TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
BERNARD HEEREY FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1 N LASALLE STREET NO 1100
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL606023904

A Employer identification number

14-1840613

B Telephone number (see instructions)

(312) 782-2610

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$78,876,026J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	26,177		26,177
4	Dividends and interest from securities...	1,386,424		1,386,424
5a	Gross rents............	1,199,347		1,199,347
b	Net rental income or (loss) -29,630
6a	Net gain or (loss) from sale of assets not on line 10		6,130,349
b	Gross sales price for all assets on line 6a 9,941,040
7	Capital gain net income (from Part IV, line 2)...			6,130,349
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	8,742,297		8,742,297
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......	45,852		45,852	0
15	Pension plans, employee benefits.......	6,776		6,776	0
16a	Legal fees (attach schedule).........		1,185,722	909,567	276,155
b	Accounting fees (attach schedule).......		36,454	32,751	3,703
c	Other professional fees (attach schedule)....		57,398	57,398	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		387,929	289,583	0
19	Depreciation (attach schedule) and depletion...		109,548	109,548
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		217,170	215,576	1,594
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	2,046,849		1,667,051	281,452
25	Contributions, gifts, grants paid.......	3,370,671			3,370,671
26	Total expenses and disbursements. Add lines 24 and 25	5,417,520		1,667,051	3,652,123
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	3,324,777
b	Net investment income (if negative, enter -0-)			7,075,246
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	362,538	349,987	349,987
	2	Savings and temporary cash investments.........	13,948,223	14,507,834	14,507,855
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	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).......	31,130,202	33,980,922	54,209,230
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis 5,085,747
		Less: accumulated depreciation (attach schedule) 1,462,045	3,616,680	3,623,702	9,800,000
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	103,022	8,954	8,954
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	49,160,665	52,471,399	78,876,026
	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 )	76,920	61,370
	23	Total liabilities (add lines 17 through 22).........	76,920	61,370
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	49,083,745	52,410,029
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	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).....	49,083,745	52,410,029
	30	Total liabilities and net assets/fund balances (see instructions).	49,160,665	52,471,399

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

49,083,745

Enter amount from Part I, line 27a .....................

3,324,777

Other increases not included in line 2 (itemize) bullet

37,738

Add lines 1, 2, and 3 ..........................

52,446,260

Decreases not included in line 2 (itemize) bullet

36,231

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

52,410,029

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	PUBLICLY TRADED SECURITIES AT FIDELITY INVESTMENTS	P
b	53,000 SHARES MEDTRONIC, INC. - DISTRIBUTION	P	2011-08-19	2020-04-03
c	$100,000 DVI INC. - DISTRIBUTION	D	2006-01-01	2020-05-05
d	30,000 SHARES COUNTRYWIDE FINANC. - DISTRIBUTION	P	2007-12-31	2020-05-13
e	43,000 SHARES CITIGROUP INC. - DISTRIBUTION	P	2008-07-14	2020-10-29
	CAPITAL GAIN DISTRIBUTIONS AT FIDELITY INVESTMENTS	P
	MACHINERY & EQUIPMENT FOR INVESTMENT REAL ESTATE DISPOSED OF ON REPLACEMEN	P
	BUILDING IMPROVEMENTS FOR INVESTMENT REAL ESTATE DISPOSED OF FOR NEW USE	P	2015-12-03

(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	9,726,265		3,727,675	5,998,590
b	2,574			2,574
c	121			121
d	40			40
e	1,699			1,699
	210,341			210,341
		397	397	0
		21,971	104,987	-83,016

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			5,998,590
b			2,574
c			121
d			40
e			1,699
			210,341
			0
			-83,016

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	6,130,349
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE

1 Reserved

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	98,346
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	98,346
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	98,346
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	102,680
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	102,680
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	4,334
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax4,334	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

NATHANIEL I GREY Telephone no. bullet

(312) 782-2610

Located at bullet

1 NORTH LASALLE STREET SUITE 1100CHICAGOIL ZIP+4 bullet

606023904

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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-)
GREY GREY BALTZ PC	NOT APPLICABLE 103.00	1,170,358
1 N LASALLE ST 1100 CHICAGO,IL60602	NOT APPLICABLE 103.00	1,170,358
CHARLES E DOBRUSIN	DIRECTOR 0.20	0
200 SOUTH WACKER DRIVE SUITE 2700 CHICAGO,IL60606	DIRECTOR 0.20	0
MARTIN D KERPEL	DIRECTOR 0.20	0
3122 N CALIFORNIA AVENUE 1ST FLOOR CHICAGO,IL60618	DIRECTOR 0.20	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (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
GREY GREY & BALTZ PC	LEGAL, INCLUDING MANAGEMENT & ADMIN	1,170,358
1 NORTH LASALLE STREET SUITE 1100 CHICAGO,IL60602	LEGAL, INCLUDING MANAGEMENT & ADMIN	1,170,358

Total number of others receiving over $50,000 for professional services............. bullet

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	NONE. ALL GRANTS PAID TO TAX-EXEMPT SECTION 501(C)(3)PUBLIC CHARITIES.	0
2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1	NONE	0
2


All other program-related investments. See instructions.
3		0

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

47,804,488

Average of monthly cash balances.......................

17,575,896

Fair market value of all other assets (see instructions)................

9,804,647

Total (add lines 1a, b, and c).........................

75,185,031

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

75,185,031

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

1,127,775

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

74,057,256

Minimum investment return. Enter 5% of line 5..................

3,702,863

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.)

Minimum investment return from Part X, line 6....................

3,702,863

Tax on investment income for 2020 from Part VI, line 5......

98,346

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

98,346

Distributable amount before adjustments. Subtract line 2c from line 1............

3,604,517

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

3,604,517

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

3,604,517

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

3,652,123

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

3,652,123

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

3,652,123

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)

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				3,604,517
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......			2,141,968
b Total for prior years:20, 20, 20		0
3 Excess distributions carryover, if any, to 2020:
a From 2015......
b From 2016......
c From 2017......
d From 2018......
e From 2019......
fTotal of lines 3a through e........	0
4Qualifying distributions for 2020 from Part
XII, line 4: $ 3,652,123
a Applied to 2019, but not more than line 2a			2,141,968
b Applied to undistributed income of prior years (Election required—see instructions).....		0
c Treated as distributions out of corpus (Election required—see instructions)........	0
d Applied to 2020 distributable amount.....				1,510,155
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2020.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........		0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......		0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........		0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............			0
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........				2,094,362
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......	0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...	0
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2016....
b Excess from 2017....
c Excess from 2018....
d Excess from 2019....
e Excess from 2020....

Form 990-PF (2020)

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 section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AKIBA-SCHECHTER JEWISH DAY SCHOOL 5235 S CORNELL AVE CHICAGO,IL60615		501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	143,237
ARIE CROWN HEBREW DAY SCHOOL 4600 MAIN ST SKOKIE,IL60076		501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	135,200
THE ARK 6450 N CALIFORNIA AVE CHICAGO,IL60645		501(C)(3) PUBLIC CHA	ASSISTANCE TO THE ELDERLY	130,886
BENEDICTINE SISTERS OF CHICAGO 7430 N RIDGE BLVD CHICAGO,IL60645		501(C)(3) PUBLIC CHA	ASSISTANCE TO THE ELDERLY	171,425
CHICAGO JEWISH DAY SCHOOL 3730 N CALIFORNIA CHICAGO,IL60618		501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	137,805
COUNCIL FOR JEWISH ELDERLY 3003 W TOUHY AVE CHICAGO,IL60645		501(C)(3) PUBLIC CHA	ASSISTANCE TO THE ELDERLY	483,000
CRISTO REY JESUIT HIGH SCHOOL 1852 W 22ND PL CHICAGO,IL60608		501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	152,150
DE LA SALLE INSTITUTE 3455 S WABASH AVE CHICAGO,IL60616		501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	183,000
GARRETT EVANGELICAL THEOLOGICAL SEMINARY 2121 SHERIDAN RD EVANSTON,IL60614		501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	133,200
HIGHSIGHT 1711 N CLEVELAND AVE CHICAGO,IL60201		501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	50,000
HIGHSIGHT 1711 N CLEVELAND AVE CHICAGO,IL60614		501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	50,000
HILLEL TORAH NORTH SUBURBAN DAY SCHOOL 7120 N LARAMIE AVE SKOKIE,IL60077		501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	192,000
IDA CROWN JEWISH ACADEMY 8233 CENTRAL PARK AVE SKOKIE,IL60076		501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	220,600
IDA CROWN JEWISH ACADEMY 8233 CENTRAL PARK AVE SKOKIE,IL60076		501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	220,000
JEWISH FEDERATION OF METROPOLITAN CHICAGO - UIUC HILLEL 503 E JOHN STREET CHAMPAIGN,IL61820		501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	128,000
LITTLE SISTERS OF THE POOR 2325 N LAKEWOOD AVE CHICAGO,IL60614		501(C)(3) PUBLIC CHA	ASSISTANCE TO THE ELDERLY	200,000
MIDWEST AGUSTINIANS 5401 S CORNELL AVE CHICAGO,IL60615		501(C)(3) PUBLIC CHA	ASSISTANCE TO THE ELDERLY	53,000
MUNDELEIN SEMINARY 1000 E MAPLE AVE MUNDELEIN,IL60060		501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	62,723
REGINA DOMINICAN HIGH SCHOOL 701 LOCUST RD WILMETTE,IL60091		501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	61,644
THE SELFHELP HOME 908 W ARGYLE ST CHICAGO,IL60640		501(C)(3) PUBLIC CHA	ASSISTANCE TO THE ELDERLY	159,801
SOLOMON SCHECHTER DAY SCHOOL 3210 DUNDEE RD NORTHBROOK,IL60062		501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	103,000
UNIVERSITY OF CHICAGO LAW SCHOOL 1111 E 60TH ST CHICAGO,IL60637		501(C)(3) PUBLIC CHA	FELLOWHIPS TO WORTHY STUDENTS	200,000
Total ................................. 3a				3,370,671

bApproved for future payment
IDA CROWN JEWISH ACADEMY 8233 CENTRAL PARK AVE SKOKIE,IL60076	501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	220,000
JEWISH FEDERATION OF METROPOLITAN CHICAGO - UIUC HILLEL 503 E JOHN STREET CHAMPAIGN,IL61820	501(C)(3) PUBLIC CHA	SCHOLARSHIPS TO WORTHY STUDENTS	132,000
Total ................................. 3b			352,000

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	(e) Related or exempt function income (See instructions.)
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 ...........			14	26,177
4 Dividends and interest from securities....			14	1,386,424
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	-29,630
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	6,130,349
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		7,513,320	0

13Total. Add line 12, columns (b), (d), and (e)..................

7,513,320

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2020)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

BERNARD HEEREY FAMILY FOUNDATION

EIN:

14-1840613

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
INVESTMENT REAL ESTATE	24,584	24,584	0
GENERAL ADMINISTRATION	10,829	7,126	3,703
INVESTMENT REAL ESTATE - PAYROLL PROCESSING	1,041	1,041	0

- TIN:

TY 2020 AllOthProgRltdInvestmentsSch

Name:

BERNARD HEEREY FAMILY FOUNDATION

EIN:

14-1840613

Category	Amount
NONE	0

- TIN:

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

TY 2020 AmortizationSchedule

Name:

BERNARD HEEREY FAMILY FOUNDATION

EIN:

14-1840613

Description of Amortized Expenses	Date Acquired, Completed, or Expended	Amount Amortized	Deduction for Prior Years	Amortization Method	Current Year Amortization	Net Investment Income	Total Amount of Amortization
LEASE COMMISION - 1127	2014-09-01	19,885	10,605	120.000000000000	1,988	1,988	12,593
LEASE COMMISSIONS- PT2 1127	2015-05-20	19,885	10,000	111.000000000000	2,143	2,143	12,143
LEASE COMMISSION- 1133	2015-09-03	37,618	16,301	120.000000000000	3,762	3,762	20,063
LEASE COMMISSIONS- 3153	2016-02-15	10,554	6,667	74.000000000000	1,702	1,702	8,369
LEASE COMMISSIONS PT. 2 3153	2016-07-21	10,554	6,304	70.000000000000	1,801	1,801	8,105
3161 BROADWAY 1ST INSTALLMENT COMMISSION	2017-05-01	10,209	5,445	60.000000000000	2,042	2,042	7,487
3161 BROADWAY 2ND INSTALLMENT COMMISSIONS	2017-09-07	10,209	4,764	60.000000000000	2,042	2,042	6,806
LEASE COMMISSION, LAST BAY BEER COMPANY	2018-06-01	34,923	5,529	120.000000000000	3,492	3,492	9,021
LEASE COMMISSIONS- 1133 PT 2	2020-09-01	32,504		60.000000000000	2,167	2,167	2,167

- TIN:

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

TY 2020 DepreciationSchedule

Name:

BERNARD HEEREY FAMILY FOUNDATION

EIN:

14-1840613

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income
BUILDING	2006-01-01	593,524	213,060	SL	39.000000000000	15,219	15,219
LAND	2006-01-01	170,000		L		0	0
BUILDING COMMERCIAL	2006-01-01	140,788	50,539	SL	39.000000000000	3,610	3,610
ROOF COMMERCIAL	2006-01-01	951	341	SL	39.000000000000	24	24
LAND	2006-01-01	70,000		L		0	0
IMPROVEMENTS (14 PROPERTY)	2006-01-01	21,821	20,366	SL	15.000000000000	1,455	1,455
IMPROVEMENTS (15-17 PROPERTY)	2006-01-01	31,858	29,734	SL	15.000000000000	2,124	2,124
LAND (14 PROPERTY)	2006-01-01	225,000		L		0	0
LAND (15-17 PROPERTY)	2006-01-01	328,500		L		0	0
BUILDING COMMERCIAL	2006-01-01	222,428	79,846	SL	39.000000000000	5,703	5,703
REHAB - APT 3TH FL	2006-01-01	16,825	8,565	SL	27.500000000000	612	612
BUILDING COMMERCIAL	2006-01-01	447,778	160,741	SL	39.000000000000	11,481	11,481
WASHER & DRYER	2006-01-01	319	319	SL	5.000000000000	0	0
FURNACE-1133 STATE	2006-01-01	10,559	3,790	SL	39.000000000000	271	271
WASHER/DRYER-4TH FL	2006-01-01	641	641	SL	5.000000000000	0	0
IMPROVEMENTS REAR LOT	2006-01-01	22,692	21,179	SL	15.000000000000	1,513	1,513
IMPROVEMENT APT 2C REMODEL	2006-01-01	10,178	5,182	SL	27.500000000000	370	370
HANDICAP BATHRM-1133 COMM	2006-01-01	3,996	1,434	SL	39.000000000000	102	102
LAND (FRONT)	2006-01-01	330,000		L		0	0
LAND (REAR)	2006-01-01	234,000		L		0	0
LAND	2006-01-01	80,000		L		0	0
FRIDGE	2006-01-01	545	545	SL	5.000000000000	0	0
PLUMBING-REPLC WASTE STACK	2006-01-01	3,670	1,317	SL	39.000000000000	94	94
TNT IMPRVMT ALLOWANCE - STORE	2006-01-01	11,667	4,188	SL	39.000000000000	299	299
STAIR IMPROVEMENT - STORE TNT	2006-01-01	2,962	1,063	SL	39.000000000000	76	76
CARPETING - APT 3C	2006-12-22	1,655	1,655	SL	7.000000000000	0	0
MASONRY & WINDOW CODE VIOLATION IMPROVEMENT	2006-03-15	14,909	5,288	SL	39.000000000000	382	382
MASONRY & WINDOW CODE VIOLATION IMPROVEMENT	2006-01-01	19,873	7,134	SL	39.000000000000	510	510
BLINDS - #4C, #3D, #2C, #2D, #2A, #3A	2007-07-20	1,076	1,076	SL	5.000000000000	0	0
CIRCULATION PUMP - #4A	2007-03-26	708	708	SL	5.000000000000	0	0
CIRCULATION PUMP - #2D	2007-12-20	341	341	SL	5.000000000000	0	0
HOT WATER HEATER - #3B	2007-10-31	397	397	SL	5.000000000000	0	0
CONCRETE DRIVEWAY	2007-09-21	7,874	6,430	SL	15.000000000000	524	524
SEWER LINE/DRAINAGE	2007-09-04	14,100	4,459	SL	39.000000000000	362	362
HOT WATER HEATER	2008-04-21	554	554	SL	5.000000000000	0	0
200 AMP ELECTRICAL PANEL	2008-08-12	6,620	1,938	SL	39.000000000000	170	170
REHAB - APT 4B	2008-12-31	14,561	5,884	SL	27.500000000000	529	529
REHAB - 3161 VANILLA BOXING	2009-12-31	12,904	3,309	SL	39.000000000000	331	331
STOVE - #3B	2009-08-14	480	480	SL	5.000000000000	0	0
STOVE - #3C	2009-10-02	480	480	SL	5.000000000000	0	0
BSMT SWER REPL UNDERSLAB COMM	2009-09-30	5,183	1,362	SL	39.000000000000	133	133
1127 STORE VANILLA BOX	2009-12-31	11,089	2,843	SL	39.000000000000	284	284
ADD'L WORK REHAB S. WALL COMM	2009-12-31	6,504	1,668	SL	39.000000000000	167	167
S. WALL TUCKPOINTING PARTIAL COMM	2009-10-07	7,826	2,057	SL	39.000000000000	201	201
FIRE ESCAPE RAILING UPGRADE	2010-07-07	1,212	419	SL	27.500000000000	44	44
STOVES - #4C	2010-09-21	480	480	SL	5.000000000000	0	0
WASHER/DRYER - #4D	2010-11-17	904	904	SL	5.000000000000	0	0
REHAB - APT 3C	2010-01-19	1,062	383	SL	27.500000000000	39	39
12 APT SCREEN DOORS	2010-05-10	4,360	1,533	SL	27.500000000000	159	159
KITCHEN TILE - #3D	2010-09-29	490	490	SL	5.000000000000	0	0
NEW S EXTERIOR SEWER DN PMT COMM	2010-11-17	5,402	1,258	SL	39.000000000000	139	139
REHAB - APT 2C	2010-09-03	700	238	SL	27.500000000000	25	25
ALARM FOR SUMP PUMP	2010-09-17	800	800	SL	5.000000000000	0	0
1127 STORE BATHROOM ADA CNV	2010-12-31	5,831	1,346	SL	39.000000000000	150	150
NEW TILE - ENTRANCES	2010-10-15	1,200	1,200	SL	5.000000000000	0	0
REHAB 3RD FLOOR APT	2011-12-02	5,105	1,501	SL	27.500000000000	186	186
BUILD-OUT NEW ATTNDNT BOOTH	2011-10-26	5,130	1,074	SL	39.000000000000	44	44
BUILD-OUT 3159 STORE PREMISES	2011-12-21	58,647	12,030	SL	39.000000000000	502	502
INTERIOR GUTTERS - 3155	2011-03-03	5,600	1,268	SL	39.000000000000	144	144
INTERIOR GUTTERS - 3161	2011-03-03	11,200	2,537	SL	39.000000000000	287	287
3161 GARAGE FLOOR DRAINAGE	2011-03-03	4,200	951	SL	39.000000000000	108	108
LAUNDRY UNIT - APT. 2B	2011-01-17	917	917	SL	5.000000000000	0	0
PORCH UPGRADES	2011-06-13	10,070	3,143	SL	27.500000000000	366	366
S. SEWER MAIN LINE REPL COMM	2011-06-17	9,762	2,128	SL	39.000000000000	250	250
DISHWASHER	2011-03-23	258	258	SL	5.000000000000	0	0
3157 BUILD OUT NEW ATTNDNT BOOTH	2012-04-20	1,605	316	SL	39.000000000000	14	14
3159 BUILD OUT STORE PREMISES	2012-06-01	28,962	5,631	SL	39.000000000000	247	247
REHAB 3RD FLOOR APT	2012-12-27	21,741	5,534	SL	27.500000000000	791	791
HVAC 3RD FLOOR APT	2012-08-07	2,600	701	SL	27.500000000000	95	95
HVAC - 3159	2012-02-16	4,000	804	SL	39.000000000000	34	34
WATER HEATER	2012-09-12	412	412	SL	5.000000000000	0	0
PLUMBING - 3159	2012-08-07	3,000	570	SL	39.000000000000	26	26
APT FRONT DOOR EXTERIOR	2012-08-02	2,615	705	SL	27.500000000000	95	95
APT TILE	2012-10-11	2,889	762	SL	27.500000000000	105	105
LOWER EAST ROOF COMMERCIAL	2012-08-30	9,199	1,730	SL	39.000000000000	236	236
HOT WATER HEATER - #2A	2012-08-23	800	800	SL	5.000000000000	0	0
LAUNDRY WASHER & DRYER INSTALL	2012-08-07	1,030	1,030	SL	5.000000000000	0	0
APT CARPETING	2012-10-11	918	918	SL	5.000000000000	0	0
CARPETING - #4B	2012-08-31	1,410	1,410	SL	5.000000000000	0	0
CARPETING - #3D	2012-10-01	1,838	1,838	SL	5.000000000000	0	0
PORCH UPGRADE BALANCE	2012-03-06	1,502	428	SL	27.500000000000	55	55
FRIDGE - #4C	2012-05-31	535	535	SL	5.000000000000	0	0
STOVE - #4B	2012-10-18	502	502	SL	5.000000000000	0	0
BATHROOM FLOORING - #2C	2012-09-27	304	80	SL	27.500000000000	11	11
BATHROOM FLOORING - #2D	2012-09-27	304	80	SL	27.500000000000	11	11
APARTMENT REHAB - #2A	2012-09-27	6,292	1,678	SL	27.500000000000	229	229
APARTMENT REHAB - #2B	2012-07-31	11,784	3,178	SL	27.500000000000	429	429
APARTMENT REHAB	2012-11-27	11,657	3,003	SL	27.500000000000	424	424
WASHER & DRYER	2012-11-16	973	973	SL	5.000000000000	0	0
FRIDGE - #3B	2013-10-11	529	529	SL	5.000000000000	0	0
HOT WATER HEATER - #4A	2013-12-26	1,050	1,050	SL	5.000000000000	0	0
12 WINDOWS - #4D	2013-08-01	8,050	1,878	SL	27.500000000000	293	293
8 WINDOWS - #2B	2013-10-31	5,804	1,301	SL	27.500000000000	211	211
8 WINDOWS - #3B	2013-10-31	5,804	1,301	SL	27.500000000000	211	211
8 WINDOWS - #4B	2013-10-31	5,804	1,301	SL	27.500000000000	211	211
1 WINDOW - #2A	2013-10-03	636	145	SL	27.500000000000	23	23
NORTH APT STAIRWELL CARPET	2013-11-21	1,526	1,526	SL	5.000000000000	0	0
SOUTH APT STAIRWELL CARPET	2013-11-21	1,526	1,526	SL	5.000000000000	0	0
REHAB - #4D	2013-07-23	27,885	6,507	SL	27.500000000000	1,014	1,014
REHAB - #3B	2013-10-25	31,646	7,096	SL	27.500000000000	1,151	1,151
REHAB BALANCE - 3RD FL APT	2013-05-31	4,706	1,127	SL	27.500000000000	171	171
SOUTH STAIRWELL REPLACEMENT	2013-11-21	7,080	1,566	SL	27.500000000000	257	257
GUARDRAIL POSTS - W SIDE OF REAR LOT	2013-10-31	2,992	1,230	SL	15.000000000000	199	199
REPL SEWER CATCH BASIN REAR LOT	2013-10-22	7,050	2,898	SL	15.000000000000	470	470
APT ELECTRIC FIREPLACE	2013-03-26	1,883	462	SL	27.500000000000	68	68
N. STAIRWELL REPL WOOD PART	2013-11-21	3,540	783	SL	27.500000000000	129	129
1127 BSMT REHAB COMMERCIAL	2009-09-30	4,823	1,268	SL	39.000000000000	124	124
FRIDGE 3RD FLOOR APT	2012-08-22	616	616	SL	5.000000000000	0	0
STOVE 3RD FLOOR APT	2012-08-22	606	606	SL	5.000000000000	0	0
DISHWASHER 3RD FLOOR APT	2012-08-22	324	324	SL	5.000000000000	0	0
MICROWAVE 3RD FLOOR APT	2012-08-22	258	258	SL	5.000000000000	0	0
WASHER DRYER 3RD FLOOR	2012-08-22	973	973	SL	5.000000000000	0	0
BUILDING RESIDENTIAL	2006-01-01	704,356	358,581	SL	27.500000000000	25,613	25,613
BUILDING COMMERCIAL	2006-01-01	56,877	28,956	SL	27.500000000000	2,068	2,068
BUILDING RESIDENTIAL	2006-01-01	103,605	52,745	SL	27.500000000000	3,767	3,767
BSMT SWER REPL UNDERSLAB RES	2009-09-30	8,153	3,039	SL	27.500000000000	296	296
S. WALL TUCKPOINTING PARTIAL RES	2009-10-07	12,311	4,589	SL	27.500000000000	448	448
ADD'L WORK REHAB S. WALL RES	2009-12-31	10,230	3,720	SL	27.500000000000	372	372
NEW S EXTERIOR SEWER DN RES	2010-11-17	8,498	2,807	SL	27.500000000000	309	309
S. SEWER MAIN LINE REPL RES	2011-06-17	15,356	4,746	SL	27.500000000000	558	558
LOWER EAST ROOF RESIDENTIAL	2012-08-30	14,469	3,858	SL	27.500000000000	526	526
ROOF RESIDENTIAL	2006-01-01	700	700	SL	27.500000000000	0	0
APARTMENT REHAB - #4C	2014-11-20	6,910	1,277	SL	27.500000000000	251	251
APT BATHROOM REHAB - #3A	2014-10-22	4,138	777	SL	27.500000000000	150	150
APARTMENT REHAB - #3B	2014-02-05	984	212	SL	27.500000000000	36	36
APT BATHROOM REHAB #3C	2014-11-11	966	182	SL	27.500000000000	35	35
1 WINDOW - #4C	2014-04-08	844	177	SL	27.500000000000	31	31
REBUILT/RETILED UPSTAIRS SHOWER	2014-06-24	4,000	800	SL	27.500000000000	145	145
NEW APARTMENT FURNACE	2014-12-31	4,500	818	SL	27.500000000000	164	164
CARPETING - #4C	2014-10-16	1,631	1,631	SL	5.000000000000	0	0
RPL BOILER MOTOR PUMP - #2D	2014-04-04	2,114	442	SL	27.500000000000	77	77
ELECTRICAL - #2D	2014-02-11	1,665	358	SL	27.500000000000	61	61
A/C UNIT - #3D	2014-08-26	115	115	SL	5.000000000000	0	0
3 NEW APT WINDOW A/C UNITS	2014-07-28	377	377	SL	5.000000000000	0	0
2 A/C WINDOW UNITS - #3B	2014-09-24	272	272	SL	5.000000000000	0	0
6 A/C UNITS - #4A (1) & #2D (4)	2014-07-01	741	741	SL	5.000000000000	0	0
GARAGE BATHROOM UPGRADE	2014-11-25	1,696	221	SL	39.000000000000	43	43
SOUTH STAIRWELL REPLACEMENT	2014-01-16	787	169	SL	27.500000000000	29	29
9 NEW APT WINDOWS	2014-04-08	8,464	1,770	SL	27.500000000000	308	308
NORTH STAIRWELL REPLACEMENT	2014-01-16	393	85	SL	27.500000000000	14	14
REPAVING 14 PROPERTY	2014-07-30	4,544	1,641	SL	15.000000000000	303	303
ROOFTOP HVAC UNIT FOR 2ND FL	2014-04-24	4,500	654	SL	39.000000000000	115	115
GARAGE 2ND FLOOR REPAVING	2014-12-11	19,946	2,600	SL	39.000000000000	511	511
APT WINDOWS - #2A(6), 3A(11) & 4A(11)	2014-11-06	23,733	4,459	SL	27.500000000000	863	863
BASEMENT CEILING DRYWALL	2014-09-24	7,227	973	SL	39.000000000000	185	185
APT BATHROOM REHAB - #2A	2014-07-28	1,940	382	SL	27.500000000000	71	71
REPAVING 15 PROPERTY	2014-07-30	6,290	2,272	SL	15.000000000000	419	419
REPAVING REAR LOT	2014-07-30	12,140	4,384	SL	15.000000000000	809	809
APARTMENT REHAB #2A	2015-11-01	14,904	2,258	SL	27.500000000000	542	542
APARTMENT REHAB #2D	2015-09-09	37,300	5,878	SL	27.500000000000	1,356	1,356
APARTMENT REHAB #4A	2015-09-09	27,759	4,374	SL	27.500000000000	1,009	1,009
BASEMENT DRYWALL PROJECT	2015-04-17	2,477	420	SL	27.500000000000	90	90
HVAC CONDENSER AND COIL- 3153 APARTMENT	2015-06-08	5,200	867	SL	27.500000000000	189	189
NEW WINDOWS: 2D (11), 3D (11), 2C (8)	2015-06-15	24,190	4,032	SL	27.500000000000	880	880
NEW WINDOWS: 3C (10), 4C (8)	2015-06-15	14,514	2,419	SL	27.500000000000	528	528
CARPET- #3A	2015-10-08	1,489	1,265	SL	5.000000000000	224	224
FRIDGE- #2D	2015-06-10	744	682	SL	5.000000000000	62	62
WASHER + DRYER- #2D	2015-06-10	1,090	999	SL	5.000000000000	91	91
STOVE- #2D	2015-06-10	690	633	SL	5.000000000000	57	57
DISHWASHER- #2D	2015-06-10	377	345	SL	5.000000000000	32	32
FRIDGE- #4A	2015-06-17	748	673	SL	5.000000000000	75	75
DISHWASHER- #4A	2015-06-17	456	410	SL	5.000000000000	46	46
STOVE- #4A	2015-06-17	795	716	SL	5.000000000000	79	79
FRIDGE- #2B	2015-06-24	659	593	SL	5.000000000000	66	66
STOVE- #2B	2015-06-24	637	574	SL	5.000000000000	63	63
DISHWASHER- #2B	2015-06-24	524	471	SL	5.000000000000	53	53
WASHER + DRYER- #4A	2015-08-25	1,087	942	SL	5.000000000000	145	145
AIR CONDITIONING- #4A(1)	2015-08-28	143	124	SL	5.000000000000	19	19
WASHER + DRYER- #2A	2015-09-28	1,070	910	SL	5.000000000000	160	160
STOVE- #2A	2015-09-28	670	569	SL	5.000000000000	101	101
DISHWASHER- #2A	2015-09-28	356	303	SL	5.000000000000	53	53
GARAGE PLUMBING CLOSET	2015-12-03	1,795	188	SL	39.000000000000	15	15
HOT WATER HEATER- GARAGE BATHROOM	2015-12-01	509	416	SL	5.000000000000	93	93
1ST FLOOR HVAC UNIT	2015-12-16	5,140	748	SL	27.500000000000	187	187
#2C: NEW VINYL PLANK FLOORING	2016-12-12	3,544	397	SL	27.500000000000	129	129
2D NEW VINYL PLANK FLOORING	2016-04-14	3,994	545	SL	27.500000000000	145	145
4A NEW VINYL PLANK FLOORING	2016-06-17	3,375	430	SL	27.500000000000	123	123
SOUTH LIGHTWELL ROOF DRAIN INSTALLATION	2016-04-16	5,200	693	SL	27.500000000000	189	189
4A KITCHEN PLUMBING	2017-07-20	2,800	246	SL	27.500000000000	102	102
3D BATH & LAUNDRY PLUMBING	2017-11-01	3,800	299	SL	27.500000000000	138	138
3RD FLOOR GARAGE ASPHALT PAVING	2017-05-30	21,800	1,444	SL	39.000000000000	559	559
2ND FLOOR NORTH GARAGE DRAIN REPLACEMENTS	2017-03-02	9,200	668	SL	39.000000000000	236	236
FURNACE GROUND FLR/FRONT OF COMMERCIAL SPACE	2018-07-09	6,500	250	SL	39.000000000000	167	167
50% DEPOSIT FOR EJECTOR PIT INSTALLATION	2018-08-31	8,000	274	SL	39.000000000000	205	205
BALANCE DUE EJECTOR PIT INSTALLATION	2018-09-17	8,000	256	SL	39.000000000000	205	205
HVAC REPLACEMENT AT 3161	2018-07-31	30,200	1,097	SL	39.000000000000	774	774
REPLACE 3RD FLOOR LINTELS AT 3157 N BROADWAY	2018-10-23	36,085	1,079	SL	39.000000000000	925	925
FURNACE; 3D	2019-05-08	4,500	109	SL	27.500000000000	164	164
FURNACE; 4C	2019-07-26	7,000	106	SL	27.500000000000	254	254
ELECTRIC SERVICE	2019-09-04	65,000	788	SL	27.500000000000	2,364	2,364
RESTAURANT BUILD OUT	2020-05-04	100,000		SL	39.000000000000	1,709	1,709
REHAB - #4D FLOORING	2013-07-23	1,848	431	SL	27.500000000000	45	45

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

BERNARD HEEREY FAMILY FOUNDATION

EIN:

14-1840613

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ALPHABET INC CAP STK CL A	570,573	1,752,640
AMERICAN WATER WORKS COMPANY INC COM USD0.01	423,870	2,302,050
APPLE INC COM USD0.00001	342,938	1,592,280
AT&T INC COM USD1	2,024,286	1,955,680
BK OF AMERICA CORP	642,157	1,212,400
BHP GROUP LTD SPON ADS EACH REP 2 ORD SHS	1,087,052	1,306,800
BLACKROCK TCP CAPITAL CORP COM	217,362	168,600
BRANDYWINE REALTY TRUST	815,794	833,700
CISCO SYS INC COM	592,729	1,118,750
CORENERGY INFRASTRUCTURE TR IN COM NEW	276,602	137,000
EATON CORP PLC COM	390,675	961,120
EQUITY COMMONWEALTH USD0.01 (BNF INT)	690,873	1,091,200
EXXON MOBIL CORP	1,574,383	948,060
FIRST INDL RLTY TR INC COM	267,233	1,685,200
GENERAL ELECTRIC CO COM USD0.06	1,299,164	831,600
ILLINOIS TOOL WORKS INC COM USD0.01	514,918	2,038,800
INDEPENDENCE REALTY TRUST INC COM USD0.01	225,299	335,750
INTEL CORP COM USD0.001	1,053,355	2,491,000
ISHARES INC MSCI JPN ETF NEW	258,705	337,800
JOHNSON & JOHNSON COM USD1.00	1,089,930	2,832,840
JPMORGAN CHASE & CO	332,990	1,270,700
KIMCO REALTY CORP COM USD0.01	538,022	525,350
LEXINGTON REALTY TRUST	697,318	1,433,700
MEDTRONIC PLC	1,664,705	2,577,080
MICROSOFT CORP	665,171	5,560,500
NATIONAL HEALTH INVESTORS INC	578,624	830,040
NAVIOS MARITIME HOLDINGS INC COM NPV	35,014	9,000
NEW RESIDENTIAL INVT CORP COM NPV	329,789	198,800
NUTRIEN LTD COM NPV ISIN #CA67077M1086 SEDOL #BDRJLN0	630,642	722,400
PFIZER INC	762,870	1,472,400
PREFERRED APARTMENT COMMUNITIES INC	342,531	296,000
RIO TINTO ADR EACH REP 1 ORD	627,677	1,128,300
ROCHE HOLDINGS ADR	429,755	873,920
SCHLUMBERGER LIMITED COM USD0.01	1,138,811	371,110
TSAKOS ENERGY NAVIGATION COM	655,015	120,450
UNITI GROUP INC COM	669,546	469,200
VERIZON COMMUNICATIONS	1,944,981	2,350,000
VODAFONE GROUP SPON ADR EACH REP 10 ORD	1,626,885	692,160
WELLS FARGO CO NEW COM	629,891	603,600
WEYERHAEUSER CO MTN BE COM NEW	554,218	670,600
ABBVIE INC COM USD0.01	204,200	214,300
AMERICAN INTERNATIONAL GROUP INC	151,474	189,300
CARRIER GLOBAL CORPORATION COM	156,928	414,920
CHEVRON CORP NEW COM	966,283	1,013,400
DOW INC COM	346,215	555,000
GLAXOSMITHKLINE ADR REP TWO ORD	73,509	73,600
INTERNATIONAL BUS MACH CORP COM USD0.20	1,255,680	1,258,800
OTIS WORLDWIDE CORP COM	475,444	675,500
PEOPLES UNITED FINANCIAL INC COM	132,299	129,300
RAYTHEON TECHNOLOGIES CORP COM	651,911	1,001,140
VIACOMCBS INC CL B	204,370	372,600
VIATRIS INC COM	60,496	112,440
CORENERGY INFRASTRUCTURE TR IN DEP SHS REPSTG PFD	89,760	90,350

- TIN:

TY 2020 InvestmentsLandSchedule2

Name:

BERNARD HEEREY FAMILY FOUNDATION

EIN:

14-1840613

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value
BUILDING	593,524	228,279	365,245
LAND	170,000	0	170,000
BUILDING COMMERCIAL	140,788	54,149	86,639
ROOF COMMERCIAL	951	365	586
LAND	70,000	0	70,000
IMPROVEMENTS (14 PROPERTY)	21,821	21,821	0
IMPROVEMENTS (15-17 PROPERTY)	31,858	31,858	0
LAND (14 PROPERTY)	225,000	0	225,000
LAND (15-17 PROPERTY)	328,500	0	328,500
BUILDING COMMERCIAL	222,428	85,549	136,879
REHAB - APT 3TH FL	16,825	9,177	7,648
BUILDING COMMERCIAL	447,778	172,222	275,556
WASHER & DRYER	319	319	0
FURNACE-1133 STATE	10,559	4,061	6,498
WASHER/DRYER-4TH FL	641	641	0
IMPROVEMENTS REAR LOT	22,692	22,692	0
IMPROVEMENT APT 2C REMODEL	10,178	5,552	4,626
HANDICAP BATHRM-1133 COMM	3,996	1,536	2,460
LAND (FRONT)	330,000	0	330,000
LAND (REAR)	234,000	0	234,000
LAND	80,000	0	80,000
FRIDGE	545	545	0
PLUMBING-REPLC WASTE STACK	3,670	1,411	2,259
TNT IMPRVMT ALLOWANCE - STORE	11,667	4,487	7,180
STAIR IMPROVEMENT - STORE TNT	2,962	1,139	1,823
CARPETING - APT 3C	1,655	1,655	0
MASONRY & WINDOW CODE VIOLATION IMPROVEMENT	14,909	5,670	9,239
MASONRY & WINDOW CODE VIOLATION IMPROVEMENT	19,873	7,644	12,229
BLINDS - #4C, #3D, #2C, #2D, #2A, #3A	1,076	1,076	0
CIRCULATION PUMP - #4A	708	708	0
CIRCULATION PUMP - #2D	341	341	0
CONCRETE DRIVEWAY	7,874	6,954	920
SEWER LINE/DRAINAGE	14,100	4,821	9,279
HOT WATER HEATER	554	554	0
200 AMP ELECTRICAL PANEL	6,620	2,108	4,512
REHAB - APT 4B	14,561	6,413	8,148
REHAB - 3161 VANILLA BOXING	12,904	3,640	9,264
STOVE - #3B	480	480	0
STOVE - #3C	480	480	0
BSMT SWER REPL UNDERSLAB COMM	5,183	1,495	3,688
1127 STORE VANILLA BOX	11,089	3,127	7,962
ADD'L WORK REHAB S. WALL COMM	6,504	1,835	4,669
S. WALL TUCKPOINTING PARTIAL COMM	7,826	2,258	5,568
FIRE ESCAPE RAILING UPGRADE	1,212	463	749
STOVES - #4C	480	480	0
WASHER/DRYER - #4D	904	904	0
REHAB - APT 3C	1,062	422	640
12 APT SCREEN DOORS	4,360	1,692	2,668
KITCHEN TILE - #3D	490	490	0
NEW S EXTERIOR SEWER DN PMT COMM	5,402	1,397	4,005
REHAB - APT 2C	700	263	437
ALARM FOR SUMP PUMP	800	800	0
1127 STORE BATHROOM ADA CNV	5,831	1,496	4,335
NEW TILE - ENTRANCES	1,200	1,200	0
REHAB 3RD FLOOR APT	5,105	1,687	3,418
INTERIOR GUTTERS - 3155	5,600	1,412	4,188
INTERIOR GUTTERS - 3161	11,200	2,824	8,376
3161 GARAGE FLOOR DRAINAGE	4,200	1,059	3,141
LAUNDRY UNIT - APT. 2B	917	917	0
PORCH UPGRADES	10,070	3,509	6,561
S. SEWER MAIN LINE REPL COMM	9,762	2,378	7,384
DISHWASHER	258	258	0
REHAB 3RD FLOOR APT	21,741	6,325	15,416
HVAC 3RD FLOOR APT	2,600	796	1,804
WATER HEATER	412	412	0
APT FRONT DOOR EXTERIOR	2,615	800	1,815
APT TILE	2,889	867	2,022
LOWER EAST ROOF COMMERCIAL	9,199	1,966	7,233
HOT WATER HEATER - #2A	800	800	0
LAUNDRY WASHER & DRYER INSTALL	1,030	1,030	0
APT CARPETING	918	918	0
CARPETING - #4B	1,410	1,410	0
CARPETING - #3D	1,838	1,838	0
PORCH UPGRADE BALANCE	1,502	483	1,019
FRIDGE - #4C	535	535	0
STOVE - #4B	502	502	0
BATHROOM FLOORING - #2C	304	91	213
BATHROOM FLOORING - #2D	304	91	213
APARTMENT REHAB - #2A	6,292	1,907	4,385
APARTMENT REHAB - #2B	11,784	3,607	8,177
APARTMENT REHAB	11,657	3,427	8,230
WASHER & DRYER	973	973	0
FRIDGE - #3B	529	529	0
HOT WATER HEATER - #4A	1,050	1,050	0
12 WINDOWS - #4D	8,050	2,171	5,879
8 WINDOWS - #2B	5,804	1,512	4,292
8 WINDOWS - #3B	5,804	1,512	4,292
8 WINDOWS - #4B	5,804	1,512	4,292
1 WINDOW - #2A	636	168	468
NORTH APT STAIRWELL CARPET	1,526	1,526	0
SOUTH APT STAIRWELL CARPET	1,526	1,526	0
REHAB - #4D	27,885	7,521	20,364
REHAB - #3B	31,646	8,247	23,399
REHAB BALANCE - 3RD FL APT	4,706	1,298	3,408
SOUTH STAIRWELL REPLACEMENT	7,080	1,823	5,257
GUARDRAIL POSTS - W SIDE OF REAR LOT	2,992	1,429	1,563
REPL SEWER CATCH BASIN REAR LOT	7,050	3,368	3,682
APT ELECTRIC FIREPLACE	1,883	530	1,353
N. STAIRWELL REPL WOOD PART	3,540	912	2,628
1127 BSMT REHAB COMMERCIAL	4,823	1,392	3,431
FRIDGE 3RD FLOOR APT	616	616	0
STOVE 3RD FLOOR APT	606	606	0
DISHWASHER 3RD FLOOR APT	324	324	0
MICROWAVE 3RD FLOOR APT	258	258	0
WASHER DRYER 3RD FLOOR	973	973	0
BUILDING RESIDENTIAL	704,356	384,194	320,162
BUILDING COMMERCIAL	56,877	31,024	25,853
BUILDING RESIDENTIAL	103,605	56,512	47,093
BSMT SWER REPL UNDERSLAB RES	8,153	3,335	4,818
S. WALL TUCKPOINTING PARTIAL RES	12,311	5,037	7,274
ADD'L WORK REHAB S. WALL RES	10,230	4,092	6,138
NEW S EXTERIOR SEWER DN RES	8,498	3,116	5,382
S. SEWER MAIN LINE REPL RES	15,356	5,304	10,052
LOWER EAST ROOF RESIDENTIAL	14,469	4,384	10,085
ROOF RESIDENTIAL	700	700	0
APARTMENT REHAB - #4C	6,910	1,528	5,382
APT BATHROOM REHAB - #3A	4,138	927	3,211
APARTMENT REHAB - #3B	984	248	736
APT BATHROOM REHAB #3C	966	217	749
1 WINDOW - #4C	844	208	636
REBUILT/RETILED UPSTAIRS SHOWER	4,000	945	3,055
NEW APARTMENT FURNACE	4,500	982	3,518
CARPETING - #4C	1,631	1,631	0
RPL BOILER MOTOR PUMP - #2D	2,114	519	1,595
ELECTRICAL - #2D	1,665	419	1,246
A/C UNIT - #3D	115	115	0
3 NEW APT WINDOW A/C UNITS	377	377	0
2 A/C WINDOW UNITS - #3B	272	272	0
6 A/C UNITS - #4A (1) & #2D (4)	741	741	0
GARAGE BATHROOM UPGRADE	1,696	264	1,432
SOUTH STAIRWELL REPLACEMENT	787	198	589
9 NEW APT WINDOWS	8,464	2,078	6,386
LEASE COMMISION - 1127	19,885	12,593	7,292
NORTH STAIRWELL REPLACEMENT	393	99	294
REPAVING 14 PROPERTY	4,544	1,944	2,600
ROOFTOP HVAC UNIT FOR 2ND FL	4,500	769	3,731
GARAGE 2ND FLOOR REPAVING	19,946	3,111	16,835
APT WINDOWS - #2A(6), 3A(11) & 4A(11)	23,733	5,322	18,411
BASEMENT CEILING DRYWALL	7,227	1,158	6,069
APT BATHROOM REHAB - #2A	1,940	453	1,487
REPAVING 15 PROPERTY	6,290	2,691	3,599
REPAVING REAR LOT	12,140	5,193	6,947
APARTMENT REHAB #2A	14,904	2,800	12,104
APARTMENT REHAB #2D	37,300	7,234	30,066
APARTMENT REHAB #4A	27,759	5,383	22,376
BASEMENT DRYWALL PROJECT	2,477	510	1,967
HVAC CONDENSER AND COIL- 3153 APARTMENT	5,200	1,056	4,144
NEW WINDOWS: 2D (11), 3D (11), 2C (8)	24,190	4,912	19,278
NEW WINDOWS: 3C (10), 4C (8)	14,514	2,947	11,567
CARPET- #3A	1,489	1,489	0
FRIDGE- #2D	744	744	0
WASHER + DRYER- #2D	1,090	1,090	0
STOVE- #2D	690	690	0
DISHWASHER- #2D	377	377	0
FRIDGE- #4A	748	748	0
DISHWASHER- #4A	456	456	0
STOVE- #4A	795	795	0
FRIDGE- #2B	659	659	0
STOVE- #2B	637	637	0
DISHWASHER- #2B	524	524	0
WASHER + DRYER- #4A	1,087	1,087	0
AIR CONDITIONING- #4A(1)	143	143	0
WASHER + DRYER- #2A	1,070	1,070	0
STOVE- #2A	670	670	0
DISHWASHER- #2A	356	356	0
LEASE COMMISSIONS- PT2 1127	19,885	12,143	7,742
LEASE COMMISSION- 1133	37,618	20,063	17,555
HOT WATER HEATER- GARAGE BATHROOM	509	509	0
1ST FLOOR HVAC UNIT	5,140	935	4,205
#2C: NEW VINYL PLANK FLOORING	3,544	526	3,018
2D NEW VINYL PLANK FLOORING	3,994	690	3,304
4A NEW VINYL PLANK FLOORING	3,375	553	2,822
SOUTH LIGHTWELL ROOF DRAIN INSTALLATION	5,200	882	4,318
LEASE COMMISSIONS- 3153	10,554	8,369	2,185
LEASE COMMISSIONS PT. 2 3153	10,554	8,105	2,449
4A KITCHEN PLUMBING	2,800	348	2,452
3D BATH & LAUNDRY PLUMBING	3,800	437	3,363
3RD FLOOR GARAGE ASPHALT PAVING	21,800	2,003	19,797
2ND FLOOR NORTH GARAGE DRAIN REPLACEMENTS	9,200	904	8,296
3161 BROADWAY 1ST INSTALLMENT COMMISSION	10,209	7,487	2,722
3161 BROADWAY 2ND INSTALLMENT COMMISSIONS	10,209	6,806	3,403
FURNACE GROUND FLR/FRONT OF COMMERCIAL SPACE	6,500	417	6,083
50% DEPOSIT FOR EJECTOR PIT INSTALLATION	8,000	479	7,521
BALANCE DUE EJECTOR PIT INSTALLATION	8,000	461	7,539
LEASE COMMISSION, LAST BAY BEER COMPANY	34,923	9,021	25,902
HVAC REPLACEMENT AT 3161	30,200	1,871	28,329
REPLACE 3RD FLOOR LINTELS AT 3157 N BROADWAY	36,085	2,004	34,081
FURNACE; 3D	4,500	273	4,227
FURNACE; 4C	7,000	360	6,640
ELECTRIC SERVICE	65,000	3,152	61,848
RESTAURANT BUILD OUT	100,000	1,709	98,291
LEASE COMMISSIONS- 1133 PT 2	32,504	2,167	30,337

- TIN:

TY 2020 LegalFeesSchedule

Name:

BERNARD HEEREY FAMILY FOUNDATION

EIN:

14-1840613

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
GREY, GREY & BALTZ, P.C. - INVESTMENT REAL ESTATE	478,690	478,690	0
GREY, GREY & BALTZ, P.C. - SECURITIES PORTFOLIO	339,244	339,244	0
GREY, GREY & BALTZ, P.C. - GRANT ADMINISTRATION (DIRECT)	236,521	0	236,521
GREY, GREY & BALTZ, P.C. - GENERAL ADMINISTRATION	115,903	76,269	39,634
REAL ESTATE TAX COUNSEL FEES	6,023	6,023	0
LOCAL PROBATE COUNSEL FEES - FOR A FORMER TENANT MATTER	6,500	6,500	0
INDEPENDENT LITIGATION COUNSEL FEES	2,841	2,841	0

- TIN:

TY 2020 OtherAssetsSchedule

Name:

BERNARD HEEREY FAMILY FOUNDATION

EIN:

14-1840613

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
PREPAID LEASING COMMISSIONS, NET (MOVED TO DEPRECIATION FOR 2020)	88,222	0	0
FEDERAL TAX DEPOSIT	12,300	4,334	4,334
LEGAL RETAINER TO INDEPENDENT LITIGATION COUNSEL	2,500	0	0
REFUNDABLE 2019 FEDERAL TAX OVERPAYMENT	0	4,620	4,620

- TIN:

TY 2020 OtherDecreasesSchedule

Name:

BERNARD HEEREY FAMILY FOUNDATION

EIN:

14-1840613

Description	Amount
2020 TAXABLE DISTRIBUTIONS RECEIVED IN 2021	36,230
NET ROUNDING ADJUSTMENT	1

- TIN:

TY 2020 OtherExpensesSchedule

Name:

BERNARD HEEREY FAMILY FOUNDATION

EIN:

14-1840613

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
ADVERTISING	350	350	0
BANK CHARGES	410	410	0
BROKERAGE ACCOUNT FEES AND CHARGES	2,085	2,085	0
CORPORATE AND LAND TRUST FEES	845	836	9
CREDIT CHECK FEES	674	674	0
FIRE PROTECTION	355	355	0
HOLIDAY DECORATIONS	130	130	0
INSURANCE	65,170	63,793	1,377
LEGAL COSTS REIMBURSEMENT	710	509	201
LICENSES AND PERMITS	1,220	1,220	0
LOCAL TRANSPORTATION	69	69	0
PEST CONTROL	2,877	2,877	0
POSTAGE, DELIVERY AND COPIES	2,018	2,011	7
REPAIRS AND MAINTENANCE	66,757	66,757	0
RUBBISH REMOVAL	14,722	14,722	0
SECURITY	1,424	1,424	0
SUPPLIES	1,765	1,765	0
TELEPHONE	1,342	1,342	0
UTILITIES	33,108	33,108	0
AMORTIZATION	21,139	21,139	0

- TIN:

TY 2020 OtherIncreasesSchedule

Name:

BERNARD HEEREY FAMILY FOUNDATION

EIN:

14-1840613

Description	Amount
2019 TAXABLE DISTRIBUTIONS RECEIVED IN 2020	37,738

- TIN:

TY 2020 OtherLiabilitiesSchedule

Name:

BERNARD HEEREY FAMILY FOUNDATION

EIN:

14-1840613

Description	Beginning of Year - Book Value	End of Year - Book Value
TENANT SECURITY DEPOSITS	76,920	61,370

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

BERNARD HEEREY FAMILY FOUNDATION

EIN:

14-1840613

Category	Amount	Net Investment Income
PROPERTY MANAGEMENT FEES - MALET REALTY, LTD	44,729	44,729
LEASING COMMISSIONS	9,225	9,225
ARCHITECT/ENGINEER FEES	3,444	3,444

- TIN:

TY 2020 TaxesSchedule

Name:

BERNARD HEEREY FAMILY FOUNDATION

EIN:

14-1840613

Category	Amount	Net Investment Income
REAL ESTATE TAXES PAID	279,427	279,427
SECTION 4940 EXCISE TAX ON NET INVESTMENT INCOME	98,346	0
FOREIGN TAXES PAID - SECURITIES ACCOUNT AT FIDELITY	10,156	10,156