TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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 MELROSE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 629
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
KNOXVILLE, TN379010629

A Employer identification number

62-6037984

B Telephone number (see instructions)

(865) 525-5134

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$446,933J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	22,039		22,039
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		31,343
b	Gross sales price for all assets on line 6a 288,427
7	Capital gain net income (from Part IV, line 2)...			31,343
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).......		2,057	0	0
12	Total. Add lines 1 through 11........	55,439		53,382	0
13	Compensation of officers, directors, trustees, etc.	0		0	0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		2,442	2,442	2,442	0
c	Other professional fees (attach schedule)....		4,049	4,049	4,049	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		830	830	830	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	7,321		7,321	7,321	0
25	Contributions, gifts, grants paid.......	29,800				29,800
26	Total expenses and disbursements. Add lines 24 and 25	37,121		7,321	7,321	29,800
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	18,318
b	Net investment income (if negative, enter -0-)			46,061
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2020)

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	4,941	2,248	2,248
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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).......	423,654	444,665	444,665
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	20	20	20
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	428,615	446,933	446,933
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	428,615	446,933
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		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).....	428,615	446,933
	30	Total liabilities and net assets/fund balances (see instructions).	428,615	446,933

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

428,615

Enter amount from Part I, line 27a .....................

18,318

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

446,933

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

446,933

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	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2020-03-25	2020-12-23
b	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2020-06-17	2020-12-23
c	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2020-09-23	2020-12-23
d	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2020-12-15	2020-12-23
e	AMERICAN MODERATE GROWTH AND INCOME PORTFOLIO	P	2020-01-03	2020-12-23
	VANGUARD FTSE ALL-WLD EX-US	P	2020-01-03	2020-12-23
	VANGUARD MID-CAP INDEX FUND	P	2020-01-03	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2011-12-22	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2012-03-28	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2012-06-27	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2012-09-26	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2012-12-13	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2012-12-13	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2012-12-13	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2013-03-27	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2013-06-26	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2013-09-25	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2013-12-17	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2013-12-17	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2013-12-17	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2014-03-26	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2014-06-25	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2014-09-24	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2014-12-16	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2014-12-16	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2014-12-16	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2015-03-25	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2015-06-24	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2015-09-23	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2015-12-15	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2015-12-15	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2016-03-29	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2016-06-28	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2016-09-28	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2016-12-13	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2016-12-13	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2017-03-29	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2017-06-28	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2017-09-27	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2017-12-12	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2017-12-12	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2017-12-12	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2018-03-22	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2018-06-27	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2018-09-26	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2018-12-11	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2018-12-11	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2019-03-20	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2019-06-19	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2019-09-25	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2019-12-10	2020-12-23
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2019-12-10	2020-12-23
	ALGER FDS CAPTL APP FD CLASS Z	P	2011-12-22	2020-12-23
	ALGER FDS CAPTL APP FD CLASS Z	P	2012-12-18	2020-12-23
	ALGER FDS CAPTL APP FD CLASS Z	P	2012-12-18	2020-12-23
	ALGER FDS CAPTL APP FD CLASS Z	P	2013-12-18	2020-12-23
	ALGER FDS CAPTL APP FD CLASS Z	P	2013-12-18	2020-12-23
	LORD ABBETT DEVELOPING GROWTH FUND CLASS F	P	2013-11-22	2020-12-23
	LORD ABBETT DEVELOPING GROWTH FUND CLASS F	P	2013-11-22	2020-12-23
	LORD ABBETT DEVELOPING GROWTH FUND CLASS F	P	2014-11-21	2020-12-23
	LORD ABBETT DEVELOPING GROWTH FUND CLASS F	P	2014-11-21	2020-12-23
	LORD ABBETT DEVELOPING GROWTH FUND CLASS F	P	2015-11-24	2020-12-23
	LORD ABBETT DEVELOPING GROWTH FUND CLASS F	P	2015-11-24	2020-12-23
	LORD ABBETT DEVELOPING GROWTH FUND CLASS F	P	2017-11-14	2020-12-23
	LORD ABBETT DEVELOPING GROWTH FUND CLASS F	P	2018-11-20	2020-12-23
	13D ACTIVIST FUND CLASS	P	2015-06-11	2020-01-03
	13D ACTIVIST FUND CLASS	P	2017-11-07	2020-01-03
	13D ACTIVIST FUND CLASS	P	2018-11-06	2020-01-03
	13D ACTIVIST FUND CLASS	P	2018-11-06	2020-01-03
	OAK MARK INTL FUND CLASS INVESTOR	P	2017-11-14	2020-01-03
	OAK MARK INTL FUND CLASS INVESTOR	P	2017-12-14	2020-01-03
	OAK MARK INTL FUND CLASS INVESTOR	P	2017-12-14	2020-01-03
	OAK MARK INTL FUND CLASS INVESTOR	P	2018-12-13	2020-01-03
	OAK MARK INTL FUND CLASS INVESTOR	P	2018-12-13	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2011-12-22	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2012-12-13	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2012-12-13	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2012-12-13	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2012-12-13	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2013-12-17	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2013-12-17	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2013-12-17	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2014-12-16	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2014-12-16	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2014-12-16	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2015-06-11	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2015-12-17	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2015-12-17	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2015-12-17	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2016-12-14	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2016-12-14	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2016-12-14	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2017-12-13	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2017-12-13	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2017-12-13	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2018-12-12	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2018-12-12	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2018-12-12	2020-01-03
	CALVERT SHORT DURATION INCOME FUND CLASS I	P	2011-12-22	2020-04-23
	CALVERT SHORT DURATION INCOME FUND CLASS I	P	2011-12-22	2020-07-24
	CALVERT SHORT DURATION INCOME FUND CLASS I	P	2011-12-22	2020-10-23
	BLACKSTONE ALTERNATIVE MULTI STRATEGY FUND	P	2017-11-14	2020-01-03
	BLACKROCK GLOBAL LONG/SHORT CREDIT	P	2015-06-11	2020-01-03
	BLACKROCK GLOBAL LONG/SHORT CREDIT	P	2015-12-23	2020-01-03
	BLACKROCK GLOBAL LONG/SHORT CREDIT	P	2017-11-14	2020-01-03
	BLACKROCK GLOBAL LONG/SHORT CREDIT	P	2017-12-22	2020-01-03
	BLACKROCK GLOBAL LONG/SHORT CREDIT	P	2018-12-21	2020-01-03
	ALGER FDS CAPTL APP FD CLASS Z	P	2011-12-22	2020-01-03
	AIG FOCUSED DIVIDEND STRATEGY FUND	P	2011-12-22	2020-01-03
	BLACKROCK GLOBAL LONG/SHORT CREDIT	P	2019-12-23	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2019-12-18	2020-01-03
	FIRST EAGLE GLOBAL FUNDS	P	2019-12-18	2020-01-03
	OAK MARK INTL FUND CLASS INVESTOR	P	2019-12-12	2020-01-03
	13D ACTIVIST FUND CLASS	P	2019-12-10	2020-01-03

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	428	326	102
b	321	295	26
c	395	357	38
d	232	232	0
e	7,403	6,833	570
	1,309	1,226	83
	4,058	3,497	561
	6,557	5,024	1,533
	292	241	51
	392	320	72
	361	311	50
	648	545	103
	169	142	27
	554	465	89
	312	296	16
	317	323	-6
	289	308	-19
	379	401	-22
	1,135	1,203	-68
	758	804	-46
	289	309	-20
	319	357	-38
	360	411	-51
	471	494	-23
	514	539	-25
	3,174	3,329	-155
	310	346	-36
	265	300	-35
	316	328	-12
	366	361	5
	3,332	3,294	38
	303	322	-19
	297	304	-7
	299	324	-25
	517	588	-71
	101	115	-14
	303	344	-41
	298	347	-49
	281	340	-59
	211	251	-40
	557	660	-103
	2,498	2,962	-464
	306	343	-37
	308	353	-45
	310	367	-57
	384	405	-21
	2,052	2,162	-110
	296	320	-24
	379	406	-27
	361	393	-32
	530	575	-45
	1,602	1,738	-136
	9,271	3,925	5,346
	642	319	323
	378	188	190
	2,937	1,784	1,153
	1,522	924	598
	1,192	897	295
	3,861	2,905	956
	508	334	174
	6,056	3,975	2,081
	250	147	103
	2,204	1,291	913
	1,327	890	437
	282	165	117
	30,537	24,501	6,036
	753	681	72
	1,042	949	93
	715	651	64
	33,101	38,041	-4,940
	454	514	-60
	569	644	-75
	706	600	106
	1,658	1,408	250
	48,815	37,846	10,969
	1,049	869	180
	537	445	92
	2,359	1,953	406
	406	336	70
	1,215	1,089	126
	609	546	63
	2,677	2,401	276
	823	724	99
	329	290	39
	4,070	3,583	487
	825	776	49
	386	339	47
	61	54	7
	920	808	112
	560	524	36
	143	134	9
	3,634	3,401	233
	844	852	-8
	113	114	-1
	2,761	2,787	-26
	981	884	97
	85	77	8
	4,490	4,046	444
	424	430	-6
	1,031	1,008	23
	1,087	1,052	35
	14,017	14,328	-311
	20,412	21,664	-1,252
	1,422	1,509	-87
	2,039	2,137	-98
	316	329	-13
	1,453	1,457	-4
	749	385	364
	10,341	7,173	3,168
	962	959	3
	1,397	1,383	14
	3,867	3,831	36
	677	664	13
	1,358	1,328	30

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			102
b			26
c			38
d			0
e			570
			83
			561
			1,533
			51
			72
			50
			103
			27
			89
			16
			-6
			-19
			-22
			-68
			-46
			-20
			-38
			-51
			-23
			-25
			-155
			-36
			-35
			-12
			5
			38
			-19
			-7
			-25
			-71
			-14
			-41
			-49
			-59
			-40
			-103
			-464
			-37
			-45
			-57
			-21
			-110
			-24
			-27
			-32
			-45
			-136
			5,346
			323
			190
			1,153
			598
			295
			956
			174
			2,081
			103
			913
			437
			117
			6,036
			72
			93
			64
			-4,940
			-60
			-75
			106
			250
			10,969
			180
			92
			406
			70
			126
			63
			276
			99
			39
			487
			49
			47
			7
			112
			36
			9
			233
			-8
			-1
			-26
			97
			8
			444
			-6
			23
			35
			-311
			-1,252
			-87
			-98
			-13
			-4
			364
			3,168
			3
			14
			36
			13
			30

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	31,343
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 ...................		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

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	640
c	All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	640
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	640
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	723
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	723
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	83
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax83	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

JACKSON G KRAMER Telephone no. bullet

(865) 525-5134

Located at bullet

2500 PLAZA TOWERKNOXVILLETN ZIP+4 bullet

37929

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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
WAYNE R KRAMER	VP,SEC,TRES. 1.00	0	0	0
PO BOX 629 KNOXVILLE,TN37901	VP,SEC,TRES. 1.00	0	0	0
COWAN RODGERS III	MEMBER 1.00	0	0	0
PO BOX 629 KNOXVILLE,TN37901	MEMBER 1.00	0	0	0
JACKSON G KRAMER	PRESIDENT 1.00	0	0	0
PO BOX 629 KNOXVILLE,TN37901	PRESIDENT 1.00	0	0	0

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...................				0

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	INTERFAITH HEALTH CLINIC	1,230
2	KNOXVILLE MUSEUM OF ART	981
3	VOLUNTEER MINISTRY CENTER	491
4	SECOND HARVEST FOOD BANK	491

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	NONE	0
2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

434,159

Average of monthly cash balances.......................

3,595

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

437,754

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

437,754

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

6,566

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

431,188

Minimum investment return. Enter 5% of line 5..................

21,559

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.)

Minimum investment return from Part X, line 6....................

21,559

Tax on investment income for 2020 from Part VI, line 5......

640

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

640

Distributable amount before adjustments. Subtract line 2c from line 1............

20,919

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

20,919

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

20,919

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

29,800

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

29,800

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

29,800

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)

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					20,919
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2020:
a From 2015......	4,442
b From 2016......	4,713
c From 2017......	6,256
d From 2018......	7,972
e From 2019......	9,900
fTotal of lines 3a through e........		33,283
4Qualifying distributions for 2020 from Part
XII, line 4: $ 29,800
a Applied to 2019, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2020 distributable amount.....					20,919
e Remaining amount distributed out of corpus		8,881
5 Excess distributions carryover applied to 2020.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		42,164
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........					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) .......		0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...		4,442
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		37,722
10 Analysis of line 9:
a Excess from 2016....	4,713
b Excess from 2017....	6,256
c Excess from 2018....	7,972
d Excess from 2019....	9,900
e Excess from 2020....	8,881

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

JACKSON G KRAMER CO THE MELROSE FOU
PO BOX 629
KNOXVILLE,TN379010629
(865) 525-5134

bThe form in which applications should be submitted and information and materials they should include:

NAME AND ADDRESS, TYPE OF ORGANIZATION, TAX EXEMPT DETERMINATION LETTER UNDER IRC SEC. 501(C)(3), BROCHURE OR OTHER PRINTED MATERIALS REGARDING ORGANIZATION'S ACTIVITIES AND OPERATIONS.

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

NONE, OTHER THAN THE ORGANIZATION MUST BE A 501(C)(3) ORGANIZATION

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
BIG BROTHERSBIG SISTERS OF TENNESSEE VALLEY INC 2918 MAGNOLIA AVENUE KNOXVILLE,TN37901	NONE	LISTED IN PUB 78	EDUCATIONAL SUPPORT	1,000
BOYS & GIRLS CLUB OF THE TENNESSEE VALLEY 407 CASWELL AVENUE KNOXVILLE,TN37917	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	1,000
CANCER SUPPORT COMMUNITY-EAST TENNESSEE 2230 SUTHERLAND AVENUE KNOXVILLE,TN379192350	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	300
COMMUNITY SCHOOL OF THE ARTS 620 STATE STREET KNOXVILLE,TN37902	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	500
EMERALD YOUTH FOUNDATION 1600 N CENTRAL STREET KNOXVILLE,TN37914	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	1,000
FISH OF KNOX COUNTY HOSPITALITY PANTRIES 2700 E MAGNOLIA AVENUE KNOXVILLE,TN37914	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	1,000
FLORENCE CRITTENTON AGENCY 2815 TEXAS AVENUE KNOXVILLE,TN379216090	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	500
GIRL SCOUTS COUNCIL OF THE SOUTHERN APPALACHIANS INC 1567 DOWNTOWN WEST BLBD KNOXVILLE,TN37919	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	500
HEARING & SPEECH FOUNDATION OF BLOUNT COUNTY 334 S WASHINGTON STREET MARYVILLE,TN37804	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	400
HELEN ROSS MCNABB CENTER 1520 CHEROKEE TRAIL KNOXVILLE,TN37901	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	900
HOLSTON UNITED METHODIST HOME FOR CHILDREN 900 E HILL AVENUE KNOXVILLE,TN37915	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	1,000
IJAMS NATURE CENTER 2915 ISLAND HOME AVENUE KNOXVILLE,TN37920	NONE	LISTED IN PUB 78	EDUCATIONAL SUPPORT	500
INTERFAITH HEALTH CLINIC 315 GILL AVENUE KNOXVILLE,TN37902	NONE	LISTED IN PUB 78	MEDICAL SUPPORT	5,000
KNOX AREA RESCUE MINISTRIES 418 N BROADWAY KNOXVILLE,TN37917	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	250
KNOX COUNTY OFFICE ON AGING - MOBILE MEALS 2247 WESTERN AVENUE KNOXVILLE,TN37921	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	250
KNOXVILLE FAMILY JUSTICE CENTER 400 HARRIET TUBMAN STREET KNOXVILLE,TN37915	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	500
KNOXVILLE LEGAL AID SOCIETY INC 502 S GAY STREET KNOXVILLE,TN37902	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	750
KNOXVILLE MUSEUM OF ART 1010 LAUREL AVENUE KNOXVILLE,TN37916	NONE	LISTED IN PUB 78	EDUCATIONAL SUPPORT	4,000
KNOXVILLE SYMPHONY SOCIETY 708 GAY STREET KNOXVILLE,TN379021685	NONE	LISTED IN PUB 78	EDUCATIONAL SUPPORT	300
KNOXVILLE ZOOLOGICAL PARK PO BOX 6040 KNOXVILLE,TN37914	NONE	LISTED IN PUB 78	EDUCATIONAL SUPPORT	300
MCCLUNG MUSEUM OF NATURAL HISTORY & CULTURE 1327 CIRCLE PARK DRIVE KNOXVILLE,TN37916	NONE	LISTED IN PUB 78	EDUCATIONAL SUPPORT	500
SECOND HARVEST FOOD BANK 922 DELAWARE AVENUE KNOXVILLE,TN37921	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	2,000
SERTOMA CENTER INC 1400 E 5TH AVENUE KNOXVILLE,TN37917	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	500
SHANGRI-LA THERAPEUTIC ACADEMY OF RIDING INC 11800 HIGHWAY 11 EAST LENOIR CITY,TN37772	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	1,000
TENNESSEE LION'S CHARITIES INC 505 FESSLERS LANE NASHVILLE,TN372102814	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	350
TENNESSEE WESLEYAN COLLEGE PO BOX 40 ATHENS,TN37303	NONE	LISTED IN PUB 78	EDUCATIONAL SUPPORT	250
THE JOY OF MUSIC YOUTH MUSIC SCHOOL 1209 EUCLID AVENUE KNOXVILLE,TN37921	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	500
THE MUSE KNOXVILLE 516 N BEAMAN STREET KNOXVILLE,TN37914	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	250
UNIVERSITY OF TENNESSEE MEDICAL CENTER - PASTORAL CARE DEPARTMENT 1924 ALCOA HIGHWAY KNOXVILLE,TN37901	NONE	LISTED IN PUB 78	MEDICAL SUPPORT	1,000
VOLUNTEER MINISTRY CENTER 306 W JACKSON AVENUE KNOXVILLE,TN37901	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	2,000
WESLEY HOUSE 923 DAMERON AVENUE KNOXVILLE,TN37921	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	1,000
YOUNG MEN'S CHRISTIAN ASSOCIATION PO BOX 2776 KNOXVILLE,TN379012776	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	250
YOUNG WOMEN'S CHRISTIAN ASSOCIATION 420 W CLINCH AVENUE KNOXVILLE,TN37902	NONE	LISTED IN PUB 78	CHARITABLE SUPPORT	250
Total ................................. 3a				29,800

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	22,039
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.....			18	2,057
8 Gain or (loss) from sales of assets other than inventory ............			18	31,343
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		55,439	0

13Total. Add line 12, columns (b), (d), and (e)..................

55,439

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

THE MELROSE FOUNDATION

EIN:

62-6037984

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	2,442	2,442	2,442	0

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

THE MELROSE FOUNDATION

EIN:

62-6037984

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ALGER FUNDS CAPITAL APP FD CL Z	44,210	44,210
LORD ABBOTT DEVELOPING GWTH FD CL F	21,119	21,119
CALVERT ST DURATION INC FD CL Y	44,160	44,160
LOOMIS SAYLES STRATEGIC INC FD CL Y	66,545	66,545
TEMPLETON GLOBAL BOND ADV	26,609	26,609
BLACKSTONE ALTERNATIVE MULTI-STRATEGY FD CL I	22,212	22,212
TENNECO AUTOMOTIVE, INC.	424	424
VANGUARD FTSE ALL-WLD EX-US INDEX	36,244	36,244
VANGUARD MIDCAP INDEX FUND ADMIRAL	30,932	30,932
VANGUARD VALUE INDEX FUND ADMIRAL	40,332	40,332
AMERICAN MODERATE GROWTH AND INCOME PORTFOLIO	111,878	111,878

- TIN:

TY 2020 OtherAssetsSchedule

Name:

THE MELROSE FOUNDATION

EIN:

62-6037984

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
REFUNDABLE FEDERAL EXCISE TAXES	20	20	20

- TIN:

TY 2020 OtherExpensesSchedule

Name:

THE MELROSE FOUNDATION

EIN:

62-6037984

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OFFICE EXPENSES	830	830	830	0

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

THE MELROSE FOUNDATION

EIN:

62-6037984

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
UNREALIZED APPRECIATION OF INVESTMENTS	2,057	0

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

THE MELROSE FOUNDATION

EIN:

62-6037984

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGER FEES	4,049	4,049	4,049	0