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
Franklin P and Arthur W Perdue
Foundation Inc
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

52-6054332
B Telephone number (see instructions)

(800) 839-1754
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$64,822,949
J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 4,078 4,078  
4 Dividends and interest from securities... 1,156,679 1,156,679  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,291,518
b Gross sales price for all assets on line 6a 6,115,031
7 Capital gain net income (from Part IV, line 2)... 2,291,518
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........ 3,452,275 3,452,275  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages...... 68,116     68,116
15 Pension plans, employee benefits....... 5,211     5,211
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 16,422 12,922   3,500
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 24,500      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 354     354
22 Printing and publications.......... 391     391
23 Other expenses (attach schedule)....... 83,131     83,131
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 198,125 12,922   160,703
25 Contributions, gifts, grants paid....... 3,060,011 3,052,957
26 Total expenses and disbursements. Add lines 24 and 25 3,258,136 12,922   3,213,660
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 194,139
b Net investment income (if negative, enter -0-) 3,439,353
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.............      
2 Savings and temporary cash investments......... 166,297 837,240 837,240
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)....... 47,678,275 Click to see attachment47,276,471 63,730,795
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 284,989 Click to see attachment284,989 254,914
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) 48,129,561 48,398,700 64,822,949
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 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    
28 Retained earnings, accumulated income, endowment, or other funds 48,129,561 48,398,700
29 Total net assets or fund balances (see instructions)..... 48,129,561 48,398,700
30 Total liabilities and net assets/fund balances (see instructions). 48,129,561 48,398,700
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
48,129,561
2
Enter amount from Part I, line 27a .....................
2
194,139
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
75,000
4
Add lines 1, 2, and 3 ..........................
4
48,398,700
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
48,398,700
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 Publicly-traded Securities      
b
c
d
e
(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 6,115,031   3,823,513 2,291,518
b
c
d
e
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       2,291,518
b
c
d
e
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 2,291,518
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 47,807
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 47,807
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 47,807
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 40,184
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 7,623
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 47,807
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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  
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)
    bulletMD
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
     
    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
     
    No
    .........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
    Brenda Galgano Dir, Sec, Treas
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Anne P Oliviero Dir
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Andrea Nicholas Perdue Dir
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Chris Perdue Dir
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    James A Perdue Dir, Pres
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
    KIM R NECHAY FOUNDATION REP
    20.0
    68,116    
    31149 OLD OCEAN CITY ROAD
    SALISBURY,MD21804
    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
    Foundation Source Administrative 80,000
    55 Walls Drive 3rd Fl
    Fairfield,CT06824
    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
    56,766,803
    b
    Average of monthly cash balances.......................
    1b
    570,169
    c
    Fair market value of all other assets (see instructions)................
    1c
    254,914
    d
    Total (add lines 1a, b, and c).........................
    1d
    57,591,886
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    57,591,886
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    863,878
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    56,728,008
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,836,400
    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
    2,836,400
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    47,807
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    47,807
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,788,593
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    75,000
    5
    Add lines 3 and 4............................
    5
    2,863,593
    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
    2,863,593
    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
    3,213,660
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    7,056
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,220,716
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,220,716
    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 2,863,593
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018...... 185,999
    e From 2019...... 240,455
    fTotal of lines 3a through e........ 426,454
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 3,220,716
    a Applied to 2019, but not more than line 2a  
    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..... 2,863,593
    e Remaining amount distributed out of corpus 357,123
    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 5 783,577
    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 ......
    783,577
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018.... 185,999
    d Excess from 2019.... 240,455
    e Excess from 2020.... 357,123
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    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:
    Foundation Source
    501 Silverside Rd
    Wilmington,DE198091377
    premiersupport@foundationsource.com
    bThe form in which applications should be submitted and information and materials they should include:
    https://corporate.perduefarms.com/company/foundation/
    cAny submission deadlines:
    https://corporate.perduefarms.com/company/foundation/
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    https://corporate.perduefarms.com/company/foundation/
    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
    ACTION FOR AIDAN
    18 PATRIOTS RD
    STRATHAM,NH03885
    N/A PC General & Unrestricted 400
    ALBEMARLE AREA UNITED WAY
    PO BOX 293
    ELIZABETH CITY,NC27907
    N/A PC Bertie Relief Fund 10,000
    ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIAT
    PO BOX 96011
    WASHINGTON,DC20090
    N/A PC General & Unrestricted 5,000
    AMERICAN CANCER SOCIETY
    4416 EXPY DR
    VIRGINIA BEACH,VA23452
    N/A PC General & Unrestricted 10,000
    AMERICAS SECOND HARVEST OF COASTAL GEORGIA INC
    2501 E PRESIDENT ST
    SAVANNAH,GA31404
    N/A PC COVID-19 Relief Project 10,000
    AMERICAS VETDOGS THE VETERANS K9 CORPS INC
    371 E JERICHO TPKE
    SMITHTOWN,NY11787
    N/A PC General & Unrestricted 6,611
    APPALACHIAN HABITAT ASSOCIATION
    484 WATERLOO DR
    LEXINGTON,VA24450
    N/A PC Scholarships fund and Habitat Work 8,000
    ART 180 INC
    114 W MARSHALL ST
    RICHMOND,VA23220
    N/A PC General & Unrestricted 1,000
    ART FOR THE JOURNEY
    111 WILLOW OAKS RD
    RICHMOND,VA23238
    N/A PC General & Unrestricted 20,000
    ASK CHILDHOOD CANCER FOUNDATION
    5211 W BROAD ST
    RICHMOND,VA23230
    N/A PC General & Unrestricted 8,000
    ASK CHILDHOOD CANCER FOUNDATION
    5211 W BROAD ST
    RICHMOND,VA23230
    N/A PC Holiday Shopping for Cancer Patients and Families 5,333
    ASK CHILDHOOD CANCER FOUNDATION
    5211 W BROAD ST
    RICHMOND,VA23230
    N/A PC Holiday Shopping for Cancer Patients and Families 5,333
    ATLANTIC GENERAL HOSPITAL
    9733 HEALTHWAY DR
    BERLIN,MD21811
    N/A PC General & Unrestricted 5,000
    BEREAN CALL
    910 SE WILSON AVE STE B2
    BEND,OR97702
    N/A PC General & Unrestricted 2,000
    BERTIE COUNTY CENTER ON AGING
    103 W SCHOOL ST
    WINDSOR,NC27983
    N/A GOV COVID-19 Response of Your Organization and Recovery After the Crisis Resolves 2,500
    BLUE RIDGE AREA FOOD BANK INC
    PO BOX 937
    VERONA,VA24482
    N/A PC School Pantry Expansion 100,000
    BON SECOURS RICHMOND HEALTH CARE FOUNDATION
    8580 MAGELLAN PKWY BLDG IV
    RICHMOND,VA23227
    N/A PC the Children's Hope program 2,000
    BOYS & GIRLS CLUBS OF METRO RICHMOND
    5511 STAPLES MILL RD STE 301
    RICHMOND,VA23228
    N/A PC Capital Campaign 15,000
    BOYS & GIRLS CLUBS OF SOUTHERN MAINE
    277 CUMBERLAND AVE
    PORTLAND,ME04101
    N/A PC Annual Fund 5,000
    BOYS AND GIRLS CLUBS OF SKAGIT COUNTY
    PO BOX 947
    MOUNT VERNON,WA98273
    N/A PC Healthy Lifestyles Make Great Futures program 10,000
    BREAD MINISTRIES INC
    1806 SE CROSS AVE
    ARCADIA,FL34266
    N/A PC General & Unrestricted 10,000
    BRIDGEWATER COLLEGE
    402 E COLLEGE ST
    BRIDGEWATER,VA22812
    N/A PC Beverly Perdue Art Gallery 50,000
    CAPE ELIZABETH LAND TRUST INC
    330 OCEAN HOUSE RD
    CAPE ELIZ,ME04107
    N/A PC Forever Cape campaign 20,000
    CATO INSTITUTE
    1000 MASSACHUSETTS AVE NW
    WASHINGTON,DC20001
    N/A PC General & Unrestricted 2,750
    CHARITY UNITED METHODIST CHURCH
    4080 CHARITY NECK RD
    VIRGINIA BEACH,VA23457
    N/A PC General & Unrestricted 500
    CHESAPEAKE HOUSING MISSION
    PO BOX 1061
    SALISBURY,MD21802
    N/A PC General & Unrestricted 1,000
    CHESAPEAKE HOUSING MISSION
    PO BOX 1061
    SALISBURY,MD21802
    N/A PC Critical Home Repairs Project 10,000
    CHESTERFIELD-COLONIAL HEIGHTS CHRISTMAS MOTHER INC
    PO BOX 2500
    CHESTERFIELD,VA23832
    N/A PC General & Unrestricted 2,000
    CHILDSAVERS-MEMORIAL CHILD GUIDANCE CLINIC
    200 N 22ND ST
    RICHMOND,VA23223
    N/A PC General & Unrestricted 3,000
    CHRISTIAN BROADCASTING NETWORK INC
    977 CENTERVILLE TPKE
    VIRGINIA BCH,VA23463
    N/A PC Orphan's Promise 5,000
    CHRISTIAN SHELTER INC
    334 BARCLAY ST
    SALISBURY,MD21804
    N/A PC funds for Kitchen & Dining Room area Floor Repairs 15,000
    CHRISTIAN SHELTER INC
    334 BARCLAY ST
    SALISBURY,MD21804
    N/A PC funds for Kitchen Flooring Repairs 3,500
    CHRISTIAN SHELTER INC
    334 BARCLAY ST
    SALISBURY,MD21804
    N/A PC funds for Roof Repairs 50,000
    COASTAL HOSPICE INC
    PO BOX 1733
    SALISBURY,MD21802
    N/A PC General & Unrestricted 1,500
    COLONIAL WILLIAMSBURG FOUNDATION
    PO BOX 1776
    WILLIAMSBURG,VA23187
    N/A PC General & Unrestricted 5,000
    COMMUNITY FOUNDATION OF THE EASTERN SHORE INC
    1324 BELMONT AVE STE 401
    SALISBURY,MD21804
    N/A PC General & Unrestricted 4,000
    COMMUNITY FOUNDATION OF THE EASTERN SHORE INC
    1324 BELMONT AVE STE 401
    SALISBURY,MD21804
    N/A PC COVID-19 Emergency Response Fund 20,000
    COMMUNITY FOUNDATION OF THE EASTERN SHORE INC
    1324 BELMONT AVE STE 401
    SALISBURY,MD21804
    N/A PC DiNardo Foundation 5,000
    CONNECTICUT FOOD BANK INC
    2 RESEARCH PKWY
    WALLINGFORD,CT06492
    N/A PC General & Unrestricted 20,000
    CONNORS HEROES FOUNDATION
    PO BOX 2536
    MIDLOTHIAN,VA23113
    N/A PC General & Unrestricted 5,000
    CREATIVE VISIONS FOUNDATION
    18820 PACIFIC COAST HWY STE 201
    MALIBU,CA90265
    N/A PC General & Unrestricted 5,000
    DELAWARE SPECIAL OLYMPICS INC
    619 S COLLEGE AVE
    NEWARK,DE19716
    N/A PC Delaware's Leg of the Truck Convoy to benefit Special Olympics 5,000
    DIAKONIA INC
    12747 OLD BRIDGE RD
    OCEAN CITY,MD21842
    N/A PC General & Unrestricted 1,000
    J Repalbor
    DICKINSON COLLEGE
    PO BOX 1773
    CARLISLE,PA17013
    NONE I Scholarship GRANT 5,000
    DREAM CATCHERS
    10120 FIRE TOWER RD
    TOANO,VA23168
    N/A PC General & Unrestricted 3,000
    M Agapito
    EASTERN UNIVERSITY
    1300 EAGLE RD
    ST DAVIDS,PA19087
    NONE I SCHOLARSHIP GRANT 5,000
    L Roser
    ELON UNIVERSITY
    2600 CAMPUS BOX
    ELON,NC27244
    NONE I Scholarship GRANT 5,000
    EMBRACE CARVER ELEMENTARY FOUNDATION
    1110 W LEIGH ST
    RICHMOND,VA23220
    N/A PC General & Unrestricted 10,000
    FAMILY LIFE SERVICES OF WASHINGTON INC
    PO BOX 589
    WASHINGTON,IN47501
    N/A PC support of the Center's baby supplies during the COVID-19 Crisis 2,500
    FARM OF HOPE INC
    201 TRAIL RD
    HERSHEY,PA17033
    N/A PC Pathways to Pasture 2,500
    FEEDMORE INC
    1415 RHOADMILLER ST
    RICHMOND,VA23220
    N/A PC General & Unrestricted 24,000
    FEEDMORE INC
    1415 RHOADMILLER ST
    RICHMOND,VA23220
    N/A PC Feedmore Kids Care Program of Central Virginia 10,000
    FEEDMORE INC
    1415 RHOADMILLER ST
    RICHMOND,VA23220
    N/A PC funds for a New Refrigerated Trailer 100,000
    FOOD BANK OF CENTRAL & EASTERN NORTH CAROLINA INC
    1924 CAPITAL BLVD
    RALEIGH,NC27604
    N/A PC funds to purchase a Refrigerated Box Truck at Sandhills Branch 100,000
    FOOD BANK OF DELAWARE INC
    222 LAKE DR
    NEWARK,DE19702
    N/A PC Clean Room Project 100,000
    FOOD BANK OF THE ALBEMARLE
    PO BOX 1704
    ELIZABETH CTY,NC27906
    N/A PC funds for a New Refrigerated Trailer 100,000
    FOODBANK OF SOUTHEASTERN VIRGINIA
    800 TIDEWATER DR
    NORFOLK,VA23504
    N/A PC Freezer Space Expansion - Eastern Shore Branch 100,000
    FOODBANK OF SOUTHEASTERN VIRGINIA
    800 TIDEWATER DR
    NORFOLK,VA23504
    N/A PC Strike Out Hunger - Eastern Shore (Onley) Location 5,000
    FRONTLINE MINISTRIES INC
    2025 CEDAR SPRINGS RD
    BLYTHEWOOD,SC29016
    N/A PC K-12 Christian Education and Home Schooling 25,000
    FULL CIRCLE GRIEF CENTER
    10611 PATTERSON AVE
    HENRICO,VA23238
    N/A PC General & Unrestricted 4,950
    GIRL SCOUT COMMONWEALTH COUNCIL OF VIRGINIA INC
    4900 AUGUSTA AVE STE 200
    RICHMOND,VA23230
    N/A PC General & Unrestricted 2,000
    GOOD SHEPHERD EDUCATIONAL FOUNDATION
    921 BASHFORD LN
    ALEXANDRIA,VA22314
    N/A PC Desks and Solar Panels 17,500
    GOOD SHEPHERD FOOD BANK
    3121 HOTEL RD
    AUBURN,ME04210
    N/A PC General & Unrestricted 1,500
    GREATER BERKS FOOD BANK
    117 MORGAN DR
    READING,PA19608
    N/A PC COVID-19 Relief Efforts - Equipment Purchases 9,300
    GSC FOUNDATION INC
    200 W MAIN ST
    SALISBURY,MD21801
    N/A PC CommUNITY Public Art 750
    GULF OF MAINE RESEARCH INSTITUTE
    350 COMMERCIAL ST
    PORTLAND,ME04101
    N/A PC GMRI Science Literacy for Cumberland County Fund 100,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    908 W ISABELLA ST
    SALISBURY,MD21801
    N/A PC General & Unrestricted 22,000
    HEIFER INTERNATIONAL FOUNDATION
    1 WORLD AVE
    LITTLE ROCK,AR72202
    N/A PC General & Unrestricted 7,888
    HELPING HANDS FOOD BANK OF SEDRO WOOLLEY
    PO BOX 632
    SEDRO WOOLLEY,WA98284
    N/A PC fighting hunger during the COVID-19 Crisis 2,500
    HENRICO EDUCATION FOUNDATION INCORPORATED
    PO BOX 314
    HENRICO,VA23075
    N/A PC Holladay Elementary School - Tower Garden 1,050
    HILLSIDE LEARNING CENTER
    7415 LOOKOUT RD
    LONGMONT,CO80503
    N/A PC Campaign 50,000
    HOPE AND LIFE OUTREACH INC
    701 SNOW HILL RD
    SALISBURY,MD21804
    N/A PC Building a Foundation of Hope program 25,000
    HORIZONS SALISBURY INC
    225 N DIVISION ST STE 5
    SALISBURY,MD21801
    N/A PC General & Unrestricted 2,500
    INTEGRATED REFUGEE & IMMIGRANT SERVICES INC
    235 NICOLL ST FL 2
    NEW HAVEN,CT06511
    N/A PC General & Unrestricted 27,683
    INTERCESSORS FOR AMERICA INC
    192 N 21ST ST PO BOX 915
    PURCELLVILLE,VA20132
    N/A PC General & Unrestricted 2,000
    JOSHUA M FREEMAN FOUNDATION
    31255 AMERICANA PKWY
    SELBYVILLE,DE19975
    N/A PC 2021 Stage Program Sponsorship and youth programming 10,000
    JOSHUA M FREEMAN FOUNDATION
    31255 AMERICANA PKWY
    SELBYVILLE,DE19975
    N/A PC 2021 Season Sponsorship for Children's Programming 3,000
    JUNIOR ACHIEVEMENT OF THE EASTERN SHORE
    327 TILGHMAN RD 100
    SALISBURY,MD21804
    N/A PC General & Unrestricted 23,000
    JUNIOR ACHIEVEMENT OF THE EASTERN SHORE
    327 TILGHMAN RD 100
    SALISBURY,MD21804
    N/A PC JA Inspire (Pilot Program for 2019 and 2020) 5,000
    JUST1MIKE
    PO BOX 276
    CLARENDON HLS,IL60514
    N/A PC General & Unrestricted 10,000
    LEADERSHIP DELAWARE INC
    100 S ROCKLAND FALLS RD
    ROCKLAND,DE19732
    N/A PC General & Unrestricted 2,500
    LITTLE SISTERS OF JESUS AND MARY INC
    PO BOX 1755
    SALISBURY,MD21802
    N/A PC The Joseph House - Financial Assistance for Families in Crisis 6,000
    M4K RICHMOND INC
    1201 SYCAMORE SQ DR UNIT 882
    MIDLOTHIAN,VA23113
    N/A PC Charitable Event 5,000
    MAC INCORPORATED
    909 PROGRESS CIR STE 100
    SALISBURY,MD21804
    N/A PC General & Unrestricted 2,000
    MAGI-FUND INC
    1210 ORCHARD CIR
    SALISBURY,MD21801
    N/A PC General & Unrestricted 1,500
    MAIN STREET GYM INC
    PO BOX 3178
    SALISBURY,MD21802
    N/A PC Operations, Equipment and Tutoring Program 50,000
    MAINE COLLEGE OF ART
    522 CONGRESS ST
    PORTLAND,ME04101
    N/A PC Scholarship fund 5,000
    MAINE JEWISH FILM FESTIVAL
    PO BOX 7465
    PORTLAND,ME04112
    N/A PC General & Unrestricted 3,000
    MAKE-A-WISH FOUNDATION OF AMERICA
    1702 E HIGHLAND AVE STE 400
    PHOENIX,AZ85016
    N/A PC General & Unrestricted 20,000
    MAN 2 MAN FATHERHOOD INITIATIVE OF MARLBORO COUNTY
    1321 W EVANS ST
    FLORENCE,SC29501
    N/A PC Pathways to Employment 25,000
    MANCHESTER BOYS AND GIRLS CLUB
    555 UNION ST
    MANCHESTER,NH03104
    N/A PC General & Unrestricted 2,000
    MARYLAND FOOD BANK INC
    2200 HALETHORPE FARMS RD
    BALTIMORE,MD21227
    N/A PC New Mobile Pantry/Market 100,000
    MEDICAL COLLEGE OF VIRGINIA FOUNDATION
    PO BOX 980234
    RICHMOND,VA23298
    N/A PC Massey Cancer Center 8,000
    MEDICAL COLLEGE OF VIRGINIA FOUNDATION
    PO BOX 980234
    RICHMOND,VA23298
    N/A PC Massey Cancer Center - Street of Hope 8,000
    MEDICAL HOME PLUS INC
    8719 FOREST HILL AVE
    N CHESTERFLD,VA23235
    N/A PC General & Unrestricted 2,000
    MERCY CENTER FOUNDATION USA INC
    1500 35TH ST NW
    WASHINGTON,DC20007
    N/A PC General & Unrestricted 2,000
    A TAYLOR
    MEREDITH COLLEGE
    3800 HILLSBOROUGH ST
    RALEIGH,NC27607
    none I Scholarship Grant 5,000
    MID-ATLANTIC DISTRICT OF THE CHRISTIAN AND MISSION
    292 MONTEVUE LN
    FREDERICK,MD21702
    N/A PC Overflow Cafe matching grant 15,000
    MID-SHORE COMMUNITY FOUNDATION INC
    102 E DOVER ST
    EASTON,MD21601
    N/A PC Neck District Volunteer Fire Department 10,000
    MIDDLE GEORGIA COMMUNITY FOOD BANK INC
    4490 OCMULGEE E BLVD
    MACON,GA31217
    N/A PC funds for a New Refrigerated Trailer 100,000
    MIDLOTHIAN HIGH SCHOOL PTSO
    401 CHARTER COLONY PKWY
    MIDLOTHIAN,VA23114
    N/A PC Sign Drive program 3,500
    MIDLOTHIAN HIGH SCHOOL TROJANETTE
    401 CHARTER COLONY PKWY
    MIDLOTHIAN,VA23114
    N/A PC General & Unrestricted 6,000
    MILFORD DISTRICT FREE PUBLIC LIBRARY COMMISSION
    11 SE FRONT ST
    MILFORD,DE19963
    N/A GOV 1,000 Books Before Kindergarten program 1,000
    MILTON COMMUNITY FOOD PANTRY
    PO BOX 84
    MILTON,DE19968
    N/A PC Operating Support during the COVID-19 Crisis 2,500
    MONHEGAN HISTORICAL & CULTURAL MUSEUM ASSOCIATION
    1 LIGHTHOUSE HILL
    MONHEGAN,ME04852
    N/A PC General & Unrestricted 5,000
    A Nechay
    MONMOUTH UNIVERSITY INC
    400 CEDAR AVE
    W LONG BRANCH,NJ07764
    NONE I Scholarship GRANT 5,000
    NATURE CONSERVANCY
    4245 N FAIRFAX DR STE 100
    ARLINGTON,VA22203
    N/A PC Projects in Virginia 5,000
    NIMAN RANCH NEXT GENERATION FOUNDATION
    31149 OLD OCEAN CITY RD
    SALISBURY,MD21804
    N/A PC to support Firefighters 1,500
    H Riddick
    NORTH CAROLINA STATE UNIVERSITY
    2016 HARRIS HALL BOX 7302
    RALEIGH,NC27695
    NONE I Scholarship Grant 5,000
    N Vue
    NORTH CAROLINA STATE UNIVERSITY
    2016 HARRIS HALL BOX 7302
    RALEIGH,NC27695
    NONE I Scholarship Grant 5,000
    OCEAN CITY VOLUNTEER FIRE CO INC
    1409 PHILADELPHIA AVE
    OCEAN CITY,MD21842
    N/A PC General & Unrestricted 700
    OLYMPIA SNOWE WOMENS LEADERSHIP INSTITUTE
    1 CANAL PLZ STE 501
    PORTLAND,ME04101
    N/A PC General & Unrestricted 5,000
    OPERA MAINE
    PO BOX 7733
    PORTLAND,ME04112
    N/A PC General & Unrestricted 5,000
    OPERATION BLESSING INTERNATIONAL RELIEF & DEVELOPM
    977 CENTERVILLE TPKE
    VIRGINIA BCH,VA23463
    N/A PC for the recovery in lower Louisiana from Hurricane Delta 20,000
    OPERATION WE CARE INC
    829 E WILLIAM ST
    SALISBURY,MD21804
    N/A PC General & Unrestricted 20,000
    OYSTER RECOVERY PARTNERSHIP INC
    PO BOX 6775
    ANNAPOLIS,MD21401
    N/A PC Charitable Event 15,000
    PARKSLEY VOLUNTEER FIRE DEPARTMENT INC
    PO BOX 14
    PARKSLEY,VA23421
    N/A PC funds for a New Replacement Tanker 40,000
    PARSONSBURG FIRE CO INC
    PO BOX 208
    PARSONSBURG,MD21849
    N/A PC Active Assailant(s) and Heightened Threat Environments program 10,000
    PARTNERS FOR WORLD HEALTH
    40 WALCH DR
    PORTLAND,ME04103
    N/A PC General & Unrestricted 10,000
    PEE DEE COALITION AGAINST DOMESTIC AND SEXUAL ASSA
    PO BOX 1351
    FLORENCE,SC29503
    N/A PC Providing Hope and Safety in Dillon County program 20,000
    PHI MU FOUNDATION
    400 WESTPARK DR
    PEACHTREE CITY,GA30269
    N/A PC General & Unrestricted 1,000
    PHI MU FOUNDATION
    400 WESTPARK DR
    PEACHTREE CITY,GA30269
    N/A PC General Operating Support 500
    PINK AND PEARLS INC
    10537 GLENCOE RD
    GLEN ALLEN,VA23060
    N/A PC General & Unrestricted 5,000
    PORTLAND MUSEUM OF ART
    7 CONGRESS SQ
    PORTLAND,ME04101
    N/A PC for Free Fridays and Art for All 100,000
    POWER PRODUCTIONS MINISTRIES INC
    PO BOX 5140
    SALISBURY,MD21802
    N/A PC For Storage Shed Purchase 21,000
    PREBLE STREET
    38 PREBLE ST 3RD FL
    PORTLAND,ME04101
    N/A PC for the Soup Kitchen, Food Pantry and Teen Center 1,500
    PRESIDENT AND DIRECTORS OF GEORGETOWN COLLEGE FOR
    3300 WHITEHAVEN ST STE 3000
    WASHINGTON,DC20007
    N/A PC Lombardi Cancer Center 30,000
    RACKLIFFE HOUSE TRUST INC
    PO BOX 561
    BERLIN,MD21811
    N/A PC General & Unrestricted 3,000
    RECOVERY RESOURCE CENTER INC
    726 S SALISBURY BLVD STE E
    SALISBURY,MD21801
    N/A PC 12 step addiction recovery programs Project 10,000
    REDWOOD EMPIRE FOOD BANK
    3990 BRICKWAY BLVD
    SANTA ROSA,CA95403
    N/A PC Every Child, Every Day program 10,000
    REDWOOD EMPIRE FOOD BANK
    3990 BRICKWAY BLVD
    SANTA ROSA,CA95403
    N/A PC for a New Barcoding System 100,000
    REGENTS OF THE MERCERSBURG COLLEGE
    100 ACADEMY DR
    MERCERSBURG,PA17236
    N/A PC General & Unrestricted 5,000
    RICHMOND BALLET INC
    407 E CANAL ST
    RICHMOND,VA23219
    N/A PC Nutcracker Fund 500
    RICHMOND MONTESSORI SCHOOL INC
    499 N PARHAM RD
    RICHMOND,VA23229
    N/A PC General & Unrestricted 2,500
    SALISBURY UNIVERSITY FOUNDATION INC
    PO BOX 2655
    SALISBURY,MD21802
    N/A PC Perdue Museum at SU 77,500
    SAMARITANS PURSE
    PO BOX 3000
    BOONE,NC28607
    N/A PC to address the needs of people recovering from the wildfires in Santa Cruz County, CA 20,000
    SECOND HARVEST FOOD BANK OF METROLINA INC
    500 SPRATT ST STE B
    CHARLOTTE,NC28206
    N/A PC Fighting Child Hunger in Cabarrus County 2020-2021 10,000
    SECOND HARVEST FOOD BANK OF METROLINA INC
    500 SPRATT ST STE B
    CHARLOTTE,NC28206
    N/A PC to purchase New Warehouse Equipment (forklifts) 100,000
    SEEDS OF PEACE INC
    370 LEXINGTON AVE STE 1201
    NEW YORK,NY10017
    N/A PC General & Unrestricted 5,000
    SENATOR GEORGE J MITCHELL SCHOLARSHIP RESEARCH INS
    75 WASHINGTON AVE STE 2E
    PORTLAND,ME04101
    N/A PC annual fund for scholarships fund 5,000
    SEVEN ARROWS ELEMENTARY SCHOOL
    15240 LA CRUZ DR
    PACIFIC PLSDS,CA90272
    N/A PC COVID Expense Assistance 57,500
    SEVEN ARROWS INC
    1812 STANFORD ST
    SANTA MONICA,CA90404
    N/A PC Little Dolphins for the Annual Giving Campaign 5,000
    SHALOM FARMS
    1010 W LABURNUM AVE
    RICHMOND,VA23227
    N/A PC General & Unrestricted 7,000
    SKAGIT VALLEY HOSPITALITY HOUSE ASSOCIATION
    PO BOX 517
    MOUNT VERNON,WA98273
    N/A PC Homeless Services during the COVID-19 Crisis 2,500
    SKYLINE LITERACY
    PO BOX 1354
    HARRISONBURG,VA22803
    N/A PC Family Literacy 2,000
    SOCIETY FOR THE PROTECTION OF NEW HAMPSHIRE FOREST
    54 PORTSMOUTH ST
    CONCORD,NH03301
    N/A PC The Merrimack Conservation Partnership 7,183
    SOUTHWEST RADIO CHURCH OF THE AIR
    500 BEACON DR
    OKLAHOMA CITY,OK73127
    N/A PC Digital Imaging Press 30,000
    N Rodriguez
    ST ANDREWS PRESBYTERIAN COLLEGE
    PO BOX 96
    BABSON PARK,FL33827
    NONE I Scholarship grant 5,000
    ST CHRISTOPHERS SCHOOL FOUNDATION
    711 SAINT CHRISTOPHERS RD
    RICHMOND,VA23226
    N/A PC General & Unrestricted 2,500
    ST JUDE CHILDRENS RESEARCH HOSPITAL INC
    501 ST JUDE PL
    MEMPHIS,TN38105
    N/A PC General & Unrestricted 8,000
    STANFORD UNIVERSITY
    PO BOX 20466
    STANFORD,CA94309
    N/A PC General & Unrestricted 20,000
    SUSAN B ANTHONY PROJECT INC
    179 WATER ST
    TORRINGTON,CT06790
    N/A PC General & Unrestricted 15,000
    SUSSEX COMMUNITY CRISIS HOUSING SERVICES INC
    204 E N ST
    GEORGETOWN,DE19947
    N/A PC providing meals to the homeless during COVID 5,000
    SWIM OCEAN CITY INC
    1 GRICE ST
    BERLIN,MD21811
    N/A PC 2020 Coronavirus Help 1,000
    J Hall
    TENNESSEE TECHNOLOGICAL UNIVERSITY
    PO BOX 5076
    COOKEVILLE,TN38505
    none I Scholarship Grant 5,000
    THE BERLIN FIRE CO
    214 N MAIN ST
    BERLIN,MD21811
    N/A PC General & Unrestricted 700
    THE COMMUNITY FOUNDATION INC
    3409 MOORE ST
    RICHMOND,VA23230
    N/A PC The Franklin P. Perdue Fund 15,000
    THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE INC
    3833 CLEGHORN AVE
    NASHVILLE,TN37215
    N/A PC Middle Tennessee Emergency Response Fund 10,000
    THE GRANITE STATE CHILDRENS ALLIANCE
    72 S RIVER RD STE 202
    BEDFORD,NH03110
    N/A PC Hillsborough Child Advocacy Center 5,000
    THE NAVIGATORS
    PO BOX 6000
    COLORADO SPRINGS,CO80904
    N/A PC General & Unrestricted 3,000
    THE NEMOURS FOUNDATION - NEMOURS FUND FOR CHILDREN
    1600 ROCKLAND RD
    WILMINGTON,DE19803
    N/A PC Sussex Telehealth Matching Gift Campaign 10,000
    THE UCLA FOUNDATION
    10889 WILSHIRE BLVD STE 1500
    LOS ANGELES,CA90024
    N/A PC Undocumented Student Scholarship Fund 5,000
    THE UNITED WAY OF GREATER WATERBURY INC
    PO BOX 2688
    WATERBURY,CT06723
    N/A PC General & Unrestricted 30,000
    THOMAS JEFFERSON FOUNDATION INC
    PO BOX 217
    CHARLOTTESVILLE,VA22902
    N/A PC General & Unrestricted 2,500
    TIDALHEALTH PENINSULA REGIONAL INC
    100 E CARROLL ST
    SALISBURY,MD21801
    N/A PC General & Unrestricted 5,000
    TRUSTEES OF DARTMOUTH COLLEGE
    7 LEBANON ST STE 302 6015
    HANOVER,NH03755
    N/A PC General & Unrestricted 7,500
    TRUSTEES OF DARTMOUTH COLLEGE
    7 LEBANON ST STE 302 6015
    HANOVER,NH03755
    N/A PC First generation low income student support program 5,000
    UNITED FUND OF DILLON COUNTY INC
    PO BOX 828
    DILLON,SC29536
    N/A PC General & Unrestricted 1,745
    UNITED WAY INC
    550 FOREST AVE STE 100
    PORTLAND,ME04101
    N/A PC General & Unrestricted 1,000
    UNITED WAY OF CENTRAL GEORGIA INC
    PO BOX 1302
    MACON,GA31202
    N/A PC General & Unrestricted 14,986
    UNITED WAY OF CENTRAL INDIANA INC
    2955 N MERIDIAN ST STE 300
    INDIANAPOLIS,IN46208
    N/A PC General & Unrestricted 670
    UNITED WAY OF DAVIESS COUNTY INC
    200 E VAN TREES ST
    WASHINGTON,IN47501
    N/A PC General & Unrestricted 3,050
    UNITED WAY OF DELAWARE INC
    THE LINDEN BLDG 3RD FL
    WILMINGTON,DE19801
    N/A PC General & Unrestricted 1,561
    UNITED WAY OF HARRISONBURG & ROCKINGHAM COUNTY INC
    100 S MASON ST STE A
    HARRISONBURG,VA22801
    N/A PC General & Unrestricted 1,830
    UNITED WAY OF HOPEWELL PRINCE GEORGE
    PO BOX 394
    HOPEWELL,VA23860
    N/A PC General & Unrestricted 625
    UNITED WAY OF RICHMOND COUNTY INC
    PO BOX 153
    ROCKINGHAM,NC28380
    N/A PC General & Unrestricted 867
    UNITED WAY OF THE LOWER EASTERN SHORE INC
    803 N SALISBURY BLVD STE 2100
    SALISBURY,MD21801
    N/A PC General & Unrestricted 90,076
    UNITED WAY OF THE LOWER EASTERN SHORE INC
    803 N SALISBURY BLVD STE 2100
    SALISBURY,MD21801
    N/A PC COVID-19 Emergency Response Fund 20,000
    UNITED WAY OF THE LOWER EASTERN SHORE INC
    803 N SALISBURY BLVD STE 2100
    SALISBURY,MD21801
    N/A PC Sponsorship of the 2020 Campaign Pledge Forms 10,000
    UNITED WAY OF THE OHIO VALLEY INC
    PO BOX 705
    OWENSBORO,KY42302
    N/A PC General & Unrestricted 787
    UNITED WAY OF VIRGINIAS EASTERN SHORE INC
    PO BOX 605
    ONLEY,VA23418
    N/A PC General & Unrestricted 1,460
    N O'Leary
    UNIVERSITY OF DELAWARE
    30 LOVETT AVE
    NEWARK,DE19716
    none I Scholarship grant 5,000
    E LITTLE
    UNIVERSITY OF GEORGIA
    220 HOLMES/HUNTER ACADEMIC BLDG
    ATHENS,GA30602
    none I Scholarship Grant 5,000
    K Lee
    UNIVERSITY OF NORTH CAROLINA
    PO BOX 1510
    PEMBROKE,NC28372
    NONE I SCHOLARSHIP GRANT 5,000
    UNIVERSITY OF SOUTHERN MAINE FOUNDATION
    PO BOX 9300
    PORTLAND,ME04104
    N/A PC The Promise Scholarship FUND 20,000
    UNIVERSITY OF VIRGINIA ANNUAL FUND
    PO BOX 400807
    CHARLOTTESVILLE,VA22904
    N/A PC School of Nursing 2,000
    UNIVERSITY OF WASHINGTON
    4333 BROOKLYN AVE NE BOX 359505
    SEATTLE,WA98195
    N/A GOV Laura Miller Chen Scholarship FUND 5,000
    VIRGINIA FOUNDATION FOR AGRICULTURE IN THE CLASSRO
    PO BOX 27552
    RICHMOND,VA23261
    N/A PC Virtual Teacher Trainings 2,500
    VIRGINIA LITERACY FOUNDATION
    413 STUART CIR UNIT 303
    RICHMOND,VA23220
    N/A PC General & Unrestricted 5,000
    VIRGINIA MUSEUM OF FINE ARTS FOUNDATION
    200 N ARTHUR ASHE BLVD
    RICHMOND,VA23220
    N/A PC General & Unrestricted 40,167
    VIRGINIA MUSEUM OF FINE ARTS FOUNDATION
    200 N ARTHUR ASHE BLVD
    RICHMOND,VA23220
    N/A PC Capital Campaign 10,000
    WALLBUILDER PRESENTATIONS
    PO BOX 397
    ALEDO,TX76008
    N/A PC General & Unrestricted 7,000
    WARD FOUNDATION
    909 S SCHUMAKER DR
    SALISBURY,MD21804
    N/A PC Youth Environmental Action Summit 2,000
    K Sponaugle
    WEST VIRGINIA UNIVERSITY
    PO BOX 6004
    MORGANTOWN,WV26506
    none I Scholarship grant 5,000
    WICOMICO COUNTY BOARD OF EDUCATION
    900 MOUNT HERMON RD
    SALISBURY,MD21802
    N/A GOV General & Unrestricted (SEE ATTACHED GENERAL EXPLANATION) 7,056
    WICOMICO COUNTY EDUCATION FOUNDATION
    200 W MAIN ST
    SALISBURY,MD21801
    N/A PC funds for Headsets and Webcams for teachers to enhance virtual learning 5,000
    WOR-WIC COMMUNITY COLLEGE FOUNDATION
    32000 CAMPUS DR
    SALISBURY,MD21804
    N/A PC General & Unrestricted 2,000
    WORCESTER COUNTY G O L D INC
    299 COMMERCE ST
    SNOW HILL,MD21863
    N/A PC Charitable Event 2,500
    WORCESTER COUNTY PUBLIC SCHOOLS EDUCATION FOUNDATI
    6270 WORCESTER HWY
    NEWARK,MD21841
    N/A PC Hot Spots and Service for On-Line Learning 5,000
    WWP INC - WOUNDED WARRIOR PROJECT INC
    4899 BELFORT RD STE 300
    JACKSONVILLE,FL32256
    N/A PC General & Unrestricted 5,000
    B SebaRaj
    YALE UNIVERSITY
    PO BOX 208232
    NEW HAVEN,CT06520
    none I Scholarship grant 5,000
    P SebaRaj
    YALE UNIVERSITY
    PO BOX 208232
    NEW HAVEN,CT06520
    none I Scholarship grant 5,000
    YOUNG AMERICA'S FOUNDATION
    11480 COMMERCE PARK DR STE 600
    RESTON,VA20191
    N/A PC General & Unrestricted 15,000
    YOUNG MENS CHRISTIAN ASSOCIATION OF THE CHESAPEAKE
    202 PEACH BLOSSOM LN
    EASTON,MD21601
    N/A PC Camp Cook Campaign 10,000
    Total .................................bullet 3a 3,060,011
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
        14 4,078  
    4 Dividends and interest from securities....     14 1,156,679  
    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 2,291,518  
    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)..   3,452,275  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,452,275
    (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

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    Franklin P and Arthur W Perdue
     
    Foundation Inc
    EIN:
    52-6054332
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)
    Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2020 GeneralExplanationAttachment
    Name:
    Franklin P and Arthur W Perdue
     
    Foundation Inc
    EIN:
    52-6054332
    Identifier Return Reference Explanation
    1 PART XV (FORM 990-PF)-DISTRIBUTIONS OF PROPERTY VALUE AT FAIR MARKET VALUE PART XV (FORM 990-PF) - DISTRIBUTIONS OF PROPERTY VALUE AT FAIR MARKET VALUE AT DATE OF DISTRIBUTION METHOD FOR DETERMINING VALUE OF DRAW STRING BAGS: PURCHASE PRICE TOTAL FAIR MARKET VALUE OF PROPERTY: $7,056 TOTAL BOOK VALUE OF PROPERTY: $7,056 TOTAL CASH PORTION OF GRANTS: $- TOTAL AMOUNT OF GRANTS: $7,056 FORM 990-PF, PART III, LINE 3 - OTHER INCREASES: $- DETAILS OF ITEMS GRANTED: DESCRIPTION OF PROPERTY: DRAW STRING BAGS UNITS: 7,200 DATE OF DISTRIBUTION: 11/5/2020 GRANT RECIPIENT: WICOMICO COUNTY BOARD OF EDUCATION FMV OF PROPERTY: $7,056 BOOK VALUE OF PROPERTY: $7,056 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $7,056

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Franklin P and Arthur W Perdue
     
    Foundation Inc
    EIN:
    52-6054332
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CREDIT SUISSE COMMODITY RET ST 1,036,879 998,716
    DELAWARE SM CAP VALUE FUND INS 778,216 922,784
    DODGE & COX FUNDS INTERNATIONA 5,970,698 6,792,314
    INVESCO SMALL-CAP GROWTH CLASS 953,983 1,184,562
    LOOMIS SAYLES FDS INV GRADE BO 1,684,357 1,765,600
    MAINSTAY HIGH YIELD CORPORATE 1,174,161 1,202,648
    TCW FDS INC CORE FIXED INCOME 5,518,503 5,959,892
    VANGUARD FTSE ALL-WORLD EX-US 6,170,874 7,114,724
    VANGUARD INTERMEDIATE TERM INV 1,612,777 1,705,855
    VANGUARD REIT INDEX FD ADMIRAL 1,045,846 1,158,137
    VANGUARD TOTAL BOND MARKET IND 5,343,302 5,814,650
    VANGUARD TOTAL STOCK MARKET IN 15,986,875 29,110,913

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Franklin P and Arthur W Perdue
     
    Foundation Inc
    EIN:
    52-6054332
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ENTRUST CAPITAL DIVERSIFIED FU   284,989 254,914

    TY 2020 OtherExpensesSchedule
    Name:
    Franklin P and Arthur W Perdue
     
    Foundation Inc
    EIN:
    52-6054332
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 80,000     80,000
    FOUNDATION DUES & MEMBERSHIPS 2,500     2,500
    POSTAGE/DELIVERY FEES 631     631


    TY 2020 OtherIncomeSchedule2
    Name:
    Franklin P and Arthur W Perdue
     
    Foundation Inc
    EIN:
    52-6054332
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss CASH MONEY MARKET FUND      
    Other Loss (Line 11 column A and B)      


    TY 2020 OtherIncreasesSchedule
    Name:
    Franklin P and Arthur W Perdue
     
    Foundation Inc
    EIN:
    52-6054332
    Description Amount
    RETURNED GRANT 75,000


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Franklin P and Arthur W Perdue
     
    Foundation Inc
    EIN:
    52-6054332
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 12,922 12,922    
    SCHOLARSHIP MANAGEMENT SVCS 3,500     3,500


    TY 2020 TaxesSchedule
    Name:
    Franklin P and Arthur W Perdue
     
    Foundation Inc
    EIN:
    52-6054332
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 24,500