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
HARDY LANE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)6000 EXECUTIVE BLVD NO 600
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NORTH BETHESDA, MD20852
A Employer identification number

27-4970024
B Telephone number (see instructions)

(202) 728-7130
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$15,291,372J 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... 355,785 355,785  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -5,155,430
b Gross sales price for all assets on line 6a 6,984,932
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 27,725 12,806  
12 Total. Add lines 1 through 11........ -4,771,920 368,591  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 56,337 28,168   28,169
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 1,237 618   619
16a Legal fees (attach schedule)......... Click to see attachment 33,851 33,851   0
b Accounting fees (attach schedule)....... Click to see attachment 10,000 10,000   0
c Other professional fees (attach schedule).... Click to see attachment 123,058 123,058   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 64,329 489   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 219 109   110
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 209,706 209,706   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 498,737 405,999   28,898
25 Contributions, gifts, grants paid....... 1,318,605 1,318,605
26 Total expenses and disbursements. Add lines 24 and 25 1,817,342 405,999   1,347,503
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -6,589,262
b Net investment income (if negative, enter -0-) 0
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.............      
2 Savings and temporary cash investments......... 750,185 3,076,530 3,076,530
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..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,124,680 Click to see attachment498,983 543,577
b Investments—corporate stock (attach schedule)....... 11,097,193 Click to see attachment2,570,845 3,454,078
c Investments—corporate bonds (attach schedule)....... 1,582,415 Click to see attachment500,614 534,494
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 9,970,903 Click to see attachment6,618,642 7,633,869
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment92,024 Click to see attachment48,824 Click to see attachment48,824
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 24,617,400 13,314,438 15,291,372
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
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........ 11,978,968 11,978,968
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 12,638,432 1,335,470
29 Total net assets or fund balances (see instructions)..... 24,617,400 13,314,438
30 Total liabilities and net assets/fund balances (see instructions). 24,617,400 13,314,438
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
24,617,400
2
Enter amount from Part I, line 27a .....................
2
-6,589,262
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,516
4
Add lines 1, 2, and 3 ..........................
4
18,029,654
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,715,216
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
13,314,438
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 SALE OF SECURITIES FROM BROKERAGE ACCTS P   2020-12-31
b SALE OF SECURITIES FROM BROKERAGE ACCTS P   2020-12-31
c OTHER CAPITAL GAINS P   2020-12-31
d ATLAS POINT PRIVATE CREDIT OPP. FUND LLC P    
e ATLAS POINT PRIVATE CREDIT OPP. FUND LLC P    
ALFRED I TAUBER CRT INVESTMENT FUND LP P    
STEPSTONE ATLAS OPP. FUND II LP P    
STEPSTONE ATLAS OPP. FUND II LP P    
ALFRED TAUBER CRT INVESTMENT LLC P    
ALFRED I TAUBER CRT INVESTMENT FUND LP P    
HFZ RB MEMBER PORTFOLIO INVESTMENT P    
IMMUNARRAY STOCK P    
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 1,511,608   1,490,776 20,832
b 5,362,908   5,036,227 326,681
c 83,646     83,646
d     3 -3
e 596     596
50     50
1,229     1,229
889     889
    210 -210
    458 -458
    2,631,171 -2,631,171
    2,981,517 -2,981,517
24,006     24,006
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       20,832
b       326,681
c       83,646
d       -3
e       596
      50
      1,229
      889
      -210
      -458
      -2,631,171
      -2,981,517
      24,006
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 -5,155,430
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 0
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 0
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 0
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 26,800
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 26,800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 26,800
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet26,800 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)
    bullet
    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 addressbulletN/A
    14
    The books are in care ofbulletJAY GROSSMAN Telephone no.bullet (301) 231-8334

    Located atbullet6000 EXECUTIVE BLVD STE 600NORTH BETHESDAMD ZIP+4bullet20852
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletIS
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ALFRED I TAUBER DIRECTOR/PRESIDENT
    20.00     		56,337 0 0
    22 HARDY LANE
    BOSCAWEN,NH03303
    SHARON L HALL SECRETARY
    1.00     		0 0 0
    6000 EXECUTIVE BOULEVARD 600
    NORTH BETHESDA,MD20852
    JAY H GROSSMAN TREASURER
    5.00     		0 0 0
    6000 EXECUTIVE BOULEVARD 600
    NORTH BETHESDA,MD20852
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    TAUBER FAMILY OFFICE LLC ADMINISTRATIVE SUPPORT SERVICES 102,192
    354 DOWNS BLVD 106
    FRANKLIN,TN37064
    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
    19,712,686
    b
    Average of monthly cash balances.......................
    1b
    2,863,806
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    22,576,492
    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
    22,576,492
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    338,647
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    22,237,845
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,111,892
    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
    1,111,892
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,111,892
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,111,892
    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
    1,111,892
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,347,503
    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
    1,347,503
    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
    1,347,503
    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 1,111,892
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019...... 337,335
    fTotal of lines 3a through e........ 337,335
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,347,503
    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..... 1,111,892
    e Remaining amount distributed out of corpus 235,611
    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 5 572,946
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		572,946
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019.... 337,335
    e Excess from 2020.... 235,611
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN FRIENDS OF KISHORIT
    PO BOX 370362
    WEST HARTFORD,CT06137     		NONE PUBLIC CHARITY GENERAL SUPPORT 500,000
    AMERICAN SOCIETY OF THE UNIVERSITY OF HAIFA
    80 BROAD STREET SUITE 2102
    NEW YORK,NY10004     		NONE PUBLIC CHARITY GENERAL SUPPORT 530,272
    JEWISH FEDERATION OF SILICON VALLEY
    14855 OKA ROAD 200
    LOS GATOS,CA95032     		NONE PUBLIC CHARITY GENERAL SUPPORT 10,000
    MIDDLE EAST PEACE DIALOGUE NETWORK
    PO BOX 943
    ATCO,NJ08004     		NONE PUBLIC CHARITY GENERAL SUPPORT 75,000
    NEW ISRAEL FUND
    PO BOX 70358
    PHILADELPHIA,PA19176     		NONE PUBLIC CHARITY GENERAL SUPPORT 160,000
    THE NATIONAL LIBRARY OF ISRAEL
    80 BROAD STREET
    NY,NY10036     		NONE PUBLIC CHARITY GENERAL SUPPORT 33,333
    US FRIENDS OF YAD EZRAH
    12A NORTH AIRMONT ROAD
    SUFFERN,NY10901     		NONE PUBLIC CHARITY GENERAL SUPPORT 10,000
    Total .................................bullet 3a 1,318,605
    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....     14 355,785  
    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..... 900099 1,282 18 26,443  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -5,155,430  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 1,282 -4,773,202 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -4,771,920
    (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:
    HARDY LANE FOUNDATION INC
    EIN:
    27-4970024
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING AND BOOKKEEPING 10,000 10,000   0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    HARDY LANE FOUNDATION INC
    EIN:
    27-4970024
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GENERAL MILLS INC 3,947 4,356
    PROCTER & GAMBLE CO/THE 4,996 5,375
    MERICAN EXPRESS CO 3,978 4,332
    HEVRON CORP 3,982 4,254
    COCA-COLA CO/THE 4,960 5,253
    TARBUCKS CORP 3,995 4,225
    JPMORGAN CHASE & CO 3,152 3,155
    VISA INC 5,049 5,232
    GENERAL ELECTRIC CO 5,006 5,212
    USD SHELL INTL FIN 5,012 5,174
    CITIGROUP INC 5,015 5,498
    KROGER CO 5,013 5,180
    APPLE INC 5,023 5,177
    BP CAPITAL MARKETS PLC 5,042 5,187
    MORGAN STANLEY 5,073 5,361
    WELLS FARGO & COMPANY 4,069 4,367
    BANK OF NY MELLON CORP 4,204 4,391
    EXXON MOBIL CORPORATION 5,063 5,393
    TARGET CORP 5,141 5,138
    ASTRAZENECA PLC 4,496 4,490
    UNITED TECHNOLOGIES CORP 4,456 4,588
    WALMART INC 3,386 3,397
    PAYPAL HOLDINGS INC 5,193 5,224
    INTEL CORP 4,379 4,448
    ENTERPRISE PRODUCTS OPER 4,444 4,479
    GOLDMAN SACHS GROUP INC 4,145 4,410
    ANTHEM INC 5,081 5,348
    UNITEDHEALTH GROUP INC 5,044 5,330
    ORACLE CORP 4,133 4,378
    COMCAST CORP 4,406 4,401
    PFIZER INC 4,048 4,315
    PEPSICO INC 5,092 5,456
    GILEAD SCIENCES INC 5,078 5,137
    FISERV INC 1,112 1,120
    CISCO SYSTEMS INC 4,044 4,040
    MICROSOFT CORP 2,001 2,173
    LOWE'S COMPANIES INC 4,050 4,085
    MORGAN STANLEY 1,023 1,103
    MORGAN STANLEY 1,027 1,113
    APPLE INC 2,004 2,152
    JPMORGAN CHASE & CO 2,031 2,201
    SOUTHERN CO 1,000 1,008
    AMERICAN EXPRESS CREDIT 1,000 1,005
    CAPITAL ONE CC TR SER 2016 5A 95,832 100,903
    COMCAST CORP NEW SR GLBL 9,839 11,282
    COMCAST CORP NEW SR GLBL NT 18,844 22,329
    DEERE JOHN CAP CORP MTNS FR 19,490 21,012
    ORACLE CORP SR BD 30,339 32,837
    PRAXAIR INC NT 19,206 20,503
    SCHWAB CHARLES CORP NEW SR GLBL 35,328 39,172
    STRYKER CORP SR GLBL 19,964 22,607
    STRYKER CORP SR GLBL NT 10,197 11,156
    ENTERPRISE PRODUCTS OPER 1,001 1,120
    ITIGROUP INC 1,965 2,218
    MORGAN STANLEY 1,109 1,113
    RACLE CORP 1,999 2,197
    LOCKHEED MARTIN CORP 4,023 4,084
    TOTAL CAPITAL INTL SA 4,007 4,047
    TORONTO-DOMINION BANK 3,953 4,020
    WALT DISNEY COMPANY/THE 4,001 4,007
    VERIZON COMMUNICATIONS 2,127 2,243
    HOME DEPOT INC 6,227 6,820
    ANHEUSER-BUSCH INBEV WOR 1,035 1,235
    AT&T INC 1,985 2,223
    ABBVIE INC 2,248 2,398
    INTEL CORP SR NT 20,384 20,444
    WALMART INC 2,002 2,356
    ORONTO-DOMINION BANK 1,996 2,007
    GOLDMAN SACHS GROUP INC 1,015 1,136
    OLDMAN SACHS GROUP INC 989 1,136
    SHELL INTERNATIONAL FIN 1,105 1,184
    FISERV INC 1,110 1,120
    WELLS FARGO & COMPANY 2,015 2,116
    VS HEALTH CORP 1,986 2,380
    COMCAST CORP 1,899 2,305
    BP CAPITAL MARKETS PLC 1,001 1,123

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    HARDY LANE FOUNDATION INC
    EIN:
    27-4970024
    Name of Stock End of Year Book Value End of Year Fair Market Value
    HO.NEYWELL INTL INC DEL 3,787 4,893
    ILL.INOIS TOOL WORKS INC 3,145 3,874
    JOHNSON AND JOHNSON COM 1,371 1,416
    JPM. ORGAN CHASE & CO 5,954 9,022
    HO.ME DEPOT INC 6,634 9,031
    EVERSOURCE ENERGY COM 902 952
    CR.OWN CASTLE REIT INC 5,522 7,004
    EA.TON CORP PLC 2,383 2,763
    LOCKHEED MARTIN CORP 5,671 6,745
    COMCAST CORP NEW CL A 2,950 3,720
    CO.CA COLA COM 2,122 2,303
    CIS. CO SYSTEMS INC COM 4,748 6,176
    CH.EVRON CORP 4,699 4,223
    BROADCOM LTD 5,662 7,443
    BL.ACKROCK INC 5,315 7,937
    EL.I LILLY & CO 3,618 4,559
    LYO. NDELLBASELL INDUSTRIE 724 825
    PA.YCHEX INC 4,208 6,057
    MC. DONALDS CORP COM 5,010 5,579
    TR.UIST FINL CORP 5,720 6,806
    TE.XAS INSTRUMENTS 7,011 10,176
    STARBUCKS CORP 4,730 7,168
    SE.MPRA ENERGY 4,228 4,459
    RE.ALTY INCM CRP MD PV$1. 2,104 2,114
    QU.ALCOMM INC 5,475 6,703
    AU.TOMATIC DATA PROC 4,653 5,638
    PROLOGIS INC 4,002 4,086
    PR.OCTER & GAMBLE CO 3,681 3,896
    PN.C FINCL SERVICES GROUP 4,209 4,768
    PHILLIPS 66 SHS 1,975 1,749
    PE.PSICO INC 7,008 8,305
    NE.XTERA ENERGY INC SHS 8,286 12,344
    MONDELEZ INTERNATIONAL 5,957 6,373
    MI.CROSOFT CORP 5,305 8,674
    ME. RCK AND CO INC SHS 7,864 8,098
    MEDTRONIC PLC SHS 4,415 5,388
    MA. RSH & MCLENNAN COS INC 4,215 5,031
    AMGEN INC COM 2,297 2,529
    INT. EL CORP 6,266 8,370
    AIR. PRODUCTS&CHEM 5,932 7,377
    CO.MCAST CORP NEW CL A 8,909 9,170
    CO.CA COLA COM 4,589 5,155
    CIS. CO SYSTEMS INC COM 6,454 9,084
    CIN. N FINCL CRP OHIO 4,381 5,941
    CHEVRON CORP 7,502 7,178
    BL.ACKROCK INC 8,818 13,709
    BE.RKSHIRE HATHAWAYINC 13,106 15,767
    DIA. GEO PLC SPSD ADR NEW 8,488 10,481
    APPLE INC 10,347 16,984
    AIR PRODUCTS&CHEM 10,017 9,836
    NEXTERA ENERGY INC COM 12,442 19,133
    AMERICAN WTR WKS CO INC NEW COM 11,458 13,659
    AMERICAN ELEC PWR INC COM 14,893 13,740
    XILINX INC COM 4,845 9,782
    VISA INC COM CL A 21,520 39,371
    TWILIO INC CL A 7,532 9,478
    AL.TRIA GROUP INC 8,757 7,339
    AM. ERICAN TOWER REIT INC 1,528 1,571
    DIA. GEO PLC SPSD ADR NEW 9,030 8,723
    FR.ANKLIN RES INC 4,155 3,724
    AB.BVIE INC SHS 5,222 6,643
    ABBOTT LABS 3,447 5,037
    VERIZON COMMUNICATNS COM 9,078 9,283
    UN.ITED PARCEL SVC CL B 10,624 11,788
    TE.XAS INSTRUMENTS 11,694 14,772
    TA.RGET CORP COM 6,665 10,768
    PHILIP MORRIS INTL INC 6,802 6,623
    FASTENAL COMPANY 6,615 8,496
    PF.IZER INC 7,601 8,798
    NO.RFOLK SOUTHERN CORP 7,623 12,356
    NINTENDO LTD ADR 8,785 10,065
    MI.CROSOFT CORP 7,645 13,123
    ME. RCK AND CO INC SHS 7,941 9,898
    LO.WE'S COMPANIES INC 9,667 13,162
    JOHNSON AND JOHNSON COM 12,424 13,535
    UN.ITED PARCEL SVC CL B 1,192 1,179
    PA.YCHEX INC 5,604 8,386
    US BANCORP 3,310 3,354
    CE.RIDIAN HCM HLDG INC 2,895 3,623
    WE. C ENERGY GROUP INC SHS 3,883 4,694
    DISNEY (WALT) CO COM STK 9,080 12,864
    DE.ERE CO 10,052 13,453
    CO.LGATE PALMOLIVE 4,744 5,302
    CIS. CO SYSTEMS INC COM 5,293 5,862
    CERNER CORP COM 5,116 5,651
    BO.EING COMPANY 12,082 15,198
    AU.TOMATIC DATA PROC 2,048 2,467
    AU.TODESK INC DEL PV$0.01 13,167 18,931
    AM. AZON COM INC COM 23,087 26,055
    AL.PHABET INC SHS CL A 8,580 10,516
    AL.PHABET INC SHS CL C 8,603 10,511
    ALIBABA GROUP HOLDING LT 18,723 16,524
    XIL.INX INC 1,609 2,410
    WE. X INC 2,398 3,867
    WA. TERS CORP 2,143 2,722
    WA. BTEC 2,377 3,148
    W .R BERKLEY CORP 3,314 3,852
    VIS. TEON CORP COM STK 976 2,008
    VERISK ANALYTICS INC 3,893 4,775
    EX.PEDITORS INTL WASH INC 7,297 8,179
    VA.RIAN MEDICAL SYS INC 2,488 3,325
    FA.CEBOOK INC 17,139 19,941
    ILL.UMINA INC COM 6,534 7,400
    BARRICK GOLD CORPORATION 56,505 45,560
    YUM CHINA HOLDINGS INC 2,831 3,197
    YU.M BRANDS INC 3,714 4,560
    WO. RKDAY INC CL A 4,172 5,032
    VIS. A INC CL A SHRS 18,293 20,561
    ST.ARBUCKS CORP 7,345 9,200
    SE.I INVT CO PA PV $0.01 4,744 5,057
    SCHLUMBERGER LTD 3,496 3,929
    SA.LESFORCE COM INC 13,623 13,352
    RO.CHE HLDG LTD SPN ADR 8,785 8,987
    RE.GENERON PHARMACTCLS 10,643 9,179
    QUALCOMM INC 6,842 9,902
    OR.ACLE CORP $0.01 DEL 12,308 13,650
    NV.IDIA 14,465 16,710
    NO.VO NORDISK A S ADR 3,132 3,213
    NO.VARTIS ADR 10,991 11,709
    MO. NSTER BEVERAGE SHS 10,085 12,670
    MICROSOFT CORP 12,962 14,457
    INT. UITIVE SURGICAL INC 4,019 4,909
    FA.CTSET RESH SYS INC 4,893 5,320
    TE.RMINIX GLOBAL HLDGS 1,512 2,499
    TE.LEFLEX INC 2,992 3,704
    TE.CONNECTIVITY LTD 3,779 5,690
    GIL. DAN ACTIVEWEAR INC 1,335 2,129
    FR.ONTDOOR INC 1,065 1,356
    FLE. X LTD 1,889 3,488
    FID. ELITY NATL INFO SVCS 2,469 2,688
    EL.ANCO ANIMAL HEALTH INC 1,272 1,503
    CR.OWN CASTLE REIT INC 3,952 3,980
    COSTAR GROUP INC COM 2,719 3,697
    CO.OPER COS INC COM NEW 3,129 3,633
    CIM. PRESS PLC 1,317 1,667
    TEXAS INSTRUMENTS INC COM 10,739 14,279
    CB.OE GLOBAL MARKETS INC 1,257 1,304
    CA.TALENT INC SHS 2,169 3,434
    CARMAX INC 2,449 3,212
    BR.OADRIDGE FINL 3,645 5,056
    BO.STON SCIENTIFIC CORP 4,426 4,314
    AT.LASSIAN CORP PLC 2,946 4,444
    AO.N PLC REG SHS 4,443 4,859
    AM. DOCS LIMITED 3,497 4,256
    ALLIANT ENERGY CORP 2,839 2,680
    GL.OBAL PMTS INC GEORGIA 4,730 6,463
    GODADDY INC SHS CL A 4,205 5,226
    ICU. MEDICAL INC 2,479 2,788
    ING. ERSOLL-RAND PLC 1,953 2,734
    ST.ERIS PLC REG SHS 4,132 4,928
    SS. AND C TECHNOLOGIES 4,449 6,184
    SENSATA TECHNOLOGIES 2,836 4,061
    SE.ALED AIR CORP (NEW) 2,431 3,434
    SC.HWAB CHARLES CORP NEW 1,902 2,864
    RY.ANAIR HOLDINGS PLC SHS 1,573 2,640
    RIT. CHIE BROS AUCTIONEERS 3,388 5,147
    RE.XNORD CORP NEW 2,488 3,752
    PRA HEALTH SCIENCES INC 1,719 2,132
    VE.RIZON COMMUNICATNS COM 4,253 4,465
    PE.RKINELMER INC COM 2,669 4,162
    NIC. E LTD ADR 4,765 7,372
    NE.UROCRINE BIOSCNCE INC 1,965 1,917
    NA.TL INSTRUMENTS CORP 2,046 2,505
    MS. CI INC 1,523 2,233
    MICROCHIP TECHNOLOGY INC 3,980 6,077
    LP.L FINANCIAL HOLDINGS 3,194 5,315
    LA.MAR ADVERTISING CO-A 2,216 3,329
    LA.M RESEARCH CORP COM 2,707 4,250
    KL.A CORP 3,824 5,955
    ON. SEMICONDUCTOR CRP COM 2,913 5,466
    TEMENOS AG SPONSORED ADR 3,738 3,497
    CROWN CASTLE REIT INC 8,644 10,188
    SYNOPSYS INC COM 10,301 13,999
    LVMH MOET HENNESSY LOU VUITTON ADR 4,496 8,377
    INTERCONTINENTAL HOTELS GROUP PLC 4,410 4,428
    HOME DEPOT INC COM 15,901 22,578
    FIVE BELOW INC COM 3,660 6,299
    DOMINOS PIZZA INC COM 6,061 8,436
    DOLLAR TREE INC COM 11,052 12,749
    DOLLAR GEN CORP NEW COM 8,237 16,824
    CONTINENTAL AG SPONSORED ADR 7,024 6,543
    LAS VEGAS SANDS CORP COM 5,231 4,351
    COMPASS GROUP PLC SPONSORED ADR 4,485 4,285
    AUTOZONE INC COM 11,242 17,782
    ALIBABA GROUP HLDG LTD SPONSORED ADS 5,862 7,680
    APTIV PLC COM NEW 7,416 10,944
    UBISOFT ENTMT SA ADR 3,876 5,576
    TENCENT HLDGS LTD ADR 6,554 9,747
    T MOBILE US INC COM 13,974 28,319
    LIBERTY BROADBAND CORP COM SER C 3,927 5,068
    TAIWAN SEMICONDUCTOR MFG CO LTD 2,862 8,505
    CARTER INC COM 7,189 6,209
    MARRIOTT INTERNATIONAL CL A 8,843 8,971
    MERCADOLIBRE INC COM 602 3,350
    NEW ORIENTAL ED & TECH GRP INC SPON 1,144 3,345
    ROYAL DUTCH SHELL PLC ADR B 6,618 3,798
    PIONEER NAT RES CO COM 12,729 9,225
    CHEVRON CORP NEW COM 12,124 8,952
    SPROUTS FMRS MKT INC COM 5,733 4,724
    SEVEN & I HLDGS CO LTD ADR 3,682 3,473
    PEPSICO INC COM 15,516 19,576
    MONSTER BEVERAGE CORP NEW COM 6,984 10,635
    MONDELEZ INTL INC COM 18,486 20,757
    FOMENTO ECONOMICO MEXICANO SAB SPON 3,778 3,258
    DIAGEO PLC SPONSORED ADR NEW 5,284 5,558
    CHURCH & DWIGHT INC COM 5,661 9,072
    BROWN FORMAN CORP CL B 3,562 5,242
    YUM CHINA HLDGS INC COM 4,801 6,908
    VF CORP COM 8,901 12,214
    TRACTOR SUPPLY CO COM 6,368 10,684
    TJX COS INC NEW COM 15,363 21,170
    SONY CORP AMERN SH NEW 3,751 5,965
    ROSS STORES INC COM 6,085 9,702
    O REILLY AUTOMOTIVE INC NEW COM 6,002 9,504
    COMCAST CORP CL A 7,018 13,519
    WASTE MANAGEMENT INC COM 17,151 18,869
    VESTAS WIND SYS AS UTD KINGDOM UNSP 2,369 6,704
    UNION PAC CORP COM 12,181 20,197
    PENTAIR PLC SHS 3,040 3,716
    IHS MARKIT LTD SHS 6,951 11,858
    SYMRISE AG ADR 4,228 6,366
    LIVENT CORP COM 3,139 4,842
    FMC CORP COM NEW 7,092 10,688
    ECOLAB INC COM 14,713 18,823
    CROWN HLDGS INC COM 6,473 12,325
    BHP GROUP LIMITED 5,861 7,645
    BERRY GLOBAL GROUP INC. 7,257 8,148
    ASHLAND GLOBAL HLDGS INC COM 3,886 4,277
    AIR LIQUIDE ADR 4,397 6,308
    LINDE PLC COM 14,268 21,871
    STEPSTONE ATLAS OPPORTUNITIES FUND II LP 55,000 51,545
    ATLAS POINT PRIVATE CREDIT OPPORTUNITIES FUND, LLC 30,863 80,955
    AMETEK INC NEW COM 4,962 8,224
    SUNCOR ENERGY INC NEW COM 5,351 2,903
    ASSA ABLOY AB ADR 4,327 5,030
    CANADIAN NATL RY CO COM 3,321 4,394
    TRANSUNION COM 7,633 11,609
    SIEMENS A G SPONSORED ADR 4,828 5,608
    ROPER TECHNOLOGIES, INC. 22,534 31,901
    RITCHIE BROS AUCTIONEERS COM 2,795 5,703
    REXNORD CORP NEW COM 5,961 7,582
    RAYTHEON TECHNOLOGIES CORP COM 19,426 19,236
    OTIS WORLDWIDE CORP COM 9,651 11,956
    NIDEC CORP SPONSORED ADR 4,846 8,486
    MASCO CORP COM 5,537 7,690
    L3 HARRIS TECHNOLOGIES INC 6,818 6,238
    KANSAS CITY SOUTHERN COM 4,978 8,573
    IDEX CORP COM 5,784 8,964
    IAA INC COM 5,444 9,032
    HUBBELL INC COM 4,221 6,272
    HONEYWELL INTERNATIONAL INC COM 20,898 30,629
    FANUC LTD JAPAN ADR 4,247 5,428
    DAIKIN INDS LTD ADR 4,684 8,769
    COSTAR GROUP INC COM 4,185 9,243
    CINTAS CORP COM 5,520 7,423
    BAE SYS PLC SPONSORED ADR 4,053 4,009
    CHUBB LTD COM 4,280 5,079
    DISNEY WALT CO COM 10,669 15,038
    AMERIPRISE FINL INC COM 10,197 13,603
    CISCO SYS INC COM 21,337 24,657
    CADENCE DESIGN SYSTEM INC COM 10,781 17,190
    CDW CORP COM 7,278 8,171
    AUTOMATIC DATA PROCESSING INC COM 7,386 13,391
    AUTODESK INC COM 10,769 25,038
    ANSYS INC COM 8,481 17,462
    ANALOG DEVICES INC COM 11,495 18,319
    AMPHENOL CORP CL A 10,311 14,777
    AMADEUS IT HLDG S A ADS 7,743 8,089
    ADOBE INC. 11,679 24,006
    ASML HOLDING N V NYREGISTRY SHS 3,887 9,754
    MARVELL TECHNOLOGY GROUP LTD 6,102 11,315
    GENPACT LIMITED SHS 11,612 13,814
    ZOETIS INC CL A 13,995 19,860
    UNITEDHEALTH GROUP INC COM 19,708 36,120
    THERMO FISHER CORP COM 10,040 22,823
    TELEFLEX INC COM 7,873 11,524
    TELADOC HEALTH 5,508 8,598
    SYSMEX CORP ADR 5,704 7,626
    CITRIX SYS INC COM 3,441 4,814
    STRYKER CORP COM 12,162 17,888
    DYNATRACE INC COM 6,509 7,572
    ENTEGRIS INC COM 5,217 8,169
    SPLUNK INC COM 7,262 6,286
    SMARTSHEET INC COM CL A 9,606 12,611
    SKYWORKS SOLUTIONS INC COM 5,646 8,714
    SALESFORCE COM INC COM 8,929 15,577
    QUALCOMM INC COM 11,008 26,660
    PTC INC COM 10,309 16,865
    MICROCHIP TECHNOLOGY INC COM 11,646 18,783
    AIA GROUP LTD SPONSORED ADR 6,154 8,478
    LAM RESH CORP COM 8,239 18,419
    KEYSIGHT TECHNOLOGIES INC COM 9,236 14,002
    KLA CORPORATION 3,845 6,214
    HEXAGON AB ADR 2,099 3,835
    GLOBAL PMTS INC COM 17,149 26,487
    FLEETCOR TECHNOLOGIES INC COM 7,328 9,276
    FISERV INC COM 13,214 22,430
    FIDELITY NATL INFORMATION SVCS INC 17,571 25,038
    EVERBRIDGE INC COM 9,282 9,391
    EURONET WORLDWIDE INC COM 4,643 6,087
    EPAM SYS INC COM 11,509 29,385
    ENPHASE ENERGY INC COM 3,293 5,440
    SMITH & NEPHEW PLC-SPON ADR 3,584 3,964
    NE.STLE S A REP RG SH ADR 6,930 7,893
    PRA HEALTH SCIENCES INC COM 7,119 9,910
    AMERICAN TOWER CORPORATION 8,369 11,223
    US BANCORP DEL COM NEW 18,195 17,984
    TOKIO MARINE HOLDINGS INC ADR 3,038 3,290
    SCHWAB CHARLES CORP NEW COM 21,673 27,528
    S&P GLOBAL INC COM 12,841 12,492
    PNC FINL SVCS GROUP INC COM 12,705 15,049
    MSCI INC CL A 5,654 13,842
    LONDON STK EXCHANGE GROUP 2,583 5,203
    LLOYDS BANKING GROUP PLC SPONSORED 7,477 6,480
    JULIUS BAER GROUP LTD ADR 5,607 5,516
    JPMORGAN CHASE & CO COM 19,011 26,558
    BANCO SANTANDER SA ADR 10,302 6,469
    BLACKROCK INC COM 12,058 20,203
    INTERCONTINENTAL EXCHANGE, INC COM 20,105 30,667
    BROOKFIELD ASSET MGMT INC VOTING SHS 2,293 3,384
    DBS GROUP HLDGS LTD SPONSORED ADR 4,427 4,623
    DEUTSCHE BOERSE ADR 2,531 3,271
    HDFC BANK LTD ADR REPS 3 SHS 6,561 9,033
    RESMED INC COM 10,811 13,391
    CYRUSONE INC COM 4,364 4,243
    SBA COMMUNICATIONS CORP NEW CL A 11,554 17,210
    BLACKSTONE GROUP INC COM CL A 16,960 22,359
    JAZZ PHARMACEUTICALS PLC SHS USD 5,948 6,767
    NOVARTIS AG SPONSORED ADR 5,214 6,327
    ICON PLC SHS 5,208 7,604
    JOHNSON & JOHNSON COM 22,366 28,958
    HUMANA INC COM 7,082 10,257
    HCA HEALTHCARE INC 6,391 9,703
    GRIFOLS S A SP ADR REP B NVT 3,954 3,504
    EXACT SCIENCES CORP COM 5,630 14,309
    ENCOMPASS HEALTH CORP COM 9,693 13,727
    EDWARDS LIFESCIENCES CORP COM 8,299 15,327
    DANAHER CORP COM 9,797 24,658
    GOODRX HLDGS INC COM CL A 4,421 4,558
    CHARLES RIV LABORATORIES INTL INC 7,039 10,244
    CATALENT INC COM 8,284 8,742
    CIGNA CORP NEW USD 10,406 13,740
    MEDTRONIC PLC SHS 12,889 18,860
    AVANTOR INC COM 7,412 10,669
    ASTRAZENECA PLC SPONSORED ADR 17,502 15,797
    ALEXION PHARMACEUTICALS INC COM 9,423 12,187
    ABBOTT LABORATORIES COM 17,376 22,007
    COOPER COS INC COM NEW 5,172 7,266
    ALCON INC ORD SHS 4,388 5,014

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    HARDY LANE FOUNDATION INC
    EIN:
    27-4970024
    US Government Securities - End of Year Book Value:

    498,983
    US Government Securities - End of Year Fair Market Value:

    543,577
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    HARDY LANE FOUNDATION INC
    EIN:
    27-4970024
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CARMEL INNOVATIONS AT COST 500,000 500,000
    EXIGENT TOTAL RETURN AT COST 1,000,000 1,002,146
    SL4000 CT MEMBER LLC AT COST 245,513 120,038
    TAUBER REAL ESTATE INVESTMENTS LLC AT COST 0 531,726
    CA INNOVATIONS AT COST 300,000 300,000
    OWL ROCK CAPITAL CORP AT COST 2,019,984 1,650,218
    BV INVESTORS AT COST 500,000 500,000
    ALFRED TAUBER CRT INVESTMENT LLC AT COST 0 192,226
    APOLLO EUROP FINANCE AT COST 552,308 648,055
    ALPHABET INC. CLASS A AT COST 0 22,784
    ALPHABET INC. CLASS C AT COST 0 38,541
    AMAZON.COM INC AT COST 0 87,937
    APPLE INC AT COST 0 48,565
    CYTODYN INC AT COST 79,884 80,112
    MICROSOFT CORP AT COST 0 77,180
    INVESCO QQQ TRUST AT COST 300,409 517,985
    SPDR GOLD SHARES ETF AT COST 128,720 137,872
    VANECK VECTORS GOLD AT COST 238,591 222,243
    MATTHEWS PACIFIC TIGER FUND- IS #102 AT COST 382,024 479,247
    ALPS ETF TR CLEAN ENERGY ETF AT COST 80,000 80,150
    CIBC ATLAS INCOME OPPORTUNITIES AT COST 130,685 199,634
    IPATH SELECT MLP ETN AT COST 121,471 70,076
    SPDR GOLD TRUST AT COST 39,053 44,590
    ALFRED I TAUBER CRT INVESMENT FUND, LP AT COST 0 82,544

    TY 2020 LegalFeesSchedule
    Name:
    HARDY LANE FOUNDATION INC
    EIN:
    27-4970024
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 33,851 33,851   0


    TY 2020 OtherAssetsSchedule
    Name:
    HARDY LANE FOUNDATION INC
    EIN:
    27-4970024
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED DIVIDENDS 48,824 48,824 48,824
    SUNSET HOLDBACK DUE 2020 43,200 0 0


    TY 2020 OtherDecreasesSchedule
    Name:
    HARDY LANE FOUNDATION INC
    EIN:
    27-4970024
    Description Amount
    TRANSFER OF CASH AND INVESTMENTS TO RARE ENSEMBLE FOUNDATION INC. 4,249,987
    OTHER COST BASIS ADJUSTMENTS 465,229


    TY 2020 OtherExpensesSchedule
    Name:
    HARDY LANE FOUNDATION INC
    EIN:
    27-4970024
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 1,213 1,213   0
    BOND PREMIUM AMORTIZATION 1,281 1,281   0
    CREDIT CARD EXPENSE 2,899 2,899   0
    CROSS CURRENCY EXCHANGE 114,773 114,773   0
    PASSTHROUGH: INVESTMENT EXPENSE 1,267 1,267   0
    PASSTHROUGH: ROYALTY DEDUCTIONS 8 8   0
    PASSTHROUGH: OTHER ORDINARY DEDUCTIONS/LOSSES 88,265 88,265   0


    TY 2020 OtherIncomeSchedule2
    Name:
    HARDY LANE FOUNDATION INC
    EIN:
    27-4970024
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CLASS ACTION PROCEEDS 114 114 114
    OTHER INCOME 27,611 12,692 27,611


    TY 2020 OtherIncreasesSchedule
    Name:
    HARDY LANE FOUNDATION INC
    EIN:
    27-4970024
    Description Amount
    BOOK/TAX DIFFERENCES 1,516


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    HARDY LANE FOUNDATION INC
    EIN:
    27-4970024
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MGT. FEES 22,104 22,104   0
    MANAGEMENT FEES 100,954 100,954   0


    TY 2020 TaxesSchedule
    Name:
    HARDY LANE FOUNDATION INC
    EIN:
    27-4970024
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 63,840 0   0
    FOREIGN TAXES 489 489   0