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. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
TURNER FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)133 LUCKIE STREET
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ATLANTA, GA30303
A Employer identification number

58-1924590
B Telephone number (see instructions)

(404) 681-9900
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$4,235,517
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,727,560
2 Check bullet.............
3 Interest on savings and temporary cash investments 43,281 43,281  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -430
b Gross sales price for all assets on line 6a 20,125
7 Capital gain net income (from Part IV, line 2)... 13,269
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........ 2,770,411 56,550 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 409,245 20,462 0 388,782
14 Other employee salaries and wages...... 335,103 5,606 0 329,497
15 Pension plans, employee benefits....... 184,854 1,849 0 183,005
16a Legal fees (attach schedule)......... 20,264 4,053 0 16,211
b Accounting fees (attach schedule)....... 4,500 225 0 4,275
c Other professional fees (attach schedule).... 96,933 0 0 96,933
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 1,479 0 0 0
19 Depreciation (attach schedule) and depletion... 6,307 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings....... 25,698 0 0 25,698
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 100,337 575 0 98,855
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,184,720 32,770 0 1,143,256
25 Contributions, gifts, grants paid....... 764,100 3,194,100
26 Total expenses and disbursements. Add lines 24 and 25 1,948,820 32,770 0 4,337,356
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 821,591
b Net investment income (if negative, enter -0-) 23,780
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Page 2
Form 990-PF (2020)
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............. 61 55 55
2 Savings and temporary cash investments......... 3,878,005 4,218,660 4,218,660
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.......... 3,044 1,565 1,565
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,014,381 Click to see attachment4,654 4,654
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet649,521
Less: accumulated depreciation (attach schedule) bullet638,938 15,701 10,583 10,583
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,911,192 4,235,517 4,235,517
Liabilities 17 Accounts payable and accrued expenses.......... 53,447 13,748
18 Grants payable................. 2,430,000  
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 bullet)    
23 Total liabilities (add lines 17 through 22)......... 2,483,447 13,748
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........... 3,427,745 4,221,769
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 3,427,745 4,221,769
30 Total liabilities and net assets/fund balances (see instructions). 5,911,192 4,235,517
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,427,745
2
Enter amount from Part I, line 27a .....................
2
821,591
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,249,336
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
27,567
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,221,769
Form 990-PF (2020)
Page 3
Form 990-PF (2020)
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 70 SH AAPL      
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 20,125   6,856 13,269
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       13,269
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 13,269
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 0
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Page 4
Form 990-PF (2020)
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 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 Reserved................................ 1 331
c All other domestic foundations enter 1.39% 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........................... 3 331
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- ..... 5 331
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,565
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,565
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,234
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,234 RefundedBullet 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. 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 XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletGA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? 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 (2020)
    Page 5
    Form 990-PF (2020)
    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 addressbulletWWW.TURNERFOUNDATION.ORG
    14
    The books are in care ofbulletRAYMOND GOODREAU Telephone no.bullet (404) 522-4746

    Located atbullet133 LUCKIE STATLANTAGA ZIP+4bullet30303
    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 2020, 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 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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?...............
    (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.).......
    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
    Yes
     
    ........bullet
    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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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?......................
    b
    If "Yes," did it have excess business holdings in 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Page 6
    Form 990-PF (2020)
    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))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    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?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    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?
    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? .................
    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
    RE TURNER III CHAIRMAN
    1.00
    0 0 0
    133 LUCKIE STREET
    ATLANTA,GA30303
    JUDY ADLER PRESIDENT/TREASURER
    40.00
    264,579 6,939 0
    133 LUCKIE STREET
    ATLANTA,GA30303
    J RUTHERFORD SEYDEL II SECRETARY
    1.00
    0 0 0
    285 PEACHTREE CENTER AVENUE
    ATLANTA,GA30303
    LAURA LEE TURNER SEYDEL DIRECTOR
    1.00
    0 0 0
    133 LUCKIE STREET
    ATLANTA,GA30303
    ROBERT EDWARD TURNER IV DIRECTOR
    1.00
    0 0 0
    133 LUCKIE STREET
    ATLANTA,GA30303
    RHETT LEE TURNER DIRECTOR
    1.00
    0 0 0
    133 LUCKIE STREET
    ATLANTA,GA30303
    REED BEAUREGARD TURNER DIRECTOR
    1.00
    0 0 0
    133 LUCKIE STREET
    ATLANTA,GA30303
    SARA JEAN GARLINGTON DIRECTOR
    1.00
    0 0 0
    133 LUCKIE STREET
    ATLANTA,GA30303
    JOHN R SEYDEL III DIRECTOR
    1.00
    0 0 0
    133 LUCKIE STREET
    ATLANTA,GA30303
    FLORENCE VASSER SEYDEL DIRECTOR
    1.00
    0 0 0
    133 LUCKIE STREET
    ATLANTA,GA30303
    TROY ETTEL EXECUTIVE DIR/TREASURER
    40.00
    144,666 8,530 0
    133 LUCKIE STREET
    ATLANTA,GA30303
    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
    CANDY CHAMPION GRANTS MANAGER
    40.00
    98,366 5,245 0
    133 LUCKIE ST
    ATLANTA,GA30303
    KRISTINE WITHERSPOON DIR OF BOARD RELATIO
    40.00
    100,733 1,268 0
    133 LUCKIE ST
    ATLANTA,GA30303
    RAYMOND GOODREAU CONTROLLER
    40.00
    84,041 3,978 0
    133 LUCKIE ST
    ATLANTA,GA30303
    JEAN-ANN JAMES PROGRAM ASSOCIATE
    40.00
    81,011 2,781 0
    133 LUCKIE ST
    ATLANTA,GA30303
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Page 7
    Form 990-PF (2020)
    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
    TARYN SHERMAN PROGRAM SERVICE 52,714
    1743 ELMWOOD BOULEVARD
    DALLAS,TX75224
    Total number of others receiving over $50,000 for professional services.............bullet0
    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.........................bullet0
    Form 990-PF (2020)
    Page 8
    Form 990-PF (2020)
    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
    669,335
    b
    Average of monthly cash balances.......................
    1b
    4,110,838
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,780,173
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    4,780,173
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    71,703
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,708,470
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    235,424
    Part XI
    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 X, line 6....................
    1
    235,424
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    331
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    331
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    235,093
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    235,093
    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
    235,093
    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
    4,337,356
    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
    4,337,356
    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
    4,337,356
    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 (2020)
    Page 9
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 235,093
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 12,145,825
    b From 2016...... 9,440,664
    c From 2017...... 6,729,012
    d From 2018...... 6,861,281
    e From 2019...... 7,244,195
    fTotal of lines 3a through e........ 42,420,977
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 4,337,356
    a Applied to 2019, 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 2020 distributable amount..... 235,093
    e Remaining amount distributed out of corpus 4,102,263
    5 Excess distributions carryover applied to 2020. 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 46,523,240
    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 2020 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
    12,145,825
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    34,377,415
    10 Analysis of line 9:
    a Excess from 2016.... 9,440,664
    b Excess from 2017.... 6,729,012
    c Excess from 2018.... 6,861,281
    d Excess from 2019.... 7,244,195
    e Excess from 2020.... 4,102,263
    Form 990-PF (2020)
    Page 10
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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.)
    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).)
    RE TURNER III
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Page 11
    Form 990-PF (2020)
    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)
    aPaid during the year
    ALASKA WHALE FOUNDATION
    PO BOX 1927
    PETERSBURG,AK99833
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 10,000
    BACKCOUNTRY HUNTERS & ANGLERS
    725 WEST ALDER STREET ST 11
    MISSOULA,MT59802
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 50,000
    BONNEVILLE ENVIRONMENTAL FOUNDATION
    240 SW 1ST AVENUE
    PORTLAND,OR97204
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 60,000
    BOY SCOUTS OF AMERICA
    550 1025 SAM RITTENBERG BLVD
    CHARLESTON,SC29407
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 10,000
    BOY SCOUTS OF AMERICA - ATLANTA
    1800 CIRCLE 75 PARKWAY
    ATLANTA,GA30339
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 2,500
    CHARLESTON COMMUNITY SAILING INC
    PO BOX 21811
    CHARLESTON,SC29413
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 20,000
    CHATTAHOOCHEE RIVERKEEPER INC
    916 JOSEPH LOWERY BLVD SUITE 3 -
    PURITAN MILL
    ATLANTA,GA30318
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 80,000
    CITADEL FOUNDATION
    171 MOULTRIE STREET
    CHARLESTON,SC29409
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 10,000
    CLIMATE AND ENERGY PROJECT INC
    123 WEST 8TH
    LAWRENCE,KS66044
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 65,000
    COMMUNITY YOUTH INITIATIVE ADVISORY BOARD
    PO BOX 228
    DILLON,MT59725
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 11,100
    CONSERVATIVE ENERGY NETWORK
    106 W ALLEGAN STREET SUITE 200
    LANSING,MI48933
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 45,000
    DEE NORTON LOWCOUNTRY CHILDRENS CENTER
    1061 KING STREET
    CHARLESTON,SC29403
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 1,000
    DEE NORTON LOWCOUNTRY CHILDRENS CENTER
    1061 KING STREET
    CHARLESTON,SC29403
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 30,000
    DIDI HIRSCH MENTAL PREVENTION CENTER
    10277 WEST OLYMPIC BLVD
    LOS ANGELES,CA90067
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 2,500
    DUCKS UNLIMITED - GEORGIA
    120 OTTLEY DRIVE STUDIO D
    ATLANTA,GA30324
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 3,000
    EARTH DAY NETWORK
    1752 N STREET NW STE 700
    WASHINGTON,DC20036
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 10,000
    EARTH DAY NETWORK
    1753 N STREET NW STE 700
    WASHINGTON,DC20036
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 2,500
    EARTH DAY NETWORK
    1754 N STREET NW STE 700
    WASHINGTON,DC20036
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 10,000
    EARTH DAY NETWORK
    1755 N STREET NW STE 700
    WASHINGTON,DC20036
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 2,500
    EARTH DAY NETWORK
    1756 N STREET NW STE 700
    WASHINGTON,DC20036
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 2,500
    EARTH ISLAND INSTITUTE INC
    2150 ALLSTON WAY SUITE 460
    BERKELEY,CA94704
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 2,000
    EMORY GLOBAL HEALTH INSTITUTE
    1599 CLIFTON ROAD 6-409
    ATLANTA,GA30322
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 2,500
    EMORY UNIVERSITY CENTER FOR ETHICS
    1531 DICKEY DRIVE
    ATLANTA,GA30322
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 1,000
    ENVIRONMENT GA RESEARCH & POLICY CENTER
    108 E PONCE DE LEON AVENUE SUITE
    210
    DECATUR,GA30030
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 40,000
    ENVIRONMENTAL COMMUNITY ACTION INC
    244 BROAD STREET
    ATLANTA,GA30312
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 5,000
    ENVIRONMENTAL MEDIA ASSOCIATION INC
    8909 W OLYMPIC BLVD SUITE 200
    BEVERLY HILLS,CA90211
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 10,000
    FARM AID INC
    501 CAMBRIDGE STREET 3RD FLOOR
    CAMBRIDGE,MA20141
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 2,000
    FLINT RIVERKEEPER INC
    102 PINE AVENUE
    ALBANY,GA31701
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 65,000
    GEORGE WASHINGTON UNIVERSITY
    805 21 ST NW
    WASHINGTON,DC20052
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 10,000
    GEORGIA CONSERVATION VOTERS EDUC FUND
    1530 DEKALB AVE
    ATLANTA,GA30307
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 10,000
    GEORGIA FORESTWATCH INC
    81 CROWN MOUNTAIN PLACE
    DAHLONEGA,GA30533
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 25,000
    GEORGIA RIVER NETWORK INC
    126 S MILLEDGE AVE SUITE E3
    ATHENS,GA30605
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 15,000
    GEORGIA RIVER NETWORK INC
    126 S MILLEDGE AVE SUITE E3
    ATHENS,GA30605
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 20,000
    GEORGIA RIVER NETWORK INC
    126 S MILLEDGE AVE SUITE E3
    ATHENS,GA30605
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 2,500
    GEORGIA RIVER NETWORK INC
    126 S MILLEDGE AVE SUITE E3
    ATHENS,GA30605
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 2,500
    GREATER YELLOWSTONE COALITION INC
    215 SOUTH WALLACE AVENUE
    BOZEMAN,MT59715
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 40,000
    GREENLINK ANALYTICS
    695 PYLANT STREET
    ATLANTA,GA30306
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 15,000
    GREENLINK ANALYTICS
    695 PYLANT STREET
    ATLANTA,GA30306
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 35,000
    GREENPEACE FUND
    702 H STREET
    WASHINGTON,DC20001
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 2,500
    HARAMBEE HOUSE
    1115 HABERSHAM STREET
    SAVANNAH,GA31401
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 25,000
    HERRESHOFF MARINE MUSEUM
    ONE BURNSIDE STREET
    BRISTON,RI02809
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 500
    HORATIO ALGER ASSOCIATION
    99 CANAL CENTER PLAZA STE 320
    ALEXANDRIA,VA22314
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 500
    INTERNATIONAL CRANE FOUNDATION INC
    E11376 SHADY LANE ROAD
    BARABOO,WI53913
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 25,000
    IUCN - THE WORLD CONSERVATION UNION
    1630 CONNECTICUT AVE NW
    WASHINGTON,DC20009
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 25,000
    KENTUCKY EDUCATIONAL TELEVISION FDN
    600 COOPER DR
    LEXINGTON,KY40502
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 51,500
    LAND TRUST ALLIANCE INC
    1660 L STREET SUITE 1100
    WASHINGTON,DC20036
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 10,000
    LOUISIANA WILDLIFE & FISHERIES FOUNDATION
    PO BOX 80378
    BATON ROUGE,LA70898
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 26,000
    MALPAI BORDERLANDS GROUP INC
    PO BOX 3536
    DOUGLAS,AZ85608
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 30,000
    MOMS AGAINST FLUORIDATION
    PO BOX 17081
    ASHEVILLE,NC28816
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 2,000
    MONTANA RENEWABLE ENERGY ASSOCIATION
    PO BOX 673
    MISSOULA,MT59806
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 20,000
    NATIONAL AUDUBON SOCIETY - NM OFFICE
    PO BOX 9314
    SANTA FE,NM87504
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 55,000
    NATURE CONSERVANCY - GA CHAPTER
    100 PEACHTREE ST
    ATLANTA,GA30303
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 45,000
    NATURE CONSERVANCY - KENTUCKY CHAPTER
    114 WOODLAND AVENUE
    LEXINGTON,KY40502
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 15,000
    NATURE CONSERVANCY - NEW MEXICO
    1613 PASEO DE PERALTA SUITE 200
    SANTA FE,NM87501
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 50,000
    NAVA EDUCATION PROJECT
    PO BOX 35698
    ALBUQUERQUE,NM87176
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 60,000
    NEW MEXICO ENVIRONMENTAL LAW CENTER
    1405 LUISA STREET
    SANTA FE,NM87505
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 40,000
    NORTHERN PLAINS RESOURCE COUNCIL
    220 SOUTH 27TH STREET STE A
    BILLINGS,MT59101
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 65,000
    NORTHWEST EARTH INSTITUTE
    107 SE WASHINGTON STREET SUITE 251
    PORTLAND,OR97214
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 1,500
    ONE HUNDRED MILES INC
    1312 NEWCASTLE STREET
    BRUNSWICK,GA31520
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 40,000
    PARK PRIDE ATLANTA INC
    233 PEACHTREE STREET SUITE 1600
    ATLANTA,GA30303
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 3,000
    PORTER-GAUD SCHOOL
    300 ALBEMARLE ROAD
    CHARLESTON,SC29407
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 18,500
    PROPERTY AND ENVIRONMENT RESEARCH CENTER
    2048 ANALYSIS DRIVE
    BOZEMAN,MT59718
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 30,000
    PROSPERITY WORKS
    909 COPPER AVENUE NW
    ALBUQUERQUE,NM87102
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 65,000
    QUIVIRA COALITION
    1413 SECOND STREET
    SANTA FE,NM87505
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 50,000
    RESOURCES LEGACY FUND
    555 CAPITOL MALL SUITE 1095
    SACRAMENTO,CA95814
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 100,000
    RESOURCES LEGACY FUND
    555 CAPITOL MALL SUITE 1095
    SACRAMENTO,CA95814
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 50,000
    RETHINK ENERGY FLORIDA
    PO BOX 1341
    TALLAHASSEE,FL32302
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 30,000
    RIVER NETWORK
    PO BOX 21387
    BOULDER,CO80308
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 25,000
    ROCKY MOUNTAIN BIRD OBSERVATORY
    14500 LARK BUNTING LANE
    BRIGHTON,CO80603
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 2,500
    SIERRA CLUB FOUNDATION
    85 2ND ST SECOND FLOOR
    SAN FRANCISCO,CA94105
        FURTHER ORGANIZATION'S EXEMPT PURPOSE -26,000
    SOLUTIONS FROM THE LAND
    1430 FRONT AVENUE
    LUTHERVILLE,MD21093
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 35,000
    SOUTHEAST ENERGY EFFICIENCY ALLIANCE
    50 HURT PLAZA
    ATLANTA,GA30303
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 40,000
    SOUTHERN ALLIANCE FOR CLEAN ENERGY
    PO BOX 1842
    KNOXVILLE,TN37901
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 20,000
    SOUTHERN APPALACHIAN WILDERNESS STEWARDS
    225 EAST CHESTNUT STREET SUITE 001
    ASHEVILLE,NC28801
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 40,000
    SUNDANCE INSTITUTE
    PO BOX 684429
    PARK CITY,UT84068
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 10,000
    THEODORE ROOSEVELT CONSERVATION PSHIP
    14TH ST NW STE 500
    WASHINGTON,DC20045
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 80,000
    THEODORE ROOSEVELT CONSERVATION PSHIP
    14TH ST NW STE 500
    WASHINGTON,DC20045
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 1,500
    TROUT UNLIMITED (VA)
    1777 N KENT STREET
    ARLINGTON,VA22209
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 50,000
    TRUST FOR PUBLIC LAND-NORTHERN ROCKIES
    1007 EAST MAIN STREET STE 300
    BOZEMAN,MT59715
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 80,000
    TURNER ENDANGERED SPECIES FUND LLC
    901 TECHNOLOGY BLVD
    BOZEMAN,MT59718
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 535,000
    UNIVERSITY OF GEORGIA FOUNDATION
    1 PRESS PLACE
    ATHENS,GA30602
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 375,000
    URBAN SUSTAINABILITY DIRECTOR'S NETWORK
    1624 VIOLA CIRCLE PORT
    WASHINGTON,WI53074
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 60,000
    USMMA SAILING FOUNDATION
    11055 6TH STREET EAST
    TREASURE ISLAND,FL33706
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 25,000
    WESTERN LANDOWNERS ALLIANCE
    PO BOX 6278
    SANTA FE,NM87502
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 70,000
    WORLD WILDLIFE FUND INC
    1250 24TH ST
    WASHINGTON,DC20037
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 55,000
    YELLOWSTONE TO YUKON CONSERVATION INITIA
    PO BOX 157
    BOZEMAN,MT59771
        FURTHER ORGANIZATION'S EXEMPT PURPOSE 50,000
    Total .................................bullet 3a 3,194,100
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Page 12
    Form 990-PF (2020)
    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.)
    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 43,281  
    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 ............
            -430
    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 43,281 -430
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    42,851
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-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 XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    8 SALE OF STOCK
    Form 990-PF (2020)
    Page 13
    Form 990-PF (2020)
    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? ...........
    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 2021-06-21 Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's nameCHRISTINE S HUNG Preparer's Signature   Date   PTIN P00002737
    Firm's name SmallBulletAVALON FINANCIAL ADVISORS LLC
     
    Firm's EIN SmallBullet58-1259406  
    Firm's address SmallBullet133 LUCKIE STREET
     
    ATLANTA, GA30303
    Phone no. (404) 522-4200
    Form 990-PF (2020)
    Additional Data


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    Form 990PF - Special Condition Description:
    Special Condition Description