Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE R C DURR FOUNDATION INC
541 BUTTERMILK PIKE SUITE 500
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 175710
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
COVINGTON, KY410175710
A Employer identification number

61-1249998
B Telephone number (see instructions)

(859) 371-0700
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$104,031,881J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,661,544 1,661,544  
5a Gross rents............ 238,412 238,412  
b Net rental income or (loss) 209,253
6a Net gain or (loss) from sale of assets not on line 10 6,044,687
b Gross sales price for all assets on line 6a 64,587,955
7 Capital gain net income (from Part IV, line 2)... 6,044,687
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 17,816 0  
12 Total. Add lines 1 through 11........ 7,962,459 7,944,643  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 149,000 74,500   74,500
14 Other employee salaries and wages...... 65,000 16,250   48,750
15 Pension plans, employee benefits....... 3,750 938   2,812
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 7,025 3,512   3,513
c Other professional fees (attach schedule).... Click to see attachment 248,153 229,497   18,656
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 55,139 51,410   3,729
19 Depreciation (attach schedule) and depletion... Click to see attachment 25,779 24,860  
20 Occupancy.............. 21,414 12,856   8,558
21 Travel, conferences, and meetings....... 176 0   176
22 Printing and publications.......... 204 0   204
23 Other expenses (attach schedule)....... Click to see attachment 11,981 1,122   10,857
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 587,621 414,945   171,755
25 Contributions, gifts, grants paid....... 3,992,859 3,992,859
26 Total expenses and disbursements. Add lines 24 and 25 4,580,480 414,945   4,164,614
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,381,979
b Net investment income (if negative, enter -0-) 7,529,698
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 929,383 983,111 983,111
2 Savings and temporary cash investments......... 1,982,567 1,792,208 1,792,208
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 70,767,263 Click to see attachment74,312,121 96,158,560
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet6,235,433
Less: accumulated depreciation (attach schedule) bullet286,282 5,974,011 Click to see attachment5,949,151 5,054,551
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 110,251 Click to see attachment109,782 38,828
14 Land, buildings, and equipment: basis bullet20,456
Less: accumulated depreciation (attach schedule) bullet15,833 5,542 Click to see attachment4,623 4,623
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 79,769,017 83,150,996 104,031,881
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 79,769,017 83,150,996
29 Total net assets or fund balances (see instructions)..... 79,769,017 83,150,996
30 Total liabilities and net assets/fund balances (see instructions). 79,769,017 83,150,996
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
79,769,017
2
Enter amount from Part I, line 27a .....................
2
3,381,979
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
83,150,996
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
83,150,996
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 BB&T SHORT TERM P    
b BB&T LONG TERM P    
c BAIRD CORE BOND - SHORT P    
d BAIRD CORE BOND - LONG P    
e BAIRD FIXED INCOME - SHORT P    
BAIRD FIXED INCOME - LONG P    
BAIRD FIXED INCOME - LONG P    
BAIRD INTERNATIONAL - SHORT P    
BAIRD INTERNATIONAL - LONG P    
BAIRD LARGE CAP - SHORT P    
BAIRD LARGE CAP - LONG P    
BAIRD MID CAP - SHORT P    
BAIRD MID CAP - LONG P    
BAIRD SMALL CAP - SHORT P    
BAIRD SMALL CAP - LONG P    
BB&T CAPITAL GAIN DISTRIBUTIONS 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 28,012,100   27,715,324 296,776
b 27,756,374   22,911,107 4,845,267
c 2,300,000   2,299,683 317
d 1,138,640   1,132,687 5,953
e 1,197,185   1,223,389 -26,204
1,064,616   1,005,509 59,107
112,438   112,438 0
122,594   119,687 2,907
312,220   392,962 -80,742
185,371   206,092 -20,721
1,137,272   1,023,785 113,487
76,995   76,511 484
239,059   167,380 71,679
34,286   27,853 6,433
150,741   128,861 21,880
748,064     748,064
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       296,776
b       4,845,267
c       317
d       5,953
e       -26,204
      59,107
      0
      2,907
      -80,742
      -20,721
      113,487
      484
      71,679
      6,433
      21,880
      748,064
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 6,044,687
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................................ 1 104,663
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........................... 3 104,663
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- ..... 5 104,663
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 65,800
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 70,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 135,800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 31,137
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet31,137 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletKY
    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 addressbulletDURRFOUNDATION.COM
    14
    The books are in care ofbulletWILBERT L ZIEGLER Telephone no.bullet (859) 371-0700

    Located atbullet541 BUTTERMILK PIKE SUITE 500CRESCENT SPRINGSKY ZIP+4bullet41017
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........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
    WILBERT L ZIEGLER PRESIDENT
    10.00     		125,000 0 0
    541 BUTTERMILK PIKE SUITE 500
    CRESCENT SPRINGS,KY41017
    ROBERT C ZIEGLER SECRETARY
    1.00     		15,000 0 0
    541 BUTTERMILK PIKE SUITE 500
    CRESCENT SPRINGS,KY41017
    ROBERT W ZAPP VICE PRESIDENT
    1.00     		9,000 0 0
    1 RIVERSIDE PLACE 202
    COVINGTON,KY41011
    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
    JEAN MIZE ASST TO PRESIDENT
    30.00     		65,000 0 0
    541 BUTTERMILK PIKE 544
    CRESCENT SPRINGS,KY41017
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    92,241,040
    b
    Average of monthly cash balances.......................
    1b
    1,696,763
    c
    Fair market value of all other assets (see instructions)................
    1c
    5,152,368
    d
    Total (add lines 1a, b, and c).........................
    1d
    99,090,171
    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
    99,090,171
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,486,353
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    97,603,818
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,880,191
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    4,880,191
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    104,663
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    104,663
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,775,528
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    4,775,528
    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
    4,775,528
    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
    4,164,614
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    4,164,614
    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
    4,164,614
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 4,775,528
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 3,711,738
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 4,164,614
    a Applied to 2019, but not more than line 2a 3,711,738
    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..... 452,876
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		4,322,652
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    WILBERT L ZIEGLER
    PO BOX 175710
    COVINGTON,KY410175710
    (859) 371-0070
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER REQUEST
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    PRIORITY IS GIVEN TO CHARITIES LOCATED IN THE NORTHERN KENTUCKY/CINCINNATI, OHIO AREA.
    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
    ACTION MINISTRIES INC
    4375 BORON DR
    COVINGTON,KY41015     		NONE CHARITY GENERAL SUPPORTGENERAL SUPPORT 3,000
    AMERICAN HEART ASSOCIATION
    5211 MADISON ROAD
    CINCINNATI,OH45277     		NONE CHARITY GENERAL SUPPORT 15,000
    ARTSWAVE
    20 EAST CENTRAL PARKWAY 200
    CINCINNATI,OH45202     		NONE CHARITY GENERAL SUPPORT 4,000
    AUGUSTA INDEPENDENT SCHOOLS
    207 BRACKEN STREET
    AUGUSTA,KY41002     		NONE SCHOOL GENERAL SUPPORT 3,630
    BAKER-HUNT FOUNDATION INC
    620 GREENUP STREET
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 4,000
    BAWAC INC
    7970 KENTUCKY DRIVE
    FLORENCE,KY41042     		NONE CHARITY GENERAL SUPPORT 4,000
    BE CONCERNED INC
    1100 PIKE STREET
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 3,000
    AUGUSTA COLLEGE ECHO HALL ASSOCIATION
    205 FRANKFORT STREET PO BOX 3
    AUGUSTA,KY41002     		NONE SCHOOL GENERAL SUPPORT 19,359
    BEHRINGER-CRAWFORD MUSEUM INC
    1600 MONTAGUE ROAD - DEVOU PARK
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 3,000
    BIG BROTHERS BIG SISTERS
    2400 READING ROAD
    CINCINNATI,OH45202     		NONE CHARITY GENERAL SUPPORT 3,000
    BOONE COUNTY EDUCATION FOUNDATION
    8330 US 42
    FLORENCE,KY41042     		NONE CHARITY GENERAL SUPPORT 5,000
    BOONE COUNTY 4-H COUNCIL
    PO BOX 876
    BURLINGTON,KY41005     		NONE CHARITY GENERAL SUPPORT 250
    BOYS & GIRLS CLUBS OF GREATER CINCINNATI
    600 DALTON AVENUE
    CINCINNATI,OH45203     		NONE CHARITY GENERAL SUPPORT 25,118
    BRACKEN COUNTY 4-H COUNCIL
    1120 BROOKSVILLE-GERMANTOWN ROAD
    BROOKSVILLE,KY41004     		NONE CHARITY GENERAL SUPPORT 883
    BRACKEN COUNTY HEALTH DEPARTMENT
    429 FRANKFORT STREET
    BROOKSVILLE,KY41004     		NONE CHARITY GENERAL SUPPORT 27,225
    BRACKEN COUNTY HIGH SCHOOL
    350 W MIAMI STREET
    BROOKSVILLE,KY41004     		NONE SCHOOL GENERAL SUPPORT 2,600
    CARE NET PREGNANCY CENTER OF NKY INC
    PO BOX 17688
    COVINGTON,KY41017     		NONE CHARITY GENERAL SUPPORT 3,000
    CARNEGIE VISUAL & PERFORMING ARTS CENTER
    1028 SCOTT BOULEVARD
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 3,000
    CARROLL COUNTY 4-H COUNCIL
    500 FLOYD DRIVE
    CARROLLTON,KY41008     		NONE CHARITY GENERAL SUPPORT 14,019
    CARROLL COUNTY HIGH SCHOOL
    1706 HIGHLAND AVENUE
    CARROLLTON,KY41008     		NONE SCHOOL GENERAL SUPPORT 1,965
    CARROLL COUNTY SCHOOL DISTRICT
    813 HAWKINS STREET
    CARROLLTON,KY41008     		NONE SCHOOL GENERAL SUPPORT 25,000
    CASA OF CARROLL GRANT & OWEN COUNTIES
    400 NORTH MAIN STREET PO BOX 368
    WILLIAMSTOWN,KY41097     		NONE CHARITY GENERAL SUPPORT 13,042
    CASA OF KENTON COUNTY
    1650 RUSSELL STREET
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 3,000
    CATALYTIC DEV FUNDING CORP OF NKY
    50 EAST RIVERCENTER BOULEVARD SUITE
    429
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 20,000
    CARROLL COUNTY EMERGENCY MEDICAL SERVICES
    829 POLK STREET
    CARROLLTON,KY41008     		NONE CHARITY GENERAL SUPPORT 2,610
    CHILDREN'S HOME OF NORTHERN KENTUCKY
    200 HOME ROAD
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 250,000
    CARROLL COUNTY FAIR ASSN FOUNDATION
    PO BOX 401
    CARROLLTON,KY41008     		NONE CHARITY GENERAL SUPPORT 150,000
    CINCINNATI MUSEUM CENTER
    1301 WESTERN AVENUE STE 2253
    CINCINNATI,OH45203     		NONE CHARITY GENERAL SUPPORT 3,000
    CASA FOR BRACKEN FLEMING & MASON CO
    PO BOX 631
    MAYSVILLE,KY41056     		NONE CHARITY GENERAL SUPPORT 20,200
    CINDERELLA'S CLOSET OF NORTHERN KENTUCKY
    2551 DIXIE HIGHWAY
    LAKESIDE PARK,KY41017     		NONE CHARITY GENERAL SUPPORT 3,000
    CLASP
    425 OAK STREET PO BOX 16273
    LUDLOW,KY41016     		NONE CHARITY GENERAL SUPPORT 3,000
    CHILDREN'S LAW CENTER
    1002 RUSSELL ST
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 8,298
    COVINGTON PARTNERS IN PREVENTION INC
    PO BOX 0426
    COVINGTON,KY41012     		NONE CHARITY GENERAL SUPPORT 50,000
    COVINGTON CATHOLIC HIGH SCHOOL
    1600 DIXIE HIGHWAY
    PARK HILLS,KY41017     		NONE SCHOOL GENERAL SUPPORT 100,000
    DAN BEARD COUNCIL - BOY SCOUTS OF AMERICA
    2331 VICTORY PARKWAY
    CINCINNATI,OH45206     		NONE CHARITY GENERAL SUPPORT 200,000
    DINSMORE HOMESTEAD FOUNDATION
    5656 BURLINGTON PIKE PO BOX 453
    BURLINGTON,KY41005     		NONE CHARITY GENERAL SUPPORT 4,000
    DIOCESAN CATHOLIC CHILDREN'S HOME
    75 ORPHANAGE ROAD
    FORT MITCHELL,KY41017     		NONE CHARITY GENERAL SUPPORT 28,000
    DIOCESE OF COVINGTON
    1125 MADISON AVENUE
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 26,000
    EMERGENCY SHELTER OF NKY THE
    P O BOX 176601
    COVINGTON,KY41017     		NONE CHARITY GENERAL SUPPORT 4,000
    FAIRHAVEN RESCUE MISSION
    260 PIKE STREET
    COVINGTON,KY41012     		NONE CHARITY GENERAL SUPPORT 4,000
    FAITH COMMUNITY PHARMACY
    7033 BURLINGTON PIKE 4
    FLORENCE,KY41042     		NONE CHARITY GENERAL SUPPORT 22,500
    FAMILY NURTURING CENTER
    8275 EWING BOULEVARD
    FLORENCE,KY41042     		NONE CHARITY GENERAL SUPPORT 30,500
    FAMILY PROMISE OF NORTHERN KENTUCKY
    336 W 9TH STREET PO BOX 72136
    NEWPORT,KY41072     		NONE CHARITY GENERAL SUPPORT 23,000
    ESPERANZA LATINO CENTER OF NKY
    234 W PIKE ST
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 25,000
    FRIENDS OF BIG BONE INC
    PO BOX 675
    UNION,KY41091     		NONE CHARITY GENERAL SUPPORT 3,000
    GALLATIN COUNTY 4-H COUNCIL
    PO BOX 805
    WARSAW,KY41095     		NONE CHARITY GENERAL SUPPORT 860
    GALLATIN COUNTY FOOD PANTRY
    205 WEST PEARL STREET
    WARSAW,KY41095     		NONE CHARITY GENERAL SUPPORT 3,000
    GALLATIN COUNTY HIGH SCHOOL
    70 WILDCAT CIRCLE
    WARSAW,KY41095     		NONE SCHOOL GENERAL SUPPORT 15,000
    GIRL SCOUTS OF KENTUCKY'S WILDERNESS ROAD
    2277 EXECUTIVE DRIVE
    LEXINGTON,KY40505     		NONE CHARITY GENERAL SUPPORT 103,000
    GRANT COUNTY MIDDLE SCHOOL
    305 SCHOOL ROAD
    DRY RIDGE,KY41035     		NONE SCHOOL GENERAL SUPPORT 8,850
    GOVERNOR'S SCHOLARS PROGRAM FOUNDATION
    1024 CAPITAL CENTER DR SUITE 210
    FRANKFORT,KY40601     		NONE CHARITY GENERAL SUPPORT 20,000
    HOLY CROSS DISTRICT HIGH SCHOOL
    3617 CHURCH ST
    COVINGTON,KY41015     		NONE SCHOOL GENERAL SUPPORT 12,790
    GRANT COUNTY HIGH SCHOOL
    715 WARSAW ROAD
    DRY RIDGE,KY41035     		NONE SCHOOL GENERAL SUPPORT 1,950
    HORIZON COMMUNITY FUNDS
    50 EAST RIVERCENTER BOULEVARD SUITE
    429
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 500,000
    GREATER CINCINNATI FOUNDATION
    200 WEST FOURTH STREET
    CINCINNATI,OH45202     		NONE CHARITY GENERAL SUPPORT 500,000
    HARRISON COUNTY 4-H COUNCIL
    668 NEW LAIR ROAD
    CYNTHIANA,KY41031     		NONE CHARITY GENERAL SUPPORT 1,200
    HARRISON COUNTY HIGH SCHOOL
    320 WEBSTER AVENUE
    CYNTHIANA,KY41031     		NONE SCHOOL GENERAL SUPPORT 2,000
    HENRY HOSEA HOUSE
    PO BOX 72046
    NEWPORT,KY41072     		NONE CHARITY GENERAL SUPPORT 21,000
    HOLLY HILL CHILDREN'S SERVICES
    9599 SUMMER HILL ROAD
    CALIFORNIA,KY41007     		NONE CHARITY GENERAL SUPPORT 43,192
    KENTUCKY 4-H FOUNDATION
    212 SCOVELL HALL
    LEXINGTON,KY40546     		NONE CHARITY GENERAL SUPPORT 7,557
    KENTUCKY HUMANITIES COUNCIL INC
    206 MAXWELL STREET
    LEXINGTON,OH40508     		NONE CHARITY GENERAL SUPPORT 3,000
    INTERACT FOR CHANGE
    3805 EDWARDS ROAD SUITE 500
    CINCINNATI,OH45209     		NONE CHARITY GENERAL SUPPORT 10,000
    LAST MILE FOOD RESCUE
    3523 MOONEY AVE
    CINCINNATI,OH45208     		NONE CHARITY GENERAL SUPPORT 20,000
    KENTON CO COOPERATIVE EXTENSION DISTRICT
    10990 MARSHALL ROAD
    COVINGTON,KY41015     		NONE CHARITY GENERAL SUPPORT 25,000
    KENTON COUNTY 4-H COUNCIL
    10990 MARSHALL ROAD
    COVINGTON,KY41015     		NONE CHARITY GENERAL SUPPORT 1,365
    LEARNING GROVE
    333 MADISON AVE
    COVINGTON,KY41011     		NONE SCHOOL GENERAL SUPPORT 25,000
    KENTUCKY CENTER FOR PUBLIC SERVICE
    644 BRADDOCK COURT
    EDGEWOOD,KY41017     		NONE CHARITY GENERAL SUPPORT 25,000
    MAGNIFIED GIVING
    209 WEST BENSON STREET
    CINCINNATI,OH45215     		NONE CHARITY GENERAL SUPPORT 3,000
    KENTUCKY SENIOR CITIZENS APTS PANORAMA
    111 BRENT SPENCE SQUARE
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 25,000
    KENTUCKY SYMPHONY ORCHESTRA
    PO BOX 72810
    NEWPORT,KY41072     		NONE CHARITY GENERAL SUPPORT 23,000
    MATTHEW LANGFORD
    9848 SULLIVAN ROAD
    UNION,KY41091     		NONE CHARITY GENERAL SUPPORT 15,000
    KET FUND FOR EXCELLENCE
    560 COOPER DRIVE
    LEXINGTON,KY40502     		NONE CHARITY GENERAL SUPPORT 3,000
    KINCAID REGIONAL THEATRE
    400 MAIN ST PO BOX 208
    FALMOUTH,KY41040     		NONE CHARITY GENERAL SUPPORT 4,000
    LIFE LEARNING CENTER INC
    315 E 15TH STREET
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 100,000
    MADISON AVENUE CHRISTIAN CHURCH
    1530 MADISON AVENUE
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 3,000
    MARY ROSE MISSION INC
    272 MAIN STREET
    FLORENCE,KY41042     		NONE CHARITY GENERAL SUPPORT 3,000
    MASON COUNTY 4-H COUNCIL
    800 US 68
    MAYSVILLE,KY41056     		NONE CHARITY GENERAL SUPPORT 950
    MASTER PROVISIONS INC
    7725 FOUNDATION DRIVE
    FLORENCE,KY41042     		NONE CHARITY GENERAL SUPPORT 42,250
    NORTHERN KENTUCKY IND DIST HEALTH DEPT
    8001 VETERANS MEMORIAL DRIVE
    FLORENCE,KY41042     		NONE CHARITY GENERAL SUPPORT 7,500
    MENTORING PLUS EX-CHANGE HOUSE INC
    901 YORK STREET PO BOX 72202
    NEWPORT,KY41072     		NONE CHARITY GENERAL SUPPORT 3,000
    NEEDIEST KIDS OF ALL
    PO BOX 3426
    CINCINNATI,OH45201     		NONE CHARITY GENERAL SUPPORT 3,000
    NORTHERN KY COMMUNITY ACTION COMMISSION
    717 MADISON AVENUE
    COVINGTON,KY41012     		NONE CHARITY GENERAL SUPPORT 50,001
    NOTRE DAME URBAN EDUCATION CENTER INC
    14 EAST EIGHTH STREET
    COVINGTON,KY41011     		NONE SCHOOL GENERAL SUPPORT 26,280
    NEW PERCEPTIONS INC
    1 SPERTI DRIVE
    EDGEWOOD,KY41017     		NONE CHARITY GENERAL SUPPORT 8,200
    NORTHERN KENTUCKY AREA DEVELOPMENT DIST
    22 SPIRAL DRIVE
    FLORENCE,KY41042     		NONE CHARITY GENERAL SUPPORT 87,500
    OHIO VALLEY EDUCATIONAL FOUNDATION INC
    100 ALPINE DRIVE
    SHELBYVILLE,KY40065     		NONE SCHOOL GENERAL SUPPORT 50,000
    NORTHERN KENTUCKY HARVEST
    1720 ARBOR VIEW LANE 304
    COLD SPRING,KY41076     		NONE CHARITY GENERAL SUPPORT 3,000
    NORTHERN KENTUCKY UNIV RESEARCH FNDN
    NUNN DRIVE UC405
    HIGHLAND HEIGHTS,KY41099     		NONE SCHOOL GENERAL SUPPORT 62,500
    NORTHERN KENTUCKY UNIVERSITY
    LUCAS ADMINISTRATIVE CENTER 800
    NUNN DRIVE
    HIGHLAND HEIGHTS,KY41099     		NONE SCHOOL GENERAL SUPPORT 50,000
    OLD RELIABLE GERMANTOWN FAIR INC
    PO BOX 150
    GERMANTOWN,KY41044     		NONE CHARITY GENERAL SUPPORT 3,135
    OWEN COUNTY 4-H COUNCIL
    265 ELLIS HIGHWAY
    OWENTON,KY40359     		NONE CHARITY GENERAL SUPPORT 1,200
    PARISH KITCHENCATHOLIC CHARITIES INC
    PO BOX 1234
    COVINGTON,KY41012     		NONE CHARITY GENERAL SUPPORT 45,500
    PENDLETON COUNTY 4-H COUNCIL
    45 DAVID PRIBBLE DRIVE
    FALMOUTH,KY41040     		NONE CHARITY GENERAL SUPPORT 1,200
    PENDLETON COUNTY HIGH SCHOOL
    2359 HIGHWAY 27 NORTH
    FALMOUTH,KY41040     		NONE SCHOOL GENERAL SUPPORT 2,000
    PEOPLE WORKING COOPERATIVELY
    4612 PADDOCK ROAD
    CINCINNATI,OH45229     		NONE CHARITY GENERAL SUPPORT 50,000
    POINTARC OF NKY THE
    104 W PIKE ST
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 5,000
    PRICHARD COMMITTEE ACADEMIC EXCELLENCE
    271 WEST SHORT STREET SUITE 202
    LEXINGTON,KY40507     		NONE CHARITY GENERAL SUPPORT 2,500
    PENDLETON CO AMBULANCE TAX DISTRICT
    901 MAIN STREET
    FALMOUTH,KY41040     		NONE CHARITY GENERAL SUPPORT 19,965
    REDWOOD CENTER
    71 ORPHANAGE ROAD
    FORT MITCHELL,KY41017     		NONE CHARITY GENERAL SUPPORT 53,000
    ROBERTSON COUNTY 4-H COUNCIL
    PO BOX 283
    MOUNT OLIVET,KY41064     		NONE CHARITY GENERAL SUPPORT 125
    ROBERTSON COUNTY HIGH SCHOOL
    375 NORTH MAIN STREET
    MOUNT OLIVET,KY41064     		NONE SCHOOL GENERAL SUPPORT 16,425
    SALVATION ARMY
    114 EAST CENTRAL PARKWAY
    CINCINNATI,OH45202     		NONE CHARITY GENERAL SUPPORT 3,000
    SCHEBEN CARE CENTER
    31 SPIRAL DRIVE
    FLORENCE,KY41042     		NONE CHARITY GENERAL SUPPORT 3,000
    SQUARE1 INC
    632 RUSSELL STREET
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 15,000
    WELCOME HOUSE OF NORTHERN KENTUCKY
    205 PIKE STREET
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 3,000
    ST BERNARD FOOD PANTRY
    401 BERRY AVENUE
    DAYTON,KY41074     		NONE CHARITY GENERAL SUPPORT 3,000
    ST ELIZABETH FOUNDATION
    1 MEDICAL CENTER DRIVE
    EDGEWOOD,KY41017     		NONE CHARITY GENERAL SUPPORT 100,000
    ST PATRICK'S SCHOOL
    318 LIMESTONE STREET
    MAYSVILLE,KY41056     		NONE SCHOOL GENERAL SUPPORT 14,430
    ST PAUL'S EPISCOPAL CHURCH
    7 COURT PLACE
    NEWPORT,KY41071     		NONE CHARITY GENERAL SUPPORT 3,000
    WESLEY COMMUNITY SERVICES
    2091 RADCLIFF DRIVE
    CINCINNATI,OH45204     		NONE CHARITY GENERAL SUPPORT 150,500
    ST VINCENT DE PAUL SOCIETY
    2655 CRESCENT SPRINGS ROAD
    COVINGTON,KY41017     		NONE CHARITY GENERAL SUPPORT 18,335
    STEINFORD TOY FOUNDATION
    PO BOX 17634
    COVINGTON,KY41017     		NONE CHARITY GENERAL SUPPORT 4,000
    SURVIVE & THRIVE FOUNDATION INC
    P O BOX 76025
    HIGHLAND HEIGHTS,KY41076     		NONE CHARITY GENERAL SUPPORT 5,000
    SWEET CHEEKS DIAPER BANK
    1615 REPUBLIC STREET
    CINCINNATI,OH45202     		NONE CHARITY GENERAL SUPPORT 18,650
    TEACH FOR AMERICA
    1110 MAIN STREET
    CINCINNATI,OH45202     		NONE CHARITY GENERAL SUPPORT 10,000
    THE FRANCISCAN DAUGHTERS OF MARY
    PO BOX 122070
    COVINGTON,KY41012     		NONE CHARITY GENERAL SUPPORT 3,000
    THOMAS MORE UNIVERSITY
    333 THOMAS MORE PARKWAY
    CRESTVIEW HILLS,KY41017     		NONE SCHOOL GENERAL SUPPORT 270,000
    UNITED WAY OF GREATER CINCINNATI
    2146 CHAMBER CENTER DRIVE
    FORT MITCHELL,KY41017     		NONE CHARITY GENERAL SUPPORT 17,200
    UNIVERSITY OF KENTUCKY
    128 FUNKHOUSER BUILDING
    LEXINGTON,KY40506     		NONE SCHOOL GENERAL SUPPORT 17,500
    WAVE FOUNDATION
    ONE AQUARIUM WAY
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 9,550
    WOMEN'S CRISIS CENTER
    835 MADISON AVENUE
    COVINGTON,KY41011     		NONE CHARITY GENERAL SUPPORT 4,000
    WOOD HUDSON CANCER RESEARCH LABORATORY
    931 ISABELLA STREET
    NEWPORT,KY41071     		NONE CHARITY GENERAL SUPPORT 10,000
    YMCA OF GREATER CINCINNATI
    1105 ELM STREET
    CINCINNATI,OH45202     		NONE CHARITY GENERAL SUPPORT 21,500
    Total .................................bullet 3a 3,992,859
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14   1,661,544
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 209,253  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        6,044,687
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISCELLANEOUS     		    14   17,816
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 209,253 7,724,047
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    7,933,300
    (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.)
    1 N/A
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    THE R C DURR FOUNDATION INC
     
    541 BUTTERMILK PIKE SUITE 500
    EIN:
    61-1249998
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 7,025 3,512   3,513

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

    TY 2020 DepreciationSchedule
    Name:
    THE R C DURR FOUNDATION INC
     
    541 BUTTERMILK PIKE SUITE 500
    EIN:
    61-1249998
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    KY 18 BANK BUILDING 2009-04-30 969,546 261,422 SL 39.000000000000 24,860 24,860    
    KY 18 BANK BLDG LAND 2009-04-30 242,387   L   0 0    
    COMPUTER 2009-02-27 5,873 5,873 SL 5.000000000000 0 0    
    PRINTER 2009-02-23 490 490 SL 5.000000000000 0 0    
    PHONE SYSTEM 2009-05-22 4,897 4,897 SL 5.000000000000 0 0    
    COPIER 2009-02-16 840 840 SL 5.000000000000 0 0    
    COMPUTER, BACKUP 2014-04-03 1,918 1,918 SL 5.000000000000 0 0    
    CONFERENCE ROOM FURNITURE (ALGIN) 2019-01-11 4,440 634 SL 7.000000000000 634 0    
    FILING ROOM OFFICE FURNITURE 2019-02-06 1,998 262 SL 7.000000000000 285 0    
    FREEDOM WAY 1.51 ACRES 2009-01-01 165,342   L   0 0    
    FREEDOM WAY 3.2709 ACRES 2009-01-01 358,158   L   0 0    
    HWY 35 & MOSBY CRK RD 1.1 2009-01-01 4,500,000   L   0 0    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE R C DURR FOUNDATION INC
     
    541 BUTTERMILK PIKE SUITE 500
    EIN:
    61-1249998
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK OVERRIDE 74,312,121 96,158,560

    TY 2020 InvestmentsLandSchedule2
    Name:
    THE R C DURR FOUNDATION INC
     
    541 BUTTERMILK PIKE SUITE 500
    EIN:
    61-1249998
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    KY 18 BANK BUILDING 969,546 286,282 683,264  
    KY 18 BANK BLDG LAND 242,387 0 242,387  
    FREEDOM WAY 1.51 ACRES 165,342 0 165,342  
    FREEDOM WAY 3.2709 ACRES 358,158 0 358,158  
    HWY 35 & MOSBY CRK RD 1.1 4,500,000 0 4,500,000  

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE R C DURR FOUNDATION INC
     
    541 BUTTERMILK PIKE SUITE 500
    EIN:
    61-1249998
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OTHER INVESTMENTS OVERRIDE AT COST 109,782 38,828

    TY 2020 LandEtcSchedule2
    Name:
    THE R C DURR FOUNDATION INC
     
    541 BUTTERMILK PIKE SUITE 500
    EIN:
    61-1249998
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER 5,873 5,873 0  
    PRINTER 490 490 0  
    PHONE SYSTEM 4,897 4,897 0  
    COPIER 840 840 0  
    COMPUTER, BACKUP 1,918 1,918 0  
    CONFERENCE ROOM FURNITURE (ALGIN) 4,440 1,268 3,172  
    FILING ROOM OFFICE FURNITURE 1,998 547 1,451  


    TY 2020 OtherExpensesSchedule
    Name:
    THE R C DURR FOUNDATION INC
     
    541 BUTTERMILK PIKE SUITE 500
    EIN:
    61-1249998
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 4,490 1,122   3,368
    MISCELLANEOUS 68 0   68
    OFFICE SUPPLIES 4,113 0   4,111
    TELEPHONE 3,310 0   3,310


    TY 2020 OtherIncomeSchedule2
    Name:
    THE R C DURR FOUNDATION INC
     
    541 BUTTERMILK PIKE SUITE 500
    EIN:
    61-1249998
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS 17,816   17,816


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE R C DURR FOUNDATION INC
     
    541 BUTTERMILK PIKE SUITE 500
    EIN:
    61-1249998
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADP FEES 1,032 258   774
    FIDUCIARY FEES 228,586 228,586   0
    CONSULTING 0 0   0
    COMPUTER 5,482 0   5,482
    CONTRACT SERVICES 13,053 653   12,400


    TY 2020 TaxesSchedule
    Name:
    THE R C DURR FOUNDATION INC
     
    541 BUTTERMILK PIKE SUITE 500
    EIN:
    61-1249998
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 4,972 1,243   3,729
    FEDERAL TAX ON INVESTMENT INCOME 39,580 39,580   0
    FOREIGN TAX 10,587 10,587   0