TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021

Name of foundation
The Ruth & J O Stone Foundation

% Foundation Source

Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377

A Employer identification number

82-3471315

B Telephone number (see instructions)

(800) 839-1754

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$42,299,009J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)	6,401,012
2	Check .............
3	Interest on savings and temporary cash investments	2,948		2,948
4	Dividends and interest from securities...	941,908		941,908
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		2,485,761
b	Gross sales price for all assets on line 6a 19,433,371
7	Capital gain net income (from Part IV, line 2)...			2,509,994
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).......		327,264	302,850
12	Total. Add lines 1 through 11........	10,158,893		3,757,700
13	Compensation of officers, directors, trustees, etc.	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		272,911	272,911
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		65,956	6,030
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		62,134	1,341	60,793
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	401,001		280,282	60,793
25	Contributions, gifts, grants paid.......	1,590,000			1,590,000
26	Total expenses and disbursements. Add lines 24 and 25	1,991,001		280,282	1,650,793
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	8,167,892
b	Net investment income (if negative, enter -0-)			3,477,418
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	1,943,863	1,835,721	1,835,721
	3	Accounts receivable
		Less: allowance for doubtful accounts	1,210
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	3,624,942	5,593,023	5,450,806
	b	Investments—corporate stock (attach schedule).......	23,679,891	30,490,554	34,516,761
	c	Investments—corporate bonds (attach schedule).......	1,005,307	503,807	495,721
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	30,255,213	38,423,105	42,299,009
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	30,255,213	38,423,105
	29	Total net assets or fund balances (see instructions).....	30,255,213	38,423,105
	30	Total liabilities and net assets/fund balances (see instructions).	30,255,213	38,423,105

Part III

Analysis of Changes in Net Assets or Fund Balances

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

30,255,213

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

8,167,892

Other increases not included in line 2 (itemize) bullet

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

38,423,105

Decreases not included in line 2 (itemize) bullet

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

38,423,105

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	Passthrough K1 Capital Gain/(Loss)
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	19,433,371	17,128,433	2,304,938
b			205,056
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			2,304,938
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	2,509,994
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Form 990-PF (2021)

Page 4

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3	48,336
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	48,336
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	23,700
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	27,000
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	50,700
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	91
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	2,273
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax2,273	Refunded	11

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

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

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

Yes

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

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

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

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

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

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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

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

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

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

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

Yes

Website address bullet

The books are in care of bullet

Foundation Source Telephone no. bullet

(800) 839-1754

Located at bullet

501 Silverside Road Suite 123WilmingtonDE ZIP+4 bullet

198091377

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

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

16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

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

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

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

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

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

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

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

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

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

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2021.) .....................

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

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

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

Form 990-PF (2021)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VII

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

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
Linda R Chamberlain	Sec, Treas, Dir 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Sec, Treas, Dir 1.0	0	0	0
H Jason Hall	Dir, VP 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir, VP 1.0	0	0	0
Timothy K Mariani	Dir, Pres 3.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir, Pres 3.0	0	0	0

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


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances










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

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
Wells Fargo	Investment MGMT	274,252
4030 W BOY SCOUT BLVD ste 150 TAMPA,FL33607	Investment MGMT	274,252
Foundation Source	Administrative	60,700
55 Walls Drive 3rd Fl Fairfield,CT06824	Administrative	60,700

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

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2021)

Page 8

Part IX

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

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

purposes:

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

36,116,650

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

2,202,290

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

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

38,318,940

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

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

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

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

38,318,940

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

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

574,784

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

37,744,156

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

1,887,208

Part X

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

and do not complete this part.)

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

1,887,208

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

48,336

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

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

48,336

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

1,838,872

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

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

1,838,872

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

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

1,838,872

Part XI

Qualifying Distributions (see instructions)

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

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

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2021
1 Distributable amount for 2021 from Part X, line 7			1,838,872
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......
b Total for prior years:2019, 2018, 2017
3 Excess distributions carryover, if any, to 2021:
a From 2016......
b From 2017......
c From 2018......
d From 2019......
e From 2020......	228,159
f Total of lines 3a through e ........		228,159
4Qualifying distributions for 2021 from Part
XI, line 4: $ 1,650,793
a Applied to 2020, but not more than line 2a
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.....			1,650,793
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2021.		188,079	188,079
(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		40,080
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 ..........			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) .......
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 ......		40,080
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....
d Excess from 2020....	40,080
e Excess from 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 4942(j)(3) or4942(j)(5)

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

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

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.

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

Check here bullet

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

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2021)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CHARITY WORKS INC 1346 S FORT HARRISON AVE STE 101 CLEARWATER,FL33756	N/A	PC	Charitable Event	5,000
CLEARWATER FREE CLINIC INC 1218 COURT ST CLEARWATER,FL33756	N/A	PC	Charitable Event	25,000
CLEARWATER HISTORICAL SOCIETY INC PO BOX 175 CLEARWATER,FL33757	N/A	PC	Charitable Event	5,000
COMMUNITY DENTAL CLINIC INC 1008 WOODLAWN ST CLEARWATER,FL33756	N/A	PC	Charitable Event	10,000
COMMUNITY DENTAL CLINIC INC 1008 WOODLAWN ST CLEARWATER,FL33756	N/A	PC	Capital Campaign and Endowment Fund	1,000,000
CREATED WOMEN INC PO BOX 5717 TAMPA,FL33675	N/A	PC	General & Unrestricted	5,000
DUNEDIN FINE ARTS CULTURAL CENTER INC 1143 MICHIGAN BLVD DUNEDIN,FL34698	N/A	PC	Bid From the Heart at the DFAC Annual Garden Party	25,000
ECKERD YOUTH ALTERNATIVES INC 100 N STARCREST DR CLEARWATER,FL33765	N/A	PC	Grant for benefit of Strive Academy	5,000
HOMELESS EMERGENCY PROJECT INC 1120 N BETTY LN CLEARWATER,FL33755	N/A	PC	Charitable Event	25,000
HOMELESS EMERGENCY PROJECT INC 1120 N BETTY LN CLEARWATER,FL33755	N/A	PC	Charitable Event	10,000
MORTON PLANT MEASE HEALTH CARE FOUNDATION INC 1200 DRUID ROAD S CLEARWATER,FL33756	N/A	SO I	Charitable Event	10,000
MORTON PLANT MEASE HEALTH CARE FOUNDATION INC 1200 DRUID ROAD S CLEARWATER,FL33756	N/A	SO I	Grant for the Morton Plant Hospital COVID-19 Response Fund	20,000
PINELLAS COMMUNITY FOUNDATION 17755 US HWY 19 N STE 150 CLEARWATER,FL33764	N/A	PC	historical videography of the Kellogg Mansion for the benefit of the Dunedin History Museum	5,000
SEASIDE SEABIRD SANCTUARY 18328 GULF BLVD INDIAN SHORES,FL33785	N/A	PC	General & Unrestricted	40,000
SPECIAL OPERATIONS WARRIOR FOUNDATION PO BOX 89367 TAMPA,FL33689	N/A	PC	Charitable Event	10,000
THE ARC TAMPA BAY FOUNDATION INC 1501 N BELCHER RD STE 244 CLEARWATER,FL33765	N/A	PC	Power to the People Campaign	150,000
THE ARC TAMPA BAY FOUNDATION INC 1501 N BELCHER RD STE 244 CLEARWATER,FL33765	N/A	PC	Charitable Event	10,000
THE SALVATION ARMY 1424 NE EXPY NE BROOKHAVEN,GA30329	N/A	PC	Charitable Event	230,000
Total ................................. 3a				1,590,000

bApproved for future payment

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

Form 990-PF (2021)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	2,948
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	2,485,761
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aK-1 Inc/Loss			14	327,264
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				3,757,881

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

3,757,881

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2021)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Name of the organization

The Ruth & J O Stone Foundation

Employer identification number

82-3471315

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2021)

Schedule B (Form 990) (2021) Page 2

Name of organization The Ruth & J O Stone Foundation

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	Ruth P Stone Revocable Trust 312 Harbor View Lane Largo, GA33770	$ 6,401,012	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

Name of organization The Ruth & J O Stone Foundation		Employer identification number 82-3471315

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	FORD MOTOR COMPANY - 7.125% - 11/15/202 345370BN9, 50000 sh.	$ 57,375	2021-01-21
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	DISCOVER FINL SVCS MTN - 3.750% - 05/15 25472CAQ2, 100000 sh.	$ 106,899	2021-01-21
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	DISCOVER FINL SVCS SER INTERNOTES MTN - 25472CBM0, 50000 sh.	$ 54,107	2021-01-21
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	DISCOVER FINL SVCS SER INTERNOTES MTN 4 25472CBS7, 50000 sh.	$ 54,197	2021-01-21
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	ARES CAPITAL CORP BOND 4.62500% 03/01/2 04010LAW3, 50000 sh.	$ 53,515	2021-01-21
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	WELLS FARGO PF CL A WFC-A, 4000 sh.	$ 99,100	2021-03-10
Schedule B (Form 990) (2021)

Name of organization The Ruth & J O Stone Foundation		Employer identification number 82-3471315
Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	AIR LEASE CORP - PFD CLASS A AL-PA, 2000 sh.	$ 52,520	2021-03-10
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	BRIGHTHOUSE FN IN 5.375% BHFAN, 4000 sh.	$ 100,640	2021-03-10
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	BROOKFIELD - 4.635% - 10/16/2080 BAMH, 2000 sh.	$ 47,520	2021-03-10
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	DTE ENERGY JUNIOR SUBORDINATED DEBENTUR DTB, 4000 sh.	$ 100,120	2021-03-10
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	PRUDENTIAL FINL INC PFD DUE 09/01/2060 PFH, 4000 sh.	$ 100,500	2021-03-10
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	SOUTHERN CO CAL - 0.000% - 10/15/2060 SOJE, 4000 sh.	$ 97,880	2021-03-10
Schedule B (Form 990) (2021)

Name of organization The Ruth & J O Stone Foundation		Employer identification number 82-3471315
Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	US BANCORP 3.75% PFD SER L USB-PRQ, 2000 sh.	$ 47,960	2021-03-10
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	PUBLIC STORAGE DEP SER N PFD PSA-N, 4000 sh.	$ 99,720	2021-03-10
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	BROOKFIELD 5.125% PFD BIP-A, 4000 sh.	$ 101,280	2021-03-10
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 4


Name of organization The Ruth & J O Stone Foundation			Employer identification number 82-3471315
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2021)

Additional Data

Software ID:
Software Version:

- TIN:

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

TY 2021 DepreciationSchedule

Name:

The Ruth & J O Stone Foundation

EIN:

82-3471315

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income	Adjusted Net Income	Cost of Goods Sold Not Included

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

The Ruth & J O Stone Foundation

EIN:

82-3471315

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AMAZON INC - 2.100% - 05/12/20	29,162	29,418
BANK AMER CORP MTN - 2.884% -	28,577	27,906
CITIGROUP INC NOTE - 3.668% -	29,935	29,140
COMCAST CORP NOTE - 4.150% - 1	29,316	28,404
CVS CAREMARK CORP NOTE - 4.300	28,986	28,075
ENTERPRISE PRODUCTS OPERTATING	18,376	19,537
GOLDMAN SACHS - 3.800% - 03/15	29,674	28,648
JP MORGAN CHASE BANK - 4.203%	39,256	38,064
SHELL INT'L FINANCE - 2.875% -	30,101	29,716
UNIFORM MBS POOL #FM3098 - 3.5	7,214	7,110
UNIFORM MBS POOL #MA4084 4.000	20,880	20,790
UNIFORM MBS POOL #QA5381 - 3.0	354	349
UNIFORM MBS POOL #SD8004 3.000	29,471	29,125
UNIFORM MBS POOL #SD8065 - 4.5	32,538	32,071
UNIFORM MBS POOL #SD8086 4.000	41,937	41,780
UNIFORM MBS POOL - 3.000% - 02	49,087	48,755
VERIZON COMMUNICATIONS INC - 4	29,059	27,789
WELLS FARGO - 3.584% - 08/05/2	29,884	29,044

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

The Ruth & J O Stone Foundation

EIN:

82-3471315

Name of Stock	End of Year Book Value	End of Year Fair Market Value
3M CO	78,704	80,289
ABB LTD	14,956	20,421
ABBOTT LABS	176,078	225,747
ACCENTURE PLC	156,470	249,559
ACUSHNET HOLDINGS CORP	44,337	62,581
ADIDAS AG	5,653	4,608
ADOBE SYSTEMS, INC	55,898	68,047
ADVANCE AUTO PARTS INC	22,366	35,022
AFLAC INC	112,962	142,530
AGREE REALTY CORP	41,452	43,744
AIA GROUP LTD ADR	21,019	19,515
AIR PRODS & CHEM INC	114,344	133,570
AIRBUS GROUP	12,467	15,285
ALBANY INTERNATIONAL CORP	26,308	38,034
ALCON INC	22,951	31,102
ALIBABA GROUP HOLDING LTD	49,418	24,471
ALLETE INC	32,908	38,682
ALLIANZ FIXED INCOME SHARES SE	2,328,310	2,330,319
ALLIANZ FIXED INCOMESHARES SER	2,375,575	2,315,744
AMAZON COM	190,349	200,060
AMDOCS LIMITED	51,888	57,327
AMERICA MOVIL SA	5,295	6,206
AMERICAN TOWER REIT INC	94,904	108,225
AMGEN INC	152,825	149,380
ANALOG DEVICES INC	211,827	258,558
ANHEUSER BUSCH COS INC	14,144	12,352
AON PLC CL A	4,910	7,213
APPLE INC	403,673	595,747
APTIV PLC	23,155	39,918
ASAHI KAISAI CP ADR	7,242	7,272
ASML HOLDING NV NY REG SHS	41,264	75,633
ASSA ABLOY UNSP/ADR	3,715	4,703
ASSOCIATED BRITISH FOODS PLC	6,393	5,410
ASSURED GUARANTY LTD	19,981	38,001
ASTRAZENECA	22,409	23,824
ATLASSIAN CORP PLC	30,929	49,949
AUTOMATIC DATA PROCESSING INC	141,189	198,743
AVERY DENNISON CORP	32,072	51,977
AXA ADS	49,215	58,885
B&M EUROPEAN VALUE RETAIL SA A	8,391	9,674
BANCO BILBAO ARG SA	7,728	8,963
BANK OZK	37,235	67,887
BASF AG SPONS ADR	25,319	24,980
BECTON DICKINSON & CO	135,678	136,051
BEIGENE LTD	8,634	8,941
BIOMARIN PHARMACEUTICAL INC	19,820	23,413
BLACKROCK INC	157,591	202,339
BNP PARIBAS SPONS ADR	6,747	7,375
BRITISH AMERICAN TOBACCO PLC	61,115	61,315
BRUNSWICK CORP	46,140	65,475
CABLE ONE INC	66,953	63,484
CALRSBERG AS SP ADR REP B	16,100	19,027
CAMDEN PPTY TR	20,856	31,448
CATHAY GENERAL BANCORP	22,162	35,811
CHEVRON CORP	56,135	67,828
CHUBB LIMITED	124,072	159,287
CISCO SYSTEMS INC	169,785	213,620
CLOROX CO	96,944	89,098
COCA COLA EUROPEAN PARTNERS PL	80,843	87,251
COLGATE-PALMOLIVE COMPANY	71,946	79,281
COMCAST CORP	202,442	200,968
COMFORT SYSTEMS USA INC	10,039	19,095
COMPAGNIE FINANCIERE RICHEMONT	8,034	12,722
CONMED CORPORATION	43,120	60,815
COTERRA ENERGY INC	16,200	32,661
COUSINS PROPERTIES INC	13,108	13,454
CRANE CO	21,333	34,385
CULLEN FROST BANKERS INC	21,725	36,560
CVS CAREMARK CORP	67,625	87,789
DAIICHI SANKYO CO LTD SPONSORE	5,483	4,770
DAIKIN INDS LTD ADR	4,687	4,759
DBS GROUP HLDGS SPON ADR	9,780	11,878
DENTSPLY SIRONA INC	12,646	12,999
DEUTSCHE BOERSE ADR	40,580	41,209
DEUTSCHE POST AG	46,599	54,532
DEUTSCHE TELE AG ADS	46,901	41,925
DEXCOM, INC	16,400	24,163
DIAGEO PLC ADS	5,693	8,585
DIAMONDBACK ENERGY INC	16,483	37,640
DNB NOR ASA SPONSOR ADR	7,896	10,098
DONALDSON CO. INC	21,866	22,993
DSV UNSP ADR EACH REPR 0.5 ORD	6,108	8,451
DUKE ENERGY CO	29,579	31,995
EAST WEST BANCORP, INC	33,661	64,832
EASTGROUP PROPERTIES INC	37,577	59,469
EATON CORP PLC	35,351	39,230
EMERSON ELECTRIC CO	91,962	107,473
ENEL SOCIETA PER AZI	18,611	16,318
ENERGIZER HOLDINGS INC	31,704	27,870
ENGIE	12,129	13,139
ENPRO INDUSTRIES INC	15,498	23,665
EPIROC AB	8,228	9,587
EQUINIX, INC	33,337	39,754
ESSILOR INTL ADR	12,870	19,458
EVERSOURCE ENERGYINC	96,681	103,444
FEDERAL AGRICULTURAL MORTGAGE	15,976	26,273
FIDELITY NATIONAL FINANCIAL IN	44,765	64,651
FIDELITY NATIONAL INFORMATION	37,950	29,689
FLUTTER ENTMT PLC ADR	3,150	2,947
FOUR CORNERS PROPERTY TRUST IN	21,947	24,616
FULLER H B CO	13,962	21,384
GEN DYNAMICS CP	108,018	131,336
GENMAB A/S SPON	13,657	14,479
GIVAUDAN SA UNSP/ADR	12,875	16,156
GOLDMAN SACHS GROUP	51,271	51,262
GRAINGER W W INC	35,323	50,788
HAMILTON LANE INC	33,293	38,132
HASBRO INC	87,707	99,337
HDFC BANK LTD ADR	7,755	8,199
HERMES INTL 10 ADR	7,514	14,042
HOLLYFRONTIER CORP	15,995	21,438
HOME DEPOT INC	37,419	60,591
HONEYWELL INTL	35,231	34,613
HONG KONG EX&CL UNSP/ADR	8,552	9,421
HOYA CORP SPONS ADR	7,264	10,470
HUBBELL INCORPORATED	29,151	38,322
HUNTINGTON INGALLS INDUSTRIES	20,137	23,529
HUNTSMAN CORP	26,705	40,531
HUTCHINSON CHINA MEDITECH LTD	4,791	5,157
IBERDROLA ADR	11,639	11,094
IDACORP INC HLDG CO	29,964	33,880
IHS MARKIT LTD	28,784	46,655
ILLINOIS TOOL WORKS	156,794	193,244
INDUSTRIA DE DISENO	12,724	12,434
ING GROUP N V SPONSORED ADR	57,251	58,102
INGREDION INC	35,311	41,748
INT'L FLAVORS & FRAGRANCES INC	46,605	54,234
INTERPUBLIC GROUP OF COS	12,238	22,545
INTUITIVE SURGICAL	31,454	33,774
INVESCO BALANCED-RISK COMMODIT	1,287,245	1,238,344
INVESCO OPPENHEIMER DEVELOPING	2,467,973	2,045,751
JAMES RIVER GROUP HOLDINGS LTD	26,355	16,364
JARDINE MATHESON UNS/ADR	3,661	4,368
JOHNSON & JOHNSON	254,335	273,712
JP MORGAN CHASE	248,161	286,455
KERING UNSPON ADR EA REPR 0.1	16,130	19,966
KEYENCE CORPORATION,FIRST SECT	21,370	31,105
KINSALE CAPITAL GROUP INC	12,920	14,511
KON KPN NV SPON ADR REP 1 ORD	4,304	4,688
KONINKLIJKE PHILIPS ELECTRONIC	6,235	5,085
L'AIR LIQUIDE ADR OTC	8,297	8,962
L'OREAL ADR	17,212	20,611
L3HARRIS TECHNOLOGIES	140,119	146,283
LCI INDUSTRIES	46,233	59,854
LEIDOS HOLDINGS INC	17,944	17,158
LINCOLN ELECTRIC HOLDING INC	29,075	39,052
LINDE PLC COM	136,124	182,915
LITTELFUSE, INC	33,705	52,552
LOCKHEED MARTIN CORP	91,841	90,630
LONDON STK EXCHANGE GROUP	22,191	17,834
LOWES COMPANIES INC	295,273	433,729
LVMH MOET HENN UNSP	31,103	42,203
M.D.C. HLDGS	27,901	28,697
MANTECH INTERNATIONAL CORP	9,099	8,460
MCDONALD'S CORP	99,131	121,704
MEDICAL PROPERTIES TRUST, INC	35,246	41,920
MEDTRONIC PLC	187,734	169,244
MERCADOLIBRE, INC	10,549	10,787
MERCK & CO INC	84,275	85,454
MESA LABORATORIES	15,235	17,389
META PLATFORMS INC	121,297	152,367
MICROSOFT CORP	645,231	906,719
MKS INSTRUMENTS, INC	55,048	71,932
MONDELEZ INTERNATIONAL INC	55,242	63,127
MONOLITHIC POWER SYSTEMS, INC	24,532	35,520
MONSTER BEVERAGE CORP	34,313	41,489
MOTOROLA SOLUTIONS INC	29,236	33,963
MSA SAFETY INCORPORATED	28,458	31,551
MURATA MFG INC UNSP/ADR	4,494	5,546
NESTLE S.A	70,151	84,082
NETEASE.COM INC COM STK	4,693	4,071
NETFLIX INC	57,037	59,642
NEXTERA ENERGY, INC	245,258	314,063
NICE SYSTEMS LTD	4,504	4,858
NIDEC CORPORATION ADR	6,654	8,617
NIKE INC-CL B	168,937	210,504
NISOURCE INC	28,034	30,537
NOKIA	4,947	5,455
NORDEA BANK ABP	56,151	56,627
NORDSON CP	36,207	45,438
NORFOLK SOUTHERN CORP	158,425	209,588
NOTORI HOLDINGS	9,545	7,148
NOVARTIS AG ADR	69,820	72,513
NOVO NORDISK A S	21,420	35,056
NVENT ELECTRIC PLC	23,472	41,420
NVIDIA CORP	50,645	112,056
NXP SEMICONDUCTORS	22,485	33,028
ORGANON & CO	14,523	12,819
ORIX CORP ADS	30,865	36,132
ORSTED A S	5,599	4,828
PACKAGING CORP AMER	23,525	28,864
PALO ALTO NETWORKS INC	31,088	62,914
PAPA JOHNS INTL INC	19,476	28,963
PAYCHEX	123,718	184,412
PAYPAL HOLDINGS, INC	29,786	29,984
PEPSICO INC	110,223	133,062
PERNOD-RECARD SA	6,239	8,436
PHIBRO ANIMAL HEALTH CORP	8,480	8,331
PHILIP MORRIS INTL	38,876	39,995
PHILLIPS 66	122,685	122,892
PPG INDUSTRIES INC	74,921	83,978
PROCTER GAMBLE CO	188,891	230,648
PRUDENTIAL HIGH YIELD FUND, IN	1,868,701	1,984,185
PUBLIC SVC ENTERPRISE GROUP IN	31,845	36,101
QUALCOMM INC	52,684	73,148
RAYMOND JAMES FINANCIAL INC	32,391	49,296
RAYTHEON TECHNOLOGIES CORP	79,368	96,473
RECKITT BENCKISER GROUP	52,774	54,180
RECRUIT HOLDINGS CO	7,858	10,182
RELX PLC	12,375	15,751
RESTAURANT BRANDS INTL	44,217	42,719
RIO TINTO PLC SPONSORED ADR	3,114	3,213
ROCHE HOLDING LTD ADR	49,451	57,221
RPM INTERNATIONAL INC	110,562	141,501
SAFRAN SA - UNSPON ADR	16,831	16,519
SALESFORCE.COM	83,305	86,912
SANOFI-AVENTIS SPONSORED ADR	30,599	31,162
SAP AKTIENGESELL ADS	48,570	47,778
SEA LTD	27,169	25,727
SELECT MEDICAL	28,248	23,344
SERVISFIRST BANCSHARES INC	24,631	51,389
SHIN-ETSU CHEMICAL C	11,771	15,848
SHIONOGI & CO LTD	9,124	11,768
SIEMENS AG	72,515	80,278
SMC CORP	14,187	16,969
SMITH & NEPHEW PLC ADR	37,413	34,724
SNAP ON INC	59,005	72,368
SPLUNK INC	40,526	32,633
STANLEY BLACK & DECKER INC	48,072	49,607
STERIS PLC	25,552	35,051
STMICROELECTRONICS	11,440	13,882
STORE CAPITAL CORPORATION	33,789	39,560
STRAUMANN HLDG	7,152	14,148
SUMITOMO MITSUI FINCL GRP	47,855	48,773
TAIWAN SEMICONDUCTOR MFG CO LT	24,676	32,604
TAKEDA PHARMACEUTICAL COMPANY	42,506	34,116
TARGA RESOURCES CORP	14,106	36,150
TARGET CORPORATION	152,769	193,715
TC ENERGY CORPORATION	86,030	83,353
TENCENT HOLDINGS LIMITED	14,902	12,126
TERRENO RLTY CORPCOM	40,010	53,477
TFI INTERNATIONAL	5,515	11,772
THE COCA-COLA CO	73,873	84,789
THERMO FISHER SCIENTIFIC INC	40,299	70,060
TIMKEN CO COM	29,498	32,774
TJX COMPANIES INC	68,714	74,933
TOKYO ELECTRON LTD	32,529	47,199
TOTALENERGIES SE	74,508	81,164
TRACTOR SUPPLY CO COM	23,485	33,404
TRUMY	5,216	5,658
UBER	56,199	52,454
UIPATH ORD SHS CLASS A	22,854	15,958
ULTA SALON, COSMETICS & FRAGRA	26,734	42,059
UNICHARM CORP - SPN ADR	5,573	5,624
UNILEVER PLC AMER	69,452	67,022
UNION PACIFIC	40,871	50,638
UNITED PARCEL SERVICE	41,020	61,730
UNITEDHEALTH GROUP INC	207,825	291,743
US BANCORP	94,558	104,083
USD CYRUSONE INC	9,917	12,561
V F CORP	99,612	102,288
VANGUARD MID-CAP ETF	2,690,755	3,293,411
VANGUARD RUSSELL 2000 ETF	581,608	774,970
VANGUARD S&P 500 ETF	1,942,890	2,536,034
VERIZON COMMUNICATIONS	63,744	59,910
VINCI SA ADR	52,543	53,857
VISA INC	92,552	98,386
WAL-MART STORES INC	118,527	125,736
WALT DISNEY HOLDINGS CO	30,367	37,174
WASHINGTON TRUST BANCORP INC	12,492	19,279
WD-40 COMPANY	11,165	12,477
WEC ENERGY GROUP, INC	117,257	122,211
WESTERN ASSET SMASH SERIES C F	186,933	187,414
WESTERN ASSET SMASH SERIES EC	536,090	525,393
WESTERN ASSET SMASH SERIES M F	264,588	253,799
WILEY JOHN & SONS INC CL A	7,001	10,595
WILLIAMS COS	82,972	87,677
WORKDAY INC	33,061	37,152
ZOETIS INC	42,700	71,501

- TIN:

TY 2021 InvestmentsGovtObligationsSch

Name:

The Ruth & J O Stone Foundation

EIN:

82-3471315

US Government Securities - End of Year Book Value:

5,593,023

US Government Securities - End of Year Fair Market Value:

5,450,806

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

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

- TIN:

TY 2021 OtherExpensesSchedule

Name:

The Ruth & J O Stone Foundation

EIN:

82-3471315

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Administrative Fees	60,575		60,575
Bank Charges	1,341	1,341
Office Supplies	68		68
Postage/Delivery Service	125		125
State or Local Filing Fees	25		25

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

The Ruth & J O Stone Foundation

EIN:

82-3471315

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
K-1 Inc/Loss RUTH PAYNE STONE REVOCABLE TRUST	327,264	302,850

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

The Ruth & J O Stone Foundation

EIN:

82-3471315

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment Management Services	272,911	272,911

- TIN:

TY 2021 TaxesSchedule

Name:

The Ruth & J O Stone Foundation

EIN:

82-3471315

Category	Amount	Net Investment Income
990-PF Estimated Tax for 2021	23,700
990-PF Excise Tax for 2019	8,677
990-PF Excise Tax for 2020	24,729
990-PF Extension for 2020	2,820
Foreign Tax Paid	6,030	6,030