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
LAURAYNE G TEMPLETON IRREVOCABLE TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 11647
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BIRMINGHAM, AL35202
A Employer identification number

30-6000290
B Telephone number (see instructions)

(205) 820-3141
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$1,070,671J 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... 17,483 17,239  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 26,105
b Gross sales price for all assets on line 6a 189,275
7 Capital gain net income (from Part IV, line 2)... 26,105
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 130    
12 Total. Add lines 1 through 11........ 43,718 43,344  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 13,920 11,136   2,784
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)....... Click to see attachment 1,500 0 0 1,500
c Other professional fees (attach schedule).... Click to see attachment 1,509 1,509   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,368 229   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 1 1    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 18,298 12,875 0 4,284
25 Contributions, gifts, grants paid....... 47,000 47,000
26 Total expenses and disbursements. Add lines 24 and 25 65,298 12,875 0 51,284
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -21,580
b Net investment income (if negative, enter -0-) 30,469
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.............      
2 Savings and temporary cash investments......... 55,012 13,963 13,963
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).......      
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).......... 698,737 Click to see attachment716,931 1,056,708
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 753,749 730,894 1,070,671
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........ 753,749 730,894
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)..... 753,749 730,894
30 Total liabilities and net assets/fund balances (see instructions). 753,749 730,894
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
753,749
2
Enter amount from Part I, line 27a .....................
2
-21,580
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2
4
Add lines 1, 2, and 3 ..........................
4
732,171
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,277
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
730,894
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 6. AMERICAN TOWER CORP   2016-01-29 2020-01-07
b 1. BOOKING HOLDINGS INC   2018-04-05 2020-01-22
c 1. CINTAS CORP   2018-10-22 2020-01-22
d 1. ROPER TECHNOLOGIES INC   2016-09-29 2020-01-22
e 2. DEXCOM INC   2016-11-03 2020-01-27
38. AT&T INC   2019-01-03 2020-01-29
4. BWX TECHNOLOGIES INC   2017-11-29 2020-01-29
2. MICROSOFT CORP COM   2019-02-07 2020-02-12
16. ORACLE CORPORATION COM   2018-05-03 2020-02-14
20. VISA INC   2013-09-06 2020-02-25
8. FOX CORP   2019-03-20 2020-03-04
1. BWX TECHNOLOGIES INC   2020-01-31 2020-03-11
18. BWX TECHNOLOGIES INC   2018-12-27 2020-03-11
21. WELLS FARGO & CO NEW COM   2013-08-27 2020-03-11
3. ANHEUSER-BUSCH INBEV SA/NV   2019-06-18 2020-03-16
5. ANHEUSER-BUSCH INBEV SA/NV   2016-01-29 2020-03-16
8. ANHEUSER-BUSCH INBEV SA/NV   2019-03-11 2020-03-17
19. FOX CORP   2019-06-20 2020-03-17
13. WABCO HLDGS INC   2018-06-25 2020-03-19
5. CORE LABORATORIES N V   2017-05-09 2020-03-20
18. ALTRIA GROUP INC   2018-08-09 2020-03-30
17. APERGY CORP   2018-12-19 2020-04-02
4. KEYSIGHT TECHNOLOGIES INC   2016-12-21 2020-04-02
10. US BANCORP DEL   2019-01-04 2020-04-02
524.742 AQR MANAGED FUTURES STRATEGY FUND   2015-08-24 2020-04-06
120.22 ARTISAN DEVELOPING WORLD FUND   2019-04-22 2020-04-06
548.198 BAIRD AGGREGATE BOND FUND   2019-03-11 2020-04-06
13. CARRIER GLOBAL CORP   2018-06-25 2020-04-06
5. CARRIER GLOBAL CORP   2019-07-25 2020-04-06
1. DEXCOM INC   2016-11-03 2020-04-06
204.313 DOUBLELINE TOTAL RETURN BOND FUND   2019-12-11 2020-04-06
751.324 FIDELITY ADV INV GR BND-Z   2017-05-11 2020-04-06
248.304 JPMORGAN HEDGED EQUITY FUND   2019-03-11 2020-04-06
1. MASTERCARD INC   2020-02-25 2020-04-06
1. MICROSOFT CORP COM   2020-01-31 2020-04-06
2. OLD DOMINION FREIGHT LINE INC   2016-10-27 2020-04-06
6.5001 OTIS WORLDWIDE CORP   2018-06-25 2020-04-06
2.4999 OTIS WORLDWIDE CORP   2019-07-25 2020-04-06
1. SHERWIN-WILLIAMS CO/THE   2018-07-11 2020-04-06
9. TJX COMPANIES INC   2018-06-25 2020-04-06
2. TJX COMPANIES INC   2020-01-31 2020-04-06
2. THERMO FISHER SCIENTIFIC INC   2017-05-09 2020-04-06
28.355 WILLIAM BLAIR MACRO ALLOCATION FUND   2017-11-29 2020-04-06
4. ZOETIS INC   2017-05-09 2020-04-06
2. ZOETIS INC   2020-01-31 2020-04-06
2. NXP SEMICONDUCTORS N V   2018-09-19 2020-04-06
1. NXP SEMICONDUCTORS N V   2020-01-31 2020-04-06
2. DEXCOM INC   2017-11-29 2020-04-07
28. TJX COMPANIES INC   2017-03-01 2020-04-16
4. MICROSOFT CORP COM   2019-04-05 2020-04-17
3. PHILIP MORRIS INTERNATIONAL INC   2020-04-06 2020-04-22
12. PHILIP MORRIS INTERNATIONAL INC   2016-12-21 2020-04-22
154.765 INVESCO INTERNATIONAL GROWTH FUND   2020-04-06 2020-04-27
564.72352 INVESCO INTERNATIONAL GROWTH FUND   2016-12-21 2020-04-27
154.76948 INVESCO INTERNATIONAL GROWTH FUND   2015-03-06 2020-04-27
8. WABCO HLDGS INC   2016-08-18 2020-05-04
33. ALLEGHENY TECHNOLOGIES INC   2017-05-09 2020-05-08
823.516 ARTISAN DEVELOPING WORLD FUND   2019-04-22 2020-06-01
1935.534 BARON EMERGING MARKETS FUND   2018-06-25 2020-06-01
62.954 BARON EMERGING MARKETS FUND   2019-12-11 2020-06-01
16. BORG WARNER INC   2013-08-27 2020-06-01
7. CABOT CORP   2013-10-11 2020-06-01
14. ROYAL DUTCH SHELL PLC-ADR   2016-01-29 2020-06-01
9. AKAMAI TECHNOLOGIES INC   2015-10-29 2020-06-04
4. GLOBAL PAYMENTS INC   2016-05-04 2020-06-04
4. MARKETAXESS HOLDINGS INC   2019-01-23 2020-06-04
15. OLD DOMINION FREIGHT LINE INC   2016-10-27 2020-06-04
4. MOTOROLA SOLUTIONS INC   2020-06-01 2020-06-12
1. MOTOROLA SOLUTIONS INC   2017-03-28 2020-06-12
14.923 DOUBLELINE EMG MKTS INC-I   2019-12-11 2020-06-26
226.252 DOUBLELINE EMG MKTS INC-I   2018-03-08 2020-06-26
16. T-MOBILE US INC - RIGHTS   2020-06-26 2020-06-29
2. INTUIT INC   2017-05-09 2020-07-07
6. MERCK & CO INC   2020-06-01 2020-07-07
3. MERCK & CO INC   2017-05-09 2020-07-07
3. SBA COMMUNICATIONS CORP   2016-06-08 2020-07-07
3. TJX COMPANIES INC   2017-02-06 2020-07-07
7. MANHATTAN ASSOCS INC   2017-05-23 2020-07-08
1. AMPHENOL CORP   2020-01-31 2020-07-13
7. AMPHENOL CORP   2018-05-31 2020-07-13
1. MICROSOFT CORP COM   2019-02-07 2020-07-16
4. AUTODESK INC COM   2018-12-06 2020-07-27
1. INTUIT INC   2017-05-09 2020-07-27
1. ANTHEM INC   2020-06-01 2020-07-31
14. EXXON MOBIL CORP   2016-01-29 2020-08-03
6. EXXON MOBIL CORP   2020-06-01 2020-08-03
2. APPLE INC   2019-07-15 2020-08-10
3. MICROSOFT CORP COM   2019-02-07 2020-08-10
2212.82 WILLIAM BLAIR MACRO ALLOCATION FUND   2019-03-11 2020-08-13
2. DANAHER CORP   2015-09-01 2020-08-17
4. APPLE INC   2019-07-15 2020-09-01
1. NOVARTIS AG-ADR   2018-09-05 2020-09-01
3. NOVARTIS AG-ADR   2020-06-01 2020-09-01
6. APPLE INC   2019-07-15 2020-09-03
2. MICROSOFT CORP COM   2018-12-20 2020-09-03
15. AMPHENOL CORP   2013-08-27 2020-09-09
2. ILLUMINA INC   2019-07-15 2020-09-17
2. ILLUMINA INC   2020-01-31 2020-09-18
3. ILLUMINA INC   2019-09-17 2020-09-18
13. OLD DOMINION FREIGHT LINE INC   2016-10-27 2020-09-18
6. MARKETAXESS HOLDINGS INC   2014-06-17 2020-09-23
5. CVS HEALTH CORP   2020-06-01 2020-10-01
16. CVS HEALTH CORP   2016-12-21 2020-10-01
2.6 VONTIER CORP   2020-03-11 2020-10-19
12.4 VONTIER CORP   2019-01-07 2020-10-19
2. AMERICAN TOWER CORP   2020-06-01 2020-11-12
3. MICROSOFT CORP COM   2019-09-17 2020-11-12
.6 VONTIER CORP   2020-03-11 2020-11-13
7. PFIZER INC COM   2020-06-01 2020-11-16
22. PFIZER INC COM   2019-01-23 2020-11-16
3. PAYPAL HOLDINGS INC   2016-07-11 2020-11-17
68.933 ARTISAN DEVELOPING WORLD FUND   2019-04-22 2020-12-02
185.032 BARON EMERGING MARKETS FUND   2016-09-06 2020-12-02
4. SALESFORCE COM INC   2013-08-27 2020-12-04
4. SALESFORCE COM INC   2013-08-27 2020-12-08
5. ISHARES CORE S& P 500 ETF   2019-03-11 2020-12-10
3. SALESFORCE COM INC   2013-08-27 2020-12-11
33.08 ADVISERS INVT TR JOHCM INTL SL I   2017-05-09 2020-12-15
3. SALESFORCE COM INC   2013-08-27 2020-12-15
1. PAYPAL HOLDINGS INC   2016-07-11 2020-12-23
8. GENPACT LTD USD 0.001   2020-02-10 2020-12-23
16. GENPACT LTD USD 0.001   2018-06-25 2020-12-23
36. C D W CORP/DE   2014-10-16 2020-12-28
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(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 1,337   565 772
b 1,996   2,087 -91
c 283   179 104
d 376   182 194
e 472   126 346
1,415   1,201 214
262   245 17
368   210 158
885   777 108
3,782   884 2,898
243   322 -79
49   64 -15
875   897 -22
675   869 -194
113   261 -148
188   627 -439
309   793 -484
448   695 -247
1,651   1,448 203
45   544 -499
678   1,101 -423
111   547 -436
328   144 184
321   496 -175
4,534   5,960 -1,426
1,719   1,618 101
6,217   5,849 368
199   227 -28
77   113 -36
266   63 203
2,135   2,184 -49
6,228   5,905 323
5,098   4,846 252
260   303 -43
162   171 -9
271   101 170
294   340 -46
113   170 -57
453   415 38
417   420 -3
93   118 -25
600   344 256
300   339 -39
502   238 264
251   269 -18
172   184 -12
86   128 -42
517   116 401
1,308   1,085 223
707   450 257
219   226 -7
876   974 -98
4,203   4,024 179
15,338   17,455 -2,117
4,204   5,173 -969
1,076   839 237
275   704 -429
14,840   11,085 3,755
24,910   25,752 -842
810   898 -88
526   766 -240
256   304 -48
455   612 -157
925   547 378
739   135 604
1,999   548 1,451
2,482   759 1,723
553   558 -5
138   84 54
150   157 -7
2,278   2,371 -93
3   5 -2
623   254 369
474   480 -6
237   190 47
922   309 613
154   113 41
632   330 302
96   100 -4
671   315 356
204   105 99
949   543 406
296   127 169
271   290 -19
594   1,080 -486
255   273 -18
903   410 493
622   308 314
23,522   25,693 -2,171
412   130 282
536   205 331
87   72 15
260   261 -1
728   307 421
433   203 230
1,613   568 1,045
596   604 -8
589   586 3
883   902 -19
2,462   658 1,804
2,693   330 2,363
289   328 -39
924   971 -47
73   66 7
348   237 111
477   516 -39
654   340 314
17   13 4
261   247 14
819   900 -81
578   115 463
1,727   928 799
3,273   2,252 1,021
903   170 733
910   170 740
1,836   1,399 437
664   127 537
1,000   669 331
657   127 530
241   38 203
334   347 -13
667   417 250
4,701   1,024 3,677
      1,965
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      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
      1,965
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       772
b       -91
c       104
d       194
e       346
      214
      17
      158
      108
      2,898
      -79
      -15
      -22
      -194
      -148
      -439
      -484
      -247
      203
      -499
      -423
      -436
      184
      -175
      -1,426
      101
      368
      -28
      -36
      203
      -49
      323
      252
      -43
      -9
      170
      -46
      -57
      38
      -3
      -25
      256
      -39
      264
      -18
      -12
      -42
      401
      223
      257
      -7
      -98
      179
      -2,117
      -969
      237
      -429
      3,755
      -842
      -88
      -240
      -48
      -157
      378
      604
      1,451
      1,723
      -5
      54
      -7
      -93
      -2
      369
      -6
      47
      613
      41
      302
      -4
      356
      99
      406
      169
      -19
      -486
      -18
      493
      314
      -2,171
      282
      331
      15
      -1
      421
      230
      1,045
      -8
      3
      -19
      1,804
      2,363
      -39
      -47
      7
      111
      -39
      314
      4
      14
      -81
      463
      799
      1,021
      733
      740
      437
      537
      331
      530
      203
      -13
      250
      3,677
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 26,105
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................................ 1 424
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........................... 3 424
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- ..... 5 424
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 760
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.............. 7 760
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 10 336
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet336 RefundedBullet 11 0
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)
    bulletIN
    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 ofbulletREGIONS BANK TRUST DEPT Telephone no.bullet (205) 820-3141

    Located atbullet250 RIVERCHASE PARKWAY EASTBIRMINGHAMAL ZIP+4bullet35244
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    REGIONS BANK TRUSTEE
    1     		13,920    
    250 RIVERCHASE PARKWAY EAST
    BIRMINGHAM,AL35244
    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
    967,686
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    967,686
    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
    967,686
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    14,515
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    953,171
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    47,659
    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
    47,659
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    424
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    424
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    47,235
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    47,235
    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
    47,235
    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
    51,284
    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
    51,284
    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
    51,284
    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 47,235
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 3,183
    d From 2018...... 2,916
    e From 2019...... 3,490
    fTotal of lines 3a through e........ 9,589
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 51,284
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 47,235
    e Remaining amount distributed out of corpus 4,049
    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 13,638
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		13,638
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 3,183
    c Excess from 2018.... 2,916
    d Excess from 2019.... 3,490
    e Excess from 2020.... 4,049
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    CLINTON CENTRAL EDUCATION FOUNDATION
    725 N STATE RD 29
    Michigantown,IN46057     		NONE PC EDUCATION 11,750
    PUBLIC SCHOOL FOUNDATION OF THE
    ROSSVILLE CONSOLIDATED SCHOOL
    P O BOX 11
    ROSSVILLE,IN46065     		NONE PC EDUCATION 11,750
    FRANKFORT EDUCATION FOUNDATION
    LESLIE MICHAEL TREASURER
    2400 E WABASH ST
    FRANKFORT,IN46041     		NONE PC EDUCATION 11,750
    CLINTON PRAIRIE EDUCATION FDN
    THE FARMERS BANK/TAMMY MOSS
    P O BOX 129
    FRANKFORT,IN46041     		NONE PC EDUCATION 11,750
    Total .................................bullet 3a 47,000
    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 17,483  
    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 26,105  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL TAX REFUND     		    14 130  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   43,718  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    43,718
    (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:
    LAURAYNE G TEMPLETON IRREVOCABLE TRUST
    EIN:
    30-6000290
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

    TY 2020 InvestmentsOtherSchedule2
    Name:
    LAURAYNE G TEMPLETON IRREVOCABLE TRUST
    EIN:
    30-6000290
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    562750109 MANHATTAN ASSOCS INC AT COST 1,524 2,945
    594918104 MICROSOFT CORP COM AT COST 2,219 6,005
    679580100 OLD DOMINION FREIGHT      
    73278L105 POOL CORP AT COST 978 5,215
    749607107 R L I CORP AT COST 1,151 1,979
    76657Y101 RIGHTMOVE PLC AT COST 2,783 3,974
    79466L302 SALESFORCE COM INC      
    911312106 UNITED PARCEL SERVIC AT COST 1,847 2,694
    913017109 UNITED TECHNOLOGIES      
    949746101 WELLS FARGO & CO NEW      
    N6596X109 NXP SEMICONDUCTORS N AT COST 1,495 2,703
    00203H859 AQR MANAGED FUTURES AT COST 26,346 21,184
    00206R102 AT&T INC      
    00724F101 ADOBE SYS INC COM AT COST 951 3,001
    00770G847 JOHCM INTERNATIONAL AT COST 21,965 32,845
    02209S103 ALTRIA GROUP INC      
    023135106 AMAZON COM INC AT COST 1,114 6,514
    03755L104 APERGY CORP      
    042735100 ARROW ELECTRONICS IN AT COST 686 876
    04316A108 ARTISAN PARTNERS ASS AT COST 1,097 1,762
    090572207 BIO RAD LABS INC CL AT COST 530 1,749
    12504L109 CBRE GROUP INC AT COST 714 1,756
    126408103 CSX CORP AT COST 375 1,361
    60786M105 MOELIS & CO AT COST 2,202 2,338
    212015101 CONTINENTAL RESOURCE AT COST 1,197 766
    285512109 ELECTRONIC ARTS AT COST 4,303 5,026
    46120E602 INTUITIVE SURGICAL I AT COST 1,294 4,909
    58933Y105 MERCK & CO INC AT COST 994 1,472
    66987V109 NOVARTIS AG AT COST 688 944
    718172109 PHILIP MORRIS INTERN      
    75524B104 RBC BEARINGS INC AT COST 725 2,148
    759351604 REINSURANCE GROUP OF AT COST 579 927
    760759100 REPUBLIC SERVICES IN AT COST 1,402 2,600
    780259206 ROYAL DUTCH SHELL PL      
    824348106 SHERWIN-WILLIAMS CO/ AT COST 1,964 3,675
    860630102 STIFEL FINANCIAL COR AT COST 581 984
    879360105 TELEDYNE TECHNOLOGIE AT COST 1,475 5,880
    883556102 THERMO FISHER SCIENT AT COST 1,744 4,658
    92939U106 WEC ENERGY GROUP INC AT COST 709 1,288
    009158106 AIR PRODUCTS & CHEMI AT COST 1,679 2,732
    045327103 ASPEN TECHNOLOGY INC AT COST 937 3,517
    060505104 BANK OF AMERICA CORP AT COST 3,668 4,547
    06828M876 BARON EMERGING MARKE AT COST 38,861 67,308
    12514G108 C D W CORP/DE      
    127055101 CABOT CORP      
    14040H105 CAPITAL ONE FINANCIA AT COST 1,036 1,087
    171798101 CIMAREX ENERGY CO AT COST 1,378 1,050
    23331A109 D R HORTON INC AT COST 723 2,068
    361448103 GATX CORP AT COST 541 998
    620076307 MOTOROLA SOLUTIONS I AT COST 896 2,211
    03027X100 AMERICAN TOWER CORP AT COST 893 2,469
    09215C105 BLACK KNIGHT INC AT COST 706 1,590
    G3922B107 GENPACT LTD USD 0.00 AT COST 856 1,861
    37940X102 GLOBAL PAYMENTS INC AT COST 289 2,585
    695156109 PACKAGING CORP OF AM AT COST 529 1,103
    872540109 TJX COS INC/THE AT COST 848 1,844
    03524A108 ANHEUSER-BUSCH INBEV      
    172908105 CINTAS CORP AT COST 1,547 3,181
    231021106 CUMMINS INC AT COST 560 1,363
    235851102 DANAHER CORP AT COST 1,247 3,554
    28176E108 EDWARDS LIFESCIENCES AT COST 2,724 4,835
    34959J108 FORTIVE CORP. AT COST 1,825 2,762
    573284106 MARTIN MARIETTA MATE AT COST 809 1,420
    74164M108 PRIMERICA INC AT COST 1,243 3,884
    816851109 SEMPRA ENERGY AT COST 2,519 2,930
    871607107 SYNOPSYS INC COM AT COST 839 3,889
    87166B102 SYNEOS HEALTH INC CL AT COST 823 1,158
    969251750 WILLIAM BLAIR MACRO      
    98978V103 ZOETIS INC AT COST 1,842 4,469
    00507V109 ACTIVISION BLIZZARD AT COST 933 2,228
    012653101 ALBEMARLE CORP AT COST 852 1,328
    02079K107 ALPHABET INC AT COST 2,244 5,256
    03073E105 AMERISOURCEBERGEN CO AT COST 1,708 2,053
    031162100 AMGEN INC AT COST 787 1,150
    032095101 AMPHENOL CORP      
    057071854 BAIRD AGGREGATE BOND AT COST 33,756 37,396
    099724106 BORG WARNER INC      
    20030N101 COMCAST CORP AT COST 2,683 3,982
    258620509 DOUBLELINE EMG MKTS AT COST 3,681 3,846
    260003108 DOVER CORP AT COST 623 1,136
    278265103 EATON VANCE CORP AT COST 634 1,087
    369550108 GENERAL DYNAMICS COR AT COST 417 744
    426281101 JACK HENRY & ASSOCIA AT COST 548 1,782
    461202103 INTUIT INC AT COST 951 4,558
    693506107 PPG INDUSTRIES INC AT COST 1,269 1,731
    743315103 PROGRESSIVE CORP/THE AT COST 1,589 4,153
    754730109 RAYMOND JAMES FINANC AT COST 583 1,339
    808513105 CHARLES SCHWAB CORP/ AT COST 797 1,061
    81211K100 SEALED AIR CORP AT COST 640 916
    858912108 STERICYCLE INC AT COST 1,693 1,872
    89417E109 TRAVELERS COS INC/TH AT COST 855 1,263
    G7496G103 RENAISSANCERE HLDGS AT COST 466 829
    025816109 AMERICAN EXPRESS CO AT COST 1,620 2,781
    09857L108 BOOKING HOLDINGS INC      
    303075105 FACTSET RESEARCH SYS AT COST 1,055 2,660
    437076102 HOME DEPOT INC/THE AT COST 1,659 2,656
    464287200 ISHARES CORE S& P 50 AT COST 143,023 231,240
    46625H100 J P MORGAN CHASE & C AT COST 2,607 4,829
    46637K265 JPMORGAN HEDGED EQUI AT COST 46,052 56,814
    49338L103 KEYSIGHT TECHNOLOGIE AT COST 705 2,378
    00846U101 AGILENT TECHNOLOGIES AT COST 829 2,133
    16119P108 CHARTER COMMUNICATIO AT COST 1,856 3,969
    03662Q105 ANSYS INC AT COST 538 2,547
    244199105 DEERE & CO AT COST 1,873 3,498
    45866F104 INTERCONTINENTAL EXC AT COST 1,151 2,882
    01609W102 ALIBABA GROUP HOLDIN AT COST 1,286 2,095
    441593100 HOULIHAN LOKEY INC AT COST 1,176 1,479
    05278C107 AUTOHOME INC AT COST 1,336 4,981
    258620103 DOUBLELINE TOTAL RET      
    237194105 DARDEN RESTAURANTS I AT COST 645 1,787
    036752103 ANTHEM INC AT COST 777 1,927
    741511109 PRICESMART INC AT COST 1,862 2,277
    101121101 BOSTON PROPERTIES IN AT COST 870 851
    22160K105 COSTCO WHSL CORP NEW AT COST 783 2,637
    493267108 KEYCORP NEW COM AT COST 505 706
    30231G102 EXXON MOBIL CORP      
    384109104 GRACO INC AT COST 1,603 4,269
    038336103 APTARGROUP INC AT COST 532 1,232
    78410G104 SBA COMMUNICATIONS C AT COST 2,833 5,078
    252131107 DEXCOM INC AT COST 522 3,327
    438516106 HONEYWELL INTERNATIO AT COST 1,828 3,616
    126650100 CVS HEALTH CORP      
    478160104 JOHNSON & JOHNSON AT COST 1,683 2,361
    57060D108 MARKETAXESS HOLDINGS      
    776696106 ROPER TECHNOLOGIES I AT COST 1,419 3,449
    717081103 PFIZER INC      
    833034101 SNAP ON INC AT COST 661 1,198
    24906P109 DENTSPLY SIRONA INC AT COST 1,147 1,257
    452308109 ILLINOIS TOOL WORKS AT COST 1,286 2,447
    891092108 TORO CO/THE AT COST 1,887 3,319
    810186106 SCOTTS MIRACLE-GRO C AT COST 425 1,593
    574599106 MASCO CORP AT COST 601 1,538
    91324P102 UNITED HEALTH GROUP AT COST 1,005 2,104
    902973304 US BANCORP DEL AT COST 1,144 1,351
    70450Y103 PAYPAL HOLDINGS INC AT COST 877 4,918
    983919101 XILINX INC AT COST 970 2,552
    68389X105 ORACLE CORP AT COST 932 1,294
    867224107 SUNCOR ENERGY INC AT COST 1,329 956
    052769106 AUTODESK INC COM AT COST 2,684 7,634
    05605H100 BWX TECHNOLOGIES INC      
    92927K102 WABCO HLDGS INC      
    166764100 CHEVRONTEXACO CORP AT COST 1,471 1,436
    064058100 THE BANK OF NEW YORK AT COST 1,253 1,401
    980745103 WOODWARD INC AT COST 514 1,458
    257651109 DONALDSON CO INC AT COST 600 1,229
    N22717107 CORE LABORATORIES N      
    H84989104 TE CONNECTIVITY LTD AT COST 2,185 3,632
    92826C839 VISA INC      
    518439104 ESTEE LAUDER COS INC AT COST 928 3,460
    25470M109 DISH NETWORK CORP AT COST 3,232 2,846
    00912X302 AIR LEASE CORP AT COST 858 888
    277432100 EASTMAN CHEMICAL CO AT COST 760 1,003
    571748102 MARSH & MCLENNAN COS AT COST 782 1,638
    921943809 VANGUARD DEVELOPED M AT COST 58,693 64,621
    262037104 DRIL-QUIP INC AT COST 1,654 1,037
    50540R409 LABORATORY CORP AMER AT COST 596 1,018
    01741R102 ALLEGHENY TECHNOLOGI      
    00971T101 AKAMAI TECHNOLOGIES AT COST 696 945
    037833100 APPLE INC AT COST 679 1,327
    00889A400 INVESCO INTERNATIONA      
    03064D108 AMERICOLD REALTY TRU AT COST 1,564 1,829
    87807B107 TC ENERGY CORP AT COST 1,591 1,344
    115637209 BROWN-FORMAN CORP AT COST 1,872 3,018
    084670702 BERKSHIRE HATHAWAY I AT COST 1,205 1,391
    04314H592 ARTISAN DEVELOPING W AT COST 14,343 28,463
    31635T807 FIDELITY ADV INV GR AT COST 34,118 37,411
    83088M102 SKYWORKS SOLUTIONS I AT COST 1,608 2,599
    452327109 ILLUMINA INC      
    35137L204 FOX CORP      
    502431109 L3HARRIS TECHNOLOGIE AT COST 2,801 2,646
    74440Y884 PGIM HIGH YIELD FUND AT COST 11,667 11,963
    G8060N102 SENSATA TECHNOLOGIES AT COST 1,584 2,004
    038222105 APPLIED MATERIALS IN AT COST 1,344 2,762
    281020107 EDISON INTERNATIONAL AT COST 3,155 3,204
    49271V100 KEURIG DR PEPPER INC AT COST 1,409 1,632
    302941109 FTI CONSULTING INC AT COST 3,216 3,463
    57636Q104 MASTERCARD INC AT COST 3,635 4,283
    829073105 SIMPSON MANUFACTURIN AT COST 2,334 2,710
    32051X108 FIRST HAWAIIAN INC AT COST 3,730 3,891
    666807102 NORTHROP GRUMMAN COR AT COST 2,073 1,828
    747525103 QUALCOMM INC AT COST 1,214 1,523
    871829107 SYSCO CORP AT COST 943 1,337
    81762P102 SERVICENOW INC AT COST 2,133 2,202
    005098108 ACUSHNET HOLDINGS CO AT COST 2,336 3,122
    12571T100 CMC MATERIALS INC AT COST 1,174 1,210
    68902V107 OTIS WORLDWIDE CORP AT COST 1,064 1,351
    57667L107 MATCH GROUP INC AT COST 2,393 3,326
    92537N108 VERTIV HOLDNGS LLC AT COST 1,083 1,214
    872590104 T -MOBILE US INC AT COST 1,787 2,562
    922020813 VANGUARD EMERG MKTS AT COST 2,429 2,587
    09258N570 BLACKROCK TACT OPPOR AT COST 23,522 23,472
    512807108 LAM RESH CORP COM AT COST 1,467 2,361
    258620566 DOUBLELINE TTL RTRN AT COST 15,524 15,816
    942749102 WATTS WATER TECHNOLO AT COST 2,638 2,799
    550021109 LULULEMON ATHLETICA AT COST 1,774 2,784
    29084Q100 EMCOR GROUP INC AT COST 2,809 3,567
    75513E101 RAYTHEON TECHNOLOGIE AT COST 3,151 3,432
    20825C104 CONOCOPHILLIPS AT COST 1,086 1,040
    82509L107 SHOPIFY INC-A W/I AT COST 3,176 3,396
    412295107 HARDING LOEVNER FDS AT COST 23,290 33,079
    713448108 PEPSICO INC AT COST 1,270 1,483
    76171L106 REYNOLDS CONSUMER PR AT COST 1,783 1,742

    TY 2020 OtherDecreasesSchedule
    Name:
    LAURAYNE G TEMPLETON IRREVOCABLE TRUST
    EIN:
    30-6000290
    Description Amount
    DISALLOWED WASH SALES 969
    COST BASIS ADJ 124
    MUTUAL FUND TIMING SUBTRACTION ADJ 184


    TY 2020 OtherExpensesSchedule
    Name:
    LAURAYNE G TEMPLETON IRREVOCABLE TRUST
    EIN:
    30-6000290
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSES-DIVIDEND I 1 1   0


    TY 2020 OtherIncomeSchedule2
    Name:
    LAURAYNE G TEMPLETON IRREVOCABLE TRUST
    EIN:
    30-6000290
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL TAX REFUND 130 0  


    TY 2020 OtherIncreasesSchedule
    Name:
    LAURAYNE G TEMPLETON IRREVOCABLE TRUST
    EIN:
    30-6000290
    Description Amount
    MUTUAL FUND TIMING ADDITION ADJ 2


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    LAURAYNE G TEMPLETON IRREVOCABLE TRUST
    EIN:
    30-6000290
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMNT MNGMNT FEES (NON-DED 1,509 1,509    


    TY 2020 TaxesSchedule
    Name:
    LAURAYNE G TEMPLETON IRREVOCABLE TRUST
    EIN:
    30-6000290
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 208 208   0
    FEDERAL TAX PAYMENT - PRIOR YE 379 0   0
    FEDERAL ESTIMATES - PRINCIPAL 760 0   0
    FOREIGN TAXES ON NONQUALIFIED 21 21   0