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 MALLIE AND GLENN IRELAND FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3500 COLONNADE PARKWAY NO 200
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BIRMINGHAM, AL35243
A Employer identification number

63-0745196
B Telephone number (see instructions)

(205) 969-7000
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$5,022,098J 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 330 330  
4 Dividends and interest from securities... 161,753 161,753  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -102,168
b Gross sales price for all assets on line 6a 1,192,004
7 Capital gain net income (from Part IV, line 2)... 0
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........ 59,915 162,083  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,950 0   1,950
c Other professional fees (attach schedule).... Click to see attachment 46,876 0   46,876
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,651 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 53,477 0   48,826
25 Contributions, gifts, grants paid....... 308,500 308,500
26 Total expenses and disbursements. Add lines 24 and 25 361,977 0   357,326
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -302,062
b Net investment income (if negative, enter -0-) 162,083
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............. 966,546 144,808 144,808
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,071,658 Click to see attachment4,591,334 4,877,290
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,038,204 4,736,142 5,022,098
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 5,038,204 4,736,142
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 5,038,204 4,736,142
30 Total liabilities and net assets/fund balances (see instructions). 5,038,204 4,736,142
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
5,038,204
2
Enter amount from Part I, line 27a .....................
2
-302,062
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,736,142
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
4,736,142
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 P    
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 1,192,004   1,294,172 -102,168
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       -102,168
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 -102,168
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 2,253
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 2,253
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 2,253
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,320
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 2,320
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 67
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet67 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletAL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMORGAN STANLEY TOM BROWN Telephone no.bullet (205) 969-7000

    Located atbullet3500 COLONNADE PARKEAY SUITE 200BIRMINGHAMAL ZIP+4bullet35243
    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
    KACY IRELAND MITCHELL TRUSTEE
    1.00     		0 0 0
    401 SABAL PALM LANE
    VERO BEACH,FL32963
    MALLIE M IRELAND TRUSTEE
    1.00     		0 0 0
    2840 HASTINGS ROAD
    BIRMINGHAM,AL35223
    NONIE IRELAND BROWN TRUSTEE
    1.00     		0 0 0
    2000 GARDEN PLACE
    BIRMINGHAM,AL35223
    MORGAN STANLEY TOM BROWN AGENT FOR TRUSTEE
    2.00     		0 0 0
    3500 COLONNADE PARKWAY SUITE 200
    BIRMINGHAM,AL35243
    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
    4,449,682
    b
    Average of monthly cash balances.......................
    1b
    346,505
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,796,187
    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
    4,796,187
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    71,943
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,724,244
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    236,212
    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
    236,212
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,253
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,253
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    233,959
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    233,959
    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
    233,959
    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
    357,326
    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
    357,326
    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
    357,326
    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 7 233,959
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016...... 74,967
    c From 2017...... 34,752
    d From 2018...... 61,861
    e From 2019......  
    fTotal of lines 3a through e........ 171,580
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 357,326
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 233,959
    e Remaining amount distributed out of corpus 123,367
    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 5 294,947
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		294,947
    10 Analysis of line 9:
    a Excess from 2016.... 74,967
    b Excess from 2017.... 34,752
    c Excess from 2018.... 61,861
    d Excess from 2019....  
    e Excess from 2020.... 123,367
    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:
    TOM BROWN MORGAN STANLEY
    3500 COLONNADE PARKWAY SUITE 200
    BIRMINGHAM,AL35243
    (205) 969-7000
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN ONLY
    cAny submission deadlines:
    NONE SPECIFIED
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CHARITABLE, RELIGIOUS, EDUCATIONAL, LITERARY AND SCIENTIFIC EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE IRC.
    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
    THE UNIVERSITY OF ALABAMA AT BIRMINGHAM
    1720 2ND AVE S
    BIRMINGHAM,AL352940112     		NONE PC SUPPORT OF RECIPIENT'S FUNCTIONS 33,500
    GLEENWOOD INC
    150 GLENWOOD LANE
    BIRMINGHAM,AL35242     		NONE PC SUPPORT OF RECIPIENT'S FUNCTIONS 55,000
    UNITED WAY OF CENTRAL ALABAMA
    3600 8TH AVE S
    BIRMINGHAM,AL35222     		NONE PC SUPPORT OF RECIEPIENT'S FUNCTIONS 100,000
    ROBINSON FOUNDATION
    2948 PUMP HOUSE ROAD
    BIRMINGHAM,AL35243     		NONE PC SUPPORT OF RECIPIENT'S FUNCTIONS 10,000
    KING'S HOME
    221 KINGS HOME DRIVE
    CHELSEA,AL35043     		NONE PC SUPPORT OF RECIPIENT'S FUNCTIONS 30,000
    RAISING HOPE ACADEMY
    PO BOX 130998
    BIRMINGHAM,AL35213     		NONE PC SUPPORT OF RECIPIENT'S FUNCTIONS 30,000
    THE LOVELADY CENTER
    7916 2ND AVENUE SOUTH
    BIRMINGHAM,AL35206     		NONE PC SUPPORT OF RECIPIENT'S FUNCTIONS 30,000
    GLOBAL TEAMS
    800 TUSKAWILLA ROAD
    WINTER SPRINGS,FL32709     		NONE PC SUPPORT OF RECIPIENT'S FUNCTIONS 10,000
    TRINITY COUNSELING
    1025 MONTGOMERY HWY
    BIRMINGHAM,AL35216     		NONE PC SUPPORT OF RECIPIENT'S FUNCTIONS 5,000
    GRACE HOUSE MINISTRY
    4309 DABARDELEBEN AVE
    FAIRFIELD,AL35064     		NONE PC SUPPORT OF RECIPIENT'S FUNCTIONS 5,000
    Total .................................bullet 3a 308,500
    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 ...........     		    14 330  
    4 Dividends and interest from securities....     14 161,753  
    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 -102,168  
    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 59,915 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    59,915
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    3 N/A
    4 N/A
    8 N/A
    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 MALLIE AND GLENN IRELAND FOUNDATION
    EIN:
    63-0745196
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 1,950 0   1,950

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE MALLIE AND GLENN IRELAND FOUNDATION
    EIN:
    63-0745196
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABB LTD (ABB) 7,188 10,177
    ADIDAS AG(ADDYY) 6,710 7,869
    ADYEN NV UNSPONSRED ADR (ADYEY) 2,380 7,238
    AIA GROUP LTD SPON ADR (AAGIY) 6,062 7,271
    AIRBUS SE UNSPONSORED ADR (EADSY) 7,080 10,819
    AKZONOBEL NV ADR (AKZOY) 7,635 8,871
    ALCON INC (ALC) 3,475 3,563
    AMADEUS IT GROUP S.A ADR (AMADY) 11,119 14,502
    AMER INTL GP INC NEW (AIG) 18,300 12,948
    AMERICAN TOWER REIT COM (AMT) 16,723 17,283
    AMPHENOL CORP NEWCL A(APH) 2,415 3,662
    APOLLOGLOBAL MANAGEMENT INC (APO) 14,448 17,633
    APPLE INC (AAPL) 18,086 44,584
    APTARGROUP INC (ATR) 451 548
    ARCELORMITTAL CL A REGISTRY (MT) 1,618 3,389
    ASML HOLDINGNV NYREGNEW (ASML) 4,910 8,779
    ATLAS COPCO AS A ADR A NEW (ATLKY) 3,615 3,525
    ATLASSIAN CORP PLC CL A (TEAM) 2,968 3,742
    AVALONBAY COMM INC (AVB) 2,013 2,086
    AVISTA CORP (AVA) 1,674 1,887
    AXA ADS (AXAHY) 8,439 9,963
    BAIDU INC ADS (BIDU) 3,696 6,703
    BALFOUR BEATTYPLC SPON ADR (BAFYY) 1,434 1,747
    BANCO BILBAO VIZ ARG SA ADS (BBVA) 8,587 10,512
    BANK OF AMERICA CORP (BAC) 19,338 20,065
    BARCLAYS PLC ADR (BCS) 4,370 7,431
    BASF SE SP ADR (BASFY) 11,892 13,855
    BAXTER INTL INC (BAX) 1,766 1,765
    BAYER AGSPON ADR (BAYRY) 5,638 4,363
    BECTON DICKINSON & CO (BDX) 14,186 15,514
    BEIERDORF AG UNSPNS ADR (BDRFY) 8,152 8,489
    BERKLEYWR CORP (WRB) 810 863
    BLACKSTONE GROUP INC CL A(BX) 20,401 26,831
    BNP PARIBAS SP ADR REPSTG(BNPQY) 5,737 7,823
    BOSTON PROPERTIES INC (BXP) 8,910 10,398
    BP PLC ADS (BP) 6,540 4,843
    BRITISH AMER TOB SPON ADR (BTI) 9,727 9,298
    BROADCOM INC (AVGO) 6,898 13,573
    BURBERRYGROUP PLC SPONS ADR (BURBY) 6,057 5,403
    CAIXABANK UNSPON ADR (CAIXY) 8,000 8,112
    CAL MAINE FOODS INC (CALM) 6,568 6,006
    CALAVOGROWERS INC (CVGW) 953 903
    CALIF WATER SVC GP DEL (CWT) 1,725 1,999
    CARREFOUR SA SPONSORED ADR (CRRFY) 4,503 4,627
    CBRE GROUP INC CL A (CBRE) 398 564
    CELLNEX TELECOM SA UNS ADR (CLLNY) 2,545 2,619
    CHARLES SCHWAB NEW (SCHW) 1,269 2,334
    CHUBB LTD (CB) 3,483 5,695
    COCA COLA CO (KO) 17,039 17,275
    COMCAST CORP (NEW) CLASS A(CMCSA) 25,959 29,396
    COMPAGNIE FINRICHEMONTAGADR (CFRUY) 7,110 9,844
    COMPASS GROUP PLC SPD ADR (CMPGY) 2,916 4,308
    CREDIT SUISSE GROUP (CS) 929 934
    DANONE SPONSORED ADR (DANOY) 7,786 6,655
    DENTSPLYSIRONA INC (XRAY) 8,481 10,472
    DEUTSCHE POST AGSPONSORED ADR (DPSGY) 676 947
    DIAGEOPLC SPON ADR NEW (DEO) 6,806 8,417
    ECOLAB INC (ECL) 17,564 19,256
    EDISON INTERNATIONAL (EIX) 15,965 14,888
    EDP ENERGIAS DE PORTGUAL SA (EDPFY) 4,281 6,236
    ELASTIC N V (ESTC) 3,076 6,576
    ENBRIDGE INC (ENB) 13,678 12,796
    ENEL SOCIETA PER AZIONI ADR (ENLAY) 5,765 6,963
    EQUITYCOMWLTH COM SH BEN INT (EQC) 12,210 10,394
    ERSTE GROUP BANK AGSPONS ADR (EBKDY) 2,231 1,834
    ESSENTIAL UTULS INC (WTRG) 3,116 3,499
    EVEREST RE GROUP LTD (RE) 4,887 5,618
    FANUC CORPORATION UNSP ADR (FANUY) 9,330 12,468
    GIVAUDAN SA ADR (GVDNY) 3,830 5,516
    GLOBUS MEDICAL INC A(GMED) 281 457
    GRUPO FINANCIERO BANORTE SAB (GBOOY) 2,526 3,139
    HEALTHCARE REALTYTRUST INCORP (HR) 3,090 3,108
    HENKEL AG& COKGAA (HENKY) 2,496 2,587
    HOME DEPOT INC (HD) 17,661 20,187
    HOYA CORP SPONS ADR (HOCPY) 3,822 5,690
    ICON PLC (ICLR) 4,908 5,849
    ICU MEDICAL INC (ICUI) 4,744 5,362
    IDACORP INC (IDA) 1,621 1,825
    INDUSTRIA DE DISENOTEXTIL IND (IDEXY) 4,127 4,363
    INFINEON TECHNOLOGIES AG(IFNNY) 4,896 9,638
    INGGROEP NV ADR (ING) 8,451 11,432
    INTERNATIONAL CONS AIRLS GRP (ICAGY) 1,743 2,603
    INTERNATIONAL PAPER CO (IP) 7,203 8,651
    JOHNSON & JOHNSON (JNJ) 17,032 20,774
    JUST EAT TAKEAWAY COM N V ADR (TKAYY) 4,356 4,872
    KAOCORP (KAOOY) 5,447 5,358
    KBC GROUP NV UNSPONS ADR (KBCSY) 3,403 3,489
    KIMBERLY CLARK CORP (KMB) 410 404
    L OREAL COADR (LRLCY) 5,133 6,854
    LEGRAND SA (LGRDY) 4,978 6,006
    LINDE PLC(LIN) 18,221 26,087
    LINDSAYMFGCO (LNN) 729 1,028
    LONDON STK EXCHANGE GROUP ADR (LNSTY) 6,882 9,378
    LVMH MOET HENNESSYLOUIS VUITT (LVMUY) 5,329 7,359
    MARTIN MARIETTA MATERIALS (MLM) 785 1,136
    MASTERCARD INC CL A(MA) 11,469 14,991
    MERCK & CO INC NEWCOM (MRK) 21,509 23,804
    MERIT MED SYST (MMSI) 1,357 2,664
    METLIFE INCORPORATED (MET) 16,519 15,587
    MICROSOFT CORP (MSFT) 25,201 41,370
    MIDDLESEXWATER CO (MSEX) 363 435
    MISSION PRODUCE INC (AVO) 897 963
    MONDELEZ INTL INC COM (MDLZ) 18,058 19,704
    MONOTAROCOLTD ADR (MONOY) 1,602 3,017
    MTS SYSTEMS CORP (MTSC) 2,213 2,210
    MUELLER WATER PROD INC SER A(MWA) 3,618 4,098
    MURATA MANUFACTURINGCOLTD (MRAAY) 6,431 10,376
    NESTLE SPON ADR REP REGSHR (NSRGY) 29,924 32,042
    NEXTERA ENERGYINC (NEE) 11,303 16,047
    NIDEC CORP (NJDCY) 2,434 4,438
    NINTENDOCOLTD ADR NEW (NTDOY) 7,028 11,756
    NORTHERN TRUST CORP (NTRS) 6,412 7,544
    NORTHROP GRUMMAN CP(HLDG CO) (NOC) 12,213 12,494
    NOVARTIS AGADR (NVS) 18,052 18,792
    NOVONORDISK A/S ADR (NVO) 4,858 6,007
    OCADO GROUP PLC SPONSORED ADR (OCDDY) 2,232 2,193
    ORACLE CORP 8,525 9,509
    OTIS WORLDWIDE CORP (OTIS) 5,964 6,147
    PERNOD RICARD SA UNSPONS ADR (PDRDY) 5,052 5,369
    PFIZER INC (PFE) 14,932 15,681
    PINGAN INSURANCE ADR (PNGAY) 5,189 5,439
    PNC FINL SVCS GP (PNC) 11,016 11,920
    PPGINDUSTRIES INC (PPG) 18,978 26,536
    PROCTER & GAMBLE (PG) 20,895 23,793
    PRUDENTIAL PLC ADR (PUK) 6,051 6,426
    PUBLIC SERVICE ENTERPRISE GP (PEG) 9,797 11,369
    RAYTHEON CO (NEW) (RTN) 31,301 29,963
    REINSURANCE GROUP OF AMERICA (RGA) 1,601 1,275
    RENTOKIL GROUP PLC SP ADR (RTOKY) 4,925 5,945
    ROCHE HOLDINGS ADR (RHHBY) 14,064 15,607
    ROLLS ROYCE HOLDINGS PLC(RYCEY) 21,735 10,624
    RWE AG SPONSORED ADR (RWEOY) 4,877 5,772
    RYANAIR HLDGS PLC ADR (RYAAY) 3,812 6,599
    SANDERSON FARMS (SAFM) 8,379 7,800
    SANDS CHINA LTD UNSPONSORE ADR (SCHYY) 3,637 3,927
    SANOFI ADR (SNY) 9,820 9,524
    SAP AG(SAP) 6,500 6,259
    SEMPRA ENERGY (SRE) 11,258 10,957
    SHISEIDOLTD SPON ADR (SSDOY) 4,760 4,574
    SHOPIFY INC (SHOP) 2,372 7,924
    SIEMENS AKTIENGESELLSCHAFT (SIEGY) 9,296 10,410
    SJWGROUP (SJW) 4,809 5,271
    SMITH & NEPHEWPLC ADR (SNN) 8,231 8,729
    SOCIEDAD QUIMICA YMINERA ADS (SQM) 1,341 2,749
    SOLAREDGE TECHNOLOGIES INC (SEDG) 1,643 4,149
    SPOTIFYTECHNOLOGY SA (SPOT) 2,727 5,979
    STONECOLTD CL A(STNE) 2,553 5,287
    SUMITOMOMITSUI FINL GROUP INC (SMFG) 6,831 6,016
    TAIWAN SMCNDCTR MFGCOLTD ADR (TSM) 3,709 7,524
    TAKEDA PHARMACEUTCL COLTD ADR (TAK) 12,573 11,430
    TEAMVIEWER AG ADR (TMVWY) 4,567 6,716
    TELEPERFORMANCE SA UNSP ADR (TLPFY) 3,981 5,659
    TEMENOS AGSPONSORED ADR (TMSNY) 3,993 3,682
    TENCENT HLDGS LTD UNSPON ADR (TCEHY) 4,241 4,673
    TEXAS INSTRUMENTS (TXN) 12,761 16,577
    THOMSON REUTERS CORP (TRI) 4,560 5,077
    TOKYO ELECTRON LTD UNSPON ADR (TOELY) 3,982 6,551
    TOTAL SA SPON ADR (TOT) 6,748 6,957
    TOWNEBANK VA (TOWN) 422 423
    TRAVELERS COMPANIES INC COM (TRV) 28,758 30,601
    USBANCORP COM NEW (USB) 12,444 10,483
    UMB FINANCIAL CORP (UMBF) 1,289 1,242
    UMICORE SA ADR (UMICY) 3,197 3,522
    UNICREDIT SPA-ADR (UNCRY) 11,218 11,773
    UNION PACIFIC CORP (UNP) 15,309 18,948
    UNITED PARCEL SER INC CL-B (UPS) 15,939 23,239
    UNITEDHEALTH GP INC (UNH) 12,914 18,586
    UNIVERSAL HEALTH SERVICES B (UHS) 602 688
    VALEO SPONSORED ADR (VLEEY) 2,463 3,489
    VALLEYNATL BANCORP (VLY) 2,451 1,950
    VARIAN MEDICAL SYS INC (VAR) 3,245 3,500
    VERIZON COMMUNICATIONS (VZ) 13,798 17,566
    VESTAS WIND SYSTEMS ADS (VWDRY) 2,630 3,520
    VINCI SA ADR (VCISY) 5,148 6,380
    VISA INC CL A(V) 13,653 17,061
    VOLKSWAGEN AGADR (VWAGY) 17,824 19,453
    VOLVO AB ADR (VLVLY) 2,441 4,366
    VULCAN MATERIALS CO (VMC) 14,365 15,276
    WALT DISNEYCOHLDGCO (DIS) 14,776 19,567
    WASTE MGMT INC (DELA) (WM) 14,083 17,218
    WEC ENERGYGROUP INC COM (WEC) 8,421 8,651
    WERNER ENTERPRISE INC (WERN) 884 863
    WHITE MOUNTAIN GRP BERMUDA (WTM) 2,549 3,002
    WILLIAMS CO INC (WMB) 20,115 17,303
    WORLDWIDE SA ADR (WRDLY) 4,002 4,262
    ZOETIS INC CLASS-A (ZTS) 11,448 15,392
    ZURICH INSURANCE GRP LTD ADR (ZURVY) 7,221 8,275
    CHARLES SCHWAB CORP 5.95%-D (SCHW.D) 850 833
    METLIFE INC 4.75% F (MET.F) 757 843
    METLIFE INC 5.62% NCUM PFD E(MET.E) 398 424
    US BANCORP PFD B (USB.H) 1,128 1,362
    US BANCORP-F 6.5% FLTS 1/15/22 (USB.M) 861 853
    PIMCO 1-5 YEAR U.S. TIPX IDX FD (STPZ) 214,910 222,192
    ESSENTIAL UTILS INC (WTRU) 3,798 4,093
    BECTON DICKSON & CO DEP REPSTG PFD B (BDXB) 6,565 7,112
    CTR COAST BRKFLD MLP FOCUS Y(CCCNX) 346,384 246,613
    EATON VANCE GLB MCROABS RETI (EIGMX) 128,855 128,168
    GOLDMAN SACHS EMEGMKTS DEBT I (GSDIX) 207,465 218,032
    GUGGENHEIM TOTAL RETURN BD I (GIBIX) 357,034 384,562
    LOCORR MARKET TREND I (LOTIX) 239,446 237,494
    METROPOLITAN WEST TOT RET BD I (MWTIX) 386,338 390,277
    METROPOLITAN WST UNCNSTRD BD I (MWCIX) 111,472 112,457
    PRINCIPAL SPC PRF&CP SEC INC I (PPSIX) 169,016 170,605
    TCWEMERGMKTS INCOME I (TGEIX) 208,023 213,722
    VIRTUS VONTOBEL EMRGMKT OPP I (HIEMX) 211,896 250,190
    VOYA STRAT INC OPPPORT I (IISIX) 137,685 134,599
    SPDR S&P 500 ETF TRUST (SPY) 55,606 56,082
    ACAP STRATEGIC INTERVAL COMMON (XCAPX) 104,201 112,351
    CION ARES DIVERSIFIED CREDIT U (CADZX) 262,557 255,291
    CPG VINTAGE ACCESS III 0 20,027
    CPG VINTAGE ACCESS III CPV 0 5,000

    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE MALLIE AND GLENN IRELAND FOUNDATION
    EIN:
    63-0745196
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 46,876 0   46,876


    TY 2020 TaxesSchedule
    Name:
    THE MALLIE AND GLENN IRELAND FOUNDATION
    EIN:
    63-0745196
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 4,651 0   0