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
DARREN AND TERRY JACKSON FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1313 N FRANKLIN PL NO 2006
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI53202
A Employer identification number

20-5941634
B Telephone number (see instructions)

(651) 698-0198
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$10,775,926J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 152,745 152,745  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 955,280
b Gross sales price for all assets on line 6a 6,138,805
7 Capital gain net income (from Part IV, line 2)... 955,280
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).......      
12 Total. Add lines 1 through 11........ 1,108,025 1,108,025  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,645 3,323   3,322
c Other professional fees (attach schedule).... Click to see attachment 76,387 76,252   135
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,283 5,283   0
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 1,050 0   1,050
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 89,365 84,858   4,507
25 Contributions, gifts, grants paid....... 1,654,822 1,654,822
26 Total expenses and disbursements. Add lines 24 and 25 1,744,187 84,858   1,659,329
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -636,162
b Net investment income (if negative, enter -0-) 1,023,167
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......... 886,723 863,499 863,499
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 6,770,361 Click to see attachment6,227,106 8,887,708
c Investments—corporate bonds (attach schedule)....... 71,339 0 0
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 979,906 Click to see attachment1,020,540 1,020,540
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment4,605 Click to see attachment4,179 Click to see attachment4,179
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,712,934 8,115,324 10,775,926
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 890,989 890,989
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 7,821,945 7,224,335
29 Total net assets or fund balances (see instructions)..... 8,712,934 8,115,324
30 Total liabilities and net assets/fund balances (see instructions). 8,712,934 8,115,324
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
8,712,934
2
Enter amount from Part I, line 27a .....................
2
-636,162
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
40,634
4
Add lines 1, 2, and 3 ..........................
4
8,117,406
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,082
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,115,324
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLIC TRADED SECURITIES P    
b WASH SALES LOSS DISALLOWED P    
c MARKET DISCOUNT P    
d CAPITAL GAINS DIVIDENDS P    
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 6,136,056   5,262,894 873,162
b       79,387
c       -18
d 2,749     2,749
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       873,162
b       79,387
c       -18
d       2,749
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 2 955,280
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 14,222
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 14,222
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 14,222
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 37,980
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 37,980
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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 23,758
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet23,758 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)
    bulletMN, WI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletDARREN JACKSON Telephone no.bullet (651) 698-0198

    Located atbullet290 WOODLAWN AVENUEST PAULMN ZIP+4bullet55105
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DARREN R JACKSON PRESIDENT
    1.00     		0 0 0
    290 WOODLAWN AVENUE
    ST PAUL,MN55105
    THERESA A JACKSON TREASURER
    0.50     		0 0 0
    290 WOODLAWN AVENUE
    ST PAUL,MN55105
    RYAN D JACKSON DIRECTOR
    1.00     		0 0 0
    290 WOODLAWN AVENUE
    ST PAUL,MN55105
    BRIDGET C JACKSON DIRECTOR
    1.00     		0 0 0
    290 WOODLAWN AVENUE
    ST PAUL,MN55105
    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 0
    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
    MORGAN STANLEY INVESTMENT MANAGEMENT FEES 76,252
    345 SAINT PETER ST SUITE 1800
    ST PAUL,MN55102
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    8,751,417
    b
    Average of monthly cash balances.......................
    1b
    909,075
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,660,492
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    9,660,492
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    144,907
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,515,585
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    475,779
    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
    475,779
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    14,222
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,222
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    461,557
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    461,557
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    461,557
    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
    1,659,329
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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
    1,659,329
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,659,329
    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 7 461,557
    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...... 211,779
    b From 2016...... 807,270
    c From 2017...... 124,628
    d From 2018...... 360,300
    e From 2019...... 982,161
    fTotal of lines 3a through e........ 2,486,138
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,659,329
    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..... 461,557
    e Remaining amount distributed out of corpus 1,197,772
    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 3,683,910
    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) ...     		211,779
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		3,472,131
    10 Analysis of line 9:
    a Excess from 2016.... 807,270
    b Excess from 2017.... 124,628
    c Excess from 2018.... 360,300
    d Excess from 2019.... 982,161
    e Excess from 2020.... 1,197,772
    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).)
    DARREN R JACKSON
    THERESA A JACKSON
    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
    ACTS HOUSING
    2414 W VLIET ST
    MILWAUKEE,WI53205     		NONE PC GENERAL OPERATING 10,000
    AFS USA INC
    120 WALL ST 4TH FL
    NEW YORK,NY10005     		NONE PC GENERAL OPERATING 1,000
    ALL-IN MILWAUKEE
    135 WEST WELLS STREET SUITE 100
    MILWAUKEE,WI53203     		NONE PC GENERAL OPERATING 198,642
    ARRUPE VIRTUAL LEARNING INSTITUTE
    1606 NORTH 59TH STREET
    OMAHA,NE68104     		NONE PC GENERAL OPERATING 1,000
    BEACON INTERFAITH HOUSING COLLABORATIVE
    2610 UNIVERSITY AVE W SUITE 100
    SAINT PAUL,MN55114     		NONE PC GENERAL OPERATING 5,000
    CATHOLIC SERVICES APPEAL FOUNDATION
    12805 HIGHWAY 55 UNIT 210
    PLYMOUTH,MN55441     		NONE PC GENERAL OPERATING 5,000
    CERENITY MARION OF ST PAUL FOUNDATION
    225 FRANK STREET
    ST PAUL,MN55106     		NONE PC GENERAL OPERATING 1,000
    CRISTO REY JESUIT HIGH SCHOOL
    1818 W NATIONAL AVENUE
    MILWAUKEE,WI53204     		NONE PC GENERAL OPERATING 10,340
    CRISTO REY JESUIT HIGH SCHOOL
    2924 4TH AVENUE SOUTH
    MINNEAPOLIS,MN55408     		NONE PC GENERAL OPERATING 25,000
    DEMONTREVILLE JESUIT RETREAT HOUSE
    8243 DEMONTREVILLE TRAIL NO
    LAKE ELMO,MN550429546     		NONE PC GENERAL OPERATING 10,000
    DOMINICAN SISTERS GRAND RAPIDS
    2025 FULTON ST E
    GRAND RAPIDS,MI49503     		NONE PC GENERAL OPERATING 2,000
    FAMILIES MOVING FORWARD
    1808 EMERSON AVE N
    MINNEAPOLIS,MN55411     		NONE PC GENERAL OPERATING 5,000
    FEED MY STARVING CHILDREN
    401 93RD AVE NW
    COON RAPIDS,MN55433     		NONE PC GENERAL OPERATING 2,000
    FRED WELLS TENNIS & EDUCATION CENTER
    100 FEDERAL DRIVE
    ST PAUL,MN55111     		NONE PC GENERAL OPERATING 5,000
    FRIENDS OF CHIMBOTE
    PO BOX 717
    FARGO,ND58078     		NONE PC GENERAL OPERATING 2,000
    HABITAT FOR HUMANITY
    322 W LAMAR ST
    AMERICUS,GA31709     		NONE PC GLOBAL IMPACT 1,000
    HIGHLAND CATHOLIC SCHOOL
    2017 BOHLAND AVE
    ST PAUL,MN55116     		NONE PC GENERAL OPERATING 10,000
    LITTLE SISTERS OF THE POOR OF ST PAUL
    330 EXCHANGE ST S
    ST PAUL,MN55102     		NONE PC GENERAL OPERATING 5,000
    LUMEN CHRISTI CATHOLIC COMMUNITY
    2055 BOHLAND AVE
    ST PAUL,MN55116     		NONE PC GENERAL OPERATING 25,000
    MARQUETTE UNIVERSITY
    1250 WEST WISCONSIN AVENUE PO BOX
    1881
    MILWAUKEE,WI532011881     		NONE PC GENERAL OPERATING; NURSING FEASIBILITY STUDY; BLUE AND GOLD ATHLETIC SCHOLARSHIP 658,704
    MINNESOTA COLORECTAL CANCER RESEARCH FOUNDATION
    2294 STANFORD CT
    SAINT PAUL,MN55105     		NONE PC GENERAL OPERATING 5,000
    NEIGHBORHOOD HOUSE
    179 ROBIE ST E
    ST PAUL,MN55107     		NONE PC GENERAL OPERATING 2,000
    NPH-USA
    134 NORTH LA SALLE ST SUITE 500
    CHICAGO,IL60602     		NONE PC GENERAL OPERATING 1,636
    OUR LADY OF PEACE
    2076 ST ANTHONY AVE
    ST PAUL,MN55104     		NONE PC GENERAL OPERATING 10,000
    SECOND HARVEST
    7101 WINNETKA AVE N
    BROOKLYN PARK,MN55428     		NONE PC GENERAL OPERATING 5,000
    ST ANTHONY OF CATHOLIC CHURCH
    PO BOX 38
    LAC DU FLAMBEAU,WI54538     		NONE PC GENERAL OPERATING 2,000
    ST AUGUSTINE PREPARE MILWAUKEE
    2607 S 5TH STREET
    MILWAUKEE,WI53207     		NONE PC GENERAL OPERATING 10,000
    ST MARCUS SCHOOL
    2215 NORTH PALMER ST
    MILWAUKEE,WI53212     		NONE PC GENERAL OPERATING 5,000
    STUDIONE-EIGHTY
    2924 4TH AVENUE SOUTH
    MINNEAPOLIS,MN55403     		NONE PC GENERAL OPERATING 7,500
    THE DREXEL FUND
    135 W WELLS STREET SUITE 100
    MILWAUKEE,WI53203     		NONE PC GENERAL OPERATING 500,000
    THREE HOLY WOMEN CATHOLIC PARISH
    1716 NORTH HUMBOLDT AVE
    MILWAUKEE,WI53202     		NONE PC GENERAL OPERATING 26,000
    UNITED COMMUNITY CENTER
    1028 SOUTH 9TH STREET
    MILWAUKEE,WI53204     		NONE PC GENERAL OPERATING 10,000
    UNIVERSITY OF DENVER FOUNDATION
    2601 EAST COLORADO AVE
    DENVER,CO80208     		NONE PC GENERAL OPERATING 36,000
    WALLIN EDUCATION PARTNERS
    5200 WILLSON RD SUITE 209
    MINNEAPOLIS,MN55424     		NONE PC GENERAL OPERATING 50,000
    WI PROVINCE SOCIETY OF JESUS
    3400 W WISCONSIN AVE
    MILWAUKEE,WI53208     		NONE PC GENERAL OPERATING 1,000
    YMCA OF GREATER TWIN CITIES
    651 NICOLLET MALL SUITE 500
    MINNEAPOLIS,MN55402     		NONE PC GENERAL OPERATING 1,000
    Total .................................bullet 3a 1,654,822
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		         
    4 Dividends and interest from securities....     14 152,745  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 955,280  
    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 1,108,025 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,108,025
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEES 6,645 3,323   3,322

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VANGUARD REAL ESTATE ETF 605,892 659,481
    AB HIGH INCOME ADV 541,466 572,375
    BNY MELLON NATURAL RES I 300,756 360,083
    JP MORGAN EMERGING MKTS EQ I 444,850 510,923
    PIMCO INTL BDE UNHEDGED I2 282,976 326,437
    PIMCO TOTAL REUTRN I2 234,497 245,238
    ABOIMED INC 4,845 9,078
    ADIDAS AG 30,354 42,271
    ADVANCED MICRO DEVICES 6,795 30,081
    ADYEN N V UNSPONSRED ADR 16,200 43,616
    AGILENT TECHNOLOGIES 2,282 2,370
    AIA GROUP LTD SPON ADR 14,103 31,984
    AIR PROD & CHEM INC 12,097 22,677
    AIRBUS SE UNSPONSORED ADR 21,317 21,282
    ALCON INC 21,682 22,103
    ALIBABA GROUP HLDG LTD 14,117 16,291
    ALIGN TECHNOLOGY 17,397 19,772
    ALLSTATE CORP 29,220 44,082
    ALPHABET INC CL C 19,462 38,541
    AMADEUS IT GROUP S.A ADR 36,332 37,044
    AMER INTL GP INC NEW 52,918 48,839
    AMPHENOL CORP NEW CL A 9,854 15,300
    ANSYS INC 8,646 19,645
    AON PLC CL A 5,347 9,718
    APPLE INC 36,236 130,700
    ARCH CAPITAL GROUP 14,708 18,829
    ARCHER DANIELS MIDLAND 28,500 39,521
    ASML HOLDING NV NY REG NEW 48,507 67,305
    AT&T INC 41,955 39,833
    AUTODESK INC DELAWARE 7,448 30,229
    BIOGEN INC COM 6,271 5,632
    BIOMARIN PHARMAC SE 7,386 7,980
    BLACK KNIGHT INC 8,886 25,356
    BLACKSTONE GROUP INC CL A 9,172 12,638
    BRIGHT HORIZONS FAMILY SOLUT 3,752 4,844
    BROADCOM INC 26,046 42,909
    BROOKFIELD ASSET MGNT CL A LTD 21,684 40,899
    BROOKFIELD INFRASTURE SB VTG A 8,480 16,051
    BROOKFIELD PPTY REIT INC CL A 3,576 2,779
    BROOKFIELD RENEWABLE CORP CL A 1,086 1,632
    BROWN & BROWN INC 6,457 13,796
    BROWN FORMAN CORP CL B 2,835 5,719
    BURBERRY GROUP PLC SPONS ADR 22,856 24,462
    CANAE HLDGS INC 2,098 2,568
    CARMAX INC 16,442 27,110
    CARVANA CO CL A 12,572 14,612
    CATERPILLAR INC 33,008 47,507
    CBRE GROUP INC CL A 9,058 19,004
    CELLNEX TELECOM SA UNS ADR 14,611 14,748
    CHARLES SCHWAB NEW 12,429 17,026
    CHIPOTLE MEXICAN GRILL INC COM 15,709 33,281
    CIGNA CORP 34,998 44,134
    CISCO SYS INC 30,198 43,587
    COGNEX CORP 1,099 1,927
    COGNIZANT TECH SOLUTIONS CL A 36,516 49,662
    COLFAX CORP 2,609 3,824
    COMCAST CORP (NEW) CLASS A 30,942 43,544
    CONAGRA BRANDS INC 33,806 39,813
    CONOCOPHILLIPS 43,818 49,308
    COPART INC 12,179 29,904
    COSTAR GROUP INC 24,790 41,593
    CREDIT ACCEPTANCE CORP 17,568 15,922
    DEERE & CO 14,358 14,798
    DEXCOM INC 3,594 18,116
    DIAGED PLC SPON ADR NEW 36,646 37,003
    DISCOVER FINCL SVCS 38,058 41,372
    DOLLAR GEN CORP NEW COM 2,101 5,258
    DOMINOS PIZZA INC 8,239 12,654
    DUPONT DE NEMOURS INC 38,259 45,795
    EDISON INTERNATIONAL 40,895 43,346
    EDP ENERGIAS DE PORTGUAL SA 31,603 38,202
    ELASTIC N V 27,527 33,025
    ENPHASE ENERGY 7,474 12,283
    EQUINIX INC 13,619 25,710
    EQUITY RESIDENTIAL 43,460 43,274
    ESTEE LAUDER CO INC CL A 8,676 14,374
    EXACT SCIENCES CORP 12,320 15,766
    FACEBOOK INC CL-A 35,960 51,900
    FANUC CORPORATION UNSP ADR 22,811 32,862
    FEDEX CORP 15,353 14,279
    FIDELITY NATIONAL FINANCIAL IN 11,528 17,747
    FIRST REPUBLIC BANK 4,885 8,375
    GARTNER INC 15,219 17,301
    GIVAUDAN SA ADR 27,410 29,446
    GRUBHUB INC 2,763 3,194
    GUIDEWIRE SOFTWARE INC 10,967 15,448
    HEICO CORP CLASS A 8,506 12,291
    HILTON WORLDWIDE HLDS INC 15,396 24,588
    HOME DEPOT INC 9,031 17,797
    HONEYWELL INTERNATION INC 38,325 39,562
    HOWARD HUGHES CORP 13,631 9,708
    HOYA CORP SPONS ADR 26,734 28,452
    HYATT HOTELS CORP COM CL A 8,499 9,281
    INCO PLC 32,859 34,122
    INDEX LABS 5,383 13,996
    HIS MARKIT LTD 8,060 14,103
    INDUSTRIA DE DISNO TEXTIL IND 27,340 26,225
    INTEL CORP 30,744 40,404
    INTUITIVE SURGICAL INC 8,102 31,088
    JOHNSON & JOHNSON 30,458 40,447
    JUST EAT TAKEAWAY COM N V ADR 27,741 30,145
    KAO CORP 29,276 29,552
    KBC GROUP NV UNSPONS ADR 16,639 15,875
    KENNEDY-WILSON HLDGS INC COM 6,284 6,190
    L OREAL CO ADR 17,324 37,314
    LAM RESEARCH CORPORATION 11,585 19,363
    LEGRAND SA 31,392 33,017
    LENNAR CORPORATION 10,525 17,838
    LIBERTY BROADBAND CORP S-A 3,772 8,194
    LIBERTY BROADBAND CORP S-C 13,748 28,823
    LIBERTY MEDIA C SER A SIRIUSXM 2,970 3,671
    LIBERTY MEDIA CORP SER A 1,003 1,330
    LIBERTY MEDIA CORP SER C 6,641 9,031
    LINDE PLC 24,416 37,945
    LIVE NATION ENTERTAINMENT INC 9,358 14,108
    LONDON STK EXCHANGE GROUP ADR 47,497 56,987
    LOWE COMPANIES INC 30,171 50,240
    LULUEMON ATHLETICA INC 9,653 25,058
    LVMH MOET HENNESSY LOUIS VUITT 31,499 33,053
    M&T BANK CORP 4,110 4,710
    MARKETL CORP 24,584 28,932
    MARKETAXESS HOLDINGS INC 12,449 27,387
    MARTIN MARIETTA MATERIALS 7,750 12,779
    MASTERCARD INC CL A 16,819 27,841
    MATCH GROUP INC 8,380 29,180
    MERCADOLIBRE INC 4,949 36,855
    MERCK & CO IN NEW COM 28,419 39,755
    METTLER TOLEDO INTL 7,275 14,816
    MICROCHIP TECHNOLOGY INC 7,964 17,264
    MICROSOFT CORP 22,975 83,185
    MODERNA INC 795 6,791
    MONDELEZ INTL INC COM 28,026 39,760
    MONOTARO CO LTD ADR 18,774 18,049
    MONSTER BEVERAGE CORP NEW COM 19,921 31,628
    MOODYS CORP 3,638 9,868
    MORGAN STANLEY 12,644 15,625
    MOTOROLA SOLUTIONS INC 43,134 49,658
    MSCI INC COM 3,809 19,647
    NESTLE SPON ADR REG SHR 45,014 61,609
    NIDEC CORP 24,202 26,343
    NINTENDO CO LTD ADR NEW 51,171 61,598
    NORFOLK SOUTHERN CORP 12,766 17,108
    NORTHROP GRUMMAN CP 30,422 39,614
    NOVO NORDISK A/S ADR 31,318 33,249
    NVIDIA CORPORATION 6,921 23,499
    O'REILLY AUTOMOTIVE INC NEW 11,554 23,081
    ORACLE CORP 27,157 42,049
    PAYPAL HLDGS INC COM 15,254 60,892
    PING AN INSURANCE 30,352 33,124
    PINTEREST INC CL A 6,881 7,579
    PROGRESSIVE CORP OHIO 2,696 7,218
    QUALCOMM INC 22,707 29,554
    RAYTHEON TECHNOLGIES CORP 35,108 45,552
    REALPAGE INC 11,844 19,018
    REGENERON PHARMACEUTICALS INC 16,720 20,291
    RETOKIL GROUP PLC SP ADR 31,204 33,642
    RESTAURANT BRANDS INTL INC COM 13,211 16,866
    ROCHE HOLDINGS ADR 24,668 37,965
    ROCKWELL AUTOMOTIVE INC 13,582 21,068
    ROPER TECHNOLOGIES, INC 10,992 27,159
    ROSS STORES INC 4,725 8,105
    S&P GLOBAL INC COM 7,329 19,066
    SALESFORCE.COM, INC 16,931 15,800
    SBA COMMUNICTNS CORP NEW CL A 8,901 25,956
    SEAGAN INC 23,787 31,000
    SERVICENOW INC 2,111 12,109
    SHERWIN WILLIAMS COMPANY OHIO 10,006 22,047
    SHISEIDO LTD SPON ADR 28,893 28,067
    SHOPIFY INC 43,474 69,049
    SLACK TECHNOLOGIES INC CL A 5,323 9,546
    SNAP INC CL A 19,186 37,002
    SOCIEDAD QUIMICA Y MINERA ADS 11,928 12,174
    SOLAREDGE TECHNOLGIES INC 21,658 25,210
    SPOTIFY TECHNOLOGY SA 42,000 48,772
    SQUARE INC CLASS A 15,683 31,340
    SS&C TECHNOLGIES HLDGS INC 7,700 9,167
    STONECO LTD CL A 27,614 32,729
    SUMMIT MATLS INC CL A 3,860 5,442
    SYNOPSYS INC 12,104 28,776
    TAIWAN SMCNDCTR MFG CO LTD ADR 8,005 35,329
    TEAMVIEWER AG ADR 35,405 41,930
    TELEPERFORMANCE SA USP ADR 27,725 29,323
    TEMENOS AG SPONSORED ADR 18,760 20,960
    TENCENT HLDS LTD UNSPON ADR 18,412 28,828
    TESLA INC 7,175 79,035
    TEXAS INSTRUMENTS 17,181 27,574
    THE BOSTON BEER CO INC A 18,759 21,874
    THOMSON REUTERS CORP 31,918 32,756
    TOKYO ELECTION LTD UNSPON ADR 31,421 36,219
    TRADE DESK INC CLASS A 4,991 17,622
    TRANSDIGM GROUP INC 15,600 43,938
    TRANSUNION 9,620 15,081
    TRUIST FINL CORP 33,767 45,869
    TWITTER INC 5,523 6,877
    TYLER TECHOLOGIES INC 6,911 8,730
    UMICORE SA ADR 19,503 20,777
    VEEVA SYS INC CL A 1,781 5,717
    VERISIGN INC 7,286 18,178
    VERISK ANALYTICS INC COM 7,763 15,154
    VERIZON COMMUNICATIONS 33,745 39,715
    VESTAS WIND SYSTEMS ADS 15,730 19,323
    VORNADO REALTY TRUST 3,548 2,278
    VULCAN MATERIALS CO 20,165 29,959
    WALT DISNEY CO HLDG CO 30,273 52,905
    WAYFAIR INC 4,189 7,226
    WIX COM LTD 9,336 22,746
    WORKDAY INC CL A 9,290 10,303
    WORLDLINE INC CL A 23,807 25,041
    ZILLOW GROUP INC CL C CAP STK 16,620 21,806
    CREE RESEARCH INC 175,542 820,725

    TY 2020 InvestmentsOtherSchedule2
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    LIFE INSURANCE FMV 1,020,540 1,020,540

    TY 2020 OtherAssetsSchedule
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE 4,314 3,884 3,884
    OTHER RECEIVABLES 291 295 295


    TY 2020 OtherDecreasesSchedule
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Description Amount
    BROKER ADJUSTMENTS TO BASIS 2,082


    TY 2020 OtherExpensesSchedule
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MEMBERSHIP FEES 1,050 0   1,050


    TY 2020 OtherIncreasesSchedule
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Description Amount
    UNREALIZED CHANGE IN FMV OF LIFE INSURANCE 40,634


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES 135 0   135
    INVESTMENT MANAGEMENT FEES 76,252 76,252   0


    TY 2020 TaxesSchedule
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 5,283 5,283   0