Form990-PF
Click to see list of attachments

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
HM AND PEARL KYLE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)514 JUANITA DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FLORENCE, SC29501
A Employer identification number

57-0786826
B Telephone number (see instructions)

(843) 662-6236
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$2,840,451J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 26 26 26
4 Dividends and interest from securities... 36,315 36,315 36,315
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 39,337
b Gross sales price for all assets on line 6a 540,758
7 Capital gain net income (from Part IV, line 2)... 39,337
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 4,838    
12 Total. Add lines 1 through 11........ 80,516 75,678 36,341
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 11,500   5,750 5,750
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,075   1,075  
c Other professional fees (attach schedule).... Click to see attachment 16,879 16,879    
17 Interest............... 12 12    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,386 585 1,801  
19 Depreciation (attach schedule) and depletion... Click to see attachment 3,465    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,426     1,426
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 20,229   2,499  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 56,972 17,476 11,125 7,176
25 Contributions, gifts, grants paid....... 51,000 51,000
26 Total expenses and disbursements. Add lines 24 and 25 107,972 17,476 11,125 58,176
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -27,456
b Net investment income (if negative, enter -0-) 58,202
c Adjusted net income (if negative, enter -0-)... 25,216
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............. 54,237 61,410 61,410
2 Savings and temporary cash investments......... 26,121 33,847 33,847
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)      
b Investments—corporate stock (attach schedule)....... 596,391 Click to see attachment834,057 834,057
c Investments—corporate bonds (attach schedule)....... 205,401 Click to see attachment135,064 135,064
11 Investments—land, buildings, and equipment: basis bullet147,721
Less: accumulated depreciation (attach schedule) bullet72,831 78,355 Click to see attachment74,890 150,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,307,498 Click to see attachment1,604,488 1,604,488
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment20,587 Click to see attachment21,620 Click to see attachment21,585
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,288,590 2,765,376 2,840,451
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)    
23 Total liabilities (add lines 17 through 22).........   0
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........ 2,288,590 2,765,376
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)..... 2,288,590 2,765,376
30 Total liabilities and net assets/fund balances (see instructions). 2,288,590 2,765,376
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
2,288,590
2
Enter amount from Part I, line 27a .....................
2
-27,456
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
504,366
4
Add lines 1, 2, and 3 ..........................
4
2,765,500
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
124
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,765,376
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 31 FIRST TRUST ETF P 2019-09-12 2020-01-09
b 2554 FIRST TRUST ETF P 2019-09-12 2020-03-16
c 35 FIRST TRST HLTH CAREETF P 2020-03-16 2020-12-21
d 34 FIRST TRUST ETF UTILITIES P 2019-04-24 2020-01-09
e 90 FIRST TRUST ETF UTILITIES P 2019-04-24 2020-03-16
4 ISHARES IBOXX P 2019-09-12 2020-01-09
65 ISHARES IBOXX $ YEILDET P 2019-09-12 2020-03-16
3 ISHARES 20+ YEAR P 2019-09-12 2020-01-09
293 ISHARES 20+YEAR TREASURY BOND P 2019-09-12 2020-03-16
4 ISHARESNATIONAL ETF P 2019-09-12 2020-01-09
77 ISAHRES NATIONAL ETF P 2019-09-12 2020-03-16
21 ISHARES TR ETF P 2020-03-16 2020-12-21
3 10-20 YEAR TREASURY BOND P 2019-09-12 2020-01-09
278 10-20 YEAR TREASURY BOND P 2019-09-12 2020-03-16
7 ISHARES CORE 10 + YR P 2019-09-12 2020-01-09
153 ISHARES CORE 10+ YR P 2019-09-12 2020-03-16
19 ISHARES 10+ YR P 2020-03-16 2020-12-21
11 SPDR S&P SOFTWARE P 2020-03-16 2020-12-21
6 SELECT SECTOR SPDR P 2019-09-12 2020-01-09
85 SELECT SECTOR SPDR P 2019-09-12 2020-03-16
7 FIRST TRUST DOW JONE EFT P 2016-03-01 2020-01-09
25 FIRST TRUST DOW JONE EFT P 2016-03-01 2020-03-16
21 FIRST TRUST DOW JONE EFT P 2016-03-01 2020-12-21
11 FIRST TRUST NASDAQ 100ETF P 2016-11-09 2020-01-09
98 FIRST TRUST NASDAQ 100ETF P 2016-11-09 2020-03-16
31 FIRST TRUST NASDAQ 100ETF P 2016-11-09 2020-12-21
15 FIRST TRUST TECHNLGY ETF P 2017-11-09 2020-01-09
52 FIRST TRUST TECHNLGY ETF P 2017-11-09 2020-03-16
45 FIRST TRUST TECHNLGY ETF P 2017-11-09 2020-12-21
102 FIRST TRUST ETF UTILITIES P 2019-04-24 2020-12-21
32 FIRST TR DORSEY ETF` P 2017-06-09 2020-01-09
116 FIRST TR DORSEY ETF` P 2017-06-09 2020-12-21
5 ISHARES SELECT DIVIDEND P 2016-01-20 2020-01-09
18 ISHARES SELECT DIVIDEND P 2016-01-20 2020-12-21
10 ISHARES IBOXX $ YEILDET P 2019-09-12 2020-12-21
9 ISHARES MSCI EAFE INDEX P 2017-02-14 2020-01-09
31 ISHARES MSCI EAFE INDEX P 2017-02-14 2020-12-21
9 ISHARES ETF GLOBAL TIMBER P 2016-12-19 2020-01-09
30 ISAHRES ETF GLOBAL TIMBER P 2016-12-29 2020-12-21
10 ISHARES NATIONAL ETF MUNI BOND P 2019-09-12 2020-12-21
14 ISHARES ETF INTL DEVELOPED POPERT P 2018-04-04 2020-01-09
48 ISHARES ETF INTL DEVELOPER P 2018-04-04 2020-12-21
17 ISHARES CORE 10+ YR P 2019-09-12 2020-12-21
2 SPDR S&P 500 TRUST P 2017-02-14 2020-01-09
12 SPDR S&P 500 TRUST P 2017-02-14 2020-03-16
6 SPDR S&P 500 TRUST P 2017-02-14 2020-12-21
6 SPDR S&P CHINA P 2018-06-20 2020-01-09
78 SPDR S&P CHINA P 2018-06-20 2020-03-16
17 SPDR S&P CHINA P 2018-06-20 2020-12-21
5 SPDR NYSE TECHNOLOGY ETF P 2016-03-09 2020-01-09
70 SPDR NYSE TECHNOLOGY ETF P 2016-03-09 2020-03-16
13 SPDR NYSE TECHNOLOGY ETF P 2016-03-09 2020-12-21
4 SPDR S&P HEALTH CARE P 2018-11-21 2020-01-09
53 SPDR S&P HEALTH CARE P 2018-11-21 2020-03-16
13 SPDR S&P HEALTH CARE P 2018-11-21 2020-12-21
3 SPDR S&P AEROSPACE & ETF DEFENSE P 2016-03-09 2020-01-09
11 SPDR S&P AEROSPACE & ETF DEFENSE P 2016-03-09 2020-12-21
11 SPDR S&P INSURANCE P 2016-03-09 2020-01-09
35 SPDR S&P INSURANCE P 2016-03-09 2020-12-21
4 SPDR S&P SEMICONDCTR P 2016-08-03 2020-01-09
21 SPDR S&P SEMICONDCTR P 2016-08-03 2020-03-16
12 SPDR S&P SEMICONDCTR P 2016-08-03 2020-12-21
4 SELECT SECTOR SPDR CONSUMER DISCRETIONAR P 2016-03-09 2020-01-09
67 SELECT SECTOR SPDR EFT P 2016-03-09 2020-03-16
10 SELECT SECTOR SPDR CONSUMER DISCRETIONAR P 2016-03-09 2020-12-21
3 SELECT SECTOR SPDR CONSUMER DISCRETIONAR P 2016-03-09 2020-01-09
9 SELECT SECTOR SPDR CONSUMER DISCRETIONAR P 2016-03-09 2020-12-21
13 SELECT SECTOR SPDR CONSUMER DISCRETIONAR P 2016-11-23 2020-01-09
49 SELECT SECTOR SPDR P 2016-11-23 2020-03-16
41 SELECT SECTOR SPDR CONSUMER DISCRETIONAR P 2016-11-23 2020-12-21
4 INDUSTRIAL SELECT SECTOR SPDR P 2016-03-09 2020-01-09
20 INDUSTRIAL SELECT SECTOR SPDR P 2016-03-09 2020-03-16
14 INDUSTRIAL SELECT SECTOR SPDR P 2016-03-09 2020-12-21
4 SECTOR SPDR TECHNOLOGY SELECT SECTOR P 2016-03-09 2020-01-09
97 SECTOR SPDR TECHNOLOGY SELECT SECTOR P 2016-03-09 2020-03-16
11 SECTOR SPDR TECHNOLOGY SELECT SECTOR P 2016-03-09 2020-12-21
7 SELECT SECTOR SPDR CONSUMER DISCRETIONAR P 2018-11-21 2020-01-09
94 SELECT SECTOR SPDR CONSUMER DISCRETIONAR P 2018-11-21 2020-03-16
20 SELECT SECTOR SPDR CONSUMER DISCRETIONAR P 2018-11-21 2020-12-21
15 SELECT SECTOR SPDR CONSUMER DISCRETIONAR P 2019-09-12 2020-12-21
300 BEYOND MEAT INC P 2020-04-23 2020-07-10
100 BOEING CO P 2020-12-31 2020-02-28
500 LYFT INC P 2019-09-10 2020-03-10
1400 NEW MOUNTAIN FINANCE CRP P 2019-05-28 2020-03-10
600 AT&T INC P 2000-12-31 2020-06-24
400 ABBVIE INC P 2019-06-26 2020-10-26
5 AMAZON COM INC P 2015-11-04 2020-12-23
115 CONSTELLATION BRANDS P 2019-02-12 2020-10-26
150 CROWN CASTLE P 2019-06-27 2020-11-19
125 GENERAC HOLDINGS INC P 2019-07-30 2020-08-31
(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 1,038   998 40
b 54,478   82,188 -27,710
c 3,727   2,374 1,353
d 985   960 25
e 2,105   2,542 -437
510   504 6
7,826   8,191 -365
408   420 -12
48,238   41,016 7,222
458   455 3
8,485   8,760 -275
1,289   1,165 124
433   442 -9
46,369   40,974 5,395
478   478  
10,748   10,441 307
1,372   1,179 193
1,685   806 879
385   381 4
4,472   5,395 -923
1,013   466 547
2,770   1,664 1,106
4,555   1,398 3,157
1,140   557 583
7,562   4,965 2,597
4,270   1,571 2,699
1,121   776 345
2,763   2,690 73
5,061   2,328 2,733
2,810   2,881 -71
685   636 49
2,519   2,304 215
525   354 171
1,694   1,275 419
1,369   1,260 109
627   541 86
2,222   1,864 358
595   483 112
2,362   1,611 751
1,170   1,138 32
539   548 -9
1,660   1,878 -218
1,289   1,160 129
653   465 188
2,948   2,790 158
2,207   1,395 812
634   660 -26
6,599   8,581 -1,982
2,190   1,870 320
426   251 175
4,654   3,510 1,144
1,832   652 1,180
348   299 49
3,351   3,958 -607
1,459   971 488
344   152 192
1,233   556 677
392   245 147
1,153   780 373
436   195 241
1,551   1,022 529
1,990   584 1,406
412   268 144
5,621   4,493 1,128
1,112   671 441
382   227 155
1,428   682 746
402   290 112
995   1,094 -99
1,179   915 264
333   214 119
1,141   1,068 73
1,233   747 486
378   169 209
7,317   4,095 3,222
1,406   464 942
388   306 82
3,945   4,113 -168
1,329   875 454
911   952 -41
39,530   28,792 10,738
26,735   36,474 -9,739
15,381   23,318 -7,937
15,700   20,038 -4,338
17,440   18,040 -600
32,559   27,648 4,911
15,627   3,213 12,414
19,697   20,299 -602
24,710   19,709 5,001
23,257   9,294 13,963
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       40
b       -27,710
c       1,353
d       25
e       -437
      6
      -365
      -12
      7,222
      3
      -275
      124
      -9
      5,395
       
      307
      193
      879
      4
      -923
      547
      1,106
      3,157
      583
      2,597
      2,699
      345
      73
      2,733
      -71
      49
      215
      171
      419
      109
      86
      358
      112
      751
      32
      -9
      -218
      129
      188
      158
      812
      -26
      -1,982
      320
      175
      1,144
      1,180
      49
      -607
      488
      192
      677
      147
      373
      241
      529
      1,406
      144
      1,128
      441
      155
      746
      112
      -99
      264
      119
      73
      486
      209
      3,222
      942
      82
      -168
      454
      -41
      10,738
      -9,739
      -7,937
      -4,338
      -600
      4,911
      12,414
      -602
      5,001
      13,963
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 39,337
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 -25,456
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................................ 1 809
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........................... 3 809
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- ..... 5 809
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 17
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 826
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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
     
    No
    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)
    bullet
    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 addressbulletN/A
    14
    The books are in care ofbulletBERTIE S PERMENTER Telephone no.bullet (843) 662-6236

    Located atbullet514 JUANITA DRIVEFLORENCESC ZIP+4bullet295015724
    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
    GARY W CRAWFORD TRUSTEE PRES
    10.00     		5,500    
    510 S COIT ST
    FLORENCE,SC29501
    PRESTON B HUNTLEY JR Trustee
    2.00     		0    
    312 POWE ST
    CHERAW,SC29520
    JAMES H KYLE III Trustee
    8.00     		0    
    112 DOBBIN AVE
    FAYETTEVILLE,NC28305
    INGRAM PARMLEY TRUSTEE-VICE PR
    8.00     		0    
    11 WAKEFIELD DR
    ASHEVILLE,NC28803
    BERTIE S PERMENTER TRUSTEE SEC/TRE
    10.00     		6,000    
    514 JUANITA DRIVE
    FLORENCE,SC29501
    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  
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    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 HOUSE OF HOPE OF THE PEE DEE:ASSIST HOMELESS AND OTHER NEEDY INDIVIDUALS WITH HOUSING, FOOD, EDUCATION/TRAINING, MINISTRY & FELLOWSHIP 0
    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.........................bullet  
    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
    2,160,967
    b
    Average of monthly cash balances.......................
    1b
    71,707
    c
    Fair market value of all other assets (see instructions)................
    1c
    170,195
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,402,869
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,402,869
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    68,000
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,334,869
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    116,743
    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
    116,743
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    809
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    809
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    115,934
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    115,934
    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
    115,934
    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
    58,176
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    58,176
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    58,176
    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 7 115,934
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 51,620
    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$ 58,176
    a Applied to 2019, but not more than line 2a 51,620
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 6,556
    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 ..........     		109,378
    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
     
    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
    WEST FLORENCE ROTARY
    PO BOX 4832
    FLORENCE,SC29502     		NONE PC ASSIST IN LOCAL NEEDS 1,000
    THE CARE CLINIC
    239 ROBESON ST
    FAYETTEVILLE,NC28301     		NONE PC PROVIDE FREE, QUALITY MEDICAL CARE TO ELIGIBLE UNINSURED, LOW INCOME ADULTS IN CUMBERLAND COUNTY AND SURROUNDING AREAS. 5,000
    HELP 4 KIDS
    252 S DARGAN ST
    FLORENCE,SC29506     		NONE PC ASSIST WITH PROVIDING FOOD FOR NEEDY FLORENCE COUNTY ELEMENTARY SCHOOL CHILDREN 7,500
    COASTAL DISCOVERY MUSEUM
    70 HONEY HORN DR
    HILTON HEAD ISLAND,SC29926     		NONE PC LEARNING CENTER FOR CHILDREN 5,000
    LIGHTHOUSE MINISTRIES
    1416 W EVANS ST
    FLORENCE,SC29501     		NONE PC VARIOUS ASSISTANCE TO FLORENCE COUNTY FAMILIES IN FINANCIAL CRISIS 5,000
    PACE ACADEMY
    6015 N MAIN ST
    COLUMBIA,SC29203     		NONE PC EDUCATION OF CHILDREN - CHARTER SCHOOL 3,000
    UPSTATE CAROLINA ADAPTIVE GOLF
    25 LOUISE AVENUE
    GREENVILLE,SC29617     		NONE PC GOLF OPPORTUNITIES TO VETERANS, IDVLS RECOVERING FROM PHYSICAL & MENTAL TRAUMA AND CHILDREN/ADULTS WITH SPECIAL NEEDS 2,500
    SC DANCE THEATRE
    1810 2ND LOOP ROAD B
    FLORENCE,SC29501     		NONE PC DANCE COMPANY ORGANIZED TO ENRICH THE CULTURAL ENVIRONMENT OF THE PEE DEE REGION OF SC 10,000
    ST JOHN'S EPISCOPAL CHURCH
    252 S DARGAN ST
    FLORENCE,SC29501     		NONE PC ASSIST RELIGIOUS BENEFITS TO THE COMMUNITY 12,000
    Total .................................bullet 3a 51,000
    bApproved for future payment
    Total .................................bullet 3b  
    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 26  
    4 Dividends and interest from securities....     14 36,315  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property..... 531110 -12,976      
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 90  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        39,337
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aSCH K-1,L1: ENVIVA PTRS     		900099 -3,291      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -16,267 36,251 39,337
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    59,321
    (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: 20011551
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    HM AND PEARL KYLE FOUNDATION INC
    EIN:
    57-0786826
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    actg 1,075 0 1,075 0

    TY 2020 CashDeemedCharitableExplnStmt
    Name:
    HM AND PEARL KYLE FOUNDATION INC
    EIN:
    57-0786826
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Explanation:
    CASH DEEMED HELD FOR CHARITABLE ACTIVITIES:UNIVERSITY OF NC - WILMINGTON $ 2500.00FRANCIS MARION UNIVERSITY 2500.00DIOCESE FOR EAST CAROLINA 3000.00DIOCESE FOR SOUTH CAROLINA 3000.00ANNUAL SMALL CHARITIES (BENEFACTOR'S REQUEST) 2000.00ANNUAL TRUSTEE'S DISCRETIONARY DONATIONS 5000.00ANNUAL OPERATING EXPENSES 50000.00TOTAL $68000.00

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    HM AND PEARL KYLE FOUNDATION INC
    EIN:
    57-0786826
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    COTTAGE 2000-07-21 86,297 58,570 SL 26.2000 3,294      
    WATER HEATER 2013-05-28 730 401 SL 12.0000 61      
    WASHER & DRYER 2013-09-23 986 687 SL 9.0000 110      

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    HM AND PEARL KYLE FOUNDATION INC
    EIN:
    57-0786826
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ISHARES 10+ INVESTMENT GRADE CORP BOND 35,634 35,634
    ISHARES 10-20 YR TREASURY BOND    
    ISHARES 20+ YEAR TREAS BOND    
    ISHARES CORE 10+ USD BOND 32,784 32,784
    ISHARES IBOXX & INV GRADE CORP BD 34,533 34,533
    ISHARES NATIONAL MUNI BOND 32,113 32,113

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    HM AND PEARL KYLE FOUNDATION INC
    EIN:
    57-0786826
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BANK OF AMERICA CORP 25,764 25,764
    MERCK & CO INC NW    
    AMAZON COM INC 179,131 179,131
    FACEBOOK INC CLASS A    
    CISCO SYSTEMS    
    PFIZER INCORPORATED    
    APPLE INC    
    ARES CAPITAL CORP 79,383 79,383
    CHARTWELL FDS SMALL CAP VALUE FD 14,629 14,629
    PHILLIP MORRIS INTERNATIONAL INC    
    ABBVIE INC    
    ANAVEX LIFE SCIENCES CORP 108,000 108,000
    AT&T INC    
    BOEING CO    
    CONSTELLATION BRANDS INC    
    CROWN CASTLE INTERNATIONAL CORP 23,879 23,879
    ENVIVA PARTNERS 45,420 45,420
    GENERIC HOLDINGS INC 85,279 85,279
    JOHNSON & JOHNSON 31,476 31,476
    LYFT INC    
    MICROSOFT CORP 61,166 61,166
    NEW MOUNTAIN FINANCE CRP    
    JPMORGAN CHASE 38,121 38,121
    LOWES COMPANIES 44,140 44,140
    NIO INC 24,370 24,370
    SQUARE INC A 30,469 30,469
    XPENG INC 42,830 42,830

    TY 2020 InvestmentsLandSchedule2
    Name:
    HM AND PEARL KYLE FOUNDATION INC
    EIN:
    57-0786826
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 7,728 7,728   1,955
    Machinery and Equipment 3,696 3,239 457 3,045
    Buildings 86,297 61,864 24,433 95,000
    Land 50,000   50,000 50,000

    TY 2020 InvestmentsOtherSchedule2
    Name:
    HM AND PEARL KYLE FOUNDATION INC
    EIN:
    57-0786826
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FIRST TRUST DOW JONES INTERNET INDEX FD FMV 114,392 114,392
    VANGUARD TOTAL STOCK MARKET ETF FMV 24,913 24,913
    BERWYN FD INC COM FMV    
    JAMES BALANCED GOLDEN RAINDOW FD FMV 27,297 27,297
    FIRST TRUST NASDAQ FMV 107,142 107,142
    INDUSTRIAL SELECT FMV 32,498 32,498
    ISHARES IBOXX FMV    
    ISHARES JP MORGAN FMV    
    ISHARE SELECT DIVIDEND FMV 44,050 44,050
    SECTOR SPDR-TECHNOLOGY SELECT FMV 36,146 36,146
    SELECT SECTOR-UTILITIES FMV 24,892 24,892
    SELECT SECTOR-TR FIN FMV 30,423 30,423
    SELECT SECTOR-HEALTH CARE FMV 30,288 30,288
    SELECT SECTOR-CONSUMER DISC FMV 39,552 39,552
    SPDR -NYSE TECHNOLOGY FMV 47,635 47,635
    SPDR S&P TRANSPORTATION FMV    
    SPDR S&P AEROSPACE FMV 33,963 33,963
    SPDR S&P BANK FMV    
    SPDR S&P BOITECH FMV    
    SPDR S&P INSURANCE FMV 29,282 29,282
    SPDR S&P OIL EQPT FMV    
    SPDR S&P SOFTWARE & ETF SERV FMV 44,535 44,535
    SPDR S&P SEMICONDCTR FMV 51,746 51,746
    WISDOMTREE TRUST FMV    
    FIRST TRUST INDUSTRIAL FMV    
    ISHARES GLOBAL TIMBER FMV 60,193 60,193
    BLACKROCK SCIENCE & TECH FMV 45,475 45,475
    FIRST TR DORSEY WRIGHT INTL FMV 64,327 64,327
    FIRST TR EXCHANGE FMV    
    FIRST TRUST TECHNOLOGY FMV 126,133 126,133
    ISHARES INTERNATIONAL HIGH YIELD FMV    
    ISHARES MSCI EAFE INDEX FMV 57,565 57,565
    SPDR S&P 500 TRUST FMV 56,829 56,829
    FIRST TRST HLTH CARE ETF FMV 94,739 94,739
    FIRST TRUST NYSE ARCA BIOTEC FMV    
    ISHARES ETF INTL DEVELOPED PROPERTY FMV 43,434 43,434
    ISHARES INTERMEDIATE TERM CR BD FMV 33,490 33,490
    SELECT SECTOR-COMMUNICATION SVCS FMV 33,673 33,673
    SPDR S&P CHINA FMV 57,813 57,813
    SPDR S&P-HEALTH CARE EQPT FMV 37,453 37,453
    SPDR S&P-HEALTH CARE SERVICES FMV    
    FIRST TR DORSEY WRIGHT FOCUS FIVE FUND FMV 32,983 32,983
    INSULET CORP PODD FMV 51,126 51,126
    FIRST TRUST FINANCIAL ALPHA FUND FMV    
    FIRST TRUST UTILITIES ALPHA FUND FMV 72,710 72,710
    ETSY INC FMV 17,791 17,791

    TY 2020 OtherAssetsSchedule
    Name:
    HM AND PEARL KYLE FOUNDATION INC
    EIN:
    57-0786826
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE 502 250 250
    EP BAL TSFR   1,285  
    INITIAL FEE (WACHESAW PLANTATION) 20,000 20,000 20,000
    SWEEP BAL TSFR     1,285
    Utility Deposits 85 85 50


    TY 2020 OtherDecreasesSchedule
    Name:
    HM AND PEARL KYLE FOUNDATION INC
    EIN:
    57-0786826
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    SCH K-1: ENVIVA PARTNERS (INT INC) 124


    TY 2020 OtherExpensesSchedule
    Name:
    HM AND PEARL KYLE FOUNDATION INC
    EIN:
    57-0786826
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BOX RENTAL 254   254  
    INSURANCE 2,055   2,055  
    MISC EXPENSES 190   190  
    Rental Expenses 17,730      


    TY 2020 OtherIncomeSchedule2
    Name:
    HM AND PEARL KYLE FOUNDATION INC
    EIN:
    57-0786826
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income -90    
    Rental Income - Noninvestment Property 8,219    
    SCH K-1,L1: ENVIVA PTRS -3,291    


    TY 2020 OtherIncreasesSchedule
    Name:
    HM AND PEARL KYLE FOUNDATION INC
    EIN:
    57-0786826
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    RETURN OF CAPITAL (ENVIVA PARTNERS) 2,895
    SCH K-1: ENVIVA PARTNERS (NET SECTION 1231 LOSS) 214
    SCH K-1: ENVIVA PARTNERS (ORDINARY LOSS) 3,291


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    HM AND PEARL KYLE FOUNDATION INC
    EIN:
    57-0786826
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 16,879 16,879 0 0


    TY 2020 TaxesSchedule
    Name:
    HM AND PEARL KYLE FOUNDATION INC
    EIN:
    57-0786826
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF 1,801   1,801  
    FOREIGN TAXES (INVESTMENT) 585 585