Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
W L LYONS BROWN JR CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)CO WYATT 500 W JEFFERSON 2800
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOUISVILLE, KY40202
A Employer identification number

61-1233038
B Telephone number (see instructions)

(502) 589-5235
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$121,089,959J 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... 2,496,512 2,495,015  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,271,588
b Gross sales price for all assets on line 6a 13,667,006
7 Capital gain net income (from Part IV, line 2)... 5,271,588
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 39,620 26,245  
12 Total. Add lines 1 through 11........ 7,807,720 7,792,848  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,000 7,333   3,667
c Other professional fees (attach schedule).... Click to see attachment 95,474 63,649   31,825
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 143,583 3,601   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 82,939 82,804   34
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 332,996 157,387   35,526
25 Contributions, gifts, grants paid....... 6,386,848 6,386,848
26 Total expenses and disbursements. Add lines 24 and 25 6,719,844 157,387   6,422,374
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,087,876
b Net investment income (if negative, enter -0-) 7,635,461
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.............      
2 Savings and temporary cash investments......... 1,023,599 1,519,181 1,519,181
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) 4,101,427 Click to see attachment3,526,573 3,510,651
b Investments—corporate stock (attach schedule)....... 28,543,743 Click to see attachment28,547,487 109,389,156
c Investments—corporate bonds (attach schedule)....... 2,567,263 Click to see attachment3,145,777 3,111,777
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,620,732 Click to see attachment2,179,215 3,559,194
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) 37,856,764 38,918,233 121,089,959
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 18,543,374 19,631,250
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 19,313,390 19,286,983
29 Total net assets or fund balances (see instructions)..... 37,856,764 38,918,233
30 Total liabilities and net assets/fund balances (see instructions). 37,856,764 38,918,233
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
37,856,764
2
Enter amount from Part I, line 27a .....................
2
1,087,876
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
38,944,640
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
26,407
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
38,918,233
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 - 8G2380 P    
b PUBLICLY TRADED SECURITIES - 8G2380 P    
c PUBLICLY TRADED SECURITIES - CASH LIQUIDATING DISTRIBUTIONS 8G2380 P    
d PUBLICLY TRADED SECURITIES - LITIGATION PROCEEDS 8G2380 P    
e PUBLICLY TRADED SECURITIES - 8M7858 P    
PUBLICLY TRADED SECURITIES - 8M7858 P    
PUBLICLY TRADED SECURITIES - 8M4353 P    
PUBLICLY TRADED SECURITIES - 8M4353 P    
PUBLICLY TRADED SECURITIES - NN1398 P    
PARTNERSHIP ST GAINS P    
PARTNERSHIP LT GAINS P    
PARTNERSHIP 1231 GAINS P    
Capital Gains Dividends P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,169,122   1,220,165 -51,043
b 1,478,831   832,990 645,841
c 144     144
d 111     111
e 77,021   82,649 -5,628
1,085,211   807,130 278,081
3,325,037   3,362,567 -37,530
1,354,491   1,306,566 47,925
3,997,445   783,351 3,214,094
26,333     26,333
279,072     279,072
12,412     12,412
861,776     861,776
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       -51,043
b       645,841
c       144
d       111
e       -5,628
      278,081
      -37,530
      47,925
      3,214,094
      26,333
      279,072
      12,412
      861,776
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 5,271,588
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 0
3 Add lines 1 and 2........................... 3 106,133
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- ..... 5 106,133
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 75,660
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 75,660
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 444
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 30,917
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletKY
    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 addressbulletN/A
    14
    The books are in care ofbulletBESSEMER TRUST Telephone no.bullet (516) 508-9623

    Located atbullet1271 AVENUE OF THE AMERICAS 42ND FLNEW YORKNY ZIP+4bullet10020
    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)
     
    No
    (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
     
     
    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)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
    Yes
     
    (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
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    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
    ALICE CARY BROWN PRESIDENT/DIRECTOR
    5.00     		0 0 0
    500 WEST JEFFERSON STSTE 2800
    LOUISVILLE,KY40202
    STUART R BROWN SECRETARY/TREASURER
    5.00     		0 0 0
    500 WEST JEFFERSON STSTE 2800
    LOUISVILLE,KY40202
    WL LYONS BROWN III DIRECTOR
    5.00     		0 0 0
    500 WEST JEFFERSON STSTE 2800
    LOUISVILLE,KY40202
    A CARY BROWN EPSTEIN DIRECTOR
    5.00     		0 0 0
    500 WEST JEFFERSON STSTE 2800
    LOUISVILLE,KY40202
    WL LYONS BROWN JR DIRECTOR
    5.00     		0 0 0
    500 WEST JEFFERSON STSTE 2800
    LOUISVILLE,KY40202
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    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.........................bullet0
    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
    118,693,881
    b
    Average of monthly cash balances.......................
    1b
    1,029,656
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    119,723,537
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    119,723,537
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,795,853
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    117,927,684
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    5,896,384
    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
    5,896,384
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    106,133
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    4,362
    c
    Add lines 2a and 2b............................
    2c
    110,495
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,785,889
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    5,785,889
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    5,785,889
    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 5,785,889
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017...... 111,010
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 111,010
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 6,422,374
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 5,785,889
    e Remaining amount distributed out of corpus 636,485
    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 5 747,495
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 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 ......     		747,495
    10 Analysis of line 9:
    a Excess from 2017.... 111,010
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021.... 636,485
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (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
    564 PARK AVENUE PRESERVATION FOUNDATION
    564 PARK AVE
    NEW YORK,NY10065     		N/A PUBLIC GENERAL EXEMPT PURPOSE 50,000
    ACHIEVEMENT CENTERS FOR CHILDREN AND FAMILIES FOUNDATION
    555 WEST 4TH STREET
    DELRAY BEACH,FL33444     		N/A PUBLIC GENERAL EXEMPT PURPOSE 1,000
    AMAZON BIODIVERSITY CENTER
    PO BOX 96503
    WASHINGTON,DC20090     		N/A PUBLIC GENERAL EXEMPT PURPOSE 252,576
    AMERICAN AUSTRIAN FOUNDATION
    150 E 42ND STREET 42ND FLOOR
    NEW YORK,NY10017     		N/A PUBLIC GENERAL EXEMPT PURPOSE 5,460
    AMERICAN FARMLAND TRUST
    1150 Connecticut Ave NW
    WashINGTON,DC20036     		N/A PubLIC GENERAL EXEMPT PURPOSE 50,000
    BASCOM PALMER EYE INSTITUTE ALUMNI ASSOCIATION INC
    900 NW 17TH ST
    MIAMI,FL33136     		N/A PUBLIC GENERAL EXEMPT PURPOSE 1,000
    BLUEGRASS LAND CONSERVANCY
    450 Old Vine St Suite 105
    LEXINGTON,KY40507     		N/A pUBLIC GENERAL EXEMPT PURPOSE 25,000
    BOMB MAGAZINE
    80 HANSON PLACE SUITE 703
    BROOKLYN,NY11217     		N/A PUBLIC GENERAL EXEMPT PURPOSE 50,000
    BOYS & GIRLS CLUB OF PALM BEACH COUNTY
    800 NORTHPOINT PKWY SUITE 204
    WEST PALM BEACH,FL33407     		N/A PUBLIC GENERAL EXEMPT PURPOSE 7,268
    CENTRAL PARK CONSERVANCY
    14 E 60TH ST FLOOR 8
    NEW YORK,NY10022     		N/A PUBLIC GENERAL EXEMPT PURPOSE 6,000
    CHARLOTTESVILLE TOMORROW
    PO BOX 1591
    CHARLOTTESVILLE,VA22902     		N/A PUBLIC GENERAL EXEMPT PURPOSE 3,000
    COASTAL CONSERVATION LEAGUE
    131 SPRING STREET
    CHARLESTON,SC29403     		N/A PUBLIC GENERAL EXEMPT PURPOSE 30,000
    COMMUNITY FOUNDATION OF JACKSON HOLE
    245 E SIMPSON AVE POBOX 574
    JACKSON,WY83001     		N/A PUBLIC GENERAL EXEMPT PURPOSE 25,000
    COOMBS OUTDOORS
    PO BOX 7665
    JACKSON,WY83002     		N/A PUBLIC GENERAL EXEMPT PURPOSE 12,500
    CRC RECOVERY FOUNDATION INC
    309 NE 1ST ST
    DELRAY BEACH,FL33483     		N/A PUBLIC GENERAL EXEMPT PURPOSE 5,000
    CURRAN SEELEY FOUNDATION
    PO BOX 11390
    JACKSON,WY83002     		N/A PUBLIC GENERAL EXEMPT PURPOSE 25,000
    EDMEE FIRTH FUND FOR RESEARCH (OVARIAN CANCER RESEARCH ALLIANCE)
    PO BOX 23113
    NEW YORK,NY100873113     		N/A PUBLIC GENERAL EXEMPT PURPOSE 250
    FISHERS ISLAND COMMUNITY CENTER
    66 HOUND LANE
    FISHERS ISLAND,NY06390     		N/A PUBLIC GENERAL EXEMPT PURPOSE 500
    FISHERS ISLAND LIBRARY ASSOCIATION
    PO BOX 366
    FISHERS ISLAND,NY06390     		N/A PUBLIC GENERAL EXEMPT PURPOSE 1,000
    FLORIDA COALITION FOR PRESERVATION
    235 NE 6TH AVENUE
    DELRAY BEACH,FL33483     		N/A PUBLIC GENERAL EXEMPT PURPOSE 1,000
    FOCUSED ULTRASOUND FOUNDATION
    1230 CEDARS COURT SUITE 206
    CHARLOTTESVILLE,VA22903     		N/A PUBLIC GENERAL EXEMPT PURPOSE 10,000
    FRICK COLLECTION
    1 E 70TH STREET
    NEW YORK,NY10021     		N/A PUBLIC GENERAL EXEMPT PURPOSE 597,555
    FUND FOR PARK AVENUE
    445 PARK AVENUE
    NEW YORK,NY10022     		N/A PUBLIC GENERAL EXEMPT PURPOSE 2,000
    GRAND TETON NATIONAL PARK FOUNDATION
    PO BOX 249
    MOOSE,WY83012     		N/A PUBLIC GENERAL EXEMPT PURPOSE 75,000
    GREAT MEADOWS FOUNDATION
    611 WEST MAIN STREET SUITE 400
    LOUISVILLE,KY40202     		N/A PUBLIC GENERAL EXEMPT PURPOSE 500
    HENRY L FERGUSON MUSEUM
    PO BOX 554
    FISHERS ISLAND,NY06390     		N/A PUBLIC GENERAL EXEMPT PURPOSE 20,000
    IFKHM
    623 FIFTH AVENUE 24TH FLOOR
    NEW YORK,NY10022     		N/A PUBLIC GENERAL EXEMPT PURPOSE 12,000
    ISLAND HEALTH PROJECT
    PO BOX 344
    FISHERS ISLAND,NY06390     		N/A PUBLIC GENERAL EXEMPT PURPOSE 1,000
    JACKSON HOLE LAND TRUST
    690 US-89 SUITE 101
    JACKSON,WY83001     		N/A PUBLIC GENERAL EXEMPT PURPOSE 4,232
    JEFFERSON SCHOLARS FOUNDATION
    112 Clarke Ct
    CharlOTTESVILLE,VA22903     		N/A PUBLIC GENERAL EXEMPT PURPOSE 148,000
    JUST FOR KIDS FOUNDATION
    PO BOX 4219
    TELLURIDE,CO81435     		N/A PUBLIC GENERAL EXEMPT PURPOSE 10,000
    LIGHTHOUSE WORKS
    PO BOX 385
    FISHERS ISLAND,NY06390     		N/A PUBLIC GENERAL EXEMPT PURPOSE 500
    MEMORIAL SLOAN-KETTERING CANCER CENTER
    PO BOX 27106
    NEW YORK,NY10087     		N/A PUBLIC GENERAL EXEMPT PURPOSE 1,000
    METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVENUE
    NEW YORK,NY10028     		N/A PUBLIC GENERAL EXEMPT PURPOSE 775,000
    METROPOLITAN OPERA
    30 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		N/A PUBLIC GENERAL EXEMPT PURPOSE 7,350
    MUSEUM OF MODERN ART
    11 W 53RD STREET
    NEW YORK,NY10019     		N/A PUBLIC GENERAL EXEMPT PURPOSE 5,465
    NATIONAL ASSOCIATION FOR OLMSTED PARKS
    1200 18TH STREET NW SUITE 700
    WASHINGTON,DC20036     		N/A PUBLIC GENERAL EXEMPT PURPOSE 50,000
    NATIONAL AUDUBON SOCIETY
    225 Varick St
    NEW YORK,NY10014     		N/A PUBLIC GENERAL EXEMPT PURPOSE 100,000
    NATURE CONSERVANCY IN COLORADO
    3350 TURKEY CANYON ROAD
    COLORADO SPRINGS,CO80926     		N/A PUBLIC GENERAL EXEMPT PURPOSE 560,000
    NEUE GALERIE NEW YORK
    1048 FIFTH AVENUE
    NEW YORK,NY10028     		N/A PUBLIC GENERAL EXEMPT PURPOSE 790
    NEW ENGLAND SCIENCE AND SAILING FOUNDATION
    PO BOX 733
    STONINGTON,CT06378     		N/A PUBLIC GENERAL EXEMPT PURPOSE 10,000
    NEW YORK BOTANICAL GARDEN
    2900 SOUTHERN BLVD
    NEW YORK,NY10458     		N/A PUBLIC GENERAL EXEMPT PURPOSE 52,500
    NEW YORK LANDMARKS CONVERVANCY INC
    1 WHITEHALL ST FL 21
    NEW YORK,NY10004     		N/A PUBLIC GENERAL EXEMPT PURPOSE 1,000
    NEW YORK PHILARMONIC
    10 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		N/A PUBLIC GENERAL EXEMPT PURPOSE 1,200
    NORTON MUSEUM OF ART INC
    1450 S DIXIE HWY
    WEST PALM BEACH,FL33401     		N/A PUBLIC GENERAL EXEMPT PURPOSE 24,000
    SALZBURG FESTIVAL SOCIETY
    509 MADISON AVENUE
    NEW YORK,NY10022     		N/A PUBLIC GENERAL EXEMPT PURPOSE 1,350
    SANDOWAY DISCOVERY CENTER
    142 S OCEAN BLVD
    DELRAY BEACH,FL33483     		N/A PUBLIC GENERAL EXEMPT PURPOSE 5,000
    SOCIETY OF THE FOUR ARTS
    100 FOUR ARTS PLAZA
    PALM BEACH,FL33480     		N/A PUBLIC GENERAL EXEMPT PURPOSE 36,000
    SOUTHERN DOCUMENTARY FUND
    PO BOX 3622
    DURHAM,NC27702     		N/A PUBLIC GENERAL EXEMPT PURPOSE 10,000
    SOUTHERN ENVIRONMENTAL LAW CENTER
    201 W Main St 14
    CHARLOTTESVILLE,VA22902     		N/A PUBLIC GENERAL EXEMPT PURPOSE 25,000
    SPANISCHE HOFREITSCHULE WIEN (SPANISH RIDING SCHOOL)
    MICHAELERPLATZ 1
      VIENNA1010
    AU     		N/A PRIVATE GENERAL EXEMPT PURPOSE 5,000
    SPEED ART MUSEUM
    2035 SOUTH THIRD STREET
    LOUISVILLE,KY40208     		N/A PUBLIC GENERAL EXEMPT PURPOSE 100,000
    ST JAMES' CHURCH
    865 MADISON AVENUE
    NEW YORK,NY10021     		N/A PUBLIC GENERAL EXEMPT PURPOSE 3,000
    ST JOHN'S CHURCH
    2319 E BROAD STREET
    RICHMOND,VA23223     		N/A PUBLIC GENERAL EXEMPT PURPOSE 203,276
    ST MARGARET'S EPISCOPAL CHURCH
    14641 LA NOVIA
    SAN JUAN CAPISTRANO,CA92675     		N/A PUBLIC GENERAL EXEMPT PURPOSE 40,000
    STORM KING ART CENTER
    1 MUSEUM RD
    NEW WINDSOR,NY12553     		N/A PUBLIC GENERAL EXEMPT PURPOSE 210,000
    THE ROCKEFELLER UNIVERSITY
    1230 YORK AVENUE BOX 164
    NEW YORK,NY100656399     		N/A PUBLIC GENERAL EXEMPT PURPOSE 1,000
    THE VERMONT COMMUNITY FOUNDATION
    3 COURT STREET
    MIDDLEBURY,VT05753     		N/A PUBLIC GENERAL EXEMPT PURPOSE 10,000
    TWO EAST 62ND STREET FOUNDATION
    2 EAST 62ND STREET
    NEW YORK,NY10131     		N/A PUBLIC GENERAL EXEMPT PURPOSE 1,000
    UM BASCOM PALMER EYE INSTITUTE
    PO BOX 01690
    MIAMI,FL33101     		N/A PUBLIC GENERAL EXEMPT PURPOSE 2,500
    UNIVERSITY OF VIRIGNIA
    PO BOX 400314
    CHARLOTTESVILLE,VA22904     		N/A PUBLIC GENERAL EXEMPT PURPOSE 1,000
    UVA COLLEGE OF ARTS & SCIENCES ANNUAL FUND
    2410 OLD IVY ROAD SUITE 100
    PO BOX,VA22904     		N/A PUBLIC GENERAL EXEMPT PURPOSE 5,000
    UVA DARDEN SCHOOL FOUNDATION
    100 DAREN BLVD
    CHARLOTTESVILLE,VA22903     		N/A PUBLIC GENERAL EXEMPT PURPOSE 110,000
    UVA FUND
    PO BOX 400314
    CHARLOTTESVILLE,VA22904     		N/A PUBLIC GENERAL EXEMPT PURPOSE 1,000
    UVA THE COLLEGE FOUNDATION
    PO BOX 400314
    CHARLOTTESVILLE,VA22904     		N/A PUBLIC GENERAL EXEMPT PURPOSE 2,400,000
    VIRGINIA ATHLETICS FOUNDATION
    PO BOX 400833
    CHARLOTTESVILLE,VA22904     		N/A PUBLIC GENERAL EXEMPT PURPOSE 15,000
    WALSH PARK BENEVOLENT CORPORATION
    PO BOX 684
    FISHERS ISLAND,NY06390     		N/A PUBLIC GENERAL EXEMPT PURPOSE 1,000
    WESTMINISTER SCHOOL
    995 HOPMEADOW STREET
    SIMSBURY,CT06070     		N/A PUBLIC GENERAL EXEMPT PURPOSE 10,000
    WILDLIFE CONSERVATION SOCIETY
    2300 SOUTHERN BOULEVARD
    BRONX,NY10460     		N/A PUBLIC GENERAL EXEMPT PURPOSE 7,500
    WINTERTHUR MUSEUM GARDEN & LANDSCAPE
    5105 KENNETT PIKE
    WILIMGTON,DE19735     		N/A PUBLIC GENERAL EXEMPT PURPOSE 30,000
    WOODBERRY FOREST SCHOOL
    898 WOODBERRY ROAD
    WOODBERRY FOREST,VA22989     		N/A PUBLIC GENERAL EXEMPT PURPOSE 15,576
    WOODWELL CLIMATE RESEARCH CENTER
    149 WOODs Hole Rd
    FALMOUTH,MA02540     		N/A PUBLIC GENERAL EXEMPT PURPOSE 67,000
    WORLD MONUMENTS FUND
    350 FIFTH AVENUE SUITE 2412
    NEW YORK,NY10118     		N/A PUBLIC GENERAL EXEMPT PURPOSE 50,000
    Total .................................bullet 3a 6,386,848
    bApproved for future payment
    Total .................................bullet 3b 0
    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 5,271,588  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL TAX REFUND     		      18,537  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 7,807,720 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    7,807,720
    (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:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    W L LYONS BROWN JR CHARITABLE FOUNDATION
    EIN:
    61-1233038
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREP FEES 11,000 7,333   3,667

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    W L LYONS BROWN JR CHARITABLE FOUNDATION
    EIN:
    61-1233038
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    SPANISCHE HOFREITSCHULE WIEN (SPANISH RIDING SCHOOL)
          		MICHAELERPLATZ 1
      VIENNA1010
    AU     		2021-05-06 5,000 THE SPANISH RIDING SCHOOL HAS AGREED TO MAINTAIN ALL GRANT PAYMENTS RECEIVED FROM THE FOUNDATION IN A SEPARATE, SEGREGATED FUND FROM WHICH AMOUNTS WILL BE EXPENDED SOLELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATION PURPOSES. THE SCHOOL HAS AGREED TO MAKE EXPENDITURES FOR ITS EDUCATION, SCIENTIFIC, CHARITABLE AND SIMILAR PURPOSES TOGETHER WITH ADMINISTRATIVE EXPENSES, NOT LATER THAN THE END OF THE PERIOD CONSISTING OF THE FISCAL YEAR IN WHICH THE SCHOOL RECEIVES ANY PAYMENT ON A GRANT FROM THE FOUNDATION. 5,000       PROMPLTY AFTER THE END OF THE SECOND FISCAL YEAR IN ANY DISTRIBUTION PERIOD, THE SCHOOL WILL FURNISH TO THE FOUNDATION A STATEMENT SIGNED BY AN OFFICER SHOWING (A) THAT SUCH EXPENDITURES HAVE BEEN MADE, (B) THE NAMES AND ADDRESSES OF THE PERSONS RECEIVING SUCH EXPENDITURES (EXCEPT THAT IN THE CASE OF ADMINISTRATIVE EXPENSES, A GENERAL DESCRIPTION OF THE PURPOSE OF SUCH EXPENDITURES WILL BE SUFFICIENT), AND (C) THAT THE AMOUNT OF SUCH EXPENDITURES IS NOT LESS THAN THE AMOUNT REQUIRED.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    W L LYONS BROWN JR CHARITABLE FOUNDATION
    EIN:
    61-1233038
    Name of Bond End of Year Book Value End of Year Fair Market Value
    45000.00 CATERPILLAR FINL SERVICE 44,959 45,099
    65000.00 PAYPAL HOLDINGS INC 67,067 65,802
    35000.00 OMNICOM GROUP INC 31,985 35,023
    35000.00 CIGNA CORP 36,972 36,428
    40000.00 VALERO ENERGY CORP 40,091 39,959
    40000.00 KIMBERLY-CLARK CORP 40,117 38,770
    60000.00 ABBVIE INC 62,480 63,763
    40000.00 APPLE INC 39,653 42,308
    60000.00 CITIGROUP INC 67,241 64,713
    22000.00 VF CORP 22,031 22,099
    60000.00 COMCAST CORP 64,296 63,762
    40000.00 AMERICAN HONDA FINANCE 39,986 40,239
    40000.00 MCDONALD'S CORP 42,847 42,453
    65000.00 XCEL ENERGY INC 67,910 68,293
    22000.00 HP ENTERPRISE CO 24,847 24,414
    40000.00 SOUTHERN CO GAS CAPITAL 41,324 40,896
    30000.00 AMAZON.COM INC 29,994 29,976
    35000.00 ESTEE LAUDER CO INC 38,072 36,284
    65000.00 ROPER TECHNOLOGIES INC 70,584 67,334
    70000.00 WASTE MANAGEMENT INC 69,781 66,745
    60000.00 CHURCH & DWIGHT CO INC 62,861 63,734
    60000.00 SOUTHWEST AIRLINES CO 68,536 68,674
    69000.00 VERIZON COMMUNICATIONS 69,505 65,307
    70000.00 D.R. HORTON INC 69,887 67,746
    35000.00 EVERSOURCE ENERGY 36,788 36,733
    65000.00 BROADCOM CRP / CAYMN FI 67,066 65,616
    59000.00 JPMORGAN CHASE & CO 61,803 62,263
    45000.00 LOWE'S COS INC 45,098 45,093
    40000.00 ENTERGY LOUISIANA LLC 39,992 39,687
    40000.00 JABIL INC 41,445 41,057
    60000.00 ANTHEM INC 65,198 65,854
    45000.00 NUCOR CORP 45,753 45,723
    45000.00 PRECISION CASTPARTS CORP 46,082 47,813
    95000.00 MORGAN STANLEY 95,188 94,026
    60000.00 BANK OF AMERICA CORP 63,206 63,161
    32000.00 SHELL INTERNATIONAL FIN 31,725 32,737
    65000.00 NEXTERA ENERGY CAPITAL 64,993 64,865
    65000.00 WEC ENERGY GROUP INC 64,922 64,368
    65000.00 SOUTHERN CAL EDISON 64,994 64,447
    70000.00 AIR LEASE CORP 69,527 68,607
    20000.00 GENERAL MOTORS FINL CO 21,782 21,313
    60000.00 ADOBE INC 64,548 63,496
    60000.00 MOODY'S CORPORATION 65,639 64,119
    41000.00 GENERAL MOTORS FINL CO 45,112 44,173
    60000.00 ROSS STORES INC 66,485 65,691
    60000.00 STRYKER CORP 59,881 59,535
    43000.00 SHERWIN-WILLIAMS CO 46,955 45,767
    70000.00 CHEVRON USA INC 69,504 68,604
    70000.00 PIONEER NATURAL RESOURCE 70,096 68,087
    40000.00 HP ENTERPRISE CO 40,025 40,005
    60000.00 MASTERCARD INC 68,065 65,715
    65000.00 PUBLIC STORAGE 65,258 64,888
    33000.00 UNION PACIFIC CORP 38,244 37,043
    30000.00 BP CAP MARKETS AMERICA 33,922 33,300
    60000.00 CONSTELLATION BRANDS INC 65,632 63,208
    70000.00 NVIDIA CORP 69,691 69,513
    70000.00 CAPITAL ONE FINANCIAL CO 68,240 66,411
    70000.00 BANK OF MONTREAL 69,892 69,038

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    W L LYONS BROWN JR CHARITABLE FOUNDATION
    EIN:
    61-1233038
    Name of Stock End of Year Book Value End of Year Fair Market Value
    495.00 MATCH GROUP INC 60,006 65,463
    992.00 META PLATFORMS INC 162,529 333,659
    191.00 ALPHABET INC CLASS C 122,451 552,675
    118.00 ALPHABET INC. CLASS A 102,854 341,850
    285.00 SEA LTD ADR 50,334 63,757
    141.00 CHARTER COMMUNICATIONS INC 69,722 91,927
    470.00 WYNDHAM HOTELS & RESORTS 24,461 42,135
    208.00 BURLINGTON STORES INC 47,101 60,634
    1785.00 DOLLARAMA INC 71,011 89,276
    340.00 ADVANCE AUTO PARTS 54,299 81,559
    970.00 HILTON WORLDWIDE HOLDINGS 99,501 151,310
    1370.00 NIKE INC CL B 105,709 228,337
    150.00 LVMH MOET HENNESSY VUITTON 76,010 123,510
    99.00 AMAZON.COM INC 75,488 330,099
    197.00 HOME DEPOT 26,660 81,756
    936.00 ROSS STORES INC 83,154 106,966
    1000.00 PEPSICO INC 95,639 173,710
    2270.00 US FOODS HOLDING CORP 68,223 79,064
    43883.348 OW CREDIT INCOME FUND 438,925 442,782
    384.00 PIONEER NATURAL RESOURCES 55,173 69,841
    2180.00 CONOCOPHILLIPS 101,068 157,352
    360.00 NASDAQ INC. 44,930 75,603
    1615.00 BLACKSTONE GROUP INC 85,194 208,964
    298.00 S&P GLOBAL INC. 99,079 140,635
    5700.00 BANK OF AMERICA CORP 96,289 253,593
    1653.00 CITIGROUP INC 49,184 99,824
    2350.00 SCHWAB CHARLES CORP NEW 133,166 197,635
    229.00 AON PLC 49,700 68,828
    560.00 DANAHER CORP 45,039 184,245
    295.00 STERIS PLC 52,387 71,805
    1035.00 IQVIA HOLDINGS INC 154,732 292,014
    775.00 ZOETIS INC 50,779 189,123
    195.00 COOPER COS INC 66,657 81,693
    156.00 LAB CORP OF AMER HLDGS NEW 30,345 49,016
    282.00 THERMO FISHER SCIENTIFIC 16,026 188,161
    465.00 UNITEDHEALTH GROUP INC 109,846 233,495
    173.00 TELEFLEX INC 58,708 56,827
    612.00 UNION PACIFIC CORP 66,756 154,181
    245.00 CINTAS CORP 39,705 108,576
    765.00 SAFRAN SA 93,125 93,281
    545.00 SMITH A O CORP 30,051 46,788
    950.00 IAA INC 51,403 48,089
    270.00 EQUIFAX INC 43,599 79,053
    330.00 DOVER CORP 36,798 59,928
    2208.00 MICROSOFT CORP 140,404 742,594
    340.00 ASPEN TECHNOLOGY 46,997 51,748
    193.00 SYNOPSYS INC 41,646 71,120
    195.00 ASML HOLDING 102,742 156,080
    1145.00 TEXAS INSTRUMENTS INC 113,863 215,798
    245.00 ADOBE INC 119,643 138,929
    3173.00 APPLE INC 44,279 563,429
    127.00 ANSYS INC 40,858 50,942
    355.00 CDW CORP/DE 45,010 72,696
    157.00 SERVICENOW INC 27,226 101,910
    119.00 PAYCOM SOFTWARE INC 43,795 49,407
    670.00 SS&C TECHNOLOGIES HOLDINGS 43,660 54,926
    1436.00 VISA INC 136,686 311,195
    1430.00 AMPHENOL CORP 67,510 125,067
    220.00 NICE LTD ADR 50,411 66,792
    265.00 WEX INC 39,254 37,203
    641095.275 OW LARGE CAP STRATEGIES FD 10,116,437 12,078,234
    317.00 AIR PRODUCTS & CHEMICALS 74,464 96,450
    743.00 AMERICAN TOWER CORP 152,078 217,327
    164669.867 OW SMALL & MIDCAP STRAT FD 2,348,930 2,972,291
    930.00 AMEREN CORP 60,700 82,779
    405.00 AMERICAN WATER WORKS CO 16,208 76,488
    233.00 NVIDIA CORP 67,131 68,527
    351.00 NORTHTROP GRUMMAN CORP 128,483 135,861
    950.00 EATON CORP PLC 136,547 164,179
    660.00 CATALENT INC 72,103 84,499
    950.00 JPMORGAN CHASE & CO 147,469 150,432
    174.00 MSCI INC 76,661 106,608
    745.00 VULCAN MATERIALS 139,430 154,647
    30.00 MERCADOLIBRE INC 46,611 40,452
    900.00 APTIV PLC 137,309 148,455
    240.00 JONES LANG LASALLE INC COM 45,796 64,641
    160.00 HEICO CORPORATION 21,513 23,075
    230.00 CARLISLE COS 45,363 57,067
    370.00 LINCOLN ELEC HLDG 49,477 51,603
    260.00 EXPEDIA GROUP INC 42,871 46,987
    89.00 DOMINOS PIZZA 35,726 50,225
    41.00 ALPHABET INC CLASS C 54,212 118,637
    180.00 META PLATFORMS INC 23,375 60,543
    1501.00 VERIZON COMMUNICATIONS 64,888 77,991
    151.00 HOME DEPOT 24,553 62,666
    464.00 MCDONALD'S CORP 77,310 124,384
    300.00 GENUINE PARTS CO 28,237 42,060
    33.00 AMAZON.COM INC 46,317 110,033
    425.00 ROSS STORES INC 42,395 48,569
    230.00 STARBUCKS CORP 14,375 26,903
    35.00 COSTCO WHSL CORP NEW 6,843 19,869
    1045.00 COCA-COLA COMPANY 55,705 61,874
    115.00 THE HERSHEY COMPANY 13,064 22,249
    350.00 PEPSICO INC 33,700 60,798
    260.00 PROCTER & GAMBLE CO 23,423 42,530
    1520.00 CHEVRON CORP 166,524 178,372
    1051.00 TRUIST FINANCIAL CORP 39,598 61,536
    650.00 PRUDENTIAL FINANCIAL 52,320 70,356
    430.00 BLACKSTONE GROUP INC 22,468 55,637
    1437.00 JPMORGAN CHASE & CO 68,597 227,548
    2645.00 BANK OF AMERICA CORP 74,417 117,676
    340.00 AGILENT TECHNOLOGIES 29,050 54,281
    175.00 ABBOTT LABORATORIES 11,845 24,629
    105.00 INTUITIVE SURGICAL 23,235 37,726
    180.00 ANTHEM INC 54,840 83,437
    1237.00 MEDTRONIC PLC 112,864 127,967
    925.00 ABBVIE INC 89,373 125,245
    235.00 QUEST DIAGNOSTICS INC 24,233 40,657
    607.00 MERCK & CO INC NEW 41,073 46,520
    73.00 LOCKHEED MARTIN CORP 17,973 25,944
    235.00 EATON CORP PLC 17,966 40,612
    202.00 NORTHROP GRUMMAN CORP 76,232 78,188
    255.00 ILLINOIS TOOL WORKS INC 31,478 62,934
    165.00 AMETEK INC NEW 13,499 24,261
    385.00 UNION PACIFIC CORP 63,898 96,993
    305.00 WASTE MANAGEMENT INC NEW 31,600 50,904
    435.00 DEERE & CO 70,177 149,157
    175.00 MOTOROLA SOLUTIONS INC 28,139 47,547
    151.00 KLA CORPORATION 21,479 64,946
    780.00 MICROSOFT CORP 104,856 262,329
    340.00 TEXAS INSTRUMENTS INC 30,667 64,079
    55.00 BROADCOM INC 19,798 36,597
    1320.00 APPLE INC 33,989 234,392
    728.00 NVIDIA CORP 18,370 214,112
    180.00 AUTOMATIC DATA PROCESSING 26,716 44,384
    420.00 TE CONNECTIVITY LTD 30,156 67,762
    260.00 VISA INC 37,408 56,344
    190.00 AIR PRODUCTS & CHEMICALS 29,326 57,809
    380.00 SIMON PROP GROUP 43,469 60,712
    190.00 AMERICAN TOWER CORP 39,141 55,575
    935.00 NEXTERA ENERGY INC 66,961 87,291
    280.00 FORTINET INC 44,330 100,632
    990.00 COMCAST CORP CL A NEW 55,683 49,826
    190.00 ZOETIS INC 38,591 46,365
    83.00 ESTEE LAUDER COS INC CL A 29,124 30,726
    290.00 WALMART INC 43,469 41,960
    1,091,251.00 SHS - BROWN FORMAN CORP CL B 7,590,621 75,283,250
    51,529.00 SHS - BROWN FORMAN CORP A 14,430 3,493,150

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    W L LYONS BROWN JR CHARITABLE FOUNDATION
    EIN:
    61-1233038
    US Government Securities - End of Year Book Value:

    3,526,573
    US Government Securities - End of Year Fair Market Value:

    3,510,651
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    W L LYONS BROWN JR CHARITABLE FOUNDATION
    EIN:
    61-1233038
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    133.762 5TH AVE MUL-STRAT OFF S1 AT COST 335,000 396,460
    433258.40 5TH AVE PRIV EQUITY 14 T2 AT COST 408,625 677,321
    505304.43 5TH AVE PRIV EQUITY 15 T2 AT COST 470,012 688,439
    592853.20 5TH AVE PRIV EQUITY 13 T2 AT COST 508,850 1,133,148
    78987.41 5TH AVE PRIV EQUITY 16 T2 AT COST 69,714 78,987
    243765.28 5TH AVE REAL ASSETS 3 T2 AT COST 138,024 218,150
    287235.72 5TH AVE REAL ASSETS 4 T2 AT COST 212,324 326,952
    39934.91 5TH AVE REAL ASSETS 5 T2 AT COST 36,666 39,737

    TY 2021 OtherDecreasesSchedule
    Name:
    W L LYONS BROWN JR CHARITABLE FOUNDATION
    EIN:
    61-1233038
    Description Amount
    BOOK TO TAX ADJUSTMENT 26,407


    TY 2021 OtherExpensesSchedule
    Name:
    W L LYONS BROWN JR CHARITABLE FOUNDATION
    EIN:
    61-1233038
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    KENTUCKY FILING FEE 15 0   15
    PARTNERSHIP INVESTMENT EXPENSES 82,804 82,804   0
    PARTNERSHIP CHARITABLE 19 0   19
    PARTNERSHIP NONDEDUCTIBLE EXPENSES 101 0   0


    TY 2021 OtherIncomeSchedule2
    Name:
    W L LYONS BROWN JR CHARITABLE FOUNDATION
    EIN:
    61-1233038
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP TAX EXEMPT INTEREST 350 0 350
    PARTNERSHIP INT/DIVS 32,760 32,760 32,760
    PARTNERSHIP OTHER INCOM -12,027 -6,515 -12,027
    FEDERAL TAX REFUND 18,537   18,537


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    W L LYONS BROWN JR CHARITABLE FOUNDATION
    EIN:
    61-1233038
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT SERVICE FEES - BESSEMER 91,905 61,270   30,635
    INVESTMENT SERVICE FEES - MORGAN STANLEY 3,569 2,379   1,190


    TY 2021 TaxesSchedule
    Name:
    W L LYONS BROWN JR CHARITABLE FOUNDATION
    EIN:
    61-1233038
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX PAYMENTS 139,000 0   0
    FOREIGN TAXES PAID 2,546 2,546   0
    STATE TAX WITHHOLDINGS 1,055 1,055   0
    PARTNERSHIP TAX CREDITS 982 0   0