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
STELLA AND CHARLES GUTTMAN FOUNDATION INC
 
% SUZANNE SOUSA C/O FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)122 EAST 42ND STREET Suite 2010
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY101682101
A Employer identification number

13-6103039
B Telephone number (see instructions)

(212) 371-7082
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$16,064,831J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 392 392  
4 Dividends and interest from securities... 262,534 262,534  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,307,773
b Gross sales price for all assets on line 6a 4,214,894
7 Capital gain net income (from Part IV, line 2)... 1,296,621
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 -33,074 -32,655  
12 Total. Add lines 1 through 11........ 1,537,625 1,526,892  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 185,000 18,500   166,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 32,425 3,242   29,182
16a Legal fees (attach schedule)......... Click to see attachment 7,400 1,480 0 0
b Accounting fees (attach schedule)....... Click to see attachment 76,159 33,280 0 46,243
c Other professional fees (attach schedule).... Click to see attachment 123,593 116,693   6,900
17 Interest............... 10,105 10,105    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 28,048 7,789    
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,860 186  
20 Occupancy.............. 117,309 11,731   105,958
21 Travel, conferences, and meetings....... 57     57
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 52,949 3,229   48,856
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 634,905 206,235 0 403,696
25 Contributions, gifts, grants paid....... 1,925,000 1,925,000
26 Total expenses and disbursements. Add lines 24 and 25 2,559,905 206,235 0 2,328,696
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,022,280
b Net investment income (if negative, enter -0-) 1,320,657
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............. 1,324 1,328 1,328
2 Savings and temporary cash investments......... 171,844 646,316 646,316
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.......... 17,065 14,759 14,759
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 687,122 Click to see attachment746,958 746,958
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).......... 15,894,245 Click to see attachment13,755,225 13,755,225
14 Land, buildings, and equipment: basis bullet258,819
Less: accumulated depreciation (attach schedule) bullet251,980 8,699 Click to see attachment6,839 6,839
15 Other assets (describe bullet) Click to see attachment1,978 Click to see attachment893,406 Click to see attachment893,406
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,782,277 16,064,831 16,064,831
Liabilities 17 Accounts payable and accrued expenses.......... 63,037 52,400
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 attachment72,243 Click to see attachment71,746
23 Total liabilities (add lines 17 through 22)......... 135,280 124,146
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........... 16,646,997 15,940,685
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)..... 16,646,997 15,940,685
30 Total liabilities and net assets/fund balances (see instructions). 16,782,277 16,064,831
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
16,646,997
2
Enter amount from Part I, line 27a .....................
2
-1,022,280
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
315,968
4
Add lines 1, 2, and 3 ..........................
4
15,940,685
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
15,940,685
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 P    
b FORESTER OFFSHORE, LTD.      
c VANGUARD TOTAL BOND INDEX      
d VANGUARD INFLATION PROTECTED FUND      
e CHAMPLAIN SMALL CAP FUND, LLC      
COLCHESTER GLOBAL BOND FUND      
ADAGE CAPITAL PARTNERS, L.P.      
OAK HILL ADVISORS DIVERSIFIED CREDIT STRATEGIES FUND      
WGI EMERGING MARKET FUND, LLC      
LONE JUNIPER, L.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 158,033   94,362 63,671
b 746,029   204,995 541,034
c 902,711   850,382 52,329
d 300,000   306,751 -6,751
e 58,376     58,376
250,000   188,910 61,090
500,000   201,301 298,699
62,146   9,872 52,274
40,098     40,098
1,197,501   1,061,700 135,801
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       63,671
b       541,034
c       52,329
d       -6,751
e       58,376
      61,090
      298,699
      52,274
      40,098
      135,801
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 1,296,621
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 18,357
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 18,357
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 18,357
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 19,237
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 39,237
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 20,880
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet20,880 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
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)
    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. ...............................
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.guttmanfoundation.org
    14
    The books are in care ofbulletSUZANNE SOUSA CO FOUNDATION Telephone no.bullet (212) 371-7082

    Located atbullet122 EAST 42ND STREETNEW YORKNY ZIP+4bullet101682101
    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
     
    No
    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
    SUSAN BUTLER PLUM PRESIDENT
    5.0     		0 0 0
    C/O THE FOUNDATION
    122 EAST 42ND STREET
    New York,NY101682101
    PETER HERBERT VICE-PRESIDENT
    2.0     		0 0 0
    C/O THE FOUNDATION
    122 EAST 42ND STREET
    NEW YORK,NY101682101
    ROBERT S GASSMAN TREASURER
    5.0     		0 0 0
    C/O THE FOUNDATION
    122 EAST 42ND STREET
    NEW YORK,NY101682101
    ERNEST RUBENSTEIN Secretary
    5.0     		0 0 0
    C/O THE FOUNDATION
    122 EAST 42ND STREET
    NEW YORK,NY101682101
    PATRICIA L FRANCY ASSISTANT TREASURER
    2.0     		0 0 0
    C/O THE FOUNDATION
    122 EAST 42ND STREET
    NEW YORK,NY101682101
    ELIZABETH LEIMAN KRAIEM ASSISTANT SECRETARY
    2.0     		0 0 0
    C/O THE FOUNDATION
    122 EAST 42ND STREET
    NEW YORK,NY101682101
    EVELYN J BLANCK DIRECTOR
    2.0     		0 0 0
    C/O THE FOUNDATION
    122 EAST 42ND STREET
    NEW YORK,NY101682101
    BENJAMIN HERBERT DIRECTOR
    2.0     		0 0 0
    C/O THE FOUNDATION
    122 EAST 42ND STREET
    NEW YORK,NY101682101
    SISTER PAULETTE LO MONACO DIRECTOR
    2.0     		0 0 0
    C/O THE FOUNDATION
    122 EAST 42ND STREET
    NEW YORK,NY101682101
    SUZANNE SOUSA EXECUTIVE DIRECTOR
    40.0     		185,000 39,875 0
    C/O THE FOUNDATION
    122 EAST 42ND STREET
    NEW YORK,NY101682101
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................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
     
    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 NONE  
    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
    14,688,628
    b
    Average of monthly cash balances.......................
    1b
    1,289,025
    c
    Fair market value of all other assets (see instructions)................
    1c
    197,692
    d
    Total (add lines 1a, b, and c).........................
    1d
    16,175,345
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    16,175,345
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    242,630
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    15,932,715
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    796,636
    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
    796,636
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    18,357
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    18,357
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    778,279
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    778,279
    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
    778,279
    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
    2,328,696
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,328,696
    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
    2,328,696
    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 7 778,279
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:2018, 2017, 2016 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 2,098,818
    b From 2016...... 1,440,963
    c From 2017...... 1,761,472
    d From 2018...... 1,488,183
    e From 2019...... 1,495,392
    fTotal of lines 3a through e........ 8,284,828
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,328,696
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 778,279
    e Remaining amount distributed out of corpus 1,550,417
    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 9,835,245
    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......     		 
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		2,098,818
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		7,736,427
    10 Analysis of line 9:
    a Excess from 2016.... 1,440,963
    b Excess from 2017.... 1,761,472
    c Excess from 2018.... 1,488,183
    d Excess from 2019.... 1,495,392
    e Excess from 2020.... 1,550,417
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    SUZANNE SOUSA - EXECUTIVE DIRECTOR
    122 EAST 42ND STREET
    NEW YORK,NY101682101
    (212) 371-7082
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER OF INQUIRY (1-2 PAGES)
    cAny submission deadlines:
    SEE GUIDELINES AT FOUNDATION'S WEBSITE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    BECAUSE THE GUTTMAN'S SPENT THEIR LIVES IN NEW YORK CITY, AND DIRECTED THE MAJORITY OF THEIR GIVING TO CHARITABLE ORGANIZATIONS TO LOCAL PROJECTS, IT IS THE POLICY OF THE FOUNDATION TO DIRECT ITS GRANTS TO ORGANIZATIONS PROVIDING SERVICES IN NEW YORK CITY.
    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
    92nd Street Y
    1395 Lexington Avenue
    New York,NY10128     		None PC For general support. 2,000
    Ackerman Institute for the Family
    936 Broadway 2nd Floor
    New York,NY10010     		None PC In support of a parenting training initiative at Early Head Start programs in Upper Manhattan and the South Bronx. 75,000
    Advocates for Children of New York
    151 West 30th Street 5th Floor
    New York,NY10001     		None PC For general support. 500
    Agape Food Rescue
    1386 Sutter Avenue
    Brooklyn,NY11208     		None PC For general support. 1,500
    All Our Kin Inc
    414A Chapel Street
    New Haven,CT06511     		None PC In support of the organization's direct service and training model for raising the quality, availability and sustainability of family childcare providers in New York City. 100,000
    Anti-Defamation League
    605 Third Avenue
    New York,NY10158     		None PC For general support. 1,000
    BronxWorks Inc
    60 East Tremont Avenue
    Bronx,NY10453     		None PC In support of the Home Instruction for Parents of Preschool Youngsters (HIPPY) program for families in the Bronx. 75,000
    Brookdale Hospital Medical Center
    One Brookdale Plaza
    Brooklyn,NY11207     		None PC In support of the HealthySteps program, which embeds early childhood development specialists at two pediatric clinics in Brooklyn. 75,000
    Cape Ann Museum
    27 Pleasant Street
    Gloucester,MA01930     		None PC For general support. 5,000
    Center for Court Innovation
    520 Eight Avenue 18th Floor
    New York,NY10018     		None PC In support of the Strong Starts Court Initiative to improve developmental outcomes for court-referred infants and toddlers in the Bronx. 75,000
    Center for Court Innovation
    520 Eight Avenue 18th Floor
    New York,NY10018     		None PC In support of the Strong Starts Court Initiative. 1,000
    Chances for Children
    1178 Anderson Avenue
    Bronx,NY10452     		None PC In support of dyadic and group therapeutic services for families with young children at several sites in the Bronx. 75,000
    Charter Oak Challenge Foundation
    575 Riverside Avenue Suite 202A
    Westport,CT16880     		None PC In honor of Andrew Boas. 1,000
    Children's Aid
    117 West 124th Street
    New York,NY10027     		None PC In support of South Bronx Rising Together, a collective impact initiative to build a well-coordinated and high-quality early care and education continuum for young children and their families in the Morrisania neighbrohood of the South Bronx. 75,000
    Citizens' Committee for Children of New York
    14 Wall Street Suite 4E
    New York,NY10005     		None PC For general support. 500
    Community Help in Park Slope (CHIPS)
    200 4th Avenue
    Brooklyn,NY11217     		None PC For general support. 1,500
    Community Solutions
    PO Box 3524 Church Street Statio
    New York,NY10008     		None PC In support of United for Brownsville, a collective impact initiative to improve language and social-emotional outcomes for children, birth to three years of age, in Brownsville, Brooklyn. 75,000
    Early Childhood Partners NYC co New York Communit
    909 Third Avenue 22nd Floor
    New York,NY10022     		None PC In support of a funders' collaborative focused on expanding and promoting access to quality early care and education in New York City. 50,000
    Footsteps Inc
    114 John Street
    New York,NY10272     		None PC For general support. 4,500
    Friends of Flutes Foundation Inc
    1115 Fifth Avenue
    New York,NY10128     		None PC For general support. 500
    Good Shepherd Mission Development
    7654 Natural Bridge Road
    St Louis,MO63121     		None PC For general support. 7,500
    Hampton Bays Public Library
    52 Ponquogue Avenue
    Hampton bays,NY11946     		None PC For general support. 2,500
    Hampton Bays Volunteer Ambulance Corp
    PO Box 997
    Hampton Bays,NY11946     		None PC For general support. 1,500
    Harvard TH Chan School of Public Health
    90 Smith Street 4th Floor
    Boston,MA02120     		None PC In support of the Harvard AIDS Initiative. 5,000
    Henry Street Settlement
    265 Henry Street
    New York,NY10002     		None PC In support of a full-time family social worker for the organization's early care and education center on Manhattan's Lower East Side. 50,000
    Impact IsraelFriends of Yemin Orde
    4340 East Highway Suite 202
    Bethesda,MD20814     		None PC In honor of Mark and Susan Claster. 1,000
    J Kirby Simon Foreign Service Trust
    93 Edgehill Road
    New Haven,CT06511     		None PC For general support. 5,000
    JA Worldwide
    745 Atlantic Avenue
    Boston,MA02111     		None PC For general support. 5,000
    Kennedy Children's Center
    2212 Third Avenue
    New York,NY10035     		None PC In support of the Grow Your Own Program, which provides structured guidance, coaching and financial assistance for certified teacher assistants to pursue an undergraduate degree in early childhood education in New York City. 100,000
    Manship Artist Residence and Studios
    PO Box 7071
    Gloucester,MA01930     		None PC For general support. 2,500
    MESA Charter High School
    231 Palmetto Street
    Brooklyn,NY11221     		None PC In support of the school's COVID-19 Relief Fund. 500
    Middle Collegiate Church
    50 East 7th Street
    New York,NY10003     		None PC For general support. 3,500
    Montefiore Medical Center
    111 East 210th Street
    Bronx,NY10467     		None PC In support of the HealthySteps program, which embeds early childhood development specialists at two pediatric clinics in the Bronx. 125,000
    Mount Sinai Medical Legal Partnership Mount Sinai
    150 East 42nd Street 2nd Floor
    New York,NY10017     		None PC For general support. 2,000
    Mystic Seaport Museum
    75 Greenmanville Avenue
    Mystic,CT06355     		None PC For general support. 1,000
    National Shingles Foundation
    603 West 115th Street Suite 371
    New York,NY10025     		None PC In honor of Louis R. Gary. 10,000
    New Lebanon Library
    550 Route 20
    New Lebanon,NY12125     		None PC To support the Karen Udsan Children's Program 500
    New York Center for Child Development
    215 West 125th Street 3rd Floor
    New York,NY10027     		None PC For general support. 5,000
    New York Early Childhood Professional Development
    16 Court Street 31st Floor
    Brooklyn,NY11241     		None PC In support of a quality improvement initiative serving over 20 early education providers in East New York, Brooklyn. 100,000
    New York State State Association for Infant Mental
    225 Bryant Avenue
    Roslyn,NY11576     		None PC For general support. 3,000
    New York University School of Medicine
    1 Park Avenue 5th Floor
    New York,NY10016     		None PC In support of research studies conducted by Dr. Bruce G. Raphael, Department of Hematology. 5,000
    Northwell Health Foundation
    410 Lakeview Road Suite 212
    New Hyde Park,NY11042     		None PC For general support 2,000
    NYC Salt Inc
    214 West 29th Street Suite 1202
    New York,NY10001     		None PC For general support 1,000
    Partners for Justice
    125 Lincoln Place
    Brooklyn,NY11217     		None PC For general support. 10,000
    Pathways for Children
    29 Emerson Avenue
    Gloucester,MA01930     		None PC For general support. 2,500
    People in Need-PIN
    944 Newkirk Avenue
    Brooklyn,NY11230     		None PC For general support. 1,500
    Power of Two co Fund for the City of New York
    400 Rockaway Avenue Suite 2
    Brooklyn,NY11212     		None PC In support of a home visiting program that promotes responsive parenting and secure attachment between young children and their caregivers in Brownsville, Brooklyn and the South Bronx. 100,000
    Princeton University
    330 Alexander Street
    Princeton,NJ08540     		None PC In support of the Annual Giving Campaign of the Class of 1950. 1,000
    Recovery House of Worship
    360 Schermerhorn Street
    Brooklyn,NY11217     		None PC For general support. 1,500
    Red Hook Initiative
    767 Hicks Street
    Brooklyn,NY11231     		None PC In support of Red Hook Farms. 1,500
    Rising Ground
    151 Lawrence Street 5th Floor
    Brooklyn,NY11201     		None PC In support of the ParentChild a home visiting program focused on improving the early literacy practices of family childcare providers in the Bronx. 100,000
    Room to Grow National Inc
    7 West 30th Street Floor 3
    New York,NY10010     		None PC In support of a clinical program in the Bronx that provides parenting education, material items, and service referrals to enrich the lives of children born into poverty through their first three years of development. 75,000
    Sheltering Arms Children & Family Services
    25 Broadway 18th Floor
    New York,NY10004     		None PC In support of a COVID-19 Emergency Relief Fund for essential workers and families with young children in New York City. 25,000
    Southampton Hospital Foundation
    240 Meeting House Lane
    Southampton,NY11968     		None PC For general support. 1,000
    St Boniface Church
    109 Willoughby Street
    Brooklyn,NY11201     		None PC For general support. 1,500
    St Paul Pentecostal Church Kingdom Builders Food
    133 Thomas S Boyland Street
    Brooklyn,NY11233     		None PC For general support. 1,500
    St Rosalie's Parish Social Ministry
    31 East Montauk Highway
    Hampton Bays,NY11946     		None PC In support of the organization's community food bank. 2,000
    Stella and Charles Guttman Community College Found
    50 West 40th Street
    New York,NY10018     		None PC In support of the college's COVID-19 Emergency Fund. 15,500
    Stella and Charles Guttman Community College Found
    50 West 40th Street
    New York,NY10018     		None PC In support of The Scott Evenbeck Fund for Student Success. 25,000
    Temple Israel of the City of New York
    112 East 75th Street
    New York,NY10021     		None PC In support of the Yom Kippur Appeal. 1,000
    The Art Students League of New York
    215 West 57th Street
    New York,NY10019     		None PC In honor of the many years of service to the organization by painter, Andrew Reiss. 2,500
    The Child Center of New York
    118-35 Queens Boulevard 6th Floor
    Forest Hills,NY11375     		None PC In support of ParentChild, a research-based, home visiting program focused on improving parent-child interactions and early literacy in young children in Far Rockaway, Queens. 75,000
    The City University of New York School of Law Foun
    2 Court Square 5th Floor
    Long Island City,NY11101     		None PC In support of the Sorensen Center for International Peace. 1,000
    The Educational Alliance
    197 East Broadway
    New York,NY10002     		None PC In support of a licensed clinical social worker for the organization's early care and education center on Manhattan's Lower East Side. 50,000
    The Educational Alliance Inc
    197 East Broadway
    New York,NY10002     		None PC In support of the Manny Cantor Center. 4,500
    The Jewish Board
    135 West 50th Street 6th Floor
    New York,NY10020     		None PC In support of the Brownsville Child Development Center, which provides a wide range of therapeutic services and supports for young children and their families in Brownsville, Brooklyn. 100,000
    The Lustgarten Foundation
    415 Crossways Park Drive Suite D
    Woodbury,NY10022     		None PC In honor of Richard Goldstein. 500
    The New York Zero to Three Network
    PO Box 60 3 Mahopac Avenue
    Amawalk,NY10501     		None PC For general support. 5,000
    Trust of Programs for Early Childhood Family and C
    6 East 39th Street Suite 301
    New York,NY10016     		None DF In support of the Mother-to-Mother program, a parenting support initiative focused on young children living in four Arab-Israeli communities. 50,000
    Union Settlement Association
    237 East 104th Street
    New York,NY10029     		None PC In support of an early childhood mental health program at three of the organization's early care and education centers in East Harlem. 50,000
    United Neighborhood Houses of New York
    45 Broadway Suite 2210
    New York,NY10006     		None PC In support of an early childhood mental health collaborative to mitigate the impacts of the COVID-19 pandemic on New York City's early education teachers and young children and their families. 75,000
    United Neighborhood Houses of New York
    45 Broadway Suite 2210
    New York,NY10006     		None PC In support of the Family Services Roundtable. 7,500
    Vera Institute of Justice
    34 35th Street 4-2A
    Brooklyn,NY11232     		None PC In support of the New York Immigrant Family Unity Project. 2,000
    Vibrant Emotional Health
    50 Broadway 19th Floor
    New York,NY10004     		None PC In honor of Tova Friedler. 500
    Wellspring House Inc
    362 Essex Avenue
    Gloucester,MA01930     		None PC For general support. 2,500
    Yale University Yale Law School
    PO Box 2038
    New Haven,CT06521     		None PC In support of the Yale Law School Fund for the Annual Giving for the Class of 1953. 1,000
    Total .................................bullet 3a 1,925,000
    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 ...........     		    14 392  
    4 Dividends and interest from securities....     14 262,534  
    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 ............     		525990 11,152 18 1,296,621  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIP INCOME     		525990 -419 01 -32,655  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 10,733 1,526,892  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,537,625
    (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:
    STELLA AND CHARLES GUTTMAN FOUNDATION INC
    EIN:
    13-6103039
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 28,481 21,361   10,484
    AUDIT AND TAX PREPARATION FEES 47,678 11,919   35,759

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    TY 2020 DepreciationSchedule
    Name:
    STELLA AND CHARLES GUTTMAN FOUNDATION INC
    EIN:
    13-6103039
    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
    EQUIPMENT   59,209 51,510 SL 5 1,860      
    LEASEHOLD IMPROV.   143,880 143,880 SL 15        
    FURNITURE & FIX.   55,730 54,730 SL 5        

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    STELLA AND CHARLES GUTTMAN FOUNDATION INC
    EIN:
    13-6103039
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AIR LEASE CORP 0 0
    ALPHABET INC. - CL C 52,556 52,556
    AUTOMATIC DATA PROCESSING 61,670 61,670
    CME GROUP INC. 63,717 63,717
    COSTCO WHOLWSALE CORP 69,704 69,704
    ECOLAB INC 60,581 60,581
    INDEXX LABORATORIES INC 69,982 69,982
    JOHNSON & JOHNSON 62,952 62,952
    METTLER-TOLEDO INTERNATIONAL 68,381 68,381
    MICROSOFT CORP 68,950 68,950
    VARIAN MEDICAL SYSTEMS INC. 63,004 63,004
    VISA INC. - CLASS A 65,619 65,619
    WABTEC CORP 0 0
    HOME DEPOT INC. 39,842 39,842

    TY 2020 InvestmentsOtherSchedule2
    Name:
    STELLA AND CHARLES GUTTMAN FOUNDATION INC
    EIN:
    13-6103039
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FORESTER OFFSHORE, LTD. FMV 784,127 784,127
    GENESIS FUND INST. SHARE CLASS FMV 365,334 365,334
    VANGUARD INFLATION PROTECTED FMV 709,244 709,244
    VANGUARD SHORT-TERM BOND INDEX FMV 783,600 783,600
    VANGUARD 500 INDEX FUND FMV 165,711 165,711
    VANGUARD TOTAL BOND INDEX FUND FMV 1,672,202 1,672,202
    VANGUARD DEVELOPING MKT FUND FMV 1,528,201 1,528,201
    COLCHESTER GLOBAL BOND FUND FMV 1,945,616 1,945,616
    OAK HILL ADVISORS DIVERSIFIED FMV 1,047,310 1,047,310
    HARTFORD INTERN. VALUE FUND FMV 812,325 812,325
    CHAMPLAIN SMALL CAP FUND, LLC FMV 512,000 512,000
    ADAGE CAPITAL PARTNERS, L.P. FMV 1,774,283 1,774,283
    LONE JUNIPER, L.P. FMV 275,266 275,266
    WGI EMERGING MARKET FUND, LLC FMV 1,380,006 1,380,006

    TY 2020 LandEtcSchedule2
    Name:
    STELLA AND CHARLES GUTTMAN FOUNDATION INC
    EIN:
    13-6103039
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    EQUIPMENT 59,209 53,370 5,839  
    LEASEHOLD IMPROV. 143,880 143,880    
    FURNITURE & FIX. 55,730 54,730 1,000  


    TY 2020 LegalFeesSchedule
    Name:
    STELLA AND CHARLES GUTTMAN FOUNDATION INC
    EIN:
    13-6103039
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MOSES & SINGER LLP 7,400 1,480   0


    TY 2020 OtherAssetsSchedule
    Name:
    STELLA AND CHARLES GUTTMAN FOUNDATION INC
    EIN:
    13-6103039
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INTEREST & DIVIDEND RECEIVABLE 1,978 1,342 1,342
    DUE FROM INVESTMENT MANAGERS   892,064 892,064


    TY 2020 OtherExpensesSchedule
    Name:
    STELLA AND CHARLES GUTTMAN FOUNDATION INC
    EIN:
    13-6103039
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TELEPHONE 2,373 237   2,483
    INSURANCE 19,906     20,285
    OFFICE EXPENSES 10,879 1,088   10,508
    COMPUTER RELATED COSTS 11,883 1,188   11,510
    FILING FEES 750     750
    OTHER EXPENSES 7,158 716   3,320


    TY 2020 OtherIncomeSchedule2
    Name:
    STELLA AND CHARLES GUTTMAN FOUNDATION INC
    EIN:
    13-6103039
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER PARTNERSHIP PASS-THROUGH LOSS -33,074 -32,655  


    TY 2020 OtherIncreasesSchedule
    Name:
    STELLA AND CHARLES GUTTMAN FOUNDATION INC
    EIN:
    13-6103039
    Description Amount
    UNREALIZED APPRECIATION OF INVESTMENTS 0
    NET OF CHANGE IN DEFERRED EXCISE TAX 315,968


    TY 2020 OtherLiabilitiesSchedule
    Name:
    STELLA AND CHARLES GUTTMAN FOUNDATION INC
    EIN:
    13-6103039
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED FEDERAL EXCISE TAXES 45,062 49,516
    DEFERRED RENT 21,568 22,230
    ACCRUED FEDERAL EXCISE TAX 5,613 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    STELLA AND CHARLES GUTTMAN FOUNDATION INC
    EIN:
    13-6103039
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY AND        
    CUSTODIAL FEES 116,693 116,693    
    MEMBERSHIPS 6,900     6,900


    TY 2020 TaxesSchedule
    Name:
    STELLA AND CHARLES GUTTMAN FOUNDATION INC
    EIN:
    13-6103039
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES 20,259      
    FOREIGN TAXES WITHHELD 7,789 7,789