Form990-PF
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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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 07-01-2021 , and ending 06-30-2022
Name of foundation
The Throckmorton Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)4481 Munson Street NW APT 200
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Canton, OH44718
A Employer identification number

61-6288548
B Telephone number (see instructions)

(330) 258-2394
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$7,155,707J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 124,267 124,267  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 647,904
b Gross sales price for all assets on line 6a 1,715,994
7 Capital gain net income (from Part IV, line 2)... 647,904
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 772,171 772,171  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 20,000 1,000   19,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,545 773   772
c Other professional fees (attach schedule).... Click to see attachment 80,875 80,875    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 9,679      
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 2,711     2,711
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 114,810 82,648   22,483
25 Contributions, gifts, grants paid....... 445,167 445,167
26 Total expenses and disbursements. Add lines 24 and 25 559,977 82,648   467,650
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 212,194
b Net investment income (if negative, enter -0-) 689,523
c Adjusted net income (if negative, enter -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 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............. 874    
2 Savings and temporary cash investments......... 270,229 213,959 213,959
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 400,109 Click to see attachment663,829 660,854
b Investments—corporate stock (attach schedule)....... 3,627,579 Click to see attachment3,181,096 5,004,203
c Investments—corporate bonds (attach schedule)....... 954,468 Click to see attachment1,406,569 1,276,691
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,253,259 5,465,453 7,155,707
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
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........ 5,253,259 5,465,453
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)..... 5,253,259 5,465,453
30 Total liabilities and net assets/fund balances (see instructions). 5,253,259 5,465,453
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
5,253,259
2
Enter amount from Part I, line 27a .....................
2
212,194
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
5,465,453
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,465,453
Form 990-PF (2021)
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 Publicly Traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,699,323   1,068,090 631,233
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       631,233
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 647,904
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  
Form 990-PF (2021)
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 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 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  
3 Add lines 1 and 2........................... 3 9,584
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 9,584
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 6,200
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 6200 7 6,200
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 3,384
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOH
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletNone
    14
    The books are in care ofbulletHuntington National Bank Telephone no.bullet (330) 258-2394

    Located atbullet4481 Munson St NW Suite 200CantonOH ZIP+4bullet44718
    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 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
    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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (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)
     
    No
    (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)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    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? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    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.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (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)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
    Yes
     
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (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)
     
    No
    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
     
    No
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    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-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Neil A Maly Trustee
    002.00     		10,000    
    953 Maple St
    Tallmadge,OH44278
    Mark A Mosley Trustee
    002.00     		0    
    4481 Munson St NW Suite 200
    Canton,OH44718
    Karen Watson Trustee
    002.00     		10,000    
    421 S Foster Rd
    Jackson Center,PA16133
    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
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    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
     
    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 NONE 0
    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 NONE  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    8,115,591
    b
    Average of monthly cash balances.......................
    1b
    226,276
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,341,867
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    8,341,867
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    125,128
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    8,216,739
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    410,837
    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.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    410,837
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    9,584
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,584
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    401,253
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    401,253
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    401,253
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    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 7 401,253
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 312,423
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 467,650
    a Applied to 2020, but not more than line 2a 312,423
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 155,227
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		246,026
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    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 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    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).)
    NONE
    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
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Mark A Mosley Huntington Natl Bank
    4481 Munson St NW Suite 200
    Canton,OH44718
    (330) 258-2394
    bThe form in which applications should be submitted and information and materials they should include:
    See attached statement
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    See attached statement
    Form 990-PF (2021)
    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)
    aPaid during the year
    Grove City College
    100 Campus Drive
    Grove City,PA16127     		  PC Scholarship Fund 225,000
    Neomed
    4209 St Rt 44
    Rootstown,OH44272     		  PC Gershwin Urm Scholarship Endowment 30,000
    Neomed
    4209 St Rt 44
    Rootstown,OH44272     		  PC Diversity Scholarship Fund 35,000
    Desmond Manley
    Baldwin Wallace University
    Berea,OH44017     		None   Scholarship 3,200
    Bryson Simpson
    College of Wooster
    Wooster,OH44691     		None   Scholarship 7,000
    Andre Craig
    Kent State University
    Kent,OH44240     		None   Scholarship 8,000
    Bryana Barnes
    Kent State University
    Kent,OH44240     		None   Scholarship 3,000
    David Newton
    Kent State University
    Kent,OH44240     		None   Scholarship 2,500
    Jonathan Solomon
    Kent State University
    Kent,OH44240     		None   Scholarship 2,400
    Sydney Shufford
    Kent State University
    Kent,OH44240     		None   Scholarship 1,250
    Simone Burgess
    Notre Dame College
    South Euclid,OH44121     		None   Scholarship 917
    Ryanne Calloway
    Notre Dame College
    South Euclid,OH44121     		None   Scholarship 8,000
    Omahn Dobbins
    Thiel College
    Greenville,PA16125     		None   Scholarship 2,000
    Brooke Dejournett
    University of Akron
    Akron,OH44325     		None   Scholarship 3,000
    Chyana Dejournett
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 1,500
    Ammar Keswani
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 2,000
    Anthony Shorts
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 2,000
    Anthony Young
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 4,000
    Ashlei Hickson
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 3,000
    Brailyn Lightner
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 1,000
    Brandon Paige
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 4,000
    Breauna Wilson
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 3,500
    Cianna McGhee
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 10,000
    Darnell Williams
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 4,000
    Darrell Newsom Jr
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 5,200
    Elijah Cobb
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 3,500
    Giavonna Hill
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 1,300
    Isaac Boyd
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 2,200
    Jahdon Wimbush
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 3,500
    Jalen Foster
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 3,300
    Jerome Lee
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 7,000
    Kanemah Rambi
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 4,500
    Kayla Martin
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 2,000
    Kyree Long
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 1,500
    Lucius Ivory
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 8,000
    Macei Carter
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 3,000
    Michael T Smith
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 2,000
    Michael Swoope
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 2,500
    Mohannahas Pennybaker
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 5,000
    Olivai Toliver
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 1,500
    Shaun Harris
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 4,500
    Shyanna White
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 6,000
    Sir Elliot
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 3,000
    Urgela Cia Figaro
    University of Mount Union
    Alliance,OH44601     		None   Scholarship 2,900
    Dashilae Wright
    Walsh University
    North Canton,OH44720     		None   Scholarship 6,500
    Total .................................bullet 3a 445,167
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    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
    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 ............     		    18 647,904  
    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) ..   772,171  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    772,171
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 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)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID: 21013554
    Software Version: 21.0.5.0
    Part VI Line 7 - Tax Paid with the Original Return: 6,200


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    The Throckmorton Foundation
    EIN:
    61-6288548
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Select Fiduciary 1,545 773   772

    TY 2021 GeneralExplanationAttachment
    Name:
    The Throckmorton Foundation
    EIN:
    61-6288548
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Identifier Return Reference Explanation
      Form 990-PF, Part XV, Line 2b - Application Format and Required Contents - Students must first be en Form 990-PF, Part XV, Line 2b - Application Format and Required Contents - Students must first be enrolled in Grove City College or other colleges or universities in Eastern Ohio or Western Pennsylvania. The college, university or institution of higher education, through its ordinary and usual procedures, will determine economic need. The college, university, or institution of higher education will present to the trustees a list of candidates that meet the criteria or students may apply direct and provide the required information from the college, university or institution of higher education. Form 990-PF, Part XV, Line 2 d - Award Restrictions or Limitations - Scholarships are to be awarded to individuals of Native American or African American descent who demonstrate an economic need and a willingness to complete a higher education degree that will lead to a gainful career or vocation. All payments will be made directly to the college, university, or institution of higher education to be applied against tuition and other qualified expenses. Scholarships are awarded annually and can be renewed contingent upon maintaining the status of a full time student in good academic standing until graduation. Failure to meet the ongoing academic requirements will result in the forfeiture of any remaining undistributed portion of the scholarship. The educational institution will monitor the enrollment and academic standing of the recipients. If an insufficient number of candidates are available awards will be made to the general scholarship funds of Grove City College or other colleges located in Eastern Ohio or Western Pennsylvania.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    The Throckmorton Foundation
    EIN:
    61-6288548
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Air Products Chemicals 2.05 05/15/2030 99,499 86,487
    Wells Fargo Co 3 2/19/2025 50,147 48,876
    State Street Corp 3.1 5/15/2023 49,779 49,871
    Schwab Charles Corp 3.2 3/2/2027 151,057 145,119
    Coco Cola Co 2.45 11/01/2020 97,834 81,433
    Bank of NY Mellon Corp 1.65 07/14/2028 98,020 86,898
    Branch Banking Trust 2.15 12/06/2024 100,776 96,315
    ERP Operating LP 3 49,966 49,835
    Costco Wholesale Corp 1.375 6/20/2027 101,965 89,685
    Emerson Electric 1.8 99,148 89,788
    PPG Industries 1.2 03/15/2026 99,714 89,428
    Paypal Holdings 2.65 10/01/2026 103,727 94,724
    Realty Income Corp 3.875 7/15/2024 103,809 100,049
    Estee Lauder 1.95 3/15/2031 99,160 84,182
    Public Storage 2.3 05/01/2031 101,968 84,001

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    The Throckmorton Foundation
    EIN:
    61-6288548
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Analog Devices 98,100 93,205
    IShares SP Small-Cap 600 Index 115,622 200,345
    Costco Wholesale 21,071 119,083
    Chevron 96,628 136,383
    Danaher 36,715 87,464
    Broadcom 54,317 80,159
    Honeywell 49,127 82,038
    Electronic Arts 85,116 79,924
    JP Morgan Chase 38,959 65,539
    Johnson Johnson 66,248 116,092
    Nike 10,375 65,204
    Meta Platforms 54,491 53,696
    Pepsico 45,731 83,997
    Raytheon Technologies 56,806 92,746
    Procter Gamble 77,436 89,294
    Target 47,693 59,034
    Thermo Fisher Scientific 27,877 107,569
    UnitedHealth Group 24,833 92,453
    Tennessee Valley Authority Pfd 3.36 05/01/2029 50,992 44,320
    Wal-Mart Stores 79,531 80,608
    Tennessee Valley Authority Pfd 3.55 06/01/2028 46,960 47,920
    Accenture Place 15,218 100,232
    Union Pacific 41,824 106,427
    Automatic Data Processing 38,871 100,399
    Berkshire Hathaway Inc CL B 35,026 77,538
    Digital Realty 74,700 83,351
    Intuitive Surgical 66,593 65,030
    Lululemon Athletica 52,111 64,063
    IShares Core SP Mid-Cap ETF 248,821 392,735
    Nvidia 43,394 50,783
    Prologis 55,513 67,178
    Blackrock Inc 39,953 78,566
    Crown Castle Intl 59,115 103,890
    Abbott Laboratories 31,327 85,834
    Alphabet Inc Cl A 23,893 84,991
    Microsoft 24,904 133,808
    Visa Inc Class A 48,630 100,020
    IShares US Utilities ETF 145,092 215,370
    Sherwin Williams 36,601 85,086
    Amazon.com Inc 50,663 101,962
    Adobe Systems 65,094 73,212
    T-Mobile 45,233 106,152
    Stryker 85,826 83,352
    Mastercard Inc Cl A 46,760 85,495
    Salesforce.Com Inc 52,210 73,443
    Zoetis Inc 75,351 53,286
    Linde Public Limited 34,898 84,534
    Ecolab 84,923 66,424
    American Europacific Growth 281,824 314,540
    L3 Harries Technoligies 92,100 89,429

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    The Throckmorton Foundation
    EIN:
    61-6288548
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    US Government Securities - End of Year Book Value:

    498,227
    US Government Securities - End of Year Fair Market Value:

    497,891
    State & Local Government Securities - End of Year Book Value:


    165,602
    State & Local Government Securities - End of Year Fair Market Value:


    162,963


    TY 2021 OtherExpensesSchedule
    Name:
    The Throckmorton Foundation
    EIN:
    61-6288548
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    State Filing fee 200     200
    Insurance 2,511     2,511


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    The Throckmorton Foundation
    EIN:
    61-6288548
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Huntington National Bank - Investment 80,875 80,875    


    TY 2021 TaxesSchedule
    Name:
    The Throckmorton Foundation
    EIN:
    61-6288548
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax on investment income 3,479      
    Estimated excise tax payments 6,200