Form990-PF
Click to see attachment

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
ALBERT A AND BERTRAM N LINDER
FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)ADEPTUS PARTNERS 244 WEST 54TH ST 9
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10019
A Employer identification number

13-6100590
B Telephone number (see instructions)

(212) 758-8050
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$2,554,942J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 49,705 49,705 49,705
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -5,883
b Gross sales price for all assets on line 6a 1,746,466
7 Capital gain net income (from Part IV, line 2)...  
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 18 18 18
12 Total. Add lines 1 through 11........ 43,840 49,723 49,723
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 1,422 1,280 1,422 142
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 33,561 31,135 33,561 2,426
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,075 1,075 1,075  
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 list of attachments 200 40 200 160
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 36,258 33,530 36,258 2,728
25 Contributions, gifts, grants paid....... 122,500 122,500
26 Total expenses and disbursements. Add lines 24 and 25 158,758 33,530 36,258 125,228
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -114,918
b Net investment income (if negative, enter -0-) 16,193
c Adjusted net income (if negative, enter -0-)... 13,465
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......... 65,050 20,176 20,176
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) 653,665 Click to see attachment505,083 552,325
b Investments—corporate stock (attach schedule)....... 1,027,375 Click to see attachment1,160,807 1,792,661
c Investments—corporate bonds (attach schedule)....... 156,497 Click to see attachment182,804 189,780
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) 1,902,587 1,868,870 2,554,942
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)   Click to see attachment77,116
23 Total liabilities (add lines 17 through 22).........   77,116
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1,005,155 1,005,155
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 897,432 786,599
29 Total net assets or fund balances (see instructions)..... 1,902,587 1,791,754
30 Total liabilities and net assets/fund balances (see instructions). 1,902,587 1,868,870
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,902,587
2
Enter amount from Part I, line 27a .....................
2
-114,918
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
4,085
4
Add lines 1, 2, and 3 ..........................
4
1,791,754
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,791,754
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 423 AG MTG INVT TR INC P 2020-03-13 2020-03-19
b 29 AG MTG INVT TR INC PFD SER B P 2019-09-13 2020-03-23
c 161 AG MTG INVT TR INC C UM P 2019-09-13 2020-03-23
d 318 AGNC INVT CORP P 2020-03-25 2020-03-26
e 767 ALLIANZGI CONV & INCOME P 2020-04-08 2020-05-05
540 ANNALY CAP MGMT P 2020-03-25 2020-12-14
529 ARES CAP CORP P 2020-03-24 2020-03-25
5177 BLACKROCK INCOME TRUST INC P 2019-12-02 2020-04-30
87 BLACKROCK CREDIT ALLOCATION INCOME TR P 2020-02-27 2020-12-14
53 BLACKROCK MUNI INTER DURATION FD INC P 2019-08-05 2020-05-31
239 BLACKROCK MUN 2030 TARGET TERM P 2019-05-21 2020-05-01
250 BLACKSTONE/GSO STRATEGIC CR FD COM P 2019-03-21 2020-03-20
172 BLACKROCK MULTI-SECTOR INCOME P 2019-12-01 2020-03-20
91 BROOKFIELD REAL ASSETS INCOME FD P 2019-12-31 2020-03-30
1028 CHIMERA INVT CORP COM P 2020-04-08 2020-09-30
786 COLONY CAP INC NEW CL A P 2020-08-31 2020-11-16
5 COLONY CAP INC NEW CUM SER E P 2019-06-13 2020-01-10
178 COLONY CAP INC NEW 7.125% P 2019-06-13 2020-03-23
464 DOUBLELINE YIELD OPPORTUNITIES FD P 2020-02-26 2020-05-13
171 DYNEX CAP INC SER C P 2020-02-14 2020-03-23
313 DYNEX CAP INC P 2020-03-26 2020-11-24
378 FEDERAL NATL MTG ASSN PFD SER S P 2020-11-09 2020-11-19
233 FIRST CTZNS BANCSHARES INC P 2020-03-25 2020-05-05
476 GOLUB CAP BDC INC P 2020-03-24 2020-03-25
216 GUGGENHEIM STRATEGIC OPPORTUNITIES FD P 2020-05-06 2020-08-31
63 INVESCO VALUE MUN INCOME TR P 2019-05-21 2020-05-12
32 ISHARES TR IBOXX USD INVT GRADE CORP P 2020-03-12 2020-03-13
255 ISHARES TR SHORT TREAS BD P 2020-03-12 2020-03-30
56 MORGAN STANLEY EMERGING MKTS DOMESTIC P 2019-08-05 2020-04-07
1254 NEW RESIDENTIAL INVT CORP P 2020-04-01 2020-05-21
318 NEW RESIDENTIAL INVT CORP P 2019-08-20 2020-04-22
481 NEW RESIDENTIAL INVT CORP PFD SER C P 2020-02-11 2020-03-23
420 NUVEEN AMT-FREE MUN INCOME P 2020-03-03 2020-05-15
487 NUVEEN DIVID ADVANTAGE MUN P 2020-03-11 2020-07-09
1152 NUVEEN CR STRATEGIES INCOME P 2019-08-22 2020-05-08
19 NUVEEN MTG & INCOME FD P 2020-03-25 2020-04-24
521 PIMCO ENERGY & TACTICAL CR P 2019-12-14 2020-05-12
214 PENNYMAC MTG INVT TR P 2020-04-13 2020-07-29
1407 PIMCO ETF TR ENHANCED SHORT P 2020-01-01 2020-12-31
542 PIMCO DYNAMIC INCOME FD P 2020-01-01 2020-12-31
2732 PROSHARES TR SHORT HIGH YIELD P 2020-01-01 2020-12-31
806 REDWOOD TR INC P 2020-04-13 2020-05-08
313 RIVERNORTH MARKETPLACE LENDING P 2019-07-02 2020-03-09
40 RIVERNORTH/DOUBLELINE STRATEGIC OPPORTUN P 2020-03-24 2020-12-15
267 STARWOOD PPTY TR INC P 2020-04-08 2020-04-16
274 SYNOVUS FINL CORP PREP PFD P 2020-03-25 2020-11-19
57 TEMPLETON EMERGING MKTS INCOME P 2019-08-15 2020-03-20
435 TWO HBRS INVT CORP C P 2020-05-06 2020-05-07
175 UNITED CMNTY BKS INC SER I DEP SHS P 2020-06-04 2020-12-31
271 UNITI GROUP INC P 2020-12-15 2020-12-17
417 VANGUARD SCOTTSDALE FDS P 2020-04-02 2020-04-08
53 VANGUARD MUN BD FDS TAX-EXEMPT P 2020-03-20 2020-03-24
84 AG MTG INVT TR INC P 2017-04-13 2020-03-23
234 BANK AMER CORP DEP SHS PFD P 2017-01-01 2020-12-31
341 BLACKROCK CREDIT ALLOCATION INCOME TR P 2017-01-01 2020-12-31
159 BLACKROCK MUNI INTER DURATION FD INC P 2019-08-06 2020-11-24
546 BLACKROCK MUNIFIELD QUALITY FD III P 2018-01-05 2020-07-09
331 BLACKROCK MUNIFIELD CALIF QUALITY FD P 2018-03-27 2020-07-09
2064 BLACKROCK CORPORATE HIGH YIELD FD P 2017-01-01 2020-12-31
2412 BLACKROCK DEBT STRATEGIES FD INC P 2018-01-01 2020-05-08
1357 BLACKSTONE/GSO STRATEGIC CR FD COM P 2019-01-01 2020-12-31
341 BLACKROCK MULTI-SECTOR INCOME P 2019-01-01 2020-03-20
183 BLACKROCK 2022 GLOBAL INCOME P 2018-09-05 2020-07-31
897 BROOKFIELD REAL ASSETS INCOME FD P 2018-01-01 2020-12-31
128 CHIMERA INVT CORP PFD SER B P 2017-07-07 2020-03-23
227 COLONY CAP INC NEW CUM SER E P 2017-04-13 2020-01-10
323 CREDIT SUISSE ASSET MGMT INCOME P 2018-11-26 2020-07-30
450 DOUBLELINE INCOME SOLUTIONS FD P 2017-01-01 2020-12-31
149 DOUBLELINE OPPORTUNISTIC CR P 2018-05-23 2020-04-29
328 DYNEX CAP INC P 2017-04-13 2020-03-23
743.999 GREAT AJAX CORP P 2017-04-13 2020-03-25
442 ISHARES TR PFD & INC P 2019-02-11 2020-03-23
829 MORGAN STANLEY EMERGING MKTS DOMESTIC P 2018-07-10 2020-04-07
181 MORGAN STANLEY DEP SHS REPSTG P 2018-05-01 2020-08-31
66 NATIONAL GEN HLDGS CORP P 2017-04-13 2020-11-24
276 NEW YORK MTG TR INC SER B P 2017-04-13 2020-03-23
516 NEW YORK MTG TR INC CUM P 2017-04-18 2020-05-06
439 PGIM GLOBAL HIGH YIELD P 2018-05-08 2020-03-20
446 PENNYMAC MTG INVT TR P 2017-04-17 2020-05-15
190 PIMCO ETF TR ENHANCED SHORT P 2019-01-28 2020-04-02
313 TEMPLETON EMERGING MKTS INCOME P 2018-09-07 2020-03-20
337 WESTERN ASSET EMERGING MKTS P 2017-08-23 2020-03-20
1053 RIVERNORTH/DOUBLELINE STRATEGIC OPPORTUN P 2020-09-09 2020-10-07
67 GMAC CAP TR I GTD TR PFD P 2017-04-13 2020-04-22
11 ALIBABA GROUP HLDG P 2020-03-30 2020-05-21
16 AUTODESK INC P 2020-04-21 2020-06-16
135 BERKSHIRE HATHAWAY INC DEL P 2019-08-30 2020-05-14
25 CARRIER GLOBAL CORP P 2020-03-30 2020-04-08
44 CITIGROUP INC COM P 2020-03-30 2020-10-16
39 ENVESTNET INC P 2020-03-30 2020-07-09
204 FIDELITY NATL INFORMATION P 2020-01-13 2020-07-21
105 GOLDMAN SACHS GROUP INC P 2019-07-16 2020-01-08
6 ILLUMINA INC P 2020-03-30 2020-12-16
1822 ISHARES TR 5-10 YR INVET GRADE P 2020-03-30 2020-12-30
559 ISHARES TR SHORT TERM CORP P 2019-10-28 2020-03-18
2187 ISHARES TR PFD & INCOME P 2019-06-03 2020-03-23
58 LULULEMON ATHLETICA INC P 2020-07-01 2020-12-16
581 MATCH GROUP INC P 2019-12-19 2020-07-01
49 MATCH GROUP INC P 2020-01-31 2020-12-18
12.5 OTIS WORLDWIDE CORP P 2020-03-30 2020-04-08
139 PIMCO ETF TR ACTIVE BD P 2019-10-28 2020-03-18
95 SPDR GOLD TR GOLD SHS P 2020-05-13 2020-08-25
700 SCHWAB CHARLES CORP P 2020-05-14 2020-11-11
484 SEA LTD ADR P 2019-11-13 2020-03-17
35 SERVICENOW INC P 2020-03-24 2020-08-24
52 SHOPIFY INC CL A P 2020-04-07 2020-04-21
365 SMARTSHEET INC CL A P 2020-05-22 2020-08-06
109 ALIBABA GROUP HLDG P 2018-10-16 2020-05-21
4 ALPHABET INC P 2014-07-31 2020-12-18
18 APPLE INC P 2014-01-09 2020-08-24
330 BP PLC SPONS ADR P 2017-10-31 2020-03-11
232 CARRIER GLOBAL CORP P 2017-07-27 2020-04-08
409 CITIGROUP INC COM P 2017-06-30 2020-10-16
90 CONSTELLATION BRANDS INC CL A P 2018-02-26 2020-02-28
357 ENVESTNET INC P 2019-02-22 2020-07-09
341 EXXON MOBIL CORP P 2016-11-09 2020-04-01
58 ILLUMINA INC P 2018-04-18 2020-12-16
1069 ISHARES TR SHORT TERM CORP. P 2018-08-14 2020-03-18
39 MICROSOFT CORP P 2015-01-12 2020-12-18
116 OTIS WORLDWIDE CORP P 2017-07-27 2020-04-08
666 PIMCO ETF TR ACTIVE BD P 2017-12-20 2020-03-18
39 REGENERON PHARMACEUTICALS P 2018-12-06 2020-07-01
195 SQUARE INC CL A P 2018-04-18 2020-12-18
527 US BANCORP DEL COM P 2015-11-10 2020-03-13
109 UNITEDHEALTH GROUP INC P 2017-07-31 2020-02-24
695 WEYERHAEUSER CO P 2018-11-26 2020-04-01
100000 NEW YORK NY CITY TRANSITIONAL FIN P 2010-05-19 2020-05-01
14 OCCIDENTAL PETE CORP P 2019-11-13 2020-03-06
16 SYSCO CORP P 2020-03-18 2020-11-17
14 3M CO COM P 2020-02-07 2020-11-10
67 ABBOTT LABS P 2017-11-14 2020-08-27
8 AMGEN INC P 2017-04-24 2020-07-06
17 DOLLAR GEN CORP P 2017-04-24 2020-06-08
34 ILLINOIS TOOL WORKS INC P 2017-11-14 2020-08-17
26 LOWES COS INC P 2017-04-24 2020-10-22
11 MARSH & MCLENNAN COS INC P 2017-04-24 2020-06-08
13 MICROCHIP TECHNOLOGY INC P 2017-04-24 2020-12-15
98 OCCIDENTAL PETE CORP P 2017-04-24 2020-03-06
98 OMNICOM GROUP INC P 2017-04-24 2020-08-07
72 ROYAL DUTCH SHELL PLC SPONSORED ADR P 2017-04-24 2020-03-12
19 SMUCKER JM CO P 2017-04-24 2020-03-24
18 3M CO COM P 2017-04-24 2020-11-10
8 UNITEDHEALTH GROUP INC P 2017-04-24 2020-11-05
6 MSCI INC P 2019-08-14 2020-08-12
2 SERVICENOW INC P 2019-11-18 2020-08-19
7 ALIGN TECHNOLOGY INC P 2017-04-24 2020-08-28
50 AUTOMATIC DATA PROCESSING INC P 2017-04-24 2020-08-14
2 BOOKING HLDGS INC P 2017-11-14 2020-03-23
15 DOLLAR GEN CORP P 2017-04-24 2020-01-09
33 MICROSOFT CORP P 2017-09-05 2020-09-28
81 NESTLE SA SPONSORED REG SHS P 2017-04-24 2020-03-11
52 NIKE INC P 2017-11-14 2020-06-12
23 O REILLY AUTOMOTIVE INC P 2017-07-05 2020-03-25
14 PAYPAL HLDGS INC P 2019-01-07 2020-08-19
26 VISA INC COM P 2017-04-24 2020-03-17
11 ZOETIS INC CL A P 2017-11-13 2020-03-18
1338 PIMCO DYNAMIC CREDIT AND MORTGAGE INCOME P 2020-01-01 2020-12-31
LINES 1 - 11 REPRESENT BOND AMORT.ADJUST P    
Capital Gain Dividends      
(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 1,681   4,624 -2,943
b 127   718 -591
c 840   3,977 -3,137
d 4,183   3,941 242
e 2,906   2,889 17
5,710   5,269 441
5,746   5,129 617
30,939   30,750 189
1,293   1,197 96
693   764 -71
5,435   5,510 -75
2,472   3,638 -1,166
1,832   2,859 -1,027
1,346   1,893 -547
8,486   7,571 915
3,138   2,147 991
125   125  
1,502   3,808 -2,306
9,189   9,182 7
2,735   4,273 -1,538
4,851   3,892 959
3,967   3,485 482
5,704   4,741 963
5,571   5,359 212
3,905   3,282 623
883   925 -42
3,875   3,814 61
28,310   28,315 -5
284   352 -68
11,775   10,054 1,721
4,558   6,923 -2,365
4,033   12,025 -7,992
5,638   6,252 -614
6,878   7,283 -405
5,806   7,833 -2,027
339   293 46
6,180   6,209 -29
2,677   2,163 514
141,130   140,261 869
13,053   11,580 1,473
32,082   32,209 -127
3,287   3,089 198
5,715   5,576 139
554   477 77
3,526   3,479 47
7,343   5,346 1,997
401   532 -131
2,047   1,954 93
4,814   4,375 439
3,151   2,990 161
29,202   29,385 -183
2,666   2,537 129
679   2,052 -1,373
4,523   5,042 -519
4,951   4,174 777
2,286   2,292 -6
6,941   7,333 -392
4,597   4,375 222
21,155   21,829 -674
18,604   26,235 -7,631
13,868   18,685 -4,817
3,852   5,095 -1,243
1,354   1,441 -87
12,457   17,716 -5,259
1,140   3,223 -2,083
5,675   5,995 -320
842   856 -14
6,306   7,210 -904
2,507   2,560 -53
6,114   7,962 -1,848
4,331   4,330 1
11,938   14,627 -2,689
4,182   4,815 -633
5,020   4,628 392
1,660   1,646 14
2,292   6,615 -4,323
5,223   11,535 -6,312
4,417   6,034 -1,617
6,731   10,741 -4,010
19,217   19,099 118
2,203   3,063 -860
3,702   4,769 -1,067
11     11
1,424   1,702 -278
2,344   2,092 252
3,860   2,749 1,111
22,851   27,274 -4,423
351   462 -111
1,913   1,910 3
2,961   2,302 659
29,052   28,572 480
25,074   22,643 2,431
2,116   1,632 484
112,506   100,091 12,415
27,462   29,993 -2,531
57,127   79,581 -22,454
20,467   18,024 2,443
26,991   23,035 3,956
7,561   3,893 3,668
539   646 -107
14,258   15,004 -746
17,140   15,316 1,824
32,596   22,983 9,613
19,902   17,295 2,607
15,383   9,533 5,850
27,733   19,786 7,947
16,657   20,680 -4,023
23,231   16,243 6,988
6,882   2,341 4,541
9,207   1,390 7,817
8,399   13,534 -5,135
3,258   5,142 -1,884
17,779   27,537 -9,758
14,803   19,602 -4,799
27,100   21,851 5,249
12,801   27,414 -14,613
20,457   14,616 5,841
52,517   55,538 -3,021
8,469   1,828 6,641
5,001   7,192 -2,191
68,316   70,524 -2,208
20,807   14,627 6,180
36,018   10,109 25,909
17,817   22,905 -5,088
30,723   20,947 9,776
11,145   17,774 -6,629
100,000   100,000  
389   535 -146
1,195   464 731
2,364   2,237 127
7,156   3,789 3,367
2,046   1,305 741
2,984   1,403 1,581
6,519   4,575 1,944
3,979   2,036 1,943
1,230   801 429
1,832   988 844
2,721   6,550 -3,829
5,199   7,607 -2,408
2,140   4,387 -2,247
1,901   2,354 -453
3,040   3,761 -721
2,635   1,376 1,259
2,146   1,322 824
879   532 347
2,111   1,507 604
6,953   5,708 1,245
2,236   3,812 -1,576
2,296   1,204 1,092
6,902   2,587 4,315
8,531   6,430 2,101
5,115   2,903 2,212
7,408   4,934 2,474
2,702   1,208 1,494
4,106   2,383 1,723
1,084   762 322
27,368   24,634 2,734
    16,712 -16,712
      2,940
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       -2,943
b       -591
c       -3,137
d       242
e       17
      441
      617
      189
      96
      -71
      -75
      -1,166
      -1,027
      -547
      915
      991
       
      -2,306
      7
      -1,538
      959
      482
      963
      212
      623
      -42
      61
      -5
      -68
      1,721
      -2,365
      -7,992
      -614
      -405
      -2,027
      46
      -29
      514
      869
      1,473
      -127
      198
      139
      77
      47
      1,997
      -131
      93
      439
      161
      -183
      129
      -1,373
      -519
      777
      -6
      -392
      222
      -674
      -7,631
      -4,817
      -1,243
      -87
      -5,259
      -2,083
      -320
      -14
      -904
      -53
      -1,848
      1
      -2,689
      -633
      392
      14
      -4,323
      -6,312
      -1,617
      -4,010
      118
      -860
      -1,067
      11
      -278
      252
      1,111
      -4,423
      -111
      3
      659
      480
      2,431
      484
      12,415
      -2,531
      -22,454
      2,443
      3,956
      3,668
      -107
      -746
      1,824
      9,613
      2,607
      5,850
      7,947
      -4,023
      6,988
      4,541
      7,817
      -5,135
      -1,884
      -9,758
      -4,799
      5,249
      -14,613
      5,841
      -3,021
      6,641
      -2,191
      -2,208
      6,180
      25,909
      -5,088
      9,776
      -6,629
       
      -146
      731
      127
      3,367
      741
      1,581
      1,944
      1,943
      429
      844
      -3,829
      -2,408
      -2,247
      -453
      -721
      1,259
      824
      347
      604
      1,245
      -1,576
      1,092
      4,315
      2,101
      2,212
      2,474
      1,494
      1,723
      322
      2,734
      -16,712
       
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 -5,883
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 -3,407
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................................ 1 225
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........................... 3 225
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- ..... 5 225
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
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 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 225
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   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)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletGARY MELAMED Telephone no.bullet (212) 758-8050

    Located atbulletADEPTUS PARTNERS 244 WEST 54TH STNYNY ZIP+4bullet10019
    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
     
    No
    ........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 MELAMED VP & SEC
    0.00     		0    
    2015 SHORE PARKWAY APT 10H
    BROOKLYN,NY11214
    LAWRENCE M GABE PRES & TREAS
    0.00     		0    
    126 BROADWAY
    LAWRENCE,NY11559
    CONSTANCE SISLER Director
    0.00     		0    
    C/O 77-11 156 AVENUE
    HOWARD BEACH,NY11414
    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  
    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.............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
    2,094,649
    b
    Average of monthly cash balances.......................
    1b
    116,241
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,210,890
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,210,890
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    33,163
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,177,727
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    108,886
    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
    108,886
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    225
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    225
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    108,661
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    108,661
    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
    108,661
    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
    125,228
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    125,228
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    125,228
    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 7 108,661
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 10,859
    b From 2016...... 13,548
    c From 2017...... 10,268
    d From 2018...... 14,610
    e From 2019...... 14,410
    fTotal of lines 3a through e........ 63,695
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 125,228
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 108,661
    e Remaining amount distributed out of corpus 16,567
    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 80,262
    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 ..........     		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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		10,859
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		69,403
    10 Analysis of line 9:
    a Excess from 2016.... 13,548
    b Excess from 2017.... 10,268
    c Excess from 2018.... 14,610
    d Excess from 2019.... 14,410
    e Excess from 2020.... 16,567
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    GARY MELAMED
    2015 SHORE PARKWAY APT 10H
    BROOKLYN,NY11214
    (212) 758-8050
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER WITH A COPY OF IRS EXEMPTION APPROVAL
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO GRANTS TO INDIVIDUALS OR FOR SCHOLARSHIPS OR LOANS
    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
    ALZHEIMERS ASSOCIATION
    322 EIGHT AVENUE
    NEW YORK,NY10001     		NON-RELATED PC GENERAL FUND - UNRESTRICTED 7,500
    JEWISH FEDERATION OF NORTHEASTERN P
    601 JEFFERSON AVENUE
    SCRANTON,PA18510     		NON-RELATED PC GENERAL FUND - UNRESTRICTED 5,000
    OHEL CHILDREN'S HOME AND FAMILY SER
    4510 16TH AVENUE
    BROOKLYN,NY11204     		NON-RELATED PC GENERAL FUND - UNRESTRICTED 21,000
    MISSIONARY RETREAT FELLOWSHIP
    74 MISSIONARY ROAD
    JEFFERSON TOWNSHIP,PA18436     		NON-RELATED PC GENERAL FUND - UNRESTRICTED 35,000
    CHEVRA HATZALAH OF ROCKAWAYS AND NA
    621 BEACH 9TH STREET
    FAR ROCKAWAY,NY11691     		NON RELATED PC GENERAL FUND -UNRESTRICTED 5,000
    CHABAD LUBAVITCH OF NORTHERN VIRGIN
    3939 PRINCE WILLIAM DRIVE
    FAIRFAX,VA22031     		NON-RELATED PC GENERAL FUND -UNRESTRICTED 7,500
    JEWISH COMMUNITY HOUSE
    7802 BAY PARKWAY
    BROOKLYN,NY11214     		NON-RELATED PC GENERAL FUND -UNRESTRICTED 27,500
    THE HARVEY SCHOOL
    260 JAY STREET
    KATONAH,NY10536     		NON-RELATED PC GENERAL FUND - UNRESTRICTED 2,500
    CONGREGATION KNESETH
    728 EMPIRE AVENUE
    FAR ROCKAWAY,NY11691     		NON RELATED PC GENERAL FUND - UNRESTRICTED 3,000
    ALL STARS PROJECT INC
    543 WEST 42ND STREET
    NEW YORK,NY10036     		NON RELATED PC GENERAL FUND - UNRESTRICTED 2,500
    TORAH ACADEMY FOR GIRLS
    444 BEACH 6TH STREET
    FAR ROCKAWAY,NY11691     		NON RELATED PC GENERAL FUND - UNRESTRICTED 6,000
    Total .................................bullet 3a 122,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 49,705  
    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.....     14 18  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 10,829 -16,712
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   60,552 -16,712
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    43,840
    (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: 20011551
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    ALBERT A AND BERTRAM N LINDER
     
    FOUNDATION INC
    EIN:
    13-6100590
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    50000 GOLDMAN SACHS GROUP 51,133 57,060
    805 SHS PIMCO ETF TR ACTIVE    
    20000 SHS CAPITAL ONE FINL CORP 19,671 20,612
    10758.886 SHS TCW TOTAL RETURN BOND 112,000 112,108

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ALBERT A AND BERTRAM N LINDER
     
    FOUNDATION INC
    EIN:
    13-6100590
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    424 SHS APPLE INC COM 10,295 56,261
    31 SHS ALPHABET INC CL A (FKA GOOGLE) 20,564 54,332
    113 SHS STARBUCKS CORP 6,703 12,089
    423 SHS MICROSOFT CORP 29,425 94,084
    202 SHS US BANCORP 8,112 9,411
    199 SHS HOME DEPOT INC 28,267 52,858
    395 SHS VERIZON COMMUNICATIONS INC 19,737 23,206
    176 SHS ABBOTT LABS COM 14,244 19,270
    62 SHS ACCENTURE PLC IRELAND CLASS 8,353 16,195
    50 SHS ADOBE SYS INC 9,680 25,006
    38 SHS ADP INC 5,219 6,696
    129 SHS AFLAC INC 5,382 5,737
    21 SHS ALIGN TECHNOLOGY INC 5,263 11,222
    14 SHS ALPHABET INC CAP STK CL C 14,271 24,526
    21 SHS AMAZON COM INC 25,744 68,396
    81 SHS AMERISOURCE BERGEN CORP 7,258 7,919
    65 SHS CHEVRON CORP 6,442 5,489
    130 SHS CVS HEALTH CORP 9,630 8,879
    272 SHS DISNEY WALT CO 30,013 49,281
    88 SHS DOLLAR GEN CORP 8,367 18,506
    409 SHS DYNEX INC PFD SER B 6,103 7,280
    218 SHS FACEBOOK INC CL A 46,741 59,549
    54 SHS GARTNER INC 6,380 8,650
    463 SHS GMAC CAP TR I GTD 11,368 12,524
    20 SHS GRAINGER WW INC 4,550 8,167
    2076 SHS GREAT AJAX CORP 28,154 21,715
    288 SHS JOHNSON & JOHNSON 37,167 45,325
    273 SHS KROGER CO 6,606 8,670
    64 SHS LOWES COS INC 5,793 10,273
    73 SHS MARSH & McLENNAN COS INC 5,782 8,541
    48 SHS MASTERCARD INC CL A 9,247 17,133
    89 SHS MERCK & CO INC 5,302 7,280
    51 SHS MICROCHIP TECH INC 4,252 7,044
    185 SHS NATIONAL GEN HLDGS 4,738 4,690
    58 SHS NIKE INC CL B 3,709 8,205
    538 SHS PENNYMAC MTG INVT TR PFD 8,240 10,291
    78 SHS PHILIP MORRIS INTL INC 7,779 6,458
    68 SHS REGENERON PHARMACEUTICALS 28,053 32,851
    96 SHS ROSS STORES INC 7,427 11,790
    42 SHS SMUCKER JM CO 4,703 4,855
    114 SHS STATE STR CORP 9,682 8,297
    257 SHS UNITED TECHNOLOGIES 16,542 18,378
    59 SHS UNITEDHEALTH GROUP INC 16,179 20,690
    326 SHS VISA INC COM CL A 33,702 71,306
    100 SHS ZOETIS INC CL A 7,821 16,550
    38 SHS AMGEN INC 6,542 8,737
    136 SHS BERKSHIRE HATHAWAY 27,468 31,534
    109 SHS ALIBABA GROUP HLDG LTD 27,685 25,368
    128 SHS ALTRIA GROUP 7,504 5,248
    207 SHS CONAGRA BRANDS INC 7,744 7,506
    21 SHS ILLUMINA INC 6,472 7,770
    285 SHS-SQUARE INC CLA 15,662 62,027
    268 SHS WALMART INC 26,477 38,632
    47 SHS GLOBAL PMTS 6,460 10,125
    232 SHS MATCH GROUP 18,079 35,076
    16 SHS MSCI INC 3,526 7,144
    65 SHS PAYPAL HLDGS 5,890 15,223
    61 SHS SALESFORCE.COM 10,237 13,574
    96 SHS SERVICENOW INC 26,585 52,841
    28 SHS STANLEY BLACK & DECKER 3,682 5,000
    111 SHS UNILEVER NV NEW YORK 6,638 6,700
    865 SHS ADYEN N V ADR 29,966 40,136
    194 SHS AUTODESK INC 32,751 59,236
    439 SHS BLACKSTONE GROUP INC 18,539 28,452
    165 SHS COCA COLA COMPANY 7,519 9,049
    68 FIRST CTZNS BACSHARES INC 26,472 39,050
    9 SHS INTUITIVE SURGICAL INC 6,596 7,363
    285 SHS JPMORGAN CHASE & CO 32,642 36,215
    67 SHS MEDTRONIC PLC SHS 7,279 7,848
    568 SHS NEW RESIDENTIAL INVT PFD 6.375% 10,795 12,059
    138 SHS SEAGEN INC 23,530 24,169
    44 SHS SHERWIN WILLIAMS CO 23,079 32,336
    520 SHS SUNRUN INC 34,001 36,078
    105 SHS SYSCO CORP 5,104 7,797
    844 SHS TWITTER INC 30,210 45,703
    88 SHS VEEVA SYS INC CL A 23,633 23,958
    116 SHS AMERICAN TOWER CORP 23,949 26,037
    303 BRISTOL MYERS SQUIBB 19,102 18,795

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    ALBERT A AND BERTRAM N LINDER
     
    FOUNDATION INC
    EIN:
    13-6100590
    Software ID:
    20011551
    Software Version:
    2020v4.0
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

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


    505,083
    State & Local Government Securities - End of Year Fair Market Value:


    552,325


    TY 2020 LegalFeesSchedule
    Name:
    ALBERT A AND BERTRAM N LINDER
     
    FOUNDATION INC
    EIN:
    13-6100590
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,422 1,280 1,422 142


    TY 2020 OtherExpensesSchedule
    Name:
    ALBERT A AND BERTRAM N LINDER
     
    FOUNDATION INC
    EIN:
    13-6100590
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ALM - FOUNDATION AD 160   160 160
    REORGANIZATION FEES 40 40 40  


    TY 2020 OtherIncomeSchedule2
    Name:
    ALBERT A AND BERTRAM N LINDER
     
    FOUNDATION INC
    EIN:
    13-6100590
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 18 18 18


    TY 2020 OtherIncreasesSchedule
    Name:
    ALBERT A AND BERTRAM N LINDER
     
    FOUNDATION INC
    EIN:
    13-6100590
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    NON TAXABLE DIVIDENDS 4,085


    TY 2020 OtherLiabilitiesSchedule
    Name:
    ALBERT A AND BERTRAM N LINDER
     
    FOUNDATION INC
    EIN:
    13-6100590
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Beginning of Year - Book Value End of Year - Book Value
    UNSETTLED TRANSACTION   77,116


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    ALBERT A AND BERTRAM N LINDER
     
    FOUNDATION INC
    EIN:
    13-6100590
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FAMILY MANAGEMENT - MANAGEMENT FEE 33,561 31,135 33,561 2,426


    TY 2020 TaxesSchedule
    Name:
    ALBERT A AND BERTRAM N LINDER
     
    FOUNDATION INC
    EIN:
    13-6100590
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 1,028 1,028 1,028  
    FOREIGN TAX WITHHELD 47 47 47