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 SCOTT HUDGENS FAMILY
FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)3425 DULUTH PARK LANE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DULUTH, GA30096
A Employer identification number

58-2513020
B Telephone number (see instructions)

(770) 813-8817
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$93,125,315J 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) 9,278,638
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 805,952 805,952  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 578,362
b Gross sales price for all assets on line 6a 5,558,738
7 Capital gain net income (from Part IV, line 2)... 578,362
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 1,034,133 831,288  
12 Total. Add lines 1 through 11........ 11,697,085 2,215,602  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 186,000 151,776   34,224
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 60,210 60,210   0
b Accounting fees (attach schedule)....... Click to see attachment 85,225 85,225   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 79,037 9,037   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 729,720 713,714   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,140,192 1,019,962   34,224
25 Contributions, gifts, grants paid....... 2,208,002 2,208,002
26 Total expenses and disbursements. Add lines 24 and 25 3,348,194 1,019,962   2,242,226
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 8,348,891
b Net investment income (if negative, enter -0-) 1,195,640
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............. 59,725 84,172 84,172
2 Savings and temporary cash investments......... 4,270,612 4,278,397 4,278,397
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) bullet439,919
Less: allowance for doubtful accounts bullet0 488,135 439,919 439,919
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,474,090 Click to see attachment1,444,454 1,452,036
b Investments—corporate stock (attach schedule)....... 19,730,110 Click to see attachment21,611,739 28,872,142
c Investments—corporate bonds (attach schedule)....... 2,843,679 Click to see attachment2,939,440 3,218,844
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 30,133,660 Click to see attachment36,334,901 54,779,805
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment25,273 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 59,025,284 67,133,022 93,125,315
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue................. 408,612 167,459
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)......... 408,612 167,459
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 58,616,672 66,965,563
29 Total net assets or fund balances (see instructions)..... 58,616,672 66,965,563
30 Total liabilities and net assets/fund balances (see instructions). 59,025,284 67,133,022
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
58,616,672
2
Enter amount from Part I, line 27a .....................
2
8,348,891
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
66,965,563
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
66,965,563
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 UBS - SHORT-TERM CAPITAL GAIN DISTRIBUTION P    
b UBS - LONG-TERM CAPITAL GAIN DISTRIBUTION P    
c GAIN ON INSTALLMENT SALE P 1994-10-05 2020-12-31
d CAPITAL GAIN VARIOUS K-1S P    
e UBS - PUBLICLY TRADED SECURITIES P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 5,162     5,162
b 25,146     25,146
c 241,152     241,152
d 7,881     7,881
e 5,279,397   4,980,376 299,021
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       5,162
b       25,146
c       241,152
d       7,881
e       299,021
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 2 578,362
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 16,619
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 16,619
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 16,619
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 21,492
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 21,492
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 4,873
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet4,873 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletGA
    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 Click to see attachment.............
    11
    Yes
     
    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 addressbulletWWW.HUDGENSFOUNDATION.ORG
    14
    The books are in care ofbulletBROGDON CONSULTING INC Telephone no.bullet (770) 813-8111

    Located atbullet3425 DULUTH PARK LANEDULUTHGA ZIP+4bullet30096
    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
    DALLAS S HUDGENS III CHAIRMAN, DIRECTOR
    2.00     		0 0 0
    402 E JEFFERSON STREET
    FALLS CHURCH,VA22046
    WILLIAM A BROGDON EXEC. DIR.
    8.00     		186,000 0 0
    3425 DULUTH PARK LANE
    DULUTH,GA30096
    RICHARD MAYBERRY DIRECTOR
    1.00     		0 0 0
    3800 NORTH FAIRFAX DRIVE UNIT 1112
    ARLINGTON,VA22203
    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
    RICHARD MAYBERRY LEGAL SERVICES 60,000
    3800 NORTH FAIRFAX DRIVE UNIT 1112
    ARLINGTON,VA22203
    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
    32,188,377
    b
    Average of monthly cash balances.......................
    1b
    173,836
    c
    Fair market value of all other assets (see instructions)................
    1c
    55,219,724
    d
    Total (add lines 1a, b, and c).........................
    1d
    87,581,937
    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
    87,581,937
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,313,729
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    86,268,208
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,313,410
    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
    4,313,410
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    16,619
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,619
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,296,791
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    4,296,791
    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
    4,296,791
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    2,242,226
    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
    2,242,226
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,242,226
    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 4,296,791
    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...... 390,743
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019...... 544,127
    fTotal of lines 3a through e........ 934,870
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,242,226
    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..... 2,242,226
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 934,870 934,870
    (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 0
    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 ..........     		1,119,695
    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) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    NA
    3425 DULUTH PARK LANE
    DULUTH,GA30096
    (770) 813-8111
    bThe form in which applications should be submitted and information and materials they should include:
    SEE WEBSITE
    cAny submission deadlines:
    SEE WEBSITE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE WEBSITE
    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
    ACLU OF GEORGIA INC
    1100 SPRING STREET NW STE 640
    ATLANTA,GA30309     		    PUBLIC CHARITY - 501 (C)(3)VOTER RIGHTS PURPOSES 25,000
    ALZHEIMER'S ASSOCIATION
    41 PERIMETER CENTER EAST
    ATLANTA,GA30346     		    PUBLIC CHARITY - 501(C)(3)PROGRAMS AND SERVICES 25,000
    AMERICAN CANCER SOCIETY
    250 WILLIAMS STREET
    ATLANTA,GA30303     		    PUBLIC CHARITY - 501(C)(3)RENOVATION & EXP OF HOPE LODGE 150,000
    ANNANDALE VILLAGE
    3500 ANNANDALE LANE
    SUWANEE,GA30024     		    PUBLIC CHARITY - 501(C)(3)GENERAL OPERATING FUND 50,000
    ATHLETES FOR A BETTER WORLD
    2997 COBB PARKWAY SE SUITE 300
    723175
    ATLANTA,GA31139     		    PUBLIC CHARITY - 501(C)(3)VINCENT J DOOLEY AWARDS & SCHOLARSHIP PROGRAM 25,000
    ATLANTA COMMUNITY FOOD BANK
    3400 NORTH DESERT DRIVE
    ATLANTA,GA30344     		    PUBLIC CHARITY - 501(C)(3)GENERAL OPERATING SUPPORT 50,000
    ATLANTA RONALD MCDONALD HOUSE CHARITIES
    795 GATEWOOD RD
    ATLANTA,GA30329     		    PUBLIC CHARITY - 501(C)(3)ADOPT-A-FAMILY PROGRAM 25,000
    BOYSGIRLS CLUB METRO ATL
    1275 PEACHTREE STREET NE SUITE 500
    ATLANTA,GA30309     		    PUBLIC CHARITY - 501(C)(3)GENERAL OPERATING FUND - MUSIC PROGRAM 35,000
    BUTTON ART
    7130 BUFORD HIGHWAY NE STE A-245
    DORAVILLE,GA30340     		    PUBLIC CHARITY - 501(C)(3)MATCH THE EXPLORE GWINETT GRANT 5,000
    CHILDREN'S HEALTHCARE OF ATLANTA
    3395 NE EXPRESSWAY SUITE 100
    ATLANTA,GA30341     		    PUBLIC CHARITY - 501(C)(3)COVID PEDIATRIC CAREGIVERS RESEARCHCHILD LIFE PROGRAM 120,000
    CLARKSTON COMMUNITY CENTER
    3701 COLLEGE AVE
    CLARKSTON,GA30021     		    PUBLIC CHARITY - 501(C)(3)STUDENT SUCCESS PROGRAM 6,250
    COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA
    6500 SUGARLOF PARKWAY SUITE 200
    DULUTH,GA30097     		    PUBLIC CHARITY - 501(C)(3)SHFF DONOR ADVISED FUND, CORONA VIRUS RELIEF FUND (GC FOOD BANKS), EMERGENCY RELIEF FUND (SPRING BREAK FUND PROGRAM AND CORNERS OUTREACH EDUCATION INITIATIVE) 700,000
    CORNERS OUTREACH
    2 SUN COURT STE 220
    PEACHTREE CORNERS,GA30092     		    PUBLIC CHARITY - 501(C)(3)GENERAL OPERATING FUND 15,000
    EAGLE RANCH INC
    PO BOX 7200
    CHESTNUT MOUNTAIN,GA30502     		    PUBLIC CHARITY - 501(C)(3)GENERAL OPERATING FUND 25,000
    THE EMPTY STOCKINGS FUND
    693 HUMPHRIES ST SW
    ATLANTA,GA30310     		    PUBLIC CHARITY - 501(C)(3)SCHOOL SUPPLIES, HOLIDAY TOYS & GIFTS FOR CHILDREN 25,000
    FOOD BANK OF NORTHEAST GEORGIA
    861 NEWTON BRIDGE ROAD
    ATHENS,GA30604     		    PUBLIC CHARITY - 501(C)(3)"HELP US HELP THEM - THE NEED REMAINS" CAMPAIGN 40,000
    GEORGIA CENTER FOR OPPORTUNITY INC
    333 RESEARCH COURT STE 210
    PEACHTREE CORNERS,GA30092     		    PUBLIC CHARITY - 501(C)(3)COLLABORATIVE PROGRAM - IMPACT 46 & FAMILIES FIRST 20,000
    GOOD SAMARITAN HEALTH CENTER OF GWINETT INC
    5949 BUFORD HWY
    NORCROSS,GA30071     		    PUBLIC CHARITY - 501(C)(3)GENERAL OPERATING FUND 40,000
    GWINNETT TECH FOUNDATION
    5150 SUGARLOAF PARKWAY
    LAWRENCEVILLE,GA30043     		    PUBLIC CHARITY - 501(C)(3)MATCHING GIFT 183,002
    HI HOPE SERVICE CENTER
    882 HI-HOPE ROAD
    LAWRENCEVILLE,GA30043     		    PUBLIC CHARITY - 501(C)(3)GENERAL OPERATING FUND 25,000
    HOPE INC
    PO BOX 3166
    DULUTH,GA30096     		    PUBLIC CHARITY - 501(C)(3)GENERAL OPERATING FUND 15,000
    ISERVE MINISTRIES INC
    246 BUROAK DR
    JEFFERSON,GA30549     		    PUBLIC CHARITY - 501(C)(3)BAGS OF LOVE & MOBILE FOOD PROGRAM 20,000
    JACKSON COUNTY FAMILY CONNECTION
    PO BOX 883
    JEFFERSON,GA30549     		    PUBLIC CHARITY - 501(C)(3)GENERAL OPERATING FUND 15,000
    JERUSALEM HOUSE
    17 EXECUTIVE DRIVE NE STE 290
    ATLANTA,GA30329     		    PUBLIC CHARITY - 501(C)(3)GENERAL OPERATING FUND 10,000
    LEKOTEK OF GEORGIA INC
    1955 CLIFF VALLEY WAY SUITE 102
    ATLANTA,GA30329     		    PUBLIC CHARITY - 501(C)(3)GENERAL OPERATING FUND 25,000
    LITERACY ACTION INC
    231 PEACHTREE STREET NE STE M-100
    ATLANTA,GA30303     		    PUBLIC CHARITY - 501(C)(3)GENERAL OPERATING FUND 25,000
    METRO ATLANTA RECOVERY RESIDENCES
    2815 CLEARVIEW PLACE SUITE 100
    DORAVILLE,GA30340     		    PUBLIC CHARITY - 501(C)(3)GWINETT CO TREATMENT SERVICES & FAMILY RECOVERY CENTER 25,000
    NAACP LEGAL DEFENSE & EDUCATIONAL FUND INC
    40 RECTOR STREET 5TH FLOOR
    NEW YORK,NY10006     		    PUBLIC CHARITY - 501(C)(3)VOTER EDUCATION PURPOSES 25,000
    NATIONAL RAILWAY HISTORICAL SOCIETY INC
    3595 BUFORD HWY
    DULUTH,GA30096     		    PUBLIC CHARITY - 501(C)(3)NEW EDUCATIONAL BUILDING 50,000
    NEIGHBORHOOD COOPERATIVE MINISTRIES
    500 PINNACLE COURT STE 510
    NORCROSS,GA30071     		    PUBLIC CHARITY - 501(C)(3)GENERAL OPERATING FUND 40,000
    NUCI PHILLIPS MEM FOUNDATION
    396 OCONEE STREET
    ATHENS,GA30601     		    PUBLIC CHARITY - 501(C)(3)GENERAL OPERATING FUND 12,500
    OPERATION ONE VOICE INC
    PO BOX 2559
    DULUTH,GA30096     		    PUBLIC CHARITY - 501(C)(3)REHAB-FITNESS BOKES, OPERATION ST. NICK, ANNUAL HONOR RIDE 31,250
    PEACHTREE CHRISTIAN HEALTH
    3430 DULUTH PARK LANE
    DULUTH,GA30096     		    PUBLIC CHARITY - 501(C)(3)GENERAL OPERATING FUND 75,000
    RAINBOW VILLAGE
    3427 DULUTH HIGHWAY 120
    DULUTH,GA30096     		    PUBLIC CHARITY - 501(C)(3)GENERAL OPERATING FUND 50,000
    REACH OUT & READ
    89 SOUTH STREET STE 201
    BOSTON,MA02111     		    PUBLIC CHARITY - 501(C)(3)BOOKS AND LITERACY MATERIAL 25,000
    THE SALVATION ARMY
    3455 SUGARLOAF PARKWAY
    LAWRENCEVILLE,GA30044     		    PUBLIC CHARITY - 501(C)(3)HOME SWEET HOME GWINNETT 50,000
    WELLSPRING LIVING
    1040 BOULEVARD SE STE M
    ATLANTA,GA30312     		    PUBLIC CHARITY - 501(C)(3)MEAL DELIVERIES - RECEIVING HOPE CENTER 25,000
    YMCA
    569 MARTIN LUTHER KING JR DRIVE NW
    ATLANTA,GA30314     		    PUBLIC CHARITY - 501(C)(3)EMERGENCY FUND 100,000
    Total .................................bullet 3a 2,208,002
    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....     14 805,952  
    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.....     14 831,288  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 578,362  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aUBTI - PARTRIDGE GREENE, INC.     		  210,862      
    bUBTI - VARIOUS K-1   -8,017      
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 202,845 2,215,602 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,418,447
    (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 SCOTT HUDGENS FAMILY
    FOUNDATION INC
    Employer identification number

    58-2513020
    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 SCOTT HUDGENS FAMILY
    FOUNDATION INC         		Employer identification number
    58-2513020
    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
    ESTATE OF DALLAS SCOTT HUDGENS JR
     
    3425 DULUTH PARK LANE
     
    DULUTH, GA30096

    		$ 9,278,638


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    58-2513020
    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 SCOTT HUDGENS FAMILY
    FOUNDATION INC         		Employer identification number

    58-2513020
    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 SCOTT HUDGENS FAMILY
     
    FOUNDATION INC
    EIN:
    58-2513020
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    JERRY M. LOGAN, CPA - TAX AND ACCOUNTING CONSULTING 39,325 39,325   0
    BENNETT THRASHER LLP - AUDIT AND TAX PREPARATION 45,900 45,900   0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE SCOTT HUDGENS FAMILY
     
    FOUNDATION INC
    EIN:
    58-2513020
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ACCRUED INTEREST 30,886 30,886
    UBS INVESTMENTS 2,908,554 3,187,958

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE SCOTT HUDGENS FAMILY
     
    FOUNDATION INC
    EIN:
    58-2513020
    Name of Stock End of Year Book Value End of Year Fair Market Value
    UBS INVESTMENTS 21,611,739 28,872,142

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    THE SCOTT HUDGENS FAMILY
     
    FOUNDATION INC
    EIN:
    58-2513020
    US Government Securities - End of Year Book Value:

    1,444,454
    US Government Securities - End of Year Fair Market Value:

    1,452,036
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE SCOTT HUDGENS FAMILY
     
    FOUNDATION INC
    EIN:
    58-2513020
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT IN PARTRIDGE GREENE, INC. AT COST 9,017,154 17,090,472
    INVESTMENT IN HOG MOUNTAIN PROPERTIES, LLC AT COST 21,447,858 19,248,050
    INVESTMENT IN SHFF DULUTH, LLC AT COST 5,869,889 18,441,283

    TY 2020 LegalFeesSchedule
    Name:
    THE SCOTT HUDGENS FAMILY
     
    FOUNDATION INC
    EIN:
    58-2513020
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RICHARD MAYBERRY - GENERAL COUNSEL 60,000 60,000   0
    TAYLOR ENGLISH - GENERAL COUNSEL 210 210   0


    TY 2020 OtherAssetsSchedule
    Name:
    THE SCOTT HUDGENS FAMILY
     
    FOUNDATION INC
    EIN:
    58-2513020
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    MISCELLANEOUS RECEIVABLE 25,273 0 0


    TY 2020 OtherExpensesSchedule
    Name:
    THE SCOTT HUDGENS FAMILY
     
    FOUNDATION INC
    EIN:
    58-2513020
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES AND SUBSCRIPTIONS 1,260 1,260   0
    INTEREST EXPENSE - HOG MOUNTAIN PROPERTIES, LLC 14,258 14,258   0
    INVESTMENT ADVISORY FEES 145,455 145,455   0
    INVESTMENT EXPENSE FROM VARIOUS K-1 42 42   0
    LAND MAINTENANCE COSTS - FROM K-1 186,046 186,046   0
    NON-DEDUCTIBLE EXPENSE FROM PARTNERSHIP K-1 16,006 0   0
    OFFICE SUPPLIES 54 54   0
    PASSTHROUGH EXPENSES FROM HOG MOUNTAIN K-1 364,856 364,856   0
    POSTAGE AND DELIVERY 1,743 1,743   0


    TY 2020 OtherIncomeSchedule2
    Name:
    THE SCOTT HUDGENS FAMILY
     
    FOUNDATION INC
    EIN:
    58-2513020
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    HOG MOUNTAIN PROPERTIES, LLC 396,594 396,594 396,594
    OTHER INCOME - VARIOUS K-1 434,694 434,694 434,694
    UBTI - PARTRIDGE GREENE, INC. 210,862 0 210,862
    UBTI - VARIOUS K-1 -8,017 0 -8,017


    TY 2020 TaxesSchedule
    Name:
    THE SCOTT HUDGENS FAMILY
     
    FOUNDATION INC
    EIN:
    58-2513020
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS TAXES AND LICENSES 40 40   0
    FOREIGN TAXES 8,997 8,997   0
    FEDERAL EXCISE TAX 70,000 0   0


    TY 2020 TransfersToControlledEntities
    Name:
    THE SCOTT HUDGENS FAMILY
     
    FOUNDATION INC
    EIN:
    58-2513020
    Name US /
    Foreign Address    		 EIN Description Amount
    SHFF DULUTH LLC 3425 DULUTH PARK LANE
    DULUTH,GA30096     		61-1719881 CASH - CAPITAL CONTRIBUTION 74,250
    Total     74,250