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TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
THE SOKOL FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)
15300 S JOG ROAD
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DELRAY BEACH
,
FL
33446
A Employer identification number
81-4968085
B
Telephone number (see instructions)
(561) 455-0360
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)
$
4,539,554
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
313,465
313,465
313,465
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
b
Gross sales price for all assets on line 6a
7
Capital gain net income (from Part IV, line 2)
...
324,341
8
Net short-term capital gain
.........
18,138
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
0
11
Other income (attach schedule)
.......
0
12
Total.
Add lines 1 through 11
........
313,465
637,806
331,603
13
Compensation of officers, directors, trustees, etc.
273,000
273,000
273,000
273,000
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
38,375
38,375
38,375
38,375
b
Accounting fees (attach schedule)
.......
2,500
2,500
2,500
2,500
c
Other professional fees (attach schedule)
....
0
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
17,022
17,022
17,022
17,022
19
Depreciation (attach schedule) and depletion
...
0
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
13,596
13,596
13,596
13,596
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
64,442
64,442
64,442
64,442
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
408,935
408,935
408,935
408,935
25
Contributions, gifts, grants paid
.......
8,159,546
8,159,546
26
Total expenses and disbursements.
Add lines 24 and 25
8,568,481
408,935
408,935
8,568,481
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-8,255,016
b
Net investment income
(if negative, enter -0-)
228,871
c
Adjusted net income
(if negative, enter -0-)
...
0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
2
Savings and temporary cash investments
.........
347,587
440,516
440,516
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)
.....
0
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
0
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
8,199,541
1,814,625
1,834,334
b
Investments—corporate stock (attach schedule)
.......
3,765,084
2,029,067
2,262,663
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
0
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
0
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
0
15
Other assets (describe
)
4,330
2,041
2,041
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
12,316,542
4,286,249
4,539,554
17
Accounts payable and accrued expenses
..........
3,200
6,100
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
0
21
Mortgages and other notes payable (attach schedule)
......
0
22
Other liabilities (describe
)
0
0
23
Total liabilities
(add lines 17 through 22)
.........
3,200
6,100
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
........
12,313,342
4,280,149
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
29
Total net assets or fund balances
(see instructions)
.....
12,313,342
4,280,149
30
Total liabilities and net assets/fund balances
(see instructions)
.
12,316,542
4,286,249
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
12,313,342
2
Enter amount from Part I, line 27a
.....................
2
-8,255,016
3
Other increases not included in line 2 (itemize)
3
332,957
4
Add lines 1, 2, and 3
..........................
4
4,391,283
5
Decreases not included in line 2 (itemize)
5
111,134
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
4,280,149
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
6,804.544 SHRS AB SELECT US LONG SHORT
P
2019-02-05
2019-08-22
b
132 SHRS ALIBAB GROUP HLDGS
P
2018-08-30
2019-08-22
c
602 SHRS BANK OF AMERICA
P
2019-01-23
2019-08-22
d
11,209.405 SHRS BLACKROCK GLOBAL LONG/SHORT CREDIT
P
2019-01-01
2019-06-17
e
1,752.427 SHRS COLUMBIA GLOBAL TECHGROWTH
P
2019-02-14
2019-08-22
2,994 SHRS FIRST TR EXCHANGE TRADED FD III
P
2018-12-10
2019-02-05
2,996.344 SHRS JPMORGAN HEDGED EQUITY
P
2019-02-07
2019-08-22
8,905.426 SHRS PGIM ABSOLUTE RETURN BOND FD
P
2019-01-01
2019-12-12
76.871 SHRS SWAN DEFINED RISK FD
P
2018-12-21
2019-02-07
22.153 SHRS T ROWE PRICE BLUE CHIP GROWTH
P
2018-12-13
2019-08-22
88 SHRS UNITED RENTALS INC
P
2018-09-17
2019-08-22
89 SHRS VANGUARD INDEX FDS S&P 500ETF
P
2018-12-11
2019-08-20
174 SHRS VISA INC
P
2018-08-30
2019-08-22
25,000 ABERDEEN TWP NJ
D
2018-01-31
2019-08-26
15,000 ALLEGHENY CNTY PA G/O
D
2018-01-31
2019-08-26
8 SHRS ALPHABET INC CAP STK
D
2018-01-31
2019-08-22
13 SHRS AMAZON.COM
D
2018-01-31
2019-08-22
84 SHRS AMERICAN TOWER CORP
D
2018-01-31
2019-08-22
35,000 AMES IOWA CMNTY S/D
D
2018-01-31
2019-08-26
40,000 ANCHOR BAY MICH S/D
D
2018-01-31
2019-08-26
66 SHRS APPLE INC
D
2018-01-31
2019-08-22
15,000 ATLANTA GA G/O
D
2018-01-31
2019-12-16
50,000 BELOIT WIS G/O
D
2018-01-31
2019-08-28
25,000 BLACKHAWK WIS TECHNICAL COLLEGE
D
2018-01-31
2019-08-26
6,813.997 SHRS BLACKSTONE ALTERNATIVE MULTI STRATEGY
D
2018-01-31
2019-08-22
52 SHRS BOEING CO
D
2018-01-31
2019-08-22
75,000 BRIDGEPORT CONN G/O
D
2018-01-31
2019-08-28
50,000 BRIDGESTONE MUN UTIL DIST TEX
D
2018-01-31
2019-08-26
5,409.236 SHRS CALAMOS PHINEUS LONG/SHORT
D
2018-01-31
2019-08-22
50,000 CAMDEN CNTY NJ
D
2018-01-31
2019-08-26
60,000 CAMDEN CNTY NJ
D
2018-01-31
2019-08-26
25,000 CLARK CNTY NEV HWY REV
D
2018-01-31
2019-04-05
6,279.858 SHRS CLEARBRIDGE LARGE CAP GROWTH
D
2018-01-31
2019-08-22
100,000 CLEVELAND OHIO INCOME TAX REV
D
2018-01-31
2019-08-26
50,000 COLLIER CNTY FL SPL OBLIG REV
D
2017-05-17
2019-01-11
50,000 COLUMBIA TENN WTR WKS REV
D
2018-01-31
2019-08-28
35,000 CONNECTICUT ST HSG FIN
D
2018-01-31
2019-08-26
25,000 CONNELLSVILLE PA AREA SCH DIST
D
2018-01-31
2019-08-28
44 SHRS CONSTELLATION BRANDS INC
D
2018-01-31
2019-08-22
35,000 COOK CNTY ILL SCH DIST
D
2018-01-31
2019-08-28
25,000 CORPUS CHRISTI TEX
D
2018-01-31
2019-08-28
25,000 DALLAS PA SCH DIST
D
2018-01-31
2019-06-06
30,000 DELAWARE CNTY PA
D
2017-05-17
2019-01-11
45,000 DIABLO WTR DIST CALIF
D
2018-01-31
2019-08-28
30,000 DUBUQUE IOWA SALES TAX
D
2018-01-31
2019-08-28
30,000 DUPLIN CNTY NC
D
2018-01-31
2019-08-26
35,000 ELK GROVE CALIF
D
2018-01-31
2019-08-26
75,000 ESSEX CNTY NJ
D
2018-01-31
2019-08-26
48 FACEBOOK INC
D
2018-01-31
2019-08-22
92 FEDEX CORP
D
2017-05-17
2019-01-23
25,000 FLORIDA ST
D
2018-01-31
2019-08-28
50,000 FREEHOLD TWP NJ
D
2018-01-31
2019-08-26
50,000 GADSDEN AL
D
2018-01-31
2019-08-26
30,000 GARLAND TX
D
2018-01-31
2019-08-26
13,554 GLOBAL X FDS
D
2018-01-31
2019-08-22
50,000 GRAND MISSION TX
D
2018-01-31
2019-08-28
16,326.807 HARBOR LCV INST
D
2018-01-31
2019-08-22
30,000 HARRIS CNTY TX
D
2018-01-31
2019-08-28
50,000 HAZLETON PA
D
2018-01-31
2019-08-28
75,000 HENRY & WHITESIDE CNTYS IL
D
2018-01-31
2019-08-28
25,000 HENRY CNTY AL
D
2018-01-31
2019-08-28
72 HOME DEPOT
D
2018-01-31
2019-08-22
100,000 HUDSON CNTY NJ
D
2018-01-31
2019-08-26
75,000 IBERIA PARISH LA
D
2018-01-31
2019-08-28
25,000 ILLINOIS ST
D
2018-01-31
2019-05-09
25,000 ILLINOIS ST
D
2018-01-31
2019-05-09
100,000 INDIAN TRAILS IL
D
2018-01-31
2019-08-26
50,000 INDIANA BD
D
2018-01-31
2019-08-28
284 INTEL CORP
D
2018-01-31
2019-08-22
1,123 INVESCO EXCHANGE TRADED
D
2018-01-31
2019-08-22
121 ISHARES CORE S&P SMALL CAP
D
2018-01-31
2019-08-22
45 JOHNSON & JOHNSON
D
2018-01-31
2019-08-22
30,000 KANE COOK & DU PAGE CNTYS IL
D
2018-01-31
2019-08-28
50,000 KENTUCKY6 BD
D
2018-01-31
2019-08-26
40,000 KINGSWAY NJ
D
2018-01-31
2019-08-28
25,000 LEE CNTY FL
D
2018-01-31
2019-08-28
50,000 LODI CA
D
2018-01-31
2019-08-28
50,000 LONG BEACH CA
D
2018-01-31
2019-08-28
30,000 MAHANOY PA
D
2018-01-31
2019-08-26
50,000 MALVERNE NY
D
2018-01-31
2019-08-26
50,000 MAPLE HEIGHTS OH
D
2018-01-31
2019-08-28
30,000 MASSACHUSETTS ST
D
2018-01-31
2019-08-26
30,000 MASSACHUSETTS ST
D
2018-01-31
2019-08-28
35,000 MASSACHUSETTS ST
D
2018-01-31
2019-08-28
100,000 MASSACHUSETTS ST
D
2017-05-17
2019-01-11
50,000 MASSACHUSETTS ST
D
2018-01-31
2019-08-28
45,000 MAUI CNTY HI
D
2018-01-31
2019-08-26
50,000 METROPOLITAN TRANS AUTH NY
D
2018-01-31
2019-08-28
25,000 MIAMI-DADE CNTY FL
D
2018-01-31
2019-08-28
199 MICROSOFT CORP
D
2018-01-31
2019-08-22
30,000 MIDDLESEX CNTY NJ
D
2018-01-31
2019-08-26
50,000 MINNESOTA ST
D
2018-01-31
2019-08-28
50,000 MOBILE CNTY AL
D
2018-01-31
2019-08-28
65,000 MONTGOMERY CNTY TX
D
2018-01-31
2019-08-26
50,000 NASSAU CNTY NY
D
2017-05-17
2019-01-11
30,000 NEW BEDFORD MA
D
2017-05-17
2019-01-11
25,000 NEW BRITAIN CT
D
2017-05-17
2019-01-11
100,000 NEW HAVEN CT
D
2018-01-31
2019-08-28
50,000 NEW JERSEY
D
2018-01-31
2019-08-28
50,000 NEW JERSEY
D
2018-01-31
2019-08-28
25,000 NEW JERSEY ST
D
2018-01-31
2019-08-28
5,000 NEW JERSEY ST
D
2017-05-17
2019-01-03
5,000 NEW JERSEY ST
D
2017-05-17
2019-01-03
5,000 NEW JERSEY ST
D
2017-05-17
2019-01-03
50,000 NEW JERSEY ST
D
2018-01-31
2019-08-28
50,000 NEW JERSEY ST
D
2018-01-31
2019-08-28
100,000 NEW YORK, NY
D
2018-01-31
2019-08-26
30,000 NEW YORK ST
D
2017-05-17
2019-01-11
30,000 NEW YORK ST
D
2017-05-17
2019-01-11
50,000 NEW YORK ST
D
2018-01-31
2019-08-26
75,000 NEW YORK ST
D
2018-01-31
2019-08-26
30,000 NORMAN OK
D
2018-01-31
2019-08-26
30,000 NORTH BRUNSWICK TWP NJ
D
2018-01-31
2019-08-26
50,000 NORTHAMPTON BORO PA
D
2018-01-31
2019-08-28
50,000 OCEAN CITY NJ
D
2018-01-31
2019-08-26
68 OREILLY AUTOMOTIVE INC
D
2018-01-31
2019-08-22
30,000 ORO VALLEY AZ
D
2018-01-31
2019-08-28
25,000 OSCEOLA CNTY FL
D
2018-01-31
2019-10-02
25,000 OSCEOLA CNTY FL
D
2018-01-31
2019-10-02
100,000 OSHKOSH WI
D
2018-01-31
2019-08-26
40,000 OXFORD AL
D
2018-01-31
2019-08-28
75,000 OYSTER BAY NY
D
2018-01-31
2019-08-28
25,000 PALM BEACH CNTY FL
D
2018-01-31
2019-08-26
10,000 PENNSYLVANIA ST
D
2018-01-31
2019-12-02
40,000 PENNSYLVANIA ST
D
2018-01-31
2019-08-26
50,000 PENNSYLVANIA ST
D
2018-01-31
2019-08-28
25,000 PENNSYLVANIA ST
D
2018-01-31
2019-09-10
25,000 PENNSYLVANIA ST
D
2017-05-17
2019-01-11
72 PEPSICO INC
D
2018-01-31
2019-08-22
557 PFIZER INC
D
2018-01-31
2019-08-22
4,071.322 PGIM ABSOLUTE RETURN BOND
D
2018-01-31
2019-12-12
35,000 PHILADELPHIA PA
D
2017-05-17
2019-01-11
30,000 PIMA CNTY AZ
D
2018-01-31
2019-07-01
30,000 PITT CNTY NC
D
2017-05-17
2019-01-11
100,000 PLUM BORO PA
D
2018-01-31
2019-08-26
25,000 PORT ST LUCIE FL
D
2018-01-31
2019-08-28
3,577.405 PRIMECAP ODYSSET STOCK FD
D
2018-01-31
2019-08-22
25,000 PRIVATE COLLEGES & UNIVERSITIES GA
D
2018-01-31
2019-06-03
2,307 PROSHARES TR S&P MIDCAP
D
2018-01-31
2019-08-22
1,634 PROSHARES TR S&P 500 DIV
D
2018-01-31
2019-02-14
25,000 READING PA
D
2018-01-31
2019-10-23
50,000 RHODE ISLAND ST
D
2018-01-31
2019-08-28
50,000 SANTA ROSA CA
D
2017-05-17
2019-01-03
75,000 SECAUCUS NJ
D
2018-01-31
2019-08-28
5,939 SELECT SECTOR SPDR TR AMEX FINL
D
2018-01-31
2019-08-22
50,000 SHASTA CA
D
2018-01-31
2019-08-26
50,000 SOUTHEAST POLK IA
D
2018-01-31
2019-08-26
624 SPDR GOLD TR GOLD SHS
D
2018-01-31
2019-08-22
421 SPDR SER TR S&P BIOTECH
D
2018-01-31
2019-08-22
70,000 ST LUCIE CNTY FL
D
2018-01-31
2019-08-28
35,000 SUFFOLK CNTY NY
D
2018-01-31
2019-10-15
100,000 SUFFOLK CNTY NY
D
2018-01-31
2019-10-15
25,000 SUMTER CNTY AL
D
2018-01-31
2019-04-15
30,000 SUNSHINE ST
D
2018-01-31
2019-08-26
7,614.884 SWAN DEFINED RISK FUND
D
2018-01-31
2019-02-07
938.067 T ROWE PRICE BLUE CHIP GROWTH
D
2018-01-31
2019-08-22
60,000 TARPON SPRINGS FL
D
2018-01-31
2019-08-26
60 THERMO FISHER SCIENTIFIC INC
D
2018-01-31
2019-08-22
516 TJX COS INC
D
2018-01-31
2019-08-22
35,000 TUSCALOOSA AL
D
2018-01-31
2019-08-26
20,000 UNION TWP PA
D
2018-01-31
2019-08-28
102 UNITEDHEALTH GROUP
D
2018-01-31
2019-08-22
30,000 UPPER DARBY PA
D
2018-01-31
2019-08-26
1,169 VANGUARD INDEX FDS VALUE ETF
D
2018-01-31
2019-08-22
2,148 VANGUARD INTL EQUITY INDEX FD
D
2018-01-31
2019-08-22
2,753 VANGUARD STAR FD
D
2018-01-31
2019-08-22
600 VANGUARD WORLD FDS
D
2018-01-31
2019-08-22
50,000 VINELAND NJ
D
2018-01-31
2019-08-26
40,000 VIRGINIA COLLEGE VA
D
2018-01-31
2019-08-26
100,000 WARREN OH
D
2018-01-31
2019-12-02
100,000 WASHINGTON ST
D
2018-01-31
2019-08-28
25,000 WEST DEPTFORD TWP NJ
D
2018-01-31
2019-08-28
25,000 WINTER PARK FL
D
2017-05-17
2019-01-11
50,000 WORCESTER MA
D
2018-01-31
2019-08-28
50,000 YONKERS NY
D
2018-01-31
2019-08-28
75,000 FORT BEND CNTY TX
D
2018-01-31
2019-08-26
55,000 HARRIS CNTY TX
D
2018-01-31
2019-08-26
110,000 NEW JERSEY ST
D
2018-01-31
2019-08-28
180,000 NEW JERSEY ST
D
2018-01-31
2019-08-28
140,000 NORTH CAROLINA ST
D
2018-01-31
2019-08-26
100,000 SAN FRANCISCO CA
D
2018-01-31
2019-08-28
(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
86,622
0
81,995
4,627
b
22,674
0
23,155
-481
c
16,377
0
17,521
-1,144
d
111,421
0
111,215
206
e
66,680
0
59,302
7,378
115,175
0
113,296
1,879
60,526
0
58,674
1,852
87,540
0
86,660
880
937
0
940
-3
2,564
0
2,503
61
9,690
0
14,728
-5,038
23,819
0
21,653
2,166
31,364
0
25,609
5,755
25,731
0
25,285
446
15,065
0
15,767
-702
9,527
0
7,426
2,101
23,540
0
21,961
1,579
19,161
0
11,501
7,660
35,999
0
36,691
-692
42,037
0
41,671
366
14,017
0
10,230
3,787
15,000
0
15,703
-703
50,198
0
50,378
-180
25,467
0
25,317
150
74,058
0
73,476
582
18,474
0
19,268
-794
78,237
0
78,578
-341
50,535
0
47,864
2,671
64,262
0
68,820
-4,558
53,518
0
52,383
1,135
60,143
0
57,638
2,505
25,000
0
25,357
-357
329,504
0
285,381
44,123
106,193
0
103,550
2,643
51,443
0
52,818
-1,375
52,096
0
52,813
-717
36,470
0
34,991
1,479
25,175
0
25,017
158
8,900
0
8,035
865
35,763
0
35,506
257
25,923
0
25,846
77
25,000
0
25,086
-86
30,511
0
31,332
-821
46,659
0
46,744
-85
31,916
0
31,654
262
31,093
0
31,331
-238
36,795
0
37,070
-275
78,368
0
76,107
2,261
8,703
0
7,880
823
15,965
0
18,928
-2,963
25,665
0
26,060
-395
51,562
0
48,542
3,020
51,453
0
51,690
-237
30,707
0
29,941
766
112,406
0
123,514
-11,108
48,373
0
47,251
1,122
255,341
0
243,892
11,449
30,365
0
30,409
-44
51,384
0
51,048
336
79,684
0
77,098
2,586
25,088
0
25,257
-169
15,923
0
10,569
5,354
103,894
0
103,000
894
76,474
0
71,753
4,721
25,000
0
25,096
-96
25,000
0
25,304
-304
100,078
0
96,085
3,993
51,774
0
50,772
1,002
13,344
0
9,853
3,491
75,526
0
51,584
23,942
9,233
0
10,325
-1,092
5,932
0
6,158
-226
30,887
0
31,251
-364
50,598
0
50,176
422
41,255
0
41,579
-324
26,227
0
25,882
345
52,773
0
51,275
1,498
52,257
0
51,616
641
30,824
0
29,985
839
50,705
0
50,513
192
51,570
0
50,667
903
30,384
0
35,774
-5,390
31,412
0
31,395
17
36,176
0
36,876
-700
105,090
0
108,901
-3,811
51,684
0
52,230
-546
47,863
0
47,953
-90
52,252
0
51,936
316
26,003
0
26,386
-383
27,315
0
14,707
12,608
31,505
0
30,921
584
51,684
0
52,272
-588
50,843
0
51,237
-394
65,813
0
61,891
3,922
51,815
0
53,306
-1,491
30,658
0
31,461
-803
25,282
0
25,584
-302
104,655
0
101,664
2,991
55,393
0
51,889
3,504
56,837
0
54,545
2,292
28,402
0
27,498
904
5,000
0
26,023
-21,023
5,000
0
5,311
-311
5,000
0
5,315
-315
52,467
0
52,630
-163
55,450
0
52,582
2,868
106,881
0
105,055
1,826
30,486
0
32,077
-1,591
30,580
0
31,701
-1,121
51,103
0
48,953
2,150
81,161
0
82,041
-880
30,563
0
30,195
368
30,527
0
30,373
154
51,295
0
49,365
1,930
51,117
0
49,939
1,178
25,949
0
12,834
13,115
31,724
0
32,184
-460
25,000
0
25,818
-818
25,000
0
25,823
-823
101,505
0
98,906
2,599
40,527
0
41,240
-713
76,976
0
76,640
336
26,367
0
27,156
-789
10,000
0
10,025
-25
40,905
0
39,309
1,596
52,500
0
51,702
798
25,000
0
25,744
-744
26,243
0
26,911
-668
9,523
0
8,375
1,148
19,576
0
18,682
894
40,021
0
40,170
-149
36,051
0
37,084
-1,033
30,000
0
32,074
-2,074
30,751
0
31,598
-847
100,698
0
99,155
1,543
26,580
0
26,369
211
115,290
0
102,123
13,167
25,000
0
25,686
-686
131,580
0
116,164
15,416
106,808
0
94,041
12,767
25,000
0
25,132
-132
51,704
0
51,593
111
50,000
0
50,613
-613
78,975
0
77,708
1,267
159,127
0
143,643
15,484
52,888
0
53,117
-229
50,682
0
49,238
1,444
88,347
0
74,637
13,710
34,521
0
30,124
4,397
73,906
0
72,655
1,251
35,000
0
36,260
-1,260
100,000
0
103,339
-3,339
25,000
0
25,278
-278
31,693
0
32,558
-865
92,816
0
93,132
-316
108,571
0
105,972
2,599
61,929
0
61,714
215
16,718
0
10,918
5,800
28,265
0
18,998
9,267
35,007
0
32,150
2,857
20,102
0
19,281
821
23,832
0
25,971
-2,139
29,918
0
30,155
-237
126,193
0
112,604
13,589
85,513
0
95,212
-9,699
138,065
0
145,118
-7,053
128,732
0
88,359
40,373
50,737
0
50,143
594
40,467
0
39,764
703
100,000
0
103,869
-3,869
104,283
0
103,331
952
25,650
0
25,051
599
25,477
0
26,223
-746
51,950
0
5,010
46,940
52,155
0
50,986
1,169
76,590
0
74,040
2,550
55,472
0
54,132
1,340
115,577
0
116,331
-754
188,447
0
189,186
-739
144,442
0
140,131
4,311
104,710
0
104,253
457
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
0
0
0
4,627
b
0
0
0
-481
c
0
0
0
-1,144
d
0
0
0
206
e
0
0
0
7,378
0
0
0
1,879
0
0
0
1,852
0
0
0
880
0
0
0
-3
0
0
0
61
0
0
0
-5,038
0
0
0
2,166
0
0
0
5,755
0
0
0
446
0
0
0
-702
0
0
0
2,101
0
0
0
1,579
0
0
0
7,660
0
0
0
-692
0
0
0
366
0
0
0
3,787
0
0
0
-703
0
0
0
-180
0
0
0
150
0
0
0
582
0
0
0
-794
0
0
0
-341
0
0
0
2,671
0
0
0
-4,558
0
0
0
1,135
0
0
0
2,505
0
0
0
-357
0
0
0
44,123
0
0
0
2,643
0
0
0
-1,375
0
0
0
-717
0
0
0
1,479
0
0
0
158
0
0
0
865
0
0
0
257
0
0
0
77
0
0
0
-86
0
0
0
-821
0
0
0
-85
0
0
0
262
0
0
0
-238
0
0
0
-275
0
0
0
2,261
0
0
0
823
0
0
0
-2,963
0
0
0
-395
0
0
0
3,020
0
0
0
-237
0
0
0
766
0
0
0
-11,108
0
0
0
1,122
0
0
0
11,449
0
0
0
-44
0
0
0
336
0
0
0
2,586
0
0
0
-169
0
0
0
5,354
0
0
0
894
0
0
0
4,721
0
0
0
-96
0
0
0
-304
0
0
0
3,993
0
0
0
1,002
0
0
0
3,491
0
0
0
23,942
0
0
0
-1,092
0
0
0
-226
0
0
0
-364
0
0
0
422
0
0
0
-324
0
0
0
345
0
0
0
1,498
0
0
0
641
0
0
0
839
0
0
0
192
0
0
0
903
0
0
0
-5,390
0
0
0
17
0
0
0
-700
0
0
0
-3,811
0
0
0
-546
0
0
0
-90
0
0
0
316
0
0
0
-383
0
0
0
12,608
0
0
0
584
0
0
0
-588
0
0
0
-394
0
0
0
3,922
0
0
0
-1,491
0
0
0
-803
0
0
0
-302
0
0
0
2,991
0
0
0
3,504
0
0
0
2,292
0
0
0
904
0
0
0
-21,023
0
0
0
-311
0
0
0
-315
0
0
0
-163
0
0
0
2,868
0
0
0
1,826
0
0
0
-1,591
0
0
0
-1,121
0
0
0
2,150
0
0
0
-880
0
0
0
368
0
0
0
154
0
0
0
1,930
0
0
0
1,178
0
0
0
13,115
0
0
0
-460
0
0
0
-818
0
0
0
-823
0
0
0
2,599
0
0
0
-713
0
0
0
336
0
0
0
-789
0
0
0
-25
0
0
0
1,596
0
0
0
798
0
0
0
-744
0
0
0
-668
0
0
0
1,148
0
0
0
894
0
0
0
-149
0
0
0
-1,033
0
0
0
-2,074
0
0
0
-847
0
0
0
1,543
0
0
0
211
0
0
0
13,167
0
0
0
-686
0
0
0
15,416
0
0
0
12,767
0
0
0
-132
0
0
0
111
0
0
0
-613
0
0
0
1,267
0
0
0
15,484
0
0
0
-229
0
0
0
1,444
0
0
0
13,710
0
0
0
4,397
0
0
0
1,251
0
0
0
-1,260
0
0
0
-3,339
0
0
0
-278
0
0
0
-865
0
0
0
-316
0
0
0
2,599
0
0
0
215
0
0
0
5,800
0
0
0
9,267
0
0
0
2,857
0
0
0
821
0
0
0
-2,139
0
0
0
-237
0
0
0
13,589
0
0
0
-9,699
0
0
0
-7,053
0
0
0
40,373
0
0
0
594
0
0
0
703
0
0
0
-3,869
0
0
0
952
0
0
0
599
0
0
0
-746
0
0
0
46,940
0
0
0
1,169
0
0
0
2,550
0
0
0
1,340
0
0
0
-754
0
0
0
-739
0
0
0
4,311
0
0
0
457
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
324,341
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
18,138
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
Yes
No
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1
Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018
1,026,103
12,300,001
0.083423
2017
577,847
2016
2015
2014
2
Total
of line 1, column (d)
.....................
2
0.083423
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
0.083423
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
9,509,312
5
Multiply line 4 by line 3
......................
5
793,295
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
2,289
7
Add lines 5 and 6
........................
7
795,584
8
Enter qualifying distributions from Part XII, line 4
,.............
8
8,568,481
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
2,289
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
2,289
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
2,289
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
4,330
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
7
Total credits and payments. Add lines 6a through 6d
..............
7
4,330
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
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
2,041
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
2,041
Refunded
11
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.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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)
FL
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
Yes
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
Yes
Form
990-PF
(2019)
Form 990-PF (2019)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
N/A
14
The books are in care of
COREY E LEVINE CPA PA
Telephone no.
(561) 455-0360
Located at
15300 S JOG ROAD 208
DELRAY BEACH
FL
ZIP+4
33446
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
COREY E LEVINE
EXEC. DIRECTOR,PRES.
30.00
100,000
0
0
6807 COBIA CIRCLE
BOYNTON BEACH
,
FL
33437
TAMI FEIERSTONE
SEC/TREASURER
30.00
25,000
0
0
3721 MIRAMONTES CIRCLE
WELLINGTON
,
FL
33414
MARTIN MALLINGER
V.P.
30.00
100,000
0
0
7284 W PALMETTO PARK ROAD Suite 302
BOCA RATON
,
FL
33432
LANNY MARKS
DIRECTOR
5.00
12,000
0
0
6511 TIMBER LANE
BOCA RATON
,
FL
33433
ARNE SALKIN
DIRECTOR
5.00
12,000
0
0
24 HUDSON AVENUE 41
WEST ORANGE
,
NJ
07052
MARGARET ANDERSON
DIRECTOR
5.00
12,000
0
0
120 SE 5TH AVENUE 327
BOCA RATON
,
FL
33432
HOWARD FINKELSTEIN
DIRECTOR
5.00
12,000
0
0
10448 DUNHURST COURT
LONGWOOD
,
FL
32779
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
NONE
0
2
3
4
Part IX-B
Summary of Program-Related Investments
(see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
1
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
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
8,735,776
b
Average of monthly cash balances
.......................
1b
918,348
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
9,654,124
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
3
Subtract line 2 from line 1d
.........................
3
9,654,124
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
144,812
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
9,509,312
6
Minimum investment return.
Enter 5% of line 5
..................
6
475,466
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
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
4
Recoveries of amounts treated as qualifying distributions
................
4
5
Add lines 3 and 4
............................
5
6
Deduction from distributable amount (see instructions)
.................
6
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
0
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
8,568,481
b
Program-related investments—total from Part IX-B
..................
1b
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
b
Cash distribution test (attach the required schedule)
.................
3b
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
8,568,481
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
2,289
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
8,566,192
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
0
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
b
Total for prior years:
20
,
20
,
20
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
0
b
From 2015
......
0
c
From 2016
......
0
d
From 2017
......
577,847
e
From 2018
......
1,026,568
f
Total
of lines 3a through e
........
1,604,415
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
8,568,481
a
Applied to 2018, but not more than line 2a
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2019 distributable amount
.....
e
Remaining amount distributed out of corpus
8,568,481
5
Excess distributions carryover applied to 2019.
(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
10,172,896
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
......
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)
.......
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
......
10,172,896
10
Analysis of line 9:
a
Excess from 2015
....
0
b
Excess from 2016
....
0
c
Excess from 2017
....
577,847
d
Excess from 2018
....
1,026,568
e
Excess from 2019
....
8,568,481
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
0
28,221
10,269
38,490
b
85% of line 2a
.........
0
23,988
8,729
32,717
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
8,568,481
1,026,568
577,847
10,172,896
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
....
8,568,481
1,026,568
577,847
0
10,172,896
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
4,539,554
12,487,311
10,413,188
27,440,053
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
4,539,554
12,487,311
10,413,188
27,440,053
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 email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(2019)
Form 990-PF (2019)
Page
11
Part XV
Supplementary Information
(continued)
3
Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
BEST FOOT FORWARD FOUNDATION INC
9045 LA FONTANA BLVD
BOCA RATON
,
FL
33434
501(c)(3)
GENERAL PURPOSE
50,000
BOCA RATON MUSEUM OF ART
501 PLAZA REAL
BOCA RATON
,
FL
33432
501(c)(3)
GENERAL PURPOSE
25,600
BRYANT UNIVERSITY
1150 DOUGLAS PIKE
SMITHFIELD
,
RI
02917
501(c)(3)
GENERAL PURPOSE
150,000
SWEET DREAM MAKERS
55 NE 5TH AVENUE
BOCA RATON
,
FL
33432
501(c)(3)
GENERAL PURPOSE
50,000
THE ARC OF PALM BEACH COUNTY
1201 AUSTRAILIAN AVENUE
RIVIERA BEACH
,
FL
33404
501(c)(3)
GENERAL PURPOSE
50,000
BOCA RATON REGIONAL HOSPITAL FOUNDATION
245 MEADOW ROAD
BOCA RATON
,
FL
33486
501(c)(3)
GENERAL PURPOSE
13,000
FLORENCE FULLER CHILD DEVELOPMENT FDN
200 NE 19TH STREET
BOCA RATON
,
FL
33432
501(c)(3)
GENERAL PURPOSE
57,600
ISRAEL TENNIS & EDUCATION CENTERS FDN
57 W 38TH STREET
NEW YORK
,
NY
10018
501(c)(3)
GENERAL PURPOSE
75,000
JACK & JILL LATE STAGE CANCER FDN
75 REMITTANCE DRIVE
CHICAGO
,
IL
60675
501(c)(3)
GENERAL PURPOSE
25,000
NAT KING COLE GENERATION HOPE INC
498 CRAWFORD BOULEVARD
BOCA RATON
,
FL
33432
501(c)(3)
GENERAL PURPOSE
1,375
ADOLPH & ROSE LEVIS JCC
9801 DONNA KLEIN BLVD
BOCA RATON
,
FL
33428
501(c)(3)
GENERAL PURPOSE
7,910
AMERICAN BIBLE SOCIETY
101 N INDEPENDENCE MALL E
PHILADELPHIA
,
PA
19106
501(c)(3)
GENERAL PURPOSE
5,250,000
CANINE COMPANIONS-CENTRAL FLORIDA
8150 CLARCONA OCOEE ROAD
ORLANDO
,
FL
32818
501(c)(3)
GENERAL PURPOSE
10,000
CHARITY CHAMPIONS INC
1087 BEL LIDO DRIVE
HIGHLAND BEACH
,
FL
33487
501(c)(3)
GENERAL PURPOSE
5,875
CROSS ROADS CORRAL
9081 S SYLVAN LAKE DRIVE
SANFORD
,
FL
32721
501(c)(3)
GENERAL PURPOSE
2,500
DOCTORS WITHOUT BORDERS USA INC
40 RECTOR STREET
NEW YORK
,
NY
10006
501(c)(3)
GENERAL PURPOSE
1,125,000
ECKERD YOUTH ALTERNATIVES INC
100 STARCREST DRIVE
CLEARWATER
,
FL
33765
501(c)(3)
GENERAL PURPOSE
5,000
GARY SINESE FOUNDATION
1901 AVENUE OF THE STARS
LOS ANGELES
,
CA
90067
501(c)(3)
GENERAL PURPOSE
10,000
KIDSAFE FOUNDATION INC
5944 CORAL RIDGE DRIVE
CORAL SPRINGS
,
FL
33076
501(c)(3)
GENERAL PURPOSE
14,500
KIWANIS CLUB OF POMPANO BEACH
620 SE 5TH TERRACE
POMPANO BEACH
,
FL
33060
501(c)(3)
GENERAL PURPOSE
1,000
MANITOU CAMPS FOUNDATION
PO BOX 5099
WESTPORT
,
CT
06881
501(c)(3)
GENERAL PURPOSE
25,000
NATIONAL COUNCIL OF JEWISH WOMEN
70 SOUTH ORANGE AVENUE
LIVINGSTON
,
NJ
07039
501(c)(3)
GENERAL PURPOSE
55,000
SAMARITAN CENTER
215 N STATE STREET
SYRACUSE
,
NY
13203
501(c)(3)
GENERAL PURPOSE
5,186
SMILE TRAIN INC
633 THIRD AVENUE
NEW YORK
,
NY
10017
501(c)(3)
GENERAL PURPOSE
1,125,000
SOCRATES SCULPTURE PARK INC
PO BOX 6259
LONG ISLAND CITY
,
NY
11106
501(c)(3)
GENERAL PURPOSE
5,000
THE PARKER FOUNDATION FOR AUTISM
274 EAST EAU GALLIE BLVD
INDIAN HARBOR BEACH
,
FL
32937
501(c)(3)
GENERAL PURPOSE
5,000
THE PLACE FOR POSSIBILITY
100 WAYMONT COURT
LAKE MARY
,
FL
32746
501(c)(3)
GENERAL PURPOSE
5,000
WOMEN OF TOMORROW MENTOR & SCHOLARSHIP
8400NW 36TH STREET
DORAL
,
FL
33166
501(c)(3)
GENERAL PURPOSE
5,000
Total
.................................
3a
8,159,546
b
Approved for future payment
Total
.................................
3b
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
...........
4
Dividends and interest from securities
....
14
313,465
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
.....
8
Gain or (loss) from sales of assets other than
inventory
............
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)
..
313,465
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
313,465
(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:
Part VI Line 7 -Original Return Overpayment:
-4,330
Form 990PF - Special Condition Description:
Special Condition Description