TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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 Uberoi Foundation for Religious Studies

% Foundation Source

Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377

A Employer identification number

26-6101307

B Telephone number (see instructions)

(800) 839-1754

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$8,317,067J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	0
2	Check .............
3	Interest on savings and temporary cash investments	2,248		2,248
4	Dividends and interest from securities...	113,841		113,841
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		188,547
b	Gross sales price for all assets on line 6a 3,251,840
7	Capital gain net income (from Part IV, line 2)...			188,547
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).......		28,607	25,646
12	Total. Add lines 1 through 11........	333,243		330,282
13	Compensation of officers, directors, trustees, etc.	54,000			54,000
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)....		92,396	52,396	40,000
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		4,814
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	612			612
22	Printing and publications..........
23	Other expenses (attach schedule).......		46,688	12,007	34,670
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	198,510		64,403	129,282
25	Contributions, gifts, grants paid.......	229,000			229,000
26	Total expenses and disbursements. Add lines 24 and 25	427,510		64,403	358,282
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-94,267
b	Net investment income (if negative, enter -0-)			265,879
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	189,302	723,886	723,886
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	783,163	599,919	644,336
	b	Investments—corporate stock (attach schedule).......	4,421,117	3,972,118	5,199,532
	c	Investments—corporate bonds (attach schedule).......	557,795	505,055	541,391
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	779,346	835,478	1,207,922
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	6,730,723	6,636,456	8,317,067
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		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	6,730,723	6,636,456
	29	Total net assets or fund balances (see instructions).....	6,730,723	6,636,456
	30	Total liabilities and net assets/fund balances (see instructions).	6,730,723	6,636,456

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

6,730,723

Enter amount from Part I, line 27a .....................

-94,267

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

6,636,456

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

6,636,456

Form 990-PF (2020)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	Publicly-traded Securities
b	Passthrough K1 Capital Gain/(Loss)
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	3,251,840	3,120,838	131,002
b			57,545
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			131,002
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	188,547
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 ...................		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

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	3,696
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	3,696
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	3,696
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	5,116
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	5,116
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,420
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax1,420	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

Yes

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

The books are in care of bullet

Foundation Source Telephone no. bullet

(800) 839-1754

Located at bullet

501 Silverside Road Suite 123WilmingtonDE ZIP+4 bullet

198091377

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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-)
Anu Bhatia	Trustee 5.0	11,000
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Trustee 5.0	11,000
Jyothi Bhatia	Trustee 5.0	11,000
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Trustee 5.0	11,000
Sneha Harjai	Trustee 5.0	11,000
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Trustee 5.0	11,000
Ramdas Lamb	Vice Chairman, Trustee 5.0	10,000
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Vice Chairman, Trustee 5.0	10,000
Katharine Nanda	Sec 10.0	1,000
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Sec 10.0	1,000
Yashwant Pathak	Chairman, Trustee 5.0	10,000
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Chairman, Trustee 5.0	10,000
James Polsfut	Treas 10.0	40,000
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Treas 10.0	40,000

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances










Total number of other employees paid over $50,000...................

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
First Western Trust Bank	Inv Mgt/Admin	83,001
1200 17th street ste 2650 DENVER,CO80202	Inv Mgt/Admin	83,001

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	TEACHER TRAINING PROGRAM - A WEEK-LONG INTERNAL PROGRAM IN COLORADO OF HIGH SCHOOL TEACHER TRAINING IN THE INDIC TRADITIONS	1,719
2	EXPERTS MEETING - PROMOTE COLLEGIALITY & UNDERSTANDING AMONG US ACADEMICIANS & OTHER EXPERTS IN ONE OR MORE OF THE FOUR DHARMIC TRADITIONS OF BUDDHISM, HINDUISM, SIKHISM & JAINISM	645
3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

5,672,083

Average of monthly cash balances.......................

780,010

Fair market value of all other assets (see instructions)................

1,207,922

Total (add lines 1a, b, and c).........................

7,660,015

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

7,660,015

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

114,900

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

7,545,115

Minimum investment return. Enter 5% of line 5..................

377,256

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.)

Minimum investment return from Part X, line 6....................

377,256

Tax on investment income for 2020 from Part VI, line 5......

3,696

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

3,696

Distributable amount before adjustments. Subtract line 2c from line 1............

373,560

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

373,560

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

373,560

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

358,282

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

358,282

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

358,282

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)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7				373,560
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......			344,886
b Total for prior years:2018, 2017, 2016
3 Excess distributions carryover, if any, to 2020:
a From 2015......
b From 2016......
c From 2017......
d From 2018......
e From 2019......
fTotal of lines 3a through e........
4Qualifying distributions for 2020 from Part
XII, line 4: $ 358,282
a Applied to 2019, but not more than line 2a			344,886
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.....				13,396
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2020.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
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 ..........				360,164
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 ......		0
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....	0

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

NONE

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AMERICAN UNIVERSITY OF SOVEREIGN NATIONS INC PO BOX 1701 SACATON,AZ85147	N/A	PC	Native American and Dharmic Wisdom	5,000
BOSTON CENTER OF EXCELLENCE FOR HEALTH AND HUMAN D 109 GULLIVER ST MILTON,MA02186	N/A	PC	Intermittent Fasting in Dharmic Traditions	10,000
CALIFORNIA STATE UNIVERSITY FRESNO FOUNDATION 4910 N CHESTNUT AVE FRESNO,CA93726	N/A	PC	Gandhi's Moral Methods and His Global Influence project	5,000
CALIFORNIA STATE UNIVERSITY FRESNO FOUNDATION 4910 N CHESTNUT AVE FRESNO,CA93726	N/A	PC	in support of the Guru symposium and writing project	1,500
CHANDANSHAMALA LIBRARY 521 W IRIS DR CHANDLER,AZ85248	N/A	PC	Impact of Indian Culture on Second Generation Indians	15,000
CONVERGENCE 2201 ALBERT ST N APT 201 ROSEVILLE,MN55113	N/A	PC	Diversity Traditions and Higher Education	20,000
GRADUATE THEOLOGICAL UNION 2400 RIDGE RD BERKELEY,CA94709	N/A	PC	Certificate in Applied Yoga Studies	15,000
HIMALAYAN ACADEMY 107 KAHOLALELE RD KAPAA,HI96746	N/A	PC	Dharmic Temple Student Tours	20,000
HINDU UNIVERSITY OF AMERICA INC 5200 VINELAND RD STE 200 ORLANDO,FL32811	N/A	PC	Mainstreaming Dharmic Perspectives in International relations	5,000
HINDUPEDIA CORPORATION 10367 MENHART LN CUPERTINO,CA95014	N/A	PC	Textbook Reform project	12,500
INSTITUTE OF ADVANCED SCIENCES 86 FAUNCE CORNER RD NORTH DARTMOUTH,MA02747	N/A	PC	Uberoi Foundation Fellowship Fund	50,000
LOYOLA MARYMOUNT UNIVERSITY 1 LMU DR STE 2800 LOS ANGELES,CA90045	N/A	PC	Yoga Studies - Scholarships fund for MA Students	5,000
LOYOLA MARYMOUNT UNIVERSITY 1 LMU DR STE 2800 LOS ANGELES,CA90045	N/A	PC	Yoga Studies Clinical Professorship project	15,000
MAHAVIR VISION INC 133 HEATHERMERE LOOP GALENA,OH43021	N/A	PC	International Jain Winter School Program 2019-2020	5,000
MANTHRATALK ORGANIZATION 133A EAGLE CREEK DR PORTSMOUTH,OH45662	N/A	PC	Indian History and Culture Conference	5,000
TRUE DHARMA INTERNATIONAL BUDDHIST MISSION INCORPO 11319 93RD ST LARGO,FL33773	N/A	PC	Good Death Auspicious Rebirth Training	20,000
UNIVERSITY OF MASSACHUSETTS DARTMOUTH FOUNDATION I 285 OLD WESTPORT RD N DARTMOUTH,MA02747	N/A	PC	Four Dharmas: Mantra and Lectio project	5,000
WELLESLEY COLLEGE 106 CENTRAL ST WELLESLEY,MA02481	N/A	PC	Sounding Gurbani: Experiencing Sikh Scripture as Music and sound	15,000
Total ................................. 3a				229,000

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	2,248
4 Dividends and interest from securities....			14	113,841
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............			18	188,547
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aK-1 Inc/Loss	525990	2,961	14	25,580
bCLASS ACTION LAWSUIT PROCEEDS			01	66
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		2,961		330,282

13Total. Add line 12, columns (b), (d), and (e)..................

333,243

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 CompensationExplanation

Name:

The Uberoi Foundation for Religious Studies

EIN:

26-6101307

Person Name	Explanation
James Polsfut	*JAMES POLSFUT, TREASURER, WAS PAID $40,000 BY THE FOUNDATION IN HIS CAPACITY AS EXECUTIVE DIRECTOR DURING 2020. THIS COMPENSATION IS REPORTED ON PART I, LINE 16C TO BE CONSISTENT WITH THE CHARACTER OF THE EXPENSE.

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2020 DepreciationSchedule

Name:

The Uberoi Foundation for Religious Studies

EIN:

26-6101307

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income	Adjusted Net Income	Cost of Goods Sold Not Included

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

The Uberoi Foundation for Religious Studies

EIN:

26-6101307

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABS CORP HM EQ LN TRSER 2001-H	22,840	23,883
AIR LEASE CORP - 4.250% - 09/1	10,929	12,052
AMERICAN AIRLN SER 2019-1 CL A	20,593	19,863
AMERICAN CAMPUS CMNTYS OPER -	11,974	13,098
AMERICAN TOWER CORP - 4.400% -	11,570	12,736
ARES CAP CORP - 3.500% - 02/10	11,987	12,641
AT&T - 4.250% - 03/01/2027	11,052	12,858
AUTODESK INC - 4.375% - 06/15/	11,611	12,580
BANK OF AMERICA - 4.250% - 10/	10,968	12,903
BEAR STEARNS ALT-A SER 2003-6	8,560	8,688
BOSTON SCIENTIFIC CORP - 3.750	10,979	12,483
CA INC - 4.500% - 08/15/2023	12,702	12,863
CELGENE CORP - 3.900% - 02/20/	14,959	17,030
CROWN CASTLE INTL CORP - 4.000	12,354	13,782
CS FIRST BOSTON - 2.579% - 10/	1,091	1,138
CSFB MGT PRC SER 2004-AR8 - 0.	1,563	1,572
CSFB MTG SER 2003-113 - 5.500%	2,376	2,357
DOLLAR TREE INC - 4.000% - 05/	11,994	13,551
EBAY INC - 3.600% - 06/05/2027	10,010	11,333
HARBORVIEW MTG - 2.055% - 06/1	13,031	13,605
HCA INC - 5.250% - 06/15/2026	10,578	11,835
INTERNATIONAL LEASE FIN - 5.87	11,458	11,886
JP MORGAN ACCEPT SER 2004-A3 C	5,795	5,749
KINDER MORGAN ENERGY - 4.250%	11,264	12,285
LAS VEGAS SANDS CORP - 3.500%	10,978	11,771
LEGG MASON INC - 4.750% - 03/1	10,657	11,875
LONG BEACH MTG LN TRSER - 1.33	18,586	19,287
MAGELLAN MIDSTREAM PRTNRS LP -	12,033	13,109
MARTIN MARIETTA MATERIALS - 3.	9,992	11,331
MASRT ADJ MTG 2004-6SER - 0.02	4,524	4,581
MORGAN STANLEY - 4.000% - 07/2	11,233	12,538
PACKAGING CORPORATION - 3.400%	11,990	13,520
PAYPAL HLDGS INC - 2.850% - 10	12,995	14,440
RAYMOND JAMES FINANCIAL - 3.62	9,988	11,472
RESIDENTIAL MTG LN SER 1998-1	11,200	11,299
ROPER TECHNOLOGIES BD - 3.650%	12,006	13,020
SEQUOIA MTG TR SER 2013-6 CL A	14,886	15,511
SEQUOIA MTG TRUST SER 2003-8 C	15,750	15,958
SIMON PROPERTY GROUP - 3.300%	6,251	6,590
STRUCTURED ASSET SER 1999-SP1	6,903	6,991
SVB FINL - 3.500% - 01/29/2025	11,993	13,079
UNITED AIRLINES - 4.300% - 02/	6,073	5,679
UNITED CONTINENTAL HOLDINGS IN	11,803	11,560
US AIRWAYS PT TRUST SER 2001-1	4,014	3,600
VIACOM INC SR DEB - 7.875% - 0	7,336	8,961
WASHINGTON MUTUAL - 3.842% - 0	5,640	5,655
WASHINGTON MUTUAL MORTGAGE - 3	15,986	16,793

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

The Uberoi Foundation for Religious Studies

EIN:

26-6101307

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABS	18,286	31,752
ACCENTURE PLC	20,411	33,435
ADECCO S.A. UNSP/ADR	7,209	8,051
ADOBE SYSTEMS, INC	10,806	19,505
AIA GROUP LTD ADR	7,043	8,352
AIR PRODS & CHEM INC	13,122	12,568
AIRBUS GROUP	6,729	13,168
ALIBABA GROUP HOLDING LTD	7,493	6,982
ALLIANCEBERNSTEIN SMALL CAP GR	269,566	381,268
ALPHABET INC CL A	21,790	35,053
AMERICAN TOWER REIT INC	16,658	27,609
ANGLO AM PLC ADR	8,948	11,038
ASML HOLDING NV NY REG SHS	8,164	8,291
BLACKROCK INC	21,065	38,963
CAP GEMINI SA UNSP/ADR	8,110	10,020
CENTERPOINT ENERGY	22,729	16,771
CHARLES SCHWAB CORP	21,175	29,596
COMPAGNIE DE SAINT G	7,758	9,122
COSTCO WHOLESALE CORPORATION	22,427	30,142
DANAHER CORP	19,823	31,988
DEUTSCHE POST AG	7,141	12,261
DNB NOR ASA SPONSOR ADR	13,545	15,041
DOLLAR GENERAL CORP	18,054	22,082
ECOLAB INC	19,133	28,560
ESTEE LAUDER COMPANIES INC	20,823	44,454
FANUC LIMITED UNSPONSORED	6,136	8,123
FIRST REPUBLIC BANK	23,609	32,325
FIRST WESTERN SHORT DURATION H	279,905	308,877
FISERV INC	18,158	22,203
FORTIVE CORPORATION	20,298	24,858
GILEAD SCIENCES INC	21,924	21,614
GROUPE DANONE ADS	15,212	12,065
HITACHI LTD	7,343	10,243
HOME DEPOT INC	22,132	32,406
HONEYWELL INTL	19,424	31,267
INDUSTRIA DE DISENO	7,176	8,902
INTERCONTINENTAL EXCHANGE, INC	8,067	14,065
INTUIT	14,398	26,210
INVESCO OPPENHEIMER DEVELOPING	139,942	168,563
ISHARES RUSSELL 2000	181,814	239,977
ISHARES RUSSELL MIDCAP G IN FD	185,572	222,956
ISHARES TRUST RUSSELL MIDCAP I	297,772	395,190
JP MORGAN CHASE	24,078	28,464
JULIUS BAER GROUP LTD	7,320	11,502
KOMATSU LTD	8,184	8,359
KONINKLIJKE AHOLD DELHAIZE NV	7,729	7,227
LAZARD INTL STRATEGY EQUITY PO	72,696	83,752
MCDONALD'S CORP	18,234	24,462
MERCK KGAA SPON ADR EACH REPR	7,041	10,517
MICROSOFT CORP	19,359	43,372
MURATA MFG INC UNSP/ADR	7,978	12,894
NIKE INC-CL B	19,718	40,885
NORDEA BANK ABP	5,593	7,581
ORACLE CORP	20,433	27,752
PAYPAL HOLDINGS, INC	7,341	22,717
PEPSICO INC	20,934	27,584
PERNOD-RECARD SA	8,198	8,015
PIMCO COMMODITY REAL RETURN ST	129,450	155,485
PROSUS NV ADR	5,710	7,939
RECKITT BENCKISER GROUP	7,767	6,940
ROPER INDUSTRIES	19,578	27,590
S&P GLOBAL INC COM	8,115	16,765
SANDS CHINA LTD UNSP ADR	8,039	8,115
SAP AKTIENGESELL ADS	8,155	8,867
SCHLUMBERGER LTD	16,724	20,826
SIEMENS AG	8,234	8,112
SMITH & NEPHEW PLC ADR	13,741	12,356
STRYKER CORPORATION	19,999	32,590
TEMENOS GROUP AG	7,910	6,798
TEXAS INSTRUMENTS INC	19,697	35,616
THERMO FISHER SCIENTIFIC INC	14,762	33,070
TJX COMPANIES INC	22,146	32,779
UCB UNSP ADR	7,840	7,043
UNION PACIFIC	18,390	21,238
VANGUARD FTSE DEVELOPED MARKET	182,590	197,102
VANGUARD S&P 500 ETF	656,653	1,019,727
VANGUARD SHORT-TERM BOND INDEX	300,869	313,074
VIRTUS GLBL REAL ESTATE SEC	300,935	320,951
VISA INC	22,349	35,872
WALT DISNEY HOLDINGS CO	30,739	39,678

- TIN:

TY 2020 InvestmentsGovtObligationsSch

Name:

The Uberoi Foundation for Religious Studies

EIN:

26-6101307

US Government Securities - End of Year Book Value:

565,342

US Government Securities - End of Year Fair Market Value:

602,995

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

34,577

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

41,341

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

The Uberoi Foundation for Religious Studies

EIN:

26-6101307

Category/ Item	Book Value	End of Year Fair Market Value
AETOS CAPITAL DISTRESSED INV S	64,882	109,628
AETOS CAPITAL LONG/SHORT STRAT	178,172	310,367
AETOS CAPITAL MULTI-STRATEGY A	103,981	164,673
ALTIUS ASSOC PRIVATE EQUITY FU	347,034	534,470
BRIGHTWOOD CAPITAL SBIC II LP	141,409	88,784

- TIN:

TY 2020 OtherExpensesSchedule

Name:

The Uberoi Foundation for Religious Studies

EIN:

26-6101307

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Administrative Fees	2,000		2,000
Bank Charges	480	480
K-1 Exp ALTIUS ASSOC PRIVATE E	3,394	3,383
K-1 Exp BRIGHTWOOD CAPITAL SBI	8,144	8,144
Storage Fee	2,065		2,065
ADMINISTRATIVE FEES	30,605		30,605

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

The Uberoi Foundation for Religious Studies

EIN:

26-6101307

Description	Revenue And Expenses Per Books	Net Investment Income
K-1 Inc/Loss ALTIUS ASSOC PRIVATE EQUITY FUND LP	3,945	963
K-1 Inc/Loss BRIGHTWOOD CAPITAL SBIC II LP	24,596	24,617
Class Action Lawsuit Proceeds	66	66

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

The Uberoi Foundation for Religious Studies

EIN:

26-6101307

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment Management Services	52,396	52,396
EXECUTIVE DIRECTOR	40,000			40,000

- TIN:

TY 2020 TaxesSchedule

Name:

The Uberoi Foundation for Religious Studies

EIN:

26-6101307

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
990-PF Estimated Tax for 2020	1,300
990-PF Extension for 2019	2,734
IRS MISCELLANEOUS FEE	780