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
BUILDING DREAMS FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)45 BARRY ROAD
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SCARSDALE, NY10583
A Employer identification number

46-2303431
B Telephone number (see instructions)

(914) 472-8095
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$290,704
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) 20,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 2 2  
4 Dividends and interest from securities... 7,762 7,762  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,898
b Gross sales price for all assets on line 6a 136,390
7 Capital gain net income (from Part IV, line 2)... 3,898
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........ 31,662 11,662  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 1,200 0   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 1,551 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 2,391 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,142 0   0
25 Contributions, gifts, grants paid....... 25,985 25,985
26 Total expenses and disbursements. Add lines 24 and 25 31,127 0   25,985
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 535
b Net investment income (if negative, enter -0-) 11,662
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............. 69,382 47,034 47,034
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 178,615 Click to see attachment201,498 243,670
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)..........      
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) 247,997 248,532 290,704
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 247,997 248,532
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)..... 247,997 248,532
30 Total liabilities and net assets/fund balances (see instructions). 247,997 248,532
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
247,997
2
Enter amount from Part I, line 27a .....................
2
535
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
248,532
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
248,532
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 AT&T INC CUSIP: 00206R102 SYMBOL: T   2020-07-20 2020-09-29
b AFFILIATED MANAGERS GROUP INC CUSIP: XXX-XX-XXXX SYMBOL: AMG   2020-02-07 2020-06-01
c AFFILIATED MANAGERS GROUP INC CUSIP: XXX-XX-XXXX SYMBOL: AMG   2020-02-07 2020-09-29
d AFFILIATED MANAGERS GROUP INC CUSIP: XXX-XX-XXXX SYMBOL: AMG     2020-12-11
e BCE INC COM NEW CUSIP: 05534B760 SYMBOL: BCE   2020-07-20 2020-09-29
BK OF AMERICA CORP CUSIP: XXX-XX-XXXX SYMBOL: BAG (CONTD)     2020-03-05
BK OF AMERICA CORP CUSIP: XXX-XX-XXXX SYMBOL: BAG (CONTD)     2020-03-06
BK OF AMERICA CORP CUSIP: XXX-XX-XXXX SYMBOL: BAG (CONTD)   2020-06-09 2020-09-29
BROADCOM INC/CUSIP: 11135F101 /SYMBOL: AVGO   2020-11-03 2020-12-11
CHEVRON CORP NEW/CUSIP: XXX-XX-XXXX SYMBOL: CVX   2019-12-13 2020-05-05
CHEVRON CORP NEW/CUSIP: XXX-XX-XXXX SYMBOL: CVX     2020-09-29
CHEVRON CORP NEW/CUSIP: XXX-XX-XXXX SYMBOL: CVX     2020-12-11
CITIGROUP INC COM NEW/CUSIP: XXX-XX-XXXX/ SYMBOL: C   2020-01-23 2020-09-29
CITIGROUP INC COM NEW/CUSIP: XXX-XX-XXXX/ SYMBOL: C     2020-12-11
CONOCOPHILLIPS CUSIP: 20825C104 SYMBOL: COP   2019-09-20 2020-04-27
DANONE SPONSORED ADR CUSIP: 23636T100 SYMBOL: DANOY   2020-03-11 2020-09-29
DANONE SPONSORED ADR CUSIP: 23636T100 SYMBOL: DANOY   2020-03-11 2020-12-11
DOW INC CUSIP: XXX-XX-XXXX SYMBOL: DOW   2019-11-06 2020-09-29
DUKE ENERGY CORP NEW COM NEW CUSIP: 26441C204 SYMBOL: DUK   2020-03-31 2020-09-29
DUKE ENERGY CORP NEW COM NEW CUSIP: 26441C204 SYMBOL: DUK     2020-12-11
FAIRFAX FINL HLDGS LTD SUB VTG CUSIP: XXX-XX-XXXX SYMBOL: FRFHF     2020-09-29
GENERAL DYNAMICS CORP I CUSIP: XXX-XX-XXXX SYMBOL: GD   2020-02-11 2020-09-29
GENERAL DYNAMICS CORP I CUSIP: XXX-XX-XXXX SYMBOL: GD   2020-02-11 2020-12-11
GENERAL MTRS CO CUSIP: 37045V100 SYMBOL: GM   2019-11-20 2020-09-29
GOLDMAN SACHS ACC ETF CUSIP: XXX-XX-XXXX SYMBOL: GBIL   2019-08-05 2020-02-07
GOLDMAN SACHS ACC ETF CUSIP: XXX-XX-XXXX SYMBOL: GBIL     2020-04-07
INTEL CORP CUSIP: XXX-XX-XXXX SYMBOL: INTC   2019-12-13 2020-09-29
INTEL CORP CUSIP: XXX-XX-XXXX SYMBOL: INTC   2019-12-13 2020-12-11
JPMORGAN CHASE & CO COM CUSIP: 46625H100 SYMBOL: JPM     2020-09-29
LOWES COS INC CUSIP: XXX-XX-XXXX SYMBOL: LOW   2020-03-13 2020-09-29
LOWES COS INC CUSIP: XXX-XX-XXXX SYMBOL: LOW   2020-03-13 2020-12-11
MORGAN STANLEY COM NEW CUSIP: XXX-XX-XXXX SYMBOL: MS   2020-05-08 2020-12-11
PHILIP MORRIS INTL INC CUSIP: XXX-XX-XXXX SYMBOL: PM   2019-12-23 2020-07-20
PHILIP MORRIS INTL INC CUSIP: XXX-XX-XXXX SYMBOL: PM   2019-12-23 2020-09-29
PHILIP MORRIS INTL INC CUSIP: XXX-XX-XXXX SYMBOL: PM   2019-12-23 2020-12-11
RAYTHEON TECHNOLOGIES CORP CUSIP: 75513E101 SYMBOL: RTX   2020-04-17 2020-04-17
RAYTHEON TECHNOLOGIES CORP CUSIP: 75513E101 SYMBOL: RTX   2020-07-20 2020-09-29
SIEMENS A G SPONSORED ADR CUSIP: XXX-XX-XXXX SYMBOL: SIEGY   2020-11-24 2020-11-24
TRUIST FINL CORP CUSIP: 89832Q109 SYMBOL: TFC   2019-06-05 2020-03-05
TRUIST FINL CORP CUSIP: 89832Q109 SYMBOL: TFC   2019-06-05 2020-04-06
UNITED PARCEL SERVICE INC CL B CUSIP: XXX-XX-XXXX SYMBOL: UPS   2020-08-31 2020-12-11
VIATRIS INC CUSIP: 92556V106 SYMBOL: VTRS   2020-11-17 2020-11-17
WALGREENS BOOTS ALLIANCE INC CUSIP: XXX-XX-XXXX SYMBOL: WBA   2020-07-20 2020-09-29
WELLS FARGO CO NEW/ CUSIP: XXX-XX-XXXX SYMBOL: WFC   2019-12-23 2020-05-08
WHIRLPOOL CORP CUSIP: XXX-XX-XXXX SYMBOL: WHR   2020-03-13 2020-06-01
WHIRLPOOL CORP CUSIP: XXX-XX-XXXX SYMBOL: WHR   2020-03-13 2020-06-03
WHIRLPOOL CORP CUSIP: XXX-XX-XXXX SYMBOL: WHR     2020-08-25
WHIRLPOOL CORP CUSIP: XXX-XX-XXXX SYMBOL: WHR     2020-12-11
WHIRLPOOL CORP CUSIP: XXX-XX-XXXX SYMBOL: WHR (CONTD)   2020-09-29 2020-12-11
MEDTRONIC PLC CUSIP: G5960L103 SYMBOL: MDT   2020-08-31 2020-09-29
MEDTRONIC PLC CUSIP: G5960L103 SYMBOL: MDT   2020-08-31 2020-12-11
AT&T INC CUSIP: 00206R102 SYMBOL: T   2014-01-23 2020-12-11
ALTRIA GROUP INC CUSIP: 02209S103 SYMBOL: MO   2014-01-23 2020-07-20
ALTRIA GROUP INC CUSIP: 02209S103 SYMBOL: MO   2014-01-23 2020-12-11
BCE INC COM NEW CUSIP: 05534B760 SYMBOL: BCE   2014-01-23 2020-12-11
BK OF AMERICA CORP CUSIP: XXX-XX-XXXX SYMBOL: BAG   2019-06-28 2020-12-11
BERKSHIRE HATHAWAY INC DEL CL B NEW CUSIP: XXX-XX-XXXX SYMBOL: BRKB   2015-12-21 2020-09-29
BERKSHIRE HATHAWAY INC DEL CL B NEW CUSIP: XXX-XX-XXXX SYMBOL: BRKB     2020-12-11
BOEING CO CUSIP: XXX-XX-XXXX SYMBOL: BA   2016-03-30 2020-03-24
LUMEN TECHNOLOGIES INC CUSIP: XXX-XX-XXXX SYMBOL: LUMN   2017-11-01 2020-09-29
LUMEN TECHNOLOGIES INC CUSIP: XXX-XX-XXXX SYMBOL: LUMN     2020-12-11
CHEVRON CORP NEW/CUSIP: XXX-XX-XXXX/SYMBOL: CVX   2014-01-23 2020-05-05
CHEVRON CORP NEW/CUSIP: XXX-XX-XXXX/SYMBOL: CVX   2014-01-23 2020-06-01
CHEVRON CORP NEW CUSIP: XXX-XX-XXXX SYMBOL: CVX (CONTD)   2014-01-23 2020-12-11
CISCO SYS INC CUSIP: 17275R102 SYMBOL: CSCO   2014-01-23 2020-07-20
CISCO SYS INC CUSIP: 17275R102 SYMBOL: CSCO   2014-01-23 2020-09-29
CISCO SYS INC CUSIP: 17275R102 SYMBOL: CSCO   2014-01-23 2020-10-29
CISCO SYS INC CUSIP: 17275R102 SYMBOL: CSCO   2014-01-23 2020-11-10
CISCO SYS INC CUSIP: 17275R102 SYMBOL: CSCO   2014-01-23 2020-12-11
CITIGROUP INC COM NEW/CUSIP: XXX-XX-XXXX SYMBOL: C   2019-02-14 2020-12-11
CONOCOPHILLIPS CUSIP: 20825C104 SYMBOL: COP   2014-01-23 2020-04-27
CONOCOPHILLIPS CUSIP: 20825C104 SYMBOL: COP   2014-01-23 2020-12-11
CORNING INC CUSIP: XXX-XX-XXXX SYMBOL: GLW     2020-01-29
CORNING INC CUSIP: XXX-XX-XXXX SYMBOL: GLW   2016-03-30 2020-03-03
CORNING INC CUSIP: XXX-XX-XXXX SYMBOL: GLW   2016-03-30 2020-12-11
DANONE SPONSORED ADR CUSIP: 23636T100 SYMBOL: DANOY   2014-05-02 2020-12-11
DIAGEO PLC SPON ADR NEW CUSIP: 25243Q205 SYMBOL: DEO   2014-01-23 2020-08-31
DIAGEO PLC SPON ADR NEW CUSIP: 25243Q205 SYMBOL: DEO   2014-01-23 2020-09-29
DIAGEO PLC SPON ADR NEW CUSIP: 25243Q205 SYMBOL: DEO   2014-01-23 2020-12-11
DOW INC CUSIP: XXX-XX-XXXX SYMBOL: DOW     2020-12-11
EXXON MOBIL CORP/CUSIP: 30231G102/SYMBOL: XOM   2017-03-31 2020-12-11
FAIRFAX FIND HLDGS LTD SUB VTG CUSIP: XXX-XX-XXXX SYMBOL: FRFHF     2020-12-11
GENERAL MTRS CO CUSIP: 37045V100 SYMBOL: GM   2017-02-07 2020-09-29
GENERAL MTRS CO CUSIP: 37045V100 SYMBOL: GM (CONTD)     2020-12-11
GENUINE PARTS CO CUSIP: XXX-XX-XXXX SYMBOL: GPC   2014-01-23 2020-07-20
GENUINE PARTS CO CUSIP: XXX-XX-XXXX SYMBOL: GPC   2014-01-23 2020-09-29
GENUINE PARTS CO CUSIP: XXX-XX-XXXX SYMBOL: GPC   2014-01-23 2020-12-11
GOLDMAN SACHS ACC ETF CUSIP: XXX-XX-XXXX SYMBOL: GBIL   2019-02-14 2020-03-11
GOLDMAN SACHS ACC ETF CUSIP: XXX-XX-XXXX SYMBOL: GBIL   2019-02-14 2020-03-12
GOLDMAN SACHS ACC ETF CUSIP: XXX-XX-XXXX SYMBOL: GBIL     2020-03-13
GOLDMAN SACHS ACC ETF CUSIP: XXX-XX-XXXX SYMBOL: GBIL   2019-02-14 2020-03-19
GOLDMAN SACHS ACC ETF CUSIP: XXX-XX-XXXX SYMBOL: GBIL   2019-02-14 2020-03-30
GOLDMAN SACHS ACC ETF CUSIP: XXX-XX-XXXX SYMBOL: GBIL     2020-04-07
HSBC HLDGS PLC SPON ADR NEW CUSIP: XXX-XX-XXXX SYMBOL: HSBC   2014-01-23 2020-01-27
HEALTHPEAK PROPERTIES INC REIT CUSIP: 42250P103 SYMBOL: PEAK   2014-01-23 2020-09-29
HEALTHPEAK PROPERTIES INC REIT CUSIP: 42250P103 SYMBOL: PEAK   2014-01-23 2020-12-11
INTEL CORP CUSIP: XXX-XX-XXXX SYMBOL: INTO   2019-07-01 2020-07-20
INTEL CORP CUSIP: XXX-XX-XXXX SYMBOL: INTO   2019-07-01 2020-12-11
JPMORGAN CHASE & CO COM CUSIP: 46625H100 SYMBOL: JPM   2014-01-23 2020-03-12
JPMORGAN CHASE & CO COM CUSIP: 46625H100 SYMBOL: JPM   2014-01-23 2020-03-13
JPMORGAN CHASE & CO COM CUSIP: 46625H100 SYMBOL: JPM   2014-01-23 2020-09-29
JPMORGAN CHASE & CO COM CUSIP: 46625H100 SYMBOL: JPM   2014-01-23 2020-12-11
JOHNSON & JOHNSON CUSIP: XXX-XX-XXXX SYMBOL: JNJ   2014-01-23 2020-06-01
JOHNSON & JOHNSON CUSIP: XXX-XX-XXXX SYMBOL: JNJ   2014-01-23 2020-07-20
JOHNSON & JOHNSON CUSIP: XXX-XX-XXXX SYMBOL: JNJ   2014-01-23 2020-09-29
JOHNSON & JOHNSON CUSIP: XXX-XX-XXXX SYMBOL: JNJ   2014-01-23 2020-12-11
KIMBERLY-CLARK CORP CUSIP: XXX-XX-XXXX SYMBOL: KMB   2014-01-23 2020-07-20
KIMBERLY-CLARK CORP CUSIP: XXX-XX-XXXX SYMBOL: KMB   2014-01-23 2020-09-29
KIMBERLY-CLARK CORP CUSIP: XXX-XX-XXXX SYMBOL: KMB   2014-01-23 2020-12-11
LILLY ELI & CO CUSIP: XXX-XX-XXXX SYMBOL: LLY   2014-01-23 2020-07-20
LILLY ELI & CO CUSIP: XXX-XX-XXXX SYMBOL: LLY   2014-01-23 2020-08-31
LILLY ELI & CO CUSIP: XXX-XX-XXXX SYMBOL: LLY   2014-01-23 2020-12-11
MAGNA INTL INC CUSIP: XXX-XX-XXXX SYMBOL: MGA   2019-02-14 2020-06-01
MAGNA INTL INC CUSIP: XXX-XX-XXXX SYMBOL: MGA   2019-02-14 2020-09-29
MAGNA INTL INC CUSIP: XXX-XX-XXXX SYMBOL: MGA   2019-02-14 2020-12-11
MERCK & CO. INC CUSIP: 58933Y105 SYMBOL: MRK   2015-10-14 2020-09-29
MERCK & CO. INC CUSIP: 58933Y105 SYMBOL: MRK   2015-10-14 2020-12-11
MICROSOFT CORP CUSIP: XXX-XX-XXXX SYMBOL: MSFT   2014-01-23 2020-02-13
MICROSOFT CORP CUSIP: XXX-XX-XXXX SYMBOL: MSFT   2014-01-23 2020-06-01
MICROSOFT CORP CUSIP: XXX-XX-XXXX SYMBOL: MSFT   2014-01-23 2020-07-20
MICROSOFT CORP CUSIP: XXX-XX-XXXX SYMBOL: MSFT   2014-01-23 2020-08-05
MICROSOFT CORP CUSIP: XXX-XX-XXXX SYMBOL: MSFT   2014-01-23 2020-09-29
MICROSOFT CORP CUSIP: XXX-XX-XXXX SYMBOL: MSFT   2014-01-23 2020-12-11
NEXTERA ENERGY INC CUSIP: 65339F101 SYMBOL: NEE   2014-01-23 2020-07-20
NEXTERA ENERGY INC CUSIP: 65339F101 SYMBOL: NEE   2014-01-23 2020-10-14
NEXTERA ENERGY INC CUSIP: 65339F101 SYMBOL: NEE (CONTD)   2014-01-23 2020-12-11
NOVARTIS AG SPONSORED ADR CUSIP: 66987V109 SYMBOL: NVS   2017-03-31 2020-07-20
NOVARTIS AG SPONSORED ADR CUSIP: 66987V109 SYMBOL: NVS   2017-03-31 2020-09-29
NOVARTIS AG SPONSORED ADR CUSIP: 66987V109 SYMBOL: NVS     2020-12-11
PFIZER INC CUSIP: XXX-XX-XXXX SYMBOL: PFE   2017-09-15 2020-08-31
PFIZER INC CUSIP: XXX-XX-XXXX SYMBOL: PFE   2017-09-15 2020-09-29
PFIZER INC CUSIP: XXX-XX-XXXX SYMBOL: PFE   2017-09-15 2020-12-11
PHILIP MORRIS INTL INC CUSIP: XXX-XX-XXXX SYMBOL: PM   2014-01-23 2020-07-20
PHILIP MORRIS INTL INC CUSIP: XXX-XX-XXXX SYMBOL: PM   2014-01-23 2020-12-11
POWER CORP CDA CUSIP: XXX-XX-XXXX SYMBOL: PWCDF   2019-02-14 2020-09-29
POWER CORP CDA CUSIP: XXX-XX-XXXX SYMBOL: PWCDF   2019-02-14 2020-12-11
RAYTHEON TECHNOLOGIES CORP CUSIP: 75513E101 SYMBOL: RTX   2014-01-23 2020-12-11
RESOLUTE FST PRODS INC CUSIP: 76117W109 SYMBOL: RFP   2014-01-24 2020-12-11
ROYAL DUTCH SHELL PLC SPON ADR B CUSIP: XXX-XX-XXXX SYMBOL: RDSB     2020-03-12
SPX FLOW INC CUSIP: 78469X107 SYMBOL: FLOW   2015-10-14 2020-09-29
SPX FLOW INC CUSIP: 78469X107 SYMBOL: FLOW   2019-02-14 2020-12-11
SIEMENS A G SPONSORED ADR CUSIP: XXX-XX-XXXX SYMBOL: SIEGY   2017-09-18 2020-07-20
SIEMENS A G SPONSORED ADR CUSIP: XXX-XX-XXXX SYMBOL: SIEGY   2017-09-18 2020-09-29
SIEMENS A G SPONSORED ADR CUSIP: XXX-XX-XXXX SYMBOL: SIEGY   2017-09-18 2020-11-05
SIEMENS A G SPONSORED ADR CUSIP: XXX-XX-XXXX SYMBOL: SIEGY   2017-09-18 2020-12-11
TARGET CORP CUSIP: 87612E106 SYMBOL: TGT   2019-02-14 2020-09-29
TARGET CORP CUSIP: 87612E106 SYMBOL: TGT   2019-02-14 2020-11-03
TARGET CORP CUSIP: 87612E106 SYMBOL: TGT   2019-02-14 2020-12-11
3M CO/CUSIP: 88579Y101 SYMBOL: MMM   2014-01-23 2020-07-20
3M CO/CUSIP: 88579Y101 SYMBOL: MMM   2014-01-23 2020-09-29
3M CO/CUSIP: 88579Y101 SYMBOL: MMM   2014-01-23 2020-12-11
TRAVELERS COMPANIES INC CUSIP: 89417E109 SYMBOL: TRV   2014-01-23 2020-03-26
TRAVELERS COMPANIES INC CUSIP: 89417E109 SYMBOL: TRV   2014-01-23 2020-09-29
TRAVELERS COMPANIES INC CUSIP: 89417E109 SYMBOL: TRV   2014-01-23 2020-12-11
TRUIST FINL CORP CUSIP: 89832Q109 SYMBOL: TFC   2018-02-21 2020-07-20
TRUIST FINL CORP CUSIP: 89832Q109 SYMBOL: TFC     2020-12-11
UNILEVER PLC SPON ADR NEW CUSIP: XXX-XX-XXXX SYMBOL: UL   2014-01-23 2020-12-11
UNILEVER N V N Y SHS NEW CUSIP: XXX-XX-XXXX SYMBOL: UN   2014-01-23 2020-09-29
VIATRIS INC CUSIP: 92556V106 SYMBOL: VTRS (CONTD)     2020-11-27
VODAFONE GROUP PLC NEW SPONSORED ADR CUSIP 92857W308 SYMBOL: VOD   2014-01-23 2020-06-01
VODAFONE GROUP PLC NEW SPONSORED ADR CUSIP 92857W308 SYMBOL: VOD   2014-01-23 2020-09-29
VODAFONE GROUP PLC NEW SPONSORED ADR CUSIP 92857W308 SYMBOL: VOD     2020-12-11
WALGREENS BOOTS ALLIANCE INC CUSIP: XXX-XX-XXXX SYMBOL: WBA   2018-06-22 2020-12-11
WELLS FARGO CO NEW CUSIP: XXX-XX-XXXX SYMBOL: WFC     2020-05-08
WELLTOWER INC REIT/CUSIP: 95040Q104 SYMBOL: WELL   2014-01-23 2020-09-29
WELLTOWER INC REIT/CUSIP: 95040Q104 SYMBOL: WELL   2014-01-23 2020-11-10
WELLTOWER INC REIT/CUSIP: 95040Q104 SYMBOL: WELL   2014-01-23 2020-12-11
JOHNSON CTLS INTL PLC CUSIP: G51502105 SYMBOL: JOI     2020-12-11
LIBERTY GLOBAL PLC SHS CL C CUSIP: G5480U120 SYMBOL: LBTYK     2020-05-05
LIBERTY GLOBAL PLC SHS CL C CUSIP: G5480U120 SYMBOL: LBTYK   2016-02-16 2020-09-29
LIBERTY GLOBAL PLC SHS CL C CUSIP: G5480U120 SYMBOL: LBTYK     2020-12-11
CHUBB LIMITED CUSIP: H1467J104 SYMBOL: CB   2015-12-09 2020-07-20
CHUBB LIMITED CUSIP: H1467J104 SYMBOL: CB   2015-12-09 2020-12-11
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 141   149 -8
b 67   82 -15
c 676   815 -139
d 1,651   1,385 266
e 166   167 -1
482   581 -99
573   650 -77
71   85 -14
404   358 46
950   1,181 -231
576   663 -87
1,105   986 119
762   1,440 -678
2,011   2,456 -445
778   1,282 -504
721   741 -20
644   675 -31
94   109 -15
83   83 0
458   467 -9
861   975 -114
140   187 -47
303   373 -70
582   707 -125
3,911   3,909 2
5,432   5,411 21
154   174 -20
247   290 -43
572   591 -19
163   90 73
316   181 135
697   439 258
73   86 -13
76   86 -10
85   86 -1
1     1
59   61 -2
296     296
131   150 -19
90   150 -60
335   328 7
1     1
72   81 -9
583   1,240 -657
122   107 15
915   749 166
5,409   3,034 2,375
1,110   536 574
123   126 -3
104   108 -4
449   434 15
589   640 -51
122   112 10
387   336 51
641   587 54
515   520 -5
1,060   652 408
1,584   846 738
610   643 -33
717   1,280 -563
1,165   1,961 -796
1,329   1,659 -330
91   118 -27
1,105   1,422 -317
93   45 48
157   90 67
500   315 185
385   225 160
396   202 194
177   184 -7
148   271 -123
391   610 -219
991   752 239
438   376 62
143   83 60
417   473 -56
404   393 11
136   131 5
318   262 56
378   396 -18
437   820 -383
2,123   2,703 -580
291   351 -60
2,104   1,652 452
87   84 3
95   84 11
486   419 67
10,062   10,018 44
2,616   2,605 11
10,160   10,118 42
2,720   2,705 15
1,814   1,803 11
1,610   1,602 8
1,639   2,466 -827
163   204 -41
351   408 -57
60   48 12
198   192 6
89   56 33
97   56 41
191   113 78
2,279   1,070 1,209
1,476   926 550
748   463 285
885   556 329
1,991   1,204 787
430   304 126
147   101 46
408   304 104
167   55 112
594   219 375
321   110 211
215   255 -40
863   970 -107
1,981   1,634 347
165   99 66
499   298 201
554   108 446
1,639   323 1,316
206   36 170
1,062   180 882
835   144 691
1,697   287 1,410
827   266 561
301   89 212
734   221 513
89   66 23
174   131 43
554   392 162
530   497 33
109   106 3
577   471 106
73   83 -10
510   499 11
708   726 -18
1,869   1,614 255
514   275 239
307   874 -567
1,191   3,025 -1,834
470   403 67
1,262   728 534
65   70 -5
211   210 1
70   70 0
546   561 -15
156   71 85
158   71 87
685   285 400
157   134 23
161   134 27
348   268 80
649   582 67
109   83 26
270   166 104
251   378 -127
565   625 -60
472   324 148
121   81 40
171   132 39
251   1,079 -828
653   3,525 -2,872
1,484   3,938 -2,454
290   476 -186
1,470   3,231 -1,761
108   110 -2
482   384 98
382   329 53
684   676 8
1,156   1,734 -578
644   911 -267
1,333   1,687 -354
405   345 60
766   575 191
2,551     2,551
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       -8
b       -15
c       -139
d       266
e       -1
      -99
      -77
      -14
      46
      -231
      -87
      119
      -678
      -445
      -504
      -20
      -31
      -15
      0
      -9
      -114
      -47
      -70
      -125
      2
      21
      -20
      -43
      -19
      73
      135
      258
      -13
      -10
      -1
      1
      -2
      296
      -19
      -60
      7
      1
      -9
      -657
      15
      166
      2,375
      574
      -3
      -4
      15
      -51
      10
      51
      54
      -5
      408
      738
      -33
      -563
      -796
      -330
      -27
      -317
      48
      67
      185
      160
      194
      -7
      -123
      -219
      239
      62
      60
      -56
      11
      5
      56
      -18
      -383
      -580
      -60
      452
      3
      11
      67
      44
      11
      42
      15
      11
      8
      -827
      -41
      -57
      12
      6
      33
      41
      78
      1,209
      550
      285
      329
      787
      126
      46
      104
      112
      375
      211
      -40
      -107
      347
      66
      201
      446
      1,316
      170
      882
      691
      1,410
      561
      212
      513
      23
      43
      162
      33
      3
      106
      -10
      11
      -18
      255
      239
      -567
      -1,834
      67
      534
      -5
      1
      0
      -15
      85
      87
      400
      23
      27
      80
      67
      26
      104
      -127
      -60
      148
      40
      39
      -828
      -2,872
      -2,454
      -186
      -1,761
      -2
      98
      53
      8
      -578
      -267
      -354
      60
      191
      2,551
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 3,898
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................................ 1 162
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 162
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 162
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 600
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 438
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet438 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    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 ofbulletA UZZO COMPANY CPA'S PC Telephone no.bullet (914) 694-8800

    Located atbullet287 BOWMAN AVENUEPURCHASENY ZIP+4bullet10577
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MARY INGRISELLI PRESIDENT
    2.00
    0 0 0
    45 BARRY ROAD
    SCARSDALE,NY10583
    FRANK C INGRISELLI JR VICE PRESIDENT
    1.00
    0 0 0
    45 BARRY ROAD
    SCARSDALE,NY10583
    ELIZABETH INGRISELLI TREASURER
    1.00
    0 0 0
    33 GREENWICH AVENUE
    NEW YORK,NY10014
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 SUPPORT OF MEDICAL RESEARCH AND EMPLOYMENT FOR THE DEVELOPMENT AND BETTERMENT OF THE BEHAVIORAL HEALTH OF MEN, WOMEN AND YOUNG PEOPLE WITH MENTAL ILLNESS TO FULFILL THEIR GOALS AND DREAMS. 12,885
    2 SUPPORT OF RELIGIOUS INSTITUTIONS IN LOCAL COMMUNITY AND ARCHDIOCESE FOR CAPITAL PROJECTS AND RELIGIOUS PROGRAMS. 11,300
    3 SUPPORT OF EDUCATIONAL INSTITUTIONS AND MUSEUMS FOR THE BETTERMENT OF STUDENTS. 1,350
    4 SUPPORT OF LOCAL ATHLETIC ORGANIZATIONS FOR THE BETTERMENT OF YOUTH 200
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    190,056
    b
    Average of monthly cash balances.......................
    1b
    58,208
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    248,264
    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
    248,264
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,724
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    244,540
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    12,227
    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
    12,227
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    162
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    162
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    12,065
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    12,065
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    12,065
    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
    25,985
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    25,985
    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
    25,985
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 12,065
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016...... 9,439
    c From 2017...... 16,499
    d From 2018...... 27,120
    e From 2019...... 15,183
    fTotal of lines 3a through e........ 68,241
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 25,985
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2020 distributable amount..... 12,065
    e Remaining amount distributed out of corpus 13,920
    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 82,161
    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 ......
    82,161
    10 Analysis of line 9:
    a Excess from 2016.... 9,439
    b Excess from 2017.... 16,499
    c Excess from 2018.... 27,120
    d Excess from 2019.... 15,183
    e Excess from 2020.... 13,920
    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
    2016-01-08
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    BRAIN & BEHAVIOR RESEARCH FOUNDATION
    90 PARK AVE 16TH FL
    NEW YORK,NY10016
      NC SUPPORT OF SCIENTIFIC RESEARCH FOR CURES IN MENTAL ILLNESS. 2,500
    FRIENDS OF ODELL HOUSE ROCHAMBEAU
    425 RIDGE RD
    HARTSDALE,NY10530
      NC SUPPORT OF AMERICAN REVOLUTIONARY WAR MUSEUM AND HISTORY. 100
    CHURCH OF ST PIUS X
    91 SECOR RD
    SCARSDALE,NY10583
      NC SUPPORT OF THE RELIGIOUS GROUP IN THEIR MISSION OF IMPROVING THE CHRISTIAN COMMUNITY. 10,300
    DON BOSCO PREP
    492 FRANKLIN TURNPIKE
    RAMSEY,NJ07446
      NC SUPPORT OF THE SALESIANS OF DON BOSCO PREPATORY SCHOOL. 1,250
    FOUNTAIN HOUSE
    425 WEST 47TH ST
    NEW YORK,NY10036
      NC SUPPORT OF MEDICAL RESEARCH FOR THE DEVELOPMENT OF BEHAVIORAL HEALTH. 6,500
    SPECTRUM DESIGNS
    366 MAIN ST
    PORT WASHINGTON,NY11050
      NC SUPPORT OF PROVIDING JOBS TO ADULTS WITH AUTISM. 385
    WESTCHESTER GOLF ASSOCIATION
    49 KNOLLWOOD RD
    ELMSFORD,NY10523
      NC SUPPORT OF PROVIDING YOUNG PEOPLE LIFE CHANGING EXPERIENCES THROUGH GOLF. 200
    NATIONAL ALLIANCE ON MENTAL ILLNESS OF WESTCHESTER INC
    100 CLEARBROOK RD STE 181
    ELMSFORD,NY10523
      NC SUPPORT OF EFFORTS TO REDUCE THE STIGMA ATTACHED TO BRAIN DISORDERS. 2,500
    NEW YORK PRESBYTERIAN FUND
    525 E 68TH ST BOX 123
    NEW YORK,NY10065
      NC SUPPORT OF MEDICAL RESEARCH AND HOSPITAL CARE. 1,000
    NQAPIA
    PO BOX 1277 OLD CHELSEA STATION
    NEW YORK,NY10113
      NC SUPPORT OF THE ASIAN, SOUTH ASIAN, SOUTHEAST ASIAN, AND PACIFIC ISLANDER LGBTQ COMMUNITY. 250
    THE CARDINALS APPEAL
    1011 FIRST AVE 14TH FL
    NEW YORK,NY10022
      NC SUPPORT OF THE RELIGIOUS CHURCH IN THEIR MISSION OF IMPROVING THE CHRISTIAN COMMUNITY. 1,000
    Total .................................bullet 3a 25,985
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
        14 2  
    4 Dividends and interest from securities....     14 7,762  
    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 3,898  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 11,662 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    11,662
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    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
    BUILDING DREAMS FOUNDATION INC
     
    Employer identification number

    46-2303431
    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
    BUILDING DREAMS FOUNDATION INC
     
    Employer identification number
    46-2303431
    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
    MARY INGRISELLI
    45 BARRY ROAD
     
    SCARSDALE, NY10583

    $ 20,000


    (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
    BUILDING DREAMS FOUNDATION INC
     
    Employer identification number

    46-2303431
    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
    BUILDING DREAMS FOUNDATION INC
     
    Employer identification number

    46-2303431
    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:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    BUILDING DREAMS FOUNDATION INC
    EIN:
    46-2303431
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 1,200 0   0

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    BUILDING DREAMS FOUNDATION INC
    EIN:
    46-2303431
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MARKETABLE SECURITIES 201,498 243,670

    TY 2020 OtherExpensesSchedule
    Name:
    BUILDING DREAMS FOUNDATION INC
    EIN:
    46-2303431
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SERVICE FEES 15 0   0
    ANNUAL FILING CHARITABLE ORGS 100 0   0
    PORTFOLIO MANAGEMENT FEES 2,276 0   0


    TY 2020 TaxesSchedule
    Name:
    BUILDING DREAMS FOUNDATION INC
    EIN:
    46-2303431
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX BASED ON INVESTMENT INCOME 1,182 0   0
    FOREIGN TAX PAID 369 0   0