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
DULANEY FA AND JF CHAR
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2907 - MC 100-01-02-50
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILSON, NC278942907
A Employer identification number

54-6487683
B Telephone number (see instructions)

(540) 665-4345
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$4,592,798J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 3,578 3,578  
4 Dividends and interest from securities... 62,840 62,729  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 208,557
b Gross sales price for all assets on line 6a 1,155,208
7 Capital gain net income (from Part IV, line 2)... 208,557
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 274,975 274,864  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 46,790 23,395   23,395
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,269 687   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 18 18    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 48,077 24,100 0 23,395
25 Contributions, gifts, grants paid....... 200,000 200,000
26 Total expenses and disbursements. Add lines 24 and 25 248,077 24,100 0 223,395
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 26,898
b Net investment income (if negative, enter -0-) 250,764
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 23,319 23 23
2 Savings and temporary cash investments......... 106,780 135,979 135,979
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,523,887 Click to see attachment822,956 1,538,355
c Investments—corporate bonds (attach schedule)....... 1,884,285 Click to see attachment1,995,642 2,038,238
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 110,884 Click to see attachment622,819 775,404
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment104,799 Click to see attachment104,799
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,649,155 3,682,218 4,592,798
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,649,155 3,682,218
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 3,649,155 3,682,218
30 Total liabilities and net assets/fund balances (see instructions). 3,649,155 3,682,218
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
3,649,155
2
Enter amount from Part I, line 27a .....................
2
26,898
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
6,238
4
Add lines 1, 2, and 3 ..........................
4
3,682,291
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
73
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,682,218
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 100000. MERCK & CO INC 1.850% 02/10/20   2015-04-16 2020-02-10
b 8. CARRIER GLOBAL CORP   2018-05-07 2020-04-09
c 19.756 HARDING LOEVNER INTL EQ-INST   2019-10-01 2020-04-09
d 121.233 HARDING LOEVNER INTL EQ-INST   2019-03-15 2020-04-09
e 58. HOME DEPOT INCORPORATED     2020-04-09
55. LAS VEGAS SANDS CORP   2019-09-26 2020-04-09
2. MERCADOLIBRE INC   2019-03-14 2020-04-09
4. OTIS WORLDWIDE CORP   2018-05-07 2020-04-09
95. PPG INDUSTRIES INCORPORATED     2020-04-09
10. WORKDAY INC-CLASS A   2019-03-14 2020-04-09
.678 RAYTHEON TECHNOLOGIES CORP   2019-12-09 2020-04-10
127. ABBOTT LABORATORIES     2020-05-05
25. ABBVIE INC   2019-12-09 2020-05-05
5. BIOGEN INC   2019-12-09 2020-05-05
18. BOEING COMPANY   2018-05-07 2020-05-05
55. DISNEY WALT COMPANY   2018-11-20 2020-05-05
15. DOLLAR TREE INC   2019-10-01 2020-05-05
42. DOLLAR TREE INC   2019-03-14 2020-05-05
100000. GENERAL DYNAMICS 1.875% 8/15/23   2019-07-02 2020-05-05
11. ILLUMINA INC     2020-05-05
3. INTUITIVE SURGICAL INC   2018-05-07 2020-05-05
7. J P MORGAN CHASE & CO   2017-03-02 2020-05-05
6. O'REILLY AUTOMOTIVE INC   2019-09-26 2020-05-05
36. ZOETIS INC   2019-09-26 2020-05-05
14. MEDTRONIC PLC   2017-03-02 2020-05-05
50000. APPLE INC DTD 05/13/2015 2% 05/06/2020   2015-06-24 2020-05-06
100000. CHEVRON CORP 2.427% 06/24/20   2017-01-12 2020-06-24
17. ADOBE SYS INC   2018-11-30 2020-07-06
18. AUTODESK, INC. COMMON   2019-09-26 2020-07-06
69. BANK OF AMER CORP COMMON   2017-03-02 2020-07-06
6. CME GROUP INC   2020-04-09 2020-07-06
1734.486 HARDING LOEVNER INTL EQ-INST     2020-07-06
58. HOME DEPOT INCORPORATED   2016-10-06 2020-07-06
41. HONEYWELL INTERNATIONAL INC     2020-07-06
117. ISHARES TR S&P MIDCAP 400/BARRA GROWTH   2018-09-14 2020-07-06
444. CEF ISHARES TR S&P   2019-12-09 2020-07-06
8. LULULEMON ATHLETICA INC   2018-11-20 2020-07-06
4. MASTERCARD INC - CLASS A   2020-04-09 2020-07-06
15. MICROSOFT CORPORATION     2020-07-06
25. MICRON TECHNOLOGY INCORPORATED COMMON   2019-12-09 2020-07-06
51. NIKE INCORPORATED CLASS B   2019-09-26 2020-07-06
19. PAYPAL HOLDINGS INC   2018-08-01 2020-07-06
8. RAYTHEON TECHNOLOGIES CORP   2018-05-07 2020-07-06
18. RAYTHEON TECHNOLOGIES CORP   2019-12-09 2020-07-06
28. SALESFORCE COM INC   2018-11-30 2020-07-06
16. SAREPTA THERAPEUTICS INC   2018-05-07 2020-07-06
10. STARBUCKS CORPORATIONS COMMON   2019-12-09 2020-07-06
44. T-MOBILE US INC RT EXP 07/31/2020   2016-05-25 2020-07-06
18. THERMO ELECTRON COMMON   2018-11-20 2020-07-06
178. UNILEVER N V NY SHS NEW F     2020-07-06
1506.273 VANGUARD DEVELOPED MKTS INDEX -127   2018-09-14 2020-07-06
356.717 VANGUARD DEVELOPED MKTS INDEX -127   2019-10-01 2020-07-06
15. VISA INC   2017-04-17 2020-07-06
32. WAL MART STORES INCORPORATED   2019-09-26 2020-07-06
22. WASTE MANAGEMENT INC NEW   2020-04-09 2020-07-06
49. APTIV PLC     2020-07-06
30. CROWDSTRIKE HOLDINGS INC CL A   2020-04-09 2020-09-01
25. ALPHABET INC CL C     2020-12-07
782. APPLE COMPUTER CORPORATION COMMON     2020-12-07
11. AUTODESK, INC. COMMON   2019-09-26 2020-12-07
58. BOK FINANCIAL CORPORATION   2019-12-09 2020-12-07
33. BIOMARIN PHARMACEUTICAL INC   2020-07-06 2020-12-07
10. BOSTON SCIENTIFIC   2018-11-30 2020-12-07
19. CADENCE DESIGN SYSTEMS INC   2020-04-09 2020-12-07
14. GW PHARMACEUTICALS SPONS ADR     2020-12-07
1625.347 HARDING LOEVNER INTL EQ-INST   2017-04-17 2020-12-07
76. INTERCONTINENTAL EXCHANGE INC   2016-12-05 2020-12-07
1044. ISHARES TR S&P MIDCAP 400/BARRA GROWTH     2020-12-07
4125.563 LAZARD EMERGING MARKETS FD INSTL CL     2020-12-07
182. MICROSOFT CORPORATION     2020-12-07
40. NOVARTIS AG   2017-03-02 2020-12-07
10. PALO ALTO NETWORKS INC   2020-07-06 2020-12-07
115. PHILLIPS 66     2020-12-07
65. PROGESSIVE CORP., OHIO COMMON     2020-12-07
17. SAREPTA THERAPEUTICS INC   2018-05-07 2020-12-07
2900.668 VANGUARD DEVELOPED MKTS INDEX -127   2018-09-14 2020-12-07
10. VERISIGN INC COMMON   2019-12-09 2020-12-07
3. ASML HOLDING NV SPONS ADR   2020-04-09 2020-12-07
50000. VISA INC DTD 12/14/2015 2.2% 12/14/2020   2016-03-15 2020-12-14
.35 COMMERCE BANCSHARES, INC.   2019-12-09 2020-12-31
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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(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 100,000   100,000  
b 117   161 -44
c 392   430 -38
d 2,403   2,623 -220
e 11,775   8,454 3,321
2,626   3,080 -454
1,077   987 90
190   245 -55
9,190   9,881 -691
1,458   1,878 -420
43   63 -20
11,553   9,023 2,530
2,100   2,172 -72
1,493   1,495 -2
2,374   6,116 -3,742
5,731   6,193 -462
1,179   1,706 -527
3,300   4,231 -931
102,951   99,036 3,915
3,421   2,291 1,130
1,529   1,396 133
654   649 5
2,365   2,382 -17
4,659   4,548 111
1,366   1,153 213
50,000   49,693 307
100,000   100,000  
7,681   4,255 3,426
4,401   2,690 1,711
1,635   1,752 -117
996   1,131 -135
40,917   36,836 4,081
14,380   7,505 6,875
6,030   4,258 1,772
26,528   27,751 -1,223
30,333   36,599 -6,266
2,507   993 1,514
1,219   1,084 135
3,155   1,288 1,867
1,265   1,166 99
5,083   4,696 387
3,329   1,592 1,737
503   559 -56
1,132   1,675 -543
5,516   4,010 1,506
2,616   1,454 1,162
753   864 -111
9   14 -5
6,873   4,197 2,676
9,558   10,277 -719
19,356   20,636 -1,280
4,584   4,666 -82
2,955   1,335 1,620
3,796   3,790 6
2,310   2,220 90
3,807   3,838 -31
4,261   1,763 2,498
45,297   18,671 26,626
96,946   14,812 82,134
3,068   1,644 1,424
4,094   4,912 -818
2,573   4,194 -1,621
342   377 -35
2,260   1,369 891
1,847   1,770 77
44,778   32,052 12,726
8,390   4,386 4,004
72,776   60,872 11,904
72,940   57,992 14,948
38,864   16,406 22,458
3,657   2,642 1,015
3,035   2,351 684
7,724   9,358 -1,634
5,839   4,023 1,816
2,516   1,545 971
43,278   39,739 3,539
2,044   1,892 152
1,407   842 565
50,000   50,000  
23   22 1
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
      76
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        
b       -44
c       -38
d       -220
e       3,321
      -454
      90
      -55
      -691
      -420
      -20
      2,530
      -72
      -2
      -3,742
      -462
      -527
      -931
      3,915
      1,130
      133
      5
      -17
      111
      213
      307
       
      3,426
      1,711
      -117
      -135
      4,081
      6,875
      1,772
      -1,223
      -6,266
      1,514
      135
      1,867
      99
      387
      1,737
      -56
      -543
      1,506
      1,162
      -111
      -5
      2,676
      -719
      -1,280
      -82
      1,620
      6
      90
      -31
      2,498
      26,626
      82,134
      1,424
      -818
      -1,621
      -35
      891
      77
      12,726
      4,004
      11,904
      14,948
      22,458
      1,015
      684
      -1,634
      1,816
      971
      3,539
      152
      565
       
      1
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 208,557
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 3,486
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 3,486
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 3,486
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,248
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 3,492
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,740
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,254
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,254 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletVA
    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 ofbulletBRANCH BANKING AND TRUST Telephone no.bullet (540) 665-4345

    Located atbullet115 N CAMERON STWINCHESTERVA ZIP+4bullet22601
    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
    BRANCH BANKING AND TRUST TRUSTEE
    12     		46,790    
    115 N CAMERON ST
    WINCHESTER,VA22601
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,966,338
    b
    Average of monthly cash balances.......................
    1b
    121,923
    c
    Fair market value of all other assets (see instructions)................
    1c
    107,696
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,195,957
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    4,195,957
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    62,939
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,133,018
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    206,651
    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
    206,651
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,486
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,486
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    203,165
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    203,165
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    203,165
    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
    223,395
    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
    223,395
    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
    223,395
    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 7 203,165
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 198,212
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 223,395
    a Applied to 2019, but not more than line 2a 198,212
    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..... 25,183
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		177,982
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    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).)
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    CONGREGATIONAL COMMUNITY ACTION
    PROGRAM OF WINCHESTER
    PO BOX 2112
    WINCHESTER,VA22604     		NONE PC GENERAL 40,000
    BLUE RIDGE AREA FOOD BANK
    ATTN MICHAEL MCKEE CEO
    VERONA,VA24482     		NONE PC GENERAL 40,000
    1ST BAPTIST CHURCH OF WINCHESTER
    ATTN JOHN D BEAVERS TREASURER
    205 WEST PICCADILLY ST
    WINCHESTER,VA22601     		NONE PC GENERAL 40,000
    FREE MEDICAL CLINIC OF WINC
    ATTN KATRINA MCCLURE
    301 N CAMERON ST - SUITE 100
    WINCHESTER,VA22601     		NONE PC GENERAL 40,000
    ADULT CARE CENTER OF THE
    NORTHERN SHENANDOAH VALLEY
    115 WOLFE STREET
    WINCHESTER,VA22601     		NONE PC GENERAL 40,000
    Total .................................bullet 3a 200,000
    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 3,578  
    4 Dividends and interest from securities....     14 62,840  
    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 ............     		    18 208,557  
    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)..   274,975  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    274,975
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    DULANEY FA AND JF CHAR
    EIN:
    54-6487683
    Name of Bond End of Year Book Value End of Year Fair Market Value
    02665WCJ8 AMERICAN HONDA FINAN 104,179 107,703
    06406FAD5 BANK OF NY MELLON CO 100,304 104,754
    06406RAA5 BANK OF NY MELLON CO 49,827 51,185
    084670BQ0 BERKSHIRE HATHAWAY I 100,163 100,217
    24422ERM3 JOHN DEERE CAPITAL C 75,481 77,233
    25468PCW4 WALT DISNEY COMPANY/ 75,824 77,882
    26442CAQ7 DUKE ENERGY CAROLINA 75,545 78,274
    26442UAA2 DUKE ENERGY PROGRESS 111,152 111,473
    369550AW8 GENERAL DYNAMICS COR 49,518 51,853
    427866BC1 HERSHEY DTD 10/31/20 105,714 105,805
    437076BL5 HOME DEPOT INC DTD 0 50,023 50,130
    46625HJE1 JPMORGAN CHASE & CO 50,654 52,586
    637432MQ5 NATIONAL RURAL UTILI 49,664 51,138
    74456QBC9 PUBLIC SERV ELEC & G 75,947 78,350
    857477AV5 STATE STREET CORP DT 24,853 25,167
    87236YAD0 TD AMERITRADE HOLDIN 80,004 83,418
    872539AA9 TJX COS INC DTD 06/0 100,299 100,693
    872540AR0 TJX COMPANIES DTD 04 110,827 111,649
    87612EAZ9 TARGET CORP DTD 01/1 100,780 102,764
    89236TCZ6 TOYOTA MOTOR CREDIT 99,536 100,422
    89236TEC5 TOYOTA MOTOR CREDIT 73,701 77,336
    78015K7C2 ROYAL BANK OF CANADA 52,701 53,191
    822582CC4 SHELL INTERNATIONAL 52,588 52,687
    89114QCA4 TORONTO DOMINION BAN 101,967 107,152
    961214DU4 WESTPAC BANKING CORP 124,391 125,176

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    DULANEY FA AND JF CHAR
    EIN:
    54-6487683
    Name of Stock End of Year Book Value End of Year Fair Market Value
    00287Y109 ABBVIE INC COMMON 3,361 3,429
    00724F101 ADOBE SYSTEM INC COM 13,489 71,517
    007903107 ADVANCED MICRO DEVIC 9,742 9,538
    009158106 AIR PRODUCTS AND CHE 3,827 7,104
    016255101 ALIGN TECHNOLOGY INC 5,176 5,344
    02079K107 ALPHABET INC -CL C C 24,627 70,075
    021ESC017 ESCROW ALTEGRITY INC 1 684
    023135106 AMAZON.COM INC COMMO 22,171 110,736
    03076C106 AMERIPRISE FINANCIAL 10,103 15,158
    031162100 AMGEN INC COMMON 11,592 18,164
    03662Q105 ANSYS INC COMMON 12,169 26,557
    037833100 APPLE INC COMMON 5,879 65,018
    058498106 BALL CORPORATION COM 4,303 5,311
    060505104 BANK OF AMERICA CORP 9,931 12,730
    101137107 BOSTON SCIENTIFIC CO 9,144 9,491
    125523100 CIGNA CORP COMMON 3,157 3,539
    12572Q105 CME GROUP INC COMMON 5,128 5,097
    127097103 CABOT OIL AND GAS 8,311 8,352
    14040H105 CAPITAL ONE FINANCIA 10,671 11,368
    169656105 CHIPOTLE MEXICAN GRI 5,380 5,547
    172908105 CINTAS CORPORATION C 4,517 8,483
    191216100 THE COCA-COLA CO COM 12,471 15,520
    200525103 COMMERCE BANCSHARES, 5,622 5,979
    22052L104 CORTEVA INC COMMON 11,478 16,185
    22160N109 COSTAR GROUP INC 3,620 4,621
    22822V101 CROWN CASTLE INTL CO 5,928 7,004
    229899109 CULLEN/FROST BANKERS 5,777 5,321
    235851102 DANAHER CORP COMMON 34,327 64,865
    252131107 DEXCOM INC COMMON 2,225 3,697
    254687106 THE WALT DISNEY COMP 2,146 2,537
    26142R104 DRAFTKINGS INC COM C 3,601 3,492
    28414H103 ELANCO ANIMAL HEALTH 18,232 19,046
    29472R108 EQUITY LIFESTYLES PR 4,896 6,336
    30303M102 FACEBOOK INC-A COMMO 11,658 33,872
    31620M106 FIDELITY NATL INFO S 9,499 10,044
    337738108 FISERV COMMON 2,302 2,277
    369550108 GENERAL DYNAMICS COM 9,648 10,269
    40131M109 GUARDANT HEALTH INC 2,043 3,093
    444859102 HUMANA INC COMMON 4,802 4,923
    461202103 INTUIT INC COMMON 7,223 8,737
    46625H100 JPMORGAN CHASE & CO 14,101 19,569
    512807108 LAM RESEARCH CORP CO 4,163 13,696
    517834107 LAS VEGAS SANDS CORP 6,127 6,198
    526057104 LENNAR CORP COMMON 13,402 19,439
    526057302 LENNAR CORP CLASS B 163 245
    536797103 LITHIA MOTORS INC CL 2,347 2,341
    548661107 LOWE'S COS INC COMMO 10,981 15,890
    573284106 MARTIN MARIETTA MATE 10,969 14,199
    58733R102 MERCADOLIBRE INC COM 6,320 6,701
    594918104 MICROSOFT CORP COMMO 12,204 103,425
    595017104 MICROCHIP TECHNOLOGY 10,587 20,026
    595112103 MICRON TECHNOLOGY IN 4,908 5,112
    617446448 MORGAN STANLEY COMMO 1,319 3,015
    64110L106 NETFLIX INC COMMON 1,361 5,948
    654106103 NIKE INC CLASS B 2,578 3,961
    67066G104 NVIDIA CORP COMMON 9,021 20,888
    688239201 OSHKOSH TRUCK B CL B 10,014 12,308
    693475105 PNC FINANCIAL SERVIC 13,776 19,817
    693718108 PACCAR INC COMMON 2,926 2,934
    701094104 PARKER HANNIFIN CORP 9,281 15,255
    70450Y103 PAYPAL HOLDINGS INC 10,517 48,948
    72352L106 PINTEREST INC CL A 5,477 8,633
    742718109 PROCTER & GAMBLE CO 20,707 21,010
    747525103 QUALCOMM INC COMMON 36,235 45,093
    749685103 RPM INC COMMON 20,802 21,787
    75513E101 RAYTHEON TECHNOLOGIE 2,985 2,932
    76680R206 RINGCENTRAL INC -CLA 1,221 2,274
    78409V104 S&P GLOBAL INC COMMO 4,280 8,547
    79466L302 SALESFORCE.COM INC I 5,991 25,368
    81762P102 SERVICENOW INC COMMO 2,849 6,055
    824348106 SHERWIN-WILLIAMS CO 3,949 7,349
    855244109 STARBUCKS CORP COMMO 5,860 6,205
    866674104 SUN CMNTYS INC COM 4,919 7,294
    871829107 SYSCO CORPORATION CO 2,097 2,896
    872590104 T-MOBILE US INC COMM 17,142 24,138
    87612E106 TARGET CORP COMMON 2,751 2,824
    88160R101 TESLA MOTORS, INC. C 2,643 7,057
    893641100 TRANSDIGM GROUP INC 6,916 8,045
    90138F102 TWILIO INC - A COMMO 3,302 4,739
    90184L102 TWITTER INC COMMON 11,558 19,981
    902494103 TYSON FOODS INC INC. 10,232 7,604
    90353T100 UBER TECHNOLOGIES IN 6,689 6,324
    907818108 UNION PACIFIC CORP C 4,109 7,079
    91324P102 UNITEDHEALTH GROUP I 7,763 16,131
    92532F100 VERTEX PHARMACEUTICA 3,893 8,508
    92826C839 VISA INC CLASS A SHA 14,213 37,622
    983793100 XPO LOGISTICS INC CO 3,820 3,814
    98419M100 XYLEM INC COMMON 10,973 16,083
    01609W102 ALIBABA GROUP HOLDIN 16,840 26,764
    66987V109 NOVARTIS A G ADR 7,617 10,576
    835699307 SONY CORPORATION AME 9,366 19,512
    874039100 TAIWAN SEMICONDUCTOR 7,981 8,178
    94106B101 WASTE CONNECTIONS IN 2,041 2,257
    G0176J109 ALLEGION PUB LTD CO 9,778 11,056
    G46188101 HORIZON THERAPEUTICS 2,099 2,195
    G51502105 JOHNSON CONTROLS INT 8,974 11,974
    G5960L103 MEDTRONIC PLC COMMON 14,714 20,617
    H01301128 ALCON INC 5,726 6,928
    H1467J104 CHUBB LIMITED PROSPE 9,075 10,005
    N6596X109 NXP SEMICONDUCTORS N 8,127 11,926

    TY 2020 InvestmentsOtherSchedule2
    Name:
    DULANEY FA AND JF CHAR
    EIN:
    54-6487683
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    00143W859 INVESCO OPPENHEIMER AT COST 58,150 92,386
    412295107 HARDING LOEVNER INTE AT COST 118,803 171,216
    921943809 VANGUARD DEVELOPED M AT COST 150,729 168,835
    464287507 ISHARES S&P MIDCAP 4 AT COST 80,141 91,013
    464287606 ISHARES S&P MIDCAP 4 AT COST 70,425 91,864
    464287804 ISHARES S&P SMALLCAP AT COST 144,571 160,090

    TY 2020 OtherAssetsSchedule
    Name:
    DULANEY FA AND JF CHAR
    EIN:
    54-6487683
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    MN0021978 MORTGAGE NOTE OF WIL   104,799 104,799


    TY 2020 OtherDecreasesSchedule
    Name:
    DULANEY FA AND JF CHAR
    EIN:
    54-6487683
    Description Amount
    2020 TRANSACTION POSTED IN 2021 73


    TY 2020 OtherExpensesSchedule
    Name:
    DULANEY FA AND JF CHAR
    EIN:
    54-6487683
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSE (NON-DEDUCTIBLE 18 18   0


    TY 2020 OtherIncreasesSchedule
    Name:
    DULANEY FA AND JF CHAR
    EIN:
    54-6487683
    Description Amount
    ACCRUED INTEREST PAID CARRYOVER 1,306
    MUTUAL FUND TIMING DIFFERENCE 76
    2019 SALES SETTLED IN 2020 4,462
    2019 TRANSACTION POSTED IN 2020 373
    COST BASIS ADJUSTMENT 21


    TY 2020 TaxesSchedule
    Name:
    DULANEY FA AND JF CHAR
    EIN:
    54-6487683
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 112 112   0
    FEDERAL ESTIMATES - PRINCIPAL 582 0   0
    FOREIGN TAXES ON QUALIFIED FOR 509 509   0
    FOREIGN TAXES ON NONQUALIFIED 66 66   0