Schwartz Family Foundation C/O Alan Schwartz Guggenheim Partners — Form 990PF, tax year 2018

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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
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
SCHWARTZ FAMILY FOUNDATION
C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
Number and street (or P.O. box number if mail is not delivered to street address)330 MADISON AVE 15TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10017
A Employer identification number

13-7138217
B Telephone number (see instructions)

(212) 901-9373
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$21,679,739J 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) 889,067
2 Check bullet.............
3 Interest on savings and temporary cash investments 9 9  
4 Dividends and interest from securities... 2,896,473 2,896,473  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,933,671
b Gross sales price for all assets on line 6a 8,921,991
7 Capital gain net income (from Part IV, line 2)... 1,933,671
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........ 5,719,220 4,830,153 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 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 17,250 11,500 0 5,750
c Other professional fees (attach schedule).... Click to see attachment 117,978 117,978 0 0
17 Interest............... 1,978,251 1,978,251 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 16,612 16,612 0 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 2,300,087 2,299,723 0 364
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,430,178 4,424,064 0 6,114
25 Contributions, gifts, grants paid....... 1,378,129 1,378,129
26 Total expenses and disbursements. Add lines 24 and 25 5,808,307 4,424,064 0 1,384,243
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -89,087
b Net investment income (if negative, enter -0-) 406,089
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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............. 30,458 186,039 186,039
2 Savings and temporary cash investments......... 916,768 3,321,386 3,321,386
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)....... 6,975,233 Click to see attachment6,493,543 6,715,108
c Investments—corporate bonds (attach schedule)....... 9,464,648 Click to see attachment8,660,790 7,512,880
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,042,863 Click to see attachment679,125 3,944,326
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) 19,429,970 19,340,883 21,679,739
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 SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 19,429,970 19,340,883
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 19,429,970 19,340,883
31 Total liabilities and net assets/fund balances (see instructions). 19,429,970 19,340,883
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 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
19,429,970
2
Enter amount from Part I, line 27a .....................
2
-89,087
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
19,340,883
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 30 .
6
19,340,883
Form 990-PF (2018)
Form 990-PF (2018)
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 SECURITIES      
b AMERICAN CAPITAL HOLDINGS LLC PASSTHROUGH P    
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 8,423,817   6,988,320 1,435,497
b 498,174     498,174
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       1,435,497
b       498,174
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 1,933,671
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))
2017 1,228,509 20,798,125 0.059068
2016 1,592,550 20,395,757 0.078082
2015 2,251,054 22,334,853 0.100787
2014 1,737,250 23,408,262 0.074215
2013 2,724,142 23,162,967 0.117608
2
Total of line 1, column (d) .....................
2
0.429760
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
0.085952
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
20,030,177
5
Multiply line 4 by line 3......................
5
1,721,634
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
4,061
7
Add lines 5 and 6........................
7
1,725,695
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,384,243
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 (2018)
Form 990-PF (2018)
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 8,122
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 8,122
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 8,122
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 16,933
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 16,933
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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 8,811
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet8,811 RefundedBullet 11 0
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)
    bulletNY
    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 2018 or the taxable year beginning in 2018? 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 (2018)
    Form 990-PF (2018)
    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 addressbulletN/A
    14
    The books are in care ofbulletALAN SCHWARTZ CO GUGGENHEIM PARTNE Telephone no.bullet (212) 901-9373

    Located atbullet330 MADISON AVENUE 15TH FLOORNEW YORKNY ZIP+4bullet10017
    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 2018, 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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    ALAN D SCHWARTZ TRUSTEE
    5.00     		0 0 0
    179 TACONIC ROAD
    GREENWICH,CT06831
    NANCY M SEAMAN TRUSTEE
    5.00     		0 0 0
    179 TACONIC ROAD
    GREENWICH,CT06831
    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 (2018)
    Form 990-PF (2018)
    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 THE FOUNDATION IS NOT INVOLVED WITH ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT BY CONTRIBUTION OTHER ORGANIZATIONS EXEMPT UNDER IRC SECTION 501(C)(3). 0
    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 NONE 0
    2 NONE 0
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    18,857,350
    b
    Average of monthly cash balances.......................
    1b
    1,477,855
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    20,335,205
    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
    20,335,205
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    305,028
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    20,030,177
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,001,509
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,001,509
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    8,122
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,122
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    993,387
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    993,387
    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
    993,387
    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
    1,384,243
    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
    1,384,243
    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
    1,384,243
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 993,387
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 1,651,030
    b From 2014...... 610,294
    c From 2015...... 1,163,323
    d From 2016...... 585,177
    e From 2017...... 188,603
    fTotal of lines 3a through e........ 4,198,427
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,384,243
    a Applied to 2017, 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 2018 distributable amount..... 993,387
    e Remaining amount distributed out of corpus 390,856
    5 Excess distributions carryover applied to 2018. 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 4,589,283
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		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 2013 not
    applied on line 5 or line 7 (see instructions) ...     		1,651,030
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		2,938,253
    10 Analysis of line 9:
    a Excess from 2014.... 610,294
    b Excess from 2015.... 1,163,323
    c Excess from 2016.... 585,177
    d Excess from 2017.... 188,603
    e Excess from 2018.... 390,856
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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).)
    ALAN D SCHWARTZ
    NANCY M SEAMAN
    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 (2018)
    Form 990-PF (2018)
    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
    AMFAR
    120 WALL STREET 13TH FLOOR
    NEW YORK,NY10005     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    BRIDGEPORT RESCUE MISSION
    1088 FAIRFIELD AVENUE
    BRIDGEPORT,CT06605     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 500
    BROWARD OUTREACH CENTER
    2159 NW 1ST COURT
    MIAMI,FL33127     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 2,500
    CARE (COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE INC)
    151 ELLIS STREET
    ATLANTA,GA30303     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 7,500
    CHILD MIND INSTITUTE
    101 E 56TH ST
    NEW YORK,NY10022     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 2,500
    CHILDRENS LEARNING CENTERS OF FAIRFIELD COUNTY
    64 PALMERS HILL ROAD
    STAMFORD,CT06902     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 2,000
    CLINTON HEALTH ACCESS INITIATIVE
    383 DORCHESTER AVE SUITE 400
    BOSTON,MA02127     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 250,000
    COLLEGE SPRING
    1333 BROADWAY SUITE 250
    OAKLAND,CA94612     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    COMMITTEE FOR A RESPONSIBLE FEDERAL BUDGET
    1900 M STREET
    WASHINGTON,DC20036     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    COMMITTEE FOR ECONOMIC DEVELOPMENT OF THE CONFERENCE BOARD
    1530 WILSON BLVD SUITE 400
    ARLINGTON,VA22209     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    CONNECTICUT FOOD BANK
    74 LINWOOD AVE
    FAIRFIELD,CT06824     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 2,000
    DREAM
    1528 CHAPALA ST SUITE 304
    SANTA BARBARA,CA93101     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    DUKE UNIVERSITY
    MAIN CAMPUS
    DURHAM,NC27708     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 50,000
    DUTCHESS OUTREACH INC
    29 N HAMILTON ST 1
    POUGHKEEPSIE,NY12601     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    EMILY KRZYZEWSKI CENTER
    904 W CHAPEL HILL ST
    DURHAM,NC27708     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    EXPLORING THE ARTS
    34-12 36TH ST SUITE 2-11
    ASTORIA,NY11106     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    FAIRWINDS - NANTUCKET'S COUNSELING CENTER
    20 VESPER LANE
    NANTUCKET,MA25554     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    GALLOPNYC
    88-03 70TH ROAD
    FOREST HILLS,NY11375     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    GARDEN OF DREAMS FOUNDATION
    2 PENNSYLVANIA PLAZA FL 14
    NEW YORK,NY10121     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 6,000
    GREATER NEW YORK COUNCIL-BOY SCOUTS
    350 FIFTH AVENUE SUITE 7820
    NEW YORK,NY10118     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 100,000
    HARLEM CHILDREN'S ZONE
    35 EAST 125TH STREET
    NEW YORK,NY10035     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    HARLEM VILLAGE ACADEMIES
    35 EAST 124TH STREET
    NEW YORK,NY10035     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    HELP USA
    PO BOX 816
    WILTON,CT06897     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 50,000
    INCARNATION CHILDREN'S CENTER
    142 AUDUBON AVENUE
    NEW YORK,NY10032     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    INTERNATIONAL CENTER FOR MISSING AND EXPLOTED CHILDREN
    2318 MILL RD SUITE 1010
    ALEXANDRIA,VA22314     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 20,000
    INTERNATIONAL JUSTICE MISSION
    PO BOX 58147
    WASHINGTON,DC20037     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 2,000
    INTERNATIONAL JUSTICE MISSION
    PO BOX 58147
    WASHINGTON,DC20037     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 20,000
    INTERNATIONAL RESCUE COMMITTEE
    122 EAST 42ND ST
    NEW YORK,NY10168     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    JAZZ FOUNDATION OF AMERICA
    322 WEST 48TH STREET 6TH FLOOR
    NEW YORK,NY10036     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 2,500
    KIDS HOME
    2750 SUTTERVILLE ROAD
    SACRAMENTO,CA95820     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    LEAD THE WAY FUND
    PO BOX 281
    MANHASSET,NY11030     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    LINCOLN CENTER FOR THE PERFORMING ARTS
    LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 50,000
    LUSTGARTEN FOUNDATION
    1111 STEWART AVENUE
    BETHPAGE,NY11714     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    MAKE A WISH FOUNDATION
    1702 E HIGHLAND AVE SUITE 400
    PHOENIX,AZ85016     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 500
    MENTOR PARTNERSHIP
    1680 DUKE STREET 2ND FLOOR
    ALEXANDRIA,VA22314     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    MUNICIPAL ART SOCIETY
    488 MADISON AVE SUITE 1900
    NEW YORK,NY10022     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    NANTUCKET BOOK FESTIVAL
    PO BOX 204
    NANTUCKET,MA02554     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    NANTUCKET COTTAGE HOSPITAL
    57 PROSPECT STREET
    NANTUCKET,MA02554     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    NANTUCKET GOLF CLUB FOUNDATION
    250 MILESTONE ROAD
    NANTUCKET,MA02564     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    NAVAL WAR COLLEGE FOUNDATION INC
    686 CUSHING RD
    NEWPORT,RI02841     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    NAVY SEAL WARRIOR FUND
    162 WEST 56TH STREET
    NEW YORK,NY10019     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 3,333
    NEW YORK CITY PARTNERSHIP FOUNDATION
    ONE BATTERY PARK PLAZA 5TH FLOOR
    NEW YORK,NY10004     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    NEW YORK PHILHARMONIC
    10 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    NUCLEAR THREAT INITIATIVE
    1776 EYE STREET NW SUITE 600
    WASHINGTON,DC20006     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 2,500
    ONE GOAL
    55 EXCHANGE PLACE
    NEW YORK,NY10005     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 50,000
    PACIFIC HOUSE
    597 PACIFIC ST 5814
    STAMFORD,CT06902     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    PATHNORTH
    1717 RHODE ISLAND AVENUE NW
    WASHINGTON,DC20036     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    PREP FOR PREP
    328 WEST 71ST ST
    NEW YORK,NY10023     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    PRISON FELLOWSHIP
    PO BOX 1550
    MERRIFIELD,VA22116     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 500
    REPRESENTUS EDUCATION FUND
    PO BOX 60008
    FLORENCE,MA01062     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 52,500
    ROBIN HOOD FOUNDATION
    826 BROADWAY 9TH FLOOR
    NEW YORK,NY10003     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 341,046
    SCENIC HUDSON INC
    ONE CIVIC CENTER PLAZA SUITE 200
    POUGHKEEPSIE,NY12601     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    SCHOOL FOR CHILDREN WITH HIDDEN INTELLIGENCE
    1001 AVENUE OF THE AMERICAS
    NEW YORK,NY10018     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 20,000
    STEPHEN SIILER TUNNEL TO TOWERS FOUNDATION
    2361 HYLAN BLVD
    STATEN ISLAND,NY10306     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    THE FOOD BANK OF LOWER FAIRFIELD COUNTY
    461 GLENBROOK RD
    STAMFORD,CT06906     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    THE GREENWICH SENTINEL FOUNDATION
    PO BOX 279
    GREENWICH,CT06836     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 250
    THE METROPOLITAN OPERA
    30 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    THE NANTUCKET SCHOLARSHIP FUND
    9B BAYBERRY COURT PO BOX 204
    NANTUCKET,MA02554     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 500
    THE ROCKEFELLER UNIVERSITY
    1230 YORK AVE
    NEW YORK,NY10065     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    THE UNITED SERVICE ORGANIZATION
    2111 WILSON BLVD
    ARLINGTON,CA22201     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    UJA FEDERATION OF NEW YORK
    130 EAST 59TH STREET
    NEW YORK,NY10022     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    UWC-USA
    STATE RTE 65
    MONTEZUMA,NM87731     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,500
    YESHIVA OF TELSHE ALUMNI
    4904 INDEPENDENCE AVE
    BRONX,NY10471     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 2,500
    YOUNG WOMEN'S LEADERSHIP NETWORK
    322 8TH AVE
    NEW YORK,NY10001     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 2,500
    YOUTH INC
    2801 M STREET NW
    WASHINGTON,DC20007     		NONE PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 35,000
    Total .................................bullet 3a 1,378,129
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 ...........     		    14 9  
    4 Dividends and interest from securities....     14 2,896,473  
    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 1,933,671  
    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 4,830,153 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,830,153
    (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 (2018)
    Form 990-PF (2018)
    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 (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    SCHWARTZ FAMILY FOUNDATION
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    Employer identification number

    13-7138217
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    SCHWARTZ FAMILY FOUNDATION
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS         		Employer identification number
    13-7138217
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    ALAN D SCHWARTZ
     
    179 TACONIC ROAD
     
    GREENWICH, CT06831

    		$ 889,067


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    SCHWARTZ FAMILY FOUNDATION
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS         		Employer identification number

    13-7138217
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 MARKETABLE SECURITIES $ 1,773,939 2018-12-28
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    SCHWARTZ FAMILY FOUNDATION
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS         		Employer identification number

    13-7138217
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 17,250 11,500 0 5,750

    TY 2018 AllOthProgRltdInvestmentsSch
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Category Amount
    NONE 0

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Name of Bond End of Year Book Value End of Year Fair Market Value
    210,000 ABBVIE INC 2.85% 206,806 202,352
    250,000 AT&T INC 3% 248,965 243,813
    250,000 BANK AMER CORP 5.7% 270,963 264,968
    175,000 BP CAP MKTS PLC 3.245% 178,791 173,483
    200,000 BURLINGTON RES INC 9.125% 232,356 230,360
    240,000 CANADIAN NAT RES 2.95% 241,236 229,402
    240,000 CONSTELLATION BRANDS INC 4.25% 253,309 242,638
    240,000 CONSTELLATION ENERGY GROUP INC 5.15% 249,365 245,268
    250,000 CVS HEALTH CORP 2.8% 250,146 247,745
    225,000 DOMINION GAS HLDGS 2.8% 226,236 221,661
    250,000 DOW CHEM CO 4.25% 255,736 254,445
    250,000 ECOLAB INC 4.35% 210,596 206,505
    255,000 ENCANA CORP 6.5% 258,768 257,621
    200,000 ENTERGY TEX INC 7.125% 200,885 200,552
    235,000 GENERAL ELEC CAP CORP 6% 240,042 237,531
    235,000 GENERAL MTRS FINL CO INC 3.5% 235,500 234,965
    230,000 GOLDMAN SACHS GROUP INC 2.55% 230,647 228,546
    250,000 HEWLETT PACKARD CO NTS 3.75% 253,636 252,988
    325,000 KINDER MORGAN ENERGY PARTNERS LP 5.3% 336,770 333,788
    250,000 KRAFT FOODS GROUP INC 5.375% 257,228 255,713
    220,000 MCDONALDS CORP 2.625% 219,714 215,558
    245,000 MORGAN STANLEY 5.625% 250,066 248,626
    235,000 NEWELL BRANDS INC 3.85% 241,170 231,557
    150,000 NORFOLD SOUTHERN CORP 539% 152,208 151,601
    250,000 RAYTHEON CO 4.4% 255,398 253,723
    200,000 SHELL INTL FIN 2.375% 193,880 194,982
    325,000 SOUTHERN CO 2.95% 333,322 313,853
    355,000 TEVA PHARMACEUTICAL 2.95% 333,070 313,948
    150,000 VERIZON COMMUNICATIONS INC 5.15% 164,198 159,654
    250,000 VOLKSWAGEN INTERNATIONAL 4.0% 250,411 251,613
    215,000 WALGREENS BOOTS ALLIANCE 3.3% 220,494 214,011
    200,000 WELLS FARGO & CO 2.125% 199,149 199,410
    1,000,000 WASHINGTON MUTUAL BANK 5.65% 1,009,729 0

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1,250 HOME DEPOT INC COMMON 129,750 214,775
    1,126 DELL TECHNOLOGIES INC 53,631 89,870
    2,500 JP MORGAN CHASE & CO COMMON 139,050 244,050
    7,860 AT&T INC 254,690 224,324
    4,139 ABBOTT LABS 277,928 299,374
    4,044 AMERICAN INTERNATIONAL GROUP INC 200,816 159,374
    1,714 AMGEN INC 272,369 333,664
    13,524 BANK OF AMERICA CORP 387,277 333,231
    521 BLACKROCK INC 154,628 204,659
    893 BOWING CO 309,763 287,993
    10,054 CANADIAN NATURAL RES LTD 315,816 242,603
    2,059 CHEVRON CORP 261,546 223,999
    5,383 CISCO SYSTEMS INC 239,596 233,245
    5,877 CITIGROUP INC 373,541 305,967
    2,557 DOWDUPONT INC 176,007 136,748
    5,696 GENERAL MILLS INC 255,124 221,802
    4,212 GILEAD SCIENCES INC 317,359 263,461
    3,538 INTEL CORP 98,532 166,068
    1,350 JOHNSON & JOHNSON 187,933 174,216
    1,438 L3 COMMUNICATIONS HLDGS 222,781 249,723
    1,039 LOCKHEED MARTIN CORP 242,518 272,052
    4,459 MICROSOFT CORP 195,332 452,901
    1,703 PROCTOR & GAMBLE CO 158,082 156,540
    4,985 ROYAL DUTCH SHELL PLC 236,359 298,801
    1,816 STANLEY BLACK & DECKER INC 251,946 217,448
    1,223 3M CO 240,040 233,030
    3,005 US BANCORP 125,671 137,329
    3,173 UNITED TECHNOLOGIES CORP 415,458 337,861

    TY 2018 InvestmentsOtherSchedule2
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMERICAN CAPITAL HOLDINGS LP INTEREST AT COST 679,125 3,944,326

    TY 2018 OtherExpensesSchedule
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 546 182 0 364
    AMERICAN CAPITAL HOLDINGS LLC INVESTMENT LOSS 2,299,541 2,299,541 0 0


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVISORY FEES 117,978 117,978 0 0


    TY 2018 TaxesSchedule
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID ON INVESTMENTS 16,612 16,612 0 0