Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
GENE & RUTH POSNER FOUNDATION INC
C/O GIMBEL REILLY GUERIN & BROWN
Number and street (or P.O. box number if mail is not delivered to street address)330 EAST KILBOURN AVENUE NO 1170
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532023146
A Employer identification number

39-6050150
B Telephone number (see instructions)

(414) 224-3648
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$6,724,233J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 23 23  
4 Dividends and interest from securities... 106,891 106,891  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 392,069
b Gross sales price for all assets on line 6a 4,353,719
7 Capital gain net income (from Part IV, line 2)... 392,069
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 725 725  
12 Total. Add lines 1 through 11........ 499,708 499,708  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 84,000 67,200   16,800
b Accounting fees (attach schedule)....... Click to see attachment 5,700 4,560   1,140
c Other professional fees (attach schedule).... Click to see attachment 30,228 30,228   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,102 1,364   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 334 207   127
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 126,364 103,559   18,067
25 Contributions, gifts, grants paid....... 405,800 405,800
26 Total expenses and disbursements. Add lines 24 and 25 532,164 103,559   423,867
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -32,456
b Net investment income (if negative, enter -0-) 396,149
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 236,318 118,746 118,746
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,437,096 Click to see attachment3,404,829 4,701,406
c Investments—corporate bonds (attach schedule)....... 936,932 Click to see attachment930,753 956,058
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 643,274 Click to see attachment759,091 848,023
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment100,000 Click to see attachment100,000 Click to see attachment100,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,353,620 5,313,419 6,724,233
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 5,353,620 5,313,419
29 Total net assets or fund balances (see instructions)..... 5,353,620 5,313,419
30 Total liabilities and net assets/fund balances (see instructions). 5,353,620 5,313,419
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
5,353,620
2
Enter amount from Part I, line 27a .....................
2
-32,456
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,321,164
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
7,745
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,313,419
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(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 4,325,812   3,961,650 364,162
b 27,907     27,907
c
d
e
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       364,162
b       27,907
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 392,069
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 5,506
c All other domestic foundations enter 1.39% 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 5,506
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 5,506
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 4,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,506
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 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 the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
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)
    bulletWI
    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 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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 addressbulletN/A
    14
    The books are in care ofbulletATTORNEY JOSHUA GIMBEL Telephone no.bullet (414) 224-3648

    Located atbullet330 EAST KILBOURN AVENUE SUITE 1170MILWAUKEEWI ZIP+4bullet532023146
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    TOD I GIMBEL VICE PRESIDENT / BOARD MEMBER
    1.00     		0 0 0
    330 EAST KILBOURN AVENUE SUITE 1170
    MILWAUKEE,WI532023146
    BARBARA P WARD SECRETARY/ BOARD MEMBER
    1.00     		0 0 0
    330 EAST KILBOURN AVENUE SUITE 1170
    MILWAUKEE,WI532023146
    JOSHUA L GIMBEL PRESIDENT/TREASURER/BOARD MEMBER
    2.00     		0 0 0
    330 EAST KILBOURN AVENUE SUITE 1170
    MILWAUKEE,WI532023146
    FREDERIC POSNER BOARD MEMBER
    0.50     		0 0 0
    330 EAST KILBOURN AVENUE SUITE 1170
    MILWAUKEE,WI532023146
    ABBY POSNER BOARD MEMBER
    0.50     		0 0 0
    330 EAST KILBOURN AVENUE SUITE 1170
    MILWAUKEE,WI532023146
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    GIMBEL REILLY GUERIN & BROWN FIDUCIARY FEES 84,000
    330 EAST KILBOURN AVENUE SUITE 1170
    MILWAUKEE,WI532023146
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    5,814,101
    b
    Average of monthly cash balances.......................
    1b
    225,127
    c
    Fair market value of all other assets (see instructions)................
    1c
    100,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,139,228
    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
    6,139,228
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    92,088
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,047,140
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    302,357
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    302,357
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    5,506
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,506
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    296,851
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    296,851
    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
    296,851
    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
    423,867
    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
    423,867
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    423,867
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 296,851
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 73,720
    b From 2016...... 59,472
    c From 2017...... 42,859
    d From 2018...... 103,277
    e From 2019...... 128,322
    fTotal of lines 3a through e........ 407,650
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 423,867
    a Applied to 2019, 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 2020 distributable amount..... 296,851
    e Remaining amount distributed out of corpus 127,016
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 534,666
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		73,720
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		460,946
    10 Analysis of line 9:
    a Excess from 2016.... 59,472
    b Excess from 2017.... 42,859
    c Excess from 2018.... 103,277
    d Excess from 2019.... 128,322
    e Excess from 2020.... 127,016
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALS ASSOCIATION - WISCONSIN CHAPTER
    3333 N MAYFAIR ROAD SUITE 213
    WAUWATOSA,WI53222     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    ALVERNO COLLEGE
    3400 S 43RD STREET
    MILWAUKEE,WI53234     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    AMERICAN JEWISH WORLD SERVICES
    45 W 36TH STREET
    NEW YORK,NY10018     		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000
    BETH ISRAEL DEACONESS HOSPITAL
    275 SANDWICH ST
    PLYMOUTH,MA02360     		NONE PUBLIC CHARITY CANCER CENTER 6,000
    BIG BROTHERS BIG SISTERS OF METRO MILWAUKEE INC
    788 NORTH JEFFERSON STREET
    MILWAUKEE,WI532023739     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    BOYS AND GIRLS CLUB OF MILWAUKEE
    1558 N 6TH ST
    MILWAUKEE,WI532123845     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    CENTRO DE LE COMMUNIDAD UNITED COMMUNITY CENTER
    1028 S 9TH STREET
    MILWAUKEE,WI53204     		NONE PUBLIC CHARITY GENERAL OPERATIONS 7,500
    CHILDREN'S OUTING SOCIETY
    909 EAST NORTH AVENUE
    MILWAUKEE,WI53212     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    COLLEGE POSSIBLE
    1555 N RIVER CENTER DRIVE SUITE 211
    MILWAUKEE,WI53212     		NONE PUBLIC CHARITY GENERAL OPERATIONS 15,000
    CRANBERRY HOSPICE
    36 CORDAGE PARK CIRCLE STE 326
    PLYMOUTH,MA02360     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,000
    DANA FARBER INSTITUTE
    450 BROOKLINE AVE
    BOSTON,MA02215     		NONE PUBLIC CHARITY GENERAL OPERATIONS 3,000
    DISCOVERY WORLD AT PIER WISCONSIN
    500 N HARBOR DR
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 15,000
    FIRST STAGE CHILDREN'S THEATER
    325 W WALNUT STREET
    MILWAUKEE,WI53212     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,000
    FRIENDSHIP CIRCLE
    8825 N LAKE DRIVE
    BAYSIDE,WI53217     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    HOLOCAUST EDUCATION RESOURCE CENTER
    1360 N PROSPECT AVENUE
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    HUNGER TASK FORCE
    201 S HAWLEY CT
    MILWAUKEE,WI53214     		NONE PUBLIC CHARITY GENERAL OPERATIONS 20,000
    JEFFERSON COUNTY OPEN SCHOOL
    7655 W 10TH AVE
    LAKEWOOD,CO80214     		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000
    JEWISH FAMILY SERVICES
    1300 NORTH JACKSON STREET
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    JEWISH HOME AND CARE CENTER FOUNDATION
    1414 N PROSPECT AVENUE
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 40,000
    JEWISH MUSEUM OF MILWAUKEE
    1360 N PROSPECT AVENUE
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 3,000
    KRIPALU INSTITUTE FOR EXTRAORDINARY LEARNING
    PO BOX 309
    STOCKBRIDGE,MA01262     		NONE PUBLIC CHARITY GENERAL OPERATIONS 3,000
    LEGAL AID SOCIETY OF MILWAUKEE
    521 NORTH EIGHT STREET
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,000
    LITERACY SERVICES OF WISCONSIN
    555 N PLANKINTON AVENUE
    MILWAUKEE,WI53203     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,000
    MARQUETTE LAW SCHOOL
    PO BOX 1881
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY PRO BONO SERVICES 65,000
    MEDICAL COLLEGE OF WISCONSIN - EYE INSTITUTE
    8701 WEST WATERTOWN PLANK RD
    MILWAUKEE,WI53226     		NONE PUBLIC CHARITY GENERAL OPERATIONS 30,000
    MILWAUKEE ART MUSEUM
    750 NORTH LINCOLN MEMORIAL DRIVE
    MILWAUKEE,WI53201     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    MILWAUKEE BALLET
    504 WEST NATIONAL AVENUE
    MILWAUKEE,WI53204     		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000
    MILWAUKEE BAR ASSOCIATION FOUNDATION
    424 E WELLS ST
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000
    MILWAUKEE CENTER FOR INDEPENDENCE
    2020 WEST WELLS STREET
    MILWAUKEE,WI53233     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,500
    MILWAUKEE FILM
    229 E WISCONSIN AVE SUITE 200
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    MILWAUKEE PUBLIC LIBRARY FOUNDATION
    814 W WISCONSIN AVENUE
    MILWAUKEE,WI53233     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    MILWAUKEE PUBLIC MUSEUM
    800 WEST WELLS STREET
    MILWAUKEE,WI532331478     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,000
    MILWAUKEE SYMPHONY - ACE PROGRAM
    700 N WATER STREET SUITE 700
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000
    MOUNT EVANS HOME CARE & HOSPICE
    3721 EVERGREEN PKWY STE 9
    EVERGREEN,CO80437     		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000
    MR HOLLANDS OPUS FOUNDATION
    4370 TUJUNGA AVENUE SUITE 330
    STUDIO CITY,CA91604     		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000
    NCJW-HIPPY
    6922 NORTH BELMONT LANE
    FOX POINT,WI53217     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,000
    NEIGHBORHOOD HOUSE OF MILWAUKEE
    2819 W RICHARDSON PL
    MILWAUKEE,WI53208     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,000
    OPERATION DREAM
    PO BOX 270604
    MILWAUKEE,WI53227     		NONE PUBLIC CHARITY GENERAL OPERATIONS 20,000
    OPERATION RESTORATION
    PO BOX 56894
    NEW ORLEANS,LA70156     		NONE PUBLIC CHARITY GENERAL OPERATIONS 100
    PEARLS FOR TEEN GIRLS
    2100 N PALMER STREET
    MILWAUKEE,WI532123220     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    PLYMOUTH AREA COALITION FOR THE HOMELESS
    149 BISHOPS HWY
    KINGSTON,MA02364     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,500
    PLYMOUTH CENTER FOR THE ARTS
    11 NORTH STREET
    PLYMOUTH,MA02360     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,000
    PLYMOUTH EDUCATION FUND FOUNDATION
    125 HIGHLAND AVE
    PLYMOUTH,MA53073     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,000
    PLYMOUTH PHILHARMONIC
    PO BOX 3174
    PLYMOUTH,MA02361     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    RUACH INC
    6815 W CAPITOL DR
    MILWAUKEE,WI53216     		NONE PUBLIC CHARITY JEWISH ARTS AND MUSIC PROGRAMS 1,000
    SHARP LITERACY INC
    5775 N GLEN PARK ROAD SUITE 202
    MILWAUKEE,WI53209     		NONE PUBLIC CHARITY GENERAL OPERATIONS 30,000
    ST ANN'S CENTER
    2801 E MORGAN AVE
    MILWAUKEE,WI54207     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,000
    TOOLS FOR PEACE
    75 SOUTH GRAND AVE SUITE 217
    PASADENA,CA91105     		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000
    TRUE SKOOL INC
    161 W WISCONSIN AVE
    MILWAUKEE,WI53203     		NONE PUBLIC CHARITY PROGRAM SUPPORT 100
    UNITED PERFORMING ARTS FUND
    929 N WATER STREET
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    UNITED WAY OF GREATER MILWAUKEE
    225 W VINE ST
    MILWAUKEE,WI53212     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    UW-MILWAUKEE FOUNDATION
    3271 N LAKE DR
    MILWAUKEE,WI53211     		NONE PUBLIC CHARITY SCHOLARSHIP FUND 4,000
    WISCONSIN HUMANE SOCIETY
    4500 W WISCONSIN AVENUE
    MILWAUKEE,WI53208     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,100
    WISCONSIN PUBLIC TELEVISION PBS WISCONSIN
    821 UNIVERSITY AVE
    MADISON,WI53706     		NONE PUBLIC CHARITY SOCIALIST EXPERIMENT PROGRAM 2,500
    YOUNG PLAYWRIGHTS' THEATER
    2437 FIFTEENTH STREET NW 3RD FLOOR
    WASHINGTON,DC20009     		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000
    Total .................................bullet 3a 405,800
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 23  
    4 Dividends and interest from securities....     14 106,891  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     01 725  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 392,069  
    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).. 0 499,708 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    499,708
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,700 4,560   1,140

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BLACKROCK FDS V - 10240.136 SHS 103,089 106,190
    BLACKROCK CREDIT ALLOCATION - 7500 SHS 97,231 110,325
    FEDERATED HRMS ULTRASHORT BD - 15400.109 SHS 140,758 141,989
    PUTNAM ULTRA SHORT DURATION - 7003.029 SHS 70,593 70,731
    KROGER CO - 15000 SHS 15,014 15,012
    PHILLIPS 66 GTD SR NT 4.3%22 - 14000 SHS 14,212 14,662
    HOME DEPOT INC - 14000 SHS 14,453 14,437
    SUMITOMO MITSUI FINL GROUP - 10000 SHS 9,668 10,422
    ABBVIE INC SR NT 2.9%22 - 15000 SHS 14,965 15,691
    MORGAN STANLEY OID - 14000 SHS 14,122 14,775
    UNITED STATES TREASURY NOTE - 21000 SHS 21,945 21,978
    VERIZON COMMUNICATIONS INC - 13000 SHS 14,553 14,649
    UNITED STATES TREASURY NOTE - 24000 SHS 24,939 25,002
    FEDEX CORP - 15000 SHS 16,464 16,613
    GOLDMAN SACHS GROUP INC - 15000 SHS 16,411 16,575
    UNITED STATES TREASURY NOTE - 24000 SHS 25,437 25,499
    LOWES COS INC - 15000 SHS 15,547 16,298
    UNITED STATES TREASURY BONDS - 23000 SHS 29,385 29,448
    COMCAST CORP NEW - 15000 SHS 15,408 16,584
    UNITED STATES TREASURY NOTE - 23000 SHS 24,767 24,824
    BIOGEN INC - 15000 SHS 17,038 17,189
    CITIGROUP INC - 15000 SHS 16,633 17,045
    BANK OF NOVA SCOTIA - 15000 SHS 15,816 16,538
    VALERO ENERGY CORP NEW - 15000 SHS 16,410 16,447
    APPLE INC - 15000 SHS 16,657 17,112
    COSTCO WHSL CORP NEW - 15000 SHS 15,352 15,454
    AMERICAN WTR CAP CORP - 15000 SHS 16,487 16,585
    BANK AMER CORP - 15000 SHS 16,632 16,786
    ORACLE CORP - 15000 SHS 16,958 17,116
    UNITED STATES TREASURY BONDS - 14000 SHS 19,110 19,007
    BLACKROCK INC - 15000 SHS 17,283 17,290
    INTEL CORP - 15000 SHS 16,182 16,271
    AFLAC INC - 14000 SHS 16,371 16,478
    US BANCORP - 15000 SHS 14,863 15,036

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ISHARES CORE S&P 500 ETF - 1500 SHS 435,596 563,085
    OWL ROCK CAPITAL CORPORATION - 10000 SHS 123,493 126,600
    PRIMECAP ODYSSEY FDS-AGGRESSIVE - 5738.828 SHS 252,171 308,003
    WELLS FARGO FUNDS - 5595.767 SHS 149,019 203,742
    ARTISAN PARTNERS FDS INC - 18805.666 SHS 631,747 746,397
    NEW WORLD FD INC NEW - 3061.02 SHS 144,024 268,421
    PEAR TREE POLARIS FOREIGN VALUE SM CAP - 8439.004 SHS 106,208 125,657
    SHARES MSCI ACWI EX US INDEX - 3000 SHS 155,602 159,120
    AMERICAN EXPRESS COMPANY - 191 SHS 21,229 23,094
    AMERISOURCEBERGEN CORP - 166 SHS 12,419 16,228
    CHARLES SCHWAB CORP NEW - 594 SHS 18,518 31,506
    CIMAREX ENERGY CO - 301 SHS 5,121 11,291
    CISCO SYSTEMS INC - 514 SHS 20,689 23,002
    CONOCOPHILLIPS - 165 SHS 10,314 6,598
    DISCOVERY INC - 590 SHS 14,458 15,452
    EXELON CORPORATION - 506 SHS 22,410 21,363
    EXXON MOBIL CORP - 420 SHS 18,891 17,312
    FACEBOOK INC - 44 SHS 4,032 12,019
    GENERAL DYNAMICS CORP - 143 SHS 17,679 21,281
    GLOBE LIFE INC - 233 SHS 18,365 22,126
    HARTFORD FINANCIAL SERVICES - 514 SHS 21,791 25,176
    INGREDION INC - 299 SHS 23,170 23,522
    JOHNSON & JOHNSON - 158 SHS 22,457 24,866
    KROGER CO - 389 SHS 10,129 12,355
    LOWES COMPANIES INC - 61 SHS 6,889 9,791
    MCKESSON CORP - 93 SHS 11,293 16,175
    OGE ENERGY CORP - 435 SHS 13,233 13,859
    PNC FINANCIAL SVCS GROUP INC - 156 SHS 18,781 23,244
    PPG INDUSTRIES INC - 118 SHS 13,113 17,018
    PPL CORPORATION - 588 SHS 15,377 16,582
    TARGET CORP - 69 SHS 5,280 12,181
    TRAVELERS COMPANIES INC - 150 SHS 17,574 21,056
    TRUIST FINANCIAL CORPORATION - 358 SHS 14,572 17,159
    UNITED PARCEL SVC INC - 128 SHS 12,488 21,555
    US BANCORP DEL - 561 SHS 23,506 26,137
    VERIZON COMMUNICATIONS - 538 SHS 30,566 31,608
    WALGREEN BOOTS ALLIANCE INC - 587 SHS 22,523 23,410
    WELLS FARGO & CO - 786 SHS 27,283 23,721
    WILLIAMS COMPANIES INC - 759 SHS 13,134 15,218
    GLAXOSMITHKLINE PLC - 707 SHS 28,615 26,018
    HONDA MOTOR CO LTD - 217 SHS 6,070 6,130
    MEDTRONIC PLC - 330 SHS 24,003 38,656
    NATIONAL GRID PLC - 198 SHS 10,803 11,688
    SANOFI - 277 SHS 12,977 13,459
    TOTAL S A - 432 SHS 17,613 18,105
    AGNC INVESTMENT CORP - 917 SHS 14,109 14,305
    AGILENT TECHNOLOGIES INC - 135 SHS 5,782 15,996
    AIR LEASE CORPORATION - 314 SHS 12,522 13,948
    ALBEMARLE CORPORATION - 70 SHS 5,047 10,326
    BECTON DICKINSON & CO - 49 SHS 7,111 12,261
    BLACK KNIGHT INC - 76 SHS 1,933 6,715
    CARTERS INC - 76 SHS 7,224 7,149
    CBRE GROUP INC - 223 SHS 7,398 13,987
    CIT GROUP INC - 106 SHS 5,033 3,805
    EAST WEST BANCORP INC - 266 SHS 12,421 13,489
    EMCOR GROUP INC - 109 SHS 4,831 9,969
    EURONET WORLDWIDE INC - 139 SHS 10,937 20,144
    FIDELITY NATIONAL FINANCIAL - 162 SHS 4,645 6,333
    FIRST REPUBLIC BANK SAN FRAN - 82 SHS 4,897 12,048
    HEXCEL CORP NEW - 183 SHS 9,230 8,874
    IDEX CORP - 11 SHS 838 2,191
    JACOBS ENGINEERING GROUP INC - 117 SHS 5,299 12,748
    KEYSIGHT TECHNOLOGIES INC - 119 SHS 4,234 15,719
    LABORATORY CORP AMER HLDGS - 48 SHS 6,163 9,770
    LIBERTY MEDIA CORP SER C - 113 SHS 4,246 4,814
    MOHAWK INDUSTRIES INC - 39 SHS 7,010 5,497
    PVH CORP - 89 SHS 8,476 8,356
    ROPER TECHNOLOGIES NEW - 21 SHS 3,565 9,053
    ROSS STORES INC - 148 SHS 8,003 18,176
    SEI INVESTMENTS CO - 139 SHS 6,408 7,988
    SLM CORPORATION - 1058 SHS 9,974 13,109
    VIRTY FINL INC - 239 SHS 5,294 6,016
    WABTEC CORP - 43 SHS 3,063 3,148
    XILINX INC - 51 SHS 5,404 7,230
    BANK OF NT BUTTERFIELD & SON LTD - 235 SHS 7,315 7,323
    GENPACT LIMITED - 238 SHS 5,812 9,844
    ALEXANDRIA REAL EST EQUITIES - 47 SHS 5,592 8,376
    EQUINIX INC - 13 SHS 5,206 9,284
    MID AMERICA APT COMMUNITIES - 76 SHS 6,983 9,628
    ADOBE INC - 71 SHS 15,955 35,509
    ALPHABET INC - 28 SHS 6,854 49,053
    AMAZON.COM INC - 15 SHS 9,068 48,854
    AUTODESK INC - 151 SHS 23,150 46,106
    BROWNFORMAN CORP B - 372 SHS 18,863 29,548
    CINTAS CORP - 110 SHS 20,281 38,881
    COSTCO WHOLESALE CORP-NEW - 66 SHS 6,198 24,867
    DANAHER CORP - 161 SHS 11,849 35,765
    DEXCOM INC - 86 SHS 5,982 31,796
    EDWARDS LIFESCIENCES CORP - 380 SHS 17,765 34,667
    ELECTRONIC ARTS INC - 348 SHS 39,969 49,973
    ESTEE LAUDER COMPANIES INC - 127 SHS 8,333 33,806
    FORTIVE CORP - 490 SHS 22,813 34,702
    INTUIT INC - 122 SHS 18,672 46,342
    INTUITIVE SURGICAL INC - 67 SHS 20,554 54,813
    LULULEMON ATHLETICA - 71 SHS 14,914 24,710
    L3HARRIS TECHNOLOGIES INC - 154 SHS 29,219 29,109
    MASTERCARD INC - 180 SHS 51,828 64,249
    MATCH GROUP, INC - 215 SHS 23,407 32,506
    MICROSOFT CORP - 241 SHS 26,921 53,603
    PAYPAL HOLDINGS - 209 SHS 8,804 48,948
    ROPER TECHNOLOGIES NEW - 87 SHS 17,759 37,505
    SERVICENOW INC - 46 SHS 24,560 25,320
    SHERWIN WILLIAMS CO - 50 SHS 20,494 36,746
    THERMO FISHER SCIENTIFIC INC - 100 SHS 14,776 46,578
    ZOETIS INC - 267 SHS 20,197 44,189
    ALIBABA GROUP HOLDING LTD - 106 SHS 15,816 24,669
    GENPACT LIMITED - 434 SHS 6,504 17,950
    NXP SEMICONDUCTORS N V - 211 SHS 21,705 33,551
    SHOPIFY INC - 34 SHS 34,389 38,486

    TY 2020 InvestmentsOtherSchedule2
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    COHEN & STEERS REIT - 8500 SHS AT COST 148,613 194,055
    PRINCIPAL FDS INC - 17812.76 SHS AT COST 203,202 214,466
    TRUST FOR ADVISED PORTFOLIOS - 31826.725 SHS AT COST 394,270 404,518
    SBA COMMUNICATIONS CORP NEW - 124 SHS AT COST 13,006 34,984

    TY 2020 LegalFeesSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 84,000 67,200   16,800


    TY 2020 OtherAssetsSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ISRAEL BOND 100,000 100,000 100,000


    TY 2020 OtherDecreasesSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Description Amount
    BROKER BOND BASIS ADJUSTMENTS/TIMING ADJ 7,745


    TY 2020 OtherExpensesSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AGENCY AND WIRE TRANSFER FEES 207 207   0
    OTHER EXPENSES 127 0   127


    TY 2020 OtherIncomeSchedule2
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    IRS REFUND 725 725 725


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISOR FEES 30,228 30,228   0


    TY 2020 TaxesSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1,364 1,364   0
    ESTIMATED EXCISE TAX PAID - CURRENT YEAR 4,000 0   0
    EXCISE TAX PAID - PRIOR YEAR 738 0   0