Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 01-01-2019 , and ending 12-31-2019
Name of foundation
AUSHERMAN FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)7420 HAYWARD ROAD NO 203
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FREDERICK, MD21702
A Employer identification number

20-4937263
B Telephone number (see instructions)

(301) 620-4477
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$20,213,095J 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) 753,935
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 189,933 189,933  
5a Gross rents............ 56,868 56,868  
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 737,442
b Gross sales price for all assets on line 6a 7,380,410
7 Capital gain net income (from Part IV, line 2)... 737,442
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)....... Click to see attachment -23,392 3,583  
12 Total. Add lines 1 through 11........ 1,714,786 987,826  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 136,538 0   136,538
14 Other employee salaries and wages...... 199,931 0   199,931
15 Pension plans, employee benefits....... 29,878 0   29,878
16a Legal fees (attach schedule)......... Click to see attachment 6,910 0   6,910
b Accounting fees (attach schedule)....... Click to see attachment 11,300 0   11,300
c Other professional fees (attach schedule).... Click to see attachment 65,916 56,391   9,525
17 Interest............... 5,051 5,051   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 96,124 37,288   29,216
19 Depreciation (attach schedule) and depletion... Click to see attachment 142,441 142,441  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 167,846 -124,220   176,624
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 861,935 116,951   599,922
25 Contributions, gifts, grants paid....... 2,201,578 2,201,578
26 Total expenses and disbursements. Add lines 24 and 25 3,063,513 116,951   2,801,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,348,727
b Net investment income (if negative, enter -0-) 870,875
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 261,306 36,468 36,468
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet2,758
Less: allowance for doubtful accounts bullet   1,414 2,758 2,758
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.......... 19,591 41,580 41,580
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 9,587,231 Click to see attachment13,058,313 13,058,313
14 Land, buildings, and equipment: basis bullet7,272,994
Less: accumulated depreciation (attach schedule) bullet200,412 4,354,611 Click to see attachment7,072,582 7,072,582
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment1,394 Click to see attachment1,394
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 14,224,153 20,213,095 20,213,095
Liabilities 17 Accounts payable and accrued expenses.......... 3,040 692,651
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 173,355 173,355
22 Other liabilities (describe bullet) Click to see attachment10,071 Click to see attachment5,000
23 Total liabilities (add lines 17 through 22)......... 186,466 871,006
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 14,037,687 19,342,089
29 Total net assets or fund balances (see instructions)..... 14,037,687 19,342,089
30 Total liabilities and net assets/fund balances (see instructions). 14,224,153 20,213,095
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
14,037,687
2
Enter amount from Part I, line 27a .....................
2
-1,348,727
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
6,653,129
4
Add lines 1, 2, and 3 ..........................
4
19,342,089
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
19,342,089
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 FROM K-1 PATRIOT CAPITAL II P    
b FROM K-1 ARTHUR STREET P    
c FROM K-1 ARTHUR STREET P    
d FROM K-1 PATRIOT CAPITAL III P    
e FROM K-1 PENN SQUARE P    
FROM K-1 PATRIOT CAPITAL III P    
PUBLICLY TRADED SECURITIES - MORGAN STANLEY #2417      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY #2415      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY #9883      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY #6746      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY #0826      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY #2419      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY #2418      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY #0831      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY #9860      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY #9525      
CAPITAL GAINS DIVIDENDS 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 5,904     5,904
b 31,358     31,358
c     167 -167
d     514 -514
e     1,426 -1,426
    3,028 -3,028
69,675   61,273 8,402
152,509   160,040 -7,531
302,163   180,597 121,566
259,752   229,580 30,172
255,887   258,690 -2,803
321,827   341,175 -19,348
401,981   382,191 19,790
467,805   451,630 16,175
2,515,445   2,084,049 431,396
2,501,757   2,488,608 13,149
94,347     94,347
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       5,904
b       31,358
c       -167
d       -514
e       -1,426
      -3,028
      8,402
      -7,531
      121,566
      30,172
      -2,803
      -19,348
      19,790
      16,175
      431,396
      13,149
      94,347
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 2 737,442
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2018 1,556,807 16,135,179 0.096485
2017 1,589,130 17,240,811 0.092173
2016 2,966,314 16,599,036 0.178704
2015 1,299,057 17,914,543 0.072514
2014 545,701 17,325,968 0.031496
2
Total of line 1, column (d) .....................
2
0.471372
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
0.094274
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
10,637,950
5
Multiply line 4 by line 3......................
5
1,002,882
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
8,709
7
Add lines 5 and 6........................
7
1,011,591
8
Enter qualifying distributions from Part XII, line 4,.............
8
8,817,547
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2019)
Form 990-PF (2019)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 8,709
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 8,709
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 8,709
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 21,200
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 6,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 27,200
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 18,491
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet4,520 RefundedBullet 11 13,971
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
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)
    bulletMD
    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 addressbulletWWW.AUSHERMANFAMILYFOUNDATION.ORG
    14
    The books are in care ofbulletLAURA LEBO Telephone no.bullet (301) 620-4477

    Located atbullet7420 HAYWARD ROAD SUITE 203FREDERICKMD ZIP+4bullet21702
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2019?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2019 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2019.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MARVIN E AUSHERMAN DIRECTOR/PRESIDENT
    3.00     		0 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    KARI A AUSHERMAN TRUSTEE
    3.00     		0 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    JUSTIN E AUSHERMAN TRUSTEE/VICE PRESIDENT/SEC
    3.00     		0 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    JAMES B MACGILLIVRAY TRUSTEE
    3.00     		0 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    JOSEPH S WELTY TRUSTEE
    3.00     		0 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    NICHOLAS A BRANIC TRUSTEE
    3.00     		0 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    RENEE AUSHERMAN TRUSTEE/TREASURER
    3.00     		0 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    ELIZABETH CROMWELL TRUSTEE
    3.00     		0 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    LEIGH ADAMS EXECUTIVE DIRECTOR
    40.00     		136,538 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    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
    PETER COUCHMAN DIRECTOR OF COMMUNIT
    40.00     		130,655 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    LORI PERKINS GRANTS MANAGER
    40.00     		58,960 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    JENNIFER SPECHT COMMUNITY RELATIONS
    40.00     		54,778 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 PROVIDED SUPPORT FOR THE EXEMPT PURPOSES OF ORGANIZATIONS IN THE FREDERICK, MD COMMUNITY AND ACCROSS THE UNITED STATES. 2,710,224
    2 MAINTENANCE OF BUILDINGS FOR CHARITABLE USE 91,276
    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 COMPLETED BUILDING RENOVATION, 15 W. PATRICK ST., FREDERICK, MD, HELD FOR USE AS A PUBLIC THEATER AND EDUCATION SPACE OPERATED BY NEW SPIRE ARTS, INC., A 501(C)(3) ORGANIZATION. 5,379,034
    2 HOLD BUILDING, 117 E. CHURCH ST., FREDERICK, MD, FOR USE BY CHARITABLE, NON-PROFIT, ORGANIZATIONS TO PROVIDE EDUCATION AND PROMOTE THE ARTS. 637,013
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet6,016,047
    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
    10,755,054
    b
    Average of monthly cash balances.......................
    1b
    44,895
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,799,949
    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
    10,799,949
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    161,999
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    10,637,950
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    531,898
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    531,898
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    8,709
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,709
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    523,189
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    523,189
    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
    523,189
    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
    2,801,500
    b
    Program-related investments—total from Part IX-B..................
    1b
    6,016,047
    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
    8,817,547
    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
    8,709
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    8,808,838
    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 7 523,189
    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...... 58,548
    c From 2016...... 990,231
    d From 2017...... 1,458,643
    e From 2018...... 865,236
    fTotal of lines 3a through e........ 3,372,658
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 8,817,547
    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..... 523,189
    e Remaining amount distributed out of corpus 8,294,358
    5 Excess distributions carryover applied to 2019. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 11,667,016
    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
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		11,667,016
    10 Analysis of line 9:
    a Excess from 2015.... 58,548
    b Excess from 2016.... 990,231
    c Excess from 2017.... 1,458,643
    d Excess from 2018.... 865,236
    e Excess from 2019.... 8,294,358
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2019, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2019 (b) 2018 (c) 2017 (d) 2016
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    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 e-mail address of the person to whom applications should be addressed:
    LORI PERKINS GRANTS COORDINATOR AUS
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    (301) 620-4443
    bThe form in which applications should be submitted and information and materials they should include:
    VISIT WWW.AUSHERMANFAMILYFOUNDATION.ORG, CHOOSE "GRANT APPLICATION", AND FOLLOW INSTRUCTIONS PROVIDED.
    cAny submission deadlines:
    SUBMISSIONS WILL BE REVIEWED BY THE PHILANTHROPIC COMMITTEE THAT MEETS SIX TIMES EACH YEAR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GLOBAL FUNDS ARE AVAILABLE, BUT LIMITED. 90% OF THE FUNDS AVAILABLE MUST BENEFIT FREDERICK COUNTY, MD.
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BOYS AND GIRLS CLUB OF FREDERICK COUNTY
    413 BURCK STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 14,775
    CHILDREN OF INCARCERATED PARENTS
    PO BOX 791
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,000
    CHURCH OF THE REDEEMER
    5606 BUCKEYSTOWN PIKE
    FREDERICK,MD21704     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,495
    CITY YOUTH MATRIX CORP
    22 SOUTH MARKET STREET 15
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    COMMUNITY FOUNDATION OF FREDERICK
    312 E CHURCH ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 71,297
    DAYBREAK ADULT DAY SERVICES
    7819 ROCKY SPRINGS RD
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,000
    DELAPLAINE VISUAL ARTS
    40 S CARROLL ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 49,500
    DOWNTOWN FREDERICK PARTNERSHIP
    19 E CHURCH ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 270,695
    FRIENDS
    PO BOX 641
    MIDDLETOWN,MD21769     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 3,000
    FARMERS & HUNTERS FEEDING
    PO BOX 323
    WILLIAMSPORT,MD21795     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 5,500
    FEBRUARY STAR SANCTUARY
    3910 AUSHERMAN RD
    KNOXVILLE,MD21758     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 50
    FEDERATED CHARITIES
    22 S MARKET ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 13,100
    FREDERICK ARTS COUNCIL
    11 WEST PATRICK ST STE 201
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 57,000
    FREDERICK UNION RESCUE MISSION
    PO BOX 3389
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 66,850
    FRIENDS FOR NEIGHBORHOOD PROGRESS
    100 SOUTH MARKET STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 36,820
    GOODWILL INDUSTRIES
    400 E CHURCH ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 90,000
    HABITAT FOR HUMANITY
    2 EAST CHURCH STREET 3RD FLOOR
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 35,000
    HEARTLY HOUSE
    PO BOX 857
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 6,500
    HIAS INC
    1300 SPRING ST SUITE 500
    SILVER SPRING,MD20910     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 50
    HIPPODROME FOUNDATION INC
    416 WEST BALTIMORE
    BALTIMORE,MD21201     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 10,000
    HOOD COLLEGE
    401 ROSEMONT AVE
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 12,200
    HOUSING AUTHORITY OF THE CITY
    209 MADISON ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 2,500
    INTERFAITH HOUSING ALLIANCE
    5301 BUCKEYSTOWN PIKE STE 320
    FREDERICK,MD21704     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 15,000
    LEAD4LIFE
    801 NORTH EAST ST STE 3
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,000
    LITERACY COUNCIL OF FREDERICK
    110 E PATRICK STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 30,050
    MADISON FIELDS
    21355 BIG WOODS RD
    DICKERSON,MD20842     		NONE PUBLIC FOUNDATION FOR SUPPORT OF EXEMPT PURPOSE 4,000
    MAHAN RYKIEL ASSOCIATES
    3300 CLIPPER MILL ROAD
    BALTIMORE,MD21211     		NONE NC FOR COMMUNITY IMPROVEMENT PROJECT 8,693
    MARYLAND ENSEMBLE THEATRE
    31 W PATRICK STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 18,000
    MARYLAND FOOD BANK
    2200 HALETHORPE FARMS ROAD
    BALTIMORE,MD21227     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 10,000
    MENTAL HEALTH ASSOCIATION
    226 SOUTH JEFFFERSON STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 64,800
    MISSION OF MERCY
    22 S MARKET STREET SUITE 6D
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 150,000
    NATIONAL OVARIAN CANCER
    PO BOX 431
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 25
    NO MORE STOLEN CHILDHOODS
    PO BOX 1553
    COCKEYSVILLE,MD21030     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 5,000
    OLNEY THEATRE CENTER
    2001 OLNEY SANDY SPRING RD
    OLNEY,MD20832     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 5,000
    OTHER VOICES THEATRE
    244B S JEFFERSON ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 6,000
    OVERLOOK LAWNCARE
    12529 CLOVER HILL LANE
    KNOXVILLE,MD21758     		NONE NC FOR COMMUNITY IMPROVEMENT PROJECT 2,385
    RED DEVILS INC
    200 E JOPPA RD 105
    TOWSON,MD21286     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 5,000
    ROTARY CLUB OF FREDERICK
    PO BOX 13
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    SOS SAFE RIDE
    122 E PATRICK STREET STE 114
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 21,250
    SETON CENTER
    226 EAST LINCOLN AVENUE
    EMMITSBURG,MD21727     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 8,090
    SHIP OF FREDERICK COUNTY
    PO BOX 1629
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 25,000
    SPANISH SPEAKING COMMUNITY
    329 S JEFFERSON ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 130,520
    ST JOHN'S CATHOLIC PREP
    3989 BUCKEYSTOWN PIKE
    BUCKEYSTOWN,MD21717     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 8,000
    ST JOHN REGIONAL CATHOLIC SCHOOL
    8414 OPOSSUMTOWN PIKE
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 3,000
    THE RELIGIOUS COALITION
    27 DEGRANGE STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 80,400
    TUSCARORA HIGH SCHOOL
    5312 BALLENGER CREEK PIKE
    FREDERICK,MD21703     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,500
    UNITED WAY OF FREDERICK
    629 NORTH MARKET ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 89,480
    WEINBERG CENTER FOR THE ARTS
    20 WEST PATRICK STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 37,250
    WOLF TRAP FOUNDATION
    1645 TRAP ROAD
    VIENNA,VA22182     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 4,510
    YMCA OF FREDERICK COUNTY
    1000 N MARKET ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 3,000
    ADVOCATES FOR THE AGING OF FREDERICK
    PO BOX 3625
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    ADVOCATES FOR THE HOMELESS
    216 ABRECHT PLACE
    FREDERICK,MD217014918     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 80,500
    ALZHEIMER'S ASSOCIATION
    1850 YORK ROAD STE D
    TIMONIUM,MD21093     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 2,650
    AMERICAN HEART ASSOCIATION
    7272 GREENVILLE AVE
    DALLAS,TX75231     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 100
    ANGEL FUND INC
    PO BOX 171
    POINT OF ROCKS,MD21777     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 45
    ARTS EDUCATION IN MD SCHOOLS
    190 W OSTEND ST STE 210
    BALTIMORE,MD21230     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 10,000
    BARTLETT TREE EXPERTS
    8031 REICHS FORD RD
    FREDERICK,MD21704     		NONE NC FOR COMMUNITY IMPROVEMENT PROJECT 1,808
    BETRAYAL TRAUMA RECOVERY
    331 W PARRISH LANE 106-213
    CENTERVILLE,UT84014     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 156
    BETTER BEDREST INC
    PO BOX 212
    SAVAGE,MD20763     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 2,500
    BLESSINGS IN A BACKPACK
    PO BOX 3508
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 21,000
    BOUNDLESS THEATRE
    2447 MERCHANT STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 10,050
    C&C CUSTOM LAWNCARE INC
    PO BOX 510
    MT AIRY,MD21771     		NONE NC FOR COMMUNITY IMPROVEMENT PROJECT 1,155
    CENTRAL ATLANTIC CONFERENCE
    918 S ROLLING ROAD
    BALTIMORE,MD21228     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 200
    CENTREPOINTE COUNSELING
    PO BOX 1278
    LINCOLNTON,NC28093     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 5,000
    CENTRO HISPANO DE FREDERICK
    PO BOX 341
    FREDERICK,MD217050341     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 7,500
    CERE COMMUNITY PROJECT
    7351 BODEGA AVENUE
    SEBASTOPOL,CA95472     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    CHORDS OF COURAGE INC
    3501 RODMAN ST NW
    WASHINGTON,DC20008     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 10,000
    CHRIST COMMUNITY CHURCH
    1016 SPRUCE STREET
    HAGERSTOWN,MD21740     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 200
    CLUSTERED SPIRESCHORUS
    622 MILITARY ROAD
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,000
    COLOR ON THE CREEK
    1509 HOMESTEAD AVE
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 8,500
    COMMUNITY LIVING
    620-B RESEARCH COURT
    FREDERICK,MD21703     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 4,500
    COMMUNITY MEDIATION MARYLAND
    310 TULIP AVE
    TAKOMA PARK,MD20912     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,500
    DANNY & RON'S RESCUE
    PO BOX 604
    CAMDEN,SC29021     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 50
    DELL CHILDREN'S MEDICAL CENTER
    4900 MUELLER BLVD
    AUSTIN,TX78723     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 50
    DONNA PARKER MEDIA GROUP
    33 LYNN BATTS LANE 3201
    SAN ANTONIO,TX78218     		NONE NC FOR COMMUNITY IMPROVEMENT PROJECT 3,850
    EVERYMIND INC
    1000 TWINBROOK PKWY
    ROCKVILLE,MD20851     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 15,000
    EXCHANGE CLUB OF ANTIETAM
    PO BOX 885
    HAGERSTOWN,MD21741     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 200
    EXPONENT PHILANTHROPY
    PO BOX 65607
    WASHINGTON,DC200355607     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 2,000
    FEEDING AMERCIA
    35 EAST WACKER DR STE 2000
    CHICAGO,IL60601     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 50
    FRACTURED ATLAS
    248 W 35TH STREET FL 10
    NEW YORK,NY10001     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 10,000
    FREDERICK COMMUNITY COLLEGE
    7932 OPPOSUMTOWN PIKE
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 70,000
    FREDERICK COUNTY PUBLIC LIBRARIES
    12 EAST CHURCH STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 2,495
    FREDERICK COUNTY PUBLIC SCHOOLS
    191 S EAST STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 300
    FREDERICK COUNTY SENIOR SERVICES
    1440 TANEY AVE
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 2,000
    FREDERICK COUNTY HUMANE SOCIETY
    PO BOX 3185
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 750
    FREDERICK COUNTY LANDMARKS
    1110 ROSEMONT AVE
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 10,284
    FREDERICK HEALTH HOSPICE
    PO BOX 1799
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 900
    FREDERICK HIGH SAFE AND SANE
    650 CARROLL PARKWAY
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 400
    FROSTBURG STATE UNIVERSITY
    101 BRADDOCK ROAD
    FROSTBURG,MD21532     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,400
    GRAPHCOM INC
    1219 CHAMBERSBURG ROAD
    GETTYSBURG,PA17325     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 7,594
    HUMANE SOCIETY OF WASHINGTON CO
    13011 MAUGANSVILLE ROAD
    HAGERSTOWN,MD21740     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 750
    IDEA ORCHARD
    2660 S SHERIDAN CT
    LAKEWOOD,CO80227     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 800
    IT'S A BLESSING TO BE A BLESSING
    248 S LOCUST STREET
    HAGERSTOWN,MD21740     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,450
    LIFE & DISCOVERY
    1306 W PATRICK ST UNIT 5A
    FREDERICK,MD21703     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 3,700
    MARYLAND ASSOCIATION OF NONPROFITS
    1500 UNION AVE STE 2500
    BALTIMORE,MD21211     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,000
    MARYLAND CITIZENS FOR THE ARTS
    120 W NORTH AVE STE 302
    BALTIMORE,MD21201     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 4,000
    MARYLAND FOUNDATION OF DENTISTRY FOR THE HANDICAPPED
    8901 HERRMANN DRIVE
    COLUMBIA,MD21045     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 4,900
    MARYLAND PHILANTHROPY NETWORK
    2 EAST READ STREET 2ND FLOOR
    BALTIMORE,MD21202     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    MONOCACY HEALTH PARTNERS
    516 TRAIL AVE STE B
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 70,000
    MULTIPLE MYELOMA RESEARCH
    383 MAIN AVE 5TH FLOOR
    NORWALK,CT06851     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 100
    NATIONAL MUSEUM OF CIVIL WAR
    PO BOX 470
    FREDERICK,MD217050470     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 25,000
    NEW LIFE MINISTRIES
    PO BOX 1029
    LAKE FOREST,CA92609     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 100
    ON OUR OWN FREDERICK
    331 W PATRICK STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 8,500
    OX-FAM AMERICA
    226 CAUSEWAY ST 5TH FLOOR
    BOSTON,MA02114     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 180
    PARTNERS IN CARE
    1851-C RITCHIE HIGHWAY
    PASADENA,MD21122     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 2,000
    PHILLIPS HR GROUP
    5209 BRENTFORD DR
    ROCKVILLE,MD20852     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 5,300
    POSTERN LLC
    6 N EAST STREET STE 200
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 2,495
    ROCKY MOUNTAIN ELK FOUNDATION
    PO BOX 8249
    MISSOULA,MT598078249     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 550
    SALVATION ARMY
    223 W 5TH STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 250
    SAMUEL KIEWIT
    8105 FROSTY FIELD CT
    FREDERICK,MD21702     		NONE INDIVIDUAL FOR COMMUNITY IMPROVEMENT PROJECT 215
    SECOND CHANCE GARAGE
    528 N MARKET STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 85,000
    ST JOHN FREDERICK THE EVANGELIST
    112 E SECOND ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 100,000
    ST JUDE CHILDREN'S RESEARCH
    501 ST JUDE PLACE
    MEMPHIS,TN38105     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 250
    STRONG CITY BALTIMORE
    3503 N CHARLES STREET
    BALTIMORE,MD21218     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    THE COLLECTIVE GOOD LLC
    7201 WISCONSIN AVE STE 440
    BETHESDA,MD20814     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 15,156
    THE FREDERICK CENTER
    PO BOX 3231
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    THE LANDLESS THEATRE COMPANY
    2628 WARREN WAY
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 2,000
    THE LIGHT HOUSE
    10 HUDSON STREET
    ANNAPOLIS,MD21401     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    THE PHOENIX FOUNDATION OF MD
    PO BOX 4193
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 5,000
    THOUSAND CURRENTS
    1330 BROADWAY STE 301
    OAKLAND,CA94612     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,000
    TSVETOMIR NAYDENOV
    16776 WHITES STORE ROAD
    BOYDS,MD20841     		NONE INDIVIDUAL FOR COMMUNITY IMPROVEMENT PROJECT 5,720
    VANESS SMITH
    13827 BRONCO PLACE
    GERMANTOWN,MD20874     		NONE INDIVIDUAL FOR COMMUNITY IMPROVEMENT PROJECT 3,040
    WALKERSVILLE HIGH SCHOOL SAFE & SANE
    PO BOX 183
    WALKERSVILLE,MD21793     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 200
    WALKERSVILLE SOUTHERN RAILROAD
    PO BOX 651
    WALKERSVILLE,MD21793     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 7,200
    WEBER STATE UNIVERSITY
    3850 DIXON PKWY DEPT 1021
    OGDEN,UT84408     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    WOMAN TO WOMAN MENTORING
    PO BOX 1660
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 17,500
    YOGAMOUR INC
    1 WORMANS MILL COURT STE 11
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 250
    THE RANCH
    7902 FINGERBOARD RD
    FREDERICK,MD21704     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 17,500
    BUILDING VETERANS
    11 S MARYLAND AVE
    BRUNSWICK,MD21716     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 25,000
    Total .................................bullet 3a 2,201,578
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 189,933  
    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 ............     		    18 737,442  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aARTHUR STREET FUND IV, LP     		900099 1,842 14 -4,390  
    bPATRIOT CAPITAL II, LP 900099 -5 14 -10  
    cPENN SQUARE GLOBAL REAL ESTATE FUND I, LP 900099 133 14 -83  
    dPATRIOT CAPITAL III SBIC, LP 900099 -28,945 14 8,066  
    e
    12 Subtotal. Add columns (b), (d), and (e).. -26,975 930,958 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    903,983
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


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