TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

Do not enter social security numbers on this form as it may be made public.
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Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2020

Open to Public Inspection

For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020

Name of foundation
CO TA HUFFMAN-CORNWELL FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)C/O FIRST CITIZENS BANK PO BOX 29
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
RALEIGH, NC27626

A Employer identification number

56-6065286

B Telephone number (see instructions)

(919) 716-7347

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$3,235,672J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	57,776		57,658
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		101,483
b	Gross sales price for all assets on line 6a 2,387,267
7	Capital gain net income (from Part IV, line 2)...			101,483
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).......
12	Total. Add lines 1 through 11........	159,259		159,141
13	Compensation of officers, directors, trustees, etc.	22,743		20,743		2,000
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).......		750	750	0	0
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		5,014	1,439		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).......		1,105			1,105
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	29,612		22,932	0	3,105
25	Contributions, gifts, grants paid.......	131,744				131,744
26	Total expenses and disbursements. Add lines 24 and 25	161,356		22,932	0	134,849
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-2,097
b	Net investment income (if negative, enter -0-)			136,209
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	47,940	81,420	81,420
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	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).......	2,048,197	1,834,480	2,312,993
	c	Investments—corporate bonds (attach schedule).......	654,062	821,980	841,259
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........			0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,750,199	2,737,880	3,235,672
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	2,750,199	2,737,880
	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).....	2,750,199	2,737,880
	30	Total liabilities and net assets/fund balances (see instructions).	2,750,199	2,737,880

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

2,750,199

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

-2,097

Other increases not included in line 2 (itemize) bullet

1,017

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

2,749,119

Decreases not included in line 2 (itemize) bullet

11,239

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

2,737,880

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	2160.957 AMERICAN BEACON BRIDGEWAY LARGE CAP VALUE FUND CL R5 #3416			2020-01-06
b	536.449 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804			2020-01-06
c	1584.996 CARILLON CLARIVEST CAPITAL APPRECIATION FUND CLASS I #3852			2020-01-06
d	1296.785 FIDELITY LARGE CAP GROWTH INDEX FUND #2826			2020-01-06
e	4125.132 GOLDMAN SACHS ENHANCED INCOME FD CL I #1999		2018-04-10	2020-01-06
	390.343 WCM FOCUSED INTERNATIONAL GROWTH FUND #840		2018-07-11	2020-01-06
	24. ISHARES RUSSELL MID-CAP VALUE ETF		2019-11-13	2020-01-06
	479. ISHARES MSCI ACWI ETF		2019-11-29	2020-01-06
	326.552 JPMORGAN VALUE ADVANTAGE FUND CLASS R6 #2336		2017-11-07	2020-01-06
	582.077 MFS MID CAP VALUE R6 #4837		2017-09-27	2020-01-06
	624.98 JACKSON SQUARE SMID-CAP GROWTH FUND - IS CLASS #196			2020-01-06
	1337.981 MORGAN STANLEY INST GROWTH IR #8708			2020-01-06
	479.982 PEAR TREE POLARIS FOREIGN VALUE FUND CL R6 #8896		2018-07-11	2020-01-06
	365.829 T ROWE PRICE MID-CAP GROWTH FUND CLASS I #524			2020-01-06
	379.235 WELLS FARGO SPECIAL MID CAP VALUE FUND CLASS R6 #4662		2016-11-16	2020-01-06
	2.098 MFS MID CAP VALUE R6 #4837		2017-09-27	2020-01-07
	665. ISHARES RUSSELL MID-CAP VALUE ETF		2019-11-13	2020-03-06
	12.327 NUANCE MID CAP VALUE FUND CLASS Z		2020-01-06	2020-03-06
	4.326 NUANCE MID CAP VALUE FUND CLASS Z		2020-01-06	2020-03-06
	29.725 BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO CLASS K #1943		2020-01-06	2020-03-11
	502. ISHARES RUSSELL MID-CAP GROWTH ETF			2020-03-11
	2785.055 AMERICAN BEACON GARCIA HAMILTON QUALITY BOND FUND CL R5 #4851		2018-07-11	2020-03-13
	3874.802 BAIRD AGGREGATE BOND FUND INST #72			2020-03-13
	49.872 FIDELITY LARGE CAP GROWTH INDEX FUND #2826		2017-11-07	2020-03-13
	1186.952 GOLDMAN SACHS ENHANCED INCOME FD CL I #1999		2018-04-10	2020-03-13
	154.469 MORGAN STANLEY INST GROWTH IR #8708		2018-01-03	2020-03-13
	3032.759 WELLS FARGO CORE BOND FUND CLASS R6 #4657			2020-03-13
	343.362 ASHMORE EMERGING MARKETS ACTIVE EQUITY FUND - INST		2020-01-06	2020-03-16
	23.207 BALLIE GIFFORD EMERGING MARKETS EQUITIES FUND CLASS K		2019-12-27	2020-03-16
	175.168 CARILLON CLARIVEST CAPITAL APPRECIATION FUND CLASS I #3852		2019-03-04	2020-03-16
	65.021 COLUMBIA SMALL CAP INDEX FUND INTL #444			2020-03-16
	143.837 FIDELITY MID CAP VALUE INDEX FUND #3404		2020-03-06	2020-03-16
	930.066 FIDELITY LARGE CAP VALUE INDEX FUND - INST PR #2830			2020-03-16
	701.024 FIDELITY LARGE CAP GROWTH INDEX FUND #2826		2017-11-07	2020-03-16
	70.986 JPMORGAN VALUE ADVANTAGE FUND CLASS R6 #2336		2017-11-07	2020-03-16
	25.643 MFS MID CAP VALUE R6 #4837		2017-09-27	2020-03-16
	83.448 PIMCO STOCKSPLUS SMALL FUND - INST #1885		2019-03-04	2020-03-16
	25.512 T ROWE PRICE MID-CAP GROWTH FUND CLASS I #524		2019-03-04	2020-03-16
	98.548 VANGUARD EQUITY INCOME FUND ADM #565		2020-01-06	2020-03-16
	240.863 VICTORY INTEGRITY DISCOVERY FUND CLASS Y		2019-03-04	2020-03-18
	158.602 VICTORY INTEGRITY DISCOVERY FUND CLASS Y			2020-03-18
	1426.693 PIMCO STOCKSPLUS INTERNATIONAL FUND U.S. DOLLAR-HEDGED INST #			2020-03-23
	5233.915 PIMCO STOCKSPLUS INTERNATIONAL FUND U.S. DOLLAR-HEDGED INST #			2020-03-23
	29.32 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804		2018-12-14	2020-03-26
	121.652 PIMCO STOCKSPLUS INTERNATIONAL FUND UNHEDGED INST #321		2020-03-23	2020-03-26
	234.577 VICTORY INTEGRITY DISCOVERY FUND CLASS Y			2020-03-27
	3073.97 AMERICAN BEACON BRIDGEWAY LARGE CAP VALUE FUND CL R5 #3416			2020-04-06
	1180.624 AMERICAN BEACON BRIDGEWAY LARGE CAP VALUE FUND CL R5 #3416			2020-04-06
	322.064 AMERICAN BEACON GARCIA HAMILTON QUALITY BOND FUND CL R5 #4851			2020-04-06
	956.804 AMERICAN BEACON GARCIA HAMILTON QUALITY BOND FUND CL R5 #4851		2018-07-11	2020-04-06
	185.947 BALLIE GIFFORD EMERGING MARKETS EQUITIES FUND CLASS K			2020-04-06
	66.522 BALLIE GIFFORD EMERGING MARKETS EQUITIES FUND CLASS K		2020-01-06	2020-04-06
	1712.522 BAIRD AGGREGATE BOND FUND INST #72		2016-11-15	2020-04-06
	1134.316 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804		2016-11-15	2020-04-06
	1191.361 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804			2020-04-06
	246.199 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND CLASS R6 #			2020-04-06
	63.089 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #4		2017-06-27	2020-04-06
	65.243 T ROWE PRICE EMERGING MARKETS STOCK FUND CLASS I #531		2017-06-27	2020-04-06
	316.892 TIAA-CREF EMERGING MARKETS EQUITY INDEX FUND INST #2245		2017-06-27	2020-04-06
	259.808 TIAA-CREF EMERGING MARKETS EQUITY INDEX FUND INST #2245		2017-06-27	2020-04-06
	1484.77 WELLS FARGO CORE BOND FUND CLASS R6 #4657		2017-09-27	2020-04-06
	603.835 CARILLON CLARIVEST CAPITAL APPRECIATION FUND CLASS I #3852		2019-03-04	2020-05-15
	6025.463 FIDELITY LARGE CAP VALUE INDEX FUND - INST PR #2830			2020-05-15
	2660.835 FIDELITY LARGE CAP GROWTH INDEX FUND #2826		2017-11-07	2020-05-15
	159.226 T ROWE PRICE INSTITUTIONAL LARGE-CAP CORE GROWTH FUND #148		2020-01-06	2020-05-15
	578.399 JPMORGAN VALUE ADVANTAGE FUND CLASS R6 #2336			2020-05-15
	172.186 MORGAN STANLEY INST GROWTH IR #8708			2020-05-15
	217.596 MORGAN STANLEY INST GROWTH IR #8708		2018-01-03	2020-05-15
	35.936 VANGUARD EQUITY INCOME FUND ADM #565		2020-01-06	2020-05-15
	15.858 FIDELITY LARGE CAP VALUE INDEX FUND - INST PR #2830		2017-11-07	2020-05-18
	3.136 JPMORGAN VALUE ADVANTAGE FUND CLASS R6 #2336		2017-11-07	2020-05-18
	24.746 MORGAN STANLEY INST GROWTH IR #8708		2019-08-27	2020-05-18
	2.103 VANGUARD EQUITY INCOME FUND ADM #565		2020-01-06	2020-05-18
	50.452 ARTISAN INTERNATIONAL SMALL-MID FUND INSTL #2467		2019-04-29	2020-06-09
	5.151 ASHMORE EMERGING MARKETS ACTIVE EQUITY FUND - INST		2020-01-06	2020-06-09
	29.098 ASHMORE EMERGING MARKETS ACTIVE EQUITY FUND - INST		2020-01-06	2020-06-09
	105.486 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804		2016-11-15	2020-06-09
	277.81 COLUMBIA SMALL CAP INDEX FUND INTL #444			2020-06-09
	297.265 FEDERATED HERMES MDT SMALL CAP CORE FUND		2019-04-29	2020-06-09
	689.421 FIDELITY MID CAP VALUE INDEX FUND #3404		2020-03-06	2020-06-09
	688.859 FIDELITY MID CAP GROWTH INDEX FUND #3403		2020-03-11	2020-06-09
	1734.288 FIDELITY LARGE CAP VALUE INDEX FUND - INST PR #2830		2017-11-07	2020-06-09
	1600.789 FIDELITY LARGE CAP GROWTH INDEX FUND #2826		2017-11-07	2020-06-09
	268.738 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND CLASS R6 #			2020-06-09
	188. ISHARES RUSSELL TOP 200 GROWTH ETF		2020-05-15	2020-06-09
	21.81 JPMORGAN VALUE ADVANTAGE FUND CLASS R6 #2336		2017-11-07	2020-06-09
	209.334 MFS MID CAP VALUE R6 #4837			2020-06-09
	427.751 JACKSON SQUARE SMID-CAP GROWTH FUND - IS CLASS #196		2019-03-04	2020-06-09
	1566.465 PEAR TREE POLARIS FOREIGN VALUE FUND CL R6 #8896		2018-07-11	2020-06-09
	762.291 PIMCO STOCKSPLUS SMALL FUND - INST #1885			2020-06-09
	64.795 PIMCO STOCKSPLUS SMALL FUND - INST #1885		2019-03-04	2020-06-09
	2.052 T ROWE PRICE MID-CAP GROWTH FUND CLASS I #524		2019-04-29	2020-06-09
	7595.243 AMERICAN BEACON GARCIA HAMILTON QUALITY BOND FUND CL R5 #4851			2020-07-13
	137.732 ASHMORE EMERGING MARKETS ACTIVE EQUITY FUND - INST			2020-07-13
	628.065 ASHMORE EMERGING MARKETS ACTIVE EQUITY FUND - INST			2020-07-13
	332.606 BALLIE GIFFORD EMERGING MARKETS EQUITIES FUND CLASS K			2020-07-13
	72.396 BALLIE GIFFORD EMERGING MARKETS EQUITIES FUND CLASS K		2020-01-06	2020-07-13
	3967.342 BAIRD AGGREGATE BOND FUND INST #72			2020-07-13
	599.641 BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO CLASS K #1943		2020-01-06	2020-07-13
	763.057 CARILLON CLARIVEST CAPITAL APPRECIATION FUND CLASS I #3852		2019-03-04	2020-07-13
	338.784 COLUMBIA SMALL CAP INDEX FUND INTL #444			2020-07-13
	539.593 FIDELITY LARGE CAP VALUE INDEX FUND - INST PR #2830			2020-07-13
	4945.071 FIDELITY LARGE CAP VALUE INDEX FUND - INST PR #2830			2020-07-13
	2541.046 FIDELITY LARGE CAP GROWTH INDEX FUND #2826			2020-07-13
	247.916 FIDELITY LARGE CAP GROWTH INDEX FUND #2826			2020-07-13
	564.603 GOLDMAN SACHS ENHANCED INCOME FD CL I #1999			2020-07-13
	6713.244 GOLDMAN SACHS ENHANCED INCOME FD CL I #1999			2020-07-13
	653.255 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #		2017-06-27	2020-07-13
	142.887 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #		2017-06-27	2020-07-13
	755.053 T ROWE PRICE INSTITUTIONAL LARGE-CAP CORE GROWTH FUND #148		2020-01-06	2020-07-13
	782.168 JPMORGAN VALUE ADVANTAGE FUND CLASS R6 #2336		2017-11-07	2020-07-13
	26.781 MFS MID CAP VALUE R6 #4837		2017-09-27	2020-07-13
	246.179 JACKSON SQUARE SMID-CAP GROWTH FUND - IS CLASS #196		2019-08-27	2020-07-13
	245.156 JACKSON SQUARE SMID-CAP GROWTH FUND - IS CLASS #196		2019-03-04	2020-07-13
	465.865 MORGAN STANLEY INST GROWTH IR #8708			2020-07-13
	276.025 PIMCO STOCKSPLUS SMALL FUND - INST #1885		2019-03-04	2020-07-13
	99.792 T ROWE PRICE MID-CAP GROWTH FUND CLASS I #524			2020-07-13
	257.826 T ROWE PRICE MID-CAP GROWTH FUND CLASS I #524			2020-07-13
	1.204 T ROWE PRICE MID-CAP GROWTH FUND CLASS I #524		2019-07-29	2020-07-13
	722.87 TIAA-CREF EMERGING MARKETS EQUITY INDEX FUND INST #2245		2017-06-27	2020-07-13
	12.391 VANGUARD EQUITY INCOME FUND ADM #565		2020-01-06	2020-07-13
	126.891 VANGUARD EQUITY INCOME FUND ADM #565		2020-01-06	2020-07-13
	3878.031 WELLS FARGO CORE BOND FUND CLASS R6 #4657			2020-07-13
	136.17 AMERICAN BEACON GARCIA HAMILTON QUALITY BOND FUND CL R5 #4851		2018-07-11	2020-07-24
	52.422 ARTISAN INTERNATIONAL SMALL-MID FUND INSTL #2467		2019-04-29	2020-07-24
	263.484 BAIRD AGGREGATE BOND FUND INST #72		2019-04-29	2020-07-24
	76.461 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804		2016-11-15	2020-07-24
	10.083 COHEN & STEERS REAL ESTATE SECURITIES FUND CLASS I #1260		2020-07-13	2020-07-24
	25.229 FEDERATED HERMES MDT SMALL CAP CORE FUND		2019-04-29	2020-07-24
	347.703 FIDELITY MID CAP VALUE INDEX FUND #3404		2020-03-06	2020-07-24
	52.076 FIDELITY MID CAP GROWTH INDEX FUND #3403		2020-07-13	2020-07-24
	313.571 WCM FOCUSED INTERNATIONAL GROWTH FUND #840		2019-04-29	2020-07-24
	141. ISHARES RUSSELL TOP 200 VALUE ETF		2020-07-13	2020-07-24
	111.445 LAZARD INTERNATIONAL EQUITY INST #632			2020-07-24
	13.409 LAZARD INTERNATIONAL EQUITY INST #632		2017-12-01	2020-07-24
	79.664 MFS MID CAP VALUE R6 #4837		2017-09-27	2020-07-24
	19.532 MAINSTAY CBRE GLOBAL INFRASTRUCTURE FUND CLASS I #5023		2020-07-13	2020-07-24
	64.897 NUANCE MID CAP VALUE FUND CLASS Z		2020-01-06	2020-07-24
	35.098 NUVEEN GLOBAL INFRASTRUCTURE FUND CLASS I #6726		2020-07-13	2020-07-24
	66.847 PEAR TREE POLARIS FGN VAL SM CAP R6 #1046		2019-03-04	2020-07-24
	375.899 PIMCO STOCKSPLUS INTERNATIONAL FUND UNHEDGED INST #321			2020-07-24
	224.911 PIMCO STOCKSPLUS SMALL FUND - INST #1885		2019-03-04	2020-07-24
	12.003 PRINCIPAL REAL ESTATE SECURITIES FUND - R6 #4269		2020-07-13	2020-07-24
	1. PROSHARES TR DJ BROOKFIELD GLOBAL INFRASTRUCTURE ETF		2020-07-13	2020-07-24
	90.135 T ROWE PRICE EMERGING MARKETS STOCK FUND CLASS I #531		2017-06-27	2020-07-24
	99.445 VANGUARD EQUITY INCOME FUND ADM #565		2020-01-06	2020-07-24
	125.712 VANGUARD SHORT TERM BOND INDEX ADM #5132		2020-07-13	2020-07-24
	10. VANGUARD SCOTTSDALE FDS VNG RUS2000IDX		2020-07-13	2020-07-24
	36.636 WELLS FARGO SPECIAL MID CAP VALUE FUND CLASS R6 #4662		2019-03-04	2020-07-24
	220.411 WELLS FARGO CORE BOND FUND CLASS R6 #4657			2020-07-24
	52.723 ARTISAN INTERNATIONAL SMALL-MID FUND INSTL #2467		2019-04-29	2020-10-05
	7.974 BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO CLASS K #1943		2020-07-24	2020-10-05
	44.295 COHEN & STEERS REAL ESTATE SECURITIES FUND CLASS I #1260			2020-10-05
	344.123 COLUMBIA SMALL CAP INDEX FUND INTL #444			2020-10-05
	812.171 COLUMBIA SMALL CAP INDEX FUND INTL #444			2020-10-05
	3.198 FEDERATED HERMES MDT SMALL CAP CORE FUND		2019-04-29	2020-10-05
	385.589 FEDERATED HERMES MDT SMALL CAP CORE FUND			2020-10-05
	67.104 FIDELITY MID CAP VALUE INDEX FUND #3404			2020-10-05
	47.384 FIDELITY MID CAP GROWTH INDEX FUND #3403			2020-10-05
	1556.09 FIDELITY LARGE CAP VALUE INDEX FUND - INST PR #2830		2019-08-27	2020-10-05
	5908.754 FIDELITY LARGE CAP VALUE INDEX FUND - INST PR #2830			2020-10-05
	2281.129 FIDELITY LARGE CAP GROWTH INDEX FUND #2826			2020-10-05
	2733.761 FIDELITY LARGE CAP GROWTH INDEX FUND #2826			2020-10-05
	66.724 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND CLASS R6 #4		2019-07-29	2020-10-05
	1299.289 JPMORGAN VALUE ADVANTAGE FUND CLASS R6 #2336			2020-10-05
	1346.413 JPMORGAN VALUE ADVANTAGE FUND CLASS R6 #2336			2020-10-05
	52.034 MORGAN STANLEY INST GROWTH IR #8708		2020-07-24	2020-10-05
	130.878 PIMCO STOCKSPLUS SMALL FUND - INST #1885			2020-10-05
	898.51 PIMCO STOCKSPLUS SMALL FUND - INST #1885			2020-10-05
	84.355 PIMCO STOCKSPLUS SMALL FUND - INST #1885		2019-03-04	2020-10-05
	31.866 PRINCIPAL REAL ESTATE SECURITIES FUND - R6 #4269			2020-10-05
	548.602 VANGUARD EQUITY INCOME FUND ADM #565		2020-01-06	2020-10-05
	9.677 VANGUARD EQUITY INCOME FUND ADM #565		2020-01-06	2020-10-05
	26.345 COLUMBIA SMALL CAP INDEX FUND INTL #444		2020-03-18	2020-10-06
	121.744 FIDELITY LARGE CAP VALUE INDEX FUND - INST PR #2830		2020-04-06	2020-10-06
	103.207 FIDELITY LARGE CAP GROWTH INDEX FUND #2826		2020-04-06	2020-10-06
	48.788 JPMORGAN VALUE ADVANTAGE FUND CLASS R6 #2336		2020-04-06	2020-10-06
	3.861 ARTISAN INTERNATIONAL SMALL-MID FUND INSTL #2467		2019-04-29	2020-10-27
	174.038 ASHMORE EMERGING MARKETS ACTIVE EQUITY FUND - INST		2020-10-05	2020-10-27
	109.912 BALLIE GIFFORD EMERGING MARKETS EQUITIES FUND CLASS K		2020-10-05	2020-10-27
	15.723 BAIRD AGGREGATE BOND FUND INST #72		2019-08-27	2020-10-27
	23.906 BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO CLASS K #1943			2020-10-27
	7.698 CARILLON CLARIVEST CAPITAL APPRECIATION FUND CLASS I #3852		2019-03-04	2020-10-27
	117.502 DIAMOND HILL LARGE CAP FUND CLASS Y #2509		2020-10-05	2020-10-27
	40.227 FEDERATED HERMES MDT SMALL CAP CORE FUND		2019-07-29	2020-10-27
	248.997 FIDELITY MID CAP VALUE INDEX FUND #3404		2020-03-06	2020-10-27
	144.103 FIDELITY MID CAP GROWTH INDEX FUND #3403		2020-07-13	2020-10-27
	144.498 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #		2017-06-27	2020-10-27
	23.69 T ROWE PRICE INSTITUTIONAL LARGE-CAP CORE GROWTH FUND #148		2020-07-24	2020-10-27
	119.819 WCM FOCUSED INTERNATIONAL GROWTH FUND #840		2019-08-27	2020-10-27
	10. ISHARES RUSSELL TOP 200 VALUE ETF		2020-10-05	2020-10-27
	43. ISHARES RUSSELL TOP 200 GROWTH ETF		2020-10-05	2020-10-27
	51.723 MFS MID CAP VALUE R6 #4837		2017-09-27	2020-10-27
	36.014 MAINSTAY CBRE GLOBAL INFRASTRUCTURE FUND CLASS I #5023		2020-10-05	2020-10-27
	29.856 JACKSON SQUARE SMID-CAP GROWTH FUND - IS CLASS #196		2019-08-27	2020-10-27
	31.313 MORGAN STANLEY INST GROWTH IR #8708			2020-10-27
	1.163 NUVEEN GLOBAL INFRASTRUCTURE FUND CLASS I #6726		2020-10-15	2020-10-27
	2.637 PEAR TREE POLARIS FGN VAL SM CAP R6 #1046		2019-03-04	2020-10-27
	185.111 PEAR TREE POLARIS FOREIGN VALUE FUND CL R6 #8896		2018-07-11	2020-10-27
	138.735 PIMCO STOCKSPLUS SMALL FUND - INST #1885		2020-01-06	2020-10-27
	3. PROSHARES TR DJ BROOKFIELD GLOBAL INFRASTRUCTURE ETF		2020-07-13	2020-10-27
	8.022 T ROWE PRICE MID-CAP GROWTH FUND CLASS I #524		2019-08-27	2020-10-27
	34.839 T ROWE PRICE EMERGING MARKETS STOCK FUND CLASS I #531		2017-06-27	2020-10-27
	168.54 TIAA-CREF EMERGING MARKETS EQUITY INDEX FUND INST #2245		2017-06-27	2020-10-27
	5.495 VANGUARD EQUITY INCOME FUND ADM #565		2020-01-06	2020-10-27
	4. VANGUARD SCOTTSDALE FDS VNG RUS2000IDX		2020-10-05	2020-10-27
	3. VANGUARD SCOTTSDALE FDS VNG RUS2000IDX		2020-10-06	2020-10-27
	34.295 WELLS FARGO SPECIAL MID CAP VALUE FUND CLASS R6 #4662		2019-08-27	2020-10-27
	30.457 WELLS FARGO CORE BOND FUND CLASS R6 #4657		2019-09-01	2020-10-27
	127.031 ASHMORE EMERGING MARKETS ACTIVE EQUITY FUND - INST		2019-11-13	2020-12-31
	79.906 BALLIE GIFFORD EMERGING MARKETS EQUITIES FUND CLASS K		2019-11-13	2020-12-31
	290.334 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804		2019-12-13	2020-12-31
	12.93 BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO CLASS K #1943		2020-01-06	2020-12-31
	71.837 COLUMBIA SELECT LARGE CAP VALUE FUND CL I3 #6674			2020-12-31
	4.054 DIAMOND HILL LARGE CAP FUND CLASS Y #2509		2020-12-31	2020-12-31
	43.395 FEDERATED HERMES MDT SMALL CAP CORE FUND		2019-07-29	2020-12-31
	193.665 FIDELITY MID CAP VALUE INDEX FUND #3404			2020-12-31
	40.739 FIDELITY MID CAP GROWTH INDEX FUND #3403			2020-12-31
	51.668 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #4			2020-12-31
	127.434 WCM FOCUSED INTERNATIONAL GROWTH FUND #840			2020-12-31
	93. ISHARES RUSSELL TOP 200 VALUE ETF		2020-10-05	2020-12-31
	176.873 LAZARD INTERNATIONAL EQUITY INST #632			2020-12-31
	16.076 MFS MID CAP VALUE R6 #4837		2019-11-13	2020-12-31
	72.321 JACKSON SQUARE SMID-CAP GROWTH FUND - IS CLASS #196		2019-08-27	2020-12-31
	708.389 PEAR TREE POLARIS FOREIGN VALUE FUND CL R6 #8896			2020-12-31
	319.845 PEAR TREE POLARIS FOREIGN VALUE FUND CL R6 #8896		2018-07-11	2020-12-31
	556.97 PIMCO STOCKSPLUS INTERNATIONAL FUND UNHEDGED INST #321		2020-04-06	2020-12-31
	100.542 PIMCO STOCKSPLUS SMALL FUND - INST #1885			2020-12-31
	12.612 T ROWE PRICE EMERGING MARKETS STOCK FUND CLASS I #531			2020-12-31
	83.371 TIAA-CREF EMERGING MARKETS EQUITY INDEX FUND INST #2245		2019-11-13	2020-12-31
	3.038 VANGUARD EQUITY INCOME FUND ADM #565		2020-01-06	2020-12-31
	9. VANGUARD SCOTTSDALE FDS VNG RUS2000IDX		2020-10-05	2020-12-31
	20.157 WELLS FARGO SPECIAL MID CAP VALUE FUND CLASS R6 #4662		2019-11-13	2020-12-31
	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
	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
	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
	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
	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
	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		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	58,281	60,070	-1,789
b	7,462	6,812	650
c	76,904	71,021	5,883
d	22,992	17,361	5,631
e	39,065	38,776	289
	7,397	6,331	1,066
	2,257	2,201	56
	37,971	37,239	732
	12,102	11,426	676
	14,744	13,660	1,084
	15,287	14,890	397
	64,678	57,782	6,896
	5,467	5,589	-122
	34,955	28,545	6,410
	15,962	13,294	2,668
	53	49	4
	54,796	60,974	-6,178
	151	167	-16
	53	59	-6
	799	915	-116
	65,587	73,768	-8,181
	27,767	27,572	195
	43,979	41,949	2,030
	778	654	124
	11,098	11,157	-59
	6,429	6,651	-222
	40,457	39,153	1,304
	2,819	3,959	-1,140
	356	505	-149
	6,525	7,238	-713
	948	1,565	-617
	1,972	2,664	-692
	8,445	11,090	-2,645
	9,583	9,191	392
	1,764	2,484	-720
	419	602	-183
	484	811	-327
	1,719	2,241	-522
	5,632	7,823	-2,191
	4,502	8,900	-4,398
	2,964	5,897	-2,933
	7,433	8,919	-1,486
	27,269	43,464	-16,195
	319	350	-31
	545	465	80
	5,083	6,711	-1,628
	58,006	76,177	-18,171
	22,278	29,348	-7,070
	3,185	3,189	-4
	9,463	9,472	-9
	3,012	4,043	-1,031
	1,078	1,446	-368
	19,420	18,495	925
	12,149	13,237	-1,088
	12,759	13,989	-1,230
	2,105	2,786	-681
	482	607	-125
	2,399	2,496	-97
	2,843	3,365	-522
	2,330	2,759	-429
	19,985	19,169	816
	28,344	24,950	3,394
	61,761	72,173	-10,412
	46,538	34,884	11,654
	7,904	7,891	13
	15,611	20,363	-4,752
	10,565	8,945	1,620
	13,352	9,369	3,983
	2,306	2,853	-547
	170	189	-19
	89	110	-21
	1,509	1,282	227
	140	167	-27
	782	695	87
	52	59	-7
	297	335	-38
	1,346	1,231	115
	5,784	6,321	-537
	5,434	5,865	-431
	12,968	12,768	200
	15,148	12,393	2,755
	20,586	20,621	-35
	30,431	20,987	9,444
	2,854	2,952	-98
	19,988	18,356	1,632
	711	763	-52
	4,777	4,929	-152
	11,545	10,180	1,365
	15,555	18,242	-2,687
	6,670	7,414	-744
	567	630	-63
	196	188	8
	78,231	75,218	3,013
	1,478	1,587	-109
	6,739	7,027	-288
	7,048	7,091	-43
	1,534	1,574	-40
	47,013	42,854	4,159
	20,016	18,463	1,553
	40,091	31,530	8,561
	6,298	7,058	-760
	5,946	6,150	-204
	54,495	63,172	-8,677
	49,957	33,302	16,655
	4,874	4,399	475
	5,375	5,333	42
	63,910	63,204	706
	6,265	6,284	-19
	1,370	1,375	-5
	42,366	37,420	4,946
	23,160	27,369	-4,209
	560	629	-69
	6,876	5,598	1,278
	6,847	5,835	1,012
	34,460	23,478	10,982
	2,222	2,684	-462
	9,338	8,566	772
	24,125	24,423	-298
	113	117	-4
	8,060	7,677	383
	845	984	-139
	8,654	10,073	-1,419
	54,370	50,074	4,296
	1,408	1,348	60
	844	722	122
	3,146	2,840	306
	981	892	89
	146	144	2
	441	498	-57
	6,283	6,439	-156
	1,179	1,137	42
	6,516	5,161	1,355
	7,197	7,064	133
	1,915	2,061	-146
	230	250	-20
	1,755	1,870	-115
	217	212	5
	819	878	-59
	358	346	12
	619	688	-69
	2,090	1,740	350
	1,896	2,187	-291
	287	281	6
	40	40
	4,084	3,448	636
	6,989	7,894	-905
	1,369	1,369
	1,187	1,158	29
	1,298	1,371	-73
	3,110	2,834	276
	939	727	212
	300	277	23
	691	636	55
	7,106	7,616	-510
	16,771	14,591	2,180
	59	63	-4
	7,153	7,604	-451
	1,279	1,247	32
	1,150	1,045	105
	18,424	18,611	-187
	69,960	59,763	10,197
	49,774	35,999	13,775
	59,651	45,446	14,205
	780	767	13
	40,902	36,652	4,250
	42,385	46,658	-4,273
	4,669	3,912	757
	1,171	1,288	-117
	8,042	8,666	-624
	755	820	-65
	811	752	59
	39,461	43,548	-4,087
	696	768	-72
	543	367	176
	1,428	1,206	222
	2,214	1,602	612
	1,520	1,285	235
	68	53	15
	1,991	1,916	75
	2,628	2,490	138
	186	178	8
	912	751	161
	441	318	123
	3,283	3,303	-20
	745	782	-37
	4,716	4,611	105
	3,568	3,146	422
	1,510	1,390	120
	1,478	1,336	142
	2,654	2,076	578
	513	517	-4
	5,274	5,239	35
	1,186	1,214	-28
	403	400	3
	953	679	274
	2,868	1,558	1,310
	12	12
	25	27	-2
	1,753	2,156	-403
	1,250	1,364	-114
	117	119	-2
	843	745	98
	1,697	1,333	364
	2,009	1,790	219
	390	436	-46
	512	503	9
	384	389	-5
	1,272	1,328	-56
	427	408	19
	1,673	1,340	333
	2,211	1,663	548
	4,265	3,963	302
	571	398	173
	1,959	1,957	2
	124	123	1
	1,015	844	171
	4,249	3,794	455
	1,146	948	198
	604	501	103
	3,154	2,217	937
	5,344	4,810	534
	3,541	3,272	269
	422	403	19
	2,754	1,645	1,109
	8,104	8,152	-48
	3,659	3,725	-66
	3,676	2,484	1,192
	1,112	1,059	53
	692	573	119
	1,108	925	183
	241	241
	1,425	1,131	294
	873	854	19
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045
			30,045

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			-1,789
b			650
c			5,883
d			5,631
e			289
			1,066
			56
			732
			676
			1,084
			397
			6,896
			-122
			6,410
			2,668
			4
			-6,178
			-16
			-6
			-116
			-8,181
			195
			2,030
			124
			-59
			-222
			1,304
			-1,140
			-149
			-713
			-617
			-692
			-2,645
			392
			-720
			-183
			-327
			-522
			-2,191
			-4,398
			-2,933
			-1,486
			-16,195
			-31
			80
			-1,628
			-18,171
			-7,070
			-4
			-9
			-1,031
			-368
			925
			-1,088
			-1,230
			-681
			-125
			-97
			-522
			-429
			816
			3,394
			-10,412
			11,654
			13
			-4,752
			1,620
			3,983
			-547
			-19
			-21
			227
			-27
			87
			-7
			-38
			115
			-537
			-431
			200
			2,755
			-35
			9,444
			-98
			1,632
			-52
			-152
			1,365
			-2,687
			-744
			-63
			8
			3,013
			-109
			-288
			-43
			-40
			4,159
			1,553
			8,561
			-760
			-204
			-8,677
			16,655
			475
			42
			706
			-19
			-5
			4,946
			-4,209
			-69
			1,278
			1,012
			10,982
			-462
			772
			-298
			-4
			383
			-139
			-1,419
			4,296
			60
			122
			306
			89
			2
			-57
			-156
			42
			1,355
			133
			-146
			-20
			-115
			5
			-59
			12
			-69
			350
			-291
			6

			636
			-905

			29
			-73
			276
			212
			23
			55
			-510
			2,180
			-4
			-451
			32
			105
			-187
			10,197
			13,775
			14,205
			13
			4,250
			-4,273
			757
			-117
			-624
			-65
			59
			-4,087
			-72
			176
			222
			612
			235
			15
			75
			138
			8
			161
			123
			-20
			-37
			105
			422
			120
			142
			578
			-4
			35
			-28
			3
			274
			1,310

			-2
			-403
			-114
			-2
			98
			364
			219
			-46
			9
			-5
			-56
			19
			333
			548
			302
			173
			2
			1
			171
			455
			198
			103
			937
			534
			269
			19
			1,109
			-48
			-66
			1,192
			53
			119
			183

			294
			19

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	101,483
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE

1 Reserved

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved

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

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

Form 990-PF (2020)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	1,893
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	1,893
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	1,893
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	2,348
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	2,348
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	455
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax455	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

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

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

The books are in care of bullet

FIRST CITIZENS BANK, TRUSTEE Telephone no. bullet

(919) 716-7347

Located at bullet

4300 SIX FORKS ROADRALEIGHNC ZIP+4 bullet

27609

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2020?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2020, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2020?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2020.)..................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?

Form 990-PF (2020)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
FIRST CITIZENS BANK	TRUSTEE 40	20,743
P O BOX 29522 RALEIGH,NC27626	TRUSTEE 40	20,743
JULIE M GARNER	BOARD MEMBER 1	500
6074 BRAIDWOOD BEND ACWORTH,GA30101	BOARD MEMBER 1	500
MARY LOU HUDSPETH	BOARD MEMBER 1	500
8902 SAINT PIERRE LANE CHARLOTTE,NC28277	BOARD MEMBER 1	500
LOU N CROUCH	BOARD MEMBER 1	0
1803 CARLANDA CIRCLE CHARLOTTE,NC28209	BOARD MEMBER 1	0
JEROME T NORVELL III	BOARD MEMBER 1	500
229 N CHURCH ST UNIT 401 CHARLOTTE,NC28202	BOARD MEMBER 1	500
JAN N STEPHANIDES	BOARD MEMBER 1	500
1004 COLUMBINE ROAD ASHVILLE,NC28803	BOARD MEMBER 1	500
Thomas Norvell	BOARD MEMBER 1	0
PO Box 999 Butner,NC27509	BOARD MEMBER 1	0
RICHARD C AVERY	BOARD MEMBER 1	0
504 RIVERSIDE DRIVE MORGANTON,NC28655	BOARD MEMBER 1	0
Barbara Norvell	BOARD MEMBER 1	0
229 Riverside Drive Morganton,NC28655	BOARD MEMBER 1	0

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


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









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

Form 990-PF (2020)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

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

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

purposes:

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

2,844,098

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

43,190

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

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

2,887,288

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

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

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

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

2,887,288

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

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

43,309

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

2,843,979

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

142,199

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

142,199

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

1,893

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

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

1,893

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

140,306

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

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

140,306

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

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

140,306

Part XII

Qualifying Distributions (see instructions)

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

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

134,849

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

134,849

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b. See instructions.................

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

134,849

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2020)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7					140,306
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				131,744
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: $ 134,849
a Applied to 2019, but not more than line 2a				131,744
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.....					3,105
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 ..........					137,201
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)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

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

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

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

MARY L MCCOMBS JERRY NOVELL
PO BOX 1113
MORGANTON,NC28653
(828) 437-5872

bThe form in which applications should be submitted and information and materials they should include:

LETTER FORM

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

SCHOLARSHIPS ARE LIMITED TO STUDENTS OF BURKE CO HIGH SCHOOL. SCHOOL STANDARDS ARE AVAILABLE THROUGH GUIDANCE LETTER. OTHER GRANT RECIPIENTS ARE SELECTED MAINLY FROM BURKE COUNTY, NC ORGS.

Form 990-PF (2020)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
FOOTHILLS CONSERVANCY 135 W UNION ST Morganton,NC28655	NONE	PC	FUNDING TO SUPPORT THE	3,000
First Presbyterian Church Attn Michael Bailey 100 SILVER CREEK RD Morganton,NC28655	NONE	PC	GENERAL SUPPORT	6,000
Prevent Blindness Attn Marcia Brantley 4011 WESTCHASE BLVD SUITE 215 Raleigh,NC27607	NONE	PC	GENERAL SUPPORT	1,000
BURKE ARTS COUNCIL 115 E MEETING ST Morganton,NC28655	NONE	PC	GENERAL SUPPORT	2,000
OAK RIDGE BAPTIST CHURCH 7449 OAK RIDGE CHURCH ROAD CONNELLY SPRINGS,NC28612	NONE	PC	GENERAL SUPPORT	3,000
North Carolina School of Science 1219 BROAD ST Durham,NC27705	NONE	PC	GENERAL SUPPORT	10,000
North Carolina State University 2831 THURMAN DRIVE Raleigh,NC27695	NONE	PC	GENERAL SUPPORT	5,500
TOSS ART & ENTERTAINMENT 510 E FLEMING DR Morganton,NC28655	NONE	PC	GENERAL SUPPORT	5,000
BURKE UNITED CHRISTIAN MINISTRIES 305 W UNION ST B MORGANTON,NC28655	NONE	PC	RELIGIOUS	2,000
WINGATE UNIVERSITY 220 NORTH CAMDEN ROAD WINGATE,NC28174	NONE	PC	EDUCATION	2,000
APPALACHIAN STATE UNIVERSITY FBO JACOB COULTER CHURCH 287 RIVERS ST BOONE,NC28608	NONE	PC	EDUCATION	2,000
ASSURE THE FUTURE 300 ENOLA ROAD MORGANTON,NC28665	NONE	PC	EDUCATION	1,000
THE HOUSE OF REFUGE MINISTRIES INC 1001 CELERY AVE SANDFORD,FL32771	NONE	PC	FUNDING TO SUPPORT THE	1,244
BURKE COUNTY PUBLIC LIBRARY 204 S KING ST Morganton,NC28655	NONE	PC	GENERAL FUNDING	4,000
BURKE HOSPICE & PALLIATIVE CARE 1721 ENON RD Valdese,NC286909314	NONE	PC	GENERAL FUNDING	1,000
ECKERD COLLEGE 4200 54TH AVE S Saint Petersburg,FL337114744	NONE	PC	GENERAL FUNDING	1,000
GARDNER-WEBB UNIVERSITY 110 S MAIN ST Boiling Springs,NC28017	NONE	PC	GENERAL FUNDING	2,000
GASTON CHAPEL AME CHURCH 100 BOUCHELLE ST Morganton,NC28655	NONE	PC	GENERAL FUNDING	3,000
GUILFORD COLLEGE 5800 W FRIENDLY AVE Greensboro,NC27410	NONE	PC	GENERAL FUNDING	1,000
MONTREAT COLLEGE 310 GAITHER CIR Montreat,NC28757	NONE	PC	GENERAL FUNDING	2,000
OPEN HEARTS PLACE 201 SHADY REST RD Morganton,NC28655	NONE	PC	GENERAL FUNDING	9,000
SEWANEE THE UNIVERSITY OF THE SOUTH 735 UNIVERSITY AVE Sewanee,TN37383	NONE	PC	GENERAL FUNDING	3,500
WESTERN PIEDMONT COMMUNITY COLLEGE FBO DOW BAILEY 1001 BURKEMONT AVENUE MORGANTON,NC28655	NONE	PC	EDUCATION	2,000
DAVIDSON COLLEGE CAMPUS BOX 7145 DAVIDSON,NC28035	NONE	PC	PAYMENT OF GRANT FOR	3,000
FIRST UNITED METHODIST CHURCH OF ATTN LYNN SPRINKLE 200 N KING STREET MORGANTON,NC28655	NONE	PC	GENERAL PURPOSE	9,000
BURKE COUNTY UNITED WAY 301 EAST MEETING STREET MORGANTON,NC28655	NONE	PC	GENERAL PURPOSE	10,000
HILDEBRAN METHODIST CHURCH 110 S CENTER HILDEBRAN,NC28637	NONE	PC	GENERAL PURPOSE	1,000
BURKE CHARITABLE PROPERTIES ATTN R ICARD 305 C WEST UNION ST MORGANTON,NC28655	NONE	PC	GENERAL PURPOSE	3,000
COMMUNITY FOUNDATION OF BURKE CO P O BOX 1156 MORGANTON,NC286801156	NONE	PC	GENERAL PURPOSE	30,000
UNC CHAPEL HILL FBO MARLEN GOMEZ-RODRIGUEZ 104 AIRPORT DRIVE CHAPEL HILL,NC27599	NONE	PC	EDUCATION	2,000
BIG BROTHERS BIG SISTERS OF WESTERN 50 S FRENCH BROAD AVE SUITE 213 ASHEVILLE,NC288013297	NONE	PC	GENERAL PURPOSE	1,500
Total ................................. 3a				131,744

bApproved for future payment

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

Form 990-PF (2020)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	57,776
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	101,483
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				159,259

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

159,259

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2020)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
BAIRD AGGREGATE BD	233,426	247,137
AMERICAN BEACON GARCIA HAMILTO	122,509	123,702
WELLS FARGO CORE BOND FUND	216,114	220,944
VANGUARD SHORT TERM BD	249,931	249,476

Name of Stock	End of Year Book Value	End of Year Fair Market Value
GOLDMAN SACHS INTL SMALL CAP I	21,096	24,224
PIMCO STOCKPLUS INTL	36,917	62,773
AMERICAN BEACON BRIDGEWAY LRG
LAZARD INTL EQUITY	56,379	66,843
PEAR TREE POLARIS FOREIGN VALU	16,970	19,005
T ROWE PRICE MID-CAP GROWTH	19,276	25,409
WELLS FARGO SPECIAL MID CAP VA	28,048	34,547
ISHARES MSCI EAFE INTL INDEX	81,076	102,225
FIDELITY LARGE CAP VALUE INDEX
FIDELITY LARGE CAP GROWTH INDE
GOLDMAN SACHS EMERGING MKTS EQ	29,325	35,359
MFS MID CAP VALUE	33,580	39,850
T ROWE PRICE EMERGING MKTS STO	31,208	39,661
TIAA-CREF EMERGING MKTS	45,762	55,189
PEAR TREE POLARIS FOREIGN VALU	70,423	82,414
WCM FOCUSED INTERNATIONAL GROW	51,991	78,705
GOLDMAN SACHS ENHANCED INCOME
ARTISAN INTERNATIONAL SMALL-MI	13,207	19,685
ASHMORE EMERGING MARKETS ACTIV	36,953	46,325
BALLIE GIFFORD EMERGING MARKET	32,973	44,162
CARLLON CLARIVEST CAPITAL APPR	66,051	82,736
COLUMBIA SMALL CAP INDEX FUND
FEDERATED MDT SMALL CAP CORE F
ISHARES RUSSELL MID-CAP VALUE
ISHARES RUSSELL MID-CAP GROWTH
ISHARES MSCI ACWI ETF
JPMORGAN VALUE ADVANTAGE FUND
JACKSON SQUARE SMID-CAP GROWTH	12,760	21,614
MORGAN STANLEY INST GROWTH IR	40,381	72,668
PIMCO STOCKSPLUS SMALL FUND -	14,139	24,205
VICTORY INTEGRITY DISCOVERY FU
BLACKROCK MID-CAP GROWTH	17,267	25,519
COHEN & STEERS REAL ESTATE	12,597	14,349
COLUMBIA SELECT LC VALUE	63,221	67,925
DIAMOND HILL LC	50,675	55,012
FEDERATED HERMES MDT SC CORE	12,476	18,831
FIDELITY MID CAP VALUE INDEX	123,996	158,666
FIDELITY MID CAP GROWTH INDEX	70,099	108,959
T ROWE PRICE INSTIT LC	61,652	80,700
MAINSTAY CBRE GLOBAL INFR	12,391	13,539
NUANCE MID CAP VALUE	29,402	31,035
NUVEEN GLOBAL INFR	12,820	14,194
PRINCIPAL REAL ESTATE SECURITI	18,218	20,260
VANGUARD EQUITY INCOME	52,988	59,007
ISHARES RUSSELL TOP 200 VALUE	230,567	271,609
ISHARES RUSSELL TOP 200 GROWTH	294,750	353,753
PROSHARES TR DJ BROOKFIELD	6,650	6,900
VANGUARD SCOTTSDALE	26,196	35,136

Description	Amount
COST BASIS ADJ - WASH SALE	10,389
2020 TRANS POSTED IN 2021	850

Description	Amount
2019 TRANS POSTED IN 2020	1,011
ROUNDING	6

Category	Amount	Net Investment Income
FEDERAL TAX PAYMENT - PRIOR YE	1,227	0
FEDERAL ESTIMATES - PRINCIPAL	2,348	0
FOREIGN TAXES ON QUALIFIED FOR	1,321	1,321
FOREIGN TAXES ON NONQUALIFIED	118	118