SELBY AND RICHARD MCRAE FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: SELBY AND RICHARD MCRAE FOUNDATION (EIN 64-6026795)
Tax period: 2019-02-01 to 2020-01-31
Filed: 2020-12-09
IRS object ID: 202013449349100501
Schema version: 2019v5.1
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
Depreciation Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Land Etc Schedule2
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-12-09T09:05:16-06:00	ReturnTs
Tax Period End	2020-01-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	640414329	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	HADDOX REID EUBANK BETTS PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	188 EAST CAPITOL STREET STE 500	AddressLine1Txt
City	JACKSON	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	39201	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2019-02-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	646026795	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SELBY AND RICHARD MCRAE FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	SELB	BusinessNameControlTxt
Phone	6013669371	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 13070	AddressLine1Txt
City	JACKSON	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	39236	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	VAUGHAN M MCRAE	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	6013669371	PhoneNum
Signature	2020-12-02	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	CHARLES R BYRAM CPA	PreparerPersonNm
PTIN	P01298319	PTIN
Phone	6019482924	PhoneNum
Preparation	2020-12-02	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	173.235.174.18	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-12-02	IPDt
IP Tm	12:27:03	IPTm
IP Timezone	CS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	80C4D2046DDC5D6394E5468F30447C3019CF5898	AtSubmissionCreationDeviceId
At Submission Filing Device Id	9527214D910F661417F29FF3F54915A4E22A97EB	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-04-22 16:20:28Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$35,954,040	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	$1,362,379	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$3,532	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$3,532	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$392,667	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$392,623	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$975,864	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$6,140,341	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$975,864	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	-$8,936	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$72,206	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$2,725,506	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,444,225	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$77,333	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$19,333	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$58,000	CompOfcrDirTrstDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$10,867	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$2,577	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$8,290	PensionEmplBnftDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$137	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$137	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$122,490	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$122,490	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss	$21,199	InterestRevAndExpnssAmt
Interest Net Invst Incm	$21,152	InterestNetInvstIncmAmt
Interest Dsbrs Chrtbl	$0	InterestDsbrsChrtblAmt
Taxes Rev And Expnss	$42,899	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$19,656	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$8,242	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$24,355	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$6,089	DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss	$25,044	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$6,261	OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl	$18,783	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$1,205	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$1,205	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$225,356	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$209,945	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$12,811	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$550,885	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$407,503	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$107,468	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$3,838,312	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$3,838,310	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$4,389,197	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$407,503	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$3,945,778	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$1,663,691	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,036,722	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$1,736,255	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$1,716,566	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$1,716,566	SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY	$962,474	CorporateStockBOYAmt
Corporate Stock EOY	$1,071,653	CorporateStockEOYAmt
Corporate Stock EOYFMV	$1,071,653	CorporateStockEOYFMVAmt
Other Investments BOY	$32,568,387	OtherInvestmentsBOYAmt
Other Investments EOY	$32,649,400	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$32,649,400	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$587,768	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$71,347	LandBldgEquipAccumDeprecAmt
Land BOY	$540,776	LandBOYAmt
Land EOY	$516,421	LandEOYAmt
Land EOYFMV	$516,421	LandEOYFMVAmt
Total Assets BOY	$35,807,892	TotalAssetsBOYAmt
Total Assets EOY	$35,954,040	TotalAssetsEOYAmt
Total Assets EOYFMV	$35,954,040	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$35,807,892	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$35,954,040	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$35,807,892	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$35,954,040	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$35,807,892	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$35,954,040	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$35,807,892	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$1,663,691	ExcessRevenueOverExpensesAmt
Other Increases	$1,809,839	OtherIncreasesAmt
Subtotal	$35,954,040	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$35,954,040	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
BERENS GLOBAL VALUE FUND TERMINATION	P	2006-02-01	2019-07-09	$1,139,039	$152,524	$986,515	$986,515
CASTINE OFFSHORE FUND TERMINATION	P	2017-05-01	2019-04-08	$618,000	$600,000	$18,000	$18,000
CONCOURSE CAPITAL PARTNERS TERMINATION	P	2015-03-01	2019-04-18	$543,405	$725,000	-$181,595	-$181,595
OAK HILL CAPITAL III BC TERMINATION	P	2018-11-27	2019-02-01	$157,860	$238,903	-$81,043	-$81,043
TRYTON MEDICAL INVESTORS LLC TERMINATION	P	2010-09-09	2020-01-10	$1,237	$1,237	$0	$0
PUBLICLY TRADED SECURITIES - CS MF				$1,797,028	$1,766,362	$30,666	$30,666
PUBLICLY TRADED SECURITIES - CS MF				$1,668,624	$1,540,246	$128,378	$128,378
PUBLICLY TRADED SECURITIES - CS BECKER				$82,267	$66,631	$15,636	$15,636
CAPITAL GAINS / SEC 1231 FROM PASSTHROUGHS	P					-$73,574	-$73,574
SEC 1231 FROM PASSTHROUGHS (UBTI)	P					$0	$0
CAPITAL GAINS DIVIDENDS	P			$132,881		$132,881	$132,881

Field	Value	IRS element (for citing)
Capital Gain Net Income	$975,864	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$3,368,003	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$28,023,740	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.120184	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$2,986,292	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$25,792,409	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.115782	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$1,861,778	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$23,976,876	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.077649	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$2,684,097	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$24,574,267	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.109224	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$1,762,400	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$24,243,065	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.072697	DistributionYr5Rt
Total Distribution	0.495536	TotalDistributionRt
Average Distribution	0.099107	AverageDistributionRt
Net Vl Noncharitable Assets	$34,235,722	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$3,393,000	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$10,367	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$3,403,367	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$3,945,778	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$10,367	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$10,367	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$10,367	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$30,774	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$30,774	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$20,407	OverpaymentAmt
Applied To ES Tax	$20,407	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	MS	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	RENEE D HOLM CPA	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6013669371	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1200 MEADOWBROOK RD 16	AddressLine1Txt
City	JACKSON	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	39206	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
VAUGHAN W MCRAE
PO BOX 13070	JACKSON	MS	39236	PRESIDENT	1.00	$0	$0	$0
SUSAN MCRAE SHANOR
PO BOX 13070	JACKSON	MS	39236	VICE-PRESIDENT	1.00	$0	$0	$0
RICHARD D MCRAE JR
PO BOX 13070	JACKSON	MS	39236	SECRETARY	1.00	$0	$0	$0
RENEE D HOLM
PO BOX 13070	JACKSON	MS	39236	EXECUTIVE DIRECTOR	35.00	$77,333	$0	$3,902

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ARNERICH MASSENA AND ASSOCIATES	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2045 NE MARTIN LUTHER KING JR BLVD	AddressLine1Txt
City	PORTLAND	CityNm
State Abbreviation	OR	StateAbbreviationCd
ZIP	97212	ZIPCd

Field	Value	IRS element (for citing)
Service Type	INVESTMENT ADVISORS	ServiceTypeTxt
Compensation	$101,769	CompensationAmt

Field	Value	IRS element (for citing)
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$33,389,849	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$850,808	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$516,421	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$34,757,078	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$34,757,078	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$521,356	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$34,235,722	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,711,786	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,711,786	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$10,367	TaxBasedOnInvestmentIncomeAmt
Total Tax	$10,367	TotalTaxAmt
Distributable Before Adj	$1,701,419	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$1,701,419	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$1,701,419	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$3,945,778	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$3,945,778	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$10,367	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$3,935,411	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,701,419	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$569,485	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$1,498,886	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$659,391	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$1,748,629	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$1,994,351	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$6,470,742	TotalExcessDistributionCyovAmt
Qualifying Distributions	$3,945,778	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$1,701,419	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$2,244,359	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$8,715,101	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$569,485	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$8,145,616	ExcessDistriCyovToNextYrAmt
Excess From Year4	$1,498,886	ExcessFromYear4Amt
Excess From Year3	$659,391	ExcessFromYear3Amt
Excess From Year2	$1,748,629	ExcessFromYear2Amt
Excess From Year1	$1,994,351	ExcessFromYear1Amt
Excess From Current Year	$2,244,359	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (52 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
ASHEVILLE ART MUSEUM
2 SOUTH PACK SQUARE	ASHEVILLE	NC	28802	NONE	PC	CAPITAL CAMPAIGN	$125,000
ASHEVILLE CITY SCHOOLS FOUNDATION
PO BOX 3196	ASHEVILLE	NC	28802	NONE	PC	IN REAL LIFE AFTER SCHOOL PROGRAM	$25,000
BADDOUR CENTER THE
3297 HIGHWAY 51 SOUTH	SENATOBIA	MS	38668	NONE	PC	TRIP SPONSORSHIP FOR MENTALLY CHALLENGED ADULTS	$16,500
BETHLEHEM CENTER THE
PO BOX 3522	JACKSON	MS	39207	NONE	PC	MINISTRY TO INTER-CITY FAMILIES & CHILDREN	$42,000
CAMP TWIN LAKES INC
600 MEANS STREET SUITE 110	ATLANTA	GA	30318	NONE	PC	CAMP SPONSORSHIP FOR MENTALLY CHALLENGED CHILDREN	$20,000
CENTER FOR VIOLENCE PREVENTION THE
PO BOX 6279	PEARL	MS	39288	NONE	PC	MINISTRY TO ABUSED LADIES & CHILDREN	$12,000
COMMUNITY FOUNDATION OF GREATER JACKSON
525 EAST CAPITOL ST STE 5B	JACKSON	MS	39201	NONE	PC	MS BOOK FESTIVAL & WEST JACKSON WORKFORCE TRAINING CENTER & CAF	$125,000
CURREY INGRAM ACADEMY
6544 MURRAY LANE	BRENTWOOD	TN	37027	NONE	PC	IT'S POSSIBLE FUND	$100,000
ELIADA HOMES
2 COMPTON DR	ASHEVILLE	NC	28806	NONE	PC	THERAPEUTIC ANIMAL SERVICE COOPERATIVE	$10,000
EMORY UNIVERSITY SCHOOL OF LAW
1762 CLIFTON ROAD SUITE 1400	ATLANTA	GA	30322	NONE	PC	VOLUNTEER LAW CLINIC FOR VETERANS	$25,000
EUDORA WELTY FOUNDATION
PO BOX 55685	JACKSON	MS	39296	NONE	PC	PRESERVATION OF EUDORA WELTY PROPERTY	$25,000
EXPONENT PHILANTHROPY
1720 N STREET NW	WASHINGTON	DC	20036	NONE	PC	ENHANCE PROGRAMS FOR SMALL FOUNDATIONS	$750
FRENCH CAMP ACADEMY
1 FINE PLACE	FRENCH CAMP	MS	39745	NONE	PC	STUDENT WORK PROGRAM	$10,000
FRIENDS OF CHILDREN'S HOSPITAL
3900 LAKELAND DR STE 205	FLOWOOD	MS	39232	NONE	PC	ENCHANTED EVENING GALA SPONSORSHIP	$25,000
GALLOWAY UNITED METHODIST CHURCH
305 N CONGRESS STREET	JACKSON	MS	39201	NONE	PC	GENERAL CHURCH BUDGET	$52,000
GATEWAY RESCUE MISSION
PO BOX 3763	JACKSON	MS	39207	NONE	PC	ASSISTANCE TO HOMELESS PEOPLES	$12,000
HINDS COMMUNITY COLLEGE FOUNDATION
PO BOX 1100	RAYMOND	MS	39154	NONE	PC	SCHOLARSHIP FUND	$15,000
HOLMES COUNTY CENTRAL HIGH SCHOOL JAGUAR CHOIR BOOSTER CLUB
PO BOX 92	LEXINGTON	MS	39095	NONE	NC	PUBLIC SCHOOL CHORAL MUSIC PROGRAM	$10,000
JACKSON CHORAL SOCIETY
1015 DEVONSHIRE DR	JACKSON	MS	39206		PC	SEASON SPONSORSHIP	$1,000
JACKSON ROTARY CLUB CHARITIES
PO BOX 9933	JACKSON	MS	39286	NONE	PC	COLLEGE SCHOLARSHIPS	$16,000
JIM HILL HIGH SCHOOL SCIENCE DEPARTMENT
2185 FORTUNE ST	JACKSON	MS	39204	NONE	NC	SCIENCE DEPARTMENT SUPPLIES	$8,244
MCCALLIE SCHOOL
500 DODDS AVENUE	CHATTANOOGA	TN	37404	NONE	PC	SCHOLARSHIP FUND & SCIENCE TECHNOLOGY BUILDING	$100,000
MILLSAPS COLLEGE
1701 NORTH STATE STREET	JACKSON	MS	39210	NONE	PC	CHRISTIAN CENTER RENOVATIONS	$941,295
MISSION FIRST
PO BOX 250	JACKSON	MS	39205		PC	EXPANSION OF EARLY LEARNING CENTER	$10,000
MISSISSIPPI CENTER FOR JUSTICE
PO BOX 1023	JACKSON	MS	39215		PC	PROVIDE LEGAL SERVICES FOR LOW-INCOME PEOPLE OF MISSISSIPPI	$50,000
MISSISSIPPI CHILDREN'S MUSEUM
PO BOX 55409	JACKSON	MS	39296		PC	DANIEL TIGER EXHIBIT	$10,000
MISSISSIPPI FISH AND WILDLIFE FOUNDATION
PO BOX 10	STONEVILLE	MS	38776		PC	WILDLIFE CONSERVATION IN MISSISSIPPI	$10,000
MISSISSIPPI FOOD NETWORK
PO BOX 411	JACKSON	MS	39205		PC	PROVIDE FOOD TO HUNGRY ABD NEEDY PEOPLE	$20,000
MISSISSIPPI GIRLCHOIR
PO BOX 13246	JACKSON	MS	39236	NONE	PC	CHOIR TOUR SPONSORSHIP	$1,000
MISSISSIPPI KIDNEY FOUNDATION
3000 OLD CANTON ROAD	JACKSON	MS	39216		PC	EVENT SPONSORSHIP	$1,500
MISSISSIPPI MUSEUM OF ART
201 E PASCAGOULA ST	JACKSON	MS	39201	NONE	PC	JEFFREY GIBSON: LIKE HAMMER ART EXHIBIT	$62,500
MISSISSIPPI STATE MEDICAL ASSOCIATION FOUNDATION
PO BOX 2548	RIDGELAND	MS	39158	NONE	PC	UNIV OF MS MEDICAL SCHOOL RURAL PHYSICIANS SCHOLARSHIP	$30,000
MISSISSIPPI SYMPHONY ORCHESTRA
PO BOX 2052	JACKSON	MS	39225	NONE	PC	CONCERT SPONSORSHIP	$50,000
OBAMA MAGNET SCHOOL PTA
PO BOX 2391	JACKSON	MS	39225	NONE	PC	PLAYGROUND RENOVATIONS	$15,000
OPERATION SHOESTRING
PO BOX 11223	JACKSON	MS	39283	NONE	PC	MINISTRY TO INTER-CITY FAMILIES & CHILDREN	$74,000
PARK PLACE CHRISTIAN ACADEMY
201 PARK PLACE DR	PEARL	MS	39208		PC	FEED THE NEED	$10,000
RON CLARK ACADEMY
228 MARGARET STREET	ATLANTA	GA	30315	NONE	PC	STUDENT SCHOLARSHIPS & PERFORMING ARTS CENTER	$768,000
SOCIETY OF ST ANDREW
PO BOX 5362	JACKSON	MS	39296	NONE	PC	HELP IN COLLECTION OF FOOD FOR THE HUNGRY	$10,000
SOCIETY RIDGE MISSIONARY BAPTIST CHURCH
3506 GREENS CROSSING RD	JACKSON	MS	39209	NONE	PC	CHURCH BUILDING FUND	$10,000
ST ANDREW'S EPISCOPAL SCHOOL
370 OLD AGENCY ROAD	RIDGELAND	MS	39157	NONE	PC	SCIENCE BUILDING AND ANNUAL CAPITAL CAMPAIGN	$80,000
ST DOMINIC HEALTH SERVICES FOUNDATION
969 LAKELAND DRIVE	JACKSON	MS	39216	NONE	PC	EMERGENCY ROOM RENOVATIONS	$50,000
STEWPOT COMMUNITY SERVICES
1100 WEST CAPITOL STREET	JACKSON	MS	39203	NONE	PC	ASSISTANCE TO HOMELESS PEOPLES	$110,000
TOUGALOO COLLEGE
500 W COUNTY LINE RD	TOUGALOO	MS	39174	NONE	PC	SCHOLARSHIP FUND	$300,000
UNIVERSITY OF MS MEDICAL CENTER
2500 NORTH STATE STREET	JACKSON	MS	39216	NONE	PC	CHILDREN'S HOSPITAL CONSTRUCTION	$100,000
UNIVERSITY OF NORTH CAROLINA ASHEVILLE FOUNDATION INC
1 UNIVERSITY HEIGHTS	ASHEVILLE	NC	28804	NONE	PC	STUDENT SCHOLARSHIPS	$250,000
UNIVERSITY PRESS OF MISSISSIPPI
3825 RIDGEWOOD ROAD	JACKSON	MS	39211	NONE	PC	INTERNSHIP SPONSORSHIP & PUBLICATION OF MS GOVERNORS MANSION BOOK	$25,000
USA INTERNATIONAL BALLET COMPETITION
PO BOX 3696	JACKSON	MS	39207	NONE	PC	COMPETITION SPONSORSHIP	$12,500
VERNER CENTER FOR EARLY LEARNING
2586 RICEVILLE RD	ASHEVILLE	NC	28805	NONE	PC	MOTHERS ON THE MOVE PROGRAM & SCHOLARSHIPS	$25,000
VOICE OF CALVARY MINISTRIES THE
1065 PECAN PARK CIRCLE	JACKSON	MS	39209	NONE	PC	MINISTRY TO INTER-CITY FAMILIES & CHILDREN	$12,000
YMCA OF WESTERN NORTH CAROLINA
53 ASHELAND AVE STE 105	ASHEVILLE	NC	28801	NONE	PC	ANNUAL FUND	$25,000
DONATIONS FROM PASSTHROUGH ENTITIES
VARIOUS	VARIOUS	VA	99999	NONE	PC	UNKNOWN	$23
LESSDONATIONS RELATED TO UBTI FROM PASSTHROUGH ENTITIES
VARIOUS	VARIOUS	VA	99999	NONE	PC	UNKNOWN	-$2

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$3,838,310	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
USA INTERNATIONAL BALLET COMPETITION
PO BOX 3696	JACKSON	MS	39207	PC	COMPETITION SPONSORSHIP	$12,500
MISSISSIPPI CENTER FOR JUSTICE
PO BOX 1023	JACKSON	MS	39215	PC	PROVIDE LEGAL SERVICES FOR LOW-INCOME PEOPLE OF MISSISSIPPI	$200,000
THISBE AND NOAH FOUNDATION
PO BOX 50332	NASHVILLE	TN	37205	PC	PLAYGROUND CONSTRUCTION	$250,000
MISSISSIPPI STATE MEDICAL ASSOCIATION FOUNDATION
PO BOX 2548	RIDGELAND	MS	39158	PC	UNIV OF MS MEDICAL SCHOOL RURAL PHYSICIANS SCHOLARSHIP	$90,000
ST ANDREW'S EPISCOPAL SCHOOL
370 OLD AGENCY ROAD	RIDGELAND	MS	39157	PC	CHAPEL CONSTRUCTION	$500,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$1,052,500	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$3,532	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Business	900000	BusinessCd
Unrelated Business Taxbl Incm	$44	UnrelatedBusinessTaxblIncmAmt
Exclusion	14	ExclusionCd
Exclusion	$392,623	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Business	900000	BusinessCd
Unrelated Business Taxbl Incm	-$363	UnrelatedBusinessTaxblIncmAmt
Exclusion	18	ExclusionCd
Exclusion	$976,227	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	BusinessBusinessCd	Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt	ExclusionExclusionCd	ExclusionExclusionAmt
PASSTHROUGH INCOME & DISTRIBUTION IN EXCESS OF BASIS	900000	-$80,959	14	$71,843
NON-TAXABLE PASSTHROUGH INCOME			14	$180

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	-$81,278	UnrelatedBusinessTaxblIncmAmt
Exclusion	$1,444,405	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,363,127	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

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

Contributor Information ContributorInformationGrp (3 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd	Noncash ContributionNoncashContributionInd
RICHARD D MCRAE CHARITABLE LEAD ANNUITY TRUST
1	PO BOX 13070	JACKSON	MS	39236	$993,556	Yes (X)
ESTATE OF RICHARD D MCRAE
2	PO BOX 13070	JACKSON	MS	39236	$149,829		Yes (X)
ESTATE OF RICHARD D MCRAE
3	PO BOX 13070	JACKSON	MS	39236	$218,994	Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp

Field	Value	IRS element (for citing)
Contributor	2	ContributorNum
Noncash Property	14.222% INTEREST IN EXIT 59 PROPERTIES LLC (FMV AT DATE OF DEATH)	NoncashPropertyDesc
Fair Market Value	$149,829	FairMarketValueAmt
Received	2019-02-01	ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING AND LEGAL	CategoryTxt
Amt	$137	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$137	DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (6 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	Cost Or Other BasisCostOrOtherBasisAmt	Prior Year DepreciationPriorYearDepreciationAmt	Computation MethodComputationMethodTxt	LifeLifeRt	Current Year ExpenseCurrentYearExpenseAmt	Net Investment IncomeNetInvestmentIncomeAmt
OFFICE CONDOMINIUM	2016-09-03	$515,000	$30,267	SL	39.000000000000	$13,205	$0
ARTWORK	2017-03-22	$28,950	$6,204	SL	7.000000000000	$4,136	$0
2005 LEXUS	2017-03-22	$12,000	$3,600	SL	5.000000000000	$2,400	$0
OFFICE EQUIPMENT	2017-03-22	$1,200	$360	SL	5.000000000000	$240	$0
OFFICE FURNISHINGS	2017-03-22	$10,023	$2,148	SL	7.000000000000	$1,432	$0
OFFICE FURNITURE	2017-03-22	$20,595	$4,413	SL	7.000000000000	$2,942	$0

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (65 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
AT&T INC	$15,800	$15,800
ALLEGANY CORP DEL	$11,965	$11,965
ALLERGAN PLC	$20,530	$20,530
ALLSTATE CORP	$18,374	$18,374
AMERICAN INT'L GROUP	$19,350	$19,350
AMGEN INC	$23,765	$23,765
APPLE INC	$21,666	$21,666
ASTRAZENECA PLC	$23,619	$23,619
AVNET INC	$8,940	$8,940
BLACKROCK INC	$13,184	$13,184
BORG WARNER INC	$12,173	$12,173
BUNGE LIMITED	$11,010	$11,010
CATEPILLAR INC	$9,851	$9,851
CHEVRON CORP	$13,393	$13,393
CIENA CORP	$22,979	$22,979
CISCO SYSTEMS INC	$26,203	$26,203
CITIGROUP INC	$16,742	$16,742
COHERENT INC	$15,557	$15,557
DANONE	$15,232	$15,232
DISCOVERY INC	$13,885	$13,885
EMBRAER S A	$13,556	$13,556
EXTENDED STATY AMERICA INC	$7,623	$7,623
EXXON MOBILE CORP	$6,212	$6,212
FEDEX CORP	$12,294	$12,294
FIRSTENERGY CORP	$16,507	$16,507
FLEXTRONICS INTL LTD	$26,760	$26,760
GILEAD SCIENCES INC	$13,588	$13,588
GOLDMAN SACHS GROUP	$19,020	$19,020
HEALTHPEAK PPTYS INC	$16,735	$16,735
HOWARD HUGHES CORP	$18,860	$18,860
HP INC	$23,132	$23,132
IMAX CORP	$8,105	$8,105
INTERNATIONAL PAPER	$14,048	$14,048
J M SMUCKER CO	$12,951	$12,951
J P MORGAN CHASE & CO	$33,090	$33,090
JOHNSON & JOHNSON	$21,586	$21,586
KEYCORP INC	$24,697	$24,697
KROGER CO	$17,459	$17,459
LEGGETT & PLATT INC	$19,036	$19,036
MADISON SQUARE GARDEN CO	$14,810	$14,810
MEGNA INTL INC	$10,645	$10,645
MCKESSON CORP	$14,974	$14,974
MERCK & CO INC	$23,496	$23,496
METHANEX CORP	$10,701	$10,701
MICROSOFT CORP	$25,535	$25,535
MOLSON COORS BEVERAGE	$8,615	$8,615
NESTLE S A	$12,129	$12,129
NEWMONT CORP	$12,842	$12,842
PFIZER INC	$19,551	$19,551
PNC FINANCIAL SERVICES	$20,054	$20,054
PROCTOR & GAMBLE	$13,085	$13,085
QUALCOMM INC	$17,062	$17,062
RAYTHEON CO	$13,256	$13,256
ROYAL DUTCH SHELL	$16,427	$16,427
SIEMENS A G	$13,847	$13,847
SOUTHERN CO	$12,320	$12,320
SOUTHWEST AIRLINES	$15,120	$15,120
STATE STREET CORP	$24,580	$24,580
TE CONNECTIVITY LTD	$17,975	$17,975
THE MOSAIC CO	$11,011	$11,011
US BANCORP	$19,958	$19,958
WALMART INC	$23,471	$23,471
WALT DISNEY	$12,448	$12,448
WELLS FARGO BANK N A	$15,960	$15,960
WEYERHAEUSER CO REIT	$12,304	$12,304

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (51 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
BRANDYWINE GLOBAL UNCONSTRAINED BD FUND	FMV	$825,361	$825,361
DODGE & COX INCOME FUND	FMV	$1,046,245	$1,046,245
ARTISAN INTERNATIONAL VALUE FUND	FMV	$1,474,523	$1,474,523
CHAMPLAIN MID CAP FUND	FMV	$1,133,638	$1,133,638
GRANDEUR PEAK INTERNATIONAL OPP FUND	FMV	$535,490	$535,490
JOHCM INTERNATIONAL SELECT FUND	FMV	$1,133,224	$1,133,224
SEAFARER OVERSEAS GROWTH & INCOME FUND	FMV	$962,361	$962,361
VANGUARD MID CAP INDEX FUND	FMV	$622,957	$622,957
VANGUARD 500 INDEX FUND	FMV	$1,441,734	$1,441,734
VULCAN VALUE PARTNERS FUND	FMV	$950,149	$950,149
WCM FOCUSED INTERNATIONAL GROWTH FUND	FMV	$1,068,938	$1,068,938
WESTWOOD SMALL CAP VALUE FUND	FMV	$277,337	$277,337
3 X 5 SPECIAL OPPORTUNITY FUND, LP	FMV	$1,075,249	$1,075,249
3 X 5 RIVERVEST FUND II, LP	FMV	$4,689,917	$4,689,917
3 X 5 PARTNERS FUND III, LP	FMV	$308,768	$308,768
ABBOTT CAPITAL PRIVATE EQUITY FUND III, LP	FMV	$7,985	$7,985
AACP DEBT INVESTORS, LP	FMV	$81,691	$81,691
AACP TAX EXEMPT INVESTORS II, LP	FMV	$590,014	$590,014
AACP TAX EXEMPT INVESTORS IV, LP	FMV	$535,507	$535,507
AA DELAWARE IV, LP	FMV	$54,153	$54,153
ADP INVESTORS II, LLC	FMV	$1,138,188	$1,138,188
BERENS AFRICAN DEVELOPMENT PARTNERS LP	FMV	$438,535	$438,535
BPEA LIFE SCIENCES FUND I, LP	FMV	$305,578	$305,578
CORDILLERA INVESTMENT FUND II, LP	FMV	$56,039	$56,039
FISHPEOPLE INVESTORS, LLC	FMV	$41,700	$41,700
GLOBAL ACCESS FUND II, LP	FMV	$1,739,245	$1,739,245
KCB REAL ESTATE VII LP	FMV	$147,501	$147,501
KEYHAVEN CAPITAL PARTNERS II	FMV	$87,474	$87,474
MORRISON STREET DEBT OPPORTUNITY FUND	FMV	$800,454	$800,454
MORRISON STREET DEBT OPPORTUNITY FUND II	FMV	$354,080	$354,080
MUDRICK DISTRESSED OPPORTUNITY FUND (OFFSHORE)	FMV	$1,332,490	$1,332,490
OAK HILL CAPITAL PARTNERS II	FMV	$12,685	$12,685
OAK HILL CAPITAL PARTNERS III	FMV	$179,093	$179,093
OAK HILL CAPITAL PARTNERS IV	FMV	$398,200	$398,200
OAK HILL CAPITAL PARTNERS V	FMV	$51,653	$51,653
OHA EUROPEAN STRATEGIC OPPORTUNITY FUND, LP	FMV	$50,500	$50,500
PALO ALTO HEALTHCARE FUND II, LP	FMV	$802,336	$802,336
RIMROCK STRUCTURED PRODUCT FUND	FMV	$869,679	$869,679
RUBICON INVESTORS, LLC	FMV	$532,952	$532,952
SENTAKU INVESTORS LLC	FMV	$10,378	$10,378
SIGHTLINE OPPORTUNITY MANAGEMENT FUND II, LP	FMV	$272,624	$272,624
TECHNOLOGY PARTNERS, LLC	FMV	$17,824	$17,824
TRF FEEDER FUND (CAYMAN) LP	FMV	$801,970	$801,970
US WATER AND LAND, LP	FMV	$328,279	$328,279
VAPOTHERM INVESTORS, LLC	FMV	$384,038	$384,038
VENTURE INVESTMENT PARTNERS V, LP	FMV	$227,257	$227,257
VIA ENERGY LP	FMV	$122,789	$122,789
WAM-PAA, LP	FMV	$339,910	$339,910
WATER PROPERTY INVESTOR, LP	FMV	$1,431,917	$1,431,917
ZERO MASS WATER INVESTORS LLC	FMV	$408,962	$408,962
EXIT 59 PROPERTIES LLC	FMV	$149,829	$149,829

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (6 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt
OFFICE CONDOMINIUM	$515,000	$43,472	$471,528
ARTWORK	$28,950	$10,340	$18,610
2005 LEXUS	$12,000	$6,000	$6,000
OFFICE EQUIPMENT	$1,200	$600	$600
OFFICE FURNISHINGS	$10,023	$3,580	$6,443
OFFICE FURNITURE	$20,595	$7,355	$13,240

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
AUTOMOBILE EXPENSE	$1,148	$0	$1,148
BANK FEES	$277	$277	$0
DUES	$1,708	$427	$1,281
INSURANCE	$5,303	$0	$5,303
POSTAGE & SHIPPING	$1,394	$0	$1,394
OFFICE EXPENSE	$7,370	$3,685	$3,685
SEC 59(2) EXPENSE - FROM PASSTHROUGHS	$2,198	$20	$0
NON DEDUCTIBLE EXPENSES - FROM PASSTHROUGHS	$400	$0	$0
PORTFOLIO DEDUCTIONS FROM PASSTHROUGHS	$205,415	$205,393	$0
SEC 743 NEGATIVE ADJUSTMENT	$143	$143	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDesc	Net Investment IncomeNetInvestmentIncomeAmt	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
SEC 1231 FROM PASSTHROUGHS (UBTI)	$363
PASSTHROUGH INCOME & DISTRIBUTION IN EXCESS OF BASIS	$71,843	-$9,116	-$9,116
NON-TAXABLE PASSTHROUGH INCOME		$180	$180

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED APPRECIATION (LOSS) ON ASSETS	Desc
Amt	$1,809,839	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ARNERICH MASSENA & ASSOCIATES - INVESTMENT SERVICES	$101,769	$101,769	$0
BECKER - INVESTMENT SERVICES	$6,577	$6,577	$0
MORRISON STREET CAPITAL - INVESTMENT SERVICES	$14,144	$14,144	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (5 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES - FROM PASSTHROUGHS	$3,719	$3,719	$0
FOREIGN TAXES - SCHWAB	$10,183	$10,183	$0
PROPERTY TAXES	$10,990	$2,747	$8,242
FEDERAL/STATE INCOME TAXES	$18,000	$3,000	$0
STATE INCOME TAXES - FROM PASSTHROUGHS	$7	$7	$0

SELBY AND RICHARD MCRAE FOUNDATION: Form 990PF, tax year 2019

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Form 990-PF IRS990PF

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Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (5 entries)

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