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
DARREN AND TERRY JACKSON FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1313 N FRANKLIN PL 2006
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI53202
A Employer identification number

20-5941634
B Telephone number (see instructions)

(651) 698-0198
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$11,336,653
J 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... 122,685 122,685  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,627,982
b Gross sales price for all assets on line 6a 7,125,393
7 Capital gain net income (from Part IV, line 2)... 1,627,982
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,750,667 1,750,667  
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)......... 200 0   200
b Accounting fees (attach schedule)....... 5,775 2,888   2,887
c Other professional fees (attach schedule).... 90,300 90,300   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 3,593 3,593   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 725 0   725
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 100,593 96,781   3,812
25 Contributions, gifts, grants paid....... 520,000 520,000
26 Total expenses and disbursements. Add lines 24 and 25 620,593 96,781   523,812
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,130,074
b Net investment income (if negative, enter -0-) 1,653,886
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......... 863,499 316,433 316,433
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)      
b Investments—corporate stock (attach schedule)....... 6,227,106 Click to see attachment7,897,588 9,897,925
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,020,540 Click to see attachment1,120,420 1,120,420
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment4,179 Click to see attachment1,875 Click to see attachment1,875
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,115,324 9,336,316 11,336,653
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........ 890,989 890,989
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 7,224,335 8,445,327
29 Total net assets or fund balances (see instructions)..... 8,115,324 9,336,316
30 Total liabilities and net assets/fund balances (see instructions). 8,115,324 9,336,316
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
8,115,324
2
Enter amount from Part I, line 27a .....................
2
1,130,074
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
99,880
4
Add lines 1, 2, and 3 ..........................
4
9,345,278
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
8,962
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,336,316
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 PUBLIC TRADED SECURITIES P    
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 6,978,535   5,497,411 1,481,124
b 146,858     146,858
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       1,481,124
b       146,858
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 1,627,982
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 22,989
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 22,989
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 23,758
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 23,758
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 769
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet769 RefundedBullet 11 0
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN, WI
    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 ofbulletDARREN JACKSON Telephone no.bullet (651) 698-0198

    Located atbullet1313 N FRANKLIN PL 2006MILWAUKEEWI ZIP+4bullet53202
    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)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DARREN R JACKSON PRESIDENT
    1.00
    0 0 0
    1313 N FRANKLIN PL 2006
    MILWAUKEE,WI53202
    THERESA A JACKSON TREASURER
    0.50
    0 0 0
    1313 N FRANKLIN PL 2006
    MILWAUKEE,WI53202
    RYAN D JACKSON DIRECTOR
    1.00
    0 0 0
    1313 N FRANKLIN PL 2006
    MILWAUKEE,WI53202
    BRIDGET C JACKSON DIRECTOR
    1.00
    0 0 0
    1313 N FRANKLIN PL 2006
    MILWAUKEE,WI53202
    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
    MORGAN STANLEY INVESTMENT MANAGEMENT FEES 90,300
    345 SAINT PETER ST SUITE 1800
    ST PAUL,MN55102
    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
    10,511,385
    b
    Average of monthly cash balances.......................
    1b
    716,508
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,227,893
    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
    11,227,893
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    168,418
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    11,059,475
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    552,974
    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
    552,974
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    22,989
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    22,989
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    529,985
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    529,985
    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
    529,985
    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 7 529,985
    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...... 807,270
    b From 2017...... 124,628
    c From 2018...... 360,300
    d From 2019...... 982,161
    e From 2020...... 1,197,772
    f Total of lines 3a through e ........ 3,472,131
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 523,812
    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..... 523,812
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 6,173 6,173
    (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 3,465,958
    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) ...
    801,097
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......
    2,664,861
    10 Analysis of line 9:
    a Excess from 2017.... 124,628
    b Excess from 2018.... 360,300
    c Excess from 2019.... 982,161
    d Excess from 2020.... 1,197,772
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    DARREN R JACKSON
    THERESA A JACKSON
    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
    MARQUETTE UNIVERSITY
    1250 WEST WISCONSIN AVENUE PO BOX
    1881
    MILWAUKEE,WI532011881
    NONE PC GENERAL OPERATING; NURSING FEASIBILITY STUDY; BLUE AND GOLD ATHLETIC SCHOLARSHIP 510,000
    MINNESOTA COLORECTAL CANCER RESEARCH FOUNDATION
    2294 STANFORD CT
    SAINT PAUL,MN55105
    NONE PC GENERAL OPERATING 5,000
    STUDIONE-EIGHTY
    2924 4TH AVENUE SOUTH
    MINNEAPOLIS,MN55403
    NONE PC GENERAL OPERATING 5,000
    Total .................................bullet 3a 520,000
    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 1,627,982  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 1,750,667 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,750,667
    (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:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEES 5,775 2,888   2,887

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMERICAN NEW WORLD F2 508,941 491,080
    AMG YACKTMAN FOCUSED 545,557 594,766
    ARTISAN MID CAP ADV (APDMX) 386,401 361,328
    BMY MELLON NATURAL RES 304,753 477,403
    CALVERT US LGCP CR RESP IDCI 541,656 667,004
    HARTFORD SCHRODERS INL STKI 523,742 536,693
    JPMORGAN EMERCING MKTS EQ I 510,043 496,670
    PGIM HIGH YIELD 361,461 358,543
    PGIM JENINTL OPPORTUNITIES Z 515,785 545,450
    TOUCHSTONE MD CAP Y 342,602 375,338
    TOUCHSTONE SNDS CP EM MKT GR Y 554,023 479,191
    2U INC COM (TWOU) 5,891 3,031
    ABBOIL UBORATORIES (ALL) 8,113 9,570
    ABBVIE INC COM (ABIM 8,432 10,020
    ABOIMED INC 1,339 2,873
    ACCENTURE PLC IREL.AND CL A (ACN) 6,605 10,778
    ADIDAS AG 1,812 1,728
    ADOBE INC (ADBE) 36,175 43,664
    ADVANCED MICRO DEVICES 5,487 16,117
    AFFIRM HLDGS INC CL A (AFRM) 1,817 1,307
    AGILENT TECHNOLOGIES 1,486 1,916
    AIA GROUP LTD SPON ADR 4,086 7,904
    AIR LIQUIDE ADR (AIQUY) 3,439 3,731
    AIR PROD & CHEM INC 1,001 2,130
    AIRBUS SE UNSPONSORED ADR 5,261 6,159
    ALARM COM HLDGS INC COM (AL.RM) 10,059 8,651
    ALCON INC 10,775 13,939
    ALIGN TECHNOLOGY 6,948 9,201
    ALLEGION PUB LTD CO (ALLE) 8,975 10,330
    ALPHABET INC CL C 23,103 43,404
    ALPHABETINCCLA(GOOGL) 19,152 31,867
    AMEDISYS INC (AMED) 13,975 9,713
    AMEREN CORP (HLDG CO) (AEE) 3,626 4,361
    AMERICA MOVIL SA DE CY ADR L <MOO 1,831 2,217
    AMERICAN ELEC PWR CO INC (AEP) 3,582 4,004
    AMERICAN TOWER CORP(AMT) 19,429 26,033
    AMERIPRISE FINCL INC 11,819 17,195
    AMGEN INC 16,393 15,073
    AMN HEALTHCARE SVCS(AMN) 4,368 7,217
    AMPHENOL CORP NEW CL A 1,686 5,772
    ANALOG DEVICES INC 20,553 22,674
    ANHEUSER BUSCH INBEV SPON(BUD) 5,530 4,723
    ANSYS INC 32,744 48,134
    AON PLC CL A 1,783 4,809
    APPLE INC 20,222 54,692
    ARCH CAPITAL GROUP 2,497 3,689
    ARES MANAGEMENT CORP ADR 1,472 1,950
    ASAHI KAISEI CORP ADR 2,892 2,612
    ASML HOLDING NV NY REG NEW 7,620 23,884
    ASPEN TECHNOLOGY INC 13,442 14,307
    ASSA ABLOY AB UNSP ADR 1,666 2,061
    ASSOC BRITIS FDS PLC ADR-NEW 2,699 2,197
    ASTRAZENECA PLC ADR 8,206 9,320
    AT&T INC 3,295 2,878
    AUTODESK INC DELAWARE 7,562 25,869
    AUTOMATIC DATA PROCESSIN INC 5,333 8,137
    AUTOZONE INC 15,072 16,771
    AVALARA INC 8,304 7,488
    AVALONBAY COMM INC 2,681 4,041
    AVERY DENNISON CORPORATION 3,230 4,331
    B&M EUROPEAN VALUE RET SA ADR 3,372 3,835
    BANCO BILBAO VIZ ARG SA ADS 3,320 3,810
    BANK OF AMERICA CORP 12,663 16,995
    BECTON DICKINSON & CO (BOX) 4,577 4,527
    BEIGENE LTD 4,415 3,522
    BERKLEY W R CORP 10,457 13,100
    BEST BUY CO 2,741 2,438
    BIO RAD LAB A(BIO) 11,299 14,356
    BIOGEN INC COM 3,061 2,639
    BLACK KNIGHT INC 3,063 9,035
    BLACKLINE INC 9,178 7,558
    BLACKROCK INC 5,143 6,409
    BLACKSTONE INC 8,282 16,821
    BLOCK INC CL A 9,219 15,989
    BNP PARIBAS SP ADR REPSTG(BNPQY) 2,672 2,992
    BRIGHT HORIZONS FAMILY SOLUT 12,182 10,070
    BRISTOL MYERS SQUIBB CO 4,120 3,928
    BROADCOM INC 7,801 19,296
    BROOKFIELD ASSET MGNT CL A LTD 7,191 18,959
    BROOKFIELD INFRASTURE SB VTG A 5,071 7,372
    BROWN & BROWN INC 2,695 7,449
    BROWN FORMAN CORP CL B 462 947
    CADENCE DESIGN SYSTEM 14,000 19,380
    CAPITAL ONE FINANCIAL CORP 19,184 23,214
    CARLSBERG AS 6,457 7,430
    CARMAX INC 5,581 13,414
    CARVANA CO CL A 3,258 3,940
    CBRE GROUP INC CL A 1,913 6,945
    CDW CORPORATION 10,849 16,587
    CERTARA INC 6,297 5,059
    CHARLES RIVER LABS INTL INC 20,280 27,882
    CHARLES SCHWAB NEW 4,352 10,765
    CHEMED CORPORATION 8,961 8,994
    CHEVRON CORP 7,969 9,623
    CHIPOTLE MEXICAN GRILL INC COM 4,794 13,986
    CHUBB LTD 14,273 17,785
    CINCINNATI FINANCIAL OHIO 11,826 14,469
    CISCO SYS INC 6,207 15,209
    CME GROUP INC 6,303 7,539
    CMS ENERGY CP 2,774 3,122
    COCA COLA CO(KO) 18,427 21,730
    COGNEX CORP 5,572 5,988
    COLFAX CORP 583 919
    COMCAST CORP (NEW) CLASS A 9,875 13,287
    COMMERCE BANCSHARES(CBSH) 7,926 8,111
    COMPAFE FINRECHEMONTAG ADR 3,248 5,218
    CONOCOPHILLIPS 2,138 4,836
    CONSTELLATION BRANDS INC CL A 8,802 9,286
    COOPER CO INC NEW 12,737 14,244
    COPART INC 9,583 26,534
    CORTECA INC 18,013 18,297
    COSTAR GROUP INC 14,841 20,864
    COTERRA ENERGY INC 10,717 10,735
    CREDIT ACCEPTANCE CORP 1,633 4,126
    CREE RESEARCH INC 175,542 783,370
    CROWN CASTLE CORP 17,640 22,126
    CULLEN FROST BANKERS INC 9,154 11,851
    CUMMINS INC 5,473 5,017
    DAIICH SANKYO CO LTD SPON ADR 2,834 2,168
    DANAHER CORPORATION(DHR) 39,064 54,616
    DBS GROUP HOLDINGS LTD SP 4,104 4,868
    DEERE & CO 17,583 19,545
    DEUTSHE BOERSE AG UNSPON ADR 1,791 1,844
    DEXCOM INC 660 4,833
    DIAGED PLC SPON ADR NEW 2,361 3,302
    DIGITAL REALTYTRUST INC(DLR) 5,715 7,429
    DNB ASA ADR 3,388 3,970
    DOLLAR GEN CORP NEW COM 3,301 4,952
    DOMINOS PIZZA INC 3,338 7,336
    DTE ENERGY COMPANY 2,410 2,749
    DUCK CREEL TECHNOLOGIES INC 8,379 4,848
    DYNATRACE INC 10,795 14,906
    EAST WEST BANCORP 5,490 7,003
    EBAY INC 4,697 5,653
    ECOLAB INC 26,078 27,916
    EDWARD LIFESCIENCES CORP 11,880 17,619
    ELANCO ANIMAL HEALTH INC 21,370 19,355
    ELI LILLY & CO(LLY) 7,269 10,496
    ENEL SOCIETA PER AZIONI ADR 8,041 6,066
    ENGIE SPONS ADR 4,177 4,582
    ENPHASE ENERGY 7,095 7,135
    ENTERGY CORP NEW 2,850 2,816
    EOG RESOURSES INC 3,630 5,330
    EPIROC AKTIEBOLAF ADR 3,575 3,709
    EQUIFAX INC(EFX) 12,847 19,324
    EQUITY LIFESTLE PROPERTIES 5,873 8,678
    ESSLORLUXOTTICA ADR 5,509 7,804
    ESTEE LAUDER CO INC CL A 3,815 8,515
    ETSY INC COM 18,358 19,705
    EVERSOURCE ENERGY COM 3,819 4,003
    EXACT SCIENCES CORP 1,362 1,401
    EXPONENT INC 12,046 14,825
    EXTRA SPACE STORAGE INC 2,811 5,442
    EXXON MOBIL CORP 5,792 6,058
    FAIR ISAAC&CO INC 6,771 6,071
    FIDELITY NATIONAL FINANCIAL IN 477 991
    FIRST REPUBLIC BANK 1,187 2,891
    FIVE BELOW (FIVE) 12,184 13,241
    FIVE.9 INC COM (FIVN) 5,614 5,218
    FIVERR IN 5,713 2,729
    FLUTTER ENTMT PLC ADR 1,635 1,274
    FORTIVE CORP (FTV) 14,600 15,868
    FREEPORT-MCMORAN CL-B 7,311 8,638
    GARTNER INC 2,104 5,015
    GENL DYNAMICS CORP 9,395 12,716
    GENMAB A S ADR 6,369 5,696
    GIVAUDAN SA ADR 4,710 6,190
    GLOBANT SA 11,720 17,275
    GODADDY INC 8,830 9,250
    GRAND CANYON ED INC COM 9,794 9,257
    GRID DYNAMICS HLDGS CLA 4,648 5,544
    GUIDEWIRE SOFTWARE INC 11,183 13,737
    HDFC BANK LTD ADR 3,892 3,449
    HEICO CORP CLASS A 5,322 7,197
    HEICO CORP NEW 9,879 10,528
    HERMES INTL 3,422 5,617
    HERSHEY COMPANY 2,707 3,482
    HILTON WORLDWIDE HLDS INC 5,541 12,635
    HLTH CARE SVC 6,142 3,736
    HOME DEPOT INC 13,679 34,861
    HONEYWELL INTERNATION INC 25,191 23,979
    HONG KONG EXCHANGES & CLEARING 3,857 3,792
    HOWARD HUGHES CORP 3,704 3,562
    HOYA CORP SPONS ADR 3,510 3,889
    HUBSPOT, INC 4,334 5,273
    HUTCHISON CHINA LTD 2,103 2,140
    HYATT HOTELS CORP COM CL A 1,659 2,493
    IBEDROLA SA SPAN ADR 4,366 3,777
    IDEXX LABS 11,700 26,997
    INDUSTRIA DE DISNO TEXTIL IND 4,693 4,581
    INERACTIVE BROKERS CROUP CL A 10,460 12,072
    ING. GROEP NV ADR (ING) 1,730 2,004
    INTL BUSINESS MACHINES COPR 4,537 4,945
    INTUITIVE SURGICAL INC 2,464 8,623
    ITUIT INC 22,244 35,377
    JACK HENRY & ASSOC INC 9,998 10,854
    JOHNSON & JOHNSON 12,733 20,186
    JOHNSON CTLS INTL PLC 13,015 20,571
    JPMORGAN CHASE & CO 17,080 19,477
    KENNEDY-WILSON HLDGS INC COM 509 931
    KERING S AADR NEW 6,455 7,648
    KEYENCE CORP 11,550 13,181
    KLA CORPORATION 6,656 9,462
    KORNIT DIGITAL LTD 8,124 12,485
    L OREAL CO ADR 4,536 7,538
    LAM RESEARCH CORPORATION 5,831 15,821
    LENNAR CORPORATION 12,750 30,550
    LENNOX INTL 9,523 11,028
    LIBERTY BROADBAND CORP S-A 1,370 2,414
    LIBERTY BROADBAND CORP S-C 2,886 8,377
    LIBERTY MEDIA CORP SER A 660 1,424
    LIBERTY MEDIA CORP SER C 2,645 5,122
    LINDE PLC 3,311 7,261
    LIVE NATION ENTERTAINMENT INC 3,889 9,575
    LOCKHEED MARTIN CORP 4,866 4,976
    LONDON STK EXCHANGE GROUP ADR 7,738 7,006
    LOWE COMPANIES INC 8,132 11,890
    LPL FINL HLDGS INC COM 10,670 12,007
    LVMH MOET HENNESSY LOUIS VUITT 2,972 4,138
    MARKETL CORP 6,986 9,872
    MARSH & MCLENNAN COS INC 8,226 12,515
    MARTIN MARIETTA MATERIALS 10,729 24,229
    MARVELL TECHNOLOGY GROUP LTD 11,625 19,773
    MATCH GROUP INC 1,071 3,835
    MC DONALDS CORP 5,668 6,970
    MEDTRONIC PLC 22,718 20,069
    MERCADOLIBRE INC 932 8,090
    MERCK & CO IN NEW COM 5,646 8,660
    META PLATFORM INC CL A 7,240 16,481
    METTLER TOLEDO INTL 2,780 8,486
    MICHELIN COMPAGNIE GENERALE DE 14,178 15,346
    MICROCHIP TECHNOLOGY INC 12,017 26,640
    MICROSOFT CORP 31,076 127,802
    MIDDLEBY CORP DEL 3,550 5,116
    MODERNA INC 110 2,286
    MONDELEZ INTL INC COM 2,330 3,979
    MONOGODB INC CL A 3,880 4,235
    MONOLITHIC PWR SYSTEMS INC 13,580 17,760
    MONSTER BEVERAGE CORP NEW COM 4,536 7,299
    MOODYS CORP 948 3,906
    MORGAN STANLEY 12,875 17,276
    MSCI INC COM 14,541 42,888
    MURATA MANUFACTURING CO LTD 2,654 2,195
    NATL INSTRUMS CP 4,952 4,716
    NEOGEN CP 5,835 6,357
    NESTLE SPON ADR REG SHR 4,299 8,422
    NETEASE COM INC ADS 2,261 1,934
    NEXTER ENERGY INC 5,758 6,442
    NICE LTD ADR 1,702 1,822
    NIDEC CORP 2,786 2,833
    NIKE INC B 13,051 15,334
    NITORI HLDGS CO LTD ADR 3,787 2,779
    NORDSON SP 12,191 15,316
    NORTHERN TRUST CORP 6,081 7,535
    NORTHROP GRUMMAN CP 5,598 8,128
    NOVO NORDISK A/S ADR 8,010 13,216
    NVIDIA CORPORATION 18,468 38,528
    OAK STREET HEALTH INC 6,195 3,513
    OLLIES BARCAIN OUTLET HLDG INC 7,053 3,839
    ORACLE CORP 7,682 8,285
    O'REILLY AUTOMOTIVE INC NEW 4,050 12,712
    ORSTED A/S UNSP ADR 2,056 1,752
    ORTHOPEDIARICS CORP 2,957 4,190
    PACKAGING CORP AMER 2,704 2,587
    PARKER HANNIFN CORP 21,434 23,859
    PAYCOM SOFTWARE INC 9,765 9,965
    PAYLOCITY HOLDING CORPORATION 7,547 10,155
    PAYPAL HLDGS INC COM 3,312 16,218
    PEGASYSTEMS INC 10,390 8,610
    PEPSICO INC 7,335 9,033
    PERMETER SOLUTIONS SA 1,718 1,820
    PERNOD RICARD SA ADR 2,485 3,200
    PHILLIPS 66 COM 7,483 7,463
    PNC FINL SVCS GP 21,445 27,672
    POOL CORP 13,287 20,942
    PPG INDUSTIES INC 2,657 2,759
    PROCTER & GAMBLE 24,381 29,444
    PROGRESSIVE CORP OHIO 1,084 2,977
    PROTO LABS 4,304 1,284
    QUALCOMM INC 11,064 21,030
    QUALTRICS INTERNATIONAL (XM) 1,114 956
    RECKITT BENCKISER PLC 4,617 4,743
    RECRUIT HOLDINGS CO LTD.ADR 2,961 3,983
    REGENERON PHARMACEUTICALS INC 2,490 5,052
    RELXPLC SPONSORED ADR 4,735 5,902
    RIO TINTO PLC SPON ADR 1,925 1,606
    RITCHE BROTHERS AUCTIONEERS 10,667 10,712
    ROCHE HOLDINGS ADR 4,491 9,419
    ROLLINS NC 14,623 13,410
    ROPER TECHNOLOGIES, INC 3,230 8,362
    ROSS STORES INC 1,369 2,514
    ROYAL KPN NV SPONS ADR 1,929 1,864
    RPM INC 13,757 16,059
    SAFRAM SA 7,517 6,669
    SAP AG 5,942 6,305
    SBA COMMUNICTNS CORP NEW CL A 2,903 11,671
    SEAGAN INC 4,349 5,720
    SERVICENOW INC 5,187 18,175
    SHERWIN WILLIAMS COMPANY OHIO 2,787 8,452
    SHIONOGI & CO LTD UNSPONS ADR 3,751 4,770
    SHN ETSU CHEM CO LTD ADR 6,153 5,905
    SITEONE LANDSCAPE SUPPLY INC 13,974 19,625
    SMC CORP COMMON 5,895 6,064
    SNAP INC CL A 2,298 5,550
    SONY GROUP CORPORATION ADR 17,424 21,488
    STARBUCKS CORP WASHINGTON 11,198 12,749
    STMICROELECTRONICS NV 3,773 4,595
    STRAUMANN HLDG AG ADR 3,013 5,616
    SUMMIT MATLS INC CL A 1,145 3,091
    SUN COMMUNITIES INC 5,844 8,819
    SVB FNCL GRP 6,630 8,139
    SYNOPSYS INC 2,238 7,739
    T ROWE PRICE GROUP INC 6,026 7,472
    TAIWAN SMCNDCTR MFG CO LTD ADR 3,909 11,911
    TAPESTRY INC 5,715 5,765
    TARGET CORPORATION 11,712 13,886
    TE CONNECTIVITY LTD 4,867 6,131
    TELEDYNE TECH INC 5,066 5,243
    TENCENT HLDS LTD UNSPON ADR 3,472 4,664
    TERADYNE INC 16,762 19,950
    TERUMO CORP ADR UNSPONS ADR 1,829 1,987
    TESLA INC 4,490 22,192
    TEXAS INSTRUMENTS 8,819 17,904
    TFI INTL INC 1,820 3,924
    THE ENSIGN GROUP INC 5,460 4,870
    THE SCOTTS MIRCLE- GRO COMPANY 24,592 17,871
    THOR INDUSTIES INC 12,582 12,348
    TIX COS INC NEW 2,674 3,037
    TOKYO ELECTION LTD UNSPON ADR 1,778 2,878
    TRANE TECHNOLOGIES PLC 15,008 18,587
    TRANSDIGM GROUP INC 5,250 15,271
    TRANSUNION 3,536 6,640
    TWITTER INC 11,568 10,761
    TYLER TECHOLOGIES INC 18,530 25,284
    TYSON FOODS INC CL A 8,371 11,244
    UNICHARM CORP UNSPON ADR 2,187 1,979
    UNION PACFIC CORP 14,224 16,627
    UNITED PARCEL SER INC 7,317 9,217
    US BANCORP COM NEW 6,549 7,527
    VAIL ENERGY CP 2,784 2,779
    VAIL RESORTS 5,414 6,230
    VERISIGN INC 2,563 7,868
    VERISK ANALYTICS INC COM 29,193 42,544
    VESTAS WIND SYSTEMS ADS 5,756 6,391
    VIMEO INC 4,742 1,976
    VISA INC CL A 21,973 23,621
    VULCAN MATERIALS CO 5,852 11,832
    WASTE MGMT INC 5,948 8,679
    WATSCO INC 4,043 5,319
    WEC ENERGY GROUP INC COM 4,631 5,145
    WEST PHARMACEUTICAL SVCS INC 23,917 37,521
    WIX COM LTD 4,574 5,838
    WORKDAY INC CL A 8,227 10,831
    XCEL ENERGY 4,185 4,401
    XYLEM INC 14,272 16,669
    ZEBRA TECH CL -A 16,424 23,808

    TY 2021 InvestmentsOtherSchedule2
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    LIFE INSURANCE FMV 1,120,420 1,120,420

    TY 2021 LegalFeesSchedule
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES 200 0   200


    TY 2021 OtherAssetsSchedule
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE 3,884 1,580 1,580
    OTHER RECEIVABLES 295 295 295


    TY 2021 OtherDecreasesSchedule
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Description Amount
    BROKER ADJUSTMENTS TO BASIS 8,962


    TY 2021 OtherExpensesSchedule
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MEMBERSHIP FEES 725 0   725


    TY 2021 OtherIncreasesSchedule
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Description Amount
    UNREALIZED CHANGE IN FMV OF LIFE INSURANCE 99,880


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 90,300 90,300   0


    TY 2021 TaxesSchedule
    Name:
    DARREN AND TERRY JACKSON FOUNDATION INC
    EIN:
    20-5941634
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 3,593 3,593   0