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
WATT FOSTER FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 190
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BROOKNEAL, VA24528
A Employer identification number

82-3650679
B Telephone number (see instructions)

(434) 376-2322
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$15,664,909J 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) 4,165,025
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 139,686 139,686  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 149,414
b Gross sales price for all assets on line 6a 526,196
7 Capital gain net income (from Part IV, line 2)... 149,414
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 750 0  
12 Total. Add lines 1 through 11........ 4,454,875 289,100  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,643 1,821   1,822
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,147 2,147   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 938 0   938
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,728 3,968   2,760
25 Contributions, gifts, grants paid....... 461,845 461,845
26 Total expenses and disbursements. Add lines 24 and 25 468,573 3,968   464,605
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,986,302
b Net investment income (if negative, enter -0-) 285,132
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 29,836 159,175 159,175
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 6,370,693 Click to see attachment10,438,792 14,767,735
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 819,407 Click to see attachment606,002 735,730
14 Land, buildings, and equipment: basis bullet2,269
Less: accumulated depreciation (attach schedule) bullet   0 Click to see attachment2,269 2,269
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,219,936 11,206,238 15,664,909
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........ 5,009,136 5,009,136
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 2,210,800 6,197,102
29 Total net assets or fund balances (see instructions)..... 7,219,936 11,206,238
30 Total liabilities and net assets/fund balances (see instructions). 7,219,936 11,206,238
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
7,219,936
2
Enter amount from Part I, line 27a .....................
2
3,986,302
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
11,206,238
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
11,206,238
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 FIDELITY INTL CAP APPRECIATION FUND P 2019-12-23 2021-08-10
b FIDELITY INTL CAP APPRECIATION FUND P 2019-12-23 2021-12-23
c INTEL CORP COM P 2017-12-18 2021-05-10
d FIDELITY INTL CAP APPRECIATION FUND P 2019-12-23 2021-01-06
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 75,000   56,423 18,577
b 130,000   105,880 24,120
c 112,115   91,390 20,725
d 150,000   123,089 26,911
e 59,081     59,081
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       18,577
b       24,120
c       20,725
d       26,911
e       59,081
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 2 149,414
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 3,963
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 3,963
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 1,600
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 1,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 16
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,379
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    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)
    bulletVA
    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 addressbulletwattfosterfamilyfoundation.com
    14
    The books are in care ofbulletWATT R FOSTER JR Telephone no.bullet (434) 376-2322

    Located atbulletPO BOX 190BROOKNEALVA ZIP+4bullet24528
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    WATT R FOSTER JR TRUSTEE
    0.25     		0 0 0
    PO BOX 190
    BROOKNEAL,VA24528
    JENNIFER B FOSTER TRUSTEE
    0.25     		0 0 0
    PO BOX 190
    BROOKNEAL,VA24528
    KATHERINE F ROLFE TRUSTEE
    0.25     		0 0 0
    330 PHELPS CREED RD
    GLADYS,VA24554
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    10,938,358
    b
    Average of monthly cash balances.......................
    1b
    172,989
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,111,347
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    11,111,347
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    166,670
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    10,944,677
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    547,234
    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
    547,234
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    3,963
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,963
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    543,271
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    543,271
    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
    543,271
    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 7 543,271
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018...... 9,853
    d From 2019......  
    e From 2020...... 12,010
    f Total of lines 3a through e ........ 21,863
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 464,605
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 464,605
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 21,863 21,863
    (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 ..........     		56,803
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    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:
    WATT R FOSTER JR
    PO BOX 190
    BROOKNEAL,VA24528
    (434) 376-2322
    watt.foster@fosterfuels.com
    bThe form in which applications should be submitted and information and materials they should include:
    NO FORMAL FORM. APPLICATION CAN BE MADE BY SENDING A REQUEST BY LETTER.
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N/A
    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
    Alton Baptist Church
    P O Box 6
    Alton,VA24520     		  PC Operational expenses 50
    Amazement Square
    27 Ninth St
    Lynchburg,VA24504     		  PC Board Pledge 2,500
    Amazing Grace Baptist Church
    2012 Grace Street
    Lynchburg,VA24504     		  PC Operational expenses 50
    American Red Cross Blue Ridge Chapter
    3700 Candlers Mountain Road Suite 7
    Lynchburg,VA24502     		  PC Help Can't Wait Sponsorship 500
    Amherst Cty Public Schools Ed Foundation
    P O Box 1425
    Amherst,VA24521     		  PC Operational expenses 500
    Antioch Baptist Church
    P O Box 881
    Madison,VA22727     		  PC Operational expenses 50
    Appomattox Anglican Church
    P O Box 517
    Appomattox,VA24522     		  PC Operational expenses 1,000
    Appomattox County Vol Fire Dept Inc
    P O Box 894
    Appomattox,VA24522     		  PC Operational expenses 500
    Appomattox Primary School
    185 Learning Ln
    Appomattox,VA24522     		  PC Operational expenses 500
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC The Academy Center of the Arts / Contribution 100
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC Park View Community Mission / 8/30/21 660
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC School Supplies / Dollar General / 8/7/21 49
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC Back Packs / Walmart / 7/21/21 460
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC Back to School Supplies / Dollar General / 8/2/21 39
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC Beam / Dollar General / 8/2/21 14
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC Coats for Coat Drive / Goodwill 48
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC Beam / Food Lion 134
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC Backbacks for Local Schools / Walmart 590
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC Charlotte County Board of Supervisors / Contribution Water Purchase during Ice Storm 2,744
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC Beam / Sheetz 40
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC Vector Space 582
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC Boxes for Coat Drive / UPS / 7/29/21 251
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC Schools Supplies / Backpacks / Dollar General / 7/20/21 156
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC School Supplies / Back Packs / Dollar General / 8/5/21 17
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC Camp Kum-Ba-Yah 100
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC LCA / Target 525
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC Meals on Wheels 95
    BB&T
    P O Box 580340
    Charlotte,NC282580340     		  PC LCA Teacher Sponsor / Monthly / Bacon Street Bagels / 8/10/21 200
    Beacon of Hope Lynchburg
    P O Box 1261
    Lynchburg,VA24505     		  PC Operational expenses 2,000
    BEAM Ministries
    2273 Sugar Hill Rd
    Brookneal,VA24528     		  PC Operational expenses 100
    Bedford County Sheriff's Dept
    1345 Falling Creek Road
    Bedford,VA24523     		  PC Operational expenses 2,000
    Bedford Elementary School
    806 Tiger Trail
    Bedford,VA24523     		  PC Operational expenses 500
    Berry Hill Baptist Church
    1100 River Road
    South Boston,VA24592     		  PC In Honor of Kenneth Hodges 100
    Bethel Baptist Church
    1758 Timberlake Dr
    Lynchburg,VA24502     		  PC Operational expenses 100
    Bethel Baptist Church
    131 Old Well Road
    Phenix,VA23959     		  PC In Memory of Dot Foster 50
    Bethel United Methodist Church
    4006 Spring Valley Road
    Afton,VA22920     		  PC Operational expenses 50
    Beulah Baptist Church
    1302 Lewis Ford Rd
    Brookneal,VA24528     		  PC Operational expenses 50
    Blue Ridge Church of the Bretheren
    P O Box 506
    Blue Ridge,VA24064     		  PC Operational expenses 50
    Blue Ridge Community Church
    2361 New London Rd
    Forest,VA24551     		  PC 0-52005-04 Skyler Childress 50
    Blue Ridge Community Church
    2361 New London Rd
    Forest,VA24551     		  PC Operational expenses 50
    Blue Ridge Pregnancy Center
    1915 Thomson Drive
    Lynchburg,VA24501     		  PC Operational expenses 1,000
    Boys & Girls Club of Lynchburg
    1101 Madison St
    Lynchburg,VA24504     		  PC Operational expenses 5,000
    Branch Baptist Church
    P O Box 491
    Rustburg,VA24588     		  PC Operational expenses 50
    Bread of Life Baptist Church
    208 Kingsway Rd
    Rustburg,VA24588     		  PC Operational expenses 50
    Briery Presbyterian Church
    P O Box 629
    Keysville,VA23947     		  PC Operational expenses 50
    Brookneal Baptist Church
    P O Box 366
    Brookneal,VA24528     		  PC Operational expenses 500
    Brookneal Baptist Church
    P O Box 366
    Brookneal,VA24528     		  PC In Memory of Rick Bowe 100
    Brookneal Baptist Church
    P O Box 366
    Brookneal,VA24528     		  PC Operational expenses 250
    Brookneal Baptist Church
    P O Box 366
    Brookneal,VA24528     		  PC Pre-school Contribution 1,500
    Brookneal Baptist Church
    P O Box 366
    Brookneal,VA24528     		  PC Operational expenses 5,000
    Brookneal Dixie Girls Softball
    P O Box 65
    Brookneal,VA24528     		  PC Operational expenses 1,500
    Brookneal Dixie Youth Baseball
    P O Box 175
    Brookneal,VA24528     		  PC In Memory of Gary Colbert 250
    Brookneal Dixie Youth Baseball
    P O Box 175
    Brookneal,VA24528     		  PC Operational expenses 500
    Brookneal Presbyterian Church
    354 Juniper Cliff Rd
    Brookneal,VA24528     		  PC Operational expenses 50
    Brookneal United Methodist Church
    P O Box 236
    Brookneal,VA24528     		  PC Operational expenses 100
    Brookneal Volunteer Fire Dept
    Box 590
    Brookneal,VA24528     		  PC Operational expenses 1,500
    Brown Memorial Church
    P O Box 207
    Halifax,VA24558     		  PC Operational expenses 50
    Burning Bush Church of God
    17716 Brookneal Hwy
    Brookneal,VA24528     		  PC Operational expenses 50
    Calvary Baptist Altavista
    P O Box 540
    Altavista,VA24517     		  PC Operational expenses 50
    Calvery Chapel Lynchburg
    20722 Timberlake Rd
    Lynchburg,VA24502     		  PC Operational expenses 75
    Camp Kum Bah Yah
    4415 Boonsboro Rd
    Lynchburg,VA24503     		  PC Mathis / Contribution 250
    Camp Sea Gull Seafarer
    801 Corporate Center Drive Suite
    200
    Raleigh,NC27607     		  PC Operational expenses 2,000
    Campbell County Cattlemen's Association
    PO Box 175
    Long Island,VA24569     		  PC Operational expenses 100
    Campbell County Dept of Social Services
    P O Box 860
    Rustburg,VA24588     		  PC Thanksgiving & Christmas Donation 500
    Campbell County Educational Foundation
    P O Box 99
    Rustburg,VA24588     		  PC Operational expenses 1,000
    Campbell County Historical Society
    P O Box 595
    Rustburg,VA24588     		  PC In Memory of William H. "Buzzy" Overbey 500
    Campbell County Sheriff's Dept
    87 Courthouse Lane
    Rustburg,VA24588     		  PC Operational expenses 10,000
    Carter Craft Foundation
    2101 Graves Mill Road
    Forest,VA24551     		  PC Captain's Choice 800
    CASA of Central Virginia Inc
    P O Box 11373
    Lynchburg,VA245061373     		  PC Operational expenses 5,000
    Catawba Baptist Church
    P O Box 128
    Nathalie,VA24577     		  PC Operational expenses 50
    Centra College
    905 Lakeside Drive Ste A
    Lynchburg,VA24501     		  PC Lauren Keller / Scholarship / ID#CH01035 1,000
    Centra Foundation
    1920 Atherholt Road
    Lynchburg,VA24501     		  PC 2021 Centra Society Sponsorship Commitment 25,000
    Centra Foundation
    1920 Atherholt Road
    Lynchburg,VA24501     		  PC Operational expenses 50,000
    Centra Foundation
    1920 Atherholt Road
    Lynchburg,VA24501     		  PC Nursing Scholarship 5,000
    Central Virginia Community College
    3506 Wards Road
    Lynchburg,VA24502     		  PC Crystal Hedrick - Student ID 7644895 1,000
    Central Virginia Community College
    3506 Wards Road
    Lynchburg,VA24502     		  PC Herman Mays / Scholarship / ID#7840112 1,000
    Central Virginia Community College
    3506 Wards Road
    Lynchburg,VA24502     		  PC Shane McCorkle - Student ID 7873575 1,000
    Central Virginia Community College
    3506 Wards Road
    Lynchburg,VA24502     		  PC Joseph St John / ID#7444700 / WCHS Scholarship 1,500
    Charlotte County Dixie Youth Softball
    4475 Hwy 59
    Keysville,VA23947     		  PC CC Darlings 250
    Charlotte County Meals on Wheels
    P O Box 486
    Keysville,VA23947     		  PC Operational expenses 1,500
    Charlotte County Sheriff's Dept
    222 Law Lane
    Charlotte CH,VA23923     		  PC Operational expenses 2,000
    Charlotte County Sheriff's Dept
    222 Law Lane
    Charlotte CH,VA23923     		  PC Operational expenses 500
    Charlotte County Sheriff's Dept
    222 Law Lane
    Charlotte CH,VA23923     		  PC Operational expenses 3,000
    Charlotte County Social Services
    P O Box 440
    Charlotte CH,VA23923     		  PC Operational expenses 2,000
    Childrey Baptist Church
    3149 Acorn Road
    Nathalie,VA24577     		  PC Operational expenses 500
    Childrey Baptist Church
    3149 Acorn Road
    Nathalie,VA24577     		  PC Operational expenses 250
    Church of God Lynchburg
    777 Leesville Rd
    Lynchburg,VA24502     		  PC Operational expenses 75
    Clarksville Elementary School
    1696 Noblin Farm Rd
    Clarksville,VA23927     		  PC Operational expenses 500
    Clifford Baptist Church
    635 Fletchers Level Road
    Amherst,VA24521     		  PC Operational expenses 100
    Clover Bottom Baptist Church
    7042 Stage Coach Rd
    Nathalie,VA24577     		  PC Operational expenses 50
    College Presbyterian Church
    P O Box 13
    Hampden Sydney,VA23943     		  PC Operational expenses 50
    Commonwealth Christian Community Church
    140 Patterson Mill Lane
    Crozet,VA22932     		  PC Operational expenses 50
    Coolwell Presbyterian Church
    P O Box 698
    Amherst,VA24521     		  PC Operational expenses 50
    Cornerstone Baptist Church
    190 Big Rock Road
    Tyro,VA22976     		  PC Operational expenses 50
    Crozet Elementary School
    1407 Crozet Ave
    Crozet,VA22932     		  PC Operational expenses 500
    Cullen Baptist Church
    P O Box 62
    Cullen,VA23934     		  PC Operational expenses 75
    Cypress Springs Church of God
    4131 Birch-Elm
    South Boston,VA24592     		  PC Operational expenses 50
    Danville Community College
    1008 South Main Street
    Danville,VA24541     		  PC Kirsten Wellons / Scholarship / ID#7227023 1,000
    DAWN - Altavista
    1163 Wards Road
    Altavista,VA24517     		  PC Operational expenses 50
    Downtown Lynchburg Association
    901 Church St Suite 103
    Lynchburg,VA24504     		  PC Art Alley Project / Contribution 2,500
    Ebenezer Baptist Church
    267 Ebenezer Road
    Gladys,VA24554     		  PC Operational expenses 500
    Ebenezer Baptist Church
    267 Ebenezer Road
    Gladys,VA24554     		  PC Operational expenses 50
    Elizabeth's Early Learning Center
    2320 Bedford Ave
    Lynchburg,VA24503     		  PC Operational expenses 5,000
    Emmanuel Baptist Church
    174 Fox Grape Lane
    Amherst,VA24521     		  PC Operational expenses 100
    Emory and Henry College
    P O Box 947
    Emory,VA24327     		  PC Zekeya Townes / ID#566131 / WCHS Scholarship 500
    Eureka Elementary School
    315 Eureka School Rd
    Keysville,VA23947     		  PC Operational expenses 500
    Faith Christian Academy
    361 Main Street
    Hurt,VA24563     		  PC Operational expenses 500
    Falling River Baptist Church
    2874 Wickliffe Rd
    Brookneal,VA24528     		  PC Operational expenses 75
    Family Life Christian Church
    22059 Timberlake Rd
    Lynchburg,VA24502     		  PC Operational expenses 150
    Fellowship Church of Christ
    1816 Bedford Ave
    Lynchburg,VA24504     		  PC Operational expenses 75
    Fellowship Community Church
    P O Box 1192
    Brookneal,VA24528     		  PC Operational expenses 75
    Ferrum College
    P O Box 1000
    Ferrum,VA24088     		  PC Joseph Walker / Scholarship / ID#1003310 1,000
    First Baptist Church
    P O Box 282
    Appomattox,VA24522     		  PC Operational expenses 50
    Flint Hills Baptist Church
    8997 Dickerson Mill Rd
    Moneta,VA24121     		  PC Operational expenses 50
    Forest Volunteer Fire Department
    P O Box 140
    Forest,VA24551     		  PC Operational expenses 1,000
    Free Clinic of Central Virginia
    1016 Main Street
    Lynchburg,VA24504     		  PC Operational expenses 2,000
    Freedom 424
    2306 Bedford Ave
    Lynchburg,VA24503     		  PC Operational expenses 500
    Friends of the Forest Library
    15583 Forest Road
    Forest,VA24551     		  PC Operational expenses 500
    Gatewood Baptist Church
    182 Gatewood Road
    Providence,NC27315     		  PC Operational expenses 75
    Georgia Institute of Technology
    225 North Avenue NW
    Atlanta,GA303320460     		  PC Andrew Flint - Student ID XXX-XX-XXXX 1,000
    Girls on the Run of Central Virginia
    1717 12th Street
    Lynchburg,VA24501     		  PC Operational expenses 1,000
    Giving Day Scholarship Fund-School of Edu
    1971 University Blvd
    Lynchburg,VA24515     		  PC Operational expenses 1,000
    Giving Words Inc
    P O Box 1211
    Louisa,VA23093     		  PC Operational expenses 250
    Gleaning for the World
    7539 Stage Road
    Concord,VA24538     		  PC Operational expenses 2,500
    Glenn Memorial Baptist Church
    146 Harris Creek Road
    Prospect,VA23960     		  PC Operational expenses 50
    Go Send Me Global
    P O Box 913106
    Sherman,TX75091     		  PC Operational expenses 750
    Good Shepherd Episcopal Church
    5155 Earlysville Rd
    Earlysville,VA22936     		  PC Operational expenses 50
    Goodview Baptist Church
    P O Box 41
    Goodview,VA24095     		  PC Operational expenses 75
    Grace Baptist Church
    1058 Buckshoal Rd
    Virgilina,VA24598     		  PC Operational expenses 50
    Grace Baptist Church MH
    P O Box 1270
    Madison Heights,VA24572     		  PC Operational expenses 50
    Greater Lynchburg Community Foundation
    1100 Commerce St
    Lynchburg,VA24504     		  PC Scholarship 10,000
    Green Spring Baptist Church
    Box 117
    Brookneal,VA24528     		  PC Operational expenses 75
    Greenfield Baptist
    P O Box 875
    Gretna,VA24557     		  PC Operational expenses 50
    Gretna Youth Sports
    P O Box 426
    Chatham,VA24531     		  PC Operational expenses 250
    Halifax Co VA STEM Academy
    P O Box 1849
    Halifax,VA24558     		  PC Operational expenses 500
    Hardware Baptist Church
    2471 Red Hill Rd
    North Garden,VA22959     		  PC Operational expenses 75
    Harvest Outreach
    P O Box 4
    Gladys,VA24554     		  PC Operational expenses 50
    Hat Creek Presbyterian Church
    188 Mebbs Way
    Brookneal,VA24528     		  PC Operational expenses 2,500
    Hat Creek Presbyterian Church
    188 Mebbs Way
    Brookneal,VA24528     		  PC Operational expenses 75
    Hebron Baptist Church
    66 Tanbank Drive
    Afton,VA22920     		  PC Operational expenses 75
    Hebron Methodist Church
    2324 Hebron Church Road
    Randolph,VA23962     		  PC Operational expenses 50
    Heritage Baptist Church
    219 Breezewood Drive
    Lynchburg,VA24502     		  PC Operational expenses 100
    Heritage United Methodist Church
    582 Leesville Rd
    Lynchburg,VA24502     		  PC Operational expenses 50
    Holiday Lake 4-H Center
    1267 4-H Camp Rd
    Appomattox,VA24522     		  PC Donation Shooting Education 5,000
    Hollywood Baptist Church
    6564 Hollywood Rd
    Appomattox,VA24522     		  PC Operational expenses 50
    Hollywood Baptist Church Chatham
    6405 Callands Rd
    Chatham,VA24531     		  PC Operational expenses 50
    Holy Trinity Lutheran Church
    1000 Langhorn Rd
    Lynchburg,VA24503     		  PC Operational expenses 50
    Hope Company Church
    742 Leesville Rd
    Lynchburg,VA24502     		  PC Operational expenses 75
    Hope Partners International
    P O Box 55056
    St Petersburg,FL33732     		  PC Costa Rica 75
    HopeDriven
    5088 Orchard Hill Road
    Roanoke,VA24019     		  PC Aug & Sept Car Show 200
    HopeDriven
    5088 Orchard Hill Road
    Roanoke,VA24019     		  PC Operational expenses 400
    Howard University
    2400 6th Street NW Ste 115
    Washington,DC20059     		  PC Cyrus Gibson - Student ID 2961779 1,000
    Huddleston Fire Dept
    P O Box 436
    Huddleston,VA24104     		  PC Operational expenses 250
    Huddleston Life Saving Crew
    P O Box 77
    Huddleston,VA24104     		  PC Operational expenses 250
    Huddleston United Methodist
    3040 Smith Mountain Lake Pkwy
    Huddleston,VA24104     		  PC Operational expenses 75
    Human Kind
    150 Linden Ave
    Lynchburg,VA24503     		  PC Operational expenses 5,000
    Hunting Creek Baptist Church
    4055 Hunting Creek Road
    Nathalie,VA24577     		  PC Operational expenses 50
    Hyland Heights Baptist Church
    11452 Wards Road
    Rustburg,VA24588     		  PC Operational expenses 150
    Impact Church - Forest Inc
    1538 Sycamore Creek Dr
    Goode,VA24556     		  PC Operational expenses 300
    Iron & Ale
    106 Cornerstone St
    Lynchburg,VA24502     		  PC Meals for the COVID nurses 1,832
    Iron Dog SCAR Inc
    P O Box 145
    Lovingston,VA229490145     		  PC Operational expenses 500
    James Madison University
    738 South Mason Street
    Harrisonburg,VA22807     		  PC Amanic Brown / ID#XXX-XX-XXXX / Scholarship 1,000
    James Madison University
    738 South Mason Street
    Harrisonburg,VA22807     		  PC Amaya Jackson / ID#XXX-XX-XXXX / Scholarship 1,000
    James Madison University
    738 South Mason Street
    Harrisonburg,VA22807     		  PC Kaden Dupree / ID#XXX-XX-XXXX / Scholarship 1,000
    James Madison University
    738 South Mason Street
    Harrisonburg,VA22807     		  PC Ana Venters / ID#XXX-XX-XXXX / Scholarship 1,000
    James Madison University
    738 South Mason Street
    Harrisonburg,VA22807     		  PC Asya Jennings / ID#XXX-XX-XXXX / Scholarship 1,000
    Jehovah Witness Kingdom Hall
    701 Railroad Ave
    Bedford,VA24523     		  PC Operational expenses 50
    Jeters Chapel Church
    11700 Hardy Road
    Hardy,VA24101     		  PC Operational expenses 50
    Jubilee Family
    1512 Florida Ave
    Lynchburg,VA24501     		  PC Operational expenses 1,000
    Jubilee Family
    1512 Florida Ave
    Lynchburg,VA24501     		  PC Operational expenses 5,000
    Kedron Baptist Church
    P O Box 38
    Gladys,VA24554     		  PC Operational expenses 50
    Kedron Baptist Church
    P O Box 38
    Gladys,VA24554     		  PC In Memory of Frank Hodnett 500
    Kentuck Elementary School
    100 Kentuck Elem Cir
    Ringgold,VA24586     		  PC Operational expenses 500
    Kerns Memorial United Methodist Church
    3172 Hackberry Rd
    Sutherlin,VA24594     		  PC Operational expenses 50
    Keysville Youth Association
    PO Box 981
    Keysville,VA23947     		  PC 11-12 Baseball Team 250
    KidFit
    863 Church Street
    Lynchburg,VA24504     		  PC Operational expenses 1,500
    Lady Dukes East
    411 Old Pocket Rd
    Lynch Station,VA24571     		  PC Silver Donor / Contribution 250
    Lake Christian Ministries
    13157 S Old Moneta Rd
    Moneta,VA24121     		  PC Operational expenses 1,000
    Lake Christian Ministries
    13157 S Old Moneta Rd
    Moneta,VA24121     		  PC Operational expenses 50
    Lakewood Community Church
    129 Clarks Mill Rd
    Ringgold,VA24517     		  PC Operational expenses 50
    Lawyers Missionary Baptist Church
    225 Missionary Manor
    Lynchburg,VA24501     		  PC Operational expenses 50
    LCA
    3701 Candlers Mountain Rd
    Lynchburg,VA24502     		  PC Operational expenses 500
    LCA
    3701 Candlers Mountain Rd
    Lynchburg,VA24502     		  PC Geoffrey Isom 1,000
    LCA
    3701 Candlers Mountain Rd
    Lynchburg,VA24502     		  PC Bulldog Invitational / Track & Field Contribution 1,500
    LCA
    3701 Candlers Mountain Rd
    Lynchburg,VA24502     		  PC Johnathan Thompson 2021-2022 Tuition and Fees Inv#1 2,270
    Lebanon Methodist Church
    103 Moss Creek Dr Apt 101
    Forest,VA24551     		  PC Operational expenses 50
    Liberty Baptist Church
    P O Box 485
    Appomattox,VA24522     		  PC Operational expenses 75
    Liberty Godparent
    124 Liberty Mountain Drive
    Lynchburg,VA24502     		  PC Operational expenses 5,000
    Liberty University
    P O Box 10425
    Lynchburg,VA24506     		  PC Daniel Z. Isaacs ID#L31772188 / WC Scholarship 1,000
    Liberty University
    P O Box 10425
    Lynchburg,VA24506     		  PC Kaley Henry / ID#L29497220 / Scholarship 1,000
    Liberty University
    P O Box 10425
    Lynchburg,VA24506     		  PC Kevin Hunter / ID#L29165014 / Scholarship 1,000
    Liberty University
    P O Box 10425
    Lynchburg,VA24506     		  PC Christian Grutz / ID#L30978549/ Scholarship 1,000
    Liberty University Flames Club
    P O Box 10425
    Lynchburg,VA24506     		  PC Flames Club 5,000
    Liberty University Flames Club
    P O Box 10425
    Lynchburg,VA24506     		  PC Flames Club Arch 10,000
    Liberty University School of Law
    P O Box 10425
    Lynchburg,VA24506     		  PC Foster Scholarship 10,000
    Liberty University School of Music
    P O Box 10425
    Lynchburg,VA24506     		  PC Foster Scholarship 10,000
    Living Word Baptist Church
    4130 Waterlick Rd
    Forest,VA24551     		  PC Operational expenses 50
    Longwood University
    201 High Street
    Farmville,VA23909     		  PC WC Scholorship / Kaylee Bomar / ID#L00443818 1,500
    Longwood University
    201 High Street
    Farmville,VA23909     		  PC Laurie Mann / Scholorship / ID#L00443271 1,000
    Lynchburg Grows
    1339 Englewood Street
    Lynchburg,VA24501     		  PC Operational expenses 5,000
    Lynchburg Police Foundation
    905 Court Street
    Lynchburg,VA24504     		  PC Operational expenses 5,000
    Marble Hill Church of God
    13838 Farmville Road
    Meherrin,VA23954     		  PC Operational expenses 50
    Maysville Baptist Church
    P O Box 26
    Buckingham,VA23921     		  PC Operational expenses 100
    Meals on Wheels
    P O Box 1388
    Lynchburg,VA24505     		  PC Operational expenses 2,000
    Meals on Wheels
    P O Box 1388
    Lynchburg,VA24505     		  PC Operational expenses 1,500
    Midway Baptist Church
    2595 Midway Road
    Phenix,VA23959     		  PC Operational expenses 250
    Miller Home for Girls
    2134 Westerly Drive
    Lynchburg,VA24501     		  PC Operational expenses 5,000
    Miriam's
    409 Magnolia Street
    Lynchburg,VA24503     		  PC Operational expenses 5,000
    Moneta Elementary School
    12718 N Old Moneta Rd
    Moneta,VA24121     		  PC Operational expenses 500
    Mount Hemon Baptist Church
    3275 Jopling Rd
    Bedford,VA24523     		  PC Operational expenses 75
    Mount Hermon Baptist
    4385 Franklin Turnpike
    Danville,VA24540     		  PC Operational expenses 75
    Mountain View Church of God
    1010 Grand Oaks Dr
    Forest,VA24551     		  PC Operational expenses 50
    Mountain View United Methodist Church
    P O Box 543
    Forest,VA24551     		  PC Operational expenses 75
    Mt Moriah Church
    P O Box 220
    White Hall,VA22987     		  PC Operational expenses 50
    Mt Pleasant CME Church
    7184 Mountain Road
    Halifax,VA24558     		  PC Operational expenses 50
    Mt Ed Baptist Church
    P O Box 237
    Batesville,VA22924     		  PC Operational expenses 50
    MudKats Elite
    P O Box 162
    Brookneal,VA24528     		  PC Operational expenses 250
    Museville Christian Church
    5664 Anderson Mill Rd
    Chatham,VA24531     		  PC Operational expenses 50
    National Center for Healthy Veterans
    13 Hillway Drive
    Round Rock,TX78664     		  PC Operational expenses 5,000
    National D-Day Memorial
    P O Box 77
    Bedford,VA24523     		  PC In Memory of Curtis Hamlett 250
    Nazareth Baptist Church
    346 Addie Way
    Lynchburg,VA24501     		  PC Operational expenses 100
    Nelson County FFA
    6919 Thomas Nelson Hwy
    Lovingston,VA22949     		  PC Operational expenses 250
    Nelson County High School
    6919 Thomas Nelson Hwy
    Lovingston,VA22949     		  PC Operational expenses 500
    New Chapel Baptist Church
    P O Box 515
    Rustburg,VA24588     		  PC Operational expenses 75
    New Covenant Pentecostal Church
    1512 Antoinette Ave Apt B
    Charlottesville,VA22903     		  PC Operational expenses 50
    New Hope Baptist Church
    6227 Old Court House Rd
    Appomattox,VA24522     		  PC Operational expenses 50
    New Vista School
    520 Elder Street
    Lynchburg,VA24501     		  PC In Honor of April Farmer / Contribution 1,000
    North Halifax Volunteer Fire Dept
    4201 Leda-Grove Road
    Nathalie,VA24577     		  PC Operational expenses 50
    Oak Hill Baptist Church
    P O Box 62
    Lovingsston,VA22949     		  PC Operational expenses 50
    Oakdale Baptist Church
    1154 Brightwell Mill Rd
    Madison Heights,VA24572     		  PC Operational expenses 50
    One Community One Voice
    P O Box 1253
    Lynchburg,VA24505     		  PC Operational expenses 2,800
    ONE Forest School
    4808 Smith Mtn Lake Pkwy
    Huddleston,VA24104     		  PC Operational expenses 250
    Palestine Baptist Church
    9244 Smith Mountain Lake Pkwy
    Huddleston,VA24104     		  PC Operational expenses 75
    Park View Community Mission
    2420 Memorial Ave
    Lynchburg,VA24501     		  PC Operational expenses 1,000
    Park View Community Mission
    2420 Memorial Ave
    Lynchburg,VA24501     		  PC Operational expenses 2,500
    Patrick Henry Memorial Foundation
    1250 Red Hill Road
    Brookneal,VA24528     		  PC Operational expenses 5,000
    Payneton United Methodist Church
    P O Box 687
    Gretna,VA24557     		  PC Operational expenses 75
    Piedmont Baptist Church
    P O Box 593
    Crozet,VA22932     		  PC Operational expenses 75
    Piedmont Community Impact
    P O Box 187
    Gladys,VA24554     		  PC Operational expenses 100
    Piedmont VA Community College
    501 College Drive
    Charlottesville,VA22902     		  PC Alexandra Leake / Scholarship / ID#7575212 1,000
    Pittsylvania Cty Youth Livestock Assoc
    19783 US Hwy 29 South Ste C
    Chatham,VA24531     		  PC Operational expenses 1,000
    Portico Church
    981 2nd St SE
    Charlottesville,VA22902     		  PC Operational expenses 50
    Prayer of Faith Temple
    3100 Hill Street
    Lynchburg,VA24501     		  PC Operational expenses 50
    Prestonwood Baptist Church
    6801 W Park Blvd
    Plano,TX75093     		  PC Operational expenses 50
    Providence Baptist Church
    P O Box 82
    Red House,VA23963     		  PC Operational expenses 50
    Rainbow Forest Baptist Church
    1338 Rainbow Forest Dr
    Troutville,VA24175     		  PC Operational expenses 100
    Randolph College
    2500 Rivermont Avenue
    Lynchburg,VA245031526     		  PC Dylan Tate / Scholorship / ID#0000473131 1,000
    Randolph Henry High School
    P O Box 668
    Charlotte C H,VA23923     		  PC Operational expenses 500
    Rising Sun Baptist Church
    3280 Old Lynchburg Rd
    North Garden,VA22959     		  PC Operational expenses 50
    Rivermont Baptist Church
    400 Fauquier Street
    Lynchburg,VA24503     		  PC Operational expenses 50
    Rivermont Presbyterian Church
    2424 Rivermont Ave
    Lynchburg,VA24503     		  PC Operational expenses 50
    Rockfish Valley Baptist Church
    P O Box 311
    Nellysford,VA22958     		  PC Operational expenses 50
    Rotary Club of Forest Foundation
    P O Box 173
    Forest,VA24551     		  PC Field of Honor 2021 Stars & Strips Sponsorship 2,500
    Round Pond Baptist Church
    11293 Toshes Rd
    Sandy Level,VA24161     		  PC Operational expenses 75
    RS Payne School
    1201 Floyd Street
    Lynchburg,VA24501     		  PC Operational expenses 500
    Rustburg Dixie Youth Baseball
    P O Box 521
    Rustburg,VA24588     		  PC Rustburg Dixie Youth /June 2021 200
    Rustburg Dixie Youth Baseball
    P O Box 521
    Rustburg,VA24588     		  PC World Series 250
    Rustburg High School
    P O Box 830
    Rustburg,VA24588     		  PC Operational expenses 500
    Rustburg Middle School
    P O Box 130
    Rustburg,VA24588     		  PC RMS-Summer School Contribution 500
    Rustburg Ruritan
    P O Box 161
    Rustburg,VA24588     		  PC Christmas Toy Drive 500
    Sandy Level Baptist Church
    10817 West Gretna Rd
    Sandy Level,VA24161     		  PC Operational expenses 75
    Second Baptist Church
    P O Box 568
    Clarksville,VA23927     		  PC Operational expenses 50
    Second St Paul Baptist Church
    P O Box 88
    Lynch Station,VA24571     		  PC Operational expenses 50
    Southside Dairy Association
    2625 Oxford Road
    Chatham,VA24531     		  PC Operational expenses 1,000
    Southside VA Community College
    200 Daniel Road
    Keysville,VA23947     		  PC Caleb Shook / Scholarship / ID#6541814 1,000
    St John's Episcopal Church
    208 Elmwood Ave
    Lynchburg,VA24503     		  PC In Memory of Elias Richards III 250
    St Martha Catholic Church
    4301 Wooldridge Pkwy
    Porter,TX77365     		  PC Operational expenses 75
    St Thomas Episcopal Church
    P O Box 695
    Bedford,VA24523     		  PC Operational expenses 75
    St Victoria Catholic Church
    P O Box 640
    Hurt,VA24563     		  PC Operational expenses 50
    St Jude Children's Research Hospital
    501 St Jude Place
    Memphis,TN381059956     		  PC Operational expenses 1,000
    State Fair of Virginia Inc
    P O Box 130
    Doswell,VA23047     		  PC Sale of Champions Donation 1,000
    Staunton Baptist Church
    P O Box 131
    Huddleston,VA24104     		  PC Operational expenses 75
    Staunton River Baptist Church
    1742 Wickliffe Rd
    Brookneal,VA24528     		  PC Operational expenses 75
    Staunton River High School
    1095 Golden Eagle Drive
    Moneta,VA24121     		  PC FFA Convention / Contribution 250
    Staunton River Masonic Lodge
    P O Box 155
    Brookneal,VA24528     		  PC Operational expenses 195
    Summerdean Church of the Brethren
    6604 Plantation Rd
    Hollins,VA24019     		  PC Operational expenses 50
    Sydnor Jennings Elementary
    1011 Sydnor Jennings Rd
    Nathalie,VA24577     		  PC Fall Festival 100
    Sylvain Melloul International
    3405 Candlers Mountain Rd G-360
    Lynchburg,VA24502     		  PC Scholarship for Mary Michael Colbert 1,500
    The Academy Center of the Arts
    600 Main Street
    Lynchburg,VA24504     		  PC 2021 Annual Fund-Gala / Inv#85783 5,000
    The Academy Center of the Arts
    600 Main Street
    Lynchburg,VA24504     		  PC Operational expenses 20,000
    The Academy Center of the Arts
    600 Main Street
    Lynchburg,VA24504     		  PC Endowment 5,000
    The Central VA Foundation for Ec Ed & Imp
    2015 Memorial Ave
    Lynchburg,VA24501     		  PC Part of te $50,000.00 Campaign / Year 2 10,000
    The Greater Lynchburg Comm Foundation
    1100 Commerce Street
    Lynchburg,VA24504     		  PC Sponsorship 1,500
    The Lighthouse Community
    1310 Church Street
    Lynchburg,VA24504     		  PC Operational expenses 2,500
    Thessalonia Baptist Church
    677 Thessalonia Rd
    Bremo Bluff,VA23022     		  PC Operational expenses 50
    Thomas Road Baptist Church
    P O Box 4303
    Lynchburg,VA24502     		  PC Operational expenses 5,000
    Thomas Road Baptist Church
    P O Box 4303
    Lynchburg,VA24502     		  PC Operational expenses 150
    Thomas Road Baptist Church
    P O Box 4303
    Lynchburg,VA24502     		  PC Operational expenses 500
    Thomas Terrace Baptist
    10660 Richmond Hwy
    Lynchburg,VA24504     		  PC Operational expenses 75
    Timberlake United Methodist Church
    21649 Timberlake Rd
    Lynchburg,VA24502     		  PC Operational expenses 75
    Tomahawk Elementary School
    155 Bee Dr
    Lynchburg,VA24502     		  PC Operational expenses 500
    Transformation Baptist Church
    3576 Grit Road
    Hurt,VA24563     		  PC Operational expenses 100
    Transformation Baptist Church
    3576 Grit Road
    Hurt,VA24563     		  PC Operational expenses 500
    Transformation Baptist Church
    3576 Grit Road
    Hurt,VA24563     		  PC Operational expenses 1,000
    Tree of Life Ministries
    2812 Greenview Dr
    Lynchburg,VA24502     		  PC In Memory of Roy Neighbors 100
    Trinity United Methodist Church
    P O Box 37
    North Garden,VA22959     		  PC Operational expenses 50
    TRO
    1 Mountain View Road
    Lynchburg,VA24502     		  PC Operational expenses 10,000
    Truist Bank
    P O Box 580340
    Charlotte,NC282580340     		  PC M4K Lynchburg / 11/17/21-12/14/21 5,856
    Truist Bank
    P O Box 580340
    Charlotte,NC282580340     		  PC Academy Center of Fine Arts / 9/20/21 2,820
    Truist Bank
    P O Box 580340
    Charlotte,NC282580340     		  PC M4K Lynchburg / 11/7/21-11/15/21 3,130
    Truist Bank
    P O Box 580340
    Charlotte,NC282580340     		  PC Lynchburg Symphony Orchestra / Moore Giles One / 9/30/21 100
    Truist Bank
    P O Box 580340
    Charlotte,NC282580340     		  PC Park View Comm Mission 238
    Twin Springs Elementary School
    100 Twin Springs Elem Cir
    Danville,VA24540     		  PC Operational expenses 500
    UMW Trinity Methodist Church
    409 Arnett Blvd
    Danville,VA24540     		  PC Operational expenses 50
    Union Chapel Baptist Church
    4433 Shiney Rock Rd
    Clarksville,VA23927     		  PC Operational expenses 50
    Union Church
    810 Main Street
    Danville,VA24541     		  PC Operational expenses 50
    United Baptist Church
    P O Box 164
    Hurt,VA24563     		  PC Operational expenses 50
    University of Alabama
    301 Sparkman Drive
    Huntsville,AL35899     		  PC Samuel Owen / Scholarship / ID#25300943 / Scholarship 1,000
    University of Lynchburg
    1501 Lakeside Dr
    Lynchburg,VA245013113     		  PC WC Scholarship for Ella Puckett / XXX-XX-XXXX 1,500
    University of Lynchburg
    1501 Lakeside Dr
    Lynchburg,VA245013113     		  PC Patricia Rogers / Scholarship / #XXX-XX-XXXX 1,000
    Vector Space
    402 Fifth Street
    Lynchburg,VA24504     		  PC Operational expenses 5,000
    Vector Space
    402 Fifth Street
    Lynchburg,VA24504     		  PC Operational expenses 1,500
    Victory Baptist Church
    P O Box 834
    Appomattox,VA24522     		  PC Operational expenses 75
    Victory Praise Fellowship
    101 Scenic Dr
    Vinton,VA24179     		  PC Operational expenses 50
    Virginia Commonwealth University
    1015 Floyd Ave
    Richmond,VA232843026     		  PC Amaya Turner - Student ID V01001907 1,000
    Virginia Commonwealth University
    1015 Floyd Ave
    Richmond,VA232843026     		  PC Sophia Rosado - Student ID V00948903 1,000
    Virginia Farm Bureau Holding Corporation
    P O Box 130
    Doswell,VA23047     		  PC State Fair of VA 2,500
    Virginia Tech
    Student Serv Building Ste 150 VA
    Tech 800 Washington St SW
    Blacksburg,VA24061     		  PC Kalie Caldwell / Scholarship / ID#XXX-XX-XXXX 1,000
    Virginia Tech
    Student Serv Building Ste 150 VA
    Tech 800 Washington St SW
    Blacksburg,VA24061     		  PC Kate Pugh / Scholarship / ID#XXX-XX-XXXX 1,000
    VT 4H Endowment Fund
    902 Prices Fork Rd
    Blacksburg,VA24061     		  PC (872305) Part of the $25,000.00 5,000
    VT Endowment Fund
    902 Prices Fork Rd
    Blacksburg,VA24061     		  PC Operational expenses 10,000
    Walnut Grove Church
    P O Box 299
    Montvale,VA24122     		  PC Operational expenses 75
    Waymaker Church
    1650 Hooper Rd
    Forest,VA24551     		  PC Operational expenses 100
    We Recover Group
    P O Box 3324
    Lynchburg,VA24503     		  PC Operational expenses 1,000
    West End Baptist Church
    P O Box 28
    Brookneal,VA24528     		  PC Operational expenses 100
    Westover Baptist Church
    P O Box 10610
    Danville,VA24543     		  PC Operational expenses 50
    Williamson Memorial Presbyterian Church
    1800 Bennett Circle
    Keeling,VA24566     		  PC Operational expenses 100
    Winfall Baptist Church
    1155 Elliott Rd
    Gladys,VA24554     		  PC Operational expenses 75
    Winthrop University
    701 Oakland Avenue
    Rock Hill,SC29733     		  PC Amy Glowatch / Scholarship / ID#W30561071 1,000
    Word of Life Church
    P O Box 1214
    Bedford,VA24523     		  PC Operational expenses 50
    YMCA of Central Virginia
    P O Box 620
    Lynchburg,VA24505     		  PC Pledge / 1st of 5 Contribution 20,000
    Young Life Dream Team
    P O Box 757
    Halifax,VA24558     		  PC Operational expenses 500
    Total .................................bullet 3a 461,845
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 149,414  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME     		      750  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 289,850 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    289,850
    (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
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    WATT FOSTER FAMILY FOUNDATION
     
    Employer identification number

    82-3650679
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    WATT FOSTER FAMILY FOUNDATION
          		Employer identification number
    82-3650679
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    WATT R FOSTER JR
    PO BOX 190
     
    BROOKNEAL, VA24528

    		$ 4,161,153


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    WATT FOSTER FAMILY FOUNDATION
          		Employer identification number

    82-3650679
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 SHARES-1100 IWF/1700 IWD/500 BRKB/1300 AAPL/50 AMZN/744 GS/4000 JPM/6100 XLY/2100 VGT $ 4,161,153 2021-12-31
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    WATT FOSTER FAMILY FOUNDATION
          		Employer identification number

    82-3650679
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    WATT FOSTER FAMILY FOUNDATION
    EIN:
    82-3650679
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEES 3,643 1,821   1,822

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    WATT FOSTER FAMILY FOUNDATION
    EIN:
    82-3650679
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITIES 10,438,792 14,767,735

    TY 2021 InvestmentsOtherSchedule2
    Name:
    WATT FOSTER FAMILY FOUNDATION
    EIN:
    82-3650679
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS AT COST 606,002 735,730

    TY 2021 LandEtcSchedule2
    Name:
    WATT FOSTER FAMILY FOUNDATION
    EIN:
    82-3650679
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    WASHING MACHINE 2,269 0 2,269 2,269


    TY 2021 OtherExpensesSchedule
    Name:
    WATT FOSTER FAMILY FOUNDATION
    EIN:
    82-3650679
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE SUPPLIES 735 0   735
    MISC SERVICES 193 0   193
    BANK CHARGES 10 0   10


    TY 2021 OtherIncomeSchedule2
    Name:
    WATT FOSTER FAMILY FOUNDATION
    EIN:
    82-3650679
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 750   750


    TY 2021 TaxesSchedule
    Name:
    WATT FOSTER FAMILY FOUNDATION
    EIN:
    82-3650679
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 2,147 2,147   0