Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
The Francine A LeFrak Foundation Inc
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

27-1752212
B Telephone number (see instructions)

(800) 839-1754
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$11,558,531J 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) 5,278,143
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,113 1,113  
4 Dividends and interest from securities... 111,135 111,135  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 553,866
b Gross sales price for all assets on line 6a 7,638,526
7 Capital gain net income (from Part IV, line 2)... 1,758,043
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 109 109  
12 Total. Add lines 1 through 11........ 5,944,366 1,870,400  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 216,000     216,000
14 Other employee salaries and wages...... 40,298     40,298
15 Pension plans, employee benefits....... 15,586     15,586
16a Legal fees (attach schedule)......... Click to see attachment 19,453 0 0 19,453
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 95,575 65,095   30,480
17 Interest............... 4 4    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 18,143 248    
19 Depreciation (attach schedule) and depletion... Click to see attachment 12,410 0 0
20 Occupancy.............. 5,196     5,196
21 Travel, conferences, and meetings....... 12,901     12,901
22 Printing and publications.......... 519     519
23 Other expenses (attach schedule)....... Click to see attachment 60,958 106   60,852
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 497,043 65,453 0 401,285
25 Contributions, gifts, grants paid....... 5,185,227 5,185,227
26 Total expenses and disbursements. Add lines 24 and 25 5,682,270 65,453 0 5,586,512
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 262,096
b Net investment income (if negative, enter -0-) 1,804,947
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......... 609,669 302,387 302,387
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   4,037    
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)....... 6,413,064 Click to see attachment6,763,993 8,699,920
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet525,000
Less: accumulated depreciation (attach schedule) bullet217,133 469,282 Click to see attachment307,867 525,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 916,653 Click to see attachment1,964,379 2,031,224
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) 8,412,705 9,338,626 11,558,531
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 8,412,705 9,338,626
29 Total net assets or fund balances (see instructions)..... 8,412,705 9,338,626
30 Total liabilities and net assets/fund balances (see instructions). 8,412,705 9,338,626
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
8,412,705
2
Enter amount from Part I, line 27a .....................
2
262,096
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
663,825
4
Add lines 1, 2, and 3 ..........................
4
9,338,626
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
9,338,626
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b RE -UNIT #1G 84-19 51ST AVE ELMHURST, NY D 2019-01-12 2020-08-06
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 7,392,526   5,856,305 1,536,221
b 246,000   24,178 221,822
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,536,221
b       221,822
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,758,043
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 25,089
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 25,089
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 25,089
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 13,473
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 8,080
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 21,553
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 3,536
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
Yes
 
If "Yes," attach the statement required by General Instruction T.Click to see attachment
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)
    bulletDE
    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 addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
    Jill Wierbicki Abrahams Dir, Sec
    55.0     		216,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Blair Feldman Dir, Treas
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Eric Friedberg Dir, VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Jay Goldberg Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Sheila Klehm Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Francine A LeFrak DIR, PRES, FOUNDER
    30.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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 EMPOWERED WOMEN SPEAKER SERIES- MODERATED BY FRANCINE LEFRAK IN WHICH PROMINENT WOMEN IN BUSINESS,ENTERTAINMENT,ARTS ARE INTERVIEWED BY FRANCINE TO DISCUSS PIONEERING IN THEIR FIELD 369
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    8,272,727
    b
    Average of monthly cash balances.......................
    1b
    290,432
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,698,635
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,261,794
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    10,261,794
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    153,927
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    10,107,867
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    505,393
    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
    505,393
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    25,089
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    25,089
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    480,304
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    480,304
    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
    480,304
    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
    5,586,512
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    5,586,512
    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
    5,586,512
    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 7 480,304
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016...... 44,671
    c From 2017...... 39,914
    d From 2018...... 94,387
    e From 2019...... 230,167
    fTotal of lines 3a through e........ 409,139
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 5,586,512
    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..... 480,304
    e Remaining amount distributed out of corpus 5,106,208
    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 5,515,347
    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) .......     		5,294,143
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		221,204
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019.... 221,204
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    Eric Friedberg
    Francine A LeFrak
    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
    BARNARD COLLEGE
    3009 BROADWAY
    NEW YORK,NY10027     		N/A PC The Francine A. LeFrak Foundation Center for Well-Being 21,391
    BARNARD COLLEGE
    3009 BROADWAY
    NEW YORK,NY10027     		N/A PC The Francine A. LeFrak Foundation Center for Well-Being (see attached General Explanation) 4,999,906
    BRIDGE2RWANDA INC
    1818 N TAYLOR ST STE B 322
    LITTLE ROCK,AR72207     		N/A PC Support for Same Sky Scholars at the FAWE School 4,000
    BRIDGE2RWANDA INC
    1818 N TAYLOR ST STE B 322
    LITTLE ROCK,AR72207     		N/A PC General & Unrestricted 17,500
    BRIDGE2RWANDA INC
    1818 N TAYLOR ST STE B 322
    LITTLE ROCK,AR72207     		N/A PC Funds for the FAWE School Same Sky Scholars 10,500
    FOOD BANK FOR NEW YORK CITY
    39 BROADWAY 10TH FL
    NEW YORK,NY10006     		N/A PC General & Unrestricted 5,000
    GRACE INSTITUTE
    40 RECTOR ST 14TH FL
    NEW YORK,NY10006     		N/A PC Charitable Event 250
    INDEGO AFRICA PROJECT
    21-2141ST AVE 2E
    LONG ISLAND CITY,NY11101     		N/A PC Funding for the Imbera Heza collaborative for operations and for scholarship fund support 1,655
    INDEGO AFRICA PROJECT
    21-2141ST AVE 2E
    LONG ISLAND CITY,NY11101     		N/A PC For business and vocational training for the next cohort of artisans in Rwanda 10,000
    NEST INC
    228 PARK AVE S NO 70891
    NEW YORK,NY10003     		N/A PC Same Sky Foundation's Makers United Detroit 25,025
    NEST INC
    228 PARK AVE S NO 70891
    NEW YORK,NY10003     		N/A PC Same Sky Foundation's Makers United Detroit 25,000
    OPERATION HOPE
    191 PEACHTREE ST SUITE 4000
    ATLANTA,GA30303     		N/A PC LeFrak/Goldman Sachs Hope Inside Program in Newark, NJ 25,000
    PER SCHOLAS INC
    804 E 138TH ST 2ND FL
    BRONX,NY10454     		N/A PC Francine A. LeFrak Foundation Women in Tech Scholars Program 40,000
    Total .................................bullet 3a 5,185,227
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 1,113  
    4 Dividends and interest from securities....     14 111,135  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 553,866  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aCLASS ACTION LAWSUIT PROCEEDS     		    01 109  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   666,223  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    666,223
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


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

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    The Francine A LeFrak Foundation Inc
     
    Employer identification number

    27-1752212
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number
    27-1752212
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Carlino Cristina
    995 Fifth ave 5S
     
    New York, NY10028

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    Carlino Michelle
    812 Park Ave
     
    New York, NY10021

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    LeFrak Francine A
    755 Park Avenue 6A
     
    New York, NY10021

    		$ 5,202,645


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    Pratt Jeanne
    2 SOUTHBANK BOULEVARD
     
    SOUTHBANK VIC,   3006AS

    		$ 5,000


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ALIBABA GROUP HOLDING LTD BABA, 200 sh. $ 41,478 2020-05-27
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ALPHABET INC CL C GOOG, 135.3706 sh. $ 199,004 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ALPHABET INC CL C GOOG, 19.4097 sh. $ 28,534 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ALPHABET INC CL C GOOG, 16.0549 sh. $ 23,602 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ALPHABET INC CL C GOOG, 15.0412 sh. $ 22,112 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ALPHABET INC CL C GOOG, 0.1236 sh. $ 182 2020-09-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 SERVICE NOW NOW, 250 sh. $ 112,496 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 LOWES COMPANIES INC LOW, 675 sh. $ 108,797 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 COSTCO WHOLESALE CORPORATION COST, 215 sh. $ 72,285 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 COSTCO WHOLESALE CORPORATION COST, 30 sh. $ 10,086 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 COSTCO WHOLESALE CORPORATION COST, 175 sh. $ 58,837 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 COSTCO WHOLESALE CORPORATION COST, 30 sh. $ 10,086 2020-09-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 COSTCO WHOLESALE CORPORATION COST, 15 sh. $ 5,043 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 COSTCO WHOLESALE CORPORATION COST, 15 sh. $ 5,043 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 COSTCO WHOLESALE CORPORATION COST, 10 sh. $ 3,362 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 COSTCO WHOLESALE CORPORATION COST, 15 sh. $ 5,043 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MASTERCARD INC MA, 152 sh. $ 51,263 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MASTERCARD INC MA, 95 sh. $ 32,039 2020-09-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MASTERCARD INC MA, 70 sh. $ 23,608 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MASTERCARD INC MA, 25 sh. $ 8,431 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MASTERCARD INC MA, 115 sh. $ 38,784 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MASTERCARD INC MA, 35 sh. $ 11,804 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MASTERCARD INC MA, 345 sh. $ 116,353 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MASTERCARD INC MA, 235 sh. $ 79,255 2020-09-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MICROSOFT CORP MSFT, 1220 sh. $ 243,939 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MICROSOFT CORP MSFT, 50 sh. $ 9,998 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MICROSOFT CORP MSFT, 35 sh. $ 6,998 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MICROSOFT CORP MSFT, 65 sh. $ 12,997 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MICROSOFT CORP MSFT, 260 sh. $ 51,987 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MICROSOFT CORP MSFT, 365 sh. $ 72,982 2020-09-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 NIKE INC-CL B NKE, 474 sh. $ 55,079 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 NIKE INC-CL B NKE, 140 sh. $ 16,268 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 NIKE INC-CL B NKE, 130 sh. $ 15,106 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 NIKE INC-CL B NKE, 680 sh. $ 79,016 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 NIKE INC-CL B NKE, 60 sh. $ 6,972 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MICROCHIP TECHNOLOGY INC MCHP, 243 sh. $ 24,801 2020-09-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MICROCHIP TECHNOLOGY INC MCHP, 80 sh. $ 8,165 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MICROCHIP TECHNOLOGY INC MCHP, 785 sh. $ 80,117 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 DANAHER CORP DHR, 540 sh. $ 111,583 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 DANAHER CORP DHR, 80 sh. $ 16,531 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 DANAHER CORP DHR, 75 sh. $ 15,498 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 DANAHER CORP DHR, 55 sh. $ 11,365 2020-09-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 DANAHER CORP DHR, 25 sh. $ 5,166 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 DANAHER CORP DHR, 20 sh. $ 4,133 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 DANAHER CORP DHR, 15 sh. $ 3,100 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 DANAHER CORP DHR, 25 sh. $ 5,166 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 DANAHER CORP DHR, 415 sh. $ 85,754 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ABBOTT LABS ABT, 1345 sh. $ 144,002 2020-09-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ABBOTT LABS ABT, 195 sh. $ 20,878 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ABBOTT LABS ABT, 65 sh. $ 6,959 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ABBOTT LABS ABT, 275 sh. $ 29,443 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ABBOTT LABS ABT, 65 sh. $ 6,959 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ABBOTT LABS ABT, 45 sh. $ 4,818 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ABBOTT LABS ABT, 80 sh. $ 8,565 2020-09-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 AMAZON COM AMZN, 105 sh. $ 312,025 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 AMAZON COM AMZN, 40 sh. $ 118,867 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 STARBUCKS CORP COM SBUX, 1090 sh. $ 93,653 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ESTEE LAUDER COMPANIES INC EL, 410 sh. $ 87,605 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ESTEE LAUDER COMPANIES INC EL, 50 sh. $ 10,684 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ESTEE LAUDER COMPANIES INC EL, 35 sh. $ 7,478 2020-09-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ESTEE LAUDER COMPANIES INC EL, 15 sh. $ 3,205 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ESTEE LAUDER COMPANIES INC EL, 15 sh. $ 3,205 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ESTEE LAUDER COMPANIES INC EL, 10 sh. $ 2,137 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ESTEE LAUDER COMPANIES INC EL, 20 sh. $ 4,273 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 APPLE INC AAPL, 2360 sh. $ 256,025 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 APPLE INC AAPL, 520 sh. $ 56,412 2020-09-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 APPLE INC AAPL, 220 sh. $ 23,867 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 APPLE INC AAPL, 1300 sh. $ 141,031 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 LAM RESEARCH CORP LRCX, 195 sh. $ 59,740 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 LAM RESEARCH CORP LRCX, 15 sh. $ 4,595 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 LAM RESEARCH CORP LRCX, 120 sh. $ 36,763 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ADOBE SYSTEMS, INC ADBE, 265 sh. $ 123,339 2020-09-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ADOBE SYSTEMS, INC ADBE, 146 sh. $ 67,953 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 SALESFORCE.COM CRM, 465 sh. $ 113,186 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 SALESFORCE.COM CRM, 70 sh. $ 17,039 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 SALESFORCE.COM CRM, 65 sh. $ 15,822 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 SALESFORCE.COM CRM, 45 sh. $ 10,953 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 SALESFORCE.COM CRM, 20 sh. $ 4,868 2020-09-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 SALESFORCE.COM CRM, 20 sh. $ 4,868 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 SALESFORCE.COM CRM, 15 sh. $ 3,651 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 SALESFORCE.COM CRM, 25 sh. $ 6,085 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 CHURCH & DWIGHT CHD, 800 sh. $ 72,556 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 CHURCH & DWIGHT CHD, 120 sh. $ 10,883 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 CHURCH & DWIGHT CHD, 110 sh. $ 9,976 2020-09-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 CHURCH & DWIGHT CHD, 80 sh. $ 7,256 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 CHURCH & DWIGHT CHD, 40 sh. $ 3,628 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 NVIDIA CORP NVDA, 140 sh. $ 68,940 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 NVIDIA CORP NVDA, 265 sh. $ 130,493 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 NVIDIA CORP NVDA, 10 sh. $ 4,924 2020-09-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 NVIDIA CORP NVDA, 5 sh. $ 2,462 2020-09-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 SHOPIFY INC SHOP, 182 sh. $ 170,392 2020-09-25
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 NETFLIX INC NFLX, 390 sh. $ 200,273 2020-12-08
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ICON PLC - AMERICAN DEPOSITARY SHARES ICLR, 224 sh. $ 43,191 2020-12-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 ASML HOLDING NV NY REG SHS ASML, 125 sh. $ 59,662 2020-12-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 DSV UNSP ADR EACH REPR 0.5 ORD DSDVY, 1580 sh. $ 131,614 2020-12-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 CSL LTD CSLLY, 982 sh. $ 107,868 2020-12-23
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 LVMH MOET HENN UNSP LVMUY, 968 sh. $ 116,828 2020-12-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 TENCENT HOLDINGS LIMITED TCEHY, 602 sh. $ 44,280 2020-12-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 CANADIAN PACIFIC RAILWAY LTD CP, 102 sh. $ 34,867 2020-12-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 TAIWAN SEMICONDUCTOR MFG CO LTD TSM, 1548 sh. $ 161,356 2020-12-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    The Francine A LeFrak Foundation Inc
          		Employer identification number

    27-1752212
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

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

    TY 2020 DepreciationSchedule
    Name:
    The Francine A LeFrak Foundation Inc
    EIN:
    27-1752212
    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
    BLDG-84-19 51ST 1G 2019-10-12 229,641 103,455 SL 27 2,697 0 0  
    BLDG-84-19 51ST 2P 2019-10-12 472,500 207,420 SL 27 9,713 0 0  
    LAND-84-19 51ST 1G 2019-10-12 25,516   L          
    LAND-84-19 51ST 2P 2019-10-12 52,500   L          

    TY 2020 GeneralExplanationAttachment
    Name:
    The Francine A LeFrak Foundation Inc
    EIN:
    27-1752212
    Identifier Return Reference Explanation
    Form 990-PF, Part XIII, Line 7 Form 990-PF, Part XIII, Line 7  
    IN-KIND GRANTS PART I LINE 25 AND PART XV LINE 3A DISTRIBUTIONS OF PROPERTY VALUE AT FAIR MARKET VALUE AT DATE OF DISTRIBUTION METHOD FOR DETERMINING FMV OF SECURITIES: AVERAGE OF HIGH/LOW ON DATE GRANTED TO CHARITY METHOD OF DETERMINING BOOK VALUE OF SECURITIES: COST OF AVERAGE OF HIGH/LOW ON DATE CONTRIBUTED TO FOUNDATION TOTAL FAIR MARKET VALUE OF PROPERTY: $4,999,906 TOTAL BOOK VALUE OF PROPERTY: $4,336,081 TOTAL CASH PORTION OF GRANTS: $- TOTAL AMOUNT OF GRANTS: $4,999,906 FORM 990-PF, PART III, LINE 3 - OTHER INCREASES/DECREASES: $663,825 DETAILS OF ITEMS GRANTED: DESCRIPTION OF PROPERTY: SALESFORCE.COM UNITS: 755 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $196,285 BOOK VALUE OF PROPERTY: $177,277 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $196,285 DESCRIPTION OF PROPERTY: SERVICE NOW UNITS: 275 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $137,500 BOOK VALUE OF PROPERTY: $117,285 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $137,500 DESCRIPTION OF PROPERTY: SHOPIFY INC UNITS: 182 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $195,364 BOOK VALUE OF PROPERTY: $170,392 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $195,364 DESCRIPTION OF PROPERTY: UNION PACIFIC UNITS: 95 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $19,439 BOOK VALUE OF PROPERTY: $7,561 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $19,439 DESCRIPTION OF PROPERTY: MICROSOFT CORP UNITS: 2256 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $473,376 BOOK VALUE OF PROPERTY: $421,948 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $473,376 DESCRIPTION OF PROPERTY: MICROSOFT CORP UNITS: 26 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $5,456 BOOK VALUE OF PROPERTY: $5,199 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $5,456 DESCRIPTION OF PROPERTY: AMAZON COM UNITS: 185 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $591,203 BOOK VALUE OF PROPERTY: $442,837 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $591,203 DESCRIPTION OF PROPERTY: ABBOT LABS UNITS: 2070 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $223,022 BOOK VALUE OF PROPERTY: $221,624 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $223,022 DESCRIPTION OF PROPERTY: ADOBE SYSTEMS, INC UNITS: 570 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $281,096 BOOK VALUE OF PROPERTY: $227,537 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $281,096 DESCRIPTION OF PROPERTY: ALPHABET INC CL C UNITS: 218 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $318,343 BOOK VALUE OF PROPERTY: $288,518 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $318,343 DESCRIPTION OF PROPERTY: APPLE INC UNITS: 5040 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $580,003 BOOK VALUE OF PROPERTY: $494,238 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $580,003 DESCRIPTION OF PROPERTY: CHURCH & DWIGHT UNITS: 1070 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $97,295 BOOK VALUE OF PROPERTY: $97,044 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $97,295 DESCRIPTION OF PROPERTY: COSTCO WHOLESALE CORPORATION UNITS: 480 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $174,250 BOOK VALUE OF PROPERTY: $161,381 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $174,250 DESCRIPTION OF PROPERTY: DANAHER CORP UNITS: 1315 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $291,969 BOOK VALUE OF PROPERTY: $263,953 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $291,969 DESCRIPTION OF PROPERTY: ESTEE LAUDER COMPANIES INC UNITS: 555 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $122,921 BOOK VALUE OF PROPERTY: $118,587 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $122,921 DESCRIPTION OF PROPERTY: FACEBOOK INC UNITS: 100 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $25,812 BOOK VALUE OF PROPERTY: $17,955 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $25,812 DESCRIPTION OF PROPERTY: LAM RESEARCH CORP UNITS: 370 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $127,935 BOOK VALUE OF PROPERTY: $104,033 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $127,935 DESCRIPTION OF PROPERTY: LOWES COMPANIES INC UNITS: 675 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $113,717 BOOK VALUE OF PROPERTY: $108,797 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $113,717 DESCRIPTION OF PROPERTY: MASTERCARD INC UNITS: 1105 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $380,010 BOOK VALUE OF PROPERTY: $346,628 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $380,010 DESCRIPTION OF PROPERTY: MICROCHIP TECHNOLOGY INC UNITS: 1478 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $160,792 BOOK VALUE OF PROPERTY: $128,262 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $160,792 DESCRIPTION OF PROPERTY: NIKE INC-CL B UNITS: 1940 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $252,316 BOOK VALUE OF PROPERTY: $210,669 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $252,316 DESCRIPTION OF PROPERTY: NVIDIA CORP UNITS: 415 DATE OF DISTRIBUTION: 10/7/2020 GRANT RECIPIENT: BARNARD COLLEGE FMV OF PROPERTY: $231,802 BOOK VALUE OF PROPERTY: $204,356 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $231,802

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    The Francine A LeFrak Foundation Inc
    EIN:
    27-1752212
    Name of Stock End of Year Book Value End of Year Fair Market Value
    2U INC 19,811 20,525
    ABBOTT LABS 108,172 129,965
    ACCENTURE PLC 80,141 110,231
    ADOBE SYSTEMS, INC 127,587 189,545
    AIR PRODS & CHEM INC 12,778 13,661
    ALIBABA GROUP HOLDING LTD 53,201 60,510
    ALIGN TECHNOLOGY, INC 36,403 95,654
    ALPHABET INC CL A 93,554 147,222
    ALPHABET INC CL C 133,404 150,662
    AMAZON COM 209,177 322,435
    AMERICAN TOWER REIT INC 20,436 21,548
    AMERIPRISE FINANCIAL INC 16,073 22,154
    APPLE INC 141,164 216,683
    ARTISAN SMALL CAP FUND INST CL 26,810 40,623
    ASTRAZENECA 16,275 18,246
    AUTODESK, INC 51,886 85,801
    BECTON DICKINSON & CO 12,842 20,018
    BERKSHIRE HATHAWAY INC. CLASS 20,350 23,187
    BLACKROCK INC 45,082 79,369
    BROADCOM INC 29,581 50,353
    CELLECTIS SA 5,427 8,659
    CHARLES SCHWAB CORP 31,832 37,658
    CHEVRON CORP 22,191 17,312
    CHURCH & DWIGHT 6,802 6,542
    COMCAST CORP 52,835 66,967
    CONESTOGA SMALL CAP INST 30,000 32,907
    CONOCOPHILLIPS 11,337 12,597
    CONSTELLATION BRANDS INC 13,133 15,334
    COSTCO WHOLESALE CORPORATION 24,958 32,403
    CRISPR THERAPEUTICS AG 24,908 44,555
    CROWN CASTLE INTL 21,269 24,674
    DANAHER CORP 46,435 78,193
    DOLLAR GENERAL CORP 52,219 56,360
    EATON VANCE SHORT DURATION GOV 245,261 245,563
    ECOLAB INC 18,513 25,963
    EDITAS MEDICINE INC 13,593 29,586
    ELECTRONIC ARTS 13,285 14,360
    ESTEE LAUDER COMPANIES INC 20,965 42,590
    EVENTIDE HEALTHCARE & LIFE SCI 11,800 18,556
    EXACT SCIENCES CORPORATION 32,997 44,649
    FACEBOOK INC 186,581 214,157
    FIDELITY NATIONAL INFORMATION 28,095 29,282
    FORTIVE CORPORATION 11,591 12,748
    FRANKLIN INTL GROWTH FD 18,000 23,201
    FRANKLIN VALUE SMALL CAP VALUE 17,579 16,971
    GARTNER INC 27,069 33,159
    HARBOR SMALL CAP VALUE FUND 30,000 32,035
    HOME DEPOT INC 39,852 63,218
    HONEYWELL INTL 39,092 62,959
    HUYA INC 6,294 4,684
    IDEXX CORP 13,916 24,994
    ILLUMINA INC COM 24,738 29,970
    INSULET CORPORATION 12,594 19,172
    INTELLIA THERAPEUTICS INC 14,772 43,030
    INTERCONTINENTAL EXCHANGE, INC 16,000 22,482
    INTUITIVE SURGICAL 25,675 28,634
    INVESCO OPPENHEIMER DEVELOPING 18,000 22,411
    INVITAE CORP 25,791 31,316
    IQVIA HOLDINGS INC 16,137 18,813
    IRIDIUM COMMUNICATIONS INC 5,307 7,315
    ISHARE SP SMALL CAP 600 INDEX 25,413 27,570
    ISHARES INTERMEDIATE CREDIT BD 249,320 278,054
    ISHARES MSCI-JAPAN 32,262 33,848
    ISHARES RUSSELL 2000 GROWTH IN 14,724 21,503
    ISHARES S&P U.S. PREFERRED STO 58,775 63,542
    ISHARES TR S & P MIDCAP 400 IN 6,023 6,895
    JP MORGAN CHASE 55,024 68,618
    KE HOLDINGS INC. 10,208 10,216
    KEYENCE CORP FIRST SECTION COM 9,093 25,280
    LAM RESEARCH CORP 19,106 25,975
    LINDE PLC COM 8,223 13,176
    LOCKHEED MARTIN CORP 14,057 12,424
    LOWES COMPANIES INC 24,487 36,757
    LVMH MOET HENN UNSP 16,046 24,946
    MASTERCARD INC 139,045 160,266
    MATTHEWS JAPAN FUND INSTI CLAS 15,604 18,931
    MCDONALD'S CORP 16,736 17,166
    MEDTRONIC PLC 18,507 24,365
    MERCADOLIBRE, INC 6,538 10,051
    MERCK & CO INC 40,150 41,718
    MICROCHIP TECHNOLOGY INC 24,036 32,456
    MICROSOFT CORP 254,465 339,190
    MONDELEZ INTERNATIONAL INC 10,684 12,630
    MORGAN STANLEY 18,032 26,727
    MORGAN STANLEY INSTI FD INTERN 1,357,836 1,557,548
    MSCI INC 21,729 27,238
    NANOSTRING TECHNOLOGIES INC 6,055 10,567
    NESTLE S.A 19,004 22,971
    NETFLIX INC 35,697 59,480
    NEXTERA ENERGY, INC 48,160 60,949
    NIKE INC-CL B 38,869 50,363
    NINTENDO CO LTD ADR UNSPON 9,533 11,112
    NORTHROP GRUMMAN CORP 11,111 9,142
    NVIDIA CORP 21,285 19,844
    O'REILLY AUTOMOTIVE INC 13,104 18,555
    PAGERDUTY ORD SHS 8,535 13,886
    PARKER HANNIFIN CP 15,326 20,976
    PAYPAL HOLDINGS, INC 70,186 82,204
    PEPSICO INC 23,436 27,436
    PIMCO LOW DURATION INSTL 79,265 80,397
    PINTEREST INC 10,259 18,650
    PRINCIPAL FDS, INC. MIDCAP FD 9,000 10,910
    PROCTER GAMBLE CO 11,295 12,523
    PROOFPOINT INC 15,965 20,052
    PROTO LABS INC 19,928 20,095
    PURE STORAGE INC 14,576 21,321
    REGENERON PHARMACEUTICALS INC 53,776 44,446
    REPLIGEN CORP 12,045 23,954
    ROCKWELL AUTOMATION INC 6,593 8,528
    ROKU INC 26,744 53,123
    ROPER INDUSTRIES 32,053 40,954
    SALESFORCE.COM 130,937 155,548
    SEA LTD 5,405 7,365
    SELECT SECTOR SPDR INDUSTRIAL 20,645 22,934
    SERES THERAPEUTICS 11,286 11,270
    SERVICE NOW 75,349 118,893
    SHERWIN-WILLIAMS CO 11,833 15,433
    SHOPIFY INC 39,140 86,028
    SLACK TECHNOLOGIES CLASS A ORD 3,317 5,745
    SPLUNK INC 12,445 10,193
    SPOTIFY TECHNOLOGY SA 17,283 21,397
    SQUARE INC 28,915 41,569
    STANLEY BLACK & DECKER INC 12,501 13,392
    STARBUCKS CORP COM 51,253 63,760
    STRATASYS, INC 9,902 14,297
    STRYKER CORPORATION 26,644 40,432
    SYSCO CORP 8,792 12,996
    TAIWAN SEMICONDUCTOR MFG CO LT 11,506 14,720
    TELADOC INC 37,619 61,988
    TENCENT HOLDINGS LIMITED 6,994 7,189
    TESLA MOTORS INC 45,037 78,329
    TEXAS INSTRUMENTS INC 12,386 13,130
    THE BLACKSTONE GROUP INC CL A 8,563 9,722
    THERMO FISHER SCIENTIFIC INC 15,461 29,344
    TJX COMPANIES INC 34,866 47,598
    TREE.COM, INC 15,958 14,237
    TWILIO INC 15,191 18,956
    UNION PACIFIC 11,154 13,534
    UNITED PARCEL SERVICE 18,495 29,470
    UNITEDHEALTH GROUP INC 86,600 107,659
    VANGUARD FTSE DEVELOPED MARKET 50,377 60,193
    VERIZON COMMUNICATIONS 13,335 13,219
    VERTEX PHARMCTLS INC 14,478 17,726
    VISA INC 117,354 178,921
    VONTIER CORPORATION 2,398 2,872
    WAL-MART STORES INC 31,853 36,038
    WALT DISNEY HOLDINGS CO 54,082 75,914
    XYLEM INC 9,004 17,813
    ZILLOW GROUP, INC (CL C) 15,601 24,013
    ZOETIS INC 60,541 92,184

    TY 2020 InvestmentsLandSchedule2
    Name:
    The Francine A LeFrak Foundation Inc
    EIN:
    27-1752212
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BLDG-84-19 51ST 1G        
    BLDG-84-19 51ST 2P 472,500 217,133 255,367 472,500
    LAND-84-19 51ST 1G        
    LAND-84-19 51ST 2P 52,500   52,500 52,500

    TY 2020 InvestmentsOtherSchedule2
    Name:
    The Francine A LeFrak Foundation Inc
    EIN:
    27-1752212
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BDS 3 INTL BLOCKER LP   436,584 488,502
    BLACKSTONE PRIVATE CREDIT FD   1,000,000 1,000,000
    BLACKSTONE REAL ESTATE INCOME   527,795 542,722

    TY 2020 LiquidationExplanationStmt
    Name:
    The Francine A LeFrak Foundation Inc
    EIN:
    27-1752212
    Statement:
    As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $5,185,227. This amount represents 25% or more of the Foundation's net assets of $9,677,457 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2020. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.


    TY 2020 LegalFeesSchedule
    Name:
    The Francine A LeFrak Foundation Inc
    EIN:
    27-1752212
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Document Review/Drafting 16,763     16,763
    General Consultations 2,690     2,690


    TY 2020 OtherExpensesSchedule
    Name:
    The Francine A LeFrak Foundation Inc
    EIN:
    27-1752212
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 32,367     32,367
    Bank Charges 106 106    
    Cell Phone Expense 675     675
    Computers/Electronic Devices 974     974
    Equipment/Furniture Purchase 652     652
    DONATION PROCESSING FEES 438     438
    Foundation Dues & Memberships 765     765
    EQUIPMENT LEASING 1,494     1,494
    Office Supplies 2,037     2,037
    Payroll Processing Fees 1,300     1,300
    Postage/Delivery Service 55     55
    State or Local Filing Fees 325     325
    Temp Help 10,538     10,538
    TRAINING & PROFESSIONAL DEVEL 5,475     5,475
    Website Hosting/Support 2,153     2,153
    STATE MISCELLANEOUS FEES 230     230
    JOB POSTING FEES 1,374     1,374


    TY 2020 OtherIncomeSchedule2
    Name:
    The Francine A LeFrak Foundation Inc
    EIN:
    27-1752212
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Class Action Lawsuit Proceeds 109 109  


    TY 2020 OtherIncreasesSchedule
    Name:
    The Francine A LeFrak Foundation Inc
    EIN:
    27-1752212
    Description Amount
    GRANTS OF PUBLICLY TRADED SECURITIES 663,825


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    The Francine A LeFrak Foundation Inc
    EIN:
    27-1752212
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 65,095 65,095    
    GRAPHIC DESIGN SERVICES 998     998
    Website Development 6,033     6,033
    PHILANTHROPIC CONSULTING SRVCS 23,055     23,055
    TECHNOLOGY CONSULTING SERVICES 394     394


    TY 2020 TaxesSchedule
    Name:
    The Francine A LeFrak Foundation Inc
    EIN:
    27-1752212
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 800      
    990-PF Extension for 2019 17,082      
    Foreign Tax Paid 248 248    
    IRS MISCELLANEOUS FEE 13