Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
RICHARD & BARBARA GABY FOUNDATION
CO BRIDGES & DUNN-RANKIN LLP
Number and street (or P.O. box number if mail is not delivered to street address)400 GALLERIA PARKWAY 1050
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ATLANTA, GA30339
A Employer identification number

20-2110682
B Telephone number (see instructions)

(770) 563-8888
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$98,596,879J 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 350 350  
4 Dividends and interest from securities... 1,457,871 1,435,080  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -259,237
b Gross sales price for all assets on line 6a 7,297,877
7 Capital gain net income (from Part IV, line 2)...  
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 2,385,081 2,391,884  
12 Total. Add lines 1 through 11........ 3,584,065 3,827,314  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 59,882 59,882    
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 2,965 2,965    
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 26,389 6,597    
c Other professional fees (attach schedule).... Click to see attachment 319,838 319,810    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 58,003 27,155    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 1,169 1,118    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 468,246 417,527   0
25 Contributions, gifts, grants paid....... 7,590,966 7,590,966
26 Total expenses and disbursements. Add lines 24 and 25 8,059,212 417,527   7,590,966
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,475,147
b Net investment income (if negative, enter -0-) 3,409,787
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......... 3,674,435 4,001,853 4,001,853
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) 2,901,448 Click to see attachment2,468,010 2,606,169
b Investments—corporate stock (attach schedule)....... 670,393    
c Investments—corporate bonds (attach schedule)....... 9,616,986 Click to see attachment9,471,640 9,616,457
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 68,135,541 Click to see attachment64,921,951 82,121,854
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment218,199 Click to see attachment250,546 Click to see attachment250,546
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 85,217,002 81,114,000 98,596,879
Liabilities 17 Accounts payable and accrued expenses.......... 21,143 9,580
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)......... 21,143 9,580
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 85,195,859 81,104,420
29 Total net assets or fund balances (see instructions)..... 85,195,859 81,104,420
30 Total liabilities and net assets/fund balances (see instructions). 85,217,002 81,114,000
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
85,195,859
2
Enter amount from Part I, line 27a .....................
2
-4,475,147
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
385,002
4
Add lines 1, 2, and 3 ..........................
4
81,105,714
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,294
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
81,104,420
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 - NT X6943 P 2020-01-15 2020-02-15
b PUBLICLY TRADED SECURITIES - NT X4707 P 2020-01-15 2020-02-15
c STCL FROM K-1'S P 2020-01-15 2020-05-15
d PUBLICLY TRADED SECURITIES - NT X6943 P 2015-01-31 2020-12-15
e PUBLICLY TRADED SECURITIES - NT X4707 P 2015-01-31 2020-12-15
LTCG FROM K-1'S P 2015-01-15 2020-12-20
SILVER POINT CAPITAL OFFSHORE LTD CL H P 2015-05-10 2020-03-31
PINE RIVER FIXED INCOME LTD CL A P 2015-05-10 2020-06-30
CANYON BALANCED FUND GROUP A SER INITIAL P 2015-05-15 2020-09-30
FCM LARGE CAP II, LLC - LIQUIDATION P 2015-05-15 2020-12-31
Capital Gain Dividends      
(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 1,273,818   1,175,604 98,214
b 103,430   103,065 365
c     494,461 -494,461
d 1,921,330   2,695,351 -774,021
e 2,110,031   2,055,503 54,528
518,361     518,361
996,188   764,500 231,688
12,360   18,640 -6,280
263,168   249,990 13,178
126     126
      99,065
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       98,214
b       365
c       -494,461
d       -774,021
e       54,528
      518,361
      231,688
      -6,280
      13,178
      126
       
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 -259,237
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 -395,882
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 47,396
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 47,396
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 47,396
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 146,548
b Exempt foreign organizations—tax withheld at source...... 6b  
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.............. 7 146,548
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 99,152
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet99,152 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
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
    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)
    bulletGA
    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
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletBRIDGES & DUNN-RANKIN LLP Telephone no.bullet (770) 563-8888

    Located atbullet400 GALLERIA PARKWAY SUITE 1050ATLANTAGA ZIP+4bullet30339
    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
    BARBARA VAN ANDEL GABY Trustee
    0.00     		0    
    445 OLD HOMESTEAD TRAIL
    JOHNS CREEK,GA30097
    RICHARD GABY Trustee
    15.00     		40,000 19,882  
    445 OLD HOMESTEAD TRAIL
    JOHNS CREEK,GA30097
    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  
    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.............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
    85,299,570
    b
    Average of monthly cash balances.......................
    1b
    4,653,969
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    89,953,539
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    89,953,539
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,349,303
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    88,604,236
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,430,212
    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
    4,430,212
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    47,396
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    47,396
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,382,816
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,382,816
    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
    4,382,816
    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
    7,590,966
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    7,590,966
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    7,590,966
    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 4,382,816
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 4,310,753
    b From 2016...... 7,971,669
    c From 2017...... 4,642,330
    d From 2018...... 3,457,661
    e From 2019......  
    fTotal of lines 3a through e........ 20,382,413
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 7,590,966
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 4,382,816
    e Remaining amount distributed out of corpus 3,208,150
    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 23,590,563
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		4,310,753
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		19,279,810
    10 Analysis of line 9:
    a Excess from 2016.... 7,971,669
    b Excess from 2017.... 4,642,330
    c Excess from 2018.... 3,457,661
    d Excess from 2019....  
    e Excess from 2020.... 3,208,150
    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).)
    BARBARA VAN ANDEL GABY
    RICHARD GABY
    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
    A BEACON OF HOPE
    2750 OLD ALABAMA RD SUITE 100
    JOHNS CREEK,GA30022     		N/A PC CHRISTIAN CHARITY 5,000
    ACTON INSTITUTE
    98 E FULTON STREET
    GRAND RAPIDS,MI49503     		N/A PC STUDY OF RELIGION AND LIBERTY 15,000
    ARETE SCHOLARS FUND INC
    3617 BRASELTON HWY SUITE 101
    DACULA,GA30019     		N/A PC CHILDREN'S EDUCATION 35,000
    CHRISTIAN LEADERS INSTITUTE
    17771 WEST SPRING LAKE ROAD
    SPRING LAKE,MI49456     		N/A PC CHRISTIAN CHARITY 100,000
    CITY OF REFUGE
    1300 JOSEPH E BOONE BLVD NW
    ATLANTA,GA30314     		N/A PC COMMUNITY SUPPORT 85,000
    COMPASSION INTERNATIONAL
    12290 VOYAGER PARKWAY
    COLORADO SPRINGS,CO80921     		N/A PC CHRISTIAN HUMANITARIAN AID 1,500
    CREATION RESEARCH SOCIETY
    1 WEST FIRESTORM WAY 145
    GLENDALE,AZ85306     		N/A PC CHRISTIAN - EDUCATION 15,000
    CRU CAMPUS CRUSADE FOR CHRIST
    100 LAKE HART DRIVE 3600
    ORLANDO,FL32832     		N/A PC CHRISTIAN CHARITY 1,000
    FAMILY LIFE CAMPUS CRUSADE FOR CHRI
    5800 RANCH DRIVE
    LITTLE ROCK,AR72223     		N/A PC CHRISTIAN CHARITY 500,000
    GEORGIA CENTER FOR OPPORTUNITY
    333 RESEARCH COURT SUITE 210
    NORCROSS,GA30092     		N/A PC PUBLIC POLICY 400,000
    GO TO NATIONS
    PO BOX 10305
    JACKSONVILLE,FL32247     		N/A PC CHRISTIAN HUMANITARIAN AID 102,000
    HERITAGE FOUNDATION
    214 MASSACHUSSETS AVENUE
    WASHINGTON,DC20002     		N/A PC PUBLIC POLICY 2,000,000
    HOME SCHOOL LEGAL DEFENSE ASSOCIATI
    PO BOX 3000
    PURCELLVILLE,VA20134     		N/A PC CHILDREN'S EDUCATION 25,000
    HUMAN COALITION
    7800 N DALLAS PARKWAY SUITE 550
    PLANO,TX75024     		N/A PC HUMAN RIGHTS ORGANIZATION 250,000
    INSTEP INTERNATIONAL
    41 PERIMETER CENTER EAST SUITE 510
    ATLANTA,GA30346     		N/A PC CHRISTIAN HUMANITARIAN AID 10,000
    JOURNEY SCHOOL PARENT CABINET
    27102 FOXBOROUGH
    ALISO VIEJO,CA92656     		N/A PC CHILDREN'S EDUCATION 3,000
    KEY LIFE MINISTRIES
    PO BOX 945000
    MAITLAND,FL32794     		N/A PC CHRISTIAN CHARITY 200,000
    MANNA SCHOLARSHIP
    3305 BRECKENRIDGE BLVD STE 116
    DULUTH,GA30096     		N/A PC COMMUNITY SUPPORT 65,000
    MOVING PICTURE INSTITUTE
    375 GREENWICH STREET
    NEW YORK,NY10013     		N/A PC PUBLIC POLICY 30,000
    NATIONAL ASSOCIATION OF SCHOLARS
    420 MADISON AVENUE 7TH FLOOR
    NEW YORK,NY10017     		N/A PC PUBLIC POLICY 5,000
    NATIONAL REVIEW INSTITUTE
    19 WEST 44TH STREET SUITE 1701
    NEW YORK,NY10036     		N/A PC PUBLIC POLICY 25,000
    NETWORK OF ENLIGHTENED WOMEN
    1360 EAST CAPITOL STREET NE
    WASHINGTON,DC20003     		N/A PC PUBLIC POLICY 15,000
    ORPHAN HELPERS
    727 J CLYDE MORRIS SUITE D
    NEWPORT NEWS,VA23601     		N/A PC CHRISTIAN CHARITY 75,000
    PATHWAYS2LIFE
    4720 PEACHTREE INDUSTRIAL BLVD 201
    BERKELEY LAKE,GA30071     		N/A PC COMMUNITY SUPPORT 50,000
    PERIMETER CHURCH
    9500 MEDLOCK BRIDGE ROAD
    DULUTH,GA30097     		N/A PC CHURCH 1,460,000
    PHILANTHROPY ROUNDTABLE
    1120 20TH STREET NW SUITE 550
    WASHINGTON,DC20036     		N/A PC PUBLIC POLICY 10,000
    PIONEERS
    10123 WILLIAM CAREY DRIVE
    ORLANDO,FL32832     		N/A PC CHRISTIAN HUMANITARIAN AID 12,000
    PROMISE 686
    19 HOLCOMB BRIDGE ROAD
    NORCROSS,GA30071     		N/A PC CHRISTIAN CHARITY 5,000
    ROMANIA CHRISTIAN ENTERPRISES
    21058 UNISON ROAD SE
    MIDDLEBURG,VA20117     		N/A PC CHRISTIAN CHARITY 20,000
    SAINT MARY'S FOUNDATION
    200 JEFFERSON AVENUE SE
    GRAND RAPIDS,MI49503     		N/A PC HOSPITAL 2,500
    UBORA TZ INC
    4575 WEBB BRIDGE ROAD 5487
    ALPHARETTA,GA30023     		N/A PC CHRISTIAN HUMANITARIAN AID 119,608
    VICTORIA'S FRIENDS INC
    345 PEACHTREE INDUSTRIAL BLVD 1202
    SUWANEE,GA30024     		N/A PC PREVENTION OF SEXUAL EXPLOITATION 57,295
    YOUNG LIFE ROMEFLOYD COUNTY
    3 CENTRAL PLAZA SUITE 216
    ROME,GA30161     		N/A PC YOUTH ORGANIZATION 1,000
    ALLIANCE DEFENDING FREEDOM
    15100 NORTH 90TH STREET
    SCOTTSDALE,AZ85260     		N/A PC GENERAL SUPPORT 50,000
    ASHBROOK CENTER
    401 COLLEGE AVENUE
    ASHLAND,OH44805     		N/A PC PUBLIC POLICY 10,000
    BETHANY CHRISTIAN SERIVCE
    901 EASTERN AVENUE NE PO BOX 294
    GRAND RAPIDS,MI49501     		N/A PC MERCY CHILDREN 65,000
    FNDN FOR LIBERTY AMERICAN GREATNESS
    PO BOX 911
    COLLEYVILLE,TX76034     		N/A PC PUBLIC POLICY 10,000
    GEORGIA STUDENT SCHOLARSHIP ORGANIZ
    PO BOX 1752
    CUMMING,GA30028     		N/A PC EDUCATION 5,000
    GEORGIA HOME EDUCATION ASSOCIATION
    2250 OAK ROAD PO BOX 229
    SNELLVILLE,GA30078     		N/A PC EDUCATION 5,000
    GOD'S WORLD PUBLICATION
    PO BOX 20002
    ASHEVILLE,NC28802     		N/A PC NEXT GENERATION 75,000
    GROUNDWIRE
    PO BOX 1323
    CASTLE ROCK,CO80104     		N/A PC CHRISTIAN ORGANIZATION 15,000
    LAZOS INC
    3606 DECATUR STREET
    DENVER,CO80211     		N/A PC NEXT GENERATION 75,000
    ORANGE COUNTY SCHOOL OF THE ARTS
    1010 MAIN STREET
    SANTA ANA,CA92701     		N/A PC EDUCATION 1,000
    RENOVATION CHURCH
    1775 WATER PLACE UNIT 3
    ATLANTA,GA30339     		N/A PC CHURCH 300,000
    SAMARITAN'S PURSE
    PO BOX 3000
    BOONE,NC28607     		N/A PC CHRISTIAN CHARITY 100,000
    TENEO NETWORK INC
    2606 W 8TH STREET
    AUSTIN,TX78703     		N/A PC EDUCATION 10,000
    THOMAS JEFFERSON FOUNDATION INC
    PO BOX 217
    CHARLOTTESVILLE,VA22902     		N/A PC NEXT GENERATION 25,000
    UNITED WORLD MISSION
    205 REGENCY EXECUTIVE PARK DR 430
    CHARLOTTE,NC28217     		N/A PC NEXT GENERATION 12,000
    NATIONAL CHRISTIAN FOUNDATION
    11625 RAINWATER DR SUITE 500
    ALPHARETTA,GA30009     		N/A PC SEE PART VII-A (LINE 12) STATEMENT 1,133,063
    Total .................................bullet 3a 7,590,966
    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 ...........     		    14 350  
    4 Dividends and interest from securities.... 525990 14 14 1,435,080 22,777
    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 ............     		    14 -259,237  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INVESTMENT INCOME     		525990 -6,803 14 159,336  
    bSUBPART F INCOME     14 2,232,548  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -6,789 3,568,077 22,777
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,584,065
    (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.)
    4e The entire amount ($22,777) is for interest earned on state and local bonds that is excluded from tax under IRC Sec. 103.
    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: 20011551
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    RICHARD & BARBARA GABY FOUNDATION
     
    CO BRIDGES & DUNN-RANKIN LLP
    EIN:
    20-2110682
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BRIDGES & DUNN-RANKIN 26,389 6,597 0 0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    RICHARD & BARBARA GABY FOUNDATION
     
    CO BRIDGES & DUNN-RANKIN LLP
    EIN:
    20-2110682
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ATLC RICHFIELD CO 8.25% DUE 02-01-2022 226,396 214,544
    FAMILY DLR STORES 5% DUE 02-01-2021 255,470 250,751
    ALCOA INC 5.87% DUE 02-23-2022    
    INGERSOLL RAND CO 6.443 DUE 11-15-2027 347,917 405,103
    REPUBLIC NY CORP 9.125% DUE 05-15-2021 211,085 205,845
    SOUTHWEST AIRLS CO 7.375% DUE 03-01-2027 225,074 251,256
    UTD AIR LINES PASS 6.636% DUE 01-02-24 111,485 107,164
    AMERN EXPRSS CO 5.2% DUE 05-29-2049    
    BANC 1 CORP 7.75 DEB DUE 07-15-2025 118,655 129,422
    COX COMMUNICATIONS 7.625% DUE 06-15-2025 301,293 343,529
    SOUTHERN PWR CO 2.5% DUE 12-15-2021    
    UNUM GROUP 3.875% DUE 11-05-2025 151,981 166,207
    MANULIFE FINL CORP 4.061% DUE 02-24-2023 202,104 218,681
    MIDLAND BK PLC 7.65% DUE 05-01-2025 100,000 124,360
    EBAY INC 3.45% DUE 08-01-2024    
    ANGEL OAKS FDS TR MULTI STRATEGY INCOME 2,328,415 2,150,611
    CBS INC 7.125 SR NT DUE 11-01-2023    
    GOLDMAN SACHS FLTG RT DUE 04-26-2022 201,020 200,554
    GOLDMAN SACHS GROUP INC SR NT FLTG VAR 99,956 100,931
    SYNOVUS FINL CORP 3.125% DUE 11-01-2022 192,064 207,664
    TECH DATA CORP 3.7% DUE 02-15-2022    
    UNITED AIRLS INC 3.7% 251,753 247,757
    ARTISAN PARTNERS FDS INC HIGH INCOME 1,846,296 1,902,176
    BAC CAP TR XIII PFD HYBRID INC TERM 43,375 49,375
    BANCORPSOUTH BK TUPELO MISS CORP 101,836 100,760
    CA INC 3.6% DUE 05-15-2022 101,125 103,019
    COACH INC 4.25% DUE 04-01-2025 156,798 160,925
    FLOWERS FOODS INC 3.5% DUE 10-01-2026 102,384 111,472
    HCA INC 5.25% DUE 06-15-2026 105,736 118,350
    MCCORMICK & CO INC 3.15% 08-15-2024 99,612 108,409
    TRUIST FINL CORP 5.05% DUE 12/31/2099 151,585 152,250
    UNITED AIRL INC 2019-2A PASS THRU 97,385 93,819
    WEYERHAEUSER CO DEB 7.375 DUE 03-15-2032 274,042 299,919
    AMERICAN EXPRESS CO VAR TR 12-31-2049 199,750 198,500
    BELLSOUTH TELECOMMUNICATIONS INC 6.375 121,183 124,428
    BOEING CO 1.875% DUE 06-15-2023 99,392 101,761
    EXPEDIA INC 3.45% DUE 08-01-2026 109,745 112,032
    EXPRESS SCRIPTS 3.4% DUE 03-01-2027 158,709 164,418
    SYSCO CORP 3.3% DUE 07-15-2026 206,572 222,449
    WELLS FARGO FIN 4.5% DUE 10-30-2028 171,447 168,016

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    RICHARD & BARBARA GABY FOUNDATION
     
    CO BRIDGES & DUNN-RANKIN LLP
    EIN:
    20-2110682
    Software ID:
    20011551
    Software Version:
    2020v4.0
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

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


    2,468,010
    State & Local Government Securities - End of Year Fair Market Value:


    2,606,169


    TY 2020 InvestmentsOtherSchedule2
    Name:
    RICHARD & BARBARA GABY FOUNDATION
     
    CO BRIDGES & DUNN-RANKIN LLP
    EIN:
    20-2110682
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VANGUARD ENERGY FD ADMIRAL SHARES AT COST    
    GNMA REMIC PASSTHR CTF TR 2010-114 (MBS) AT COST    
    DRIVE AUTO RECEIVABLES TRUST SR 2.84% AT COST    
    SPDR GOLD TR AT COST    
    ISHARES TR RUSSELL 1000 ETF AT COST 4,980,456 6,630,592
    FORD CR AUTO OWNER 2.14% DUE 10-15-2022 AT COST    
    WORLD FINL NETWORK 2.03% DUE 04-15-2025 AT COST 99,563 100,752
    VANGUARD INSTITUTIONAL INDEX FUND AT COST 7,168,967 9,649,417
    FCM INTERNATIONAL, LLC AT COST 7,540,208 12,862,192
    FCM LARGE CAP II, LLC AT COST    
    FCM REAL ESTATE II, LLC AT COST 127,533 87,402
    FCM SMALL CAP, LLC AT COST 4,192,020 5,780,473
    FCM PRIVATE EQUITY III, LLC AT COST 229,739 759,819
    AETHER REAL ASSETS I, L.P. AT COST 157,015 86,624
    METROPOLITAN REAL ESTATE PARTNERS VII AT COST 34,716 31,337
    AETHER REAL ASSETS II, L.P. AT COST 87,394 75,525
    VENTURE INVESTMENT ASSOCIATES VII LP AT COST 449,628 1,814,775
    FCM EMERGING MARKETS, LLC AT COST 3,478,594 6,397,048
    SILVER POINT CAPITAL OFFSHORE LTD CL H AT COST    
    PINE RIVER INCOME LTD CL A SER 71 AT COST 18,330 10,937
    STONE REVERSE SPLIT STONE 3P1 AT COST 216,800 172,037
    TIGER PACIFIC OFFSHORE FUND LTD SER 4E AT COST 1,000,000 1,623,164
    CANYON BALANCED FUND GROUP A SER 06-15 AT COST 750,010 869,932
    ADABELLE CAPITAL II, LTD AT COST 26,952,469 26,676,121
    FCM ALTERNATIVE II, LLC AT COST 7,438,509 8,493,707

    TY 2020 OtherAssetsSchedule
    Name:
    RICHARD & BARBARA GABY FOUNDATION
     
    CO BRIDGES & DUNN-RANKIN LLP
    EIN:
    20-2110682
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSITS 96,548 49,809 49,809
    INTEREST RECEIVABLE 121,651 101,585 101,585
    prepaid EXPENSE (FIT)   99,152 99,152


    TY 2020 OtherDecreasesSchedule
    Name:
    RICHARD & BARBARA GABY FOUNDATION
     
    CO BRIDGES & DUNN-RANKIN LLP
    EIN:
    20-2110682
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    NON-DEDUCTIBLE EXPENSES 1,294


    TY 2020 OtherExpensesSchedule
    Name:
    RICHARD & BARBARA GABY FOUNDATION
     
    CO BRIDGES & DUNN-RANKIN LLP
    EIN:
    20-2110682
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT INTEREST EXPENSE 1,053 1,002    
    MISCELLANEOUS EXPENSES 116 116    


    TY 2020 OtherIncomeSchedule2
    Name:
    RICHARD & BARBARA GABY FOUNDATION
     
    CO BRIDGES & DUNN-RANKIN LLP
    EIN:
    20-2110682
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INVESTMENT INCOME 152,533 159,336  
    SUBPART F INCOME 2,232,548 2,232,548  


    TY 2020 OtherIncreasesSchedule
    Name:
    RICHARD & BARBARA GABY FOUNDATION
     
    CO BRIDGES & DUNN-RANKIN LLP
    EIN:
    20-2110682
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    FMV OF SECURITIES DONATED EXCEEDS COST BASIS 385,002


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    RICHARD & BARBARA GABY FOUNDATION
     
    CO BRIDGES & DUNN-RANKIN LLP
    EIN:
    20-2110682
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 319,838 319,810 0 0


    TY 2020 TaxesSchedule
    Name:
    RICHARD & BARBARA GABY FOUNDATION
     
    CO BRIDGES & DUNN-RANKIN LLP
    EIN:
    20-2110682
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX EXPENSE 30,848      
    FOREIGN TAX PAID 27,155 27,155