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
Mark Paul Terk Charitable Trust
 
% 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

80-6084948
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$26,410,369J 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 1,969 1,969  
4 Dividends and interest from securities... 317,666 317,666  
5a Gross rents............ 289,657 289,657  
b Net rental income or (loss) -294,224
6a Net gain or (loss) from sale of assets not on line 10 559,093
b Gross sales price for all assets on line 6a 2,243,521
7 Capital gain net income (from Part IV, line 2)... 559,093
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 12,436 341  
12 Total. Add lines 1 through 11........ 1,180,821 1,168,726  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 385,516     385,516
14 Other employee salaries and wages...... 2,075 2,075    
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 127,509 12,897 0 114,612
b Accounting fees (attach schedule)....... Click to see attachment 3,080 3,080 0 0
c Other professional fees (attach schedule).... Click to see attachment 87,261 87,261    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,370      
19 Depreciation (attach schedule) and depletion... Click to see attachment 168,685 201,463  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 5,590 5,590    
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 487,462 399,647   87,815
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,275,548 712,013 0 587,943
25 Contributions, gifts, grants paid....... 1,644,000 1,644,000
26 Total expenses and disbursements. Add lines 24 and 25 2,919,548 712,013 0 2,231,943
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,738,727
b Net investment income (if negative, enter -0-) 456,713
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......... 1,282,668 1,417,758 1,417,758
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) 1,106,791 Click to see attachment798,107 825,419
b Investments—corporate stock (attach schedule)....... 10,175,760 Click to see attachment9,123,086 15,965,395
c Investments—corporate bonds (attach schedule)....... 1,688,678 Click to see attachment1,332,818 1,301,845
11 Investments—land, buildings, and equipment: basis bullet4,638,826
Less: accumulated depreciation (attach schedule) bullet1,437,071 3,370,440 Click to see attachment3,201,755 6,232,924
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 657,702 Click to see attachment669,788 667,028
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) 18,282,039 16,543,312 26,410,369
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 attachment25,780 Click to see attachment25,780
23 Total liabilities (add lines 17 through 22)......... 25,780 25,780
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 18,256,259 16,517,532
29 Total net assets or fund balances (see instructions)..... 18,256,259 16,517,532
30 Total liabilities and net assets/fund balances (see instructions). 18,282,039 16,543,312
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
18,256,259
2
Enter amount from Part I, line 27a .....................
2
-1,738,727
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
16,517,532
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
16,517,532
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
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,243,521   1,684,428 559,093
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       559,093
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 2 559,093
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 6,348
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 6,348
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 6,348
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 10,200
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 10,200
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 3,852
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet3,852 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Glenn R Staack Trustee
    40.0     		385,516 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
    A J Clarke Real Estate Corp Real Estate Mgt 293,388
    PO BOX 516
    CHAMPLAIN,NY12919
    Seyfarth Shaw LLP LEGAL 114,612
    3807 Collections Center Drive
    Chicago,IL60693
    Cetera Advisor Networks LLC Investment MGMT 86,261
    PO BOX 14474
    DES MOINES,IA503063474
    Foundation Source Administrative 85,000
    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
    16,637,509
    b
    Average of monthly cash balances.......................
    1b
    1,536,287
    c
    Fair market value of all other assets (see instructions)................
    1c
    6,899,742
    d
    Total (add lines 1a, b, and c).........................
    1d
    25,073,538
    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
    25,073,538
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    376,103
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    24,697,435
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,234,872
    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
    1,234,872
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    6,348
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,348
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,228,524
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,228,524
    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
    1,228,524
    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
    2,231,943
    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
    2,231,943
    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
    2,231,943
    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 1,228,524
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 1,224,946
    b From 2016...... 1,120,102
    c From 2017...... 4,523,498
    d From 2018...... 810,127
    e From 2019...... 2,766,460
    fTotal of lines 3a through e........ 10,445,133
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,231,943
    a Applied to 2019, but not more than line 2a  
    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..... 1,228,524
    e Remaining amount distributed out of corpus 1,003,419
    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 11,448,552
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		1,224,946
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		10,223,606
    10 Analysis of line 9:
    a Excess from 2016.... 1,120,102
    b Excess from 2017.... 4,523,498
    c Excess from 2018.... 810,127
    d Excess from 2019.... 2,766,460
    e Excess from 2020.... 1,003,419
    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).)
    NONE
    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
    COLCHESTER AREA GATHERING PLACE
    711 MACOMB ST
    COLCHESTER,IL62326     		N/A PC General & Unrestricted 24,000
    HUMANE SOCIETY OF UVALDE
    PO BOX 1650
    UVALDE,TX78802     		N/A PC fund the Flights To Furever program 10,000
    MARK TERK CHARITABLE FOUNDATION
    4760 PRESTON RD STE 244-359
    FRISCO,TX75034     		N/A POF Expenditure Responsibility Grant 1,585,000
    UVALDE COUNTY JUNIOR LIVESTOCK SHOW ASSOCIATION
    PO BOX 1908
    UVALDE,TX78802     		N/A PC General & Unrestricted 25,000
    Total .................................bullet 3a 1,644,000
    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 1,969  
    4 Dividends and interest from securities....     14 317,666  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 -294,224  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 559,093  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss     		    14 341  
    bINCOME FROM LIFE INSURANCE     01 12,095  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   596,940  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    596,940
    (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:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Audit Fees 2,880 2,880    
    TAX RETURN PREPARATION/REVIEW 200 200    

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    TY 2020 DepreciationSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    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
    HUDSON 11A 2012-06-26 549,080 150,080 SL 27 19,967 19,967 19,967  
    HUDSON 14A 2012-06-26 360,668 98,578 SL 27 13,115 13,115 13,115  
    HUDSON 6B 2012-06-26 153,936 42,077 SL 27 5,598 5,598 5,598  
    HUDSON 14B 2012-06-26 192,352 52,577 SL 27 6,995 6,995 6,995  
    HUDSON 8D 2012-06-26 317,408 86,754 SL 27 11,542 11,542 11,542  
    HUDSON 9D 2012-06-26 325,380 88,934 SL 27 11,832 11,832 11,832  
    HUDSON 1E 2012-06-26 283,836 77,577 SL 27 10,321 10,321 10,321  
    HUDSON 15E 2012-06-26 387,804 105,996 SL 27 14,102 14,102 14,102  
    HUDSON 16E 2012-06-26 274,088 74,916 SL 27 9,967 9,967 9,967  
    HUDSON 6F 2012-06-26 230,920 63,115 SL 27 8,397 8,397 8,397  
    HUDSON 9F 2012-06-26 245,270 67,039 SL 27 8,919 8,919 8,919  
    HUDSON 6G 2012-06-26 169,940 46,451 SL 27 6,180 6,180 6,180  
    HUDSON 9G 2012-06-26 179,476 49,052 SL 27 6,526 6,526 6,526  
    HUDSON 5H 2012-06-26 360,668 98,578 SL 27 13,115 13,115 13,115  
    REGO PARK A1 2008-05-25 151,000 41,392 SL 27 5,491 5,491 5,491  
    REGO PARK B16 2008-05-25 152,000 41,664 SL 27 5,527 5,527 5,527  
    REGO PARK D8 2008-05-25 154,000 42,214 SL 27 5,600 5,600 5,600  
    REGO PARK E4 2008-05-25 151,000 41,392 SL 27 5,491 5,491 5,491  

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    TY 2020 ExpenditureResponsibilityStmt
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2019-02-25 350,000 TO SUPPORT GENERAL OPERATING EXPENSES 350,000 NO 10/1/20   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2019-04-09 400,000 TO SUPPORT GENERAL OPERATING EXPENSES 400,000 NO 10/1/20   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2019-06-11 1,000,000 TO SUPPORT GENERAL OPERATING EXPENSES 1,000,000 NO 10/1/20   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2019-07-17 450,000 TO SUPPORT GENERAL OPERATING EXPENSES 450,000 NO 10/1/20   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2019-10-03 250,000 TO SUPPORT GENERAL OPERATING EXPENSES 250,000 NO 10/1/20   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2019-12-30 450,000 TO SUPPORT GENERAL OPERATING EXPENSES 450,000 NO 10/1/20   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-03-20 60,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2021   none necessary
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-05-18 75,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2021   none necessary
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-06-19 25,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2021   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-06-29 300,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2021   none necessary
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-07-23 100,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2021   none necessary
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-08-20 200,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2021   none necessary
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-10-20 300,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2021   none necessary
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-11-12 300,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2021   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-12-17 225,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2021   NONE NECESSARY
    Stewards Real Estate Holding Inc
          		4760 Preston Rd Ste 244-359
    Frisco,TX75034     		2017-05-18 2,000,000 PRI INVEST-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE GRANT DATES, AMTS, & AMTS EXPENDED   NO 7/24/19, 10/1/20   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE.

    TY 2020 GeneralExplanationAttachment
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Identifier Return Reference Explanation
    FORM 990-PF, PART VII-B, LINE 5C - EXPENDITURE RESPONSIBILITY FORM 990-PF, PART VII-B, LINE 5C - EXPENDITURE RESPONSIBILITY PRI RECIPIENT: Stewards Real Estate Holding, Inc. DATES AND AMOUNTS OF PRI: DATE: 5/18/2017 AMOUNT: $2,000,000 DATE: 5/19/2017 AMOUNT: $600,000 DATE: 6/6/2017 AMOUNT: $200,000 DATE: 6/29/2017 AMOUNT: $150,000 DATE: 7/13/2017 AMOUNT: $250,000 DATE: 8/11/2017 AMOUNT: $500,000 DATE: 11/7/2017 AMOUNT: $250,000 DATE: 1/12/2018 AMOUNT: $300,000 DATE: 1/29/2018 AMOUNT: $200,000 DATE: 5/17/2018 AMOUNT: $200,000 DATE: 7/10/2018 AMOUNT: $300,000 TOTAL: $4,650,000 PURPOSE OF PRI: To acquire, maintain, renovate, pay debt service for and operate the Morani River Ranch, in conjunction with Stewards of Wildlife Conservation, Inc. REPORTS OF AMOUNTS EXPENDED: Recipient submitted a full and complete financial report of the type ordinarily required by commercial investors under similar circumstances and a statement that it has complied with the terms of the investment for each of its fiscal years indicated below: Date of Report: 7/24/19 FOR FYE 12/31/17 Date of Report: 10/01/20 FOR FYE 12/31/18 Date of Report: 10/01/20 FOR FYE 12/31/19 This investment was written off the foundation's books as of 1/29/19, as it was converted to Mark Terk Charitable Foundation, a 501(c)(3) private operating foundation. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AIG INC - 4.872% - 06/01/2022 85,867 79,572
    AIRCASTLE LTD - 5.125% - 03/15 20,664 20,159
    ALCOA INC - 5.125% - 10/01/202 20,250 22,017
    BALL CORP - 4.000% - 11/15/202 20,172 21,300
    BURLINGTON NORTHN SANTA - 6.15 38,826 45,344
    CALUMET SPECIALTY PRODS - 7.62 21,468 19,800
    CENTURY LINK INC - 7.375% - 06 20,663 24,300
    CHESAPEAKE ENERGY CORP - 6.125 19,949 900
    CLOUD PEAK ENERGY RES - 6.375% 20,571  
    COMCAST CORP - 7.050% - 03/15/ 19,618 23,032
    CROWN CASTLE INTL CORP - 5.250 21,349 21,885
    EL PASO ENERGY CORP - 7.750% - 17,598 21,685
    EL PASO ENERGY CORP - 7.800% - 5,947 7,140
    FORD MTR CO - 7.450% - 07/16/2 19,392 19,238
    FRONTIER COMMUNICATIONS CORP - 16,173 7,350
    FRONTIER COMNS - 8.750% - 04/1 5,871 2,513
    GENL MOTORS FINL CO INC - 4.25 20,059 21,555
    GEORGIA PAC CORP - 8.000% - 01 27,277 24,403
    GOLDMAN SACHS GROUP INC - 5.25 78,780 77,106
    GOLDMAN SACHS GROUP INC - 6.12 38,183 50,414
    HORNBECK OFFSHORE SRV INC - 5. 21,612 2
    JPMORGAN CHASE & CO - 3.875% - 72,918 76,879
    JPMORGAN CHASE - 7.900% - 12/3 14,076 11,975
    KINDER MORGAN ENERGY PARTNERS 36,108 36,003
    LIBERTY MEDIA CORP - 8.250% - 21,292 22,425
    MICROSOFT CORP - 2.700% - 02/1 55,070 59,749
    MORGAN STANLEY BD - 5.500% - 0 20,328 20,588
    MORGAN STANLEY FR - 3.700% - 1 35,061 38,948
    MOSAIC CO - 4.250% - 11/15/202 20,083 21,829
    NEWFIELD EXPLORATION CO - 5.75 5,290 5,193
    NOVARTIS CAPITAL CORP - 3.400% 35,775 39,492
    NUSTAR LOGISTICS LP - 6.750% - 22,135 20,050
    PNC FIN - 6.750% - 12/31/2049 29,013 25,619
    ROYAL CARIBBEAN CRUISES LTD - 32,373 30,113
    STARWOOD HOTELS - 4.500% - 10/ 29,127 34,272
    TECK RESOURCES LTD - 6.125% - 33,205 38,685
    TYSON FOODS INC NOTE - 4.875% 30,624 39,297
    U S BANCORP MTNS BK SR NT - 4. 81,601 75,870
    VERIZON COMMUNICATIONS INC - 5 58,386 61,905
    VIACOM INC - 6.875% - 04/30/20 18,922 21,696
    WELLS FARGO CO MTN BE - 3.300% 35,521 39,428
    WEYERHAEUSER CO DEB - 7.375% - 19,017 22,494
    WILLIAMS COS - 4.550% - 06/24/ 20,060 22,387
    WINDSTREAM CORP SR NT - 7.750% 22,079 1
    WPX ENERGY INC - 5.250% - 09/1 24,465 27,232

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADIENT PLC 2,888 2,156
    AMERICAN AIRLINES GROUP INC 63,948 23,655
    APPLE INC 108,466 530,760
    BERKSHIRE HATHAWAY INC. CLASS 97,094 173,903
    BMY CONTINGENT VALUE RIGHTS 1,065 345
    BRISTOL-MYERS SQUIBB CO 27,950 31,015
    CONSTELLATION BRANDS INC 33,729 54,763
    CONSUMER DISCRETIONARY SELECT 221,676 466,262
    CUMMINS INC 49,076 113,550
    DB X TRACKERS MSCI EAFE HEDGED 144,862 161,059
    DELTA AIR LINES INC 68,457 60,315
    EVEREST RE GROUP LTD 17,540 23,409
    FIDELITY MSCI INFORMATION TECH 167,037 522,550
    FINANCIAL SELECT SECTOR SPDR F 412,380 606,109
    FIREEYE INC 35,251 23,060
    GENERAL ELECTRIC CO 32,207 10,800
    GENERAL MOTORS 111,298 145,740
    GILEAD SCIENCES INC 51,799 29,130
    GOLDMAN SACHS GROUP 45,572 65,928
    GROUP 1 AUTOMOTIVE INC 20,155 32,785
    INVESCO QQQ TRUST 712,427 2,130,294
    ISHARE SP SMALL CAP 600 INDEX 164,244 282,501
    ISHARES CURRENCY HEDGED MSCI E 201,185 216,611
    ISHARES GOLD TRUST 121,906 189,712
    ISHARES MSCI EMERGING MARKETS 185,876 206,680
    ISHARES NASDAQ BIOTECHNOLOGY 160,305 234,052
    ISHARES RUSSELL 2000 264,541 431,528
    ISHARES S&P 500 INDEX FD 130,828 355,494
    ISHARES TR S & P MIDCAP 400 IN 201,408 303,376
    ISHARES TRUST MSCI EAFE INDEX 208,373 218,880
    JOHNSON CONTROLS INTERNATIONAL 28,602 29,165
    KBW REGIONAL BANKING ETF 305,166 363,650
    MONDELEZ INTERNATIONAL INC 34,039 43,853
    MORGAN STANLEY 66,342 137,060
    NIKE INC-CL B 77,209 169,764
    PEABODY ENERGY CORP 1,689 157
    PROSHARES SHR MSCI E 200,679 101,883
    SELECT SECTOR SPDR ENERGY FUND 258,018 132,650
    SELECT SECTOR SPDR INDUSTRIAL 84,365 196,670
    SELECT SECTOR SPDR-HEALTH CARE 172,765 270,101
    SPDR DOW JONES INDUSTRIAL AVER 217,506 382,238
    SPDR S&P 500 ETF TRUST 753,322 1,403,171
    SPDR S&P DIVIDEND ETF 152,113 211,860
    SPDR S&P MIDCAP 400 EFT TRUST 538,079 994,370
    TECHNOLOGY SPDR 239,702 650,100
    THE BLACKSTONE GROUP INC CL A 33,044 64,810
    VANGUARD FTSE EUROPEAN ETF 595,817 662,640
    VANGUARD HIGH DIV YIELD 249,774 347,738
    VANGUARD INFORMATION TECHNOLOG 207,577 727,745
    VANGUARD S&P SMALL CAP 600 202,800 335,540
    VANGUARD SF REIT ETF 185,052 227,018
    VANGUARD TOTAL STOCK MARKET ET 406,769 775,834
    WABTEC 385 366
    WALT DISNEY HOLDINGS CO 48,729 90,590

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    US Government Securities - End of Year Book Value:

    731,879
    US Government Securities - End of Year Fair Market Value:

    749,301
    State & Local Government Securities - End of Year Book Value:


    66,228
    State & Local Government Securities - End of Year Fair Market Value:


    76,118


    TY 2020 InvestmentsLandSchedule2
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    HUDSON 11A 549,080 170,047 379,033  
    HUDSON 14A 360,668 111,693 248,975  
    HUDSON 6B 153,936 47,675 106,261  
    HUDSON 14B 192,352 59,572 132,780  
    HUDSON 8D 317,408 98,296 219,112  
    HUDSON 9D 325,380 100,766 224,614  
    HUDSON 1E 283,836 87,898 195,938  
    HUDSON 15E 387,804 120,098 267,706  
    HUDSON 16E 274,088 84,883 189,205  
    HUDSON 6F 230,920 71,512 159,408  
    HUDSON 9F 245,270 75,958 169,312  
    HUDSON 6G 169,940 52,631 117,309  
    HUDSON 9G 179,476 55,578 123,898  
    HUDSON 5H 360,668 111,693 248,975  
    REGO PARK A1 151,000 46,883 104,117  
    REGO PARK B16 152,000 47,191 104,809  
    REGO PARK D8 154,000 47,814 106,186  
    REGO PARK E4 151,000 46,883 104,117  

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    THE GUARDIAN LIFE INS - WHOLE   666,818 666,818
    VANTAGE DRILLING INTERNATIONAL   2,970 210

    TY 2020 LegalFeesSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    General Consultations 127,509 12,897   114,612


    TY 2020 OtherExpensesSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 85,000     85,000
    Bank Charges 265 265    
    Indemnification Insurance 2,065     2,065
    K-1 Exp VANTAGE DRILLING INTER 350 350    
    EQUIPMENT PURCHASE 1,163 1,163    
    Postage/Delivery Service 7 7    
    Property insurance 7,305 7,305    
    Property Maintenance 390,122 390,122    
    State or Local Filing Fees 1,185 435   750


    TY 2020 OtherIncomeSchedule2
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss VANTAGE DRILLING INTERNATIONAL 341 341  
    INCOME FROM LIFE INSURANCE 12,095    


    TY 2020 OtherLiabilitiesSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Description Beginning of Year - Book Value End of Year - Book Value
    SECURITY DEPOSITS PAYABLE TO TENANTS 25,780 25,780


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Appraisal Services 1,000 1,000    
    Investment Management Services 86,261 86,261    


    TY 2020 TaxesSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 1,800      
    990-PF Extension for 2019 6,570