ALBERT JAY MARTIN FAMILY FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: ALBERT JAY MARTIN FAMILY FOUNDATION (EIN 62-6345910)
Tax period: 2020-12-01 to 2021-11-30
Filed: 2022-10-13
IRS object ID: 202232869349100933
Schema version: 2020v4.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
All Oth Prog Rltd Investments Sch
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-10-13T16:58:37-05:00	ReturnTs
Tax Period End	2021-11-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MAX A PIWONKA CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	5100 WHEELIS DRIVE SUITE 106	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38117	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2020-12-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	626345910	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE ALBERT JAY MARTIN FAMILY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% PATTY STRINGER	InCareOfNm
Business Name Control	ALBE	BusinessNameControlTxt
Phone	9018503008	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	140 CRESCENT DRIVE	AddressLine1Txt
City	COLLIERVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38017	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ALBERT MARTIN	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	9018503000	PhoneNum
Signature	2022-10-12	SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	ALBERT	PersonFirstNm
Person Last	MARTIN	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MAX A PIWONKA	PreparerPersonNm
PTIN	P00710649	PTIN
Phone	9014919863	PhoneNum
Preparation	2022-10-12	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$9,068,468	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$1,267,976	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$19	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$19	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$126,543	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$126,543	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$516,662	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$910,123	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$516,662	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$1,911,200	TotalRevAndExpnssAmt
Total Net Invst Incm	$643,224	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss	$4,880	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$4,880	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$122	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$83	TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss	$82,374	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$82,374	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$87,376	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$87,337	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$912,625	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$912,625	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,000,001	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$87,337	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$912,625	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$911,199	ExcessRevenueOverExpensesAmt
Net Investment Income	$555,887	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$163,303	CashBOYAmt
Cash EOY	$199,989	CashEOYAmt
Cash EOYFMV	$199,989	CashEOYFMVAmt
Corporate Stock BOY	$3,295,756	CorporateStockBOYAmt
Corporate Stock EOY	$3,498,180	CorporateStockEOYAmt
Corporate Stock EOYFMV	$8,817,760	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$49,564	CorporateBondsBOYAmt
Corporate Bonds EOY	$49,564	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$50,719	CorporateBondsEOYFMVAmt
Total Assets BOY	$3,508,623	TotalAssetsBOYAmt
Total Assets EOY	$3,747,733	TotalAssetsEOYAmt
Total Assets EOYFMV	$9,068,468	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$3,508,623	RetainedEarningBOYAmt
Retained Earning EOY	$3,747,733	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$3,508,623	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$3,747,733	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$3,508,623	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$3,747,733	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$3,508,623	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$911,199	ExcessRevenueOverExpensesAmt
Subtotal	$4,419,822	SubtotalAmt
Other Decreases	$672,089	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$3,747,733	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (28 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
2995 SHS VINCI SA ADR	D	2017-02-02	2020-12-08	$77,928	$53,604	$24,324	$24,324
348 SHS VINCI SA ADR	D	2017-03-03	2020-12-08	$9,055	$6,506	$2,549	$2,549
95 SHS MICROSOFT CORP.	D	2012-11-07	2020-12-08	$20,570	$2,774	$17,796	$17,796
405 SHS MICROSOFT CORP.	D	2014-09-19	2020-12-08	$87,695	$19,047	$68,648	$68,648
500 SHS LIBERTY BROADBAND CORP.	D	2015-08-19	2020-12-08	$81,468	$27,804	$53,664	$53,664
200 SHS FACEBOOK	D	2015-09-08	2020-12-08	$56,956	$17,863	$39,093	$39,093
315 SHS HOME DEPOT	D	2014-09-12	2020-12-08	$82,453	$27,922	$54,531	$54,531
50 SHS HOME DEPOT	D	2015-09-08	2020-12-08	$13,088	$5,818	$7,270	$7,270
337 SHS JP MORGAN CHASE	D	2014-09-19	2020-12-08	$41,147	$20,705	$20,442	$20,442
98 SHS JP MORGAN CHASE	D	2015-09-01	2020-12-08	$11,966	$6,080	$5,886	$5,886
65 SHS JP MORGAN CHASE	D	2015-09-03	2020-12-08	$7,936	$4,170	$3,766	$3,766
500 SHS APPLE INC.	D	2013-09-24	2020-12-08	$62,406	$8,777	$53,629	$53,629
300 SHS DARLING INGREDIENTS INC.	D	2016-02-08	2020-12-08	$15,154	$2,489	$12,665	$12,665
1200 SHS DARLING INGREDIENTS INC.	D	2016-02-14	2020-12-08	$60,616	$9,543	$51,073	$51,073
700 SHS TRIUMPH BANCORP INC.	D	2015-05-11	2020-12-08	$33,946	$9,241	$24,705	$24,705
300 SHS TRIUMPH BANCORP INC.	D	2015-05-21	2020-12-08	$14,548	$3,916	$10,632	$10,632
123.8 SHS VIATRIS INC.	D	2007-04-17	2021-04-26	$1,661	$1,415	$246	$246
52.2377 SHS VIATRIS INC.	D	2011-05-12	2021-04-26	$701	$468	$233	$233
62.04 SHS VIATRIS INC.	D	2011-07-01	2021-04-26	$833	$549	$284	$284
195.9223 SHS VIATRIS INC.	D	2012-10-31	2021-04-26	$2,629	$2,073	$556	$556
550 SHS CHART INDUSTRIES INC.	D	2013-12-20	2021-05-18	$85,046	$50,320	$34,726	$34,726
450 SHS CHART INDUSTRIES INC.	D	2013-12-31	2021-05-18	$69,583	$42,485	$27,098	$27,098
20 SHS ORGANON & CO.	D	1993-02-10	2021-07-04	$612	$160	$452	$452
20 SHS ORGANON & CO.	D	2003-02-20	2021-07-04	$612	$452	$160	$160
100 SHS ORGANON & CO.	D			$3,060	$1,599	$1,461	$1,461
60 SHS ORGANON & CO.	D	2011-11-11	2021-07-04	$1,836	$963	$873	$873
100 SHS ORGANON & CO.	D	2012-06-11	2021-07-04	$3,060	$1,718	$1,342	$1,342
65000 UNITS RJ CLOSED END VARIABLE FUND	P	2018-07-25	2021-07-09	$63,558	$65,000	-$1,442	-$1,442

Field	Value	IRS element (for citing)
Capital Gain Net Income	$516,662	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$7,727	InvestmentIncomeExciseTaxAmt
Subtotal	$7,727	SubtotalAmt
Tax Based On Investment Income	$7,727	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$4,018	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$15,000	ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits	$19,018	TotalPaymentsAndCreditsAmt
Es Penalty	$60	EsPenaltyAmt
Overpayment	$11,231	OverpaymentAmt
Applied To ES Tax	$10,000	AppliedToESTaxAmt
Refund	$1,231	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	TN	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	PATTY STRINGER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9018503008	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	140 CRESCENT DRIVE	AddressLine1Txt
City	COLLIERVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38017	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Proceeds Or Net Income	false	ProceedsOrNetIncomeInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	ALBERT JAY MARTIN	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2937 JOHNSON ROAD	AddressLine1Txt
City	COLLIERVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38017	ZIPCd

Field	Value	IRS element (for citing)
Title	TRUSTEE/BOARD MEMBER	TitleTxt
Average Hrs Per Wk Devoted To Pos	0	AverageHrsPerWkDevotedToPosRt
Compensation	$0	CompensationAmt
Employee Benefit Program	$0	EmployeeBenefitProgramAmt
Expense Account Other Allwnc	$0	ExpenseAccountOtherAllwncAmt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	NONE	Description1Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	NONE	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$8,502,704	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$185,799	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$8,688,503	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$8,688,503	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$130,328	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$8,558,175	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$427,909	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$427,909	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$7,727	TaxBasedOnInvestmentIncomeAmt
Total Tax	$7,727	TotalTaxAmt
Distributable Before Adj	$420,182	DistributableBeforeAdjAmt
Distributable Before Ded	$420,182	DistributableBeforeDedAmt
Distributable As Adjusted	$420,182	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$912,625	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$912,625	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$912,625	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$420,182	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Prior Year1	2018	PriorYear1Yr
Prior Year2	2017	PriorYear2Yr
Prior Year3	2016	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$1,198,377	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr1	$2,679,835	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$3,878,212	TotalExcessDistributionCyovAmt
Qualifying Distributions	$912,625	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Current Year	$420,182	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$492,443	RemainingDistriFromCorpusAmt
Total Corpus	$4,370,655	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$1,198,377	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$3,172,278	ExcessDistriCyovToNextYrAmt
Excess From Year1	$2,679,835	ExcessFromYear1Amt
Excess From Current Year	$492,443	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	ALBERT JAY MARTIN	ContributingManagerNm
Shareholder Manager	NA	ShareholderManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
BOYS AND GIRLS CLUB OF MEMPHIS
44 S REMBERT	MEMPHIS	TN	38104	UNRELATED	PC	SUPPORT FOR THE GENERAL OPERATIONS OF THE BOYS & GIRLS CLUB OF GREATER MEMPHIS	$500,000
ST GEORGE'S INDEPENDENT SCHOOL
8250 POPLAR AVENUE	MEMPHIS	TN	38138	UNRELATED	PC	SUPPORT FOR THE OPERATIONS OF ST. GEORGE'S INDEPENDENT SCHOOL	$10,000
BOYS & GIRLS CLUB OF JACKSON
832 LEXINGTON AVENUE	JACKSON	TN	38301	UNRELATED	PC	FOR SUPPORT OF THE OPERATIONS OF THE BOYS & GIRLS CLUB OF JACKSON, TN	$7,000
VOLUNTEERS OF AMERICA
1660 DUKE STREET	ALEXANDRIA	VA	22314	UNRELATED	PC	FOR SUPPORT OF THE OPERATIONS OF VOLUNTEERS OF AMERICA	$50,000
EPICENTER MEMPHIS
150 PEABODY PLACE	MEMPHIS	TN	38103	UNRELATED	PC	FOR SUPPORT OF THE OPERATIONS OF EPICENTER MEMPHIS	$100,000
LA LIMYE MINISTRIES
170 HUNTINGTON DRIVE	ROSSVILLE	TN	38066		PC	FOR SUPPPORT OF THE OPERATIONS OF LA LIMYE MINISTRIES	$5,000
NEW LEADERS
530 OAK COURT DRIVE	MEMPHIS	TN	38117		PC	FOR SUPPORT OF THE OPERATIONS OF NEW LEADERS	$25,000
THRIVE MEMPHIS
6560 POPLAR AVE STE B	MEMPHIS	TN	38138		PC	FOR SUPPORT OF THE OPERATIONS OF THRIVE MEMPHIS (FORMERLY EXCEPTIONAL FOUNDATION OF WEST TENNESSEE)	$30,000
WINGATE UNIVERSITY
211 EAST WILSON ST	WINGATE	NC	28174	NONE	PC	STUDENT SCHOLARSHIPS	$2,500
LEES-MCRAE UNIVERSITY
191 MAIN STREET	BANNER ELK	NC	28604	NONE	PC	STUDENT SCHOLARSHIPS	$7,500
A STEP AHEAD FOUNDATION
PO BOX 41601	MEMPHIS	TN	38174	NONE	PC	TO SUPPORT THE OPERATIONS OF A STEP AHEAD FOUNDATION	$50,000
ST JUDE CHILDREN'S RESEARCH HOSPITAL
262 DANNY THOMAS PLACE	MEMPHIS	TN	38105	NONE	PC	TO SUPPORT THE OPERATIONS OF ST. JUDE CHILDREN'S RESEARCH HOSPITAL	$5,000
BRIDGES USA
477 NORTH FIFTH STREET	MEMPHIS	TN	38105	NONE	PC	TO SUPPORT THE OPERATIONS OF BRIDGES USA	$15,000
MEMPHIS UNIVERSITY SCHOOL (ROSS LYNN SOCIETY)
6191 PARK AVENUE	MEMPHIS	TN	38119	NONE	PC	TO SUPPORT THE OPERATIONS OF MEMPHIS UNIVERSITY SCHOOL	$10,000
REGIONAL ONE HEALTH FOUNDATION
ADAMS PAVILION	MEMPHIS	TN	38103	NONE	PC	TO SUPPORT THE OPERATION OF REGIONAL ONE HEALTH	$40,000	877 JEFFERSON AVENUE
HIGH POINT UNIVERSITY
ONE UNIVERSITY PARKWAY	HIGH POINT	NC	27268	NONE	PC	STUDENT SCHOLARSIPS	$3,750
APPALACHIAN STATE UNIVERSITY
287 RIVERS ST	BOONE	NC	28608	NONE	PC	STUDENT SCHOLARSHIPS	$17,500
CATAWBA COLLEGE
2300 W INNES ST	SALISBURY	NC	28144	NONE	PC	STUDENT SCHOLARSHIP	$1,250
SURRY COMMUNITY COLLEGE
630 SOUTH MAIN STREET	DOBSON	NC	27017	NONE	PC	STUDENT SCHOLARSHIP	$625
NORTH CAROLINA STATE UNIVERSITY
CAMPUS BOX 7302	RALEIGH	NC	276957302	NONE	PC	STUDENT SCHOLARSHIPS	$5,000
GREEN BRONX MACHINE
3935 BLACKSTONE AVENUE	BRONX	NY	10471	NONE	PC	TO SUPPORT THE OPERATIONS OF GREEN BRONX MACHINE	$20,000	12G STE 12G
RIVER ARTS FEST
PO BOX 40001	MEMPHIS	TN	38174	NONE	PC	TO SUPPORT THE OPERATIONS OF RIVER ARTS FEST	$5,000
UNIVERSITY OF NORTH CAROLINA GREENSBORO
1400 SPRING GARDEN STREET	GREENSBORO	NC	27412	NONE	PC	STUDENT SCHOLARSHIP	$1,250
DELAWARE STATE UNIVERSITY
1200 N DUPONT HIGHWAY	DOVER	DE	19901	NONE	PC	STUDENT SCHOLARSHIP	$1,250

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$912,625	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$19	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$126,543	ExclusionAmt

Field	Value	IRS element (for citing)
Net Rntl Incm Re Debt Fincd Prop		NetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Income Personal Prop		NetRentalIncomePersonalPropGrp
Other Investment Incm Part VII		OtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$516,662	ExclusionAmt

Net Income Loss From Special Evt NetIncomeLossFromSpecialEvtGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd

Field	Value	IRS element (for citing)
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$643,224	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$643,224	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (13 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Noncash ContributionNoncashContributionInd	Person ContributionPersonContributionInd
ALBERT JAY MARTIN
1	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$97,029	Yes (X)
ALBERT JAY MARTIN
2	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$99,112	Yes (X)
ALBERT JAY MARTIN
3	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$119,015	Yes (X)
ALBERT JAY MARTIN
4	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$141,830	Yes (X)
ALBERT JAY MARTIN
5	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$116,488	Yes (X)
ALBERT JAY MARTIN
6	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$23,381	Yes (X)
ALBERT JAY MARTIN
7	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$27,303	Yes (X)
ALBERT JAY MARTIN
8	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$46,913	Yes (X)
ALBERT JAY MARTIN
9	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$222,028	Yes (X)
ALBERT JAY MARTIN
10	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$105,336	Yes (X)
ALBERT JAY MARTIN
11	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$117,166	Yes (X)
ALBERT JAY MARTIN
12	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$83,806	Yes (X)	Yes (X)
ALBERT JAY MARTIN
13	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$68,569	Yes (X)	Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (11 entries)

ContributorContributorNum	Noncash PropertyNoncashPropertyDesc	Fair Market ValueFairMarketValueAmt	ReceivedReceivedDt
1	56 SHS ALPHABET INC. - CLASS A COMMON STOCK	$97,029	2020-12-23
2	31 SHS AMAZON INC. COMMON STOCK	$99,112	2020-12-23
3	392 SHS AUTODESK INC. COMMON STOCK	$119,015	2020-12-23
4	1348 SHS FIRST SOLAR INC. COMMON STOCK	$141,830	2020-12-23
5	209 SHS SERVICENOW INC. COMMON STOCK	$116,488	2020-12-23
6	155 SHS SKYWORKS SOLUTIONS INC. COMMON STOCK	$23,381	2020-12-23
7	181 SHS SKYWORKS SOLUTIONS INC. COMMON STOCK	$27,303	2020-12-23
8	311 SHS SKYWORKS SOLUTIONS INC. COMMON STOCK	$46,913	2020-12-23
9	940 SHS SQUARE INC. COMMON STOCK	$222,028	2020-12-23
10	890 SHS XOP LOGISTICS INC.	$105,336	2020-12-23
11	317 SHS PALO ALTO NETWORKS INC. COMMON STOCK	$117,166	2020-12-23

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	TAX RETURN PREPARATION FEES	CategoryTxt
Amt	$4,880	Amt
Net Investment Income	$4,880	NetInvestmentIncomeAmt

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Other Program Related Invst AllOtherProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Desc	NONE	Desc

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
50M JP MORGAN CHASE 3.25%	$49,564	$50,177
ACCRUED INTEREST RECEIVABLE		$542

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (68 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
2000 SHS ABB VIE INC.	$88,764	$230,560
300 SHS ALLSTATE CORP.	$18,586	$32,616
156 SHS ALPHABET INC. - CL A	$132,517	$442,720
2000 SHS APPLE INC.	$50,958	$330,600
100 SHS BECTON DICKINSON	$14,199	$23,714
1295 SHS CHEVRON TEXACO	$113,762	$146,167
624 SHS INTERCONTINENTAL EXCH.	$29,934	$81,569
3000 SHS COCA COLA	$101,109	$157,350
400 SHS COGNIZANT TECH	$15,374	$31,192
392 SHS AUTODESK INC.	$51,135	$99,642
2333 SHS DUKE ENERGY	$121,522	$226,324
700 SHS ENERGY SELECT SEC SPDR	$55,805	$38,213
554 SHS HALLIBURTON CO.	$19,503	$11,961
500 SHS HOME DEPOT	$61,202	$200,305
357 SHS ESTEE LAUDER	$28,855	$118,549
1000 SHS JP MORGAN CHASE	$71,056	$158,830
269 SHS NXP SEMICONDUCTOR	$19,952	$60,084
3000 SHS MERCK	$106,032	$224,730
1500 SHS MICROSOFT	$73,967	$495,885
1348 SHS FIRST SOLAR INC.	$72,508	$139,653
534 SHS VISA, INC.	$38,184	$103,473
500 SHS CME GROUP	$36,216	$110,260
5190 SHS VERIZON COMMUNICATION	$253,571	$260,901
317 SHS PALO ALTO NETWORKS	$69,695	$173,380
100 SHS DOLLAR GENERAL	$4,583	$22,130
100 SHS INVESCO ETF	$30,458	$60,813
1500 SHS MARATHON PETROLEUM	$54,876	$91,275
300 SHS MASTERCARD	$25,878	$94,476
3000 SHS METLIFE	$106,132	$175,980
3500 SHS PFIZER, INC.	$81,762	$188,055
400 SHS UNION PACIFIC	$35,769	$94,256
500 SHS ACTIVISION BLIZZARD	$18,731	$29,300
500 SHS ADOBE SYSTEMS	$50,453	$334,925
300 SHS ALIGN TECHNOLOGY	$28,739	$183,459
500 SHS FACEBOOK	$56,307	$162,230
300 SHS HONEYWELL	$29,448	$60,672
209 SHS SERVICENOW INC.	$38,099	$135,369
647 SHS SKYWORKS SOLUTIONS	$49,623	$98,124
378 SHS DOMINION ENERGY	$20,047	$26,914
273 SHS KIMBERLY CLARK	$21,226	$35,575
149 SHS PEPSICO	$9,864	$23,807
1000 SHS CAPITAL ONE FINANCIAL	$52,516	$140,530
2500 SHS DARLING INGREDIENTS	$20,245	$168,800
600 SHS ENSTAR GROUP LTD.	$86,019	$133,860
500 SHS LIBERTY BROADBAND	$27,804	$77,425
5000 SHS MGIC INVESTMENT CORP	$28,972	$70,500
2000 SHS TRIUMPH BANCORP	$26,107	$254,700
5813.533 SHS FRANKLIN DYNATECH	$288,757	$984,405
940 SHS SQUARE INC.	$47,591	$195,830
43 SHS GARRETT MOTION, INC.	$463	$304
250M R JAMES TOTAL RETURN CEF	$0	$0
1500 SHS IBM	$210,226	$175,650
890 SHS XPO LOGISTICS INC.	$32,080	$64,472
1000 SHS COMCAST	$44,771	$49,980
31 SHS AMAZON	$58,619	$108,719
300 SHS ACCENTURE PLC IRELAND	$34,728	$107,220
800 SHS NEXTERA ENERGY, INC.	$22,843	$69,424
500 SHS QUALCOMM, INC.	$26,261	$90,280
1400 SHS CISCO SYSTEMS, INC.	$41,184	$76,776
100 SHS BLACKROCK, INC.	$25,022	$90,461
434 SHS VIATRIS, INC.	$0	$0
1084 SHS INTEL CORP.	$37,695	$53,333
VINCI SA	$0	$0
245 SHS JOHNSON & JOHNSON	$14,186	$38,203
565 SHS RAYTHEON TECHNOLOGIES	$33,000	$45,720
890 SHS GXO LOGISTICS	$22,219	$85,485
300 SHS KYNDRYL HOLDINGS	$10,471	$4,740
ACCRUED DIVIDENDS RECEIVABLE		$14,905

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (3 entries)

DescDesc	AmtAmt
FMV OF CONTRIBUTIONS RECEIVED IN EXCESS	$0
OF TAX COST (CARRYING VALUE)	$672,085
ROUNDING	$4

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	INVESTMENT MANAGEMENT FEES	Desc
Revenue And Expenses Per Books	$82,374	RevenueAndExpensesPerBooksAmt
Net Investment Income	$82,374	NetInvestmentIncomeAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDesc
UNRELATED TRADE/BUSINESS INC.-INVESTMENT
ORDINARY INCOME RECAPTURE-PTP UNIT SALE
NET PTP SECTION 1231 GAIN (LOSS)

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
FEDERAL TAX	$39
FOREIGN TAXES	$83	$83