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

82-2658347
B Telephone number (see instructions)

(800) 839-1754
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$25,822,749J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 4,875 4,875  
4 Dividends and interest from securities... 656,000 656,000  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 126,189
b Gross sales price for all assets on line 6a 3,843,048
7 Capital gain net income (from Part IV, line 2)... 126,189
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 2,718    
12 Total. Add lines 1 through 11........ 789,782 787,064  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 21,000     21,000
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).... Click to see attachment 152,947 152,947    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,065 65    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 963     963
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 52,145 278   51,867
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 232,120 153,290   73,830
25 Contributions, gifts, grants paid....... 959,150 959,150
26 Total expenses and disbursements. Add lines 24 and 25 1,191,270 153,290   1,032,980
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -401,488
b Net investment income (if negative, enter -0-) 633,774
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......... 2,398,064 2,511,002 2,511,002
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) 947,820    
b Investments—corporate stock (attach schedule)....... 16,653,484 Click to see attachment18,791,306 20,824,794
c Investments—corporate bonds (attach schedule)....... 3,877,133 Click to see attachment2,172,705 2,486,953
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 23,876,501 23,475,013 25,822,749
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 23,876,501 23,475,013
29 Total net assets or fund balances (see instructions)..... 23,876,501 23,475,013
30 Total liabilities and net assets/fund balances (see instructions). 23,876,501 23,475,013
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
23,876,501
2
Enter amount from Part I, line 27a .....................
2
-401,488
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
23,475,013
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
23,475,013
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,843,048   3,716,859 126,189
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       126,189
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 126,189
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 8,809
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 8,809
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 8,809
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 11,400
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 11,400
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,591
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet2,591 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDE
    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 addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Edward Ham Dir, Treas
    1.0     		7,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Gail Kashulon Dir, Sec
    1.0     		7,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Martin McLaughlin Sr Dir, Pres
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    TR Rowe Dir, VP
    1.0     		7,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    UBS Financial Services Investment Mgmt 152,947
    8 WRIGHT STREET 3RD FL
    WESTPORT,CT068803100
    Foundation Source Administrative 50,535
    55 Walls Drive 3rd Floor
    Fairfield,CT06824
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    21,697,794
    b
    Average of monthly cash balances.......................
    1b
    2,391,531
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    24,089,325
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    24,089,325
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    361,340
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    23,727,985
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,186,399
    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
    1,186,399
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    8,809
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,809
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,177,590
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,177,590
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,177,590
    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
    1,032,980
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,032,980
    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
    1,032,980
    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 1,177,590
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 446,376
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,032,980
    a Applied to 2019, but not more than line 2a 446,376
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 586,604
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		590,986
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		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.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    ANCHOR ACADEMY INC
    PO BOX 774
    NORWALK,CT06852     		N/A PC to fund school libraries AND SCHOLARSHIP FUND 33,000
    BRIDGEPORT HOSPITAL FOUNDATION INC
    267 GRANT ST
    BRIDGEPORT,CT06610     		N/A PC COVID-19 Support Fund and to purchase one mechanical ventilator for treating COVID-19 patients at the Bridgeport Hospital 35,000
    BRIDGEPORT RESCUE MISSION INC
    PO BOX 9057
    BRIDGEPORT,CT06601     		N/A PC For kitchen renovations at the Bridgeport Rescue Mission's new Smilow Community Care Center 175,000
    BRIDGEPORT RESCUE MISSION INC
    PO BOX 9057
    BRIDGEPORT,CT06601     		N/A PC To fund Holiday Meals for the needy 5,000
    CARDINAL SHEHAN CENTER
    1494 MAIN ST
    BRIDGEPORT,CT06604     		N/A PC Funding to supplement the cost of Summer Camp Program, which benefits 300 young people in grades kindergarten through 8th grade 15,000
    CARDINAL SHEHAN CENTER
    1494 MAIN ST
    BRIDGEPORT,CT06604     		N/A PC To help fund the cost of the After School and Saturday Program for Bridgeport young people in grades kindergarten through 8th grade 30,000
    CARVER FOUNDATION OF NORWALK INC
    7 ACADEMY ST
    NORWALK,CT06850     		N/A PC To help fund activities at the Carver Foundation's Bridgeport location 10,000
    CATHOLIC ACADEMY OF BRIDGEPORT
    63 PEQUONNOCK ST
    BRIDGEPORT,CT06604     		N/A PC financial assistance fund for children to attend Catholic elementary schools at the Academy's four campuses located in the city of Bridgeport: St. Ann's, St. Andrews, St. Augustine's and St. Raphael's 10,000
    CONNECT US INC
    855 MAIN ST 10TH FL
    BRIDGEPORT,CT06604     		N/A PC to provide post secondary educational support to all youth participants in Connect-Us programs, with a specific focus on high school juniors 10,000
    DARIEN DOMESTIC ABUSE COUNCIL INC
    32 SEDGWICK VILLAGE LN
    DARIEN,CT06820     		N/A PC Emergency Funding of COVID-19 related expenses 7,500
    DISCOVERY MUSEUM INC
    4450 PARK AVE
    BRIDGEPORT,CT06604     		N/A PC To fund expenses related to reopening the museum after the COVID-19 shutdown 25,000
    EXCHANGE CLUB OF NEW CANAAN FOUNDATION INC
    PO BOX 1163
    NEW CANAAN,CT06840     		N/A PC To fund work at the Stamford Parenting Skills Center 10,000
    EXCHANGE CLUB OF NEW CANAAN FOUNDATION INC
    PO BOX 1163
    NEW CANAAN,CT06840     		N/A PC To fund work at the Stamford Parenting Skills Center 15,000
    FOUNDATIONS IN CHARITY INC
    238 JEWETT AVE
    BRIDGEPORT,CT06606     		N/A PC General & Unrestricted 25,000
    FOUNDATIONS IN EDUCATION INC
    238 JEWETT AVE
    BRIDGEPORT,CT06606     		N/A PC the Bishop's Scholarship Fund 15,000
    FUTURE 5 INC
    135 ATLANTIC ST
    STAMFORD,CT06901     		N/A PC To support the organization's work in providing vocational skills training 10,000
    GREATER CONNECTICUT YOUTH ORCHESTRAS INC
    PO BOX 645
    FAIRFIELD,CT06824     		N/A PC scholarships fund 5,000
    INSTITUTE OF CHRIST THE KING SOVEREIGN PRIEST INC
    6415 S WOODLAWN AVE
    CHICAGO,IL60637     		N/A PC To fund education, room and board for seminarians serving at Sts. Cyril and Methodius Parishes 20,000
    KIDS IN CRISIS INC
    1 SALEM ST
    COS COB,CT06807     		N/A PC Emergency funding of COVID-19 related expenses 15,000
    MCGIVNEY COMMUNITY CENTER INC
    338 STILLMAN ST
    BRIDGEPORT,CT06608     		N/A PC McGivney After School Program 10,000
    MCGIVNEY COMMUNITY CENTER INC
    338 STILLMAN ST
    BRIDGEPORT,CT06608     		N/A PC McGivney After School Program 30,000
    MCGIVNEY COMMUNITY CENTER INC
    338 STILLMAN ST
    BRIDGEPORT,CT06608     		N/A PC McGivney Summer Day Camp 15,000
    MERCY LEARNING CENTER OF BRIDGEPORT INCORPORATED
    637 PARK AVE
    BRIDGEPORT,CT06604     		N/A PC Emergency Funding of COVID-19 related expenses 15,000
    MERCY LEARNING CENTER OF BRIDGEPORT INCORPORATED
    637 PARK AVE
    BRIDGEPORT,CT06604     		N/A PC To support the Organization's Literacy and Life Skills Tutoring Program 15,000
    NEW CANAAN LIBRARY INC
    151 MAIN ST
    NEW CANAAN,CT06840     		N/A PC Capital Campaign for the New Canaan Library 25,000
    OPERATION SMILE INC
    3641 FACULTY BLVD
    VIRGINIA BEACH,VA23453     		N/A PC To help fund surgeries for cleft lip, cleft palate or other dental conditions 10,000
    SHRINERS HOSPITALS FOR CHILDREN - BOSTON
    51 BLOSSOM ST
    BOSTON,MA02114     		N/A PC To support treatment at the Shriners Hospitals for Children - Boston 15,000
    SPECIAL OLYMPICS CONNECTICUT INC
    2666 STATE ST STE 1
    HAMDEN,CT06517     		N/A PC Special Olympics Connecticut's Health & Wellness Programs and Initiatives 15,000
    SS CYRIL & METHODIUS CHURCH
    79 CHURCH ST
    BRIDGEPORT,CT06608     		N/A PC General & Unrestricted 1,000
    SS CYRIL & METHODIUS CHURCH
    79 CHURCH ST
    BRIDGEPORT,CT06608     		N/A PC To fund improvements to the Convent vacant lot, including the installation of lighting and fencing, blacktop paving, and removal of trees 96,000
    ST JUDE CHILDRENS RESEARCH HOSPITAL INC
    501 ST JUDES PL
    MEMPHIS,TN38105     		N/A PC To support treatment of childhood cancer and other life-threatening disease 10,000
    ST THERESA SCHOOL LLC
    55 ROSEMOND TER
    TRUMBULL,CT06611     		N/A PC To help revitalize Catholic Education at St Theresa's School, by providing funding for the following: Chromebooks, 3rd Grade Teacher Salary and Benefits, New Curriculum resources and library dedication to John and Ethel Kashulon, Annual Scholarships fund and for Principal professional development 109,150
    ST THERESA SCHOOL LLC
    55 ROSEMOND TER
    TRUMBULL,CT06611     		N/A PC To provide additional funding for Chromebooks at St Theresa's School 20,000
    STRATFORD ROTARY CLUB FOUNDATION INC
    7365 MAIN ST NO 205
    STRATFORD,CT06614     		N/A PC to promote reading literacy of local children aged 0-5 to The Dolly Parton's Imagination Library 5,000
    THE CENTER FOR FAMILY JUSTICE INC
    753 FAIRFIELD AVE
    BRIDGEPORT,CT06604     		N/A PC To underwrite the cost of sending 20 campers to Camp HOPE America - Connecticut, for one week 15,000
    THE SALVATION ARMY - BRIDGEPORT CORPS
    30 ELM ST
    BRIDGEPORT,CT06604     		N/A PC To help families living in Bridgeport overcome poverty and achieve stability 10,000
    UNITED STATES CATHOLIC CONFERENCE - CARDINAL KUNG
    948 NEWFIELD AVE
    STAMFORD,CT06905     		N/A PC Funding to purchase computer equipment for school offices, student and teacher print stations, and standardized testing 10,000
    VERITAS CATHOLIC NETWORK INC
    47 POWDERHORN DR
    RIDGEFIELD,CT06877     		N/A PC for the construction of a FM Radio Translator, and for radio operational expenses 50,000
    YOUNG LIFE
    8 SOUND SHORE STE 120
    GREENWICH,CT06836     		N/A PC To support the organization's "YoungLives" program, which helps teen moms and their children in Fairfield County, CT 10,000
    YOUNG LIFE
    8 SOUND SHORE STE 120
    GREENWICH,CT06836     		N/A PC To support the organization's "YoungLives" program, which helps teen moms and their children in Fairfield County, CT 2,500
    Total .................................bullet 3a 959,150
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 4,875  
    4 Dividends and interest from securities....     14 656,000  
    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 ............     		    18 126,189  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFederal Tax Refund     		    01 2,718  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   789,782  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    789,782
    (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


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    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

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

    TY 2020 DepreciationSchedule
    Name:
    The John and Ethel Kashulon Foundation
    EIN:
    82-2658347
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    The John and Ethel Kashulon Foundation
    EIN:
    82-2658347
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AT&T INC - 4.125% - 02/17/2026 148,823 173,399
    BANK AMER CORP - 4.450% - 03/0 249,520 291,325
    CBS CORP - 4.000% - 01/15/2026 195,406 228,900
    INTERNATIONAL PAPER - 3.800% - 196,202 226,604
    KROGER CO NOTE CALL MAKE WHOLE 239,275 280,643
    MORGAN STANLEY - 5.000% - 11/2 260,282 298,832
    MYLAN NV - 3.950% - 06/15/2026 36,076 45,765
    ROPER TECHNOLOGIES INC - 3.850 196,161 227,786
    SALLIE MAE BK - 1.700% - 11/22 239,364 243,540
    TIME WARNER INC - 3.875% - 01/ 194,298 217,944
    WELLS FARGO CO - 4.100% - 06/0 217,298 252,215

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    The John and Ethel Kashulon Foundation
    EIN:
    82-2658347
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 148,440 131,093
    ABBVIE INC 88,777 107,150
    ALERIAN MLP ETF 98,999 46,188
    ALIBABA GROUP HOLDING LTD 53,217 46,546
    ALPHABET INC CL C 296,489 437,970
    ALTRIA GROUP INC 332,179 211,150
    AMAZON COM 292,192 521,109
    AMERICAN BEACON SOUND POINT FL 297,798 265,475
    AMERICAN FDS, AMERICAN HIGH IN 213,432 219,692
    AMERICAN FUNDS BALANCED PORT C 857,534 976,448
    AMERICAN FUNDS GLOBAL GROWTH P 297,107 383,637
    AMERICAN FUNDS GROWTH PORTFOLI 304,669 388,148
    APPLE INC 265,308 597,105
    AT&T, INC 256,710 225,191
    BANK OF AMERICA CORP 180,067 181,860
    BOEING CO 180,920 107,030
    BOSTON SCIENTIFIC 133,726 143,800
    BP PLC SPONSORED ADR 182,471 92,340
    BRISTOL-MYERS SQUIBB CO 189,001 217,105
    CARNIVAL CORP 147,528 64,980
    CHECK POINT SOFTWARE TECHNOLOG 111,911 132,910
    CHUBB LIMITED 103,880 110,822
    CISCO SYSTEMS INC 289,993 313,250
    COMERICA INC 103,301 72,618
    DELTA AIR LINES INC 23,327 20,105
    DOW INC 153,402 151,682
    DU PONT DE NEMOURS 213,543 187,233
    DUKE ENERGY CO 78,870 91,560
    EXXON MOBIL CORP 343,406 193,734
    FACEBOOK INC 158,000 273,160
    FEDEX CORPORATION 199,644 220,677
    FIDELITY ADVISOR REAL ESTATE I 213,814 200,297
    GARRETT MOTION INC 1,061 301
    GENERAL ELECTRIC CO 90,337 54,000
    GLAXOSMITHKLINE PLC 93,042 73,600
    GOLDMAN SACHS GROUP 95,511 106,803
    HONEYWELL INTL 94,464 144,636
    ILLINOIS TOOL WORKS 50,257 65,242
    INT'L FLAVORS & FRAGRANCES INC 76,531 65,304
    INTEL CORP 345,025 348,740
    INTERNATIONAL BUSINESS MACHINE 250,395 207,702
    INTERNATIONAL PAPER CO 162,003 149,160
    ISHARES MSCI INDIA ETF 97,698 108,594
    JOHNSON & JOHNSON 342,155 393,450
    JP MORGAN CHASE 115,964 127,070
    KBW REGIONAL BANKING ETF 60,367 51,950
    KEYCORP 124,155 123,075
    KINDER MORGAN INC 128,005 95,690
    LOCKHEED MARTIN CORP 120,987 141,992
    MCDONALD'S CORP 3,110,621 4,004,062
    MEDTRONIC PLC 269,372 351,420
    MERCK & CO INC 179,460 245,400
    METLIFE INC 154,602 140,850
    MICROSOFT CORP 387,571 489,324
    MORGAN STANLEY 104,548 137,060
    NEW WORLD FUND, INC (F2) 107,372 148,005
    PEOPLE'S UNITED FINANCIAL, INC 131,268 96,975
    PEPSICO INC 97,614 148,300
    PFIZER INC 336,354 368,100
    PPL CORPORATION 181,599 169,200
    PROCTER GAMBLE CO 385,080 644,914
    PRUDENTIAL FINCL INC 148,294 117,105
    QUALCOMM INC 88,681 121,872
    RAYTHEON TECHNOLOGIES CORP 70,198 71,510
    REGIONS FINANCIAL CORP 118,947 128,960
    RESIDEO TECHNOLOGIESINC COM 2,926 2,402
    ROYAL DUTCH SHEL PLC SPONS ADR 251,128 134,776
    SALESFORCE.COM 151,050 178,024
    SELECT SECTOR SPDR ENERGY FUND 150,142 84,896
    THE COCA-COLA CO 191,466 219,360
    UBS ULTRA SHORT INCOME FUND CL 2,089,707 2,089,743
    VANGUARD FTSE EUROPEAN ETF 158,281 163,853
    VERIZON COMMUNICATIONS 196,989 205,625
    VIATRIS ORD SHS 16,510 20,914
    VISA INC 190,844 262,476
    VODAFONE GROUP PLC 158,183 94,430
    WABTEC 1,616 1,537
    WALT DISNEY HOLDINGS CO 176,538 318,877
    WELLS FARGO & CO 126,733 75,450

    TY 2020 OtherExpensesSchedule
    Name:
    The John and Ethel Kashulon Foundation
    EIN:
    82-2658347
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 50,535     50,535
    Bank Charges 278 278    
    Indemnification Insurance 1,025     1,025
    Postage/Delivery Service 282     282
    State or Local Filing Fees 25     25


    TY 2020 OtherIncomeSchedule2
    Name:
    The John and Ethel Kashulon Foundation
    EIN:
    82-2658347
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Federal Tax Refund 2,718    


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    The John and Ethel Kashulon Foundation
    EIN:
    82-2658347
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 152,947 152,947    


    TY 2020 TaxesSchedule
    Name:
    The John and Ethel Kashulon Foundation
    EIN:
    82-2658347
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 5,000      
    Foreign Tax Paid 65 65