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 06-01-2020 , and ending 05-31-2021

Name of foundation
WILLIAM E SCOTT FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)801 CHERRY STREET NO 2000
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
FORT WORTH, TX761026836

A Employer identification number

75-6024661

B Telephone number (see instructions)

(817) 336-2400

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

$29,533,130J 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	(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	7		7
4	Dividends and interest from securities...	390,975		390,975
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,028,523
b	Gross sales price for all assets on line 6a 4,833,492
7	Capital gain net income (from Part IV, line 2)...			1,028,523
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).......		195,105	195,105
12	Total. Add lines 1 through 11........	1,614,610		1,614,610
13	Compensation of officers, directors, trustees, etc.	15,000		7,500	7,500
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		6,593	6,593	0
b	Accounting fees (attach schedule).......		8,680	6,180	2,500
c	Other professional fees (attach schedule)....		157,781	156,281	1,500
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		31,767	29,858	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		3,351	2,244	1,107
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	223,172		208,656	12,607
25	Contributions, gifts, grants paid.......	1,068,500			1,068,500
26	Total expenses and disbursements. Add lines 24 and 25	1,291,672		208,656	1,081,107
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	322,938
b	Net investment income (if negative, enter -0-)			1,405,954
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	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.............	66,010	25,287	25,287
	2	Savings and temporary cash investments.........	1,292,899	1,536,420	1,536,420
	3	Accounts receivable 272,579
		Less: allowance for doubtful accounts	268,951	272,579	272,579
	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..........		1,624	1,624
	10a	Investments—U.S. and state government obligations (attach schedule)	1,747,884	1,750,472	1,764,819
	b	Investments—corporate stock (attach schedule).......	10,294,031	9,953,096	22,488,806
	c	Investments—corporate bonds (attach schedule).......	2,648,272	3,101,507	3,131,595
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	77,481	77,481	312,000
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	16,395,528	16,718,466	29,533,130
	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...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	2,205,884	2,205,884
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	14,189,644	14,512,582
	29	Total net assets or fund balances (see instructions).....	16,395,528	16,718,466
	30	Total liabilities and net assets/fund balances (see instructions).	16,395,528	16,718,466

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

16,395,528

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

322,938

Other increases not included in line 2 (itemize) bullet

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

16,718,466

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 .

16,718,466

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	PUBLICLY TRADED SECURITIES
b	CAPITAL GAINS DIVIDENDS	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	4,833,471	3,804,969	1,028,502
b	21		21
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			1,028,502
b			21
c
d
e

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	1,028,523
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

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	19,543
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	19,543
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	19,543
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	7,800
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	7,800
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.......		9	11,743
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax	Refunded	11

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

DECKER JONES P C Telephone no. bullet

(817) 336-0361

Located at bullet

801 CHERRY STREET STE 2000FORT WORTHTX ZIP+4 bullet

761026836

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-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
RAYMOND B KELLY III	PRESIDENT 8.00	0	0	0
301 VIRGINIA PLACE FORT WORTH,TX76107	PRESIDENT 8.00	0	0	0
CAROLYN PHILLIPS	DIRECTOR 2.00	0	0	0
301 VIRGINIA PLACE FORT WORTH,TX76107	DIRECTOR 2.00	0	0	0
SUSAN HALL	DIRECTOR 2.00	0	0	0
301 VIRGINIA PLACE FORT WORTH,TX76107	DIRECTOR 2.00	0	0	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	NONE	0
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...................

25,978,913

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

33,533

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

312,000

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

26,324,446

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

26,324,446

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

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

394,867

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

25,929,579

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

1,296,479

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

1,296,479

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

19,543

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

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

19,543

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

1,276,936

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

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

1,276,936

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

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

1,276,936

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 ..........

1,081,107

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

1,081,107

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

1,081,107

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					1,276,936
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......	95,934
b From 2016......	125,966
c From 2017......
d From 2018......
e From 2019......
fTotal of lines 3a through e........		221,900
4Qualifying distributions for 2020 from Part
XII, line 4: $ 1,081,107
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.....					1,081,107
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2020.		195,829			195,829
(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		26,071
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 ......		26,071
10 Analysis of line 9:
a Excess from 2016....	26,071
b Excess from 2017....
c Excess from 2018....
d Excess from 2019....
e Excess from 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 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).)

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:

RAYMOND B KELLY III
801 CHERRY STREET SUITE 2000
FORT WORTH,TX761026882
(817) 336-2400
RKELLY@DECKERJONES.COM

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

WRITTEN

cAny submission deadlines:

NONE

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

RECIPIENTS MUST BE LOCATED IN TEXAS, LOUISIANA, OKLAHOMA, OR NEW MEXICO. GRANTS ARE CURRENTLY LIMITED TO FORT WORTH AND TARRANT COUNTY.

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
BALLET CONCERTO INC 3803 CAMP BOWIE BLVD FORT WORTH,TX76107	N/A	PUBLIC	CULTURAL	3,000
BREAKTHROUGH FORT WORTH (FORT WORTH COUNTRY DAY SCHOOL) 4200 COUNTRY DAY LANE FORT WORTH,TX76109	N/A	SCHOOL	EDUCATIONAL	10,000
CANCER CARE SERVICES 623 S HENDERSON STREET FORT WORTH,TX76104	N/A	PUBLIC	SOCIAL WELFARE	5,000
CASA MANANA INC 3101 W LANCASTER FORT WORTH,TX76107	N/A	PUBLIC	CULTURAL	100,000
COOKS CHILDREN'S - CHILD STUDY CENTER 1300 W LANCASTER AVE FORT WORTH,TX76102	N/A	PUBLIC	SOCIAL WELFARE	75,000
FORT WORTH MUSEUM OF SCIENCE AND HISTORY 1600 GENDY ST FORT WORTH,TX76107	N/A	PUBLIC	CULTURAL	100,000
FORT WORTH SYMPHONY ASSOCIATION 330E 4TH STREET 200 FORT WORTH,TX76102	N/A	PUBLIC	CULTURAL	50,000
FORT WORTH ZOO 1989 COLONIAL PARKWAY FORT WORTH,TX76110	N/A	PUBLIC	EDUCATIONAL	125,000
GOODFELLOW FUND P O BOX 1870 FORT WORTH,TX76101	N/A	PUBLIC	SOCIAL WELFARE	3,000
JAMES JIM BOB NORMAN SCHOLARSHIP FUND P O BOX 17005 FORT WORTH,TX76102	N/A	PUBLIC	EDUCATIONAL	5,000
KIDS WHO CARE INC 1300 GENDY STREET FORT WORTH,TX76107	N/A	PUBLIC	EDUCATIONAL	50,000
KIMBELL ART MUSEUM 3333 CAMP BOWIE FORT WORTH,TX76107	N/A	PUBLIC	CULTURAL	10,000
MODERN ART MUSEUM OF FORT WORTH 3200 DARNELL STREET FORT WORTH,TX76107	N/A	PUBLIC	CULTURAL	7,500
PERFORMING ARTS FORT WORTH 330 E 4TH STREET FORT WORTH,TX76102	N/A	PUBLIC	CULTURAL	5,000
STAGE WEST THEATRE 821 W HICKERY BLVD FORT WORTH,TX76104	N/A	PUBLIC	CULTURAL	15,000
TEXAS BALLET THEATER 1600 GREEN OAKS ROAD FORT WORTH,TX76116	N/A	PUBLIC	CULTURAL	50,000
THE CLIBURN FOUNDATION 201 MAIN ST 100 FORT WORTH,TX76102	N/A	PUBLIC	CULTURAL	15,000
TEACH FOR AMERICA 707 W VICKERY 102 FORT WORTH,TX76104	N/A	PUBLIC	EDUCATIONAL	15,000
ACH CHILD AND FAMILY SERVICES 3712 WICHITA ST FORT WORTH,TX76119	N/A	PUBLIC	CHILD PROTECTIVE SERVICES	35,000
FORT WORTH ACADEMY 7301 DUTCH BRAND ROAD FORT WORTH,TX76132	N/A	SCHOOL	EDUCATIONAL	75,000
LONE STAR FILM SOCIETY 209 W 2ND ST 284 FORT WORTH,TX76102	N/A	PUBLIC	CULTURAL	5,000
TEXAS AND SOUTHWESTERN CATTLE RAISERS ASSOCIATION 1600 GENDY STREET FORT WORTH,TX76107	N/A	PUBLIC	HISTORICAL PRESERVATION	100,000
HISTORICAL FORT WORTH 1110 PENN STREET FORT WORTH,TX76102	N/A	PUBLIC	HISTORICAL PRESERVATION	50,000
VICTORY TEMPLE MINISTRIES 2526 COLUMBUS AVENUE FORT WORTH,TX76164	N/A	CHURCH	ADDICTION SUPPORT	25,000
AMON CARTER MUSEUM 3501 CAMP BOWIE BLVD FORT WORTH,TX76107	N/A	PUBLIC	CULTURAL	35,000
ALL SAINTS EPISCOPAL SCHOOL 76108 SAINTS CIRCLE FORT WORTH,TX76108	N/A	SCHOOL	EDUCATIONAL	25,000
KINDERPLATZ OF FINE ARTS 2701 RIVERGLEN DRIVE FORT WORTH,TX76109	N/A	PUBLIC	CULTURAL	25,000
NEAR SOUTHSIDE ARTS 1606 MISTLETOE BLVD FORT WORTH,TX76104	N/A	PUBLIC	CULTURAL	50,000
Total ................................. 3a				1,068,500

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 ...........			14	7
4 Dividends and interest from securities....			14	390,975
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.....			14	195,105
8 Gain or (loss) from sales of assets other than inventory ............			18	1,028,523
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		1,614,610	0

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

1,614,610

(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:

WILLIAM E SCOTT FOUNDATION

EIN:

75-6024661

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
SUSAN F. HALL - ACCOUNTING FEE	3,000	1,500		1,500
ACCOUNTING FEES	5,680	4,680		1,000

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

WILLIAM E SCOTT FOUNDATION

EIN:

75-6024661

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC	54,687	53,870
ABBOTT LABS	48,393	50,936
ADOBE INC	51,695	51,236
AMAZON COM INC	51,978	53,536
AMGEN INC	52,314	51,905
APPLE INC	54,090	53,412
BANK AMER CORP	51,851	52,434
BB&T CORP	48,918	50,963
BURLINGTON NORTHN SANTA FE	51,642	50,059
COSTCO WHOLESALE	54,307	53,321
ECOLABS INC	52,030	51,170
HOME DEPOT INC	51,360	51,979
LKCM FD	499,962	499,381
MICROSOFT CORP	50,349	51,817
MONDELEZ INTL	50,815	51,151
ROPER TECHNOLOGIES INC	48,980	50,574
UNION PAC CORP	54,419	53,625
US BANCORP	49,374	51,029
WAL-MART STORES INC	50,936	51,943
ABBVIE INC	41,084	43,339
AERCAP IRELND CAP DESIGNATED	39,742	41,954
ALABAMA POWER CO	49,895	50,833
ANHEUSER BUSCH	39,833	38,376
AT&T INC	35,382	34,546
BANK MONTREAL	50,600	52,994
BOEING CO	20,675	20,182
CITIGROUP COML MTG	45,321	44,990
CMG ULTRA SHORT TERM BOND	300,000	300,499
COMCAST CORP	49,683	57,674
CREDIT SUISSE GROUP	42,697	42,484
CVS HEALTH CORP	50,683	54,258
DOW CHEMICAL	14,157	13,636
ENERGY TRANSFER OPER LP	35,306	37,282
ENTERPRISE PRODS OPER LLC	32,904	37,269
FORD CR AUTO OWNER	52,191	51,620
GENERAL MTRS FINL CO	21,133	21,822
GENERAL MTRS CO	17,228	17,681
GM FINL AUTO LEASING	60,888	60,497
GOLDMAN SACHS GROUP INC	4,101	4,359
GOLDMAN SACHS GROUP INC	34,082	33,275
JPMORGAN CHASE & CO	52,747	53,469
LOWES COS INC	45,718	44,201
MORGAN STANLEY	36,296	36,613
NEXTERA ENERGY CAP HLDGS	8,014	8,518
REPUBLIC SVCS INC	25,052	23,928
ROYAL BANK CDA GLOBAL	54,967	55,150
SUNTRUST BANK ATLANTA	42,039	41,956
TRUIST FINL CORP	6,007	6,071
US BANCORP DEL	99,258	100,440
VERIZON COMMUNICATIONS INC	34,999	35,226
VERIZON OWNER TR	80,238	80,318
VERIZON OWNER TR	50,432	50,633
WELLS FARGO COML MTG 2014	46,232	47,815
WFRBS COML MTG TR 2011	53,823	53,346

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

WILLIAM E SCOTT FOUNDATION

EIN:

75-6024661

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABS	26,101	125,399
ADOBE SYS	80,275	249,767
ACI WORLDWIDE INC	79,269	169,301
AKAMAI TECHNOLOGIES INC	44,454	195,299
ALPHABET INC CL C	2,482	36,173
ALPHABET INC CL A	16,642	235,685
AMAZON	15,373	290,076
AMERICAN EXPRESS CO	93,110	198,561
AMETEK INC	32,564	241,829
ANSYS INC	109,371	118,279
APPLE INC	9,761	246,728
BANK AMER CORP	72,215	214,070
CABOT OIL & GAS	20,231	41,000
CASTLE BIOSCIENCES	68,740	62,327
CHARLES RIVER LABORATORIES	58,670	184,205
CINTAS CORP	102,576	107,830
CHEVRON CORP	97,597	113,131
COCA COLA CO	47,076	100,075
DANAHER CORP DEL	31,797	266,386
DISNEY WALT CO	77,116	151,853
ECOLAB INC	79,790	135,500
FMC CORP	35,984	158,698
FORTINET INC	74,055	239,301
HOME DEPOT INC	85,041	95,673
HONEYWELL INTL INC	37,740	211,283
IDEX CORP	79,169	92,404
J P MORGAN CHASE	54,208	215,976
JOHNSON & JOHNSON	55,276	148,094
KIMBERLY CLARK CORP	52,608	107,770
LAUDER ESTEE COS	81,316	309,585
MICROSOFT CORP	56,090	254,674
MONDELEZ INTL INC	35,342	96,883
MOODYS CORP	70,521	253,189
NATIONAL INSTRS CORP	61,405	116,770
NIKE INC	76,238	92,111
OREILLY AUTOMOTIVE	82,536	93,646
PAYPAL HOLDINGS INC	38,813	280,822
PEPSICO INC	46,854	109,476
PERKINELMER INC	61,961	227,035
PINTEREST INC	50,991	75,748
PIONEER NAT RES CO	83,181	83,705
ROCKWELL AUTOMATION	71,131	209,657
ROPER INDS INC NEW	33,650	258,756
SALESFORCE COM INC	75,132	130,955
SBA COMMUNICATIONS CORP	25,034	226,571
STAAR SURGICAL CO	52,187	316,885
THERMO FISHER SCIENTIFIC CORP	22,761	223,013
TRACTOR SUPPLY CO	15,899	168,981
TRIMBLE NAVIGATION LTD	64,470	253,206
TRUIST FINL CORP	62,850	183,610
UNION PAC CORP	86,372	171,918
VISA INC	71,847	223,891
ZOETIS INC	62,831	272,971
ABBVIE INC	29,354	79,240
ACCENTURE PLC	16,204	56,432
ADYEN NV	1,975	6,951
AIA GROUP	12,289	20,649
AIRBUS SE	7,905	12,235
ALIBABA GROUP HLDGS LTD	9,314	16,047
ALIBABA GROUP HLDGS LTD	85,866	181,010
ALPHABET INC CL C	57,360	168,809
ALPHABET INC CL A	58,781	164,980
AMADEUS IT HLDG SA	6,047	8,081
AMAZON INC	75,992	293,299
AMERICAN ELECTRIC POWER	33,834	43,000
AMGEN INC	32,709	47,588
ANALOG DEVICES INC	38,113	65,840
ANGLO AMERICAN PLC	7,377	19,694
APPLE INC	40,234	348,908
ASML HOLDINGS NV	4,892	21,615
ASTRAZENECA PLC	6,174	8,970
AUTODESK INC	61,532	208,678
AUTOMATIC DATA PROCESSING INC	16,505	32,539
BLACKROCK INC	18,857	87,704
BOEING CO	135,652	206,262
BRISTOL MYERS SQUIBB	41,136	46,004
BROADCOM INC	4,147	9,919
BROADCOM INC	49,885	94,466
CANADIAN PAC RY LTD	9,322	10,564
CAPGEMINI SA	5,472	9,539
CERNER CORP	47,172	67,060
CHEVRON CORP	49,981	51,895
CISCO SYS INC	39,754	84,640
CISCO SYS INC	49,840	81,731
CITIGROUP INC	56,343	70,839
COCA COLA	31,050	38,703
COLGATE PALMOLIVE CO	51,484	61,243
CROWN CASTLE INTL	38,103	75,800
CVS HEALTH CORP	19,761	25,932
DAIFUKU CO LTD	3,833	7,704
DAIKIN KOGYO INDUSTRIES	7,689	15,061
DASSAULT SYSTEMS	7,844	13,336
DEERE & CO	67,561	212,327
DEUTSCHE TELEKOM NPV	12,764	15,109
DEUTSCHE WOHNEN AG	12,929	17,691
DISNEY WALT	29,912	53,595
DISNEY WALT	104,366	149,709
DOMINION ENERGY	49,633	53,298
DOW INC	5,419	11,358
DOWDUPONT INC	7,953	14,042
EATON CORP	42,299	87,150
EXPEDITORS INTL	56,333	128,204
EXPERIAN GROUP LTD	6,444	7,490
FACEBOOK INC	116,135	285,666
FACTSET RESH SYS	33,272	62,191
FANUC CORP	10,560	13,017
FERROVIAL SA	13,098	13,724
FIRST TR DOW JONES	43,361	67,743
FIRST TR ISE CLOUD COMPUTING INDEX	90,653	147,045
GLENCORE XSTRATA PLC	19,469	22,926
HOME DEPOT INC	37,594	127,564
HONEYWELL INTL INC	28,879	46,182
HUNTINGTON BANCSHARES INC	57,304	60,268
ICICI BK LTD	9,572	15,939
ILLUMINA INC	70,307	98,571
ING GROEP NV SPON ADR	19,155	20,955
INFINEON TECHNOLOG NPV	3,136	7,121
INTEL CORP	27,778	45,696
INTERNATIONAL BUSINESS MACHS	28,733	28,748
INTERNATIONAL PAPER	47,637	56,790
INTUITIVE SURGICAL INC	33,865	55,584
ISHARES GLOBAL HEALTHCARE SECTOR INDEX	33,217	40,805
ISHARES EDGE MSCI MIN VOL ETF	19,112	20,445
J P MORGAN CHASE	41,514	131,392
JOHNSON & JOHNSON	46,706	101,550
KBC GROEP NV	15,596	17,758
KEYENCE CORP	7,201	14,889
KIMBERLY CLARK CORP	34,358	39,189
KION GROUP AG	7,619	9,458
LILLY ELI & CO	38,865	119,844
LOCKHEED MARTIN CORP	34,844	76,440
LONZA GROUP AG	3,720	9,059
LVMH MOET HENNESSY EURO	8,333	16,776
MACQUARIE GROUP	6,283	11,872
MASTERCARD INC	38,213	72,116
MCDONALDS CORP	38,412	93,556
MERCADOLIBRE INC	2,870	6,793
MERCK & CO INC	59,829	75,890
MERCK KGAA	5,997	10,069
MICROSOFT CORP	58,466	349,552
MICROSOFT CORP	49,897	193,252
MONSTER BEVERAGE CORP	69,858	152,058
NESTE OYJ	7,079	8,106
NESTLE SA	17,471	25,186
NIDEC CORP	5,024	7,503
NOVARTIS AG	120,019	129,653
NOVO NORDISK	18,617	42,527
NVIDIA CORP	54,467	239,119
ORACLE CORP	105,187	197,007
PARTNERS GROUP NPV	10,290	24,176
PEPSICO	48,618	73,970
PFIZER INC	52,016	73,587
PHILIP MORRIS INTL INC	29,705	48,215
PING AN INSURANCE GROUP	11,664	16,442
PORSCHE AG	17,740	27,600
PROCTOR & GAMBLE	39,613	67,425
PROSUS NV	7,730	10,233
PRUDENTIAL FINL INC	35,812	42,788
QUALCOMM INC	41,424	103,596
RATTHEON TECH	16,360	26,613
ROCHE HLDG LTD	90,968	107,035
RECKITT BENCKISER GROUP	14,943	17,106
REGENERON PHARMACEUTICALS	77,368	110,032
RIO TINTO	15,181	18,530
ROCHE HLDG LTD	8,716	11,703
ROYAL DUTCH SHELL PLC	7,818	7,644
SALESFORCE COM INC	105,178	168,337
SCHULUMBERGER LTD	108,745	67,266
SEA LTD	6,147	6,584
SEI INVESTMENTS CO	51,537	66,104
SIEMENS AG	7,802	7,723
SIMON PPTY GROUP INC	33,072	25,698
SOFTBANK GROUP CORP	8,783	16,780
SONY CORP	11,372	11,371
STARBUCKS CORP	66,395	116,044
STERIS PLC	5,612	12,406
TAIWAN SEMICONDUCTOR	16,548	22,768
TARGET CORP	46,009	158,844
TENCENT HOLDINGS LTD	10,428	22,939
TEXAS INSTRS INC	28,749	113,892
TOKYO ELECTRON	4,616	8,343
TORONTO DOMINION BK ONTARIO	12,174	17,953
TOTAL SA	17,830	16,762
TRUIST FINL CORP	87,564	123,931
UNICREDIT SPA NPV	11,171	12,489
UNION PAC GROUP	24,444	67,419
UNITED PARCEL SVC	39,890	85,840
US BANCORP	38,230	54,702
VANGUARD FTSE ALL-WORLD EX US INDEX	299,128	487,547
VANGUARD MID-CAP GROWTH INDEX	731,560	1,350,513
VANGUARD SMALL CAP GROWTH ETF	162,294	308,334
VANGUARD SMALL CAP VALUE ETF	812,385	1,254,360
VERIZON COMMUNICATIONS INC	59,409	67,788
VISA INC	44,965	136,380
VISA INC	96,184	251,848
VIVENDI SA	6,958	9,579
VONOVIA SE	9,657	11,355
WAL-MART STORES INC	30,010	56,812
WORKDAY INC	33,930	56,494
YUM BRANDS INC	33,803	59,145
YUM CHINA HLDGS	17,548	44,507
ZURICH INSURANCE GROUP AG	13,623	15,989

- TIN:

TY 2020 InvestmentsGovtObligationsSch

Name:

WILLIAM E SCOTT FOUNDATION

EIN:

75-6024661

US Government Securities - End of Year Book Value:

1,750,472

US Government Securities - End of Year Fair Market Value:

1,764,819

State & Local Government Securities - End of Year Book Value:

State & Local Government Securities - End of Year Fair Market Value:

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

WILLIAM E SCOTT FOUNDATION

EIN:

75-6024661

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MINERAL PROPERTIES	AT COST	77,481	312,000

- TIN:

TY 2020 LegalFeesSchedule

Name:

WILLIAM E SCOTT FOUNDATION

EIN:

75-6024661

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
DECKER, JONES, MCMACKIN, MCCLANE, HALL & BATES	6,593	6,593		0

- TIN:

TY 2020 OtherExpensesSchedule

Name:

WILLIAM E SCOTT FOUNDATION

EIN:

75-6024661

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
DUES & SUBSCRIPTIONS	3,138	2,138		1,000
OFFICE EXPENSE	213	106		107

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

WILLIAM E SCOTT FOUNDATION

EIN:

75-6024661

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OIL & GAS ROYALTIES	194,479	194,479	194,479
LITIGATION SETTLEMENTS	626	626	626

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

WILLIAM E SCOTT FOUNDATION

EIN:

75-6024661

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
RAYMOND KELLY III - MANAGEMENT	6,000	4,500		1,500
INVESTMENT MANAGEMENT FEES	151,781	151,781		0

- TIN:

TY 2020 TaxesSchedule

Name:

WILLIAM E SCOTT FOUNDATION

EIN:

75-6024661

Category	Amount	Net Investment Income
AD VALOREM TAXES	3,001	3,001
GROSS PRODUCTION TAXES	22,165	22,165
US TREASURY	1,909	0
FOREIGN TAXES	4,692	4,692