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
DEMEO FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)114 W 47TH ST NY8-114-07-07 AFT
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY100361510
A Employer identification number

47-5305934
B Telephone number (see instructions)

(888) 866-3275
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$1,517,197
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 29,668 27,187  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 16,639
b Gross sales price for all assets on line 6a 240,020
7 Capital gain net income (from Part IV, line 2)... 16,639
8 Net short-term capital gain......... 0
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)....... 326    
12 Total. Add lines 1 through 11........ 46,633 43,826  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... 3,500 0 0 3,500
c Other professional fees (attach schedule).... 16,004 9,602   6,401
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 434 434   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 259     259
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 20,197 10,036 0 10,160
25 Contributions, gifts, grants paid....... 2,500 2,500
26 Total expenses and disbursements. Add lines 24 and 25 22,697 10,036 0 12,660
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 23,936
b Net investment income (if negative, enter -0-) 33,790
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,601 1,427 1,427
2 Savings and temporary cash investments......... 28,374 19,281 19,281
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 671,906 Click to see attachment657,474 919,949
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 505,440 Click to see attachment553,094 576,540
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,207,321 1,231,276 1,517,197
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
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........ 1,207,321 1,231,276
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)..... 1,207,321 1,231,276
30 Total liabilities and net assets/fund balances (see instructions). 1,207,321 1,231,276
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
1,207,321
2
Enter amount from Part I, line 27a .....................
2
23,936
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
20
4
Add lines 1, 2, and 3 ..........................
4
1,231,277
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,231,276
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 7. ABBOTT LABORATORIES   2019-11-05 2020-02-06
b 4. ABBOTT LABORATORIES   2019-11-06 2020-02-06
c 14. ABBOTT LABORATORIES   2019-11-06 2020-02-07
d 1. ABBOTT LABORATORIES   2019-11-06 2020-02-10
e 21. ABBOTT LABORATORIES   2019-11-07 2020-02-10
21. ABBOTT LABORATORIES   2019-11-07 2020-05-28
31. ABBOTT LABORATORIES   2019-11-08 2020-05-29
2. ABBOTT LABORATORIES   2019-11-07 2020-05-29
7. ABBOTT LABORATORIES   2019-11-11 2020-08-21
27. ABBOTT LABORATORIES   2019-11-11 2020-11-25
4. ABBOTT LABORATORIES   2019-11-11 2020-11-27
3. ABBOTT LABORATORIES   2019-11-12 2020-11-27
2. ALPHABET INC SHS CL A   2018-12-18 2020-08-21
3. AMAZON COM INC   2018-08-29 2020-06-16
2. AMAZON COM INC   2018-08-29 2020-08-04
1. AMAZON COM INC   2018-08-29 2020-08-21
5. AMERICAN TOWER REIT INC   2018-08-29 2020-02-06
9. AMERICAN TOWER REIT INC   2018-08-29 2020-02-07
5. AMERICAN TOWER REIT INC   2018-08-29 2020-02-10
3. AMERICAN TOWER REIT INC   2018-08-29 2020-08-21
4. ANTHEM INC   2018-08-29 2020-08-21
3. ANTHEM INC   2018-08-29 2020-09-24
11. APPLE INC   2018-08-29 2020-05-28
39. APPLE INC   2018-08-29 2020-08-04
6. APPLE INC   2018-08-29 2020-08-21
9. BALL CORP   2020-03-26 2020-08-21
2. BLACKROCK INC CL A   2018-08-29 2020-08-21
8. CAPITAL ONE FINANCIAL CORPORATION   2018-08-29 2020-03-17
20. CAPITAL ONE FINANCIAL CORPORATION   2018-08-29 2020-03-18
41. CISCO SYSTEMS INCORPORATED   2019-08-21 2020-05-28
11. CISCO SYSTEMS INCORPORATED   2019-08-21 2020-06-15
7. CISCO SYSTEMS INCORPORATED   2019-08-21 2020-06-16
12. CISCO SYSTEMS INCORPORATED   2019-08-21 2020-08-21
32. CITIGROUP INC   2018-08-29 2020-03-17
10. CITIGROUP INC   2018-08-29 2020-08-21
8. CONSTELLATION BRANDS INC   2019-04-23 2020-06-16
4. CONSTELLATION BRANDS INC   2019-04-23 2020-08-21
4. CONSTELLATION BRANDS INC   2019-04-23 2020-09-24
3. CONSTELLATION BRANDS INC   2019-04-23 2020-09-25
6. CONSTELLATION BRANDS INC   2019-06-03 2020-09-25
9. CONSTELLATION BRANDS INC   2019-04-24 2020-09-25
2. CONSTELLATION BRANDS INC   2019-04-23 2020-09-25
3. CONSTELLATION BRANDS INC   2019-04-23 2020-09-25
15. CONSTELLATION BRANDS INC   2019-06-03 2020-09-28
6. COSTCO WHSL CORP NEW   2018-08-29 2020-05-28
4. COSTCO WHSL CORP NEW   2018-08-29 2020-08-21
1. COSTCO WHSL CORP NEW   2018-08-29 2020-09-24
7. DANAHER CORP   2018-08-29 2020-08-21
6. DANAHER CORP   2018-08-29 2020-09-24
13. DANAHER CORP   2018-08-29 2020-09-25
28. DISNEY (WALT) CO COM STK   2016-12-14 2020-03-17
46. DISNEY (WALT) CO COM STK   2016-12-14 2020-03-18
2. DISNEY (WALT) CO COM STK   2017-12-18 2020-08-21
1. DISNEY (WALT) CO COM STK   2016-12-14 2020-08-21
3. DISNEY (WALT) CO COM STK   2018-08-21 2020-08-21
6. HILTON WORLDWIDE HOLDINGS INC   2020-03-26 2020-08-21
6. HOME DEPOT INC/THE   2018-08-29 2020-03-17
3. HOME DEPOT INC/THE   2018-08-29 2020-08-21
6. HONEYWELL INTERNATIONAL INC   2015-08-21 2020-02-06
3. HONEYWELL INTERNATIONAL INC   2015-08-21 2020-02-07
8. HONEYWELL INTERNATIONAL INC   2015-08-21 2020-08-21
3. J P MORGAN CHASE & CO COM   2015-08-21 2020-03-17
24. J P MORGAN CHASE & CO COM   2016-02-12 2020-03-17
4. J P MORGAN CHASE & CO COM   2016-12-14 2020-03-18
12. J P MORGAN CHASE & CO COM   2016-02-12 2020-03-18
6. J P MORGAN CHASE & CO COM   2016-12-14 2020-08-21
6. KEURIG DR PEPPER INC   2018-10-31 2020-02-06
17. KEURIG DR PEPPER INC   2018-10-31 2020-02-07
10. KEURIG DR PEPPER INC   2018-10-31 2020-02-10
9. KEURIG DR PEPPER INC   2018-10-31 2020-02-11
18. KEURIG DR PEPPER INC   2018-10-31 2020-02-12
3. KEURIG DR PEPPER INC   2018-11-01 2020-02-13
1. KEURIG DR PEPPER INC   2018-10-31 2020-02-13
8. KEURIG DR PEPPER INC   2018-11-02 2020-03-04
63. KEURIG DR PEPPER INC   2018-11-01 2020-03-04
86. KEURIG DR PEPPER INC   2018-11-02 2020-03-05
18. KEURIG DR PEPPER INC   2018-11-05 2020-03-26
12. KEURIG DR PEPPER INC   2018-11-02 2020-03-26
27. KEURIG DR PEPPER INC   2018-11-05 2020-03-27
4. KEURIG DR PEPPER INC   2018-11-06 2020-03-27
18. KEURIG DR PEPPER INC   2018-11-06 2020-03-30
27. KEURIG DR PEPPER INC   2018-11-07 2020-03-30
13. KEURIG DR PEPPER INC   2018-11-08 2020-03-30
13. KEURIG DR PEPPER INC   2018-11-08 2020-03-31
8. KEURIG DR PEPPER INC   2018-11-09 2020-04-01
27. KEURIG DR PEPPER INC   2018-11-08 2020-04-01
30. KEURIG DR PEPPER INC   2018-11-12 2020-04-02
18. KEURIG DR PEPPER INC   2018-11-09 2020-04-02
19. KEURIG DR PEPPER INC   2018-11-12 2020-04-03
25. KEURIG DR PEPPER INC   2019-08-21 2020-04-06
2. KEURIG DR PEPPER INC   2018-11-13 2020-04-06
10. KEURIG DR PEPPER INC   2018-11-12 2020-04-06
7. KEURIG DR PEPPER INC   2019-08-21 2020-04-07
2. LOCKHEED MARTIN CORPORATION   2018-05-09 2020-08-21
1. LOCKHEED MARTIN CORPORATION   2018-05-08 2020-08-21
3. LOCKHEED MARTIN CORPORATION   2018-08-29 2020-11-10
7. LOCKHEED MARTIN CORPORATION   2018-08-21 2020-11-10
4. LOCKHEED MARTIN CORPORATION   2018-08-29 2020-11-11
21. MICROSOFT CORPORATION   2018-08-21 2020-02-06
24. MICROSOFT CORPORATION   2015-08-21 2020-02-06
2. MICROSOFT CORPORATION   2018-08-21 2020-08-04
20. MICROSOFT CORPORATION   2018-08-29 2020-08-04
9. MICROSOFT CORPORATION   2018-08-29 2020-08-21
11. MICROCHIP TECHNOLOGY INC COM   2018-08-29 2020-08-21
4. NEXTERA ENERGY INC   2018-08-29 2020-02-06
7. NEXTERA ENERGY INC   2018-08-29 2020-02-07
9. NEXTERA ENERGY INC   2018-08-29 2020-02-10
4. NEXTERA ENERGY INC   2018-08-29 2020-05-28
16. PEPSICO INCORPORATED   2020-03-17 2020-05-28
1. PEPSICO INCORPORATED   2020-03-18 2020-05-28
17. PEPSICO INCORPORATED   2020-03-18 2020-09-24
11. PEPSICO INCORPORATED   2020-03-18 2020-09-25
9. PROLOGIS INC   2018-08-29 2020-08-21
3. ROSS STORES INC   2019-07-15 2020-03-17
9. ROSS STORES INC   2019-07-12 2020-03-17
13. ROSS STORES INC   2019-07-17 2020-03-18
15. ROSS STORES INC   2019-07-16 2020-03-18
13. ROSS STORES INC   2019-07-15 2020-03-18
7. ROSS STORES INC   2019-07-18 2020-03-18
9. ROSS STORES INC   2019-07-18 2020-08-21
2. SHERWIN-WILLIAMS CO/THE   2018-08-29 2020-02-06
2. SHERWIN-WILLIAMS CO/THE   2018-08-29 2020-02-07
7. SHERWIN-WILLIAMS CO/THE   2018-08-29 2020-03-13
9. SHERWIN-WILLIAMS CO/THE   2018-08-29 2020-03-16
5. SHERWIN-WILLIAMS CO/THE   2018-08-29 2020-03-17
4. SHERWIN-WILLIAMS CO/THE   2019-02-04 2020-03-17
2. SHERWIN-WILLIAMS CO/THE   2019-02-05 2020-03-17
2. SHERWIN-WILLIAMS CO/THE   2019-02-05 2020-03-18
7. SHERWIN-WILLIAMS CO/THE   2019-02-06 2020-03-18
3. SYSCO CORPORATION   2018-08-08 2020-03-17
4. SYSCO CORPORATION   2018-08-09 2020-03-17
1. SYSCO CORPORATION   2018-08-10 2020-03-17
4. SYSCO CORPORATION   2018-08-21 2020-03-17
4. SYSCO CORPORATION   2018-08-07 2020-03-17
9. SYSCO CORPORATION   2018-08-06 2020-03-17
9. SYSCO CORPORATION   2018-05-08 2020-03-17
3. SYSCO CORPORATION   2018-05-09 2020-03-17
24. SYSCO CORPORATION   2018-08-21 2020-03-18
109. SYSCO CORPORATION   2018-08-29 2020-03-18
14. SYSCO CORPORATION   2019-08-21 2020-03-19
9. SYSCO CORPORATION   2020-02-06 2020-03-19
11. SYSCO CORPORATION   2020-02-07 2020-03-19
2. SYSCO CORPORATION   2020-02-10 2020-03-19
14. SYSCO CORPORATION   2018-08-29 2020-03-19
4. THERMO FISHER SCIENTIFIC INC   2018-08-29 2020-02-06
4. THERMO FISHER SCIENTIFIC INC   2018-08-29 2020-05-28
2. THERMO FISHER SCIENTIFIC INC   2018-08-29 2020-08-04
1. THERMO FISHER SCIENTIFIC INC   2018-08-29 2020-08-05
4. THERMO FISHER SCIENTIFIC INC   2018-08-29 2020-08-21
16. THERMO FISHER SCIENTIFIC INC   2018-08-29 2020-11-25
5. TOTAL S.A. SP ADR   2018-08-29 2020-02-06
28. TOTAL S.A. SP ADR   2018-08-29 2020-02-07
9. TOTAL S.A. SP ADR   2018-08-29 2020-02-10
57. TOTAL S.A. SP ADR   2018-08-29 2020-05-01
122. TOTAL S.A. SP ADR   2018-08-29 2020-05-05
21. TOTAL S.A. SP ADR   2019-01-08 2020-05-05
50. TOTAL S.A. SP ADR   2018-08-29 2020-05-05
19. TOTAL S.A. SP ADR   2019-07-12 2020-05-06
28. TOTAL S.A. SP ADR   2019-01-09 2020-05-06
38. TOTAL S.A. SP ADR   2019-01-08 2020-05-06
37. TOTAL S.A. SP ADR   2019-07-15 2020-05-07
16. TOTAL S.A. SP ADR   2019-07-16 2020-05-07
18. TOTAL S.A. SP ADR   2019-08-21 2020-05-07
7. TOTAL S.A. SP ADR   2019-08-21 2020-05-08
29. TRUIST FINL CORP   2018-08-29 2020-03-16
58. TRUIST FINL CORP   2018-08-29 2020-03-17
6. UNION PACIFIC CORP   2018-08-29 2020-08-21
3. VISA INC   2018-08-29 2020-05-28
7. VISA INC   2018-08-29 2020-08-21
5. VISA INC   2018-08-29 2020-09-24
6. WALMART INC   2018-08-21 2020-08-21
5. WALMART INC   2016-12-14 2020-08-21
8. WALMART INC   2018-08-21 2020-09-24
5. ZOETIS INC   2019-06-03 2020-08-21
9. CHUBB LTD   2018-08-29 2020-02-06
6. CHUBB LTD   2018-08-29 2020-02-07
15. CHUBB LTD   2018-08-29 2020-02-10
23. CHUBB LTD   2018-08-29 2020-02-11
9. CHUBB LTD   2018-08-29 2020-06-01
14. CHUBB LTD   2018-08-29 2020-06-02
8. CHUBB LTD   2019-08-06 2020-06-03
9. CHUBB LTD   2019-08-07 2020-06-03
11. CHUBB LTD   2018-08-29 2020-06-03
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 626   574 52
b 358   332 26
c 1,233   1,162 71
d 88   83 5
e 1,846   1,748 98
1,944   1,748 196
2,864   2,588 276
185   166 19
709   585 124
2,873   2,257 616
427   334 93
321   253 68
3,163   2,091 1,072
7,826   5,968 1,858
6,219   3,978 2,241
3,292   1,989 1,303
1,190   754 436
2,150   1,357 793
1,201   754 447
738   452 286
1,141   1,068 73
741   801 -60
3,549   2,449 1,100
17,064   8,681 8,383
2,902   1,336 1,566
684   552 132
1,172   970 202
428   801 -373
838   2,003 -1,165
1,892   1,995 -103
498   535 -37
330   341 -11
504   584 -80
1,275   2,320 -1,045
497   725 -228
1,416   1,661 -245
711   830 -119
729   830 -101
544   623 -79
1,088   1,064 24
1,631   1,884 -253
363   438 -75
544   653 -109
2,776   2,660 116
1,857   1,381 476
1,371   921 450
343   230 113
1,444   726 718
1,222   622 600
2,648   1,347 1,301
2,602   2,909 -307
3,897   4,779 -882
256   222 34
128   104 24
384   339 45
518   448 70
1,030   1,209 -179
839   605 234
1,059   575 484
526   287 239
1,257   766 491
279   195 84
2,228   1,377 851
342   338 4
1,025   689 336
588   508 80
171   155 16
485   438 47
287   258 29
259   232 27
516   464 52
86   79 7
29   26 3
222   212 10
1,750   1,658 92
2,314   2,280 34
447   480 -33
298   318 -20
660   719 -59
98   108 -10
445   487 -42
667   743 -76
321   369 -48
318   369 -51
192   227 -35
649   766 -117
712   854 -142
427   510 -83
451   541 -90
616   693 -77
49   57 -8
246   285 -39
177   194 -17
776   653 123
388   321 67
1,112   973 139
2,595   2,264 331
1,474   1,298 176
3,841   2,246 1,595
4,390   1,080 3,310
423   214 209
4,234   2,232 2,002
1,929   1,004 925
1,161   956 205
1,074   680 394
1,894   1,191 703
2,435   1,531 904
1,004   680 324
2,118   2,003 115
132   118 14
2,239   2,009 230
1,443   1,300 143
921   605 316
208   318 -110
624   952 -328
766   1,393 -627
884   1,602 -718
766   1,377 -611
412   749 -337
798   962 -164
1,163   914 249
1,152   914 238
3,426   3,200 226
3,808   4,114 -306
2,116   2,285 -169
1,693   1,665 28
846   839 7
744   839 -95
2,604   2,948 -344
107   209 -102
142   280 -138
36   69 -33
142   297 -155
142   279 -137
320   627 -307
320   564 -244
107   189 -82
715   1,782 -1,067
3,249   8,089 -4,840
444   1,012 -568
285   689 -404
349   848 -499
63   155 -92
444   1,039 -595
1,328   960 368
1,372   960 412
829   480 349
418   240 178
1,700   960 740
7,129   3,840 3,289
251   322 -71
1,385   1,804 -419
439   580 -141
1,881   3,672 -1,791
4,061   7,859 -3,798
743   1,142 -399
1,770   3,221 -1,451
660   1,072 -412
973   1,550 -577
1,320   2,066 -746
1,302   2,100 -798
563   897 -334
633   889 -256
248   346 -98
817   1,668 -851
1,667   3,336 -1,669
1,144   906 238
592   441 151
1,428   1,029 399
979   735 244
792   577 215
660   357 303
1,094   769 325
790   520 270
1,473   1,228 245
979   819 160
2,445   2,047 398
3,770   3,138 632
1,079   1,228 -149
1,690   1,910 -220
1,014   1,208 -194
1,141   1,371 -230
1,395   1,501 -106
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
      303
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       52
b       26
c       71
d       5
e       98
      196
      276
      19
      124
      616
      93
      68
      1,072
      1,858
      2,241
      1,303
      436
      793
      447
      286
      73
      -60
      1,100
      8,383
      1,566
      132
      202
      -373
      -1,165
      -103
      -37
      -11
      -80
      -1,045
      -228
      -245
      -119
      -101
      -79
      24
      -253
      -75
      -109
      116
      476
      450
      113
      718
      600
      1,301
      -307
      -882
      34
      24
      45
      70
      -179
      234
      484
      239
      491
      84
      851
      4
      336
      80
      16
      47
      29
      27
      52
      7
      3
      10
      92
      34
      -33
      -20
      -59
      -10
      -42
      -76
      -48
      -51
      -35
      -117
      -142
      -83
      -90
      -77
      -8
      -39
      -17
      123
      67
      139
      331
      176
      1,595
      3,310
      209
      2,002
      925
      205
      394
      703
      904
      324
      115
      14
      230
      143
      316
      -110
      -328
      -627
      -718
      -611
      -337
      -164
      249
      238
      226
      -306
      -169
      28
      7
      -95
      -344
      -102
      -138
      -33
      -155
      -137
      -307
      -244
      -82
      -1,067
      -4,840
      -568
      -404
      -499
      -92
      -595
      368
      412
      349
      178
      740
      3,289
      -71
      -419
      -141
      -1,791
      -3,798
      -399
      -1,451
      -412
      -577
      -746
      -798
      -334
      -256
      -98
      -851
      -1,669
      238
      151
      399
      244
      215
      303
      325
      270
      245
      160
      398
      632
      -149
      -220
      -194
      -230
      -106
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 16,639
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................................ 1 470
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........................... 3 470
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- ..... 5 470
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 428
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 42
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 470
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  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletBANK OF AMERICA NA Telephone no.bullet (888) 866-3275

    Located atbullet114 WEST 47TH STREET NY8-114-07-07NEW YORKNY ZIP+4bullet100361510
    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
    ANTOINETTE H DE MEO DIRECTOR
    1
    0    
    28-32 216TH STREET
    BAYSIDE,NY11360
    JOHN O MCMANUS DIRECTOR
    1
    0    
    25 CARRIAGE WAY
    BASKING RIDGE,NJ07920
    JOYCE TAMBINI DIRECTOR
    1
    0    
    18-15 215TH STREET APT 15A
    BAYSIDE,NY11360
    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.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,316,990
    b
    Average of monthly cash balances.......................
    1b
    28,431
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,345,421
    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
    1,345,421
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    20,181
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,325,240
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    66,262
    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
    66,262
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    470
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    470
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    65,792
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    65,792
    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
    65,792
    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
    12,660
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    12,660
    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
    12,660
    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 65,792
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 6,277
    fTotal of lines 3a through e........ 6,277
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 12,660
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2020 distributable amount..... 12,660
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 6,277 6,277
    (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 ..........
    46,855
    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.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    GREATER SOMERSET COUNTY YMCA
    140 MOUNT AIRY ROAD
    BASKING RIDGE,NJ079202066
    N/A PC UNRESTRICTED GENERAL 2,500
    Total .................................bullet 3a 2,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities....     14 29,668  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 16,639  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL TAX REFUND
        1 326  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   46,633  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    46,633
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    DEMEO FOUNDATION INC
    EIN:
    47-5305934
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE 3,500     3,500

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    DEMEO FOUNDATION INC
    EIN:
    47-5305934
    Name of Stock End of Year Book Value End of Year Fair Market Value
    235851102 DANAHER CORP 14,875 30,433
    778296103 ROSS STORES INC 16,328 19,772
    824348106 SHERWIN-WILLIAMS CO/    
    89832Q109 TRUIST FINL CORP 17,822 17,255
    09247X101 BLACKROCK INC 17,282 25,975
    172967424 CITIGROUP INC 21,160 19,608
    49271V100 KEURIG DR PEPPER INC    
    594918104 MICROSOFT CORP COM 32,294 59,386
    74340W103 PROLOGIS INC 12,871 17,042
    89151E109 TOTAL FINA ELF S.A.    
    98978V103 ZOETIS INC 18,253 26,646
    907818108 UNION PACIFIC CORP 21,887 29,151
    92826C839 VISA INC 25,796 35,653
    22160K105 COSTCO WHSL CORP NEW 20,581 30,896
    254687106 WALT DISNEY CO/THE 18,492 27,358
    437076102 HOME DEPOT INC/THE 19,638 25,500
    438516106 HONEYWELL INTERNATIO 26,130 37,010
    002824100 ABBOTT LABORATORIES 13,538 18,285
    023135106 AMAZON COM INC 33,989 58,625
    17275R102 CISCO SYSTEMS INC 20,364 18,571
    02079K305 ALPHABET INC SHS 33,989 50,827
    03027X100 AMERICAN TOWER REIT 12,957 15,039
    037833100 APPLE INC 32,379 67,805
    46625H100 J P MORGAN CHASE & C 17,214 20,204
    595017104 MICROCHIP TECHNOLOGY 16,175 25,136
    65339F101 NEXTERA ENERGY INC 13,657 22,836
    931142103 WAL MART STORES INC 21,522 29,551
    871829107 SYSCO CORP    
    036752103 ANTHEM INC 14,071 15,733
    21036P108 CONSTELLATION BRANDS 16,091 19,057
    539830109 LOCKHEED MARTIN CORP 21,178 21,654
    883556102 THERMO FISHER SCIENT 14,834 28,413
    H1467J104 CHUBB LTD    
    14040H105 CAPITAL ONE FINANCIA 10,718 10,577
    713448108 PEPSICO INC 7,096 8,898
    166764100 CHEVRONTEXACO CORP 19,483 18,917
    337738108 FISERV INC COM 20,206 22,317
    701094104 PARKER-HANNIFIN CORP 8,825 9,262
    058498106 BALL CORP 14,469 20,313
    43300A203 HILTON WORLDWIDE HOL 11,310 16,244

    TY 2020 InvestmentsOtherSchedule2
    Name:
    DEMEO FOUNDATION INC
    EIN:
    47-5305934
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    09256H336 BLACKROCK MULTI-ASSE AT COST 69,192 72,391
    258620301 DOUBLELINE CORE FIXE AT COST 165,240 173,841
    72201M719 PIMCO INCOME FUND AT COST 177,586 179,579
    32008F200 FIRST EAGLE OVERSEAS AT COST 141,076 150,729

    TY 2020 OtherDecreasesSchedule
    Name:
    DEMEO FOUNDATION INC
    EIN:
    47-5305934
    Description Amount
    ROUNDING 1


    TY 2020 OtherExpensesSchedule
    Name:
    DEMEO FOUNDATION INC
    EIN:
    47-5305934
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING FEE 250 0   250
    OTHER EXPENSE (NON-DEDUCTIBLE 9 0   9


    TY 2020 OtherIncomeSchedule2
    Name:
    DEMEO FOUNDATION INC
    EIN:
    47-5305934
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL TAX REFUND 326 0  


    TY 2020 OtherIncreasesSchedule
    Name:
    DEMEO FOUNDATION INC
    EIN:
    47-5305934
    Description Amount
    TYE INC ADJ 20


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    DEMEO FOUNDATION INC
    EIN:
    47-5305934
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMNT MNGMNT FEES (NON-DED 16,004 9,602   6,401


    TY 2020 TaxesSchedule
    Name:
    DEMEO FOUNDATION INC
    EIN:
    47-5305934
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 434 434   0