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 AUSTIN E KNOWLTON FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)414 WALNUT STREET NO 1205
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CINCINNATI, OH452023913
A Employer identification number

31-1044475
B Telephone number (see instructions)

(513) 381-2400
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$225,698,470J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 86,639 256,264  
4 Dividends and interest from securities... 2,713,275 2,801,119  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,668,107
b Gross sales price for all assets on line 6a 42,249,641
7 Capital gain net income (from Part IV, line 2)... 5,911,462
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 0 448,818  
12 Total. Add lines 1 through 11........ 5,468,021 9,417,663  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 525,000 150,000   375,000
14 Other employee salaries and wages...... 110,400 16,560   93,840
15 Pension plans, employee benefits....... 7,428 1,114   6,314
16a Legal fees (attach schedule)......... Click to see attachment 27,683 0   0
b Accounting fees (attach schedule)....... Click to see attachment 22,250 11,125   11,125
c Other professional fees (attach schedule).... Click to see attachment 752,056 752,056   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 17,787 1,267   7,179
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 24,792 0   17,354
21 Travel, conferences, and meetings....... 11,209 4,458   6,751
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 60,471 166,714   41,423
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,559,076 1,103,294   558,986
25 Contributions, gifts, grants paid....... 10,630,000 10,640,000
26 Total expenses and disbursements. Add lines 24 and 25 12,189,076 1,103,294   11,198,986
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -6,721,055
b Net investment income (if negative, enter -0-) 8,314,369
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............. 1,036,263 150,382 150,382
2 Savings and temporary cash investments......... 2,696,175 16,832,380 16,832,380
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).......... 204,547,142 Click to see attachment208,715,708 208,715,708
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) 208,279,580 225,698,470 225,698,470
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........... 208,279,580 225,698,470
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    
29 Total net assets or fund balances (see instructions)..... 208,279,580 225,698,470
30 Total liabilities and net assets/fund balances (see instructions). 208,279,580 225,698,470
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
208,279,580
2
Enter amount from Part I, line 27a .....................
2
-6,721,055
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
24,139,945
4
Add lines 1, 2, and 3 ..........................
4
225,698,470
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
225,698,470
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 P    
b PARTNERSHIPS P    
c OAKTREE EM P    
d ADDITIONAL REALIZED CAPITAL GAIN P    
e CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 41,976,935   39,586,412 2,390,523
b       767,190
c       4,878
d       2,476,165
e 272,706     272,706
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       2,390,523
b       767,190
c       4,878
d       2,476,165
e       272,706
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 5,911,462
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................................ 1 115,570
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 115,570
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 115,570
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 29,398
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 26,602
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 56,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 115
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 59,685
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOH
    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 .Click to see attachment
    8b
     
    No
    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 addressbulletHTTPS://WWW.AEKFOUNDATION.ORG/
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (513) 381-2400

    Located atbullet414 WALNUT STREET NO 1205CINCINNATIOH ZIP+4bullet452023913
    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
    JOHN C LINDBERG PRESIDENT
    10.00     		100,000 0 0
    414 WALNUT STREET SUITE 1205
    CINCINNATI,OH452023913
    ERIC V LINDBERG VICE PRESIDENT
    20.00     		275,000 0 0
    414 WALNUT STREET SUITE 1205
    CINCINNATI,OH452023913
    ROBERT A PITCAIRN JR SECRETARY
    12.00     		150,000 0 0
    414 WALNUT STREET SUITE 1205
    CINCINNATI,OH452023913
    EDWARD D DILLER TREASURER
    8.00     		0 0 0
    414 WALNUT STREET SUITE 1205
    CINCINNATI,OH452023913
    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
    SHERRI L CALK CHIEF ADMINISTRATIVE
    40.00     		110,400 4,968 2,460
    414 WALNUT STREET SUITE 1205
    CINCINNATI,OH45202
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    196,393,361
    b
    Average of monthly cash balances.......................
    1b
    7,978,744
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    204,372,105
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    204,372,105
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,065,582
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    201,306,523
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    10,065,326
    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
    10,065,326
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    115,570
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    115,570
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    9,949,756
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    9,949,756
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    9,949,756
    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
    11,198,986
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    11,198,986
    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
    11,198,986
    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 9,949,756
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 1,187,443
    b From 2016...... 812,947
    c From 2017...... 1,412,837
    d From 2018...... 1,458,813
    e From 2019...... 1,899,121
    fTotal of lines 3a through e........ 6,771,161
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 11,198,986
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 9,949,756
    e Remaining amount distributed out of corpus 1,249,230
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 8,020,391
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		1,187,443
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		6,832,948
    10 Analysis of line 9:
    a Excess from 2016.... 812,947
    b Excess from 2017.... 1,412,837
    c Excess from 2018.... 1,458,813
    d Excess from 2019.... 1,899,121
    e Excess from 2020.... 1,249,230
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    SHERRI L CALK
    414 WALNUT STREET SUITE 1205
    CINCINNATI,OH45202
    (513) 381-2400
    bThe form in which applications should be submitted and information and materials they should include:
    ANY FORM. ORGANIZATION MAY BE ASKED TO SUBMIT PROOF OF TAX-EXEMPT STATUS
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    DENISON UNIVERSITY
    100 WEST COLLEGE STREET
    GRANVILLE,OH43023     		  PC PROGRAM SERVICES 30,000
    ANGEL FLIGHT SOUTH CENTRAL
    PO BOX 763760
    DALLAS,TX75376     		  PC PROGRAM SERVICES 10,000
    TEN THOUSAND VILLAGES
    704 MAIN STREET PO BOX 307
    AKRON,PA17501     		  PC PROGRAM SERVICES 100,000
    HUDSON LINK FOR HIGHER EDUCATION
    PO BOX 862
    OSSINING,NY10562     		  PC PROGRAM SERVICES 10,000
    BIG BROTHERS BIG SISTERS OF GREATER CINCINNATI
    2400 READING ROAD SUITE 148
    CINCINNATI,OH45202     		  PC PROGRAM SERVICES 5,000
    MENNONITE CENTRAL COMMITTEE US
    21 SOUTH 12TH ST PO BOX 500
    AKRON,PA17501     		  PC PROGRAM SERVICES 100,000
    MOST VALUABLE KIDS OF GREATER CINCINNATI
    4623 WESLEY AVE SUITE F
    NORWOOD,OH45212     		  PC PROGRAM SERVICES 25,000
    CHILDHOOD FOOD SOLUTIONS
    2573 ST LEO PLACE
    CINCINNATI,OH45225     		  PC PROGRAM SERVICES 15,000
    CINCINNATI CHAMBER ORCHESTRA
    4046 HAMILTON AVE SUITE 200
    CINCINNATI,OH45223     		  PC PROGRAM SERVICES 25,000
    LIGHTHOUSE YOUTH SERVICES
    401 EAST MCMILLAN STREET
    CINCINNATI,OH45206     		  PC PROGRAM SERVICES 25,000
    TEN THOUSAND VILLAGES
    704 MAIN STREET PO BOX 307
    AKRON,PA17501     		  PC PROGRAM SERVICES 50,000
    AUGUSTANA COLLEGE
    639 38TH STREET
    ROCK ISLAND,IL61201     		  PC PROGRAM SERVICES 25,000
    STEPPING STONESINC
    5650 GIVEN ROAD
    CINCINNATI,OH45243     		  PC PROGRAM SERVICES 20,000
    DENISON UNIVERSITY
    100 WEST COLLEGE STREET
    GRANVILLE,OH43023     		  PC CAREER CENTER 1,500,000
    AUGUSTANA COLLEGE
    639 38TH STREET
    ROCK ISLAND,IL61201     		  PC HEALTH & WELLNESS CENTER 1,000,000
    CINCINNATI PLAYHOUSE IN THE PARK
    962 MT ADAMS CIRCLE
    CINCINNATI,OH45202     		  PC PROGRAM SERVICES 25,000
    LUZERNE MUSIC CENTER INC
    203 LAKE TOUR ROAD PO BOX 39
    LAKE LUZERNE,NY12846     		  PC PROGRAM SERVICES 15,000
    DRESS FOR SUCCESS CINCINNATI
    205 W 4TH STREET 900
    CINCINNATI,OH45202     		  PC PROGRAM SERVICES 5,000
    EXPERIMENTAL AIRCRAFT ASSOCIATION INC
    PO BOX 3086
    OSHKOSH,WI54903     		  PC PROGRAM SERVICES 100,000
    THE CINCINNATI BALLET COMPANY
    1555 CENTRAL PARKWAY
    CINCINNATI,OH45214     		  PC PROGRAM SERVICES 100,000
    GREATER CINCINNATI POLICE HISTORICAL SOCIETY
    308 READING SUITE 201
    CINCINNATI,OH45202     		  PC PROGRAM SERVICES 10,000
    GRAD CINCINNATI INC
    301 OAK STREET PO BOX 19477
    CINCINNATI,OH45219     		  PC PROGRAM SERVICES 5,000
    ACCELERATE GREAT SCHOOLS
    30 GARFIELD SUITE 700
    CINCINNATI,OH45202     		  PC PROGRAM SERVICES 5,000
    CINCINNATI NATURE CENTER
    4949 TEALTOWN ROAD
    MILFORD,OH45150     		  PC PROGRAM SERVICES 10,000
    SISTERS OF CHARITY SENIOR CARE DBA BAYLEY
    990 BAYLEY PLACE DRIVE
    CINCINNATI,OH45233     		  PC PROGRAM SERVICES 10,000
    BLUFFTON UNIVERSITY
    1 UNIVERSITY DRIVE
    BLUFFTON,OH45817     		  PC PROGRAM SERVICES 25,000
    RONALD REAGAN PRESIDENTIAL FND & INSTITUTE
    40 PRESIDENTIAL 200
    SIMI VALLEY,CA93065     		  PC PROGRAM SERVICES 100,000
    RONALD REAGAN PRESIDENTIAL FDN & INSTITUTE
    40 PRESIDENTIAL 200
    SIMI VALLEY,CA93065     		  PC PROGRAM SERVICES 100,000
    DENISON UNIVERSITY
    100 WEST COLLEGE STREET
    GRANVILLE,OH43023     		  PC KNOWLTON LAUNCH LAB 500,000
    FREDERICKSBURG COMMUNITY HEALTH CENTER DBA THE GOOD SAMARITAN CENTER
    140 INDUSTRIAL LOOP SUITE 100
    FREDERICKSBURG,TX78624     		  PC PROGRAM SERVICES 10,000
    EDUCATIONAL THEATRE ASSOCIATION FOUNDATION
    2343 AUBURN AVE
    CINCINNATI,OH45219     		  PC PROGRAM SERVICES 10,000
    CAMPING AND EDUCATION FOUNDATION
    3515 MICHIGAN AVENUE
    CINCINNATI,OH45208     		  PC PROGRAM SERVICES 50,000
    TEN THOUSAND VILLAGES OF CINCINNATI
    2011 MADISON ROAD
    CINCINNATI,OH45208     		  PC PROGRAM SERVICES 25,000
    TEN THOUSAND VILLAGES
    704 MAIN STREET PO BOX 307
    AKRON,PA17501     		  PC PROGRAM SERVICES 15,000
    MENNONITE CENTRAL COMMITTEE US
    21 SOUTH 12TH ST PO BOX 500
    AKRON,PA17501     		  PC PROGRAM SERVICES 10,000
    CITYLINK CENTER
    800 BANK STREET
    CINCINNATI,OH45214     		  PC PROGRAM SERVICES 20,000
    BALDWIN WALLACE UNIVERSITY
    275 EASTLAND ROAD
    BEREA,OH44017     		  PC STEM CENTER 2,000,000
    CENTRE COLLEGE
    600 WEST WALNUT STREET
    DANVILLE,KY40422     		  PC AEK CENTER 750,000
    OHIO STATE UNIVERSITY FOUNDATION
    1480 WEST LANE AVENUE
    COLUMBUS,OH43221     		  PC PROFESSORSHIP ENDOWMENT 200,000
    DENISON UNIVERSITY
    100 WEST COLLEGE STREET
    GRANVILLE,OH43023     		  PC ANNUAL FUND 40,000
    FRONTIERS OF FLIGHT MUSEUM INC
    6911 LEMON AVENUE
    DALLAS,TX75209     		  PC PROGRAM SERVICES 10,000
    GILLESPIE COUNTY FAIR & FESTIVALS ASSOC
    PO BOX 526
    FREDERICKSBURG,TX78624     		  PC SCHOLARSHIP FUND 10,000
    FORMER TEXAS RANGERS FOUNDATION
    103 INDUSTRIAL LOOP SUITE 700F
    FREDERICKSBURG,TX78624     		  PC PROGRAM SERVICES 10,000
    MADISON COMMUNITY FOUNDATION
    111 N FAIRCHILD ST SUITE 260
    MADISON,WI53703     		  PC ADVISED FUND 5,000
    AUGUSTANA COLLEGE
    639 38TH STREET
    ROCK ISLAND,IL61201     		  PC SCHOLARSHIP FUND 10,000
    AUGUSTANA COLLEGE
    639 38TH STREET
    ROCK ISLAND,IL61201     		  PC SCHOLARSHIP FUND 10,000
    AUGUSTANA COLLEGE
    639 38TH STREET
    ROCK ISLAND,IL61201     		  PC SCHOLARSHIP FUND 10,000
    AUGUSTANA COLLEGE
    639 38TH STREET
    ROCK ISLAND,IL61201     		  PC SCHOLARSHIP FUND 10,000
    BOYS AND GIRLS CLUBS OF GREATER CINCINNATI
    600 DALTON AVENUE
    CINCINNATI,OH45202     		  PC PROGRAM SERVICES 20,000
    PROKIDS
    2605 BURNET AVENUE
    CINCINNATI,OH45219     		  PC PROGRAM SERVICES 275,000
    GILLESPIE COUNTY YOUTH LIVESTOCK SHOW ASSN
    182 CARDINAL LANE
    FREDERICKSBURG,TX78624     		  PC PROGRAM SERVICES 12,500
    FREDERICKSBURG ISD EDUCATION FOUNDATION
    PO BOX 3446
    FREDERICKSBURG,TX78624     		  PC PROGRAM SERVICES 10,000
    HILL COUNTRY COMMUNITY NEEDS COUNCIL
    PO BOX 73
    FREDERICKSBURG,TX78624     		  PC PROGRAM SERVICES 10,000
    BUSINESS JET CARESINC
    8611 LEMMON AVE
    DALLAS,TX75209     		  PC PROGRAM SERVICES 2,500
    XAVIER UNIVERSITY
    3800 VICTORY PARKWAY
    CINCINNATI,OH45207     		  PC SCHOLARSHIP FUND 200,000
    CHATFIELD COLLEGE
    20918 STATE ROUTE 251
    ST MARTIN,OH45118     		  PC PROGRAM SERVICES 230,000
    AUGUSTANA COLLEGE
    639 38TH STREET
    ROCK ISLAND,IL61201     		  PC PROGRAM SERVICES 225,000
    KENYON COLLEGE
    103 COLLEGE ROAD
    GAMBIER,OH43022     		  PC SCHOLARSHIP FUND 200,000
    OHIO STATE UNIVERSITY FOUNDATION
    1480 WEST LANE AVENUE
    COLUMBUS,OH43221     		  PC PROFESSORSHIP ENDOWMENT 800,000
    THE COLLEGE OF WOOSTER
    1101 N BEVER STREET
    WOOSTER,OH44691     		  PC LOWRY CENTER PROJECT 1,000,000
    DENISON UNIVERSITY
    100 WEST COLLEGE STREET
    GRANVILLE,OH43023     		  PC CAREER CENTER 500,000
    Total .................................bullet 3a 10,640,000
    bApproved for future payment
    AUGUSTANA COLLEGE
    639 38TH STREET
    ROCK ISLAND,IL61201     		  PC CONSTRUCTION OF PJL CENTER 8,000,000
    BALDWIN WALLACE
    275 EASTLAND ROAD
    BEREA,OH44017     		  PC SCIENCE BLDG 4,400,000
    CENTRE COLLEGE
    600 WEST WALNUT STREET
    DANVILLE,KY40422     		  PC CENTER FOR SCIENCE & MATH 150,000
    THE COLLEGE OF WOOSTER
    1101 N BEVER STREET
    WOOSTER,OH44691     		  PC LOWRY CENTER 4,000,000
    DENISON UNIVERSITY
    100 WEST COLLEGE STREET
    GRANVILLE,OH43023     		  PC CAREER CENTER 3,600,000
    DENISON UNIVERSITY
    100 WEST COLLEGE STREET
    GRANVILLE,OH43023     		  PC LAUNCH LAB 2,500,000
    Total .................................bullet 3b 22,650,000
    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 86,639  
    4 Dividends and interest from securities....     14 2,713,275  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 2,668,107  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 5,468,021 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,468,021
    (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

    Form 990PF Part XV Line 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
    DENISON UNIVERSITY100 WEST COLLEGE STREET
    GRANVILLE,OH43023     		  PC PROGRAM SERVICES 30,000
    ANGEL FLIGHT SOUTH CENTRALPO BOX 763760
    DALLAS,TX75376     		  PC PROGRAM SERVICES 10,000
    TEN THOUSAND VILLAGES704 MAIN STREET PO BOX 307
    AKRON,PA17501     		  PC PROGRAM SERVICES 100,000
    HUDSON LINK FOR HIGHER EDUCATIONPO BOX 862
    OSSINING,NY10562     		  PC PROGRAM SERVICES 10,000
    BIG BROTHERS BIG SISTERS OF GREATER CINCINNATI2400 READING ROAD SUITE 148
    CINCINNATI,OH45202     		  PC PROGRAM SERVICES 5,000
    MENNONITE CENTRAL COMMITTEE US21 SOUTH 12TH ST PO BOX 500
    AKRON,PA17501     		  PC PROGRAM SERVICES 100,000
    MOST VALUABLE KIDS OF GREATER CINCINNATI4623 WESLEY AVE SUITE F
    NORWOOD,OH45212     		  PC PROGRAM SERVICES 25,000
    CHILDHOOD FOOD SOLUTIONS2573 ST LEO PLACE
    CINCINNATI,OH45225     		  PC PROGRAM SERVICES 15,000
    CINCINNATI CHAMBER ORCHESTRA4046 HAMILTON AVE SUITE 200
    CINCINNATI,OH45223     		  PC PROGRAM SERVICES 25,000
    LIGHTHOUSE YOUTH SERVICES401 EAST MCMILLAN STREET
    CINCINNATI,OH45206     		  PC PROGRAM SERVICES 25,000
    TEN THOUSAND VILLAGES704 MAIN STREET PO BOX 307
    AKRON,PA17501     		  PC PROGRAM SERVICES 50,000
    AUGUSTANA COLLEGE639 38TH STREET
    ROCK ISLAND,IL61201     		  PC PROGRAM SERVICES 25,000
    STEPPING STONESINC5650 GIVEN ROAD
    CINCINNATI,OH45243     		  PC PROGRAM SERVICES 20,000
    DENISON UNIVERSITY100 WEST COLLEGE STREET
    GRANVILLE,OH43023     		  PC CAREER CENTER 1,500,000
    AUGUSTANA COLLEGE639 38TH STREET
    ROCK ISLAND,IL61201     		  PC HEALTH & WELLNESS CENTER 1,000,000
    CINCINNATI PLAYHOUSE IN THE PARK962 MT ADAMS CIRCLE
    CINCINNATI,OH45202     		  PC PROGRAM SERVICES 25,000
    LUZERNE MUSIC CENTER INC203 LAKE TOUR ROAD PO BOX 39
    LAKE LUZERNE,NY12846     		  PC PROGRAM SERVICES 15,000
    DRESS FOR SUCCESS CINCINNATI205 W 4TH STREET 900
    CINCINNATI,OH45202     		  PC PROGRAM SERVICES 5,000
    EXPERIMENTAL AIRCRAFT ASSOCIATION INCPO BOX 3086
    OSHKOSH,WI54903     		  PC PROGRAM SERVICES 100,000
    THE CINCINNATI BALLET COMPANY1555 CENTRAL PARKWAY
    CINCINNATI,OH45214     		  PC PROGRAM SERVICES 100,000
    GREATER CINCINNATI POLICE HISTORICAL SOCIETY308 READING SUITE 201
    CINCINNATI,OH45202     		  PC PROGRAM SERVICES 10,000
    GRAD CINCINNATI INC301 OAK STREET PO BOX 19477
    CINCINNATI,OH45219     		  PC PROGRAM SERVICES 5,000
    ACCELERATE GREAT SCHOOLS30 GARFIELD SUITE 700
    CINCINNATI,OH45202     		  PC PROGRAM SERVICES 5,000
    CINCINNATI NATURE CENTER4949 TEALTOWN ROAD
    MILFORD,OH45150     		  PC PROGRAM SERVICES 10,000
    SISTERS OF CHARITY SENIOR CARE DBA BAYLEY990 BAYLEY PLACE DRIVE
    CINCINNATI,OH45233     		  PC PROGRAM SERVICES 10,000
    BLUFFTON UNIVERSITY1 UNIVERSITY DRIVE
    BLUFFTON,OH45817     		  PC PROGRAM SERVICES 25,000
    RONALD REAGAN PRESIDENTIAL FND & INSTITUTE40 PRESIDENTIAL 200
    SIMI VALLEY,CA93065     		  PC PROGRAM SERVICES 100,000
    RONALD REAGAN PRESIDENTIAL FDN & INSTITUTE40 PRESIDENTIAL 200
    SIMI VALLEY,CA93065     		  PC PROGRAM SERVICES 100,000
    DENISON UNIVERSITY100 WEST COLLEGE STREET
    GRANVILLE,OH43023     		  PC KNOWLTON LAUNCH LAB 500,000
    FREDERICKSBURG COMMUNITY HEALTH CENTER DBA THE GOOD SAMARITAN CENTER140 INDUSTRIAL LOOP SUITE 100
    FREDERICKSBURG,TX78624     		  PC PROGRAM SERVICES 10,000
    EDUCATIONAL THEATRE ASSOCIATION FOUNDATION2343 AUBURN AVE
    CINCINNATI,OH45219     		  PC PROGRAM SERVICES 10,000
    CAMPING AND EDUCATION FOUNDATION3515 MICHIGAN AVENUE
    CINCINNATI,OH45208     		  PC PROGRAM SERVICES 50,000
    TEN THOUSAND VILLAGES OF CINCINNATI2011 MADISON ROAD
    CINCINNATI,OH45208     		  PC PROGRAM SERVICES 25,000
    TEN THOUSAND VILLAGES704 MAIN STREET PO BOX 307
    AKRON,PA17501     		  PC PROGRAM SERVICES 15,000
    MENNONITE CENTRAL COMMITTEE US21 SOUTH 12TH ST PO BOX 500
    AKRON,PA17501     		  PC PROGRAM SERVICES 10,000
    CITYLINK CENTER800 BANK STREET
    CINCINNATI,OH45214     		  PC PROGRAM SERVICES 20,000
    BALDWIN WALLACE UNIVERSITY275 EASTLAND ROAD
    BEREA,OH44017     		  PC STEM CENTER 2,000,000
    CENTRE COLLEGE600 WEST WALNUT STREET
    DANVILLE,KY40422     		  PC AEK CENTER 750,000
    OHIO STATE UNIVERSITY FOUNDATION1480 WEST LANE AVENUE
    COLUMBUS,OH43221     		  PC PROFESSORSHIP ENDOWMENT 200,000
    DENISON UNIVERSITY100 WEST COLLEGE STREET
    GRANVILLE,OH43023     		  PC ANNUAL FUND 40,000
    FRONTIERS OF FLIGHT MUSEUM INC6911 LEMON AVENUE
    DALLAS,TX75209     		  PC PROGRAM SERVICES 10,000
    GILLESPIE COUNTY FAIR & FESTIVALS ASSOCPO BOX 526
    FREDERICKSBURG,TX78624     		  PC SCHOLARSHIP FUND 10,000
    FORMER TEXAS RANGERS FOUNDATION103 INDUSTRIAL LOOP SUITE 700F
    FREDERICKSBURG,TX78624     		  PC PROGRAM SERVICES 10,000
    MADISON COMMUNITY FOUNDATION111 N FAIRCHILD ST SUITE 260
    MADISON,WI53703     		  PC ADVISED FUND 5,000
    AUGUSTANA COLLEGE639 38TH STREET
    ROCK ISLAND,IL61201     		  PC SCHOLARSHIP FUND 10,000
    AUGUSTANA COLLEGE639 38TH STREET
    ROCK ISLAND,IL61201     		  PC SCHOLARSHIP FUND 10,000
    AUGUSTANA COLLEGE639 38TH STREET
    ROCK ISLAND,IL61201     		  PC SCHOLARSHIP FUND 10,000
    AUGUSTANA COLLEGE639 38TH STREET
    ROCK ISLAND,IL61201     		  PC SCHOLARSHIP FUND 10,000
    BOYS AND GIRLS CLUBS OF GREATER CINCINNATI600 DALTON AVENUE
    CINCINNATI,OH45202     		  PC PROGRAM SERVICES 20,000
    PROKIDS2605 BURNET AVENUE
    CINCINNATI,OH45219     		  PC PROGRAM SERVICES 275,000
    GILLESPIE COUNTY YOUTH LIVESTOCK SHOW ASSN182 CARDINAL LANE
    FREDERICKSBURG,TX78624     		  PC PROGRAM SERVICES 12,500
    FREDERICKSBURG ISD EDUCATION FOUNDATIONPO BOX 3446
    FREDERICKSBURG,TX78624     		  PC PROGRAM SERVICES 10,000
    HILL COUNTRY COMMUNITY NEEDS COUNCILPO BOX 73
    FREDERICKSBURG,TX78624     		  PC PROGRAM SERVICES 10,000
    BUSINESS JET CARESINC8611 LEMMON AVE
    DALLAS,TX75209     		  PC PROGRAM SERVICES 2,500
    XAVIER UNIVERSITY3800 VICTORY PARKWAY
    CINCINNATI,OH45207     		  PC SCHOLARSHIP FUND 200,000
    CHATFIELD COLLEGE20918 STATE ROUTE 251
    ST MARTIN,OH45118     		  PC PROGRAM SERVICES 230,000
    AUGUSTANA COLLEGE639 38TH STREET
    ROCK ISLAND,IL61201     		  PC PROGRAM SERVICES 225,000
    KENYON COLLEGE103 COLLEGE ROAD
    GAMBIER,OH43022     		  PC SCHOLARSHIP FUND 200,000
    OHIO STATE UNIVERSITY FOUNDATION1480 WEST LANE AVENUE
    COLUMBUS,OH43221     		  PC PROFESSORSHIP ENDOWMENT 800,000
    THE COLLEGE OF WOOSTER1101 N BEVER STREET
    WOOSTER,OH44691     		  PC LOWRY CENTER PROJECT 1,000,000
    DENISON UNIVERSITY100 WEST COLLEGE STREET
    GRANVILLE,OH43023     		  PC CAREER CENTER 500,000
    Total ...............................bullet 3a 10,640,000
    bApproved for future payment
    AUGUSTANA COLLEGE639 38TH STREET
    ROCK ISLAND,IL61201     		  PC CONSTRUCTION OF PJL CENTER 8,000,000
    BALDWIN WALLACE275 EASTLAND ROAD
    BEREA,OH44017     		  PC SCIENCE BLDG 4,400,000
    CENTRE COLLEGE600 WEST WALNUT STREET
    DANVILLE,KY40422     		  PC CENTER FOR SCIENCE & MATH 150,000
    THE COLLEGE OF WOOSTER1101 N BEVER STREET
    WOOSTER,OH44691     		  PC LOWRY CENTER 4,000,000
    DENISON UNIVERSITY100 WEST COLLEGE STREET
    GRANVILLE,OH43023     		  PC CAREER CENTER 3,600,000
    DENISON UNIVERSITY100 WEST COLLEGE STREET
    GRANVILLE,OH43023     		  PC LAUNCH LAB 2,500,000
    Total ................................bullet 3b 22,650,000

    TY 2020 AccountingFeesSchedule
    Name:
    THE AUSTIN E KNOWLTON FOUNDATION INC
    EIN:
    31-1044475
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 22,250 11,125   11,125

    TY 2020 ExplnOfNonFilingWithAGStmt
    Name:
    THE AUSTIN E KNOWLTON FOUNDATION INC
    EIN:
    31-1044475
    Statement:
    THE OHIO ATTORNEY GENERAL DOES NOT REQUIRE PRIVATE FOUNDATIONS TO FURNISH A COPY OF FORM 990-PF. THE ANNUAL CHARITABLE REGISTRATION REPORT IS FILED EACH YEAR WITH THE OHIO ATTORNEY GENERAL. THE FOUNDATION IS IN COMPLIANCE WITH THE REQUIREMENT.

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE AUSTIN E KNOWLTON FOUNDATION INC
    EIN:
    31-1044475
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS FMV 156,027,478 156,027,478
    ALTERNATE INVESTMENTS FMV 19,658,503 19,658,503
    ALTERNATIVE INVESTMENTS - EMERALD INVESTMENTS PARTNERS AT COST 2,704,959 2,704,959
    ALTERNATIVE INVESTMENTS - HEDGE FUNDS FMV 30,324,768 30,324,768

    TY 2020 LegalFeesSchedule
    Name:
    THE AUSTIN E KNOWLTON FOUNDATION INC
    EIN:
    31-1044475
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 27,683 0   0


    TY 2020 OtherExpensesSchedule
    Name:
    THE AUSTIN E KNOWLTON FOUNDATION INC
    EIN:
    31-1044475
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES 1,365 0   1,365
    OH CHARITABLE FILING FEE 200 0   200
    OUTSIDE CONTRACT SERVICES 6,485 0   0
    OFFICE EXPENSES 10,142 0   8,537
    PARTNERSHIPS EXPENSES 0 166,714   0
    SUBSCRIPTIONS 5,752 0   5,752
    INSURANCE 36,527 0   25,569


    TY 2020 OtherIncomeSchedule2
    Name:
    THE AUSTIN E KNOWLTON FOUNDATION INC
    EIN:
    31-1044475
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIPS INCOME 0 448,818 0


    TY 2020 OtherIncreasesSchedule
    Name:
    THE AUSTIN E KNOWLTON FOUNDATION INC
    EIN:
    31-1044475
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 24,139,945


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE AUSTIN E KNOWLTON FOUNDATION INC
    EIN:
    31-1044475
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 752,056 752,056   0


    TY 2020 TaxesSchedule
    Name:
    THE AUSTIN E KNOWLTON FOUNDATION INC
    EIN:
    31-1044475
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 9,341 0   0
    PAYROLL TAXES 8,446 1,267   7,179