TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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 05-01-2020 , and ending 04-30-2021

Name of foundation
ELLMAR FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1291
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
TARPON SPRINGS, FL346881291

A Employer identification number

59-3451317

B Telephone number (see instructions)

(727) 938-0160

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$19,631,658J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	281,588		281,588	281,588
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		665,813
b	Gross sales price for all assets on line 6a 5,535,380
7	Capital gain net income (from Part IV, line 2)...			665,813
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	947,401		947,401	281,588
13	Compensation of officers, directors, trustees, etc.	21,333		14,933	0	0
14	Other employee salaries and wages......	19,064		13,345	0	0
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		4,294	0	0	0
b	Accounting fees (attach schedule).......		3,000	0	0	0
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		13,334	6,153	0	0
19	Depreciation (attach schedule) and depletion...		29,960	29,960	0
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		138,379	74,689	0	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	229,364		139,080	0	0
25	Contributions, gifts, grants paid.......	1,197,957				1,197,957
26	Total expenses and disbursements. Add lines 24 and 25	1,427,321		139,080	0	1,197,957
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-479,920
b	Net investment income (if negative, enter -0-)			808,321
c	Adjusted net income (if negative, enter -0-)...				281,588

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2020)

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	406,141	128,380	128,380
	2	Savings and temporary cash investments.........	802,716	464,755	464,755
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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).......	10,522,243	10,606,625	14,788,908
	c	Investments—corporate bonds (attach schedule).......	3,208,554	3,296,292	3,363,985
	11	Investments—land, buildings, and equipment: basis 1,258,418
		Less: accumulated depreciation (attach schedule) 583,480	704,899	674,938	867,300
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	24,687	18,330	18,330
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	15,669,240	15,189,320	19,631,658
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	15,246,985	14,767,065
	25	Net assets with donor restrictions............	422,255	422,255
		Foundations that do not follow FASB ASC 958, check here
		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).....	15,669,240	15,189,320
	30	Total liabilities and net assets/fund balances (see instructions).	15,669,240	15,189,320

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

15,669,240

Enter amount from Part I, line 27a .....................

-479,920

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

15,189,320

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

15,189,320

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
1 a	BNY LONG TERM CAPITAL GAIN
b	BNY SHORT TERM CAPITAL GAIN
c	PRINTER	P
d	COMPUTER	P
e	PHONE SYSTEM 14	P
	WORKSTATION AND MONITOR	P
	COMPUTER SOFTWARE	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	3,226,214		2,701,655	524,559
b	2,309,166		2,167,912	141,254
c		428	428	0
d		1,289	1,289	0
e		2,924	2,924	0
		1,068	1,068	0
		535	535	0

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			524,559
b			141,254
c			0
d			0
e			0
			0
			0

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	665,813
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 ...................		3	141,254

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

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	11,236
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	11,236
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	11,236
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	18,175
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	18,175
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	6,939
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax6,939	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

CARR RIGGS & INGRAM LLC Telephone no. bullet

(727) 446-0504

Located at bullet

600 CLEVELAND SREET 1000CLEARWATERFL ZIP+4 bullet

33755

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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-)
CAROL MARTIN	PRESIDENT/DIRECTOR 20.00	10,833
PO BOX 1291 TARPON SPRINGS,FL346881291	PRESIDENT/DIRECTOR 20.00	10,833
STELLA HIMONETOS	SECRETARY 6.00	10,500
PO BOX 1291 TARPON SPRINGS,FL346881291	SECRETARY 6.00	10,500
CHRISTINE GAGNON	DIRECTOR 6.00	0
PO BOX 1291 TARPON SPRINGS,FL346881291	DIRECTOR 6.00	0
LYNN BRADLEY	DIRECTOR 6.00	0
PO BOX 1291 TARPON SPRINGS,FL346881291	DIRECTOR 6.00	0
HELEN CAHALIN	DIRECTOR 6.00	0
PO BOX 1291 TARPON SPRINGS,FL346881291	DIRECTOR 6.00	0
PETER RISTORCELLI	CFO 6.00	0
PO BOX 1291 TARPON SPRINGS,FL346881291	CFO 6.00	0

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...................				0

Form 990-PF (2020)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

15,523,429

Average of monthly cash balances.......................

861,506

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

16,384,935

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

16,384,935

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

245,774

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

16,139,161

Minimum investment return. Enter 5% of line 5..................

806,958

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.)

Minimum investment return from Part X, line 6....................

806,958

Tax on investment income for 2020 from Part VI, line 5......

11,236

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

11,236

Distributable amount before adjustments. Subtract line 2c from line 1............

795,722

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

795,722

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

795,722

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,197,957

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

1,197,957

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

1,197,957

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)

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					795,722
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2020:
a From 2015......
b From 2016......
c From 2017......	6,247
d From 2018......	387,350
e From 2019......	371,545
fTotal of lines 3a through e........		765,142
4Qualifying distributions for 2020 from Part
XII, line 4: $ 1,197,957
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.....					795,722
e Remaining amount distributed out of corpus		402,235
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		1,167,377
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 ......		1,167,377
10 Analysis of line 9:
a Excess from 2016....
b Excess from 2017....	6,247
c Excess from 2018....	387,350
d Excess from 2019....	371,545
e Excess from 2020....	402,235

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

CAROL MARTIN

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

CHRISTINE GAGNON
575 ANCLOTE ROAD
TARPON SPRINGS,FL34689
(727) 938-0160

bThe form in which applications should be submitted and information and materials they should include:

WRITTEN REQUEST

cAny submission deadlines:

N/A

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

FLORIDA, EDUCATIONAL, SPECIAL NEEDS

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AMERICAN CANCER SOCIETY 250 WILLIAMS STREET NW ATLANTA,GA30303	NONE	PC	HEALTH	10,000
BLACK DAGGER MILITARY HUNT CLUB INC 4217 AMBER RIDGE LANE VALRICO,FL33594	NONE	PC	VETERAN SUPPORT	2,500
BOYS AND GIRLS CLUB OF THE SUNCOAST 4625 E BAY DR UNIT 103 CLEARWATER,FL33764	NONE	PC	COMMUNITY	20,000
COPPERHEAD CHARITIES INC 36750 US HIGHWAY 19 N PALM HARBOR,FL34684	NONE	PC	COMMUNITY	250,000
CORNERSTONE CHRISTIAN SCHOOL 317 MILWAUKEE AVE DUNEDIN,FL34698	NONE	PC	EDUCATION	75,000
FLORIDA VETERANS HALL OF FAME SOCIETY INC 3605 DONEGAL DRIVE TALLAHASSEE,FL32309	NONE	PC	VETERAN SUPPORT	15,000
GULF COAST CHURCH 13301 WALSINGHAM RD LARGO,FL33774	NONE	PC	RELIGIOUS	5,000
HABITAT FOR HUMANITY OF PINELLAS COUNTY 14010 ROOSEVELT BLVD SUITE 704 CLEARWATER,FL33762	NONE	PC	COMMUNITY	50,000
INSPIRE EQUINE THERAPY PROGRAM 1750 ARCADIA RD HOLIDAY,FL34690	NONE	PC	HEALTH	60,000
INTERNATIONAL INSTITUTE OF ORTHOTICS & PROSTHETICS 4809 MEMORIAL HWY TAMPA,FL33634	NONE	PC	HEALTH	150,000
METROPOLITAN MINISTRIES 2002 N FLORIDA AVENUE TAMPA,FL33602	NONE	PC	COMMUNITY	25,000
ONE MILE LEADERSHIP PROJECT W234N7339 FONTAINE CIRCLE SUSSEX,WI53089	NONE	PC	COMMUNITY	10,000
PINELLAS EDUCATION FOUNDATION 12090 STARKEY RD LARGO,FL33773	NONE	PC	EDUCATION	300,000
REAL WORLD SCHOLARS INC 2159 INDIA ST STE 200 SAN DIEGO,CA92101	NONE	PC	EDUCATION	100,000
RYAN WELLS FOUNDATION INC 3636 WOODRIDGE PL PALM HARBOR,FL34684	NONE	PC	EDUCATION	10,000
SHRINE CIRCUS FUND 405 DANA SHORES DRIVE TAMPA,FL33634	NONE	PC	COMMUNITY	1,000
SPECIAL OPERATIONS WARRIOR GOLF FOUNDATION 2021 N LEMANS BLVD UNIT 7202 TAMPA,FL33607	NONE	PC	VETERAN SUPPORT	20,000
TARPON SPRINGS BAND BOOSTERS 1411 GULF RD TARPON SPRINGS,FL34689	NONE	PC	COMMUNITY	2,000
THE BACKPACK LADY PROJECT 1271 STONY BROOK LANE DUNEDIN,FL34698	NONE	PC	EDUCATION	1,000
THE SHEPHERD CENTER 304 S PINELLAS AVE TARPON SPRINGS,FL34689	NONE	PC	COMMUNITY	35,000
USF OFFICE OF VETERANS SUCCESS 4202 E FOWLER AVENUE ALN 130 TAMPA,FL33620	NONE	PC	EDUCATION	15,000
VETERANS ALTERNATIVE 1750 ARCADIA RD HOLIDAY,FL34690	NONE	PC	VETERAN SUPPORT	30,000
WILDLIFE RESCUE AND REHAB 9500 82ND AVE LARGO,FL33777	NONE	PC	ANIMAL	11,457
Total ................................. 3a				1,197,957

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	281,588
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	665,813
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		947,401	0

13Total. Add line 12, columns (b), (d), and (e)..................

947,401

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

ELLMAR FOUNDATION INC

EIN:

59-3451317

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
RISTORCELLI & ASSOCIATE	3,000	0	0	0

- TIN:

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

TY 2020 DepreciationSchedule

Name:

ELLMAR FOUNDATION INC

EIN:

59-3451317

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income
INNESS MANOR - LAND	1997-05-01	100,000		L		0	0
INNES MANOR - BUILDING	1997-05-01	200,000	117,738	SL	39.000000000000	5,128	5,128
BUILDING IMPROVEMENTS 1997	1997-05-01	315,601	184,533	SL	39.000000000000	8,170	8,170
BUILDING IMPROVEMENTS 2000	1999-05-01	77,745	40,848	SL	39.000000000000	2,045	2,045
BUILDING IMPROVEMENTS 2001	2001-05-01	203,972	99,152	SL	39.000000000000	5,230	5,230
BUILDING IMPROVEMENTS 2002	2002-05-01	194,947	89,825	SL	39.000000000000	4,996	4,996
BUILDING IMPROVEMENTS	2007-08-24	5,406	1,765	SL	39.000000000000	139	139
BUILDING IMPROVEMENTS - PAINTING	2008-05-28	21,800	6,685	SL	39.000000000000	559	559
PRINTER	2009-06-01	428	428	200DB	5.000000000000	0	0
COMPUTER - PC FOR STELLA	2010-01-19	1,289	1,289	200DB	5.000000000000	0	0
BUILDING IMPROVEMENTS 2014	2014-02-26	13,019	2,074	SL	39.000000000000	334	334
PHONE SYSTEM 14	2013-08-28	2,924	2,794	200DB	7.000000000000	130	130
WORKSTATION & MONITOR FOR STELLA	2013-09-16	1,068	1,068	200DB	5.000000000000	0	0
COMPUTER SOFTWARE	2014-01-14	535	535	200DB	3.000000000000	0	0
REPLACE SIDING -INNESS MANOR	2015-01-01	15,718	2,133	SL	39.000000000000	403	403
BUILDING IMPROVEMENTS 2015	2015-06-25	41,000	5,124	SL	39.000000000000	1,051	1,051
BUILDING IMPROVEMENTS 2017	2018-03-01	69,210	3,773	SL	39.000000000000	1,775	1,775

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

ELLMAR FOUNDATION INC

EIN:

59-3451317

Name of Bond	End of Year Book Value	End of Year Fair Market Value
UNITED STATES TREASURY NOTE DTD 8/15/2011 2.125% 8/15/2021	91,328	90,536
PROVINCE OF QUEBEC DTD 8/25/2011 2.75% 8/25/2021	35,800	35,278
UNITED STATES TREASURY NOTE DTD 11/15/2018 2.875% 11/15/2021	112,555	111,668
UNITED STATES TREASURY NOTE DTD 5/15/2012 1.75% 5/15/2022	109,709	111,900
B B & T CORPORATION DTD 3/18/2019 3.05% 6/20/2022	30,721	30,878
LLOYDS BANK PLC DTD 8/14/2019 2.25% 8/14/2022	30,097	30,724
JOHN DEERE DTD 9/8/17 2.15% 9/8/2022	29,497	30,804
UNITED STATES TREASURY NOTE DTD 10/15/2019 1.3750% 10/15/2022	113,001	112,002
NEW BRUNSWICK PROV CDA DTD 12/12/2017 2.5% 12/12/2022	34,780	36,240
SANTANDER UK PLC DTD 1/13/2020 2.1% 1/13/2023	31,086	30,865
BARCLAYS PLC DTD 11/15/2018 VAR 2/15/2023	30,910	30,935
MORGAN STANLEY DTD 2/25/2013 3.75% 2/25/2023	31,317	31,799
UNITED PARCEL SERVICE DTD 11/14/2017 2.5% 4/1/2023	29,266	31,222
UNITED STATES TREASURY NOTE DTD 5/15/2013 1.75% 5/15/2023	108,726	113,494
GOLDMAN SACHS GROUP INC/THE DTD 7/24/2017 FLTG RATE 7/24/2023	29,614	30,883
SHELL INTERNATIONAL FIN DTD 8/12/2013 3.4% 8/12/2023	31,223	32,066
PROVINCE OF ONTARIO CANADA DTD 10/17/20183.4% 10/17/2023	34,957	37,558
BANK OF MONTREAL DTD 2/5/2019 3.3% 2/5/2024	30,255	32,265
WESTPAC BKG CORP DTD 2/26/19 3.3% 2/26/24	31,281	32,319
PFIZER INC DTD 05/15/2014 3.4% 05/15/2024	31,611	32,581
HSBC HLDGS PLC DTD 5/18/2018 FLTG RATE 5/18/2024	30,075	32,003
TORONTO-DOMINION BANK DTD 6/12/2019 2.65% 6/12/2024	31,964	31,861
UNITED STATES TREASURY NOTE DTD 8/15/2014 2.375 8/15/2024	112,202	117,047
CREDIT SUISSE NEW YORK DTD 9/9/2014 3.625% 9/9/2024	31,148	32,647
AMERICAN HONDA FINANCE DTD 9/10/2019 2.15% 9/10/2024	29,921	31,411
TOTAL CAPITAL INTERNATIONAL SA DTD 7/10/2019 2.434 1/10/2025	30,074	31,612
UNITED STATES TREASURY NOTE DTD 2/15/2015 2% 2/15/2025	109,440	116,007
T J X COS INC DTD 4/1/2020 3.5% 4/15/2025	33,547	32,822
BANK OF AMERICA CORP DTD 4/21/2015 3.95% 4/21/2025	30,770	32,988
MICROSOFT CORP DTD 11/3/2015 3.125% 11/3/2025	30,809	32,804
WALT DISNEY COMPANY/THE DTD 5/13/2020 1.75% 1/13/2026	31,328	30,828
ROYAL BANK OF CANADADTD 1/27/2016 4.65% 1/27/2026	32,392	34,353
JPMORGAN CHASE & CO DTD 3/23/2016 3.3% 4/1/2026	29,961	32,730
U S BANCORP DTD 4/26/2016 3.1% 4/27/2026	29,239	32,492
UNITED STATES TREASURY NOTE DTD 5/16/2016 1.625% 5/15/2026	96,726	103,715
SUMITOMO MITSUI FINL GROUP I 2.6320% DTD 7/14/2016 2.632% 7/14/2026	31,077	31,666
COOPERATIEVE RABOBANK UA DTD 7/21/2016 3.75% 7/21/2026	30,383	32,837
VERIZON COMMUNICATIONS DTD 8/1/2016 2.625% 8/15/2026	31,050	37,167
APPLE INC DTD 9/11/2019 2.05% 9/11/2026	29,696	31,326
UNITED STATES TREASURY NOTE DTD 02/15/2017 2.25% 02/15/2027	99,393	106,727
ORACLE CORPDTD 4/1/2020 2.8% 4/1/2027	32,020	31,785
SIMON PROPERTY GROUP LP DTD 12/11/2017 3.375% 12/1/2027	29,724	32,538
A T & T INC DTD 8/15/2018 4.1% 2/15/2028	29,531	33,685
COMCAST CORP DTD 8/7/2017 3.15% 2/15/2028	30,682	32,503
GLAXOSMITHKLINE CAP INC DTD 5/15/2018 3.875% 5/15/2028	35,202	34,037
UNITED STATES TREASURY NOTE DTD 5/15/2018 2.875% 5/15/2028	77,782	82,901
B P CAP MARKETS AMERICA DTD 11/6/2018 4.234% 11/6/2028	34,113	34,238
ANHEUSER-BUSCH INBEV WOR DTD 1/23/2019 4.75% 1/23/2029	31,214	35,191
WELLS FARGO & COMPANYDTD 1/24/2019 4.15% 1/24/2029	30,956	34,036
PNC FINANCIAL SERVICESDTD 4/22/2019 3.45% 4/23/2029	32,625	33,090
PEPSICO INCDTD 7/29/2019 2.625% 7/29/2029	27,519	26,231
UNITED STATES TREASURY NOTE/BOND -DTD 8/15/2019 1.625% 8/15/2029	61,375	60,689
INTEL CORP DTD 11/21/2019 2.45% 11/15/2029	31,146	30,927
UNITED STATES TREAS NTS 1.5000%DTD 2/18/2020 1.5% 2/15/2030	58,498	54,800
CITIGROUP INC DTD 3/20/2019 FLTG RATE 3/20/2030	34,976	33,443
BNY MELLON HIGH YIELD FUND - CLASS I	550,000	540,502
BNY MELLON FLOATING RATE INCOME FUND -CLASS Y	250,000	242,329

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

ELLMAR FOUNDATION INC

EIN:

59-3451317

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ISHARES TR ( IJH ) S& P MIDCAP 400 INDEX FD	1,474,652	2,065,376
AON PLC/IRELAND A ( AON )	17,951	19,109
EATON CORP PLC ( ETN )	40,016	63,747
HORIZON THERAPEUTICS PUBLIC LIMITED ( HZNP )	14,670	28,386
MEDTRONIC, PLC ADR ( MDT )	76,881	92,560
TRANE TECHNOLOGIES PUBLIC LIMITED CO( TT )	25,372	43,284
CHUBB LIMITED ( CB )	33,160	43,755
NXP SEMICONDUCTORS N V ( NXPI )	10,365	17,133
A E S CORP ( AES )	20,733	26,707
ABBOTT LABORATORIES ( ABT )	17,112	16,571
ABBVIE INC. ( ABBV )	97,006	118,971
ALLY FINANCIAL INC. ( ALLY )	25,776	44,247
ALPHABET, INC. ( GOOG )	147,031	289,214
AMAZON.COM INC ( AMZN )	77,643	204,578
AMERIPRISE FINANCIAL INC ( AMP )	82,255	93,799
AMETEK INC NEW ( AME )	30,247	41,019
ANSYS INC ( ANSS )	28,730	28,887
ANTHEM INC. ( ANTM )	18,686	25,040
APPLE INC ( AAPL )	55,673	192,195
APPLIED MATERIALS INC ( AMAT )	61,709	105,372
ARMSTRONG WORLD INDUSTRIES ( AWI )	19,331	20,730
ARRAY TECHNOLOGIES, INC. ( ARRY )	22,338	14,080
ASSURANT INC ( AIZ )	52,748	62,396
BANK OF AMERICA CORPORATION ( BAC )	63,529	85,113
BECTON DICKINSON & CO ( BDX )	35,859	36,326
BERKSHIRE HATHAWAY INC DEL CL B ( BRK.B )	64,140	86,334
BOOKING HOLDINGS INC. ( BKNG )	39,806	51,788
CF INDUSTRIES HOLDINGS INC ( CF )	28,196	40,849
CVS HEALTH CORPORATION ( CVS )	27,663	29,032
CAPITAL ONE FINANCIAL CORPORATION ( COF )	39,078	71,260
CARRIER GLOBAL CORPORATION ( CARR )	20,769	35,387
CISCO SYSTEMS INC ( CSCO )	39,510	44,801
CLEARWAY ENERGY INC ( CWEN )	19,162	24,100
COMCAST CORP CL A ( CMCSA )	37,207	44,359
CORNING INC ( GLW )	33,577	49,957
CROWDSTRIKE HOLDINGS INC ( CRWD )	24,411	23,145
DANAHER CORP ( DHR )	50,792	55,105
DEVON ENERGY CORPORATION NEW ( DVN )	37,292	39,746
DEXCOM INC. ( DXCM )	15,018	20,849
DOLBY LABORATORIES INC ( DLB ) CL -A	13,016	22,323
E Q T CORPORATION ( EQT )	27,850	30,369
EDWARDS LIFESCIENCES CORP ( EW )	12,592	12,418
EXELON CORP ( EXC )	48,347	54,827
EXXON MOBIL CORP ( XOM )	44,324	48,082
FACEBOOK INC. ( FB )	36,204	70,217
FARFETCH LIMITED ( FTCH )	20,840	19,106
FEDEX CORP ( FDX )	12,346	16,257
FREEPORT MCMORAN COPPER & GOLD INC ( FCX )	10,085	42,235
GENERAL MOTORS CO ( GM )	21,517	38,337
GOLDMAN SACHS GROUP INC ( GS )	15,898	35,193
H C A HOLDINGS INC ( HCA )	16,442	19,302
HESS CORPORATION ( HES )	35,897	45,451
HOWMET AEROSPACE INC ( HWM )	24,427	25,248
HUBBELL INC COM ( HUBB )	24,283	29,570
HUBSPOT, INC. ( HUBS )	12,376	42,642
INGERSOLL RAND INC ( IR )	25,187	36,761
INTUITIVE SURGICAL INC ( ISRG )	39,357	54,495
JP MORGAN CHASE & CO ( JPM )	67,127	111,512
HARRIS CORPORATION ( LHX )	50,089	55,446
LAS VEGAS SANDS CORP ( LVS )	28,037	31,243
LENNAR CORP CLASS A ( LEN )	10,420	22,792
LILLY ELI & CO ( LLY )	77,525	96,137
LOWE'S COMPANIES INC ( LOW )	18,680	33,755
MARATHON PETROLEUM CORP ( MPC )	64,108	70,119
MARVELL TECHNOLOGY, INC. ( MRVL )	20,983	23,057
MASIMO CORPORATION ( MASI )	10,037	15,356
MATCH GROUP INC ( MTCH )	18,685	16,964
MCKESSON CORPORATION ( MCK )	24,257	24,945
MEDALLIA I NC ( MDLA )	15,581	12,681
MICROSOFT CORPORATION ( MSFT )	61,488	198,466
MICROCHIP TECHNOLOGY INC ( MCHP )	20,546	31,260
MONDELEZ INTERNATIONAL ( MDLZ )	27,827	29,797
MORGAN STANLEY ( MS )	35,628	65,215
NEWMONT MINING CORP ( NEM )	35,200	36,198
NORTHROP GRUMMAN CORP ( NOC )	11,064	11,342
NVIDIA CORP ( NVDA )	37,446	84,053
ON SEMICONDUCTOR CORP ( ON )	25,642	24,570
PPL CORP ( PPL )	35,624	36,995
PAYPAL HOLDINGS, INC. ( PYPL )	31,041	70,556
PEPSICO INC ( PEP )	23,162	27,390
PHILIP MORRIS INTERNATIONAL INC ( PM )	30,608	35,150
PINTEREST, INC. ( PINS )	10,966	40,486
QUALCOMM INC ( QCOM )	71,134	90,636
QUANTA SVCS INC ( PWR )	13,219	31,891
REPLIGEN CORP ( RGEN )	27,062	33,662
ROCKWELL AUTOMATION INC ( ROK )	27,787	36,468
SALESFORCE.COM INC ( CRM )	35,672	52,743
SAREPTA THERAPEUTICS, INC. ( SRPT )	18,733	13,318
SCHWAB CHARLES CORP NEW ( SCHW )	25,275	38,016
SEAGEN INC ( SGEN )	26,933	21,564
SERVICENOW, INC. ( NOW )	21,862	41,522
SNAP INC. ( SNAP )	22,396	41,419
SNOWFLAKE INC ( SNOW )	21,988	18,990
SQUARE, INC. ( SQ )	14,535	52,391
SYSCO CORP ( SYY )	27,216	33,045
TELEFLEX INC ( TFX )	27,971	34,221
TESLA MOTORS INC ( TSLA )	35,432	62,431
TRUIST FINL CORP ( TFC )	14,198	21,352
TWILIO INC. ( TWLO )	9,463	35,677
US BANCORP ( USB )	32,589	37,391
UBER TECHNOLOGIES, INC. ( UBER )	35,688	37,791
UNION PAC CORP ( UNP )	25,831	47,971
V F CORP ( VFC )	30,585	40,324
VALERO ENERGY CORP NEW ( VLO )	17,727	17,011
VODAFONE GROUP PLC ( VOD )	31,359	36,195
VOYA FINANCIAL INC ( VOYA )	48,311	59,003
VULCAN MATERIALS CO ( VMC )	32,651	44,204
WEYERHAEUSER COMPANY ( WY )	22,483	28,302
WYNN RESORTS LTD ( WYNN )	34,204	34,026
ZEBRA TECHNOLOGIES CORP CLASS A ( ZBRA )	21,056	46,823
ZIMMER HOLDINGS INC ( ZBH )	52,598	57,400
ZOOM VIDEO COMMUNICATIONS, INC. ( ZM )	34,582	29,400
NEXTERA ENERGY PARTNERS LP ( NEP )	22,110	32,057
BNY MELLON SELECT MANAGERS SMALL CAP( DMVYX ) VALUE FUND - CLASS Y	435,000	512,933
BNY MELLON SELECT MANAGERS SMALL CAP( DSGYX ) GROWTH FUND - CLASS Y	625,000	798,925
BNY MELLON INTERNATIONAL FUND ( MPITX )	250,000	284,091
ISHARES MSCI EAFE SMALL CAP INDEX ( SCZ ) FUND	250,188	256,114
WISDOMTREE EUROPE HEDGED EQUITY FUND( HEDJ )	248,930	296,869
DFA EMERGING MARKETS CORE EQUITY ( DFCEX ) FUNDS	700,000	798,949
VIRTUS EMERGING MARKETS ( HIEMX ) OPPORTUNITIES FUND	250,000	296,104
EATON CORP PLC ( ETN )	67,906	79,755
ABBVIE INC. ( ABBV )	68,851	82,510
ADOBE SYSTEMS INC ( ADBE )	20,661	70,659
ADVANCED MICRO DEVICES INC ( AMD )	24,983	76,723
AIR PRODUCTS & CHEMICALS INC ( APD )	41,154	71,543
ALPHABET, INC. ( GOOGL )	57,764	136,503
AMAZON.COM INC ( AMZN )	56,875	152,566
AMERICAN INTERNATIONAL GROUP INC ( AIG )	111,977	137,114
AMERICAN TOWER CORPORATION ( AMT )	35,611	59,361
APPLE INC ( AAPL )	74,483	170,635
BOSTON SCIENTIFIC CORPORATION ( BSX )	72,962	88,944
CME GROUP INC ( CME )	64,359	70,898
CHEVRON CORPORATION ( CVX )	95,251	91,526
COCA - COLA CO ( KO )	64,379	71,254
COMCAST CORP CL A ( CMCSA )	58,588	86,471
DANAHER CORP ( DHR )	74,640	79,737
DEERE & CO ( DE )	43,411	124,235
FACEBOOK INC. ( FB )	84,068	171,317
HONEYWELL INTL INC ( HON )	53,069	87,432
LAM RESH CORP ( LRCX )	43,654	129,674
LAS VEGAS SANDS CORP ( LVS )	71,580	82,701
MICROSOFT CORPORATION ( MSFT )	61,398	164,926
NEXTERA ENERGY INC ( NEE )	25,183	30,694
NIKE INC CLASS B STOCK ( NKE )	34,369	59,679
NVIDIA CORP ( NVDA )	54,026	117,074
THE PROCTER & GAMBLE COMPANY ( PG )	57,159	63,908
SQUARE, INC. ( SQ )	28,651	29,868
TRUIST FINL CORP ( TFC )	70,229	95,845
UNITEDHEALTH GROUP INC ( UNH )	74,567	84,546
VISA INC-CLASS A SHRS ( V )	44,704	104,401
LINDE PUBLIC LIMITED COMPANY ( LIN )	12,474	20,580
ALCON, INC. ( ALC )	13,340	17,198
A S M L HOLDING N.V. ( ASML )	15,021	32,405
AIA GROUP LTD. ( AAGIY )	24,346	40,179
ALIBABA GROUP HOLDING LTD. ( BABA )	23,426	27,252
ANGLO AMERICAN PLC ( NGLOY )	21,435	31,332
ASSOCIATED BRITISH FOODS PLC ( ASBFY )	15,817	14,375
A X A SPONSORED ADR ( AXAHY )	19,932	18,645
BARCLAYS PLC ADR ( BCS )	34,228	33,974
BAYER A G SPONSORED ADR ( BAYRY )	22,392	15,996
C H R. HANSEN HOLDING A/S ( CHYHY )	19,827	20,497
CRH PLC ( CRH ) SPONSORED ADR	12,546	22,217
CONTINENTAL AG ( CTTAY )	10,685	17,209
D N B NOR ASA ( DNHBY )	17,530	19,472
DEUTSCHE POST AG SPONSORED ADR ( DPSGY )	11,922	19,435
DIAGEO PLC SPONSORED ADR NEW ( DEO )	27,795	35,691
EBARA CORPORATION ( EBCOY )	10,369	13,996
FANUC LIMITED ( FANUY )	19,695	22,147
GLAXO SMITHKLINE PLC SPONS ADR ( GSK )	16,926	16,056
HDFC BK LTD ( HDB ) ADR REPSTG 3 SHS	14,732	23,192
INFINEON TECHNOLOGIES AG ( IFNNY )	11,165	22,411
L OREAL CO ( LRLCY ) UNSPONSORED ADR	10,775	21,271
LVMH MOET HENNESSY LOUIS VUITTON SA ( LVMUY ) ADR	25,788	25,644
LEGRAND ( LGRDY )	12,152	13,182
LONZA GROUP AG ( LZAGY ) UNSPONSORED ADR	16,334	18,377
MARINE HARVEST ASA ( MHGVY )	13,413	14,045
NATWEST GROUP PLC ( NWG )	18,479	17,366
NOVARTIS AG ( NVS )	24,070	27,277
PAN PACIFIC INTERNATIONAL HOLDINGS ( DQJCY ) CORP	7,310	17,184
PERSIMMON PTE ( PSMMY )	9,492	13,065
PING AN INSURANCE (GROUP) COMPANY OF( PNGAY ) CHINA LIMITED	20,261	18,152
PROSUS NV ( PROSY )	13,854	13,268
PRUDENTIAL PUBLIC LIMITED COMPANY ( PUK )	27,516	32,694
RECRUIT HOLDINGS CO. LTD. ( RCRUY )	22,860	33,570
RELX PLC ( RELX )	19,005	22,168
ROCHE HOLDINGS LTD SPONSORED ADR ( RHHBY )	22,079	28,904
SAP AKIENGESELLSCHAFT SPONSORED ADR ( SAP )	27,302	34,845
SOCIEDAD QUIMICA Y MINERA DE CHILE ( SQM ) SA SPONSORED ADR	19,697	18,459
SONY CORPORATION ( SONY )	18,970	43,069
SUNTORY BEVERAGE & FOOD ( STBFY )	14,565	9,930
SUZUKI MOTOR CORPORATION ( SZKMY )	37,009	28,384
SWEDBANK AB ( SWDBY ) ADR	18,295	20,224
TAIWAN SEMICONDUCTOR MFG CO LTD ( TSM ) SPONSORED ADR	13,797	36,189
TENCENT HOLDINGS LIMITED ( TCEHY )	18,207	32,661
TOMRA SYSTEMS ASA ( TMRAY )	8,575	17,537
TOTAL SE ( TOT )	31,240	29,668
TOYOTA INDUSTRIES CORPORATION ( TYIDY )	20,546	26,648
UNILEVER PLC ( UL ) SPNSRD ADR NEW	21,223	21,726
VALEO SA ( VLEEY ) SPONSORED ADR	15,945	15,817
VINCI S A ( VCISY ) ADR	13,464	14,227
VIVENDI ( VIVHY )	26,393	39,268
ZURICH INSURANCE GROUP AG ( ZURVY )	25,273	32,477

- TIN:

TY 2020 InvestmentsLandSchedule2

Name:

ELLMAR FOUNDATION INC

EIN:

59-3451317

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
INNESS MANOR - LAND	100,000	0	100,000	100,000
INNES MANOR - BUILDING	200,000	122,866	77,134	767,300
BUILDING IMPROVEMENTS 1997	315,601	192,704	122,897	0
BUILDING IMPROVEMENTS 2000	77,745	42,893	34,852	0
BUILDING IMPROVEMENTS 2001	203,972	104,382	99,590	0
BUILDING IMPROVEMENTS 2002	194,947	94,821	100,126	0
BUILDING IMPROVEMENTS	5,406	1,903	3,503	0
BUILDING IMPROVEMENTS - PAINTING	21,800	7,244	14,556	0
BUILDING IMPROVEMENTS 2014	13,019	2,408	10,611	0
REPLACE SIDING -INNESS MANOR	15,718	2,536	13,182	0
BUILDING IMPROVEMENTS 2015	41,000	6,176	34,824	0
BUILDING IMPROVEMENTS 2017	69,210	5,547	63,663	0

- TIN:

TY 2020 LegalFeesSchedule

Name:

ELLMAR FOUNDATION INC

EIN:

59-3451317

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
GOZA & HALL, P.A.	4,294	0	0	0

- TIN:

TY 2020 OtherAssetsSchedule

Name:

ELLMAR FOUNDATION INC

EIN:

59-3451317

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
PREPAID TAXES	24,532	18,175	18,175
UTILITY DEPOSITS	155	155	155

- TIN:

TY 2020 OtherExpensesSchedule

Name:

ELLMAR FOUNDATION INC

EIN:

59-3451317

Description	Revenue and Expenses per Books	Net Investment Income
INSURANCE	10,438	10,438
INVESTMENT/BANK FEES	64,251	64,251
MISCELLANEOUS EXPENSE	3,085	0
REPAIRS AND MAINTENANCE	38,171	0
SECURITY	15,321	0
TELEPHONE	402	0
UTILITIES	1,318	0
HVAC EXP	5,393	0

- TIN:

TY 2020 TaxesSchedule

Name:

ELLMAR FOUNDATION INC

EIN:

59-3451317

Category	Amount	Net Investment Income
PAYROLL TAXES	3,090	2,163
EXCISE TAX 990 PF	6,254	0
FOREIGN TAXES	3,990	3,990