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
J C KENNEDY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)6205A PEACHTREE DUNWOODY RD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ATLANTA, GA30328
A Employer identification number

20-0424251
B Telephone number (see instructions)

(678) 645-4659
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$62,066,100J 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... 1,660,787 1,660,787  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,947,166
b Gross sales price for all assets on line 6a 81,624,492
7 Capital gain net income (from Part IV, line 2)... 3,947,166
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 63,243 84,136  
12 Total. Add lines 1 through 11........ 5,671,196 5,692,089  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 22,635 0   22,635
c Other professional fees (attach schedule).... Click to see attachment 277,325 261,200   16,125
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 38,576 3,576   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 9,005 1,475   7,500
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 347,541 266,251   46,260
25 Contributions, gifts, grants paid....... 2,461,400 2,461,400
26 Total expenses and disbursements. Add lines 24 and 25 2,808,941 266,251   2,507,660
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,862,255
b Net investment income (if negative, enter -0-) 5,425,838
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......... 7,684,397 1,150,368 1,150,368
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)....... 36,307,172 Click to see attachment45,106,593 54,263,997
c Investments—corporate bonds (attach schedule)....... 1,138,278 Click to see attachment1,200,514 1,229,374
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,461,395 Click to see attachment2,996,022 5,422,361
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 47,591,242 50,453,497 62,066,100
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........ 47,591,242 50,453,497
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 47,591,242 50,453,497
30 Total liabilities and net assets/fund balances (see instructions). 47,591,242 50,453,497
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
47,591,242
2
Enter amount from Part I, line 27a .....................
2
2,862,255
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
50,453,497
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
50,453,497
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b LONG TERM GAIN FROM K-1: ACADIAN ALL COUNTRY WORLD EX US FUND P    
c SHORT TERM GAIN FROM K-1: ACADIAN ALL COUNTRY WORLD EX US FUND P    
d LONG TERM GAIN FROM K-1: BDT CAPITAL PARTNERS FUND II, LP P    
e SHORT TERM GAIN FROM K-1: BDT CAPITAL PARTNERS FUND II, LP P    
LONG TERM GAIN FROM K-1: FALFURRIAS CAPITAL PARTNERS III, LP P    
LONG TERM GAIN FROM K-1: FALFURRIAS CAPITAL PARTNERS IV, LP P    
ACADIAN ALL COUNTRY WORLD EX US FUND P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 81,617,944   77,893,438 3,724,506
b       45,458
c       7,878
d       55,389
e       3,181
      87,802
      21,236
6,548   4,832 1,716
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       3,724,506
b       45,458
c       7,878
d       55,389
e       3,181
      87,802
      21,236
      1,716
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 3,947,166
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 75,419
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 75,419
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 67,292
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 70,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 137,292
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 61,873
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet61,873 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletGA
    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 ofbulletCOX FOUNDATION COX ENTERPRISES IN Telephone no.bullet (678) 645-0000

    Located atbullet6205-A PEACHTREE DUNWOODY ROADATLANTAGA ZIP+4bullet30328
    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)
    Yes
     
    (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
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    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
    JAMES C KENNEDY PRESIDENT/TRUSTEE
    0.40     		0 0 0
    6205-A PEACHTREE DUNWOODY ROAD
    ATLANTA,GA30328
    BARBARA K HARTY VICE PRESIDENT/TRUSTEE
    0.40     		0 0 0
    6205-A PEACHTREE DUNWOODY ROAD
    ATLANTA,GA30328
    JAMES C KENNEDY JR SECRETARY/TREASURER/TRUSTEE
    0.40     		0 0 0
    6205-A PEACHTREE DUNWOODY ROAD
    ATLANTA,GA30328
    NANCY K RIGBY ASSISTANT SECRETARY
    5.00     		0 0 0
    6205-A PEACHTREE DUNWOODY ROAD
    ATLANTA,GA30328
    CLAY K KENNEDY TRUSTEE
    0.40     		0 0 0
    6205-A PEACHTREE DUNWOODY ROAD
    ATLANTA,GA30328
    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
    STG PARTNERS INVESTMENT MANAGEMENT FEES 254,652
    3455 PEACHTREE RD NE SUITE 1000
    ATLANTA,GA30326
    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
    53,295,562
    b
    Average of monthly cash balances.......................
    1b
    3,130,330
    c
    Fair market value of all other assets (see instructions)................
    1c
    5,422,361
    d
    Total (add lines 1a, b, and c).........................
    1d
    61,848,253
    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
    61,848,253
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    927,724
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    60,920,529
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    3,046,026
    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
    3,046,026
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    75,419
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    75,419
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,970,607
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,970,607
    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
    2,970,607
    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 2,970,607
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 1,706,876
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,507,660
    a Applied to 2020, but not more than line 2a 1,706,876
    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..... 800,784
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		2,169,823
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    JAMES C KENNEDY
    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
    AGAPE COMMUNITY CENTER INC
    2210 MARIETTA BOULEVARD NW
    ATLANTA,GA30318     		N/A PC SPECIAL PROJECT SUPPORT 5,000
    ALL SAINTS' EPISCOPAL CHURCH
    634 W PEACHTREE STREET NW
    ATLANTA,GA30308     		N/A PC ANNUAL FUND SUPPORT 150,000
    AMERICAN RIVERS
    1101 14TH STREET NW SUITE 1400
    WASHINGTON,DC20005     		N/A PC GENERAL OPERATING SUPPORT 1,000
    ATLANTA CHILDREN'S SHELTER
    607 PEACHTREE STREET NE
    ATLANTA,GA30308     		N/A PC HOLIDAY PROGRAM SUPPORT 15,000
    ATLANTA COMMUNITY FOOD BANK
    3400 NORTH DESERT DRIVE
    EAST POINT,GA30344     		N/A PC HOLIDAY PROGRAM SUPPORT 50,000
    ATLANTA MEMORIAL PARK CONSERVANCY
    PO BOX 11609
    ATLANTA,GA30355     		N/A PC GENERAL OPERATING SUPPORT 10,000
    ATLANTA MISSION
    2353 BOLTON ROAD NW
    ATLANTA,GA30318     		N/A PC HOLIDAY PROGRAM SUPPORT 25,000
    ATLANTA POLICE FOUNDATION
    191 PEACHTREE STREET NE SUITE 191
    ATLANTA,GA30303     		N/A PC PROGRAM SUPPORT 100,000
    BEAVERHEAD COMMUNITY WOOD BANK MINISTRY INC
    P O BOX 1414
    DILLON,MT59725     		N/A PC GENERAL OPERATING SUPPORT 3,000
    CAMP SUNSHINE
    1850 CLAIRMONT RD
    DECATUR,GA30033     		N/A PC GENERAL OPERATING SUPPORT 10,000
    CENTER FOR FAMILY RESOURCES
    400 FRANKLIN GATEWAY SE SUITE 250
    MARIETTA,GA30067     		N/A PC HOLIDAY PROGRAM SUPPORT 10,000
    CHILD ABUSE PREVENTION ASSOCIATION
    PO BOX 531
    BEAUFORT,SC29901     		N/A PC HOLIDAY PROGRAM SUPPORT 15,000
    CHILDREN'S RESTORATION NETWORK
    11285 ELKINS ROAD SUITE C-4
    ROSWELL,GA30076     		N/A PC HOLIDAY PROGRAM SUPPORT 50,000
    CHRIS 180 INC
    1030 FAYETTEVILLE ROAD
    ATLANTA,GA30316     		N/A PC HOLIDAY PROGRAM SUPPORT 50,000
    COLORADO OPEN LANDS
    1546 COLE BLVD
    LAKEWOOD,CO80401     		N/A PC GENERAL OPERATING SUPPORT 50,000
    COMMUNITY ASSISTANCE CENTER
    1130 HIGHTOWER TRAIL
    SANDY SPRINGS,GA30350     		N/A PC HOLIDAY PROGRAM SUPPORT 25,000
    CURE CHILDHOOD CANCER INC
    200 ASHFORD CENTER NORTH SUITE 250
    ATLANTA,GA30338     		N/A PC GENERAL OPERATING SUPPORT 100,000
    DUCKS UNLIMITED INC
    1 WATERFOWL WAY
    MEMPHIS,TN38120     		N/A PC SUPPORT FOR DUCKS UNLIMITED DE MEXICO 100,000
    ECDYSIS FOUNDATION
    46958 188TH ST
    ESTELLINE,SD57234     		N/A PC GENERAL OPERATING SUPPORT 25,000
    EMORY UNIVERSITY
    201 DOWMAN DRIVE SUITE 404
    ATLANTA,GA30322     		N/A PC SUPPORT FOR THE DIVISION OF INFECTIOUS DISEASE 250,000
    EMORY UNIVERSITY
    201 DOWMAN DRIVE SUITE 404
    ATLANTA,GA30322     		N/A PC SUPPORT FOR THE WINSHIP PATIENT ASSISTANCE PROGRAM 310,000
    EMPTY STOCKING FUND
    1975 CENTURY BLVD SUITE 16
    ATLANTA,GA30345     		N/A PC PROGRAM SUPPORT 100,000
    FERNBANK MUSEUM OF NATURAL HISTORY
    767 CLIFTON ROAD NE
    ATLANTA,GA30307     		N/A PC GENERAL OPERATING SUPPORT 5,000
    FOSTER CARE SUPPORT FOUNDATION INC
    3334 TRAILS END ROAD
    ROSWELL,GA30075     		N/A PC HOLIDAY PROGRAM SUPPORT 25,000
    GEORGIA CAMPAIGN FOR ADOLESCENT POWER & POTENTIAL INC
    1718 PEACHTREE STREET NW SUITE 465
    ATLANTA,GA30309     		N/A PC GENERAL OPERATING SUPPORT 10,000
    GOLDEN HARVEST FOOD BANK INC
    3310 COMMERCE DRIVE
    AUGUSTA,GA30909     		N/A PC GENERAL OPERATING SUPPORT 5,000
    GRAND TETON NATIONAL PARK FOUNDATION
    PO BOX 249
    MOOSE,WY83012     		N/A PC GENERAL OPERATING SUPPORT 5,000
    GREENWICH COUNTRY DAY SCHOOL
    401 OLD CHURCH ROAD
    GREENWICH,CT06830     		N/A PC GENERAL OPERATING SUPPORT 50,000
    GRENADA EDUCATIONAL FOUNDATION INC
    2621 CARROLLTON ROAD
    GRENADA,MS38902     		N/A PC GENERAL OPERATING SUPPORT 10,000
    HARRY RE HAMPTON MEMORIAL WILDLIFE FUND
    971 NANTAHALA DRIVE
    CHESNEE,SC29323     		N/A PC SUPPORT FOR 2021 SPARANBURG BANQUET 800
    HILTON HEAD ISLAND DEEP WELL PROJECT
    PO BOX 5543
    HILTON HEAD ISLAND,SC29938     		N/A PC HOLIDAY PROGRAM SUPPORT 15,000
    LOWCOUNTRY FOOD BANK INC
    2864 AZALEA DRIVE
    CHARLESTON,SC29405     		N/A PC GENERAL OPERATING SUPPORT 5,000
    MARINE TOYS FOR TOTS FOUNDATION
    18251 QUANTICO GATEWAY DRIVE
    TRIANGLE,VA22172     		N/A PC NORTH ATLANTA TOY CAMPAIGN 25,000
    MEALS ON WHEELS ATLANTA
    1705 COMMERCE DRIVE NW
    ATLANTA,GA30318     		N/A PC HOLIDAY PROGRAM SUPPORT 15,000
    MELANOMA RESEARCH FOUNDATION
    1420 K STREET NW 7TH FLOOR
    WASHINGTON,DC20005     		N/A PC GENERAL OPERATING SUPPORT 5,000
    MEMORIAL SLOAN-KETTERING CANCER CENTER
    1275 YORK AVENUE
    NEW YORK,NY10065     		N/A PC GENERAL OPERATING SUPPORT 10,000
    MISSISSIPPI STATE UNIVERSITY
    240 WISE CENTER DRIVE
    MISSISSIPPI STATE,MS39762     		N/A PC HOLIDAY PROGRAM SUPPORT 100,000
    MISSISSIPPI WILDLIFE FEDERATION
    2630 RIDGEWOOD ROAD SUITE D
    JACKSON,MS39216     		N/A PC GENERAL OPERATING SUPPORT 10,000
    MOVEMBER FOUNDATION
    PO BOX 1595
    CULVER CITY,CA90232     		N/A PC GENERAL OPERATING SUPPORT 50,000
    MUST MINISTRIES INC
    1407 COBB PARKWAY NW
    MARIETTA,GA30062     		N/A PC HOLIDAY PROGRAM SUPPORT 15,000
    NATIONAL OUTDOOR LEADERSHIP SCHOOL
    284 LINCOLN STREET
    LANDER,WY82520     		N/A PC GENERAL OPERATING SUPPORT 10,000
    NATIONAL PARKS CONSERVATION ASSOCIATION
    777 6TH STREET NW SUITE 700
    WASHINGTON,DC20001     		N/A PC GENERAL OPERATING SUPPORT 5,000
    POLITICAL ECONOMY RESEARCH CENTER
    2048 ANALYSIS DRIVE SUITE A
    BOZEMAN,MT59718     		N/A PC GENERAL OPERATING SUPPORT 100,000
    PROSTATE CANCER FOUNDATION
    1250 FOURTH STREET
    SANTA MONICA,CA90401     		N/A PC 2021 MILKEN INSTITUTE EVENT SUPPORT 50,000
    PROTESTANT EPISCOPAL HIGH SCHOOL IN VIRGINIA
    1200 NORTH QUAKER LANE
    ALEXANDRIA,VA22302     		N/A PC GENERAL OPERATING SUPPORT 15,000
    SHERIDAN HIGH SCHOOL
    PO BOX 586
    SHERIDAN,MT59749     		N/A PC FBLA PROGRAM SUPPORT 5,000
    SNOWMASS CHAPEL & COMMUNITY CENTER INC
    5307 OWL CREEK ROAD BOX 17169
    SNOWMASS VILLAGE,CO81615     		N/A PC GENERAL OPERATING SUPPORT 10,000
    SOUTH DAKOTA GRASS LANDS COALITION
    PO BOX 401
    PRESHO,SD57568     		N/A PC GENERAL OPERATING SUPPORT 25,000
    SPORTSMEN'S ALLIANCE FOUNDATION
    801 KINGSMILL PARKWAY
    COLUMBUS,OH43229     		N/A PC GENERAL OPERATING SUPPORT 20,000
    TALLAHATCHIE GENERAL HOSPITAL MEDICAL FOUNDATION
    P O BOX 423
    CHARLESTON,MS38921     		N/A PC GENERAL OPERATING SUPPORT 50,600
    TALLAHATCHIE GENERAL HOSPITAL MEDICAL FOUNDATION
    P O BOX 423
    CHARLESTON,MS38921     		N/A PC HOLIDAY PROGRAM SUPPORT 80,000
    THE WESTMINSTER SCHOOLS
    1424 WEST PACES FERRY ROAD NW
    ATLANTA,GA30327     		N/A PC GENERAL OPERATING SUPPORT 5,000
    TWIN BRIDGES KID COUNTRY LEARNING CENTER
    314 S MAIN STREET
    TWIN BRIDGES,MT59754     		N/A PC GENERAL OPERATING SUPPORT 15,000
    UNITED WAY OF GREATER ATLANTA
    40 COURTLAND STREET SUITE 300
    ATLANTA,GA30303     		N/A PC GENERAL OPERATING SUPPORT 25,000
    USA CYCLING FOUNDATION
    210 USA CYCLING POINT SUITE 100
    COLORADO SPRINGS,CO80919     		N/A PC GENERAL OPERATING SUPPORT 2,500
    UVA DUCKS UNLIMITED
    1536 VIRGINIA AVENUE
    CHARLOTTESVILLE,VA22903     		N/A PC PROGRAM SUPPORT 2,500
    VISITING NURSE HEALTH SYSTEM
    5775 GLENRIDGE DRIVE NE SUITE E200
    ATLANTA,GA30328     		N/A PC GENERAL OPERATING SUPPORT 1,000
    VOX PRESS INC
    PO BOX 2954
    OXFORD,MS38655     		N/A PC PROGRAM SUPPORT 10,000
    WILD SALMON CENTER
    721 NW NINTH AVENUE SUITE 300
    PORTLAND,OR97209     		N/A PC PROGRAM SUPPORT 200,000
    WOODWARD ACADEMY
    1662 RUGBY AVENUE
    COLLEGE PARK,GA30337     		N/A PC GENERAL OPERATING SUPPORT 10,000
    YOUTH VILLAGES GEORGIA
    4685 DORSETT SHOALS ROAD
    DOUGLASVILLE,GA30135     		N/A PC HOLIDAY HEROES PROGRAM SUPPORT 5,000
    Total .................................bullet 3a 2,461,400
    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 3,947,166  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIPS - BOOK     		    14 83,986  
    bPARTNERSHIPS - UBIT 525990 -20,893      
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. -20,893 5,692,089 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,671,196
    (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:
    J C KENNEDY FOUNDATION INC
    EIN:
    20-0424251
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING EXPENSE 22,635 0   22,635

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    J C KENNEDY FOUNDATION INC
    EIN:
    20-0424251
    Name of Bond End of Year Book Value End of Year Fair Market Value
    TORONTO-DOMINION BANK 24,013 25,011
    ABBVIE INC 27,820 27,825
    ANHEUSER-BUSCH INBEV FIN 22,851 27,704
    FHLMC G0 8747 03%2047 37,676 40,539
    FEDERAL NATL MTGE ASSN 27,335 29,247
    FNMA PMA4121 03%2050 12,862 12,738
    FISERV INC 26,274 27,505
    GOLDMAN SACHS GROUP INC 28,978 28,336
    GOLDMAN SACHS GROUP INC 33,979 33,325
    MORGAN STANLEY 61,924 65,994
    ORACLE CORP 31,313 32,415
    U.S. TREASURY BOND 37,857 45,111
    U.S. TREASURY BOND 36,956 43,864
    U.S. TREASURY BOND 24,657 27,820
    U.S. TREASURY BOND 45,531 46,627
    U.S. TREASURY NOTE 88,135 97,348
    U.S. TREASURY NOTE 60,876 59,509
    U.S. TREASURY NOTE 2.250% FEB 15 2027 23,783 25,158
    ALPHABET INC 23,982 23,256
    JPMORGAN CHASE & CO 47,091 44,518
    U.S. TREASURY BOND 30,451 25,598
    U.S. TREASURY NOTE 31,251 31,701
    U.S. TREASURY NOTE 75,000 74,742
    U.S. TREASURY NOTE 51,870 50,330
    U.S. TREASURY NOTE 72,954 71,933
    U.S. TREASURY NOTE 111,733 110,537
    U.S. TREASURY NOTE 55,075 55,073
    VERIZON COMMUNICATIONS 23,744 22,738
    VERIZON COMMUNICATIONS 24,543 22,872

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    J C KENNEDY FOUNDATION INC
    EIN:
    20-0424251
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AIR PRODUCTS & CHEM 104,374 121,704
    ADOBE SYS DEL PV$ 0.001 105,079 108,308
    ALIBABA GROUP HOLDING LT 110,484 61,890
    ALPHABET INC SHS CL A 77,580 176,509
    ALPHABET INC SHS CL C 77,539 176,719
    ALPHABET INC SHS CL A 127,482 159,337
    ALTRIA GROUP INC 65,319 72,791
    AMAZON COM INC COM 119,036 126,705
    AMAZON COM INC COM 163,874 266,747
    AMERICAN ASSETS TR INC 25,298 25,408
    AMERICAN FINL GRP HLDGS 28,132 50,534
    AMERICAN TOWER REIT INC 127,923 144,203
    AMETEK INC NEW 15,100 30,143
    ANALOG DEVICES INC COM 77,908 85,248
    APPLE INC 72,864 197,100
    APPLIED INDUSTRL TECH 7,861 11,297
    ASHLAND INC NEW 37,678 46,186
    ATMOS ENERGY CORP COM 20,635 23,468
    AUTODESK INC COM ISIN 100,053 95,605
    AUTODESK INC COM ISIN #US0527691069 SED 116,321 178,837
    AUTOMATIC DATA PROC 24,029 36,001
    AVANTOR INC 19,559 32,237
    BERKLEY W R CORP 17,455 23,728
    BERKSHIRE HATHAWAYINC DEL CL B NEW 87,202 124,982
    BIO RAD LABS CL A 7,919 21,156
    BIO RAD LABS CL A 71,408 80,846
    BLACK HILLS CORP 24,612 29,216
    BLACKROCK 1,560,314 1,458,199
    BLACKROCK ALLOCATION 450,000 466,738
    BLACKROCK ALLOCATION 583,007 579,270
    BLACKROCK GLOBAL 2,252,391 2,119,044
    BLACKROCK INC 80,813 152,899
    BLACKROCK MULTI-SECTOR 970,936 843,500
    BOEING COMPANY 159,892 183,403
    CADENCE BANK REG SHS 22,844 22,521
    CADENCE DESIGN SYS INC 87,135 114,978
    CARLISLE COS INC 12,975 29,774
    CHAMPIONX 33,728 29,608
    CHEVRON CORP 69,434 84,492
    CINN FINCL CRP OHIO 51,091 67,674
    CISCO SYSTEMS INC COM 67,570 86,944
    CISCO SYSTEMS INC COM 86,925 111,975
    CLARIVATE ANALYTICS PLC 44,541 47,463
    COLGATE PALMOLIVE 46,163 54,618
    COMCAST CORP NEW CL A 78,935 77,408
    CORTEVA INC REG SHS 42,869 44,443
    CROWN CASTLE INTL CORP 101,014 155,720
    DANAHER CORP DEL COM 122,783 152,661
    DEERE CO 58,782 109,039
    DIAGEO PLC SPSD ADR NEW FGN 86,891 124,159
    DISNEY (WALT) CO COM STK 130,733 146,371
    DOMINION RES INC NEW VA 102,516 107,470
    DOUBLELINE CORE FIXED 3,354,112 3,349,308
    DOUBLELINE TOTAL RETURN 3,221,942 3,160,197
    DYNATRACE INC REG SHS 81,711 90,344
    ECOLAB INC 71,205 76,946
    EDWARDS LIFESCIENCES CRP 70,269 93,406
    ENPHASE ENERGY INC 44,649 45,186
    ENVISTA HOLDINGS CORP 17,818 44,159
    ETSY INC COM 61,849 69,623
    EXPEDITORS INTL WASH INC 58,182 101,926
    FACEBOOK INC CLASS A COMMON STOCK 145,450 249,235
    FACTSET RESH SYS INC 46,001 78,248
    FASTENAL COMPANY 52,533 97,756
    FORTIVE CORP 90,191 95,286
    FRANKLIN RES INC COM ISIN #US3546131018 39,971 42,331
    HAYWARD HLDGS INC 23,823 37,142
    HIGHWOODS PPTYS INC 28,803 29,474
    HOME DEPOT INC 66,337 88,812
    IDEXX LAB INC DEL $0.10 111,679 131,692
    ILLUMINA INC COM 79,635 95,490
    INTEL CORP 77,643 76,323
    INTUIT COM 109,194 155,659
    INTUITIVE SURGICAL INC NEW 31,741 62,518
    ISHARES CORE U.S. 1,493,856 1,450,672
    ISHARES EDGE MSCI 2,086,120 3,049,068
    ISHARES EDGE MSCI MIN 1,047,180 1,233,434
    ISHARES EDGE MSCI MIN VOL USA ETF 2,095,306 2,791,361
    ISHARES EDGE MSCI MIN VOL USA ETF 574,935 715,041
    ISHARES EDGE MSCI USA MOMENTUM FACTOR ETF 1,464,007 2,042,921
    ISHARES EDGE MSCI USA VALUE FACTOR ETF 1,400,423 1,847,876
    ISHARES MSCI EAFE 2,426,251 2,898,363
    ISHARES RS 2000 GROWTH 884,789 870,140
    ISHARES RS 2000 VALUE 894,456 887,775
    ISHARES RUSSELL 1000 4,133,792 5,335,671
    ISHARES RUSSELL 1000 1,909,159 2,756,661
    ISHARES RUSSELL 1000 6,601 9,320
    JOHNSON AND JOHNSON COM 108,523 126,763
    LAMB WESTON HOLDINGS INC 32,275 35,746
    LKQ CORP 26,418 76,178
    LOWE-S COMPANIES INC 80,341 182,228
    LPL FINANCIAL HOLDINGS HS 27,218 31,218
    MADDEN STEVEN LTD 28,646 43,961
    MARRIOTT VACATIONS 20,207 19,940
    MARVELL TECHNOLOGY GROUP 69,517 114,962
    MERCK AND CO INC SHS 78,920 78,249
    MICROCHIP TECHNOLOGY INC 21,254 38,481
    MICROSOFT CORP 54,258 123,766
    MICROSOFT CORP 105,742 228,698
    MICROSOFT CORP 137,609 174,886
    MONOLITHIC PWR SYSTEMS 79,347 99,653
    MONSTER BEVERAGE SHS 92,295 135,705
    MORNINGSTAR INC 19,174 42,407
    MSCI INC 78,670 96,192
    NESTLE S A REP RG SH ADR 54,148 79,309
    NIKE INC CL B 81,207 91,669
    NINTENDO CO LTD 76,284 62,689
    NISOURCE INC 33,798 36,694
    NOMAD FOODS LTD SHS 20,754 23,537
    NORFOLK SOUTHERN CORP 84,373 133,970
    NOVARTIS ADR 114,847 111,174
    NOVO NORDISK A S ADR 27,311 51,408
    NVENT ELEC PLC REG SHS 21,068 33,592
    NVIDIA CORP 65,049 315,874
    NVIDIA CORP 75,831 131,761
    ORACLE CORP $0.01 DEL 122,038 194,566
    ORTHO CLINICAL 24,414 31,550
    PAYCHEX INC 59,526 105,105
    PFIZER INC 76,472 121,997
    PHILIP MORRIS INTL INC 53,217 65,645
    PIONEER NATURAL RES CO 17,029 34,193
    PROGRESSIVE CORP OHIO 95,784 99,571
    PTC INC SHS 15,102 21,686
    QUALCOMM INC 54,225 112,282
    REGAL REXNORD CORP 26,518 46,970
    REGENERON PHARMACTCLS 70,164 119,989
    ROCHE HLDG LTD SPN ADR FGN 81,873 107,205
    RPM INTERNATIONAL INC 25,346 41,208
    SALESFORCE COM INC 106,688 164,676
    SCHLUMBERGER LTD FGN 55,953 56,546
    SEI INVT CO PA PV $0.01 51,352 55,394
    SERVICENOW INC 84,965 103,208
    SQUARE INC SHS CL A 92,620 64,442
    STARBUCKS CORP 79,106 104,103
    STARBUCKS CORP 72,685 76,732
    STATE STREET CORP 27,543 39,246
    TARGET CORP COM 52,573 124,052
    TELEDYNE TECH INC 12,979 22,281
    TENABLE HOLDINGS INC REG 22,052 33,427
    TERMINIX GLOBAL HOLDINGS INC COM 19,655 25,103
    TEXAS INSTRUMENTS 102,904 150,399
    THERMO FISHER SCIENTIFIC 102,675 138,119
    TOUCHSTONE SANDS CAPITAL 3,259,209 3,914,010
    UNITEDHEALTH GROUP INC 126,768 160,183
    UNITED PARCEL SVC CL B 71,740 128,818
    VALMONT INDS INC 21,019 40,581
    VERISK ANALYTICS INC 107,149 130,605
    VERIZON COMMUNICATNS COM 76,763 70,614
    VERTEX PHARMACEUTCLS INC 97,157 107,165
    VISA INC CL A SHRS 185,218 222,995
    VISA INC CL A SHRS 135,485 134,577
    WEBSTER FINL CP PV $0.01 40,325 39,926
    WEST PHARMACTL SVCS INC 93,496 124,757
    WOODWARD INC 30,308 26,161
    WORKDAY INC CL A 32,609 58,461
    YUM BRANDS INC 44,340 59,293
    YUM CHINA HOLDINGS INC 25,846 28,806

    TY 2021 InvestmentsOtherSchedule2
    Name:
    J C KENNEDY FOUNDATION INC
    EIN:
    20-0424251
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ACADIAN ALL COUNTRY WORLD EX US FUND AT COST 765,242 941,803
    BDT CAPITAL PARTNERS FUND II, L.P. (TE) AT COST 1,067,119 1,491,337
    BDT CAPITAL PARTNERS FUND II-A SPIRITS, L.P. AT COST 17,928 40,338
    FALFURRIAS CAPITAL PARTNERS III, L.P. AT COST 220,555 1,395,513
    FALFURRIAS CAPITAL PARTNERS IV, L.P. AT COST 400,639 783,616
    FALFURRIAS CAPITAL PARTNERS V, L.P. AT COST 61,983 61,290
    H.I.G. ADVANTAGE BUYOUT FUND, L.P. AT COST 462,556 708,464

    TY 2021 OtherExpensesSchedule
    Name:
    J C KENNEDY FOUNDATION INC
    EIN:
    20-0424251
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES/SUBSCRIPTIONS 7,500 0   7,500
    BANK FEES 1,475 1,475   0
    GA SOS REGISTRATION FEES 30 0   0


    TY 2021 OtherIncomeSchedule2
    Name:
    J C KENNEDY FOUNDATION INC
    EIN:
    20-0424251
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 150 150 150
    PARTNERSHIPS - NII   83,986  
    PARTNERSHIPS - BOOK 83,986   83,986
    PARTNERSHIPS - UBIT -20,893   -20,893


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    J C KENNEDY FOUNDATION INC
    EIN:
    20-0424251
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING EXPENSE 16,125 0   16,125
    INVESTMENT MANAGEMENT FEES 261,200 261,200   0


    TY 2021 TaxesSchedule
    Name:
    J C KENNEDY FOUNDATION INC
    EIN:
    20-0424251
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL INCOME TAX 35,000 0   0
    FOREIGN TAXES PAID 3,576 3,576   0