Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE BERSTEIN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)31 NORTHWOODS ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RADNOR, PA19087
A Employer identification number

38-7217316
B Telephone number (see instructions)

(610) 212-5329
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$10,209,842J 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) 500,439
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 224,990 224,990  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 254,316
b Gross sales price for all assets on line 6a 6,396,364
7 Capital gain net income (from Part IV, line 2)... 254,316
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 272 272  
12 Total. Add lines 1 through 11........ 980,017 479,578  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 9,313 0   9,313
c Other professional fees (attach schedule).... Click to see attachment 49,918 13,918   36,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,211 3,211   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 62,442 17,129   45,313
25 Contributions, gifts, grants paid....... 1,293,268 1,293,268
26 Total expenses and disbursements. Add lines 24 and 25 1,355,710 17,129   1,338,581
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -375,693
b Net investment income (if negative, enter -0-) 462,449
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............. 196,881 63,157 63,157
2 Savings and temporary cash investments.........      
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) 2,313,204 Click to see attachment512,172 532,964
b Investments—corporate stock (attach schedule)....... 3,313,986 Click to see attachment4,184,489 5,096,972
c Investments—corporate bonds (attach schedule)....... 3,836,794 Click to see attachment4,213,914 4,516,749
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) 9,660,865 8,973,732 10,209,842
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 9,660,865 8,973,732
29 Total net assets or fund balances (see instructions)..... 9,660,865 8,973,732
30 Total liabilities and net assets/fund balances (see instructions). 9,660,865 8,973,732
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
9,660,865
2
Enter amount from Part I, line 27a .....................
2
-375,693
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
9,285,172
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
311,440
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,973,732
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b PUBLICLY TRADED SECURITIES P    
c PUBLICLY TRADED SECURITIES P    
d PUBLICLY TRADED SECURITIES P    
e 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 2,151,710   2,187,228 -35,518
b 259,924   249,838 10,086
c 3,357,587   3,354,474 3,113
d 627,038   350,508 276,530
e 105     105
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       -35,518
b       10,086
c       3,113
d       276,530
e       105
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 2 254,316
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 6,428
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 6,428
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 6,428
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,051
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 6,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 9,551
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 9
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 3,114
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet3,114 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
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
     
    No
    Website addressbulletN/A
    14
    The books are in care ofbulletJEFFREY BERSTEIN Telephone no.bullet (610) 212-5329

    Located atbullet31 NORTHWOODS ROADRADNORPA ZIP+4bullet19087
    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
    JOSEPH H BERSTEIN TRUSTEE
    1.00     		0 0 0
    3500 WEST CHESTER PIKE APT 528
    NEWTOWN SQUARE,PA19073
    JOAN F BERSTEIN TRUSTEE
    1.00     		0 0 0
    3500 WEST CHESTER PIKE APT 528
    NEWTOWN SQUARE,PA19073
    JEFFREY BERSTEIN TRUSTEE
    1.00     		0 0 0
    31 NORTHWOODS ROAD
    RADNOR,PA19087
    DANA BERSTEIN TRUSTEE
    1.00     		0 0 0
    31 NORTHWOODS ROAD
    RADNOR,PA19087
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    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.........................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
    9,592,707
    b
    Average of monthly cash balances.......................
    1b
    177,736
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,770,443
    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
    9,770,443
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    146,557
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,623,886
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    481,194
    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
    481,194
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    6,428
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,428
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    474,766
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    474,766
    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
    474,766
    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
    1,338,581
    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
    1,338,581
    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
    1,338,581
    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 7 474,766
    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......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019...... 251,995
    fTotal of lines 3a through e........ 251,995
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,338,581
    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..... 474,766
    e Remaining amount distributed out of corpus 863,815
    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 1,115,810
    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) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,115,810
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019.... 251,995
    e Excess from 2020.... 863,815
    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).)
    JOSEPH H BERSTEIN
    JOAN F BERSTEIN
    JEFFREY BERSTEIN
    DANA BERSTEIN
    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
    AFTER SCHOOL ACTIVITIES PARTNERSHIP
    1520 LOCUST ST 1104
    PHILADELPHIA,PA19102     		  PC CONTRIBUTION 62,500
    BETHANNA
    1030 SECOND STREET PIKE
    SOUTHAMPTON,PA18966     		  PC CONTRIBUTION 133,468
    CARVER HIGH SCHOOL
    1600 W NORRIS ST
    PHILADELPHIA,PA19121     		  GOV CONTRIBUTION 37,000
    CODED BY KIDS
    3675 MARKET STREET SUITE 200
    PHILADELPHIA,PA19104     		  PC CONTRIBUTION 50,000
    COLLEGE POSSIBLE
    2000 HAMILTON ST 303
    PHILADELPHIA,PA19130     		  PC CONTRIBUTION 125,000
    EDUCATION LAW CENTER
    1800 JOHN F KENNEDY BLVD
    PHILADELPHIA,PA19103     		  PC CONTRIBUTION 5,000
    INNER STRENGTH FOUNDATION (CARVER)
    1600 W NORRIS ST
    PHILADELPHIA,PA19121     		  PC CONTRIBUTION 35,000
    INNER STRENGTH FOUNDATION (LANKENAU)
    201 SPRING LN
    PHILADELPHIA,PA19128     		  PC CONTRIBUTION 25,000
    LANKENAU HIGH SCHOOL
    201 SPRING LN
    PHILADELPHIA,PA19128     		  GOV CONTRIBUTION 42,300
    LASALLE WRITER MATTER PROGRAM
    1900 WEST OLNEY AVENUE
    PHILADELPHIA,PA19141     		  PC CONTRIBUTION 32,500
    OHEV SHOLOM
    2 CHESTER ROAD
    WALLINGFORD,PA19086     		  PC CONTRIBUTION 5,000
    SPRINGBOARD COLLABORATIVE
    1500 JOHN F KENNEDY BLVD
    PHILADELPHIA,PA19102     		  PC CONTRIBUTION 75,000
    STEPPINGSTONE SCHOLARS CARVER
    1301 CECIL B MOORE AVE
    PHILADELPHIA,PA19122     		  PC CONTRIBUTION 20,000
    STEPPINGSTONE SCHOLARS LANKENAU
    1301 CECIL B MOORE AVE
    PHILADELPHIA,PA19122     		  PC CONTRIBUTION 25,000
    TRUSTEES OF THE UNIVERSITY OF PA SWEETS FOUNDATION PENN MED
    3160 CHESTNUT STREET SUITE 200
    PHILADELPHIA,PA19104     		  PC CONTRIBUTION 250,000
    WALTER B SAUL HIGH SCHOOL
    7100 HENRY AVE
    PHILADELPHIA,PA19128     		  GOV CONTRIBUTION 90,500
    NORTHEAST HIGH SCHOOL
    1601 COTTMAN AVE
    PHILADELPHIA,PA19111     		  GOV CONTRIBUTION 25,000
    CENTER FOR BLACK EDUCATOR DEVELOPMENT
    7901 HIDDEN LANE
    ELKINS PARK,PA19027     		  PC CONTRIBUTION 50,000
    TEACH PLUS
    27 WORMWOOD STREET SUITE 410
    BOSTON,MA02210     		  PC CONTRIBUTION 50,000
    TEMPLE SHOLOM
    55 CHURCH LANE
    BROOMALL,PA19008     		  PC CONTRIBUTION 55,000
    SUPPORTIVE SOLUTIONS FOR KIDS
    31 NORTHWOODS ROAD
    RADNOR,PA19087     		  PC CONTRIBUTION 10,000
    GEORGE WASHINGTON HIGH SCHOOL
    10175 BUSLETON AVE
    PHILADELPHIA,PA19116     		  GOV CONTRIBUTION 25,000
    JFCS
    2100 ARCH STRETT
    PHILADELPHIA,PA19103     		  PC CONTRIBUTION 30,000
    SUNDAY LOVE PROJECT
    1904 WALNUT STREET
    PHILADELPHIA,PA19103     		  PC CONTRIBUTION 5,000
    NUTRIONAL DEVELOPMENT SERVICES
    222 NORTH 17TH STREET
    PHILADELPHIA,PA19103     		  PC CONTRIBUTION 5,000
    PUBLIC CITIZENS FOR CHILDREN & YOUTH
    990 SPRING GARDEN STREET UNIT 200
    PHILADELPHIA,PA19123     		  PC CONTRIBUTION 17,000
    PENNSYLVANIA ACADEMY OF THE FINE ARTS
    128 N BROAD STREET
    PHILADELPHIA,PA19102     		  PC CONTRIBUTION 5,000
    MINDING YOUR MIND
    124 SIBLEY AVE
    ARDMORE,PA19003     		  PC CONTRIBUTION 3,000
    Total .................................bullet 3a 1,293,268
    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 ...........     		         
    4 Dividends and interest from securities....     14 224,990  
    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.....     01 272  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 254,316  
    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).. 0 479,578 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    479,578
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    THE BERSTEIN FAMILY FOUNDATION
    EIN:
    38-7217316
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTANT FEES 9,313 0   9,313

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE BERSTEIN FAMILY FOUNDATION
    EIN:
    38-7217316
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ISHARES CORE U.S. AGGREGATE BOND ETF NOT RATED 4,213,914 4,516,749

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE BERSTEIN FAMILY FOUNDATION
    EIN:
    38-7217316
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ENERGY SELECT SECTOR SPDR FUND ETF (XLE) 50,738 63,217
    THE FINANCIAL SELECT SECTOR SPDR FUND (XLF) 49,627 67,450
    VANGUARD INDEX FUNDS - VANGUAR VANGUARD SMALL-CAP ETF (VB) 244,772 309,152
    VANGUARD INDEX FUNDS - VANGUAR SMALL-CAP VALUE ETF (VBR) 122,440 135,384
    VANGUARD REIT INDEX FUND CMN (VNQ) 118,985 116,014
    3M COMPANY CMN (MMM) 27,608 31,462
    ABBOTT LABORATORIES CMN (ABT) 23,508 25,183
    ABBVIE INC CMN (ABBV) 32,882 38,360
    ACTIVISION BLIZZARD, INC CMN (ATVI) 1,790 3,250
    ADOBE INC CMN (ADBE) 10,814 17,004
    ADVANCED MICRO DEVICES, INC. CMN (AMD) 3,348 11,005
    AFLAC INCORPORATED CMN (AFL) 544 667
    AIR PRODUCTS & CHEMICALS INC CMN (APD) 7,801 9,563
    ALIGN TECHNOLOGY, INC CMN (ALGN) 2,265 5,344
    ALPHABET INC. CMN CLASS A (GOOGL) 57,304 80,621
    ALTERYX, INC. CMN CLASS A (AYX) 2,334 2,436
    ALTRIA GROUP, INC. CMN (MO) 5,272 5,125
    AMAZON.COM INC CMN (AMZN) 80,033 123,763
    AMCOR PLC CMN (AMCR) 8,899 9,416
    AMERICAN EXPRESS CO. CMN (AXP) 11,199 12,696
    AMGEN INC. CMN (AMGN) 17,798 19,543
    ANALOG DEVICES, INC. CMN (ADI) 448 739
    ANTHEM, INC. CMN (ANTM) 5,387 6,422
    APACHE CORP. CMN (APA) 1,379 780
    APPLE INC. CMN (AAPL) 70,942 189,083
    APPLIED MATERIALS INC CMN (AMAT) 2,547 5,178
    ARCHER-DANIELS-MIDLAND COMPANY CMN (ADM) 2,174 2,268
    ARES MANAGEMENT CORPORATION CMN CLASS A (ARES) 6,018 7,058
    AT&T INC. CMN (T) 43,781 41,846
    AUTODESK, INC. CMN (ADSK) 1,618 3,053
    BAKER HUGHES CO CMN (BKR) 104 104
    BERKSHIRE HATHAWAY INC. CLASS B (BRKB) 8,582 11,594
    BEST BUY CO INC CMN (BBY) 2,254 2,495
    BLACKROCK, INC. CMN (BLK) 4,624 5,772
    BOEING COMPANY CMN (BA) 10,891 8,562
    BORGWARNER INC. CMN (BWA) 2,014 2,125
    BOSTON SCIENTIFIC CORP. COMMON STOCK (BSX) 177 180
    BRISTOL-MYERS SQUIBB COMPANY CMN (BMY) 14,623 15,197
    BROADCOM INC. CMN (AVGO) 14,930 19,703
    CAMPBELL SOUP CO CMN (CPB) 484 484
    CARDINAL HEALTH, INC. CMN (CAH) 5,101 5,356
    CARNIVAL CORPORATION CMN (CCL) 1,088 1,408
    CARRIER GLOBAL CORPORATION CMN (CARR) 141 377
    CATERPILLAR INC (DELAWARE) CMN (CAT) 9,472 10,921
    CDW CORPORATION CMN (CDW) 1,125 1,318
    CELANESE CORPORATION COMMON STOCK (CE) 1,949 1,949
    CF INDUSTRIES HOLDINGS, INC. CMN (CF) 1,742 1,742
    CHEVRON CORPORATION CMN (CVX) 15,864 12,668
    CHIPOTLE MEXICAN GRILL, INC. CMN (CMG) 2,457 5,547
    CINTAS CORPORATION CMN (CTAS) 1,652 1,767
    CISCO SYSTEMS, INC. CMN (CSCO) 32,406 31,549
    CITIGROUP INC. CMN (C) 6,166 6,166
    CITIZENS FINANCIAL GROUP, INC. CMN (CFG) 9,119 9,119
    CLOROX CO (THE) (DELAWARE) CMN (CLX) 3,029 3,029
    CLOUDFLARE, INC. CMN CLASS A (NET) 529 760
    COCA-COLA COMPANY (THE) CMN (KO) 36,058 35,920
    COMCAST CORPORATION CMN CLASS A VOTING (CMCSA) 15,978 20,436
    CONAGRA BRANDS INC CMN (CAG) 181 181
    CONCHO RESOURCES INC. CMN (CXO) 905 1,167
    CONOCOPHILLIPS CMN (COP) 1,540 2,000
    CONSOLIDATED EDISON INC CMN (ED) 25,386 25,295
    CORNING INCORPORATED CMN (GLW) 6,753 7,200
    CORTEVA, INC. CMN (CTVA) 1,519 1,936
    COUPA SOFTWARE INCORPORATED CMN (COUP) 3,197 3,389
    CREDICORP LTD. CMN (BAP) 820 820
    CROWDSTRIKE HOLDINGS, INC. CMN (CRWD) 633 1,059
    CSX CORPORATION CMN (CSX) 1,747 2,269
    CULLEN FROST BANKERS INC CMN (CFR) 748 872
    CUMMINS INC COMMON STOCK (CMI) 8,056 7,949
    CVS HEALTH CORP CMN (CVS) 15,502 16,392
    DANAHER CORPORATION CMN (DHR) 3,787 5,554
    DARDEN RESTAURANTS, INC. CMN (DRI) 2,315 2,382
    DATADOG, INC. CMN CLASS A (DDOG) 902 984
    DEVON ENERGY CORPORATION (NEW) CMN (DVN) 402 553
    DEXCOM, INC. CMN (DXCM) 4,275 5,546
    DIAMONDBACK ENERGY INC CMN (FANG) 393 726
    DISCOVER FINANCIAL SERVICES CMN (DFS) 2,894 3,169
    DOCUSIGN, INC. CMN (DOCU) 805 3,335
    DOLLAR GENERAL CORPORATION CMN (DG) 1,005 1,052
    DOVER CORPORATION CMN (DOV) 3,697 3,788
    DUKE ENERGY CORPORATION CMN (DUK) 34,816 34,335
    DUPONT DE NEMOURS INC CMN (DD) 4,433 5,689
    DYNATRACE HOLDINGS LLC CMN (DT) 451 433
    EATON VANCE CORP (NON-VTG) CMN (EV) 1,698 1,698
    EBAY INC. CMN (EBAY) 2,220 2,764
    EDWARDS LIFESCIENCES CORPORATI CMN (EW) 1,854 2,281
    ELI LILLY & CO CMN (LLY) 11,615 14,351
    EMERSON ELECTRIC CO. CMN (EMR) 5,722 8,841
    ENTERGY CORPORATION CMN (ETR) 5,724 5,491
    EOG RESOURCES INC CMN (EOG) 2,462 2,494
    ETSY, INC. CMN (ETSY) 2,258 4,448
    EVERBRIDGE, INC. CMN (EVBG) 745 745
    EVERGY, INC. CMN (EVRG) 1,672 1,665
    EXELON CORPORATION CMN (EXC) 1,488 1,478
    EXXON MOBIL CORPORATION CMN (XOM) 18,806 15,458
    FACEBOOK, INC. CMN CLASS A (FB) 45,320 60,095
    FASTENAL COMPANY CMN (FAST) 5,704 6,836
    FASTLY, INC. CMN CLASS A (FSLY) 437 437
    FEDEX CORPORATION CMN (FDX) 1,982 2,596
    FIDELITY NATL INFO SVCS INC CMN (FIS) 6,549 6,366
    FIRST HAWAIIAN, INC. CMN (FHB) 2,005 2,004
    FLOWERS FOODS, INC. CMN (FLO) 4,013 3,847
    FNB CORPORATION (VA) CMN (FNB) 5,131 5,130
    FRANKLIN RESOURCES INC CMN (BEN) 4,914 5,623
    FREEPORT-MCMORAN INC CMN (FCX) 130 130
    GENERAL DYNAMICS CORP. CMN (GD) 8,929 8,929
    GENERAL MILLS INC CMN (GIS) 15,289 15,288
    GENTEX CORP CMN (GNTX) 3,733 3,732
    GENUINE PARTS CO. CMN (GPC) 550 502
    GILEAD SCIENCES CMN (GILD) 13,599 11,361
    GLOBAL BLOOD THERAPEUTICS, INC CMN (GBT) 217 217
    GLOBAL PAYMENTS INC. CMN (GPN) 2,720 3,231
    HALLIBURTON COMPANY CMN (HAL) 65 95
    HARTFORD FINANCIAL SRVCS GROUP CMN (HIG) 399 490
    HESS CORPORATION CMN (HES) 833 1,320
    HEWLETT PACKARD ENTERPRISE CO CMN (HPE) 2,074 2,074
    HILTON WORLDWIDE HOLDINGS INC. CMN (HLT) 2,782 2,782
    HONEYWELL INTL INC CMN (HON) 9,306 12,762
    HUBBELL INCORPORATED CMN (HUBB) 3,116 3,136
    HUBSPOT INC. CMN (HUBS) 3,145 3,964
    HUMANA INC. CMN (HUM) 1,570 2,051
    ILLUMINA, INC CMN (ILMN) 3,277 3,700
    INSULET CORPORATION CMN (PODD) 828 1,278
    INTEL CORPORATION CMN (INTC) 18,717 19,181
    INTERNATIONAL PAPER CO. CMN (IP) 12,687 16,656
    INTERPUBLIC GROUP COS CMN (IPG) 12,633 14,230
    INTL BUSINESS MACHINES CORP CMN (IBM) 34,310 38,393
    INTL.FLAVORS & FRAGRANCE CMN (IFF) 1,249 1,088
    INTUIT INC CMN (INTU) 5,940 7,597
    INTUITIVE SURGICAL, INC. CMN (ISRG) 7,082 8,999
    INVESCO LTD. CMN (IVZ) 2,092 2,092
    IQVIA HOLDINGS INC CMN (IQV) 800 896
    JOHNSON & JOHNSON CMN (JNJ) 35,294 42,493
    JPMORGAN CHASE & CO CMN (JPM) 41,162 47,016
    JUNIPER NETWORKS, INC. CMN (JNPR) 4,212 4,502
    KELLOGG COMPANY CMN (K) 6,998 6,845
    KEURIG DR PEPPER INC CMN (KDP) 320 320
    KEYCORP CMN (KEY) 8,042 8,041
    KLA CORP CMN (KLAC) 3,838 5,178
    L3HARRIS TECHNOLOGIES INC CMN (LHX) 1,730 1,890
    LAM RESEARCH CORPORATION CMN (LRCX) 4,759 9,445
    LANDSTAR SYSTEM INC CMN (LSTR) 8,753 8,753
    LOCKHEED MARTIN CORPORATION CMN (LMT) 24,652 23,074
    LOWES COMPANIES INC CMN (LOW) 11,947 16,051
    LULULEMON ATHLETICA INC. CMN (LULU) 864 1,740
    MARATHON OIL CORPORATION CMN (MRO) 316 467
    MARATHON PETROLEUM CORPORATION CMN (MPC) 2,002 2,482
    MARKETAXESS HOLDINGS INC. CMN (MKTX) 1,035 1,141
    MARRIOTT INTERNATIONAL, INC CMN CLASS A (MAR) 1,979 1,979
    MASTERCARD INCORPORATED CMN CLASS A (MA) 20,160 24,986
    MC DONALDS CORP CMN (MCD) 2,402 2,146
    MERCK & CO., INC. CMN (MRK) 17,699 17,587
    METLIFE, INC. CMN (MET) 470 470
    MGM RESORTS INTERNATIONAL CMN (MGM) 726 1,418
    MICROCHIP TECHNOLOGY INCORPORA CMN (MCHP) 1,233 1,381
    MICRON TECHNOLOGY, INC. CMN (MU) 1,524 2,255
    MICROSOFT CORPORATION CMN (MSFT) 101,049 147,909
    MODERNA, INC. CMN (MRNA) 61 522
    MOODY'S CORPORATION CMN (MCO) 1,451 1,451
    MORGAN STANLEY CMN (MS) 4,797 4,797
    MSC INDUSTRIAL DIRECT CO INC CL-A CLASS A (MSM) 6,106 6,751
    MSCI INC. CMN (MSCI) 2,549 4,465
    NATIONAL INSTRUMENTS CORP CMN (NATI) 1,033 1,318
    NETAPP, INC. CMN (NTAP) 5,550 6,293
    NETFLIX, INC. CMN (NFLX) 13,825 20,548
    NEWMONT CORP CMN (NEM) 2,542 4,192
    NIKE CLASS-B CMN CLASS B (NKE) 9,813 17,684
    NISOURCE INC. CMN (NI) 1,491 1,491
    NORFOLK SOUTHERN CORP CMN (NSC) 1,786 3,564
    NORTONLIFELOCK IN CMN (NLOK) 3,168 3,325
    NORWEGIAN CRUISE LINE HLDG LTD CMN (NCLH) 484 763
    NVIDIA CORPORATION CMN (NVDA) 8,584 29,243
    OCCIDENTAL PETROLEUM CORP CMN (OXY) 927 1,385
    OGE ENERGY CORP (HOLDING CO) CMN (OGE) 14,020 14,018
    OKTA, INC. CMN CLASS A (OKTA) 619 1,271
    OLD REPUBLIC INTL CORP CMN (ORI) 26,803 28,185
    OMNICOM GROUP CMN (OMC) 1,342 1,559
    ONEOK INC CMN (OKE) 5,601 2,687
    OTIS WORLDWIDE CORPORATION CMN (OTIS) 791 1,148
    PARKER-HANNIFIN CORP. CMN (PH) 649 1,362
    PAYCHEX, INC. CMN (PAYX) 11,685 12,113
    PAYPAL HOLDINGS, INC. CMN (PYPL) 8,947 19,907
    PFIZER INC. CMN (PFE) 36,798 39,203
    PHILIP MORRIS INTL INC CMN (PM) 15,410 16,144
    PHILLIPS 66 CMN (PSX) 1,049 1,049
    PINNACLE WEST CAPITAL CORP CMN (PNW) 1,999 1,999
    PINTEREST INC CMN CLASS A (PINS) 1,066 1,318
    PIONEER NATURAL RESOURCES CO CMN (PXD) 1,052 1,708
    PLANET FITNESS, INC. CMN CLASS A (PLNT) 487 776
    PNC FINANCIAL SERVICES GROUP, CMN (PNC) 4,470 4,470
    PPG INDUSTRIES, INC. CMN (PPG) 2,163 2,163
    PRINCIPAL FINANCIAL GROUP, INC CMN (PFG) 7,293 8,682
    PROCTER & GAMBLE COMPANY (THE) CMN (PG) 36,732 40,351
    PRUDENTIAL FINANCIAL INC CMN (PRU) 24,032 30,838
    QUALCOMM INC CMN (QCOM) 9,546 18,281
    QUEST DIAGNOSTICS INCORPORATED CMN (DGX) 3,016 2,979
    QURATE RETAIL INC CMN SERIES A (QRTEA) 1,481 1,481
    RAYTHEON TECHNOLOGIES CORPORAT CMN (RTX) 9,482 12,943
    REPLIGEN CORP CMN (RGEN) 1,350 1,916
    RESMED INC. CMN (RMD) 1,745 2,126
    ROBERT HALF INTERNATIONAL INC. CMN (RHI) 1,562 1,562
    RYDER SYSTEM INC CMN (R) 1,131 1,853
    S&P GLOBAL INC. CMN (SPGI) 1,677 1,644
    SALESFORCE.COM, INC CMN (CRM) 14,681 18,915
    SCHLUMBERGER LTD CMN (SLB) 2,124 2,074
    SERVICENOW INC CMN (NOW) 5,291 11,009
    SKYWORKS SOLUTIONS, INC. CMN (SWKS) 1,076 1,529
    SLACK TECHNOLOGIES, INC. CMN CLASS A (WORK) 540 845
    SMARTSHEET INC. CMN CLASS A (SMAR) 187 346
    SNAP INC. CMN CLASS A (SNAP) 310 501
    SNAP-ON INC CMN (SNA) 6,809 6,846
    SONOCO PRODUCTS CO CMN (SON) 1,576 1,778
    SOUTHERN COPPER CORPORATION CMN (SCCO) 7,394 9,768
    SPLUNK INC CMN (SPLK) 631 849
    SQUARE, INC. CMN CLASS A (SQ) 550 2,176
    STANLEY BLACK & DECKER, INC. CMN (SWK) 1,000 1,786
    STARBUCKS CORP. CMN (SBUX) 6,412 9,093
    STRYKER CORPORATION CMN (SYK) 8,410 9,802
    SUNRUN INC. CMN (RUN) 379 486
    SYSCO CORPORATION CMN (SYY) 3,004 3,713
    T. ROWE PRICE GROUP, INC. CMN (TROW) 4,648 4,542
    TANDEM DIABETES CARE, INC. CMN (TNDM) 515 478
    TARGET CORPORATION CMN (TGT) 5,520 10,592
    TERADYNE INC CMN (TER) 261 599
    TESLA, INC. CMN (TSLA) 2,903 49,397
    TEXAS INSTRUMENTS INC. CMN (TXN) 27,173 31,185
    TFS FINANCIAL CORPORATION CMN (TFSL) 1,191 1,322
    THE BANK OF NY MELLON CORP CMN (BK) 5,942 5,942
    THE HOME DEPOT, INC. CMN (HD) 35,919 41,171
    THE KRAFT HEINZ CO CMN (KHC) 10,791 11,091
    THE PROGRESSIVE CORPORATION CMN (PGR) 33,344 33,619
    THE SOUTHERN CO. CMN (SO) 17,824 18,122
    THE WILLIAMS COMPANIES, INC. CMN (WMB) 1,051 1,303
    THERMO FISHER SCIENTIFIC INC CMN (TMO) 8,126 11,645
    TJX COMPANIES INC (NEW) CMN (TJX) 2,344 3,073
    TRINITY INDUSTRIES INC (DEL) CMN (TRN) 132 132
    TRUIST FINANCIAL CORPORATION CMN (TFC) 19,056 20,131
    TWILIO INC. CMN CLASS A (TWLO) 2,140 3,385
    TWITTER, INC. CMN (TWTR) 1,507 2,166
    UBER TECHNOLOGIES, INC. CMN (UBER) 765 765
    UNION PACIFIC CORP. CMN (UNP) 13,959 17,699
    UNITED PARCEL SERVICE, INC. CLASS B COMMON STOCK 13,227 17,682
    UNITEDHEALTH GROUP INCORPORATE CMN (UNH) 24,141 31,561
    VALERO ENERGY CORPORATION CMN (VLO) 1,450 1,414
    VERIZON COMMUNICATIONS, INC. CMN (VZ) 35,727 35,838
    VIACOMCBS INC CMN CLASS B (VIAC) 717 1,118
    VIRTU FINANCIAL, INC. CMN CLASS A (VIRT) 3,587 4,027
    VISA INC. CMN CLASS A (V) 23,324 28,435
    WALGREENS BOOTS ALLIANCE, INC. CMN (WBA) 10,852 11,166
    WALMART INC CMN (WMT) 2,208 2,883
    WALT DISNEY COMPANY (THE) CMN (DIS) 18,651 23,553
    WATSCO INC. CMN (WSO) 10,985 11,328
    WAYFAIR INC. CMN (W) 1,129 1,129
    WESTERN UNION COMPANY (THE) CMN (WU) 6,293 6,034
    WHIRLPOOL CORP. CMN (WHR) 6,568 6,317
    WILLIAMS-SONOMA, INC. CMN (WSM) 3,055 3,055
    WYNN RESORTS, LIMITED CMN (WYNN) 602 1,128
    ZENDESK, INC. CMN (ZEN) 1,946 2,147
    ZILLOW GROUP INC. CMN CLASS A (ZG) 301 1,359
    ZILLOW GROUP, INC. CMN SERIES C (Z) 603 2,596
    ZIMMER BIOMET HOLDINGS INC (ZBH) 1,226 2,311
    ZOOM VIDEO COMMUNICATIONS INC CMN CLASS A (ZM) 1,687 1,687
    ZSCALER, INC. CMN (ZS) 891 1,997
    AMERICAN HOMES 4 RENT LLC CMN (AMH) 3,028 3,300
    AMERICAN TOWER CORPORATION CMN (AMT) 10,684 11,223
    CROWN CASTLE INTL CORP CMN (CCI) 4,676 5,572
    CYRUSONE INC CMN (CONE) 405 366
    EQUINIX, INC. REIT (EQIX) 5,954 7,856
    EXTRA SPACE STORAGE INC. CMN (EXR) 584 579
    HEALTHPEAK PROPERTIES INC CMN (PEAK) 834 907
    OUTFRONT MEDIA INC CMN (OUT) 85 98
    PROLOGIS INC CMN (PLD) 6,314 7,475
    REALTY INCOME CORPORATION CMN (O) 1,865 1,865
    SBA COMMUNICATIONS CORPORATION CMN (SBAC) 7,482 8,464
    SUN COMMUNITIES, INC CMN (SUI) 4,335 4,559
    VICI PROPERTIES INC CMN (VICI) 893 893
    WELLTOWER INC. CMN (WELL) 2,323 2,585
    VANGUARD FTSE DEVELOPED MKTS CMN ETF (VEA) 1,024,106 1,189,456
    VANGUARD FTSE EMERGING MKTS ETF (VWO) 238,521 293,695
    VANGUARD GLOBAL EX-US REAL ESTATE ETF ETF (VNQI) 125,583 118,233
    ACCENTURE PLC CMN CLASS A (ACN) 12,148 13,061
    ATLASSIAN CORPORATION PLC CMN CLASS A (TEAM) 587 1,169
    COCA-COLA EUROPEAN PARTNERS PL CMN (CCEP) 900 1,246
    EATON CORP PLC CMN (ETN) 10,085 11,413
    GARMIN LTD. CMN (GRMN) 3,517 4,188
    JOHNSON CONTROLS INTERNATIONAL CMN (JCI) 379 466
    LINDE PLC CMN (LIN) 15,922 18,446
    MEDTRONIC PUBLIC LIMITED COMPA CMN (MDT) 20,213 23,428
    MERCADOLIBRE, INC. CMN (MELI) 1,675 1,675
    NVENT ELECTRIC PUBLIC LIMITED COMPANY (NVT) 582 582
    ROYAL CARIBBEAN GROUP ISIN: LR0008862868 (RCL) 3,026 1,867
    SEAGATE TECHNOLOGY PLC CMN (STX) 3,092 4,351
    TE CONNECTIVITY LTD CMN (TEL) 3,925 7,264
    TRANE TECHNOLOGIES PUBLIC LIMI CMN (TT) 413 726

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    THE BERSTEIN FAMILY FOUNDATION
    EIN:
    38-7217316
    US Government Securities - End of Year Book Value:

    512,172
    US Government Securities - End of Year Fair Market Value:

    532,964
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 OtherDecreasesSchedule
    Name:
    THE BERSTEIN FAMILY FOUNDATION
    EIN:
    38-7217316
    Description Amount
    BOOK VALUE ADJUSTMENT 311,440


    TY 2020 OtherIncomeSchedule2
    Name:
    THE BERSTEIN FAMILY FOUNDATION
    EIN:
    38-7217316
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 272 272 272


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE BERSTEIN FAMILY FOUNDATION
    EIN:
    38-7217316
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 13,918 13,918   0
    CONSULTING 36,000 0   36,000


    TY 2020 TaxesSchedule
    Name:
    THE BERSTEIN FAMILY FOUNDATION
    EIN:
    38-7217316
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 3,211 3,211   0