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
David & Barbara B Hirschhorn
Foundation Inc
Number and street (or P.O. box number if mail is not delivered to street address)co AFS One South St No 2950
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Baltimore, MD21202
A Employer identification number

52-1489400
B Telephone number (see instructions)

(410) 347-7114
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$49,413,517J 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) 247,638
2 Check bullet.............
3 Interest on savings and temporary cash investments 802 802  
4 Dividends and interest from securities... 814,303 814,303  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,484,453
b Gross sales price for all assets on line 6a 4,638,445
7 Capital gain net income (from Part IV, line 2)... 1,484,453
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 356,262 -98,801  
12 Total. Add lines 1 through 11........ 2,903,458 2,200,757  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 110,581 0   110,581
15 Pension plans, employee benefits....... 22,580 0   22,580
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 73,000 29,200   43,800
c Other professional fees (attach schedule).... Click to see attachment 83,557 83,557   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 132,076 25,397   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 17,889 0   17,889
21 Travel, conferences, and meetings....... 546 0   546
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 4,642 0   4,642
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 444,871 138,154   200,038
25 Contributions, gifts, grants paid....... 2,223,360 2,223,360
26 Total expenses and disbursements. Add lines 24 and 25 2,668,231 138,154   2,423,398
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 235,227
b Net investment income (if negative, enter -0-) 2,062,603
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.............      
2 Savings and temporary cash investments......... 1,143,672    
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 39,750,027 Click to see attachment41,023,248 49,391,508
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment3,242 Click to see attachment22,009 Click to see attachment22,009
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 40,896,941 41,045,257 49,413,517
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment160,013
23 Total liabilities (add lines 17 through 22)......... 0 160,013
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........ 33,577,066 33,577,066
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 7,319,875 7,308,178
29 Total net assets or fund balances (see instructions)..... 40,896,941 40,885,244
30 Total liabilities and net assets/fund balances (see instructions). 40,896,941 41,045,257
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
40,896,941
2
Enter amount from Part I, line 27a .....................
2
235,227
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
41,132,168
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
246,924
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
40,885,244
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 Axiom Asia II P 2019-01-01 2019-12-31
b Axiom Asia II P 2018-01-01 2019-12-31
c Axiom Asia IV P 2018-01-01 2019-12-31
d Axiom Asia IV P 2019-01-01 2019-12-31
e BP, PLC   2019-04-09 2019-04-12
Centerbridge Partners Real Estate P 2019-01-01 2019-12-31
CPREF Cayman P 2019-01-01 2019-12-31
Dodge & Cox International   2017-12-21 2019-03-12
Fir Tree Real Estate Fund III - Distribution in excess of basis P   2019-12-31
Fir Tree Real Estate III AIV Feeder P 2018-01-01 2019-12-31
Harbor Fd Real Return P   2019-10-25
Harrison Street R/E V P 2018-01-01 2019-12-31
Lexington VII - Distribution in excess of basis P   2019-12-31
Madison VI P 2018-01-01 2019-12-31
Malachite Capital P 2019-01-01 2019-12-31
Malachite Capital P 2018-01-01 2019-12-31
Mesirow Financial P 2019-01-01 2019-12-31
Mesirow Financial P 2018-01-01 2019-12-31
Oaktree Emerging Markets - Distribution in excess of basis P   2019-12-31
Ocean Avenue III P 2018-01-01 2019-12-31
Ocean Avenue III P 2018-01-01 2019-12-31
Perennial Real Estate Fund P 2019-01-01 2019-12-31
Perennial Real Estate Fund P 2018-01-01 2019-12-31
Pinehurst Institutional P   2019-08-15
Private Equity Investment Fund V P 2019-01-01 2019-12-31
Private Equity Investment Fund V P 2018-01-01 2019-12-31
RCP FD V- Distribution in excess of basis P   2019-12-31
RCP FD VI - Distribution in excess of basis P   2019-12-31
Renaissance Institutional Equities P 2019-01-01 2019-12-31
Renaissance Institutional Equities P 2018-01-01 2019-12-31
Taconic CRE Dislocation Fund P 2018-01-01 2019-12-31
Vanguard Scottsdale   2019-04-30 2019-09-04
VIA VIII P 2019-01-01 2019-12-31
VIA VIII P 2018-01-01 2019-12-31
W Capital Partners - Distribution in excess of basis P   2019-12-31
W Capital Partners III P 2019-01-01 2019-12-31
W Capital Partners III P 2018-01-01 2019-12-31
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 1,141     1,141
b 35,588     35,588
c 71     71
d 30     30
e 248,731   714 248,017
252     252
362     362
1,279,360   1,123,889 155,471
36,298     36,298
16,141     16,141
1,185,388   1,311,655 -126,267
35,227     35,227
78,733     78,733
4,188     4,188
    11,590 -11,590
22,096     22,096
    110 -110
110,223     110,223
5,603     5,603
18,870     18,870
674     674
2     2
    3,524 -3,524
250,000   151,325 98,675
222     222
    3,688 -3,688
165,306     165,306
176,339     176,339
    26,992 -26,992
61,372     61,372
82,147     82,147
525,000   513,493 11,507
1,320     1,320
121,172     121,172
6,492     6,492
    7,012 -7,012
27,006     27,006
143,091     143,091
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,141
b       35,588
c       71
d       30
e       248,017
      252
      362
      155,471
      36,298
      16,141
      -126,267
      35,227
      78,733
      4,188
      -11,590
      22,096
      -110
      110,223
      5,603
      18,870
      674
      2
      -3,524
      98,675
      222
      -3,688
      165,306
      176,339
      -26,992
      61,372
      82,147
      11,507
      1,320
      121,172
      6,492
      -7,012
      27,006
      143,091
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,484,453
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 2,115,846 44,266,400 0.047798
2017 1,998,509 41,055,069 0.048679
2016 2,109,398 38,262,783 0.055129
2015 2,706,982 40,472,293 0.066885
2014 2,394,605 41,496,522 0.057706
2
Total of line 1, column (d) .....................
2
0.276197
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
0.055239
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
47,221,076
5
Multiply line 4 by line 3......................
5
2,608,445
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
20,626
7
Add lines 5 and 6........................
7
2,629,071
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,423,398
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 41,252
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 41,252
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 41,252
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 65,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 65,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 26
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 23,722
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet23,722 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment....
3
Yes
 
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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.blaufund.org
    14
    The books are in care ofbulletJennifer L Bove CPA Telephone no.bullet (410) 347-7205

    Located atbulletc/o AFS One South St 2950BaltimoreMD ZIP+4bullet21202
    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
    DANIEL B HIRSCHHORN TRUSTEE AND PRESIDENT
    0.00     		0 0 0
    ONE SOUTH STREET STE 2950
    BALTIMORE,MD21202
    MICHAEL J HIRSCHHORN TRUSTEE AND VICE PRESIDENT
    0.00     		0 0 0
    ONE SOUTH STREET STE 2950
    BALTIMORE,MD21202
    DEBORAH H VOGELSTEIN TRUSTEE AND VICE PRESIDENT
    0.00     		0 0 0
    ONE SOUTH STREET STE 2950
    BALTIMORE,MD21202
    SARAH H SHAPIRO TRUSTEE AND VICE PRESIDENT
    0.00     		0 0 0
    ONE SOUTH STREET STE 2950
    BALTIMORE,MD21202
    Betsy F Ringel SECRETARY
    0.00     		0 0 0
    ONE SOUTH STREET STE 2950
    BALTIMORE,MD21202
    ANNE A PATTERSON ASSISTANT SECRETARY
    0.00     		0 0 0
    ONE SOUTH STREET STE 2950
    BALTIMORE,MD21202
    Jill R Robinson ASSISTANT SECRETARY
    0.00     		0 0 0
    ONE SOUTH STREET STE 2950
    BALTIMORE,MD21202
    Stephen J Bass Treasurer
    0.00     		0 0 0
    ONE SOUTH STREET STE 2950
    BALTIMORE,MD21202
    Anne L Shelton ASSISTANT TREASURER
    0.00     		0 0 0
    ONE SOUTH STREET STE 2950
    BALTIMORE,MD21202
    SANDRA L GLOCK ASSISTANT TREASURER
    0.00     		0 0 0
    ONE SOUTH STREET STE 2950
    BALTIMORE,MD21202
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Greycourt Investment Managemt 83,864
    607 College Avenue
    Pittsburgh,PA15232
    Atapco Financial Services Acct, Tax & Invest 73,000
    One South Street Ste 2950
    Baltimore,MD21202
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    46,360,438
    b
    Average of monthly cash balances.......................
    1b
    1,579,741
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    47,940,179
    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
    47,940,179
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    719,103
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    47,221,076
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,361,054
    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
    2,361,054
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    41,252
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    41,252
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,319,802
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,319,802
    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
    2,319,802
    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
    2,423,398
    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
    2,423,398
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,423,398
    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 2,319,802
    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...... 355,328
    b From 2015...... 700,927
    c From 2016...... 206,974
    d From 2017......  
    e From 2018......  
    fTotal of lines 3a through e........ 1,263,229
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 2,423,398
    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..... 2,319,802
    e Remaining amount distributed out of corpus 103,596
    5 Excess distributions carryover applied to 2019. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,366,825
    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) ...     		355,328
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		1,011,497
    10 Analysis of line 9:
    a Excess from 2015.... 700,927
    b Excess from 2016.... 206,974
    c Excess from 2017....  
    d Excess from 2018....  
    e Excess from 2019.... 103,596
    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:
    Daniel B Hirschhorn co Ms Betsy Rin
    BPG One South St Suite 2900
    Baltimore,MD21202
    (410) 347-7201
    bThe form in which applications should be submitted and information and materials they should include:
    Letter
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    This organization does not make gifts or grants to individuals.
    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
    Abilities Network
    8503 LaSalle Road
    Towson,MD212865926     		N/A 501(c)(3) support for the Senior Move Management Program and support for the Clutter Management/Hoarding Program 25,000
    ACHARAI The Shoshana S Cardin Jewish Leadership Institute
    5806 Park Heights Avenue
    Baltimore,MD21215     		N/A 501(c)(3) general support to match funding from Debs and Joe Weinberg 35,000
    Ahavas Yisrael Charity Fund
    115 Sudbrook Lane Suite E
    Baltimore,MD21208     		N/A 501(c)(3) general support 5,000
    American Friends of Meir Panim Inc
    5316 New Utecht Avenue
    Brooklyn,NY11219     		N/A 501(c)(3) general support 20,000
    American Friends of Shalva
    315 Fifth Avenue 6th Floor
    New York,NY10016     		N/A 501(c)(3) general support 5,000
    The American Jewish Committee
    The Jacob Blaustein Building165
    East 56 Street
    New York,NY100222746     		N/A 501(c)(3) general support for Project Interchange 60,000
    American Jewish World Service
    45 West 36th Street 10th Floor
    New York,NY100187904     		N/A 501(c)(3) general support 45,000
    American Supporters of Yedid
    492c Cedar Lane 335
    Teaneck,NJ07666     		N/A 501(c)(3) general support 5,000
    American Visionary Art Museum Inc
    800 Key Highway
    Baltimore,MD212303940     		N/A 501(c)(3) general support 20,000
    Art with a Heart Inc
    Mill No 13000 Falls Road
    Baltimore,MD21211     		N/A 501(c)(3) general support 40,000
    The Associated Jewish Community Federation of Baltimore Inc
    101 West Mount Royal Avenue
    Baltimore,MD212015781     		N/A 501(c)(3) support for the four Hillel campus programs in the Baltimore metropolitan area 10,000
    Asylee Women Enterprise
    4500 Frankford Avenue
    Baltimore,MD212065106     		N/A 501(c)(3) general support 15,000
    Baltimore Bar Foundation Inc
    111 North Calvert Street Suite 631
    Baltimore,MD21202     		N/A 501(c)(3) support for the Senior Legal Services program 12,500
    Baltimore Community Foundation Inc
    11 East Mt Royal Avenue Second
    Floor
    Baltimore,MD21202     		N/A 501(c)(3) general support for the Middle Grades Partnership 20,000
    Baltimore Shabbat Project
    5750 Park Heights Avenue
    Baltimore,MD21215     		N/A 501(c)(3) general support 10,000
    The Baltimore Symphony Orchestra
    1212 Cathedral Street
    Baltimore,MD212015545     		N/A 501(c)(3) support for the OrchKids 2020 summer program 15,000
    Benefits Data Trust
    Centre Square West1500 Market
    Street Suite 2800
    Philadelphia,PA19102     		N/A 501(c)(3) support for the "MD Benefits Center" project 15,000
    Beth Tfiloh Congregation
    3300 Old Court Road
    Baltimore,MD21208     		N/A 501(c)(3) general support through sponsorship of Spotlight 2019 30,000
    Bowery Residents' Committee Inc
    131West 25th Street 12th Floor
    New York,NY10001     		N/A 501(c)(3) general support 7,500
    Business & Human Rights Resource Centre
    120 Wall Street 16th Floor
    New York,NY100054027     		N/A 501(c)(3) support for the "Driving a Fast & Fair Transition to Renewable Energy" project 20,000
    CASA of Baltimore County Inc
    305 West Chesapeake Avenue Suite
    117
    Towson,MD212044435     		N/A 501(c)(3) general support 10,000
    Center for Urban Families Inc
    2201 North Monroe Street
    Baltimore,MD212171321     		N/A 501(c)(3) general support 15,000
    Central Europe Center for Research and Documentation
    1141 Loxford Terrace
    Silver Spring,MD20901     		N/A 501(c)(3) general support 5,000
    Chabad-Lubavitch of Maryland Inc
    6701 Old Pimlico Road
    Baltimore,MD21209     		N/A 501(c)(3) general support 9,000
    Chabad of Medford Inc
    21 Chetwynd Road
    Somerville,MA021441217     		N/A 501(c)(3) general support 3,600
    Chai Lifeline
    151 West 30th Street Floor 3
    New York,NY100014007     		N/A 501(c)(3) support for the leadership development program at the Mid-Atlantic regional office 20,000
    The Circus Barn Incorporated
    1 Circus Road
    Greensboro,VT05841     		N/A 501(c)(3) general support 5,000
    COLAB Theater Group
    PO Box 727
    New York,NY101080727     		N/A 501(c)(3) general support 2,500
    Coaching Corps
    310 8th Street Suite 300
    Oakland,CA946074253     		N/A 501(c)(3) support for the coaching program in Baltimore City 3,500
    Committee for Accuracy in Middle East Reporting in America
    PO Box 35040
    Boston,MA02135     		N/A 501(c)(3) general support 5,000
    Community Law Center Inc
    3355 Keswick Road Suite 200
    Baltimore,MD212112601     		N/A 501(c)(3) general support 7,500
    Comprehensive Housing Assistance Inc
    5809 Park Heights Avenue
    Baltimore,MD21215     		N/A 501(c)(3) general support 40,000
    Congregation Ahavas Sholom
    145 Broadway
    Newark,NJ071043840     		N/A 501(c)(3) support for TECH - Knowledge, the technology hub at the Myerberg Senior Center 77,500
    Connecticut College
    270 Mohegan Avenue
    New London,CT063204196     		N/A 501(c)(3) support for the kitchen renovation project and other renovation efforts 25,000
    Deertrees Theatre Limited
    PO Box 577
    Harrison,ME04040     		N/A 501(c)(3) support for the 2019-2020 annual fund 5,000
    Digital Harbor Foundation
    1045 Light Street
    Baltimore,MD212304017     		N/A 501(c)(3) capital support for the Act II Restoration Project 12,500
    Dyslexia Tutoring Program Inc
    The Rotunda Suite 310711 West 40th
    Street
    Baltimore,MD212112109     		N/A 501(c)(3) support for the STEM Summer Maker Camp 15,000
    EDGE Funders Alliance
    Box 55960 29th Street
    San Francisco,CA941104929     		N/A 501(c)(3) support for the summer camp program 2,500
    Elijah Cummings Youth Program in Israel Inc
    5750 Park Heights Avenue
    Baltimore,MD21215     		N/A 501(c)(3) general support 25,000
    EMpower-The Emerging Markets Foundation
    111 John Street Suite 2410
    New York,NY10038     		N/A 501(c)(3) general support 15,000
    Encounter Programs Inc
    25 Broadway Floor 9
    New York,NY10004     		N/A 501(c)(3) general support 7,500
    Enoch Pratt Free Library of Baltimore City
    400 Cathedral Street
    Baltimore,MD212014484     		N/A 501(c)(3) general support 25,000
    Erin Levitas Education Foundation Inc
    8 Reservoir Circle Suite 203
    Baltimore,MD212086324     		N/A 501(c)(3) support for child and teen literacy initiatives 10,000
    The Everyman Theatre Inc
    315 West Fayette Street
    Baltimore,MD212013405     		N/A 501(c)(3) support to pilot a sexual assault prevention curriculum in Baltimore City public schools 35,000
    The Family Tree
    2108 North Charles Street
    Baltimore,MD212185709     		N/A 501(c)(3) support to underwrite the cost of the TRG Arts Revenue Accelerator consultancy 20,000
    Farm & Wilderness Foundation Inc
    263 Farm Wilderness Road
    Plymouth,VT05056     		N/A 501(c)(3) support to upgrade the furniture and fixtures in the community room in the Sherman Family Center 20,000
    Foundation for Baltimore County Public Library
    320 York Road
    Towson,MD212045179     		N/A 501(c)(3) support for scholarships to enable economically disadvantaged children to attend summer camp 4,000
    Fund for Educational Excellence
    800 North Charles Street Suite 400
    Baltimore,MD21201     		N/A 501(c)(3) general support 12,500
    Fund for Global Human Rights
    1301 Connecticut Avenue NW Suite
    400
    Washington,DC20036     		N/A 501(c)(3) general support for CHARM 5,000
    Global Camps Africa
    700 12th Street Suite 88
    Lynchburg,VA24504     		N/A 501(c)(3) general support 8,500
    Global Greengrants Fund
    2840 Wilderness Place Suite A
    Boulder,CO803015414     		N/A 501(c)(3) support for residential camp programs in Africa for children affected by HIV/AIDS 5,000
    Goucher College
    1021 Dulaney Valley Road
    Baltimore,MD212042794     		N/A 501(c)(3) general support 5,000
    Halachic Organ Donor Society
    PO Box 693
    New York,NY101080693     		N/A 501(c)(3) support for the Goucher Prison Education Partnership 10,000
    Har Sinai - Oheb Shalom Congregation
    7310 Park Heights Avenue
    Baltimore,MD21208     		N/A 501(c)(3) general support 20,000
    The Hearing and Speech Agency of Metro Baltimore Inc
    Harry Jeanette Weinberg Building590
    Metro Drive
    Baltimore,MD21215     		N/A 501(c)(3) annual support 20,000
    Helping Up Mission
    1029 East Baltimore Street
    Baltimore,MD212024705     		N/A 501(c)(3) support for the Charitable Care Fund 15,000
    Hide and Seek Foundation
    6475 East Pacific Coast Highway
    Suite 466
    Long Beach,CA90803     		N/A 501(c)(3) general support 5,000
    Higher Achievement Program
    1500 Union Avenue Suite 2600
    Baltimore,MD21211     		N/A 501(c)(3) support for the SOAR/NPC Collaborative 17,500
    Homeless Persons Representation Project
    201 North Charles Street Suite 1104
    Baltimore,MD21201     		N/A 501(c)(3) general support 12,500
    Honest Reporting
    165 East 56th Street 2nd Floor
    New York,NY100222709     		N/A 501(c)(3) support for the Homeless Youth Initiative 5,000
    HopeWell Cancer Support
    PO Box 755
    Brooklandville,MD21022     		N/A 501(c)(3) general support 18,000
    Horizon Day Camp
    8 Market Place Suite 331
    Baltimore,MD21202     		N/A 501(c)(3) general support 10,000
    Institute for Islamic Christian and Jewish Studies Inc
    956 Dulaney Valley Road
    Baltimore,MD212042633     		N/A 501(c)(3) general support, support for the community outreach and education endowment and support for the "Imagining Justice in Baltimore" initiative 87,500
    Interfaith Youth Core
    141 West Jackson Boulevard Suite
    3200
    Chicago,IL60604     		N/A 501(c)(3) support for the annual fund 25,000
    Israel Guide Dog Center for the Blind
    968 Easton Road Suite H
    Warrington,PA18976     		N/A 501(c)(3) general support 15,000
    Itineris Foundation
    2050-A Rockrose Avenue
    Baltimore,MD21211     		N/A 501(c)(3) general support 33,000
    JBI International Inc
    110 East 30th Street
    New York,NY200267375     		N/A 501(c)(3) capital support for the purchase and renovation of the current facility 2,500
    JEWELS Jewish Education Where Every Level Succeeds
    5713-B Park Heights Avenue
    Baltimore,MD212153929     		N/A 501(c)(3) general support 2,500
    Jewish Community Center of Baltimore Inc
    3506 Gwynnbrook Avenue
    Owings Mills,MD21117     		N/A 501(c)(3) general support 48,000
    Jewish Community Foundation of MetroWest New Jersey
    901 Route 10
    Whippany,NJ079811156     		N/A 501(c)(3) support for HaZamir Baltimore for the 2020 season 5,000
    Jewish Teen Advancement Program Inc
    2904 Smith Avenue
    Baltimore,MD21208     		N/A 501(c)(3) support for the Amelia and Ephraim Hirschhorn Senior Adult Jewish Education Program 5,000
    Job Opportunities Task Force Inc
    201 North Charles Street Suite 2404
    Baltimore,MD212014110     		N/A 501(c)(3) general support 15,000
    Junior Achievement of Central Maryland Inc
    10711 Red Run Boulevard Suite 110
    Owings Mills,MD211175138     		N/A 501(c)(3) general support 4,000
    Krieger Schechter Day School
    8100 Stevenson Road
    Baltimore,MD21208     		N/A 501(c)(3) support for summer programming for Baltimore City students, the scholarship endowment fund, and the Community Partnership Programs Initiative 53,500
    The Lambi Fund of Haiti
    1050 Connecticut Avenue NW 10th
    Floor
    Washington,DC20036     		N/A 501(c)(3) support for the annual 8th grade, all-Hebrew musical production 5,000
    Legal Aid Bureau Inc
    500 East Lexington Street
    Baltimore,MD21202     		N/A 501(c)(3) general support 35,000
    Let's Breakthrough Inc
    4 West 43rd Street Suite 715
    New York,NY10036     		N/A 501(c)(3) support for the Lawyer in the Library program in Baltimore County 15,000
    Levindale Auxiliary Inc
    2434 West Belvedere Avenue
    Baltimore,MD21215     		N/A 501(c)(3) general support 2,500
    Libraries Without Borders - US
    1342 Florida Avenue NW
    Washington,DC200094808     		N/A 501(c)(3) general support 15,000
    LifeBridge Health
    2401 West Belvedere Avenue
    Baltimore,MD212155271     		N/A 501(c)(3) support for the Wash and Learn Initiative in Baltimore 2,500
    Literacy Assistance Center Inc
    85 Broad Street 27th Floor
    New York,NY10004     		N/A 501(c)(3) general support through sponsorship of the Race for Our Kids 35,000
    The Literacy Lab
    1400 16th Street NW Suite 410
    Washington,DC20036     		N/A 501(c)(3) general support 20,000
    Marian House
    949 Gorsuch Avenue
    Baltimore,MD212183602     		N/A 501(c)(3) general support for programming in Baltimore City 20,000
    Maryland Book Bank
    1794 Union Avenue
    Baltimore,MD21211     		N/A 501(c)(3) support to upgrade the HVAC system in one of the transitional housing sites 15,000
    Maryland Family Network Inc
    1001 Eastern Avenue 2nd Floor
    Baltimore,MD212024325     		N/A 501(c)(3) general support 10,000
    Maryland Food Bank Inc
    2200 Halethorpe Farms Road
    Baltimore,MD212270000     		N/A 501(c)(3) general support 30,000
    The Maryland School for the Blind
    3501 Taylor Avenue
    Baltimore,MD212364499     		N/A 501(c)(3) general support 2,500
    Meals on Wheels of Central Maryland Inc
    515 South Haven Street
    Baltimore,MD212244239     		N/A 501(c)(3) support for the Jana Goshen McGeachy Fund 17,500
    Medical Education Resources Initiative for Teens Inc
    Mason F Lord Center Tower Suite
    3855200 Eastern Avenue
    Baltimore,MD21224     		N/A 501(c)(3) general support 12,500
    Morningside Center for Teaching Social Responsibility
    475 Riverside Drive Suite 550
    New York,NY10115     		N/A 501(c)(3) support for the Summer Internship program 15,000
    Moveable Feast
    PO Box 2298
    Baltimore,MD212032298     		N/A 501(c)(3) general support 15,000
    My Sister's Circle
    PO Box 84
    Timonium,MD21094     		N/A 501(c)(3) general support 7,500
    North American Friends of Oranim Inc
    1111 East Fairy Chasm Road
    Milwaukee,WI532171427     		N/A 501(c)(3) general support 18,000
    North Star Fund
    520 Eighth Avenue Floor 22
    New York,NY10018     		N/A 501(c)(3) support for the Galilee Dreamers program 10,000
    Ohr Torah Stone Institutions of Israel
    49 West 45th Street Suite 701
    New York,NY10036     		N/A 501(c)(3) general support 5,000
    The Park School
    2425 Old Court Road
    Baltimore,MD212083430     		N/A 501(c)(3) general support 91,000
    Partners in Care
    8151-C Ritchie Highway
    Pasadena,MD211223940     		N/A 501(c)(3) support for the 2018-2019 Annual Fund through the Trustees' Matching Fund 15,000
    Paul's Place Inc
    1118 Ward Street
    Baltimore,MD21230     		N/A 501(c)(3) support for the Ride Partners program 50,000
    Penn Hillel (1)
    215 South 39th Street
    Philadelphia,PA19104     		N/A 501(c)(3) capital support for the construction of a culinary arts training facility 20,000
    Planned Parenthood of Maryland
    330 North Howard Street
    Baltimore,MD212013610     		N/A 501(c)(3) support for Penn Hillel 15,000
    Professional Development & Training Center Inc
    Maryland Bar Center 4th Floor520
    West Fayette Street
    Baltimore,MD21201     		N/A 501(c)(3) support for Education and Training programs for young people 5,000
    READ Global
    PO Box 29286
    San Francisco,CA941290286     		N/A 501(c)(3) support for the Law Links 2019 High School Summer Internship program 4,000
    Reading Partners
    180 Grand Avenue Suite 800
    Oakland,CA94612     		N/A 501(c)(3) general support 20,000
    The Red Devils
    PO Box 36291
    Towson,MD21286     		N/A 501(c)(3) support to offer reading tutoring in Baltimore City public schools 4,000
    Rosedale Freedom Project
    705 Front StreetPO Box 21
    Rosedale,MS387690021     		N/A 501(c)(3) general support 7,260
    Shoresh Inc
    3723 Old Court Road Suite 206
    Baltimore,MD21208     		N/A 501(c)(3) support to facilitate dialogue between Park School students and Freedom Fellows 17,500
    Sisterhood of Salaam Shalom
    PO Box 7117
    North Brunswick,NJ088521909     		N/A 501(c)(3) support for scholarships to enable disadvantaged children to attend camp 30,000
    South Baltimore Learning Center
    28 East Ostend Street
    Baltimore,MD212304209     		N/A 501(c)(3) general support 35,000
    Springboard Collaborative
    1500 John F Kennedy Boulevard Suite
    1160
    Philadelphia,PA191021710     		N/A 501(c)(3) general support 25,000
    St Paul's School
    11152 Falls RoadPO Box 8100
    Brooklandville,MD210228100     		N/A 501(c)(3) support for Springboard Summer in Baltimore 20,000
    Strong City Baltimore Inc
    2101 East Biddle Street
    Baltimore,MD21213     		N/A 501(c)(3) support for the Bridges program 95,000
    Thread Inc
    PO Box 1584
    Baltimore,MD21203     		N/A 501(c)(3) support for the Adult Learning Center, including one-time support for moving assistance 7,500
    University of Maryland Baltimore Foundation Inc
    Office of Philanthropy220 Arch
    Street 14th Floor
    Baltimore,MD21201     		N/A 501(c)(3) support for the Adult Learning Center, including one-time support for moving assistance 5,000
    Usher 1F Collaborative Inc
    321 Walnut Street 228
    Newtonville,MA024601927     		N/A 501(c)(3) general support 7,000
    The Village Learning Place Inc
    2521 St Paul Street
    Baltimore,MD21218     		N/A 501(c)(3) support for the Social Worker in the Library program 5,000
    Winnebago Alumni Association
    401 Saint Christopher Rd
    Richmond,VA232262723     		N/A 501(c)(3) support to fund research for a cure for Usher Syndrome Type 1F 7,000
    WITNESS
    80 Hanson Place 5th Floor
    Brooklyn,NY11217     		N/A 501(c)(3) general support 42,500
    The Women's Housing Coalition
    119 East 25th Street
    Baltimore,MD212185232     		N/A 501(c)(3) support for scholarships for minority campers 10,000
    Women's Law Center Inc
    305 West Chesapeake Avenue Suite
    201
    Towson,MD212045362     		N/A 501(c)(3) general support 10,000
    Yiddish Book Center
    Harry and Jeanette Weinberg
    Building1021 West Street
    Amherst,MA010023375     		N/A 501(c)(3) general support 37,500
    Young Audiences of Maryland Inc
    2600 North Howard Street Suite 1300
    Baltimore,MD212184888     		N/A 501(c)(3) general support 15,000
    Your Public Radio Corporation
    2216 North Charles Street
    Baltimore,MD212185715     		N/A 501(c)(3) support for the final phase of the Yiddish Optical Character Recognition project 10,000
    Total .................................bullet 3a 2,223,360
    bApproved for future payment
    The Associated Jewish Community Federation of Baltimore Inc
    101 West Mount Royal Avenue
    Baltimore,MD212015781     		N/A 501(c)(3) support for the four Hillel campus programs in the Baltimore metropolitan area 10,000
    Baltimore Bar Foundation Inc
    111 North Calvert Street Suite 631
    Baltimore,MD21202     		N/A 501(c)(3) support for the Senior Legal Services program 12,500
    CASA of Baltimore County Inc
    305 West Chesapeake Avenue Suite
    117
    Towson,MD212044435     		N/A 501(c)(3) general support 10,000
    Community Law Center Inc
    3355 Keswick Road Suite 200
    Baltimore,MD212112601     		N/A 501(c)(3) general support 5,000
    Congregation Ahavas Sholom
    145 Broadway
    Newark,NJ071043840     		N/A 501(c)(3) annual support 5,000
    Farm & Wilderness Foundation Inc
    263 Farm Wilderness Road
    Plymouth,VT05056     		N/A 501(c)(3) support for scholarships to enable economically disadvantaged children to attend summer camp 20,000
    Fund for Educational Excellence
    800 North Charles Street Suite 400
    Baltimore,MD21201     		N/A 501(c)(3) general support for CHARM 12,500
    Jewish Community Foundation of MetroWest New Jersey
    901 Route 10
    Whippany,NJ079811156     		N/A 501(c)(3) supplementary support for the Amelia and Ephraim Hirschhorn Senior Adult Jewish Education Program 10,000
    Krieger Schechter Day School
    8100 Stevenson Road
    Baltimore,MD21208     		N/A 501(c)(3) support for the scholarship endowment fund 36,000
    Libraries Without Borders - US
    1342 Florida Avenue NW
    Washington,DC200094808     		N/A 501(c)(3) support for the Wash and Learn Initiative in Baltimore 15,000
    Maryland Food Bank Inc
    2200 Halethorpe Farms Road
    Baltimore,MD212270000     		N/A 501(c)(3) general support 30,000
    Medical Education Resources Initiative for Teens Inc
    Mason F Lord Center Tower Suite
    3855200 Eastern Avenue
    Baltimore,MD21224     		N/A 501(c)(3) support for the Summer Internship program 12,500
    The Park School
    2425 Old Court Road
    Baltimore,MD212083430     		N/A 501(c)(3) support for the 2019-2020 Annual Fund through the Trustees' Matching Fund 10,000
    Sisterhood of Salaam Shalom
    PO Box 7117
    North Brunswick,NJ088521909     		N/A 501(c)(3) general support 30,000
    South Baltimore Learning Center
    28 East Ostend Street
    Baltimore,MD212304209     		N/A 501(c)(3) general support 35,000
    Strong City Baltimore Inc
    2101 East Biddle Street
    Baltimore,MD21213     		N/A 501(c)(3) support for the Adult Learning Center, including one-time support for moving assistance 25,000
    Yiddish Book Center
    Harry and Jeanette Weinberg
    Building1021 West Street
    Amherst,MA010023375     		N/A 501(c)(3) support for the final phase of the Yiddish Optical Character Recognition project 37,500
    Total .................................bullet 3b 316,000
    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 ...........     		    14 802  
    4 Dividends and interest from securities....     14 814,303  
    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.....     14 8,057  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 1,484,453  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aAxiom Asia II     		900000   18 -13,668  
    bAxiom Asia IV 900000 -4 18 -11,774  
    cBook to Tax Adjustment     18 471,015  
    dCenterbridge R/E Associates 900000   18 -27,276  
    eHarrison Street V 900000   18 -6,931  
    fMadison Int'l RE Fd VI 900000   18 75,939  
    gMalachite Capital 900000   18 1,679  
    hMesirow Financial Private 900000 16,670 18 -25,558  
    iOcean Avenue Fund III 900000 -47,304 18 -11,166  
    jPEP V 900000 19 18 159  
    kPerennial Real Estate Fd 900000 9,340 18 -2,679  
    lPrime Finance IV 900000   18 -394  
    mRenaissance Insitutional Equities 900000   18 -31,378  
    nTaconic CRE Dislocation 900000   18 -19,369  
    oVIA VII-VA, LP 900000   18 -13,609  
    pW Capital Partners 900000 1,525 18 -9,761  
    qCPREF AIV I 900000 -120 18 -2,303  
    rCPREF AIV II 900000   18 -151  
    sCPREF AIV III 900000   18 -1,837  
    tCPREF Cayman LP 900000 3,513 18 -2,423  
    12 Subtotal. Add columns (b), (d), and (e).. -19,730 2,675,550 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,655,820
    (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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