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. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 09-01-2020 , and ending 08-31-2021
Name of foundation
ETHEL D COLKET FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)6022 WEST CHESTER PIKE NO 100
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEWTOWN SQUARE, PA19073
A Employer identification number

23-6292917
B Telephone number (see instructions)

(610) 647-7475
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$6,439,586J 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... 84,918 84,918  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 200,322
b Gross sales price for all assets on line 6a 282,916
7 Capital gain net income (from Part IV, line 2)... 200,322
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 24,948 13,274  
12 Total. Add lines 1 through 11........ 310,188 298,514  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 12,095 12,095   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 25,415 0   25,415
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 951 951   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,694 594   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 43,628 43,218   410
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 90,783 56,858   25,825
25 Contributions, gifts, grants paid....... 659,498 659,498
26 Total expenses and disbursements. Add lines 24 and 25 750,281 56,858   685,323
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -440,093
b Net investment income (if negative, enter -0-) 241,656
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 2,836 27,161 27,161
2 Savings and temporary cash investments......... 267,653 119,688 119,688
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)....... 728,301 Click to see attachment588,960 1,346,208
c Investments—corporate bonds (attach schedule)....... 150,000 Click to see attachment150,000 150,135
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,162,460 Click to see attachment2,206,914 3,661,224
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment714,052 Click to see attachment729,251 Click to see attachment1,135,170
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,025,302 3,821,974 6,439,586
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........ 3,233,815 3,233,815
27 Paid-in or capital surplus, or land, bldg., and equipment fund 67,036 67,036
28 Retained earnings, accumulated income, endowment, or other funds 724,451 521,123
29 Total net assets or fund balances (see instructions)..... 4,025,302 3,821,974
30 Total liabilities and net assets/fund balances (see instructions). 4,025,302 3,821,974
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
4,025,302
2
Enter amount from Part I, line 27a .....................
2
-440,093
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
237,126
4
Add lines 1, 2, and 3 ..........................
4
3,822,335
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
361
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,821,974
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b SHORT-TERM CAPITAL GAIN - THE VITTORIA FUND LP P 2020-09-01 2021-08-31
c LONG-TERM CAPITAL GAIN - THE VITTORIA FUND P 2020-09-01 2021-08-31
d SEC. 1256 GAIN - THE VITTORIA FUND LP P 2020-09-01 2021-08-31
e CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 235,198   82,594 152,604
b 18,087     18,087
c 13,380     13,380
d 2,002     2,002
e 14,249     14,249
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       152,604
b       18,087
c       13,380
d       2,002
e       14,249
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 2 200,322
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  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
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 Reserved................................ 1 3,359
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% 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 3,359
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 3,359
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 9,733
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 9,733
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 6,374
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet6,374 RefundedBullet 11 0
Part VII-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 XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    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 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    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 (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-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 ofbulletTEKLOC ENTERPRISES LLC Telephone no.bullet (610) 647-7475

    Located atbullet6022 WEST CHESTER PIKE STE 100NEWTOWN SQUAREPA ZIP+4bullet19073
    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 2020, 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 VII-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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?...............
    (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.).......
    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
    ........bullet
    c
    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 2020?.............
    1c
     
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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?......................
    b
    If "Yes," did it have excess business holdings in 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-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))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    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
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    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?
    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? .................
    Part VIII
    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
    PNC BANK NA CO-TRUSTEE
    3.00     		12,095 0 0
    116 ALLEGHENY CENTER MALL
    PITTSBURGH,PA152129938
    RUTH M COLKET CO-TRUSTEE
    1.00     		0 0 0
    C/O 6022 WEST CHESTER PIKE SUITE
    100
    NEWTOWN SQUARE,PA19073
    CAROLYN C CULLEN CO-TRUSTEE
    1.00     		0 0 0
    C/O 6022 WEST CHESTER PIKE SUITE
    100
    NEWTOWN SQUARE,PA19073
    TRISTRAM C COLKET III CO-TRUSTEE
    1.00     		0 0 0
    C/O 6022 WEST CHESTER PIKE SUITE
    100
    NEWTOWN SQUARE,PA19073
    BRYAN D COLKET CO-TRUSTEE
    1.00     		0 0 0
    C/O 6022 WEST CHESTER PIKE SUITE
    100
    NEWTOWN SQUARE,PA19073
    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 (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-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 IX-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 (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    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
    6,118,148
    b
    Average of monthly cash balances.......................
    1b
    46,155
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,164,303
    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
    6,164,303
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    92,465
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,071,838
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    303,592
    Part XI
    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 X, line 6....................
    1
    303,592
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,359
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    1,585
    c
    Add lines 2a and 2b............................
    2c
    4,944
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    298,648
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    298,648
    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 XIII, line 1 ...
    7
    298,648
    Part XII
    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
    685,323
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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 V, line 8, and Part XIII, line 4
    4
    685,323
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    685,323
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 298,648
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 1,742,869
    b From 2016...... 852,925
    c From 2017...... 306,253
    d From 2018...... 449,230
    e From 2019......  
    fTotal of lines 3a through e........ 3,351,277
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 685,323
    a Applied to 2019, 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 2020 distributable amount..... 298,648
    e Remaining amount distributed out of corpus 386,675
    5 Excess distributions carryover applied to 2020. 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 3,737,952
    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 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		1,742,869
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,995,083
    10 Analysis of line 9:
    a Excess from 2016.... 852,925
    b Excess from 2017.... 306,253
    c Excess from 2018.... 449,230
    d Excess from 2019....  
    e Excess from 2020.... 386,675
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    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 X, 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 XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ETHEL D COLKET FOUNDATION
    6022 WEST CHESTER PIKE SUITE 100
    NEWTOWN SQUARE,PA19076
    (610) 647-7475
    bThe form in which applications should be submitted and information and materials they should include:
    IN WRITING
    cAny submission deadlines:
    NONE, BUT APPLICANTS FROM THE DELAWARE VALLEY OF PA ARE PREFERRED.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    EDUCATIONAL, CHARITABLE, SCIENTIFIC, LITERARY, AND RELIGIOUS CONCERNS ONLY.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    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
    1000 FRIENDS OF FLORIDA
    PO BOX 5948
    TALLAHASSEE,FL323145948     		  PC 2020 MARTIN COUNTY SPRING APPEAL 2,000
    ACADIAN YOUTH SPORTS
    PO BOX 656
    BAR HARBOR,ME04609     		  PC GENERAL OPERATING 5,000
    AMERICAN CANCER SOCIETY
    5900 CORE AVENUE SUITE 103
    NORTH CHARLESTON,SC29406     		  PC GENERAL OPERATING 1,000
    BANNER LAKE CLUB
    12212 SE LANTANA AVENUE
    HOBE SOUND,FL33475     		  PC GENERAL OPERATING 500
    BAR HARBOR FIRE DEPARTMENT
    37 FIREFLY LANE
    BAR HARBOR,ME04609     		  PC GENERAL OPERATING 17,495
    BAR HARBOR FOOD PANTRY
    36 MOUNT DESERT STREET
    BAR HARBOR,ME046090434     		  PC GENERAL OPERATING 1,500
    BAR HARBOR POLICE DEPARTMENT
    37 FIREFLY LANE
    BAR HARBOR,ME04609     		  PC GENERAL OPERATING 5,000
    BILLFISH FOUNDATION
    5100 NORTH FEDERAL HIGHWAY SUITE
    200
    FT LAUDERDALE,FL33308     		  PC GENERAL OPERATING 1,000
    BOYS & GIRLS CLUBS OF MARTIN COUNTY
    11500 SE LARES AVENUE
    HOBE SOUND,FL33475     		  PC GENERAL OPERATING 7,500
    BRANDYWINE CONSERVANCY
    PO BOX 141
    CHADDS FORD,PA19317     		  PC GENERAL OPERATING 2,000
    BRANDYWINE VALLEY SPCA
    1212 PHOENIXVILLE PIKE
    WEST CHESTER,PA19380     		  PC GENERAL OPERATING 300
    CHEROKEE PLANTATION CHARITIES INC
    5109 COMBAHEE ROAD
    YEMASSEE,SC29945     		  PC GENERAL OPERATING 2,000
    CHESTER COUNTY FOOD BANK
    650 PENNSYLVANIA DRIVE
    EXTON,PA19341     		  PC GENERAL OPERATING 5,000
    CHRIST MEMORIAL CHAPEL
    PO BOX 582
    HOBE SOUND,FL33475     		  PC GENERAL OPERATING 4,000
    DUNBAR EARLY LEARNING CENTER
    12100 SE LANTANA AVENUE
    HOBE SOUND,FL33455     		  PC GENERAL OPERATING 1,000
    EPISCOPAL COMMUNITY SERVICES
    225 S THIRD STREET
    PHILADELPHIA,PA191069853     		  PC GENERAL OPERATING 2,000
    FRIENDS OF ACADIA
    43 COTTAGE STREET
    BAR HARBOR,ME04609     		  PC 32ND ANNUAL FRIENDS 5,000
    GARDEN CLUB OF MOUNT DESERT
    PO BOX 182
    NORTHEAST HARBOR,ME04662     		  PC GENERAL OPERATING 500
    GOSHEN FIRE COMPANY
    1320 PARK AVENUE
    WEST CHESTER,PA19380     		  PC GENERAL OPERATING 1,000
    GREENER PARTNERS
    3215 STUMP HALL ROAD
    COLLEGEVILLE,PA19426     		  PC GENERAL OPERATING 1,000
    GUARDIANS OF MARTIN COUNTY THE
    PO BOX 1489
    HOBE SOUND,FL33475     		  PC LOXA-LUCIE HEADWATERS INITIATIVE 2,000
    HABITAT FOR HUMANITY OF MARTIN COUNTY
    2090 NW FEDERAL HIGHWAY
    STUART,FL34994     		  PC GENERAL OPERATING 1,000
    HERRING GUT LEARNING CENTER
    PO BOX 286
    PORT CLYDE,ME04855     		  PC GENERAL OPERATING 300
    HOBE SOUND COMMUNITY CHEST
    PO BOX 511
    HOBE SOUND,FL33475     		  PC GENERAL OPERATING 15,000
    HOBE SOUND EARLY LEARNING CENTER
    11580 SE GOMEZ AVENUE
    HOBE SOUND,FL33455     		  PC GENERAL OPERATING 300
    HOBE SOUND FIRE DEPARTMENT
    6900 SE RIDGEWAY TERRACE
    HOBE SOUND,FL33455     		  PC GENERAL OPERATING 5,000
    HOBE SOUND NATURE CENTER INC
    PO BOX 214
    HOBE SOUND,FL33475     		  PC GENERAL OPERATING 500
    HOLDERNESS SCHOOL
    CHAPEL LANE PO BOX 1879
    PLYMOUTH,NH032641879     		  PC GENERAL OPERATING 5,000
    HORIZONS AT EPISCOPAL ACADEMY
    1785 BISHOP WHITE DRIVE
    NEWTOWN SQUARE,PA19073     		  PC HAPPINESS FOR HORIZONS 41,420
    HOSPICE VOLUNTEERS OF HANCOCK COUNTY
    14 MCKENZIE AVENUE
    ELLSWORTH,ME04605     		  PC GENERAL OPERATING 1,000
    ISLAND HOUSING TRUST
    PO BOX 851
    MOUNT DESERT,ME04660     		  PC GENERAL OPERATING 102,376
    JUPITER ISLAND GARDEN CLUB
    PO BOX 1410
    HOBE SOUND,FL33475     		  PC HARBOR ISLAND BRIDGE 25,500
    JUPITER ISLAND HISTORICAL SOCIETY
    PO BOX 938
    HOBE SOUND,FL33475     		  PC GENERAL OPERATING 350
    JUPITER ISLAND MEDICAL CLINIC INC
    100 ESTRADA SQUARE
    HOBE SOUND,FL33455     		  PC GENERAL OPERATING 6,000
    JUPITER ISLAND POLICE DEPARTMENT
    103 BUNKER HILL ROAD
    HOBE SOUND,FL33455     		  PC GENERAL OPERATING 5,000
    LOAVES AND FISHES OF HOBE SOUND INC
    PO BOX 98
    HOBE SOUND,FL33475     		  PC GENERAL OPERATING 1,000
    MAIN LINE MEALS ON WHEELS
    PO BOX 801
    DEVON,PA19333     		  PC GENERAL OPERATING 300
    MAINE SEACOAST MISSION
    6 OLD FIREHOUSE LANE PO BOX 600
    NORTHEAST HARBOR,ME04662     		  PC COVID VACCINATION RELIEF 25,000
    MARTIN COUNTY STUART PROFESSIONAL FIREFIGHTERS & PARAMEDICS
    PO BOX 469
    PALM CITY,FL349910469     		  PC GENERAL OPERATING 300
    MDI BIOLOGICAL LABORATORY
    PO BOX 35
    SALISBURY COVE,ME04672     		  PC GENERAL OPERATING 1,500
    MDI NURSERY SCHOOL & CHILDCARE
    PO BOX 24
    NORTHEAST HARBOR,ME04662     		  PC GENERAL OPERATING 500
    MDI SEARCH & RESCUE
    PO BOX 493
    BAR HARBOR,ME04609     		  PC GENERAL OPERATING 1,000
    MOUNT DESERT LAND & GARDEN PRESERVE
    PO BOX 208
    SEAL HARBOR,ME04675     		  PC GENERAL OPERATING 1,000
    NORTHEAST HARBOR LIBRARY
    PO BOX 279
    NORTHEAST HARBOR,ME046620279     		  PC GENERAL OPERATING 500
    NORTHERN LIGHT HEALTH FOUNDATION
    43 WHITING HILL ROAD
    BREWER,ME04412     		  PC GENERAL OPERATING 2,000
    PAOLI FIRE COMPANY
    69 DARBY ROAD
    PAOLI,PA19301     		  PC GENERAL OPERATING 9,000
    PAST PRESIDENTS' FUND INC
    PO BOX 1706
    HOBE SOUND,FL33475     		  PC GENERAL OPERATING 2,000
    PENNSYLVANIA HORTICULTURAL SOCIETY
    100 NORTH 20TH STREET 5TH FLOOR
    PHILADELPHIA,PA191031495     		  PC DONATION - ANNUAL FUND 1,000
    PHILADELPHIA MUSEUM OF ART
    PO BOX 7646
    PHILADELPHIA,PA191017646     		  PC GENERAL OPERATING 8,000
    RIDING ON INSULIN
    PO BOX 1516
    WHITEFISH,MT59937     		  PC GENERAL OPERATING 2,500
    SAG HARBOR COMMUNITY FOOD PANTRY
    PO BOX 1241
    SAG HARBOR,NY11963     		  PC GENERAL OPERATING 2,000
    SAMARITAN CENTER FOR YOUNG BOYS & FAMILIES
    1490 SE COVE ROAD
    STUART,FL34997     		  PC GENERAL OPERATING 500
    SANDHILL COVE FOUNDATION
    1500 SW CAPRI
    PALM CITY,FL34990     		  PC SCHOLARSHIP PROGRAM 1,000
    SEAL COVE AUTO MUSEUM
    PO BOX 106
    SEAL COVE,ME04674     		  PC GENERAL OPERATING 300
    SOMESVILLE LANDING CORPORATION
    PO BOX 324
    MOUNT DESERT,ME04660     		  PC GENERAL OPERATING 5,000
    SOMESVILLE VILLAGE IMPROVEMENT SOCIETY
    PO BOX 53
    MOUNT DESERT,ME04660     		  PC GENERAL OPERATING 600
    SPCA OF HANCOCK COUNTY
    141 BAR HARBOR ROAD
    TRENTON,ME04605     		  PC GENERAL OPERATING 500
    ST DAVID'S CHURCH
    763 VALLEY FORGE ROAD
    WAYNE,PA190874794     		  PC 2021 EASTER MEMORIAL 200
    ST SAVIOUR'S CHURCH
    41 MT DESERT STREET
    BAR HARBOR,ME04609     		  PC EASTER MEMORIAL 200
    SUN VALLEY SKI EDUCATION FOUNDATION THE
    PO BOX 203
    SUN VALLEY,ID83353     		  PC GENERAL OPERATING 5,000
    SWAN'S ISLAND EDUCATIONAL SOCIETY
    451 ATLANTIC ROAD PO BOX 12
    SWANS ISLAND,ME04685     		  PC ANNUAL FUND 300
    THUNDER DRAGON FUND
    PO BOX 6123
    KETHCHUM,ID83340     		  PC ZEN MASTERS AVALANCHE AWARENESS 5,000
    UNIVERSITY OF ALABAMA THE
    G-14 ROSE ADMINISTRATION BUILDING
    BOX 870101
    TUSCALOOSA,AL354870101     		  PC GENERAL OPERATING 2,000
    WILLISTOWN CONSERVATION TRUST
    925 PROVIDENCE ROAD
    NEWTOWN SQUARE,PA19073     		  PC GENERAL OPERATING 2,000
    WILLISTOWN TOWNSHIP POLICE ASSOCIATION
    688 SUGARTOWN ROAD
    MALVERN,PA19355     		  PC GENERAL OPERATING 5,000
    WRTI - TEMPLE UNIVERSITY
    1509 CECIL B MOORE AVENUE
    PHILADELPHIA,PA191213410     		  PC GENERAL OPERATING 300
    JESUP MEMORIAL LIBRARY
    34 MOUNT DESERT STREET
    BAR HARBOR,ME04609     		  PC GENERAL OPERATING 78,515
    STROUD WATER RESEARCH
    970 SPENCER ROAD
    AVONDALE,PA193119514     		  PC GENERAL OPERATING 52,376
    SUMMER SEARCH NATIONAL
    1528 WALNUT STREET SUITE 1006
    PHILADELPHIA,PA19102     		  PC GENERAL OPERATING 15,743
    SUN VALLEY COMMUNITY SCHOOL
    1 COMMUNITY SCHOOL DRIVE
    SUN VALLEY,ID83353     		  PC GENERAL OPERATING 36,683
    COLORADO COLLEGE
    14 EAST CACHE LAPOUDRE STREET
    COLORADO SPRINGS,CO809033294     		  PC GENERAL OPERATING 10,490
    EPISCOPAL ACADEMY THE
    1785 BISHOP WHITE DRIVE
    NEWTOWN SQUARE,PA19073     		  PC GENERAL OPERATING 104,650
    Total .................................bullet 3a 659,498
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-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....     14 84,918  
    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..... 523920 11,674 14 13,274  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 200,322  
    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).. 11,674 298,514 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    310,188
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-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 XVI-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 (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Name of Bond End of Year Book Value End of Year Fair Market Value
    150,000 SHS RBC SPX DRAWDOWN NOTE 4.65% 150,000 150,135

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Name of Stock End of Year Book Value End of Year Fair Market Value
    128 SHS ABBOTT LABORATORIES INC. 10,299 16,175
    36 SHS ACCENTURE PLC CL A 6,446 12,116
    37 SHS ADOBE INC. 10,127 24,557
    57 SHS AIRBNB INC. 8,432 8,834
    9 SHS ALIGN TECHNOLOGY 2,747 6,381
    9 SHS ALPHABET INC. CL C 9,754 26,183
    3 SHS ALPHABET INC. CL A 2,443 8,682
    4 SHS AMAZON COM INC 13,208 13,883
    34 SHS AUTODESK INC. 6,198 10,543
    79 SHS META PLATFORMS INC 11,570 29,971
    30 SHS GARTNER INC. 4,688 9,262
    16 SHS ILLUMINA INC. 5,174 7,315
    7 SHS INTUITIVE SURGICAL INC. 4,919 7,375
    9 SHS MSCI INC. 2,087 5,711
    36 SHS MASTERCARD INC. CL A 9,393 12,464
    94 SHS MICROSOFT CORP. 9,603 28,377
    16 SHS NETFLIX INC. 8,614 9,107
    43 SHS NIKE INC. 3,577 7,084
    39 SHS PAYPAL HOLDINGS INC. 4,425 11,258
    61 SHS SALESFORCE.COM 10,966 16,181
    19 SHS SERVICE NOW INC. 5,230 12,229
    72 SHS STARBUCKS CORP. 5,740 8,459
    23 SHS UNITEDHEALTH GROUP INC. 7,056 9,574
    58 SHS VISA INC. 6,001 13,288
    59 SHS ZOETIS INC. 6,468 12,069
    24422 SHS CAMPBELL SOUP CO 413,795 1,019,130

    TY 2020 InvestmentsOtherSchedule2
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    28377.708 SHS BLACKROCK CORE BOND PORT. AT COST 276,542 282,642
    463 SHS GLOBAL X SOCIAL MEDIA INDEX ETF AT COST 14,728 30,590
    676 SHS GLOCAL X CYBERSECURITY ETF AT COST 19,882 22,004
    705 SHS GLOBAL X GENOMICS & BIOTECK ETF AT COST 11,484 17,005
    707 SHS GLOBAL X AUTONOMOUS & ELEC ETF AT COST 19,933 20,319
    1291 SHS GLOBAL X US INFRASTRUCTURE ETF AT COST 33,069 35,141
    1,229 SHS GLOBAL X ROBOTICS & ARTIFI ETF AT COST 24,486 45,067
    429 SHS GLOBAL X AGING POPULATION ETF AT COST 13,270 13,290
    1,214 SHS GLOBAL X INTERNET OF THINGS ETF AT COST 23,450 46,217
    750 SHS GLOBAL X FINTECH THEMATIC ETF AT COST 21,595 38,580
    607 SHS GLOBAL X LITHIUM & BATTERY TECH ETF AT COST 15,758 51,941
    436 SHS INVESCO WATER RESOURCES ETF AT COST 15,126 25,663
    2,287.457 SHS CAMBIAR INTL EQUITY FUND AT COST 60,000 65,833
    320.764 SHS ISHARES S&P 500 INDEX FUND CL K AT COST 27,809 171,994
    1,952.807 SHS HARDING LOEVNER EM PORT. FUND AT COST 120,000 133,748
    3,924.133 SHS WCM FOCUSED INTL GROWTH AT COST 60,000 114,075
    1,179 SHS ISHARES RUSSELL 2000 ETF AT COST 149,975 266,360
    8,768.470 SHS LAZARD GLOBAL LISTED INFRASTRUCTURE PORT AT COST 129,984 143,628
    7,941.387 SHS PRINCIPAL MIDCAP FUND AT COST 154,000 339,335
    7,945.597 SHS T ROWE PRICE VALUE FUND AT COST 274,421 407,768
    1,632 SHS SPDR S&P 500 ETF AT COST 467,691 736,946
    1,056 SHS SPDR DOW JONES REIT ETF AT COST 72,048 118,652
    1,064 SHS SPDR MIDCAP TRUST ETF AT COST 201,663 534,426

    TY 2020 LegalFeesSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 25,415 0   25,415


    TY 2020 OtherAssetsSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    VITTORIA FUND LP 714,052 729,251 1,135,170


    TY 2020 OtherDecreasesSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Description Amount
    CURRENT YEAR DIVIDENDS RECEIVABLE 361


    TY 2020 OtherExpensesSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    POSTAGE 410 0   410
    PASSTHROUGH K-1 LOSSES & DEDUCTIONS 43,218 43,218   0


    TY 2020 OtherIncomeSchedule2
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PASSTHROUGH K-1 INCOME 13,274 13,274 13,274
    PASSTHROUGH UBTI 11,674 0 0


    TY 2020 OtherIncreasesSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Description Amount
    REVERSAL OF PRIOR YEAR DIVIDENDS RECEIVABLE 480
    STOCK GRANTS PAID - TAX COST VS FMV 236,646


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MGMT FEES - POLLEN CAP MGMT 951 951   0


    TY 2020 TaxesSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 594 594   0
    FEDERAL EXCISE TAX 8,100 0   0