Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
ROBERT I SCHATTNER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)11200 ROCKVILLE PIKE NO 203
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ROCKVILLE, MD20852
A Employer identification number

52-1800778
B Telephone number (see instructions)

(301) 816-7926
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$172,602,039J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,308,448 1,308,448  
4 Dividends and interest from securities... 2,815,610 2,815,610  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -762,646
b Gross sales price for all assets on line 6a 2,492,304
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 176,997 -4,613  
12 Total. Add lines 1 through 11........ 3,538,409 4,119,445  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 346,000 17,300   328,700
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 7,625 381   7,244
c Other professional fees (attach schedule).... Click to see attachment 198,718 198,718   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 181,916 47,595   22,800
19 Depreciation (attach schedule) and depletion... Click to see attachment 7,445 0  
20 Occupancy.............. 43,109 2,155   40,954
21 Travel, conferences, and meetings....... 213 11   202
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,935,412 1,919,883   15,529
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,720,438 2,186,043   415,429
25 Contributions, gifts, grants paid....... 4,317,730 4,317,730
26 Total expenses and disbursements. Add lines 24 and 25 7,038,168 2,186,043   4,733,159
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,499,759
b Net investment income (if negative, enter -0-) 1,933,402
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............. 1,612,137 1,741,730 1,741,730
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 52,376 118,008 118,008
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 84,741,368 Click to see attachment75,969,835 87,009,547
c Investments—corporate bonds (attach schedule)....... 1,554,756 Click to see attachment4,468,198 4,644,724
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 69,473,104 Click to see attachment71,643,656 79,072,365
14 Land, buildings, and equipment: basis bullet37,225
Less: accumulated depreciation (attach schedule) bullet21,560 23,110 Click to see attachment15,665 15,665
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 157,456,851 153,957,092 172,602,039
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 157,456,851 153,957,092
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)..... 157,456,851 153,957,092
30 Total liabilities and net assets/fund balances (see instructions). 157,456,851 153,957,092
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
157,456,851
2
Enter amount from Part I, line 27a .....................
2
-3,499,759
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
153,957,092
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
153,957,092
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES - UBS ST      
b EJF FUNDS - ST      
c EJF FUNDS - LT      
d EJF FUNDS - UNRECAPTURED S1250 GAIN      
e CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,488,050   2,397,796 90,254
b       1,796,596
c       -2,653,772
d       22
e 4,254     4,254
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       90,254
b       1,796,596
c       -2,653,772
d       22
e       4,254
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 -762,646
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 26,874
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 26,874
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 26,874
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 109,157
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 72,490
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 181,647
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 154,773
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet154,773 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMD
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.ROBERTISCHATTNERFOUNDATION.ORG
    14
    The books are in care ofbulletROBERT H SIEVERS Telephone no.bullet (301) 816-7926

    Located atbullet11200 ROCKVILLE PIKE NO 203ROCKVILLEMD ZIP+4bullet20852
    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
     
    No
    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
    SIDNEY BRESLER PRESIDENT
    20.00     		177,000 0 0
    11200 ROCKVILLE PIKE STE 203
    ROCKVILLE,MD20852
    ROBERT H SIEVERS TREASURER
    25.00     		127,000 0 0
    11200 ROCKVILLE PIKE STE 203
    ROCKVILLE,MD20852
    ROBERT T SCHATTNER SECRETARY
    10.00     		42,000 0 0
    11200 ROCKVILLE PIKE STE 203
    ROCKVILLE,MD20852
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    BARBARA KRUMSIEK INVESTMENT ADVISORY 75,000
    11200 ROCKVILLE PIKE SUITE 203
    ROCKVILLE,MD20852
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    149,664,013
    b
    Average of monthly cash balances.......................
    1b
    1,152,334
    c
    Fair market value of all other assets (see instructions)................
    1c
    132,076
    d
    Total (add lines 1a, b, and c).........................
    1d
    150,948,423
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    150,948,423
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,264,226
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    148,684,197
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    7,434,210
    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
    7,434,210
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    26,874
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    34,396
    c
    Add lines 2a and 2b............................
    2c
    61,270
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,372,940
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    7,372,940
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    7,372,940
    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
    4,733,159
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    4,733,159
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,733,159
    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 7,372,940
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017...... 1,576,274
    d From 2018...... 3,656,559
    e From 2019...... 794,014
    fTotal of lines 3a through e........ 6,026,847
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 4,733,159
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 4,733,159
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 2,639,781 2,639,781
    (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 3,387,066
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		3,387,066
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018.... 2,593,052
    d Excess from 2019.... 794,014
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    ALICE'S KIDS
    3212 WESSYNTON WAY
    ALEXANDRIA,VA22309     		NONE PC ASSISTANCE TO NEEDY CHILDREN 25,000
    ALPHA OMEGA DENTAL FRATERNITY
    50 WEST EDMONSTON DR
    ROCKVILLE,MD20852     		NONE PC DENTAL ASSISTANCE 54,000
    ALZHEIMER'S ASSOCATION
    225 NMICHIGAN AVE
    CHICAGO,IL60601     		NONE PC CARE AND SUPPORT PROGRAM 50,000
    AMERICAN FRIENDS OF HEBREW UNIVERSITY
    ONE BATTERY PARK PLAZA
    NEW YORK,NY10004     		NONE PC DENTAL PROGRAM 200,000
    AMERICAN KIDNEY FUND
    11921 ROCKVILLE PIKE
    ROCKVILLE,MD20852     		NONE PC GENERAL SUPPORT FOR CHILDREN 50,000
    AN OPEN BOOK
    5901 UTAH AVE
    WASHINGTON,DC20015     		NONE PC READING EVENTS 45,000
    ARLINGTON FOOD ASSISTANCE CENTER
    2708 SOUTH NELSON ST
    ARLINGTON,VA22206     		NONE PC FOOD ASSISTANCE 25,000
    ASSOCIATE ALUMNAE OF DOUGLASS COLLEGE
    181 RYDER LANE
    NEW BRUSWICK,NJ08901     		NONE PC GENERAL SUPPORT 2,500
    BELIEVE IN TOMORROW
    6601 FREDERICK RD
    BALTIMORE,MD21228     		NONE PC GENERAL SUPPORT 10,000
    BURNING MAN PROJECT
    660 ALABAMA ST
    SAN FRANCISCO,CA94110     		NONE PC GENERAL SUPPORT 25,000
    CAPITAL AREA FOOD BANK
    4900 PUERTO RICO AVE NE
    WASHINGTON,DC20017     		NONE PC FOOD ASSISTANCE 105,000
    CENTRAL UNION MISSION
    PO BOX 96763
    WASHINGTON,DC20090     		NONE PC FOOD ASSISTANCE 50,000
    CHILDREN'S HOSPITAL FOUNDATION
    801 ROEDER RD
    SILVER SPRING,MD20910     		NONE PC GENERAL SUPPORT 25,000
    DANA-FARBER CANCER INSTITUTE
    10 BROOKLINE PLACE WEST
    BROOKLINE,MA02445     		NONE PC GENERAL SUPPORT 25,000
    DARTMOUTH COLLEGE
    6066 DEVELOPMENT OFFICE
    HANOVER,NH03755     		NONE PC PARENTS & GRANDPARENTS FUND 5,000
    DC HEBREW LANGUAGE CHARTER SCHOOL
    6015-17 CHILLUM RD NE
    WASHINGTON,DC20011     		NONE PC JEWISH EDUCATION 5,000
    DC PUBLIC LIBRARY FOUNDATION
    PO BOX 66012
    WASHINGTON,DC20035     		NONE PC BOOKS PROGRAM 25,000
    DOCTORS WITHOUT BORDERS
    40 RECTOR ST
    NEW YORK,NY10006     		NONE PC MEDICAL ASSISTANCE 10,000
    EPISCOPAL SCHOOL IN NEW YORK
    35 E 69TH STRET
    NEW YORK,NY10021     		NONE PC GENERAL SUPPORT - EDUCATION 5,000
    EVERY MINE
    1000 TWINBROOK PARKWAY
    ROCKVILLE,MD20851     		NONE PC SERVING TOGETHER PROGRAM 50,000
    FIDELITY CHARTABLE TRUST
    PO BOX 770001
    CINCINNATI,OH45277     		NONE PC GENERAL SUPPORT 100,000
    FLINT HILL SCHOOL
    3320 JERMANTOWN ROAD
    OAKTON,VA22124     		NONE PC ANNUAL FUND 2,500
    FOOD FOR OTHERS
    2938 PROSPERITY AVE
    FAIRFAX,VA22031     		NONE PC FOOD ASSISTANCE 50,000
    FRIENDS OF UNITED HATZALAH
    208 E 51ST STREET
    NEW YORK,NY10022     		NONE PC GENERAL SUPPORT 25,000
    GIRL SCOUT COUNCIL OF NATIONS CAPITAL
    4301 CONNECTICUT AVENUE NW
    WASHINGTON,DC20008     		NONE PC SUPPORT ONLINE EDUCATION 50,000
    GREATER WASHINGTON COMMUNITY FOUNDATION
    8720 GEORGIA AVENUE
    SILVER SPRING,MD20910     		NONE PC DIRE NEED AND FOOD SECURITY FUNDS 100,000
    HOLTON-ARMS SCHOOL
    7303 RIVER ROAD
    BETHESDA,MD20817     		NONE PC EDUCATION 2,500
    HOMEWARD TRAILS ANIMAL RESCUE
    PO BOX 100968
    ARLINGTON,VA22210     		NONE PC ANNUAL FUND 1,000
    HOMES FOR OUR TROOPS
    6 MAIN STREET
    TAUNTON,MA02780     		NONE PC VETERAN HOUSING 25,000
    HOMELESS CHILDREN'S PLAYTIME PROJECT
    1525 NEWTON STREET NW
    WASHINGTON,DC20010     		NONE PC GENERAL SUPPORT 25,000
    HOPE FOR HENRY FOUNDATION
    2440 WISCONSIN AVENUE NW
    WASHINGTON,DC20007     		NONE PC SERVICE TO ILL CHILDREN 50,000
    HOUSE OF RUTH
    5 THOMAS CIRCLE NW
    WASHINGTON,DC20005     		NONE PC SERVICE TO CHILDERN 5,000
    HUNTER COLLEGE
    695 PAR AVE
    NEW YORK,NY10065     		NONE PC ANNUAL FUND 5,000
    INTEGRATED LIVING OPPORTUNITIES
    5603 POTOMAC AVE
    WASHINGTON,DC20016     		NONE PC HELP TO INDIVIDUALS WITH SPECIAL NEEDS 25,000
    JEWISH FOUNDATION FOR GROUP HOMES
    1500 EAST JEFFERSON STREET
    ROCKVILLE,MD20852     		NONE PC JEWISH HOUSING 425,000
    JEWISH SOCIAL SERVICES AGENCY
    200 WOOD HILL ROAD
    ROCKVILLE,MD20852     		NONE PC MOST AND NURSING PROGRAM 100,000
    KENNEDY KRIEGER INSTITUTE
    707 NORTH BROADWAY
    BALTIMORE,MD21205     		NONE PC EXPANSION OF SERVICES 615,000
    LEADERSHIP WASHINGTON INC
    1602 L STREET NW
    WASHINGTON,DC20036     		NONE PC ANNUAL FUND 4,000
    LEVINE MUSIC
    2801 UPTON STREET NW
    WASHINGTON,DC20008     		NONE PC TECHNOLOGICAL UPGRADE 20,000
    MAKE-A-WISH - MID ATLANTIC
    6555 ROCK SPRING DRIVE
    BETHESDA,MD20817     		NONE PC SUPPORT GIFT WISHES 50,000
    MANNA FOOD CENTER
    12301 OLD COLUMBIA PIKE
    SILVER SPRING,MD20904     		NONE PC FOOD ASSISTANCE 25,000
    MARTHA'S TABLE
    2375 ELVANS RD SE
    WASHINGTON,DC20020     		NONE PC FOOD ASSISTANCE 50,000
    MCCP FOUNDATION
    6699 SPRINGFIELD CENTER DRIVE
    SPRINGFIELD,VA22150     		NONE PC FOOD FOR OTHERS ASSISTANCE 45,000
    MIRIAM'S KITCHEN
    2401 VIRGINIA AVE NW
    WASHINGTON,DC20037     		NONE PC FOOD ASSISTANCE 40,000
    MONTGOMERY COALITION FOR HOMELESS
    405 EAST GUDE DRIVE
    ROCKVILLE,MD20850     		NONE PC COVID-19 FUND 35,000
    NAACP LEGAL DEFENSE FUND
    40 RECTOR STREET
    NEW YORK,NY10006     		NONE PC ANNUAL FUND 1,000
    NAROPA UNIVERSITY
    2130 ARAPAHOE AVENUE
    BOULDER,CO80302     		NONE PC COUNSELING PROGRAM 25,000
    NATIONAL BRIAN TUMOR SOCIETY
    55 CHAPEL STREET
    NEWTON,MA02458     		NONE PC DEFEAT BRAIN TUMORS PROGRAM 50,000
    NATIONAL CENTER FOR HEBREW LANGUAGE
    729 7TH AVENUE
    NEW YORK,NY10019     		NONE PC JEWISH EDUCATION 5,000
    NATIONAL NIEMANN-PICK DISEASE FOUNDATION
    PO BOX 49
    FORT ATKINSON,WI53538     		NONE PC GENERAL SUPPORT 1,000
    NEW YORK UNIVERSITY
    ONE PARK AVENUE
    NEW YORK,NY10016     		NONE PC EDUCATION FUND 450,000
    NEW YORK UNIVERSITY COURANT INSTITUTE
    PO BOX 6706
    HAGERSTOWN,MD21741     		NONE PC ANNUAL FUND 1,000
    NORWOOD SCHOOL
    8821 RIVER ROAD
    BETHESDA,MD20817     		NONE PC SUPPORT TESTING AND TUYORING 15,000
    NYU LANGONE HEALTH
    ONE PARK AVENUE
    NEW YORK,NY10016     		NONE PC SCHOLARSHIP FUND 185,000
    OCEAN CITY VOLUNTEER FIRE DEPARTMENT
    1409 PHILADELPHIA AVE
    OCEAN CITY,MD21842     		NONE PC GENERAL SUPPORT 10,000
    PENFED FOUNDATION
    2930 EISENHOWER AVENUE
    ALEXANDRIA,VA22314     		NONE PC COVD-19 RELIEF FUND 25,000
    SAVE THE CHILDREN
    501 KINGS HIGHWAY EAST
    FAIRFIELD,CT06825     		NONE PC GENERAL SUPPORT 174,730
    SHAMBHALA-NALANDA FOUNDATION
    1345 SPRUCE STREET
    BOULDER,CO80302     		NONE PC GENERAL SUPPORT 2,500
    SIXTH & I
    600 I STREET
    WASHINGTON,DC20001     		NONE PC GENERAL SUPPORT 1,000
    SOCIETY FOR SCIENCE & THE PUBLIC
    1719 N STREET NW
    WASHINGTON,DC20036     		NONE PC SCIENCE EDUCATION 25,000
    TEACHERS COLLEGE COLUMBIA UNIVERSITY
    525 W 120TH STREET
    NEW YORK,NY10027     		NONE PC ANNUAL FUND 2,500
    TEACH FOR AMERICA
    PO BOX 398524
    SAN FRANCISCO,CA94139     		NONE PC ANNUAL FUND 5,000
    THE CHILDREN'S INN AT NIH
    7 WEST DRIVE
    BETHESDA,MD20814     		NONE PC FAMILY SUPPORT FUND 50,000
    VANDERBILT UNIVERSITY
    2301 VANDERBILT PL
    NASHVILLE,TN37240     		NONE PC STUDENT HARDSHIP FUND 2,500
    VOICES FOR CHILDERN
    1010 GRANDIN AVE
    ROCKVILLE,MD20851     		NONE PC OPERATING FUND 15,000
    WASHINGTON HOUSING CONSERVANCY
    1310 L STREET NW
    WASHINGTON,DC20005     		NONE PC AFFORDABLE HOUSING 500,000
    WORLD CENTRAL KITCHEN
    1342 FLORIDA AVE NW
    WASHINGTON,DC20009     		NONE PC FOOD ASSISTANCE 75,000
    WORCESTER COUNTY GOLD INC
    299 COMMERCE STREET
    SNOW HILL,MD21863     		NONE PC FINANCIAL ASSISTANCE 10,000
    WREATHS ACROSS AMERICA
    PO BOX 249
    COLUMBIA FALLS,ME04623     		NONE PC WREATHS FOR VETERANS 20,000
    Total .................................bullet 3a 4,317,730
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 1,308,448  
    4 Dividends and interest from securities....     14 2,815,610  
    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..... 523000 0 14 176,997  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -762,646  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aUBI FROM K-1S     		523000 181,610      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 181,610 3,538,409 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,720,019
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    ROBERT I SCHATTNER FOUNDATION
    EIN:
    52-1800778
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 7,625 381   7,244

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

    TY 2020 DepreciationSchedule
    Name:
    ROBERT I SCHATTNER FOUNDATION
    EIN:
    52-1800778
    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
    DENTAL CABINET 2017-05-11 1,053 554 SL 5.000000000000 211 0    
    OFFICE FURNITURE 2017-10-09 17,636 7,495 SL 5.000000000000 3,527 0    
    PAINTING 2018-03-22 1,400 525 SL 5.000000000000 280 0    
    OFFICE FURNITURE (SOFA) 2018-03-19 1,148 431 SL 5.000000000000 230 0    
    DISPLAY CASE 2018-02-23 1,517 568 SL 5.000000000000 303 0    
    OFFICE FURNITURE 2018-05-29 2,201 715 SL 5.000000000000 440 0    
    PAINTING 2018-06-28 9,050 2,941 SL 5.000000000000 1,810 0    
    LEASEHOLD IMPROVEMENTS 2018-07-20 3,220 886 SL 5.000000000000 644 0    

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    ROBERT I SCHATTNER FOUNDATION
    EIN:
    52-1800778
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ACCRUED INTEREST 0 19,334
    AIRCASTLE LTD NTS B/E 30,290 32,849
    AMERICAN TOWER CORP B/E 44,876 47,961
    AT&T INC B/E 46,818 49,213
    BANK MONTREAL QUE PFD CL 34,806 36,272
    BANK OF AMER CORP NTS 43,178 47,069
    BEMIS CO INC NTS B/E 25,000 27,074
    BIOGEN INC B/E 24,020 25,070
    BK OF AMER CORP B/E 4,075 4,518
    BOARDWALK PIPELINES LLC 28,967 30,259
    BOARDWALK PIPELINES LP 18,322 26,020
    CARMAX AUTO OWNER TRUST 29,999 30,839
    CHARLES SCHWAB CORP B/E 40,000 42,100
    CITIGROUP INC B/E 37,536 40,747
    CROWN CASTLE INTL CORP 17,852 20,147
    CUBESMART L P B/E 30,763 33,899
    CVS HEALTH CORP 16,253 19,005
    CYRUSONE LP B/E 29,446 31,196
    D.R. HORTON INC NTS B/E 39,885 40,125
    DELTA AIR LINES 2020-AA 38,246 38,721
    ENABLE MIDSTREAM PARTNER 8,103 8,180
    FHLMC PL C91993 3,103 3,180
    FHLMC PL QA3869 20,492 20,976
    FHLMC PL RA3606 456,415 458,385
    FHLMC PL RE6066 63,122 63,415
    FHLMC PL ZN1448 14,824 15,259
    FIDELITY NATL FINANCIAL 18,954 20,865
    FNMA PL AS6709 7,357 7,628
    FNMA PL AS8157 6,320 6,607
    FNMA PL BJ9169 14,737 15,164
    FNMA PL BN7664 81,675 83,659
    FNMA PL BO1766 38,161 39,290
    FNMA PL BO7242 136,310 140,514
    FNMA PL BO7504 154,310 161,498
    FNMA PL BO8662 11,138 11,346
    FNMA PL BP5878 34,386 35,134
    FNMA PL FM1090 26,812 27,426
    FNMA PL FM1567 50,278 51,966
    FNMA PL FM3463 154,380 155,055
    FNMA PL MA3073 3,669 3,811
    GENERAL MOTORS CO B/E 38,319 37,909
    GENL MOTORS FINL CO INC 8,101 8,246
    GENL MOTORS FINL CO INC 14,009 14,047
    GOLDMAN SACHS GROUP INC 34,011 37,037
    HANOVER INSURANCE GROUP 24,131 25,050
    HARTFORD HEALTHCARE CORP 17,115 17,935
    HEXCEL CORP NEW NTS B/E 13,518 14,051
    HOLLYFRONTIER CORP B/E 18,967 20,071
    HP ENTERPRISE CO NTS B/E 31,963 32,881
    JETBLUE AIRWAYS CORP 30,733 32,734
    JUNIPER NETWORKS NTS B/E 35,932 35,515
    KINROSS GOLD CORP NTS 27,038 28,445
    LIFESTORAGE LP B/E 24,944 28,066
    LOWE'S COS INC B/E 34,966 37,437
    MAGELLAN MIDSTREAM 34,051 34,937
    MAGNA INTL INC B/E 24,747 25,817
    MCDONALD'S CORP B/E 17,794 23,141
    MORGAN STANLEY BAML TRUST 20,562 20,620
    MOTOROLA SOLUTIONS INC 34,596 40,751
    NORTHWELL HEALTHCARE INC 2,058 2,293
    NUSTAR LOGISTICS L P B/E 5,015 5,013
    NVR INC B/E 15,970 17,511
    OSHKOSH CORP B/E 19,925 21,813
    PACIFIC GAS & ELEC NTS 16,999 17,048
    PHYSICIANS REALTY LP B/E 46,328 48,972
    PRUDENTIAL PLC B/E 15,626 15,872
    QUANTA SERVICES INC B/E 19,933 21,443
    REXFORD INDL REALTY INC 46,629 47,062
    SAFEWAY INC DEBS 11,082 11,725
    SANTANDER HOLDINGS USA 4,059 4,130
    SOUTHERN CALIF EDISON CO 21,193 23,835
    SPIRIT AIR 2017-1 PTT AA 3,532 3,350
    SSM HEALTH CARE B/E 37,688 40,946
    STANFORD HEALTH CARE B/E 31,773 33,027
    SVB FINANCIAL GROUP NTS 31,975 36,030
    SYNOVUS FINANCIAL CORP 28,139 29,073
    U S TREASURY NOTE RATE 0.6250% MATURES 05/15/30 27,873 27,374
    U S TREASURY NOTE RATE 1.1250% MATURES 06/30/21 272,423 275,370
    U S TREASURY NOTE RATE 1.3750% MATURES 06/30/23 25,753 25,766
    U S TREASURY NOTE RATE 1.6250% MATURES 05/15/26 9,578 9,583
    U S TREASURY NOTE RATE 1.6250% MATURES 08/15/29 538,000 571,257
    U S TREASURY NOTE RATE 1.6250% MATURES 10/31/26 404,952 405,262
    UNITED AIR 2014-2 A PTT 12,064 11,670
    UNITED STATES T RATE 1.2500% MATURES 05/15/50 295,727 292,115
    VALERO ENERGY CORP NTS 19,000 19,175
    VERIZON COMMUNICATIONS 7,975 8,971
    VERIZON OWNER TRUST 30,375 30,582
    VULCAN MATERIALS CO NEW 11,967 13,783
    WABTEC NTS B/E 19,610 20,793
    WELLS FARGO & CO NTS B/E 45,697 47,380
    XYLEM INC NTS B/E 18,905 20,034

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ROBERT I SCHATTNER FOUNDATION
    EIN:
    52-1800778
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 142,513 155,257
    ACCENTURE PLC IRELAND CL A 112,151 132,956
    ADIDAS AG SPON ADR 43,432 52,701
    ADOBE INC. (DELAWARE) 191,373 204,549
    ADOBE INC. (DELAWARE) 115,316 123,530
    ADYEN N V ADR 99,293 131,080
    AIA GROUP LTD SPON ADR 88,846 107,546
    AIR LIQUIDE ADR FRANCE ADR 28,381 30,456
    ALCON INC CHF 35,431 39,984
    ALCON INC CHF 60,145 68,025
    ALFA LAVAL AB SWEDEN ADR 27,138 33,358
    ALIBABA GROUP HLDG LTD SPON 41,333 36,539
    ALIGN TECHNOLOGY INC 50,310 89,776
    ALLEGION PLC 63,387 72,272
    ALLIANZ SE ADR 62,749 75,971
    ALPHABET INC CL A 53,575 63,095
    ALPHABET INC CL C 171,081 201,466
    AMBEV SA SPON ADR 28,814 35,028
    AMERIPRISE FINANCIAL INC 62,388 77,732
    AMGEN INC 86,540 78,173
    ANSYS INC 99,546 116,052
    ATLAS COPCO AB NEW REPSTG COM 86,494 96,030
    AUTODESK INC 104,681 134,655
    BANCO BILBAO VIZCAYA ARGENTARIA S.A. SPON ADR 31,695 48,333
    CABOT OIL & GAS CORP 63,209 57,957
    CAPITAL ONE FINCL CORP 59,017 75,423
    CDN NATL RAILWAY CO CAD 27,333 30,648
    CHECK POINT SOFTWARE TECH LTD 61,687 70,974
    CHUBB LTD CHF 44,620 55,873
    CHUGAI PHARMACEUTICAL LTD ADR 61,447 66,527
    CINN FINANCIAL CORP 47,849 55,130
    COCA COLA CO COM 64,581 75,295
    COMMERCE BANCSHARES 37,762 45,070
    CORTEVA INC 61,615 83,442
    CULLEN FROST BANKERS INC 25,112 31,839
    DANAHER CORP 107,406 119,067
    DASSAULT SYSTEMS S A SPON ADR 87,125 96,132
    DBS GROUP HLDGS LTD. SPON ADR 64,789 79,244
    DIAGEO PLC NEW GB SPON ADR 38,799 44,149
    DOLLAR GEN CORP NEW 83,195 87,905
    EAST WEST BANCORP INC 32,715 47,211
    ELANCO ANIMAL HEALTH INC 44,084 56,126
    EPIROC AKTIEBOLAG ADR 33,249 44,068
    EQUITY LIFESTYLE PROPERTIES 33,920 33,517
    FACEBOOK INC CL A 217,956 237,376
    FANUC CORP ADR 22,860 30,072
    FOMENTO ECONOMICO MEXICANO 35,173 44,932
    FUCHS PETROLUB AG UNSPONSORED 13,823 16,692
    GARTNER INC 54,998 71,124
    GENL DYNAMICS CORP 49,883 51,045
    HARTFORD MULTIFACTOR DEVELOPED 6,112,479 7,120,843
    HDFC BANK LTD ADR REPSTG 3 ORD 24,403 34,829
    ICICI BANK LTD SPON ADR 28,981 42,723
    ILLUMINA INC 54,481 64,750
    INFINEON TECHNOLOGIES ADR 99,951 139,859
    INTUITIVE SURGICAL INC NEW 53,904 61,358
    INVESCO FTSE RAFI US 1500 1,790,662 2,116,632
    INVESCO S&P SMALLCAP LOW 1,793,704 1,628,989
    ISHARES CORE MSCI EAFE ETF 6,795,306 8,338,679
    ISHARES CORE MSCI EMERGING 1,657,643 2,072,074
    ISHARES CORE TOTAL USD BOND 5,341,863 5,515,418
    ISHARES MSCI ACWI ETF 3,563,841 4,164,139
    ISHARES MSCI EMERGING MARKETS 1,512,964 1,776,295
    ISHARES MSCI USA MIN VOL 6,199,363 6,721,885
    ISHARES MSCI USA MOMENTUM 4,688,852 6,196,762
    ISHARES MSCI USA QUALITY 5,687,282 7,014,900
    ISHARES MSCI USA VALUE FACTOR 5,708,355 5,802,199
    ITAU UNIBANCO HLDG SA ADR 37,008 48,854
    JOHNSON CTLS INTL PLC 55,251 67,323
    JPMORGAN CHASE & CO 58,287 76,623
    KOMATSU LTD SPON ADR NEW 33,558 42,852
    KUBOTA CORP ADR JAPAN ADR 38,674 52,301
    LENNAR CORP CL A 67,792 72,723
    LINDE PLC EUR 39,917 46,114
    LONZA GROUP AG ADR 72,791 79,459
    LORD ABBETT ULTRA SHORT 1,814,416 1,821,169
    LOREAL CO ADR FRANCE ADR 79,295 91,380
    LUKOIL PJSC SPON ADR 29,774 30,215
    MARTIN MARIETTA MATERIALS INC 54,842 67,301
    MASTERCARD INC CL A 127,096 140,991
    MEDTRONIC PLC 66,614 79,772
    MICHELIN COMPAGNIE GENERALE 68,388 68,672
    MICROCHIP TECHNOLOGY INC 76,456 98,611
    MICROSOFT CORP 114,263 121,219
    MICROSOFT CORP 216,763 229,760
    MITSUBISHI UFJ FINANCIAL GROUP 29,388 32,144
    MSCI INC 45,973 58,495
    NESTLE S A SPONSORED ADR 67,216 68,206
    NIKE INC CL B 55,020 68,613
    NITORI HLDGS CO LTD ADR 32,268 31,982
    NOVARTIS AG SPON ADR 56,936 60,907
    NOVOZYMES A/S ADR 27,386 25,510
    PARKER HANNIFIN CORP 63,436 86,899
    PAYPAL HOLDINGS INC 58,782 74,476
    PAYPAL HOLDINGS INC 100,693 126,234
    PHILLIPS 66 46,014 53,994
    PING AN INSURANCE (GROUP) CO OF CHINA LTD REPSTG 40,183 45,374
    PIONEER NAT RES CO 28,397 34,850
    PNC FINANCIAL SERVICES GROUP 51,196 70,626
    PROCTER & GAMBLE CO 66,315 67,900
    PUTNAM ULTRA SHORT 1,944,180 1,952,577
    QUALCOMM INC 66,040 95,213
    REGENERON PHARMACEUTICLS INC 88,122 69,085
    RIO TINTO PLC SPON ADR 50,241 64,163
    ROCHE HLDG LTD SPONS ADR SWITZ 84,482 84,699
    ROYAL DUTCH SHELL PLC ADS 27,594 33,173
    RPM INTL INC (DELA) 61,556 69,901
    SALESFORCE.COM INC 113,878 113,490
    SAP SE SPON ADR 116,839 100,531
    SCHNEIDER ELEC SE UNSPONSORED 61,033 74,315
    SEMPER SHORT DURATION 7,715,810 7,462,728
    SERVICENOW INC 108,387 130,452
    SGS SA ADR UNSPONSORED 24,500 28,295
    SHIONOGI & CO LTD ADR 24,973 24,249
    SONOVA HLDG AG ADR 38,370 42,497
    SONY CORP ADR NEW JAPAN ADR 78,902 109,694
    STARBUCKS CORP 77,884 102,166
    SUN COMMUNITIES INC 32,400 34,341
    SYMRISE AG ADR 48,446 49,764
    SYSMEX CORP UNSPONSORED ADR 38,546 54,676
    TAIWAN SEMICONDUCTOR MFG CO 92,001 139,244
    TENCENT HLDGS LTD ADR 70,293 74,406
    TWITTER INC 45,617 65,630
    TYSON FOODS INC CL A 48,915 53,227
    UNICHARM CORP SPON ADR 63,837 68,616
    UNILEVER PLC AMER SHS NEW SPON 47,622 48,892
    UNITEDHEALTH GROUP INC 79,504 87,670
    VANGUARD RUSSELL 3000 ETF 6,070,619 8,507,464
    VISA INC CL A 130,327 143,049
    WALGREENS BOOTS ALLIANCE INC 29,416 29,631
    XYLEM INC 52,969 71,864
    YANDEX N V CL A EUR 22,166 27,484
    ZOETIS INC 119,125 131,076

    TY 2020 InvestmentsOtherSchedule2
    Name:
    ROBERT I SCHATTNER FOUNDATION
    EIN:
    52-1800778
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ARMADILLO FINCIAL FUND AT COST 1,050,063 305,203
    BLACKROCK PRIVATE OPPOR FUND IV (CAYMAN) LP AT COST 1,180,119 513,656
    BRIDGE WORKFORCE AND AFFORDABL HOU FUND-R2 LP AT COST 0 1,012,905
    CAMBER CREEK AT COST 195,881 224,292
    COLLER CAPITAL AT COST 329,238 329,238
    EJF DEBT OPPORTUNITIES FUND AT COST 22,919,982 22,497,037
    EJF FINANCIAL EQUITIES AT COST 1,464,650 1,464,650
    EJF FINANCIAL SERVICES FUND AT COST 30,946,768 38,600,961
    EJF SIDECAR SERIES D AT COST 48,646 48,390
    EJF SIDECAR SERIES E AT COST 10,329,483 11,022,534
    EJF SPECIALTY OPPORTUNITIES FUND AT COST 1,178,826 1,053,499
    EJF TRUST PREFERED AT COST 2,000,000 2,000,000

    TY 2020 LandEtcSchedule2
    Name:
    ROBERT I SCHATTNER FOUNDATION
    EIN:
    52-1800778
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    DENTAL CABINET 1,053 765 288 288
    OFFICE FURNITURE 17,636 11,022 6,614 6,614
    PAINTING 1,400 805 595 595
    OFFICE FURNITURE (SOFA) 1,148 661 487 487
    DISPLAY CASE 1,517 871 646 646
    OFFICE FURNITURE 2,201 1,155 1,046 1,046
    PAINTING 9,050 4,751 4,299 4,299
    LEASEHOLD IMPROVEMENTS 3,220 1,530 1,690 1,690


    TY 2020 OtherExpensesSchedule
    Name:
    ROBERT I SCHATTNER FOUNDATION
    EIN:
    52-1800778
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 90 0   90
    COMPUTER EXPENSE 938 0   938
    CONSULTING 75,000 71,230   3,770
    INSURANCE 2,989 0   2,989
    INVESTMENT EXPENSES 1,848,298 1,848,298   0
    MEMBERSHIPS 1,000 0   1,000
    OFFICE EXPENSE 470 24   446
    PAYROLL SERVICE 2,737 137   2,600
    SUPPLIES 799 40   759
    TELEPHONE 3,091 154   2,937


    TY 2020 OtherIncomeSchedule2
    Name:
    ROBERT I SCHATTNER FOUNDATION
    EIN:
    52-1800778
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    EJF SPECIALTY FINANCIAL OPP 4,074 4,074 4,074
    EJF DEBT OPP FD 165,063 165,063 165,063
    EJF FINANCIAL SERVICES 7,654 7,654 7,654
    GM ESCROW - UBS 1099 206 206 206
    LESS: UBI FROM PASSTHROUGHS -181,610 -181,610 -181,610
    BOOK/TAX DIFFERENCE 0 0 0
    UBI FROM K-1S 181,610   181,610


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    ROBERT I SCHATTNER FOUNDATION
    EIN:
    52-1800778
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 198,718 198,718   0


    TY 2020 TaxesSchedule
    Name:
    ROBERT I SCHATTNER FOUNDATION
    EIN:
    52-1800778
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 111,521 0   0
    FOREIGN TAXES PAID 46,427 46,427   0
    PAYROLL TAXES 23,369 1,168   22,201
    PERSONAL PROPERTY TAX 599 0   599