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
CHARLES & IRENE NANNEY FOUNDATION
C/O DAVID POWELL NANNEY JR
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 19763
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RALEIGH, NC276199766
A Employer identification number

56-6046763
B Telephone number (see instructions)

(919) 848-0420
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$3,581,373J 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... 103,355 103,355  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -48,154
b Gross sales price for all assets on line 6a 1,566,607
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........ 55,201 103,355  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 4,500 0   4,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,050 0   4,050
c Other professional fees (attach schedule).... Click to see attachment 24,399 24,399   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,962 3,932   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 288 0   288
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 38,199 28,331   8,838
25 Contributions, gifts, grants paid....... 142,900 142,900
26 Total expenses and disbursements. Add lines 24 and 25 181,099 28,331   151,738
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -125,898
b Net investment income (if negative, enter -0-) 75,024
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 54,847 38,062 38,062
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,608,776 Click to see attachment2,558,278 3,053,833
c Investments—corporate bonds (attach schedule)....... 510,912 Click to see attachment452,297 489,478
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,174,535 3,048,637 3,581,373
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 3,174,535 3,048,637
29 Total net assets or fund balances (see instructions)..... 3,174,535 3,048,637
30 Total liabilities and net assets/fund balances (see instructions). 3,174,535 3,048,637
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
3,174,535
2
Enter amount from Part I, line 27a .....................
2
-125,898
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,048,637
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
3,048,637
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY-TRADED SECURITIES P    
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,566,540   1,614,761 -48,221
b 67     67
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -48,221
b       67
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -48,154
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 1,043
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 1,043
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 1,043
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,720
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 1,720
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 10 677
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet677 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
    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 addressbulletN/A
    14
    The books are in care ofbulletDAVID P NANNEY JR Telephone no.bullet (919) 848-0420

    Located atbulletP O BOX 19763RALEIGHNC ZIP+4bullet27619
    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
    CHARLES D GRAY III TRUSTEE
    2.00     		1,500 0 0
    P O BOX 19763
    RALEIGH,NC27619
    MARY ELLEN JENNINGS TRUSTEE
    2.00     		1,500 0 0
    P O BOX 19763
    RALEIGH,NC27619
    DAVID P NANNEY JR TRUSTEE
    2.00     		1,500 0 0
    P O BOX 19763
    RALEIGH,NC27619
    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
    3,211,334
    b
    Average of monthly cash balances.......................
    1b
    78,492
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,289,826
    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
    3,289,826
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    49,347
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,240,479
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    162,024
    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
    162,024
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,043
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,043
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    160,981
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    160,981
    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
    160,981
    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
    151,738
    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
    151,738
    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
    151,738
    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 7 160,981
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 129,557
    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$ 151,738
    a Applied to 2019, but not more than line 2a 129,557
    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..... 22,181
    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 ..........     		138,800
    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
    CAMPBELL UNIVERSITY LAW SCHOOL
    PO BOX 127
    BUIES CREEK,NC27506     		N/A PC EDUCATION 15,000
    CANCER SERVICES OF GASTON COUNTY
    306 SOUTH COLUMBIA STREET
    GASTONIA,NC28054     		N/A PC MEDICAL 2,500
    CRISIS ASSISTANCE MINISTRY
    805 WEST AIRLINE AVENUE
    GASTONIA,NC28053     		N/A PC CHARITABLE 15,000
    DANIEL STOWE BOTANICAL GARDEN
    6500 S NEW HOPE RD
    BELMONT,NC28012     		N/A PC EDUCATION 7,500
    FIRST BAPTIST CHURCH
    2650 UNION ROAD
    GASTONIA,NC28054     		N/A PC RELIGIOUS 500
    FOOD BANK OF CENTRAL & EASTERN NORTH CAROLINA INC
    1924 CAPITAL BLVD
    RALEIGH,NC27604     		N/A PC CHARITABLE 1,000
    GARDNER-WEBB UNIVERSITY
    PO BOX 997
    BOILING SPRINGS,NC28017     		N/A PC EDUCATION 15,000
    GASTON ARTS COUNCIL
    PO BOX 242
    GASTONIA,NC28053     		N/A PC EDUCATION 250
    GASTON LITERACY COUNCIL INC
    116 SOUTH MARIETTA STREET
    GASTONIA,NC28052     		N/A PC EDUCATION 2,500
    GASTON SYMPHONIC BAND
    PO BOX 3535
    GASTONIA,NC28053     		N/A PC CHARITABLE 3,000
    GASTON TOGETHER
    PO BOX 817
    GASTONIA,NC28053     		N/A PC CIVIC 7,500
    HOLY ANGELS INC
    6600 WILKINSON BLVD
    BELMONT,NC28012     		N/A PC CIVIC 5,250
    HOUSE OF MERCY
    701 MERCY DRIVE
    BELMONT,NC28012     		N/A PC CIVIC 2,000
    MARS HILL UNIVERSITY
    PO BOX 370
    MARS HILL,NC28754     		N/A PC EDUCATION 15,000
    SECOND HARVEST FOOD BANK OF METROLINA INC
    500 SPRATT ST STE B
    CHARLOTTE,NC28206     		N/A PC CHARITABLE 1,000
    SECOND HARVEST FOOD BANK OF NORTHWEST NORTH CAROLINA INC
    3655 REED ST
    WINSTON SALME,NC27107     		N/A PC CHARITABLE 1,000
    THE GASTON COLLEGE FOUNDATION
    201 HWY 321 SOUTH
    DALLAS,NC28034     		N/A PC EDUCATION 250
    THE GAZETTE EMPTY STOCKING FUND
    107 S BROAD ST
    GASTONIA,NC28053     		N/A PC CIVIC 15,000
    UNITED WAY OF GASTON COUNTY
    PO BOX 242
    GASTONIA,NC28053     		N/A PC CHARITABLE 16,150
    WAKE FOREST UNIVERSITY
    PO BOX 7719
    WINSTON SALEM,NC27109     		N/A PC EDUCATION 15,000
    WITH FRIENDS INC
    PO BOX 2182
    GASTONIA,NC28053     		N/A PC CIVIC 2,500
    Total .................................bullet 3a 142,900
    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 ...........     		         
    4 Dividends and interest from securities....     14 103,355  
    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 -48,154  
    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 55,201 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    55,201
    (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:
    CHARLES & IRENE NANNEY FOUNDATION
     
    C/O DAVID POWELL NANNEY JR
    EIN:
    56-6046763
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RETURN PREPARATION & CONSULTING 4,050 0   4,050

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    CHARLES & IRENE NANNEY FOUNDATION
     
    C/O DAVID POWELL NANNEY JR
    EIN:
    56-6046763
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AIR LEASE CORP 11,536 12,848
    AMERICAN HONDA FINANCE CORP 8,974 9,022
    ANTHEM INC 7,802 8,815
    AON PLC 11,087 12,541
    AT&T INC 9,396 9,599
    BANK OF AMERICA CORP 8,095 8,956
    BECTON DICKINSON AND CO 7,929 9,181
    BOSTON PROPERTIES LP 11,049 13,083
    CHARLES SCHWAB CORP/THE 10,934 12,311
    CHEVRON USA INC 9,985 10,049
    CITIGROUP INC 12,609 12,866
    COMCAST CORP 12,889 12,677
    CSX CORP 7,305 8,747
    CVS HEALTH CORP 5,862 5,950
    DIAGEO CAPITAL PLC 8,737 9,425
    DUKE ENERGY CORP 8,049 8,808
    DUPONT DE NEMOURS INC 10,211 11,032
    EATON CORP 10,802 11,478
    ECOLAB INC 7,495 8,879
    FEDEX CORP 10,718 12,289
    GENERAL MOTORS FINANCIAL CO INC 11,087 11,855
    GOLDMAN SACHS GROUP INC/THE 13,727 13,741
    INTEL CORP 8,110 9,052
    KINDER MORGAN ENERGY PARTNERS LP 10,818 11,783
    LOCKHEED MARTIN CORP 7,616 8,726
    MASTERCARD INC 9,384 9,223
    MCDONALD'S CORP 8,004 9,113
    MONDELEZ INTERNATIONAL INC 10,041 10,043
    NEXTERA ENERGY CAPITAL HOLDINGS 13,017 12,982
    NORTHROP GRUMMAN CORP 10,657 11,417
    NUCOR CORP 10,839 11,764
    ORACLE CORP 7,782 8,704
    RIO TINTO FINANCE USA LTD 8,086 9,030
    ROGERS COMMUNICATIONS INC 8,005 9,057
    SIMON PROPERTY GROUP LP 10,729 11,562
    SOUTHERN CO/THE 7,541 8,974
    STARBUCKS CORP 12,963 13,063
    SUNTRUST BANKS INC 6,950 7,014
    SYSCO CORP 10,591 12,242
    TARGET CORP 8,079 8,856
    TOYOTA MOTOR CREDIT CORP 7,838 8,377
    TRANE TECHNOLOGIES GLOBAL HOLDING CO LTD 8,976 9,028
    TWDC ENTERPRISES 10,669 11,423
    UNITED PARCEL SERVICE INC 7,720 8,646
    VALERO ENERGY CORP 10,556 12,061
    VERIZON COMMUNICATIONS INC 10,250 11,787
    WASTE MANAGEMENT INC 10,798 11,399

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    CHARLES & IRENE NANNEY FOUNDATION
     
    C/O DAVID POWELL NANNEY JR
    EIN:
    56-6046763
    Name of Stock End of Year Book Value End of Year Fair Market Value
    21 VIANET GROUP INC 2,677 3,851
    3M COMPANY 3,871 4,545
    AAC TECHNOLOGIES HLDG INC 3,271 2,932
    ABB LTD 6,583 9,367
    ABBVIE INC COM 16,349 23,037
    ACTIVISION BLIZZARD INC 5,707 10,771
    ADIDAS AG 6,256 10,064
    ADOBE INC 3,768 8,502
    ADVANCE AUTO PARTS 3,251 3,308
    ADYEN B.V. 5,103 16,316
    AGILENT TECHNOLOGIES 228 237
    AIR LIQUIDE ADR 2,575 2,730
    AIR PROD & CHEM INC 493 820
    AKAMAI TECHNOLOGIES INC 2,802 4,305
    ALCON INC 1,186 1,452
    ALERIAN MLP ETF 110,541 133,663
    ALEXION PHARM INC 3,598 4,843
    ALIBABA GROUP HLDG LTD 12,791 17,920
    ALLIANZ SE ADS 7,593 9,342
    AMADEUS IT GROUP S.A ADR 1,879 3,006
    AMAZON COM INC 9,311 19,542
    AMC NETWORKS INC CL A 1,682 1,395
    AMERICA MOVIL SA DE CV ADR 9,256 9,204
    AMERICAN ELEC PWR CO INC 9,122 9,076
    AMGEN INC 7,111 8,047
    ANGLO AMERN PLC SPONSORED ADR 2,636 4,738
    ANHEUSER-BUSCH INBEV SA SPON 3,623 3,775
    ANHUI CONCH CEMENT ADR 4,664 5,391
    ANSYS INC 1,016 2,183
    AON PLC SHS CL-A 713 1,056
    APPLE INC 3,205 7,563
    APTIV PLC 1,635 2,866
    ARCH CAPITAL GROUP 1,438 1,840
    ASE TECHNOLOGY HLDG CO LTD ADR 4,824 7,096
    ASM PACIFIC 4,942 6,233
    ASML HOLDING NV NY REG NEW 5,784 9,267
    ASTRAZENECA PLC ADS 7,186 10,348
    AT&T INC 19,707 18,464
    ATLASSIAN CORP PLC CL A 2,808 5,145
    AUTODESK INC DELAWARE 4,564 10,687
    B&M EUROPEAN VALUE RET SA ADR 4,000 7,040
    BAE SYS PLC SPON ADR 7,486 7,846
    BAIDU INC ADS 4,088 7,568
    BANCO DO BRASIL SA SPON ADR 7,973 5,862
    BB SEGURIDADE PARTICIPACOES 4,654 3,989
    BCE INC 22,857 22,770
    BIDVEST GROUP LTD SPONS ADR 4,097 3,644
    BIOGEN INC COM 5,425 5,632
    BIOMARIN PHARMAC SE 2,787 2,894
    BLACK KNIGHT INC 1,548 2,827
    BLACKROCK LOW DUR BD INV INST 163,772 165,628
    BLACKROCK STRATEGIC INC OPP I 235,989 244,666
    BLUE PRISM GROUP PLC 1,535 2,187
    BNP PARIBAS SP ADR REPSTG 8,467 10,112
    BOOZT AB-UNSPONSORED ADR 1,006 4,571
    BRIGHT HORIZONS FAMILY SOLUT 417 519
    BRISTOL MYERS SQUIBB 6,527 7,009
    BRITISH AMER TOB SPON ADR 23,657 25,306
    BRITVIC PLC SPONSORED ADR 3,255 4,567
    BROADCOM INC 6,021 10,946
    BROOKFIELD ASSET MGNT CL A LTD 3,013 4,581
    BROOKFIELD INFRASTURE SB VTG 867 1,591
    BROOKFIELD PRPTY REIT INC CL A 376 374
    BROOKFIELD RENEWABLE CORP CL A 236 408
    BROWN & BROWN INC 913 1,612
    BROWN FORMAN CORP CL B 453 715
    CANNAE HLDGS INC 289 354
    CAPGEMINI S E UNSPONSORED ADR 2,266 3,021
    CARMAX INC 2,039 3,023
    CARSALES COM LTD ADR 3,681 6,842
    CBRE GROUP INC CL A 1,508 2,070
    CDN IMPL BK COMMERCE 17,790 18,974
    CELLNEX TELECOM S UNS ADR 4,595 4,428
    CERENCE INC 558 3,919
    CHEVRON CORP 16,375 15,792
    CHINA CONSTRUCTION BANK CORP 7,341 6,729
    CHINA MERCHANTS BK CO LTD UNSP 5,629 7,600
    CHINA MOBILE LTD 3,102 2,169
    CHINA SHENHUA ENERGY 5,664 4,848
    CISCO SYSTEMS INC 13,071 14,365
    CITRIX SYSTEMS INC 3,852 5,334
    CNOOC LTD ADS 3,746 2,200
    COCA COLA CO 3,815 4,881
    COGNEX CORP 257 401
    COLFAX CORP 242 421
    COMCAST CORP (NEW) CLASS A 9,328 14,253
    COMMERCIAL INTL BNK LTD SP ADR 2,939 2,994
    COMPAGNIE DE ST GOBAIN UNSP 5,886 5,603
    COPART INC 1,385 3,436
    COSTAR GROUP INC 1,322 1,849
    COSTCO WHOLESALE CORP NEW 2,188 4,145
    CREDIT ACCEPTANCE CORP 1,416 1,385
    CREE RESEARCH INC 2,628 5,930
    CROWN CASTLE INTL CORP 6,142 6,049
    CSL LTD 5,181 7,160
    DEUTSCHE POST AG SPONSORED ADR 1,685 1,844
    DEUTSCHE TELEKOM AG 1 ORD 1ADS 7,642 8,441
    DIAGEO PLC SPON ADR NEW 2,327 2,700
    DISCOVERY INC SER A 2,445 3,220
    DOLBY CLA A COM STK 2,462 3,788
    DOLLAR GEN CORP NEW COM 288 631
    DOMINION ENERGY INC 8,194 9,099
    DOMINOS PIZZA INC 1,021 1,534
    DUKE ENERGY CORPORATION 11,888 13,917
    EATON CORP PLC SHS 4,510 5,286
    ECOLAB INC 2,107 3,462
    EDENRED S A ADR 4,211 6,061
    ENBRIDGE INC 12,421 10,717
    ENEL SOCIETA PER AZIONI ADR 7,499 10,881
    ENGIE SPONS ADR 2,907 2,852
    ENN ENERGY HOLDINGS LTD UNSPON 1,798 3,415
    EQUINIX INC COM 2,791 4,999
    EVOLUTION GAMING GROUP AB ADR 545 4,243
    EXXON MOBIL CORP 18,879 12,943
    FACEBOOK INC CL-A 6,986 12,292
    FASTENAL CO 855 1,465
    FEDERATED HERMES GOVT OBL AVR 30,426 30,426
    FERRARI N V 4,439 5,508
    FIDELITY NATIONAL FINANCIAL IN 1,324 1,525
    FIDELITY NATL INFORMATION SE 1,846 2,971
    FIREEYE INC 1,982 3,413
    FIRST REPUBLIC BANK 645 1,029
    FREEPORT-MCMORAN CL-B 3,413 8,899
    FRESENIUS MEDICAL CARE AG&CO 5,921 7,107
    FT NORTH AMERICAN ENERGY INFRA 148,388 129,574
    GALP ENERGIA SA LISBOA ADR 4,461 3,323
    GARTNER INC 1,425 1,922
    GENERAL MILLS INC 8,825 8,350
    GILEAD SCIENCE 18,191 16,313
    GLAXOSMITHKLINE PLC ADR 8,343 8,317
    GRUPO FINANCIERO BANORTE SAB 3,756 3,889
    GUARDANT HEALTH INC 2,762 4,769
    GUIDEWIRE SOFTWARE INC 1,428 1,802
    HEICO CORP CLASS A 795 1,288
    HENGAN INTL GROUP CO LTD ADR 6,737 6,656
    HILTON WORLDWIDE HLDGS INC 2,106 2,893
    HOME DEPOT INC 2,635 3,719
    HOWARD HUGHES CORP 1,412 1,026
    HUNTINGTON BANCSHARES 10,599 10,079
    HUYA INC ADS REP SHS A 1,578 1,375
    HYATT HOTELS CORP COM CL A 816 817
    IBERDROLA SA SPON ADR 6,537 11,385
    IDEXX LABS 825 1,999
    IHS MARKIT LTD 2,918 5,300
    IMMUNOGEN INC 293 645
    IMPERIAL BRANDS PLC SPD ADR 4,331 4,267
    INFOSYS LIMITED ADR 8,128 15,035
    INTL BUSINESS MACHINES CORP 7,986 8,182
    IONIS PHARMACEUTICALS INC 3,244 3,732
    ISHARES EDGE MSCI US QLTY FAC 120,863 179,312
    ISHARES SP SMALLCAP 600 INDEX 85,057 107,339
    JAPAN EXCHANGE GROUP INC 5,319 7,873
    JOHNSON CTLS INTL PLC 3,971 5,684
    JPMORGAN CHASE & CO 4,484 5,972
    JUST EAT TAKEAWAY COM N V ADR 4,509 4,438
    KASIKORNBANK PUB CO LTD UNSPON 4,123 3,244
    KB FINANCIAL GRP INC SONS ADR 6,081 6,653
    KENNEDY-WILSON HLDGS INC COM 704 680
    KERRY GRP PLC SPONS ADR 5,634 7,933
    KIMBERLY CLARK CORP 4,458 4,180
    KIMBERLY CLARK SPON ADR 2,432 2,567
    KKR & CO INC CL A 2,241 3,361
    L3HARRIS TECHNOLOGIES INC 3,772 5,104
    LAS VEGAS SANDS CORPORATION 2,731 3,457
    LENNAR CORPORATION 1,315 1,906
    LIBERTY BROADBAND CORP S-A 1,021 1,891
    LIBERTY BROADBAND CORP S-C 1,934 3,643
    LIBERTY MEDIA C SER A SIRIUSXM 874 907
    LIBERTY MEDIA C SER C SIRIUSXM 2,006 2,219
    LIBERTY MEDIA CORP SER A 563 760
    LIBERTY MEDIA CORP SER C 1,024 1,363
    LIFE HEALTHCARE GRP HLDGS LTD 4,106 3,292
    LINDE PLC 1,257 955
    LIVE NATION ENTERTAINMENT INC 1,038 1,617
    LONZA GROUP AG ZUERICH ADR 5,005 11,598
    LVMH MOET HENNESSY LOUIS VUITT 6,097 8,981
    M&T BANK CORP 584 382
    MANULIFE FINANCIAL CORP 7,784 9,552
    MARKEL CORP (HOLDING CO) 3,390 3,100
    MARTIN MARIETTA MATERIALS 1,075 1,704
    MASTERCARD INC CL A 3,951 7,139
    MEDTRONIC PLC SHS 1,559 2,226
    MERCADOLIBRE INC 3,370 11,727
    MERCK & CO INC NEW COM 14,229 14,806
    METTLER TOLEDO INTL 1,191 2,279
    MICHELIN COMPAGNIE GENERALE DE 6,853 8,590
    MICROCHIP TECHNOLOGY INC 1,234 2,072
    MICRON TECH INC 3,062 6,315
    MICROSOFT CORP 4,112 9,342
    MMC NORILSK NICKL PJSC SPS ADR 1,505 2,928
    MOBILE TELESYSTEMS PJSC 3,287 3,562
    MONDI PLC ADR 3,014 3,306
    MONOTARO CO LTD ADR 1,961 4,090
    MONSTER BEVERAGE CORP NEW COM 2,407 3,977
    MOODYS CORP 677 1,161
    MOTOROLA SOLUTIONS INC 901 1,190
    MSCI INC COM 466 1,340
    MUENCHENER RUECK-UNSPONS ADR 6,971 9,656
    NATIONAL GRID PLC SPON ADR 10,352 11,570
    NATIONAL OILWELL VARCO INC 2,367 1,689
    NEDBANK GRP LTD SPON ADR 3,816 3,179
    NESTLE SPON ADR REP REG SHR 15,604 18,259
    NIHON M&A CENTER INC 2,726 7,803
    NIPPON TELEGRAPH&TELEPHONE ADS 6,427 7,170
    NN GROUP NV ADR 6,858 7,589
    NOVARTIS AG ADR 7,789 9,915
    NOW INC 1,803 1,587
    NUANCE COMMUNICATIONS INC 1,188 4,100
    NUCOR CORPORATION 2,289 3,032
    NUTANIX INC CL A 2,502 3,474
    NVIDIA CORPORATION 1,703 5,744
    NXP SEMICONDUCTORS NV 2,302 3,021
    O'REILLY AUTOMOTIVE INC NEW 1,525 2,715
    PALO ALTO NETWORKS INC 1,920 3,909
    PENTAIR PLC 1,524 2,017
    PEPSICO INC NC 9,709 12,012
    PERSIMMON PLC UNSPONS ADR 6,114 6,808
    PFIZER INC 17,458 17,117
    PHILIP MORRIS INTL INC 18,003 20,035
    PIMCO INCOME I2 159,752 158,949
    PIMCO LOW DURATION I2 108,315 109,818
    PING AN INSURANCE ADR 5,158 6,003
    PJSC GAZPROM SPON ADR 6,682 6,973
    PNC FINL SVCS GP 7,010 9,536
    PPL CORPORATION 7,596 7,417
    PROGRESSIVE CORP OHIO 525 890
    PROSUS N V SPONSORED ADR 2,043 3,037
    PT ASTRA INTERNATIONAL TBK ADR 4,741 4,220
    PT BK MANDIRI PERSERO TBK UNSP 6,854 6,043
    PT TELEKOMUNIKASI INDONESIA 5,478 5,080
    PUBLIC SERVICE ENTERPRISE GP 3,979 4,664
    QUALCOMM INC 2,759 6,551
    QURATE RETAIL INC SER A 3,466 4,487
    RAYTHEON TECHNOLOGIES CORP 2,213 2,288
    REALPAGE INC 1,111 1,658
    REGIONS FINANCIAL CORP NEW 7,101 8,866
    RESTAURANT BRANDS INTL INC COM 1,770 1,833
    ROCHE HOLDINGS ADR 6,158 8,987
    ROPER TECHNOLOGIES INC 1,420 2,155
    ROSS STORES INC 484 737
    S&P GLOBAL INC COM 385 657
    SALESFORCE.COM,INC. 4,276 5,563
    SANLAM LTD ADR 3,277 2,460
    SANOFI ADR 7,285 8,260
    SBA COMMUNICATIONS CORP NEW CL A 2,001 3,386
    SBERBANK RUSSIA SPONSORED ADR 6,328 7,642
    SEAGATE TECHNOLOGY PLC 4,542 6,900
    SHINHAN FINANCIAL GROUP CO LTD 4,803 4,256
    SHOPIFY INC 4,935 5,660
    SHOPRITE HLDGS LTD SPONSORED A 2,265 1,844
    SIEMENS AKTIENGESELLSCHAFT 8,102 10,625
    SIEMENS HEALTHINEERS AG ADR 3,599 4,659
    SIG COMBIBLOC GROUP AG NAMEN A 2,114 2,231
    SIKA AG ADR 2,581 2,750
    SINGAPORE TELECOM LTD ADR NEW 6,639 5,899
    SINOPHARM GROUP CO LTD ADR 5,015 4,306
    SLACK TECHNOLOGIES INC CL A 660 887
    SMURFIT KAPPA GROUP PLC ADR 6,116 10,174
    SOFTBANK CORP UNSPONSRED ADR 6,398 6,272
    SONIC HEALTHCARE LTD 6,764 10,537
    SOUTHERN CO 13,634 16,402
    SPLUNK INC 3,358 4,587
    SQUARE INC CLASS A 188 653
    ST JAMES PLACE PLC 2,935 3,579
    STANDARD BANK GROUP LTD SPON 3,275 2,618
    SUMMIT MATLS INC CL A 483 582
    SVENSKA HANDELSBANKEN AB ADR 5,692 5,761
    TAIWAN SMCNDCTR MFG CO LTD ADR 8,842 23,444
    TAL EDUC GROUP ADS REP COM SHS 2,205 5,220
    TC ENERGY CORP 9,263 7,940
    TE CONNECTIVITY LTD NEW 4,370 6,780
    TENCENT HLDGS LTD UNSPON ADR 8,222 13,803
    TERNIUM S.A. ADR 2,563 2,937
    TEXAS INSTRUMENTS 1,956 3,283
    THERMO FISHER SCIENTIFIC 3,155 6,987
    TOTAL S A SPON ADR 10,829 9,681
    TOYOTA MOTOR CP ADR NEW 8,576 10,047
    TRANSDIGM GROUP INC 2,401 4,951
    TRANSUNION 1,013 1,687
    TWITTER INC 5,876 10,559
    TYLER TECHNOLOGIES INC 700 873
    UBER TECHNOLOGIES INC 3,990 5,967
    UBISOFT ENTMT SA UNSPON ADR 5,643 8,181
    UBS GROUP AG SHS 7,293 8,732
    ULTA BEAUTY INC 2,054 2,584
    UNILEVER NV NY SH NEW 25,647 27,826
    UNITED PARCEL SER INC CL-B 2,195 3,705
    UNITEDHEALTH GP INC 10,705 16,131
    UPM KYMMENE CORP ADR 5,657 8,267
    UTD OVERSEAS BK LTD SPON ADR 8,083 7,757
    VAIL RESORTS 1,895 2,232
    VALE S.A 6,680 9,805
    VERISIGN INC 1,056 1,947
    VERISK ANALYTICS INC COM 828 1,661
    VERIZON COMMUNICATIONS 15,807 18,683
    VERTEX PHARMACEUTICALS 7,717 8,981
    VISA INC CL A 9,929 15,967
    VMWARE INC CLASS A 3,200 3,366
    VODACOM GROUP LIMITED 2,416 2,212
    VODAFONE GROUP PLC 15,884 15,277
    VORNADO REALTY TRUST 335 224
    VULCAN MATERIALS CO 2,139 2,818
    W W GRAINGER INC 3,852 5,717
    WALT DISNEY CO HLDG CO 3,614 6,160
    WEICHAI PWR CO LTD SPONS ADR 3,830 6,518
    WESTERN DIGITAL CORPORATION 3,535 5,096
    WIX COM LTD 1,512 2,750
    WOLTERS KLUWER NV SPON ADR 2,563 2,434
    WORKDAY INC CL A 1,110 1,198
    YANDEX N.V. A 3,223 7,028
    ZOETIS INC CLASS-A 3,102 6,124
    ZURICH INSURANCE GRP LTD ADR 6,988 9,542

    TY 2020 OtherExpensesSchedule
    Name:
    CHARLES & IRENE NANNEY FOUNDATION
     
    C/O DAVID POWELL NANNEY JR
    EIN:
    56-6046763
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PO BOX RENTAL 288 0   288


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    CHARLES & IRENE NANNEY FOUNDATION
     
    C/O DAVID POWELL NANNEY JR
    EIN:
    56-6046763
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 24,399 24,399   0


    TY 2020 TaxesSchedule
    Name:
    CHARLES & IRENE NANNEY FOUNDATION
     
    C/O DAVID POWELL NANNEY JR
    EIN:
    56-6046763
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 1,030 0   0
    FOREIGN TAX 3,932 3,932   0