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
Jeffers Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)2605 Fernbrook Ln Ste B-1
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Plymouth, MN55447
A Employer identification number

20-2601947
B Telephone number (see instructions)

(952) 475-9914
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$14,487,235
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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 373,966 373,966  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 192,616
b Gross sales price for all assets on line 6a 6,016,263
7 Capital gain net income (from Part IV, line 2)... 192,616
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........ 566,582 566,582  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 154,369 0   154,369
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 94,666 50,362   44,304
17 Interest............... 4 4   0
18 Taxes (attach schedule) (see instructions)... 53,695 50,712   0
19 Depreciation (attach schedule) and depletion... 9,428 0  
20 Occupancy.............. 44,707 0   44,707
21 Travel, conferences, and meetings....... 3,204 0   3,204
22 Printing and publications.......... 45,000 0   45,000
23 Other expenses (attach schedule)....... 111,975 0   111,975
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 517,048 101,078   403,559
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 517,048 101,078   403,559
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 49,534
b Net investment income (if negative, enter -0-) 465,504
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......... 423,368 439,696 439,696
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)....... 8,133,043 Click to see attachment8,329,734 7,331,145
c Investments—corporate bonds (attach schedule)....... 2,024,107 Click to see attachment2,096,707 2,148,768
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet4,567,626
Less: accumulated depreciation (attach schedule) bullet   4,802,778 4,567,626 4,567,626
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,383,296 15,433,763 14,487,235
Liabilities 17 Accounts payable and accrued expenses.......... 29,142 29,142
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... -303  
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 28,839 29,142
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 15,354,457 15,404,621
29 Total net assets or fund balances (see instructions)..... 15,354,457 15,404,621
30 Total liabilities and net assets/fund balances (see instructions). 15,383,296 15,433,763
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
15,354,457
2
Enter amount from Part I, line 27a .....................
2
49,534
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
630
4
Add lines 1, 2, and 3 ..........................
4
15,404,621
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
15,404,621
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 Sale of Land P    
b Sale of publicly traded securities      
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 229,000   239,310 -10,310
b 5,787,263   5,584,337 202,926
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       -10,310
b       202,926
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 2 192,616
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 6,471
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 6,471
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 6,471
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 10,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 131
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 3,398
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet3,398 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)
    bulletMN
    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 ofbulletPaul W Oberg Telephone no.bullet (952) 475-9914

    Located atbullet2605 Fernbrook LanePlymouthMN ZIP+4bullet55447
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet2019, 2017, 2018, 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
    Yes
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Paul Oberg CEO/CFO
    25.00
    68,651 0 0
    2605 Fernbrook Lane Ste B1
    Plymouth,MN55447
    Fergus Wooley Executive Vice President
    20.00
    41,454 0 0
    2605 Fernbrook Lane Ste B1
    Plymouth,MN55447
    Mike Fairbourne Vice President & Assistant Secretary
    1.00
    3,000 0 0
    2605 Fernbrook Lane Ste B1
    Plymouth,MN55447
    Kelly Johnson Director/Assistant CFO
    2.00
    10,755 0 0
    2605 Fernbrook Lane Ste B1
    Plymouth,MN55447
    Galen Erickson Director/Director of Communications
    15.00
    15,300 0 0
    2605 Fernbrook Lane Ste B1
    Plymouth,MN55447
    Dr Thomas Westerhouse Director
    15.00
    15,209 0 0
    2605 Fernbrook Lane Ste B1
    Plymouth,MN55447
    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
    Morgan Stanley Investment management 50,362
    2211 York Rd Ste 100
    Oak Brook,IL60523
    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 A principle mission of Jeffers Foundation is to foster environmental stewardship through education. Environmental stewardship cannot be taught but can only be inspired. Jeffers Foundation has adopted a practice for our professional development workshops consistent with the scientific method in which hands-on, experiential learning is supported by teaching careful observation techniques using all our senses reinforced by journaling your observations with drawings and words in notebooks. In close collaboration with local teachers, Jeffers has developed teaching support materials and programs available through its website and free of charge to those who participate in on of the many workshops offered. Visit jeffersfoundation.org to learn more. 37,132
    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
    8,589,016
    b
    Average of monthly cash balances.......................
    1b
    263,309
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,567,626
    d
    Total (add lines 1a, b, and c).........................
    1d
    13,419,951
    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
    13,419,951
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    201,299
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    13,218,652
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    660,933
    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
    660,933
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    6,471
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,471
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    654,462
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    654,462
    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
    654,462
    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
    403,559
    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
    403,559
    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
    403,559
    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 7 654,462
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 430,223
    b Total for prior years:2017, 2018, 20 1,068,471
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 403,559
    a Applied to 2019, but not more than line 2a 403,559
    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..... 0
    e Remaining amount distributed out of corpus 0
    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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    1,068,471
    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 ...........
    1,068,471
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    26,664
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    654,462
    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) ...
    0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a 0
    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 ...........
             
    4 Dividends and interest from securities....     14 373,966  
    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 ............
        18 192,616  
    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).. 0 566,582 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    566,582
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Jeffers Foundation
    EIN:
    20-2601947
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BANK OF AMERICA 58,979 64,410
    BANK OF AMERICA 63,879 65,122
    BANK OF NEW YORK 63,076 63,962
    CHARLES SCHWAB CORP 63,144 63,484
    CHARLES SCHWAB CORP 64,925 66,308
    CITIGROUP 60,185 64,230
    CITIGROUP 64,459 63,402
    CITIZENS FINANCIAL 56,878 59,503
    COMERICA INC 24,520 24,365
    DISCOVER FINANCIAL 59,779 64,268
    FIFTH THIRD BANCORP 63,962 65,937
    GENERAL ELECTRIC 34,214 32,559
    GENERAL MOTORS 59,646 63,945
    GOLDMAN SACHS 63,475 64,310
    HUNTINGTON BANCSHARES 58,031 64,212
    JPMORGAN CHASE 63,118 63,994
    JPMORGAN CHASE 62,818 64,310
    KEYCORP NEW 62,198 66,650
    M&T BANK 56,369 59,744
    METLIFE 58,848 64,148
    NORTHERN TRUST 29,491 32,025
    PNC FINL 60,447 64,458
    REGIONS FINANCIAL 52,442 55,700
    TRUST FINANCIAL 59,929 62,700
    US BANCORP 60,021 64,111
    VOYA FINANCIAL 55,229 54,990
    WELLS FARGO 61,356 64,624
    WALGREENS BOOTS 24,282 28,396
    BRUNSWICK 20,000 21,456
    BOAA 76,344 75,965
    CSFB 178,321 165,914
    CWALT 90,255 93,821
    CWHL 89,733 77,278
    CMSI 65,070 67,208
    BOAMS 11,284 11,259

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Jeffers Foundation
    EIN:
    20-2601947
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AGNC 87,929 62,400
    ARMOUR RESIDENTIAL REIT 21,266 10,790
    AT&T 163,840 115,040
    BHP GROUP LIMITED 204,770 179,820
    BLACKROCK 337,556 361,104
    BOEING 378,800 199,826
    BP PRUDHOE BAY RLY 60,600 2,380
    CENTERPOINT ENERGY 54,000 43,280
    CRACKER BARREL 471,275 357,360
    CREDIT SUISSE GROUP 66,422 25,600
    FERRELLGAS 11,300 260
    GLAXOSMITHKLINE 109,980 73,600
    GRANITE POINT MORTGAGE 21,353 11,359
    INTL BUSINESS MACHINES 217,870 185,775
    LOCKHEED MARTIN CORP 1,020,185 867,786
    LUMEN TECHNOLOGIES 385,752 97,500
    OCCIDENTAL PETROLEUM 98,077 34,620
    OFFICE PPTYS 95,461 28,400
    PFIZER 39,805 36,810
    PHILIP MORRIS 201,220 165,580
    PLAINS ALL AMERN PIPELINE 222,680 32,960
    PRUDENTIAL FINANCIAL 378,600 279,480
    SCHLUMBERGER LTD 68,096 43,660
    SEADRILL PARTNERS 101,400 24
    SUNOCO 196,265 164,880
    TELEFONICA 140,955 22,519
    TWO HARBORS 148,350 38,220
    UNITI GROUP 105,529 46,920
    WESTERN ASSET MORTGAGE 30,790 6,520
    3M 1,755 1,923
    AAC TECHNOLOGIES 7,347 3,567
    AAON INC 932 1,866
    ABM INDUSTRIES 884 1,211
    ACCO BRANDS 849 600
    ADOBE 5,100 14,503
    ADVANCE AUTO PARTS 3,270 3,308
    AECOM 1,145 1,643
    AEGION CORP 569 646
    AERCAP HOLDINGS 1,816 1,960
    AES CORP 561 1,152
    AGNC INVESTMENT 1,026 889
    AIA GROUP 1,433 2,211
    AIRBUS SE 2,331 2,705
    AKAMAI TECH 1,669 3,360
    ALARM COM 1,423 3,517
    ALCON 5,372 6,598
    ALEXION PHARM 3,760 5,781
    ALIBABA GROUP 5,646 6,516
    ALLEGHANY CP 1,726 1,811
    ALLEGIANT TRAVEL 1,407 1,892
    ALLEGION PUB 3,826 4,539
    ALLSTATE 1,481 1,759
    ALLY FINANCIAL 1,012 1,961
    ALPHABET INC 2,079 3,505
    AMAZON 9,747 22,799
    AMDOCS LIMITED 698 780
    AMER INTL GP 438 530
    AMERICA MOVIL 8,461 8,230
    AMERICAN EXPRESS 1,714 2,176
    AMERICOLD RLTY 509 523
    AMERIPRISE FINCL 3,279 5,053
    AMERISOURCEBERGEN 1,291 1,662
    AMGEN 9,458 11,266
    ANGLO AMERN 3,015 5,460
    ANHEUSER BUSCH 2,882 2,377
    ANHUI CONCH 6,090 6,320
    ANNALY CAPITAL 2,224 1,977
    ANSYS 4,928 12,369
    APPLE 5,045 12,075
    APTIV 1,427 2,476
    ARAMARK HOLDINGS 456 847
    ARCH CAPITAL 1,698 2,236
    ARES COMMERCIAL 377 369
    ARROW ELECTRONICS 843 1,168
    ASGN 1,723 2,422
    ASM PACIFIC 5,833 6,864
    ASML HOLDINGS 2,762 4,877
    ASSURANT 700 954
    ASSURED GUARANTY 1,121 1,165
    ATLASSIAN CORP 1,809 2,573
    AVANTOR 940 1,661
    AXALTA COATING 925 1,142
    AXIS CAPITAL 767 756
    AXOS FINL 791 1,088
    BAIDU INC 8,943 9,298
    BAKER HUGHES 1,287 1,376
    BALCHEIM 1,605 2,189
    BANCO DO BRASIL 8,928 6,984
    BANKUNITED 889 939
    BARNES GROUP 1,214 963
    BB SEGURIDADE 5,879 4,563
    BELDEN 1,730 1,173
    BIDVEST GROUP 4,503 4,305
    BIO-TECHNE 3,389 7,939
    BIOGEN INC 2,358 1,959
    BIOMARIN PHARMAC 1,695 1,841
    BLACK NIGHT 1,648 3,004
    BLACKBAUD 1,516 921
    BLACKLINE 2,093 7,469
    BLACKSTONE MTG TRUST 661 606
    BMC STK 381 1,020
    BOOZ ALLEN HAMILTON 310 697
    BOTTOMLINE TECH 1,022 1,635
    BRIGHT HORIZONS FAMILY 2,708 4,844
    BROOKS-AUTOMATION 1,371 2,782
    BUNGE 738 787
    BURLINGTON STORES 1,552 2,092
    BWX TECH 974 1,025
    CABLE ONE 3,173 4,455
    CABOT OIL 4,075 3,696
    CALLAWAY GOLF 141 144
    CANTEL MEDICAL 1,381 1,104
    CAPGEMINI 1,667 2,189
    CAPITAL ONE FINANCIAL 2,576 2,966
    CARMAX 2,343 3,023
    CBRE GROUP 2,030 3,073
    CDK GLOBAL 2,530 2,643
    CENOVUS ENERGY 484 532
    CENTENE CORP 1,445 1,561
    CENTERPOINT ENERGY 1,920 1,818
    CERENCE 662 1,306
    CHAMPIONX 899 1,622
    CHANGE HEALTHCARE 1,458 2,331
    CHARLES SCHWAB 1,760 2,175
    CHINA CONSTRUCTION 8,407 7,390
    CHINA MERCHANTS 5,219 7,005
    CHINA MOBILE 2,939 2,083
    CHINA SHENHUA ENERGY 5,950 5,072
    CHUBB 5,065 5,541
    CINCINNATI FINANCIAL 2,602 3,407
    CIT GROUP 1,421 1,616
    CNOOC 3,259 2,108
    COCA COLA 3,800 4,881
    COHERENT 1,398 900
    COLGATE PALMOLIVE 2,129 2,565
    COLUMBIA BANKING 393 395
    COMCAST CORP 2,723 4,035
    COMMERCE BANCSHARES 2,215 2,759
    COMMERCIAL INTL BNK 3,825 3,836
    COMMSCOPE HOLDING 1,048 643
    CONCENTRIX 1,130 1,875
    CORTEVA 5,932 8,789
    COSTAR GROUP 875 2,773
    COSTCO 2,020 4,145
    COUPA SOFTWARE 236 678
    COUSINS PPTYS 1,515 1,709
    COVANTA HOLDINGS 241 381
    CROWDSTRIKE HLDGS 1,214 1,483
    CULLEN FROST BANKERS 2,078 1,919
    CURTIS WRIGHT 1,120 1,280
    DANAHER CORP 3,147 7,553
    DANONE 2,316 2,070
    DESCARTES SYSTEMS GROUP 1,165 2,222
    DEUTSCHE BOERSE 1,941 2,062
    DEUTSCHE POST AG 1,585 2,043
    DIAMONDBACK ENERGY 1,642 1,646
    DISCOVERY INC 811 1,231
    DISH NETWORK 1,569 1,617
    DOLLAR TREE 2,040 2,377
    DONALDSON 960 1,118
    DORMAN PRODUCTS 919 1,215
    DXC TECH 197 438
    EAST WEST BANCORP 3,554 3,347
    EBAY 783 1,106
    ECOLAB 5,174 8,005
    ELANCO ANIMAL HEALTH 2,966 4,324
    EMCOR 408 549
    ENEL SOCIETA 1,499 2,132
    ENERGIZER 1,805 1,603
    ENERSYS 1,310 1,910
    ENGIE BRASIL 2,645 2,585
    ENN ENERGY 1,985 4,004
    ENVESTNET 2,805 4,361
    ENVISTA HLDGS 1,183 2,192
    EPLUS 1,417 1,495
    EQT CORP 927 724
    EQUINIX 2,720 4,285
    EQUITABLE HLDGS 224 256
    EQUITY LIFESTYLE 1,683 2,218
    ESCO TECH 1,808 2,064
    ESSENT GROUP 1,730 1,944
    EURONET WORLDWIDE 780 1,159
    EVERCORE INC 1,353 1,974
    EVEREST RE 1,097 1,171
    EVERTEC 741 983
    EVO PMTS 1,486 1,513
    EXLSERVICE 1,463 1,958
    EXPEDITORS INTL 1,684 2,092
    EXPONENT 1,295 3,241
    EXTENDED STAY AMERICA 383 400
    FACEBOOK 8,997 13,931
    FAIR ISAAC 1,198 4,088
    FASTENAL 1,312 2,588
    FED AGRIC 435 445
    FIDELITY NATIONAL 2,119 2,814
    FIDELITY NATL 4,233 4,527
    FIFTH 3RD BANCORP 336 634
    FIRST AMERICAN FINL 793 878
    FIRST CITIZ BANCSHARES 820 1,149
    FIRST HAWAIIAN 1,071 1,038
    FIRST HORIZON 477 651
    FIRST MERCHANTS 738 673
    FIRSTCASH 1,759 1,751
    FIRSTENERGY CORP 788 826
    FLEETCOR TECH 881 1,091
    FLEXTRONICS 410 863
    FLIR SYSTEMS 669 789
    FMC CORP 597 919
    FOOT LOCKER 1,066 1,415
    FOX CORP 1,722 1,602
    FOX FACTORY 1,343 3,488
    FRESH DEL MONTE 1,215 1,131
    FRONTDOOR 1,063 1,506
    FTI CONSULTING 697 1,676
    GALP ENERGIA 5,185 3,785
    GAMING LEISURE 1,348 1,526
    GENL DYNAMICS 4,469 3,423
    CENTEX CORP 916 1,391
    GLOBE LIFE 663 855
    GLOBUS MEDICAL INC 897 1,696
    GRAFTECH INTL 364 458
    GRAPHIC PACKAGING 1,872 2,405
    GRUPO FINANCIERO 3,585 3,722
    GUIDEWIRE SOFTWARE 1,475 1,802
    HALLIBURTON 1,418 964
    HANE SBRANDS 284 510
    HANOVER INSURANCE 511 585
    HARLEY DAVIDSON 1,056 1,395
    HARSCO 584 827
    HEALTHEQUITY 1,160 1,673
    HEICO CORP 1,759 2,341
    HELMERICH 839 973
    HENGAN INTL 7,369 6,444
    HILLENBRAND 483 796
    HOLLYFRONTIER 1,335 1,318
    HOME DEPOT 2,973 4,516
    HOWMET AEROSPACE 525 942
    HUNTINGTON BANCSHARES 1,852 2,311
    HUNTINGTON INGALLS 1,069 1,023
    HUNTSMAN 370 503
    I3 VERTICALS 1,052 1,428
    IAC INTERACTIVE 1,398 1,894
    ICON PLC 812 1,365
    IDEXX LABS 718 1,500
    IHS MARKIT 2,420 4,132
    ILLUMINA 2,113 3,700
    INCYTE 2,043 2,001
    INDUSTRIA DE DISENO 1,938 2,069
    INFOSYS LIMITED 7,147 13,543
    INGEVITY CORP 629 1,212
    INGREDION INC 232 236
    INPHI CORP 332 1,765
    INSIGHT ENTERPRISES 796 1,598
    INTERDIGITAL 1,283 1,335
    INTERNATIONAL GAME TECH 247 661
    INTUITIVE SURGICAL 1,113 2,454
    J&J SNACK 1,635 1,864
    JAZZ PHARMACEUTICAL 1,807 2,476
    JBG SMITH 1,831 1,814
    JOHNSON CTLS 3,598 4,426
    JONES LANG LASALLE 394 593
    JPMORGAN CHASE 5,484 6,735
    KAR AUCTION 1,359 1,303
    KASIKORNBANK 5,068 3,650
    KB FINANCIAL 9,511 7,960
    KBC GROUP NV 1,839 2,128
    KEYCORP NEW 648 689
    KIMBERLY CLARK SPON 3,027 3,015
    KINSALE CAP 1,024 3,802
    KKR&CO 1,349 2,065
    KONINKLUKE PHIL 1,906 2,058
    KORN FERRY 367 522
    KRAFT HEINZ 1,125 1,421
    L3HARRIS TECH 1,920 2,079
    LABORATORY CP 653 1,018
    LANDSTAR SYSTEM 335 404
    LCI INDS 880 1,556
    LEIDOS HLDGS 947 1,156
    LEMAITRE VASCULAR 841 1,053
    LENNAR CORP 45 61
    LENNAR 3,611 5,107
    LHC GRP 1,366 2,560
    LIBERTY BROADBAND 824 1,584
    LIBERTY MEDIA 1,580 1,827
    LIFE HEALTHCARE GRP 4,500 3,659
    LITHIA MOTORS 1,027 2,927
    LKQ 1,802 2,114
    LOEWS CORP 2,489 2,521
    LPL FINL HOLDINGS 943 1,563
    MARKEL CORP 6,683 6,200
    MARTEN TRANSPORT 1,333 1,654
    MARTIN MARIETTA 3,317 4,543
    MARVELL TECH 1,037 2,044
    MASIMO CORP 1,558 3,757
    MASTEC INC 334 750
    MAXIMUS 318 366
    MEDTRONIC 5,593 7,848
    MERCK 1,629 2,131
    MICHELIN 3,869 4,218
    MICROCHIP TECH 3,981 6,077
    MICROSOFT CORP 7,834 20,685
    MINERALS TECH 463 435
    MITSUBISHI 2,891 2,144
    MOBILE TELESYSTEM 4,122 4,117
    MOLINA HEALTHCARE 1,002 1,701
    MOLSON COORS 2,878 2,711
    MONDI 3,493 3,833
    MONOLITHIC 902 2,930
    MONSTER BEVERAGE 2,183 3,237
    MOODYS CORP 1,868 3,773
    MOTOROLA SOLUTOINS 2,027 2,551
    MR COOPER 326 1,272
    NATIONAL ENERGY 441 516
    NATIONAL GEN HLDGS 753 1,265
    NAVIENT 1,653 1,581
    NCR CORP 2,328 3,832
    NEDBANK 3,936 3,126
    NEOGEN 1,449 1,903
    NEWS CORP 956 1,402
    NEXTSTAR MEDIA 1,195 1,310
    NISOURCE 1,295 1,308
    NMI HOLDINGS 614 634
    NOMAD HOLDINGS 807 991
    NOVANTA INC 1,045 1,773
    NOVARTIS AG 2,983 3,872
    NUTANIX 1,144 1,084
    NVIDIA CORP 2,196 6,266
    NXP SEMICONDUCTORS 2,424 3,021
    OGE ENERGY CORP 2,113 2,230
    OKTA 333 1,525
    OLD DOMINION 851 1,366
    OLLIES BARGAIN 1,040 1,799
    OMNICELL 1,192 3,000
    ON SEMICONDUCTOR 1,076 1,800
    OWENS CORNING 719 909
    PACIFIC PREMIER 1,302 1,065
    PALO ALTO NETWORKS 1,800 4,265
    PALOMAR HOLDINGS 833 888
    PARKER HANNIFIN 3,661 5,721
    PAYPAL 1,304 4,216
    PENNYMAC 391 525
    PERFICIANT 702 762
    PERNOD RICARD 1,488 2,071
    PETIQ INC 1,116 1,384
    PHILLIPS 66 2,798 2,448
    PING AN INSURANCE 4,879 5,831
    PIONEER NATURAL RESOURCES 2,209 1,936
    PISC LUKOIL 6,902 7,861
    PNC FINL 3,096 4,023
    POST HOLDINGS 2,512 2,828
    PPD INC 774 855
    PQ GROUP 819 784
    PRA GROUP 481 674
    PROASSURANCE 629 640
    PROCTER & GAMBLE 4,701 4,870
    PROS HLDG 1,547 2,691
    PROSUS NV 1,885 2,603
    PROTO LABS 1,076 1,841
    PT ASTRA INTL 6,188 4,902
    PT BK MANDIRI 7,945 6,862
    PT TELEKOMUNIKASI 6,477 5,574
    Q2 HOLDINGS 1,208 2,531
    QORVO 1,150 2,827
    QUALCOMM 6,576 12,796
    QUALYS 1,068 1,706
    RPM 3,242 4,811
    R1 RCM 360 1,033
    RACKSPACE TECH 694 838
    RAYTHEON TECH 3,094 3,575
    RBC BEARINGS 1,607 2,327
    RECKITT BENCKISER 1,929 2,138
    REGIONS FINANCIAL 734 774
    REINSURANCE GROUP 632 927
    RENAISSANCE 691 663
    ROCHE HOLDINGS 2,056 2,060
    ROGERS CORP 1,039 1,242
    ROPER TECH 2,054 3,449
    ROSS STORES 322 614
    SALESFORCE 5,935 7,121
    SANDS CHINA 2,057 2,007
    SANLAM LTD 3,398 2,781
    SAP 1,810 2,086
    SBA COMM 2,305 3,668
    SBERBANK RUSSIA 8,175 8,367
    SCHWEITZER MAUDUIT 1,368 1,488
    SCIENCE APP 2,108 2,745
    SEALED AIR CP 813 1,053
    SHINHAN FINL 6,432 5,029
    SHOPRITE HLDGS 2,853 1,986
    SINOPHARM GROUP 4,837 3,899
    SITEONE LANDSCAPE 1,255 2,379
    SKECHERS 1,003 1,330
    SL GREEN REALTY 558 417
    SLM CORP 2,483 3,085
    SMITH & NEPHEW 1,797 2,109
    SONY CORP 2,586 5,561
    SOTERA HEALTH 600 659
    SOUTH ST CORP 797 651
    SPECTRUM BRANDS 477 948
    SPIRIT REALTY 600 643
    SPLUNK INC 2,201 4,077
    SS&c TECH 1,124 1,601
    STAAR SURGICAL 1,124 2,852
    STANDARD BANK GROUP 3,905 3,171
    STANDARD MOTOR PRODUCTS 266 243
    STARWOOD PROPERTY TRUST 1,038 1,004
    STEEL DYNAMICS 560 627
    STEVEN MADDEN 983 1,413
    STRIDE 486 467
    SUN COMMUNITIES 1,498 2,279
    SYKES ENTERPRISES 494 640
    SYNEOS HEALTH 1,177 1,976
    SYNNEX CORP 925 1,547
    SYNOVUS FINANCIAL 1,068 1,003
    SYSCO CORP 2,105 2,599
    TABULA RASA HEALTHCARE 1,644 1,414
    TACTILE SYSTEMS 1,567 1,843
    TAIWAN SMCNDCTR 4,982 12,540
    TELEFLEX 2,943 4,116
    TEMPUR-PEDIC 170 729
    TEREX CP 379 768
    TERNIUM 2,957 3,228
    TEXAS CAP 829 774
    TEXAS INSTRUMENTS 1,828 3,118
    TEXAS ROADHOUSE 1,198 1,876
    TEXTRON 804 918
    MOSAIC CO 2,120 2,853
    THERMO FISHER 3,231 6,521
    TOLL BROTHERS 385 478
    TRANSDIGM 1,808 3,713
    TREX COMPANY 1,044 3,098
    TTEC HOLDINGS 566 1,240
    TWILIO 389 1,354
    TWITTER 1,825 4,278
    TYLER TECH 1,050 2,619
    TYSON FOODS 3,257 3,158
    UBER TECH 5,371 7,140
    UCBA SA 2,399 2,097
    UGI CORP 3,306 2,832
    ULTA BEAUTY 5,467 6,892
    ULTRA CLEAN 571 966
    UMPQUA HOLDINGS 705 636
    UNILEVER 7,457 7,847
    UNION PACIFIC 1,731 2,082
    UNISYS CORP 416 787
    UNITED PARCEL 3,623 5,389
    UNITED THERAPEUTICS CORP 553 1,063
    UNITEDHEALTH 5,095 8,066
    UNIVERSAL 1,062 1,021
    US FOODS 1,021 1,532
    VALVOLINE 1,941 2,106
    VEEVA 1,315 2,450
    VERISK 1,901 4,359
    VIACOMCBS 1,864 2,049
    VIATRIS 693 825
    VISA 8,463 14,217
    VISTRA CORP 3,687 3,558
    VMWARE 5,452 5,610
    VOCERA COMM 1,686 2,284
    VODACOM GROUP 2,886 2,535
    VONTIER CORP 974 1,136
    VULCAN MATERIALS 3,315 4,301
    WW GRAINGER 2,174 4,083
    WALGREENS BOOTS 3,090 1,874
    WALKER & DUNLOP 1,184 2,301
    WALT DISNEY 2,070 3,805
    WASTE CONNECTIONS 3,191 4,411
    WD 40 882 1,328
    WICHAI PWR 4,684 7,851
    WESCO 1,684 3,140
    WESTERN DIGITAL 459 554
    WESTROCK 562 653
    WILLIAMS 1,748 1,484
    WORKDAY 1,126 1,198
    WORLD FUEL 1,444 1,776
    WYNDHAM 444 673
    XYLEM 3,247 4,683
    YELP 850 947
    YUM CHINA 2,057 2,055
    ZOETIS 3,006 6,455
    ADOBE 35,687 50,012
    ALPHABET INC 28,485 96,395
    AMERICAN EXPRESS 22,899 30,228
    ANTHEM 34,828 40,136
    APPLE 16,688 79,614
    AT&T 11,812 10,440
    AUTOMATIC DATA 55,195 70,480
    BLACKROCK 48,864 108,231
    BLACKSTONE GROUP 30,733 55,089
    BRISTOL MYERS 29,005 31,015
    CHARLES SCHWAB 33,808 42,432
    CHEVRON 50,624 37,158
    COMCAST CORP 23,895 41,920
    CORNING 31,320 54,000
    COSTCO 23,500 75,356
    CVS 18,058 13,660
    DEERE 44,791 80,715
    DELTA AIR 47,721 60,315
    EOG RESOURCES 19,004 9,974
    FACEBOOK 52,428 68,290
    GILEAD SCIENCE 30,162 23,304
    HONEYWELL 18,150 42,540
    IQVIA HOLDINGS 46,993 53,751
    JOHNSON & JOHNSON 52,528 55,083
    MCDONALDS 38,016 42,916
    MICROSOFT CORP 19,203 88,968
    NVIDIA CORP 50,476 88,774
    PAYPAL 51,308 187,360
    PEPSICO 14,582 22,245
    RAYTHEON TECH 24,020 23,241
    SHERWIN WILLIAMS 53,642 73,491
    STANLEY BLACK & DECKER 29,211 31,248
    STARBUCKS 20,247 53,490
    THERMO FISHER 20,860 81,046
    UNION PACIFIC 18,596 41,644
    UNITEDHEALTH 18,035 70,136
    VISA INC 74,503 87,492
    WALT DISNEY 24,686 54,354
    WILLIAMS CO 26,140 10,025
    XILINX 28,010 63,796
    LINNCO 234,160 0
    AT&T 25,000 26,760
    CHERRY HILL 50,000 49,980
    GLOBAL PARTNERS 100,535 101,400
    TRITON 100,000 109,600
    APOLLO 128,642 57,067

    TY 2020 OtherExpensesSchedule
    Name:
    Jeffers Foundation
    EIN:
    20-2601947
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Office expenses 3,942 0   3,942
    Insurance 5,718 0   5,718
    Bad Debt 65,183 0   65,183
    Workshops 15,274 0   15,274
    Early Childhood Outdoor Education 1,231 0   1,231
    Program supplies 20,627 0   20,627


    TY 2020 OtherIncreasesSchedule
    Name:
    Jeffers Foundation
    EIN:
    20-2601947
    Description Amount
    Prior period adjustment 630


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Jeffers Foundation
    EIN:
    20-2601947
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Contract Services 31,874 0   31,874
    Investment Management Fees 50,362 50,362   0
    Advisory Directors 12,430 0   12,430


    TY 2020 TaxesSchedule
    Name:
    Jeffers Foundation
    EIN:
    20-2601947
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Real Estate Taxes 50,712 50,712   0
    Excise Tax 2,983 0   0