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

58-6033966
B Telephone number (see instructions)

(678) 645-4659
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$65,308,522J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,623,465 1,623,465  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,765,331
b Gross sales price for all assets on line 6a 42,923,444
7 Capital gain net income (from Part IV, line 2)... 3,765,331
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 76,183 97,076  
12 Total. Add lines 1 through 11........ 5,464,979 5,485,872  
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)......... Click to see attachment 1,528 0   1,528
b Accounting fees (attach schedule)....... Click to see attachment 24,445 0   24,445
c Other professional fees (attach schedule).... Click to see attachment 318,388 303,088   15,300
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 49,294 4,294   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 1,358 1,178   180
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 395,013 308,560   41,453
25 Contributions, gifts, grants paid....... 2,056,000 2,056,000
26 Total expenses and disbursements. Add lines 24 and 25 2,451,013 308,560   2,097,453
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,013,966
b Net investment income (if negative, enter -0-) 5,177,312
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......... 1,681,247 1,327,878 1,327,878
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)....... 42,649,657 Click to see attachment45,343,883 56,670,993
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).......... 4,697,520 Click to see attachment5,370,629 7,309,651
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) 49,028,424 52,042,390 65,308,522
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 49,028,424 52,042,390
29 Total net assets or fund balances (see instructions)..... 49,028,424 52,042,390
30 Total liabilities and net assets/fund balances (see instructions). 49,028,424 52,042,390
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
49,028,424
2
Enter amount from Part I, line 27a .....................
2
3,013,966
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
52,042,390
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
52,042,390
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b SHORT TERM GAIN FROM K-1: ACADIAN P    
c LONG TERM GAIN FROM K-1: ACADIAN P    
d SHORT TERM GAIN FROM K-1: BDT FUND II P    
e LONG TERM GAIN FROM K-1: BDT FUND II P    
LOSS ON FOREIGN EXCHANGE P    
ACADIAN ALL COUNTRY WORLD EX US FUND P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 42,909,082   39,418,192 3,490,890
b       15,769
c       90,899
d       9,542
e       166,167
      -9,773
14,362   12,525 1,837
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       3,490,890
b       15,769
c       90,899
d       9,542
e       166,167
      -9,773
      1,837
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,765,331
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 71,965
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 71,965
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 60,859
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 75,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 135,859
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 63,894
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet63,894 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletGA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletCOX FOUNDATIONS COX ENTERPRISES Telephone no.bullet (678) 645-0000

    Located atbullet6205-A PEACHTREE DUNWOODY ROADATLANTAGA ZIP+4bullet30328
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
    Yes
     
    (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
     
    No
    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
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    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
    ALEXANDER C TAYLOR PRESIDENT
    0.40     		0 0 0
    6205-A PEACHTREE DUNWOODY ROAD
    ATLANTA,GA30328
    NANCY K RIGBY SECRETARY/TREASURER
    5.00     		0 0 0
    6205-A PEACHTREE DUNWOODY ROAD
    ATLANTA,GA30328
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    STG PARTNERS INVESTMENT MANAGEMENT FEES 288,726
    3455 PEACHTREE RD NE SUITE 1000
    ATLANTA,GA30326
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    55,135,781
    b
    Average of monthly cash balances.......................
    1b
    1,558,889
    c
    Fair market value of all other assets (see instructions)................
    1c
    7,309,666
    d
    Total (add lines 1a, b, and c).........................
    1d
    64,004,336
    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
    64,004,336
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    960,065
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    63,044,271
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    3,152,214
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    3,152,214
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    71,965
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    71,965
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,080,249
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,080,249
    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
    3,080,249
    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 3,080,249
    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...... 337,684
    b From 2017...... 706,522
    c From 2018...... 15,687
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 1,059,893
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,097,453
    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..... 2,097,453
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 982,796 982,796
    (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 77,097
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 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 ......     		77,097
    10 Analysis of line 9:
    a Excess from 2017.... 61,410
    b Excess from 2018.... 15,687
    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 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
    ALLEN-CHASE FOUNDATION
    271 PINE NOOK ROAD
    DEERFIELD,MA01342     		N/A PC GENERAL OPERATING SUPPORT 200,000
    AMERICAN FRIENDS OF THE LOUVRE
    305 EAST 47TH STREET
    NEW YORK,NY10017     		N/A PC GENERAL OPERATING SUPPORT 100,000
    ANIMAL RESCUE FUND OF THE HAMPTONS
    124 DANIELS HOLE ROAD
    EAST HAMPTON,NY11937     		N/A PC GENERAL OPERATING SUPPORT 10,000
    ATLANTA HUMANE SOCIETY
    1565 MANSELL ROAD
    ALPHARETTA,GA30009     		N/A PC GENERAL OPERATING SUPPORT 20,000
    BEST FRIENDS ANIMAL SOCIETY
    5001 ANGEL CANYON ROAD
    KANAB,UT84741     		N/A PC GENERAL OPERATING SUPPORT 20,000
    BLACKBERRY FARM FOUNDATION
    1471 W MILLERS COVE ROAD
    WALLAND,TN37886     		N/A PC SAM BEALL FELLOWS PROGRAM SUPPORT 10,000
    CAMP SUNSHINE
    1850 CLAIRMONT ROAD
    DECATUR,GA30033     		N/A PC GENERAL OPERATING SUPPORT 20,000
    D'ADDARIO FOUNDATION INC
    595 SMITH STREET
    FARMINGDALE,NY11735     		N/A PF GENERAL OPERATING SUPPORT 10,000
    ENTITLEMENTS HOW INC
    2365 HARRODSBURG ROAD SUITE B230
    LEXINGTON,KY40504     		N/A PC FREE THE FACTS PROGRAM SUPPORT 250,000
    FINO DOGGIE RESCUE INC
    5872 NORTHWEST 75 WAY
    PARKLAND,FL33067     		N/A PC GENERAL OPERATING SUPPORT 7,500
    FOCUS AND FRAGILE KIDS
    3825 PRESIDENTIAL PARKWAY SUITE 103
    ATLANTA,GA30340     		N/A PC GENERAL OPERATING SUPPORT 5,000
    FORWARD ARTS FOUNDATION INC
    3130 SLATON DRIVE NW
    ATLANTA,GA30305     		N/A PC GENERAL OPERATING SUPPORT 15,000
    FRANCE-ATLANTA CORP
    3399 PEACHTREE ROAD NE SUITE 500
    ATLANTA,GA30326     		N/A PC GENERAL OPERATING SUPPORT 10,000
    GREAT SMOKY MOUNTAIN INSTITUTE
    9275 TREMONT ROAD
    TOWNSEND,TN37882     		N/A PC GENERAL OPERATING SUPPORT 25,000
    GUIDE DOG FOUNDATION FOR THE BLIND
    371 EAST JERICHO TURNPIKE
    SMITHTOWN,NY11787     		N/A PC GENERAL OPERATING SUPPORT 10,000
    HIGH MUSEUM OF ART
    1280 PEACHTREE STREET NE
    ATLANTA,GA30309     		N/A PC GENERAL OPERATING SUPPORT AND SUPPORT ACC WING 150,000
    HOSPITAL FOR SPECIAL SURGERY FUND INC
    535 EAST 70TH STREET
    NEW YORK,NY10021     		N/A PC GENERAL OPERATING SUPPORT 250,000
    MARCH OF DIMES
    PO BOX 18819
    ATLANTA,GA31126     		N/A PC NICU FAMILY SUPPORT PROGRAM 10,000
    MEALS ON WHEELS ATLANTA
    1705 COMMERCE DRIVE NW
    ATLANTA,GA30318     		N/A PC GENERAL OPERATING SUPPORT 7,500
    NOAH'S ARK
    712 LG GRIFFIN ROAD
    LOCUST GROVE,GA30248     		N/A PC GENERAL OPERATING SUPPORT 150,000
    PATH FOUNDATION INC
    PO BOX 14327
    ATLANTA,GA30324     		N/A PC ANNUAL FUND SUPPORT 50,000
    PATH FOUNDATION INC
    PO BOX 14327
    ATLANTA,GA30324     		N/A PC MILE 300 CAPITAL CAMPAIGN SUPPORT 100,000
    SPECIAL OPERATIONS CARE FUND
    4279 ROSWELL ROAD SUITE 208
    ATLANTA,GA30342     		N/A PC GENERAL OPERATING SUPPORT 10,000
    SUSAN G KOMEN BREAST CANCER FOUNDATION
    5005 LBJ FREEWAY SUITE 526
    DALLAS,TX75244     		N/A PC GENERAL OPERATING SUPPORT 10,000
    VANDERBILT UNIVERSITY
    221 KIRKLAND HALL
    NASHVILLE,TN37240     		N/A PC CAPITAL CAMPAIGN SUPPORT 600,000
    ZOO ATLANTA
    800 CHEROKEE AVE SE
    ATLANTA,GA30315     		N/A PC BEASTLY FEAST PROGRAM SUPPORT 6,000
    Total .................................bullet 3a 2,056,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 3,765,331  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIPS - UBIT     		525990 -20,893      
    bPARTNERSHIPS - BOOK     14 95,535  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. -20,893 5,485,872 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,464,979
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    ACT FOUNDATION INC
    EIN:
    58-6033966
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 24,445 0   24,445

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

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    ACT FOUNDATION INC
    EIN:
    58-6033966
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    D'ADDARIO FOUNDATION INC
          		595 SMITH STREET
    FARMINGDALE,NY11735     		2021-03-23 10,000 SUPPORT OF THE D'ADDARIO FOUNDATION'S PRIMARY MISSION OF MUSICAL EDUCATION IN UNDER-SERVED COMMUNITIES. 10,000 NONE 3/17/2022    

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    ACT FOUNDATION INC
    EIN:
    58-6033966
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AIR PRODUCTS & CHEM 110,899 129,612
    ALIBABA GROUP HOLDING LT 122,301 74,719
    ALPHABET INC SHS CL C 68,808 211,232
    ALPHABET INC SHS CL A 70,540 211,484
    ALTRIA GROUP INC 71,302 80,089
    AMAZON COM INC COM 135,195 316,762
    APPLE INC 57,483 215,215
    AUTODESK INC COM ISIN #US0527691069 SED 90,749 210,049
    AUTOMATIC DATA PROC 19,461 42,905
    BERKSHIRE HATHAWAYINC DEL CL B NEW 91,871 138,437
    BLACKROCK 1,810,296 1,691,838
    BLACKROCK INC 79,481 163,885
    BLACKROCK MULTI-SECTOR 970,936 843,500
    BOEING COMPANY 200,326 233,733
    CHEVRON CORP 76,670 91,885
    CINN FINCL CRP OHIO 63,742 73,485
    CISCO SYSTEMS INC COM 58,399 103,420
    CISCO SYSTEMS INC COM 98,410 120,530
    COLGATE PALMOLIVE 56,149 66,309
    COMCAST CORP NEW CL A 90,373 88,983
    CROWN CASTLE INTL CORP 98,153 155,511
    DEERE CO 55,016 128,927
    DIAGEO PLC SPSD ADR NEW FGN 96,959 134,285
    DISNEY (WALT) CO COM STK 158,825 186,797
    DOMINION RES INC NEW VA 112,280 118,626
    DOUBLELINE CORE FIXED 4,126,260 4,175,819
    DOUBLELINE TOTAL RETURN 4,344,950 4,296,366
    EXPEDITORS INTL WASH INC 57,016 121,398
    FACEBOOK INC CLASS A COMMON STOCK 142,399 306,079
    FACTSET RESH SYS INC 42,071 94,286
    FASTENAL COMPANY 52,995 105,315
    FRANKLIN RES INC COM ISIN #US3546131018 45,308 45,680
    ILLUMINA INC COM 91,900 113,752
    INTEL CORP 77,340 79,619
    INTUITIVE SURGICAL INC NEW 37,474 72,938
    ISHARES RUSSELL 1000 4,788,023 6,470,013
    ISHARES RUSSELL 1000 2,311,088 3,533,944
    ISHARES MSCI EAFE 1,675,921 2,145,006
    ISHARE CORE U.S. 1,880,365 1,819,375
    ISHARES EDGE MSCI 2,025,981 3,206,684
    ISHARES EDGE MSCI MIN 1,025,567 1,298,043
    ISHARES EDGE MSCI MIN VOL USA ETF 435,002 557,110
    ISHARES EDGE MSCI MIN VOL USA ETF 2,363,838 3,333,187
    ISHARES EDGE MSCI USA MOMENTUM FACTOR ETF 1,047,627 1,634,820
    ISHARES EDGE MSCI USA VALUE FACTOR ETF 1,640,491 2,204,498
    JOHNSON AND JOHNSON COM 117,838 140,277
    LOWE-S COMPANIES INC 73,841 196,186
    MERCK AND CO INC SHS 87,050 88,443
    MICROSOFT CORP 80,737 269,392
    MICROSOFT CORP 49,016 132,174
    MONSTER BEVERAGE SHS 89,740 162,116
    NESTLE S A REP RG SH ADR 61,567 89,556
    NINTENDO CO LTD 83,956 68,993
    NORFOLK SOUTHERN CORP 94,003 145,878
    NOVARTIS ADR 131,790 136,716
    NOVO NORDISK A S ADR 26,373 63,280
    NVIDIA CORP 72,938 360,873
    ORACLE CORP $0.01 DEL 121,118 229,362
    PAYCHEX INC 69,331 114,251
    PFIZER INC 85,927 132,685
    PHILIP MORRIS INTL INC 58,244 72,010
    PROGRESSIVE CORP OHIO 103,976 108,091
    QUALCOMM INC 54,725 130,935
    REGENERON PHARMACTCLS 91,877 146,513
    ROCHE HLDG LTD SPN ADR FGN 101,157 133,412
    SALESFORCE COM INC 125,794 191,360
    SCHLUMBERGER LTD FGN 93,097 67,567
    SEI INVT CO PA PV $0.01 53,959 67,034
    STARBUCKS CORP 78,223 122,935
    TARGET CORP COM 45,793 131,921
    TEXAS INSTRUMENTS 102,259 159,257
    TOUCHSTONE SANDS CAPITAL 3,231,376 4,028,796
    UNITED PARCEL SVC CL B 69,555 140,607
    VERIZON COMMUNICATNS COM 84,944 78,719
    VERTEX PHARMACEUTICALS INC 119,341 131,760
    VISA INC CL A SHRS 150,847 267,420
    WORKDAY INC CL A 37,570 69,115
    YUM BRANDS INC 38,570 71,791
    YUM CHINA HOLDINGS INC 24,661 33,742
    ADOBE SYS DEL PV 90,451 94,132
    ANALOG DEVICES INC 67,529 73,999
    AUTODESK INC COM ISIN #US0527691069 SED 87,284 82,951
    AMERICAN TOWER REIT INC 110,908 125,190
    AMAZON COM INC COM 103,707 110,033
    BIO RAD LABS CL A 60,998 70,268
    CADENCE DESIGN SYS INC 76,517 99,697
    DANAHER CORP DEL COM 104,441 132,591
    DYNATRACE INC REG SHS 70,495 78,395
    ECOLAB INC 62,103 66,624
    ENPHASE ENERGY INC 38,870 39,149
    ETSY INC COM 54,478 60,427
    EDWARDS LIFESCIENCES CRP 60,286 80,969
    FORTIVE CORP 78,649 82,698
    ALPHABET INC SHS CL A 107,951 136,161
    HOME DEPOT INC 58,124 77,192
    IDEXX LAB INC DEL 96,560 113,914
    INTUIT COM 93,583 135,076
    MONOLITHIC PWR SYSTEMS 68,493 86,333
    MARVELL TECHNOLOGY GROPU 60,446 99,739
    MSCI INC 66,514 83,326
    MICROSOFT CORP 117,364 151,680
    NIKE INC CL B 69,945 79,668
    SERVICENOW INC 74,049 89,577
    NVIDIA CORP 64,219 114,409
    STARBUCKS CORP 63,916 66,556
    SQUARE INC SHS CL A 83,107 56,044
    THERMO FISHER SCIENTIFIC 88,363 119,436
    UNITEDHEALTH GROUP INC 109,013 138,591
    VISA INC CL A SHRS 117,087 116,807
    VERISK ANALYTICS INC 91,935 113,221
    WEST PHARMACTL SVCS INC 79,111 108,341
    BLACKROCK GLOBAL 1,971,366 1,844,481
    ISHARES RS 2000 GROWTH 899,841 896,285
    ISHARES RS 2000 VALUE 908,747 917,716

    TY 2021 InvestmentsOtherSchedule2
    Name:
    ACT FOUNDATION INC
    EIN:
    58-6033966
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ACADIAN ALL COUNTRY WORLD EX US FUND AT COST 1,528,977 1,883,587
    BDT CAPITAL PARTNERS FUND II, L.P. (TE) AT COST 3,201,347 4,474,005
    BDT CAPITAL PARTNERS FUND II-A SPIRITS, L.P. AT COST 53,783 121,014
    H.I.G. ADVANTAGE BUYOUT FUND, L.P. AT COST 462,556 708,464
    FALFURRIAS CAPITAL PARTNERS V, L.P. AT COST 123,966 122,581

    TY 2021 LegalFeesSchedule
    Name:
    ACT FOUNDATION INC
    EIN:
    58-6033966
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,528 0   1,528


    TY 2021 OtherExpensesSchedule
    Name:
    ACT FOUNDATION INC
    EIN:
    58-6033966
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 1,178 1,178   0
    DUES/SUBSCRIPTIONS 180 0   180


    TY 2021 OtherIncomeSchedule2
    Name:
    ACT FOUNDATION INC
    EIN:
    58-6033966
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 1,541 1,541 1,541
    PARTNERSHIP INCOME   95,535  
    PARTNERSHIPS - UBIT -20,893   -20,893
    PARTNERSHIPS - BOOK 95,535   95,535


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    ACT FOUNDATION INC
    EIN:
    58-6033966
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 15,300 0   15,300
    INVESTMENT MANAGEMENT FEES 303,088 303,088   0


    TY 2021 TaxesSchedule
    Name:
    ACT FOUNDATION INC
    EIN:
    58-6033966
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL INCOME TAX 45,000 0   0
    FOREIGN TAXES PAID 4,294 4,294   0