efile Public Visual Render
ObjectId: 202320129349100972 - Submission: 2023-01-12
TIN: 52-6061469
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0047
20
21
Open to Public Inspection
For calendar year 2021, or tax year beginning
09-01-2021
, and ending
08-31-2022
Name of foundation
THE GOTTESMAN FUND
Number and street (or P.O. box number if mail is not delivered to street address)
2300 N STREET NW 300
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON
,
DC
20037
A Employer identification number
52-6061469
B
Telephone number (see instructions)
(202) 457-1600
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
401,179,331
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
5,013,739
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
3,405,546
3,338,101
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
-9,654,990
b
Gross sales price for all assets on line 6a
7
Capital gain net income (from Part IV, line 2)
...
0
8
Net short-term capital gain
.........
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
-1,360,860
-1,360,860
12
Total.
Add lines 1 through 11
........
-2,596,565
1,977,241
13
Compensation of officers, directors, trustees, etc.
299,219
0
299,219
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
208,668
0
208,668
16a
Legal fees (attach schedule)
.........
14,157
0
14,157
b
Accounting fees (attach schedule)
.......
262,000
262,000
0
c
Other professional fees (attach schedule)
....
319,315
0
319,315
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
905,946
5,946
0
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
22,881
0
22,881
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
144,394
126,324
18,070
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
2,176,580
394,270
882,310
25
Contributions, gifts, grants paid
.......
24,897,117
24,897,117
26
Total expenses and disbursements.
Add lines 24 and 25
27,073,697
394,270
25,779,427
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-29,670,262
b
Net investment income
(if negative, enter -0-)
1,582,971
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2021)
Page 2
Form 990-PF (2021)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
2
Savings and temporary cash investments
.........
29,965,663
12,333,215
12,333,215
3
Accounts receivable
2,000,000
Less: allowance for doubtful accounts
2,000,000
2,000,000
2,000,000
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
5,188
494
494
10a
Investments—U.S. and state government obligations (attach schedule)
2,182,214
1,314,793
1,271,874
b
Investments—corporate stock (attach schedule)
.......
86,850,643
105,216,548
154,999,498
c
Investments—corporate bonds (attach schedule)
.......
16,577,801
15,387,027
14,706,221
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
156,259,563
127,918,731
215,868,029
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
293,841,072
264,170,808
401,179,331
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
.........
0
0
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
0
0
27
Paid-in or capital surplus, or land, bldg., and equipment fund
0
0
28
Retained earnings, accumulated income, endowment, or other funds
293,841,072
264,170,808
29
Total net assets or fund balances
(see instructions)
.....
293,841,072
264,170,808
30
Total liabilities and net assets/fund balances
(see instructions)
.
293,841,072
264,170,808
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
293,841,072
2
Enter amount from Part I, line 27a
.....................
2
-29,670,262
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
264,170,810
5
Decreases not included in line 2 (itemize)
5
2
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
264,170,808
Form
990-PF
(2021)
Page 3
Form 990-PF (2021)
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
CAPITAL GAINS FROM PUBLICLY TRADED SECURITIES
P
b
LOSS ON WRITE OFF OF INVESTMENT IN BLMIS, LLC
P
c
CLASS ACTION SETTLEMENTS
P
d
FROM PARTNERSHIPS:
P
e
BROOKFIELD INFRASTRUCTURE
P
FM FIRST CHINA FUND LLC
P
FMC RESEARCH
P
GREENLEA LANE CAPITAL PARTNERS LP
P
ROCK SPRINGS CAPITAL FUND
P
DISTRIBUTION IN EXCESS OF BASIS - CRC GLO STRUCTURED FUND
P
DISTRIBUTION IN EXCESS OF BASIS - GS INVESTMENT PARTNERS LP
P
LOSS ON SALE OF ARBITER PARTNERS OFFSHORE LTD.
P
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
14,106,217
b
-17,370,942
c
5,249
d
0
e
7,155
391,417
796,464
2,144,074
2,874,375
114,861
2,773
-5,439,627
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
14,106,217
b
-17,370,942
c
5,249
d
0
e
7,155
391,417
796,464
2,144,074
2,874,375
114,861
2,773
-5,439,627
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
-2,367,984
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
Form
990-PF
(2021)
Page 4
Form 990-PF (2021)
Page
4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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
22,003
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
22,003
6
Credits/Payments:
a
2021 estimated tax payments and 2020 overpayment credited to 2021
6a
560,516
b
Exempt foreign organizations—tax withheld at source
......
6b
0
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
560,516
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
538,513
11
Enter the amount of line 10 to be:
Credited to 2022 estimated tax
538,513
Refunded
11
0
Part VI-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 the instructions
for the definition
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
.........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XIV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
DC
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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
If "Yes," complete Part XIII
.............................
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
(2021)
Page 5
Form 990-PF (2021)
Page
5
Part VI-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
Yes
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
N/A
14
The books are in care of
ROBERT W GOTTESMAN
Telephone no.
(212) 756-3452
Located at
C/O FIRST MANHATTAN CO 399 PARK AVE
NEW YORK
NY
ZIP+4
10022
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Part VI-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?
...........
1a(1)
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
..............................
1a(2)
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
...........
1a(3)
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
............
1a(4)
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
......................
1a(5)
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
...............
1a(6)
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
..........
1b
c
Organizations relying on a current notice regarding disaster assistance check here
........
d
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 2021?
.............
1d
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 2021, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2021?
....................
2a
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
..............................
3a
No
b
If "Yes," did it have excess business holdings in 2021 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 2021.)
.....................
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 2021?
..
4b
No
Form
990-PF
(2021)
Page 6
Form 990-PF (2021)
Page
6
Part VI-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))?
..........
5a(1)
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
....................
5a(2)
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
.............
5a(3)
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
........................
5a(4)
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.............
5a(5)
No
b
If any answer is "Yes" to 5a(1)–(5), did
any
of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions
........
5b
c
Organizations relying on a current notice regarding disaster assistance check
.........
d
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?
.................
5d
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.............................
6a
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
.....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.........................
8
No
Part VII
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
DAVID S GOTTESMAN
PRESIDENT EMERITUS
3.00
0
0
0
26 ISLAND DRIVE
RYE
,
NY
10580
RUTH L GOTTESMAN
CO-PRESIDENT
3.00
0
0
0
26 ISLAND DRIVE
RYE
,
NY
10580
ROBERT W GOTTESMAN
CO-PRESIDENT
3.00
0
0
0
888 PARK AVE
NEW YORK
,
NY
10075
ALICE R GOTTESMAN
CHAIRPERSON
3.00
0
0
0
C/O FIRST MANHATTAN CO399 PARK AVE
NEW YORK
,
NY
10022
WILLIAM L GOTTESMAN
TREASURER
3.00
0
0
0
100 OVERLAKE PARK
BURLINGTON
,
VT
05401
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
DIANE EIDMAN
DIRECTOR
35.00
299,219
208,668
0
572 COUNTY ROUTE 32
NORTH CHATHAM
,
NY
12132
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(2021)
Page 7
Form 990-PF (2021)
Page
7
Part VII
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
DAVID HARMAN
CONSULTING
199,000
53 SHMARYAHU LEVIN
JERUSALEM
IS
SHUNIMI ENGINEERING LTD
CONSULTING
70,200
36 HAVATZELET ST
HOD HASHARON
IS
Total
number of others receiving over $50,000 for professional services
.............
0
Part VIII-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
NONE
0
2
3
4
Part VIII-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
0
Total.
Add lines 1 through 3
.........................
0
Form
990-PF
(2021)
Page 8
Form 990-PF (2021)
Page
8
Part IX
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
442,271,741
b
Average of monthly cash balances
.......................
1b
14,448,829
c
Fair market value of all other assets (see instructions)
................
1c
2,000,000
d
Total
(add lines 1a, b, and c)
.........................
1d
458,720,570
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
458,720,570
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions)
.............................
4
6,880,809
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3.
............
5
451,839,761
6
Minimum investment return.
Enter 5% (0.05) of line 5
................
6
22,591,988
Part X
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part IX, line 6
..................
1
22,591,988
2a
Tax on investment income for 2021 from Part V, line 5
.......
2a
22,003
b
Income tax for 2021. (This does not include the tax from Part V.)
...
2b
c
Add lines 2a and 2b
............................
2c
22,003
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
22,569,985
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
22,569,985
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 XII, line 1
...
7
22,569,985
Part XI
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
25,779,427
b
Program-related investments—total from Part VIII-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 XII, line 4.
4
25,779,427
Form
990-PF
(2021)
Page 9
Form 990-PF (2021)
Page
9
Part XII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2020
(c)
2020
(d)
2021
1
Distributable amount for 2021 from Part X, line 7
22,569,985
2
Undistributed income, if any, as of the end of 2021:
a
Enter amount for 2020 only
.......
0
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2021:
a
From 2016
......
6,314,509
b
From 2017
......
6,017,254
c
From 2018
......
7,489,635
d
From 2019
......
7,497,983
e
From 2020
......
3,998,026
f
Total
of lines 3a through e
........
31,317,407
4
Qualifying distributions for 2021 from Part
XI, line 4:
$
25,779,427
a
Applied to 2020, 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 2021 distributable amount
.....
22,569,985
e
Remaining amount distributed out of corpus
3,209,442
5
Excess distributions carryover applied to 2021.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
34,526,849
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 2022
..........
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 2016 not
applied on line 5 or line 7 (see instructions)
...
6,314,509
9
Excess distributions carryover to 2022.
Subtract lines 7 and 8 from line 6a
......
28,212,340
10
Analysis of line 9:
a
Excess from 2017
....
6,017,254
b
Excess from 2018
....
7,489,635
c
Excess from 2019
....
7,497,983
d
Excess from 2020
....
3,998,026
e
Excess from 2021
....
3,209,442
Form
990-PF
(2021)
Page 10
Form 990-PF (2021)
Page
10
Part XIII
Private Operating Foundations
(see instructions and Part VI-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 2021, enter the date of the ruling
......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2021
(b)
2020
(c)
2019
(d)
2018
b
85% (0.85) of line 2a
.........
c
Qualifying distributions from Part XI,
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 IX, 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 XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
DAVID S GOTTESMAN
RUTH L GOTTESMAN
ROBERT W GOTTESMAN
ALICE R GOTTESMAN
WILLIAM L GOTTESMAN
b
List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(2021)
Page 11
Form 990-PF (2021)
Page
11
Part XIV
Supplementary Information
(continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
AM FRIENDS OF THE ISRAEL PHIL ORCHESTRA
122 EAST 42ND STREET
NEW YORK
,
NY
10168
PUBLIC
GENERAL SUPPORT
10,000
AMJEWISH JOINT DIST COMMITTEE INC
220 EAST 42ND ST
NEW YORK
,
NY
10017
PUBLIC
GENERAL SUPPORT
83,000
AMERICAN FRIENDS OF BATSHEVA
1201 BROADWAY
NEW YORK
,
NY
10001
PUBLIC
GENERAL SUPPORT
30,000
AMERICAN FRIENDS OF LEKET ISRAEL INC
PO BOX 2090
TEANECK
,
NJ
07666
PUBLIC
GENERAL SUPPORT
300,000
AMERICAN FRIENDS OF SHENKAR
315 WEST 36TH STREET
NEW YORK
,
NY
10018
PUBLIC
GENERAL SUPPORT
30,000
AMERICAN JEWISH HISTORICAL SOCIETY
15 WEST 16TH STREET
NEW YORK
,
NY
10011
PUBLIC
GENERAL SUPPORT
10,000
AMERICAN JEWISH WORLD SERVICE
45 WEST 36TH STREET 11TH FLOOR
NEW YORK
,
NY
10018
PUBLIC
GENERAL SUPPORT
150,000
AMERICARES FOUNDATION INC
88 HAMILTON AVENUE
STAMFORD
,
CT
06902
PUBLIC
GENERAL SUPPORT
50,000
ARTIS
PO BOX 979
NEW YORK
,
NY
10013
PUBLIC
GENERAL SUPPORT
10,000
ASPNI
28 ARRANDALE AVENUE
GREAT NECK
,
NY
11024
PUBLIC
GENERAL SUPPORT
100,000
ASSOCIATION TO BENEFIT CHILDREN
419 EAST 86TH STREET
NEW YORK
,
NY
10028
PUBLIC
GENERAL SUPPORT
150,000
AVODAH
125 MAIDEN LANE 8B
NEW YORK
,
NY
10038
PUBLIC
GENERAL SUPPORT
35,000
BARD COLLEGE
PO BOX 5000
ANNANDALEONHUDSON
,
NY
12504
PUBLIC
GENERAL SUPPORT
240,000
BARNARD COLLEGE
3009 BROADWAY
NEW YORK
,
NY
10027
PUBLIC
GENERAL SUPPORT
25,000
BAY RIDGE PREP
8101 RIDGE BLVD
BROOKLYN
,
NY
11209
PUBLIC
GENERAL SUPPORT
333,333
BI-CULTURAL HEBREW ACADEMY OF CONNECTICUT
1937 WEST MAIN STREET
STAMFORD
,
CT
06902
PUBLIC
GENERAL SUPPORT
80,000
BRONX CHILDREN'S MUSEUM
PO BOX 1381
BRONX
,
NY
10451
PUBLIC
GENERAL SUPPORT
35,000
BROWN UNIVERSITY
BOX 1893
PROVIDENCE
,
RI
02912
PUBLIC
GENERAL SUPPORT
20,000
CAPSTONE COMMUNITY ACTION
20 GABLE PLACE
BARRE
,
VT
05641
PUBLIC
GENERAL SUPPORT
125,000
CARE INC
151 ELLIS STREET NE
ATLANTA
,
GA
30303
PUBLIC
GENERAL SUPPORT
50,000
CENTER FOR REPRODUCTIVE RIGHTS
199 WATER STREET
NEW YORK
,
NY
10038
PUBLIC
GENERAL SUPPORT
75,000
CENTRAL PARK CONSERVANCY
14 EAST 60TH STREET
NEW YORK
,
NY
10022
PUBLIC
GENERAL SUPPORT
200,000
CHAMPLAIN COLLEGE
163 SOUTH WILLARD STREET
BURLINGTON
,
VT
05402
PUBLIC
GENERAL SUPPORT
30,000
CHILDREN'S AID SOCIETY
711 THIRD AVENUE
NEW YORK
,
NY
10017
PUBLIC
GENERAL SUPPORT
150,000
COALITION FOR THE HOMELESS INC
129 FULTON STREET
NEW YORK
,
NY
10038
PUBLIC
GENERAL SUPPORT
150,000
CONGREGATION KEHILATH JESHURUN
125 EAST 85TH STREET
NEW YORK
,
NY
10028
PUBLIC
GENERAL SUPPORT
24,000
CONGREGATION OR ZARUA
127 EAST 82ND STREET
NEW YORK
,
NY
10028
PUBLIC
GENERAL SUPPORT
25,000
COUNCIL OF AMERICAN JEWISH MUSEUMS
PO BOX 12025
JACKSON
,
MS
39236
PUBLIC
GENERAL SUPPORT
25,000
DARTMOUTH COLLEGE
6066 DEVELOPMENT OFFICE
HANOVER
,
NH
03755
PUBLIC
GENERAL SUPPORT
20,000
DOROT INC
171 WEST 85 ST
NEW YORK
,
NY
10024
PUBLIC
GENERAL SUPPORT
50,000
ECHO LEAHY CENTER FOR LAKE CHAMPLAIN
1 COLLEGE ST
BURLINGTON
,
VT
05401
PUBLIC
GENERAL SUPPORT
45,000
FOOD BANK FOR NEW YORK CITY
39 BROADWAY
NEW YORK
,
NY
10006
PUBLIC
GENERAL SUPPORT
200,000
FOUNDATION FOR JEWISH CAMP
253 W 35TH STREET
NEW YORK
,
NY
10001
PUBLIC
GENERAL SUPPORT
410,000
FRIENDS OF THE ISRAEL DEFENSE FORCES
60 EAST 42ND STREET
NEW YORK
,
NY
10165
PUBLIC
GENERAL SUPPORT
20,000
GENERATOR INC
40 SEARS LANE
BURLINGTON
,
VT
05401
PUBLIC
GENERAL SUPPORT
25,000
GOLDA OCH ACADEMY
1418 PLEASANT VALLEY WAY
WEST ORANGE
,
NJ
07052
PUBLIC
GENERAL SUPPORT
170,000
GOOD SHEPHERD SERVICES
305 SEVENTH AVE 9TH FL
NEW YORK
,
NY
10001
PUBLIC
GENERAL SUPPORT
150,000
GROWNYC
100 GOLD STREET SUITE 3300
NEW YORK
,
NY
10038
PUBLIC
GENERAL SUPPORT
250,000
HARVARD BUSINESS SCHOOL FUND
TEELE HALL
BOSTON
,
MA
02163
PUBLIC
GENERAL SUPPORT
250,000
HEBREW COLLEGE
160 HERRICK ROAD
NEWTON
,
MA
02459
PUBLIC
GENERAL SUPPORT
60,000
HILLEL - THE FDN FOR JEWISH CAMPUS LIFE
CHARLES AND LYNN SCHUSTERMAN
INTERNATIONAL CENTER
WASHINGTON
,
DC
20001
PUBLIC
GENERAL SUPPORT
150,000
HORTICULTURAL SOCIETY OF NEW YORK
148 WEST 37TH STREET 13
NEW YORK
,
NY
10018
PUBLIC
GENERAL SUPPORT
25,000
INSTITUTE FOR CURRICULUM SERVICES
121 STEUART ST STE 301
SAN FRANCISCO
,
CA
94105
PUBLIC
GENERAL SUPPORT
150,000
INTERNATIONAL MEDICAL CORPS
12400 WILSHIRE BLVD SUITE 1500
LOS ANGELES
,
CA
90025
PUBLIC
GENERAL SUPPORT
50,000
INTERVALE CENTER
180 INTERVALE RD
BURLINGTON
,
VT
05401
PUBLIC
GENERAL SUPPORT
55,000
ISRAAID (US) GLOBAL HUMANIT ASSIST INC
555 COLLEGE AVENUE
PALO ALTO
,
CA
94306
PUBLIC
GENERAL SUPPORT
50,000
ISRAEL CENTER FOR EXCELLENCE THROUGH EDU
14305 DAWNWOOD CT
HOMER GLEN
,
IL
60491
PUBLIC
GENERAL SUPPORT
720,000
ISRAEL ON CAMPUS COALITION
PO BOX 34640
WASHINGTON
,
DC
20043
PUBLIC
GENERAL SUPPORT
200,000
JEWISH CHILD CARE ASSOCIATION
858 E 29TH STREET
BROOKLYN
,
NY
11210
PUBLIC
GENERAL SUPPORT
75,000
JEWISH COMMUNITIES OF VERMONT
47 MAPLE STREET
BURLINGTON
,
VT
05401
PUBLIC
GENERAL SUPPORT
8,000
JOHN HOPKINS UNIVTHE SHERIDAN LIBRARIES
3400 N CHARLES STREET
BALTIMORE
,
MD
21218
PUBLIC
GENERAL SUPPORT
133,333
LAWYERS FOR CHILDREN INC
110 LAFAYETTE ST
NEW YORK
,
NY
10013
PUBLIC
GENERAL SUPPORT
20,000
LURIA ACADEMY OF BROOKLYN
238 ST MARKS AVENUE
BROOKLYN
,
NY
11238
PUBLIC
GENERAL SUPPORT
125,000
MA'AYANOT YESHIVA HIGH SCHOOL FOR GIRLS
1650 PALISADE AVENUE
TEANECK
,
NJ
07666
PUBLIC
GENERAL SUPPORT
180,000
MARLENE MEYERSON JCC IN MANHATTAN
334 AMSTERDAM AVENUE
NEW YORK
,
NY
10023
PUBLIC
GENERAL SUPPORT
275,000
MAYOR'S FUND TO ADVANCE NYC
253 BROADWAY
NEW YORK
,
NY
10007
PUBLIC
GENERAL SUPPORT
100,000
MEET INTERNATIONAL INC
177 HUNTINGTON AVE STE 1703
BOSTON
,
MA
02115
PUBLIC
GENERAL SUPPORT
100,000
MET COUNCIL ON JEWISH POVERTY
77 WATER STREET
NEW YORK
,
NY
10005
PUBLIC
GENERAL SUPPORT
150,000
MILTON GOTTESMAN JEWISH DAY SCHOOL
6045 16TH STREET NW
WASHINGTON
,
DC
20011
PUBLIC
GENERAL SUPPORT
150,000
MONGABAY ORG CORPORATION
1259 EL CAMINO REAL 150
MENLO PARK
,
CA
94025
PUBLIC
GENERAL SUPPORT
15,000
MOUNT SINAI HEALTH SYSTEM
ONE GUSTAVE L LEVY PLACE
NEW YORK
,
NY
10029
PUBLIC
GENERAL SUPPORT
1,300,000
MT HOLYOKE COLLEGE
OFFICE OF ADVANCEMENT
SOUTH HADLEY
,
MA
01075
PUBLIC
GENERAL SUPPORT
10,000
NATIONAL GALLERY OF ART
2000B SOUTH CLUB DRIVE
WASHINGTON
,
DC
20785
PUBLIC
GENERAL SUPPORT
12,000
NATLALLIANCE ON MENTAL ILLNESS OF NYC
505 EIGHTH AVENUE
NEW YORK
,
NY
10018
PUBLIC
GENERAL SUPPORT
75,000
NEW YORK CARES
65 BROADWAY
NEW YORK
,
NY
10006
PUBLIC
GENERAL SUPPORT
75,000
NEW YORK COMMON PANTRY
8 EAST 109TH STREET
NEW YORK
,
NY
10029
PUBLIC
GENERAL SUPPORT
250,000
NEW YORKER FOR PARKS
55 BROAD STREET
NEW YORK
,
NY
10004
PUBLIC
GENERAL SUPPORT
5,000
PEF - ISRAEL ENDOWMENT FD
630 THIRD AVENUE
NEW YORK
,
NY
10017
PUBLIC
GENERAL SUPPORT
8,472,696
PLAN A HEALTH INC
PO BOX 20066
NEW YORK
,
NY
10025
PUBLIC
GENERAL SUPPORT
12,500
RAMAZ SCHOOL
114 EAST 85TH STREET
NEW YORK
,
NY
10028
PUBLIC
GENERAL SUPPORT
1,250,000
SANCTUARY FOR FAMILIES
PO BOX 1406
NEW YORK
,
NY
10268
PUBLIC
GENERAL SUPPORT
30,000
SAR ACADEMY
655 WEST 254TH STREET
RIVERDALE
,
NY
10583
PUBLIC
GENERAL SUPPORT
375,000
SAVE THE CHILDREN
501 KINGS HIGHWAY EAST
FAIRFIELD
,
CT
06825
PUBLIC
GENERAL SUPPORT
5,000
SCHECHTER SCHOOL OF LONG ISLAND
1 BARBARA LANE
JERICHO
,
NY
11753
PUBLIC
GENERAL SUPPORT
100,000
SINAI SCHOOLS
240 FRISCH COURT
PARAMUS
,
NJ
07652
PUBLIC
GENERAL SUPPORT
50,000
ST JUDE CHILDREN'S RESEARCH HOSPITAL
262 DANNY THOMAS PLACE
MEMPHIS
,
TN
38105
PUBLIC
GENERAL SUPPORT
5,000
STORYVILLE CENTER FOR THE SPOKEN WORD
75 BROAD STREET
NEW YORK
,
NY
10004
PUBLIC
GENERAL SUPPORT
7,200
TEACHERS COLLEGE
525 WEST 120TH STREET
NEW YORK
,
NY
10027
PUBLIC
GENERAL SUPPORT
100,000
THE BRIDGE
290 LENOX AVE
NEW YORK
,
NY
10027
PUBLIC
GENERAL SUPPORT
5,000
THE BROTHERHOODSISTER SOL
140 HAMILTON PLACE
NEW YORK
,
NY
10031
PUBLIC
GENERAL SUPPORT
125,000
THE FOUNDATION FOR CITY COLLEGE
205 EAST 42 STREET
NEW YORK
,
NY
10017
PUBLIC
GENERAL SUPPORT
81,250
THE FRISCH SCHOOL
120 WEST CENTURY ROAD
PARAMUS
,
NJ
07652
PUBLIC
GENERAL SUPPORT
517,000
THE JEWISH MUSEUM
1109 FIFTH AVENUE
NEW YORK
,
NY
10128
PUBLIC
GENERAL SUPPORT
68,000
THE LAB SHUL
125 MAIDEN LANE
NEW YORK
,
NY
10038
PUBLIC
GENERAL SUPPORT
5,000
THE LEFFELL SCHOOL
555 WEST HARTSDALE AVE
HARTSDALE
,
NY
10530
PUBLIC
GENERAL SUPPORT
375,000
THE NEW YORK PUBLIC LIBRARY
445 FIFTH AVENUE 8TH FLOOR
NEW YORK
,
NY
10016
PUBLIC
GENERAL SUPPORT
2,000,000
THE SHEFA SCHOOL
40 EAST 29TH STREET
NEW YORK
,
NY
10016
PUBLIC
GENERAL SUPPORT
250,000
TIVNU BUILDING JUSTICE
7971 SE 11TH AVENUE
PORTLAND
,
OR
97202
PUBLIC
GENERAL SUPPORT
25,000
TORAH ACADEMY OF BERGEN COUNTY
1600 QUEEN ANNE ROAD
TEANECK
,
NJ
07666
PUBLIC
GENERAL SUPPORT
100,000
UJA-FEDERATION OF NEW YORK
130 EAST 59TH STREET
NEW YORK
,
NY
10022
PUBLIC
GENERAL SUPPORT
745,805
UNIV OF SOUTHERN CALIFORNIA SHOAH FDN
650 WEST 35TH STREET
LOS ANGELES
,
CA
90007
PUBLIC
GENERAL SUPPORT
200,000
UNIVERSITY OF WISCONSIN FOUNDATION
1848 UNIVERSITY AVE
MADISON
,
WI
53726
PUBLIC
GENERAL SUPPORT
50,000
WEST SIDE CAMPAIGN AGAINST HUNGER
263 W 86TH STREET
NY
,
NY
10024
PUBLIC
GENERAL SUPPORT
250,000
WESTERN STATES CENTER
PO BOX 40305
PORTLAND
,
OR
97240
PUBLIC
GENERAL SUPPORT
50,000
WORLD CENTRAL KITCHEN INC
200 MASSACHUSETTS AVE NW
WASHINGTON
,
DC
20001
PUBLIC
GENERAL SUPPORT
50,000
ZAMIR CHORAL FOUNDATION INC
475 RIVERSIDE DRIVE
NEW YORK
,
NY
10115
PUBLIC
GENERAL SUPPORT
209,000
ABRAHAM JOSHUA HESCHEL SCHOOL
20 WEST END AVENUE
NEW YORK
,
NY
10023
PUBLIC
GENERAL SUPPORT
425,000
ADVOCATES FOR CHILDREN OF NEW YORK INC
151 W 30TH ST 5TH FLOOR
NEW YORK
,
NY
10001
PUBLIC
GENERAL SUPPORT
75,000
ALBERT EINSTEIN COLLEGE OF MEDICINE
1300 MORRIS PARK AVENUE
BRONX
,
NY
10461
PUBLIC
GENERAL SUPPORT
230,000
Total
.................................
3a
24,897,117
b
Approved for future payment
Total
.................................
3b
0
Form
990-PF
(2021)
Page 12
Form 990-PF (2021)
Page
12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
14
3,405,546
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
4
Dividends and interest from securities
....
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
8
Gain or (loss) from sales of assets other than
inventory
............
18
-9,654,990
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
ADJUSTMENT - OTHER INVESTMENT INCOME
0
01
-1,360,860
0
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
0
-7,610,304
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
-7,610,304
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form
990-PF
(2021)
Page 13
Form 990-PF (2021)
Page
13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
2023-01-12
May the IRS discuss this return
with the preparer shown below?
See instructions.
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
MARC A AARONSON
Preparer's Signature
Date
Check if self-
employed
PTIN
P00023882
Firm's name
MARC A AARONSON CPA
Firm's EIN
Firm's address
112 BON AIR AVE
NEW ROCHELLE
,
NY
10804
Phone no.
(914) 450-6926
Form
990-PF
(2021)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description