-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
THIRD FEDERAL FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)
7007 BROADWAY AVENUE
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CLEVELAND
,
OH
441051441
A Employer identification number
20-8467212
B
Telephone number (see instructions)
(216) 641-7270
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
55,341,963
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
418
2
Check
.............
3
Interest on savings and temporary cash investments
1,535
1,535
4
Dividends and interest from securities
...
2,424,964
2,424,964
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
995,780
b
Gross sales price for all assets on line 6a
7,761,888
7
Capital gain net income (from Part IV, line 2)
...
995,780
8
Net short-term capital gain
.........
9
Income modifications
...........
300,000
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)
.......
3,828
3,828
12
Total.
Add lines 1 through 11
........
3,426,525
3,426,107
300,000
13
Compensation of officers, directors, trustees, etc.
802,822
0
802,822
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
119,400
0
119,400
16a
Legal fees (attach schedule)
.........
2,484
0
2,484
b
Accounting fees (attach schedule)
.......
c
Other professional fees (attach schedule)
....
42,245
42,245
0
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
67,456
4,205
28,251
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
21,399
0
21,399
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
19,448
0
18,622
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
1,075,254
46,450
992,978
25
Contributions, gifts, grants paid
.......
4,171,534
4,171,534
26
Total expenses and disbursements.
Add lines 24 and 25
5,246,788
46,450
5,164,512
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-1,820,263
b
Net investment income
(if negative, enter -0-)
3,379,657
c
Adjusted net income
(if negative, enter -0-)
...
300,000
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
2,968
2
Savings and temporary cash investments
.........
769,937
1,304,601
1,304,601
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
15,401,040
14,845,490
29,215,924
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
24,599,896
23,103,487
24,821,438
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
300,000
0
0
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
41,073,841
39,253,578
55,341,963
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
.........
0
0
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
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
41,073,841
39,253,578
29
Total net assets or fund balances
(see instructions)
.....
41,073,841
39,253,578
30
Total liabilities and net assets/fund balances
(see instructions)
.
41,073,841
39,253,578
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
41,073,841
2
Enter amount from Part I, line 27a
.....................
2
-1,820,263
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
39,253,578
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
39,253,578
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
FIDELITY - 656-193119
P
2019-12-31
b
FIDELITY - 656-193119
P
2019-12-31
c
FIDELITY - 656-193119 (WASH SALES)
P
2019-12-31
d
FIDELITY - 676-020591
P
2019-12-31
e
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
1,369,064
1,377,528
-8,464
b
5,161,251
4,833,030
328,221
c
2,170
2,170
d
1,035,023
555,550
479,473
e
194,380
194,380
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
-8,464
b
328,221
c
2,170
d
479,473
e
194,380
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
995,780
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
Yes
No
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1
Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018
5,104,985
51,132,870
0.099838
2017
4,460,321
54,816,034
0.081369
2016
4,036,275
58,370,718
0.069149
2015
3,871,685
57,737,834
0.067056
2014
2,934,048
53,397,848
0.054947
2
Total
of line 1, column (d)
.....................
2
0.372359
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
0.074472
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
52,176,561
5
Multiply line 4 by line 3
......................
5
3,885,693
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
33,797
7
Add lines 5 and 6
........................
7
3,919,490
8
Enter qualifying distributions from Part XII, line 4
,.............
8
5,164,512
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Domestic foundations that meet the section 4940(e) requirements in Part V, check
1
33,797
here
and enter 1% of Part I, line 27b
...................
c
All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
2
0
3
Add lines 1 and 2
...........................
3
33,797
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
33,797
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
19,399
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
42,000
d
Backup withholding erroneously withheld
...........
6d
0
7
Total credits and payments. Add lines 6a through 6d
..............
7
61,399
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
374
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
27,228
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
27,228
Refunded
11
0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition)
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
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)
OH
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
WWW.GUIDESTAR.COM
14
The books are in care of
KURT KARAKUL PRESIDENT
Telephone no.
(216) 641-7270
Located at
7007 BROADWAY AVENUE
CLEVELAND
OH
ZIP+4
44105
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1)
Engage in the sale or exchange, or leasing of property with a disqualified person?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
...............
Yes
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
.......
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
........
1b
Organizations relying on a current notice regarding disaster assistance check here
........
c
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2019?
.............
1c
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2019.)
..................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
b
If any answer is "Yes" to 5a(1)–(5), did
any
of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions
......
5b
Organizations relying on a current notice regarding disaster assistance check here
.........
c
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant?
..........
Yes
No
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.....................
Yes
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
Yes
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.................
Yes
No
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1
List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a)
Name and address
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(If not paid, enter
-0-)
(d)
Contributions to employee benefit plans and deferred compensation
(e)
Expense account,
other allowances
MARC A STEFANSKI
CEO & DIRECTOR
5.00
0
0
0
7007 BROADWAY AVENUE
CLEVELAND
,
OH
44105
KURT KARAKUL
PRESIDENT
40.00
577,559
85,369
3,965
7007 BROADWAY AVENUE
CLEVELAND
,
OH
44105
NANCY COX
SECRETARY
5.00
0
0
0
7007 BROADWAY AVENUE
CLEVELAND
,
OH
44105
ROBERT A FIALA
DIRECTOR
5.00
0
0
0
7007 BROADWAY AVENUE
CLEVELAND
,
OH
44105
JOHN MARINO
DIRECTOR
5.00
0
0
0
7007 BROADWAY AVENUE
CLEVELAND
,
OH
44105
SARAH GROSSO
TREASURER
5.00
0
0
0
7007 BROADWAY AVENUE
CLEVELAND
,
OH
44105
EMILY THOME
OFFICER
40.00
225,263
34,031
913
7007 BROADWAY AVENUE
CLEVELAND
,
OH
44105
2
Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a)
Name and address of each employee paid more than $50,000
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(d)
Contributions to
employee benefit
plans and deferred
compensation
(e)
Expense account,
other allowances
NONE
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
NONE
Total
number of others receiving over $50,000 for professional services
.............
0
Part IX-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1
2
3
4
Part IX-B
Summary of Program-Related Investments
(see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
1
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
8
Part X
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
52,394,079
b
Average of monthly cash balances
.......................
1b
577,049
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
52,971,128
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
52,971,128
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
794,567
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
52,176,561
6
Minimum investment return.
Enter 5% of line 5
..................
6
2,608,828
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
2,608,828
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
33,797
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
33,797
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
2,575,031
4
Recoveries of amounts treated as qualifying distributions
................
4
300,000
5
Add lines 3 and 4
............................
5
2,875,031
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
2,875,031
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
5,164,512
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
5,164,512
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
33,797
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
5,130,715
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
2,875,031
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
......
c
From 2016
......
592,894
d
From 2017
......
1,756,693
e
From 2018
......
2,593,123
f
Total
of lines 3a through e
........
4,942,710
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
5,164,512
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
.....
2,875,031
e
Remaining amount distributed out of corpus
2,289,481
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).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
7,232,191
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
0
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
0
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
0
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
0
8
Excess distributions carryover from 2014 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
7,232,191
10
Analysis of line 9:
a
Excess from 2015
....
b
Excess from 2016
....
592,894
c
Excess from 2017
....
1,756,693
d
Excess from 2018
....
2,593,123
e
Excess from 2019
....
2,289,481
Form
990-PF
(2019)
Form 990-PF (2019)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2019
(b)
2018
(c)
2017
(d)
2016
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
d
Amounts included in line 2c not used directly
for active conduct of exempt activities
..........
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part X, line 6 for each year listed
...
c
“Support" alternative test—enter:
(1)
Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
....
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
(3)
Largest amount of support
from an exempt organization
(4)
Gross investment income
Part XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
b
List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
THIRD FEDERAL FOUNDATION CO KURT KA
7007 BROADWAY AVENUE
CLEVELAND
,
OH
441051441
(216) 641-7270
b
The form in which applications should be submitted and information and materials they should include:
APPLICATIONS SHOULD BE SUBMITTED IN WRITTEN FORM AND INCLUDE INFORMATION CONCERNING THE NATURE OF THE REQUEST, THE CHARITABLE OR EDUCATIONAL PURPOSE FOR WHICH THE GRANT WILL BE UTILIZED, AND INFORMATIN CONCERNING THE REQUESTING ORGANIZATION'S CHARITABLE AND/OR EDUCATIONAL PROGRAMS.
c
Any submission deadlines:
THERE ARE NO SUBMISSION DEADLINES. THE FOUNDATION WILL EVALUATE REQUESTS IN A TIMELY MANNER.
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GRANTS ARE RESTRICTED TO ORGANIZATIONS OPERATING CHARITABLE AND EDUCATIONAL PROGRAMS THAT QUALIFY AS SECTION 501(C)(3) ORGANIZATIONS. THE FOUNDATION GENERALLY WILL PROVIDE GRANTS WITH RESPECT TO COMMUNITY DEVELOPMENT, AND THE FOUNDATION SUPPORTS VARIOUS PROGRAMS FOR THE REDEVELOPMENT OF ECONOMICALLY DEPRESSED AREAS AND NEIGHBORHOODS, INCLUDING THE AREA NEAR THE OFFICES OF THIRD FEDERAL. THE SECOND SUCH AREA OF EMPHASIS IS EDUCATION WHERE THE FOUNDATION SUPPORTS VARIOUS INITIATIVES AT THE PRIMARY, SECONDARY AND POST SECONDARY LEVELS WHICH RAISE THE ASPRIATIONS OF STUDENTS IN THE COMMUNITY AND PROGRAMS THAT ENHANCE KNOWLEDGE IN SPECIFIC AREAS SUCH AS ECONOMICS, COMMUNICATIONS, BUSINESS, AND PUBLIC SPEAKING AS WELL AS INITIATIVES THAT ENHANCE THE DISSEMINATION OF INFORMATION NECESSARY TO SUPPORT EDUCATION.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
11
Part XV
Supplementary Information
(continued)
3
Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
ALBERT BUSHNELL HART ELEMENTARY
3900 E 75TH ST
CLEVELAND
,
OH
44105
NONE
501(C)(3)
CHARITABLE PURPOSE
1,000
AMERICA SCORES CLEVELAND
1422 EUCLID AVENUE STE 708
CLEVELAND
,
OH
44115
NONE
501(C)(3)
CHARITABLE PURPOSE
85,000
AMERICAN CANCER SOCIETY-PAN OHIO HOPE RIDE
10501 EUCLID AVENUE
CLEVELAND
,
OH
44106
NONE
501(C)(3)
CHARITABLE PURPOSE
500
ANOTHER CHANCE OF OHIO
2974 E 65TH ST
CLEVELAND
,
OH
44127
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
BLESSING HOUSE
5440 GROVE AVE
LORAIN
,
OH
440553601
NONE
501(C)(3)
CHARITABLE PURPOSE
500
BORDERLIGHT CLEVELAND
11549 MAYFIELD RD
CLEVELAND
,
OH
44106
NONE
501(C)(3)
CHARITABLE PURPOSE
5,000
BOY SCOUTS OF AMERICA
10078 READING RD
CINCINNATI
,
OH
452414833
NONE
501(C)(3)
CHARITABLE PURPOSE
280
BOYS AND GIRLS CLUB OF CLEVELAND
6114 BROADWAY AVENUE
CLEVELAND
,
OH
44127
NONE
501(C)(3)
CHARITABLE PURPOSE
190,000
BOYS HOPE GIRLS HOPE
9619 GARFIELD BLVD
CLEVELAND
,
OH
44125
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
BROADWAY SCHOOL OF MUSIC & THE ARTS
5415 BROADWAY AVE
CLEVELAND
,
OH
44127
NONE
501(C)(3)
CHARITABLE PURPOSE
15,000
BURTEN BELL CARR DEVELOPMENT INC
7201 KINSMAN RD 104
CLEVELAND
,
OH
44120
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
CASE WESTERN RESERVE UNIVERSITY
10900 EUCLID AVENUE
CLEVELAND
,
OH
44106
NONE
501(C)(3)
CHARITABLE PURPOSE
907,500
CEDAR HILL BAPTIST CHURCH & SCHOOL
12601 CEDAR RD
CLEVELAND
,
OH
44106
NONE
501(C)(3)
CHARITABLE PURPOSE
5,000
CELEBRATE THE ARTS PERFORMANCE ACADEMY
1853 ALVASON RD E
CLEVELAND
,
OH
441124730
NONE
501(C)(3)
CHARITABLE PURPOSE
20,000
CENTER FOR ARTS INSPIRED LEARNING
13110 SHAKER SQUARE STE C203
CLEVELAND
,
OH
44120
NONE
501(C)(3)
CHARITABLE PURPOSE
25,000
CHAMBERFEST CLEVELAND
20620 NORTH PARK BLVD STE 217
CLEVELAND
,
OH
44118
NONE
501(C)(3)
CHARITABLE PURPOSE
3,500
CHN HOUSING PARTNERS
2999 PAYNE AVENUE STE 306
CLEVELAND
,
OH
44114
NONE
501(C)(3)
CHARITABLE PURPOSE
25,000
CITY CLUB OF CLEVELAND
850 EUCLID AVE 2ND FLOOR
CLEVELAND
,
OH
441143306
NONE
501(C)(3)
CHARITABLE PURPOSE
4,100
CITY MUSIC CLEVELAND
PO BOX 1930
CLEVELAND
,
OH
44106
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
CITY YEAR INC
526 SUPERIOR AVE E
CLEVELAND
,
OH
44114
NONE
501(C)(3)
CHARITABLE PURPOSE
135,630
CLEARWATER NEIGHBORHOOD HOUSING SERVICES
608 N GARDEN AVE
CLEARWATER
,
FL
337553826
NONE
501(C)(3)
CHARITABLE PURPOSE
25,000
CLEVELAND ARTS PRIZE
PO BOX 21126
CLEVELAND
,
OH
441210126
NONE
501(C)(3)
CHARITABLE PURPOSE
2,500
CLEVELAND CENTRAL CATHOLIC HIGH SCHOOL
6550 BAXTER AVENUE
CLEVELAND
,
OH
44105
NONE
501(C)(3)
CHARITABLE PURPOSE
285,185
CLEVELAND CLINIC FOUNDATION
6801 BRECKSVILLE RD NO RK1-85
INDEPENDENCE
,
OH
441315032
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
CLEVELAND CULTURAL GARDENS FEDERATION
10823 MAGNOLIA DR
CLEVELAND
,
OH
44106
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
CLEVELAND DIVISION OF POLICE
600 SUPERIOR AVE E
CLEVELAND
,
OH
441142614
NONE
501(C)(3)
CHARITABLE PURPOSE
500
CLEVELAND FOUNDATION
1422 EUCLID AVENUE STE 1300
CLEVELAND
,
OH
44115
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
CLEVELAND INSTITUTE OF ART
11141 EAST BLVD
CLEVELAND
,
OH
44106
NONE
501(C)(3)
CHARITABLE PURPOSE
2,500
CLEVELAND INTERNATIONAL FILM FESTIVAL
2510 MARKET AVENUE
CLEVELAND
,
OH
44113
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
CLEVELAND LEADERSHIP CENTER
ONE CLEVELAND CENTRE 1375 EAST
NINTH ST
CLEVELAND
,
OH
44114
NONE
501(C)(3)
CHARITABLE PURPOSE
5,000
CLEVELAND METROPARKS
4101 FULTON PARKWAY
CLEVELAND
,
OH
44144
NONE
501(C)(3)
CHARITABLE PURPOSE
2,100
CLEVELAND MUSUEM NATURAL HISTORY
1 WADE OVAL DR
CLEVELAND
,
OH
44106
NONE
501(C)(3)
CHARITABLE PURPOSE
25,000
CLEVELAND PUBLIC LIBRARY
325 SUPERIOR AVE
CLEVELAND
,
OH
44114
NONE
501(C)(3)
CHARITABLE PURPOSE
7,500
COLLEGE NOW GREATER CLEVELAND
230 W HURON RD
CLEVELAND
,
OH
44113
NONE
501(C)(3)
CHARITABLE PURPOSE
30,000
COMMUNITY ASSESSMENT & TREATMENT SVCS
8411 BROADWAY AVENUE
CLEVELAND
,
OH
44105
NONE
501(C)(3)
CHARITABLE PURPOSE
5,000
COMMUNITY OF FAITH ASSEMBLY
5949 ENGEL AVE
CLEVELAND
,
OH
441271726
NONE
501(C)(3)
CHARITABLE PURPOSE
20,000
DAILY DOSE OF READING
2054 S GREEN RD
SOUTH EUCLID
,
OH
441214243
NONE
501(C)(3)
CHARITABLE PURPOSE
15,000
EMPOWERING YOUTH EXPLORING JUSTICE
3535 PERKINS AVE
CLEVELAND
,
OH
44114
NONE
501(C)(3)
CHARITABLE PURPOSE
15,000
ENTERPRISE COMMUNITY PARTNERS
1360 E NINTH ST STE 510
CLEVELAND
,
OH
44114
NONE
501(C)(3)
CHARITABLE PURPOSE
35,000
ESOP
183 W MARKET ST
WARREN
,
OH
44481
NONE
501(C)(3)
CHARITABLE PURPOSE
125,000
ESPERANZA INC
3104 W 25TH ST 4TH FLOOR
CLEVELAND
,
OH
44109
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
FAMILY CONNECTIONS
19824 SUSSEX RD
SHAKER HTS
,
OH
44122
NONE
501(C)(3)
CHARITABLE PURPOSE
75,000
FATIMA FAMILY CENTER
6600 LEXINTON AVE
CLEVELAND
,
OH
44103
NONE
501(C)(3)
CHARITABLE PURPOSE
1,050
FIRST TEE OF CLEVELAND
3841 WASHINGTON PARK BLVD
NEWBURGH HEIGHTS
,
OH
441053178
NONE
501(C)(3)
CHARITABLE PURPOSE
30,000
FOUNTAIN OF GRACE OUTREACH MINITRIES
5949 ENGEL STREET
EAST CLEVELAND
,
OH
44127
NONE
501(C)(3)
CHARITABLE PURPOSE
3,000
FUND FOR OUR ECONOMIC FUTURE
1360 EAST NINTH STREET STE 210
CLEVELAND
,
OH
44114
NONE
501(C)(3)
CHARITABLE PURPOSE
50,000
GILMOUR ACADEMY
43001 CEDAR RD
GATES MILLS
,
OH
44040
NONE
501(C)(3)
CHARITABLE PURPOSE
60,000
GIRLS ON THE RUN NORTHEAST OHIO
8929 BRECKSVILLE RD
BRECKSVILLE
,
OH
44141
NONE
501(C)(3)
CHARITABLE PURPOSE
12,500
GLORIA POINTER TEEN MOVEMENT
1366 E 114TH ST
CLEVELAND
,
OH
44106
NONE
501(C)(3)
CHARITABLE PURPOSE
5,000
HELP
26900 EUCLID AVE
EUCLID
,
OH
44132
NONE
501(C)(3)
CHARITABLE PURPOSE
5,000
HARMONY HOUSE
124 W 3RD ST
MANSFIELD
,
OH
44902
NONE
501(C)(3)
CHARITABLE PURPOSE
5,000
HISPANIC ROUNDTABLE
127 PUBLIC SQUARE STE 2000
CLEVELAND
,
OH
44114
NONE
501(C)(3)
CHARITABLE PURPOSE
2,500
HISPANIC UNITY OF FLA
5840 JOHNSON ST
HOLLYWOOD
,
FL
33021
NONE
501(C)(3)
CHARITABLE PURPOSE
15,000
HOUSING AND EDUCATION ALLIANCE INC
9215 N FLORIDA AVE STE 104
TAMPA
,
FL
336127938
NONE
501(C)(3)
CHARITABLE PURPOSE
25,000
HOUSING FOUNDATION OF AMERICA
2400 N UNIVERSITY DR
PEMBROKE PRINES
,
FL
33024
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
HUNTINGTON DISEASE SOCIETY OF AMERICA
1350 EUCLID AVE STE 1400
CLEVELAND
,
OH
441151830
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
IBH ADDICTION RECOVERY CENTER
3445 S MAIN ST
AKRON
,
OH
44319
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
IMMACULATE HEART OF MARY CHURCH
1905 PORTAGE TRAIL
CUYAHOGA FALLS
,
OH
44223
NONE
501(C)(3)
CHARITABLE PURPOSE
1,000
INGENUITY
5401 HAMILTON AVE
CLEVELAND
,
OH
44114
NONE
501(C)(3)
CHARITABLE PURPOSE
5,000
INTERNATIONAL COMMUNITY COUNCIL - WORLDWIDE INTERCULTURAL NETWORK
PO BOX 20272
CLEVELAND
,
OH
441200272
NONE
501(C)(3)
CHARITABLE PURPOSE
1,000
JENNINGS CENTER FOR OLDER ADULTS
10204 GRANGER ROAD
GARFIELD HEIGHTS
,
OH
44125
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
JONES ROAD DEVELOPMENT CORP
8000 JONES ROAD
CLEVELAND
,
OH
44105
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
KENYON COLLEGE
WIGGINS ST
GAMBIER
,
OH
43022
NONE
501(C)(3)
CHARITABLE PURPOSE
5,000
KEVIN WILLIAMS MEMORIAL FOUNDATION
PO BOX 1118
SHOREHAM
,
NY
11786
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
KIWANIS CLUB
22368 LORAIN RD
CLEVELAND
,
OH
44126
NONE
501(C)(3)
CHARITABLE PURPOSE
300
LARCHMERE PORCHFEST
12800 LARCHMERE
CLEVELAND
,
OH
44120
NONE
501(C)(3)
CHARITABLE PURPOSE
2,000
LEGAL AID SOCIETY OF CLEVELAND
1223 WEST SIXTH AVENUE
CLEVELAND
,
OH
44113
NONE
501(C)(3)
CHARITABLE PURPOSE
100,000
LEUKEMIA & LYMPHOMA SOCIETY
3 INTERNATIONAL DRIVE STE 200
RYE BROOK
,
NY
10573
NONE
501(C)(3)
CHARITABLE PURPOSE
500
LEXINGTON BELL COMMUNITY CENTER
7724 LEXINGTON AVE
CLEVELAND
,
OH
44103
NONE
501(C)(3)
CHARITABLE PURPOSE
1,000
LIFE FOUNDATION
1720 S OCEAN BLVD
MANALAPAN
,
FL
33462
NONE
501(C)(3)
CHARITABLE PURPOSE
12,000
LUTHERAN METROPOLITAN MINISTRY
4515 SUPERIOR AVE
CLEVELAND
,
OH
44103
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
METRO CATHOLIC SCHOOL
3555 W 54TH STREET
CLEVELAND
,
OH
44102
NONE
501(C)(3)
CHARITABLE PURPOSE
5,000
METROHEALTH FOUNDATION INC
2500 METROHEALTH DR
CLEVELAND
,
OH
441091998
NONE
501(C)(3)
CHARITABLE PURPOSE
33,000
MILES PARK SCHOOL
4090 E 93RD ST
CLEVELAND
,
OH
44105
NONE
501(C)(3)
CHARITABLE PURPOSE
1,000
MOTOGO
5401 HAMILTON AVE
CLEVELAND
,
OH
44114
NONE
501(C)(3)
CHARITABLE PURPOSE
2,500
MUSICAL THEATER PROJECT
5755 GRANGER RD
INDEPENDENCE
,
OH
44131
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
NATURE CENTER AT SHAKER LAKES
2600 S PARK BLVD
CLEVELAND
,
OH
44120
NONE
501(C)(3)
CHARITABLE PURPOSE
35,000
NEAR WEST THEATRE
3606 BRIDGE AVE
CLEVELAND
,
OH
44113
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
NEIGHBORHOOD SOLUTIONS
PO BOX 6031053
CLEVELAND
,
OH
44103
NONE
501(C)(3)
CHARITABLE PURPOSE
25,000
NEW DIRECTIONS INC
30800 CHAGRIN BLVD
PEPPER PIKE
,
OH
44124
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
NORTH UNION FARMERS MARKET
13111 SHAKER SQ STE 301
CLEVELAND
,
OH
441202345
NONE
501(C)(3)
CHARITABLE PURPOSE
2,000
OPEN DOOR ACADEMY
3311 PERKINS AVE 200
CLEVELAND
,
OH
44114
NONE
501(C)(3)
CHARITABLE PURPOSE
50,000
PANCREATIC CANCER ACTION NETWORK
1500 ROSECRANS AVE STE 200
MANHATTAN BEACH
,
CA
90266
NONE
501(C)(3)
CHARITABLE PURPOSE
1,000
PARTNERSHIP FOR SAFER CLEVELAND
614 W SUPERIOR AVE STE 852
CLEVELAND
,
OH
44113
NONE
501(C)(3)
CHARITABLE PURPOSE
25,000
PC FOR PEOPLE
6005 FRANCIS AVE
CLEVELAND
,
OH
44127
NONE
501(C)(3)
CHARITABLE PURPOSE
30,000
POLISH AMERICAN CULTURAL CENTER
6501 LANSING AVE
CLEVELAND
,
OH
44105
NONE
501(C)(3)
CHARITABLE PURPOSE
6,260
PRE4CLE
6393 OAK TREE BLVD
INDEPENDENCE
,
OH
44131
NONE
501(C)(3)
CHARITABLE PURPOSE
1,000
PROGRESS WITH CHESS
12200 FAIRHILL RD STE D230
CLEVELAND
,
OH
44120
NONE
501(C)(3)
CHARITABLE PURPOSE
6,000
PROGRESSIVE ARTS ALLIANCE
3311 PERKINS AVE SUITE 300
CLEVELAND
,
OH
44114
NONE
501(C)(3)
CHARITABLE PURPOSE
30,000
RHONDAS KISS
7007 BROADWAY AVE
CLEVELAND
,
OH
441051441
NONE
501(C)(3)
CHARITABLE PURPOSE
25,000
SAY YES TO EDUCATION
325 SUPERIOR AVE RM 38
CLEVELAND
,
OH
44114
NONE
501(C)(3)
CHARITABLE PURPOSE
200,000
SEEDS OF LITERACY
3104 W 25TH STREET 3RD FLOOR
CLEVELAND
,
OH
44109
NONE
501(C)(3)
CHARITABLE PURPOSE
3,000
SHRINE OF ST STANISLAUS CHURCH
3649 E 65TH ST
CLEVELAND
,
OH
44105
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
SLAVIC VILLAGE DEVELOPMENT
5620 BROADWAY AVE SUITE 200
CLEVELAND
,
OH
44127
NONE
501(C)(3)
CHARITABLE PURPOSE
264,945
SOULCRAFT CLEVELAND
5401 HAMILTON AVE
CLEVELAND
,
OH
44114
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
ST JUDE CHILDREN'S HOSPITAL
7211 BROADWAY AVE
CLEVELAND
,
OH
44105
NONE
501(C)(3)
CHARITABLE PURPOSE
1,000
ST MARTIN DEPORRES
611 LAUSCHE AVE
CLEVELAND
,
OH
44103
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
STELLA MARIS
1320 WASHINGTON AVE
CLEVELAND
,
OH
44113
NONE
501(C)(3)
CHARITABLE PURPOSE
2,500
SUMMER ON THE CUYAHOGA
PO BOX 110662
CLEVELAND
,
OH
44111
NONE
501(C)(3)
CHARITABLE PURPOSE
3,000
TEACH FOR AMERICA
3500 LORAIN AVE SUITE 400
CLEVELAND
,
OH
44113
NONE
501(C)(3)
CHARITABLE PURPOSE
5,000
THE CONNECTING POINT
8312 CLEVELAND AVE NW
NORTH CANTON
,
OH
44720
NONE
501(C)(3)
CHARITABLE PURPOSE
250
THE DIVERSITY CENTER OF NEO
3659 GREEN RD 220
BEACHWOOD
,
OH
44122
NONE
501(C)(3)
CHARITABLE PURPOSE
800
THE LITERACY COOPERATIVE OF GREATER CLEVELAND
1331 EUCLID AVE
CLEVELAND
,
OH
44115
NONE
501(C)(3)
CHARITABLE PURPOSE
96,000
THE OHIO STATE UNIVERSITY
341 POWHATAN AVE
COLUMBUS
,
OH
432041916
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
TOWARDS EMPLOYMENT INC
1255 EUCLID AVE 300
CLEVELAND
,
OH
44115
NONE
501(C)(3)
CHARITABLE PURPOSE
8,000
TOYS FOR TOTS
5572 SMITH RD
BROOK PARK
,
OH
44142
NONE
501(C)(3)
CHARITABLE PURPOSE
250
UNITED WAY - LEE COUNTY
7273 CONCOURSE DRIVE
FORT MYERS
,
FL
33908
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
UNITED WAY OF COLLIER COUNTY
9015 STRADA STELL CT 204
NAPLES
,
FL
34109
NONE
501(C)(3)
CHARITABLE PURPOSE
5,000
UNITED WAY OF GREATER CLEVELAND
1331 EUCLID AVE
CLEVELAND
,
OH
44115
NONE
501(C)(3)
CHARITABLE PURPOSE
102,500
UNITED WAY OF PALM BEACH COUNTY
477 S ROSEMARY AVE UNIT 230
WEST PALM BEACH
,
FL
33401
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
UNITED WAY SUNCOAST
5201 W KENNEDY BLVD 600
TAMPA
,
FL
33609
NONE
501(C)(3)
CHARITABLE PURPOSE
15,000
UNIVERSITY CIRCLE INC
10831 MAGNOLIA DRIVE
CLEVELAND
,
OH
44106
NONE
501(C)(3)
CHARITABLE PURPOSE
6,000
UNIVERSITY HOSPITAL HEALTH SYSTEM
3605 WARRENSVILLE CENTER RD
SHAKER HTS
,
OH
44122
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
UNIVERSITY SETTLEMENT
4800 BROADWAY AVE
CLEVELAND
,
OH
44127
NONE
501(C)(3)
CHARITABLE PURPOSE
340,384
URBAN COMMUNITY SCHOOL
4909 LORAIN AVE
CLEVELAND
,
OH
44102
NONE
501(C)(3)
CHARITABLE PURPOSE
10,000
URBAN LEAGUE OF PALM BEACH COUNTY
1700 N AUSTRALIAN AVE
WEST PALM BEACH
,
FL
33407
NONE
501(C)(3)
CHARITABLE PURPOSE
11,000
WARNER GIRLS' LEADERSHIP ACADEMY
8315 JEFFRIES AVE
CLEVELAND
,
OH
44105
NONE
501(C)(3)
CHARITABLE PURPOSE
1,000
WASHINGTON PARK SCHOOL
3875 WASHINGTON PARK BLVD
NEWBURGH HEIGHTS
,
OH
44105
NONE
501(C)(3)
CHARITABLE PURPOSE
2,000
WEST CREEK CONSERVANCY
7381 CAMELOT DR
PARMA
,
OH
44134
NONE
501(C)(3)
CHARITABLE PURPOSE
5,000
WESTERN RESERVE LAND CONSERVANCY
3850 CHAGRIN RIVER RD
MORELAND HILLS
,
OH
44022
NONE
501(C)(3)
CHARITABLE PURPOSE
37,500
WILLOW SCHOOL
5004 GLAZIER AVE
CLEVELAND
,
OH
44127
NONE
501(C)(3)
CHARITABLE PURPOSE
1,000
WOMANKIND
5350 TRANSPORTATION BOULEVARD
GARFIELD HEIGHTS
,
OH
44125
NONE
501(C)(3)
CHARITABLE PURPOSE
2,500
YOUTH OPPORTUNITIES UNLIMITED
1361 EUCLID AVE
CLEVELAND
,
OH
44115
NONE
501(C)(3)
CHARITABLE PURPOSE
70,000
Total
.................................
3a
4,171,534
b
Approved for future payment
Total
.................................
3b
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
1,535
4
Dividends and interest from securities
....
14
2,424,964
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
14
3,828
8
Gain or (loss) from sales of assets other than
inventory
............
18
995,780
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
0
3,426,107
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
3,426,107
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form
990-PF
(2019)
Form 990-PF (2019)
Page
13
Part XVII
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description