Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 12-01-2017 , and ending 11-30-2018
Name of foundation
NAZARIAN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)C/O EVEREST 720 E PALISADE AVE 103
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ENGLEWOOD CLIFFS, NJ07632
A Employer identification number

11-2889824
B Telephone number (see instructions)

(201) 408-5227
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$9,391,506J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 174,188 174,188  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 235,960
b Gross sales price for all assets on line 6a 719,654
7 Capital gain net income (from Part IV, line 2)... 235,960
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 410,148 410,148  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 17,000 8,500   8,500
c Other professional fees (attach schedule).... Click to see attachment 51,033 51,033   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 14,315 1,867   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 883 883   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 83,231 62,283   8,500
25 Contributions, gifts, grants paid....... 659,150 659,150
26 Total expenses and disbursements. Add lines 24 and 25 742,381 62,283   667,650
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -332,233
b Net investment income (if negative, enter -0-) 347,865
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 16,710 47,229 47,229
2 Savings and temporary cash investments......... 72,807 105,643 105,643
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 7,060,417 Click to see attachment6,664,829 9,238,634
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,149,934 6,817,701 9,391,506
Liabilities 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 bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 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 7,149,934 6,817,701
29 Total net assets or fund balances (see instructions)..... 7,149,934 6,817,701
30 Total liabilities and net assets/fund balances (see instructions). 7,149,934 6,817,701
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
7,149,934
2
Enter amount from Part I, line 27a .....................
2
-332,233
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,817,701
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,817,701
Form 990-PF (2019)
Form 990-PF (2019)
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 PUBLICLY TRADED MUTUAL FUNDS - CAP GAIN DISTRIB      
b PUBLICLY TRADED SECURITIES - LONG TERM      
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 29,774     29,774
b 689,880   483,694 206,186
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       29,774
b       206,186
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 235,960
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2018 587,670 9,022,844 0.065131
2017 526,650 8,129,355 0.064784
2016 475,700 8,705,440 0.054644
2015 427,800 8,532,309 0.050139
2014 1,558,139 8,185,238 0.190360
2
Total of line 1, column (d) .....................
2
0.425058
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.085012
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
9,726,164
5
Multiply line 4 by line 3......................
5
826,841
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,479
7
Add lines 5 and 6........................
7
830,320
8
Enter qualifying distributions from Part XII, line 4,.............
8
667,650
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2019)
Form 990-PF (2019)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 6,957
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 6,957
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 6,957
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 6,309
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,309
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 125
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 773
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    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 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletNONE
    14
    The books are in care ofbulletNAZAR NAZARIAN Telephone no.bullet (201) 408-5227

    Located atbullet147 DEMAREST AVENUEENGLEWOOD CLIFFSNJ ZIP+4bullet076321923
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2019?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2019 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 2019.)..................
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    NAZAR NAZARIAN DIRECTOR
    5.00     		0 0 0
    147 DEMAREST AVENUE
    ENGLEWOOD CLIFFS,NJ07632
    ARTEMIS NAZARIAN DIRECTOR
    5.00     		0 0 0
    147 DEMAREST AVENUE
    ENGLEWOOD CLIFFS,NJ07632
    SETA NAZARIAN DIRECTOR
    5.00     		0 0 0
    147 DEMAREST AVENUE
    ENGLEWOOD CLIFFS,NJ07632
    LEVON NAZARIAN DIRECTOR
    5.00     		0 0 0
    147 DEMAREST AVENUE
    ENGLEWOOD CLIFFS,NJ07632
    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
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    9,740,521
    b
    Average of monthly cash balances.......................
    1b
    133,757
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,874,278
    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
    9,874,278
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    148,114
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,726,164
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    486,308
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    486,308
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    6,957
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,957
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    479,351
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    479,351
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    479,351
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    667,650
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    667,650
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    667,650
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 479,351
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 1,166,099
    b From 2015...... 14,201
    c From 2016...... 66,772
    d From 2017...... 126,454
    e From 2018...... 145,128
    fTotal of lines 3a through e........ 1,518,654
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 667,650
    a Applied to 2018, 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 2019 distributable amount..... 479,351
    e Remaining amount distributed out of corpus 188,299
    5 Excess distributions carryover applied to 2019. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,706,953
    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 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		1,166,099
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		540,854
    10 Analysis of line 9:
    a Excess from 2015.... 14,201
    b Excess from 2016.... 66,772
    c Excess from 2017.... 126,454
    d Excess from 2018.... 145,128
    e Excess from 2019.... 188,299
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2019, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2019 (b) 2018 (c) 2017 (d) 2016
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NAZAR NAZARIAN
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AARP FOUNDATION
    PO BOX 93207
    LONG BEACH,CA908093207     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 50
    ARMENIAN GENERAL BENEVOLENT UNION
    55 EAST 59TH STREET
    NEW YORK,NY10022     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 16,000
    ARMENIAN MISSIONARY ASSOCIATION OF AMERICA
    31 W CENTURY ROAD
    PARAMUS,NJ07652     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 1,000
    BERGEN COMMUNITY COLLEGE FOUNDATION
    400 PARAMUS ROAD
    PARAMUS,NJ07652     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 10,000
    CAMPAIGN TO KEEP GUNS OFF CAMPUS
    PO BOX 658
    CROTON FALLS,NY10519     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 2,500
    CLARK UNIVERSITY
    950 MAIN STREET
    WORCESTER,MA01610     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 30,000
    DIOCESE OF THE ARMENIAN CHURCH OF AMERICA
    630 SECOND AVENUE
    NEW YORK,NY10016     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 185,600
    DIRECT HELP TO ARMENIAN PEOPLE
    2213 60TH STREET
    BROOKLYN,NY11204     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 5,000
    EAST WEST INSTITUTE
    155 EAST 44TH STREET SUITE 1105
    NEW YORK,NY10017     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 15,000
    FUND FOR ARMENIAN RELIEF
    630 SECOND AVENUE
    NEW YORK,NY10016     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 100,000
    GIFT OF LIFE MARROW REGISTRY
    5901 BROKEN SOUND PKWY NW SUITE 600
    BOCA RATON,FL33487     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 1,000
    HOLY MARTYRS ARMENIAN DAY SCHOOL
    20915 HORACE HARDING EXPRESSWAY
    OAKLAND GARDENS,NY11364     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 500
    KNIGHTS & DAUGHTERS OF VARTAN
    390 PALISADES AVENUE
    BOGOTA,NJ076031121     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 16,000
    LINK EDUCATION PARTNERS
    23 PENNSYLVANIA AVENUE
    NEWARK,NJ07114     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 21,000
    METROPOLITAN MUSEUM OF ART
    1000 5TH AVE
    NEW YORK,NY10028     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 70,000
    NATIONAL ENDOWMENT FOR DEMOCRACY
    1025 F STREET NW SUITE 800
    WASHINGTON,DC20004     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 5,000
    NEW DOCTA
    25 W 64TH STREET - APT D
    NEW YORK,NY10023     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 5,000
    NOR OR PUBLISHING ASSOCIATION
    1901 ALLEN AVENUE
    ALTADENA,CA910013421     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 30,000
    PAN-MASS CHALLENGE
    77 4TH AVENUE
    NEEDHAM,MA02494     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 500
    ST JUDE'S CHILDREN RESEARCH HOSPITAL
    501 ST JUDE PLACE
    MEMPHIS,TN38105     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 2,500
    ST LEON ARMENIAN CHURCH
    12-61 SADDLE RIVER ROAD
    FAIR LAWN,NJ07410     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 5,000
    ST THOMAS ARMENIAN CHURCH
    ROUTE 9W EAST CLINTON AVENUE - PO
    BOX 53
    TENAFLY,NJ07670     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 500
    TEKEYAN CULTURAL ASSOCIATION
    755 MOUNT AUBURN STREET
    WATERTOWN,MA02472     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 55,000
    TEXAS EXTENSION EDUCATION FOUNDATION INC
    PO BOX 946
    COLLEGE STATION,TX77843     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 10,000
    THE ARMENIAN NURSING AND REHABILITATION CENTER
    70 MAIN ST
    EMERSON,NJ07630     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 2,000
    THE WOMANS CLUB OF ENGLEWOOD
    187 BRINCKERHOFF COURT
    ENGLEWOOD,NJ07631     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 7,000
    VERNON AVENUE PROJECT INC
    442 LORIMER ST STE D 309
    BROOKLYN,NY11206     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 1,000
    WELLS MOUNTAIN FOUNDATION INC
    25D MAIN STREET
    BRISTOL,VT05443     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 5,000
    WESLEYAN UNIVERSITY
    WESLEYAN STATION
    MIDDLETOWN,CT06459     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 32,000
    ZORYAN INSTITUTE FOR CONTEMP ARMEN RESEARCH & DOCUMEN INC
    7 CENTRAL ST SUITE 202
    ARLINGTON,MA02476     		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 25,000
    Total .................................bullet 3a 659,150
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 174,188  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 235,960  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 410,148 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    410,148
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2017 AccountingFeesSchedule
    Name:
    NAZARIAN FAMILY FOUNDATION
    EIN:
    11-2889824
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MARKS PANETH LLP 17,000 8,500   8,500

    TY 2017 InvestmentsCorpStockSchedule
    Name:
    NAZARIAN FAMILY FOUNDATION
    EIN:
    11-2889824
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS - 712 SHARES 27,318 52,724
    ABBVIE INC - 661 SHARES 35,932 62,312
    ADOBE INC - 352 SHARES 18,136 88,313
    ALPHABET INC - 100 SHARES 62,566 109,443
    ALPHABET INC - 417 SHARES 219,822 462,724
    AMAZON COM INC - 195 SHARES 171,458 329,583
    AMERICAN EXPRESS CO - 1,700 SHARES 129,941 190,859
    AMGEN INC - 87 SHARES 10,065 18,118
    APPLE INC - 2,931 SHARES 301,667 523,418
    BANK AMER CORP - 9,350 SHARES 152,835 265,540
    BIOGEN IDEC INC - 63 SHARES 17,865 21,024
    BRISTOL MYERS SQUIBB CO - 565 SHARES 19,347 30,205
    BROADCOM INC- 380 SHARES 18,908 90,216
    CATERPILLAR INC - 1,568 SHARES 128,054 212,731
    CELGENE CORP - 255 SHARES 26,277 18,416
    CHEVRON CORP - 2,300 SHARES 251,662 273,562
    CITIGROUP INC - 3,400 SHARES 192,487 220,286
    DISNEY WALT CO - 207 SHARES 8,236 23,906
    FACEBOOK INC - 427 SHARES 21,841 60,041
    FEDEX CORP - 1,250 SHARES 212,977 286,250
    GILEAD SCIENCES INC - 333 SHARES 7,076 23,956
    HALLIBURTON CO - 436 SHARES 17,308 13,704
    HCA HLDGS INC - 258 SHARES 14,132 37,149
    HOME DEPOT INC - 325 SHARES 13,971 58,604
    HONEYWELL INTL INC - 387 SHARES 20,325 56,792
    INTERCONTINENTAL EXCHANGE INC - 795 SHARES 21,053 64,967
    J P MORGAN CHASE & CO - 2,260 SHARES 120,329 251,289
    LAM RESEARCH CORP - 361 SHARES 26,313 56,663
    LOWES COS INC - 1,950 SHARES 141,246 184,022
    MERCK & CO INC - 595 SHARES 27,601 47,207
    MONSTER BEVERAGE CORP - 1,098 SHARES 25,249 65,529
    PEPSICO INC - 1,604 SHARES 144,857 195,592
    PNC FINL SVCS GROUP INC - 490 SHARES 28,880 66,532
    SALESFORCE COM INC - 588 SHARES 16,936 83,943
    SCHLUMBERGER LTD - 3,012 SHARES 212,393 135,841
    SELECT SECTOR SPDR TR ENERGY - 800 SHARES 64,117 52,888
    STATE STR CORP - 600 SHARES 24,928 43,812
    TE CONNECTIVITY LTD - 407 SHARES 24,126 31,311
    THERMO FISHER SCIENTIFIC CORP - 1,347 SHARES 173,568 336,144
    UNION PAC CORP - 1,732 SHARES 178,752 266,347
    UNITED TECHNOLOGIES CORP - 1,160 SHARES 121,573 141,334
    VALERO ENERGY CORP NEW - 300 SHARES 5,494 23,970
    WALGREENS BOOTS ALLIANCE INC - 2,350 SHARES 180,656 198,975
    AFFILIATED MANAGERS GROUP - 600 SHARES 119,275 66,672
    APERGY CORP - 218 SHARES 4,895 7,473
    CINEMARK HLDGS INC - 3,700 SHARES 135,855 141,969
    DOVER CORP - 437 SHARES 18,884 37,097
    HELMERICH & PAYNE INC - 2,300 SHARES 131,907 139,380
    INTERNATIONAL FLAVORS & FRAGRANC - 1,700 SHARES 184,634 240,771
    INVESCO LTD - 480 SHARES 9,959 9,768
    JACOBS ENGR GROUP INC DEL - 3,250 SHARES 139,832 213,428
    SPDR OIL & GAS EQUIPMENT & SVCS ETF - 4,000 SHARES 81,615 47,440
    ALPHAONE MICRO CAP EQUITY FUND - 9,121 SHARES 125,000 120,494
    LONGLEAF PARTNERS SM CAP FD - 5,694 SHARES 175,000 143,824
    RESIDEO TECHNOLOGIES - 65 SHARES 611 1,331
    VANGUARD HORIZON FDS STRATEGIC - 5,514 SHARES 175,000 196,729
    ACCENTURE PLC - 1,460 SHARES 134,100 240,199
    ALLERGAN PLC - 119 SHARES 17,137 18,635
    ANHEUSER BUSCH INBEV SA/NV - 228 SHARES 24,540 17,526
    EATON CORP PLC - 380 SHARES 16,270 29,237
    INGERSOLL-RAND CO LTD - 657 SHARES 25,927 68,013
    ISHARES CORE MSCI EAFE - 2,000 SHARES 120,465 117,960
    LINDE PLC - 1,000 - SHARES 126,056 159,050
    MEDTRONIC PLC - 1,450 SHARES 112,762 141,419
    MUTUAL SER FUND INC - 8,683 SHARES 199,213 272,028
    OAKMARK INTL FUND ADVISOR CL - 10,616 SHARES 250,000 247,357
    CHECKPOINT SOFTWARE TECH LTD - 2,325 SHARES 196,432 259,958
    ISHARES CHINA LARGE-CAP ETF - 3,550 SHARES 162,399 149,171
    ISHARES CORE MSCI EMERGING MKTS - 3,500 SHARES 138,784 173,145
    MATTHEW INTL FINDS PAC TIGER FUND - 7,057 SHARES 200,000 202,318

    TY 2017 OtherExpensesSchedule
    Name:
    NAZARIAN FAMILY FOUNDATION
    EIN:
    11-2889824
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 883 883   0


    TY 2017 OtherProfessionalFeesSchedule
    Name:
    NAZARIAN FAMILY FOUNDATION
    EIN:
    11-2889824
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES TO U.S. TRUST 51,033 51,033   0


    TY 2017 TaxesSchedule
    Name:
    NAZARIAN FAMILY FOUNDATION
    EIN:
    11-2889824
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES WITHHELD 1,867 1,867   0
    FEDERAL TAX 12,448 0   0