Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
The Helis Foundation
 
% MICHAEL F SCHOTT
Number and street (or P.O. box number if mail is not delivered to street address)201 St Charles Avenue Suite 2600
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
New Orleans, LA70170
A Employer identification number

72-6020536
B Telephone number (see instructions)

(504) 523-1831
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$85,832,648J 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 129 129  
4 Dividends and interest from securities... 1,262,593 1,262,593  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 143,868
b Gross sales price for all assets on line 6a 17,158,008
7 Capital gain net income (from Part IV, line 2)... 143,868
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 692,717 150,314  
12 Total. Add lines 1 through 11........ 2,099,307 1,556,904  
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)......... 49,228 0 0 49,228
b Accounting fees (attach schedule)....... Click to see attachment 62,283 17,500 0 29,783
c Other professional fees (attach schedule).... Click to see attachment 670,740 285,500   375,240
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 49,616 31,784    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 13,741     13,741
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 232,521 18,023   214,498
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,078,129 352,807 0 682,490
25 Contributions, gifts, grants paid....... 2,650,842 2,650,842
26 Total expenses and disbursements. Add lines 24 and 25 3,728,971 352,807 0 3,333,332
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,629,664
b Net investment income (if negative, enter -0-) 1,204,097
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 317,569 730,429 730,429
3 Accounts receivable bullet45,540
Less: allowance for doubtful accounts bullet   0 45,540 45,540
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.......... 16,768 38,936 38,936
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 492,381 Click to see attachment492,381 289,782
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 74,662,426 Click to see attachment72,493,371 82,410,483
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment2,421,869 Click to see attachment2,317,478 Click to see attachment2,317,478
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 77,911,013 76,118,135 85,832,648
Liabilities 17 Accounts payable and accrued expenses.......... 45,214 0
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment643,000 Click to see attachment525,000
23 Total liabilities (add lines 17 through 22)......... 688,214 525,000
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........... 10,786,284 10,254,180
25 Net assets with donor restrictions............ 66,436,515 65,338,955
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 77,222,799 75,593,135
30 Total liabilities and net assets/fund balances (see instructions). 77,911,013 76,118,135
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
77,222,799
2
Enter amount from Part I, line 27a .....................
2
-1,629,664
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
75,593,135
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
75,593,135
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 1250.56 POLARIS GLOBAL VALUE - THF P   2020-02-12
b 9267.84 PRINCIPAL GLOBAL REAL ESTATE - THF P   2020-02-12
c 1081.90 TEMPLETON GLOBAL TOTAL RETURN - THF P   2020-02-12
d 3034.60 TEMPLETON GLOBAL TOTAL RETURN - THF P   2020-08-07
e 3300.92 AMERICAN FD CAP WORLD GROWTH - THF P   2020-02-12
5073.49 AMERICAN FD NEW PERSPECTIVE - THF P   2020-02-12
1462.37 AMERICAN SMALL CAP WORLD FUND - THF P 2007-11-15 2020-02-12
6048.23 FS ENERGY & POWER FUND - THF P 2013-03-04 2020-01-16
2456.35 FS GLOBAL CREDIT OPP - THF P 2014-01-29 2020-01-16
2945.26 FS GLOBAL CREDIT OPP - THF P 2014-01-29 2020-04-03
2744.21 FS GLOBAL CREDIT OPP - THF P 2014-01-29 2020-07-06
2097.84 FS GLOBAL CREDIT OPP - THF P 2014-01-29 2020-10-08
7704.74 OAKMARK GLOBAL SELECT FND - THF P 2014-01-17 2020-02-12
2381.14 POLARIS GLOBAL VALUE - THF P   2020-02-12
44182.21 TEMPLETON GLOBAL TOTAL RETURN - THF P   2020-02-12
63062.49 TEMPLETON GLOBAL TOTAL RETURN - THF P   2020-08-07
SCHWAB CAPITAL GAIN DISTRIBUTION - THF P   2020-12-31
HRJ GLOBAL BUY-OUT US K-1 - THF P   2020-12-31
HRJ GLOBAL BUY-OUT US K-1 - THF P   2020-12-31
HRJ GLOBAL BUY-III ASIA K-1 - THF P   2020-12-31
HRJ GLOBAL BUY-III ASIA NM K-1 - THF P   2020-12-31
HRJ GLOBAL BUY-III EUROPE K-1 - THF P   2020-12-31
PAS REAL ESTATE FD V K-1 - THF P   2020-12-31
PAS REAL ESTATE FD VII K-1 - THF P   2020-12-31
HRJ GLOBAL BUY-OUT US K-1 - DHH P   2020-12-31
HRJ GLOBAL BUY-OUT US K-1 - DHH P   2020-12-31
HRJ GLOBAL BUY-III ASIA K-1 - DHH P   2020-12-31
HRJ GLOBAL BUY-III ASIA NM K-1 - DHH P   2020-12-31
HRJ GLOBAL BUY-III EUROPE K-1 - DHH P   2020-12-31
PAS REAL ESTATE FD V K-1 - DHH P   2020-12-31
PAS REAL ESTATE FD VII K-1 - DHH P   2020-12-31
HARBORWALK V20 K-1 - DHH P   2020-12-31
3054.20 POLARIS GLOBAL VALUE - DHH P   2020-02-12
13901.76 PRINCIPAL GLOBAL REAL ESTATE - DHH P   2020-02-12
8979.24 TEMPLETON GLOBAL TOTAL RETURN - DHH P   2020-02-12
7536.57 TEMPLETON GLOBAL TOTAL RETURN - DHH P   2020-08-07
5236.58 AMERICAN FD CAP WORLD GROWTH - DHH P   2020-02-12
7851.82 AMERICAN FD NEW PERSPECTIVE - DHH P   2020-02-12
2053.89 AMERICAN SMALL CAP WORLD FUND - DHH P   2020-02-12
16400.63 FS ENERGY & POWER FUND - DHH P 2014-01-26 2020-01-16
6491.79 FS GLOBAL CREDIT OPP - DHH P 2014-01-29 2020-01-16
7783.90 FS GLOBAL CREDIT OPP - DHH P 2014-01-29 2020-04-03
7252.56 FS GLOBAL CREDIT OPP - DHH P 2014-01-29 2020-07-06
5544.29 FS GLOBAL CREDIT OPP - DHH P 2014-01-29 2020-10-08
8890.09 OAKMARK GLOBAL SELECT FND - DHH P   2020-02-12
173.98 POLARIS GLOBAL VALUE - DHH P   2020-02-12
123079.05 TEMPLETON GLOBAL TOTAL RETURN - DHH P   2020-02-12
165592.19 TEMPLETON GLOBAL TOTAL RETURN - DHH P   2020-08-07
149308.77 SCHWAB VARIABLE SHARE - DHH P   2020-06-22
499800.08 SCHWAB VARIABLE SHARE - DHH P   2020-01-07
50005 SCHWAB VARIABLE SHARE - DHH P   2020-03-31
601.29 SCHWAB VARIABLE SHARE - DHH P   2020-06-22
249900.04 SCHWAB VARIABLE SHARE - DHH P   2020-09-25
149955.01 SCHWAB VARIABLE SHARE - DHH P   2020-12-08
249925.02 SCHWAB VARIABLE SHARE - DHH     2020-12-16
29133.34 SCHWAB VARIABLE SHARE - AHM P   2020-01-07
99940.04 SCHWAB VARIABLE SHARE - AHM P   2020-06-22
149925.04 SCHWAB VARIABLE SHARE - AHM P 2020-02-14 2020-07-15
249875.06 SCHWAB VARIABLE SHARE - AHM P   2020-09-25
99960.02 SCHWAB VARIABLE SHARE - AHM P   2020-10-19
99970.01 SCHWAB VARIABLE SHARE - AHM P   2020-12-07
149955.01 SCHWAB VARIABLE SHARE - AHM P   2020-12-08
99970.01 SCHWAB VARIABLE SHARE - AHM P   2020-12-16
1387.77 POLARIS GLOBAL VALUE - AHM P   2020-02-12
12041.84 TEMPLETON GLOBAL TOTAL RETURN - AHM P   2020-02-12
8322.50 TEMPLETON GLOBAL TOTAL RETURN - AHM P   2020-08-07
150344.32 TEMPLETON GLOBAL TOTAL RETURN - AHM P   2020-02-12
175251.13 TEMPLETON GLOBAL TOTAL RETURN - AHM P   2020-08-07
263.0 POLARIS GLOBAL VALUE - AHM P   2020-02-12
1023.71 OAKMARK GLOBAL SELECT FND - AHM P   2020-02-12
1926.31 AMERICAN FD CAP WORLD GROWTH - AHM P   2020-02-12
1337.61 AMERICAN FD NEW PERSPECTIVE - AHM P   2020-02-12
1465.61 AMERICAN SMALL CAP WORLD FUND - AHM P   2020-02-12
27803.52 PRINCIPAL GLOBAL REAL ESTATE - AHM P   2020-02-12
3207.55 VANGUARD DIV GROWTH - AHM P   2020-02-12
682.89 PRIMCAP ODYSSEY AGGR GROWTH - AHM P    
2845.76 MORGAN STANELY GROWTH PORT - AHM P   2020-02-12
795.08 MORGAN STANELY GROWTH PORT - AHM P 2019-12-11 2020-12-16
1923.08 AMG YACKMAN - AHM P   2020-02-12
2488 ARES CAPITAL CORP - AHM P   2020-02-12
13012 ARES CAPITAL CORP - AHM P   2020-02-12
102400 ARES CAPITAL CORP - AHM P   2020-08-07
4600 ARES CAPITAL CORP - AHM P 2016-09-02 2020-12-16
19319.94 WELLS FARGO CORE PLUS - AHM P 2019-05-14 2020-01-08
17780.94 DODGE & COX INCOME FUND - AHM P 2019-05-13 2020-01-08
3360 MORGAN STANELY GBL OPPTY - AHM P   2020-02-12
2124.54 NUANCE MID CAP VALUE - AHM P   2020-02-12
SCHWAB CAPITAL GAIN DISTRIBUTION - AHM P   2020-12-31
SCHWAB CAPITAL GAIN DISTRIBUTION - DHH P   2020-12-31
PAS REAL ESTATE FD V K-1 - AHM P   2020-12-31
PAS REAL ESTATE FD IV K-1 - AHM P   2020-12-31
PAS REAL ESTATE FD IV K-1 - AHM P   2020-12-31
HARBORWALK V20 K-1 - AHM P   2020-12-31
CAPITAL DYNAMICS MID MKT K-1 - AHM P   2020-12-31
CAPITAL DYNAMICS MID MKT K-1 - AHM P   2020-12-31
PAS REAL ESTATE FD VII K-1 - AHM P   2020-12-31
(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 34,082   34,808 -726
b 99,975   93,890 6,085
c 11,879   12,424 -545
d 30,830   32,390 -1,560
e 176,475   162,873 13,602
251,975   162,932 89,043
89,000   67,869 21,131
33,265   57,561 -24,296
18,486   25,276 -6,790
17,820   30,307 -12,487
18,161   28,238 -10,077
14,473   21,587 -7,114
143,000   127,822 15,178
64,894   47,625 17,269
485,096   541,296 -56,200
640,691   713,728 -73,037
76,122     76,122
    3,649 -3,649
    163 -163
464     464
1,545     1,545
26,354     26,354
    3,162 -3,162
200     200
    244 -244
    5,473 -5,473
695     695
2,318     2,318
369     369
    7,903 -7,903
500     500
103,644     103,644
83,234   85,009 -1,775
149,975   141,029 8,946
98,590   102,571 -3,981
76,570   80,269 -3,699
279,975   236,816 43,159
389,975   266,114 123,861
125,000   93,075 31,925
90,203   156,085 -65,882
48,855   65,307 -16,452
47,095   78,306 -31,211
47,997   72,961 -24,964
38,251   55,776 -17,525
165,000   147,487 17,513
4,741   4,187 554
1,351,385   1,504,127 -152,742
1,682,393   1,878,515 -196,122
149,398   149,353 45
500,000   499,950 50
50,000   50,030 -30
602   602  
250,000   250,025 -25
150,000   150,030 -30
250,000   250,050 -50
29,145   29,142 3
100,000   99,990 10
150,000   150,000  
250,000   250,000  
100,000   100,010 -10
100,000   100,020 -20
150,000   150,030 -30
100,000   100,020 -20
37,810   38,627 -817
132,218   138,708 -6,490
84,555   88,722 -4,167
1,650,758   1,832,748 -181,990
1,780,528   1,952,549 -172,021
7,165   7,288 -123
19,000   19,532 -532
102,975   93,080 9,895
95,975   77,815 18,160
90,975   72,675 18,300
299,975   263,106 36,869
101,975   76,846 25,129
31,975   27,364 4,611
149,975   121,345 28,630
74,975   35,866 39,109
39,975   46,195 -6,220
47,520   42,122 5,398
248,524   220,295 28,229
1,500,130   1,695,436 -195,306
75,817   74,981 836
249,975   244,112 5,863
249,975   244,670 5,305
104,975   82,794 22,181
28,975   28,486 489
248,350     248,350
199,722     199,722
    10,538 -10,538
16     16
17,556     17,556
116,216     116,216
    134 -134
17,451     17,451
1,300     1,300
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       -726
b       6,085
c       -545
d       -1,560
e       13,602
      89,043
      21,131
      -24,296
      -6,790
      -12,487
      -10,077
      -7,114
      15,178
      17,269
      -56,200
      -73,037
      76,122
      -3,649
      -163
      464
      1,545
      26,354
      -3,162
      200
      -244
      -5,473
      695
      2,318
      369
      -7,903
      500
      103,644
      -1,775
      8,946
      -3,981
      -3,699
      43,159
      123,861
      31,925
      -65,882
      -16,452
      -31,211
      -24,964
      -17,525
      17,513
      554
      -152,742
      -196,122
      45
      50
      -30
       
      -25
      -30
      -50
      3
      10
       
       
      -10
      -20
      -30
      -20
      -817
      -6,490
      -4,167
      -181,990
      -172,021
      -123
      -532
      9,895
      18,160
      18,300
      36,869
      25,129
      4,611
      28,630
      39,109
      -6,220
      5,398
      28,229
      -195,306
      836
      5,863
      5,305
      22,181
      489
      248,350
      199,722
      -10,538
      16
      17,556
      116,216
      -134
      17,451
      1,300
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 2 143,868
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 16,737
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 16,737
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 16,737
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 35,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 60,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 42
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 43,221
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet43,221 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? Click to see attachment....................
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 changesClick to see attachment....
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.Click to see attachment
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)
    bulletLA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMICHAEL F SCHOTT Telephone no.bullet (504) 523-1831

    Located atbullet201 ST CHARLES AVE SUITE 2600NEW ORLEANSLA ZIP+4bullet70170
    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? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletCJ
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........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). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DAVID A KERSTEIN PRESIDENT
    1.0     		0 0 0
    201 St Charles Avenue Suite 2600
    New Orleans,LA70170
    MICHAEL F SCHOTT VICE PRESIDENT
    1.0     		0 0 0
    201 St Charles Avenue Suite 2600
    New Orleans,LA70170
    LINDA A REEG SECRETARY
    1.0     		0 0 0
    201 St Charles Avenue Suite 2600
    New Orleans,LA70170
    JANE C FIEGLER TREASURER
    1.0     		0 0 0
    201 St Charles Avenue Suite 2600
    New Orleans,LA70170
    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
    KPMG LLP Accounting 62,283
    909 Poydras Street Ste 2850
    NEW ORLEANS,LA70001
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NOT APPLICABLE  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    73,967,425
    b
    Average of monthly cash balances.......................
    1b
    1,050,686
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,442,414
    d
    Total (add lines 1a, b, and c).........................
    1d
    76,460,525
    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
    76,460,525
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,146,908
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    75,313,617
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,765,681
    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
    3,765,681
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    16,737
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,737
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,748,944
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    3,748,944
    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
    3,748,944
    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
    3,333,332
    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
    55,000
    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
    3,388,332
    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
    3,388,332
    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 3,748,944
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 2,230,644
    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...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 3,388,332
    a Applied to 2019, but not more than line 2a 2,230,644
    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..... 1,157,688
    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 ..........     		 
    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 ..........     		2,591,256
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    David A Kerstein President
    201 St Charles Ave Suite 2600
    New Orleans,LA70170
    (504) 523-1831
    bThe form in which applications should be submitted and information and materials they should include:
    Application should be in appropriate typed letter form. Include brochures or other pertinent information and establish the qualifications of the applicant to receive funds from a private foundation as provided for under the Internal Revenue Code and applicable regulations.
    cAny submission deadlines:
    There are no submission deadlines.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    There are no restrictions or limitations on awards except that the organization must be qualified as provided for under the Internal Revenue Code and applicable regulations.
    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
    Boy Scouts of America
    4200 S I-10 Service Road W 117
    Metairie,LA70001     		None PC Distinguished Citizen 5,000
    Bridge House Corporation
    4150 Earhart Blvd
    New Orleans,LA70125     		None PC General Operating Expenses 20,287
    Bureau of Governmental Research
    938 Lafayette Street Suite 200
    New Orleans,LA70113     		None PC Sustainers Circle 25,000
    Catholic Charities of Southeast Louisiana
    1225 Second Street
    New Orleans,LA70001     		None PC Hurricane Laura Relief 50,000
    Committee for a Better New Orleans
    4902 Canal Street Suite 300
    New Orleans,LA70119     		None PC General Operating Expenses 2,500
    Court Watch NOLA
    PO Box 750633
    New Orleans,LA70175     		None PC General Operating Expenses 3,000
    Crimestoppers Inc
    PO Box 55249
    Metairie,LA70055     		None PC Annual Awards 10,000
    French Quarter Festivals Inc
    400 North Peters Street Suite 205
    New Orleans,LA70130     		None PC Preservation Hall Stage 20,100
    Holy Trinity Greek Orthodox Church
    1200 Robert E Lee Blvd
    New Orleans,LA70122     		None PC In Memory Of 1,000
    Junior Achievement of Greater New Orleans
    5100 Orleans Avenue
    New Orleans,LA70124     		None PC General Support 10,000
    Junior League of New Orleans
    4319 Carondelet Street
    New Orleans,LA70115     		None PC Diaper Bank 10,000
    KID smART
    1024 Elyisan Fields Avenue
    New Orleans,LA70117     		NONE PC School Resources Budget 13,750
    Liberty's Kitchen Inc
    422 1/2 South Broad
    New Orleans,LA70119     		None PC Youth Development Program 10,000
    Louisiana Endowment for the Humanities
    938 Lafayette Street Suite 300
    New Orleans,LA70113     		None PC LA Culture Care Fund 50,000
    Mary Bird Perkins Cancer Center
    1203 South Tyler Street
    Covington,LA70433     		None PC Patient Transportation 10,000
    Metropolitan Crime Commission Inc
    1615 Poydras Street Suite 1060
    New Orleans,LA70112     		None PC Annual Meeting and Awards 5,000
    National Jewish Health
    1400 Jackson Street M-120
    Denver,CO80206     		None PC Morgridge Academy for Chronically Ill Children 10,000
    New Orleans Police and Justice Foundation
    400 Poydras Street 30th Floor
    New Orleans,LA70130     		None PC Stake in for Justice 5,000
    Preservation Resource Center
    923 Tchoupitoulas Street
    New Orleans,LA70130     		None PC General Operating Expense 53,000
    Second Harvester of Greater NO & Acadiana
    700 Edwards Avenue
    New Orleans,LA70123     		None PC Covid-19 Relief 100,000
    The Ella Project
    421 Frenchman Street Suite 200
    New Orleans,LA70116     		None PC General Operating Expenses 10,000
    The Hellenic Initiative
    135 E 57th Street 14th Floor
    New York,NY10022     		None PC Virtual Gala 5,000
    The National World War II Museum
    945 Magazine Street
    New Orleans,LA70130     		None PC Building Fund 54,500
    The Posse Foundation Inc
    1515 Poydras Street Suite 610
    New Orleans,LA70112     		None PC Power of 10,000 Event 5,000
    Touro Infirmary Foundation
    1401 Foucher Street
    New Orleans,LA70115     		None PC Cancer Rehab Area 10,000
    Tulane Cancer Center
    1430 Tulane Avenue SL-68
    New Orleans,LA70112     		None PC Gunning For A Cure 5,000
    United Negro College Fund
    Energy Center Bldg
    1100 Poydras Street Suite 1400
    New Orleans,LA70163     		None PC Sponsorship 10,000
    United Way for the Greater New Orleans
    2515 Canal Street
    New Orleans,LA70119     		None PC Entergy Challenge Grant Campaign & Ongoing Poverty Eradication Work 137,500
    Urban League of Greater New Orleans
    4640 S Carrollton Avenue Suite 210
    New Orleans,LA70119     		None PC Annual Event 10,000
    Arts Council of New Orleans
    935 Gravier Street Suite 850
    New Orleans,LA70112     		None PC Support for Unframed Murals Phase II 100,000
    Arts District of New Orleans
    300-700 Blocks of Julia Street
    New Orleans,LA70130     		None PC Sponsor of Jamming on Julia 2,000
    Contemporary Arts Center
    900 Camp Street
    New Orleans,LA70130     		None PC General Operating Expense, Martin Luther King Day Programming, And Other Various Events 80,820
    Dancing Grounds
    3705 St Claude Avenue
    New Orleans,LA70117     		None PC Dance for Social Change 15,000
    Friends of City Park
    1 Palm Drive City Park
    New Orleans,LA70124     		None PC Heart of the Park Hat 10,000
    Friends of Lafitte Greenway
    2200 Lafitte Street
    New Orleans,LA70119     		None PC Supernova Event 5,000
    Le Petit Theatre
    616 St Peters Street
    New Orleans,LA70116     		None PC Associated Educational Programming 15,000
    Louisiana Children's Museum
    15 Henry Thomas Dr
    New Orleans,LA70124     		None PC Operating Expenses, Free Saturdays in October, and Other Events 40,500
    Louisiana Endowment for the Humantities
    938 Lafayette Street Suite 300
    New Orleans,LA70113     		None PC Construction & Renovation John Scott Center at Turners Hall 100,000
    New Orleans African American Museum
    1417- 1418 Governor Nicholls Street
    New Orleans,LA70116     		None PC Conversations, Culture and Callas Series 10,000
    New Orleans Ballet Association
    935 Gravier Street Suite 800
    New Orleans,LA70112     		None PC General Operating Expenses and Ovation Program 10,000
    New Orleans Botanical Gardens Foundation
    1 Palm Drive City Park
    New Orleans,LA70124     		None PC Enrique Alferez Wednesday Free Days 50,000
    New Orleans Film Society
    900 Camp Street
    New Orleans,LA70130     		None PC Community Programming 15,000
    New Orleans Museum of Art
    City Park 1 Collins Diboll Circle
    New Orleans,LA70179     		None PC General, Operating Expenses, Free Admission for Art & A/C, Free Admission for LA Residents 272,465
    Newcomb Art Museum
    6823 St Charles Avenue
    New Orleans,LA70118     		None PC Support of Orleans Students Virtual Field Trips 16,500
    Storm King Center
    1 Museum Road
    New Windsor,NY12553     		None PC Support of 2020 Season 10,000
    Tennessee WilliamsNew Orleans Literary
    938 Lafayette Street Suite 514
    New Orleans,LA70113     		None PC Literary Discussion and Performances Including Free Workshops 16,000
    Kemper and Lelia Williams Foundation
    The Historic New Orleans Collection
    533 Royal Street
    New Orleans,LA70130     		None POF Support of the Publication of Enrique Alferez: Sculptors 75,000
    The New Orleans Center for Creative Arts Institute
    2800 Chartres Street
    New Orleans,LA70117     		None PC Artists in Residence Program 38,000
    The Ogden Museum of Southern Art
    925 Camp Street
    New Orleans,LA70130     		None PC Support of General Operating Expenses, Support of the Poydras Corridor Sculpture Exhibitions and Other Exhibitions, and LA Residents Free Admission Days 840,420
    US Biennial Inc
    Prospect New Orleans
    2578 Broadway Suite 178
    New York,NY10025     		None PC Support of General Operations 150,000
    WWOZ-FM
    PO Box 51840
    New Orleans,LA70151     		None PC Piano Night & Groovapedia 25,000
    WWNO 899
    University of New Orleans
    2000 Lakeshore Drive
    New Orleans,LA70148     		None PC Enhance Current Cultural Content and Reporting 50,000
    Young AspirationsYoung Artist
    PO Box 52617
    New Orleans,LA70152     		None PC Artist in Residence Program 25,000
    Young Audiences of Louisiana
    3900 General Taylor Street Suite 2
    New Orleans,LA70125     		None PC Baby Artsplay Program 18,500
    Total .................................bullet 3a 2,650,842
    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 ...........     		    14 129  
    4 Dividends and interest from securities....     14 1,262,593  
    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..... 900099 0 18 692,717  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 143,868  
    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 2,099,307  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,099,307
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    The Helis Foundation
    EIN:
    72-6020536
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX & AUDIT FEES 62,283 17,500   29,783

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

    TY 2020 DepreciationSchedule
    Name:
    The Helis Foundation
    EIN:
    72-6020536
    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

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

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    The Helis Foundation
    EIN:
    72-6020536
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    Kemper and Leila Williams Foundation
          		533 Royal Street
    New Orleans,LA70130     		2017-06-01 750,000 Organization's Capital Museum Expansion with Gallary Naming and "Art of the City" Exhibition 2018 0 NO 6/9/17, 5/23/18, 5/22/19 2020-11-11 Foundation is also known as The Historic New Orleans Collection. Our Agreement with the foundation was Amended on June 10, 2020 which deferred the 2020 payment until 2021 and therefore no payment was required in 2020. The grantor has no reason to doubt the accuracy or reliability of the report from the grantee.
    Kemper and Leila Williams Foundation
          		533 Royal Street
    New Orleans,LA70130     		2021-05-26 75,000 Sponsorship for the Publication of Enrique Alferez: Sculptor 75,000 NO 5/26/2021 2021-05-26 Foundation is also known as The Historic New Orleans Collection. The Grantor has no reason to doubt the accuracy or reliability of the report from the grantee.

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    The Helis Foundation
    EIN:
    72-6020536
    Name of Stock End of Year Book Value End of Year Fair Market Value
    HANCOCK WHITNEY SECURITIES 492,381 289,782

    TY 2020 InvestmentsOtherSchedule2
    Name:
    The Helis Foundation
    EIN:
    72-6020536
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    JEWELRY   973,850 1,084,420
    PARTNERSHIP INVESTMENTS   24,982,974 25,646,947
    MUTUAL FUNDS   46,306,597 55,449,166
    FINE ART   229,950 229,950

    TY 2020 OtherAssetsSchedule
    Name:
    The Helis Foundation
    EIN:
    72-6020536
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST RECEIVABLE 95,999 8,697 8,697
    SYNDICATION COSTS 4,023 4,023 4,023
    PAS REAL ESTATE VII DISTRIB 72,089 0 0
    ARTWORK/SCULPTURES ON EXHIBIT 2,249,758 2,304,758 2,304,758


    TY 2020 OtherExpensesSchedule
    Name:
    The Helis Foundation
    EIN:
    72-6020536
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 695     695
    ASSET INSURANCE 110,381 13,949   96,432
    STORAGE FEE 5,290 4,074   1,216
    EXHIBITION EXPENSE 70,750     70,750
    POYDRAS CORRIDOR 42,905     42,905
    MEMBERSHIP FEES 2,500     2,500


    TY 2020 OtherIncomeSchedule2
    Name:
    The Helis Foundation
    EIN:
    72-6020536
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    HRJ PARTNERSHIP INVESTMENTS 3,442 -9,792  
    PORTFOLIO ADVISORS INVESTMENTS 984,148 977,800  
    SILVER CREEK INVESTMENTS 238 238  
    ALPHAQUEST INVESTMENTS 166,229 166,229  
    HARBORWALK INVESTMENTS -517,419 -1,040,240  
    CRYSTAL CAPITAL INTERNATIONAL 76,559 76,559  
    LOMBARD INTERNATIONAL -20,480 -20,480  


    TY 2020 OtherLiabilitiesSchedule
    Name:
    The Helis Foundation
    EIN:
    72-6020536
    Description Beginning of Year - Book Value End of Year - Book Value
    INSTALLMENT PROMISE - HNOC 525,000 525,000
    INSTALLMENT PROMISE - LA CHILDREN'S 118,000 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    The Helis Foundation
    EIN:
    72-6020536
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 125,500 120,000   5,500
    PUBLIC RELATIONS 193,390     193,390
    APPRAISAL FEES 850     850
    ADMINTRATIVE SUPPORT 351,000 165,500   175,500


    TY 2020 TaxesSchedule
    Name:
    The Helis Foundation
    EIN:
    72-6020536
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 16,737      
    FOREIGN TAXES 31,784 31,784    
    FEDERAL INCOME TAX - 990T 0      
    STATE INCOME TAX 1,095