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 07-01-2020 , and ending 06-30-2021
Name of foundation
THE WHITEHEAD FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 963
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LENOX, MA012400963
A Employer identification number

47-4303914
B Telephone number (see instructions)

(617) 630-6900
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$45,944,448J 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) 6,583,227
2 Check bullet.............
3 Interest on savings and temporary cash investments 698 698  
4 Dividends and interest from securities... 439,923 422,514  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,058,660
b Gross sales price for all assets on line 6a 42,408,789
7 Capital gain net income (from Part IV, line 2)... 5,058,660
8 Net short-term capital gain.........  
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)....... Click to see attachment 1,001,781 1,001,800  
12 Total. Add lines 1 through 11........ 13,084,289 6,483,672  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 1,304 0   1,304
b Accounting fees (attach schedule)....... Click to see attachment 9,260 4,630   4,630
c Other professional fees (attach schedule).... Click to see attachment 190,996 190,996   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 17,631 2,768   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 493,396 212,975   2,549
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 712,587 411,369   8,483
25 Contributions, gifts, grants paid....... 2,154,000 2,154,000
26 Total expenses and disbursements. Add lines 24 and 25 2,866,587 411,369   2,162,483
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 10,217,702
b Net investment income (if negative, enter -0-) 6,072,303
c Adjusted net income (if negative, enter -0-)...  
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.............      
2 Savings and temporary cash investments......... 2,899,294 13,541,305 13,541,305
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
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..........      
10a Investments—U.S. and state government obligations (attach schedule) 5,838,846 Click to see attachment3,958,730 3,956,945
b Investments—corporate stock (attach schedule)....... 20,420,949 Click to see attachment18,034,882 19,615,097
c Investments—corporate bonds (attach schedule)....... 4,943,376 Click to see attachment2,996,675 3,041,047
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment6,867,564 5,790,054
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 34,102,465 45,399,156 45,944,448
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment1,505,142
23 Total liabilities (add lines 17 through 22)......... 0 1,505,142
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...........    
25 Net assets with donor restrictions............    
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 34,102,465 43,894,014
29 Total net assets or fund balances (see instructions)..... 34,102,465 43,894,014
30 Total liabilities and net assets/fund balances (see instructions). 34,102,465 45,399,156
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
34,102,465
2
Enter amount from Part I, line 27a .....................
2
10,217,702
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
44,320,167
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
426,153
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
43,894,014
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 *496      
b PUBLICLY TRADED SECURITIES *496      
c PUBLICLY TRADED SECURITIES *743      
d PUBLICLY TRADED SECURITIES *743      
e PUBLICLY TRADED SECURITIES *744      
PUBLICLY TRADED SECURITIES *744      
PUBLICLY TRADED SECURITIES *830      
PUBLICLY TRADED SECURITIES *830      
PERSHING: PUBLICLY TRADED SECURITIES      
FROM K-1: AEA INVESTORS 2006 QP PARTICIPANT FD P    
AEA INVESTORS LQ LLC D    
FROM K-1: HCO INVESTORS II LP P    
HCO INVESTORS II LP D    
FROM K-1: PETRUS INVESTORS 2005 LP P    
FROM K-1: PETRUS CROWN WEST INVESTORS LLC P    
CAPITAL GAINS DIVIDENDS P    
(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 9,593,315   8,656,125 937,190
b 16,655,129   13,535,924 3,119,205
c 1,821,327   1,558,652 262,675
d 2,254,563   1,841,340 413,223
e 3,656,000   3,669,036 -13,036
6,759,277   6,615,406 143,871
639,765   633,229 6,536
572,727   564,103 8,624
389,664   368,160 21,504
      59,267
      -15,970
      3,725
      -481
      27,113
      18,192
67,022     67,022
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       937,190
b       3,119,205
c       262,675
d       413,223
e       -13,036
      143,871
      6,536
      8,624
      21,504
      59,267
      -15,970
      3,725
      -481
      27,113
      18,192
      67,022
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 5,058,660
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  
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:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 84,405
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 0
3 Add lines 1 and 2........................... 3 84,405
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 84,405
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 9,360
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 9,360
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 75,045
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletDE, MA
    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
     
    No
    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 addressbulletWHITEHEADFOUNDATION.ORG
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (617) 630-6900

    Located atbulletP O BOX 963LENOXMA ZIP+4bullet012400963
    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
     
    No
    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
    J GREGORY WHITEHEAD PRESIDENT, DIRECTOR
    10.00     		0 0 1,235
    P O BOX 963
    LENOX,MA01240
    TIMOTHY P MALONEY TREASURER, DIRECTOR
    5.00     		0 0 1,235
    P O BOX 963
    LENOX,MA01240
    SUSAN GINSBURG VICE PRESIDENT, DIRECTOR
    1.00     		0 0 1,235
    P O BOX 963
    LENOX,MA01240
    LILLIAN LENNOX WHITEHEAD SECRETARY, DIRECTOR
    1.00     		0 0 1,235
    P O BOX 963
    LENOX,MA01240
    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
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    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
    ATHENA CAPITAL ADVISORS LLC INVESTMENT ADVISOR 108,831
    55 OLD BEDFORD RD 302
    LINCOLN,MA01773
    HARRIS ASSOCIATES INVESTMENT ADVISOR 61,960
    111 SOUTH WACKER DR STE 4600
    CHICAGO,IL60606
    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  
    2  
    3  
    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
    32,127,080
    b
    Average of monthly cash balances.......................
    1b
    7,247,826
    c
    Fair market value of all other assets (see instructions)................
    1c
    6,293,227
    d
    Total (add lines 1a, b, and c).........................
    1d
    45,668,133
    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
    45,668,133
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    685,022
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    44,983,111
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,249,156
    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
    2,249,156
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    84,405
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    84,405
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,164,751
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,164,751
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,164,751
    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
    2,162,483
    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
     
    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
    2,162,483
    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
    2,162,483
    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 2,164,751
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019...... 100,998
    fTotal of lines 3a through e........ 100,998
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,162,483
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 2,162,483
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 2,268 2,268
    (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 98,730
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    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) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		98,730
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019.... 98,730
    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
     
    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
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    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) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    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
    EQUAL JUSTICE INITIATIVE
    122 COMMERCE ST
    MONTGOMERY,AL36104     		  PC GENERAL FUNDING 50,000
    HUMAN RIGHTS FIRST
    75 BOARD ST
    NEW YORK,NY10004     		  PC GENERAL FUNDING 25,000
    LATIN AMERICAN YOUTH CENTER INC
    1419 COLUMBIA ROAD NW
    WASHINGTON,DC20009     		  PC FOOD & NUTRITION PROGRAM 40,000
    THE OCEAN CONSERVANCY INC
    1300 19TH STREET NW
    WASHINGTON,DC20036     		  PC TRASH-FREE SEAS PROGRAM + GHOST GEAR INITIATIVE 50,000
    NORTHWEST ATLANTIC MARINE ALLIANCE
    222 MAIN ST
    GLOUCESTER,MA01930     		  PC GENERAL FUNDING 10,000
    METTA EARTH
    334 GEARY RD
    LINCOLN,VT05443     		  PC EARTH RESPONDERS 20,000
    FIRST NATIONS DEVELOPMENT INSTITUTE
    2432 MAIN ST 2ND FLOOR
    LONGMONT,CO80501     		  PC NOURISHING NATIVE FOODS + NUTRITION 25,000
    NATIVE AMERICAN RIGHTS FUND
    1506 BROADWAY
    BOULDER,CO80302     		  PC PROTECTION OF SACRED LANDS 25,000
    POTOMAC CONSERVANCY INC
    8403 COLESVILLE RD STE 805
    SILVER SPRING,MD20910     		  PC CLIMATE IMPACTS 15,000
    SOUTH CAROLINA COSTAL CONSERVATION LEAGUE
    P O BOX 1765
    CHARLESTON,SC29402     		  PC GROW FOOD CAROLINA PROGRAM 25,000
    WAVE FARM INC
    5666 ROUTE 23
    ACRA,NY12405     		  PC WGXC 10,000
    THIRD SECTOR NEW ENGLAND INC
    89 SOUTH ST SUITE 700
    BOSTON,MA02111     		  PC FARM TO INSTITUTION NEW ENGLAND 20,000
    CONTEXTOS
    641 W LAKE ST SUITE 200
    CHICAGO,IL60661     		  PC TRANSFORMATIVE STORYTELLING SAN SALVADOR 25,000
    HOPEFUL HORIZONS
    PO BOX 1775
    BEAUFORT,SC29901     		  PC GENERAL FUNDING 10,000
    ST JOHNS COLLEGE
    1160 CAMINO CRUZ BLANCA
    SANTA FE,NM87505     		  PC SANTA FE ADMISSIONS INITIATIVES 25,000
    HAVEN FOR HOPE
    1 HAVEN FOR HOPE WAY
    SAN ANTONIO,TX78207     		  PC GENERAL FUNDING 3,000
    PROJECT RED
    24165 IH-10 W
    SAN ANTONIO,TX78257     		  PC GENERAL FUNDING 3,000
    GULF OF MAINE RESEARCH INSTITUTE
    350 COMMERCIAL ST
    PORTLAND,ME04101     		  PC SUSTAINABLE SEAFOOD PROGRAM + SEA-LEVEL RISE PLANNING 50,000
    BERKSHIRE AGRICULTURAL VENTURES
    314 MAIN ST SUITE 11
    GREAT BARRINGTON,MA01230     		  PC LOAN FUND 20,000
    SHELBURNE FARMS
    1611 HARBOR RD
    SHELBURNE,VT05482     		  PC EDUCATION FOR SUSTAINABILITY INITIATIVES 25,000
    VOICE OF WITNESS
    849 VALENCIA STREET
    SAN FRANCISCO,CA94110     		  PC GENERAL FUNDING 20,000
    AMERICAN FRIENDS OF WILDLIFE JUSTICE COMMISSION
    204 COLUMBIA HEIGHTS
    BROOKLYN,NY11201     		  PC GENERAL FUNDING 25,000
    ENVIRONMENTAL INVESTIGATION AGENCY
    PO BOX 53343
    WASHINGTON,DC20009     		  PC CLIMATE CHANGE MITIGATION 50,000
    PHYSICIANS FOR HUMAN RIGHTS
    256 WEST 38TH ST
    NEW YORK,NY10018     		  PC GENERAL FUNDING 20,000
    INSTITUTE FOR LOCAL SELF-RELIANCE
    2720 E 22ND ST
    MINNEAPOLIS,MN55406     		  PC LOCALLY-SCALED BUSINESS 20,000
    PEN FAULKNER FOUNDATION
    641 S STREET 3RD FLOOR
    WASHINGTON,DC20001     		  PC GENERAL FUNDING 10,000
    EARTH CIRCLE FOUNDATION
    901 WEST SAN MATEO SUITE M
    SANTA FE,NM875053990     		  PC GENERAL FUNDING 10,000
    THE ORION SOCIETY
    187 MAIN STREET
    GREAT BARRINGTON,MA01230     		  PC GENERAL FUNDING 10,000
    SILKROAD
    175 NORTH HARVARD STREET
    BOSTON,MA02134     		  PC GENERAL FUNDING 10,000
    BERKSHIRE TACONIC COMMUNITY FOUNDATION
    800 NORTH MAIN STREET
    SHEFFIELD,MA012579503     		  PC NEIGHBOR TO NEIGHBOR 10,000
    GREENAGERS
    PO BOX 157
    S EGREMONT,MA01258     		  PC GENERAL FUNDING 25,000
    ROOTS RISING
    PO BOX 1805
    PITTSFIELD,MA01202     		  PC ROOTS RISING PROGRAM 25,000
    EARTH JUSTICE
    50 CALIFORNIA ST
    SAN FRANCISCO,CA94111     		  PC ENERGY PROGRAMS 50,000
    HURRICANE ISLAND OUTWARD BOUND SCHOOL
    PO BOX 800
    CAMDEN,ME04843     		  PC PINNACLE SCHOLARSHIPS 25,000
    FRESHFARM
    945 G STREET NW
    WASHINGTON,DC20001     		  PC FOODPRINTS PROGRAM + 25,000
    GREEN MOUNTAIN CLUB
    4711 WATERBURY-STOWE RD
    WATERBURY CENTER,VT05677     		  PC LONG TRAIL STEWARDSHIP 2,500
    BERKSHIRE ENVIRONMENTAL ACTION TEAM
    29 HIGHLAND AVENUE
    PITTSFIELD,MA01201     		  PC GENERAL FUNDING 25,000
    THE ECOLOGY SCHOOL
    184 SIMPSON RD
    SACO,ME04072     		  PC CAPITAL CAMPAIGN, NEW CAMPUS 50,000
    HARVARD DIVINITY SCHOOL
    45 FRANCIS AVENUE
    CAMBRIDGE,MA02138     		  PC SUSTAINABLE PEACE INITIATIVE 500,000
    HAVERFORD COLLEGE
    370 LANCASTER AVE
    HAVERFORD,PA19041     		  PC CENTER FOR PEACE AND GLOBAL CITIZENSHIP 25,000
    NEW ENGLAND FORESTRY FOUNDATION
    PO BOX 1346
    LITTLETON,MA01460     		  PC BUILD IT WITH WOOD COMPAIGN 25,000
    THE PUTNEY SCHOOL
    418 HOUGHTON BROOK RD
    PUTNEY,VT05346     		  PC DIRECTORS DISCRETION 500,000
    SALVATION FARMS
    PO BOX 1174
    MORRISVILLE,VT05661     		  PC GENERAL FUNDING 20,000
    THE TELLING ROOM
    225 COMMERCIAL STREET SUITE 201
    PORTLAND,ME04101     		  PC YOUNG WRITERS AND LEADERS 50,000
    WATERKEEPER ALLIANCE
    180 MAIDEN LANE SUITE 603
    NEW YORK,NY10038     		  PC PURE FARMS, PURE WATERS 50,000
    SOUL FIRE FARM INSTITUTE
    1972 NY HIGHWAY 2
    PETERSBURG,NY12138     		  PC GENERAL FUNDING 10,000
    VERMONT FARMERS MARKET EDUCATION CENTER
    PO BOX 1008
    RUTLAND,VT05701     		  PC FARMACY 10,000
    HEALTH CARE WITHOUT HARM
    12110 SUNSET HILLS RD
    RESTON,VA20190     		  PC HEALTHY COMMUNITIES 25,000
    BERKSHIRE COMMUNITY RADIO ALLIANCE
    PO BOX 152
    GREAT BARRINGTON,MA01230     		  PC EQUIPMENT 5,000
    BOSTON CAMERATA
    PO BOX 120751
    BOSTON,MA02112     		  PC GENERAL FUNDING 1,000
    HOUSATONIC RIVER INITIATIVE
    PO BOX 321
    LENOX DALE,MA01242     		  PC GENERAL FUNDING 1,500
    OPERA LAFAYETTE
    921 PENNSYLVANIA AVE SE
    WASHINGTON,DC20016     		  PC GENERAL FUNDING 1,000
    ASSOCIATION FOR THE STUDY OF AFRICAN AMERICAN LIFE AND HISTORY
    301 RHODE ISLAND AVE SUITE 2204
    WASHINGTON,DC20001     		  PC GENERAL FUNDING 1,000
    PEN FAULKNER FOUNDATION
    201 EAST CAPITOL ST SE
    WASHINGTON,DC20003     		  PC GENERAL FUNDING 2,000
    AT HOME ALEXANDRIA
    3139 MT VERNON AVE
    ALEXANDRIA,VA22305     		  PC GENERAL FUNDING 1,000
    COMMUNITY LODGINGS
    607 NOTABENE DR 1
    ALEXANDRIA,VA22305     		  PC GENERAL FUNDING 1,000
    ANNA LYTTON FOUNDATION
    PO BOX 625
    AMAGANSETT,NY11930     		  PC GENERAL FUNDING 1,000
    THE POTOMAC CONSERVANCY
    8403 COLESVILLE RD STE 805
    SILVER SPRING,MD20910     		  PC GENERAL FUNDING 1,000
    LATIN AMERICAN YOUTH CENTER INC
    1419 COLUMBIA ROAD NW
    WASHINGTON,DC20009     		  PC GENERAL FUNDING 1,000
    THE GARDNER GROUP INC
    219 BRAGG HILL RD
    WESTMINSTER,MA01473     		  PC ON-SITE ACADEMY 5,000
    BERKSHIRE INTERNATIONAL FILM FESTIVAL
    PO BOX 237
    GREAT BARRINGTON,MA01230     		  PC ENVIRONMENTAL FILM PROGRAM 5,000
    THE CHATOOGA CONSERVANCY
    867 CHATOOGA RIDGE RD
    MOUNTAIN REST,SC29664     		  PC GENERAL FUNDING 4,000
    JAMES RIVER ASSOCIATION
    211ROCKETTS WAY SUITE 200
    RICHMOND,VA23231     		  PC GENERAL FUNDING 10,000
    GREENFIELD REVIEW LITERARY CENTER
    PO BOX 308
    GREENFIELD CENTER,NY12833     		  PC NDAKINNA EDUCATION CENTER 10,000
    Total .................................bullet 3a 2,154,000
    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 ...........     		    14 698  
    4 Dividends and interest from securities....     14 439,923  
    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.....     16 1,001,781  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 5,058,660  
    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 6,501,062 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    6,501,062
    (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 WHITEHEAD FOUNDATION INC
     
    Employer identification number

    47-4303914
    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 WHITEHEAD FOUNDATION INC
          		Employer identification number
    47-4303914
    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
    JOHN C WHITEHEAD ESTATE
     
    SULLIVAN CROMWELL 125 BROAD ST
     
    NEW YORK, NY10004

    		$ 503,173


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    JOHN C WHITEHEAD ESTATE
     
    SULLIVAN CROMWELL 125 BROAD ST
     
    NEW YORK, NY10004

    		$ 6,080,054


    (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 WHITEHEAD FOUNDATION INC
          		Employer identification number

    47-4303914
    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
    1
    		 NON-PUBLICLY TRADED STOCK $ 503,173 2020-07-01
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 LIMITED PARTNERSHIP INTERESTS $ 6,080,054 2020-07-01
    (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 WHITEHEAD FOUNDATION INC
          		Employer identification number

    47-4303914
    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 WHITEHEAD FOUNDATION INC
    EIN:
    47-4303914
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MEYERS BROTHERS KALICKA PC 9,260 4,630   4,630

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE WHITEHEAD FOUNDATION INC
    EIN:
    47-4303914
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ASTRAZENECA FIN LLC NT 1.200% 05/28/26 B/E DTD 05/28/21 CLB 249,685 249,220
    BOEING CO SR NT 2.700% 02/01/27 B/E DTD 07/31/19 CLB 152,414 155,121
    BOEING CO SR NT 2.700% 02/01/27 B/E DTD 07/31/19 CLB 102,823 103,414
    JOHNSON & JOHNSON NT 1.300% 09/01/30 B/E DTD 08/25/20 CLB 237,150 242,763
    SOUTHWEST AIRLS CO NT 5.125% 06/15/27 B/E DTD 06/08/20 CLB 172,025 176,724
    SOUTHWEST AIRLS CO NT 5.125% 06/15/27 B/E DTD 06/08/20 CLB 116,472 117,816
    MARRIOTT INTL INC NEW FXD RT NT SER R 3.125% 06/15/26 B/E DTD 06/10/16 CLB 156,872 159,332
    MARRIOTT INTL INC NEW FXD RT NT SER R 3.125% 06/15/26 B/E DTD 06/10/16 CLB 105,870 106,221
    MGM RESORTS INTL SR NT 4.750% 10/15/28 B/E DTD 10/13/20 CLB 157,596 159,375
    M / I HOMES INC SR NT 4.950% 02/01/28 B/E DTD 01/22/20 CLB 262,319 260,813
    NASDAQ INC SR NT 1.650% 01/15/31 B/E DTD 12/21/20 CLB 231,268 236,445
    NASDAQ INC SR NT 1.650% 01/15/31 B/E DTD 12/21/20 CLB 93,503 94,578
    PERRIGO FINANCE UNLIMITED COMPANY ISIN#US71429MAC91 0.000% 06/15/30 B/E DTD 249,028 255,713
    REGENERON PHARMACEUTICALS INC SR NT 1.750% 09/15/30 B/E DTD 08/12/20 CLB 138,035 142,289
    SVB FINL GROUP SR NT 2.100% 05/15/28 B/E DTD 05/13/21 CLB 249,708 253,783
    SYSCO CORP GTD FXD RT SR NT 3.300% 07/15/26 B/E DTD 04/01/16 CLB 161,867 163,100
    ZIMMER BIOMET HLDGS INC NT 3.550% 03/20/30 B/E DTD 03/20/20 CLB 160,040 164,340

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE WHITEHEAD FOUNDATION INC
    EIN:
    47-4303914
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALLISON TRANSMISSION HLDGS INC COM 956,551 906,072
    ALPHABET INC CL A 417,663 488,358
    BERKSHIRE HATHAWAY INC DEL CL B NEW 377,544 416,880
    CDK GLOBAL INC COM 363,388 357,768
    CITIGROUP INC COM NEW ISIN#US1729674242 960,361 955,125
    COMCAST CORP CL A 750,577 786,876
    CUSHMAN & WAKEFIELD PLC REGISTERED SHS ISIN#GB00BFZ4N465 750,149 794,885
    DISNEY WALT CO DISNEY COM 373,474 386,694
    FISERV INC COM 931,932 887,187
    GOHEALTH INC CL A 717,576 706,230
    HUMANA INC COM 703,633 752,624
    LEAR CORP COM NEW 744,432 753,704
    LIBERTY BROADBAND CORP COM SER C 997,327 1,109,692
    LIVANOVA PLC SHS ISIN#GB00BYMT0J19 374,409 412,139
    MANPOWER GROUP COM 367,148 439,967
    NETFLIX INC COM 977,268 990,394
    REGENERON PHARMACEUTICALS INC 762,228 893,664
    REYNOLDS CONSUMER PRODS INC COM 368,157 373,305
    SALESFORCE.COM INC COM STOCK 940,495 1,074,788
    SEALED AIR CORP NEW COM 371,285 485,850
    SPROTT PHYSICAL GOLD & SILVER TR TR UNIT ISIN#CA85208R1010 1,481,765 2,207,976
    THOR INDS INC 956,173 983,100
    WELLS FARGO & CO NEW COM 735,996 846,923
    WHEATON PRECIOUS METALS CORP ISIN#CA9628791027 764,089 695,865
    WORKDAY INC CL A 388,089 405,858
    VENLY INC 40 40
    WELLTOK INC 421,533 421,533
    XYLECO INC 81,600 81,600

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    THE WHITEHEAD FOUNDATION INC
    EIN:
    47-4303914
    US Government Securities - End of Year Book Value:

    3,958,730
    US Government Securities - End of Year Fair Market Value:

    3,956,945
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE WHITEHEAD FOUNDATION INC
    EIN:
    47-4303914
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PETRUS FREEZER INVESTORS LLC AT COST 0 775,000
    AEA INVESTORS 2006 QP PARTICIPANT FUND AT COST 523,446 150,717
    AETOS CAPITAL ASIA II LTD AT COST 0 21,072
    MUIRFIELD CAPITAL PARTNERS LP AT COST 0 33,265
    PETRUS CROWN WEST INVESTORS LLC AT COST 5,727,944 4,800,000
    PETRUS INVESTORS 2005 LP AT COST 616,174 10,000

    TY 2020 LegalFeesSchedule
    Name:
    THE WHITEHEAD FOUNDATION INC
    EIN:
    47-4303914
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HURWIT & ASSOCIATES 1,304 0   1,304


    TY 2020 OtherDecreasesSchedule
    Name:
    THE WHITEHEAD FOUNDATION INC
    EIN:
    47-4303914
    Description Amount
    UNREALIZED GAIN: DONATED INVESTMENTS 426,153


    TY 2020 OtherExpensesSchedule
    Name:
    THE WHITEHEAD FOUNDATION INC
    EIN:
    47-4303914
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 1,235 0   1,235
    STATE FILING FEES 1,000 0   1,000
    POST OFFICE BOX FEE 234 0   234
    SOFTWARE SUBSCRIPTION 80 0   80
    FROM K-1: AEA INVESTORS 2006 QP PARTICIPANT FD, INVESTMENT EXPENSES 806 806   0
    FROM K-1: AETOS CAPITAL ASIA II LTD, INVESTMENT EXPENSES 1,062 1,062   0
    FROM K-1: MUIRFIELD CAPITAL PARTNERS LP, INVESTMENT EXPENSES 728 728   0
    FROM K-1: PETRUS CROWN WEST INVESTORS, LLC, INVESTMENT EXPENSES 819 819   0
    FROM K-1: PETRUS CROWN WEST INVESTORS, LLC, OTHER EXPENSES 43 0   0
    FROM K-1: AEA INVESTORS 2006 QP PARTICIPANT FD, NET RENTAL LOSS 19 19   0
    FROM K-1: PETRUS FREEZER INVESTORS LLC, NET RENTAL LOSS 209,384 209,384   0
    FROM K-1: PETRUS CROWN WEST INVESTORS UBI 277,829 0   0
    FIDELITY ACCOUNT FEES 157 157   0


    TY 2020 OtherIncomeSchedule2
    Name:
    THE WHITEHEAD FOUNDATION INC
    EIN:
    47-4303914
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FROM K-1: PETRUS INVESTORS 2005 LP, NET REAL ESTATE RENTAL INCOME 74,951 74,970 74,951
    FROM K-1: PETRUS CROWN WEST INVESTORS LLC, NET REAL ESTATE RENTAL INCOME 926,830 926,830 926,830


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE WHITEHEAD FOUNDATION INC
    EIN:
    47-4303914
    Description Beginning of Year - Book Value End of Year - Book Value
    PETRUS FREEZER INVESTORS LLC NEGATIVE CAPITAL ACCOUNT 0 1,012,286
    AETOS CAPITAL ASIA II LTD NEGATIVE CAPITAL ACCOUNT 0 19,655
    MUIRFIELD CAPITAL PARTNERS LP NEGATIVE CAPITAL ACCOUNT 0 473,201


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE WHITEHEAD FOUNDATION INC
    EIN:
    47-4303914
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ATHENA CAPITAL ADVISORS 108,831 108,831   0
    PARAMETRIC PORTFOLIO ASSOCIATES 5,021 5,021   0
    HARRIS ASSOCIATES 61,960 61,960   0
    BRECKINRIDGE CAPITAL ADVISORS 13,000 13,000   0
    ARISTOTLE CREDIT PARTNERS 2,184 2,184   0


    TY 2020 TaxesSchedule
    Name:
    THE WHITEHEAD FOUNDATION INC
    EIN:
    47-4303914
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX WITHHELD 2,768 2,768   0
    FEDERAL ESTIMATE TAXES PAID 9,360 0   0
    6/30/2020 FEDERAL TAX DUE 5,503 0   0