Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
CAROLYN AND PETER FRIEDMAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)76 MAIN STREET STE A
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TIBURON, CA94920
A Employer identification number

83-2838067
B Telephone number (see instructions)

(415) 435-5966
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$4,242,270J 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) 1,349,600
2 Check bullet.............
3 Interest on savings and temporary cash investments 5,149 5,149 5,149
4 Dividends and interest from securities... 76,275 76,275 76,275
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 150,832
b Gross sales price for all assets on line 6a 674,451
7 Capital gain net income (from Part IV, line 2)... 150,832
8 Net short-term capital gain......... 71,281
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).......      
12 Total. Add lines 1 through 11........ 1,581,856 232,256 152,705
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 28,484     28,484
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 10,820     10,820
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,289     2,289
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 list of attachments 2,666     2,666
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 44,259 0   44,259
25 Contributions, gifts, grants paid....... 210,000 210,000
26 Total expenses and disbursements. Add lines 24 and 25 254,259 0   254,259
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,327,597
b Net investment income (if negative, enter -0-) 232,256
c Adjusted net income (if negative, enter -0-)... 152,705
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............. 1,420 7,287 7,287
2 Savings and temporary cash investments.........      
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)....... 2,127,122 Click to see attachment3,125,280 3,501,803
c Investments—corporate bonds (attach schedule)....... 118,023 Click to see attachment275,463 275,960
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 260,340 Click to see attachment426,531 457,220
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) 2,506,905 3,834,561 4,242,270
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
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........ 2,506,905 3,834,561
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,506,905 3,834,561
30 Total liabilities and net assets/fund balances (see instructions). 2,506,905 3,834,561
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
2,506,905
2
Enter amount from Part I, line 27a .....................
2
1,327,597
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
59
4
Add lines 1, 2, and 3 ..........................
4
3,834,561
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,834,561
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 25000 25M AUTODESK, INC. 3.125% 06/15/20 P 2018-12-26 2020-03-04
b 25000 25M BANK OF AMERICA 5.625% 07/01/20 P 2018-12-26 2020-07-01
c 25000 25M MCDONALD'S CORP 3.5% 07/15/20 P 2018-12-26 2020-07-15
d 15000 15M OMNICOM GROUP INC 4.45% 08/15/20 P 2018-12-26 2020-03-23
e 100 ADOBE, INC P 2018-12-26 2020-01-07
100 APPLE INC. P 2018-12-26 2020-01-29
100 APPLE INC. P 2018-12-26 2020-07-15
1000 BANK OF AMERICA P 2019-01-09 2020-12-09
500 BANK OF AMERICA P 2019-01-25 2020-12-09
500 BANK OF AMERICA P 2019-08-22 2020-12-09
1000 DIGIMARC CORP P 2019-09-05 2020-11-12
50 DIGIMARC CORP P 2019-12-23 2020-11-12
950 DIGIMARC CORP P 2019-12-23 2020-11-12
100 HOME DEPOT INC P 2018-12-26 2020-11-13
100 HOME DEPOT INC P 2019-01-07 2020-11-13
15 INTEL CORP P 2019-04-26 2020-01-24
45 INTEL CORP P 2019-04-26 2020-01-24
95 INTEL CORP P 2019-04-26 2020-01-24
105 INTEL CORP P 2019-04-26 2020-01-24
240 INTEL CORP P 2019-04-26 2020-01-24
500 MODERNA INC P 2020-11-12 2020-11-16
100 MODERNA INC P 2020-11-17 2020-11-30
100 MODERNA INC P 2020-11-17 2020-11-30
100 MODERNA INC P 2020-11-17 2020-11-30
100 MODERNA INC P 2020-11-17 2020-11-30
100 MODERNA INC P 2020-11-17 2020-11-30
500 NOVOCURE LTD P 2020-01-09 2020-11-20
1000 PFIZER INC P 2019-01-14 2020-12-08
500 PFIZER INC P 2019-08-22 2020-12-08
0.2366 VIATRIS INC P 2019-01-14 2020-11-17
0.2366 VIATRIS INC P 2019-01-14 2020-11-17
123.8422 VIATRIS INC P 2019-01-14 2020-11-18
123.8422 VIATRIS INC P 2019-01-14 2020-11-18
62.0394 VIATRIS INC P 2019-08-22 2020-11-18
62.0394 VIATRIS INC P 2019-08-22 2020-11-18
0.2366 VIATRIS INC P 2019-08-22 2020-11-18
(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 25,115   24,927 188
b 25,000   26,546 -1,546
c 25,000   25,579 -579
d 15,238   15,508 -270
e 35,320   22,449 12,871
32,650   15,342 17,308
37,542   15,342 22,200
28,796   25,780 3,016
14,398   14,663 -265
14,398   13,634 764
36,133   40,862 -4,729
1,807   1,663 144
34,326   31,626 2,700
27,590   16,691 10,899
27,590   17,639 9,951
1,025   781 244
3,075   2,343 732
6,493   4,948 1,545
7,176   5,467 1,709
16,402   12,498 3,904
48,527   43,138 5,389
14,914   9,292 5,622
14,914   9,292 5,622
14,914   9,293 5,621
14,914   9,293 5,621
14,914   9,294 5,620
66,614   39,806 26,808
42,469   40,184 2,285
21,235   16,589 4,646
4     4
4   4  
1,982   16 1,966
1,982   2,212 -230
993     993
993   915 78
4   3 1
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       188
b       -1,546
c       -579
d       -270
e       12,871
      17,308
      22,200
      3,016
      -265
      764
      -4,729
      144
      2,700
      10,899
      9,951
      244
      732
      1,545
      1,709
      3,904
      5,389
      5,622
      5,622
      5,621
      5,621
      5,620
      26,808
      2,285
      4,646
      4
       
      1,966
      -230
      993
      78
      1
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 150,832
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 71,281
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 3,228
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 3,228
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,228
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 44
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 3,272
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    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)
    bulletCA
    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 ofbulletDAVID B BENNETTCPA Telephone no.bullet (415) 435-5966

    Located atbullet76 MAIN STREET SUITE ATIBURONCA ZIP+4bullet94920
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    BRIAN SWIFT President & CEO
    8.00     		17,884    
    69 BEACH RD
    BELVEDERE,CA94920
    EINAR L ASBO Secretary
    2.00     		800    
    100 THORNDALE DRIVE 271
    SAN RAFAEL,CA94903
    DAVID B BENNETT Treasurer
    4.00     		8,200    
    76 MAIN ST A
    TIBURON,CA94920
    JOSHUA A THOMASSON Director
    2.00     		800    
    1940 PARK NEWPORT
    NEWPORT BEACH,CA92660
    PETER G THOMASSON Director
    2.00     		800    
    1409 SUPERIOR AVE 1
    NEWPORT BEACH,CA92663
    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  
    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.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    0
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    0
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    0
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    0
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    0
    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
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,228
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,228
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,228
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    3,228
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    0
    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
    254,259
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    254,259
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    254,259
    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 0
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019...... 138,732
    fTotal of lines 3a through e........ 138,732
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 254,259
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus 254,259
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 392,991
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		392,991
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019.... 138,732
    e Excess from 2020.... 254,259
    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
    HUCKLEBERRY YOUTH PROGRAM
    3450 GEARY BLVD
    SAN FRANCISCO,CA94118     		NONE   SUPPORT PROG/CAPITAL IMPROV PROG 100,000
    TIBURON SUNSET ROTARY CLUB FOUNDATION
    PO BOX 236
    TIBURON,CA94920     		NONE   SUPPORT PROGRAMS 25,000
    GLOBAL BOOK EXCHANGE
    852 DEL GANADO RD
    SAN RAFAEL,CA94903     		NONE   SUPPORT PROGRAMS 10,000
    MARIN FOOD BANK
    900 PENNSYLVANIA AVE
    SAN FRANCISCO,CA94107     		NONE   SUPPORT PROGRAMS 50,000
    WARM WISHES
    5800 NORTHGATE DR
    SAN RAFAEL,CA94903     		NONE   SUPPORT PROGRAMS 25,000
    Total .................................bullet 3a 210,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		        5,149
    4 Dividends and interest from securities....         76,275
    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 ............     		        150,832
    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)..     232,256
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    232,256
    (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: 20011551
    Software Version: 2020v4.0


    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
    CAROLYN AND PETER FRIEDMAN FOUNDATION
     
    Employer identification number

    83-2838067
    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
    CAROLYN AND PETER FRIEDMAN FOUNDATION
          		Employer identification number
    83-2838067
    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
    CAROLYN FRIEDMAN TRUST
    PO BOX 1838
     
    MILL VALLEY, CA94942

    		$ 1,349,600


    (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
    CAROLYN AND PETER FRIEDMAN FOUNDATION
          		Employer identification number

    83-2838067
    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
     
    		$    
    (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
    CAROLYN AND PETER FRIEDMAN FOUNDATION
          		Employer identification number

    83-2838067
    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: 20011551
    Software Version: 2020v4.0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    CAROLYN AND PETER FRIEDMAN FOUNDATION
    EIN:
    83-2838067
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    25M SHS AUTODESK, INC    
    25M BANK OF AMERICA 5.625% 07/01/20    
    25M SHS MCDONALD'S CORP 3.5% 07/15/20    
    25M SHS NORDSTROM INC 4% 10/15/21 25,463 25,313
    15M SHS OMNICOM GROUP IN 4.45% 08/15/20    
    25M MORGAN STANLEY PR 1.7% 02/26/21 250,000 250,647

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    CAROLYN AND PETER FRIEDMAN FOUNDATION
    EIN:
    83-2838067
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    200 SHS CHEVRON 21,421 16,890
    25 SHS EXXON MOBIL CORP 1,688 1,031
    1089 SHS GENERAL ELECTRIC 7,742 11,761
    100 SHS HOME DEPOT    
    51 SHS JP MORGAN CHASE & CO 4,863 6,481
    853 SHS MERCK & CO, INC 63,182 69,775
    500 SHS MICROSOFT 49,398 111,210
    400 SHS NEXTERA ENERGY INC 17,005 30,860
    200 SHS PROCTOR & GAMBLE 18,025 27,828
    1,236 SHS U.S. BANCORP 55,478 57,585
    250 SHS VERIZON COMMUNICATION 13,565 14,688
    50 SHS WALT DISNEY CO 5,234 9,059
    400 SHS WASTE MANAGEMENT INC 34,686 47,172
    150 SHS WELLS FARGO BANK 6,704 4,527
    300 SHS ADOBE INC. 67,347 150,036
    700 SHS JOHNSON & JOHNSON 89,425 110,166
    400 SHS UNITED HEALTH GRP INC 98,920 140,272
    50 SHS ALPHABET INC CLASS C 51,022 87,594
    900 SHS APPLE INC 34,520 119,421
    1000 SHS AT&T 29,441 28,760
    300 SHS APPLE INC 11,753 39,807
    1000 SHS BANK OF AMERICA    
    500 SHS BANK OF AMERICA    
    500 SHS BANK OF AMERICA    
    100 SHS BERKSHIRE HATHAWAY 19,771 23,187
    100 SHS BOEING CO 35,548 21,406
    100 SHS BOEING CO 34,649 21,406
    100 SHS CHEVRON 10,925 8,445
    100 SHS CHEVRON 11,171 8,445
    150 SHS CHEVRON 16,757 12,668
    1000 SHS CORNING INC 29,805 36,000
    40 SHS CORNING INC 1,129 1,440
    460 SHS CORNING INC 12,986 16,560
    100 SHS COSTCO 27,471 37,678
    200 SHS CROWN CASTLE INTL CO REIT 22,810 31,838
    1000 SHS DIGIMARC CORP    
    50 SHS DIGIMARC CORP    
    950 SHS DIGIMARC CORP    
    106 SHS DUPONT DE NEMOURS 8,177 7,538
    60 SHS DUPONT DE NEMOURS 5,137 4,267
    175 SHS EXXON MOBIL 12,100 7,214
    100 SHS EXXON MOBIL 7,194 4,122
    200 SHS EXXON MOBIL 14,400 8,244
    1000 SHS GENERAL ELECTRIC 8,267 10,800
    1000 SHS GENERAL ELECTRIC 7,916 10,800
    911 SHS GENERAL ELECTRIC 10,330 9,839
    1000 SHS GENERAL MOTORS CO 38,559 41,640
    750 SHS HCP INC REIT / HEALTHPEAK 22,515 22,673
    100 SHS HOME DEPOT    
    100 SHS HOME DEPOT 18,041 26,562
    15 SHS INTEL CORP    
    45 SHS INTEL CORP    
    95 SHS INTEL CORP    
    105 SHS INTEL CORP    
    240 SHS INTEL CORP    
    500 SHS INTEL CORP 25,588 24,910
    500 SHS INTEL CORP 22,544 24,910
    149 SHS JP MORGAN CHASE AND CO 14,547 18,933
    100 SHS JP MORGAN CHASE AND CO 9,968 12,707
    100 SHS JP MORGAN CHASE AND CO 10,349 12,707
    100 SHS MICROSOFT 10,245 22,242
    400 SHS NEXTERA ENERGY 17,221 30,860
    400 SHS NEXTERA ENERGY 17,771 30,860
    2000 SHS NEW RESIDENTIAL INVESTMENT 33,135 19,880
    750 SHS NXP SEMICONDUCTORS 58,958 119,258
    1000 SHS PFIZER INC    
    500 SHS PFIZER INC    
    500 SHS PFIZER INC 16,414 18,405
    500 SHS POST HOLDINGS INC 53,171 50,505
    100 SHS PROCTOR AND GAMBLE 9,120 13,914
    200 SHS PROCTOR AND GAMBLE 18,896 27,828
    250 SHS PROCTOR AND GAMBLE 25,719 34,785
    100 SHS REALITY INCM CORP REIT 6,270 6,217
    200 SHS REALITY INCM CORP REIT 12,996 12,434
    2000 SHS ROCHE HOLDING AG 64,620 87,680
    100 SHS U.S. BANCORP 4,680 4,659
    250 SHS VERIZON 14,274 14,688
    1000 SHS VERIZON 57,913 58,750
    200 SHS WALT DISNEY CO 22,074 36,236
    100 SHS WALT DISNEY CO 11,206 18,118
    150 SHS WALT DISNEY CO 16,809 27,177
    11.1116 SHS WASHINGTON PRIME GROUP 554 72
    55.5583 SHS WASHINGTON PRIME GROUP 2,766 362
    55.5583 SHS WASHINGTON PRIME GROUP 2,770 362
    77.7816 SHS WASHINGTON PRIME GROUP 3,872 506
    100.005 SHS WASHINGTON PRIME GROUP 4,978 651
    111.1166 SHS WASHINGTON PRIME GROUP 5,540 723
    144.4516 SHS WASHINGTON PRIME GROUP 7,190 940
    555.5833 SHS WASHINGTON PRIME GROUP 29,139 3,617
    555.5833 SHS WASHINGTON PRIME GROUP 25,593 3,617
    555.5833 SHS WASHINGTON PRIME GROUP 24,225 3,617
    100.005 SHS WASHINGTON PRIME GROUP 3,843 651
    455.5783 SHS WASHINGTON PRIME GROUP 17,519 2,966
    100 SHS WASTE MANAGEMENT INC 9,133 11,793
    150 SHS WELLS FARGO AND CO 7,026 4,527
    200 SHS WELLS FARGO AND CO 9,548 6,036
    500 SHS WELLS FARGO AND CO 25,099 15,090
    1000 YUM CHINA HOLDINGS INC 34,230 57,090
    1000 SHS AT&T 29,128 28,760
    500 SHS AT&T 14,118 14,380
    1000 SHS AMTRUST FINLS 7.5% 18,250 15,650
    100 SHS AMTRUST FINLS 7.5% 1,739 1,565
    100 SHS AMTRUST FINLS 7.5% 1,743 1,565
    100 SHS AMTRUST FINLS 7.5% 1,750 1,565
    700 SHS AMTRUST FINLS 7.5% 12,530 10,955
    1000 ARCHER-DANIELS MIDLAND 43,825 50,410
    1000 SHS ASTRAZENECA PLC 54,870 49,990
    100 SHS BERKSHIRE HATHAWAY 22,376 23,187
    100 SHS BOEING CO 33,170 21,406
    100 SHS BOEING CO 31,563 21,406
    100 SHS COSTCO WHOLESALE CO 31,741 37,678
    500 SHS EMERSON ELECTRIC CO 37,180 40,185
    500 SHS EMERSON ELECTRIC CO 34,908 40,185
    500 SHS EXXON MOBIL 28,567 20,610
    1000 SHS EXXON MOBIL 44,137 41,220
    400 SHS GENUINE PARTS CO 38,523 40,172
    400 SHS GENUINE PARTS CO 38,576 40,172
    500 SHS INTEL CORP 24,815 24,910
    1000 SHS KKR & CO 26,750 26,720
    500 SHS KNOW LABS INC 763 1,145
    4500 SHS KNOW LABS INC 6,885 10,305
    5000 SHS KNOW LABS INC 7,400 11,450
    500 SHS KNOW LABS INC 610 1,145
    2300 SHS KNOW LABS INC 2,852 5,267
    1000 SHS KNOW LABS INC 1,250 2,290
    1000 SHS KNOW LABS INC 1,250 2,290
    200 SHS KNOW LABS INC 252 458
    500 SHS MODERNA INC 83,166 52,235
    500 SHS MODERNA INC 58,455 52,235
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,543
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,543
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,543
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,543
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,543
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,543
    100 SHS NORWEGIAN CRUISE LINE` 2,108 2,543
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,543
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,543
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,543
    1000 SHS NORWEGIAN CRUISE LINE 27,987 25,430
    500 SHS NOVOCURE LTD 40,528 86,520
    1000 SHS OCCIDENTAL PETROL CO 40,909 17,310
    1000 SHS OCCIDENTAL PETROL CO 39,846 17,310
    2000 SHS OCCIDENTAL PETROL CO 27,815 34,620
    500 SHS OCCIDENTAL WARRANTS 2,475 3,405
    1000 SHS PFIZER INC 35,221 36,810
    300 SHS POST HOLDINGS INC 30,744 30,303
    100 SHS POST HOLDINGS INC. 9,077 10,101
    100 SHS POST HOLDINGS INC. 9,077 10,101
    500 SHS SYSCO CORP 41,127 37,130
    500 SHS SYSCO CORP 41,127 37,130
    1000 SHS THE COCA-COLA CO 53,000 54,840
    200 SHS VERIZON 12,037 11,750
    100 SHS VERIZON 6,019 5,875
    155 SHS VERIZON 9,329 9,106
    45 SHS VERIZON 2,709 2,644
    555.5833 SHS WASHINGTON PRIME GROUP 16,136 3,617
    555.5833 SHS WASHINGTON PRIME GROUP 14,248 3,617
    258.6796 SHS WASHINGTON PRIME GROUP 6,239 1,684
    296.9037 SHS WASHINGTON PRIME GROUP 7,156 1,933
    555.5833 SHS WASHINGTON PRIME GROUP 12,565 3,617
    555.5833 SHS WASHINGTON PRIME GROUP 11,239 3,617
    555.5833 SHS WASHINGTON PRIME GROUP 10,196 3,617
    555.5833 SHS WASHINGTON PRIME GROUP 8,946 3,617
    300 SHS WELLS FARGO & CO 13,969 9,054
    700 SHS WELLS FARGO & CO 16,747 21,126

    TY 2020 InvestmentsOtherSchedule2
    Name:
    CAROLYN AND PETER FRIEDMAN FOUNDATION
    EIN:
    83-2838067
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CHARLES SCHWAB BANK ACCOUNT AT COST 260,279 260,279
    INVESTMENT IN AMBULANT AT COST 75,000 75,000
    250 SHS HCP INC REIT AT COST 6,858 7,558
    2120 SHS MATTHEWS ASIA DIVIDEND AT COST 33,856 47,975
    300 SHS REALITY INCM CORP REIT AT COST 18,693 18,651
    300 SHS CROWN CASTLE INTL CO REIT AT COST 31,845 47,757

    TY 2020 LegalFeesSchedule
    Name:
    CAROLYN AND PETER FRIEDMAN FOUNDATION
    EIN:
    83-2838067
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 10,820 0 0 10,820


    TY 2020 OtherExpensesSchedule
    Name:
    CAROLYN AND PETER FRIEDMAN FOUNDATION
    EIN:
    83-2838067
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 151     151
    INSURANCE 2,138     2,138
    MEALS 289     289
    MISCELLANEOUS 88     88


    TY 2020 OtherIncreasesSchedule
    Name:
    CAROLYN AND PETER FRIEDMAN FOUNDATION
    EIN:
    83-2838067
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    BOOK ADJMT DUE TO STOCK BASIS ADJMT-SPIN OFF'S 59


    TY 2020 TaxesSchedule
    Name:
    CAROLYN AND PETER FRIEDMAN FOUNDATION
    EIN:
    83-2838067
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 125     125
    TAXES 2,164     2,164