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
SFF FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)300 BLVD OF THE AMERICAS NO 201
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAKEWOOD, NJ08701
A Employer identification number

20-8522594
B Telephone number (see instructions)

(732) 415-7153
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$25,044,478J 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) 5,658,915
2 Check bullet.............
3 Interest on savings and temporary cash investments 6,077 6,077  
4 Dividends and interest from securities... 186,457 186,457  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -186,403
b Gross sales price for all assets on line 6a 7,434,268
7 Capital gain net income (from Part IV, line 2)... 3,474,379
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 319,259 319,259  
12 Total. Add lines 1 through 11........ 5,984,305 3,986,172  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,995 1,998   1,997
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,279 3,279   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 1,381 1,381   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 8,655 6,658   1,997
25 Contributions, gifts, grants paid....... 1,314,000 1,314,000
26 Total expenses and disbursements. Add lines 24 and 25 1,322,655 6,658   1,315,997
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,661,650
b Net investment income (if negative, enter -0-) 3,979,514
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............. 66,254 147,613 147,613
2 Savings and temporary cash investments......... 720,756 6,647,709 6,647,709
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)....... 0 Click to see attachment2,000,000 2,110,674
c Investments—corporate bonds (attach schedule)....... 9,552,475 Click to see attachment8,184,116 8,405,008
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,874,322 Click to see attachment3,860,019 7,733,474
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) 16,213,807 20,839,457 25,044,478
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 16,213,807 20,839,457
29 Total net assets or fund balances (see instructions)..... 16,213,807 20,839,457
30 Total liabilities and net assets/fund balances (see instructions). 16,213,807 20,839,457
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
16,213,807
2
Enter amount from Part I, line 27a .....................
2
4,661,650
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
20,875,457
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
36,000
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
20,839,457
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 PUBLICLY TRADED SECURITIES P    
c PUBLICLY TRADED SECURITIES P    
d PUBLICLY TRADED SECURITIES P    
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 5,498,523   1,998,133 3,500,390
b 11,775     11,775
c 250,000   243,756 6,244
d 1,673,970   1,718,000 -44,030
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       3,500,390
b       11,775
c       6,244
d       -44,030
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 3,474,379
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 55,315
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 55,315
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 55,315
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 1,137
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 56,452
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 ofbulletMORDY SCHRON Telephone no.bullet (732) 415-7143

    Located atbullet911 EAST COUNTY LINE ROAD NO 204LAKEWOODNJ ZIP+4bullet08701
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    AVI SCHRON TRUSTEE
    0.00     		0 0 0
    911 EAST COUNTY LINE ROAD
    LAKEWOOD,NJ08071
    ELI SCHRON TRUSTEE
    0.00     		0 0 0
    911 EAST COUNTY LINE ROAD
    LAKEWOOD,NJ09071
    MARK SCHRON TRUSTEE
    0.00     		0 0 0
    911 EAST COUNTY LINE ROAD
    LAKEWOOD,NJ08071
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    17,345,777
    b
    Average of monthly cash balances.......................
    1b
    2,073,708
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    19,419,485
    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
    19,419,485
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    291,292
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    19,128,193
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    956,410
    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
    956,410
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    55,315
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    55,315
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    901,095
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    901,095
    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
    901,095
    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
    1,315,997
    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
    1,315,997
    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
    1,315,997
    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 7 901,095
    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...... 538,373
    b From 2016...... 512,209
    c From 2017...... 610,841
    d From 2018...... 532,005
    e From 2019...... 730,709
    fTotal of lines 3a through e........ 2,924,137
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,315,997
    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..... 901,095
    e Remaining amount distributed out of corpus 414,902
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 3,339,039
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		538,373
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		2,800,666
    10 Analysis of line 9:
    a Excess from 2016.... 512,209
    b Excess from 2017.... 610,841
    c Excess from 2018.... 532,005
    d Excess from 2019.... 730,709
    e Excess from 2020.... 414,902
    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
    YESHIVAH GEDOLAH BEER HATORAH
    1430 HEATHWOOD AVE
    LAKEWOOD,NJ08701     		  PC RELIGIOUS AND EDUCATIONAL PURPOSES 10,000
    BAIS HATALMUD
    2127 82ND STREET
    BROOKLYN,NY11214     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA BETH JOSEPH
    1502 AVE N
    BROOKLYN,NY11230     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    BETH MEDRASH GOVOHA
    601 PRIVATE WAY
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 20,000
    BET MIDRASH OHEL TORAH
    1126 CAROLINA ST
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    BAIS MEDRASH TORAS CHESED
    910 MONMOUTH AVE
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA GEDOLAH OF BRICK
    511 OCEAN AVE
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVAH GEDOLAH KNESSES BAIS YISROEL
    805 FOREST AVE
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    BAIS YOSEF OF LAKEWOOD
    1125 ROBIN DR
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA CHEMDAS HATORAH
    950 MASSACHUSETTS AVE
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    CONGREGATION YESHIVA MEHALECH HATORAH
    213 PRIVATE WAY
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA DARCHEI TORAH
    257 BEACH 17TH STREET
    FAR ROCKAWAY,NY11691     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    DERECH CHAIM
    1573 39TH STREET
    BROOKLYN,NY11218     		    RELIGIOUS OR EDUCATIONAL PURPOSES 15,000
    DERECH AYSON
    802 HICKSVILLE RD
    FAR ROCKWAY,NY11691     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA GEDOLAH ATERES MORDECHAI
    24600 GREENFIELD ROAD
    OAK PARK,MI48237     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA EITS CHAIM OF HILLSIDE
    1845 52ND STREET APT 5
    BROOKLYN,NY11204     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    EMEK HATORAH
    395 KENT RD
    HOWELL,NJ07731     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA OF HAMILTON
    975 CROSS ST
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    HEICHAL HATORAH
    433 BARTLETT AVE
    STATEN ISLAND,NY10312     		    RELIGIOUS OR EDUCATIONAL PURPOSES 18,000
    BAIS MEDRASH ATERES SHLOMO
    191 VIOLA RD
    MONSEY,NY10952     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    KENESET BAIS AHRON
    415 1ST STREETAPT B
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    KEREN HATORAH
    121 2ND STREET/1083 BROOK RD
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    KEREN SHLOMO
    401 WARREN ST
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA GEDOLAH KESSER TORAH
    PO BOX 300
    MONSEY,NY10952     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    MESIVTA OF LONG BEACH
    205 WEST LONG BEECH ST
    LONG BEACH,NY11561     		    RELIGIOUS OR EDUCATIONAL PURPOSES 18,000
    YESHIVA GEDOLAH NEOS YAAKOV
    3 SHOSHAN DR
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 18,000
    MESIVTA OF LAKEWOOD
    415 SIXTH STREET
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    MIRRER YESHIVA CENTRAL INSTITUTE
    1791 OCEAN PARKWAY
    NEW YORK,NY11223     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA OHR NAFTOLI
    701 BLOOMING GROVE TNPK
    NEW WINDSOR,NY12553     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    NOAM HATALMUD
    316 11TH STREET
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA OF OCEAN
    POB 357
    GREENFIELD PARK,NY12435     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    OHEL YAAKOV
    47 RED SCHOOLHOUSE RD
    CHESTNUT RIDGE,NY10977     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    MESIVTA OHEL TORAH
    PO 466
    MONSEY,NY10952     		    RELIGIOUS OR EDUCATIONAL PURPOSES 7,500
    TALMUDIC RESEARCH CENTER
    35 ASCENSION STREET
    PASSAIC,NJ07055     		    RELIGIOUS OR EDUCATIONAL PURPOSES 20,000
    YESHIVA GEDOLAH OF PATERSON
    555 15TH AVE
    PATERSON,NJ07504     		    RELIGIOUS OR EDUCATIONAL PURPOSES 15,000
    TALMUDIC YESHIVA OF PHILADELPHIA
    6063 DREXEL ROAD
    PHILADELPHIA,PA19131     		    RELIGIOUS OR EDUCATIONAL PURPOSES 18,000
    CONG YESHIVA OHR HAMEIR
    141 FURNACE WOOD ROAD
    COURTLAND MANOR,NY10567     		    RELIGIOUS OR EDUCATIONAL PURPOSES 18,000
    YESHIVA GEDOLAH OF RAMPO
    115 TRAILS END ROAD
    NEW CITY,NY10956     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    CONG YESHIVA OF TELSHE ALUMNI
    4904 INDEPENDENCE AVE
    RIVERDALE,NY10471     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    R' JACOB JOSEPH SCOOL
    1 PLAINFIELD AVENUE
    EDISON,NJ08817     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    BAIS MEDRASH OF ROCKLAND
    PO BOX 995
    MONSEY,NY10952     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA BETH MOSHE-SCRANTON
    930 HICKORY STREET
    SCRANTON,PA18505     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    CONG SHAAR HATALMUD
    1139 E 14
    BROOKLYN,NY11230     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA TORAHS CHAIM
    999 RIDGE AVE
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    TELSHE YESHIVA-CHICAGO
    3535 WEST FOSTER AVE
    CHICAGO,IL60625     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    TELSHE CLEVELAND
    28400 EUCLID AVE
    CLEVLAND,OH44092     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    TIFERES ELIMELECH
    1650 56TH STREET
    BROOKLYN,NY11204     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA GEDOLA TORONTO
    567 LAWRENCE AVE
    TORONTO,ONTARIOM6A1A5
    CA     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA GEDOLAH WOODLAKE VILLAGE
    199 JOE PARKER RD
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVAS BAIS SHMUEL
    POB 238
    ADELPHIA,NJ07710     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA CHAIM BERLIN
    1605 CONEY ISLAND AVE
    BROOKLYN,NY11230     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA GEDOLAH OF MONMOUTH COUNTY
    77 COLES WAY
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA GEDOALH OHR TORAH
    270 SEVEN SPRINGS MOUNTAIN RD
    MONROE,NY10950     		    RELIGIOUS OR EDUCATIONAL PURPOSES 7,500
    YESHIVA GEDOLAH SOUTH MONSEY
    10 ALGONQUIN CIRCLE
    MONSEY,NY10952     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA RUACH CHAIM
    73 MAIN ST
    MONSEY,NY10952     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA TIFERES BORUCH INC
    21 ROCKVIEW AVE
    NORTH PLAINFIELD,NJ07060     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA ZICHRON MEILECH INC
    510 DAHILL ROAD
    BROOKLYN,NY11218     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA GEDOLAH ZICHRON MOSHE
    PO BOX 580
    SOUTH FALLSBURG,NY12779     		    RELIGIOUS OR EDUCATIONAL PURPOSES 18,000
    AFO YESHIVAS HAGRACH
    3655 JOHNSON AVE
    RIVERDALE,NY10463     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVAT NACHLAT HALEVIM
    42 DOVER TER
    MONSEY,NY10952     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    FRIENDS OF AHAVAT SHALOM
    C/O CHERRYTOUCH 1430 BROADWAY ROOM
    704
    NEW YORK,NY10018     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVA AMALAH SHEL TORAH
    500 2ND STREET
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    FRIENDS OF BRISKER YESHIVA
    2166 81ST STREET
    BROOKLYN,NY11214     		    RELIGIOUS OR EDUCATIONAL PURPOSES 15,000
    YESHIVAT BEITH MATITYAHU
    107 REID AVE
    PASSAIC,NJ07055     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    AMERICAN FRIENDS OF BEER HATORAH IN
    294 HIGH STREET
    PASSAIC,NJ07055     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    AMERICAN FRIENDS OF BIRKAT EFRAIM
    147-16 68 DR
    FLUSHING,NY11367     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    BAIS MEDRASH ELYON
    41 ALBERT DR
    MONSEY,NY10952     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    AMERICAN FRIENDS OF THE GREAT CHEVRON YESHIVA
    41 EAST 8TH STREET
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    CONG KOLLEL BRESLOV
    1250 OCEAN PARKWAY APT 1C
    BROOKLYN,NY11230     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    KNESSET YITZCHOK
    4515 10TH AVENUE
    BROOKLYN,NY11219     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    KOLLEL CHAZON ISH
    1160 EAST 9TH STREET
    BROOKLYN,NY11230     		    RELIGIOUS OR EDUCATIONAL PURPOSES 18,000
    THE HEBRON YESHIVA
    1220 BROADWAY STE 406
    NEWYORK,NY10001     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    CHOCHMAT SHLOMO INC
    365 ROUTE 59 SUITE 153
    AIRMONT,NY10952     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    KHT DARCHEI DAVID
    1616 EAST 10 TH STREET
    BROOKLYN,NY11223     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    INSTITUTE FOR DAYANIM
    2048 EAST 17TH STREET
    BROOKLYN,NY11229     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    AFO DERECH CHOCHMA
    C/O ZELL 1781 EAST 23RD
    BKLYN,NY11229     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    AMERICAN FRIENDS OF GAON YAKOV
    PO BOX 200
    MONSEY,NY10952     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    SHAAR HATORAH
    309 DEWEY AVE
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVAT HANEGEV
    1616 59TH STREET
    BROOKLYN,NY11204     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    CONG YESHIVAS BETH HILLEL
    145 EAST BROADWAY
    NEW YORK,NY10002     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    KAMENTIZER YESHIVA OF JERUSALEM
    1000 CROSS STREET
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    KHT MISHKENOT HATORAH CAMPAIGN
    1616 EAST 10 TH STREET
    BROOKLYN,NY11223     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    AMERICAN FRIENDS OF TIFERES TZION
    13 WASHINGTON AVE
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    BETH ABBA TRUST
    1524 EAST 22ND STREET
    BROOKLYN,NY11210     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    CONGREGATION SUPPORTERS OF TORAH
    1700 MADISON AVE 30
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    CONGREGATION OHR TORAH
    365 ROUTE 59 SUITE 110
    AIRMONT,NY10952     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    CONG OHR TORAH INC
    365 ROUTE 59 SUITE 110
    AIRMONT,NY10952     		    RELIGIOUS OR EDUCATIONAL PURPOSES 18,000
    KEREN ORA BAGLIL
    19024 ARCHWOOD ST
    RESEDA,CA91335     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    KHT-MEOR HATOAH CAMPAIGN
    1616 EAST 10 TH STREET
    BROOKLYN,NY11223     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    AMERICAN FRIENDS OF MEOR HATALMUD
    138-46 76TH AVE
    FLUSHING,NY11367     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    MIRRER JERUSALEM
    5227 NEW UTERECHT AVE
    BROOKLYN,NY11219     		    RELIGIOUS OR EDUCATIONAL PURPOSES 18,000
    NACHLOS MOSHE
    26A CARNATION DRIVE
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    NER MOSHE
    127 FOREST DR
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHIVAS NETIV HADAAT
    738 CAFFREY AVE
    FAR ROCKAWAY,NY11691     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    AMERICAN FRIENDS OF DAAS AHARON INC
    1527 CEDARWOOD DRIVE
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    OHR HATORAH
    1011 EAST 29TH STREET
    BROOKLYN,NY11210     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    AMERICAN FRIENDS OF ORCHAS TORAH
    5807 12TH AVE
    BROOKLYN,NY11219     		    RELIGIOUS OR EDUCATIONAL PURPOSES 18,000
    AMERICAN FRIENDS OF RCT
    1274 49TH STREET
    BROOKLYN,NY11219     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    FRIENDS OF OR ISRAEL
    1543 51ST STREET
    BROOKLYN,NY11219     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    AFO PONEVEZ YESHIVA
    1133 BROADWAY 823
    NEW YORK,NY10010     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    AMERICAN FOUNDATION FOR RASHBI
    684 9TH ST
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    MEOROT TRUST
    9 HAWK WAY
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    SHAAREI SHMUOS
    1000 CROSS STREET SUITE 5
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    ALUMNI OF THE RABBINICAL COLLEGE
    5722 15 AVE
    BROOKLYN,NY11219     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    AMERICAN FRIENDS OF RCT
    1274 49TH STREET
    BROOKLYN,NY11219     		    RELIGIOUS OR EDUCATIONAL PURPOSES 18,000
    KHT-CHANICHEI HAYESHIVOT CAMPAIGN
    1616 EAST 10 TH STREET
    BROOKLYN,NY11223     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    BAIS MEDRASH TAHAROS
    1713 54TH STREET
    BROOKLYN,NY11204     		    RELIGIOUS OR EDUCATIONAL PURPOSES 18,000
    BAIS MEDRASH TEHILLAS SHLOMO
    POB 79 LKWD
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    TIFRACH TORAH CENTER
    246 ENCLAVE BLVD
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 18,000
    CONG TIFERES TZVI
    11-12TH STREET
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    TOMCHEI TORAH OF PONEVEZ
    1469 N LAKE DR
    LAKEWOOD,NJ08701     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    AMERICAN FRIENDS OF YESHIVA KODSHIM
    7901 21ST AVENUE
    BROOKLYN,NY11214     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YAD ARON
    200 B MAIN AVE
    PASSAIC,NJ07055     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    MIGDAL OZ
    1114 57TH STREET
    BROOKLYN,NY11219     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    YESHVA TORAS YISRAEL
    365 ROUTE 59 STE110
    AIRMONT,NY10952     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    AMERICN FRIENDS OF YAGDIL TORAH
    419 BEACH 9TH ST
    FAR ROCKAWAY,NY11691     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    PEF ISRAEL ENDOWMENT FUNDS INC
    630 THIRD AVENUE 15TH FLOOR
    NEW YORK,NY10017     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    ZOHAR HATORAH
    4 EAST 34TH STREET
    NEW YORK,NY10016     		    RELIGIOUS OR EDUCATIONAL PURPOSES 10,000
    Total .................................bullet 3a 1,314,000
    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 6,077  
    4 Dividends and interest from securities....     14 186,457  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 319,259  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -186,403  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 325,390 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    325,390
    (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
    SFF FOUNDATION
     
    Employer identification number

    20-8522594
    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
    SFF FOUNDATION
          		Employer identification number
    20-8522594
    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
    MEL MAC ALT LLC
     
    45 BROADWAY 25TH FL
     
    NEW YORK, NY10006

    		$ 5,658,915


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    SFF FOUNDATION
          		Employer identification number

    20-8522594
    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
    1
    		 PUBLICLY TRADED SECURITIES $ 5,658,915 2020-09-03
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    SFF FOUNDATION
          		Employer identification number

    20-8522594
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    SFF FOUNDATION
    EIN:
    20-8522594
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,995 1,998   1,997

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    SFF FOUNDATION
    EIN:
    20-8522594
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GENEVA FINANCIAL GROUP 8,184,116 8,405,008

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    SFF FOUNDATION
    EIN:
    20-8522594
    Name of Stock End of Year Book Value End of Year Fair Market Value
    JPM EDGEWOOD 1,000,000 1,064,494
    JPM POLLEN 1,000,000 1,046,180

    TY 2020 InvestmentsOtherSchedule2
    Name:
    SFF FOUNDATION
    EIN:
    20-8522594
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ARMISTICE CAPITAL OFFSHORE FUND LTD. FMV 1,000,000 1,589,010
    MILLENIUM INTERNATIONAL LTD. FMV 1,360,019 3,586,006
    WOODMONT INVESTMENT LIMITED FMV 1,500,000 2,558,458

    TY 2020 OtherDecreasesSchedule
    Name:
    SFF FOUNDATION
    EIN:
    20-8522594
    Description Amount
    PRIOR PERIOD ADJUSTMENT 36,000


    TY 2020 OtherExpensesSchedule
    Name:
    SFF FOUNDATION
    EIN:
    20-8522594
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 26 26   0
    FILING FEES 750 750   0
    INVESTMENT FEES 605 605   0


    TY 2020 OtherIncomeSchedule2
    Name:
    SFF FOUNDATION
    EIN:
    20-8522594
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BROOKFIELD INFRASTRUCTURE PARTNERS LP 2 2 0
    NATIONAL FINANCIAL SERVICES LLC 319,257 319,257 0


    TY 2020 TaxesSchedule
    Name:
    SFF FOUNDATION
    EIN:
    20-8522594
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX ON INVESTMENT INCOME 3,279 3,279   0