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
TROXEL FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)571 CENTRAL AVE SUITE 120
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW PROVIDENCE, NJ07974
A Employer identification number

47-4209182
B Telephone number (see instructions)

(908) 898-0100
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$5,573,333J 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 3 3  
4 Dividends and interest from securities... 103,442 103,442  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -49,492
b Gross sales price for all assets on line 6a 2,971,544
7 Capital gain net income (from Part IV, line 2)... 0
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........ 53,953 103,445 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 22,276 3,045 0 19,231
b Accounting fees (attach schedule)....... Click to see attachment 7,580 2,205 0 5,375
c Other professional fees (attach schedule).... Click to see attachment 43,421 43,421 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,878 1,737 0 56
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 667 667 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 79,822 51,075 0 24,662
25 Contributions, gifts, grants paid....... 240,170 240,170
26 Total expenses and disbursements. Add lines 24 and 25 319,992 51,075 0 264,832
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -266,039
b Net investment income (if negative, enter -0-) 52,370
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.............      
2 Savings and temporary cash investments......... 118,300 44,851 44,851
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   2,231    
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)....... 4,268,790 Click to see attachment4,106,067 5,476,368
c Investments—corporate bonds (attach schedule)....... 72,501 Click to see attachment45,532 45,948
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 bullet10,000
Less: accumulated depreciation (attach schedule) bullet3,834 6,833 Click to see attachment6,166 6,166
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,468,655 4,202,616 5,573,333
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........... 4,468,655 4,202,616
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 4,468,655 4,202,616
30 Total liabilities and net assets/fund balances (see instructions). 4,468,655 4,202,616
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
4,468,655
2
Enter amount from Part I, line 27a .....................
2
-266,039
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,202,616
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,202,616
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 FED HERM TTL RTRN BND   2019-04-16 2020-02-27
b AMERICAN FUNDS EUROPAC GROW   2019-04-16 2020-03-13
c HRDNG LVNR INST EM MRKT-INST   2020-01-24 2020-05-28
d ISHARES RUSSELL MID-CAP ETF   2019-04-16 2020-03-13
e LORD ABBETT SHRT DUR INC-I   2020-02-27 2020-05-21
WESTERN ASSET CORE BOND-S   2020-02-27 2020-05-21
AMER FUNDS EUROPAC GROW   2019-01-15 2020-03-13
FED HERM TTL RTRN BND-INST   2018-10-25 2020-02-27
HRDNG LVNR INST EM MRKT-INST   2019-02-13 2020-05-26
HRDNG LVNR INST EM MRKT-INST   2019-02-13 2020-05-28
ISHARES CORE MSCI EMERGING   2018-11-01 2020-05-28
ISHARES CORE S&P 500 ETF   2020-01-14 2020-05-28
ISHARES CORE S&P 500 ETF   2019-02-15 2020-06-10
ISHARES CORE S&P 500 ETF   2019-02-15 2020-06-10
ISHARES CORE S&P 500 ETF   2019-02-15 2020-12-14
ISHARES RUSSELL 2000 GROWTH   2018-09-28 2020-01-14
ISHARES RUSSELL 2000 GROWTH   2018-09-28 2020-05-21
ISHARES RUSSELL 2000 VALUE E   2016-06-28 2020-05-11
ISHARES RUSSELL MID-CAP ETF   2018-09-28 2020-01-14
ISHARES RUSSELL MID-CAP ETF   2017-11-14 2020-03-13
TIAA CREF HIGH YIELD-!NST   2018-02-27 2020-05-21
USAA SHORT TERM BOND-INST   2016-06-28 2020-02-27
INVESCO CORE PLUS BOND Y   2019-03-29 2020-03-19
INVESCO CORE PLUS BOND Y   2019-04-30 2020-03-19
INVESCO CORE PLUS BOND Y   2019-05-31 2020-03-19
INVESCO CORE PLUS BOND Y   2019-06-28 2020-03-19
INVESCO CORE PLUS BOND Y   2019-07-31 2020-03-19
INVESCO CORE PLUS BOND Y   2019-08-30 2020-03-19
INVESCO CORE PLUS BOND Y   2019-09-30 2020-03-19
INVESCO CORE PLUS BOND Y   2019-10-31 2020-03-19
INVESCO CORE PLUS BOND Y   2019-11-29 2020-03-19
INVESCO CORE PLUS BOND Y   2019-12-31 2020-03-19
INVESCO CORE PLUS BOND Y   2020-01-31 2020-03-19
INVESCO CORE PLUS BOND Y   2020-02-28 2020-03-19
MSIF ULTRA-SHORT INCOME IR   2019-08-30 2020-03-16
MSIF ULTRA-SHORT INCOME IR   2019-09-30 2020-03-16
MSIF ULTRA-SHORT INCOME IR   2019-10-31 2020-03-16
MSIF ULTRA-SHORT INCOME IR   2019-11-29 2020-03-16
MSIF ULTRA-SHORT INCOME IR   2019-12-31 2020-03-16
MSIF ULTRA-SHORT INCOME IR   2020-01-31 2020-03-16
MSIF ULTRA-SHORT INCOME IR   2020-02-28 2020-03-16
PUTNAM ULTRA SHT DUR INC Y   2020-07-23 2020-12-03
PUTNAM ULTRA SHT DUR INC Y   2020-07-31 2020-12-03
PUTNAM ULTRA SHT DUR INC Y   2020-08-31 2020-12-03
PUTNAM ULTRA SHT DUR INC Y   2020-09-30 2020-12-03
PUTNAM ULTRA SHT DUR INC Y   2020-10-30 2020-12-03
PUTNAM ULTRA SHT DUR INC Y   2020-11-30 2020-12-03
INVESCO CORE PLUS BOND Y   2016-07-27 2020-03-19
INVESCO CORE PLUS BOND Y   2016-08-31 2020-03-19
INVESCO CORE PLUS BOND Y   2016-09-30 2020-03-19
INVESCO CORE PLUS BOND Y   2016-09-30 2020-03-19
INVESCO CORE PLUS BOND Y   2016-10-31 2020-03-19
INVESCO CORE PLUS BOND Y   2016-10-31 2020-03-19
INVESCO CORE PLUS BOND Y   2016-11-30 2020-03-19
INVESCO CORE PLUS BOND Y   2016-12-13 2020-03-19
INVESCO CORE PLUS BOND Y   2016-12-13 2020-03-19
INVESCO CORE PLUS BOND Y   2016-12-30 2020-03-19
INVESCO CORE PLUS BOND Y   2017-01-31 2020-03-19
INVESCO CORE PLUS BOND Y   2017-02-28 2020-03-19
INVESCO CORE PLUS BOND Y   2017-03-31 2020-03-19
INVESCO CORE PLUS BOND Y   2017-04-28 2020-03-19
INVESCO CORE PLUS BOND Y   2017-05-10 2020-03-19
INVESCO CORE PLUS BOND Y   2017-05-31 2020-03-19
INVESCO CORE PLUS BOND Y   2017-06-30 2020-03-19
INVESCO CORE PLUS BOND Y   2017-07-31 2020-03-19
INVESCO CORE PLUS BOND Y   2017-08-31 2020-03-19
INVESCO CORE PLUS BOND Y   2017-09-29 2020-03-19
INVESCO CORE PLUS BOND Y   2017-10-31 2020-03-19
INVESCO CORE PLUS BOND Y   2017-11-30 2020-03-19
INVESCO CORE PLUS BOND Y   2017-12-29 2020-03-19
INVESCO CORE PLUS BOND Y   2018-01-31 2020-03-19
INVESCO CORE PLUS BOND Y   2018-02-28 2020-03-19
INVESCO CORE PLUS BOND Y   2018-03-29 2020-03-19
INVESCO CORE PLUS BOND Y   2018-04-30 2020-03-19
INVESCO CORE PLUS BOND Y   2018-05-31 2020-03-19
INVESCO CORE PLUS BOND Y   2018-06-29 2020-03-19
INVESCO CORE PLUS BOND Y   2018-07-31 2020-03-19
INVESCO CORE PLUS BOND Y   2018-08-31 2020-03-19
INVESCO CORE PLUS BOND Y   2018-09-28 2020-03-19
INVESCO CORE PLUS BOND Y   2018-10-31 2020-03-19
INVESCO CORE PLUS BOND Y   2018-11-30 2020-03-19
INVESCO CORE PLUS BOND Y   2018-12-31 2020-03-19
INVESCO CORE PLUS BOND Y   2019-01-31 2020-03-19
INVESCO CORE PLUS BOND Y   2019-02-28 2020-03-19
ISHARES TIPS BOND ETF   2016-07-27 2020-03-19
ISHARES TIPS BOND ETF   2016-09-30 2020-03-19
MSIF ULTRA-SHORT INCOME IR   2018-12-14 2020-03-16
PIMCO ENHANCED SHRT MTRT EXC   2016-07-27 2020-03-19
PIMCO ENHANCED SHRT MTRT EXC   2016-09-30 2020-03-19
PIMCO ENHANCED SHRT MTRT EXC   2018-10-18 2020-03-19
RBC USA HOLDCO CO 5250 20SP15   2016-04-15 2020-09-15
ISHARES RUSSELL 2000 ETF   2020-03-19 2020-04-08
ISHARES RUSSELL 2000 ETF   2020-03-19 2020-06-05
ISHARES RUSSELL 2000 VALUE ETF   2020-06-05 2020-07-30
ISHARES RUSSELL 2000 VALUE ETF   2020-06-11 2020-07-30
ISHARES RUSSELL 2000 VALUE ETF   2020-06-11 2020-10-21
LAKELAND IND INC   2020-04-15 2020-08-11
LAKELAND IND INC   2020-04-15 2020-08-12
LAKELAND IND INC   2020-04-16 2020-08-12
LAKELAND IND INC   2020-04-16 2020-08-13
LAKELAND IND INC   2020-04-14 2020-08-14
LAKELAND IND INC   2020-04-16 2020-08-14
LAKELAND IND INC   2020-04-14 2020-08-17
LYONDELLBASELL NV CL-A   2019-09-24 2020-03-17
LYONDELLBASELL NV CL-A   2020-02-28 2020-03-17
MICROSOFT CORP   2020-03-12 2020-05-14
MOLSON COORS BEVERAGE CO CL B   2019-12-13 2020-08-11
MOLSON COORS BEVERAGE CO CL B   2020-03-04 2020-08-11
MOLSON COORS BEVERAGE CO CL B   2019-12-13 2020-08-13
MOLSON COORS BEVERAGE CO CL B   2020-03-05 2020-08-13
MOLSON COORS BEVERAGE CO CL B   2020-03-05 2020-08-19
MOLSON COORS BEVERAGE CO CL B   2020-03-16 2020-08-19
MOLSON COORS BEVERAGE CO CL B   2020-03-16 2020-08-27
MOLSON COORS BEVERAGE CO CL B   2020-01-06 2020-08-11
MSIF ULTRA-SHORT INCOME IR   2019-02-26 2020-01-06
MSIF ULTRA-SHORT INCOME IR   2019-05-31 2020-01-06
MSIF ULTRA-SHORT INCOME IR   2019-06-28 2020-01-06
MSIF ULTRA-SHORT INCOME IR   2019-07-31 2020-01-06
MSIF ULTRA-SHORT INCOME IR   2019-10-31 2020-01-06
MSIF ULTRA-SHORT INCOME IR   2019-02-26 2020-01-13
MSIF ULTRA-SHORT INCOME IR   2019-12-31 2020-01-13
MSIF ULTRA-SHORT INCOME IR   2019-02-26 2020-01-24
MSIF ULTRA-SHORT INCOME IR   2019-02-26 2020-02-04
MSIF ULTRA-SHORT INCOME IR   2019-02-28 2020-02-04
MSIF ULTRA-SHORT INCOME IR   2019-03-29 2020-02-04
MSIF ULTRA-SHORT INCOME IR   2019-04-30 2020-02-04
MSIF ULTRA-SHORT INCOME IR   2019-08-30 2020-02-04
MSIF ULTRA-SHORT INCOME IR   2019-09-30 2020-02-04
MSIF ULTRA-SHORT INCOME IR   2019-11-29 2020-02-04
MSIF ULTRA-SHORT INCOME IR   2020-01-31 2020-02-04
MSIF ULTRA-SHORT INCOME IR   2020-01-31 2020-02-04
NETFLIX INC   2020-03-12 2020-04-14
NETFLIX INC   2019-09-24 2020-05-14
NETFLIX INC   2020-03-12 2020-05-14
PPL CORPORATION   2019-09-24 2020-03-26
PTC INC   2019-04-30 2020-03-17
PTC INC   2020-01-21 2020-03-17
PTC INC   2020-03-12 2020-03-17
PTC INC   2020-01-21 2020-03-17
PTC INC   2019-03-19 2020-03-17
PROLOGIS INC COM   2020-03-09 2020-05-14
APPLE INC.   2016-04-15 2020-12-14
UNILEVER PLC   2020-03-04 2020-06-05
SPDR GOLD TR GOLD SHS   2019-10-31 2020-03-12
SPDR GOLD TR GOLD SHS   2020-01-24 2020-03-12
ROYAL DUTCH SHELL PLC   2020-02-04 2020-03-16
ROYAL DUTCH SHELL PLC   2020-02-28 2020-03-16
ROYAL DUTCH SHELL PLC   2020-03-13 2020-03-16
ROYAL DUTCH SHELL PLC   2020-04-20 2020-05-08
ROYAL DUTCH SHELL PLC   2019-09-24 2020-03-16
BANK OF AMERICA CORP   2016-04-15 2020-03-09
BANK OF AMERICA CORP   2016-03-14 2020-03-30
BANK OF AMERICA CORP   2016-04-15 2020-03-30
BARRICK GOLD CORP   2019-02-19 2020-03-12
BP PLC ADS   2017-10-27 2020-03-16
BP PLC ADS   2017-11-01 2020-03-16
BP PLC ADS   2018-08-14 2020-03-16
BP PLC ADS   2018-12-21 2020-03-16
CARRIER GLOBAL CORPORATION   2016-03-01 2020-04-06
CARRIER GLOBAL CORPORATION   2016-03-14 2020-04-06
CARRIER GLOBAL CORPORATION   2016-04-15 2020-04-06
CARRIER GLOBAL CORPORATION   2019-02-26 2020-04-06
CLOROX CO   2019-02-26 2020-03-24
COLGATE PALMOLIVE CO   2018-08-14 2020-08-11
COLGATE PALMOLIVE CO   2018-08-14 2020-12-07
CONSTELLATION BRANDS INC   2019-02-26 2020-03-16
CONSTELLATION BRANDS INC   2019-02-26 2020-03-16
COSTCO WHOLESALE CORP   2016-03-14 2020-06-16
COSTCO WHOLESALE CORP   2016-03-01 2020-06-16
CONSTELLATION BRANDS INC CL A   2019-01-03 2020-03-16
COSTCO WHOLESALE CORP NEW(CONT)   2016-04-15 2020-06-16
DANONE SPONSORED ADR   2018-08-14 2020-03-04
DUKE ENERGY CORPORATION   2018-08-14 2020-08-28
DUKE ENERGY CORPORATION   2018-08-14 2020-09-17
FACEBOOK INC CL-A   2018-10-03 2020-12-14
GENERAL MILLS INC   2019-02-26 2020-04-22
GENERAL MILLS INC   2019-02-26 2020-11-09
GENERAL MILLS INC   2019-02-26 2020-12-07
INTL FLAVORS & FRAGRANCES   2018-07-31 2020-05-14
INTL FLAVORS & FRAGRANCES   2018-08-14 2020-05-14
JPMORGAN CHASE & CO   2016-04-15 2020-03-09
KIMBERLY CLARK CORP   2018-08-14 2020-05-14
KIMBERLY CLARK CORP   2018-08-14 2020-11-09
KIMBERLY CLARK CORP   2018-08-14 2020-12-07
LYONDELLBASELL NV CL-A   2016-08-05 2020-03-17
LYONDELLBASELL NV CL-A   2016-03-01 2020-03-17
KIMBERLY CLARK CORP   2018-07-23 2020-12-07
LYONDELLBASELL NV CL-A   2017-06-12 2020-03-17
MASTERCARD INC CL A   2016-04-15 2020-12-14
MICROSOFT CORP   2016-04-15 2020-05-14
NESTLE SPON ADR REP REG SHR   2018-05-24 2020-06-16
NETFLIX INC   2016-06-23 2020-12-14
NETFLIX INC   2019-09-24 2020-12-14
OTIS WORLDWIDE CORP   2016-03-01 2020-04-03
OTIS WORLDWIDE CORP   2016-03-01 2020-04-06
OTIS WORLDWIDE CORP   2016-03-14 2020-04-06
OTIS WORLDWIDE CORP   2016-04-15 2020-04-06
OTIS WORLDWIDE CORP   2019-02-26 2020-04-06
PHILIP MORRIS INTL INC   2018-07-09 2020-05-14
PHILIP MORRIS INTL INC   2018-08-14 2020-05-14
PHILIP MORRIS INTL INC   2018-08-14 2020-06-05
PHILIP MORRIS INTL INC   2018-12-28 2020-06-05
PROLOGIS INC.   2019-02-26 2020-05-14
PPL CORPORATION   2018-08-14 2020-09-17
PPL CORPORATION   2018-08-14 2020-03-26
ROYAL DUTCH SHELL PLC   2018-01-04 2020-03-16
ROYAL DUTCH SHELL PLC   2018-08-14 2020-03-16
ROYAL DUTCH SHELL PLC   2018-12-21 2020-03-16
COLGATE PALMOLIVE CO   2018-08-08 2020-08-11
NESTLE SPON ADR   2018-08-08 2020-05-14
NESTLE SPON ADR   2018-08-08 2020-06-16
NESTLE SPON ADR   2018-08-08 2020-03-04
SPDR GOLD TR GOLD SHA   2018-02-14 2020-03-12
SPDR GOLD TR GOLD SHA   2018-04-11 2020-03-12
SPDR GOLD TR GOLD SHA   2019-02-26 2020-03-12
SPDR GOLD TR GOLD SHS   2018-02-01 2020-03-12
ROYAL DUTCH SHELL PLC   2017-10-27 2020-03-16
SPDR GOLD TR GOLD SHS   2018-02-14 2020-01-10
SPDR GOLD TR GOLD SHS   2018-02-14 2020-02-05
LYONDELLBASELL NV CL-A   2016-04-15 2020-03-17
UNILEVER PLC   2018-08-14 2020-06-05
ANSYS INC   2020-03-17 2020-04-16
ANSYS INC   2020-03-17 2020-12-14
BARRICK GOLD CORP   2019-10-31 2020-03-12
BP PLC ADS   2019-09-24 2020-03-16
BP PLC ADS   2020-02-04 2020-03-16
BP PLC ADS   2020-02-28 2020-03-16
BP PLC ADS   2020-03-13 2020-03-16
CONSTELLATION BRANDS INC   2020-01-09 2020-03-16
CONSTELLATION BRANDS INC   2020-02-28 2020-03-16
DUKE ENERGY CORPORATION   2019-09-24 2020-08-28
ENERGY SEL SECT SPDR   2020-03-16 2020-04-20
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 339   321 18
b 48,551   59,200 -10,649
c 46,128   52,090 -5,962
d 149,810   185,198 -35,388
e 49,566   51,515 -1,949
24,820   24,579 241
164,829   174,146 -9,317
385,085   355,189 29,896
28,753   32,740 -3,987
25,049   28,347 -3,298
47,059   41,716 5,343
110,159   90,759 19,400
70,635   61,361 9,274
14,905   11,436 3,469
14,598   11,157 3,441
7,007   6,881 126
24,975   26,486 -1,511
64,957   76,624 -11,667
54,923   50,010 4,913
74,500   83,490 -8,990
18,651   20,387 -1,736
124,179   122,224 1,955
198   204 -6
199   205 -6
187   195 -8
186   196 -10
185   196 -11
167   181 -14
168   181 -13
158   170 -12
158   170 -12
159   171 -12
157   172 -15
155   172 -17
218   219 -1
183   183 0
179   179 0
164   165 -1
163   164 -1
156   156 0
140   141 -1
15,193   15,178 15
2   2 0
7   7 0
7   7 0
7   7 0
6   6 0
22,328   23,846 -1,518
55   59 -4
56   60 -4
25,355   27,030 -1,675
      0
110   117 -7
122   126 -4
32   33 -1
36   37 -1
143   148 -5
123   127 -4
126   132 -6
127   132 -5
126   133 -7
7,001   7,088 -87
137   144 -7
146   154 -8
145   154 -9
144   153 -9
145   153 -8
145   154 -9
146   154 -8
146   155 -9
148   155 -7
158   163 -5
158   164 -6
161   164 -3
173   177 -4
175   177 -2
185   188 -3
185   189 -4
187   189 -2
191   190 1
193   191 2
193   192 1
200   203 -3
200   203 -3
5,651   5,918 -267
5,541   5,820 -279
95,645   95,645 0
5,837   5,972 -135
5,639   5,783 -144
7,716   7,919 -203
25,000   25,000 0
18,151   16,459 1,692
10,853   7,646 3,207
10,172   10,838 -666
9,275   8,721 554
12,721   11,065 1,656
6,535   5,025 1,510
3,419   2,795 624
2,685   2,038 647
4,055   3,104 951
725   565 160
3,262   2,579 683
3,952   3,106 846
8,341   18,930 -10,589
5,497   10,205 -4,708
10,894   9,010 1,884
4,722   6,290 -1,568
3,455   4,672 -1,217
3,259   4,398 -1,139
6,822   8,927 -2,105
1,365   1,785 -420
8,647   9,663 -1,016
11,718   13,181 -1,463
7,717   10,967 -3,250
18,267   18,267 0
258   258 0
224   224 0
225   225 0
199   199 0
21,919   21,919 0
182   182 0
21,193   21,193 0
43,563   43,563 0
11   11 0
328   328 0
313   313 0
217   217 0
203   203 0
183   183 0
18   18 0
108   108 0
9,106   7,355 1,751
18,773   10,825 7,948
2,235   1,599 636
10,192   14,151 -3,959
2,936   5,287 -2,351
2,480   3,932 -1,452
8,403   9,231 -828
4,252   6,694 -2,442
4,505   8,222 -3,717
10,388   10,120 268
3,808   868 2,940
5,573   5,761 -188
22,865   21,531 1,334
22,865   22,362 503
5,101   11,048 -5,947
5,784   10,338 -4,554
7,565   8,460 -895
48,064   51,111 -3,047
4,466   10,662 -6,196
5,712   3,578 2,134
8,770   5,576 3,194
10,139   6,677 3,462
37,244   30,685 6,559
3,415   7,002 -3,587
5,208   11,217 -6,009
9,481   21,315 -11,834
6,924   13,667 -6,743
228   264 -36
471   561 -90
1,064   1,372 -308
654   1,030 -376
30,165   28,465 1,700
4,250   3,683 567
18,387   14,206 4,181
2,891   4,069 -1,178
474   678 -204
9,320   4,740 4,580
5,712   2,854 2,858
8,057   11,045 -2,988
3,608   1,840 1,768
18,249   20,398 -2,149
14,266   14,623 -357
6,858   6,580 278
7,126   4,220 2,906
18,370   14,262 4,108
9,055   7,131 1,924
9,178   7,178 2,000
6,965   7,440 -475
5,597   5,946 -349
10,453   6,704 3,749
7,527   6,115 1,412
9,119   7,450 1,669
3,407   2,780 627
3,526   6,953 -3,427
531   1,130 -599
5,860   4,511 1,349
4,512   9,715 -5,203
3,017   873 2,144
1,250   390 860
8,048   5,587 2,461
14,368   2,557 11,811
4,618   2,320 2,298
21   25 -4
323   345 -22
715   784 -69
1,614   1,918 -304
991   1,440 -449
2,440   2,966 -526
4,813   5,845 -1,032
4,028   4,363 -335
16,570   14,891 1,679
3,108   2,697 411
6,894   7,212 -318
16,927   21,723 -4,796
4,198   12,086 -7,888
8,175   22,055 -13,880
5,711   13,615 -7,904
3,795   3,330 465
14,139   10,963 3,176
29,546   22,091 7,455
24,989   18,464 6,525
1,969   1,667 302
4,543   3,878 665
18,474   15,296 3,178
4,543   3,822 721
2,684   6,976 -4,292
17     17
24     24
2,047   4,804 -2,757
20,491   20,354 137
9,173   7,946 1,227
14,165   9,049 5,116
10,126   10,721 -595
5,036   10,092 -5,056
5,723   11,059 -5,336
6,390   10,353 -3,963
7,611   8,488 -877
5,421   8,727 -3,306
361   509 -148
6,895   8,396 -1,501
105,101   94,388 10,713
4,255     4,255
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       18
b       -10,649
c       -5,962
d       -35,388
e       -1,949
      241
      -9,317
      29,896
      -3,987
      -3,298
      5,343
      19,400
      9,274
      3,469
      3,441
      126
      -1,511
      -11,667
      4,913
      -8,990
      -1,736
      1,955
      -6
      -6
      -8
      -10
      -11
      -14
      -13
      -12
      -12
      -12
      -15
      -17
      -1
      0
      0
      -1
      -1
      0
      -1
      15
      0
      0
      0
      0
      0
      -1,518
      -4
      -4
      -1,675
      0
      -7
      -4
      -1
      -1
      -5
      -4
      -6
      -5
      -7
      -87
      -7
      -8
      -9
      -9
      -8
      -9
      -8
      -9
      -7
      -5
      -6
      -3
      -4
      -2
      -3
      -4
      -2
      1
      2
      1
      -3
      -3
      -267
      -279
      0
      -135
      -144
      -203
      0
      1,692
      3,207
      -666
      554
      1,656
      1,510
      624
      647
      951
      160
      683
      846
      -10,589
      -4,708
      1,884
      -1,568
      -1,217
      -1,139
      -2,105
      -420
      -1,016
      -1,463
      -3,250
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      1,751
      7,948
      636
      -3,959
      -2,351
      -1,452
      -828
      -2,442
      -3,717
      268
      2,940
      -188
      1,334
      503
      -5,947
      -4,554
      -895
      -3,047
      -6,196
      2,134
      3,194
      3,462
      6,559
      -3,587
      -6,009
      -11,834
      -6,743
      -36
      -90
      -308
      -376
      1,700
      567
      4,181
      -1,178
      -204
      4,580
      2,858
      -2,988
      1,768
      -2,149
      -357
      278
      2,906
      4,108
      1,924
      2,000
      -475
      -349
      3,749
      1,412
      1,669
      627
      -3,427
      -599
      1,349
      -5,203
      2,144
      860
      2,461
      11,811
      2,298
      -4
      -22
      -69
      -304
      -449
      -526
      -1,032
      -335
      1,679
      411
      -318
      -4,796
      -7,888
      -13,880
      -7,904
      465
      3,176
      7,455
      6,525
      302
      665
      3,178
      721
      -4,292
      17
      24
      -2,757
      137
      1,227
      5,116
      -595
      -5,056
      -5,336
      -3,963
      -877
      -3,306
      -148
      -1,501
      10,713
      4,255
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 -49,492
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................................ 1 728
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........................... 3 728
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- ..... 5 728
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,270
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 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,270
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,542
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,542 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
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
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    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
     
    No
    Website addressbulletN/A
    14
    The books are in care ofbulletJANET B BELL Telephone no.bullet (908) 879-8040

    Located atbullet19 MELROSE DRCHESTERNJ ZIP+4bullet07930
    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
    MARGUERITE B TROXEL PRESIDENT
    1.00     		0 0 0
    37 FURNACE RD
    CHESTER,NJ07930
    JOHN O MCMANUS TRUSTEE
    2.00     		0 0 0
    571 CENTRAL AVE SUITE 120
    NEW PROVIDENCE,NJ07974
    JANET B BELL TRUSTEE
    2.00     		0 0 0
    19 MELROSE DR
    CHESTER,NJ07930
    ROSE MCMANUS TRUSTEE
    1.00     		0 0 0
    571 CENTRAL AVE SUITE 120
    NEW PROVIDENCE,NJ07974
    GREGORY BREUNINGER TRUSTEE
    1.00     		0 0 0
    659 FRANCIS AVE SE
    ATLANTA,GA30312
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,874,741
    b
    Average of monthly cash balances.......................
    1b
    147,002
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,021,743
    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
    5,021,743
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    75,326
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,946,417
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    247,321
    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
    247,321
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    728
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    728
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    246,593
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    246,593
    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
    246,593
    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
    264,832
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    264,832
    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
    264,832
    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 7 246,593
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 240,052
    b Total for prior years:20, 20, 20 0
    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........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 264,832
    a Applied to 2019, but not more than line 2a 240,052
    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..... 24,780
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (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 ..........     		221,813
    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....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    AMERICAN NURSES FOUNDATION
    8515 GEORGIA AVE
    SILVER SPRINGS,MD20910     		NONE   GENERAL PURPOSE 500
    CATHOLIC EXTENSION
    150 SOUTH WACKER DR
    CHICAGO,IL60606     		NONE   GENERAL PURPOSE 500
    CHURCH OF SAINT JAMES
    184 SOUTH FINLEY AVE
    BASKING RIDGE,NJ07920     		NONE   RENOVATIONS TO RECTORY FOR NUNS 5,000
    COUNTY COLLEGE OF MORRIS
    214 CENTER GROVE ROAD
    RANDOLPH,NJ078692086     		NONE   NURSING SCHOLARSHIPS 5,000
    DIOCESE OF PATERSON
    777 VALLEY ROAD
    CLIFTON,NJ07013     		NONE   GENERAL PURPOSE 300
    FINCA
    1201 15TH STREET NW
    WASHINGTON,DC20005     		NONE   GENERAL PURPOSE 500
    FOUNDATION FOR MORRISTOWN MEDICAL CENTER
    475 SOUTH STREET
    MORRISTOWN,NJ07960     		NONE   SCHOLARSHIPS FOR NURSING STUDENTS 20,000
    LONG VALLEY COMMUNITY ASSISTANCE PROGRAM
    LONG VALLEY PRESBYTERIAN
    LONG VALLEY,NJ07853     		NONE   FOOD BANK 5,000
    NEW YORK UNIVERSITY HARTFORD INSTITUTE FOR GERIATRIC NURSING
    433 FIRST AVE
    NEW YORK,NY10010     		NONE   GENERAL PURPOSE 3,750
    SAGE ELDERCARE INC
    290 BROAD ST
    SUMMIT,NJ07901     		NONE   GENERAL PURPOSE 10,000
    SENIOR RESOURCE CENTER
    50 ROUTE 24
    CHESTER,NJ07930     		NONE   GENERAL PURPOSE 3,000
    SISTERS OF CHRISTIAN CHARITY
    350 BERNARDSVILLE RD
    MENDHAM,NJ07945     		NONE   CARE OF INFIRM & ELDERLY SISTERS 10,000
    SOMERSET COUNTY YMCA
    140 MT AIRY RD
    BASKING RIDGE,NJ07920     		NONE   PROGRAMS THAT ASSIST THE ELDERLY 10,000
    ST LAWRENCE CHURCH
    375 MAIN ST
    CHESTER,NJ07930     		NONE   SCHOLARSHIPS FOR FAMILIES WITH CHILD 19,120
    ST LAWRENCE CHURCH
    375 MAIN ST
    CHESTER,NJ07930     		NONE   GENERAL PURPOSE 20,000
    UNIVERSITY OF NOTRE DAME
    1100 GRACE HALL
    NOTRE DAME,IN46556     		NONE   ROSE LAB-ALZHEIMER'S RESEARCH PROJ 7,500
    VNA
    175 SOUTH STREET
    MORRISTOWN,NJ07960     		NONE   GENERAL PURPOSE 17,500
    CHESTER MENDHAM FOOD PANTRY
    PO BOX 694
    CHESTER,NJ07930     		NONE   GENERAL 500
    FAMILY PROMISE
    PO BOX 1494
    MORRISTOWN,NJ079621494     		NONE   GENERAL 15,000
    FOUNDATION FOR MORRISTOWN MEDICAL CENTER
    475 SOUTH STREET
    MORRISTOWN,NJ07960     		NONE   COVID RELIEF FOR HOSPITAL WORKERS 25,000
    ATLANTA COMMUNITY FOOD BANK
    3400 NORTH DESERT DRIVE
    ATLANTA,GA30344     		NONE   GENERAL 10,000
    L C PASTORAL SERVICES
    815 BOSTON POST ROAD
    RYE,NY10580     		    GENERAL PURPOSE 12,500
    COMMUNITY FOOD BANK OF NJ
    31 EVANS TERMINAL
    HILLSIDE,NJ07205     		NONE   GENERAL PURPOSE 12,500
    ST ELIZABETH UNIVERSITY
    2 CONVENT ROAD
    MORRISTOWN,NJ07960     		NONE   NURSING SCHOLARSHIPS 10,000
    ARMY WAR COLLEGE FOUNDATION INCORPORATED
    122 FORBES AVE
    CARLISLE,PA170135218     		NONE   GENERAL PURPOSE 1,000
    ST LAWRENCE CHURCH
    375 MAIN ST
    CHESTER,NJ07930     		NONE   RENTAL ASSISTANCE MATCHING PROGRAM 10,000
    CHESTER VOLUNTEER FIRE DEPARTMENT
    86 MAIN STREET PO BOX 506
    CHESTER,NJ07930     		NONE   GENERAL PURPOSE 1,000
    ST LAWRENCE CHURCH
    375 MAIN ST
    CHESTER,NJ07930     		NONE   COVID RELIEF 5,000
    Total .................................bullet 3a 240,170
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 3  
    4 Dividends and interest from securities....     14 103,442  
    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 -49,492  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 53,953 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    53,953
    (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 AccountingFeesSchedule
    Name:
    TROXEL FAMILY FOUNDATION INC
    EIN:
    47-4209182
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    JANET B BELL CPA 7,580 2,205 0 5,375

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

    TY 2020 AmortizationSchedule
    Name:
    TROXEL FAMILY FOUNDATION INC
    EIN:
    47-4209182
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    FORMATION 2015-04-25 10,000 3,167 180.000000000000 667 667 0 3,834

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    TROXEL FAMILY FOUNDATION INC
    EIN:
    47-4209182
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BLACKROCK INC. 4.25% 25,200 25,386
    GOLDMAN SACHS GROUP 5.25% 20,332 20,562

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    TROXEL FAMILY FOUNDATION INC
    EIN:
    47-4209182
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALCON INC 25,636 29,823
    ALPHABET INC 13,787 31,548
    AMERICOLD REALTY TRUST 39,031 39,784
    ANSYS INC. 24,029 46,930
    APPLE 9,246 47,901
    AT&T INC 51,719 45,930
    BANK OF AMERICA 449 1,000
    CISCO SYSTEMS 28,469 30,609
    CROWN CASTLE INTL CORP 30,553 48,075
    DUKE ENERGY CORP 34,419 39,554
    FACEBOOK INC 18,532 44,252
    FREEPORT-MCMORAN 42,979 98,304
    HONEYWELL INTL 25,442 41,051
    INTL FLAVORS & FRAGRANCES 28,727 24,054
    JPMORGAN CHASE 13,051 27,066
    MASTERCARD INC 12,083 47,473
    MICROSOFT 11,064 45,819
    NETFLIX INC. 7,795 47,044
    NUTRIEN LTD 19,111 18,253
    PPL CORP 27,291 26,649
    PROCTER & GAMBLE 20,320 34,785
    PROLOGIS INC 44,591 67,171
    REPUBLIC SERVICES 39,062 50,558
    VALERO ENERGY 69,818 67,318
    VERIZON COMMUNICATIONS 38,040 42,183
    WALT DISNEY CO 21,294 37,685
    WASTE MANAGEMENT 50,251 59,319
    WHITE MOUNTAIN GROUP BERMUDA 281,145 300,198
    PRINCIPAL SPC PRF & CP SEC 99,883 107,043
    INVESCO CORE PLUS BOND 24,039 24,102
    VOYA GNMA INCOME 78,612 78,789
    VOYA STRAT INC OPPORTUNITY 45,777 44,839
    BERKSHIRE HATHAWAY INC. 77,480 131,934
    THERMO FISHER SCIENTIFIC 75,297 260,371
    TIAA-CREF HIGH YIELD FD 87,600 89,502
    ISHARES RUSSELL 2000 GROWTH 43,158 90,884
    HARDING LOEVNER INST EMRG 63,041 84,331
    ISHARES JPMORGAN USD EMERG MKTS 58,678 65,026
    ISHARES CORE S&P 500 ETF 140,045 192,950
    VANGUARD S&P 500 ETF 289,518 390,776
    AIR PROD & CHEM INC 2,852 2,732
    ALCOA CORP 30,543 48,843
    AMDOCS LIMITED ORD 10,365 10,852
    ARCELORMITTAL CL A 23,733 39,296
    AUTOMATIC DATA PROCESSING INC. 19,603 21,496
    BOOKING HOLDINGS INC 41,791 51,227
    BP PLC ADR 51,556 46,642
    CH ROBINSON WORLDWIDE INC 10,386 14,174
    CHEMOURS CO COM 22,176 20,700
    DOW INC 25,669 56,888
    ECOLAB INC 44,634 59,067
    FLIR SYSTEMS INC 18,451 20,249
    HESS CORP 68,513 73,167
    INTEL CORP 30,328 29,045
    LINDE PLC 25,917 30,831
    MARTIN MARIETTA MATERIALS 54,006 71,560
    SUNCOR ENERGY INC 20,314 19,868
    SUZANO SA ADR 18,095 21,533
    TWITTER INC 8,138 17,274
    RAYTHEON TECHNOLOGIES CORP 9,522 11,370
    UNITEDHEALTH GP INC 26,291 38,925
    WEYERHAEUSER CO 44,071 50,597
    ISHARES TIPS BOND ETF 19,535 20,169
    E V SHT DURATION GOVT INC 74,963 74,910
    ISHARES RUSSELL 2000 ETF 65,858 97,638
    VANGUARD GROWTH ETF 58,179 72,455
    VANGUARD MID-CAP ETF 245,387 375,494
    HARDING LOEVNER INTERNATIONAL EQUITY 208,704 308,903
    ISHARES CORE MSCI EAFE ETF 125,394 146,678
    SCHWAB INTERNATIONAL SMALL-CAP EQUITY 54,594 59,826
    DFA INFLATION PROTECTED SECURITIES 75,838 82,302
    LORD ABBETT SHORT DURATION INCOME FUND 72,788 72,444
    WESTERN ASSET CORE BOND FUND 361,415 373,153
    ISHARES MSCI EMERGING MARKETS 25,396 35,177

    TY 2020 LandEtcSchedule2
    Name:
    TROXEL FAMILY FOUNDATION INC
    EIN:
    47-4209182
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FORMATION 10,000 3,834 6,166  


    TY 2020 LegalFeesSchedule
    Name:
    TROXEL FAMILY FOUNDATION INC
    EIN:
    47-4209182
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MCMANUS & ASSOCIATES 22,276 3,045 0 19,231


    TY 2020 OtherExpensesSchedule
    Name:
    TROXEL FAMILY FOUNDATION INC
    EIN:
    47-4209182
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AMORTIZATION 667 667   0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    TROXEL FAMILY FOUNDATION INC
    EIN:
    47-4209182
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TIAA/CREF MANAGER FEE 19,438 19,438 0 0
    MS #031538-005 3,957 3,957 0 0
    MS #030635-005 20,001 20,001 0 0
    MS #026008-005 25 25 0 0


    TY 2020 TaxesSchedule
    Name:
    TROXEL FAMILY FOUNDATION INC
    EIN:
    47-4209182
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX - TIAA-CREF 1,088 1,088 0 0
    FOREIGN TAX - MS #030635-005 649 649 0 0
    NJ CAR 100 56 0 0 56
    TAX ON INVESTMENT INCOME 4,085 0 0 0