Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE KNAPP FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3173 KIRBY WHITTEN PARKWAY NO 105
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BARTLETT, TN38134
A Employer identification number

62-1794837
B Telephone number (see instructions)

(901) 527-6666
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$10,937,030J 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... 198,122 198,122  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 145,939
b Gross sales price for all assets on line 6a 2,027,348
7 Capital gain net income (from Part IV, line 2)... 145,939
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 8,371 8,371  
12 Total. Add lines 1 through 11........ 352,432 352,432  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 167,100 33,420   133,680
14 Other employee salaries and wages...... 45,000 9,000   36,000
15 Pension plans, employee benefits....... 21,926 4,385   17,541
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,000 0   4,000
c Other professional fees (attach schedule).... Click to see attachment 122,603 122,603   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 18,074 8,359   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 6,099 1,220  
20 Occupancy.............. 12,193 2,439   9,754
21 Travel, conferences, and meetings....... 373 75   299
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 22,073 4,414   17,659
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 419,441 185,915   218,933
25 Contributions, gifts, grants paid....... 279,700 279,700
26 Total expenses and disbursements. Add lines 24 and 25 699,141 185,915   498,633
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -346,709
b Net investment income (if negative, enter -0-) 166,517
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............. 15,246 44,168 44,168
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 8,813,558 Click to see attachment8,576,279 10,801,044
14 Land, buildings, and equipment: basis bullet229,159
Less: accumulated depreciation (attach schedule) bullet137,801 97,457 Click to see attachment91,358 91,358
15 Other assets (describe bullet) Click to see attachment460 Click to see attachment460 Click to see attachment460
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,926,721 8,712,265 10,937,030
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) Click to see attachment400 Click to see attachment43,537
23 Total liabilities (add lines 17 through 22)......... 400 43,537
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 8,926,321 8,668,728
29 Total net assets or fund balances (see instructions)..... 8,926,321 8,668,728
30 Total liabilities and net assets/fund balances (see instructions). 8,926,721 8,712,265
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
8,926,321
2
Enter amount from Part I, line 27a .....................
2
-346,709
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
89,116
4
Add lines 1, 2, and 3 ..........................
4
8,668,728
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
8,668,728
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 K-1: DTC PRIVATE EQUITY II P    
b K-1: DTC PRIVATE EQUITY II P    
c K-1: DTC PRIVATE EQUITY III P    
d K-1: DTC PRIVATE EQUITY III P    
e K-1: DTC PRIVATE EQUITY III P    
K-1: DTC PRIVATE EQUITY IV P    
K-1: DTC PRIVATE EQUITY IV P    
K-1: DTC PRIVATE EQUITY IV P    
K-1: DTC PRIVATE EQUITY V P    
K-1: DTC PRIVATE EQUITY V P    
K-1: DTC PRIVATE EQUITY V P    
K-1: DTC PRIVATE EQUITY VI P    
K-1: DTC PRIVATE EQUITY VI P    
K-1: DTC PRIVATE EQUITY VI P    
K-1: CORE FIXED INCOME COMMON TRUST FUND P    
K-1: CORE FIXED INCOME COMMON TRUST FUND P    
K-1: DTC MULTI-STRATEGY COMMON TRUST FUND P    
K-1: DTC MULTI-STRATEGY COMMON TRUST FUND P    
K-1: DTC US ACTIVE EQUITY COMMON TRUST FUND P    
K-1: DTC US ACTIVE EQUITY COMMON TRUST FUND P    
K-1: DTC US CORE EQUITY COMMON TRUST FUND P    
K-1: DTC US CORE EQUITY COMMON TRUST FUND P    
K-1: INTERNATIONAL EQUITY COMMON TRUST FUND P    
K-1: INTERNATIONAL EQUITY COMMON TRUST FUND P    
K-1: SHORT DURATION FIXED INCOME COMMON TRUST FUND P    
K-1: SHORT DURATION FIXED INCOME COMMON TRUST FUND P    
1099: DTC MULTI-STRATEGY COMMON TRUST FUND P    
1099: DTC US ACTIVE EQUITY COMMON TRUST FUND P    
1099: DTC US CORE EQUITY COMMON TRUST FUND P    
1099: INTERNATIONAL EQUITY COMMON TRUST FUND P    
1099: SHORT DURATION FIXED INCOME COMMON TRUST FUND P    
1099: LOOMIS SAYLES SENIOR FLOATING RATE AND FIXED INCOME FUND P    
1099: LOOMIS SAYLES SENIOR FLOATING RATE AND FIXED INCOME FUND P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a     141 -141
b 560     560
c     33 -33
d 26,845     26,845
e     572 -572
423     423
35,423     35,423
    246 -246
1,471     1,471
36,662     36,662
    430 -430
13,314     13,314
5,907     5,907
314     314
26,414     26,414
7,088     7,088
    374 -374
    9,799 -9,799
    7,551 -7,551
87,032     87,032
    14,183 -14,183
94,941     94,941
    33,516 -33,516
    28,342 -28,342
2,001     2,001
1,386     1,386
191,776   182,308 9,468
25,000   20,362 4,638
161,000   137,601 23,399
436,000   486,107 -50,107
311,000   309,844 1,156
27,524   30,000 -2,476
535,267   620,000 -84,733
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       -141
b       560
c       -33
d       26,845
e       -572
      423
      35,423
      -246
      1,471
      36,662
      -430
      13,314
      5,907
      314
      26,414
      7,088
      -374
      -9,799
      -7,551
      87,032
      -14,183
      94,941
      -33,516
      -28,342
      2,001
      1,386
      9,468
      4,638
      23,399
      -50,107
      1,156
      -2,476
      -84,733
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 2 145,939
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 2,315
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 2,315
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 2,315
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 12,314
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 12,314
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 9,999
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet2,500 RefundedBullet 11 7,499
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)
    bulletTN
    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 ofbulletLORI CONDO LOCKE Telephone no.bullet (901) 527-6666

    Located atbullet3173 KIRBY WHITTEN PARKWAY STE 105BARTLETTTN ZIP+4bullet38134
    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
     
     
    .........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
    MARCIA R BRASEL TREASURER
    34.00     		64,950 0 0
    3173 KIRBY WHITTEN PARKWAY STE 105
    BARTLETT,TN381342823
    LORI CONDO LOCKE CHAIRMAN
    40.00     		102,950 0 0
    3173 KIRBY WHITTEN PARKWAY STE 105
    BARTLETT,TN381342823
    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
    10,001,368
    b
    Average of monthly cash balances.......................
    1b
    29,707
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,031,075
    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
    10,031,075
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    150,466
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,880,609
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    494,030
    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
    494,030
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,315
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,315
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    491,715
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    491,715
    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
    491,715
    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
    498,633
    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
    498,633
    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
    498,633
    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 7 491,715
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 279,657
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 498,633
    a Applied to 2019, but not more than line 2a 279,657
    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..... 218,976
    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 ..........     		272,739
    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....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LORI CONDO LOCKE
    3173 KIRBY WHITTEN PARKWAY STE 105
    BARTLETT,TN38134
    (901) 527-6666
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER OF REQUEST DETAILING FULL BACKGROUND AND FINANCIAL STATEMENTS
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N/A
    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
    ALICE LLOYD COLLEGE
    100 PURPOSE ROAD
    PIPPA PASSES,KY41844     		NONE PUBLIC CHARITY SCHOLARSHIPS 25,000
    AMERICAN HERITAGE GIRLS
    175 TRI COUNTY PARKWAY
    CINCINNATI,OH45246     		NONE PUBLIC CHARITY GENERAL/OPERATING 5,000
    APPALACHIA SERVICE PROJECT
    4523 BRISTOL HIGHWAY
    JOHNSON CITY,TN37601     		NONE PUBLIC CHARITY GENERAL/OPERATING 20,000
    BINGHAMPTON COMMUNITY LIFE CENTER
    3079 CRYSTAL AVENUE
    MEMPHIS,TN38112     		NONE PUBLIC CHARITY GENERAL/OPERATING 2,500
    CALVARY RESCUE MISSION
    960 S THIRD STREET
    MEMPHIS,TN38106     		NONE PUBLIC CHARITY GENERAL/OPERATING 2,500
    CHURCH HEALTH CENTER
    1350 CONCOURSE AVENUE
    MEMPHIS,TN38104     		NONE PUBLIC CHARITY GENERAL/OPERATING 10,000
    CITIZENS FOR COMMUNITY VALUES
    3294 POPLAR AVENUE
    MEMPHIS,TN38111     		NONE PUBLIC CHARITY GENERAL/OPERATING 12,500
    DIXON MUSEUMS AND GARDENS
    4339 PARK AVENUE
    MEMPHIS,TN38117     		NONE PUBLIC CHARITY GENERAL/OPERATING 1,000
    GOODWILL INDUSTRIES
    6895 STAGE ROAD
    MEMPHIS,TN38133     		NONE PUBLIC CHARITY GENERAL/OPERATING 1,000
    HARWOOD CENTER
    711 JEFFERSON AVENUE
    MEMPHIS,TN38105     		NONE PUBLIC CHARITY GENERAL/OPERATING 10,000
    LEADERSHIP INSTITUTE
    1101 N HIGHLAND STREET
    ARLINGTON,VA22201     		NONE PUBLIC CHARITY GENERAL/OPERATING 20,000
    LIFE CHOICES OF MEMPHIS
    5575 RALEIGH LAGRANGE
    MEMPHIS,TN38134     		NONE PUBLIC CHARITY GENERAL/OPERATING 5,000
    MEMPHIS BOTANIC GARDENS
    750 CHERRY ROAD
    MEMPHIS,TN38117     		NONE PUBLIC CHARITY CAPITAL IMPROVEMENTS 2,500
    MEMPHIS BROOKS MUSEUM
    1934 POPLAR AVENUE
    MEMPHIS,TN38104     		NONE PUBLIC CHARITY GENERAL/OPERATING 1,000
    MEMPHIS CHILD ADVOCACY CENTER
    1085 POPLAR AVENUE
    MEMPHIS,TN38105     		NONE PUBLIC CHARITY GENERAL/OPERATING 12,700
    MEMPHIS JEWISH COMMUNITY CENTER
    6560 POPLAR AVENUE
    MEMPHIS,TN38138     		NONE PUBLIC CHARITY SENIOR WORKSHOP SERIES 3,000
    MEMPHIS UNION MISSION
    383 POPLAR AVENUE
    MEMPHIS,TN38101     		NONE PUBLIC CHARITY GENERAL/OPERATING 10,000
    MERITAN
    4700 POPLAR AVENUE
    MEMPHIS,TN38117     		NONE PUBLIC CHARITY GENERAL/OPERATING 2,500
    MID-SOUTH FOOD BANK
    3865 S PERKINS ROAD
    MEMPHIS,TN38118     		NONE PUBLIC CHARITY GENERAL/OPERATING 25,000
    MIFA
    910 VANCE AVENUE
    MEMPHIS,TN38126     		NONE PUBLIC CHARITY GENERAL/OPERATING 10,000
    PALMER HOME FOR CHILDREN
    680-900 BALDWIN ROAD
    LAKE CORMORANT,MS38641     		NONE PUBLIC CHARITY GENERAL/OPERATING 15,000
    PORTER LEATH CHILDREN'S HOME
    4207 AMERICAN WAY
    MEMPHIS,TN38118     		NONE PUBLIC CHARITY GENERAL/OPERATING 1,000
    RONALD MCDONALD HOUSE
    535 ALABAMA AVENUE
    MEMPHIS,TN38105     		NONE PUBLIC CHARITY GENERAL/OPERATING 10,000
    SHEPHERD'S HAVEN
    175 SHEPHERDS HAVEN WAY
    ARLINGTON,TN38002     		NONE PUBLIC CHARITY GENERAL/OPERATING 5,000
    SHRINE HOSPITAL BURN CENTER
    3229 BURNET AVENUE
    CINCINNATI,OH45229     		NONE PUBLIC CHARITY GENERAL/OPERATING 5,000
    SHRINE HOSPITAL CRIPPLE CHILDREN
    110 CONN TERRACE
    LEXINGTON,KY40508     		NONE PUBLIC CHARITY GENERAL/OPERATING 5,000
    THE MEMPHIS ZOO
    2000 PRENTISS PLACE
    MEMPHIS,TN38112     		NONE PUBLIC CHARITY GENERAL/OPERATING 10,000
    THE SALVATION ARMY
    8 S THIRD STREET
    MEMPHIS,TN38103     		NONE PUBLIC CHARITY GENERAL/OPERATING 10,000
    TRAIL LIFE
    10612 AUGUSTA ROAD
    BELTON,SC29627     		NONE PUBLIC CHARITY GENERAL/OPERATING 5,000
    VISIBLE MUSIC COLLEGE
    200 MADISON AVENUE
    MEMPHIS,TN38103     		NONE PUBLIC CHARITY SCHOLARSHIPS 10,000
    KINDRED PLACE
    2180 UNION AVENUE
    MEMPHIS,TN38104     		NONE PUBLIC CHARITY GENERAL/OPERATING 2,500
    TUNNEL TO TOWERS FOUNDATION
    2361 HYLAN BOULEVARD
    STATEN ISLAND,NY10306     		NONE PUBLIC CHARITY GENERAL/OPERATING 10,000
    AVE MARIA HOME
    2795 CHARLES BRYAN ROAD
    BARTLETT,TN38134     		NONE PUBLIC CHARITY GENERAL/OPERATING 10,000
    Total .................................bullet 3a 279,700
    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 ...........     		         
    4 Dividends and interest from securities....     14 198,122  
    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.....     14 8,371  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 145,939  
    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).. 0 352,432 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    352,432
    (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 KNAPP FOUNDATION
    EIN:
    62-1794837
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,000 0   4,000

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

    TY 2020 DepreciationSchedule
    Name:
    THE KNAPP FOUNDATION
    EIN:
    62-1794837
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    OFFICE FURNITURE 1999-05-15 6,035 6,035 200DB 7.000000000000 0 0    
    FURNITURE 1999-05-15 4,359 4,359 200DB 7.000000000000 0 0    
    MICROWAVE AND VACUUM 1999-05-15 389 389 200DB 7.000000000000 0 0    
    BOOKSHELVES 1999-05-15 500 500 200DB 7.000000000000 0 0    
    DELL SERVER 1999-05-15 7,525 7,525 200DB 5.000000000000 0 0    
    REFRIGERATOR 1999-05-15 635 635 200DB 7.000000000000 0 0    
    PICTURE FRAMES 1999-05-15 505 505 200DB 7.000000000000 0 0    
    BUILDING 2001-08-06 175,735 82,798 SL 39.000000000000 4,506 0    
    COMPUTERS 2008-05-01 9,602 4,801 200DB 5.000000000000 0 0    
    SONIC WALL SECURITY 2010-03-30 1,194 597 200DB 7.000000000000 0 0    
    OFFICE FURNITURE 2011-06-30 2,047   200DB 7.000000000000 0 0    
    LCD HDTV 2011-06-30 227   200DB 7.000000000000 0 0    
    COMPUTER - LORI 2011-06-30 809   200DB 5.000000000000 0 0    
    OFFICE CHAIRS 2012-06-30 1,326 1,326 SL 7.000000000000 0 0    
    LG 32 INCH TV 2012-06-30 400 400 SL 5.000000000000 0 0    
    2013 COMPUTERS 2012-06-30 2,896 2,896 SL 5.000000000000 0 0    
    HP ML350 SERVER 2013-06-30 4,318 4,318 SL 5.000000000000 0 0    
    POLYCOM PHONES 2013-06-30 1,735 1,735 SL 5.000000000000 0 0    
    COMPUTER 2014-12-31 698 698 SL 5.000000000000 0 0    
    MERAKI SERVER BUNDLE 2016-06-30 3,207 2,244 SL 5.000000000000 641 0    
    PRO DESK 2017 2017-05-05 899 342 SL 7.000000000000 128 0    
    FRONT OFFICE PRO DESK 2017-05-05 899 480 SL 5.000000000000 180 0    
    24 INCH SMART TV 2018-11-29 150 33 SL 5.000000000000 30 0    
    43 INCH SMART TV 2018-11-29 280 61 SL 5.000000000000 56 0    
    LENOVO DESKTOP COMPUTER 2018-07-05 880 264 SL 5.000000000000 176 0    
    LENOVO DESKTOP COMPUTER 2018-12-11 766 166 SL 5.000000000000 153 0    
    LAURA LENOVO DESKTOP COMPUTER 2019-06-19 1,143 114 SL 5.000000000000 229 0    

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE KNAPP FOUNDATION
    EIN:
    62-1794837
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CORE FIXED INCOME COMMON TRUST FUND AT COST 2,727,046 2,840,051
    DTC PRIVATE EQUITY II AT COST 47,546 35,486
    DTC PRIVATE EQUITY III AT COST 142,049 139,183
    DTC PRIVATE EQUITY IV AT COST 282,966 395,269
    DTC PRIVATE EQUITY V AT COST 311,387 381,452
    DTC PRIVATE EQUITY VI AT COST 240,014 277,201
    FIDELITY IMM GOV CLASS I FUND AT COST 41,634 41,634
    INTERNATIONAL EQUITY COMMON TRUST FUND AT COST 1,738,561 2,260,757
    SHORT DURATION FIXED INCOME COMMON TRUST FUND AT COST 198,155 197,154
    DTC US ACTIVE EQUITY COMMON TRUST FUND AT COST 1,083,752 1,303,797
    DTC US CORE EQUITY COMMON TRUST FUND AT COST 1,163,169 1,992,301
    WINSTON GLOBAL FUND LTD OFFSHORE AT COST 600,000 936,759

    TY 2020 LandEtcSchedule2
    Name:
    THE KNAPP FOUNDATION
    EIN:
    62-1794837
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE FURNITURE 6,035 6,035 0 0
    FURNITURE 4,359 4,359 0 0
    MICROWAVE AND VACUUM 389 389 0 0
    BOOKSHELVES 500 500 0 0
    DELL SERVER 7,525 7,525 0 0
    REFRIGERATOR 635 635 0 0
    PICTURE FRAMES 505 505 0 0
    BUILDING 175,735 87,304 88,431 88,431
    COMPUTERS 9,602 9,602 0 0
    SONIC WALL SECURITY 1,194 1,194 0 0
    OFFICE FURNITURE 2,047 2,047 0 0
    LCD HDTV 227 227 0 0
    COMPUTER - LORI 809 809 0 0
    OFFICE CHAIRS 1,326 1,326 0 0
    LG 32 INCH TV 400 400 0 0
    2013 COMPUTERS 2,896 2,896 0 0
    HP ML350 SERVER 4,318 4,318 0 0
    POLYCOM PHONES 1,735 1,735 0 0
    COMPUTER 698 698 0 0
    MERAKI SERVER BUNDLE 3,207 2,885 322 322
    PRO DESK 2017 899 470 429 429
    FRONT OFFICE PRO DESK 899 660 239 239
    24 INCH SMART TV 150 63 87 87
    43 INCH SMART TV 280 117 163 163
    LENOVO DESKTOP COMPUTER 880 440 440 440
    LENOVO DESKTOP COMPUTER 766 319 447 447
    LAURA LENOVO DESKTOP COMPUTER 1,143 343 800 800


    TY 2020 OtherAssetsSchedule
    Name:
    THE KNAPP FOUNDATION
    EIN:
    62-1794837
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    UTILITY DEPOSITS 460 460 460


    TY 2020 OtherExpensesSchedule
    Name:
    THE KNAPP FOUNDATION
    EIN:
    62-1794837
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BOARD MEMBER FEE 2,000 400   1,600
    DUES & SUBSCRIPTIONS 1,257 251   1,005
    INSURANCE 8,596 1,719   6,877
    MISCELLANEOUS EXPENSE 35 7   28
    OFFICE 608 122   487
    POSTAGE 560 112   448
    TECHNICAL SUPPORT 9,017 1,803   7,214


    TY 2020 OtherIncomeSchedule2
    Name:
    THE KNAPP FOUNDATION
    EIN:
    62-1794837
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1: CORE FIXED INCOME COMMON TRUST FUND 733 733 0
    K-1: DTC PRIVATE EQUITY III 28 28 0
    K-1: DTC PRIVATE EQUITY V 260 260 0
    K-1: DTC PRIVATE EQUITY VI 85 85 0
    K-1: SHORT DURATION FIXED INCOME COMMON TRUST FUND 219 219 219
    LITIGATION OAKWOOD (MADOFF) 3,600 3,600 0
    SEC LITIGATION PROCEEDS 17 17 0
    SMALL/MID CAP CLASS ACTION 180 180 0
    K-1: DTC PRIVATE EQUITY II -5 -5 0
    K-1: DTC PRIVATE EQUITY II 259 259 0
    K-1: DTC PRIVATE EQUITY III 409 409 0
    K-1: DTC PRIVATE EQUITY III 3,266 3,266 0
    K-1: DTC PRIVATE EQUITY IV 587 587 0
    K-1: DTC PRIVATE EQUITY IV 1,458 1,458 0
    K-1: DTC PRIVATE EQUITY V 172 172 0
    K-1: DTC PRIVATE EQUITY V 608 608 0
    K-1: DTC PRIVATE EQUITY VI 14 14 0
    K-1: DTC PRIVATE EQUITY VI -3,945 -3,945 0
    K-1: DTC US ACTIVE EQUITY COMMON TRUST FUND 144 144 0
    K-1: DTC US CORE EQUITY COMMON TRUST FUND 282 282 0


    TY 2020 OtherIncreasesSchedule
    Name:
    THE KNAPP FOUNDATION
    EIN:
    62-1794837
    Description Amount
    UNREALIZED GAINS/LOSSES ON INVESTMENTS 89,116


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE KNAPP FOUNDATION
    EIN:
    62-1794837
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL WITHHOLDING 400 0
    PPP LOAN 0 43,537


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE KNAPP FOUNDATION
    EIN:
    62-1794837
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    K-1: DTC PRIVATE EQUITY II 1,686 1,686   0
    K-1: DTC PRIVATE EQUITY III 5,378 5,378   0
    K-1: DTC PRIVATE EQUITY IV 10,760 10,760   0
    K-1: DTC PRIVATE EQUITY V 18,285 18,285   0
    K-1: DTC PRIVATE EQUITY VI 18,223 18,223   0
    K-1: CORE FIXED INCOME COMMON TRUST FUND 4,725 4,725   0
    K-1: DTC MULTI-STRATEGY COMMON TRUST FUND 11 11   0
    K-1: DTC US ACTIVE EQUITY COMMON TRUST FUND 4,915 4,915   0
    K-1: DTC US CORE EQUITY COMMON TRUST FUND 967 967   0
    K-1: INTERNATIONAL EQUITY COMMON TRUST FUND 8,584 8,584   0
    K-1: SHORT DURATION FIXED INCOME COMMON TRUST FUND 744 744   0
    1099: INVESTMENT MANAGEMENT FEES 48,325 48,325   0


    TY 2020 TaxesSchedule
    Name:
    THE KNAPP FOUNDATION
    EIN:
    62-1794837
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    K-1: DTC PRIVATE EQUITY III 30 30   0
    K-1: DTC PRIVATE EQUITY IV 18 18   0
    K-1: DTC PRIVATE EQUITY V 458 458   0
    K-1: DTC PRIVATE EQUITY VI 109 109   0
    K-1: DTC US ACTIVE EQUITY COMMON TRUST FUND 112 112   0
    K-1: DTC US CORE EQUITY COMMON TRUST FUND 40 40   0
    K-1: INTERNATIONAL EQUITY COMMON TRUST FUND 7,592 7,592   0
    FEDERAL TAXES 9,715 0   0