Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1 RIGHTER PARKWAY 120
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE198031533
A Employer identification number

45-0521059
B Telephone number (see instructions)

(302) 573-5812
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$12,049,206J 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) 963,465
2 Check bullet.............
3 Interest on savings and temporary cash investments 17,242 17,242  
4 Dividends and interest from securities... 195,239 190,909  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,287,093
b Gross sales price for all assets on line 6a 11,076,408
7 Capital gain net income (from Part IV, line 2)... 1,282,026
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)....... Click to see attachment -8,110 -2,893  
12 Total. Add lines 1 through 11........ 2,454,929 1,487,284  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 20,854 0   20,854
16a Legal fees (attach schedule)......... Click to see attachment 88,713 0   88,713
b Accounting fees (attach schedule)....... Click to see attachment 15,990 0   15,990
c Other professional fees (attach schedule).... Click to see attachment 141,908 141,908   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,153 8,153   0
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 811 406   405
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 276,429 150,467   125,962
25 Contributions, gifts, grants paid....... 500,000 500,000
26 Total expenses and disbursements. Add lines 24 and 25 776,429 150,467   625,962
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,678,500
b Net investment income (if negative, enter -0-) 1,336,817
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.............   2,189 2,189
2 Savings and temporary cash investments......... 322,251 133,783 133,783
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) 322,130 Click to see attachment271,933 269,793
b Investments—corporate stock (attach schedule)....... 5,148,394 Click to see attachment2,734,251 3,540,810
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment207,012 213,965
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,805,009 Click to see attachment5,738,612 6,895,971
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment749,845 Click to see attachment749,845 Click to see attachment992,695
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,347,629 9,837,625 12,049,206
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment14,555 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 14,555 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........... 8,333,074 9,837,625
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)..... 8,333,074 9,837,625
30 Total liabilities and net assets/fund balances (see instructions). 8,347,629 9,837,625
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
8,333,074
2
Enter amount from Part I, line 27a .....................
2
1,678,500
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
10,011,574
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
173,949
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,837,625
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 - LT P    
b PUBLICLY TRADED SECURITIES - ST P    
c ENTERPRISE PRODUCTS PARTNERS LP P    
d MAGELLAN MIDSTREAM PARTNERS LP P    
e MPLX P    
PLAINS ALL AMERICAN PIPELINE LP - K1 P    
MPLX - K1 P    
WESTERN MIDSTREAM PARTNERS LP - K1 P    
PUBLICLY TRADED PARTNERSHIPS P    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 6,533,321   5,465,131 1,068,190
b 4,368,823   4,134,110 234,713
c     2 -2
d     232 -232
e     10 -10
    6 -6
2     2
7     7
159,686   194,891 -35,205
14,569     14,569
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       1,068,190
b       234,713
c       -2
d       -232
e       -10
      -6
      2
      7
      -35,205
      14,569
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 1,282,026
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 18,582
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 18,582
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 18,582
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 29,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 29,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 32
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 10,386
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet10,386 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)
    bulletNV
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletSHANA PINTER Telephone no.bullet (302) 573-5812

    Located atbullet1 RIGHTER PARKWAY 120WILMINGTONDE ZIP+4bullet19803
    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
    Yes
     
    .........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). Click to see attachment
    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
    FIRST STATE TRUST COMPANY DIRECTOR
    2.00     		0 0 0
    1 RIGHTER PARKWAY 120
    WILMINGTON,DE19803
    DAVID STRAUS MANAGING DIRECTOR
    2.00     		0 0 0
    1 RIGHTER PARKWAY 120
    WILMINGTON,DE19803
    BARBARA DANBERG PRESIDENT, SECRETARY, TREASURER
    2.00     		0 0 0
    1 RIGHTER PARKWAY 120
    WILMINGTON,DE19803
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    8,963,441
    b
    Average of monthly cash balances.......................
    1b
    174,108
    c
    Fair market value of all other assets (see instructions)................
    1c
    992,695
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,130,244
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    10,130,244
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    151,954
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,978,290
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    498,915
    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
    498,915
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    18,582
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    18,582
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    480,333
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    480,333
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    480,333
    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
    625,962
    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
     
    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
    625,962
    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
    625,962
    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 7 480,333
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 409,587
    b From 2016...... 692,059
    c From 2017...... 792,944
    d From 2018...... 509,381
    e From 2019......  
    fTotal of lines 3a through e........ 2,403,971
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 625,962
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 480,333
    e Remaining amount distributed out of corpus 145,629
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 2,549,600
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		409,587
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		2,140,013
    10 Analysis of line 9:
    a Excess from 2016.... 692,059
    b Excess from 2017.... 792,944
    c Excess from 2018.... 509,381
    d Excess from 2019....  
    e Excess from 2020.... 145,629
    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:
    SHANA PINTER
    1 RIGHTER PARKWAY STE 120
    WILMINGTON,DE19803
    (302) 573-5812
    bThe form in which applications should be submitted and information and materials they should include:
    THE APPLICATION MUST INCLUDE A IRS 501(C)(3) DETERMINATION LETTER OR COMPLY WITH EXPENDITURE RESPONSIBILITY REQUIREMENTS
    cAny submission deadlines:
    THERE ARE NO SUBMISSION DEADLINES.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THERE ARE NO AWARD RESTRICTIONS OR LIMITATIONS.
    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
    THE SHADE TREE INCORPORATED
    1 W OWENS AVENUE
    N LAS VEGAS,NV89030     		NONE PC TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 25,000
    LOU RUVO BRAIN INSTITUTE
    888 W BONNEVILLE AVE
    LAS VEGAS,NV89106     		NONE PC TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 200,000
    CATHOLIC CHARITIES OF SOUTHERN NEVADA
    1501 LAS VEGAS BLVD NORTH
    LAS VEGAS,NV89101     		NONE PC TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 50,000
    DISABLED AMERICAN VETERANS
    2536 W FALLING STAR LOOP
    POST FALLS,ID83854     		NONE NC TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 25,000
    MAKE-A-WISH FOUNDATION OF SOUTHERN NEVADA
    9950 COVINGTON CROSS DRIVE
    LAS VEGAS,NV89144     		NONE PC TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 25,000
    ST ROSE DOMINICAL HEALTH FOUNDATION
    3001 ST ROSE PARKWAY
    HENDERSON,NV89052     		NONE PC TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 50,000
    WICHITA ART MUSEUM
    1400 WEST MUSEUM BLVD
    WICHITA,KS67203     		NONE PC TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 50,000
    GIRL SCOUTS OF SOUTHERN NEVADA
    2941 HARRIS AVENUE
    LAS VEGAS,NV89101     		NONE PC TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 10,000
    VEGAS PBS
    3050 E FLAMINGO ROAD
    LAS VEGAS,NV89121     		NONE PC TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 20,000
    SOUTHERN NEVADA LAW ENFORCEMENT MEMORIAL FOUNDATION
    PO BOX 777218
    HENDERSON,NV890777218     		NONE PC TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 15,000
    NATHAN ADELSON HOSPICE FOUNDATION
    4141 UNIVERSITY CENTER DRIVE
    LAS VEGAS,NV89119     		NONE PC TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 20,000
    OLYMPIA COMPANIES SOUTHERN HIGHLANDS CHARITABLE FOUNDATION
    11411 SOUTHERN HIGHLANDS PARKWAY
    SUITE 300
    LAS VEGAS,NV89141     		NONE PC TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 10,000
    Total .................................bullet 3a 500,000
    bApproved for future payment
    Total .................................bullet 3b 0
    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 17,242  
    4 Dividends and interest from securities....     14 195,239  
    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 ............     		525990 5,067 18 1,282,026  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aREFUNDS     		900099   01 2,052  
    bPARTNERSHIP UBI INCOME REPORTED 525990 -5,217 14    
    cORDINARY INCOME FROM PARTNERSHIP PASSTHROUGH     14 -5,011  
    dOTHER INCOME FROM PARTNERSHIP PASSTHROUGH     14 66  
    e
    12 Subtotal. Add columns (b), (d), and (e).. -150 1,491,614 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,491,464
    (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
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
     
    Employer identification number

    45-0521059
    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
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
          		Employer identification number
    45-0521059
    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
    LYNNE RUFFIN CLAT #2
     
    500 SHETLAND ROAD
     
    LAS VEGAS, NV89107

    		$ 25,025


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    LYNNE RUFFIN CLAT #1
     
    500 SHETLAND ROAD
     
    LAS VEGAS, NV89107

    		$ 938,440


    (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
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
          		Employer identification number

    45-0521059
    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
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
          		Employer identification number

    45-0521059
    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:
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
    EIN:
    45-0521059
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 15,990 0   15,990

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

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
    EIN:
    45-0521059
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    DISABLED AMERICAN VETERANS
          		2536 W FALLING STAR LOOP
    POST FALLS,ID83854     		2020-12-22 25,000 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 0 NO REPORT NOT RECEIVED PRIOR TO YEAR END   REPORT NOT RECEIVED PRIOR TO YEAR END

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
    EIN:
    45-0521059
    Name of Bond End of Year Book Value End of Year Fair Market Value
    UNITED STATES TREAS NTS 34,042 34,124
    VERIZON COMMUNICATIONS INC 13,943 14,144
    CVS HEALTH CORP 13,749 14,280
    WELLS FARGO & CO 15,282 15,870
    CITIGROUP INC 14,294 14,738
    COMCAST CORP NEW 14,178 14,445
    JP MORGAN CHASE BANK NA 19,721 20,325
    GOLDMAN SACHS GROUP INC 13,767 14,120
    BANK AMER CORP 13,749 14,275
    GEN ELEC CAP CRP 9,257 10,843
    MICROSOFT CORP 20,194 21,221
    ENTERPRISE PRODS OPER LLC 9,527 10,097
    SHELL INTERNATIONAL FIN BV 15,309 15,483

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
    EIN:
    45-0521059
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADDUS HOMECARE CORP 1,715 2,225
    ADOBE SYSTEMS INC 36,766 47,511
    ADVANCED AUTO PARTS 6,069 7,088
    AGIOS PHARMACEUTICALS INC 8,830 7,799
    AKAMAI TECHNOLOGIES INC 6,642 6,929
    ALASKA AIR GROUP INC 5,566 6,448
    ALBANY INTL CORP NEW CL A 2,715 3,084
    ALBEMARLE CORP 4,056 6,786
    ALEXION PHARMACEUTICALS INC 3,833 5,937
    AMAZON COM INC 34,957 45,597
    AMEDISYS INC 7,142 10,853
    AMERICA'S CAR-MART INC 1,526 2,197
    AMERIPRISE FINANCIAL INC. 14,115 20,405
    AMGEN INC 33,365 34,028
    ANSYS INC 23,546 31,651
    ANTERO MIDSTREAM CORP 3,380 3,886
    API GROUP CORP 2,551 3,376
    APPLE COMPUTER INC 16,644 26,803
    ARCELORMITTAL SA LUXEMBOURG 6,483 8,130
    ARCUS BIOSCIENCES INC 1,939 1,687
    ARENA PHARMACEUTICALS INC 6,011 7,453
    AVERY DENNISON CORP 7,042 10,237
    AVIS BUDGET GROU 2,579 3,245
    BANK OZK 3,131 4,034
    BEYOND MEAT INC 2,666 2,000
    BIGCOMMERCE HLDGS INC 5,900 4,683
    BIOMARIN PHARMACEUTICAL INC 4,711 4,297
    BIOTELEMETRY INC 1,526 2,451
    BLUEBIRD BIO INC 2,869 1,947
    BRIGHT HORIZONS FAMILY SOLUTIONS 8,144 9,168
    BRIGHTHOUSE FINL INC 2,762 3,258
    BRUKER CORP 6,727 8,877
    CABOT OIL & GAS CORP 17,521 15,466
    CACTUS INC 2,090 2,998
    CADENCE BANCORPORATION 2,281 3,317
    CANNAE HLDGS INC 3,360 4,161
    CAPITAL ONE FINL CORP 14,342 19,473
    CARDLYTICS INC 5,557 11,422
    CENTURY CMNTYS INC 2,633 3,196
    CHARLES RIV LABORATORIES INTL INC 5,084 7,246
    CHEF'S WAREHOUSE 2,300 3,237
    CHEMED CORP 6,681 7,457
    CHEMOURS CO 4,655 5,776
    CHILDRENS PLACE 2,780 4,509
    CHOICE HOTELS INTL INC 3,814 5,230
    CINCINNATI FINL CORP 11,482 14,853
    CIRRUS LOGIC INC 3,630 4,110
    CLEARWAY ENERGY INC 2,547 3,065
    COCA COLA CO 16,703 20,455
    COGENT COMMUNICATIONS GROUP 3,835 3,053
    COLUMBIA SPORTSWEAR CO COM 4,507 4,456
    COMCAST CORP-CL A 6,059 8,174
    COMMERCE BANCSHARES INC 10,524 12,023
    COMMSCOPE HOLDING INC 4,277 5,213
    CORTEVA INC 13,112 20,676
    COSTCO WHOLESALE CORP NEW 6,794 8,289
    CRACKER BARREL 4,875 4,881
    CULLEN FROST BANKERS INC 8,355 10,031
    DANAHER CORP 21,772 30,655
    DICK'S SPORTING GOODS INC 1,714 2,192
    DINEEQUITY INC 2,244 2,842
    DISNEY WALT CO 5,394 8,334
    DRIL-QUIP INC 2,051 2,222
    EAST WEST BANCORP INC 6,719 10,193
    ECOLAB INC 6,548 6,924
    EDITAS MEDICINE INC 6,882 9,184
    ELANCO ANIMAL HEALTH INC 10,697 17,298
    ELEMENT SOLUTIONS INC 3,886 6,206
    ENCORE CAPITAL GROUP INC 2,679 2,298
    EQT CORPORATION 2,267 1,868
    EQUINIX INC NEW 8,625 9,284
    EVERCORE PARTNERS INC CL A 5,310 8,333
    EVOLENT HEALTH INC 3,754 5,498
    FACEBOOK INC - A 25,650 29,501
    FIDELITY NATL INFORMATION SVCS 8,799 9,053
    FIVE BELOW 5,403 9,624
    FIVE9 INC 6,207 7,499
    FLAGSTAR BANCORP 1,500 2,323
    FLOOR & DECOR HLDGS INC 5,753 9,564
    GENERAL DYNAMICS CORP 11,551 12,501
    GLOBAL NET LEASE INC 1,650 2,040
    GRAINGER W W INC 6,264 8,575
    HANNON ARMSTRONG SUSTAINABLE 1,458 2,220
    HOME DEPOT INC 9,418 10,094
    HYATT HOTELS CORP - CL A 5,021 7,128
    IAA INC 5,453 6,368
    IGM BIOSCIENCES INC 1,137 971
    INDEPENDENT BANK GROUP INC 2,546 3,063
    INNOVATIVE INDL PPTYS INC 4,146 6,043
    INPHI CORP 6,095 8,184
    INTERSECT ENT INC 995 2,084
    IRHYTHM TECHNOLOGIES INC 5,231 9,726
    IROBOT CORPORATION 7,165 6,985
    J P MORGAN CHASE & CO 13,318 18,933
    KEMPER CORPORATION 4,114 4,302
    LAMB WESTON HLDGS INC 1,515 2,126
    LANDSTAR SYS INC 5,931 6,194
    LENNAR CORP 18,136 22,412
    LIBERTY MEDIA GROUP - C 5,212 6,177
    LIVEPERSON INC. 2,247 3,298
    LOVESAC COMPANY 2,624 3,318
    M D C HOLDINGS INC 2,987 3,985
    M/I HOMES, INC. 1,848 2,037
    MARTIN MARIETTA MATLS INC 11,923 19,026
    MERCADOLIBRE INC 18,216 31,829
    MERITAGE HOMES CORPORATION 3,169 2,982
    MICROCHIP TECHNOLOGY INC 15,552 24,445
    MICROSOFT CORP 51,107 61,388
    MONSTER BEVERAGE CORP NEW 5,482 7,398
    NEOGEN CORP 3,377 3,965
    NEVRO CORP 2,303 3,116
    NEW YORK MORTGAGE TRUST INC 2,029 2,011
    NORDSON CORP 5,432 6,029
    NUTANIX INC 1,642 2,135
    NVIDIA CORP 10,539 14,099
    OLLIE'S BARGAIN OUTLET HOLDING INC 7,388 7,114
    ONEMAIN HOLDINGS INC 3,852 4,479
    OVINTIV INC 2,144 2,987
    OXFORD INDUSTRIES INC 1,520 2,555
    PACIRA PHARMACEUTICALS 3,846 5,146
    PALO ALTO NETWORKS INC 7,151 10,306
    PAR TECHNOLOGY CORP 2,696 4,960
    PARKER HANNIFIN CORP 13,468 21,793
    PAYPAL HLDGS INC 11,102 17,331
    PDC ENERGY INC 3,338 4,352
    PENN NATL GAMING INC 2,552 6,132
    PHILLIPS 66 11,463 10,561
    PILGRIM'S PRIDE CORP 3,097 2,961
    PIONEER NATURAL RESOURCES CO 6,205 7,631
    PNC FINANCIAL SERVICES GROUP 12,760 16,539
    PROCTER & GAMBLE CO 19,665 20,175
    QTS REALTY TRUST INC 4,109 4,146
    QUALCOMM INC 20,196 39,608
    RAYTHEON TECHNOLOGIES CORP 7,110 8,295
    REALOGY HOLDINGS CORP 1,902 2,965
    REDFIN CORP 2,749 3,843
    REXFORD INDUSTRIAL REALTY 7,616 8,938
    REYNOLDS CONSUMER PRODS INC 2,309 2,013
    RITE AID CORP 6,583 5,398
    RPM INTERNATIONAL INC 17,175 20,789
    SAGE THERAPEUTICS INC 6,374 6,921
    SALESFORCE.COM 13,397 15,800
    SANGAMO THERAPEUTICS INC 3,680 4,947
    SITEONE LANDSCAPE SUPPLY INC 4,118 6,821
    SPLUNK INC 10,314 9,684
    STAG INDUSTRIAL INC 2,137 2,067
    STEEL DYNAMICS INC 7,163 6,932
    SUN COMMUNITIESINC. 8,024 9,117
    TEXAS INSTRUMENTS INC 4,180 6,073
    TEXTRON INC 6,089 7,491
    THE REALREAL INC 4,898 6,605
    THERMO FISHER SCIENTIFIC INC 10,133 13,973
    TIMKEN CO 4,938 6,111
    TOLL BROS INC 6,975 7,998
    TRUPANION INC 5,137 10,894
    TWITTER INC 10,540 17,761
    TYSON FOODS INC CLASS A 11,611 12,695
    UBER TECHNOLOGIES INC 7,418 10,149
    ULTA SALON COSMETICS & FRAG INC 7,486 9,763
    ULTRAGENYX PHARMACEUTICAL 5,881 6,922
    UNITED NAT FOODS INC 4,794 3,849
    UNITED PARCEL SERVICE CL B 6,877 11,788
    UNITEDHEALTH GROUP INC 14,344 17,534
    US FOODS HLDG CORP 8,537 9,427
    US PHYSICAL THERAPY INC 1,519 2,405
    VARONIS SYSTEMS INC 5,512 11,289
    VISA INC-CLASS A 20,176 22,967
    VMWARE INC. 6,816 7,013
    VOYA FINANCIAL INC 6,205 7,351
    WALGREENS BOOTS ALLIANCE INC 7,727 7,816
    WALKER & DUNLOP INC 1,717 3,037
    WOODWARD GOVERNOR CO 5,393 6,320
    WORKDAY INC - CLASS A 2,930 3,115
    WORLD WRESTLING ENTERTAINMENT INC 7,715 8,313
    WYNDHAM HOTELS & RESORTS INC 5,033 6,420
    XYLEM INC. 11,824 19,442
    ZENDESK INC 3,243 5,295
    ZENTALIS PHARMACEUTICALS INC 2,175 1,974
    ZILLOW GROUP INC 5,391 12,461
    ZOETIS INC 11,335 14,233
    ABB LTD SPON ADR 14,338 21,501
    ADIDAS AG ADR 14,686 22,417
    AIA GROUP LTD-SP ADR 18,686 27,886
    AIRBUS GROUP (NETHERLANDS) 10,512 17,741
    AKZO NOBEL NV 15,939 20,354
    ALCON INC 33,621 36,289
    ALIBABA GROUP HOLDING ADR 28,975 32,815
    ALKERMES PLC 1,849 1,835
    ALLEGION PLC (IRELAND) 15,249 18,737
    ALLIANZ SE 8,977 13,113
    AMADEUS IT HOLDINGS ADR (SPAIN) 11,718 17,126
    ANHEUSER-BUSCH INVEV SPONS ADR 2,884 4,964
    APTIV PLC 3,146 5,472
    ASML HOLDINGS NV 20,650 30,239
    ATHENE HLDG LTD 9,880 11,044
    ATLASSIAN CORP PLC 2,792 3,274
    AXA ADR 17,930 21,200
    BAIDU INC SPONS ADR 7,590 15,786
    BALFOUR BEATTY PLC-SPON ADR 3,451 4,203
    BANCO BILBAO VIZCAYA ARGENTARIA S A 18,949 32,984
    BARCLAYS PLC ADR 10,941 17,466
    BASF SE SPONS ADR 17,532 28,151
    BAYER A GADRMODEL 10,352 9,751
    BAYERISCHE MOTOREN ADR 9,568 15,437
    BNP PARIBAS ADR 11,162 18,670
    BP AMOCO PLC 10,330 9,234
    BRITISH AMERN TOB PLC SPNS ADR 20,428 20,095
    BUNZL PLC SPONS ADR 9,901 14,193
    BURBERRY GROUP 7,629 10,567
    CAIXABANK 11,846 17,147
    CANADIAN NATIONAL RAILWAY CO 16,035 17,796
    CARREFOUR SA-SP ADR 9,752 11,223
    CHUBB LTD 9,578 12,929
    CIE FINANCIERE RICH UNSPONS ADR 21,532 36,735
    COMPASS GROUP PLC 8,434 10,862
    CREDIT SUISSE GROUP-SPON ADR 2,062 2,074
    DANONE-SPONS ADR 14,974 14,919
    DEUTSCHE POST AG SPONS ADR 1,227 2,032
    DEUTSCHE WOHNEN SE 13,267 16,224
    DIAGEO PLC ADR 14,686 16,834
    DNB ASA 11,317 18,597
    ENEL SPA ADR 13,700 16,232
    EQUINOR ASA 15,292 15,402
    ERSTE GROUP BANK AG SPONS ADR 6,483 9,902
    FANUC LTD UNSPONS ADR 12,026 17,661
    GEA GROUP AG-SPONS ADR 12,593 16,480
    GLAXO SMITHKLINE SPONSORED ADR 15,340 13,800
    GRUPO FINANCIERO BANORTE- SPON ADR 3,307 6,026
    HDFC BK LTD SPONS ADR 10,500 20,739
    HONG KONG EXCHANGES UNSPONS ADR 10,594 17,375
    IBERDROLA SPONS ADR 9,959 14,487
    IHS MARKIT LTD 6,855 9,252
    INFINEON TECHNOLOGIES AG ADR 22,877 42,095
    ING GROEP NV SPONSORED ADR 17,542 27,603
    INT'L CONSOLIDATED A-SPONS ADR 4,108 6,291
    INTESA SANPAOLO SPONS ADR 10,270 11,724
    JOHNSON CTLS INTL PLC 11,470 18,217
    KNORR BREMSE AG 10,719 14,758
    KONINKLIJKE PHILIPS ELECTRS NV-ADR 12,124 15,113
    LONZA GROUP AG UNSPONS ADR 15,137 19,626
    MEDTRONIC PLC 16,914 21,202
    MICHELIN (CGDE) UNSPONS ADR 14,727 15,974
    MITSUBISHI UFJ FINANCIAL-ADR 8,431 9,485
    MURATA MFG CO LTD UNSPONS ADR 13,719 21,868
    NATIONAL GRID PLC 9,981 10,980
    NESTLE SA SPONS ADR FOR REG 24,146 26,892
    NOVARTIS AG SPONSORED ADR 38,930 43,343
    NXP SEMICONDUCTORS NV 4,714 6,042
    OCADO GROUP PLC 13,361 16,194
    PERNOD-RICARD SA-UNSPON ADR 8,980 8,902
    PRUDENTIAL PLC-ADR 8,965 13,147
    ROCHE HLDG LTD SPONS ADR 42,374 41,773
    ROLLS-ROYCE GROUP-SPONS ADR 35,049 23,658
    ROYAL DUTCH-ADR A 19,020 20,135
    RWE AKTIENGESELLSCHAF-SP ADR 11,668 13,282
    RYANAIR HLDGS PLC ADR 9,090 15,397
    SANDS CHINA LTD 8,521 9,046
    SANOFI-AVENTIS ADR 23,527 23,129
    SAP AKTIENGESELLSCHAFT SPNS ADR 28,681 32,076
    SCHEIDER ELECT SA-UNSP ADR FRANCE 19,390 30,570
    SEA LTD 10,932 12,142
    SIEMENS A G SPONSORED ADR 18,540 24,373
    SIKA AG 7,251 9,793
    SMC CORP ADR (JAPAN) 17,525 21,370
    SONY CORP ADR 30,949 49,640
    SUMITOMO MITSUI-SPONS ADR 12,489 14,290
    SVENSKA HANDELSB-A-UNSP ADR 11,584 11,602
    TAIWAN SEMICONDUCTOR SPONS ADR 20,036 42,308
    TAKEDA PHARMACEUTICAL COMPANY ADR (JAPAN) 42,332 40,786
    TECHTRONIC INDUSTRIES COMPANY LTD. 8,480 13,551
    TENCENT HLDGS LTD UNSPONS ADR 19,124 26,331
    TOTAL S.A. SPON ADR 13,472 15,926
    TRONOX HOLDINGS PLC 1,922 3,392
    UNICREDIT SPA 21,495 27,638
    VALEO SA-SPONS ADR 5,520 7,880
    VESTAS WIND UNSPONS ADR 10,140 24,451
    VINCI SA - ADR 11,509 13,364
    VOLKSWAGEN AG 30,043 41,147
    VOLVO AB 6,130 10,336
    WHITBREAD PLC 7,832 10,424
    ZURICH INSURANCE GROUP ADR (SWITZERLAND) 16,890 19,352
    2U INC 2,211 2,601
    ACADIA PHARMACEUTICALS INC 8,985 8,928
    ADAPTIVE BIOTECHNOLOGIES CORP 5,256 6,682

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
    EIN:
    45-0521059
    US Government Securities - End of Year Book Value:

    271,933
    US Government Securities - End of Year Fair Market Value:

    269,793
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
    EIN:
    45-0521059
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    DRIEHAUS MUT FDS AT COST 72,659 85,234
    LEGG MASON SMASH SER EC AT COST 191,307 213,269
    LEGG MASON SMASH SERIES M AT COST 157,578 157,484
    LEGG MASON WA SMASH SERIES C AT COST 106,667 113,443
    PIMCO CREDIT ABSOLUTE RETURN AT COST 73,197 75,584
    WESTERN ASSET FDS INC WEAS MAC OPP I AT COST 107,593 120,946
    ARBOR REALTY TRUST INC AT COST 4,097 4,084
    EQUITY LIFESTYLE PROPERTIES REIT AT COST 8,723 9,060
    AMERICAN BEACON AHL MGD FUTS STRAT AT COST 113,505 112,190
    BLACKROCK EVENT DRIVEN EQUITY INSTL AT COST 84,548 87,243
    BLACKROCK FDS IV GBL LG SH INSTL AT COST 60,197 62,612
    BNY MELLON FAMILY OF FUNDS GLB RL RTRN I AT COST 96,545 107,516
    DEUTSCHE ENHANCED COMMODITY STRAT INSTL AT COST 113,320 132,629
    DIAMOND HILL LONG-SHORT FUND AT COST 107,086 122,435
    GOLDMAN SACHS ABSOLUTE REURN FUND AT COST 121,380 132,787
    HARTFORD MUT FDS II INC AT COST 486,130 716,513
    JOHN HANCOCK SEAPORT I AT COST 119,950 130,862
    LOCORR MARKET TREND AT COST 63,578 68,757
    PIMCO COMMODITY REALRETURN STRATEGY FUND AT COST 241,349 313,403
    PIMCO MORTGAGE OPP & BD AT COST 96,704 99,483
    SPDR SER TR PORTFOLIO SP400 AT COST 441,073 601,192
    BLACKROCK GLOBAL LONG SHORT EQUITY FUND AT COST 82,818 82,130
    ISHARES CORE MSCI EAFE ETF AT COST 320,527 414,264
    ISHARES CORE MSCI EMERGING AT COST 276,145 385,827
    ISHARES CORE S&P US VALUE AT COST 792,947 964,380
    ISHARES RUSSEL 3000 GROWTH AT COST 463,221 605,575
    ISHARES IBOXX H/Y CORP BOND ETF AT COST 613,904 652,480
    PIMCO ENHANCED SHORT MATURITY AT COST 321,864 324,589

    TY 2020 LegalFeesSchedule
    Name:
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
    EIN:
    45-0521059
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 88,713 0   88,713


    TY 2020 OtherAssetsSchedule
    Name:
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
    EIN:
    45-0521059
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    JEWELRY 749,845 749,845 992,695


    TY 2020 OtherDecreasesSchedule
    Name:
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
    EIN:
    45-0521059
    Description Amount
    BASIS ADJUSTMENT FOR PTP 173,949


    TY 2020 OtherExpensesSchedule
    Name:
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
    EIN:
    45-0521059
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    POSTAGE 45 23   22
    SETTLEMENT DOUBLE TAB 766 383   383


    TY 2020 OtherIncomeSchedule2
    Name:
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
    EIN:
    45-0521059
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    REFUNDS 2,052 2,052 2,052
    PARTNERSHIP UBI INCOME REPORTED -5,217   -5,217
    ORDINARY INCOME FROM PARTNERSHIP PASSTHROUGH -5,011 -5,011 -5,011
    OTHER INCOME FROM PARTNERSHIP PASSTHROUGH 66 66 66


    TY 2020 OtherLiabilitiesSchedule
    Name:
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
    EIN:
    45-0521059
    Description Beginning of Year - Book Value End of Year - Book Value
    M STANLEY UNSETTLED TRANSACTIONS 14,555 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
    EIN:
    45-0521059
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 141,908 141,908   0


    TY 2020 TaxesSchedule
    Name:
    LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION
    EIN:
    45-0521059
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 8,153 8,153   0