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
JOSEPH R TAKATS FOUNDATION - CASH
 
Number and street (or P.O. box number if mail is not delivered to street address)1 RIGHTER PKWY NO 120
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE19803
A Employer identification number

16-1098026
B Telephone number (see instructions)

(212) 276-7988
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$3,136,420J 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      
4 Dividends and interest from securities... 49,214 49,214  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 230,414
b Gross sales price for all assets on line 6a 1,632,607
7 Capital gain net income (from Part IV, line 2)... 230,414
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........ 279,628 279,628  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 3,569 3,569   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,000 2,000   2,000
c Other professional fees (attach schedule).... Click to see attachment 46,817 23,409   23,409
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,575 335   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 56,961 29,313   25,409
25 Contributions, gifts, grants paid....... 138,300 138,300
26 Total expenses and disbursements. Add lines 24 and 25 195,261 29,313   163,709
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 84,367
b Net investment income (if negative, enter -0-) 250,315
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......... 51,332 95,601 95,601
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) 389,082 Click to see attachment396,530 417,775
b Investments—corporate stock (attach schedule)....... 929,721 Click to see attachment907,873 1,471,218
c Investments—corporate bonds (attach schedule)....... 140,942 Click to see attachment158,050 168,757
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 811,720 Click to see attachment855,926 983,069
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) 2,322,797 2,413,980 3,136,420
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........ 2,596,539 2,596,539
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds -273,742 -182,559
29 Total net assets or fund balances (see instructions)..... 2,322,797 2,413,980
30 Total liabilities and net assets/fund balances (see instructions). 2,322,797 2,413,980
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
2,322,797
2
Enter amount from Part I, line 27a .....................
2
84,367
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
6,816
4
Add lines 1, 2, and 3 ..........................
4
2,413,980
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,413,980
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 - ST P    
b PUBLICLY TRADED SECURITIES - LT P    
c CAPITAL GAINS DIVIDENDS P    
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 676,826   655,433 21,393
b 955,278   746,760 208,518
c 503     503
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       21,393
b       208,518
c       503
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 2 230,414
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 3,479
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 3,479
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 3,479
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,350
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 3,150
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 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 1,013
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,013 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See 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)
    bulletNY
    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 ofbulletJOSEPH R TAKATS III Telephone no.bullet (212) 276-7988

    Located atbullet1195 COLVIN BLVDKENMORENY ZIP+4bullet14223
    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
    JOSEPH R TAKATS III TRUSTEE
    1.00     		0 0 0
    1195 COLVIN BLVD
    KENMORE,NY14223
    LEE A TAKATS TRUSTEE
    1.00     		0 0 0
    963 PARKSIDE AVE
    BUFFALO,NY14217
    MAURA LYNN LEAVITT TRUSTEE
    1.00     		0 0 0
    6004 NORTH 4TH ST
    ARLINGTON,VA22202
    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
    NONE
    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
    2,776,842
    b
    Average of monthly cash balances.......................
    1b
    70,191
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,847,033
    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
    2,847,033
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    42,705
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,804,328
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    140,216
    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
    140,216
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,479
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,479
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    136,737
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    136,737
    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
    136,737
    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
    163,709
    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
    163,709
    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
    163,709
    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 7 136,737
    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......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019...... 5,891
    fTotal of lines 3a through e........ 5,891
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 163,709
    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..... 136,737
    e Remaining amount distributed out of corpus 26,972
    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 32,863
    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) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		32,863
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019.... 5,891
    e Excess from 2020.... 26,972
    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
    AHIRA HALL MEMORIAL LIBRARY
    37 WEST MAIN STREET
    BROCKTON,NY14716     		NONE PC GENERAL SUPPORT 500
    ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION OF WNY
    2805 WEHRLE DRIVE STE 6
    WILLIAMSVILLE,NY14221     		NONE PC GENERAL SUPPORT 1,000
    AMERICAN CANCER SOCIETY
    101 JOHN JAMES AUDOBON PARKWAY
    WEST AMHERST,NY14228     		NONE PC GENERAL SUPPORT 1,000
    AMERICAN DIABETES ASSOCIATION OF WNY
    4955 N BAILEY AVE STE 217
    AMHERST,NY14226     		NONE PC GENERAL SUPPORT 1,000
    AMERICAN HEART ASSOCIATION OF WNY
    5488 SHERIDAN DR 300
    WILLIAMSVILLE,NY14221     		NONE PC GENERAL SUPPORT 2,000
    AMERICAN LUNG ASSOCIATION OF WESTERN NY INC
    210 JOHN GLENN DR 3
    BUFFALO,NY14228     		NONE PC GENERAL SUPPORT 850
    AMERICAN RED CROSS
    786 DELAWARE AVENUE
    BUFFALO,NY14209     		NONE PC GENERAL SUPPORT 1,000
    ASOC
    1630 CONNECTICUT AVE NW 300
    WASHINGTON,DC20009     		NONE PC GENERAL SUPPORT 500
    ARTA
    4444 38TH ST N
    ARLINGTON,VA222074550     		NONE PC GENERAL SUPPORT 1,000
    BOYS AND GIRLS CLUB OF AMERICA
    55 EAST BENTON STREET
    DUNKIRK,NY14048     		NONE PC GENERAL SUPPORT 300
    BREAST CANCER FUND
    1388 SUTTER STREET
    SAN FRANCISCO,CA94109     		NONE PC GENERAL SUPPORT 1,000
    BUFFALO & ERIE HISTORICAL SOCIETY ENDOWMENT
    25 NOTTINGHAM COURT
    BUFFALO,NY14216     		NONE PC GENERAL SUPPORT 1,800
    BUFFALO ARTS STUDIO
    2495 MAIN ST STE 500
    BUFFALO,NY14214     		NONE PC GENERAL SUPPORT 500
    BUFFALO CAN ANIMAL PATRY
    201 NORWALK
    BUFFALO,NY14216     		NONE PC GENERAL SUPPORT 750
    BUFFALO CITY MISSION
    100 EAST TUPPER STREET
    BUFFALO,NY14203     		NONE PC GENERAL SUPPORT 1,500
    BUFFALO FINE ARTS ACADEMY
    1285 ELMWOOD AVENUE
    BUFFALO,NY142163199     		NONE PC GENERAL SUPPORT 850
    BUFFALO MARITIME CENTER
    90 ARTHUR STREET
    BUFFALO,NY14207     		NONE PC GENERAL SUPPORT 500
    BUFFALO MUSEUM OF SCIENCE
    1020 HUMBOLDT PARKWAY
    BUFFALO,NY14211     		NONE PC GENERAL SUPPORT 850
    BUFFALO OLMSTED PARKS CONSERVANCY
    84 PARKSIDE AVE
    BUFFALO,NY14214     		NONE PC GENERAL SUPPORT 1,000
    BUFFALO PHILHARMONIC ORCHESTRA
    499 FRANKLIN STREET
    BUFFALO,NY14202     		NONE PC GENERAL SUPPORT 4,000
    BUFFALO SEMINARY
    205 BIDWELL PKWY
    BUFFALO,NY14222     		NONE PC GENERAL SUPPORT 650
    BUFFALO STATE COLLEGE FOUNDATION - DR MARY MURDOCK ENDOWED SCHOLARSHIP
    1300 ELMWOOD AVENUE
    BUFFALO,NY14222     		NONE PC GENERAL SUPPORT 1,000
    BUFFALO STATE COLLEGE FOUNDATION - HERMINA TAKATS ENDOWED SCHOLARSHIP
    1300 ELMWOOD AVENUE
    BUFFALO,NY14222     		NONE PC GENERAL SUPPORT 5,000
    BUFFALO STATE COLLEGE FOUNDATION - PARNES - NOLLER ENDOWED SCHOLARSHIP
    1300 ELMWOOD AVENUE
    BUFFALO,NY14222     		NONE PC GENERAL SUPPORT 1,000
    BUFFALO ZOO
    300 PARKSIDE AVENUE
    BUFFALO,NY14214     		NONE PC GENERAL SUPPORT 1,000
    BUFFALO ZOOLOGICAL GARDENS
    300 PARKSIDE AVENUE
    BUFFALO,NY14214     		NONE PC GENERAL SUPPORT 1,200
    CAMP GOOD DAYS & SPECIAL TIMES INC
    6430 TRANSIT RD
    DEPEW,NY14043     		NONE PC GENERAL SUPPORT 1,200
    CARLY'S CROSSING
    ELM CARLTON STREET
    BUFFALO,NY14263     		NONE PC GENERAL SUPPORT 500
    CATHOLIC CHARITIES
    525 WASHINGTON STREET
    BUFFALO,NY14203     		NONE PC GENERAL SUPPORT 750
    CEPA
    617 MAIN STREET SUITE 201
    BUFFALO,NY14203     		NONE PC GENERAL SUPPORT 300
    CHAUTAUQUA COUNTY FALLEN HEROES FUND
    212 LAKE SHORE DRIVE WEST
    DUNKIRK,NY14048     		NONE PC GENERAL SUPPORT 500
    CHAUTAUQUA COUNTY HISTORICAL SOCIETY
    15 EAST MAIN ST
    WESTFIELD,NY14787     		NONE PC GENERAL SUPPORT 500
    CHAUTAUQUA COUNTY HUMANE SOCIETY
    2825 STRUNK ROAD
    JAMESTOWN,NY14701     		NONE PC GENERAL SUPPORT 750
    CHAUTAUQUA RAILS AND TRAILS
    PO BOX 151
    MAYVILLE,NY14757     		NONE PC GENERAL SUPPORT 1,000
    CHAUTAUQUA WATERSHED CONSERVANCY
    413 N MAIN ST
    JAMESTOWN,NY14701     		NONE PC GENERAL SUPPORT 250
    CHILDREN'S HOSPITAL FOUNDATION OF BUFFALO
    219 BRYANT ST
    BUFFALO,NY14222     		NONE PC GENERAL SUPPORT 2,500
    CHILDREN'S HUNGER RELIEF FUND
    PO BOX 96012
    WASHINGTON,DC20090     		NONE PC GENERAL SUPPORT 1,600
    CHRON'S & COLITIS FOUNDATION OF AMERICA
    386 PARK AVE S 17TH FLOOR
    NEW YORK,NY100168801     		NONE PC GENERAL SUPPORT 1,000
    CLEARWATER MARINE AQUARIUM
    249 WINWOOD PASSAGE
    CLEARWATER,FL33767     		NONE PC GENERAL SUPPORT 500
    CROSSNORE SCHOOL
    PO BOX 249
    CROSSNORE,NC28616     		NONE PC GENERAL SUPPORT 400
    DIOCESE OF BUFFALO NY
    795 MAIN ST
    BUFFALO,NY142031250     		NONE PC GENERAL SUPPORT 400
    DISABLED AMERICAN VETERANS
    3725 ALEXANDRIA PIKE
    SPRING,KY41076     		NONE PC GENERAL SUPPORT 1,000
    DOCTORS WITHOUT BORDERS
    66 CANAL CENTRAL PLAZA SUITE 130
    ALEXANDRIA,VA22314     		NONE PC GENERAL SUPPORT 800
    EASTER SEALS OF NY
    230 WASHINGTON AVE EXTENSION
    ALBANY,NY12203     		NONE PC GENERAL SUPPORT 50
    ELMIRA COLLEGE
    ONE PARK PLACE
    ELMIRA,NY14901     		NONE PC GENERAL SUPPORT 2,000
    ERIE COUNTY SPCA
    205 ENSMINGER ROAD
    TONAWANDA,NY14150     		NONE PC GENERAL SUPPORT 1,400
    F-BITES
    1 SYMPHONY CIRCLE
    BUFFALO,NY14214     		NONE PC GENERAL SUPPORT 250
    FEEDING AMERICA
    PO BOX 96749
    WASHINGTON,DC20090     		NONE PC GENERAL SUPPORT 1,500
    FISH & WILDLIFE FOUNDATION OF FLORIDA
    6205 MERIDIAN STREET
    TALLAHASSEE,FL32302     		NONE PC GENERAL SUPPORT 800
    FOOD BANK OF WNY
    91 HOLT STREET
    BUFFALO,NY14206     		NONE PC GENERAL SUPPORT 1,000
    FOOD FOR OTHERS
    2938 PROSPERITY AVE
    FAIRFAX,VA22031     		NONE PC GENERAL SUPPORT 800
    FRANCISCAN MISSIONS INC
    PO BOX 130
    WATERFORD,WI53185     		NONE PC GENERAL SUPPORT 600
    FRANKLIN & MARSHAL COLLEGE
    PO BOX 3003
    LANCASTER,PA176043003     		NONE PC GENERAL SUPPORT 4,000
    GRAND ISLAND FIRE DEPARTMENT
    2275 BASELINE ROAD
    GRAND ISLAND,NY14072     		NONE PC GENERAL SUPPORT 500
    GREYSTONE NATURE PRESERVE
    8531 BEAR LAKE ROAD
    FREDONIA,NY14063     		NONE PC GENERAL SUPPORT 1,000
    HABITAT FOR HUMANITY
    322 W LAMAR STREET
    AMERICUS,GA31709     		NONE PC GENERAL SUPPORT 1,000
    HEBREW HOME OF GREATER WASHINGTON
    6121 MONTROSE ROAD
    ROCKVILLE,MD20852     		NONE PC GENERAL SUPPORT 1,000
    HOPE FOR CATS
    PO BOX 243
    BOSTON,NY14110     		NONE PC GENERAL SUPPORT 750
    HOSPICE CHAUTAUQUA COUNTY
    20 WEST FAIRMONT AVENUE
    LAKEWOOD,NY14750     		NONE PC GENERAL SUPPORT 500
    HOSPICE FOUNDATION OF WNY
    225 COMO PARK BOULEVARD
    BUFFALO,NY14227     		NONE PC GENERAL SUPPORT 1,700
    JAMES R RYAN PARAMEDIC FOUNDATION
    1835 SHERIDAN DRIVE
    BUFFALO,NY14223     		NONE PC GENERAL SUPPORT 1,000
    JEWISH SOCIAL SERVICE AGENCY
    6123 MONTROSE ROAD
    ROCKVILLE,MD20852     		NONE PC GENERAL SUPPORT 1,000
    KANSAS CITY UNIVERSITY OF MEDICAL AND BIOSCIENCES
    1750 INDEPENDENCE AVE
    KANSAS CITY,MO64106     		NONE PC GENERAL SUPPORT 12,000
    KENMORE WEST ALUMNI SCHOLARSHIP FOUNDATION INC
    33 HIGHLAND PKWY
    BUFFALO,NY14223     		NONE PC GENERAL SUPPORT 1,000
    KENTON MEALS ON WHEELS
    169 SHERIDAN PARKSIDE DRIVE
    TONAWANDA,NY14150     		NONE PC GENERAL SUPPORT 1,000
    MADD
    511 EAST JOHN CARPENTER PARKWAY
    IRVING,TX75062     		NONE PC GENERAL SUPPORT 1,000
    MAKE A WISH FOUNDATION OF WNY
    3901 GENESSAGE ST SUITE 110
    BUFFALO,NY14225     		NONE PC GENERAL SUPPORT 1,500
    MARCH OF DIMES
    PO BOX 1794
    NORFOLK,VA23501     		NONE PC GENERAL SUPPORT 500
    MARINE TOYS FOR TOTS FOUNDATION
    18251 QUANTICO GATEWAY DRIVE
    TRIANBLE,VA22172     		NONE PC GENERAL SUPPORT 500
    MARION THERAPEUTIC RIDING ASSN
    6850 SE 41ST COURT
    OCALA,FL34480     		NONE PC GENERAL SUPPORT 600
    MEALS ON WHEELS FOUNDATION OF WNY
    100 JAMES E CASEY DRIVE
    BUFFALO,NY14266     		NONE PC GENERAL SUPPORT 900
    MIRACLE FLIGHTS FOR KIDS
    5740 SOUTH EASTERN AVE
    VEGAS,NV89119     		NONE PC GENERAL SUPPORT 500
    MSAA
    706 HADDONFIELD ROAD
    CHERRY HILL,NJ12603     		NONE PC GENERAL SUPPORT 800
    NARDIN ACADEMY
    135 CLEVELAND AVENUE
    BUFFALO,NY14222     		NONE PC GENERAL SUPPORT 1,000
    NATIONAL HERITAGE TRUST (ALLEGANY REGION)
    4859 RT 430
    BEMUS POINT,NY14712     		NONE PC GENERAL SUPPORT 250
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    4245 UNION RD SUITE 108
    BUFFALO,NY14225     		NONE PC GENERAL SUPPORT 1,000
    NATURE SANCTUARY SOCIETY OF WESTERN NEW YORK INC
    PO BOX 828
    WEST SENECA,NY14224     		NONE PC GENERAL SUPPORT 500
    NCCF FOR CHILDREN'S LOVE FUND
    212 LAKE SHORE DRIVE WEST
    DUNKIRK,NY14048     		NONE PC GENERAL SUPPORT 500
    NCCF FOR FIX YOUR FELINE FUND
    212 LAKE SHORE DRIVE WEST
    DUNKIRK,NY14048     		NONE PC GENERAL SUPPORT 750
    NCCF FOR LITERACY VOLUNTEERS ENDOWMENT FUND
    212 LAKE SHORE DRIVE WEST
    DUNKIRK,NY14048     		NONE PC GENERAL SUPPORT 500
    NET POSITIVE INC (THE FOUNDRY)
    298 NORTHAMPTON ST
    BUFFALO,NY14208     		NONE PC GENERAL SUPPORT 600
    NIAGARA HOSPICE
    4675 SUNSET DRIVE
    LOCKPORT,NY14094     		NONE PC GENERAL SUPPORT 750
    NIAGARA UNIVERSITY
    PO BOX 2008
    UNIVERSITY,NY14109     		NONE PC GENERAL SUPPORT 500
    NICHOLS SCHOOL
    1250 AMHERST ST
    BUFFALO,NY14216     		NONE PC GENERAL SUPPORT 1,500
    OLMSTED CENTER FOR SIGHT
    1170 MAIN ST
    BUFFALO,NY14209     		NONE PC GENERAL SUPPORT 500
    ORCHARD PARK FIRE DISTRICT EMS
    4222 SOUTH TAYLOR ROAD
    PARK,NY14127     		NONE PC GENERAL SUPPORT 1,000
    PATTERSON LIBRARY
    40 S PORTAGE STREET
    WESTFIELD,NY14787     		NONE PC GENERAL SUPPORT 500
    PEOPLE INC FOUNDATOIN
    1219 N FOREST
    WILLIAMSVILLE,NY14221     		NONE PC GENERAL SUPPORT 500
    PLATTSBURG COLLEGE FOUNDATION INC
    201 BROAD ST HAWKINS HALL RM 107
    PLATTSBURG,NY12901     		NONE PC GENERAL SUPPORT 1,000
    PORTLAND VOLUNTEER FIRE DEPARTMENT
    PO BOX 229
    PORTLAND,NY14769     		NONE PC GENERAL SUPPORT 750
    RENSSLAER NEWMAN FOUNDATION
    110 8TH ST
    TROY,NY12180     		NONE PC GENERAL SUPPORT 750
    RENSSLAER POLYTECHNIC INSTITUTE
    110 8TH ST
    TROY,NY12180     		NONE PC GENERAL SUPPORT 4,000
    RMHC OF WNY INC
    780 WEST FERRY ST
    BUFFALO,NY14222     		NONE PC GENERAL SUPPORT 750
    ROSWELL PARK ALLIANCE FOUNDATION
    ELM CARLTON STREETS
    BUFFALO,NY14263     		NONE PC GENERAL SUPPORT 4,000
    SALVATION ARMY
    960 MAIN STREET
    BUFFALO,NY14202     		NONE PC GENERAL SUPPORT 1,000
    SEEING EYE INC
    10 WASHINGTON VALLEY ROAD PO BOX
    375
    MORRISTOWN,NJ079630375     		NONE PC GENERAL SUPPORT 700
    SMILE TRAIN
    P O BOX 96231
    WASHINGTON,DC20090     		NONE PC GENERAL SUPPORT 700
    SNYDER FIRE DEPT
    4531 MAIN STREET
    SNYDER,NY14226     		NONE PC GENERAL SUPPORT 500
    SOUTHERN POVERTY LAW CENTER
    400 WASHINGTON AVENUE
    MONTGOMERY,AL36104     		NONE PC GENERAL SUPPORT 400
    SPCA OF SUMTER COUNTY
    994 CR 529 A
    LAKE PANASOFFKEE,FL33538     		NONE PC GENERAL SUPPORT 1,000
    SPECIAL OLYMPICS OF FLORIDA
    1915 DON WICKHAM DRIVE
    CLERMONT,FL34711     		NONE PC GENERAL SUPPORT 700
    ST JOSEPHS COLLEGIATE INSTITUTE
    845 KENMORE AVE
    KENMORE,NY14223     		NONE PC GENERAL SUPPORT 1,250
    ST JOSEPHS ELEMENTARY SCHOOL
    3275 MAIN STREET
    BUFFALO,NY14214     		NONE PC GENERAL SUPPORT 500
    ST MARK SCHOOL
    399 WOODWARD
    BUFFALO,NY14214     		NONE PC GENERAL SUPPORT 750
    ST MARY'S SCHOOL FOUNDATOIN
    2253 MAIN STREET
    BUFFALO,NY14214     		NONE PC GENERAL SUPPORT 500
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    PO BOX 50
    MEMPHIS,TN381019929     		NONE PC GENERAL SUPPORT 200
    ST JUDE'S RESEARCH HOSPITAL
    PO BOX 3704
    MEMPHIS,TN381730704     		NONE PC GENERAL SUPPORT 1,000
    ST MARK'S EPISCOPAL CHURCH
    PAYNE AND TREMONT STREETS
    NORTH TONAWANDA,NY14120     		NONE PC GENERAL SUPPORT 2,000
    SUSAN B ANTHONY HOUSE
    17 MADISON STREET
    ROCHESTER,NY146081928     		NONE PC GENERAL SUPPORT 500
    TEMPLE BETH ZION
    805 DELAWARE AVENUE
    BUFFALO,NY14209     		NONE PC GENERAL SUPPORT 1,500
    TEN LIVES CLUB
    PO BOX 253
    BOSTON,NY14110     		NONE PC GENERAL SUPPORT 750
    THE KEVIN GUEST HOUSE
    782 ELLICOT STREET
    BUFFALO,NY14203     		NONE PC GENERAL SUPPORT 400
    TRI-CHURCH PARISH
    PO BOX R 41 EAST MAIN STREET
    BROCTON,NY14716     		NONE PC GENERAL SUPPORT 500
    TUTORS FOR KIDS INC
    2085 175TH LOOP
    SUMMERFIELD,FL34491     		NONE PC GENERAL SUPPORT 1,000
    UNCROWNED QUEENS
    984 PARKSIDE AVE
    BUFFALO,NY14216     		NONE PC GENERAL SUPPORT 300
    UNION RELIEF ASSOC OF WESTFIELD
    PO BOX 454
    WESTFIELD,NY14787     		NONE PC GENERAL SUPPORT 500
    UNIVERSITY OF MISSOURIKANSAS CITY
    5100 ROCKHILL ROAD
    KANSAS CITY,MO641102499     		NONE PC GENERAL SUPPORT 4,000
    US FUND FOR UNICEF
    PO BOX 27780
    NEWARK,NJ07101     		NONE PC GENERAL SUPPORT 1,500
    WESTFIELD COMMUNITY KITCHEN
    101 EAST MAIN STREET
    WESTFIELD,NY14787     		NONE PC GENERAL SUPPORT 750
    WESTFIELD STRAY CAT CLINIC
    59 EAST MAIN STREET
    WESTFIELD,NY14787     		NONE PC GENERAL SUPPORT 750
    WILDWOOD ELEMENTARY SCHOOL
    300 HUEY ST
    WILDWOOD,FL34785     		NONE PC GENERAL SUPPORT 600
    WILDWOOD FOOD PANTRY
    300 MASON STREET
    WILDWOOD,FL34785     		NONE PC GENERAL SUPPORT 1,500
    WNED
    PO BOX 806
    BUFFALO,NY14240     		NONE PC GENERAL SUPPORT 1,500
    WNY LAND CONSERVANCY
    PO BOX 471
    AURORA,NY14052     		NONE PC GENERAL SUPPORT 300
    YMCA PARTNER WITH YOUTH
    2564 DELAWARE AVENUE
    BUFFALO,NY14216     		NONE PC GENERAL SUPPORT 1,000
    YWCA OF WESTFIELD
    58 SOUTH PORTAGE STREET
    WESTFIELD,NY14787     		NONE PC GENERAL SUPPORT 500
    BOYSTOWN (FATHER FLANAGANS)
    14100 CRAWFORD STREET
    BOYSTOWN,NE68010     		NONE PC GENERAL SUPPORT 800
    Total .................................bullet 3a 138,300
    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 ...........     		         
    4 Dividends and interest from securities....     14 49,214  
    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 ............     		    18 230,414  
    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).. 0 279,628 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    279,628
    (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:
    JOSEPH R TAKATS FOUNDATION - CASH
    EIN:
    16-1098026
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,000 2,000   2,000

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    JOSEPH R TAKATS FOUNDATION - CASH
    EIN:
    16-1098026
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ANHEUSER-BUSCH INBEV WLDW I 3.5% 10,288 10,425
    APPLE INC 3% 9,596 10,146
    BANK AMER CORP 3.248% 17,690 20,144
    BERKSHIRE HATHAWAY INC DEL 3.125% 9,018 10,056
    CITI GROUP INC 2.35% 12,027 12,140
    CVS CAREMARK CORP 2.75% 19,998 20,791
    ENTERPRISE PRODS OPER LLC 3.75% 9,849 11,197
    EXXON MOBIL CORPORATION 3.176% 9,152 9,707
    GILEAD SCIENCES INC 3.5% 9,165 9,942
    JP MORGAN CHASE 3.625% 9,282 9,951
    SOUTHERN CO 2.35% 8,897 9,071
    TORONTO DOMINION BANK 3.25% 11,026 11,946
    UNITED STATES TREAS NTS 0.5% 10,121 10,092
    VERIZON COMMUNICATIONS 3.625% 11,941 13,149

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    JOSEPH R TAKATS FOUNDATION - CASH
    EIN:
    16-1098026
    Name of Stock End of Year Book Value End of Year Fair Market Value
    10X GENOMICS INC 857 1,982
    ABBOTT LABS 4,585 7,445
    ABBVIE INC 6,495 8,143
    ABOIMED INC 2,282 3,890
    ACCELERON PHARMA INC 2,730 3,710
    ACI WORLDWIDE IN 1,880 2,998
    ACTIVISION BLIZZARD, INC 2,377 4,550
    ADOBE SYSTEMS INC 5,028 12,003
    ADVANCED ENERGY INDS INC 763 2,133
    AGILENT TECHNOLOGIES INC 1,117 1,896
    AIR PRODS & CHEMS INC 2,802 5,464
    AIRBNB INC 1,011 1,028
    ALIBABA GROUP HOLDING ADR 9,137 13,498
    ALIGN TECHNOLOGY INC 2,701 6,413
    ALLEGHANY CORP 4,303 5,433
    ALLISON TRANSMISSION HOLDING 4,535 4,615
    ALLSTATE CORP 4,942 5,826
    ALNYLAM PHARMACEUTICALS INC 424 1,040
    ALPHABET INC CL A 2,854 7,011
    AMAZON COM INC 4,522 22,799
    AMERIPRISE FINANCIAL INC. 5,011 7,579
    AMGEN INC 1,418 2,069
    AMPHENOL CORP NEW 3,666 8,108
    ANTHEM INC 1,683 2,248
    APPLE COMPUTER INC 5,417 19,904
    APPLIED MATLS INC 2,298 4,488
    ARGENX SE 1,090 2,059
    ARISTA NETWORKS INC. 2,159 2,906
    ARMSTRONG WORLD INDUSTRIES INC 3,621 5,579
    ARROWHEAD PHARMACEUTICALS INC 929 5,218
    ATMOS ENERGY CORP 5,706 5,249
    ATRICURE INC 2,127 2,616
    AUTOMATIC DATA PROCESSING INC 3,243 4,229
    AVERY DENNISON CORP 1,136 1,551
    AXALTA COATING SYS LTD 3,300 3,483
    BALL CORP 1,527 3,727
    BANK AMERICA CORP 2,456 3,031
    BAUSCH HEALTH COS INC 3,266 3,328
    BEIGENE LTD 1,967 3,101
    BERRY PLASTICS GROUP INC 2,796 3,652
    BEST BUY COMPANY INC 1,415 1,696
    BIOMARIN PHARMACEUTICAL INC 5,290 5,700
    BLACK KNIGHT INC 5,082 7,068
    BLACKLINE INC 1,028 2,267
    BLACKROCK INC 3,068 5,772
    BLACKSTONE GROUP INC 521 972
    BLUEBIRD BIO INC 3,151 1,168
    BOOKING HLDGS INC 3,746 6,682
    BRISTOL MYERS SQUIBB CO 4,231 4,776
    BROADCOM INC 7,443 11,822
    BROWN FORMAN CORP CL B 2,561 4,925
    CARDINAL HEALTH INC 1,765 2,035
    CARMAX INC 7,210 9,352
    CARNIVAL CORP 1,407 1,949
    CARVANA CO 640 4,312
    CDK GLOBAL INC. 3,337 3,213
    CELANESE CORP-A 1,812 2,339
    CHAMPIONX CORPORATION 3,250 2,555
    CHEMED CORP 1,367 1,598
    CHEVRON CORPORATION 7,310 6,756
    CHEWY INC 701 1,798
    CHURCH & DWIGHT INC 622 785
    CHURCHILL DOWNS INC 1,209 2,532
    CIGNA CORP NEW 3,797 4,788
    CINCINNATI FINL CORP 6,583 8,650
    CINEMARK HOLDING INC 1,191 1,637
    CINTAS CORP 1,574 5,655
    CISCO SYS INC 7,245 8,816
    CITIGROUP INC 1,374 1,911
    CITIZENS FINANCIAL GROUP 3,134 4,434
    CITRIX SYS INC 4,077 6,505
    CLOUDFLARE INC 1,342 1,900
    CME GROUP INC. 1,729 2,003
    COCA COLA CO 1,543 1,700
    COGENT COMMUNICATIONS GROUP 2,207 1,676
    COGNEX CORP 1,758 2,890
    COMCAST CORP-CL A 1,781 2,830
    COPART INC 2,030 9,289
    COSTAR GROUP INC. 1,591 2,773
    COSTCO WHOLESALE CORP NEW 7,387 8,289
    COUPA SOFTWARE INC 1,332 4,745
    CROWN CASTLE INTL CORP NEW 7,072 8,915
    D T E ENERGY COMPANY 2,395 2,428
    DANAHER CORP 7,304 14,217
    DEXCOM 708 3,327
    DICK'S SPORTING GOODS INC 1,714 2,698
    DOLBY LABORATORIES INC-CL A 1,656 3,691
    DOLLAR GENERAL CORP 1,354 1,472
    DOLLAR TREE INC 4,516 6,050
    DOMINOS PIZZA INC 17,845 17,639
    DOORDASH INC 1,898 1,570
    DOVER CORP 1,428 1,894
    EATON CORP PLC 1,782 2,163
    EDWARDS LIFESCIENCES CORP 1,829 4,562
    EMCOR GROUP INC 2,153 3,201
    ENTEGRIS INC 4,461 15,376
    ENVESTNET INC 2,040 2,798
    ETSY INC 2,297 8,896
    EVERBRIDGE INC 1,600 2,534
    EVERSOURCE ENERGY 669 779
    EXACT SCIENCES CORP 4,327 8,082
    EXELIXIS INC 3,712 3,492
    FACEBOOK INC - A 9,442 15,024
    FASTLY INC 1,989 1,922
    FERRARI N V 9,044 10,558
    FIBROGEN INC. 1,673 1,261
    FIRST REPUBLIC BANK 7,171 9,991
    FNF GROUP 1,099 1,915
    FORTINET INC 977 4,159
    FORTUNE BRANDS HOME & SECURITY INC 2,865 4,972
    FOX CORP 4,416 3,844
    FRANCO NEVADA CORP (CANADA) 3,324 2,883
    GODADDY INC 2,577 2,986
    GRACO INC 1,454 2,460
    GUARDANT HEALTH INC 2,024 4,124
    GUIDEWIRE SOFTWARE INC 1,140 2,703
    HASBRO INC 2,689 4,116
    HDFC BK LTD SPONS ADR 10,701 14,741
    HOME DEPOT INC 14,164 20,718
    HONEYWELL INTL INC 4,966 7,657
    HYATT HOTELS CORP - CL A 2,736 3,564
    IDEXX LABS INC 2,141 5,998
    ILLINOIS TOOL WKS INC 1,560 3,058
    ILLUMINA INC 4,216 8,880
    INARI MED INC 1,531 1,920
    INSPERITY INC 2,799 2,361
    INTEL CORP 5,336 6,327
    INTERCONTINENTAL EXCHANGE INC 1,263 1,614
    INTUIT 3,803 5,318
    INTUITIVE SURGICAL INC 3,509 7,363
    IRHYTHM TECHNOLOGIES INC 1,714 5,456
    J P MORGAN CHASE & CO 13,577 23,127
    JACK HENRY & ASSOC INC 2,392 2,916
    JOHNSON & JOHNSON 4,038 5,194
    L3HARRIS TECHNOLOGIES INC 2,634 2,835
    LAMB WESTON HLDGS INC 4,950 5,827
    LAUDER ESTEE COS CL-A 9,664 17,036
    LEIDOS HOLDINGS INC 1,618 1,892
    LENNAR CORP 1,610 2,897
    LILLY ELI & CO 2,245 3,377
    LITHIA MOTORS INC-CLASS A 1,239 1,463
    LIVE NATION INC 3,146 4,923
    LOCKHEED MARTIN CORP 8,048 9,584
    LULULEMON ATHLETICA INC 7,414 12,877
    LVMH MOET HENNESSY LOUIS - ADR 7,848 12,877
    LYONDELLBASELL INDU-CL A 647 642
    M & T BK CORP 5,071 5,219
    MARSH & MCLENNAN COS INC 4,023 5,499
    MASTERCARD INC-A 10,500 27,127
    MATCH GROUP INC NEW 2,168 2,721
    MC DONALD'S CORPORATION 6,624 8,154
    MEDTRONIC PLC 2,748 3,866
    MERCK & CO INC 8,740 9,080
    MGM RESORTS INTERNATIONAL 5,255 8,098
    MICROSOFT CORP 18,560 41,815
    MODERNA INC 195 1,149
    MOELIS & CO 3,616 5,237
    MOHAWK INDUSTRIESINC 2,039 3,383
    MOLINA HEALTHCARE INC 2,001 3,190
    MONDELEZ INTERNATIONAL INC 4,115 4,736
    MONGODB INC 606 2,154
    MORGAN STANLEY 632 1,028
    MOSAIC CO/THE 2,719 3,452
    MOTOROLA SOLUTIONS INC 1,553 1,871
    MSCI INC 1,563 4,465
    NETFLIX COM INC 1,724 2,704
    NEUROCRINE BIOSCIENCES INC 3,111 2,780
    NEW ORIENTAL EDUCATION-SPONS ADR 2,958 6,689
    NEW YORK TIMES CO CLASS A 2,351 3,572
    NEWMARKET CORP 5,566 4,779
    NEXTERA ENERGY 16,711 28,083
    NIKE INC CLASS B 3,441 7,922
    NORDSON CORP 1,106 3,014
    NORFOLK SOUTHERN CORP 3,635 4,990
    NORTHROP GRUMMAN CORP 2,181 2,133
    NOVOCURE LTD 1,627 3,807
    NVIDIA CORP 2,957 9,400
    OKTA INC 3,275 8,136
    OLD DOMINION FGHT LINE INC 1,846 6,246
    ONEOK INC NEW 941 844
    PAYCHEX INC 2,909 4,379
    PAYCOM SOFTWARE INC 2,002 3,618
    PAYPAL HLDGS INC 2,674 8,197
    PEPSICO INC 5,060 6,525
    PERFORMANCE FOOD GROUP CO 999 2,142
    PERRIGO CO LTD 4,713 4,472
    PHILLIPS 66 1,872 1,259
    PINTEREST INC 3,696 3,625
    PJSC LUKOIL ADR 3,504 3,703
    PLANET FITNESS INC 4,662 5,124
    PNC FINANCIAL SERVICES GROUP 2,985 3,576
    POST HOLDINGS INC 4,903 5,960
    POWER INTEGRATIONS INC 1,012 3,111
    PROCTER & GAMBLE CO 4,925 5,983
    PROLOGIS INC 4,841 5,780
    PVH CORP 2,396 4,131
    QUALCOMM INC 4,217 5,332
    QUALYS INC 2,980 4,022
    RAYTHEON TECHNOLOGIES CORP 834 858
    REALTY INCOME CORP REIT 1,444 1,554
    REINSURANCE GROUP OF AMERICA INC 2,807 2,666
    REVOLVE GROUP INC 2,022 2,088
    RITCHIE BROS AUCTIONEERS INC 1,294 1,391
    ROKU INC 1,011 2,324
    ROYAL GOLD INC 1,045 1,064
    ROYALTY PHARMA PLC 1,049 1,201
    SALESFORCE.COM 1,799 6,008
    SAREPTA THERAPEUTICS INC 2,001 3,069
    SEAWORLD ENTERTAINMENT 2,268 3,033
    SEMPRA ENERGY 2,842 3,185
    SEMTECH CORP 1,967 2,739
    SENSATA TECHNOLOGIES HLDNG PLC 3,672 3,956
    SERVICENOW INC. 3,460 11,009
    SHERWIN WILLIAMS CO 1,878 2,940
    SHOCKWAVE MED INC 1,853 1,971
    SHOPIFY INC-CLASS A 1,815 9,056
    SKYWORKS SOLUTIONS INC 4,729 9,020
    SMITH A O CORP 3,024 3,125
    SNAP INC - A 3,214 7,310
    SNOWFLAKE INC 5,252 5,628
    SPLUNK INC 1,651 4,587
    SPOTIFY TECHNOLOGY S A 4,119 9,440
    SQUARE INC 4,187 13,929
    STARBUCKS CORP 2,963 5,777
    STERIS PLC 5,035 5,686
    STORE CAP CORP 22,556 28,135
    SUN COMMUNITIESINC. 1,446 1,823
    SVB FINANCIAL GROUP 12,396 21,718
    SYNCHRONY FINANCIAL 2,993 4,721
    TAIWAN SEMICONDUCTOR SPONS ADR 5,358 16,792
    TENCENT HLDGS LTD UNSPONS ADR 3,957 11,856
    TEXAS INSTRUMENTS INC 4,701 8,863
    THE TRADE DESK INC 1,541 4,005
    THERMO FISHER SCIENTIFIC INC 1,224 1,397
    TOPBUILD CORP 1,867 2,209
    TRACTOR SUPPLY CO 2,691 3,796
    TRANE TECHNOLOGIES PLC 2,103 3,484
    TRANSUNION 606 893
    TRUIST FINL CORP 5,015 5,081
    TWILIO INC 3,335 6,432
    TWITTER INC 2,369 8,014
    UBER TECHNOLOGIES INC 7,631 12,699
    UNITED PARCEL SERVICE CL B 844 842
    UNITED RENTALS INC 9,373 14,610
    UNITEDHEALTH GROUP INC 4,075 7,364
    UNITY SOFTWARE INC 1,076 1,995
    UNIVERSAL DISPLAY CORP 1,838 2,987
    US BANCORP NEW 2,814 2,516
    VALERO ENERGY CORP 1,990 2,263
    VEEVA SYSTEMS INC-CLASS A 2,789 11,162
    VERACYTE INC 1,107 2,251
    VERIZON COMMUNICATIONS 4,550 4,994
    VIKING THERAPEUTICS INC 1,134 439
    VISA INC-CLASS A 2,975 6,999
    VULCAN MATERIALS CO 4,083 6,971
    WAL MART STORES INC 1,415 1,730
    WASTE MGMT INC DEL 7,772 8,727
    WAYFAIR INC 646 2,484
    WEC ENERGY GROUP INC 4,885 6,074
    WEST PHARMACEUTICAL SERVICE INC 3,216 4,250
    WPX ENERGY INC 1,393 750
    ZENDESK INC 1,648 3,006
    ZILLOW GROUP INC 1,104 3,634
    ZOOM VIDEO COMMUNICATIONS INC 1,363 7,084
    ZYNGA INC CL A 2,096 3,563

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    JOSEPH R TAKATS FOUNDATION - CASH
    EIN:
    16-1098026
    US Government Securities - End of Year Book Value:

    396,530
    US Government Securities - End of Year Fair Market Value:

    417,775
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    JOSEPH R TAKATS FOUNDATION - CASH
    EIN:
    16-1098026
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALLIANZ GL INV FXD INC SH-C AT COST 82,685 89,526
    ALLIANZ GL INV FXD INC SH-M AT COST 87,544 91,528
    ISHARES GLOBAL MATERIALS ETF AT COST 17,005 21,411
    CONSUMER STAPLES SPDR AT COST 21,283 27,992
    ENERGY SELECT SECTOR SPDR AT COST 13,799 14,933
    FIRST TRUST LOW DURATION OPP AT COST 61,318 60,735
    GRANITESHARES GOLD TR AT COST 27,724 40,330
    HEALTH CARE SELECT SECTOR SPDR AT COST 21,839 26,432
    ISHARES 7-10 YEAR TREASURY BOND AT COST 40,917 40,423
    ISHARES BARCLAYS 10-20 YEAR TREASURY AT COST 50,226 48,403
    ISHARES EDGE MSCI USA QUALITY AT COST 92,924 132,363
    ISHARES GLOBAL HEALTHCARE AT COST 6,961 9,327
    ISHARES IBOXX $ INV GRD CORP BOND AT COST 24,805 25,278
    ISHARES MSCI CHINA INDEX FUND AT COST 25,811 32,550
    ISHARES MSCI EAFE SMALL CAP AT COST 24,321 29,527
    ISHARES TR INTL QLTY FACTOR AT COST 48,379 65,329
    ISHARES TR RUSSEL 2000 VALUE INDX FD AT COST 20,398 22,925
    ISHARES TRANSPORTATION AVERAGE ETF AT COST 11,539 14,556
    ISHARES U S ETF TR INT RT HD LONG AT COST 77,951 82,446
    ISHARES U S ETF TR INT RT HDG C B AT COST 21,594 22,356
    KRANESHARES CSI CHINA INTERNET AT COST 11,219 14,667
    PIMCO 0-5 YEAR HIGH YIELD CORP BOND AT COST 27,901 28,877
    UTILITIES SELECT SECTOR AT COST 7,302 7,649
    VANGUARD EUROPEAN ETF AT COST 13,781 15,602
    ALEXANDRIA REAL ESTATE EQUITIES INC AT COST 1,415 1,604
    AMERICAN TOWER REIT INC AT COST 6,966 7,183
    BLACKSTONE MORTGAGE TRU-CL A AT COST 496 826
    CORESITE REALTY CORPORATION AT COST 5,168 5,262
    MEDICAL PROPERTIES TRUST INC AT COST 2,655 3,029

    TY 2020 OtherIncreasesSchedule
    Name:
    JOSEPH R TAKATS FOUNDATION - CASH
    EIN:
    16-1098026
    Description Amount
    BOOK/TAX DIFFERENCE 6,816


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    JOSEPH R TAKATS FOUNDATION - CASH
    EIN:
    16-1098026
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 46,817 23,409   23,409


    TY 2020 TaxesSchedule
    Name:
    JOSEPH R TAKATS FOUNDATION - CASH
    EIN:
    16-1098026
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 335 335   0
    FEDERAL TAX BALANCE DUE 1,065 0   0
    FEDERAL ESTIMATED TAX PAYMENTS 900 0   0
    NY STATE TAX BALANCE DUE 275 0   0