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
Jerome Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)541 E Chapman Ave Suite B
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Orange, CA92866
A Employer identification number

95-6039063
B Telephone number (see instructions)

(714) 538-2393
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$15,945,599J 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) 50,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 395,490 395,490 395,490
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -218,464
b Gross sales price for all assets on line 6a 421,945
7 Capital gain net income (from Part IV, line 2)...  
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........ 227,026 395,490 395,490
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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 6,250      
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 198      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 8,411      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 14,859 0   0
25 Contributions, gifts, grants paid....... 775,150 775,150
26 Total expenses and disbursements. Add lines 24 and 25 790,009 0   775,150
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -562,983
b Net investment income (if negative, enter -0-) 395,490
c Adjusted net income (if negative, enter -0-)... 395,490
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............. 100,825 126,340 126,340
2 Savings and temporary cash investments......... 169,037 2,859 2,859
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)....... 5,704,381 Click to see attachment5,273,708 15,735,573
c Investments—corporate bonds (attach schedule)....... 77,740 Click to see attachment77,740 80,827
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 6,051,983 5,480,647 15,945,599
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund 2,844,803 2,844,803
28 Retained earnings, accumulated income, endowment, or other funds 3,207,180 2,635,844
29 Total net assets or fund balances (see instructions)..... 6,051,983 5,480,647
30 Total liabilities and net assets/fund balances (see instructions). 6,051,983 5,480,647
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
6,051,983
2
Enter amount from Part I, line 27a .....................
2
-562,983
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
5,489,000
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
8,353
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,480,647
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 Deere & Co. P 2001-01-01 2020-12-29
b Driehus P 2001-01-01 2020-11-05
c Fortive P 2001-01-01 2020-10-04
d General Electric P 2001-01-01 2020-09-29
e Proctor & Gamble P 2001-01-01 2020-12-29
Pacific Gas & Electric P 2001-01-01 2020-09-29
Pfizer P 2001-01-01 2020-11-17
MMM P 2001-01-01 2020-12-29
(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 59,640   5,762 53,878
b 23,653   28,530 -4,877
c 22   8 14
d 214,938   560,742 -345,804
e 40,860   8,301 32,559
4,595   20,144 -15,549
5   2 3
78,232   16,920 61,312
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       53,878
b       -4,877
c       14
d       -345,804
e       32,559
      -15,549
      3
      61,312
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 -218,464
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 5,497
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 5,497
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 5,497
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 7,980
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 7,980
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 2,483
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet2,483 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
     
    No
    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)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletSherrie Spray Telephone no.bullet (714) 538-2393

    Located atbullet541 E Chapman Ave Ste BOrangeCA ZIP+4bullet928661648
    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
    James M Andreoli President
    0.00     		0    
    4020 Bandini Blvd
    Vernon,CA90058
    Richard Jerome Vice President
    0.00     		0    
    4020 Bandini Blvd
    Vernon,CA90058
    Jeffrey Wilson Sec. & Treas.
    0.00     		0    
    4020 Bandini Blvd
    Vernon,CA90058
    Mitchell Ebright Vice President
    0.00     		0    
    4020 Bandini Blvd
    Vernon,CA90058
    Martha E Morales VP & Asst Treas
    0.00     		0    
    4020 Bandini Blvd
    Vernon,CA90058
    Anthony Andreoli Vice President
    0.00     		0    
    4020 Bandini Blvd
    Vernon,CA90058
    James A Andreoli Vice President
    0.00     		0    
    4020 Bandini Blvd
    Vernon,CA90058
    Andrew Andreoli Vice President
    0.00     		0    
    4020 Bandini Blvd
    Vernon,CA90058
    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  
    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
    14,345,195
    b
    Average of monthly cash balances.......................
    1b
    269,610
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    14,614,805
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    14,614,805
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    219,222
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    14,395,583
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    719,779
    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
    719,779
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    5,497
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,497
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    714,282
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    714,282
    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
    714,282
    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
    775,150
    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
    775,150
    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
    775,150
    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 7 714,282
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 574,484
    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$ 775,150
    a Applied to 2019, but not more than line 2a 574,484
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 200,666
    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 ..........     		513,616
    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).)
    James M Andreoli
    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 e-mail address of the person to whom applications should be addressed:
    Jerome Foundation
    541 E Chapman Ave Suite B
    Orange,CA92866
    (714) 538-2393
    bThe form in which applications should be submitted and information and materials they should include:
    No standard form or specific format
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    See statement attached
    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
    La Habra Children's Museum
    301 S Euclid
    La Habra,CA90631     		Public Charity Public Unrestricted 28,000
    Variety BoysGirls Club
    2530 Cincinnati St
    Los Angeles,CA90033     		Public Charity Public Unrestricted 28,750
    YMCA - Whittier
    12817 East Hadley Street
    Whittier,CA90601     		Public Charity Public Unrestricted 16,000
    Children's Hospital of LA
    4650 Sunset Blvd
    Los Angeles,CA90027     		Public Charity Public Unrestricted 20,000
    Children's Hospital of OC
    455 South Main Street
    Orange,CA92868     		Public Charity Public Unrestricted 20,000
    Future Farmer's - Nat'l
    6060 FFA Drive
    Indianapolis,IN46268     		Public Charity Public Unrestricted 16,000
    St Anthony Indian Assoc
    PO Box 486
    Zuni,NM87327     		Public Charity Public Unrestricted 9,000
    Whittier BoysGirls Club
    7905 South Greenleaf Ave
    Whittier,CA90602     		Public Charity Public Unrestricted 16,000
    Jr Achievement LA
    6250 Forest Lawn Drive
    Los Angeles,CA90068     		Public Charity Public Unrestricted 16,000
    Union Rescue Mission
    545 S San Pedro St
    Los Angeles,CA90013     		Public Charity Public Unrestricted 16,000
    Children of the Night
    14530 Sylvan St
    Van Nuys,CA91411     		Public Charity Public Unrestricted 16,000
    Jerome Peacock-USC Loan
    1975 Zonal Ave
    Los Angeles,CA90033     		Public Charity Public Unrestricted 42,000
    LA Food Bank
    1734 E 41st Street
    Los Angeles,CA90058     		Public Charity Public Unrestricted 20,000
    Make a Wish Fndtn
    1875 Century Park E Ste 950
    Los Angeles,CA90067     		Public Charity Public Unrestricted 16,000
    CA Highway Patrol 11-99 Fnd
    2244 N State College Blvd
    Fullerton,CA92831     		Public Charity Public Unrestricted 30,000
    Whittier College
    13406 E Philadelphia St
    Whittier,CA90608     		Public Charity Public Unrestricted 16,000
    Sight for Kids Inc
    PO Box 245
    Whittier,CA90608     		Public Charity Public Unrestricted 16,000
    Holy Angels Church of Deaf
    4433 S Santa Fe
    Vernon,CA90058     		Public Charity Public Unrestricted 16,000
    Covenant House - Hollywood
    1325 N Western Avenue
    Hollywood,CA90027     		Public Charity Public Unrestricted 16,000
    Whittier Presbyterian Church
    12401 Washington Blvd
    Whittier,CA90602     		Public Charity Public Unrestricted 40,000
    USC Norris Cancer
    1441 Eastlake Ave Room 80
    Los Angeles,CA90033     		Public Charity Public Unrestricted 28,000
    American Red Cross
    11553 Ohio Avenue
    Los Angeles,CA90025     		Public Charity Public Unrestricted 21,000
    Community Family Guidance
    8320 Iowa Street
    Downey,CA90241     		Public Charity Charity Unrestricted 1,200
    John Tracy Clinic
    806 West Adams Blvd
    Los Angeles,CA90007     		Public Charity Charity Unrestricted 30,000
    Keck School of Medicine
    1975 Zonal KAM 302
    Los Angeles,CA90033     		Public Charity Charity Unrestricted 28,000
    Laura's House
    909 Corporate Drive Suite 225
    Ladera Ranch,CA92694     		Public Charity Public Unrestricted 16,000
    International Sanctuary
    17935 Sky Park Circle Suite F
    Irvine,CA92614     		Public Charity Public Unrestricted 20,000
    CURE
    PO Box 74008164
    Chicago,IL60674     		Public Charity Public Unrestricted 30,000
    City of Hope
    2500 E Duarte Road
    Duarte,CA91010     		Public Charity Public Unrestricted 20,000
    Long Beach Ronald MacDonald House
    500 E 27th Street
    Long Beach,CA90806     		Public Charity Public Unrestricted 16,000
    Mayo Clinic-Phoenix Facility
    200 First Street SW
    Rochester,MN55905     		Public Charity Public Unrestricted 40,000
    Delores Mission
    170 Gless Street
    Los Angeles,CA90033     		Public Charity Public Unrestricted 30,000
    Aging Next
    141 Spring Street
    Claremont,CA91711     		Public Charity Public Unrestricted 10,000
    Direct Relief
    6100 Becknell Road
    Santa Barbara,CA93117     		Public Charity Public Unrestricted 5,000
    Canine Companions
    PO Box 446
    Santa Rosa,CA95402     		Public Charity Public Unrestricted 10,000
    Miracle Meals Foundation Inc
    1785 E Sahara Ave
    Las Vegas,NV89104     		Public Charity Public Unrestricted 4,200
    UCI Health Adv
    333 City Blvd West Suite 605
    Orange,CA92668     		Public Charity Public Unrestricted 16,000
    UCLA Medical Center
    757 Westwood Plaza
    Los Angeles,CA90095     		Public Charity Public Unrestricted 10,000
    Success Foundation
    5798 South 130th Place
    Seattle,WA98178     		Public Charity Public Unrestricted 5,000
    Salvation Army
    7651 S Century Avenue
    Los Angeles,CA90001     		Public Harity Public Unrestricted 21,000
    Total .................................bullet 3a 775,150
    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....     14 395,490  
    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 -218,464  
    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)..   177,026  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    177,026
    (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.)
    3-8 The income provided the funds for the foundation's charitable distributions.
    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: 20011551
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    Jerome Foundation
     
    Employer identification number

    95-6039063
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    Jerome Foundation
          		Employer identification number
    95-6039063
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    James M Andreoli
    4020 Bandini Blvd
     
    Vernon, CA90058

    		$ 50,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    Jerome Foundation
          		Employer identification number

    95-6039063
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    Jerome Foundation
          		Employer identification number

    95-6039063
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID: 20011551
    Software Version: 2020v4.0

    TY 2020 AccountingFeesSchedule
    Name:
    Jerome Foundation
    EIN:
    95-6039063
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting fees 6,250 0 0 0

    TY 2020 GeneralExplanationAttachment
    Name:
    Jerome Foundation
    EIN:
    95-6039063
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Identifier Return Reference Explanation
      General Explanation Supplemental Information for Form 990-PF Part XV, 2d - Supplementary InformationNone - Grants are made at the discretion of the trustees and are generally limited to Southern California public charitable organizations: principal private donee has been Jerome Foundation (Phillipines).
      General Explanation Supplemental Information for Form 990-PF Jerome Foundation 95-6039063Return of Private FoundationYear Ended December 31, 2019Statement Required by Regulation 53.4945-5(d)(2)Re: Part VII B Question 5 (c) I)Name and address of Grantee: Jerome Foundation RFS Condominium Building Salcedo Cor. Gamboa Sts. Legaspi Village, Makati Rizal, Philippines II)Dates and Amount of Grants 1/6/19$ 300 2/6/19 300 3/6/19 300 4/5/19 300 5/5/19 300 6/6/19 300 $ 1,800 III) Purpose of Grant: The purpose of the above grants was to assist the Jerome Foundation, Philippines, in its philanthropic and charitable projects in the Pholippines. IV) Amounts Expended by Grants: As of January 31, 2020, all grants have been expended for the above purposes. V) To the knowledge of the grantor, the grantee has not expended any of the funds for purposes other than those listed in (III) above. VI) The grantor received reports from the grantee on a quarterly basis throughout the tax year. VII) A verification of the grantee's reports was undertaken in January 2020. All reports were found to be in order.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Jerome Foundation
    EIN:
    95-6039063
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Vanguard ST Term 975 shs 77,740 80,827

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Jerome Foundation
    EIN:
    95-6039063
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Abbott Labs 100 shs 3,316 10,949
    Abbvie 200 shs 6,565 21,430
    Accenture 200 shs 10,940 52,242
    AFF Managers GP 40 shs 5,206 4,068
    Alphabet Class A 50 shs 17,521 87,632
    Alphabet Class C 60 shs 20,901 105,113
    Amazon 50 shs 10,272 162,846
    Allegion Public Ltd 366 shs 6,439 42,595
    Amer Elect Power 1500 shs 58,403 124,906
    Amgen 500 shs 81,887 114,960
    Apple 980 shs 28,145 520,145
    Aqua America 1000 shs 26,827 47,290
    AQR Managed FUT 1082.108 shs 10,686 8,495
    ASG Global Alter 1107.326 shs 12,555 12,003
    AT&T 3000 shs 102,339 86,280
    Auto Data Proc 900 shs 40,285 158,580
    Avanos Medical 587 shs 7,759 26,932
    Bank of America 3500 shs 57,150 106,085
    Baring Corp 9400 shs 98,833 123,892
    Bayer AG 200 6,766 2,968
    Berkshire 1000 shs 58,389 231,870
    Blackrock Inc 20 shs 7,869 14,431
    Boeing 115 shs 14,540 24,617
    Boston Partners 2971.534 shares 43,236 43,295
    Bristol Meyers 5000 shs 95,004 297,744
    Cap One Financial 600 shs 22,945 59,310
    CA Water Service 2000 shs 25,640 108,060
    Caterpillar 3600 shs 170,746 655,272
    CDK Global 300 shs 5,723 15,549
    Celanese Corp 100 shs 4,024 12,994
    Century Link 84 shs 2,126 819
    Chevron 1622 shs 53,733 136,978
    Cisco 1800 shs 56,731 80,550
    CME Group 80 shs 9,727 14,564
    Coca Cola 200 shs 9,275 10,968
    Conagra 1000 shs 29,135 36,260
    CVS/Caremark 1950 shs 116,830 133,185
    Costco 125 shs 10,590 47,098
    Cummins 335 shs 45,753 76,078
    Danaher 175 shs 7,506 38,875
    Deere & Co 5775 shs 147,913 1,553,764
    Diageo PLC-ADR 125 shs 9,815 19,851
    Driehaus 2629.079 shs    
    Dow 836 shs 32,924 46,953
    Ecolab 100 shs 5,003 21,636
    Edison 2200 shs 59,334 138,204
    Emerson 9000 shs 234,376 715,293
    Exxon 6000 shs 217,405 280,296
    Fed Ex 100 shs 9,295 25,962
    Ford 2000 shs 32,643 17,580
    Fortive 87 shs 1,979 6,161
    GE 35000 shs    
    General Mills 12600 shs 232,851 740,880
    Gilead Science 800 shs 7,037 46,608
    Glaxosmithkline 1000 shs 43,406 36,800
    IBM 2000 shs 217,645 251,760
    Ill Tool 1000 shs 40,331 203,880
    Trane Tech 1300 shs 46,361 232,901
    Intel 8700 shs 301,451 433,434
    Ish Core S&P Sm Cap 1000 shs 53,092 91,900
    Ish S&P 500 Value 240 shs 24,751 30,725
    Ish S&P Mid Cap 400- 300 shs 41,883 86,664
    Ishs Core S&P Mid 300 shs 36,889 68,949
    Ishs Taiwan 1000 shs 22,304 53,080
    J & J 5600 shs 319,411 881,328
    John Hancock FD 600 shs 14,850 10,362
    Kim Clark 4700 shs 182,381 633,701
    Lamb Weston 333 shs 8,953 26,220
    Manulife Financial 600 shs 11,556 10,692
    McDonalds 300 shs 17,377 64,374
    Merger FD 1086.828 shs 17,336 18,770
    Microsoft 1500 shs 53,568 333,630
    Mirant Wts 1192 wts 1,423  
    Neuberger Bermen 3896.808 shs 52,351 64,726
    Nextra Energy 4000 shs 54,644 308,600
    P & G 11015 shs 309,910 1,532,627
    Pepsico 300 shs 13,618 44,490
    Pfizer 2670 shs 50,590 98,283
    RPM 4000 shs 49,156 363,120
    Southern Co 4500 shs 97,235 276,435
    SPDR DJ Intl RE 400 shs 14,360 13,636
    Teradata 374 shs 224 8,404
    Three M 5550 shs 208,701 970,084
    TJX Co 300 shs 10,785 20,487
    T. Rowe Price 908.765 shs 31,326 45,011
    Tweedy Browne 1039.240 shs 27,766 28,527
    Union Pacific 250 shs 12,274 52,055
    PG & E 500 shs    
    United Parcel 165 shs 17,775 27,786
    US Bancorp 2031 shs 13,406 94,624
    Vanguard Emg Mkt 645 shs 24,046 32,321
    Vanguard FTSE DEV 1381 shs 50,867 65,197
    Vanguard REIT VIP 625 shs 33,540 53,081
    Verizon 1220 shs 56,842 71,675
    Visa 475 shs 16,239 103,897
    Walmart 1740 shs 74,124 250,821
    Walt Disney 150 shs 15,549 27,177
    Wells Fargo 2500 shs 59,125 75,450
    Corteva 836 shares 18,228 32,757
    DuPont 836 shares 50,247 60,159
    Wabtec 187 shares 14,597 13,688
    Clorox 200 shs 33,243 40,384
    Kellogg 200 shs 11,972 12,446
    Viatris 331 shs 2,773 6,203
    Vontier 34 shs 335 1,136

    TY 2020 OtherDecreasesSchedule
    Name:
    Jerome Foundation
    EIN:
    95-6039063
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    Federal taxes 8,353


    TY 2020 OtherExpensesSchedule
    Name:
    Jerome Foundation
    EIN:
    95-6039063
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bookkeeping service 6,500      
    Office expense 264      
    Service charges 90      
    Storage 1,557      


    TY 2020 TaxesSchedule
    Name:
    Jerome Foundation
    EIN:
    95-6039063
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign taxes 113      
    Non Profit Corp Fee 75      
    Other 10