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
ED AND GLADYS HURLEY FOUNDATION XXXXX5006
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

72-6018854
B Telephone number (see instructions)

(800) 496-2583
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$4,284,249J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 77,035 76,347  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 18,076
b Gross sales price for all assets on line 6a 1,722,275
7 Capital gain net income (from Part IV, line 2)... 18,076
8 Net short-term capital gain......... 0
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 1,966 1,966  
12 Total. Add lines 1 through 11........ 97,077 96,389  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 49,634 29,140   20,494
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 2,500 2,500   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,912 1,759   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 58 58    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 56,104 33,457 0 20,494
25 Contributions, gifts, grants paid....... 178,000 178,000
26 Total expenses and disbursements. Add lines 24 and 25 234,104 33,457 0 198,494
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -137,027
b Net investment income (if negative, enter -0-) 62,932
c Adjusted net income (if negative, enter -0-)... 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............. 47,698 33,451 33,451
2 Savings and temporary cash investments......... 90,204 65,514 65,514
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 2,056,051 Click to see attachment1,990,504 2,526,319
c Investments—corporate bonds (attach schedule)....... 965,534 Click to see attachment1,040,304 1,103,568
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 639,938 Click to see attachment531,758 549,673
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment9 Click to see attachment9 Click to see attachment5,724
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,799,434 3,661,540 4,284,249
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,799,434 3,661,540
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)..... 3,799,434 3,661,540
30 Total liabilities and net assets/fund balances (see instructions). 3,799,434 3,661,540
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
3,799,434
2
Enter amount from Part I, line 27a .....................
2
-137,027
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,195
4
Add lines 1, 2, and 3 ..........................
4
3,665,602
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,062
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,661,540
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 2938.241 THE ARBITRAGE FUND-I   2018-01-02 2020-01-08
b 3468.781 CRM LNG/SHRT OPPORT-INST   2018-08-31 2020-01-09
c 665.64 FIDELITY 500 INDEX-INST PRM     2020-01-09
d 294.54 PRIMECAP ODYSSEY STOCK FUND   2017-01-31 2020-01-09
e 4038.106 CRM LNG/SHRT OPPORT-INST   2018-08-31 2020-01-16
100. ISHARES MSCI ASIAN EX JAPAN   2019-07-22 2020-02-20
400. ISHARES MSCI ASIAN EX JAPAN   2019-07-22 2020-02-20
200. ISHARES MSCI JAPAN ETF   2019-10-29 2020-02-20
5. ISHARES MSCI JAPAN ETF   2018-12-18 2020-02-20
420. ISHARES MSCI JAPAN ETF   2019-10-29 2020-02-20
278. ISHARES MSCI INDIA ETF   2015-04-13 2020-02-28
852. ISHARES MSCI INDIA ETF   2015-04-13 2020-02-28
1850.139 TORTOISE MLP & PIPELINE-INST     2020-03-03
1531.06 VANGUARD TOT BD MKT IDX-ADM   2019-02-01 2020-03-03
890.019 PRIMECAP ODYSSEY STOCK FUND   2017-01-31 2020-03-04
3724.986 TORTOISE MLP & PIPELINE-INST   2016-02-03 2020-03-09
1100. SPDR S&P OIL & GAS EXP & PR   2017-03-13 2020-03-13
100. VANGUARD MID-CAP VIPERS     2020-03-13
1149.595 DODGE & COX INCOME FUND   2019-05-07 2020-03-25
1407.468 PRIMECAP ODYSSEY STOCK FUND   2017-01-31 2020-04-01
2880.071 DIAMOND HILL LONG/SHORT-Y     2020-04-08
5069.359 PRIMECAP ODYSSEY STOCK FUND   2017-01-31 2020-04-08
18935.361 DOUBLELINE TTL RTRN BND-I     2020-04-23
220. INVESCO QQQ TRUST SERIES 1     2020-05-06
805. VANGUARD MID-CAP VIPERS     2020-05-06
2338.812 OAKMARK INTERNATIONAL-INST     2020-05-14
725. ISHARES MSCI CHINA ETF     2020-05-26
353.278 FIDELITY 500 INDEX-INST PRM     2020-05-27
3236.545 VANGUARD TOT BD MKT IDX-ADM   2020-04-23 2020-05-27
1195. ISHARES GOLD TRUST   2020-03-09 2020-06-08
335.089 FIDELITY 500 INDEX-INST PRM   2020-04-08 2020-06-11
370. VANGUARD MID-CAP VIPERS   2018-10-18 2020-07-09
957.739 FIDELITY INTL INDX-INST PRM   2018-01-11 2020-07-15
212.186 FIDELITY 500 INDEX-INST PRM   2020-04-08 2020-07-15
670. ISHARES MSCI ASIAN EX JAPAN   2019-07-22 2020-07-15
260. ISHARES CORE MSCI EMERGING   2020-01-09 2020-07-15
874.149 DODGE & INTERNATIONAL STOCK FUND     2020-08-11
1502.049 MFS INTL INTRINSIC VALUE-R6     2020-08-11
130. SCHWAB U.S. TIPS ETF   2017-08-02 2020-09-23
2508.584 VANGUARD TOT BD MKT IDX-ADM   2020-04-23 2020-09-23
280. VANGUARD FINANCIALS VIPERS   2019-07-25 2020-09-23
3326.89 VANGUARD TOT BD MKT IDX-ADM   2020-04-23 2020-09-29
185. INVESCO QQQ TRUST SERIES 1     2020-11-24
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 39,284   38,432 852
b 35,000   37,775 -2,775
c 75,630   61,302 14,328
d 10,250   7,796 2,454
e 40,543   43,975 -3,432
7,187   6,970 217
28,747   27,881 866
11,398   11,705 -307
285   261 24
23,960   24,579 -619
8,905   9,253 -348
27,233   28,359 -1,126
20,000   23,283 -3,283
17,607   16,076 1,531
28,000   23,559 4,441
29,129   32,014 -2,885
9,353   39,984 -30,631
13,375   15,840 -2,465
15,600   15,784 -184
34,300   37,256 -2,956
62,008   75,938 -13,930
135,656   134,186 1,470
199,200   206,459 -7,259
48,341   42,192 6,149
119,033   123,956 -4,923
37,000   57,859 -20,859
43,655   43,086 569
37,285   37,166 119
37,285   37,317 -32
19,368   19,160 208
35,000   31,947 3,053
61,047   56,925 4,122
38,300   42,773 -4,473
23,750   20,230 3,520
50,127   46,701 3,426
13,366   14,124 -758
32,667   33,887 -1,220
73,300   38,169 35,131
7,983   7,177 806
29,225   28,924 301
15,765   19,886 -4,121
38,725   38,359 366
54,473   45,694 8,779
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
      33,930
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       852
b       -2,775
c       14,328
d       2,454
e       -3,432
      217
      866
      -307
      24
      -619
      -348
      -1,126
      -3,283
      1,531
      4,441
      -2,885
      -30,631
      -2,465
      -184
      -2,956
      -13,930
      1,470
      -7,259
      6,149
      -4,923
      -20,859
      569
      119
      -32
      208
      3,053
      4,122
      -4,473
      3,520
      3,426
      -758
      -1,220
      35,131
      806
      301
      -4,121
      366
      8,779
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 18,076
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................................ 1 875
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........................... 3 875
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- ..... 5 875
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,004
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,004
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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,129
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet876 RefundedBullet 11 1,253
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 ofbulletJP MORGAN CHASE BANK NA Telephone no.bullet (800) 496-2583

    Located atbullet10 S DEARBORN ST MC IL 1-0111CHICAGOIL ZIP+4bullet60603
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    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).
    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
    JP MORGAN CHASE BANK N A trustee
    2     		49,634    
    10 S DEARBORN ST MC IL 1-0111
    Chicago,IL60603
    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...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    3,825,932
    b
    Average of monthly cash balances.......................
    1b
    105,045
    c
    Fair market value of all other assets (see instructions)................
    1c
    5,724
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,936,701
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,936,701
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    59,051
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,877,650
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    193,883
    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
    193,883
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    875
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    875
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    193,008
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    750
    5
    Add lines 3 and 4............................
    5
    193,758
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    193,758
    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
    198,494
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    198,494
    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
    198,494
    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 7 193,758
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 177,342
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 198,494
    a Applied to 2019, but not more than line 2a 177,342
    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..... 21,152
    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 ..........     		172,606
    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.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    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:
    JPMorgan Chase Bank NA
    PO Box 227237
    Dallas,TX75222
    (214) 965-2914
    bThe form in which applications should be submitted and information and materials they should include:
    Provide a complete and official high school transcript. Provide information about the applicant's high school activities, ability to receive family
    cAny submission deadlines:
    support for studies, the applicant's FAFSA form June 30th of each year
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    students who are residents of Louisiana, Texas and Arkansas who are in good standing at the college attended.
    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
    HANNAH UECKERT
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    AMANDA MAY
    UNTHSC
    3500 CAMP BOWIE BLVD
    FORT WORTH,TX76107     		NONE I SCHOLARSHIP 1,500
    EMILY MARTINEZ
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    HUNTER J ALLEN
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 2,000
    JAYA GEORGE
    TEXAS STATE UNIVERSITY
    601 UNIVERSITY DR
    SAN MARCOS,TX78666     		NONE I SCHOLARSHIP 2,000
    LAUREN SELLERS
    UNIVERSITY OF LOUISIANA AT LAFAYETTE
    PO BOX 44290
    LAFAYETTE,LA70504     		NONE I SCHOLARSHIP 1,500
    TAYLOR SNIDER
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    BENJAMIN DAVIS
    TULANE UNIVERSITY
    6823 ST CHARLES AVE
    NEW ORLEANS,LA70118     		NONE I SCHOLARSHIP 2,000
    TAYLOR ANDERSON
    LSU HEALTH NEW ORLEANS SCHOOL OF ALLIED
    1900 GRAVIER STREET 6TH FLOOR
    NEW ORLEANS,LA70112     		NONE I SCHOLARSHIP 1,500
    CAILEY N RICHARDSON
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 2,000
    ABIGAIL JOHNSON
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 1,500
    ADRIANNA MITCHELL
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 1,500
    AMANDA HIGHTOWER
    LOUISIANA STATE UNIVERSITY - SHREVEPORT
    ONE UNIVERSITY PL
    SHREVEPORT,LA71115     		NONE I SCHOLARSHIP 1,500
    ANNA THOMPSON
    UNIVERSITY OF MARY-HARDIN BAYLOR
    900 COLLEGE ST
    BELTON,TX76513     		NONE I SCHOLARSHIP 1,500
    ARIANA BOLTON
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    ASHLEY COOKE
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    BAILEY WEBB
    SAN JACINTO COLLEGE
    8060 SPENCER HWY
    PASADENA,TX77505     		NONE I SCHOLARSHIP 1,500
    CAITLIN LAWRENCE
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 2,000
    CALEB OSIGIAN
    UNIVERSITY OF TEXAS AT AUSTIN
    PO BOX 7758 UT STATION
    AUSTIN,TX787137758     		NONE I SCHOLARSHIP 2,000
    CHARLI UBER
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    DAVID SCHMID
    MCNEESE STATE UNIVERSITY
    4205 RYAN ST
    LAKE CHARLES,LA70605     		NONE I SCHOLARSHIP 1,500
    ELIOT CORTES
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    EMILY MORREN
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    EMMA EIDSON
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    EMMALEE SCHWARTZ
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    ETHAN HARGRAVE
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    GENESIS JACKSON
    UNIVERSITY OF ARKANSAS AT PINE BLUFF
    1200 UNIVERSITY DR
    PINE BLUFF,AR71601     		NONE I SCHOLARSHIP 1,500
    GWENITH STACKS
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    HAILEY WHITE
    UNIVERSITY OF HOUSTON
    4800 CALHOUN RD
    HOUSTON,TX77004     		NONE I SCHOLARSHIP 2,000
    HALEY THOMPSON
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 1,500
    HALLEY BEUSCHER
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 1,500
    HANNAH DONALDSON
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 1,500
    ISABELLE THOMPSON
    UNIVERSITY OF MARY-HARDIN BAYLOR
    900 COLLEGE ST
    BELTON,TX76513     		NONE I SCHOLARSHIP 1,500
    IVAN G MILEY
    LSU HEATH SHREVEPORT
    ONE UNIVERSITY PL
    SHREVEPORT,LA71115     		NONE I SCHOLARSHIP 1,500
    JACOB WITKOWSKI
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    JAMES HARDIN
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    JASMINE BLAKESLEE
    TEXAS A AND M UNIVERSITY- CORPUS CHRISTI
    6300 OCEAN DR
    CORPUS CHRISTI,TX78412     		NONE I SCHOLARSHIP 2,000
    JAYCE LEEPER
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    JESSICA BLAKESLEE
    TEXAS A AND M UNIVERSITY- CORPUS CHRISTI
    6300 OCEAN DR
    CORPUS CHRISTI,TX78412     		NONE I SCHOLARSHIP 2,000
    JOAH GEORGE
    UNIVERSITY OF TEXAS AT DALLAS
    800 W CAMPBELL RD
    RICHARDSON,TX75080     		NONE I SCHOLARSHIP 2,000
    JOHN A BRISENO
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    JOSHUA NATE
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    KALEN NIMMO
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    KATHERINE MARTIN
    LIBERTY UNIVERSITY
    1971 UNIVERSITY BLVD
    LYNCHBURG,VA24515     		NONE I SCHOLARSHIP 1,500
    KATHRYN NAUMAN
    LSU HEATH SHREVEPORT
    ONE UNIVERSITY PL
    SHREVEPORT,LA71115     		NONE I SCHOLARSHIP 2,000
    KAYLA HARPER
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    KENNETH COLLINS
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TN75211     		NONE I SCHOLARSHIP 1,500
    KIMBERLY SELLERS
    TEXAS WOMANS UNIVERSITY
    304 ADMINISTRATION DR
    DENTON,TX76204     		NONE I SCHOLARSHIP 1,500
    LAUREN L WEAR
    TEXAS TECH UNIVERSITY
    2500 BROADWAY
    LUBBOCK,TX79409     		NONE I SCHOLARSHIP 2,000
    LAUREN MARKS
    YALE UNIVERSITY
    PO BOX 208239
    NEW HAVEN,CT065208239     		NONE I SCHOLARSHIP 2,000
    LESLEY L LOPEZ
    UNIVERSITY OF HOUSTON - CLEAR LAKE
    2700 BAY AREA BLVD
    HOUSTON,TX77058     		NONE I SCHOLARSHIP 2,000
    MALI BOONE
    UNIVERSITY OF TEXAS AT SAN ANTONIO
    1 UTSA CIRCLE
    SAN ANTONIO,TX78249     		NONE I SCHOLARSHIP 1,500
    MALLORY TAYLOR
    LOUISIANA STATE UNIVERSITY
    3796 NICHOLSON DR
    BATON ROUGE,LA70802     		NONE I SCHOLARSHIP 1,500
    MARCUS DEAN
    BAYLOR UNIVERSITY
    1311 S 5TH ST
    WACO,TX76706     		NONE I SCHOLARSHIP 1,500
    MARTHE ST JEAN
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    MEGAN CRONAN
    UNIVERSITY OF NORTH TEXAS
    1155 UNION CIRCLE 311277
    DENTON,TX76203     		NONE I SCHOLARSHIP 2,000
    MELINA WITKOWSKI
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    MICHALINE S YEAGER
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    NATALIE NOUNENNADY
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    NATHAN NESMITH
    TEXAS A AND M UNIVERSITY
    401 GEORGE BUSH DRIVE
    COLLEGE STATION,TX77840     		NONE I SCHOLARSHIP 2,000
    NICHOLAS HAMILTON
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    REAGAN COOK
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    REBECKA CHICKERING
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    RICKY CARR
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    SAMUEL HOUSTON BROCK
    LSU HEATH SHREVEPORT
    ONE UNIVERSITY PL
    SHREVEPORT,LA71115     		NONE I SCHOLARSHIP 1,500
    SAMUEL THURMAN
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    SARAH N BRODER
    TEXAS CHRISTIAN UNIVERSITY
    2800 S UNIVERSITY DR
    FORT WORTH,TX76129     		NONE I SCHOLARSHIP 2,000
    SARAHI NOVELLINO
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    SCOTT T BRODER
    UNIVERSITY OF ARKANSAS
    1 UNIVERSITY OF ARKANSAS
    FAYATTEVILLE,AR72701     		NONE I SCHOLARSHIP 2,000
    TABER UTTERBACK
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    WILLIAM HORTON
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    ZACARY ROSALEZ
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    ZOE ARNOLD
    LOUISIANA STATE UNIVERSITY - SHREVEPORT
    ONE UNIVERSITY PL
    SHREVEPORT,LA71115     		NONE I SCHOLARSHIP 2,000
    STEPHANIE REY
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    KATHERINE ATKINS
    LSU-ALEXANDRIA
    8100 HWY 71 SOUTH
    ALEXANDRIA,LA71302     		NONE I SCHOLARSHIP 2,000
    HANNAH JOHNSON
    LOUISIANA STATE UNIVERSITY
    3796 NICHOLSON DR
    BATON ROUGE,LA70802     		NONE I SCHOLARSHIP 1,500
    MACIE BEAN
    UNIVERSITY OF MARY-HARDIN BAYLOR
    900 COLLEGE ST
    BELTON,TX76513     		NONE I SCHOLARSHIP 2,000
    MIKAYLA GUDENAU
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    CALEB DOEBBERT
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    KATELYN GUDENAU
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    KRISTEN ROGERS
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    AUSTIN JONES
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 1,500
    LINDSAY K FULTON
    OUACHITA BAPTIST UNIVERSITY
    410 OUACHITA ST
    ARKADELPHIA,AR71998     		NONE I SCHOLARSHIP 1,500
    CATHERINE ANDERSON
    LOUISIANA STATE UNIVERSITY-BATON ROUGE
    3796 NICHOLSON DR
    BATON ROUGE,LA70802     		NONE I SCHOLARSHIP 1,500
    LESLIE E HOBGOOD
    UNIVERSITY OF LOUISIANA AT MONROE
    700 UNIVERSITY AVE
    MONROE,LA71209     		NONE I SCHOLARSHIP 2,000
    ASHLEY SELLERS
    UNIVERSITY OF LOUISIANA AT LA FAYETTE
    PO BOX 44290
    LAFAYETTE,LA70504     		NONE I SCHOLARSHIP 1,500
    KAYLA RAMSAY
    UNIVERSITY OF ARKANSAS AT FAYETTEVILLE
    1 UNIVERSITY OF ARKANSAS
    FAYATTEVILLE,AR72701     		NONE I SCHOLARSHIP 1,500
    ELENA WILLIS
    LOUISIANA STATE UNIVERSITY
    3796 NICHOLSON DR
    BATON ROUGE,LA70802     		NONE I SCHOLARSHIP 2,000
    FAITH ATCHLEY
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    JORDAN M WILEY
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    VANESSA M CASTILLO
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    MEGAN MACIULSKI
    UNIVERSITY OF ARKANSAS
    1 UNIVERSITY OF ARKANSAS
    FAYATTEVILLE,AR72701     		NONE I SCHOLARSHIP 2,000
    KAYLA CALLAWAY
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    CONOR CALLAWAY
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    HANNAH TAYLOR
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    DAVIS HARPER
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    ABBY BARNETT
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    NATHAN TRAMMELL
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,000
    TYSON THOMAS
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    HANNAH PARKS
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    ANATOLY CUELLO
    UNIVERSITY OF HOUSTON
    4800 CALHOUN RD
    HOUSTON,TX77004     		NONE I SCHOLARSHIP 2,000
    EMILY CARLOS
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    JOEL MCALISTER
    SEMINARY OF THE SOUTHWEST
    501 E 32ND ST
    AUSTIN,TX78705     		NONE I SCHOLARSHIP 1,500
    MATTHEW TRAMMEL
    TEXAS TECH UNIVERSITY
    2500 BROADWAY
    LUBBOCK,TX79409     		NONE I SCHOLARSHIP 1,000
    Total .................................bullet 3a 178,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 77,035  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 18,076  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aROYALTY INCOME     		    15 1,966  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   97,077  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    97,077
    (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 InvestmentsCorpBondsSchedule
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Name of Bond End of Year Book Value End of Year Fair Market Value
    258620103 DOUBLELINE TTL RTRN    
    808524870 SCHWAB U.S. TIPS ETF 69,768 78,842
    921937603 VANGUARD TOT BD MKT 565,581 596,804
    256210105 DODGE & COX INCOME 86,866 93,326
    693390700 PIMCO TOTAL RETURN F 154,400 164,033
    258620566 DOUBLELINE TTL RTRN 63,689 63,968
    722005816 PIMCO INV GRD CRD BN 100,000 106,595

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Name of Stock End of Year Book Value End of Year Fair Market Value
    256206103 DODGE & COX INTL STO    
    46429B598 ISHARES MSCI INDIA E 37,390 47,057
    315911727 FIDELITY INTL INDX-I 179,582 191,103
    413838723 OAKMARK INTERNATIONA 137,912 162,715
    552746349 MFS INTL INTRINSIC V 32,820 73,405
    74160Q301 PRIMECAP ODYSSEY STO    
    78464A730 SPDR S&P OIL & GAS E    
    315911750 FIDELITY 500 INDEX-I 315,511 454,401
    922908629 VANGUARD MID-CAP ETF    
    46090E103 INVESCO QQQ TRUST SE 76,296 144,320
    46434G103 ISHARES CORE MSCI EM 143,174 172,471
    46434G822 ISHARES MSCI JAPAN E 76,641 92,895
    92189F106 VANECK GOLD MINERS 53,405 72,941
    464288182 ISHARES MSCI ALL COU 61,542 80,649
    46429B671 ISHARES MSCI CHINA E    
    701769408 PARNASSUS CORE EQUIT 181,630 211,770
    81369Y209 HEALTH CARE SELECT S 124,932 147,472
    92204A405 VANGUARD FINANCIALS 133,475 147,886
    0075W0759 EDGEWOOD GROWTH FUND 124,365 154,600
    464286400 ISHARES MSCI BRAZIL 41,104 45,781
    464287598 ISHARES RUSSELL 1000 92,298 100,497
    464288372 ISHARES GLOBAL INFRA 38,427 37,154
    577130818 MATTHEWS CHINA FUND- 46,500 65,518
    77956H286 T ROWE PR JAPAN FUND 41,500 56,701
    77956H385 T ROWE PRICE NEW ASI 52,000 66,983

    TY 2020 InvestmentsOtherSchedule2
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    56166Y404 TORTOISE MLP & PIPEL      
    09257V508 BLACKSTONE ALT MULTI AT COST 251,503 235,470
    464285105 ISHARES GOLD TRUST AT COST 77,522 109,868
    03875R205 THE ARBITRAGE FUND-I      
    12628J881 CRM LNG/SHRT OPPORT-      
    64128R608 NEUBERGER BERMAN LON AT COST 79,253 90,208
    25264S650 DIAMOND HILL LONG/SH      
    191912708 COHEN & STEERS REAL AT COST 82,630 74,167
    72201P175 PIMCO COMMODITYPL ST AT COST 40,850 39,960

    TY 2020 OtherAssetsSchedule
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    MINERAL ASSETS   0 5,715
    XXX-XX-XXXX STATE: ARKANSAS, COU 1 1 1
    XXX-XX-XXXX ORI IN N/2 NW/4 OF S 1 1 1
    XXX-XX-XXXX STATE: LOUISIANA, CO 1 1 1
    XXX-XX-XXXX STATE: LOUISIANA, CO 1 1 1
    XXX-XX-XXXX STATE: LOUISIANA, CO 1 1 1
    XXX-XX-XXXX STATE: LOUISIANA, CO 1 1 1
    XXX-XX-XXXX STATE: LOUISIANA, CO 1 1 1
    XXX-XX-XXXX SEC 5 17N 3W LINCOLN 1 1 1
    XXX-XX-XXXX STATE: LOUISIANA, CO 1 1 1


    TY 2020 OtherDecreasesSchedule
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Description Amount
    2020 TRANSACTION POSTED IN 2021 1,825
    RETURN OF CAPITAL ADJUSTMENT 2,237


    TY 2020 OtherExpensesSchedule
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MINERAL INT-PRODUCTION TAX 58 58   0


    TY 2020 OtherIncomeSchedule2
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTY INCOME 1,966 1,966  


    TY 2020 OtherIncreasesSchedule
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Description Amount
    2019 TRANSACTION POSTED IN 2020 2,431
    RECOVERY OF DISTRIBUTION 750
    ROUNDING 14


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

    TY 2020 OtherNotesLoansRcvblLongSch
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    student loans none           0 %        

    TY 2020 OtherProfessionalFeesSchedule
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMNT MNGMNT FEES (NON-DED 2,500 2,500    


    TY 2020 TaxesSchedule
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL ESTIMATES - INCOME 2,153 0   0
    FOREIGN TAXES ON QUALIFIED FOR 1,287 1,287   0
    FOREIGN TAXES ON NONQUALIFIED 472 472   0