Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
SULSBERGER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1558 DEPT EA5W86
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
COLUMBUS, OH43216
A Employer identification number

31-6210487
B Telephone number (see instructions)

(330) 438-1180
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$7,438,293J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 149,642 149,017  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 137,429
b Gross sales price for all assets on line 6a 3,494,731
7 Capital gain net income (from Part IV, line 2)... 137,429
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........ 287,071 286,446  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 50,774 25,387   25,387
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 550 0 0 550
c Other professional fees (attach schedule)....       0
17 Interest............... 124 124   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,913 878   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 200     200
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 53,561 26,389 0 26,137
25 Contributions, gifts, grants paid....... 352,098 352,098
26 Total expenses and disbursements. Add lines 24 and 25 405,659 26,389 0 378,235
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -118,588
b Net investment income (if negative, enter -0-) 260,057
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............   463 463
2 Savings and temporary cash investments......... 562,087 277,494 277,494
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,575,064 Click to see attachment5,392,516 7,160,336
c Investments—corporate bonds (attach schedule)....... 1,645,970    
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,783,121 5,670,473 7,438,293
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 5,783,121 5,670,473
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)..... 5,783,121 5,670,473
30 Total liabilities and net assets/fund balances (see instructions). 5,783,121 5,670,473
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
5,783,121
2
Enter amount from Part I, line 27a .....................
2
-118,588
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
5,940
4
Add lines 1, 2, and 3 ..........................
4
5,670,473
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,670,473
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 1077. ATT INC   2017-08-24 2020-05-06
b 34. ACTIVISION BLIZZARD INC   2020-05-06 2020-06-26
c 42. ADVANCED MICRO DEVICES INC W/1   2020-05-06 2020-06-26
d 1. ALPHABET INCORPORATION   2017-08-24 2020-05-06
e 4. ALPHABET INCORPORATION   2017-08-24 2020-06-26
4. AMAZON.COM INC   2020-05-06 2020-06-26
25. AMERICAN EXPRESS COMPANY   2019-06-28 2020-05-06
28. AMERICAN EXPRESS COMPANY   2019-06-28 2020-06-26
19. ANALOG DEVICES   2016-04-13 2020-06-26
18. ANALOG DEVICES   2020-05-06 2020-06-26
32. APPLE COMPUTER   2020-05-06 2020-06-26
89. AUTOMATIC DATA PROCESSING   2018-08-22 2020-05-06
32. AUTOMATIC DATA PROCESSING     2020-06-26
487. AUTOMATIC DATA PROCESSING   2016-04-13 2020-09-25
28. BAXTER INTERNATIONAL INC   2017-08-24 2020-06-26
18. BAXTER INTERNATIONAL INC   2020-05-06 2020-06-26
8. BERKSHIRE HATHAWAY CL-B   2020-05-06 2020-06-26
9. BERKSHIRE HATHAWAY CL-B   2016-04-13 2020-06-26
265. BERKSHIRE HATHAWAY CL-B   2016-04-13 2020-09-25
4. BLACKROCK INC   2020-05-06 2020-06-26
12. BOEING CO   2020-05-06 2020-06-26
40. CAPITAL ONE FINANCIAL CORP W/1   2017-01-06 2020-06-26
13. CHEVRONTEXACO CORP   2019-06-28 2020-05-06
18. CHEVRONTEXACO CORP   2019-06-28 2020-06-26
1990. COMCAST CORP   2019-06-28 2020-05-06
747. CONOCOPHILLIPS     2020-03-18
430. CONSOLIDATED EDISON INC COM     2020-03-04
320. CONSTELLATION BRANDS INC CL A   2016-04-13 2020-05-06
120. COSTCO WHOLESALE CORP   2017-08-24 2020-05-06
12. COSTCO WHOLESALE CORP   2017-08-24 2020-06-26
19. CROWN CASTLE INTERNATIONAL CORP   2019-06-28 2020-05-06
23. CROWN CASTLE INTERNATIONAL CORP   2019-06-28 2020-06-26
21. DISNEY (WALT) CO   2020-05-06 2020-06-26
432. DOLLAR TREE INC   2018-08-22 2020-05-06
80. ECOLAB INC   2019-06-28 2020-05-06
200. ECOLAB INC   2019-01-09 2020-05-06
295. EDWARDS LIFESCIENCES CORP     2020-05-06
55. EDWARDS LIFESCIENCES CORP   2018-08-22 2020-06-26
9. FACEBOOK INC CL-A   2020-05-06 2020-06-26
9. FACEBOOK INC CL-A   2016-04-13 2020-06-26
171.62 FEDERATED INSTITUTIONAL HIGH-YIELD BOND   2020-01-17 2020-05-06
4497.94 FEDERATED TOTAL RETURN BOND FUND-R6   2020-05-06 2020-09-25
33. FISERV INC   2017-08-24 2020-06-26
22. FISERV INC   2020-05-06 2020-06-26
9826.41 GOLDMAN SACHS TRUST   2015-07-02 2020-01-17
352.64 GUGGENHEIM LIMITED DURATION FUND   2020-05-06 2020-09-25
1732. HP INC     2020-03-04
10. HOME DEPOT INC.   2017-08-24 2020-06-26
6. HOME DEPOT INC.   2020-05-06 2020-06-26
6. ILLINOIS TOOL WORKS INC COM   2020-05-06 2020-06-26
14. ILLINOIS TOOL WORKS INC COM   2017-08-24 2020-06-26
50000. COCA COLA ENTERPRISES 3.5% 09/15/2020   2013-09-26 2020-02-06
7. INTUITIVE SURGICAL INC   2020-05-06 2020-06-26
8305. INVESCO PREFERRED ETF     2020-05-06
2914. ISHARES COMEX GOLD TR   2020-09-25 2020-09-30
2914. ISHARES COMEX GOLD TR   2020-09-25 2020-10-31
2914. ISHARES COMEX GOLD TR   2020-09-25 2020-11-30
2914. ISHARES COMEX GOLD TR   2020-09-25 2020-12-31
2149. ISHARES S & P MIDCAP 400   2017-08-24 2020-05-06
1387. ISHARES S & P SMALLCAP 600     2020-05-06
159. ISHARES S & P SMALLCAP 600   2014-02-10 2020-06-26
2069. ISHARES SILVER TRUST (HOLDS SILVER BARS)   2020-09-25 2020-09-30
2069. ISHARES SILVER TRUST (HOLDS SILVER BARS)   2020-09-25 2020-10-31
2069. ISHARES SILVER TRUST (HOLDS SILVER BARS)   2020-09-25 2020-11-30
2069. ISHARES SILVER TRUST (HOLDS SILVER BARS)   2020-09-25 2020-12-31
38. J P MORGAN CHASE & CO   2016-04-13 2020-06-26
11. J P MORGAN CHASE & CO   2020-05-06 2020-06-26
25. JOHNSON & JOHNSON CO   2019-06-28 2020-05-06
28. JOHNSON & JOHNSON CO   2019-06-28 2020-06-26
14. ELI LILLY & CO   2020-05-06 2020-06-26
6. LOCKHEED MARTIN (COMMON STOCK)   2018-08-22 2020-06-26
2. LOCKHEED MARTIN (COMMON STOCK)   2020-05-06 2020-06-26
35608.74 LORD ABBETT SHORT DURATION INCOME FUND   2019-06-28 2020-05-06
51918.74 LORD ABBETT SHORT DURATION INCOME FUND   2015-07-02 2020-05-06
62402.08 LORD ABBETT SHORT DURATION INCOME FUND   2019-06-28 2020-06-26
11268.7 LORD ABBETT SHORT DURATION INCOME FUND   2018-08-22 2020-06-26
9. LULULEMON ATHLETICA INC   2020-05-06 2020-06-26
120. M & T BANK CORP     2020-05-06
19. M & T BANK CORP   2017-08-24 2020-06-26
41.2 MFS GLOBAL REAL ESTATE FUND   2019-01-09 2020-05-06
1707.48 MFS GLOBAL REAL ESTATE FUND   2019-01-09 2020-06-26
3398.94 MFS GLOBAL REAL ESTATE FUND   2020-03-17 2020-09-25
5022.78 MFS GLOBAL REAL ESTATE FUND   2019-01-09 2020-09-25
292. MCCORMICK & CO INC COM NON VTG   2017-08-24 2020-05-06
241. MCDONALDS CORP   2018-08-22 2020-05-06
56. MICROSOFT CORP   2016-04-13 2020-06-26
310.23 AMERICAN FUNDS - NEW WORLD FUND   2018-08-22 2020-06-26
259. NEXTERA ENERGY, INC     2020-05-06
13. NEXTERA ENERGY, INC   2012-07-12 2020-06-26
27. NIKE INC CL B   2020-05-06 2020-06-26
9. NORTHROP GRUMMAN CORP W/1 RT/SH   2017-08-24 2020-05-06
9. NORTHROP GRUMMAN CORP W/1 RT/SH   2017-08-24 2020-06-26
15. NVIDIA CORP   2020-05-06 2020-06-26
1053.44 NUVEEN EQUITY MARKET NEUTRAL FUND   2019-06-28 2020-03-17
7322.99 NUVEEN EQUITY MARKET NEUTRAL FUND   2019-01-09 2020-03-17
99. O'REILLY AUTOMOTIVE INC   2018-08-22 2020-05-06
12. O'REILLY AUTOMOTIVE INC   2018-08-22 2020-06-26
17. PARKER HANNIFIN CORP   2018-08-22 2020-06-26
16. PEPSICO INC   2020-05-06 2020-06-26
1433.02 PIMCO LONG DURATION TOTAL RETURN FUND   2020-05-06 2020-09-25
30. PROCTER & GAMBLE CO   2020-05-06 2020-06-26
27. PROLOGIS INC (REIT)   2018-08-22 2020-06-26
33. PROLOGIS INC (REIT)   2020-05-06 2020-06-26
50000. RAYTHEON COMPANY 3.125% 10/15/2020   2013-11-04 2020-10-15
6. ROCKWELL INTL CORP NEW   2017-08-24 2020-05-06
17. ROCKWELL INTL CORP NEW   2017-08-24 2020-06-26
44. ROSS STORES INC   2018-08-22 2020-06-26
648. ROSS STORES INC     2020-09-25
20. ROSS STORES INC   2020-05-06 2020-09-25
42. SYSCO CORP   2020-05-06 2020-06-26
18. TEXAS INSTRUMENTS INC.   2017-08-24 2020-06-26
11. TEXAS INSTRUMENTS INC.   2020-05-06 2020-06-26
320. THERMO ELECTRON CORP W/1 RT/SH     2020-05-06
410.87 TOUCHSTONE MID CAP FUND   2020-05-06 2020-06-26
5. UNITEDHEALTH GROUP INC   2018-08-22 2020-06-26
9. UNITEDHEALTH GROUP INC   2020-05-06 2020-06-26
33. VALERO ENERGY   2016-04-13 2020-05-06
46. VALERO ENERGY   2016-04-13 2020-06-26
2316. VANGUARD FTSE DEVELOPED MARKETS ETF   2020-05-06 2020-09-25
7282. VANGUARD FTSE DEVELOPED MARKETS ETF     2020-09-25
27. VISA INC   2008-09-18 2020-05-06
34. VISA INC   2008-09-18 2020-06-26
15. WEC ENERGY GROUP INC   2019-06-28 2020-05-06
26. WEC ENERGY GROUP INC   2019-06-28 2020-06-26
120. WAL-MART STORES, INC.   2019-06-28 2020-05-06
186. WAL-MART STORES, INC.   2019-01-09 2020-05-06
19. WAL-MART STORES, INC.   2019-01-09 2020-06-26
4937.85 WESTERN ASSET CORE PLUS BD I   2020-05-06 2020-09-25
9. ACCENTURE LTD CLASS A   2020-05-06 2020-06-26
9. ACCENTURE LTD CLASS A   2017-08-24 2020-06-26
20. CHUBB LIMITED   2016-04-13 2020-06-26
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(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 31,986   40,635 -8,649
b 2,573   2,534 39
c 2,139   2,212 -73
d 1,357   936 421
e 5,554   3,746 1,808
10,961   9,340 1,621
2,189   3,089 -900
2,604   3,460 -856
2,233   1,136 1,097
2,116   1,940 176
11,440   9,662 1,778
12,862   12,707 155
4,659   4,411 248
64,655   43,893 20,762
2,353   1,730 623
1,513   1,600 -87
1,410   1,414 -4
1,587   1,295 292
55,358   38,123 17,235
2,120   1,965 155
2,038   1,517 521
2,454   3,538 -1,084
1,209   1,614 -405
1,557   2,235 -678
71,599   83,819 -12,220
18,047   53,165 -35,118
36,822   34,109 2,713
52,495   49,651 2,844
37,110   18,379 18,731
3,583   1,838 1,745
3,028   2,474 554
3,776   2,985 791
2,281   2,090 191
33,129   41,018 -7,889
15,665   15,425 240
39,163   29,810 9,353
63,432   42,863 20,569
3,692   2,575 1,117
1,972   1,880 92
1,972   962 1,010
1,536   1,714 -178
52,221   50,422 1,799
3,163   2,007 1,156
2,109   2,330 -221
64,166   65,935 -1,769
9,006   8,703 303
36,111   41,692 -5,581
2,429   1,488 941
1,457   1,365 92
1,013   966 47
2,363   1,907 456
50,531   50,919 -388
3,831   3,626 205
116,435   117,818 -1,383
11     11
11     11
11     11
11     11
346,838   365,674 -18,836
85,160   76,349 8,811
10,343   8,210 2,133
21     21
20     20
20     20
20     20
3,533   2,356 1,177
1,023   1,018 5
3,736   3,490 246
3,855   3,909 -54
2,252   2,224 28
2,149   1,944 205
716   780 -64
143,859   149,913 -6,054
209,752   230,000 -20,248
258,345   262,713 -4,368
46,652   47,103 -451
2,626   1,991 635
12,502   20,166 -7,664
1,901   2,905 -1,004
576   622 -46
25,885   25,766 119
54,111   44,458 9,653
79,963   75,794 4,169
46,988   27,763 19,225
43,565   38,760 4,805
11,024   3,087 7,937
20,987   20,028 959
59,326   31,224 28,102
3,061   888 2,173
2,563   2,378 185
2,964   2,423 541
2,701   2,423 278
5,497   4,465 1,032
23,249   24,935 -1,686
161,619   185,784 -24,165
38,646   32,874 5,772
4,976   3,985 991
2,942   2,918 24
2,078   2,113 -35
17,340   16,365 975
3,499   3,479 20
2,453   1,762 691
2,998   2,932 66
50,000   51,005 -1,005
1,144   960 184
3,486   2,721 765
3,739   4,129 -390
56,033   60,485 -4,452
1,729   1,801 -72
2,203   2,137 66
2,211   1,468 743
1,351   1,242 109
107,859   58,258 49,601
14,639   13,859 780
1,445   1,305 140
2,600   2,650 -50
2,104   2,060 44
2,597   2,871 -274
92,832   81,890 10,942
291,883   300,734 -8,851
4,860   406 4,454
6,498   511 5,987
1,331   1,254 77
2,188   2,173 15
15,019   13,387 1,632
23,279   17,774 5,505
2,265   1,816 449
61,279   58,563 2,716
1,916   1,641 275
1,916   1,156 760
2,497   2,408 89
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
      16,386
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       -8,649
b       39
c       -73
d       421
e       1,808
      1,621
      -900
      -856
      1,097
      176
      1,778
      155
      248
      20,762
      623
      -87
      -4
      292
      17,235
      155
      521
      -1,084
      -405
      -678
      -12,220
      -35,118
      2,713
      2,844
      18,731
      1,745
      554
      791
      191
      -7,889
      240
      9,353
      20,569
      1,117
      92
      1,010
      -178
      1,799
      1,156
      -221
      -1,769
      303
      -5,581
      941
      92
      47
      456
      -388
      205
      -1,383
      11
      11
      11
      11
      -18,836
      8,811
      2,133
      21
      20
      20
      20
      1,177
      5
      246
      -54
      28
      205
      -64
      -6,054
      -20,248
      -4,368
      -451
      635
      -7,664
      -1,004
      -46
      119
      9,653
      4,169
      19,225
      4,805
      7,937
      959
      28,102
      2,173
      185
      541
      278
      1,032
      -1,686
      -24,165
      5,772
      991
      24
      -35
      975
      20
      691
      66
      -1,005
      184
      765
      -390
      -4,452
      -72
      66
      743
      109
      49,601
      780
      140
      -50
      44
      -274
      10,942
      -8,851
      4,454
      5,987
      77
      15
      1,632
      5,505
      449
      2,716
      275
      760
      89
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 137,429
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 3,615
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 3,615
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 3,615
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,464
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 2,464
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,151
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOH
    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 .Click to see attachment
    8b
     
    No
    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 addressbullet  
    14
    The books are in care ofbulletHUNTINGTON NATIONAL BANK Telephone no.bullet (740) 588-6470

    Located atbulletPO BOX 1558 DEPT EA5W86COLUMBUSOH ZIP+4bullet43216
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    HUNTINGTON NATIONAL BANK TRUSTEE
    2     		50,774    
    PO BOX 1558 DEPT EA5W86
    COLUMBUS,OH44216
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    6,335,222
    b
    Average of monthly cash balances.......................
    1b
    426,148
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,761,370
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    6,761,370
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    101,421
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,659,949
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    332,997
    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
    332,997
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,615
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,615
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    329,382
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    329,382
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    329,382
    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
    378,235
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    378,235
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    378,235
    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 7 329,382
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 38,646
    b From 2016...... 29,396
    c From 2017...... 25,165
    d From 2018...... 12,979
    e From 2019...... 8,384
    fTotal of lines 3a through e........ 114,570
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 378,235
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 329,382
    e Remaining amount distributed out of corpus 48,853
    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 5 163,423
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		38,646
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		124,777
    10 Analysis of line 9:
    a Excess from 2016.... 29,396
    b Excess from 2017.... 25,165
    c Excess from 2018.... 12,979
    d Excess from 2019.... 8,384
    e Excess from 2020.... 48,853
    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
    ZANESVILLE CONCERT ASSN
    C/O RICHARD G AICHELE
    ZANESVILLE,OH437017993     		NONE PC CHARITABLE OBJECTIVES 35,210
    ALLWELL BEHAVORIAL HEALTH
    SERVICES
    ZANESVILLE,OH43701     		NONE PC MEDICAL 17,605
    BIG BROTHERS BIG SISTERS INC
    ATTN MOLLY CROOKS
    4 NORTH 7TH STREET
    ZANESVILLE,OH437013755     		NONE PC CHARITABLE OBJECTIVES 7,042
    ZANESVILLE MUSEUM OF ART
    ATTN LAINE SNYDER
    ZANESVILLE,OH43701     		NONE PC CULTURAL 35,210
    GSMC FOUNDATION
    ATTN KIM ATKINSON
    ZANESVILLE,OH43701     		NONE PC CHARITABLE OBJECTIVES 35,210
    UNITED WAY OF MUSKINGUM PERRY
    MORGAN COUNTIES INC
    ZANESVILLE,OH437014933     		NONE PC CHARITABLE OBJECTIVES 35,210
    MUSKINGUM RESPIRATORY CARE
    ATTN PEGGY ORECCHIO
    ZANESVILLE,OH437013499     		NONE PC MEDICAL 7,042
    AMERICAN HEART ASSN OHIO
    NATIONAL BEQUEST CTR
    ST PETERSBURG,FL33742     		NONE PC MEDICAL 7,042
    ZANESVILLE CIVIC LEAGUE INC
    ATTN HOWARD BAILEY
    ZANESVILLE,OH437013373     		NONE PC CHARITABLE OBJECTIVES 17,605
    MUSKINGUM VALLEY COUNCIL BOY
    SCOUTS OF AMERICA
    ZANESVILLE,OH437013349     		NONE PC CHARITABLE OBJECTIVES 17,605
    ST JAMES EPISCOPAL CHURCH
    ATTN FINANCE COMMITTEE
    ZANESVILLE,OH43701     		NONE PC GENERAL SUPPORT 7,042
    BUCKEYE VALLEY FAMILY YMCA
    470 WEST CHURCH ST
    NEWARK,OH43055     		NONE PC GENERAL SUPPORT 52,814
    PIONEER HISTORICAL SOCIETY
    ATTN JIM GEYER
    ZANESVILLE,OH437014905     		NONE PC CHARITABLE OBJECTIVES 7,042
    MUSKINGUM CO BOARD OF MRDD
    C/O KELLIE BROWN
    ZANESVILLE,OH437012621     		NONE PC CHARITABLE OBJECTIVES 10,563
    ZANESVILLE BD OF EDUCATION
    ATTN DOUG BAKERSUPERINTENDENT
    ZANESVILLE,OH43701     		NONE PC EDUCATION 52,814
    AMERICAN CANCER SOCIETY
    ATTN BILL M ROBERTS
    OKLAHOMA CITY,OK73162     		NONE PC MEDICAL 7,042
    Total .................................bullet 3a 352,098
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 149,642  
    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 ............     		    18 137,429  
    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)..   287,071  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    287,071
    (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:
    SULSBERGER FOUNDATION
    EIN:
    31-6210487
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 550     550

    TY 2020 ExplnOfNonFilingWithAGStmt
    Name:
    SULSBERGER FOUNDATION
    EIN:
    31-6210487
    Statement:
    The Ohio Attorney General requires that charitable organizations operating or organized within the State submit an annual registration through an online portal that highlights key information from the Form 990-PF for public disclosure purposes. The Trust completes this registration as required in lieu of furnishing a copy of its Form 990-PF to comply with the specific reporting instructions of the State of Ohio.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    SULSBERGER FOUNDATION
    EIN:
    31-6210487
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ASTRAZENECA PLC 1.95% 09/18/20    
    BANK OF AMERICA CORP 2.6% 01/1    
    DR PEPPER SNAPPLE GROUP 2.6% 0    
    FEDERATED TOTAL RETURN BOND FU    
    GOLDMAN SACHS HIGH YIELD FUND    
    COCA COLA ENTERPRISES 3.5% 09/    
    KINDER MORGAN ENERGY PARTNERS    
    LORD ABBET SHORT DURATION INCO    
    PIMCO TOTAL RETURN FUND - INST    
    RAYTHEON COMPANY 3.125% 10/15/    
    INVESCO POWER SHARES PREF PORT    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    SULSBERGER FOUNDATION
    EIN:
    31-6210487
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AT&T INC    
    ALPHABET INC - CL A    
    COMCAST CORP CL A    
    COSTCO WHOLESALE CORP    
    HOME DEPOT INC    
    HONEYWELL INTERNATIONAL INC    
    ISHARES COR S&P MID-CAP ETF    
    ISHARES CORE S&P SMALL-CAP ETF    
    JP MORGAN CHASE & CO    
    MICROSOFT CORP    
    THERMO FISHER SCIENTIFIC INC 1    
    UNITED TECHNOLOGIES CORP    
    VISA INC CLASS A SHARES    
    ACCENTURE PLC CL A    
    ANALOG DEVICES INC    
    AUTOMATIC DATA PROCESSING    
    BERKSHIRE HATHAWAY INC CL B    
    BLACKROCK INC    
    CONSTELLATION BRANDS INC CL A    
    FACEBOOK INC-A    
    NEXTERA ENERGY INC    
    VALERO ENERGY CORP    
    CHUBB LIMITED    
    BAXTER INTERNATIONAL INC W/1    
    CAPITAL ONE FINANCIAL CORP    
    CROWN CASTLE INTL CORP    
    DOWDUPONT INC    
    FISERV INC    
    ILLINOIS TOOL WORKS    
    M & T BANK CORP    
    MCCORMICK & CO INC COM NON VTG    
    NORTHROP GRUMMAN CORP W/1 RT/S    
    ROCKWELL AUTOMATION, INC    
    TEXAS INSTRUMENTS INC    
    VANGUARD FTSE DEVELOPED MARKET    
    AMAZON.COM    
    ANTHEM INC    
    CONSOLIDATED EDISON INC    
    DOLAR TREE INC    
    EOG RESOURCES INC    
    EDWARDS LIFESCIENCES CORP    
    GARRETT MOTION INC    
    HP INC    
    AMERICAN FUNDS NEW WORLD FD F2    
    MCDONALDS CORP    
    O'REILLY AUTOMOTIVE INC    
    PARKER HANNIFIN CORP    
    PROLOGIS INC    
    RESIDEO TECHNOLOGIES INC    
    ROSS STORES INC    
    UNITED HEALTH GROUP INC    
    CONOCOPHILLIPS    
    EASTMAN CHEMICAL CO    
    LOCKHEED MARTIN CORP    
    CHEVRON CORPORATION    
    ECOLAB W/1 RT PER SHARE    
    MFS GLOBAL REAL ESTATE FUND-R6    
    NUVEEN EQUITY MARKET NEUTRAL F    
    WEC ENERGY GROUP INC    
    WAL-MART STORES INC    
    AMERICAN EXPRESS    
    JOHNSON & JOHNSON    
    74340W103 PROLOGIS INC 58,828 90,292
    91913Y100 VALERO ENERGY CORP 43,444 39,373
    543916688 LORD ABBETT SHORT DU 444,763 448,799
    464287804 ISHARES CORE SP SMAL 63,786 108,350
    28176E108 EDWARDS LIFESCIENCES 39,425 76,816
    46625H100 JPMORGAN CHASE CO 30,808 93,651
    512807108 LAM RESEARCH CORP 59,303 84,536
    713448108 PEPSICO INC 32,228 36,185
    91324P102 UNITEDHEALTH GROUP I 53,836 73,292
    H1467J104 CHUBB LIMITED 27,880 47,100
    032654105 ANALOG DEVICES INC 33,291 82,286
    67103H107 O'REILLY AUTOMOTIVE 60,103 81,915
    701094104 PARKER-HANNIFIN CORP 45,123 72,189
    552982720 MFS GLOBAL REAL ESTA 90,172 122,160
    G1151C101 ACCENTURE LTD CLASS 35,851 72,878
    46428Q109 ISHARES SILVER TRUST 44,504 50,835
    007903107 ADVANCED MICRO DEVIC 33,866 58,970
    02079K305 ALPHABET INCORPORATI 51,502 96,395
    09247X101 BLACKROCK INC 31,434 46,179
    254687106 WALT DISNEY CO/THE 31,954 58,159
    65339F101 NEXTERA ENERGY INC 12,230 59,251
    67066G104 NVIDIA CORP 66,078 115,928
    00507V109 ACTIVISION BLIZZARD 35,276 47,725
    071813109 BAXTER INTERNATIONAL 42,992 55,847
    166764100 CHEVRON CORP 34,649 23,562
    742718109 PROCTER GAMBLE CO/T 53,340 64,004
    550021109 LULULEMON ATHLETICA 31,415 49,420
    46120E602 INTUITIVE SURGICAL I 53,353 84,264
    824348106 SHERWIN WILLIAMS CO 45,098 47,769
    38144N841 GOLDMAN SACHS INFLAT 55,628 58,735
    46138E511 INVESCO PREFERRED ET 111,530 115,152
    037833100 APPLE INC 145,475 258,480
    40168W483 GUGGENHEIM LIMITED D 214,259 222,159
    957663503 WESTERN ASSET CORE P 443,350 469,518
    92939U106 WEC ENERGY GROUP INC 32,513 35,800
    025816109 AMERICAN EXPRESS CO 44,170 50,419
    452308109 ILLINOIS TOOL WORKS 41,680 62,387
    654106103 NIKE INC 36,191 58,144
    337738108 FISERV INC 50,785 95,073
    539830109 LOCKHEED MARTIN CORP 35,683 40,823
    871829107 SYSCO CORP 32,709 47,749
    92826C839 VISA INC 7,610 112,646
    31420B847 FEDERATED INSTITUTIO 111,595 114,016
    72201F623 PIMCO LONG DURATION 203,873 197,982
    89155T649 TOUCHSTONE MID CAP F 193,700 251,618
    931142103 WAL MART STORES INC 28,190 42,524
    31428Q739 FEDERATED TOTAL RETU 443,632 464,081
    14040H105 CAPITAL ONE FINANCIA 52,362 60,595
    478160104 JOHNSON JOHNSON 54,237 65,627
    437076102 HOME DEPOT INC/THE 35,126 62,686
    649280815 AMERICAN FUNDS - NEW 241,646 321,528
    097023105 BOEING CO/THE 22,762 38,531
    464285105 ISHARES COMEX GOLD T 51,971 52,831
    55261F104 MT BANK CORP 44,794 37,299
    882508104 TEXAS INSTRUMENTS IN 36,367 73,202
    592905749 METROPOLITAN WEST UN 111,550 117,823
    61756E461 MORGAN STANLEY INSTI 463,425 533,886
    023135106 AMAZON COM INC 111,669 175,874
    30303M102 FACEBOOK INC CL-A 29,816 76,212
    666807102 NORTHROP GRUMMAN COR 37,687 42,661
    773903109 ROCKWELL AUTOMATION 42,413 66,465
    22160K105 COSTCO WHOLESALE COR 28,794 70,835
    22822V101 CROWN CASTLE INTERNA 45,452 55,398
    532457108 ELI LILLY CO 31,079 34,612
    594918104 MICROSOFT CORP 32,261 188,835

    TY 2020 OtherExpensesSchedule
    Name:
    SULSBERGER FOUNDATION
    EIN:
    31-6210487
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING/TAX PAYMENT 200 0   200


    TY 2020 OtherIncreasesSchedule
    Name:
    SULSBERGER FOUNDATION
    EIN:
    31-6210487
    Description Amount
    MUTUAL FUND TIMING DIFFERENCE 5,716
    COST BASIS ADJUSTMENT 224


    TY 2020 TaxesSchedule
    Name:
    SULSBERGER FOUNDATION
    EIN:
    31-6210487
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 798 798   0
    FEDERAL ESTIMATES - PRINCIPAL 1,035 0   0
    FOREIGN TAXES ON NONQUALIFIED 80 80   0