Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
FRANKLIN PHILANTHROPIC FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)180 NORTH STETSON AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60601
A Employer identification number

36-3668125
B Telephone number (see instructions)

(312) 819-4060
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$15,092,402J 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) 750,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,097 1,097  
4 Dividends and interest from securities... 118,018 118,018  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,020,283
b Gross sales price for all assets on line 6a 4,153,714
7 Capital gain net income (from Part IV, line 2)... 1,020,283
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).......      
12 Total. Add lines 1 through 11........ 1,889,398 1,139,398  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 47,642      
b Accounting fees (attach schedule)....... Click to see attachment 7,000      
c Other professional fees (attach schedule).... Click to see attachment 123,593 123,593    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 27,738      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 205,973 123,593   0
25 Contributions, gifts, grants paid....... 566,500 566,500
26 Total expenses and disbursements. Add lines 24 and 25 772,473 123,593   566,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,116,925
b Net investment income (if negative, enter -0-) 1,015,805
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 18,287 564,246 564,246
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 2,911,439 Click to see attachment3,541,395 3,728,055
b Investments—corporate stock (attach schedule)....... 4,888,818 Click to see attachment4,502,688 10,457,627
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   Click to see attachment327,140 342,474
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,818,544 8,935,469 15,092,402
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
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........... 7,818,544  
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........    
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)..... 7,818,544 8,935,469
30 Total liabilities and net assets/fund balances (see instructions). 7,818,544 8,935,469
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
7,818,544
2
Enter amount from Part I, line 27a .....................
2
1,116,925
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
8,935,469
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,935,469
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b Capital Gain Dividends      
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 4,152,462   3,133,431 1,019,031
b       1,252
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       1,019,031
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 1,020,283
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 1,019,031
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 14,120
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 14,120
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 14,120
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 9,580
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 24,580
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 68
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 10,392
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet10,392 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletRANDALL ROMEI Telephone no.bullet (312) 819-4060

    Located atbullet180 NORTH STETSON AVENUECHICAGOIL ZIP+4bullet60601
    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
    MORRIS F GOODMAN PRESIDENT/DIR
    1.00     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    DAVID MABIE TREASURER/DIR
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    RANDALL ROMEI SECRETARY/DIR
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    STANLEY GOODMAN VICE PRES/DIR
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    LINDA GOODMAN VICE PRES/DIR
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    JOYCE GOODMAN VICE PRES/DIR
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    JENNY GOODMAN-BOWDEN VICE PRES/DIR
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    WILLIAM MICHAEL GOODMAN VICE PRES/DIR
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    DEBORAH GOODMAN VICE PRES/DIR
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    AARON CUBELLS Director
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    REBECCA CUBELLS Director
    0.20     		0    
    180 N STETSON STE 1940
    CHICAGO,IL60601
    SARAH CUBELLS Director
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    YALE GOODMAN Director
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    PACE GOODMAN Director
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    DOUG GOODMAN Director
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    PAUL GOODMAN Director
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    DANIEL BOWDEN Director
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    LES BOWDEN Director
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    LEAH BOWDEN Director
    0.20     		0    
    180 N STETSON 1940
    CHICAGO,IL60601
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    12,123,939
    b
    Average of monthly cash balances.......................
    1b
    967,085
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    13,091,024
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    13,091,024
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    196,365
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    12,894,659
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    644,733
    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
    644,733
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    14,120
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,120
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    630,613
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    630,613
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    630,613
    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
    566,500
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    566,500
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    566,500
    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 7 630,613
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 25,893
    b From 2016...... 34,007
    c From 2017...... 27,626
    d From 2018...... 26,319
    e From 2019...... 24,036
    fTotal of lines 3a through e........ 137,881
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 566,500
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 566,500
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020. 64,113 64,113
    (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 73,768
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		73,768
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 23,413
    c Excess from 2018.... 26,319
    d Excess from 2019.... 24,036
    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).)
    MORRIS F GOODMAN
    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
    ACLU FOUNDATION
    150 N MICHIGAN AVE STE 600
    CHICAGO,IL60601     		  PC UNRESTRICTED 15,334
    ACLU OF NEW JERSEY FOUNDATION
    89 MARKET ST STE 7
    NEWARK,NJ07102     		  PC UNRESTRICTED 1,000
    AIDS FOUNDATION OF CHICAGO
    200 W MONROE ST STE 1150
    CHICAGO,IL60606     		  PC UNRESTRICTED 2,000
    AFRICAN WILDLIFE FOUNDATION
    1400 16 ST NW STE 120
    WASHINGTON,DC20036     		  PC UNRESTRICTED 3,000
    AMERICAN COUNCIL FOR INTL EDUCATION
    1828 L ST STE 1200
    WASHINGTON,DC20036     		  PC UNRESTRICTED 1,000
    AMERICAN FREINDS OF HEBREW UNIVERSI
    1 BATTERY PARK PLAZA STE 2501
    NEW YORK,NY10004     		  PC UNRESTRICTED 9,000
    AMERICAN RED CROSS
    PO BOX 37839
    BOONE,IA50037     		  PC UNRESTRICTED 2,000
    AMERICAN FREINDS OF MAGEN DAVID ADO
    20 W 36TH ST SUITE 1100
    NEY YORK,NY10018     		  PC UNRESTRICTED 7,000
    AMERICAN WILDLIFE FOUNDATION
    31812 S HIGHWAY 213
    MOLALLA,OR97038     		  PC UNRESTRICTED 3,000
    AMNESTY INTERNATIONAL USA
    1 N LASALLE ST STE 875
    CHICAGO,IL60602     		  PC UNRESTRICTED 5,000
    A NEW WAY OF LIFE RE-ENTRY PROJECT
    PO BOX 875288
    LOS ANGELES,CA90087     		  PC UNRESTRICTED 1,000
    ATLANTA AUTISM CONSORTIUM
    1932 OAK GROVE RD NE
    ATLANTA,GA30345     		  PC UNRESTRICTED 1,000
    BEACON INST FOR RIVERS AND ESTUARIE
    199 MAIN ST
    BEACON,NY12508     		  PC UNRESTRICTED 4,600
    BEST FREINDS ANIMAL SOCIETY
    5001 ANGEL CANYON RD
    KANAB,UT84741     		  PC UNRESTRICTED 3,000
    BLOOMINGDALE AGING IN PLACE
    PO BOX 497
    NEW YORK,NY10025     		  PC UNRESTRICTED 4,000
    BRENNEN CENTER FOR JUSTICE
    120 BROADWAY STE 1750
    NEW YORK,NY10271     		  PC UNRESTRICTED 3,000
    BRIDGEPORT FIELD OF DREAMS
    379 SZOST DRIVE
    FAIRFIELD,CT06824     		  PC UNRESTRICTED 4,000
    BROOKLYN BOATWORKS
    68 JAY ST STE 411
    BROOKLYN,NY11201     		  PC UNRESTRICTED 7,500
    CARE USA
    1043 3RD AVE SUITE 912
    SEATLE,WA98101     		  PC UNRESTRICTED 3,000
    CARINGKIND
    360 LEXINGTON AVE STE 4
    NEW YORK,NY10017     		  PC UNRESTRICTED 12,000
    CARRIAGE HOUSE ARTS CENTER
    390 GRUMMAN AVE
    NORWALK,CT06851     		  PC UNRESTRICTED 6,000
    CENTER FOR ALL ABILITIES
    PO BOX 1203
    NEW YORK,NY10021     		  PC UNRESTRICTED 4,000
    CENTER FOR BIOLOGICAL DIVERSITY
    PO BOX 710
    TUCSON,AZ85702     		  PC UNRESTRICTED 5,000
    CHICAGO SYMPHONY ORCHESTRA
    220 S MICHIGAN AVE
    CHICAGO,IL60604     		  PC UNRESTRICTED 5,000
    CHILDREN'S AID SOCIETY
    69 W 118TH ST
    NEW YORK,NY10026     		  PC UNRESTRICTED 7,000
    COMMUNITY PARTNERS IN ACTION
    110 BARTHOLOMEW AVE STE 3010
    HARTFORD,CT06106     		  PC UNRESTRICTED 2,000
    CT PUBLIC AFFAIRS NETWORK
    21 OAK ST
    HARTFORD,CT06106     		  PC HISTORY DAYS 8,500
    COUNCIL OF CHURCHES BRIDGEPORT
    1718 CAPITAL AVE
    BRIDGEPORT,CT06604     		  PC HANG TIME 9,100
    DEERFIELD VALLEY COMMUNITY CARES
    PO BOX 5
    WILMINGTON,VT05363     		  PC UNRESTRICTED 3,000
    CURTAIN CALL INC
    1344 NEWFIELD AVE
    STAMFORD,CT06905     		  PC UNRESTRICTED 2,100
    EARTHJUSTICE
    50 CALIFORNIA ST STE 500
    SAN FRANCISCO,CA94111     		  PC UNRESTRICTED 8,750
    ELEPHANT SANCTUARY IN TENNESSEE
    27 E MAIN ST
    HOHEWALD,TN38462     		  PC UNRESTRICTED 3,000
    EMERGE CT INC
    830 GRAND AVE
    NEW HAVEN,CT06511     		  PC UNRESTRICTED 3,000
    EMPOWERMENT PLAN
    7640 KERCHEVAL AVE
    DETROIT,MI48214     		  PC UNRESTRICTED 4,000
    EQUAL JUSTICE INITIATIVE
    122 COMMERCE ST
    MONGOMERY,AL36104     		  PC UNRESTRICTED 7,250
    ENVIRONMENTAL DEFENSE FUND
    257 PARK AVE S
    NEW YORK,NY10010     		  PC UNRESTRICTED 7,000
    EVERYTOWN FOR GUN SAFETY
    PO BOX 4184
    NEW YORK,NY10163     		  PC UNRESTRICTED 3,000
    FABSCRAP
    140 58TH STREET
    BROOKLYN,NY11220     		  PC UNRESTRICTED 1,000
    FARM SANCTUARY
    3150 AIKENS RD
    WATKINS GLEN,NY14891     		  PC UNRESTRICTED 2,000
    FIRST
    200 BEDFORD ST
    MANCHESTER,NH03101     		  PC UNRESTRICTED 2,000
    FOOD TRUST
    1617 JOHN F KENNEDY BLVD
    PHILADELPHIA,PA19103     		  PC UNRESTRICTED 2,000
    FRANCISCAN OUTREACH
    717B W 18TH ST
    CHICAGO,IL60616     		  PC UNRESTRICTED 3,500
    FUGEES FAMILY
    PO BOX 388
    SCOTTSDALE,GA30079     		  PC UNRESTRICTED 7,000
    GAIT
    8191 STAPLES MILL ROAD
    RICHMOND,VA23238     		  PC UNRESTRICTED 10,000
    GEORGE MARK CHILDREN'S FUND
    2121 GEORGE MARK LN
    SAN LEANDRO,CA94578     		  PC UNRESTRICTED 6,250
    GEORGIA OPTIONS
    1865 W BROAD ST STE E
    ATHENS,GA30606     		  PC UNRESTRICTED 1,000
    GREATER CHICAGO FOOD DEPOSITORY
    4100 ANN LURIE PL
    CHICAGO,IL60632     		  PC UNRESTRICTED 9,000
    GREEN WAVEORG
    54231 AVENUE
    BROOKLYN,NY11220     		  PC UNRESTRICTED 4,000
    GREEN VILLAGE INITIATIVE
    325 LAFAYETTE ST UNIT 9101
    BRIDGEPORT,CT06604     		  PC UNRESTRICTED 4,000
    HAMDEN EDUCATION FOUNDATION
    670 WINTERGREEN AVE
    HAMDEN,CT06518     		  PC UNRESTRICTED 500
    HENRYS FORK WILDLIFE ALLIANCE
    PO BOX 725
    ASHTON,ID83420     		  PC UNRESTRICTED 12,100
    HONR NETWORK
    2875 S ORANGE AVE STE 500
    ORLANDO,FL32806     		  PC UNRESTRICTED 8,000
    HUDSON LINK FOR HIGHER EDUC IN PRIS
    23 STATE ST
    OSSINING,NY10562     		  PC UNRESTRICTED 8,750
    IDAHO RIVERS UNITED
    3800 W AMERICANA TERRACE STE 140
    BOISE,ID83706     		  PC UNRESTRICTED 2,000
    INTERNATIONAL FUND-ANIMAL WELFARE
    290 SUMMER ST
    YARMOUTH PORT,MA02675     		  PC UNRESTRICTED 3,000
    INTER PLANNED PARENTHOOD FND W HEM
    125 MAIDEN LANE 9TH FL
    NEW YORK,NY10038     		  PC UNRESTRICTED 2,000
    JOFFREY BALLET
    10 E RANDOLPH ST
    CHICAGO,IL60601     		  PC UNRESTRICTED 2,000
    JUSTICE IN MOTION
    789 WASHINGTON AVE
    BROOKLYN,NY11238     		  PC UNRESTRICTED 8,750
    J STREET EDUCATION FUND
    PO BOX 66073
    WASHINGTON,DC20035     		  PC UNRESTRICTED 2,500
    ELAINE KAUFMAN CULTURAL CENTER
    129 W 67TH ST
    NEW YORK,NY10023     		  PC LUCY MOSES SCHOOL SCHOLARSHIP 5,500
    KIND
    125 MAIDEN LANE
    NEW YORK,NY10038     		  PC UNRESTRICTED 6,000
    LIFE AFTER HATE
    917 W WASHINGTON BLVD STE 212
    CHICAGO,IL60607     		  PC UNRESTRICTED 1,000
    LILITH MAGAZINE
    119 W 57TH ST STE 1210
    NEW YORK,NY10019     		  PC UNRESTRICTED 2,500
    LUCY MACKENZIE HUMANE SOCIETY
    PO BOX 702
    BROWNVILLE,VT05037     		  PC UNRESTRICTED 3,000
    LYRIC OPERA OF CHICAGO
    20 N WACKER DRIVE STE 860
    CHICAGO,IL60606     		  PC UNRESTRICTED 2,000
    MAG AMERICA
    1776 K ST NW STE 700
    WASHINGTON,DC20006     		  PC UNRESTRICTED 4,000
    MAYORS ALLIANCE FOR NYC'S ANIMALS
    244 FIFTH AVE STE R290
    NEW YORK,NY10001     		  PC UNRESTRICTED 2,000
    MERCY FOR ANIMALS
    8033 SUNSET BLVD STE 864
    LOS ANGELES,CA90046     		  PC UNRESTRICTED 2,000
    MERCY LEANING CENTER
    637 PARK AVENUE
    BRIDGEPORT,CT06604     		  PC UNRESTRICTED 5,000
    MISSION K9 RESCUE
    PO BOX 395
    NEEDVILLE,TX77461     		  PC UNRESTRICTED 1,000
    MOTE MARINE LABORATORY
    1600 KEN THOMPSON PKWY
    SARASOTA,FL34236     		  PC UNRESTRICTED 2,000
    MUSIC THEATER WORKS
    516 4TH ST
    WILMETTE,IL60091     		  PC UNRESTRICTED 1,000
    NATIONAL OUTDOOR LEADERSHIP SCHOOL
    284 LINCOLN ST
    LANDER,WY82520     		  PC UNRESTRICTED 2,000
    NETWORK FOR RESPONSIBLE PUBLIC POLI
    PO BOX 476
    RIDGEWOOD,NJ07451     		  PC UNRESTRICTED 4,000
    NEWBERRY LIBRARY
    60 W WALTON ST
    CHICAGO,IL60610     		  PC UNRESTRICTED 1,500
    NEW HAVEN READS
    45 BRISTOL ST
    NEW HAVEN,CT06511     		  PC UNRESTRICTED 1,000
    NEW REACH
    269 PECK STREET
    NEW HAVEN,CT06513     		  PC UNRESTRICTED 1,000
    NORTHEAST ANIMAL SHELTER
    347 HIGHLAND AVE
    SALEM,MA01970     		  PC UNRESTRICTED 5,000
    NORTH SHORE SOUP KITCHEN
    PO BOX 168
    GLEN COVE,NY11542     		  PC UNRESTRICTED 3,000
    OCEANA
    1025 CONNECTICUT AVE NW STE 200
    WASHINGTON,DC20036     		  PC UNRESTRICTED 7,500
    OCEAN CONSERVANCY
    1300 19TH ST NW 8TH FL
    WASHINGTON,DC20036     		  PC UNRESTRICTED 16,750
    ONE VOICE MISSISSIPPI
    1072 J R LYNCH ST
    JACKSON,MS39201     		  PC UNRESTRICTED 3,000
    PLANNED PARENTHOOD OF SOUTHEAST PA
    1144 LOCUST STREET
    PHILADELPHIA,PA19107     		  PC UNRESTRICTED 6,250
    PHYSICIANS COMM RESPONSIBLE MEDICIN
    5100 WISCONSIN AVENW STE 400
    WASHINGTON,DC20016     		  PC UNRESTRICTED 3,000
    PLANNED PARENTHOOD
    18 S MICHIGAN AVE
    CHICAGO,IL60603     		  PC UNRESTRICTED 17,600
    POPULATION CONNECTION
    2120 L ST NW STE 500
    WASHINGTON,DC20037     		  PC UNRESTRICTED 5,000
    PROBUS CLUB OF GREATER BRIDGEPORT
    PO BOX 1403
    FAIRFIELD,CT06825     		  PC UNRESTRICTED 2,000
    PROJECT AWARE FOUNDATION
    30151 TOMAS STE 200
    RANCHO SANTA MARGARI,CA92688     		  PC UNRESTRICTED 2,000
    PROTECT OUR WINTERS
    4676 BROADWAY ST
    BOULDER,CO80304     		  PC UNRESTRICTED 2,000
    RAILS TO TRAILS CONSERVANCY
    2121 WARD CT NW 5TH FL
    WASHINGTON,DC20037     		  PC UNRESTRICTED 2,500
    RAINFOREST ACTION NETWORK
    425 BUSH ST
    SAN FRANCISCO,CA94108     		  PC UNRESTRICTED 2,000
    RAINFOREST FOUNDATION US
    1000 DEAN ST STE 430
    BROOKLYN,NY11238     		  PC UNRESTRICTED 7,600
    READER TO READER
    38 WOODSIDE AVE
    AMHURST,MA01002     		  PC UNRESTRICTED 1,000
    ROCK THE VOTE
    1440 G STREET NW
    WASHINGTON,DC20005     		  PC UNRESTRICTED 6,750
    SEA SHEPARD CONSERVATION
    PO BOX 8628
    ALEXANDRIA,VA22306     		  PC UNRESTRICTED 3,000
    SHELTERS TO SHUTTERS
    1921 GALLOWS RD STE 700
    VIENNA,VA22182     		  PC UNRESTRICTED 8,333
    SIERRA CLUB FOUNDATION
    2101 WEBSTER ST 1250
    OAKLAND,CA94612     		  PC UNRESTRICTED 7,000
    SOI DOG FOUNDATION
    167/9 MOO 4
    AMPHUR THALANG,PHUKET83110
    TH     		  PC UNRESTRICTED 3,000
    SOLAR FOUNDATION
    1110 VERMONT AVE NW STE 930
    WASHINGTON,DC20005     		  PC UNRESTRICTED 1,000
    SOS CHILDRENS' VILLAGE
    7600 S PARNELL AVE
    CHICAGO,IL60620     		  PC UNRESTRICTED 8,750
    SOUTHERN POVERTY LAW CENTER
    400 WASHINGTON AVE
    MONTGOMERY,AL36104     		  PC UNRESTRICTED 8,000
    SUNRISE FOUNDATION USA
    802 2ND ST NW
    BOWMAN,ND58623     		  PC UNRESTRICTED 2,000
    350ORG
    155 WATER ST STE 6
    BROOKLYN,NY11201     		  PC UNRESTRICTED 9,600
    TRACE MEDIA INC
    68 3RD ST 236
    BROOKLYN,NY11231     		  PC UNRESTRICTED 2,000
    TWICE BLESSED
    45 VT-100
    WEST DOVER,VT05356     		  PC UNRESTRICTED 3,000
    UNCHAINED AT LAST
    208 LENOX AVE 189
    WESTFIELD,NJ07090     		  PC UNRESTRICTED 2,000
    UNION OF CONCERNED SCIENTISTS
    1 N LASALLE ST STE 1904
    CHICAGO,IL60602     		  PC UNRESTRICTED 10,000
    UNITED COMMUNITY HOUSING COALITION
    2727 SECOND AVE STE 313
    DETROIT,MI48201     		  PC UNRESTRICTED 4,600
    UPON THIS ROCK
    795 MAIN ST
    BUFFALO,NY14203     		  PC IMPACT OUR CHILDREN 3,000
    URBAN RESOURCE INSTITUTE-NYC
    75 BROAD ST RM 505
    NEW YORK,NY10004     		  PC UNRESTRICTED 1,000
    USGBC-DETROIT REGION 15
    440 BURROUGHS ST
    DETROIT,MI48202     		  PC UNRESTRICTED 4,600
    VERMONT INSTITUTE OF NATURAL SCIENC
    6565 WOODSTOCK RD
    QUECHEE,VT05059     		  PC UNRESTRICTED 3,000
    WILD FOUNDATION IWLF
    717 POPLAR AVE
    BOULDER,CO80304     		  PC UNRESTRICTED 2,000
    WILDLIFE CONSERVATION SOCIETY
    2300 SOUTHERN BLVD
    BRONX,NY10460     		  PC UNRESTRICTED 4,000
    WOMEN'S WILDERNESS INSTITUTE
    2845 WILDERNESS PL STE 211
    BOULDER,CO80301     		  PC UNRESTRICTED 3,000
    WORLD VETS
    9711 MOLLER DR NW
    GIG HARBOR,WA98332     		  PC UNRESTRICTED 2,000
    WTTW
    5400 N ST LOUIS AVE
    CHICAGO,IL60625     		  PC UNRESTRICTED 2,000
    YELLOWSTONE TO YUKON CONSEVATION
    1350 RAILWAY AVE 200
    CANMORE,ALBERTAT1W 1P6
    CA     		  PC UNRESTRICTED 5,500
    YOUNG CENTER-IMMIGRANT CHIDREN'S RI
    2245 S MICHIGAN AVE 301
    CHICAGO,IL60616     		  PC UNRESTRICTED 8,333
    ALLIANCE FOR YOUTH ORGANIZING
    915 5TH ST NW
    WASHINGTON,DC20001     		  PC UNRESTRICTED 6,750
    BLACK VOTES MATTER CAPACITY BUILD I
    3390 STONEWALL TELL RD
    ATLANTA,GA30349     		  PC UNRESTRICTED 6,750
    CENTER FOR PUBLIC INTEGRITY
    910 17TH ST NW SUITE 700
    WASHINGTON,DC20006     		  PC UNRESTRICTED 1,000
    CORAL RESOTRATION FOUNDATION
    5 SEAGATE BLVD
    KEY LARGO,FL33037     		  PC UNRESTRICTED 2,500
    DOWNTOWN CABERET THEATER CO BRIDGEP
    263 GOLDEN HILLS ST
    BRIDGEPORT,CT06604     		  PC UNRESTRICTED 2,100
    GROUNDTRUTH PROJECT INC
    10 GUEST STREET
    BOSTON,MA02135     		  PC UNRRESTRICTED 1,000
    IDAHO CONSERVATION LEAGUE
    102 S EUCLID AVE SUITE 207
    SANDPOINT,ID83864     		  PC UNRESTRICTED 2,000
    TROUT UNLIMITED
    PO BOX 2652
    ISSAQUAH,WA98027     		  PC UNRESTRICTED 3,000
    VOTE NOLA
    4930 WASHINGTON AVE
    NEW ORLEANS,LA70125     		  PC UNRESTRICTED 6,750
    WILD ANIMAL SANCTUARY
    2999 COUNTY ROAD 53
    KEENESBURG,CO80643     		  PC INTERNATIONAL EXOTIC FELINE SANCTUARY 4,000
    Total .................................bullet 3a 566,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 1,097  
    4 Dividends and interest from securities....     14 118,018  
    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.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,020,283  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,139,398  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,139,398
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID: 20011551
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    FRANKLIN PHILANTHROPIC FOUNDATION
     
    Employer identification number

    36-3668125
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    FRANKLIN PHILANTHROPIC FOUNDATION
          		Employer identification number
    36-3668125
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    MORRIS F GOODMAN
    1508 HINMAN AVENUE UNIT 8B
     
    EVANSTON, IL60201

    		$ 750,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    FRANKLIN PHILANTHROPIC FOUNDATION
          		Employer identification number

    36-3668125
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    FRANKLIN PHILANTHROPIC FOUNDATION
          		Employer identification number

    36-3668125
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID: 20011551
    Software Version: 2020v4.0

    TY 2020 AccountingFeesSchedule
    Name:
    FRANKLIN PHILANTHROPIC FOUNDATION
    EIN:
    36-3668125
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION 7,000 0 0 0

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    FRANKLIN PHILANTHROPIC FOUNDATION
    EIN:
    36-3668125
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    KORNIT DIGITAL LTD 55,305 289,673
    ABIOMED INC 203,806 238,287
    ACCELERATED DIAGNOSTICS INC 182,593 104,680
    ALBIREO PHARMA INC 120,973 204,129
    ALLIANCE DATA SYSTEMS 216,380 117,745
    ALPHABET INC 112,387 220,833
    AMAZON.COM 37,902 345,235
    APPLE INC 12,376 228,227
    BLACKLINE INC 69,630 281,432
    CARVANA CO CL A 15,024 256,787
    COSTCO WHOLESALE CORP 113,741 226,445
    COSTAR GROUP INC 43,519 245,858
    DEXCON INC 32,113 273,593
    DYNAVAX TECHNOLOGIES CORP 280,792 181,093
    EDWARDS LIFESCIENCES CORP 61,174 187,204
    FACEBOOK INC-CLASS A 110,547 263,053
    FAIR ISAAC CORP 64,857 269,829
    FASTENAL 12,486 63,967
    IDEX LABORATORIES INC 33,343 348,409
    INTERCONTINENTAL EXCHANGE INC 47,107 253,638
    J2 GLOBAL INC 195,176 258,195
    LOWES COMPANIES INC 149,857 354,727
    PAYPAL HOLDINGS INC 132,417 364,649
    PINTEREST INC CL A 230,416 656,034
    PROGRESSIVE CORP OHIO 132,859 344,003
    QUINSTREET INC 166,330 279,792
    REALPAGE INC 171,450 358,644
    SVB FINL GROUP 110,544 184,995
    SALESFORCE.COM 41,800 266,813
    TANDEM DIABETES CARE INC 191,140 284,935
    TARGET CORP 160,145 352,530
    TRANSUNION 126,791 212,926
    VEEVE SYSTEMS INC CL A 30,448 286,135
    VISA INC 48,920 295,504
    WORKDAY INC 58,429 197,199
    ZOETIS INC 79,562 246,264
    IRON MOUNTAIN INC    
    GUARDANT HEALTH INC 196,297 318,978
    LIGAND PHARMACEUTICALS INC 233,616 214,812
    SHOPIFY INC CL A 92,061 143,758
    TAIWAN SEMICONDUCTOR MANUFACTURING 128,375 236,617

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    FRANKLIN PHILANTHROPIC FOUNDATION
    EIN:
    36-3668125
    Software ID:
    20011551
    Software Version:
    2020v4.0
    US Government Securities - End of Year Book Value:

    3,541,395
    US Government Securities - End of Year Fair Market Value:

    3,728,055
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    FRANKLIN PHILANTHROPIC FOUNDATION
    EIN:
    36-3668125
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    DISCOVER BK CD 3.3% AT COST 327,140 342,474

    TY 2020 LegalFeesSchedule
    Name:
    FRANKLIN PHILANTHROPIC FOUNDATION
    EIN:
    36-3668125
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 47,642 0 0 0


    TY 2020 OtherExpensesSchedule
    Name:
    FRANKLIN PHILANTHROPIC FOUNDATION
    EIN:
    36-3668125
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ANNUAL BOD MEETING 14,047      
    BOOK/TAX TIMING DIFFERENCES 2,596      
    FEDERAL EXCISE TAX 9,580      
    INSURANCE AND OTHER 1,515      


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    FRANKLIN PHILANTHROPIC FOUNDATION
    EIN:
    36-3668125
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISOR FEES 123,593 123,593 0 0