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
SEEDLINGS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)984 MAIN STREET
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BRANFORD, CT06405
A Employer identification number

04-3600502
B Telephone number (see instructions)

(203) 481-5740
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$346,573,848
J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,512 2,512  
4 Dividends and interest from securities... 2,276,801 2,276,801  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 353,762
b Gross sales price for all assets on line 6a 6,367,187
7 Capital gain net income (from Part IV, line 2)... 353,762
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)....... 833 833  
12 Total. Add lines 1 through 11........ 2,633,908 2,633,908  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 186,850 0   186,850
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 54,835 38,385   16,451
c Other professional fees (attach schedule).... 315,681 315,681   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 13,688 2,209   11,469
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 15,347 0   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 493,747 2,040   454,896
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,080,148 358,315   669,666
25 Contributions, gifts, grants paid....... 13,438,428 13,438,428
26 Total expenses and disbursements. Add lines 24 and 25 14,518,576 358,315   14,108,094
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -11,884,668
b Net investment income (if negative, enter -0-) 2,275,593
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 44,539,309 22,909,478 22,909,478
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)....... 116,590,942 Click to see attachment126,286,568 323,634,466
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment47,340 27,707
14 Land, buildings, and equipment: basis bullet4,160
Less: accumulated depreciation (attach schedule) bullet4,160      
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment2,197 Click to see attachment2,197
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 161,130,251 149,245,583 346,573,848
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 161,130,251 149,245,583
29 Total net assets or fund balances (see instructions)..... 161,130,251 149,245,583
30 Total liabilities and net assets/fund balances (see instructions). 161,130,251 149,245,583
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
161,130,251
2
Enter amount from Part I, line 27a .....................
2
-11,884,668
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
149,245,583
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
149,245,583
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 MERRILL LYNCH #02167      
b MERRILL LYNCH #02167      
c MERRILL LYNCH #02167      
d MERRILL LYNCH #02167      
e MERRILL LYNCH #02161      
MERRILL LYNCH #02161      
CAPITAL GAINS DIVIDENDS P    
(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 1,937,705   2,737,175 -799,470
b 38,069     38,069
c 1,773,244   2,008,710 -235,466
d 1,379,138   32,254 1,346,884
e 1,120,059   1,137,718 -17,659
118,011   97,568 20,443
961     961
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       -799,470
b       38,069
c       -235,466
d       1,346,884
e       -17,659
      20,443
      961
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 2 353,762
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 31,631
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 31,631
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 31,631
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 117,843
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 117,843
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
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 86,212
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet86,212 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL, CT
    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 addressbulletHTTP://SEEDLINGSCT.ORG
    14
    The books are in care ofbulletKAREN PRITZKER Telephone no.bullet (203) 481-5740

    Located atbullet984 MAIN STREETBRANFORDCT ZIP+4bullet06405
    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
    KAREN PRITZKER PRESIDENT & DIRECTOR
    10.00
    0 0 0
    235 THIMBLE ISLANDS ROAD
    BRANFORD,CT06405
    JACK ABLIN TREASURER & DIRECTOR
    10.00
    0 0 0
    2335 S OCEAN BOULEVARD A2
    PALM BEACH,FL33480
    LINDA PRITZKER SECRETARY & DIRECTOR
    0.00
    0 0 0
    2120 SOUTH RESERVE STREET PMB126
    MISSOULA,MT59801
    AUDREY RATNER DIRECTOR
    0.00
    0 0 0
    5150 THREE VILLAGE DRIVE
    LYNDHURST,OH44124
    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
    LYNN K WAYMER COMMUNITY RELATIONS
    40.00
    186,850 0 0
    1398 WOODLAND FOREST LANE
    STONE MOUNTAIN,GA20083
    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
    SALLY AND BENNET SHAYWITZ MD LLC CONSULTANT 200,636
    11 CHESTNUT LANE
    WOODBRIDGE,CT06525
    KEITH L MAGEE CONSULTANT 176,052
    PO BOX 51978
    BOSTON,MA02205
    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 SEEDLINGS TEACHER COLLABORATIVE A ONE WEEK WORKSHOP OFFERED IN THE SUMMER WHOSE GOAL IS TO (A)PROMOTE COLLABORATION AMONG PUBLIC AND PRIVATE SCHOOL TEACHERS, (B)CAPTURE THE CREATIVITY OF PROJECT-BASED LEANING, AND (C) MAKE AVAILABLE A BROAD AND EXCITING ARRAY OF RESOURCES IN NEW HAVEN, CT. THE GOAL IS TO PROVIDE THE THEORETICAL FRAMEWORK AND THE PRACTICAL KNOW-HOW TO DESIGN AND IMPLEMENT CURRICULAR UNITS USING PROJECT-BASED LEARNING. EACH YEAR BETWEEN 25 - 30 PRE-SCHOOL TO GRADE 5 TEACHERS ATTEND THE WORKSHOP. 64,921
    2 DYSLEXIA PROGRAM IS TO EDUCATE PEOPLE ABOUT DYSLEXIA. THE GOAL IS TO MAKE THEM AWARE OF THE SIGNS OF A DYSLEXIC PERSON AND THAT THERE IS HELP AVAILABLE. 376,688
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    228,085,917
    b
    Average of monthly cash balances.......................
    1b
    36,483,717
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    264,569,634
    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
    264,569,634
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,968,545
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    260,601,089
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    13,030,054
    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
    13,030,054
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    31,631
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    31,631
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    12,998,423
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    12,998,423
    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
    12,998,423
    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
    14,108,094
    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
    14,108,094
    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
    14,108,094
    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 12,998,423
    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...... 27,105,236
    b From 2016...... 24,841,170
    c From 2017...... 24,240,887
    d From 2018...... 20,121,064
    e From 2019...... 15,088,412
    fTotal of lines 3a through e........ 111,396,769
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 14,108,094
    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..... 12,998,423
    e Remaining amount distributed out of corpus 1,109,671
    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 5 112,506,440
    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) ...
    27,105,236
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    85,401,204
    10 Analysis of line 9:
    a Excess from 2016.... 24,841,170
    b Excess from 2017.... 24,240,887
    c Excess from 2018.... 20,121,064
    d Excess from 2019.... 15,088,412
    e Excess from 2020.... 1,109,671
    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).)
    KAREN PRITZKER
    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
    AMISTAD ACADEMY INC
    403 JAMES STREET
    NEW HAVEN,CT06513
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 275,000
    ANTI DEFAMATION LEAGUE
    1952 WHITNEY AVENUE
    HAMDEN,CT06517
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 50,000
    BOYS & GIRLS CLUB OF NEW HAVEN
    253 COLUMBUS AVE
    NEW HAVEN,CT06519
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 50,000
    BRANFORD FOOD PANTRY INC
    30 HARRISON AVENUE
    BRANFORD,CT06405
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 10,000
    CALVIN HILL DAY CARE CENTER
    150 HIGHLAND STREET
    NEW HAVEN,CT06511
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 25,000
    CARIDAD CENTER
    8645 W BOYNTON BEACH BLVD
    BOYNTON BEACH,FL33472
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 10,000
    CENTRAL CT COAST YMCA
    28 SCHOOL STREET
    BRANFORD,CT06405
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 65,000
    CLIFFORD BEERS CLINIC INC
    93 EDWARDS STREET
    NEW HAVEN,CT06511
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 507,500
    COMMUNITY DINING ROOM INC
    30 HARRISON AVENUE
    BRANFORD,CT06405
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 25,000
    COMMUNITY FOUNDATION FOR GREATER NEW HAVEN
    70 AUDUBON ST 2ND FL
    NEW HAVEN,CT06510
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 250,000
    CONNECTICUT CENTER FOR ARTS & TECHNOLOGY INC
    3190 WHITNEY AVENUE BUILDING 7
    HAMDEN,CT06518
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 215,000
    CONNECTICUT COLLATION AGAINST DOMESTIC VIOLENCE
    912 SILAS DEANE HWY
    WETHERSFIELD,CT06109
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 150,000
    CONNECTICUT NEWS PROJECT INC
    1049 ASYLUM AVENUE 2ND FLOOR
    HARTFORD,CT06105
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 130,000
    CONNECTICUT PLAYERS FOUNDATION (LONG WHARF THEATRE)
    222 SARGENT DRIVE
    NEW HAVEN,CT06511
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 10,000
    CONNECTICUT VOICES FOR CHILDREN
    33 WHITNEY AVENUE
    NEW HAVEN,CT06510
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 125,000
    DISTRICT INNOVATION & VENTURE CENTER INC
    470 JAMES STREET
    NEW HAVEN,CT06513
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 250,000
    FELLOWSHIP AT AUSCHWITZ FOR THE STUDY OF PROFESSIONAL ETHICS INC
    1501 BROADWAY 12 FLOOR
    NEW YORK,NY10036
    N/A PUBLIC HUMANITARIAN/EDUCTIONAL/COMMUNITY 50,000
    FISH OF GREATER NEW HAVEN
    806 CHAPEL ST
    NEW HAVEN,CT06510
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 75,000
    FOCUSING PHILANTHROPY INC (PEER HEALTH EXCHANGE)
    1637 16TH STREET
    SANTA MONICA,CA90404
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 75,000
    FOOTE SCHOOL ASSOCIATION
    50 LOOMIS PLACE
    NEW HAVEN,CT06511
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 210,000
    FOUNDATION FOR THE ARTS & TRAUMA INC
    19 EDWARDS STREET
    NEW HAVEN,CT06511
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 300,000
    FRIENDS CENTER FOR CHILDREN
    227 E GRAND AVE
    NEW HAVEN,CT06513
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 25,000
    FRIENDS OF YALE NEW HAVEN CHILDREN'S HOSPITAL
    PO BOX 1849
    NEW HAVEN,CT06508
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 10,000
    GRAMEEN AMERICA INC
    150 WEST 30TH STREET
    NEW YORK,NY10001
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 600,000
    HAMDEN HALL COUNTRY DAY SCHOOL
    1108 WHITNEY AVENUE
    HAMDEN,CT06517
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 43,490
    HARTFORD FOUNDATION FOR PUBLIC GIVING
    10 COLUMBUS BLVD
    HARTFORD,CT06106
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 500,000
    HOPKINS SCHOOL
    986 FOREST ROAD
    NEW HAVEN,CT06515
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 75,000
    HYATT HOTELS FOUNDATION
    150 N RIVERSIDE PLAZA
    CHICAGO,IL60606
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 100,000
    ILLINOIS INSTITUTE OF TECHNOLOGY
    10 W 35TH STREET SUITE 1700
    CHICAGO,IL60616
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 110,000
    INTERNATIONAL FESTIVAL OF ARTS & IDEAS
    195 CHURCH STREET 12TH FLOOR
    NEW HAVEN,CT06510
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 90,000
    JAZZ AT LINCOLN CENTER
    33 WEST 60TH STREET
    NEW YORK,NY10023
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 125,000
    JEWISH COMMUNITY FEDERATION & ENDOWMENT FUND
    121 STEUART ST
    SAN FRANCESCO,CA94105
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 60,000
    JEWISH FEDERATION OF GREATER NEW HAVEN
    360 AMITY ROAD
    WOODBRIDGE,CT06525
    N/A PUBLIC HUMANITARIAN.EDUCATIONAL/COMMUNITY 350,000
    LEAP-LEADERSHIPEDUCATION & ATHLETICS IN PARTNERSHIP
    31 JEFFERSON STREET
    NEW HAVEN,CT06511
    N/A PUBLIC HUMANITARIAN/EUCATIONAL/COMMUNITY 113,000
    MARY'S CENTER
    2333 ONTARIO RD NW
    WASHINGTON,DC20009
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 5,000
    MICHAEL J FOX FOUNDATION FOR PARKINSON'S RESEARCH
    90 BROAD STREET 10TH FLOOR
    NEW YORK,NY10004
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 300,000
    MY HERO PROJECT INC
    1278 GLENNEYRE 286
    LAGUNA BEACH,CA92561
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 648,918
    NATIONAL FOUNDATION TEACHING ENTREPRENEURSHIP (NFTE)
    152 WEST 57 STREET 52ND FLOOR
    NNEW YORK,NY10019
    N/A PUBLIC HUMANITARIAN/EDUCTIONAL/COMMUNITY 275,000
    NATIONAL NETWORK TO END DOMESTIC VIOLENCE
    1325 MASSACHUSETTS AVE NW 7TH FL
    WASHINGTON,DC20005
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 125,000
    NEIGHBORHOOD HOUSING SERVICES OF NEW HAVEN
    333 SHERMAN AVENUE
    NEW HAVEN,CT06511
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 85,000
    NEW ENGLAND FDN FOR THE ARTS
    1000 WASHINGTON ST 2ND FL
    BOSTON,MA02118
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 20,000
    NEW HAVEN PRESERVATION TRUST
    922 STATE STREET
    NEW HAVEN,CT06511
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 7,000
    NEW HAVEN READS
    45 BRISTOL STREET
    NEW HAVEN,CT06511
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 120,000
    NEW HAVEN SCHOLARSHIP FUND
    PO BOX 8936
    NEW HAVEN,CT06532
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 20,000
    ONLINE JOURNALISM PROJECT INC
    493 CENTRAL AVENUE
    NEW HAVEN,CT06515
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 190,000
    PACER CENTER
    8161 NORMANDALE BLVD
    BLOOMINGTON,MN55437
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 5,000
    PATRONS OF NEW HAVEN FREE PUBLIC LIBRARY
    133 ELM STREET
    NEW HAVEN,CT06510
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 105,000
    PEN AMERICAN CENTER
    588 BROADWAY SUITE 303
    NEW YORK,NY10012
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 30,000
    PRITZKER MILITARY MUSEUM & LIBRARY
    610 NORTH FAIRBANKS COURT 2ND FLOOR
    CHICAGO,IL60611
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 75,000
    READ TO GROW INC
    53 SCHOOL GROUND ROAD UNIT 3
    BRANFORD,CT06405
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 310,000
    RONALD MCDONALD HOUSE
    26345 NETWORK PLACE
    CHICAGO,IL606731263
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 100,000
    SEA TURTLE CONSERVANCY
    4424 NW 13TH ST SUITE B-11
    GAINESVILLE,FL32609
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 25,000
    SERVICE YEAR EXCHANGE INC
    1400 EYE ST NW STE 900
    WASHINGTON,DC20005
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 500,000
    SING FOR HOPE
    575 EIGHTH AVENUE SUITE 1812
    NEW YORK,NY10018
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 10,000
    ST MARTIN DE PORRESS ACADEMY
    208 COLUMBUS AVE
    NEW HAVEN,CT06519
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 5,000
    SYMPHONY SPACE INC
    2537 BROADWAY AT 95TH STREET
    NEW YORK,NY10025
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 5,000
    TEACH FOR ALL INC
    315 WEST 36TH STREET 5TH FLOOR
    NEW YORK,NY10018
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 600,000
    TEACH FOR AMERICA INC (NEW YORK)
    315 WEST 36TH STREET 7TH FLOOR
    NEW YORK,NY10018
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 900,000
    TEMPLE BETH TIKVAH
    PO BOX 1269 196 DURHAM RD
    MADISON,CT06443
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 350,000
    THE CLEVELAND ORCHESTRA
    11001 EUCLID AVENUE
    CLEVELAND,OH44106
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 150,000
    THE GREAT AMERICAN SONGBOOK
    1 CARTER GREEN
    CARMEL,IN46032
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 166,000
    THE RATNER SCHOOL
    27575 SHAKER BOULEVARD
    PEPPER PIKE,OH44124
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 150,000
    THE SHERMAN B NULAND FOUNDATION
    PO BOX 6356
    HAMDEN,CT06517
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 750,000
    THE SMALL THINGS INC
    23 MONTOWESE TRAIL
    WALLINGFORD,CT06492
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 40,000
    THE YOGI BERRA MUSEUM & LEARNING CENTER
    8 QUARRY ROAD
    LITTLE FALLS,NJ07424
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 100,000
    THIRD SECTOR NEW ENGLAND
    89 SOUTH ST STE 700
    BOSTON,MA02111
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 100,000
    TRUTH IN ADVERTISING
    984 MAIN STREET
    BRANFORD,CT06405
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 1,050,000
    UNITED STATES EQUESTRIAN TEAM FOUNDATION
    1040 POTTERSVILLE ROAD
    FAR HILLS,NJ07931
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 100,000
    UNITED WAY OF GREATER NEW HAVEN
    71 ORANGE STREET
    NEW HAVEN,CT06510
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 150,000
    WILLOUGHBY WALLACE MEMORIAL LIBRARY
    146 THIMBLE ISLANDS ROAD
    STONY CREEK,CT06405
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 13,520
    YALE UNIVERSITY DEVELOPMENT-COMMUNITY FOR NH FUND
    157 CHURCH STREET
    NEW HAVEN,CT06510
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 200,000
    YALE UNIVERSITY SCHOOL OF ARCHITECTURE
    157 CHURCH STREET
    NEW HAVEN,CT06510
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 94,000
    YALE UNIVERSITY SCHOOL OF MEDICINE -CTR EMOTIONAL INTELLIGENCE
    157 CHURCH STREET
    NEW HAVEN,CT06510
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 400,000
    YOUTH CONTINUUM
    924 GRAND AVE
    NEW HAVEN,CT06511
    N/A PUBLIC HUMANITARIAN/EDUCATIONAL/COMMUNITY 100,000
    Total .................................bullet 3a 13,438,428
    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 2,512  
    4 Dividends and interest from securities....     14 2,276,801  
    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.....     15 833  
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 353,762  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 2,633,908 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,633,908
    (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
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    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    SEEDLINGS FOUNDATION
    EIN:
    04-3600502
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 54,835 38,385   16,451

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    SEEDLINGS FOUNDATION
    EIN:
    04-3600502
    Name of Stock End of Year Book Value End of Year Fair Market Value
    100PERSONALIS INC 1,900 3,661
    200AIRBNB INC CL A 13,600 29,360
    100ACCOLADE INC 3,850 4,350
    200ADAPTIVE BIOTCHNLGS CORP 6,000 11,826
    100ACUTUS MEDICAL INC REG 1,800 2,881
    100C3 AI INC CL A 4,200 13,875
    100AKOUOS INC REG SHS 1,700 1,983
    100APPLIED MOLECULAR TRANS 1,400 3,077
    100ANNEXON INC REG SHS 1,700 2,503
    200AGORA INC 4,000 7,912
    100ARENA PHARMACEUTICALS 5,000 7,683
    300ACADEMY SPORTS AND 3,900 6,219
    500MISSION PRODUCE INC 6,000 7,525
    100ATLANTICA YIELD PLC 3,300 3,798
    100BILL COM HLDGS INC 7,425 13,650
    200BURNING ROCK BIOTECH LTD 4,225 4,620
    700BENTLEY SYS INC 20,400 28,357
    200BEYONDSPRING INC ORD SHS 2,000 2,440
    100CERTARA INC 2,300 3,372
    100CRISPR THERAPEUTICS AG 7,000 15,311
    600CUREVAC N V 9,600 48,642
    500DADA NEXUS LTD 11,400 18,250
    200DUCK CREEK TECHNOLOGIES 6,800 8,660
    800DUN AND BRADSTREET HLDGS 17,600 19,920
    200DYNATRACE INC REG SHS 5,925 8,654
    1500ELANCO ANIMAL HEALTH INC 45,375 46,005
    100ELASTIC N V 3,600 14,613
    100EVERBRIDGE INC 5,525 14,907
    1004D MOLECULAR 2,300 4,145
    500FISERV INC 56,000 56,930
    200SHIFT 4 PMTS INC 7,150 15,080
    100FOX FACTORY HLDG CORP 7,600 10,571
    100GOODRX HOLDINGS INC REG 3,300 4,034
    200GUARDANT HEALTH INC 3,800 25,776
    101GAMING AND LEISURE 3,668 4,282
    500GENMAB A/S SHS 8,875 20,330
    540GROCERY OUTLET HLDG CORP 16,555 21,195
    100GSX TECHEDU INC SHS 1,400 5,171
    413.9569HCP INC 12,009 14,269
    200I3 VERTICALS INC REG SHS 4,700 6,640
    100INOZYME PHARMA INC REG 1,600 2,064
    300IQIYI INC ADR 5,250 5,244
    200JAMF HLDG CORP 5,800 5,984
    500LESLIES INC 8,500 13,875
    100LIGHTSPEED POS INC REG 3,050 7,039
    300LUFAX HLDG LTD 4,050 4,260
    100MEIRAGTX HLDGS PLC 1,285 1,514
    0.2573MEDICAL PPTYS TR INC 5 6
    100MARAVAI LIFESCIENCES 2,700 2,805
    500INARI MED INC 9,500 43,645
    600NCINO INC REG SHS 22,700 43,446
    100NIO INC 1,700 4,874
    100ONECONNECT FINL TECH CO LTD 1,000 1,971
    100OUTSET MED INC 2,700 5,684
    500OWENS &MINOR INC NEW COM 10,250 13,525
    1700OPTION CARE HEALTH INC 21,250 26,588
    300PINDUODUO INC 37,500 53,301
    400PENN NATL GAMING CORP 15,800 34,548
    100PROGYNY INC 1,300 4,239
    100PMV PHARMACEUTICALS INC 1,800 6,151
    700PURPLE INNOVATION INC 7,800 23,058
    100ULTRAGENYX 9,000 13,843
    200REGENERON PHARMA 103,000 96,622
    100RESIDEO TECHNOLOGIES INC 1,500 2,126
    500ROCKET COMPANIES INC 9,000 10,110
    600RTY PHARMA PLC SHS CL A 18,200 30,030
    200SAFEHOLD INC. 6,200 14,498
    100SQZ BIOTECHNOLOGIES CO 1,600 2,898
    100SVMK INC 1,200 2,555
    200SHOCKWAVE MEDICAL INC. 5,325 20,744
    200TRADEMARK MKTS INC CL A 5,400 12,490
    100TWILIO INC CL A 24,700 33,850
    10010X GENOMICS INC REG 3,900 14,160
    100UNITY SOFTWARE INC 5,200 15,347
    100UPSTART HLDGS INC 2,000 4,075
    200VROOM INC COM 7,650 8,194
    100VERTIV HLDG CO 1,525 1,867
    500CONTEXTLOGIC INC REG SHS 12,000 9,120
    400WARNER MUSIC GROUP CORP 10,000 15,196
    100ADVANCED DRAIN SYS INC 2,975 8,358
    100AQUA AMERICA INC 3,462 4,120
    300YETI HLDGS INC 8,600 20,541
    100Y-MABS THERAPEUTICS INC 2,800 4,951
    50017 ED & TECHNOLOGY 5,250 6,405
    300ZOOMINFO TECHNOLOGIES 7,900 14,469
    100ZOOM VIDEO 3,600 33,732
    134000APPLE INC. 352,299 17,780,460
    485ADOBE SYSTEMS 123,300 242,558
    3944AES CORP 50,393 92,684
    3097ADVANCED MICRO D 85,040 284,026
    200AMERICAN TOWER CORP 49,101 44,892
    225AMAZON.COM INC. 448,326 732,809
    1685ATLANTICA YIELD PLC 40,122 63,996
    480ALIBABA GROUP HOLDING LT 80,618 111,710
    600BAXTER INTERNATIONAL 52,815 48,144
    4000BED BATH & BEYOND INC 87,860 71,040
    200BECTON DICKINSON 50,444 50,044
    887BRISTOL-MYERS SQUIBB CO 49,583 55,021
    887BRISTO-MYERS SQUIBB PARENT 1,889 612
    4411BLACKSTONE GROUP INC COM 157,589 285,877
    700CADENCE DESIGN SYSTEMS INC 48,219 95,501
    986SALESFORCE COM INC 146,255 219,415
    870CROWDSTRIKE HLDGS INC 60,126 184,283
    705QUEST DIAGNOSTICS INC. 70,307 84,015
    1800DICKS SPORTING GOODS INC 100,199 101,178
    1500EBAY INC. 51,387 75,375
    515ENTERGY CORP 50,209 51,418
    600ETSY INC SHS 72,718 106,746
    480FACEBOOK INC-A 80,634 131,117
    1000GUARDANT HEALTH INC 109,358 128,880
    100ALPHABET INC CL A 112,332 175,264
    300HUBSPOT INC 90,190 118,932
    395IAC INTERACTIVECORP 25,560 74,793
    5000INFOSYS TECH LTD 45,185 84,750
    516INPHI CORP 50,047 82,803
    2203ELI LILLY & CO. 239,021 371,955
    1500SOUTHWEST AIRLINES CO 57,530 69,915
    2000MOELIS & COMPANY SHS -A 72,321 93,520
    4423THE MOSAIC COMPANY 50,031 101,773
    6000MEDICAL PPTYS TR INC 99,337 130,740
    2500MARVEL TECHNOLOGY GROUP 49,091 118,850
    852MATCH GROUP INC 52,539 128,814
    1121NEWMONT CORPORATION 70,135 67,137
    2000NIO INC 94,052 97,480
    760SERVICENOW INC 146,063 418,327
    977NETAPP INC 40,101 64,716
    176NVIDIA CORP 50,188 91,907
    270PAYCOM SOFTWARE INC 100,772 122,108
    1700PENN NATL GAMING CORP 102,058 146,829
    2255PROGRESSIVE CRP OHIO 157,451 222,974
    700PROLOGIS INC 50,070 69,762
    1200QUALCOM INC 147,455 182,808
    250RINGCENTRAL INC 59,916 94,743
    150ROPER TECHNOLOGIES INC 46,455 64,664
    0.4RAYTHEON TECHNOLOGIES < EXCHANGE > 35 29
    3000RHYTHM PHARMACEUTICALS 66,411 89,190
    1000SANOFI ADR 42,865 48,590
    350SKYWORKS SOLUTIONS INC. 39,423 53,508
    3900AT&T INC. 117,488 112,164
    500TELADOC HEALTH INC 107,948 99,980
    300THERMO FISHER SCIENTIFIC INC 75,551 139,734
    350TWILIO INC CL A 41,459 118,475
    295UNITEDHEALTH GROUP INC 79,618 103,451
    1104VISA INC 158,273 241,478
    526VMWARE INC 77,951 73,777
    2901VERIZON COMMUNICATIONS 158,050 170,434
    700WALMART INC. 79,157 100,905
    1000ZENDESK INC. 77,314 143,120
    750ZOOM VIDEO 79,565 252,990
    1200ZSCALER INC 67,071 239,652
    426FAIRPOINT COMMUNICATIONS INC. - DELISTED 3,150 0
    2040992APPLE INC. 96,028,413 270,796,541
    200000ADELPHIA COMMUNICATIONS 79,824 0
    29067PROTECTIVE INSURANCE CORP. 741,209 437,749
    155861BALDWIN & LYONS INC CL B 3,790,540 2,136,854
    0.9997FIRST REP BK SAN FRANCISCO 100 147
    17100NORTEL NETWORKS 495,181 17
    10000STARBUCKS CORP. 125,654 1,069,800
    4971ISHARES TR CORE MSCI EAF 308,610 343,446
    4020ISHARES INC CORE MSCI 200,809 249,401
    1980ISHARES NORTH AMERICAN 401,442 692,663
    16522ISHARES CORE S&P 500 ETF 4,650,523 6,202,194
    23476ISHARES DOW JONES US 1,591,662 2,214,256
    3206INVESCO QQQ TR SER 1 592,437 1,005,850
    22228INVESCO S AND P 500 818,435 835,328
    164068ISHARES INC CORE MSCI 10,001,300 10,178,779

    TY 2020 InvestmentsOtherSchedule2
    Name:
    SEEDLINGS FOUNDATION
    EIN:
    04-3600502
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENTS IN LLCS AT COST 47,340 27,707

    TY 2020 OtherAssetsSchedule
    Name:
    SEEDLINGS FOUNDATION
    EIN:
    04-3600502
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSITS IN TRANSIT   206 206
    PRIOR PERIOD ADJUSTMENT-DIVIDENDS PAID IN 2020, REPORTED IN 2019   1,991 1,991


    TY 2020 OtherExpensesSchedule
    Name:
    SEEDLINGS FOUNDATION
    EIN:
    04-3600502
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 2,040 2,040   0
    BUSINESS EXPENSES 1,309 0   0
    CONSULTANT FEES 14,730 0   0
    CONSULTANT FEES FOR DYSLEXIA PROGRAM 376,688 0   376,688
    FRINGE BENEFITS 1,022 0   1,022
    MEMBERSHIP DUES 10,708 0   0
    OFFICE EXPENSE 534 0   0
    PAYROLL FEES 12,265 0   12,265
    SELLING AND MARKETING 9,530 0   0
    TEACHERS COLLABORATIVE 64,921 0   64,921


    TY 2020 OtherIncomeSchedule2
    Name:
    SEEDLINGS FOUNDATION
    EIN:
    04-3600502
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 833 833 833


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    SEEDLINGS FOUNDATION
    EIN:
    04-3600502
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 315,681 315,681   0


    TY 2020 TaxesSchedule
    Name:
    SEEDLINGS FOUNDATION
    EIN:
    04-3600502
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 2,209 2,209   0
    PAYROLL TAXES 11,469 0   11,469
    TAXES- OTHER 10 0   0