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
THE BRUNETTI FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1655 US HIGHWAY 9
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OLD BRIDGE, NJ08857
A Employer identification number

23-7346205
B Telephone number (see instructions)

(732) 679-1600
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$38,983,737J 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) 1,300,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 482,177 482,177  
5a Gross rents............ 3,308,399 3,308,399  
b Net rental income or (loss) 1,494,774
6a Net gain or (loss) from sale of assets not on line 10 -274,688
b Gross sales price for all assets on line 6a 4,910,274
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).......      
12 Total. Add lines 1 through 11........ 4,815,888 3,790,576  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 423,581 423,581   0
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 4,219 4,219   0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 406,067 371,067   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 114,020 114,020  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,298,810 1,298,810   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,246,697 2,211,697   0
25 Contributions, gifts, grants paid....... 1,965,750 1,965,750
26 Total expenses and disbursements. Add lines 24 and 25 4,212,447 2,211,697   1,965,750
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 603,441
b Net investment income (if negative, enter -0-) 1,578,879
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............. 589,153 1,587,437 1,837,437
2 Savings and temporary cash investments......... 207,180 343,629 343,629
3 Accounts receivable bullet39,096
Less: allowance for doubtful accounts bullet   1,626 39,096 39,096
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)      
b Investments—corporate stock (attach schedule)....... 8,333,877 Click to see attachment9,094,064 11,597,211
c Investments—corporate bonds (attach schedule)....... 1,435,117 Click to see attachment160,022 1,538,546
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet1,863,265
Less: accumulated depreciation (attach schedule) bullet567,032 1,402,133 Click to see attachment1,296,233 23,132,788
15 Other assets (describe bullet) Click to see attachment495,030 Click to see attachment495,030 Click to see attachment495,030
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,464,116 13,015,511 38,983,737
Liabilities 17 Accounts payable and accrued expenses.......... 115,192 58,315
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment200,345 Click to see attachment215,176
23 Total liabilities (add lines 17 through 22)......... 315,537 273,491
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........ 12,148,579 12,742,020
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 12,148,579 12,742,020
30 Total liabilities and net assets/fund balances (see instructions). 12,464,116 13,015,511
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
12,148,579
2
Enter amount from Part I, line 27a .....................
2
603,441
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
12,752,020
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
10,000
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
12,742,020
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 CAMPBELL SOUP CO COM   2020-07-29 2020-10-22
b ENERGIZER HLDGS INC NEW COM   2020-01-08 2020-07-13
c KELLOGG CO COM   2020-07-29 2020-11-11
d LIVE OAK ACQUISITION CORP   2020-05-06 2020-06-24
e MFA FINL INC CUM   2020-02-25 2020-12-03
PERSHING SQUARE TONT INE HLDGS   2020-07-22 2020-07-29
STARWOOD PPTY TR INC   2020-04-06 2020-04-09
STARWOOD PPTY TR INC   2020-04-23 2020-06-09
UBS AG AUTOCALL   2020-08-26 2020-12-02
UNILVER NV NEW YORK SHS NEW   2020-01-24 2020-11-03
VIACOMCBS INC   2019-12-12 2020-06-09
VIACOMCBS INC   2020-03-06 2020-06-09
VIACOMCBS INC   2020-04-06 2020-06-09
NEW YORK MTG TR INC   2019-10-11 2020-11-11
NEW YORK MTG TR INC   2019-10-11 2020-11-13
BRUNSWICK CORP   2019-02-26 2020-02-12
BRUNSWICK CORP   2019-02-26 2020-02-13
CANADIAN IMPERIAL BK   2020-05-21 2020-08-25
CHURCH & DWIGHT CO INC   2019-08-19 2020-05-26
INTERNATIONAL BUSINESS SS MACHS CORP   2019-07-26 2020-02-07
TSAKOS ENERGY NAVIGATION LTD CUM RED   2018-06-21 2020-02-26
AMERICAN FINL GROUP INC OHIO SUB   2019-03-11 2020-12-11
BRIGHTHOUSE FINL INC   2018-09-05 2020-02-05
CITIGROUP INC   2016-01-26 2020-11-23
JPMORGAN CHASE   2018-09-17 2020-12-08
MORGAN STANLEY DEPOSTARY SHS   2014-07-07 2020-01-15
NUSTAR ENGERY LP CUMULATIVE   2017-11-27 2020-12-03
QWEST CORP NT EXP   2015-09-10 2020-08-14
SEMPRA ENERGY   2019-06-13 2020-11-19
WHITING PETE CORP COM   2014-10-10 2020-01-24
WHITING PETE CORP COM   2015-01-08 2020-01-24
WHITING PETE CORP COM   2015-08-12 2020-01-24
WHITING PETE CORP COM   2018-11-14 2020-01-24
AT&T INC   2019-12-05 2020-04-13
AT&T INC   2019-12-06 2020-04-13
CAPITAL ONE FINANCIAL CORP   2020-01-28 2020-04-06
METLIFE INC   2020-08-24 2020-09-16
METLIFE INC   2020-08-24 2020-10-13
WELLS FARGO & CO   2020-02-03 2020-06-08
AMERICAN EXPRESS CO   2020-10-05 2020-11-25
ENBRIDGE INC   2020-08-24 2020-11-25
JP MORGAN CHASE & CO   2020-08-24 2020-11-25
METLIFE INC   2020-08-24 2020-09-16
METLIFE INC   2020-08-24 2020-10-13
METLIFE INC   2020-09-14 2020-11-25
PUBLIC STORAGE   2020-07-17 2020-11-25
SEMPRA ENERGY   2020-07-17 2020-11-25
(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 143,363   151,009 -7,646
b 148,086   152,476 -4,390
c 128,991   142,802 -13,811
d 98,994   100,004 -1,010
e 173,917   200,004 -26,087
323,052   300,004 23,048
150,543   110,985 39,558
164,070   119,229 44,841
200,000   200,004 -4
163,462   160,743 2,719
131,377   190,869 -59,492
131,377   108,478 22,899
157,652   85,233 72,419
52,268   64,701 -12,433
109,181   135,302 -26,121
178,300   162,250 16,050
41,181   37,750 3,431
200,000   200,003 -3
211,191   237,011 -25,820
154,293   151,155 3,138
177,943   200,000 -22,057
165,557   150,000 15,557
216,604   200,000 16,604
154,013   150,000 4,013
222,194   200,000 22,194
100,000   102,925 -2,925
126,535   150,000 -23,465
201,317   200,000 1,317
217,826   200,000 17,826
2,370   130,359 -127,989
2,370   62,520 -60,150
4,739   81,005 -76,266
14,218   99,118 -84,900
47,805   50,000 -2,195
23,903   25,286 -1,383
8,760   12,500 -3,740
4,970   4,991 -21
10,000   9,981 19
23,856   25,573 -1,717
19,437   18,508 929
16,120   15,752 368
15,392   14,940 452
4,970   4,991 -21
10,000   9,981 19
15,355   15,155 200
21,600   20,882 718
21,122   20,483 639
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       -7,646
b       -4,390
c       -13,811
d       -1,010
e       -26,087
      23,048
      39,558
      44,841
      -4
      2,719
      -59,492
      22,899
      72,419
      -12,433
      -26,121
      16,050
      3,431
      -3
      -25,820
      3,138
      -22,057
      15,557
      16,604
      4,013
      22,194
      -2,925
      -23,465
      1,317
      17,826
      -127,989
      -60,150
      -76,266
      -84,900
      -2,195
      -1,383
      -3,740
      -21
      19
      -1,717
      929
      368
      452
      -21
      19
      200
      718
      639
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 -274,688
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 21,946
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 21,946
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 21,946
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 36,852
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 36,852
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 14,906
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet14,906 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    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)
    bulletNJ
    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 .Click to see attachment
    8b
     
    No
    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 ofbulletTHE BRUNETTI FOUNDATION Telephone no.bullet (732) 679-1600

    Located atbullet1655 US HIGHWAY 9OLD BRIDGENJ ZIP+4bullet08857
    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
    JOHN J BRUNETTI JR CEO
    1.00     		0 0 0
    2200 E 4TH AVENUE
    HIALEAH,FL33011
    STEPHEN P BRUNETTI MANAGER
    1.00     		0 0 0
    2200 E 4TH AVENUE
    HIALEAH,FL33011
    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
    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
    11,149,850
    b
    Average of monthly cash balances.......................
    1b
    752,823
    c
    Fair market value of all other assets (see instructions)................
    1c
    25,352,949
    d
    Total (add lines 1a, b, and c).........................
    1d
    37,255,622
    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
    37,255,622
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    558,834
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    36,696,788
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,834,839
    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
    1,834,839
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    21,946
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    21,946
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,812,893
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,812,893
    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
    1,812,893
    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
    1,965,750
    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
    1,965,750
    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
    1,965,750
    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 1,812,893
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 1,719,934
    b Total for prior years:2018, 20, 20 51,313
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,965,750
    a Applied to 2019, but not more than line 2a 1,719,934
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		Click to see attachment51,313
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 194,503
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		1,618,390
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    JOHN J BRUNETTI JR
    STEPHEN P BRUNETTI
    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
    UNIVERSITY OF ARIZONA AZ FOUNDATOIN RACE TRACK INDUSTRY
    VARIOUS
    VARIOUS,AZ85721     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 6,000
    SCRIPP HEALTH FOUNDATION
    VARIOUS
    VARIOUS,CA92038     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 25,000
    CALIFORNIA TAX EXEMPT ORGANIZATIONS
    VARIOUS
    VARIOUS,CA92101     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 34,000
    SAN DIEGO COMMUNITY COLLEGE
    VARIOUS
    VARIOUS,CA92101     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 2,500
    WASHINGTON DC TAX EXEMPT ORGANIZATIONS
    VARIOUS
    VARIOUS,DC20090     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 31,000
    SAINT THOMAS UNIVERSITY HUMAN TRAFFIC ACADEMY
    VARIOUS
    VARIOUS,FL33054     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 500,000
    HALO NO-KILL RESCUE
    VARIOUS
    VARIOUS,FL32958     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 1,000
    HEART OF FLORIDA UNITED WAY
    VARIOUS
    VARIOUS,FL32804     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 10,000
    HUMANE SOCIETY OF BROWARD COUNTY
    VARIOUS
    VARIOUS,FL33312     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 4,000
    HUMANE SOCIETY OF MIAMI SOUTH
    VARIOUS
    VARIOUS,FL33189     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 4,000
    AYLA'S ACRES NO-KILL ANIMAL RESCUE
    VARIOUS
    VARIOUS,FL32085     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 1,000
    MIAMI LEARNING EXPERIENCE SCHOOL
    VARIOUS
    VARIOUS,FL33143     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 1,000
    NOVA SOUTHEASTERN UNIVERSITY ATHLETICS
    VARIOUS
    VARIOUS,FL33020     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 5,000
    SECOND HARVEST FOOD BANK
    VARIOUS
    VARIOUS,FL32805     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 10,000
    HUMANE SOCIETY-GREATER MIAMI NORTH
    VARIOUS
    VARIOUS,FL33160     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 4,000
    BUONOCONTI FUND TO CURE PARALYSIS
    VARIOUS
    VARIOUS,FL33011     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 5,000
    SAINT PATRICK CAHTOLIC SCHOOL
    VARIOUS
    VARIOUS,FL33140     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 2,500
    FLORIDA STATE UNIVERSITY ATHLETIC DEPT COACHES CLUBS
    VARIOUS
    VARIOUS,FL33101     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 4,000
    HIALEAH HIGH SCHOOL THOROUGBRED BAND
    VARIOUS
    VARIOUS,FL33101     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 2,500
    MIAMI COUNTRY DAY SCHOOL
    VARIOUS
    VARIOUS,FL33161     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 7,500
    MIAMI SHORES PRESBYTERIAN CHURCH SCHOOL
    VARIOUS
    VARIOUS,FL33138     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 5,000
    FL STATE UNIVERSITY-COLLEGE OF SOCAL SCIENCES
    VARIOUS
    VARIOUS,FL32301     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 7,500
    FLORIDA STATE UNIV FOUNDATION INC
    VARIOUS
    VARIOUS,FL32301     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 10,000
    UNIV OF MIAMI MILLER SCHOOL MED
    VARIOUS
    VARIOUS,FL33101     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 5,000
    SEMINOLE BOOSTERS INC FLORIDA STATE
    VARIOUS
    VARIOUS,FL32302     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 25,000
    SYLVESTER COMPREHENSIVE CANCER CTR
    VARIOUS
    VARIOUS,FL33101     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 55,000
    UNIV OF MIAMI MILLER SCHOOL OF MED
    VARIOUS
    VARIOUS,FL33136     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 25,000
    UNIVERSITY OF FL FOUNDATION NCOLLEGE OF VET MEDICING
    VARIOUS
    VARIOUS,FL33101     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 6,000
    UNIVERSITY OF MIAMI HOSPITAL SOCIETY OF HEALTH CHAMPIONS
    VARIOUS
    VARIOUS,FL33101     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 5,000
    ADPOT A CLASROOM
    VARIOUS
    VARIOUS,FL33101     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 1,000
    WPBT 2
    VARIOUS
    VARIOUS,FL33426     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 25,000
    ANIMAL RESCUE AND SHELTERS THROUGHT OUT FL
    VARIOUS
    VARIOUS,FL33101     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 167,100
    BASCAM PALMER EYE INSTITUTE
    VARIOUS
    VARIOUS,FL33136     		  PC ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 3,000
    WOMEN OF TOMORROW
    VARIOUS
    VARIOUS,FL33166     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 12,500
    FARM SHARE INC
    VARIOUS
    VARIOUS,FL33033     		  EOF ASSIST IN PURPOSE OF CHARITABLE ORGANIZATIONS. 10,000
    FLORIDA TAX EXEMPT ORGANIZATIONS
    VARIOUS
    VARIOUS,FL33031     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 37,000
    LARRY GOLD COAST SUMMER CAMP
    VARIOUS
    VARIOUS,FL33033     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 10,000
    FLORIDIA CHURCHES
    VARIOUS
    VARIOUS,FL33031     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 40,000
    FLORIDA MEDICAL CENTERS AND HOSPITALS
    VARIOUS
    VARIOUS,FL33031     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 101,000
    LITTLE DREAMS FOUNDAITON MIAMI
    VARIOUS
    VARIOUS,FL33137     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 15,000
    WHISPERING MANES THERAEUTIC RIDING CENTER
    VARIOUS
    VARIOUS,FL33183     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 10,000
    RONALD MCDONALD HOUSE CHARITIES - OAK BROOK IL
    VARIOUS
    VARIOUS,IL60126     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 3,000
    PERMANENTLY DISABLED JOCKEY FUND
    VARIOUS
    VARIOUS,IL60126     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 25,000
    GATTON COLLEGE OF BUSINESS & ECONOMICS
    VARIOUS
    VARIOUS,KY40506     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 5,000
    KENTUCKY TAX EXEMPT ORGANIZATIONS
    VARIOUS
    VARIOUS,KY40511     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 27,000
    STONELEIGH BURHAM SCHOOL
    VARIOUS
    VARIOUS,MA01301     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 10,000
    RETIRED RACE HORSE PROJECT
    VARIOUS
    VARIOUS,MD21037     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 5,000
    FATHER FLANAGAN'S BOYS TOWN
    VARIOUS
    VARIOUS,NE68010     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 15,000
    NJ MEDICAL CENTERS FOUNDATIONS AND HOSPITALS
    VARIOUS
    VARIOUS,NJ11432     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 137,000
    BOYS TOWN OF ITALY
    VARIOUS
    VARIOUS,NJ08857     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 10,000
    NJ & FL TAX EXEMPT ORGAIZATIONS - SPB & KB
    VARIOUS
    VARIOUS,NJ08857     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 39,000
    NEW JERSEY CHURCHES
    VARIOUS
    VARIOUS,NJ08857     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 56,000
    NJ TAX EXEMPT ORGAIZATIONS
    VARIOUS
    VARIOUS,NJ08857     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 58,000
    NJ TAX EXEMPT ORGAIZATIONS
    VARIOUS
    VARIOUS,NJ08857     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 61,450
    NEW JERSEY SCHOOLS
    VARIOUS
    VARIOUS,NJ08857     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 70,200
    ST NICHOLAS OF TOLENTINE
    VARIOUS
    VARIOUS,NY11432     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 2,000
    SOUTHAMPTON HOSPITAL FOUNDATION
    VARIOUS
    VARIOUS,NY11968     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 5,000
    NEW YORK TAX EXEMPT ORGAINZATIONS
    VARIOUS
    VARIOUS,NY11968     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 28,500
    NEW YORK PRESBYTERIAN HOSPITAL MED CTR
    VARIOUS
    VARIOUS,NY11432     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 25,000
    NEW YORK SCHOOLS
    VARIOUS
    VARIOUS,NY11432     		  EOF TO SUPPORT THE CAUSE 57,500
    CAMP HILL PRESBYTERIAN CHURCH
    VARIOUS
    VARIOUS,PA17011     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 2,000
    DEPARTMENT OF VETERANS AFFAIRS MEDICAL CENTER
    VARIOUS
    VARIOUS,PA19320     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 1,000
    SAINT JUDE'S CHILDREN RESEARCH HOSPITAL
    VARIOUS
    VARIOUS,TN38105     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 50,000
    UNIV OF TEXAS MD ANDERSON OVARIAN CANCER RESEARCH
    VARIOUS
    VARIOUS,TX78959     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 25,000
    SUSAN G KOMEN BREAST CANCER FOUNDATION
    VARIOUS
    VARIOUS,TX75244     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 2,000
    MILES OF FREEDEOM
    VARIOUS
    VARIOUS,TX75215     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 500
    WASHINGTON TAX EXEMPT ORGANIZATIONS
    VARIOUS
    VARIOUS,UT84741     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 8,000
    VOLUNTEERS OF AMERICA-NATIONAL OFFICE
    VARIOUS
    VARIOUS,VA22314     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 500
    PETA
    VARIOUS
    VARIOUS,VA23510     		  EOF ASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS 2,000
    Total .................................bullet 3a 1,965,750
    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....     14 482,177  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     14 1,494,774  
    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 -274,688  
    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).. 0 1,702,263 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,702,263
    (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.)
    1 INCOME PROVIDED FROM RENTAL PROPERTY FOR PURPOSES OF CONTRIBUTIONS
    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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

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

    23-7346205
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THE BRUNETTI FOUNDATION
          		Employer identification number
    23-7346205
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    JOANN H BRUNETTI
    3900 GALT OCEAN DR SUITE 2701
     
    FORT LAUDERDALE, FL33308

    		$ 200,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    JOHN J BRUNETTI JR
    PO BOX 158
     
    HIALEAH, FL33011

    		$ 100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    STEPHEN P BRUNETTI
    PO BOX 158
     
    HIALEAH, FL33011

    		$ 100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    JOHN J BRUNETTI SR REVOCABLE TRUST
     
    PO BOX 158
     
    HIALEAH, FL33011

    		$ 500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    ALDERCREST DEVELOPMENT CORP
     
    1655 US HIGWAY 9
     
    OLD BRIDGE, NJ08857

    		$ 400,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    THE BRUNETTI FOUNDATION
          		Employer identification number

    23-7346205
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THE BRUNETTI FOUNDATION
          		Employer identification number

    23-7346205
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AppliedToPriorYearElection
    Name:
    THE BRUNETTI FOUNDATION
    EIN:
    23-7346205
    Election:
    ELECTION UNDER REGULATIONS SECTION 53.4942(A)-3(D)(2)

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

    TY 2020 DepreciationSchedule
    Name:
    THE BRUNETTI FOUNDATION
    EIN:
    23-7346205
    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
    LAND - DEVELOPED 2015-12-28 320,000   L   0 0    
    BUILDING 2015-12-28 774,331 84,471 SL 27.500000000000 28,157 28,157    
    FURNITURE AND FIXTURES 2015-12-28 119,895 76,201 200DB 7.000000000000 17,478 17,128    
    EQUIPMENT RANGES 2015-12-28 30,762 27,071 200DB 5.000000000000 3,691 3,691    
    BUILDING IMPROVEMENTS 2016-12-31 290,000 31,635 SL 27.500000000000 10,545 10,545    
    FURNITURE AND FIXTURES 2016-12-31 174,721 111,047 200DB 7.000000000000 18,193 24,960    
    EQUIPMENT RANGES 2016-12-31 62,162 48,735 200DB 5.000000000000 8,951 12,432    
    FURNITURE AND FIXTURES 2018-12-31 51,192   200DB 7.000000000000 0 7,313    
    EQUIPMENT RANGES 2018-12-31 9,769   200DB 5.000000000000 0 1,954    

    TY 2020 ExplnOfNonFilingWithAGStmt
    Name:
    THE BRUNETTI FOUNDATION
    EIN:
    23-7346205
    Statement:
    STATE REPORTING ONLY IF PUBLIC DONATIONS ARE RECEIVED. ALL DONATIONS TO THE BRUNETTI FOUNDATION ARE RECEIVED FROM FAMILY MEMBERS.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE BRUNETTI FOUNDATION
    EIN:
    23-7346205
    Name of Bond End of Year Book Value End of Year Fair Market Value
    INVESTMENT IN BONDS 160,022 1,538,546

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE BRUNETTI FOUNDATION
    EIN:
    23-7346205
    Name of Stock End of Year Book Value End of Year Fair Market Value
    INVESTMENTS IN STOCKS 9,094,064 11,597,211

    TY 2020 LandEtcSchedule2
    Name:
    THE BRUNETTI FOUNDATION
    EIN:
    23-7346205
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND - DEVELOPED 320,000 0 320,000  
    BUILDING 774,331 112,628 661,703  
    FURNITURE AND FIXTURES 119,895 93,679 26,216  
    EQUIPMENT RANGES 30,762 30,762 0  
    BUILDING IMPROVEMENTS 290,000 42,180 247,820  
    FURNITURE AND FIXTURES 174,721 129,240 45,481  
    EQUIPMENT RANGES 62,162 57,686 4,476  
    FURNITURE AND FIXTURES 51,192 51,192 0  
    EQUIPMENT RANGES 9,769 9,769 0  


    TY 2020 LegalFeesSchedule
    Name:
    THE BRUNETTI FOUNDATION
    EIN:
    23-7346205
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 4,219 4,219   0


    TY 2020 OtherAssetsSchedule
    Name:
    THE BRUNETTI FOUNDATION
    EIN:
    23-7346205
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DUE FROM ESTATE OF JJB SR 495,030 495,030 495,030


    TY 2020 OtherDecreasesSchedule
    Name:
    THE BRUNETTI FOUNDATION
    EIN:
    23-7346205
    Description Amount
    OTHER 10,000


    TY 2020 OtherExpensesSchedule
    Name:
    THE BRUNETTI FOUNDATION
    EIN:
    23-7346205
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVERTISING EXPENSE 52,795 52,795   0
    SIGN EXPENSE -6,687 -6,687   0
    GAS ALLOWANCE MAINENANCE 2,855 2,855   0
    COMPUTER PROCESSING 18,916 18,916   0
    DUES, SUBSCR & ED TRAINING 2,296 2,296   0
    MANAGEMENT FEES 86,023 86,023   0
    OFFICE EQUIP RENTAL & MAINT 8,265 8,265   0
    OFFICE SUPPLIES 7,629 7,629   0
    POSTAGE 2,651 2,651   0
    INSURANCE GAIN 27,743 27,743   0
    SUPERINTENDENT APT EXPENSE 71,744 71,744   0
    MODEL APARTMENT EXPENSE 14,305 14,305   0
    TELEPHONE EXPENSE 24,393 24,393   0
    UNCOLLECTIBLE RENTS RECEIVABLE 11,955 11,955   0
    ELECTRIC EXPENSE - TENANT 6,744 6,744   0
    GAS HEAT EXPENSE 17,922 17,922   0
    ELECTRIC EXPENSE 30,239 30,239   0
    WATER EXPENSE 163,081 163,081   0
    FIRE OR BURGLAR ALARM SERVICE 14,904 14,904   0
    APPLIANCE REPAIRS AND SUPPLIES 2,875 2,875   0
    CABANA REPAIRS & SUPPLIES 6,529 6,529   0
    FITNESS POOL BBQ EXPENSE 28,642 28,642   0
    CARPET EXPENSE 16,609 16,609   0
    CARPET CLEANING 2,261 2,261   0
    CREDIT REPOART BACKGROUND CHECK 2,538 2,538   0
    JANITORIAL SUPPLIES 15,887 15,887   0
    ELECTRICAL CONTRACT - REPAIRS 2,966 2,966   0
    ELEVATOR REPAIRS /FEES/SUPPLIES 8,400 8,400   0
    EXTERMINATING EXPENSE 11,668 11,668   0
    GARBAGE REMOVAL EXPENSE 41,936 41,936   0
    HVAC REPAIRS & SUPPLIES 50,495 50,495   0
    JANITORIAL CONTRACT 5,670 5,670   0
    LANDSCAPING EXPENSE 21,430 21,430   0
    REPAIRS & SUPPLIES 53,283 53,283   0
    PAINTING CONTRACT 10,935 10,935   0
    PAINTING SUPPLIES 4,638 4,638   0
    REAPIR COMMON AREA & EXTERIOR 15,221 15,221   0
    TILE REAPIRS 43,697 43,697   0
    PLUMBING REAPIRS & SUPPLIES 17,948 17,948   0
    REPAIRS CONTRACT 1,012 1,012   0
    REPAIRS DRYWALL INTERIOR FINISH 4,550 4,550   0
    SECURITY SERVICES 67,421 67,421   0
    SECURITY LOCS AND KEYS 2,200 2,200   0
    UNIFORM RENTAL EXPENSE 2,541 2,541   0
    WINDOWS SCREENS BLIND REPAIRS 2,411 2,411   0
    BANK SERVICE CHARGE 720 720   0
    LICENSES & FEES EXPENSE 2,879 2,879   0
    HAZARD & LIABILITY INSURANCE 292,137 292,137   0
    ENTRY GATE SERVICE 1,538 1,538   0


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE BRUNETTI FOUNDATION
    EIN:
    23-7346205
    Description Beginning of Year - Book Value End of Year - Book Value
    RENTS RECEIVED IN ADVANCE 18,829 29,823
    TENANTS DEPOSIT PAYABLE 181,516 185,353


    TY 2020 TaxesSchedule
    Name:
    THE BRUNETTI FOUNDATION
    EIN:
    23-7346205
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX WH 2,592 2,592   0
    NJ ANNUAL REPORT 56 56   0
    FEDERAL INCOME TAX 35,000 0   0
    FL ANNUAL REPORT 139 139   0
    FL TAXES 636 636   0
    PAYROLL TAX 73,861 73,861   0
    REAL ESTATE TAXES 293,783 293,783   0