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
DAVID & FATEN BLACK FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)c/o S DOMENECH 644 Bayshore Drive
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Tarpon Springs, FL34689
A Employer identification number

46-1350510
B Telephone number (see instructions)

(813) 389-2513
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$1,762,869J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 10,937 10,937  
4 Dividends and interest from securities... 17,250 17,250  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 27,734
b Gross sales price for all assets on line 6a 1,004,789
7 Capital gain net income (from Part IV, line 2)... 27,734
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 1,386 1,386  
12 Total. Add lines 1 through 11........ 57,307 57,307  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 104,875 56,800    
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 15,952      
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 8,916 8,916    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 9,832 5,604    
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,264 1,264  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,667      
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 9,104 5,189    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 151,610 77,773   0
25 Contributions, gifts, grants paid....... 206,242 206,242
26 Total expenses and disbursements. Add lines 24 and 25 357,852 77,773   206,242
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -300,545
b Net investment income (if negative, enter -0-) 0
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............. 4,837 29,944 29,944
2 Savings and temporary cash investments......... 772,459 264,464 264,462
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)....... 931,868 Click to see attachment1,056,120 1,234,255
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 bullet9,359
Less: accumulated depreciation (attach schedule) bullet5,229 3,072 Click to see attachment4,130 4,130
15 Other assets (describe bullet) Click to see attachment42,468 Click to see attachment230,078 Click to see attachment230,078
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,754,704 1,584,736 1,762,869
Liabilities 17 Accounts payable and accrued expenses.......... 17,856 13,402
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)......... 17,856 13,402
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........... 1,736,848 1,571,334
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)..... 1,736,848 1,571,334
30 Total liabilities and net assets/fund balances (see instructions). 1,754,704 1,584,736
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
1,736,848
2
Enter amount from Part I, line 27a .....................
2
-300,545
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
135,031
4
Add lines 1, 2, and 3 ..........................
4
1,571,334
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
1,571,334
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 BUFFALO DISCOVERY FUND P 2019-08-21 2020-01-28
b BUFFALO DISCOVERY FUND P 2019-12-18 2020-01-28
c BUFFALO DISCOVERY FUND P 2019-12-18 2020-01-28
d PIMCO INCOME FUND P 2019-06-04 2020-07-29
e BLAIR WILLIAM SMALL MID P 2019-12-12 2020-05-04
BLAIR WILLIAM SMALL MID P 2018-07-12 2020-05-04
BLAIR WILLIAM SMALL MID P 2018-07-25 2020-05-04
BLAIR WILLIAM SMALL MID P 2018-12-13 2020-05-04
BLAIR WILLIAM SMALL MID P 2019-12-12 2020-05-04
INVESCO QQQ TRUST ETF P 2019-08-06 2020-05-29
INVESCO QQQ TRUST ETF P 2019-08-06 2020-05-15
INVESCO QQQ TRUST ETF P 2019-08-06 2020-05-05
INVESCO QQQ TRUST ETF P 2019-08-19 2020-05-29
INVESCO QQQ TRUST ETF P 2019-08-21 2020-06-24
INVESCO QQQ TRUST ETF P 2019-08-21 2020-05-29
INVESCO QQQ TRUST ETF P 2019-11-05 2020-06-24
INVESCO QQQ TRUST ETF P 2020-02-27 2020-06-24
CLEARBRIDGE P 2018-07-31 2020-01-06
CLEARBRIDGE P 2018-08-15 2020-01-06
CLEARBRIDGE P 2018-12-07 2020-01-06
CLEARBRIDGE P 2018-12-07 2020-01-06
CLEARBRIDGE P 2019-08-06 2020-01-06
CLEARBRIDGE P 2018-12-07 2020-01-06
FIRST TRUST VALUE LINE P 2018-07-05 2020-05-06
FIRST TRUST VALUE LINE P 2018-07-05 2020-08-20
FIRST TRUST VALUE LINE P 2018-07-31 2020-08-20
FIRST TRUST VALUE LINE P 2018-08-15 2020-08-20
FIRST TRUST VALUE LINE P 2019-06-13 2020-08-20
FIRST TRUST VALUE LINE P 2019-06-13 2020-08-26
FIRST TRUST VALUE LINE P 2019-08-06 2020-08-26
ISHARES 7-10 YEAR TREAS P 2020-04-29 2020-10-02
ISHARES 7-10 YEAR TREAS P 2020-05-08 2020-10-02
ISHARES 7-10 YEAR TREAS P 2020-05-13 2020-10-02
ISHARES 7-10 YEAR TREAS P 2020-05-29 2020-10-02
ISHARES 7-10 YEAR TREAS P 2020-05-29 2020-11-05
ISHARES 7-10 YEAR TREAS P 2020-06-25 2020-11-05
LEGG MASON WESTON ASSET P 2019-04-10 2020-11-05
LEGG MASON WESTON ASSET P 2019-11-05 2020-11-05
LEGG MASON WESTON ASSET P 2019-12-18 2020-11-05
LEGG MASON WESTON ASSET P 2019-12-18 2020-11-05
LEGG MASON WESTON ASSET P 2019-12-18 2020-11-05
UBS ULTRA SHORT INCOME P 2020-04-02 2020-04-27
UBS ULTRA SHORT INCOME P 2020-04-02 2020-12-16
UBS ULTRA SHORT INCOME P 2020-04-02 2020-11-05
UBS ULTRA SHORT INCOME P 2020-04-30 2020-12-16
UBS ULTRA SHORT INCOME P 2020-05-29 2020-12-16
UBS ULTRA SHORT INCOME P 2020-06-30 2020-12-16
UBS ULTRA SHORT INCOME P 2020-07-31 2020-12-16
UBS ULTRA SHORT INCOME P 2020-08-06 2020-12-16
UBS ULTRA SHORT INCOME P 2020-08-31 2020-12-16
UBS ULTRA SHORT INCOME P 2020-09-30 2020-12-16
UBS ULTRA SHORT INCOME P 2020-10-30 2020-12-16
UBS ULTRA SHORT INCOME P 2020-11-30 2020-12-16
UBS ULTRA SHORT INCOME P 2020-12-10 2020-12-16
(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 66,589   72,400 -5,811
b 8,102   7,785 317
c 1,855   1,782 73
d 20,000   20,623 -623
e 4,537   5,092 -555
44,046   51,716 -7,670
13,084   15,428 -2,344
175   171 4
5,925   5,808 117
9,430   7,497 1,933
67,092   55,769 11,323
10,479   8,777 1,702
35,879   29,339 6,540
10,715   8,313 2,402
1,611   1,322 289
1,461   1,201 260
38,478   32,955 5,523
1,025   932 93
40,672   37,075 3,597
1,278   1,050 228
397   326 71
8,061   7,563 498
3,485   2,862 623
27,033   28,555 -1,522
6,769   6,416 353
7,442   7,295 147
28,166   27,505 661
19,889   20,928 -1,039
16,391   17,114 -723
11,962   12,203 -241
11,193   11,227 -34
22,872   22,854 18
55,964   56,095 -131
8,395   8,405 -10
6,048   6,091 -43
102,814   103,477 -663
46,732   45,706 1,026
11,328   11,815 -487
1,762   1,688 74
3,170   3,036 134
1,369   1,312 57
23,350   23,209 141
27,725   27,391 334
50,000   49,399 601
101   100 1
80   80  
62   62  
48   48  
109,000   109,000  
66   66  
72   72  
61   61  
46   46  
13   13  
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       -5,811
b       317
c       73
d       -623
e       -555
      -7,670
      -2,344
      4
      117
      1,933
      11,323
      1,702
      6,540
      2,402
      289
      260
      5,523
      93
      3,597
      228
      71
      498
      623
      -1,522
      353
      147
      661
      -1,039
      -723
      -241
      -34
      18
      -131
      -10
      -43
      -663
      1,026
      -487
      74
      134
      57
      141
      334
      601
      1
       
       
       
       
       
       
       
       
       
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 27,734
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 25,304
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 0
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  
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  
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   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)
    bulletFL, NY
    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 O N E
    14
    The books are in care ofbulletSAIDAH DOMENECH Telephone no.bullet (813) 389-2513

    Located atbullet644 Bayshore DriveTarpon SpringsFL ZIP+4bullet34689
    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
    RUTH GLENN HIRSHFELD President
    012.00     		66,844    
    2639 SILVERMOSS DR
    WESLEY CHAPEL,FL33544
    SAIDAH DOMENECH Chairperson /Treasurer
    000.50     		0    
    644 Bayshore Drive
    TARPON SPRINGS,FL34689
    DONALD F WILKENS CFO
    006.00     		38,031    
    9 HUNTLEY ROAD
    EASTCHESTER,NY10709
    MITCHELL C RAY Secretary
    000.50     		0    
    5125 Palm Springs Blvd Unit 2101
    TAMPA,FL33647
    SILVIA DIEHL Director
    000.25     		0    
    9624 Birnamwood Street
    Riverview,FL33569
    KENETH BLACK Director
    000.25     		0    
    114-24 203RD STREET
    ST ALBANS,NY11412
    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
     
    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
     
    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 Building on the autism work of Reading Rockets,WETA produced a new section about how schools can incorporate social & emotional learning into the daily routines of language arts instruction for elementary students. While devised to help educators work more effectively with autistic students, it includes whole school best practices. 50,000
    2 To support an inclusive corporate environment promoting disability awareness, WEDU highlighted local nfp organizations that embrace the abilities of all individuals through arts and culture, hosted a COVID related virtual townhall entitled Coping with Crisis and supported meaningful internships for autistic young adults. 28,700
    3 USF Foundation received funding for distribution to The Center for Autism & Related Disabilities (CARD) and The Learning Academy (TLA). Funding supported CARD staff needs in the delivery of services on a remote platform, the creation of Diversity Equity & Inclusion initiatives as well as for TLAs Tech2Work and transition programming. 20,486
    4 In response to Covid-19 limitations, under Move to Include programming and utilizing a digital platform, WGCU created a podcast training workshop to help give voice, foster social engagement, reduce social isolation and offer a new skillset to a group of autistic young adults located in WGCUs catchment area. 20,000
    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 The Foundation loaned $ 50,000 to DFB&T, Inc., dba Hukama, a 501(c)(3) non profit for start up expenses. Hukama was formed to assist dental and medical practices to understand and welcome autistic children through the development and sale of a comprehensive training manual with supporting toolkit. 50,000
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet50,000
    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
    1,100,000
    b
    Average of monthly cash balances.......................
    1b
    65,000
    c
    Fair market value of all other assets (see instructions)................
    1c
    638,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,803,000
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    1,803,000
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    27,045
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,775,955
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    88,798
    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
    88,798
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    88,798
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    88,798
    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
    88,798
    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 Click to see attachment..........
    1a
    206,242
    b
    Program-related investments—total from Part IX-B..................
    1b
    50,000
    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
    256,242
    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
    256,242
    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 88,798
    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...... 123,857
    b From 2016...... 121,159
    c From 2017...... 65,641
    d From 2018...... 93,402
    e From 2019...... 72,422
    fTotal of lines 3a through e........ 476,481
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 256,242
    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)........     		 
    d Applied to 2020 distributable amount..... 88,798
    e Remaining amount distributed out of corpus 167,444
    5 Excess distributions carryover applied to 2020.    
    (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 5 643,925
    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) ...     		123,857
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		520,068
    10 Analysis of line 9:
    a Excess from 2016.... 121,159
    b Excess from 2017.... 65,641
    c Excess from 2018.... 93,402
    d Excess from 2019.... 72,422
    e Excess from 2020.... 167,444
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NA
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NA
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    WETA (Anna BerkeOfficer)
    3939 Campbell Avenue
    Arlington,VA22206     		NONE PC To expand the Reading Rockets platform integrate resources to increase social/emotional learning 50,000
    WEDU (Joyce Cotton Director of Marketing)
    1300 North Boulevard
    Tampa,FL33607     		NONE PC To support and highlight inclusionthrough production, employment and arts/culture in Central Florida 28,700
    U S F FOUNDATION ( H Behrend Ass Dir)
    13301 Bruce B Downs Blvd
    Tampa,FL33612     		NONE PC Support CARDs shift to a virtual platform DEI initiatives and TLA Tech2Work transition programs 20,486
    WGCU (Amy Shumaker Assoc Gen Mgr Content)
    10501 FGCU Blvd South
    Fort Meyer,FL33965     		NONE PC Under the Move to Include platform autistic adults were provided with comprehensive podcast training. 20,000
    WNET (Sandra Sheppard Director Kids Media)
    825 8th Avenue
    New York,NY10019     		NONE PC Recognizing varied developmental challenges, parenting programing w/relatable solutions was created. 20,000
    FSU CARD AUTISM INSTITUTE (C Zenko Director)
    2312 Killearn Ctr Blvd Building A
    Tallahassee,FL32309     		NONE PC Virtual community outreach, client engagement development of an inclusive music program 12,500
    WESTCHESTER JEWISH COMMUNITY SERV
    141 North Central Avenue
    Hartsdale,NY10530     		NONE PC Pandemic related support for autistic children their families via caring packages initiative 10,000
    SOUTH FLORIDA PBS (D Sudhkeo CEO )
    3401 South Congress Ave
    Boynton Beach,FL33426     		NONE PC Funding was used to create informational segments regarding autism redefining social barriers 10,000
    DONORS CHOOSE (Geoff Hill CFO)
    134 West 37th Street 11th floor
    New York,NY10018     		NONE PC Provide public school teachers additional tools supplies to support hybrid-virtual learning 8,966
    ART4ALL FLORIDA INC ( Wendy Finklea )
    4202 E Fowler Ave EDU-105
    Tampa,FL33620     		NONE PC Purchase hardware / software to support state-wide virtual arts programming for autistic students 6,000
    MC DONALD'S TRANING Ctr (Karenne Levy Pres)
    5420 West Cypress Street
    Tampa,FL336071706     		NONE PC Support Tech2Work Program to enable young autistic adults to learn technology workplace skills 5,000
    INFINITY TOMORROW (Errol Seltzer)
    134 West 37th Street 2nd floor
    Fair Lawn,NJ07410     		NONE PC To decrease social isolation of autistic young adults during COVID electronic devices were purchased 4,000
    NORTHWESTERN UNIVERSITY
    1999 Campus Drive Suite J
    Evanston,IL60201     		NONE PC Create multi-sensory theatre experiences for autistic children an Inclusive Theatre Festival 3,090
    YES SHE CAN (Marjorie Madfis)
    4 Maritime Avenue Store 2B
    White Plains,NY10606     		NONE PC Through authentic work experience help young autistic women develop transferable job workplace skills 3,000
    AUTISM AWARENESS THRIFT SHOP (J Band Pres )
    2908 West Hillsborough Ave
    Tampa,FL33614     		NONE PC Funding programs that focus on increased independence through vocational training life skills support 2,500
    GEORGE WASHINGTON UNIVERSITY
    1922 F Street NW Suite 321
    WASHINGTON,DC20052     		NONE PC Supporting Cultural Linguistic Diversity Initiatives for autistic kids in Phillys Chinatown community 2,000
    Total .................................bullet 3a 206,242
    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 ...........     		        10,937
    4 Dividends and interest from securities....         17,250
    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 ............     		        27,734
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOther Miscelllaneous Income     		        1,386
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..     57,307
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    57,307
    (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.)
    3 - 4 Assumption that Exempt Organizations generate income from program activities DOES NOT APPLY to the David
    3 - 4 Faten Black Foundation since it was funded entirely by the Faten T. Black Estate. Money received was invested
    3 - 4 at UBS Financial to maximize returns ROI such as dividend interest income in addition to capital gains
    3 - 4 in order to provide gifts/grant contributions to benefit both Public Television as well as to fund programs
    3 - 4 and services for people with Autism, Aspergers and PDD-NOF.
    8 Represents realized gains/losses on sale of securities held to generate income for charitable purpose. see Pt IV support
    11 Represents several other miscellaneous insignificant items
    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: 20011422
    Software Version: 20.0.2.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    DAVID & FATEN BLACK FOUNDATION INC
    EIN:
    46-1350510
    Software ID:
    20011422
    Software Version:
    20.0.2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes

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

    TY 2020 DepreciationSchedule
    Name:
    DAVID & FATEN BLACK FOUNDATION INC
    EIN:
    46-1350510
    Software ID:
    20011422
    Software Version:
    20.0.2.0
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    FURNI EQUIP / iPads / Computers 2016-01-01 9,359 4,920 SL 0000000007.000000000000 1,264 1,264    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    DAVID & FATEN BLACK FOUNDATION INC
    EIN:
    46-1350510
    Software ID:
    20011422
    Software Version:
    20.0.2.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1050 shares of DELAWARE EMERGING MKTS FD DEMIX 20,003 27,072
    4538 shares of DESTRA FLAHERTY PREF INC FD DPIIX 82,300 84,913
    2115 shares of VIRTUS KAR SMALL CAP GRWTH PXSGX 77,145 113,231
    400 shares of SPDR DOW JONES INDUST AVER DIA 119,142 143,110
    2386 shares of ALGER SMALD CAP OCUS FD CL Z FB 53,795 78,662
    607 shares of INVESCO QQQ TRUST QQQ 95,068 125,496
    11691 shares of PIMCO INCOME FUND PONPX 140,591 141,589
    1461 shares of MORGAN STANLEY INTL ADVANTAGE 29,968 39,538
    6397 shares of USB QUALITY GROWTH QGRPX 70,525 73,059
    2278 shares of VIRTUS KAR MID CAP GRWTH PICMX 120,644 160,746
    30436 shares of EATON VANCE SHT D GOVT FD EILDX 246,939 246,839

    TY 2020 InvestmentsOtherSchedule2
    Name:
    DAVID & FATEN BLACK FOUNDATION INC
    EIN:
    46-1350510
    Software ID:
    20011422
    Software Version:
    20.0.2.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value

    TY 2020 LandEtcSchedule2
    Name:
    DAVID & FATEN BLACK FOUNDATION INC
    EIN:
    46-1350510
    Software ID:
    20011422
    Software Version:
    20.0.2.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture / iPads / Computers 9,359 5,229 4,130 4,130


    TY 2020 LegalFeesSchedule
    Name:
    DAVID & FATEN BLACK FOUNDATION INC
    EIN:
    46-1350510
    Software ID:
    20011422
    Software Version:
    20.0.2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL EXPENSE 15,952      


    TY 2020 OtherAssetsSchedule
    Name:
    DAVID & FATEN BLACK FOUNDATION INC
    EIN:
    46-1350510
    Software ID:
    20011422
    Software Version:
    20.0.2.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Unrealized Gain On Investments held at UBS Financial 42,468 178,134 178,134
    Note Receivable from DBFT Inc. dba Hukuma 501c3 Non Profit   51,944 51,944


    TY 2020 OtherExpensesSchedule
    Name:
    DAVID & FATEN BLACK FOUNDATION INC
    EIN:
    46-1350510
    Software ID:
    20011422
    Software Version:
    20.0.2.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TELEPHONE 4,879 2,781    
    INSURANCE 666 380    
    EQUIPMENT MAINTENANCE SUPPLIES 2,883 1,643    
    GOVERNMENT FILING FEES 250 142    
    POSTAGE AND DELIVERY 197 112    
    OTHER MISCELLANEOUS COSTS 229 131    


    TY 2020 OtherIncomeSchedule2
    Name:
    DAVID & FATEN BLACK FOUNDATION INC
    EIN:
    46-1350510
    Software ID:
    20011422
    Software Version:
    20.0.2.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS OT HER INCOME 1,386 1,386  


    TY 2020 OtherIncreasesSchedule
    Name:
    DAVID & FATEN BLACK FOUNDATION INC
    EIN:
    46-1350510
    Software ID:
    20011422
    Software Version:
    20.0.2.0
    Description Amount
    Unrealized Securites Gain Loss / Mark to Market 135,031


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    DAVID & FATEN BLACK FOUNDATION INC
    EIN:
    46-1350510
    Software ID:
    20011422
    Software Version:
    20.0.2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    U. B. S INVTMT MGMT FEES / BANK CHGR 7,836 7,836    
    MISC CONTRACT SERVICES 905 905    
    Annual Fee on CD Investment 175 175    


    TY 2020 TaxesSchedule
    Name:
    DAVID & FATEN BLACK FOUNDATION INC
    EIN:
    46-1350510
    Software ID:
    20011422
    Software Version:
    20.0.2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 9,832 5,604