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
ELLA ANN L & FRANK B HOLDING FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 1415
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SMITHFIELD, NC27577
A Employer identification number

56-2002528
B Telephone number (see instructions)

(919) 989-3281
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$19,437,571J 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) 331,919
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 524,581 524,263  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 311,262
b Gross sales price for all assets on line 6a 5,162,954
7 Capital gain net income (from Part IV, line 2)... 311,262
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).......      
12 Total. Add lines 1 through 11........ 1,167,762 835,525  
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 184 92   92
b Accounting fees (attach schedule)....... Click to see attachment 2,300 1,150   1,150
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 34,206 4,779   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 49,023 36,459   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 85,713 42,480   1,242
25 Contributions, gifts, grants paid....... 800,000 800,000
26 Total expenses and disbursements. Add lines 24 and 25 885,713 42,480   801,242
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 282,049
b Net investment income (if negative, enter -0-) 793,045
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............. 1,572,807 1,091,693 1,091,693
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 12,495,547 Click to see attachment13,261,195 17,023,591
c Investments—corporate bonds (attach schedule)....... 2,066,527 Click to see attachment2,061,508 1,303,475
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment16,278 Click to see attachment18,812 Click to see attachment18,812
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,151,159 16,433,208 19,437,571
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 16,151,159 16,433,208
29 Total net assets or fund balances (see instructions)..... 16,151,159 16,433,208
30 Total liabilities and net assets/fund balances (see instructions). 16,151,159 16,433,208
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
16,151,159
2
Enter amount from Part I, line 27a .....................
2
282,049
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
16,433,208
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
16,433,208
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 AS REPORTED BY FIRST CITIZENS - INVESTOR P 2017-07-01 2020-12-31
b AS REPORTED BY PERSHING - SANDLER O'NEILL P 2017-07-01 2020-12-31
c AS REPORTED BY FIRST CITIZENS - TRUST P 2020-01-01 2020-12-31
d AS REPORTED BY FIRST CITIZENS - TRUST P 2017-07-01 2020-12-31
e 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 441,878   369,806 72,072
b 608,925   606,480 2,445
c 3,212,758   3,094,841 117,917
d 830,801   780,565 50,236
e 68,592     68,592
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       72,072
b       2,445
c       117,917
d       50,236
e       68,592
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 2 311,262
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 11,023
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 11,023
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 11,023
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 18,800
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 18,800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 7,777
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet7,777 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
 
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)
    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 addressbulletN/A
    14
    The books are in care ofbulletOLIVIA HOLDING Telephone no.bullet (919) 989-3281

    Located atbullet409 E MARKET STSMITHFIELDNC ZIP+4bullet27577
    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
     
     
    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
    OLIVIA B HOLDING PRESIDENT
    0.50     		0 0 0
    PO BOX 1415
    SMITHFIELD,NC27577
    FRANK B HOLDING JR VICE PRESIDENT
    0.50     		0 0 0
    PO BOX 1415
    SMITHFIELD,NC27577
    HOPE HOLDING BRYANT TREASURER
    0.50     		0 0 0
    PO BOX 1415
    SMITHFIELD,NC27577
    JUDITH A MURRAY SECRETARY
    0.50     		0 0 0
    PO BOX 1415
    SMITHFIELD,NC27577
    CLAIRE H BRISTOW DIRECTOR
    0.50     		0 0 0
    PO BOX 1415
    SMITHFIELD,NC27577
    CARSON H BRICE DIRECTOR
    0.50     		0 0 0
    PO BOX 1415
    SMITHFIELD,NC27577
    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
    15,784,767
    b
    Average of monthly cash balances.......................
    1b
    1,431,408
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    17,216,175
    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
    17,216,175
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    258,243
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    16,957,932
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    847,897
    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
    847,897
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    11,023
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,023
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    836,874
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    836,874
    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
    836,874
    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
    801,242
    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
    801,242
    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
    801,242
    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 7 836,874
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 789,511
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 801,242
    a Applied to 2019, but not more than line 2a 789,511
    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..... 11,731
    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 0
    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 ..........     		825,143
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALLEGHANY CARES
    25 WOMBLE ST
    SPARTA,NC28675     		NONE PC GENERAL SUPPORT 2,000
    ALLEGHANY COUNTY RESCUE SQUAD
    61 TROJAN AVENUE
    SPARTA,NC28675     		NONE PC GENERAL SUPPORT 2,000
    ALLIANCE MEDICAL MINISTRY
    101 DONALD ROSS DR
    RALEIGH,NC27610     		NONE PC GENERAL SUPPORT 1,000
    ARIZONA BAPTIST CHILDREN'S SERVICES
    1779 N ALVERNON WAY
    TUCSON,AZ85712     		NONE PC GENERAL SUPPORT 1,000
    AVA GARDNER MUSEUM
    325 E MARKET STREET
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 1,000
    BOYS AND GIRLS CLUB OF COASTAL CAROLINA
    3321 BRIDGES STREET
    MOREHEAD CITY,NC28557     		NONE PC GENERAL SUPPORT 2,000
    CAMP SEA GULLSEAFARER
    2218 SEA GULL LANDING
    ARAPAHOE,NC28510     		NONE PC GENERAL SUPPORT 4,000
    CAMPBELL UNIVERSITY
    143 MAIN STREET
    BUIES CREEK,NC27506     		NONE PC GENERAL SUPPORT 20,000
    CAROLINA BALLET
    3401 ATLANTIC AVE 131
    RALEIGH,NC27604     		NONE PC GENERAL SUPPORT 2,000
    CENTENARY UNITED METHODIST CHURCH
    140 E MARKET ST
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 19,000
    CHERRY LANE VOLUNTEER FIRE DEPARTMENT
    8378 US 21
    GLADE VALLEY,NC28627     		NONE PC GENERAL SUPPORT 2,000
    CHRIST CHURCH
    120 EAST EDENTON STREET
    RALEIGH,NC27601     		NONE PC GENERAL SUPPORT 5,000
    CLAYTON CULTURAL ARTS FOUNDATION
    111 EAST SECOND STREET
    CLAYTON,NC27520     		NONE PC GENERAL SUPPORT 1,000
    CLAYTON PIANO FESTIVAL
    111 EAST SECOND STREET
    CLAYTON,NC27520     		NONE PC GENERAL SUPPORT 2,000
    CLIFFS CLOSET
    134 NEW LEICESTER HWY
    ASHEVILLE,NC28806     		NONE PC GENERAL SUPPORT 1,000
    COMMUNITY AND SENIOR SERVICES OF JO CO
    1363 W MARKET STREET
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 1,000
    COMMUNITY MUSIC SCHOOL
    618 TUCKER ST
    RALEIGH,NC27603     		NONE PC GENERAL SUPPORT 1,000
    CONSERVATION TRUST FOR NC
    1028 WASHINGTON ST
    RALEIGH,NC27605     		NONE PC GENERAL SUPPORT 1,000
    CONTEMPORARY ART FOUNDATION
    409 WEST MARTIN STREET
    RALEIGH,NC27603     		NONE PC GENERAL SUPPORT 9,000
    DIX PARK CONSERVANCY
    PO BOX 28575
    RALEIGH,NC27611     		NONE PC GENERAL SUPPORT 1,000
    ENVIRONMENTAL DEFENSE FUND
    4000 WESTCHASE BLVD
    RALEIGH,NC27607     		NONE PC GENERAL SUPPROT 5,000
    EPISCOPAL HIGH SCHOOL
    1200 N QUAKER LN
    ALEXANDRIA,VA22302     		NONE PC GENERAL SUPPORT 5,000
    EPWORTH CHILDREN'S HOME
    2900 MILLWOOD AVE
    COLUMBIA,SC29205     		NONE PC GENERAL SUPPORT 1,000
    FIFTH STREET MINISTRIES
    1421 5TH STREET
    STATESVILLE,NC28677     		NONE PC GENERAL SUPPORT 1,500
    FIRST BAPTIST CHURCH OF SCOTLAND NECK
    1015 CHURCH STREET
    SCOTLAND NECK,NC27874     		NONE PC GENERAL SUPPORT 3,000
    FIRST MISSIONARY BAPTIST CHURCH
    403 CASWELL ST
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 3,000
    FIRST PRESBYTERIAN CHURCH
    215 S 3RD STREET
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 10,000
    FRED OLDS ELEMNTARY PTA
    204 DIXIE TRAIL
    RALEIGH,NC27607     		NONE PC GENERAL SUPPORT 2,500
    FRIENDS OF JOHNSTON CO ANIMAL SHELTER
    115 SHELTER WAY
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 5,000
    FRIENDS OF THE LIBRARY
    CAMPUS BOX 7111 NCSU
    RALEIGH,NC276957111     		NONE PC GENERAL SUPPORT 1,000
    GIRL SCOUTS NORTH CAROLINA COASTAL PINES
    6901 PINECREST ROAD
    RALEIGH,NC27613     		NONE PC GENERAL SUPPORT 40,000
    HABITAT FOR HUMANITY DURHAM COUNTY
    215 N CHURCH STREET
    DURHAM,NC27701     		NONE PC GENERAL SUPPROT 1,000
    HAMMOND SCHOOL
    854 GALWAY LN
    COLUMBIA,SC29209     		NONE PC GENERAL SUPPORT 1,500
    HARBOR INC
    1149 BUFFALO ROAD
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 2,500
    HAYES BARTON UNITED METHODIST CHURCH
    2209 FAIRVIEW ROAD
    RALEIGH,NC27608     		NONE PC GENERAL SUPPROT 11,000
    HEALING TRANSITIONS
    1251 GOODE ST
    RALEIGH,NC27603     		NONE PC GENERAL SUPPORT 15,000
    HELPING HANDS & HEALING HEARTS INC
    308 N 4TH STREET
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 1,000
    HOPEWAY FOUNDATION
    1717 SHARON ROAD WEST
    CHARLOTTE,NC28210     		NONE PC GENERAL SUPPORT 1,500
    IN HIS HANDS PREGNANCY SUPPORT CENTER
    13 DAIL ST
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 1,000
    JAMIE KIRK HAHN FOUNDATION
    1053 E WHITAKER MILL RD
    RALEIGH,NC27604     		NONE PC GENERAL SUPPORT 1,000
    JOHNSTON CO DEPT OF SOCIAL SERVICES
    714 NORTH ST
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 2,000
    JOHNSTON COMMUNITY COLLEGE FDN
    245 COLLEGE ROAD
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 10,000
    JOHNSTON COUNTY ARTS COUNCIL
    1115 OUTLET CENTER DRIVE
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 1,000
    JOHNSTON COUNTY CHORUS
    PO BOX 1731
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 500
    JOHNSTON COUNTY HERITAGE CENTER
    241 E MARKET STREET
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPROT 1,000
    JOHNSTON HEALTH FOUNDATION
    509 N BRIGHTLEAF BLVD
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 3,000
    MT OLIVE COLLEGE FOUNDATION
    634 HENDERSON STREET
    MT OLIVE,NC28365     		NONE PC GENERAL SUPPORT 1,000
    MY KIDS CLUB
    PO BOX 784
    SELMA,NC27576     		NONE PC GENERAL SUPPORT 2,000
    NC AGRICULTURAL FOUNDATION INC
    CAMPUS BOX 7601 NCSU
    RALEIGH,NC27695     		NONE PC GENERAL SUPPORT 2,500
    NC AQUARIUM SOCIETY
    320 SALTAR PATH ROAD
    ATLANTIC BEACH,NC28512     		NONE PC GENERAL SUPPORT 3,500
    NC COASTAL FEDERATION
    3609 NC 24
    NEWPORT,NC28570     		NONE PC GENERAL SUPPORT 2,000
    NC COMMUNITY FOUNDATION
    4601 SIX FORKS ROAD SUITE 524
    RALEIGH,NC27609     		NONE PC GENERAL SUPPORT 72,000
    NC MUSEUM OF ART FOUNDATION
    2110 BLUE RIDGE ROAD
    RALEIGH,NC27607     		NONE PC GENERAL SUPPORT 13,000
    NC OPERA
    612 WADE AVENUE 100
    RALEIGH,NC27605     		NONE PC GENERAL SUPPORT 1,000
    NEUSE LITTLE THEATRE
    104 S FRONT ST
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 1,000
    NORTH CAROLINA MUSEUM OF HISTORY
    PO BOX 25937
    RALEIGH,NC27611     		NONE PC GENERAL SUPPORT 1,000
    NORTH CAROLINA SYMPHONY
    3700 GLENWOOD AVE STE 130
    RALEIGH,NC27612     		NONE PC GENERAL SUPPORT 30,000
    NORTH CAROLINIANA SOCIETY
    C/O UNIVERSITY OF NC - WILSON
    LIBRARY
    CHAPEL HILL,NC27515     		NONE PC GENERAL SUPPORT 1,000
    PHILADELPHIA COMMUNITY CHURCH
    357 HARE ROAD
    GOLDSBORO,NC27534     		NONE PC GENERAL SUPPORT 1,000
    PUBLIC LIBRARY OF SMITHFIELD & JOHNSTON CO
    305 E MARKET ST
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 1,000
    PUBLIC RADIO EAST
    800 COLLEGE COURT
    NEW BERN,NC28562     		NONE PC GENERAL SUPPORT 1,000
    PULLEN MEMORIAL BAPTIST CHURCH
    1801 HILLSBOROUGH ST
    RALEIGH,NC27605     		NONE PC GENERAL SUPPORT 5,000
    RALEIGH FINE ARTS SOCIETY
    PO BOX 10614
    RALEIGH,NC27605     		NONE PC GENERAL SUPPORT 1,000
    RALEIGH RESCUE MISSION
    314 E HARGETT ST
    RALEIGH,NC27601     		NONE PC GENERAL SUPPORT 3,000
    ROARING GAP FUND
    751 WEST 4TH ST SUITE 200
    WINSTON SALEM,NC27101     		NONE PC GENERAL SUPPORT 2,000
    SAINT MARY'S SCHOOL
    900 HILLSBOROUGH ST
    RALEIGH,NC27603     		NONE PC GENERAL SUPPORT 36,500
    SAINT SAVIOUR'S CENTER
    616 TUCKER ST
    RALEIGH,NC27603     		NONE PC GENERAL SUPPORT 1,500
    SALEM ACADEMY & COLLEGE
    601 S CHURCH ST
    WINSTON SALEM,NC27101     		NONE PC GENERAL SUPPORT 35,000
    SAVING GRACE ANIMALS FOR ADOPTION
    PO BOX 1649
    WAKE FOREST,NC27588     		NONE PC GENERAL SUPPORT 9,000
    SECOND CHANCE PET ADOPTIONS
    6003 CHAPEL HILL RD
    RALEIGH,NC27607     		NONE PC GENERAL SUPPORT 2,000
    SENIOR PHARMA-ASSIST
    406 RIGSBEE AVE
    DURHAM,NC27701     		NONE PC GENERAL SUPPORT 2,500
    SIM USA INC
    14830 CHOATE CIR
    CHARLOTTE,NC28273     		NONE PC GENERAL SUPPORT 5,000
    SMITHFIELD RESCUE MISSION
    523 GLENN ST
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 3,000
    SOUTHERN ENVIRONMENTAL LAW CENTER
    601 W ROSEMARY STREET 220
    CHAPEL HILL,NC27516     		NONE PC GENERAL SUPPORT 3,000
    SPCA OF WAKE CO
    200 PETFINDER LN
    RALEIGH,NC27527     		NONE PC GENERAL SUPPORT 2,500
    SPOLETO FESTIVAL USA
    14 GEORGE ST
    CHARLESTON,SC29401     		NONE PC GENERAL SUPPORT 20,000
    ST MARKS AME CHURCH
    531 S ROXBORO ST
    DURHAM,NC27701     		NONE PC GENERAL SUPPORT 3,000
    ST PAULS EPISCOPAL CHURCH
    PO BOX 27886
    RALEIGH,NC27611     		NONE PC GENERAL SUPPORT 2,000
    ST PETERS CHURCH OF CHRIST
    1011 MASSEY STREET
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 3,000
    ST ANDREW'S SCHOOL
    227 SOUTH CHERRY STREET
    RICHMOND,VA23220     		NONE PC GENERAL SUPPORT 3,000
    ST ANN'S CATHOLIC CHURCH
    4057 US 70 BUS
    CLAYTON,NC27520     		NONE PC GENERAL SUPPORT 5,000
    STEP UP MINISTRY
    1701 OBERLIN ROAD
    RALEIGH,NC27608     		NONE PC GENERAL SUPPORT 2,000
    SUMMIT CHURCH
    2335 PRESIDENTIAL DRIVE SUITE 114
    DURHAM,NC27703     		NONE PC GENERAL SUPPORT 20,000
    SYLVAN HEIGHTS BIRD PARK
    500 SYLVAN HEIGHTS PARK WAY
    SCOTLAND NECK,NC27874     		NONE PC GENERAL SUPPORT 5,000
    TAMMY LYNN MEMORIAL FOUNDATION
    739 CHAPPELL DR
    RALEIGH,NC27606     		NONE PC GENERAL SUPPORT 1,500
    THE ASHEVILLE SCHOOL
    360 ASHEVILLE SCHOOL ROAD
    ASHEVILLE,NC28806     		NONE PC SCHOLARSHIP 15,000
    THE BRIBEAR FOUNDATION
    2717 BARMETTLER ST
    RALEIGH,NC27607     		NONE PC GENERAL SUPPORT 1,000
    THE BROAD STREET CLINIC
    534 N 35TH ST K
    MOREHEAD CITY,NC28557     		NONE PC GENERAL SUPPORT 1,000
    THE HOPE CENTER AT PULLEN
    1801 HILLSBOROUGH ST
    RALEIGH,NC27605     		NONE PC GENERAL SUPPORT 1,000
    THE SALVATION ARMY
    PO BOX 27584
    RALEIGH,NC27611     		NONE PC GENERAL SUPPORT 6,000
    THE UNIVERSITY OF THE SOUTH
    735 UNIVERSITY AVE
    SEWANEE,TN37383     		NONE PC GENERAL SUPPORT 2,500
    TRIANGLE FELLOWSHIP OF CHRISTIAN ATHLETES
    6511 CREEDMOOR ROAD SUITE 206
    RALEIGH,NC27613     		NONE PC GENERAL SUPPORT 30,000
    TRIANGLE LAND CONSERVANCY
    514 S DUKE ST
    DURHAM,NC27701     		NONE PC GENERAL SUPPORT 1,000
    TRIANGLE YOUTH MUSIC PHILHARMONIC ASSC
    410 GLENWOOD AVE SUITE 170
    RALEIGH,NC27603     		NONE PC GENERAL SUPPORT 1,000
    TRYON PALACE COUNCIL OF FRIENDS
    529 SOUTH FRONT STREET
    NEW BERN,NC28562     		NONE PC GENERAL SUPPORT 26,000
    UNC COLLEGE OF ARTS AND SCIENCES
    205 SOUTH BUILDING
    CHAPEL HILL,NC27599     		NONE PC GENERAL SUPPORT 1,000
    UNC INSTITUTE FOR THE ENVIRONMENT
    137 E FRANKLIN ST SUITE 602
    CHAPEL HILL,NC27599     		NONE PC GENERAL SUPPORT 20,000
    UNC KENAN FLAGLER BUSINESS SCHOOL
    300 KENAN DRIVE
    CHAPEL HILL,NC27599     		NONE PC GENERAL SUPPORT 7,500
    UNC LAW FOUNDATION
    160 RIDGE ROAD
    CHAPEL HILL,NC27599     		NONE PC SCHOLARSHIP 4,000
    UNC TV FOUNDATION
    10 TW ALEXANDER DR
    RESEARCH TRIANGLE PARK,NC27709     		NONE PC GENERAL SUPPORT 5,000
    UNITED CHURCH OF CHAPEL HILL
    1321 MARTIN LUTHER KING BLVD
    CHAPEL HILL,NC27514     		NONE PC GENERAL SUPPORT 2,500
    UNIVERSITY OF NC AT CHAPEL HILL
    UNC CHAPEL HILL
    CHAPEL HILL,NC27599     		NONE PC GENERAL SUPPORT 2,000
    WAKE FOREST PARENTS' COUNCIL
    1834 WAKE FOREST ROAD
    WINSTON SALEM,NC27106     		NONE PC GENERAL SUPPORT 15,000
    WAKE FOREST UNIVERSITY
    1834 WAKE FOREST ROAD
    WINSTON SALEM,NC27106     		NONE PC GENERAL SUPPORT 10,000
    WAKE TECH FOUNDATION
    9101 FAYETTEVILLE ROAD MONTAGUE
    HALL SUITE 320
    RALEIGH,NC27603     		NONE PC GENERAL SUPPORT 3,000
    WATERMARK OC CHURCH
    3186 PULLMAN ST
    COSTA MESA,CA92626     		NONE PC GENERAL SUPPORT 1,000
    WCPE
    BOX 897
    WAKE FOREST,NC27588     		NONE PC GENERAL SUPPORT 1,000
    WOODBURY FOREST SCHOOL
    898 WOODBURY FOREST ROAD
    WOODBURY FOREST,VA22989     		NONE PC GENERAL SUPPORT 20,000
    YMCA OF THE TRIANGLE AREA INC
    801 CORPORATE CENTER DR 200
    RALEIGH,NC27607     		NONE PC GENERAL SUPPORT 104,500
    YOUNG LIFE CRYSTAL COAST
    PO BOX 954
    BEAUFORT,NC28516     		NONE PC GENERAL SUPPORT 2,500
    Total .................................bullet 3a 800,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 524,581  
    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 ............     		    18 311,262  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 835,843 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    835,843
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


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

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    ELLA ANN L & FRANK B HOLDING FOUNDATION
     
    Employer identification number

    56-2002528
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    ELLA ANN L & FRANK B HOLDING FOUNDATION
          		Employer identification number
    56-2002528
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    ELLA & FRANK HOLDING CLAT
     
    1723 CANTERBURY ROAD
     
    RALEIGH, NC27608

    		$ 331,919


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    ELLA ANN L & FRANK B HOLDING FOUNDATION
          		Employer identification number

    56-2002528
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    ELLA ANN L & FRANK B HOLDING FOUNDATION
          		Employer identification number

    56-2002528
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    ELLA ANN L & FRANK B HOLDING FOUNDATION
    EIN:
    56-2002528
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    THOMAS JUDY & TUCKER 2,300 1,150   1,150

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    ELLA ANN L & FRANK B HOLDING FOUNDATION
    EIN:
    56-2002528
    Name of Bond End of Year Book Value End of Year Fair Market Value
    TRUIST FINL CORP 2000 SHS 523,290 538,650
    250,000 UTS TPREF FUNDING I 262,831 625
    250,000 UTS VANTAGE SOUTH 250,000 271,413
    300,000 UTS TPREF FUNDING III 250,000 150
    200,000 UTS US CAPITAL FUNDING I 200,000 50,000
    200,000 UTS CAROLINA FINANCIAL CORP 120,000 196,000
    100,000 UTS WACHOVIA CAP TR III 99,750 101,263
    100,000 UTS US CAPITAL FUNDING III 99,534 20
    100,000 UTS IUS CAPITAL FUNDING II 99,000 2,000
    100,000 UTS BAC CAP TR XIV 79,000 99,375
    200,000 UTS PREFERRED TERM SECS LTD 28,139 14,439
    200,000 UTS MMCAPS FDG I LTD MEZZANINE 19,197 11,431
    100,000 UTS MMCAPS FDG I LTD 9.48% 18,384 5,716
    400,000 UTS REGIONAL DIVERSIFIED FDG 10,373 10,373
    100,000 UTS US CAPITAL FUNDING II 2,000 2,000
    100,000 UTS US CAPITAL FUNDING III 10 20

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ELLA ANN L & FRANK B HOLDING FOUNDATION
    EIN:
    56-2002528
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FIRST HORIZON BANK 1500 SHS 1,080,000 1,207,500
    ISHARES RUSSELL MID CAP VALUE 9,097 SHS 1,006,859 1,210,265
    FCB BANCSHARES INC 20,000 SHS 500,000 540,800
    ASSOCIATED BANC-CORP 496,700 534,200
    18,000 SHS REGIONS FINL CORP 455,200 471,060
    FIDELITY MID CAP VALUE INDEX FUND 25,065.715 SHS 441,054 549,942
    TRUIST FINL CORP DEP 14,000 SHS 350,000 389,480
    CARILLON CLARIVEST CAPITAL 5,203.792 SHS 252,557 281,993
    1,891 SHS FIRST CITIZENS BANK CL A 252,236 1,085,945
    250,000 UTS WACCAMAW STATE TRUST 250,000 0
    3,000 SHS DUKE ENERGY CORP NEW COM 242,185 274,680
    FIDELTY MID CAP GROWTH INDEX FUND 13,245.705 SHS 225,155 372,686
    T ROWE PRICE INSTITUTIONAL LARGE-CAP 4,247.193 SHS 219,459 276,832
    ISHARES MSCI EAFE INTERNATIONAL 16,158.538 SHS 200,874 237,369
    1,140 SHS FIRST CITIZENS BANK SC/FCNC CL A 198,036 654,668
    8000 SH WELLS FARGO & CO 196,400 208,640
    PEAR TREE POLARIS FOREGIN VALUE FUND 17,248.947 SHS 171,435 197,328
    DOMINION RES INC VA COM 2331 SHS 156,537 175,291
    PEPSICO 1500 SHS 153,374 222,450
    JP MORGAN CHASE 1,500 SHS 150,142 190,605
    TIAA CREF EMERGING MARKETS 13,121.101 SHS 146,966 174,379
    INTERNATIONAL BUSINESS MACHS CORP 1000 SHS 133,674 125,880
    THREE 3M CO 800 SHS 133,645 139,832
    MORGAN STANLEY INST GROWTH 2,690.034 SHS 133,365 248,586
    JOHNSON & JOHNSON 1500 SHS 132,294 236,070
    CATERPILLAR INC 1000 SHS 132,034 182,020
    FEDERATED GOVT OBLIG PRM 130,198 133,243
    ASHMORE EMERGING MARKETS ACTIVE EQUITY FUND 11,526.22 SHS 126,125 151,800
    LAZARD INTERNATIONAL EQUITY INST 7,522.232 SHS 125,242 150,595
    TRUIST FINL CORP 3,000 SHS 124,434 143,790
    1,200 SHS KIMBERLY CLARK CORP 120,739 161,796
    WCM FOCUSED INTERNATIONAL GROWTH 7,461.429 SHS 119,174 184,670
    BALLIE GIFFORD EMERGING MARKETS EQUITIES FUND 5.313.774 SHS 113,260 147,032
    MFS MID CAP VALUE R6 5,240.311 SHS 112,282 137,558
    BANK OF AMERICA CORP 2000 SHS 109,879 121,240
    WELLS FARGO SPECIAL MID CAP VALUE FUND 2,797.552 SHS 108,814 121,162
    COCA COLA COMPANY 2000 SHS 107,002 137,100
    3,000 SHS AT&T 106,082 86,280
    ROYAL BK CDA MONTREAL 1,500 SHS 106,024 123,090
    1,500 SHS MERCK 105,496 122,700
    2000 SHS VERIZON 104,775 117,500
    T ROWE PRICE EMERGING MARKETS 2,321.952 SHS 104,531 127,406
    1,500 SHS PROCTER & GAMBLE 101,767 208,710
    4000 SHS ASTORIA FINANCIAL - STERLING BANKCORP 100,000 105,600
    DUPONT EI DENEMOURS 2,000 SHS 96,713 142,220
    NUANCE MID CAL VALUE FUND 7,177.189 95,921 101,127
    VANGUARD SCOTTSDALE FDS VNG 770 SHS 95,585 121,868
    CISCO SYSTEMS INC 2000 SHS 93,904 89,500
    GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND 9,644.160 SHS 93,143 112,740
    PIMCO STOCKSPLUS INTERNATIONAL FUND 22,007.893 SHS 89,551 145,252
    1,500 SHS KELLOGG CO 82,832 93,345
    1,000 SHS ABBVIE 80,654 107,150
    2,000 SHS MONDELEZ (FROM KRAFT SPLIT) 77,895 116,940
    US BANCORP DEL COM 69,843 69,885
    T ROWE PRICE MID CAP GROWTH FUND 758.978 SHS 67,217 85,901
    1,500 SHS GENERAL MILLS 66,984 88,200
    BLACKROCK MID-CAP GROWTH EQUITY 1,984.364 SHS 62,854 87,630
    1,000 SHS EXXON MOBIL 62,794 41,220
    GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND 5,802.031 SHS 60,109 73,512
    1,000 SHS PHILLIPS 66 57,645 69,940
    PRINCIPAL REAL ESTATE SECURITIES 56,156 61,391
    PIMCO STOCKSPLUS SMALL FUND 7,648.040 SHS 54,741 84,587
    JACKSON SQUARE SMID-CAP GROWTH FUND 2,173.207 SHS 54,154 82,756
    CONOCO PHILLIPS 1000 SHS 53,512 39,990
    BLACKROCK INC 100 SHARES 53,053 72,154
    BERKSHIRE HATHWAY INC 278 SHS 52,767 64,460
    500 SHS CHEVRON 51,283 42,225
    1,000 SHS SOUTHERN COMPANY 47,593 61,430
    PEAR TREE POLARIS FGN VAL SM CAP 4,919.334 SHS 46,073 54,014
    PINNACLE BANKSHARES 1,786 SHS 58,526 41,078
    FEDERATED MDT SMALL CAP CORE FUND 2,870.927 SHS 45,073 67,151
    ARTISAN INTERNATION SMALL-MID FUND 2,912.921 SHS 43,645 59,831
    1,000 SHS SCANA CORP 42,754 50,309
    DOW INC 1,000 SHS 41,822 59,391
    NUVEEN GLOBAL INFRASTRUCTURE FUND 39,810 43,039
    MAINSTAY CBRE GLOBAL INFRASTRUCTURE 3,498.746 38,681 41,460
    COHEN & STEERS REAL ESTATE 2,625.412 SH 38,268 42,794
    BANK OF AMERICA CORP 1,393 SHS 38,144 42,222
    500 SHS PHILIP MORRIS INTL INC COM 37,547 41,395
    200 SHS FIRST CITIZENS BANK CL A 35,913 114,854
    1,411 SHS AMERISERV FINANCIAL 34,560 39,593
    AT&T INC 1,005 SHS 32,532 28,904
    200 SHS FIRST CITIZENS BANK CL B 32,300 104,000
    JP MORGAN CHASE & CO 299 SHS 31,250 37,994
    VERIZON COMMUNICATIONS INC 485 SHS 28,398 28,494
    UNITEDHEALTH GROUP INC 113 SHS 26,616 39,627
    PFIZER INC 729 SHS 26,452 26,834
    1,482 SHS AMERISERV FINANCIAL 25,935 41,585
    JOHNSON & JOHNSON 190 SHS 25,891 29,902
    CVS HEALTH CORPORATION 369 SHS 25,619 25,203
    200 SHS BOEING 25,586 42,812
    CITIGROUP INC 368 SHS 23,268 22,691
    MEDTRONIC PLC 232 SHS 21,298 27,176
    PEPSICO INC 168 SHS 21,259 24,914
    PROSHARES TR DJ BROOKFIELD GLOBAL INFR ETF 508 SHS 20,352 20,864
    WELLS FARGO & COMPANY 449 SHS 19,398 13,551
    3M CO 136 SHS 19,328 23,771
    CISCO SYS INC 451 SHS 19,315 20,182
    INTERNATIONAL BUSINESS MACHS CORP 142 SHS 18,578 17,875
    ANTHEM, INC 84 SHS 18,357 26,972
    DISNEY WALT CO 177 SHS 17,826 32,069
    MORGAN STANLEY COM 423 SHS 17,450 28,988
    FIDELITY NATL INFORMATION SVCS INC 143 SHS 17,263 20,229
    INTEL CORP 421 SHS 17,114 20,974
    HARTFORD FINL SVCS GROUP INC 295 SHS 16,875 14,449
    NUCOR CORP 323 SHS 16,650 17,180
    WYNN RESORTS LTD 147 SHS 16,423 16,586
    HP INC 813 SHS 16,324 19,992
    ABBVIE INC 177 SHS 16,029 18,966
    ALLSTATE CORP 165 SHS 15,428 18,138
    SNAP-ON TOOLS CORP 97 SHS 15,271 16,601
    MONDELEZ INTERNATIONAL INC 365 SHS 15,166 21,342
    NORFOLK SOUTHN CORP 90 SHS 15,123 21,385
    WALMART INC 205 SHS 14,692 29,551
    DUKE ENERGY CORPORATION 215 SHS 14,476 15,792
    DOMINION ENERGY INC 210 SHS 14,476 15,792
    JOHNSON CTLS INTL PLC 384 SHS 14,453 17,891
    CME GROUP INC 91 SHS 14,438 16,567
    PPL CORP 514 SHS 14,374 14,495
    HOME DEPOT INC 83 SHS 14,302 22,046
    AMERICAN ELEC PWR INC COM 166 SHS 14,294 13,823
    EASTMAN CHEM CO 169 SHS 14,252 16,947
    PROCTER & GAMBLE COMPANY 182 SHS 14,139 25,323
    CATERPILLAR INC 93 SHS 13,738 16,928
    QUEST DIAGNOSTICS INC 123 SHS 13,529 14,658
    JUNIPER NETWORKS INC 531 SHS 13,474 11,953
    UNUMPROVIDENT CORP 470 SHS 13,447 10,782
    BOEING CO 90 SHS 12,257 19,265
    COLGATE PALMOLIVE CO 174 SHS 11,976 14,879
    BEST BUY INC 195 SHS 11,905 19,459
    KIMCO REALTY CORP 1,120 SHS 11,852 16,811
    COMCAST CORPORATION CLASS A 342 SHS 11,807 17,921
    ACTIVISION BLIZZARD INC 176 SHS 11,780 16,342
    GENERAL ELEC CO 1,641 SHS 11,733 17,723
    DANAHER CORP 94 SHS 11,517 20,881
    PAYCHEX INC 168 SHS 11,507 15,654
    EATON CORPORATION 190 SHS 11,471 22,827
    TE CONNECTIVITY LIMITED 126 SHS 11,275 15,255
    FIFTH THIRD BANCORP 482 SHS 11,273 13,289
    BRISTOL MYERS SQUIBB 194 SHS 11,107 12,034
    REGIONS FINANCIAL CORP 820 SHS 10,996 13,218
    MID-AMERICA APARTMENT COMMUNITIES INC 108 SHS 10,871 13,683
    DELTA AIR LINES INC 275 SHS 10,841 11,058
    COSTCO WHSL CORP NEW 42 SHS 10,813 15,825
    DTE ENERGY CO 100 SHS 10,324 12,141
    LILLY ELI & CO 72 SHS 10,186 12,156
    XCEL ENERGY INC 195 SHS 9,779 13,001
    ELECTRONIC ARTS INC 117 SHS 9,734 16,801
    KIMBERLY CLARK CORPORATION 80 SHS 9,622 10,786
    CARDINAL HEALTH INC 214 SHS 9,551 11,462
    FEDEX CORP 79 SHS 9,156 20,510
    HONEYWELL INTERNATIONAL INC 43 SHS 8,994 9,146
    ALEXION PHARMACEUTICALS 82 SHS 8,769 12,812
    GLOBAL PMTS INC 64 SHS 8,665 13,787
    GALLAGHER ARTHUR J & CO 100 SHS 8,216 12,371
    LIVE NATION ENTERTAINMENT 219 SHS 7,622 16,092
    BAXTER INTERNATIONAL INC 122 SHS 7,454 9,789
    DARDEN RESTAURANTS INC 140 SHS 7,365 16,677
    REPUBLIC SVCS INC 111 SHS 7,188 10,689
    TARGET CORP 80 SHS 7,107 14,122

    TY 2020 LegalFeesSchedule
    Name:
    ELLA ANN L & FRANK B HOLDING FOUNDATION
    EIN:
    56-2002528
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WARD & SMITH 184 92   92


    TY 2020 OtherAssetsSchedule
    Name:
    ELLA ANN L & FRANK B HOLDING FOUNDATION
    EIN:
    56-2002528
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE 16,278 18,812 18,812


    TY 2020 OtherExpensesSchedule
    Name:
    ELLA ANN L & FRANK B HOLDING FOUNDATION
    EIN:
    56-2002528
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 12,564 0   0
    INVESTMENT FEES 36,459 36,459   0


    TY 2020 TaxesSchedule
    Name:
    ELLA ANN L & FRANK B HOLDING FOUNDATION
    EIN:
    56-2002528
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 29,427 0   0
    FOREIGN TAXES 4,779 4,779   0