Form990-PF
Click to see attachment

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
THE WILLIAM J AND FRANCES E DEUTSCH
CHARITABLE FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)26 PILOT ROCK LANE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RIVERSIDE, CT06878
A Employer identification number

20-1163727
B Telephone number (see instructions)

(914) 232-8461
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$10,956,601J 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) 89,602
2 Check bullet.............
3 Interest on savings and temporary cash investments 778 778 778
4 Dividends and interest from securities... 219,542 219,542 219,542
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 478,875
b Gross sales price for all assets on line 6a 4,400,200
7 Capital gain net income (from Part IV, line 2)... 478,875
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -4,753 -4,753 -4,753
12 Total. Add lines 1 through 11........ 784,044 694,442 215,567
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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 11,000 11,000 11,000  
c Other professional fees (attach schedule).... Click to see attachment 31,215 31,215 31,215  
17 Interest............... 85      
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,382      
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 list of attachments 6,657      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 50,339 42,215 42,215 0
25 Contributions, gifts, grants paid....... 489,036 489,036
26 Total expenses and disbursements. Add lines 24 and 25 539,375 42,215 42,215 489,036
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 244,669
b Net investment income (if negative, enter -0-) 652,227
c Adjusted net income (if negative, enter -0-)... 173,352
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......... 125,135 151,934 151,934
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 7,351,221 Click to see attachment6,196,151 9,745,677
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 76,017 Click to see attachment1,084,492 1,058,990
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) 7,552,373 7,432,577 10,956,601
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) Click to see attachment67,049 Click to see attachment11,215
23 Total liabilities (add lines 17 through 22)......... 67,049 11,215
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........... 7,485,324  
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    
29 Total net assets or fund balances (see instructions)..... 7,485,324 7,421,362
30 Total liabilities and net assets/fund balances (see instructions). 7,552,373 7,432,577
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
7,485,324
2
Enter amount from Part I, line 27a .....................
2
244,669
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
7,729,993
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
308,631
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,421,362
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 (#3000) - ST   2020-01-01 2020-12-15
b publicly traded securities (#5004) - ST   2020-01-01 2020-12-15
c publicly traded securities (#4008) - ST   2020-01-15 2020-12-01
d Publicly traded securities (#2007) - ST   2020-01-15 2020-12-01
e publicly traded securities (#3000) - LT   2018-01-01 2020-12-15
publicly traded securities (#5004) - LT   2018-01-01 2020-12-15
publicly traded securities (#4008) - LT   2018-12-01 2020-12-31
Publicly traded securities (#2007) - LT   2018-01-01 2020-12-01
125 MICROSOFT CORP   2010-07-01 2020-03-23
.641 ABBVIE INC CASH IN LIEU   2019-01-01 2020-06-16
37 MICROSOFT CORP   2008-11-26 2020-05-28
1800 CEDAR FAIR LP   2018-01-01 2020-05-28
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 711,497   718,071 -6,574
b 334,611   332,086 2,525
c 365,368   407,215 -41,847
d 59,393   51,701 7,692
e 519,056   543,670 -24,614
372,473   372,984 -511
162,292   147,404 14,888
1,787,954   1,301,897 486,057
21,386   2,991 18,395
58     58
6,731   752 5,979
59,381   42,554 16,827
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       -6,574
b       2,525
c       -41,847
d       7,692
e       -24,614
      -511
      14,888
      486,057
      18,395
      58
      5,979
      16,827
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 2 478,875
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 -38,204
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 9,066
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 9,066
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 9,066
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 6,692
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 7,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 13,692
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 4,626
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet4,626 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)
    bulletCT, DE
    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 ofbulletWILLIAM & FRANCES DEUTSCH Telephone no.bullet (914) 232-8461

    Located atbullet26 PILOT ROCK LANERIVERSIDECT ZIP+4bullet068782621
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    WILLIAM J DEUTSCH President&Treas
    0.00     		0    
    26 PILOT ROCK LANE
    RIVERSIDE,CT068782621
    FRANCES E DEUTSCH Secretary
    0.00     		0    
    26 PILOT ROCK LANE
    RIVERSIDE,CT068782621
    SUSAN WEIS ASST SECRETARY
    0.00     		0    
    49 WILLOWMERE CIRCLE
    RIVERSIDE,CT06878
    William Greene Assist Treas
    0.00     		0    
    55 Katonah Ave
    Katonah,NY10536
    Peter Deutsch Director
    0.00     		0    
    25 East Point Lane
    Old Greenwich,CT06870
    Stephen Deutsch Director
    0.00     		0    
    16100 Weatherly Way
    Huntersville,NC28078
    Natasha Jo Weis Director
    0.00     		0    
    49 Willowmere Circle
    Riverside,CT06878
    Julia Deutsch Director
    0.00     		0    
    5 Carmine St Apt 4
    New York,NY10014
    Alexander Deutsch Director
    0.00     		0    
    C/O Greene 55 Katonah Ave
    Katonah,NY10536
    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  
    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.............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 Charitable giving 0
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    9,507,455
    b
    Average of monthly cash balances.......................
    1b
    249,409
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,756,864
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    9,756,864
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    146,353
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,610,511
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    480,526
    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
    480,526
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    9,066
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,066
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    471,460
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    471,460
    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
    471,460
    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
    489,036
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    489,036
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    489,036
    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 7 471,460
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 9,412
    b From 2016......  
    c From 2017...... 23,107
    d From 2018...... 18,497
    e From 2019......  
    fTotal of lines 3a through e........ 51,016
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 489,036
    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)........     		0
    d Applied to 2020 distributable amount..... 471,460
    e Remaining amount distributed out of corpus 17,576
    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 68,592
    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) ...     		9,412
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		59,180
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 23,107
    c Excess from 2018.... 18,497
    d Excess from 2019....  
    e Excess from 2020.... 17,576
    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).)
    WILLIAM J DEUTSCH
    FRANCES E DEUTSCH
    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
    TEMPLE BETH EL
    220 SOUTH BEDFORD ROAD
    CHAPPAQUA,NY10514     		N/A - NONE   UNRESTRICTED 23,250
    UNITED WAY Of Greenwich
    ONE LAFAYETTE COURT
    GREENWICH,CT06830     		N/A - NONE   UNRESTRICTED 2,500
    ELS FOR AUTISM
    18370 LIMESTONE CREEK ROAD
    JUNIPER,FL33458     		N/A - NONE   UNRESTRICTED 40,000
    JUVENILE DIABETES RESEARCH FOUNDATION
    26 BROADWAY 14TH FLOOR
    NEW YORK,NY10004     		N/A - NONE   UNRESTRICTED 500
    YWCA
    2025 M STREET NW SUITE 550
    WASHINGTON,DC20036     		N/A - NONE   UNRESTRICTED 250
    GREENWICH HOSPITAL FDN
    5 PERRYRIDGE ROAD
    GREENWICH,CT06830     		N/A - NONE   UNRESTRICTED 4,500
    DONATIONS 250 OR LESS
    VARIOUS ORGANIZED CHARITIES
    VARIOUS,CT06830     		N/A - NONE   UNRESTRICTED 5,944
    BRUCE MUSEUM
    1 MUSEUM DRIVE
    GREENWICH,CT06830     		N/A - NONE   UNRESTRICTED 41,778
    ST JUDE
    501 St Jude Pl PO BOX 50
    Memphis,TN38105     		N/A - NONE   UNRESTRICTED 500
    WORLD CHILDHOOD FOUNDATION
    183 MADISON AVENUE SUITE 715
    NEW YORK,NY10016     		N/A - NONE   UNRESTRICTED 316
    Jewish Family Services
    1 Holly Hill Lane
    Greenwich,CT06830     		N/A - NONE   Unrestricted 500
    Breast Cancer Alliance
    48 Maple Ave
    Greeenwich,CT06830     		N/A - NONE   Unrestricted 4,880
    GoFundMe Charities
    1010 Second Ave Suite 1770
    San Diego,CA92101     		N/A - NONE   Unrestricted 1,000
    Pacific House
    137 Henry Street Suite 205
    Stamford,CT06902     		N/A - NONE   Unrestricted 250
    The Food Bank of Lower Fairfield Ct
    461 Glenbrook Road
    Stamford,CT06906     		N/A - NONE   Unrestricted 3,693
    Sloan Kettering Cancer Center
    1275 York Ave
    New York,NY10065     		N/A - NONE   Unrestricted 1,000
    Greens Farm Academy
    35 Beachside Avenue PO Box 998
    Greens Farm,CT06838     		N/A - NONE   Unrestricted 500
    Boys Town
    14100 Crawford Street
    Greenwich,CT06830     		N/A - NONE   Unrestricted 275
    Shriner Hospitals for Children
    2990N Rocky Point Dr
    Tampa,FL33607     		N/A - NONE   Unrestricted 250
    Greenwich Dept of Human Svs Fund In
    101 Field Point Rd
    Greenwich,CT06830     		N/A - NONE   Unrestricted 900
    UJA Federation New York
    701 Westchester Ave Suite 203E
    White Plains,NY10604     		N/A - NONE   Unrestricted 3,500
    United Way Worldwide
    701 N Fairfa Street
    Alexandria,VA22314     		N/A - NONE   Unrestricted 15,000
    CONNECTICUT FOOD BANK
    2 RESEARCH PARKWAY
    WALLINGFORD,CT06492     		N/A - NONE   UNRESTICTED 494
    NATIONAL PHILANTHROPIC TRUST
    165 Township Line Road Suite 1200
    Jenkintown,PA19046     		N/A - NONE   UNRESTRICTED 199,381
    HILLEL INTERNATIONAL
    FD JEWISH CAMPUS LIFEPO BOX 92994
    WASHINGTON,DC20001     		N/A - NONE   UNRESTRICTED 500
    THE GREENWICH LAND TRUST
    370 ROUND HILL ROAD
    GREENWICH,CT06831     		N/A - NONE   UNRESTRICTED 1,000
    URBAN DOVE
    21-21 41ST AVE SUITE 2D
    LONG ISLAND CITY,NY11101     		N/A - NONE   UNRESTRICTED 256
    Make a Wish
    PO BOX 97104
    WASHINGTON,DC20090     		N/A - NONE   UNRESTRICTED 350
    FALLEN PATRIOT FUND
    C/O BK OF AMER PVTBK PO BOX 832409
    DALLAS,TX75283     		N/A - NONE   UNRESTRICTED 269
    FEEDING AMERICA
    161 NORTH CLARK STREET SUITE 700
    CHICAGO,IL60601     		N/A - NONE   UNRESTRICTED 500
    WAKE FOREST UNIVERISTY
    OFFICE OF UNIV ADV BOX 7227
    WinstonSalem,NC27109     		N/A - NONE   UNRESTRICTED 5,000
    WORLD CENTRAL KITCHEN
    ATTN E GORE 1342 FLORIDA AVE
    WASHINGTON,DC20009     		N/A - NONE   UNRESTRICTED 125,000
    GREENWICH HISTORICAL SOCEITY
    47 STRICKLAND RD
    COS COB,CT06807     		N/A - NONE   UNRESTRICTED 5,000
    Total .................................bullet 3a 489,036
    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 ...........     		    14 778  
    4 Dividends and interest from securities....     14 219,542  
    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.....     14 4,753  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        478,875
    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)..   215,567 478,875
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    694,442
    (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: 20011551
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    THE WILLIAM J AND FRANCES E DEUTSCH
    CHARITABLE FOUNDATION
    Employer identification number

    20-1163727
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THE WILLIAM J AND FRANCES E DEUTSCH
    CHARITABLE FOUNDATION         		Employer identification number
    20-1163727
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    WJ DEUTSCH 2014 CHAR LEAD ANN TRUST
    WGREENE TRUSTEE 55 KATONAH AV
     
    KATONAH, NY10536

    		$ 89,602


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    THE WILLIAM J AND FRANCES E DEUTSCH
    CHARITABLE FOUNDATION         		Employer identification number

    20-1163727
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THE WILLIAM J AND FRANCES E DEUTSCH
    CHARITABLE FOUNDATION         		Employer identification number

    20-1163727
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID: 20011551
    Software Version: 2020v4.0

    TY 2020 AccountingFeesSchedule
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting 11,000 11,000 11,000 0

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    JP MORGAN CHASE & CO 113,231 275,742
    APPLE INC 50,488 588,082
    Alphabet Inc (A) 128,316 392,591
    Alphabet Inc (C) 29,518 245,263
    Illinois Tool Works Inc 14,804 57,290
    Merek & Co Inc 208,796 260,451
    Walt Disney Co (holding Co) 135,907 262,711
    Broadcom inc (#2007) 271,699 499,149
    Visa Inc - class A shares 139,590 372,935
    Accenture PLC-CL A 42,867 73,661
    Cisco Systems Inc 25,782 25,955
    Comcast Corp-Class A 39,690 58,688
    Home Depot Inc (#4008) 37,452 59,233
    Johnson & Johnson (#4008) 48,757 60,591
    Marsh & McLennan COS 31,289 44,694
    McDonalds Corp 48,716 56,649
    Microsoft (#4008) 7,745 81,183
    Nextera Energy Inc (#4008) 9,091 53,311
    Nike Inc -Cl B (#4008) 35,374 69,603
    Pepsico Inc (#4008) 44,058 67,328
    PNC Financial Serv Group (#4008) 40,089 50,362
    Sherwin-Williams Co 22,732 44,095
    Texas Instruments Inc (#4008) 47,844 85,183
    UnitedHealth Group Inc (#4008) 53,249 73,643
    Aspen Ins Hldg Ltd PFD 5.95% 11,992 13,347
    Bank of America Corp (#5004) 137,544 147,636
    Capital One Financial Co 20,928 22,800
    Centerpoint Energy Inc 56,332 59,708
    Citigroup Inc 144,016 150,316
    Fifth Third Bancorp 38,269 42,224
    General Motors Finl Co 85,950 103,108
    General Electric Co 31,570 37,090
    Goldman Sachs Group Inc 130,477 136,704
    Keycorp (#5004) 60,810 69,376
    Morgan Stanley 23,914 26,404
    Morgan Stanley PFD 7.125% 66,481 72,643
    Regions Financial Corp PFD 6.375% 58,348 64,817
    State Street Corp PDF 5.9% 22,708 25,639
    Voya Finl Inc 32,561 36,250
    Wells Fargo & Co 140,099 151,264
    Fidelity 500 Index FD-AI 1,179,293 1,641,211
    Financial Select Secotr SPDR 138,654 175,288
    Health Care Select Sector 64,130 83,152
    Vanguard Info Tech ETF 78,892 139,393
    Honeywell International Inc (#2007) 99,278 129,109
    Nvidia Corp 62,088 208,880
    Broadcom (#4008) 46,658 76,186
    Union Pacific Corp (#4008) 45,953 58,510
    Allstate Corp (#5004) 21,159 23,478
    American Equity Investments (#5004) 21,916 23,548
    Athene Holdings LTD PFD 42,934 45,935
    Truist Fin Corp Var (was BB&T #5004) 91,787 95,869
    Citizens Financial Group PFD (#5004) 17,370 19,755
    Discover Financial Service (#5004) 51,242 57,630
    Regions Financila Corp PFD 5.7% 8,717 9,936
    Consumer Discretionary SELT 34,632 46,305
    Consumer Staples SPDR 39,710 44,922
    Industrial Select Sec SPDR 139,719 173,647
    Vanguard Telecom Service ETF 70,925 94,237
    TRUIST FINL CORP DTD 7 29 2019 26,225 28,563
    INVESCO S&P EQUAL WEIGHT 101,959 102,542
    INVESTCO S&P 500 GROWTH ETF 166,919 254,259
    ISHARES S&P 500 VALUE 168,216 219,298
    ISHARES RUSSELL 1000 VALUE 141,975 191,559
    ISHARES RUSSELL 1000 GROWTH 141,317 222,572
    AT&T INC PFD 25,516 27,830
    CHARLES SCHWAB CORP 89,726 96,896
    HUNTINGTON BANCSHARES 69,381 78,223
    M&T BANK CORP VAR RT 6,192 6,330
    MARKEL CORP 25,158 27,656
    SEMPRA ENERGY 24,875 26,719
    AIR PRODUCTS & CHEMICALS INC 30,104 30,054
    BRISTOL-MYERS SQUIBB CO 45,462 49,562
    COLGATE-PALMOLIVE CO 32,772 38,480
    INTERCONTINENTAL EXCHANGE IN 15,862 17,985
    LAM RESEARCH CORP 28,694 42,032
    MASTERCARD INC 19,856 23,201
    VERIZON COMMUMICATIONS INC 42,306 44,944
    3M CO 49,496 52,262

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Vintage Healthcare Opportunity Fd AT COST 84,492 119,099
    FINE TROY OUNCES OF UNALLOCATED GOLD AT COST 1,000,000 939,891

    TY 2020 OtherDecreasesSchedule
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    NET AMOUNTS REPORTED ON sale of Cedar Fair LP 1,664
    Nondeductable FMV basis on gifted securities sold 306,967


    TY 2020 OtherExpensesSchedule
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Fees on Foreign Dividends 18      
    NonDeductable thru K-1 30      
    Business Registration Fees 437      
    INVESTMENT EXPENSES 5,940      
    Amort of bond prem 232      


    TY 2020 OtherIncomeSchedule2
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income -4,753 -4,753 -4,753


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Beginning of Year - Book Value End of Year - Book Value
    CREDIT CARDS PAYABLE 18,165 11,215
    Reimbursement Payable 48,884  


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Management Fees 31,215 31,215 31,215 0


    TY 2020 TaxesSchedule
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Federal Excise Taxes paid 1,382