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
LEWIS HALL AND MILDRED SASSER
SINGLETARY FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1095 126 N BROAD ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
THOMASVILLE, GA31799
A Employer identification number

58-1906094
B Telephone number (see instructions)

(229) 226-1011
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$31,507,582J 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 93,065 92,448  
4 Dividends and interest from securities... 475,844 475,844  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,797,779
b Gross sales price for all assets on line 6a 9,894,499
7 Capital gain net income (from Part IV, line 2)... 1,797,779
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........ 2,366,688 2,366,071  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 19,570     19,570
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 47,371 17,144    
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 190,427 182,207   8,044
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 257,368 199,351   27,614
25 Contributions, gifts, grants paid....... 1,500,000 1,500,000
26 Total expenses and disbursements. Add lines 24 and 25 1,757,368 199,351   1,527,614
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 609,320
b Net investment income (if negative, enter -0-) 2,166,720
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......... 1,285,159 507,016 507,016
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) 904,086 Click to see attachment312,906 306,969
b Investments—corporate stock (attach schedule)....... 14,219,489 Click to see attachment16,292,364 26,782,613
c Investments—corporate bonds (attach schedule)....... 2,344,053 Click to see attachment2,835,899 2,846,751
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,650,000 Click to see attachment1,067,489 1,064,233
14 Land, buildings, and equipment: basis bullet1,583
Less: accumulated depreciation (attach schedule) bullet1,583      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,402,787 21,015,674 31,507,582
Liabilities 17 Accounts payable and accrued expenses.......... 5,463 9,030
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)......... 5,463 9,030
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 20,397,324 21,006,644
29 Total net assets or fund balances (see instructions)..... 20,397,324 21,006,644
30 Total liabilities and net assets/fund balances (see instructions). 20,402,787 21,015,674
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
20,397,324
2
Enter amount from Part I, line 27a .....................
2
609,320
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
21,006,644
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
21,006,644
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 ABBVIE P 2019-06-28 2020-06-24
b AMAZON P 2014-06-24 2020-06-24
c ISHARES S&P SMALLCAP P 2016-06-01 2020-06-15
d LORD ABBETT INVT P 2020-09-16 2020-12-02
e BRISTOL-MYERS SQUIBB CO BRI P 2019-11-21 2020-06-02
AMAZON P 2014-06-24 2020-11-02
MICROSOFT P 2017-05-24 2020-04-14
APPLE P 2017-06-20 2020-02-07
BRISTOL-MYERS SQUIBB CO BRI P 2019-11-21 2020-06-02
AMAZON P 2014-06-24 2020-03-02
MICROSOFT P 2017-05-24 2020-07-01
BARCLAYS BANKS P 2018-01-22 2020-01-24
BROADRIDGE FINL SOLUTIONS P 2020-04-15 2020-05-27
AMGEN P 2015-12-10 2020-01-28
MICROSOFT P 2017-05-24 2020-01-21
BELLCO CREDIT UNION P 2019-12-27 2020-12-30
DFA EMERGING MARKETS C P 2020-01-28 2020-04-21
AMGEN P 2013-03-20 2020-01-28
MICROSOFT P 2018-02-08 2020-01-21
FEDERAL FARM CR BKS DEB P 2010-08-09 2020-01-15
DFA EMERGING MARKETS CO P 2019-12-18 2020-04-21
APPLE P 2014-01-30 2020-01-15
ROYAL DUTCH SHELL P 2017-02-21 2020-09-16
GENERAL ELECTRIC P 2013-04-11 2020-05-19
FEDEX P 2019-11-12 2020-08-12
APPLE P 2013-01-17 2020-01-15
SALESFORCE COM P 2018-10-26 2020-04-14
LORD ABBETT P 2019-08-09 2020-12-02
FEDEX P 2019-09-12 2020-08-12
APPLE P 2014-01-30 2020-06-24
VISA INC P 2016-03-30 2020-01-13
LORD ABBETT P 2019-07-08 2020-12-02
SYSCO CORP P 2020-04-13 2020-05-27
APPLE P 2014-01-30 2020-07-08
WALMART P 2015-12-02 2020-06-24
LORD ABBETT P 2018-12-06 2020-12-02
ALPHABET INC P 2015-08-28 2020-07-09
WALT DISNEY P 2018-05-02 2020-01-22
WALMART P 2016-04-19 2020-06-24
LORD ABBETT P 2018-09-06 2020-12-02
ALPHABET INC P 2015-05-01 2020-07-09
EXPEDIA P 2017-03-08 2020-04-08
FEDERAL HOME LOAN MORTGAGE P 2020-02-28 2020-05-18
LORD ABBETT P 2018-09-06 2020-03-03
ALPHABET INC P 2016-01-04 2020-01-16
FEDEX P 2016-08-08 2020-08-12
FIDELITY P 2019-12-18 2020-07-09
LORD ABBETT P 2019-08-28 2020-12-02
ALPHABET INC P 2015-08-28 2020-01-16
GALLAGHER P 2016-03-17 2020-03-02
FIDELITY P 2019-12-18 2020-01-27
LORD ABBETT P 2016-01-11 2020-07-27
AMAZON P 2014-06-24 2020-06-15
GALAGHER P 2010-09-14 2020-03-02
FIDELITY P 2019-12-18 2020-01-06
AMAZON P 2014-06-24 2020-04-14
INTEL P 2018-12-26 2020-07-30
FIDELITY P 2019-12-18 2020-06-30
(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 78,407   59,240 19,167
b 177,777   21,176 156,601
c 336,243   291,725 44,518
d 532,036   532,036  
e 9,368   6,294 3,074
44,918   4,887 40,031
90,245   35,695 54,550
242,000   242,992 -992
2,679   1,800 879
109,769   18,896 90,873
66,579   22,240 44,339
250,000   250,000  
177,110   160,285 16,825
180,508   127,563 52,945
179,162   73,448 105,714
250,000   250,000  
285,971   376,064 -90,093
180,508   75,008 105,500
88,744   46,227 42,517
25,000   27,959 -2,959
75,162   100,000 -24,838
180,709   41,086 139,623
326,772   682,010 -355,238
147,000   150,000 -3,000
101,430   80,490 20,940
298,564   68,518 230,046
39,447   34,412 5,035
100,000   100,476 -476
81,144   69,528 11,616
180,457   35,727 144,730
21,465   8,449 13,016
250,499   250,000 499
333,108   274,829 58,279
181,181   34,155 147,026
356,940   173,118 183,822
251,251   250,000 1,251
37,761   15,711 22,050
107,213   74,609 32,604
124,598   72,206 52,392
115,715   115,369 346
34,740   12,350 22,390
153,616   318,279 -164,663
500,000   500,250 -250
185,000   184,631 369
7,232   3,690 3,542
162,288   131,609 30,679
115,000   115,000  
250,499   250,000 499
122,947   53,417 69,530
182,102   79,807 102,295
230,000   230,000  
50,000   50,000  
193,150   24,434 168,716
127,222   33,276 93,946
200,000   200,000  
96,164   13,683 82,481
436,350   412,066 24,284
230,000   230,000  
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       19,167
b       156,601
c       44,518
d        
e       3,074
      40,031
      54,550
      -992
      879
      90,873
      44,339
       
      16,825
      52,945
      105,714
       
      -90,093
      105,500
      42,517
      -2,959
      -24,838
      139,623
      -355,238
      -3,000
      20,940
      230,046
      5,035
      -476
      11,616
      144,730
      13,016
      499
      58,279
      147,026
      183,822
      1,251
      22,050
      32,604
      52,392
      346
      22,390
      -164,663
      -250
      369
      3,542
      30,679
       
      499
      69,530
      102,295
       
       
      168,716
      93,946
       
      82,481
      24,284
       
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 1,797,779
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 15,599
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 30,117
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 30,117
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 30,117
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 21,080
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 21,080
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 9,037
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
 
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    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)
    bulletGA
    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 ofbulletRICHARD L SINGLETARY JR Telephone no.bullet (229) 226-1011

    Located atbullet126 N BROAD ST PO BOX 1095THOMASVILLEGA ZIP+4bullet31799
    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
     
     
    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
    MICHAEL HAMIL PRESIDENT
    000.00     		0 0 0
    107 LAUREL OAK
    THOMASVILLE,GA31799
    KAREN S LEABO DIRECTOR
    000.00     		0 0 0
    PO BOX 1184
    THOMASVILLE,GA31799
    RICHARD L SINGLETARY JR TREASURER
    000.00     		0 0 0
    102 CHUKKARS DRIVE
    THOMASVILLE,GA31792
    LEWIS HALL SINGLETARY II SECRETARY
    000.00     		0 0 0
    2201 GLEN MARY PLACE
    DULUTH,GA30097
    GREG HAMIL DIRECTOR
    000.00     		0 0 0
    1307 LOVERS LAN
    THOMASVILLE,GA31792
    KAREN L SINGLETARY VICE PRESIDE
    000.00     		0 0 0
    1375 PIERCE CHAPEL ROAD
    CAIRO,GA39828
    J PHILIP LEABO JR DIRECTOR
    000.00     		0 0 0
    PO BOX 1094
    THOMASVILLE,GA31799
    LISA LEABO DIRECTOR
    000.00     		0 0 0
    PO BOX 1094
    THOMASVILLE,GA31799
    REBECCA SINGLETARY DIRECTOR
    000.00     		0 0 0
    2201 GLEN MARY PLACE
    DULUTH,GA30097
    LEWIS SINGLETARY III DIRECTOR
    000.00     		0 0 0
    5854 DAHLGREEN TRAIL
    TALLAHASSEE,FL32312
    TIMOTHY SINGLETARY DIRECTOR
    000.00     		0 0 0
    1375 PIERCE CHAPEL ROAD
    CAIRO,GA39828
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    27,866,580
    b
    Average of monthly cash balances.......................
    1b
    1,110,262
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    28,976,842
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    28,976,842
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    434,653
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    28,542,189
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,427,109
    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
    1,427,109
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    30,117
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    30,117
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,396,992
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,396,992
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,396,992
    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
    1,527,614
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,527,614
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,527,614
    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 1,396,992
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 34,039
    b From 2016...... 130,930
    c From 2017...... 61,586
    d From 2018...... 90,201
    e From 2019...... 79,448
    fTotal of lines 3a through e........ 396,204
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,527,614
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 1,396,992
    e Remaining amount distributed out of corpus 130,622
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 526,826
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		34,039
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		492,787
    10 Analysis of line 9:
    a Excess from 2016.... 130,930
    b Excess from 2017.... 61,586
    c Excess from 2018.... 90,201
    d Excess from 2019.... 79,448
    e Excess from 2020.... 130,622
    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 e-mail address of the person to whom applications should be addressed:
    LEWIS HALL AND MILDRED SASSER
    PO BOX 1095 126 N BROAD ST
    THOMASVILLE,GA31792
    (229) 226-1011
    bThe form in which applications should be submitted and information and materials they should include:
    DETAILS AS TO USE AND PURPOSE OF GIFTS.
    cAny submission deadlines:
    AUGUST 31, 2021
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CONCENTRATION IN SOUTHWEST GEORGIA.
    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
    1 NEEDNOW INC
    100 WEST CLUB DRIVE
    THOMASVILLE,GA31792     		NONE   WALK YOUTH GROUP BIBLE PROJECT 10,000
    ALLIANCE DEFENSE FUND
    15333 N PIMA RD
    SCOTTSDALE,AZ85260     		NONE   BLACKSTONE LEGAL FELLOWSHIP 25,000
    AMERICAN RED CROSS
    GEORGIA WIREGRASS CHAPTER
    509 N PATTERSON ST
    VALDOSTA,GA31601     		NONE   HOME FIRE CAMPAIGN 20,000
    ARCHBOLD FOUNDATION
    910 S BROAD ST
    THOMASVILLE,GA31792     		NONE   COLD CAP THERAPY 85,000
    BISHOP HALL CHARTER SCHOOL
    1815 E CLAY ST
    THOMASVILLE,GA31792     		NONE   OPERATING NEEDS 90,000
    BROOKWOOD SCHOOL
    301 CARDINAL RIDGE RD
    THOMASVILLE,GA31792     		NONE   FINANCIAL AID 2019-2020 41,000
    COMMUNITY FOUNDATION OF S GA
    PO BOX 2654
    THOMASVILLE,GA31799     		NONE   SPARK PROGRAM 10,000
    COMMUNITY FOUNDATION OF S GEORGIA
    HANDS & HEARTS FOR HORSES
    PO BOX 2654
    THOMASVILLE,GA31799     		NONE   OPERATING EXPENSES 100,000
    CORNERSTONE SCHOOLS OF ALABAMA
    116 55ST N
    BIRMINGHAM,AL35212     		NONE   MATERIALS,TECHNOLOGY,TUITION 25,000
    ELEMENT 3 CHURCH
    PO BOX 14792
    TALLAHASSEE,FL32303     		NONE   LOCAL & GLOBAL HUMANITARIAN EFFORTS 20,000
    FAMILY ENRICHMENT GROUP
    PO BOX 1034
    THOMASVILLE,GA31799     		NONE   NEVER LOST-PROVIDE POSITIVE CHILDHOO 25,000
    FELLOWSHIP OF CHRISTIAN ATHLETES
    206 N PINETREE BLVD
    THOMASVILLE,GA31792     		NONE   GENERAL OPERATING 15,000
    FIRST PRESBYTERIAN CHURCH-TVILLE
    225 E JACKSON ST
    THOMASVILLE,GA31792     		NONE   PLAYGROUND 25,000
    FOUNTAIN OF LIFE RESCUE
    612 E CLAY ST
    THOMASVILLE,GA31792     		NONE   GATHERING PLACE T'VILLE 10,000
    GATHERING PLACE
    PO BOX 394
    THOMASVILLE,GA31799     		NONE   CAMPUS MINISTRY,MENTORSHIP,DOULOS IN 25,000
    HALCYON HOME
    PO BOX 1838
    THOMASVILLE,GA31799     		NONE   DOMESTIC VIOLENCE SAFE SHELTER 24,000
    HANDS ON THOMAS COUNTY
    PO BOX 252
    THOMASVILLE,GA31799     		NONE   GENERAL OPERATIONS 10,000
    LAWSON NEEL MEDBANK
    1407 GORDON AVE
    THOMASVILLE,GA31792     		NONE   OPERATING NEEDS 32,000
    LIVES WITHOUT LIMITS
    125 LESTER ST
    THOMASVILLE,GA31792     		NONE   PERSONS WITH DISABILITIES PROGRAMS 7,500
    MAILBOX CLUB INT'L
    404 EAGER STREET
    VALDOSTA,GA31602     		NONE   GENERAL OPERATIONS 5,000
    MARION MEDICAL MISSION
    1412 SHAWNEE DRIVE
    MARION,IL62959     		NONE   GENERAL OPERATIONS 20,000
    MNW BOYS & GIRLS CLUB OF THOMAS CO
    PO BOX 3026
    THOMASVILLE,GA31792     		NONE   GENERAL OPERATIONS 100,000
    MNW BOYS & GIRLS CLUBS OF THOMAS
    COUNTY
    PO BOX 3026
    THOMASVILLE,GA31799     		NONE   CAPITAL IMPROVEMENTS PROJECTS 20,000
    ONE HEART BEAT
    605 VICTORIA PLACE
    THOMASVILLE,GA31792     		NONE   HELP FUND MONTHLY LOCAL SERVICE PROJ 10,000
    OPEN DOOR ADOPTION AGENCY
    218 E JACKSON ST
    THOMASVILLE,GA31792     		NONE   GENERAL OPERATIONS 5,000
    PERIMETER CHURCH
    9500 MEDLOCK BRIDGE RD
    DULUTH,GA30097     		NONE   HELPING PEOPLE IMPROVE THEMSELVES 75,000
    PORCH DE SOLOMON CORP
    PO BOX 10509
    TALLAHASSEE,FL323032509     		NONE   PROTEIN / FAMILY FEEDING PROGRAM 5,000
    PRESBYTERIAN HOMES OF GA
    2 PIEDMONT CTR STE 107
    ATLANTA,GA30305     		NONE   GENERAL OPERATIONS 35,000
    SECOND HARVEST OF SOUTH GA
    1411 HARBIN CIRCLE
    VALDOSTA,GA31601     		NONE 75000 OPERATING SUPPORT & CAPITAL SUPPORT 65,000
    SOUTH GEORGIA BALLET
    PO BOX 326
    CAIRO,GA39828     		NONE   OPERATIONS & OUTREACH 35,000
    SOUTHERN REGIONAL TECHNICAL COLLEGE
    15689 U S HIGHWAY N
    THOMASVILLE,GA31792     		NONE   FACULTY POSITION &STUDENT SCHOLA 85,000
    THE VASHTI CENTER
    1815 E CLAY ST
    THOMASVILLE,GA31792     		NONE   DELIVERY OF THERAPUTIC SVC CHILDREN 30,000
    THOMAS COUNTY FOOD BANK
    PO BOX 975
    THOMASVILLE,GA31799     		NONE   OPERATING NEEDS 30,000
    THOMAS UNIVERSITY
    1501 MILLPOND
    THOMASVILLE,GA31792     		NONE   MULTI PURPOSE ATHLETIC BLDG 90,000
    THOMASVILLE CENTER FOR THE ARTS
    600 E WASHINGTON ST
    THOMASVILLE,GA31792     		NONE 30000. ARTS FOR ALL CHILDREN PROGRAMS 48,000
    THOMASVILLE COMMUNITY RESOURCE CTR
    501 VARNEDOE ST
    THOMASVILLE,GA31792     		NONE   PARENT CHILD HOME PROGRAM EXPANSION 27,500
    WELLSPRING OF LIVING WATER
    9500 MEDLOCK BRIDGE RD
    DULUTH,GA30097     		NONE   GIRLS RESIDENTIAL PROGRAM 45,000
    YMCA OF THOMASVILLE
    PO BOX 1153
    THOMASVILLE,GA31799     		NONE   GENERAL OPERATIONS 50,000
    YOUNG LIFE SOUTHEAT REGION
    PO BOX 7753
    MARIETTA,GA30065     		NONE   AREA DEVELOPMENT/REGIONAL SUPPORT 80,000
    YOUNG LIFE THOMAS COUNTY
    115 E JACKSON ST
    THOMASVILLE,GA31792     		NONE   OPERATING EXPENSES 30,000
    YOUNG LIFE COLORADO SPRINGS
    115 E JACKSON ST
    THOMASVILLE,GA31792     		NONE   GENERAL OPERATIONS 10,000
    Total .................................bullet 3a 1,500,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 92,448 617
    4 Dividends and interest from securities....     14 475,844  
    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 ............     		    18 749 1,797,030
    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)..   569,041 1,797,647
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,366,688
    (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.)
    3 REVENUE RAISED TO ENABLE FOUNDATION TO MAKE CONTRIBUTIONS
    3 TO DONEES WHO PROVIDE WELFARE BENEFITS THE FOUNDATION
    3 MANAGERS DEEM ACCEPTABLE.
    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:
    LEWIS HALL AND MILDRED SASSER
     
    SINGLETARY FOUNDATION INC
    EIN:
    58-1906094
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL AND ACCOUNTING 19,570     19,570

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

    TY 2020 DepreciationSchedule
    Name:
    LEWIS HALL AND MILDRED SASSER
     
    SINGLETARY FOUNDATION INC
    EIN:
    58-1906094
    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
    COMPUTER 1999-06-21 1,583 1,583 200DB 5.0000        

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    LEWIS HALL AND MILDRED SASSER
     
    SINGLETARY FOUNDATION INC
    EIN:
    58-1906094
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 2,835,899 2,846,751

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    LEWIS HALL AND MILDRED SASSER
     
    SINGLETARY FOUNDATION INC
    EIN:
    58-1906094
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMON STOCKS 16,292,364 26,782,613

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    LEWIS HALL AND MILDRED SASSER
     
    SINGLETARY FOUNDATION INC
    EIN:
    58-1906094
    US Government Securities - End of Year Book Value:

    286,529
    US Government Securities - End of Year Fair Market Value:

    280,633
    State & Local Government Securities - End of Year Book Value:


    26,377
    State & Local Government Securities - End of Year Fair Market Value:


    26,336


    TY 2020 InvestmentsOtherSchedule2
    Name:
    LEWIS HALL AND MILDRED SASSER
     
    SINGLETARY FOUNDATION INC
    EIN:
    58-1906094
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FIXED INCOME MUTUAL FUNDS AT COST 1,067,489 1,064,233

    TY 2020 LandEtcSchedule2
    Name:
    LEWIS HALL AND MILDRED SASSER
     
    SINGLETARY FOUNDATION INC
    EIN:
    58-1906094
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    EQUIPMENT 1,583 1,583    


    TY 2020 OtherExpensesSchedule
    Name:
    LEWIS HALL AND MILDRED SASSER
     
    SINGLETARY FOUNDATION INC
    EIN:
    58-1906094
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INVESTMENT EXPENSE 182,383 182,207    
    BANK CHARGES 421     421
    DUES & SUBSCRIPTIONS 7,440     7,440
    OFFICE EXPENSE 183     183


    TY 2020 TaxesSchedule
    Name:
    LEWIS HALL AND MILDRED SASSER
     
    SINGLETARY FOUNDATION INC
    EIN:
    58-1906094
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX ON INVESTMENT RETURN 30,227      
    FOREIGN TAXES ON INVESTMENTS 17,144 17,144