TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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 08-01-2020 , and ending 07-31-2021

Name of foundation
FERNANDEZ PAVE THE WAY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)CO 330 RUNAWAY FARM LANE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
HENDERSONVILLE, NC28792

A Employer identification number

20-5875641

B Telephone number (see instructions)

(305) 663-8343

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$24,148,205J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	139,765		139,765
4	Dividends and interest from securities...	263,699		263,699
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,152,377
b	Gross sales price for all assets on line 6a 5,655,616
7	Capital gain net income (from Part IV, line 2)...			1,152,377
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).......		4,466	4,466
12	Total. Add lines 1 through 11........	1,560,307		1,560,307
13	Compensation of officers, directors, trustees, etc.	87,124		17,425	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		165	165	0
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		6,913	1,581	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		178,373	154,625	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	272,575		173,796	0
25	Contributions, gifts, grants paid.......	827,500			827,500
26	Total expenses and disbursements. Add lines 24 and 25	1,100,075		173,796	827,500
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	460,232
b	Net investment income (if negative, enter -0-)			1,386,511
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	802,505	565,340	565,340
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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).......	7,597,734	9,491,813	18,418,663
	c	Investments—corporate bonds (attach schedule).......	3,562,285	3,900,612	4,039,884
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............	715	715	0
	13	Investments—other (attach schedule)..........	2,360,396	863,105	1,124,318
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	14,323,635	14,821,585	24,148,205
	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 )	16,277	53,995
	23	Total liabilities (add lines 17 through 22).........	16,277	53,995
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	14,307,358	14,767,590
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	0	0
	29	Total net assets or fund balances (see instructions).....	14,307,358	14,767,590
	30	Total liabilities and net assets/fund balances (see instructions).	14,323,635	14,821,585

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

14,307,358

Enter amount from Part I, line 27a .....................

460,232

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

14,767,590

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

14,767,590

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	VIATRIS INCORPORATED (VTRS)	P	2020-09-15	2021-02-03
b	PAYSAFE LIMITED ORD (BERMUDA) (PSFE)	P	2021-03-25	2021-04-13
c	SONY GROUP CORPORATION SPONSORED ADR (JAPAN)	P	2020-07-10	2021-05-14
d	TWITTER INCORPORATED (TWTR)	P	2019-03-15	2021-01-12
e	TWITTER INCORPORATED (TWTR)	P	2019-05-06	2021-01-12
	MASTEC INCORPORATED (MTZ)	P	2019-07-01	2021-01-14
	BOEING COMPANY (BA)	P	2019-11-14	2021-02-03
	PROGRESSIVE CORPORATION (PGR)	P	2017-11-29	2021-02-26
	HEICO CORPORATION NEW CLASS A (HEI.A)	P	2010-11-26	2021-03-25
	HEICO CORPORATION NEW CLASS A (HEI.A)	P	2011-05-09	2021-03-25
	ALPHABET INCORPORATED CAP STK CLASS C (GOOG)	P	2009-07-24	2021-05-17
	APPLE INCORPORATED (AAPL)	P	2008-05-01	2021-05-17
	DANAHER CORPORATION (DHR)	P	2009-06-08	2021-05-17
	MICROSOFT CORPORATION (MSFT)	P	2016-02-02	2021-05-17
	PAYPAL HLDGS INCORPORATED (PYPL)	P	2017-11-29	2021-05-17
	WASTE CONNECTIONS INCORPORATED (CANADA) (WCN)	P	2016-04-13	2021-05-17
	CARDLYTICS INCORPORATED (CDLX)	P	2020-07-17	2020-08-21
	BRISTOL-MYERS SQUIBB COMPANY CONTNGNT VAL RIGHT	P	2020-04-21	2020-08-24
	BRISTOL-MYERS SQUIBB COMPANY CONTNGNT VAL RIGHT	P	2020-04-27	2020-09-09
	DRAFTKINGS INCORPORATED COM CLASS A (DKNG)	P	2020-07-17	2020-09-14
	SAGE THERAPEUTICS INCORPORATED (SAGE)	P	2020-09-15	2020-11-16
	VIATRIS INCORPORATED (VTRS)	P	2020-09-15	2020-11-25
	SAGE THERAPEUTICS INCORPORATED (SAGE)	P	2020-08-18	2020-12-02
	HANESBRANDS INCORPORATED (HBI)	P	2020-08-18	2020-12-15
	HANESBRANDS INCORPORATED (HBI)	P	2020-11-11	2020-12-15
	ALPHABET INCORPORATED CAP STK CLASS C (GOOG)	P	2009-07-24	2020-09-09
	ALPHABET INCORPORATED CAP STK CLASS A (GOOGL)	P	2009-07-24	2020-09-09
	APPLE INCORPORATED (AAPL)	P	2008-05-01	2020-09-09
	UNITED INS HLDGS CORPORATION (UIHC)	P	2016-10-12	2020-09-10
	UNITED INS HLDGS CORPORATION (UIHC)	P	2019-09-06	2020-09-10
	TWITTER INCORPORATED (TWTR)	P	2019-03-15	2020-11-23
	DANAHER CORPORATION (DHR)	P	2009-06-08	2021-07-07
	LAUDER ESTEE COMPANIES	P	2017-02-21	2021-07-07
	PAPAL HLDGS INCORPORATED	P	2017-11-29	2021-07-07
	ST JOE COMPANY	P	2009-09-30	2021-07-07
	INTERNATIONAL BUSINESS MACHINES	P	2008-08-18	2021-07-07
	VIACOMCBS INCORPORATED	P	2021-04-06	2021-07-07
	SIMON PROPERTY GROUP LP	P	2019-10-21	2020-10-01
	HUNTINGTON BANCSHARES INCOPORATED	P	2017-11-30	2020-11-04
	AMERICAN EXPRESS CO (3MO LIBOR + 52.5BP) NTS FULL CALL	P	2020-04-21	2021-04-16
	REGIONS FINANCIAL CORPORATION NTS FULL CALL ISIN	P	2017-06-12	2021-01-22
	HUNTINGTON BANCSHARES INCORPORATED NTS FULL CALL	P	2017-11-30	2021-02-16
	DR. PEPPER SNAPPLE GROUP INC. NTS FULL CALL ISIN	P	2017-11-21	2021-03-16
	FMC TECHNOLOGIES, INC. NTS FULL CALL ISIN US30249UAB70	P	2016-09-19	2021-03-18
	DOMINION RESOURCES INC	P		2021-07-15
	NORDSTROM INC	P		2021-07-21
	ALPHABET INC	P		2020-08-05
	MAF GLOBAL EQUITY FUND	P		2020-08-13
	DEP ENERGIAS DE PORTUGAL	P		2020-08-20
	APPLE INC	P		2020-09-08
	SAP SE ADR	P		2020-09-10
	MAF GLOBAL EQUITY FUND	P		2020-09-14
	NOVARTIS	P		2020-09-22
	ROCHE HOLDING	P		2020-09-22
	LINDE PLC	P		2020-09-22
	CH ROBINSON WORLDWIDE	P		2020-09-25
	ICON PLC	P		2020-09-28
	ICON PLC	P		2020-09-28
	ICON PLC	P		2020-09-29
	RENTOKIL GROUP	P		2020-10-06
	ROCHE HOLDING	P		2020-10-06
	ERSTE GROUP BANK	P		2020-10-06
	SE SOPONSORED	P		2020-10-06
	TECHNOPRO HOLDINGS	P		2020-10-07
	CH ROBINSON WORLDWIDE	P		2020-10-07
	TECHNOPRO HOLDINGS	P		2020-10-13
	MAF GLOBAL EQUITY FUND	P		2020-10-14
	SOLAREDGE TECHNOLOGIES	P		2020-10-14
	ERSTE GROUP BANK	P		2020-10-14
	CH ROBINSON WORLDWIDE	P		2020-10-14
	TECHNOPRO HOLDINGS	P		2020-10-15
	SE SOPONSORED	P		2020-10-22
	SOLAREDGE TECHNOLOGIES	P		2020-10-22
	ERSTE GROUP BANK	P		2020-10-22
	CH ROBINSON WORLDWIDE	P		2020-10-27
	CH ROBINSON WORLDWIDE	P		2020-10-28
	AMERICAN EXPRESS CO	P		2020-11-03
	CH ROBINSON WORLDWIDE	P		2020-11-03
	CH ROBINSON WORLDWIDE	P		2020-11-04
	TECHNOPRO HOLDINGS	P		2020-11-09
	ERSTE GROUP BANK	P		2020-11-09
	HONEYWELL INTL INC	P		2020-11-09
	SE-SPONSORED	P		2020-11-10
	AMERICAN EXPRESS CO	P		2020-11-10
	NIDEC CORP	P		2020-11-12
	MAF GLOBAL EQUITY FUND	P		2020-11-14
	ADYEN	P		2020-11-16
	ALIBABA GROUP	P		2020-11-16
	SE-SPONSORED	P		2020-11-16
	SHISEIDO LTD	P		2020-11-17
	TECHNOPRO HOLDINGS	P		2020-11-17
	SE-SPONSORED	P		2020-11-19
	TECHNOPRO HOLDINGS	P		2020-11-20
	CH ROBINSON WORLDWIDE	P		2020-11-20
	SHISEIDO LTD	P		2020-11-23
	AMERICAN EXPRESS CO	P		2020-11-24
	TECHNOPRO HOLDINGS	P		2020-11-27
	AMERICAN EXPRESS CO	P		2020-11-27
	ULTA BEAUTY IN	P		2020-11-27
	NIDEC CORP	P		2020-12-03
	ROCHE HOLDINGS	P		2020-12-03
	MONOTARO CO	P		2020-12-04
	SOCIEDAD QUIMICA	P		2020-12-04
	AMERICAN EXPRESS	P		2020-12-04
	MONOTARO CO	P		2020-12-07
	AMERICAN EXPRESS	P		2020-12-09
	UNITED PARCEL SERVICE	P		2020-12-09
	AMERICAN EXPRESS	P		2020-12-10
	MAF GLOBAL EQUITY FUND	P		2020-12-14
	AMERICAN EXPRESS	P		2020-12-14
	COMCAST CORP	P		2020-12-14
	AKAMAI TECHNOLOGIES	P		2020-12-16
	AMERICAN EXPRESS	P		2020-12-16
	COMCAST CORP	P		2020-12-20
	ALIBABA GROUP	P		2020-12-24
	STONECO LTD	P		2020-12-24
	AKAMAI TECHNOLOGIES	P		2020-12-24
	SHISEIDO LTD	P		2020-12-28
	ALIBAB GROUP	P		2020-12-30
	SOCIEDAD QUIMICA	P		2020-12-31
	SOCIEDAD QUIMICA	P		2021-01-07
	COMCAST	P		2021-01-07
	THERMO FISHER CORP	P		2021-01-07
	ADYEN	P		2021-01-08
	MAF GLOBAL EQUITY FUND	P		2021-01-14
	THERMO FISHER CORP	P		2021-01-14
	UNITED PARCEL SERVICE	P		2021-01-14
	SOCIEDAD QUIMICA	P		2021-01-19
	COMCAST	P		2021-01-19
	COSTCO WHOLESALE CORP	P		2021-01-20
	ALEXON PHARMACEUTICALS	P		2021-01-20
	NOVARTIS	P		2021-01-26
	COSTCO WHOLESALE CORP	P		2021-01-26
	NOVARTIS	P		2021-01-27
	NOVARTIS	P		2021-01-29
	AKAMAI TECHNOOLOGIES	P		2021-02-01
	APPLE INC	P		2021-02-02
	COSTCO WHOLESALE	P		2021-02-02
	SOCIEDAD QUIMICA	P		2021-02-03
	ALEXON PHARMACEUTICALS	P		2021-02-05
	SOCIEDAD QUIMICA	P		2021-02-07
	UMICORE GROUP	P		2021-02-08
	ERSTE GROUP	P		2021-02-08
	ALEXON PHARMACEUTICALS	P		2021-02-09
	COSTCO WHOLESALE	P		2021-02-09
	SOCIEDAD QUIMICA	P		2021-02-10
	ERSTE GROUP	P		2021-02-10
	SOCIEDAD QUIMICA	P		2021-02-11
	ERSTE GROUP	P		2021-02-11
	MAF GLOBAL EQUITY FUND	P		2021-02-14
	ALEXON PHARMACEUTICALS	P		2021-02-16
	UMICORE GROUP	P		2021-02-17
	UMICORE GROUP	P		2021-02-22
	ALEXON PHARMACEUTICALS	P		2021-02-25
	KAO CORP	P		2021-03-03
	UMICORE GROUP	P		2021-03-03
	SHOPIFY INC	P		2021-03-03
	UMICORE GROUP	P		2021-03-04
	KAO CORP	P		2021-03-05
	ALEXON PHARMACEUTICALS	P		2021-03-05
	ALEXON PHARMACEUTICALS	P		2021-03-08
	KAO CORP	P		2021-03-09
	UMICORE GROUP	P		2021-03-10
	ALEXON PHARMACEUTICALS	P		2021-03-10
	MFO AIM INV TRRUST	P		2021-03-11
	MFO BLACKROCK FDS HIGH YIELD	P		2021-03-11
	UMICORE GROUP	P		2021-03-11
	ALEXON PHARMACEUTICALS	P		2021-03-11
	TEXAS INSTRUMENTS	P		2021-03-11
	MAF GLOBAL EQUITY FUND	P		2021-03-14
	UMICORE GROUP	P		2021-03-15
	SHOPIFY INC	P		2021-03-15
	SHOPIFY INC	P		2021-03-15
	KAO CORP	P		2021-03-16
	COSTCO WHOLESALE CORP	P		2021-03-24
	MAF GLOBAL EQUITY FUND	P		2021-03-31
	SLOREDGE TECHNOLOGIES	P		2021-04-01
	ADYEN	P		2021-04-05
	MAF GLOBAL EQUITY FUND	P		2021-04-14
	COMCAST CORP	P		2021-04-14
	COMCAST CORP	P		2021-04-16
	COMCAST CORP	P		2021-04-21
	TEXAS INSTRUMENTS	P		2021-04-22
	COMCAST CORP	P		2021-04-23
	COMCAST CORP	P		2021-04-27
	CELLNEX TELECOM	P		2021-05-04
	SOLAREDGE TECHNOLOGIES	P		2021-05-06
	SPOTIFY TECHNOLOGIES	P		2021-05-06
	TOKYO ELECTRON	P		2021-05-07
	THOMSON REUTERS CORP	P		2021-05-09
	MFO AIM INV TRRUST	P		2021-05-10
	MFO DOUBLELINE	P		2021-05-10
	TOKYO ELECTRON	P		2021-05-10
	NINTENDO LTD	P		2021-05-11
	SHPIFY INC	P		2021-05-11
	NINTENDO LTD	P		2021-05-12
	SOLAREDGE TECHNOLOGIES	P		2021-05-13
	SPOTIFY TECHNOLOGY	P		2021-05-13
	MAF GLOBAL EQUITY FUND	P		2021-05-14
	TOKYO ELECTRON	P		2021-05-14
	NINTENDO LTD	P		2021-05-17
	TOKYO ELECTRON	P		2021-05-17
	TEXAS INSTRUMENTS INC	P		2021-05-18
	TEXAS INSTRUMENTS INC	P		2021-05-19
	VESTAS WIND SYS	P		2021-05-20
	TEXAS INSTRUMENTS INC	P		2021-05-20
	TEXAS INSTRUMENTS INC	P		2021-05-21
	VESTAS WIND SYS	P		2021-05-25
	TEXAS INSTRUMENTS INC	P		2021-05-25
	VESTAS WIND SYS	P		2021-05-28
	TEXAS INSTRUMENTS INC	P		2021-05-28
	NTANIX INC	P		2021-06-01
	ULTA BEAUTY	P		2021-06-01
	ADYEN	P		2021-06-07
	ADYEN	P		2021-06-08
	MFB NORTHERN FUND	P		2021-06-11
	MFO INVESCO DEVELOPING	P		2021-06-11
	MAF GLOBAL EQUITY FUND	P		2021-06-14
	UNITEDHEALTH GROUP	P		2021-06-18
	KEYSIGHT TECHNOLOGIES INC.	P		2021-06-21
	SKYWORKS SOLUTIONS INC	P		2021-06-21
	XILINX INC	P		2021-06-21
	UNITEDHEALTH GROUP	P		2021-06-22
	WMWARE INC	P		2021-06-22
	GIVAUDAN SA	P		2021-06-29
	AMGEN INC	P		2021-07-02
	MFO BLACKROCK FDS HIGH YIELD	P		2021-07-06
	MFO INVESCO DEVELOPING	P		2021-07-06
	ADIDAS	P		2021-07-07
	ADYEN	P		2021-07-07
	AIA GROUP	P		2021-07-07
	AMADEUS IT GROUP	P		2021-07-07
	ASML HOLDINGS	P		2021-07-07
	ATLAS COPCO	P		2021-07-07
	BNP PARIBAS	P		2021-07-07
	BURBBERY GROUP	P		2021-07-07
	CELNEX TELECOM	P		2021-07-07
	COMPAS GROUP	P		2021-07-07
	CRH PLC	P		2021-07-07
	GIVAUDAN	P		2021-07-07
	HOYA CORP	P		2021-07-07
	INDUSTRIA DE SISENO TEXIL	P		2021-07-07
	INTESA SANPAOLO	P		2021-07-07
	JUST EAT TAKEAWAY	P		2021-07-07
	KBC GROUP	P		2021-07-07
	LOREAL SA	P		2021-07-07
	LEGRAND SA	P		2021-07-07
	LONDON STK EXCHANGE	P		2021-07-07
	MONOTARO CO	P		2021-07-07
	NESTLE SA	P		2021-07-07
	NIDEC CORP	P		2021-07-07
	NINTENDO LTD	P		2021-07-07
	NOVO-NORDISK	P		2021-07-07
	OCADO GROUP	P		2021-07-07
	RECRUIT HOLDINGS	P		2021-07-07
	RENTOKL GROPU	P		2021-07-07
	ROCHE HOLDINGS	P		2021-07-07
	SANDVK	P		2021-07-07
	SEA LTD	P		2021-07-07
	SHISEIDO LTD	P		2021-07-07
	TAIWAN SEMICONDUCTOR	P		2021-07-07
	TEAMVIEWER	P		2021-07-07
	TEMENOS	P		2021-07-07
	TENCENT HOLDINGS	P		2021-07-07
	TOKYO ELECTRONICS	P		2021-07-07
	AIRBUS SE	P		2021-07-07
	ALCON	P		2021-07-07
	ICON PLC	P		2021-07-07
	LINDE	P		2021-07-07
	STONECO LTD	P		2021-07-07
	TE CONNECTIVITY	P		2021-07-07
	THOMSON REUTERS CORP	P		2021-07-07
	WORLDLINE	P		2021-07-07
	ATLASSIAN CORP	P		2021-07-07
	CANADIAN PAC	P		2021-07-07
	ENERGIAS DE PORTUGAL	P		2021-07-07
	ELASTIC NV	P		2021-07-07
	FANUC CORP	P		2021-07-07
	GDR TELEPERFORMANCE	P		2021-07-07
	MAF GLOBAL EQUITY FUND	P		2021-07-14
	JUST EAT TAKEAWAY	P		2021-07-15
	VMWARE INC	P		2021-07-15
	AMGEN INC	P		2021-07-16
	AMGEN INC	P		2021-07-20
	GIVAUDAN SA	P		2021-07-23
	LEGRAND SA	P		2021-07-23
	ALTLASSIAN CORP	P		2021-07-23
	ELEASTIC	P		2021-07-23
	AIA GROUP	P		2021-07-29
	AMGEN INC	P		2021-07-30
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	5,524	4,839	685
b	38,953	43,110	-4,157
c	141,188	110,307	30,881
d	12,165	7,811	4,354
e	48,658	39,650	9,008
	199,680	129,930	69,750
	102,554	183,707	-81,153
	171,553	105,840	65,713
	31,359	2,754	28,605
	25,051	2,615	22,436
	46,095	4,449	41,646
	94,947	4,756	90,191
	79,814	7,672	72,142
	49,264	10,722	38,542
	54,754	17,519	37,235
	24,237	8,462	15,775
	129,591	113,965	15,626
	30,008	45,181	-15,173
	29,270	69,270	-40,000
	91,456	71,020	20,436
	73,288	58,855	14,433
	3	3	0
	68,141	51,919	16,222
	83,126	93,639	-10,513
	55,418	51,727	3,691
	30,963	4,449	26,514
	30,669	4,476	26,193
	98,927	5,390	93,537
	15,021	29,879	-14,858
	22,532	38,779	-16,247
	55,549	39,056	16,493
	91,595	8,159	83,436
	25,449	6,816	18,633
	7,256	1,947	5,309
	90,424	97,891	-7,467
	209,339	178,198	31,141
	66,195	66,855	-660
	99,014	99,109	-95
	37,300	37,116	184
	200,000	200,003	-3
	100,000	100,049	-49
	63,000	63,046	-46
	101,358	100,252	1,106
	104,702	99,200	5,502
	100,000	96,773	3,227
	100,000	104,310	-4,310
	16,167	12,817	3,350
	709	578	131
	436		436
	1,362	540	822
	6,886	4,948	1,938
	747	578	169
	5,917	5,423	494
	4,739	3,490	1,249
	4,966	3,542	1,424
	611	504	107
	720	456	264
	360	226	134
	1,641	1,010	631
	3,329	2,288	1,041
	2,842	2,213	629
	1,474	3,099	-1,625
	2,633	1,789	844
	3,149	3,241	-92
	415	332	83
	4,320	2,284	2,036
	728	578	150
	1,430	1,319	111
	1,859	3,748	-1,889
	633	487	146
	1,616	1,451	165
	1,361	1,038	323
	2,803	1,371	1,432
	1,634	3,063	-1,429
	598	486	112
	594	485	109
	808	1,060	-252
	527	484	43
	526	481	45
	1,673	1,371	302
	1,832	3,080	-1,248
	1,283	1,177	106
	6,930	6,474	456
	1,161	1,395	-234
	7,721	5,126	2,595
	733	578	155
	6,181	2,194	3,987
	6,102	4,136	1,966
	3,772	3,084	688
	4,344	5,128	-784
	1,422	969	453
	10,173	9,956	217
	1,467	971	496
	1,679	1,390	289
	3,148	3,309	-161
	900	908	-8
	3,127	2,305	822
	718	664	54
	284	236	48
	5,213	2,854	2,359
	4,368	3,796	572
	181	80	101
	3,545	4,311	-766
	606	554	52
	4,046	1,806	2,240
	740	664	76
	835	573	262
	1,112	997	115
	824	578	246
	609	554	55
	1,613	1,325	288
	312	227	85
	2,242	2,118	124
	914	733	181
	8,455	5,730	2,725
	9,501	4,864	4,637
	639	454	185
	1,563	1,609	-46
	12,912	10,211	2,701
	3,807	3,748	59
	1,966	1,386	580
	996	810	186
	953	585	368
	4,379	1,689	2,690
	873	576	297
	502	292	210
	1,113	802	311
	3,637	2,360	1,277
	1,048	850	198
	2,124	1,476	648
	2,212	1,973	239
	7,854	6,994	860
	1,453	984	469
	11,926	9,772	2,154
	15,211	13,213	1,998
	567	378	189
	2,115	786	1,329
	707	492	215
	1,505	783	722
	464	423	41
	1,589	736	853
	2,247	1,814	433
	4,033	4,020	13
	617	564	53
	1,066	738	328
	2,419	1,008	1,411
	3,117	2,499	618
	1,555	665	890
	3,123	2,087	1,036
	872	570	302
	463	423	40
	1,217	981	236
	1,182	973	209
	765	705	60
	8,202	9,146	-944
	3,499	2,631	868
	7,847	1,923	5,924
	3,731	2,501	1,230
	7,335	7,782	-447
	892	846	46
	899	789	110
	3,900	4,816	-916
	2,181	1,481	700
	903	702	201
	500,000	392,416	107,584
	300,000	288,805	11,195
	2,388	1,696	692
	2,291	1,706	585
	1,022	681	341
	896	570	326
	2,813	2,039	774
	5,691	1,563	4,128
	5,397	2,902	2,495
	3,649	4,389	-740
	4,680	3,435	1,245
	5,896	5,819	77
	4,468	2,565	1,903
	7,855	2,803	5,052
	927	570	357
	1,538	1,345	193
	1,285	1,039	246
	3,247	2,429	818
	926	568	358
	3,161	2,348	813
	1,580	1,170	410
	706	706	0
	3,303	1,793	1,510
	3,573	2,169	1,404
	1,887	976	911
	2,690	2,278	412
	100,000	73,832	26,168
	200,000	197,450	2,550
	4,515	2,354	2,161
	414	297	117
	21,139	6,919	14,220
	12,658	8,473	4,185
	6,522	3,201	3,321
	14,167	9,157	5,010
	976	567	409
	5,955	3,158	2,797
	7,808	5,954	1,854
	5,706	3,213	2,493
	718	454	264
	1,080	681	399
	7,623	7,193	430
	901	568	333
	905	568	337
	5,406	4,964	442
	925	558	367
	6,211	5,349	862
	2,254	1,306	948
	544	630	-86
	1,018	693	325
	5,321	2,577	2,744
	1,039	486	553
	75,000	67,584	7,416
	175,000	125,031	49,969
	987	567	420
	1,606	1,166	440
	150	142	8
	172	170	2
	802	748	54
	780	508	272
	771	927	-156
	2,848	285	2,563
	1,217	1,169	48
	100,000	93,062	6,938
	100,000	72,118	27,882
	4,881	4,386	495
	2,227	950	1,277
	7,374	6,057	1,317
	4,693	5,138	-445
	8,247	3,629	4,618
	4,398	4,261	137
	4,458	5,007	-549
	3,569	3,396	173
	2,389	2,282	107
	3,302	3,499	-197
	4,201	3,982	219
	3,568	2,642	926
	4,020	2,877	1,143
	3,677	3,729	-52
	998	1,029	-31
	2,701	3,267	-566
	2,385	2,239	146
	5,304	3,442	1,862
	4,495	3,334	1,161
	5,476	5,009	467
	1,808	1,267	541
	8,429	7,307	1,122
	2,684	1,551	1,133
	3,011	2,066	945
	5,165	3,858	1,307
	1,895	2,779	-884
	3,628	3,829	-201
	3,756	3,241	515
	4,830	4,581	249
	960	1,014	-54
	1,373	1,316	57
	3,588	3,159	429
	5,469	2,397	3,072
	2,864	3,748	-884
	2,910	2,862	48
	3,112	2,660	452
	2,852	1,531	1,321
	3,955	4,336	-381
	4,648	4,946	-298
	4,323	3,174	1,149
	6,131	3,912	2,219
	3,145	1,712	1,433
	5,248	5,271	-23
	3,394	2,485	909
	2,933	2,875	58
	3,416	2,405	1,011
	4,026	3,919	107
	4,956	4,325	631
	3,956	1,966	1,990
	4,523	4,779	-256
	4,316	2,493	1,823
	1,006	567	439
	9	11	-2
	610	741	-131
	1,213	1,136	77
	497	451	46
	2,623	1,645	978
	3,280	2,339	941
	3,747	2,727	1,020
	1,875	946	929
	6,044	5,302	742
	490	451	39
	21,672		21,672

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			685
b			-4,157
c			30,881
d			4,354
e			9,008
			69,750
			-81,153
			65,713
			28,605
			22,436
			41,646
			90,191
			72,142
			38,542
			37,235
			15,775
			15,626
			-15,173
			-40,000
			20,436
			14,433
			0
			16,222
			-10,513
			3,691
			26,514
			26,193
			93,537
			-14,858
			-16,247
			16,493
			83,436
			18,633
			5,309
			-7,467
			31,141
			-660
			-95
			184
			-3
			-49
			-46
			1,106
			5,502
			3,227
			-4,310
			3,350
			131
			436
			822
			1,938
			169
			494
			1,249
			1,424
			107
			264
			134
			631
			1,041
			629
			-1,625
			844
			-92
			83
			2,036
			150
			111
			-1,889
			146
			165
			323
			1,432
			-1,429
			112
			109
			-252
			43
			45
			302
			-1,248
			106
			456
			-234
			2,595
			155
			3,987
			1,966
			688
			-784
			453
			217
			496
			289
			-161
			-8
			822
			54
			48
			2,359
			572
			101
			-766
			52
			2,240
			76
			262
			115
			246
			55
			288
			85
			124
			181
			2,725
			4,637
			185
			-46
			2,701
			59
			580
			186
			368
			2,690
			297
			210
			311
			1,277
			198
			648
			239
			860
			469
			2,154
			1,998
			189
			1,329
			215
			722
			41
			853
			433
			13
			53
			328
			1,411
			618
			890
			1,036
			302
			40
			236
			209
			60
			-944
			868
			5,924
			1,230
			-447
			46
			110
			-916
			700
			201
			107,584
			11,195
			692
			585
			341
			326
			774
			4,128
			2,495
			-740
			1,245
			77
			1,903
			5,052
			357
			193
			246
			818
			358
			813
			410
			0
			1,510
			1,404
			911
			412
			26,168
			2,550
			2,161
			117
			14,220
			4,185
			3,321
			5,010
			409
			2,797
			1,854
			2,493
			264
			399
			430
			333
			337
			442
			367
			862
			948
			-86
			325
			2,744
			553
			7,416
			49,969
			420
			440
			8
			2
			54
			272
			-156
			2,563
			48
			6,938
			27,882
			495
			1,277
			1,317
			-445
			4,618
			137
			-549
			173
			107
			-197
			219
			926
			1,143
			-52
			-31
			-566
			146
			1,862
			1,161
			467
			541
			1,122
			1,133
			945
			1,307
			-884
			-201
			515
			249
			-54
			57
			429
			3,072
			-884
			48
			452
			1,321
			-381
			-298
			1,149
			2,219
			1,433
			-23
			909
			58
			1,011
			107
			631
			1,990
			-256
			1,823
			439
			-2
			-131
			77
			46
			978
			941
			1,020
			929
			742
			39
			21,672

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	1,152,377
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 ...................		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

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	19,273
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	19,273
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	19,273
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	10,526
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	10,526
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	8,747
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. Click to see attachment

...............................

Yes

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

ANA F BURAGLIA Telephone no. bullet

(305) 663-8343

Located at bullet

3109 GRAND AVENUE 309MIAMIFL ZIP+4 bullet

33133

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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-)
JOSE L FERNANDEZ	PRESIDENT 1.00	0
3109 GRAND AVENUE 309 MIAMI,FL33133	PRESIDENT 1.00	0
KATHLEEN FERNANDEZ	VICE PRESIDENT 1.00	0
3109 GRAND AVENUE 309 MIAMI,FL33133	VICE PRESIDENT 1.00	0
ANA F BURAGLIA	SECRETARY 40.00	87,124
3109 GRAND AVENUE 309 MIAMI,FL33133	SECRETARY 40.00	87,124
JOSEPH MICHAEL FERNANDEZ	TREASURER 1.00	0
3109 GRAND AVENUE 309 MIAMI,FL33133	TREASURER 1.00	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

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............. 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)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

19,967,222

Average of monthly cash balances.......................

865,352

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

20,832,574

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

20,832,574

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

312,489

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

20,520,085

Minimum investment return. Enter 5% of line 5..................

1,026,004

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.)

Minimum investment return from Part X, line 6....................

1,026,004

Tax on investment income for 2020 from Part VI, line 5......

19,273

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

19,273

Distributable amount before adjustments. Subtract line 2c from line 1............

1,006,731

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

1,006,731

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

1,006,731

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

827,500

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

827,500

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

827,500

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)

Page 9

Part XIII

Undistributed Income (see instructions)

	(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7				1,006,731
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......			827,346
b Total for prior years:20, 20, 20		0
3 Excess distributions carryover, if any, to 2020:
a From 2015......
b From 2016......
c From 2017......
d From 2018......
e From 2019......
fTotal of lines 3a through e........	0
4Qualifying distributions for 2020 from Part
XII, line 4: $ 827,500
a Applied to 2019, but not more than line 2a			827,346
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.....				154
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2020.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........		0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......		0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........		0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............			0
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........				1,006,577
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......	0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...	0
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2016....
b Excess from 2017....
c Excess from 2018....
d Excess from 2019....
e Excess from 2020....

Form 990-PF (2020)

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AMERICANS FOR IMMIGRANT JUSTICE 3000 BISCACAYNE BLVD 400 MIAMI,FL33137	NONE	501(C)(3)	CHARITABLE PURPOSE	100,000
ARTBA TRANSPORTATION DEVELOPMENT FOUNDATION 250 E STREET SW SUITE 900 WASHINGTON,DC20024	NONE	501(C)(3)	CHARITABLE PURPOSE	25,000
CARE ELEMENTARY 2025 NW 1ST AVE MIAMI,FL33127	NONE	501(C)(3)	CHARITABLE PURPOSE	100,000
COMMUNITY FOOD PANTRY PO BOX 70 EDNEYVILLE,NC28727	NONE	501(C)(3)	CHARITABLE PURPOSE	2,500
FIU FOUNDATION 11200 SW 8TH STREET MIAMI,FL33199	NONE	501(C)(3)	CHARITABLE PURPOSE	18,000
HUMANE SOCIETY OF GREATER MIAMI 16101 W DIXIE HIGHWAY MIAMI BEACH,FL33160	NONE	501(C)(3)	CHARITABLE PURPOSE	5,000
ICU BABY 711 CRANDON BLVD PH1 KEY BISCAYNE,FL33149	NONE	501(C)(3)	CHARITABLE PURPOSE	10,000
JACK AND JILL CHILDREN'S CENTER 1315 W BROWARD BLVD FORT LAUDERDALE,FL33312	NONE	501(C)(3)	CHARITABLE PURPOSE	100,000
JAMIE'S RESCUE PO BOX 530184 MIAMI,FL33153	NONE	501(C)(3)	CHARITABLE PURPOSE	5,000
PYRENEES RESCUE OF WESTERN NC 5122 BOLICK ROAD CLAREMONT,NC28610	NONE	501(C)(3)	CHARITABLE PURPOSE	25,000
TOUCHING MIAMI WITH LOVE PO BOX 01-3279 MIAMI,FL33101	NONE	501(C)(3)	CHARITABLE PURPOSE	120,000
TRUE RIDGE 110 EDNEY STREET UNIT A HENDERSONVILLE,NC28792	NONE	501(C)(3)	CHARITABLE PURPOSE	35,000
UNDOCUFUND PO BOX 503 GRATON,CA95444	NONE	501(C)(3)	CHARITABLE PURPOSE	5,000
UNIVERSITY OF MIAMI PO BOX 248106 CORAL GABLES,FL33143	NONE	501(C)(3)	CHARITABLE PURPOSE	50,000
CONSERVING CAROLINA 847 CASE STREET HENDERSONVILLE,NC28792	NONE	501(C)(3)	CHARITABLE PURPOSE	75,000
RESTORATIVE PARTNERS 3196 SOUTH HIGUERA STREET SUITE D SAN LUIS OBISPO,CA93401	NONE	501(C)(3)	CHARITABLE PURPOSE	25,000
THE MIAMI FOUNDATION INC 40 NW 3RD STREET 305 MIAMI,FL33128	NONE	501(C)(3)	CHARITABLE PURPOSE	75,000
ST THOMAS UNIVERSITY 16401 NW 37TH AVENUE MIAMI GARDENS,FL33054	NONE	501(C)(3)	CHARITABLE PURPOSE	50,000
MISCELLANEOUS CHARITIES 330 RUNAWAY FARM LANE HENDERSONVILLE,NC28792	NONE	501(C)(3)	CHARITABLE PURPOSE	2,000
Total ................................. 3a				827,500

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	139,765
4 Dividends and interest from securities....			14	263,699
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.....			14	4,466
8 Gain or (loss) from sales of assets other than inventory ............			18	1,152,377
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		1,560,307	0

13Total. Add line 12, columns (b), (d), and (e)..................

1,560,307

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

FERNANDEZ PAVE THE WAY FOUNDATION

EIN:

20-5875641

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	165	165		0

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

FERNANDEZ PAVE THE WAY FOUNDATION

EIN:

20-5875641

Name of Bond	End of Year Book Value	End of Year Fair Market Value
COPORATE BONDS	3,900,612	4,039,884

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

FERNANDEZ PAVE THE WAY FOUNDATION

EIN:

20-5875641

Name of Stock	End of Year Book Value	End of Year Fair Market Value
CORPORATE STOCK	9,491,813	18,418,663

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

FERNANDEZ PAVE THE WAY FOUNDATION

EIN:

20-5875641

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS	AT COST	863,105	1,124,318

- TIN:

TY 2020 OtherExpensesSchedule

Name:

FERNANDEZ PAVE THE WAY FOUNDATION

EIN:

20-5875641

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BANK,INVESTMENT AND MGT.FEES	154,625	154,625		0
OFFICE SUPPLIES & EXPENSE	23,748	0		0

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

FERNANDEZ PAVE THE WAY FOUNDATION

EIN:

20-5875641

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
MADDOFF RECOVERY FUND	4,466	4,466	4,466

- TIN:

TY 2020 OtherLiabilitiesSchedule

Name:

FERNANDEZ PAVE THE WAY FOUNDATION

EIN:

20-5875641

Description	Beginning of Year - Book Value	End of Year - Book Value
ADVANCES PAYABLE	10,817	10,817
PAYROLL TAXES WITHHELD	5,460	7,415
ACCRUED EXPENSES	0	35,763

- TIN:

TY 2020 SubstantialContributorsSch

Name:

FERNANDEZ PAVE THE WAY FOUNDATION

EIN:

20-5875641

Name	Address
JOSE KATHLEEN FERNANDEZ	820 SAN PEDRO AVENUE CORAL GABLES,FL33156

- TIN:

TY 2020 TaxesSchedule

Name:

FERNANDEZ PAVE THE WAY FOUNDATION

EIN:

20-5875641

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PAYROLL TAXES	6,665	1,333		0
TAXES	248	248		0