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 04-01-2020 , and ending 03-31-2021
Name of foundation
CHESTER A LEWIS RESIDUARY TRUST CO
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2907 - MC 100-01-02-50
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILSON, NC278942907
A Employer identification number

55-6042379
B Telephone number (see instructions)

(919) 716-9045
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$5,079,718J 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... 82,997 82,802  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 455,955
b Gross sales price for all assets on line 6a 3,634,111
7 Capital gain net income (from Part IV, line 2)... 455,955
8 Net short-term capital gain......... 0
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........ 538,952 538,757  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 25,079 12,540   12,540
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,906 715   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 2 2    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 29,987 13,257 0 12,540
25 Contributions, gifts, grants paid....... 192,635 192,635
26 Total expenses and disbursements. Add lines 24 and 25 222,622 13,257 0 205,175
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 316,330
b Net investment income (if negative, enter -0-) 525,500
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............   651 651
2 Savings and temporary cash investments......... 76,963 37,056 37,056
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 2,348,912    
c Investments—corporate bonds (attach schedule)....... 1,757,245 Click to see attachment1,742,932 1,740,909
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   Click to see attachment2,717,106 3,301,102
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) 4,183,120 4,497,745 5,079,718
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
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 4,183,120 4,497,745
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)..... 4,183,120 4,497,745
30 Total liabilities and net assets/fund balances (see instructions). 4,183,120 4,497,745
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
4,183,120
2
Enter amount from Part I, line 27a .....................
2
316,330
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
110
4
Add lines 1, 2, and 3 ..........................
4
4,499,560
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,815
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,497,745
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 2000. U.S. TREASURY BONDS 2.500% 2/15/45   2020-02-25 2020-04-30
b 6000. U.S. TREASURY BONDS 2.500% 2/15/45   2019-02-08 2020-04-30
c 4000. US TREASURY NOTE DTD 04/30/2015 1.375% 0   2020-02-11 2020-04-30
d 8000. U.S. TREASURY BONDS 2.500% 2/15/45     2020-05-06
e 10000. MARYLAND ST BDS SECOND SERIES A DTD 08/28/2019 5% 08/01/2026   2020-03-24 2020-06-05
9000. U.S. TREASURY NOTES 2.500% 5/15/24   2019-05-17 2020-06-11
1000. U.S. TREASURY BONDS 2.500% 2/15/45   2020-01-02 2020-06-16
4000. U.S. TREASURY NOTES 2.375% 8/15/24   2019-08-15 2020-06-16
10000. CROWN CASTLE INTL CORP DTD 04/15/2014 4.   2017-07-11 2020-07-06
91. ISHARES TR HIGH YLD CORP   2020-05-26 2020-07-28
88. ISHARES TR HIGH YLD CORP   2020-05-26 2020-07-31
9000. U.S. TREASURY NOTES 1.500% 8/15/26   2019-08-01 2020-08-07
1000. U.S. TREASURY NOTES 1.500% 8/15/26   2020-06-05 2020-08-07
9000. SHIRE ACQ INV IRELAND DA DTD 09/23/2016   2019-06-10 2020-08-10
2000. US TREASURY BOND DTD 11/15/2011 3.125% 1   2017-10-04 2020-08-12
6000. U.S. TREASURY BONDS 3.125% 2/15/42   2018-04-20 2020-08-12
2000. U.S. TREASURY BONDS 3.125% 2/15/42   2018-04-20 2020-09-02
10000. U S TREASURY NOTES 2.000% 02/28/21   2019-05-06 2020-09-04
5000. U.S. TREASURY NOTES 1.750% 5/15/22   2019-05-09 2020-09-22
10000. U S TREASURY NOTES 2.250% 07/31/21   2018-10-11 2020-09-23
10000. U S TREASURY NOTES 2.000% 02/28/21   2018-04-23 2020-10-05
12763.402 CAUSEWAY INTL VALUE-INST     2020-10-22
3324.418 DOUBLELINE TOTL RET BND-I     2020-10-22
2334.248 FEDERATED HERMES MDT SM CAP GR     2020-10-22
4167.179 FIDELITY S/T TRSRY BND-INS PR     2020-10-22
1195.696 FIDELITY S/T TRSRY BND-INS PR   2019-12-23 2020-10-22
265.17 HARDING LOEVNER INTL EQ-INST   2019-09-16 2020-10-22
5971.38 LAZARD EMERGING MARKETS FD INSTL CL     2020-10-22
1278.394 NATIXIS LOOMIS SAY GROWTH-Y     2020-10-22
13908.705 METROPOLITAN WEST T/R BD-PLN     2020-10-22
1284.212 MSIF GLOBAL OPPORTUNITY-IS     2020-10-22
7089.289 NEUBERGER BERMAN STRAT INC-I     2020-10-22
747.842 PIMCO REAL RETURN INSTL -122   2019-12-23 2020-10-22
1952.511 PIMCO REAL RETURN INSTL -122   2019-09-16 2020-10-22
11247.635 PGIM INVESTMENTS TTL RETURN BOND R6     2020-10-22
20975.242 STERLING CAP TTL RTRN BND-R6   2017-07-18 2020-10-22
11465.938 STERLING CAP EQTY INC-R6     2020-10-22
4313.118 TOUCHSTONE MID CAP GROW-INST     2020-10-22
1817.142 TOUCHSTONE MID CAP VALUE-INS   2019-12-23 2020-10-22
14098.468 TOUCHSTONE MID CAP VALUE-INS     2020-10-22
7958.934 VANGUARD DEVELOPED MKTS INDEX -127     2020-10-22
35.569 VIRTUS KAR SMALL CAP VALUE I   2018-08-30 2020-10-22
2000. PROCTER & GAMBLE CO DTD 03/23/2020 2.45%   2020-03-23 2020-10-29
10000. US TREASURY BILL NOTE DTD 11/07/2019 0%   2020-05-07 2020-11-05
44.089 INVESCO DEVELOPING MARKETS FUND   2018-08-30 2020-11-13
1080.097 FEDERATED HERMES MDT SM CAP GR   2017-07-18 2020-11-13
70.414 HARDING LOEVNER INTL EQ-INST     2020-11-13
18.645 HARTFORD DIVIDEND AND GRTH-Y   2020-10-22 2020-11-13
25. ISHARES CORE S&P MID-CAP ETF   2020-10-22 2020-11-13
17. ISHARES MSCI EAFE SMALL CAP ETF   2019-02-22 2020-11-13
2. VANGUARD DIVIDEND APPREC ETF   2020-10-22 2020-11-13
3.773 VANGUARD 500 INDEX ADMIRAL FUND   2019-04-26 2020-11-13
250.881 VIRTUS KAR SMALL CAP VALUE I     2020-11-13
76.263 INVESCO DEVELOPING MARKETS FUND   2018-08-30 2020-12-17
188.703 EATON VANCE-ATLANTA SMID-R6   2020-10-22 2020-12-17
113.281 HARDING LOEVNER INTL EQ-INST   2019-02-22 2020-12-17
25. ISHARES CORE S&P MID-CAP ETF   2020-10-22 2020-12-17
38. ISHARES MSCI EAFE SMALL CAP ETF   2019-02-22 2020-12-17
103.851 NATIXIS LOOMIS SAY GROWTH-Y   2019-02-22 2020-12-17
10.71 MSIF GLOBAL OPPORTUNITY-IS   2017-07-18 2020-12-17
121.06 VAN ECK EMERGING MARKETS-I     2020-12-17
456.964 VANGUARD 500 INDEX ADMIRAL FUND     2020-12-17
241.066 VIRTUS KAR SMALL CAP VALUE I     2020-12-17
502.901 JOHCM INTERNATIONAL SEL-I     2020-12-18
1403.604 DODGE & COX INCOME FUND     2020-12-18
1167.426 DOUBLELINE TOTL RET BND-I   2017-07-18 2020-12-18
789.63 GOLDMAN SACHS GQG PRTNRS INTL-INST     2020-12-18
523.177 HARTFORD DIVIDEND AND GRTH-Y     2020-12-18
102. INVESCO S&P 500 EQUAL WEIGHT ETF   2020-12-17 2020-12-18
63. ISHARES CORE S&P MID-CAP ETF   2020-10-22 2020-12-18
123. ISHARES MSCI EAFE SMALL CAP ETF   2019-02-22 2020-12-18
1856.25 PIMCO INVESTMENT GRD CORP-IN     2020-12-18
62.573 T ROWE PR QM US S/C GR EQ-I     2020-12-18
110. VANGUARD DIVIDEND APPREC ETF     2020-12-18
2159.605 WESTERN ASSET CORE BOND-S     2020-12-18
3000. U.S. TREASURY BONDS 1.375% 8/15/50   2020-10-05 2021-01-06
5000. COMCAST CORP DTD 10/05/2018 4.15% 10/15/2028   2019-03-26 2021-01-14
185.428 INVESCO DEVELOPING MARKETS FUND     2021-01-19
489.136 EATON VANCE-ATLANTA SMID-R6   2020-10-22 2021-01-19
376.308 HARDING LOEVNER INTL EQ-INST   2019-02-22 2021-01-19
430.762 NATIXIS LOOMIS SAY GROWTH-Y   2020-11-13 2021-01-19
1099.909 NATIXIS LOOMIS SAY GROWTH-Y     2021-01-19
69.415 MSIF GLOBAL OPPORTUNITY-IS   2017-07-18 2021-01-19
495.165 VAN ECK EMERGING MARKETS-I   2020-10-22 2021-01-19
198.723 VANGUARD 500 INDEX ADMIRAL FUND   2017-07-18 2021-01-19
413.509 VIRTUS KAR SMALL CAP VALUE I     2021-01-19
9000. U S TREASURY NOTES 2.000% 02/28/21   2020-02-05 2021-02-10
74.276 INVESCO DEVELOPING MARKETS FUND   2019-09-16 2021-02-12
1302.324 EATON VANCE-ATLANTA SMID-R6   2020-10-22 2021-02-12
62.973 GOLDMAN SACHS GQG PRTNRS INTL-INST   2021-01-19 2021-02-12
5. ISHARES CORE S&P MID-CAP ETF     2021-02-12
6. ISHARES MSCI EAFE SMALL CAP ETF   2019-02-22 2021-02-12
1414.713 NATIXIS LOOMIS SAY GROWTH-Y   2017-07-18 2021-02-12
260.668 MSIF GLOBAL OPPORTUNITY-IS   2017-07-18 2021-02-12
6.996 T ROWE PR QM US S/C GR EQ-I   2021-01-19 2021-02-12
286.793 VAN ECK EMERGING MARKETS-I   2020-10-22 2021-02-12
9.181 VANGUARD 500 INDEX ADMIRAL FUND   2017-07-18 2021-02-12
2933.211 VIRTUS KAR SMALL CAP VALUE I     2021-02-12
25000. WILLIAMSON CNTY TX TXBL REF LIMITED TAX GO DTD 12/01/2012 2% 02   2012-12-04 2021-02-15
2000. U.S. TREASURY BONDS 2.500% 2/15/45   2020-01-02 2021-02-17
15000. FED NATL MTG ASSN DTD 02/05/2016 1.375%   2018-06-21 2021-02-26
238.259 EATON VANCE-ATLANTA SMID-R6   2020-10-22 2021-03-15
312.461 HARTFORD DIVIDEND AND GRTH-Y     2021-03-15
32. ISHARES CORE S&P MID-CAP ETF   2020-10-22 2021-03-15
9. ISHARES MSCI EAFE SMALL CAP ETF   2019-02-22 2021-03-15
548.943 JANUS HENDERSON SMALL CAP VALUE I   2021-02-12 2021-03-15
18. VANGUARD DIVIDEND APPREC ETF   2021-02-12 2021-03-15
437.366 VANGUARD 500 INDEX ADMIRAL FUND   2017-07-18 2021-03-15
97.598 VIRTUS KAR SMALL CAP VALUE I   2017-07-18 2021-03-15
265.789 MSIF GLOBAL OPPORTUNITY-IS     2021-03-18
3121.434 MSIF GLOBAL OPPORTUNITY-IS   2017-07-18 2021-03-18
8000. PNC FUNDING CORP DTD 03/08/2012 CALLABLE   2019-09-10 2021-03-19
1622.542 DOUBLELINE TOTL RET BND-I     2021-03-26
15.758 GOLDMAN SACHS GQG PRTNRS INTL-INST   2021-01-19 2021-03-26
65.232 HARTFORD DIVIDEND AND GRTH-Y   2020-10-22 2021-03-26
9. INVESCO S&P 500 EQUAL WEIGHT ETF   2021-03-15 2021-03-26
10. ISHARES MSCI EAFE SMALL CAP ETF   2019-02-22 2021-03-26
10639.213 PIMCO INVESTMENT GRD CORP-IN     2021-03-26
83.294 TOUCHSTONE LARGE CAP-INST   2021-03-15 2021-03-26
32. VANGUARD DIVIDEND APPREC ETF     2021-03-26
2.129 VANGUARD 500 INDEX ADMIRAL FUND   2017-07-18 2021-03-26
6427.769 WESTERN ASSET CORE BOND-S   2020-10-22 2021-03-26
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN 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 2,521   2,271 250
b 7,562   5,515 2,047
c 4,000   4,000  
d 9,823   8,653 1,170
e 12,628   11,324 1,304
9,790   9,104 686
1,206   1,030 176
4,344   4,151 193
10,740   10,364 376
7,699   7,468 231
7,484   7,222 262
9,632   8,847 785
1,070   1,050 20
9,196   8,963 233
2,731   2,098 633
8,211   6,017 2,194
2,735   2,006 729
10,090   9,985 105
5,132   4,962 170
10,181   9,943 238
10,076   9,969 107
169,753   183,588 -13,835
35,571   35,707 -136
61,647   56,283 5,364
45,214   43,223 1,991
12,973   12,567 406
6,664   5,847 817
92,079   104,465 -12,386
29,211   21,074 8,137
151,466   140,013 11,453
53,552   26,668 26,884
78,266   79,468 -1,202
9,109   8,398 711
23,782   21,771 2,011
166,240   162,789 3,451
237,649   222,140 15,509
237,804   229,734 8,070
163,553   139,510 24,043
32,818   35,362 -2,544
254,618   263,991 -9,373
106,093   106,951 -858
758   709 49
2,151   1,997 154
9,993   9,993  
2,189   1,917 272
30,513   24,369 6,144
1,864   1,536 328
519   492 27
5,246   4,945 301
1,067   970 97
274   265 9
1,251   1,025 226
5,770   4,826 944
4,050   3,316 734
7,071   6,982 89
3,183   2,417 766
5,697   4,945 752
2,578   2,167 411
2,509   1,666 843
480   219 261
2,684   2,433 251
157,506   105,215 52,291
5,986   4,323 1,663
14,946   14,277 669
20,493   20,799 -306
12,515   12,526 -11
14,150   13,774 376
14,738   13,921 817
12,961   12,951 10
14,439   12,462 1,977
8,300   7,015 1,285
20,864   20,662 202
3,002   2,825 177
15,459   14,758 701
29,392   29,551 -159
2,684   2,855 -171
5,923   5,248 675
10,371   7,982 2,389
18,851   18,098 753
11,052   8,030 3,022
9,942   9,981 -39
25,386   16,440 8,946
3,110   1,419 1,691
11,770   9,913 1,857
69,706   45,184 24,522
10,755   7,869 2,886
9,008   9,000 8
4,370   3,174 1,196
52,106   48,186 3,920
1,201   1,153 48
1,266   1,169 97
433   342 91
34,208   20,570 13,638
12,940   5,329 7,611
366   353 13
7,239   5,742 1,497
3,339   2,087 1,252
80,077   51,011 29,066
25,000   25,016 -16
2,194   2,059 135
15,000   15,000  
9,988   8,816 1,172
9,749   9,119 630
8,513   6,330 2,183
650   513 137
13,910   12,752 1,158
2,603   2,573 30
160,706   99,444 61,262
2,784   1,690 1,094
11,907   12,090 -183
139,840   63,813 76,027
8,211   8,087 124
17,053   17,372 -319
288   289 -1
2,058   1,720 338
1,267   1,275 -8
723   570 153
114,265   117,526 -3,261
1,423   1,391 32
4,699   4,532 167
781   484 297
84,075   87,821 -3,746
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
      60,810
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       250
b       2,047
c        
d       1,170
e       1,304
      686
      176
      193
      376
      231
      262
      785
      20
      233
      633
      2,194
      729
      105
      170
      238
      107
      -13,835
      -136
      5,364
      1,991
      406
      817
      -12,386
      8,137
      11,453
      26,884
      -1,202
      711
      2,011
      3,451
      15,509
      8,070
      24,043
      -2,544
      -9,373
      -858
      49
      154
       
      272
      6,144
      328
      27
      301
      97
      9
      226
      944
      734
      89
      766
      752
      411
      843
      261
      251
      52,291
      1,663
      669
      -306
      -11
      376
      817
      10
      1,977
      1,285
      202
      177
      701
      -159
      -171
      675
      2,389
      753
      3,022
      -39
      8,946
      1,691
      1,857
      24,522
      2,886
      8
      1,196
      3,920
      48
      97
      91
      13,638
      7,611
      13
      1,497
      1,252
      29,066
      -16
      135
       
      1,172
      630
      2,183
      137
      1,158
      30
      61,262
      1,094
      -183
      76,027
      124
      -319
      -1
      338
      -8
      153
      -3,261
      32
      167
      297
      -3,746
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 455,955
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 7,304
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 7,304
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 7,304
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,180
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,180
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 4,124
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 ofbulletBRANCH BANKING & TRUST COMPANY Telephone no.bullet (304) 348-7271

    Located atbullet300 SUMMERS STREETCHARLESTONWV ZIP+4bullet253011624
    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
    Yes
     
    ........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
    BRANCH BANKING & TRUST COMPANY TRUSTEE
    1     		25,079    
    300 SUMMERS STREET
    CHARLESTON,WV253011624
    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.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,668,449
    b
    Average of monthly cash balances.......................
    1b
    56,292
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,724,741
    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
    4,724,741
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    70,871
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,653,870
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    232,694
    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
    232,694
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    7,304
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,304
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    225,390
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    225,390
    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
    225,390
    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
    205,175
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    205,175
    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
    205,175
    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 7 225,390
    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...... 13,553
    b From 2016...... 14,471
    c From 2017...... 15,458
    d From 2018...... 33,997
    e From 2019...... 1,852
    fTotal of lines 3a through e........ 79,331
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 205,175
    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..... 205,175
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 20,215 20,215
    (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 59,116
    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 ......     		59,116
    10 Analysis of line 9:
    a Excess from 2016.... 7,809
    b Excess from 2017.... 15,458
    c Excess from 2018.... 33,997
    d Excess from 2019.... 1,852
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    UNIVERSITY OF CHARLESTON
    2300 MACCORKLE AVE SE
    CHARLESTON,WV25304     		NONE PC EDUCATIONAL ASSISTANCE 192,635
    Total .................................bullet 3a 192,635
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 82,997  
    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 ............     		    18 455,955  
    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)..   538,952  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    538,952
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    CHESTER A LEWIS RESIDUARY TRUST CO
    EIN:
    55-6042379
    Name of Bond End of Year Book Value End of Year Fair Market Value
    00206RCP5 AT&T INC DTD 05/04/2 4,958 5,634
    00287YBF5 ABBVIE INC DTD 9/18/ 8,156 9,111
    00751YAF3 ADVANCE AUTO PARTS D 10,976 10,799
    025537AJ0 AMERICAN ELECTRIC PO 9,015 9,700
    05526DAZ8 BAT CAPITAL CORP DTD 9,367 9,580
    06051GEU9 BANK OF AMERICA CORP 10,067 10,505
    06051GJM2 BANK OF AMERICA CORP 5,019 4,575
    06367WMQ3 BANK OF MONTREAL DTD 8,999 9,496
    084664BV2 BERKSHIRE HATHAWAY D 4,393 4,705
    126650DP2 CVS DTD 08/21/2020 2 10,006 9,186
    14040HBG9 CAPITAL ONE FINANCIA 10,144 10,657
    142339AG5 CARLISLE COS INC DTD 8,010 8,672
    17275RAF9 CISCO SYSTEMS INC SY 3,719 4,051
    172967LP4 CITIGROUP INC DTD 07 8,949 9,837
    20030NDM0 COMCAST CORP 9,997 9,611
    20772KJX8 CONNECTICUT ST TXBL 10,264 10,432
    20825CAQ7 CONOCOPHILLIPS DTD 1 5,175 5,697
    21036PBC1 CONSTELLATION BRANDS 9,233 10,336
    22822VAR2 CROWN CASTLE INTL CO 9,024 8,352
    25470DAR0 DISCOVERY COMMUNICAT 5,868 6,551
    256210105 DODGE & COX INCOME F 268,676 259,293
    258620103 DOUBLELINE TOTAL RET 133,610 130,368
    26441CAL9 DUKE ENERGY CORP DTD 11,353 11,827
    26884ABA0 ERP OPERATING LP ERP 7,990 8,356
    29364WBD9 ENTERGY LOUISIANA LL 4,988 4,573
    29379VAG8 ENTERPRISE PRODUCTS 5,434 5,223
    31359MGK3 FED NATL MTG ASSN DT 8,569 8,555
    3135G0K36 FED NATL MTG ASSN DT 29,406 31,717
    3135G0T94 FED NATL MTG ASSN DT 14,824 15,597
    3135G0ZR7 FED NATL MTG ASSN DT 15,366 16,119
    3137EADB2 FED HOME LOAN MTG CO 10,058 10,180
    316773CX6 FIFTH THIRD BANCORP 9,765 9,696
    337738AT5 FISERV INC DD 06/24/ 9,012 9,701
    38141GWJ9 GOLDMAN SACHS DTD 06 9,010 9,241
    40414LAN9 HCP INC DTD 05/20/20 10,217 11,050
    436106AA6 HOLLYFRONTIER CORP D 9,905 10,197
    437076CC4 HOME DEPOT INC DTD 0 6,938 7,351
    46625HJB7 JPMORGAN CHASE & CO 9,898 10,669
    49446RAM1 KIMCO REALTY CORP DT 7,898 8,577
    49456BAP6 KINDER MORGAN INC DT 4,886 5,587
    57420PGN0 MARYLAND ST ECON DEV 20,026 20,594
    58013MFM1 MCDONALD'S CORP DTD 10,056 9,757
    58933YBB0 MERCK & CO INC DTD 0 5,859 5,292
    59156RBG2 METLIFE INC DTD 11/1 11,529 12,530
    59261AG76 MET TRANSPRTN AUTH N 6,590 6,193
    606822AL8 MITSUBISHI UJF FINAN 9,220 9,209
    6174468C6 MORGAN STANLEY DTD 0 13,406 14,421
    654106AH6 NIKE INC DTD 03/27/2 3,995 4,215
    655844CF3 NORFOLK SOUTHERN COR 4,988 4,693
    65819WAH6 NORTH CAROLINA ST ES 25,284 26,679
    670346AP0 NUCOR CORP DTD 04/26 4,993 5,567
    67066GAF1 NVIDIA CORP DTD 03/3 5,236 5,247
    68609TJU3 OREGON ST TXBL-ARTIC 10,000 11,025
    693475AX3 PNC FIN SVCS DTD 07/ 9,541 9,503
    713448DP0 PEPSICO INC DTD 10/0 4,643 5,263
    717081EU3 PFIZER INC DTD 03/11 5,922 6,816
    722005816 PIMCO INVESTMENT GRA 134,377 130,874
    73358WAJ3 PORT AUTH OF NEW YOR 20,003 19,544
    74456QCD6 PUBLIC SERV ELEC & G 4,980 4,589
    816851BH1 SEMPRA ENERGY DTD 01 4,358 4,290
    822582CD2 SHELL INTERNATIONAL 8,936 9,060
    824348AW6 SHERWIN-WILLIAMS CO 9,964 10,909
    84247PHY0 STHRN CA PUBLIC PWR 20,524 21,326
    85917K744 STERLING CAPITAL QUA 187,188 187,910
    86481ABL7 SUFFOLK VA TXBL DTD 10,000 9,291
    87612EBF2 TARGET CORP DTD 04/1 4,783 5,447
    89114QCA4 TORONTO DOMINION BAN 9,059 9,545
    912810RB6 US TREASURY BOND DTD 14,395 15,279
    912810SP4 US TREASURY NOTE DTD 9,516 7,772
    9128282A7 US TREASURY NOTE DTD 11,508 11,261
    912828B25 US TREASURY INFL IND 11,535 12,149
    912828F96 US TREASURY NOTE DTD 10,154 10,113
    912828J27 US TREASURY NOTE DTD 2,966 3,158
    912828VS6 US TREASURY NOTE DTD 16,080 16,865
    912828XG0 US TREASURY NOTE DTD 19,186 19,477
    913017CY3 UNITED TECHNOLOGIES 9,786 10,129
    92343VCK8 VERIZON COMMUNICATIO 6,208 5,982
    92818NGP7 VIRGINIA ST RESOURCE 10,000 10,461
    949746SH5 WELLS FARGO & CO DTD 8,943 9,622
    957663677 WESTERN ASSET CORE B 272,889 261,880
    960413AU6 WESTLAKE CHEMICAL CO 4,953 5,409
    961214DF7 WESTPAC BANKING CORP 10,211 9,936
    977100HC3 WISCONSIN ST GEN FU 10,000 10,263

    TY 2020 InvestmentsOtherSchedule2
    Name:
    CHESTER A LEWIS RESIDUARY TRUST CO
    EIN:
    55-6042379
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    00143W859 INVESCO OPPENHEIMER AT COST 106,222 141,255
    00770G847 JOHCM INTERNATIONAL AT COST 142,899 153,830
    233203371 DFA INTERNATIONAL CO AT COST 156,075 154,471
    277902235 EATON VANCE -ATLANTA AT COST 227,593 253,724
    38147N293 GOLDMAN SACHS GQG PA AT COST 145,957 153,562
    412295107 HARDING LOEVNER INTE AT COST 80,772 152,334
    416645828 HARTFORD DIVIDEND AN AT COST 139,254 164,760
    46137V357 INVESCO S&P 500 EQUA AT COST 272,749 296,069
    464287507 ISHARES S&P MIDCAP 4 AT COST 115,616 151,483
    464288273 ISHARES MSCI EAFE SM AT COST 69,932 87,286
    464288646 ISHARES SHORT-TERM C AT COST 87,052 87,051
    47103C183 JANUS HENDERSON PERK AT COST 144,321 151,896
    543487110 NATIXIS LOOMIS SAY G AT COST 215,115 348,963
    641224795 NEUBERGER & BERMAN R AT COST 99,643 98,351
    87283A102 T ROWE PRICE QM US S AT COST 27,689 30,465
    89154Q539 TOUCHSTONE LARGE CAP AT COST 99,964 102,059
    921075438 VAN ECK EMERGING MAR AT COST 128,286 141,069
    921908844 VANGUARD DIVIDEND AP AT COST 148,259 164,288
    922908710 VANGUARD 500 INDEX F AT COST 266,145 399,430
    92828N668 VIRTUS KAR SMALL CAP AT COST 43,563 68,756

    TY 2020 OtherDecreasesSchedule
    Name:
    CHESTER A LEWIS RESIDUARY TRUST CO
    EIN:
    55-6042379
    Description Amount
    SALES TIMING ADJUSTMENT 54
    ACCRUED INTEREST CARRYOVER 84
    2020 TRANSACTION POSTED IN 2021 1,376
    INTEREST EXEMPT FROM STATE 261
    ROUNDING 40


    TY 2020 OtherExpensesSchedule
    Name:
    CHESTER A LEWIS RESIDUARY TRUST CO
    EIN:
    55-6042379
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSE (NON-DEDUCTIBLE 2 2   0


    TY 2020 OtherIncreasesSchedule
    Name:
    CHESTER A LEWIS RESIDUARY TRUST CO
    EIN:
    55-6042379
    Description Amount
    RETURN OF CAPITAL ADJUSTMENT 110


    TY 2020 TaxesSchedule
    Name:
    CHESTER A LEWIS RESIDUARY TRUST CO
    EIN:
    55-6042379
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX PAYMENT - PRIOR YE 1,011 0   0
    FEDERAL ESTIMATES - PRINCIPAL 3,180 0   0
    FOREIGN TAXES ON QUALIFIED FOR 689 689   0
    FOREIGN TAXES ON NONQUALIFIED 26 26   0