Form990-PF
Click to see attachment

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

27-5487095
B Telephone number (see instructions)

(800) 839-1754
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$30,852,148J 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 2,329 2,329  
4 Dividends and interest from securities... 114,047 114,047  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,875,857
b Gross sales price for all assets on line 6a 2,850,917
7 Capital gain net income (from Part IV, line 2)... 1,713,448
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 807,238 768,633  
12 Total. Add lines 1 through 11........ 2,799,471 2,598,457  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 4,000     4,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......       20
c Other professional fees (attach schedule).... Click to see attachment 65,090 29,090   36,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 22,415 1,715    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 482,360 411,703   37,522
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 573,865 442,508   77,542
25 Contributions, gifts, grants paid....... 1,280,000 1,280,000
26 Total expenses and disbursements. Add lines 24 and 25 1,853,865 442,508   1,357,542
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 945,606
b Net investment income (if negative, enter -0-) 2,155,949
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,036,738 483,056 483,056
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)....... 3,584,959 Click to see attachment4,073,639 4,652,612
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).......... 21,852,752 Click to see attachment22,863,360 25,716,480
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) 26,474,449 27,420,055 30,852,148
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 26,474,449 27,420,055
29 Total net assets or fund balances (see instructions)..... 26,474,449 27,420,055
30 Total liabilities and net assets/fund balances (see instructions). 26,474,449 27,420,055
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
26,474,449
2
Enter amount from Part I, line 27a .....................
2
945,606
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
27,420,055
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
27,420,055
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b Passthrough K1 Capital Gain/(Loss)      
c Sec 751 Gain on Sale of Ptshp Reclass      
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 2,850,917   2,172,526 678,391
b       1,044,008
c       -8,951
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 1,713,448
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 29,968
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 29,968
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 29,968
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 25,612
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 4,800
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 30,412
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 444
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet444 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletTN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 SILVERSIDE RDWilmingtonDE ZIP+4bullet19809
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    David A Belitz Dir
    1.0     		2,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    George G Hill Sec, Dir
    1.0     		2,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    T Cartter Lupton II Dir, Pres
    20.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,777,531
    b
    Average of monthly cash balances.......................
    1b
    737,796
    c
    Fair market value of all other assets (see instructions)................
    1c
    25,183,960
    d
    Total (add lines 1a, b, and c).........................
    1d
    30,699,287
    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
    30,699,287
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    460,489
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    30,238,798
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,511,940
    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
    1,511,940
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    29,968
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    27,949
    c
    Add lines 2a and 2b............................
    2c
    57,917
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,454,023
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,454,023
    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
    1,454,023
    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
    1,357,542
    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
    1,357,542
    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
    1,357,542
    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 1,454,023
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 1,337,314
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,357,542
    a Applied to 2019, but not more than line 2a 1,337,314
    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..... 20,228
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		1,433,795
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    T Cartter Lupton II
    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
    CHARLESTON JUNIOR GOLF FOUNDATION - THE FIRST TEE
    321 WINGO WAY STE 201
    MT PLEASANT,SC29464     		N/A PC General & Unrestricted 25,000
    CHARLESTON MOVES
    57 CANNON ST STE 2
    CHARLESTON,SC29403     		N/A PC General & Unrestricted 25,000
    CHARLESTON ORPHAN HOUSE INC
    5055 LACKAWANNA BLVD
    N CHARLESTON,SC29405     		N/A PC Charleston Youth Development Center 4,000
    CHARLESTON PARKS CONSERVANCY
    PO BOX 31187
    CHARLESTON,SC29417     		N/A PC General & Unrestricted 10,000
    CHARLESTON PROMISE NEIGHBORHOOD
    1834 SUMMERVILLE AVE STE 200
    CHARLESTON,SC29405     		N/A PC General & Unrestricted 25,000
    CHARLESTON WATERKEEPER
    PO BOX 29
    CHARLESTON,SC29402     		N/A PC General & Unrestricted 10,000
    COLLEGE OF CHARLESTON FOUNDATION
    66 GEORGE ST
    CHARLESTON,SC29424     		N/A PC Class of '81 Scholarship Fund 2,000
    COMMUNITIES IN SCHOOLS OF THE CHARLESTON AREA INC
    1691 TURNBULL AVE STE 200
    N CHARLESTON,SC29405     		N/A PC General & Unrestricted 15,000
    DOGWOOD ALLIANCE INC
    PO BOX 7645
    ASHEVILLE,NC28802     		N/A PC General & Unrestricted 10,000
    DUCKS UNLIMITED INC
    ONE WATERFOWL WAY
    MEMPHIS,TN38120     		N/A PC Land Conservation in the low country of SC 10,000
    EAST COOPER COMMUNITY OUTREACH
    1145 SIX MILE RD
    MT PLEASANT,SC29466     		N/A PC General & Unrestricted 20,000
    EAST COOPER LAND TRUST
    PO BOX 2495
    MT PLEASANT,SC29465     		N/A PC General & Unrestricted 5,000
    ENTERPRISE CENTER INC
    1100 MARKET ST STE 500
    CHATTANOOGA,TN37402     		N/A PC HCS Education Connect, Equity Training program, tech goes home program 20,000
    FLORENCE CRITTENTON PROGRAMS OF SOUTH CAROLINA INC
    19 SAINT MARGARET ST
    CHARLESTON,SC29403     		N/A PC General & Unrestricted 4,000
    FRIENDS OF THE MUNI INC
    455 FLEMING RD
    CHARLESTON,SC29412     		N/A PC General & Unrestricted 5,000
    GREEN HEART PROJECT INC
    759 KING ST APT A
    CHARLESTON,SC29403     		N/A PC Urban Farm Campaign 10,000
    HISTORIC CHARLESTON FOUNDATION
    PO BOX 1120
    CHARLESTON,SC29402     		N/A PC General & Unrestricted 25,000
    INTERNATIONAL AFRICAN AMERICAN MUSEUM
    113 CALHOUN ST
    CHARLESTON,SC29401     		N/A PC General & Unrestricted 10,000
    KIDS ON POINT INC
    PO BOX 22731
    CHARLESTON,SC29413     		N/A PC General & Unrestricted 5,000
    LORD BERKELEY CONSERVATION TRUST
    136 E RAILROAD AVE
    MONCKS CORNER,SC29461     		N/A PC General & Unrestricted 10,000
    LOUIES KIDS INC
    PO BOX 21291
    CHARLESTON,SC29413     		N/A PC General & Unrestricted 5,000
    LOWCOUNTRY LAND TRUST INC
    635 RUTLEDGE AVE STE 107
    CHARLESTON,SC29403     		N/A PC General & Unrestricted 25,000
    LOWCOUNTRY LOCAL FIRST
    1630 MEETING ST BLDG 2
    CHARLESTON,SC29405     		N/A PC General & Unrestricted 20,000
    METANOIA
    2005 REYNOLDS AVE
    N CHARLESTON,SC29405     		N/A PC General & Unrestricted 20,000
    NATURE CONSERVANCY - CHARLESTON SATELITE OFFICE
    1417 STUART ENGALS BLVD STE 100
    MT PLEASANT,SC29464     		N/A PC General & Unrestricted 25,000
    NATURE CONSERVANCY - CHARLESTON SATELITE OFFICE
    1417 STUART ENGALS BLVD STE 100
    MT PLEASANT,SC29464     		N/A PC Brooks Tract Acquisition 25,000
    OPEN SPACE INSTITUTE INC
    1350 BROADWAY RM 201
    NEW YORK,NY10018     		N/A PC Conservation work in South Carolina 10,000
    OPERATION HOME INC
    3973 RIVERS AVE STE 104
    NORTH CHARLESTON,SC29405     		N/A PC General & Unrestricted 5,000
    POLLY BOYD SCHOLARSHIP FUND
    PO BOX 23176
    CHATTANOOGA,TN37422     		N/A PF General & Unrestricted 40,000
    PORTER-GAUD SCHOOL
    300 ALBEMARLE RD
    CHARLESTON,SC29407     		N/A PC Renewal Campaign 25,000
    PRESERVATION SOCIETY OF CHARLESTON
    147 KING ST
    CHARLESTON,SC29401     		N/A PC Capital Campaign 25,000
    PRESERVATION SOCIETY OF CHARLESTON
    147 KING ST
    CHARLESTON,SC29401     		N/A PC General & Unrestricted 10,000
    S C BATTLEGROUND PRESERVATION TRUST INC
    PO BOX 80668
    CHARLESTON,SC29416     		N/A PC Liberty Trail 25,000
    SKYUKA HALL
    5600 BRAINERD RD STE A24
    CHATTANOOGA,TN37411     		N/A PC General & Unrestricted 45,000
    SOUTH CAROLINA AQUARIUM
    100 AQUARIUM WHARF
    CHARLESTON,SC29401     		N/A PC General & Unrestricted 50,000
    SOUTH CAROLINA COASTAL CONSERVATION LEAGUE INC
    131 SPRING ST STE A
    CHARLESTON,SC29403     		N/A PC Grow Food 225,000
    SOUTH CAROLINA ENVIRONMENTAL LAW PROJECT INC
    PO BOX 1380
    PAWLEYS ISL,SC29585     		N/A PC General & Unrestricted 10,000
    SOUTHERN ENVIRONMENTAL LAW CENTER
    201 W MAIN ST STE 14
    CHARLOTTESVILLE,VA22902     		N/A PC General & Unrestricted 25,000
    SUSTAINABILITY INSTITUTE INC
    1850 TRUXTUN AVE
    NORTH CHARLESTON,SC29405     		N/A PC General & Unrestricted 25,000
    TEACH FOR AMERICA INC
    25 BROADWAY 12TH FL
    NEW YORK,NY10004     		N/A PC work in South Carolina schools 10,000
    THE BAYLOR SCHOOL
    171 BAYLOR SCHOOL RD
    CHATTANOOGA,TN37405     		N/A PC Cartter Scholars Scholarship 300,000
    THE DEE NORTON LOWCOUNTRY CHILDRENS CENTER INC
    1061 KING ST
    CHARLESTON,SC29403     		N/A PC General & Unrestricted 5,000
    TRIDENT TECHNICAL COLLEGE FOUNDATION INCORPORATED
    PO BOX 61227
    CHARLESTON,SC29419     		N/A PC Student Urgent Needs Fund 10,000
    TRIDENT TECHNICAL COLLEGE FOUNDATION INCORPORATED
    PO BOX 61227
    CHARLESTON,SC29419     		N/A PC Scholarship Fund 25,000
    UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATIO
    1027 BARNWELL ST
    COLUMBIA,SC29208     		N/A PC The Catesby Center 25,000
    UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATIO
    1027 BARNWELL ST
    COLUMBIA,SC29208     		N/A PC Catesby Commemorative Trust Fund 5,000
    WINGS FOR KIDS
    476 MEETING ST STE E
    CHARLESTON,SC29403     		N/A PC General & Unrestricted 5,000
    YO ART INC
    PO BOX 12397
    CHARLESTON,SC29422     		N/A PC General & Unrestricted 5,000
    Total .................................bullet 3a 1,280,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 2,329  
    4 Dividends and interest from securities....     14 114,047  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		525990 162,409 18 1,713,448  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss     		525990 28,932 14 769,355  
    bSec 751 Gain on Sale of Ptshp 525990 8,951      
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 200,292 2,599,179  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,799,471
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

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

    TY 2020 DepreciationSchedule
    Name:
    Pathfinder Foundation Inc
    EIN:
    27-5487095
    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 GeneralExplanationAttachment
    Name:
    Pathfinder Foundation Inc
    EIN:
    27-5487095
    Identifier Return Reference Explanation
    PART I LINE 6A part I line 6a PART I LINE 6A (990-PF) - RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $1,713,448 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $162,409 TOTAL PART I, LINE 6A: $1,875,857 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $2,850,917 BOOK BASIS: $2,172,526 NET GAIN/(LOSS): $678,391 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $1,044,008 SECTION 751 GAIN ON SALE OF PARTNERSHIP - RECLASS NET GAIN/(LOSS): $(8,951)

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Pathfinder Foundation Inc
    EIN:
    27-5487095
    Name of Stock End of Year Book Value End of Year Fair Market Value
    10X GENOMICS CLASS A 4,618 4,390
    ABBOTT LABS 6,416 6,569
    ABBVIE INC 9,746 9,751
    ACCENTURE PLC 35,244 87,245
    ADAPTEC, INC 3,390 3,548
    ADVANCE AUTO PARTS INC 9,532 9,608
    ADVANCED MEDICAL OPTICS 7,117 7,201
    ADVANCED MICRO DEVICES INC 7,778 7,795
    ADVERUM BIOTECHNOLOGIES INC 2,576 2,179
    AKAMAI TECH COM STK 9,441 9,554
    ALEXANDRIA REAL ESTATE EQUITIE 15,947 16,574
    ALEXION PHARMACEUTICALS, INC 5,684 7,500
    ALIBABA GROUP HOLDING LTD 5,130 4,655
    ALLOGENE THERAPEUTICS INC 1,619 1,489
    ALPHABET INC CL A 31,880 31,548
    ALTERYX INC 6,217 6,455
    ALTRA HLDGS INC 6,804 7,040
    AMAZON COM 43,758 45,597
    AMERICAN ELECTRIC POWER INC 25,695 23,982
    AMERICAN WATER WORKS COMPANY I 11,593 12,124
    AMERIPRISE FINANCIAL INC 16,236 16,518
    AMETEK INC 16,445 16,811
    AMGEN INC 65,936 60,929
    ANTERO MIDSTREAM CORPORATION 10,697 6,577
    APPLE INC 44,458 47,768
    APPLIED MATERIALS INC 6,102 5,955
    ARENA PHARMACEUTICALS, INC. 2,501 2,766
    ARGENX SE 2,957 2,941
    ARISTA NETWORKS 5,560 5,811
    ASTEC INDUSTRIES, INC. 6,075 5,730
    ATRECA INC CL A 1,746 1,760
    ATRICURE, INC. 4,888 5,678
    AUTODESK, INC 10,878 11,908
    AVALARA INC 6,639 6,596
    AVROBIO INC 1,295 1,366
    AZEK COMPANY INC CL A 4,058 4,460
    BANDWIDTH INC 7,007 5,839
    BIONTECH SE ADR 2,552 1,630
    BJ'S WHLSL CLUB INC 4,325 4,362
    BLACKROCK INC 46,824 62,052
    BOISE CASCADE COMPANY 5,816 6,118
    BOOKING HOLDINGS INC 10,645 11,136
    BOOZ ALLEN HAMILTON HOLDING CO 9,370 9,415
    BOSTON SCIENTIFIC 7,260 7,621
    BRIDGEBIO PHARMA INC 4,087 4,764
    BRIGHT HORIZONS FAMILY SOLUTIO 9,492 9,860
    BROOKS AUTOMATION, INC 7,480 7,124
    BURLINGTON STORES, INC 13,118 14,647
    CAREDX INC 7,053 7,390
    CASELLA WASTE SYSTEMS INC 5,337 5,637
    CASTLE BIOSCIENCES INC 4,197 4,701
    CENTENE CORP 10,558 10,145
    CHART INDUSTRIES, INC 8,953 9,305
    CHEGG INC 8,627 9,665
    CHUBB LIMITED 64,799 70,034
    CHURCH & DWIGHT 6,451 6,542
    CHURCHILL DOWNS INC 7,089 7,012
    CISCO SYSTEMS INC 77,464 79,655
    CITIZENS FINANCIAL GROUP, INC 17,327 17,308
    COMCAST CORP 62,893 89,500
    COOPER COMPANIES INC 4,842 5,086
    COUPONS.COM 6,962 7,456
    CRANE CO 15,484 24,075
    CRISPR THERAPEUTICS AG 3,033 3,062
    CURTISS WRIGHT CP 12,961 12,682
    DARDEN RESTAURANTS INC 17,086 17,749
    DATTO HLDG CORP 3,450 3,645
    DIAGEO PLC ADS 38,542 50,184
    DICERNA PHARMACEUTICALS INC 2,573 2,379
    DOLLAR GENERAL CORP 8,717 8,833
    ENBRIDGE INC 32,640 17,051
    ENLINK MIDSTREAM LLC 27,847 10,199
    EPAM SYSTEMS INC 16,685 18,634
    EQUITRANS MIDSTREAM CORPORATIO 24,762 22,054
    ESSENT GROUP LTD 3,296 3,240
    EVERBRIDGE INC 5,555 6,261
    F M C CP 22,340 21,722
    FACEBOOK INC 9,363 9,287
    FATE THERAPEUTICS INC 3,924 3,819
    FIDELITY NATIONAL INFORMATION 6,808 6,507
    FIRST REPUBLIC BANK 15,141 17,191
    FORTINET INC 10,270 12,179
    FORTIVE CORPORATION 20,397 20,821
    GENERAC HOLDING INC 9,722 10,233
    GLU MOBILE INC 3,396 3,361
    GROCERY OUTLET HOLDING CORP 6,005 6,241
    HEICO CP CL A 4,601 4,448
    HERC HOLDINGS, INC 9,111 9,497
    HOME DEPOT INC 38,465 75,170
    HOULIHAN LOKEY INC 16,934 16,337
    HUBSPOT INC 9,964 9,911
    IAA INC 7,065 7,538
    IAC INTERACTIVE CORP 5,327 6,817
    IGM BIOSCIENCES ORD SHS 3,419 3,267
    INCYTE CORPORATION 5,305 5,654
    INFOSPACE.COM, INC. 8,863 8,464
    INGEVITY CORPORATION 3,311 3,484
    INTEL CORP 43,355 64,666
    IOVANCE BIOTHERAPEUTICS 2,998 2,830
    IQVIA HOLDINGS INC 7,256 7,704
    JAZZ PHARMACEUTICALS INC 9,686 10,893
    JOHNSON & JOHNSON 77,848 85,773
    JP MORGAN CHASE 55,120 64,043
    KANSAS CITY SOUTHERN 17,910 18,780
    KURA ONCOLOGY INC 3,672 2,841
    LABORATORY CORP AMER HLDGS 17,775 17,709
    LATTICE SEMICONDUCTOR 5,602 6,140
    LHC GROUP 6,820 7,253
    LINDE PLC COM 39,393 63,506
    LIVEPERSON, INC. 5,041 5,538
    LOCKHEED MARTIN CORP 30,374 50,052
    LOGITECH INTERNATIONAL 7,533 8,164
    LOWES COMPANIES INC 11,234 11,236
    MAGENTA THERAPEUTICS INC 1,578 1,709
    MAGNITE INC 7,371 11,363
    MAINSTAY UNCONSTRAINED BOND A 462,932 466,886
    MARAVAI LIFESCIENCES HOLDINGS 5,870 6,367
    MARSH AND MCLENNAN COMPANIES I 30,029 57,564
    MARVEL TECH INC 7,626 8,415
    MASIMO CORPORATION 8,948 8,857
    MASTEC INC 7,425 7,432
    MATCH GROUP INC 19,095 19,806
    MAXLINEAR INC 6,871 7,676
    MCCORMICK & CO 9,928 10,229
    MCDONALD'S CORP 36,370 70,382
    MEDPACE HOLDINGS, INC 6,945 6,960
    MEDTRONIC PLC 56,926 83,053
    MEIRAGTX HOLDINGS PLC 1,622 1,983
    MERCURY COMPUTER SYSTEMS 5,838 6,428
    MICROSOFT CORP 103,222 215,748
    MIRATI THERAPEUTICS INC 3,525 3,295
    MONOLITHIC POWER SYSTEMS, INC 5,579 6,592
    NANOSTRING TECHNOLOGIES INC 7,227 7,089
    NEOGENOMICS INC 6,841 7,376
    NETFLIX INC 5,027 5,407
    NEXTERA ENERGY, INC 22,738 36,723
    NORTHERN TRUST CORPORATION 13,052 13,412
    NOVARTIS AG ADR 56,783 63,740
    NVIDIA CORP 4,687 4,700
    OLLIES BARGAIN OUTLET HOLDINGS 15,329 16,027
    ONEOK INC 78,728 58,107
    PALO ALTO NETWORKS INC 11,320 13,149
    PEPSICO INC 5,380 5,487
    PERFORMANCE FOOD GROUP COMPANY 7,669 7,903
    PHILLIPS 66 45,421 45,181
    PLANET FITNESS INC 6,598 6,676
    PMV PHARMACEUTICALS INC 3,683 4,798
    POOL CORP 5,699 6,333
    PROCTER GAMBLE CO 53,353 66,509
    PVH CORP 9,017 8,920
    QORVO INC 5,913 6,152
    QTS REALTY TRUST 5,539 5,879
    RAPID7 INCORPORATED 6,498 8,114
    RAYTHEON TECHNOLOGIES CORP 28,911 35,111
    REGAL BELOITE CP 7,724 8,105
    RELAY THERAPEUTICS INC 3,412 2,826
    REPARE THERAPEUTICS ORD SHS 2,587 2,298
    REPLIGEN CORP 6,631 7,090
    REPUBLIC SVCS INC 26,113 31,779
    REVANCE THERAPEUTICS INC COM 3,475 3,599
    ROCKWELL AUTOMATION INC 21,729 44,895
    RPM INTERNATIONAL INC 13,231 13,708
    RYMAN HOSPITALITY PROPERTIES 9,608 9,757
    SAGE THERAPEUTICS INC 2,797 3,460
    SALESFORCE.COM 13,071 13,129
    SEA LTD 5,161 5,374
    SERVICE CP INTL 18,489 18,118
    SERVICE NOW 12,250 12,660
    SHIFT4 PAYMENTS INC CL A 6,951 8,219
    SILK ROAD MEDICAL ORD SHS 6,309 6,739
    SIMPSON MANUFACTURING CO INC 5,223 5,420
    SIX FLAGS ENTERTAINMENT CORPOR 5,771 6,172
    SPLUNK INC 6,616 7,305
    SS&C TECHNOLOGIES INC 6,767 6,839
    STAAR SURGICAL ORD SHS 7,737 7,684
    STARBUCKS CORP COM 11,936 12,196
    SUMO LOGIC ORD SHS 3,790 3,973
    TABULA RASA HEALTHCARE 2,842 3,170
    TAKE-TWO INTERACTIVE SOFTWARE 16,300 18,286
    TANDEM DIABETES CARE INC 4,529 4,688
    TELEFLEX INC 18,171 19,344
    TENABLE HOLDINGS INC 5,866 8,205
    TEREX CORP 7,694 7,746
    TESLA MOTORS INC 8,644 9,879
    TEXAS INSTRUMENTS INC 51,266 78,126
    THE COCA-COLA CO 68,141 83,906
    THE TRADE DESK INC 9,126 8,010
    THE WENDY'S CO 3,941 3,880
    TIMKEN CO COM 10,330 10,366
    TOPBUILD CORP 7,050 7,731
    TRUIST FINANCIAL CORPORATION 31,678 31,059
    TWIST BIOSCIENCE CORP 2,998 2,967
    UNION PACIFIC 37,550 67,880
    UNITED PARCEL SERVICE 37,828 38,732
    UNITED RENTALS INC 6,502 6,262
    UNITEDHEALTH GROUP INC 9,568 9,819
    UNIVERSAL DISPLAY CORP 11,712 11,490
    V F CORP 46,950 66,022
    VISA INC 19,565 20,561
    VONAGE HOLDINGS CORP 5,074 4,817
    VONTIER CORPORATION 7,732 8,183
    VOYA FINANCIAL INC 10,013 10,174
    WEBSTER FINL CORP 6,357 6,491
    WERNER ENTERPRISES INC 4,667 4,589
    WILLIAMS COS 94,298 59,549
    WINGSTOP INC 2,445 2,518
    WISDOM TREE EUROPE HEDGED EQUI 455,471 473,781
    WIX COM LTD 5,264 4,999
    XENCOR INC 2,856 2,880
    XENON PHARMACEUTICALS 1,692 2,122
    ZSCALER INC 5,011 5,392
    ZYMEWORKS ORD SHS 2,854 2,599

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Pathfinder Foundation Inc
    EIN:
    27-5487095
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ENERGY TRANSFER LP   106,262 94,047
    ENTERPRISE PRODUCTS PARTNERS L   77,860 191,336
    GENESIS ENERGY, L.P   4,612 10,669
    HEADLANDS CPTL SECONDARY FD II   34,081 70,181
    JTL PRIVATE EQUITY FUND, L.P   1,444,571 631,225
    LUPTON DOMESTIC EQUITY PARTNER   4,465,884 5,970,969
    LUPTON HEDGE FUND PARTNERSHIP,   10,858,405 12,307,735
    LUPTON INTERNATIONAL EQUITY PA   5,001,807 5,515,371
    LUPTON PRIVATE EQUITY FUND 201   641,812 688,479
    MAGELLAN MIDSTREAM PARTNERS LP   75,893 82,843
    MPLX LP   28,062 80,819
    PHILLIPS 66 PARTNERS LP   9,959 10,670
    PLAINS ALL AMERICAN PIPELINE L   50,299 21,506
    SHELL MIDSTREAM PARTNERS LP   53,483 21,904
    WESTERN MIDSTREAM PARTNERS, LP   10,370 18,726

    TY 2020 OtherExpensesSchedule
    Name:
    Pathfinder Foundation Inc
    EIN:
    27-5487095
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 37,502     37,502
    Bank Charges 303 303    
    K-1 Exp ENERGY TRANSFER LP 693 643    
    K-1 Exp ENTERPRISE PRODUCTS PA 32      
    K-1 Exp EQM MIDSTREAM PARTNERS 4      
    K-1 Exp GENESIS ENERGY, L.P 58 48    
    K-1 Exp HEADLANDS CPTL SECONDA 14,187 14,187    
    K-1 Exp JTL PRIVATE EQUITY FUN 22,879 18,940    
    K-1 Exp LUPTON DOMESTIC EQUITY 61,761 61,716    
    K-1 Exp LUPTON HEDGE FUND PART 275,686 249,139    
    K-1 Exp LUPTON INTERNATIONAL E 52,998 51,092    
    K-1 Exp LUPTON PRIVATE EQUITY 15,908 15,436    
    K-1 Exp MAGELLAN MIDSTREAM PAR 25 8    
    K-1 Exp MPLX LP 8      
    K-1 Exp PLAINS ALL AMERICAN PI 295 191    
    K-1 Exp SHELL MIDSTREAM PARTNE 1      
    STATE OR LOCAL FILING FEES 20     20


    TY 2020 OtherIncomeSchedule2
    Name:
    Pathfinder Foundation Inc
    EIN:
    27-5487095
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss ENERGY TRANSFER LP -24,509 922  
    K-1 Inc/Loss ENTERPRISE PRODUCTS PARTNERS LP -15,855 -422  
    K-1 Inc/Loss EQM MIDSTREAM PARTNERS LP -992 109  
    K-1 Inc/Loss GENESIS ENERGY, L.P -8,874 -208  
    K-1 Inc/Loss HEADLANDS CPTL SECONDARY FD III LP (P 33 33  
    K-1 Inc/Loss JTL PRIVATE EQUITY FUND, L.P 10,866 4,743  
    K-1 Inc/Loss LUPTON DOMESTIC EQUITY PARTNERSHIP LP 34,335 34,861  
    K-1 Inc/Loss LUPTON HEDGE FUND PARTNERSHIP, LP 676,856 575,696  
    K-1 Inc/Loss LUPTON INTERNATIONAL EQUITY PARTNERSH 140,951 140,951  
    K-1 Inc/Loss LUPTON PRIVATE EQUITY FUND 2019 GP 11,238 11,122  
    K-1 Inc/Loss MAGELLAN MIDSTREAM PARTNERS LP -6,656 10  
    K-1 Inc/Loss MPLX LP -6,497 140  
    K-1 Inc/Loss PHILLIPS 66 PARTNERS LP -1,924 63  
    K-1 Inc/Loss PLAINS ALL AMERICAN PIPELINE LP -7,840 -321  
    K-1 Inc/Loss SHELL MIDSTREAM PARTNERS LP -1,028 898  
    K-1 Inc/Loss WESTERN MIDSTREAM PARTNERS, LP -1,817 36  
    Sec 751 Gain on Sale EQM MIDSTREAM PARTNERS LP 8,951    


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Pathfinder Foundation Inc
    EIN:
    27-5487095
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administration of Foundation 36,000     36,000
    Investment Management Services 29,090 29,090    


    TY 2020 TaxesSchedule
    Name:
    Pathfinder Foundation Inc
    EIN:
    27-5487095
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 20,600      
    Foreign Tax Paid 1,715 1,715    
    STATE INCOME TAX 2019 100