Form990-PF
Click to see attachment

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
CAROL W & MYRON J ROTHSCHILD FUND
C/O REGIONS PRIVATE WEALTH MGMT
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2450
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MONTGOMERY, AL36102
A Employer identification number

63-6050756
B Telephone number (see instructions)

(334) 230-6100
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$6,101,221J 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 58,784 58,784  
4 Dividends and interest from securities... 108,303 108,303  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 44,609
b Gross sales price for all assets on line 6a 1,078,473
7 Capital gain net income (from Part IV, line 2)... 44,609
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 211,696 211,696  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 40,248 15,601   24,647
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,385     2,385
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,696      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 47,329 15,601   27,032
25 Contributions, gifts, grants paid....... 282,361 282,361
26 Total expenses and disbursements. Add lines 24 and 25 329,690 15,601   309,393
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -117,994
b Net investment income (if negative, enter -0-) 196,095
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 296,685 248,708 248,708
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,544,989 Click to see attachment1,489,471 3,825,390
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).......... 1,802,569 Click to see attachment1,831,239 2,011,296
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment11,510 Click to see attachment15,827 Click to see attachment15,827
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,655,753 3,585,245 6,101,221
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) Click to see attachment210 Click to see attachment162
23 Total liabilities (add lines 17 through 22)......... 210 162
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,655,543 3,585,083
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 3,655,543 3,585,083
30 Total liabilities and net assets/fund balances (see instructions). 3,655,753 3,585,245
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,655,543
2
Enter amount from Part I, line 27a .....................
2
-117,994
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
47,534
4
Add lines 1, 2, and 3 ..........................
4
3,585,083
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,585,083
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 CLASS ACTION PROCEEDS - PETROBRAS P   2022-04-17
b RAYTHEON TECHNOLOGIES P   2020-04-22
c RAYTHEON TECHNOLOGIES P   2020-04-03
d SHORT TERM GAINS (LOSSES) P    
e SEE SALES DETAIL ATTACHED P    
LONG TERM GAINS (LOSSES) P    
SEE SALES DETAIL ATTACHED P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 215     215
b 31     31
c 11,439     11,439
d 351,750   338,286 13,464
e        
715,038   695,578 19,460
       
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       215
b       31
c       11,439
d       13,464
e        
      19,460
       
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 44,609
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 13,464
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 2,726
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 2,726
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,726
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,920
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,920
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 1,194
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,194 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
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)
    bulletAL
    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 addressbulletNONE
    14
    The books are in care ofbulletREGIONS PRIVATE WEALTH MANAGEMENT Telephone no.bullet (334) 230-6100

    Located atbullet201 MONROE ST 4TH FLOORMONTGOMERYAL ZIP+4bullet36104
    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
     
     
    ........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
     
     
    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 TRUST DEPARTMENT TRUSTEE
    5.00     		40,248 0 0
    201 MONROE STREET 4TH FLOOR
    MONTGOMERY,AL36104
    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  
    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.............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 N/A  
    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
    5,460,991
    b
    Average of monthly cash balances.......................
    1b
    312,121
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,773,112
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    5,773,112
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    86,597
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,686,515
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    284,326
    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
    284,326
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,726
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,726
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    281,600
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    281,600
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    281,600
    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
    309,393
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    309,393
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    309,393
    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 7 281,600
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 246,051
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 309,393
    a Applied to 2019, but not more than line 2a 246,051
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 63,342
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		218,258
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    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
    AMERICAN HEART ASSOCIATIO
    1449 MEDICAL PARK DR
    BIRMINGHAM,AL35213     		NONE PUBLIC CHARI GENERAL FUND 500
    AMERICAN PRINTING HOUSE
    P O BOX 6389
    LOUISVILLE,KY40206     		NONE PUBLIC CHARI GENERAL FUND 500
    AMERICAN RED CROSS OF CENTRAL AL
    5015 WOODS CROSSING
    MONTGOMERY,AL36106     		NONE PUBLIC CHARI GENERAL FUND 30,000
    BOYS GIRLS CLUB OF MONT
    P O BOX 234
    MONTGOMERY,AL36101     		NONE PUBLIC CHARI GENERAL FUND 3,000
    BRANTWOOD CHILDREN'S HOME
    1309 UPPER WETUMPKA RD
    MONTGOMERY,AL36107     		NONE PUBLIC CHARI GENERAL FUND 3,000
    CAMP ASCCA
    P O BOX 21
    JACKSON GAP,AL36861     		NONE PUBLIC CHARI GENERAL FUND 500
    CHILDREN'S CENTER OF MONT
    301 N MADISON TERRACE
    MONTGOMERY,AL36107     		NONE PUBLIC CHARI GENERAL FUND 500
    EYE-BANK FOR SIGHT RESTOR
    120 WALL STREET
    NEW YORK,NY10289     		NONE PUBLIC CHARI GENERAL FUND 1,000
    FAMILY GUIDANCE CENTER
    2358 FAIRLANE DRIVE
    MONTGOMERY,AL36116     		NONE PUBLIC CHARI GENERAL FUND 5,000
    FAMILY SUNSHINE CENTER
    858 S COURT ST
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 49,611
    FRIENDS OF ALABAMA ARCHIV
    624 WASHINGTON AVE
    MONTGOMERY,AL36130     		NONE PUBLIC CHARI GENERAL FUND 500
    FRIENDS OF THE MONT PUB LIBR
    245 HIGH STREET
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 250
    GIRLS SCOUT CAMPERSHIP FU
    145 COLISEUM BLVD
    MONTGOMERY,AL36109     		NONE PUBLIC CHARI GENERAL FUND 500
    GOODWILL INDUSTRIES- CENT
    P O BOX 9349
    MONTGOMERY,AL36108     		NONE PUBLIC CHARI GENERAL FUND 500
    HOSPICE OF MONTGOMERY
    1111 HOLLOWAY PARK
    MONTGOMERY,AL36117     		NONE PUBLIC CHARI GENERAL FUND 5,000
    JEWISH FEDERATION OF CENTRAL AL
    PO BOX 20058
    MONTGOMERY,AL36120     		NONE PUBLIC CHARI GENERAL FUND 3,500
    JOY TO LIFE FOUNDATION
    5401 TAYLOR ROAD
    MONTGOMERY,AL36116     		NONE PUBLIC CHARI GENERAL FUND 5,000
    LANDMARKS FOUNDATION
    301 COLUMBUS STREET
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 500
    MANE
    3699 WALLAHATCHIE ROAD
    PIKE ROAD,AL36064     		NONE PUBLIC CHARI GENERAL FUND 1,500
    MARC
    527 BUCKINGHAM DRIVE
    MONTGOMERY,AL36116     		NONE PUBLIC CHARI GENERAL FUND 1,000
    MEALS ON WHEELS
    115 E JEFFERSON ST
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 25,000
    MEDICAL AIDS OUTREACH OF AL
    2900 MCGEHEE RD A
    MONTGOMERY,AL36111     		NONE PUBLIC CHARI GENERAL FUND 3,000
    MERCY HOUSE
    2412 COUNCIL ST
    MONTGOMERY,AL36108     		NONE PUBLIC CHARI GENERAL FUND 25,000
    MONTGOMERY AREA FOOD BANK
    521 TRADE CENTER STREET
    MONTGOMERY,AL36108     		NONE PUBLIC CHARI GENERAL FUND 102,000
    MONTGOMERY HABITAT FOR HU
    123 JULIA STREET
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 3,000
    MONTGOMERY HUMANE SOCIETY
    1150 JOHN OVERTON DR
    MONTGOMERY,AL36110     		NONE PUB CHARITY GENERAL FUND 1,000
    MONTGOMERY SYMPHONY ORCHESTRA
    PO BOX 1864
    MONTGOMERY,AL36102     		NONE PUBLIC CHARI GENERAL FUND 5,000
    SALVATION ARMY
    900 BELL STREET
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 500
    MACOA
    115 E JEFFERSON STREET
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 6,000
    Total .................................bullet 3a 282,361
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 58,784  
    4 Dividends and interest from securities....     14 108,303  
    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 44,609  
    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)..   211,696  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    211,696
    (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:
    CAROL W & MYRON J ROTHSCHILD FUND
     
    C/O REGIONS PRIVATE WEALTH MGMT
    EIN:
    63-6050756
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 2,385     2,385

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    CAROL W & MYRON J ROTHSCHILD FUND
     
    C/O REGIONS PRIVATE WEALTH MGMT
    EIN:
    63-6050756
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALLIANT CORP 30,028 58,744
    ARTHUR J GALLAGHER & CO 17,725 77,937
    AT&T INC    
    BLACKROCK INC 22,524 72,154
    BRISTOL MYERS SQUIBB CO 16,923 16,128
    CHEVRON CORP 54,226 42,225
    CISCO SYSTEMS INC 28,862 62,426
    COCA COLA COMPANY 1,000 528,932
    COMCAST CORP 54,837 77,080
    CVS HEALTH CORP 64,592 73,969
    DOMINION RES INC VA NEW 23,852 33,840
    DUKE ENERGY CORP 70,086 122,049
    EATON CORP PLC ISIN 31,708 69,681
    ELI LILLY & CO 31,997 86,953
    EXXONMOBIL CORP 68,815 31,946
    GLOBE LIFE INC 23,712 564,157
    HASBRO INC 23,278 54,253
    HELMERICH & PAYNE INC    
    INTERNATIONAL BUSINESS MACHINES 28,823 277,817
    INVESCO LTD    
    JOHNSON & JOHNSON 64,741 70,349
    JP MORGAN CHASE & CO 32,910 99,750
    LOCKHEED MARTIN CORP    
    LYONDELLBASELL INDUSTRIES 22,469 26,123
    MERCK & CO INC 44,957 79,755
    METLIFE INC 48,440 50,283
    MICROSOFT CORP 39,839 139,013
    NEXTERA ENERGY INC 20,847 106,467
    OMNICOM GROUP INC 48,497 36,861
    PEPSICO INC 29,991 51,905
    PFIZER INC    
    PPL CORP 29,664 27,072
    PROCTER & GAMBLE CO 48,513 63,448
    QUALCOMM INC 19,632 45,702
    RAYTHEON CO 21,669 57,566
    REPUBLIC SVCS INC CL A    
    SCHLUMBERGER LTD    
    SOUTHERN CO 101,393 184,290
    TRUIST FINANCIAL CORP 21,692 41,699
    US BANCORP DEL 21,631 35,874
    VERIZON COMMUNICATIONS 52,119 65,976
    WADDELL & REED FINL INC CL A 5,315 46,228
    WALMART STORES INC 59,735 119,645
    WASTE MANAGEMENT 23,217 77,244
    AIR PRODUCTS & CHEMICALS INC    
    BANK OF AMERICA 69,916 71,350
    CHUBB LIMITED COM 69,296 78,499

    TY 2020 InvestmentsOtherSchedule2
    Name:
    CAROL W & MYRON J ROTHSCHILD FUND
     
    C/O REGIONS PRIVATE WEALTH MGMT
    EIN:
    63-6050756
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AIR LEASE CORP 3.75% 06/01/26 AT COST 18,803 20,900
    AMERICAN EXPRESS 2.6% 09/14/20 AT COST    
    AMERICAN HONDA FINANCE 2.65% AT COST 28,949 29,071
    AMERICAN TOWER CORP 3.1% AT COST 19,854 20,601
    AMGEN INC 2.25% 8/19/23 AT COST 19,912 21,008
    ANHEUSER-BUSCH 4.9% 01/23/31 AT COST 17,032 21,654
    APPLE INC 2.1% 9/12/22 AT COST 18,854 19,588
    APPLE INC 2.3% 5/11/22 AT COST    
    APPLE 2.4% 20 AUG 2050 AT COST 20,903 21,492
    AT&T 4.5% 5/15/35 AT COST 18,537 23,055
    BANK OF AMERICA 6.11% 1/29/37 AT COST 15,556 23,305
    BANK OF AMERICA CORP 3.559% 4/23/27 AT COST 19,000 21,453
    BERKSHIRE HATHAWAY FINANCE 4.25% AT COST 19,178 21,254
    BLACKROCK 1.9% 28 JAN 2031 AT COST 19,952 20,935
    BIOGEN 2.9% 9/15/20 AT COST    
    BP CAPITAL MARKETS AMERICA 3.796% AT COST 18,011 20,411
    CAPITAL ONE FINANCIAL 2.5% 5/12/20 AT COST    
    CAITAL ONE FINANCIAL 3.65% 5/11/27 AT COST 19,985 22,929
    CHARLES SCHWAB CORPORATION AT COST 18,987 19,243
    CITIGROUP INC VARIABLE .776% 10/30/2 AT COST 29,004 29,188
    CITIGROUP 2.65% 10/26/20 AT COST    
    COMCAST 3.75% 4/1/2040 AT COST 20,431 21,745
    DUKE ENERGY 2.4% 8/15/22 AT COST 18,548 19,573
    DUPONT DE NEMOURS 4.205% AT COST 18,001 19,858
    EXXON MOBIL CORP 2.44% 8/16/29 AT COST 20,056 21,710
    EXXON MOBIL CORP 4.327% 3/19/50 AT COST 16,000 20,948
    FEDERAL HOME LOAN MORTGAGE CORP AT COST 55,567 63,346
    FIFTH THIRD BANK/CINCINNATI 2.25% AT COST 19,998 20,138
    FNMA 2.5% 04/08/28 AT COST    
    FNMA 2.5% 06/01/28 AT COST 1,611 1,673
    FNMA 2.5% 12/1/31 AT COST    
    FNMA 2.5% 9/1/28 AT COST 29,432 30,452
    FMNA 2.5% 9/1/31 AT COST 18,659 19,823
    FNMA 2.5% 4/1/28 AT COST 4,589 4,790
    FNMA 3% 05/01/27 AT COST 1,785 1,853
    FNMA 3% 01/01/27 AT COST 796 826
    FNMA 3% 08/01/43 AT COST 8,746 9,337
    FNMA 3% 12/1/26 AT COST 5,909 6,176
    FNMA 3% 5/1/2043 AT COST 8,624 9,222
    FNMA 3% 12/1/31 AT COST 5,604 5,959
    FNMA 3% 12/1/31 AT COST 3,565 3,857
    FNMA 3% 7/1/43 AT COST 3,547 3,787
    FNMA 3% 4/1/47 AT COST 24,937 25,911
    FNMA 3.5% 09/01/25 AT COST 1,360 1,433
    FNMA 3.5% 11/1/42 AT COST    
    FNMA 3.5% 01/01/41 AT COST 2,543 2,695
    FNMA 3.5% 10/01/25 AT COST 3,066 3,196
    FNMA 3.5% 11/1/45 AT COST 7,322 7,760
    FNMA 3.5% 3/1/41 AT COST 2,923 3,082
    FNMA 3.5% 3/1/32 AT COST 2,830 2,947
    FNMA 3.5% 12/1/48 AT COST 10,437 10,623
    FNMA 3.5% 11/1/48 AT COST 4,724 4,829
    FNMA 3.5% 12/1/47 AT COST 27,005 29,692
    FNMA 2.5% 12/1/47 AT COST 19,510 20,439
    FNMA 4% 03/01/26 AT COST 1,392 1,467
    FNMA 4% 06/01/39 AT COST 1,573 1,691
    FNMA 4% 2/01/41 AT COST 2,693 2,918
    FNMA 4% 10/01/41 AT COST 2,133 2,269
    FNMA 4% 1/1/44 AT COST 2,448 2,587
    FNMA 4% 10/1/47 AT COST 20,023 20,928
    FNMA 4% 12/1/48 AT COST    
    FNMA 4% 2/1/48 AT COST 26,096 27,951
    FMNA 4% 5/1/47 AT COST 22,260 24,291
    FNMA 4% 9/1/48 AT COST 4,319 4,422
    FNMA 4.5% 1/1/40 AT COST 4,285 4,543
    FNMA 4.5% 06/01/40 AT COST 997 1,079
    FNMA 4.5% 7/1/39 AT COST 776 843
    FNMA 4.5% 09/01/39 AT COST 1,553 1,670
    FNMA 4.5% 6/1/41 AT COST 1,875 2,054
    FMNA 4.5% 4/1/41 AT COST 18,672 18,785
    FNMA 5% 10/1/35 AT COST 846 946
    FNMA 5% 11/01/36 AT COST    
    FNMA 5% 2/1/36 AT COST 610 687
    FNMA 5% 4/1/23 AT COST 159 166
    FNMA 5% 6/1/35 AT COST 1,858 2,106
    FNMA 5.5% 01/01/36 AT COST 4,518 5,116
    FNMA 5.5% 01/01/36 AT COST 1,726 1,913
    FNMA 5.5% 1/1/36 AT COST 931 1,053
    FNMA 5.5% 1/1/22 AT COST 111 112
    FNMA 5.5% 11/1/35 AT COST 209 241
    FNMA 5.5% 12/01/39 AT COST 2,188 2,437
    FNMA 5.5% 2/1/23 AT COST 90 91
    FNMA 5.5% 2/1/35 AT COST 3,330 3,911
    FNMA 5.5% 9/1/34 AT COST 1,907 2,176
    FNMA 6% 3/1/37 AT COST 4,673 5,536
    FNMA 6% 4/1/37 AT COST 1,505 1,744
    FORD MOTOR CREDIT 3.157% 8/4/20 AT COST    
    FREDDIE MAC GOLD POOL 4% 11/1/40 AT COST 1,872 1,982
    FREDDIE MAC GOLD POOL 5% 12/1/36 AT COST 1,043 1,177
    FREDDIE MAC GOLD POOL 4.5% 8/1/40 AT COST 1,183 1,290
    FREDDIE MAC GOLD POOL 5% 2/1/39 AT COST 2,790 3,092
    FREDDIE MAC GOLD POOL 4.5% 5/1/39 AT COST 2,868 3,082
    FREDDIE MAC GOLD POOL 4% 8/1/44 AT COST 1,912 2,023
    FREDDIE MAC GOLD POOL 3.5% 12/1/45 AT COST 11,903 12,467
    FREDDIE MAC GOLD POOL 2.5% 1/1/30 AT COST 11,872 12,238
    FREDDIE MAC GOLD POOL 3% 6/1/30 AT COST 6,290 6,524
    FREDDIE MAC GOLD POOL 3.5% 6/1/45 AT COST 7,805 8,387
    FREDDIE MAC GOLD POOL 3% 12/1/26 AT COST 5,531 5,705
    FREDDIE MAC GOLD POOL 4.5% 11/1/48 AT COST 1,920 2,007
    FREDDIE MAC POOL 2.5% 1/1/35 AT COST 23,138 23,080
    FREDDIE MAC POOL 3% 7/1/35 AT COST 4,684 4,725
    FREDDIE MAC POOL 4% 6/1/48 AT COST 27,815 27,766
    GENERAL ELECTRIC 5.3% 2/11/2021 AT COST    
    GILEAD SCIENCES INC CALLABLE 3.65% AT COST 17,962 20,421
    GOLDMAN SACHS GROUP 2.905% 7/24/23 AT COST 18,729 19,734
    HP INC 3.4% 6/17/30 AT COST 19,972 22,257
    HSBC HOLDINGS PLC 3.973% 5/22/30 AT COST 19,070 21,940
    INTERNATIONAL BUSINESS MACHINES AT COST 17,925 20,426
    INTERNATIONAL BUSINESS MACHINES 3.5% AT COST 18,957 21,984
    JPMORGAN CHASE & CO 3.782% 2/1/28 AT COST 37,622 42,527
    KROGER 2.65% 10/15/26 AT COST 19,673 21,846
    LOWE'S COS 3.65% 4/5/29 AT COST 20,233 22,172
    MOLSON COORS BREWING 5% 5/1/42 AT COST 19,062 23,778
    MORGAN STANLEY 2.75% 5/19/22 AT COST 19,051 19,622
    MORGAN STANLEY DTD 10/23/24 3.7% 10/ AT COST 19,031 21,143
    ORACLE CORP 2.625% 2/15/23 AT COST 18,932 19,888
    PROCTER & GAMBLE 3% 3/30 AT COST 18,340 20,757
    PRUDENTIAL FINANCIAL AT COST    
    SOUTHERN CO 3.7% 4/30/30 AT COST 21,027 24,317
    SYSCO CORP 3.3% 2/15/50 AT COST 20,296 23,005
    TOYOTA MOTOR CR CORP 3.4% 9/15/2021 AT COST 18,993 19,407
    TRUIST FINANCIAL CORP AT COST 19,985 20,472
    US TREASURY .25% 5/31/25 AT COST 83,745 83,816
    US TREASURY .375% 9/30/27 AT COST 20,758 20,670
    US TREASURY .375% 3/31/22 AT COST 42,086 42,131
    US TREASURY 1.625% 5/15/26 AT COST    
    US TREASURY 2.875% 05/15/43 AT COST 63,662 94,793
    US TREASURY 1.625% 8/15/29 AT COST    
    VALERO ENERGY CORP CALLABLE DTD 9/26 AT COST 18,718 20,833
    VERIZON COMMUNICATIONS 6% 4/1/2041 AT COST 18,998 19,149
    AMERICAN HONDA FINANCE 2.65% 2/12/21 AT COST    
    BP CAPITAL MARKETS 3.796% 9/21/25 AT COST    
    DUPONT DE NEMOURS 4.205% 11/15/23 AT COST    
    DUKE ENERGY 2.4% 8/15/22 AT COST    
    FNMA 4% 5/1/47 AT COST    
    FNMA 4% 2/1/48 AT COST    
    FMNA 3.5% 12/1/47 AT COST    
    FED NAT MORT ASSOC 2.125% 4/24/26 AT COST 17,546 20,700
    TD AMERITRADE HOLDING 3.75 4/1/24 AT COST 17,960 19,762
    TOYOTA MOTOR CREDIT 2.95% 4/13/21 AT COST 18,989 19,140
    US TREASURY 2.875% 7/31/25 AT COST    
    US TREASURY 3% 2/15/48 AT COST 70,202 83,955
    WALMART INC 3.55% 6/26/25 AT COST 17,959 20,382
    WELLS FARGO BANK 2.6% 1/15/21 AT COST 19,987 20,013
    BANK OF NOVA 1.85% 4/14/20 AT COST 18,957 20,188
    EQUINOR ASA 3.7% 3/1/24 AT COST 18,150 19,779
    LLOYDS BANKING GROUP 4.375% 3/22/28 AT COST 17,934 21,423
    MITSUBISHI UFJ FINANCIAL .848 9/15/2 AT COST 20,018 20,119
    ROYAL BANK OF CANADA 2.5% 1/19/21 AT COST 19,992 20,018
    SHELL INTERNATIONAL 2.375% 11/7/29 AT COST 21,694 23,684

    TY 2020 OtherAssetsSchedule
    Name:
    CAROL W & MYRON J ROTHSCHILD FUND
     
    C/O REGIONS PRIVATE WEALTH MGMT
    EIN:
    63-6050756
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST 146 193 193
    INTEREST RECEIVABLE 1,762 1,392 1,392
    DIVIDENDS RECEIVABLE 392    
    PROCEEDS RECEIVABLE 9,210 14,242 14,242


    TY 2020 OtherIncreasesSchedule
    Name:
    CAROL W & MYRON J ROTHSCHILD FUND
     
    C/O REGIONS PRIVATE WEALTH MGMT
    EIN:
    63-6050756
    Description Amount
    DIFF IN BASIS & FMV OF DONATED STOCKS 47,534


    TY 2020 OtherLiabilitiesSchedule
    Name:
    CAROL W & MYRON J ROTHSCHILD FUND
     
    C/O REGIONS PRIVATE WEALTH MGMT
    EIN:
    63-6050756
    Description Beginning of Year - Book Value End of Year - Book Value
    INTEREST EXPENSE PAYABLE 210 162


    TY 2020 TaxesSchedule
    Name:
    CAROL W & MYRON J ROTHSCHILD FUND
     
    C/O REGIONS PRIVATE WEALTH MGMT
    EIN:
    63-6050756
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 776      
    ESTIMATED TAXES 3,920