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
CRESWELL CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)7668 HIGHWAY 40
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HENAGAR, AL359786736
A Employer identification number

46-4738225
B Telephone number (see instructions)

(256) 657-3213
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$504,035J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 12,006 12,006 12,006
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment -3,314
b Gross sales price for all assets on line 6a 183,781
7 Capital gain net income (from Part IV, line 2)... 563
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 562 562 562
12 Total. Add lines 1 through 11........ 9,254 13,131 12,568
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 3,700      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,080   1,080  
c Other professional fees (attach schedule).... Click to see attachment 10,347 5,174   5,174
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,232 611 621  
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 3,700   3,700  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 20,059 5,785 5,401 5,174
25 Contributions, gifts, grants paid....... 9,500 9,500
26 Total expenses and disbursements. Add lines 24 and 25 29,559 5,785 5,401 14,674
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -20,305
b Net investment income (if negative, enter -0-) 7,346
c Adjusted net income (if negative, enter -0-)... 7,167
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............. 12,683 18,669 18,663
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) bullet20,000
Less: allowance for doubtful accounts bullet   25,000 Click to see attachment20,000 20,000
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)....... 421,520 Click to see attachment400,229 465,372
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 459,203 438,898 504,035
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 459,203 438,898
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)..... 459,203 438,898
30 Total liabilities and net assets/fund balances (see instructions). 459,203 438,898
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
459,203
2
Enter amount from Part I, line 27a .....................
2
-20,305
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
438,898
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
438,898
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.)
1a
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
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
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 2 563
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 102
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........................... 3 102
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- ..... 5 102
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
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 9 102
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletAL
    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 .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletREX CRESWELL Telephone no.bullet (256) 657-3213

    Located atbullet7668 HIGHWAYHENAGARAL ZIP+4bullet35978
    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
     
     
    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 bullet2019, 2018, 2017, 2016
    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
    Yes
     
    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
    REX CRESWELL TRUSTEE
    5.00     		3,700 0 0
    7668 HIGHWAY
    HENAGAR,AL35978
    BILLY DUNCAN ADVISORY BOA
    0.04     		0 0 0
    60 METCALF STREET
    PISGAH,AL35765
    SHELLEY GRANT ADVISORY BOA
    0.10     		0 0 0
    60 METCALF STREET
    PISGAH,AL35765
    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 INTEND TO PROVIDE AT LEAST FOUR ANNUAL 1,000, RENEWING SCHOLARSHIPS TO GRADUATES OF PISGAH HIGH SCHOOL. 20,058
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    465,372
    b
    Average of monthly cash balances.......................
    1b
    15,670
    c
    Fair market value of all other assets (see instructions)................
    1c
    20,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    501,042
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    501,042
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    7,516
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    493,526
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    24,676
    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
    24,676
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    102
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    102
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    24,574
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    24,574
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    24,574
    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
    14,674
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    14,674
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    14,674
    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 24,574
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 22,751
    b Total for prior years:2015, 2014, 2013 13,939
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 14,674
    a Applied to 2019, but not more than line 2a 14,674
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		13,939
    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......     		13,939
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		8,077
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		24,574
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    SHELLEY GRANT
    60 METCALF STREET
    PISGAH,AL35765
    (256) 451-3241
    bThe form in which applications should be submitted and information and materials they should include:
    EACH YEAR THE GUIDANCE COUNSELOR AT PISGAH HIGH SCHOOL WILL ANNOUNCE THE APPLICATION PROCESS FOR THE SCHOLARSHIPS TO THE STUDENTS OF THE SCHOOL.
    cAny submission deadlines:
    MAY 10
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    FOUR 1,000 RENEWING SCHOLARSHIPS WILL BE PROVIDED TO SELECTED GRADUATES OF PISGAH HIGH SCHOOL ON AN ANNUAL BASIS. THE SCHOLARSHIPS WILL BE PROVIDED TO GRADUATES WHO HAVE DEMONSTRATED ACADEMIC EXCELLENCE AND FINANCIAL NEED; RECIPIENTS WILL BE AWARDED THE SCHOLARSHIPS OVER A PERIOD OF FOUR YEARS AFTER GRADUATING FROM PISGAH HIGH SCHOOL. SELECTION OF RECIPIENTS WILL BE MADE BY THE ADVISORY COMMITTEE FROM STUDENTS WHO HAVE SUBMITTED THE SCHOLARSHIP APPLICATION. SCHOLARSHIP RECIPIENTS WILL NEED TO PROVIDE WRITTEN DOCUMENTATION OF ALL GRADES AND TRANSCRIPTS SHOWING A MINIMUM GRADE POINT AVERAGE OF 2.75 AND MAINTAIN GOOD STANDING WITH THE COLLEGE IN ORDER TO RENEW THE SCHOLARSHIP.
    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
    NORTHEAST ALABAMA COMMUNITY COLLEGE
    138 AL-35
    RAINSVILLE,AL35986     		  PC STUDENT SCHOLARSHIPS 9,500
    Total .................................bullet 3a 9,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....         12,006
    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.....         562
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        -3,314
    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)..     9,254
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    9,254
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    CRESWELL CHARITABLE FOUNDATION
    EIN:
    46-4738225
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      1,080   1,080  

    TY 2020 ExplnOfNonFilingWithAGStmt
    Name:
    CRESWELL CHARITABLE FOUNDATION
    EIN:
    46-4738225
    Statement:
    NOT REQUIRED TO FILE WITH ALABAMA ATTORNEY GENERAL.

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

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    CRESWELL CHARITABLE FOUNDATION
    EIN:
    46-4738225
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    ISHARES INCORPORATED 2020-07 PURCHASE 2020-10   2,920 3,240     -320  
    GOLDMAN SACHS ACTIVEBETA 2020-01 PURCHASE 2020-06   2,941 3,320     -379  
    EXXON MOBIL CORPORATION 2020-05 PURCHASE 2020-10   1,235 1,609     -374  
    ISHARES INCORPORATED 2019-11 PURCHASE 2020-03   833 1,337     -504  
    ISHARES TR CORE 2019-05 PURCHASE 2020-03   4,072 4,442     -370  
    ISHARES TR U.S. FIN 2019-11 PURCHASE 2020-07   1,705 2,040     -335  
    ISHARES TR MSCI   PURCHASE 2020-06   5,856 5,131     725  
    ISHARES TR MSCI 2020-03 PURCHASE 2020-06   7,407 6,585     822  
    JP MORGAN BETA BUILDERS 2020-04 PURCHASE 2020-07   3,720 3,443     277  
    SPDR HEALTH CARE SELECT 2020-03 PURCHASE 2020-10   4,382 3,449     933  
    VANGUARD 2020-03 PURCHASE 2020-10   3,476 3,274     202  
    GLOBAL X U.S. INFRASTRUCTURE 2018-11 PURCHASE 2020-03   1,851 2,375     -524  
    INVESCO AEROSPACE & DEFENCE 2016-09 PURCHASE 2020-03   474 421     53  
    INVESO S&P 500 EQUAL WEIGHT ENERGY 2018-11 PURCHASE 2020-03   1,295 2,776     -1,481  
    ISHARES INCORPERATED MSCI 2017-02 PURCHASE 2020-03   1,148 1,695     -547  
    ISHARES TR CORE S&P500   PURCHASE 2020-03   2,545 2,816     -271  
    ISHARES TR MSCI 2016-09 PURCHASE 2020-03   526 521     5  
    ISHARES TR U.S. FIN   PURCHASE 2020-07   3,474 3,345     129  
    ISHARES TR U.S. CNSM 2016-09 PURCHASE 2020-10   1,222 908     314  
    ISHARES TR CORE MSCI   PURCHASE 2020-10   14,091 14,933     -842  
    SPDR HEALTH CARE SELECT   PURCHASE 2020-10   4,173 3,366     807  
    SPDR CONSUMER DISCRETIONARY 2016-12 PURCHASE 2020-03   1,406 1,160     246  
    VANGUARD INTERMEDIATE-TERM   PURCHASE 2020-10   7,326 6,519     807  
    WISDOMTREE U.S. LARGECAP 2016-09 PURCHASE 2020-03   453 456     -3  
    GOLDMAN SACHS ACTIVE BETA 2016-08 PURCHASE 2020-10   3,918 2,483     1,435  
    INVESO AEROSPACE & DEFENSE 2015-01 PURCHASE 2020-03   1,250 986     264  
    INVESO RUSSELL 1000 DYNAMIC 2019-03 PURCHASE 2020-07   4,284 3,882     402  
    ISHARES TR MSCI 2014-09 PURCHASE 2020-03   1,401 1,606     -205  
    ISHARES TR U.S. CNSM 2014-09 PURCHASE 2020-10   3,208 2,117     1,091  
    ISHARES TR EAFE GRWTH 2016-01 PURCHASE 2020-01   2,204 1,571     633  
    ISHARES TR CORE MSCI 2019-05 PURCHASE 2020-10   2,472 2,429     43  
    SPDR FINANCIAL SELECT SECTOR 2014-09 PURCHASE 2020-03   2,576 2,514     62  
    UNITED PARCEL SERVICE 2019-09 PURCHASE 2020-10   1,669 1,195     474  
    WISDOMTREE U.S. LARGECAP 2014-10 PURCHASE 2020-03   2,187 1,952     235  
    SPDR FINANCIAL SELECT SECTOR 2016-09 PURCHASE 2020-03   670 671     -1  
    AES CORPORATION   PURCHASE     121 106     15  
    BP PLC SPONSORED ADR 2019-09 PURCHASE 2020-08   65 115     -50  
    CEDAR FAIR L P DEPOSITRY   PURCHASE 2020-04   186 566     -380  
    DELTA AIR LINES INCORPORATED   PURCHASE     430 1,087     -657  
    ENBRIGE INCORPORATED   PURCHASE 2020-03   203 226     -23  
    FIDELITY NATIONAL FINANCIAL 2019-04 PURCHASE 2020-02   130 114     16  
    GILEAD SCIENCES INCORPORATED   PURCHASE     2,138 1,759     379  
    GLAXOSMITHKLINE PLC 2020-09 PURCHASE 2020-11   149 152     -3  
    INTEL CORPORATION 2019-09 PURCHASE 2020-03   53 51     2  
    MSC INDL DIRECT INCORPORATED 2019-03 PURCHASE 2020-03   124 164     -40  
    PFIZER INCORPORATED   PURCHASE     829 1,041     -212  
    RPM INTERNATIONAL INCORPORATED 2019-09 PURCHASE 2020-06   73 69     4  
    REGIONS FINANCIAL CORPORATION 2019-04 PURCHASE 2020-03   62 108     -46  
    ROYAL DUTCH SHELL PLC   PURCHASE     466 1,300     -834  
    SENSIENT TECHNOLOGIES   PURCHASE 2020-12   222 128     94  
    SIX FLAGS ENTERTAINMENT   PURCHASE     603 909     -306  
    TJX COMPANIES INCORPORATED 2020-03 PURCHASE 2020-04   287 233     54  
    TC ENERGY CORPORATION 2019-08 PURCHASE 2020-02   57 51     6  
    VENTAS INCORPORATED   PURCHASE     483 824     -341  
    VIATRIS INCORPORATED   PURCHASE     145 136     9  
    WF COMPANY 2019-11 PURCHASE 2020-06   77 162     -85  
    WELLTOWER INCORPORATED   PURCHASE 2020-05   151 357     -206  
    WILLIAMS COMPANIES 2019-04 PURCHASE 2020-02   42 57     -15  
    AMCOR PLC ORD   PURCHASE 2020-03   573 910     -337  
    ATLANTICA SUSTAINABLE INFR   PURCHASE 2020-05   237 219     18  
    INVESCO LIMITED SHS   PURCHASE 2020-04   111 300     -189  
    LYONDELL BASELL INDUSTRIES   PURCHASE     1,073 1,306     -233  
    AT&T INCORPORATED 2016-01 PURCHASE 2020-02   344 319     25  
    ABBVIE INCORPORATED   PURCHASE     1,252 1,082     170  
    ALTRIA GROUP INCORPORATED   PURCHASE     925 1,373     -448  
    AMGEN INCORPORATED   PURCHASE     1,138 843     295  
    BCE INCORPORATED 2016-09 PURCHASE 2020-02   241 227     14  
    BP PLC SPONSORED   PURCHASE     1,649 2,610     -961  
    BLACKROCK MULTI ASSET   PURCHASE     1,144 1,110     34  
    BRISTOL-MYERS SQUIBB 2019-02 PURCHASE 2020-02   128 101     27  
    BRITISH AMERN TOB   PURCHASE     144 148     -4  
    CNA FINL CORPORATION 2016-09 PURCHASE 2020-02   46 33     13  
    CANADIAN IMP BK COMM   PURCHASE 2020-02   243 260     -17  
    CEDAR FAIR L P DEPOSITY 2016-09 PURCHASE     181 471     -290  
    CHEVRON CORPORATION NEW 2016-09 PURCHASE     596 801     -205  
    CINEMARK HLDGS   PURCHASE     904 1,342     -438  
    CISCO SYSTEMS INCORPORATED 2017-12 PURCHASE 2020-02   89 76     13  
    COCA COLA COMPANY   PURCHASE     1,763 1,530     233  
    COMCAST CORPORATION   PURCHASE 2020-02   178 147     31  
    CORNING INCORPORATED 2016-09 PURCHASE 2020-02   81 67     14  
    DODGE & COX 2016-09 PURCHASE     5,704 5,461     243  
    DOMINION ENERGY INCORPORATED   PURCHASE     3,443 3,180     263  
    DUKE ENERGY 2016-09 PURCHASE     1,036 869     167  
    ENTERPRISE PRODUCTS 2018-12 PURCHASE 2020-02   100 104     -4  
    EXTENDED STAY AMER   PURCHASE     538 1,320     -782  
    EXXON MOBIL   PURCHASE     926 1,537     -611  
    FASTENAL COMPANY   PURCHASE     1,932 1,223     709  
    FEDERATED HERMES INSTL 2016-09 PURCHASE     947 943     4  
    GLAXO SMITHKLINE PLC   PURCHASE     2,379 2,620     -241  
    HUNTINGTON BANCSHARES   PURCHASE 2020-02   108 118     -10  
    ILLINOIS TOOL WKS   PURCHASE     1,269 935     334  
    INTEL CORPORATION 2016-09 PURCHASE     696 461     235  
    INTERPUBLIC GROUP 2017-04 PURCHASE     118 125     -7  
    IRON MTN INCORPORATED 2016-09 PURCHASE 2020-02   134 141     -7  
    KAR AUCTION SVCS   PURCHASE 2020-03   258 397     -139  
    KIMBERLY-CLARK CORPORATION   PURCHASE     1,418 1,178     240  
    KINDER MORGAN INCORPORATED 2018-09 PURCHASE 2020-02   196 154     42  
    MSC INDL DIRECT 2018-11 PURCHASE 2020-03   186 265     -79  
    MAGELLAN MIDSTREAM PRTNRS   PURCHASE     494 822     -328  
    MEREDITH CORPORATION   PURCHASE     413 792     -379  
    METROPOLITAN WEST TOTAL RETURN 2016-09 PURCHASE     5,592 5,356     236  
    NATIONAL GRID PLC 2016-09 PURCHASE     508 607     -99  
    OCCIDENTAL PETE CORPORATION   PURCHASE     979 1,690     -711  
    OMNICOM GROUP INCORPORATED   PURCHASE     1,065 1,672     -607  
    PNC FINL SVCS GROUP   PURCHASE     1,005 658     347  
    PPL CORPORATION 2016-09 PURCHASE     727 914     -187  
    PEPSICO INCORPORATED   PURCHASE 2020-02   286 211     75  
    PHILIP MORRIS INTERNATIONAL 2016-09 PURCHASE 2020-02   171 199     -28  
    PGIM HIGH YIELD FUND 2016-09 PURCHASE     1,024 1,004     20  
    QUALCOMM INCORPORATED   PURCHASE     394 313     81  
    RPM INTERNATIONAL INCORPORATED   PURCHASE     367 246     121  
    REALTY INCOME 2016-09 PURCHASE     890 683     207  
    RYMAN HOSPITALITY PPTYS   PURCHASE 2020-04   363 647     -284  
    SABRA-HEALTH CARE REIT   PURCHASE     465 856     -391  
    SOUTHERN COMPANY   PURCHASE     549 379     170  
    TARGET CORPORATION 2016-09 PURCHASE     571 277     294  
    THOMAS REUTERS 2016-09 PURCHASE     1,013 518     495  
    TRUIST FINL CORPORATION 2016-09 PURCHASE     160 113     47  
    US BANCORP DEL COM 2016-09 PURCHASE     160 129     31  
    UNILEVER PLC SPON ADR   PURCHASE 2020-02   174 139     35  
    UNITED PARCEL SERVICE   PURCHASE     3,715 2,545     1,170  
    VALERO ENERGY CORPORATION   PURCHASE     455 664     -209  
    VENTAS INCORPORATED   PURCHASE     1,165 2,762     -1,597  
    VERIZON COMMUNICATIONS   PURCHASE     1,043 925     118  
    VIATRIS INCORPORATED   PURCHASE     86 83     3  
    VODAFONE GROUP PLC 2016-09 PURCHASE 2020-02   97 148     -51  
    WALGREENS BOOTS ALLIANCE 2018-04 PURCHASE 2020-09   35 64     -29  
    WF COMPANY 2016-09 PURCHASE     452 753     -301  
    WELLTOWER INCOPORATED   PURCHASE     808 1,309     -501  
    WESTERN ASSET TOTAL RETURN   PURCHASE     10,951 10,763     188  
    AXIS CAP HLDGS 2018-06 PURCHASE 2020-03   123 116     7  
    INVESCO LIMITED SHS   PURCHASE     197 705     -508  
    LAZARD LIMITED SHS   PURCHASE     273 453     -180  
    LYONDELLBASELL INDUSTRIES   PURCHASE     554 992     -438  

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    CRESWELL CHARITABLE FOUNDATION
    EIN:
    46-4738225
    Name of Stock End of Year Book Value End of Year Fair Market Value
    RAYMOND JAMES ACCOUNT 400,229 465,372

    TY 2020 OtherExpensesSchedule
    Name:
    CRESWELL CHARITABLE FOUNDATION
    EIN:
    46-4738225
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    MAINTENANCE 3,700   3,700  


    TY 2020 OtherIncomeSchedule2
    Name:
    CRESWELL CHARITABLE FOUNDATION
    EIN:
    46-4738225
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    RAYMOND JAMES 562 562 562


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    TY 2020 OtherNotesLoansRcvblLongSch
    Name:
    CRESWELL CHARITABLE FOUNDATION
    EIN:
    46-4738225

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    NR - CHRIS BELL   50,000 20,000 2015-10 2024-10 5000 PER YEAR FOR 10 YEAR 0 % LAND PURCHASE LAND FROM FOUNDATION    

    TY 2020 OtherProfessionalFeesSchedule
    Name:
    CRESWELL CHARITABLE FOUNDATION
    EIN:
    46-4738225
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEE 10,347 5,174   5,174


    TY 2020 TaxesSchedule
    Name:
    CRESWELL CHARITABLE FOUNDATION
    EIN:
    46-4738225
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 1,232 611 621