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
A E FINLEY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 98266
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RALEIGH, NC27624
A Employer identification number

56-6057379
B Telephone number (see instructions)

(919) 782-0565
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$32,689,465J 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 1,989 1,989  
4 Dividends and interest from securities... 614,733 614,733  
5a Gross rents............ 129,311 129,311  
b Net rental income or (loss) 70,000
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 390,560
b Gross sales price for all assets on line 6a 3,025,396
7 Capital gain net income (from Part IV, line 2)... 384,996
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 -3,387 -6,823  
12 Total. Add lines 1 through 11........ 1,133,206 1,124,206  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 8,573 0   8,573
b Accounting fees (attach schedule)....... Click to see attachment 16,602 3,976   3,976
c Other professional fees (attach schedule).... Click to see attachment 5,500 5,500   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 21,029 7,802   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 60,629 59,666  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,807 1,179   5,628
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 105,398 94,848   10,550
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 224,538 172,971   28,727
25 Contributions, gifts, grants paid....... 1,065,530 1,065,530
26 Total expenses and disbursements. Add lines 24 and 25 1,290,068 172,971   1,094,257
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -156,862
b Net investment income (if negative, enter -0-) 951,235
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 328,522 253,194 253,194
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.......... 2,707 6,335 6,335
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 22,761,423 Click to see attachment21,833,849 24,760,934
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet2,638,585
Less: accumulated depreciation (attach schedule) bullet1,052,379   Click to see attachment1,586,206 1,586,204
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,555,222 Click to see attachment2,445,164 6,010,827
14 Land, buildings, and equipment: basis bullet330,313
Less: accumulated depreciation (attach schedule) bullet327,909 1,649,239 Click to see attachment2,404 2,405
15 Other assets (describe bullet) Click to see attachment69,566 Click to see attachment69,566 Click to see attachment69,566
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 26,366,679 26,196,718 32,689,465
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue................. 7,451  
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment24,379 Click to see attachment50,964
23 Total liabilities (add lines 17 through 22)......... 31,830 50,964
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........ 14,209,456 14,209,456
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 12,125,393 11,936,298
29 Total net assets or fund balances (see instructions)..... 26,334,849 26,145,754
30 Total liabilities and net assets/fund balances (see instructions). 26,366,679 26,196,718
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
26,334,849
2
Enter amount from Part I, line 27a .....................
2
-156,862
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
26,177,987
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
32,233
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
26,145,754
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 SHORT TERM CAPITAL GAINS-DEUTSCHE BANK PE P    
b LONG TERM CAPITAL GAINS-DEUTSCHE BANK PE P    
c SHORT TERM CAPITAL GAINS-SEI CORE PROPERTY P    
d SEI LIMITED DURATION BOND P 2019-11-26 2020-08-05
e SEI LIMITED DURATION BOND P 2020-01-01 2020-10-20
SEI MULTI ASSET REAL RETURN P 2020-01-01 2020-01-15
SEI ULTRA SH DURATION BD FD P 2020-01-01 2020-10-20
SEI REAL RETURN A P 2020-01-15 2020-03-24
SEI REAL RETURN A P 2020-01-15 2020-05-18
SEI CORE FIXED INCOME FUND P 2018-06-01 2020-03-24
SEI CORE FIXED INCOME FUND P 2018-06-01 2020-05-18
SEI HIGH YIELD BOND FUND P 2018-06-01 2020-03-24
SEI S&P 500 IDX-A P 2018-06-01 2020-02-10
SEI S&P 500 IDX-A P 2018-06-01 2020-05-18
SEI S&P 500 IDX-A P 2018-06-01 2020-08-04
SEI S&P 500 IDX-A P 2018-06-01 2020-10-20
SEI S&P 500 IDX-A P 2018-06-01 2020-11-17
SEI S&P 500 IDX-A P 2018-06-01 2020-12-16
SEI EXTENDED MKT INDEX-A P 2018-06-01 2020-02-10
SEI EXTENDED MKT INDEX-A P 2018-06-01 2020-08-04
SEI EXTENDED MKT INDEX-A P 2018-06-01 2020-10-20
SEI EXTENDED MKT INDEX-A P 2018-06-01 2020-11-17
SEI EXTENDED MKT INDEX-A P 2018-06-01 2020-12-16
SEI MULTI ASSET REAL RETURN P 2018-06-01 2020-01-15
SEI DYNAMIC ASSET ALLOC FUND P 2018-06-22 2020-02-10
SEI DYNAMIC ASSET ALLOC FUND P 2018-06-22 2020-05-18
SEI DYNAMIC ASSET ALLOC FUND P 2018-06-22 2020-08-04
SEI DYNAMIC ASSET ALLOC FUND P 2018-06-22 2020-10-20
SEI DYNAMIC ASSET ALLOC FUND P 2018-06-22 2020-11-17
SEI DYNAMIC ASSET ALLOC FUND P 2018-06-22 2020-12-16
EMERGING MRKTS DEBT FUND P 2018-06-01 2020-03-24
SEI WORLD EQUITY EX-US FUND P 2018-06-01 2020-10-20
SEI WORLD EQUITY EX-US FUND P 2018-06-01 2020-11-17
SEI WORLD EQUITY EX-US FUND P 2018-06-01 2020-12-16
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,012     2,012
b 54,107     54,107
c 12,227     12,227
d 25   24 1
e 171,757   168,525 3,232
92,704   93,234 -530
169,074   168,391 683
79,181   80,182 -1,001
3,846   3,834 12
135,251   131,180 4,071
11,367   10,485 882
14,144   18,158 -4,014
20,270   17,232 3,038
6,012   5,800 212
13,986   12,067 1,919
163,350   135,289 28,061
11,753   9,271 2,482
85,859   67,340 18,519
443   433 10
4,086   4,051 35
72,157   65,884 6,273
4,423   3,771 652
69,256   54,636 14,620
1,337,589   1,368,684 -31,095
2,798   2,688 110
2,040   2,171 -131
4,415   4,147 268
43,836   39,539 4,297
2,907   2,503 404
21,743   20,053 1,690
14,035   16,645 -2,610
48,656   49,803 -1,147
5,223   5,087 136
79,223   73,709 5,514
260,057     260,057
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       2,012
b       54,107
c       12,227
d       1
e       3,232
      -530
      683
      -1,001
      12
      4,071
      882
      -4,014
      3,038
      212
      1,919
      28,061
      2,482
      18,519
      10
      35
      6,273
      652
      14,620
      -31,095
      110
      -131
      268
      4,297
      404
      1,690
      -2,610
      -1,147
      136
      5,514
      260,057
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 2 384,996
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 13,222
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 13,222
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 13,222
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 17,160
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 17,160
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
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 3,938
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet3,938 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNC
    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 addressbulletAEFINLEYFOUNDATION.ORG
    14
    The books are in care ofbulletDUKE FINLEY Telephone no.bullet (919) 782-0565

    Located atbulletPO BOX 98266RALEIGHNC ZIP+4bullet27624
    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
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DUKE FINLEY CHAIRMAN/PRESIDENT
    4.00     		0 0 0
    PO BOX 98266
    RALEIGH,NC27624
    VIC BELL VICE PRESIDENT
    4.00     		0 0 0
    PO BOX 98266
    RALEIGH,NC27624
    KEVIN ANDERSON SECRETARY
    4.00     		0 0 0
    PO BOX 98266
    RALEIGH,NC27624
    ANN DILLON DIRECTOR
    4.00     		0 0 0
    PO BOX 98266
    RALEIGH,NC27624
    JIM WELCH DIRECTOR
    4.00     		0 0 0
    PO BOX 98266
    RALEIGH,NC27624
    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  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    23,486,560
    b
    Average of monthly cash balances.......................
    1b
    187,274
    c
    Fair market value of all other assets (see instructions)................
    1c
    842,505
    d
    Total (add lines 1a, b, and c).........................
    1d
    24,516,339
    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
    24,516,339
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    367,745
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    24,148,594
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,207,430
    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
    1,207,430
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    13,222
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    250
    c
    Add lines 2a and 2b............................
    2c
    13,472
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,193,958
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,193,958
    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
    1,193,958
    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
    1,094,257
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,094,257
    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
    1,094,257
    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 1,193,958
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018...... 230,474
    e From 2019......  
    fTotal of lines 3a through e........ 230,474
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,094,257
    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..... 1,094,257
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 99,701 99,701
    (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 5 130,773
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		130,773
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018.... 130,773
    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
    A PLACE AT THE TABLE
    300 WEST HARGETT STREET
    RALEIGH,NC27610     		  PC OPERATING SUPPORT 2,500
    ALLIANCE MEDICAL MINISTRY
    101 DONALD ROSS DR
    RALEIGH,NC27610     		  PC OPERATING SUPPORT 22,500
    CAPITOL COMMISSION
    2600 FAIRVIEW ROAD SUITE 200
    RALEIGH,NC27608     		  PC OPERATING SUPPORT 2,500
    CARROLL'S KITCHEN
    19 E MARTIN STREET
    RALEIGH,NC27601     		  PC OPERATING SUPPORT 5,000
    DHIC INC
    113 S WILMINGTON STREET
    RALEIGH,NC27601     		  PC OPERATING SUPPORT 2,500
    DOROTHEA DIX PARK CONSERVANCY
    PO BOX 28575
    RALEIGH,NC27611     		  PC OPERATING SUPPORT 7,500
    DUKE UNIVERSITY
    PO BOX 90542
    DURHAM,NC27703     		  PC FACILITY MAINTENANCE 62,700
    DURHAM RESCUE MISSION
    PO BOX 11858
    DURHAM,NC27703     		  PC OPERATING SUPPORT 5,000
    FAMILY PROMISE OF WAKE COUNTY
    903 METHOD ROAD
    RALEIGH,NC27606     		  PC OPERATING SUPPORT 5,000
    FIRST TEE OF TRIANGLE
    8800 WESTGATE PARK DR 104
    RALEIGH,NC27617     		  PC OPERATING SUPPORT 2,500
    FOOD BANK OF CENTRAL AND EASTERN NC
    1924 CAPITAL BLVD
    RALEIGH,NC27604     		  PC OPERATING SUPPORT 17,500
    FRIENDS OF OBERLIN VILLAGE
    1023 OBERLIN ROAD
    RALEIGH,NC27605     		  PC OPERATING SUPPORT 2,500
    HARGRAVE MILITARY ACADEMY
    200 MILITARY DRIVE
    CHATHAM,VA24531     		  PC OPERATING SUPPORT 62,700
    HAYES BARTON BAPTIST CHURCH
    1800 GLENWOOD AVENUE
    RALEIGH,NC27608     		  PC OPERATING SUPPORT 2,500
    INTERFAITH FOOD SHUTTLE
    1001 BLAIR DRIVE SUITE 120
    RALEIGH,NC27603     		  PC OPERATING SUPPORT 10,000
    LAKE JUNALUSKA ASSEMBLY
    759 N LAKESHORE DR
    LAKE JUNALUSKA,NC28745     		  PC OPERATING SUPPORT 2,500
    MARBLES KIDS MUSEUM
    LAKE JUNALUSKA
    RALEIGH,NC27601     		  PC OPERATING SUPPORT 5,000
    MEALS ON WHEELS OF WAKE COUNTY
    1001 BLAIR DRIVE
    RALEIGH,NC27603     		  PC OPERATING SUPPORT 5,000
    NC MUSEUM OF HISTORY FOUNDATION
    5 EAST EDENTON STREET
    RALEIGH,NC27601     		  PC OPERATING SUPPORT 10,000
    NC TENNIS FOUNDATION
    2709 HENRY ST
    GREENSBORO,NC27405     		  PC OPERATING SUPPORT 2,500
    NCSU WOLFPACK CLUB
    PO BOX 37100
    RALEIGH,NC27627     		  PC FACILITY MAINTENANCE 100,350
    NORTH CAROLINA STUDY CENTER
    203 BATTLE LANE
    CHAPEL HILL,NC27514     		  PC OPERATING SUPPORT 2,500
    RALEIGH RESCUE MISSION
    314 E HARGETT ST
    RALEIGH,NC27601     		  PC OPERATING SUPPORT 12,500
    RAVENSCROFT SCHOOL
    7409 FALLS OF NEUSE ROAD
    RALEIGH,NC27615     		  PC FACILITY MAINTENANCE AND FINANCIAL AID 253,420
    REX HEALTHCARE FOUNDATION
    2500 BLUE RIDGE ROAD SUITE 325
    RALEIGH,NC27607     		  PC OPERATING SUPPORT 50,230
    RONALD MCDONALD HOUSE OF DURHAM AND WAKE
    506 ALEXANDER AVE
    DURHAM,NC27705     		  PC OPERATING SUPPORT 5,000
    SAINT MARY'S SCHOOL
    900 HILLSBOROUGH STREET
    RALEIGH,NC27603     		  PC OPERATING SUPPORT 1,000
    SOUTHEAST RALEIGH PROMISE
    900 SOUTH WILMINGTON ST
    RALEIGH,NC27601     		  PC OPERATING SUPPORT 5,000
    ST DAVID'S SCHOOL
    3400 WHITE OAK RD
    RALEIGH,NC27609     		  PC OPERATING SUPPORT 2,500
    STEP UP MINISTRY
    1701 OBERLIN RD
    RALEIGH,NC27608     		  PC OPERATING SUPPORT 5,000
    THE ALS ASSOCIATION OF NORTH CAROLINA CHAPTER
    4 N BLOUNT ST 200
    RALEIGH,NC27601     		  PC OPERATING SUPPORT 5,000
    THE GREEN CHAIR PROJECT
    1853 CAPITAL BLVD
    RALEIGH,NC27604     		  PC OPERATING SUPPORT 5,000
    THE MIRACLE LEAGUE OF THE TRIANGLE
    PO BOX 4193
    CARY,NC27519     		  PC OPERATING SUPPORT 2,500
    TOGETHER WE CAN
    1416 EWING DRIVE
    GARNER,NC27529     		  PC OPERATING SUPPORT 2,500
    TRANSITIONS LIFECARE
    250 HOSPICE CIRCLE
    RALEIGH,NC27607     		  PC OPERATING SUPPORT 7,500
    TRIANGLE FAMILY SERVICES
    3937 WESTERN BLVD
    RALEIGH,NC27606     		  PC OPERATING SUPPORT 5,000
    UNC EDUCATIONAL FOUNDATION
    PO BOX 2446
    CHAPEL HILL,NC27515     		  PC FACILITY MAINTENANCE 100,350
    UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL
    523 EAST FRANKLIN STREET
    CHAPEL HILL,NC27514     		  PC OPERATING SUPPORT 3,750
    URBAN MINISTRIES
    1390 CAPITAL BLVD
    RALEIGH,NC27603     		  PC OPERATING SUPPORT 2,500
    WAKE FOREST UNIVERSITY
    PO BOX 7227
    WINSTONSALEM,NC27109     		  PC OPERATING SUPPORT 15,000
    WHITE MEMORIAL PRESBYTERIAN CHURCH
    1704 OBERLIN RD
    RALEIGH,NC27608     		  PC OPERATING SUPPORT 72,700
    WILLIAM PEACE COLLEGE
    15 EAST PEACE STREET
    RALEIGH,NC27604     		  PC FACILITY MAINTENANCE 50,230
    YMCA OF THE TRIANGLE
    801 CORPORATE CENTER DRIVE SUITE
    200
    RALEIGH,NC27607     		  PC FACILITY MAINTENANCE AND OPERATING SUPPORT 118,100
    Total .................................bullet 3a 1,065,530
    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 ...........     		900099   14 1,989  
    4 Dividends and interest from securities.... 900099   14 614,733  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property..... 900099   16 70,000  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		900099   18 390,560  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aTRUST INCOME     		    14 35,408  
    bINVESTMENT INC (EXP) PUBLIC PARTNERSHIPS     14 -9,348  
    cSPIA INCOME     14 8,277  
    dUBTI-PUBLIC PARTNERSHIPS 900099 3,420 14    
    eOTHER INVESTMENT INC (EXP)     14 -41,160  
    fMISCELLANEOUS INCOME     01 16  
    12 Subtotal. Add columns (b), (d), and (e).. 3,420 1,070,475 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,073,895
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    A E FINLEY FOUNDATION INC
    EIN:
    56-6057379
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 16,602 3,976   3,976

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

    TY 2020 DepreciationSchedule
    Name:
    A E FINLEY FOUNDATION INC
    EIN:
    56-6057379
    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
    PANASONICTV/VCR/DVD 2001-07-15 791 791 SL 7.000000000000 0 0    
    SECURITY SYSTEM 2003-03-15 5,555 5,555 SL 7.000000000000 0 0    
    OFFICE FURNITURE - RAL OFF INT 2003-03-15 27,194 27,194 SL 7.000000000000 0 0    
    OFFICE FURNITURE - STORR OFFICE 2003-03-15 5,130 5,130 SL 7.000000000000 0 0    
    OFFICE FURNITURE - PRICE MODERN 2003-03-15 92,847 92,847 SL 7.000000000000 0 0    
    VIDEO EQUIPMENT-NOWAUDIOVIDEO 2003-03-15 16,121 16,121 SL 5.000000000000 0 0    
    RUGS - ZAKI ORIENTAL RUGS 2003-03-15 6,197 6,197 SL 7.000000000000 0 0    
    MODELS - SY SHOPS 2003-03-15 60,007 60,007 SL 15.000000000000 0 0    
    LAMPS - ONE DESIGN CENTER 2003-03-15 706 706 SL 7.000000000000 0 0    
    LAMPS - ONE DESIGN CENTER 2003-03-15 713 713 SL 7.000000000000 0 0    
    DECORATIONS & FRAMING - ODC 2003-03-15 10,543 10,543 SL 7.000000000000 0 0    
    LIGHT FIXTURES 2003-03-15 14,402 14,402 SL 7.000000000000 0 0    
    WALL & FLOOR COVERINGS- ODC 2003-03-15 28,179 28,179 SL 15.000000000000 0 0    
    FRAMINGS & LAMPSHADES 2003-03-26 2,253 2,253 SL 7.000000000000 0 0    
    FRAMED MEMORABILIA-ODC 2003-04-11 788 788 SL 7.000000000000 0 0    
    INTERIOR SIGNAGE & FRAMING 2003-04-14 1,961 1,961 SL 7.000000000000 0 0    
    MIRRORS & URN - ODC 2003-04-30 753 753 SL 7.000000000000 0 0    
    DESK LAMP - BELK 2003-05-09 515 515 SL 7.000000000000 0 0    
    WINDOW TREATMENTS - ODC 2003-06-10 1,015 1,015 SL 7.000000000000 0 0    
    LEATHER BOX, FRAMING - ODC 2003-06-18 5,591 5,591 SL 7.000000000000 0 0    
    WOOD BLINDS 2003-06-26 2,288 2,288 SL 7.000000000000 0 0    
    ROUND TABLE TRUCK & FRAMING 2003-07-18 731 731 SL 7.000000000000 0 0    
    CUSTOM VANITY - AMAE 2003-07-30 2,170 2,170 SL 7.000000000000 0 0    
    FRAMING - ODC 2003-10-06 2,472 2,472 SL 7.000000000000 0 0    
    LAMP 2003-12-10 550 550 SL 7.000000000000 0 0    
    COMPANION CHAIR 2003-12-24 4,268 4,268 SL 7.000000000000 0 0    
    FRAME 2004-01-15 832 832 SL 7.000000000000 0 0    
    FRAME (YATES MILL) 2004-02-11 949 949 SL 7.000000000000 0 0    
    FRAME (FINLEY HOUSE) 2004-04-21 750 750 SL 7.000000000000 0 0    
    TV/VCR/DVD 2004-10-01 1,285 1,285 SL 7.000000000000 0 0    
    TOSHIBA PHONE SYSTEM 2005-08-31 6,420 6,420 SL 5.000000000000 0 0    
    DELL PRINTER 2006-07-31 265 265 SL 5.000000000000 0 0    
    FRAME 2006-07-31 502 502 SL 7.000000000000 0 0    
    UPDATE TO MODELS - SY SHOP 2007-12-11 4,400 4,400 SL 5.000000000000 0 0    
    PROJECTOR 2010-03-16 1,062 1,062 200DB 5.000000000000 0 0    
    HP COLOR LASERJET CP2025 2011-06-01 350 350 200DB 5.000000000000 0 0    
    SONIC WALL TZ 100 2011-06-01 839 839 200DB 5.000000000000 0 0    
    HP PHOTOSMART D110A 2011-06-07 80 80 200DB 5.000000000000 0 0    
    LAPTOP 2012-03-02 587 587 200DB 5.000000000000 0 0    
    REFRIGERATOR 2012-04-30 1,280 1,280 200DB 5.000000000000 0 0    
    PATIO FURNITURE SET 2012-04-30 1,281 1,281 200DB 7.000000000000 0 0    
    SAVIN COPIER 2014-02-07 6,300 6,300 200DB 5.000000000000 0 0    
    DELL PC (SYLVIA) 2015-09-16 2,354 2,218 200DB 5.000000000000 136 0    
    DEHUMIDIFIER 2016-03-24 2,659 2,200 200DB 5.000000000000 306 0    
    WEBSITE DESIGN 2017-12-07 1,250 521 SL 5.000000000000 250 0    
    WEBSITE DEVELOPMENT 2018-10-30 3,128 730 SL 5.000000000000 626 0    
    LAND 1998-10-13 403,624   L   0 0    
    LAND IMPROVEMENTS 2003-03-15 16,850 16,850 SL 15.000000000000 0 0    
    MORTGAGE LOAN COST 2003-10-25 10,113 10,113 SL 3.500000000000 0 0    
    MORTGAGE LOAN COST 2005-09-30 4,050 3,622 SL 15.000000000000 270 270    
    BUILDING 2003-03-15 2,133,647 920,937 SL 39.000000000000 54,709 54,709    
    SIDEWALK ASSESSMENT 2007-08-31 23,822 18,395 SL 15.000000000000 1,588 1,588    
    FENCE WITH ELECTRIC GATES 2013-03-20 46,479 23,151 150DB 15.000000000000 2,744 3,099    

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

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    A E FINLEY FOUNDATION INC
    EIN:
    56-6057379
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    1231 LOSS-DEUTSCHE BANK PE   PURCHASED       20 COST 0 -20  
    1250 GAIN-DEUTSCHE BANK PE   PURCHASED     2   COST 0 2  
    1250 GAIN-SEI CORE PROPERTY   PURCHASED     5,582   COST 0 5,582  

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    A E FINLEY FOUNDATION INC
    EIN:
    56-6057379
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCKS 21,833,849 24,760,934

    TY 2020 InvestmentsLandSchedule2
    Name:
    A E FINLEY FOUNDATION INC
    EIN:
    56-6057379
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 403,624 0 403,624 403,624
    LAND IMPROVEMENTS 16,850 16,850 0 0
    MORTGAGE LOAN COST 10,113 10,113 0 0
    MORTGAGE LOAN COST 4,050 3,892 158 158
    BUILDING 2,133,647 975,646 1,158,001 1,158,001
    SIDEWALK ASSESSMENT 23,822 19,983 3,839 3,838
    FENCE WITH ELECTRIC GATES 46,479 25,895 20,584 20,583

    TY 2020 InvestmentsOtherSchedule2
    Name:
    A E FINLEY FOUNDATION INC
    EIN:
    56-6057379
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT HELD IN ESCROW AT COST 284,440 220,800
    LIFE INSURANCE ANNUITIES AT COST 279,537 279,537
    REMAINDER INTEREST-EQUIPMENTEER CHARITABLE REMAINDER ANNUITY TRUST AT COST 17,077 453,099
    REMAINDER INTEREST-FINLEY CHARITABLE REMAINDER UNITRUST AT COST 90,312 918,124
    REMAINDER INTEREST-TRIANGLE CHARITABLE REMAINDER UNITRUST AT COST 16,122 208,780
    REMAINDER INTEREST-MAR-FIN CHARITABLE TRUST AT COST 570,050 2,645,568
    INVESTMENT IN DEUTSCHE BANK PRIVATE EQUITY GLOBAL SELECT V AT COST 141,070 167,135
    INVESTMENT IN SEI CORE PROPERTY FUND AT COST 1,046,556 1,117,784

    TY 2020 LandEtcSchedule2
    Name:
    A E FINLEY FOUNDATION INC
    EIN:
    56-6057379
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    PANASONICTV/VCR/DVD 791 791 0  
    SECURITY SYSTEM 5,555 5,555 0  
    OFFICE FURNITURE - RAL OFF INT 27,194 27,194 0  
    OFFICE FURNITURE - STORR OFFICE 5,130 5,130 0  
    OFFICE FURNITURE - PRICE MODERN 92,847 92,847 0  
    VIDEO EQUIPMENT-NOWAUDIOVIDEO 16,121 16,121 0  
    RUGS - ZAKI ORIENTAL RUGS 6,197 6,197 0  
    MODELS - SY SHOPS 60,007 60,007 0  
    LAMPS - ONE DESIGN CENTER 706 706 0  
    LAMPS - ONE DESIGN CENTER 713 713 0  
    DECORATIONS & FRAMING - ODC 10,543 10,543 0  
    LIGHT FIXTURES 14,402 14,402 0  
    WALL & FLOOR COVERINGS- ODC 28,179 28,179 0  
    FRAMINGS & LAMPSHADES 2,253 2,253 0  
    FRAMED MEMORABILIA-ODC 788 788 0  
    INTERIOR SIGNAGE & FRAMING 1,961 1,961 0  
    MIRRORS & URN - ODC 753 753 0  
    DESK LAMP - BELK 515 515 0  
    WINDOW TREATMENTS - ODC 1,015 1,015 0  
    LEATHER BOX, FRAMING - ODC 5,591 5,591 0  
    WOOD BLINDS 2,288 2,288 0  
    ROUND TABLE TRUCK & FRAMING 731 731 0  
    CUSTOM VANITY - AMAE 2,170 2,170 0  
    FRAMING - ODC 2,472 2,472 0  
    LAMP 550 550 0  
    COMPANION CHAIR 4,268 4,268 0  
    FRAME 832 832 0  
    FRAME (YATES MILL) 949 949 0  
    FRAME (FINLEY HOUSE) 750 750 0  
    TV/VCR/DVD 1,285 1,285 0  
    TOSHIBA PHONE SYSTEM 6,420 6,420 0  
    DELL PRINTER 265 265 0  
    FRAME 502 502 0  
    UPDATE TO MODELS - SY SHOP 4,400 4,400 0  
    PROJECTOR 1,062 1,062 0  
    HP COLOR LASERJET CP2025 350 350 0  
    SONIC WALL TZ 100 839 839 0  
    HP PHOTOSMART D110A 80 80 0  
    LAPTOP 587 587 0  
    REFRIGERATOR 1,280 1,280 0  
    PATIO FURNITURE SET 1,281 1,281 0  
    SAVIN COPIER 6,300 6,300 0  
    DELL PC (SYLVIA) 2,354 2,354 0  
    DEHUMIDIFIER 2,659 2,506 153 153
    WEBSITE DESIGN 1,250 771 479 479
    WEBSITE DEVELOPMENT 3,128 1,356 1,772 1,773


    TY 2020 LegalFeesSchedule
    Name:
    A E FINLEY FOUNDATION INC
    EIN:
    56-6057379
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 8,573 0   8,573


    TY 2020 OtherAssetsSchedule
    Name:
    A E FINLEY FOUNDATION INC
    EIN:
    56-6057379
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ART & SCULPTURES 69,566 69,566 69,566


    TY 2020 OtherDecreasesSchedule
    Name:
    A E FINLEY FOUNDATION INC
    EIN:
    56-6057379
    Description Amount
    DEFERRED TAXES 31,928
    UBIT TAX 305


    TY 2020 OtherExpensesSchedule
    Name:
    A E FINLEY FOUNDATION INC
    EIN:
    56-6057379
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE SUPPLIES 429 214   215
    COMPUTER SUPPLIES & REPAIRS 9,624 0   9,624
    SERVICE CHARGES 15 15   0
    MANAGEMENT FEES 93,674 93,674   0
    POSTAGE & DELIVERY 419 209   210
    INSURANCE 982 491   491
    MANAGEMENT FEES-DEUTSCHE BANK PE 245 245   0
    CHARITABLE CONTRIBUTIONS FROM DEUTSCHE 10 0   10


    TY 2020 OtherIncomeSchedule2
    Name:
    A E FINLEY FOUNDATION INC
    EIN:
    56-6057379
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    TRUST INCOME 35,408 35,408 35,408
    INVESTMENT INC (EXP) PUBLIC PARTNERSHIPS -9,348 -9,348 -9,348
    SPIA INCOME 8,277 8,277 8,277
    UBTI-PUBLIC PARTNERSHIPS 3,420 0 3,420
    OTHER INVESTMENT INC (EXP) -41,160 -41,160 -41,160
    MISCELLANEOUS INCOME 16   16


    TY 2020 OtherLiabilitiesSchedule
    Name:
    A E FINLEY FOUNDATION INC
    EIN:
    56-6057379
    Description Beginning of Year - Book Value End of Year - Book Value
    BUILDING DEPOSIT 10,278 10,278
    TAXES PAYABLE 5,342 0
    DEFERRED TAX LIABILITY 8,759 40,686


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    A E FINLEY FOUNDATION INC
    EIN:
    56-6057379
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING 5,500 5,500   0


    TY 2020 TaxesSchedule
    Name:
    A E FINLEY FOUNDATION INC
    EIN:
    56-6057379
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 7,786 7,786   0
    FOREIGN TAXES-DEUTSCHE BANK PE 16 16   0
    FEDERAL EXCISE TAX 13,227 0   0