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
ERLBAUM FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)44 W LANCASTER AVENUE SUITE 110
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ARDMORE, PA190031339
A Employer identification number

23-2962563
B Telephone number (see instructions)

(610) 896-7700
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,661,804J 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) 533,227
2 Check bullet.............
3 Interest on savings and temporary cash investments 35 35  
4 Dividends and interest from securities... 8,996 8,996  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 262,272
b Gross sales price for all assets on line 6a 454,786
7 Capital gain net income (from Part IV, line 2)... 258,951
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 -47,711 0  
12 Total. Add lines 1 through 11........ 756,819 267,982  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   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 7,700 0   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 21,974 736   0
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 419 419   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 30,093 1,155   0
25 Contributions, gifts, grants paid....... 621,161 621,161
26 Total expenses and disbursements. Add lines 24 and 25 651,254 1,155   621,161
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 105,565
b Net investment income (if negative, enter -0-) 266,827
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............. 43,401 99,342 99,342
2 Savings and temporary cash investments......... 336,526 75,717 75,717
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)      
b Investments—corporate stock (attach schedule)....... 1,882,984 Click to see attachment1,946,090 1,476,745
c Investments—corporate bonds (attach schedule)....... 20,000 Click to see attachment10,000 10,000
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,282,911 2,131,149 1,661,804
Liabilities 17 Accounts payable and accrued expenses.......... 35,900 7,790
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) Click to see attachment1,410 Click to see attachment1,410
23 Total liabilities (add lines 17 through 22)......... 37,310 9,200
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 2,245,601 2,121,949
29 Total net assets or fund balances (see instructions)..... 2,245,601 2,121,949
30 Total liabilities and net assets/fund balances (see instructions). 2,282,911 2,131,149
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
2,245,601
2
Enter amount from Part I, line 27a .....................
2
105,565
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,351,166
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
229,217
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,121,949
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 K-1 DCP MIDSTREAM LP      
b K-1 ENERGY TRANSFER LP      
c K-1 ENERPRISE PRODUCT PARTNERS      
d K-1 GLOBAL PARTNERS LP      
e K-1 PLAINS ALL AMERICAN PIPELINE LP      
K-1 PLAINS ALL AMERICAN PIPELINE LP      
K-1 ORDINARY GAIN      
K-1 MAGELLAN MIDSTREAM      
PUBLICALLY TRADED SECURITIES      
(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     2 -2
b     6 -6
c     201 -201
d     548 -548
e 153     153
    1,112 -1,112
    3,321 -3,321
    415 -415
454,633   190,230 264,403
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       -2
b       -6
c       -201
d       -548
e       153
      -1,112
      -3,321
      -415
      264,403
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 2 258,951
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 3,709
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 3,709
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,709
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 16,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 16,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 76
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 12,215
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet12,215 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletFOUNDATION Telephone no.bullet (610) 896-7700

    Located atbullet44 W LANCASTER AVENUE SUITE 110ARDMOREPA ZIP+4bullet190031339
    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
    GARY E ERLBAUM PRESIDENT
    1.00     		0 0 0
    44 W LANCASTER AVENUE SUITE 110
    ARDMORE,PA190031339
    DANIEL A ERLBAUM DIRECTOR
    1.00     		0 0 0
    44 W LANCASTER AVENUE SUITE 110
    ARDMORE,PA190031339
    JON L ERLBAUM DIRECTOR
    1.00     		0 0 0
    44 W LANCASTER AVENUE SUITE 110
    ARDMORE,PA190031339
    MARC N ERLBAUM DIRECTOR
    1.00     		0 0 0
    44 W LANCASTER AVENUE SUITE 110
    ARDMORE,PA190031339
    VICKI O ERLBAUM DIRECTOR
    1.00     		0 0 0
    44 W LANCASTER AVENUE SUITE 110
    ARDMORE,PA190031339
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 NOT APPLICABLE 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 NOT APPLICABLE 0
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,162,356
    b
    Average of monthly cash balances.......................
    1b
    202,173
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,364,529
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,364,529
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    20,468
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,344,061
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    67,203
    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
    67,203
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,709
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,709
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    63,494
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    63,494
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    63,494
    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
    621,161
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    621,161
    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
    621,161
    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 63,494
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 798,993
    b From 2016...... 712,148
    c From 2017...... 712,101
    d From 2018...... 651,931
    e From 2019...... 702,635
    fTotal of lines 3a through e........ 3,577,808
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 621,161
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 63,494
    e Remaining amount distributed out of corpus 557,667
    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 4,135,475
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		798,993
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		3,336,482
    10 Analysis of line 9:
    a Excess from 2016.... 712,148
    b Excess from 2017.... 712,101
    c Excess from 2018.... 651,931
    d Excess from 2019.... 702,635
    e Excess from 2020.... 557,667
    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).)
    GARY E ERLBAUM
    DANIEL A ERLBAUM
    JON L ERLBAUM
    MARC N ERLBAUM
    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
    A BETTER CHANCE IN LOWER MERION
    PO BOX 213
    ARDMORE,PA19003     		  PC GENERAL CHARITABLE PURPOSES 250
    ACMIS CO PESACH LERNER
    567 CEDARHILL ROAD
    FAR ROCKAWAY,NY11691     		  PC GENERAL CHARITABLE PURPOSES 1,800
    ADI ISRAEL FOUNDATION
    9 HARIKMA STREET
    JERUSALEM   91610
    IS     		  PC GENERAL CHARITABLE PURPOSES 1,800
    AISH CHAIM
    345 MONTGOMERY AVENUE
    BALA CYNWYD,PA19004     		  PC GENERAL CHARITABLE PURPOSES 3,960
    ALEH ISRAEL FOUNDATION
    PO BOX 4911
    NEW YORK,NY10185     		  PC GENERAL CHARITABLE PURPOSES 2,000
    ALL4ISRAEL
    53 DEWHURST ST
    STATEN ISLAND,NY10314     		  PC GENERAL CHARITABLE PURPOSES 10,000
    ALS ASSOCIATION THE GREATER PHILA CHAPTER
    321 NORRISTOWN RD STE 260
    AMBLER,PA19002     		  PC GENERAL CHARITABLE PURPOSES 1,250
    ALZHEIMER'S DISEASE RESEARCH
    22512 GATEWAY CENTER DRIVE PO BOX
    1950
    CLARKSBURG,MD20871     		  PC GENERAL CHARITABLE PURPOSES 100
    AMERICAN ASSOCIATES BEN GURION UNIV
    261 OLD YORK ROAD 417ATE 530
    JENKINTOWN,PA19406     		  PC GENERAL CHARITABLE PURPOSES 500
    AMERICAN FRIENDS OF DARCHE NOAM
    226 SMITH ST
    WOODMERE,NY115989804     		  PC GENERAL CHARITABLE PURPOSES 2,340
    AMERICAN FRIENDS OF HERITAGE HOUSE CO SHUSTER
    8418 115TH ST
    RICHMOND HILL,NY11418     		  PC GENERAL CHARITABLE PURPOSES 1,000
    AMERICAN FRIENDS OF KEREN MALKI
    PO BOX 670849
    FLUSHING,NY11367     		  PC GENERAL CHARITABLE PURPOSES 1,800
    AMERICAN FRIENDS OF KESHER YEHUDI CO MOSHE SCHMELL
    962 MIDWOOD RD
    WOODMERE,NY11598     		  PC GENERAL CHARITABLE PURPOSES 1,800
    AMERICAN FRIENDS OF NEFESH HACHAIM
    10 MEADOW LANE
    MONSEY,NY10952     		  PC GENERAL CHARITABLE PURPOSES 720
    AMERICAN FRIENDS OF SHALVA
    315 FIFTH AVENUE 6TH FL
    NEW YORK,NY10016     		  PC GENERAL CHARITABLE PURPOSES 360
    AMERICAN FRIENDS OF TORAH BTZFAT INC CO RABBI SHMUEL FAIVELSON
    2418 AVE I
    BROOKLYN,NY11210     		  PC GENERAL CHARITABLE PURPOSES 540
    AMERICAN FRIENDS OFO LATET HUMAN AID
    29 MERRILL ROAD
    NEWTOWN,MA02459     		  PC GENERAL CHARITABLE PURPOSES 1,800
    AMERICANS FOR PEACE AND TOLERANCE
    15 MAIN ST
    WATERTOWN,MA02472     		  PC GENERAL CHARITABLE PURPOSES 3,600
    ASCENT-INNER DIMENSIONS OF JEWISH
    408 PARK AVENUE
    WOODBURY,NY11797     		  PC GENERAL CHARITABLE PURPOSES 10,000
    ASSOCIATION FOR ADULTS WITH DEVELOPENTAL DISABILITIES
    261 OLD YORK ROAD STE 530
    JENKINTOWN,PA19046     		  PC GENERAL CHARITABLE PURPOSES 750
    AUSCHWITZ-BIRKENAU MEMORIAL FOUNDATION
    483 TENTH AVENUE SUITE 425
    NEW YORK,NY10018     		  PC GENERAL CHARITABLE PURPOSES 5,000
    BAYITH LEPLEITOT INC
    1362 E 21 ST
    BROOKLYN,NY11210     		  PC GENERAL CHARITABLE PURPOSES 1,000
    BEIS MIDRASH OF QUEENS CO YESHIVAT HESDER SHILOH
    17 FT GEORGE HILL APT 7J
    NEW YORK,NY100402516     		  PC GENERAL CHARITABLE PURPOSES 1,000
    BEIT T'SHUVAH
    8831 VENICE BLVD
    LOS ANGELES,CA90034     		  PC GENERAL CHARITABLE PURPOSES 180
    BENSALEM JEWISH OUTREACH CENTER
    2446 BRISTOL ROAD
    BENSALEM,PA19020     		  PC GENERAL CHARITABLE PURPOSES 1,360
    BETH ISRAEL CONGREGATION
    1015 EAST PARK AVENUE
    VINELAND,NJ08360     		  PC GENERAL CHARITABLE PURPOSES 180
    BIKKUR CHOLIM OF PHILADELPHIA
    224 OLD LANCASTER ROAD
    MERION STATION,PA19066     		  PC GENERAL CHARITABLE PURPOSES 150
    BONEI OLAM
    265 N BOWMAN AVENUE
    MERION STATION,PA19066     		  PC GENERAL CHARITABLE PURPOSES 1,000
    BOYS TOWN JERUSALEM
    1 PENN PLAZA SUITE 6250
    NEW YORK,NY10119     		  PC GENERAL CHARITABLE PURPOSES 3,000
    BRINGING HOPE HOME
    641 SWEDESFORD ROAD
    MALVERN,PA19355     		  PC GENERAL CHARITABLE PURPOSES 360
    CAMP SUNSHINE
    WOODLANDS CENTER 900 EAST EIGHT
    AVENUE
    KING OF PRUSSIA,PA19406     		  PC GENERAL CHARITABLE PURPOSES 1,000
    CASKEY TORAH ACADEMY
    742 ARGYLE ROAD
    WYNNEWOOD,PA19096     		  PC GENERAL CHARITABLE PURPOSES 23,500
    CENTRAL FUND OF ISRAEL
    980 6TH AVE
    NEW YORK,NY10018     		  PC GENERAL CHARITABLE PURPOSES 8,600
    CHABAD AT TEMPLE
    1521 DONDILL PLACE
    PHILADELPHIA,PA19122     		  PC GENERAL CHARITABLE PURPOSES 1,000
    CHABAD AT THE SHORE
    8223 FULTON AVE
    MARGATE,NJ08042     		  PC GENERAL CHARITABLE PURPOSES 1,500
    CHABAD LUBAVITCH OF CHESTER COUNTY
    946 N VALLEY FORGE ROAD
    DEVON,PA19333     		  PC GENERAL CHARITABLE PURPOSES 1,800
    CHABAD LUBAVITCH OF DELAWARE COUNTTY
    400 MARPLE ROAD
    BROOMALL,PA19008     		  PC GENERAL CHARITABLE PURPOSES 4,140
    CHABAD OF PORTLAND
    6612 SW CAPITOL CITY
    PORTLAND,OR97239     		  PC GENERAL CHARITABLE PURPOSES 540
    CHABAD OF PUERTO RICO
    375 PULIS AVENUE
    FRANKLIN LANES,NJ07417     		  PC GENERAL CHARITABLE PURPOSES 540
    CHABAD OF THE MAIN LINE
    625 MONTGOMERY AVE
    MERION STATION,PA19066     		  PC GENERAL CHARITABLE PURPOSES 3,962
    CHABAD OF UD
    262 S COLLEGE AVENUE
    NEWARK,DE19711     		  PC GENERAL CHARITABLE PURPOSES 180
    CHAI LIFELINE - CAMP SIMCHA
    106 CLIFTON AVE
    LAKEWOOD,NJ087013388     		  PC GENERAL CHARITABLE PURPOSES 2,360
    CHASDEI ELIYAHU
    200 HAVERFORD RD
    WYNNEWOOD,PA19096     		  PC GENERAL CHARITABLE PURPOSES 5,400
    CHERRY HILL COMMUNITY KOLLEL
    401 COOPER LANDING ROAD SUITE C-1
    CHERRY HILL,NJ080022538     		  PC GENERAL CHARITABLE PURPOSES 1,000
    CHESED FUND
    5701 MARIUS STREET
    MIAMI,FL33146     		  PC GENERAL CHARITABLE PURPOSES 3,900
    CHESED PROJECT BY CPS
    360 VALLEY ROAD
    HAMMONTON,NJ083071673     		  PC GENERAL CHARITABLE PURPOSES 360
    CHOFETZ CHAIM HERITAGE FOUNDATION THE
    361 SPOOK ROCK ROAD
    SUFFERN,NY10901     		  PC GENERAL CHARITABLE PURPOSES 180
    COALITION FOR JEWISH VALUES
    2833 SMITH AVE STE 225
    BALTIMORE,MD21209     		  PC GENERAL CHARITABLE PURPOSES 5,000
    COLEL CHABAD CO RABBI PIEKARSKI
    806 EASTERN PARKWAY
    BROOKLYN,NY11213     		  PC GENERAL CHARITABLE PURPOSES 1,360
    COMMUNITY KASHRUS OF GREATER PHILADELPHIA
    2014 UPLAND WAY
    PHILADELPHIA,PA19131     		  PC GENERAL CHARITABLE PURPOSES 180
    CONGREGATION BETH HAMEDROSH
    200 HAVERFORD RD
    WYNNEWOOD,PA19096     		  PC GENERAL CHARITABLE PURPOSES 1,800
    DAMON RUNYON CANCER RESEARCH FUND
    55 BROADWAY STE 302
    NEW YORK,NY10006     		  PC GENERAL CHARITABLE PURPOSES 18,296
    EMILY'S ENTOURAGE
    PO BOX 71
    MERION STATION,PA19066     		  PC GENERAL CHARITABLE PURPOSES 2,500
    FIRST SEDER
    PO BOX 74
    BALA CYNWYD,PA19004     		  PC GENERAL CHARITABLE PURPOSES 1,000
    FOUNDATION FOR DEFENSE OF DEMOCRACIES
    1800 M ST NW SUITE 800-S
    WASHINGTON,DC20036     		  PC GENERAL CHARITABLE PURPOSES 5,000
    FOXMAN TORAH INSTITUTE
    31 MAPLE AVE
    CHERRY HILL,NJ08002     		  PC GENERAL CHARITABLE PURPOSES 1,800
    FRIENDS OF ASOR FUND USA INC
    99 WASHINGTON AVE SUITE 805-A
    ALBANY,NY12210     		  PC GENERAL CHARITABLE PURPOSES 360
    FRIENDS OF THE IDF
    500 OFFICE CENTER DRIVE STE 400
    FORT WASHINGTON,PA19034     		  PC GENERAL CHARITABLE PURPOSES 7,200
    FRIENDS OF THE UNITED HATZALAH
    208 EAST 51ST STREET STE 303
    NEW YORK,NY10022     		  PC GENERAL CHARITABLE PURPOSES 19,180
    FRIENDSHP CIRCLE
    1505 S 5TH ST
    PHILADELPHIA,PA19147     		  PC GENERAL CHARITABLE PURPOSES 18,000
    FUCCILE FOUNDATION
    PO BOX 459
    METUCHEN,NJ08840     		  PC GENERAL CHARITABLE PURPOSES 1,000
    GAN ISRAEL CHABAD
    1360 W INDIAN CREEK DRIVE
    WYNNEWOOD,PA19096     		  PC GENERAL CHARITABLE PURPOSES 11,800
    GOLDEN SLIPPER CLUB & CHARITIES
    215 N PRESIDENTIAL BLVD 1ST FL
    BALA CYNWYD,PA190041201     		  PC GENERAL CHARITABLE PURPOSES 180
    GUIDELINE SERVICES - CHABAD PENN WYNNE
    8 OVERBROOK PARKWAY
    WYNNEWOOD,PA19096     		  PC GENERAL CHARITABLE PURPOSES 8,600
    GUIDELINE SERVICES - MENACHEM SCHMIDT
    754 S 9TH STREET
    PHILADELPHIA,PA19147     		  PC GENERAL CHARITABLE PURPOSES 10,000
    HABITAT FOR HUMANITY
    285 PEACHTREE CENTER AVE NE 2700
    ATLANTA,GA30303     		  PC GENERAL CHARITABLE PURPOSES 100
    HAR ZION TEMPLE
    1500 HAGYS FORD RD
    PENN VALLEY,PA19072     		  PC GENERAL CHARITABLE PURPOSES 118
    HILLEL AT TEMPLE UNIVERSITY
    1441 NORRIS STREET
    PHILADELPHIA,PA19121     		  PC GENERAL CHARITABLE PURPOSES 500
    HITACHDUT NASHIM LEMAAN CHANINUCH
    630 THIRD AVE 15TH FL
    NEW YORK,NY10017     		  PC GENERAL CHARITABLE PURPOSES 360
    HITMASRUT
    545 WEST 37TH STREET
    MIAMI,FL33140     		  PC GENERAL CHARITABLE PURPOSES 900
    INDIAN AND FOREST ACRE ALUMNNI SCHO FND
    3436 WEST 30TH AVENUE
    DENVER,CO80211     		  PC GENERAL CHARITABLE PURPOSES 1,000
    ISRAEL CHILDREN CANCER CENTERS
    PO BOX 1717
    BRICK,NJ08723     		  PC GENERAL CHARITABLE PURPOSES 1,000
    ISRAEL GUIDE DOG CENTER FOR THE BLIND
    968 EASTON ROAD STE H
    WARRINGTON,PA19876     		  PC GENERAL CHARITABLE PURPOSES 2,800
    ISRAEL365
    2525 STAFFORD PL
    COLUMBUS,OH43209     		  PC GENERAL CHARITABLE PURPOSES 540
    JACK M BARRACK HEBREW ACADEMY
    272 SOUTH BRYN MAWR AVENUE
    BRYN MAWR,PA19010     		  PC GENERAL CHARITABLE PURPOSES 1,000
    JCHAI
    FEDERATION HALL274 SOUTH BRYN MAWR
    AVENUE
    BRYN MAWR,PA19010     		  PC GENERAL CHARITABLE PURPOSES 460
    JDRF - JUVENILE DIABETES RESEARCH FUND
    120 OLD GULPH ROAD
    WYNNEWOOD,PA19096     		  PC GENERAL CHARITABLE PURPOSES 750
    JEWISH LEARNING VENTURE
    261 OLD YORK ROAD STE 720
    JENKINTOWN,PA19046     		  PC GENERAL CHARITABLE PURPOSES 1,000
    JEWISH NATIONAL FUND
    78 RANDALL AVENUE
    ROCKVILLE CENTRE,NY11570     		  PC GENERAL CHARITABLE PURPOSES 10,000
    JEWISH POLICY CENTER
    BUILDING 10 SUITE 200 300 SENTRY
    PKWY EAST
    BLUE BELL,PA19422     		  PC GENERAL CHARITABLE PURPOSES 180
    JEWISH RELIEF AGENCY
    225 E CITY AVE STE 210
    BALA CYNWYD,PA190041274     		  PC GENERAL CHARITABLE PURPOSES 100
    JINSA
    1101 14TH STREET NW SUITE 1110
    WASHINGTON,DC20005     		  PC GENERAL CHARITABLE PURPOSES 500
    JNS
    PO BOX 610100
    NEWTON HIGHLANDS,MA02461     		  PC GENERAL CHARITABLE PURPOSES 360
    JOIN ISRAEL
    3 WEST 57TH STREET 10TH FL
    NEW YORK,NY100193407     		  PC GENERAL CHARITABLE PURPOSES 1,000
    KAVOD
    1779 KIRBY PKWY
    MEMPHIS,TN38138     		  PC GENERAL CHARITABLE PURPOSES 18,000
    KLEINLIFE
    1735 MARKET ST STE 3910
    PHILADELPHIA,PA19103     		  PC GENERAL CHARITABLE PURPOSES 5,000
    KOSLOFF TORAH ACADEMY
    50 MONTGOMERY AVENUE
    BALA CYNWYD,PA19004     		  PC GENERAL CHARITABLE PURPOSES 11,340
    LEV LAVEV ORPHANAGE
    3 COLLEGE ROAD 101
    MONSEY,NY10952     		  PC GENERAL CHARITABLE PURPOSES 855
    LONGPORT SCHOLARSHIP FUND CO LYNN BAUMGARDNER
    3012 ATLANTIC AVE
    LONGPORT,NJ08403     		  PC GENERAL CHARITABLE PURPOSES 500
    LONGPORT VOLUNTEER FIRE DEPARTMENT
    2301 ATLANTIC AVENUE
    LONGPORT,NJ08403     		  PC GENERAL CHARITABLE PURPOSES 100
    LOWER MERION COMMUNITY MIKVAH
    111 UNION AVENUE
    BALA CYNWYD,PA19004     		  PC GENERAL CHARITABLE PURPOSES 37
    LOWER MERION SYNAGOGUE
    111 UNION AVE
    BALA CYNWYD,PA19004     		  PC GENERAL CHARITABLE PURPOSES 34,080
    LUBAVITCH OF BUCKS COUNTY
    25 NORTH STATE STREET
    NEWTOWN,PA189409444     		  PC GENERAL CHARITABLE PURPOSES 2,180
    LUBAVITCH OF MONTGOMERY COUNTY
    1311 FORT WASHINGTON AVENUE
    FORT WASHINGTON,PA19034     		  PC GENERAL CHARITABLE PURPOSES 3,600
    MADD NATIONAL PROCESSING CENTER
    PO BOX 7005
    PRESCOTT,AZ863047005     		  PC GENERAL CHARITABLE PURPOSES 100
    MAOS CHITIM CAMPAIGN
    6022 OVERBROOK AVENUE
    PHILADELPHIA,PA19131     		  PC GENERAL CHARITABLE PURPOSES 360
    MEANINGFUL PURPOSE INC
    5075 SPRUCE AVENUE
    EGG HARBOR,NJ08234     		  PC GENERAL CHARITABLE PURPOSES 2,500
    MEMRI
    PO BOX 27837
    WASHINGTON,DC200387837     		  PC GENERAL CHARITABLE PURPOSES 36
    MEOR
    PO BOX 279
    POMONA,NY10970     		  PC GENERAL CHARITABLE PURPOSES 2,750
    MERION FIRE COMPANY
    35 GREENFIELD AVENUE
    ARDMORE,PA190031333     		  PC GENERAL CHARITABLE PURPOSES 50
    MESIVTA HIGH SCHOOL OF GREATER PHILADELPHIA
    314 LEVERINGTON MILL ROAD
    BALA CYNWYD,PA19004     		  PC GENERAL CHARITABLE PURPOSES 101,002
    MESIVTA LEV TMIMIM LUBAVITCH
    17 BLUEBERRY HILL ROAD
    MONSEY,NY10952     		  PC GENERAL CHARITABLE PURPOSES 1,000
    MIDDLE EAST FORUM
    1650 MARKET STREET 3600
    PHILADELPHIA,PA19103     		  PC GENERAL CHARITABLE PURPOSES 1,000
    MINDING YOUR MIND FOUNDATION
    124 SIBLEY AVENUE
    ARDMORE,PA19003     		  PC GENERAL CHARITABLE PURPOSES 72,000
    MISSION KIDS
    502 W GERMANTOWN PIKE STE 101
    EAST NORRITON,PA19403     		  PC GENERAL CHARITABLE PURPOSES 1,000
    NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY
    101 S INDEPENDENCE MALL E
    PHILADELPHIA,PA19106     		  PC GENERAL CHARITABLE PURPOSES 1,180
    NCSY
    4001 CLARKS LANE
    BALTIMORE,MD21215     		  PC GENERAL CHARITABLE PURPOSES 2,580
    NEVE YERUSHALAYIM
    45 TAMARACK LANE
    POMONA,NY10970     		  PC GENERAL CHARITABLE PURPOSES 450
    NYU LANGONE HEALTH
    ONE PARK AVENUE 5TH FL
    NEW YORK,NY10016     		  PC GENERAL CHARITABLE PURPOSES 33,333
    OAKMONT FIRE COMPANY #1
    23 WEST BENEDICT AVENUE
    HAVERTOWN,PA190832303     		  PC GENERAL CHARITABLE PURPOSES 50
    OHR NOSSON
    40 TWELFTH STREET
    LAKEWOOD,NJ08701     		  PC GENERAL CHARITABLE PURPOSES 1,000
    OPEN DOOR MEDIA
    11110 W OAKLAND PARK BLVD SUITE 288
    SUNRISE,FL33351     		  PC GENERAL CHARITABLE PURPOSES 3,334
    OROT
    7601 OLD YORK ROAD
    MELROSE PARK,PA19027     		  PC GENERAL CHARITABLE PURPOSES 5,000
    ORTHODOX UNION
    ELEVEN BROADWAY 14TH FL
    NEW YORK,NY10004     		  PC GENERAL CHARITABLE PURPOSES 100
    OUR PLACE IN NEW YORK
    44 WALL STREET 2ND FL
    NEW YORK,NY10005     		  PC GENERAL CHARITABLE PURPOSES 680
    PALM BEACH SYNAGOGUE
    120 NORTH COUNTY ROAD
    PALM BEACH,FL33480     		  PC GENERAL CHARITABLE PURPOSES 1,450
    PANCREATIC CANCER ACTION NETWORK
    1500 ROSECRANS AVENUE SUITE 200
    MANHATTAN BEACH,CA90266     		  PC GENERAL CHARITABLE PURPOSES 100
    PASSOVER LEAGUE OF PA
    215 PRESIDENTIAL BLVD
    BALA CYNWYD,PA19004     		  PC GENERAL CHARITABLE PURPOSES 360
    PEGASUS THERAPEUTIC RIDING ACADEMY INC
    8297 BUSTLETON AVENUE
    PHILADELPHIA,PA19152     		  PC GENERAL CHARITABLE PURPOSES 1,000
    PENNSYLVANIA BALLET
    1819 JFK BLVD SUITE 210
    PHILADELPHIA,PA191031728     		  PC GENERAL CHARITABLE PURPOSES 250
    PERELMAN JEWISH DAY SCHOOL
    49 HAVERFORD RD
    WYNNEWOOD,PA19096     		  PC GENERAL CHARITABLE PURPOSES 2,500
    PHILADELPHIA HOLOCAUST REMEMBRANCE FOUNDATION
    1617 JFK BLVD 20TH FL UNIT 2015
    PHILADELPHIA,PA19103     		  PC GENERAL CHARITABLE PURPOSES 5,000
    PHILADELPHIA MUSEUM OF ART
    2600 BENJAMIN FRANKLIN PKWY
    PHILADELPHIA,PA19130     		  PC GENERAL CHARITABLE PURPOSES 363
    PHILADELPHIA ORCHESTRA
    1 S BROAD ST STE 1400
    PHILADELPHIA,PA191079935     		  PC GENERAL CHARITABLE PURPOSES 250
    PHILADELPHIA RONALD MCDONALD HOUSE
    3925 CHESTNUT STREET
    PHILADELPHIA,PA19104     		  PC GENERAL CHARITABLE PURPOSES 10,000
    PROJECT SHORESH
    15 HART ST
    PROVIDENCE,RI02906     		  PC GENERAL CHARITABLE PURPOSES 500
    PSU FOUR DIAMONDS
    116 OLD MAIN
    UNIVERSITY PARK,PA16802     		  PC GENERAL CHARITABLE PURPOSES 250
    RABBI'S DISCRETIONARY FUND BETH EL SYNAGOGUE
    50 MAPLE STREAM ROAD
    EAST WINDSOR,NJ08520     		  PC GENERAL CHARITABLE PURPOSES 1,000
    RABBI'S DISCRETIONARY FUND TEMPLE BETH EL
    1001 REMINGTON ROAD
    WYNNEWOOD,PA190962399     		  PC GENERAL CHARITABLE PURPOSES 180
    ROHR CENTER FOR JEWISH LIFE
    780 COLLEGE AVE
    HAVERFORD,PA19041     		  PC GENERAL CHARITABLE PURPOSES 2,880
    RSNA R&E FOUNDATION
    820 JORIE BLVD SUITE 200
    OAK BROOK,IL605232251     		  PC GENERAL CHARITABLE PURPOSES 100
    SAMUEL D COZEN MEMORIAL FUND
    200 FOUR FALLS CORP CTR STE 400
    WEST CONSHOHOCKEN,PA194280800     		  PC GENERAL CHARITABLE PURPOSES 500
    SCHOLARS FOR PEACE IN THE MIDDLE EAST
    PO BOX 2241
    BALA CYNWYD,PA19004     		  PC GENERAL CHARITABLE PURPOSES 1,000
    SHIPLEY SCHOOL THE
    814 YARROW STREET
    BRYN MAWR,PA19010     		  PC GENERAL CHARITABLE PURPOSES 500
    SHIVTEI-YESHURON-EZRAS ISRAEL
    2015 S 4TH STREET
    PHILADELPHIA,PA19148     		  PC GENERAL CHARITABLE PURPOSES 360
    SPECIAL OLYMPICS PENNSYLVANIA
    PO BOX 3010
    NORRISTOWN,PA194043010     		  PC GENERAL CHARITABLE PURPOSES 300
    STAND WITH US
    123 S BROAD STREET SUITE 1832
    PHILADELPHIA,PA19109     		  PC GENERAL CHARITABLE PURPOSES 1,000
    TALMUDICAL YESHIVA OF PHILADELPHIA
    6063 DREXEL ROAD
    PHILADELPHIA,PA19131     		  PC GENERAL CHARITABLE PURPOSES 3,600
    TEMPLE BETH HILLEL-BETH EL
    1001 REMINGTON ROAD
    WYNNEWOOD,PA190962399     		  PC GENERAL CHARITABLE PURPOSES 3,135
    TEMPLE UNIVERSITY - FOX SCHOOL OF LAW
    1810 LIACOURAS WALK SUITE 412 ALTER
    HALL
    PHILADELPHIA,PA19122     		  PC GENERAL CHARITABLE PURPOSES 500
    THANK ISRAELI SOLDIERS
    PO BOX 644735
    PITTSBURGH,PA152644735     		  PC GENERAL CHARITABLE PURPOSES 360
    TORAH YOUTH CO RABBI SILVER
    301 CYNWYD ROAD
    BALA CYNWYD,PA19004     		  PC GENERAL CHARITABLE PURPOSES 1,000
    TOYS FOR TOTS
    356 EXETER ROAD
    HAVERFORD,PA19004     		  PC GENERAL CHARITABLE PURPOSES 250
    TRINITY PRESBYTERIAN CHURCH OF BERWYN
    640 BERWYN AVE
    BERWYN,PA19312     		  PC GENERAL CHARITABLE PURPOSES 100
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
    3535 MARKET STREET STE 750
    PHILADELPHIA,PA19104     		  PC GENERAL CHARITABLE PURPOSES 180
    VAAD HARABANIM LEINYANEI TZEDAKAH
    600 REISTEROWN ROAD SUITE 401
    BALTIMORE,MD21208     		  PC GENERAL CHARITABLE PURPOSES 540
    YAD ERZA V'SHULAMIT
    3470 WILSHIRE BLVD STE 1020
    LOS ANGELES,CA90010     		  PC GENERAL CHARITABLE PURPOSES 1,100
    YOUNG ISRAEL OF CHERRY HILL-CHESSED FUND
    817 COOPER LANDING ROAD
    CHERRY HILL,NJ08002     		  PC GENERAL CHARITABLE PURPOSES 15,000
    YOUNG ISRAEL OF ELKINS PARK
    7715 MONTGOMERY AVENUE
    ELKINS PARK,PA19027     		  PC GENERAL CHARITABLE PURPOSES 180
    YOUNG ISRAEL OF THE MAIN LINE
    273 MONTGOMERY AVENUE
    BALA CYNWYD,PA19004     		  PC GENERAL CHARITABLE PURPOSES 690
    YOUNG JEWISH CONSERVATIVES
    2480 BRIARCLIFF ROAD STE 6-181
    ATLANTA,GA30329     		  PC GENERAL CHARITABLE PURPOSES 1,000
    ZIONIST ORGANIZATION OF AMERICA
    ONE BELMONT AVE SUITE 324
    BALA CYNWYD,PA19004     		  PC GENERAL CHARITABLE PURPOSES 3,000
    Total .................................bullet 3a 621,161
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 35  
    4 Dividends and interest from securities.... 523000   14 8,996  
    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 ............     		523000 3,321 18 258,951  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 DCP MIDSTREM     		523000 -15,290      
    bK-1 ENERGY TRANSFER LP 523000 -8,589      
    cK-1 ENTERPRISE PRODUCTS PARTNERS LP 523000 -6,076      
    dK-1 GLOBAL PARTNERS LP 523000 -4,041      
    eK-1 MAGELLAN MIDSTREAM PARTNERS LP 523000 -3,936      
    fK-1 PLAINS ALL AMERICAN PIPELINE, L.P. 523000 -9,779      
    12 Subtotal. Add columns (b), (d), and (e).. -44,390 267,982 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    223,592
    (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
    ERLBAUM FAMILY FOUNDATION
     
    Employer identification number

    23-2962563
    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
    ERLBAUM FAMILY FOUNDATION
          		Employer identification number
    23-2962563
    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
    JON ERLBAUM
    44 W LANCASTER AVENUE SUITE 110
     
    ARDMORE, PA19003

    		$ 49,329


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    MARC ERLBAUM
    44 W LANCASTER AVENUE SUITE 110
     
    ARDMORE, PA19003

    		$ 49,328


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    DANIEL ERLBAUM
    44 W LANCASTER AVENUE SUITE 110
     
    ARDMORE, PA19003

    		$ 49,343


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    JON ERLBAUM
    44 W LANCASTER AVENUE SUITE 110
     
    ARDMORE, PA19003

    		$ 19,141


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    MARC ERLBAUM
    44 W LANCASTER AVENUE SUITE 110
     
    ARDMORE, PA19003

    		$ 19,141


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    DANIEL ERLBAUM
    44 W LANCASTER AVENUE SUITE 110
     
    ARDMORE, PA19003

    		$ 19,142


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    ERLBAUM FAMILY FOUNDATION
          		Employer identification number
    23-2962563
    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
    7
    JON ERLBAUM
    44 W LANCASTER AVENUE SUITE 110
     
    ARDMORE, PA19003

    		$ 17,211


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    MARC ERLBAUM
    44 W LANCASTER AVENUE SUITE 110
     
    ARDMORE, PA19003

    		$ 17,212


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    DANIEL ERLBAUM
    44 W LANCASTER AVENUE SUITE 110
     
    ARDMORE, PA19003

    		$ 17,196


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
    JON ERLBAUM
    44 W LANCASTER AVENUE SUITE 110
     
    ARDMORE, PA19003

    		$ 50,482


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    11
    MARC ERLBAUM
    44 W LANCASTER AVENUE SUITE 110
     
    ARDMORE, PA19003

    		$ 50,482


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    12
    DANIEL ERLBAUM
    44 W LANCASTER AVENUE SUITE 110
     
    ARDMORE, PA19003

    		$ 50,495


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    ERLBAUM FAMILY FOUNDATION
          		Employer identification number
    23-2962563
    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
    13
    GARY ERLBAUM
    44 W LANCASTER AVENUE SUITE 110
     
    ARDMORE, PA19003

    		$ 49,275


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    14
    GARY ERLBAUM
    44 W LANCASTER AVENUE SUITE 110
     
    ARDMORE, PA19003

    		$ 75,450


    (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.)
    (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
    ERLBAUM FAMILY FOUNDATION
          		Employer identification number

    23-2962563
    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
    		 3333 SHARES OF DCP MIDSTREAM PARTNERS $ 49,329 2020-11-10
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 3333 SHARES OF DCP MIDSTREAM PARTNERS $ 49,328 2020-11-10
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 3334 SHARES OF DCP MIDSTREAM PARTNERS $ 49,343 2020-11-10
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    4
    		 502 SHARES OF WSFS FINANCIAL CORP $ 19,141 2020-11-10
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    5
    		 502 SHARES OF WSFS FINANCIAL CORP $ 19,141 2020-11-10
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    6
    		 502 SHARES OF WSFS FINANCIAL CORP $ 19,142 2020-11-10
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    ERLBAUM FAMILY FOUNDATION
          		Employer identification number

    23-2962563
    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
    7
    		 1122 SHARES OF GLOBAL PARTNERS LP $ 17,211 2020-11-10
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    8
    		 1122 SHARES OF GLOBAL PARTNERS LP $ 17,212 2020-11-10
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    9
    		 1121 SHARES OF GLOBAL PARTNERS LP $ 17,196 2020-11-10
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    10
    		 3780 SHARES OF INDEPENDENCE REALTY TRUST $ 50,482 2020-11-10
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    11
    		 3780 SHARES OF INDEPENDENCE REALTY TRUST $ 50,482 2020-11-10
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    12
    		 3781 SHARES OF INDEPENDENCE REALTY TRUST $ 50,495 2020-11-10
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    ERLBAUM FAMILY FOUNDATION
          		Employer identification number

    23-2962563
    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
    13
    		 5,000 SHARES OF FEDERAL HOME LOAN MORTGAGE PFD $ 49,275 2020-12-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    14
    		 5,000 SHARES OF OPTION HEALTH CARE INC $ 75,450 2020-12-22
    (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
     
    		$    
    (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
    ERLBAUM FAMILY FOUNDATION
          		Employer identification number

    23-2962563
    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:
    ERLBAUM FAMILY FOUNDATION
    EIN:
    23-2962563
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 7,700 0   0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    ERLBAUM FAMILY FOUNDATION
    EIN:
    23-2962563
    Name of Bond End of Year Book Value End of Year Fair Market Value
    STATE OF ISRAEL 16TH LIBOR FLT RATE DUE 11/1/21 10,000 10,000

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ERLBAUM FAMILY FOUNDATION
    EIN:
    23-2962563
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AM SUPERCONDUCTOR 63,605 4,684
    BANK OF AMERICA CORP 62,469 66,955
    DCP MIDSTREAM 89,668 129,640
    WSFS FINANCIAL CORPORATION 72,524 112,783
    ENBRIDGE INC COM 59,961 32,054
    ENERGY TRANSFER PARTNERS 68,218 50,657
    ENTERPRISE PRODUCTS PARTNERS LP 34,299 62,688
    FEDERAL HOME LOAN MTG CORP 49,275 43,800
    GLOBAL PARTNERS LP 47,203 55,926
    MAGELLAN MIDSTREAM PARTNERS 39,663 42,440
    ENOVA INTERNATIONAL (ON DECK CAPITAL INC ) 73,382 28,808
    OPKO HEALTH INC 992 419
    OPTION HEALTH CARE, INC. 75,450 78,200
    PA R/E INVESTMENT TRUST 135,117 16,125
    PLAINS ALL AMERICAN PIPELINE 51,336 42,469
    REPUBLIC FIRST BANCORP 330,965 114,815
    UNIFI, INC 318,260 236,527
    INDEPENDENT BANK GROUP INC 116,225 152,310
    KINDER MORGAN INC 106,019 74,966
    INDEPENDENT REALTY TRUST 151,459 130,479

    TY 2020 OtherDecreasesSchedule
    Name:
    ERLBAUM FAMILY FOUNDATION
    EIN:
    23-2962563
    Description Amount
    EXCESS OF FAIR VALUE OF ASSETS DONATED OVER DONOR'S BASIS OF ASSETS SOLD 228,919
    BOOK / TAX DIFFERENCES IN INCOME - DCP MIDSTREAM L.P. 18
    BOOK / TAX DIFFERENCES IN INCOME - ENTERPRISE PRODUCTS PARTNERS 11
    BOOK / TAX DIFFERENCES IN INCOME - ENERGY TRANSFER PARTNERS L.P. 29
    BOOK / TAX DIFFERENCES IN INCOME - MAGELLAN MIDSTREAM PARTNERS 9
    BOOK / TAX DIFFERENCES IN INCOME - PLAINS ALL AMERICAN PIPELINE 206
    BOOK / TAX DIFFERENCES IN INCOME - GLOBAL PARTNERS L.P. 7
    BOOK / TAX DIFFERENCES IN INCOME - IRS PENALTIES 18


    TY 2020 OtherExpensesSchedule
    Name:
    ERLBAUM FAMILY FOUNDATION
    EIN:
    23-2962563
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    K-1 ENERGY TRANSFER LP - INTEREST EXPENSE 337 337   0
    INVESTMENT EXPENSES 40 40   0
    INTEREST EXPENSE 18 18   0
    K-1 ENERGY TRANSFER LP - CONTRIBUTIONS 9 9   0
    K-1 GLOBAL PARTNERS LP 4 4   0
    K-1 MAGELLAN MIDSTREAM PARTNERS - CONTRIBUTIONS 4 4   0
    K-1 PLAINS ALL AMERICAN PIPELINE - CONTRIBUTIONS 7 7   0


    TY 2020 OtherIncomeSchedule2
    Name:
    ERLBAUM FAMILY FOUNDATION
    EIN:
    23-2962563
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 DCP MIDSTREM -15,290   -15,290
    K-1 ENERGY TRANSFER LP -8,589   -8,589
    K-1 ENTERPRISE PRODUCTS PARTNERS LP -6,076   -6,076
    K-1 GLOBAL PARTNERS LP -4,041   -4,041
    K-1 MAGELLAN MIDSTREAM PARTNERS LP -3,936   -3,936
    K-1 PLAINS ALL AMERICAN PIPELINE, L.P. -9,779   -9,779


    TY 2020 OtherLiabilitiesSchedule
    Name:
    ERLBAUM FAMILY FOUNDATION
    EIN:
    23-2962563
    Description Beginning of Year - Book Value End of Year - Book Value
    GSC RECOVERY IIA LIQUIDATING TRUST 1,410 1,410


    TY 2020 TaxesSchedule
    Name:
    ERLBAUM FAMILY FOUNDATION
    EIN:
    23-2962563
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 21,238 0   0
    FOREIGN TAXES 736 736   0