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
TARANTO FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)8231 COLONY DRIVE NO 901
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NAPLES, FL34108
A Employer identification number

81-4371289
B Telephone number (see instructions)

(718) 625-4804
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$4,459,507J 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) 799,618
2 Check bullet.............
3 Interest on savings and temporary cash investments 168 168  
4 Dividends and interest from securities... 55,239 55,239  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -439,574
b Gross sales price for all assets on line 6a 6,710,419
7 Capital gain net income (from Part IV, line 2)... 2,569,790
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........ 415,451 2,625,197  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 10,000 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 10,726 10,726   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 629 0   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.......... 21,355 10,726   0
25 Contributions, gifts, grants paid....... 189,000 189,000
26 Total expenses and disbursements. Add lines 24 and 25 210,355 10,726   189,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 205,096
b Net investment income (if negative, enter -0-) 2,614,471
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............. 550,666 238,236 238,236
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,076,575 Click to see attachment3,594,101 4,221,271
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)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,627,241 3,832,337 4,459,507
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........... 3,627,241 3,832,337
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)..... 3,627,241 3,832,337
30 Total liabilities and net assets/fund balances (see instructions). 3,627,241 3,832,337
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,627,241
2
Enter amount from Part I, line 27a .....................
2
205,096
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,832,337
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
3,832,337
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 10425.6754 SH GENERAL ELECTRIC P 2017-11-13 2020-03-11
b 55 SH WABTEC P 2019-02-26 2020-03-11
c 12000 SH EVEREST RE GROUP D 2008-10-16 2020-05-11
d 1000 SH MICROSOFT CORP D 2010-01-12 2020-11-10
e 1240 SH MICROSOFT CORP D 2010-01-12 2020-12-28
41.5844 SH GENERAL ELECTRIC P 2019-04-29 2020-03-11
4500 SH GAP INC P 2020-05-12 2020-05-20
950 SH MARATHON PETE CORP P 2020-05-12 2020-05-26
1320 SH PFIZER INC P 2020-03-11 2020-05-26
1500 SH VIACOM CBS P 2020-05-12 2020-05-26
3000 SH GAP INC P 2020-05-12 2020-05-27
30500 SH GAP INC P 2020-05-12 2020-06-05
8050 SH MARATHON PETE CORP P 2020-05-12 2020-06-19
15000 SH VIACOM CBS P 2020-05-12 2020-06-30
11000 SH US FOODS HOLDING CORP P 2020-05-12 2020-07-10
11712 SH CF INDUSTRIES HLDG P 2020-05-14 2020-07-13
2100 SH MERCK & CO INC P 2020-03-04 2020-07-13
4500 SH PFIZER INC P 2020-03-11 2020-07-13
8640 SH WESTROCK CO P 2020-05-26 2020-07-14
8897 SH WALGREENS BOOTS P 2020-05-12 2020-08-05
2097 SH MERCK & CO INC P 2020-05-12 2020-08-12
4550 SH PFIZER INC P 2020-03-11 2020-08-12
7015 SH MOLSON COORS BEV P 2020-05-26 2020-09-02
9276 SH ROCKETCOMPANIES P 2020-08-07 2020-09-02
7350 SH WELLS FARGO & COMPANY P 2020-06-05 2020-09-02
612 SH CITIGROUP INC P 2020-10-30 2020-11-11
995 SH CF INDUSTRIES HLDG P 2020-10-30 2020-11-25
310 SH JP MORGAN CHASE P 2020-10-30 2020-11-25
13000 SH MYLAN NV P 2020-11-09 2020-11-17
(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 88,667   197,451 -108,784
b 3,199   4,293 -1,094
c 2,075,471   295,500 1,779,971
d 216,235   29,996 186,239
e 279,674   37,200 242,474
356   415 -59
40,277   34,693 5,584
35,339   31,053 4,286
49,888   44,543 5,345
30,397   27,009 3,388
29,969   23,130 6,839
349,738   235,155 114,583
330,048   263,336 66,712
345,686   270,268 75,418
221,249   199,424 21,825
347,949   309,185 38,764
164,951   155,321 9,630
159,971   151,873 8,098
250,514   233,969 16,545
280,427   277,562 2,865
171,641   164,080 7,561
175,103   153,562 21,541
264,319   276,649 -12,330
310,183   211,698 98,485
179,525   231,196 -51,671
29,945   24,919 5,026
37,461   27,062 10,399
37,422   29,917 7,505
204,815   200,170 4,645
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       -108,784
b       -1,094
c       1,779,971
d       186,239
e       242,474
      -59
      5,584
      4,286
      5,345
      3,388
      6,839
      114,583
      66,712
      75,418
      21,825
      38,764
      9,630
      8,098
      16,545
      2,865
      7,561
      21,541
      -12,330
      98,485
      -51,671
      5,026
      10,399
      7,505
      4,645
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 2,569,790
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 36,341
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 36,341
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 36,341
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 14
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 36,355
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    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 V TARANTO Telephone no.bullet (718) 625-4804

    Located atbullet8321 COLONY DRIVE - APT 901NAPLESFL ZIP+4bullet34108
    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 V TARANTO TRUSTEE
    10.00     		0 0 0
    8231 COLONY DRIVE - APT 901
    NAPLES,FL34108
    ANNE C TARANTO TRUSTEE
    10.00     		0 0 0
    8231 COLONY DRIVE - APT 901
    NAPLES,FL34108
    ANNE CATHERINE TARANTO TRUSTEE
    10.00     		10,000 0 0
    200 WEST 79TH STREET APT 11N
    NEW YORK,NY10024
    MATTHEW JAMES TARANTO TRUSTEE
    10.00     		0 0 0
    2 LAURELWOOD DRIVE
    BERNARDSVILLE,NJ07924
    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
    3,831,865
    b
    Average of monthly cash balances.......................
    1b
    394,453
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,226,318
    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
    4,226,318
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    63,395
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,162,923
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    208,146
    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
    208,146
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    36,341
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    36,341
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    171,805
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    171,805
    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
    171,805
    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
    189,000
    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
    189,000
    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
    189,000
    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 7 171,805
    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...... 106,520
    fTotal of lines 3a through e........ 106,520
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 189,000
    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..... 171,805
    e Remaining amount distributed out of corpus 17,195
    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 5 123,715
    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 ......     		123,715
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019.... 106,520
    e Excess from 2020.... 17,195
    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).)
    JOSEPH V TARANTO
    ANNE C TARANTO
    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
    AMERICAN CIVIL LIBERTIES UNION FOUNDATION
    125 BROAD ST - 18TH FLOOR
    NEW YORK,NY10004     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 3,000
    BAY COLONY DOLLARS FOR SCHOLARS
    8700 BAY COLONY DRIVE
    NAPLES,FL34108     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 1,000
    BROOKLYN BOTANIC GARDEN
    1000 WASHINGTON AVENUE
    BROOKLYN,NY11225     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 2,500
    BROOKLYN COMMUNITY SERVICE
    285 SCHERMERHORN STREET
    BROOKLYN,NY11217     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 4,000
    BROOKLYN KINDERGARTEN SOCIETY
    57 WILLOUGHBY STREET 4TH FLOOR
    BROOKLYN,NY11201     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 3,000
    BROOKLYN PUBLIC LIBRARY
    10 GRAND ARMY PLAZA
    BROOKLYN,NY11238     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 1,000
    CITY HARVEST
    6 EAST 32ND ST
    NEW YORK,NY10016     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 3,000
    CITY MEALS ON WHEELS
    355 LEXINGTON AVENUE
    NEW YORK,NY10017     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 2,000
    DUKE UNIVERSITY
    615 CHAPEL DRIVE
    DURHAM,NC27708     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 3,500
    EASTERN LONG ISLAND HOSPITAL
    201 MANOR PLACE
    GREENPORT,NY11201     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 3,000
    FIGHTING CHANCE
    PO BOX 1358
    SHELTER ISLAND,NY11963     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 3,000
    FIRST PRESBYTERIAN CHURCH OF NEW VERNON
    124 HENRY STREET
    BROOKLYN,NY11201     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 2,500
    FRIENDS OF BERNARDSVILLE PUBLIC LIBRARY
    1 ANDERSON HILL RD
    BERNARDSVILLE,NJ07924     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 1,500
    GOD'S LOVE WE DELIVER
    166 AVENUE OF THE AMERICAS
    NEW YORK,NY10013     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 2,000
    HABITAT FOR HUMANITY COLLIER COUNTY
    11145 TAMIAMI TRAIL EAST
    NAPLES,FL34113     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 2,000
    HEARTSHARE ST VINCENTS SERVICES
    66 BOERUM PLACE
    BROOKLYN,NY11201     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 17,500
    HEIGHTS AND HILL
    57 WILLOUGHBY STREET
    BROOKLYN,NY11201     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 2,000
    IGHL FOUNDATION
    221 N SUNRISE SERVICE ROAD
    BROOKLYN,NY11217     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 2,000
    NATURE CONSERVANCY MASHOMACK
    PO BOX 850
    SHELTER ISLAND,NY11964     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 5,000
    NEW YORK PUBLIC LIBRARY
    5TH AVENUE
    NEW YORK,NY10018     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 2,000
    PBA LOCAL 357
    1 COLLYER LANE
    BASKING RIDGE,NJ07920     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 2,000
    PBA LOCAL 365
    166 MINE BROOK RD
    BERNARDSVILLE,NJ07924     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATION 2,000
    PECONIC LAND TRUST
    296 HAMPTON ROAD PO BOX 1776
    SOUTHAMPTON,NY11969     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 2,000
    PLANNED PARENTHOOD OF NYC
    26 BLEEKER STREET
    NEW YORK,NY10012     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 3,000
    SHELTER ISLAND HISTORICAL SOCIETY
    PO BOX 847
    SHELTER ISLAND,NY11964     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 1,000
    SHELTER ISLAND PUBLIC LIBRARY SOCIETY
    37 NORTH FERRY ROAD PO BOX 2016
    SHELTER ISLAND,NY11964     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 3,000
    SHELTER ISLAND RUN
    PO BOX 266
    SHELTER ISLAND,NY11964     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 2,000
    ST JUDES CHILDRENS HOSPITAL
    262 DANNY THOMAS PL
    MEMPHIS,TN38105     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 1,000
    ST MATTHEWS HOUSE
    2001 AIRPORT ROAD S
    NAPLES,FL34112     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 3,000
    ST ANN'S SCHOOL
    129 PIERREPONT STREET
    BROOKLYN,NY11201     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 5,000
    ST SAVIOR HIGH SCHOOL
    588 6TH ST
    BROOKLYN,NY11215     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 5,000
    THE CHILDRENS INN AT THE NIH
    7 WEST DRIVE
    BETHESADA,MD20814     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 1,000
    THE MICHAEL J FOX FOUNDATION
    PO BOX 5014
    HAGERSTOWN,MD21741     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 3,000
    NEURO CHALLENGE FOUNDATION FOR PARKINSON'S
    722 APEX ROAD UNIT A
    SARASOTA,FL34240     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 5,000
    COLUMBIA BUSINESS SCHOOL
    3022 BROADWAY
    NEW YORK,NY10027     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 2,500
    EAST END HOSPICE
    481 WESTHAMPTON-RIVERHEAD ROAD PO
    BOX 1048
    WEST HAMPTON BEACH,NY119787048     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 1,000
    NAPLES BOTANICAL GARDEN
    4820 BAYSHORE DRIVE
    NAPLES,FL34112     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 2,500
    NAPLES ZOO SOCIETY
    1590 GOODLETTE-FRANK ROAD
    NAPLES,FL341025260     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 1,500
    NAPLES THERAPEUTIC RIDING CENTER
    206 RIDGE DRIVE
    NAPLES,FL34108     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 2,000
    PLANNED PARENTHOOD OF SW FLORIDA
    736 CENTRAL AVENUE
    SARASOTA,FL34236     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 2,000
    EAST SIDE HOUSE
    337 ALEXANDER AVENUE
    BRONX,NY10454     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 2,000
    PATHWAYS EARLY EDUCATION CENTER OF IMMOKALEE
    4060 TAMIAMI TRAIL
    NAPLES,FL34103     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 5,000
    THE IMMOKALEE FOUNDATION
    908 ROBERTS AVE W
    IMMOLAKEE,FL34142     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 10,000
    CHILD'S PATH
    811 ANCHOR RODE DRIVE
    NAPLES,FL34103     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 10,000
    BERNARDSVILLE FIRE COMMAND AND FIRST AID
    118 MINE BROOK ROAD
    BERNARDSVILLE,NJ07924     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 1,000
    NO KID HUNGRYSHARE OUR STRENGTH
    1030 15TH ST NW
    WASHINGTON,DC20005     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 30,000
    OPERATION HEALING FORCES
    41 COMMERCE STREET
    NASHVILLE,TN37219     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATIONS 15,000
    WGCU
    10501 FGCU BLVD SOUTH
    FORT MUERS,FL339656565     		NONE CHARITABLE ORGANIZAT VARIOUS CHARITABLE ORGANIZATOINS 1,000
    Total .................................bullet 3a 189,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 168  
    4 Dividends and interest from securities....     14 55,239  
    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 ............     		        -439,574
    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 55,407 -439,574
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -384,167
    (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.)
    8 REALIZE GAIN ON SALE OF COVERED SECURITIES
    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
    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
    TARANTO FAMILY FOUNDATION INC
     
    Employer identification number

    81-4371289
    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
    TARANTO FAMILY FOUNDATION INC
          		Employer identification number
    81-4371289
    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
    JOSEPH V & ANNE TARANTO
     
    8231 BAY COLONY DRIVE APT 901
     
    NAPLES, FL341087792

    		$ 799,618


    (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
    TARANTO FAMILY FOUNDATION INC
          		Employer identification number

    81-4371289
    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
    1
    		 3,600 SHARES OF MICROSOFT CORP. $ 799,618 2020-07-01
    (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
    TARANTO FAMILY FOUNDATION INC
          		Employer identification number

    81-4371289
    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:  
    Software Version:  

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    TARANTO FAMILY FOUNDATION INC
    EIN:
    81-4371289
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3600 SH EDISON INTERNATIONAL 199,560 226,152
    14689 SH CURALEAF HOLDINGS INC 147,998 175,852
    4288 SH CITIGROUP INC 174,603 264,398
    6305 SH CF INDUSTRIES HLDG 171,486 244,067
    4450 SH BLACKSTONE GROUP INC 225,067 288,405
    5400 SH APOLO GLOBAL MMGMT 197,543 264,492
    1087 SH ALIBABA GROUP HOLDING 292,684 252,978
    4570 SH EXCELON CORP 199,413 192,945
    640 SH FACEBOOK INC 176,288 174,822
    1100 SH GOLDMAN SACHS GROUP 205,529 290,081
    8500 SH GREENTHIUMB INDS INC 149,074 208,250
    1790 SH JP MORGAN CHASE & CO 172,744 227,455
    1360 SH MICROSOFT CORP 302,078 302,491
    3840 SH PERRIGO CO PLC 177,073 171,725
    20850 SH TIVA PAHARMACEUTICALS INC 200,326 201,203
    3500 SH VERIZON COMMUNICATION 197,972 205,625
    13000 SH VIATRIS INC 204,815 243,620
    9500 SH WELLS FARGO & CO 199,848 286,710

    TY 2020 OtherProfessionalFeesSchedule
    Name:
    TARANTO FAMILY FOUNDATION INC
    EIN:
    81-4371289
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 10,726 10,726   0


    TY 2020 SubstantialContributorsSch
    Name:
    TARANTO FAMILY FOUNDATION INC
    EIN:
    81-4371289
    Name Address
    JOSEPH V ANNE C TARANTO 8231 BAY COLONY DRIVE APT 901
    NAPLES,FL341087792


    TY 2020 TaxesSchedule
    Name:
    TARANTO FAMILY FOUNDATION INC
    EIN:
    81-4371289
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 629 0   0