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 12-01-2021 , and ending 11-30-2022
Name of foundation
THE JACKSON FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)104 SHOCKOE SLIP SUITE 2B
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RICHMOND, VA23219
A Employer identification number

54-1186114
B Telephone number (see instructions)

(804) 648-1418
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$19,224,183J 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 7 7  
4 Dividends and interest from securities... 412,534 412,534  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,674,735
b Gross sales price for all assets on line 6a 5,916,490
7 Capital gain net income (from Part IV, line 2)... 1,674,735
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........ 2,087,276 2,087,276  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 51,996 51,996   0
14 Other employee salaries and wages...... 28,972 28,972   0
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 95 95   0
b Accounting fees (attach schedule)....... Click to see attachment 7,765 7,765   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 32,569 8,373   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 11,000 11,000   0
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 90,842 90,841   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 223,239 199,042   0
25 Contributions, gifts, grants paid....... 824,500 824,500
26 Total expenses and disbursements. Add lines 24 and 25 1,047,739 199,042   824,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,039,537
b Net investment income (if negative, enter -0-) 1,888,234
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............. 303,392 639,112 639,112
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)      
b Investments—corporate stock (attach schedule)....... 4,844,408 Click to see attachment4,281,826 7,268,860
c Investments—corporate bonds (attach schedule)....... 1,473,399 Click to see attachment1,254,172 1,171,394
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 8,567,424 Click to see attachment10,068,021 10,144,817
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) 15,188,623 16,243,131 19,224,183
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) Click to see attachment2,587 Click to see attachment2,664
23 Total liabilities (add lines 17 through 22)......... 2,587 2,664
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........ 15,186,036 16,240,467
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)..... 15,186,036 16,240,467
30 Total liabilities and net assets/fund balances (see instructions). 15,188,623 16,243,131
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
15,186,036
2
Enter amount from Part I, line 27a .....................
2
1,039,537
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
14,894
4
Add lines 1, 2, and 3 ..........................
4
16,240,467
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
16,240,467
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 AMERICAN INTL GROUP INC P    
b ARCH CAPITAL GROUP LTD P    
c ARCH CAPITAL GROUP LTD P    
d ARCH CAPITAL GROUP LTD P    
e ARCH CAPITAL GROUP LTD P    
ARCH CAPITAL GROUP LTD P    
AT&T INC P    
AT&T INC P    
BAKER HUGHES CO P    
BAKER HUGHES CO P    
BANK OF AMERICA CORP P    
BELLRING BRANDS INC P    
BELLRING BRANDS INC P    
BELLRING BRANDS INC P    
BELLRING BRANDS INC P    
BELLRING BRANDS INC P    
BELLRING BRANDS INC P    
BELLRING BRANDS INC P    
BERKSHIRE HATHAWAY INC CL B P    
CHARLES SCHWAB CORP P    
CIGNA CORP P    
CIGNA CORP P    
CIGNA CORP P    
CIGNA CORP P    
COMCAST CORP CL A P    
COMCAST CORP CL A P    
COMCAST CORP CL A P    
CVS HEALTH CORP P    
CVS HEALTH CORP P    
CVS HEALTH CORP P    
CVS HEALTH CORP P    
CVS HEALTH CORP P    
DISH NETWORK CORP CL A P    
DOLLAR TREE INC P    
DOLLAR TREE INC P    
DOLLAR TREE INC P    
DOLLAR TREE INC P    
DOMINION ENERGY INC P    
DOMINION ENERGY INC P    
DOMINION ENERGY INC P    
FLEETCOR TECHNOLOGIES INC P    
FLEETCOR TECHNOLOGIES INC P    
FOX CORP CL A P    
HF SINCLAIR CORP P    
HF SINCLAIR CORP P    
INTEL CORP P    
INTEL CORP P    
INTEL CORP P    
KRAFT HEINZ CO P    
LABORATORY CORP AMERICA HOLDINGS P    
LIBERTY GLOBAL PLC CLASS A P    
LIBERTY GLOBAL PLC CLASS A P    
LIBERTY GLOBAL PLC CLASS A P    
LKQ CORP P    
LKQ CORP P    
LKQ CORP P    
LKQ CORP P    
LKQ CORP P    
LOCKHEED MARTIN CORP P    
LOCKHEED MARTIN CORP P    
LOCKHEED MARTIN CORP P    
LOCKHEED MARTIN CORP P    
MARATHON PETROLEUM CORPORATION P    
MARATHON PETROLEUM CORPORATION P    
MARATHON PETROLEUM CORPORATION P    
MCKESSON CORP P    
MCKESSON CORP P    
MCKESSON CORP P    
MERCK & CO INC P    
MERCK & CO INC P    
MERCK & CO INC P    
MERCK & CO INC P    
META PLATFORMS INC CL A P    
META PLATFORMS INC CL A P    
META PLATFORMS INC CL A P    
NATIONWIDE CORE PLUS BOND R6 P    
O'REILLY AUTOMOTIVE INC P    
O'REILLY AUTOMOTIVE INC P    
O'REILLY AUTOMOTIVE INC P    
O'REILLY AUTOMOTIVE INC P    
ORGANON & CO P    
ORGANON & CO P    
ORGANON & CO P    
POST HOLDINGS INC P    
POST HOLDINGS INC P    
PROGRESSIVE CORP P    
PROGRESSIVE CORP P    
PROGRESSIVE CORP P    
PROGRESSIVE CORP P    
TJX COS INC P    
TJX COS INC P    
VERTEX PHARMACEUTICALS INC P    
VERTEX PHARMACEUTICALS INC P    
VERTEX PHARMACEUTICALS INC P    
VERTEX PHARMACEUTICALS INC P    
VERTEX PHARMACEUTICALS INC P    
VMWARE INC P    
VMWARE INC P    
WARNER BROS DISCOVERY INC CL A P    
WARNER BROS DISCOVERY INC CL A P    
WARNER BROS DISCOVERY INC CL A P    
WELLS FARGO & CO P    
WESTERN DIGITAL CORP P    
WESTERN DIGITAL CORP P    
ACCENTURE PLC I P    
MICROSOFT CORP P    
MICROSOFT CORP P    
MERCADORLIBRE INC P    
MERCADORLIBRE INC P    
ADVANCED MICRO P    
VISA INC COM CL P    
MASTERCARD INC P    
MASTERCARD INC P    
COMCAST CORP GT P    
HALLIBURTON CO P    
SCHWAB STRATEGIC P    
VANGUARD SCOTTS P    
SCHWAB STRATEGIC P    
HALLIBURTON CO P    
HALLIBURTON CO P    
APPLE INC P    
WISDOMTREE TR P    
ILLUMINA INC CO P    
ILLUMINA INC CO P    
TMOBILE US INC P    
DISH NETWORK CO P    
DISH NETWORK CO P    
BALL CORP INC P    
BALL CORP INC P    
SCHWAB STRATEGIC P    
VANGUARD SCOTTS P    
SCHWAB STRATEGIC P    
WISDOMTREE TR P    
ISHARES TR FLTG P    
ISHARES TR INTE P    
AT&T INC GLOBAL P    
AT&T INC GLOBAL P    
AT&T INC GLOBAL P    
SCHWAB STRATEGIC P    
VANGUARD SCOTTS P    
SCHWAB STRATEGIC P    
MEDTRONIC PLC S P    
CESARS ENTMT I P    
MEDTRONIC PLC S P    
SONY GROUP CORP P    
SONY GROUP CORP P    
APPLE INC P    
TMOBILE US INC P    
BERKSHIRE HATHAWAY P    
AMERICAN TOWER P    
DANAHER CORP CO P    
VISA INC COM CL P    
JPMORGAN CHASE P    
ACCENTURE PLC I P    
UNION PAC CORP P    
ALPHABET INC CA P    
ABBOTT LABS COM P    
BROOKFIELD ASSET P    
EOG RES INC COM P    
CARMAX INC COM P    
MASTERCARD INC P    
TJX COS INC NEW P    
INTUIT COM P    
COSTCO WHOLESALE P    
PIONEER NAT RES P    
UNITEDHEALTH GR P    
BANK AMER CORP P    
MOODYS CORP COM P    
BROADCOM INC CO P    
MICROSOFT CORP P    
HOME DEPOT INC P    
TMOBILE US INC P    
DISNEY WALT CO P    
ELECTRONIC ARTS P    
MARKEL CORP COM P    
BOOKING HLDGS I P    
SHERWIN WILLIAM P    
AON PLC REGISTE P    
MARTIN MARIETTA P    
CONSELLATION B P    
META PLATFORMS P    
AIR PRODS & CHE P    
SERVICENOW INC P    
JOHNSON & JOHNSON P    
ADOBE SYS INC C P    
HONEYWELL INTL P    
AMAZON COM INC P    
ISHARES TR INTE P    
WISDOMTREE TR P    
VANGUARD SCOTTS P    
SCHWAB STRATEGIC P    
SCHWAB STRATEGIC P    
WALMART INC NT P    
CHEVRON CORP NE P    
AMGEN INC SR NT P    
PAYPAL HLDGS IN P    
CVS HEALTH CORP P    
CITIGROUP INC F P    
APPLIED MATLS I P    
SHERWIN WILLIAM P    
ISHARES TR FLTG P    
GENERAL MTRS FI P    
AMAZON COM INC P    
DEER JOHN CAP P    
WALT DISNEY CO P    
ISHARES TR INTE P    
UNITED STATES T P    
WALMART INC NT P    
PIONEER NAT RES P    
PIONEER NAT RES P    
TMOBILE US INC P    
DEER JOHN CAP P    
DEER JOHN CAP P    
TJX COS INC NEW P    
TJX COS INC NEW P    
BLACKROCK INC P    
BOARDWALK PIPELINES P    
FISERV INC P    
SHERWIN WILLIAM P    
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 34,003   22,720 11,283
b 10,897   7,817 3,080
c 4,331   3,552 779
d 59,699   35,052 24,647
e 12,826   7,088 5,738
15,022   8,026 6,996
20,663   17,967 2,696
43,179   36,262 6,917
678   249 429
38,682   14,234 24,448
9,785   4,914 4,871
588   640 -52
3,820   4,241 -421
1,908   2,134 -226
10   12 -2
2,195   2,560 -365
18,682   18,985 -303
5,409   6,202 -793
16,902   9,740 7,162
8,382   3,905 4,477
10,482   8,309 2,173
31,762   22,376 9,386
25,323   17,343 7,980
29,782   15,700 14,082
15,950   11,864 4,086
7,223   5,440 1,783
31,671   24,756 6,915
15,394   12,492 2,902
15,857   9,588 6,269
2,575   1,575 1,000
5,143   3,150 1,993
29,439   20,790 8,649
53,563   98,530 -44,967
21,158   15,276 5,882
26,232   17,165 9,067
27,088   16,143 10,945
22,087   12,363 9,724
11,380   11,510 -130
33,191   30,965 2,226
23,953   19,528 4,425
43,085   43,252 -167
25,508   29,049 -3,541
37,575   23,952 13,623
32,338   19,495 12,843
27,093   15,844 11,249
29,044   37,833 -8,789
15,290   18,556 -3,266
36,298   63,043 -26,745
10,889   9,772 1,117
43,333   21,584 21,749
35,325   53,666 -18,341
26,420   39,697 -13,277
791   1,133 -342
15,568   7,224 8,344
1,901   880 1,021
15,211   7,277 7,934
25,930   10,099 15,831
10,119   3,029 7,090
9,416   9,523 -107
36,738   34,623 2,115
62,012   50,260 11,752
31,044   22,231 8,813
20,078   12,315 7,763
25,630   15,359 10,271
11,549   6,918 4,631
24,233   11,529 12,704
61,525   25,845 35,680
25,820   9,696 16,124
22,936   18,383 4,553
34,426   26,978 7,448
15,867   12,135 3,732
18,028   12,603 5,425
8,681   8,215 466
23,447   46,051 -22,604
45,847   68,996 -23,149
880,604   861,825 18,779
12,992   9,205 3,787
11,458   8,106 3,352
6,072   3,969 2,103
44,008   27,782 16,226
8,866   8,281 585
30,267   24,485 5,782
30,125   26,310 3,815
10,210   9,220 990
7,991   6,670 1,321
18,313   9,378 8,935
8,627   2,467 6,160
27,791   16,894 10,897
9,673   2,404 7,269
15,787   7,450 8,337
10,681   4,665 6,016
15,667   15,511 156
8,480   8,420 60
29,448   25,302 4,146
29,040   23,597 5,443
36,645   27,429 9,216
15,923   8,308 7,615
24,885   11,201 13,684
7   7 0
24,985   38,204 -13,219
119   171 -52
10,941   5,232 5,709
33,131   53,743 -20,612
1,304   1,748 -444
30,734   2,977 27,757
4,831   3,684 1,147
47,985   20,754 27,231
18,786   24,099 -5,313
41,094   42,626 -1,532
76,678   48,752 27,926
19,484   1,641 17,843
6,449   1,738 4,711
28,070   25,815 2,255
61,252   64,523 -3,271
11,640   11,091 549
11,007   11,621 -614
11,265   11,715 -450
12,736   13,051 -315
26,455   27,194 -739
25,144   24,197 947
29,539   468 29,071
25   25 0
18,389   20,846 -2,457
19,357   28,749 -9,392
27,198   23,161 4,037
7,718   17,422 -9,704
39,439   64,324 -24,885
21,407   28,422 -7,015
49,696   62,651 -12,955
3,356   3,739 -383
4,195   4,538 -343
5,642   5,909 -267
7,649   7,643 6
11,473   11,681 -208
11,086   12,318 -1,232
4,787   4,971 -184
23,936   25,028 -1,092
33,510   35,048 -1,538
5,944   7,019 -1,075
7,851   8,745 -894
8,380   8,940 -560
22,036   29,180 -7,144
21,197   51,751 -30,554
47,676   55,848 -8,172
9,611   15,857 -6,246
53,382   66,221 -12,839
9,749   173 9,576
280   223 57
2,309   244 2,065
1,860   295 1,565
6,297   495 5,802
6,678   668 6,010
1,844   694 1,150
6,620   928 5,692
1,943   969 974
11,235   995 10,240
1,474   1,167 307
7,182   1,448 5,734
2,696   2,012 684
5,992   2,234 3,758
8,274   2,761 5,513
3,044   2,994 50
3,759   3,813 -54
3,977   3,823 154
5,380   3,896 1,484
5,977   4,113 1,864
3,415   4,113 -698
4,920   4,153 767
7,312   4,183 3,129
7,915   4,457 3,458
7,670   4,757 2,913
6,289   5,264 1,025
3,983   5,742 -1,759
6,030   6,077 -47
5,734   6,103 -369
5,426   6,690 -1,264
5,983   6,927 -944
9,982   6,927 3,055
6,994   6,982 12
8,960   8,351 609
3,405   8,513 -5,108
8,021   8,890 -869
6,641   9,312 -2,671
10,289   10,709 -420
7,924   10,928 -3,004
10,126   12,458 -2,332
14,432   21,450 -7,018
1,010   1,173 -163
4,775   4,777 -2
7,679   8,580 -901
8,230   8,786 -556
7,581   8,975 -1,394
8,698   10,023 -1,325
9,223   10,161 -938
8,876   10,185 -1,309
9,519   10,234 -715
9,153   10,454 -1,301
9,477   10,567 -1,090
9,377   10,690 -1,313
9,186   10,828 -1,642
14,061   14,221 -160
12,558   15,007 -2,449
13,113   15,020 -1,907
14,557   15,424 -867
14,422   15,920 -1,498
20,192   23,098 -2,906
24,157   24,210 -53
4,355   5,012 -657
10,944   6,733 4,211
26,426   19,284 7,142
29,729   21,999 7,730
9,712   10,272 -560
33,990   35,026 -1,036
10,305   8,710 1,595
14,170   11,906 2,264
37,011   35,172 1,839
43,794   40,215 3,579
42,042   40,892 1,150
27,602   9,096 18,506
1,214,507     1,214,507
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       11,283
b       3,080
c       779
d       24,647
e       5,738
      6,996
      2,696
      6,917
      429
      24,448
      4,871
      -52
      -421
      -226
      -2
      -365
      -303
      -793
      7,162
      4,477
      2,173
      9,386
      7,980
      14,082
      4,086
      1,783
      6,915
      2,902
      6,269
      1,000
      1,993
      8,649
      -44,967
      5,882
      9,067
      10,945
      9,724
      -130
      2,226
      4,425
      -167
      -3,541
      13,623
      12,843
      11,249
      -8,789
      -3,266
      -26,745
      1,117
      21,749
      -18,341
      -13,277
      -342
      8,344
      1,021
      7,934
      15,831
      7,090
      -107
      2,115
      11,752
      8,813
      7,763
      10,271
      4,631
      12,704
      35,680
      16,124
      4,553
      7,448
      3,732
      5,425
      466
      -22,604
      -23,149
      18,779
      3,787
      3,352
      2,103
      16,226
      585
      5,782
      3,815
      990
      1,321
      8,935
      6,160
      10,897
      7,269
      8,337
      6,016
      156
      60
      4,146
      5,443
      9,216
      7,615
      13,684
      0
      -13,219
      -52
      5,709
      -20,612
      -444
      27,757
      1,147
      27,231
      -5,313
      -1,532
      27,926
      17,843
      4,711
      2,255
      -3,271
      549
      -614
      -450
      -315
      -739
      947
      29,071
      0
      -2,457
      -9,392
      4,037
      -9,704
      -24,885
      -7,015
      -12,955
      -383
      -343
      -267
      6
      -208
      -1,232
      -184
      -1,092
      -1,538
      -1,075
      -894
      -560
      -7,144
      -30,554
      -8,172
      -6,246
      -12,839
      9,576
      57
      2,065
      1,565
      5,802
      6,010
      1,150
      5,692
      974
      10,240
      307
      5,734
      684
      3,758
      5,513
      50
      -54
      154
      1,484
      1,864
      -698
      767
      3,129
      3,458
      2,913
      1,025
      -1,759
      -47
      -369
      -1,264
      -944
      3,055
      12
      609
      -5,108
      -869
      -2,671
      -420
      -3,004
      -2,332
      -7,018
      -163
      -2
      -901
      -556
      -1,394
      -1,325
      -938
      -1,309
      -715
      -1,301
      -1,090
      -1,313
      -1,642
      -160
      -2,449
      -1,907
      -867
      -1,498
      -2,906
      -53
      -657
      4,211
      7,142
      7,730
      -560
      -1,036
      1,595
      2,264
      1,839
      3,579
      1,150
      18,506
      1,214,507
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 1,674,735
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 26,246
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 26,246
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 20,800
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 20,800
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 5,446
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
    Yes
     
    Website addressbulletWWW.JACKSONF.ORG
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (804) 644-5735

    Located atbullet104 SHOCKOE SLIPRICHMONDVA ZIP+4bullet23219
    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)
    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
    ANTHONY JAMES ASCH PRESIDENT
    0.50     		0 0 0
    104 SHOCKHOE SLIP SUITE 2B
    RICHMOND,VA23219
    THOMAS ANDREW ASCH VICE PRESIDENT
    0.50     		0 0 0
    104 SHOCKHOE SLIP SUITE 2B
    RICHMOND,VA23219
    NANCY BELLEMAN DIRECTOR
    0.50     		0 0 0
    104 SHOCKHOE SLIP SUITE 2B
    RICHMOND,VA23219
    JILL MCCORMICK EXEC. DIR.
    20.00     		51,996 0 0
    104 SHOCKHOE SLIP SUITE 2B
    RICHMOND,VA23219
    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
    20,086,863
    b
    Average of monthly cash balances.......................
    1b
    620,395
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    20,707,258
    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
    20,707,258
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    310,609
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    20,396,649
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,019,832
    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
    1,019,832
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    26,246
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    26,246
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    993,586
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    993,586
    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
    993,586
    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 7 993,586
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 28,652
    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$ 824,500
    a Applied to 2020, but not more than line 2a 28,652
    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..... 795,848
    e Remaining amount distributed out of corpus 0
    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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		197,738
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JILL MCCORMICK
    104 SHOCKOE SLIP SUITE 2B
    RICHMOND,VA23219
    (804) 644-5735
    bThe form in which applications should be submitted and information and materials they should include:
    NO PRESCRIBED FORM
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    CAPITAL CENTER OF VIRGINIA
    PO BOX 4255
    RICHMOND,VA232208255     		NONE PUBLIC CHARITY GENERAL PURPOSES 10,000
    CHALLENGE DISCOVERY
    22 WESTHAMPTON WAY
    RICHMOND,VA23173     		NONE PUBLIC CHARITY GENERAL PURPOSES 45,000
    CHESTERFIELD EDUCATIONAL FOUNDATION
    13900 HULL STREET ROAD
    MIDLOTHIAN,VA23112     		NONE PUBLIC CHARITY GENERAL PURPOSES 30,000
    CHILDSAVERS
    200 N 22ND ST
    RICHMOND,VA23223     		NONE PUBLIC CHARITY GENERAL PURPOSES 40,000
    COMMUNITIES IN SCHOOLS OF RICHMOND
    PO BOX 17830
    RICHMOND,VA23226     		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000
    FAMILY LIFELINE
    2325 W BROAD ST
    RICHMOND,VA23220     		NONE PUBLIC CHARITY GENERAL PURPOSES 45,000
    FRIENDS OF RICHMOND COMMUNITY HIGH SCHOOL
    201 E BROOKLAND PARK BLVD
    RICHMOND,VA23222     		NONE PUBLIC CHARITY GENERAL PURPOSES 60,000
    GRASP
    2821 EMERYWOOD PARKWAY SUITE 204
    RICHMOND,VA23294     		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000
    GREATER RICHMOND FIT4KIDS
    1111 N 25TH ST
    RICHMOND,VA23223     		NONE PUBLIC CHARITY GENERAL PURPOSES 40,000
    GREATER RICHMOND SCAN
    103 E GRACT ST
    RICHMOND,VA23219     		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000
    HUMANKIND
    908 N THOMPSON ST
    RICHMOND,VA23230     		NONE PUBLIC CHARITY GENERAL PURPOSES 43,000
    J SARGENT REYNOLDS COMMUNITY COLLEGE EDUCATIONAL FOUNDATION
    PO BOX 26924
    RICHMOND,VA232616924     		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000
    JAMES RIVER ASSOCIATION
    211 ROCKETTS WAY 200
    RICHMOND,VA23231     		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000
    PARTNERSHIP FOR HOUSING AFFORDABILITY
    8975 THREE CHOPT ROAD
    RICHMOND,VA23229     		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000
    RICHMOND HILL INC
    2209 EAST GRACE STREET
    RICHMOND,VA23223     		NONE PUBLIC CHARITY GENERAL PURPOSES 40,000
    SACRED HEART CENTER
    1400 PERRY ST
    RICHMOND,VA23224     		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000
    SHALOM FARMS
    1010 W LABURNUM AVE
    RICHMOND,VA23227     		NONE PUBLIC CHARITY GENERAL PURPOSES 35,000
    VIRGINIA CENTER FOR INCLUSIVE COMMUNITIES
    5511 STAPLES MILL R 202
    RICHMOND,VA23228     		NONE PUBLIC CHARITY GENERAL PURPOSES 40,000
    VIRGINIA LEAGUE FOR PLANNED PARENTHOOD
    201 N HAMILTON ST
    RICHMOND,VA23221     		NONE PUBLIC CHARITY GENERAL PURPOSES 45,000
    YWCA OF RICHMOND
    6 N 5TH ST
    RICHMOND,VA23219     		NONE PUBLIC CHARITY GENERAL PURPOSES 51,500
    Total .................................bullet 3a 824,500
    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 ...........     		    14 7  
    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 1,674,735  
    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 2,087,276 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,087,276
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 7,765 7,765   0

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DAVENPORT CORPORATE 1,254,172 1,171,394

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SUNTRUST COMMON 2,068,181 2,897,555
    DAVENPORT COMMON 2,213,645 4,371,305

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    COLUMBIA FUND AT COST 3,876,462 3,275,087
    AMERICAN CENTURY FUND AT COST 2,558,351 3,152,484
    JANUS FUND AT COST 1,328,424 1,232,553
    SUNTRUST MUTUAL FUNDS AT COST 898,988 765,102
    REBOCO WPG FUND AT COST 1,404,450 1,718,245
    HBT LP AT COST 1,346 1,346

    TY 2021 LegalFeesSchedule
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 95 95   0


    TY 2021 OtherExpensesSchedule
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PARKING 3,420 3,420   0
    INVESTMENT MANAGEMENT FEES 79,312 79,312   0
    UTILITIES 2,180 2,180   0
    TAXES AND LICENSES 56 55   0
    POSTAGE 60 60   0
    INTERNET SERVICE PROVIDER 2,417 2,417   0
    BANK SERVICE CHARGE 15 15   0
    INSURANCE 1,482 1,482   0
    EDUCATION AND SEMINARS 1,000 1,000   0
    MISCELLANEOUS 381 381   0
    SOFTWARE 53 53   0
    CLEANING AND MAINTENANCE 200 200   0
    FEE 266 266   0


    TY 2021 OtherIncreasesSchedule
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Description Amount
    BOOK/TAX DIFFERENCE ON SALE OF SECURITIES 14,894


    TY 2021 OtherLiabilitiesSchedule
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL LIABILITIES 2,587 2,664


    TY 2021 TaxesSchedule
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 675 675   0
    PAYROLL TAXES 7,698 7,698   0
    EXCISE TAX PAID 24,196 0   0