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
BEATRIX FINSTON PADWAY CHARITABLE TRUST
FOR ARTS AND EDUCATION
Number and street (or P.O. box number if mail is not delivered to street address)1529 GILCREST DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BEVERLY HILLS, CA902102515
A Employer identification number

31-6018432
B Telephone number (see instructions)

(310) 246-6707
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$16,194,565J 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 707 707  
4 Dividends and interest from securities... 412,353 412,353  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -44,406
b Gross sales price for all assets on line 6a 5,020,085
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 844 844  
12 Total. Add lines 1 through 11........ 369,498 413,904  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 143,000 57,200   85,800
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 5,000 0   3,000
b Accounting fees (attach schedule)....... Click to see attachment 10,135 7,000   0
c Other professional fees (attach schedule).... Click to see attachment 103,751 85,866   8,900
17 Interest............... 24 0   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,283 5,198   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 362 0   362
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 7,225 0   1,400
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 274,780 155,264   99,462
25 Contributions, gifts, grants paid....... 800,000 800,000
26 Total expenses and disbursements. Add lines 24 and 25 1,074,780 155,264   899,462
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -705,282
b Net investment income (if negative, enter -0-) 258,640
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 93,246 344,693 344,693
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 10,562 1,313  
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment115,096 117,898
b Investments—corporate stock (attach schedule)....... 2,305,341 Click to see attachment2,377,618 3,739,135
c Investments—corporate bonds (attach schedule)....... 12,473,249 Click to see attachment11,338,396 11,992,839
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis 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) 14,882,398 14,177,116 16,194,565
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 14,882,398 14,177,116
29 Total net assets or fund balances (see instructions)..... 14,882,398 14,177,116
30 Total liabilities and net assets/fund balances (see instructions). 14,882,398 14,177,116
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
14,882,398
2
Enter amount from Part I, line 27a .....................
2
-705,282
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
14,177,116
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
14,177,116
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 ACCENTURE PLC IRELANDSHS CL A P 2020-04-16 2020-11-12
b ADOBE SYSTEMS INC P 2019-09-20 2020-02-20
c ADOBE SYSTEMS INC P 2019-09-20 2002-07-15
d ALIBABA GROUP HOLDING LTDSPONSORED ADS P 2020-02-24 2020-05-28
e ALIBABA GROUP HOLDING LTDSPONSORED ADS P 2020-04-01 2020-05-28
ALPHABET INC CLASS CCAPITAL STOCK P 2016-03-28 2020-01-16
ANDEAVOR LOGIS LP/CORPLOGISTICS FIN CORP SR NT6.37500% 5/1/2024 P 2017-10-18 2020-08-29
ANIXTER INC5.12500% 10/1/2021 P 2016-05-04 2020-07-22
APPLE INC P 2016-03-28 2020-07-15
APPLE INC P 2016-03-28 2020-08-10
APPLIED MATERIALS INCSR NT4.30000% 6/15/2021 P 2016-10-17 2020-06-27
AT&T INCNOTES4.45000% 5/15/2021 P 2015-04-22 2020-06-29
AT&T INCNOTES4.45000% 5/15/2021 P 2016-04-16 2020-06-29
AT&T INCNOTES4.45000% 5/15/2021 P 2015-02-20 2020-06-29
BOEING CO P 2020-03-06 2020-03-18
BOEING CO P 2020-03-10 2020-03-18
BOOKING HOLDINGS INC P 2019-05-23 2020-02-26
BOOKING HOLDINGS INC P 2019-05-31 2020-02-22
BOOKING HOLDINGS INC P 2019-05-17 2020-02-26
CABOT OIL & GAS CORP P 2016-07-25 2020-02-27
CABOT OIL & GAS CORP P 2016-06-02 2020-02-27
CABOT OIL & GAS CORP P 2017-01-31 2020-02-27
CABOT OIL & GAS CORP P 2017-01-03 2020-02-27
CABOT OIL & GAS CORP P 2019-07-26 2020-02-22
CHURCH & DWIGHT CO INC P 2017-11-16 2020-08-06
CHURCH & DWIGHT CO INC P 2017-11-02 2020-08-06
CHURCH & DWIGHT CO INC P 2019-02-05 2020-07-13
CHURCH & DWIGHT CO INC P 2017-08-31 2020-07-13
CHURCH & DWIGHT CO INC P 2017-11-02 2020-07-13
CISCO SYSTEMS INC P 2019-11-14 2020-02-27
CISCO SYSTEMS INC P 2019-11-22 2020-02-27
CISCO SYSTEMS INC P 2019-10-10 2020-02-27
CISCO SYSTEMS INC P 2019-09-26 2020-02-27
CVS HEALTH CORP P 2016-10-28 2020-02-26
CVS HEALTH CORP P 2016-07-25 2020-02-26
CVS HEALTH CORP P 2016-06-02 2020-02-26
CVS HEALTH CORP P 2016-03-28 2020-02-26
CVS HEALTH CORP P 2016-07-27 2020-02-26
CVS HEALTH CORP P 2019-01-28 2020-02-26
CVS HEALTH CORP P 2018-08-09 2020-02-26
D.R. HORTON INC4.00000% 2/15/2020 23331ABK4FA_15 P 2015-02-06 2020-01-10
D.R. HORTON INC4.00000% 2/15/2020 23331ABK4FA_15 P 2015-02-09 2020-01-10
DANAHER CORP P 2016-03-28 2020-08-03
DANAHER CORP P 2017-08-31 2020-11-20
DPL INCNT 7.25%217.25000% 10/15/2021 P 2014-05-28 2020-07-20
DPL INCNT 7.25%217.25000% 10/15/2021 P 2014-08-25 2020-07-20
ENTERGY CORPSR NT5.12500% 9/15/2020 P 2015-05-07 2020-06-19
ENTERGY CORPSR NT5.12500% 9/15/2020 P 2016-04-26 2020-06-19
ENTERGY CORPSR NT5.12500% 9/15/2020 P 2015-05-07 2020-06-19
EOG RESOURCES INC P 2019-10-23 2020-04-06
EOG RESOURCES INC P 2019-10-22 2020-04-06
EOG RESOURCES INC P 2018-02-28 2020-04-06
EOG RESOURCES INC P 2019-10-31 2020-04-06
EOG RESOURCES INC P 2018-11-02 2020-04-06
EOG RESOURCES INC P 2016-03-28 2020-04-06
INTUIT INC P 2019-11-22 2020-08-13
INTUIT INC P 2019-09-12 2020-08-13
JPMORGAN CHASE & CONT4.62500% 5/10/2021 P 2016-03-02 2020-09-21
MARRIOTT INTERNATIONAL INC NEWCL A P 2018-08-09 2020-03-18
MEDTRONIC PLCCOM P 2019-04-04 2020-08-06
MEDTRONIC PLCCOM P 2019-04-04 2020-07-14
MEDTRONIC PLCCOM P 2020-03-02 2020-07-14
MEDTRONIC PLCCOM P 2019-04-08 2020-08-07
MEDTRONIC PLCCOM P 2019-04-04 2020-08-07
MOODYS CORP P 2016-06-29 2020-02-27
NIKE INC-CL B P 2019-08-26 2020-05-28
OMNICOM FIN INC4.45000% 8/15/2020 P 2015-04-23 2020-03-23
OMNICOM FIN INC4.45000% 8/15/2020 P 2015-04-23 2020-03-23
OMNICOM GROUP INC P 2020-06-09 2020-11-12
OMNICOM GROUP INC P 2020-06-11 2020-11-12
PHILLIPS 66COM P 2020-08-10 2020-11-12
PHILLIPS 66COM P 2020-06-22 2020-11-12
PHILLIPS 66COM P 2020-06-29 2020-11-12
RYDER SYSTEM INC3.50000% 6/1/2021 P 2018-07-31 2020-12-07
TUPPERWARE BRANDS CORP4.75%214.75000% 6/1/2021 P 2014-03-17 2020-02-28
UNILEVER CAPITAL CORP1.80000% 5/5/2020 P 2017-05-02 2020-04-28
UNITED RENTALS NORTH AM6.50000% 12/15/2026 P 2018-10-25 2020-08-10
VIACOMCBS INCSR UNSECURED4.50000% 3/1/2021 P 2015-05-07 2020-05-18
VIACOMCBS INCSR UNSECURED4.50000% 3/1/2021 P 2015-02-19 2020-05-18
WAL-MART INC P 2020-06-11 2020-08-27
WAL-MART INC P 2020-09-03 2020-06-11
WALT DISNEY CO HOLDING CO P 2019-05-17 2020-02-27
WILLIAMS PARTNERS LP5.25%205.25000% 3/15/2020 P 2015-02-06 2020-02-25
ZIMMER BIOMET HOLDGS INC P 2016-11-22 2020-02-04
ZIMMER BIOMET HOLDGS INC P 2016-11-22 2020-04-06
ZOETIS INCSENIOR NOTES3.45000% 11/13/2020 P 2019-02-27 2020-10-13
DOWDUPONT INC3.76600% 11/15/2020 P 2018-11-14 2020-11-15
EOG RESOURCES INC2.45000% 4/1/2020 P 2019-01-22 2020-04-01
MARRIOTT INTERNATIONALQUARTERLY0.84600%12/01/2020 P 2018-11-13 2020-12-01
NUTRIEN LTD4.87500% 3/30/2020 P 2016-07-27 2020-03-30
WILLIAMS PARTNERS LP5.25%205.25000% P 2015-02-06 2020-03-15
WILLIAMS PARTNERS LP5.25%205.25000% P 2016-08-05 2020-03-15
(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 85,821   60,806 25,015
b 38,348   27,736 10,612
c 6,527   4,160 2,367
d 47,171   48,171 -1,000
e 15,055   14,151 904
15,904   8,098 7,806
103,188   105,616 -2,428
10,530   10,036 494
19,455   5,273 14,182
44,972   10,547 34,425
212,759   209,791 2,968
77,679   76,120 1,559
131,536   129,282 2,254
103,572   101,311 2,261
24,297   65,007 -40,710
2,430   5,491 -3,061
18,497   18,917 -420
3,363   3,316 47
58,854   62,998 -4,144
6,963   11,839 -4,876
4,178   7,296 -3,118
13,925   21,400 -7,475
16,710   26,646 -9,936
15,318   21,421 -6,103
11,890   5,635 6,255
11,890   5,672 6,218
10,367   7,552 2,815
18,661   11,237 7,424
22,808   12,479 10,329
19,646   21,307 -1,661
4,136   4,767 -631
23,782   26,410 -2,628
41,359   48,632 -7,273
18,975   25,083 -6,108
9,488   14,084 -4,596
15,813   24,123 -8,310
50,601   81,615 -31,014
12,650   20,525 -7,875
3,163   3,231 -68
3,163   3,433 -270
13,015   13,002 13
57,064   57,008 56
46,394   16,447 29,947
22,553   8,268 14,285
49,730   46,668 3,062
2,162   2,029 133
30,000   30,150 -150
164,000   164,926 -926
100,000   100,499 -499
1,959   3,466 -1,507
1,959   3,475 -1,516
3,917   10,189 -6,272
5,876   10,405 -4,529
9,793   25,937 -16,144
30,358   57,544 -27,186
4,928   4,143 785
38,503   33,672 4,831
77,134   75,929 1,205
39,211   94,375 -55,164
24,171   22,301 1,870
37,534   35,681 1,853
11,729   12,658 -929
17,163   15,485 1,678
7,355   6,690 665
28,998   10,491 18,507
59,733   49,029 10,704
30,476   30,243 233
60,951   60,486 465
43,724   47,723 -3,999
31,030   30,146 884
5,591   6,442 -851
53,119   70,140 -17,021
11,183   13,775 -2,592
304,758   300,057 4,701
104,063   126,453 -22,390
300,030   299,043 987
111,088   100,103 10,985
103,247   101,080 2,167
77,435   75,815 1,620
41,030   36,524 4,506
50,878   42,612 8,266
22,436   25,094 -2,658
50,088   50,052 36
35,620   22,640 12,980
31,655   33,322 -1,667
150,000   150,045 -45
289,000   289,000 0
125,000   125,000 0
300,000   300,000 0
297,000   297,000 0
85,000   85,009 -9
65,000   65,006 -6
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       25,015
b       10,612
c       2,367
d       -1,000
e       904
      7,806
      -2,428
      494
      14,182
      34,425
      2,968
      1,559
      2,254
      2,261
      -40,710
      -3,061
      -420
      47
      -4,144
      -4,876
      -3,118
      -7,475
      -9,936
      -6,103
      6,255
      6,218
      2,815
      7,424
      10,329
      -1,661
      -631
      -2,628
      -7,273
      -6,108
      -4,596
      -8,310
      -31,014
      -7,875
      -68
      -270
      13
      56
      29,947
      14,285
      3,062
      133
      -150
      -926
      -499
      -1,507
      -1,516
      -6,272
      -4,529
      -16,144
      -27,186
      785
      4,831
      1,205
      -55,164
      1,870
      1,853
      -929
      1,678
      665
      18,507
      10,704
      233
      465
      -3,999
      884
      -851
      -17,021
      -2,592
      4,701
      -22,390
      987
      10,985
      2,167
      1,620
      4,506
      8,266
      -2,658
      36
      12,980
      -1,667
      -45
      0
      0
      0
      0
      -9
      -6
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 -44,406
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 3,595
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 3,595
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 3,595
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,234
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 3,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,734
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 43
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 1,096
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,096 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMICHAEL D SCHWARTZ CPA APC Telephone no.bullet (818) 852-7281

    Located atbullet30101 AGOURA COURT SUITE 112AGOURA HILLSCA ZIP+4bullet91301
    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
    IRA W KRINSKY TRUSTEE
    20.00     		143,000 0 0
    1529 GILCREST DRIVE
    BEVERLY HILLS,CA90210
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    15,294,340
    b
    Average of monthly cash balances.......................
    1b
    445,022
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    15,739,362
    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
    15,739,362
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    236,090
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    15,503,272
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    775,164
    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
    775,164
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,595
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,595
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    771,569
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    771,569
    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
    771,569
    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
    899,462
    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
    899,462
    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
    899,462
    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 7 771,569
    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...... 93,720
    b From 2016...... 36,211
    c From 2017...... 30,845
    d From 2018...... 111,205
    e From 2019...... 874,004
    fTotal of lines 3a through e........ 1,145,985
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 899,462
    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..... 771,569
    e Remaining amount distributed out of corpus 127,893
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,273,878
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		93,720
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,180,158
    10 Analysis of line 9:
    a Excess from 2016.... 36,211
    b Excess from 2017.... 30,845
    c Excess from 2018.... 111,205
    d Excess from 2019.... 874,004
    e Excess from 2020.... 127,893
    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
    ART CENTER COLLEGE OF DESIGN
    1700 LIDA STREET
    PASADENA,CA91130     		NONE OTHER PUBLIC CHARITY PROVIDE FUNDS FOR THE SCHOLARSHIP PROGRAMS 25,000
    CALIFORNIA STATE UNIVERSITY LOS ANGELES FOUNDATION
    5151 STATE UNIVERSITY DRIVE
    LOS ANGELES,CA90032     		NONE OTHER PUBLIC CHARITY PROVIDE FUNDS FOR THE DEPT OF CRIMINAL JUSTICE & POPP PROGRAMS 25,000
    CEDARS-SINAI MEDICAL CENTER
    8700 BEVERLY BLVD ROOM 2416
    LOS ANGELES,CA90048     		NONE OTHER PUBLIC CHARITY PROVIDE FUNDS FOR NEURO-ONCOLOGY FELLOWSHIP PROGRAMNEURO ONCOLOGY 50,000
    GRANADA HILLS CHARTER EDUCATION FOUNDATION
    10535 ZELZAH AVENUE
    GRANADA HILLS,CA91344     		NONE OTHER PUBLIC CHARITY PROVIDE FUNDS FOR THE ACADEMIC DECATHLON TEAM 10,000
    HARVARD UNIVERSITY
    13 APPIAN WAY
    CAMBRIDGE,MA02138     		NONE OTHER PUBLIC CHARITY DOCTOR OF EDUCATION LEADERSHIP PROGRAMDOCTOR OF EDUCATION LEADERSHIP PROGRAM 25,000
    INNER-CITY ARTS
    720 KOHLER STREET
    LOS ANGELES,CA90021     		NONE OTHER PUBLIC CHARITY PROVIDE FUNDS FOR GENERAL OPERATING SUPPORT 25,000
    LA'S BEST
    200 NORTH SPRING STREET SUITE M-120
    LOS ANGELES,CA90012     		NONE OTHER PUBLIC CHARITY AFTER SCHOOL ENRICHMENT PROGRAM 5,000
    LIBRARY FOUNDATION OF LOS ANGELES
    630 WEST FIFTH STREET
    LOS ANGELES,CA90071     		NONE OTHER PUBLIC CHARITY FULL STEAM AHEAD PROGRAM 25,000
    LOS ANGELES LEADERSHIP ACADEMY
    2670 GRIFFIN AVENUE
    LOS ANGELES,CA90031     		NONE OTHER PUBLIC CHARITY URBAN FARM PROGRAM 25,000
    LOS ANGELES POLICE ACADEMY MAGNET SCHOOLS FOUNDATION
    1529 GILCREST DRIVE
    BEVERLY HILLS,CA90210     		NONE OTHER PUBLIC CHARITY PROVIDE FUNDS FOR THE ORGANIZATIONS PROGRAMS & SERVICES 75,000
    LOYOLA MARYMOUNT UNIVERSITY
    1 LMU DRIVE UHALL 2100
    LOS ANGELES,CA90045     		NONE OTHER PUBLIC CHARITY EDUCATIONAL LEADERSHIP FOR SOCIAL JUSTICE PROGRAM 25,000
    MARLBOROUGH SCHOOL
    250 SOUTH ROSSMORE AVE
    LOS ANGELES,CA90004     		NONE OTHER PUBLIC CHARITY STEM+ ROBOTICS PROGRAM 25,000
    MARYMOUNT HIGH SCHOOL
    10643 SUNSET BLVD
    LOS ANGELES,CA90077     		NONE OTHER PUBLIC CHARITY STEM PROGRAM 25,000
    MILKEN COMMUNITY SCHOOL
    15900 MULHOLLAND DRIVE
    LOS ANGELES,CA90049     		NONE OTHER PUBLIC CHARITY SAPERSTEIN MIDDLE SCHOOL CAMP 10,000
    NATIONAL ASSOCIATION OF VETERAN-SERVING ORGANIZATION
    1405 S FERN STREET
    ARLINGTON,VA22202     		NONE OTHER PUBLIC CHARITY EDUCATIONAL RESOURCES FOR MILITARY VETERANS 25,000
    PARDEE RAND GRADUATE SCHOOL
    1776 MAIN STREET
    SANTA MONICA,CA90401     		NONE OTHER PUBLIC CHARITY CAREER SERVICES PROGRAM 25,000
    SOUTHWESTERN LAW SCHOOL FOUNDATION
    3050 WILSHIRE BLVD
    LOS ANGELES,CA90010     		NONE OTHER PUBLIC CHARITY CHARLIE & LEONA GOLDRING SCHOLARSHIP FUND 25,000
    STUDENTS RUN LA
    5252 CREBS AVENUE
    TARZANA,CA91356     		NONE OTHER PUBLIC CHARITY PROVIDE FUNDS FOR GENERAL OPERATING SUPPORT 25,000
    TEACH FOR AMERICA LOS ANGELES
    6060 SOUTH OLIVE STREET SUITE 300
    LOS ANGELES,CA90014     		NONE OTHER PUBLIC CHARITY TRAINING FIRST YEAR TEACHERS 25,000
    THE COLBURN SCHOOL
    200 S GRAND AVE
    LOS ANGELES,CA90012     		NONE OTHER PUBLIC CHARITY COLBURN ARTISTS FUND 25,000
    THE JULLIARD SCHOOL
    60 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		NONE OTHER PUBLIC CHARITY TITO PUENTE SCHOLARSHIP FUND 50,000
    THE MUSIC CENTER
    135 N GRAND AVENUE
    LOS ANGELES,CA90012     		NONE OTHER PUBLIC CHARITY SPOTLIGHT PROGRAM 25,000
    THE UCLA FOUNDATION
    7256 BOELTER HALL
    LOS ANGELES,CA90095     		NONE OTHER PUBLIC CHARITY WOMEN IN ENGINEERING 50,000
    THE UCLA FOUNDATION
    MOORE HALL BOX 951521
    LOS ANGELES,CA90095     		NONE OTHER PUBLIC CHARITY EDUCATIONAL LEADERSHIP PROGRAM 25,000
    USC ROSSIER SCHOOL OF EDUCATION
    WAITE PHILLIPS HALL 1004H
    LOS ANGELES,CA90089     		NONE OTHER PUBLIC CHARITY EDUCATIONAL LEADERSHIP PROGRAM & CENTER EDGE 55,000
    WEST LOS ANGELES COLLEGE FOUNDATION
    9000 OVERLAND AVENUE
    CULVER CITY,CA90210     		NONE OTHER PUBLIC CHARITY ADMINISTRATION OF JUSTICE PROGRAM 20,000
    WESTRIDGE SCHOOL
    324 MADELINE DRIVE
    PASADENA,CA91105     		NONE OTHER PUBLIC CHARITY PROVIDE FUNDS FOR THE STEMWORK DESIGN STUDIO 50,000
    Total .................................bullet 3a 800,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		        707
    4 Dividends and interest from securities....         412,353
    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..... 512000 844      
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        -44,406
    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).. 844 0 368,654
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    369,498
    (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.)
    4 PROVIDES ADDITIONAL FUNDS TO MAKE CHARITABLE GRANTS
    5 PROVIDES ADDITIONAL FUNDS TO MAKE CHARITABLE GRANTS
    7 PROVIDES ADDITIONAL FUNDS TO MAKE CHARITABLE GRANTS
    8 PROVIDES ADDITIONAL FUNDS TO MAKE CHARITABLE GRANTS
    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:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 10,135 7,000   0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    Name of Bond End of Year Book Value End of Year Fair Market Value
    TOLL BROS FINANCE CORP 2/15/22 70,948 72,800
    BOSTON SCIENTIFIC CORP 4.125% 10/1/23 137,641 145,720
    INGERSOLL-RAND GLOBAL HLDG 4.25% 6/15/23 127,949 136,363
    MARSH & MCLENNAN COS INC 4.05% 10/15/23 126,981 134,321
    MOODYS CORP 4.5% 9/1/22 76,361 79,224
    BALL CORP SENIOR NOTE 5% 3/15/22 100,876 104,625
    EXPRESS SCRIPTS HOLDING CO 4.5% 2/25/26 249,389 278,285
    INTERCONTINENTAL EXCHANGE 4% 10/15/23 305,758 325,810
    LINCOLN NATIANAL CORP 4.2% 3/15/22 304,985 312,984
    NASDAQ INC 4.25% 6/1/24 142,562 155,296
    PSEG POWER LLC 4.3% 11/15/23 103,477 109,108
    SUNOCO LOGISTICS PARTNERS 4.4% 4/1/21 153,516 153,956
    PRUDENTIAL FINL INC 4.5% 11/16/21 152,469 155,430
    CITIGROUP INC 4.5% 1/14/22 304,479 312,804
    WESTERN UNION CO 3.6% 3/15/22 100,665 103,273
    NORTHROP GRUMMAN CORP 3.25% 8/1/23 152,077 161,222
    CROWN CASTLE INTL CORP 4.45% 2/15/26 103,962 115,712
    LENNAR CORP 4.875% 12/15/23 102,387 110,500
    HERSHEY COMPANY NOTE 3.1% 5/15/21 200,036 202,082
    EQUIFAX, INC NOTE 3.6% 8/15/21 99,640 101,864
    SEMPRA ENERGY NOTE 2.9% 2/1/23 309,547 325,243
    CNH INDUSTRIAL N.V. 4.5% 8/15/23 101,056 109,039
    METLIFE INC BOND 4.368% 9/15/23 305,636 332,334
    VALERO ENERGY CORP NOTE 4.35% 6/1/28 299,736 341,463
    GILEAD SCIENCES INC 3.65% 3/1/26 159,877 170,172
    TRANSCANADA PIPELINES LTD 3.75% 10/16/23 101,455 108,064
    OCCIDENTAL PETROLEUM CORP 2.9% 8/15/24 100,047 96,250
    BUNGE LTD FINANCE CORP 4.35% 3/15/24 295,584 330,942
    TOYOTA MOTOR CREDIT CORP 3.05% 1/8/21 137,917 138,033
    AMERIGAS PARTNERS LP 5.625% 5/20/24 98,280 107,750
    EDWARDS LIFESCIENCES CORP 4.3% 6/15/28 289,740 307,710
    CONSTELLATION BRANDS INC 4.65% 11/15/28 307,622 365,535
    UNITEDHEALTH GROUP INC 3.75% 7/15/25 318,975 341,802
    GOLDMAN SACHS GROUP 3.625% 1/22/23 303,524 320,139
    GLAXOSMITHKLINE CAPITAL PLC 2.875% 6/1/22 100,016 103,403
    NORTHERN TRUST CORP 3.95% 10/30/25 264,881 288,540
    CONSOLIDATED EDISON CO NY INC 3.8% 5/15/28 161,950 173,568
    BANK AMERICA CORP 4% 4/1/24 305,959 333,018
    CVS HEALTH CORP 4.1% 3/25/25 304,846 339,735
    MARATHON OIL CORP 4.4% 7/15/27 313,174 333,489
    APACHE CORP 4.375% 10/15/28 305,662 312,294
    PNC FINANCIAL SERVICES GROUP INC 3.5% 1/23/24 310,703 326,961
    PHILLIPS 66 PARTNERS LP 3.75% 3/1/28 308,824 325,470
    ZOETIS INC 3% 9/12/27 221,719 223,798
    KINDER MORGAN ENERGY PTNRS 4.3% 5/1/24 101,935 110,723
    ORACLE CORP 2.8% 7/8/21 237,437 238,118
    STATE STREET CORP 2.65% 5/19/26 329,051 330,051
    NATIONAL RURAL UTILS COOP 3.25% 11/1/25 334,190 334,140
    FEDEX CORP 3.8% 5/15/25 322,109 364,619
    WELLS FARGO & CO 3.75% 1/24/24 298,408 304,582
    WALGREENS BOOTS ALLIANCE 3.45% 6/1/26 332,992 331,800
    INTERNATIONAL BUSINESS MACHINES 3.3% 5/15/26 106,205 112,996
    FISERV INC 3.2% 7/1/26 331,849 336,054
    L BRANDS INC 5.625% 2/15/22 101,332 103,625

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ROPER TECHNOLOGIES INC 21,409 53,886
    DANAHER CORP 19,712 55,535
    APPLE INC 26,367 132,690
    JP MORGAN CHASE & CO 44,742 95,303
    ASML HOLDING NV 24,234 121,930
    CME GROUP INC 20,674 41,872
    JOHNSON & JOHNSON 91,705 118,035
    MOODYS CORP 16,877 53,694
    ALPHABET INC 87,311 208,474
    EDWARDS LIFESCIENCES CORP 64,667 130,003
    FIDELITY NATIONAL INFORMATION SERVICES INC 53,993 102,559
    MOTOROLA SOLUTIONS INC 67,002 119,042
    CHURCH & DWIGHT CO INC 29,895 58,880
    INTUIT INC 49,822 88,885
    TRANSUNION 74,926 146,350
    CIGNA CORPORATION 124,349 124,908
    AMAZON.COM INC 76,822 169,360
    HOME DEPOT INC 96,952 146,091
    MCDONALDS CORP 55,082 75,103
    CDW CORPORATION 63,373 95,548
    ADOBE INC 30,510 55,013
    MICROSOFT CORP 120,838 233,541
    UNION PACIFIC CORP 65,746 78,083
    WALT DISNEY COMPANY 52,900 70,660
    TJX COMPANIES INC 75,141 109,264
    AON PLC 64,249 65,494
    AT&T INC 5% PREFERRED 103,040 108,560
    BANK OF AMERICA 5% PREFERRED 105,507 109,120
    CHUBB LIMITED 83,302 110,979
    COOPER COS INC 64,148 81,747
    CITIGROUP INC 6.3% PREFERRED 103,560 102,240
    FISERV INC 111,729 128,093
    NEXTERA ENERGY INC 45,603 61,720
    RAYTHEON TECHNOLOGIES CORP 47,908 50,057
    STRYKER CORPORATION 45,417 61,260
    VISA INC 63,278 67,806
    UNITEDHEALTH GROUP INC 65,665 87,670
    WELLS FARGO & CO 5% PREFERRED 19,163 19,680

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

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


    115,096
    State & Local Government Securities - End of Year Fair Market Value:


    117,898


    TY 2020 LegalFeesSchedule
    Name:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 5,000 0   3,000


    TY 2020 OtherExpensesSchedule
    Name:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 3,051 0   0
    OFFICE 424 0   0
    POSTAGE & DELIVERY 1,600 0   1,400
    STORAGE 233 0   0
    TELEPHONE 1,822 0   0
    BANK CHARGES 95 0   0


    TY 2020 OtherIncomeSchedule2
    Name:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    AMERICAN SOCIETY OF COMPOSERS. AUTHORS AND PUBLISHERS 844 844 844


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 85,866 85,866   0
    ADMINISTRATIVE & BOOKKEEPING 17,800 0   8,900
    CONSULTING 85 0   0


    TY 2020 TaxesSchedule
    Name:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN WITHHOLDING 112 112   0
    FILING FEES 85 0   0
    EXCISE 5,086 5,086   0