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
THE RILEY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)4518 POPLAR SPRINGS DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Meridian, MS39305
A Employer identification number

64-0707746
B Telephone number (see instructions)

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$87,046,199J 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 757,525 757,525  
4 Dividends and interest from securities... 1,102,052 1,102,052  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -7,899,028
b Gross sales price for all assets on line 6a 21,931,174
7 Capital gain net income (from Part IV, line 2)... 8,110,674
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 74,846 74,846  
12 Total. Add lines 1 through 11........ -5,964,605 10,045,097  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 681,500 154,600   437,100
14 Other employee salaries and wages...... 71,300 7,130   57,040
15 Pension plans, employee benefits....... 173,125 18,874   129,246
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 27,350 6,838   6,838
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 162,912      
19 Depreciation (attach schedule) and depletion... Click to see attachment 99,352    
20 Occupancy.............. 73,842 14,768   44,305
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 69,780 7,077   48,011
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,359,161 209,287   722,540
25 Contributions, gifts, grants paid....... 1,028,475 3,179,569
26 Total expenses and disbursements. Add lines 24 and 25 2,387,636 209,287   3,902,109
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -8,352,241
b Net investment income (if negative, enter -0-) 9,835,810
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,442,861 1,655,440 1,655,440
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.......... 38,145 16,537 16,537
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 57,471,627 Click to see attachment62,986,907 62,986,907
c Investments—corporate bonds (attach schedule)....... 16,851,285 Click to see attachment18,657,910 18,657,910
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 188,094 Click to see attachment204,405 204,405
14 Land, buildings, and equipment: basis bullet3,808,940
Less: accumulated depreciation (attach schedule) bullet2,005,475 1,879,074 Click to see attachment1,803,465 3,525,000
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 77,871,086 85,324,664 87,046,199
Liabilities 17 Accounts payable and accrued expenses.......... 1,991 1,543
18 Grants payable................. 10,126,797 7,975,703
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) 433,547 Click to see attachment459,741
23 Total liabilities (add lines 17 through 22)......... 10,562,335 8,436,987
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........... 67,308,751 76,887,677
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 67,308,751 76,887,677
30 Total liabilities and net assets/fund balances (see instructions). 77,871,086 85,324,664
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
67,308,751
2
Enter amount from Part I, line 27a .....................
2
-8,352,241
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
17,931,167
4
Add lines 1, 2, and 3 ..........................
4
76,887,677
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
76,887,677
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 21,931,175   13,820,501 8,110,674
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       8,110,674
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 8,110,674
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................................ 1 136,718
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........................... 3 136,718
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- ..... 5 136,718
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 143,228
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.............. 7 143,228
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 6,510
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet6,510 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$   (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)
    bulletMS
    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 addressbulletWWW.RILEYFOUNDATION.ORG
    14
    The books are in care ofbulletBECKY G FARLEY Telephone no.bullet (601) 481-1430

    Located atbullet4518 POPLAR SPRINGS DRMeridianMS ZIP+4bullet39305
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ROBERT B DEEN Jr PRESIDENT COO
    30.00     		173,000 65,845 0
    4518 POPLAR SPRINGS DRIVE
    Meridian,MS39305
    MARTY DAVIDSON CHAIRMAN CEOTREASURER
    20.00     		170,000 0 0
    4518 POPLAR SPRINGS DRIVE
    Meridian,MS39305
    MALCOLM PORTERA VPSECRETARY
    10.00     		60,000 0 0
    4518 POPLAR SPRINGS DRIVE
    Meridian,MS39305
    BECKY G FARLEY EXECUTIVE DIRECTOR
    40.00     		117,000 52,322 0
    4518 POPLAR SPRINGS DRIVE
    Meridian,MS39305
    EDWIN DOWNER DIRECTOR
    5.00     		20,250 0 0
    4518 POPLAR SPRINGS DRIVE
    Meridian,MS39305
    TOMMY DULANEY DIRECTOR
    5.00     		21,000 0 0
    4518 POPLAR SPRINGS DRIVE
    Meridian,MS39305
    MANNY MITCHELL DIRECTOR
    5.00     		20,000 0 0
    4518 POPLAR SPRINGS DRIVE
    Meridian,MS39305
    CHRISTINE RILEY DIRECTOR
    5.00     		20,000 0 0
    4518 POPLAR SPRINGS DRIVE
    Meridian,MS39305
    GAIL W RILEY DIRECTOR
    5.00     		20,000 0 0
    4518 POPLAR SPRINGS DRIVE
    Meridian,MS39305
    MARY A RILEY DIRECTOR
    5.00     		20,000 0 0
    4518 POPLAR SPRINGS DRIVE
    Meridian,MS39305
    RICHARD F RILEY Jr DIRECTOR
    5.00     		20,000 0 0
    4518 POPLAR SPRINGS DRIVE
    Meridian,MS39305
    WAYNE HENSON DIRECTOR
    5.00     		20,250 0 0
    4518 POPLAR SPRINGS DRIVE
    Meridian,MS39305
    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
    BEVERLY J BRYSON ADMINISTRATIVE ASSIS
    40.00     		71,300 29,423 0
    7969 KING ROAD
    Meridian,MS39305
    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.............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  
    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
    83,432,068
    b
    Average of monthly cash balances.......................
    1b
    2,373,263
    c
    Fair market value of all other assets (see instructions)................
    1c
    290,576
    d
    Total (add lines 1a, b, and c).........................
    1d
    86,095,907
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    86,095,907
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,291,439
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    84,804,468
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,240,223
    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
    4,240,223
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    136,718
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    136,718
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,103,505
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,103,505
    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
    4,103,505
    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
    3,902,109
    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
    23,744
    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
    3,925,853
    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
    3,925,853
    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 4,103,505
    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...... 197,899
    b From 2016...... 321,407
    c From 2017...... 446,049
    d From 2018...... 803,119
    e From 2019...... 415,813
    fTotal of lines 3a through e........ 2,184,287
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 3,925,853
    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..... 3,925,853
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020. 177,652 177,652
    (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 2,006,635
    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) ...     		20,247
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,986,388
    10 Analysis of line 9:
    a Excess from 2016.... 321,407
    b Excess from 2017.... 446,049
    c Excess from 2018.... 803,119
    d Excess from 2019.... 415,813
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    BECKY G FARLEY
    4518 POPLAR SPRINGS DR
    Meridian,MS39305
    (601) 481-1430
    INFO@RILEYFOUNDATION.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS ARE ONLY AVAILABLE ONLINE AND MUST BE SUBMITTED THROUGH THE FOUNDATIONS WEBSITE - WWW.RILEYFOUNDATION.ORG
    cAny submission deadlines:
    REFER TO WEBSITE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE FOUNDATIONS PRIMARY FOCUS IS HEALTHCARE,EDUCATION,CULTURAL,ENVIRONMENTAL & ECONOMIC CONDITIONS FOR THE PEOPLE OF MERIDIAN AND LAUDERDALE COUNTY MISSISSIPPI.
    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
    ANDERSON REGIONAL MEDICAL CENTER
    2124 14TH STREET
    Meridian,MS39301     		    COVID VENTILATORS & FREEZERS 206,000
    BOY SCOUTS OF AMERICA
    4818 NORTH PARK DR
    Meridian,MS39305     		    TORNADO DAMAGE TO DINING HALL 12,000
    BOYS GIRLS CLUB OF EAST MS
    1717 45TH AVE
    Meridian,MS39307     		    SUMMER WORK PROGRAM 4,000
    CARE LODGE DOMESTIC VIOLENCE
    1627 23RD AVE
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    COMMUNITY FOUNDATION OF EAST MS
    4817 NORTH PARK DRIVE
    Meridian,MS39305     		    SUMMER WORK PROGRAM 4,000
    EAST MS BUSINESS DEVELOPMENT
    1901 FRONT STREET - SUITE A
    Meridian,MS39302     		    OPERATING EXPENSES 5,000
    EAST MS FOOTHILLS LAND TRUST
    920 20TH AVE
    Meridian,MS39302     		    SUMMER WORK PROGRAM 4,000
    FEED BY FAITH
    3401 5TH STREET
    Meridian,MS39307     		    COVID RELATED INCREASES IN VOLUME 25,000
    FREE CLINIC OF MERIDIAN
    4707 POPLAR SPRINGS DR
    Meridian,MS39305     		    SUMMER WORK PROGRAMOPERATING EXPENSES 14,000
    JIMMIE RODGERS FOUNDATION
    FRONT STREET
    Meridian,MS39301     		    JIMMIE RODGERS FESTIVAL 10,000
    LAUDERDALE BAPTIST CRISIS CENTER
    PO BOX 549
    Marion,MS39342     		    COVID FOOD BAGS FOR ELDERLY 5,000
    LOVE INC
    801 18TH AVE
    Meridian,MS39301     		    INCREASES IN VOLUME DUE TO COVID 25,000
    MERIDIAN ART ASSOCIATION
    628 25TH AVE
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    MERIDIAN PUBLIC SCHOOL DISTRICT
    1019 25TH AVE
    Meridian,MS39301     		    ARTS EDUCATION EXPANSION 25,000
    MERIDIAN RESTORATION FOUNDATION
    905 DR MARTIN LUTHER KING DR
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    MERIDIAN SYMPHONY ASSOCIATION
    2120 5TH ST - SUITE A
    Meridian,MS39301     		    60TH ANNIVERSARY HIGH PROFILE ARTIST 40,000
    ALDERSGATE RETIREMENT COMMUNITY
    6600 POPLAR SPRINGS DR
    Meridian,MS39305     		    SUNDAY FUND MEMORIAL 250
    MISSISSIPPI ARTS ENTERTAINMENT
    2155 FRONT ST
    Meridian,MS39301     		    OPERATING & SUMMER WORK 504,000
    MISSISSIPPI CHILDRENS MUSEUM
    403 22ND AVE
    Meridian,MS39301     		    CONSTRUCTION EXHIBITS OPERATING & SUMMER WORK 204,000
    MS INDUSTRIAL HERITAGE MUSEUM
    1808 4TH STREET
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    MS JUNIOR MISS PROGRAM
    PO BOX 582
    Meridian,MS39302     		    SUMMER WORK PROGRAM 4,000
    MS STATE UNIVERSITY FOUNDATION
    2200 5TH STREET
    Meridian,MS39301     		    PROGRAMSSCHOLARSHIPSSUMMERWORK&PERFORMING ARTS 1,764,319
    MONTGOMERY INSTITUTE
    700 23RD AVE
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    MULTI-COUNTY COMMUNITY SERVICE
    2906 ST PAUL ST
    Meridian,MS39301     		    HOMELSS OUTREACH & SUMMER WORK PROGRAM 54,000
    RUSH MEDICAL FOUNDATION
    1314 19TH AVE
    Meridian,MS39301     		    COVID VENTILATORS & GLIDESCOPES 195,000
    THE SALVATION ARMY
    PO BOX 422
    Meridian,MS39302     		    COVID FOOD DRIVES 25,000
    SOUTHEASTERN COUNCIL OF FOUNDATIONS
    100 PEACHTREE ST
    Atlanta,GA30303     		    OPERATING SUPPORT 9,000
    STATE GAMES OF MS
    5201 14TH ST
    Meridian,MS39307     		    SUMMER WORK PROGRAM 4,000
    CITY OF MERIDIAN HOUSING AUTHORITY
    4817 NORTH PARK DR - SUITE B
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    UNITED WAY OF EAST MS
    4817 NORTH PARK DR - SUITE B
    Meridian,MS39305     		    SUMMER WORK PROGRAM 4,000
    WESLEY HOUSE COMMUNITY CENTER
    PO BOX 1207
    Meridian,MS39302     		    COVID FOOD DRIVES 5,000
    Total .................................bullet 3a 3,175,569
    bApproved for future payment
    MISSISSIPPI ARTS ENTERTAINMENT
    2155 FRONT ST
    Meridian,MS39301     		    OPERATING 2,000,000
    MISSISSIPPI CHILDRENS MUSEUM
    403 22ND AVE
    Meridian,MS39301     		    CONSTRUCTION EXHIBITS & OPERATING 3,800,000
    MS STATE UNIVERSITY FOUNDATION
    2200 5TH STREET
    Meridian,MS39301     		    RENOVATIONS TO KINESIOLOGY BLDG&PA PROGRAM SUPPORT 2,806,250
    Total .................................bullet 3b 8,606,250
    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 ...........     		    14 757,525  
    4 Dividends and interest from securities....     14 1,102,052  
    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.....     14 74,846  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -7,899,028  
    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)..   -5,964,605  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -5,964,605
    (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:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING AUDITING & 990 27,350 6,838 0 6,838

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

    TY 2020 DepreciationSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    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
    LAND 2000-06-18 203,313 0 NDA   0 0 0  
    BUILDING 2000-06-18 3,066,860 1,495,098 SL 40 76,671 0 0  
    ADDITIONAL COMPLETION 2001-06-14 13,858 6,402 SL 40 346 0 0  
    DOUBLE GATE 2013-09-01 8,248 3,483 SL 15 550 0 0  
    HAVAC SYSTEM 2014-02-28 47,500 13,063 SL 20 2,375 0 0  
    BINDING SYSTEM 1999-08-02 300 300 SL 5 0 0 0  
    PROJECTOR 2001-08-16 4,815 4,815 SL 7 0 0 0  
    CANON POWERSHOT 2003-01-24 922 922 SL 5 0 0 0  
    OFFICE SHREDDER 2006-05-17 460 460 SL 5 0 0 0  
    LAPTOP-BECKY 2009-09-01 1,679 1,679 SL 5 0 0 0  
    DESKTOP COMPUTER-BECKY 2010-05-26 1,503 1,503 SL 5 0 0 0  
    SERVERBEVERLY 2010-08-03 6,892 6,892 SL 5 0 0 0  
    HVAC REPAIRS CASSETTS 2011-03-15 22,075 19,314 SL 10 2,207 0 0  
    APPLE MACBOOK 2011-03-15 1,485 1,485 SL 5 0 0 0  
    SAVIN COPIER 2011-09-13 8,440 8,440 SL 5 0 0 0  
    EXERCISE EQUIPMENT 2012-10-09 3,554 2,574 SL 10 355 0 0  
    WORKSTATION HP 2013-02-27 2,276 2,276 SL 5 0 0 0  
    GIFTS SOFTWARE PROGRAM 2014-02-26 5,885 5,885 SL 5 0 0 0  
    HP WORKSTATION BECKY 2014-04-25 2,536 2,536 SL 5 0 0 0  
    HP WORKSTATION BEV 2014-05-19 1,279 1,279 SL 5 0 0 0  
    PHONE SYSTEM 2015-06-18 11,304 10,174 SL 5 1,130 0 0  
    SMOKE DETECTORS 2015-06-18 2,478 2,232 SL 5 246 0 0  
    CAMERA SYSTEM 2015-06-18 3,488 3,141 SL 5 347 0 0  
    ACCESS CONTROL 2015-06-18 3,294 2,965 SL 5 329 0 0  
    BURGLAR ALARM SYSTEM 2015-06-18 3,923 3,532 SL 5 391 0 0  
    COMPUTER BOB 2015-10-30 2,129 1,775 SL 5 354 0 0  
    LAPTOP BOB 2015-10-30 2,534 2,112 SL 5 422 0 0  
    COMPUTER BECKY 2015-10-30 8,399 7,000 SL 5 1,399 0 0  
    CANON COLOR PRINTERS 2016-05-10 2,100 1,470 SL 5 420 0 0  
    CAMERAS SECURITY 2016-09-19 5,238 3,668 SL 5 1,048 0 0  
    CAMERAS AND MONITORS 2018-02-13 2,987 896 SL 5 597 0 0  
    CAMERAS AND SENSORS 2018-02-28 1,129 339 SL 5 226 0 0  
    COPIER 2019-07-16 10,589 1,059 SL 5 2,118 0 0  
    HDTVSOUND 2019-10-22 2,394 239 SL 5 479 0 0  
    PAINTING PINES 1999-09-07 800 800 SL 10 0 0 0  
    FURNISHINGS 2000-06-17 259,815 259,815 SL 10 0 0 0  
    MUGSCOASTERS 2000-06-17 671 671 SL 5 0 0 0  
    BOOKSHELVES W RILEY 2000-10-23 5,003 5,003 SL 10 0 0 0  
    FURNISHINGS 2002-11-08 6,175 6,175 SL 10 0 0 0  
    SIDE CHAIRS BECKY 2002-12-26 1,400 1,400 SL 10 0 0 0  
    DESK CHAIR BECKY 2005-06-15 1,176 1,176 SL 10 0 0 0  
    FURNISHINGS 2005-08-24 5,385 5,385 SL 10 0 0 0  
    PAINTINGS BOARD ROOM 2011-01-19 10,000 8,917 SL 10 1,000 0 0  
    CARPET 2011-08-16 6,033 5,025 SL 10 603 0 0  
    TABLES BOARD ROOM 2011-09-13 3,895 3,212 SL 10 389 0 0  
    FRAMED PHOTOS 2012-03-20 1,867 1,449 SL 10 187 0 0  
    DISHWASHER 2012-05-07 1,163 880 SL 10 116 0 0  
    BOARD ROOM CHAIRS 2015-03-15 13,045 6,194 SL 10 1,304 0 0  
    REFRIGERATOR 2016-10-20 2,405 840 SL 10 240 0 0  
    FIRE ALARM SYSTEM 2018-06-20 8,266 1,240 SL 10 827 0 0  
    SECURITY SYSTEM 2018-06-20 8,470 1,270 SL 10 847 0 0  
    TV CABINETBOARD ROOM 2019-10-22 6,420 321 SL 10 642 0 0  
    SOUNDVIDEO CONFERENCE SYSTEM 2020-03-04 15,803 0 SL 10 790 0 0  
    SOUNDVIDEO CONFERENCE SYSTEM PART II 2020-06-15 7,941 0 SL 10 397 0 0  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN INTL GROUP 460,000 673,951 673,951
    ASSURED GUARANTY 713,000 513,360 513,360
    AT&T INC 400,000 558,348 558,348
    BANK OF AMERICA 510,000 565,876 565,876
    BRIGHTHOUSE FINANCIAL 300,000 313,275 313,275
    BRUNSWICK CORP 8,500 230,520 230,520
    COBANK ACB 300,000 327,750 327,750
    DELL INTERNATIONAL 250,000 369,720 369,720
    DELL INTERNATIONAL 300,000 453,846 453,846
    ENBRIDGE INC 500,000 512,760 512,760
    ENERGY TRANSFER 415,000 486,027 486,027
    ENERGY TRANSFER 350,000 465,262 465,262
    ENTERPRISE PRODS 500,000 506,935 506,935
    EXELON GENERATION 475,000 572,912 572,912
    GENERAL MOTORS CORP 300,000 364,329 364,329
    HEWLETT PACKARD 720,000 949,018 949,018
    JEFFRIES FINANCIAL 550,000 719,477 719,477
    JP MORGAN CHASE 200,000 206,500 206,500
    JP MORGAN CHASE 330,000 349,800 349,800
    KINROSS GOLD 675,000 928,307 928,307
    METLIF INC 600,000 776,064 776,064
    MICRON TECHNOLOGY 700,000 875,623 875,623
    MOTOROLA 400,000 509,384 509,384
    NATIONWIDE 800,000 956,984 956,984
    NEXTERA 32,800 862,640 862,640
    ONEOK 272,000 317,478 317,478
    ONEOK PARTNERS 150,000 189,526 189,526
    STIFEL FINANCIAL 17,000 446,250 446,250
    TECK RESOURCES 300,000 386,847 386,847
    THE SOUTHERN CO 32,900 883,694 883,694
    TIME WARNER 500,000 585,900 585,900
    VIACOMCBS 400,000 578,572 578,572
    VOYA FINANCIAL 200,000 207,800 207,800
    WELLS FARGO 455,000 482,869 482,869
    WESTERN UNION 530,306 530,306
    FORD HOLDINGS 140,000 0 0
    SEAGATE 310,000 0 0
    KINDER MORGAN 550,000 0 0
    CHARTER COMMUNICATION 400,000 0 0

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 18983 SH 2,078,449 2,078,449
    ADVANCED MICRO 9184 SH 842,265 842,265
    AMAZON COM INC 1082 SH 3,523,998 3,523,998
    APPLE INC 103384 SH 13,718,023 13,718,023
    ATMOS ENERGY 4827 SH 460,641 460,641
    BIONTECH 5055 SH 412,084 412,084
    CLOROX COMPANY 1457 SH 294,197 294,197
    COCA COLA COMPANY 1950 SH 106,938 106,938
    DOLLAR GENERAL 616 SH 129,545 129,545
    ELI LILLY & CO 687 SH 115,993 115,993
    FACEBOOK 1553 SH 424,217 424,217
    GENUINE PARTS CO 3460 SH 347,488 347,488
    HOME DEPOT 19556 SH 5,194,465 5,194,465
    JOHNSON & JOHNSON 10000 SH 1,573,800 1,573,800
    KEURIG DR PEPPER 26589 SH 850,848 850,848
    LOCKHEED MARTIN 10244 SH 3,636,415 3,636,415
    LULULEMON 1202 SH 418,332 418,332
    MERCK & CO 3106 SH 254,071 254,071
    MICROSOFT 23920 SH 5,320,286 5,320,286
    MODERNA 24585 SH 2,568,395 2,568,395
    MONDELEZ INTL 20037 SH 1,171,563 1,171,563
    NEOGEN CORP 28680999 SH 2,274,403 2,274,403
    NETFLIX 1676 SH 906,263 906,263
    NEWMONT 6366 SH 381,260 381,260
    NORFOLK SOUTHERN 12301 SH 2,922,841 2,922,841
    NVIDIA CORP 4013 SH 2,095,589 2,095,589
    PROGRESSIVE CORP 1418 SH 140,212 140,212
    PUBLIC STORAGE 7929 SH 1,831,044 1,831,044
    REGENERON PHARM 232 SH 112,081 112,081
    SHERWIN WILLIAMS 9086 SH 6,677,392 6,677,392
    YUM BRANDS 6291 SH 682,951 682,951
    ARCH CAP GROUP 22775 SH 603,538 603,538
    FIRST REPUBLIC BANK 34000 SH 917,320 917,320
    CISCO 4501 SH 0 0
    ENERGY TRANSFER 80384 0 0
    EXXON MOBIL 1929 SH 0 0
    INTUITIVE SURG 524 SH 0 0
    JP MORGAN 7800 SH 0 0
    MARATHON 26700 SH 0 0
    RAYTHEON 18100 SH 0 0
    REALTY INCOM 34568 SH 0 0
    DUKE ENERGY 21000 SH 0 0

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ACCRUED INTEREST   204,405 204,405

    TY 2020 LandEtcSchedule2
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 203,313 0 203,313 200,000
    BUILDING & ADDITIONS 3,136,466 1,597,989 1,538,477 3,100,000
    OFFICE EQUIPMENT 127,172 91,557 35,615 25,000
    FURNISHINGS 341,989 315,929 26,060 200,000


    TY 2020 OtherExpensesSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 25,851 6,463 0 6,463
    OFFICE EXPENSES 8,137 0 0 7,323
    DUES & SUBS 3,759 0 0 3,759
    POSTAGE 187 0 0 168
    TELEPHONE 5,275 528 0 3,957
    TRAVEL 557 56 0 418
    BANK FEES 121 30 0 30
    PROGRAM EXPENSES 25,893 0 0 25,893


    TY 2020 OtherIncomeSchedule2
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP DISTRIBUTIONS 24,517 24,517 0
    OTHER INCOME 50,329 50,329 0


    TY 2020 OtherIncreasesSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Description Amount
    UNREALIZED GAINS 17,931,167


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED TAXES 433,547 459,741


    TY 2020 TaxesSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 136,718 0 0 0
    DEFERRED EXCISE TAXES 26,194 0 0 0