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 07-01-2020 , and ending 06-30-2021
Name of foundation
CLARENCE S & MARGARET F FUGH FDN
 
Number and street (or P.O. box number if mail is not delivered to street address)116 ALLEGHENY CENTER MALL P8YB3502L
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15212
A Employer identification number

25-6062524
B Telephone number (see instructions)

(412) 762-7070
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$4,119,953J 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... 70,449 69,484  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 104,076
b Gross sales price for all assets on line 6a 783,842
7 Capital gain net income (from Part IV, line 2)... 104,076
8 Net short-term capital gain......... 0
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 3,748    
12 Total. Add lines 1 through 11........ 178,273 173,560  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 39,037 19,519   19,519
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,740 954   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 8     8
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 42,785 20,473 0 19,527
25 Contributions, gifts, grants paid....... 142,622 142,622
26 Total expenses and disbursements. Add lines 24 and 25 185,407 20,473 0 162,149
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -7,134
b Net investment income (if negative, enter -0-) 153,087
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 43,133 37,816 37,816
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 544,218 Click to see attachment592,441 1,071,625
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).......... 2,279,567 Click to see attachment2,226,849 3,010,512
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) 2,866,918 2,857,106 4,119,953
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...........    
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........ 2,831,290 2,857,106
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 35,628  
29 Total net assets or fund balances (see instructions)..... 2,866,918 2,857,106
30 Total liabilities and net assets/fund balances (see instructions). 2,866,918 2,857,106
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
2,866,918
2
Enter amount from Part I, line 27a .....................
2
-7,134
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,859,784
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,678
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,857,106
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 47. AUTOMATIC DATA PROCESSING INC   2018-06-05 2020-07-01
b 41. BURLINGTON STORES INC   2016-09-02 2020-07-01
c 47. BOOZ ALLEN HAMILTON HOLDING   2019-01-09 2020-07-15
d 15. ACCENTURE PLC CLASS A SEDOL B4BNMY3   2019-07-19 2020-07-15
e 105. BAXTER INTERNATIONAL INC   2018-01-10 2020-08-12
276. CITIZENS FINANCIAL GROUP   2016-11-21 2020-08-12
989. REAL ESTATE SELECT SECT SPDR ETF   2020-03-19 2020-08-13
6337.801 BLACKROCK STRATEGIC INCOME OPPORTUNITIES PORTFOLIO   2014-07-01 2020-08-18
470. ISHARES TR RUSSELL 1000 GROWTH INDEX FD   2019-04-18 2020-08-18
39. MCDONALDS CORP COM   2017-06-21 2020-08-21
49. CIGNA CORP   2020-03-30 2020-09-16
70. EVERSOURCE ENERGY   2020-03-25 2020-09-16
123. CVS CAREMARK CORP   2019-10-17 2020-09-29
19. AMERICAN WATER WORKS CO INC   2016-02-18 2020-12-03
130. CONOCOPHILLIPS   2017-11-06 2020-12-03
24. VISA INC CLASS A SHARES   2013-02-11 2020-12-03
109. CHURCH & DWIGHT INC   2019-02-06 2020-12-14
146. CIENA CORP   2020-07-15 2020-12-14
126. INTEL CORP   2020-04-21 2020-12-14
29. AMERISOURCEBERGEN CORP   2020-05-01 2021-01-04
52. CROWN CASTLE INTL CORP   2019-09-10 2021-01-04
30. NORTHROP GRUMMAN CORPORATION   2015-03-30 2021-01-14
8. AMGEN INC   2014-01-09 2021-01-21
10. CHARTER COMMUNICATIONS INC-A   2020-02-19 2021-01-21
54. COMCAST CORPORATION CL A   2011-10-20 2021-01-21
81. AMERISOURCEBERGEN CORP   2020-05-01 2021-02-11
105. EDWARDS LIFESCIENCES CORP   2019-09-10 2021-02-11
33. AIR PRODUCTS & CHEMICALS INC   2019-08-23 2021-02-26
65. AKAMAI TECHNOLOGIES   2020-06-29 2021-02-26
6. CHARTER COMMUNICATIONS INC-A   2020-02-19 2021-02-26
7. CHARTER COMMUNICATIONS INC-A   2020-03-25 2021-02-26
100. FMC CORPORATION NEW   2019-11-07 2021-02-26
53. L3 HARRIS TECHNOLOGIES INC   2019-08-23 2021-02-26
21. LOCKHEED MARTIN CORP   2019-07-01 2021-02-26
5. MICROSOFT CORP   2019-07-19 2021-02-26
147. MONDELEZ INTERNATIONAL   2020-02-19 2021-02-26
73. TOTAL FINA S A   2020-03-25 2021-02-26
83. TOTAL FINA S A   2020-12-03 2021-02-26
174. TOTAL FINA S A   2016-05-13 2021-02-26
114. TRANSUNION   2019-10-10 2021-03-11
13884.996 WELLS FARGO CORE BOND FUND   2011-12-22 2021-03-23
30. AMERICAN TOWER CORP   2020-05-04 2021-03-25
15. HOME DEPOT INC COM   2012-01-11 2021-03-25
19. J P MORGAN CHASE & CO COM   2021-01-04 2021-03-25
7. J P MORGAN CHASE & CO COM   2010-01-21 2021-03-25
2980.132 LAZARD GLOBAL LISTED INFRASTRUCTURE PORTFOLIO   2018-08-08 2021-03-25
16. LILLY ELI & CO   2018-07-17 2021-03-25
18. MOTOROLA SOLUTIONS INC   2019-10-10 2021-03-25
41. DOLLAR GENERAL CORP   2018-11-20 2021-04-15
58. JOHNSON & JOHNSON COM   2020-06-29 2021-04-20
135. BOOZ ALLEN HAMILTON HOLDING   2019-01-09 2021-05-28
90. EXXON MOBIL CORP   2021-02-26 2021-05-28
9. LAM RESEARCH CORP   2020-01-22 2021-05-28
59. QUALCOMM   2020-12-14 2021-05-28
11. THERMO ELECTRON CORP COM   2020-09-16 2021-05-28
.5 ORGANON & CO-W/I   2019-10-17 2021-06-11
8.6 ORGANON & CO-W/I   2020-09-29 2021-06-14
8.4 ORGANON & CO-W/I   2019-10-17 2021-06-14
41. CLOROX CO   2020-04-08 2021-06-22
58. PROCTER & GAMBLE CO   2018-11-02 2021-06-22
24. THERMO ELECTRON CORP COM   2020-08-12 2021-06-22
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
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(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 6,866   6,324 542
b 8,177   3,472 4,705
c 3,413   2,143 1,270
d 3,304   2,935 369
e 8,758   7,196 1,562
7,222   8,840 -1,618
35,732   28,625 7,107
63,885   65,691 -1,806
101,270   73,118 28,152
8,215   6,006 2,209
8,338   8,669 -331
5,902   5,089 813
7,085   8,118 -1,033
2,951   1,257 1,694
5,345   6,989 -1,644
5,014   944 4,070
9,393   6,750 2,643
6,951   7,785 -834
6,409   7,137 -728
2,822   2,611 211
8,182   7,181 1,001
9,190   4,886 4,304
2,014   939 1,075
6,501   5,396 1,105
2,642   640 2,002
8,521   6,923 1,598
9,150   7,559 1,591
8,536   7,396 1,140
6,207   6,772 -565
3,743   3,238 505
4,367   3,028 1,339
10,190   9,784 406
9,749   11,242 -1,493
7,040   7,668 -628
1,167   693 474
7,881   8,798 -917
3,400   2,665 735
3,866   3,685 181
8,105   8,426 -321
9,986   9,110 876
180,922   176,769 4,153
6,793   7,085 -292
4,420   652 3,768
2,862   2,422 440
1,054   289 765
45,000   49,303 -4,303
2,902   1,436 1,466
3,259   3,050 209
8,858   4,339 4,519
9,671   8,042 1,629
11,543   6,156 5,387
5,238   4,907 331
5,873   2,833 3,040
7,964   8,528 -564
5,203   4,775 428
15   20 -5
260   336 -76
254   333 -79
7,129   7,506 -377
7,719   5,195 2,524
11,648   10,062 1,586
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
      17,766
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       542
b       4,705
c       1,270
d       369
e       1,562
      -1,618
      7,107
      -1,806
      28,152
      2,209
      -331
      813
      -1,033
      1,694
      -1,644
      4,070
      2,643
      -834
      -728
      211
      1,001
      4,304
      1,075
      1,105
      2,002
      1,598
      1,591
      1,140
      -565
      505
      1,339
      406
      -1,493
      -628
      474
      -917
      735
      181
      -321
      876
      4,153
      -292
      3,768
      440
      765
      -4,303
      1,466
      209
      4,519
      1,629
      5,387
      331
      3,040
      -564
      428
      -5
      -76
      -79
      -377
      2,524
      1,586
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 104,076
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 2,128
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 2,128
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 2,128
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,114
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,114
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 14
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 taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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)
    bulletPA
    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 addressbulletSEE FOOTNOTE
    14
    The books are in care ofbulletPNC BANK NA Telephone no.bullet (412) 762-7070

    Located atbullet116 ALLEGHENY CENTER MALLPITTSURGHPA ZIP+4bullet15212
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    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).
    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
    PNC BANK NA TRUSTEE
    8     		39,037    
    116 ALLEGHENY CENTER MALL
    PITTSBURGH,PA15212
    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.........................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
    3,703,538
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,703,538
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,703,538
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    55,553
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,647,985
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    182,399
    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
    182,399
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,128
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,128
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    180,271
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    180,271
    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
    180,271
    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
    162,149
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    162,149
    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
    162,149
    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 7 180,271
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 142,622
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 162,149
    a Applied to 2019, but not more than line 2a 142,622
    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..... 19,527
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		160,744
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    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:
    CHARITABLE TRUST GRANT REVIEW COMMI
    THE TOWER AT PNC PLAZA 300 FIFTH A
    PITTSBURGH,PA15212
    (412) 762-5157
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER STATING FOR WHAT THE FUNDS WILL BE USED
    cAny submission deadlines:
    NO SUBMISSION DEADLINES
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    RESTRICTED FOR LOCAL CHARITIES
    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
    NOAH TUROWSKI
    600 FORBES AVENUE
    PITTSBURGH,PA15282     		NONE I SCHOLARSHIP 2,500
    CHRIST THE DIVINE TEACHER CATHOLIC ACAD
    205 BRILLIANT AVE
    ASPINWALL,PA15215     		NONE PC CDTCA ATHLETIC ASSOCIATION 1,000
    CAMP GUYASUTA
    BOY SCOUTS OF AMERICA
    300 23RD ST EXT
    SHARPSBURG,PA15215     		NONE PC GENERAL SUPPORT OF VARIOUS 5,000
    BREAD OF LIFE FOOD PANTRY
    94 LOCUST STREET
    ETNA,PA15223     		NONE PC GENERAL SUPPORT OF VARIOUS 5,000
    GRACE RITTER
    116 ALLEGHENY CENTER MALL
    PITTSBURGH,PA15212     		NONE I SCHOLARSHIP 2,500
    EMILY BEN
    116 ALLEGHENY CENTER MALL
    PITTSBURGH,PA15212     		NONE I SCHOLARSHIP 2,500
    ALYSSA MATTHEIS
    116 ALLEGHENY CENTER MALL
    PITTSBURGH,PA15212     		NONE I SCHOLARSHIP 2,500
    ANNA JABLONOSKI
    116 ALLEGHENY CENTER MALL
    PITTSBURGH,PA15212     		NONE I SCHOLARSHIP 2,500
    JULIA KUST
    116 ALLEGHENY CENTER MALL
    PITTSBURGH,PA15212     		NONE I SCHOLARSHIP 2,500
    CHEYENNE TURNER
    116 ALLEGHENY CENTER MALL
    PITTSBURGH PA,MP15212     		NONE I SCHOLARSHIP 2,500
    JORDYN HELGERT
    116 ALLEGHENY CENTER MALL
    PITTSBURGH,PA15212     		NONE I SCHOLARSHIP 2,500
    SHALER AREA SCHOOL DISTRICT
    1800 MT ROYAL BLVD
    GLENSHAW,PA15116     		NONE PC GENERAL SUPPORT OF VARIOUS 30,000
    BOROUGH OF ASPINWALL
    217 COMMERCIAL AVENUE
    ASPINWALL,PA15215     		NONE PC GENERAL SUPPORT OF VARIOUS 5,122
    BOROUGH OF ETNA
    437 BUTLER STREET
    PITTSBURGH,PA15223     		NONE PC GENERAL SUPPORT OF VARIOUS 37,500
    BOROUGH OF SHARPSBURG
    1611 MAIN STREET
    PITTSBURGH,PA15215     		NONE PC GENERAL SUPPORT OF VARIOUS 28,000
    FOX CHAPEL AREA SCHOOL DISTRICT
    611 FIELD CLUB ROAD
    PITTSBURGH,PA15238     		NONE PC SUPPORT OF FOX CHAPEL CREW 2,500
    ASPINWALL MEALS ON WHEELS
    450 WALNUT STREET
    BLAWNOX,PA15238     		NONE PC GENERAL SUPPORT 1,000
    ADDICTION RECOVERY MINISTRY
    201 9TH ST
    SHARPSBURG,PA15215     		NONE PC GENERAL SUPPORT 2,500
    SECOND HARVEST
    624 CLAY ST
    PITTSBURGH,PA15215     		NONE PC GENERAL SUPPORT 5,000
    Total .................................bullet 3a 142,622
    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....     14 70,449  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 104,076  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL TAX REFUND     		    14 3,748  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   178,273  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    178,273
    (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.
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    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
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    Form 990-PF (2020)
    Additional Data


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    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    CLARENCE S & MARGARET F FUGH FDN
    EIN:
    25-6062524
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMON STOCK    
    002824100 ABBOTT LABORATORIES 9,116 8,347
    020002101 ALLSTATE CORP 7,632 9,261
    023135106 AMAZON COM INC 18,550 48,162
    030420103 AMERICAN WATER WORKS 3,042 7,090
    031162100 AMGEN INC 4,810 9,994
    037833100 APPLE INC 12,516 71,219
    053332102 AUTOZONE INC 4,410 8,953
    053611109 AVERY DENNISON CORP 9,810 11,563
    060505104 BANK OF AMERICA CORP 16,105 23,089
    110122108 BRISTOL MYERS SQUIBB 11,811 12,963
    149123101 CATERPILLAR INC 10,791 9,793
    172908105 CINTAS CORP 7,586 13,370
    228368106 CROWN HOLDINGS INC 9,594 10,119
    244199105 DEERE & CO 9,122 10,581
    260003108 DOVER CORP 9,878 12,048
    291011104 EMERSON ELECTRIC CO 9,853 10,875
    437076102 HOME DEPOT INC 6,207 16,901
    460690100 INTERPUBLIC GROUP CO 9,907 13,646
    485170302 KANSAS CITY SOUTHERN 7,410 15,869
    512807108 LAM RESEARCH CORP 9,429 21,473
    532457108 LILLY ELI & CO 6,012 15,378
    594918104 MICROSOFT CORP 15,658 89,126
    617446448 MORGAN STANLEY 15,004 23,381
    620076307 MOTOROLA SOLUTIONS I 9,095 11,927
    701094104 PARKER HANNIFIN CORP 10,195 10,135
    718172109 PHILIP MORRIS INTERN 15,314 15,164
    731068102 POLARIS INC 13,403 13,970
    742718109 PROCTER & GAMBLE CO 8,240 12,414
    806857108 SCHLUMBERGER LTD SED 10,498 10,691
    863667101 STRYKER CORP 7,657 9,091
    874039100 TAIWAN SEMICONDUCTOR 9,211 10,574
    879360105 TELEDYNE TECHNOLOGIE 8,022 9,633
    74762E102 QUANTA SVCS INC 12,083 19,110
    87612E106 TARGET CORP 7,727 17,647
    34959E109 FORTINET INC 7,877 12,862
    00287Y109 ABBVIE INC 11,717 14,756
    00507V109 ACTIVISION BLIZZARD 7,703 9,830
    02079K305 ALPHABET INC/CA-CL A 2,942 46,394
    05352A100 AVANTOR INC 10,002 11,789
    08579W103 BERRY GLOBAL GROUP I 10,460 10,500
    09247X101 BLACKROCK INC 12,738 17,499
    11135F101 BROADCOM INC 10,881 18,597
    12514G108 CDW CORP/DE 12,936 19,212
    20030N101 COMCAST CORPORATION 2,049 9,864
    22160K105 COSTCO WHOLESALE COR 10,269 18,201
    23331A109 D R HORTON INC 8,369 9,941
    24906P109 DENTSPLY SIRONA INC 9,428 9,109
    30231G102 EXXON MOBIL CORP 15,702 18,167
    30303M102 FACEBOOK INC 7,764 24,687
    37045V100 GENERAL MOTORS CO 10,821 11,656
    38141G104 GOLDMAN SACHS GROUP 9,147 10,627
    46625H100 JPMORGAN CHASE & CO 9,228 34,841
    58933Y105 MERCK & CO INC 13,948 13,610
    64110L106 NETFLIX INC 8,496 10,036
    70450Y103 PAYPAL HOLDINGS INC- 10,135 17,489
    78409V104 S&P GLOBAL INC 5,749 21,343
    89832Q109 TRUIST FINANCIAL COR 7,478 13,542
    91324P102 UNITEDHEALTH GROUP I 12,061 20,422
    92826C839 VISA INC CLASS A SHA 7,586 19,173
    92939U106 WEC ENERGY GROUP INC 2,483 8,806
    G1151C101 ACCENTURE PLC CLASS 8,960 15,034
    G16962105 BUNGE LIMITED 9,814 10,081

    TY 2020 InvestmentsOtherSchedule2
    Name:
    CLARENCE S & MARGARET F FUGH FDN
    EIN:
    25-6062524
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS - FIXED      
    MUTUAL FUNDS - EQUITY      
    057071854 BAIRD AGGREGATE BOND AT COST 250,000 266,116
    256210105 DODGE & COX INCOME F AT COST 272,000 283,814
    317609295 SEAFARER OVERSEAS GR AT COST 55,000 76,199
    412295107 HARDING LOEVNER INTE AT COST 58,839 114,857
    464287473 ISHARES RUSSELL MID- AT COST 40,638 68,988
    464287499 ISHARES RUSSELL MID- AT COST 52,533 142,632
    464287598 ISHARES RUSSELL 1000 AT COST 284,697 403,688
    464287614 ISHARES RUSSELL 1000 AT COST 243,482 434,368
    464287655 ISHARES RUSSELL 2000 AT COST 45,433 68,811
    464288273 ISHARES MSCI EAFE SM AT COST 35,345 44,496
    552746364 MFS EMERGING MKTS DE AT COST 90,365 93,282
    557492485 MADISON MID CAP FUND AT COST 53,971 69,373
    779562107 T ROWE PRICE NEW HOR AT COST 16,128 59,058
    922031737 VANGUARD INFLATION P AT COST 50,000 50,533
    922908553 VANGUARD REAL ESTATE AT COST 28,508 47,027
    922908611 VANGUARD SMALL CAP V AT COST 37,468 50,361
    00769G543 CAMBIAR INTL EQUITY AT COST 90,147 94,318
    09260B382 BLACKROCK STRATEGIC AT COST 50,000 50,242
    31423A671 FEDERATED HERMES INT AT COST 50,819 69,585
    46432F842 ISHARES CORE MSCI EA AT COST 34,234 39,676
    52106N459 LAZARD GLOBAL LISTED AT COST 43,994 47,470
    56167N712 NUANCE MID CAP VALUE AT COST 52,639 62,970
    72201F490 PIMCO INCOME FUND CL AT COST 99,269 100,751
    74256W584 PRINCIPAL MIDCAP FUN AT COST 51,604 77,452
    89154Q562 TOUCHSTONE SANDS EM AT COST 45,000 79,748
    89154X526 TOUCHSTONE MID CAP G AT COST 58,861 71,436
    97717X669 WISDOMTREE U.S. QUAL AT COST 35,875 43,261

    TY 2020 OtherDecreasesSchedule
    Name:
    CLARENCE S & MARGARET F FUGH FDN
    EIN:
    25-6062524
    Description Amount
    ROUNDING ADJ FOR SALES AND TRANSACTIONS 53
    2020 TRANSACTION POSTED IN 2021 959
    ADJUSTMENT FOR TAX COST BASIS 1,666


    TY 2020 OtherExpensesSchedule
    Name:
    CLARENCE S & MARGARET F FUGH FDN
    EIN:
    25-6062524
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER NON-ALLOCABLE EXPENSE - 3 0   3
    OTHER EXPENSE (NON-DEDUCTIBLE 5 0   5


    TY 2020 OtherIncomeSchedule2
    Name:
    CLARENCE S & MARGARET F FUGH FDN
    EIN:
    25-6062524
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL TAX REFUND 3,748 0  


    TY 2020 TaxesSchedule
    Name:
    CLARENCE S & MARGARET F FUGH FDN
    EIN:
    25-6062524
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 240 240   0
    FEDERAL TAX PAYMENT - PRIOR YE 1,730 0   0
    FEDERAL ESTIMATES - PRINCIPAL 1,056 0   0
    FOREIGN TAXES ON QUALIFIED FOR 453 453   0
    FOREIGN TAXES ON NONQUALIFIED 261 261   0