TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 05-01-2021 , and ending 04-30-2022

Name of foundation
MARIA GRAZIA PANARO FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1532
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PENNINGTON, NJ08534

A Employer identification number

23-7813766

B Telephone number (see instructions)

(609) 274-6834

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$1,205,563J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	15,681		15,681
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		78,455
b	Gross sales price for all assets on line 6a 274,439
7	Capital gain net income (from Part IV, line 2)...			78,455
8	Net short-term capital gain.........				0
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........	94,136		94,136
13	Compensation of officers, directors, trustees, etc.	21,208		8,483		12,725
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		2,119	283		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		60	60
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	23,387		8,826	0	12,725
25	Contributions, gifts, grants paid.......	15,714				15,714
26	Total expenses and disbursements. Add lines 24 and 25	39,101		8,826	0	28,439
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	55,035
b	Net investment income (if negative, enter -0-)			85,310
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2021)

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	139	19	19
	2	Savings and temporary cash investments.........	89,840	85,363	85,363
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	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).......	573,292	625,124	890,874
	c	Investments—corporate bonds (attach schedule).......	224,096	233,432	216,197
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	13,672	13,672	13,110
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	901,039	957,610	1,205,563
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	901,039	957,610
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	901,039	957,610
	30	Total liabilities and net assets/fund balances (see instructions).	901,039	957,610

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

901,039

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

55,035

Other increases not included in line 2 (itemize) bullet

1,540

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

957,614

Decreases not included in line 2 (itemize) bullet

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

957,610

Form 990-PF (2021)

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	12. ROBERT HALF INTERNATIONAL INC		2020-03-26	2021-05-12
b	13. ROBERT HALF INTERNATIONAL INC		2020-03-26	2021-05-13
c	1. ALPHABET INC SHS CL C		2012-06-29	2021-05-17
d	6. BIOGEN IDEC INC		2016-12-13	2021-05-17
e	5. BIOGEN IDEC INC		2017-02-21	2021-05-17
	13. ROBERT HALF INTERNATIONAL INC		2020-03-27	2021-05-18
	12. ROBERT HALF INTERNATIONAL INC		2020-04-01	2021-05-19
	2. ROBERT HALF INTERNATIONAL INC		2020-03-27	2021-05-19
	4. BIOGEN IDEC INC		2017-02-21	2021-05-21
	1. BIOGEN IDEC INC		2020-02-20	2021-05-21
	5. BIOGEN IDEC INC		2018-02-16	2021-05-21
	3. BIOGEN IDEC INC		2020-04-08	2021-05-24
	6. ROBERT HALF INTERNATIONAL INC		2020-04-01	2021-06-18
	10. ROBERT HALF INTERNATIONAL INC		2020-04-02	2021-06-18
	9. ROBERT HALF INTERNATIONAL INC		2020-04-02	2021-06-21
	4. ROBERT HALF INTERNATIONAL INC		2020-06-18	2021-06-22
	2. ROBERT HALF INTERNATIONAL INC		2020-04-02	2021-06-22
	2. ROBERT HALF INTERNATIONAL INC		2020-06-19	2021-06-22
	8. ROBERT HALF INTERNATIONAL INC		2020-06-19	2021-06-23
	7. ROBERT HALF INTERNATIONAL INC		2020-06-19	2021-06-24
	5. ROBERT HALF INTERNATIONAL INC		2020-06-19	2021-06-25
	5000. U.S. TREASURY NOTE		2017-10-25	2021-06-29
	1. ALPHABET INC SHS CL A		2012-06-28	2021-07-02
	74. VODAFONE GROUP PLC		2020-09-28	2021-07-06
	34. VODAFONE GROUP PLC		2020-09-25	2021-07-06
	15. VODAFONE GROUP PLC		2020-09-29	2021-07-07
	41. VODAFONE GROUP PLC		2020-09-28	2021-07-07
	3. APPLIED MATERIALS INC		2020-07-27	2021-07-09
	10. APPLIED MATERIALS INC		2020-07-28	2021-07-09
	15. DOLLAR TREE INC		2019-03-13	2021-07-09
	13. DOLLAR TREE INC		2019-03-06	2021-07-09
	6. ROBERT HALF INTERNATIONAL INC		2020-06-19	2021-07-09
	4. ROBERT HALF INTERNATIONAL INC		2020-06-22	2021-07-09
	15. ROBERT HALF INTERNATIONAL INC		2020-06-22	2021-07-12
	1. ROBERT HALF INTERNATIONAL INC		2020-10-23	2021-07-12
	1. ROBERT HALF INTERNATIONAL INC		2020-10-26	2021-07-13
	14. ROBERT HALF INTERNATIONAL INC		2020-10-23	2021-07-13
	16. ROBERT HALF INTERNATIONAL INC		2020-10-26	2021-07-14
	6. APPLE INC		2016-06-10	2021-07-23
	13. APPLE INC		2016-03-31	2021-07-23
	2. LABORATORY CORP AMER HLDGS		2015-05-07	2021-07-23
	5. LABORATORY CORP AMER HLDGS		2014-12-29	2021-07-23
	11. LOWES COMPANIES INC COM		2018-04-19	2021-07-23
	1. LOWES COMPANIES INC COM		2018-05-16	2021-07-23
	3. LABORATORY CORP AMER HLDGS		2015-05-07	2021-07-26
	1. LABORATORY CORP AMER HLDGS		2015-06-15	2021-07-26
	3000. WELLS FARGO & COMPANY		2016-07-26	2021-07-26
	2000. WELLS FARGO & COMPANY		2021-03-16	2021-07-26
	1. ALPHABET INC SHS CL C		2012-06-29	2021-08-03
	18. APPLIED MATERIALS INC		2020-07-28	2021-08-03
	12. LOWES COMPANIES INC COM		2018-05-16	2021-08-03
	2. O'REILLY AUTOMOTIVE INC		2018-07-19	2021-08-03
	2. O'REILLY AUTOMOTIVE INC		2018-07-19	2021-08-04
	7. LOWES COMPANIES INC COM		2020-02-20	2021-08-12
	4. LOWES COMPANIES INC COM		2018-05-16	2021-08-12
	9. LOWES COMPANIES INC COM		2019-10-22	2021-08-12
	11. VISA INC		2020-02-13	2021-08-12
	9.39 MORGAN STANLEY		2017-11-21	2021-08-16
	9.39 MORGAN STANLEY		2017-11-22	2021-08-16
	3.92 MORGAN STANLEY		2017-11-27	2021-08-16
	9.3 MORGAN STANLEY		2017-10-10	2021-08-16
	1000. BANK OF NY MELLON CORP		2021-03-16	2021-08-23
	1000. BANK OF NY MELLON CORP		2017-05-11	2021-08-23
	2000. BANK OF NY MELLON CORP		2016-09-23	2021-08-23
	6000. GLAXOSMITHKLINE CAPITAL		2018-06-08	2021-08-23
	3000. GLAXOSMITHKLINE CAPITAL		2021-03-16	2021-08-23
	6. OTIS WORLDWIDE CORP REG		2020-04-17	2021-08-31
	14. OTIS WORLDWIDE CORP REG		2020-04-16	2021-08-31
	9. OTIS WORLDWIDE CORP REG		2020-04-17	2021-09-01
	6. CDW CORP/DE		2021-03-19	2021-09-09
	2. CDW CORP/DE		2021-03-22	2021-09-09
	7. CDW CORP/DE		2021-03-22	2021-09-10
	2. CDW CORP/DE		2021-03-23	2021-09-10
	8. CDW CORP/DE		2021-03-23	2021-09-13
	18. BP P L C SPONS ADR		2015-06-15	2021-09-15
	41. BP P L C SPONS ADR		2018-11-21	2021-09-15
	27. BP P L C SPONS ADR		2018-10-02	2021-09-15
	93. BP P L C SPONS ADR		2015-09-09	2021-09-15
	38. BP P L C SPONS ADR		2018-12-07	2021-09-15
	25. BP P L C SPONS ADR		2018-01-10	2021-09-15
	10. ALIBABA GROUP HOLDING LT		2019-09-18	2021-09-16
	9. ALIBABA GROUP HOLDING LT		2019-09-17	2021-09-16
	10. ALIBABA GROUP HOLDING LT		2019-09-10	2021-09-16
	4. ALIBABA GROUP HOLDING LT		2019-09-05	2021-09-16
	12. ALIBABA GROUP HOLDING LT		2020-03-09	2021-09-16
	2. BP P L C SPONS ADR		2018-12-07	2021-09-16
	9. BP P L C SPONS ADR		2018-12-10	2021-09-16
	12. BP P L C SPONS ADR		2020-04-08	2021-09-16
	23. COCA-COLA CO/THE		2020-09-01	2021-09-27
	24. COCA-COLA CO/THE		2020-08-27	2021-09-27
	6. CDW CORP/DE		2021-05-12	2021-09-29
	3. CDW CORP/DE		2021-03-23	2021-09-29
	8. CDW CORP/DE		2021-05-12	2021-09-30
	1. ALPHABET INC SHS CL A		2012-06-28	2021-10-13
	42. COCA-COLA CO/THE		2020-09-01	2021-10-13
	5. KONINKLIJKE PHILIPS NV		2020-02-06	2021-10-13
	5. QUANTA SERVICES INC		2020-04-14	2021-10-13
	3. QUANTA SERVICES INC		2020-04-13	2021-10-13
	23. KONINKLIJKE PHILIPS NV		2020-02-06	2021-10-14
	17. QUANTA SERVICES INC		2020-04-14	2021-10-14
	7.14 KONINKLIJKE PHILIPS NV		2020-02-20	2021-10-15
	14.82 KONINKLIJKE PHILIPS NV		2020-02-25	2021-10-15
	4.04 KONINKLIJKE PHILIPS NV		2020-02-06	2021-10-15
	2.53 KONINKLIJKE PHILIPS NV		2020-02-25	2021-10-18
	2.47 KONINKLIJKE PHILIPS NV		2020-02-26	2021-10-18
	3000. U.S. TREASURY NOTE		2018-06-08	2021-10-27
	2000. U.S. TREASURY NOTE		2021-03-16	2021-10-27
	21. CAPITAL ONE FINANCIAL CORP		2020-12-15	2021-10-29
	17. CAPITAL ONE FINANCIAL CORP		2020-12-14	2021-10-29
	3.13 MORGAN STANLEY		2017-11-28	2021-10-29
	9.05 MORGAN STANLEY		2018-11-06	2021-10-29
	13.82 MORGAN STANLEY		2017-11-27	2021-10-29
	70. VODAFONE GROUP PLC		2020-09-29	2021-10-29
	45. VODAFONE GROUP PLC		2020-10-05	2021-10-29
	24. VODAFONE GROUP PLC		2020-10-02	2021-10-29
	45. VODAFONE GROUP PLC		2020-10-05	2021-10-29
	4. BAE SYSTEMS PLC		2019-08-15	2021-11-01
	18. BAE SYSTEMS PLC		2019-08-16	2021-11-01
	6. VODAFONE GROUP PLC		2020-10-14	2021-11-01
	14. VODAFONE GROUP PLC		2020-10-15	2021-11-01
	28. VODAFONE GROUP PLC		2020-10-05	2021-11-01
	102. VODAFONE GROUP PLC		2020-10-15	2021-11-01
	1. VODAFONE GROUP PLC		2020-10-14	2021-11-01
	33. BAE SYSTEMS PLC		2019-08-19	2021-11-02
	8. BAE SYSTEMS PLC		2019-08-16	2021-11-02
	3. VODAFONE GROUP PLC		2020-10-16	2021-11-02
	28. VODAFONE GROUP PLC		2020-10-27	2021-11-02
	3. VODAFONE GROUP PLC		2020-10-27	2021-11-02
	13. VODAFONE GROUP PLC		2020-10-15	2021-11-02
	114. VODAFONE GROUP PLC		2020-10-28	2021-11-02
	19. BAE SYSTEMS PLC		2019-08-20	2021-11-03
	26. BAE SYSTEMS PLC		2019-08-21	2021-11-03
	8. BAE SYSTEMS PLC		2019-08-22	2021-11-03
	13. VODAFONE GROUP PLC		2020-11-03	2021-11-03
	49. VODAFONE GROUP PLC		2020-11-04	2021-11-03
	68. VODAFONE GROUP PLC		2020-11-05	2021-11-03
	6. VODAFONE GROUP PLC		2020-10-28	2021-11-03
	2. VODAFONE GROUP PLC		2020-11-06	2021-11-03
	9. BAE SYSTEMS PLC		2019-09-04	2021-11-08
	9. BAE SYSTEMS PLC		2019-08-22	2021-11-08
	2. BAE SYSTEMS PLC		2019-09-03	2021-11-08
	13. BAE SYSTEMS PLC		2019-09-05	2021-11-08
	12. BAE SYSTEMS PLC		2019-09-10	2021-11-09
	2. BAE SYSTEMS PLC		2019-09-05	2021-11-09
	5. BAE SYSTEMS PLC		2019-10-14	2021-11-09
	15. BAE SYSTEMS PLC		2019-09-06	2021-11-09
	9. BAE SYSTEMS PLC		2019-09-09	2021-11-09
	9. BAE SYSTEMS PLC		2019-10-15	2021-11-10
	14. BAE SYSTEMS PLC		2019-10-17	2021-11-10
	12. BAE SYSTEMS PLC		2019-10-16	2021-11-10
	4. BAE SYSTEMS PLC		2019-10-14	2021-11-10
	35. CISCO SYSTEMS INC		2013-10-10	2021-11-10
	15. CISCO SYSTEMS INC		2013-08-08	2021-11-10
	29. COCA-COLA CO/THE		2020-09-10	2021-11-10
	17. COCA-COLA CO/THE		2020-09-01	2021-11-10
	4. BAE SYSTEMS PLC		2019-10-18	2021-11-11
	9. BAE SYSTEMS PLC		2019-10-17	2021-11-11
	18. BAE SYSTEMS PLC		2020-04-08	2021-11-11
	4. O'REILLY AUTOMOTIVE INC		2018-07-31	2021-11-22
	13. KONINKLIJKE PHILIPS NV		2020-02-26	2021-11-30
	12.07 KONINKLIJKE PHILIPS NV		2020-02-26	2021-12-01
	11.22 KONINKLIJKE PHILIPS NV		2020-03-12	2021-12-01
	47.95 KONINKLIJKE PHILIPS NV		2020-03-13	2021-12-01
	9.18 KONINKLIJKE PHILIPS NV		2020-03-16	2021-12-01
	16.32 KONINKLIJKE PHILIPS NV		2020-04-01	2021-12-01
	12.24 KONINKLIJKE PHILIPS NV		2020-04-02	2021-12-01
	1. BAE SYSTEMS PLC		2020-07-07	2021-12-03
	45. BAE SYSTEMS PLC		2020-07-06	2021-12-03
	15. BAE SYSTEMS PLC		2020-07-07	2021-12-06
	43. BAE SYSTEMS PLC		2020-11-16	2021-12-06
	21. BAE SYSTEMS PLC		2020-11-16	2021-12-07
	10. BAE SYSTEMS PLC		2020-11-16	2021-12-07
	12. COCA-COLA CO/THE		2020-09-10	2021-12-17
	30. COCA-COLA CO/THE		2020-11-11	2021-12-17
	40. COCA-COLA CO/THE		2020-10-01	2021-12-17
	1000. U.S. TREASURY NOTE		2021-03-16	2021-12-22
	5000. U.S. TREASURY NOTE		2021-02-19	2021-12-22
	43. CISCO SYSTEMS INC		2013-10-10	2022-01-03
	25. CISCO SYSTEMS INC		2015-05-07	2022-01-05
	92. CISCO SYSTEMS INC		2013-10-10	2022-01-05
	30. CISCO SYSTEMS INC		2015-06-15	2022-01-05
	12. CISCO SYSTEMS INC		2018-01-24	2022-01-05
	2. ALLY FINANCIAL INC		2018-02-09	2022-01-07
	36. ALLY FINANCIAL INC		2018-02-12	2022-01-07
	9. ALLY FINANCIAL INC		2018-02-13	2022-01-07
	5. J P MORGAN CHASE & CO		2012-06-26	2022-01-07
	6. J P MORGAN CHASE & CO		2012-06-27	2022-01-07
	6. J P MORGAN CHASE & CO		2012-06-28	2022-01-07
	5. J P MORGAN CHASE & CO		2012-06-29	2022-01-07
	14. ALLY FINANCIAL INC		2018-06-04	2022-01-10
	8. ALLY FINANCIAL INC		2018-02-13	2022-01-10
	1000. CITIGROUP INC		2021-03-16	2022-01-14
	1000. CITIGROUP INC		2011-11-17	2022-01-14
	1000. CITIGROUP INC		2011-11-17	2022-01-14
	1000. CITIGROUP INC		2013-04-18	2022-01-14
	4. O'REILLY AUTOMOTIVE INC		2018-10-25	2022-01-19
	1. O'REILLY AUTOMOTIVE INC		2018-10-26	2022-01-19
	2. O'REILLY AUTOMOTIVE INC		2018-07-31	2022-01-19
	19. CISCO SYSTEMS INC		2018-02-06	2022-01-24
	17. CISCO SYSTEMS INC		2018-01-24	2022-01-24
	22. CONOCOPHILLIPS		2019-07-02	2022-01-27
	7. CONOCOPHILLIPS		2019-07-02	2022-01-28
	25. CONOCOPHILLIPS		2019-07-02	2022-01-28
	5. O'REILLY AUTOMOTIVE INC		2019-01-02	2022-01-28
	9. UNITEDHEALTH GROUP INC		2014-10-27	2022-01-28
	1. O'REILLY AUTOMOTIVE INC		2020-04-08	2022-01-31
	31. CISCO SYSTEMS INC		2018-02-06	2022-02-24
	25. CISCO SYSTEMS INC		2020-04-08	2022-02-24
	38. CISCO SYSTEMS INC		2021-04-26	2022-02-24
	2. CONOCOPHILLIPS		2019-07-02	2022-02-24
	19. CONOCOPHILLIPS		2019-07-09	2022-02-24
	22. FOX CORP		2019-12-10	2022-02-24
	35. FOX CORP		2019-11-18	2022-02-24
	3. FOX CORP		2019-11-19	2022-02-24
	9. CONOCOPHILLIPS		2019-07-09	2022-03-02
	24. CONOCOPHILLIPS		2019-07-16	2022-03-02
	25. ALLY FINANCIAL INC		2018-06-04	2022-03-14
	20. ALLY FINANCIAL INC		2018-06-05	2022-03-14
	14. ALLY FINANCIAL INC		2018-08-09	2022-03-14
	35. ALLY FINANCIAL INC		2018-08-09	2022-03-15
	2. ALLY FINANCIAL INC		2019-07-09	2022-03-15
	10. ALLY FINANCIAL INC		2018-08-10	2022-03-15
	10000. U.S. TREASURY NOTE		2021-08-23	2022-03-29
	17. ALLY FINANCIAL INC		2019-07-09	2022-03-31
	5. QUANTA SERVICES INC		2020-04-14	2022-03-31
	3. QUANTA SERVICES INC		2020-04-15	2022-03-31
	16. ALLY FINANCIAL INC		2019-07-09	2022-04-01
	11. ALLY FINANCIAL INC		2019-07-10	2022-04-01
	15. ALLY FINANCIAL INC		2019-10-22	2022-04-01
	4. QUANTA SERVICES INC		2020-04-15	2022-04-01
	10. QUANTA SERVICES INC		2020-04-16	2022-04-01
	47. EQT CORP		2021-03-05	2022-04-07
	36. EQT CORP		2021-03-08	2022-04-07
	1. ALPHABET INC SHS CL C		2012-06-29	2022-04-11
	25. ALLY FINANCIAL INC		2020-02-20	2022-04-12
	25. ALLY FINANCIAL INC		2019-10-22	2022-04-12
	10. CDK GLOBAL INC		2019-04-01	2022-04-12
	7. CDK GLOBAL INC		2019-04-02	2022-04-12
	5. CDK GLOBAL INC		2019-04-12	2022-04-12
	9. CDK GLOBAL INC		2019-03-26	2022-04-12
	12. CDK GLOBAL INC		2019-03-27	2022-04-12
	10. CDK GLOBAL INC		2019-03-28	2022-04-12
	10. CDK GLOBAL INC		2019-03-29	2022-04-12
	51. EQT CORP		2021-03-08	2022-04-12
	24. EQT CORP		2021-03-09	2022-04-12
	34. ALLY FINANCIAL INC		2020-02-20	2022-04-13
	49. EQT CORP		2021-03-09	2022-04-18
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,055	509	546
b	1,146	552	594
c	2,309	288	2,021
d	1,693	1,583	110
e	1,411	1,435	-24
	1,156	516	640
	1,048	454	594
	175	79	96
	1,135	1,148	-13
	284	334	-50
	1,419	1,475	-56
	853	943	-90
	517	227	290
	862	378	484
	791	340	451
	352	207	145
	176	76	100
	176	102	74
	704	408	296
	622	357	265
	449	255	194
	5,379	4,972	407
	2,480	281	2,199
	1,235	1,000	235
	567	453	114
	250	201	49
	683	554	129
	403	189	214
	1,342	626	716
	1,486	1,541	-55
	1,288	1,306	-18
	531	306	225
	354	204	150
	1,319	767	552
	88	52	36
	87	51	36
	1,220	724	496
	1,398	809	589
	890	148	742
	1,928	356	1,572
	568	238	330
	1,420	542	878
	2,210	933	1,277
	201	85	116
	847	357	490
	282	119	163
	3,000	3,000
	2,000	2,000
	2,724	288	2,436
	2,557	1,127	1,430
	2,325	1,025	1,300
	1,224	598	626
	1,212	598	614
	1,341	875	466
	766	342	424
	1,724	1,014	710
	2,552	2,286	266
	972	405	567
	972	404	568
	406	170	236
	963	393	570
	1,034	1,033	1
	1,034	967	67
	2,067	1,992	75
	6,315	5,993	322
	3,157	3,149	8
	553	282	271
	1,291	631	660
	822	423	399
	1,198	950	248
	399	319	80
	1,396	1,117	279
	399	314	85
	1,574	1,256	318
	462	737	-275
	1,053	1,699	-646
	694	1,264	-570
	2,389	2,967	-578
	976	1,503	-527
	642	1,075	-433
	1,569	1,792	-223
	1,412	1,589	-177
	1,569	1,747	-178
	628	715	-87
	1,883	2,353	-470
	51	79	-28
	228	353	-125
	304	303	1
	1,245	1,128	117
	1,299	1,159	140
	1,113	983	130
	556	471	85
	1,468	1,311	157
	2,752	281	2,471
	2,276	2,059	217
	219	237	-18
	556	168	388
	333	97	236
	1,012	1,090	-78
	1,915	571	1,344
	318	337	-19
	660	642	18
	180	191	-11
	108	109	-1
	106	106
	3,206	2,999	207
	2,137	2,159	-22
	3,186	1,928	1,258
	2,579	1,538	1,041
	321	135	186
	929	454	475
	1,417	598	819
	1,054	939	115
	674	630	44
	361	323	38
	677	630	47
	122	107	15
	549	482	67
	90	86	4
	211	200	11
	425	392	33
	1,537	1,444	93
	15	14	1
	1,002	889	113
	243	214	29
	45	43	2
	419	391	28
	45	42	3
	195	186	9
	1,710	1,542	168
	582	515	67
	796	719	77
	245	218	27
	192	181	11
	724	683	41
	1,005	960	45
	89	81	8
	30	28	2
	281	247	34
	281	245	36
	62	54	8
	405	364	41
	373	340	33
	62	56	6
	155	142	13
	466	423	43
	280	252	28
	278	258	20
	433	395	38
	371	345	26
	124	113	11
	2,023	801	1,222
	867	394	473
	1,645	1,458	187
	964	834	130
	123	112	11
	277	254	23
	553	472	81
	2,568	1,221	1,347
	458	559	-101
	424	519	-95
	394	383	11
	1,683	1,605	78
	322	286	36
	573	621	-48
	430	470	-40
	29	25	4
	1,312	1,106	206
	444	374	70
	1,273	1,122	151
	622	548	74
	297	261	36
	703	603	100
	1,756	1,609	147
	2,342	1,967	375
	999	1,000	-1
	4,994	5,001	-7
	2,707	983	1,724
	1,519	723	796
	5,588	2,104	3,484
	1,822	854	968
	729	505	224
	100	55	45
	1,800	1,008	792
	450	255	195
	828	179	649
	994	218	776
	994	213	781
	828	180	648
	694	367	327
	396	227	169
	1,000	1,000
	1,000	957	43
	1,000	957	43
	1,000	1,000
	2,661	1,305	1,356
	665	323	342
	1,330	611	719
	1,046	743	303
	936	716	220
	1,960	1,323	637
	623	421	202
	2,205	1,503	702
	3,208	1,718	1,490
	4,164	828	3,336
	646	347	299
	1,662	1,211	451
	1,341	1,041	300
	2,038	1,961	77
	173	120	53
	1,648	1,139	509
	893	786	107
	1,421	1,231	190
	122	106	16
	892	540	352
	2,379	1,453	926
	1,039	655	384
	832	522	310
	582	388	194
	1,462	970	492
	84	63	21
	418	271	147
	9,938	10,001	-63
	741	533	208
	659	168	491
	395	97	298
	703	502	201
	483	346	137
	659	464	195
	528	130	398
	1,320	326	994
	1,696	844	852
	1,299	634	665
	2,609	288	2,321
	1,079	721	358
	1,079	773	306
	545	593	-48
	381	413	-32
	272	298	-26
	490	514	-24
	654	688	-34
	545	577	-32
	545	586	-41
	2,048	898	1,150
	964	423	541
	1,472	980	492
	2,211	863	1,348
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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			546
b			594
c			2,021
d			110
e			-24
			640
			594
			96
			-13
			-50
			-56
			-90
			290
			484
			451
			145
			100
			74
			296
			265
			194
			407
			2,199
			235
			114
			49
			129
			214
			716
			-55
			-18
			225
			150
			552
			36
			36
			496
			589
			742
			1,572
			330
			878
			1,277
			116
			490
			163


			2,436
			1,430
			1,300
			626
			614
			466
			424
			710
			266
			567
			568
			236
			570
			1
			67
			75
			322
			8
			271
			660
			399
			248
			80
			279
			85
			318
			-275
			-646
			-570
			-578
			-527
			-433
			-223
			-177
			-178
			-87
			-470
			-28
			-125
			1
			117
			140
			130
			85
			157
			2,471
			217
			-18
			388
			236
			-78
			1,344
			-19
			18
			-11
			-1

			207
			-22
			1,258
			1,041
			186
			475
			819
			115
			44
			38
			47
			15
			67
			4
			11
			33
			93
			1
			113
			29
			2
			28
			3
			9
			168
			67
			77
			27
			11
			41
			45
			8
			2
			34
			36
			8
			41
			33
			6
			13
			43
			28
			20
			38
			26
			11
			1,222
			473
			187
			130
			11
			23
			81
			1,347
			-101
			-95
			11
			78
			36
			-48
			-40
			4
			206
			70
			151
			74
			36
			100
			147
			375
			-1
			-7
			1,724
			796
			3,484
			968
			224
			45
			792
			195
			649
			776
			781
			648
			327
			169

			43
			43

			1,356
			342
			719
			303
			220
			637
			202
			702
			1,490
			3,336
			299
			451
			300
			77
			53
			509
			107
			190
			16
			352
			926
			384
			310
			194
			492
			21
			147
			-63
			208
			491
			298
			201
			137
			195
			398
			994
			852
			665
			2,321
			358
			306
			-48
			-32
			-26
			-24
			-34
			-32
			-41
			1,150
			541
			492
			1,348

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	78,455
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Form 990-PF (2021)

Page 4

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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	1,186
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	1,186
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	1,684
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

7	Total credits and payments. Add lines 6a through 6d..............		7	1,684
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	498
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax0	Refunded	11	498

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

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 XIV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

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

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

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

N/A

The books are in care of bullet

BANK OF AMERICA NA Telephone no. bullet

(609) 274-6834

Located at bullet

PO BOX 1532PENNINGTONNJ ZIP+4 bullet

08534

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2021, 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 VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

Yes

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

1a(5)

(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.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2021? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2021, did the foundation have any undistributed income (lines 6d

and 6e, Part XII) for tax year(s) beginning before 2021?....................

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2021 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 2021.) .....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..

Form 990-PF (2021)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

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-)
BANK OF AMERICA N A	CO-TRUSTEE 2	21,208
PO BOX 1532 PENNINGTON,NJ08534	CO-TRUSTEE 2	21,208
LENORA PANARO	TRUST BOARD MEMBER 1	0
44 WILBURTHA ROAD EWING,NJ08628	TRUST BOARD MEMBER 1	0
MICHAEL J SAILE ESQ	TRUST BOARD MEMBER 1	0
403 EXECUTIVE DRIVE LANGHORN,PA19047	TRUST BOARD MEMBER 1	0
MARY LOU KRAMLI	TRUST BOARD MEMBER 1	0
10 MIDDLE ROAD NEW HOPE,PA18938	TRUST BOARD MEMBER 1	0
ANITA LEMBO	TRUST BOARD MEMBER 1	0
3301 CHURCHILL FARM ROAD DAVIDSONVILLE,MD20135	TRUST BOARD MEMBER 1	0
TONY LEMBO	TRUST BOARD MEMBER 1	0
3301 CHURCHILL FARM ROAD DAVIDSONVILLE,MD20135	TRUST BOARD MEMBER 1	0
CATHERINE S COURTNEY	TRUST BOARD MEMBER 1	0
11570 POPES HEAD VIEW LANE FAIRFAX,VA22030	TRUST BOARD MEMBER 1	0
MARY CLARE MURRAY	TRUST BOARD MEMBER 1	0
7307 IDYLBROOK COURT FALLS CHURCH,VA22043	TRUST BOARD MEMBER 1	0
WILL COURTNEY	TRUST BOARD MEMBER 1	0
15 BAYARD ST APT 2 BOSTON,MA02134	TRUST BOARD MEMBER 1	0
KATIE SCALIA	TRUST BOARD MEMBER 1	0
202 PLEASANT ST SW VIENNA,VA22180	TRUST BOARD MEMBER 1	0
NINO SCALIA	TRUST BOARD MEMBER 1	0
1431 28TH STREET S APT 1 ARLINGTON,VA22206	TRUST BOARD MEMBER 1	0
GRACE ELLEN MURRAY	TRUST BOARD MEMBER 1	0
7307 IDYLBROOK COURT FALLS CHURCH,VA22043	TRUST BOARD MEMBER 1	0
MEG BRYCE	TRUST BOARD MEMBER 1	0
100 APPLE LANE CHARLOTTESVILLE,VA22903	TRUST BOARD MEMBER 1	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2021)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part VIII-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 VIII-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......................... bullet

Form 990-PF (2021)

Page 8

Part IX

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

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

purposes:

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

1,192,920

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

94,597

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

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

1,287,517

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

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

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

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

1,287,517

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

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

19,313

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

1,268,204

Minimum investment return. Enter 5% (0.05) of line 5................

63,410

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

63,410

Tax on investment income for 2021 from Part V, line 5.......

1,186

Income tax for 2021. (This does not include the tax from Part V.) ...

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

1,186

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

62,224

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

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

62,224

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

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

62,224

Part XI

Qualifying Distributions (see instructions)

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

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

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7					62,224
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				15,714
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......	0
b From 2017......	0
c From 2018......	0
d From 2019......	0
e From 2020......	0
f Total of lines 3a through e ........		0
4Qualifying distributions for 2021 from Part
XI, line 4: $ 28,439
a Applied to 2020, but not more than line 2a				15,714
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 2021 distributable amount.....					12,725
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2021.		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		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 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........					49,499
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 2016 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2017....	0
b Excess from 2018....	0
c Excess from 2019....	0
d Excess from 2020....	0
e Excess from 2021....	0

Form 990-PF (2021)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-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 2021, enter the date of the ruling ....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, 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 IX, 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 XIV

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).)

LEONORA PANARO

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.

NONE

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

Check here bullet

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

aThe name, address, and telephone number or 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 (2021)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
PORTO CHARITIES PO BOX 7266 ARLINGTON,VA222070266	NONE	PC	GENERAL OPERATING	1,714
YOUNG LIFE CAPERNAUM 6033 LITTLE FALLS RD Arlington,VA22207	NONE	PC	GENERAL OPERATING	1,500
The Arc of Northern Virginia 2755 HARTLAND ROAD Falls Church,VA22043	NONE	PC	GENERAL OPERATING PURPOSE	12,500
Total ................................. 3a				15,714

bApproved for future payment

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

Form 990-PF (2021)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....
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	78,455
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) ..				94,136

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

94,136

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-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 (2021)

Page 13

Part XVI

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
06406FAD5 BANK OF NY MELLON CO
46625HJX9 JPMORGAN CHASE & CO	8,109	8,069
6174468Q5 MORGAN STANLEY	6,077	5,662
437076BW1 HOME DEPOT INC	9,507	9,000
68389XBM6 ORACLE CORP	9,066	8,398
949746SA0 WELLS FARGO & COMPAN
035240AV2 ANHEUSER-BUSCH INBEV	5,310	4,767
377372AL1 GLAXOSMITHKLINE CAPI
025816CC1 AMERICAN EXPRESS CO	9,099	9,026
05531FBB8 BB&T CORPORATION	9,113	8,900
037833CJ7 APPLE INC	9,296	8,963
172967FT3 CITIGROUP INC
912810SR0 U.S. TREASURY BOND	4,896	4,336
912828M56 U.S. TREASURY NOTE	17,533	16,618
91282CAR2 U.S. TREASURY NOTE	12,001	11,919
912810QU5 U.S. TREASURY BOND 3	13,873	12,952
912810SA7 U.S. TREASURY BOND	10,622	8,881
3135G0K36 FEDERAL NATL MTG ASS	9,023	8,726
912810SW9 U.S. TREASURY BOND	10,779	9,005
912828X88 U.S. TREASURY NOTE	5,179	4,871
912810SH2 U.S. TREASURY BOND	9,701	8,766
20030NDM0 COMCAST CORP	7,921	6,772
912810SP4 U.S. TREASURY BOND	5,529	4,150
912828YH7 U.S. TREASURY NOTE	10,980	10,665
9128285M8 U.S. TREASURY NOTE	8,350	8,081
9128284R8 U.S. TREASURY NOTE
05526DBS3 BAT CAPITAL CORP	10,895	9,072
91282CCS8 U.S. TREASURY NOTE	5,825	5,203
91282CDG3 U.S. TREASURY NOTE	7,956	7,392
17327CAQ6 CITIGROUP INC	5,062	4,371
91282CED9 U.S. TREASURY NOTE	11,730	11,632

Name of Stock	End of Year Book Value	End of Year Fair Market Value
91324P102 UNITEDHEALTH GROUP I	11,401	29,496
92343V104 VERIZON COMMUNICATIO
00130H105 AES CORP/VA
036752103 ANTHEM INC	12,252	21,081
23331A109 DR HORTON INC
269246401 E*TRADE FINANCIAL CO
548661107 LOWES COMPANIES INC
874039100 TAIWAN SEMICONDUCTOR	8,350	17,564
12508E101 CDK GLOBAL INC	9,882	10,501
02079K107 ALPHABET INC SHS	5,827	20,694
192446102 COGNIZANT TECHNOLOGY
655844108 NORFOLK SOUTHERN COR	10,508	16,762
67103H107 O'REILLY AUTOMOTIVE
68902V107 OTIS WORLDWIDE CORP	6,966	9,178
80105N105 SANOFI-SYNTHELABO	18,838	20,169
89832Q109 TRUIST FINL CORP
02005N100 ALLY FINANCIAL INC
084670702 BERKSHIRE HATHAWAYIN	16,885	29,700
256677105 DOLLAR GENERAL CORP	14,705	16,865
717081103 PFIZER INC
02079K305 ALPHABET INC SHS	3,892	22,822
023135106 AMAZON COM INC	34,305	37,284
05523R107 BAE SYSTEMS PLC
17275R102 CISCO SYSTEMS INC
20030N101 COMCAST CORP	14,499	19,880
20825C104 CONOCOPHILLIPS	8,968	19,104
74762E102 QUANTA SERVICES INC	3,257	10,554
902973304 US BANCORP DEL
037833100 APPLE INC	8,913	41,304
172967424 CITIGROUP INC
778296103 ROSS STORES INC	16,777	17,160
931142103 WAL MART STORES INC
35137L105 FOX CORP	5,919	7,455
60871R209 MOLSON COORS BREWING
01609W102 ALIBABA GROUP HOLDIN
09857L108 BOOKING HLDGS INC
166764100 CHEVRONTEXACO CORP
30303M102 FACEBOOK INC	18,249	18,042
37045V100 GENERAL MOTORS CO	11,792	14,216
46625H100 J P MORGAN CHASE & C	6,533	13,726
500472303 KONINKLIJKE PHILIPS
754730109 RAYMOND JAMES FINANC
770323103 ROBERT HALF INTERNAT
904784709 UNILEVER NV
02209S103 ALTRIA GROUP INC
055622104 BP P L C SPONS ADR
92826C839 VISA INC	22,472	25,576
09062X103 BIOGEN IDEC INC
22052L104 DOWDUPONT INC	14,429	29,537
256746108 DOLLAR TREE INC	11,926	20,144
34959J108 FORTIVE CORP	13,219	11,845
443510607 HUBBELL INC
50540R409 LABORATORY CORP AMER	9,822	16,099
594918104 MICROSOFT CORP COM	12,198	60,222
670100205 NOVO NORDISK A/S ADR	5,372	12,426
835699307 SONY CORP ADR AMERN
12541W209 CH ROBINSON WORLDWID	11,134	12,313
191216100 COCA-COLA CO/THE
92857W308 VODAFONE GROUP PLC
444859102 HUMANA INC	8,778	9,336
45866F104 INTERCONTINENTAL EXC	13,280	13,897
617446448 MORGAN STANLEY	8,450	13,861
14040H105 CAPITAL ONE FINANCIA	7,219	8,350
98156Q108 WORLD WRESTLING ENTE	12,273	13,313
G0750C108 AXALTA COATING SYSTE	8,584	9,209
171779309 CIENA CORP	8,316	9,379
26884L109 EQT CORP	11,561	23,930
31620M106 FIDELITY NATL INFO S	19,327	13,286
904767704 UNILEVER PLC AMER SH	12,978	10,594
517834107 LAS VEGAS SANDS CORP	9,572	6,059
12504L109 CBRE GROUP INC	7,090	10,961
339041105 FLEETCOR TECHNOLOGIS	16,142	15,720
922475108 VEEVA SYS INC	8,584	5,459
038222105 APPLIED MATERIALS IN	8,385	15,339
12514G108 CDW CORP/DE
609207105 MONDELEZ INTERNATION	13,836	13,799
880770102 TERADYNE INC	5,144	4,640
61174X109 MONSTER BEVERAGE SHS	4,628	4,798
743315103 PROGRESSIVE CORP/THE	12,229	13,742
070830104 BATH & BODY WORKS IN	8,890	8,462
759351604 REINSURANCE GROUP OF	4,800	4,507
81211K100 SEALED AIR CORP	10,498	11,622
149123101 CATERPILLAR INC	16,743	16,633
032654105 ANALOG DEVICES INC	15,598	14,512
05352A100 AVANTOR INC	13,155	10,074
31946M103 FIRST CITIZENS BANCS	9,774	7,673

Category	Amount	Net Investment Income
FOREIGN TAXES	283	283
FEDERAL TAX PAYMENT - PRIOR YE	152	0
FEDERAL ESTIMATES - PRINCIPAL	1,684	0