Form990-PF
Click to see attachment
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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
JHC Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

82-4058364
B Telephone number (see instructions)

(800) 839-1754
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$150,378,567
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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 6,826 6,826  
4 Dividends and interest from securities... 2,173,658 2,173,658  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 15,537,154
b Gross sales price for all assets on line 6a 71,658,057
7 Capital gain net income (from Part IV, line 2)... 15,537,153
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)....... 1,480 1,480  
12 Total. Add lines 1 through 11........ 17,719,118 17,719,117  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 329,118 329,118    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 189,556 756    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 169,373 88,885   80,411
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 688,047 418,759   80,411
25 Contributions, gifts, grants paid....... 5,989,000 5,989,000
26 Total expenses and disbursements. Add lines 24 and 25 6,677,047 418,759   6,069,411
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 11,042,071
b Net investment income (if negative, enter -0-) 17,300,358
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......... 1,362,549 5,793,685 5,793,685
3 Accounts receivable bullet141,153
Less: allowance for doubtful accounts bullet   2,395 141,153 141,153
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) 8,811,643 Click to see attachment8,793,360 8,892,695
b Investments—corporate stock (attach schedule)....... 60,866,183 Click to see attachment71,012,331 92,783,904
c Investments—corporate bonds (attach schedule)....... 11,133,247 Click to see attachment13,113,592 18,829,586
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 22,842,972 Click to see attachment17,206,939 23,937,544
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 105,018,989 116,061,060 150,378,567
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 105,018,989 116,061,060
29 Total net assets or fund balances (see instructions)..... 105,018,989 116,061,060
30 Total liabilities and net assets/fund balances (see instructions). 105,018,989 116,061,060
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
105,018,989
2
Enter amount from Part I, line 27a .....................
2
11,042,071
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
116,061,060
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
116,061,060
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b Passthrough K1 Capital Gain/(Loss)      
c NINETEEN77 GLOBAL MERGER ARBITRAGE LIMITED P 2018-09-25 2021-11-19
d LIGHT STREET XENON LTD P 2018-09-25 2021-07-15
e WHITEBOX MULTI-STRATEGY LTD P 2018-10-26 2021-01-14
WHITEBOX MULTI-STRATEGY LTD P 2018-10-26 2021-01-27
WHITEBOX MULTI-STRATEGY LTD P 2018-10-26 2021-04-12
WHITEBOX MULTI-STRATEGY LTD P 2018-10-26 2021-04-27
WHITEBOX MULTI-STRATEGY LTD P 2018-10-26 2021-07-09
(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 58,634,943   45,081,254 13,553,689
b       9,453
c 5,248,451   4,000,000 1,248,451
d 4,547,260   4,000,000 547,260
e 968,308   968,308  
53,367   53,367  
1,030,838   1,030,838  
54,046   54,046  
1,120,844   942,544 178,300
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       13,553,689
b        
c       1,248,451
d       547,260
e        
       
       
       
      178,300
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 15,537,153
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  
3 Add lines 1 and 2........................... 3 240,475
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 240,475
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 210,400
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 33,900
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 244,300
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 3,825
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet3,825 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$   (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)
    bulletDE
    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 ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
    Kate Mininger Dir, Sec
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Susan Rupp Dir, VP
    10.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Elizabeth Warehime Dir, Treas
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Patricia Warehime Dir, Pres
    10.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Morgan Stanley INVESTMENT MGMT 329,118
    650 South Exeter St Suite 1100
    BALTIMORE,MD21202
    Foundation Source Administrative 80,000
    55 Walls Drive 3rd Floor
    Fairfield,CT06824
    Total number of others receiving over $50,000 for professional services.............bullet  
    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.........................bullet  
    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
    111,768,077
    b
    Average of monthly cash balances.......................
    1b
    5,674,824
    c
    Fair market value of all other assets (see instructions)................
    1c
    29,852,597
    d
    Total (add lines 1a, b, and c).........................
    1d
    147,295,498
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    147,295,498
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    2,209,432
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    145,086,066
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    7,254,303
    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
    7,254,303
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    240,475
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    240,475
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,013,828
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    7,013,828
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    7,013,828
    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 7,013,828
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 5,919,884
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 6,069,411
    a Applied to 2020, but not more than line 2a 5,919,884
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2021 distributable amount..... 149,527
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021.    
    (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 ..........
     
    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......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
     
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........
    6,864,301
    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) .......
     
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...
     
    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.... 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).)
    Patricia Warehime
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    DELONE CATHOLIC HIGH SCHOOL
    140 S OXFORD AVE
    MCSHERRYSTOWN,PA17344
    N/A PC General & Unrestricted 500,000
    DIOCESE OF HARRISBURG
    4800 UNION DEPOSIT RD
    HARRISBURG,PA17111
    N/A PC Funds for St. Teresa of Calcutta Catholic School 325,000
    FOOD CONNECT CO
    2407 GRAYS FERRY AVE
    PHILADELPHIA,PA19146
    N/A PC General & Unrestricted 500,000
    FOOD FIX CAMPAIGN INC
    55 E MONROE ST STE 1460
    CHICAGO,IL60603
    N/A PC General & Unrestricted 1,000,000
    HANOVER AREA COUNCIL OF CHURCHES
    PO BOX 1561
    HANOVER,PA17331
    N/A PC General & Unrestricted 250,000
    HOPE PARTNERSHIP FOR EDUCATION
    2601 N 11TH ST
    PHILADELPHIA,PA19133
    N/A PC General & Unrestricted 500,000
    KEYSTONE KIDSPACE
    369 N GEORGE ST
    YORK,PA17401
    N/A PC General & Unrestricted 100,000
    NATURE CONSERVANCY
    4245 N FAIRFAX DRIVE STE 100
    ARLINGTON,VA22203
    N/A PC General & Unrestricted 54,000
    NORTHEASTERN PENNSYLVANIA EDUCATIONAL TELEVISION A
    100 WVIA WAY
    PITTSTON,PA18640
    N/A PC General & Unrestricted 10,000
    RODALE INSTITUTE
    611 SIEGFRIEDALE RD
    KUTZTOWN,PA19530
    N/A PC General & Unrestricted 1,500,000
    WASHINGTON COLLEGE
    300 WASHINGTON AVE
    CHESTERTOWN,MD21620
    N/A PC endow and successfully secure five teacher-scholar 1,000,000
    YOUNG WOMENS CHRISTIAN ASSOCIATION
    23 W CHESTNUT ST
    HANOVER,PA17331
    N/A PC General & Unrestricted 250,000
    Total .................................bullet 3a 5,989,000
    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 ...........
        14 6,826  
    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 15,537,154  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss
        14 1,480  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   17,719,118  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    17,719,118
    (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

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 DepreciationSchedule
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)
    Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2021 GeneralExplanationAttachment
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Identifier Return Reference Explanation
    Form 8865 Form 8865 The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS BOND - 3.750% - 11 182,678 182,434
    ABBVIE INC - 3.200% - 11/21/20 190,852 181,932
    ALEXANDRIA REAL ESTATE - 4.900 88,411 84,167
    AMERICAN ELEC PWR INC - 1.000% 170,689 166,304
    AMERICAN TOWER CORP - 1.600% - 18,037 17,826
    AMERICAN TOWER CORP - 3.125% - 70,023 68,088
    AMGEN INC - 2.200% - 02/21/202 164,655 158,753
    ANHEUSER-BUSCH - 3.650% - 02/0 157,431 155,753
    ANTHEM INC NOTE - 3.650% - 12/ 129,782 148,203
    AON CORP - 2.800% - 05/15/2030 164,090 154,742
    APPLE INC - 2.850% - 02/23/202 147,450 153,138
    AT&T INC - 4.125% - 02/17/2026 131,659 147,320
    BANK OF AMERICA - 4.271% - 07/ 267,913 262,220
    BOSTON PPTYS - 3.800% - 02/01/ 67,022 67,989
    CITIGROUP INC - 3.200% - 10/21 194,317 222,659
    COMCAST CORP - 3.150% - 03/01/ 250,024 271,881
    CVS CAREMARK CORP NOTE - 4.300 177,321 168,452
    DISNEY WALT CO - 2.000% - 09/0 259,574 263,870
    DTE ENERGY CO - 1.050% - 06/01 145,563 142,128
    ENBRIDGE INC - 4.250% - 12/01/ 85,058 82,472
    EQUINIX INC NOTE CALL MAKE WHO 89,369 89,426
    EQUINOR ASA - 3.125% - 04/06/2 91,372 91,406
    EVERSOURCE ENERGY - 1.650% - 0 170,305 168,478
    FAYETTE CNTY KY SCH DIST FIN C 102,882 101,944
    GOLDMAN SACHS GROUP INC - 4.00 155,870 153,752
    HOME DEPOT INC - 2.800% - 09/1 193,918 217,396
    JP MORGAN CHASE BANKNA NOTE - 267,704 261,243
    LINCOLN NATL CORP - 3.050% - 0 86,606 83,269
    LOWES - 3.650% - 04/05/2029 182,532 181,041
    MASTERCARD INC - 3.350% - 03/2 269,885 269,774
    MICROSOFT CORP - 2.700% - 02/1 260,807 282,776
    MITSUBISHI UFJ FINANCIAL GROUP 264,715 257,470
    MORGAN STANLEY - 3.875% - 04/2 156,337 153,741
    MORGAN STANLEY FIN LLC - 0.000 4,000,001 9,626,000
    NEXTERA ENERGY - 3.550% - 05/0 161,440 157,141
    NIKE INC - 2.750% - 03/27/2027 243,646 233,213
    OSWEGO ILL - 1.600% - 12/15/20 275,000 269,253
    PEPSICO INC - 3.000% - 10/15/2 187,116 209,165
    PNC FINL SVCS - 3.500% - 01/23 131,936 130,906
    PROLOGIS LP - 1.250% - 10/15/2 171,906 162,929
    PUBLIC SERVICE ENTERPRIS - 2.8 160,865 160,532
    SALESFORCE COM INC NOTE CALL M 178,668 178,528
    SCHLUMBERGER - 3.650% - 12/01/ 131,327 135,797
    SEMPRA ENERGY NOTE 3.4% 02/01/ 172,775 170,446
    SHELL INTERNATIONAL - 3.250% - 234,999 234,234
    SIMON PPTY GROUP LP - 2.000% - 135,005 137,427
    STARBUCKS - 3.500% - 03/01/202 72,054 70,351
    STATE STR CORP NOTE - 2.354% - 205,098 237,100
    TARGET CORP - 2.250% - 04/15/2 158,039 154,644
    TORONTO DOMINION BANK - 0.750% 271,209 266,626
    TOTAL CAPITAL - 3.455% - 02/19 119,869 130,106
    UNITED STATES TREAS SER AV-202 245,005 244,157
    UNITEDHEALTH GROUP INC - 3.750 208,390 206,101
    VERIZON COMMUNICATIONS INC - 1 171,925 170,557
    XCEL ENERGY INC - 4.000% - 06/ 122,468 132,326

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 259,504 294,850
    ABBVIE INC 281,112 328,616
    ACCENTURE PLC 143,132 335,786
    ADOBE SYSTEMS, INC 304,029 563,658
    AIA GROUP LTD ADR 168,840 139,789
    ALIBABA GROUP HOLDING LTD 424,183 251,478
    ALLEGION PLC 203,241 264,880
    ALPHABET INC CL A 302,653 793,789
    AMAZON COM 531,616 833,585
    AMEREN CORPORATION 99,577 119,718
    AMERICAN ELECTRIC POWER INC 116,921 116,818
    AMERICAN TOWER REIT INC 466,023 699,660
    ANALOG DEVICES INC 604,700 678,121
    ANSYS INC 139,780 220,616
    ASPEN TECHNOLOGY, INC 152,141 237,736
    AT&T, INC 94,125 81,082
    AUTODESK, INC 435,696 489,271
    AUTOMATIC DATA PROCESSING INC 171,177 248,059
    AVALONBAY CMNTYS INC 80,505 111,645
    AVERY DENNISON CORP 91,021 113,916
    BANK OF AMERICA CORP 379,219 504,339
    BC INDUSTRIAL REIT IV 5,089,521 6,011,846
    BECTON DICKINSON & CO 136,881 135,548
    BENTLEY SYSTEMS INC CL B 140,441 206,224
    BERKLEY W R CP 221,878 318,190
    BEST BUY INC 85,109 72,238
    BIO RAD LABS INC CL A 325,878 408,763
    BLACKROCK INC 111,058 182,196
    BLOCK INC 471,855 329,480
    BRIGHT HORIZONS FAMILY SOLUTIO 227,303 209,716
    BRISTOL-MYERS SQUIBB CO 113,603 118,465
    BROADCOM INC 399,049 561,606
    CADENCE DESIGN SYSTEMS INC 429,647 589,052
    CDW CORP 200,514 397,683
    CHARLES RIV LABORATORIES INTL 184,489 498,480
    CHEMED CORP 189,534 221,668
    CHEVRON CORP 176,258 221,205
    CHINA MERCHANTS BANK 111,492 104,451
    CHUBB LIMITED 153,773 238,931
    CISCO SYSTEMS INC 299,605 450,878
    CME GROUP, INC 166,923 209,269
    CMS ENERGY CP 72,255 82,223
    COMCAST CORP 288,263 383,313
    CONOCOPHILLIPS 85,171 132,522
    COOPER COMPANIES INC 259,771 356,099
    COPART INC 157,828 341,145
    COSAN ADR REPRESENTING 151,459 116,632
    CREDICORP LTD 68,141 70,068
    CROWN CASTLE INTL 85,989 108,962
    CUMMINS INC 140,251 124,558
    DANAHER CORP 358,313 798,836
    DCT INDUSTRIAL TRUST INC 188,826 114,569
    DEERE CO 155,951 171,445
    DELIVERY HERO 87,504 70,603
    DIGITAL RLTY TR INC 143,448 206,054
    DTE ENERGY CO COM 64,268 74,115
    DYNATRACE 400,464 468,376
    EATON CORP PLC 132,602 186,818
    EBAY INC 168,344 178,952
    ECOLAB INC 307,054 391,765
    EDWARDS LIFESCIENCES 317,257 491,901
    ELANCO ANIMAL HEALTH INCORPORA 175,479 191,962
    ELI LILLY & CO 229,437 310,195
    ENPHASE ENERGY ORD SHS 228,417 231,785
    ENTERGY CORP 95,440 93,950
    EOG RESOURCES INC 104,057 151,100
    EPAM SYSTEMS INC 203,451 248,663
    EQUIFAX INC 189,659 387,947
    ETSY INC 286,776 353,588
    EVERSOURCE ENERGYINC 106,453 111,541
    EXPONENT, INC 130,161 197,040
    EXTRA SPACE STORAGE 84,359 160,978
    EXXON MOBIL CORP 165,046 171,699
    FAIR ISSAC & CO INC 96,688 139,208
    FORTIVE CORPORATION 435,600 489,248
    HDFC BANK LTD ADR 147,959 129,489
    HENRY JACK & ASSOC INC 176,694 178,512
    HOME DEPOT INC 458,057 911,777
    HONEYWELL INTL 251,938 300,880
    ICICI BK LTD ADS 171,450 186,244
    IDEXX CORP 436,108 645,291
    INTERACTIVE BROKERS GROUP, INC 183,129 285,515
    INTERNATIONAL BUSINESS MACHINE 125,123 139,808
    INTUIT 458,836 811,744
    ISHARES MSCI KLD 400 SOCIAL IN 1,253,823 1,853,011
    ISHARES TRUST ISHARES MSCI EAF 15,769,665 17,953,271
    JD.COM, INC 129,659 120,380
    JOHNSON & JOHNSON 482,283 575,993
    JP MORGAN CHASE 463,177 612,023
    KLA TENCOR CORP 207,503 292,905
    LAM RESEARCH CORP 228,428 299,166
    LENNOX INTL INC 164,112 272,138
    LINDE PLC COM 163,872 205,087
    LOCKHEED MARTIN CORP 129,483 142,164
    LPL FINANCIAL HOLDINGS INC 266,758 304,171
    MARSH AND MCLENNAN COMPANIES I 197,917 377,189
    MARTIN CURRIE SMA-SHARES SERIE 3,529,112 3,276,850
    MARVELL TECHNOLOGY, INC 310,142 607,181
    MCDONALD'S CORP 142,337 195,155
    MEDTRONIC PLC 190,620 204,003
    MEITUAN DIANPING UNSPONSORED A 265,713 213,608
    MERCK & CO INC 243,738 260,576
    MICROSOFT CORP 476,817 1,422,634
    MINTH GROUP UNSPONSORED ADR RE 86,680 87,554
    MONDELEZ INTERNATIONAL INC 98,772 128,442
    MONOLITHIC POWER SYSTEMS, INC 333,649 534,276
    MORGAN STANLEY 202,984 195,240
    MORGAN STANLEY T-GEARS 4/28/20 3,999,999 6,453,200
    MSCI INC 535,555 884,112
    NEXTERA ENERGY, INC 97,215 179,998
    NIKE INC-CL B 321,567 460,343
    NORDSON CP 201,631 358,910
    NORTHERN TRUST CORPORATION 168,857 207,404
    NORTHROP GRUMMAN CORP 224,517 257,789
    NVIDIA CORP 349,576 706,158
    OIL CO LUKOIL PJSC SPON ADR RE 104,588 108,478
    PACKAGING CORP AMER 63,580 65,080
    PARKER HANNIFIN CP 106,556 160,651
    PEPSICO INC 190,303 241,804
    PHILIP MORRIS INTL 157,991 174,325
    PING AN INSURANCE GROUP ADR 155,438 118,879
    PNC FINANCIAL GROUP INC 241,961 300,780
    POOL CORP 172,603 498,646
    PPG INDUSTRIES INC 94,679 98,291
    PROCTER GAMBLE CO 278,953 408,786
    PROSUS NV ADR 97,057 87,834
    PT BANK RAKYAT ADR 97,572 105,444
    PT TELEKOM. IND. TBK ADR 53,463 70,417
    QUALCOMM INC 110,149 109,722
    ROLLINS INC 118,884 164,858
    SBERBANK SPONSORED ADR 100,991 98,343
    SCOTTS CO. CLASS A 306,068 427,938
    SEA LTD 128,341 110,065
    SERVICE NOW 434,288 530,972
    SITEONE LANDSCAPE SUPPLY INC 152,318 494,493
    STARBUCKS CORP COM 315,097 390,680
    STARWOOD REAL ESTATE INCOME TR 5,726,883 7,312,106
    SUNNY OPTICAL TECHNOLOGY GROUP 89,925 97,808
    T. ROWE PRICE GROUP 103,748 216,894
    TAIWAN SEMICONDUCTOR MFG CO LT 642,588 658,938
    TARGET CORPORATION 361,031 433,256
    TE CONNECTIVITY LTD 143,614 179,733
    TELEDYNE TECH INC 133,573 138,494
    TENCENT HOLDINGS LIMITED 570,861 467,974
    TERADYNE INC 183,509 463,444
    TEXAS INSTRUMENTS INC 232,447 347,162
    THE COCA-COLA CO 218,019 236,958
    THE HERSHEY COMPANY 78,362 98,476
    THERMO FISHER SCIENTIFIC INC 275,078 680,585
    THOR INDS INC 141,952 301,141
    TJX COMPANIES INC 93,820 106,288
    TRANE TECHNOLOGIES PLC 236,666 320,218
    UNION PACIFIC 309,060 459,772
    UNITED PARCEL SERVICE 192,570 238,560
    UNITEDHEALTH GROUP INC 700,771 1,261,878
    US BANCORP 201,993 236,307
    VALERO ENERGY CORP 74,102 73,983
    VERISK ANALYTICS, INC 489,908 665,376
    VERIZON COMMUNICATIONS 186,474 176,456
    VISA INC 486,490 686,537
    WAL-MART STORES INC 136,622 137,311
    WASTE MANAGEMENT INC 171,984 252,687
    WEC ENERGY GROUP, INC 114,468 130,462
    WEST PHARMA SVCS INC 363,496 633,164
    XCEL ENERGY INC 109,177 118,610
    XINYI SOLAR HOLDINGS ADR 67,853 58,739
    ZEBRA TECHNOLOGIES CORP 200,764 576,749

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    JHC Foundation
    EIN:
    82-4058364
    US Government Securities - End of Year Book Value:

    5,721,129
    US Government Securities - End of Year Fair Market Value:

    5,747,581
    State & Local Government Securities - End of Year Book Value:


    3,072,231
    State & Local Government Securities - End of Year Fair Market Value:


    3,145,114


    TY 2021 InvestmentsOtherSchedule2
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BLACKSTONE REAL ESTATE INCOME   5,780,177 7,476,942
    GRAHAM ABSOLUTE RETURN LTD   4,000,000 4,453,226
    INSIGHT PARTNERS (CAYMAN) XI L   2,735,764 5,499,744
    SEG PARTNERS OFFSHORE. LTD   2,950,000 3,058,013
    STRATEGIC PARTNERS OFFSHORE VI   1,740,998 3,449,619

    TY 2021 OtherExpensesSchedule
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 80,000     80,000
    Bank Charges 36,674 36,674    
    K-1 Exp INSIGHT PARTNERS (CAYM 52,288 52,211    
    Postage/Delivery Service 386     386
    State or Local Filing Fees 25     25


    TY 2021 OtherIncomeSchedule2
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss INSIGHT PARTNERS (CAYMAN) XI LP 1,480 1,480  


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 329,118 329,118    


    TY 2021 TaxesSchedule
    Name:
    JHC Foundation
    EIN:
    82-4058364
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2021 188,800      
    Foreign Tax Paid 756 756