Form990-PF
Click to see attachment

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
JHC Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

82-4058364
B Telephone number (see instructions)

(800) 839-1754
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$131,453,613
J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 33,471 33,471  
4 Dividends and interest from securities... 1,889,349 1,889,349  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -753,014
b Gross sales price for all assets on line 6a 38,401,491
7 Capital gain net income (from Part IV, line 2)... 0
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)....... 57,464 416  
12 Total. Add lines 1 through 11........ 1,227,270 1,923,236  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 268,385 268,385    
17 Interest............... 70 70    
18 Taxes (attach schedule) (see instructions)... 45,247 27,547    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 158,328 77,887   80,212
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 472,030 373,889   80,212
25 Contributions, gifts, grants paid....... 5,882,000 5,882,000
26 Total expenses and disbursements. Add lines 24 and 25 6,354,030 373,889   5,962,212
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,126,760
b Net investment income (if negative, enter -0-) 1,549,347
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.............      
2 Savings and temporary cash investments......... 7,034,919 1,362,549 1,362,549
3 Accounts receivable bullet2,395
Less: allowance for doubtful accounts bullet   2,373 2,395 2,395
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) 7,889,487 Click to see attachment8,811,643 9,260,113
b Investments—corporate stock (attach schedule)....... 63,830,226 Click to see attachment60,866,183 79,905,867
c Investments—corporate bonds (attach schedule)....... 9,210,545 Click to see attachment11,133,247 14,589,997
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 22,178,199 Click to see attachment22,842,972 26,332,692
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) 110,145,749 105,018,989 131,453,613
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 110,145,749 105,018,989
29 Total net assets or fund balances (see instructions)..... 110,145,749 105,018,989
30 Total liabilities and net assets/fund balances (see instructions). 110,145,749 105,018,989
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
110,145,749
2
Enter amount from Part I, line 27a .....................
2
-5,126,760
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
105,018,989
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
105,018,989
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b WHITEBOX MULTI-STRATEGY LTD P 2018-10-26 2020-10-08
c WHITEBOX MULTI-STRATEGY LTD P 2018-10-26 2020-10-23
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 37,450,594   38,203,607 -753,013
b 903,049   903,049  
c 47,848   47,848  
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       -753,013
b        
c        
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 -753,013
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 21,536
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 21,536
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 21,536
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 53,400
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 53,400
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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 31,864
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet21,600 RefundedBullet 11 10,264
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)
    bulletDE
    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 addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Kate Mininger Dir, Sec
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Susan Rupp Dir, VP
    10.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Elizabeth Warehime Dir, Treas
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Patricia Warehime Dir, Pres
    10.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    UBS Financial Services Investment MGMT 268,385
    500 EAST PRATT STREET 11TH FL
    BALTIMORE,MD21202
    Foundation Source Administrative 80,000
    55 Walls Drive 3rd Fl
    Fairfield,CT06824
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    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
    90,288,316
    b
    Average of monthly cash balances.......................
    1b
    6,214,805
    c
    Fair market value of all other assets (see instructions)................
    1c
    26,512,513
    d
    Total (add lines 1a, b, and c).........................
    1d
    123,015,634
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    123,015,634
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,845,235
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    121,170,399
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,058,520
    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
    6,058,520
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    21,536
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    21,536
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,036,984
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    6,036,984
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    6,036,984
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    5,962,212
    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
    5,962,212
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    5,962,212
    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 6,036,984
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 5,845,112
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 5,962,212
    a Applied to 2019, but not more than line 2a 5,845,112
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2020 distributable amount..... 117,100
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
     
    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......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
     
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    5,919,884
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
     
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
     
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    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.... 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).)
    KATE MININGER
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    DELONE CATHOLIC HIGH SCHOOL
    140 S OXFORD AVE
    MCSHERRYSTOWN,PA17344
    N/A PC Tuition Assistance fund for DCHS students; Advancement and Enrollment: to continue funding of staffing; Technology Resources/Safety/Facilities Upgrades to upgrade/expand technology to implement blended learning 400,000
    DELONE CATHOLIC HIGH SCHOOL
    140 S OXFORD AVE
    MCSHERRYSTOWN,PA17344
    N/A PC General & Unrestricted 100,000
    DIOCESE OF HARRISBURG
    4800 UNION DEPOSIT RD
    HARRISBURG,PA17111
    N/A PC St. Teresa of Calcutta Catholic School McSherrystown, PA 325,000
    FEEDING AMERICA
    161 N CLARK ST SUITE 700
    CHICAGO,IL60601
    N/A PC General & Unrestricted 600,000
    FOOD CONNECT CO
    2407 GRAYS FERRY AVE
    PHILADELPHIA,PA19146
    N/A PC General & Unrestricted 250,000
    FOOD FIX CAMPAIGN INC
    205 N MICHIGAN AVE STE 3910
    CHICAGO,IL60601
    N/A PC General & Unrestricted 1,000,000
    HANOVER AREA COUNCIL OF CHURCHES
    PO BOX 1561
    HANOVER,PA17331
    N/A PC General & Unrestricted 250,000
    HANOVER PUBLIC LIBRARY ASSOCIATION INC
    2 LIBRARY PL
    HANOVER,PA17331
    N/A PC General & Unrestricted 100,000
    HOPE PARTNERSHIP FOR EDUCATION
    PO BOX 18718
    PHILADELPHIA,PA19132
    N/A PC General & Unrestricted 300,000
    HOUSE OF RUTH MARYLAND INC
    2201 ARGONNE DR
    BALTIMORE,MD21218
    N/A PC General & Unrestricted 200,000
    KEYSTONE KIDSPACE
    37 N QUEEN ST
    YORK,PA17403
    N/A PC General & Unrestricted 100,000
    NORTHEASTERN PENNSYLVANIA EDUCATIONAL TELEVISION A
    100 WVIA WAY
    PITTSTON,PA18640
    N/A PC General & Unrestricted 15,000
    PHILABUNDANCE
    3616 S GALLOWAY ST
    PHILADELPHIA,PA19148
    N/A PC General & Unrestricted 72,000
    RODALE INSTITUTE
    611 SIEGFRIEDALE RD
    KUTZTOWN,PA19530
    N/A PC General & Unrestricted 1,000,000
    SUSAN P BYRNES HEALTH EDUCATION CENTER INC
    515 SOUTH GEORGE ST
    YORK,PA17401
    N/A PC FUND FOR NEW teaching exhibit in one of our teaching theater 50,000
    THE NATURE CONSERVANCY - SOUTH EAST PA OFFICE
    555 E NORTH LANE STE 6030
    CONSHOHOCKEN,PA19428
    N/A PC Long Pond, PA Office 250,000
    WASHINGTON COLLEGE
    300 WASHINGTON AVE
    CHESTERTOWN,MD21620
    N/A PC The Warehime Business Management Faculty Support Fund, Phase I 500,000
    YORK COUNTY COMMUNITY FOUNDATION
    14 W MARKET ST
    YORK,PA17401
    N/A PC COVID-19 Fund 40,000
    YORK COUNTY FOOD BANK
    254 W PRINCESS ST
    YORK,PA17401
    N/A PC General & Unrestricted 80,000
    YOUNG WOMENS CHRISTIAN ASSOCIATION
    23 W CHESTNUT ST
    HANOVER,PA17331
    N/A PC Expand services and funding for Safe Home which now extends to all of Adams County as well as inclusion of education/service for human trafficking. Maintain/expand safe child care to low income workers. Educate and engage the community promoting racial justice and social equity 250,000
    Total .................................bullet 3a 5,882,000
    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 ...........
        14 33,471  
    4 Dividends and interest from securities....     14 1,889,349  
    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 -753,014  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss
        14 416  
    bFederal Tax Refund     01 57,048  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,227,270  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,227,270
    (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

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

    TY 2020 DepreciationSchedule
    Name:
    JHC Foundation
    EIN:
    82-4058364
    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

    TY 2020 GeneralExplanationAttachment
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Identifier Return Reference Explanation
    Form 8865 990-Pf Foreign Filing - Form 8865 Form 8865 The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.
    Form 926 990-Pf Foreign Filing - Form 926 Form 926 The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBVIE INC - 3.200% - 11/21/20 174,804 173,709
    ALEXANDRIA REAL ESTATE - 4.900 88,411 89,081
    AMERICAN ELEC PWR INC - 1.000% 170,689 172,023
    AMGEN INC - 2.200% - 02/21/202 164,655 165,405
    ANHEUSER-BUSCH - 3.650% - 02/0 157,431 163,868
    ANTHEM INC NOTE - 3.650% - 12/ 129,782 155,606
    AON CORP - 2.800% - 05/15/2030 164,090 163,646
    APPLE INC - 2.850% - 02/23/202 260,495 278,133
    AT&T INC - 4.125% - 02/17/2026 131,659 156,059
    AVALONBAY CMNTYS INC - 2.950% 76,955 77,822
    BANK OF AMERICA - 4.271% - 07/ 210,637 220,289
    BOSTON PPTYS - 3.800% - 02/01/ 67,022 70,558
    CALIFORNIA HEALTH FACS - 1.896 156,127 155,973
    CITIGROUP INC - 3.200% - 10/21 194,317 234,711
    COMCAST CORP - 3.150% - 03/01/ 195,775 228,874
    DEERE JOHN CAP CORP - 3.650% - 196,496 212,885
    DISNEY WALT CO - 2.000% - 09/0 210,249 224,326
    DTE ENERGY CO - 1.050% - 06/01 145,563 146,628
    ENBRIDGE INC - 2.900% - 07/15/ 63,044 67,401
    GOLDMAN SACHS GROUP INC - 3.62 128,359 138,727
    GOLDMAN SACHS GROUP INC - 4.00 155,870 160,221
    HOME DEPOT INC - 2.800% - 09/1 193,918 228,112
    JP MORGAN CHASE BANKNA NOTE - 209,160 219,618
    LINCOLN NATL CORP - 3.050% - 0 86,606 89,228
    MICROSOFT CORP - 2.700% - 02/1 260,807 293,311
    MORGAN STANLEY - 3.875% - 04/2 156,337 160,465
    MORGAN STANLEY FIN LLC - 0.000 4,000,000 6,957,999
    NEXTERA ENERGY - 2.900% - 04/0 132,019 134,142
    NOVARTIS CAPITAL CORP - 2.400% 195,494 207,380
    NSTAR ELEC CO - 2.375% - 10/15 193,802 206,030
    PEPSICO INC - 3.000% - 10/15/2 187,116 219,968
    PNC FINL SVCS - 3.500% - 01/23 131,936 136,175
    PROLOGIS LP - 1.250% - 10/15/2 171,906 173,184
    PUBLIC SERVICE ENTERPRIS - 2.8 160,865 166,093
    SCHLUMBERGER - 3.650% - 12/01/ 131,327 140,870
    SHELL INTERNATIONAL - 3.250% - 234,999 243,607
    SIMON PPTY GROUP LP - 2.000% - 135,005 141,082
    STATE STR CORP NOTE - 2.354% - 205,098 245,477
    STATOIL - 2.650% - 01/15/2024 204,773 216,658
    TARGET CORP - 2.250% - 04/15/2 158,039 160,848
    THERMO FISHER - 4.497% - 03/25 163,400 162,470
    TOTAL CAPITAL - 3.455% - 02/19 119,869 138,651
    UNITEDHEALTH GROUP INC - 3.750 208,390 216,344
    VERIZON COMMUNICATIONS INC - 5 127,483 135,065
    XCEL ENERGY INC - 4.000% - 06/ 122,468 141,275

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AALBERTS INDUSTRIES 134,263 150,651
    ACCENTURE PLC 488,071 821,767
    ADOBE SYSTEMS, INC 245,084 503,121
    AGCO CP 195,971 325,867
    AIRPORTS OF THAILAND PUBLIC CO 170,149 174,273
    ALCON INC 112,984 128,529
    ALLEGION PLC 319,716 378,701
    ALPHABET INC CL A 595,279 955,189
    AMAZON COM 897,232 1,602,410
    AMERICAN ELECTRIC POWER INC 130,896 122,157
    AMERICAN TOWER REIT INC 359,867 454,980
    AMERICAN WELL CORP 142,504 126,169
    AMERIPRISE FINANCIAL INC 361,092 545,484
    AMGEN INC 336,209 310,622
    ANALOG DEVICES INC 178,772 222,629
    ANSYS INC 160,438 236,470
    AON PLC CL A 191,503 251,411
    APPLE INC 455,323 593,257
    APTIV PLC 246,609 460,575
    ASML HOLDING NV NY REG SHS 115,718 176,067
    ASPEN TECHNOLOGY, INC 186,344 251,252
    AUTODESK, INC 97,330 204,578
    BALL CP 82,172 146,572
    BANCA MEDIOLANUM SPA EUR 119,117 161,422
    BENTLEY SYSTEMS INC CL B 221,419 279,560
    BERKLEY W R CP 265,967 308,056
    BIO RAD LABS INC CL A 107,486 168,470
    BLACKROCK INC 208,931 314,591
    BLOOM ENERGY CORP 137,577 178,781
    BRAMBLES LTD UNSP AD 107,620 129,005
    BRIGHT HORIZONS FAMILY SOLUTIO 374,407 477,798
    BUNGE LTD 183,739 301,930
    CADENCE DESIGN SYSTEMS INC 157,689 174,630
    CDW CORP 241,840 308,916
    CHARLES RIV LABORATORIES INTL 230,162 412,769
    CHEMED CORP 231,320 272,696
    CHUBB LIMITED 295,631 357,248
    CISCO SYSTEMS INC 393,261 405,972
    COMCAST CORP 492,646 690,370
    CONTL AG SPONS ADR 269,572 305,408
    COOPER COMPANIES INC 312,655 374,220
    COPART INC 197,020 355,918
    COSTCO WHOLESALE CORPORATION 240,135 413,704
    CRANE CO 129,510 127,673
    DANAHER CORP 221,817 439,393
    DIAGEO PLC ADS 236,046 256,161
    DIGITAL RLTY TR INC 204,974 233,958
    DOCUSIGN INC 194,453 431,262
    DOLLAR GENERAL CORP 153,809 166,978
    DYNATRACE 169,500 181,388
    ECOLAB INC 343,891 468,852
    EDWARDS LIFESCIENCES 118,909 142,136
    ELANCO ANIMAL HEALTH INCORPORA 213,744 257,383
    EQUIFAX INC 220,784 305,651
    EQUINOR ASA 183,530 176,531
    ESTEE LAUDER COMPANIES INC 59,847 101,152
    ETSY INC 87,823 169,548
    EXPONENT, INC 160,830 189,063
    FACEBOOK INC 339,609 565,714
    FAIR ISSAC & CO INC 125,703 214,126
    FANUC LIMITED UNSPONSORED 201,780 217,889
    FIDELITY NATIONAL INFORMATION 238,710 248,545
    FISHER AND PAYKEL HEALTHCARE 77,094 100,744
    FLIR SYSTEMS INC 159,271 203,897
    FORTIVE CORPORATION 141,570 165,648
    GALAPAGOS NV 91,558 79,679
    GENMAB A/S SPON 78,501 144,018
    HENRY JACK & ASSOC INC 217,093 212,855
    HEXAGON 66,568 117,482
    HILL-ROM HOLDINGS, INC 201,649 205,541
    HOME DEPOT INC 512,599 726,471
    HONEYWELL INTL 137,794 198,662
    HOYA CORP SPONS ADR 156,464 238,164
    IDEXX CORP 112,032 244,936
    INCYTE CORPORATION 63,633 71,672
    INFINEON TECH ADS 110,184 228,640
    INTEL CORP 320,793 329,958
    INTERACTIVE BROKERS GROUP, INC 134,206 180,262
    INTERCONTINENTAL EXCHANGE, INC 107,788 160,138
    INTUIT 146,258 256,019
    IPG PHOTONICS CORP 110,721 192,683
    ISHARES INC ISHARES MSCI EM ES 2,236,080 2,539,790
    ISHARES MSCI KLD 400 SOCIAL IN 1,724,688 2,028,731
    ISHARES TRUST ISHARES MSCI EAF 5,544,897 6,761,095
    ISHARES TRUST MSCI EAFE INDEX 1,512,049 1,814,588
    JOHNSON & JOHNSON 379,017 437,202
    JP MORGAN CHASE 271,594 338,133
    JPMORGAN CHASE FINL CB-GEARS S 3,200,001 3,433,600
    KERRY GROUP PLC 81,777 108,069
    KUBOTA CORPORATION 49,400 74,148
    LAIDLAW INTL 114,236 101,482
    LENNOX INTL INC 205,922 284,381
    LINDE PLC COM 318,037 494,081
    LOCKHEED MARTIN CORP 207,777 255,586
    LOWES COMPANIES INC 113,904 200,798
    LYFT INC 157,181 234,006
    MARAVAI LIFESCIENCES HOLDINGS 105,103 94,444
    MARSH AND MCLENNAN COMPANIES I 212,392 290,160
    MARVEL TECH INC 82,536 206,371
    MCDONALD'S CORP 272,344 331,526
    MEDTRONIC PLC 529,882 673,789
    METLIFE INC 115,115 135,263
    MICRON TECHNOLOGY 103,259 203,212
    MICROSOFT CORP 1,011,277 2,087,412
    MIRATI THERAPEUTICS INC 55,703 106,086
    MONDELEZ INTERNATIONAL INC 109,241 137,580
    MONOLITHIC POWER SYSTEMS, INC 67,125 193,003
    MORGAN STANLEY T-GEARS 4/28/20 4,000,001 4,694,401
    MOWI ASA SPONSORED ADR 261,109 246,726
    MSA SAFETY INCORPORATED 159,628 220,500
    MSCI INC 352,871 506,812
    NESTE ORD SHS 77,554 102,446
    NEXTERA ENERGY, INC 116,533 185,469
    NIKE INC-CL B 213,665 323,259
    NORDSON CP 301,287 441,688
    NOVARTIS AG ADR 290,204 325,217
    NXP SEMICONDUCTORS 106,212 205,441
    O'REILLY AUTOMOTIVE INC 151,063 201,846
    ON SEMICONDUCTOR 120,614 257,945
    ORPEA SA 148,981 161,069
    PALO ALTO NETWORKS INC 223,320 369,606
    PARKER HANNIFIN CP 158,403 227,190
    PHILLIPS 66 229,417 230,592
    PING AN INSURANCE GROUP ADR 132,663 140,826
    POOL CORP 220,517 419,435
    PRE-PAID LEGAL SERVICES 147,401 152,005
    PRELUDE THERAPEUTICS INC 84,786 137,805
    PROCTER GAMBLE CO 261,094 339,084
    PRYSMIAN SPA 237,138 395,466
    PT BANK CENTRAL ASIA TBK 227,021 310,035
    PTC INC 313,203 507,864
    RAYTHEON TECHNOLOGIES CORP 147,429 179,061
    REPUBLIC SVCS INC 133,874 173,051
    ROCKWELL AUTOMATION INC 206,374 298,213
    ROLLINS INC 141,758 226,215
    SAGE GROUP PLC 179,544 173,244
    SALESFORCE.COM 341,360 441,722
    SCOTTS CO. CLASS A 366,158 647,006
    SERVICE NOW 109,568 203,659
    SHERWIN-WILLIAMS CO 129,996 171,969
    SITEONE LANDSCAPE SUPPLY INC 210,125 455,744
    SLM CORP 150,714 226,006
    SOLAREDGE TECHNOLOGIES INC 74,335 175,835
    SPECTRIS PLC 245,191 287,307
    SQUARE INC 91,221 117,090
    STARBUCKS CORP COM 80,815 139,930
    STARWOOD REAL ESTATE INCOME TR 5,439,930 5,813,031
    STERICYCLE INC 154,796 248,825
    T. ROWE PRICE GROUP 130,181 209,978
    TAKEDA PHARMACEUTICAL COMPANY 139,896 137,192
    TERADYNE INC 297,551 574,153
    TEXAS INSTRUMENTS INC 284,916 397,851
    THE COCA-COLA CO 371,892 427,258
    THERMO FISHER SCIENTIFIC INC 292,275 552,881
    THOR INDS INC 173,696 330,858
    TJX COMPANIES INC 210,918 283,130
    TRIMBLE NAV LTD 97,802 200,043
    TRUIST FINANCIAL CORPORATION 149,445 153,855
    TYLER TECHNOLOGIES, INC 69,778 136,194
    UNION PACIFIC 234,502 314,829
    UNITED PARCEL SERVICE 192,604 197,196
    UNITEDHEALTH GROUP INC 731,720 966,825
    UNIVERSAL DISPLAY CORP 113,160 137,880
    V F CORP 272,247 313,540
    VANGUARD FTSE EMERGING MARKETS 2,231,207 2,870,201
    VERISK ANALYTICS, INC 132,526 232,293
    VINCI (EX.SGE) 258,706 245,286
    VISA INC 430,256 650,066
    VMWARE INC 243,514 252,468
    WATTS WATER TECHNOLOGIES INC 180,237 222,346
    WEST PHARMA SVCS INC 91,303 212,483
    YARA INTL ASA SPON ADR 140,268 149,477
    ZEBRA TECHNOLOGIES CORP 240,674 464,655
    ZENDESK INC 93,734 142,691

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    JHC Foundation
    EIN:
    82-4058364
    US Government Securities - End of Year Book Value:

    5,889,362
    US Government Securities - End of Year Fair Market Value:

    6,180,613
    State & Local Government Securities - End of Year Book Value:


    2,922,281
    State & Local Government Securities - End of Year Fair Market Value:


    3,079,500


    TY 2020 InvestmentsOtherSchedule2
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BLACKSTONE REAL ESTATE INCOME   5,480,823 5,785,912
    GRAHAM ABSOLUTE RETURN LTD   4,000,000 4,252,583
    INSIGHT PARTNERS (CAYMAN) XI L   1,373,885 1,843,560
    LIGHT STREET XENON LTD   4,000,000 5,327,344
    NINETEEN77 GLOBAL MERGER ARBIT   4,000,000 5,162,639
    STRATEGIC PARTNERS OFFSHORE VI   939,161 1,970,671
    WHITEBOX MULTI-STRATEGY LTD   3,049,103 1,989,983

    TY 2020 OtherExpensesSchedule
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 80,000     80,000
    Bank Charges 5,585 5,585    
    K-1 Exp INSIGHT PARTNERS (CAYM 72,531 72,302    
    Postage/Delivery Service 187     187
    State or Local Filing Fees 25     25


    TY 2020 OtherIncomeSchedule2
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss INSIGHT PARTNERS (CAYMAN) XI LP 416 416  
    Federal Tax Refund 57,048    


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 268,385 268,385    


    TY 2020 TaxesSchedule
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 17,700      
    Foreign Tax Paid 27,547 27,547