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
BENDER FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1150 CONNECTICUT AVENUE NW NO
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20036
A Employer identification number

52-6054193
B Telephone number (see instructions)

(202) 828-9000
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$148,143,840J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 195,199 195,199  
4 Dividends and interest from securities... 2,019,848 2,019,848  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,778,425
b Gross sales price for all assets on line 6a 4,803,771
7 Capital gain net income (from Part IV, line 2)... 1,778,425
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 2,530,655 2,517,283  
12 Total. Add lines 1 through 11........ 6,524,127 6,510,755  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 336,438 151,397   185,041
14 Other employee salaries and wages...... 43,750 4,375   39,375
15 Pension plans, employee benefits....... 141,319 63,594   62,390
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 7,000 3,500   3,500
c Other professional fees (attach schedule).... Click to see attachment 382,433 257,833   69,901
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 40,953 40,289   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 152,941 24,853   140,833
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 132,951 0   50,686
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,237,785 545,841   551,726
25 Contributions, gifts, grants paid....... 6,115,000 6,115,000
26 Total expenses and disbursements. Add lines 24 and 25 7,352,785 545,841   6,666,726
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -828,658
b Net investment income (if negative, enter -0-) 5,964,914
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............. 732,861 140,857 140,857
2 Savings and temporary cash investments......... 4,262,573 2,926,552 2,926,552
3 Accounts receivable bullet42,254
Less: allowance for doubtful accounts bullet   8,839 42,254 42,254
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).....   33,760 33,760
7 Other notes and loans receivable (attach schedule) bullet38,763,905
Less: allowance for doubtful accounts bullet0 41,348,422 38,763,905 38,763,905
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   12,745 12,745
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 45,451,208 Click to see attachment50,904,455 50,904,455
c Investments—corporate bonds (attach schedule)....... 18,990,577 Click to see attachment19,804,110 19,804,110
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 31,169,242 Click to see attachment34,359,867 34,359,867
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1,310,211 Click to see attachment1,155,335 Click to see attachment1,155,335
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 143,273,933 148,143,840 148,143,840
Liabilities 17 Accounts payable and accrued expenses.......... 110,366 262,665
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)......... 110,366 262,665
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 143,163,567 147,881,175
29 Total net assets or fund balances (see instructions)..... 143,163,567 147,881,175
30 Total liabilities and net assets/fund balances (see instructions). 143,273,933 148,143,840
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
143,163,567
2
Enter amount from Part I, line 27a .....................
2
-828,658
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
5,546,266
4
Add lines 1, 2, and 3 ..........................
4
147,881,175
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
147,881,175
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 PARTNERSHIP INVESTMENTS P    
b VONTIER CORP   2006-06-26 2020-10-09
c MERRILL LYNCH # 02038 ST   2019-02-15 2020-12-31
d MERRILL LYNCH # 02038 LT   2017-09-26 2020-12-31
e TEMPUR SEALY INTL   2017-10-19 2020-11-09
MERRILL LYNCH # 02044 ST   2020-01-06 2020-12-31
MERRILL LYNCH # 02044 LT   2016-11-22 2020-12-31
MERRILL LYNCH # 02041 ST   2019-05-19 2020-12-31
MERRILL LYNCH # 02041 LT   2019-05-08 2020-12-31
IBERDROLA SA BILBOA-CASH IN LIEU   2020-02-11 2020-09-24
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     38,879 -38,879
b 13   3 10
c 456,572   462,301 -5,729
d 1,215,059   1,216,839 -1,780
e 38,534   40,121 -1,587
964,405   917,815 46,590
135,786   133,206 2,580
96,870   109,999 -13,129
120,941   106,183 14,758
11     11
1,775,580     1,775,580
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       -38,879
b       10
c       -5,729
d       -1,780
e       -1,587
      46,590
      2,580
      -13,129
      14,758
      11
      1,775,580
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 1,778,425
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 82,912
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 82,912
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 82,912
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 211,534
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 100,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 311,534
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 10 228,622
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet228,622 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)
    bulletDC
    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 .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJULIE BENDER SILVERPRESIDENT Telephone no.bullet (202) 828-9000

    Located atbulletCORPORATE ADDRESSCONNECTICUT AVE NDC ZIP+4bullet20036
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........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). Click to see attachment
    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
    DAVID S BENDER VP/TREASURER/SECRETARY
    10.00     		12,000 0 0
    1150 CONNECTICUT AVENUE NW 900
    WASHINGTON,DC20036
    BARBARA A BENDER VICE PRESIDENT
    5.00     		12,000 49,103 0
    1150 CONNECTICUT AVENUE NW 900
    WASHINGTON,DC20036
    JASON BELINKIE DIRECTOR
    5.00     		117,227 0 0
    1150 CONNECTICUT AVENUE NW 900
    WASHINGTON,DC20036
    JENA RILEY DIRECTOR
    5.00     		2,800 0 0
    1150 CONNECTICUT AVENUE NW 900
    WASHINGTON,DC20036
    JULIE BENDER SILVER PRESIDENT
    40.00     		188,311 44,681 0
    1150 CONNECTICUT AVENUE NW 900
    WASHINGTON,DC20036
    DAVID SILVER DIRECTOR
    5.00     		2,300 0 0
    1150 CONNECTICUT AVENUE NW 900
    WASHINGTON,DC20036
    NIKKI BENDER COLE DIRECTOR
    5.00     		1,800 0 0
    1150 CONNECTICUT AVENUE NW 900
    WASHINGTON,DC20036
    NANETTE BENDER DIRECTOR
    5.00     		0 0 0
    1150 CONNECTICUT AVENUE NW 900
    WASHINGTON,DC20036
    JAKE BENDER DIRECTOR
    5.00     		0 0 0
    1150 CONNECTICUT AVENUE NW 900
    WASHINGTON,DC20036
    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
    INTENTIONAL PHILANTHROPY LLC CONSULTING 66,902
    3 BETHESDA METRO CENTER 960
    BETHESDA,MD20814
    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
    100,336,270
    b
    Average of monthly cash balances.......................
    1b
    4,031,425
    c
    Fair market value of all other assets (see instructions)................
    1c
    41,345,912
    d
    Total (add lines 1a, b, and c).........................
    1d
    145,713,607
    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
    145,713,607
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,185,704
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    143,527,903
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    7,176,395
    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
    7,176,395
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    82,912
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    82,912
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,093,483
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    7,093,483
    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
    7,093,483
    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
    6,666,726
    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
    6,666,726
    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
    6,666,726
    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 7,093,483
    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...... 472,352
    b From 2016...... 224,015
    c From 2017...... 434,978
    d From 2018...... 12,120
    e From 2019...... 38,649
    fTotal of lines 3a through e........ 1,182,114
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 6,666,726
    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..... 6,666,726
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 426,757 426,757
    (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 5 755,357
    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) ...     		45,595
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		709,762
    10 Analysis of line 9:
    a Excess from 2016.... 224,015
    b Excess from 2017.... 434,978
    c Excess from 2018.... 12,120
    d Excess from 2019.... 38,649
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    AJC
    757 SE 17TH ST 969
    FORT LAUDERDALE,FL33316     		  PUBLIC CHARITY DONATION ONLY 10,000
    AMERICAN HEART ASSOCIATION
    7272 GREENVILLE AVE
    DALLAS,TX75231     		  PUBLIC CHARITY HEART BALL 150,000
    AMERICAN HEART ASSOCIATION
    7272 GREENVILLE AVE
    DALLAS,DC75231     		  PUBLIC CHARITY 2020 HEART WALK 64,200
    AMERICAN UNIVERSITY
    4400 MASSACHUSETTS AVE NW
    WASHINGTON,DC20016     		  PUBLIC CHARITY CENTER FOR ATHLETIC PERFORMANCE 300,000
    ANTI-DEFAMATION LEAGUE
    605 THIRD AVENUE
    NEW YORK,NY10158     		  PUBLIC CHARITY CONCERT AGAINST HATE 25,000
    ASHLEY ADDICTION TREATMENT
    800 TYDINGS LANE
    HAVRE DE GRACE,MD21078     		  PUBLIC CHARITY NEW ROOF & OUT OF DATE KITCHEN 250,000
    ATHLETES FOR HOPE
    7900 TYSONS ONE PLACE SUITE 470
    TYSONS CORNER,CO22102     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 100,000
    ATHLETES FOR HOPE
    7900 TYSONS ONE PLACE SUITE 470
    TYSONS CORNER,CO22102     		  PUBLIC CHARITY AFH SUBLEASE GRANT 14,000
    ATHLETES FOR HOPE
    7900 TYSONS ONE PLACE SUITE 470
    TYSONS CORNER,CO22102     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 100,000
    ATHLETES UNITED FOR SOCIAL JUSTICE
    740 15TH ST NW 3RD FLOOR
    WASHINGTON,DC20005     		  PUBLIC CHARITY GRASSROOTS GALA 10,000
    ATHLETES UNITED FOR SOCIAL JUSTICE
    740 15TH ST NW 3RD FLOOR
    WASHINGTON,DC20005     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 100,000
    AUTISM SPEAKS
    1990 K ST NW 18
    WASHINGTON,DC20006     		  PUBLIC CHARITY WALK PALM BEACH 5,000
    BANK OF AMERICA CHARITABLE GIFT FUNDS
    PO BOX 55850
    BOSTON,MA022055850     		  PUBLIC CHARITY DISCRETIONARY FUND 250,000
    BANK OF AMERICA CHARITABLE GIFT FUNDS
    PO BOX 55850
    BOSTON,MA022055850     		  PUBLIC CHARITY DISCRETIONARY FUND 250,000
    BENDER JCC OF GREATER WASHINGTON
    6125 MONTROSE RD
    ROCKVILLE,MD20852     		  PUBLIC CHARITY GRANDPARENTING CENTER PAYMENT 100,000
    BENDER JCC OF GREATER WASHINGTON
    6125 MONTROSE RD
    ROCKVILLE,MD20852     		  PUBLIC CHARITY COVID-19 SUPPORT 100,000
    BENDER JCC OF GREATER WASHINGTON
    6125 MONTROSE RD
    ROCKVILLE,MD20852     		  PUBLIC CHARITY IMAGINE 2020 GALA 20,000
    BENDER JCC OF GREATER WASHINGTON
    6125 MONTROSE RD
    ROCKVILLE,MD20852     		  PUBLIC CHARITY SPORTS HALL OF FAME 2020 1,800
    BENDER JCC OF GREATER WASHINGTON
    6125 MONTROSE RD
    ROCKVILLE,MD20852     		  PUBLIC CHARITY EXECU.SALARY SUPPORT 250,000
    BENDER JCC OF GREATER WASHINGTON
    6125 MONTROSE RD
    ROCKVILLE,MD20852     		  PUBLIC CHARITY EXECU.SALARY SUPPORT 50,000
    BETH EL PRESCHOOL
    8215 OLD GEORGETOWN RD
    BETHESDA,MD20814     		  PUBLIC CHARITY THE BIG EVENT 10,000
    BETHESDA CHEVY-CHASE RESCUE SQUAD
    5020 BATTERY LN
    BETHESDA,DC20814     		  PUBLIC CHARITY STATE OF THE ART RESCUE SQUAD PAYM. 100,000
    CENTER FOR ADOPTION SUPPORT AND EDUCATION
    4000 BLACKBURN LN 260
    BURTONSVILLE,MD20866     		  PUBLIC CHARITY BRANCHING OUT GALA 10,000
    CENTER FOR ADOPTION SUPPORT AND EDUCATION
    4000 BLACKBURN LN 260
    BURTONSVILLE,MD20866     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 30,000
    CENTER FOR INFANT & CHILD LOSS
    737 W LOMBARD ST
    BALTIMORE,MD21201     		  PUBLIC CHARITY 20TH ANNUAL WALK/RUN FOR SIDS 5,000
    CHARLES E SMITH JEWISH DAY SCHOOL
    1901 E JEFFERSON ST
    ROCKVILLE,DC20852     		  PUBLIC CHARITY ATHLETIC DEPT SUPPORT 80,000
    CHARLES E SMITH JEWISH DAY SCHOOL
    1901 E JEFFERSON ST
    ROCKVILLE,NY20852     		  PUBLIC CHARITY 50TH ANNIV. BLDG. OUR FUTURE ENDOWMENT 60,000
    CHILDREN'S HOSPITAL FOUNDATION
    801 ROEDER RD 300
    SILVER SPRING,MD20910     		  PUBLIC CHARITY HEARTSONGS LUNCHEON 20,000
    CHILDREN'S NATIONAL MEDICAL CENTER
    1 INVENTA PLACE 6TH FLOOR
    SILVER SPRING,MD20910     		  PUBLIC CHARITY COVID-19 EMERGENCY ACTION FUND 100,000
    CITY DANCE ESSEMBLE INC
    5301 TUCKERMAN LANE
    NORTH BETHESDA,NY20852     		  PUBLIC CHARITY DREAM SCHOOL FOR DANCE 100,000
    COLLEGE TRACKS
    112 LINDEN ST
    OAKLAND,CA95607     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 50,000
    COLLEGIATE DIRECTIONS INC
    4827 RUGBY AVE 001
    BETHESDA,MD20814     		  PUBLIC CHARITY CDI SCHOLARS PROGRAM 30,000
    COLON CANCER ALLIANCE
    1025 VERMONT AVE NW SUITW1066
    WASHINGTON,DC20005     		  PUBLIC CHARITY GALA DONATION 10,000
    COMMUNITY FOUNDATION MONTGOMERY
    1325 G STREET NW SUITE 480
    WASHINGTON,DC20005     		  PUBLIC CHARITY COVID-19 SUPPORT 15,000
    DC GENERAL KITCHEN
    425 2ND ST NW
    WASHINGTON,DC20001     		    COVID-19 SUPPORT 10,000
    DC SCORES
    1140 CONNECTICUT AVE NW SUITE 1200
    WASHINGTON,DC20036     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 25,000
    EVERYMIND
    1000 TWINBROOK PARKWAY
    ROCKVILLE,MD20851     		    GENERAL OPERATING SUPPORT 50,000
    FAMILY SERVICES INC
    29 N HAMILTON ST
    POUGHKEEPSIE,NY12601     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 100,000
    FUTURE LINK
    15 W GUDE DR
    ROCKVILLE,MD20850     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 50,000
    GIRLS ON THE RUN OF MONTGOMERY COUNTY
    11821 PARKLAWN DR 125
    ROCKVILLE,MD20852     		  PUBLIC CHARITY FINANCIAL AID AND SHOES 25,000
    HEBREW HOME OF GREATER WASHINGTON
    6121 MONTROSE RD
    ROCKVILLE,MD20852     		  PUBLIC CHARITY STARLIGHT GALA 6,000
    HIGHER ACHIEVEMENT
    1750 COLUMBIA ROAD NW
    WASHINGTON,CO20009     		  PUBLIC CHARITY 2020 GOING PLACES GALA 15,000
    HOMELESS CHILDREN'S PLAYTIME PROJECT
    1525 NEWTON ST NW
    WASHINGTON,DC20010     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 75,000
    HOPE AND A HOME
    1236 COLUMBIA ROAD NW
    WASHINGTON,DC20009     		  PUBLIC CHARITY HIGHER EDUCATION FOR ALL PROGRAMS 50,000
    HOPE FOR HENRY
    2440 WISCONSIN AVE NW SUITE201
    WASHINGTON,DC20007     		  PUBLIC CHARITY MORE THAN MEDICINE PAYMENT 75,000
    I SUPPORT THE GIRLS
    PO BOX 2736
    WHEATON,MD20915     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000
    IDENTITY INC
    414 E DIAMOND AVE
    GAITHERSBURG,MD20877     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 75,000
    IMAGINATION STAGE
    4908 AUBURN AVE
    BETHESDA,DC20814     		  PUBLIC CHARITY LEARNING THROUGH THEATRE 60,000
    JEWISH COUNCIL FOR THE AGING
    12320 PARKLAWN DRIVE
    ROCKVILLE,MD20852     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000
    JEWISH FEDERATION OF GREATER WASHINGTON
    6101 EXECUTIVE BLVD 100
    NORTH BETHESDA,MD20852     		  PUBLIC CHARITY COVID-19 SUPPORT 50,000
    JEWISH FOUNDATION FOR GROUP
    1500 E JEFFERSON ST
    ROCKVILLE,MD20852     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    JEWISH FOUNDATION FOR GROUP
    1500 E JEFFERSON ST
    ROCKVILLE,MD20852     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000
    JEWISH FOUNDATION FOR GROUP
    1500 E JEFFERSON ST
    ROCKVILLE,MD20852     		  PUBLIC CHARITY SPRING EVENT DONATION 10,000
    JEWISH SOCIAL SERVICE AGENCY
    6123 MONTROSE ROAD
    ROCKVILLE,MD20852     		  PUBLIC CHARITY COVID-19 SUPPORT 50,000
    JEWISH SOCIAL SERVICE AGENCY
    6123 MONTROSE ROAD
    ROCKVILLE,MD20852     		  PUBLIC CHARITY CHILD MENTAL HEALTH 50,000
    JEWISH WOMEN INTERNATIONAL
    1129 20TH NW SUITE801
    WASHINGTON,VA20036     		  PUBLIC CHARITY YOUNG WOMEN'S LEADERSHIP NETWORK 300,000
    JUNIOR ACHIEVEMENT OF GREATER WASHINGTON
    919 18TH ST NW
    WASHINGTON,DC20006     		  PUBLIC CHARITY DONATION THE WASHINGTON BUSINESS 10,000
    JUVENILE DIABETES FOUNDATION
    6100 ROCKSIDE WOODS BLVD 445
    INDEPENDENCE,OH44131     		  PUBLIC CHARITY HOPE GALA 5,000
    KENNEDY CENTER
    2700 F ST NW
    WASHINGTON,DC20566     		  PUBLIC CHARITY FOR THE PERFORMING ARTS EDUCATION PROGRAM 10,000
    KOA SPORTS LEAGUE INC
    4960 BOILING BROOK PKWY
    NORTH BETHESDA,DC20832     		  PUBLIC CHARITY KOA PREPATORY 25,000
    LEUKEMIA & LYMPHOMA SOCIETY
    3 INTERNATIONAL DRIVE SUITE 200
    RYE BROOK,NY10573     		  PUBLIC CHARITY 2020 BALL DONATION ONLY 10,000
    LEUKEMIA & LYMPHOMA SOCIETY
    3 INTERNATIONAL DRIVE SUITE 200
    RYE BROOK,NY10573     		  PUBLIC CHARITY LIGHT THE NIGHT VIRTUAL WALK DONATION 6,500
    LEVELING THE PLAYING FIELD
    9170 BROOKVILLE RD
    SILVER SPRING,MD20910     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 25,000
    MANNA FOOD CENTER
    12301 OLD COLUMBIA PIKE SUITE 200
    SILVER SPRING,MD20904     		  PUBLIC CHARITY COVID-19 SUPPORT 10,000
    MARATHON KIDS
    PO BOX 41317
    AUSTIN TX,TX78704     		  PUBLIC CHARITY DIGITAL LAP TRACKING PLATFORM 25,000
    MARTHA'S TABLE INC
    2375 ELVANS ROAD SE
    WASHINGTON,DC20020     		  PUBLIC CHARITY COVID-19 SUPPORT 10,000
    MARY CENTER
    344 UNIVERSITY BLVD W
    SILVER SPRING,MD20901     		  PUBLIC CHARITY EMERGENCY MEDICAL CARE & SUPPORT 100,000
    MEDSTAR WASHINGTON HOSPITAL CENTER
    110 IRVING ST NW
    WASHINGTON,DC20010     		  PUBLIC CHARITY MEDSTAR WASH. HOSPITAL CENTER HEART HOSPITAL 250,000
    PEACE OF MIND
    5540 NEVADA AVE NW
    WASHINGTON,DC20015     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 25,000
    POTOMAC COMMUNITY RESOURCES
    9200 KENTSDALE DRIVE
    ROCKVILLE,MD20854     		  PUBLIC CHARITY FITNESS / HEALTH & WELLNESS PROGRAM 30,000
    REACH EDUCATION INC
    10105 REPRISE DR
    ROCKVILLE,MD20850     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 125,000
    SO OTHERS MIGHT EAT
    71 O ST NW
    WASHINGTON,DC20001     		  PUBLIC CHARITY COVID-19 SUPPORT 10,000
    SO WHAT ELSE
    ONE PRESERVE PARKWAY SUITE 150
    ROCKVILLE,MD20852     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 80,000
    SPIRIT CLUB FOUNDATION
    B 10417 METROPOLITAN AVE
    KENSINGTON,MD20895     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 15,000
    STATE OF ISRAEL
    100 RAOUL WALLENBERG PL SW
    WASHINGTON,DC20024     		  PUBLIC CHARITY CONCERT & SDB HMB ENDOWMENT 300,000
    SUBURBAN HOSPITAL FOUNDATION
    8600 OLD GEORGETOWN RD
    BETHESDA,MD20814     		  PUBLIC CHARITY COVID-19 SUPPORT 100,000
    SUBURBAN HOSPITAL FOUNDATION
    8600 OLD GEORGETOWN RD
    BETHESDA,MD20814     		  PUBLIC CHARITY CLINICAL LADDER SUPPORT 100,000
    SUBURBAN HOSPITAL FOUNDATION
    8600 OLD GEORGETOWN RD
    BETHESDA,MD20814     		  PUBLIC CHARITY SONDRA AND HOWARD BENDER EMERGENCY DEPT 250,000
    SUNFLOWER BAKERY
    ADDRESS6101 EXECUTIVE BLVD 115
    NORTH BETHESDA,MD20852     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000
    TEENS RUN DC
    REAR ALLEY 218 9TH ST SE
    WASHINGTON,DC20003     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 25,000
    THE FOXIE G FOUNDATION
    14024 NEW WINDSOR RD 7838
    UNION BRIDGE,MD21791     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 100,000
    THE LITERACY LAB
    1400 16TH ST NW 410
    WASHINGTON,DC20036     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 25,000
    THE NATIONAL THEATRE
    1321 PENNSYLVANIA AVE NW
    WASHINGTON,DC20004     		  PUBLIC CHARITY ANNUAL MEMBERSHIP 1,500
    THE UNIVERSITY OF WISCONSIN FOUNDATION
    1848 UNIVERSITY AVENUE
    MADISON,WI53726     		  PUBLIC CHARITY WASH DC STUDENT SUCCESS FUND 50,000
    TORTURE ABOLITION AND SURVIVORS SUPP
    4121 HAREWOOD ROAD NE SUITE B
    WASHINGTON,VA20017     		  PUBLIC CHARITY BASIC HUMANITARIAN NEEDS 50,000
    UNITED STATES HOLOCAUST MEMORIAL
    4603 CALVERT RD
    COLLEGE PARK,DC20740     		  PUBLIC CHARITY 2020 NATIONAL TRIBUTE DINNER 25,000
    UNIVERSITY OF COLORADO FOUNDATION
    1800 GRANT STREET
    DENVER,CO80203     		  PUBLIC CHARITY JEWISH STUDIES 100,000
    UNIVERSITY OF MARYLAND FOUNDATION
    4603 CALVERT RD
    COLLEGE PARK,DC20740     		  PUBLIC CHARITY TOP TERP IN MEMORY OF HOWARD M. BENDER 11,000
    VANGUARD CHARITABLE FUND
    PO BOX 9509
    WARWICK,RI028899509     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 250,000
    WOLF TRAP FOUNDATION
    1645 TRAP ROAD
    VIENNA,DC22182     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    WINDWARD FUND
    1828 L STREET NW SUITE 300-C
    WASHINGTON,DC20036     		  PUBLIC CHARITY MID-ATLANTIC EMERGENCY FOOD 10,000
    Total .................................bullet 3a 6,115,000
    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 ...........     		    14 195,199  
    4 Dividends and interest from securities....     14 2,019,848  
    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 2,469,284  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,778,425  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aSUBLEASE INCOME     		        48,000
    bDEFERRED TAX ASSET         13,371
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 6,462,756 61,371
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    6,524,127
    (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.)
    11A SUBLEASE OF RENTAL OFFICE
    11B DEFERRED FEDERAL TAXES
    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:
    BENDER FOUNDATION INC
    EIN:
    52-6054193
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 7,000 3,500   3,500

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

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    BENDER FOUNDATION INC
    EIN:
    52-6054193
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    BENDER WEST FOUNDATION
          		4950 S YOSEMITE ST STE F2 503
    GREENWOOD VILLAGE,CO80111     		2017-11-29 17,300,000 CAPITAL ENDOWMENT GRANT WAS MADE TO BENDER WEST FOUNDATION, A PRIVATE FOUNDATION. 823,100 NA VARIOUS DATES THROUGH OUT 2020 2020-12-31 VERIFICATION WAS COMPLETED AND $823,100 WERE MADE TO VARIOUS EXEMPT ORGANIZATIONS.

    TY 2020 ExplnOfNonFilingWithAGStmt
    Name:
    BENDER FOUNDATION INC
    EIN:
    52-6054193
    Statement:
    DISTRICT OF COLUMBIA NO LONGER REQUIRES A COPY OF THE FEDERAL FORM 990PF.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    BENDER FOUNDATION INC
    EIN:
    52-6054193
    Name of Bond End of Year Book Value End of Year Fair Market Value
    HARBOR BOND FUND 6,436,438 6,436,438
    MERRILL LYNCH-DOLAN 3,517,630 3,517,630
    VANGUARD HIGH YIELD CORP 5,528,194 5,528,194
    VANGUARD REIT INDEX 2,984,085 2,984,085
    VANGUARD SHORT-TERM INVESTMENT 1,337,763 1,337,763

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    BENDER FOUNDATION INC
    EIN:
    52-6054193
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FIRST EAGLE FUNDS 4,195,952 4,195,952
    MERRILL LYNCH-PRITSIOS 1,375,767 1,375,767
    TWEEDY BROWNE GLOBAL VALUE 3,563,922 3,563,922
    TWEEDY BROWNE HY DIV 1,634,636 1,634,636
    VANGUARD DIVIDEND GROWTH 3,632,610 3,632,610
    VANGUARD EMERGING MKTS 4,121,852 4,121,852
    VANGUARD EQUITY INCOME FUND 3,351,803 3,351,803
    VANGUARD EUROPEAN STOCK 2,471,924 2,471,924
    VANGUARD INTER TERM INV 5,767,956 5,767,956
    VANGUARD TOTAL STK 9,128,539 9,128,539
    VANGUARD DEV MKTS INDEX 3,000,850 3,000,850
    FORTIVE 614,524 614,524
    YACHTMAN FUND 3,712,825 3,712,825
    VANGUARD - DANAHER CORP 4,331,295 4,331,295

    TY 2020 InvestmentsOtherSchedule2
    Name:
    BENDER FOUNDATION INC
    EIN:
    52-6054193
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALCENTRA FMV 190,391 190,391
    CAPITAL BANK CONVERTIBLE DEBT FMV 2,321,685 2,321,685
    ESCHATON OPPORTUNITY FUND-CAPITAL BANK FMV 2,362,116 2,362,116
    ISRAEL BONDS FMV 750,000 750,000
    MATTHEWS ASIA G&I FMV 2,677,424 2,677,424
    OAKMARK INT'L FMV 2,314,538 2,314,538
    PIMCO TOTAL RETURN FUND FMV 1,780,382 1,780,382
    HILLTOP PLAZA FMV 487,288 487,288
    CAMBER CREEK IV FMV 250,000 250,000
    JBGSMITH PROPERTIES FMV 113,633 113,633
    BLACKSTONE SOLUTIONS 2016 FUND FMV 609,805 609,805
    BAIN CAPITAL FMV 548,070 548,070
    HILLTOP OUTPARCEL LLC FMV 12,712 12,712
    SCHWAB FUND US LARGE FMV 9,306,877 9,306,877
    SEQUOIA FUND FMV 6,580,699 6,580,699
    URBAN EDGE PROPERTIES FMV 46,567 46,567
    VORNADO REALTY LP FMV 265,353 265,353
    BLACKSTONE ALT SOL IV FMV 451,998 451,998
    CARLYLE BUYOUT II FMV 114,483 114,483
    BLUESTONE INVESTMENT PARTNERS II FMV 375,000 375,000
    BLACKSTONE GSO FMV 445,915 445,915
    BLACKSTONE STRATEGIC FMV 98,875 98,875
    OWL ROCK FMV 961,109 961,109
    CHAMBER CREEK FUND III FMV 50,000 50,000
    CAPITAL GROUP INTERNATIONAL FMV 1,119,149 1,119,149
    BCP VIII ACCESS FUND FMV 10,000 10,000
    VONTIER FMV 115,798 115,798

    TY 2020 OtherAssetsSchedule
    Name:
    BENDER FOUNDATION INC
    EIN:
    52-6054193
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    LIFE INSURANCE RECEIVABLE 875,634 913,967 913,967
    PREPAID INCOME TAXES 65,252 228,623 228,623
    DUE FROM SSB 2002 TRUST 356,580 0 0
    SECURITY DEPOSIT 12,745 12,745 12,745


    TY 2020 OtherExpensesSchedule
    Name:
    BENDER FOUNDATION INC
    EIN:
    52-6054193
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRANSPORTATION 16,600 0   16,600
    OFFICE EXPENSE 21,715 0   21,715
    TELEPHONE 7,191 0   7,191
    INSURANCE 5,180 0   5,180
    REPAIRS AND MAINTENANCE 82,265 0   0


    TY 2020 OtherIncomeSchedule2
    Name:
    BENDER FOUNDATION INC
    EIN:
    52-6054193
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    NOTE RECEIVABLE INTEREST 2,465,419 2,465,419 2,465,419
    PARTNERSHIP INVESTMENTS K-1 3,793 3,804 3,793
    MISCELLANEOUS INCOME 72 60 72
    SUBLEASE INCOME 48,000 48,000 48,000
    DEFERRED TAX ASSET 13,371   13,371


    TY 2020 OtherIncreasesSchedule
    Name:
    BENDER FOUNDATION INC
    EIN:
    52-6054193
    Description Amount
    UNREALIZED GAINS ON INVESTMENTS 5,546,266


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    BENDER FOUNDATION INC
    EIN:
    52-6054193
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES K-1 189,947 189,947   0
    CONSULTING FEES 124,600 0   69,901
    INVESTMENT BROKER FEES 67,886 67,886   0


    TY 2020 TaxesSchedule
    Name:
    BENDER FOUNDATION INC
    EIN:
    52-6054193
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 35,547 35,547   0
    FEDERAL EXCISE TAXES 664 0   0
    PARTNERSHIP INVESTMENT FOREIGN TAXES 4,742 4,742   0