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 07-01-2020 , and ending 06-30-2021
Name of foundation
THE JOE & SANDY SAMBERG FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)8 PARSONAGE POINT
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RYE, NY10580
A Employer identification number

26-0469459
B Telephone number (see instructions)

(516) 326-2585
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$51,376,082J 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) 37,390,169
2 Check bullet.............
3 Interest on savings and temporary cash investments 4,056 4,056  
4 Dividends and interest from securities... 86,985 86,985  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,147,008
b Gross sales price for all assets on line 6a 18,282,516
7 Capital gain net income (from Part IV, line 2)... 12,205,855
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........ 40,628,218 12,296,896  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 8,000 2,000    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 172,190      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 217      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 180,407 2,000   0
25 Contributions, gifts, grants paid....... 1,615,386 1,615,386
26 Total expenses and disbursements. Add lines 24 and 25 1,795,793 2,000   1,615,386
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 38,832,425
b Net investment income (if negative, enter -0-) 12,294,896
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.............   4,396,877 4,396,878
2 Savings and temporary cash investments......... 6,036,199 9,022,872 9,022,872
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.......... 32,692    
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 5,589,750 37,956,332 37,956,332
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,658,641 51,376,081 51,376,082
Liabilities 17 Accounts payable and accrued expenses.......... 6,016 6,000
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)   Click to see attachment138,723
23 Total liabilities (add lines 17 through 22)......... 6,016 144,723
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........... 11,652,625  
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)..... 11,652,625 51,231,358
30 Total liabilities and net assets/fund balances (see instructions). 11,658,641 51,376,081
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
11,652,625
2
Enter amount from Part I, line 27a .....................
2
38,832,425
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
746,308
4
Add lines 1, 2, and 3 ..........................
4
51,231,358
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
51,231,358
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 PUBLIC TRADED SECURITIES P 2019-01-01 2021-01-25
b PUBLIC TRADED SECURITIES P 2019-01-01 2021-02-10
c PUBLIC TRADED SECURITIES P 2019-01-01 2021-06-03
d PUBLIC TRADED SECURITIES D 2019-01-01 2021-06-17
e PUBLIC TRADED SECURITIES D 2019-01-01 2021-06-29
(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 6,437,902   3,945,717 2,492,185
b 1,430,678   683,080 747,598
c 1,720,401   847,730 872,671
d 4,296,657   294,294 4,002,363
e 4,396,878   305,840 4,091,038
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       2,492,185
b       747,598
c       872,671
d       4,002,363
e       4,091,038
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 12,205,855
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 170,899
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........................... 3 170,899
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- ..... 5 170,899
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 32,692
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 32,692
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 2,850
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 141,057
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 ofbulletTHE FOUNDATION Telephone no.bullet

    Located atbullet8 PARSONAGE POINTRYENY ZIP+4bullet10580
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    SANDRA SAMBERG President
    5.00     		0    
    8 PARSONAGE POINT
    RYE,NY10580
    JOSEPH SAMBERG Vice Pres
    5.00     		0    
    8 PARSONAGE POINT
    RYE,NY10580
    LAURA FAINO Director
    5.00     		0    
    2008 RHODE ISLAND AVE
    MCLEAN,VA22101
    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  
    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
    12,847,018
    b
    Average of monthly cash balances.......................
    1b
    6,104,150
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    18,951,168
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    18,951,168
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    284,268
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    18,666,900
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    933,345
    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
    933,345
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    170,899
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    170,899
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    762,446
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    762,446
    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
    762,446
    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
    1,615,386
    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
    1,615,386
    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
    1,615,386
    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 7 762,446
    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...... 198,890
    b From 2016...... 273,704
    c From 2017...... 69,851
    d From 2018...... 109,279
    e From 2019...... 146,726
    fTotal of lines 3a through e........ 798,450
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,615,386
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 762,446
    e Remaining amount distributed out of corpus 852,940
    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 1,651,390
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		198,890
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,452,500
    10 Analysis of line 9:
    a Excess from 2016.... 273,704
    b Excess from 2017.... 69,851
    c Excess from 2018.... 109,279
    d Excess from 2019.... 146,726
    e Excess from 2020.... 852,940
    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).)
    SANDRA SAMBERG
    JOSEPH SAMBERG
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    RYE FREE READING ROOM
    1061 BOSTON POST RD
    RYE,NY10580     		NONE PC CHARITABLE 500
    RYE YMCA
    21 LOCUST AVE
    RYE,NY10580     		NONE PC CHARITABLE 1,000
    OAK LANE CHILD CARE CENTER
    49 MEMORIAL DR
    CHAPPAQUA,NY10514     		NONE PC CHARITABLE 200
    FJC
    520 EIGHTH AVE
    NEW YORK,NY10018     		NONE PC CHARITABLE 10,000
    OPEN DOOR FAMILY MEDICAL CENTER
    165 MAIN ST
    OSSINING,NY10562     		NONE PC CHARITABLE 10,000
    RYE YOUTH COUNCIL
    21 LOCUST AVE
    RYE,NY10580     		NONE EXEMPT CHARITABLE 1,000
    NORTHERN WESTCHESTER HOSPITAL
    400 E MAIN ST
    MOUNT KISCO,NY10549     		NONE PC CHARITABLE 5,000
    RYE FIRE DEPARTMENT
    PO BOX 1
    RYE,NY10580     		NONE PC CHARITABLE 1,500
    PORT CHESTERRYE EMS
    417 ELLENDALE AVE
    PORT CHESTER,NY10573     		NONE PC CHARITABLE 1,500
    PORT CHESTER CARVER CENTER
    400 WESTCHESTER AVE
    PORT CHESTER,NY10573     		NONE EXEMPT CHARITABLE 5,000
    NEW HEIGHTS YOUTH INC
    2576 BROADWAY
    NEW YORK,NY10025     		NONE PC CHARITABLE 65,000
    ROOM TO GROWGROUNDSPRINGORG
    54 W 21ST ST
    NEW YORK,NY10010     		NONE EXEMPT CHARITABLE 5,000
    HELPING HANDS
    PO BOX 982
    RYE,NY10580     		NONE EXEMPT CHARITABLE 500
    RYE POLICE ASSOCIATION
    PO BOX 246
    RYE,NY10580     		NONE PC CHARITABLE 1,500
    BOB WOODRUFF FAMILY FOUNDATION
    PO BOX 955
    BRISTOW,VA20136     		NONE PC CHARITABLE 15,000
    INCARNATION CHILDREN'S CENTER
    142 AUDOBON AVE
    NEW YORK,NY10032     		NONE EXEMPT CHARITABLE 1,000
    CORNELL UNIVERSITY
    130 E SENECA ST
    ITHACA,NY14850     		NONE PC CHARITABLE 59,500
    UNIV OF PENNSYLVANIA-PA GAZETTE
    3910 CHESTNUT ST
    PHILADELPHIA,PA19104     		NONE PC CHARITABLE 100
    MVP BASKETBALL CAMP
    PO BOX 655
    CROTON FALLS,NY10519     		NONE PC CHARITABLE 1,067
    JACOB BURNS FILM CENTER
    405 MANVILLE ROAD
    PLEASANTVILLE,NY10570     		NONE PC CHARITABLE 15,000
    GILDAS CLUB WESTCHESTER
    80 MAPLE AVENUE
    WHITE PLAINS,NY10601     		NONE EXEMPT CHARITABLE 500
    COMMUNITY SYNAGOGUE OF RYE
    200 FOREST AVE
    RYE,NY10580     		NONE PC CHARITABLE 10,000
    JEWISH COMMUNITY CENTER
    334 AMSTERDAM AVE
    NEW YORK,NY10023     		NONE EXEMPT CHARITABLE 2,500
    MEMORIAL SLOAN KETTERING
    1275 YORK AVE
    NEW YORK,NY10065     		NONE PC CHARITABLE 100
    THE RYE ARTS CENTER
    51 MILTON RD
    RYE,NY10580     		NONE PC CHARITABLE 1,000
    SPRYE
    PO BOX 748
    RYE,NY10580     		NONE PC CHARITABLE 2,000
    PROJECT MORRY
    900 DOBBS FERRY ROAD
    WHITE PLAINS,NY10607     		NONE EXEMPT CHARITABLE 7,500
    HARLEM ACADEMY
    1330 FIFTH AVENUE
    NEW YORK,NY10026     		NONE PC CHARITABLE 12,500
    RYE HISTORICAL SOCIETY
    1 PURCHASE ST
    RYE,NY10580     		NONE PC CHARITABLE 250
    ARBOR BROTHERS INC
    299 E 11ST SUITE 4B
    NEW YORK,NY10003     		NONE EXEMPT CHARITABLE 75,000
    UNIVERSITY OF PENN
    215 SOUTH 39TH STREET
    PHILADELPHIA,PA19104     		NONE PC CHARITABLE 20,000
    FIRST DESCENTS
    767 SANTA FR DR
    DENVER,CO80204     		NONE EXEMPT CHARITABLE 30,102
    SAINT IGNATIUS SCHOOL
    740 MANIDA STREET
    BRONX,NY10474     		NONE EXEMPT CHARITABLE 515
    CANCER SUPPORT TEAM
    2900 WESTCHESTER AVE
    PURCHASE,NY10577     		NONE PC CHARITABLE 500
    PEACE PLAYERS INT'L
    1200 NEW HAMPSHIRE AVE NW
    WASHINGTON,DC20036     		NONE PC CHARITABLE 2,500
    PROJECT MORRY
    350 EXECUTIVE BLVD
    ELMSFORD,NY10523     		NONE PC CHARITABLE 5,000
    MT KISCO CHILD CARE CENTER
    95 RADIO CIRCLE
    MT KISCO,NY10549     		NONE PC CHARITABLE 1,000
    MY SISTER'S PLACE
    ONE WATER ST
    WHITE PLAINS,NY10601     		NONE PC CHARITABLE 1,000
    TRIFORM
    20 TRIFORM RD
    HUDSON,NY12534     		NONE PC CHARITABLE 2,000
    RYE YOUTH COUNCIL
    21 LOCUST AVE
    RYE,NY10580     		NONE PC CHARITABLE 1,000
    GLOBAL FOCUS ON CANCER
    200 WILLIAM ST
    RYE BROOK,NY10573     		NONE PC CHARITABLE 2,000
    WHIN COMMUNITY CHARTER SCHOOL
    401 WEST 164TH ST
    NEW YORK,NY10032     		NONE PC CHARITABLE 15,000
    WAYNE UNIVERSITY LAW SCHOOL
    471 W PALMER AVE
    DETROIT,MI48202     		NONE EXEMPT CHARITABLE 500
    STEER FOR STUDENT ATHLETES
    6 INDIAN HILL ROAD
    RYE,NY10580     		NONE EXEMPT CHARITABLE 15,000
    MAC ANGELS FOUNDATION
    2005 PALMER AVE 291
    LARCHMONT,NY10538     		NONE PC CHARITABLE 500
    MYOTONIC DYSTROPHY FOUNDATION
    1004A OREILLY AVENUE
    SAN FRANCISCO,CA94129     		NONE PC CHARITABLE 1,000
    DUKE UNIVERSITY
    DUKE UNIVERSITY BOX 90581
    DURHAM,NC27708     		N/A PC CHARITABLE 10,000
    SOUL RYEDERS
    1091 BOSTON POST ROAD
    RYE,NY10580     		N/A PC CHARITABLE 50,750
    LAURENCE POLATSCH MEMORIAL FUND
    4 EDGEWOOD DRIVE SUITE 100
    RYE BROOK,NY10573     		N/A PC CHARITABLE 100
    SAN ANTONIO HOSPITAL FOUNDATION
    999 SAN BERNARDINO ROAD
    UPLAND,CA91786     		N/A PC CHARITABLE 100
    MONTEFIORE MEDICAL CENTER
    111 EAST 210TH STREET
    BRONX,NY10467     		N/A PC CHARITABLE 5,000
    FRIENDS OF RYE TOWN PARK
    PO BOX 345
    RYE,NY10580     		NONE PC CHARITABLE 250
    ONE LOVE FOUNDATION
    PO BOX 368
    BRONXVILLE,NY10708     		N/A PC CHARITABLE 2,500
    TAMID GROUP
    1100 WAYNE AVE
    SILVER SPRING,MD20910     		NONE PC CHARITABLE 5,000
    RECONSIDER
    39 RAY CLIFF DRIVE
    ACCORD,NY12404     		N/A PC CHARITABLE 1,015,000
    IMPACT 100 WESTCHESTER
    PO BOX 634
    HARTSDALE,NY10530     		N/A PC CHARITABLE 1,100
    NEW YORK PRESBYTERIAN FUND
    850 3RD AVE
    NY,NY10022     		N/A PC CHARITABLE 3,300
    FEEDING WESTCHESTER
    200 CLEARBROOK RD
    ELMSFORD,NY10523     		N/A PC CHARITABLE 40,000
    HUDSON LINK FOR HIGHER EDUCATION
    PO BOX 862
    OSSINING,NY10562     		N/A PC CHARITABLE 5,000
    NY TIMES NEEDIEST CASES FUND
    620 8TH AVE
    NY,NY10018     		N/A PC CHARITABLE 5,000
    FRIENDS OF ISRAEL DEFENSE FORCE
    PO BOX 4224
    NY,NY10163     		N/A PC CHARITABLE 5,000
    MOVE 4 HER
    230 W MONROE ST
    CHICAGO,IL60606     		NONE PC CHARITABLE 260
    UNITED NEGRO COLLEGE
    1805 7TH STREET NW
    WASHINGTON DC,DC20001     		N/A PC CHARITABLE 100
    CENTER FOR DISASTER PHILANTHROPY
    ONE THOMAS CIRCLE NW SUITE 700
    WASHINGTON DC,DC20005     		NONE PC CHARITABLE 1,000
    FOOD FOR OTHERS
    2938 PROSPERITY AVENUE
    FAIRFAX,VA22031     		N/A PC CHARITABLE 1,000
    ACT BLUE CHARITIES
    366 SUMMER ST
    SOMERVILLE,MA02144     		N/A PC CHARITABLE 2,000
    JEWISH FEDERATION OF SOUTH PALM BEA
    9901 DONNA KLEIN BLVD
    BOCA RATON,FL33428     		N/A PC CHARITABLE 2,500
    FIGHTING BLINDNESS
    OAKLAND MILLS RD
    COLUMBIA,MD21045     		N/A PC CHARITABLE 2,500
    LOVELAND FOUNDATION
    320 7TH AVE
    BROOKLYN,NY11215     		N/A PC CHARITABLE 1,000
    SOTF
    4468 WILKERSON PL SE
    SMYRNA,GA30082     		N/A PC CHARITABLE 10,000
    DOROT
    171 W 85TH STREET
    NEW YORK CITY,NY10024     		N/A PC CHARITABLE 1,360
    THREAD CONNECTS
    611 WEST 163RD STREET SUITE 54
    NEW YORK,NY10032     		N/A PC CHARITABLE 500
    PROJECT HAPINESS
    20370 TOWN CENTER LANE
    CUPERTINO,CA95014     		N/A PC CHARITABLE 100
    BIG PICTURE FOUNDATION
    369 ROUND HILL ROAD
    GREENWICH,CT06831     		N/A PC CHARITABLE 512
    ISRAEL LACROSSE CO
    1501 BROADWAY 21ST FLOOR
    NEW YORK,NY10036     		N/A PC CHARITABLE 1,000
    GOOD SPORTS SAN JOSE
    1515 WASHINGTON STREET SUITE 300
    BRAINTREE,MA02184     		N/A PC CHARITABLE 500
    CARITAS OF PORT CHESTER
    19 SMITH STREET
    PORT CHESTER,NY10573     		N/A PC CHARITABLE 10,000
    100 CAMERAS
    601 W 26TH STREET
    NEW YORK,NY10001     		N/A PC CHARITABLE 500
    RYE CITY LIONS CLUB
    8 PARSONAGE PT
    RYE,NY10580     		N/A PC CHARITABLE 250
    HELP HOPE LIVE
    100 MATSONFORD ROAD SUITE 100
    RADNOR,PA19087     		N/A PC CHARITABLE 550
    5 STEPS TO FIVE
    PO BOX 923
    RYE,NY10580     		N/A PC CHARITABLE 500
    JDRF
    200 VESEY STREET 28TH FLOOR
    NEW YORK,NY10281     		N/A PC CHARITABLE 1,000
    HOLOCAUST MEMORIAL
    1933-1945 MERIDIAN AVE
    MIAMI BEACH,FL33139     		N/A PC CHARITABLE 5,000
    MUSIC FOR AUTISM
    955 CLAYTON STREET 1
    SAN FRANCISCO,CA94117     		N/A PC CHARITABLE 250
    OPERATION HAPPY NURSE
    117 QUEEN ST
    ALEXANDRIA,VA22314     		N/A PC CHARITABLE 500
    HAGGADOT
    269 VARICK ST APT 5E
    JERSEY CITY,NJ07302     		N/A PC CHARITABLE 72
    DETROIT JUSTICE CENTER
    1420 WASHINGTON BLVD SUITE 301
    DETROIT,MI48226     		N/A PC CHARITABLE 1,075
    WAINWRIGHT HOUSE
    260 STUYVESANT AVE
    RYE,NY10580     		N/A PC CHARITABLE 100
    COMPASSIONATE CARE FOR ALS
    PO BOX 1052
    WEST FALMOUTH,MA02574     		N/A PC CHARITABLE 500
    GIVENOLA DAY
    919 ST CHARLES AVE
    NEW ORLEANS,LA70130     		N/A PC CHARITABLE 500
    ACCESS TO DOORWAYS
    298 GRAND AVE
    OAKLAND,CA94610     		N/A PC CHARITABLE 500
    SOCIAL GOOD
    PO BOX 5473
    RICHMOND,CA94805     		N/A PC CHARITABLE 1,000
    HOPES DOOR
    PO BOX 262 50 BROADWAY
    HAWTHORNE,NY10532     		N/A PC CHARITABLE 360
    HOPE FOR SISI'S KIDS
    86 CHESHIRE LN
    E AMHERST,NY14051     		N/A PC CHARITABLE 500
    WORLD CENTRAL KITCHEN
    655 NEW YORK AVE NW 6TH FLOOR
    WASHINGTON,DC20001     		N/A PC CHARITABLE 100
    GIVERGY LTD
    601 WEST 26TH STREET SUITE 325-9
    NEW YORK,NY10001     		N/A PC CHARITABLE 2,500
    TEMPLE BETH EL
    220 SOUTH BEDFORD RD
    CHAPPAQUA,NY10514     		N/A PC CHARITABLE 3,600
    BAIL PROJECT
    PO BOX 750
    VENICE,CA90294     		N/A PC CHARITABLE 263
    FOOD BANK OF WESTCHESTER
    200 CLEARBROOK ROAD
    ELMSFORD,NY10523     		N/A PC CHARITABLE 5,000
    Total .................................bullet 3a 1,615,386
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 4,056  
    4 Dividends and interest from securities....     14 86,985  
    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 ............     		        3,147,008
    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)..   91,041 3,147,008
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,238,049
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID: 20011551
    Software Version: 2020v4.0


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

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    THE JOE & SANDY SAMBERG FOUNDATION INC
     
    Employer identification number

    26-0469459
    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 JOE & SANDY SAMBERG FOUNDATION INC
          		Employer identification number
    26-0469459
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    JOSEPH SANDRA SAMBERG
    8 PARSONAGE PT
     
    RYE, NY10580

    		$ 37,390,153


    (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 JOE & SANDY SAMBERG FOUNDATION INC
          		Employer identification number

    26-0469459
    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
    		 425,000 SHARES OF FIELD TRIP HEALTH LTD $1,482,720100,000,000 SH OF 7 DIGITAL GROUP PUBLIC $1,633,45 $ 37,390,153 2021-01-01
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THE JOE & SANDY SAMBERG FOUNDATION INC
          		Employer identification number

    26-0469459
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID: 20011551
    Software Version: 2020v4.0

    TY 2020 AccountingFeesSchedule
    Name:
    THE JOE & SANDY SAMBERG FOUNDATION INC
    EIN:
    26-0469459
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 8,000 2,000 0 0

    TY 2020 OtherExpensesSchedule
    Name:
    THE JOE & SANDY SAMBERG FOUNDATION INC
    EIN:
    26-0469459
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 217      


    TY 2020 SubstantialContributorsSch
    Name:
    THE JOE & SANDY SAMBERG FOUNDATION INC
    EIN:
    26-0469459
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name Address
    JOSEPH SAMBERG 8 PARSONAGE POINT
    RYE,NY10580


    TY 2020 TaxesSchedule
    Name:
    THE JOE & SANDY SAMBERG FOUNDATION INC
    EIN:
    26-0469459
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 171,415      
    NYS TAX 775