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 ROBERT E & JENNY D KIRKLAND
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)624 REELFOOT AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
UNION CITY, TN38261
A Employer identification number

13-4228589
B Telephone number (see instructions)

(615) 310-0648
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$268,692,547J 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) 4,328,602
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,177,163 1,637,687  
4 Dividends and interest from securities... 1,003,111 1,003,111  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 46,746 46,746  
12 Total. Add lines 1 through 11........ 7,555,622 2,687,544  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 300,000 300,000    
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 2,175 2,175    
b Accounting fees (attach schedule)....... Click to see attachment 98,390 98,390    
c Other professional fees (attach schedule).... Click to see attachment 94,205 94,205    
17 Interest............... 123,083 123,083    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 77,050 77,050    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,149,992 1,149,992    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,844,895 1,844,895   0
25 Contributions, gifts, grants paid....... 8,215,032 8,215,032
26 Total expenses and disbursements. Add lines 24 and 25 10,059,927 1,844,895   8,215,032
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,504,305
b Net investment income (if negative, enter -0-) 842,649
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......... 1,808,437 1,492,905 1,492,905
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) bullet76,344,443
Less: allowance for doubtful accounts bullet   80,028,180 Click to see attachment76,344,443 76,344,443
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)....... 1,558,964    
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).......... 142,822,024 Click to see attachment189,406,499 189,406,499
14 Land, buildings, and equipment: basis bullet1,448,700
Less: accumulated depreciation (attach schedule) bullet   1,448,700 Click to see attachment1,448,700 1,448,700
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 227,666,305 268,692,547 268,692,547
Liabilities 17 Accounts payable and accrued expenses.......... 35,613,000  
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 attachment17  
23 Total liabilities (add lines 17 through 22)......... 35,613,017 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 192,053,288 268,692,547
29 Total net assets or fund balances (see instructions)..... 192,053,288 268,692,547
30 Total liabilities and net assets/fund balances (see instructions). 227,666,305 268,692,547
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
192,053,288
2
Enter amount from Part I, line 27a .....................
2
-2,504,305
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
79,747,331
4
Add lines 1, 2, and 3 ..........................
4
269,296,314
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
603,767
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
268,692,547
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 11,713
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 11,713
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 11,713
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a  
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  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 244
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 11,957
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   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)
    bulletTN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
     
     
    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 ofbulletAL CRESWELL Telephone no.bullet (731) 885-3661

    Located atbullet624 E REELFOOT AVEUNION CITYTN ZIP+4bullet38261
    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
     
     
    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
    CHRISTOPHER KIRKLAND PRES/DIRECTO
    000.00     		100,000 0 0
    4306 ESTESWOOD DRIVE
    NASHVILLE,TN37215
    MACY D KIRKLAND DIRECTOR
    000.00     		100,000 0 0
    1901 WILLIAM HOWARD TAFT
    CINCINNATI,OH45206
    BEDFORD F KIRKLAND SEC/DIRECTOR
    000.00     		100,000 0 0
    1032 W MAIN STREET
    LEBANON,TN37087
    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 PROMETHEAN FOUNDAION, UNION CITY, TENNESSEE SERVES THE LOCAL AREA IN PROVIDING DAY CARE SCHOLARSHIPS TO QUALIFYING APPLICANTS TO INCREASE THE SOCIAL, MORAL AND EDUCATIONAL VALUE AVAILABLE TO THESE CHILDREN 1,584,295
    2 DISCOVERY PARK OF AMERICA'S MISSION IS EDUCATION: TO ENHANCE CHILDREN AND ADULTS' EDUCATIONAL EXPERIENCES AND TO INSPIRE THEM TO REACH THEIR FULL POTENTIAL. DISCOVERY PARK'S EXHIBITS AND PROGRAMS COMPEL VISITORS OF ALL AGES TO "SEE BEYOND" THEIR CURRENT LEVEL OF KNOWLEDGE IN MANY AREAS. DISCOVERY PARK FOCUSES ON NATURE, SCIENCE, TECHNOLOGY, HISTORY AND ART. LAND WAS DONATED FOR THE ERECTION OF THE DISCOVERY PARK OF AMERICA. 6,508,737
    3 THE UNIVERSITY OF TENNESSEE FOUNDATION HAS AS ITS MISSION THE SUPPORT OF THE UNIVERSITY OF TENNESSEE'S EDUCATIONAL, RESEARCH, AND PUBLIC ACTIVITIES BY SEEKING, RECEIVING, AND ADMINISTERING PRIVATE FUNDS TO SUPPORT BEYOND THE SCOPE OF THE UNIVERSITY'S GENERAL BUDGET. 10,000
    4 SUMMITT COUNTRY DAY SCHOOL, FOUNDED IN 1926, IS AN INDEPENDENT, CO-EDUCATIONAL DAY SCHOOL WITH STUDENTS FROM 18 MONTHS TO 18 YEARS. THEY PROVIDE EACH STUDENT WITH SUPERIOR PREPARATION FOR SUCCESS IN COLLEGE AND LIFE. THEY INSPIRE A PASSION FOR LEARNING AND INDEPENDENT THINKING THROUGH A STEADFAST COMMITMENT OF ACADEMIC EXCELLANCE, PERSONAL INTEGRITY, AND SERVICE TO OTHERS. 10,000
    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
    166,114,281
    b
    Average of monthly cash balances.......................
    1b
    926,223
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    167,040,504
    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
    167,040,504
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,505,608
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    164,534,896
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    8,226,745
    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
    8,226,745
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    11,713
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,713
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    8,215,032
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    8,215,032
    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
    8,215,032
    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
    8,215,032
    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
    8,215,032
    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
    8,215,032
    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 8,215,032
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 2,502,957
    b From 2016...... 3,283,142
    c From 2017...... 3,647,554
    d From 2018...... 4,061,586
    e From 2019...... 4,349,239
    fTotal of lines 3a through e........ 17,844,478
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 8,215,032
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 8,215,032
    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 17,844,478
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		2,502,957
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		15,341,521
    10 Analysis of line 9:
    a Excess from 2016.... 3,283,142
    b Excess from 2017.... 3,647,554
    c Excess from 2018.... 4,061,586
    d Excess from 2019.... 4,349,239
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BOYS AND GIRLS CLUB
    1015 COLLEGE
    1015 COLLEGE
    UNION CITY,TN38261     		    OUTREACH TO DISADVANTAGE YOUTH 2,000
    COMMUNITY CONCERT ASSOCIATION
    UC CIVIC AUDITORIUM
    HIGH SCHOOL DRIVE
    UNION CITY,TN38261     		    BRING QUALITY MUSIC TO AREA 1,000
    FELLOWSHIP OF CHRISTIAN ATHLETES
    1722 REELFOOT AVE STE 200
    1722 REELFOOT AVE STE 200
    UNION CITY,TN38261     		    CHRISTIAN MINISTRY 2,000
    FRIST ART MUSEUM
    919 BROADWAY
    919 BROADWAY
    NASHVILLE,TN37203     		    PRESENT HIGH QUALITY EDUC PROGRAMS 1,000
    HABITAT FOR HUMANITY OBION CO
    228 E MAIN ST
    228 E MAIN ST
    UNION CITY,TN38261     		    HOMES FOR LOW INCOME 2,000
    HABITAT FOR HUMANITY WILSON CO
    205 S MAPLE STREET
    205 S MAPLE STREET
    LEBANON,TN37087     		    HOMES FOR LOW INCOME 2,000
    MAGDELENE HOUSE
    1302 REDWOOD CIRCLE
    1302 REDWOOD CIRCLE
    DALLAS,TX75218     		    SAFE PLACE FOR WOMEN OF ALCHOL ABUSE 5,000
    MAIN STREET UNION CITY
    PO BOX 382
    PO BOX 382
    UNION CITY,TN38281     		    PRESERVE HISTORICAL DOWNTOWN 1,000
    MASQUERADE THEATRE
    PO BOX 1414
    PO BOX 1414
    UNION CITY,TN38281     		    QUALITY ART THRU LIVE PERFORMANCE 2,000
    MERCY COMMUNITY HEALTHCARE
    112 NINTH AVENUE S
    112 NINTH AVENUE S
    FRANKLIN,TN37064     		    MEDICAL 5,000
    MIDDLE TN BOY SCOUTS OF AM
    3414 HILLSBORO PIKE
    3414 HILLSBORO PIKE
    NASHVILLE,TN37215     		    EDUCATIONAL 5,000
    NASHVILLE RESCUE MISSION
    639 LAFAYETTE ST
    639 LAFAYETTE ST
    NASHVILLE,TN37203     		    FOOD BANK 1,000
    NEW LEASH ON LIFE
    507 JIM DRAPER BLVD
    507 JIM DRAPER BLVD
    LEBANON,TN37087     		    IMPROVE WELFARE OF COMPANION ANIMALS 2,000
    OBION COUNTY SALVATION ARMY
    1303 E REELFOOT AVENUE
    1303 E REELFOOT AVENUE
    UNION CITY,TN38261     		    HELPING UNDERPRIVILAGED 2,000
    OPERATION STAND DOWN
    1125 12TH AVE S
    1125 12TH AVENUE S
    NASHVILLE,TN37203     		    HELP VETERANS & FAMILIES 2,000
    PHOEBE CONNECTIONS
    508 CHELSEA LANE
    508 CHELSEA LANE
    LEBANON,TN37090     		    HELP WIDOWS-CHRISTIAN MINISTRY 1,000
    PRESTON TAYLOR MINISTRIES
    PO BOX 90442
    PO BOX 90442
    NASHVILLE,TN37209     		    CHRISTIAN YOUTH MINISTRY 4,000
    CHARITABLE - PROMETHEAN FOUNDATION
    624 E REELFOOT AVENUE
    624 E REELFOOT AVENUE
    UNION CITY,TN38261     		    PROVIDE DAYCARE FOR AT RISK CHILDREN 1,584,295
    SAFE HAVEN FAMILY SHELTER
    1234 3RD AVE S
    1234 3RD AVE S
    NASHVILLE,TN37210     		    HELP THE HOMELESS 2,500
    SHERRY'S RUN
    PO BOX 8
    PO BOX 8
    LEBANON,TN37089     		    BENEFIT THOSE AFFECTED BY CANCER 2,000
    ST LUKE COMMUNITY HOUSE
    5601 NEW YORK AVE
    5601 NEW YORK AVE
    NASHVILLE,TN37209     		    FOOD PANTRY 1,500
    TN DIAMONDS IN THE RUFF
    PO BOX 62
    PO BOX 62
    UNION CITY,TN38281     		    DOG RESCUE 3,000
    TRUDY'S KIDS CAFE
    306 S FIRST
    306 S FIRST
    UNION CITY,TN38261     		    PROVIDE MEALS FOR AT RISK CHILDREN 1,000
    UNION CITY YOUNG LIFE
    PO BOX 3233
    PO BOX 3233
    JACKSON,TN38303     		    CHRISIAN MINISTRY 2,000
    WILSON CO CIVID LEAGUE
    PO BOX 1231
    PO BOX 1231
    LEBANON,TN37088     		    IMPROVE SOCIAL CONDITIONS IN COUNTY 2,000
    SUMMIT COUNTRY DAY
    2161 GRANDIN ROAD
    2161 GRANDIN ROAD
    CINCINNATI,OH45208     		    DAY CARE - THOSE THAT CANNOT AFFORD 10,000
    CASA OF WILSON COUNTY
    111 CASTLE HEIGHTS AVE
    111 CASTLE HEIGHTS AVE
    LEBANON,TN37089     		    FAMILY SERVICES 2,000
    UNIV OF TN FOUNDATION
    1525 UNIVERSITY AVE
    1525 UNIVERSITY AVE
    KNOXVILLE,TN37921     		    SCHOLARSHIPS 10,000
    THE BRIDGE
    PO BOX 1208
    PO BOX 1208
    UNION CITY,TN38281     		    BATTERED WOMENS SHELTER 1,000
    UNITED WAY OF OBION COUNTY
    PO BOX 484
    PO BOX 484
    UNION CITY,TN38281     		    COMMUNITY SERVICES 2,000
    SCAN OF WILSON COUNTY
    105 EAST HIGH ST
    105 EAST HIGH ST
    LEBANON,TN37087     		    NEEDS FOR SENIOR CITIZENS 2,000
    DISCOVERY PARK OF AMERICA
    830 EVERETT BLVD
    830 EVERETT BLVD
    UNION CITY,TN38261     		    EDUCATION 6,508,737
    INTERFAITH DENTAL CENTER
    210 ROBERT ROSE DR
    210 ROBERT ROSE DR
    MURFREESBORO,TN37127     		    DENTAL SERVICES 1,000
    BROOKS HOUSE
    219 VIRGINIA AVE
    219 VIRGINIA AVE
    LEBANON,TN37087     		    HOMELESS OUTREACH 1,000
    SUNCOAST HUMANE SOCIETY
    6781 SAN CASA DR
    6781 SAN CASA DR
    ENGLEWOOD,FL34224     		    ANIMAL WELFARE 10,000
    BOCA GRANDE HEALTH CLINIC FOUNDATIO
    280 PARK AVE
    280 PARK AVE
    BOCA GRANDE,FL33921     		    HEALTH CARE SERVICES SUPPORT 10,000
    COMPASSIONATE HANDS
    214 N COLLEGE ST
    214 N COLLEGE ST
    LEBANON,TN37087     		    HOUSING FOR HOMELESS 3,000
    CHARLIE HAZEL DANIELS VETERAN FAM
    MTSU BOX 74
    MTSU BOX 74
    MURFREESBORO,TN37132     		    TRANSITION SVCS FOR VETERANS & FAM 3,000
    THE BRIDGE HOUSE
    110 W HIGH ST
    110 W HIGH ST
    LEBANON,TN37087     		    HOMELESS FOOD & CLOTHES 2,000
    SECOND HARVEST FOOT BANK
    331 GREAT CIRCLE RD
    331 GREAT CIRCLE RD
    NASHVILLE,TN37228     		    HUNGER RELIEF PROGRAMS 10,000
    FORGET ME NOT FOUNDATION OF NW TN
    3744 CLEEK ECHO DR
    3744 CLEEK ECHO DR
    UNION CITY,TN38261     		    ASSIST FAMILIES OF ALZHEIMER PATIENT 1,000
    Total .................................bullet 3a 8,215,032
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 1,637,687 539,476
    4 Dividends and interest from securities....     14 1,003,111  
    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.....         46,746
    8 Gain or (loss) from sales of assets other than
    inventory ............     		         
    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)..   2,640,798 586,222
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,227,020
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    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 ROBERT E & JENNY D KIRKLAND
    FOUNDATION
    Employer identification number

    13-4228589
    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 ROBERT E & JENNY D KIRKLAND
    FOUNDATION         		Employer identification number
    13-4228589
    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
    KIRKLAND 2005 CHARITABLE LEAD
    KIRKLAND 2005 CLAT
    4306 ESTESWOOD DRIVE
     
    NASHVILLE, TN37215

    		$ 481,440


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    KIRKLAND 2007 CHARITABLE LEAD
    KIRKLAND 2007 CLAT
    4306 ESTESWOOD DRIVE
     
    NASHVILLE, TN37215

    		$ 3,847,162


    (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 ROBERT E & JENNY D KIRKLAND
    FOUNDATION         		Employer identification number

    13-4228589
    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
     
    		$    
    (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 ROBERT E & JENNY D KIRKLAND
    FOUNDATION         		Employer identification number

    13-4228589
    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 ROBERT E & JENNY D KIRKLAND
     
    FOUNDATION
    EIN:
    13-4228589
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 98,390 98,390    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE ROBERT E & JENNY D KIRKLAND
     
    FOUNDATION
    EIN:
    13-4228589
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SIMMONS 1ST NATIONAL (58,192 SHARES)    
    SIMMONS/COMM. 1ST. BANCSHARES-ADJ TO    

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE ROBERT E & JENNY D KIRKLAND
     
    FOUNDATION
    EIN:
    13-4228589
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CARLYLE PRIVATE EQUITY ACCESS FUND 2 AT COST    
    CARLYLE PRIVATE EQUITY ACCESS FUND 2 FMV 700,623 700,623
    KK DIVERSIFIED AT COST    
    KK DIVERSIFIED - ADJ TO MARKET FMV 17,170,521 17,170,521
    OWL ROCK CAPITAL CORP II AT COST    
    OWL ROCK CAPITAL CORP II FMV 981,153 981,153
    ALPINE INVESTORS VII A LP AT COST    
    ALPINE INVESTORS VII A LP - ADJ TO M FMV 599,361 599,361
    REVELSTOKE CAPITAL PARTNERS FUND II AT COST    
    REVELSTOKE CAPITAL PARTNERS FUND II FMV 581,528 581,528
    PEACHTREE SSC MORTGAGE REIT LLC AT COST    
    PEACHTREE SSC MORTGAGE REIT LLC FMV 2,000,000 2,000,000
    ORIGAMI OPPS IV OFFSHORE AT COST    
    ORIGAMI OPPS IV OFFSHORE - ADJUST TO FMV 467,608 467,608
    ARDENT FINANCIAL FUND III LP FMV 1,680,154 1,680,154
    WPC - SEA II - CAYMAN FMV 159,579 159,579
    GOLUB PARTNERS CAPITAL INTERNATIONAL AT COST    
    GOLUB PARTNERS CAPITAL INT - ADJUST FMV 875,000 875,000
    GSO CREDIT ALPHA FEEDER FUND II LP AT COST    
    GSO CREDIT ALPHA FEEDER FUND II LP - FMV 986,664 986,664
    ANGEL OAK STRATEGIC MORTGAGE INCOME AT COST    
    ANCHORAGE ILLIQUID OPPORTUNITIES OFF AT COST    
    ANCHORAGE ILLIQUID OPPORTUNITIES - A FMV 1,563,551 1,563,551
    HOMRICH BERG AT COST    
    HOMRICH BERG-ADJ TO MARKET FMV 61,740,869 61,740,869
    INVESTMENT IN 2303 CRESTMOOR INC AT COST 3,315,669 3,315,669
    N3L FUND, LP AT COST    
    N3L FUND, LP-ADJ TO MARKET FMV    
    LPL - STOCKS AT COST    
    REVOLUTION PARTNERS INVESTMENTS AT COST    
    REVOLUTION PARTNERS INVEST - ADJ TO FMV 3,192,234 3,192,234
    WELLINGTON TRUST COMPANY AT COST    
    WELLINGTON TRUST COMPANY - ADJ TO MA FMV 44,139,092 44,139,092
    TRUSCO AT COST    
    TRUSCO - ADJ TO MARKET FMV 8,080,798 8,080,798
    GALLEON PARTNERS SPC LP FMV    
    PARKERGALE CAPITAL II LP AT COST    
    PARKERGALE CAPITAL II LP - ADJ TO MA FMV 389,551 389,551
    PETRA GROWTH FUND IV LP AT COST    
    PETRA GROWTH FUND IV LP - ADJ TO MAR FMV 40,481 40,481
    LPL - ADJ TO MARKET FMV 22,569,811 22,569,811
    FCA VENTURE PARTNERS VI QP, LP AT COST    
    FCA VENTURE PARTNERS VI QP, LP-ADJ T FMV 803,761 803,761
    KLCP OFFSHORE FMV 353,466 353,466
    DAVIDSON KEMPNER LONG TERM FMV 183,168 183,168
    PIMCO DISCO OFFSHORE FMV 311,519 311,519
    RED DOT HOLDINGS III LP FMV 800,080 800,080
    LONE STAR FUND XI LP FMV 70,761 70,761
    GREENSPRING OPPORTUNITIES V FMV 1,428,995 1,428,995
    INSOLVE GLOBAL CREDIT FUND IV FMV 633,468 633,468
    GOLUB CAPITAL PARTNERS XI LP FMV 864,062 864,062
    K4 PRIVATE INVESTORS LP FMV 798,439 798,439
    MIDSOUTH EQUITY PARTNERS IV LP FMV 283,576 283,576
    RIDGEMONT EQUITY PARTNERS III FMV 941,949 941,949
    TECHNOLOGY OPERATORS III LP FMV 204,255 204,255
    WARBURG PINCUS FINANCIAL SECTOR FMV 659,343 659,343
    WEBSTER CAPITAL IV LP FMV 1,001,509 1,001,509
    CROW HOLDINGS SELF STORAGE FMV 1,098,053 1,098,053
    LOCUST POINT PRIVATE CREDIT FMV 1,286,791 1,286,791
    KAEF VIII CASILLAS II FMV 17,628 17,628
    KAYNE ANDERSON ENERGY VIII FMV 288,616 288,616
    QUANTUM ENERGY PARTNERS VII LP FMV 722,065 722,065
    PEACHTREE ALTERNATIVE STRATEGIES FUN FMV 5,260,795 5,260,795
    BENEFIT ST PARTNERS DISLOCATION FUND FMV 159,953 159,953

    TY 2020 LandEtcSchedule2
    Name:
    THE ROBERT E & JENNY D KIRKLAND
     
    FOUNDATION
    EIN:
    13-4228589
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    TRUCK 5,000   5,000 5,000
    HOUSE & FARM 1,443,700   1,443,700 1,443,700


    TY 2020 LegalFeesSchedule
    Name:
    THE ROBERT E & JENNY D KIRKLAND
     
    FOUNDATION
    EIN:
    13-4228589
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 2,175 2,175    


    TY 2020 OtherDecreasesSchedule
    Name:
    THE ROBERT E & JENNY D KIRKLAND
     
    FOUNDATION
    EIN:
    13-4228589
    Description Amount
    990PF TAX 19,022
    NONDEDUCTIBLE K1 EXPENSE 1,287
    NONDEDUCTIBLE HOUSE/FARM EXPENSES 583,458


    TY 2020 OtherExpensesSchedule
    Name:
    THE ROBERT E & JENNY D KIRKLAND
     
    FOUNDATION
    EIN:
    13-4228589
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    CONSULTING 123,000 123,000    
    DUES 150 150    
    OFFICE EXPENSE 161 161    
    BANK CHARGES 6 6    
    FEE/EXPENSES - HOMRICH BERG 145,773 145,773    
    OTHER DEDUCTIBLE INVESTMENT E 880,902 880,902    


    TY 2020 OtherIncomeSchedule2
    Name:
    THE ROBERT E & JENNY D KIRKLAND
     
    FOUNDATION
    EIN:
    13-4228589
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME(LOSS) INVESTMENT 464,702 464,702  
    GAIN (LOSS) ON INVESTMENTS -434,361 -434,361  
    MISC. INCOME 48 48  
    GAIN ON SALE OF INVESTMENTS 16,357 16,357  


    TY 2020 OtherIncreasesSchedule
    Name:
    THE ROBERT E & JENNY D KIRKLAND
     
    FOUNDATION
    EIN:
    13-4228589
    Description Amount
    UNREALIZED GAINS ON INVESTMENTS 23,662,815
    N/P KIRKLAND AT MRS. K'S DEATH 35,613,000
    ADDITIONAL ASSETS FROM MARITAL TRUST 20,471,516


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE ROBERT E & JENNY D KIRKLAND
     
    FOUNDATION
    EIN:
    13-4228589
    Description Beginning of Year - Book Value End of Year - Book Value
    UNEMPLOYMENT TAXES PAYABLE 17  


    TY 2020 OtherNotesLoansRcvblShortSch2
    Name:
    THE ROBERT E & JENNY D KIRKLAND
     
    FOUNDATION
    EIN:
    13-4228589
    Name of 501(c)(3) Organization Balance Due
    DUE FROM DPC LLC (2008)
          		2,870,660
    DUE FROM DPC LLC (2009)
          		3,288,538
    DUE FROM DPC LLC (2010)
          		4,171,600
    DUE FROM DPC LLC (2011)
          		14,569,355
    DUE FROM DPC LLC (2012)
          		30,298,540
    DUE FROM DPC LLC (2013)
          		21,145,750


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE ROBERT E & JENNY D KIRKLAND
     
    FOUNDATION
    EIN:
    13-4228589
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEES/EXPENSES - TRUSCO 59,457 59,457    
    FEES/EXPENSES - REVOLUTION PARTN 34,748 34,748    


    TY 2020 TaxesSchedule
    Name:
    THE ROBERT E & JENNY D KIRKLAND
     
    FOUNDATION
    EIN:
    13-4228589
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER TAXES 15,674 15,674    
    FOREIGN TAX 61,376 61,376