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 04-01-2020 , and ending 03-31-2021
Name of foundation
THE GARNER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)333 NE 23RD STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MIAMI, FL33137
A Employer identification number

31-1471961
B Telephone number (see instructions)

(305) 576-2122
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$14,534,469J 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 10 10  
4 Dividends and interest from securities... 262,166 262,166  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 367,666
b Gross sales price for all assets on line 6a 3,893,011
7 Capital gain net income (from Part IV, line 2)... 367,666
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 1,656 1,656  
12 Total. Add lines 1 through 11........ 631,498 631,498  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
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 9,725 0   9,725
c Other professional fees (attach schedule).... Click to see attachment 180,765 176,215   4,550
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 12,855 10,648   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 6,404 4,698   1,706
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 209,749 191,561   15,981
25 Contributions, gifts, grants paid....... 661,800 661,800
26 Total expenses and disbursements. Add lines 24 and 25 871,549 191,561   677,781
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -240,051
b Net investment income (if negative, enter -0-) 439,937
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 16,039 14,633 14,633
2 Savings and temporary cash investments......... 585,495 435,883 435,883
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)....... 10,214,458 Click to see attachment10,126,425 14,083,953
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 bullet1,071
Less: accumulated depreciation (attach schedule) bullet1,071      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,815,992 10,576,941 14,534,469
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 6,516,195 6,516,195
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 4,299,797 4,060,746
29 Total net assets or fund balances (see instructions)..... 10,815,992 10,576,941
30 Total liabilities and net assets/fund balances (see instructions). 10,815,992 10,576,941
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
10,815,992
2
Enter amount from Part I, line 27a .....................
2
-240,051
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,000
4
Add lines 1, 2, and 3 ..........................
4
10,576,941
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
10,576,941
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY-TRADED SECURITIES P    
b
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 3,893,011   3,525,345 367,666
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       367,666
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 2 367,666
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 6,115
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 6,115
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 6,115
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 4,360
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 4,360
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,755
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)
    bulletFL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTHE GARNER FOUNDATION INC Telephone no.bullet (305) 576-2122

    Located atbullet333 NE 23RD STREETMIAMIFL ZIP+4bullet33137
    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
     
    No
    .........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). Click to see attachment
    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
    JOHN M GARNER PRESIDENT & DIRECTOR
    10.00     		0 0 0
    311 EAST RIDGE VILLAGE DRIVE
    MIAMI,FL33157
    JAMES W MOORE SECRETARY & DIRECTOR
    10.00     		0 0 0
    5905 NORTH BAY DRIVE
    MIAMI BEACH,FL33140
    KATHRYN ANNE PAULK TREASURER & DIRECTOR
    10.00     		0 0 0
    9906 NE 4TH AVENUE ROAD
    MIAMI SHORES,FL33138
    GERALD W MOORE MANAGING DIRECTOR
    10.00     		0 0 0
    333 NE 23 STREET
    MIAMI,FL33137
    MEG GARNER WRIGHT DIRECTOR
    10.00     		0 0 0
    3501 RIVIERA DRIVE
    CORAL GABLES,FL33134
    JANICE G TOPPING DIRECTOR
    10.00     		0 0 0
    958 SE WILLOUGHBY TRACE
    STUART,FL34997
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    12,326,426
    b
    Average of monthly cash balances.......................
    1b
    347,522
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,673,948
    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
    12,673,948
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    190,109
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    12,483,839
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    624,192
    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
    624,192
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    6,115
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,115
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    618,077
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    1,000
    5
    Add lines 3 and 4............................
    5
    619,077
    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
    619,077
    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
    677,781
    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
    677,781
    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
    677,781
    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 7 619,077
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 103,343
    b From 2016...... 121,520
    c From 2017...... 58,082
    d From 2018...... 117,308
    e From 2019...... 86,992
    fTotal of lines 3a through e........ 487,245
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 677,781
    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..... 619,077
    e Remaining amount distributed out of corpus 58,704
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 545,949
    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) ...     		103,343
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		442,606
    10 Analysis of line 9:
    a Excess from 2016.... 121,520
    b Excess from 2017.... 58,082
    c Excess from 2018.... 117,308
    d Excess from 2019.... 86,992
    e Excess from 2020.... 58,704
    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:
    JOHN M GARNER JAMES W MOORE OR GERA
    333 NE 23RD STREET
    MIAMI,FL33137
    (305) 576-2122
    bThe form in which applications should be submitted and information and materials they should include:
    IN THE FORM OF A LETTER AND IT SHOULD INCLUDE THE ORGANIZATION'S MAIN PURPOSE.
    cAny submission deadlines:
    LETTERS SHOULD BE SUBMITTED BY THE END OF THE FOUNDATION'S FISCAL YEAR (03/31)
    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
    AIM HIGHER INC
    4700 BISCAYNE BLVD
    MIAMI,FL33137     		N/A PC CULTURAL 2,500
    ANIMAL WELFARE SOCIETY OF SOUTH FLORIDA
    250 WILLIAMS STREET NW
    MIAMI,FL33133     		N/A PC WELFARE 6,000
    BARRY UNIVERSITY
    11300 NORTHEAST 2ND AVENUE
    MIAMI SHORES,FL33161     		N/A PC EDUCATION 65,000
    BAY OAKS HOME FOR THE AGED INC
    435 NORTHEAST 34 STREET
    MIAMI,FL33137     		N/A PC HEALTH CARE 75,000
    BROWARD COLLEGE FOUNDATION INC
    111 EAST LAS OLAS BLVD 11TH FLOOR
    FORT LAUDERDALE,FL33301     		N/A PC MARGARET T. TAIT ENDOWED TEACHING SCHOLARSHIP 5,000
    CARE ELEMENTARY SCHOOL
    2025 NW 1ST AVE
    MIAMI,FL33127     		N/A PC EDUCATION 2,500
    CHAPMAN PARTNERSHIP
    1550 N MIAMI AVE
    MIAMI,FL33136     		N/A PC WELFARE 2,500
    DARLINGTON SCHOOL
    1014 CAVE SPRINGS ROAD
    ROME,GA30161     		N/A PC EDUCATION 15,000
    DIASPORA VIBE CULTURAL ARTS INCUBATOR INC
    600 NE 36 ST
    MIAMI,FL33137     		N/A PC GENERAL SUPPORT 4,300
    DOLPHIN RESEARCH CENTER INC
    58901 OVERSEAS HWY
    GRASSY KEY,FL33050     		N/A PC GENERAL SUPPORT 3,000
    EAST RIDGE AT CUTLER BAY FOUNDATION
    19301 SW 87TH AVE
    CUTLER BAY,FL33157     		N/A PC WELFARE 32,000
    EPILEPSY FOUNDATION
    3910 HARLAND STREET
    CORAL GABLES,FL33124     		N/A PC MEDICAL RESEARCH 2,500
    FIRST SERVE MIAMI
    6501 NW 36TH ST SUITE 300
    MIAMI,FL33166     		N/A PC MOORE PARK 30,000
    FIRST UNITED METHODIST CHURCH OF CG
    536 CORAL WAY
    CORAL GABLES,FL33134     		N/A PC RELIGIOUS 5,000
    FORMAN SCHOOL
    12 NORFOLK RD
    LITCHFIELD,CT06759     		N/A PC EDUCATION 1,000
    HAITAN EDUCATION & LEADERSHIP PROGRAM
    64 FULTON ST RM 1102
    NEW YORK,NY10038     		N/A PC GENERAL SUPPORT 32,500
    HERALD CHARITIES INC
    3511 NW 91ST AVE
    DORAL,FL33172     		N/A PC GENERAL SUPPORT 1,500
    HIGHLANDS CASHIERS HOSPITAL
    190 HOSPITAL DR
    HIGHLANDS,NC28741     		N/A PC WELFARE 1,000
    HIGHLANDS CASHIERS LAND TRUST
    190 HOSPITAL DR
    HIGHLANDS,NC28741     		N/A PC GENERAL SUPPORT 1,000
    INFORMED FAMILIES
    2490 CORAL WAY
    MIAMI,FL33145     		N/A PC COMMUNITY DEVELOPMENT 3,500
    JHANAES SUNFLOWER FOUNDATION
    3500 NASSAU DR
    MIRAMAR,FL33023     		N/A PC GENERAL SUPPORT 1,000
    LITERARY COUNCIL OF HIGHLANDS
    PO BOX 791
    CASHIERS,NC28717     		N/A PC EDUCATION 1,000
    MADEIRA SCHOOL
    8328 GEORGETOWN PIKE
    MCLEAN,VA22102     		N/A PC EDUCATION 1,000
    MARIAN CENTER
    15701 N W 37TH AVENUE
    OPA LOCKA,FL33054     		N/A PC EDUCATION 5,000
    MARIAN CENTER AUXILIARY
    15701 N W 37TH AVENUE
    OPA LOCKA,FL33054     		N/A PC GENERAL SUPPORT 5,000
    MAYO FOUNDATION
    200 FIRST ST SW
    ROCHESTRE,MN55905     		N/A PC HEALTH CARE 10,000
    MCCLEAN FLETCHER CENTER
    12 NORTHTOWN DRIVE
    JACKSON,MS39211     		N/A PC WELFARE 1,500
    MIAMI CHILDREN'S MUSEUM
    980 MACARTHUR CAUSEWAY
    MIAMI,FL33132     		N/A PC COMMUNITY DEVELOPMENT 7,500
    MIAMI COUNTRY DAY SCHOOL
    60L NE 107 STREET
    MIAMI SHORES,FL33168     		N/A PC EDUCATION 202,500
    MIAMI VINEYARD COMMUNITY CHURCH
    14301 SOUTHWEST 119TH AVENUE
    MIAMI,FL33186     		N/A PC RELIGIOUS 3,500
    MIRACLE LEAGUE OF MIAMI DADE CTY
    PO BOX 562646
    MIAMI,FL33256     		N/A PC COMMUNITY DEVELOPMENT 2,500
    MOUNT SINAI MEDICAL CENTER FOUNDATION
    4300 ALTON RD
    MIAMI BEACH,FL33140     		N/A PC HEALTH CARE 20,000
    NICKLAUS CHILDREN'S HOSPITAL FDTN
    3100 SW 62 AVE
    MIAMI,FL33155     		N/A PC HEALTH CARE 2,500
    NORTH SHORENOR ISLE OPTIMIST CLUB
    5121 NORTH 36TH COURT
    HOLLYWOOD,FL33021     		N/A PC COMMUNITY DEVELOPMENT 15,000
    OPTIMIST INTERNATIONAL FOUNDATION
    4494 LINDELL BLVD
    SAINT LOUIS,MO63108     		N/A PC GENERAL SUPPORT 7,500
    PALM BEACH ATLANTIC UNIVERSITY
    901 S FLAGLER DR
    WEST PALM BREACH,FL33401     		N/A PC GENERAL SUPPORT 5,000
    PEGGY CROSBY CENTER
    348 S 5TH ST
    HIGHLANDS,NC28741     		N/A PC COMMUNITY DEVELOPMENT 1,000
    PERSON COUNTY MUSEUM OF HISTORY INC
    PO BOX 1792
    ROXBORO,NC27573     		N/A PC GENERAL SUPPORT 1,000
    SEED SCHOOL OF MIAMI
    1901 NW 127 ST
    MIAMI,FL33167     		N/A PC GENERAL SUPPORT 5,000
    ST MARY'S UNIVERSITY LAW SCHOOL
    ONE CAMINO SANTA MARIA
    SAN ANTONIO,TX78228     		N/A PC EDUCATION 2,500
    THE CHILD DEVELOPMENT CENTER
    3950 VICTORY LANE
    WINTERVILLE,NC28590     		N/A PC GENERAL SUPPORT 1,500
    THORNWELL
    302 S BROAD ST
    CLINTON,SC29325     		N/A PC GENERAL SUPPORT 1,000
    TRANSITION INC
    1550 NW 3 AVENUE BLDG C
    MIAMI,FL33136     		N/A PC GENERAL SUPPORT 2,500
    UNIVERSITY OF COLORADO FOUNDATION
    1800 GRANT ST
    DENVER,CO80203     		N/A PC EDUCATION 10,000
    UNIVERSITY OF GEORGIA
    394 SOUTH MILLEDGE AVENUE SUITE 100
    ATHENS,GA30602     		N/A PC EDUCATION 10,000
    UNIVERSITY OF MIAMI ATHLETICS
    PO BOX 248106
    CORAL GABLES,FL33124     		N/A PC ATHLETICS 10,000
    VERANDOUG CORP
    413 N HORSE PRAIRIE ROAD
    INVERNESS,FL34450     		N/A PF COMPUTER EQUIPMENT FOR MINISTRY WORK 3,500
    WESTMINSTER CHRISTIAN SCHOOL
    6855 SW 152ND STREET
    MIAMI,FL33157     		N/A PC EDUCATION 20,000
    WOLFSONIAN-FLORIDA INTERNATIONAL UNIVERSITY
    1001 WASHINGTON AVE
    MIAMI BEACH,FL33139     		N/A PC GENERAL SUPPORT 7,500
    WOMAN'S CANCER ASSOCIATION - HEIDI HEWES CHAPTER
    1350 W FLAGLER ST
    MIAMI,FL33135     		N/A PC GENERAL SUPPORT 1,000
    WOODY FOUNDATION
    12500 VIRTUDES STREET
    CORAL GABLES,FL33156     		N/A PC ANNUAL WOODY GOLF CLASSIC 2,500
    WPBT2
    PO BOX 610002
    MIAMI,FL33261     		N/A PC EDUCATION 1,500
    Total .................................bullet 3a 661,800
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 10  
    4 Dividends and interest from securities....     14 262,166  
    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 1,656  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 367,666  
    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).. 0 631,498 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    631,498
    (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:
    THE GARNER FOUNDATION
    EIN:
    31-1471961
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX RETURN PREPARATION 9,725 0   9,725

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

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    THE GARNER FOUNDATION
    EIN:
    31-1471961
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    VERANDOUG CORP
          		413 N HORSE PRAIRIE RD
    INVERNESS,FL34450     		2020-06-08 3,500 THE GRANT OF $3,500 WAS PROVIDED FOR THE PURPOSE OF PURCHASING COMPUTER EQUIPMENT FOR THE MINISTRY WORK THAT VERANDOUG DOES ONLINE. 3,500 NONE 7/30/2020 2020-07-30 UPON VERIFICATION OF THE RECEIPTS FOR THE GRANT EXPENDITURES, IT WAS DETERMINED THAT GRANT WAS NOT USED FOR ANY OTHER PURPOSE BUT FOR THE PURCHASE OF COMPUTER EQUIPMENT.
    VERANDOUG CORP
          		413 N HORSE PRAIRIE RD
    INVERNESS,FL34450     		2019-11-21 3,000 THE GRANT OF $3,000 WAS PROVIDED FOR THE PURPOSE OF PURCHASING COMPUTER EQUIPMENT FOR THE MINISTRY WORK THAT VERANDOUG DOES ONLINE. 3,000 NONE 7/30/2020 2020-07-30 UPON VERIFICATION OF THE RECEIPTS FOR THE GRANT EXPENDITURES, IT WAS DETERMINED THAT GRANT WAS NOT USED FOR ANY OTHER PURPOSE BUT FOR THE PURCHASE OF COMPUTER EQUIPMENT.

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE GARNER FOUNDATION
    EIN:
    31-1471961
    Name of Stock End of Year Book Value End of Year Fair Market Value
    A.P. MOELLER - MAERSK 22,987 24,616
    ABBOTT LABS 3,467 8,112
    ABBVIE INC SHS 44,195 57,573
    ABM INDUSTRIES INC 1,473 2,142
    ACCENTURE PLC SHS 95,862 170,446
    ADOBE INC SHS 24,584 48,488
    ADVANCE AUTO PARTS INC 19,038 22,019
    AGIOS PHARMACEUTICALS 1,158 1,549
    AGL ENERGY LTD 16,615 9,797
    AIR PRODUCTS&CHEM 22,253 36,574
    AKAMAI TECHNOLOGIES INC 16,476 22,418
    AKZO NOBEL N V 32,448 34,604
    ALCON SA ACT NOM 14,718 18,598
    ALEXANDRIA REAL EST EQTS REIT 7,048 9,037
    ALIBABA GROUP HOLDING LT 94,225 117,446
    ALLEGIANT TRAVEL CO 1,423 1,708
    ALLIANZ SE SPD ADR 35,552 43,000
    ALPHABET INC SHS CL A 30,942 57,751
    ALPHABET INC SHS CL C 30,355 57,922
    ALTRIA GROUP INC 21,090 21,129
    AMAZON COM INC COM 141,000 259,903
    AMER EAGLE OUTFITTERS 1,624 3,158
    AMER EXPRESS COMPANY 69,481 95,613
    AMERESCO CLASS A 1,240 1,751
    AMERICAN ASSETS TR INC COM 1,298 908
    AMERICAN EQUITY INVT LIFE HLDG CO 812 1,072
    AMERISOURCEBERGEN CORP 18,527 24,322
    AMGEN INC COM 41,675 49,762
    AMICUS THERAPEUTICS INC 2,150 1,393
    ANALOG DEVICES INC COM 34,840 56,449
    ANDRITZ AG SHS 14,570 14,942
    ANGLO AMERICAN PLC SHS 14,002 21,498
    ANHEUSER-BUSCH INBEV ADR 26,904 17,787
    ANTHEM INC 34,687 43,074
    AON PLC 47,533 74,095
    APPLE INC 84,311 201,914
    APPLIED INDUSTRL TECH 1,209 2,006
    APTIV PLC SHS 14,010 24,270
    ARMADA HOFFLER PPTYS INC COM 978 790
    ASGN INC 1,535 2,291
    ASML HLDG NV NY REG SHS 58,835 71,614
    AT HOME GROUP INC 817 947
    AT&T INC 49,147 45,375
    ATLAS COPCO A ADR NEW 7,909 16,686
    ATLASSIAN CORP PLC 19,791 19,601
    ATN INTERNATIONAL INC SHS 1,173 835
    ATRICURE INC 1,086 1,245
    AUTODESK INC DEL PV $0.01 39,512 80,651
    AUTOMATIC DATA PROC 15,933 21,674
    AVALONBAY CMMUN INC REIT 15,956 13,469
    AVIVA PLC SHS 25,665 39,595
    BAE SYS PLC SPN ADR 32,812 35,262
    BALCHEM CORP COM 1,333 1,881
    BANDWIDTH INC LC A 453 760
    BARNES GROUP INC DE $.01 1,065 941
    BAXTER INTERNTL INC 46,612 50,098
    BECTON DICKINSON CO 28,341 28,935
    BEST BUY CO INC 23,170 27,325
    BHP GROUP LTD 30,779 42,536
    BIOMARIN PHARMACEUTICALS 17,719 14,271
    BJS WHSL CLUB HLDGS INC 1,413 1,974
    BLACK HILLS CORP CURRENT YIELD 3.34% 1,637 1,335
    BLACKLINE INC 613 759
    BLACKROCK INC 68,271 96,507
    BLUEPRINT MEDICINES CORP 1,910 2,139
    BNP PARIBAS SPONSORD ADR 27,629 48,716
    BOC HONG KONG HLDGS ADR 32,223 31,453
    BOEING COMPANY 43,735 72,340
    BOISE CASCADE CO DEL 1,805 3,650
    BOSTON PPTYS INC REIT 9,625 7,898
    BOSTON SCIENTIFIC CORP 26,719 33,432
    BOX INC CL A 404 666
    BRENNTAG SE 15,793 24,593
    BRIGHTVIEW HLDGS INC 904 1,080
    BRINKER INTL INC 709 924
    BRISTOL-MYERS SQUIBB CO 41,979 53,408
    BROOKS AUTOMATION INC 939 2,694
    BRYN MAWR BK CORP 791 910
    BUNZL PLC ADR 22,250 22,953
    CAPITAL ONE FINL 17,501 23,156
    CARLSBERG AS SPONSOREDAD 25,690 25,838
    CASELLA WASTE SYS INC A 539 1,144
    CENTERSTATE BANK CORP 22,854 27,674
    CERNER CORP COM CURRENT YIELD 1.14% 22,854 27,674
    CHECK POINT SOFTWRE TECH 18,916 19,707
    CHEMOCENTRYX INC 1,801 1,691
    CHEVRON CORP CURRENT YIELD 7.12% 84,116 84,461
    CHUBB LTD 118,142 138,382
    CHUYS HLDGS INC 588 1,197
    CIE GENERALE DES 30,150 34,615
    CIGNA CORP REG SHS 59,331 83,159
    CINEMARK HLDGS INC 626 816
    CISCO SYSTEMS INC COM 72,575 109,780
    CITIGROUP INC COM NEW 101,196 130,659
    CITY HOLDING CO CHARLSTN 1,148 1,308
    CME GROUP INC 74,579 89,044
    CMS ENERGY CORP 16,066 21,611
    COCA COLA COM 19,648 21,506
    COEUR MINING INC 561 1,002
    COLGATE PALMOLIVE 76,654 88,920
    COLUMBUS MCKINNON CP N.Y 1,266 1,952
    COMCAST CORP NEW CL A 152,188 253,776
    COMMONWEALTH BK AUS-SP 16,996 16,923
    CONMED CORP COM 1,170 2,351
    CONOCOPHILLIPS 85,883 83,110
    COUSINS PROPS INC REIT 775 778
    CRDT AGRICOLE SA SHS ADR CURRENT YIELD 7.69% 26,329 27,799
    CRYOLIFE INC 1,489 1,242
    CSL LTD SHS ADR 24,444 29,768
    CVS HEALTH CORP 23,210 24,375
    CYRUSONE INC 35,849 40,971
    DAIMLER AG ADR 22,246 28,432
    DAITO TR CONSTRUCTION CO 28,149 32,590
    DAIWA HOUSE IND LTD ADR 32,301 31,371
    DANA INC 1,035 1,776
    DANAHER CORP DEL 15,289 33,987
    DBS GROUP HLDGS SPN ADR CURRENT YIELD 8.03% 53,236 63,785
    DEERE CO 51,565 124,589
    DEUTSCHE POST AG SHS SP ADR CURRENT YIELD 2.75% 39,851 59,216
    DIAGEO PLC SPSD ADR NEW CURRENT YIELD 2.75% 23,969 27,916
    DIAMONDROCK HOSPITALITY CO 552 649
    DICKS SPORTING GOODS INC 977 1,447
    DISNEY (WALT) CO COM STK 54,894 88,201
    DOMINION ENERGY INC 33,361 32,739
    DOVER CORP 32,465 53,344
    DUKE ENERGY CORP NEW 54,493 65,158
    DUKE REALTY CORP 25,044 27,171
    EARTHSTONE ENERGY INC 379 343
    EASTGROUP PROPERTIES INC REIT 1,317 2,006
    EATON CORP PLC 62,148 111,869
    ECOLAB INC 17,805 25,902
    ELI LILLY & CO 17,012 28,770
    ENTAIN PLC 0 27,633
    ENTERGY CORP NEW 14,329 12,235
    ENTERPRISE FINL SVCS CRP 315 494
    EOG RESOURCES INC 24,710 32,856
    EQUINIX INC 14,173 24,465
    ESCO TECHNOLOGIES INC 919 1,524
    ESSENT GROUP LTD 1,684 2,185
    EVOLUTION GAMING GROUP ADR 18,355 33,002
    EXLSERVICE HLDGS INC 1,706 2,795
    EXPEDITORS INTL WASH INC 27,368 41,676
    FACEBOOK INC CLASS A COMMON STOCK 120,029 199,691
    FACTSET RESH SYS INC 16,156 25,304
    FEDERAL SIGNAL CORP 1,396 2,260
    FERRO CORP 752 1,281
    FIDELITY NATL INFO SVCS INC 125,829 160,295
    FIRST BANCORP N C COM 1,029 1,523
    FIRST FINANCIAL BANCORP SHS 1,964 1,800
    FIRST FNDTN INC SHS 307 469
    FIRST INTST BANCSYSTEM INC COM CL A 1,497 1,750
    FISERV INC WISC PV 1CT 28,217 45,354
    FUJITSU LTD NEW ADR 31,842 41,874
    GALLAGHER ARTHUR J & CO 11,136 19,963
    GENL DYNAMICS CORP COM 38,577 36,675
    GENMAB A/S SHS 14,022 22,029
    GENMARK DIAGNOSTICS INC 969 1,673
    GLAXOSMITHKLINE PLC ADR 28,682 24,840
    GLOBALSTAR INCCOM SER A RESTRICTED 123 0
    GOLDMAN SACHS GROUP INC 31,730 43,164
    GREAT WESTN BANCORP INC 1,548 1,363
    HALOZYME THERAPEUTICS 1,419 2,126
    HAMILTON LANE INC REG SH CA 727 1,594
    HANG SENG BK LTD SPN ADR 9,129 7,333
    HANNOVER RUECKVERS ADR 38,962 50,263
    HARTFORD FINL SVCS GROUP 20,329 26,716
    HASBRO INC 20,338 21,146
    HELEN OF TROY LTD 970 1,053
    HIBBETT SPORTS INC 610 896
    HOME DEPOT INC 24,785 84,554
    HONDA MOTOR ADR NEW 44,390 51,974
    HONEYWELL INTL INC DEL 83,122 123,947
    HOYA CORP 18,795 33,929
    HUB GROUP INC CL A 1,191 1,817
    HUSQVARNA AB CL B ADR 16,705 20,523
    ICHOR HOLDINGS LTD REG SHS 651 753
    ICON PLC 8,479 11,782
    IHS MARKIT LTD SHS 14,711 28,163
    II-VI INC 1,189 2,393
    ILLINOIS TOOL WORKS INC 39,531 61,583
    ILLUMINA INC COM 25,466 37,254
    INDEPENDENT BK CORP MASS 1,562 1,768
    INDEPENDENT BK GROUP INC 1,142 1,589
    INTEL CORP 44,205 46,720
    INTERCEPT PHARMACEUTICAL INC 1,418 462
    INTL BUSINESS MACHINES CORP IBM 50,477 52,075
    INTL FLAVORS&FRAGRNC 50,477 52,075
    INTUITIVE SURGICAL INC 14,409 20,690
    ITOCHU CORP ADR 21,274 32,205
    J & J SNACK FOODS CRP 1,452 1,570
    JACK IN THE BOX INC 1,570 1,976
    JD SPORTS FASHION PLC 17,836 22,944
    JOHNSON AND JOHNSON 89,348 225,324
    JPMORGAN CHASE & CO 130,482 178,870
    J2 GLOBAL INC 1,804 2,877
    KADANT INC 1,298 2,775
    KAISER ALUM CORP 1,815 2,210
    KB FINL GROUP INC SPN AD 32,570 47,749
    KB HOME 1,294 2,420
    KBR INC 943 1,766
    KEMPER CORP DEL 537 558
    KESKO CORP SHS CL B 18,153 21,228
    KIMBERLY CLARK 33,288 41,298
    KITE REALTY GROUP TR SHS 1,353 1,736
    KONINKLIJKE AHOLD DELHAIZE NV SP ADR 29,117 31,343
    L OREAL CO ADR 19,676 26,134
    LA-Z-BOY INC MICHIGAN 787 935
    LAKELAND FINCL CORP INC 173 277
    LEXINGTON REALTY TRUST REIT 1,165 1,233
    LIGAND PHARMACEUTICALS INC SHS CL B 2,036 2,592
    LINDE PLC REG SHS 37,637 63,032
    LOCKHEED MARTIN CORP 69,208 79,812
    LOGITECH INTERNATIONAL 35,028 37,202
    LOWE'S COMPANIES INC 62,647 121,905
    LVMH MOET HENNESY ADR 38,803 41,223
    MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC 226 696
    MAGNA BOATS INC SHS 10,755 20,425
    MALIBU BOATS INC SHS CL A 1,256 2,550
    MARSH & MCLENNAN COS INC 67,115 90,254
    MASTEC INC FLA 1,510 2,811
    MAXLINEAR INC CL A 950 1,704
    MCDONALDS CORP COM 69,347 95,484
    MCKESSON CORPORATION COM 27,901 38,423
    MEDTRONIC PLC SHS 117,036 38,423
    MERCK AND CO INC SHS 104,970 106,153
    MERIT MEDICAL SYS INC 1,590 2,275
    METLIFE INC COM 18,692 24,802
    MICROSOFT CORP 46,784 309,802
    MIMECAST LTD SHS 782 844
    MINERALS TECHNOLOGIES 1,901 2,486
    MITSUBISHI ELEC ADR 34,990 34,294
    MITSUI CHEMICALS INC-UNS 15,293 18,753
    MMC NORILSK NICKEL PJSC 16,644 17,679
    MONDELEZ INTERNATIONAL INC 52,517 74,977
    MONSTER BEVERAGE SHS 47,963 81,890
    MORGAN STANLEY 60,352 83,640
    MOTOROLA SOLUTIONS INC 44,719 58,484
    MYR GROUP INC DEL 1,276 2,938
    NASDAQ OMX GRP INC 29,556 48,957
    NATERA INC SHS 647 3,351
    NATIONAL STORAGE 654 839
    NEENAH INC 1,819 1,336
    NESTE OYJ 25,567 40,557
    NESTLES A REP RG SH ADR 95,382 123,330
    NETGEAR INC 922 1,151
    NEXSTAR MEDIA GROUP INC GROUP INC CL A 667 1,123
    NEXT GROUP PLC-UNSPON 14,425 27,457
    NEXTERA ENERGY INC SHS 55,365 104,871
    NINTENDO LTD ADR 34,718 51,613
    NIPPON TELG&TEL SPDN ADR 23,244 28,268
    NISSAN CHEMICAL 18,304 18,505
    NMI HOLDINGS INV SHS CL A 905 1,300
    NN GROUP NV 26,737 33,404
    NOMAD FOODS LTD SHS 15,315 16,339
    NOMURA RESH INST LTD ADR 13,715 14,306
    NORFOLK SOUTHERN CORP 28,591 44,843
    NORTHN TRUST CORP 13,160 13,349
    NORTHROP GRUMMAN CORP 92,422 94,179
    NORTHWESTERN CORP 2,173 2,347
    NOVARTIS ADR 101,539 111,637
    NOVO NORDISK A S ADR 11,604 16,248
    NUTANIX INC 7,267 7,596
    NUVASIVE INC 1,686 2,098
    NVIDIA 34,738 119,066
    NXP SEMICONDUCTORS N.V. 41,096 63,019
    OLD NATL BANCORP IND 1,696 1,934
    OMNICELL INC 1,117 1,558
    OMV AG ADR 32,484 30,921
    ONO PHARMACEUTICAL CO 18,218 16,099
    ORACLE CORP $0.01 DEL 43,731 66,311
    ORIX CORPORATION SP ADR 29,218 37,223
    OTSUKA HOLDINGS CO LTD 13,578 14,875
    PACIFIC PREMIER BANCORP 1,041 1,998
    PACKAGING CORP AMERICA 24,708 31,737
    PALO ALTO NETWORKS INC COM 20,569 31,562
    PARKER HANNIFIN CORP 21,846 41,321
    PATTERSON UTI ENERGY INC 928 513
    PDC ENERGY INC CORP 582 1,651
    PEBBLEBROOK HOTEL TRUST 1,342 1,093
    PEPSICO INC 79,349 103,400
    PERSIMMON PLC-UNSPON 23,747 33,259
    PETRLEO BRAS VTG SPD ADR 16,621 8,989
    PFIZER INC 14,537 14,818
    PHILIP MORRIS INTL INC 90,474 102,406
    PHILLIPS 66 SHS 52,028 38,242
    PHYSICIANS RLTY TR 1,624 1,749
    PIONEER NATURAL RES CO 8,730 16,994
    PLANTRONICS INC NEW COM 303 389
    PNC FINCL SERVICES GROUP 81,484 109,982
    PPG INDUSTRIES INC SHS 64,642 89,855
    PRESTIGE CONSUMER HEALTHCARE INC 1,433 2,028
    PRICE T ROWE GROUP INC 17,549 26,426
    PRIMERICA INC COM 521 739
    PROCTER & GAMBLE CO 17,026 23,700
    PROGRESSIVE CRP OHIO 46,484 52,872
    PROLOGIS INC 9,721 11,236
    PTC THERAPEUTICS 1,742 1,563
    PUB SVC ENTERPRISE GRP 13,079 15,173
    QUAKER CHEMICAL CORP 1,335 1,706
    QUALCOMM INC 35,045 78,493
    Q2 HOLDINGS INC SHS 1,173 2,204
    RANDSTAD NV 12,365 16,410
    RAPID7 ORD 1,468 2,611
    RAYTHEON TECHNOLOGIES 61,323 68,848
    REALTY INCM CRP MD PV$1. REIT 3,996 4,191
    RED ELECTRICA CORP UNSPN ADR 29,821 23,906
    REGENERON PHARMACTCLS 26,771 43,056
    RELX PLC 34,319 38,520
    RENESAS ELECTRONICS CORP 18,919 21,109
    REPUBLIC SERVICES INC 16,245 22,354
    RIO TINTO PLC SPNSRD ADR 38,475 51,870
    ROCHE HLDG LTD SPN ADR 119,599 141,554
    RLI CORP ILLINOIS CCM 801 1,116
    ROYAL DUTCH SHELL PLC SPONS ADR A 60,279 40,033
    RPT RLTY SH BEN INT 1,067 993
    SALESFORCE COM INC 83,900 109,749
    SANDVIK AB ADR 39,864 65,073
    SANOFI ADR 34,950 35,957
    SCHLUMBERGER LTD 39,114 16,613
    SCHWAB CHARLES CORP NEW 65,389 89,036
    SEA LTD 13,902 13,617
    SEAGATE TECH PLC SHS 6,403 6,524
    SEI INVT CO PA PV $0.01 27,984 26,870
    SELECTIVE INS GRP INC 1,441 1,814
    SEMTECH CORPORATION 1,210 1,656
    SHIN-ETSU CHEM-UNSPON 10,562 19,339
    SHIONOGI AND CO LTD SHS 39,089 35,214
    SHOCKWAVE MEDICAL INC 771 2,084
    SIEMENS AG ADR 36,175 40,078
    SILICON LABS INC 1,063 1,693
    SINGAPORE EXCHANGE LTD SHS 18,756 18,988
    SONIC AUTOMOTIVE INC A 836 991
    SONIC HEALTHCARE LTD SI-S 17,899 18,601
    SONOVA HOLD AG UNSPOND ADR 27,299 27,711
    SONY CORP ADR NEW 36,447 82,264
    SOUTH JERSEY IND 2,790 2,032
    SOUTH STATE CORP 1,935 2,041
    SOUTHERN COMPANY 68,969 75,276
    SPECTRUM PHARMACEUTICALS 1,301 463
    SPIRE INC 2,488 2,438
    SPLUNK INC COMMON SHARES 25,350 26,283
    SPROUT SOCIAL INC REG 926 693
    STANLEY BLACK & DECKER INC 55,546 75,475
    STARBUCKS CORP 32,760 57,257
    STEVEN MADDEN LTD SHS 2,432 3,242
    STIFEL FINANCIAL CORP 1,494 2,947
    SUMMIT MATLS INC 575 841
    SUN LIFE FINANCIAL INC 25,482 28,763
    SUPERNUS PHARMACEUTICALS INC 1,666 1,466
    SYSCO CORPORATION 31,044 38,661
    TABULA RASA HEALTHCARE INC SHS 1,793 1,704
    TAISEI CORP ADR 17,459 17,850
    TAKEDA PHARMACEUTICAL CO LTD SPON ADR 13,681 14,170
    TAYLOR MORRISON HOME CORP CL A 1,403 2,126
    TDK CORP AMERN DEP SHR 18,598 16,672
    TELENET GROUP HLDG NV 18,115 15,850
    TETRA TECH INC NEW 1,261 2,714
    TEXAS INSTRUMENTS 112,659 224,142
    TEXAS ROADHOUSE INC-CL A 1,423 2,590
    THE CHILDREN'S PLACE INC 559 767
    THERMO FISHER SCIENTIFIC INC 58,408 90,820
    TJX COS INC NEW 71,194 76,866
    TOKYO ELECTRON LTD SHS 35,549 68,609
    TOTAL S.A. SP ADR 13,553 14,986
    TOYO SUISAN KAISHA ADR 17,454 14,648
    TRACTOR SUPPLY CO 19,496 21,073
    TRANE TECHNOLOGIES PLC 53,405 12,235
    TRANSMEDICS GROUP INC REG SHS 454 1,037
    TRAVERE THERAPEUTICS INC 1,550 1,923
    TRUIST FINL CORP 24,963 30,501
    UBER TECHNOLOGIES INC 24,790 33,905
    ULTA BEAUTY INC 21,715 31,535
    ULTRAGENYX PHARMACEUTICAL INC SHS 1,177 2,847
    UMPQUA HLDGS CORP ORE 1,351 1,334
    UNILEVER PLC NEW ADR 51,519 52,369
    UNION PACIFIC CORP 77,391 120,785
    UNITED COMMUNITY BANKS INC 1,465 1,979
    UNITED PARCEL SVC CL B 35,172 49,467
    UNITED TECHS CORP COM 108,576 174,501
    UNTD OVERSEAS BK SPN AOR 20,462 19,845
    UPWORK INC 916 761
    US BANCORP 67,551 74,779
    US ECOLOGY INC 1,824 1,249
    VF CORPORATION 17,697 17,822
    VALERO ENERGY CORP NEW 12,969 10,096
    VALLEY NATL BANCORP N J 1,514 1,979
    VANDA PHARMACEUTICALS IN 1,859 1,157
    VARONIS SYSTEMS INC SHS 811 1,232
    VENTAS INC REIT 12,615 10,135
    VERIZON COMMUNICATNS COM 29,106 31,983
    VISA INC CL A SHRS 100,595 162,397
    VIVE NDI SHS UNSP ADR 42,866 48,352
    VMWARE INC 21,516 23,169
    VORNADO REALTY TRUST COM REIT 4,391 3,041
    W W GRAINGER INCORP 21,120 29,268
    WALMART INC 23,792 32,056
    WEC ENERGY GROUP INC SHS 28,244 42,771
    WENDYS CO COM 1,254 1,398
    WERNER ENTERPRISES INC 1,268 1,557
    WESBANCO INC 1,404 1,551
    WESCO INTERNTATIONAL INC 1,169 1,904
    WH GROUP LTD SHS ADR 19,151 18,224
    WILLSCOT MOBILE MINI HLDGS CORP 1,176 2,054
    WILMAR INTL LTD SHS 14,405 19,097
    WNS HOLDINGS LTD SPN ADR 1,536 2,391
    WOLTERS KLUWR NV SPN ADR 36,888 41,862
    WORKDAY INC CL A 33,829 47,202
    WORTHINGTON INDSTRS OHIO 1,423 2,415
    WSFS FINANCIAL CORP 1,476 2,041
    XCEL ENERGY INC 21,392 28,666
    YELP INC CL A 1,379 1,677
    YUM BRANDS INC 17,721 22,718
    YUM CHINA HOLDINGS INC SHS 11,003 17,941
    ZOETIS INC 21,538 41,102
    ZOZO, INC. SHS 14,340 20,181
    3I GROUP PLC SHS 36,289 45,416
    PLUG 7,230 238,989

    TY 2020 OtherExpensesSchedule
    Name:
    THE GARNER FOUNDATION
    EIN:
    31-1471961
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 1,645 0   1,645
    BANK & INVESTMENT FEES 4,698 4,698   0
    STATE FILING FEE 61 0   61


    TY 2020 OtherIncomeSchedule2
    Name:
    THE GARNER FOUNDATION
    EIN:
    31-1471961
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INVESTMENT INCOME 1,656 1,656 1,656


    TY 2020 OtherIncreasesSchedule
    Name:
    THE GARNER FOUNDATION
    EIN:
    31-1471961
    Description Amount
    RETURNED GRANT 1,000


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE GARNER FOUNDATION
    EIN:
    31-1471961
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 171,665 171,665   0
    OTHER CONSULTING 9,100 4,550   4,550


    TY 2020 TaxesSchedule
    Name:
    THE GARNER FOUNDATION
    EIN:
    31-1471961
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 10,648 10,648   0
    EXCISE TAX 2,207 0   0