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 BRATTON FAMILY FOUNDATION
 
% FREIDA GOODSELL
Number and street (or P.O. box number if mail is not delivered to street address)201 MAIN STREET SUITE 1900
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FORT WORTH, TX761023134
A Employer identification number

75-2513615
B Telephone number (see instructions)

(817) 390-8858
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$8,239,088
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,569 135  
4 Dividends and interest from securities... 158 80,755  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 0
b Gross sales price for all assets on line 6a 349,241
7 Capital gain net income (from Part IV, line 2)... 349,241
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)....... 384,121 -4,827  
12 Total. Add lines 1 through 11........ 386,848 425,304  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 12,605 12,605 0 0
c Other professional fees (attach schedule)....        
17 Interest...............   1,080    
18 Taxes (attach schedule) (see instructions)... 10,000      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,699      
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 175 40,177    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 27,479 53,862 0 0
25 Contributions, gifts, grants paid....... 384,738 384,738
26 Total expenses and disbursements. Add lines 24 and 25 412,217 53,862 0 384,738
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -25,369
b Net investment income (if negative, enter -0-) 371,442
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............. 190,034 1,041,118 1,041,118
2 Savings and temporary cash investments......... 748,837 76,414 76,414
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 8,276,369 Click to see attachment7,121,556 7,121,556
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) 9,215,240 8,239,088 8,239,088
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) Click to see attachment1,140 Click to see attachment1,140
23 Total liabilities (add lines 17 through 22)......... 1,140 1,140
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........ 2,972,529 2,972,529
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 6,241,571 5,265,419
29 Total net assets or fund balances (see instructions)..... 9,214,100 8,237,948
30 Total liabilities and net assets/fund balances (see instructions). 9,215,240 8,239,088
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
9,214,100
2
Enter amount from Part I, line 27a .....................
2
-25,369
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
9,188,731
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
950,783
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,237,948
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.)
1a
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 349,241
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 5,163
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 5,163
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,163
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 26,849
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 26,849
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 21,686
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet21,686 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 ofbulletFREIDA GOODSELL Telephone no.bullet (817) 673-1639

    Located atbullet201 MAIN STREET SUITE 1900FORT WORTHTX ZIP+4bullet76102
    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
     
    No
    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
     
    No
    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
    DOUGLAS K BRATTON PRESIDENT & TREASURER
    0
    0 0 0
    47 VALLEY RIDGE RD
    FORT WORTH,TX76107
    ANNE MARIE BRATTON VICE PRESIDENT & SECRETARY
    0
    0 0 0
    47 VALLEY RIDGE RD
    FORT WORTH,TX76107
    PHIL NULL DIRECTOR
    0
    0 0 0
    201 MAIN ST STE 1900
    FORT WORTH,TX76102
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NOT APPLICABLE  
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    971,207
    c
    Fair market value of all other assets (see instructions)................
    1c
    7,121,557
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,092,764
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    8,092,764
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    121,391
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,971,373
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    398,569
    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
    398,569
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    5,163
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,163
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    393,406
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    393,406
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    393,406
    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
    384,738
    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
    384,738
    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
    384,738
    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 7 393,406
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:2018, 2017, 2016 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016...... 19,032
    c From 2017......  
    d From 2018...... 155,610
    e From 2019......  
    fTotal of lines 3a through e........ 174,642
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 384,738
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2020 distributable amount..... 384,738
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 8,668 8,668
    (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 5 165,974
    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......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
     
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
     
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    165,974
    10 Analysis of line 9:
    a Excess from 2016.... 10,364
    b Excess from 2017....  
    c Excess from 2018.... 155,610
    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).)
    SEE ATTACHED STATEMENT
    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.
    NA
    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
    ARTISTS ASSOCIATION OF NANTUCKET
    ONE GARDNER PERRY LANE
    NANTUCKET,MA02554
    NO RELATIONSHIP PC PROMOTES ARTISTIC ENDEAVORS ON THE ISLAND THROUGH GALLERY SHOWINGS AND EDUCATIONAL PROGRAMS. 3,075
    Kimbell Art Museum
    3333 CAMP BOWIE BOULEVARD
    FORT WORTH,TX76107
    NO RELATIONSHIP POF FOR THE MAINTENANCE & APPRECIATION FOR ART DISPLAYED AT THE MUSEUM. 5,000
    Modern Art Museum Fort Worth
    3200 DARNELL STREET
    FORT WORTH,TX76107
    NO RELATIONSHIP PC FOR THE MAINTENANCE & APPRECIATION FOR ART DISPLAYED AT THE MUSEUM. 4,923
    Nantucket Historical Association
    PO BOX 1016
    NANTUCKET,MA02554
    NO RELATIONSHIP PC To support the organization to design and deliver engaging, artifact-based educational exhibitions, programs and activities pertaining to Nantucket history and its material culture. 17,750
    NANTUCKET COTTAGE HOSPITAL FOUNDATION
    57 PROSPECT STREET
    NANTUCKET,MA02554
    NO RELATIONSHIP PC In supoport to be the islands primary source of a full range of health and wellness services in the Nantucket community. 14,000
    DUKE UNIVERSITY
    DUKE UNIVERSITY
    DURHAM,NC27708
    NO RELATIONSHIP PC To 'provide real leadership in the educational world' by choosing individuals of 'outstanding character, ability, and vision' to serve as its officers, trustees and faculty; by carefully selecting students of 'character, determination and application;by pursuing those areas of teaching and scholarship that would 'most help to develop our resources, increase our wisdom, and promote human happiness.' 160,000
    THE GOODFELLOW FUND
    PO BOX 1870
    FORT WORTH,TX76101
    NO RELATIONSHIP PC THE FUND PROVIDES CLOTHING AND SHOES FOR UNDERPRIVLEGED TARRANT COUNTY SCHOOL-AGED CHILDREN DURING THE HOLIDAY SEASON. 2,500
    SIGMA PHI EPSILON EDUCATION
    310 S BOULEVARD
    RICHMOND,VA23220
    NO RELATIONSHIP PC TO SUPPORT LEADERSHIP PROGRAMS THAT PREPARE MEN FOR ROLES IN COLLEGE AND BEYOND, SCHOLARSHIPS THAT ENCOURAGE ACADEMIC ACHIEVEMENT, AND HOUSING PROJECTS THAT FOSTER EXCELLENCE. 250
    SOUTHWESTERN LIVESTOCK EXPO
    3400 BURNETT-TANDY DRIVE
    FORT WORTH,TX76107
    NO RELATIONSHIP PC TO FURTHER THE SHOW'S OBJECTIVE OF ENCOURAGING YOUNG PEOPLE TO PURSUE CAREERS IN LIVESTOCK AND AGRI-BUSINESS BY INCREASING PARTICIPATION IN THE YOUTH DIVISION OF THE STOCK SHOW. 500
    FORT WORTH ZOOLOGICAL ASSOCIATION
    1989 COLONIAL PKWY
    FORT WORTH,TX76110
    NO RELATIONSHIP PC TO STRENGTHEN THE BOND BETWEEN HUMANS AND THE ENVIRONMENT BY PROMOTING RESPONSIBLE STEWARDSHIP OF WILDLIFE & ENSURING DIVERSE, HIGH-QUALITY EDUCATIONAL AND ENTERTAINING FAMILY EXPERIENCES. 16,000
    NATIONAL COWGIRL MUSEUM AND HALL OF FAME
    1720 GENDY STREET
    FORT WORTH,TX76107
    NO RELATIONSHIP PC NATIONAL COWGIRL MUSEUM AND HALL OF FAME HONORS AND CELEBRATES WOMEN, PAST AND PRESENT, WHOSE LIVES EXEMPLIFY THE COURAGE, RESILIENCE AND INDEPENDENCE THAT HELPED SHAPE THE AMERICAN WEST. 500
    TEXAS BALLET THEATER
    1540 MALL CIRCLE
    FORT WORTH,TX76116
    NO RELATIONSHIP PC To create, present and tour world-class ballet, from classical to cutting-edge, and promote its appreciation, accessibility, and technical mastery among students, pre-professionals, and audiences of all ages. 25,000
    BOY SCOUTS OF AMERICA
    PO BOX 152079
    IRVING,TX75038
    NO RELATIONSHIP PC provide the nations foremost youth program of character development and values-based leadership training, which helps young people be Prepared. For Life. 5,000
    Texas Parks & Wildlife Foundation
    2914 Swiss Ave
    Dallas,TX75204
    NO RELATIONSHIP PC Texas Parks and Wildlife Foundations mission is to support Texas Parks and Wildlife Department (TPWD) to ensure that all Texans, today and in the future, can enjoy the wild things and wild places of Texas. 500
    Jewel Charity Ball Inc
    3301 HAMILTON AVENUE SUITE 121
    FORT WORTH,TX76107
    NO RELATIONSHIP PC Ensure that all children at Cook Childrens Medical Center are provided the health care they need and deserve 1,500
    Saving Hope Foundation
    950 Commerce St
    Fort Worth,TX76102
    NO RELATIONSHIP PC PUT AN END TO ANIMAL ABUSE AND NEGLECT BY ATTACKING THE OVER-POPULATION PROBLEM IN OUR COMMUNITY AND PUTTING AN EMPHASIS ON EDUCATION AND ADOPTION. 100
    Nantucket Shellfish Association Inc
    PO Box 604
    Nantucket,MA02554
    NO RELATIONSHIP PC To preserve and protect the island's harbors and shellfish resources 75
    Nantucket Conservation Foundation
    118 Cliff Rd
    Nantucket,MA02554
    NO RELATIONSHIP PC The mission of the Nantucket Conservation Foundation is to assist in the preservation of Nantuckets character by permanently conserving, maintaining, and managing natural areas and habitats and to encourage an appreciation of and interest in the Islands natural resources. 3,000
    564 Park Avenue Preservation Foundation
    564 Park Ave
    New York,NY10065
    NO RELATIONSHIP PC RESTORING, MAINTAINING AND PRESERVING, AND PROMOTING TO THE PUBLIC THE HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT BUILDING LOCATED AT 564 PARK AVENUE, NEW YORK, NY 10065. 3,500
    Amateur Athletic Union - Dynasty Basketball
    1910 Hotel Plaza Blvd
    Lake Buena Vista,FL32830
    NO RELATIONSHIP PC Sports For All, Forver. To the promotion and development of amateur sports and phystical fitness programs 500
    SMU Cox School of Business
    6212 Bishop Blvd
    DALLAS,TX75275
    NO RELATIONSHIP PC To create, expand, and impart knowledge through teaching, research, and service, shaping world changers who contribute to their communities and excel in their professions in a global society 500
    American Red Cross
    2055 Kendall Drive
    Dallas,TX75235
    NO RELATIONSHIP PC To protect life and health and to ensure respect for the human being. 10,300
    Botanical Research Institute of Texas
    1700 University Dr
    Fort Worth,TX76107
    NO RELATIONSHIP PC To conserve our natural heritage by deepening our knowledge of the plant world and achieving public understanding of the value plants bring to life. 1,250
    Fort Worth Symphony Orchestra
    330 E 4th Street
    Suite 200
    Fort Worth,TX76102
    No relationship PC To present engaging music education programs for young people to foster early interest in and inspire lifelong enjoyment of music. 10,500
    Cooks Children's Hospital
    801 7th Ave
    Fort Worth,TX76104
    NO RELATIONSHIP PC To improve the health of every child in our region through the prevention and treatment of illness, disease and injury. 250
    Pathfinders
    6550 Camp Bowie Blvd
    Suite 111
    Fort Worth,TX76116
    NO RELATIONSHIP PC To ensure that young people have access to all the resources that they need to find stability. 25,000
    ALS TEXAS
    14555 Dallas Parkway
    Suite 100-219
    Dallas,TX75254
    NO RELATIONSHIP PC To discover treatments and a cure for ALS, and to serve, advocate for, and empower people affected by ALS to live their lives to the fullest. 250
    KERA
    3000 Harry Hines Blvd
    Dallas,TX75201
    NO RELATIONSHIP PC To serve North Texans through public television, radio and multimedia resources that educate, engage, inspire, inform and entertain. 500
    Design Inspirations
    4000 Harlanwood Dr
    Fort Worth,TX761092030
    NO RELATIONSHIP PC To feature an upscale presentation of designer's tables, a noteworthy speaker and a chance to give back to the Fort Worth community. 30
    NiSHA
    11 Crooked Lane
    Nantucket,MA02554
    NO RELATIONSHIP PC to provide shelter and care for animals in need, and to promote animal welfare through humane education, outreach, and advocacy. 2,500
    The Nantucket Project
    4 N Water Street
    Nantucket,MA02554
    NO RELATIONSHIP PC We bring fresh ideas to curious audiences in live talks, short original films, and unforgettable experiences. 1,000
    East Side House Settlement
    337 Alexander Avenue
    Bronx,NY10454
    NO RELATIONSHIP PC Cares for the individuals, families, and communities we serve by expanding opportunities to live more fulfilling lives through education, career, and supportive services. 850
    The Explorers Club
    46 East 70th Street
    New York,NY10021
    NO RELATIONSHIP PC Dedicated to the advancement of field research, scientific exploration and resource conservation. 465
    Marymount School of New York
    1026 5th Ave
    New York,NY10028
    No relationship PC To educate young women who continue to question, risk, and grow-young women who care, serve, and lead-young women prepared to challenge, shape, and change the world. 500
    Cross of Christ Lutheran Church
    512 N Cockrell Hill Rd
    DeSoto,TX75115
    NO RELATIONSHIP PC Reaching, Teaching and Living with the Cross of Christ 250
    Cornerstone Assistance Network
    3500 Noble Ave
    Fort Worth,TX76111
    NO RELATIONSHIP PC To provide every participant the best supportive services possible in order that they might become all that God intends. 50,000
    Search Ministries Inc
    4330 W Vickery Blvd
    Suite 150
    Fort Worth,TX76107
    No relationship PC To invite adults to take a next step toward God. We do this by asking life's "big questions," offering honest answers, and initiating meaningful conversations. 10,000
    First United Methodist Church
    800 W 5th Street
    Fort Worth,TX76102
    NO RELATIONSHIP PC To make disciples of Jesus Christ for the transformation of the world. 5,000
    Nantucket Film Foundation
    228 Park Ave S 83799
    New York,NY10003
    NO RELATIONSHIP PC To promote the cultural awareness and appreciation of the art of screenwriting and storytelling. 1,920
    Total .................................bullet 3a 384,738
    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 2,569  
    4 Dividends and interest from securities....     14 158  
    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.....     15 384,121  
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18    
    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)..   386,848  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    386,848
    (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 AccountingFeesSchedule
    Name:
    THE BRATTON FAMILY FOUNDATION
    EIN:
    75-2513615
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 12,605 12,605    

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

    TY 2020 DepreciationSchedule
    Name:
    THE BRATTON FAMILY FOUNDATION
    EIN:
    75-2513615
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)
    Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE BRATTON FAMILY FOUNDATION
    EIN:
    75-2513615
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    POWER LINE PARTNERS, LP   3,917 3,917
    CL ROYALTY, LP   120,255 120,255
    OHA NEWBURY PARTNERS OFFSHORE   0 0
    SASO OFFSHORE FUND II, LP   34,398 34,398
    SQUARE LINE PARTNERS, LP   0 0
    SHALE LINE PARTNERS, LP   730,145 730,145
    AVIATOR CAPITAL OFFSHORE, LP   91,017 91,017
    FW COCHISE HOLDINGS, LP   184,750 184,750
    CL EOF, LP - CHOWDER   88,348 88,348
    STAMPEDE LINE PARTNERS, LP   144,815 144,815
    CL SPECIALTY LENDING(CAYMAN C)   151,945 151,945
    CL VITA, LIMITED   371,263 371,263
    CL EOF, LP - LOCAL   1,003,704 1,003,704
    NEURO LINE PARTNERS, LP   540 540
    H.I. PARTNERS, LP   51,732 51,732
    CL DENALI CLO XIV   315,688 315,688
    CL EOF, LP - INDIGO   229,576 229,576
    CRESTLINE SUMMIT   1,000,000 1,000,000
    LIFE LINE PARTNERS II   255,587 255,587
    MONOLINE RX III, LP   131,691 131,691
    CURA LINE PARTNERS, LP   495,113 495,113
    GREEN LINE PARTNERS, LP   348,276 348,276
    CL CIG, LLC   25,920 25,920
    CL EOF, LP - FUSION   252,706 252,706
    FIR TREE   0 0
    CL EOF, LP - RESILIENCE   378,978 378,978
    CL WIND, LP   21,544 21,544
    CRESTLINE PRAETER LP-FULCRUM   251,870 251,870
    CONTANGO OIL AND GAS CO   250,000 250,000
    DENALI THERAPEUTICS   187,778 187,778

    TY 2020 OtherDecreasesSchedule
    Name:
    THE BRATTON FAMILY FOUNDATION
    EIN:
    75-2513615
    Description Amount
    ADJUSTMENT TO TAX BASIS 950,783


    TY 2020 OtherExpensesSchedule
    Name:
    THE BRATTON FAMILY FOUNDATION
    EIN:
    75-2513615
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSES 175 40,177    


    TY 2020 OtherIncomeSchedule2
    Name:
    THE BRATTON FAMILY FOUNDATION
    EIN:
    75-2513615
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME FROM K-1S 384,121 -4,827  


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE BRATTON FAMILY FOUNDATION
    EIN:
    75-2513615
    Description Beginning of Year - Book Value End of Year - Book Value
    CONTRIBUTION PAYABLE 1,140 1,140


    TY 2020 TaxesSchedule
    Name:
    THE BRATTON FAMILY FOUNDATION
    EIN:
    75-2513615
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX