-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
10-01-2019
, and ending
09-30-2020
Name of foundation
BLANCHE & IRVING LAURIE FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)
PO BOX 53
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ROSELAND
,
NJ
07068
A Employer identification number
22-2489725
B
Telephone number (see instructions)
(908) 614-8333
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
68,972,205
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
293
293
4
Dividends and interest from securities
...
1,577,703
1,577,703
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
2,872,897
b
Gross sales price for all assets on line 6a
7,009,670
7
Capital gain net income (from Part IV, line 2)
...
2,872,897
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)
.....
0
11
Other income (attach schedule)
.......
1,000
12
Total.
Add lines 1 through 11
........
4,451,893
4,450,893
13
Compensation of officers, directors, trustees, etc.
325,000
243,750
81,250
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
3,832
3,832
b
Accounting fees (attach schedule)
.......
47,943
28,766
19,177
c
Other professional fees (attach schedule)
....
272,664
218,131
54,533
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
91,194
1,194
19
Depreciation (attach schedule) and depletion
...
0
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
20,181
20,181
22
Printing and publications
..........
509
509
23
Other expenses (attach schedule)
.......
1,751
251
1,500
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
763,074
492,092
180,982
25
Contributions, gifts, grants paid
.......
3,874,850
3,874,850
26
Total expenses and disbursements.
Add lines 24 and 25
4,637,924
492,092
4,055,832
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-186,031
b
Net investment income
(if negative, enter -0-)
3,958,801
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
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
1
Cash—non-interest-bearing
.............
1,294,489
862,297
862,297
2
Savings and temporary cash investments
.........
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
0
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
0
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)
.......
10,423,871
10,647,020
64,796,681
c
Investments—corporate bonds (attach schedule)
.......
3,273,746
3,296,758
3,313,227
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
0
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
0
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
0
15
Other assets (describe
)
0
0
0
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
14,992,106
14,806,075
68,972,205
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
0
21
Mortgages and other notes payable (attach schedule)
......
0
22
Other liabilities (describe
)
0
0
23
Total liabilities
(add lines 17 through 22)
.........
0
Foundations that follow FASB ASC 958, check here
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
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
14,992,106
14,806,075
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
29
Total net assets or fund balances
(see instructions)
.....
14,992,106
14,806,075
30
Total liabilities and net assets/fund balances
(see instructions)
.
14,992,106
14,806,075
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
14,992,106
2
Enter amount from Part I, line 27a
.....................
2
-186,031
3
Other increases not included in line 2 (itemize)
3
4
Add lines 1, 2, and 3
..........................
4
14,806,075
5
Decreases not included in line 2 (itemize)
5
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
14,806,075
Form
990-PF
(2019)
Form 990-PF (2019)
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
575 ABIOMED
P
2018-03-09
2019-10-03
b
202 ALIBABA
P
2018-01-02
2020-09-21
c
10 AMAZON
P
2011-03-22
2020-03-12
d
79 BURLINGTON
P
2018-04-04
2020-02-10
e
1,000,000 DISCOVER BANK
P
2018-10-10
2020-06-04
75 EPAM SYSTEMS
P
2019-03-26
2020-07-30
285 FACEBOOK
P
2014-04-14
2020-03-18
550 ILLUMINA
P
2018-05-29
2019-10-17
2010 J&J
P
1999-07-01
2020-01-21
3350 J&J
P
1999-07-01
2020-02-18
3350 J&J
P
1999-07-01
2020-05-11
4250 J&J
P
1999-07-01
2020-06-24
2020 J&J
P
1999-07-01
2020-08-10
2670 J&J
P
1999-07-01
2019-11-12
210 KEYSIGHT
P
2018-11-21
2020-03-18
389 LULUMON
P
2019-01-02
2020-09-04
85 NVIDIA
P
2017-08-11
2020-09-04
203 PAYPAL
P
2017-05-01
2020-09-21
124 SALESFORCE
P
2015-09-22
2020-05-27
191 SERVICENOW
P
2017-07-06
2020-09-21
379 ULTA BEAUTY
P
2018-03-20
2020-05-14
587 UNION PACIFIC
P
2019-01-15
2020-03-10
213 UNITEDHEALTH
P
2018-04-19
2019-10-08
626 VEEVA
P
2019-01-15
2020-08-31
178 VISA
P
2012-02-02
2020-02-10
384 ZOETIS INC
P
2017-02-16
2020-06-05
599 ACTIVISION
P
2018-09-06
2020-06-05
562 CME GROUP
P
2018-01-15
2020-01-03
118 COSTAR GROUP
P
2018-06-10
2020-05-27
792 KIA
P
2018-10-08
2019-11-25
45 MACI
P
2017-10-03
2020-07-03
1125 PROOFPOINT
P
2018-12-08
2020-08-06
20 SHOPIFY
P
2019-03-18
2020-09-21
205 TRADE DESK
P
2019-01-06
2020-05-21
90 ULTA
P
2018-12-09
2020-05-14
298 UNION PACIFIC
P
2018-01-15
2019-10-08
1164 WORKDAY
P
2018-07-22
2020-03-25
MORGAN STANLEY #538
P
2019-06-06
2020-09-30
MORGAN STANLEY #538
P
2019-06-06
2020-09-30
(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
93,442
0
166,605
-73,163
b
43,572
0
36,883
6,689
c
16,782
0
1,669
15,113
d
17,944
0
10,628
7,316
e
1,000,000
0
999,706
294
21,265
0
12,621
8,644
39,784
0
16,906
22,878
141,877
0
152,003
-10,126
300,605
0
22,582
278,023
500,610
0
37,637
462,973
500,243
0
37,637
462,606
589,838
0
47,749
542,089
299,846
0
22,695
277,151
350,504
0
29,997
320,507
18,173
0
12,128
6,045
125,627
0
48,265
77,362
41,792
0
13,266
28,526
36,665
0
9,663
27,002
21,512
0
8,851
12,661
81,677
0
20,150
61,527
73,968
0
75,652
-1,684
83,137
0
89,950
-6,813
51,539
0
50,207
1,332
119,613
0
62,450
57,163
36,456
0
4,713
31,743
52,632
0
20,550
32,082
42,271
0
32,647
9,624
114,156
0
101,665
12,491
71,663
0
65,487
6,176
128,844
0
117,535
11,309
16,671
0
9,571
7,100
122,748
0
140,619
-17,871
17,944
0
6,284
11,660
63,836
0
57,196
6,640
17,565
0
23,026
-5,461
42,857
0
51,288
-8,431
157,960
0
233,204
-75,244
741,329
0
680,753
60,576
812,723
0
606,335
206,388
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
0
0
0
-73,163
b
0
0
0
6,689
c
0
0
0
15,113
d
0
0
0
7,316
e
0
0
0
294
0
0
0
8,644
0
0
0
22,878
0
0
0
-10,126
0
0
0
278,023
0
0
0
462,973
0
0
0
462,606
0
0
0
542,089
0
0
0
277,151
0
0
0
320,507
0
0
0
6,045
0
0
0
77,362
0
0
0
28,526
0
0
0
27,002
0
0
0
12,661
0
0
0
61,527
0
0
0
-1,684
0
0
0
-6,813
0
0
0
1,332
0
0
0
57,163
0
0
0
31,743
0
0
0
32,082
0
0
0
9,624
0
0
0
12,491
0
0
0
6,176
0
0
0
11,309
0
0
0
7,100
0
0
0
-17,871
0
0
0
11,660
0
0
0
6,640
0
0
0
-5,461
0
0
0
-8,431
0
0
0
-75,244
0
0
0
60,576
0
0
0
206,388
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
2,872,897
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
...................
3
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
Yes
No
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1
Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018
4,043,439
63,705,359
0.063471
2017
4,022,293
65,224,262
0.061669
2016
3,972,072
62,896,744
0.063152
2015
3,996,676
60,158,535
0.066436
2014
3,915,051
58,783,813
0.066601
2
Total
of line 1, column (d)
.....................
2
0.321329
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years
......
3
0.064266
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
64,975,787
5
Multiply line 4 by line 3
......................
5
4,175,734
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
39,588
7
Add lines 5 and 6
........................
7
4,215,322
8
Enter qualifying distributions from Part XII, line 4
,.............
8
4,055,832
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form
990-PF
(2019)
Form 990-PF (2019)
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
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Domestic foundations that meet the section 4940(e) requirements in Part V, check
1
79,176
here
and enter 1% of Part I, line 27b
...................
c
All other domestic foundations enter 2% 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
79,176
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
79,176
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
124,240
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
0
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
124,240
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
45,064
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
45,064
Refunded
11
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for 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.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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)
NJ
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 2019 or the taxable year beginning in 2019? 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
(2019)
Form 990-PF (2019)
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 address
N/A
14
The books are in care of
HARVEY RICH & COMPANY
Telephone no.
(908) 614-8333
Located at
18 POND COURT
HILLSBOROUGH
NJ
ZIP+4
08844
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
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
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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(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)?
...............
Yes
No
(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.)
.......
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
........
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 2019?
.............
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 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
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.
20
,
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?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 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 2019.)
..................
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 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
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))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
.........
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?
..........
Yes
No
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?
.....................
Yes
No
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?
Yes
No
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?
.................
Yes
No
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
GENE R KORF
TRUSTEE
15.00
50,000
0
0
89 HEADQUARTERS PLAZA
MORRISTOWN
,
NJ
07960
SCOTT KORF
TRUSTEE
15.00
50,000
0
0
22 TAMARACK DRIVE
SUCCASUNNA
,
NJ
07876
HARVEY S RICH
TRUSTEE
15.00
50,000
0
0
18 POND COURT
HILLSBOROUGH
,
NJ
08844
LAURA ZAGOREN BARON
TRUSTEE/PRES
25.00
75,000
0
0
58 GOLDFINCH GROVE
HACKETTSTOWN
,
NJ
07840
RICHARD A PATT MD
TRUSTEE
15.00
50,000
0
0
136 CAPULIN PLACE
CASTLE ROCK
,
CO
80108
ROBERT ZAGOREN
TRUSTEE
15.00
50,000
0
0
301 NW 53rd St
BOCA RATON
,
FL
33487
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
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
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
KORF & ROSENBLATT PC
LEGAL,PROG ADM,COMPLIANCE SERVS. EXECUTIVE DIRECTOR SERVICES
167,927
89 HEADQUARTERS PLAZA
MORRISTOWN
,
NJ
07960
HARVEY RICH & COMPANY
ACCTG & COMPILATION SERVICES TAX & BOOKKEEPING SERVICES
100,090
18 POND COURT
HILLSBOROUGH
,
NJ
08844
Total
number of others receiving over $50,000 for professional services
.............
0
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
N/A
0
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
N/A
0
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
0
Form
990-PF
(2019)
Form 990-PF (2019)
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
65,038,410
b
Average of monthly cash balances
.......................
1b
926,856
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
65,965,266
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
3
Subtract line 2 from line 1d
.........................
3
65,965,266
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
989,479
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
64,975,787
6
Minimum investment return.
Enter 5% of line 5
..................
6
3,248,789
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
3,248,789
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
79,176
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
79,176
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
3,169,613
4
Recoveries of amounts treated as qualifying distributions
................
4
1,000
5
Add lines 3 and 4
............................
5
3,170,613
6
Deduction from distributable amount (see instructions)
.................
6
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
3,170,613
Part XII
Qualifying Distributions
(see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26
..........
1a
4,055,832
b
Program-related investments—total from Part IX-B
..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
b
Cash distribution test (attach the required schedule)
.................
3b
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
4,055,832
5
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b. See instructions
.................
5
0
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
4,055,832
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
(2019)
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
3,170,613
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
b
Total for prior years:
20
,
20
,
20
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
1,937,861
b
From 2015
......
3,996,676
c
From 2016
......
3,972,072
d
From 2017
......
4,022,293
e
From 2018
......
4,049,359
f
Total
of lines 3a through e
........
17,978,261
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
4,055,832
a
Applied to 2018, but not more than line 2a
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
c
Treated as distributions out of corpus (Election
required—see instructions)
........
4,055,832
d
Applied to 2019 distributable amount
.....
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2019.
3,170,613
3,170,613
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
18,863,480
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
0
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
0
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
8
Excess distributions carryover from 2014 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
18,863,480
10
Analysis of line 9:
a
Excess from 2015
....
2,763,924
b
Excess from 2016
....
3,972,072
c
Excess from 2017
....
4,022,293
d
Excess from 2018
....
4,049,359
e
Excess from 2019
....
4,055,832
Form
990-PF
(2019)
Form 990-PF (2019)
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 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
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)
2019
(b)
2018
(c)
2017
(d)
2016
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.)
1
Information Regarding Foundation Managers:
a
List 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).)
NA
b
List 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.
NA
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
GENE R KORF
PO BOX 53
ROSELAND
,
NJ
07068
(973) 993-1583
b
The form in which applications should be submitted and information and materials they should include:
FORMAL APPLICATION; FULLY ITEMIZED PURPOSES; NECESSITY BUDGETS AND FINANCIAL CONDITION
c
Any submission deadlines:
N/A
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
N/A
Form
990-PF
(2019)
Form 990-PF (2019)
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)
a
Paid during the year
92nd STREET Y
92ND ST
NY
,
NY
10128
PUBLIC
PRODUCTION SUPPORT
55,000
AMERICAN REPERTORY BALLET
BAYARD ST
NEW BRUNSWICK
,
NJ
18901
PUBLIC
EDUCATION PROG
10,000
ANSHE EMETH MEMORIAL TEMPLE
LIVINGSTON AVE
NEW BRUNSWICK
,
NJ
08901
PUBLIC
MORTGAGE REDUCT.
38,000
ARS NOVA
W 54TH ST
NEW YORK
,
NY
10019
PUBLIC
PRODUCTION SUPPORT
5,000
ART NEW YORK
PRINCE ST
NEW YORK
,
NY
10019
PUBLIC
GENERAL OPERATING
15,000
ARVADA COUNCIL FOR THE ARTS
WADSWORTH BLVD
ARVADA
,
CO
80003
PUBLIC
PRODUCTION SUPPORT
11,000
ASSOC ALUM DOUGLAS COLL
GEORGE ST
NEW BRUNSWICK
,
NJ
08901
PUBLIC
GENERAL OPERATING
3,000
ATLANTIC THEATRE CO
W 20TH ST
NEW YORK
,
NY
10001
PUBLIC
PRODUCTION SUPPORT`
55,000
BERGEN PERFORMING ARTS
N VAN BRUNT ST
ENGLEWOOD
,
NJ
07631
PUBLIC
CAPITAL CAMPAIGN
40,000
BRANDEIS UNIVERSITY
SOUTH ST
WALTHAM
,
MA
02454
PUBLIC
EDUCATION PROGRAMS
25,000
CAROLYN DORFMAN DANCE
MORRIS AVE
UNION
,
NJ
07083
PUBLIC
GENERAL OPERATING
15,000
CENTENARY COLLEGE
JEFFERSON ST
HACKETTSTOWN
,
NJ
07840
PUBLIC
PRODUCTION SUPPORT
17,000
CENTER FOR DISASTER PHILANTHROPY
CONNECTICUT AVE
WASHINGTON
,
DC
20005
PUBLIC
GENERAL OPERATING
20,000
CENTER FOR GREAT EXPECTATIONS
DELLWOOD LANE
SOMERSET
,
NJ
08873
PUBLIC
PROGRAM SUPPORT
20,000
CENTER FOR PUBLIC BROADCASTING
9TH ST
WASHINGTON
,
DC
20004
PUBLIC
PRODUCTION SUPPORT
25,000
CITY CENTER
W 55TH ST
NEW YORK
,
NY
10019
PUBLIC
PRODUCTION SUPPORT
40,000
COMMUNITY FNDTN OF NJ
KNOX HILL RD
MORRISTOWN
,
NJ
07960
PUBLIC
PANDEMIC RELIEF FUND
90,000
CONNECTION FOR WOMEN & FAMILIES
MAPLE ST
SUMMIT
,
NJ
07901
PUBLIC
PROGS FOR CANCER
15,000
COUNCIL ON FOUNDATIONS
23rd ST
ARLINGTON
,
VA
22202
PUBLIC
GENERAL OPERATING
6,000
DEBORAH HOSPITAL
TRENTON RD
BROWN MILLS
,
NJ
08015
PUBLIC
PURCH OF EQUIP
70,000
DENVER CTR FOR PERF ARTS
13th ST
DENVER
,
CO
80204
PUBLIC
GENERAL OPERATING
4,000
DOCTORS WITHOUT BORDERS
RECTOR ST
NEW YORK
,
NY
10001
PUBLIC
GENERAL OPERATING
5,000
DREW UNIVERSITY
MADISON AVE
MADISON
,
NJ
07940
PUBLIC
DREW FORUM LECTURE SERIES
145,000
ENCOURAGE KIDS FNDTN
BROADWAY
NEW YORK
,
NY
10036
PUBLIC
GENERAL OPERATING
30,000
FAMILY EQUALITY
PARK AVENUE
NEW YORK
,
NY
10016
PUBLIC
GENERAL OPERATING
1,000
FILM SOC OF LINCOLN CTR
LINCOLN CENTER PLAZA
NEW YORK
,
NY
10023
PUBLIC
NY FILM FESTIVAL
75,000
FNDTN FOR MORRISTOWN MED CTR
MADISON AVE
MORRISTOWN
,
NJ
07960
PUBLIC
CAPITAL CAMPAIGN
30,000
FRIENDS OF THE ISRAEL DEF FORCES
GLADES BLVD
BOCA RATON
,
FL
33434
PUBLIC
GENERAL OPERATING
10,000
FRIENDS OF JEWISH MUS OF BERLIN
NASSAU ST
PRINCETON
,
NJ
08540
PUBLIC
GENERAL OPERATING
1,500
GEORGE ST PLAYHOUSE
GEORGE ST
NEW BRUNSWICK
,
NJ
08901
PUBLIC
PRODUCTION SUPPORT
157,000
GIVE KIDS THE WORLD
BASS ROAD
KISSIMMEE
,
FL
34746
PUBLIC
GENERAL OPERATING
8,000
GROWING STAGE THEATRE
LEDGEWOOD AVE
NETCONG
,
NJ
07857
PUBLIC
GENERAL OPERATING
86,000
INTERNATIONAL DYSLEXIA ASSN
YORK ROAD
BALTIMORE
,
MD
21204
PUBLIC
GENERAL OPERATING
2,000
JAZZ AT LINCOLN CTR
LINCOLD CTR PLAZA
NEW YORK
,
NY
10023
PUBLIC
GENERAL OPERATING
15,000
JCC OF SOM HUNT & WARREN COUNTIES
TALAMINI RD
BRIDGEWATER
,
NJ
08807
PUBLIC
GENERAL OPERATING
1,000
JESPY HOUSE
PROSPECT ST
SOUTH ORANGE
,
NJ
07079
PUBLIC
GENERAL OPERATING
15,000
JFS OF CENTRAL NJ
WESTFIELD AVE
ELIZABETH
,
NJ
07028
PUBLIC
GENERAL OPERATING
15,000
JFS OF SOM HUNT & WARR COUNTIES
HIGH ST
SOMERVILLE
,
NJ
08876
PUBLIC
FAMILY MENTOR PROGRAM
70,000
JEWISH FED METROWEST
NJ-10
WHIPPANY
,
NJ
07981
PUBLIC
GENERAL OPERATING
500
JEWISH FED OF GREATER MIDDLESEX CO
OLD BRIDGE TPKE
SOUTH RIVER
,
NJ
08882
PUBLIC
GENERAL OPERATING
5,000
JEWISH HISTORICAL SOC OF CENTRAL NJ
GEO ST
NEW BRUNSWICK
,
NJ
08901
PUBLIC
GENERAL OPERATING
2,000
JEWISH MUSEUM
INDEPENDENCE HALL
PHIL
,
PA
19106
PUBLIC
PRODUCTION SUPPORT
25,000
JFK CTR FOR PERF ARTS
F ST
WASHINGTON
,
DC
20566
PUBLIC
PRODUCTION SUPPORT
150,000
JFK LIBRARY FNDTN
COLUMBIA PT
BOSTON
,
MA
02125
PUBLIC
PROGRAM SUPPORT
40,000
KAREN QUINLAN MEMORIAL FNDTN
SPARTA AV
NEWTN
,
NJ
07860
PUBLIC
GENERAL OPERATING
1,000
LINCON CTR THEATRE
LINCOLN CTR PLAZA
NEW YORK
,
NY
10023
PUBLIC
PROGRAM SUPP
115,000
M3 INC
HIGH ST
SOMERVILLE
,
NJ
08876
PUBLIC
GENERAL OPERATING
10,000
MANHATTAN CLASS COMPANY
52nd ST
NEW YORK
,
NY
10001
PUBLIC
GENERAL OPERATING
10,000
MANHATTAN THEATRE CLUB
52nd ST
NEW YORK
,
NY
10036
PUBLIC
PRODUCTION SUPPORT
125,000
MAYO PERFORMING ARTS
SOUTH ST
MORRISTOWN
,
NJ
07960
PUBLIC
CAPITAL CAMPAIGN
45,000
McCARTER THEATRE
UNIV PL
PRINCETON
,
NJ
08540
PUBLIC
PRODUCTION SUPPORT
65,000
METROPOLITAN OPERA
LINCOLN CTR PLAZA
NEW YRK
,
NY
10023
PUBLIC
RADIO BROADCAST
25,000
MIAMI DOLPHINS FNDTN
MAIN ST
MIAMI GARDENS
,
FL
33056
PUBLIC
FOOD DISTRIBUTION
2,000
MINT THEATRE CO
42nd ST
NEW YORK
,
NY
10036
PUBLIC
PRODUCTION SUPPORT
5,000
MONTCLAIR ART MUSEUM
BLOOMFIELD AVE
MONTCLAIR
,
NJ
07042
PUBLIC
GENERAL OPERATING
20,000
MONTCLAIR FILM FEST
BLOOMFIELD AVE
MONTCLAIR
,
NJ
07042
PUBLIC
GENERAL OPERATING
5,000
MORRIS ART
SOUTH ST
MORRISTOWN
,
NJ
07960
PUBLIC
GENERAL OPERATING
5,000
MUSEUM OF JEW HER
BATTERY PLACE
NEW YORK
,
NY
10280
PUBLIC
EXHIBITION SUPPORT
30,000
NATIONAL AUDUBON
42ND ST
NEW YORK
,
NY
10014
PUBLIC
GENERAL OPERATING
5,000
NATIONAL YIDDISH THEATRE
BATTERY PLACE
NEW YORK
,
NY
10280
PUBLIC
PRODUCTION SUPPORT
3,500
NATURE CONSERVANCY
FAIRFAX DR
ARLINGONT
,
VA
22203
PUBLIC
GENERAL OPERATING
5,000
NEMOURS FNDTN
CENTURION PKWY
JACKSONVILLE
,
FL
32256
PUBLIC
NURSING EDUCATION
5,000
NEW ENGLAND COLLEGE
BRIDGE ST
HANNIKER
,
NH
03242
PUBLIC
ATHLETIC PROGRAMS
1,000
NEW GROUP
35th ST
NEW YORK
,
NY
10036
PUBLIC
PRODUCTION SUPPORT
45,000
NY PAC
CENTER ST
NEWARK
,
NJ
07102
PUBLIC
AMERICAN SONGBOOK SERIES
100,000
NJ THEATRE ALLIANCE
KING PLACE
MORRISTOWN
,
NJ
07960
PUBLIC
MARKETING SUPPORT
50,000
NY STAGE & FILM
29th ST
NEW YORK
,
NY
10001
PUBLIC
GENERAL OPERATING
5,000
NY THEATRE WORKSHOP
E 4th ST
NEW YORK
,
NY
10003
PUBLIC
GENERAL OPERATING
10,000
NEWARK BETH ISRAEL MED CTR
LYONS AVE
NEWARK
,
NJ
07112
PUBLIC
EQUIPMENT PURCH
25,000
OPERATION RESPECT
NEW ROAD
LINWOOD
,
NJ
08221
PUBLIC
MUSIC EMPOWERMENT FOR KIDS
4,000
OVERLOOK HOSP FNDTN
BEAUVOIR AVE
SUMMIT
,
NJ
07902
PUBLIC
EQUIPMENT PURCH
50,000
PALEY CTR FOR MEDIA
52nd ST
NEW YORK
,
NY
10019
PUBLIC
PROGRAM SUPPORT
70,000
PAPER MILL PLAYHOUSE
BROOKSIDE DR
MILLBURN
,
NJ
07041
PUBLIC
PRODUCTION SUPPORT
125,000
PHILADELPHIA ORCHESTRA
BROAD ST
PHILADELPHIA
,
PA
19102
PUBLIC
GENERAL OPERATING
24,000
PLAYWRIGHTS HORIZONS
42nd ST
NEW YORK
,
NY
10036
PUBLIC
PRODUCTION SUPPORT
35,000
PRIMARY STAGES
42nd ST
NEW YORK
,
NY
10018
PUBLIC
PRODUCTION SUPPORT
50,000
RATTLESTICK PLAYWRIGHTS THTR
42nd ST
NEW YORK
,
NY
10014
PUBLIC
GENERAL OPERATING
5,000
ROBERT WOOD JOHNSON UNIV HOSP
RWJ PLACE
NEW BRUNSWICK
,
NJ
08901
PUBLIC
EQUIPMENT PURCH
125,000
ROUNDABOUT THEATRE CO
W 39th ST
NEW YORK
,
NY
10018
PUBLIC
PRODUCTION SUPPORT
170,000
RUTGERS UNIV FNDTN
GEORGE ST
NEW BRUNSWICK
,
NJ
08901
PUBLIC
JEWISH FILM FEST
10,000
RUTGERS UNIV HILLEL FNTDN
GEORGE ST
NEW BRUNSWICK
,
NJ
08901
PUBLIC
PROGRAM SUPPORT
26,000
SANTA CLARA VALLEY AUDUBON SOC
McCLELLAN RD
CUPERTINO
,
CA
95014
PUBLIC
GENERAL OPERATING
1,500
SARASOTA MEMORIAL HEALTHCARE FNDTN
TIMIAMI TRAIL
SARASOTA
,
FL
34239
PUBLIC
COVID 19 RELIEF
5,000
SECOND STAGE THEATRE
42nd ST
NEW YORK
,
NY
10036
PUBLIC
PRODUCTION SUPPORT
60,000
SHAKESPEARE THEATRE OF NJ
42nd ST
NEW YORK
,
NJ
07932
PUBLIC
PRODUCTION SUPPORT
70,000
SIGNATURE THEATRE CO
42nd ST
NEW YORK
,
NY
10036
PUBLIC
PRODUCTION SUPPORT
55,000
SOCIETY PRESERV OF BARBERSHOP QT
7th AVE
NASHVILLE
,
TN
37203
PUBLIC
GENERAL OPERATING
5,850
SOPHIE'S NEIGHBORHOOD
5th ST
BOULDER
,
CO
80304
PUBLIC
GENERAL OPERATING
1,000
SOPAC
SOPAC WAY
SOUTH ORANGE
,
NJ
07079
PUBLIC
LECTURE SERIES
75,000
SPECIAL OLYMPICS NJ
EUNICE KENNEDY SHRIVER WAY
SOUTH RIVER
,
NJ
08820
PUBLIC
ATHLETICS PROG
3,000
ST PETERS FOUNDATION
EASTON AVE
NEW BRUNSWICK
,
NJ
08901
PUBLIC
EQUIP PURCHASE
50,000
ST BARNABAS MED CTR
OLD SHORT HILLS RD
WEST ORANGE
,
NJ
07052
PUBLIC
COVID 19 RELIEF FUND
63,500
STATE THEATRE REG ARTS CTR N B
LIVINGSTON AVE
NEW BRUNSWICK
,
NJ
08901
PUBLIC
CAP CAM & SYMPH SERIES
257,000
TEMPLE SHALOM
HILLSIDE AVE
SUCCASUNNA
,
NJ
07876
PUBLIC
GENERAL OPERATING
6,000
TEMPLE SINAI
GLENCOE ST
CASTLE ROCK
,
CO
80108
PUBLIC
GENERAL OPERATING
4,000
TEN HAIRY LEGS
LIPMAN DR
NEW BRUNSWICK
,
NJ
08901
PUBLIC
GENERAL OPERATING
18,000
THE ACTOR'S FUND
42nd ST
NEW YORK
,
NY
10019
PUBLIC
GENERAL OPERATING
15,000
THE DISCOVERY ORCHESTRA
WILLOW ST
MILLBURN
,
NJ
07041
PUBLIC
GENERAL OPERATING
2,000
THE OLD GLOBE
PO BOX 122171
SAN DIEGO
,
CA
92112
PUBLIC
GENERAL OPERATING
50,000
THE PAULA TAKACS FDN FOR SARCOMA
PO BOX 78416
CHARLOTTE
,
NC
28271
PUBLIC
GENERAL OPERATING
1,000
THE PLAY COMPANY
44TH ST
NEW YORK
,
NY
10036
PUBLIC
GENERAL OPERATING
5,000
TRINITAS HEALTH FNDTN
PO BOX 259
ELIZABETH
,
NJ
07207
PUBLIC
CAPITAL IMPVMTS
75,000
TROUT UNLIMITED
N KENT ST
ARLINGTON
,
VA
22209
PUBLIC
GENERAL OPERATING
5,000
TWO RIVER THEATRE CO
BRIDGE AVE
RED BANK
,
NJ
07701
PUBLIC
PRODUCTION SUPPOERT
20,000
VINEYARD THEATRE
15st NY
NEW YORK
,
NY
10003
PUBLIC
PRODUCTION SUPPORT
7,500
WNET
ONE WORLDWIDE PLAZA
NEW YORK
,
NY
10001
PUBLIC
AMER MASTERS SERIES
100,000
WOUNDED WARRIOR PROJECT
BELFORT RE
JACKSONVILLE
,
FL
32256
PUBLIC
GENERAL OPERATING
10,000
YOGI BERRA MUSEUM
YOGI BERRA DRIVE
MONTCLAIR
,
NJ
07424
PUBLIC
EXHIBITION SUPPORT
30,000
Total
.................................
3a
3,874,850
b
Approved for future payment
JFS OF S H W COUNTIES
HIGH ST
SOMERVILLE
,
NJ
08876
PUBLIC
FAMILY MENTOR PROGRAM
50,000
JFK LIBRARY FNDTN
COLUMBIA PT
BOSTON
,
MA
02125
PUBLIC
60/20 PODCAST
25,000
MCC
52nd ST
NEW YORK
,
NY
10036
PUBLIC
DIGITAL PROGRAMMING
20,000
MUSEUM OF JEWISH HERITAGE
BATTERY PLACE
NEW YORK
,
NY
10280
PUBLIC
EXHIBITION SUPPORT
20,000
MUSIC FOR ALL SEASONS
PARK AVE
SCOTCH PLAINS
,
NJ
07076
PUBLIC
PR0GRAMS FOR VETERANS
40,000
NJ PAC
CENTER ST
NEWARK
,
NJ
07102
PUBLIC
AMERICAN SONGBOOK
90,000
PALEY CENTER FOR MEDIA
52nd ST
NEW YORK
,
NY
10019
PUBLIC
PROGRAMS ON COVID 19
25,000
RUTGERS UNIV HILLEL FNDTN
GEORGE ST
NEW BRUNSWICK
,
NJ
08901
PUBLIC
MORTGAGE REDUCTION
50,000
SPECTRUM 360
EAGLE ROCK AVE
WEST ORANGE
,
NJ
07052
PUBLIC
GENERAL OPERATING
50,000
Total
.................................
3b
370,000
Form
990-PF
(2019)
Form 990-PF (2019)
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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
293
4
Dividends and interest from securities
....
14
1,577,703
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
8
Gain or (loss) from sales of assets other than
inventory
............
18
2,872,897
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)
..
4,450,893
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
4,450,893
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
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.)
N/A
N/A
Form
990-PF
(2019)
Form 990-PF (2019)
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?
...........
Yes
No
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.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Part VI Line 7 -Original Return Overpayment:
-124,240
Form 990PF - Special Condition Description:
Special Condition Description