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 07-01-2021 , and ending 06-30-2022
Name of foundation
Barnhill Family Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

45-4917069
B Telephone number (see instructions)

(800) 839-1754
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$27,006,804J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 4,294,188
2 Check bullet.............
3 Interest on savings and temporary cash investments 989 989  
4 Dividends and interest from securities... 495,239 495,239  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 690,444
b Gross sales price for all assets on line 6a 903,494
7 Capital gain net income (from Part IV, line 2)... 690,444
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).......      
12 Total. Add lines 1 through 11........ 5,480,860 1,186,672  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 213,715 103,930   109,785
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 19,200      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,885     4,885
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 88,429     88,429
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 326,229 103,930   203,099
25 Contributions, gifts, grants paid....... 1,548,956 1,548,956
26 Total expenses and disbursements. Add lines 24 and 25 1,875,185 103,930   1,752,055
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,605,675
b Net investment income (if negative, enter -0-) 1,082,742
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......... 1,056,208 580,745 580,745
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)....... 20,202,442 Click to see attachment24,283,580 26,426,059
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)..........      
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) 21,258,650 24,864,325 27,006,804
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 21,258,650 24,864,325
29 Total net assets or fund balances (see instructions)..... 21,258,650 24,864,325
30 Total liabilities and net assets/fund balances (see instructions). 21,258,650 24,864,325
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
21,258,650
2
Enter amount from Part I, line 27a .....................
2
3,605,675
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
24,864,325
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
24,864,325
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(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 903,494   213,050 690,444
b
c
d
e
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       690,444
b
c
d
e
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 2 690,444
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 15,050
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 15,050
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 15,054
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 100
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 15,154
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 10 104
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet104 RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDE
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Austin Barnhill Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Christian Barnhill Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Penny Barnhill Dir, VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Sarah Barnhill Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Robert Barnhill III Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Robert E Barnhill Jr Pres, Dir, Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Leigh Edwards Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Rob Edwards Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Trust of the South Investment MGMT 103,930
    800 GREENVALLEY RD 304
    GREENSBORO,NC27408
    Foundation Source Administrative 86,914
    55 Walls Drive 3rd Fl
    Fairfield,CT06824
    Barnhill Contracting Company Philanthropic 57,285
    800 Tiffany Blvd Suite 200
    Rocky Mount,NC27804
    The Simple Steward LLC Philanthropic 52,500
    5100 Lansing Drive
    Charlotte,NC28270
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    28,944,307
    b
    Average of monthly cash balances.......................
    1b
    590,320
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    29,534,627
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    29,534,627
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    443,019
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    29,091,608
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,454,580
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    1,454,580
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    15,050
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    15,050
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,439,530
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,439,530
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,439,530
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,439,530
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020...... 81,457
    f Total of lines 3a through e ........ 81,457
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,752,055
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 1,439,530
    e Remaining amount distributed out of corpus 312,525
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 393,982
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		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) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		393,982
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020.... 81,457
    e Excess from 2021.... 312,525
    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).)
    Austin Barnhill
    Christian Barnhill
    Leigh Edwards
    Penny Barnhill
    Rob Edwards
    Robert Barnhill III
    Robert E Barnhill Jr
    SARAH BARNHILL
    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
    ABILITIES TENNIS ASSOCIATION OF NORTH CAROLINA
    PO BOX 12522
    RALEIGH,NC27605     		N/A PC Footprints on the Court/Abilities Tennis 1,000
    BOARD OF CONTROL FOR SOUTHERN REGIONAL EDUCATION
    592 10TH ST NW
    ATLANTA,GA30318     		N/A PC The North Carolina Pathways to Excellence for Teaching Professionals 25,000
    BOY SCOUTS OF AMERICA
    313 BOY SCOUT BLVD
    KINSTON,NC28501     		N/A PC 2021 ECC Northern Region Distinguished Citizen Awards program 1,250
    BOYS & GIRLS CLUBS OF THE COASTAL PLAIN INC
    621 W FIRE TOWER RD
    WINTERVILLE,NC28590     		N/A PC Lucille Gorham Intergenerational Community Center 15,000
    BOYS & GIRLS CLUBS OF THE COASTAL PLAIN INC
    621 W FIRE TOWER RD
    WINTERVILLE,NC28590     		N/A PC Formula for Impact 30,000
    BOYS & GIRLS CLUBS OF THE TAR RIVER REGION INC
    PO BOX 1622
    ROCKY MOUNT,NC27802     		N/A PC facility updates fund 8,000
    BOYS & GIRLS CLUBS OF THE TAR RIVER REGION INC
    PO BOX 1622
    ROCKY MOUNT,NC27802     		N/A PC membership scholarship fund 15,000
    BOYS & GIRLS CLUBS OF THE TAR RIVER REGION INC
    PO BOX 1622
    ROCKY MOUNT,NC27802     		N/A PC Steak and Burger Fundraiser 2021 1,250
    BOYS CLUB OF WAKE COUNTY INC
    701 N RALEIGH BLVD
    RALEIGH,NC27610     		N/A PC Great Futures 2022 10,000
    BOYS CLUB OF WAKE COUNTY INC
    701 N RALEIGH BLVD
    RALEIGH,NC27610     		N/A PC General & Unrestricted 35,000
    CASA
    624 W JONES ST
    RALEIGH,NC27603     		N/A PC King's Ridge fund 100,000
    CENTER FOR SCIENCE TECHNOLOGY AND LEADERSHIP
    PO BOX 165 7449 N MAIN ST
    BETHEL,NC27812     		N/A PC MAGC, Bethel Afterschool Scholars, CFLC, the Center, and/or the Cornerstone Medical Academy 27,500
    CENTER FOR SCIENCE TECHNOLOGY AND LEADERSHIP
    PO BOX 165 7449 N MAIN ST
    BETHEL,NC27812     		N/A PC Expanding physical space (EPS) 52,000
    CHRISTIAN FELLOWSHIP HOME OF NASH-EDGECOMBE
    301 S GRACE ST
    ROCKY MOUNT,NC27804     		N/A PC Operational Support 7,000
    CONSERVATION TRUST FOR NORTH CAROLINA
    1028 WASHINGTON ST
    RALEIGH,NC27605     		N/A PC Seeding Resilience in Princeville 15,000
    CONVOY OF HOPE
    1 CONVOY DR
    SPRINGFIELD,MO65802     		N/A PC Relief for Ukraine 50,000
    CONVOY OF HOPE
    1 CONVOY DR
    SPRINGFIELD,MO65802     		N/A PC Kentucky Tornado Relief 20,000
    CRU GLOBAL INC
    PO BOX 628222
    ORLANDO,FL32862     		N/A PC Cru Core Training Mission 3,000
    DOWN EAST PARTNERSHIP FOR CHILDREN
    PO BOX 1245
    ROCKY MOUNT,NC27802     		N/A PC Early Literacy Support 500
    EAST CAROLINA UNIVERSITY
    G120 OLD CAFETERIA COMPLEX E 5th st
    GREENVILLE,NC27858     		N/A GOV Heart Rate Variability Biofeedback In COVID-19 Patients 58,657
    EDGECOMBE COUNTY PUBLIC SCHOOLS EDUCATIONAL FDN
    2311 N MAIN ST
    TARBORO,NC27886     		N/A SO II North Phillips School of Innovation (NPSI) 144,847
    FIRST BAPTIST CHURCH
    PO BOX 1556
    TARBORO,NC27886     		N/A PC First Baptist Church Academy 7,125
    FREEDOM SCHOOL PARTNERS INC
    PO BOX 37363
    CHARLOTTE,NC28237     		N/A PC Summer program 1,000
    HELPING A HERO ORG
    PO BOX 19310
    HOUSTON,TX77224     		N/A PC Johnny Morris 100 Homes Challenge 100,000
    JDRF INTERNATIONAL
    200 VESEY ST 28TH FLOOR
    NEW YORK,NY10281     		N/A PC T1D Fund 80,000
    JDRF INTERNATIONAL - GREATER WESTERN CAROLINAS
    205 REGENCY EXECUTIVE PARK DR 102
    CHARLOTTE,NC28217     		N/A PC General & Unrestricted 15,000
    JONATHAN PROJECT INC
    2974 E BATTLEFIELD ST
    SPRINGFIELD,MO65804     		N/A PC General & Unrestricted 25,000
    LIGHTHOUSE HOME
    1016 EASTERN AVE
    ROCKY MOUNT,NC27801     		N/A PC Lighthouse Home Repairs fund 15,000
    MARBLES KIDS MUSEUM
    201 E HARGETT ST
    RALEIGH,NC27601     		N/A PC TriplePlay Partner and Family Membership fund for Access to Achieve Participants 20,000
    MI CO CORPORATION
    312 SAINT ANDREW ST
    TARBORO,NC27886     		N/A PC Summer 2021 program 17,641
    MI CO CORPORATION
    312 SAINT ANDREW ST
    TARBORO,NC27886     		N/A PC AOL (Athletes of Life) Summer Internship Program 15,000
    MOUNT ST JOSEPH UNIVERSITY
    5701 DELHI RD
    CINCINNATI,OH45233     		N/A PC The Summit on the Science of Reading in Higher Education 18,000
    NASH HEALTH CARE FOUNDATION
    2460 CURTIS ELLIS DR
    ROCKY MOUNT,NC27804     		N/A PC Community Paramedic Program 8,500
    NASH-ROCKY MOUNT SCHOOL DISTRICT
    930 EASTERN AVE
    NASHVILLE,NC27856     		N/A GOV B.A.R.K. (Building Achievable Reading Knowledge) 7,762
    NEW LEADERS
    30 WEST 26TH ST 10TH FLOOR
    NEW YORK,NY10010     		N/A PC Developing Transformational Instructional Leaders, Edgecombe County Public Schools 5,000
    NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION
    940 NW CARY PKWY STE 121
    CARY,NC27513     		N/A PC BEST NC 50,000
    NOTE IN THE POCKET INC
    5100 LACY AVE
    RALEIGH,NC27609     		N/A PC Facility Expansion Campaign 5,000
    PEACEMAKERS OF ROCKY MOUNT INCORPORATED
    2221 W RALEIGH BLVD
    ROCKY MOUNT,NC27803     		N/A PC Freedom School 20,000
    ROCKY MOUNT ROTARY CHARITABLE TR
    PO BOX 8888
    ROCKY MOUNT,NC27804     		N/A PC Tackle the Tar, Patron 500
    RONALD MCDONALD HOUSE OF CHARLOTTE INC
    1613 E MOREHEAD ST
    CHARLOTTE,NC28207     		N/A PC General & Unrestricted 1,000
    SAGAMORE INSTITUTE INC
    PO BOX 301076
    INDIANAPOLIS,IN46230     		N/A PC Youth Thriving in Twin Counties 350
    SAGAMORE INSTITUTE INC
    PO BOX 301076
    INDIANAPOLIS,IN46230     		N/A PC Underserved Youth Study and Philanthropic Solutions in Nash and Edgecombe Counties 700
    SEARCH INSTITUTE
    3001 BROADWAY ST NE STE 310
    MINNEAPOLIS,MN55413     		N/A PC DA / DR Training SIE: 01038 2,781
    STEP UP MINISTRY
    1701 OBERLIN RD
    RALEIGH,NC27608     		N/A PC Real World Program 5,000
    TEACH FOR AMERICA INC
    PO BOX 11649
    CHARLOTTE,NC28220     		N/A PC to support the Eastern North Carolina Region - Edgecombe County 30,000
    TEACH FOR AMERICA INC
    PO BOX 11649
    CHARLOTTE,NC28220     		N/A PC Edgecombe Corps Residency 8,593
    TEACH FOR AMERICA INC - CHARLOTTE
    5855 EXECUTIVE CENTER dr STE 200
    CHARLOTTE,NC28212     		N/A PC TFA Charlotte-Piedmont Triad General Operating Support 5,000
    THE RELATIVES INC
    6220 THERMAL RD
    CHARLOTTE,NC28211     		N/A PC Capital Campaign 20,000
    THE RELATIVES INC
    6220 THERMAL RD
    CHARLOTTE,NC28211     		N/A PC Guiding Youth in Crisis to Safety and Independence Program 10,000
    THE RELATIVES INC
    6220 THERMAL RD
    CHARLOTTE,NC28211     		N/A PC Breakfast Pledge (Circle of Champions) 3,000
    THE WESTERN YOUTH NETWORK INC
    155 WYN WAY
    BOONE,NC28607     		N/A PC Watauga High School's Advocacy and Success Program 10,000
    THOMPSON CHILD & FAMILY FOCUS
    6800 SAINT PETERS LN
    MATTHEWS,NC28105     		N/A PC Friends of the Children - Charlotte and School-Based Outpatient Therapy 5,000
    TRYON PALACE FOUNDATION INC
    PO BOX 1007
    NEW BERN,NC28563     		N/A PC Garden Cottage 200,000
    UNC HEALTH FOUNDATION INC
    123 W FRANKLIN ST STE 510
    CHAPEL HILL,NC27516     		N/A PC Barnhill Fund for Advances in Cellular Immunotherapy 200,000
    UNC HEALTH FOUNDATION INC
    123 W FRANKLIN ST STE 510
    CHAPEL HILL,NC27516     		N/A PC UNC Lineberger Leadership Partner program 1,000
    URBANPROMISE CHARLOTTE
    PO BOX 12213
    CHARLOTTE,NC28220     		N/A PC UrbanPromise Charlotte StreetLeader & Out-of-School-Time Programs 15,000
    VETERANS CREED OUTDOORS
    511 WITTS DR
    SHERWOOD,AR72120     		N/A PC 22-23 veterans hunting healing and therapy 1,000
    Total .................................bullet 3a 1,548,956
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 989  
    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 ............     		    18 690,444  
    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) ..   1,186,672  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,186,672
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

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

    45-4917069
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    Barnhill Family Foundation
          		Employer identification number
    45-4917069
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    ROBERT E BARNHILL JR
    800 TIFFANY BLVDSTE 200 POBOX 7948
     
    Rocky Mount, NC27804

    		$ 4,294,188


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    Barnhill Family Foundation
          		Employer identification number

    45-4917069
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 ISHARES S&P 500 GROWTH INDEX FUND IVW, 13860 sh. $ 1,153,984 2021-12-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 ISHARES S&P 500 GROWTH INDEX FUND IVW, 2260 sh. $ 188,168 2021-12-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 ISHARES S&P 500 GROWTH INDEX FUND IVW, 3640 sh. $ 303,066 2021-12-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 VANGUARD S&P 500 ETF VOO, 1065 sh. $ 460,597 2021-12-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 VANGUARD S&P 500 ETF VOO, 1805 sh. $ 780,635 2021-12-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 VANGUARD S&P 500 ETF VOO, 3255 sh. $ 1,407,739 2021-12-23
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    Barnhill Family Foundation
          		Employer identification number

    45-4917069
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


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    TY 2021 DepreciationSchedule
    Name:
    Barnhill Family Foundation
    EIN:
    45-4917069
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    Barnhill Family Foundation
    EIN:
    45-4917069
    Name of Stock End of Year Book Value End of Year Fair Market Value
    DFA EMERGING MARKETS CORE EQ P 216,380 193,163
    DFA EMERGING MARKETS PORTFOLIO 672,982 650,549
    DFA EMERGING MARKETS SMALL CAP 270,212 283,484
    DFA EMERGING MARKETS VALUE POR 51,949 52,314
    DFA FIVE YEAR GLOBAL FIXED INC 1,234,714 1,147,491
    DFA GLOBAL REAL ESTATE SECURIT 197,610 204,009
    DFA INTERNATIONAL CORE EQUITY 1,249,358 1,132,856
    DFA INTERNATIONAL REAL ESTATE 7,270 9,057
    DFA INTERNATIONAL SMALL CO POR 1,265,710 1,252,624
    DFA INTERNATIONAL VALUE PORTFO 275,054 338,233
    DFA INVESTMENT GRADE PORTFOLIO 915,312 824,274
    DFA INVT DIMENSIONS GROUP INCW 953,312 793,034
    DFA LARGE CAP INTERNATIONAL PO 1,476,917 1,531,313
    DFA REAL ESTATE SECURITIES POR 129,465 172,139
    DFA U.S. LARGE CAP VALUE PORTF 3,711,491 4,758,635
    DFA U.S. SMALL CAP VALUE PORTF 1,690,565 2,527,886
    ISHARES S&P 500 GROWTH INDEX F 1,645,218 1,192,516
    VANGUARD GROWTH INDEX INSTL CL 1,119,542 2,789,272
    VANGUARD S&P 500 ETF 2,648,971 2,124,640
    VANGUARD SHORT TERM INVESTMENT 1,092,396 1,016,608
    VANGUARD SMALL CAP GROWTH INDE 603,288 863,245
    VANGUARD TOTAL BOND MARKET IND 2,855,864 2,568,717

    TY 2021 OtherExpensesSchedule
    Name:
    Barnhill Family Foundation
    EIN:
    45-4917069
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 86,914     86,914
    Foundation Dues & Memberships 1,260     1,260
    Office Supplies 230     230
    State or Local Filing Fees 25     25


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    Barnhill Family Foundation
    EIN:
    45-4917069
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 103,930 103,930    
    Philanthropic Consulting Srvcs 109,785     109,785


    TY 2021 TaxesSchedule
    Name:
    Barnhill Family Foundation
    EIN:
    45-4917069
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2022 13,500      
    990-PF Extension for 2021 5,700