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
JONATHAN M NELSON FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)50 KENNEDY PLAZA 18TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PROVIDENCE, RI02903
A Employer identification number

05-0504814
B Telephone number (see instructions)

(401) 751-1700
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$156,484,559J 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) 19,476,964
2 Check bullet.............
3 Interest on savings and temporary cash investments 301,631 301,631  
4 Dividends and interest from securities... 1,621,937 1,247,254  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,032,560
b Gross sales price for all assets on line 6a 27,047,719
7 Capital gain net income (from Part IV, line 2)... 5,032,560
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)....... Click to see attachment 17,374 1,133 0
12 Total. Add lines 1 through 11........ 26,450,466 6,582,578 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 227,869 217,869 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 87,165 15,165 0 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 9,741 0 0 10
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 324,775 233,034 0 10
25 Contributions, gifts, grants paid....... 5,346,418 5,469,159
26 Total expenses and disbursements. Add lines 24 and 25 5,671,193 233,034 0 5,469,169
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 20,779,273
b Net investment income (if negative, enter -0-) 6,349,544
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............. 5,695,844 6,332,470 6,332,470
2 Savings and temporary cash investments.........      
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)....... 44,507,139 Click to see attachment50,892,391 112,994,557
c Investments—corporate bonds (attach schedule)....... 10,939,914 Click to see attachment11,089,607 11,620,123
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 19,215,843 Click to see attachment21,882,646 25,537,409
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) 80,358,740 90,197,114 156,484,559
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........... 80,358,740 90,197,114
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 80,358,740 90,197,114
30 Total liabilities and net assets/fund balances (see instructions). 80,358,740 90,197,114
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
80,358,740
2
Enter amount from Part I, line 27a .....................
2
20,779,273
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
101,138,013
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
10,940,899
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
90,197,114
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 GOLDMAN SACHS 020-5      
b GOLDMAN SACHS 020-5      
c GOLDMAN SACHS 021-3      
d GOLDMAN SACHS 021-3      
e GOLDMAN SACHS 631-3      
GOLDMAN SACHS 631-3      
GOLDMAN SACHS 380-0      
GOLDMAN SACHS 380-0      
GOLDMAN SACHS 381-8      
GOLDMAN SACHS 381-8      
GOLDMAN SACHS 484-4      
NON US EQUITY PORTFOLIO P    
NON US EQUITY PORTFOLIO P    
DURABLE CAPITAL ONSHORE FUND P    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,442,737   3,046,400 396,337
b 3,188,506   2,434,854 753,652
c 2,993,547   3,243,984 -250,437
d 2,710,512   2,743,958 -33,446
e 379,515   386,469 -6,954
2,467,871   2,431,445 36,426
35,943   51,110 -15,167
218,068   205,532 12,536
71,789   74,594 -2,805
385,191   294,388 90,803
11,005,876   8,245,298 2,760,578
      35,485
      350,515
      756,873
148,164     148,164
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       396,337
b       753,652
c       -250,437
d       -33,446
e       -6,954
      36,426
      -15,167
      12,536
      -2,805
      90,803
      2,760,578
      35,485
      350,515
      756,873
      148,164
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 5,032,560
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 1,034,643
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 88,259
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 88,259
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 88,259
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 87,061
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 87,061
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,198
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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)
    bulletRI
    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. Click to see attachment...............................
    10
    Yes
     
    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 ofbulletSTACEY L TRAMONTI Telephone no.bullet (401) 751-1700

    Located atbullet50 KENNEDY PLAZA 18TH FLOORPROVIDENCERI ZIP+4bullet02903
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JONATHAN M NELSON TRUSTEE
    0.00     		0 0 0
    50 KENNEDY PLAZA 18TH FLOOR
    PROVIDENCE,RI02903
    DAVID K DUFFELL TRUSTEE
    0.00     		0 0 0
    50 KENNEDY PLAZA 18TH FLOOR
    PROVIDENCE,RI02903
    JANE S NELSON TRUSTEE
    0.00     		0 0 0
    50 KENNEDY PLAZA 18TH FLOOR
    PROVIDENCE,RI02903
    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 NONE 0
    2  
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    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
    106,895,919
    b
    Average of monthly cash balances.......................
    1b
    4,319,670
    c
    Fair market value of all other assets (see instructions)................
    1c
    6,667,059
    d
    Total (add lines 1a, b, and c).........................
    1d
    117,882,648
    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
    117,882,648
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,768,240
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    116,114,408
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,805,720
    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
    5,805,720
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    88,259
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    88,259
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,717,461
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    5,717,461
    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
    5,717,461
    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
    5,469,169
    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
    5,469,169
    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
    5,469,169
    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 5,717,461
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:2019, 2018, 2017 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016...... 1,124,742
    c From 2017...... 2,752,085
    d From 2018...... 2,709,123
    e From 2019......  
    fTotal of lines 3a through e........ 6,585,950
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 5,469,169
    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..... 5,469,169
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 248,292 248,292
    (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 6,337,658
    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 ......     		6,337,658
    10 Analysis of line 9:
    a Excess from 2016.... 876,450
    b Excess from 2017.... 2,752,085
    c Excess from 2018.... 2,709,123
    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).)
    JONATHAN M NELSON
    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 e-mail address of the person to whom applications should be addressed:
    JONATHAN M NELSON
    C/O PROVIDENCE EQUITY PARTNERS INC
    50 KENNEDY PLAZA
    PROVIDENCE,RI02903
    (401) 751-1700
    bThe form in which applications should be submitted and information and materials they should include:
    NO STANDARD FORMAT
    cAny submission deadlines:
    NO DEADLINES
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO RESTRICTIONS
    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
    ALTA COMMUNITY ENRICHMENT
    PO BOX 8126
    ALTA,UT84092     		  PC PROTECTION OF ENVIRONMENTALLY SENSITIVE LANDS IN ALTA, UTAH. 1,000
    BROWN UNIVERSITY
    164 ANGELL STREET BOX 1877
    PROVIDENCE,RI02912     		  PC TO PROVIDE EDUCATION AND PREPARE STUDENTS TO SERVE THE COMMUNITY, NATION AND THE WORLD BY COMMUNICATING AND PRESERVING KNOWLEDGE 1,215,500
    COLUMBIA UNIVERSITY
    622 W 168TH STREET
    NEW YORK,NY10032     		  PC TO RAISE AWARENESS AND FUNDING FOR TRANSPLATION RESEARCH ACROSS ALL ORGAN DISCIPLINES. 1,000,000
    COMMUNITY WORD PROJECT
    11 BROADWAY SUITE 508
    NEW YORK,NY10004     		  PC TO SUPPORT ARTS IN EDUCATION 10,000
    CONANICUT ISLAND LAND TRUST
    PO BOX 106
    JAMESTOWN,RI02835     		  PC PRESERVATION OF OPEN SPACE 1,000
    DANA FARBER CANCER INSTITUTE INC
    450 BROOKLINE AVENUE
    BOSTON,MA02115     		  PC TO PROVIDE COMPASSIONATE CARE FOR CANCER PATIENTS 10,000
    EDESIA INC
    550 ROMANO VINEYARD WAY
    NORTH KINGSTON,RI02852     		  PC HELP TREAT AND PREVENT MALNUTRITION IN YOUNG CHILDREN GLOBALLY 10,000
    ENDEAVOR GLOBAL
    900 BROADWAY
    NEW YORK,NY10003     		  PC PROMOTES INTERNATIONAL ECONOMIC DEVELOPMENT THROUGH JOB CREATION AND MANAGEMENT TRAINING. 10,000
    FOOD BANK FOR NYC
    39 BROADWAY 10TH FLOOR
    NEW YORK,NY10006     		  PC TO END HUNGER BY ORGANIZING FOOD, INFORMATION AND SUPPORT FOR COMMUNITYSURVIVALAND DIGNITY 15,237
    FRIENDS OF ALTA
    10201 EAST HIGHWAY 210
    SANDY,UT84092     		  PC PROTECT THE ENVIRONMENT OF ALTA 1,000
    FROM THE HEART PRODUCTIONS
    6934 HARMON DRIVE
    VENTURA,CA93003     		  PC DEDICATED TO HELPING INDEPENDENT FILMMAKERS WITH UNIQUE PROJECTS THAT CONTRIBUTE TO SOCIETY GET THEIR FILMS FUNDED. 25,000
    GREENLOCK THERAPEUTIC RIDING
    55 SUMMER STREET
    REHOBOTH,MA02769     		  PC TO PROVIDE EQUINE-RELATED ACTIVITIES FOR THERAPY 5,000
    HARMONY PROGRAM
    1700 BROADWAY 39TH FLOOR
    NEW YORK,NY10019     		  PC TO CHANGE LIVES THROUGH MUSIC MAKING FOR CHILDREN IN UNDERSERVED COMMUNITIES 15,000
    HARVARD BUSINESS SCHOOL
    124 MOUNT AUBURN STREET
    CAMBRIDGE,MA02138     		  PC EDUCATIONAL - TO SUPPORT STUDENTS NEEDS 300,000
    HOPELINK
    PO BOX 3577
    REDMOND,WA98073     		  PC TO PROMOTE SELF SUFFICIENCY FOR ALL MEMBERS OF THE COMMUNITY, TO MAKE LASTING CHANGE 10,000
    INNER CITY SCHOLARSHIP FUND
    1011 FIRST AVENUE SUITE 1800
    NEW YORK,NY10022     		  PC INNER CITY SCHOLARSHIP FUND TO CHANGE LIVES FOR THE BETTER BY PROVIDING FAMILIES WITH DEMONSTRABLE FINANCIAL NEED, BASED ON THE K-12 CATHOLIC EDUCATION WITHING THE ARCHDIOCESE OF NYC 10,000
    INSTITUTE FOR ADVANCED STUDY
    EINSTEIN DRIVE
    PRINCETON,NJ08540     		  PC THE INSTITUTE EXISTS TO ENCOURAGE AND SUPPORT FUNDAMENTAL SCHOLARSHIP THE ORIGINAL, OFTEN SPECULATIVE, THINKING THAT PRODUCES ADVANCES IN KNOWLEDGE THAT CHANGE THE WAY WE UNDERSTAND THE WORLD. 150,000
    IYRS
    449 THAMES STREET NO 111
    NEWPORT,RI02840     		  PC TO TEACH THE SKILLS, HISTORY, ART AND SCIENCE OF RESTORING, MAINTAINING AND BUILDING BOATS. 30,000
    JAMESTOWN FIRE DEPARTMENT
    50 NARRAGANSETT AVENUE
    JAMESTOWN,RI02835     		  PC FUNDING FOR FIRE AND RESCUE SERVICES. 100
    MOUNT SINAI HEALTH SYSTEM
    150 E 42ND STREET
    NEW YORK,NY10017     		  PC TO PROVIDE COMPASSIONATE PATIENT CARE WITH SEAMLESS COORDINATION AND TO ADVANCE MEDICINE THROUGH UNRIVALED EDUCATION, RESEARCH, AND OUTREACH IN THE MANY DIVERSE COMMUNITIES WE SERVE. 16,440
    NATURE CONSERVANCY OF UTAH
    559 EAST SOUTH TEMPLACE
    SALT LAKE CITY,UT84102     		  PC PROTECTS AND PRESERVES THE ENVIRONMENT. 5,000
    NEW YORK CARES
    65 BROADWAY 19TH FLOOR
    NEW YORK,NY10006     		  PC TO MEET PRESSING COMMUNITY NEEDS BY MOBILIZING CARING NEW YORKERS IN VOLUNTEER SERVICE 1,000
    NEW YORK PRESBYTERIAN FUND
    525 E 68TH STREET
    NEW YORK,NY10065     		  PC TO RECEIVE, SOLICIT, AND ADMINISTER FUNDS TO BE APPLIED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES OF THE NY AND PRESBYTERIAN HOSPITAL AND ANY OTHER HEALTH CARE RELATED CHARITABLE ORGANIZATION APPROVED BY THE BOARD OF DIRECTORS 1,000,000
    NEWPORT FESTIVALS FOUNDATION
    100 CUMMINGS CENTER
    BEVERLY,MA01915     		  PC PRESERVES THE LEGACY OF AMERICA'S ICONIC JAZZ AND FOLK FESTIVALS. 50,000
    NORTHFIELD MOUNT HERMON SCHOOL
    1 LAMPLIGHTER WAY
    MOUNT HERMON,MA01354     		  PC FUNDS HELP SUPPORT THIS COED BOARDING AND DAY SCHOOL. 10,000
    PAN MASS CHALLENGE
    10 BROOKLINE PLACE
    WEST BROOKLINE,MA02445     		  PC SUPPORTS CANCER RESEARCH 143,600
    RHODE ISLAND COMMUNITY FOOD BANK
    200 NIANTIC AVENUE
    PROVIDENCE,RI02907     		  PC TO IMPROVE THE QUALITY OF LIFE FOR ALL RHODE ISLANDERS BY ADVANCING SOLUTIONS TO THE PROBLEM OF HUNGER. 28,025
    RHODE ISLAND COMMUNITY FOUNDATION - COVID 19 FUND
    ONE UNION STATION
    PROVIDENCE,RI02903     		  PC RI'S LEADING PHILANTHROPIC ORGANIZATION, ADDRESSING SOCIAL AND ECONOMIC INEQUITIES IN RI - RESPONSE TO COVID FUND 258,308
    RHODE ISLAND ZOOLOGICAL SOCIETY
    1000 ELMWOOD AVENUE
    PROVIDENCE,RI02907     		  PC SERVES THE COMMUNITY AS A RESOURCE FOR EDUCATION, CONSERVATION AND RECREATION. 13,500
    RISE INC
    1600 WOHLERT STREET
    ANGOLA,IN46703     		  PC PARTNERS WITH FAMILIES AND INDIVIDUALS EXPERIENCING ECONOMIC, PHYSICAL, AND DEVELOPMENTAL CHALLENGES, BY PROVIDING PERSONALIZED SERVICES AND ADVOCACY FOR INDEPENDENCE, QUALITY OF LIFE AND HOPE. 2,500
    ROCKEFELLER UNIVERSITY
    1230 YORK AVENUE
    NEW YORK,NY10065     		  PC TO SUPPORT ANNUAL FUND 175,000
    ROCKEFELLER UNIVERSITY
    1230 YORK AVENUE
    NEW YORK,NY10065     		  PC TO SUPPORT ANNUAL FUND 752,949
    SAVE THE BAY
    100 SAVE THE BAY DRIVE
    PROVIDENCE,RI02905     		  PC ENSURES THAT THE ENVIRONMENTAL QUALITY OF NARRAGANSETT BAY IS RESTORED AND PROTECTED FROM THE HARMFUL EFFECTS HUMAN ACTIVITY. 50,000
    THE APOLLO THEATER
    253 W 125TH STREET
    NEW YORK,NY10027     		  PC SUPPORTING AFRICAN-AMERICAN ARTISTS AND AFRICAN DIASPORIC CREATIVE EXPRESSION 25,000
    THE BUTLER HOSPITAL FOUNDATION
    171 SERVICE AVE FL 2
    WARWICK,RI02886     		  PC TO FURTHER THE MISSION OF BUTLER HOSPITAL BY PROVIDING THE HOSPITAL WITH PHILANTHROPIC SUPPORT 1,000
    THE FUND FOR PUBLIC SCHOOLS
    52 CHAMBERS STREET ROOM 305
    NEW YORK,NY10007     		  PC THE FUND FOR PUBLIC SCHOOLS IS DEDICATED TO IMPROVING NYC'S PUBLIC SCHOOLS BY ATTRACTING PRIVATE INVESTMENT IN SCHOOL REFORM AND ENCOURAGING GREATER INVOLVEMENT BY ALL NEW YORKERS IN THE EDUCATION OF CHILDREN 10,000
    THE GORDEN SCHOOL
    45 MAXFIELD AVENUE
    EAST PROVIDENCE,RI02914     		  PC TO SUPPORT STUDENTS NEEDS OF THIS COEDUCATIONAL INDEPENDENT SCHOOL 10,000
    THE JAMESTOWN COMMUNITY FARM INC
    PO BOX 352
    JAMESTOWN,RI02835     		  PC TO PROMOTE AGRICULTURE AND GROW FOOD FOR THOSE IN NEED. 500
    THE NEW ENGLAND AQUARIUM
    NEW ENGLAND AQUARIUM CENTRAL WHARF
    BOSTON,MA02110     		  PC NEW ENGLAND AQUARIUM COMBINES EDUCATION, ENTERTAINMENT, AND ACTION TO ADRESS THE MOST CHALLENGING PROBLEMS FACING THE OCEANS. 50,000
    THE OPPORTUNITY NETWORK
    85 BROAD STREET 6TH FLOOR
    NEW YORK,NY10004     		  PC IGNITES THE DRIVE, CURIOSITY, AND AGENCY OF UNDERREPRESENTED STUDENTS ON THEIR PATHS TO AND THROUGH COLLEGE AND INTO THRIVING CAREERS 25,000
    THE WOLF SCHOOL
    215 FERRIS AVE
    EAST PROVIDENCE,RI02916     		  PC THE WOLF SCHOOL INSPIRES COMPLEX LEARNERS TO DISCOVER CONFIDENCE, COMPASSION, AND A LOVE OF LEARNING TO REACH THEIR FULL POTENTIAL. 2,500
    TOURETE ASSOCIATION OF AMERICA
    42-40 BELL BOULEVARD SUITE 205
    BAYSIDE,NY11361     		  PC TO MAKE LIFE BETTER FOR ALL PEOPLE AFFECTED BY TOURETTE AND TIC DISORDERS 10,000
    TRINITY REPERTORY COMPANY
    201 WASHINGTON STREET
    PROVIDENCE,RI02903     		  PC TO PROMOTE THE APPRECIATION OF THEATRE THROUGH THEATRICAL PRODUCTION THAT STIMULATE, EDUCATE AND ENGAGE THE COMMUNITY. 10,000
    Total .................................bullet 3a 5,469,159
    bApproved for future payment
    COLUMBIA UNIVERSITY
    622 W 168TH STREET
    NEW YORK,NY10032     		  PC TO RAISE AWARENESS AND FUNDING FOR TRANSPLATION RESEARCH ACROSS ALL ORGAN DISCIPLINES. 1,000,000
    HARVARD BUSINESS SCHOOL
    124 MOUNT AUBURN STREET
    CAMBRIDGE,MA02138     		  PC EDUCATIONAL - TO SUPPORT STUDENTS NEEDS 250,000
    NEW YORK PRESBYTERIAN FUND
    525 E 68TH STREET
    NEW YORK,NY10065     		  PC TO RECEIVE, SOLICIT, AND ADMINISTER FUNDS TO BE APPLIED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES OF THE NY AND PRESBYTERIAN HOSPITAL AND ANY OTHER HEALTH CARE RELATED CHARITABLE ORGANIZATION APPROVED BY THE BOARD OF DIRECTORS 1,000,000
    ROCKEFELLER UNIVERSITY
    1230 YORK AVENUE
    NEW YORK,NY10065     		  PC TO SUPPORT ANNUAL FUND 750,000
    Total .................................bullet 3b 3,000,000
    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
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 301,631  
    4 Dividends and interest from securities....     14 1,621,937  
    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.....     18 17,374  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 5,032,560  
    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 6,973,502 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    6,973,502
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


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

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

    05-0504814
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    JONATHAN M NELSON FAMILY FOUNDATION
          		Employer identification number
    05-0504814
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    JONATHAN M NELSON
    50 KENNEDY PLAZA 18TH FLOOR
     
    PROVIDENCE, MA02903

    		$ 65,189


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    JONATHAN M NELSON
    50 KENNEDY PLAZA 18TH FLOOR
     
    PROVIDENCE, MA02903

    		$ 2,210,525


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    JONATHAN M NELSON
    50 KENNEDY PLAZA 18TH FLOOR
     
    PROVIDENCE, MA02903

    		$ 2,817,468


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    JONATHAN M NELSON
    50 KENNEDY PLAZA 18TH FLOOR
     
    PROVIDENCE, MA02903

    		$ 9,837,126


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    JONATHAN M NELSON
    50 KENNEDY PLAZA 18TH FLOOR
     
    PROVIDENCE, MA02903

    		$ 1,357,237


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    JONATHAN M NELSON
    50 KENNEDY PLAZA 18TH FLOOR
     
    PROVIDENCE, MA02903

    		$ 515,689


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    JONATHAN M NELSON FAMILY FOUNDATION
          		Employer identification number
    05-0504814
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    JONATHAN M NELSON
    50 KENNEDY PLAZA 18TH FLOOR
     
    PROVIDENCE, MA02903

    		$ 1,067,322


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    JONATHAN M NELSON
    50 KENNEDY PLAZA 18TH FLOOR
     
    PROVIDENCE, MA02903

    		$ 1,606,408


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    JONATHAN M NELSON FAMILY FOUNDATION
          		Employer identification number

    05-0504814
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 38 SHARES ALPHABET INC $ 65,189 2020-12-21
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 8150 SHARES FACEBOOK $ 2,210,525 2020-12-21
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 4334 SHARES CHARTER COMMUNICATIONS $ 2,817,468 2020-12-21
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    4
    		 60142 SHARES LOWES COMPANIES $ 9,837,126 2020-12-21
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    5
    		 783 SHARES ALPHABET INC $ 1,357,237 2020-12-24
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    6
    		 989 SHARES NVIDIA CORPORATION $ 515,689 2020-12-24
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    JONATHAN M NELSON FAMILY FOUNDATION
          		Employer identification number

    05-0504814
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    7
    		 4799 SHARES MICROSOFT CORPORATION $ 1,067,322 2020-12-24
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    8
    		 12144 SHARES APPLE INC $ 1,606,408 2020-12-24
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    JONATHAN M NELSON FAMILY FOUNDATION
          		Employer identification number

    05-0504814
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AllOthProgRltdInvestmentsSch
    Name:
    JONATHAN M NELSON FAMILY FOUNDATION
    EIN:
    05-0504814
    Category Amount
    NONE 0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    JONATHAN M NELSON FAMILY FOUNDATION
    EIN:
    05-0504814
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GOLDMAN SACHS 11,089,607 11,620,123

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    JONATHAN M NELSON FAMILY FOUNDATION
    EIN:
    05-0504814
    Name of Stock End of Year Book Value End of Year Fair Market Value
    GOLDMAN SACHS 50,892,391 112,994,557

    TY 2020 InvestmentsOtherSchedule2
    Name:
    JONATHAN M NELSON FAMILY FOUNDATION
    EIN:
    05-0504814
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NON-US EQUITY MANAGERS: PORT 1 FMV 6,911,056 7,585,647
    GS GROWTH OPPORTUNITIES FUND FMV 1,104,531 1,220,651
    WHITEHALL PARALLEL GLOBAL R/E FMV 0 4,403
    WHITEHALL STREET INT'L R/E FMV 1,000,000 6,597
    NON-US EQUITY STRUCT'D PRODUCT FMV 1,200,000 1,517,448
    DURABLE CAPITAL ONSHORE FUND FMV 6,667,059 6,667,059
    JP MORGAN - COATUE OPPORTUNITY OFFSHORE FUND I FMV 5,000,000 8,535,604

    TY 2020 OtherDecreasesSchedule
    Name:
    JONATHAN M NELSON FAMILY FOUNDATION
    EIN:
    05-0504814
    Description Amount
    FUND ADJUSTMENT FOR DIFFERENCE BETWEEN COST OF CONTRIBUTIONS AND FMV 10,818,158
    ADJUSTMENT FOR FMV OF ADVANCED AUTO PARTS GRANT 122,741


    TY 2020 OtherExpensesSchedule
    Name:
    JONATHAN M NELSON FAMILY FOUNDATION
    EIN:
    05-0504814
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING FEES 1,324 0 0 10
    MISCELLANEOUS COSTS 8,417 0 0 0


    TY 2020 OtherIncomeSchedule2
    Name:
    JONATHAN M NELSON FAMILY FOUNDATION
    EIN:
    05-0504814
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    GOLDMAN SACHS - ORDINARY GAINS 1,133 1,133 0
    GOLDMAN SACHS - OTHER INCOME 106,403 0 0
    NON-US EQUITY MANAGERS: PORTFOLIO 1 (SERIES) 12,458 0 0
    DURABLE CAPITAL ONSHORE FUND LP -101,782 0 0
    WHITEHALL PARALLEL GLOBAL REAL ESTATE LP 2001 -838 0 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    JONATHAN M NELSON FAMILY FOUNDATION
    EIN:
    05-0504814
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 217,869 217,869 0 0
    TAX RETURN PREPARATION FEES 10,000 0 0 0


    TY 2020 SubstantialContributorsSch
    Name:
    JONATHAN M NELSON FAMILY FOUNDATION
    EIN:
    05-0504814
    Name Address
    JONATHAN M NELSON 50 KENNEDY PLAZA 18TH FLOOR
    PROVIDENCE,RI02903


    TY 2020 TaxesSchedule
    Name:
    JONATHAN M NELSON FAMILY FOUNDATION
    EIN:
    05-0504814
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 72,000 0 0 0
    FOREIGN TAXES 15,083 15,083 0 0
    RECLAIMABLE FOREIGN TAXES 82 82 0 0