Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
MORRIS AND ALMA SCHAPIRO FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)CO ANCHIN LLP - 1375 BROADWAY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY100187001
A Employer identification number

13-6089254
B Telephone number (see instructions)

(212) 840-3456
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$155,203,882J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 10,387 10,387  
4 Dividends and interest from securities... 455,388 455,388  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,253,113
b Gross sales price for all assets on line 6a 26,297,434
7 Capital gain net income (from Part IV, line 2)... 5,186,290
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 2,632,591 2,752,048  
12 Total. Add lines 1 through 11........ 8,351,479 8,404,113  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 628 0   628
b Accounting fees (attach schedule)....... Click to see attachment 88,000 22,000   66,000
c Other professional fees (attach schedule).... Click to see attachment 314,743 314,743   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 104,127 14,127   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 811,640 611,147   149,610
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,319,138 962,017   216,238
25 Contributions, gifts, grants paid....... 6,156,501 6,156,501
26 Total expenses and disbursements. Add lines 24 and 25 7,475,639 962,017   6,372,739
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 875,840
b Net investment income (if negative, enter -0-) 7,442,096
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............. 202,872 1,597,517 1,597,517
2 Savings and temporary cash investments......... 4,175,085 612,137 612,137
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 19,519,976 Click to see attachment15,304,441 25,175,121
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 69,826,280 Click to see attachment81,701,183 127,819,107
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) 93,724,213 99,215,278 155,203,882
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 93,724,213 99,215,278
29 Total net assets or fund balances (see instructions)..... 93,724,213 99,215,278
30 Total liabilities and net assets/fund balances (see instructions). 93,724,213 99,215,278
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
93,724,213
2
Enter amount from Part I, line 27a .....................
2
875,840
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
4,615,225
4
Add lines 1, 2, and 3 ..........................
4
99,215,278
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
99,215,278
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 TOTAL ST GAINS THRU PARTNERSHIPS P    
c TOTAL LT GAINS THRU PARTNERSHIPS P    
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 24,895,165   21,044,321 3,850,844
b 1,151,395   667 1,150,728
c 250,874   66,156 184,718
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       3,850,844
b       1,150,728
c       184,718
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 5,186,290
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................................ 1 103,445
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 103,445
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 103,445
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 113,548
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 45,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 158,548
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 55,103
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet55,103 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletANCHIN BLOCK ANCHIN LLP Telephone no.bullet (212) 840-3456

    Located atbullet1375 BROADWAYNEW YORKNY ZIP+4bullet10018
    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? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletVI, CJ, BD
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    RUFUS COLLINS TRUSTEE
    2.00     		0 0 0
    C/O ANCHIN BLOCK ANCHIN 1375
    BROADWAY
    NEW YORK,NY10018
    STEPHEN J PALUSZEK TRUSTEE
    2.00     		0 0 0
    C/O ANCHIN BLOCK ANCHIN 1375
    BROADWAY
    NEW YORK,NY10018
    ARTHUR COLLINS DEC'D 10120 TRUSTEE
    2.00     		0 0 0
    C/O ANCHIN BLOCK ANCHIN 1375
    BROADWAY
    NEW YORK,NY10018
    BARNABY SCHAPIRO TRUSTEE
    2.00     		0 0 0
    C/O ANCHIN BLOCK ANCHIN 1375
    BROADWAY
    NEW YORK,NY10018
    JACOB COLLINS TRUSTEE
    2.00     		0 0 0
    C/O ANCHIN BLOCK ANCHIN 1375
    BROADWAY
    NEW YORK,NY10018
    JON SCHAPIRO TRUSTEE
    2.00     		0 0 0
    C/O ANCHIN BLOCK ANCHIN 1375
    BROADWAY
    NEW YORK,NY10018
    MARION SCHPIRO TRUSTEE
    2.00     		0 0 0
    C/O ANCHIN BLOCK ANCHIN 1375
    BROADWAY
    NEW YORK,NY10018
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    RITA BOWEN CONSULTING 194,480
    20-68 29TH STREET 3RD FLOOR
    ASTORIA,NY11105
    SELECT EQUITY GROUP INVESTMENT ADVISORS 153,906
    380 LAFAYETTE STREET
    NEW YORK,NY10003
    HS MANAGEMENT LLC INVESTMENT ADVISORS 88,404
    640 FIFTH AVENUE 18TH FLOOR
    NEW YORK,NY10019
    ANCHIN BLOCK & ANCHIN ACCOUNTING FEES 88,000
    1375 BROADWAY
    NEW YORK,NY10018
    EAGLE CAPITAL MANAGEMENT LLC INVESTMENT ADVISORS 72,434
    499 PARK AVENUE 17
    NEW YORK,NY10022
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 NONE 0
    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 NONE 0
    2  
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    62,015,787
    b
    Average of monthly cash balances.......................
    1b
    2,855,303
    c
    Fair market value of all other assets (see instructions)................
    1c
    78,736,130
    d
    Total (add lines 1a, b, and c).........................
    1d
    143,607,220
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    143,607,220
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,154,108
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    141,453,112
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    7,072,656
    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
    7,072,656
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    103,445
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    103,445
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,969,211
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    6,969,211
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    6,969,211
    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
    6,372,739
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    6,372,739
    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
    6,372,739
    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 6,969,211
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018...... 202,840
    e From 2019...... 245,774
    fTotal of lines 3a through e........ 448,614
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 6,372,739
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 6,372,739
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 448,614 448,614
    (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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		147,858
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    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).)
    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
    COOKE CENTER FOR LEARNING AND DEVELOPMENT
    254 W 29TH ST
    NEW YORK,NY10001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 10,000
    CITY HARVEST INC
    6 EAST 32ND ST 5TH FLOOR
    NEW YORK,NY10016     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    FOOD BANK FOR NEW YORK CITY
    39 BROADWAY 10TH FLOOR
    NEW YORK,NY10016     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    FRIENDS OF KAREN
    118 TITICUS ROAD
    NORTH SALEM,NY10001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    GAY MEN'S HEALTH CRISIS INC
    307 W 38TH ST
    NEW YORK,NY10018     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    GODS LOVE WE DELIVER
    166 AVENUE OF THE AMERICAS
    NEW YORK,NY10013     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    JAZZ FOUNDATION OF AMERICA INC
    322 WEST 48TH STREET FLOOR 6
    NEW YORK,NY10036     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    METROPOLITAN OPERA
    LINCOLN CENTER
    NEW YORK,NY10023     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    MUSICIANS FOUNDATION INC
    875 6TH AVE
    NEW YORK,NY10001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    NYU LANGONE HOSPITALS
    150 55TH ST
    BROOKLYN,NY11220     		NONE PUBLIC CHARITIES GENERAL PURPOSE 200,000
    OPENING ACT
    PO BOX 20178 GREELEY SQUARE STATION
    NEW YORK,NY10001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000
    STEFFI NOSSEN DANCE FOUNDATION
    216 CENTRAL AVENUE
    WHITE PLAINS,NY10606     		NONE PUBLIC CHARITIES GENERAL PURPOSE 30,000
    THE ACTORS FUND OF AMERICA
    729 SEVENTH AVENUE
    NEW YORK,NY10019     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    THE INDIE THEATER FUND
    114 W MAIN ST
    TISHOMINGO,OK73460     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    WAVE HILL
    675 WEST 252ND STREET
    BRONX,NY10471     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    WEILL CORNELL MEDICAL COLLEGE
    1301 YORK AVENUE BOX 314
    NEW YORK,NY10065     		NONE PUBLIC CHARITIES GENERAL PURPOSE 100,000
    BARNARD COLLEGE
    3009 BROADWAY
    NEW YORK,NY10027     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    BROOKLYN ACADEMY OF MUSIC INC
    PETER JAY SHARP BUILDING 30
    LAFAYETTE AVENUE
    BROOKLYN,NY11217     		NONE PUBLIC CHARITIES GENERAL PURPOSE 60,000
    BROOKLYN BOTANIC GARDEN
    1000 WASHINGTON AVENUE
    BROOKLYN,NY11225     		NONE PUBLIC CHARITIES GENERAL PURPOSE 40,000
    BROOKLYN COMMUNITY FOUNDATION
    1000 DEAN STREET SUITE 307
    BROOKLYN,NY11238     		NONE PUBLIC CHARITIES GENERAL PURPOSE 200,000
    BROWN UNIVERSITY
    DIVISION OF ADVANCEMENT BOX 1893
    PROVIDENCE,RI02912     		NONE PUBLIC CHARITIES GENERAL PURPOSE 150,000
    CARNEGIE HALL CORPORATION
    881 SEVENTH AVENUE
    NEW YORK,NY10019     		NONE PUBLIC CHARITIES GENERAL PURPOSE 136,667
    CHESS IN THE SCHOOLS INC
    520 EIGHTH AVENUE FL 2
    NEW YORK,NY10018     		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000
    COOKE CENTER FOR LEARNING AND DEVELOPMENT
    254 W 29TH ST
    NEW YORK,NY10001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    EDIBLE SCHOOLYARD NEW YORK
    55 WASHINGTON STREET SUITE 257
    BROOKLYN,NY11201     		NONE PUBLIC CHARITIES GENERAL PURPOSE 35,000
    ETHICAL CULTURE FIELDSON SCHOOL
    33 CENTRAL PARK WEST
    NEW YORK,NY10023     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    FRACTURED ATLAS INC
    248 WEST 35TH STREET
    NEW YORK,NY10001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 20,000
    FRIENDS SEMINARY
    222 EAST 16TH STREET
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    GRAND CENTRAL ATELIER
    46-06 11TH STREET
    QUEENS,NY11101     		NONE PUBLIC CHARITIES GENERAL PURPOSE 55,000
    LARK THEATRE COMPANY INC
    311 W 43RD ST 406
    NEW YORK,NY10036     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    MECHANIC'S INSTITUTE
    57 POST STREET
    SAN FRANCISCO,CA94104     		NONE PUBLIC CHARITIES GENERAL PURPOSE 40,000
    RED HOOK INITIATIVE
    767 HICKS STREET
    BROOKLYN,NY11231     		NONE PUBLIC CHARITIES GENERAL PURPOSE 35,000
    RIVENDELL SCHOOL
    277 THIRD AVENUE
    BROOKLYN,NY11215     		NONE PUBLIC CHARITIES GENERAL PURPOSE 65,000
    ROSA VERA FUND
    910 E AVENUE
    DOUGLAS,AZ85607     		NONE PUBLIC CHARITIES GENERAL PURPOSE 10,000
    SAFE HANDS FOR GIRLS INC
    2890 DARRAH CT SW
    ATLANTA,GA30331     		NONE PUBLIC CHARITIES GENERAL PURPOSE 150,000
    STANLEY M ISSACS NEIGHBORHOOD CENTER INC
    415 E 93RD ST
    NEW YORK,NY10128     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    STEADY BUCKETS
    27 UNION SQUARE WEST SUITE 307
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 40,000
    STREETSQUASH
    40 WEST 116TH STREET
    NEW YORK,NY10026     		NONE PUBLIC CHARITIES GENERAL PURPOSE 60,000
    TALBOT MENTORS INC
    108 MARYLAND AVE SUITE 102
    EASTON,MD21601     		NONE PUBLIC CHARITIES GENERAL PURPOSE 10,000
    THE BROOKLYN RAIL
    253 36TH STREET UNIT 20
    BROOKLYN,NY11232     		NONE PUBLIC CHARITIES GENERAL PURPOSE 16,500
    THE DILLER-QUAILE SCHOOL OF MUSIC
    24 EAST 95TH STREET
    NEW YORK,NY10128     		NONE PUBLIC CHARITIES GENERAL PURPOSE 30,000
    THE DOOR-A CENTER FOR ALTERNATIVES INC
    555 BROOME ST
    NEW YORK,NY10013     		NONE PUBLIC CHARITIES GENERAL PURPOSE 125,000
    THE NEW SCHOOLCENTER FOR NYC AFFAIRS
    72 5TH AVE 6TH FL
    NEW YORK,NY10011     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    THIRD STREET MUSIC SCHOOL SETTLEMENT
    235 EAST 11TH STREET
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 125,000
    WELLNESS IN THE SCHOOLS
    PO BOX 250832
    NEW YORK,NY10025     		NONE PUBLIC CHARITIES GENERAL PURPOSE 60,000
    ARS NOVA THEATER INC
    511 WEST 54TH STREET
    NEW YORK,NY10019     		NONE PUBLIC CHARITIES GENERAL PURPOSE 10,000
    MARY MCDOWELL FRIENDS SCHOOL
    20 BERGEN STREET
    BROOKLYN,NY11201     		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000
    THE IRISH REPERTORY THEATRE COMPANY INC
    132 WEST 22ND STREET 2ND FLOOR
    NEW YORK,NY10011     		NONE PUBLIC CHARITIES GENERAL PURPOSE 30,000
    ELAINE KAUFMAN MUSIC CENTER-LUCY MOSES SCHOOL
    129 W 67TH ST
    NEW YORK,NY10023     		NONE PUBLIC CHARITIES GENERAL PURPOSE 200,000
    ASSOCIATION TO BENEFIT CHILDREN
    419 EAST 86TH STREET
    NEW YORK,NY10028     		NONE PUBLIC CHARITIES GENERAL PURPOSE 40,000
    BROOKLYN PUBLIC LIBRARY
    10 GRAND ARMY PLAZA
    BROOKLYN,NY11238     		NONE PUBLIC CHARITIES GENERAL PURPOSE 105,000
    CANCER RESEARCH INSTITUTE
    29 BROADWAY FLOOR 4
    NEW YORK,NY10006     		NONE PUBLIC CHARITIES GENERAL PURPOSE 250,000
    COLUMBIA UNIVERSITY
    2960 BROADWAY
    NEW YORK,NY10027     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    COUNCIL ON THE ENVIRONMENT
    100 GOLD STREET
    NEW YORK,NY10038     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    NEW ALTERNATIVES FOR CHILDREN
    37 WEST 26TH STREET 6TH FLOOR
    NEW YORK,NY10010     		NONE PUBLIC CHARITIES GENERAL PURPOSE 300,000
    PTA ASSOCATION
    101 5TH AVE
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 60,000
    THE ACTING COMPANY
    PO BOX 898
    NEW YORK,NY10108     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    THE LOUIS ARMSTRONG EDUCATIONAL FOUNDATION INC
    PO BOX 287464
    NEW YORK,NY10128     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    THE NEW YORK LANDMARKS CONSERVANCY
    ONE WHITEHALL STREET
    NEW YORK,NY10004     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    THE PLAYERS FOUNDATION
    16 GRAMERCY PARK SOUTH
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 11,000
    UNTITLED THEATER COMPANY #61 LTD
    215 WEST 95TH STREET SUITE 11G
    NEW YORK,NY10025     		NONE PUBLIC CHARITIES GENERAL PURPOSE 15,000
    BROOKLYN BRIDGE PARK CONSERVANCY
    334 FURMAN STREET
    BROOKLYN,NY11201     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    BROOKLYN COMMUNITY FOUNDATION
    1000 DEAN STREET SUITE 307
    BROOKLYN,NY11238     		NONE PUBLIC CHARITIES GENERAL PURPOSE 20,000
    BROOKLYN PUBLIC LIBRARY
    10 GRAND ARMY PLAZA
    BROOKLYN,NY11238     		NONE PUBLIC CHARITIES GENERAL PURPOSE 60,000
    BROWN UNIVERSITY
    BOX 1893
    PROVIDENCE,RI02912     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    CHRISTIAN BROTHERS CONFERENCE
    415 MICHIGAN AVE NE SUITE 300
    WASHINGTON,DC20017     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    CITY HARVEST INC
    EAST 32ND STREET 5TH FLOOR
    NEW YORK,NY10016     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    CORPORATION OF YADDO
    PO BOX 395
    SARATOGA SPRINGS,NY12866     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    ETHICAL CULTURE FIELDSON SCHOOL
    33 CENTRAL PARK WEST
    NEW YORK,NY10023     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    FOOD BANK FOR NEW YORK CITY
    39 BROADWAY 10TH FLOOR
    NEW YORK,NY10006     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    FRACTURED ATLAS INC
    248 WEST 35TH STREET 10TH FLOOR
    NEW YORK,NY10001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 20,000
    GMHC
    1211 FULTON ST
    BROOKLYN,NY11216     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    GODS LOVE WE DELIVER
    166 AVENUE OF THE AMERICAS
    NEW YORK,NY10013     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    HARLEM LINK CHARTER SCHOOL
    20 WEST 112TH STREET ROOM 357
    NEW YORK,NY10026     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    LAKE FOREST COLLEGE
    555 N SHERIDAN RD
    LAKE FOREST,IL60045     		NONE PUBLIC CHARITIES GENERAL PURPOSE 10,000
    LEARNINGSPRING SCHOOL
    247 EAST 20TH STREET
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 20,000
    MANHATTAN COUNTRY SCHOOL
    7 EAST 96TH STREET
    NEW YORK,NY10128     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    MEMORIAL SLOAN KETTERING CANCER CENTER
    1275 YORK AVE
    NEW YORK,NY10065     		NONE PUBLIC CHARITIES GENERAL PURPOSE 100,000
    NATIONAL CIVIC ART SOCIETY
    300 NEW JERSEY AVE NW 900
    WASHINGTON,DC20001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    NATURE CONSERVANCY OF NEW YORK
    322 EIGHTH AVENUE 16TH FLOOR
    NEW YORK,NY10001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 150,000
    NEW YORK HALL OF SCIENCE
    47-01 111TH STREET
    QUEENS,NY11368     		NONE PUBLIC CHARITIES GENERAL PURPOSE 35,000
    NEW YORK-PRESBYTERIAN FUND INC
    525 EAST 68TH STREET
    NEW YORK,NY10065     		NONE PUBLIC CHARITIES GENERAL PURPOSE 20,000
    SALMAGUNDI CLUB
    47 5TH AVE
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 9,000
    SOLAR COOKERS INTERNATIONAL
    2400 22ND STREET SUITE 210
    SACRAMENTO,CA95818     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    STANLEY M ISSACS NEIGHBORHOOD CENTER INC
    415 E 93RD ST
    NEW YORK,NY10128     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    THE DALTON SCHOOL
    108 EAST 89TH STREET
    NEW YORK,NY10128     		NONE PUBLIC CHARITIES GENERAL PURPOSE 60,000
    THE JEWISH COMMUNITY CENTER IN MANHATTAN INC
    334 AMSTERDAM AVE AT W 76TH ST
    NEW YORK,NY10023     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    THE LIBRARY OF AMERICA
    PO BOX 37910
    BOONE,IA50037     		NONE PUBLIC CHARITIES GENERAL PURPOSE 10,000
    THEATRE DEVELOPMENT FUND
    520 EIGHTH AVENUE SUITE 801
    NEW YORK,NY10018     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    THIRD STREET MUSIC SCHOOL SETTLEMENT
    235 EAST 11TH STREET
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 20,000
    WILDLIFE CONSERVATION SOCIETY
    2300 SOUTHERN BOULEVARD
    BRONX,NY10460     		NONE PUBLIC CHARITIES GENERAL PURPOSE 20,000
    WNET
    450 WEST 33RD STREET
    NEW YORK,NY10001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    YOUNG AUDIENCES OF NORTHERN CALIFORNIA
    465 CALIFORNIA ST STE 433
    SAN FRANCISCO,CA94104     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    YOUTH SERVICES OPPORTUNITY PROJECT INC
    15 RUTHERFORD PL
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 2,500
    BLOOMINGDALE SCHOOL OF MUSIC
    323 WEST 108TH STREET
    NEW YORK,NY10025     		NONE PUBLIC CHARITIES GENERAL PURPOSE 40,000
    COMPREHENSIVE DEVELOPMENT INC
    240 SECOND AVENUE
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 2,500
    MONTEFIEORE MEDICAL CENTER
    111 EAST 210TH STREET
    BRONX,NY10467     		NONE PUBLIC CHARITIES GENERAL PURPOSE 500,000
    PROSTATE CANCER FOUNDATION
    1250 FOURTH STREET
    SANTA MONICA,CA90401     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    COLUMBIA UNIVERSITY
    2960 BROADWAY
    NEW YORK,NY10027     		NONE PUBLIC CHARITIES GENERAL PURPOSE 333,334
    Total .................................bullet 3a 6,156,501
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 10,387  
    4 Dividends and interest from securities....     14 455,388  
    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 ............     		900000 66,823 18 5,186,290  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aTHRU PARTNERSHIP INVESTMENTS     		  -119,457 18 274,720  
    bOTHER ORDINARY INCOME FROM INVESTMENTS     18 2,477,328  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -52,634 8,404,113 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    8,351,479
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 88,000 22,000   66,000

    TY 2020 AllOthProgRltdInvestmentsSch
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Category Amount
    NONE 0

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADVANCED DRAINAGE SYSTEMS IN 78,421 101,299
    AMPHENOL CORP-CL A 104,892 336,733
    ANSYS INC 14,445 63,301
    BROWN & BROWN INC 165,429 320,397
    CDW CORP/DE 282,659 435,698
    CERIDIAN HCM HOLDING INC 112,202 321,811
    CINCINNATI FINANCIAL CORP 298,303 386,525
    COSTAR GROUP INC 18,614 49,911
    ENTEGRIS INC 191,482 289,934
    EVERBRIDGE INC 189,394 340,625
    EXPEDITORS INTL WASH INC 45,439 90,830
    FIRST REPUBLIC BANK/CA 107,172 391,128
    GODADDY INC - CLASS A 249,705 404,713
    HEICO CORP 4,737 44,354
    HILL-ROM HOLDINGS INC 84,467 90,034
    JACOBS ENGINEERING GROUP INC 192,233 333,527
    LIVE NATION ENTERTAINMENT IN 88,849 146,299
    MARTIN MARIETTA MATERIALS 311,156 477,354
    P MORNINGSTAR INC 243,350 281,358
    PAYCHEX INC 121,142 321,751
    PERKINELMER INC 94,313 406,392
    POOL CORP 127,563 152,353
    REPLIGEN CORP 58,180 92,174
    ROLLINS INC 90,602 152,060
    SERVICE CORP INTERNATIONAL 232,422 323,913
    SHAKE SHACK INC - CLASS A 47,298 75,539
    SS&C TECHNOLOGIES HOLDINGS 234,952 420,422
    TENABLE HOLDINGS INC 61,177 81,003
    TORO CO 191,735 296,944
    TRACTOR SUPPLY COMPANY 206,254 252,341
    ULTA BEAUTY INC 191,309 280,842
    VAIL RESORTS INC 230,337 291,792
    WILLIAMS-SONOMA INC 117,779 179,340
    STERIS PLC 134,334 180,821
    CLARIVATE PLC 211,432 384,715
    ALPHABET INC-CL C 112,641 665,714
    AMAZON.COM INC 38,079 429,915
    ANTHEM INC 158,844 185,269
    BERKSHIRE HATHAWAY INC-CL 133,936 393,483
    CAPITAL ONE FINANCIAL CORP 68,624 98,850
    CHARTER COMMUNICATIONS INC-A 117,741 299,682
    CITIGROUP INC 249,542 328,524
    COMCAST CORP-CLASS A 322,414 521,432
    DISH NETWORK CORP-A 122,619 119,755
    FACEBOOK INC-CLASS A 205,816 360,025
    GENERAL MOTORS CO 133,802 163,395
    GENERAL ELECTRIC CO 267,980 341,334
    GOLDMAN SACHS GROUP INC 165,761 348,361
    HILTON WORLDWIDE HOLDINGS IN 136,746 228,751
    LIBERTY BROADBAND-C 48,425 95,655
    MARRIOTT INTERNATIONAL -CL A 205,921 383,096
    MICROSOFT CORP 68,437 614,769
    MORGAN STANLEY 54,531 203,534
    NETFLIX INC 112,100 208,722
    UNITEDHEALTH GROUP INC 39,349 295,974
    WABTEC CORP 55,610 64,270
    WALT DISNEY CO/THE 116,057 236,259
    WELLS FARGO & CO 354,718 336,899
    WOODWARD INC 50,316 63,925
    AERCAP HOLDINGS NV 89,756 81,041
    AON PLC-CLASS A 153,301 362,117
    LYONDELLBASELL INDU-CL A 33,988 78,278
    ACTIVISION BLIZZARD INC 287,429 343,545
    ALPHABET INC-CL C 128,942 404,684
    AMERICAN EXPRESS CO 311,723 383,889
    BLACKROCK INC 195,829 303,047
    BOOKING HOLDINGS INC 120,265 155,909
    CAMPBELL SOUP CO 545,617 558,443
    COCA-COLA CO/THE 304,376 387,993
    DOMINO'S PIZZA INC 308,430 308,685
    EBAY INC 612,052 685,913
    HOME DEPOT INC 186,599 257,651
    JOHNSON & JOHNSON 444,472 476,075
    MCDONALD'S CORP 118,823 269,298
    MICROSOFT CORP 153,509 372,554
    PEPSICO INC 362,109 407,825
    PROCTER & GAMBLE CO/THE 329,188 368,721
    QUALCOMM INC 325,852 430,361
    SHERWIN-WILLIAMS CO/THE 96,415 165,355
    TARGET CORP 333,755 485,458
    UNITED PARCEL SERVICE-CL B 415,410 446,260
    WALMART INC 118,043 281,093
    WALT DISNEY CO/THE 15,590 36,236
    WILLIAMS-SONOMA INC 224,562 468,464
    DIAGEO PLC-SPONSORED ADR25243Q-20-5 TICKER:DEO 251,146 321,590
    LVMH MOET HENNESSY-UNSP ADR502441-30-6 TICKER:LVMU EXT: Y 142,904 177,740
    NESTLE SA-SPONS ADR641069-40-6 TICKER:NSRG EXT: Y 220,569 371,070

    TY 2020 InvestmentsOtherSchedule2
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CITADEL KENSINGTON GLOBAL STRATEGIES FUND LTD AT COST 4,257,007 5,300,897
    CADIAN OFFSHORE FUND LTD AT COST 2,932,655 9,898,421
    ELLIOT INTERNATIONAL LTD AT COST 3,000,000 8,398,774
    GLENVIEW CAPITAL PARTNERS LTD AT COST 1,017,115 439
    HIGHFIELD CAPITAL LTD AT COST 0 651
    EP ABSOLUTE (FKA INST'L DIVERS ARB STR LTD C1 ) AT COST 5,500,000 5,770,842
    EP HEDGED EQUITY STRATEGIES (FKA INST'L INVEST FUND LTD C1) AT COST 5,000,000 9,705,477
    EP CONCENTRATED EQUITY STRATEGIES (FKA INST'L CONCENT EQUITY STR LTD C1 ) AT COST 2,039,464 3,412,809
    KING STREET CAPITAL LTD AT COST 0 27,377
    MILLENNIUM INTERNATIONAL LTD AT COST 2,493,689 8,433,732
    ACQUISITION FUND FIVE LP AT COST 129,546 131,360
    ACQUISITION FUND 2006 LP AT COST 126,057 110,637
    ACQUISITION FUND 2007 LP AT COST 210,310 207,687
    ACQUISITION FUND 2008 LP AT COST 317,756 277,893
    ASIA ACQUISITION FUND LP AT COST 107,868 103,507
    EP ASIA EQUITY STRATEGIES (FKA ASIA INVESTMENTS LP) AT COST 10,350,751 10,350,751
    OVERSEAS ACQUISITION FUND FOUR LP AT COST 54,739 50,160
    REAL ESTATE ACQUISITION FUND THREE LP AT COST 309,407 271,987
    REAL ESTATE ACQUISITION FUND TWO LP AT COST 136,552 163,169
    EP ACQUISITION FUND LP AT COST 1,697,969 2,154,789
    ENERGY OPPORTUNITY FUND LP AT COST 2,472,048 1,919,706
    BAYOU CITY ENERGY II, LP AT COST 890,039 1,116,441
    THE CHILDREN'S INVESTMENT FUND AT COST 1,632,762 10,794,561
    PSF PARTNERS AT COST 2,528,944 2,274,960
    JUNTO OFFSHORE FUND LTD. AT COST 4,000,000 5,061,219
    CONSONANCE CAPITAL INVESTORS LTD. AT COST 1,750,000 3,236,504
    INSTITUTIONAL DIRECT LENDING FUND THREE LTD AT COST 1,500,000 3,758,373
    LEGACY VENTURE IX AT COST 1,110,300 1,240,749
    PEAK ROCK CAPITAL CREDIT FUND II-A AT COST 100,061 97,162
    PEAK ROCK CAPITAL FUND II-A AT COST 907,684 1,104,011
    INSTITUTIONAL DIST. OPP FUND LTD AT COST 4,125,000 4,354,302
    EP LIFE SCIENCES AT COST 9,000,000 16,071,432
    EP PRIVATE CREDIT STRATEGIES LT AT COST 5,230,533 5,230,533
    EP PRIVATE EQUITY STRATEGIES AT COST 1,625,000 1,625,000
    TIGER GLOBAL LTD AT COST 4,836,276 4,836,276
    OWL VENTURES OPPORTUNITY FUND I AT COST 189,543 191,519
    OWL VENTURES IV AT COST 122,108 135,000

    TY 2020 LegalFeesSchedule
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 628 0   628


    TY 2020 OtherExpensesSchedule
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 654 654   0
    CUSTODY FEES - JPMORGAN 18,114 18,114   0
    OUTSIDE CONSULTANTS 194,480 48,620   145,860
    NYS FILING FEES 1,500 0   1,500
    THRU PARTNERSHIP INVESTMENTS 594,642 543,759   0
    INSURANCE 2,250 0   2,250


    TY 2020 OtherIncomeSchedule2
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    THRU PARTNERSHIP INVESTMENTS 155,263 274,720 155,263
    OTHER ORDINARY INCOME FROM INVESTMENTS 2,477,328 2,477,328 2,477,328


    TY 2020 OtherIncreasesSchedule
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Description Amount
    OTHER CHANGES IN FUND BALANCES 4,615,225


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 314,743 314,743   0


    TY 2020 TaxesSchedule
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES - JPMORGAN 4,379 4,379   0
    FOREIGN TAXES - THRU PARTNERSHIP INVESTMENTS 9,748 9,748   0
    FEDERAL EXCISE TAXES 90,000 0   0