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
AEC Trust
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

36-6725987
B Telephone number (see instructions)

(800) 839-1754
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$48,822,521J 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 8,361 8,361  
4 Dividends and interest from securities... 627,395 627,395  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,195,475
b Gross sales price for all assets on line 6a 9,244,282
7 Capital gain net income (from Part IV, line 2)... 3,195,475
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 221 221  
12 Total. Add lines 1 through 11........ 3,831,452 3,831,452  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 184,169 101,175   82,994
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 35,969 1,769    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 963 948   15
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 221,101 103,892   83,009
25 Contributions, gifts, grants paid....... 2,829,365 2,829,365
26 Total expenses and disbursements. Add lines 24 and 25 3,050,466 103,892   2,912,374
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 780,986
b Net investment income (if negative, enter -0-) 3,727,560
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,655,630 1,169,364 1,169,364
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   2,414    
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) 1,590,024 Click to see attachment1,593,144 1,702,912
b Investments—corporate stock (attach schedule)....... 20,575,605 Click to see attachment22,732,012 43,651,214
c Investments—corporate bonds (attach schedule)....... 1,719,104 Click to see attachment829,243 884,514
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 200,000 Click to see attachment200,000 1,414,517
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 25,742,777 26,523,763 48,822,521
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 25,742,777 26,523,763
29 Total net assets or fund balances (see instructions)..... 25,742,777 26,523,763
30 Total liabilities and net assets/fund balances (see instructions). 25,742,777 26,523,763
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
25,742,777
2
Enter amount from Part I, line 27a .....................
2
780,986
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
26,523,763
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
26,523,763
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 Publicly-traded Securities      
b
c
d
e
(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 9,244,282   6,048,807 3,195,475
b
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       3,195,475
b
c
d
e
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 3,195,475
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 51,813
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  
3 Add lines 1 and 2........................... 3 51,813
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 51,813
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 36,798
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,020
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 51,818
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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 5
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet5 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    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 addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    CIBC NATIONAL TRUST COMPANY Trustee
    1.0     		184,169 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    David H Cofrin Advisory Board Member
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Edith Dee Cofrin Advisory Board Chair
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Mary Ann H Cofrin Advisory Board Member
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Mary Ann P Cofrin Advisory Board Member
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Paige Cofrin Advisory Board Member
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    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
    39,733,129
    b
    Average of monthly cash balances.......................
    1b
    1,536,752
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,414,517
    d
    Total (add lines 1a, b, and c).........................
    1d
    42,684,398
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    42,684,398
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    640,266
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    42,044,132
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,102,207
    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
    2,102,207
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    51,813
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    51,813
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,050,394
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    2,050,394
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,050,394
    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
    2,912,374
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,912,374
    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
    2,912,374
    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 2,050,394
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 1,846,865
    b Total for prior years:2018, 2017, 2016  
    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........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,912,374
    a Applied to 2019, but not more than line 2a 1,846,865
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 1,065,509
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020.    
    (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 ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		984,885
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    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.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    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:
    CIBC NATIONAL TR CO WHIT MANSFIELD
    3290 Northside Pkwy NW 7th Fl
    Atlanta,GA30327
    (404) 881-3432
    bThe form in which applications should be submitted and information and materials they should include:
    see www.fsrequests.com/aec
    cAny submission deadlines:
    see www.fsrequests.com/aec
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    see www.fsrequests.com/aec
    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
    ACTORS EXPRESS INC
    887 W MARIETTA ST NW STE J107
    ATLANTA,GA30318     		N/A PC risk taking and diverse programming at Actor's Express 25,000
    AGAPE COMMUNITY CENTER INC
    2210 MARIETTA BLVD NW
    ATLANTA,GA30318     		N/A PC Agape Virtual After-School Program and Dinner for Kids fund 5,000
    AID ATLANTA INC
    1605 PEACHTREE ST NE
    ATLANTA,GA30309     		N/A PC Women's Initiative and Support Group fund 10,000
    AMALGAMATED CHARITABLE FOUNDATION INC
    1825 K ST NW
    WASHINGTON,DC20006     		N/A PC Emergent Fund: People's Bailout 50,000
    AMHERST CINEMA ARTS CENTER INC
    28 AMITY ST
    AMHERST,MA01002     		N/A PC See-Hear-Feel-Film (SHFF) fund 25,000
    ATLANTA ASSOCIATION FOR CONVALESCENT AGED PERSONS
    1821 ANDERSON AVE NW
    ATLANTA,GA30314     		N/A PC COVID-19 Relief fund for Sadie G. Mays Health and Rehabilitation Center 10,000
    ATLANTA BALLET INCORPORATED
    1695 MARIETTA BLVD NW
    ATLANTA,GA30318     		N/A PC Atlanta Ballet Centre for Dance Education program 10,000
    ATLANTA COMMUNITY FOOD BANK INC
    3400 N DESERT DR
    ATLANTA,GA30344     		N/A PC General & Unrestricted 50,000
    ATLANTA PRIDE COMMITTEE INC
    1530 DEKALB AVE
    ATLANTA,GA30307     		N/A PC Atlanta Pride General Operating Expense fund 25,000
    ATLANTA VICTIM ASSISTANCE INC
    150 GARNETT ST SW
    ATLANTA,GA30303     		N/A PC Victims to Victors After-School Program and general operation fund 15,000
    ATLANTA VOLUNTEER LAWYERS FOUNDATION INC
    235 PEACHTREE ST S1750 N TOWER
    ATLANTA,GA30303     		N/A PC Atlanta Volunteer Lawyers Foundation COVID-19 Response Fund 25,000
    AUDIO INFORMATION NETWORK OF COLORADO
    1700 55TH ST STE A
    BOULDER,CO80301     		N/A PC Bringing Print to Life for Blind/Low Vision and Print-Disabled Residents program 5,000
    AUDUBON SOCIETY OF RHODE ISLAND
    12 SANDERSON RD
    SMITHFIELD,RI02917     		N/A PC Environmental Education Urban Collaborative fund 50,000
    AUDUBON SOCIETY OF RHODE ISLAND
    12 SANDERSON RD
    SMITHFIELD,RI02917     		N/A PC new Climate Change Environmental Education Initiative and the ongoing Environmental Education for Urban Schools Initiative 75,000
    BOULDER COMMUNITY HOUSING CORPORATION INC
    PO BOX 471
    BOULDER,CO80306     		N/A PC Casa de la Esperanza Scholars fund 10,000
    BOULDER EMERGENCY SQUAD BOULDER COLORADO
    PO BOX 18887
    BOULDER,CO80308     		N/A PC Emergency Services fund in Boulder County 10,000
    BOULDER VALLEY WOMENS HEALTH CENTER INC
    2855 VALMONT RD
    BOULDER,CO80301     		N/A PC funds to subsidized essential services during COVID-19 crisis and beyond 10,000
    BRIDGE HOUSE
    5345 ARAPAHOE AVE 5
    BOULDER,CO80303     		N/A PC Bridge House Ready to Work Program 5,000
    BURNAWAY INC
    928 PONCE DE LEON AVE NE STE 300
    ATLANTA,GA30306     		N/A PC Burnaway 2020 Editorial Program 7,500
    CAL-WOOD EDUCATION CENTER
    PO BOX 347
    JAMESTOWN,CO80455     		N/A PC Environmental Education fund for Low-Income Boulder Children 5,000
    CALIFORNIA FIRE FOUNDATION
    1780 CREEKSIDE OAKS
    SACRAMENTO,CA95833     		N/A PC Aid to Victims of Emergency (SAVE) program 25,000
    CANINE PARTNERS OF THE ROCKIES INC
    651 POTOMAC ST STE E
    AURORA,CO80011     		N/A PC Mobility Assistance Dogs fund 5,000
    CELEBRATE AUTISM INC
    4564 ARAPAHOE AVE
    BOULDER,CO80303     		N/A PC Online Business Education fund for the Disability Community 5,000
    CENTER FOR HUMAN DEVELOPMENT INC
    332 BIRNIE AVE
    SPRINGFIELD,MA01107     		N/A PC FOA Community Housing Support Program (CHSP) 75,000
    CENTER FOR HUMAN DEVELOPMENT INC
    332 BIRNIE AVE
    SPRINGFIELD,MA01107     		N/A PC Not Bread Alone fund 15,000
    CENTRAL OUTREACH AND ADVOCACY CENTER INC
    201 WASHINGTON ST SW
    ATLANTA,GA30303     		N/A PC Central OAC and general operations fund 10,000
    CHATTAHOOCHEE NATURE CENTER INC
    PO BOX 769769
    ROSWELL,GA30076     		N/A PC Bridging.Teaching.Inspiring. Capital Campaign 50,000
    CHATTAHOOCHEE RIVERKEEPER INC
    916 JOSEPH LOWERY BLVD NW STE 3
    ATLANTA,GA30318     		N/A PC Lake Lanier Aquatic Learning Center 10,000
    CHEF ANN FOUNDATION
    5445 CONESTOGA COURT STE 150
    BOULDER,CO80301     		N/A PC COVID-19 & School Food fund 5,000
    CHEF ANN FOUNDATION
    5445 CONESTOGA COURT STE 150
    BOULDER,CO80301     		N/A PC The Lunch Box fund 15,000
    CHILD AND FAMILY ADVOCACY PROGRAM
    2617 IRIS HOLLOW PL
    BOULDER,CO80304     		N/A PC Child Abuse Intervention, Education, and Advocacy program 5,000
    CHILDKIND INC
    1990 LAKESIDE PKWY STE 350
    TUCKER,GA30084     		N/A PC Home Based Services for Medically Fragile Children and general operation fund 10,000
    CHRIS 180 INC
    1030 FAYETTEVILLE RD SE
    ATLANTA,GA30316     		N/A PC COVID-19 Community Response Services and general operations fund 25,000
    CLARKSTON COMMUNITY HEALTH INC
    3700 MARKET ST STE E
    CLARKSTON,GA30021     		N/A PC Women's Health Initiative 20,000
    COLORADO FRIENDSHIP
    1067 S HOVER ST STE E-116
    LONGMONT,CO80501     		N/A PC IncrEdibles program 10,000
    COLORADO HORSE RESCUE
    10386 N 65TH ST
    LONGMONT,CO80503     		N/A PC Animal Welfare program 7,500
    COMMUNITY ADVANCED PRACTICE NURSES INC
    173 BLVD NE
    ATLANTA,GA30312     		N/A PC Women & Children's Health & Wellness Program 25,000
    COMMUNITY FOOD SHARE INC
    650 S TAYLOR AVE
    LOUISVILLE,CO80027     		N/A PC Food fund for Children, Families & Older Adults 5,000
    COMMUNITY FOUNDATION
    1123 SPRUCE ST
    BOULDER,CO80302     		N/A PC 2020 Fires Relief Fund 25,000
    COMMUNITY FOUNDATION OF THE NAPA VALLEY
    3299 CLAREMONT WAY STE 4
    NAPA,CA94558     		N/A PC The Napa Valley Community Disaster Relief Fund 20,000
    CONSERVATION FLORIDA INC
    408 W UNIVERSITY AVE STE 402
    GAINESVILLE,FL32601     		N/A PC Silver Springs Protection Zone program 25,000
    CROSSROADS COMMUNITY MINISTRIES INC
    420 COURTLAND ST NE
    ATLANTA,GA30308     		N/A PC The Renewal Project and general operation fund 20,000
    DADS GARAGE INC
    PO BOX 5867
    ATLANTA,GA31107     		N/A PC Resiliency Investment fund 25,000
    DASHBOARD CO-OP INC
    245 N HIGHLAND AVE NEAST
    ATLANTA,GA30307     		N/A PC South Downtown Artist Residency program 10,000
    DEVELOPMENTAL DISABILITIES CENTER DBA IMAGINE
    1400 DIXON AVE
    LAFAYETTE,CO80026     		N/A PC Community Calendar Events fund 15,000
    DRESS FOR SUCCESS ATLANTA INC
    6255 BARFIELD RD STE 155
    ATLANTA,GA30328     		N/A PC Going Places Strong Network (GPSN) and general operation fund 10,000
    EAST ATLANTA KIDS CLUB INC
    659 GRESHAM AVE SE
    ATLANTA,GA30316     		N/A PC East Atlanta Kids Club Out-of-School Programs for At-risk Youth 15,000
    EAST LAKE FOUNDATION INC
    2606 ALSTON DR SE
    ATLANTA,GA30317     		N/A PC East Lake COVID-19 Relief Fund 25,000
    EL REFUGIO MINISTRY INC
    PO BOX 3996
    DECATUR,GA30031     		N/A PC Pandemic Support Initiative 10,000
    ENCHANTED CIRCLE INC
    4 OPEN SQ WAY/206
    HOLYOKE,MA01040     		N/A PC year 2 of 4-year Creative Classroom Initiative(CCI) 10,000
    ENERGY RESOURCE CENTER
    114 W RIO GRANDE ST
    COLORADO SPGS,CO80903     		N/A PC Weatherization Assistance Program 5,000
    EVERYBODY WINS ATLANTA INC
    2221 PEACHTREE RD NE
    ATLANTA,GA30309     		N/A PC Everybody Wins! Atlanta Literacy Program for Elementary Students 5,000
    FAMILIES FIRST INC
    80 JOSEPH E LOWERY BLVD NW
    ATLANTA,GA30314     		N/A PC Addressing Teenage Parents and Pregnancy and general operation fund 20,000
    FAMILIES HELPING FAMILIES OF SOUTHWEST LOUISIANA
    2927 HODGES ST
    LAKE CHARLES,LA70601     		N/A PC Hurricane Lara recovery fund 25,000
    FAMILY LEARNING CENTER INC
    3164 34TH ST
    BOULDER,CO80301     		N/A PC Educational Enrichment fund for Boulder's Low-income Students 10,000
    FIRST STEP STAFFING
    236 AUBURN AVE NE STE 203
    ATLANTA,GA30303     		N/A PC Employment and Support for Men and Women Experiencing Homelessness program 10,000
    FOR THE KID IN ALL OF US INC
    PO BOX 8364
    ATLANTA,GA31106     		N/A PC Backpack in the Park and general operation fund 10,000
    FRIENDS OF CHILDREN INC
    245 RUSSELL ST
    HADLEY,MA01035     		N/A PC General & Unrestricted 20,000
    FRIENDS OF CHILDREN INC
    245 RUSSELL ST
    HADLEY,MA01035     		N/A PC FOCUS: Foster Futures program 50,000
    GALVESTON COUNTY FOOD BANK
    624 4TH AVE N
    TEXAS CITY,TX77590     		N/A PC Hurricane Lara recovery fund 25,000
    GALVESTON ISLAND MEALS ON WHEELS INC
    2803 53RD ST
    GALVESTON,TX77551     		N/A PC Hurricane Lara recovery fund 25,000
    GEORGIA ALLIANCE EDUCATION FUND INC
    PO BOX 170495
    ATLANTA,GA30317     		N/A PC Georgia Alliance Education Fund, General Operating fund 25,000
    GEORGIA ASYLUM & IMMIGRATION NETWORK INC
    PO BOX 78425
    ATLANTA,GA30357     		N/A PC GAIN's Victims of Violence Program for Immigrant Survivors and general operation fund 20,000
    GEORGIA HEALTHY FAMILY ALLIANCE INC
    3760 LAVISTA RD STE 100
    TUCKER,GA30084     		N/A PC Tar Wars program 5,000
    GEORGIA JUSTICE PROJECT INC
    438 EDGEWOOD AVE SE
    ATLANTA,GA30312     		N/A PC Improving Employability of People with Criminal Records 10,000
    GEORGIA LATINO ALLIANCE FOR HUMAN RIGHTS INC
    2215 PERIMETER PARK DR STE 6
    ATLANTA,GA30341     		N/A PC Grassroots community organizing and leadership development fund 10,000
    GREENHOUSE SCHOLARS
    1820 FOLSOM ST
    BOULDER,CO80302     		N/A PC fund for low-income college students during COVID-19 and its economic impact 10,000
    GROWE FOUNDATION
    1220 CLAREMONT DR
    BOULDER,CO80305     		N/A PC Garden To Table program 5,000
    GROWING GARDENS
    PO BOX 1066
    BOULDER,CO80306     		N/A PC Growing Gardens Food Project 10,000
    HANDS ON ATLANTA INC
    600 MEANS ST NW STE 100
    ATLANTA,GA30318     		N/A PC Addressing inequity in education for economically disadvantaged Metro Atlanta children and general operation fund 10,000
    HEADWATERS FOUNDATION FOR JUSTICE
    2801 21ST AVE S STE 132B
    MINNEAPOLIS,MN55407     		N/A PC Communities First Fund 10,000
    HORIZON THEATRE COMPANY INCORPORATED
    PO BOX 5376
    ATLANTA,GA31107     		N/A PC Horizon Theatre Company and general operation fund 25,000
    HUMANE SOCIETY OF THE UNITED STATES
    1255 23RD ST NW STE 450
    WASHINGTON,DC20037     		N/A PC Australian wildfire relief fund 25,000
    IMPACT ON EDUCATION
    721 FRONT ST APT A
    LOUISVILLE,CO80027     		N/A PC Early Childhood Education Summer Shuffle program 5,000
    INFACT
    10 MILK ST
    BOSTON,MA02108     		N/A PC General & Unrestricted 25,000
    INN BETWEEN OF LONGMONT INC
    515 KIMBARK ST STE 107
    LONGMONT,CO80501     		N/A PC General & Unrestricted 20,000
    INTERNATIONAL FUND FOR ANIMAL WELFARE INC
    290 SUMMER ST
    YARMOUTH PORT,MA02675     		N/A PC CA Wildfires assistance fund 25,000
    IYRS SCHOOL OF TECHNOLOGY & TRADES
    449 THAMES ST UNIT 111
    NEWPORT,RI02840     		N/A PC 5 students scholarship fund 25,000
    JERUSALEM HOUSE INC
    17 EXECUTIVE PARK DR NE STE 2
    ATLANTA,GA30329     		N/A PC The Housing Programs of Jerusalem House 5,000
    KESTREL LAND TRUST
    PO BOX 1016
    AMHERST,MA01004     		N/A PC Valley Land Conservation Fund to create a business plan and additional seed funding to purchase land for a conservation cemetery and to protect wildlife habitat on the Mount Holyoke Range 100,000
    LAKE TOXAWAY CHARITIES
    PO BOX 163
    LAKE TOXAWAY,NC28747     		N/A PC Immediate Aid To Transylvania County During Coronavirusoutbreak 10,000
    LIVE-THRIVE ATLANTA INC
    3901 WHITTINGTON DR NE
    ATLANTA,GA30342     		N/A PC Center for Hard to Recycle Materials program 25,000
    LOVE BEYOND WALLS
    3270 MAIN ST
    ATLANTA,GA30337     		N/A PC Love Sinks In program 5,000
    MAKING A WAY HOUSING INC
    377 WESTCHESTER BLVD NW
    ATLANTA,GA30314     		N/A PC Housing Opportunities for People with HIV/AIDS 10,000
    MARTIN LUTHER KING COMMUNITY CENTER INCORPORATED
    20 DR MARCUS WHEATLAND BLVD
    NEWPORT,RI02840     		N/A PC General & Unrestricted 50,000
    MARTIN LUTHER KING COMMUNITY CENTER INCORPORATED
    20 DR MARCUS WHEATLAND BLVD
    NEWPORT,RI02840     		N/A PC COVID-19 Relief fund for Newport County 75,000
    MARTIN LUTHER KING COMMUNITY CENTER INCORPORATED
    20 DR MARCUS WHEATLAND BLVD
    NEWPORT,RI02840     		N/A PC Martin Luther King Community Center Hunger Relief program 25,000
    MARTIN LUTHER KING JR CENTER FOR NON VIOLENT SOCIA
    449 AUBURN AVE NE
    ATLANTA,GA30312     		N/A PC MLK Youth Leadership and Cultural Enrichment Program 10,000
    MENTAL HEALTH CENTER OF BOULDER COUNTY INC
    1455 DIXON AVE
    LAFAYETTE,CO80026     		N/A PC Moving to End Sexual Assault (MESA) program 10,000
    MIDTOWN ASSISTANCE CENTER INC
    30 PORTER PL NE
    ATLANTA,GA30308     		N/A PC Homeless Prevention Program 10,000
    MOTHER HOUSE INC
    PO BOX 19589
    BOULDER,CO80308     		N/A PC Shelter and Supportive Services for Homeless Women, Children, and Other Vulnerable Groups 10,000
    MOTHERHOOD BEYOND BARS
    PO BOX 15276
    ATLANTA,GA30333     		N/A PC MBB Caregiver Support Program 10,000
    MOVING IN THE SPIRIT INC
    544 ANGIER AVE NE
    ATLANTA,GA30308     		N/A PC Creative youth development through dance and general operation fund 50,000
    NAMI GEORGIA INC
    4120 PRESIDENTIAL PKWY STE 200
    ATLANTA,GA30340     		N/A PC NAMI Georgia HelpLine and general operation fund 15,000
    NATIONAL CENTER FOR CIVIL AND HUMAN RIGHTS INC
    250 WILLIAMS ST STE 2322
    ATLANTA,GA30303     		N/A PC Power to Inspire: The March Continues Online Campaign and general operation fund 20,000
    NATIONAL DOMESTIC WORKERS ALLIANCE INC
    45 BROADWAY STE 320
    NEW YORK,NY10006     		N/A PC Coronavirus Care Fund 50,000
    NEW LIFE COMMUNITY MINISTRIES INC
    3592 FLAT SHOALS RD
    DECATUR,GA30034     		N/A PC Dignity Service (COVID 19 Relief Efforts) fund 10,000
    ORGANIZATION FOR HUMAN RIGHTS AND DEMOCRACY
    931 MONROE DR NE 110-552
    ATLANTA,GA30308     		N/A PC administration of the Metro Atlanta Mutual Aid Fund 20,000
    OUR HOUSE INC
    711 S COLUMBIA DR
    DECATUR,GA30030     		N/A PC Early Childhood Education for Children Experiencing Homelessness and general operation fund 15,000
    PARK PRIDE INC
    233 PEACHTREE ST NE STE 1600
    ATLANTA,GA30303     		N/A PC Park Visioning: Turning Community Dreams into Conceptual Plans and general operation fund 10,000
    PROJECT SOUTH THE INSTITUTION FOR THE ELIMINATION
    9 GAMMON AVE SE
    ATLANTA,GA30315     		N/A PC Imagine Water Works - Hurricane Laura Relief fund 25,000
    PROJECT V E T S
    1630A 30TH ST 256
    BOULDER,CO80301     		N/A PC Heal the planet, one animal at a time program 5,000
    PROTESTANT EPISCOPAL CHURCH IN THE UNITED STATES O
    PO BOX 325
    LOUISVILLE,CO80027     		N/A PC Saint Benedict Health and Healing Ministry fund 5,000
    READER TO READER INC
    38 WOODSIDE AVE
    AMHERST,MA01002     		N/A PC Read, Think, Share (RTS) program 10,000
    RESOURCE CENTRAL
    2639 SPRUCE ST
    BOULDER,CO80302     		N/A PC Resource Central's Materials Reuse Program 10,000
    RESOURCE CENTRAL
    2639 SPRUCE ST
    BOULDER,CO80302     		N/A PC Slow the Flow: An Easy Strategy to Reduce Water Usage in the Front Range 10,000
    ROBERT W WOODRUFF ARTS CENTER - ALLIANCE THEATRE
    1280 PEACHTREE ST NE
    ATLANTA,GA30309     		N/A PC BIPOC Women at the Alliance Theatre program 10,000
    ROBIN HOOD FOUNDATION
    826 BROADWAY 9TH FL
    NEW YORK,NY10003     		N/A PC COVID-19 Relief Fund 50,000
    SECOND HARVEST FOOD BANK OF GREATER NEW ORLEANS AN
    700 EDWARDS AVE
    NEW ORLEANS,LA70123     		N/A PC Hurricane Lara recovery fund 25,000
    SECOND WIND FUND OF BOULDER COUNTY
    PO BOX 846
    LAFAYETTE,CO80026     		N/A PC Suicide Prevention Programs for Youth in Boulder County 5,000
    SHAMBHALA MOUNTAIN CENTER
    151 SHAMBHALA WAY
    RED FE LKS,CO80545     		N/A PC CO Wildfires assistance fund 10,000
    SISTER SONG INC
    1237 RALPH D ABERNATHY BLVD SW
    ATLANTA,GA30310     		N/A PC Artists United for Reproductive Justice fund 15,000
    SOUTHEAST TEXAS FOOD BANK
    PO BOX 21012
    BEAUMONT,TX77720     		N/A PC Hurricane Lara recovery fund 25,000
    SOUTHERNERS ON NEW GROUND
    PO BOX 11250
    ATLANTA,GA30310     		N/A PC Women and LGBTQ Decriminalization Movement and/or General Operation fund 50,000
    SPRINGFIELD MUSEUMS CORPORATION
    21 EDWARDS ST
    SPRINGFIELD,MA01103     		N/A PC Virtual Field Trips to the Springfield Museum fund 15,000
    ST JUDES RECOVERY CENTER INC
    139 RENAISSANCE PKWY NE
    ATLANTA,GA30308     		N/A PC Ascensa Health Residential Treatment Program and general operation fund 25,000
    STONELEIGH-BURNHAM SCHOOL
    574 BERNARDSTON RD
    GREENFIELD,MA01301     		N/A PC Geissler Gallery and Fitness Center renovation fund 50,000
    STREET DOG COALITION
    220 JACKSON AVE
    FORT COLLINS,CO80521     		N/A PC Veterinarian Clinics for Pets of Homeless and Near Homeless Individuals program 5,000
    SUGAR LOAF FIRE PROTECTION DISTRICT
    1360 SUGAR LOAF RD
    BOULDER,CO80302     		N/A GOV General & Unrestricted 15,000
    SUGAR LOAF FIRE PROTECTION DISTRICT
    1360 SUGAR LOAF RD
    BOULDER,CO80302     		N/A GOV COVID-19 Response & Bunker Gear fund 24,365
    SUGAR LOAF FIRE PROTECTION DISTRICT
    1360 SUGAR LOAF RD
    BOULDER,CO80302     		N/A GOV Utility Task Vehicle (UTV) fund 10,000
    SYNCHRONICITY PERFORMANCE GROUP
    1389 PEACHTREE ST NE STE 350
    ATLANTA,GA30309     		N/A PC Synchronicity Theatre General Operations Support fund 25,000
    TAHIRIH JUSTICE CENTER
    6402 ARLINGTON BLVD STE 300
    FALLS CHURCH,VA22042     		N/A PC immigrant women and girls escaping from gender-based violence and general operation fund 25,000
    TEACHING PEACE
    528 MAIN ST
    LONGMONT,CO80501     		N/A PC Restorative Justice fund 5,000
    TERRY FARRELL FIREFIGHTERS FUND OF CO INC
    1281 E MAGNOLIA ST UNIT D PMB 136
    FT COLLINS,CO80524     		N/A PC CO Wildfires assistance fund 15,000
    THE CENTER FOR BLACK WOMENS WELLNESS CBWW INC
    477 WINDSOR ST SW RM 309
    ATLANTA,GA30312     		N/A PC COVID-19 Behavioral Health Relief Project 5,000
    THE GLOBAL VILLAGE PROJECT INC
    205 SYCAMORE ST
    DECATUR,GA30030     		N/A PC Intensive English Language and Literacy Education fund 20,000
    THE HUMANE SOCIETY OF BOULDER VALLEY INC
    2323 55TH ST
    BOULDER,CO80301     		N/A PC Adoption Services for Shelter Animals program 10,000
    THE TINY TIM CENTER INC
    611 KORTE WAY
    LONGMONT,CO80501     		N/A PC Early Childhood Education and Services program 5,000
    THE TRUST FOR PUBLIC LAND - GEORGIA OFFICE
    600 W PEACHTREE ST NW STE 1840
    ATLANTA,GA30308     		N/A PC Atlanta Community Schoolyards Program and general operation fund 10,000
    THERE WITH CARE
    2825 WILDERNESS PL STE 100
    BOULDER,CO80301     		N/A PC Emergency Basic Needs Services to Families with a Critically Ill Child 10,000
    TRANS HOUSING ATLANTA INC
    1530 DEKALB AVE NE STE A
    ATLANTA,GA30307     		N/A PC Case Management and Supportive Services Program 10,000
    UNIVERSITY OF FLORIDA FOUNDATION INC - SAMUEL P H
    PO BOX 14425
    GAINESVILLE,FL32604     		N/A PC Harn Museum of Art fund 150,000
    VOX TEEN COMMUNICATIONS INC
    229 PEACHTREE ST NE STE 725
    ATLANTA,GA30303     		N/A PC Summer at VOX 2020 and general operation fund 10,000
    W O L F
    PO BOX 1544
    LAPORTE,CO80535     		N/A PC CO Wildfires assistance fund 10,000
    WEST ATLANTA WATERSHED ALLIANCE INC
    1442 RICHLAND RD SW
    ATLANTA,GA30310     		N/A PC Youth Environmental Education Experiences: Outdoor Academy (O-Academy) & Educational Field Trip fund and general operation fund 20,000
    WILDLAND FIREFIGHTER FOUNDATION
    2393 W AIRPORT WAY
    BOISE,ID83705     		N/A PC CO Wildfires assistance fund 15,000
    WOMEN MOVING ON INC
    PO BOX 171
    DECATUR,GA30031     		N/A PC General Operating Support fund 10,000
    WORLD ANIMAL PROTECTION
    450 7TH AVE 31ST FL
    NEW YORK,NY10123     		N/A PC Australian wildfire relief fund 25,000
    WORLD WILDLIFE FUND INC
    1250 24TH ST NW
    WASHINGTON,DC20037     		N/A PC Australian wildfire relief fund 25,000
    WYLDE CENTER INC
    435 OAKVIEW RD
    DECATUR,GA30030     		N/A PC General Operation Support for Wylde Center Greenspaces and Program 25,000
    YOUNG WOMEN CHRISTIAN ASSOCIATION OF GREATER ATLAN
    957 N HIGHLAND AVE NE
    ATLANTA,GA30306     		N/A PC ENCOREPlus Breast Cancer Awareness for Underserved Women and general operation fund 10,000
    YOUTHSPARK INC
    395 PRYOR ST SW STE 2117
    ATLANTA,GA30312     		N/A PC Youth Services Center: Making a Difference for Atlanta's At-Risk Youth 15,000
    Total .................................bullet 3a 2,829,365
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 8,361  
    4 Dividends and interest from securities....     14 627,395  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 3,195,475  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aCLASS ACTION LAWSUIT PROCEEDS     		    01 221  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   3,831,452  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,831,452
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

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

    TY 2020 DepreciationSchedule
    Name:
    AEC Trust
    EIN:
    36-6725987
    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

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    AEC Trust
    EIN:
    36-6725987
    Name of Bond End of Year Book Value End of Year Fair Market Value
    COMCAST CORP - 3.375% - 08/15/ 100,181 111,574
    ELECTRONIC ARTS INC NOTE - 4.8 112,612 118,956
    GLAXOSMITHKLINE CAP INC NOTE - 110,867 119,068
    INTEL CORP NOTE - 3.300% - 10/ 208,893 204,439
    ORACLE CORP - 3.625% - 07/15/2 152,234 162,595
    SCHWAB CHARLES CORP - 3.200% - 144,456 167,882

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    AEC Trust
    EIN:
    36-6725987
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 529,290 668,984
    ADOBE SYSTEMS, INC 223,360 723,174
    AIA GROUP LTD ADR 29,485 42,547
    ALCON INC 22,172 25,138
    ALIBABA GROUP HOLDING LTD 29,055 38,633
    ALPHABET INC CL A 248,454 687,035
    ALPHABET INC CL C 385,429 1,166,752
    ALPS CLEAN ENERGY ETF 817,757 2,148,019
    AMADEUS IT HLDS SA 35,746 41,928
    AMAZON COM 531,315 2,634,855
    AMERICAN ELECTRIC POWER INC 453,543 418,432
    AMERICAN TOWER REIT INC 217,069 347,913
    AMERICAN WATER WORKS COMPANY I 348,213 414,983
    ANALOG DEVICES INC 313,967 551,476
    APPLE INC 233,185 1,476,706
    ASML HOLDING NV NY REG SHS 19,851 47,309
    ASSA ABLOY UNSP/ADR 19,692 25,203
    ASTRAZENECA 531,819 480,004
    AUTOMATIC DATA PROCESSING INC 152,479 408,079
    BAE SYSTEMS PLC 18,214 20,281
    BANCO SANTANDER CEN 44,656 32,553
    BHP BILLITON LIMITED 29,487 38,551
    BLACKROCK INC 303,033 604,651
    BROOKFIELD ASSET MANAGEMENT CL 11,932 17,045
    CANADIAN NATL RAILWAY CO 16,791 21,860
    CHARLES SCHWAB CORP 682,899 835,592
    CHEVRON CORP 384,206 269,649
    CHUBB LIMITED 21,601 25,859
    CIGNA CORPORATION 293,922 418,025
    CISCO SYSTEMS INC 475,295 749,384
    COMCAST CORP 208,784 411,183
    COMPASS GROUP PLC ADR 22,581 21,689
    CONTL AG SPONS ADR 26,649 33,196
    DAIKIN INDS LTD ADR 24,950 44,347
    DANAHER CORP 206,174 750,389
    DBS GROUP HLDGS SPON ADR 20,893 23,423
    DEUTSCHE BOERSE ADR 13,130 16,325
    DIAGEO PLC ADS 26,265 28,268
    DOLLAR GENERAL CORP 211,411 513,763
    ECOLAB INC 438,444 569,892
    EURONET WORLDWIDE INC 23,522 30,723
    FANUC LIMITED UNSPONSORED 17,698 27,529
    FIDELITY NATIONAL INFORMATION 323,450 755,113
    FISERV INC 213,078 681,224
    FOMENTO ECONOMICO MEXICANO 17,033 16,291
    GRIFOLS SA REP 1/2 CL B 18,084 17,647
    HDFC BANK LTD ADR 31,177 45,163
    HEXAGON 11,426 19,218
    HOME DEPOT INC 243,913 684,768
    HONEYWELL INTL 574,816 926,947
    ICON PLC - AMERICAN DEPOSITARY 28,618 37,826
    INTERCONTINENTAL EXCHANGE, INC 419,313 665,108
    INTERCONTINENTAL HOTELS GROUP 19,116 22,336
    JOHNSON & JOHNSON 573,901 875,977
    JP MORGAN CHASE 247,275 800,541
    JULIUS BAER GROUP LTD 19,054 27,756
    L'AIR LIQUIDE ADR OTC 23,593 31,673
    LAS VEGAS SANDS CORP 19,663 22,052
    LINDE PLC COM 181,201 658,775
    LLOYDS BANKING GROUP PLC 35,670 32,605
    LONDON STK EXCHANGE GROUP 13,456 26,446
    LVMH MOET HENN UNSP 22,146 41,909
    MATTHEWS PACIFIC TIGER FUND I 809,682 973,995
    MEDTRONIC PLC 388,764 573,049
    MERCADOLIBRE, INC 6,344 18,427
    MICROSOFT CORP 314,164 2,328,514
    MONDELEZ INTERNATIONAL INC 562,114 631,184
    NEW ORIENTAL ED & TECHNOLOGY G 7,536 17,095
    NEXTERA ENERGY, INC 318,542 584,488
    NIDEC CORPORATION ADR 22,871 43,049
    NOVARTIS AG ADR 26,854 31,917
    OTIS WORLDWIDE CORP 265,560 363,149
    PEPSICO INC 356,400 593,200
    PIONEER NAT RES CO 392,752 278,233
    PNC FINANCIAL GROUP INC 387,077 458,473
    QUALCOMM INC 326,225 812,734
    RAYTHEON TECHNOLOGIES CORP 511,360 580,733
    RITCHIE BROS AUCTIONEERS 17,521 28,585
    ROPER INDUSTRIES 375,616 510,411
    ROYAL DUTCH SHEL PLC SPONS ADR 26,411 19,191
    S&P GLOBAL INC COM 394,026 383,299
    SALESFORCE.COM 271,895 474,656
    SEVEN & I HOLDINGS C 19,770 17,529
    SIEMENS AG 23,320 27,926
    SMITH & NEPHEW PLC ADR 18,311 19,820
    SONY CORP ADR 19,951 30,027
    STRYKER CORPORATION 183,684 543,499
    SUNCOR ENERGY INC 20,049 14,649
    SYMRISE AG UNSPONSORED 21,542 32,139
    SYSMEX CORP UNSP ASDR 17,952 38,316
    T-MOBILE US INC 438,898 858,725
    TAIWAN SEMICONDUCTOR MFG CO LT 19,296 42,635
    TEMENOS GROUP AG 18,989 17,986
    TENCENT HOLDINGS LIMITED 30,143 48,238
    TEXAS INSTRUMENTS INC 332,598 432,483
    THE BLACKSTONE GROUP INC CL A 506,033 679,144
    THERMO FISHER SCIENTIFIC INC 194,415 692,149
    TJX COMPANIES INC 385,454 643,155
    TOKIO MARINE HOLDINGS INC 15,204 16,877
    UBISOFT ENTERTAIN UNSP ADR EAC 20,364 27,913
    UNION PACIFIC 311,310 613,833
    UNITEDHEALTH GROUP INC 272,683 1,098,680
    US BANCORP 488,919 542,541
    V F CORP 163,417 368,203
    VESTAS WIND SYS UNSP/ADR 13,759 33,561
    VISA INC 420,336 1,197,327
    WALT DISNEY HOLDINGS CO 362,789 457,842
    WASTE MANAGEMENT INC 519,039 571,961
    YUM CHINA HOLDINGS INC 24,612 34,711
    ZOETIS INC 387,060 604,241

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    AEC Trust
    EIN:
    36-6725987
    US Government Securities - End of Year Book Value:

    1,593,144
    US Government Securities - End of Year Fair Market Value:

    1,702,912
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    AEC Trust
    EIN:
    36-6725987
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    KING STREET CAPITAL   200,000 1,414,517

    TY 2020 OtherExpensesSchedule
    Name:
    AEC Trust
    EIN:
    36-6725987
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bank Charges 948 948    
    State or Local Filing Fees 15     15


    TY 2020 OtherIncomeSchedule2
    Name:
    AEC Trust
    EIN:
    36-6725987
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Class Action Lawsuit Proceeds 221 221  


    TY 2020 TaxesSchedule
    Name:
    AEC Trust
    EIN:
    36-6725987
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 34,200      
    Foreign Tax Paid 1,769 1,769