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
JAMES M BARNETT JR FOUNDATION INC
PERRY & WALTERS LLP
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 71209
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ALBANY, GA31708
A Employer identification number

56-2360848
B Telephone number (see instructions)

(229) 439-4000
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$7,535,851J 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 16,605 16,605  
4 Dividends and interest from securities... 106,098 106,098  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 265,146
b Gross sales price for all assets on line 6a 2,477,929
7 Capital gain net income (from Part IV, line 2)... 265,146
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........ 387,849 387,849  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,915 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 10,570 0   10,570
b Accounting fees (attach schedule)....... Click to see attachment 4,600 0   4,600
c Other professional fees (attach schedule).... Click to see attachment 98,995 98,995   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,288 2,091   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 308 0   308
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 122,676 101,086   15,478
25 Contributions, gifts, grants paid....... 292,700 292,700
26 Total expenses and disbursements. Add lines 24 and 25 415,376 101,086   308,178
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -27,527
b Net investment income (if negative, enter -0-) 286,763
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............. 477,311 351,545 351,545
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   50,000 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 595,675 Click to see attachment629,166 670,921
b Investments—corporate stock (attach schedule)....... 4,643,799 Click to see attachment4,535,197 6,366,026
c Investments—corporate bonds (attach schedule)....... 160,255 Click to see attachment120,216 124,889
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment20,025 20,010
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment2,460 Click to see attachment2,460 Click to see attachment2,460
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,929,500 5,658,609 7,535,851
Liabilities 17 Accounts payable and accrued expenses.......... 1,879  
18 Grants payable................. 265,500 24,500
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) Click to see attachment13,074 Click to see attachment12,589
23 Total liabilities (add lines 17 through 22)......... 280,453 37,089
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........ 4,468,047 4,468,047
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 1,181,000 1,153,473
29 Total net assets or fund balances (see instructions)..... 5,649,047 5,621,520
30 Total liabilities and net assets/fund balances (see instructions). 5,929,500 5,658,609
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
5,649,047
2
Enter amount from Part I, line 27a .....................
2
-27,527
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,621,520
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
5,621,520
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a SHORT TERM NONCOVERED 7350 P    
b SHORT TERM COVERED 6704 P    
c SHORT TERM NONCOVERED 6704 P    
d LONG TERM COVERED 6704 P    
e LONG TERM NONCOVERED 6704 P    
RETURN OF CAPITAL ADJUSTMENT P    
UNKNOWN NONCOVERED 6704 P    
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 20,006   20,016 -10
b 611,248   644,313 -33,065
c 31     31
d 1,824,785   1,545,925 278,860
e 6,622   2,529 4,093
6,138     6,138
57     57
9,042     9,042
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       -10
b       -33,065
c       31
d       278,860
e       4,093
      6,138
      57
      9,042
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 2 265,146
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 3,986
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 3,986
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 3,986
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,320
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 3,320
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 9 666
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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)
    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 addressbulletJAMESBARNETTFDN.ORG
    14
    The books are in care ofbulletPERRY WALTERS LLP Telephone no.bullet (229) 439-4000

    Located atbullet212 NORTH WESTOVER BLVDALBANYGA ZIP+4bullet31708
    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
     
    No
    .........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
    JAMES E REYNOLDS JR DIRECTOR
    1.00     		715 0 0
    212 N WESTOVER BLVD
    ALBANY,GA31708
    J HUFF CROXTON DIRECTOR
    1.00     		500 0 0
    212 N WESTOVER BLVD
    ALBANY,GA31708
    HELEN KIRBO DIRECTOR
    1.00     		700 0 0
    212 N WESTOVER BLVD
    ALBANY,GA31708
    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
    6,530,983
    b
    Average of monthly cash balances.......................
    1b
    271,975
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,802,958
    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
    6,802,958
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    102,044
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,700,914
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    335,046
    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
    335,046
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,986
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,986
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    331,060
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    331,060
    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
    331,060
    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
    308,178
    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
    308,178
    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
    308,178
    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 7 331,060
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 306,256
    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$ 308,178
    a Applied to 2019, but not more than line 2a 306,256
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 1,922
    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 ..........     		329,138
    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 e-mail address of the person to whom applications should be addressed:
    JAMES E REYNOLDS JR
    212 N WESTOVER BLVD
    ALBANY,GA31708
    (229) 439-4000
    bThe form in which applications should be submitted and information and materials they should include:
    SUBMITTED IN WRITING TO THE FOUNDATION STATING REASON FOR THE NEED AND GOALS TO BE ACHIEVED.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALBANY CONCERT ASSOCIATION
    PO BOX 72365
    ALBANY,GA31708     		NONE PC MUSIC EDUCATION 1,500
    ALBANY MUSEUM OF ART
    311 MEADOWLARK DRIVE
    ALBANY,GA31707     		NONE PC VISUAL ARTS SUPPORT 50,000
    ALBANY STATE UNIVERSITY
    504 COLLEGE DRIVE
    ALBANY,GA31705     		NONE PC PROVIDE SCHOLARSHIPS 12,000
    ALBANY SYMPHONY
    504 COLLEGE DRIVE
    ALBANY,GA31707     		NONE PC MUSIC EDUCATION 50,000
    ANDREW COLLEGE
    501 COLLEGE STREET
    CUTHBERT,GA39840     		NONE PC TO PROVIDE SCHOLARSHIPS 12,000
    FLINT RIVERQUARIUM
    101 PINE AVENUE
    ALBANY,GA31701     		NONE PC PROVIDE EDUCATIONAL PROGRAMS 110,000
    LAWRENCE UNIVERSTIY
    711 E BOLDT WAY
    APPLETON,WI54911     		NONE PC TO PROVIDE SCHOLARSHIPS 4,000
    LEE UNIVERSITY
    1120 N OCOEE STREET
    CLEVELAND,TN37311     		NONE PC SCHOLARSHIP 8,000
    MARK WILLIARD
    2202 WESLEY ROAD
    ALBANY,GA31721     		NONE I SCHOLARSHIP 11,500
    S KYLE MOORE
    523 FLORENCE DRIVE
    MADISON,MS39110     		NONE I SCHOLARSHIP 3,000
    THEATRE ALBANY
    514 PINE AVENUE
    ALBANY,GA31701     		NONE PC THEATRICAL PRODUCTION 5,000
    UNIVERSITY OF ALABAMA
    801 UNIVERSITY BLVD
    TUSCALOOSA,AL35401     		NONE PC SCHOLARSHIP 5,000
    RACHEL JOO
    70 CHARLTON STREET APT 10A
    NEW YORK,NY10014     		NONE I SCHOLARSHIP 200
    JACKSON BORGES
    26324 SEA WINDS CT
    MILLSBORO,DE19966     		NONE I SCHOLARSHIP 4,000
    UNIVERSITY OF GEORGIA
    424 E BROAD STREET
    ATHENS,GA30602     		NONE I SCHOLARSHIP 1,000
    VALDOSTA STATE UNIVERSITY
    1500 N PATTERSON STREET
    VALDOSTA,GA31698     		NONE I SCHOLARSHIP 1,500
    UNIVERSITY OF CINCINNATI
    2600 CLIFTON AVE
    CINCINNATI,OH45221     		NONE I SCHOLARSHIP 14,000
    Total .................................bullet 3a 292,700
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 16,605  
    4 Dividends and interest from securities....     14 106,098  
    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 ............     		    18 265,146  
    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).. 0 387,849 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    387,849
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,600 0   4,600

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Name of Bond End of Year Book Value End of Year Fair Market Value
    APPLE INC 58,429 62,934
    WELLS FARGO & CO 61,787 61,955

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Name of Stock End of Year Book Value End of Year Fair Market Value
    A O SMITH 13,146 13,595
    ABB LTD -SPONS ADR 12,568 13,505
    ABBVIE INC 11,095 15,537
    ACCELERON PHARMA INC 11,666 15,865
    ACI WORLDWIDE INC 6,633 11,183
    ACTIVISION BLIZZARD INC 6,667 10,492
    ACUSHNET HOLDINGS CORP 17,146 29,310
    ADOBE SYSTEMS INC 20,017 87,263
    ADVANCED ENERGY INDS INC 5,725 8,630
    AECOM 13,527 15,930
    AGCO CORP 8,391 8,453
    AGREE REALTY CORP 15,986 17,977
    AIA GROUP LTD 15,701 28,741
    AIR LIQUIDE ADR 3,024 4,966
    AIRBUS SE ADR 11,831 11,201
    ALBANY INTERNATIONAL 10,444 12,188
    ALEXANDRIA REAL ESTATE 12,098 15,683
    ALIGN TECH INC 15,639 33,894
    ALLETE INC COM 20,974 18,086
    ALLSTATE CORP 15,551 17,589
    ALLY FINANCIAL INC 17,287 24,106
    ALPHABET INC VOTING 14,090 28,144
    ALPHABET INC NON VOTING 30,636 82,728
    AMAZON COM INC 44,171 140,696
    AMDOCS LTD 24,749 27,671
    AMERICA MOVIL SAB DE CV 2,642 2,981
    AMERICAN ASSETS TR INC 2,676 2,975
    AMERICAN CAMPUS 2,625 3,293
    AMERICAN HOMES 4 RENT 14,429 17,760
    AMERICAN TOWER CORP 34,945 52,075
    AMERIPRISE FINANCIAL 7,634 10,105
    ANHEUSER BUSCH INBEV 6,525 9,717
    ANTHEM INC 4,371 5,459
    AON PLC 4,822 5,704
    APARTMENT INCOME 0 8,258
    APARTMENT INVT & MGMT CO 12,325 1,135
    APPLE HOSPITALITY REIT 2,919 2,969
    APPLE INC 37,022 111,194
    APPLIED MATERIALS INC 17,389 25,088
    ARGENX SE ADR 5,242 9,746
    ARISTA NETWORKS INC 9,821 13,366
    ARROWHEAD 4,241 23,863
    ASAHI KAISEI CORP ADR 9,316 9,202
    ASML HOLDING NV 19,504 51,215
    ASSA ABLOY AB - ADR 3,571 4,219
    ASSURED GUARANTY LTD 16,991 14,548
    ASTRAZENECA PLC 11,874 20,920
    AT & T INC 11,523 9,807
    ATRICURE INC 9,204 11,301
    AUTONATION INC 8,464 9,910
    AVALONBAY COMMUNITIES 25,750 21,337
    AVERY DENNISON CORP 13,212 20,164
    B&M EUROPEAN VALUE ADR 4,239 4,656
    BANCO BILBAO VIZCAYA 8,468 8,467
    BANK OF AMERICA CORP 19,294 24,945
    BANK OZK 32,380 29,581
    BAUSCH HEALTH COS INC 18,404 18,450
    BEIGENE LTD SPON ADR 13,310 20,671
    BERRY GLOBAL GROUP INC 14,125 17,082
    BIOMARIN PHARMACEUTICAL 22,603 24,728
    BLACKLINE INC 4,362 9,470
    BLACKROCK INC 7,177 7,215
    BLUEBIRD BIO INC 11,658 4,600
    BOSTON PROPERTIES INC 4,038 3,498
    BOSTON SCIENTIFIC CORP 19,242 17,256
    BRANDYWINE REALTY TRUST 2,949 2,263
    BRISTOL MYERS SQUIBB 20,584 20,966
    BRITISH AMERN TOB PLC 12,780 13,309
    BROADCOM INC 17,604 23,701
    BROADSTONE NET LEASE INC 599 705
    BRUNSWICK CORP 21,098 29,657
    CABLE ONE INC 25,878 31,188
    CAMDEN PROPERTY TRUST 10,111 11,091
    CANADIAN NATL RY CO 3,742 5,932
    CARDINAL HEALTH INC 6,299 7,070
    CARLSBERG AS-B 15,656 22,909
    CARMAX INC 11,957 12,374
    CATHAY GENERAL BANCORP 18,403 17,093
    CHAMPIONX CORP 13,290 12,102
    CHOICE HOTELS INTL INC 1,771 2,241
    CHURCHILL DOWNS INC 4,483 9,555
    CIMAREX ENERGY CO 10,578 8,177
    CITIGROUP INC NEW 24,479 24,047
    CITIZENS FINANCIAL GRP 13,675 19,167
    COCA-COLA COMPANY 13,555 14,807
    COGNEX CORP 8,341 13,408
    COMCAST CORP NEW CL A 4,198 5,975
    COMFORT SYS USA INC 4,610 5,161
    COMPAGNIE FINANCIERE 7,075 6,542
    CONMED CORPORATION 14,717 21,280
    CONOCOPHILLIPS 9,408 6,038
    CORESITE REALTY CORP 5,087 5,763
    COSTCO WHSL CORP NEW 9,075 23,742
    COUSINS PPTYS INC NEW 9,001 8,744
    CRANE COMPANY 16,090 15,144
    CUBESMART 5,635 6,890
    CULLEN FROST BANKERS INC 15,456 14,480
    CUMMINS INC 14,164 14,534
    CYRUSONE INC 23,158 28,675
    D R HORTON INC 12,414 14,060
    DAIICHI SANKYO CO LTD 4,302 7,067
    DAIKIN INDUSTRIES LTD - 3,973 7,034
    DANAHER CORP 11,615 15,106
    DAVITA INC 5,322 7,748
    DBS GROUP HOLDINGS 6,178 6,160
    DEUTSCHE BOERSE AG-UNSPO 3,816 4,817
    DIAGEO PLC 9,650 10,640
    DIAMONDBACK ENERGY INC 3,668 7,558
    DIAMONDROCK HOSPITALITY 1,428 2,228
    DICKS SPORTING GOODS 7,681 11,692
    DIGITAL REALTY TRUST INC 4,609 4,604
    DISNEY WALT COMPANY 5,824 7,428
    DNB ASA 8,255 9,707
    DOLBY LABORATORIES INC 10,283 17,483
    DONALDSON COMPANY INC 5,328 6,538
    DSV A/S UNSP ADR 3,464 9,746
    EAST WEST BANCORP INC 27,054 29,260
    EASTGROUP PPTYS INC 10,311 15,049
    EBAY INC 10,146 9,598
    EMCOR GROUP INC 9,857 13,353
    ENEL SOCIETA PER AZIONI 13,233 22,462
    ENERGIZER HLDGS INC 14,707 13,709
    ENGIE SPON ADR 3,578 4,238
    ENPRO INDUSTRIES INC 4,516 7,023
    ENTEGRIS INC 4,815 20,469
    ENVESTNET INC 7,615 10,451
    EOG RESOURCES INC 6,048 5,785
    EQUINIX INC 30,956 57,849
    EQUITABLE HOLDINGS INC 21,067 24,413
    EQUITY LIFESTYLE PROP 6,512 8,173
    EQUITY RESIDENTIAL 4,179 3,735
    ESSEX PROPERTY TRUST INC 19,989 18,281
    ESSILOR INTL-SPONSORED 14,069 16,019
    ETSY INC 10,563 40,680
    EVERBRIDGE INC 6,728 10,882
    EXACT SCIENCES CORP 6,950 11,394
    EXELIXIS INC 14,753 13,708
    EXTRA SPACE STORAGE INC 8,954 10,427
    FACEBOOK INC 36,102 83,631
    FEDERAL AGRICULTURAL 8,881 8,465
    FEDEX CORPORATION 24,366 25,443
    FIBROGEN INC 7,602 6,342
    FIRST INDL RLTY TR INC 3,862 4,550
    FISERV INC 10,716 11,272
    FLUTTER ADR 3,042 4,276
    FNF GROUP 24,463 28,731
    FOOT LOCKER INC 13,849 14,275
    FORTINET INC 4,956 17,081
    FORTUNE BRANDS HOME 4,955 6,772
    FOUR CORNERS PROPERTY 10,350 12,950
    FREEPORT-MCMORAN INC 11,485 22,741
    FULLER H B CO 4,811 5,032
    GALAPAGOS NV-SPON ADR 12,764 7,350
    GENERAC HOLDINGS INC 16,264 18,648
    GENERAL MOTORS CO 6,909 6,871
    GENMAB A/S SPON ADR 6,455 16,508
    GIVAUDAN-UNSPON-ADR 8,128 14,681
    GODADDY INC CLASS A 15,806 17,420
    GRACO INCORPORATED COM 6,682 11,359
    GRIFOLS S.A. 3,309 3,367
    GUARDANT HEALTH INC 5,393 10,697
    GUIDEWIRE SOFTWARE INC 4,847 10,298
    HASBRO INC 18,683 19,924
    HDFC BANK LTD-ADR 4,366 6,720
    HEALTHCARE REALTY TR INC 4,654 4,588
    HEALTHCARE TR AMER INC 13,915 13,610
    HERMES INTERNATIONAL-ADR 5,814 9,623
    HILL-ROM HOLDINGS INC 10,047 10,777
    HOLLYFRONTIER CORP 9,608 8,737
    HOME DEPOT INC 31,905 51,530
    HONG KONG EXCHANGES AND 6,342 9,908
    HOYA CORPORATION 5,355 10,132
    HUBBELL INC 9,220 11,916
    HUNTINGTON INGALLS 13,636 13,127
    HUNTSMAN CORP 15,320 17,447
    HUTCHISON CHINA ADR 5,095 5,251
    HYATT HOTELS CORP 11,808 15,593
    IBERDROLA SA-SPONSORED 9,430 16,963
    IDACORP INC 5,502 5,186
    IHS MARKIT LTD 13,542 21,919
    ILLUMINA INC 7,902 10,360
    INARI MED INC 7,772 9,689
    INDUSTRIA DE DISENO 8,542 8,389
    INGREDION INCORPORATED 21,035 17,386
    INSPERITY INC 13,074 10,178
    INTERPUBLIC GRP CO INC 6,415 7,056
    INVITATION HOMES INC 17,999 23,314
    IQVIA HLDGS INC 16,716 19,171
    IRHYTHM TECHNOLOGIES INC 7,349 22,298
    JABIL INC 10,476 12,589
    JACK HENRY & ASSOC INC 9,230 11,339
    JAMES RIVER GRP HOLDINGS 16,967 21,823
    JARDINE MATHESON HLDGS 3,959 5,341
    JOHN WILEY & SONS INC CL 6,118 6,073
    JOHNSON & JOHNSON 15,775 20,617
    JPMORGAN CHASE & CO 14,932 23,254
    KERING S A 9,795 20,793
    KEYENCE CORP 16,673 34,768
    KILROY RLTY CORP 5,979 4,822
    KONINKLIJKE PHILIPS 6,353 8,180
    LAM RESEARCH CORP 7,564 10,920
    LCI INDUSTRIES 16,147 27,233
    LEIDOS HOLDINGS INC 19,399 23,862
    LENNAR CORPORATION 12,961 15,703
    LINCOLN ELECTRIC HLDGS 13,315 18,251
    LITHIA MTRS INC 5,896 7,024
    LITTELFUSE INC 17,555 23,683
    LIVE NATION 6,747 11,169
    LONDON STOCK ADR 13,805 26,540
    LOREAL CO ADR 8,656 16,981
    LOWES COMPANIES INC 13,069 12,359
    LPL FINANCIAL HOLDINGS 15,160 23,762
    LVMH MOET HENNESSY 4,277 8,856
    MANTECH INTL CORP -A 4,112 5,336
    MASTERCARD INC CL A 27,288 61,394
    MCKESSON CORPORATION 16,022 19,305
    MEDICAL PROPERTIES TRUST 12,042 14,033
    MERCADOLIBRE INC 3,749 15,111
    MERCK & CO INC NEW 13,826 17,751
    METLIFE INC 5,246 6,010
    MICRON TECHNOLOGY INC 8,855 14,171
    MICROSOFT CORP 36,442 95,566
    MKS INSTRUMENTS INC 17,288 30,391
    MOHAWK INDS INC 16,252 22,693
    MOLINA HEALTHCARE INC 9,839 15,526
    MONOLITHIC POWER SYSTEMS 3,104 6,592
    MOSAIC COMPANY 10,753 13,760
    MSA SAFETY INC 10,956 20,018
    MURATA MANUFACTURING-ADR 3,299 6,955
    NATIONAL HEALTH INVS INC 9,396 8,992
    NESTLE S A REG ADR 14,704 19,908
    NEUROCRINE BIOSCIENCES 13,666 12,173
    NEW YORK TIMES CL A COM 10,059 15,738
    NEXTERA ENERGY INC 10,038 11,495
    NIDEC CORPORATION-ADR 5,242 10,081
    NIPPON TELEGRAPH & 7,493 7,556
    NITORI HLDGS CO LTD 6,005 6,460
    NORDSON CORP 21,791 35,769
    NOVO NORDISK A S ADR 13,832 23,609
    NOVOCURE LTD 8,993 17,889
    NVENT ELECTRIC PLC 16,403 17,468
    NVIDIA CORP 28,173 59,349
    OKTA INC 10,012 18,652
    ONE GAS INC 3,705 3,071
    ORACLE CORPORATION 6,471 6,987
    PACKAGING CORP OF AMER 13,396 19,169
    PAPA JOHNS INTL INC 4,256 4,497
    PARK HOTELS &RESORTS INC 3,162 3,396
    PARKER-HANNIFIN CORP 15,269 16,617
    PAYCOM SOFTWARE INC 7,506 13,568
    PAYPAL HOLDINGS INC 8,937 53,111
    PERFORMANCE FOOD GROUP 3,691 7,713
    PERNOD-RICARD SA-UNSPON 7,839 11,198
    PHIBRO ANIMAL HEALTH 5,336 3,826
    PORTLAND GENERAL 4,844 4,020
    POWER INTEGRATIONS INC 5,058 12,525
    PROCTER & GAMBLE CO 20,888 26,158
    PROLOGIS INC 33,988 48,634
    PROSUS NV ADR 3,432 4,815
    PS BUSINESS PKS INC 7,273 7,574
    PUBLIC STORAGE INC 3,978 4,388
    PULTE GROUP INC 15,379 19,318
    PVH CORP 10,232 16,712
    QUALCOMM INC 10,747 19,158
    QUALYS INC 10,987 15,234
    RAYMOND JAMES FINANCIAL 8,622 14,006
    RECKITT BENCKISER ADR 12,024 13,789
    RECRUIT HOLDINGS CO ADR 3,533 5,593
    REGENCY CENTERS CORP 9,043 6,337
    REGENERON PHARMACEUTICAL 7,765 7,252
    REINSURANCE GROUP OF 12,171 12,170
    RELX PLC ADR 12,443 14,377
    REVOLVE GRP INC CL A 9,335 10,411
    REXFORD IND REALTY INC 4,813 5,746
    RIO TINTO PLC 3,281 4,062
    RITCHIE BROS 6,059 6,538
    ROYAL KPN N V 8,452 7,985
    RPM INTERNATIONAL INC 8,560 14,434
    S&P GLOBAL INC 8,403 17,423
    SABRA HEALTH CARE REIT 5,558 5,454
    SAFRAN SA-UNSPON ADR 13,488 22,411
    SALESFORCE.COM 16,468 42,058
    SAP SE-SPONSORED ADR 13,141 16,299
    SAUL CENTERS INC 1,504 855
    SCHWAB CHARLES CORP NEW 9,849 16,814
    SEAWORLD ENTERTAINMENT 9,339 11,372
    SEMTECH CORP 7,001 9,588
    SERVICENOW INC 8,209 67,152
    SERVISFIRST BANCSHARES 14,363 17,002
    SHIN-ETSU CHEMICAL ADR 9,199 17,944
    SHIONOGI & CO LTD ADR 9,162 9,700
    SHOCKWAVE MEDICAL INC 9,251 9,646
    SIMON PROPERTY GROUP 10,529 4,861
    SMC CORP/JAPAN 8,823 15,904
    SNAP-ON INC 14,672 16,429
    SNOWFLAKE INC 6,166 6,754
    SOFTBANK GROUP CORP 7,930 12,565
    SPIRE INC 6,827 5,443
    SPLUNK INC 8,896 22,271
    STERIS PLC 15,505 23,882
    STMICROELECTRONICS N V 5,776 6,719
    STORE CAPITAL CORP 24,358 31,398
    STRAUMANN HOLDING AG ADR 7,611 11,575
    SUN COMMUNITIES INC 10,909 15,043
    SUZUKI MOTOR CORP ADR 4,722 5,045
    SYNCHRONY FINANCIAL 13,027 20,340
    SYNNEX CORP 8,411 5,782
    TAIWAN SEMICONDUCTOR 10,632 37,728
    TARGA RESOURCES CORP 18,149 10,420
    TELEFLEX INCORPORATED 6,115 9,055
    TENCENT HOLDINGS LTD- 12,121 17,829
    TERADYNE INCORPORATED 5,636 11,327
    TERRENO REALTY CORP 14,120 17,085
    TERUMO CORP-UNSPON ADR 7,841 9,644
    TESLA INC 6,737 7,210
    TFI INTERNATIONAL INC 5,846 7,015
    THERMO FISHER SCIENTIFIC 15,481 23,289
    TIMKEN COMPANY 8,690 13,383
    TOKYO ELECTRON LTD-UNSPN 4,714 5,054
    TOPBUILD CORP 7,196 8,652
    TOTAL SE ADR 7,501 6,580
    TRACTOR SUPPLY COMPANY 9,413 17,156
    TRADE DESK INC/THE 9,390 40,075
    TRANSUNION 13,995 24,706
    ULTA BEAUTY INC 11,417 15,002
    UNICHARM CORP 9,727 14,481
    UNILEVER PLC SPONS ADR 3,264 3,139
    UNITEDHEALTH GROUP 17,130 35,068
    UNIVERSAL DISPLAY CORP 6,481 10,610
    VERACYTE INC 4,613 9,250
    VERIZON COMMUNICATIONS 5,858 6,521
    VICI PPTYS INC 6,240 7,446
    VIKING THERAPEUTICS INC 4,230 1,771
    VISA INC CLASS A 28,441 64,963
    WALMART INC 16,378 26,235
    WASHINGTON TR BANCORP 11,111 9,363
    WASTE CONNECTIONS INC 10,668 15,898
    WELLTOWER INC 21,386 23,005
    WEYERHAEUSER CO 2,401 2,817
    WPX ENERGY INC 9,421 6,887
    XYLEM INC 14,285 19,951
    ZENDESK INC 6,200 11,306
    ZOETIS INC 12,140 28,466
    ZYNGA INC 7,957 13,212
    BRANDES * 740,954 743,397

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    US Government Securities - End of Year Book Value:

    629,166
    US Government Securities - End of Year Fair Market Value:

    670,921
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS AT COST 20,025 20,010

    TY 2020 LegalFeesSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 10,570 0   10,570


    TY 2020 OtherAssetsSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID TAX 2,460 2,460 2,460


    TY 2020 OtherExpensesSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MEETING EXPENSES/WEBSITE 308 0   308


    TY 2020 OtherLiabilitiesSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Description Beginning of Year - Book Value End of Year - Book Value
    UNSETTLED INVESTMENT ACTIVITY NET 5,232 1,946
    RETURN OF CAPITAL ADJUSTMENT 7,842 10,643


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 98,995 98,995   0


    TY 2020 TaxesSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 2,091 2,091   0
    EXCISE TAX 877 0   0
    EXCISE TAX ESTIMATES 3,320 0   0