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
TOWNEBANK RICHMOND FOUNDATION
 
% T Patrick Collins
Number and street (or P.O. box number if mail is not delivered to street address)800 E CANAL ST SUITE 700
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RICHMOND, VA232193955
A Employer identification number

54-1996321
B Telephone number (see instructions)

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$15,475,550J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 19,756 19,756 0
4 Dividends and interest from securities... 332,605 332,605 0
5a Gross rents............ 0 0 0
b Net rental income or (loss) 0
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 175,325
b Gross sales price for all assets on line 6a 2,501,906
7 Capital gain net income (from Part IV, line 2)... 175,325
8 Net short-term capital gain.........  
9 Income modifications........... 0
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0 0
11 Other income (attach schedule)....... 0 0 0
12 Total. Add lines 1 through 11........ 527,686 527,686 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 0 0 0 0
15 Pension plans, employee benefits....... 0 0 0 0
16a Legal fees (attach schedule)......... 0 0 0 0
b Accounting fees (attach schedule)....... 0 0 0 0
c Other professional fees (attach schedule).... 0 0 0 0
17 Interest............... 0 0 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,745 0 0 0
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy.............. 0 0 0 0
21 Travel, conferences, and meetings....... 0 0 0 0
22 Printing and publications.......... 0 0 0 0
23 Other expenses (attach schedule)....... Click to see list of attachments 68,397 68,397 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 77,142 68,397 0 0
25 Contributions, gifts, grants paid....... 716,826 716,558
26 Total expenses and disbursements. Add lines 24 and 25 793,968 68,397 0 716,558
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -266,282
b Net investment income (if negative, enter -0-) 459,289
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............. 104,907 80,959 80,959
2 Savings and temporary cash investments......... 857,459 834,135 834,135
3 Accounts receivable bullet0
Less: allowance for doubtful accounts bullet0 0 0 0
4 Pledges receivable bullet0
Less: allowance for doubtful accounts bullet0 0 0 0
5 Grants receivable................. 0 0 0
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0  
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet   0 0  
8 Inventories for sale or use.............. 0 0 0
9 Prepaid expenses and deferred charges.......... 0 0 0
10a Investments—U.S. and state government obligations (attach schedule) 10,203 Click to see attachment10,109 10,109
b Investments—corporate stock (attach schedule)....... 14,937,522 Click to see attachment13,903,312 13,903,312
c Investments—corporate bonds (attach schedule)....... 599,108 Click to see attachment600,775 600,775
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
12 Investments—mortgage loans............. 0 0 0
13 Investments—other (attach schedule)..........   0  
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
15 Other assets (describe bullet) Click to see attachment50,400 Click to see attachment46,260 Click to see attachment46,260
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,559,599 15,475,550 15,475,550
Liabilities 17 Accounts payable and accrued expenses.......... 0 0
18 Grants payable................. 0 0
19 Deferred revenue................. 0 0
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment0
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........... 16,559,599 15,475,550
25 Net assets with donor restrictions............ 0 0
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)..... 16,559,599 15,475,550
30 Total liabilities and net assets/fund balances (see instructions). 16,559,599 15,475,550
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
16,559,599
2
Enter amount from Part I, line 27a .....................
2
-266,282
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
16,293,317
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
817,767
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
15,475,550
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 Public Traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,501,906   2,326,581 175,325
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       175,325
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 175,325
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 -93,780
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 6,384
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 6,384
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 6,384
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 9,111
b Exempt foreign organizations—tax withheld at source...... 6b  
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.............. Part VI Line 7 - Tax Paid with the Original Return: 0 7 9,111
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,727
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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)
    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
    Yes
     
    Website addressbulletNONE
    14
    The books are in care ofbulletPam Carnahan Telephone no.bullet (804) 377-4267

    Located atbullet800 E CANAL STREETRICHMONDVA ZIP+4bullet232193955
    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
    0
    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
    ELIZABETH W ROBERTSONClick to see attachment CHAIRMAN
    1.00     		0 0 0
    800 E CANAL STREET
    SUITE 700
    RICHMOND,VA23219
    T PATRICK COLLINSClick to see attachment PRESIDENT
    2.00     		0 0 0
    800 E CANAL STREET
    SUITE 700
    RICHMOND,VA23219
    BRAD H BOOKERClick to see attachment VICE PRESIDENT
    2.00     		0 0 0
    800 E CANAL STREET
    SUITE 700
    RICHMOND,VA23219
    RICHARD D DICKINSONClick to see attachment DIRECTOR
    1.00     		0 0 0
    800 E CANAL STREET
    SUITE 700
    RICHMOND,VA23219
    J MORGAN DAVISClick to see attachment DIRECTOR
    1.00     		0 0 0
    800 E CANAL STREET
    SUITE 700
    RICHMOND,VA23219
    KEVIN R LAINGClick to see attachment DIRECTOR
    1.00     		0 0 0
    800 E CANAL STREET
    SUITE 700
    RICHMOND,VA23219
    DUNCAN S OWENClick to see attachment DIRECTOR
    1.00     		0 0 0
    800 E CANAL STREET
    SUITE 700
    RICHMOND,VA23219
    ERIN S JEWETTClick to see attachment DIRECTOR
    1.00     		0 0 0
    800 E CANAL STREET
    SUITE 700
    RICHMOND,VA23219
    HUGH T HARRISON IIClick to see attachment DIRECTOR
    1.00     		0 0 0
    800 E CANAL STREET
    SUITE 800
    RICHMOND,VA23219
    GEORGE C FREEMAN IIIClick to see attachment DIRECTOR
    1.00     		0 0 0
    800 E CANAL STREET
    SUITE 700
    RICHMOND,VA23219
    PAMELA F CARNAHANClick to see attachment SECRETARY/TREAS
    3.00     		0 0 0
    800 E CANAL STREET
    SUITE 700
    RICHMOND,VA23219
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NONE  
    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
    12,920,132
    b
    Average of monthly cash balances.......................
    1b
    673,688
    c
    Fair market value of all other assets (see instructions)................
    1c
    46,260
    d
    Total (add lines 1a, b, and c).........................
    1d
    13,640,080
    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
    13,640,080
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    204,601
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    13,435,479
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    671,774
    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
    671,774
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    6,384
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    0
    c
    Add lines 2a and 2b............................
    2c
    6,384
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    665,390
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    665,390
    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
    665,390
    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
    716,558
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    716,558
    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
    716,558
    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 7 665,390
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 12,230
    c From 2017...... 32,868
    d From 2018...... 86,809
    e From 2019...... 93,444
    fTotal of lines 3a through e........ 225,351
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 716,558
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 665,390
    e Remaining amount distributed out of corpus 51,168
    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 5 276,519
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		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 ......     		276,519
    10 Analysis of line 9:
    a Excess from 2016.... 12,230
    b Excess from 2017.... 32,868
    c Excess from 2018.... 86,809
    d Excess from 2019.... 93,444
    e Excess from 2020.... 51,168
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    PAM CARNAHAN
    800 E CANAL STREET
    SUITE 700
    RICHMOND,VA23219
    (804) 377-4267
    pam.carnahan@townebank.net
    bThe form in which applications should be submitted and information and materials they should include:
    THE REQUEST MUST BE IN WRITING AND MUST PROVIDE THE ORGANIZATION'S NAME, MISSION DESCRIPTION, AMOUNT REQUESTED, AND THE PURPOSE FOR WHICH FUNDS WILL BE USED.
    cAny submission deadlines:
    OCTOBER 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CONTRIBUTIONS ARE GRANTED PRIMARILY TO NON-PROFIT 501C3 ORGANIZATIONS SERVING MARKETS IN WHICH TOWNEBANK RICHMOND SERVES.
    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 WWII ORPHANS NETWORK
    94 HILLCREST RD
    WINDSOR,CT06095     		No Relationship PC MATCHING CONTRIBUTION 280
    ANNA JULIA COOPER EPISCOPAL SCHOOL
    2124 N 29TH STREET
    RICHMOND,VA23233     		No Relationship PC CONTRIBUTION 20,000
    BEACON TREE
    9011 ARBORETUM PKSY
    SUITE 240
    N CHESTERFIELD,VA23236     		No Relationship PC CONTRIBUTION 2,000
    BETH SHOLOM OF VA
    1600 JOHN ROLFE PARKWAY
    RICHMOND,VA23238     		No Relationship PC CONTRIBUTION 15,000
    BETH SHOLOM VILLAGE
    6401 AUBURN DRIVE
    VIRGINIA BEACH,VA23464     		No Relationship PC MATCHING CONTRIBUTION 36
    BETTERTWOGETHER
    12120 ORMOND DRIVE
    RICHMOND,VA23233     		No Relationship PC CONTRIBUTION 1,000
    BETTER HOUSING COALITION
    23 W BROAD ST
    SUITE 100
    RICHMOND,VA23220     		No Relationship PC CONTRIBUTION 20,000
    BON SECOURS NURSING SCHOOL
    5008 MONUMENT AVE
    SECOND FLOOR
    RICHMOND,VA23220     		No Relationship PC CONTRIBUTION 10,000
    BOY SCOUTS OF AMERICA
    PO BOX 6809
    RICHMOND,VA23230     		No Relationship PC MATCHING CONTRIBUTION 1,400
    BOYS GIRLS CLUB OF METRO RICHMOND
    5511 STAPLES MILL RD
    SUITE 301
    RICHMOND,VA23228     		No Relationship PC CONTRIBUTION 35,000
    CAMERON K GALLAGHER MEMORIAL FDN
    9700 GAYTON RD
    HENRICO,VA23238
    AF     		No Relationship PC CONTRIBUTION 10,000
    CANCER LINC
    PO BOX 73281
    RICHMOND,VA23235     		No Relationship PC CONTRIBUTION 3,000
    CAPITAL TREES
    200 S 3RD STREET
    SUITE 101
    RICHMOND,VA23219     		No Relationship PC CONTRIBUTION 2,000
    CAT ADOPTION RESCUE EFFORTS
    PO BOX 2394
    HENRICO,VA23228     		No Relationship PC MATCHING CONTRIBUTION 100
    CARITAS
    PO BOX 25790
    RICHMOND,VA23260     		No Relationship PC CONTRIBUTION 5,000
    CHESTERFIELD CASA
    9457 AMBERDALE DRIVE
    RICHMOND,VA23236     		No Relationship PC CONTRIBUTION 2,500
    HENRICO CASA
    3001 HUNGARY SPRINGS RD
    SUITE A
    RICHMOND,VA23228     		No Relationship PC CONTRIBUTION 1,000
    CELEBRATE RVA
    2920 WEST BROAD STREET
    RICHMOND,VA23220     		No Relationship PC CONTRIBUTION 500
    CHESTERFIELD CULTURAL ARTS CENTER
    PO BOX 3296
    CHESTER,VA23831     		No Relationship PC CONTRIBUTION 2,500
    CHESTERFIELD FIREFIGHTERS FDN
    PO BOX 812
    CHESTERFIELD,VA23832     		No Relationship PC CONTRIBUTION 2,500
    CHILD HEALTH INVESTMENT PARTNERSHIP
    1201 THIRD STREET SW
    ROANOKE,VA24016     		No Relationship PC MATCHING CONTRIBUTION 103
    CHILDRENS HOME SOCIETY
    4200 FITZHUGH AVENUE
    RICHMOND,VA23230     		No Relationship PC CONTRIBUTION 2,000
    CITY RICHMOND PUBLIC LIBRARY FDN
    101 E FRANKLIN STREET
    RICHMOND,VA23219     		No Relationship PC CONTRIBUTION 2,500
    COLLEGIATE SCHOOL
    104 MOORELAND RD
    RICHMOND,VA23229     		No Relationship PC MATCHING GIFT 2,500
    COMFORT ZONE CAMP
    7201 GLEN FOREST DRIVE
    SUITE 301
    RICHMOND,VA23226     		No Relationship PC CONTRIBUTION 6,500
    COMFORT ZONE CAMP
    7201 GLEN FOREST DRIVE
    SUITE 301
    RICHMOND,VA23226     		No Relationship PC MATCHING GIFT 1,859
    COMMERMORATIVE AIR FORCE
    PO BOX 764769
    DALLAS,TX75237     		No Relationship PC MATCHING GIFT 100
    COMMUNITIES IN SCHOOL CHESTERFIELD
    10107 KRAUSE RD
    CHESTERFIELD,VA23832     		No Relationship PC CONTRIBUTION 7,500
    COMMUNITIES IN SCHOOL RICHMOND
    2922 W MARSHALL STREET
    SUITE 2
    RICHMOND,VA23230     		No Relationship PC CONTRIBUTION 2,500
    CONEXUS
    11618 BUSY STREET
    RICHMOND,VA23236     		No Relationship PC CONTRIBUTION 2,500
    CROSS OVER HEALTHCARE MINISTRY
    8600 QUIOCCASIN RD
    RICHMOND,VA23229     		No Relationship PC CONTRIBUTION 10,000
    CULTURAL ARTS CENTER
    2880 MOUNTAIN ROAD
    GLEN ALLEN,VA23060     		No Relationship PC CONTRIBUTION 7,500
    CULTUREWORKS
    1906 N HAMILTON STREET
    SUITE A
    RICHMOND,VA23230     		No Relationship PC CONTRIBUTION 1,000
    CULTUREWORKS
    1906 N HAMILTON STREET
    SUITE A
    RICHMOND,VA23230     		No Relationship PC MATCHING CONTRIBUTION 50
    CYSTIC FIBROSIS FOUNDATION
    4550 MONTGOMERY AVENUE
    SUITE 1100N
    BETHESDA,MD20814     		No Relationship PC MATCHING CONTRIBUTION 300
    DAVIDSON COLLEGE
    PO BOX 7170
    DAVIDSON,NC28036     		No Relationship PC MATCHING CONTRIBUTION 3,500
    EAST HANOVER VOLUNTEER RESCUE SQUAD
    PO BOX 454
    MECHANICSVILLE,VA23111     		No Relationship PC MATCHING CONTRIBUTION 2,000
    ENTERTAINMENT INDUSTRY FOUNDATION
    10800 WILSHIRE BLVD
    SUITE 1400
    LOS ANGELES,CA90024     		No Relationship PC MATCHING CONTRIBUTION 100
    ESSEX COUNTY MUSEUM
    PO BOX 404
    TAPPAHANNOCK,VA22560     		No Relationship PC MATCHING GIFT 100
    FEEDMORE
    1415 RHOADMILLER STREET
    RICHMOND,VA23220     		No Relationship PC CONTRIBUTION 20,000
    FEEDMORE
    1415 RHOADMILLER STREET
    RICHMOND,VA23220     		No Relationship PC MATCHING CONTRIBUTION 104
    FUTURE RVA
    919 E MAIN STREET
    SUITE 1700
    RICHMOND,VA23219     		No Relationship PC CONTRIBUTION 5,000
    GATEWAY HOMES
    11901 REEDY BRANCH ROAD
    C/O HEATHER PARIS
    CHESTERFIELD,VA23838     		No Relationship PC CONTRIBUTION 5,000
    GOOD SAMARITAN MINISTRIES
    2307 HULL STREET
    RICHMOND,VA23224     		No Relationship PC CONTRIBUTION 10,000
    GREATER RICHMOND PARTNERSHIP
    901 E BYRD STREET
    SUITE 801
    RICHMOND,VA23219     		No Relationship PC CONTRIBUTION 5,000
    GREATER RICHMOND SCAN CASA
    103 E GRACE STREET
    RICHMOND,VA23219     		No Relationship PC CONTRIBUTION 8,500
    HIGHER ACHIEVEMENT
    4009 FITZHUGH AVE
    SUITE 200
    RICHMOND,VA23230     		No Relationship PC CONTRIBUTION 2,500
    JAMES RIVER GARDEN CLUB
    12 EAST FRANKLIN STREET
    RICHMOND,VA23219     		No Relationship PC CONTRIBUTION 1,000
    HOUSING FAMILIES FIRST
    3900 NINE MILE ROAD
    HENRICO,VA23223     		No Relationship PC CONTRIBUTION 2,500
    INNSBROOK FOUNDATION
    4600 COX ROAD
    SUITE 109
    GLEN ALLEN,VA23060     		No Relationship PC CONTRIBUTION 3,000
    JILLS BLANKETS
    11312 DEEPHAVEN CT
    RICHMOND,VA23233     		No Relationship PC CONTRIBUTION 1,000
    JUNIOR ACHIEVEMENT
    7217 WEST BROAD STREET
    RICHMOND,VA23294     		No Relationship PC CONTRIBUTION 10,000
    LYMPHOMA LEUKEMIA SOCIETY
    5540 FALMOUTH ST
    SUITE 101
    RICHMOND,VA23230     		No Relationship PC MATCHING CONTRIBUTION 500
    MEDARVA HEALTHCARE
    8700 STONY POINT PARKWAY
    SUITE 100
    RICHMOND,VA23235     		No Relationship PC CONTRIBUTION 20,000
    MEDICAL COLLEGE OF VA FOUNDATION
    PO BOX 980234
    RICHMOND,VA23298     		No Relationship PC MATCHING CONTRIBUTION 100
    NAMI VIRGINIA
    PO BOX 8260
    RICHMOND,VA23226     		No Relationship PC MATCHING CONTRIBUTION 95
    NEXT UP
    750 BOULDERS VIEW DRIVE
    SUITE 110
    RICHMOND,VA23225     		No Relationship PC CONTRIBUTION 7,500
    NOVA OF VA AQUATICS
    12207 GAYTON RD
    HENRICO,VA23238     		No Relationship PC CONTRIBUTION 5,000
    NOVA OF VA AQUATICS
    12207 GAYTON RD
    HENRICO,VA23238     		No Relationship PC MATCHING CONTRIBUTION 750
    PARALYZED VETERANS OF AMERICA
    11620 BUST STREET
    NORTH CHESTERFIELD,VA23236     		No Relationship PC CONTRIBUTION 2,000
    PEPPERDINE UNIVERSITY
    24255 PACIFIC COAST HWY
    MALIBU,CA90263     		No Relationship PC MATCHING CONTRIBUTION 1,355
    PETER PAUL DEVELOPMENT CENTER
    1708 N 22ND STREET
    RICHMOND,VA23223     		No Relationship PC CONTRIBUTION 20,000
    PETER PAUL DEVELOPMENT CENTER
    1708 N 22ND STREET
    RICHMOND,VA23223     		No Relationship PC MATCHING CONTRIBUTION 5,000
    PGA TOUR
    100 PGA TOUR BLVD
    PONTE VEDRA BEACH,FL32082     		No Relationship PC CONTRIBUTION 268
    PGA TOUR CHARITIES
    100 PGA TOUR BLVD
    PONTE VEDRA BEACH,FL32082     		No Relationship PC CONTRIBUTION 40,000
    PGA TOUR CHARITIES RICHMOND BALLET
    100 PGA TOUR BLVD
    PONTE VEDRA BEACH,FL32082     		No Relationship PC MATCHING CONTRIBUTION 8,000
    PGA TOUR CHARITIES RICHMOND BALLET
    100 PGA TOUR BLVD
    PONTE VEDRA BEACH,FL32082     		No Relationship PC CONTRIBUTION 20,000
    PGA TOUR CHARITIES FOR CARE
    100 PGA TOUR BLVD
    PONTE VEDRA BEACH,FL32082     		No Relationship PC MATCHING CONTRIBUTION 250
    PGA TOUR CHARITIES HEART OF VA BS
    100 PGA BLVD
    PONTE VEDRA BEACH,FL32082     		No Relationship PC CONTRIBUTION 12,500
    PGA TOUR CHARITIES ASK
    100 PGA TOUR BLVD
    PONTE VEDRA BEACH,FL32082     		No Relationship PC CONTRIBUTION 10,000
    PGA TOUR CHARITIES GOOCHLAND CARES
    100 PGA TOUR BLVD
    PONTE VEDRA BEACH,FL32082     		No Relationship PC CONTRIBUTION 5,000
    PGA TOUR CHARITIES HANOVER ED FDN
    100 PGA TOUR BLVD
    PONTE VEDRA BEACH,FL32082     		No Relationship PC CONTRIBUTION 3,500
    PGA TOUR CHARITIES FOR ACCESS NOW
    100 PGA TOUR BLVD
    PONTE VEDRA BEACH,FL32082     		No Relationship PC CONTRIBUTION 10,000
    POE FOUNDATION
    1914 EAST MAIN STREET
    RICHMOND,VA23223     		No Relationship PC CONTRIBUTION 2,500
    POSITIVE VIBES CAFE
    2825 HATHAWAY ROAD
    RICHMOND,VA23225     		No Relationship EOF CONTRIBUTION 2,500
    PROJECT HOMES
    88 CARNATION STREET
    RICHMOND,VA23225     		No Relationship PC CONTRIBUTION 5,000
    REWORK RICHMOND
    1719 N 22ND STREET
    RICHMOND,VA23223     		No Relationship PC CONTRIBUTION 3,000
    RICHMOND BALLET
    407 E CANAL STREET
    RICHMOND,VA23219     		No Relationship PC CONTRIBUTION 15,000
    RICHMOND BALLET
    407 E CANAL STREET
    RICHMOND,VA23219     		No Relationship PC MATCHING CONTRIBUTION 5,000
    RICHMOND PHILHARMONIC ORCHESTRA
    8100 THREE CHOPT RD
    SUITE 238
    RICHMOND,VA23229     		No Relationship PC CONTRIBUTION 1,500
    RICHMOND POLICE ATHLETIC LEAGUE
    2723 BYRON STREET
    RICHMOND,VA23223     		No Relationship PC CONTRIBUTION 2,500
    RICHMOND REGION TOURISM
    401 N 3RD STREET
    RICHMOND,VA23219     		No Relationship PC CONTRIBUTION 20,000
    RICHMOND POPS BAND
    3811 COTRELL ROAD
    RICHMOND,VA23234     		No Relationship PC CONTRIBUTION 500
    RICHMOND SPCA
    2519 HERMITAGE RD
    RICHMOND,VA23220     		No Relationship PC MATCHING CONTRIBUTION 100
    RICHMOND SYMPHONY
    612 E GRACE STREET
    SUITE 401
    RICHMOND,VA23219     		No Relationship PC CONBTRIBUTION 2,000
    RIVERSIDE SCHOOL
    2110 MCRAE ROAD
    N CHESTERFIELD,VA23235     		No Relationship PC CONTRIBUTION 5,000
    SALVATION ARMY BOYS AND GIRLS CLUB
    3701 R STREET
    RICHMOND,VA23223     		No Relationship PC CONTRIBUTION 7,500
    SCIENCE MUSEUM OF VA
    2500 WEST BROAD STREET
    RICHMOND,VA23220     		No Relationship PC CONTRIBUTION 6,500
    SHELTERING ARMS
    8254 ATLEE ROAD
    MECHANICSVILLE,VA23116     		No Relationship PC CONTRIBUTION 2,500
    SIMON WIESENTHAL CENTER
    1399 ROXBURY DRIVE
    FL 2
    LOS ANGELES,CA90035     		No Relationship PC MATCHING CONTRIBUTION 36
    SOAR
    3600 SAUNDERS AVENUE
    RICHMOND,VA23227
    AF     		No Relationship PC CONTRIBUTION 7,500
    SO RICHMOND ADULT DAY CARE CENTER
    1500 HULL STREET
    RICHMOND,VA23224     		No Relationship PC CONTRIBUTION 2,000
    SPARC
    2106A NORTH HAMILTON ST
    RICHMOND,VA23230     		No Relationship PC CONTRIBUTION 2,500
    SPARC
    2106 A NORTH HAMILTON ST
    RICHMOND,VA23230     		No Relationship PC MATCHING CONTRIBUTION 100
    SPORTABLE
    1365 OVERBROOK RD
    SUITE 2
    RICHMOND,VA23220     		No Relationship PC MATCHING CONTRIBUTION 2,500
    SPORTSCBACKERS
    100 AVENUE OF CHAMPIONS
    SUITE 300
    RICHMOND,VA23230     		No Relationship POF CONTRIBUTION 10,000
    ST ANDREWS SCHOOL
    227 SOUTH CHERRY STREET
    RICHMOND,VA23220     		No Relationship PC CONTRIBUTION 7,500
    ST JAMES CHILDREN CENTER
    1205 W FRANKLIN ST
    RICHMOND,VA23220     		No Relationship PC CONTRIBUTION 10,000
    ST JAMES CHILDREN CENTER
    1205 W FRANKLIN STREET
    RICHMOND,VA23220     		No Relationship PC MATCHING CONTRIBUTION 500
    ST MICHAELS EPISCOPAL SCHOOL FDN
    10510 HOBBY HILL ROAD
    RICHMOND,VA23235     		No Relationship PC MATCHING CONTRIBUTION 25
    START UP VIRGINIA
    1717 EAST CARY STREET
    RICHMOND,VA23223     		No Relationship PC CONTRIBUTION 3,000
    SWIFT CREEK MILL THEATRE
    17401 JEFF DAVIS HWY
    COLONIAL HEIGHTS,VA23834     		No Relationship PC CONTRIBUTION 2,500
    TARAS CHILDREN
    7006 BANDY ROAD
    RICHMOND,VA23229     		No Relationship PC CONTRIBUTION 500
    CULTURAL CENTER OF INDIA
    9930 MIDLOTHIAN TURNPIKE
    RICHMOND,VA23235     		No Relationship PC CONTRIBUTION 5,000
    TECH FOR TROOPS
    4840 WALLER ROAD
    RICHMOND,VA23230     		No Relationship PC CONTRIBUTION 1,500
    THE DOORWAYS
    612 E MARSHALL STREET
    RICHMOND,VA23219     		No Relationship PC CONTRIBUTION 12,500
    THE FIRST TEE OF GREATER RICHMOND
    9211 FOREST HILL AVENUE
    SUITE 104
    RICHMOND,VA23235     		No Relationship PC CONTRIBUTION 5,000
    THE HENRICUS FOUNDATION
    251 HENRICUS PARK RD
    CHESTER,VA23836     		No Relationship PC CONTRIBUTION 5,000
    THE NATIONAL WWII MUSEUM
    945 MAGAZINE ST
    NEW ORLEANS,LA70130     		No Relationship PC MATCHING CONTRIBUTION 250
    THE AMERICAN CIVIL WAR MUSEUM
    1201 E CLAY STREET
    RICHMOND,VA23219     		No Relationship PC MATCHING CONTRIBUTION 8,000
    UNITED WAY OF GREATER RICHMOND
    2001 MAYWILL STREET
    201
    RICHMOND,VA23230     		No Relationship PC MATCHING GIFT 100
    UVA MCINTIRE SCHOOL OF BUSINESS
    PO BOX 400331
    CHARLOTTESVILLE,VA22905     		No Relationship PC MATCHING CONTRIBUTION 6,000
    UP RVA
    4609 WYTHE AVENUE
    RICHMOND,VA23226     		No Relationship PC CONTRIBUTION 1,000
    UP RVA
    4609 WYTHE AVENUE
    RICHMOND,VA23226     		No Relationship PC MATCHING GIFT 3,500
    VA WAR MEMORIAL
    621 S BELVIDERE STREET
    RICHMOND,VA23220     		No Relationship PC CONTRIBUTION 2,500
    VADA EDUCATION
    1800 W GRACE ST
    RICHMOND,VA23220     		No Relationship PC CONTRIBUTION 5,000
    VCU BUSINESS SCHOOL
    301 W MAIN STREET
    SNEAL HALL
    RICHMOND,VA23284     		No Relationship PC CONTRIBUTION 5,000
    VCU MASSEY CANCER
    PO BOX 980037
    RICHMOND,VA23298     		No Relationship PC MATCHING CONTRIBUTION 1,084
    VETERANS NAVIGATOR
    7501 BOULDERS VIEW DRIVE
    SUITE 201
    NORTH CHESTERFIELD,VA23225     		No Relationship PC CONTRIBUTION 2,000
    VA CENTER FOR INCLUSIVE COMMUNITIES
    5511 STAPLES MILL RD
    SUITE 202
    RICHMOND,VA23228     		No Relationship PC CONTRIBUTION 1,500
    VA COUNCIL ON ECONOMIC EDUCATION
    PO BOX 844000
    RICHMOND,VA23284     		No Relationship PC CONTRIBUTION 2,000
    VA HOME FOR BOYS AND GIRLS
    8717 W BROAD STREET
    RICHMOND,VA23294     		No Relationship PC CONTRIBTUION 5,000
    VA MUSEUM OF FINE ARTS
    200 N ARTHUR ASHE BLVD
    RICHMOND,VA23220     		No Relationship PC CONTRIBUTION 5,000
    VA MUSEUM OF FINE ARTS
    200 N ARTHUR ASHE BLVD
    RICHMOND,VA23220     		No Relationship PC MATCHING CONTRIBUTION 25
    VIRGINIA REPERTORY THEATRE
    114 WEST BROAD STREET
    RICHMOND,VA23220     		No Relationship PC CONTRIBUTIONS 12,500
    VA SUPPORTIVE HOUSING
    5008 MONUMENT AVE
    RICHMOND,VA23220     		No Relationship PC CONTRIBUTION 7,500
    VA VOICE
    PO BOX 15546
    RICHMOND,VA23227     		No Relationship PC CONTRIBUTION 5,000
    VIRGINIAS GATEWAY REGION
    256 E ELLERSLIE AVE
    SUITE D
    COLONIAL HEIGHTS,VA23834     		No Relationship PC CONTRIBUTION 2,500
    VIRIDIANT
    1431 W MAIN STREET
    RICHMOND,VA23220     		No Relationship PC CONTRIBUTION 5,000
    WILLIAM AND MARY LAW SCHOOL FDN
    PO BOX 8795
    WILLIAMSBURG,VA23187     		No Relationship PC MATCHING CONTRIBUTION 3,000
    WORLD PEDIATRIC PROJECT
    7201 GLEN FOREST DRIVE
    SUITE 304
    RICHMOND,VA23226     		No Relationship PC CONTRIBUTION 7,500
    WVTF PUBLIC RADIO
    23 SESAME STREET
    RICHMOND,VA23235     		No Relationship PC MATCHING CONTRIBUTION 256
    YMCA
    6 N 5TH STREET
    RICHMOND,VA23235     		No Relationship PC CONTRIBUTION 20,000
    VALENTINE MUSEUM
    1015 CLAY STREET
    RICHMOND,VA23219     		No Relationship PC CONTRIBUTION 15,000
    Total .................................bullet 3a 716,826
    bApproved for future payment
    Total .................................bullet 3b 315,000
    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     0   0 0
    b     0   0 0
    c     0   0 0
    d     0   0 0
    e     0   0 0
    f     0   0 0
        0   0 0
    gFees and contracts from government agencies          
    2 Membership dues and assessments....   0   0 0
    3 Interest on savings and temporary cash
    investments ...........     		  0 14 19,756 0
    4 Dividends and interest from securities....   0 14 332,605 0
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......   0   0 0
    bNot debt-financed property.....   0   0 0
    6 Net rental income or (loss) from personal property   0   0 0
    7 Other investment income.....   0   0 0
    8 Gain or (loss) from sales of assets other than
    inventory ............     		  0 18 175,325 0
    9 Net income or (loss) from special events:   0   0 0
    10 Gross profit or (loss) from sales of inventory   0   0 0
    11 Other revenue:
    a       		  0   0 0
    b     0   0 0
    c     0   0 0
    d     0   0 0
    e     0   0 0
    12 Subtotal. Add columns (b), (d), and (e).. 0 527,686 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    527,686
    (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: 20012075
    Software Version: V1.0
    Part VI Line 7 - Tax Paid with the Original Return: 0


    Form 990PF - Special Condition Description:
    Special Condition Description

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

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    TOWNEBANK RICHMOND FOUNDATION
    EIN:
    54-1996321
    Software ID:
    20012075
    Software Version:
    V1.0
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Publicly traded securities 2014-04 Purchase 2020-04   2,501,906 2,326,581   0   0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    TOWNEBANK RICHMOND FOUNDATION
    EIN:
    54-1996321
    Software ID:
    20012075
    Software Version:
    V1.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBVIE 26,175 26,175
    ALTRIA GROUP 10,395 10,395
    AMERICAN EXPRESS 27,741 27,741
    AMGEN 10,675 10,675
    ANHEUSER BUSCH 0 0
    APPLE INC 66,023 66,023
    BANK OF AMERICA 55,503 55,503
    CAPITAL ONE FINANCIAL CORP 10,323 10,323
    CHEVRON 10,366 10,366
    CITIGROUP 43,026 43,026
    COCA COLA CO 26,752 26,752
    CVS HEALTH CORP 11,036 11,036
    GENERAL DYNAMICS 15,144 15,144
    HALLIBURTON CO 16,800 16,800
    JP MORGAN CHASE & CO 26,293 26,293
    MARATHON OIL 55,582 55,582
    MCDONALDS CORP 0 0
    OCCIDENTAL 22,250 22,250
    PAYPAL HOLDINGS 10,687 10,687
    PEPSICO 0 0
    PHILIP MORRIS 54,531 54,531
    SHERWIN WILLIAMS 54,213 54,213
    SYSCO CORP 0 0
    TOYOTA MOTOR CREDIT 26,177 26,177
    WALT DISNEY 11,075 11,075
    WELLS FARGO & CO 10,008 10,008

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    TOWNEBANK RICHMOND FOUNDATION
    EIN:
    54-1996321
    Software ID:
    20012075
    Software Version:
    V1.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M COMPANY 33,385 33,385
    ABBOTT LABORATORIES 54,198 54,198
    ABBVIE 26,359 26,359
    ACCENTURE 63,996 63,996
    ACTIVISION 51,532 51,532
    ADOBE 34,508 34,508
    AIA GROUP 24,172 24,172
    AIR PRODUCTS & CHEMICALS 106,009 106,009
    ALASKA AIR GROUP 0 0
    AKAMAI TECHNOLOGIES 55,645 55,645
    ALBEMARLE CORP 0 0
    ALIBABA GROUP 37,935 37,935
    ALPHABET INC 168,211 168,211
    ALTRIA GROUP 0 0
    ALLSTATE CORP 0 0
    AMADEUS IT GROUP 0 0
    AMAZON.COM INC 159,590 159,590
    AMDOCS 17,023 17,023
    AMERICAN TOWER 29,853 29,853
    AMGEN 68,976 68,976
    ANALOG DEVICES 35,012 35,012
    ANHEUSER BUSCH 37,612 37,612
    ANTHEM INC 31,467 31,467
    AON PLC CL A 47,113 47,113
    APPLE INC 177,805 177,805
    APTIV PLC 42,735 42,735
    ADP 0 0
    AUTOZONE 16,596 16,596
    BALL CORP 49,758 49,758
    BECTON DICKINSON 15,013 15,013
    BANK OF AMERICA 0 0
    BERKSHIRE HATHAWAY 61,909 61,909
    BOSTON SCIENTIFIC 30,306 30,306
    BRISTOL MYERS SQUIBB CO 76,049 76,049
    BROADCOM INC 19,703 19,703
    BROADRIDGE FINL SOL 33,244 33,244
    BROOKFIELD ASSET MNGMT INC CL A 84,892 84,892
    BUNGE LIMITED 32,987 32,987
    CAPITAL ONE FINL CORP 85,406 85,406
    CARMAX 18,609 18,609
    CANNAE HOLDINGS 20,586 20,586
    CARNIVAL CORP 0 0
    CBRE GROUP 37,946 37,946
    CDK GLOBAL 32,290 32,290
    CERNER CORP 48,187 48,187
    CHECK POINT SOFTWARE TECH 0 0
    CHEVRON CORP 73,049 73,049
    CHUBB LIMITED 98,355 98,355
    CHR HANSEN 0 0
    CISCO SYSTEMS 107,803 107,803
    CITIGROUP INC 18,066 18,066
    CME GROUP 54,615 54,615
    COCA COLA CO 16,123 16,123
    COLOPLAST 21,356 21,356
    COMCAST CORP 174,178 174,178
    CONSTELLATION SOFTWARE 39,091 39,091
    CORNING INCE 28,548 28,548
    CROWN CASTLE INTL CORP 47,120 47,120
    CSL LTD 27,317 27,317
    CVS HEALTH CORP 82,575 82,575
    DANAHER CORP 100,185 100,185
    DEERE & CO 25,829 25,829
    DELTA AIRLINES 0 0
    DIAGEO PLC 38,750 38,750
    DICKS SPORTING GOODS 9,162 9,162
    DISCOVER FINL SVCS 39,290 39,290
    DISCOVERY COMMUNICATIONS 19,669 19,669
    DODGE AND COX 160,051 160,051
    DISH NETWORK 13,001 13,001
    DOMINION ENERGY 29,930 29,930
    DOMINOS PIZZA 24,925 24,925
    DOW INC 0 0
    EATON CORP 84,098 84,098
    ECOLAB 0 0
    ENBRIDGE NC 23,193 23,193
    ENCOMPASS HEALTH CORP 10,750 10,750
    EOG RESOURCES 14,213 14,213
    EXPERIAN PLC 34,468 34,468
    EXXON MOBIL 0 0
    F5 NETWORKS 53,838 53,838
    FACEBOOK INC 46,984 46,984
    FAIRFAX FINANCIAL HOLDINGS 25,230 25,230
    FEDEX CORP 46,472 46,472
    FERRARI 32,592 32,592
    FIDELITY NATL FINANCIAL 45,735 45,735
    FISERV 55,678 55,678
    FLEETCOR TECHNOLOGIES 19,917 19,917
    FLIR SYSTEMS 19,636 19,636
    FREEPORT MCMORAN 0 0
    GAMING & LEISURE PPTYS 28,408 28,408
    GENERAL DYNAMICS 15,477 15,477
    GENERAL MOTORS 0 0
    GILEAD SCIENCES 17,187 17,187
    GOLDMAN SACHS GROUP 24,525 24,525
    HCA HEALTHCARE 63,810 63,810
    HDFC BANK 0 0
    HOLOGIC 64,455 64,455
    HOME DEPOT 119,795 119,795
    HONEYWELL 53,600 53,600
    IHS MARKIT LTD 38,537 38,537
    ILLUMINA 15,540 15,540
    INTUIT 61,916 61,916
    ISHARES MCP 0 0
    ISHARES SCP 0 0
    ISHARES EMKT 155,100 155,100
    ISHARES EURO 153,840 153,840
    ISHARES FLOATING RATE 24,599 24,599
    ISHARES SHORT TERM 0 0
    ISHARES NASDAQ BIOTECH 13,331 13,331
    ISHARES 1-3 YR TREASURY BOND ETF 13,389 13,389
    ISHARES 3-7 YR TREASURY BOND ETF 14,761 14,761
    ISHARES 5-10 YR INVESTMENT GRADE BOND ETF 31,513 31,513
    ISHARES INTERMEDIATE TERM 0 0
    ISHARES TR CORE US 23,638 23,638
    INTERCONTINENTAL HOTELS 0 0
    INTEL 0 0
    INVESCO 2020 0 0
    JOHNSON & JOHNSON 92,067 92,067
    JP MORGAN CHASE 132,788 132,788
    L3HARRIS TECHNOLOGIES 40,450 40,450
    LAMAR ADVERTISING CO 40,944 40,944
    LAS VEGAS SANDS CORP 0 0
    LENNAR CORP 37,505 37,505
    LIBERTY BROADBAND CORP 24,231 24,231
    LOWES COMPANIES 18,459 18,459
    LVMH MOET HENNESSY LOUIS VUITTON ADR 35,548 35,548
    MARATHON PETROLEUM 0 0
    MARKEL CORP 56,832 56,832
    MARTIN MARIETTA MATERIALS 15,618 15,618
    MASTERCARD INC 71,745 71,745
    MAXIM INTEGRATED PRODS 0 0
    MCDONALDS 29,397 29,397
    MEDTRONIC 147,010 147,010
    MERCADOLIBRE 11,727 11,727
    MERCK & CO 90,225 90,225
    METTLER TOLEDO 36,470 36,470
    MICROSOFT CORP 290,703 290,703
    MONDELEZ INTL INC 0 0
    MONSTER BEVERAGE 0 0
    MOODYS CORP 14,802 14,802
    MORGAN STANLEY 0 0
    MOTOROLA 77,207 77,207
    NASDAQ INC 29,468 29,468
    NESTLE S A SPNSD 16,139 16,139
    NEWMONT CORP 21,740 21,740
    NEXTERA ENERGY 20,985 20,985
    NIKE 19,806 19,806
    NORFOLK SOUTHERN CORP 31,127 31,127
    NORTHERN TRUST CORP 20,491 20,491
    NORWEGIAN CRUISE LINE 0 0
    NXP SEMICONDUCTORS 79,187 79,187
    OCCIDENTAL PETROLEUM CORP 0 0
    OREILLY AUTOMOTIVE INC 0 0
    PAYPAL 53,163 53,163
    PEPSICO 77,413 77,413
    PFIZER INC 0 0
    PHILLIPS 66 13,359 13,359
    PHILIP MORRIS INTL 28,977 28,977
    PTC INC 56,217 56,217
    QUALCOMM 33,819 33,819
    QUALYS INC 12,674 12,674
    RACKSPACE TECHNOLOGY INC 29,905 29,905
    RELX PLC 0 0
    RESTAURANT BRANDS 32,205 32,205
    ROYAL CARIBBEAN CRUISES 0 0
    ROYAL DUTCH SHELL PLC 0 0
    RYMAN HOSPITALITY PPTYS 0 0
    S&P GLOBAL 29,586 29,586
    SAGE GROUP PLC 0 0
    SALESFORCE.COM 100,131 100,131
    SCHWAB CHARLES CORP 64,338 64,338
    SHERWIN WILLIAMS 27,927 27,927
    STARBUCKS CORP 18,828 18,828
    SONY CORP 47,113 47,113
    STRYKER CORP 27,444 27,444
    TE CONNECTIVITY 30,631 30,631
    TENCENT HOLDINGS 45,794 45,794
    TEXAS INSTRUMENTS 9,520 9,520
    TJX COC INC 19,941 19,941
    TMOBILE US 29,667 29,667
    TOUCHSTONE MID CAP FUND 153,077 153,077
    TOWNEBANK 6,034,360 6,034,360
    TRUIST FINANCIAL 19,508 19,508
    TYSON FOODS INC 36,473 36,473
    UBER TECHNOLOGIES 12,444 12,444
    UNION PACIFIC 92,658 92,658
    UNITED PARCEL SVC INC B 68,033 68,033
    UNITED HEALTH GROUP 106,607 106,607
    VANGUARD SHORT TERM BOND FUND 55,855 55,855
    VERISK ANALYTICS 54,389 54,389
    VERIZON COMMUNICATIONS 101,696 101,696
    VERTEX PHARMACEUTICALS 9,454 9,454
    VIACOMCBS 0 0
    VISA INC CLASS A 48,121 48,121
    VULCAN MATERIALS CO 0 0
    WP CAREY 17,222 17,222
    WALMART 79,283 79,283
    WALT DISNEY CO 23,372 23,372
    WATERS CORP 0 0
    WATSCO INC A 37,607 37,607
    WELLS FARGO & CO 0 0

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    TOWNEBANK RICHMOND FOUNDATION
    EIN:
    54-1996321
    Software ID:
    20012075
    Software Version:
    V1.0
    US Government Securities - End of Year Book Value:

    10,203
    US Government Securities - End of Year Fair Market Value:

    10,109
    State & Local Government Securities - End of Year Book Value:


    10,109
    State & Local Government Securities - End of Year Fair Market Value:


    10,109


    TY 2020 OtherAssetsSchedule
    Name:
    TOWNEBANK RICHMOND FOUNDATION
    EIN:
    54-1996321
    Software ID:
    20012075
    Software Version:
    V1.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Dividend receivable 50,400 46,260 46,260


    TY 2020 OtherDecreasesSchedule
    Name:
    TOWNEBANK RICHMOND FOUNDATION
    EIN:
    54-1996321
    Software ID:
    20012075
    Software Version:
    V1.0
    Description Amount
    Decrease in unrealized appreciation 817,767


    TY 2020 OtherExpensesSchedule
    Name:
    TOWNEBANK RICHMOND FOUNDATION
    EIN:
    54-1996321
    Software ID:
    20012075
    Software Version:
    V1.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Portfolio Management fees 67,229 67,229 0 0
    Foreign Withholding 1,168 1,168 0 0


    TY 2020 TaxesSchedule
    Name:
    TOWNEBANK RICHMOND FOUNDATION
    EIN:
    54-1996321
    Software ID:
    20012075
    Software Version:
    V1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Estimated excise 8,745 0 0 0