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
ETHEL N BOWEN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)525 FEDERAL STREET
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BLUEFIELD, WV24701
A Employer identification number

23-7010740
B Telephone number (see instructions)

(304) 324-3283
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$13,530,040
J 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      
4 Dividends and interest from securities... 259,474 259,474  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 235,359
b Gross sales price for all assets on line 6a 1,105,613
7 Capital gain net income (from Part IV, line 2)... 235,359
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)....... 14,500 0  
12 Total. Add lines 1 through 11........ 509,333 494,833  
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)....... 15,575 11,681   3,894
c Other professional fees (attach schedule).... 58,021 58,021   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 25 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 150 75   75
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 1,978 989   989
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 75,749 70,766   4,958
25 Contributions, gifts, grants paid....... 593,406 593,406
26 Total expenses and disbursements. Add lines 24 and 25 669,155 70,766   598,364
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -159,822
b Net investment income (if negative, enter -0-) 424,067
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 102,288 145,773 145,773
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)....... 4,254,559 Click to see attachment4,252,014 4,252,014
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).......... 8,319,214 Click to see attachment9,132,253 9,132,253
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) 12,676,061 13,530,040 13,530,040
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........... 12,676,061 13,530,040
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)..... 12,676,061 13,530,040
30 Total liabilities and net assets/fund balances (see instructions). 12,676,061 13,530,040
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
12,676,061
2
Enter amount from Part I, line 27a .....................
2
-159,822
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,013,801
4
Add lines 1, 2, and 3 ..........................
4
13,530,040
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
13,530,040
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 2,480 SHS ISHARES MSCI EMERGING P   2020-05-13
b 1,385 SHS ISHARES MSCI EAFE P   2020-05-13
c 1,590 SHS VANGUARD FTSE DEVELOPED MARKETS P   2020-05-13
d 1,600 SHS CARRIER GLOBAL CORPORATION COM P   2020-07-20
e 800 SHS OTIS WORLDWIDE CORP COM P   2020-07-20
2,315 SHS ISHARES MSCI EAFE P   2020-12-07
1,790 SHS ISHARES CORE S&P MID-CAP P   2020-12-07
2,650 SHS VANGUARD FTSE DEVELOPED MARKETS P   2020-12-07
1,825 SHS VANGUARD INTL EQUITY INDEX FDS P   2020-12-07
.394 SHS VIATRIS INC COM P   2020-12-23
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 89,972   123,261 -33,289
b 76,928   108,609 -31,681
c 55,712   67,527 -11,815
d 42,079   11,648 30,431
e 46,736   17,767 28,969
166,468   172,272 -5,804
399,770   158,738 241,032
122,904   112,545 10,359
104,720   97,886 6,834
7   1 6
317     317
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       -33,289
b       -31,681
c       -11,815
d       30,431
e       28,969
      -5,804
      241,032
      10,359
      6,834
      6
      317
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 2 235,359
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 5,895
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 5,895
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 5,895
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 7,206
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 7,206
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 1,311
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,311 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)
    bulletWV
    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 ofbulletSUMMIT COMMUNITY BANK Telephone no.bullet (304) 324-3283

    Located atbullet525 FEDERAL STREETBLUEFIELDWV ZIP+4bullet24701
    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
    FRANK W WILKINSON PRESIDENT
    0.50
    0 0 0
    525 FEDERAL STREET
    BLUEFIELD,WV24701
    B K SATTERFIELD TREASURER
    0.50
    0 0 0
    525 FEDERAL STREET
    BLUEFIELD,WV24701
    HENRY C BOWEN BOARD MEMBER
    0.50
    0 0 0
    525 FEDERAL STREET
    BLUEFIELD,WV24701
    JAMES R HYPES VICE PRESIDENT & SECRETARY
    0.50
    0 0 0
    525 FEDERAL STREET
    BLUEFIELD,WV24701
    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 NONE 0
    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
    11,882,869
    b
    Average of monthly cash balances.......................
    1b
    212,922
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,095,791
    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
    12,095,791
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    181,437
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    11,914,354
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    595,718
    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
    595,718
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    5,895
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,895
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    589,823
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    589,823
    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
    589,823
    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
    598,364
    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
    598,364
    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
    598,364
    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 7 589,823
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 577,851
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 598,364
    a Applied to 2019, but not more than line 2a 577,851
    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..... 20,513
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    569,310
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ETHEL N BOWEN FOUNDATION CO SUMMIT
    525 FEDERAL STREET
    BLUEFIELD,WV24701
    (304) 324-3283
    bThe form in which applications should be submitted and information and materials they should include:
    THE SCHOLARSHIP APPLICATION CAN BE REQUESTED AT SUMMIT COMMUNITY BANK. STUDENTS MUST SUBMIT TRANSCRIPTS BEFORE EACH SEMESTER. NO PARTICULAR APPLICATION IS NECESSARY FOR ORGANIZATIONS SEEKING GRANTS.
    cAny submission deadlines:
    NONE FOR ORGANIZATIONS; SCHOLARSHIP APPLICATIONS ARE DUE BY APRIL 30.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SCHOLARSHIPS ARE GENERALLY LIMITED TO STUDENTS IN SOUTHWEST VIRGINIA AND SOUTHERN WEST VIRGINIA.
    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
    AARON W PENDERGRASS
    177 CANDLEWICK ROAD
    ROCK,WV24747
    NONE I SCHOLARSHIP 1,000
    ADALINE NOLLEY
    6621 LAUREL FORK ROAD
    ROCKY GAP,VA24366
    NONE I SCHOLARSHIP 2,000
    ADDISON EVERETT WOOD
    308 CLINE DRIVE
    TAZEWELL,VA24651
    NONE I SCHOLARSHIP 2,000
    ALEXANDER JOSEPH WHITE
    610 CARDINAL STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    ALEXIS CARDWELL
    2410 MARELLEN AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    ALEXIS CURTO
    806 FINCASTLE TURNPIKE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    ALEXIS SYLVESTER
    478 GREENVIEW DRIVE
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    ALYSON ROBINETT
    213 MAHOOD AVENUE
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    ALYSSA LESTER
    216 MEMORIAL AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    ALYSSON FLEENOR
    PO BOX 2032
    OCEANA,WV24870
    NONE I SCHOLARSHIP 2,000
    AMBER BRUNTY
    RC BYRD INST 1050 FOURTH AVE
    HUNTINGTON,WV25701
    NONE I SCHOLARSHIP 3,949
    AMELIA FAITH BOWEN
    1900 NYE ROAD
    WYTHEVILLE,VA24382
    NONE I SCHOLARSHIP 1,000
    ANDREA HEFFINGER
    3436 BAILEY SWITCH ROAD
    NORTH TAZEWELL,VA24630
    NONE I SCHOLARSHIP 2,000
    ANDREW CARTER
    395 BEN BOW ROAD
    TAZEWELL,VA24651
    NONE I SCHOLARSHIP 2,000
    ANDREW HOPKINS
    304 QUAILVIEW DRIVE
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    ANDREW RIFFE
    2405 CLIFFMONT AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    ANDREW VANCE
    203 WEST MOUNTAIN VIEW AVENUE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    ANNA PAULEY
    300 MAIN STREET
    BLAND,VA24315
    NONE I SCHOLARSHIP 2,000
    ANNA GRACE BOWEN
    1900 NYE ROAD
    WYTHEVILLE,VA24382
    NONE I SCHOLARSHIP 1,000
    ASHER BAILEY
    4134 BIG LAUREL HWY
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    ASHLEIGH PRICE
    905 STRALEY AVENUE
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    ASHLEY BUTCHER
    721 AUGUSTA STREET
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    ASHLYN SALYERS
    211 WINDWOOD DRIVE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    ATTICUS BOGGESS
    904 EAST DRIVE
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    AUSTIN SLUSS
    603 ROCK WREN CIRCLE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    AUSTIN P COLEMAN
    216 OAKDELL AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    AUTUMN MEADOWS
    420 PARKWAY AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    AUTUMN MULLINS
    141 EMPIRE DRIVE
    NORTH TAZEWELL,VA24630
    NONE I SCHOLARSHIP 1,000
    AVERY KIRK MABE
    325 LAKEVIEW DRIVE
    WYTHEVILLE,VA24382
    NONE I SCHOLARSHIP 1,000
    BAILEY BROOKE DEHAVEN
    PO BOX 341
    IAEGER,WV24844
    NONE I SCHOLARSHIP 2,000
    BASSY SISSOKO
    1600 HILL AVENUE APT 95
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    BENJAMIN E STREET
    193 LAGRANGE STREET
    NORTH TAZEWELL,VA24630
    NONE I SCHOLARSHIP 1,000
    BENJAMIN HUDSON WHITE
    610 CARDINAL STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    BENJAMIN TYLER KENNETT
    3327 GIATTO ROAD
    ROCK,WV24747
    NONE I SCHOLARSHIP 2,000
    BETHANY EVANS
    1439 WALNUT HEIGHTS
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    BETHANY MULLINS
    75 WESTBURY PARK WAY
    BLUFFON,SC29910
    NONE I SCHOLARSHIP 1,000
    BLAKE GOINS
    315 GOLD LEAF DRIVE
    CHRISTIANSBURG,VA24073
    NONE I SCHOLARSHIP 2,000
    BLESSINGS IN A BACKPACK
    4121 SHELBYVILLE ROAD
    LOUISVILLE,KY40207
    NONE PC FOOD DISTRIBUTION PROGRAM FOR CHILDREN 2,500
    BLUE RIDGE JUNIOR GOLF TOUR
    PO BOX 1045
    BLUEFIELD,VA24605
    NONE PC TOURNAMENT 1,000
    BLUEFIELD COLLEGE
    3000 COLLEGE DRIVE
    BLUEFIELD,VA24605
    NONE PC MEN'S BASKETBALL PROGRAM 10,000
    BLUEFIELD HIGH SCHOOL
    535 W CUMBERLAND ROAD
    BLUEFIELD,WV24701
    NONE PC BOX CAST SYSTEM 2,800
    BLUEFIELD HIGH SCHOOL
    535 W CUMBERLAND ROAD
    BLUEFIELD,WV24701
    NONE PC SPORTS PROGRAM EQUIPMENT 5,000
    BLUEFIELD STATE COLLEGE RESEARCH AND
    219 ROCK STREET
    BLUEFIELD,WV24701
    NONE PC PASSPORT TO THE WORLD PROJECT 3,000
    BLUEFIELD STATE COLLEGE
    219 ROCK STREET
    BLUEFIELD,WV24701
    NONE PC SCHOLARSHIP 10,000
    BLUEFIELD STATE COLLEGE
    219 ROCK STREET
    BLUEFIELD,WV24701
    NONE PC NURSING AND ALLIED HEALTH PROGRAMS 20,000
    BRADLEY SABO
    371 MOWLES CHAPEL ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    BRADY O'SAILE
    104 TITLEIST DRIVE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    BRANDON COLLINS
    155 GRANITE ACRES ROAD
    WYTHEVILLE,VA24382
    NONE I SCHOLARSHIP 2,000
    BRANDON KIRBY
    19 ROBIN LANE
    MORGANTOWN,WV26508
    NONE I SCHOLARSHIP 3,000
    BREANNA BAILEY
    802 OAKLAND DRIVE
    PRINCETON,WV24739
    NONE I SCHOLARSHIP 1,000
    BRENDAN BLANKENSHIP
    281 AGEE HOLLOW ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    BRENT JENKINS
    144 JENKINS ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    BRETT COX
    117 SIMMONS CIRCLE
    PRINCETON,WV24739
    NONE I SCHOLARSHIP 1,000
    BRIANNA D COMER
    168 MIDDLE AVENUE LOT 46
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    BRITNEY CATRON
    124 FRENCHS BOTTOM ROAD
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,500
    BRODY DAWSON
    206 CLIFF VIEW STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    BROOKE NICOLE FOY
    131 FINCASTLE LANE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    BRYNNE MABRY
    15 STUART CIRCLE
    WYTHEVILLE,VA24382
    NONE I SCHOLARSHIP 2,000
    CADEN FULLER
    185 EMERALD STREET
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    CADEN WADDELL
    520 RICHARDSON DRIVE
    TAZEWELL,VA24651
    NONE I SCHOLARSHIP 2,000
    CAITLIN VANCE
    203 W MOUNTAIN VIEW AVENUE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    CAMERON ALEXIS KWUN
    231 3RD STREET
    NORTH TAZEWELL,VA24630
    NONE I SCHOLARSHIP 2,000
    CAMERON SARVER
    1275 HOCKMAN PIKE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    CARLY MORETTO
    301 NICHOLS ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    CARSON COOPER
    536 OAKHURST AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    CARSON NOEL
    1562 PLEASANT HILL CHURCH ROAD
    TAZEWELL,VA24651
    NONE I SCHOLARSHIP 1,000
    CATHERINE TYSON
    4209 NEW TOWN AVENUE
    WILLIAMSBURG,VA23188
    NONE I SCHOLARSHIP 1,000
    CHASITY FRANCIS
    319 SILO HOLLOW ROAD
    OCEANA,WV24870
    NONE I SCHOLARSHIP 2,000
    CHILDREN'S HOME SOCIETY OF WV
    205 CENTER STREET
    PRINCETON,WV24740
    NONE PC THE FOREVER FAMILIES RESOURCE CENTER 3,000
    CHLOE ALLEN
    122 BARROW AVENUE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    CHLOE CHRISTIAN
    284 CREEKLEDGE LANE
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    CHRISTINA MOUNZER
    607 ALEXANDER CIRCLE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    CHRISTOPHER MOUNZER
    607 ALEXANDER CIRCLE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    CITY OF BLUEFIELD
    200 ROGERS STREET
    BLUEFIELD,WV24701
    NONE GOV OFFICER EDUCATION AND EQUIPMENT UPDATE 20,000
    CITY OF BLUEFIELD
    200 ROGERS STREET
    BLUEFIELD,WV24701
    NONE GOV POLICE OFFICE TRAINING 20,000
    CITY OF BLUEFIELD
    200 ROGERS STREET
    PRINCETON,WV24740
    NONE GOV BEAUTIFICATION COMMISSION 20,000
    CLAYTON DOUGLAS RICKMAN
    311 CAHILL DRIVE
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    CLAYTON MCCHESNEY
    105 CALLAWAY CIRCLE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    CODY FULLER
    185 EMERALD STREET
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    COLE G COCHRAN
    553 PARTRIDGE DRIVE
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    COLEY BROOKS
    182 CAPTAIN STREET
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    CONCORD UNIVERSITY FD INC
    PO BOX 1045
    ATHENS,WV24712
    NONE PC RALEIGH COUNTY ANNUAL DINNER 2,000
    CONNOR RAY WHITE
    131 ORCHARD LOOP ROAD
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    CORTNEY HAMILTON
    516 OLD PISGAH ROAD
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    COURTNEY KINCAID
    10259 BACKUS MOUNTAIN
    MEADOW BRIDGE,WV25976
    NONE I SCHOLARSHIP 2,000
    COURTNEY MEADOWS
    365 THREE CROSSES ROAD
    CAMP CREEK,WV25820
    NONE I SCHOLARSHIP 2,000
    CYMA MOUNZER
    607 ALEXANDER CIRCLE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    DJ HAGERMAN
    328 RIDGE CREST STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    DAKOTA CROUSE
    321 CLIFF ROAD
    CEDAR BLUFF,VA24609
    NONE I SCHOLARSHIP 1,000
    DAKOTA MILLER
    258 CLOVER LANE
    LERONA,WV25971
    NONE I SCHOLARSHIP 3,000
    DALTON ASH
    218 COLLEGE AVENUE
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    DAVID WILLIAM PERDUE
    215 OAKHURST AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    DESTINY BALL
    1003 LORTON LICK ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    DIANA GRACE WELLIVER
    776 WINCHESTER DRIVE
    WESTMINSTER,MD21157
    NONE I SCHOLARSHIP 2,000
    DRAKE MULLINS
    176 MAJORCREST ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    DREW BAKER
    315 CRABAPPLE STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    ELIAS TYSON
    299 MIRACLE LANE
    TAZEWELL,VA24651
    NONE I SCHOLARSHIP 2,000
    ELISE CLARY
    1200 CASTLEWOOD LANE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    EMILEE BEGGS
    1352 COLLEGE AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    EMILEE YOUNG
    224 OAK GROVE WAY
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    EMILY ALIFF
    HC BOX 868
    DAVY,WV24828
    NONE I SCHOLARSHIP 1,000
    EMILY FARMER
    114 STINSON ROAD
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 1,000
    ERIC R WORKMAN
    39 COLLEGE DRIVE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    ERIN M WELLMAN
    275 HILLCREST DRIVE
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    ETHAN COOK
    13659 NORTH SCENIC HIGHWAY
    ROCKY GAP,VA24366
    NONE I SCHOLARSHIP 2,000
    ETHAN D STINSON
    209 MOUNTAIN LANE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    ETHAN HARVEY
    1081 EVANGELISM ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    EVAN ABBEY
    2417 FAIRFIELD AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    FAITH T GUZY
    634 SEDGE WREN STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    FREDDY SMITH
    1911 HEALING SPRINGS ROAD
    NORTH TAZEWELL,VA24630
    NONE I SCHOLARSHIP 2,000
    GABRIEL ALLEN PARISH
    360 SADDLETREE LANE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    GABRIEL KEENE
    8922 THOMPSON VALLEY ROAD
    TAZEWELL,VA24651
    NONE I SCHOLARSHIP 2,000
    GAVIN BAUER
    1004 LEATHERWOOD DRIVE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    GEORGE CLEMENT
    610 CANARY CIRCLE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    GHS EDUCATION FOUNDATION
    210 VALLEYDALE STREET
    BLUEFIELD,VA24605
    NONE PC ANNUAL AWARDS DINNER 200
    GRACE LUCAS
    140 CANNON STREET
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 1,000
    GRACE M AIELLO
    628 PARKWAY AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    GRACE REMINES
    114 ROLLINS STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    HALEY HANSEN
    388 HORSESHOE FARM ROAD
    PEMBROKE,VA24136
    NONE I SCHOLARSHIP 2,000
    HALEY INGRAHAM
    285 VEST ROAD
    ROCK,WV24747
    NONE I SCHOLARSHIP 2,000
    HANNAH COOKE
    801 LOW GAP ROAD
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 1,000
    HANNAH OVERSTREET
    106 GLENN COURT
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    HANNAH ROBERTS
    341 FARMVIEW ROAD
    CROCKETT,VA24323
    NONE I SCHOLARSHIP 1,000
    HANNAH SHOCKLEY
    118 POST ROAD
    FALLS MILLS,VA24613
    NONE I SCHOLARSHIP 2,000
    HANNAH WEBB
    313 VALLEY DALE STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    HENRY LIPSCOMB
    131 MISTLETOE LANE
    PRINCETON,WV24739
    NONE I SCHOLARSHIP 2,000
    HUNTER CHRISTIAN
    284 CREEKLEDGE LANE
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 1,000
    HUNTER DEVON HILL
    4451 GREASY RIDGE ROAD
    PRINCETON,WV24739
    NONE I SCHOLARSHIP 500
    HUNTER M STROUPE
    303 MONTROSE STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    IRELAND BROOKE GARRETT
    1217 SANDLICK ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    ISAIAH RIFE
    P O BOX 34
    BISHOP,VA24604
    NONE I SCHOLARSHIP 2,000
    JACKSON BRADY MARTIN
    197 TARPON LANE
    PRINCETON,WV24739
    NONE I SCHOLARSHIP 2,000
    JACKSON LARGEN
    700 OAKHURST AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 3,000
    JACOB ETHAN WORKMAN
    39 COLLEGE DRIVE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    JACOB STOWERS
    632 SEDGE WREN
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    JACOB WATTERS
    85 LAUREL DRIVE
    ROCKY GAP,VA24366
    NONE I SCHOLARSHIP 1,000
    JAMAIKAH WALLACE
    2105 WASHINGTON STREET
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    JAMES L LINEBERRY
    2124 LITTLESBURG ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    JARED A HAVENS
    2098 DRY FORK ROAD
    ROCKY GAP,VA24366
    NONE I SCHOLARSHIP 2,000
    JARED BISHOP
    365 SPORTSMAN DRIVE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    JARED M SANDY
    PO BOX 278
    BUD,WV24716
    NONE I SCHOLARSHIP 2,000
    JASAUNI ALEXANDER SIZEMORE
    PO BOX 272
    KIMBALL,WV24853
    NONE I SCHOLARSHIP 1,000
    JASON EDWARDS
    912 FREDERICK STREET
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 3,000
    JAYDEN HEARN
    225 VALLEY DALE STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    JAYLIN HARRIS
    159 APPALOSA STREET
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    JAZMIN SCARBERRY
    1206 VIRGINIA AVENUE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    JENNIFER DAY
    312 CRABAPPLE STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    JENYE HEARN
    104 MIDDLESEX AVENUE
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 1,500
    JEREMY JOHNSON
    2628 LONGLEAF PLACE
    LEXINGTON,KY40503
    NONE I SCHOLARSHIP 1,000
    JESSICA DILLOW
    2216 DEARBORN AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    JESSICA STREET
    112 SOUTH LANE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    JIA COPPOLA
    2105 WASHINGTON STREET
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    JOHN BOYD BROWN
    394 RIVERSIDE DRIVE
    NORTH TAZEWELL,VA24630
    NONE I SCHOLARSHIP 2,000
    JOHN MICHAEL GORDON
    1063 CASLEY WAY
    FOREST,VA24551
    NONE I SCHOLARSHIP 2,000
    JONATHAN DU
    114 WINDSOR CIRCLE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    JONATHAN R CLARK
    640 BRUSH CREEK FALLS RD
    PRINCETON,WV24739
    NONE I SCHOLARSHIP 500
    JOSEPH REMINES
    605 QUAIL DRIVE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 4,000
    JOSIAH TAXLEY
    2724 LONGVIEW TERRACE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    JULIA DAY
    312 CRABAPPLE STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    JULIUS GADDY
    2628 CERES ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    KAITLIN TAYLOR
    10 DAVIS CIRCLE
    WYTHEVILLE,VA24382
    NONE I SCHOLARSHIP 2,000
    KAITLYNN COX
    PO BOX 352
    GHENT,WV25843
    NONE I SCHOLARSHIP 1,000
    KARA BASHAM
    323 CORINNE STREET
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    KARLY BALL
    PO BOX 27
    PIPESTEM,WV25979
    NONE I SCHOLARSHIP 2,000
    KARRAH LARGE
    413 RIDGEWAY DRIVE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    KARSON SLUSS
    PO BOX 486
    POCAHONTAS,VA24635
    NONE I SCHOLARSHIP 1,000
    KARSYN KEATON
    62 HOWARD BRANCH
    HINTON,WV25951
    NONE I SCHOLARSHIP 2,000
    KATELYN ROBERTS
    975 BICYCLE ROAD
    ROCK,WV24747
    NONE I SCHOLARSHIP 2,000
    KATHERINE FRANKLIN
    11042 MUD FORK ROAD
    FALLS MILLS,VA24613
    NONE I SCHOLARSHIP 1,000
    KATHRYN PERDUE
    215 OAKHURST AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    KATLIN PRESNELL
    8694 NEW HOPE ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    KAYLA CRISCO
    4575 COUNTY ROAD 12
    PROCTORVILLE,OH45669
    NONE I SCHOLARSHIP 500
    KAYLEE ARGABRIGHT
    PO BOX 195
    CLEARFORK,WV24822
    NONE I SCHOLARSHIP 1,000
    KELSEY FRY
    175 WILD TURKEY ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    KENDYL BURNETTE
    300 NEMOURS VALLEY ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    KENNETH CORHN
    394 STONEY RIDGE ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    KEYSHAWN JONES
    1011 COLLEGE AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    KIERA PAIGE PUGALEE
    205 KING STREET
    NORTH TAZEWELL,VA24630
    NONE I SCHOLARSHIP 2,000
    LAKEN CHRONISTER
    304 PARKDALE STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    LAKEN MORRIS
    1117 JAMES STREET
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    LAKEN SADDLER
    1638 RED OAK RIDGE ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    LAKEYN SABO
    199 SILKIE LANE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    LATRELL MOOKIE COLLIER
    304 FREDERICK STREET APT 2
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    LAUREL ROMANO
    315 BRIERWOOD DRIVE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    LAURIE WHITT
    P O BOX 1
    SPANISHBURG,WV24740
    NONE I SCHOLARSHIP 500
    LAYTON ROMANO
    4035 COLLEGE AVENUE PMB 110
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    LESLIE BAILEY
    PO BOX 28
    OCEANA,WV24870
    NONE I SCHOLARSHIP 2,000
    LILY WRIGHT
    2899 LITTLESBURG ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    LUKE PHILLIPS
    PO BOX 141
    CEDAR BLUFF,VA24609
    NONE I SCHOLARSHIP 1,000
    MADISON GRIFFITH
    248 WEBB FARM ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    MADISON KNIGHT
    96 MOUNTAIN VIEW DRIVE
    PRINCETON,WV24739
    NONE I SCHOLARSHIP 2,000
    MADISON P SANDIFER
    255 SUZANNE AVENUE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    MADISON PAINE
    801 PENDLETON DRIVE
    SALEM,VA24153
    NONE I SCHOLARSHIP 2,000
    MADISON REPASS
    309 CRABAPPLE STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    MADISON SHANKLIN
    114 APEX PLACE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    MAEKENZIE ASBURY
    258 VALLEY LOOP ROAD
    TAZEWELL,VA24651
    NONE I SCHOLARSHIP 1,000
    MAGGIE A JONES
    221 PARKWAY AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    MAKENZIE NOVINGER
    1500 WALNUT HEIGHTS
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    MARILYN BAILEY
    7 OAK LANE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    MARK CLAPP
    1304 WEST CUMBERLAND ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    MARY WILLIAMS
    305 LYNN STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    MATTHEW BELCHER
    1117 JAMES STREET
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    MATTHEW HILLYER
    229 RUSTIC HILL DRIVE
    PRINCETON,WV24739
    NONE I SCHOLARSHIP 2,000
    MATTHEW KINZER
    567 ROLLING HILLS DRIVE
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 1,000
    MATTHEW SABO
    371 MOWLES CHAPEL ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    MCKENZIE JONES
    165 CEDAR STREET
    TAZEWELL,VA24651
    NONE I SCHOLARSHIP 1,000
    MCKENZIE LESTER
    113 MEADOW LANE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    MCKENZIE RIFFE
    215 HOCKMAN PIKE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    MERRIT T FLEMING
    551 MORNINGSIDE DRIVE
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    MICHAEL S GUILLIAMS
    149 WHITE ROAD DRIVE
    DANIELS,WV25832
    NONE I SCHOLARSHIP 1,000
    MILAN BREWSTER
    172 ANGEL LANE
    FALLS MILLS,VA24613
    NONE I SCHOLARSHIP 2,000
    MONTANA PARKER
    215 VALLEY DALE STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    MONTCALM HIGH SCHOOL
    5366 SIMMONS RIVER ROAD
    ROCK,WV24747
    NONE PC ROBOTICS PROGRAM 500
    MYKENZIE ROACH
    273 OAK GROVE WAY
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    NATHAN FIGUEROA
    112 WINDSOR CIRCLE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    NATHAN NICHOLS
    1221 WHITETHORN STREET
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    NEVIN GIBBERSON
    421 PERDUE HOLLOW ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    NICHOLAS MORGAN
    2110 WALTON AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    NICHOLE TYREE
    321 BAYBERRY AVENUE
    PRINCETON,WV24739
    NONE I SCHOLARSHIP 1,000
    NOAH BENNETT
    117 WILSON STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    OLIVIA J BOGGESS
    1206 N WALKER STREET
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    PAIGE Z JEWELL
    525 FRANKLIN ROAD
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    PARIS BALLARD
    108 CHARLES STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    PATTON RIFE
    RC BYRD INST 1050 FOURTH AVE
    HUNTINGTON,WV25701
    NONE I SCHOLARSHIP 4,457
    PRESTON NIPPER
    110 CALLAWAY CIRCLE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    RACHEL E SNYDER
    641 SPORTSMAN DRIVE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    RACHEL FARLEY
    106 ASBURY ROAD
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    RACHEL MANKINS
    70 PARIS PLACE
    FAYETTEVILLE,WV25840
    NONE I SCHOLARSHIP 2,000
    RACHEL RICHMOND
    1806 LEE AVENUE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 4,000
    RAENEL CRENSHAW
    330 NORTH MERCER STREET
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    REBECCA M JOHNSON
    361 HAZELNUT DRIVE
    PRINCETON,WV24739
    NONE I SCHOLARSHIP 2,000
    REGAN COCHRAN
    553 PARTRIDGE DRIVE
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    RYAN CHRISTOPHER DENT
    142 ANNALESE DRIVE
    JONESBOROUGH,TN37659
    NONE I SCHOLARSHIP 2,000
    SADIE PRUETT
    658 BARRETT MILL ROAD
    WYTHEVILLE,VA24382
    NONE I SCHOLARSHIP 1,000
    SAMUEL SHOEMAKER
    615 SUMMIT STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    SARA KATLYN SAUNDERS
    550 SWEETWATER DRIVE
    TAZEWELL,VA24651
    NONE I SCHOLARSHIP 2,000
    SARAH WADDLE
    539 POWER PLANT CIRCLE APT 530
    WINSTONSALEM,NC27101
    NONE I SCHOLARSHIP 1,000
    SAVANNAH TRAIL
    9049 WILDERNESS ROAD
    BLAND,VA24315
    NONE I SCHOLARSHIP 1,000
    SETH J CARDWELL
    2635 VALLEY VIEW AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    SETH MORGAN ALDERSON
    5042 SOUTH SCENIC HWY
    BLAND,VA24315
    NONE I SCHOLARSHIP 1,000
    SETH W MEADOWS
    124 DEERWOOD LANE
    PRINCETON,WV24739
    NONE I SCHOLARSHIP 1,000
    SHANIA LESTER
    PO BOX 132
    HANOVER,WV24839
    NONE I SCHOLARSHIP 2,000
    SHIVAM PATEL
    316 BRIERWOOD DRIVE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    SIERRA GRACE KILLETT
    135 MARTIN AVENUE
    PRINCETON,WV24739
    NONE I SCHOLARSHIP 2,000
    SOMER STONE
    112 WILSON STREET
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    SOPHIE LEMONS
    32 MEADOW DRIVE
    CULLODEN,WV25510
    NONE I SCHOLARSHIP 1,000
    STEPHANIE DOTTIE DILLON
    1464 AMBROSE LANE
    PRINCETON,WV24739
    NONE I SCHOLARSHIP 2,000
    STEPHEN PRICE
    21 MOUNTAINEER WAY
    FAYETTEVILLE,WV25840
    NONE I SCHOLARSHIP 1,000
    SYDNEY BOWMAN
    608 QUAIL DRIVE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    TANNER VENERI
    1049 UNDERCLIFF TERRACE
    PRINCETON,WV24740
    NONE I SCHOLARSHIP 2,000
    TENDER MERCIES MINISTRY INC
    PO BOX 669
    PRINCETON,WV24740
    NONE PC CHILDREN'S PROGRAM 5,000
    THOMAS ONKS
    5031 DOLORES DRIVE
    CROSS LANES,WV25313
    NONE I SCHOLARSHIP 2,000
    THOMAS HUNTER O'QUINN
    1792 UPPER VALLEY ROAD
    TAZEWELL,VA24651
    NONE I SCHOLARSHIP 1,000
    TOWN OF BLUEFIELD
    PO BOX 1026
    BLUEFIELD,VA24605
    NONE GOV FINCASTLE CAPITAL IMPROVEMENTS 25,000
    TRAVIS COOK
    2758 CRANY ROAD
    OCEANA,WV24870
    NONE I SCHOLARSHIP 1,000
    TREVOR MATTHEW FOY
    131 FINCASTLE LANE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 1,000
    TREVOR MULLINS
    176 MAJORCREST ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    TREVOR WIMMER
    616 JEFFERSONVILLE
    TAZEWELL,VA24651
    NONE I SCHOLARSHIP 1,000
    TREY DELIDA
    188 PEPPER STREET
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    VICTORIA HAMPTON
    321 EDGEWOOD ROAD
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 500
    VICTORIA TERRY
    311 MEMORY LANE
    PRINCETON,WV24739
    NONE I SCHOLARSHIP 2,000
    VIRGINIA ATHLETICS FOUNDATION
    PO BOX 400833
    CHARLOTTESVILLE,VA22904
    NONE PC ATHLETIC DEPARTMENT 12,000
    VIRGINIA JOHNSON
    2112 MOUNTAIN VIEW AVENUE
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 3,000
    WESTMINSTER AT WADE LLC
    1400 HIGHLAND STREET
    BLUEFIELD,WV24701
    NONE PC BACKPACK FEEDING PROGRAM 5,000
    WESTMINSTER AT WADE LLC
    1400 HIGHLAND STREET
    BLUEFIELD,WV24701
    NONE PC PORTABLE STUDENT DESK GUARDS 3,500
    WILLIAM BLAKE ASBURY
    205 AUGUSTA COURT
    BRISTOL,VA24202
    NONE I SCHOLARSHIP 2,000
    WILLIAM DANIEL MULLINS
    300 OLYMPIC DRIVE
    TAZEWELL,VA24651
    NONE I SCHOLARSHIP 1,000
    WILLIAM MILLER
    249 BRANDON DRIVE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 1,000
    WILLIAM PARKER COE
    1060 MOUNTAIN VIEW DRIVE
    WYTHEVILLE,VA24382
    NONE I SCHOLARSHIP 2,000
    ZACHARIAH CURTO
    806 FINCASTLE TURNPIKE
    BLUEFIELD,VA24605
    NONE I SCHOLARSHIP 2,000
    ZACHARY N LAWLESS
    166 BLUEWELL SCHOOL ROAD
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    ZOE COLLEY
    2316 JEFFERSON STREET
    BLUEFIELD,WV24701
    NONE I SCHOLARSHIP 2,000
    Total .................................bullet 3a 593,406
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities....     14 259,474  
    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 ............
        18 235,359  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRETURN OF 2019 SCHOLARSHIPS
            14,500
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 494,833 14,500
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    509,333
    (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.)
    11A RETURN OF 2019 SCHOLARSHIPS
    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:
    ETHEL N BOWEN FOUNDATION
    EIN:
    23-7010740
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING AND TAX PREP FEES 15,575 11,681   3,894

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ETHEL N BOWEN FOUNDATION
    EIN:
    23-7010740
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AT&T INC 152,428 152,428
    BANK OF AMERICA CORP 86,656 86,656
    COCA-COLA CO 131,616 131,616
    COLGATE-PALMOLIVE CO 222,326 222,326
    EMERSON ELECTRIC CO 120,555 120,555
    EXXON MOBIL CORP 233,676 233,676
    SUMMIT FINANCIAL GROUP INC 540,960 540,960
    ISHARES NASDAQ BIOTECHNOLOGY 272,682 272,682
    JOHNSON & JOHNSON 472,140 472,140
    MICROSOFT CORP 1,112,100 1,112,100
    PFIZER INC 184,050 184,050
    PROCTOR & GAMBLE CO 208,710 208,710
    REALTY INCOME CORP 93,255 93,255
    WASTE MANAGEMENT INC 294,825 294,825
    RAYTHEON TECHNOLOGIES CORP 114,416 114,416
    VIATRIS INC 11,619 11,619

    TY 2020 InvestmentsOtherSchedule2
    Name:
    ETHEL N BOWEN FOUNDATION
    EIN:
    23-7010740
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PIMCO INVESTMENT GRADE CORP FMV 81,184 81,184
    ISHARES SELECT DIVIDEND FMV 384,720 384,720
    ISHARES U.S. INDUSTRIALS MKT FMV 291,300 291,300
    PROSHARES ULTRA QQQ FMV 1,527,510 1,527,510
    ISHARES CORE S&P MID-CAP FMV 1,082,499 1,082,499
    ISHARES CORE S&P SMALL CAP FMV 459,500 459,500
    ISHARES MSCI EAFE FMV 352,105 352,105
    ISHARES MSCI EMERGING MARKETS FMV 569,403 569,403
    DOUBLELINE TOTAL RETURN BOND I FMV 939,995 939,995
    ISHARES 3-7 YEAR TREASURY BOND MKT FMV 874,210 874,210
    VANGUARD FTSE EMERGING MARKETS FMV 274,553 274,553
    VANGUARD FTSE DEVELOPED MARKETS INDEX FUND FMV 262,346 262,346
    ISHARES CORE U.S. AGGREGATE BOND FMV 1,009,343 1,009,343
    VANGUARD INTL EQUITY INDEX FDS FTSE FMV 219,492 219,492
    ISHARES TRUST ISHARES 1-5 YEAR INVESTMENT GRADE CORP BOND FMV 110,340 110,340
    AMPLIFY ETF TR TRANSFORMATIONAL FMV 152,863 152,863
    EXCHANGE TRADED CONCEPTS TR ROBO-STOX FMV 140,047 140,047
    GLOBAL X FDS US INFRASTRUCTURE DEV FMV 135,744 135,744
    INVESCO EXCHANGE-TRADED FD TR II FMV 132,274 132,274
    SELECT SECTOR SPDR TR FMV 132,825 132,825

    TY 2020 OtherExpensesSchedule
    Name:
    ETHEL N BOWEN FOUNDATION
    EIN:
    23-7010740
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LIABILITY INSURANCE 1,978 989   989


    TY 2020 OtherIncomeSchedule2
    Name:
    ETHEL N BOWEN FOUNDATION
    EIN:
    23-7010740
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    RETURN OF 2019 SCHOLARSHIPS 14,500   14,500


    TY 2020 OtherIncreasesSchedule
    Name:
    ETHEL N BOWEN FOUNDATION
    EIN:
    23-7010740
    Description Amount
    UNREALIZED GAINS ON INVESTMENTS 1,013,801


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    ETHEL N BOWEN FOUNDATION
    EIN:
    23-7010740
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUST INVESTMENT FEES 58,021 58,021   0


    TY 2020 TaxesSchedule
    Name:
    ETHEL N BOWEN FOUNDATION
    EIN:
    23-7010740
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WV SECRETARY OF STATE LICENSE 25 0   0