Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
The Fullgraf Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

30-6013098
B Telephone number (see instructions)

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

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$48,920,325J 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) 2,827,981
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,526 2,526  
4 Dividends and interest from securities... 1,024,772 1,024,772  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 557,300
b Gross sales price for all assets on line 6a 1,506,970
7 Capital gain net income (from Part IV, line 2)... 1,489,490
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 4,412,579 2,516,788  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 35,545      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 95,024     95,024
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 130,569 0   95,024
25 Contributions, gifts, grants paid....... 1,705,500 1,705,500
26 Total expenses and disbursements. Add lines 24 and 25 1,836,069 0   1,800,524
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,576,510
b Net investment income (if negative, enter -0-) 2,516,788
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......... 183,809 440,972 440,972
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 27,680,162 Click to see attachment29,999,509 48,479,353
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)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 27,863,971 30,440,481 48,920,325
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 27,863,971 30,440,481
29 Total net assets or fund balances (see instructions)..... 27,863,971 30,440,481
30 Total liabilities and net assets/fund balances (see instructions). 27,863,971 30,440,481
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
27,863,971
2
Enter amount from Part I, line 27a .....................
2
2,576,510
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
30,440,481
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
30,440,481
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,506,970   17,480 1,489,490
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,489,490
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,489,490
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 34,983
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 34,983
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 34,983
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 32,500
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 32,500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 51
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,534
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOH
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........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
    Charles S Fullgraf Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Jan F Golann Trustee, Pres
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Foundation Source Administrative 94,824
    55 Walls Drive 3rd fl
    Fairfield,CT06824
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    43,078,788
    b
    Average of monthly cash balances.......................
    1b
    508,507
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    43,587,295
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    43,587,295
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    653,809
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    42,933,486
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,146,674
    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
    2,146,674
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    34,983
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    34,983
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,111,691
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    2,111,691
    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
    2,111,691
    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
    1,800,524
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,800,524
    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
    1,800,524
    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 2,111,691
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 1,765,588
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,800,524
    a Applied to 2019, but not more than line 2a 1,765,588
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 34,936
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		2,076,755
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    564 PARK AVENUE PRESERVATION FOUNDATION
    564 PARK AVE
    NEW YORK,NY10065     		N/A PC General & Unrestricted 2,000
    ABLE FLIGHT INC
    91 OAK LEAF LN
    CHAPEL HILL,NC27516     		N/A PC General & Unrestricted 2,500
    ADIRONDACK MOUNTAIN CLUB INC
    814 GOGGINS RD
    LAKE GEORGE,NY12845     		N/A PC General & Unrestricted 2,500
    ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIAT
    PO BOX 96011
    WASHINGTON,DC20090     		N/A PC General & Unrestricted 50,000
    ALZHEIMERS TENNESSEE INC
    5801 KINGSTON PIKE
    KNOXVILLE,TN37919     		N/A PC General & Unrestricted 1,000
    AMERICAN BATTLEFIELD TRUST
    1140 PROFESSIONAL COURT
    HAGERSTOWN,MD21740     		N/A PC General & Unrestricted 3,000
    AMERICAN DIABETES ASSOCIATION
    PO BOX 7023
    MERRIFIELD,VA22116     		N/A PC General & Unrestricted 16,000
    AMERICAN FORESTS
    1220 L ST NW STE 750
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 1,500
    AMERICAN FOUNDATION FOR THE COURTAULD INSTITUTE OF
    55 E END AVE 3D
    NEW YORK,NY10028     		N/A PC libraries at The Courtauld Institute of Art 2,000
    AMERICAN RADIO RELAY LEAGUE INC
    225 MAIN ST
    NEWINGTON,CT06111     		N/A PC General & Unrestricted 3,000
    AMHERST COLLEGE TRUSTEES
    PO BOX 5000
    AMHERST,MA01002     		N/A PC General & Unrestricted 1,000
    APPALACHIAN MOUNTAIN CLUB
    10 CITY SQ
    BOSTON,MA02129     		N/A PC General & Unrestricted 2,500
    BERRY COLLEGE INC
    PO BOX 490129
    MOUNT BERRY,GA30149     		N/A PC General & Unrestricted 5,000
    BERRY COLLEGE INC
    PO BOX 490129
    MOUNT BERRY,GA30149     		N/A PC Animal Science Department FUND 50,000
    BERRY COLLEGE INC
    PO BOX 490129
    MOUNT BERRY,GA30149     		N/A PC Animal Science Department FUND 5,000
    BOCA GRANDE HEALTH CLINIC FOUNDATION INC
    PO BOX 2340
    BOCA GRANDE,FL33921     		N/A PC General & Unrestricted 15,000
    BOSTON TERRIER RESCUE OF NORTH CAROLINA
    5403 FOREST OAKS DR
    GREENSBORO,NC27406     		N/A PC General & Unrestricted 2,000
    BOSTON TERRIER RESCUE TEAM OF THE CAROLINAS INC
    8180 HOPE DR
    DENVER,NC28037     		N/A PC General & Unrestricted 2,000
    BOYS CLUB OF NEW YORK INC
    287 E 10TH ST
    NEW YORK,NY10009     		N/A PC General & Unrestricted 2,000
    BROADWAY CARES-EQUITY FIGHTS AIDS INC
    165 W 46TH ST STE 1300
    NEW YORK,NY10036     		N/A PC General & Unrestricted 2,500
    BUCKLEY SCHOOL IN THE CITY OF NEW YORK
    113 E 73RD ST
    NEW YORK,NY10021     		N/A PC General & Unrestricted 3,000
    CENTER FOR REPRODUCTIVE RIGHTS INC
    199 WATER ST 22ND FL
    NEW YORK,NY10038     		N/A PC General & Unrestricted 400
    CENTRAL PARK CONSERVANCY INC
    14 E 60TH ST 8TH FL
    NEW YORK,NY10022     		N/A PC General & Unrestricted 3,000
    CENTURION MINISTRIES
    1000 HERRONTOWN RD
    PRINCETON,NJ08540     		N/A PC General & Unrestricted 1,500
    CHARITY GLOBAL INC - CHARITY WATER
    40 WORTH ST STE 330
    NEW YORK,NY10013     		N/A PC General & Unrestricted 800
    CINCINNATI COUNTRY DAY SCHOOL
    6905 GIVEN RD
    CINCINNATI,OH45243     		N/A PC General & Unrestricted 10,000
    CINCINNATI COUNTRY DAY SCHOOL
    6905 GIVEN RD
    CINCINNATI,OH45243     		N/A PC Guardian Fund to help reduce the risk of spreading Covid-19 virus at School 5,000
    CINCINNATI NATURE CENTER ASSOCIATION
    4949 TEALTOWN RD
    MILFORD,OH45150     		N/A PC General & Unrestricted 14,000
    CINCINNATI OPERA ASSOCIATION
    1243 ELM ST MUSIC HALL
    CINCINNATI,OH45202     		N/A PC General & Unrestricted 10,000
    COMMUNITY FOUNDATION OF HENDERSON COUNTY INC
    PO BOX 1108
    HENDERSONVLLE,NC28793     		N/A PC Camp Greystone The Great Day Fund 3,000
    CORAL RESTORATION FOUNDATION INC
    89111 OVERSEAS HWY
    TAVERNIER,FL33070     		N/A PC General & Unrestricted 1,500
    DAVIDSON COLLEGE
    PO BOX 7162
    DAVIDSON,NC28035     		N/A PC General & Unrestricted 1,000
    DOLLYWOOD FOUNDATION
    111 DOLLYWOOD LN
    PIGEON FORGE,TN37863     		N/A PC General & Unrestricted 7,500
    EAA AVIATION FOUNDATION INC
    PO BOX 3086
    OSHKOSH,WI54903     		N/A PC Young Eagles Program 8,000
    EPILEPSY FOUNDATION OF SOUTHEAST TENNESSEE
    1 SISKIN PLZ
    CHATTANOOGA,TN37403     		N/A PC General & Unrestricted 18,000
    EPISCOPAL CHARITIES OF THE DIOCESE OF NEW YORK
    1047 AMSTERDAM AVE
    NEW YORK,NY10025     		N/A PC General & Unrestricted 10,000
    EPISCOPAL RELIEF AND DEVELOPMENT
    PO BOX 7058
    MERRIFIELD,VA22116     		N/A PC General & Unrestricted 16,500
    FEEDING AMERICA
    161 N CLARK ST STE 700
    CHICAGO,IL60601     		N/A PC General & Unrestricted 2,400
    FOOD BANK FOR NEW YORK CITY
    39 BROADWAY 10TH FL
    NEW YORK,NY10006     		N/A PC General & Unrestricted 5,000
    FOOTHILLS CRAFT GUILD INC
    PO BOX 52871
    KNOXVILLE,TN37950     		N/A PC General & Unrestricted 5,000
    FOREST PARK FOREVER INC
    5595 GRAND DR IN FOREST PARK
    SAINT LOUIS,MO63112     		N/A PC General & Unrestricted 2,000
    FOUNDATION FOR TENNESSEE CHESS
    105 WESTPARK DR STE 190
    BRENTWOOD,TN37027     		N/A PC General & Unrestricted 5,000
    FRANCES PERKINS CENTER
    170 MAIN ST
    DAMARISCOTTA,ME04543     		N/A PC General & Unrestricted 100,000
    FRIENDS OF GREAT SMOKY MOUNTAIN NATIONAL PARK INC
    PO BOX 1660
    KODAK,TN37764     		N/A PC General & Unrestricted 2,000
    FRIENDS OF ISLAND ACADEMY INC
    127 W 127TH ST STE 127
    NEW YORK,NY10027     		N/A PC General & Unrestricted 2,000
    GASPARILLA ISLAND CONSERVATION AND IMPROVEMENT ASS
    PO BOX 446
    BOCA GRANDE,FL33921     		N/A PC General & Unrestricted 2,000
    GLOBAL AIDS INTERFAITH ALLIANCE
    2171 FRANCISCO BLVD E STE I
    SAN RAFAEL,CA94901     		N/A PC General & Unrestricted 1,500
    GREEN-WOOD HISTORIC FUND INC
    500 25TH ST
    BROOKLYN,NY11232     		N/A PC General & Unrestricted 2,000
    GREENSPACES
    63 E MAIN ST
    CHATTANOOGA,TN37408     		N/A PC to support Green|Spaces Chattanooga Green Prix events, a student led designed and built electric powered car event for Chattanooga area elementary, middle, and high school students and to purchase Spare Parts for the Green Prix competition cars 17,000
    HALEY HOUSE INC
    23 DARTMOUTH ST
    BOSTON,MA02116     		N/A PC General & Unrestricted 400
    HEALING STRIDES OF VA
    PO BOX 456
    BOONES MILL,VA24065     		N/A PC General & Unrestricted 5,000
    HEALTH ADVOCATES FOR OLDER PEOPLE INC
    708 3RD AVE FL 6
    NEW YORK,NY10017     		N/A PC General & Unrestricted 3,000
    HELEN KELLER INTERNATIONAL
    ONE DAG HAMMARSKJOLD PLZ FL 2
    NEW YORK,NY10017     		N/A PC General & Unrestricted 20,000
    HONNOLD FOUNDATION
    159 W BROADWAY STE 200
    SALT LAKE CTY,UT84101     		N/A PC General & Unrestricted 5,000
    HONORAIR - KNOXVILLE INC
    PO BOX 12990
    KNOXVILLE,TN37912     		N/A PC General & Unrestricted 8,000
    HORACE MANN SCHOOL
    231 W 246TH ST
    BRONX,NY10471     		N/A PC General & Unrestricted 3,000
    HORSE HAVEN OF TENNESSEE INC
    PO BOX 30393
    KNOXVILLE,TN37930     		N/A PC General & Unrestricted 1,000
    HOSPICE OF CINCINNATI INCORPORATED
    625 EDEN PARK DR 7TH FL
    CINCINNATI,OH45202     		N/A PC General & Unrestricted 10,000
    ICAN HOUSE SERVICES INC
    862 W 4TH ST
    WINSTON SALEM,NC27101     		N/A PC General & Unrestricted 2,500
    IJAMS NATURE CENTER INC
    2915 ISLAND HOME AVE
    KNOXVILLE,TN37920     		N/A PC General & Unrestricted 14,000
    IJAMS NATURE CENTER INC
    2915 ISLAND HOME AVE
    KNOXVILLE,TN37920     		N/A PC the Ijams Nature Center Capital Building Plan fund 10,000
    INDIAN HILL HISTORICAL MUSEUM ASSOCIATION
    8100 GIVEN RD
    CINCINNATI,OH45243     		N/A PC General & Unrestricted 5,000
    INSTITUTE OF CLASSICAL ARCHITECTURE AND ART INC
    20 W 44TH ST
    NEW YORK,NY10036     		N/A PC General & Unrestricted 1,000
    INTERNATIONAL PLANNED PARENTHOOD FEDERATION
    125 MAIDEN LN 9TH FL
    NEW YORK,NY10038     		N/A PC General & Unrestricted 3,000
    INTERVARSITY CHRISTIAN FELLOWSHIP- USA
    PO BOX 7895
    MADISON,WI53707     		N/A PC General & Unrestricted 2,000
    JOURNEY FORWARD INC
    5 SHAWMUT RD
    CANTON,MA02021     		N/A PC General & Unrestricted 9,000
    KELLY S BRUSH FOUNDATION
    3 MAIN ST STE 217
    BURLINGTON,VT05401     		N/A PC General & Unrestricted 4,000
    KEW-FOREST SCHOOL INC
    119-17 UNION TPKE
    FOREST HILLS,NY11375     		N/A PC Innovation Fund 2,000
    LAND TRUST FOR TENNESSEE INC
    4000 FRANKLIN PIKE
    NASHVILLE,TN37204     		N/A PC General & Unrestricted 3,000
    LOUDON COUNTY HUMANE SOCIETY
    PO BOX 602
    LENOIR CITY,TN37771     		N/A PC General & Unrestricted 2,000
    LUCKY BREAK PET RESCUE
    214 SCENIC RD
    NORMANDY,TN37360     		N/A PC General & Unrestricted 2,000
    MIKEROWEWORKS FOUNDATION
    10960 WILSHIRE BLVD 5TH FL
    LOS ANGELES,CA90024     		N/A PC General & Unrestricted 5,000
    MISSOURI BOTANICAL GARDEN BOARD OF TRUSTEES
    2345 TOWER GROVE AVE
    SAINT LOUIS,MO63110     		N/A PC the rare books conservation department fund and the EarthWays Centre 5,000
    MONROE HARDING INC
    1 VANTAGE WAY STE C165
    NASHVILLE,TN37228     		N/A PC General & Unrestricted 1,500
    MORRIS ANIMAL FOUNDATION
    720 S COLORADO BLVD STE 174-A
    DENVER,CO80246     		N/A PC General & Unrestricted 2,000
    NASHVILLE ANTI-HUMAN TRAFFICKING COALITION INC
    PO BOX 158972
    NASHVILLE,TN37215     		N/A PC General & Unrestricted 4,000
    NATIONAL ARBOR DAY FOUNDATION
    211 N 12 ST STE 501
    LINCOLN,NE68508     		N/A PC General & Unrestricted 1,500
    NATIONAL PARK FOUNDATION
    1110 VERMONT AVE NW STE 200
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 7,000
    NATIONAL WILDLIFE FEDERATION
    11100 WILDLIFE CENTER DR
    RESTON,VA20190     		N/A PC General & Unrestricted 2,000
    NAZARETH HOUSING INC
    519 E 11TH ST
    NEW YORK,NY10009     		N/A PC General & Unrestricted 5,000
    NEAR EAST FOUNDATION
    110 FAYETTE ST STE 710
    SYRACUSE,NY13202     		N/A PC General & Unrestricted 1,500
    NEIGHBORHOOD COALITION FOR SHELTER INC
    50 BROADWAY STE 1301
    NEW YORK,NY10004     		N/A PC General & Unrestricted 55,000
    NEIGHBORHOOD COALITION FOR SHELTER INC
    50 BROADWAY STE 1301
    NEW YORK,NY10004     		N/A PC the NextGen Innovation Award Fund that ensures the capacity of the Neighborhood Coalition for Shelter Inc 50,000
    NEW YORK COMMON PANTRY
    8 E 109TH ST
    NEW YORK,NY10029     		N/A PC General & Unrestricted 5,000
    NURSE FAMILY PARTNERSHIP
    1900 GRANT ST NO 400
    DENVER,CO80203     		N/A PC General & Unrestricted 1,000
    OASIS CENTER INC
    1704 CHARLOTTE AVE STE 200
    NASHVILLE,TN37203     		N/A PC General & Unrestricted 1,500
    ONE WEST 54TH STREET FOUNDATION
    1 W 54TH ST
    NEW YORK,NY10019     		N/A PC General & Unrestricted 2,000
    OPEN TABLE OF NASHVILLE INC
    PO BOX 110266
    NASHVILLE,TN37222     		N/A PC General & Unrestricted 1,500
    OSBORNE ASSOCIATION INC
    175 REMSEN ST STE 800
    BROOKLYN,NY11201     		N/A PC General & Unrestricted 10,000
    OWL MOON RAPTOR CENTER INC
    20201 BUCKLODGE RD
    BOYDS,MD20841     		N/A PC General & Unrestricted 2,500
    PATRIOT PAWS SERVICE DOGS
    254 RANCH TRL
    ROCKWALL,TX75032     		N/A PC General & Unrestricted 4,000
    POVERTY AND THE ARTS
    1207 DICKERSON PIKE
    NASHVILLE,TN37207     		N/A PC General & Unrestricted 2,500
    PRESIDENT & TRUSTEES OF COLBY COLLEGE
    4120 MAYFLOWER HILL
    WATERVILLE,ME04901     		N/A PC General & Unrestricted 1,000
    PROJECT FIT AMERICA
    PO BOX 308
    BOYES HOT SPG,CA95416     		N/A PC General & Unrestricted 2,000
    PROTECT OUR WINTERS
    4676 BROADWAY ST
    BOULDER,CO80304     		N/A PC General & Unrestricted 3,000
    READ ALLIANCE INC
    160 BROADWAY 8TH FL E BLDG
    NEW YORK,NY10038     		N/A PC General & Unrestricted 5,000
    RED DOG FARM ANIMAL RESCUE NETWORK
    8653 NC HWY 65
    STOKESDALE,NC27357     		N/A PC General & Unrestricted 2,000
    REMOTE AREA MEDICAL
    2200 STOCK CREEK BLVD
    ROCKFORD,TN37853     		N/A PC General & Unrestricted 10,000
    RENSSELAER POLYTECHNIC INSTITUTE
    110 8TH ST
    TROY,NY12180     		N/A PC General & Unrestricted 10,000
    RESTORE NYC INC
    20 W 46TH ST APT 2B
    NEW YORK,NY10036     		N/A PC General & Unrestricted 20,000
    RIVERWOOD THERAPEUTIC RIDING CENTER INC
    6825 ROLLING VIEW DR
    TOBACCOVILLE,NC27050     		N/A PC General & Unrestricted 2,500
    RONALD MCDONALD HOUSE CHARITIES OF NASHVILLE TN IN
    2144 FAIRFAX AVE
    NASHVILLE,TN37212     		N/A PC General & Unrestricted 1,500
    ROOM IN THE INN INC
    PO BOX 25309
    NASHVILLE,TN37202     		N/A PC General & Unrestricted 1,500
    SAINT JAMES CHURCH FORDHAM
    2500 JEROME AVE
    BRONX,NY10468     		N/A PC Food Pantry fund 5,000
    SAMARITANS PURSE
    PO BOX 3000
    BOONE,NC28607     		N/A PC General & Unrestricted 2,000
    SANCTUARY HOUSE
    PO BOX 21141
    GREENSBORO,NC27420     		N/A PC General & Unrestricted 2,500
    SECOND HARVEST FOOD BANK OF EAST TENNESSEE
    136 HARVEST LN
    MARYVILLE,TN37801     		N/A PC meals fund for residents of the counties served by Second Harvest Food Bank of East Tennessee 1,000
    SECOND HARVEST FOOD BANK OF NORTHWEST NORTH CAROLI
    3655 REED ST
    WINSTON SALEM,NC27107     		N/A PC General & Unrestricted 5,000
    SESAME WORKSHOP
    1900 BROADWAY
    NEW YORK,NY10023     		N/A PC General & Unrestricted 1,000
    SHANGRI LA THERAPEUTIC ACADEMY OF RIDING INC
    11800 HWY 11E
    LENOIR CITY,TN37772     		N/A PC General & Unrestricted 14,000
    SHANGRI LA THERAPEUTIC ACADEMY OF RIDING INC
    11800 HWY 11E
    LENOIR CITY,TN37772     		N/A PC to support the capital improvement program for the Lenoir City, TN, and South Knoxville, TN, riding facilities 50,000
    SHARE OUR STRENGTH
    1030 15TH ST NW STE 1100W
    WASHINGTON,DC20005     		N/A PC No Kid Hungry program 3,000
    SPENCE-CHAPIN SERVICES TO FAMILIES AND CHILDREN
    410 E 92ND ST
    NEW YORK,NY10128     		N/A PC General & Unrestricted 2,000
    ST LOUIS ART MUSEUM FOUNDATION
    1 FINE ARTS DR
    SAINT LOUIS,MO63110     		N/A PC General & Unrestricted 1,000
    ST JAMES EPISCOPAL CHURCH
    865 MADISON AVE
    NEW YORK,NY10021     		N/A PC General & Unrestricted 38,000
    SYLVAN WINDS INC
    444 CENTRAL PARK W APT 9H
    NEW YORK,NY10025     		N/A PC General & Unrestricted 5,000
    TATE AMERICAS FOUNDATION
    520 W 27TH ST UNIT 404
    NEW YORK,NY10001     		N/A PC General & Unrestricted 2,000
    TENNESSEE WILDLIFE FEDERATION INCORPORATED
    300 ORLANDO AVE
    NASHVILLE,TN37209     		N/A PC General & Unrestricted 1,000
    THE CORAL REEF ALLIANCE
    1330 BROADWAY STE 600
    OAKLAND,CA94612     		N/A PC General & Unrestricted 1,500
    THE INDIAN HILL CHURCH
    6000 DRAKE RD
    CINCINNATI,OH45243     		N/A PC General & Unrestricted 12,000
    THE LAUNDROMAT PROJECT INC
    127 W 127TH ST STE 434
    NEW YORK,NY10027     		N/A PC General & Unrestricted 5,000
    THE SEVEN HILLS SCHOOLS
    5400 RED BANK RD
    CINCINNATI,OH45227     		N/A PC General & Unrestricted 5,000
    THE UNIVERSITY OF TENNESSEE FOUNDATION INC
    1525 UNIVERSITY AVE
    KNOXVILLE,TN37921     		N/A PC University of Tennessee Institute of Agriculture Advancing Equine Health program 5,000
    TRINITY COLLEGE
    300 SUMMIT ST
    HARTFORD,CT06106     		N/A PC The Trinity Chapel fund 10,000
    TRUST FOR PUBLIC LAND
    202 TREMONT ST
    CHATTANOOGA,TN37405     		N/A PC General & Unrestricted 2,000
    TRUSTEES OF THE SMITH COLLEGE
    23 ELM ST
    NORTHAMPTON,MA01063     		N/A PC Friends of The Smith College Museum of Art 5,000
    TRUSTEES OF THE SMITH COLLEGE
    23 ELM ST
    NORTHAMPTON,MA01063     		N/A PC SCMA Fund for Collection Stewardship and Access 200,000
    TRUSTEES OF THE SMITH COLLEGE
    23 ELM ST
    NORTHAMPTON,MA01063     		N/A PC the endowed Fullgraf Fund to support the Special Collections at smith college 175,000
    TRUSTEES OF THE SMITH COLLEGE
    23 ELM ST
    NORTHAMPTON,MA01063     		N/A PC The Smith Fund 5,000
    TRUSTEES OF THE SMITH COLLEGE
    23 ELM ST
    NORTHAMPTON,MA01063     		N/A PC Jan Fullgraf Golann 1971 Expendable Fund for The Smith College Library Special Collections 216,000
    VANDERBILT UNIVERSITY
    PMB 407727 2301 VANDERBILT PL
    NASHVILLE,TN37240     		N/A PC G & G Scholarship Fund 10,000
    VANDERBILT UNIVERSITY
    PMB 407727 2301 VANDERBILT PL
    NASHVILLE,TN37240     		N/A PC John S. Beasley Scholarship fund 10,000
    WASHINGTON UNIVERSITY
    CAMPUS BOX 1082 ONE BROOKINGS DR
    ST LOUIS,MO63130     		N/A PC the Fullgraf Fellowship in Engineering Fund 100,000
    WASHINGTON UNIVERSITY
    CAMPUS BOX 1082 ONE BROOKINGS DR
    ST LOUIS,MO63130     		N/A PC the Fullgraf Fellowship in Engineering Fund 10,000
    WASHINGTON UNIVERSITY
    CAMPUS BOX 1082 ONE BROOKINGS DR
    ST LOUIS,MO63130     		N/A PC Kenneth and Nancy Kranzberg Art & Architecture Library fund 2,000
    WASHINGTON UNIVERSITY
    CAMPUS BOX 1082 ONE BROOKINGS DR
    ST LOUIS,MO63130     		N/A PC the Fullgraf Professor research team travel fund to present research at conferences and meetings and to purchase equipment and supplies for prototyping devices associated with the research 20,000
    WILDLIFE CONSERVATION SOCIETY
    2300 SOUTHERN BLVD
    BRONX,NY10460     		N/A PC General & Unrestricted 5,000
    WORLD WILDLIFE FUND INC
    1250 24TH ST NW
    WASHINGTON,DC20037     		N/A PC General & Unrestricted 2,000
    Total .................................bullet 3a 1,705,500
    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 2,526  
    4 Dividends and interest from securities....     14 1,024,772  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 557,300  
    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)..   1,584,598  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,584,598
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    The Fullgraf Foundation
     
    Employer identification number

    30-6013098
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    The Fullgraf Foundation
          		Employer identification number
    30-6013098
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    CHARLES M FULLGRAF CHAR LEAD ANN T
    JAN F GOLANN 120 EAST 81ST ST 8H
     
    New York, NY10028

    		$ 2,827,981


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    The Fullgraf Foundation
          		Employer identification number

    30-6013098
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 PROCTER GAMBLE CO PG, 21568 sh. $ 2,809,016 2020-07-31
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    The Fullgraf Foundation
          		Employer identification number

    30-6013098
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

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

    TY 2020 DepreciationSchedule
    Name:
    The Fullgraf Foundation
    EIN:
    30-6013098
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    The Fullgraf Foundation
    EIN:
    30-6013098
    Name of Stock End of Year Book Value End of Year Fair Market Value
    PROCTER GAMBLE CO 24,391,949 39,109,749
    RETAIL PROPERTIES OF AMERICA A 242,853 108,986
    SCHWAB INTERNATIONAL INDEX FUN 210,000 223,578
    SCHWAB S P 500 INDEX FUND SELE 5,141,487 9,009,065
    THE JM SMUCKER COMPANY 13,220 27,975

    TY 2020 OtherExpensesSchedule
    Name:
    The Fullgraf Foundation
    EIN:
    30-6013098
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 94,824     94,824
    State or Local Filing Fees 200     200


    TY 2020 TaxesSchedule
    Name:
    The Fullgraf Foundation
    EIN:
    30-6013098
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 32,500      
    990-PF Excise Tax for 2019 3,045