efile Public Visual Render
ObjectId: 202032879349100908 - Submission: 2020-10-13
TIN: 63-1144265
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
REGIONS FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)
REGIONS TRUST DEPT PO BOX 11647
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BIRMINGHAM
,
AL
352021647
A Employer identification number
63-1144265
B
Telephone number (see instructions)
(205) 420-7753
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
108,373,748
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
2,467,856
2,467,856
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
-17,032
b
Gross sales price for all assets on line 6a
14,659,349
7
Capital gain net income (from Part IV, line 2)
...
0
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)
.......
95,282
94,832
12
Total.
Add lines 1 through 11
........
2,546,106
2,562,688
13
Compensation of officers, directors, trustees, etc.
0
0
0
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
28,273
14,137
14,136
b
Accounting fees (attach schedule)
.......
c
Other professional fees (attach schedule)
....
261,049
261,049
0
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
63,921
0
0
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
2,175
1,088
1,087
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
75,000
37,500
37,500
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
430,418
313,774
52,723
25
Contributions, gifts, grants paid
.......
3,104,536
3,104,536
26
Total expenses and disbursements.
Add lines 24 and 25
3,534,954
313,774
3,157,259
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-988,848
b
Net investment income
(if negative, enter -0-)
2,248,914
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Page 2
Form 990-PF (2019)
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
1
Cash—non-interest-bearing
.............
18,894
4,034,394
4,034,394
2
Savings and temporary cash investments
.........
65,544,815
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
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)
Less: allowance for doubtful accounts
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)
.......
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
33,559,250
94,649,929
104,339,354
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
99,122,959
98,684,323
108,373,748
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
0
550,000
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
)
23
Total liabilities
(add lines 17 through 22)
.........
0
550,000
Foundations that follow FASB ASC 958, check here
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
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
99,122,959
98,134,323
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)
.....
99,122,959
98,134,323
30
Total liabilities and net assets/fund balances
(see instructions)
.
99,122,959
98,684,323
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
99,122,959
2
Enter amount from Part I, line 27a
.....................
2
-988,848
3
Other increases not included in line 2 (itemize)
3
212
4
Add lines 1, 2, and 3
..........................
4
98,134,323
5
Decreases not included in line 2 (itemize)
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
98,134,323
Form
990-PF
(2019)
Page 3
Form 990-PF (2019)
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
SALE OF PUBLICLY TRADED SECURITIES
P
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
14,659,349
14,676,381
-17,032
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
-17,032
b
c
d
e
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
-17,032
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
...................
3
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
Yes
No
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1
Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018
1,835,714
58,573,242
0.031340
2017
337,544
3,451,891
0.097785
2016
252,550
232,576
1.085882
2015
403,458
95,783
4.212209
2014
337,865
145,424
2.323310
2
Total
of line 1, column (d)
.....................
2
7.750526
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years
......
3
1.550105
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
101,989,829
5
Multiply line 4 by line 3
......................
5
158,094,944
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
22,489
7
Add lines 5 and 6
........................
7
158,117,433
8
Enter qualifying distributions from Part XII, line 4
,.............
8
3,157,259
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form
990-PF
(2019)
Page 4
Form 990-PF (2019)
Page
4
Part VI
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
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Domestic foundations that meet the section 4940(e) requirements in Part V, check
1
44,978
here
and enter 1% of Part I, line 27b
...................
c
All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% 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
44,978
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
44,978
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
71,644
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
3,000
d
Backup withholding erroneously withheld
...........
6d
0
7
Total credits and payments. Add lines 6a through 6d
..............
7
74,644
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
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
29,666
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
29,666
Refunded
11
0
Part VII-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 Instructions
for 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.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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 XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
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 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
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
(2019)
Page 5
Form 990-PF (2019)
Page
5
Part VII-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 address
N/A
14
The books are in care of
REGIONS BANK TRUST DEPARTMENT
Telephone no.
(205) 420-7753
Located at
201 MILAN PARKWAY
BIRMINGHAM
AL
ZIP+4
35211
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
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
Part VII-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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
...............
Yes
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.)
.......
Yes
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
Organizations relying on a current notice regarding disaster assistance check here
........
c
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 2019?
.............
1c
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 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
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.
20
,
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?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 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 2019.)
..................
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 2019?
4b
No
Form
990-PF
(2019)
Page 6
Form 990-PF (2019)
Page
6
Part VII-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))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
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?
.....
Yes
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
Organizations relying on a current notice regarding disaster assistance check here
.........
c
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?
..........
Yes
No
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?
.....................
Yes
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?
Yes
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?
.................
Yes
No
Part VIII
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
KEITH HERRON
CHAIRMAN
1.00
0
0
0
1900 FIFTH AVENUE NORTH
BIRMINGHAM
,
AL
35203
LEROY ABRAHAMS
PRESIDENT
1.00
0
0
0
1900 FIFTH AVENUE NORTH
BIRMINGHAM
,
AL
35203
ANN W FORNEY
VICE PRESIDENT
1.00
0
0
0
1900 FIFTH AVENUE NORTH
BIRMINGHAM
,
AL
35203
MARTA SELF
TREASURER/EXECUTIVE DIRECTOR
1.00
0
0
0
1900 FIFTH AVENUE NORTH
BIRMINGHAM
,
AL
35203
CHRISTINE R STRONG
SECRETARY
1.00
0
0
0
1900 FIFTH AVENUE NORTH
BIRMINGHAM
,
AL
35203
DANA NOLAN
BOARD MEMBER
1.00
0
0
0
1900 FIFTH AVENUE NORTH
BIRMINGHAM
,
AL
35203
DOUGLAS J JACKSON
BOARD MEMBER
1.00
0
0
0
1900 FIFTH AVENUE NORTH
BIRMINGHAM
,
AL
35203
DWIGHT JULBERT
BOARD MEMBER
1.00
0
0
0
1900 FIFTH AVENUE NORTH
BIRMINGHAM
,
AL
35203
HOPE MEHLMAN
BOARD MEMBER
1.00
0
0
0
1900 FIFTH AVENUE NORTH
BIRMINGHAM
,
AL
35203
MICHELLE WALTERS
BOARD MEMBER
1.00
0
0
0
1900 FIFTH AVENUE NORTH
BIRMINGHAM
,
AL
35203
MIKE HART
BOARD MEMBER
1.00
0
0
0
1900 FIFTH AVENUE NORTH
BIRMINGHAM
,
AL
35203
TABITHA LEECH
BOARD MEMBER
1.00
0
0
0
1900 FIFTH AVENUE NORTH
BIRMINGHAM
,
AL
35203
TYRUS SANDERS
BOARD MEMBER
1.00
0
0
0
1900 FIFTH AVENUE NORTH
BIRMINGHAM
,
AL
35203
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
...................
0
Form
990-PF
(2019)
Page 7
Form 990-PF (2019)
Page
7
Part VIII
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
.............
0
Part IX-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 IX-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
.........................
0
Form
990-PF
(2019)
Page 8
Form 990-PF (2019)
Page
8
Part X
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
83,761,111
b
Average of monthly cash balances
.......................
1b
19,781,863
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
103,542,974
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
103,542,974
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
1,553,145
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
101,989,829
6
Minimum investment return.
Enter 5% of line 5
..................
6
5,099,491
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
5,099,491
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
44,978
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
44,978
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
5,054,513
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
5,054,513
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 XIII, line 1
...
7
5,054,513
Part XII
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
3,157,259
b
Program-related investments—total from Part IX-B
..................
1b
0
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 V, line 8, and Part XIII, line 4
4
3,157,259
5
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b. See instructions
.................
5
0
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
3,157,259
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2019)
Page 9
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
5,054,513
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
0
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
205,367
b
From 2015
......
398,669
c
From 2016
......
240,926
d
From 2017
......
159,025
e
From 2018
......
f
Total
of lines 3a through e
........
1,003,987
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
3,157,259
a
Applied to 2018, but not more than line 2a
0
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
0
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2019 distributable amount
.....
3,157,259
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2019.
1,003,987
1,003,987
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter 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 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
893,267
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 2014 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
0
10
Analysis of line 9:
a
Excess from 2015
....
b
Excess from 2016
....
c
Excess from 2017
....
d
Excess from 2018
....
e
Excess from 2019
....
Form
990-PF
(2019)
Page 10
Form 990-PF (2019)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-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 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
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)
2019
(b)
2018
(c)
2017
(d)
2016
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
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 X, 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 XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List 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).)
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(2019)
Page 11
Form 990-PF (2019)
Page
11
Part XV
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)
a
Paid during the year
NATIONAL MUSEUM OF AFRICAN-AMERICAN MUSIC
211 7TH AVE N 420
NASHVILLE
,
TN
37219
NONE
501(C)(3)
GENERAL SUPPORT
250,000
THE BELL CENTER
1700 29TH CT S
BIRMINGHAM
,
AL
35209
NONE
501(C)(3)
GENERAL SUPPORT
125,000
HICA
117 SOUTHCREST DRIVE
BIRMINGHAM
,
AL
35209
NONE
501(C)(3)
GENERAL SUPPORT
50,000
LAKESHORE FOUNDATION
4000 RIDGEWAY DR
BIRMINGHAM
,
AL
35209
NONE
501(C)(3)
GENERAL SUPPORT
400,000
METROPOLITAN MINISTRIES
2002 N FLORIDA AVE
TAMPA
,
FL
33602
NONE
501(C)(3)
GENERAL SUPPORT
20,000
OPPORTUNITY ALABAMA
600 18TH STREET NORTH
BIRMINGHAM
,
AL
35203
NONE
501(C)(3)
GENERAL SUPPORT
100,000
PELLISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 22990
KNOXVILLE
,
TN
37933
NONE
501(C)(3)
GENERAL SUPPORT
100,000
TEACH FOR AMERICA
2301 1ST AVE N 105
BIRMINGHAM
,
AL
35203
NONE
501(C)(3)
GENERAL SUPPORT
50,000
CENTRAL ALABAMA COMMUNITY FOUNDATION
114 CHURCH ST
MONTGOMERY
,
AL
36104
NONE
501(C)(3)
GENERAL SUPPORT
10,000
UNITED WAY OF NORTHWEST FLORIDA
602 HARRISON AVE
PANAMA CITY
,
FL
32401
NONE
501(C)(3)
GENERAL SUPPORT
20,000
BIRMINGHAM EDUCATION FOUNDATION
PO BOX 1476
BIRMINGHAM
,
AL
35201
NONE
501(C)(3)
GENERAL SUPPORT
50,000
CANOPY CHILDREN'S SOLUTIONS
1465 LAKELAND DR
JACKSON
,
MS
39216
NONE
501(C)(3)
GENERAL SUPPORT
150,000
EMORY B-SCHOOL - STARTME PROGRAM
1300 CLIFTON ROAD
ATLANTA
,
GA
30322
NONE
501(C)(3)
GENERAL SUPPORT
200,000
EAST ALABAMA MEDICAL CENTER
407 WEST THOMAS CIRCLE
OPELIKA
,
AL
36801
NONE
501(C)(3)
GENERAL SUPPORT
10,000
TECH 901
1350 CONCOURSE AVE 375
MEMPHIS
,
TN
38104
NONE
501(C)(3)
GENERAL SUPPORT
50,000
A EDUCATION FOUNDATION
PO BOX 4433
MONTGOMERY
,
AL
36103
NONE
501(C)(3)
GENERAL SUPPORT
50,000
JUNIOR ACHIEVEMENT OF ALABAMA
216 AQUARIUS DR 315
BIRMINGHAM
,
AL
35209
NONE
501(C)(3)
GENERAL SUPPORT
50,000
GOODWILL INDUSTRIES OF AUGUSTA
3145 WASHINGTON ROAD
AUGUSTA
,
GA
30907
NONE
501(C)(3)
GENERAL SUPPORT
150,000
PARAQUAD
5240 OAKLAND AVE
ST LOUIS
,
MO
63110
NONE
501(C)(3)
GENERAL SUPPORT
150,000
RED MOUNTAIN THEATRE
PO BOX 278
BIRMINGHAM
,
AL
35201
NONE
501(C)(3)
GENERAL SUPPORT
500,000
JONES VALLEY TEACHING FARM
701 25TH ST N
BIRMINGHAM
,
AL
35203
NONE
501(C)(3)
GENERAL SUPPORT
160,000
TYLER JUNIOR COLLEGE
1327 S BAXTER AVE
TYLER
,
TX
75701
NONE
501(C)(3)
GENERAL SUPPORT
50,000
WOMEN'S FUND
2201 5TH AVE S STE 110
BIRMINGHAM
,
AL
35233
NONE
501(C)(3)
GENERAL SUPPORT
30,000
STEAM TRUCK
501 DANCING FOX ROAD
DECATUR
,
GA
30032
NONE
501(C)(3)
GENERAL SUPPORT
30,000
JAG
1729 KING STREET SUITE 100
ALEXANDRIA
,
VA
22314
NONE
501(C)(3)
GENERAL SUPPORT
200,000
TRUFUND
39 W 37TH ST
NEW YORK
,
NY
10018
NONE
501(C)(3)
GENERAL SUPPORT
50,000
OPTIONS 4U
19362 W SHELTON RD
HAMMOND
,
LA
70401
NONE
501(C)(3)
GENERAL SUPPORT
30,000
UNIVERSITY OF ALABAMA
801 CAMPUS DR
TUSCALOOSA
,
AL
35401
NONE
501(C)(3)
GENERAL SUPPORT
5,190
A KIDS PLACE OF TAMPA BAY
1715 LITHIA PINECREST RD
BRANDON
,
FL
33511
NONE
501(C)(3)
GENERAL SUPPORT
2,500
ALEXANDER GRAHAM MIDDLE SCHOOL
1800 RUNNYMEDE LN
CHARLOTTE
,
NC
28211
NONE
501(C)(3)
GENERAL SUPPORT
250
TEXAS CHRISTIAN UNIVERSITY
2800 S UNIVERSITY DR
FORT WORTH
,
TX
76129
NONE
501(C)(3)
GENERAL SUPPORT
100
ACADEMY OF THE HOLY NAMES
3319 BAYSHORE BLVD
TAMPA
,
FL
33629
NONE
501(C)(3)
GENERAL SUPPORT
500
WBHM PUBLIC RADIO
650 11TH ST S
BIRMINGHAM
,
AL
35233
NONE
501(C)(3)
GENERAL SUPPORT
50
WESTMINSTER CHRISTIAN ACADEMY
237 JOHNS RD
HUNTSVILLE
,
AL
35806
NONE
501(C)(3)
GENERAL SUPPORT
100
UNIVERSITY OF GEORGIA
101 HERTY DR
ATHENS
,
GA
30602
NONE
501(C)(3)
GENERAL SUPPORT
1,000
THEATRE MEMPHIS
630 PERKINS EXTD
MEMPHIS
,
TN
38117
NONE
501(C)(3)
GENERAL SUPPORT
1,000
UNIVERSITY OF ALABAMA AT BIRMINGHAM
1720 2ND AVE S
BIRMINGHAM
,
AL
35294
NONE
501(C)(3)
GENERAL SUPPORT
25
UNIVERSITY OF DENVER
2199 2 UNIVERSITY BLVD
DENVER
,
CO
80208
NONE
501(C)(3)
GENERAL SUPPORT
333
UNIVERSITY OF MISSISSIPPI FOUNDATION
406 UNIVERSITY AVE
OXFORD
,
MS
38655
NONE
501(C)(3)
GENERAL SUPPORT
2,200
POPE JOHN PAUL II HIGH SCHOOL
117 CALDWELL DR
HENDERSONVILLE
,
TN
37075
NONE
501(C)(3)
GENERAL SUPPORT
1,000
UNIVERSITY OF TENNESSEE FOUNDATION
1525 UNIVERSITY AVE
KNOXVILLE
,
TN
37921
NONE
501(C)(3)
GENERAL SUPPORT
500
UNITED WAY OF SOUTHEAST LOUISIANA
2515 CANAL ST
NEW ORLEANS
,
LA
70119
NONE
501(C)(3)
GENERAL SUPPORT
5,000
NORTHWESTERN UNIVERSITY
633 CLARK ST
EVANSTON
,
IL
60208
NONE
501(C)(3)
GENERAL SUPPORT
250
YWCA OF CENTRAL ALABAMA
2324 3RD AVE N
BIRMINGHAM
,
AL
35203
NONE
501(C)(3)
GENERAL SUPPORT
1,000
VANDERBILT UNIVERSITY
2201 WEST END AVE
NASHVILLE
,
TN
37235
NONE
501(C)(3)
GENERAL SUPPORT
1,000
HARDING ACADEMY OF MEMPHIS
1100 CHERRY RD
MEMPHIS
,
TN
38117
NONE
501(C)(3)
GENERAL SUPPORT
650
ST PIUS CATHOLIC SCHOOL
2674 JOHNSON RD NE
ATLANTA
,
GA
30345
NONE
501(C)(3)
GENERAL SUPPORT
1,250
SAINT LOUIS ZOO FOUNDATION
1 GOVERNMENT DR
ST LOUIS
,
MO
63110
NONE
501(C)(3)
GENERAL SUPPORT
65
PACIFIC LUTHERAN UNIVERSITY
12180 PARK AVE S
TACOMA
,
WA
98447
NONE
501(C)(3)
GENERAL SUPPORT
500
ST PAULS EPISCOPAL SCHOOL
161 DOGWOOD LN
MOBILE
,
AL
36608
NONE
501(C)(3)
GENERAL SUPPORT
2,000
TEXAS A&M UNIVERSITY
400 BIZZELL ST
COLLEGE STATION
,
TX
77843
NONE
501(C)(3)
GENERAL SUPPORT
160
TENNESSEE TECH UNIVERSITY
1 WILLIAM L JONES DR
COOKEVILLE
,
TN
38505
NONE
501(C)(3)
GENERAL SUPPORT
500
MISSISSIPPI SYMPHONY ORCHESTRA
201 E PASCAGOULA ST 104
JACKSON
,
MS
39201
NONE
501(C)(3)
GENERAL SUPPORT
350
THE NORTH CAROLINA PUBLIC TELEVISION FOUNDATION INC
PO BOX 14900
RTP
,
NC
27709
NONE
501(C)(3)
GENERAL SUPPORT
300
DAVIDSON COLLEGE
405 N MAIN ST
DAVIDSON
,
NC
28035
NONE
501(C)(3)
GENERAL SUPPORT
25
UNIVERSITY OF NORTH CAROLINA CHAPEL HILL
JACKSON HALL CAMPUS BOX 2200
CHAPEL HILL
,
NC
27599
NONE
501(C)(3)
GENERAL SUPPORT
500
UNIVERSITY OF SOUTHERN MISSISSIPPI FOUNDATION
118 COLLEGE DR
HATTIESBURG
,
MS
39406
NONE
501(C)(3)
GENERAL SUPPORT
1,000
PATH FOUNDATION
PO BOX 14327
ATLANTA
,
GA
30324
NONE
501(C)(3)
GENERAL SUPPORT
500
NICKAJACK ELEMENTARY SCHOOL
4555 MAVELL RD
SMYRNA
,
GA
30082
NONE
501(C)(3)
GENERAL SUPPORT
150
UNITED WAY OF CENTRAL ALABAMA
3600 8TH AVE S
BIRMINGHAM
,
AL
35222
NONE
501(C)(3)
GENERAL SUPPORT
10,000
PRESTONWOOD CHRISTIAN ACADEMY
6801 W PARK BLVD
PLANO
,
TX
75093
NONE
501(C)(3)
GENERAL SUPPORT
1,000
ST LUKES EPISCOPAL CHURCH
3736 MONTROSE RD
BIRMINGHAM
,
AL
35213
NONE
501(C)(3)
GENERAL SUPPORT
1,000
PRINCETON UNIVERSITY
70 WASHINGTON RD
PRINCETON
,
NJ
08540
NONE
501(C)(3)
GENERAL SUPPORT
417
NATIVITY CATHOLIC SCHOOL
705 EAST BRANDON BLVD
BRANDON
,
FL
33511
NONE
501(C)(3)
GENERAL SUPPORT
250
RAILS TO TRAILS CONSERVANCY
2121 WARD COURT NW 5TH FLOOR
WASHINGTON
,
DC
20037
NONE
501(C)(3)
GENERAL SUPPORT
200
RED MOUNTAIN COMMUNITY SCHOOL
3820 3RD AVE S
BIRMINGHAM
,
AL
35222
NONE
501(C)(3)
GENERAL SUPPORT
5,000
ST THOMAS AQUINAS SCHOOL
3741 ABRAMS RD
DALLAS
,
TX
75214
NONE
501(C)(3)
GENERAL SUPPORT
1,000
THE ALTAMONT SCHOOL
4801 ALTAMONT RD S
BIRMINGHAM
,
AL
35222
NONE
501(C)(3)
GENERAL SUPPORT
500
JUNIOR ACHIEVEMENT ORLANDO
2121 CAMDEN RD
ORLANDO
,
FL
32803
NONE
501(C)(3)
GENERAL SUPPORT
25
MARION MILITARY INSTITUTE FOUNDATION
1101 WASHINGTON ST
MARION
,
AL
36756
NONE
501(C)(3)
GENERAL SUPPORT
100
MEHARRY MEDICAL COLLEGE SCHOOL OF MEDICINE
1005 DR DB TODD JR BLVD
NASHVILLE
,
TN
37208
NONE
501(C)(3)
GENERAL SUPPORT
5,000
LEADERSHIP MEMPHIS
240 MADISON AVE SUITE 601
MEMPHIS
,
TN
38103
NONE
501(C)(3)
GENERAL SUPPORT
250
MCGILL TOOLEN CATHOLIC HIGH SCHOOL
1501 OLD SHELL RD
MOBILE
,
AL
36604
NONE
501(C)(3)
GENERAL SUPPORT
325
LITTLE SISTERS OF THE POOR
1655 MCGILL AVE
MOBILE
,
AL
36604
NONE
501(C)(3)
GENERAL SUPPORT
1,000
LIPSCOMB UNIVERSITY
1 UNIVERSITY PARK DR
NASHVILLE
,
TN
37201
NONE
501(C)(3)
GENERAL SUPPORT
250
METAIRIE PARK COUNTRY DAY SCHOOL
300 PARK RD
METAIRIE
,
LA
70005
NONE
501(C)(3)
GENERAL SUPPORT
1,000
LEGACY EDUCATION AND COMMUNITY EXPOWERMENT FOUNDATION INC
568 JONES ST
FOREST
,
MS
39074
NONE
501(C)(3)
GENERAL SUPPORT
100
METROPOLITAN INDIANAPOLIS PUBLIC BROADCASTING INC
1630 N MERIDIAN ST
INDIANAPOLIS
,
IN
46202
NONE
501(C)(3)
GENERAL SUPPORT
100
MILLSAPS COLLEGE
1701 N STATE ST
JACKSON
,
MS
39210
NONE
501(C)(3)
GENERAL SUPPORT
500
MISSISSIPPI STATE UNIVERSITY FOUNDATION
100 HUNTER HENRY BLVD
MISSISSIPPI STATE
,
MS
39762
NONE
501(C)(3)
GENERAL SUPPORT
1,250
NASHVILLE PUBLIC RADIO
630 MAINSTREAM DR
NASHVILLE
,
TN
37228
NONE
501(C)(3)
GENERAL SUPPORT
100
NASHVILLE PUBLIC TELEVISION
161 RAINS AVE
NASHVILLE
,
TN
37203
NONE
501(C)(3)
GENERAL SUPPORT
50
CHARLOTTE LATIN SCHOOL
9502 PROVIDENCE RD
CHARLOTTE
,
NC
28277
NONE
501(C)(3)
GENERAL SUPPORT
1,000
FRIENDS OF THE BIRMINGHAM BOTANICAL GARDENS
2612 LANE PARK RD
BIRMINGHAM
,
AL
35223
NONE
501(C)(3)
GENERAL SUPPORT
50
HIGHLAND PARK EDUCATION FOUNDATION
4201 GRASSMERE LN
DALLAS
,
TX
75205
NONE
501(C)(3)
GENERAL SUPPORT
1,000
COUNTRY MUSIC HALL OF FAME
222 5TH AVE S
NASHVILLE
,
TN
37203
NONE
501(C)(3)
GENERAL SUPPORT
25
HIRAM COLLEGE
11715 GARFIELD RD
HIRAM
,
OH
44234
NONE
501(C)(3)
GENERAL SUPPORT
250
HOLY FAMILY CRISTO REY CATHOLIC HIGH SCHOOL
1832 CENTER WAY S
BIRMINGHAM
,
AL
35205
NONE
501(C)(3)
GENERAL SUPPORT
2,500
HARDING UNIVERSITY
915 E MARKET AVE
SEARCY
,
AR
72149
NONE
501(C)(3)
GENERAL SUPPORT
1,025
GOOD SHEPHERD SCHOOL
13550 CHANEY THOMPSON RD
HUNTSVILLE
,
AL
35803
NONE
501(C)(3)
GENERAL SUPPORT
250
EASTOVER ELEMENTARY
500 CHEROKEE RD
CHARLOTTE
,
NC
28207
NONE
501(C)(3)
GENERAL SUPPORT
250
INDIANA UNIVERSITY FOUNDATION
1500 STATE RD 46
BLOOMINGTON
,
IN
47408
NONE
501(C)(3)
GENERAL SUPPORT
50
IOWA PUBLIC TELEVISION
6450 CORPORATE DR
JOHNSTON
,
IA
50131
NONE
501(C)(3)
GENERAL SUPPORT
220
INVERNESS ELEMENTARY SCHOOL
5251 VALLEYDALE RD
BIRMINGHAM
,
AL
35242
NONE
501(C)(3)
GENERAL SUPPORT
150
ADVENT EPISCOPAL SCHOOL
2019 6TH AVE N
BIRMINGHAM
,
AL
35203
NONE
501(C)(3)
GENERAL SUPPORT
500
ANCILLA DOMINI COLLEGE
9601 UNION RD
PLYMOUTH
,
IN
46563
NONE
501(C)(3)
GENERAL SUPPORT
25
ALABAMA PUBLIC TELEVISION
2112 11TH AVE S SUITE 400
BIRMINGHAM
,
AL
35205
NONE
501(C)(3)
GENERAL SUPPORT
80
ALABAMA SCHOOL OF FINE ARTS FOUNDATION
1800 REVEREND ABRAHAM WOODS JR BLVD
BIRMINGHAM
,
AL
35203
NONE
501(C)(3)
GENERAL SUPPORT
296
ALDRIDGE GARDENS
3530 LORNA RD
HOOVER
,
AL
35216
NONE
501(C)(3)
GENERAL SUPPORT
125
AUBURN UNIVERSITY FOUNDATION
317 SOUTH COLLEGE ST
AUBURN
,
AL
36849
NONE
501(C)(3)
GENERAL SUPPORT
625
BIG OAK RANCH
PO BOX 507
SPRINGVILLE
,
AL
35146
NONE
501(C)(3)
GENERAL SUPPORT
1,000
CALIFORNIA STATE UNIVERSITY
5151 STATE UNIVERSITY DR
LOS ANGELES
,
CA
90032
NONE
501(C)(3)
GENERAL SUPPORT
500
WEST MEMPHIS CHRISTIAN SCHOOL
1101 N MISSOURI ST
WEST MEMPHIS
,
AR
72301
NONE
501(C)(3)
GENERAL SUPPORT
250
Total
.................................
3a
3,104,536
b
Approved for future payment
Total
.................................
3b
0
Form
990-PF
(2019)
Page 12
Form 990-PF (2019)
Page
12
Part XVI-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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
4
Dividends and interest from securities
....
14
2,467,856
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
14
94,832
8
Gain or (loss) from sales of assets other than
inventory
............
18
-17,032
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
GRANT REIMBURSEMENT
450
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
0
2,545,656
450
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
2,546,106
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
11A
GRANTS DISPERSED IN PRIOR YEARS RETURNED TO THE ORGANIZATION
Form
990-PF
(2019)
Page 13
Form 990-PF (2019)
Page
13
Part XVII
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?
...........
Yes
No
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.
2020-08-17
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
MEGAN RANDOLPH
Preparer's Signature
Date
2020-08-17
Check if self-
employed
PTIN
P00989558
Firm's name
WARREN AVERETT LLC
Firm's EIN
45-4084437
Firm's address
2500 ACTON ROAD
BIRMINGHAM
,
AL
35243
Phone no.
(205) 979-4100
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description