Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE SMITH-KETTLEWELL EYE RESEARCH
INSTITUTE
Number and street (or P.O. box number if mail is not delivered to street address)2318 FILLMORE STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN FRANCISCO, CA94115
A Employer identification number

94-6127237
B Telephone number (see instructions)

(415) 345-2000
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$25,624,826J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 4,154,576
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 498,987 498,987 498,987
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -385,988
b Gross sales price for all assets on line 6a 18,787,137
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 4,267,575 498,987 498,987
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 499,820 0 0 499,820
14 Other employee salaries and wages...... 3,264,247 0 0 3,264,247
15 Pension plans, employee benefits....... 1,633,604 0 0 1,633,604
16a Legal fees (attach schedule)......... Click to see attachment 14,389 0 0 14,389
b Accounting fees (attach schedule)....... Click to see attachment 45,000 0 0 45,000
c Other professional fees (attach schedule).... Click to see attachment 706,887 93,669 0 613,218
17 Interest............... 2,757 0 0 2,757
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion... 398,823 0 0
20 Occupancy.............. 223,041 0 0 223,041
21 Travel, conferences, and meetings....... 27,022 0 0 27,022
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 629,314 0 0 629,314
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,444,904 93,669 0 6,952,412
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 7,444,904 93,669 0 6,952,412
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,177,329
b Net investment income (if negative, enter -0-) 405,318
c Adjusted net income (if negative, enter -0-)... 498,987
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 77,459 21,032 21,032
2 Savings and temporary cash investments......... 846,054 1,144,469 1,144,469
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable................. 128,384 43,047 43,047
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 136,840 134,922 134,922
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment1,055,879 1,055,879
b Investments—corporate stock (attach schedule)....... 7,243,866 Click to see attachment15,039,551 15,039,551
c Investments—corporate bonds (attach schedule)....... 13,388,023 Click to see attachment4,541,857 4,541,857
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet18,575,787
Less: accumulated depreciation (attach schedule) bullet14,931,718 3,972,408 Click to see attachment3,644,069 3,644,069
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 25,793,034 25,624,826 25,624,826
Liabilities 17 Accounts payable and accrued expenses.......... 711,029 762,200
18 Grants payable.................    
19 Deferred revenue................. 32,801 120,066
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......   833,194
22 Other liabilities (describe bullet) Click to see attachment17,272 Click to see attachment15,591
23 Total liabilities (add lines 17 through 22)......... 761,102 1,731,051
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 6,215,556 3,953,360
25 Net assets with donor restrictions............ 18,816,376 19,940,415
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 25,031,932 23,893,775
30 Total liabilities and net assets/fund balances (see instructions). 25,793,034 25,624,826
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
25,031,932
2
Enter amount from Part I, line 27a .....................
2
-3,177,329
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,039,172
4
Add lines 1, 2, and 3 ..........................
4
23,893,775
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
23,893,775
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES   2019-12-31 2020-12-31
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 18,787,137   19,173,125 -385,988
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -385,988
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -385,988
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 0
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter: 1985-10-24(attach copy of letter if necessary–see instructions)
b Reserved................................ 1 N/A
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3  
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.SKI.ORG
    14
    The books are in care ofbulletJOHN BRABYN CEO Telephone no.bullet (415) 345-2000

    Located atbullet2318 FILLMORE STREETSAN FRANCISCOCA ZIP+4bullet94115
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JOHN BRABYN CEO/EXECUTIVE DIRECTOR
    32.00     		280,000 21,094 0
    2318 FILLMORE STREET
    SAN FRANCISCO,CA94115
    ARTHUR JAMPOLSKY BOARD CHAIRMAN/SENIOR SCIENTIST
    40.00     		219,820 16,827 0
    2318 FILLMORE STREET
    SAN FRANCISCO,CA94115
    GUNILLA HAEGERSTROM-PORTNOY CHAIRMAN FINANCE COMMITTEE
    8.00     		0 0 0
    2318 FILLMORE STREET
    SAN FRANCISCO,CA94115
    DAVID GUYTON BOARD MEMBER
    2.00     		0 0 0
    2318 FILLMORE STREET
    SAN FRANCISCO,CA94115
    J VERNON ODOM BOARD MEMBER
    2.00     		0 0 0
    2318 FILLMORE STREET
    SAN FRANCISCO,CA94115
    MARILYN MILLER BOARD MEMBER
    2.00     		0 0 0
    2318 FILLMORE STREET
    SAN FRANCISCO,CA94115
    MARTIN STEINBACH SECRETARY/VICE PRESIDENT
    2.00     		0 0 0
    2318 FILLMORE STREET
    SAN FRANCISCO,CA94115
    FREDERICK JOHN ELSAS BOARD MEMBER
    2.00     		0 0 0
    2318 FILLMORE STREET
    SAN FRANCISCO,CA94115
    DANIEL FIGUEREDO BOARD MEMBER
    2.00     		0 0 0
    2318 FILLMORE STREET
    SAN FRANCISCO,CA94115
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    JAMES COUGHLAN SCIENTIST, SENIOR
    40.00     		182,825 39,718 0
    2318 FILLMORE STREET
    SAN FRANCISCO,CA94115
    WILLIAM GOOD SCIENTIST, SENIOR
    24.00     		175,418 39,156 0
    2318 FILLMORE STREET
    SAN FRANCISCO,CA94115
    CORAZON DEVIS CONTROLLER
    40.00     		171,514 38,859 0
    2318 FILLMORE STREET
    SAN FRANCISCO,CA94115
    STEPHEN J HEINEN SCIENTIST, SENIOR
    40.00     		181,500 26,818 0
    2318 FILLMORE STREET
    SAN FRANCISCO,CA94115
    BEATRIZ ST JOHN RESEARCH ADMINISTRAT
    40.00     		143,891 10,760 0
    2318 FILLMORE STREET
    SAN FRANCISCO,CA94115
    Total number of other employees paid over $50,000...................bullet 28
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    FUSION SECURITY SOLUTIONS IT SOLUTIONS 142,469
    42729 MAYFAIR PARK AVE
    FREMONT,CA94538
    ELIZABETH WARNER DEVELOPMENT COORDINATOR 87,120
    3425 SW COMUS STREET
    PORTLAND,OR97219
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 BASIC RESEARCH - BASIC SCIENTIFIC RESEARCH TO INCREASE THE UNDERSTANDING OF NORMAL VISION IN SUPPORT OF VISION DISORDERS. 1,200,825
    2 CLINICAL - CLINICAL RESEARCH TO DEVELOP NEW DIAGNOSTIC PROCEDURES AND TREATMENTS FOR VISUAL AND OTHER SENSORY DISORDERS. 1,716,002
    3 REHABILITATIVE ENGINEERING RESEARCH CENTER - ENGINEERING RESEARCH TO PRODUCE BETTER TECHNIQUES FOR AID AND REHABILITATION OF THE BLIND AND PARTIALLY SIGHTED. 1,470,544
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    19,386,240
    b
    Average of monthly cash balances.......................
    1b
    856,029
    c
    Fair market value of all other assets (see instructions)................
    1c
    134,922
    d
    Total (add lines 1a, b, and c).........................
    1d
    20,377,191
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    20,377,191
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    305,658
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    20,071,533
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,003,577
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    6,952,412
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    70,485
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    7,022,897
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    7,022,897
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
    1966-06-01
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
    498,987 706,179 1,155,992 851,558 3,212,716
    b 85% of line 2a ......... 424,139 600,252 982,593 723,824 2,730,809
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		7,022,897 6,584,851 6,418,197 6,505,865 26,531,810
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		7,022,897 6,584,851 6,418,197 6,505,865 26,531,810
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		669,051 709,269 784,425 817,805 2,980,550
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a 0
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 498,987  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 385,988  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 884,975 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    884,975
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    THE SMITH-KETTLEWELL EYE RESEARCH
    INSTITUTE
    Employer identification number

    94-6127237
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THE SMITH-KETTLEWELL EYE RESEARCH
    INSTITUTE         		Employer identification number
    94-6127237
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    NATIONAL INSTITUTES OF HEALTH
     
    7700 WISCONSIN AVENUE SUITE 10104
     
    BETHESDA, MD20852

    		$ 3,962,746


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    NATIONAL SCIENCE FOUNDATION
     
    2415 EISENHOWER AVE
     
    ALEXANDRIA, VA22314

    		$ 88,687


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    THE SMITH-KETTLEWELL EYE RESEARCH
    INSTITUTE         		Employer identification number

    94-6127237
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THE SMITH-KETTLEWELL EYE RESEARCH
    INSTITUTE         		Employer identification number

    94-6127237
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    THE SMITH-KETTLEWELL EYE RESEARCH
     
    INSTITUTE
    EIN:
    94-6127237
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 45,000 0 0 45,000

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE SMITH-KETTLEWELL EYE RESEARCH
     
    INSTITUTE
    EIN:
    94-6127237
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FHLMC FG G08810 41,481 41,481
    FHLMC FG V84335 71,276 71,276
    FHLMC FR QB0130 157,445 157,445
    FNMA FN CA4358 67,677 67,677
    FNMA FN MA3536 220,846 220,846
    FNMA FN MA2833 136,838 136,838
    FNMA FN MA3148 88,928 88,928
    FNMA FN MA 89,178 89,178
    FNMA FN MA3745 62,387 62,387
    FNMA FN MA3873 111,021 111,021
    FNMA FN MA3937 121,700 121,700
    FNMA FN MA4238 152,975 152,975
    FNMA FN MA4210 241,768 241,768
    AT&T INC 64,143 64,143
    AT&T INC 60,826 60,826
    ABBVIE INC 83,758 83,758
    ABBVIE INC 21,116 21,116
    ADOBE INC 48,645 48,645
    ALPHABET INC 53,262 53,262
    AMGEN INC 38,550 38,550
    ANHEUSER-BUSCH INBEV FIN INC 65,536 65,536
    APPLE INC 54,612 54,612
    BANK OF AMERICA CORP 116,260 116,260
    BOEING CO 40,688 40,688
    BRISTOL-MYERS SQUIBB CO 40,274 40,274
    CIGNA CORP 25,589 25,589
    CVS HEALTH CORP 38,079 38,079
    CAPITAL ONE FINANCIAL CO 49,292 49,292
    CATERPILLAR INC 34,173 34,173
    CATERPILLAR FINL SERVICE 22,370 22,370
    CITIGROUP INC 88,296 88,296
    COMCAST CORP 57,621 57,621
    COMCAST CORP 34,929 34,929
    COMMONWEALTH EDISON CO 82,565 82,565
    COSTCO WHOLESALE CORP 30,909 30,909
    DTE ENERGY CO 30,939 30,939
    WALT DISNEY COMPANY/THE 27,174 27,174
    DISCOVERY COMMUNICATIONS 22,910 22,910
    DOMINION RESOURCES INC VA NEW 10,084 10,084
    ENTERGY MISS INC 71,770 71,770
    ENTERPRISE PRODUCTS 41,244 41,244
    FISERV INC 62,879 62,879
    GILEAD SCIENCES INC 40,138 40,138
    GOLDMAN SACHS GROUP INC 117,544 117,544
    HOME DEPOT INC 21,597 21,597
    INTERCONTINENTALEXCHANGE 69,468 69,468
    J P MORGAN CHASE & CO 132,068 132,068
    KINDER MORGAN ENER PART 46,907 46,907
    LOWE'S COS INC 47,619 47,619
    MPLX LP 54,385 54,385
    MARSH & MCLENNAN COS INC 66,178 66,178
    MICROSOFT CORP 31,636 31,636
    MORGAN STANLEY 119,601 119,601
    ORACLE CORP 89,205 89,205
    PROGRESS ENERGY INC 56,477 56,477
    SHELL INTL FIN B V 34,004 34,004
    SHIRE ACQ INV IRELAND DA 50,341 50,341
    SIMON PROPERTY GROUP L P 20,117 20,117
    TEXAS INSTRUMENTS INC 63,261 63,261
    TORONTO-DOMINION BANK 125,468 125,468
    TOTAL CAPITAL INTL SA 76,892 76,892
    UNITED TECHNOLOGIES CORP 45,876 45,876
    VERIZON COMMUNICATIONS 42,614 42,614
    VISA INC 47,941 47,941
    WALMART INC 67,853 67,853
    WELLS FARGO & COMPANY 92,654 92,654

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE SMITH-KETTLEWELL EYE RESEARCH
     
    INSTITUTE
    EIN:
    94-6127237
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AARON'S CO INC/THE 12,741 12,741
    ABBVIE INC 23,787 23,787
    ABM INDUSTRIES INC 16,574 16,574
    ACADEMY SPORTS & OUTDOORS IN 12,770 12,770
    ACADIA HEALTHCARE CO INC 24,125 24,125
    ACCENTURE PLC IRELAND 74,445 74,445
    ACCURAY INC CALIF 8,861 8,861
    ACTIVISION BLIZZARD INC 15,506 15,506
    ADAPTIVE BIOTECHNOLOGIES 14,250 14,250
    ADVANCE AUTO PARTS INC 9,923 9,923
    ADVANCED MICRO DEVICES INC 45,213 45,213
    AERCAP HOLDINGS NV 22,334 22,334
    AGILENT TECHNOLOGIES INC 33,296 33,296
    AIA GROUP LTD 76,790 76,790
    AIR PRODUCTS & CHEMICALS 6,557 6,557
    ALCON INC 37,081 37,081
    ALEXION PHARMACEUTICALS INC 7,343 7,343
    ALIGN TECHNOLOGY INC 19,238 19,238
    ALLIANT ENERGY CORP 2,267 2,267
    ALPHABET INC 10,516 10,516
    ALPHABET INC 40,293 40,293
    ALPHABET INC 66,600 66,600
    ALTICE USA INC- A 16,549 16,549
    ALTICE USA INC- A 30,750 30,750
    AMAZON.COM INC 208,444 208,444
    AMAZON.COM INC 123,763 123,763
    AMERICAN ELECTRIC POWER CO 3,664 3,664
    AMERICAN HOMES 4 RENT 2,880 2,880
    AMERICAN STATES WATER COMPANY 15,186 15,186
    AMERICOLD REALTY TRUST 20,308 20,308
    AMERICOLD REALTY TRUST 5,152 5,152
    AMERISAFE INC-CL A 13,324 13,324
    AMETEK INC NEW 19,834 19,834
    AMETEK INC NEW 8,345 8,345
    AMNEAL PHARMACEUTICALS INC 6,855 6,855
    AMPHENOL CORP NEW-CL A 15,954 15,954
    ANALOG DEVICES INC 26,887 26,887
    ANTHEM INC 9,633 9,633
    AON PLC 35,071 35,071
    AON PLC 16,902 16,902
    APPLE INC 256,092 256,092
    APPLE INC 166,526 166,526
    APTIV PLC 8,860 8,860
    ASHLAND GLOBAL HOLDINGS INC 2,059 2,059
    ASML HOLDING N V 89,740 89,740
    ASML HOLDING N V 33,653 33,653
    ASSURANT INC 14,031 14,031
    ATHENE HOLDING LTD-CLASS A 5,349 5,349
    ATRICURE INC 16,144 16,144
    AUDIOCODES LTD ORD 12,563 12,563
    AUTODESK INC 32,366 32,366
    AUTODESK INC 11,603 11,603
    AVANOS MEDICAL INC 8,947 8,947
    AVERY DENNISON CORP 9,617 9,617
    AVERY DENNISON CORP 31,022 31,022
    AVIS BUDGET GROUP INC 14,174 14,174
    BABCOCK & WILCOX ENTERPR 1,966 1,966
    BADGER METER INC 19,941 19,941
    BANK OZK 22,608 22,608
    BANKUNITED INC 20,520 20,520
    BARRICK GOLD CORP 843 843
    BELLRING BRANDS INC-CLASS A 6,078 6,078
    BIOGEN IDEC INC 3,673 3,673
    BIOMARIN PHARMACEUTICAL INC 6,577 6,577
    BJ'S WHOLESALE CLUB HOLDINGS 6,822 6,822
    BLACK KNIGHT INC 7,775 7,775
    BLACKROCK INC 9,380 9,380
    BLOOM ENERGY CORP- A 11,321 11,321
    BOEING CO 10,275 10,275
    BOOKING HOLDINGS INC 11,136 11,136
    BOSTON SCIENTIFIC CORP 15,351 15,351
    BOX INC 9,657 9,657
    BRISTOL MYERS SQUIBB CO 15,694 15,694
    BRUNSWICK CORP 24,549 24,549
    BWX TECHNOLOGIES INC 24,896 24,896
    CABOT MICROELECTRONICS CORP 21,333 21,333
    CABOT OIL & GAS CORP 1,514 1,514
    CACTUS INC-CLASS A 261 261
    CADENCE DESIGN SYSTEMS INC 24,830 24,830
    CALAVO GROWERS INC 18,885 18,885
    CARLYLE GROUP/THE 7,891 7,891
    CASEYS GENERAL STORES INC 12,861 12,861
    CATERPILLAR INC 14,380 14,380
    CDW CORPORATION 3,822 3,822
    CENTERPOINT ENERGY INC 4,415 4,415
    CEVA INC 8,645 8,645
    CHAMPIONX CORP 153 153
    CHARLES RIVER LABORATORIES 43,726 43,726
    CHECK POINT SOFTWARE 7,443 7,443
    CHEMED CORPORATION 28,228 28,228
    CHENIERE ENERGY INC 3,542 3,542
    CHESAPEAKE UTILITIES CORP 19,153 19,153
    CHEVRON CORPORATION 13,343 13,343
    CHICOS FAS INC 1,049 1,049
    CHILDRENS PLACE RETAIL STORES 6,012 6,012
    CHUBB LTD 11,082 11,082
    CHURCH & DWIGHT CO INC 13,433 13,433
    CIENA CORPORATION 36,731 36,731
    CIGNA CORP 8,952 8,952
    CISCO SYSTEMS INC 15,931 15,931
    CITIZENS FINANCIAL GROUP INC 26,892 26,892
    CLEAN HARBORS INC 12,557 12,557
    CLEVELAND-CLIFFS INC 14,487 14,487
    CLOUDERA INC 30,811 30,811
    COGENT COMMUNICATIONS GROUP 15,506 15,506
    COGNIZANT TECHNOLOGY SOLUTIONS 17,046 17,046
    COHEN & STEERS INC 21,101 21,101
    COLFAX CORPORATION 6,080 6,080
    COMCAST CORP 20,331 20,331
    COMERICA INC 17,596 17,596
    CONCHO RESOURCES INC 1,109 1,109
    CONDUENT INC 13,152 13,152
    CONOCOPHILLIPS 4,599 4,599
    CONSTELLATION BRANDS INC CL A 33,296 33,296
    CONSTELLATION BRANDS INC CL A 14,457 14,457
    COOPER COMPANIES INC OLD (THE) 10,173 10,173
    CORE MARK HOLDING CO INC 16,477 16,477
    CORELOGIC INC 18,943 18,943
    COSTAR GROUP INC 17,561 17,561
    COVANTA HOLDING CORPORATION 8,206 8,206
    CROWDSTRIKE HOLDINGS INC - A 11,650 11,650
    CROWN HOLDINGS INC 19,739 19,739
    CROWN HOLDINGS INC 3,106 3,106
    CROWN HOLDINGS INC 52,605 52,605
    CSX CORP 37,026 37,026
    CSX CORP 14,611 14,611
    CYTOSORBENTS CORPORATION 3,029 3,029
    DANAHER CORP 42,651 42,651
    DARDEN RESTAURANTS INC 22,514 22,514
    DEERE & CO 10,224 10,224
    DELTA AIR LINES INC DEL 2,413 2,413
    DEVON ENERGY CORPORATION 1,360 1,360
    DEVON ENERGY CORPORATION 8,063 8,063
    DEXCOM INC 29,208 29,208
    DIAMONDBACK ENERGY INC 11,664 11,664
    DIEBOLD INC 10,980 10,980
    DISH NETWORK CORP 3,784 3,784
    DOMINION ENERGY INC 5,414 5,414
    DOVER CORP 6,439 6,439
    DRIL-QUIP INC 3,554 3,554
    DTE ENERGY CO 2,671 2,671
    DUKE ENERGY CORPORATION 6,318 6,318
    EATON CORPORATION PLC 9,611 9,611
    ECOLAB INC 4,544 4,544
    EHEALTH INC 2,895 2,895
    ELECTRONIC ARTS 12,637 12,637
    ELI LILLY & CO 68,043 68,043
    ELI LILLY & CO 17,222 17,222
    EMERSON ELECTRIC CO 5,304 5,304
    ENCOMPASS HEALTH CORP 27,453 27,453
    ENERPAC TOOL GROUP CORP 8,366 8,366
    ENSIGN GROUP INC COM USD0.001 32,887 32,887
    ENTEGRIS INC 10,283 10,283
    ENTEGRIS INC 5,862 5,862
    ENTEGRIS INC 12,013 12,013
    ENTERGY CORP NEW 2,496 2,496
    EOG RESOURCES INC 3,391 3,391
    EQT CORPORATION 585 585
    EQUIFAX INC 5,785 5,785
    EQUITABLE HOLDINGS INC 9,315 9,315
    EQUITY LIFESTYLE PROPERTIES 10,201 10,201
    EVERCORE PARTNERS INC 27,958 27,958
    EVERGY INC 2,942 2,942
    EXACT SCIENCES CORP 13,646 13,646
    EXELON CORP 3,926 3,926
    EXPEDIA INC 21,316 21,316
    EXPONENT INC 16,836 16,836
    EXPRESS INC 382 382
    EXXON MOBIL CORP 13,314 13,314
    FACEBOOK INC 126,746 126,746
    FARFETCH LTD-CLASS A 10,337 10,337
    FEDERAL AGRICULTURAL MORTGAGE 18,785 18,785
    FEDEX CORP 8,308 8,308
    FERRARI N V 39,936 39,936
    FIDELITY NATIONAL INFORMATION 26,170 26,170
    FIREEYE INC 34,244 34,244
    FISERV INC 17,762 17,762
    FIVE BELOW INC 23,097 23,097
    FIVE9 INC 21,974 21,974
    FLIR SYSTEMS INC 6,794 6,794
    FLUIDIGM CORPORATION 11,010 11,010
    FMC CORP-NEW 5,057 5,057
    GALLAGHER ARTHUR J & CO 3,711 3,711
    GENERAL MOTORS COMPANY 10,243 10,243
    GLOBAL PAYMENTS INC 19,603 19,603
    HAIN CELESTIAL GROUP INC 16,060 16,060
    HARSCO CORP 19,688 19,688
    HARTFORD FINANCL SERV GRP INC 6,220 6,220
    HCA HEALTHCARE INC 6,414 6,414
    HILL ROM HOLDINGS INC 10,875 10,875
    HOME BANCSHARES INC 21,467 21,467
    HOME DEPOT INC 29,218 29,218
    HONEYWELL INTL INC 18,718 18,718
    HORIZON THERAPEUTICS PLC 21,360 21,360
    HUMANA INC-W/RTS 27,488 27,488
    HUMANA INC-W/RTS 6,975 6,975
    ICON PLC 19,108 19,108
    IHS MARKIT LTD 15,181 15,181
    II VI INC 11,014 11,014
    IMPINJ INC 6,490 6,490
    INFINERA CORP 12,524 12,524
    INNOVATIVE INDUSTRIAL PROPER 27,103 27,103
    INTERCONTINENTALEXCHANGE GROUP 23,634 23,634
    INTERNATIONAL GAME 19,905 19,905
    INTERNATIONAL PAPER CO 2,188 2,188
    INTERSECT ENT INC 10,305 10,305
    INTUIT INC 67,233 67,233
    INTUIT INC 20,132 20,132
    INVITATION HOMES INC 2,643 2,643
    ITRON INC 28,770 28,770
    J & J SNACK FOOD CORP 20,509 20,509
    J P MORGAN CHASE & CO 45,999 45,999
    JACOBS ENGINEERING GROUP 3,814 3,814
    JOHNSON & JOHNSON 41,548 41,548
    JOHNSON CONTROLS INC 8,200 8,200
    KB HOME 15,185 15,185
    KBR INC 21,806 21,806
    KENNEDY-WILSON HLDGS INC 17,210 17,210
    KEURIG DR PEPPER INC 19,808 19,808
    KRATOS DEFENSE & SEC SOLUTIONS 10,807 10,807
    LAKELAND FINANCIAL CORP 19,878 19,878
    LAM RESEARCH CORP 31,642 31,642
    LAM RESEARCH CORP 12,279 12,279
    LANDSTAR SYSTEMS INC 17,371 17,371
    LAS VEGAS SANDS CORP 15,496 15,496
    LEAR CORPORATION 2,385 2,385
    LEMAITRE VASCULAR INC 23,409 23,409
    LENNAR CORP CL A 6,403 6,403
    LINDE PLC 13,703 13,703
    LITTELFUSE INC 22,410 22,410
    LKQ CORPORATION 10,678 10,678
    LONZA GROUP AG ZUERICH 45,497 45,497
    LULULEMON ATHLETICA INC 60,557 60,557
    LUMINEX CORP DEL 14,450 14,450
    LUMINEX CORP DEL 8,901 8,901
    LYDALL INC 13,213 13,213
    MACOM TECHNOLOGY SOLUTIONS 34,400 34,400
    MANTECH INTERNATIONAL COR CL A 20,278 20,278
    MARRIOTT INTERNATIONAL INC NEW 8,443 8,443
    MARTIN MARIETTA MATERIALS INC 1,704 1,704
    MATERION CORPORATION 14,719 14,719
    MAXIMUS INC 15,004 15,004
    MCDONALDS CORP 16,094 16,094
    MEDNAX INC 10,798 10,798
    MEDTRONIC PLC 25,888 25,888
    MERCADOLIBRE INC 117,265 117,265
    MERCURY COMPUTER SYSTEMS INC 10,127 10,127
    METTLER-TOLEDO INTERNATIONAL 61,543 61,543
    MGP INGREDIENTS INC 19,859 19,859
    MICROSOFT CORP 76,290 76,290
    MICROSOFT CORP 145,240 145,240
    MOHAWK INDUSTRIES INC 2,255 2,255
    MOLINA HEALTHCARE INC 18,078 18,078
    MONDELEZ INTERNATIONAL INC 23,388 23,388
    MONOLITHIC POWER SYS INC 24,171 24,171
    MONRO MUFFLER BRAKE INC 22,439 22,439
    MONSTER BEVERAGE CORPORATION 7,768 7,768
    MORGAN STANLEY 29,879 29,879
    MORNINGSTAR INC 20,147 20,147
    MOTOROLA SOLUTIONS INC 7,823 7,823
    MSC INDUSTRIAL DIRECT CO INC CL 23,545 23,545
    NETFLIX COM INC 16,763 16,763
    NEW RELIC INC 3,924 3,924
    NEWMONT MINING HOLDING CO NEW 4,612 4,612
    NEXPOINT RESIDENTIAL TRUST INC 16,120 16,120
    NEXSTAR MEDIA GROUP INC 23,476 23,476
    NEXTERA ENERGY INC 13,887 13,887
    NEXTERA ENERGY PARTNERS LP 1,475 1,475
    NIKE INC-CL B 19,240 19,240
    NORTHROP GRUMMAN CORP 8,227 8,227
    NOVARTIS AG-SPONSORED ADR 6,610 6,610
    NUANCE COMMUNICATIONS INC 42,547 42,547
    NUCOR CORP 2,128 2,128
    NVENT ELECTRIC PLC 4,192 4,192
    O REILLY AUTOMOTIVE INC 43,899 43,899
    ODP CORP/THE 6,651 6,651
    ONEOK INC (NEW) 2,418 2,418
    ONESPAN INC 8,996 8,996
    ORACLE CORP 22,642 22,642
    ORASURE TECHNOLOGIES INC 6,298 6,298
    ORMAT TECHNOLOGIES INC 16,702 16,702
    OSI SYSTEMS INC 11,186 11,186
    OTIS WORLDWIDE CORP 3,985 3,985
    PACKAGING CORP AMER 1,793 1,793
    PATTERSON COMPANIES INC 13,778 13,778
    PATTERSON-UTI ENERGY INC 2,472 2,472
    PAYA HOLDINGS INC-A 6,437 6,437
    PAYCOM SOFTWARE INC 28,040 28,040
    PAYPAL HOLDINGS INC 54,334 54,334
    PELOTON INTERACTIVE INC 11,531 11,531
    PERNOD RICARD SA 33,671 33,671
    PFIZER INC 17,043 17,043
    PG&E CORP 4,523 4,523
    PHILIP MORRIS INTERNATIONAL 53,565 53,565
    PHILLIPS 66 4,686 4,686
    PIONEER NATURAL RESOURCES 3,189 3,189
    PNC FINANCIAL SVCS GROUP 28,161 28,161
    POWER INTEGRATIONS INC 22,757 22,757
    PPG INDUSTRIES INC 3,173 3,173
    PROCTER & GAMBLE CO 37,011 37,011
    PROG HOLDINGS INC 20,955 20,955
    PROGRESSIVE CORP-OHIO- 22,446 22,446
    PROGRESSIVE CORP-OHIO- 19,380 19,380
    PROLOGIS INC 12,557 12,557
    PROOFPOINT INC 6,957 6,957
    PUBLIC SERVICE ENTERPRISE 3,381 3,381
    QTS REALTY TRUST INC 19,863 19,863
    QUAKER CHEMICAL CORP 24,832 24,832
    QUALCOMM INC 39,456 39,456
    QUALCOMM INC 19,804 19,804
    QUANTUM CORP 4,896 4,896
    RADWARE LTD 4,440 4,440
    RAMBUS INC 22,436 22,436
    RANGE RESOURCES CORP 670 670
    REALREAL INC/THE 9,125 9,125
    REGENERON PHARMACEUTICALS 8,696 8,696
    RESIDEO TECHNOLOGIES INC 34,548 34,548
    RESMED INC 69,295 69,295
    RIBBON COMMUNICATIONS INC 9,217 9,217
    RINGCENTRAL INC 47,750 47,750
    ROPER INDUSTRIES INC NEW 29,745 29,745
    ROSS STORES INC 41,633 41,633
    RYDER SYSTEM INC 5,558 5,558
    S&P GLOBAL INC 23,997 23,997
    S&P GLOBAL INC 13,478 13,478
    SAILPOINT TECHNOLOGIES HOLDI 8,412 8,412
    SALESFORCE.COM INC 15,800 15,800
    SBAC 29,906 29,906
    SCHLUMBERGER LTD 2,489 2,489
    SEAWORLD ENTERTAINMENT INC 6,476 6,476
    SELECTQUOTE INC 3,341 3,341
    SEMPRA ENERGY 4,714 4,714
    SERVICENOW INC 42,934 42,934
    SERVICENOW INC 16,513 16,513
    SHERWIN WILLIAMS CO 8,084 8,084
    SHOE CARNIVAL INC 20,060 20,060
    SHUTTERSTOCK INC 8,676 8,676
    SIMPLY GOOD FOODS CO/THE 4,767 4,767
    SMARTSHEET INC-CLASS A 8,800 8,800
    SNAP INC - A 26,036 26,036
    SOUTHERN COPPER CORPORATION 781 781
    SPIRIT AEROSYSTEMS HOLDINGS INC 8,013 8,013
    SPOTIFY TECHNOLOGY SA 20,453 20,453
    STANDEX INTERNATIONAL CORP 24,496 24,496
    STANLEY BLACK & DECKER INC 9,107 9,107
    STARWOOD PROPERTY TRUST INC 6,774 6,774
    STEEL DYNAMICS INC 2,360 2,360
    STERICYCLE INC 24,959 24,959
    STERIS PLC 46,058 46,058
    STRATASYS LTD 14,504 14,504
    SUNNOVA ENERGY INTERNATIONAL 2,618 2,618
    T MOBILE US INC 75,786 75,786
    TAKE-TWO INTERACTIVE SOFTWARE 42,597 42,597
    TANDEM DIABETES CARE INC 9,377 9,377
    TARGA RESOURCES CORP 4,353 4,353
    TCF FINANCIAL CORP 15,734 15,734
    TE CONNECTIVITY LTD 8,112 8,112
    TELADOC INC 5,199 5,199
    TELEDYNE TECHNOLOGIES INC 9,800 9,800
    TEMPUR PEDIC INTERNATIONAL 15,120 15,120
    TEREX CORP NEW 5,094 5,094
    TETRA TECH INC NEW 17,830 17,830
    TEXAS CAPITAL BANCSHARES 21,123 21,123
    TEXAS INSTRUMENTS INC 30,528 30,528
    TEXTRON INC 1,643 1,643
    THERMO FISHER SCIENTIFIC 21,892 21,892
    TOLL BROTHERS INC 2,999 2,999
    TRANE TECHNOLOGIES PLC 5,661 5,661
    TRANSDIGM GROUP INC 9,902 9,902
    TRANSUNION 10,815 10,815
    TREEHOUSE FOODS INC 7,436 7,436
    TWILIO INC 33,173 33,173
    TWIN DISC INC 1,138 1,138
    UBER TECHNOLOGIES INC 9,792 9,792
    ULTA BEAUTY INC 11,774 11,774
    UNIFIRST CORP - MASS 21,804 21,804
    UNION PACIFIC CORP 16,241 16,241
    UNISYS CORPORATION 24,797 24,797
    UNITED PARCEL SVC INC CL B 9,936 9,936
    UNITED RENTALS INC 7,653 7,653
    UNITEDHEALTH GROUP INC 27,704 27,704
    UNIVERSAL DISPLAY CORP 16,775 16,775
    UNIVERSAL DISPLAY CORP 7,124 7,124
    UTZ BRANDS INC 3,088 3,088
    VALMONT INDUSTRIES INC 8,747 8,747
    VALVOLINE INC - W/I 2,407 2,407
    VEECO INSTRUMENTS INC-DEL 14,843 14,843
    VEEVA SYSTEMS INC 5,173 5,173
    VERINT SYSTEMS INC 32,246 32,246
    VERISK ANALYTICS INC 2,906 2,906
    VERTEX PHARMACEUTICALS INC 13,708 13,708
    VIASAT INC 7,183 7,183
    VIAVI SOLUTIONS INC 15,200 15,200
    VIRGIN GALACTIC HOLDINGS INC 5,102 5,102
    VISA INC 88,586 88,586
    VISA INC 54,683 54,683
    VISTEON CORP 7,155 7,155
    VISTRA ENERGY CORP 2,261 2,261
    VISTRA ENERGY CORP 13,939 13,939
    VONAGE HOLDINGS CORP 5,279 5,279
    W H BRADY CO CL A NON VTG 6,127 6,127
    WAL-MART STORES INC 26,091 26,091
    WELBILT INC COM 8,316 8,316
    WEX INC 3,867 3,867
    WEYERHAEUSER CO 5,164 5,164
    WILLIAMS COMPANIES INC 4,411 4,411
    WINGSTOP INC 4,109 4,109
    WIX COM LTD 4,749 4,749
    XPERI HOLDING CORP 24,620 24,620
    XPO LOGISTICS INC 5,364 5,364
    ZEBRA TECHNOLOGIES CORP-CL A 9,993 9,993
    ZIMMER HOLDINGS INC 12,481 12,481
    ZOETIS INC 14,233 14,233
    ADYEN NV-UNSPON ADR 43,709 43,709
    AMADEUS IT HOLDING SA 54,176 54,176
    ATLAS COPCO AB-SPONSORED 55,269 55,269
    CSL LTD 84,485 84,485
    CANADIAN PACIFIC RAILWAY 81,125 81,125
    DSV A/S-UNSPONSORED ADR 64,023 64,023
    EXPERIAN GROUP LIMITED 76,148 76,148
    HDFC BK LTD 71,248 71,248
    LVMH MOET HENNESSY LOUIS 77,707 77,707
    NESTLE SA-SPONSORED ADR 48,534 48,534
    SHOPIFY INC 45,278 45,278
    SIKA AG-BR-ADR 54,955 54,955
    SMITH & NEPHEW P L C 48,664 48,664
    TAIWAN SEMICONDUCTOR MFG CO 117,109 117,109
    TENCENT HOLDINGS LIMITED 51,689 51,689
    WASTE CONNECTIONS INC 4,718 4,718
    ALGONQUIN POWER & UTILITIES 24,377 24,377
    BHP BILLITON PLC 583 583
    BROOKFIELD ASSET MANAGEMENT 17,498 17,498
    NESTLE SA-SPONSORED ADR 10,955 10,955
    RIO TINTO PLC SPONSORED ADR 1,956 1,956
    ROCHE HOLDING LTD 4,121 4,121
    WASTE CONNECTIONS INC 5,949 5,949
    ATLANTIC POWER CORPORATION 5,649 5,649
    CRITEO S A 31,688 31,688
    TALEND S A 6,901 6,901
    BLACKSTONE GROUP INC/THE -A 5,379 5,379
    NEUBERGER BERMAN INCOME FDS 651,582 651,582
    NEUBERGER BERMAN INCOME FDS 1,178,898 1,178,898
    NEUBERGER BERMAN INCOME FDS 208,508 208,508
    TIAA-CREF INSTL MUT FDS 733,662 733,662
    NEUBERGER & BERMAN EQUITY FD 723,559 723,559
    NEUBERGER & BERMAN EQUITY 1,066,645 1,066,645
    NEUBERGER BERMAN EQUITY FDS 870,450 870,450
    NEUBERGER BERMAN US EQUITY 560,410 560,410
    ISHARES TRUST 13,770 13,770

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    THE SMITH-KETTLEWELL EYE RESEARCH
     
    INSTITUTE
    EIN:
    94-6127237
    US Government Securities - End of Year Book Value:

    1,055,879
    US Government Securities - End of Year Fair Market Value:

    1,055,879
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 LandEtcSchedule2
    Name:
    THE SMITH-KETTLEWELL EYE RESEARCH
     
    INSTITUTE
    EIN:
    94-6127237
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 1,445,123 0 1,445,123 1,445,123
    BUILDING 11,302,642 9,248,875 2,053,767 2,053,767
    EQUIPMENT 5,559,117 5,413,938 145,179 145,179
    OTHER PP&E 268,905 268,905 0  


    TY 2020 LegalFeesSchedule
    Name:
    THE SMITH-KETTLEWELL EYE RESEARCH
     
    INSTITUTE
    EIN:
    94-6127237
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 14,389 0 0 14,389


    TY 2020 OtherExpensesSchedule
    Name:
    THE SMITH-KETTLEWELL EYE RESEARCH
     
    INSTITUTE
    EIN:
    94-6127237
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRAINEE STIPENDS 283,071 0 0 283,071
    RESEARCH & OFFICE SUPPLIES 120,861 0 0 120,861
    INSURANCE 102,020 0 0 102,020
    OTHER/MISCELLANEOUS 15,322 0 0 15,322
    DUES AND SUBSCRIPTIONS 42,183 0 0 42,183
    TELEPHONE AND POSTAGE 64,783 0 0 64,783
    RECRUITMENT 374 0 0 374
    BANK CHARGES 700 0 0 700


    TY 2020 OtherIncreasesSchedule
    Name:
    THE SMITH-KETTLEWELL EYE RESEARCH
     
    INSTITUTE
    EIN:
    94-6127237
    Description Amount
    UNREALIZED GAINS ON INVESTMENT 2,039,172


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE SMITH-KETTLEWELL EYE RESEARCH
     
    INSTITUTE
    EIN:
    94-6127237
    Description Beginning of Year - Book Value End of Year - Book Value
    CAPITAL LEASE LIABILITY 16,759 12,796
    SALES AND USE TAX LIABILITY 513 2,795


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE SMITH-KETTLEWELL EYE RESEARCH
     
    INSTITUTE
    EIN:
    94-6127237
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTANTS/COLLABORATORS 264,471 0 0 264,471
    SCIENTIFIC & TECHNICAL SERVICE 645 0 0 645
    DATA PROCESSING/SOFTWARE 11,404 0 0 11,404
    CONSORTIUM/CONTRACTUAL COST 271,456 0 0 271,456
    OTHER PROFESSIONAL FEES 65,242 0 0 65,242
    INVESTMENT MANAGEMENT FEES 93,669 93,669 0 0