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
Reynolds Family Foundation
 
% 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

38-3739715
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$67,204,375J 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 16,271 16,271  
4 Dividends and interest from securities... 869,192 869,192  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 259,392
b Gross sales price for all assets on line 6a 5,999,720
7 Capital gain net income (from Part IV, line 2)... 372,354
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 256,927 71,104 750
12 Total. Add lines 1 through 11........ 1,401,782 1,328,921 750
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 64,001 64,001    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 115,204      
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 145,989 51,186   91,529
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 325,194 115,187   91,529
25 Contributions, gifts, grants paid....... 2,942,150 2,942,150
26 Total expenses and disbursements. Add lines 24 and 25 3,267,344 115,187   3,033,679
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,865,562
b Net investment income (if negative, enter -0-) 1,213,734
c Adjusted net income (if negative, enter -0-)... 750
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......... 3,586,019 2,349,058 2,349,058
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) 4,641,505 Click to see attachment4,034,019 4,212,269
b Investments—corporate stock (attach schedule)....... 26,640,087 Click to see attachment28,080,509 53,368,757
c Investments—corporate bonds (attach schedule)....... 3,622,710 Click to see attachment2,991,718 3,013,990
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,540,781 Click to see attachment2,762,736 4,160,301
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment150,000 Click to see attachment100,000 Click to see attachment100,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 42,181,102 40,318,040 67,204,375
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 42,181,102 40,318,040
29 Total net assets or fund balances (see instructions)..... 42,181,102 40,318,040
30 Total liabilities and net assets/fund balances (see instructions). 42,181,102 40,318,040
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
42,181,102
2
Enter amount from Part I, line 27a .....................
2
-1,865,562
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,500
4
Add lines 1, 2, and 3 ..........................
4
40,318,040
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
40,318,040
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 WOLCOTT-LENDER LLC P 2016-04-07 2020-04-27
d PARTNERSHIP DISTRIB IN EXCESS OF BASIS      
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 5,916,028   4,845,689 1,070,339
b       -735,785
c 83,692   83,692  
d       37,800
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       1,070,339
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 2 372,354
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 16,871
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 16,871
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 16,871
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 29,558
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 29,558
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 12,687
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet12,687 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)
    bulletFL
    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 Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Alison L Baird Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Timothy D Friedman Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Donald F Mintmire Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Patricia R Mintmire Managing Trustee
    1.0     		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
    Foundation Source Administrative 91,529
    55 Walls Drive 3rd Fl
    Fairfield,CT06824
    Atlantic Trust Company NA Investment MGT 64,001
    One South Wacker Dr Suite 3500
    CHICAGO,IL60606
    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
    53,818,458
    b
    Average of monthly cash balances.......................
    1b
    3,360,995
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,550,609
    d
    Total (add lines 1a, b, and c).........................
    1d
    60,730,062
    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
    60,730,062
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    910,951
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    59,819,111
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,990,956
    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
    2,990,956
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    16,871
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,871
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,974,085
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    52,500
    5
    Add lines 3 and 4............................
    5
    3,026,585
    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
    3,026,585
    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
    3,033,679
    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
    3,033,679
    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
    3,033,679
    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 3,026,585
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 2,972,800
    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$ 3,033,679
    a Applied to 2019, but not more than line 2a 2,972,800
    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..... 60,879
    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 ..........     		2,965,706
    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).)
    NONE
    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
    AIDS FOUNDATION OF CHICAGO
    200 W MONROE ST STE 1150
    CHICAGO,IL60606     		N/A PC Getting to Zero IL initiative 5,000
    AIDS FOUNDATION OF CHICAGO
    200 W MONROE ST STE 1150
    CHICAGO,IL60606     		N/A PC General & Unrestricted 1,000
    ALEXANDRIA HOUSE
    426 S ALEXANDRIA AVE
    LOS ANGELES,CA90020     		N/A PC General & Unrestricted 1,000
    ALEXS LEMONADE STAND FOUNDATION
    333 E LANCASTER AVE 414
    WYNNEWOOD,PA19096     		N/A PC General & Unrestricted 10,000
    AMERICAN CIVIL LIBERTIES UNION FOUNDATION OF FLORI
    4343 W FLAGLER ST STE 400
    CORAL GABLES,FL33134     		N/A PC General & Unrestricted 100,000
    AMERICAN JEWISH COMMITTEE
    70 W MADISON ST STE 3900
    CHICAGO,IL60602     		N/A PC Learned Hand Award 2,500
    AMERICANS UNITED FOR SEPARATION OF CHURCH AND STAT
    1310 L ST NW STE 200
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 1,000
    ANN & ROBERT H LURIE CHILDRENS HOSPITAL OF CHICAGO
    225 EAST CHICAGO AVE BOX 4
    CHICAGO,IL60611     		N/A PC General & Unrestricted 500
    ANTHONY RIZZO FAMILY FOUNDATION
    7670 NW 62ND WAY
    PARKLAND,FL33067     		N/A PC General & Unrestricted 10,000
    ANTI DEFAMATION LEAGUE FOUNDATION
    605 THIRD AVE
    NEW YORK,NY10158     		N/A PC Educational Program 5,000
    AQUARIUM OF THE PACIFIC
    100 AQUARIUM WAY
    LONG BEACH,CA90802     		N/A PC General & Unrestricted 2,000
    ART INSTITUTE OF CHICAGO
    111 S MICHIGAN AVE
    CHICAGO,IL60603     		N/A PC General & Unrestricted 500
    BIG BROTHERS BIG SISTERS OF GREATER LOS ANGELES IN
    3150 N SAN FERNANDO RD
    LOS ANGELES,CA90065     		N/A PC General & Unrestricted 2,000
    CALIFORNIA SCIENCE CENTER FOUNDATION
    700 EXPOSITION PARK DR
    LOS ANGELES,CA90037     		N/A PC General & Unrestricted 2,000
    CENTER FOR CHILD COUNSELING INC
    8895 N MILITARY TRAIL STE 300C
    PALM BEACH GARDENS,FL33410     		N/A PC General & Unrestricted 25,000
    CENTER FOR CHILD COUNSELING INC
    8895 N MILITARY TRAIL STE 300C
    PALM BEACH GARDENS,FL33410     		N/A PC The Emergency Relief Fund 50,000
    CENTER FOR CHILD COUNSELING INC
    8895 N MILITARY TRAIL STE 300C
    PALM BEACH GARDENS,FL33410     		N/A PC support of the endowment in perpetuity for Center for Child Counseling 100,000
    CENTER FOR CREATIVE EDUCATION
    425 24TH ST
    WEST PALM BCH,FL33407     		N/A PC General & Unrestricted 2,500
    CENTER FOR THE STUDY OF YOUNG PEOPLE IN GROUPS - T
    6500 WILSHIRE BLVD 1107
    LOS ANGELES,CA90048     		N/A PC General & Unrestricted 2,000
    CENTER ON HALSTED
    3656 N HALSTED
    CHICAGO,IL60613     		N/A PC General & Unrestricted 1,000
    CENTRAL INSTITUTE FOR THE DEAF
    825 S TAYLOR AVE
    SAINT LOUIS,MO63110     		N/A PC General & Unrestricted 25,000
    CHICAGO CHILD CARE SOCIETY
    5467 S UNIVERSITY AVE
    CHICAGO,IL60615     		N/A PC General & Unrestricted 500
    CHICAGO DANCERS UNITED
    200 WEST MONROE ST STE 1150
    CHICAGO,IL60606     		N/A PC General & Unrestricted 10,000
    CHICAGO HORTICULTURAL SOCIETY - CHICAGO BOTANIC GA
    1000 LAKE COOK RD
    GLENCOE,IL60022     		N/A PC General & Unrestricted 9,000
    CHICAGO PUBLIC EDUCATION FUND
    200 W ADAMS ST
    CHICAGO,IL60606     		N/A PC General & Unrestricted 10,000
    CHICAGO PUBLIC LIBRARY FOUNDATION
    200 W MADISON ST 3RD FL
    CHICAGO,IL60606     		N/A PC General & Unrestricted 1,000
    CHILDRENS DEFENSE FUND
    840 1ST ST NE STE 300
    WASHINGTON,DC20002     		N/A PC General & Unrestricted 5,000
    ENGAGING SCHOOLS INC
    23 GARDEN ST
    CAMBRIDGE,MA02138     		N/A PC General & Unrestricted 60,000
    EPILEPSY FOUNDATION OF NORTHERN CALIFORNIA
    909 MARINA VILLAGE PKWY 239
    ALAMEDA,CA94501     		N/A PC General & Unrestricted 1,000
    EQUALITY SHOULD BE NORMAL INC
    4133 S WABASH AVE
    CHICAGO,IL60653     		N/A PC General & Unrestricted 5,000
    EVANS SCHOLARS FOUNDATION
    2501 PATRIOT BLVD
    GLENVIEW,IL60026     		N/A PC General & Unrestricted 2,500
    FLORIDAS CHILDREN FIRST INC
    1401 N UNIVERSITY DR STE 408
    CORAL SPRINGS,FL33071     		N/A PC General & Unrestricted 5,000
    FOUNDCARE INC
    2330 S CONGRESS AVE
    WEST PALM BCH,FL33406     		N/A PC Comprehensive AIDS Program (CAP) 50,000
    FOUNDCARE INC
    2330 S CONGRESS AVE
    WEST PALM BCH,FL33406     		N/A PC General & Unrestricted 650
    FRANCIS W PARKER SCHOOL
    330 W WEBSTER AVE
    CHICAGO,IL60614     		N/A PC General & Unrestricted 45,000
    FRANCIS W PARKER SCHOOL
    330 W WEBSTER AVE
    CHICAGO,IL60614     		N/A PC Board Auction Fund 10,000
    FRANCIS W PARKER SCHOOL
    330 W WEBSTER AVE
    CHICAGO,IL60614     		N/A PC COVID Expense Relief 25,000
    FRIENDS OF THE MOUNTS BOTANICAL GARDEN INC
    559 N MILITARY TRL
    WEST PALM BCH,FL33415     		N/A PC General & Unrestricted 1,000
    FRIENDS OF WLRN INC
    172 NE 15TH ST
    MIAMI,FL33132     		N/A PC 101.9 operations in Palm Beach County 5,000
    FULCRUM POINT NEW MUSIC PROJECT
    410 S MICHIGAN AVE STE 943
    CHICAGO,IL60605     		N/A PC General & Unrestricted 7,500
    GARDEN SCHOOL FOUNDATION INC
    222 E GLENARM ST STE B2
    PASADENA,CA91106     		N/A PC General & Unrestricted 5,000
    GUS GIORDANOS JAZZ DANCE CHICAGO INC
    1754 N CLARK ST
    CHICAGO,IL60614     		N/A PC General & Unrestricted 10,000
    HARVARD LAMPOON TRUST UNDER DECLARATION OF TRUST
    PO BOX 380308
    CAMBRIDGE,MA02238     		N/A PC General & Unrestricted 20,000
    HIGH JUMP
    59 W N BLVD
    CHICAGO,IL60610     		N/A PC Charitable Event 10,000
    HIGH JUMP
    59 W N BLVD
    CHICAGO,IL60610     		N/A PC General & Unrestricted 125,000
    HISTORICAL SOCIETY OF PALM BEACH COUNTY
    PO BOX 4364
    WEST PALM BCH,FL33402     		N/A PC General & Unrestricted 2,500
    HOMEBOY INDUSTRIES
    130 BRUNO ST
    LOS ANGELES,CA90012     		N/A PC General & Unrestricted 20,000
    INTERNATIONAL BEETHOVEN PROJECT
    PO BOX 14149
    CHICAGO,IL60614     		N/A PC Beethoven Birthday Grant 5,000
    INTERNATIONAL BEETHOVEN PROJECT
    PO BOX 14149
    CHICAGO,IL60614     		N/A PC General & Unrestricted 7,500
    ISRAEL CANCER ASSOCIATION USA
    PO BOX 804
    PALM BEACH,FL33480     		N/A PC General & Unrestricted 5,000
    JACK THE BIKE MAN INC
    PO BOX 17565
    WEST PALM BEACH,FL33416     		N/A PC relocation expenses fund 2,500
    JACK THE BIKE MAN INC
    PO BOX 17565
    WEST PALM BEACH,FL33416     		N/A PC General & Unrestricted 2,500
    JEWISH FEDERATION OF PALM BEACH COUNTY INC
    1 HARVARD CIR SUITE 100
    WEST PALM BEACH,FL33409     		N/A PC General & Unrestricted 6,000
    JUILLIARD SCHOOL
    60 LINCOLN CENTER PLZ
    NEW YORK,NY10023     		N/A PC General & Unrestricted 500
    KCRW FOUNDATION INC
    1900 PICO BLVD
    SANTA MONICA,CA90405     		N/A PC General & Unrestricted 2,000
    LA GOAL
    4911 OVERLAND AVE
    CULVER CITY,CA90230     		N/A PC General & Unrestricted 1,000
    LAKEVIEW PANTRY
    3945 N SHERIDAN RD
    CHICAGO,IL60613     		N/A PC General & Unrestricted 26,000
    LAMBDA LEGAL DEFENSE AND EDUCATION FUND INC
    120 WALL ST 19TH FLO
    NEW YORK,NY10005     		N/A PC General & Unrestricted 15,000
    LARCHMONT SCHOOLS
    1265 NORTH FAIRFAX AVE
    WEST HOLLYWOOD,CA90046     		N/A PC General & Unrestricted 50,000
    LEGAL AID CHICAGO
    120 S LA SALLE ST STE 900
    CHICAGO,IL60603     		N/A PC General & Unrestricted 2,500
    LEGAL SERVICES CORPORATION
    3333 K ST NW 3RD FL
    WASHINGTON,DC20007     		N/A PC Justice Gap Study 25,000
    LEGAL SERVICES CORPORATION
    3333 K ST NW 3RD FL
    WASHINGTON,DC20007     		N/A PC General & Unrestricted 15,000
    LEWY BODY DEMENTIA ASSOCIATION INC
    912 KILLIAN HILL SW
    LILBURN,GA30047     		N/A PC General & Unrestricted 250
    LIVE LIKE KATIE FOUNDATION
    390 AMY CT
    GLEN ELLYN,IL60137     		N/A PC General & Unrestricted 25,000
    LOGGERHEAD MARINELIFE CENTER INC
    14200 US HWY 1
    JUNO BEACH,FL33408     		N/A PC General & Unrestricted 2,500
    LORDS PLACE INC
    2808 N AUSTRALIAN AVE
    WEST PALM BEACH,FL33407     		N/A PC General & Unrestricted 100,000
    LOS ANGELES YOUTH NETWORK LA YOUTH
    1853 TAFT AVE
    LOS ANGELES,CA90028     		N/A PC General & Unrestricted 5,000
    MAKE-A-WISH FOUNDATION OF ILLINOIS INC
    640 NORTH LA SALLE DRIVE STE 280
    CHICAGO,IL60654     		N/A PC General & Unrestricted 500
    MANDEL JEWISH COMMUNITY CENTER OF THE PALM BEACHES
    8500 S JOG RD
    BOYNTON BEACH,FL33472     		N/A PC Edward and Thelma Glantz Early Childhood Learning Center 3,000
    MARINE BIOLOGICAL LABORATORY
    7 MBL ST
    WOODS HOLE,MA02543     		N/A PC The Jerry M. Melillo Directorship in Environmental Science endowment in perpetuity fund 50,000
    MEDIA MATTERS FOR AMERICA
    PO BOX 52155
    WASHINGTON,DC20091     		N/A PC General & Unrestricted 25,000
    MORGAN PRESSEL FOUNDATION INC
    7559 FAIRMONT CT
    BOCA RATON,FL33496     		N/A PC General & Unrestricted 500
    MUSEUM OF SCIENCE AND INDUSTRY
    5700 S LAKE SHORE DR
    CHICAGO,IL60637     		N/A PC General & Unrestricted 2,500
    NAMI PALM BEACH COUNTY INC
    5205 GREENWOOD AVE STE 110
    WEST PALM BCH,FL33407     		N/A PC General & Unrestricted 5,000
    NATIONAL PARKS CONSERVATION ASSOCIATION
    777 6TH ST NW STE 700
    WASHINGTON,DC20001     		N/A PC General & Unrestricted 1,000
    NORTHWESTERN UNIVERSITY
    1201 DAVIS ST 3RD FLOOR
    EVANSTON,IL60208     		N/A PC 2020 Reynolds Family Foundation Commitment fund 100,000
    P S ARTS
    6701 CENTER DR W STE 550
    LOS ANGELES,CA90045     		N/A PC General & Unrestricted 25,000
    PALM BEACH CIVIC ASSOCIATION INC
    139 N COUNTY ROAD STE 33
    PALM BEACH,FL33480     		N/A PC General & Unrestricted 3,000
    PALM BEACH COUNTY FOOD BANK INC
    701 BOUTWELL RD STE A2
    LK WORTH BCH,FL33461     		N/A PC General & Unrestricted 140,000
    PALM BEACH DRAMAWORKS INC
    201 CLEMATIS ST
    WEST PALM BEACH,FL33401     		N/A PC General & Unrestricted 52,000
    PALM BEACH FELLOWSHIP OF CHRISTIANS
    PO BOX 507
    PALM BEACH,FL33480     		N/A PC General & Unrestricted 2,500
    PALM BEACH PUBLIC SCHOOL ORCHESTRAL STRINGS FOUNDA
    PO BOX 2825
    PALM BEACH,FL33480     		N/A PC General & Unrestricted 5,000
    PARK SCHOOL CORPORATION
    171 GODDARD AVE
    BROOKLINE,MA02445     		N/A PC General & Unrestricted 2,500
    PLANNED PARENTHOOD FEDERATION OF AMERICA INC
    123 WILLIAMS ST 10TH FL
    NEW YORK,NY10038     		N/A PC General & Unrestricted 100,000
    PLANNED PARENTHOOD OF ILLINOIS
    18 SOUTH MICHIGAN AVE NO 6TH F
    CHICAGO,IL60603     		N/A PC PPIL Generations Virtual Event 5,000
    PLANNED PARENTHOOD OF ILLINOIS
    18 SOUTH MICHIGAN AVE NO 6TH F
    CHICAGO,IL60603     		N/A PC General & Unrestricted 60,000
    PLANNED PARENTHOOD OF SOUTH FLORIDA AND THE TREASU
    2300 N FLORIDA MANGO RD
    WEST PALM BCH,FL33409     		N/A PC Second Century Campaign 300,000
    PLANNED PARENTHOOD OF SOUTH FLORIDA AND THE TREASU
    2300 N FLORIDA MANGO RD
    WEST PALM BCH,FL33409     		N/A PC Charitable Event 500
    PLANNED PARENTHOOD OF SOUTH FLORIDA AND THE TREASU
    2300 N FLORIDA MANGO RD
    WEST PALM BCH,FL33409     		N/A PC General & Unrestricted 507,500
    PRESERVATION FOUNDATION OF PALM BEACH INC
    311 PERUVIAN AVE
    PALM BEACH,FL33480     		N/A PC General & Unrestricted 1,000
    RAVINIA FESTIVAL ASSOCIATION
    418 SHERIDAN RD
    HIGHLAND PARK,IL60035     		N/A PC General & Unrestricted 2,500
    RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS IN
    701 OKEECHOBEE BLVD
    WEST PALM BCH,FL33401     		N/A PC General & Unrestricted 12,500
    RELIGIOUS COALITION FOR REPRODUCTIVE CHOICE EDUCAT
    1413 K ST NW 14TH FL
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 2,500
    RESPIRATORY HEALTH ASSOCIATION
    1440 W WASHINGTON BLVD
    CHICAGO,IL60607     		N/A PC General & Unrestricted 250
    RUSH UNIVERSITY MEDICAL CENTER
    1201 W HARRISON ST STE 300
    CHICAGO,IL60607     		N/A PC Research and education programs led by Dr. Jochen Reiser and his department 10,000
    SHARE OUR STRENGTH
    1030 15TH ST NW STE 1100W
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 35,000
    SHEDD AQUARIUM SOCIETY
    1200 S LAKE SHORE DR
    CHICAGO,IL60605     		N/A PC Shedd Academy Program 25,000
    SIMMONS UNIVERSITY
    300 THE FENWAY
    BOSTON,MA02115     		N/A PC Simmons School of Social Work Scholarship program for Master Degree candidate 10,000
    SKID ROW HOUSING TRUST
    1317 E 7TH ST
    LOS ANGELES,CA90021     		N/A PC General & Unrestricted 20,000
    SOCIETY OF THE FOUR ARTS
    2 FOUR ARTS PLZ
    PALM BEACH,FL33480     		N/A PC General & Unrestricted 5,000
    SOUTHERN CALIFORNIA COUNSELING CENTER
    5615 W PICO BLVD
    LOS ANGELES,CA90019     		N/A PC General & Unrestricted 1,000
    SOUTHERN POVERTY LAW CENTER INC
    400 WASHINGTON AVE
    MONTGOMERY,AL36104     		N/A PC General & Unrestricted 50,000
    START EARLY
    33 W MONROE ST STE 1200
    CHICAGO,IL60603     		N/A PC General & Unrestricted 1,000
    TEACH FOR AMERICA-CHICAGO
    300 WEST ADAMS ST SUITE 1000
    CHICAGO,IL60606     		N/A PC One Week For One Day Initiative 10,000
    THE DIAN FOSSEY GORILLA FUND INTERNATIONAL
    800 CHEROKEE AVE SE
    ATLANTA,GA30315     		N/A PC General & Unrestricted 5,000
    THE EDIBLE SCHOOLYARD PROJECT - DBA CHEZ PANISSE F
    1517 SHATTUCK AVE
    BERKELEY,CA94709     		N/A PC General & Unrestricted 5,000
    TIDES FOUNDATION
    PO BOX 399389
    SAN FRANCISCO,CA94139     		N/A PC Movement Voter Fund 75,000
    TOWN OF PALM BEACH
    360 S COUNTY ROAD
    PALM BEACH,FL33480     		N/A GOV Palm Beach Fire Rescue Department 1,000
    TOWN OF PALM BEACH UNITED WAY INC
    44 COCOANUT ROW STE 201
    PALM BEACH,FL33480     		N/A PC Planned Parenthood of South Florida and General & Unrestricted 25,000
    TOWN OF PALM BEACH UNITED WAY INC
    44 COCOANUT ROW STE 201
    PALM BEACH,FL33480     		N/A PC 2020 Town of Palm Beach United way Toy Drive 1,000
    TREE ACADEMY
    8628 HOLLOWAY DR
    W HOLLYWOOD,CA90069     		N/A PC General & Unrestricted 15,000
    TRINITY COLLEGE
    300 SUMMIT ST
    HARTFORD,CT06106     		N/A PC General & Unrestricted 1,000
    UNITED STATES FUND FOR UNICEF - SOUTHEAST REGIONAL
    1447 PEACHTREE ST NE STE 310
    ATLANTA,GA30309     		N/A PC General & Unrestricted 50,000
    UNIVERSITY OF CHICAGO
    5235 S HARPER COURT
    CHICAGO,IL60615     		N/A PC General & Unrestricted 5,000
    UNIVERSITY OF CHICAGO - SMART MUSEUM OF ART
    5550 SOUTH GREENWOOD AVE
    CHICAGO,IL60637     		N/A PC General & Unrestricted 1,000
    UNIVERSITY OF CHICAGO WOMEN'S BOARD
    5801 S ELLIS AVE ROOM 302
    CHICAGO,IL60637     		N/A PC General & Unrestricted 5,000
    UNIVERSITY OF KENTUCKY
    18 FUNKHOUSER BLDG
    LEXINGTON,KY40506     		N/A GOV College of Law Dean's Discretionary Fund 5,000
    VOTO LATINO FOUNDATION INC
    PO BOX 35608
    WASHINGTON,DC20033     		N/A PC General & Unrestricted 10,000
    WOLCOTT SCHOOL
    524 N WOLCOTT AVE
    CHICAGO,IL60622     		N/A PC General & Unrestricted 10,000
    WORLD CENTRAL KITCHEN INCORPORATED
    655 NEW YORK AVE NW 6TH FL
    WASHINGTON,DC20001     		N/A PC General & Unrestricted 60,000
    Total .................................bullet 3a 2,942,150
    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 16,271  
    4 Dividends and interest from securities....     14 869,192  
    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 -112,962 18 372,354  
    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 184,203 14 71,596  
    bINTEREST INCOME FROM PRI         750
    cCLASS ACTION LAWSUIT PROCEEDS     01 378  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 71,241 1,329,791 750
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,401,782
    (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.)
    11a INTEREST INCOME FROM PROGRAM RELATED INVESTMENT, GENERAL OPERATIONAL FUNDS TO SUPPORT THE EDUCATIONAL INSTITUTION, HIGH JUMP
    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:
    Reynolds Family Foundation
    EIN:
    38-3739715
    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:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Identifier Return Reference Explanation
    PART I LINE 6A (990-PF) PART I LINE 6A (990-PF) 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): $372,354 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $(112,962) ALLOCATED TO UBTI - ACQUISION INDEBTEDNESS NET GAIN/(LOSS): TOTAL PART I, LINE 6A: $259,392 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $5,916,028 BOOK BASIS: NET GAIN/(LOSS): $1,070,339 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $(735,785) SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $83,692 BOOK BASIS: NET GAIN/(LOSS): $- PARTNERSHIP DISTRIBUTION IN EXCESS OF BASIS NET GAIN/(LOSS): $37,800

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALPHABET INC - 3.625% - 05/19/ 272,832 253,238
    APPLE INC NOTE CALL - 3.350% - 316,068 342,233
    BERKSHIRE HATHAWAY INC DEL - 3 433,553 413,397
    BLACKROCK INC NOTE - 4.250% - 220,968 203,086
    CHASE SER 2016-3A - 2.027% - 0 253,102 250,621
    CISCO SYSTEMS INC - 3.625% - 0 206,132 219,890
    CITIBANK CCIT SER 2017-A7 - 1. 251,404 251,096
    INTEL CORP NOTE - 3.300% - 10/ 209,611 204,440
    MICROSOFT CORP - 3.125% - 11/0 283,192 307,434
    PFIZER INC NT - 3.400% - 05/15 263,147 274,728
    WAL-MART STORES INC - 3.700% - 281,709 293,827

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 285,161 360,660
    ADOBE SYSTEMS, INC 117,676 390,094
    ALPHABET INC CL A 158,193 362,796
    ALPHABET INC CL C 222,279 637,684
    AMAZON COM 299,696 1,420,021
    AMERICAN ELECTRIC POWER INC 246,868 225,578
    AMERICAN TOWER REIT INC 114,732 187,424
    AMERICAN WATER WORKS COMPANY I 185,819 223,759
    ANALOG DEVICES INC 169,335 297,380
    APPLE INC 159,592 796,140
    ASTRAZENECA 286,345 258,798
    AT MID CAP EQUITY FUND INSTITU 2,652,464 4,834,988
    AUTOMATIC DATA PROCESSING INC 97,881 219,898
    BLACKROCK INC 165,098 326,136
    CHARLES SCHWAB CORP 366,745 450,575
    CHEVRON CORP 209,232 147,619
    CIGNA CORPORATION 163,434 225,459
    CISCO SYSTEMS INC 256,183 403,958
    COLGATE-PALMOLIVE COMPANY 5,104,288 11,082,781
    COMCAST CORP 116,952 223,958
    DANAHER CORP 118,101 404,517
    DOLLAR GENERAL CORP 119,814 276,965
    ECOLAB INC 234,460 307,231
    FHLMC 8.375% PFD PERP 498,648 162,936
    FIDELITY NATIONAL INFORMATION 176,756 407,405
    FISERV INC 139,393 367,199
    FNMA 8.25% PFD SER S 502,253 162,591
    GM CP SR NT - 7.375% - 05/15/2 1,809  
    HOME DEPOT INC 145,858 369,212
    HONEYWELL INTL 305,651 500,058
    INTERCONTINENTAL EXCHANGE, INC 225,002 358,552
    ISHARE SP SMALL CAP 600 INDEX 987,308 2,481,300
    ISHARES S&P 500 INDEX FD 2,010,174 4,880,070
    ISHARES TR DJ SEL DIVIDEND INX 504,338 1,038,744
    ISHARES TR S & P MIDCAP 400 IN 999,030 2,505,147
    ISHARES TRUST RUSSELL 1000 GRO 112,684 443,215
    JOHNSON & JOHNSON 301,922 472,297
    JP MORGAN CHASE 148,683 429,497
    LINDE PLC COM 131,440 353,103
    MATTHEWS PACIFIC TIGER FUND I 1,428,200 1,833,871
    MEDTRONIC PLC 207,428 309,015
    MFS INSTITUTIONAL INVESTORS TR 1,059,932 1,202,804
    MICROSOFT CORP 199,776 1,248,888
    MONDELEZ INTERNATIONAL INC 304,875 340,295
    MOTORS LIQ CO GUC TR UBI   44
    NEXTERA ENERGY, INC 169,194 315,081
    OTIS WORLDWIDE CORP 145,244 195,827
    PEPSICO INC 192,220 319,735
    PIONEER NAT RES CO 213,295 149,993
    PNC FINANCIAL GROUP INC 206,632 247,191
    PRUDENTIAL PLC - 6.500% - PERP 25,550 28,890
    QUALCOMM INC 173,691 438,130
    RAYTHEON TECHNOLOGIES CORP 280,391 313,357
    ROPER INDUSTRIES 203,530 275,035
    S&P GLOBAL INC COM 209,900 206,771
    SALESFORCE.COM 153,474 256,132
    STRYKER CORPORATION 112,885 293,313
    T-MOBILE US INC 234,268 463,075
    TEXAS INSTRUMENTS INC 179,685 233,229
    THE BLACKSTONE GROUP INC CL A 278,267 366,112
    THERMO FISHER SCIENTIFIC INC 106,769 373,090
    TJX COMPANIES INC 205,776 346,708
    UNION PACIFIC 165,060 330,862
    UNITEDHEALTH GROUP INC 189,727 592,649
    US BANCORP 261,988 292,539
    V F CORP 107,949 198,578
    VANGUARD SM-CAP ETF 844,748 1,265,420
    VIRTUS EMERGING MARKETS OPPTS 274,338 409,711
    VISA INC 217,800 645,691
    WALT DISNEY HOLDINGS CO 194,951 246,767
    WASTE MANAGEMENT INC 281,327 308,505
    ZOETIS INC 210,342 325,704

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    US Government Securities - End of Year Book Value:

    4,034,019
    US Government Securities - End of Year Fair Market Value:

    4,212,269
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AP ENERGY INFRASTRUCTURE FD LL   2,690,043 3,450,933
    ENTERPRISE PRODUCTS PARTNERS L     636,675
    OMAHA VENTURES II LLC   13,986 13,986
    OMAHA VENTURES LLC   58,707 58,707

    TY 2020 OtherAssetsSchedule
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PRI HIGH JUMP   100,000 100,000


    TY 2020 OtherExpensesSchedule
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 91,529     91,529
    K-1 Exp AP ENERGY INFRASTRUCTU 54,460 51,186    


    TY 2020 OtherIncomeSchedule2
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss AP ENERGY INFRASTRUCTURE FD LLC 258,710 69,023  
    K-1 Inc/Loss ENTERPRISE PRODUCTS PARTNERS LP 20,050 1  
    K-1 Inc/Loss OMAHA VENTURES II LLC -674 -367  
    K-1 Inc/Loss OMAHA VENTURES LLC -22,488 1,868  
    K-1 Inc/Loss WOLCOTT-LENDER LLC 201 201  
    Class Action Lawsuit Proceeds 378 378  
    Interest Income from PRI 750   750


    TY 2020 OtherIncreasesSchedule
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Description Amount
    RETURNED GRANTS 2,500


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 64,001 64,001    


    TY 2020 TaxesSchedule
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 13,900      
    990-T Income Tax for 2019 89,500      
    IRS MISCELLANEOUS FEE 804      
    STATE INCOME TAX 2019 11,000