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
RICHMAN BROTHERS FOUNDATION
 
% Raymond J Novak
Number and street (or P.O. box number if mail is not delivered to street address)1650 MARKET ST
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA191037301
A Employer identification number

34-6504927
B Telephone number (see instructions)

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$3,202,235
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 0 0 0
4 Dividends and interest from securities... 59,165 59,165 0
5a Gross rents............ 0 0 0
b Net rental income or (loss) 0
6a Net gain or (loss) from sale of assets not on line 10 76,599
b Gross sales price for all assets on line 6a 626,337
7 Capital gain net income (from Part IV, line 2)... 76,599
8 Net short-term capital gain.........  
9 Income modifications........... 0
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0 0
11 Other income (attach schedule)....... 0 0 0
12 Total. Add lines 1 through 11........ 135,764 135,764 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 6,000 3,000 0 3,000
14 Other employee salaries and wages...... 0 0 0 0
15 Pension plans, employee benefits....... 0 0 0 0
16a Legal fees (attach schedule)......... 0 0 0 0
b Accounting fees (attach schedule)....... 3,000 0 0 3,000
c Other professional fees (attach schedule).... 25,865 25,865 0 0
17 Interest............... 0 0 0 0
18 Taxes (attach schedule) (see instructions)... 1,762 955 0 0
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy.............. 0 0 0 0
21 Travel, conferences, and meetings....... 0 0 0 0
22 Printing and publications.......... 0 0 0 0
23 Other expenses (attach schedule)....... 1,050 0 0 1,050
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 37,677 29,820 0 7,050
25 Contributions, gifts, grants paid....... 143,040 143,040
26 Total expenses and disbursements. Add lines 24 and 25 180,717 29,820 0 150,090
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -44,953
b Net investment income (if negative, enter -0-) 105,944
c Adjusted net income (if negative, enter -0-)... 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............. 75,851 37,413 37,413
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet1,471
Less: allowance for doubtful accounts bullet   1,389 1,471 1,471
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)..... 0 0  
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet   0 0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)   0  
b Investments—corporate stock (attach schedule).......   0  
c Investments—corporate bonds (attach schedule).......   0  
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,115,485 Click to see attachment2,109,667 3,163,351
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,192,725 2,148,551 3,202,235
Liabilities 17 Accounts payable and accrued expenses.......... 0 0
18 Grants payable................. 0 0
19 Deferred revenue................. 0 0
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment0
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........ 2,192,725 2,148,551
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,192,725 2,148,551
30 Total liabilities and net assets/fund balances (see instructions). 2,192,725 2,148,551
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,192,725
2
Enter amount from Part I, line 27a .....................
2
-44,953
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
779
4
Add lines 1, 2, and 3 ..........................
4
2,148,551
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
2,148,551
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 Public Traded Securities      
b
c
d
e
(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 626,337   549,738 76,599
b
c
d
e
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       76,599
b
c
d
e
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 76,599
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 1,473
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 1,473
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,473
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,883
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 0 7 1,883
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 410
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet410 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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 changesClick to see attachment....
3
Yes
 
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)
    bulletOH
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletNA
    14
    The books are in care ofbulletTHE GLENMEDE TRUST COMPANY NA Telephone no.bullet (215) 419-6000

    Located atbullet1650 MARKET STPHILADELPHIAPA ZIP+4bullet191037301
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    RAYMOND J NOVAKClick to see attachment PRESIDENT
    2.00
    4,000 0 0
    PO BOX 657
    CHAGRIN FALLS,OH44022
    JAMES MOOREClick to see attachment TREASURER SECRETARY
    2.00
    2,000 0 0
    PO BO 657
    CHAGRIN FALLS,OH44022
    GARY HRIBARClick to see attachment TRUSTEE
    0
    0 0 0
    PO BOX 657
    CHAGRIN FALLS,OH44022
    RAYMOND MARVARClick to see attachment TRUSTEE
    0
    0 0 0
    PO BOX 457
    CHAGRIN FALLS,OH44022
    JOHN KRAUSEClick to see attachment TRUSTEE
    0
    0 0 0
    PO BOX 457
    CHAGRIN FALLS,OH44022
    JOHN MARVARClick to see attachment TRUSTEE
    0
    0 0 0
    PO BOX 457
    CHAGRIN FALLS,OH44022
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NONE  
    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
    2,816,447
    b
    Average of monthly cash balances.......................
    1b
    82,852
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,899,299
    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
    2,899,299
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    43,489
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,855,810
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    142,791
    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
    142,791
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,473
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    0
    c
    Add lines 2a and 2b............................
    2c
    1,473
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    141,318
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    141,318
    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
    141,318
    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
    150,090
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    150,090
    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
    150,090
    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 7 141,318
    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...... 0
    b From 2016...... 0
    c From 2017...... 5,221
    d From 2018...... 8,158
    e From 2019...... 4,866
    fTotal of lines 3a through e........ 18,245
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 150,090
    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..... 141,318
    e Remaining amount distributed out of corpus 8,772
    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 27,017
    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 ......
    27,017
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 5,221
    c Excess from 2018.... 8,158
    d Excess from 2019.... 4,866
    e Excess from 2020.... 8,772
    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).)
    NA
    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.
    NA
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    RICHMAN BROTHERS FOUNDATION
    PO BOX 657
    CHAGRIN FALLS,OH44022
    (216) 247-5426
    bThe form in which applications should be submitted and information and materials they should include:
    ORGANIZATIONS SUBMIT LETTER STATING NAME, ADDRESS, EXEMPT STATUS PURPOSE.
    cAny submission deadlines:
    NOVEMBER 25
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    PREFERRENCE IS GIVEN TO PENSIONERS OF RICHMAN BROTHERS COMPANY OR THEIR SURVIVING SPOUSES, AND TO CHARITABLE ORGANIZATIONS OPERATING IN CLEVELAND OHIO
    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
    ANNA BUTTS
    PO BOX 2
    SULLIVAN,KY42460
    No Relationship I FOR THE NEEDY ELDERLY OF FORMER EMPLOYEE OF RICHMAN BROTHERS COMPANY 3,190
    CARRIE DOKES
    3607 E 139TH ST
    CLEVELAND,OH44120
    No Relationship I FOR THE NEEDY ELDERLY OF FORMER EMPLOYEE OF RICHMAN BROTHERS CO 1,820
    PAULETTE HOUSTON
    2622 N MORELAND BLVD
    CLEVELAND,OH44120
    No Relationship I FOR THE NEEDY ELDERLY OF FORMER EMPLOYEE OF RICHMAN BROTHERS COMPANY 1,820
    MARY KOZIARSKI
    1570 LESLIE DR
    STREETSBORO,OH44241
    No Relationship I FOR THE NEEDY ELDERLY OF FORMER EMPLOYEE OF RICHMAN BROTHERS COMPANY 1,820
    EVA NEAL
    130 WAYLAND CT
    SOUTH MILL,NC27976
    No Relationship I FOR THE NEEDY ELDERLY OF FORMER EMPLOYEE OF RICHMAN BROTHERS COMPANY 1,820
    YOLANDA POLIZZI
    10614 GRANGER RD 115
    GARFIELD HEIGHTS,OH44125
    No Relationship I FOR THE NEEDY ELDERLY OF FORMER EMPLOYEE OF RICHMAN BROTHERS COMPANY 1,820
    BARBARA ROSLAN
    9521 DAVID RD
    CLEVELAND,OH44125
    No Relationship I FOR THE NEEDY ELDERLY OF FORMER EMPLOYEE OF RICHMAN BROTHERS COMPANY 2,000
    BONNIE ROBERTS
    4320 36TH AVE
    MERIDIAN,MS39305
    No Relationship I FOR THE NEEDY ELDERLY OF FORMER EMPLOYEE OF RICHMAN BROTHERS COMPANY 2,750
    APPLEWOOD CENTER INC
    3518 W 25TH ST
    CLEVELAND,OH44109
    No Relationship PC GENERAL PURPOSE 4,000
    BOYS HOPE GIRLS HOPE OF NE OHIO
    9619 GARFIELD BLVD
    CLEVELAND,OH44125
    No Relationship PC GENERAL PURPOSE 10,000
    EASTER SEAL SOCIETY OF NE OHIO
    155 KEN MAR INDUSTRIAL PKWY
    BROADVIEW HEIGHTS,OH44147
    No Relationship PC GENERAL PURPOSE 4,000
    FAMILY PROMISE OF NE OHIO
    3470 E152ND ST
    CLEVELAND,OH44120
    No Relationship PC GENERAL PURPOSE 3,000
    FIRST TEE OF AKRON
    2000 S HAWKINS ST
    AKRON,OH44314
    No Relationship PC GENERAL PURPOSE 3,000
    FREE CLINIC OF GREATER CLEVELAND
    12201 EUCLID AVE
    CLEVELAND,OH44106
    No Relationship PC GENERAL PURPOSE 10,000
    HANNA PERKINS CENTER
    19910 MALVERN RD
    SHAKER HEIGHTS,OH44122
    No Relationship PC GENERAL PURPOSE 5,000
    HOLY FAMILY CANCER HOME
    6707 STATE RD
    PARMA,OH44136
    No Relationship PC GENERAL PURPOSE 5,000
    INNER CITY TENNIS CLINICS
    1437 NEWMAN AVE 301
    LAKEWOOD,OH44107
    No Relationship PC GENERAL PURPOSE 8,000
    JOSEPH HOUSE OF CLEVELAND
    6108 ST CLAIR AVE
    CLEVELAND,OH44103
    No Relationship PC GENERAL PURPOSE 3,000
    LUTHERAN MINISTRY
    4515 SUPERIOR AVE
    CLEVELAND,OH44103
    No Relationship PC GENERAL PURPOSE 4,000
    MALACHI HOUSE
    2810 CLINTON AVE
    CLEVELAND,OH44113
    No Relationship PC GENERAL PURPOSE 5,000
    NORTH COAST HEALTH MINISTRY
    16110 DETROIT AVE
    LAKEWOOD,OH44107
    No Relationship PC GENERAL PURPOSE 10,000
    PARTNERSHIP SCHOOLS
    1404 EAST 9TH ST
    CLEVELAND,OH44114
    No Relationship PC GENERAL PURPOSE 10,000
    ST MARTIN DE PORRES HIGH SCHOOL
    6202 ST CLAIR AVE
    CLEVELAND,OH44103
    No Relationship PC GENERAL PURPOSE 10,000
    ST VITUS ENDOWMENT TRUST
    6019 LAUSCHE AVE
    CLEVELAND,OH44103
    No Relationship PC GENERAL PURPOSE 10,000
    SLOVENIAN MUSEUM AND ARCHIVES
    6407 ST CLAIR AVE
    CLEVELAND,OH44103
    No Relationship PC GENERAL PURPOSE 5,000
    SENIOR CITIZENS RESOURCES
    3100 DEVONSHIRE RD
    CLEVELAND,OH44109
    No Relationship PC GENERAL PURPOSE 3,000
    THE TURN
    5840 CANTEBURY RD
    NORTH OLMSTED,OH44070
    No Relationship PC GENERAL PURPOSE 4,000
    THE LYCEUM
    1556 S GREEN RD
    SOUTH EUCLID,OH44121
    No Relationship PC GENRAL PURPOSE 10,000
    Total .................................bullet 3a 143,040
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a     0   0 0
    b     0   0 0
    c     0   0 0
    d     0   0 0
    e     0   0 0
    f     0   0 0
        0   0 0
    gFees and contracts from government agencies          
    2 Membership dues and assessments....   0   0 0
    3 Interest on savings and temporary cash
    investments ...........
      0   0 0
    4 Dividends and interest from securities....   0 14 59,165 0
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......   0   0 0
    bNot debt-financed property.....   0   0 0
    6 Net rental income or (loss) from personal property   0   0 0
    7 Other investment income.....   0   0 0
    8 Gain or (loss) from sales of assets other than
    inventory ............
      0 18 76,599 0
    9 Net income or (loss) from special events:   0   0 0
    10 Gross profit or (loss) from sales of inventory   0   0 0
    11 Other revenue:
    a  
      0   0 0
    b     0   0 0
    c     0   0 0
    d     0   0 0
    e     0   0 0
    12 Subtotal. Add columns (b), (d), and (e).. 0 135,764 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    135,764
    (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: 20012075
    Software Version: V1.0
    Part VI Line 7 - Tax Paid with the Original Return: 0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    RICHMAN BROTHERS FOUNDATION
    EIN:
    34-6504927
    Software ID:
    20012075
    Software Version:
    V1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE 3,000 0 0 3,000

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

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    RICHMAN BROTHERS FOUNDATION
    EIN:
    34-6504927
    Software ID:
    20012075
    Software Version:
    V1.0
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    203 VIACOMCBS INC 2020-01 Purchase 2020-02   5,157 8,097   0   0
    251 MATTHEWS JAPAN FUND INST 2019-12 Purchase 2020-04   4,820 5,426   0   0
    1920 MATTHEWS PACIFIC TIGER FUND 2020-01 Purchase 2020-04   45,999 52,756   0   0
    6 TWEEDY BROWNE GLOBAL VALUE 2020-01 Purchase 2020-04   147 180   0   0
    16 CARTERS INC 2019-09 Purchase 2020-05   1,318 1,455   0   0
    29 CVS CORP 2020-01 Purchase 2020-09   1,779 1,833   0   0
    15 CHEVRON CORP 2019-10 Purchase 2020-09   1,248 1,744   0   0
    31 COMCAST CORP A 2020-02 Purchase 2020-09   1,413 1,363   0   0
    11 F5 NETWORKS INC 2020-05 Purchase 2020-09   1,429 1,557   0   0
    13 PPG INDUSTRIES INC 2020-05 Purchase 2020-09   1,638 1,246   0   0
    16 CHARLES SCHWAB CORP 2019-12 Purchase 2020-09   580 782   0   0
    44 SOUTHWEST AIRLINES 2020-05 Purchase 2020-09   1,727 1,271   0   0
    5 ULTA BEAUTY INC 2019-10 Purchase 2020-09   1,190 1,203   0   0
    63 WELLS FARGO 2020-02 Purchase 2020-09   1,565 2,916   0   0
    22 CVS CORP 2019-10 Purchase 2020-09   1,265 1,387   0   0
    1 BOOKINGS HOLDING INC 2020-11 Purchase 2020-11   2,032 2,057   0   0
    11 COMCAST CORP A 2020-02 Purchase 2020-11   545 484   0   0
    25 ELANCO ANIMAL HEALTH INC 2020-08 Purchase 2020-11   741 608   0   0
    2 F5 NETWORKS INC 2020-05 Purchase 2020-11   316 283   0   0
    14 JP MORGAN CHASE 2020-11 Purchase 2020-11   1,603 1,658   0   0
    5 PPG INDUSTRIES INC 2020-05 Purchase 2020-11   716 479   0   0
    24 CHARLES SCHWAB CORP 2019-12 Purchase 2020-11   1,118 1,174   0   0
    23 SOUTHWEST AIRLINES 2020-11 Purchase 2020-11   1,052 1,026   0   0
    4 STRYKER CORP 2020-09 Purchase 2020-11   924 808   0   0
    28 WELLS FARGO CO 2020-02 Purchase 2020-11   718 1,296   0   0
    43 APPLE COMPUTER 2006-04 Purchase 2020-02   12,926 405   0   0
    45 MICROSOFT CORP 1993-08 Purchase 2020-02   7,828 102   0   0
    18 GLOBAL PAYMENTS INC 2016-11 Purchase 2020-02   3,435 1,269   0   0
    32 PAYPAL HOLDING INC 2018-01 Purchase 2020-02   3,513 1,227   0   0
    360 VIACOMCBS INC 2019-02 Purchase 2020-03   9,146 18,610   0   0
    5255 AQR STYLE PEMIA ALTERNATIVE FUND 2015-08 Purchase 2020-03   38,736 53,453   0   0
    80 BOEING CO 2014-09 Purchase 2020-03   7,623 10,318   0   0
    4698 PIMCO ALL ASSETS 2018-02 Purchase 2020-03   29,460 41,227   0   0
    1606 OAKMARK INTL INSTITUTIONAL FND 2016-09 Purchase 2020-04   25,337 34,422   0   0
    811 MATTHEWS JAPAN FUND 2017-05 Purchase 2020-04   15,562 17,445   0   0
    56 TWEEDY BROWNE GLOBAL VALUE 2010-07 Purchase 2020-04   1,280 1,186   0   0
    204 TWEEDY BROWNE GLOBAL VALUE 2010-07 Purchase 2020-04   4,623 4,980   0   0
    28 APPLE COMPUTER 2006-04 Purchase 2020-05   8,927 263   0   0
    161 BRISTOL MYERS SQUIBB CO 2002-01 Purchase 2020-05   10,047 9,955   0   0
    40 CARTERS INC 2017-08 Purchase 2020-05   3,294 3,490   0   0
    73 COLGATE PALMOLIVE 1999-08 Purchase 2020-05   5,096 4,663   0   0
    12 COSTCO WHOLESALE GROUP 2017-08 Purchase 2020-05   3,665 1,869   0   0
    60 MICROSOFT CORP 1993-08 Purchase 2020-05   11,097 137   0   0
    173 COLGATE PALMOLIVE 2018-06 Purchase 2020-06   12,265 11,046   0   0
    32 APPLE COMPUTER 2006-04 Purchase 2020-08   14,268 301   0   0
    25 PAYPAL HOLDINGS INC 2015-10 Purchase 2020-08   4,982 863   0   0
    600 SPDR DOW JONES GLOBAL REAL ESTATE ETF 2013-06 Purchase 2020-09   24,428 25,720   0   0
    4468 GLENMEDE QUANT US LONG SHORT EQUITY 2018-06 Purchase 2020-09   50,313 48,632   0   0
    1428 OAKMARK INTL INSTITUTIONAL FUND 2016-09 Purchase 2020-09   30,143 30,606   0   0
    319 MATTHEWS PACIFIC TIGER FD 2019-05 Purchase 2020-09   10,211 8,768   0   0
    401 TWEEDY BROWNE GLOBAL VALUE FUND 2010-07 Purchase 2020-09   10,117 8,430   0   0
    1 ALPHABET INC CAPITAL STK CL C 2016-11 Purchase 2020-09   1,707 752   0   0
    10 AMERICAN EXPRESS CO 2009-05 Purchase 2020-09   1,053 277   0   0
    10 AMETEK INC 2016-12 Purchase 2020-09   1,034 494   0   0
    3 AMPHENOL CORP CLASS A 2009-03 Purchase 2020-09   337 41   0   0
    20 BAXTER INTL INC 2008-10 Purchase 2020-09   1,715 720   0   0
    2 BLACKROCK INC 2012-11 Purchase 2020-09   1,208 389   0   0
    1 BOOKINGS HOLDINGS INC 2014-11 Purchase 2020-09   1,952 1,161   0   0
    28 BRISTOL MYERS SQUIB CO 2017-07 Purchase 2020-09   1,725 1,532   0   0
    17 CARTER'S INC 2017-08 Purchase 2020-09   1,372 1,483   0   0
    39 CISCO SYSTEMS 2015-11 Purchase 2020-09   1,628 1,056   0   0
    17 COLGATE PALMOLIVE CO 2018-06 Purchase 2020-09   1,353 1,085   0   0
    3 COSTCO WHOLESALE CORP 2017-08 Purchase 2020-09   1,089 467   0   0
    11 DOLLAR TREE INC 2014-06 Purchase 2020-09   1,044 598   0   0
    7 FACEBOOK INC A 2019-02 Purchase 2020-09   2,071 1,133   0   0
    25 GILEAD SCIENCE INC 2016-02 Purchase 2020-09   1,674 1,920   0   0
    7 GLOBAL PAYMENTS INC 2016-11 Purchase 2020-09   1,288 494   0   0
    7 HERSHEY FOODS CORP 2017-08 Purchase 2020-09   1,048 730   0   0
    12 HONEYWELL INTL INC 2009-10 Purchase 2020-09   2,080 426   0   0
    28 JP MORGAN CHASE CO 2013-06 Purchase 2020-09   2,890 1,495   0   0
    5 LABORATORY CORP OF AMERICAN HOLDINGS 2016-02 Purchase 2020-09   885 552   0   0
    2 LOCKHEED MARTIN CORP 2013-04 Purchase 2020-09   799 198   0   0
    2 MASTERCARD INTL CL A 2014-05 Purchase 2020-09   717 151   0   0
    7 MICROSOFT CORP 1993-08 Purchase 2020-09   1,603 16   0   0
    1 NORTHERN TRUST CORP 2009-05 Purchase 2020-09   84 55   0   0
    37 PNC FINANCIAL SERVICES GROUP 2014-01 Purchase 2020-09   4,203 2,984   0   0
    6 PAYPAL HOLDING INC 2015-10 Purchase 2020-09   1,235 207   0   0
    93 TJX COS INC 2007-03 Purchase 2020-09   5,299 627   0   0
    6 TRACTOR SUPPLY 2017-07 Purchase 2020-09   885 343   0   0
    3 THE TRAVELERS COMPANIES INC 2008-07 Purchase 2020-09   355 138   0   0
    7 ACCENTURE PLC 2006-06 Purchase 2020-09   1,715 202   0   0
    13 MEDTRONIC PLC SHS 2018-11 Purchase 2020-09   1,414 1,207   0   0
    34 APPLE COMPUTER 2006-04 Purchase 2020-09   3,808 80   0   0
    80 BRISTOL MYERS SQUIB CO 2017-07 Purchase 2020-09   4,708 4,376   0   0
    99 CVS CORP 1999-08 Purchase 2020-09   5,831 6,196   0   0
    19 MICROSOFT CORP 1993-08 Purchase 2020-09   3,925 43   0   0
    18 PAYPAL HOLDINGS INC 2015-10 Purchase 2020-09   3,384 622   0   0
    2 CARTER'S INC 2017-08 Purchase 2020-11   172 174   0   0
    54 CARTER'S INC 2017-08 Purchase 2020-11   4,660 4,660   0   0
    12 CARTER'S INC 2017-08 Purchase 2020-11   1,021 1,034   0   0
    60 CARTER'S INC 2017-08 Purchase 2020-11   5,178 5,170   0   0
    15 COSTCO WHOLESALE CORP 2017-08 Purchase 2020-11   5,673 2,336   0   0
    299 GILEAD SCIENCES INC 2017-08 Purchase 2020-11   17,774 22,518   0   0
    2 ALPHABET INC CAP STK C 2016-11 Purchase 2020-11   3,508 1,503   0   0
    7 AMERICAN EXPRESS CO 2009-05 Purchase 2020-11   791 194   0   0
    9 AMETEK INC 2016-12 Purchase 2020-11   1,069 445   0   0
    8 AMPHENOL CORP A 2009-03 Purchase 2020-11   1,011 110   0   0
    17 APPLE COMPUTER 2006-04 Purchase 2020-11   2,009 40   0   0
    15 BAXTER INTL INC 2008-10 Purchase 2020-11   1,197 540   0   0
    2 BLACKROCK INC 2019-09 Purchase 2020-11   1,335 874   0   0
    24 BRISTOL MYERS SQUIBB CO 2017-07 Purchase 2020-11   1,473 1,313   0   0
    20 CVS CORP 2019-05 Purchase 2020-11   1,312 1,150   0   0
    8 CHEVRON CORP 2019-10 Purchase 2020-11   677 930   0   0
    18 CISCO SYSTEMS 2015-11 Purchase 2020-11   738 487   0   0
    6 COLGATE PALMOLIVE CO 2018-06 Purchase 2020-11   509 383   0   0
    4 COSTCO WHOLESALE CORP 2017-08 Purchase 2020-11   1,533 623   0   0
    8 DOLLAR TREE 2014-06 Purchase 2020-11   752 434   0   0
    5 FACEBOOK INC A 2019-09 Purchase 2020-11   1,362 933   0   0
    6 GLOBAL PAYMENTS INC 2015-11 Purchase 2020-11   1,132 410   0   0
    5 HERSHEY FOODS CORP 2019-09 Purchase 2020-11   741 745   0   0
    9 HONEYWELL INTL INC 2009-10 Purchase 2020-11   1,808 319   0   0
    5 LABORATORY CORP OF AMERICAN 2016-02 Purchase 2020-11   999 552   0   0
    3 LOCKHEED MARTIN CORP 2013-04 Purchase 2020-11   1,125 297   0   0
    5 MASTERCARD CLASS A 2014-05 Purchase 2020-11   1,677 378   0   0
    10 MICROSOFT CORP 1993-08 Purchase 2020-11   2,108 22   0   0
    7 NORTHERN TRUST CORP 2009-05 Purchase 2020-11   644 384   0   0
    8 PNC FINANCIAL SERVICES GROUP INC 2014-01 Purchase 2020-11   1,029 645   0   0
    9 PAYPAL HOLDINGS INC 2015-10 Purchase 2020-11   1,720 311   0   0
    21 TJX COS INC 2007-03 Purchase 2020-11   1,286 142   0   0
    10 TRACTOR SUPPLY 2017-07 Purchase 2020-11   1,296 572   0   0
    4 THE TRAVELERS COMPANIES INC 2008-07 Purchase 2020-11   534 184   0   0
    1613 TWEEDY BROWNE GLOBAL VALUE 2017-08 Purchase 2020-11   43,188 29,288   0   0
    7 ULTA BEAUTY INC 2019-10 Purchase 2020-11   1,907 1,684   0   0
    7 ACCENTURE PLC 2006-06 Purchase 2020-11   1,690 202   0   0
    11 MEDTRONIC PLC SHS 2018-11 Purchase 2020-11   1,213 1,021   0   0
    57 FNMA 253480 2000-09 Purchase 2020-09   6 5   0   0

    TY 2020 InvestmentsOtherSchedule2
    Name:
    RICHMAN BROTHERS FOUNDATION
    EIN:
    34-6504927
    Software ID:
    20012075
    Software Version:
    V1.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PUBLICLY TRADED SECURITIES   2,109,667 3,163,351

    TY 2020 OtherExpensesSchedule
    Name:
    RICHMAN BROTHERS FOUNDATION
    EIN:
    34-6504927
    Software ID:
    20012075
    Software Version:
    V1.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER NON-ALLOCABLE EXPENSE 1,050 0 0 1,050


    TY 2020 OtherIncreasesSchedule
    Name:
    RICHMAN BROTHERS FOUNDATION
    EIN:
    34-6504927
    Software ID:
    20012075
    Software Version:
    V1.0
    Description Amount
    MISC ADJUSTMENT 779


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    RICHMAN BROTHERS FOUNDATION
    EIN:
    34-6504927
    Software ID:
    20012075
    Software Version:
    V1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MGMT FEES 25,865 25,865 0 0


    TY 2020 TaxesSchedule
    Name:
    RICHMAN BROTHERS FOUNDATION
    EIN:
    34-6504927
    Software ID:
    20012075
    Software Version:
    V1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL ESTIMATES - PRIOR YEAR 807 0 0 0
    FOREIGN TAXES PAID ON DIVIDENDS AND INTEREST 955 955 0 0