Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
Charles P Ferro Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)c/o Bonnie Ferro 88 Sunset Cliff
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Burlington, VT05408
A Employer identification number

22-3253710
B Telephone number (see instructions)

(802) 660-2765
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$5,710,794J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 105 105 0
4 Dividends and interest from securities... 80,771 80,771 0
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 146,243
b Gross sales price for all assets on line 6a 1,655,773
7 Capital gain net income (from Part IV, line 2)... 146,243
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)..... 0  
11 Other income (attach schedule)....... 0    
12 Total. Add lines 1 through 11........ 227,119 227,119 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 65,000 11,550   53,450
14 Other employee salaries and wages...... 0 0   0
15 Pension plans, employee benefits....... 0 0   0
16a Legal fees (attach schedule)......... 0      
b Accounting fees (attach schedule)....... Click to see attachment 2,495 1,248   1,247
c Other professional fees (attach schedule).... Click to see attachment 40,380 40,380   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,121 1,121   0
19 Depreciation (attach schedule) and depletion... 0    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 433 0   433
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 109,429 54,299   55,130
25 Contributions, gifts, grants paid....... 97,500 197,500
26 Total expenses and disbursements. Add lines 24 and 25 206,929 54,299   252,630
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 20,190
b Net investment income (if negative, enter -0-) 172,820
c Adjusted net income (if negative, enter -0-)... 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............. 0 0 0
2 Savings and temporary cash investments......... 91,812 116,451 116,451
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).....   0  
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet     0  
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)....... 4,497,147 Click to see attachment4,783,587 4,783,587
c Investments—corporate bonds (attach schedule)....... 807,590 Click to see attachment810,756 810,756
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   0  
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,396,549 5,710,794 5,710,794
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 300,000 200,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons   0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe bullet) 0 0
23 Total liabilities (add lines 17 through 22)......... 300,000 200,000
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........... 5,096,549 5,510,794
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........    
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)..... 5,096,549 5,510,794
30 Total liabilities and net assets/fund balances (see instructions). 5,396,549 5,710,794
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
5,096,549
2
Enter amount from Part I, line 27a .....................
2
20,190
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
394,055
4
Add lines 1, 2, and 3 ..........................
4
5,510,794
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,510,794
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 P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,655,773 0 1,509,530 146,243
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a 0 0 0 146,243
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 146,243
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 2,402
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 2,402
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 2,402
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,863
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Original Return Overpayment: -2863 7 2,863
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 461
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet461 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    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 ofbulletBonnie Ferro Telephone no.bullet (802) 660-2765

    Located atbullet88 Sunset CliffBurlingtonVT ZIP+4bullet05408
    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
    Bonnie Ferro Co-Executive Director
    3.00     		26,000 0 0
    88 Sunset Cliff
    Burlington,VT05408
    Marianne Ferro Co-Executive Director
    3.00     		26,000 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Vera Dosky Trustee
    1.50     		6,000 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Edward Friedhoff Trustee
    0.10     		1,000 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Jennifer Ferro Lessieu Trustee
    0.10     		1,000 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Marc Ferro Trustee
    0.10     		1,000 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Maren Ferro Tripolitsiotis Trustee
    0.10     		0 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Michael Hund Non-Voting Member
    0.10     		1,000 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Mollie Ferro Hart Non-Voting Member
    0.10     		1,000 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Will Hart Non-Voting Member
    0.10     		1,000 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Christopher Hund Non-Voting Member
    0.10     		1,000 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    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
    NONE
    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 Not Applicable 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 Not Applicable 0
    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
    5,036,646
    b
    Average of monthly cash balances.......................
    1b
    172,487
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,209,133
    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
    5,209,133
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    78,137
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,130,996
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    256,550
    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
    256,550
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,402
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    0
    c
    Add lines 2a and 2b............................
    2c
    2,402
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    254,148
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    254,148
    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
    254,148
    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
    252,630
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    252,630
    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
    252,630
    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 7 254,148
    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  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 3,611
    b From 2016...... 0
    c From 2017...... 726
    d From 2018...... 3,968
    e From 2019...... 15,338
    fTotal of lines 3a through e........ 23,643
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 252,630
    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..... 252,630
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (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 23,643
    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 ..........     		1,518
    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) ...     		3,611
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		20,032
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 726
    c Excess from 2018.... 3,968
    d Excess from 2019.... 15,338
    e Excess from 2020.... 0
    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).)
    None
    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.
    None
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Bonnie Ferro
    88 Sunset Cliff
    Burlington,VT05408
    (802) 660-2765
    bThe form in which applications should be submitted and information and materials they should include:
    Letter of request stating the organization's goals and objectives and the specific purpose of the grant which is sought.
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    None
    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
    Michael J Fox Foundation for Parkinson's Research
    1702 Adams Avenue
    Dunmore,PA18509     		  PC OperatingSupport 2,500
    Friends of Appalachia Inc
    35 Pilgrim Lane
    Trumbull,CT06611     		  PC OperatingSupport 5,000
    Tunnels to Towers Foundation
    2361 Hylan Boulevard
    Staten Island,NY10306     		  PC OperatingSupport 5,000
    The Hole in the Wall Gang Camp
    565 Ashford Center Road
    Ashford,CT06278     		  PC CabinRenovation 50,000
    The Hole in the Wall Gang Camp
    565 Ashford Center Road
    Ashford,CT06278     		  PC Hero'sJourney Program 50,000
    Nova Southeastern University
    3301 College Avenue
    Fort Lauderdale,FL33314     		  PC UniversityArt Museum 10,000
    City Green
    171 Grove Street
    Clifton,NJ07013     		  PC OperatingSupport 3,000
    New York Civil Liberties Union Foundation
    125 Broad Street 19th Floor
    New York,NY10004     		  PC OperatingSupport 3,000
    One Bead Project
    30 High Street
    Hudson,OH44236     		  PC OperatingSupport 1,000
    Shelburne Farms
    1611 Harbor Road
    Shelburne,VT05482     		  PC OperatingSupport 2,500
    The Epilepsy Foundation of Metropolitan NY
    65 Broadway Suite 505
    Landover,MD20785     		  PC OperatingSupport 1,000
    Vermont Parks Forever
    PO Box 815
    Montpelier,VT05601     		  PC OperatingSupport 1,400
    Push to Walk
    100 Bauer Drive
    Oakland,NJ07436     		  PC OperatingSupport 5,000
    Hunger Free Vermont
    38 Eastwood Drive Suite 100
    South Burlington,VT05403     		  PC OperatingSupport 2,500
    UMass Memorial Health Care Inc
    306 Belmont Street
    Worchester,MA01604     		  PC OperatingSupport 2,000
    Boys & Girls Club of Burlington
    62 Oak Street
    Burlington,VT05401     		  PC OperatingSupport 1,000
    Hope Health Hospice & Palliative
    1085 North Main Street
    Providence,RI02904     		  PC OperatingSupport 5,000
    350org
    179 South Winooski Avenue Suite 201
    Brooklyn,NY11201     		  PC OperatingSupport 2,000
    National Resources Defense Council
    40 West 20th Street
    New York,NY10011     		  PC OperatingSupport 2,000
    Brooklyn Community Bail Fund Inc
    195 Montague Street 14th Floor
    Brooklyn,NY11201     		  PC OperatingSupport 2,000
    Dog Tag Bakery
    3206 Grace Street NW
    Washington,DC20007     		  PC OperatingSupport 15,000
    Room at the Inn
    3415 Bridgeland Drive
    Bridgeton,MO63044     		  PC OperatingSupport 2,000
    Burlington City Arts Foundation
    135 Church Street
    Burlington,VT05401     		  PC OperatingSupport 600
    Freedom Service Dogs Inc
    7193 South Dillon Court
    Englewood,CO80112     		  PC Operating Support 1,000
    4 Paws for Ability Inc
    253 Dayton Avenue
    Xenia,OH45385     		  PC OperatingSupport 1,000
    Do it for Love Foundation
    360 Grand Avenue Suite 350
    Oakland,CA94610     		  PC OperatingSupport 5,000
    Kansas Rural Communities Foundation
    PO Box 396
    Womego,KS66547     		  PC OperatingSupport 2,000
    Changing Perspectives Inc
    PO Box 694
    Bradford,VT05033     		  PC OperatingSupport 1,500
    Children's Literacy Foundation
    15631 Loomis Hill Road
    Waterbury Center,VT05677     		  PC OperatingSupport 1,500
    Lake Champlain Community Sailing Center
    PO Box 64818
    Burlington,VT05406     		  PC OperatingSupport 5,000
    Kids Helping Kids Inc
    110 Lenox Avenue Suite 102
    Stamford,CT06906     		  PC OperatingSupport 5,000
    Ho-Ho-Kus Educational Foundation Inc
    PO Box 253
    Ho Ho Kus,NJ07423     		  PC OperatingSupport 1,000
    Hammer Museum Inc
    PO Box 702
    Haines,AK99827     		  PC OperatingSupport 1,000
    Total .................................bullet 3a 197,500
    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 ...........     		    14 105  
    4 Dividends and interest from securities....     14 80,771  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 146,243  
    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)..   227,119  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    227,119
    (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:  
    Part VI Line 7 -Original Return Overpayment: -2,863


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    Charles P Ferro Foundation
    EIN:
    22-3253710
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    VT CPA Firm Accounting Services 2,495 1,248   1,247

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

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    Charles P Ferro Foundation
    EIN:
    22-3253710
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Publicly Traded Securities   Purchased   Unrelated Third Parties 1,655,773 1,509,530 Cost 0 146,243 0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Charles P Ferro Foundation
    EIN:
    22-3253710
    Name of Bond End of Year Book Value End of Year Fair Market Value
    58,580.60sh Bernstein Intermediate Duration Portfolio 810,756 810,756

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Charles P Ferro Foundation
    EIN:
    22-3253710
    Name of Stock End of Year Book Value End of Year Fair Market Value
    2,374.65sh AB Discovery Value Fund 49,773 49,773
    3,621.94sh AB Discovery Growth Fund 56,031 56,031
    2,913.79sh AB Small Cap Core Portfolio Fund 38,287 38,287
    11sh Adobe Inc. 5,501 5,501
    164 Aecom 8,164 8,164
    24sh Alphabet Inc. 42,045 42,045
    9sh Amazon.com Inc. 29,312 29,312
    124sh American Campus Communities 5,304 5,304
    120sh American Electric Power Co Inc 9,992 9,992
    136sh Americold Realty Trust 5,077 5,077
    36sh Anthem Inc. 11,559 11,559
    288sh Apple Inc. 38,215 38,215
    45sh Automatic Data Processing Inc. 7,929 7,929
    9sh Autozone Inc. 10,669 10,669
    567sh Bank of America Corporation 17,186 17,186
    56sh Booz Allen Hamilton Holding 4,882 4,882
    48sh CDW Corporation 6,326 6,326
    68sh Chevron Corporation 5,743 5,743
    145sh Citigroup Inc. 8,941 8,941
    46sh Citrix Systems Inc. 5,985 5,985
    43sh CME Group Inc. 7,828 7,828
    337sh Comcast Corporation 17,659 17,659
    13sh Costco Wholesale Corporation 4,898 4,898
    107sh CSX Corporation 9,710 9,710
    22sh Deckers Outdoor Corporation 6,309 6,309
    87sh Eaton Corporation Plc 10,452 10,452
    101sh Edwards Lifesciences Corporation 9,214 9,214
    94sh Electronic Arts Inc. 13,498 13,498
    112sh EOG Res Inc. 5,585 5,585
    107sh Facebook Inc 29,228 29,228
    148sh Genpact Limited 6,121 6,121
    53sh Goldman Sachs Group Inc. 13,977 13,977
    70sh Home Depot Inc. 18,593 18,593
    54sh Honeywell International Inc. 11,486 11,486
    97sh Johnson & Johnson 15,266 15,266
    144sh Knight Swift Transportation 6,022 6,022
    70sh LPL Financial Holdings Inc. 7,295 7,295
    70sh Lyondellbasell Industries 6,416 6,416
    46sh L3harris Technologies Inc. 8,695 8,695
    119sh MAGNA International Inc. 8,426 8,426
    145sh Medtronic PLC 16,985 16,985
    256sh Microsoft Corporation 56,940 56,940
    76sh Mid America Apartment 9,628 9,628
    158sh Nextera Energy Inc. 12,190 12,190
    103sh Nike Inc. 14,571 14,571
    27sh Norfolk Southern Corporation 6,416 6,416
    16sh NVIDIA Corporation 8,355 8,355
    67sh NXP Semiconductors N.V. 10,654 10,654
    130sh Oracle Corporation 8,410 8,410
    44sh Paypal Holdings Inc. 10,305 10,305
    62sh PNC Financial Services Group, Inc. 9,238 9,238
    146sh Procter & Gamble Company 20,314 20,314
    91sh Progressive Corporation 8,998 8,998
    42sh Prologis Inc. 4,186 4,186
    95sh Qualcomm Inc. 14,472 14,472
    52sh Raytheon Company 3,719 3,719
    9sh Regeneron Pharmaceuticals Inc. 4,348 4,348
    50sh Reinsurance Group of America 5,795 5,795
    353sh Roche Holding LTD 15,425 15,425
    124sh Southwest Airlines Corporation 5,780 5,780
    72sh Texas Instruments Inc. 11,817 11,817
    173sh TJX Companies Inc. 11,814 11,814
    33sh United Rentals Inc. 7,653 7,653
    75sh Unitedhealth Group Inc. 26,301 26,301
    196sh Verizon Communications 11,515 11,515
    45sh Vertex Pharmaceuticals Inc. 10,635 10,635
    114sh VISA Inc. 24,935 24,935
    29sh VMWARE Inc. Class A 4,068 4,068
    105sh Walmart Inc. 15,136 15,136
    302sh Well Fargo & Company 9,114 9,114
    70sh Westlake Chemical Corporation 5,712 5,712
    48sh Xilinx Inc. 6,805 6,805
    62sh Zoetis Inc. 10,261 10,261
    23,906.81sh Bernstein International Portfolio 304,573 304,573
    2,013.88sh Bernstein Emerging Markets Portfolio 65,532 65,532
    40,976.57sh Overlay A Portfolio Class 1 584,326 584,326
    32,342.79sh Overlay B Portfolio Class 1 368,384 368,384
    500sh Berkshire Hathaway, Inc. 115,935 115,935
    2,000sh Coca Cola Company 109,680 109,680
    665sh Walt Disney Company 120,485 120,485
    600sh Facebook Inc. 163,896 163,896
    1,000sh Microsoft Corporation 222,420 222,420
    5,000sh Blackrock Health 143,250 143,250
    6,250sh Blackrock Cap Allocation 136,062 136,062
    3,030.80sh Blackrock HL SC Opp Institutional 236,463 236,463
    10,689.45sh Blackrock Event Driven Fund 106,788 106,788
    2,724.39sh Blackrock Global 59,092 59,092
    3,374.74sh Eaton Vance Atl Capital 103,773 103,773
    1,000sh Ishares Core Growth 52,200 52,200
    3,734.73sh Loomis Sayles Global 100,389 100,389
    13,599.32sh T. Rowe Price Capital Fund 463,873 463,873
    400sh Vanguard Total Stock Market Fund 77,856 77,856
    17sh Abbott Laboratories 1,861 1,861
    21sh Advanced Micro Devices Inc 1,926 1,926
    44sh Apple Inc. 5,838 5,838
    2sh Charter Communications Inc 1,323 1,323
    4sh Costco Wholesale Corporation 1,507 1,507
    10sh Danaher Corporation 2,221 2,221
    5sh Deere & Co 1,345 1,345
    7sh Dollar General Corporation 1,472 1,472
    6sh Home Depot Inc. 1,594 1,594
    31sh Ishares ETF Russell 2000 Growth 8,888 8,888
    157sh Ishares ETF Russell 2000 30,781 30,781
    202sh Ishares ETF Russell Midcap Growth 20,735 20,735
    126sh Ishares Core MSCI ETF EAFE 8,705 8,705
    202sh Ishares Gold Trustet ETF 3,662 3,662
    263sh Ishares Inc ETF Core MSCI Emerging MKTS 16,317 16,317
    40sh Ishares JP Morgan ETF USD Emerging Makets BD 4,636 4,636
    39sh Ishares MSCI Taiwan ETF 2,070 2,070
    449sh Ishares Russel ETF Midcap 30,779 30,779
    6sh Linde Plc 1,581 1,581
    9sh Lowes Companies Inc. 1,445 1,445
    27sh Microsoft Corporation 6,005 6,005
    21sh Newmont Corporation 1,258 1,258
    25sh Nextera Energy Inc. 1,929 1,929
    15sh Nike Inc. Class B 2,122 2,122
    16sh Procter & Gamble Co 2,226 2,226
    6sh S&P Global Inc. 1,972 1,972
    87sh Select Sector SPDR TR ETF Technology 11,312 11,312
    23sh Select Sector SPDR F ETF Materials 1,665 1,665
    37sh Select Sector SPDR F ETF Health Care 4,197 4,197
    28sh Select Sector SPDR F ETF Consumer Discretionary 4,502 4,502
    170sh Select Sector SPDR ETF Communication SVCS 11,472 11,472
    29sh SPDR S&P 500 Trust ETF 10,843 10,843
    55sh SPDR SER TR ETF 5,992 5,992
    11sh T-Mobile US Inc. 1,483 1,483
    4sh Thermo Fisher Scientific Inc. 1,863 1,863
    8sh Tractor Supply Company TSCO 1,125 1,125
    347sh Vanguard FTSE ETF Developed Markets 16,382 16,382
    522sh Vanguard INTL Equity ETF 26,158 26,158
    8sh Zoetis Inc. Class A 1,324 1,324

    TY 2020 OtherExpensesSchedule
    Name:
    Charles P Ferro Foundation
    EIN:
    22-3253710
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    New York State Corporate Fee 250 0   250
    Office Expenses 183 0   183


    TY 2020 OtherIncreasesSchedule
    Name:
    Charles P Ferro Foundation
    EIN:
    22-3253710
    Description Amount
    Unrealized Gain on Investments 394,055


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Charles P Ferro Foundation
    EIN:
    22-3253710
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Advisor Investment Management 40,380 40,380   0


    TY 2020 TaxesSchedule
    Name:
    Charles P Ferro Foundation
    EIN:
    22-3253710
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Taxes & ADR Fees 1,121 1,121   0
    Federal Excise Tax 0 0   0