Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
The Serenbetz Family Foundation Inc
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

13-3993644
B Telephone number (see instructions)

(800) 839-1754
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$22,007,545J 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) 9,958,380
2 Check bullet.............
3 Interest on savings and temporary cash investments 5,498 5,498  
4 Dividends and interest from securities... 232,244 232,244  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 80,773
b Gross sales price for all assets on line 6a 5,050,879
7 Capital gain net income (from Part IV, line 2)... 137,868
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 28,440 28,440  
12 Total. Add lines 1 through 11........ 10,305,335 404,050  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 149 0 0 149
c Other professional fees (attach schedule).... Click to see attachment 9,994 9,994    
17 Interest............... 246 246    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 9,710 10    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 15,147 9,385   5,704
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 35,246 19,635 0 5,853
25 Contributions, gifts, grants paid....... 616,000 616,000
26 Total expenses and disbursements. Add lines 24 and 25 651,246 19,635 0 621,853
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 9,654,089
b Net investment income (if negative, enter -0-) 384,415
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......... 794,480 4,928,979 4,928,979
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..........      
10a Investments—U.S. and state government obligations (attach schedule) 275,000    
b Investments—corporate stock (attach schedule)....... 200,000 Click to see attachment8,989,554 12,061,200
c Investments—corporate bonds (attach schedule)....... 353,282 Click to see attachment1,166,336 1,212,678
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 7,655,158 Click to see attachment3,500,673 3,804,688
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) -1,414    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,276,506 18,585,542 22,007,545
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 9,276,506 18,585,542
29 Total net assets or fund balances (see instructions)..... 9,276,506 18,585,542
30 Total liabilities and net assets/fund balances (see instructions). 9,276,506 18,585,542
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
9,276,506
2
Enter amount from Part I, line 27a .....................
2
9,654,089
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
18,930,595
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
345,053
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
18,585,542
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 Publicly-traded Securities      
b Passthrough K1 Capital Gain/(Loss)      
c
d
e
(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 5,050,879   4,838,329 212,550
b       -74,682
c
d
e
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       212,550
b        
c
d
e
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 2 137,868
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 5,343
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  
3 Add lines 1 and 2........................... 3 5,343
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,343
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 8,241
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 8,241
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 5
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 2,893
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet2,893 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ, NY
    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. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
    Cynthia L SerenbetzClick to see attachment Trustee, VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    George Hunter SerenbetzClick to see attachment Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Jean B SerenbetzClick to see attachment Treas, Trustee, Sec*
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Margaret Skyler SerenbetzClick to see attachment Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Paul H SerenbetzClick to see attachment Trustee, Pres
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Robert C SerenbetzClick to see attachment Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Stuart W SerenbetzClick to see attachment Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    William Tucker SerenbetzClick to see attachment Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Warren L Serenbetz IIIClick to see attachment Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Warren L Serenbetz JrClick to see attachment Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Christin E WebermanClick to see attachment Trustee, Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
     
    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  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    10,072,318
    b
    Average of monthly cash balances.......................
    1b
    4,324,819
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,389,639
    d
    Total (add lines 1a, b, and c).........................
    1d
    17,786,776
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    17,786,776
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    266,802
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    17,519,974
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    875,999
    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
    875,999
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    5,343
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,343
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    870,656
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    870,656
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    870,656
    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
    621,853
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    621,853
    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
    621,853
    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 7 870,656
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 511,568
    b Total for prior years:2018, 2017, 2016  
    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........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 621,853
    a Applied to 2019, but not more than line 2a 511,568
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 110,285
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020.    
    (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 ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		760,371
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    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.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    WARREN L SERENBETZ JR
    Stuart W Serenbetz
    JEAN B SERENBETZ
    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
    CARVER FOUNDATION OF NORWALK INC
    7 ACADEMY ST
    NORWALK,CT06850     		N/A PC General & Unrestricted 42,000
    FAMILY & CHILDRENS AGENCY INC
    9 MOTT AVE
    NORWALK,CT06850     		N/A PC General & Unrestricted 10,000
    FAMILY & CHILDRENS AGENCY INC
    9 MOTT AVE
    NORWALK,CT06850     		N/A PC ASPIRE Program 50,000
    FIRST GRADUATE
    2973 16TH ST SUITE 400
    SAN FRANCISCO,CA94103     		N/A PC General & Unrestricted 48,000
    HARLEM ACADEMY
    1330 5TH AVE
    NEW YORK,NY10026     		N/A PC General & Unrestricted 63,500
    HORIZONS STUDENT ENRICHMENT PROGRAM
    PO BOX 997
    NEW CANAAN,CT06840     		N/A PC General & Unrestricted 108,000
    HUDSON RIVER COMMUNITY SAILING INC
    PO BOX 20677
    NEW YORK,NY10011     		N/A PC General & Unrestricted 18,000
    REACH PREP INC
    ONE DOCK ST SUITE 100
    STAMFORD,CT06902     		N/A PC General & Unrestricted 96,000
    ST VINCENTS SERVICES INC
    66 BOERUM PL
    BROOKLYN,NY11201     		N/A PC General & Unrestricted 11,000
    ST VINCENTS SERVICES INC
    66 BOERUM PL
    BROOKLYN,NY11201     		N/A PC American Dreams Program 57,500
    TAFT SCHOOL CORPORATION
    110 WOODBURY RD
    WATERTOWN,CT06795     		N/A PC Red Rhino Fund 5,000
    WATERSIDE SCHOOL INC
    770 PACIFIC ST
    STAMFORD,CT06902     		N/A PC General & Unrestricted 52,000
    WATERSIDE SCHOOL INC
    770 PACIFIC ST
    STAMFORD,CT06902     		N/A PC Angel Scholarship Fund 55,000
    Total .................................bullet 3a 616,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 5,498  
    4 Dividends and interest from securities....     14 232,244  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 80,773  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss     		    14 28,440  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   346,955  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    346,955
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

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

    13-3993644
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    The Serenbetz Family Foundation Inc
          		Employer identification number
    13-3993644
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Estate of Article III Tr 4620 Seren
    165 Signal Hill Rd
     
    Wilton, CT06897

    		$ 7,448,725


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    Estate of W L Serenbetz Marital d
    165 Signal Hill Rd
     
    Wilton, CT06897

    		$ 2,499,655


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    Serenbetz Stuart W
    526 Claret Way
     
    Johns Island, SC29455

    		$ 10,000


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    The Serenbetz Family Foundation Inc
          		Employer identification number

    13-3993644
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 BUILD NYC RESOURCE CORP REV REF-A - 5.0 12008EDB9, 50000 sh. $ 58,841 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 CAPITAL ONE BANK GLEN ALLEN VA CD - 2.1 1404204P2, 100000 sh. $ 102,400 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 GOLDMAN SACHS GROUP INC - 5.250% - 07/2 38141GGQ1, 100000 sh. $ 104,842 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 LORD ABBETT SHORT DURATION INCOME FUND LALDX, 24226.227 sh. $ 98,843 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 MASSAPEQUA N Y UN FREE SCH DIST SER-B - 576097LA5, 500000 sh. $ 522,290 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 METROPOLITAN TRANS AUTH TRANS REV REF-F 59261AAF4, 400000 sh. $ 409,748 2020-05-22
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Serenbetz Family Foundation Inc
          		Employer identification number

    13-3993644
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 NEW YORK ST DORM AUTH REVS NON ST SUPPO 64990C3F6, 190000 sh. $ 202,398 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 NEW YORK ST DORM AUTH REVS NON ST SUPPO 64990C3L3, 10000 sh. $ 10,611 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 NEW YORK ST ENVTL FACS CORP ST CLEAN WT 64986A4Q1, 120000 sh. $ 120,294 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 NEWCREST FINANCE PTY LTD REGS - 4.450% Q66511AA6, 100000 sh. $ 105,489 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 SUFFOLK CNTY N Y GENL OBLIG REF - 5.000 86476PLY2, 430000 sh. $ 461,381 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 METROPOLITAN TRANSPORT AUTH REV-A SUBSE 59259Y4J5, 515000 sh. $ 515,000 2020-05-22
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Serenbetz Family Foundation Inc
          		Employer identification number

    13-3993644
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 NASSAU CNTY N Y - 5.000% - 04/01/2030 63165TMP7, 270000 sh. $ 307,949 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 NEW YORK CITY GENL OBLIG SER-D SUBSERIE 64966JRJ7, 250000 sh. $ 264,470 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 NEW YORK CITY TRANS FIN AUTH BLDG AID R 64972HVN9, 300000 sh. $ 346,464 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 NEW YORK CITY TRANS FIN AUTH FUTURE TAX 64971QJS3, 300000 sh. $ 308,664 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 NEW YORK N Y CITY TRANSITIONAL FIN AUTH 64972HQ47, 250000 sh. $ 302,700 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 BERKSHIRE HILLS BANCORP INC BHLB, 18555 sh. $ 196,034 2020-05-22
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Serenbetz Family Foundation Inc
          		Employer identification number

    13-3993644
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 BLACKROCK MULTI-ASSET INCOME CL A BAICX, 11095.275 sh. $ 112,839 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 CDW CORP CDW, 1000 sh. $ 106,055 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 CK HUTCHISON HLDGS CKHUY, 1368 sh. $ 8,748 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 EVERGY, INC. EVRG, 500 sh. $ 29,708 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 FIRST TRUST IPOX-100 INDEX FUND FPX, 5000 sh. $ 388,600 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 Pioneer Multi-Asset Ultrashort Income F MAFRX, 5492.012 sh. $ 51,735 2020-05-22
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Serenbetz Family Foundation Inc
          		Employer identification number

    13-3993644
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 SUFFOLK CNTY N Y - 5.000% - 05/01/2023 86476PRC4, 225000 sh. $ 241,772 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 TESSCO TECHNOLOGIES INCORPORATED TESS, 500 sh. $ 2,243 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 UNITED PARCEL SERVICE UPS, 50 sh. $ 4,832 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 NEW YORK N Y - 5.000% - 08/01/2025 64966QHD5, 35000 sh. $ 37,001 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 NEW YORK N Y CITY TRANSITIONAL FIN AUTH 64972HQ96, 200000 sh. $ 208,718 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 NEW YORK ST URBAN DEV CORP REV - 5.000% 650035C63, 270000 sh. $ 298,858 2020-05-22
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Serenbetz Family Foundation Inc
          		Employer identification number

    13-3993644
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 OAKTREE SPECIALTY LENDING CORP OCSL, 3000 sh. $ 13,095 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 PC CONNECTION CNXN, 3000 sh. $ 124,380 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 PDL BIOPHARMA INC PDLI, 2000 sh. $ 6,560 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 FONAR CORP CL A NON VTG NEW FONRZ, 120 sh. $ 0 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 FORUM ENERGY TECHNOLOGIES INC FET, 500 sh. $ 163 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 HERCULES TECHNOLOGY GROWTH HTGC, 3000 sh. $ 33,645 2020-05-22
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Serenbetz Family Foundation Inc
          		Employer identification number

    13-3993644
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 MYLAN NV MYL, 500 sh. $ 7,853 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 NEW YORK N Y - 5.250% - 08/01/2030 64966KR47, 200000 sh. $ 225,182 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 NEW YORK N Y - 5.000% - 08/01/2025 64966QHH6, 190000 sh. $ 199,890 2020-05-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    The Serenbetz Family Foundation Inc
          		Employer identification number

    13-3993644
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    The Serenbetz Family Foundation Inc
    EIN:
    13-3993644
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    General Consultations 149     149

    TY 2020 CompensationExplanation
    Name:
    The Serenbetz Family Foundation Inc
    EIN:
    13-3993644
    Person Name Explanation
    Jean B Serenbetz *Removed from position in 2020

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

    TY 2020 DepreciationSchedule
    Name:
    The Serenbetz Family Foundation Inc
    EIN:
    13-3993644
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    The Serenbetz Family Foundation Inc
    EIN:
    13-3993644
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BANK OF AMERICA - 4.000% - 04/ 30,328 33,220
    CAPITAL ONE BANK GLEN ALLEN VA 102,400 101,371
    GENERAL MTRS FINL COINC BOND P 52,485 52,000
    GOLDMAN SACHS - 6.345% - 02/15 22,380 34,920
    GOLDMAN SACHS GROUP INC - 5.25 134,909 133,650
    ING BANK NV REGS - 5.800% - 09 51,466 56,398
    LEGG MASON INC - 4.750% - 03/1 25,414 29,686
    LEUCADIA NATL CORP - 5.500% - 95,434 104,613
    METROPOLITAN TRANS AUTH TRANS 409,748 421,732
    SUFFOLK CNTY N Y - 5.000% - 05 241,772 245,088

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    The Serenbetz Family Foundation Inc
    EIN:
    13-3993644
    Name of Stock End of Year Book Value End of Year Fair Market Value
    2U INC 15,527 17,804
    ABBVIE INC 10,206 15,215
    ACCENTURE PLC 8,617 9,665
    ADOBE SYSTEMS, INC 16,272 17,504
    ALLEGHANY CP 15,711 14,489
    ALPHABET INC CL A 19,044 19,279
    AMAZON COM 21,925 22,799
    AMCOR LTD ORD SHS 10,424 10,887
    AMERICAN TOWER REIT INC 19,182 18,855
    ANALOG DEVICES INC 16,401 18,762
    ARMSTRONG WORLD INDU 13,430 22,019
    AUTODESK, INC 14,283 17,099
    AXALTA COATING SYSTEMS LTD 25,320 23,554
    BALL CP 12,347 12,579
    BARON EMERGING MARKETS FUND RE 300,000 387,922
    BERKSHIRE HILLS BANCORP INC 196,034 317,662
    BIO RAD LABS INC CL A 13,591 13,991
    BLACKROCK MULTI-ASSET INCOME C 112,839 123,934
    BROADCOM INC 9,536 17,952
    BROADRIDGE FINANCIAL 16,687 25,584
    CADENCE DESIGN SYSTEMS INC 12,845 14,598
    CANNAE HOLDINGS INC 21,181 21,382
    CARDINAL HEALTH INC 12,983 13,765
    CARMAX INC 13,820 27,110
    CDW CORP 106,055 131,790
    CELLECTIS SA 5,555 7,333
    CHURCHILL DOWNS INC 24,499 37,594
    CISCO SYSTEMS INC 7,601 10,024
    CITIGROUP GLOBAL MARKETS L/O T 100,000 99,100
    CITIGROUP GLOBAL MARKETS L/O T 200,000 203,800
    CITIGROUP GLOBAL MKT NDX RTY S 100,000 98,800
    CITIGROUP INC 14,370 13,812
    CITIZENS FINANCIAL GROUP, INC 13,140 14,769
    CITRIX SYSTEMS INC 20,189 25,109
    CK HUTCHISON HLDGS 8,748 9,521
    COPART INC 3,210 20,233
    COUSINS PROPERTIES INC 7,859 7,370
    CRISPR THERAPEUTICS AG 28,894 39,196
    CROWN CASTLE INTL 5,139 8,915
    CUMMINS INC 5,288 7,494
    DANAHER CORP 20,328 19,993
    DECKERS OUTDOOR CORPORATION 7,694 27,818
    DOLLAR TREE INC 8,966 14,585
    DYNATRACE 13,320 15,794
    EASTMAN CHEMICAL CO 7,576 13,036
    ECOLAB INC 9,853 10,602
    EDITAS MEDICINE INC 10,737 24,679
    EDWARDS LIFESCIENCES 10,261 11,951
    ENBRIDGE INC 9,196 9,373
    ENTEGRIS INC MINNESOTA 19,304 48,146
    ETRACS ALERIAN MLP SERIES B 200,300 89,025
    ETSY INC 9,467 12,098
    EVERGY, INC. 29,708 27,755
    EXACT SCIENCES CORPORATION 16,576 18,019
    FIRST INDUSTRIAL REALTY TRUST 7,076 16,726
    FIRST TRUST IPOX-100 INDEX FUN 388,599 591,549
    FONAR CORP CL A NON VTG NEW    
    FORTIVE CORPORATION 12,895 13,881
    FORUM ENERGY TECHNOLOGIES INC 163 298
    GCP APPLIED TECHNOLOGIES INC 22,829 20,552
    GENERAL MILLS INC 8,705 8,350
    GENUINE PARTS COMPANY 10,244 10,846
    GILEAD SCIENCES INC 9,596 8,622
    HARTFORD FINANCIALSERVICES GRO 8,490 10,531
    HASBRO INC 5,696 10,196
    HERCULES TECHNOLOGY GROWTH 33,645 43,260
    HOME DEPOT INC 13,354 13,281
    HUNTINGTON BANCSHARES INC 11,268 8,942
    HUYA INC 4,628 4,424
    IDEXX CORP 18,169 20,495
    INTELLIA THERAPEUTICS INC 20,291 34,109
    INTERCONTINENTAL EXCHANGE, INC 6,294 6,802
    INTERPUBLIC GROUP OF COS 9,549 13,101
    INTUIT 18,811 21,272
    INVITAE CORP 29,255 26,591
    IRIDIUM COMMUNICATIONS INC 5,019 6,725
    ISHARE MSCI EMU INDX 299,898 306,532
    ISHARES MSCI-JAPAN 100,003 114,987
    KE HOLDINGS INC. 8,709 8,677
    KEYCORP 13,481 12,390
    LAMB WESTON HOLDINGS INC 13,334 25,748
    LENSAR INC 2,307 1,095
    LIFE STORAGE, INC 5,306 6,208
    LORD ABBETT SHORT DURATION INC 611,503 591,714
    MAGNA INTERNATIONAL INC 10,558 15,718
    MARTIN MARIETTA MATLS INC 18,120 39,756
    MARVEL TECH INC 15,014 17,305
    MBIA INC 13,616 7,784
    MERCADOLIBRE, INC 6,928 8,376
    MERCK & CO INC 11,469 11,534
    MICROSOFT CORP 23,013 24,689
    MONOLITHIC POWER SYSTEMS, INC 14,649 16,847
    MORGAN STANLEY FINANCE L/O TC- 100,000 99,550
    MORGAN STANLEY FINANCE L/O TC- 200,000 200,500
    NANOSTRING TECHNOLOGIES INC 5,739 8,628
    NETAPP, INC 12,876 19,673
    NEW MARKET CORP 17,965 23,897
    NIKE INC-CL B 12,837 14,288
    NINTENDO CO LTD ADR UNSPON 7,869 9,260
    NORDSON CP 9,470 9,646
    OAKTREE SPECIALTY LENDING CORP 13,095 16,710
    OLD DOMINION FREIGHT LINES 4,176 19,518
    OLD REP INTL CORP 11,478 10,821
    OPPENHEIMER INTERNATIONAL BOND 301,867 281,820
    PAGERDUTY ORD SHS 8,782 11,676
    PAYPAL HOLDINGS, INC 11,080 12,647
    PC CONNECTION 124,380 141,870
    PDL BIOPHARMA INC 4,242 4,940
    PERRIGO CO PLC 18,306 16,233
    PFIZER INC 5,810 7,436
    PINTEREST INC 15,427 15,684
    PIONEER MULTI-ASSET ULTRASHORT 251,982 247,262
    PORTLAND GEN ELEC 7,157 7,228
    POST HOLDINGS INC 23,158 28,788
    PROTO LABS INC 14,480 17,794
    PURE STORAGE INC 13,785 17,500
    REYNOLDS CONSUMER PRODUCTS INC 18,687 18,625
    ROKU INC 33,881 45,487
    SEA LTD 5,020 5,772
    SENSATA TECHNOLOGIES HOLDINGS 16,303 18,617
    SERES THERAPEUTICS 11,418 10,143
    SERVICE NOW 15,655 17,063
    SHOPIFY INC 10,450 11,320
    SLACK TECHNOLOGIES CLASS A ORD 3,312 5,364
    SPLUNK INC 10,133 8,325
    SPOTIFY TECHNOLOGY SA 15,972 17,621
    SQUARE INC 36,192 42,875
    STAG INDUSTRIAL INC 8,461 8,770
    STARBUCKS CORP COM 10,171 11,768
    STORE CAPITAL CORPORATION 20,672 30,514
    STRATASYS, INC 9,318 12,826
    T ROWE PRICE CAPITAL APPRECIAT   503,272
    T. ROWE PRICE EQUITY INCOME FD 100,000 141,221
    TAIWAN SEMICONDUCTOR MFG CO LT 16,001 29,223
    TARGET CORPORATION 4,624 11,651
    TELADOC INC 23,321 23,195
    TENCENT HOLDINGS LIMITED 6,432 6,111
    TESLA MOTORS INC 47,116 68,450
    TESSCO TECHNOLOGIES INCORPORAT 2,243 3,120
    TEXAS INSTRUMENTS INC 9,253 15,592
    THE COCA-COLA CO 8,722 9,981
    THERMO FISHER SCIENTIFIC INC 19,881 19,563
    TREE.COM, INC 14,563 13,690
    TWEEDY BROWNE GLOBAL VALUE FUN 300,000 325,502
    TWILIO INC 14,294 15,910
    TYLER TECHNOLOGIES, INC 7,340 7,857
    UNIFIRST CP 15,311 17,994
    UNITED PARCEL SERVICE 4,832 8,420
    UNITEDHEALTH GROUP INC 20,174 21,742
    VANGUARD DEVELOPED MARKETS IDX 374,999 464,242
    VANGUARD DIVIDEND GROWTH FD 200,000 389,168
    VANGUARD EQUITY INCOME - ADMIR 254,732 467,870
    VANGUARD HEALTH CARE FD ADMIRA 86,980 96,404
    VANGUARD INFORMATION TECHNOLOG 130,365 760,648
    VANGUARD INTL VALUE FUND 350,000 376,842
    VANGUARD REIT INDEX FD ADMIRAL 256,670 374,691
    VANGUARD SELECTED VALUE INV 55,964 62,616
    VANGUARD SHORT-TERM CORPORATE 300,477 315,601
    VANGUARD SMALL CAP VALUE INDEX 91,849 252,969
    VANGUARD WELLINGTON ADMIRAL FU 424,999 578,863
    VARIAN MEDICAL SYSTEMS INC 13,772 19,601
    VERISK ANALYTICS, INC 17,339 19,306
    VERIZON COMMUNICATIONS 11,468 13,454
    VIATRIS ORD SHS 7,853 9,370
    VIRTUS EMERGING MARKETS OPPORT 530,447 623,628
    VISA INC 20,046 22,529
    WEST PHARMA SVCS INC 17,079 17,849
    WESTERN UNION CO 9,192 10,202
    WHIRLPOOL CORP 5,177 7,942
    WHITE MTN INS LTD 14,396 24,016
    ZILLOW GROUP, INC (CL C) 15,515 20,379

    TY 2020 InvestmentsOtherSchedule2
    Name:
    The Serenbetz Family Foundation Inc
    EIN:
    13-3993644
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALT INV PTNS ABSOLUTE RTN   408,702 419,472
    CPG VINTAGE ACCESS FD II LLC   98,596 110,458
    CPG VINTAGE ACCESS FD III LLC   102,532 130,699
    CPG VINTAGE ACCESS FD III LLC   25,000 25,000
    IRONWOOD MULTI STRAT LLC   497,114 545,177
    SKYBRIDGE MUL-AD SER G   451,827 406,197
    THRESHER PARTNERS, L.P   1,916,902 2,167,685

    TY 2020 OtherDecreasesSchedule
    Name:
    The Serenbetz Family Foundation Inc
    EIN:
    13-3993644
    Description Amount
    TO ADJUST FMV TO BOOK VALUE 345,053


    TY 2020 OtherExpensesSchedule
    Name:
    The Serenbetz Family Foundation Inc
    EIN:
    13-3993644
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Set-Up Fee 5,500     5,500
    Bank Charges 6,272 6,272    
    K-1 Exp ALT INV PTNS ABSOLUTE 1,699 1,641    
    K-1 Exp THRESHER PARTNERS, L.P 1,472 1,472    
    Website Hosting/Support 204     204


    TY 2020 OtherIncomeSchedule2
    Name:
    The Serenbetz Family Foundation Inc
    EIN:
    13-3993644
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss ALT INV PTNS ABSOLUTE RTN 35,384 35,384  
    K-1 Inc/Loss THRESHER PARTNERS, L.P -6,944 -6,944  


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    The Serenbetz Family Foundation Inc
    EIN:
    13-3993644
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 9,994 9,994    


    TY 2020 SubstantialContributorsSch
    Name:
    The Serenbetz Family Foundation Inc
    EIN:
    13-3993644
    Name Address
    Estate of Article III Tr 4620 Seren 165 Signal Hill Rd
    Wilton,CT06897
    Estate of W L Serenbetz Marital d 165 Signal Hill Rd
    Wilton,CT06897


    TY 2020 TaxesSchedule
    Name:
    The Serenbetz Family Foundation Inc
    EIN:
    13-3993644
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 5,500      
    990-PF Extension for 2019 4,200      
    Foreign Tax Paid 10 10