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
RANKIN MUSEUM TR
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2907 - MC 100-01-02-50
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILSON, NC278942907
A Employer identification number

45-6427800
B Telephone number (see instructions)

(252) 246-4637
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$795,433J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 14,107 14,025  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 34,497
b Gross sales price for all assets on line 6a 590,456
7 Capital gain net income (from Part IV, line 2)... 34,497
8 Net short-term capital gain......... 0
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........ 48,604 48,522  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 10,687 5,343   5,343
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 4,752 0 0 4,752
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 769 170   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 603 3   600
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 16,811 5,516 0 10,695
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 16,811 5,516 0 10,695
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 31,793
b Net investment income (if negative, enter -0-) 43,006
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,589 85 85
2 Savings and temporary cash investments......... 18,303 28,735 28,735
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 132,383 Click to see attachment70,218 113,316
c Investments—corporate bonds (attach schedule).......   Click to see attachment149,234 150,682
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 471,726 Click to see attachment407,156 502,615
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) 624,001 655,428 795,433
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
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........ 624,001 655,428
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 624,001 655,428
30 Total liabilities and net assets/fund balances (see instructions). 624,001 655,428
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
624,001
2
Enter amount from Part I, line 27a .....................
2
31,793
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
20
4
Add lines 1, 2, and 3 ..........................
4
655,814
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
386
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
655,428
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 71. ALTRIA GROUP INC     2020-01-23
b 18. AMERICAN ELECTRIC POWER     2020-01-23
c 45. ARCOSA INC COMMON     2020-01-23
d 79. BCE INC COM     2020-01-23
e 20. BRITISH AMERICAN TOBACCO PLC     2020-01-23
307. DARLING INTERNATIONAL INC     2020-01-23
93. GLAXO PLC     2020-01-23
15. KRAFT HEINZ CO   2018-07-19 2020-01-23
53. OCCIDENTAL PETE CORP     2020-01-23
35. POLARIS INDUSTRIES INC     2020-01-23
136. TRINITY INDS INC     2020-01-23
28. VENTAS INC COMMON     2020-01-23
37. ABBOTT LABORATORIES     2020-03-24
51. ABBVIE INC     2020-03-24
24. ANALOG DEVICES INC     2020-03-24
5. ANTHEM INC COMMON     2020-03-24
33. BROADRIDGE FINANCIAL SOLUTIONS INC   2012-06-25 2020-03-24
22. CVS CORP COMMON     2020-03-24
32. CARNIVAL CORP PAIRED CTF 1 COM   2018-07-19 2020-03-24
80. CENTENE CORP   2012-06-25 2020-03-24
99. CLEAN HARBORS INC COMMON     2020-03-24
71. COCA COLA COMPANY     2020-03-24
51. CROWN CASTLE INTL CORP COMMON     2020-03-24
19. DISCOVER FINL SVCS     2020-03-24
1432.122 DOUBLELINE TOTAL RETURN BOND FUND   2012-03-20 2020-03-24
41. DUKE ENERGY CORP     2020-03-24
64. ENBRIDGE INC     2020-03-24
87. FLOWSERVE CORP COM     2020-03-24
38. GENERAL MOTORS CO     2020-03-24
884.503 HARDING LOEVNER INTERNATIONAL EQUITY INS   2012-03-20 2020-03-24
12. HONEYWELL INTERNATIONAL INC   2015-08-31 2020-03-24
14. JOHNSON & JOHNSON     2020-03-24
25. MAXIM INTEGRATED PRODUCTS INC COMON   2013-08-26 2020-03-24
26. MERCK & CO INC     2020-03-24
1425.294 METROPOLITAN WEST T/R BD-PLN     2020-03-24
54. MURPHY USA INC. COMMON     2020-03-24
14. NASDAQ OMX GROUP INC   2017-05-22 2020-03-24
274.508 NEUBERGER BERMAN STRATEGIC INCOME FUND-I     2020-03-24
23. OCCIDENTAL PETE CORP     2020-03-24
26. PEPSICO INCORPORATED     2020-03-24
106. PFIZER INCORPORATED     2020-03-24
13. PROCTOR AND GAMBLE COMPANY     2020-03-24
850.071 PGIM TOTAL RETURN BD-R6   2018-01-03 2020-03-24
13. QUALCOMM INC COMMON   2013-05-31 2020-03-24
38. STARBUCKS CORPORATIONS COMMON   2018-01-29 2020-03-24
2059.773 STERLING CAPITAL TOTAL RETURN BOND FUND   2017-01-11 2020-03-24
36. THOR INDUSTRIES INC     2020-03-24
111. THE TIMKEN COMPANY COMMON     2020-03-24
19. UNITED PARCEL SERVICES B     2020-03-24
160. VERIZON COMMUNICATIONS INC     2020-03-24
57. WELLS FARGO & CO NEW     2020-03-24
12. ACCENTURE PLC IRELAND SHS   2013-10-22 2020-03-24
21. MEDTRONIC PLC     2020-03-24
47. PENTAIR PLC     2020-03-24
2. ALIBABA GROUP HLDG LTD   2020-03-24 2020-06-16
4. AMGEN INCORPORATED   2020-03-24 2020-06-16
2. ANALOG DEVICES INC   2018-01-03 2020-06-16
1. ANTHEM INC COMMON   2013-03-22 2020-06-16
2. AUTODESK, INC. COMMON   2020-03-24 2020-06-16
4. CVS CORP COMMON   2017-05-22 2020-06-16
19. CABOT OIL AND GAS   2020-03-24 2020-06-16
1701.378 CAUSEWAY INTERNATL VALUE-INS   2018-09-12 2020-06-16
5. CISCO SYSTEMS   2020-03-24 2020-06-16
12. COCA COLA COMPANY   2013-08-26 2020-06-16
4. CROWN CASTLE INTL CORP COMMON   2017-01-10 2020-06-16
74. DANONE SPONS ADR   2020-03-24 2020-06-16
14. DELTA AIR LINES INC   2020-03-24 2020-06-16
4. DISCOVER FINL SVCS   2015-08-31 2020-06-16
879.988 DOUBLELINE TOTAL RETURN BOND FUND   2012-03-20 2020-06-16
36. ENBRIDGE INC   2013-01-23 2020-06-16
1199.428 FIDELITY SHORT TERM TREASURY BOND INDEX   2020-03-25 2020-06-16
51. GENERAL MOTORS CO   2016-06-30 2020-06-16
804.289 LAZARD EMERGING MARKETS FD INSTL CL     2020-06-16
11. MERCK & CO INC   2015-08-31 2020-06-16
4. MONSTER BEVERAGE CORP COMMON   2020-03-24 2020-06-16
9. MORGAN STANLEY DEAN WITTER DIS CO   2020-03-24 2020-06-16
2227.887 NEUBERGER BERMAN STRATEGIC INCOME FUND-I     2020-06-16
7. ORACLE SYSTEM CORPORATION   2020-03-24 2020-06-16
383.902 PIMCO FDS PAC INVT MGMT REAL RETURN BD FD INSTL CL   2020-03-25 2020-06-16
13. PROCTOR AND GAMBLE COMPANY   2015-08-31 2020-06-16
6. QUALCOMM INC COMMON     2020-06-16
6. STARBUCKS CORPORATIONS COMMON   2018-01-29 2020-06-16
5580.326 STERLING CAPITAL TOTAL RETURN BOND FUND     2020-06-16
471.698 TOUCHSTONE MID CAP VALUE FUND   2018-09-12 2020-06-16
2249.21 TOUCHSTONE MID CAP VALUE FUND     2020-06-16
2. UNITED PARCEL SERVICES B   2012-12-21 2020-06-16
1205.882 VANGUARD DEVELOPED MKTS INDEX -127   2018-09-12 2020-06-16
111.088 VANGUARD DEVELOPED MKTS INDEX -127   2020-03-25 2020-06-16
687.792 VIRTUS KAR SMALL CAP VALUE FD I CL I FUN   2020-01-24 2020-06-16
2. ACCENTURE PLC IRELAND SHS   2013-10-22 2020-06-16
36. BROOKFIELD PROPERTY REIT INC. CL A   2020-03-24 2020-09-08
72.993 INVESCO OPPENHEIMER DEVELOP MRKTS-R6 CLO   2018-07-19 2020-10-19
3. ABBOTT LABORATORIES   2012-03-20 2020-10-19
33.359 CAUSEWAY INTERNATL VALUE-INS   2018-09-12 2020-10-19
2. COLGATE PALMOLIVE COMPANY   2020-03-24 2020-10-19
400.396 DOUBLELINE TOTAL RETURN BOND FUND   2012-03-20 2020-10-19
851.086 HARDING LOEVNER INTERNATIONAL EQUITY INS   2012-03-20 2020-10-19
1. HONEYWELL INTERNATIONAL INC   2015-08-31 2020-10-19
263. ISHARES SHORT-TERM CORPORATE BOND ETF   2020-06-16 2020-10-19
7.469 LAZARD EMERGING MARKETS FD INSTL CL   2016-07-06 2020-10-19
22. MAXIM INTEGRATED PRODUCTS INC COMON   2013-08-26 2020-10-19
3614.943 METROPOLITAN WEST T/R BD-PLN   2017-01-11 2020-10-19
2. MICROSOFT CORPORATION   2012-12-21 2020-10-19
3112.311 PGIM TOTAL RETURN BD-R6     2020-10-19
3. SEI INVESTMENTS CO   2020-03-24 2020-10-19
4.972 TOUCHSTONE MID CAP GROW-INST   2020-03-25 2020-10-19
400.616 TOUCHSTONE MID CAP GROW-INST   2018-09-12 2020-10-19
1. UNITED PARCEL SERVICES B   2012-12-21 2020-10-19
4. YUM CHINA HOLDINGS INC -W/I COMMON   2020-03-24 2020-10-19
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(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,578   4,127 -549
b 1,807   1,019 788
c 2,031   579 1,452
d 3,756   3,264 492
e 889   1,343 -454
8,891   4,170 4,721
4,427   3,741 686
458   929 -471
2,243   3,972 -1,729
3,192   2,579 613
2,784   1,467 1,317
1,639   1,553 86
2,432   1,255 1,177
3,484   2,850 634
2,165   2,201 -36
918   589 329
2,928   676 2,252
1,218   1,790 -572
431   1,891 -1,460
3,840   604 3,236
4,209   5,372 -1,163
2,896   3,018 -122
6,203   5,057 1,146
573   1,064 -491
14,708   15,997 -1,289
2,774   2,934 -160
1,641   1,947 -306
1,783   3,232 -1,449
717   1,201 -484
15,974   13,197 2,777
1,326   1,141 185
1,643   1,365 278
1,187   694 493
1,791   1,459 332
14,552   14,190 362
4,475   3,013 1,462
1,095   950 145
2,479   3,020 -541
232   1,413 -1,181
2,909   1,752 1,157
3,100   2,763 337
1,322   1,078 244
11,357   12,384 -1,027
855   831 24
2,361   2,176 185
21,483   21,648 -165
1,345   1,725 -380
2,990   3,685 -695
1,793   1,791 2
8,235   8,121 114
1,524   2,962 -1,438
1,843   885 958
1,632   1,776 -144
1,147   1,274 -127
446   370 76
908   781 127
245   183 62
271   64 207
482   307 175
264   305 -41
369   276 93
22,220   27,460 -5,240
232   182 50
564   461 103
680   333 347
1,052   890 162
439   355 84
225   215 10
9,416   9,829 -413
1,156   1,000 156
13,050   13,026 24
1,426   1,439 -13
11,815   13,327 -1,512
846   593 253
279   216 63
437   269 168
24,239   24,258 -19
383   323 60
4,507   4,342 165
1,533   918 615
538   369 169
466   344 122
62,779   58,634 4,145
8,014   9,000 -986
38,214   37,919 295
212   149 63
15,266   16,400 -1,134
1,406   1,155 251
13,240   13,268 -28
412   148 264
405   272 133
3,371   3,089 282
327   87 240
440   538 -98
159   128 31
4,292   4,472 -180
21,456   12,698 8,758
173   95 78
14,444   14,410 34
113   112 1
1,605   611 994
39,475   35,962 3,513
434   54 380
46,280   45,116 1,164
169   117 52
188   128 60
15,127   13,000 2,127
173   75 98
213   173 40
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
      6,316
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       -549
b       788
c       1,452
d       492
e       -454
      4,721
      686
      -471
      -1,729
      613
      1,317
      86
      1,177
      634
      -36
      329
      2,252
      -572
      -1,460
      3,236
      -1,163
      -122
      1,146
      -491
      -1,289
      -160
      -306
      -1,449
      -484
      2,777
      185
      278
      493
      332
      362
      1,462
      145
      -541
      -1,181
      1,157
      337
      244
      -1,027
      24
      185
      -165
      -380
      -695
      2
      114
      -1,438
      958
      -144
      -127
      76
      127
      62
      207
      175
      -41
      93
      -5,240
      50
      103
      347
      162
      84
      10
      -413
      156
      24
      -13
      -1,512
      253
      63
      168
      -19
      60
      165
      615
      169
      122
      4,145
      -986
      295
      63
      -1,134
      251
      -28
      264
      133
      282
      240
      -98
      31
      -180
      8,758
      78
      34
      1
      994
      3,513
      380
      1,164
      52
      60
      2,127
      98
      40
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 34,497
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................................ 1 598
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 598
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 598
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 300
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 300
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 298
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 taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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)
    bulletNC
    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 ofbulletBRANCH BANKING & TRUST CO Telephone no.bullet (984) 328-8981

    Located atbullet3200 BEECHLEAF CT STE 900RALEIGHNC ZIP+4bullet27604
    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
    BRANCH BANKING AND TRUST COMPANY TRUSTEE
    1     		10,687    
    3200 BEEVCHLEAF CT STE 900
    RALEIGH,NC27604
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    687,036
    b
    Average of monthly cash balances.......................
    1b
    22,040
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    709,076
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    709,076
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    10,636
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    698,440
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    34,922
    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
    34,922
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    598
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    598
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    34,324
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    34,324
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    34,324
    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
    10,695
    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
    10,695
    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
    10,695
    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 34,324
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 2,387
    fTotal of lines 3a through e........ 2,387
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 10,695
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 10,695
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 2,387 2,387
    (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 ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		21,242
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a  
    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 ...........     		         
    4 Dividends and interest from securities....     14 14,107  
    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 34,497  
    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)..   48,604  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    48,604
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    RANKIN MUSEUM TR
    EIN:
    45-6427800
    Name of Bond End of Year Book Value End of Year Fair Market Value
    258620103 DOUBLELINE TOTAL RET 33,143 32,110
    64128K868 NEUBERGER BERMAN HIG 11,208 11,931
    722005816 PIMCO INVESTMENT GRA 57,138 58,733
    92206C755 VANGUARD MORTGAGE BA 26,723 26,596
    25264S866 DIAMOND HILL CORP CR 21,022 21,312

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    RANKIN MUSEUM TR
    EIN:
    45-6427800
    Name of Stock End of Year Book Value End of Year Fair Market Value
    002824100 ABBOTT LABORATORIES 580 2,190
    00287Y109 ABBVIE INC COMMON 503 1,714
    02079K107 ALPHABET INC -CL C C 1,111 1,752
    02079K305 ALPHABET INC -CL A C 1,108 1,753
    023135106 AMAZON.COM INC COMMO 1,952 3,257
    032654105 ANALOG DEVICES INC. 1,278 2,068
    036752103 ANTHEM INC COMMON 382 1,927
    052769106 AUTODESK INC COMMON 1,690 3,359
    053015103 AUTOMATIC DATA PROCE 354 529
    097023105 THE BOEING COMPANY C 1,746 1,927
    126650100 CVS COMMON 1,589 1,503
    156782104 CERNER CORP COMMON 864 1,177
    17275R102 CISCO SYSTEMS INC CO 1,551 1,835
    172967424 CITIGROUP INC COMMON 931 1,172
    191216100 THE COCA-COLA CO COM 649 877
    194162103 COLGATE PALMOLIVE CO 703 941
    219350105 CORNING INC COMMON 1,007 1,692
    22822V101 CROWN CASTLE INTL CO 756 1,274
    244199105 DEERE & COMPANY COMM 1,150 2,421
    254687106 THE WALT DISNEY COMP 951 1,449
    254709108 DISCOVER FINANCIAL S 1,341 2,263
    26875P101 EOG RESOURCES INC CO 549 748
    29261A100 ENCOMPASS HEALTH COR 468 579
    302130109 EXPEDITORS INTL WASH 1,058 1,712
    30303M102 FACEBOOK INC-A COMMO 2,318 4,097
    303075105 FACTSET RESEARCH SYS 653 998
    38141G104 GOLDMAN SACHS COMMON 922 1,319
    438516106 HONEYWELL INTERNATIO 856 1,914
    452327109 ILLUMINA INC COM 1,032 1,110
    46120E602 INTUITIVE SURGICAL I 583 818
    478160104 JOHNSON & JOHNSON CO 1,033 1,731
    502431109 L3HARRIS TECHNOLOGIE 690 756
    58933Y105 MERCK & CO INC COMMO 1,079 1,636
    594918104 MICROSOFT CORP COMMO 949 4,893
    61174X109 MONSTER BEVERAGE COR 1,352 2,312
    620076307 MOTOROLA SOLUTIONS I 455 510
    631103108 NASDAQ INC COMMON 882 1,726
    665859104 NORTHERN TRUST GROUP 958 1,211
    67066G104 NVIDIA CORP COMMON 1,416 3,133
    68389X105 ORACLE CORP COMMON 1,752 2,458
    713448108 PEPSICO INC COMMON 848 1,928
    718546104 PHILLIPS 66 COMMON 623 979
    747525103 QUALCOMM INC COMMON 651 1,828
    75886F107 REGENERON PHARMACUET 1,880 1,932
    784117103 SEI INVESTMENTS COMP 621 920
    79466L302 SALESFORCE.COM INC I 2,060 2,448
    855244109 STARBUCKS CORP COMMO 1,384 2,675
    902494103 TYSON FOODS INC INC. 959 967
    911312106 UNITED PARCEL SERVIC 821 1,852
    92220P105 VARIAN MED SYS INC C 294 525
    92343V104 VERIZON COMMUNICATIO 1,279 1,586
    92826C839 VISA INC CLASS A SHA 2,801 4,156
    98138H101 WORKDAY INC COMMON 774 958
    988498101 YUM! BRANDS INC COMM 503 868
    98850P109 YUM CHINA HOLDINGS I 432 571
    01609W102 ALIBABA GROUP HOLDIN 2,404 3,025
    66987V109 NOVARTIS A G ADR 883 1,133
    670100205 NOVO-NORDISK A S ADR 1,348 1,816
    76131D103 RESTAURANT BRANDS IN 601 1,039
    771195104 ROCHE HOLDING LTD AD 1,491 1,748
    806857108 SCHLUMBERGER LTD COM 318 502
    G02602103 AMDOCS LTD SC COMMON 781 922
    G1151C101 ACCENTURE PLC IRELAN 819 2,351
    G5960L103 MEDTRONIC PLC COMMON 1,342 1,874
    H1467J104 CHUBB LIMITED PROSPE 1,599 1,847
    437076102 HOME DEPOT INC COMMO 1,501 2,125

    TY 2020 InvestmentsOtherSchedule2
    Name:
    RANKIN MUSEUM TR
    EIN:
    45-6427800
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    04314H857 ARTISAN INTL VALUE F AT COST 10,010 12,543
    277902235 EATON VANCE -ATLANTA AT COST 34,684 38,239
    31421R619 FEDERATED MDT SMALL AT COST 10,312 19,323
    61760X786 MORGAN STANLEY GLOBA AT COST 16,282 28,885
    89154X526 TOUCHSTONE MID CAP G AT COST 8,488 13,378
    921075438 VAN ECK EMERGING MAR AT COST 5,711 7,273
    922908710 VANGUARD 500 INDEX F AT COST 91,936 122,938
    92828N668 VIRTUS KAR SMALL CAP AT COST 4,056 6,879
    00143W859 INVESCO OPPENHEIMER AT COST 18,802 28,670
    00770G847 JOHCM INTERNATIONAL AT COST 31,414 38,673
    14949P208 CAUSEWAY INTERNATL V AT COST 6,294 9,634
    52106N889 LAZARD EMERGING MKTS AT COST 3,994 5,611
    464288273 ISHARES MSCI EAFE SM AT COST 10,368 17,088
    464288620 ISHARES BROAD USD IN AT COST 47,901 48,770
    46429B267 ISHARES CORE US TREA AT COST 106,904 104,711

    TY 2020 LegalFeesSchedule
    Name:
    RANKIN MUSEUM TR
    EIN:
    45-6427800
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 4,752     4,752


    TY 2020 OtherDecreasesSchedule
    Name:
    RANKIN MUSEUM TR
    EIN:
    45-6427800
    Description Amount
    2020 TRANSACTIONS POSTED IN 2021 317
    RETURN OF CAPITAL ADJUSTMENTS 68
    ROUNDING 1


    TY 2020 OtherExpensesSchedule
    Name:
    RANKIN MUSEUM TR
    EIN:
    45-6427800
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSE (NON-DEDUCTIBLE 3 3   0
    OTHER ALLOCABLE EXPENSE-PRINCI 600 0   600


    TY 2020 OtherIncreasesSchedule
    Name:
    RANKIN MUSEUM TR
    EIN:
    45-6427800
    Description Amount
    2019 TRANSACTIONS POSTED IN 2020 20


    TY 2020 TaxesSchedule
    Name:
    RANKIN MUSEUM TR
    EIN:
    45-6427800
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 31 31   0
    FEDERAL TAX PAYMENT - PRIOR YE 299 0   0
    FEDERAL ESTIMATES - PRINCIPAL 300 0   0
    FOREIGN TAXES ON QUALIFIED FOR 137 137   0
    FOREIGN TAXES ON NONQUALIFIED 2 2   0