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
TUCKER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)9337 BRADMORE LANE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OOLTEWAH, TN37363
A Employer identification number

62-1603398
B Telephone number (see instructions)

(423) 756-1202
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$77,094,249J 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 16,424 12,412  
4 Dividends and interest from securities... 1,693,207 1,693,207  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 748,694
b Gross sales price for all assets on line 6a 4,771,571
7 Capital gain net income (from Part IV, line 2)... 748,694
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 129,090 118,113  
12 Total. Add lines 1 through 11........ 2,587,415 2,572,426  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 320,034 160,017   160,017
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 24,166 12,083   12,083
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 156,193 78,097   78,096
17 Interest............... 25,346 25,346   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 58,468 3,781   3,781
19 Depreciation (attach schedule) and depletion... Click to see attachment 2,257 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 16 8   8
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 172,398 248,135   -75,737
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 758,878 527,467   178,248
25 Contributions, gifts, grants paid....... 1,782,512 1,782,512
26 Total expenses and disbursements. Add lines 24 and 25 2,541,390 527,467   1,960,760
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 46,025
b Net investment income (if negative, enter -0-) 2,044,959
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............. 1,539,291 1,362,615 1,362,615
2 Savings and temporary cash investments.........      
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   600,000 0 0
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)....... 38,044,059 Click to see attachment37,901,165 48,156,660
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 26,629,533 Click to see attachment27,785,781 27,573,172
14 Land, buildings, and equipment: basis bullet18,845
Less: accumulated depreciation (attach schedule) bullet17,043 309 Click to see attachment1,802 1,802
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 66,813,192 67,051,363 77,094,249
Liabilities 17 Accounts payable and accrued expenses..........   15,000
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 1,390,400 1,460,500
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 1,390,400 1,475,500
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........... 65,422,792 65,575,863
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 65,422,792 65,575,863
30 Total liabilities and net assets/fund balances (see instructions). 66,813,192 67,051,363
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
65,422,792
2
Enter amount from Part I, line 27a .....................
2
46,025
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
107,046
4
Add lines 1, 2, and 3 ..........................
4
65,575,863
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
65,575,863
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 JP MORGAN - 004 P    
b JP MORGAN - 004 P    
c GT EMERGING MARKETS QP, LP P    
d HEADLANDS CAPITAL SECONDARY FUND II, LP P    
e HEADLANDS CAPITAL SECONDARY FUND II, LP P    
PALLADIAN PARTNERS IX P    
PALLADIAN PARTNERS IX P    
JP MORGAN - 006 P    
JP MORGAN - 0001 P    
JP MORGAN - 007 P    
SUNTRUST - 7294 P    
GT OFFSHORE P    
JP MORGAN - 007 P    
JP MORGAN - 006 P    
SUNTRUST - 7294 P    
KT PARTNERS P    
KT PARTNERS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 810,081   807,056 3,025
b 971,021   948,237 22,784
c     44,060 -44,060
d 108,681     108,681
e     343 -343
1,303     1,303
8,214     8,214
66,289   62,859 3,430
10,934   10,598 336
41,959   41,339 620
350,274   332,062 18,212
12,921     12,921
85,727   88,909 -3,182
279,468   285,283 -5,815
2,019,126   1,396,469 622,657
    5,662 -5,662
5,573     5,573
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       3,025
b       22,784
c       -44,060
d       108,681
e       -343
      1,303
      8,214
      3,430
      336
      620
      18,212
      12,921
      -3,182
      -5,815
      622,657
      -5,662
      5,573
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 2 748,694
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 28,425
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 28,425
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 28,425
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 47,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 52,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 23,575
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet21,000 RefundedBullet 11 2,575
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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
     
    No
    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)
    bulletTN
    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 addressbulletNA
    14
    The books are in care ofbulletPAM CUZZORT Telephone no.bullet (423) 664-2107

    Located atbullet9337 BRADMORE LANEOOLTEWAHTN ZIP+4bullet37363
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........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
    PAMELA K CUZZORT TREASURER
    1.00     		0 0 0
    9337 BRADMORE LANE
    OOLTEWAH,TN37363
    LAVINIA J JOHNSTON TRUSTEE
    1.00     		0 0 0
    9337 BRADMORE LANE
    OOLTEWAH,TN37363
    DAVID Y SMITH PRESIDENT
    1.00     		0 0 0
    9337 BRADMORE LANE
    OOLTEWAH,TN37363
    GILLIAN E JOHNSTON TRUSTEE
    1.00     		0 0 0
    9337 BRADMORE LANE
    OOLTEWAH,TN37363
    ROBERT T JOHNSTON TRUSTEE
    1.00     		0 0 0
    9337 BRADMORE LANE
    OOLTEWAH,TN37363
    KATHERINE TUDOR TRUSTEE
    1.00     		0 0 0
    9337 BRADMORE LANE
    OOLTEWAH,TN37363
    AMY MOORE VICE PRESIDENT
    1.00     		83,950 13,457 4,800
    9337 BRADMORE LANE
    OOLTEWAH,TN37363
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    68,540,331
    b
    Average of monthly cash balances.......................
    1b
    1,241,671
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    69,782,002
    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
    69,782,002
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,046,730
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    68,735,272
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,436,764
    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
    3,436,764
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    28,425
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    28,425
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,408,339
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    91,244
    5
    Add lines 3 and 4............................
    5
    3,499,583
    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
    3,499,583
    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
    1,960,760
    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
    1,960,760
    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
    1,960,760
    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 3,499,583
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016...... 2,262,904
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 2,262,904
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,960,760
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 1,960,760
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 1,538,823 1,538,823
    (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 5 724,081
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		724,081
    10 Analysis of line 9:
    a Excess from 2016.... 724,081
    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 e-mail address of the person to whom applications should be addressed:
    DAVID SMITH
    9337 BRADMORE LANE
    OOLTEWAH,TN37363
    (423) 664-2107
    bThe form in which applications should be submitted and information and materials they should include:
    THERE IS NO SPECIFIED FORMAT REQUIRED
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE GENERALLY FOCUSED IN HAMILTON AND BRADLEY COUNTIES OF EAST TENNESSEE AND ATLANTA, GEORGIA, BUT THEY ARE NOT LIMITED TO THESE LOCALES.
    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
    AMERICAN HUMANE
    251 ROYAL PALM WAY SUITE 450
    PALM BEACH,FL33480     		  PC PUPS 4 PATRIOTS 1,000
    ARTSBUILD
    301 E 11TH STREET SUITE 300
    CHATTANOOGA,TN37403     		  PC IMAGINE! ARTS EDUCATION INITIATIVE 3,000
    BETHEL BIBLE VILLAGE
    PO BOX 729
    HIXSON,TN37343     		  PC DISRUPTING THE PATTERN OF CRISIS 15,000
    BIG BORN EDUCATION FUND
    PO BOX 615
    BIG HORN,WY82833     		  PC GENERAL SUPPORT 5,000
    BOONE STRIBLING
    777 GLADES ROAD
    BOCA RATON,FL33431     		  PC SCHOLARSHIP 2,616
    BRADLEY CLEVELAND PUBLIC EDUCATION FOUNDATION
    PO BOX 4354
    CLEVELAND,TN37320     		  PC PATH TO OPERATIONAL SUSTAINABILITY 25,000
    BRIAR LEE
    615 MCCALLIE AVENUE
    CHATTANOOGA,TN37403     		  PC SCHOLARSHIP 5,130
    BROOKE USA INC
    2333 ALEXANDRIA DRIVE
    LEXINGTON,KY40504     		  PC GENERAL SUPPORT 6,500
    CAMELLIA FOUNDATION
    1300 E 23RD STREET
    CHATTANOOGA,TN37404     		  PC GENERAL SUPPORT 2,500
    CAMERON BROWN
    1910 UNIVERSITY DRIVE
    BOISE,ID83725     		  PC SCHOLARSHIP 13,264
    CARIDAD CENTER INC
    8645 W BOYNTON BEACH BLVD
    BOYNTON BEACH,FL33472     		  PC GENERAL SUPPORT 1,000
    CHAMBLISS CENTER FOR CHILDREN
    315 GILLESPIE ROAD
    CHATTANOOGA,TN37411     		  PC INVESTING IN TEACHERS TO EMPOWER FAMILIES 25,000
    CHARLES H COOLIDGE NATIONAL MEDAL OF HONOR HERITAGE CENTER
    PO BOX 11467
    CHATTANOOGA,TN37401     		  PC GENERAL SUPPORT 3,000
    CHATTANOOGA CHRISTIAN SCHOOL
    3354 CHARGER DRIVE
    CHATTANOOGA,TN37409     		  PC GENERAL SUPPORT/NEIGHBORHOOD K-5 MICRO SCHOOLS: THE KING SCHOOL 102,500
    CHATTANOOGA COMMUNITY KITCHEN
    PO BOX 11203
    CHATTANOOGA,TN37401     		  PC FAST DAY CAMPAIGN 2020 2,000
    CHATTANOOGA GIRLS LEADERSHIP ACADEMY
    PO BOX 3859
    CHATTANOOGA,TN37404     		  PC EMERGENCY BACKPACK RELIEF FUND 1,000
    CHEROKEE AREA COUNCIL BOY SCOUTS OF AMERICA
    6031 LEE HIGHWAY
    CHATTANOOGA,TN37421     		  PC SCOUTREACH PROGRAM 5,000
    CLEVELAND STATE COMMUNITY COLLEGE
    PO BOX 3570
    CLEVELAND,TN37320     		  PC ANNUAL SUPPORT 2,000
    COLLIN DOTY
    3535 ADKISSON DRIVE
    CLEVELAND,TN37312     		  PC SCHOLARSHIP 707
    CYSTIC FIBROSIS FOUNDATION
    700 SOUTH DIXIE HIGHWAY SUITE 100
    WEST PALM BEACH,FL33401     		  PC GENERAL SUPPORT 1,000
    DAVID MESA
    2448 EDGEWATER DR
    WEST PALM BEACH,FL33406     		  PC SCHOLARSHIP 1,566
    ERLANGER HEALTH SYSTEMS FOUNDATION
    975 E 3RD ST SUITE B-508
    CHATTANOOGA,TN37403     		  PC HEALTH SERVICES 198,098
    FELLOWSHIP OF CHRISTIAN ATHLETES
    PO BOX 338
    HIXSON,TN37343     		  PC GENERAL SUPPORT 2,000
    GA COLLEGE & STATE UNIVERSITY
    320 N WAYNE STREET
    MILLEDGEVILLE,GA31061     		  PC SCHOLARSHIP - EMMA DRIVER 121
    GRAYSON-JOCKEY CLUB RESEARCH FOUNDATION INC
    821 CORPORATE DRIVE
    LEXINGTON,KY40503     		  PC ANNUAL SUPPORT 10,000
    HANLEY CENTER FOUNDATION INC
    700 SOUTH DIXIE HIGHWAY SUITE 103
    WEST PALM BEACH,FL33401     		  PC GENERAL SUPPORT 1,000
    HANNAH GRACE MOORE
    3850 BOW STREET NE
    CLEVELAND,TN37312     		  PC SCHOLARSHIP - HANNAH GRACE MOORE 9,754
    HUNTER MUSEUM OF ART
    10 BLUFF VIEW
    CHATTANOOGA,TN37403     		  PC GENERAL SUPPORT 5,000
    JOE W JACKSON MEMORIAL SCHOLARSHIPCFGC
    1270 MARKET STREET
    CHATTANOOGA,TN37402     		  PC SCHOLARSHIPS 10,000
    KENTUCKY HORSE PARK FOUNDATION
    4037 IRON WORKS PARKWAY
    LEXINGTON,KY40511     		  PC GENERAL SUPPORT 1,765
    LAND TRUST ALLIANCE
    PO BOX 33355
    RALIEGH,NC27636     		  PC 2020 SOUTHEAST CONFERENCE 5,000
    LEE UNIVERSITY
    1120 N OCOEE STREET
    CLEVELAND,TN37311     		  PC GENERAL SUPPORT/STRING THEORY SEASON XII PROGRAMMING 11,000
    LOOKOUT MOUNTAIN CONSERVANCY
    PO BOX 76
    LOOKOUT MOUNTAIN,TN37350     		  PC GENERAL SUPPORT 78,818
    MAGGIE BENTLEY
    BOX 70732
    JOHNSON CITY,TN37614     		  PC SCHOLARSHIP - MAGGIE BENTLEY 10,373
    MCCOY FARM AND GARDEN
    PO BOX 443
    SIGNAL MOUNTAIN,TN37377     		  PC FURTHER IMPROVEMENTS TO MCCOY FARM & GARDENS 25,000
    METROPOLITAN MINISTRIES INC (METMIN)
    1112 MCCALLIE AVE
    CHATTANOOGA,TN37404     		  PC FILL PEGGY'S PURSE/COVID-19 RELIEF AND RECOVERY/PROGRAM IMPACT MANAGEMENT PROJECT 80,000
    NATIONAL MUSEUM OF RACING INC
    191 UNION AVENUE
    SARATOGA SPRINGS,NY12866     		  PC GENERAL SUPPORT 11,500
    NATIONAL SPORTING LIBRARY INCORPORATED
    PO BOX 1335
    MIDDLEBURG,VA20118     		  PC GENERAL SUPPORT 2,500
    NORTHSIDE NEIGHBORHOOD HOUSE
    211 MINOR STREET
    CHATTANOOGA,TN37405     		  PC COMMUNITY IN SCHOOLS 15,000
    ON POINT
    4509 HIXSON PIKE 1
    HIXSON,TN37343     		  PC CULTIVATING THE PATH FORWARD FOR ON POINT CLEVELAND YOUTH!/CULTIVATING YOUTH'S STRENGTHS IN THE OPPORTUNITY ZONE 150,000
    PLACE OF HOPE INC
    9078 ISAIAH LANE
    PALM BEACH,FL33416     		  PC HUMAN SOCIAL SERVICES / COMPREHENSIVE CHILD WELFARE PROGRAMS 25,000
    POLO PLAYERS SUPPORT GROUP
    11924 FOREST HILL BLVD SUITE
    10-A-287
    WELLINGTON,FL33414     		  PC GENERAL SUPPORT 5,000
    POLO TRAINING FOUNDATION
    70 CLINTON STREET
    TULLY,NY13159     		  PC GENERAL SUPPORT 2,000
    RETIRED RACEHORSE PROJECT
    2976 SOLOMONS ISLAND ROAD
    EDGEWATER,MD21037     		  PC GENERAL SUPPORT 5,000
    SADDLE UP
    1549 OLD HILLSBORO ROAD
    FRANKLIN,TN37069     		  PC CHUKKERS FOR CHARITY 1,000
    SAMARITAN'S PURSE
    PO BOX 3000
    BOONE,NC28607     		  PC DISASTER RELIEF, NASHVILLE, COOKEVILLE AND MT. JULIET 5,000
    SHERIDAN COMMUNITY LAND TRUST
    PO BOX 7185
    SHERIDAN,WY82801     		  PC ENVIRONMENTAL CONSERVATION / FUTURE TRIALS FROM PRIARIE TO PEAKS 17,500
    SHERIDAN COUNTY RODEO
    PO BOX 279
    SHERIDAN,WY82801     		  PC GNERAL SUPPORT 300
    SKYUKA HALL
    5600 BRAINERD ROAD
    CHATTANOOGA,TN37411     		  PC PROVIDING VITAL FINANCIAL ASSISTANCE AND OPPORTUNITY TO CHILDREN WITH LEARNING DIFFERENCES 25,000
    ST ANDREW'S - SEWANEE SCHOOL
    290 QUINTARD ROAD
    SEWANEE,TN37375     		  PC ST. ANDREW'S-SEWANEE SCHOOL ANNUAL SCHOLARSHIP FUND 10,000
    STURGEON CITY OF JACKSONVILLE
    PO BOX 1056
    JACKSONVILLE,NC28541     		  PC GENERAL SUPPORT 12,500
    THE BRINTON MUSEUM
    PO BOX 460
    BIG HORN,WY82833     		  PC ARTS, HUMANITIES, CULTURE 50,000
    THE CENTENARY
    PO BOX 208
    CHATTANOOGA,TN37404     		  PC THE CENTENARY AFTER SCHOOL PROGRAM AT WHITE OAK UNITED METHODIST CHURCH 30,000
    THE EVERGLADES FOUNDATION
    18001 OLD CUTLER ROAD SUITE 625
    PALMETTO BAY,FL33157     		  PC GENERAL SUPPORT 10,000
    THE FOOD GROUP INC
    PO BOX 6702
    SHERIDAN,WY82801     		  PC WEEKEND FOOD BAGS 15,000
    THE LAND TRUST FOR TENNESSEE
    1216 E MAIN ST
    CHATTANOOGA,TN37404     		  PC SOUTHEAST TENNESSEE LAND PROTECTION EFFORTS 10,000
    THE NATURE CONSERVANCY OF TENNESSEE
    210 25TH AVENUE NORTH SUITE 810
    NASHVILLE,TN37203     		  PC CONNECTING THE CUMBERLANDS (LOAN FORGIVENESS) 100,000
    THE UNIVERSITY OF THE SOUTH
    735 UNIVERSITY AVENUE
    SEWANEE,TN37383     		  PC SCHOLARSHIPS 50,000
    THOROUGHBRED RETIREMENT FOUNDATION
    PO BOX 834
    SARATOGA SPRINGS,NY12866     		  PC GENERAL SUPPORT 7,500
    TRI-STATE EXHIBITION CENTER THERAPEUTIC RIDING CENTER
    PO BOX 1371
    CLEVELAND,TN37364     		  PC GENERAL SUPPORT / TRI-STATE EXHIBITION CENTER THERAPEUTIC RIDING CENTER 11,000
    UNITED WAY OF THE OCOEE REGION
    85 SOUTH OCOEE STREET
    CLEVELAND,TN37311     		  PC UNITED WAY OF THE OCOEE REGION EMERGENCY RELIEF FUND 10,000
    UNITY CENTER
    PO BOX 3
    CLEVELAND,TN37364     		  PC BIGGIE BOX COMMUNITY OUTREACH 15,000
    VINCEREMOS THERAPEUTIC RIDING CENTER INC
    13300 6TH COURTH N
    LOXAHATCHEE,FL33470     		  PC GENERAL SUPPORT 5,000
    YMCA OF METROPOLITAN CHATTANOOGA
    301 WEST SIXTH STREET
    CHATTANOOGA,TN37402     		  PC YMCA Y-CAP 10,000
    CHATTANOOGA HISTORY CENTER
    400 CHESTNUT STREET
    CHATTANOOGA,TN37402     		  PC WRITE OFF OF NOTE RECEIVABLE 500,000
    Total .................................bullet 3a 1,782,512
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 16,424  
    4 Dividends and interest from securities....     14 1,693,207  
    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.....     01 129,090  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 748,694  
    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 2,587,415 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,587,415
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

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

    TY 2020 DepreciationSchedule
    Name:
    TUCKER FOUNDATION
    EIN:
    62-1603398
    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
    DESK-HAYNE 2013-02-12 361 172 200DB 7.000000000000 8 0    
    DESK-AMY 2013-02-13 945 451 200DB 7.000000000000 21 0    
    COMPUTER SOFTWARE 2013-02-12 13,500 13,500 SL 3.000000000000 0 0    
    PRINTER 2013-02-20 134 67 200DB 5.000000000000 0 0    
    COMPUTER - AMY 2016-02-25 1,781 736 200DB 5.000000000000 103 0    
    MACBOOK PRO 13 - AMY 2020-03-11 2,125   200DB 5.000000000000 2,125 0    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    TUCKER FOUNDATION
    EIN:
    62-1603398
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1,022,133 SHS COCA-COLA EUROPEAN PARTNERS PLC. 37,901,165 48,156,660

    TY 2020 InvestmentsOtherSchedule2
    Name:
    TUCKER FOUNDATION
    EIN:
    62-1603398
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GENSPRING AT COST 3,194,814 3,170,256
    BESSEMER TRUST AT COST 12,594,271 12,594,271
    SILVER SPRING CAPITAL AT COST 3,002,280 3,002,280
    HEADLANDS CAPITAL AT COST 693,858 602,919
    JP MORGAN AT COST 4,447,292 4,488,286
    GT OFFSHORE AT COST 1,216,039 1,121,355
    GT EMERGING MKTS AT COST 961,034 1,021,531
    PALLADIAN IX AT COST 430,589 435,780
    CORE SENIOR OFFSHORE AT COST 778,953 677,865
    HARBOURVEST AT COST 250,023 250,023
    KT PARTNERS AT COST 216,628 208,606

    TY 2020 LandEtcSchedule2
    Name:
    TUCKER FOUNDATION
    EIN:
    62-1603398
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    DESK-HAYNE 361 361 0  
    DESK-AMY 945 945 0  
    COMPUTER SOFTWARE 13,500 13,500 0  
    PRINTER 134 134 0  
    COMPUTER - AMY 1,781 1,730 51  
    MACBOOK PRO 13 - AMY 2,125 2,125 0  


    TY 2020 OtherExpensesSchedule
    Name:
    TUCKER FOUNDATION
    EIN:
    62-1603398
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 1,109 555   554
    CORE SENIOR OFFSHORE FUND 421 421   0
    DUES & SUBSCRIPTIONS 1,997 999   998
    EMPLOYEE INSURANCE 14,290 7,145   7,145
    GAS & OIL 8,900 4,450   4,450
    GT EMERGING MARKETS EXPENSES 28,231 28,231   0
    HEADLANDS CAPITAL EXPENSES 42,252 42,252   0
    HRO PAYROLL SERVICES 1,085 543   542
    INVESTMENT EXPENSE 138,567 138,567   0
    OFFICE SUPPLIES 588 294   294
    PALLADIAN IX 15,421 15,421   0
    TELEPHONE 1,214 607   607
    WORKERS COMP 1,705 853   852
    COMPUTERS 110 55   55
    KT PARTNERS - EXPENSES 7,733 7,733   0
    POSTAGE 19 9   10
    PRIOR YEAR OVERSTATED DONATIONS -91,244 0   -91,244


    TY 2020 OtherIncomeSchedule2
    Name:
    TUCKER FOUNDATION
    EIN:
    62-1603398
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    HEADLANDS CAPITAL 11,008 11,008 11,008
    GT EMERGING MARKETS QP 1,497 1,497 1,497
    GT OFFSHORE FUND 81,763 81,763 81,763
    PALLADIAN PARTNERS IX -395 -395 -395
    SUNTRUST - OTHER INCOME 956 956 956
    KT PARTNERS 9,703 9,703 9,703
    TAKE OUT UBTI GAIN 0 -10,977 0
    HARBOURVEST 24,558 24,558 24,558


    TY 2020 OtherIncreasesSchedule
    Name:
    TUCKER FOUNDATION
    EIN:
    62-1603398
    Description Amount
    UNREALIZED APPRECIATION 107,046


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    TUCKER FOUNDATION
    EIN:
    62-1603398
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES 156,193 78,097   78,096


    TY 2020 TaxesSchedule
    Name:
    TUCKER FOUNDATION
    EIN:
    62-1603398
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 7,542 3,771   3,771
    TAXES & LICENSES 20 10   10
    FEDERAL INCOME TAX 50,906 0   0