Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE WI & INEZ DAVIS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 2077
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CENTER, TX75935
A Employer identification number

75-2574976
B Telephone number (see instructions)

(936) 598-9330
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$4,022,141J 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 19,536 19,536  
4 Dividends and interest from securities... 88,508 88,508  
5a Gross rents............ 54,000 54,000  
b Net rental income or (loss) 44,992
6a Net gain or (loss) from sale of assets not on line 10 29,494
b Gross sales price for all assets on line 6a 813,181
7 Capital gain net income (from Part IV, line 2)... 29,494
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 191,538 191,538  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,580 0   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 320 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 9,008 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 388 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 13,296 0   0
25 Contributions, gifts, grants paid....... 173,214 173,214
26 Total expenses and disbursements. Add lines 24 and 25 186,510 0   173,214
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,028
b Net investment income (if negative, enter -0-) 191,538
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......... 24,356 28,930 29,930
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 5,000 5,000  
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 869,667 Click to see attachment912,280 762,875
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet425,000
Less: accumulated depreciation (attach schedule) bullet54,140 379,868 Click to see attachment370,860 425,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,262,384 Click to see attachment2,213,443 2,804,336
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) 3,541,275 3,530,513 4,022,141
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........ 3,541,275 3,530,513
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 3,541,275 3,530,513
30 Total liabilities and net assets/fund balances (see instructions). 3,541,275 3,530,513
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
3,541,275
2
Enter amount from Part I, line 27a .....................
2
5,028
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,546,303
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
15,790
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,530,513
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 ALASKA AIR GROUP INC P 2019-09-20 2020-03-24
b AUTOLIVE INC P 2019-08-15 2020-04-06
c PUTNAM ULTRA SHORT P 2019-05-17 2020-01-03
d CARRIER GLOBAL CORP P 2013-11-21 2020-08-20
e CLOROX CO P 2013-11-21 2020-04-06
EATON VANCE CORP P 2013-11-21 2020-10-12
EXXON MOBIL CORP P 2013-11-21 2020-08-20
MICROSOFT CORP P 2013-11-21 2020-01-13
OTIS WORLDWIDE P 2013-11-21 2020-08-20
POLARIS INC P 2014-10-10 2020-08-20
SYSCO CORP P 2013-11-21 2020-08-20
BGC PARTNERS INC P 2019-08-15 2020-04-15
BOK FINL CORP P 2019-05-06 2020-03-19
CANTEL MEDIA CORP P 2020-02-21 2020-05-18
WELLS FARGO P 2020-07-01 2020-07-24
WELLS FARGO FUNDS P 2020-07-24 2020-12-11
AT&T INC P 2015-06-22 2020-06-29
ANHEUSER-BUSCH P 2015-06-15 2020-12-16
CHEVRON CORP P 2013-12-05 2020-06-24
DELEK US HLDGS P 2020-02-05 2020-06-08
HOPE BANCORP P 2019-05-06 2020-03-10
INTER PARFUMS P 2019-10-14 2020-04-30
NEWMARK GRP INC P 2019-11-12 2020-04-29
PHIBRO ANIMAL HEALTH P 2020-03-11 2020-12-03
PREFFERED BANK P 2020-01-31 2020-11-09
STORE CAPITAL CORP P 2019-05-31 2020-05-08
UNITIL CORP P 2020-04-28 2020-11-09
VERMILION ENERGY P 2020-02-05 2020-03-24
NVENT ELECTRIC P 2019-10-04 2020-02-07
ACUSHNET HOLDINGS P 2017-05-09 2020-04-28
AGREE REALTY P 2017-03-01 2020-02-07
ALASKA AIR GROUP INC P 2018-02-08 2020-03-24
ALLIANT ENERGY P 2018-06-15 2020-03-10
AUTOLIVE INC P 2018-12-04 2020-04-06
BGC PARTNERS INC P 2019-01-02 2020-04-15
BOK FINL CORP P 2017-03-01 2020-03-19
BANK OZK P 2017-03-01 2020-02-07
BROADRIDGE FINANCIAL P 2017-04-26 2020-10-19
CATHAY GENERAL BANCORP P 2019-01-28 2020-02-07
CRANE COMPANY P 2017-03-01 2020-02-07
CYRUSONE INC P 2018-07-02 2020-04-30
DELEK US HLDGS P 2019-06-07 2020-06-08
EPR PPTYS P 2018-05-21 2020-03-25
ENERGIZER HLDGS P 2018-02-05 2020-02-07
FOUR CORNERS PROPERTY P 2018-07-26 2020-02-07
FULLER H B CO P 2017-11-15 2020-04-03
HASBRO INC P 2017-03-01 2020-10-02
HAWAIIAN HOLDINGS P 2019-01-31 2020-03-24
HOPE BANCORP P 2018-12-14 2020-03-10
HUNTSMAN CORP P 2017-03-01 2020-10-19
INGREDION INCORP P 2017-03-01 2020-02-07
KULICKE & SOFFA IND P 2019-09-20 2020-12-31
LEIDOS HOLDINGS P 2017-03-01 2020-10-19
LEMAITRE VASCULAR P 2019-11-21 2020-12-11
LITTLEFUSE INC P 2017-03-01 2020-07-15
MKS INSTRUMENTS INC P 2018-05-21 2020-08-11
MEDICAL PROPERTIES TRUST IN P 2017-03-01 2020-10-19
NATIONAL RETAIL PPTYS P 2019-05-06 2020-05-27
NEWMARK GRP INC P 2019-03-18 2020-04-29
NORDSON CORP P 2017-03-01 2020-04-28
PNM RESOURCES P 2017-03-01 2020-11-02
PACWEST BANCORP P 2019-08-15 2020-10-19
PHIBRO ANIMAL HEALTH P 2019-11-25 2020-12-03
SNAP-ON INC P 2017-03-01 2020-02-07
SPIRE INC P 2019-10-02 2020-12-08
TARGA RESOURCES P 2017-03-01 2020-02-07
TELEFLEX INCORP P 2017-03-01 2020-02-21
VERMILION ENERGY P 2019-02-07 2020-03-24
WASHINGTON TR BANCORP P 2017-03-01 2020-02-07
JOHN WILEY & SONS P 2019-10-08 2020-10-19
ASSURED GURANTY P 2018-03-06 2020-02-07
JAMES RIVER GRP P 2017-09-13 2020-02-07
STERIS PLC P 2017-03-01 2020-03-26
BANCO LATINOAMERICANO P 2017-05-22 2020-03-30
AMERICAN EXPRESS P 2019-07-23 2020-04-17
AMGEN INC P 2020-04-24 2020-12-04
AUTOMATIC DATA PROCESSING P 2020-04-17 2020-04-24
FIDELITY NATIONAL P 2020-06-09 2020-07-23
INTERCONTINENTAL EXCHANGE P 2019-09-05 2020-08-24
INVESCO TR P 2020-04-17 2020-09-25
ISHARES ETF P 2019-05-15 2020-04-17
ISHARES ETF P 2019-05-15 2020-04-17
KINDER MORGAN P 2019-09-09 2020-04-17
ELI LILLY & CO P 2020-08-24 2020-12-04
MASTERCARD INC P 2020-04-17 2020-06-09
MERCK & CO P 2019-05-15 2020-03-02
PAYPAL HOLDINGS P 2019-05-15 2020-04-24
PROGRESSIVE CORP P 2020-06-09 2020-09-25
PUTNAM ULTRA SHORT P 2020-08-03 2020-08-24
SECTOR SPDR TR P 2020-03-02 2020-08-24
SELECT SECTOR SPDR P 2019-05-15 2020-01-29
STARBUCKS CORP P 2020-06-09 2020-08-24
UNION PACIFIC P 2020-04-17 2020-04-24
US TREASURY NOTES P 2019-09-09 2020-06-09
US TREASURY NOTES P 2019-09-09 2020-06-09
VANGUARD LONG TERM P 2019-07-24 2020-03-02
VERTEX PHARMACEUTICALS P 2020-09-25 2020-12-04
WEC ENERGY GROUP P 2020-08-24 2020-09-25
WALMART INC P 2019-05-15 2020-03-02
WASTE MGMT INC P 2019-09-05 2020-03-02
AMAZON INC P 2018-12-14 2020-01-29
AMERICAN TOWER P 2019-10-31 2020-12-04
CISCO SYSTEM P 2019-05-15 2020-09-25
COSTCO WHSL CORP P 2018-04-23 2020-01-29
INVESCO TR P 2019-05-15 2020-09-25
ISHARES ETF P 2018-12-14 2020-11-04
ISHARES ETF P 2018-08-07 2020-04-17
ISHARES ETF P 2017-11-20 2020-08-03
ISHARES ETF P 2019-07-23 2020-11-04
JP MORGAN CHASE P 2019-05-15 2020-07-23
MASTERCARD INC P 2019-03-19 2020-06-09
MCDONALDS CORP P 2019-07-23 2020-09-25
PAYPAL HOLDINGS P 2019-04-10 2020-04-24
PROGRESSIVE CORP P 2019-07-24 2020-09-25
PUTNAM ULTRA SHORT P 2019-08-01 2020-08-24
ROSS STORES P 2019-05-15 2020-07-23
SPDR S&P 500 P 2019-02-22 2020-11-04
SELECT SECTOR SPDR P 2019-05-15 2020-07-23
STARBUCKS CORP P 2019-07-24 2020-08-24
US TREASURY NOTES P 2019-05-15 2020-06-09
VANGUARD LONG TERM P 2019-05-15 2020-09-25
VISA INC P 2019-05-15 2020-06-09
WALMART INC P 2019-02-22 2020-03-02
AT&T INC P 2012-08-29 2020-07-23
AMGEN INC P 2012-12-27 2020-12-16
GOLDMAN SACHS GRP P 2012-12-27 2020-03-16
SOUTHERN COPPER P 2012-12-27 2020-04-16
AMGEN INC P 2019-01-01 2020-03-22
ISHARES ETF P 2019-03-19 2020-04-17
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 57   130 -73
b 235   344 -109
c 2,578   2,578 0
d 1,191   838 353
e 1,950   1,022 928
3,950   2,785 1,165
2,898   6,657 -3,759
3,236   748 2,488
1,268   1,173 95
4,208   5,497 -1,289
7,651   4,461 3,190
142   261 -119
78   176 -98
309   628 -319
171,267   171,274 -7
99,993   100,000 -7
51,937   50,467 1,470
52,405   49,380 3,025
50,000   49,907 93
461   812 -351
98   144 -46
179   285 -106
151   377 -226
377   480 -103
380   602 -222
319   512 -193
271   478 -207
47   306 -259
27   19 8
162   119 43
77   48 29
825   2,307 -1,482
2,074   1,469 605
1,424   2,688 -1,264
993   2,286 -1,293
747   929 -182
28   57 -29
430   210 220
37   37 0
88   75 13
861   781 80
442   1,220 -778
891   1,984 -1,093
53   53 0
31   25 6
310   659 -349
166   196 -30
387   1,380 -993
348   445 -97
519   485 34
90   122 -32
2,219   1,989 230
1,108   654 454
313   310 3
474   499 -25
853   715 138
643   442 201
655   868 -213
678   1,639 -961
162   124 38
498   364 134
1,432   3,763 -2,331
72   97 -25
157   173 -16
192   256 -64
38   50 -12
766   391 375
176   2,764 -2,588
49   55 -6
412   561 -149
94   70 24
43   39 4
126   71 55
630   1,619 -989
3,499   5,238 -1,739
4,579   4,645 -66
3,008   3,488 -480
3,905   3,583 322
5,482   4,909 573
650   648 2
171   196 -25
1,664   1,657 7
1,854   2,511 -657
4,149   4,276 -127
2,482   2,150 332
5,691   5,792 -101
232   223 9
1,470   1,296 174
14,122   14,106 16
476   367 109
6,513   5,803 710
1,259   1,254 5
4,207   4,554 -347
10,200   10,050 150
3,039   3,004 35
15,629   13,360 2,269
2,513   2,971 -458
3,509   3,532 -23
230   200 30
2,556   2,661 -105
9,311   7,953 1,358
4,746   4,528 218
4,812   4,338 474
3,097   1,928 1,169
4,621   5,197 -576
20,485   14,323 6,162
4,437   5,493 -1,056
8,206   7,802 404
5,387   5,427 -40
7,288   3,516 3,772
2,172   1,622 550
5,794   5,771 23
5,913   5,478 435
3,308   2,957 351
3,147   3,136 11
5,764   3,942 1,822
5,834   4,655 1,179
6,968   6,543 425
3,226   3,340 -114
19,248   19,056 192
33,723   30,007 3,716
8,778   5,970 2,808
5,639   4,897 742
7,288   7,355 -67
4,273   4,809 -536
7,000   8,070 -1,070
6,000   6,941 -941
887   887 0
7,876   7,843 33
14,428     14,428
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       -73
b       -109
c       0
d       353
e       928
      1,165
      -3,759
      2,488
      95
      -1,289
      3,190
      -119
      -98
      -319
      -7
      -7
      1,470
      3,025
      93
      -351
      -46
      -106
      -226
      -103
      -222
      -193
      -207
      -259
      8
      43
      29
      -1,482
      605
      -1,264
      -1,293
      -182
      -29
      220
      0
      13
      80
      -778
      -1,093
      0
      6
      -349
      -30
      -993
      -97
      34
      -32
      230
      454
      3
      -25
      138
      201
      -213
      -961
      38
      134
      -2,331
      -25
      -16
      -64
      -12
      375
      -2,588
      -6
      -149
      24
      4
      55
      -989
      -1,739
      -66
      -480
      322
      573
      2
      -25
      7
      -657
      -127
      332
      -101
      9
      174
      16
      109
      710
      5
      -347
      150
      35
      2,269
      -458
      -23
      30
      -105
      1,358
      218
      474
      1,169
      -576
      6,162
      -1,056
      404
      -40
      3,772
      550
      23
      435
      351
      11
      1,822
      1,179
      425
      -114
      192
      3,716
      2,808
      742
      -67
      -536
      -1,070
      -941
      0
      33
      14,428
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 29,494
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 2,662
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 2,662
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 2,662
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,015
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,015
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 10 353
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet353 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    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 addressbulletN/A
    14
    The books are in care ofbulletKELLE WILLIAMS Telephone no.bullet (936) 598-9330

    Located atbullet45 PORTER STCENTERTX ZIP+4bullet75935
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........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
    CYNTHIA D GRIFFIN DEC'D 103120 CO-TRUSTEE
    0.00     		0 0 0
    PO BOX 2077
    CENTER,TX75935
    NEILSON DAVIS CO-TRUSTEE
    0.50     		0 0 0
    PO BOX 352
    CENTER,TX75935
    GUY W GRIFFIN CO-TRUSTEE
    0.50     		0 0 0
    PO BOX 2077
    CENTER,TX75935
    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 LEASE QUALITY FACILITIES TO TWO OTHER 501(C)(3) ORGANIZATIONS FOR NOMINAL AMOUNTS PER REGS. SECTION 53.4942(A)-2(C)(3)(11)(F) 54,000
    2 CONTRIBUTIONS TO OTHER QUALIFYING 501(C)(3) ORGANIZATIONS TO SUPPORT THEIR CHARITABLE PURPOSES. 119,214
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,374,459
    b
    Average of monthly cash balances.......................
    1b
    18,098
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,392,557
    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
    3,392,557
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    50,888
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,341,669
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    167,083
    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
    167,083
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,662
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,662
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    164,421
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    164,421
    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
    164,421
    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
    173,214
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    173,214
    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
    173,214
    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 7 164,421
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 172,589
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 173,214
    a Applied to 2019, but not more than line 2a 172,589
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		Click to see attachment0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 625
    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 ..........     		163,796
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    COMMUNITY CHRISTIAN SERVICES
    270 CR 3590
    JOAQUIN,TX75954     		  PC TO SUPPORT MINISTRY SERVICES 6,000
    COURT APPOINTED SPECIAL ADVOCATES (CASA) OF DEEP EAST TEXAS
    PO BOX 1299
    CENTER,TX75935     		  PC TO SUPPORT ADVOCACY IN COURT FOR ABUSED CHILDREN 13,500
    HUXLEY VOLUNTEER FIRE DEPARTMENT
    PO BOX 226
    SHELBYVILLE,TX75973     		  PF TO SUPPORT HUXLEY FIRE DEPARTMENT 10,000
    LYDIA BAPTIST CHURCH
    FM 139
    SHELBYVILLE,TX75973     		  PC TO SUPPORT MINISTRY SERVICES 6,000
    SHELBY COUNTY CHILDREN'S ADVOCACY CENTER
    131 TENAHA STREET
    CENTER,TX75935     		  PC TO SUPPORT ABUSED CHILDREN IN FURTHERANCE OF THEIR CHARITABLE MISSION 40,500
    SHELBY COUNTY OUTREACH
    906 SHELBYVILLE STREET
    CENTER,TX75935     		  PC TO SUPPORT THE THE COMMUNITY OF SHELBY COUNTY. 6,000
    CHRISTUS FOUNDATION SHREVEPORT-BOSSIER
    7591 FERN AVENUE SUITE 1903
    SHREVEPORT,LA71105     		  PF TO SUPPORT ONCOLOGY CARE TO PATIENTS. 15,000
    SHELBYVILLE ISD SCHOLARSHIP FUND
    343 FM 417 E
    SHELBYVILLE,TX75973     		  PF TO SUPPORT SHELBYVILLE ISD SCHOLARSHIP FUND 24,600
    SHELBYVILLE VOLUNTEER FIRE DEPARTMENT
    140 CR 2064
    SHELBYVILLE,TX75973     		  PF TO SUPPORT THE SHELBYVILLE FIRE DEPARTMENT 10,000
    METHODIST CHILDREN'S HOME
    1111 HERRING AVENUE
    WACO,TX76708     		  PC TO SUPPORT THE MINISTRIES TO OFFER HOPE TO CHILDREN AND YOUTH. 20,000
    FIRST UNITED METHODIST CHURCH
    131 PORTER STREET
    CENTER,TX75935     		  PC TO SUPPORT CHURCH MINISTRIES 10,000
    OPERATION BLUE SANTA
    PO BOX 322
    CENTER,TX75935     		  PC TO SUPPORT CHRISTMAS GIFTS TO CHILDREN LESS FORTUNATE. 6,000
    UNIVERSITY OF NORTH TEXAS
    1155 UNION CIRCLE 311277
    DENTON,TX76203     		  PF TO SUPPORT THE HIGHER EDUCATION OF DISADVANTAGED MINORITY STUDENT 5,614
    Total .................................bullet 3a 173,214
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 19,536  
    4 Dividends and interest from securities....     14 88,508  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property..... 531120       44,992
    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 29,494  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 137,538 44,992
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    182,530
    (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.)
    5 LEASE QUALITY FACILITIES TO TWO OTHER 501(C)(3) ORGANIZATIONS FOR NOMINAL AMOUNT PER REGS. SECTION 53.4942(A)-2(C)(3)(11)(F)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    THE WI & INEZ DAVIS FOUNDATION
    EIN:
    75-2574976
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    C.SCOTT MASSEY CPA, LLC 3,580 0   0

    TY 2020 AppliedToPriorYearElection
    Name:
    THE WI & INEZ DAVIS FOUNDATION
    EIN:
    75-2574976
    Election:
    THE FOUNDATION HEREBY ELECTS UNDER CODE SEC. 53.4942(A)-3(D)(2) TO APPLY PART OF THE REMAINING QUALIFYING DISTRIBUTIONS TO ANY UNDISTRIBUTED INCOME REMAINING FROM THE YEAR 2010.

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

    TY 2020 DepreciationSchedule
    Name:
    THE WI & INEZ DAVIS FOUNDATION
    EIN:
    75-2574976
    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
    OFFICE BUILDING 2015-12-16 330,000 34,201 SL 39.000000000000 8,462 0    
    FURNITURE AND FIXTURES 2015-12-16 12,500 4,681 200DB 7.000000000000 546 0    
    LAND 2015-12-16 82,500   L   0 0    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE WI & INEZ DAVIS FOUNDATION
    EIN:
    75-2574976
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CHEVRON CORP COMMON STOCK 912,280 762,875

    TY 2020 InvestmentsLandSchedule2
    Name:
    THE WI & INEZ DAVIS FOUNDATION
    EIN:
    75-2574976
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE BUILDING 330,000 42,663 287,337  
    FURNITURE AND FIXTURES 12,500 11,477 1,023  
    LAND 82,500 0 82,500  

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE WI & INEZ DAVIS FOUNDATION
    EIN:
    75-2574976
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    WELLS FARGO-8131 AT COST 924,137 1,231,392
    WELLS FARGO-4903 AT COST 933,492 979,529
    WELLS FARGO-7894 AT COST 263,437 483,805
    WELLS FARGO-3762 AT COST 92,377 109,610

    TY 2020 OtherDecreasesSchedule
    Name:
    THE WI & INEZ DAVIS FOUNDATION
    EIN:
    75-2574976
    Description Amount
    NONDEDUCTIBLE ADVISORY FEES 15,790


    TY 2020 OtherExpensesSchedule
    Name:
    THE WI & INEZ DAVIS FOUNDATION
    EIN:
    75-2574976
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK SERVICE CHARGES 232 0   0
    OFFICE EXPENSE 156 0   0


    TY 2020 TaxesSchedule
    Name:
    THE WI & INEZ DAVIS FOUNDATION
    EIN:
    75-2574976
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 320 0   0