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
FREEMAN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)55 SADIE DR
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MANAKINSABOT, VA23103
A Employer identification number

82-3614440
B Telephone number (see instructions)

(804) 690-8916
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$5,021,073
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 117,102 117,102  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 232,320
b Gross sales price for all assets on line 6a 1,469,105
7 Capital gain net income (from Part IV, line 2)... 232,320
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)....... 300,577 273,416  
12 Total. Add lines 1 through 11........ 649,999 622,838  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 46,267 46,267   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 684 684   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 46,951 46,951   0
25 Contributions, gifts, grants paid....... 268,860 268,860
26 Total expenses and disbursements. Add lines 24 and 25 315,811 46,951   268,860
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 334,188
b Net investment income (if negative, enter -0-) 575,887
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............. 160,173 132,935 132,935
2 Savings and temporary cash investments.........      
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) 211,873 Click to see attachment205,749 203,589
b Investments—corporate stock (attach schedule)....... 2,142,303 Click to see attachment2,241,596 3,076,287
c Investments—corporate bonds (attach schedule)....... 239,143 Click to see attachment272,436 271,266
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,051,728 Click to see attachment1,286,692 1,336,996
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) 3,805,220 4,139,408 5,021,073
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,805,220 4,139,408
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 3,805,220 4,139,408
30 Total liabilities and net assets/fund balances (see instructions). 3,805,220 4,139,408
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
3,805,220
2
Enter amount from Part I, line 27a .....................
2
334,188
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,139,408
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
4,139,408
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 ACCENTURE P   2021-09-07
b ACCENTURE P   2021-12-23
c ACTIVISION BLIZZARD P   2021-02-02
d ADOBE INC. P   2021-06-21
e ADOBE INC. P   2021-08-18
ADYEN NV P   2021-01-05
ADYEN NV P   2021-01-11
ADYEN NV P   2021-03-26
ADYEN NV P   2021-06-21
ADYEN NV P   2021-08-18
AFTERPAY LTD P   2021-06-21
AFTERPAY LTD P   2021-06-29
AFTERPAY LTD P   2021-07-01
AFTERPAY LTD P   2021-07-02
AIRBNB INC P   2021-06-21
AIRBNB INC P   2021-08-18
ALLISON TRANSMISSION HLDG P   2021-07-01
ALPHABET INC P   2021-02-08
ALPHABET INC P   2021-06-21
ALPHABET INC P   2021-08-18
ALPHABET INC P   2021-12-23
AMAZON P   2021-06-21
AMAZON P   2021-09-20
AMAZON P   2021-08-18
AMERICAN EXPRESS P   2021-01-15
AMERICAN EXPRESS P   2021-02-19
AMERICAN EXPRESS P   2021-02-26
AMGEN P   2021-10-15
AMPHENOL CORP P   2021-01-25
AMPHENOL CORP P   2021-03-04
AMPHENOL CORP P   2021-07-01
APPLE P   2021-02-12
APPLE P   2021-02-19
APPLE P   2021-02-19
APPLE P   2021-05-28
APPLE P   2021-06-02
APPLE P   2021-06-10
APPLE P   2021-06-21
APPLE P   2021-06-28
APPLE P   2021-08-26
AQR MANANGED FUTURES P   2021-12-20
ARISTA NETWORKS P   2021-06-22
ARISTA NETWORKS P   2021-12-23
ARMSTRONG WORLD INDUSTRIES P   2021-07-01
SRTISAN INTL P   2021-01-20
AT&T P   2021-04-12
ATLASSIAN CORP P   2021-03-26
ATLASSIAN CORP P   2021-06-21
ATLASSIAN CORP P   2021-08-18
ATLASSIAN CORP P   2021-10-29
AXALAT COATING SYSTEMS P   2021-03-04
BALL CORP P   2021-07-01
BANK OF NY MELLON P   2021-03-15
BB&T CORP P   2021-04-09
BIOTECH P   2021-08-18
BLACK KNIGHT P   2021-07-01
BLACKROCK P   2021-12-27
BLACKSTONE P   2021-09-01
BLACKSTONE P   2021-10-25
BLACKSTONE P   1951-12-27
BROADCOM P   2021-02-12
CARMAX P   2021-07-01
CARVANA P   2021-05-20
CARVANA P   2021-06-21
CARVANA P   2021-08-18
CDK GLOBAL P   2021-07-01
CDK GLOBAL P   2021-09-07
CHEWY P   2021-01-04
CHEWY P   2021-02-03
CHEWY P   2021-05-28
CHIPOTLE MEXICAN GRILL P   2021-08-18
CIGNA P   2021-01-25
CIGNA P   2021-08-18
CINTAS P   2021-01-25
CINTAS P   2021-09-01
CISCO SSTEMS P   2021-09-01
CITIGROUP P   2021-08-18
COMCAST P   2021-02-03
CONOCOPILLIPS P   2021-08-18
COPART INC P   2021-07-01
COSTCO P   2021-03-03
COSTCO P   2021-06-01
COSTCO P   2021-06-21
COSTCO P   2021-07-09
COUPA SOFTWARE P   2021-03-03
COUPA SOFTWARE P   2021-03-29
COUPA SOFTWARE P   2021-05-20
CROWDSTRIKE HOLDINGS P   2021-01-05
CROWDSTRIKE HOLDINGS P   2021-06-21
CROWDSTRIKE HOLDINGS P   2021-08-18
DANAHER P   2021-06-21
DANAHER P   2021-08-16
DELL TECH P   2021-12-03
DEXCOM P   2021-06-02
DEXCOM P   2021-06-21
DEXCOM P   2021-08-16
DEXCOM P   2021-08-18
DIAGEO P   2021-08-18
DIAGEO P   2021-10-25
DOCUSIGN P   2021-06-21
DOCUSIGN P   2021-08-18
DOLLAR TREE P   2021-07-01
DOMINION ENERGY P   2021-08-18
DUKE ENERGY P   2021-08-18
DUPONT DE MEMOURS P   2021-08-18
ELI LILLY P   2021-06-21
ELI LILLY P   2021-06-22
ELI LILLY P   2021-08-16
ELI LILLY P   2021-08-18
EMERSON ELECTRIC P   2021-12-23
ENTEGRIS P   2021-12-22
ESTEE LAUDER P   2021-06-21
ESTEE LAUDER P   2021-08-18
EXXON MOBIL P   2021-08-26
FACEBOOK P   2021-01-21
FACEBOOK P   2021-06-09
FACEBOOK P   2021-06-21
FACEBOOK P   2021-08-18
FACEBOOK P   2021-10-29
FACEBOOK P   2021-08-18
FARFETCH P   2021-04-19
FARFETCH P   2021-04-20
FED HOME LONE MTG P   2021-08-25
FIDELITY NEW MKTS P   2021-12-20
FISERV P   2021-07-16
FLEX LTD P   2021-11-23
FOX CORP P   2021-03-04
GARMIN P   2021-09-01
GOLDMAN SACHS GROUP P   2021-02-01
GOLDMAN SACHS GROUP P   2021-03-26
GOLDMAN SACHS GROUP P   2021-04-16
GOLDMAN SACHS GROUP P   2021-04-23
GOLDMAN SACHS GROUP P   2021-06-21
GOLDMAN SACHS GROUP P   2021-08-18
GUARDANT HEALTH P   2021-06-11
HAEMONETICS P   2021-07-01
HASBRO P   2021-07-01
HOME DEPOT P   2021-02-03
HOME DEPOT P   2021-02-26
HOME DEPOT P   2021-03-08
HOME DEPOT P   2021-01-18
HONEYWELL INTL P   2021-01-08
HONEYWELL INTL P   2021-08-18
HUMANA P   2021-02-10
ILLUMINA P   2021-10-29
INTUITIVE SURGICAL P   2021-07-28
ISHARES MBS P   2021-02-19
JOHNSON AND JOHNSON P   2021-08-18
JPMORGAN CHASE P   2021-08-18
KERINGIUNSPONSORED ADR P   2021-06-21
LOCKHEED MARTIN P   2021-08-18
KERINGIUNSPONSORED ADR P   2021-08-18
KYNDRYL HODLINGS P   2021-11-24
KYNDRYL HODLINGS P   2021-12-03
LAM RESERACH P   2021-02-12
LAM RESERACH P   2021-04-12
LULULEMON ATHLETICA P   2021-02-03
LULULEMON ATHLETICA P   2021-02-10
LULULEMON ATHLETICA P   2021-06-21
LULULEMON ATHLETICA P   2021-08-18
LVMH MOET HENNESSY P   2021-06-21
LVMH MOET HENNESSY P   2021-08-18
M&T BANK P   2021-07-01
MANULIFE FINANCIAL P   2021-02-12
MASTERCARD P   2021-02-03
MASTERCARD P   2021-06-21
MATCH GROUP P   2021-05-21
MATCH GROUP P   2021-06-21
MATCH GROUP P   2021-08-09
MATCH GROUP P   2021-08-18
MATCH GROUP P   2021-10-29
MCKESSON P   2021-08-18
MEDTRONIC P   2021-05-07
META PLATFORMS P   2021-12-03
MICROSOFT P   2021-02-02
MICROSOFT P   2021-06-21
MICROSOFT P   2021-07-08
MICROSOFT P   2021-12-27
MOELIS P   2021-07-01
MORGAN STANLEY P   2021-04-28
MORGAN STANLEY P   2021-09-07
NESTLE P   2021-08-18
NETFLIX P   2021-01-05
NETFLIX P   2021-06-01
NETFLIX P   2021-06-21
NETFLIX P   2021-08-18
NIKE P   2021-04-22
NIKE P   2021-06-21
NIKE P   2021-12-27
NORTHROP P   2021-08-18
NVIDIA P   2021-06-21
NVIDIA P   2021-06-22
NVIDIA P   2021-08-18
NVIDIA P   2021-09-07
NVIDIA P   2021-12-03
NVIDIA P   2021-12-23
OLD DOMINION FREIGHT LINE P   2021-07-01
OLD DOMINION FREIGHT LINE P   2021-12-22
ORGANON & CO P   2021-06-16
ORGANON & CO P   2021-06-28
ORGANON & CO P   2021-06-28
ORGANON & CO P   2021-07-02
PALO ALTO NETWORKS P   2021-09-07
PAYPAL HOLDINGS P   2021-01-11
PAYPAL HOLDINGS P   2021-03-03
PAYPAL HOLDINGS P   2021-06-21
PAYPAL HOLDINGS P   2021-09-20
PELOTON INTERACTIVE P   2021-04-27
PELOTON INTERACTIVE P   2021-04-27
PELOTON INTERACTIVE P   2021-05-07
PELOTON INTERACTIVE P   2021-12-03
PERRIGO P   2021-07-01
PIONEER NAT RES P   2021-08-18
POOL CORP P   2021-12-23
PPG INDUSTRIES P   2021-02-01
PPG INDUSTRIES P   2021-04-09
PPG INDUSTRIES P   2021-04-12
PRA HEALTH SCIENCES P   2021-03-08
PRA HEALTH SCIENCES P   2021-04-28
RAYMOND JAMES P   2021-10-20
RINGCENTRAL INC P   2021-05-10
RINGCENTRAL INC P   2021-06-21
RINGCENTRAL INC P   2021-07-22
RINGCENTRAL INC P   2021-07-23
ROBLOX P   2021-06-21
ROBLOX P   2021-08-18
ROCHE HOLDINGS P   2021-07-02
ROCHE HOLDINGS P   2021-08-18
S&P GLOBAL P   2021-02-09
S&P GLOBAL P   2021-02-26
S&P GLOBAL P   2021-06-21
SAFRAN SA P   2021-06-21
SAFRAN SA P   2021-07-27
SAFRAN SA P   2021-08-04
SAFRAN SA P   2021-08-18
SALESFORCE P   2021-03-04
SALESFORCE P   2021-06-21
SALESFORCE P   2021-08-18
SAREPTA THERAPEUTICS P   2021-01-12
SENSATA TECHNOLOGIES P   2021-07-01
SHOPIFY P   2021-03-12
SHOPIFY P   2021-05-28
SHOPIFY P   2021-06-21
SHOPIFY P   2021-08-18
SKYWORKS SOLUTIONS P   2021-07-01
SKYWORKS SOLUTIONS P   2021-09-01
SNAP P   2021-05-28
SNAP P   2021-06-21
SNAP P   2021-08-18
SNOWFLAKE P   2021-06-21
SNOWFLAKE P   2021-09-20
SOUTHERN CO P   2021-08-18
SPLUNK P   2021-01-07
SPLUNK P   2021-03-29
SPOTIFY P   2021-06-21
SPOTIFY P   2021-07-20
SPOTIFY P   2021-08-05
SQUARE INC P   2021-03-29
SQUARE INC P   2021-06-21
SQUARE INC P   2021-09-20
STERLING CAPITAL P   2021-12-20
STORE CAPITAL P   2021-07-01
SYSCO P   2021-05-12
T ROWE PRICE P   2021-06-17
TAIWAN SEMICONDUCTOR P   2021-06-21
TAIWAN SEMICONDUCTOR P   2021-07-06
TAIWAN SEMICONDUCTOR P   2021-08-18
TARGET P   2021-06-16
TARGET P   2021-08-21
TE CONNECTIVITY P   2021-07-08
TELEDOC HEALTH P   2021-02-03
TELEDOC HEALTH P   2021-03-03
TELEDOC HEALTH P   2021-03-15
TESLA P   2021-01-04
TESLA P   2021-02-03
TESLA P   2021-06-01
TESLA P   2021-06-21
TESLA P   2021-08-18
TJX COMPANIES P   2021-06-21
TRACTOR SUPPLY P   2021-04-28
TRADE DESK P   2021-08-18
TRANE TECH P   2021-07-30
TRANE TECH P   2021-08-02
TRANE TECH P   2021-08-03
TRAVELERS COMPANIES P   2021-02-12
TRAVELERS COMPANIES P   2021-03-12
TRAVELERS COMPANIES P   2021-03-15
TRAVELERS COMPANIES P   2021-03-22
TRIMBLE P   2021-02-02
TRIMBLE P   2021-04-28
TWILIO P   2021-03-26
TWILIO P   2021-06-02
TWILIO P   2021-06-10
TWILIO P   2021-06-21
TWILIO P   2021-08-18
UBER TECH P   2021-06-01
UBER TECH P   2021-06-21
UBER TECH P   2021-08-18
ULTA BEAUT P   2021-10-18
UNION PACIFIC P   2021-06-21
UNION PACIFIC P   2021-07-15
UNION PACIFIC P   2021-07-22
UNION PACIFIC P   2021-07-26
UNION PACIFIC P   2021-07-28
UNITEDHEALTH GROUP P   2021-08-26
UNITEDHEALTH GROUP P   2021-07-08
US BANCORP P   2021-05-21
US BANCORP P   2021-05-28
US BANCORP P   2021-06-01
US BANCORP P   2021-06-04
US TREASURY NOTE P   2021-02-10
US TREASURY NOTE P   2021-02-10
VERTEX PHARMACEUTICALS P   2021-02-04
VERTEX PHARMACEUTICALS P   2021-02-04
VERTEX PHARMACEUTICALS P   2021-03-03
VISA P   2021-02-03
VISA P   2021-06-21
VISA P   2021-12-23
VMWARE P   2021-12-21
VULCAN MATERIAL P   2021-07-01
WLAGREENS BOOTS ALLI 3.8% P   2021-04-23
WORKDAY P   2021-05-20
WORKDAY P   2021-06-21
WORKDAY P   2021-08-18
ZENDESK P   2021-02-02
ZOOM VIDEO COMM P   2021-04-14
ZOOM VIDEO COMM P   2021-10-29
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,382   1,164 1,218
b 2,340   963 1,377
c 1,180   664 516
d 1,649   601 1,048
e 5,662   4,031 1,631
840   334 506
966   417 549
900   366 534
951   388 563
9,830   3,341 6,489
244   321 -77
97   107 -10
818   886 -68
985   963 22
453   470 -17
5,138   5,023 115
198   229 -31
10,269   5,758 4,511
2,534   1,171 1,363
10,921   8,993 1,928
2,868   1,170 1,698
3,480   1,463 2,017
6,926   2,921 4,005
25,827   14,226 11,601
983   796 187
778   593 185
969   641 328
3,668   4,376 -708
3,737   2,583 1,154
3,490   2,463 1,027
69   46 23
1,217   374 843
2,735   877 1,858
1,824   585 1,239
2,412   793 1,619
1,376   459 917
1,014   334 680
2,501   793 1,708
1,068   334 734
13,454   12,894 560
73,387   86,000 -12,613
1,102   759 343
1,621   759 862
433   265 168
57,280   70,000 -12,720
5,368   6,160 -792
641   401 240
523   277 246
1,987   1,123 864
831   364 467
6,754   7,607 -853
164   75 89
10,000   10,000 0
12,000   12,000 0
2,010   2,400 -390
234   198 36
915   569 346
1,128   517 611
1,589   644 945
1,033   414 619
1,410   979 431
391   198 193
1,361   758 603
579   252 327
5,719   3,085 2,634
150   173 -23
4,483   6,277 -1,794
916   488 428
1,619   781 838
3,437   2,509 928
7,496   3,175 4,321
684   613 71
1,686   1,719 -33
3,320   1,619 1,701
9,043   3,725 5,318
1,180   919 261
6,171   6,496 -325
349   297 52
1,930   1,405 525
400   130 270
997   590 407
1,156   590 566
385   197 188
811   394 417
701   291 410
981   581 400
2,058   1,427 631
1,693   460 1,233
720   198 522
4,862   2,629 2,233
513   316 197
935   306 629
398   707 -309
1,123   484 639
414   165 249
991   750 241
995   351 644
2,407   1,638 769
797   578 219
260   232 28
1,707   1,440 267
199   220 -21
2,283   2,247 36
5,730   4,378 1,352
1,829   1,844 -15
885   804 81
1,753   1,320 433
1,317   825 492
806   704 102
1,453   1,657 -204
7,427   1,724 5,703
898   403 495
4,212   3,018 1,194
14,577   14,090 487
2,054   1,509 545
1,680   943 737
2,019   1,132 887
11,863   7,135 4,728
1,571   1,357 214
1,797   1,482 315
1,409   1,714 -305
1,386   1,767 -381
25,078   24,962 116
239,500   265,832 -26,332
992   632 360
4,231   2,967 1,264
8,650   8,598 52
1,247   637 610
12,074   11,958 116
995   811 184
1,686   1,320 366
1,328   953 375
360   303 57
2,432   1,867 565
1,506   927 579
133   239 -106
189   186 3
807   607 200
4,331   3,397 934
1,522   1,213 309
4,808   2,830 1,978
640   462 178
5,817   3,958 1,859
1,889   2,218 -329
823   1,043 -220
4,794   3,288 1,506
32,915   32,238 677
8,156   6,259 1,897
8,222   6,065 2,157
903   623 280
2,160   1,903 257
7,327   5,785 1,542
10   18 -8
33   60 -27
1,060   347 713
1,330   347 983
1,650   660 990
676   330 346
698   347 351
3,620   2,431 1,189
1,314   793 521
9,934   6,995 2,939
292   388 -96
1,645   1,833 -188
1,277   676 601
735   338 397
1,258   840 418
1,191   748 443
880   594 286
1,987   2,275 -288
1,135   900 235
2,591   2,023 568
507   342 165
3,590   2,080 1,510
1,634   728 906
2,086   754 1,332
1,111   372 739
1,323   372 951
228   139 89
1,635   1,137 498
1,883   1,023 860
5,151   3,600 1,551
1,634   828 806
1,507   828 679
1,502   828 674
2,059   1,430 629
1,270   730 540
776   448 328
1,154   473 681
5,501   5,017 484
2,997   1,022 1,975
3,082   622 2,460
9,370   4,493 4,877
1,790   311 1,479
1,650   549 1,101
2,521   326 2,195
255   96 159
7,229   2,118 5,111
181     181
12     12
6     6
123     123
2,307   1,035 1,272
2,095   806 1,289
2,446   948 1,498
1,113   439 674
2,548   1,803 745
1,547   1,243 304
1,405   1,401 4
1,585   2,753 -1,168
272   652 -380
185   187 -2
1,040   575 465
2,161   587 1,574
851   711 140
448   355 93
445   355 90
1,865   1,617 248
5,652   3,169 2,483
51   46 5
3,166   4,850 -1,684
284   254 30
791   761 30
1,330   1,269 61
249   214 35
2,720   2,498 222
992   668 324
1,862   1,231 631
1,306   849 457
2,615   1,791 824
399   381 18
525   503 22
1,095   1,177 -82
1,454   1,629 -175
1,236   1,426 -190
2,164   1,143 1,021
733   343 390
3,680   2,699 981
770   1,393 -623
173   163 10
1,091   356 735
2,511   711 1,800
1,454   328 1,126
22,050   13,519 8,531
381   184 197
4,068   2,027 2,041
2,249   1,907 342
812   712 100
8,744   7,781 963
494   773 -279
963   1,152 -189
5,594   4,793 801
1,489   835 654
1,865   1,575 290
493   377 116
1,461   1,228 233
2,830   3,628 -798
414   338 76
1,420   1,013 407
9,343   8,548 795
44,209   55,738 -11,529
208   141 67
802   411 391
117,493   95,000 22,493
954   694 260
1,307   960 347
6,191   5,919 272
1,392   452 940
928   702 226
946   719 227
527   346 181
1,811   1,498 313
1,890   2,190 -300
2,017   209 1,808
1,628   140 1,488
1,859   118 1,741
2,476   161 2,315
16,324   3,135 13,189
646   644 2
1,335   549 786
4,372   1,903 2,469
199   75 124
402   151 251
203   75 128
736   752 -16
466   451 15
461   451 10
639   601 38
1,784   1,308 476
1,008   548 460
1,007   388 619
1,361   572 789
941   406 535
1,082   333 749
6,888   5,261 1,627
1,161   664 497
989   676 313
6,858   6,975 -117
1,213   986 227
656   506 150
880   698 182
1,299   1,121 178
1,108   930 178
1,096   998 98
11,439   10,941 498
2,039   1,190 849
839   802 37
654   631 23
550   516 34
1,154   1,089 65
46,208   44,466 1,742
30,393   29,808 585
876   759 117
658   660 -2
1,894   2,016 -122
1,380   870 510
1,398   746 652
640   732 -92
10     10
348   268 80
9,894   9,521 373
912   480 432
234   120 114
925   744 181
1,156   845 311
1,598   2,603 -1,005
1,114   1,386 -272
41,027     41,027
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       1,218
b       1,377
c       516
d       1,048
e       1,631
      506
      549
      534
      563
      6,489
      -77
      -10
      -68
      22
      -17
      115
      -31
      4,511
      1,363
      1,928
      1,698
      2,017
      4,005
      11,601
      187
      185
      328
      -708
      1,154
      1,027
      23
      843
      1,858
      1,239
      1,619
      917
      680
      1,708
      734
      560
      -12,613
      343
      862
      168
      -12,720
      -792
      240
      246
      864
      467
      -853
      89
      0
      0
      -390
      36
      346
      611
      945
      619
      431
      193
      603
      327
      2,634
      -23
      -1,794
      428
      838
      928
      4,321
      71
      -33
      1,701
      5,318
      261
      -325
      52
      525
      270
      407
      566
      188
      417
      410
      400
      631
      1,233
      522
      2,233
      197
      629
      -309
      639
      249
      241
      644
      769
      219
      28
      267
      -21
      36
      1,352
      -15
      81
      433
      492
      102
      -204
      5,703
      495
      1,194
      487
      545
      737
      887
      4,728
      214
      315
      -305
      -381
      116
      -26,332
      360
      1,264
      52
      610
      116
      184
      366
      375
      57
      565
      579
      -106
      3
      200
      934
      309
      1,978
      178
      1,859
      -329
      -220
      1,506
      677
      1,897
      2,157
      280
      257
      1,542
      -8
      -27
      713
      983
      990
      346
      351
      1,189
      521
      2,939
      -96
      -188
      601
      397
      418
      443
      286
      -288
      235
      568
      165
      1,510
      906
      1,332
      739
      951
      89
      498
      860
      1,551
      806
      679
      674
      629
      540
      328
      681
      484
      1,975
      2,460
      4,877
      1,479
      1,101
      2,195
      159
      5,111
      181
      12
      6
      123
      1,272
      1,289
      1,498
      674
      745
      304
      4
      -1,168
      -380
      -2
      465
      1,574
      140
      93
      90
      248
      2,483
      5
      -1,684
      30
      30
      61
      35
      222
      324
      631
      457
      824
      18
      22
      -82
      -175
      -190
      1,021
      390
      981
      -623
      10
      735
      1,800
      1,126
      8,531
      197
      2,041
      342
      100
      963
      -279
      -189
      801
      654
      290
      116
      233
      -798
      76
      407
      795
      -11,529
      67
      391
      22,493
      260
      347
      272
      940
      226
      227
      181
      313
      -300
      1,808
      1,488
      1,741
      2,315
      13,189
      2
      786
      2,469
      124
      251
      128
      -16
      15
      10
      38
      476
      460
      619
      789
      535
      749
      1,627
      497
      313
      -117
      227
      150
      182
      178
      178
      98
      498
      849
      37
      23
      34
      65
      1,742
      585
      117
      -2
      -122
      510
      652
      -92
      10
      80
      373
      432
      114
      181
      311
      -1,005
      -272
      41,027
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 2 232,320
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 8,005
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 8,005
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 1,400
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,400
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 6,605
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    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)
    bulletVA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
     
    No
    Website addressbulletN/A
    14
    The books are in care ofbulletWELLS FARGO BANK Telephone no.bullet (855) 739-2921

    Located atbullet100 N MAIN ST D4001-065WINSTON SALEMNC ZIP+4bullet27101
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    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
    ROBERT M FREEMAN JR DIRECTOR
    1.00
    0 0 0
    3001 HUNTWICK CT
    HENRICO,VA23233
    CAMERON F FURGALL DIRECTOR
    1.00
    0 0 0
    608 LASSWELL CT SW
    LEESBURG,VA20175
    MARGARET F HABENICHT DIRECTOR
    1.00
    0 0 0
    3708 LISETER GARDENS
    NEWTON SQUARE,PA19073
    ELIZABETH F CURTIN DIRECTOR
    1.00
    0 0 0
    AVENUE DE MONTEHOISI
    LAUSAANE    
    SZ
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,641,718
    b
    Average of monthly cash balances.......................
    1b
    191,006
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,832,724
    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
    4,832,724
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    72,491
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    4,760,233
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    238,012
    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
    238,012
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    8,005
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,005
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    230,007
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    230,007
    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
    230,007
    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 7 230,007
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 536
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 268,860
    a Applied to 2020, but not more than line 2a 536
    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..... 230,007
    e Remaining amount distributed out of corpus 38,317
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 38,317
    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 ......
    38,317
    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.... 38,317
    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
    ADOPTION RHODE ISLAND
    290 W EXCHANGE STREET SUITE 100
    PROVIDENCE,RI02903
    NONE PC FOREVER SIBLINGS 5,000
    BACKPACK BUDDIES FOUNDATION OF LOUDOUN
    PO BOX 582
    LEESBURG,VA20178
    NONE PC GENERAL OPERATING SUPPORT 5,000
    BLUE SKY FUND
    2900 Q ST
    RICHMOND,VA23223
    NONE PC FUND EXPLORERS PROGRAM 6,000
    CADENCE THEATRE COMPANY
    114 W BROAD STREET
    RICHMOND,VA23220
    NONE PC STAGE WRITE STUDENT LEADERSHIP AND WORKFORCE 6,000
    CHESAPEAKE BAY FOUNDATION INC
    1108 E MAIN ST STE 1600
    RICHMOND,VA23219
    NONE PC SUPPORTING VA OPERATIONS 30,000
    CHESTER COUNTY FOOD BANK
    650 PENNSYLVANIA DR
    EXTON,PA19341
    NONE PC GENERAL OPERATING SUPPORT 5,000
    CHESTERFIELD FOOD BANK
    12211 IRON BRIDGE ROAD
    CHESTER,VA23831
    NONE PC GENERAL OPERATING SUPPORT 10,000
    CHILDREN'S MUSEUM OF RICHMOND
    2626 W BROAD STREET
    RICHMOND,VA23220
    NONE PC BACKYARD RENOVATION & REVITALIZATION 20,000
    CHILDRENS HOSPITAL
    1000 E BROAD STREET
    RICHMOND,VA23219
    NONE PC VCU'S INPATIENT TOWER SUPPORT 25,000
    FREE FOUNDATION FOR REHABILITATION
    6301 MIDLOTHIAN TURNPIKE
    RICHMOND,VA23224
    NONE PC HELPING ADULTS REGAIN INDEPENDENCE THROUGH MOBIL 10,000
    FRIENDS ASSOCIATION FOR CHILDREN
    1004 ST JOHN ST
    RICHMOND,VA23220
    NONE PC A SAFE PLAY SPACE AT FRIENDS 15,000
    GREATER RICHMOND SCAN
    103 E GRACE STREET
    RICHMOND,VA23219
    NONE PC GENERAL OPERATING SUPPORT 10,000
    HELPHOPELIVE INC
    100 MATSONFORD RD 100
    RADNOR,PA19087
    NONE PC LIVEITUP SPONSORSHIP 2,500
    HIGHLAND SCHOOL INC
    597 BROADVIEW AVE
    WARRENTON,VA20186
    NONE PC TEAM ROBOHAWK ROBOTICS PROGRAM 3,000
    HOLLINS UNIVERSITY
    7916 WILLIAMSON RD
    ROANOKE,VA24019
    NONE PC ANNUAL FUND 2,500
    JUNIOR ACHIEVEMENT OF CENTRAL VA
    1801 LIBBIE AVE SUITE 203
    RICHMOND,VA23226
    NONE PC PROGJECT/PROGRAM SUPPORT 5,000
    LONGWOOD UNIVERSITY
    201 HIGH STREET
    FARMVILLE,VA23909
    NONE PC 2022 VIRGINIA MARINE DEBRIS SUMMIT 5,000
    LOUDOUN HUNGER RELIEF
    750 MILLER DR SE A1
    LEESBURG,VA20175
    NONE PC GENERAL OPERATING SUPPPORT 5,000
    LOVE OF LEARNINGS INC
    8404 MARY MUNDIE LANE
    MECHANICSVILLE,VA23111
    NONE PC READ ALOUD PROGRAM FOR LOW INCOME CHILDREN 5,000
    MOBILE HOPE ASSOCIATION
    302 PARKER CT SE
    LEESBURG,VA20175
    NONE PC GENERAL OPERATING SUPPORT 7,000
    RHODE ISLAND COMMUNITY FOOD BANK
    200 NIANTIC AVE
    PROVIDENCE,RI02907
    NONE PC GENERAL OPERATING SUPPORT 5,000
    ROBINSON THEATRE COMPANY
    5035 SIDEBURN ROAD
    FAIRFAX,VA22032
    NONE PC PROVIDE TRANSPORTATION FOR YOUTH 11,860
    SCIENCE MUSEUM OF VIRGINIA
    2500 W BROAD STREET
    RICHMOND,VA23220
    NONE PC THE GREEN AT THE SCIENCE MUSEUM OF VIRGINIA 25,000
    SOUTHERN ENVIRONMENTAL LAW CENTER
    530 E MAIN ST SUITE 620
    RICHMOND,VA23219
    NONE PC FIGHTING CLIMARTE CHANGE & PROTECTING CLEAN WATER 25,000
    THE FAMILY PANTRY OF CAPE COD
    133 QUEEN ANNE RD
    HARWICH,MA02645
    NONE 501(C)(3) GENERAL OPERATING SUPPORT 5,000
    THE SOCIETY OF ST ANDREW INC
    3383 SWEET HOLLOW ROAD
    BIG ISLAND,VA24526
    NONE PC THE VIRGINIA GLEANING NETWORK 5,000
    THE VISUAL ARTS CENTER OF RICHMOND
    1812 W MAIN ST
    RICHMOND,VA23220
    NONE PC ART AFTER SCHOOL 10,000
    Total .................................bullet 3a 268,860
    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 ............
        18 232,320  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 649,999 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    649,999
    (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 InvestmentsCorpBondsSchedule
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 272,436 271,266

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITIES 2,241,596 3,076,287

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    US Government Securities - End of Year Book Value:

    205,749
    US Government Securities - End of Year Fair Market Value:

    203,589
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS AT COST 437,742 436,280
    ALTERNATIVE INVESTMENTS AT COST 474,372 522,014
    REAL ESTATE FUNDS AT COST 374,578 378,702

    TY 2021 OtherIncomeSchedule2
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    US TREASURY REFUND 27,161 0 27,161
    ANNUITY 273,416 273,416 273,416


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 46,267 46,267   0


    TY 2021 TaxesSchedule
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 684 684   0