-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
THE GARY AND PENNIE ABRAMSON CHARITABLE
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)
2000 TOWER OAKS BLVD - NINTH FLOOR
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ROCKVILLE
,
MD
208524282
A Employer identification number
52-2102799
B
Telephone number (see instructions)
(301) 984-7000
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
56,227,464
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
739,973
739,973
4
Dividends and interest from securities
...
637,737
637,737
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
497,762
b
Gross sales price for all assets on line 6a
5,965,294
7
Capital gain net income (from Part IV, line 2)
...
497,762
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)
.......
4,419
4,419
12
Total.
Add lines 1 through 11
........
1,879,891
1,879,891
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)
.......
c
Other professional fees (attach schedule)
....
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
29,526
8,969
0
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
113,893
113,893
0
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
143,419
122,862
0
25
Contributions, gifts, grants paid
.......
2,187,921
2,187,921
26
Total expenses and disbursements.
Add lines 24 and 25
2,331,340
122,862
2,187,921
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-451,449
b
Net investment income
(if negative, enter -0-)
1,757,029
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
1
Cash—non-interest-bearing
.............
898,114
780,187
780,187
2
Savings and temporary cash investments
.........
3
Accounts receivable
5,368
Less: allowance for doubtful accounts
131,959
5,368
5,368
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
30,801,310
29,790,247
29,790,247
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
19,087,451
19,941,169
25,181,459
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
583,605
534,019
470,203
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
51,502,439
51,050,990
56,227,464
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
.........
0
0
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
44,802,833
44,802,833
27
Paid-in or capital surplus, or land, bldg., and equipment fund
0
0
28
Retained earnings, accumulated income, endowment, or other funds
6,699,606
6,248,157
29
Total net assets or fund balances
(see instructions)
.....
51,502,439
51,050,990
30
Total liabilities and net assets/fund balances
(see instructions)
.
51,502,439
51,050,990
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
51,502,439
2
Enter amount from Part I, line 27a
.....................
2
-451,449
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
51,050,990
5
Decreases not included in line 2 (itemize)
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
51,050,990
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 SECURITIES
b
LT CAPITAL GAIN DISTRIBUTION
P
c
LT GAIN/LOSS FROM FLOW THROUGH INVESTMENTS
P
d
ST GAIN/LOSS FROM FLOW THROUGH INVESTMENTS
P
e
GAIN FROM MADDOFF INVESTMENT
P
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
5,896,111
5,467,532
428,579
b
41,490
41,490
c
402
402
d
1
1
e
27,290
27,290
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
428,579
b
41,490
c
402
d
1
e
27,290
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
497,762
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
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?
Yes
No
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
1,984,247
54,658,717
0.036302
2017
1,754,237
54,850,601
0.031982
2016
1,547,587
49,033,581
0.031562
2015
2,387,570
46,818,997
0.050996
2014
1,876,830
47,062,294
0.039880
2
Total
of line 1, column (d)
.....................
2
0.190722
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
0.038144
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
54,313,999
5
Multiply line 4 by line 3
......................
5
2,071,753
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
17,570
7
Add lines 5 and 6
........................
7
2,089,323
8
Enter qualifying distributions from Part XII, line 4
,.............
8
2,187,921
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
and enter “N/A" on line 1.
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
17,570
here
and 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
17,570
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
17,570
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
30,554
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
20,000
d
Backup withholding erroneously withheld
...........
6d
0
7
Total credits and payments. Add lines 6a through 6d
..............
7
50,554
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
32,984
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
32,984
Refunded
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.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
Yes
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
Yes
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)
MD
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 address
N/A
14
The books are in care of
SUSAN RESUTEK
Telephone no.
(301) 984-7000
Located at
2000 TOWER OAKS BLVD 9TH FLOOR
ROCKVILLE
MD
ZIP+4
208524282
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Part 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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
...............
Yes
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
.......
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
........
1b
Organizations relying on a current notice regarding disaster assistance check here
........
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?
.............
Yes
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
......................
Yes
No
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))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
b
If any answer is "Yes" to 5a(1)–(5), did
any
of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions
......
5b
No
Organizations relying on a current notice regarding disaster assistance check here
.........
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?
..........
Yes
No
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?
.....................
Yes
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
Yes
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.................
Yes
No
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
GARY M ABRAMSON
TRUSTEE-PART
2.00
0
0
0
2000 TOWEROAKS BLVD 9TH FLOOR
ROCKVILLE
,
MD
20852
PENNIE M ABRAMSON
TRUSTEE-PART
1.00
0
0
0
2000 TOWEROAKS BLVD 9TH FLOOR
ROCKVILLE
,
MD
20852
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
...................
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
.............
0
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
.........................
0
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
23,529,211
b
Average of monthly cash balances
.......................
1b
741,210
c
Fair market value of all other assets (see instructions)
................
1c
30,870,695
d
Total
(add lines 1a, b, and c)
.........................
1d
55,141,116
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
55,141,116
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
827,117
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
54,313,999
6
Minimum investment return.
Enter 5% of line 5
..................
6
2,715,700
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
2,715,700
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
17,570
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
26
c
Add lines 2a and 2b
............................
2c
17,596
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
2,698,104
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
2,698,104
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
2,698,104
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
2,187,921
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
2,187,921
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
17,570
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
2,170,351
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
2,698,104
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
......
b
From 2015
......
565,961
c
From 2016
......
414,646
d
From 2017
......
e
From 2018
......
f
Total
of lines 3a through e
........
980,607
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
2,187,921
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
.....
2,187,921
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2019.
510,183
510,183
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
470,424
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)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
470,424
10
Analysis of line 9:
a
Excess from 2015
....
55,778
b
Excess from 2016
....
414,646
c
Excess from 2017
....
d
Excess from 2018
....
e
Excess from 2019
....
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
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part 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.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
GARY M ABRAMSON
PENNIE M ABRAMSON
b
List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(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)
a
Paid during the year
SIXTH & I SYNAGOGUE
600 I ST NW
WASHINGTON
,
DC
20001
PC
UNRESTRICTED FUNDS
10,000
ACTIVE MINDS
2001 S STREET NW SUITE 630
WASHINGTON
,
DC
20009
PC
UNRESTRICTED FUNDS
2,500
AISH DC
11418 OLD GEORGETOWN ROAD
NORTH BETHESDA
,
MD
20852
PC
UNRESTRICTED FUNDS
30,000
ALEF BET MONTESORRI SCHOOL
7300 WHITTIER BLVD
BETHESDA
,
MD
20817
PC
UNRESTRICTED FUNDS
20,000
ALS ASSOCIATION DCMDVA CHAPTER
7507 STANDISH PLACE
ROCKVILLE
,
MD
20855
PC
UNRESTRICTED FUNDS
7,867
ALZHEIMER'S ASSOCIATION
8180 GREENSBORO DRIVE 400
MCLEAN
,
VA
22101
PC
UNRESTRICTED FUNDS
2,500
ALZHEIMER'S DRUG DISCOVERY FOUNDATION
57 WEST 57TH STREET SUITE 904
NEW YORK
,
NY
10019
PC
UNRESTRICTED FUNDS
10,000
AM COMMITTEE FOR THE WEIZMANN INST OF SCIENCE
633 3RD AVENUE 20TH FL
NEW YORK
,
NY
10017
PC
UNRESTRICTED FUNDS
385,000
AMERICAN FRIENDS OF GALILEE MEDICAL CENTER
315 MADISON AVENUE
NEW YORK
,
NY
10017
PC
UNRESTRICTED FUNDS
25,000
AMERICAN ISRAEL EDUCATION FOUNDATION
215 H STEERT NW
WASHINGTON
,
DC
20001
PC
UNRESTRICTED FUNDS
75,000
AMERICAN UNIVERSITY
PO BOX 96609
WASHINGTON
,
DC
20090
PC
UNRESTRICTED FUNDS
300,000
AMERICAN UNIVERSITY HILLEL
4400 MASS AVENUE NW
WASHINGTON
,
DC
20016
PC
UNRESTRICTED FUNDS
25,000
ANTI-DEFAMATION LEAGUE
1100 CONNECTICUT AVENUE NW SUITE
1020
WASHINGTON
,
DC
20036
PC
UNRESTRICTED FUNDS
5,000
BAIS HAMEDRASH & MESIVTA OF BALTIMORE
6823 OLD PIMLICO RD
BALTIMORE
,
MD
21209
PC
UNRESTRICTED FUNDS
5,000
BENDER JCC OF GREATER WASHINGON
6125 MONTROSE ROAD
ROCKVILLE
,
MD
20852
PC
UNRESTRICTED FUNDS
600
BEST BUDDIES INTERNATIONAL
100 SOUTHEAST SECOND STREET SUITE
200
MIAMI
,
FL
33131
PC
UNRESTRICTED FUNDS
10,000
BIRTHRIGHT ISREAL FOUNDATION
711 3RD AVE 10TH FLOOR
NEW YORK
,
NY
10017
PC
UNRESTRICTED FUNDS
5,000
BREM FOUNDATION TO DEFEAT BREAST CANCER
8720 GEORGIA AVENUE SUITE 302
SILVER SPRING
,
MD
20910
PC
UNRESTRICTED FUNDS
10,000
BUONICONTI FOUNDATION TO CURE PARALYSIS
1095 NW 14TH TERRACE
MIAMI
,
FL
33136
PC
UNRESTRICTED FUNDS
25,000
CABIN JOHN PARK VOLUNTEER FIRE DEPARTMENT
8001 RIVER RD
BETHESDA
,
MD
208172705
PC
UNRESTRICTED FUNDS
1,500
CASEY CARES FOUNDATION
3918 VERO ROAD SUITE C
BALTIMORE
,
MD
21227
PC
UNRESTRICTED FUNDS
1,000
CENTER FOR INSPIRED TEACHING
1436 U STREET NW SUITE 400
WASHINGTON
,
DC
20009
PC
UNRESTRICTED FUNDS
1,000
CENTER FOR ISRAEL STUDIES
4400 MASS AVENUE NW
WASHINGTON
,
DC
200168180
PC
UNRESTRICTED FUNDS
25,000
CEREBRAL PALSY FOUNDATION
3 COLUMBUS CIRCLE 15TH FLOOR
NEW YORK
,
NY
10019
PC
UNRESTRICTED FUNDS
10,000
CHABAD LUBAVITCH OF MD
11621 SEVEN LOCKS ROAD
POTOMAC
,
MD
20854
PC
UNRESTRICTED FUNDS
15,000
CHABAD LUBAVITCH OF THE AU COMMUNITY
3040 IDAHO AVE NW 717
WASHINGTON
,
DC
20016
PC
UNRESTRICTED FUNDS
5,000
CHABAD OF OLNEY
17320 GEORGIA AVE
OLNEY
,
MD
20832
PC
UNRESTRICTED FUNDS
1,000
CHARLES E SMITH LIFE COMMUNITIES
6121 MONTROSE ROAD
ROCKVILLE
,
MD
20852
PC
UNRESTRICTED FUNDS
2,500
CHESAPEAKE BAY FOUNDATION
6 HERNDON AVENUE
ANNAPOLIS
,
MD
21403
PC
UNRESTRICTED FUNDS
4,167
CHILDREN'S HOSPITAL FOUNDATION
801 ROEDER RD 300
SILVER SPRING
,
MD
20910
PC
UNRESTRICTED FUNDS
15,000
CITY YEAR INC - WASHINGTON DC
1875 CONNECTICUT AVENUE NW SUITE
414
WASHINGTON
,
DC
20009
PC
UNRESTRICTED FUNDS
15,000
CLEVELAND CLINIC FOUNDATION
9500 EUCLID AVENUE/DV3
CLEVELAND
,
OH
44195
PC
UNRESTRICTED FUNDS
50,000
COLOMBIA LIGHTHOUSE FOR THE BLIND
1825 K STREET NW SUITE 1103
WASHINGTON
,
DC
20006
PC
UNRESTRICTED FUNDS
1,667
CONCUSSION LEGACY FOUNDATION
361 NEWBURY STREET 5TH FLOOR
BOSTON
,
MA
02115
PC
UNRESTRICTED FUNDS
1,500
CONGREGATION B'NAI TZEDEK
10621 SOUTH GLEN ROAD
POTOMAC
,
MD
20854
PC
UNRESTRICTED FUNDS
77,500
CORNERSTONE MONTGOMERY
THE TAFT COURT CENTER 2 TAFT COURT
SUITE 200
ROCKVILLE
,
MD
20850
PC
UNRESTRICTED FUNDS
450
DC COLLEGE ACCESS PROGRAM
1400 L STREET NW SUITE 400
WASHINGTON
,
DC
20005
PC
UNRESTRICTED FUNDS
33,333
DRIVEN TO CURE INC
8601 GEORGIA AVE
SILVER SPRING
,
MD
20910
PC
UNRESTRICTED FUNDS
1,000
ELIJAH CUMMINGS YOUTH PROGRAM IN ISRAEL
5750 PARK HEIGHTS AVENUE
BALTIMORE
,
MD
21215
PC
UNRESTRICTED FUNDS
1,000
FAMILY EQUALITY COUNCIL
475 PARK AVENUE SOUTH SUITE 2100
NEW YORK
,
NY
10016
PC
UNRESTRICTED FUNDS
5,000
FISHER ISLAND PHILANTHROPIC FUND
3250 SOUTHWEST THIRD AVENUE
MIAMI
,
FL
33219
PC
UNRESTRICTED FUNDS
25,000
FOOD FOR THE POOR
6401 LYONS ROAD
COCONUT CREEK
,
FL
33073
PC
UNRESTRICTED FUNDS
3,000
FOUNDATION FOR THE DEFENSE OF DEMOCRACIES
PO BOX 33249
WASHINGTON
,
DC
20033
PC
UNRESTRICTED FUNDS
10,000
FRACTURED ATLAS
228 PARK AVENUE SOUTH 56651
NEW YORK
,
NY
100031502
PC
UNRESTRICTED FUNDS
1,000
FRIENDS OF CANCER RESEARCH
1800 M STREET NW 1050 SOUTH
WASHINGTON
,
DC
20036
PC
UNRESTRICTED FUNDS
25,000
FRIENDS OF ISRAELI DEFENSE FORCES
POBOX 395
STEVENSON
,
MD
21153
PC
UNRESTRICTED FUNDS
5,000
FRIENDS OF THE IDG MID-ATLANTIC REGION
PO BOX 4224
NEW YORK
,
NY
10163
PC
UNRESTRICTED FUNDS
1,000
GOLDEN NETWORK
PO BOX 10995
SILVER SPRING
,
MD
20914
PC
UNRESTRICTED FUNDS
3,000
HARBOR SCHOOL
7701 BRADLEY BLVD
BETHESDA
,
MD
20817
PC
UNRESTRICTED FUNDS
5,000
HASBARA FELLOWSHIPS
315 WEST 36TH STREET 5061
NEW YORK
,
NY
10018
PC
UNRESTRICTED FUNDS
36,000
HEIFETZ INTERNATIONAL MUSIC INSTITUTE
107 EAST BEVERLEY ST
STAUNTON
,
VA
24401
PC
UNRESTRICTED FUNDS
25,000
IMAGINATION STAGE
4908 AUBURN AVE
BETHESDA
,
MD
20814
PC
UNRESTRICTED FUNDS
2,500
ISRAEL GUIDE DOG CENTER FOR THE BLIND
968 EASTON ROAD SUITE H
WARRINGTON
,
PA
18976
PC
UNRESTRICTED FUNDS
25,000
JDRF
200 VESEY STREET 28TH FLOOR
NEW YORK
,
NY
10281
PC
UNRESTRICTED FUNDS
1,667
JEWISH COALITION AGAINST DOMESTIC ABUSE
143 ROLLINS AVE
ROCKVILLE
,
MD
20847
PC
UNRESTRICTED FUNDS
1,500
JEWISH COMMUNITY RELATIONS COUNCIL OF GW
6101 MONTROSE ROAD 205
ROCKVILLE
,
MD
20852
PC
UNRESTRICTED FUNDS
25,000
JEWISH FEDERATION OF GREATER WASHINGON
6101 EXECUTIVE ROAD SUITE 100
ROCKVILLE
,
MD
20852
PC
UNRESTRICTED FUNDS
216,666
JEWISH INSTITUTE OF NATIONAL SECURITY
1101 14 ST NW SUITE 1030
WASHINGTON
,
DC
20005
PC
UNRESTRICTED FUNDS
18,000
JEWISH NATIONAL FUND
42 EAST 69TH STREET
NEW YORK
,
NY
10021
PC
UNRESTRICTED FUNDS
8,333
JEWISH SOCIAL SERVICES AGENCY
THE INA KAY BUILDING 200 WOOD HILL
ROAD
ROCKVILLE
,
MD
20850
PC
UNRESTRICTED FUNDS
2,500
JLCFI INC
41216 FISHER ISLAND DR
MIAMI BEACH
,
FL
331091257
PC
UNRESTRICTED FUNDS
1,000
KOMEN WASHINGTON DC RACE FOR THE CURE
PO BOX 955291
DALLAS
,
TX
75395
PC
UNRESTRICTED FUNDS
2,500
LEARNING YOUR FUNCTION INC
2017 REIGLER RD
LAND O LAKES
,
FL
34639
PC
UNRESTRICTED FUNDS
1,500
LEUKEMIA & LYMPHOMA SOCIETY
3 INTERNATIONAL DRIVE SUITE 200
RYE BROOK
,
NY
10573
PC
UNRESTRICTED FUNDS
11,500
MADDUX SCHOOL
11614 SEVEN LOCKS ROAD
ROCKVILLE
,
MD
20854
PC
UNRESTRICTED FUNDS
10,000
MARCH OF DIMES
1550 CRYSTAL DR SUITE 1300
ARLINGTON
,
VA
22202
PC
UNRESTRICTED FUNDS
4,500
MCLEAN SCHOOL
8224 LOCHINVER LN
POTOMAC
,
MD
208542744
PC
UNRESTRICTED FUNDS
17,000
MCPS EDUCATIONAL FOUNDATION INC
850 HUNGERFORD DRIVE ROOM 149
ROCKVILLE
,
MD
20850
PC
UNRESTRICTED FUNDS
10,000
MEADOWBROOK FOUNDATION
8200 MEADOWBROOK LANE
CHEVY CHASE
,
MD
20815
PC
UNRESTRICTED FUNDS
5,000
MEMORIAL SLOAN KETTERING
1275 YORK AVENUE
NEW YORK
,
NY
10065
PC
UNRESTRICTED FUNDS
2,000
MICHAEL MOSIER DEFEAT DIPG FDTN
POBOX 34277
BETHESDA
,
MD
20827
PC
UNRESTRICTED FUNDS
17,000
MONTGOMERY COUNTY HUMANE SOCIETY
601 S STONESTREET AVE
ROCKVILLE
,
MD
20850
PC
UNRESTRICTED FUNDS
1,000
MOUNT VERNON VERTUOSI INC
1 RUBY FIELD COURT
BALTIMORE
,
MD
21209
PC
UNRESTRICTED FUNDS
5,000
MPN RESEARCH FOUNDATION
180 NORTH MICHIGAN AVENUESUITE 1870
CHICAGO
,
IL
60601
PC
UNRESTRICTED FUNDS
5,000
NATIONAL CENTER FOR MISSING & EXPLOITED CHILDREN
333 JOHN CARLYLE STREET SUITE 125
ALEXANDRIA
,
VA
223143175
PC
UNRESTRICTED FUNDS
51,000
NATIONAL SYMPHONY ORCHESTRA
4400 MACARTHUR BLVD NW STE 306
WASHINGTON
,
DC
200072521
PC
UNRESTRICTED FUNDS
5,000
NATURAL RESOURCES DEFENSE COUNCIL
40 WEST 20TH STREET 11TH FLOOR
NEW YORK
,
NY
10011
PC
UNRESTRICTED FUNDS
5,000
NORWOOD SCHOOL
8821 RIVER ROAD
BETHESDA
,
MD
20817
PC
UNRESTRICTED FUNDS
26,000
OPERATION EMBRACE
350-C FORTUNE TERRACE PBB 209
POTOMAC
,
MD
20854
PC
UNRESTRICTED FUNDS
5,000
OPERATION UNDERSTANDING
3000 CONNECTICUT AVE NW 335
WASHINGTON
,
DC
20008
PC
UNRESTRICTED FUNDS
5,000
PLAY FOR PINK
28 WEST 44TH ST SUITE 609
NEW YORK
,
NY
10036
PC
UNRESTRICTED FUNDS
600
PROJECT MEDISHARE
PO BOX 381208
MIAMI
,
FL
33128
PC
UNRESTRICTED FUNDS
25,000
RABBINICAL SEMINARY
PO BOX 137
WHITE LAKE
,
NY
12786
PC
UNRESTRICTED FUNDS
6,000
RACE FOR HOPE DC
1717 RHODE ISLAND AVENUE NW SUITE
700
WASHINGTON
,
DC
20036
PC
UNRESTRICTED FUNDS
6,000
SAVE A CHILD'S HEART
PO BOX 59172
POTOMAC
,
MD
20859
PC
UNRESTRICTED FUNDS
5,000
SAVE THE CHILDREN FEDERATION
501 KINGS HIGHWAY EAST SUITE 400
FAIRFIELD
,
CT
06825
PC
UNRESTRICTED FUNDS
10,000
SEEDS OF HEAVEN
500 N 3RD ST STE 113
FAIRFIELD
,
IA
525562482
PC
UNRESTRICTED FUNDS
5,000
SENIOR DOG SANCTUARY OF MD
1708 BYFIELD CT
GAMBRILLS
,
MD
210541807
PC
UNRESTRICTED FUNDS
5,000
SLABODKA YESHIVA
933 50TH STREET
BROOKLYN
,
NY
11219
PC
UNRESTRICTED FUNDS
100
SOS INTERNATIONAL
1101 WOOTON PARKWAY SUITE 900
ROCKVILLE
,
MD
20852
PC
UNRESTRICTED FUNDS
25,000
SPECIAL OLYMPICS
1133 19TH ST NW
WASHINGTON
,
DC
20036
PC
UNRESTRICTED FUNDS
5,000
STEPPING STONES SHELTER
PO BOX 712
ROCKVILLE
,
MD
208480712
PC
UNRESTRICTED FUNDS
2,500
STRATHMORE HALL FOUNDATOIN
5301 TUCKERMAN LANE
NORTH BETHESDA
,
MD
20852
PC
UNRESTRICTED FUNDS
2,854
SUBURBAN HOSPITAL FOUNDATION
8600 OLD GEORGETOWN ROAD
BETHESDA
,
MD
20814
PC
UNRESTRICTED FUNDS
100,000
SUNFLOWER BAKERY
8507 ZIGGY LANE
GAITHERSBURG
,
MD
20877
PC
UNRESTRICTED FUNDS
5,000
THE HOLTON ARM SCHOOL
7303 RIVER ROAD
BETHESDA
,
MD
20817
PC
UNRESTRICTED FUNDS
10,000
TORAH INSTITUTE OF BALTIMORE
35 ROSEWOOD LN
OWINGS MILLS
,
MD
211173704
PC
UNRESTRICTED FUNDS
5,000
TORAH SCHOOL OF GREATER WASHTINGTON
2010 LINDEN LANE
SILVER SPRING
,
MD
20910
PC
UNRESTRICTED FUNDS
15,000
UNIVERSITY OF THE ARTS (EIN 23-1639911)
320 S BROAD ST
PHILADELPHIA
,
PA
191024901
PC
UNRESTRICTED FUNDS
500
US HOLOCAUST MEMORIAL MUSEUM
100 RAOUL WALLENBERG PLACE SW
WASHINGTON
,
DC
20090
PC
UNRESTRICTED FUNDS
43,333
WAMU 885
4401 CONNECTICUT AVE NW
WASHINGTON
,
DC
20008
PC
UNRESTRICTED FUNDS
2,000
WASHINGTON INSTITUTE FOR NEAR EAST POLICY
1111 19TH STREET NW SUITE 500
WASHINGTON
,
DC
20036
PC
UNRESTRICTED FUNDS
10,000
WASHINGTON NATIONALS DREAM FOUNDATION
1500 S CAPITOL STREET SE
WASHINGTON
,
DC
20003
PC
UNRESTRICTED FUNDS
35,000
WASHINGTON NATIONALS YOUTH BASEBALL ACADEMY
1500 SOUTH CAPITAL STREET SE
WAHINGTON
,
DC
20003
PC
UNRESTRICTED FUNDS
8,334
WASHINGTON PROJECT FOR THE ARTS
2124 8TH STREET NW
WASHINGTON
,
DC
20001
PC
UNRESTRICTED FUNDS
3,450
YOUTH ART FOR HEALING
PO BOX 30183
BETHESDA
,
MD
20824
PC
UNRESTRICTED FUNDS
1,000
Total
.................................
3a
2,187,921
b
Approved for future payment
Total
.................................
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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
739,973
4
Dividends and interest from securities
....
14
637,737
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
18
4,419
8
Gain or (loss) from sales of assets other than
inventory
............
18
497,762
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
1,879,891
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
1,879,891
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part 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?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description