Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
W TRENT RAGLAND JR FDN
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

56-6035980
B Telephone number (see instructions)

(888) 730-4933
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$26,975,612
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 580,322 565,977  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,071,886
b Gross sales price for all assets on line 6a 6,453,430
7 Capital gain net income (from Part IV, line 2)... 2,071,886
8 Net short-term capital gain......... 0
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)....... 19,709 19,709  
12 Total. Add lines 1 through 11........ 2,671,917 2,657,572  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 155,753 116,815   38,938
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... 7,078 0 0 7,078
b Accounting fees (attach schedule)....... 1,088 0 0 1,088
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 15,700 6,321   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 51,714 5,552   46,162
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 231,333 128,688 0 93,266
25 Contributions, gifts, grants paid....... 760,400 760,400
26 Total expenses and disbursements. Add lines 24 and 25 991,733 128,688 0 853,666
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,680,184
b Net investment income (if negative, enter -0-) 2,528,884
c Adjusted net income (if negative, enter -0-)... 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............. 5,073    
2 Savings and temporary cash investments......... 1,227,600 1,278,793 1,278,798
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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).......   Click to see attachment15,393,058 21,399,844
c Investments—corporate bonds (attach schedule)....... 3,745,344 Click to see attachment3,819,529 3,796,970
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 14,291,018   0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment500,000 Click to see attachment500,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 19,269,035 20,991,380 26,975,612
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
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........ 19,269,035 20,991,380
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 19,269,035 20,991,380
30 Total liabilities and net assets/fund balances (see instructions). 19,269,035 20,991,380
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
19,269,035
2
Enter amount from Part I, line 27a .....................
2
1,680,184
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
48,501
4
Add lines 1, 2, and 3 ..........................
4
20,997,720
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
6,340
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
20,991,380
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 2972.66 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2021-01-25
b 1773.4 FNMA POOL #FM4769 2.500% 1/01/33   2020-11-17 2021-01-25
c 60000. IBM CORP 2.500% 1/27/22     2021-01-27
d 80000. US TREASURY NOTE 1.875% 9/30/22   2019-12-11 2021-02-23
e 2481.42 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2021-02-25
917.71 FNMA POOL #AS8388 2.500% 11/01/31   2020-09-16 2021-02-25
2022.94 FNMA POOL #FM4769 2.500% 1/01/33   2020-11-17 2021-02-25
5110.508 EDGEWOOD GROWTH INSTL 2131   2018-08-28 2021-03-08
897.904 EDGEWOOD GROWTH INSTL 2131   2020-03-13 2021-03-08
5050.505 JOHCM INTERNATIONAL SEL-I #180   2020-03-13 2021-03-08
12037.67 JOHCM INTERNATIONAL SEL-I #180     2021-03-08
3121.748 HARBOR CAPITAL APPREC-RET #2512   2012-07-06 2021-03-08
5319.149 HARDING LOEVNER INTL EQTY PORT INSTL   2018-06-11 2021-03-08
650. ISHARES CORE S & P 500 ETF   2020-03-24 2021-03-08
15615.24 COHO REL VALUE EQUITY-ADV 244     2021-03-08
707.034 VANGUARD 500 INDEX FD- ADM #540     2021-03-08
18000. CIGNA CORP 3.750% 7/15/23   2019-12-20 2021-03-18
60000. CHEVRON CORP 2.355% 12/05/22     2021-03-22
35000. US TREASURY NOTE 1.875% 9/30/22   2019-12-11 2021-03-22
2644.02 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2021-03-25
693.54 FNMA POOL #AS8388 2.500% 11/01/31   2020-09-16 2021-03-25
1773.79 FNMA POOL #FM4769 2.500% 1/01/33   2020-11-17 2021-03-25
65000. SANOFI-AVENTIS 4.000% 3/29/21     2021-03-29
3139.02 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2021-04-25
1629.54 FNMA POOL #AS8388 2.500% 11/01/31   2020-09-16 2021-04-25
1169.26 FNMA POOL #FM4769 2.500% 1/01/33   2020-11-17 2021-04-25
15000. US TREASURY NOTE 1.875% 9/30/22   2019-12-11 2021-05-03
50000. US TREASURY NOTE 2.625% 6/30/23   2018-07-18 2021-05-03
50000. US TREASURY NOTE 2.875% 10/31/23   2018-11-14 2021-05-03
10000. US TREASURY NOTE 2.125% 12/31/22   2018-06-22 2021-05-03
40000. US TREASURY NOTE 2.125% 11/30/23   2018-12-28 2021-05-03
15000. US TREASURY NOTE 1.750% 5/15/23   2018-06-22 2021-05-03
4878.049 JOHCM INTERNATIONAL SEL-I #180   2016-09-13 2021-05-04
5158.184 HARDING LOEVNER INTL EQTY PORT INSTL     2021-05-04
50000. FED NATL MTG ASSN 1.250% 5/06/21   2018-06-21 2021-05-06
2413.63 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2021-05-25
724.47 FNMA POOL #AS8388 2.500% 11/01/31   2020-09-16 2021-05-25
1374.19 FNMA POOL #FM4769 2.500% 1/01/33   2020-11-17 2021-05-25
27000. DOW CHEMICAL CO/THE 3.500% 10/01/24   2019-12-20 2021-06-02
30000. US TREASURY NOTE 0.125% 4/30/23   2021-05-04 2021-06-09
9000. CARDINAL HEALTH INC 2.616% 6/15/22   2018-08-29 2021-06-15
60000. GLAXOSMITHKLINE CAPI 2.850% 5/08/22     2021-06-23
20000. INTEL CORP 2.700% 12/15/22   2018-08-29 2021-06-23
2304.21 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2021-06-25
458.68 FNMA POOL #AS8388 2.500% 11/01/31   2020-09-16 2021-06-25
2634.94 FNMA POOL #FM4769 2.500% 1/01/33   2020-11-17 2021-06-25
10000. ANHEUSER-BUSCH INBEV 4.150% 1/23/25   2020-12-23 2021-06-29
60000. BP CAP MARKETS AMERI 2.520% 9/19/22     2021-07-13
2543.85 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2021-07-25
1076.04 FNMA POOL #AS8388 2.500% 11/01/31   2020-09-16 2021-07-25
1912.79 FNMA POOL #FM4769 2.500% 1/01/33   2020-11-17 2021-07-25
25000. AMERICAN EXPRESS CO 3.400% 2/27/23     2021-08-03
40000. BANK OF MONTREAL 3.300% 2/05/24   2020-02-19 2021-08-03
60000. COCA-COLA CO/THE 1.750% 9/06/24   2020-10-21 2021-08-03
70000. FED HOME LN MTG CORP 0.375% 9/23/25   2020-11-17 2021-08-03
55000. HOME DEPOT INC 3.750% 2/15/24   2019-10-22 2021-08-03
65000. MITSUBISHI UFJ FIN 3.455% 3/02/23     2021-08-03
30000. MORGAN STANLEY 3.750% 2/25/23   2018-10-22 2021-08-03
40000. ORACLE CORP 2.500% 4/01/25   2021-01-27 2021-08-03
10000. ROYAL BANK OF CANADA 1.200% 4/27/26   2021-06-23 2021-08-03
35000. WALMART INC 3.050% 7/08/26     2021-08-03
25000. PROGRESSIVE CORP 3.750% 8/23/21   2018-06-21 2021-08-23
75000. REGIONS FINANCIAL CO 3.800% 8/14/23     2021-08-23
2440.72 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2021-08-25
1120.34 FNMA POOL #AS8388 2.500% 11/01/31   2020-09-16 2021-08-25
1028.73 FNMA POOL #FM4769 2.500% 1/01/33   2020-11-17 2021-08-25
25000. GILEAD SCIENCES INC 4.400% 12/01/21   2018-06-21 2021-09-01
21000. CARDINAL HEALTH INC 2.616% 6/15/22   2018-08-29 2021-09-15
45000. WALMART INC 3.050% 7/08/26   2021-03-25 2021-09-21
2458.93 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2021-09-25
1372.62 FNMA POOL #AS8388 2.500% 11/01/31   2020-09-16 2021-09-25
3775.91 FNMA POOL #FM4769 2.500% 1/01/33   2020-11-17 2021-09-25
230000. US TREASURY NOTE 0.125% 6/30/23   2021-08-03 2021-10-06
2426.6 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2021-10-25
1071.88 FNMA POOL #AS8388 2.500% 11/01/31   2020-09-16 2021-10-25
1888.76 FNMA POOL #FM4769 2.500% 1/01/33   2020-11-17 2021-10-25
2471.577 ABERDEEN EMERG MARKETS-INST 5840     2021-11-02
6167.129 EDGEWOOD GROWTH INSTL 2131   2020-03-13 2021-11-02
19553.073 COHO REL VALUE EQUITY-ADV 244     2021-11-02
468.779 INV OPP DEVELOP MRKTS-R6 7038   2018-10-31 2021-11-10
1240.079 ABERDEEN EMERG MARKETS-INST 5840     2021-11-10
3862.794 EDGEWOOD GROWTH INSTL 2131     2021-11-10
508.544 DODGE & COX INT'L STOCK FD #1048   2018-10-15 2021-11-10
814.863 HARDING LOEVNER INTL EQTY PORT INSTL   2017-12-28 2021-11-10
847.458 OAKMARK INTERNATIONAL-INST #2886   2021-03-08 2021-11-10
774.954 JOHCM INTERNATIONAL SEL-INST #180   2016-09-13 2021-11-10
2725.851 T ROWE PR MID CAP GROW-I #524   2008-01-24 2021-11-10
25000. UNITEDHEALTH GROUP 3.375% 11/15/21   2018-07-17 2021-11-15
30000. FED HOME LN BK 1.625% 11/19/21   2020-03-17 2021-11-19
1881.45 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2021-11-25
503.39 FNMA POOL #AS8388 2.500% 11/01/31   2020-09-16 2021-11-25
2127.01 FNMA POOL #FM4769 2.500% 1/01/33   2020-11-17 2021-11-25
80000. COMCAST CORP 3.100% 4/01/25     2021-12-03
14000. HUNTINGTON BANCSHARE 2.300% 1/14/22   2018-08-29 2021-12-14
35000. TOTAL CAPITAL SA 4.250% 12/15/21     2021-12-15
1822.47 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2021-12-25
1356.01 FNMA POOL #AS8388 2.500% 11/01/31   2020-09-16 2021-12-25
2303.05 FNMA POOL #FM4769 2.500% 1/01/33   2020-11-17 2021-12-25
4000. CVS HEALTH CORP 3.700% 3/09/23   2019-05-13 2021-12-28
824.85 FNMA POOL #AS8388 2.500% 11/01/31   2020-09-16 2021-12-31
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(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 2,973   3,073 -100
b 1,773   1,883 -110
c 61,339   58,727 2,612
d 82,263   80,506 1,757
e 2,481   2,566 -85
918   972 -54
2,023   2,148 -125
255,168   182,752 72,416
44,832   31,148 13,684
147,778   100,000 47,778
352,222   249,699 102,523
300,000   127,069 172,931
150,000   124,734 25,266
251,829   154,063 97,766
250,000   230,906 19,094
250,000   134,236 115,764
19,382   18,880 502
61,792   58,014 3,778
35,935   35,221 714
2,644   2,734 -90
694   734 -40
1,774   1,883 -109
65,000   66,743 -1,743
3,139   3,245 -106
1,630   1,725 -95
1,169   1,241 -72
15,374   15,095 279
52,635   49,689 2,946
53,283   49,840 3,443
10,330   9,732 598
41,934   39,153 2,781
15,479   14,300 1,179
150,000   93,561 56,439
150,000   120,548 29,452
50,000   48,085 1,915
2,414   2,495 -81
724   767 -43
1,374   1,459 -85
29,588   28,281 1,307
29,992   29,979 13
9,197   8,635 562
61,357   59,257 2,100
20,730   19,689 1,041
2,304   2,382 -78
459   486 -27
2,635   2,798 -163
11,143   11,378 -235
61,520   57,899 3,621
2,544   2,630 -86
1,076   1,139 -63
1,913   2,031 -118
26,139   24,997 1,142
42,830   42,097 733
62,427   62,944 -517
69,579   69,609 -30
59,241   59,132 109
68,146   65,242 2,904
31,570   29,816 1,754
42,146   42,832 -686
10,050   9,992 58
38,556   38,322 234
25,000   25,293 -293
79,848   79,180 668
2,441   2,523 -82
1,120   1,186 -66
1,029   1,092 -63
25,000   25,888 -888
21,337   20,148 1,189
49,403   49,162 241
2,459   2,542 -83
1,373   1,453 -80
3,776   4,009 -233
229,560   229,883 -323
2,427   2,509 -82
1,072   1,135 -63
1,889   2,005 -116
50,000   36,822 13,178
400,000   213,938 186,062
350,000   287,895 62,105
25,000   17,470 7,530
25,000   17,889 7,111
250,000   131,582 118,418
25,000   21,059 3,941
25,000   18,554 6,446
25,000   24,212 788
25,000   14,864 10,136
356,514   141,603 214,911
25,000   25,162 -162
30,000   30,497 -497
1,881   1,945 -64
503   533 -30
2,127   2,258 -131
84,610   88,055 -3,445
14,000   13,813 187
35,000   36,359 -1,359
1,822   1,884 -62
1,356   1,436 -80
2,303   2,445 -142
4,137   4,065 72
825   873 -48
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
      668,171
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       -100
b       -110
c       2,612
d       1,757
e       -85
      -54
      -125
      72,416
      13,684
      47,778
      102,523
      172,931
      25,266
      97,766
      19,094
      115,764
      502
      3,778
      714
      -90
      -40
      -109
      -1,743
      -106
      -95
      -72
      279
      2,946
      3,443
      598
      2,781
      1,179
      56,439
      29,452
      1,915
      -81
      -43
      -85
      1,307
      13
      562
      2,100
      1,041
      -78
      -27
      -163
      -235
      3,621
      -86
      -63
      -118
      1,142
      733
      -517
      -30
      109
      2,904
      1,754
      -686
      58
      234
      -293
      668
      -82
      -66
      -63
      -888
      1,189
      241
      -83
      -80
      -233
      -323
      -82
      -63
      -116
      13,178
      186,062
      62,105
      7,530
      7,111
      118,418
      3,941
      6,446
      788
      10,136
      214,911
      -162
      -497
      -64
      -30
      -131
      -3,445
      187
      -1,359
      -62
      -80
      -142
      72
      -48
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2,071,886
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 35,151
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 35,151
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 8,903
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 27,992
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 36,895
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 1,744
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet1,744 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNC
    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 ofbulletWELLS FARGO BANK NA Telephone no.bullet (888) 730-4933

    Located atbullet100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4bullet27101
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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
    WELLS FARGO BANK N A TRUSTEE
    1
    155,753    
    100 N MAIN ST MAC D4001-117
    WINSTON SALEM,NC27101
    IRIS TURNER GRANT MANAGER
    1
    0    
    100 N MAIN ST MAC D4001-117
    WINSTON SALEM,NC27101
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 LOAN TO CONSERVATION FUND 500,000
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet500,000
    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
    25,106,810
    b
    Average of monthly cash balances.......................
    1b
    940,268
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    26,047,078
    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
    26,047,078
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    390,706
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    25,656,372
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,282,819
    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
    1,282,819
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    35,151
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    35,151
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,247,668
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,247,668
    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
    1,247,668
    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 1,247,668
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 509,820
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 0
    b From 2017...... 0
    c From 2018...... 0
    d From 2019...... 0
    e From 2020...... 0
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,353,666
    a Applied to 2020, but not more than line 2a 509,820
    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..... 843,846
    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 ..........
    403,822
    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.... 0
    b Excess from 2018.... 0
    c Excess from 2019.... 0
    d Excess from 2020.... 0
    e Excess from 2021.... 0
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    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:
    Wells Fargo Bank
    6325 S RAINBOW BLVD STE 300
    LAS VEGAS,NV89118
    (888) 730-4933
    bThe form in which applications should be submitted and information and materials they should include:
    ONLINE at www.wellsfargo.com/privatefoundationgrants/ragland
    cAny submission deadlines:
    Applications are accepted year-round. Applications must be submitted by Jan 1st and July 1st to be r
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Preference may be given to requests for the following: Programs focused on helping those who are unable to support themselves Programs to character build and increase self-reliance
    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
    UNIVERSITY OF SOUTH CAROLINA
    1400 GREENE STREET RUSSELL HOUSE
    COLUMBIA,SC29208
    NONE PC GENERAL PURPOSE 500
    SAINT MARYS SCHOOL
    900 HILLSBOROUGH ST
    RALEIGH,NC27603
    NONE PC GENERAL OPERATING 265,100
    CORRAL RIDING ACADEMY
    3620 KILDAIRE FARM ROAD
    CARY,NC27518
    NONE PC GENERAL PURPOSE 7,500
    CROOKS CORNER BOOK PRIZE FOUNDATION
    515 SENLAC RD
    CHAPEL HILL,NC27514
    NONE PC GENERAL OPERATING 5,000
    INTERFAITH PRISON MINISTRY FOR WOMEN
    112 S SALISBURY ST
    RALEIGH,NC27601
    NONE PC GENERAL OPERATING 7,500
    NORTH CAROLINA CENTRAL UNIVERSITY
    1801 FAYETTEVILLE ST
    DURHAM,SC27707
    NONE PC GENERAL OPERATING 20,100
    ORANGE COUNTY LITERACY COUNCIL INC
    307 W WEAVER STREET
    Carrboro,NC27510
    NONE PC GENERAL OPERATING 500
    THE WOMENS CENTER INC
    111 MARKET ST
    Bloomsburg,PA17815
    NONE PC GENERAL OPERATING 500
    NOTE IN THE POCKET INC
    9650 STRICKLAND ROAD
    RALEIGH,NC27615
    NONE PC GENERAL OPERATING 2,500
    KARL G HUDSON JR FOUNDATION INC
    305 CAMBRIDGE WOODS WAY
    RALEIGH,NC276081036
    NONE PC GENERAL SUPPORT 400
    TAMMY LYNN MEMORIAL FOUNDATION INC
    739 CHAPPELL DR
    Raleigh,NC27606
    NONE PC GENERAL OPERATING 25,000
    BOYS & GIRLS CLUBS OF THE ALBEMARLE
    131 MORRISTOWN RD
    EDENTON,NC27932
    NONE PC GENERAL OPERATING 20,000
    RANDOLPH COLLEGE
    2500 RIVERMONT AVE
    LYNCHBURG,VA24503
    NONE PC GENERAL PURPOSE 1,000
    WOODBERRY FOREST SCHOOL
    898 WOODBERRY FOREST RD
    WOODBERRY FOREST,VA229898002
    NONE PC GENERAL OPERATING 50,000
    PBS NORTH CAROLINA
    10 UNC-TV DRIVE
    RTP,NC27709
    NONE PC GENERAL SUPPORT 100
    GIRL SCOUTS NORTH CAROLINA
    6901 PINECREST RD
    RALEIGH,NC276134538
    NONE PC GENERAL SUPPORT 2,500
    HOSPICE OF WAKE COUNTY INC
    250 HOSPICE CIR
    RALEIGH,NC276076372
    NONE PC GENERAL SUPPORT 10,000
    CAROLINA BALLET INC
    3401-131 ATLANTIC AVENUE
    RALEIGH,NC27604
    NONE PC GENERAL 25,000
    HABITAT FOR HUMANITY OF WAKE COUNTY
    2420 NORTH RALEIGH BOULEVARD
    RALEIGH,NC27604
    NONE PC GENERAL PURPOSE 10,000
    WAKEMED FOUNDATION
    3000 NEW BERN AVENUE
    RALEIGH,NC27610
    NONE PC GENERAL PURPOSE 25,000
    CANINES FOR SERVICE INC
    221 OLD DAIRY RD STE 1
    WILMINGTON,NC284054471
    NONE PC GENERAL OPERATING 5,000
    HEALING TRANSITIONS INTERNATIONAL INC
    1251 GOODE ST
    RALEIGH,NC276032261
    NONE PC GENERAL SUPPORT 25,000
    ALLIANCE MEDICAL MINISTRY INC
    101 DONALD ROSS DRIVE
    RALEIGH,NC27610
    NONE PC GENERAL SUPPORT 12,000
    WHEELS4HOPE
    411 E DURHAM RD
    CARY,NC275116932
    NONE PC GENERAL OPERATING 10,000
    WITH LOVE FROM JESUS MINISTRIES
    421 CHAPANOKE ROAD
    RALEIGH,NC27603
    NONE PC GENERAL OPERATING 7,500
    UNIVERSITY OF NORTH CAROLINA PRESS
    116 S BOUNDARY ST
    CHAPEL HILL,NC275143808
    NONE PC GENERAL OPERATING 2,600
    THE REX HOSPITAL FOUNDATION INC
    4420 LAKE BOONE TRL
    RALEIGH,NC276077505
    NONE PC GENERAL SUPPORT 150,000
    UNC HEALTH FOUNDATION
    123 W FRANKLIN ST STE 510
    CHAPEL HILL,NC275162684
    NONE PC GENERAL SUPPORT 1,500
    NATIONAL HUMANITIES CENTER
    PO BOX 3322
    CHAPEL HILL,NC27599
    NONE PUBLIC CHARITY GENERAL PURPOSE 1,000
    THE SALVATION ARMY WAKE COUNTY
    PO BOX 27584
    RALEIGH,NC27611
    NONE PC GENERAL OPERATING 5,000
    NORTH CAROLINA COASTAL FEDERATION INC
    3609 HWY 24 OCEAN
    NEWPORT,NC28570
    NONE PC GENERAL SUPPORT 25,000
    BOYS CLUB OF WAKE COUNTY INC
    701 N RALEIGH BLVD
    RALEIGH,NC276101692
    NONE PC GENERAL SUPPORT 22,500
    NC SUPREME COURT HISTORICAL SOCIETY
    PO BOX 26972
    RALEIGH,NC27611
    NONE PC GENERAL PURPOSE 100
    FRIENDS OF THE CITY OF RALEIGH MUSEUM
    220 FAYETTEVILLE ST STE 100
    RALEIGH,NC276011358
    NONE PC GENERAL SUPPORT 2,500
    GABIS GROUNDS COFFEE SHOP
    6404 NORTHWYCK PL
    RALEIGH,NC276093513
    NONE PC GENERAL OPERATING 5,000
    OAK CITY CARES INC
    1430 S WILMINGTON ST
    RALEIGH,NC27603
    NONE PC GENERAL OPERATING 2,500
    TRIANGLE FAMILY SERVICES INC
    3937 WESTERN BOULEVARD
    RALEIGH,NC27606
    NONE PC GENERAL SUPPORT 5,000
    Total .................................bullet 3a 760,400
    bApproved for future payment
    Total .................................bullet 3b  
    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 2,071,886  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIP INCOME
        1 19,709  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   2,671,917  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,671,917
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    W TRENT RAGLAND JR FDN
    EIN:
    56-6035980
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,088     1,088

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    W TRENT RAGLAND JR FDN
    EIN:
    56-6035980
    Name of Bond End of Year Book Value End of Year Fair Market Value
    3130AJHU6 FED HOME LN BK 45,055 44,213
    3135G03U5 FED NATL MTG ASSN 100,569 98,618
    14040HCA1 CAPITAL ONE FINANCIA 25,767 26,308
    191216CL2 COCA-COLA CO/THE    
    20030NDJ7 COMCAST CORP    
    912828W71 US TREASURY NOTE 143,726 149,237
    377373AD7 GLAXOSMITHKLINE CAPI    
    166764AB6 CHEVRON CORP 2.355%    
    912828YM6 US TREASURY NOTE 123,886 126,958
    3130AHJY0 FED HOME LN BK    
    03523TBX5 ANHEUSER-BUSCH INBEV    
    86787EBC0 SUNTRUST BANK 36,428 36,637
    125523AF7 CIGNA CORP 23,075 22,878
    882508BH6 TEXAS INSTRUMENTS IN 46,575 45,187
    89152UAB8 TOTAL CAPITAL SA 4.2    
    9128282W9 US TREASURY NOTE 1.8    
    446150AQ7 HUNTINGTON BANCSHARE 16,027 15,446
    863667BA8 STRYKER CORP 40,604 39,639
    7591EPAP5 REGIONS FINANCIAL CO    
    9128285Z9 US TREASURY NOTE 69,959 72,505
    172967JP7 CITIGROUP INC 66,493 63,724
    06367WHH9 BANK OF MONTREAL 42,097 41,852
    00287YAQ2 ABBVIE INC 44,617 42,537
    459200JQ5 IBM CORP    
    458140AM2 INTEL CORP 2.700% 12 39,287 40,827
    666807BM3 NORTHROP GRUMMAN COR 43,328 41,668
    581557BE4 MCKESSON CORP 3.796% 31,567 31,492
    91159HHX1 US BANCORP 82,906 82,654
    025816BS7 AMERICAN EXPRESS CO 9,907 10,289
    9128285K2 US TREASURY NOTE 2.8    
    86562MBV1 SUMITOMO MITSUI FINL 84,718 81,972
    13607RAD2 CANADIAN IMPERIAL BA 39,991 41,815
    89236TFS9 TOYOTA MOTOR CREDIT 25,801 26,177
    46625HMN7 JPMORGAN CHASE & CO 84,841 81,171
    89114QCA4 TORONTO-DOMINION BAN 66,637 67,422
    3137EAEP0 FED HOME LN MTG CORP 26,031 25,361
    00206RDC3 AT&T INC 37,756 37,358
    91324PBT8 UNITEDHEALTH GROUP 3    
    61746BDJ2 MORGAN STANLEY 3.750    
    717081DH3 PFIZER INC 3.000% 6/ 65,461 67,265
    10373QBA7 BP CAP MARKETS AMERI    
    260543CJ0 DOW CHEMICAL CO/THE    
    857477AN3 STATE STREET CORP 3. 85,170 85,159
    912828ZW3 US TREASURY NOTE 29,975 29,146
    58013MFN9 MCDONALD'S CORP 44,458 42,403
    375558AU7 GILEAD SCIENCES INC    
    256677AC9 DOLLAR GENERAL CORP 29,968 30,725
    26441CAN5 DUKE ENERGY CORP 3.7 42,629 42,005
    037833AS9 APPLE INC 3.450% 5/0 26,499 26,440
    606822AT1 MITSUBISHI UFJ FIN    
    446150AK0 HUNTINGTON BANCSHARE    
    912828U57 US TREASURY NOTE 2.1 9,788 10,268
    912828VB3 US TREASURY NOTE 1.7    
    631103AF5 NASDAQ OMX GROUP 4.2 32,381 31,867
    94973VBJ5 WELLPOINT INC 3.500% 31,544 31,679
    316773CX6 FIFTH THIRD BANCORP 37,112 36,666
    9128286G0 US TREASURY NOTE 29,756 31,017
    743315AN3 PROGRESSIVE CORP 3.7    
    14149YBF4 CARDINAL HEALTH INC    
    3137EADB2 FED HOME LN MTG CORP 49,413 50,033
    969457BU3 WILLIAMS COMPANIES 3 42,271 40,882
    437076BC5 HOME DEPOT INC 3.750    
    126650CV0 CVS HEALTH CORP    
    9128284U1 US TREASURY NOTE 2.6    
    9128286R6 US TREASURY NOTE 220,263 225,129
    92343VCR3 VERIZON COMMUNICATIO 37,012 37,242
    064159MK9 BANK OF NOVA SCOTIA 62,785 62,953
    3137EAEX3 FED HOME LN MTG CORP 14,916 14,594
    912828N30 US TREASURY NOTE 2.1    
    3135G0K69 FED NATL MTG ASSN    
    80105NAG0 SANOFI-AVENTIS 4.000    
    30040WAD0 EVERSOURCE ENERGY 35,915 36,249
    693475AX3 PNC FINANCIAL SERVIC 85,268 83,878
    166764BL3 CHEVRON CORP 86,022 84,696
    78016EZQ3 ROYAL BANK OF CANADA 49,960 49,114
    20030NBS9 COMCAST CORP 85,025 85,297
    68389XBT1 ORACLE CORP 42,221 40,937
    91282CDG3 US TREASURY NOTE 99,420 99,336
    61761J3R8 MORGAN STANLEY 81,289 79,449
    961214CX9 WESTPAC BANKING CORP 87,466 84,254
    25466AAJ0 DISCOVER BANK 29,539 28,560
    91282CCW9 US TREASURY NOTE 19,948 19,552
    37940XAE2 GLOBAL PAYMENTS INC 34,724 33,973
    91282CCZ2 US TREASURY NOTE 248,662 245,538
    91282CCF6 US TREASURY NOTE 69,958 68,562
    097023DG7 BOEING CO 45,369 44,989
    03522AAG5 ANHEUSER-BUSCH COS 50,270 48,314
    78015K7C2 ROYAL BANK OF CANADA 21,020 20,529
    02665WDZ1 AMERICAN HONDA FINAN 34,591 34,570
    91282CCN9 US TREASURY NOTE 234,789 233,155
    539830BH1 LOCKHEED MARTIN CORP 89,024 86,600

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    W TRENT RAGLAND JR FDN
    EIN:
    56-6035980
    Name of Stock End of Year Book Value End of Year Fair Market Value
    464287200 ISHARES CORE S & P 5 438,487 882,432
    256206103 DODGE & COX INTL STO 562,063 649,744
    7HF990254 STRATEGIC PARTNERS F 368,612 368,612
    3132A9RT6 FHLMC POOL #ZS8598 63,933 65,031
    56166Y636 COHO REL VALUE EQUIT 1,531,199 2,057,895
    412295107 HARDING LOEVNER INTL 506,164 730,971
    74256W485 PRINCIPAL PREFERRED 954,074 987,651
    56166Y404 TORTOISE MLP & PIPEL 557,860 539,679
    003021714 ABERDEEN EMERG MARKE 346,776 439,203
    09260C703 BLACKROCK GL L/S CRE 250,000 245,202
    00143W859 INV OPP DEVELOP MRKT 316,508 454,523
    0075W0759 EDGEWOOD GROWTH INST 887,743 2,415,136
    46653M849 JOHCM INTERNATIONAL 381,726 610,535
    46432F842 ISHARES CORE MSCI EA 1,019,530 1,293,735
    091936187 BLACKROCK DEV R/E IN 521,364 645,235
    464287408 ISHARES S&P 500 VALU 397,942 517,349
    3140X8JP3 FNMA POOL #FM4769 79,508 77,954
    7HF990236 VARDE EUROPEAN REAL 132,756 132,756
    95001FAW5 WELLS FARGO COMMERCI 43,206 41,948
    256219106 DODGE & COX STOCK FU 1,100,000 1,177,950
    74925K581 BOSTON P LNG/SHRT RE 150,000 157,176
    92828N429 VIRTUS KAR SMALL-CAP 425,000 609,762
    7HF990233 HARBERT EUROPEAN RE 199,671 199,671
    74256W584 PRINCIPAL MIDCAP FUN 425,000 497,932
    411512528 HARBOR CAPITAL APPRE 251,254 659,550
    464287804 ISHARES CORE S&P SMA 179,680 171,765
    7HF990258 BLUE VISTA RE PARTNE 100,179 109,472
    464287507 ISHARES CORE S&P MID 350,254 495,390
    413838723 OAKMARK INTERNATIONA 625,788 614,179
    7HC991753 MAGNITUDE INTERNATIO 628,787 797,258
    64128R608 NEUBERGER BERMAN LON 150,000 167,082
    7HF990294 ARROWMARK GLOBAL OPP 258,740 258,740
    922908710 VANGUARD 500 INDEX F 641,490 1,723,546
    3138WJKA5 FNMA POOL #AS8388 47,764 46,750
    56167N654 REINHART MID CAP PMV 500,000 558,030

    TY 2021 InvestmentsOtherSchedule2
    Name:
    W TRENT RAGLAND JR FDN
    EIN:
    56-6035980
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    7HC991753 MAGNITUDE INTERNATIO      
    003021714 ABERDEEN EMERG MARKE      
    464287507 ISHARES CORE S&P MID      
    412295107 HARDING LOEVNER INTL      
    0075W0759 EDGEWOOD GROWTH INST      
    00770G847 JOHCM INTERNATIONAL      
    464287408 ISHARES S&P 500 VALU      
    922908710 VANGUARD 500 INDEX F      
    46432F842 ISHARES CORE MSCI EA      
    091936187 BLACKROCK DEV R/E IN      
    09260C703 BLACKROCK GL L/S CRE      
    74256W485 PRINCIPAL PREFERRED      
    256206103 DODGE & COX INTL STO      
    56166Y636 COHO REL VALUE EQUIT      
    411512528 HARBOR CAPITAL APPRE      
    7HF990233 HARBERT EUROPEAN RE      
    7HF990236 VARDE EUROPEAN REAL      
    7HF990254 STRATEGIC PARTNERS F      
    56166Y404 TORTOISE MLP & PIPEL      
    779556406 T ROWE PR MID CAP GR      
    00143W859 INV OPP DEVELOP MRKT      
    64128R608 NEUBERGER BERMAN LON      
    3140X8JP3 FNMA POOL #FM4769      
    74256W584 PRINCIPAL MIDCAP FUN      
    7HF990294 ARROWMARK GLOBAL OPP      
    92828N429 VIRTUS KAR SMALL-CAP      
    3138WJKA5 FNMA POOL #AS8388      
    7HF990258 BLUE VISTA RE PARTNE      
    3132A9RT6 FHLMC POOL #ZS8598      
    464287200 ISHARES CORE S & P 5      

    TY 2021 LegalFeesSchedule
    Name:
    W TRENT RAGLAND JR FDN
    EIN:
    56-6035980
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 7,078     7,078


    TY 2021 OtherAssetsSchedule
    Name:
    W TRENT RAGLAND JR FDN
    EIN:
    56-6035980
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    NT7724901 THE CONSERVATION FUN   500,000 500,000


    TY 2021 OtherDecreasesSchedule
    Name:
    W TRENT RAGLAND JR FDN
    EIN:
    56-6035980
    Description Amount
    MUTUAL FUND TIMING ADJ 3,545
    POAI 1,290
    COST BASIS ADJ 1,505


    TY 2021 OtherExpensesSchedule
    Name:
    W TRENT RAGLAND JR FDN
    EIN:
    56-6035980
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSES 46,162 0   46,162
    INVESTMENT EXPENSES - ADR FEES 972 972   0
    PARTNERSHIP EXPENSES 4,580 4,580   0


    TY 2021 OtherIncomeSchedule2
    Name:
    W TRENT RAGLAND JR FDN
    EIN:
    56-6035980
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FROM PARTNERSHIP/S-CORP 19,709 19,709  


    TY 2021 OtherIncreasesSchedule
    Name:
    W TRENT RAGLAND JR FDN
    EIN:
    56-6035980
    Description Amount
    CY PENDING SALES ADJ 48
    PARTNERSHIP DISTRIBUTION ADJ 48,453


    TY 2021 TaxesSchedule
    Name:
    W TRENT RAGLAND JR FDN
    EIN:
    56-6035980
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 6,184 6,184   0
    FEDERAL TAX PAYMENT - PRIOR YE 476 0   0
    FEDERAL ESTIMATES - PRINCIPAL 8,903 0   0
    FOREIGN TAXES ON NONQUALIFIED 137 137   0