2021-11-15T16:10:45-06:00 2020-12-31 560574444 CHERRY BEKAERT LLP 1075 PEACHTREE STREET NE SUITE 2200 ATLANTA GA 30309 990PF 2020-01-01 586263945 THE MA-RAN FOUNDATION C/O RFA MANAGEMENT CO LLC MA-R 4044864676 1908 CLIFF VALLEY WAY ATLANTA GA 30329 AMY R KREISLER EXECUTIVE DIRECTOR 4044864676 2021-11-15 0 AMY KREISLER 999009999 AMANDA ADAMS P00748038 4042090954 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X 276876111 X X 2224266 2224266 3608101 27237164 3509077 178565 204326 6010932 5937669 0 0 0 55000 0 55000 105807 105807 0 2750 0 0 440943 343685 0 604500 449492 55000 11862000 11862000 12466500 449492 11917000 -6455568 5488177 15666625 24805245 24797230 32891766 12958982 227923984 7975453 12208925 24154897 36154507 36259631 0 92688351 86232783 276876111 0 0 X 92688351 86232783 0 0 0 0 92688351 86232783 92688351 86232783 92688351 -6455568 0 86232783 0 86232783 PUBLICLY TRADED SECURITIES 26814300 23629063 3185237 3185237 CAPITAL GAIN FROM K-1S P 306466 306466 306466 CAPITAL GAINS DIVIDENDS P 17374 17374 17374 3509077 76286 0 76286 0 76286 88398 0 10000 0 98398 X 0 22112 22112 0 0 0 0 0 0 0 0 0 1 1 0 1 1 GA NY 1 0 0 0 0 1 N/A ALIYA CARBONE 4044864676 1908 CLIFF VALLEY WAY ATLANTA GA 30329 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 R RANDALL ROLLINS 1908 CLIFF VALLEY WAY ATLANTA GA 30329 TRUSTEE 1.00 0 0 0 AMY R KREISLER 1908 CLIFF VALLEY WAY ATLANTA GA 30329 EXECUTIVE DIRECTOR 1.00 0 0 0 GARY W ROLLINS 1908 CLIFF VALLEY WAY ATLANTA GA 30329 TRUSTEE 1.00 0 0 0 MARGARET H ROLLINS 1908 CLIFF VALLEY WAY ATLANTA GA 30329 TRUSTEE 1.00 0 0 0 PAM ROLLINS 1908 CLIFF VALLEY WAY ATLANTA GA 30329 TRUSTEE 1.00 0 0 0 TIM ROLLINS 1908 CLIFF VALLEY WAY ATLANTA GA 30329 TRUSTEE 1.00 0 0 0 NONE 0 RFA MANAGEMENT CO 1908 CLIFF VALLEY WAY ATLANTA GA 30329 MANAGEMENT 100000 CALLUM MACGREGOR 1908 CLIFF VALLEY WAY ATLANTA GA 30329 LEGAL 55000 0 0 178391304 28038007 19751998 226181309 18090051 0 226181309 3392720 222788589 11139429 11139429 76286 76286 11063143 0 11063143 0 11063143 11917000 0 11917000 0 11917000 11063143 9274933 0 0 11917000 9274933 0 0 2642067 0 0 0 0 0 0 0 0 8421076 0 0 0 R RANDALL ROLLINS X ATLANTA HISTORY CENTER 130 WEST PACES FERRY ROAD NW ATLANTA GA 30305 N/A PC SWAN HOUSE BALL 50000 ATLANTA SPEECH SCHOOL - ANNUAL FUND 3160 NORTHSIDE PARKWAY NW ATLANTA GA 30327 N/A PC ANNUAL CAMPAIGN 50000 BEEBE MEDICAL FOUNDATION 902 SAVANNAH ROAD LEWES DE 19958 N/A PC MARGARET H. ROLLINS LEWIS CAMPUS 2000000 BEEBE MEDICAL FOUNDATION 902 SAVANNAH ROAD LEWES DE 19958 N/A PC ENDOWMENT TO FUND MHR SCHOOL OF NURSING FACILITIES 2300000 BEN FRANKLIN ACADEMY ANNUAL FUND 1585 CLIFTON ROAD NE ATLANTA GA 30329 N/A PC ANNUAL CAMPAIGN 50000 CASA 75 MARIETTA ST NW SUITE 404 ATLANTA GA 30303 N/A PC GENERAL SUPPORT 5000 CHILDREN'S BEACH HOUSE INC 100 W 10TH STREET STE 411 WILMINGTON DE 198011674 N/A PC GENERAL SUPPORT 1000000 CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATION 1577 NE EXPRESSWAY SUITE A ATLANTA GA 30329 N/A PC ECMO MACHINE RESEARCH 50000 COOK MUSEUM OF NATURAL SCIENCE PO BOX 2955 DECATUR AL 35602 N/A PC GENERAL SUPPORT 4000 EMORY UNIVERSITY 1762 CLIFTON ROAD SUITE 1400 ATLANTA GA 30322 N/A PC WINSHIP FASHION SHOW 10000 EMORY UNIVERSITY 1762 CLIFTON ROAD SUITE 1400 ATLANTA GA 30322 N/A PC GOIZUETA ALZHEIMER'S DISEASE RESEARCH CENTER 50000 EMORY UNIVERSITY 1762 CLIFTON ROAD SUITE 1400 ATLANTA GA 30322 N/A PC WINSHIP GALA 100000 EMORY UNIVERSITY 1762 CLIFTON ROAD SUITE 1400 ATLANTA GA 30322 N/A PC ROLLINS NEUROSURGERY FUND FOR NEURAL RESTORATION RESEARCH 4000000 GEORGIA'S CATTLEMEN'S FOUNDATION 100 CATTLEMENS DRIVE MACON GA 31221 N/A PC GENERAL SUPPORT 5000 LEWES FIRE DEPARTMENT PO BOX 225 LEWES GA 19958 N/A PC GENERAL SUPPORT 1000 LEWES HISTORICAL SOCIETY 110 SHIPCARPENTER STREET LEWES DE 19958 N/A PC LEWES HISTORY MUSEUM CAMPAIGN 500000 LEWES HISTORICAL SOCIETY 110 SHIPCARPENTER STREET LEWES DE 19958 N/A PC LEWES HISTORY MUSEUM CAMPAIGN 100000 LIFT RINGGOLD 7197 NASHVILLE STREET RINGGOLD GA 30736 N/A PC GENERAL SUPPORT 500000 LOVETT SCHOOL 4075 PACES FERRY ROAD NW ATLANTA GA 30327 N/A PC ANNUAL FUND 50000 LOVETT SCHOOL 4075 PACES FERRY ROAD NW ATLANTA GA 30327 N/A PC IHO BILLY PEEBLES 100000 MUSTARD TREE FOUNDATION 5168 WATERFORD DRIVE DUNWOODY GA 30338 N/A PC GENERAL SUPPORT 20000 OKEECHOBEE MAIN STREET INC 111 NE 2ND STREET OKEECHOBEE FL 34972 N/A PC CATTLE SCULPTURE 25000 PARKINSON'S FOUNDATION 200 SE 1ST STREET SUITE 800 MIAMI FL 33131 N/A PC GENERAL SUPPORT 100000 PATH FOUNDATION PO BOX 14327 ATLANTA GA 30324 N/A PC ANNUAL FUND 20000 PEACHTREE RD UNITED METHODIST CHURCH 3180 PEACHTREE ROAD NW ATLANTA GA 30324 N/A PC TURKEY DRIVE 1000 PEACHTREE RD UNITED METHODIST CHURCH 3180 PEACHTREE ROAD NW ATLANTA GA 30324 N/A PC COVID CHALLENGE MATCH 500000 PEACHTREE RD UNITED METHODIST CHURCH 3180 PEACHTREE ROAD NW ATLANTA GA 30305 N/A PC CHRISTMAS KINDNESS 1000 PEACHTREE RD UNITED METHODIST CHURCH 3180 PEACHTREE ROAD NW ATLANTA GA 30305 N/A PC MURPHY-HARPST CHILDREN'S CENTER 5000 SCHENCK SCHOOL 282 MT PARAN ROAD ATLANTA GA 30327 N/A PC DR TRAINING PROGRAM 50000 SMITH CHAPEL UMC 9852 HIGHWAY 41 RINGGOLD GA 30736 N/A PC HELPING HANDS FUND 50000 TEXAS A&M - CAESAR KLEBERG WILDLIFE RESEARCH INST 700 UNIVERSITY BOULEVARD KINGSVILLE TX 78363 N/A PC QUAIL COVEY RESEARCH 2000 UNITED WAY OF BARTOW COUNTY 320 W CHEROKEE ST SUITE 109 CARTERSVILLE GA 30120 N/A PC GENERAL SUPPORT 1000 UNITED WAY OF GREATER ATLANTA 100 EDGEWOOD AVENUE NE ATLANTA GA 30303 N/A PC ANNUAL FUND - ROLLINS, INC. CAMPAIGN 52000 VISITING NURSE HEALTH SYSTEM 5775 GLENRIDGE DRIVE NE SUITE E200 ATLANTA GA 30328 N/A PC GENERAL SUPPORT 10000 WILLIAM & MARY UNIVERSITY SCHOOL OF LAW PO BOX 1693 WILLIAMSBURG VA 231871693 N/A PC RITA ANNE ROLLINS PROFESSORSHIP AT MARSHALL WYTHE SCHOOL OF LAW 100000 11862000 ATLANTA SPEECH SCHOOL 3160 NORTHSIDE PARKWAY NW ATLANTA GA 30327 N/A PC GENERAL SUPPORT 50000 BEN FRANKLIN ACADEMY 1585 CLIFTON ROAD NE ATLANTA GA 30329 N/A PC GENERAL SUPPORT 50000 CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATION 1577 NE EXPRESSWAY SUITE A ATLANTA GA 30329 N/A PC GENERAL SUPPORT 50000 LOVETT SCHOOL 4075 PACES FERRY ROAD NW ATLANTA GA 30327 N/A PC GENERAL SUPPORT 50000 SCHENCK SCHOOL 282 MT PARAN ROAD ATLANTA GA 30327 N/A PC GENERAL SUPPORT 50000 TALL TIMBERS 13093 HENRY BEADEL DRIVE TALLAHASSEE FL 32312 N/A PC TRANSLOCATION SCIENCE RESEARCH 318676 568676 14 2224266 14 204326 901101 99024 18 3509077 STATE TAX REFUND 01 26917 OTHER K-1 INCOME - UBI 901101 -52678 46346 5964586 0 6010932 0 0 0 0 0 0 0 0 0 0 UBTI CAPITAL GAIN FROM K-1S PURCHASED 99024 COST 0 99024 CORPORATE STOCKS 12958982 227923984 PRIVATE EQUITY AT COST 12208925 24154897 GENERAL GOVERNANCE AND COUNSEL 55000 0 55000 CUMULATIVE BOOK/TAX DIFFERENCES 36154507 36259631 0 K-1 EXPENSES 440884 343626 0 BANK FEES 59 59 0 OTHER K-1 INCOME - NON-UBI 204326 204326 204326 STATE TAX REFUND 26917 26917 OTHER K-1 INCOME - UBI -52678 -52678 INVESTMENT MANAGEMENT FEES 105807 105807 0 A QUALIFIED VALUATION CONSULTANT PERFORMED A BLOCKAGE DISCOUNT STUDY REGARDING THE BELOW STOCKS AND DETERMINED THAT THE SHARES WOULD HAVE TO BE LIQUIDATED OVER AN EXTENDED PERIOD OF TIME IN ORDER TO REALIZE THEIR FAIR MARKET VALUE (FMV) AND AVOID ADVERSELY IMPACTING THE MARKET FOR THESE SHARES. BLOCK 1 - ROLLINS, INC. : AS OF 12/31/20, THE FOUNDATION HELD 5,488,638 SHARES. THE STUDY CONCLUDED THAT IT WOULD TAKE 9.35 YEARS TO LIQUIDATE THE SHARES WITHOUT ADVERSELY AFFECTING THE VALUE. APPLYING AN APPROPRIATE PRESENT VALUE TO THE REALIZED PROCEEDS YIELDED A DISCOUNT OF 10%. AVERAGE MONTHLY FMV DURING 2020: $174,287,126; DISCOUNT: $17,428,713. BLOCK 2 - RPC, INC.: AS OF 12/31/20, THE FOUNDATION HELD 2,643,001 SHARES. THE STUDY CONCLUDED THAT IT WOULD TAKE 2.09 YEARS TO LIQUIDATE THE SHARES WITHOUT ADVERSELY AFFECTING THE VALUE. APPLYING AN APPROPRIATE PRESENT VALUE TO THE REALIZED PROCEEDS YIELDED A DISCOUNT OF 8.1%. AVERAGE FMV DURING 2020: $8,164,671; DISCOUNT: $661,338. STATE UBI TAX 2750 0 0