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
SWARTZ FOUNDATION TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)CO BGAPTS 501 MADISON AVE NO 1
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10022
A Employer identification number

22-6554026
B Telephone number (see instructions)

(212) 319-2700
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$95,289,932J 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 3,745 3,745  
4 Dividends and interest from securities... 689,391 689,391  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 24,417,829
b Gross sales price for all assets on line 6a 27,854,242
7 Capital gain net income (from Part IV, line 2)... 24,417,829
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 28,285 28,285  
12 Total. Add lines 1 through 11........ 25,139,250 25,139,250  
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).......        
c Other professional fees (attach schedule).... Click to see attachment 47,670 5,139   42,531
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 367,231 55,806   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 100,732 100,732   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 515,633 161,677   42,531
25 Contributions, gifts, grants paid....... 13,804,701 13,804,701
26 Total expenses and disbursements. Add lines 24 and 25 14,320,334 161,677   13,847,232
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 10,818,916
b Net investment income (if negative, enter -0-) 24,977,573
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 11,325,859 27,293,095 27,293,095
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)....... 544,557 Click to see attachment351,130 351,130
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).......... 70,616,695 Click to see attachment67,645,707 67,645,707
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) 82,487,111 95,289,932 95,289,932
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...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 82,487,111 95,289,932
29 Total net assets or fund balances (see instructions)..... 82,487,111 95,289,932
30 Total liabilities and net assets/fund balances (see instructions). 82,487,111 95,289,932
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
82,487,111
2
Enter amount from Part I, line 27a .....................
2
10,818,916
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,983,905
4
Add lines 1, 2, and 3 ..........................
4
95,289,932
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
95,289,932
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 STATE STREET ACCT# 1747 P 2020-01-01 2020-12-31
b STATE STREET ACCT# 1747 P 2019-01-01 2020-12-31
c 1433 SHS CROWDSTRIKE HOLDINGS INC P 2019-01-28 2020-01-14
d 2012 SHS TWILIO INC P 2014-05-28 2020-12-11
e 49305 SHS CROWDSTRIKE HOLDINGS INC P 2013-08-21 2020-12-10
2960 SHS FIVERR INTL LTD P 2020-06-05 2020-09-03
41026 SHS PAGERDUTY INC P 2019-01-01 2020-12-09
108 SHS PALO ALTO NETWORKS INC P 2015-09-02 2020-10-30
436,149 SHS SLACK TECHNOLOGIES INC P 2010-03-19 2020-12-28
997 SHS TENABLE HOLDINGS INC P 2012-08-17 2020-06-03
THRU PARTNERSHIPS P 2020-01-01 2020-12-31
THRU PARTNERSHIPS P 2019-01-01 2020-12-31
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 475,055   556,800 -81,745
b 2,669,559   2,039,163 630,396
c 84,349   11,679 72,670
d 677,566   21,622 655,944
e 4,586,370   65,807 4,520,563
308,183     308,183
1,134,901   110,958 1,023,943
23,783   3,403 20,380
15,665,456   215,274 15,450,182
30,214   3,161 27,053
    408,546 -408,546
2,193,451     2,193,451
5,355     5,355
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       -81,745
b       630,396
c       72,670
d       655,944
e       4,520,563
      308,183
      1,023,943
      20,380
      15,450,182
      27,053
      -408,546
      2,193,451
      5,355
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 24,417,829
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................................ 1 347,188
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........................... 3 347,188
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- ..... 5 347,188
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 380,517
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 270,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 650,517
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 10 303,329
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet303,329 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMAIN STREET CPA CO BRANDYWINE Telephone no.bullet (302) 234-5750

    Located atbullet7234 LANCASTER PIKE SUITE 300AHOCKESSINDE ZIP+4bullet19707
    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
    SEE ATTACHED PRESIDENT
    0.00     		0 0 0
    C/O BRANDYWINE 7234 LANCASTER PIKE
    SUITE 300A
    HOCKESSIN,DE19707
    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  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    74,598,896
    b
    Average of monthly cash balances.......................
    1b
    13,248,246
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    87,847,142
    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
    87,847,142
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,317,707
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    86,529,435
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,326,472
    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
    4,326,472
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    347,188
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    347,188
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,979,284
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,979,284
    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
    3,979,284
    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
    13,847,232
    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
    13,847,232
    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
    13,847,232
    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 3,979,284
    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...... 5,269,879
    b From 2016...... 6,445,419
    c From 2017...... 1,534,833
    d From 2018...... 795,476
    e From 2019...... 6,356,335
    fTotal of lines 3a through e........ 20,401,942
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 13,847,232
    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..... 3,979,284
    e Remaining amount distributed out of corpus 9,867,948
    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 30,269,890
    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) ...     		5,269,879
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		25,000,011
    10 Analysis of line 9:
    a Excess from 2016.... 6,445,419
    b Excess from 2017.... 1,534,833
    c Excess from 2018.... 795,476
    d Excess from 2019.... 6,356,335
    e Excess from 2020.... 9,867,948
    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).)
    SEE ATTACHED
    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
    BETHEL AME CHURCH
    40 WALK HILL STREET
    JAMAICA PLAIN,MA02130     		N/A 501(C)3 CHARITABLE CONTRIBUTION 75,000
    CAMPUS CRUSADE FOR CHRIST
    PO BOX 62822
    ORLANDO,FL32862     		N/A 501(C)3 CHARITABLE CONTRIBUTION 4,000
    CARNEGIE MELLON UNIVERSITY
    5000 FORBES AVENUE GSIA 213
    PITTSBURGH,PA15213     		N/A 501(C)3 CHARITABLE CONTRIBUTION AND STOCK DONATIONS 5,598,201
    CHRISTIAN CENTER OF PARK CITY
    1283 DEER VALLEY DRIVE
    PARK CITY,UT84068     		N/A 501(C)3 CHARITABLE CONTRIBUTION 725,000
    CORAOPOLIS COMMUNITY DEVELOPMENT
    PO BOX 40
    CORAOPOLIS,PA15108     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    EDINBORO UNIVERSITY
    219 MEADVILLE STREET
    EDINBORO,PA16444     		N/A 501(C)3 CHARTIABLE CONTRIBUTION 5,000
    ENVIRONMENTAL PROGRESS
    2569 TELEGRAPH AVENUE
    BERKELEY,CA94707     		N/A 501(C)3 CHARITABLE FOUNDATION 25,000
    FEATHERSTONE CENTER FOR THE ARTS
    PO BOX 1145
    OAK BLUFFS,MA02557     		N/A 501(C)3 CHARITABLE CONTRIBUTION 500
    FINE ARTS MUSEUM OF SAN FRANCISCO
    50 HAGIWARA TEA GARDEN DRIVE
    SAN FRANCISCO,CA94118     		N/A 501(C)3 CHARITABLE FOUNDATION 2,500
    FOOD FIX CAMPAIGN
    205 NORTH MICHIGAN AVE STE 3910
    CHICAGO,IL60601     		N/A 501(C)3 CHARITABLE CONTRIBUTION 50,000
    GREATER WASHINGTON EDUCATIONAL TELECOMMUNICATIONS ASSOCIATION INC
    3939 CAMPBELL AVENUE
    ARLINGTON,VA22206     		N/A 501(C)3 CHARITABLE CONTRIBUTION 100,000
    HARBOR HOMES OF MV
    PO BOX 4795
    VINEYARD HAVEN,MA02568     		N/A 501(C)3 CHARITABLE CONTRIBUTION 100,000
    HARVARD DIVINITY SCHOOL
    124 MOUNT AUBURN STREET
    CAMBRIDGE,MA02138     		N/A 501(C)3 CHARITABLE CONTRIBUTION 388,599
    HARVARD UNIVERSITY
    124 MOUNT AUBURN STREET
    CAMBRIDGE,MA02138     		N/A 501(C)3 STOCK DONATION- TENABLE HOLDINGS INC 4,636,401
    HINKSON CHRISTIAN ACADEMY
    PO BOX 2827
    GREENVILLE,NC27836     		N/A 501(C)3 CHARITABLE CONTRIBUTION 2,000
    IGREJA EVANGELICA ASSEMBLEIA DE DEUS SEMEAR INC
    PO BOX 1251
    VINEYARD HAVEN,MA02568     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    INTERNATIONAL JUSTICE MISSION
    PO BOX 96961
    WASHINGTON,DC20090     		N/A 501(C)3 CHARITABLE CONTRIBUTION 50,000
    ISLAND HOUSING TRUST
    PO BOX 779
    WEST TISBURY,MA25750     		N/A 501(C)3 CHARITABLE FOUNDATION 10,000
    KIMBALL ART CENTER
    638 PARK AVENUE
    PARK CITY,UT84060     		N/A 501(C)3 CHARITABLE CONTRIBUTION 5,000
    KPCW
    PO BOX 1372
    PARK CITY,UT84060     		N/A 501(C)3 CHARITABLE CONTRIBUTION 1,000
    MARION INSTITUTE
    202 SPRING STREET
    MARION,MA02738     		N/A 501(C)3 CHARITABLE CONTRIBUTION 55,000
    MARTHAS VINEYARD FILM FESTIVAL
    PO BOX 592
    CHILMARK,MA02535     		N/A 501(C)3 CHARITABLE CONTRIBUTION 15,000
    MARTHAS VINEYARD HOSPITAL
    PO BOX 1477
    OAK BLUFFS,MA02557     		N/A 501(C)3 CHARITABLE CONTRIBUTION 5,000
    MARTHAS VINEYARD MUSEUM
    PO BOX 1310
    EDGARTOWN,MA02539     		N/A 501(C)3 CHARITABLE CONTRIBUTION 25,000
    MERITUS COLLEGE FUND
    PO BOX 29024
    SAN FRANCISCO,CA94129     		N/A 501(C)3 CHARITABLE CONTRIBUTION 16,000
    MV COMMUNITY SERVICES
    11 EDGARTOWN ROAD
    VINEYARD HAVEN,MA02568     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    MV YOUTH
    PO BOX 65
    CHILMARK,MA02535     		N/A 501(C)3 CHARITABLE CONTRIBUTION 25,000
    NATIONAL MUSEUM OF WOMEN IN THE ARTS
    1250 NEW YORK AVENUE NW
    WASHINGTON,DC20005     		N/A 501(C)3 CHARITABLE CONTRIBUTION 50,000
    PAN MASS CHALLENGE
    77 4TH AVENUE
    NEEDHAM,MA02494     		N/A 501(C)3 CHARITABLE CONTRIBUTION 1,000
    PARK CITY SKI & SNOWBOARD
    PO BOX 981763
    PARK CITY,UT84098     		N/A 501(C)3 CHARITABLE CONTRIBUTION 25,000
    PARTNERS FOR JUSTICE INC
    360 CABRINI BLVD NO 8K
    NEW YORK,NY10040     		N/A 501(C)3 CHARITABLE CONTRIBUTION 50,000
    PBS UTAH
    PO BOX 27283
    SALT LAKE CITY,UT84127     		N/A 501(C)3 CHARITABLE CONTRIBUTION 25,000
    RED STOCKING FUND INC
    PO BOX 600
    EDGARTOWN,MA02539     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    RIGHT TO PLAY
    49 WEST 27TH ST SUITE 930
    NEW YORK,NY10001     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    ROCKEFELLER PHILANTHROPY ADVISORS- BREAKTHROUGH INSTITUTE FUND
    6 WEST 48TH STREET 10TH FLR
    NEW YORK,NY10036     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    SAFE & SOUND
    1757 WALLER STREET
    SAN FRANCISCO,CA94117     		N/A 501(C)3 CHARITABLE CONTRIBUTION 5,000
    SAIL MV
    110 MAIN STREET PO BOX 1998
    VINEYARD HAVEN,MA02568     		N/A 501(C)3 CHARITABLE CONTRIBUTION 1,000
    SALT LAKE CHRISTIAN FELLOWSHIP
    615 EAST SEGO LILY DRIVE
    SANDY,UT84070     		N/A 501(C)3 CHARITABLE CONTRIBUTION 5,000
    SAN FRANCISCO MUSEUM OF MODERN ART
    151 THIRD STREET
    SAN FRANCISCO,CA94103     		N/A 501(C)3 CHARITABLE CONTRIBUTION 20,000
    SAN FRANCISCO OPERA
    201 VAN NESS AVENUE
    SAN FRANCISCO,CA94102     		N/A 501(C)3 CHARITABLE CONTRIBUTION 25,000
    SHERIFF'S MEADOW FOUNDATION
    RRI BOX 319 X
    VINEYARD HAVEN,MA02568     		N/A 501(C)3 CHARITABLE CONTRIBUTION 3,000
    SHINING HOPE FOR COMMUNITIES
    175 VARICK STREET 5TH FLR
    NEW YORK,NY10014     		N/A 501(C)3 CHARITABLE CONTRIBUTION 12,000
    SUNDANCE INSTITUTE
    PO BOX 684429
    PARK CITY,UT84068     		N/A 501(C)3 CHARITABLE CONTRIBUTION 573,500
    THE CENTER FOR INVESTIGATIVE REPORTING
    1400 65TH STREET STE 200
    EMERYVILLE,CA94608     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    THE GROUNDTRUTH PROJECT INC
    10 GUEST STREET
    BOSTON,MA02135     		N/A 501(C)3 CHARITABLE CONTRIBUTION 50,000
    THE ISLAND AUTISM GROUP INC
    PO BOX 2786
    EDGARTOWN,MA02539     		N/A 501(C)3 CHARITABLE CONTRIBUTION 200,500
    THE MEMORIAL CHURCH OF HARVARD UNIVERSITY
    PO BOX 419209
    BOSTON,MA02241     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    THE METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVENUE
    NEW YORK,NY10028     		N/A 501(C)3 CHARITABLE CONTRIBUTION 25,000
    THE NATURE CONSERVANCY OF UTAH
    559 EAST SOUTH TEMPLE
    SALT LAKE CITY,UT84102     		N/A 501(C)3 CHARITABLE CONTRIBUTION 25,000
    THE PERMANENT ENDOWMENT FUND FOR MARTHA'S VINEYARD
    PO BOX 1182
    OAK BLUFFS,MA02557     		N/A 501(C)3 CHARITABLE CONTRIBUTION 3,000
    THE RIVENDELL INSTITUTE
    16 LYNWOOD PLACE
    NEW HAVEN,CT06511     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    THE SALT LAKE TRIBUNE
    90 SOUTH 400 WEST STE 700
    SALT LAKE CITY,UT84101     		N/A 501(C)3 CHARITABLE CONTRIBUTION 50,000
    THE TRINITY FORUM
    2011 PENNSYLVANIA AVE NW SUITE 250
    WASHINGTON,DC20006     		N/A 501(C)3 CHARITABLE CONTRIBUTION 1,000
    THE VINEYARD PLAYHOUSE
    PO BOX 2452
    VINEYARD HAVEN,MA02568     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    TIPPING POINT COMMUNITY
    703 MARKET STREET
    SAN FRANCISCO,CA94103     		N/A 501(C)3 CHARITABLE CONTRIBUTION 50,000
    UC DAVIS FOUNDATION
    1 SHIELDS AVENUE
    DAVIS,CA95616     		N/A 501(C)3 CHARITABLE CONTRIBUTION 15,000
    UCSF FOUNDATION
    220 MONTGOMERY STREET 5TH FLR
    SAN FRANCISCO,CA94143     		N/A 501(C)3 CHARITABLE CONTRIBUTION 5,000
    UNION CHAPEL EDUCATIONAL AND CULTURAL INSTITUTE LLC
    9 HIBBARD ROAD
    NEWTON,MA02458     		N/A 501(C)3 CHARITABLE CONTRIBUTION 25,000
    US SKI & SNOWBOARD ASSOCIATION
    PO BOX 100
    PARK CITY,UT84060     		N/A 501(C)3 CHARITABLE CONTRIBUTION 178,000
    UTAH FILM CENTER
    122 SOUTH MAIN STREET
    SALT LAKE CITY,UT84101     		N/A 501(C)3 CHARITABLE CONTRIBUTION 181,000
    UTAH MUSEUM OF FINE ARTS
    410 CAMPUS CENTER DRIVE
    SALT LAKE CITY,UT84112     		N/A 501(C)3 CHARITABLE CONTRIBUTION 1,000
    UTAH SYMPHONY & OPERA
    123 WEST SOUTH TEMPLE
    SALT LAKE CITY,UT84101     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    VGC FOUNDATION INC
    PO BOX 96961
    EDGARTOWN,MA02539     		N/A 501(C)3 CHARITABLE CONTRIBUTION 500
    VINEYARD HOUSE INC
    PO BOX 4599
    VINEYARD HAVEN,MA02568     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    VINEYARD TRUST
    PO BOX 5277
    EDGARTOWN,MA02539     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    YMCA OF MARTHA'S VINEYARD INC
    PO BOX 881
    VINEYARD HAVEN,MA02568     		N/A 501(C)3 CHARITABLE CONTRIBUTION 150,000
    Total .................................bullet 3a 13,804,701
    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 3,745  
    4 Dividends and interest from securities....     14 689,391  
    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.....     14 28,285  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 24,417,829  
    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 25,139,250 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    25,139,250
    (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

    TY 2020 ExplnOfNonFilingWithAGStmt
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Statement:
    WE ARE AN EXEMPT CHARITY NOT REQUIRED TO REGISTER.

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Name of Stock End of Year Book Value End of Year Fair Market Value
    IVANPLATS LIMITED 168,965 168,965
    CROWDSTRIKE HOLDINGS LLC 182,165 182,165

    TY 2020 InvestmentsOtherSchedule2
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ACCEL 98 AT COST 176,328 176,328
    ACCEL EUROPE 2004 AT COST 124,526 124,526
    ACCEL EUROPE 2005 AT COST 97,083 97,083
    ACCEL 2005 AT COST 83,939 83,939
    ACCEL LONDON 2006 AT COST 33,812 33,812
    ACCEL MERITECH III AT COST 6,626 6,626
    IDG-ACCEL CHINA AT COST 146,829 146,829
    PACIFIC COMMUNITY VENTURES III AT COST 34,767 34,767
    ACCEL 2007 AT COST 104,561 104,561
    ACCEL LONDON 2007 AT COST 70,047 70,047
    ACCEL-KKR II AT COST 4,897 4,897
    IDG-ACCEL CHINA II AT COST 355,196 355,196
    ACCEL INVESTORS 2008 AT COST 272,824 272,824
    ACCEL LONDON INVESTORS 2008 AT COST 41,851 41,851
    ACCEL INVESTORS 2009 AT COST 28,011 28,011
    ACCEL INVESTORS 2010 AT COST 253,676 253,676
    SEMBENE! AT COST 1,729 1,729
    IDG-ACCEL CHINA III INVESTORS AT COST 784,851 784,851
    MCP IV (A) INVESTORS LLC AT COST 141,395 141,395
    ACCEL GROWTH FUND INVESTORS 2012 AT COST 284,223 284,223
    ACCEL INV. 2012 AT COST 309,153 309,153
    ACCEL-KKR IV INVESTORS AT COST 739,276 739,276
    ACCEL 2013 AT COST 183,893 183,893
    ACCEL GROWTH FUND INVESTORS 2013 AT COST 829,592 829,592
    SCS US EQUITY FUND AT COST 6,986,509 6,986,509
    NEW GENERATION TURNAROUND FD (DELAWARE) AT COST 1,163,183 1,163,183
    THE CRASH REEL AT COST 148 148
    THE C WORD FKA A MATTER OF LIFE AT COST 2,670 2,670
    AGAINST THE CLOCK AT COST 10,822 10,822
    PRIDE AT COST 12,597 12,597
    ACCEL GROWTH FUND INVESTORS 2014 AT COST 1,445,943 1,445,943
    ACCEL INVESTORS 2014 AT COST 670,315 670,315
    SCS PARTNERS AT COST 41,973,257 41,973,257
    ACCEL INDIA IV INVESTORS LLC AT COST 535,814 535,814
    SOUNDS OF SACHAL AT COST 4,164 4,164
    DEATH BY DESIGN AT COST 4,090 4,090
    NIGHT SCHOOL AT COST 299 299
    NOTES ON BLINDNESS AT COST 1,502 1,502
    ICARUS AT COST 37,426 37,426
    ACCEL INVESTORS 2016 LLC AT COST 484,051 484,051
    ACCEL LONDON INVESTORS 2016 LLC AT COST 1,846,328 1,846,328
    THE EVIL WE KNOW AT COST 12,000 12,000
    NO MANS LAND FKA ME THE PEOPLE AT COST 13,631 13,631
    DINA AT COST 4,270 4,270
    ACCEL GROWTH FUND INVESTORS 2016 LLC AT COST 1,394,642 1,394,642
    ACCEL INDIA V INVESTORS LLC AT COST 823,696 823,696
    ACCEL LEADERS FUND INVESTORS 2016 AT COST 309,719 309,719
    BISBEE'17 AT COST 10,812 10,812
    THE FEELING OF BEING WATCHED AT COST 4,496 4,496
    UNTITLED INDUSTRIAL MUSICALS PROJECT AT COST 8,924 8,924
    FATHERS AND SONS AT COST 836 836
    UNTITLED MICHAEL BRODY PROJECT AT COST 13,462 13,462
    FLY FILM AT COST 20,917 20,917
    ICARUS 2 AT COST 128,250 128,250
    OUR NEW PRESIDENT AT COST 63,576 63,576
    SHOOTING THE MAFIA AT COST 15,457 15,457
    THE BLUE WALL AT COST 7,318 7,318
    THE FOURTH ESTATE AT COST 6,337 6,337
    THE TELEVISION EVENT AT COST 6,462 6,462
    UNTITLED HOLLYWOOD PROJECT AT COST 9,524 9,524
    LITTLE G AT COST 1,852 1,852
    UNTITLED AGAINST WILSON PROJECT AT COST 23,810 23,810
    THE BIGGEST LITTLE FARM AT COST 2,002 2,002
    UNTITLED PARKLAND PROJECT AT COST 17,593 17,593
    ATHLETE A AT COST 23,651 23,651
    UNTITLED CLAY TWEEL AT COST 265,954 265,954
    IMPACT PARTNERS DEVELOPMENT PROJECTS AT COST 13,571 13,571
    ACCEL LONDON VI INVESTORS 2019 LP AT COST 517,258 517,258
    ACCEL LEADERS FUND II INVESTORS 2019 LP AT COST 940,890 940,890
    ACCEL INDIA VI INVESTORS 2019 LLC AT COST 178,605 178,605
    ACCEL XIV INVESTORS 2019 LLC AT COST 439,653 439,653
    ACCEL GROWTH FUND V INVESTORS 2019 LP AT COST 1,487,731 1,487,731
    GO GIGI GO PRODUCTIONS LLC AT COST 9,349 9,349
    RAVI FILMS LLC AT COST 8,336 8,336
    ZORRO & ME HOLDINGS LLC AT COST 51,671 51,671
    THE TECH MOVIE LLC AT COST 181 181
    ACCEL LONDON VI INVESTORS 2020 LP AT COST 322,509 322,509
    THE GRAB AT COST 8,333 8,333
    FOUND AT COST 12,000 12,000
    UNTITLED JR PROJECT AT COST 175,000 175,000
    HUNGER STORY AT COST 3,226 3,226

    TY 2020 OtherExpensesSchedule
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    THRU PARTNERSHIPS 100,732 100,732   0


    TY 2020 OtherIncomeSchedule2
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ORD INCOME (LOSS) THRU PARTNERSHIPS 28,285 28,285 28,285


    TY 2020 OtherIncreasesSchedule
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Description Amount
    ADJUSTMENT TO INVESTMENT COSTS-UNREALIZED 1,983,905


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 40,000 0   40,000
    PLEASANTVILLE TAX SERVICES 7,670 5,139   2,531


    TY 2020 TaxesSchedule
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES THRU PARTNERSHIPS 50,459 50,459   0
    FOREIGN TAXES THRU STATE STREET 5,347 5,347   0
    FEDERAL EXCISE TAX 311,425 0   0