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 CAROL J ADRAGNA
FAMILY FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 46
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DEPEW, NY14043
A Employer identification number

27-6968082
B Telephone number (see instructions)

(716) 601-7793
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$7,084,672J 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) 4,736,897
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 81,180 81,180  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,339
b Gross sales price for all assets on line 6a 358,782
7 Capital gain net income (from Part IV, line 2)... 5,339
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........ 4,823,416 86,519  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 9,800 4,900   4,900
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,810 2,405   2,405
c Other professional fees (attach schedule).... Click to see attachment 24,157 24,157    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 784      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,387      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 40,938 31,462   7,305
25 Contributions, gifts, grants paid....... 129,500 129,500
26 Total expenses and disbursements. Add lines 24 and 25 170,438 31,462   136,805
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,652,978
b Net investment income (if negative, enter -0-) 55,057
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 124,632 790,451 790,451
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) 83,525    
b Investments—corporate stock (attach schedule)....... 1,578,838 Click to see attachment5,697,755 5,697,755
c Investments—corporate bonds (attach schedule)....... 172,283 Click to see attachment339,412 339,412
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   Click to see attachment257,054 257,054
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) 1,959,278 7,084,672 7,084,672
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
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........... 1,959,278 7,084,672
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)..... 1,959,278 7,084,672
30 Total liabilities and net assets/fund balances (see instructions). 1,959,278 7,084,672
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
1,959,278
2
Enter amount from Part I, line 27a .....................
2
4,652,978
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
472,416
4
Add lines 1, 2, and 3 ..........................
4
7,084,672
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,084,672
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 ALSTOM ADR P 2020-03-06 2020-12-17
b BLACKSTONE GROUP LP P    
c BOEING CO P 2020-01-13 2020-03-19
d BLACKSTONE ENERGY AND RESOURCES P    
e COMCAST CORP P 2020-01-13 2020-09-10
MS EMERGING MKTS DOMESTIC DEBIT P    
AMERICAN AIRLS GROUP INC P 2017-02-06 2020-11-03
ANHEUSER-BUSCH P 2019-04-19 2020-12-16
QUARTE RETAIL INC P 2019-08-20 2020-09-15
VIATRIS INC P 2019-08-20 2020-11-17
LIBERTY BROADBAND CORP S-C P 2019-08-20 2020-12-21
MICROSOFT CORP P 2019-08-20 2020-07-02
QURATE RETAIL INC P 2019-08-20 2020-09-15
THE SOUTHERN CO P 2015-10-06 2020-10-20
ISHARES GOLD TRUST P 2020-09-09 2020-12-31
ISHARES SILVER SHARES P 2020-09-09 2020-12-31
US TREASURY BILL P 2019-10-23 2020-10-08
APPLE HOSPITALITY REIT INC P    
(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 706     706
b 1,169   1,169  
c 10,001   33,108 -23,107
d 99   99  
e 42,375   40,925 1,450
1,710   1,710  
5,581   22,597 -17,016
54,748   50,925 3,823
14   20 -6
16   13 3
3   2 1
103,662   68,987 34,675
31   44 -13
50,000   50,000  
19   19  
39   39  
83,980   83,258 722
528   528  
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       706
b        
c       -23,107
d        
e       1,450
       
      -17,016
      3,823
      -6
      3
      1
      34,675
      -13
       
       
       
      722
       
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 5,339
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 -20,229
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................................ 1 765
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........................... 3 765
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- ..... 5 765
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,110
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,110
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 10 345
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet345 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)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. 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 ofbulletLORI FOSTER Telephone no.bullet (716) 601-7793

    Located atbullet4867 WILLAM STLANCASTERNY ZIP+4bullet14086
    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
     
     
    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
     
    No
    .........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
    LORI FOSTER TRUSTEE
    2.00     		4,900 0 0
    4967 WILLIAM STREET
    LANCASTER,NY14086
    DAVID E GUTOWSKI TRUSTEE
    2.00     		4,900 0 0
    350 MAIN STREET
    BUFFALO,NY14202
    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  
    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 N/A  
    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
    3,354,542
    b
    Average of monthly cash balances.......................
    1b
    51,731
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,406,273
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    3,406,273
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    51,094
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,355,179
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    167,759
    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
    167,759
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    765
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    765
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    166,994
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    166,994
    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
    166,994
    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
    136,805
    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
    136,805
    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
    136,805
    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 7 166,994
    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...... 14,607
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 14,607
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 136,805
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 136,805
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020. 14,607 14,607
    (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  
    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 ..........     		15,582
    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) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    THE CAROL L ADRAGNA FAMILY FOUNDAT
    PO BOX 46
    DEPEW,NY14043
    (716) 601-7793
    bThe form in which applications should be submitted and information and materials they should include:
    THE FOUNDATION WILL NOT USE A FORMAL APPLICATION PROCESS TO QUALIFY CANDIDATES FOR THE SCHOLARSHIP AWARDS. INSTEAD, RECOMMENDED CANDIDATES WILL AUDITION FOR THE SCHOLARSHIP COMMITTEE. THE PERFORMANCE AT THIS AUDITION ALONG WITH THE CANDIDATE'S SCHOLASTIC ACHIEVEMENTS DURING HIGH SCHOOL WILL BE EVALUATED BY THE COMMITTEE TO DETERMINE IF THE CANDIDATE WILL BE AWARDED A SCHOLARSHIP.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CANDIDATE MUST BE A STUDENT WITH AN INTEREST IN PURSUING A CAREER IN MUSIC AND MUST GRADUATE FROM HIGH SCHOOL AND BE ACCEPTED AT A POST-SECONDARY EDUCATIONAL INSTITUTION.
    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
    ALEXANDER RENZONI
    6307 EVERWOOD COURT SOUTH
    EAST AMHERST,NY14051     		N/A EXEMPT SCHOLARSHIP 3,500
    ALZHEIMER'S ASSOCIATION
    360 LEXINGTON AVENUE 3RD
    NEW YORK,NY10017     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    AMERICAN HEART ASSOCIATION
    7272 GREENVILLE AVENUE
    DALLAS,TX75231     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    AMERICAN RED CROSS
    786 DEAWARE AVENUE
    BUFFALO,NY14209     		N/A EXEMPT GENERAL - UNRESTRICTED 2,500
    ARTHRITIS FOUNDATION
    1355 PEACHTREE SUITE 600
    ATLANTA,GA30309     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    ASPCA
    PO BOX 1802
    PROVIDENCE,RI02901     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    BENJAMIN MEKINULOZ
    101 MAYNARD DR
    BUFFALO,NY14226     		N/A EXEMPT SCHOLARSHIP 4,000
    BOYS TOWN
    14100 CRAWFORD STREET
    BOYS TOWN,NE68010     		N/A EXEMPT GENERAL - UNRESTRICTED 4,500
    BUFFALO CITY MISSION
    100 E TUPPER STREET
    BUFFALO,NY14203     		N/A EXEMPT GENERAL - UNRESTRICTED 2,500
    BUFFALO EVENING NEWS CHARITY FUND
    PO BOX 100
    BUFFALO,NY14240     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    CARE ORG
    151 ELLIS STREET NE
    ATLANTA,GA30303     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    COVENANT HOUSE
    5 PENN PLAZA 3RD FL
    NEW YORK,NY10001     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    DEFENDERS OF WILDLIFE
    130 17TH ST NW
    WASHINGTON,DC200364604     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    DEPEW-LANCASTER BOYS GIRLS CLUB
    5440 BROADWAY
    LANCASTER,NY14086     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    ENVIRONMENTAL DEFENSE FUND
    257 PARK AVENUE SOUTH
    NEW YORK,NY100107304     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    FEED CHILDREN
    333 N MERIDIAN AVE
    OKLAHOMA CITY,OK731076507     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    FEED MORE
    1415 RHOADMILLER STREET
    RICHMOND,VA23220     		N/A EXEMPT GENERAL - UNRESTRICTED 3,200
    FOOD BANK OF WNY
    91 HOLT STREET
    BUFFALO,NY14206     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    FRIENDS OF THE NIGHT PEOPLE
    394 HUDSON STREET
    BUFFALO,NY14201     		N/A EXEMPT GENERAL - UNRESTRICTED 2,500
    GUIDE DOGS FOR THE BLIND
    350 LOS RANCHITOS RD
    SAN RAFAEL,CA949033606     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    HABITAT FOR HUMANITY
    1675 SOUTH PARK AVE
    BUFFALO,NY142201438     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    HOSPICE AND PALLIATIVE CARE BUFFALO
    225 COMO PARK BLVD
    BUFFALO,NY14227     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    HUMANE SOCIETY OF US
    306 E 59TH ST
    NEW YORK,NY100222006     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    MADD
    1019 QUINLAN DR
    GREENSBORO,NC274068253     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    MAKE A WISH METRO NY AND WESTERN NY
    500 5TH AVE 29TH FL
    NEW YORK,NY101102999     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    MARCH OF DIMES
    1550 CRYSTAL DR STE 1300
    ARLINGTON,VA222024144     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    MARINE TOYS FOR TOTS FOUNDATION
    18251 QUANTICO GATEWAY DR
    TRIANGLE,VA221721776     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    MEMORIAL SLOAN KETTERING CANCER CEN
    1275 YORK AVE
    NEW YORK,NY100656007     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    MERCY FLIGHT
    100 AMHERST VILLA RD
    BUFFALO,NY142251432     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    MERCY SHIPS
    PO BOX 2020
    LINDALE,TX757712020     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    NAMI
    4301 WILSON BLVD STE 300
    ARLINGTON,VA222031867     		N/A EXEMPT GENERAL - UNRESTRICTED 3,000
    NATIONAL AUDUBON SOCIETY
    225 VARICK STREET 7TH FL
    NEW YORK,NY100144396     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    733 THIRD AVE 3RD FL
    NEW YORK,NY100173211     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    NATIONAL WILDLIFE FEDERATION
    11100 WILDLIFE CENTER DR
    RESTON,VA201905361     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    NATURE CONSERVANCY
    4245 FAIRFAX DR
    ARLINGTON,VA222031637     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    NATUROPATHIC DOCTORS WITHOUT BORDER
    1041 W PAGE AVE
    GILBERT,AZ852334746     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    NIAGARA AQUARIUM FOUNDATION
    701 WHIRLPOOL STREET
    NIAGARA FALLS,NY14301     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    OCEAN CONSERVANCY
    1300 19TH ST NW STE 800
    WASHINGTON,DC200361653     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    PARKINSONS FOUNDATION
    1359 BROADWAY RM 1509
    NEW YORK,NY100187867     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    PAWS FOR PURPLE HEARTS
    10201 OLD REDWOOD HWY
    PENNGROVE,CA949519671     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    RACHEL NARVILITIS
    35 HIGHLAND AVE
    ORCHARD PARK,NY14127     		N/A EXEMPT SCHOLARSHIP 3,500
    SAMARITANS PURSE
    PO BOX 3000
    BOONE,NC286073000     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    SAVE THE CHILDREN
    102 BENELLI DR
    GUNTOWN,MS388498504     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    SHARE OUR STRENGTH
    1030 15TH ST NW STE 1100W
    WASHINGTON,DC200051531     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    SIERRA CLUB
    2101 WEBSTER ST 12/F
    OAKLAND,CA946123011     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    SMILE TRAIN
    633 3RD AVE FL 19
    NEW YORK,NY100176796     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    SPCA SERVING ERIE COUNTY
    300 HARLEM ROAD
    WEST SENECA,NY14224     		N/A EXEMPT GENERAL - UNRESTRICTED 3,000
    SPECIAL PLYMPICS NEW YORK
    504 BALTOWN ROAD
    SCHENECTADY,NY12304     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    ST JOHNS LUTHERAN CHURCH
    2131 WOODARD RD
    ELMA,NY140599364     		N/A EXEMPT GENERAL - UNRESTRICTED 3,000
    ST JUDE CHILDRENS RESEARCH HOSPITAL
    262 DANNY THOMAS PL
    MEMPHIS,TN381053678     		N/A EXEMPT GENERAL - UNRESTRICTED 3,000
    STEPHANIE MAGERA
    6443 KEVIN CT
    CLARENCE CENTER,NY14032     		N/A EXEMPT SCHOLARSHIP 3,500
    TEEN CHALLENGE
    416 CLINTON AVE
    BROOKLYN,NY112381602     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    THE BUFFALO ZOO
    300 PARKSIDE AVE
    BUFFALO,NY14214     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    THE CHILDRENS HOSPITAL OF BUFFALO F
    726 EXCHANGE ST
    BUFFALO,NY142101484     		N/A EXEMPT GENERAL - UNRESTRICTED 2,300
    THE SALVATION ARMY OF BUFFALO
    960 MAIN STREET
    BUFFALO,NY14202     		N/A EXEMPT GENERAL - UNRESTRICTED 2,500
    THE SHRINERS HOSPITAL FOR CHILDREN
    2900 N ROCKY POINT DR
    TAMPA,FL336071435     		N/A EXEMPT GENERAL - UNRESTRICTED 4,000
    UNITED WAY
    800 TROY-SCHENECTADY ROAD
    LATHAM,NY121102424     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    USA FOR UNHCR
    1310 L ST NW STE 450
    WASHINGTON,DC20005     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    VARIETY KIDS TELETHON
    6114 BROADWAY AVE
    LANCASTER,NY14086     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    VETERANS FOREIGN WARS
    131 MOHAWK ST
    HERKIMER,NY133502350     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    WESTERN NY LAND CONSERVANCY
    PO BOX 471
    EAST AURORA,NY140520471     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    WILDERNESS SOCIETY
    1615 M STREET NW
    WASHINGTON,DC200363209     		N/A EXEMPT GENERAL - UNRESTRICTED 1,000
    WORLD WILDLIFE FUND
    1250 24TH ST NW
    WASHINGTON,DC200371124     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    WOUNDED WARRIOR PROJECT
    4899 BELFORT RD STE 300
    JACKSONVILLE,FL322566033     		N/A EXEMPT GENERAL - UNRESTRICTED 2,000
    Total .................................bullet 3a 129,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 81,180  
    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 ............     		    14 5,339  
    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)..   86,519  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    86,519
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    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 CAROL J ADRAGNA
    FAMILY FOUNDATION
    Employer identification number

    27-6968082
    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 CAROL J ADRAGNA
    FAMILY FOUNDATION         		Employer identification number
    27-6968082
    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
    CAROL J ADRAGNA
    63 LOU DRIVE
     
    DEPEW, NY14043

    		$ 4,736,897


    (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 CAROL J ADRAGNA
    FAMILY FOUNDATION         		Employer identification number

    27-6968082
    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
    		 SECURITIES SEE ATTACHED LIST $ 3,363,718 2020-08-03
    (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 CAROL J ADRAGNA
    FAMILY FOUNDATION         		Employer identification number

    27-6968082
    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 AccountingFeesSchedule
    Name:
    THE CAROL J ADRAGNA
     
    FAMILY FOUNDATION
    EIN:
    27-6968082
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,810 2,405   2,405

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE CAROL J ADRAGNA
     
    FAMILY FOUNDATION
    EIN:
    27-6968082
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ANHEUSER-BUSCH INBEV WORLDWIDE INC    
    AT&T INC 3.950% 57,139 57,139
    FORD MOTOR CO 8.875% 11,052 11,052
    FORD MOTOR CREDIT CO LLC 3.813% 203,923 203,923
    JPMORGAN CHASE 2.972% 20,819 20,819
    SHERWIN-WILLIAMS CO/THE 3.95% 46,479 46,479
    THE SOUTHERN CO 6.25% (SOJA)    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE CAROL J ADRAGNA
     
    FAMILY FOUNDATION
    EIN:
    27-6968082
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABB LTD 27,233 27,233
    ABBVIE INC COM 63,861 63,861
    ACCENTURE PLC IRELAND 103,700 103,700
    ADOBE INC 50,012 50,012
    ADVANCE AUTO PARTS 12,128 12,128
    AIR LIQUIDE ADR 6,907 6,907
    AKAMAI TECHNOLOGIES INC 13,544 13,544
    ALCON INC 4,949 4,949
    ALEXION PHARM INC 17,499 17,499
    ALIBABA GROUP HLDG LTD 46,546 46,546
    ALPHABET INC 61,316 61,316
    ALSTOM ADR 9,320 9,320
    AMAZON COM INC 68,396 68,396
    AMC NETWORKS INC 5,938 5,938
    AMERICAN AIRLS GROUP INC    
    AMERICAN EXPRESS CO 24,182 24,182
    AMGEN INC 22,992 22,992
    ANHEUSER BUSCH INBEV SA SPON 13,493 13,493
    AON PLC 79,015 79,015
    APPLE HOSPITALITY REIT INC 25,820 25,820
    APPLE INC 190,012 190,012
    APTIV PLC 9,772 9,772
    ASSA ABLOY AB 10,307 10,307
    AT&T INC 71,900 71,900
    AUTODEST INC DELAWARE 26,870 26,870
    AUTOHOME INC 5,878 5,878
    BANK OF AMERICA 30,310 30,310
    BANK OF AMERICA CORP 6.2% 49,980 49,980
    BEIERSDORF AG UNSPONS ADR 9,591 9,591
    BERKSHIRE HATHAWAY CL B 92,748 92,748
    BHP GROUP LIMITED ADR 13,917 13,917
    BIOGEN INC COM 20,079 20,079
    BIOMARIN PHARMAC 6,489 6,489
    BLACKROCK ENERGY AND RESOURCES 7,100 7,100
    BLACKSTONE GROUP LP 64,810 64,810
    BOSTON SCIENTIFIC CORP 19,593 19,593
    BRISTOL MYERS SQUIBB CO 62,030 62,030
    BROADCOM INC 38,093 38,093
    CANADIAN NATL RAILWAY CO 11,754 11,754
    CARLSBERG AS 10,346 10,346
    CATERPILLAR INC 54,606 54,606
    CERENCE INC 8,842 8,842
    CH ROBINSON WORLDWIDE INC 6,571 6,571
    CIGNA CORP 96,387 96,387
    CITRIX SYSTEMS INC 18,474 18,474
    COMCAST CORP CL A 65,605 65,605
    COMPANHIA DE SANEMENTO BASI 3,556 3,556
    COMPASS GROUP PLC 10,582 10,582
    CONOCOPHILLIPS 3,239 3,239
    COSTCO WHOLESALE CORP NEW 12,057 12,057
    CREE RESEARCH INC 17,897 17,897
    CVS HEALTH CORP COM 34,218 34,218
    DANAHER CORPATATION 39,763 39,763
    DAVIS SELECT WORLDWIDE 58,049 58,049
    DBS GROUP HOLDINGS LTD 11,484 11,484
    DELTA AIR LINES INC 20,105 20,105
    DIAGEO PLC SPON ADR NEW 8,417 8,417
    DISCOVERY INC 11,675 11,675
    DOLBY CLA A 11,947 11,947
    DOMINION ENERGY INC 26,546 26,546
    EATON CORP PLC 81,575 81,575
    ECOLAB INC 11,251 11,251
    ENEL SOCIETA PER AZIONI ADR 16,605 16,605
    ENGIE SPONS ADR 7,558 7,558
    ENN ENERGY HOLDIGNS LTD 13,071 13,071
    EQUINIX INC 12,141 12,141
    EQUINOR ASA 8,259 8,259
    FACEBOOK INC 43,432 43,432
    FERGUSON PLC 11,190 11,190
    FIDELITY NATL INFORMATION SE 53,896 53,896
    FIREEYE INC 10,977 10,977
    FIRST TR INTERM DUR PRF&INC FD 48,100 48,100
    FIRST TR MLP & ENERG INC FND 8,715 8,715
    FIRST TRUST DYNAMIC EUROPE INC 29,500 29,500
    FIRST TRUST LOW DURATION OPP 102,940 102,940
    FIRSTENERGY CORP. 45,915 45,915
    FLUGHAFEN ZUERICH AG ADR 4,075 4,075
    FORD MOTOR CO NEW 26,370 26,370
    FREEPORT-MCMORAN 25,682 25,682
    GOLDMAN SACHS SRP 53,006 53,006
    GUARDANT HEALTH INC 16,497 16,497
    HEXAGON 12,691 12,691
    HITACHI 10 COM 4,129 4,129
    HOME DEPOT INC 11,687 11,687
    HONEYWELL INTERNATIONAL INC 101,671 101,671
    ICICI BANK LTD 3,670 3,670
    IHS MARKIT LTD 12,486 12,486
    ILL TOOL WORKS INC 77,067 77,067
    IMMUNOGEN INC 1,987 1,987
    INTEL CORP 24,910 24,910
    INTL BUSINESS MACHINES CORP 37,764 37,764
    IONIS PHARMACEUTICALS INC 12,382 12,382
    ISHARES GOLD TRUST (IAU) 23,569 23,569
    ISHARES SILVER SHARE (SLV) 24,570 24,570
    ISHARES US AEROPACE & DEF (ITA) 15,724 15,724
    JOHNSON & JOHNSON 123,543 123,543
    JOHNSON CTLS INTL 20,173 20,173
    KEYCORP 16,410 16,410
    KIMBERLY CLARK CORP 47,730 47,730
    KNORR BREMSE 9,928 9,928
    L3HARRIS TECHNOLOGIES INC 23,628 23,628
    LAFARGEHOLCIM 21,680 21,680
    LIBERTY BROADBAND CORP S-A 2,679 2,679
    LIBERTY BROADBAND CORP S-C 4,593 4,593
    LIBERTY MEDIA A SER A SIRUSXM 2,807 2,807
    LIBERTY MEDIA C SER A SIRUSXM 5,308 5,308
    LIBERTY MEDIA CORP SER A 1,026 1,026
    LIBERTY MEDIA CORP SER C 1,065 1,065
    LINDE PLC 7,378 7,378
    LIONS GATE ENTMNT CORP 3,311 3,311
    LOCKHEED MARTIN CORP 28,398 28,398
    LOJAS RENNER SA 6,004 6,004
    LONZA GROUP AG ZUERICH ADR 14,098 14,098
    LOWES COMPANIES 28,731 28,731
    MAKITA CORPORATION LTD 21,642 21,642
    MARSH & MCLENNAN COS INC 47,151 47,151
    MCKESSON CORP 31,306 31,306
    MEDTRONIC PLC 6,677 6,677
    MERCK & CO INC NEW COM 3,845 3,845
    MICROSOFT CORPORATION 261,121 261,121
    MONSTER BEVERAGE CORP NEW 13,040 13,040
    MS EMERGING MKTS DOMESTIC DEBT 18,870 18,870
    NASDAQ INC COM 50,574 50,574
    NATION OILWELL VARCO INC 5,973 5,973
    NATIONAL GRID PLC SPON ADR 59,030 59,030
    NATL GENL HLDGS CORP 7.5% 25,160 25,160
    NESTLE SPON 65,497 65,497
    NINETENDO CO 31,403 31,403
    NORDEA BANK 8,674 8,674
    NORTHROP GRUMMAN 6,094 6,094
    NOVARTIS 3,966 3,966
    NOW INC 3,245 3,245
    NUANCE COMMUNICATION INC 10,714 10,714
    NUCOR CORPORATION 12,819 12,819
    NUTANIX INC 9,657 9,657
    NVIDIA CORPORATION 15,144 15,144
    NXP SEMICONDUCTOR NV 48,180 48,180
    ORACLE CORP. 38,814 38,814
    PALO ALTO NETWORKS INC 26,654 26,654
    PENTAIR PLC 6,212 6,212
    PEPSICO INC NC 33,664 33,664
    PFIZER INC 49,509 49,509
    PHILLIPS 66 COM 34,970 34,970
    PING AN INSURANCE ADR 4,092 4,092
    PPG INDUSTRIES INC 52,208 52,208
    PRUDENTIAL PLC 13,332 13,332
    PT BK MANDIRI PERSERO TBK 2,154 2,154
    QUALCOMM INC 25,136 25,136
    QURATE RETAIL INC 15,534 15,534
    QURATE RETAIL INC 6.5% 4,158 4,158
    RAYTHEON TECHNOLOGIES CORP 28,604 28,604
    ROCHE HOLDINGS 34,283 34,283
    ROYAL DSM NV 12,493 12,493
    RYANAIR HLDGS PLC 12,428 12,428
    RYOHIN KEIKAKU CO 10,291 10,291
    SALESFORCE.COM.INC 16,022 16,022
    SANOFI ADR 17,930 17,930
    SAP AG 24,513 24,513
    SEAGATE TECHNOLOGY PLC 23,745 23,745
    SHIMANO INC 8,588 8,588
    SHIN ETSU CHEM CO LTD 17,592 17,592
    SL GREEN REALTY CORP. 6.5% 50,300 50,300
    SPLUNK INC 8,834 8,834
    STANELY BLACK & DECKER INC 54,639 54,639
    STATE STREET CORP 28,384 28,384
    SUZUKI MTR CORP 2,803 2,803
    TAIWAN SMCNDCTR MFG CO LTD 32,167 32,167
    TAUBMAN CEBTERS INC. 6.25% 50,000 50,000
    TE CONNECTIVITY LTD 23,487 23,487
    TENCENT HLDGS LTD 28,756 28,756
    TESCO 19,330 19,330
    TEXAS INSTRUMENTS 91,420 91,420
    THERMO FISHER SECIENTIFIC 57,291 57,291
    TRANE TECHNOLOGIES 54,000 54,000
    TWITTER INC 36,118 36,118
    U S BANCORP 58,144 58,144
    UBER TECHNOLOGIES INC 16,575 16,575
    ULTA BEAUTY INC 9,476 9,476
    UNILEVER 1,871 1,871
    UNION PACIFIC CORP 68,504 68,504
    UNITED PARCEL SER INC 22,060 22,060
    UNITEDHEALTH GP INC 63,122 63,122
    VERIZON COMMUNICATIONS 63,920 63,920
    VERTEX PHARMACEUTICALS 21,507 21,507
    VESTAS WIND SYSTEM 23,547 23,547
    VIATRIS INC 18,740 18,740
    VISA INC 29,310 29,310
    VIVENDI SA 20,287 20,287
    VMWARE INC 13,605 13,605
    VOLKSWAGEN 6,834 6,834
    W W GRAINGER INC 18,375 18,375
    WALT DISNEY CO HLDG CO 41,853 41,853
    WELLS FARGO & CO 5.7% 51,200 51,200
    WESTERN DIGITAL CORPORTATION 16,174 16,174
    WOLTERS KLUWER 8,897 8,897
    ZOETIS INC 21,515 21,515

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE CAROL J ADRAGNA
     
    FAMILY FOUNDATION
    EIN:
    27-6968082
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALLIANCE BERNSTERIN INCOME ADV FMV 257,054 257,054

    TY 2020 OtherExpensesSchedule
    Name:
    THE CAROL J ADRAGNA
     
    FAMILY FOUNDATION
    EIN:
    27-6968082
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    OTHER ADMINISTRATIVE EXPENSE 1,387      


    TY 2020 OtherIncreasesSchedule
    Name:
    THE CAROL J ADRAGNA
     
    FAMILY FOUNDATION
    EIN:
    27-6968082
    Description Amount
    UNREALIZED GAIN ON SECURITIES 472,416


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE CAROL J ADRAGNA
     
    FAMILY FOUNDATION
    EIN:
    27-6968082
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 24,157 24,157    


    TY 2020 SubstantialContributorsSch
    Name:
    THE CAROL J ADRAGNA
     
    FAMILY FOUNDATION
    EIN:
    27-6968082
    Name Address
    CAROL J ADRAGNA 63 LOU DRIVE
    DEPEW,NY14043


    TY 2020 TaxesSchedule
    Name:
    THE CAROL J ADRAGNA
     
    FAMILY FOUNDATION
    EIN:
    27-6968082
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 534      
    NYS CHAR500 FEE 250