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
QUANTUM FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)2701 NORTH AUSTRALIAN AVENUE NO 2
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WEST PALM BEACH, FL33407
A Employer identification number

59-0812783
B Telephone number (see instructions)

(561) 832-7497
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$176,179,156J 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      
4 Dividends and interest from securities... 3,515,352 3,515,352  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 8,483,127
b Gross sales price for all assets on line 6a 48,494,978
7 Capital gain net income (from Part IV, line 2)... 8,830,585
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 1,661,830 540,108  
12 Total. Add lines 1 through 11........ 13,660,309 12,886,045  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 962,399 78,004   806,390
14 Other employee salaries and wages...... 84,366 0   52,105
15 Pension plans, employee benefits....... 277,862 20,285   222,781
16a Legal fees (attach schedule)......... Click to see attachment 7,847 585   6,435
b Accounting fees (attach schedule)....... Click to see attachment 36,945 2,753   30,300
c Other professional fees (attach schedule).... Click to see attachment 434,143 434,143   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 395,283 24,727   55,165
19 Depreciation (attach schedule) and depletion... Click to see attachment 12,961 0  
20 Occupancy.............. 253,424 10,737   227,511
21 Travel, conferences, and meetings....... 10,220 762   8,382
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 838,555 210,532   610,910
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,314,005 782,528   2,019,979
25 Contributions, gifts, grants paid....... 7,417,052 5,504,477
26 Total expenses and disbursements. Add lines 24 and 25 10,731,057 782,528   7,524,456
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,929,252
b Net investment income (if negative, enter -0-) 12,103,517
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............. 390,398 376,805 376,805
2 Savings and temporary cash investments......... 17,742,408 8,011,150 8,011,150
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.......... 67,184 109,017 109,017
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 99,104,308 Click to see attachment102,689,379 102,689,379
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).......... 43,246,012 Click to see attachment64,976,730 64,976,730
14 Land, buildings, and equipment: basis bullet471,120
Less: accumulated depreciation (attach schedule) bullet455,045 20,356 Click to see attachment16,075 16,075
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 160,570,666 176,179,156 176,179,156
Liabilities 17 Accounts payable and accrued expenses.......... 120,948 49,596
18 Grants payable................. 747,501 2,812,337
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 attachment492,027 Click to see attachment559,950
23 Total liabilities (add lines 17 through 22)......... 1,360,476 3,421,883
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........... 159,210,190 172,757,273
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)..... 159,210,190 172,757,273
30 Total liabilities and net assets/fund balances (see instructions). 160,570,666 176,179,156
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
159,210,190
2
Enter amount from Part I, line 27a .....................
2
2,929,252
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
10,617,831
4
Add lines 1, 2, and 3 ..........................
4
172,757,273
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
172,757,273
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 UBS FINANCIAL 00016      
b UBS FINANCIAL 00016      
c UBS FINANCIAL 00017      
d UBS FINANCIAL 00133      
e UBS FINANCIAL 40197      
UBS FINANCIAL 40197      
UBS FINANCIAL 02990      
UBS FINANCIAL 02985      
UBS FINANCIAL 02985      
UBS FINANCIAL 02986      
UBS FINANCIAL 02986      
UBS FINANCIAL 02988      
UBS FINANCIAL 03157      
UBS FINANCIAL 03157      
UBS FINANCIAL 03160      
UBS FINANCIAL 03157      
UBS FINANCIAL 03310      
UBS FINANCIAL 03359      
UBS FINANCIAL 40188      
UBS FINANCIAL 40188      
UBS FINANCIAL 40191      
UBS FINANCIAL 40191      
UBS FINANCIAL 40192      
UBS FINANCIAL 40193      
UBS FINANCIAL 40193      
UBS FINANCIAL 41737      
K-1 ALTAIR CMBS FUND      
K-1 COMMON FUND NATURAL RES      
K-1 COMMON FUND GLOBAL DISTRESSED INV      
K-1 DAVIDSON KEMPNER INST PTR      
K-1 TIFF PRIVATE EQ PARNTERS      
LESS TIFF PRIVATE EQUITY QSBS      
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 215,138   355,811 -140,673
b 1,977,430   1,846,727 130,703
c 11,000,000   11,000,000 0
d 150,334   94,070 56,264
e 184,637   173,724 10,913
6,234,350   4,988,998 1,245,352
170,000   163,226 6,774
170,708   174,225 -3,517
5,020,379   3,198,923 1,821,456
102,750   102,251 499
3,567,935   2,543,782 1,024,153
1,000,000   981,689 18,311
269,866   329,145 -59,279
3,103,488   3,615,444 -511,956
571,835   707,224 -135,389
2,553,706   2,043,235 510,471
160,000   160,000 0
60,000   60,000 0
328,531   415,518 -86,987
3,500,250   2,029,814 1,470,436
269,925   270,000 -75
973,548   965,165 8,383
464,812   467,310 -2,498
1,133,557   937,727 195,830
3,033,850   1,847,932 1,185,918
170,000   75,028 94,972
10,306     10,306
56,474     56,474
    956 -956
225,450   34 225,416
172,653     172,653
    116,435 -116,435
1,643,066     1,643,066
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       -140,673
b       130,703
c       0
d       56,264
e       10,913
      1,245,352
      6,774
      -3,517
      1,821,456
      499
      1,024,153
      18,311
      -59,279
      -511,956
      -135,389
      510,471
      0
      0
      -86,987
      1,470,436
      -75
      8,383
      -2,498
      195,830
      1,185,918
      94,972
      10,306
      56,474
      -956
      225,416
      172,653
      -116,435
      1,643,066
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 8,830,585
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................................ 1 168,239
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........................... 3 168,239
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- ..... 5 168,239
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 215,902
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 265,902
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 97,663
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet97,663 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)
    bulletFL
    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.QUANTUMFND.ORG
    14
    The books are in care ofbulletJOE PASKOSKI Telephone no.bullet (561) 832-7497

    Located atbullet2701 N AUSTRALIAN AVENUE SUITE 200WEST PALM BEACHFL ZIP+4bullet33407
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ETHEL ISAACS WILLIAMS TRUSTEE
    2.00     		0 0 0
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    DR GERALD J O'CONNOR CHAIRMAN
    2.00     		0 0 0
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    DANIEL ALBERTTIS TRUSTEE
    2.00     		0 0 0
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    JEANNETTE M CORBETT TRUSTEE
    2.00     		0 0 0
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    MICHAEL J DIXON TRUSTEE
    2.00     		0 0 0
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    JAMES P KINTZ TRUSTEE
    2.00     		0 0 0
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    BRIAN KIRKPATRICK VICE CHAIRMAN
    2.00     		0 0 0
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    ANTHONY J MCNICHOLAS III ESQ TRUSTEE
    2.00     		0 0 0
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    WILLIAM A MEYER TRUSTEE
    2.00     		0 0 0
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    STEPHEN C MOORE TRUSTEE
    2.00     		0 0 0
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    DR RONALD ROMEAR TRUSTEE
    2.00     		0 0 0
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    ERIC M KELLY PRESIDENT
    40.00     		265,003 33,126 6,000
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    JOE PASKOSKI CFO/VP OF ADMINISTRATION
    40.00     		206,015 25,752 0
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    RANDY SCHEID CHIEF STRATEGY OFFICER
    40.00     		154,511 19,314 6,000
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    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
    SHANNON N HAWKINS DIRECTOR OF COMMUNIT
    40.00     		105,077 13,135 3,000
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    NATHANIEL COUSINEAU PROGRAM OFFICER
    40.00     		88,002 11,000 2,400
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    C'JON ARMSTEAD PROGRAM OFFICER
    40.00     		72,109 9,014 2,400
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    CAMDEN BAGGS PROJECT MANAGER
    40.00     		71,681 8,960 0
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    DEBORAH DIAMOND EXECUTIVE ASSISTANT
    40.00     		61,118 7,640 0
    2701 N AUSTRALIAN AVENUE 200
    WEST PALM BEACH,FL33407
    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
    NONE
    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
    150,108,149
    b
    Average of monthly cash balances.......................
    1b
    271,194
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    150,379,343
    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
    150,379,343
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,255,690
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    148,123,653
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    7,406,183
    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
    7,406,183
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    168,239
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    168,239
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,237,944
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    7,237,944
    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
    7,237,944
    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
    7,524,456
    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
    7,524,456
    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
    7,524,456
    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 7,237,944
    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...... 1,782,731
    b From 2016...... 1,307,980
    c From 2017......  
    d From 2018...... 228,399
    e From 2019...... 214,580
    fTotal of lines 3a through e........ 3,533,690
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 7,524,456
    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..... 7,237,944
    e Remaining amount distributed out of corpus 286,512
    5 Excess distributions carryover applied to 2020. 0 0
    (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 3,820,202
    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) ...     		1,782,731
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		2,037,471
    10 Analysis of line 9:
    a Excess from 2016.... 1,307,980
    b Excess from 2017....  
    c Excess from 2018.... 228,399
    d Excess from 2019.... 214,580
    e Excess from 2020.... 286,512
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    RANDY SCHEID
    2701 NORTH AUSTRALIAN AVENUE SUITE
    200
    WEST PALM BEACH,FL33407
    (561) 832-7497
    RANDY@QUANTUMFND.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION PROCESS BEGINS WHEN A LETTER OF INQUIRY IS SUBMITTED USING OUR ONLINE GRANT SYSTEM. ALL LETTERS OF INQUIRY ARE REVIEWED AND NOTIFICATION IS SENT FOR THE SUBMISSION OF A FULL PROPOSAL IF THE ORGANIZATIONS PROPOSED PROJECT MATCHES OUR VISION AND MISSION. INSTRUCTIONS ABOUT THE REQUIREMENTS AND THE DUE DATE FOR SUBMISSION WILL BE PROVIDED.
    cAny submission deadlines:
    SEE OUR WEBSITE FOR GRANT SUBMISSION DEADLINES.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE MADE TO ORGANIZATIONS CLASSIFIED AS TAX-EXEMPT UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE. GRANTS ARE ALSO MADE TO TAX SUPPORTED INSTITUIONS, SUCH AS COLLEGES AND UNIVERSITIES, LOCAL TAX DISTRICT AND SOME GOVERNMENTAL AGENCIES. ALL GRANTS MUST BENEFIT THE COMMUNITY OF PALM BEACH COUNTY, FLORIDA. UNSOLICITED REQUESTS FOR GRANTS ARE ACCEPTED. GRANTS ARE NOT PROVIDED TO INDIVIDUALS.
    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
    A BARRY SAFE PLACE
    1124 FRESHWATER LAKES DRIVE
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 5,000
    A DIFFERENT SHADE OF LOVE
    4201 MILNER CIRCLE
    LAKE WORTH,FL33463     		NONE PUBLIC GENERAL FUNDING 5,000
    A&A WORKFORCE INC
    951 SANSBURY WAY
    WEST PALM BEACH,FL33411     		NONE PUBLIC GENERAL FUNDING 5,500
    ADIVA CARES FOUNDATION
    401 N ROSEMARY AVENUE
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 5,000
    ADOPT-A-FAMILY
    1712 2ND AVENUE
    NORTH LAKE WORTH,FL33460     		NONE PUBLIC GENERAL FUNDING 40,000
    AHOP A WAY COMMUNITY OUTREACH INC
    2036 N DIXIE HWY
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 5,000
    ALZHEIMER'S COMMUNITY CARE INC
    2924 N AUSTRALIAN AVENUE
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 60,000
    AMERICAN CANCER SOCIETY
    235 SOUTH COUNTY ROAD
    PALM BEACH,FL33480     		NONE PUBLIC GENERAL FUNDING 60,000
    AMERICAN HEART ASSOCIATION
    2300 CENTREPARK W DR
    WEST PALM BEACH,FL33409     		NONE PUBLIC GENERAL FUNDING 1,700
    ANGEL FLIGHT SOUTHEAST
    8864 AIRPORT BLVD
    LEESBURG,FL34788     		NONE PUBLIC GENERAL FUNDING 10,000
    ANGELS FOR FRIENDS CORP
    13052 COMPTON ROAD
    LOXAHATCHEE,FL33470     		NONE PUBLIC GENERAL FUNDING 7,500
    ANTI-DEFAMATION LEAGUE
    621 NW 53RD STREET
    BOCA RATON,FL33487     		NONE PUBLIC GENERAL FUNDING 10,000
    AREA AGENCY ON AGING PALM BEACHTREASURE COAST
    4400 N CONGRESS AVE
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 10,000
    ARMS OF HOPE COMMUNITY INC
    1512 WINGFIELD ST
    LAKE WORTH,FL33460     		NONE PUBLIC GENERAL FUNDING 17,500
    ARTHUR I MEYER JEWISH ACADEMY
    3261 NORTH MILITARY TRAIL
    WEST PALM BEACH,FL33409     		NONE PUBLIC GENERAL FUNDING 12,000
    ATLANTIC CLASSICAL ORCHESTRA
    141 N HIGHWAY US ONE
    FORT PIERCE,FL34950     		NONE PUBLIC GENERAL FUNDING 6,668
    BACK TO BASICS
    13754 GREENTREE TRAIL
    WELLINGTON,FL33414     		NONE PUBLIC GENERAL FUNDING 10,000
    BALANCED LIVING MENTORSHIP
    231 E MAIN STREET
    PAHOKEE,FL33476     		NONE PUBLIC GENERAL FUNDING 32,954
    BELLA'S ANGELS
    13860 WELLINGTON TRACE
    WELLINGTON,FL33414     		NONE PUBLIC GENERAL FUNDING 15,000
    BI-WI BECAUSE I'M WORTH IT INTL INC
    1758 ANNANDALE CIRCLE
    ROYAL PALM BEACH,FL33411     		NONE PUBLIC GENERAL FUNDING 2,500
    BIG HEART BRIGADE
    5161 NORTHLAKE BLVD
    PALM BEACH GARDENS,FL33410     		NONE PUBLIC GENERAL FUNDING 5,000
    BOYS & GIRLS CLUBS OF PALM BEACH COUNTY
    800 NORTHPOINT PKWY
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 15,000
    BUCCAN PROVISIONS
    350 S COUNTY RD
    PALM BEACH,FL33480     		NONE PUBLIC GENERAL FUNDING 15,500
    CANCER ALLIANCE OF HELP AND HOPE INC
    POST OFFICE BOX 3038
    TEQUESTA,FL33469     		NONE PUBLIC GENERAL FUNDING 4,000
    CAREBAG INC
    6985 HANCOCK DR
    PORT ST LUCIE,FL33495     		NONE PUBLIC GENERAL FUNDING 27,500
    CARIDAD CENTER
    8645 W BOYNTON BEACH BLVD
    BOYNTON BEACH,FL33472     		NONE PUBLIC GENERAL FUNDING 155,000
    CATHOLIC CHARITIES
    9995 N MILITARY TRAIL
    PALM BEACH GARDENS,FL33410     		NONE PUBLIC GENERAL FUNDING 6,668
    CENTER FOR CHILD COUNSELING INC
    7731 N MILITARY TRAIL 4
    PALM BEACH GARDENS,FL33410     		NONE PUBLIC GENERAL FUNDING 100,000
    CENTER FOR FAMILY SERVICES PBC
    4101 PARKER AVENUE
    WEST PALM BEACH,FL33405     		NONE PUBLIC GENERAL FUNDING 700
    CENTRAL BABTIST CHURCH
    4422 GUN CLUB RD
    WEST PALM BEACH,FL33406     		NONE PUBLIC GENERAL FUNDING 3,120
    CHARIOTS OF LOVE
    PO BOX 541224
    LAKE WORTH,FL33454     		NONE PUBLIC GENERAL FUNDING 10,000
    CHASEN TAILZ KDW FISHING TOURNAMENT
    200 N US HIGHWAY ONE
    JUPIER,FL33477     		NONE PUBLIC GENERAL FUNDING 5,000
    CHASIN A DREAM FOUNDATION
    305 OCEAN DUNES CIR
    JUPITER,FL33477     		NONE PUBLIC GENERAL FUNDING 10,000
    CHILDREN & FAMILY CHARITY INC
    700 OLD DIXIE HIGHWAY
    LAKE PARK,FL33403     		NONE PUBLIC GENERAL FUNDING 5,000
    CHILDREN'S HOME SOCIETY OF FLORIDA
    3333 FOREST HILL BLVD
    WEST PALM BEACH,FL33406     		NONE PUBLIC GENERAL FUNDING 43,753
    CHILDREN'S OUTREACH INC
    1601 BROADWAY AVE
    RIVIERA BEACH,FL33404     		NONE PUBLIC GENERAL FUNDING 5,000
    CHRISTIANS REACHING OUT TO SOCIETY INC
    301 1ST AVE S
    LAKE WORTH,FL33480     		NONE PUBLIC GENERAL FUNDING 100,000
    CHURCH OF GOD OF PALM BAY INC
    2270 JUPITER BLVD SW
    PALM BAY,FL32908     		NONE PUBLIC GENERAL FUNDING 2,500
    CHURCH OF THE HARVEST
    POST OFFICE BOX 183
    PAHOKEE,FL33476     		NONE PUBLIC GENERAL FUNDING 30,115
    CITYHOUSE DELRAY BEACH INC
    POST OFFICE BOX 8451
    DELRAY BEACH,FL33483     		NONE PUBLIC GENERAL FUNDING 10,000
    CLUB 100 CHARITIES INC
    8300 159TH COURT NORTH
    PALM BEACH GARDENS,FL33418     		NONE PUBLIC GENERAL FUNDING 10,000
    COMMUNITY FOUNDATION PB & MARTIN COUNTIES
    700 S DIXIE HIGHWAY SUITE 200
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 10,000
    COMMUNITY HEALTH CENTER WEST PALM BEACH
    2100 NW 45TH STREET SUITE A-8/9
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 150,000
    CONNOR MORAN CHILDREN'S CANCER FOUNDATION
    401 N OLD DIXIE HWY
    JUPITER,FL33469     		NONE PUBLIC GENERAL FUNDING 10,000
    CULTURAL COUNCIL FOR PALM BEACH COUNTY
    601 LAKE AVENUE
    LAKE WORTH,FL33460     		NONE PUBLIC GENERAL FUNDING 10,000
    CYSTIC FIBROSIS FOUNDATION
    700 S DIXIE HIGHWAY 100
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 35,000
    DADS FIGHTING CANCER INC
    716 GREENBRIAR DR
    WEST PALM BEACH,FL33403     		NONE PUBLIC GENERAL FUNDING 2,500
    DEZMAN FLEURY FOUNDATION
    2328 LEWIS ROAD
    WEST PALM BEACH,FL33415     		NONE PUBLIC GENERAL FUNDING 5,000
    DIOCESE OF PALM BEACH
    9995 N MILITARY TRAIL
    PALM BEACH GARDENS,FL33410     		NONE PUBLIC GENERAL FUNDING 5,000
    DO RIGHT CHURCH OF JESUS CHRIST
    1461 N MANGONIA DRIVE
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 7,500
    DONATION & CHARITY CENTER INC
    1749 N MILITARY TRAIL 3
    WEST PALM BEACH,FL33409     		NONE PUBLIC GENERAL FUNDING 2,500
    DRESS FOR SUCCESS PALM BEACHES INC
    118 EAST OCEAN AVENUE LANTANA FL
    33462
    LANTANA,FL33462     		NONE PUBLIC GENERAL FUNDING 10,000
    DREYFOOS SCHOOL OF THE ARTS
    501 S SAPODILLA AVE
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 2,000
    EASTER SEALS FLORIDA INC
    213 S CONGRESS AVENUE
    WEST PALM BEACH,FL33409     		NONE PUBLIC GENERAL FUNDING 1,950
    EAT BETTER LIVE BETTER
    301 W ATLANTIC AVENUE
    DELRAY BEACH,FL33444     		NONE PUBLIC GENERAL FUNDING 15,000
    EGLISE DE DIEU AGAPE
    1811 STONEHAVEN DRIVE
    BOYNTON BEACH,FL33436     		NONE PUBLIC GENERAL FUNDING 10,000
    EL SOL JUPITER'S NEIGHBORHOOD RES CENTER
    106 MILITARY TRAIL
    JUPITER,FL33458     		NONE PUBLIC GENERAL FUNDING 50,000
    EMMAUS ALLIANCE MINISTRIES
    49 SW 7TH AVENUE
    DELRAY BEACH,FL33444     		NONE PUBLIC GENERAL FUNDING 2,500
    EMPOWHER OF THE PALM BEACHES
    POST OFFICE BOX 2717
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 2,500
    ESPERANZA COMMUNITY CENTER
    3600 BROADWAY AVE
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 30,000
    EXTENDED HANDS COMMUNITY OUTREACH
    528 CHEERFUL STREET
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 15,250
    FAITH MISSIONARY TEMPLE CORP
    3721 AVENUE HE
    RIVIERA BEACH,FL33404     		NONE PUBLIC GENERAL FUNDING 2,500
    FAMILIES FIRST OF PALM BEACH COUNTY
    3333 FOREST HILL BLVD
    WEST PALM BEACH,FL33406     		NONE PUBLIC GENERAL FUNDING 7,500
    FAMILY CHURCH
    1101 S FLAGLER DR
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 500
    FAMILY PROMISE NORTHCENTRAL PB CNTY
    1003 ALLENDALE ROAD
    WEST PALM BEACH,FL33405     		NONE PUBLIC GENERAL FUNDING 25,000
    FAMILY PROMISE SOUTH PALM BEACH COUNTY
    840 GEORGE BUSH BLVD
    DELRAY BEACH,FL33483     		NONE PUBLIC GENERAL FUNDING 25,000
    FARMWORKERS COORDINATING COUNCIL
    1313 CENTRAL TERRACE
    LAKE WORTH,FL33460     		NONE PUBLIC GENERAL FUNDING 75,000
    FEDERATION OF FAMILIES OF FLORIDA
    400 SW AVENUE B PL
    BELLE GLADE,FL33430     		NONE PUBLIC GENERAL FUNDING 5,000
    FEEDING SOUTH FLORIDA
    2501 SW 32ND TERRACE
    PEMBROKE PARK,FL33023     		NONE PUBLIC GENERAL FUNDING 300,000
    FEEDING THE HUNGRY INC
    8500 WATER CAY
    WEST PALM BEACH,FL33411     		NONE PUBLIC GENERAL FUNDING 32,185
    FEEDING THE HUNGRY PANTRY OF SOUTH FLORIDA
    900 BRANDYWINE ROAD
    WEST PALM BEACH,FL33409     		NONE PUBLIC GENERAL FUNDING 7,500
    FFA FOUNDATION INC
    110 PEMBROKE DR
    PALM BEACH GARDENS,FL33418     		NONE PUBLIC GENERAL FUNDING 25,000
    FLORENCE FULLER CHILD DEVELOPMENT CENTERS
    200 NE 14TH STREET
    BOCA RATON,FL33432     		NONE PUBLIC GENERAL FUNDING 25,000
    FLORIDA A&M UNIV NATIONAL ALUMNI ASSOC
    POST OFFICE BOX 7351
    TALLAHASSEE,FL33214     		NONE PUBLIC GENERAL FUNDING 5,000
    FLORIDA ATLANTIC UNIVERSITY COLLEGE OF BUSINESS
    777 GLADES ROAD
    BOCA RATON,FL33431     		NONE PUBLIC GENERAL FUNDING 20,000
    FLORIDA COMMUNITY HEALTH CENTERS
    3441 SE WILLOUGHBY BLVD
    STUART,FL34994     		NONE PUBLIC GENERAL FUNDING 30,000
    FLORIDA INTRODUCES PHYSICAL ACTIVITY
    1777 DIXIE HIGHWAY
    FORT LAUDERDALE,FL33305     		NONE PUBLIC GENERAL FUNDING 70,000
    FLORIDA OUTREACH CENTER FOR THE BLIND
    2315 S CONGRESS AVENUE
    PALM SPRINGS,FL33406     		NONE PUBLIC GENERAL FUNDING 30,000
    FLORIDA PHILANTHROPIC NETWORK
    1211 N WESTSHORE BLVD SUITE 314
    TAMPA,FL33607     		NONE PUBLIC GENERAL FUNDING 5,500
    FOUNDCARE INC
    2330 S CONGRESS AVENUE
    WEST PALM BEACH,FL33406     		NONE PUBLIC GENERAL FUNDING 195,000
    FOUR CORNERS OF FAITH INC
    1320 W 1ST STREET
    WEST PALM BEACH,FL33404     		NONE PUBLIC GENERAL FUNDING 2,500
    GASKOW CLERGE FOUNDATION
    PO BOX 4068
    GARDEN CITY,NY11531     		NONE PUBLIC GENERAL FUNDING 1,000
    GCI TRAINING & EMPOWERMENT CENTER INC
    2620 N AUSTRALIAN AVENUE
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 32,500
    GENESIS COMMUNITY HEALTH INC
    564 E WOOLBRIGHT RD
    BOYNTON BEACH,FL33435     		NONE PUBLIC GENERAL FUNDING 197,800
    GEORGE SNOW SCHOLARSHIP FUND
    201 PLAZA REAL 260
    BOCA RATON,FL33432     		NONE PUBLIC GENERAL FUNDING 50,000
    GIRL SCOUTS OF SOUTHEAST FLORIDA INC
    4701 NW 33RD AVE
    OAKLAND PARK,FL33309     		NONE PUBLIC GENERAL FUNDING 6,000
    GIVING CLOSET PROJECT
    7071 GARDEN RD
    RIVIERA BEACH,FL33404     		NONE PUBLIC GENERAL FUNDING 12,500
    GOD'S ARMY RAISING YOUTH
    POST OFFICE BOX 868
    BOYNTON BEACH,FL33425     		NONE PUBLIC GENERAL FUNDING 5,000
    GOLDEN PARENTS INC
    PO BOX 6214
    DELRAY BEACH,FL33482     		NONE PUBLIC GENERAL FUNDING 15,000
    GOOD SAMARITAN ALLIANCE CHURCH
    1880 N FEDERAL HIGHWAY
    BOYNTON BEACH,FL33435     		NONE PUBLIC GENERAL FUNDING 5,000
    GRANDMA'S PLACE INC
    184 SPARROW DRIVE
    ROYAL PALM BEACH,FL33411     		NONE PUBLIC GENERAL FUNDING 73,500
    GRASSROOTS CONSULTING INC
    2620 N AUSTRALIAN AVENUE
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 2,500
    GUATEMALAN-MAYA CENTER INC
    430 N G ST
    LAKE WORTH,FL33460     		NONE PUBLIC GENERAL FUNDING 5,000
    GULF STREAM COUNCIL BOY SCOUTS OF AMERICA
    8335 N MILITARY TRL
    PALM BEACH GARDENS,FL33410     		NONE PUBLIC GENERAL FUNDING 2,000
    HABITAT FOR HUMANITY OF SOUTH PALM BEACH
    181 SE 5TH AVENUE
    DELRAY BEACH,FL33483     		NONE PUBLIC GENERAL FUNDING 37,500
    HACER MINISTRY GROUP
    2727 GEORGIA AVE
    WEST PALM BEACH,FL33405     		NONE PUBLIC GENERAL FUNDING 15,500
    HAITI CHOLERA RESEARCH FUNDING FOUNDATION
    4700 LUCERNE LAKES B BLVD
    LAKE WORTH,FL33467     		NONE PUBLIC GENERAL FUNDING 2,500
    HANDS OF LOVE COMMUNITY DEV CENTER
    2930 S JOG ROAD
    GREENACRES,FL33467     		NONE PUBLIC GENERAL FUNDING 3,500
    HANDS TOGETHER OF THE PALM BEACHES INC
    12415 INDIAN RD
    NORTH PALM BEACH,FL33408     		NONE PUBLIC GENERAL FUNDING 20,000
    HANNAH'S HOME OF S FLORIDA INC
    POST OFFICE BOX 4512
    TEQUESTA,FL33469     		NONE PUBLIC GENERAL FUNDING 15,000
    HEALTH COUNCIL OF SOUTHEAST FLORIDA
    600 SANDTREE DRIVE SUITE 101
    PALM BEACH GARDENS,FL33403     		NONE PUBLIC GENERAL FUNDING 42,000
    HEALTHY MOTHERSHEALTHY BABIES COALITION
    901 NORTHPORT PKWT
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 50,000
    HEART OF GOD MISSIONS INT'L
    804 10TH STREET
    LAKE PARK,FL33460     		NONE PUBLIC GENERAL FUNDING 5,000
    HEART HEALTH & HEALING MINISTRIES INC
    1330 WEST 1ST ST
    RIVIERA BEACH,FL33404     		NONE PUBLIC GENERAL FUNDING 7,500
    HISPANIC CHAMBER OF COMMERCE OF PBC
    1860 FOREST HILL BLVD
    WEST PALM BEACH,FL33406     		NONE PUBLIC GENERAL FUNDING 10,000
    HOLY GROUND
    200 W 20TH STREET
    RIVIERA BEACH,FL33404     		NONE PUBLIC GENERAL FUNDING 69,832
    HOME SAFE
    2840 SIXTH AVENUE S
    LAKE WORTH,FL33461     		NONE PUBLIC GENERAL FUNDING 28,800
    HOMELESS COALITION OF PALM BEACH COUNTY
    810 DATURE ST
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 10,000
    HOPE 4 MOBILITY INC
    4138 BLUFF HARBOR WAY
    WELLINGTON,FL33449     		NONE PUBLIC GENERAL FUNDING 10,000
    HOPE FOR DEPRESSION RESEARCH FOUNDATION
    40 W 57TH STREET STE 1440
    NEW YORK,NY10019     		NONE PUBLIC GENERAL FUNDING 1,000
    HOSANNA EVANGELICAL ALLIANCE CHURCH INC
    515 NE 3RD ST
    BOYNTON BEACH,FL33435     		NONE PUBLIC GENERAL FUNDING 5,000
    HOSPITALITY HELPING HANDS
    509 CLEMATIS ST
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 20,000
    HOUSING PARTNERSHIP
    2001 BLUE HERON BLVD W
    RIVIERA BEACH,FL33404     		NONE PUBLIC GENERAL FUNDING 260,000
    IN JACOBS SHOES
    5431 NW 15TH STREET
    MARGATE,FL33063     		NONE PUBLIC GENERAL FUNDING 5,000
    INLET GROVE COMMUNITY HIGH SCHOOL
    600 W 28TH ST
    RIVIERA BEACH,FL33404     		NONE PUBLIC GENERAL FUNDING 1,000
    JACK THE BIKE MAN INC
    2406 FLORIDA AVE
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 1,000
    JAY OUTREACH MINISTRIES
    2831 AVENUE S
    RIVIERA BEACH,FL33404     		NONE PUBLIC GENERAL FUNDING 15,000
    JEWISH FEDERATION OF PALM BEACH COUNTY
    4601 COMMUNITY DRIVE
    WEST PALM BEACH,FL33417     		NONE PUBLIC GENERAL FUNDING 36,668
    JOINT MISSION INC
    1300 OLD DIXIE HIGHWAY
    WEST PALM BEACH,FL33403     		NONE PUBLIC GENERAL FUNDING 17,500
    JUMP FOR JOI
    720 8TH ST
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 12,500
    JUNIOR ACHIEVEMENT
    1130 COCONUT CREEK PARKWAY
    COCONUT CREEK,FL33066     		NONE PUBLIC GENERAL FUNDING 17,668
    KIDS CANCER FOUNDATION
    246 ROYAL PALM BEACH BLVD
    ROYAL PALM BEACH,FL33411     		NONE PUBLIC GENERAL FUNDING 10,000
    KINGS TUTORING AND MENTORING FOUNDATION INC
    206 SW 12TH AVENUE
    SOUTH BAY,FL33493     		NONE PUBLIC GENERAL FUNDING 7,500
    LADIES OF FUTURITY INC
    1817 N CONGRESS AVENUE
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 7,500
    LAKE OKEECHOBEE RURAL HEALTH NETWORK
    600 SANDTREE DRIVE
    PALM BEACH GARDENS,FL33403     		NONE PUBLIC GENERAL FUNDING 50,000
    LEADERS IN FURTHERING EDUCATION
    1720 S OCEAN BLVD
    MANALAPAN,FL33462     		NONE PUBLIC GENERAL FUNDING 1,400
    LEADERSHIP PALM BEACH COUNTY
    2751 S DIXIE HWY
    WEST PALM BEACH,FL33405     		NONE PUBLIC GENERAL FUNDING 2,500
    LEGAL AID SOCIETY OF PALM BEACH COUNTY INC
    423 FERN STREET SUITE 200
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 125,000
    LEUKEMIA & LYMPHOMA SOCIETY
    3230 COMMERCE PLACE SUITE B
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 7,500
    LIBERTY MOVEMENT MINISTRY FOOD PANTRY
    2501 BRISTOL DR
    WEST PALM BEACH,FL33409     		NONE PUBLIC GENERAL FUNDING 5,000
    LIGHT HOUSE CAFE MINISTRIES OF THE GLADES
    PO BOX 220
    PAHOKEE,FL33476     		NONE PUBLIC GENERAL FUNDING 25,000
    LIL JESUS MINISTRY
    1704 W 13TH ST
    RIVIERA BEACH,FL33404     		NONE PUBLIC GENERAL FUNDING 2,500
    LITTLE SMILES INC
    1325 N CONGRESS AVE SUITE 205
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 15,000
    LTTG FUND FOR THE NEEDY INC
    918 13TH ST
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 7,700
    MARIE LOUISE COMM FOUNDATION INC
    625 SE 2ND AVENUE
    BOYNTON BEACH,FL33435     		NONE PUBLIC GENERAL FUNDING 2,500
    MARTIN LUTHER KING JR COORDINATING COMMITTEE
    466 VIA ORTEGA
    STANFORD,CA94305     		NONE PUBLIC GENERAL FUNDING 2,500
    MEALS ON WHEELS OF THE PALM BEACHES
    PO BOX 247
    WEST PALM BEACH,FL33402     		NONE PUBLIC GENERAL FUNDING 10,000
    MENTAL HEALTH ASSOCIATION
    900 FERN ST
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 94,288
    MERCY AND COMPASSION INC
    5096 BRIAN BLVD
    BOYNTON BEACH,FL33472     		NONE PUBLIC GENERAL FUNDING 7,500
    METROPOLITAN COMMUNITY CHURCH
    4857 NORTHLAKE BLVD
    PALM BEACH GARDENS,FL33418     		NONE PUBLIC GENERAL FUNDING 5,000
    MIAMI DIAPER BANK
    4770 BISCAYNE BLVD
    MIAMI,FL33137     		NONE PUBLIC GENERAL FUNDING 5,000
    MONARCH HEALTH SYSTEMS
    2580 METROCENTRE BLVD
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 7,500
    MY OWN HOME PROJECT
    3330 FAIRCHILD GARDEN AVENUE
    WEST PALM BEACH,FL33420     		NONE PUBLIC GENERAL FUNDING 10,000
    NATIONAL COUNCIL FOR JEWISH WOMEN
    PO BOX 540414
    GREENACRES,FL33454     		NONE PUBLIC GENERAL FUNDING 5,000
    NATIONAL LEADERSHIP INSTITUTE
    301 YAMATO RD
    BOCA RATON,FL33431     		NONE PUBLIC GENERAL FUNDING 1,000
    NEIGHBORHOOD RENAISSANCE
    510 24TH ST A
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 60,000
    NEIL'S HEALTH & WELLNESS FOUNDATION
    2223 PALM BEACH LAKES BLVD
    WEST PALM BEACH,FL33409     		NONE PUBLIC GENERAL FUNDING 2,500
    NEW BEGINNING COMMUNITY OUTREACH
    175 NW 6TH STREET
    SOUTH BAY,FL33493     		NONE PUBLIC GENERAL FUNDING 11,000
    NEXT GENERATIONS OF HOLOCAUST SURVIVORS
    PO BOX 741332
    BOYNTON BEACH,FL33472     		NONE PUBLIC GENERAL FUNDING 2,500
    NICKLAUS CHILDREN'S HEALTH CARE FOUNDATION
    11770 US HIGHWAY ONE 303
    NORTH PALM BEACH,FL33408     		NONE PUBLIC GENERAL FUNDING 2,000
    NORTHWEST COMMUNITY CONSORTIUM INC
    409 NORTH ROSEMARY AVENUE
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 25,000
    OPERATION 120
    6TH AVENUE
    LAKE WORTH,FL33461     		NONE PUBLIC GENERAL FUNDING 17,500
    ORANGE BOWL COMMITTEE
    14360 NW 77TH COURT
    HIALEAH,FL33016     		NONE PUBLIC GENERAL FUNDING 100,000
    PAHOKEE DELIVERANCE CHRISTIAN CENTER
    168 E 4TH STREET
    PAHOKEE,FL33476     		NONE PUBLIC GENERAL FUNDING 10,000
    PALM BEACH CHILDRENS CHORUS INC
    4076 PGA BLVD
    PALM BEACH GARDENS,FL33410     		NONE PUBLIC GENERAL FUNDING 5,000
    PALM BEACH COUNTY FOOD BANK
    901 SOUTH FLAGLER DR
    WEST PALM BEACH,FL33416     		NONE PUBLIC GENERAL FUNDING 35,000
    PALM BEACH HABILITATION CENTER
    PO BOX 31913
    PALM BEACH GARDENS,FL33420     		NONE PUBLIC GENERAL FUNDING 31,000
    PALM BEACH HARVEST INC
    4601 S FLAGLER DR
    WEST PALM BEACH,FL33405     		NONE PUBLIC GENERAL FUNDING 7,500
    PALM BEACH MEDICAL SOCIETY SERVICES
    4067 LEO LANE
    PALM BEACH GARDENS,FL33410     		NONE PUBLIC GENERAL FUNDING 50,000
    PALM BEACH POLICE FOUNDATION
    3540 FOREST HILL BOULEVARD SUITE
    101
    WEST PALM BEACH,FL33406     		NONE PUBLIC GENERAL FUNDING 5,334
    PALM BEACH ROUND TABLE
    44 COCOANUT ROW SUITE T12
    PALM BEACH,FL33480     		NONE PUBLIC GENERAL FUNDING 1,100
    PALM BEACH SYMPHONY
    400 HIBISCUS ST
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 1,000
    PALM HEALTHCARE FOUNDATION INC
    700 S DIXIE HWY STE 205
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 50,000
    PARENT CHILD CENTER INC
    4200 CONGRESS AVE
    LAKE WORTH,FL33461     		NONE PUBLIC GENERAL FUNDING 161,500
    PARIANNA PRECIOUS HANDS
    PO BOX 11653
    RIVIERA BEACH,FL33419     		NONE PUBLIC GENERAL FUNDING 2,500
    PATHWAYS TO PROSPERITY INC
    970 N SEACREST BLVD
    BOYNTON BEACH,FL33435     		NONE PUBLIC GENERAL FUNDING 50,000
    PHILADELPHIA CHURCH OF GOD NT
    801 9TH STREET
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 1,500
    PHILANTHROPY TANK
    4521 PGA BLVD 468
    PALM BEACH GARDENS,FL33418     		NONE PUBLIC GENERAL FUNDING 13,334
    POLICE ATHLETICACTIVITIES LEAGUE
    720 N TAMARIND AVE
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 11,000
    PROJECT LIFT INC
    1330 SW 34TH STREET
    PALM CITY,FL34990     		NONE PUBLIC GENERAL FUNDING 125,000
    PROMISE FUND OF FLORIDA
    340 ROYAL POINCIANA WAY
    PALM BEACH,FL33480     		NONE PUBLIC GENERAL FUNDING 8,000
    RAYMOND F KRAVIS CENTER
    901 45TH STREET
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 2,600
    REDEMPTIVE LIFE FELLOWSHIP URBAN INITIATIVE
    2101 N AUSTRALIAN AVE
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 5,250
    RESTORATION BRIDGE INTERNATIONAL
    7255 SOUTH MILITARY TRAIL
    LAKE WORTH,FL33463     		NONE PUBLIC GENERAL FUNDING 35,000
    RIVIERA BEACH COMMUNITY OUTREACH INC
    2831 AVENUE S
    RIVIERA BEACH,FL33419     		NONE PUBLIC GENERAL FUNDING 19,500
    ROBERTSON CONSULTING GROUP
    PO BOX 51688
    SARASOTA,FL33432     		NONE PUBLIC GENERAL FUNDING 10,922
    ROSARIAN ACADEMY
    1144 SIXTH STREET
    RIVIERA BEACH,FL33419     		NONE PUBLIC GENERAL FUNDING 57,000
    SAINT EDWARDS CHURCH
    144 N COUNTY RD
    PALM BEACH,FL33480     		NONE PUBLIC GENERAL FUNDING 19,000
    SCRIPPS FLORIDA
    130 SCRIPPS WAY
    JUPITER,FL33458     		NONE PUBLIC GENERAL FUNDING 3,334
    SHAMMAH BAPTIST WORSHIP CENTER INC
    5710 N HAVERHILL ROAD
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 2,500
    SOCIETY OF ST VINCENT DE PAUL PB DIST
    1000 LANTANA RD
    LANTANA,FL33462     		NONE PUBLIC GENERAL FUNDING 30,000
    SOJOURNERS WITH HEALING HEARTS INC
    PO BOX 9134
    WEST PALM BEACH,FL33419     		NONE PUBLIC GENERAL FUNDING 7,500
    SOUTH FLORIDA SANCTUARY INC
    3732 LAKE OSBORNE DRIVE
    LAKE WORTH,FL33461     		NONE PUBLIC GENERAL FUNDING 5,000
    SOUTH FLORIDA SCIENCE CENTER & AQUARIUM
    4801 DREHER TRAIL N
    WEST PALM BEACH,FL33405     		NONE PUBLIC GENERAL FUNDING 2,000
    SOUTH TECH ACADEMY
    6161 W WOOLBRIGHT RD
    BOYNTON BEACH,FL33437     		NONE PUBLIC GENERAL FUNDING 6,100
    SPIRIT OF GIVING NETWORK
    1515 N FEDERAL HWY
    BOCA RATON,FL33432     		NONE PUBLIC GENERAL FUNDING 5,000
    ST ANN PLACE AT ST ANN CHURCH
    2107 NORTH DIXIE HIGHWAY
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 10,000
    ST CATHERINE GREEK ORTHODOX
    110 SOUTHERN BLVD
    WEST PALM BEACH,FL33405     		NONE PUBLIC GENERAL FUNDING 2,000
    ST GEORGE'S EPISCOPAL CHURCH & CENTER
    21 W 22ND STREET
    RIVIERA BEACH,FL33404     		NONE PUBLIC GENERAL FUNDING 20,000
    ST MATTHEW CATHOLIC CHURCH
    6090 HYPOLUXO ROAD
    LAKE WORTH,FL33463     		NONE PUBLIC GENERAL FUNDING 5,000
    ST PATRICK EPISCOPAL CHURCH
    418 N SAPODILLA AVE
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 1,000
    ST PAUL MISSIONARY BAPTIST CHURCH
    46 SW 10TH AVE
    DELRAY BEACH,FL33444     		NONE PUBLIC GENERAL FUNDING 2,500
    ST VINCENT DE PAUL OF ST PETER
    1701 INDIAN CREEK PARKWAY
    JUPITER,FL33458     		NONE PUBLIC GENERAL FUNDING 30,000
    STUDENT ACES INC
    7750 ARBOR CREST WAY
    PALM BEACH GARDENS,FL33412     		NONE PUBLIC GENERAL FUNDING 5,000
    SUITS FOR SENIORS INC
    6080 EDISON STREET
    COCOA,FL32927     		NONE PUBLIC GENERAL FUNDING 5,000
    T LEROY JEFFERSON MEDICAL SOCIETY
    1411 NFLAGLER DRIVE SUITE 9000
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 11,355
    TAKE STOCK IN CHILDREN OF PALM BEACH COUNTRY
    1869 PALM BEACH LAKES BLVD
    WEST PALM BEACH,FL33409     		NONE PUBLIC GENERAL FUNDING 25,000
    THE ARC OF PALM BEACH COUNTY
    1201 AUSTRALIAN AVE
    RIVIERA BEACH,FL33404     		NONE PUBLIC GENERAL FUNDING 30,360
    THE INTERNATIONAL SOCIETY OF PALM BEACH
    44 COCOANUT ROW M207C
    PALM BEACH,FL33480     		NONE PUBLIC GENERAL FUNDING 2,000
    THE LEROY FREEMAN EVANGELISTIC ASSOC
    PO BOX 221076
    WEST PALM BEACH,FL33422     		NONE PUBLIC GENERAL FUNDING 5,500
    THE LIFE CENTER OF PALM BEACH COUNTY
    1125 GRANT ST
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 7,500
    THE LORD'S PLACE
    2808 N AUSTRALIAN
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 125,000
    THE PINK QUEEN FOUNDATION
    1060 CAMEO CIRCLE
    WEST PALM BEACH,FL33417     		NONE PUBLIC GENERAL FUNDING 6,500
    THE REG SEMINARY OF ST VINCENT DE PAUL
    10701 SOUTH MILITARY TRAIL
    BOYNTON BEACH,FL33436     		NONE PUBLIC GENERAL FUNDING 5,000
    THE SALVATION ARMY
    300 SW 2ND AVENUE
    BOCA RATON,FL33432     		NONE PUBLIC GENERAL FUNDING 27,000
    THE SOCK DRAWER
    3765 S HIGUERA ST
    SAN LUIS OBISPO,CA93401     		NONE PUBLIC GENERAL FUNDING 2,500
    THE SOUP KITCHEN
    8645 BOYNTON BEACH BLVD
    BOYNTON BEACH,FL33474     		NONE PUBLIC GENERAL FUNDING 10,000
    THE TALENTED TEEN CLUB
    305 SWAIN BLVD
    GREENACRES,FL33463     		NONE PUBLIC GENERAL FUNDING 2,500
    THE VALLEY OF LOVE MINISTRIES INC
    1901 BROADWAY
    RIVIERA BEACH,FL33404     		NONE PUBLIC GENERAL FUNDING 2,500
    TIES THAT BIND INC
    2275 PALM BEACH LAKES BLVD
    WEST PALM BEACH,FL33409     		NONE PUBLIC GENERAL FUNDING 10,500
    TOWN OF PALM BEACH UNITED WAY
    44 COCOANUT ROW M201
    PALM BEACH,FL33480     		NONE PUBLIC GENERAL FUNDING 6,668
    TRINDY GOURMET FOUNDATION
    400 N ROSEMARY AVE
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 45,000
    TRINITY UNITED METHODIST CHURCH
    9625 N MILITARY TRAIL
    WEST PALM BEACH,FL33410     		NONE PUBLIC GENERAL FUNDING 5,000
    TRUE FAST OUTREACH MINISTRIES
    638 6TH STREET
    WEST PALM BEACH,FL33401     		NONE PUBLIC GENERAL FUNDING 19,000
    TRUSTBRIDGE HOSPICE FOUNDATION
    5300 EAST AVENUE
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 10,000
    UNITED FARMERS ALLIANCE
    16651 REMBRANDT BLVD
    WELLINGTON,FL33470     		NONE PUBLIC GENERAL FUNDING 25,000
    UNIVERSITY OF FLORIDA FOUNDATION
    1938 W UNIVERSITY AVENUE
    GAINESVILLE,FL32603     		NONE PUBLIC GENERAL FUNDING 2,000
    URBAN LEAGUE OF PALM BEACH COUNTY INC
    1700 N AUSTRALIAN AVE
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 24,746
    URBAN YOUTH IMPACT
    2823 N AUSTRALIAN AVE
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 100,000
    VITA NOVA INC
    1800 SOUTH AUSTRALIAN AVENUE
    WEST PALM BEACH,FL33409     		NONE PUBLIC GENERAL FUNDING 101,987
    VITAL FLIGHT INC
    3080 SE CHANDELL
    JUPITER,FL33478     		NONE PUBLIC GENERAL FUNDING 10,000
    WAYSIDE HOUSE INC
    378 NE 6TH AVENUE
    DELRAY BEACH,FL33483     		NONE PUBLIC GENERAL FUNDING 4,000
    WE CARE ABOUT PEOPLE INC
    4450 TIFFANY DR S
    WEST PALM BEACH,FL33407     		NONE PUBLIC GENERAL FUNDING 2,500
    WELLINGTON CARES
    11924 FOREST HILL BLVD
    WELLINGTON,FL33414     		NONE PUBLIC GENERAL FUNDING 15,000
    WELLINGTON COMMUNITY FOUNDATION INC
    12794 FOREST HILL BLVD
    WELLINGTON,FL33414     		NONE PUBLIC GENERAL FUNDING 10,000
    WEST PALM BEACH CENTER FOR ARTS & TECH
    PO BOX 3952
    WEST PALM BEACH,FL33402     		NONE PUBLIC GENERAL FUNDING 30,000
    WEST PALM BEACH POLICE FOUNDATION
    PO BOX 851
    WEST PALM BEACH,FL33402     		NONE PUBLIC GENERAL FUNDING 5,000
    WHEELS FROM THE HEART
    1088 S ROGERS CIRCLE
    BOCA RATON,FL33487     		NONE PUBLIC GENERAL FUNDING 10,000
    WOMEN WITHOUT WALLS EMPOWERMENT
    502 S CONGRESS AVENUE
    WEST PALM BEACH,FL33409     		NONE PUBLIC GENERAL FUNDING 2,500
    WOMEN'S CIRLCE INC
    912 SE 4TH ST
    BOYNTON BEACH,FL33435     		NONE PUBLIC GENERAL FUNDING 5,000
    WOUNDED VETERANS RELIEF FUND
    300 PROSPERITY FARMS RD
    NORTH PALM BEACH,FL33408     		NONE PUBLIC GENERAL FUNDING 20,000
    YMCA OF THE PALM BEACHES
    2085 SOUTH CONGRESS AVENUE
    PALM SPRINGS,FL33406     		NONE PUBLIC GENERAL FUNDING 668
    YOUTH EMPOWERED TO PROSPER
    1104 N DIXIE HWY
    LAKE WORTH,FL33460     		NONE PUBLIC GENERAL FUNDING 2,500
    Total .................................bullet 3a 5,504,477
    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 ...........     		         
    4 Dividends and interest from securities....     14 3,515,352  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 8,483,127  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 PARTNERSHIP INCOME     		  19,124 14 540,157  
    bK-1 PARTNERSHIP INCOME     14 1,085,325  
    cFOREIGN CURRENCY LOSS     14 -49  
    dMISCELLANEOUS INCOME     01 17,273  
    e
    12 Subtotal. Add columns (b), (d), and (e).. 19,124 13,641,185 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    13,660,309
    (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:
    QUANTUM FOUNDATION INC
    EIN:
    59-0812783
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 36,945 2,753   30,300

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

    TY 2020 DepreciationSchedule
    Name:
    QUANTUM FOUNDATION INC
    EIN:
    59-0812783
    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
    COMPUTER EQUIPMENT 2010-06-30 44,986 40,811 SL 5.000000000000 0 0    
    COMPUTER SOFTWARE 2010-01-01 37,188 37,188 SL 3.000000000000 0 0    
    OFFICE EQUIPMENT 2008-06-30 51,557 51,557 SL 5.000000000000 0 0    
    INTERIORS 2008-06-30 29,643 29,643 SL 7.000000000000 0 0    
    FURNITURE 2007-06-30 201,896 200,050 SL 7.000000000000 0 0    
    FIXTURES 2008-06-30 33,177 33,177 SL 7.000000000000 0 0    
    COMPUTER EQUIPMENT 2013-06-30 2,753 2,753 SL 5.000000000000 0 0    
    EQUIPMENT 2013-06-30 3,500 3,500 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 2014-06-30 2,940 2,940 SL 5.000000000000 0 0    
    EQUIPMENT 2014-06-30 12,323 12,323 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 2015-06-30 4,527 4,527 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 2016-06-30 12,004 11,192 SL 5.000000000000 812 0    
    COMPUTER EQUIPMENT 2017-01-01 7,376 4,425 SL 5.000000000000 1,475 0    
    OFFICE EQUIPMENT 2017-01-01 7,621 4,636 SL 5.000000000000 1,524 0    
    COMPUTER EQUIPMENT 2018-04-01 5,504 1,863 SL 5.000000000000 1,101 0    
    COMPUTER EQUIPMENT 2019-06-30 5,445 1,499 SL 5.000000000000 1,089 0    
    EQUIPMENT 2020-06-30 8,680   SL 5.000000000000 6,960 0    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    QUANTUM FOUNDATION INC
    EIN:
    59-0812783
    Name of Stock End of Year Book Value End of Year Fair Market Value
    DEVELOPING MARKET OPPENHEIMER 5,184,848 5,184,848
    FIXED INCOME:ARTISAN 6,132,795 6,132,795
    FIXED INCOME:UBS FIXED INCOME PORTFOLIO 5,655,128 5,655,128
    LARGE CAP:MFS LARGE CAP VALUE 7,602,042 7,602,042
    LARGE CAP:VANGUARD ETF FUND 6,654,405 6,654,405
    SMALL MIDCAP:APEX 6,421,823 6,421,823
    SMALL MIDCAP:ATLANTA 12,329,435 12,329,435
    SMALL MIDCAP:DREYFUS/BOSTON 7,110,866 7,110,866
    UNREALIZED APPRECIATION 32,273,008 32,273,008
    INTERNATIONAL INVESTMENTS WILLIAM BLAIR EM MKT 2,838,237 2,838,237
    LARGE CAP BAHL & GAYNOR 6,710,876 6,710,876
    FIXED INCOME:PORTFOLIO HELD FOR SPENDING 468,332 468,332
    LARGE CAP VANGUARD LC GROWTH 3,307,584 3,307,584

    TY 2020 InvestmentsOtherSchedule2
    Name:
    QUANTUM FOUNDATION INC
    EIN:
    59-0812783
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALTERNATIVE ASSETS:COMMONFUND NATURAL RESOURCES FMV 950,041 950,041
    INVESTMENT - 2701 AUSTRALIAN LLC FMV 3,921,747 3,921,747
    ALTERNATIVE ASSETS-STRUCTURED NOTES FMV 25,064,500 25,064,500
    PRIVATE EQUITY: LCN NORTH AMERICAN FUND FMV 1,203,252 1,203,252
    PRIVATE EQUITY: ALTAIR CMBS FMV 1,141,205 1,141,205
    INTERNATIONAL INVESTMENTS MATTHEWS ASIA GROWTH FMV 7,915,955 7,915,955
    PRIVATE EQUITY: LCN N. AMERICAN FUND III FMV 616,389 616,389
    ALTERNATIVE ASSETS ALEAON L/S AT COST 2,000,000 2,000,000
    ALTERNATIVE ASSETS HAWK RIDGE L/S AT COST 2,000,000 2,000,000
    ALTERNATIVE ASSETS PALMER SQUARE AT COST 2,500,000 2,500,000
    ALTERNATIVE ASSETS UBS OPPORTUNISTIC CREDIT AT COST 2,500,000 2,500,000
    INTERNATIONAL INVESTMENTS JOHCM AT COST 5,107,284 5,107,284
    INTERNATIONAL INVESTMENTS WCM AT COST 5,030,257 5,030,257
    LARGE CAP BROWN LCG AT COST 5,026,100 5,026,100

    TY 2020 LandEtcSchedule2
    Name:
    QUANTUM FOUNDATION INC
    EIN:
    59-0812783
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER EQUIPMENT 44,986 40,811 4,175  
    COMPUTER SOFTWARE 37,188 37,188 0  
    OFFICE EQUIPMENT 51,557 51,557 0  
    INTERIORS 29,643 29,643 0  
    FURNITURE 201,896 200,050 1,846  
    FIXTURES 33,177 33,177 0  
    COMPUTER EQUIPMENT 2,753 2,753 0  
    EQUIPMENT 3,500 3,500 0  
    COMPUTER EQUIPMENT 2,940 2,940 0  
    EQUIPMENT 12,323 12,323 0  
    COMPUTER EQUIPMENT 4,527 4,527 0  
    COMPUTER EQUIPMENT 12,004 12,004 0  
    COMPUTER EQUIPMENT 7,376 5,900 1,476  
    OFFICE EQUIPMENT 7,621 6,160 1,461  
    COMPUTER EQUIPMENT 5,504 2,964 2,540  
    COMPUTER EQUIPMENT 5,445 2,588 2,857  
    EQUIPMENT 8,680 6,960 1,720  


    TY 2020 LegalFeesSchedule
    Name:
    QUANTUM FOUNDATION INC
    EIN:
    59-0812783
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 7,847 585   6,435


    TY 2020 OtherExpensesSchedule
    Name:
    QUANTUM FOUNDATION INC
    EIN:
    59-0812783
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUTOMOBILE 19,800 600   18,600
    BOARD MEETING 6,182 461   5,070
    COMMUNICATIONS 56,588 0   56,588
    COMPUTER AND INTERNET 42,017 3,131   34,460
    CONTINUING EDUCATION 8,552 637   7,014
    DISABILITY INSURANCE 20,577 1,533   16,876
    DUES & SUBSCRIPTIONS 1,819 136   1,492
    GRANT PROGRAM EXPENSE 407,171 0   407,171
    INSURANCE 44,037 3,282   36,116
    K-1 PARTNERSHIP EXPENSES 198,251 198,251   0
    OFFICE EXPENSE 23,596 1,758   19,352
    POSTAGE AND DELIVERY 2,182 163   1,789
    PRINTING & REPRODUCTION 4,093 305   3,356
    WORKERS COMPENSATION INSURANCE 3,690 275   3,026


    TY 2020 OtherIncomeSchedule2
    Name:
    QUANTUM FOUNDATION INC
    EIN:
    59-0812783
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 PARTNERSHIP INCOME 559,281 540,157 559,281
    K-1 PARTNERSHIP INCOME 1,085,325   1,085,325
    FOREIGN CURRENCY LOSS -49 -49 -49
    MISCELLANEOUS INCOME 17,273   17,273


    TY 2020 OtherIncreasesSchedule
    Name:
    QUANTUM FOUNDATION INC
    EIN:
    59-0812783
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 10,617,831


    TY 2020 OtherLiabilitiesSchedule
    Name:
    QUANTUM FOUNDATION INC
    EIN:
    59-0812783
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED EXCISE TAXES 492,027 559,950


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    QUANTUM FOUNDATION INC
    EIN:
    59-0812783
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 434,143 434,143   0


    TY 2020 TaxesSchedule
    Name:
    QUANTUM FOUNDATION INC
    EIN:
    59-0812783
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 0 18,874   0
    K-1 FOREIGN TAXES PAID 0 841   0
    PAYROLL TAXES 67,262 5,012   55,165
    EXCISE TAXES 328,021 0   0