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
Muna & Basem Hishmeh Foundation Inc
 
% Muna & Basem Hishmeh Foundat
Number and street (or P.O. box number if mail is not delivered to street address)1850 S Ocean Drive Unit 310
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Hallandale Beach, FL33009
A Employer identification number

65-1270242
B Telephone number (see instructions)

(954) 458-1778
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$5,223,313J 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) 10
2 Check bullet.............
3 Interest on savings and temporary cash investments 422 422  
4 Dividends and interest from securities... 75,323 75,323  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 162,687
b Gross sales price for all assets on line 6a 1,706,610
7 Capital gain net income (from Part IV, line 2)... 162,687
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).......      
12 Total. Add lines 1 through 11........ 238,442 238,432  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 90,546 87,996   2,550
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,962 2,562    
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 23,842 1,123   22,719
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 119,350 91,681   25,269
25 Contributions, gifts, grants paid....... 272,500 272,500
26 Total expenses and disbursements. Add lines 24 and 25 391,850 91,681   297,769
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -153,408
b Net investment income (if negative, enter -0-) 146,751
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......... 398,464 443,866 443,866
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) 259,663 Click to see attachment231,016 239,217
b Investments—corporate stock (attach schedule)....... 3,068,606 Click to see attachment2,879,390 4,521,151
c Investments—corporate bonds (attach schedule).......   Click to see attachment19,053 19,079
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,726,733 3,573,325 5,223,313
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 3,726,733 3,573,325
29 Total net assets or fund balances (see instructions)..... 3,726,733 3,573,325
30 Total liabilities and net assets/fund balances (see instructions). 3,726,733 3,573,325
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
3,726,733
2
Enter amount from Part I, line 27a .....................
2
-153,408
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,573,325
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,573,325
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
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 1,706,610   1,543,923 162,687
b
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       162,687
b
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 2 162,687
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 2,040
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  
3 Add lines 1 and 2........................... 3 2,040
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,040
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,932
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,932
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 892
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet892 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)
    bulletNJ
    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 addressbullet  
    14
    The books are in care ofbulletMuna & Basem Hishmeh Foundatio Telephone no.bullet (954) 458-1778

    Located atbullet1850 S Ocean Drive Unit 3104Hallendale BeachFL ZIP+4bullet33009
    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
     
     
    ........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
    Basem L Hishmeh Pres, Dir
    2.0     		0 0 0
    1850 S Ocean Drive Unit 310
    Hallandale Beach,FL33009
    Muna Hishmeh Sec, Dir
    1.0     		0 0 0
    1850 S Ocean Drive Unit 310
    Hallandale Beach,FL33009
    Robert Hishmeh Treas, Dir
    1.0     		0 0 0
    1850 S Ocean Drive Unit 310
    Hallandale Beach,FL33009
    Amal Ibrahimaj VP, Dir
    1.0     		0 0 0
    1850 S Ocean Drive Unit 310
    Hallandale Beach,FL33009
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
    UBS Financial Services Investment Mgmt 88,799
    18851 NE 29TH AVE
    AVENTURA,FL331802808
    Total number of others receiving over $50,000 for professional services.............bullet  
    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.........................bullet  
    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
    4,194,367
    b
    Average of monthly cash balances.......................
    1b
    351,606
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,545,973
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    4,545,973
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    68,190
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,477,783
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    223,889
    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
    223,889
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,040
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,040
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    221,849
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    221,849
    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
    221,849
    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
    297,769
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    297,769
    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
    297,769
    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 7 221,849
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 71,167
    b From 2016...... 94,660
    c From 2017...... 83,528
    d From 2018...... 91,317
    e From 2019...... 84,764
    fTotal of lines 3a through e........ 425,436
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 297,769
    a Applied to 2019, 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)........     		 
    d Applied to 2020 distributable amount..... 221,849
    e Remaining amount distributed out of corpus 75,920
    5 Excess distributions carryover applied to 2020.    
    (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 5 501,356
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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 ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		71,167
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		430,189
    10 Analysis of line 9:
    a Excess from 2016.... 94,660
    b Excess from 2017.... 83,528
    c Excess from 2018.... 91,317
    d Excess from 2019.... 84,764
    e Excess from 2020.... 75,920
    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).)
    Basem L Hishmeh
    Muna Hishmeh
    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
    AL KAMANDJATI ASSOCIATION
    PO BOX 943
    RAMALLAH,WEST BANK  
    IS     		N/A PC General & Unrestricted 15,000
    ARAB COMMUNITY CENTER FOR ECONOMIC & SOCIAL SERVIC
    2651 SAULINO CT
    DEARBORN,MI48120     		N/A PC Children's Sunday Art/Craft Program 5,000
    ARAB COMMUNITY CENTER FOR ECONOMIC & SOCIAL SERVIC
    2651 SAULINO CT
    DEARBORN,MI48120     		N/A PC Photography Program 10,000
    CUYAHOGA VALLEY YOUTH BALLET
    PO BOX 3131
    CUYAHOGA FLS,OH44223     		N/A PC Outreach and Dance Program 2,500
    EDWARD SAID NATIONAL CONSERVATORY OF MUSIC
    AL ZAHRA ST NO 20 PO BOX 66676
    JERUSALEM,Palestine91666
    IS     		N/A PC General & Unrestricted 30,000
    FIRST RAMALLAH GROUP
    AL-TIREH ST PO BOX 2017
    RAMALLAH PALESTINE   91666
    IS     		N/A PC General & Unrestricted 30,000
    FREE ARTS FOR ABUSED CHILDREN OF NEW YORK CITY INC
    1431 BROADWAY 7TH FL
    NEW YORK,NY10018     		N/A PC General & Unrestricted 15,000
    GUITAR CENTER MUSIC FOUNDATION
    453 CANYON CREST DR
    SIMI VALLEY,CA93065     		N/A PC General & Unrestricted 2,500
    NATIONAL DANCE INSTITUTE INC
    217 W 147TH ST
    NEW YORK,NY10039     		N/A PC Irene Diamond Summer Institute program 20,000
    NEW 42ND STREET INC
    229 W 42ND ST 10TH FL
    NEW YORK,NY10036     		N/A PC New Victory Children's Education Program of The New Victory Theatre 15,000
    PHILHARMONIC-SYMPHONY SOCIETY OF NEW YORK INC
    10 LINCOLN CENTER PLZ
    NEW YORK,NY10023     		N/A PC Children's Educational Program 35,000
    RAWDAT EL-ZUHUR AL-QUDS Music Art and Drama Progr
    PO BOX 19796
    JERUSALEM PALESTINE   91017
    IS     		N/A PC General & Unrestricted 30,000
    ROUNDABOUT THEATRE COMPANY INC
    231 W 39TH ST STE 1200
    NEW YORK,NY10018     		N/A PC Hishmeh Endowed Fund 10,000
    ROUNDABOUT THEATRE COMPANY INC
    231 W 39TH ST STE 1200
    NEW YORK,NY10018     		N/A PC Youth Education Program 15,000
    THE MUSICAL ARTS ASSOCIATION
    11001 EUCLID AVE
    CLEVELAND,OH44106     		N/A PC Cleveland Orchestra's Learning Through Music School Partnership 2,500
    THE WILLIAM PATERSON UNIVERSITY OF NEW JERSEY FOUN
    300 POMPTON RD
    WAYNE,NJ07470     		N/A PC Paterson Middle School System Music Project and Exchange Activities with ESNCM 25,000
    YABOUS (RA)
    10 AL ZAHRA - PO BOX 54874
    JERUSALEM   91666
    IS     		N/A PC General & Unrestricted 10,000
    Total .................................bullet 3a 272,500
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		    14 422  
    4 Dividends and interest from securities....     14 75,323  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 162,687  
    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)..   238,432  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    238,432
    (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


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    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

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    TY 2020 DepreciationSchedule
    Name:
    Muna & Basem Hishmeh Foundation Inc
    EIN:
    65-1270242
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Muna & Basem Hishmeh Foundation Inc
    EIN:
    65-1270242
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FEDL NATL MTG ASSN SER BENCHMA 19,053 19,079

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Muna & Basem Hishmeh Foundation Inc
    EIN:
    65-1270242
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 4,707 8,914
    ABBOTT LABS 6,999 13,029
    ABBVIE INC 21,859 27,859
    ACCENTURE PLC 11,891 19,852
    ACCOR SA 10,022 8,136
    ADIDAS AG 10,898 14,456
    ADOBE SYSTEMS, INC 17,828 45,011
    ADVANCED MICRO DEVICES INC 7,145 9,630
    AES CORP 11,262 21,385
    AIA GROUP LTD ADR 10,604 19,701
    AIR PRODS & CHEM INC 8,854 14,207
    AKAMAI TECH COM STK 13,316 15,644
    ALIBABA GROUP HOLDING LTD 5,283 7,215
    ALLIANZ SE 10,224 15,727
    ALPHABET INC CL A 29,156 77,116
    ALPHABET INC CL C 3,715 22,774
    AMAZON COM 55,938 123,764
    AMERICAN TOWER REIT INC 15,977 23,119
    AMERIPRISE FINANCIAL INC 9,734 13,020
    AMPHENOL CORPORATION 14,527 21,054
    ANGLO AM PLC ADR 7,335 7,274
    ANTHEM INC 10,623 10,596
    APPLE INC 36,258 125,924
    ASML HOLDING NV NY REG SHS 8,846 32,677
    ASSA ABLOY UNSP/ADR 8,757 8,918
    AT&T, INC 24,349 22,462
    ATLAS COPCO AB A SHS ADR 10,123 13,332
    AUTOMATIC DATA PROCESSING INC 4,744 18,149
    AXA ADS 9,137 9,221
    BAKER HUGHES COMPANY 23,633 14,366
    BANK OF AMERICA CORP 31,813 37,645
    BECTON DICKINSON & CO 9,101 11,260
    BERKSHIRE HATHAWAY INC. CLASS 7,751 27,129
    BHP BILLITON LIMITED 20,204 23,522
    BOOZ ALLEN HAMILTON HOLDING CO 16,318 19,964
    BOSTON SCIENTIFIC 8,386 7,657
    BROADCOM INC 12,812 18,828
    CADENCE DESIGN SYSTEMS INC 11,170 22,102
    CALRSBERG AS SP ADR REP B 7,285 8,225
    CAP GEMINI SA UNSP/ADR 7,856 10,821
    CBRE GROUP 19,255 24,210
    CDW CORP 11,517 18,846
    CENTENE CORP 15,812 17,049
    CHARTER COMMUNICATIONS, INC 11,144 19,847
    CHEVRON CORP 14,335 12,752
    CHURCH & DWIGHT 13,965 16,835
    CINTAS CRP 11,818 19,087
    CITIGROUP INC 26,889 31,200
    CME GROUP, INC 3,068 4,733
    COMCAST CORP 35,535 76,871
    COMMONWEALTH BK AUS-SP ADR 8,365 13,764
    CONAGRA FOODS INC 10,684 13,489
    CONOCOPHILLIPS 8,616 8,318
    CORNING INC 9,185 13,356
    COUSINS PROPERTIES INC 6,957 6,466
    CUMMINS INC 18,773 22,483
    DARDEN RESTAURANTS INC 8,067 11,912
    DBS GROUP HLDGS SPON ADR 11,287 15,134
    DEERE CO 9,289 14,798
    DELTA AIR LINES INC 10,470 9,972
    DEUTSCHE BOERSE ADR 6,240 8,197
    DIAGEO PLC ADS 22,945 25,251
    DICK'S SPORTING GDS 6,507 6,970
    DISCOVER FINL SVCS COM 20,009 29,513
    DISCOVERY INC (FORMERLY DISC C 13,955 15,376
    DOLLAR GENERAL CORP 13,257 28,180
    DU PONT DE NEMOURS 11,882 11,946
    ECOLAB INC 2,885 8,654
    ELECTRONIC ARTS 11,160 17,519
    ELI LILLY & CO 13,608 19,923
    EOG RESOURCES INC 5,403 4,937
    EXXON MOBIL CORP 7,214 4,328
    FACEBOOK INC 30,126 50,261
    FANUC LIMITED UNSPONSORED 8,313 11,283
    FERGUSON PLC SPON ADR 8,007 12,413
    FIDELITY NATIONAL INFORMATION 6,712 6,790
    FISERV INC 14,683 15,030
    FLEXTRONICS INTERNATIONAL 8,568 14,420
    FORTINET INC 10,349 18,418
    FOX CORP CL A 7,198 7,571
    FREEPORT-MCMORAN COPPER & GOLD 11,491 25,317
    GENERAL ELECTRIC CO 19,351 18,608
    GENPACT LIMITED 17,380 18,074
    GILEAD SCIENCES INC 15,512 12,176
    GLAXOSMITHKLINE PLC 15,674 14,536
    GLOBAL PAYMENTS INC 6,436 20,680
    HCA INC 16,365 22,038
    HDFC BANK LTD ADR 8,021 12,067
    HOME DEPOT INC 12,752 30,546
    HONEYWELL INTL 26,162 48,283
    HONG KONG EX&CL UNSP/ADR 8,015 12,809
    HORIZON PHARMA PLC 8,716 20,336
    HOYA CORP SPONS ADR 15,032 23,039
    HP INC 7,606 9,246
    IAC INTERACTIVE CORP 13,159 25,184
    IBERDROLA ADR 8,343 11,155
    ILLINOIS TOOL WORKS 11,554 18,349
    INDUSTRIA DE DISENO 10,939 10,843
    ING GROUP N V SPONSORED ADR 8,973 7,845
    INTERCONTINENTAL EXCHANGE, INC 14,907 26,978
    INTERNATIONAL BUSINESS MACHINE 29,466 26,057
    JOHNSON & JOHNSON 45,826 62,637
    JOHNSON CONTROLS INTERNATIONAL 18,333 21,711
    JONES LANG LASALLE 5,989 7,864
    JP MORGAN CHASE 36,199 70,143
    KAO CORP 14,169 14,375
    KERING UNSPON ADR EA REPR 0.1 7,794 9,853
    KINDER MORGAN INC 5,169 3,828
    KLA TENCOR CORP 10,108 21,490
    KOMATSU LTD 9,119 10,906
    KONE OYJ ADR B SHS 7,751 12,029
    KUBOTA CORPORATION 7,077 10,703
    L'OREAL ADR 10,354 15,154
    L3HARRIS TECHNOLOGIES 7,521 6,805
    LAFARGEHOLCIM LTD ADR 9,523 10,200
    LAM RESEARCH CORP 6,140 22,197
    LEGAL & GENERAL GROUP 9,955 10,518
    LEGRAND INC 7,701 10,076
    LENNAR CORP 13,459 23,098
    LINDE PLC COM 15,828 17,128
    LOCKHEED MARTIN CORP 15,707 15,974
    LONDON STK EXCHANGE GROUP 6,214 8,628
    LONZA GROUP AG UNSP/ADR 8,141 10,701
    LOWES COMPANIES INC 16,172 18,619
    LULULEMON ATHLETICA INC 15,278 16,009
    LVMH MOET HENN UNSP 11,753 27,940
    MAKITA CORP 4,687 9,412
    MARTIN MARIETTA MATLS INC 17,955 21,298
    MASTERCARD INC 8,929 19,275
    MCKESSON CORP 12,059 15,653
    MEDTRONIC PLC 35,983 42,053
    MERCK & CO INC 28,338 33,374
    METLIFE INC 14,899 14,930
    MICRON TECHNOLOGY 12,026 19,396
    MICROSOFT CORP 26,207 125,223
    MOLINA HEALTHCARE 9,827 18,716
    MONDELEZ INTERNATIONAL INC 8,946 11,636
    MORGAN STANLEY 23,979 30,839
    MOTOROLA SOLUTIONS INC 17,150 19,897
    MUENCHENER RUECKVERS 8,593 10,904
    NESTLE S.A 19,388 28,036
    NEXTERA ENERGY, INC 23,199 29,317
    NIDEC CORPORATION ADR 5,589 15,279
    NIKE INC-CL B 11,963 19,806
    NORFOLK SOUTHERN CORP 24,467 32,077
    NOVARTIS AG ADR 12,860 17,281
    NOVO NORDISK A S 14,330 22,701
    NVIDIA CORP 14,351 41,776
    O'REILLY AUTOMOTIVE INC 5,943 17,198
    ON SEMICONDUCTOR 11,242 16,790
    ORACLE CORP 6,280 8,668
    OTIS WORLDWIDE CORP 2,579 3,850
    PALO ALTO NETWORKS INC 5,471 9,240
    PAYPAL HOLDINGS, INC 21,175 57,379
    PEPSICO INC 26,578 43,007
    PERKIN ELMER INC 17,397 18,655
    PFIZER INC 5,824 12,331
    PING AN INSURANCE GROUP ADR 4,611 11,638
    PIONEER NAT RES CO 7,599 5,125
    PNC FINANCIAL GROUP INC 10,630 12,218
    PPG INDUSTRIES INC 4,325 21,200
    PROCTER GAMBLE CO 31,038 48,003
    PROGRESSIVE CORP OHIO 11,714 18,787
    PRUDENTIAL PLC SC 12,275 12,704
    QUALCOMM INC 8,309 18,433
    RAYTHEON TECHNOLOGIES CORP 10,954 23,956
    RECKITT BENCKISER GROUP 11,855 11,488
    RECRUIT HOLDINGS CO 9,646 11,328
    RELX PLC 8,459 10,481
    RIO TINTO PLC SPONSORED ADR 7,768 13,013
    ROCHE HOLDING LTD ADR 15,752 21,525
    ROCKWELL AUTOMATION INC 14,411 15,801
    ROPER INDUSTRIES 13,041 17,244
    ROSS STORES, INC 12,086 23,948
    S&P GLOBAL INC COM 10,193 15,779
    SAFRAN SA - UNSPON ADR 6,484 10,071
    SALESFORCE.COM 24,910 32,934
    SANDS CHINA LTD UNSP ADR 5,960 6,283
    SAP AKTIENGESELL ADS 12,151 22,297
    SCHLUMBERGER LTD 10,880 12,159
    SCHNEIDER ELEC UNSP/ADR 9,044 17,457
    SEMPRA ENERGY COM 7,616 7,772
    SERVICE NOW 10,825 21,467
    SHIN-ETSU CHEMICAL C 6,792 18,120
    SMITH & NEPHEW PLC ADR 7,078 7,928
    SONY CORP ADR 11,973 22,444
    STANLEY BLACK & DECKER INC 10,339 10,356
    SVENSKA HANDELSBK UNS ADR 9,394 8,876
    SYMRISE AG UNSPONSORED 7,424 9,914
    SYSMEX CORP UNSP ASDR 8,871 11,007
    T-MOBILE US INC 4,929 5,933
    TAIWAN SEMICONDUCTOR MFG CO LT 8,092 31,404
    TARGET CORPORATION 18,542 31,069
    TENCENT HOLDINGS LIMITED 6,489 11,934
    TEXAS INSTRUMENTS INC 7,027 20,680
    TEXTRON INC 11,791 15,417
    THE BLACKSTONE GROUP INC CL A 5,483 8,360
    THE COCA-COLA CO 8,015 9,597
    THERMO FISHER SCIENTIFIC INC 10,088 19,097
    TJX COMPANIES INC 10,662 20,555
    TOKYO ELECTRON LTD 16,025 23,772
    TOTAL FINA ELF S.A 14,570 9,723
    TRAVELERS COMPANIES INC 7,703 21,617
    UNILEVER PLC AMER 14,040 15,633
    UNION PACIFIC 26,188 35,814
    UNITED PARCEL SERVICE 22,313 42,100
    UNITEDHEALTH GROUP INC 35,442 56,810
    US BANCORP 9,168 8,293
    VERTEX PHARMCTLS INC 16,195 13,708
    VIACOMCBS INC 13,827 16,543
    VIATRIS ORD SHS 317 768
    VINCI SA ADR 10,628 10,242
    VISA INC 29,739 69,775
    WAL-MART STORES INC 14,412 32,001
    WALT DISNEY HOLDINGS CO 28,607 53,267
    WASTE MANAGEMENT INC 25,658 39,035
    WEYERHAEUSER CO 3,307 3,856
    ZIMMER BIOMET HOLDINGS 5,591 6,472
    ZIONS BANCORP 5,694 7,428
    ZOETIS INC 18,601 29,956

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    Muna & Basem Hishmeh Foundation Inc
    EIN:
    65-1270242
    US Government Securities - End of Year Book Value:

    231,016
    US Government Securities - End of Year Fair Market Value:

    239,217
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2020 OtherExpensesSchedule
    Name:
    Muna & Basem Hishmeh Foundation Inc
    EIN:
    65-1270242
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 21,019     21,019
    Bank Charges 1,123 1,123    
    Foundation Dues & Memberships 1,700     1,700


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Muna & Basem Hishmeh Foundation Inc
    EIN:
    65-1270242
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 87,996 87,996    
    Philanthropic Consulting Srvcs 2,550     2,550


    TY 2020 TaxesSchedule
    Name:
    Muna & Basem Hishmeh Foundation Inc
    EIN:
    65-1270242
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 2,400      
    Foreign Tax Paid 2,562 2,562