Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE WILLIAMS FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2789 HARTLAND ROAD
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FALLS CHURCH, VA22043
A Employer identification number

54-1861951
B Telephone number (see instructions)

(912) 764-6951
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$5,577,775
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) 511,830
2 Check bullet.............
3 Interest on savings and temporary cash investments 8,586 8,586  
4 Dividends and interest from securities... 76,394 76,394  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 196,586
b Gross sales price for all assets on line 6a 764,039
7 Capital gain net income (from Part IV, line 2)... 196,586
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)....... 305 22  
12 Total. Add lines 1 through 11........ 793,701 281,588  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 10,002 8,002   2,000
c Other professional fees (attach schedule).... 15,507 15,507    
17 Interest............... 225 225    
18 Taxes (attach schedule) (see instructions)... 25      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 3,414 3,100   314
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 29,173 26,834   2,314
25 Contributions, gifts, grants paid....... 219,000 219,000
26 Total expenses and disbursements. Add lines 24 and 25 248,173 26,834   221,314
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 545,528
b Net investment income (if negative, enter -0-) 254,754
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......... 1,867,691 649,814 649,814
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,131,329 Click to see attachment3,885,207 4,792,040
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 123,449 Click to see attachment135,921 135,921
14 Land, buildings, and equipment: basis bullet1,156
Less: accumulated depreciation (attach schedule) bullet1,156      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,122,469 4,670,942 5,577,775
Liabilities 17 Accounts payable and accrued expenses.......... 5,395  
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 attachment102,050 Click to see attachment102,050
23 Total liabilities (add lines 17 through 22)......... 107,445 102,050
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........... 4,015,024 4,568,892
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    
29 Total net assets or fund balances (see instructions)..... 4,015,024 4,568,892
30 Total liabilities and net assets/fund balances (see instructions). 4,122,469 4,670,942
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
4,015,024
2
Enter amount from Part I, line 27a .....................
2
545,528
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
11,218
4
Add lines 1, 2, and 3 ..........................
4
4,571,770
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,878
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,568,892
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 OTIS WORLWIDE CORP COM P 2020-02-21 2020-05-12
b AT&T INC. P    
c CVS HEALTH CORP P    
d MODELEZ INTL INC COM P 2020-06-24 2020-09-02
e VERIZON COMMUNICATIONS P    
OTIS WORLWIDE CORP COM P 2020-02-21 2020-06-29
AUTOMATIC DATA PROCESSING INC P 2020-06-24 2020-09-15
DEERE & CO P 2020-06-24 2020-09-11
NEXTERA ENERGY INC P    
VIATRIS INC P    
VIATRIS INC COM P 2020-02-21 2020-12-23
BANK OF NEW YORK MELLON CORP P 2020-06-24 2020-09-15
DELTA AIR LINES INC NEW P 2020-10-13 2020-12-09
NIKE INC B P 2020-07-17 2020-09-11
WALMART INC. P 2020-06-24  
ALTRIA GROUP INC P   2020-02-21
BERKSHIRE HATHAWAY CL-B NEW P 2020-06-24  
EMERSON ELECTRIC CO P 2020-06-24  
NUANCE COMMUNICATIONS INC P 2020-06-24  
WELLS FARGO & CO NEW P 2020-06-24  
PHILIP MORRIS INTL INC COM P   2020-02-21
BLACKROCK INC. P 2020-06-24 2020-11-10
EXXON MOBILE CORP P   2020-07-16
NVIDIA CORPORATION P 2020-06-24  
BANCO SANTANDER S.A. P 2020-12-14 2020-12-14
VIATRIS INC COM P   2020-12-23
BLACKSTONE GROUP INC CL A P   2020-11-10
HONEYWELL INTERNATIONAL INC. P 2020-06-24 2020-10-02
PHILIP MORRIS INTL INC P 2020-06-24 2020-12-08
OLD SEC CAP TR I P 2010-07-12 2020-03-02
GLOBAL PMTS INC COM D 1998-05-22 2020-02-21
BROADCOM INC P 2020-06-24 2020-10-02
INTEL CORP P    
PROCTER & GAMBLE P 2020-06-24 2020-06-25
WILLIAMS INDUSTRIES, INC. P   2020-08-11
GLOBAL PMTS INC COM D 1998-05-22 2020-06-29
CATERPILLAR INC P 2020-06-24 2020-10-02
ISHARES RUSSELL 1000 VALUE ETF P 2020-09-15 2020-10-16
RAYTHEON TECHNOLOGIES CORP P    
PARTNERSHIP S/T GAIN P 2020-01-01 2020-12-31
ACTIVISION BLIZZARD INC P 2020-06-24 2020-08-07
CHEVRON CORP P   2020-09-15
ISHARES SHORT TREASURY BD ETF P    
SOUTHWEST AIRLINES P 2020-11-10 2020-12-09
PARTNERSHIP L/T GAIN P 2020-01-01 2020-12-31
ADOBE INC. P 2020-06-24 2020-08-07
CISCO SYS INC P 2020-06-24 2020-09-15
JOHNSON & JOHNSON P 2020-06-24 2020-11-10
SPDR S&P 500 ETF TRUST P 2020-09-15 2020-10-16
UNRECAPTURED 1250 GAIN P 2020-01-01 2020-12-31
AMERICAN EXPRESS CO P    
CITIGROUP INC NEW P 2020-06-24 2020-09-15
JP MORGAN CHASE & CO P 2020-06-25 2020-07-16
STRYKER CORP P 2020-08-06 2020-10-02
1231 LOSS P 2020-01-01 2020-12-31
AMGEN INC P 2020-06-24 2020-07-16
COCA COLA CO P 2020-06-24 2020-12-08
LABORATORY CP AMER HLDGS NEW P 2020-06-24 2020-07-15
THERMO FISHER SCIENTIFIC P 2020-06-24 2020-07-17
ANTHEM INC COM P    
COMCAST CORP (NEW) CLASS A P 2020-06-24 2020-09-02
LOWES COMPANIES INC P 2020-06-24  
TJX COS INC NEW P 2020-11-05 2020-12-09
APPLE INC. P 2020-06-24  
CONOCOPHILLIPS P    
MCDONALDS CORP P    
UNITEDHEALTH GP INC P 2020-06-24 2020-06-25
ARCHER DANIELS MIDLAND P 2020-06-24  
CORNING INC P 2020-06-24  
MICROSOFT CORP P    
VALERO ENERGY CP DELA NEW P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 26   38 -12
b 3,863   3,978 -115
c 8,025   8,620 -595
d 236   203 33
e 5,802   5,312 490
957   1,296 -339
3,971   4,218 -247
13,980   9,793 4,187
16,558   13,210 3,348
631   526 105
       
7,935   8,648 -713
8,272   6,251 2,021
1,896   1,544 352
7,970   7,725 245
2,739   4,022 -1,283
3,970   3,215 755
992   899 93
5,400   3,979 1,421
19,666   20,834 -1,168
3,961   4,278 -317
5,919   4,857 1,062
4,450   4,536 -86
4,087   2,955 1,132
2     2
1   1  
3,968   3,817 151
998   837 161
744   632 112
15,000   8,460 6,540
16,308     16,308
358   307 51
30,764   34,771 -4,007
466   470 -4
274,068   140,680 133,388
8,262     8,262
452   370 82
56,742   55,932 810
4,655   4,338 317
    6,414 -6,414
12,264   11,115 1,149
18,478   21,172 -2,694
4,539   4,540 -1
597   583 14
1,571     1,571
907   863 44
3,977   4,385 -408
13,000   12,345 655
34,268   33,475 793
84     84
4,759   4,020 739
5,266   5,787 -521
1,396   1,334 62
421   372 49
    1 -1
507   466 41
746   624 122
378   313 65
11,443   10,125 1,318
2,918   2,316 602
637   537 100
11,822   11,602 220
663   548 115
8,551   7,588 963
12,872   13,077 -205
25,000   21,281 3,719
3,168   3,177 -9
5,565   4,523 1,042
5,371   4,482 889
4,247   4,036 211
4,171   4,800 -629
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       -12
b       -115
c       -595
d       33
e       490
      -339
      -247
      4,187
      3,348
      105
       
      -713
      2,021
      352
      245
      -1,283
      755
      93
      1,421
      -1,168
      -317
      1,062
      -86
      1,132
      2
       
      151
      161
      112
      6,540
      16,308
      51
      -4,007
      -4
      133,388
      8,262
      82
      810
      317
      -6,414
      1,149
      -2,694
      -1
      14
      1,571
      44
      -408
      655
      793
      84
      739
      -521
      62
      49
      -1
      41
      122
      65
      1,318
      602
      100
      220
      115
      963
      -205
      3,719
      -9
      1,042
      889
      211
      -629
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 2 196,586
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 11,758
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 3,541
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 3,541
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 3,541
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 6,597
b Exempt foreign organizations—tax withheld at source...... 6b  
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 6,597
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 3,056
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet3,056 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)
    bulletVA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletFRANK E WILLIAMS III Telephone no.bullet (912) 764-6951

    Located atbulletPO BOX 1770MANASSASVA ZIP+4bullet20108
    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
     
     
    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
     
    No
    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
    H ARTHUR WILLIAMS PRESIDENT
    0.25
    0 0 0
    PO BOX 1770
    MANASSAS,VA20108
    DANIEL K MULLER SECRETARY
    0.25
    0 0 0
    2789B HARTLAND RD
    FALLS CHURCH,VA22043
    FRANK E WILLIAMS III VP/TREASURER
    0.25
    0 0 0
    PO BOX 1770
    MANASSAS,VA20108
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,094,017
    b
    Average of monthly cash balances.......................
    1b
    1,083,095
    c
    Fair market value of all other assets (see instructions)................
    1c
    245,827
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,422,939
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    4,422,939
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    66,344
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,356,595
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    217,830
    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
    217,830
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,541
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,541
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    214,289
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    214,289
    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
    214,289
    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
    221,314
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    221,314
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    221,314
    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 7 214,289
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 218,656
    b Total for prior years:20, 20, 20  
    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$ 221,314
    a Applied to 2019, but not more than line 2a 218,656
    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..... 2,658
    e Remaining amount distributed out of corpus  
    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  
    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 ..........
    211,631
    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 ......
     
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    H ARTHUR WILLIAMS
    FRANK E WILLIAMS III
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    FRANK WILLIAMS III
    PO BOX 4004
    MERRIFIELD,VA22116
    (912) 764-6951
    bThe form in which applications should be submitted and information and materials they should include:
    NONE
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    ADVOCATES INTERNATIONAL
    2920 KING STREET
    ALEXANDRIA,VA223023512
      PC RELIGIOUS LEGAL AID SUPPORT 2,500
    ALEXANDER THARPE FUND
    150 BOBBY DODD WAY NW
    ATLANTA,GA303320455
      PC ATHLETIC SCHOLARSHIPS 10,000
    AMERICAN CANCER SOCIETY
    PO BOX 1749
    VIENNA,VA221831749
      PC CANCER RESEARCH, EDUCATION & SUPPORT 2,000
    AMERICAN HEART ASSOCIATION
    7272 GREENVILLE AVENUE
    DALLAS,TX75231
      PC MEDICAL RESEARCH AND EDUCATION 6,000
    AMERICAN LIVER FOUNDATION
    39 BROADWAY SUITE 2700
    NEW YORK,NY100063003
      PC PRIMARY SCLEROSING CHOLANGITIS RES. 6,000
    BAPTIST BIBLE HOUR
    PO BOX 17037
    CINCINNATI,OH452170037
      PC RELIGIOUS MINISTRY 2,000
    BIG BROTHERS BIG SISTERS OF CEN VA
    2901 LANGHORNE ROAD
    LYNCHBURG,VA24501
      PC MENTORING SERVICES 1,000
    BIG OAK RANCH
    PO BOX 507
    SPRINGVILLE,AL35146
      PC CHRISTIAN CHILDREN'S HOME 2,500
    CARDINAL GIBBONS HIGH SCHOOL
    2900 NE 47TH STREET
    FORT LAUDERDALE,FL33308
      PC TUITION SUPPORT & ACADEMIC PROGRAMS 3,000
    CATHOLIC CHARITIES DICESE OF ARLING
    200 NORTH GLEBE RD
    ARLINGTON,VA22203
      PC RELIGIOUS 3,000
    CHARLES CARRIN MINISTRIES INC
    PO BOX 800
    BOYNTON BEACH,FL334250800
      PC RELIGIOUS MINISTRY 600
    CURE ALZHEIMER'S FUND
    34 WASHINGTON ST STE 310
    WELLESLEY HILLS,MA02481
      PC GRANTS TO ALZHEIMER'S RESEARCHERS 1,000
    DISCIPLING MINISTRIES INTERNATIONAL
    PO BOX 69
    CULLODEN,GA31016
      PC RELIGIOUS MINISTRY 6,500
    DOORWAYS FOR WOMEN AND FAMILES
    PO BOX 100185
    ARLINGTON,VA22210
      PC DOMESTIC VIOLENCE 3,000
    FIGURE SKATING IN HARLEM
    361 W 12TH ST 4TH FLOOR
    NEW YORK,NY10027
      PC EDUCATION & LEADERSHIP 2,000
    FIVE TALENTS USA
    PO BOX 331
    VIENNA,VA22183
      PC EDUCATION & ECONOMIC DEVELOPMENT 2,000
    FOOD FOR OTHERS
    2938 PROSPERITY AVENUE
    FAIRFAX,VA22031
      PC GROCERIES FOR FOOD INSECURE FAMILIES 9,000
    GEORGIA TECH FOUNDATION
    177 NORTH AVENUE NW
    ATLANTA,GA303320220
      PC ACADEMIC ENDOWMENT FUNDS 30,000
    GVBR-FCA BABE RUTH BASEBALL
    PO BOX 250
    VIENNA,VA22183
      PC TEAM SPONSORSHIPS 2,000
    HERREN PROJECT
    PO BOX 131
    PORTSMOUTH,RI02871
      PC ADDICTION OUTREACH PROGRAM 3,000
    HUMANE SOCIETY OF FAIRFAX COUNTY
    4057 CHAIN BRIDGE ROAD
    FAIRFAX,VA22030
      PC ANIMAL WELFARE 5,000
    INDEPENDENT BAPTIST MISSION
    PO BOX 912
    MARIETTA,OH45750
      PC BUILDING LOCAL ASIAN CHURCHES 1,000
    LOMBARDI PATIENT ASSISTANCE FUND
    3800 RESERVOIR ROAD NW
    WASHINGTON,DC20057
      PC GRANTS FOR PATIENT CARE 2,500
    MICHAEL J FOX FOUNDATION
    PO BOX 4777
    NEW YORK,NY10163
      PC PARKINSON'S RESEARCH & DRUG DEV. 2,000
    MONETA FIRE DEPARTMENT
    12737 OLD MONETA ROAD
    MONETA,VA24121
      PC PUBLIC SAFETY 500
    MT OLIVE PRIMITIVE BAPTIST CHURCH
    3106 RED ROACK ROAD
    ROANOKE,VA24015
      PC RELIGIOUS 500
    NORTHERN VA PRIMITIVE BAPTIST CHURC
    9640 BLAKE LANE
    FAIRFAX,VA22031
      PC RELIGIOUS 18,000
    NOVA FCA BASEBALL
    8925 LEESBURG PIKE
    VIENNA,VA22182
      PC CHRISTIAN MINISTRY THROUGH ATHLETICS 5,000
    ORGANIZATION FOR AUTISM RESEARCH
    2111 WILSON BLVD STE 401
    ARLINGTON,VA22201
      PC RESEARCH & SCHOLARSHIPS 6,000
    OUR LADY OF GOOD COUNSEL CATHOLIC
    8601 WOLFTRAP ROAD
    VIENNA,VA22182
      PC RELIGIOUS 3,000
    OVARIAN CANCER INSTITUTE
    960 JOHNSON FERRY RD
    SUITE 130
    ATLANTA,GA30342
      PC CANCER RESEARCH 2,500
    PRAESPERO GROUP
    250 WYLDEROSE COMMONS
    MIDLOTHIAN,VA23113
      PC PEDIATRIC INFUSION ROOMS 500
    PRIMITIVE BAPTIST FOUNDATION INC
    PO BOX 595
    ROSWELL,GA30077
      PC HAITI MISSION WORK & LIBRARY ARCHIVE 11,400
    SAMARITAN'S PURSE
    PO BOX 3000
    BOONE,NC28507
      PC HUMANITARIAN AID 5,000
    SAUNDERS VOLUNTEER FIRE CO
    PO BOX 14
    HUDDLESTON,VA24104
      PC PUBLIC SAFETY 250
    SIGN OF THE TIMES ART CENTER
    605 56TH STREET NE
    WASHINGTON,DC20019
      PC CULTURAL ART PROGRAMS 250
    SMITH MOUNTAIN LAKE MARINE FIRE
    PO BOX 899
    HARDY,VA241010899
      PC PUBLIC SAFETY 500
    ST SCHOLASTICA PRIORY
    PO BOX 606
    PETERSHAM,MA013660606
      PC RELIGIOUS 500
    STATESBORO PRIMITIVE BAPTIST CHURCH
    4 SOUTH ZETTEROWER AVE
    STATESBORO,GA30458
      PC RELIGIOUS 2,000
    SYRACUSE UNIVERSITY
    820 COMSTOCK AVENUE
    SYRACUSE,NY13244
      PC EDUCATIONAL 6,000
    TEAM RUBICON
    6171 W CENTURY BLVD 310
    LOS ANGELES,CA90045
      PC NATURAL DISASTER RELIEF & RESPONSE 5,000
    THE COMMITTEE FOR HELPING OTHERS
    PO BOX 233
    VIENNA,VA22183
      PC FOOD COMMITTEE 2,500
    THE LAMB CENTER
    3160 CAMPBELL DRIVE
    FAIRFAX,VA22031
      PC COUNSELING CENTER OUTREACH MINISTRY 6,000
    THE SALVATION ARMY
    2626 PENNSYLVANIA AVE NW
    WASHINGTON,DC20037
      PC NATIONAL CAPITAL AREA COMMAND 1,000
    THE V FOUNDATION
    14600 WESTON PARKWAY
    CARY,NC27513
      PC CANCER RESEARCH 5,000
    TRINITY CHRISTIAN SCHOOL
    11204 BRADDOCK ROAD
    FAIRFAX,VA22030
      PC RELIGIOUS EDUCATION 2,500
    VIENNA BASEBALL FOUNDATION INC
    1921 GALLOWS RD STE 750
    VIENNA,VA22182
      PC YOUTH ATHLETICS TOURNAMENTS 7,500
    VIENNA LITTLE LEAGUE
    1319 ROSS DRIVE SW
    VIENNA,VA22180
      PC YOUTH ATHLETICS SPONSORSHIPS 5,000
    VIENNA VOLUNTEER FIRE DEPARTMENT
    400 CENTER ST SOUTH
    VIENNA,VA221831115
      PC PUBLIC SAFETY 2,000
    VIENNA YOUTH INC
    9521 LEEMAY STREET
    VIENNA,VA22182
      PC YOUTH ATHLETICS & SCHOLARSHIPS 2,500
    WASHINGTON NATIONALS DREAM FOUND
    1500 SOUTH CAPITOL ST SE
    WASHINGTON,DC20003
      PC YOUTH PROGRAMS 5,000
    WAYMARK MINISTRIES
    185 REMSEN AVENUE
    BROOKLYN,NY11212
      PC RELIGIOUS MINISTRY 1,500
    WESTMINSTER CHRISTIAN FELLOWSHIP
    724 TECHWOOD DRIVE
    ATLANTA,GA30313
      PC CAMPUS OUTREACH 1,000
    WORLD CENTRAL KITCHEN INC
    655 NEW YORK AVE NW
    6TH FLOOR
    WASHINGTON,DC20001
      PC FOOD DRIVE 3,000
    Total .................................bullet 3a 219,000
    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 8,586  
    4 Dividends and interest from securities....     14 76,394  
    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.....     15 1 21
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 196,586  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aORD BUSINESS INCOME/LOSS
            283
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   281,567 304
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    281,871
    (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.)
    7 THE INCOME WAS UTILIZED TO FURTHER THE EXEMPT PURPOSE OF THE WILLIAMS FAMILY FOUNDATION, A NONPROFIT 501 (C)(3) FOUNDATION WHOSE SOLE PURPOSE IS TO MAKE GIFTS, GRANTS AND CONTRIBUTIONS FOR CHARITABLE, SCIENTIFIC, LITERARY, RELIGIOUS AND/OR EDUCATIONAL PURPOSES.
    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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    THE WILLIAMS FAMILY FOUNDATION
     
    Employer identification number

    54-1861951
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THE WILLIAMS FAMILY FOUNDATION
     
    Employer identification number
    54-1861951
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
    FRANK E WILLIAMS III
    PO BOX 1770
     
    MANASSAS, VA20108

    $ 511,830


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    THE WILLIAMS FAMILY FOUNDATION
     
    Employer identification number

    54-1861951
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    36,300 SHARES CAPITAL BANCORP $ 511,830 2020-12-28
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THE WILLIAMS FAMILY FOUNDATION
     
    Employer identification number

    54-1861951
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 10,002 8,002   2,000

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

    TY 2020 DepreciationSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    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
    START-UP EXPENSES 1997-10-15 1,156 1,156 S/L 5.0000        

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Name of Stock End of Year Book Value End of Year Fair Market Value
    INVESTMENTS - PURCHASED 2,639,742 3,524,654
    INVESTMENTS-CONTRIBUTED 1,245,465 1,267,386

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INV IN ATEGRA COMMUNITY FINANC AT COST 52,953 52,953
    INV IN PRUDENT CAPITAL II, LP AT COST 27,113 27,113
    INV IN COMPASS POINT PTRS AT COST 55,855 55,855

    TY 2020 LandEtcSchedule2
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    START UP COSTS 1,156 1,156    


    TY 2020 OtherDecreasesSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Description Amount
    BOOK/TAX DIFFERENCE 2,878


    TY 2020 OtherExpensesSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INVESTMENT EXPENSES 1,459 1,459    
    FOREIGN TAXES 271 271    
    BANK FEES 114 114    
    INSURANCE 1,570 1,256   314


    TY 2020 OtherIncomeSchedule2
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CASH IN LIEU 2 2  
    OTHER INCOME/LOSS - K-1S 19 19  
    ROYALTY INCOME 1 1  
    ORD BUSINESS INCOME/LOSS 283    


    TY 2020 OtherIncreasesSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Description Amount
    K-1 PASSTHROUGH ADJUSTMENT 11,218


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Description Beginning of Year - Book Value End of Year - Book Value
    PRUDENT INSTALLMENT AGREEMENT 25,000 25,000
    LOAN PAYABLE - FEWJR 77,050 77,050


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 15,507 15,507    


    TY 2020 TaxesSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LICENSES 25