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 07-01-2020 , and ending 06-30-2021
Name of foundation
PITTSFIELD HIGH SCHOOL CLASS OF
1954 SCHOLARSHIP FUND INC
Number and street (or P.O. box number if mail is not delivered to street address)234 S MONROE ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSFIELD, IL62363
A Employer identification number

37-1178599
B Telephone number (see instructions)

(217) 285-4202
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$2,355,483J 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) 203,290
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 35,974 35,974  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 154,180
b Gross sales price for all assets on line 6a 1,168,110
7 Capital gain net income (from Part IV, line 2)... 154,180
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........ 393,444 190,154  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 5,000      
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 3,975      
c Other professional fees (attach schedule).... Click to see attachment 18,646 18,646    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 17 17    
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 attachment 37      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 27,675 18,663   0
25 Contributions, gifts, grants paid....... 199,925 199,925
26 Total expenses and disbursements. Add lines 24 and 25 227,600 18,663   199,925
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 165,844
b Net investment income (if negative, enter -0-) 171,491
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 51,773 96,109 96,109
2 Savings and temporary cash investments......... 186,623 50,971 50,971
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,385,333 Click to see attachment1,662,319 2,208,398
c Investments—corporate bonds (attach schedule)....... 19,824    
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) Click to see attachment6 Click to see attachment5 Click to see attachment5
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,643,559 1,809,404 2,355,483
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........... 1,643,559 1,809,404
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    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,643,559 1,809,404
30 Total liabilities and net assets/fund balances (see instructions). 1,643,559 1,809,404
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
1,643,559
2
Enter amount from Part I, line 27a .....................
2
165,844
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1
4
Add lines 1, 2, and 3 ..........................
4
1,809,404
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,809,404
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 367 SH WELLS FARGO & CO P 2020-06-04 2020-07-02
b 1500 SH INVESCO DYNAMIC CR P 2014-09-26 2020-09-17
c 256 SH CAMPBELL SOUP CO P 2019-08-19 2020-09-16
d 6 SH KIMBERLY CLARK CORP P 2018-12-11 2020-12-17
e 70 SH INTERNATIONAL BUS MACH CORP P 2020-05-13 2021-01-27
144 SH I SHARES TR _ US MED DIVC P 2020-07-21 2021-03-05
114 SH SELECT SECTOR SPDR TRUST ENER P 2020-05-06 2020-07-06
50 SH LOCKHEED MARTIN CORP P 2015-02-26 2020-09-17
218 SH CITI GROUP INC P 2020-07-02 2020-09-25
2 SH LOCHEED MARTIN CORP P 2018-06-04 2020-12-17
167 SH PAYCHEX INC P 2018-06-04 2021-01-27
301 SH I SHARES TR _ NASDAX BIOTECH P 2020-05-11 2021-03-05
85 SH SPDR S&P500EFT TRUST SPY P 2018-06-27 2020-07-08
100 SH WELLS FARGO & CO P 2015-09-01 2020-09-17
219 SH VANGUARD MEGA GRWTH IND P 2020-09-02 2020-09-25
11 SH PAYCHEX INC P 2018-06-04 2020-12-17
35 SH LOCKHEED MARTIN CORP P 2018-06-04 2021-02-03
1099 SH NEW YORK COMMUNITY BANCORP P 2021-02-25 2021-05-10
188 SH SEAGATE TECHNOLOGY P 2020-04-01 2020-07-16
400 SH AMEREN CORP P 2014-09-08 2020-09-17
230 SH ISHARES TRUST RUS 1000 ETF P 2020-06-02 2021-09-28
42 SH PEOPLES UNITED FINANCIAL INC P 2020-12-07 2020-12-17
95 SH PEPSICO INC P 2018-10-24 2021-02-03
113 SH QUALCOMM INC P 2020-03-09 2021-05-14
4 SH REPUBLIC SERVICES INC P 2018-06-04 2013-07-29
100 SH FMC CORP P 2015-11-05 2020-09-17
398 SH SPDR S & P 500 ETF P 2018-06-27 2020-10-14
6 SH PEPSICO INC P 2018-10-24 2020-12-17
335 SH PFIZER INC P 2020-03-09 2021-02-03
TO RECONCILE P 2020-03-09 2021-05-14
7 SH HOME DEPOT INC P 2018-06-04 2020-07-31
83 SH JOHNSON CONTROLS P 2016-09-02 2020-09-17
366 SH AT & T INC P 2018-10-17 2020-10-14
8 SH PHILIP MORRIS INTL P 2020-09-14 2020-12-17
71 SH SELECT SECTOR SPDR- TECHNOLOG P 2018-06-27 2021-02-23
158 SH GILEAD SCIENCES INC P 2020-02-28 2020-08-12
93 SH LIVENT CORP P 2015-11-05 2020-09-17
312 SH CF INDUSTRIES HOLDINGS INC P 2020-08-10 2020-10-14
33 SH QUALCOMM INC P 2020-03-09 2020-12-17
114 SH SELECT SECTOR SPDR HEALCARE P 2019-08-26 2021-02-23
100 SH SELECT SECTOR SPDR HEALTHCARE P 2019-08-26 2020-08-31
50 SH PROCTER & GAMBLE CO P 2015-11-05 2020-09-17
98 SH MERCK & CO INC P 2018-12-17 2020-11-25
10 SH REPUBLIC SERVICES INC P 2020-06-04 2020-12-17
226 SH GENERAL MILLS INC P 2021-02-01 2021-03-01
213 SH CISCO SYSTEMS INC P 2020-03-13 2020-09-03
1100 SH WESTERN UNION CO P 2015-02-26 2020-09-17
44 SH JOHNSON & JOHNSON P 2020-03-10 2020-11-25
17 SH UNITED PARCEL SERVICE INC P 2020-03-13 2020-12-17
161 SH REPUBLIC SERVICES INC P 2018-06-04 2021-03-01
13 SH FORD MOTOR CO P 2000-04-04 2020-09-17
36 SH SELECT SECTOR SPDR SBI CONS D P 2018-06-27 2020-09-22
153 SH SPDR S & P 500 EFT P 2018-06-27 2020-11-18
21 SH UNUM GREOUP P 2020-11-23 2020-12-17
41 SH VIATRIS INC P 2020-03-09 2021-03-01
10 SH COCA COLA REFRESHMENTS P 2008-12-31 2021-09-17
118 SH SELECT SECOTR SPDR-TECHNOLOGY P 2018-06-27 2020-09-22
134 SH SPDR S & P ETF P 2018-06-27 2020-11-25
12 SH VERIZON COMUNICATIONS P 2020-09-14 2020-12-17
227 SH NETAPP INC P 2020-05-13 2021-03-02
50 SH HOWMET AEROSPACE INC P 2015-09-22 2021-09-17
188 SH SELECT SECTOR SPDR -COMMUNICA P 2018-06-27 2020-09-22
55 SH SPDR S & P 500 EFT P 2018-06-27 2020-12-08
91 SH KIMBERLY CLARK CORP P 2018-12-11 2020-12-17
56 SH SELECT SECTOR - TECHNOLOGY P 2018-06-27 2021-03-09
8 SH ADIENT PLC P 2016-10-31 2020-09-17
200 SH VALERO ENERGY CORP P 2020-04-01 2020-09-16
122 SH DOMINION ENERGY INC P 2020-10-12 2020-12-09
28 SH SPDR S & P 500 EFT P 2020-03-23 2021-01-15
128 SH SELECT SECTOR - SBI CONC DISC P 2018-06-27 2021-03-09
100 SH DEERE & CO P 2015-11-05 2020-09-17
345 SH MARATHON PETROLEUM CORP P 2020-05-13 2020-09-16
4 SH CHEVRON CORP P 2020-11-23 2020-12-17
285 SH SELECT SECTOR SPDR TRUST P 2018-07-02 2021-01-15
127 SH ISHARES TRUST EXPANDED TECH S P 2020-12-17 2021-03-02
50 SH INTERNATIONAL BUS MACH CORP P 2014-12-04 2020-09-17
205 SH GENERAL MILLS INC P 2020-02-27 2020-09-16
3 SH HOME DEPOT INC P 2018-06-04 2020-12-17
295 SH SELECT SECTOR SPDR TRUST P 2019-04-12 2021-01-15
808 SH ISHARES TRUST S & P 500 P 2018-06-04 2021-03-05
(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 9,370   10,991 -1,621
b 13,920   17,534 -3,614
c 11,760   11,060 700
d 816   691 125
e 8,298   8,079 219
46,650   41,544 5,106
4,226   4,545 -319
19,559   10,170 9,389
9,185   11,086 -1,901
715   637 78
14,482   11,169 3,313
45,220   40,213 5,007
26,888   23,619 3,269
2,486   5,227 -2,741
39,268   43,082 -3,814
1,006   736 270
11,353   11,149 204
12,758   14,307 -1,549
9,111   9,003 108
30,811   15,810 15,001
41,673   40,761 912
551   562 -11
13,033   10,782 2,251
14,039   8,347 5,692
346   272 74
11,171   3,584 7,587
140,481   135,311 5,170
866   681 185
11,612   10,783 829
32     32
1,856   1,341 515
3,523   3,792 -269
10,282   11,937 -1,655
678   657 21
9,649   8,220 1,429
10,793   10,794 -1
866   555 311
9,248   10,864 -1,616
4,911   2,438 2,473
13,069   12,085 984
10,813   9,924 889
6,926   3,861 3,065
7,852   7,396 456
954   681 273
12,621   13,045 -424
8,917   7,514 1,403
24,669   23,063 1,606
6,307   6,081 226
2,834   1,575 1,259
14,549   10,957 3,592
15,298   9,882 5,416
5,259   5,346 -87
55,092   42,062 13,030
475   470 5
614   583 31
11,418   9,942 1,476
13,415   13,661 -246
47,948   33,257 14,691
721   725 -4
14,298   9,278 5,020
3,627   4,157 -530
11,190   11,442 -252
20,287   12,191 8,096
12,360   10,482 1,878
7,227   6,483 744
149   373 -224
9,524   10,533 -1,009
9,226   10,107 -881
10,646   6,206 4,440
20,092   19,008 1,084
21,593   7,834 13,759
11,066   10,665 401
360   360  
18,905   16,310 2,595
45,256   44,854 402
6,113   8,205 -2,092
12,036   10,541 1,495
803   575 228
19,326   16,448 2,878
50,783   33,435 17,348
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -1,621
b       -3,614
c       700
d       125
e       219
      5,106
      -319
      9,389
      -1,901
      78
      3,313
      5,007
      3,269
      -2,741
      -3,814
      270
      204
      -1,549
      108
      15,001
      912
      -11
      2,251
      5,692
      74
      7,587
      5,170
      185
      829
      32
      515
      -269
      -1,655
      21
      1,429
      -1
      311
      -1,616
      2,473
      984
      889
      3,065
      456
      273
      -424
      1,403
      1,606
      226
      1,259
      3,592
      5,416
      -87
      13,030
      5
      31
      1,476
      -246
      14,691
      -4
      5,020
      -530
      -252
      8,096
      1,878
      744
      -224
      -1,009
      -881
      4,440
      1,084
      13,759
      401
       
      2,595
      402
      -2,092
      1,495
      228
      2,878
      17,348
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 2 154,180
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 15,642
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 2,384
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 2,384
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,384
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a  
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  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 3
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,387
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 taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    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. Click to see attachment...............................
    10
    Yes
     
    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 ofbulletMARY R KENDALL Telephone no.bullet (217) 285-4202

    Located atbullet231 S MONROE ST231 S MONROE STPITTSFIELDIL ZIP+4bullet623631932
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    KATHLEEN A MARABLE PRESIDENT
    0.50     		1,000 0 0
    725 E W WASHINGTON ST
    725 E W WASHINGTON ST
    PITTSFIELD,IL62363
    JULIE COOK DIRECTOR
    0.50     		2,000 0 0
    3925 HAMPTON LANE
    QUINCY,IL62305
    MICHAEL GRAHAM TREASURER
    0.50     		0 0 0
    665 S WALNUT
    PITTSFIELD,IL62363
    RICHARD CRAIG RUSH DIRECTOR
    0.50     		1,000 0 0
    23242 HWY 100
    PITTSFIELD,IL62363
    ROBIN CALLENDER DIRECTOR
    0.50     		1,000 0 0
    435 VALLEY VIEW
    PITTSFIELD,IL62363
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,932,708
    b
    Average of monthly cash balances.......................
    1b
    116,866
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,049,574
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,049,574
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    30,744
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,018,830
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    100,942
    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
    100,942
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,384
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,384
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    98,558
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    98,558
    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
    98,558
    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
    199,925
    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
    199,925
    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
    199,925
    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 98,558
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 36,673
    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$ 199,925
    a Applied to 2019, but not more than line 2a 36,673
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 98,558
    e Remaining amount distributed out of corpus 64,694
    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 64,694
    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 ..........     		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) .......     		 
    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 ......     		64,694
    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.... 64,694
    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 e-mail address of the person to whom applications should be addressed:
    CAROLL KENDALL
    234 S MONROE ST
    234 S MONROE ST
    PITTSFIELD,IL62363
    (217) 285-4202
    KAS@ADAMS.NET
    bThe form in which applications should be submitted and information and materials they should include:
    STUDENT SUBMITS APPLICATION FOR AID SENDING TO THE SCHOOL GUIDANCE COUNSELOR. THE APPLICATIONS ARE FORWARDED TO THE CLASS OF 1954 SCHOLARSHIP FUND FOR THERE REVIEW AND ACCEPTANCE. THE BOARD OF DIRECTORS VOTE ON GRANTS AND AWARDS EACH YEAR.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    STUDENTS ARE SELECTED EACH YEAR TO RECEIVE GRANTS WHICH IS PAID TO COLLEGE OF ENROLLMENT FOR A PERIOD OF FOUR YEARS. BOARD CAN VOTE TO GIVE OTHER CHARITIES GRANTS GOAL IS EDUCATION.
    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
    BLESSING-RIEMAN SCHOOL OF NURSING
    BLESSING-RIEMAN SCHOOL OF NURSING
    PO BOX 7005
    PO BOX 7005
    QUINCY,IL62305     		NONE EXEMPT EDUCATION- REFUND -1,674
    ILLINOIS COLLEGE
    ILLINOIS COLLEGE
    1101 WEST COLLEGE AVE
    1101 WEST COLLEGE AVE
    JACKSONVILLE,IL62650     		NONE EXEMPT EDUCATIONAL 15,000
    JOHN WOOD COMM COLLEGE
    JOHN WOOD COMM COLLEGE
    1301 S 48TH ST
    1301 S 48TH ST
    QUINCY,IL62305     		NONE EXEMPT EDUCATION 21,762
    MONMOUTH COLLEGE
    MONMOUTH COLLEGE
    700 E BROADWAY
    700 E BROADWAY
    MONMOUTH,IL61462     		NONE EXEMPT EDUCATION 3,381
    PIKELAND UNIT SCHOOL DIST 10
    PIKELAND UNIT SCHOOL DIST 10
    512 MADISON ST
    512 MADISON ST
    PITTSFIELD,IL62363     		NONE EXEMPT EDUCATION 111,350
    QUINCY UNIVERSITY
    QUINCY UNIVERSITY
    1800 COLLEGE AVE
    1800 COLLEGE AVE
    QUINCY,IL62301     		NONE EXEMPT EDUCATION 3,500
    ROOSEVELT UNIVERSITY
    ROOSEVELT UNIVERSITY
    430 S MICHIGAN AVE
    430 S MICHIGAN AVE
    CHICAGO,IL60605     		NONE EXEMPT EDUCATION 5,000
    SIU - EDWARDSVILLE
    SIU - EDWARDSVILLE
    2308 RENDELMAN HALL
    2308 RENDELMAN HALL
    EDWARDSVILLE,IL62026     		NONE EXEMPT EDUCATION 5,000
    TRUMAN STATE UNIVERSITY
    TRUMAN STATE UNIVERSITY
    100 E NORMAL AVE
    100 E NORMAL AVE
    KIRKSVILLE,MO63501     		NONE EXEMPT EDUCATION 6,000
    UNIVERSITY OF ILLINOIS
    UNIVERSITY OF ILLINOIS
    901 WEST ILLINOIS ST
    901 WEST ILLINOIS ST
    URBANA,IL61801     		NONE EXEMPT EDUCATION 5,000
    MADISON MOORE
    1800 COLLEGE AVE
    1800 COLLEGE AVE
    QUINCY,IL62301     		NONE INDIVIDUAL EDUCATION 1,250
    BRADLEY UNIVERSITY
    BRADLEY UNIVERSITY
    837 NORTH DURYEA
    837 NORTH DURYEA
    PEORIA,IL61625     		NONE EXEMPT EDUCATION 10,000
    GEM CITY COLLEGE
    GEM CITY COLLEGE
    700 STATE ST
    700 STATE ST
    QUINCY,IL62301     		NONE EXEMPT EDUCATION 5,000
    SOUTHWEST BAPTIST
    SOUTHWEST BAPTIST
    1600 UNIVERSITY AVE
    1600 UNIVERSITY AVE
    BOLIVAR,MO65613     		NONE EXEMPT EDUCATION 1,000
    NATIONAL LOUIS UNIVERSITY
    NATIONAL LOUIS UNIVERSITY
    451 NORTH LA SALLE
    451 NORTH LA SALLE
    CHICAGO,IL60603     		NONE EXEMPT EDUCATION 3,000
    EASTERN IL UNIVERSITY
    EASTERN IL UNIVERSITY
    600 LINCOLN AVE
    600 LINCLN AVE
    CHARLESTON,IL61920     		NONE EXEMPT EDUCATION 2,356
    HANNIBAL LAGRANGE
    HANNIBAL LAGRANGE
    2800 PALMYRA RD
    2800 PALMYRA RD
    HANNIBAL,MO63401     		NONE EXEMPT EDUCATION 3,000
    Total .................................bullet 3a 199,925
    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 35,974  
    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 ............     		    18 154,180  
    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)..   190,154  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    190,154
    (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
    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
    PITTSFIELD HIGH SCHOOL CLASS OF
    1954 SCHOLARSHIP FUND INC
    Employer identification number

    37-1178599
    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
    PITTSFIELD HIGH SCHOOL CLASS OF
    1954 SCHOLARSHIP FUND INC         		Employer identification number
    37-1178599
    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
    ROBERT GRAMMER
    350 CENTRAL AVE UNIT 209
     
    SOUTH LAKE, TX76092

    		$ 200,000


    (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
    PITTSFIELD HIGH SCHOOL CLASS OF
    1954 SCHOLARSHIP FUND INC         		Employer identification number

    37-1178599
    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
    PITTSFIELD HIGH SCHOOL CLASS OF
    1954 SCHOLARSHIP FUND INC         		Employer identification number

    37-1178599
    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:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    PITTSFIELD HIGH SCHOOL CLASS OF
     
    1954 SCHOLARSHIP FUND INC
    EIN:
    37-1178599
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 3,975      

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    PITTSFIELD HIGH SCHOOL CLASS OF
     
    1954 SCHOLARSHIP FUND INC
    EIN:
    37-1178599
    Name of Bond End of Year Book Value End of Year Fair Market Value
    10 COCA COLA REFRESHMENTS    
    FORD MOTOR CO NOTE    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    PITTSFIELD HIGH SCHOOL CLASS OF
     
    1954 SCHOLARSHIP FUND INC
    EIN:
    37-1178599
    Name of Stock End of Year Book Value End of Year Fair Market Value
    400 AMEREN    
    8 ADIENT    
    100 FMC    
    50 HOWMET AEROSPACE    
    50 IBM    
    100 DEERE CO    
    93 LIVENT CORP    
    243 INVESCO QQQ TR 42,262 86,126
    1500 INVESCO DYNAMIC CR    
    83 JOHNSON CONTROLS INT PLC    
    50 LOCKHEED MARTIN    
    50 PROCTOR & GAMBLE    
    100 WELLS FARGO & CO    
    1100 WESTERN UNION CO    
    263 ISHARES TRUST IVV 79,227 113,069
    871 ISHARES TRUST MSCI EMG EEM 44,204 48,036
    470 ISHARES IVW    
    1072 ISHARES S & P 500 IVW 44,360 77,967
    609 ISHARES TRSUT MSC EAFE EFA 43,781 48,038
    231 ISHARES TRUST RUS 1000 IWB 39,331 55,920
    151 SPDR DOW JONES DIA 43,031 52,087
    539 SPDR SERIES TRUST XOP 46,146 52,116
    274 VANGUARD S & P 500 VOO 84,103 107,824
    221 VANGUARD MID CAP VO 43,453 52,454
    1046 VANGUARD VALUE VTV 131,619 143,783
    244 VANGUARD SMALL CP 43,569 54,968
    461 VANGUARD TOTAL STK MKET VTI 87,295 102,720
    301 ISHARES NASDAQ IBB    
    236 ISHARES TRUST RUS    
    474090 FEDERATED HERMES TR    
    136 ISHARES IWF    
    337 SECLECT SECTOR SPDR    
    147 ISHARES IWP    
    199 SPDR CONS STPLS XLP    
    189 SELECT SECTOR SPDR    
    114 SELECT SECTOR SPDRD-SLE    
    665 SELECT SECTOR SPDR SLK    
    404 SELECT SECTOR SPDR TRUST SLC    
    431 SPDR S & P 500 SPY    
    156 ABBVIE 12,841 17,572
    216 ALTRIA GROUP 8,954 10,299
    366 AT&T INC    
    389 AT&T INC 11,204 11,195
    256 CAMPBELL SOUP    
    67 CHEVRON CORP 6,026 7,017
    213 CISCO    
    220 COMERICA IN 9,325 15,695
    147 EASTMAN CHEMICAL 11,770 17,162
    111 EXTRA SPACE STORAGE 14,157 18,184
    225 EXXON MOBIL CORP 12,577 14,193
    333 FIFTH THIRD BANCORP 13,725 12,730
    500 FRANKLIN RESOURCES INC 12,263 15,995
    282 HOLLYFRONTIER CORP 8,400 9,278
    205 GENERAL MILLS    
    158 GILEAD SCIENCES    
    62 HOME DEPOT    
    52 HOME DEPOT 9,962 16,582
    508 HP INCORPORATION 6,988 15,336
    70 INTERNATIONAL BUS MACH    
    44 JOHNSON & JOHNSON    
    693 KEYCORP 8,670 14,310
    97 KIMBERLY CLARK CORP    
    712 KINDER MORGAN INC 12,493 12,980
    37 LOCKHEED MARTIN    
    1256 LUMEN TECHNOLOGIES 14,344 17,069
    154 LYONDELLBASELL INDUSTRIES 11,812 15,842
    345 MARATHON PETROLEUM CORP    
    98 MERCK & CO    
    227 NETAPP INC    
    256 ONEOK INC 11,496 14,244
    178 PAYCHEX    
    101 PEPSICO INC    
    644 PEOPLES UNITED FINANCIAL 8,613 11,038
    335 PFIZER INC    
    135 PHILIP MORRIS INTL 11,101 13,380
    146 QUALCOMM INC    
    175 REPUBLIC SERVICES    
    188 SEAGATE TECHNOLOGIES    
    191 SEAGATE TECH 9,131 16,795
    107 UNITED PARCEL SERVICE    
    90 UNITED PARCEL SERVICE 8,339 18,717
    326 UNUM GROUP 7,295 9,258
    200 VALERO ENGERGY CORP    
    367 WELLS FARGO & CO    
    182 VERIZON COMM 10,999 10,197
    570 ISHARES TRUST EEM 25,021 31,435
    392 ISHARES TRUST SMSCI EFA 27,365 30,921
    538 ISHARES TRUST RUS MDCP 46,499 61,859
    526 ISHARES TRUST RUS MD 38,581 59,543
    373 ISHARES TRUST 1000 GRW ETF 46,408 59,165
    205 ISHARES TRUST IWF 34,371 55,653
    382 ISHARES TRUST IWN 47,538 63,324
    283 ISHARES TRUST RUSSELL 2000 IWM 46,408 64,912
    280 ISHARES TRUST SBI MATERIALS XLB 20,092 23,047
    293 SELECT TRUST SBI HEALTHCARE XLV 27,676 36,903
    189 SLECT TR SBI CONS DISC XLY 21,020 33,746
    647 SELECT SECTOR SPDR ENGERGY XLE 26,952 34,854
    1592 SELECT SECTOR SPDR TR XLF 50,157 58,410
    387 SELECT SECTPR SPDR TR XLI 32,366 39,639
    767 SELECT SECTOR SPDR XLK 57,646 113,255
    596 SELECT SECTOR XLC 36,971 48,258
    576 VANGUARD EFSE VWO 25,107 31,282
    476 VANGUARD VGK 27,275 32,016

    TY 2020 OtherAssetsSchedule
    Name:
    PITTSFIELD HIGH SCHOOL CLASS OF
     
    1954 SCHOLARSHIP FUND INC
    EIN:
    37-1178599
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    TO BALANCE 6 5 5


    TY 2020 OtherExpensesSchedule
    Name:
    PITTSFIELD HIGH SCHOOL CLASS OF
     
    1954 SCHOLARSHIP FUND INC
    EIN:
    37-1178599
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    OFFICE COSTS 37      


    TY 2020 OtherIncreasesSchedule
    Name:
    PITTSFIELD HIGH SCHOOL CLASS OF
     
    1954 SCHOLARSHIP FUND INC
    EIN:
    37-1178599
    Description Amount
    TO BALANCE 1


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    PITTSFIELD HIGH SCHOOL CLASS OF
     
    1954 SCHOLARSHIP FUND INC
    EIN:
    37-1178599
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FINANCIAL ADVISOR FEES 18,646 18,646    


    TY 2020 SubstantialContributorsSch
    Name:
    PITTSFIELD HIGH SCHOOL CLASS OF
     
    1954 SCHOLARSHIP FUND INC
    EIN:
    37-1178599
    Name Address
    ROBERT GRAMMER 350 CENTRAL AVE UNIT 209
    350 CENTRAL AVE UNIT 209
    SOUTH LAKE,TX76092


    TY 2020 TaxesSchedule
    Name:
    PITTSFIELD HIGH SCHOOL CLASS OF
     
    1954 SCHOLARSHIP FUND INC
    EIN:
    37-1178599
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ILLINOIS CHARITABLE TRUST 17 17