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 02-01-2020 , and ending 01-31-2021
Name of foundation
THE ENGELBERG FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1050 NORTH LAKE WAY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALM BEACH, FL33480
A Employer identification number

06-1309603
B Telephone number (see instructions)

(332) 330-0540
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$15,045,710J 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) 1,807,922
2 Check bullet.............
3 Interest on savings and temporary cash investments 16,722 16,722  
4 Dividends and interest from securities... 196,852 196,852  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 742,126
b Gross sales price for all assets on line 6a 3,012,988
7 Capital gain net income (from Part IV, line 2)... 1,229,046
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 54,972 37,951  
12 Total. Add lines 1 through 11........ 2,818,594 1,480,571  
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 20,600 10,300   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 33,561 160   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 29,424 29,424   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 83,585 39,884   0
25 Contributions, gifts, grants paid....... 2,734,700 2,734,700
26 Total expenses and disbursements. Add lines 24 and 25 2,818,285 39,884   2,734,700
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 309
b Net investment income (if negative, enter -0-) 1,440,687
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............. 662,479 3,915,222 3,915,222
2 Savings and temporary cash investments......... 756,363 503,518 503,518
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)....... 2,480,465 Click to see attachment1,479,822 1,143,372
c Investments—corporate bonds (attach schedule)....... 2,631,684 Click to see attachment2,061,910 2,050,845
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 7,099,833 Click to see attachment5,535,612 7,425,875
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment15,669 Click to see attachment6,878 Click to see attachment6,878
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,646,493 13,502,962 15,045,710
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) Click to see attachment196,945 Click to see attachment53,105
23 Total liabilities (add lines 17 through 22)......... 196,945 53,105
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........ 5,000,000 5,000,000
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 8,449,548 8,449,857
29 Total net assets or fund balances (see instructions)..... 13,449,548 13,449,857
30 Total liabilities and net assets/fund balances (see instructions). 13,646,493 13,502,962
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
13,449,548
2
Enter amount from Part I, line 27a .....................
2
309
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
13,449,857
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
13,449,857
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 15 CIE FINANCIERE RICHEMONT AG ZUG P 2016-11-18 2020-02-27
b 150 CIE FINANCIERE RICHEMONT AG ZUG D 2012-02-14 2020-02-27
c 52 MASTERCARD INC D 2014-12-30 2020-03-06
d 75 WELLS FARGO & CO P 2018-07-03 2020-03-11
e 135 WELLS FARGO & CO P 2018-07-06 2020-03-11
35 WELLS FARGO & CO P 2018-10-16 2020-03-11
40 WELLS FARGO & CO D 2012-02-14 2020-03-11
1075 WELLS FARGO & CO D 2012-02-14 2020-03-12
385 WELLS FARGO & CO D 2012-02-14 2020-03-13
80 WELLS FARGO & CO D 2012-02-14 2020-03-16
160 WELLS FARGO & CO D 2012-02-14 2020-03-17
81 WELLS FARGO & CO D 2012-02-14 2020-03-18
81 WELLS FARGO & CO D 2012-02-14 2020-03-19
1 ALPHABET INC. CL C P 2020-01-31 2020-04-07
4 ALPHABET INC. CL C P 2020-01-09 2020-04-07
16 ALPHABET INC CL C P 2019-11-15 2020-04-07
4 ALPHABET INC. CL C P 2019-12-05 2020-04-07
10 ALPHABET INC. CL C P 2019-11-07 2020-04-07
3 ALPHABET INC. CL C P 2020-02-28 2020-04-07
5 ALPHABET INC. CL C P 2019-09-26 2020-04-07
1 ALPHABET INC. CL C P 2020-09-19 2020-04-07
2 ALPHABET INC. CL C P 2019-04-08 2020-04-07
5 ALPHABET INC. CL C P 2019-06-13 2020-04-07
105 JP MORGAN CHASE P 2020-03-13 2020-04-07
105 JP MORGAN CHASE P 2020-03-11 2020-04-07
50 JP MORGAN CHASE P 2020-03-17 2020-04-07
25 JP MORGAN CHASE P 2020-03-16 2020-04-07
105 JP MORGAN CHASE P 2020-03-12 2020-04-07
50 JP MORGAN CHASE P 2020-03-12 2020-04-07
175 JP MORGAN CHASE P 2020-03-12 2020-04-07
34 JP MORGAN CHASE P 2020-03-18 2020-04-07
16 JP MORGAN CHASE P 2020-03-19 2020-04-07
55 JP MORGAN CHASE P 2020-03-23 2020-04-07
34 JP MORGAN CHASE P 2020-03-23 2020-04-07
72 JP MORGAN CHASE P 2020-03-12 2020-04-07
80 ANHEUSER BUSCH INBEV SA NV P 2016-11-18 2020-04-08
115 ANHEUSER BUSCH INBEV SA NV P 2019-01-01 2020-04-08
1195 ANHEUSER BUSCH INBEV SA NV D 2012-02-14 2020-04-08
10 JC DECAUX P 2015-10-30 2020-04-08
10 JC DECAUX D 2015-05-05 2020-04-08
300 JC DECAUX P 2015-11-11 2020-04-08
10 JC DECAUX D 2015-05-05 2020-04-08
175 JC DECAUX P 2015-12-03 2020-04-08
20 JC DECAUX D 2015-05-06 2020-04-08
115 JC DECAUX D 2015-05-12 2020-04-08
305 JC DECAUX D 2015-03-11 2020-04-08
15 JC DECAUX D 2015-03-31 2020-04-08
10 JC DECAUX P 2015-11-18 2020-04-08
30 PERNOD RICHARD P 2016-06-22 2020-04-08
1045 PERNOD RICHARD D 2012-02-14 2020-04-08
1035 DIAGEO PLC D 2012-02-14 2020-04-08
1380 CIE FINANCIERE RICHEMONT AG ZUG D 2012-02-04 2020-04-08
25 CIE FINANCIERE RICHEMONT AG ZUG D 2012-06-07 2020-04-08
25 CIE FINANCIERE RICHEMONT AG ZUG D 2012-08-02 2020-04-08
25 CIE FINANCIERE RICHEMONT AG ZUG D 2012-06-29 2020-04-08
100 CIE FINANCIERE RICHEMONT AG ZUG D 2012-06-28 2020-04-08
4 SWATCH GROUP AG P 2018-07-20 2020-04-08
5 SWATCH GROUP AG P 2018-08-06 2020-04-08
20 SWATCH GROUP AG P 2015-10-22 2020-04-08
20 SWATCH GROUP AG P 2015-10-30 2020-04-08
24 SWATCH GROUP AG P 2015-10-27 2020-04-08
24 SWATCH GROUP AG P 2015-10-29 2020-04-08
26 SWATCH GROUP AG P 2015-11-20 2020-04-08
5 SWATCH GROUP AG P 2015-11-17 2020-04-08
20 SWATCH GROUP AG P 2016-02-17 2020-04-08
20 SWATCH GROUP AG P 2015-12-16 2020-04-08
10 SWATCH GROUP AG P 2018-10-11 2020-04-08
10 SWATCH GROUP AG P 2016-02-03 2020-04-08
15 SWATCH GROUP AG P 2016-05-06 2020-04-08
1 SWATCH GROUP AG P 2016-06-22 2020-04-08
15 SWATCH GROUP AG P 2016-12-16 2020-04-08
1800 HEINEKEN HLDG D 2012-02-14 2021-04-08
3 ALPHABET INC. CL C P 2019-04-04 2020-04-07
3 ALPHABET INC. CL C P 2019-04-05 2020-04-07
10 ALPHABET INC. CL C P 2018-06-04 2020-04-07
1 ALPHABET INC. CL C P 2018-12-26 2020-04-07
1225 BERKSHIRE HATHAWAY INC DEL D 2012-02-14 2020-04-07
325 BROWN FORMAN CORP. D 2012-03-13 2020-04-07
600 BROWN FORMAN CORP. D 2012-02-27 2020-04-07
81 BROWN FORMAN CORP. D 2012-03-13 2020-04-07
150 BROWN FORMAN CORP D 2012-02-27 2020-04-07
1050 COMCAST CORP CL A D 2012-02-14 2020-04-07
55 MARTIN MARIETTA MATLS INC. P 2017-08-14 2020-04-07
4 MARTIN MARIETTA MATLS INC. P 2019-02-05 2020-04-07
200 MARTIN MARIETTA MATLS INC. D 2012-02-14 2020-04-07
1157 MASTERCARD INC. D 2014-12-30 2020-04-07
2500 NESTLE SA SPONSORED D 2012-02-14 2020-04-07
50 PHILIP MORRIS INT'L INC. P 2018-08-03 2020-04-07
1460 PHILIP MORRIS INT'L INC. D 2012-02-14 2020-04-07
115 PHILIP MORRIS INT'L INC. D 2015-04-06 2020-04-07
180 UNILEVER NV NEW YORK P 2018-03-02 2020-04-07
95 UNILEVER NV NEW YORK P 2016-12-12 2020-04-07
50 UNILEVER NV NEW YORK P 2016-12-16 2020-04-07
1955 UNILEVER NV NEW YORK D 2012-02-14 2020-04-07
75 UNILEVER NV NEW YORK D 2012-06-18 2020-04-07
16 JP MORGAN CHASE P 2020-03-23 2020-04-07
185 JC DECAUX P 2016-01-29 2020-04-08
20 JC DECAUX D 2015-05-12 2020-04-08
20000 CONSTELLATION BRANDS INC VAR RE 11/15/2021 P 2019-03-20 2020-11-30
15000 BP CAP MARKETS PLC VAR RE 11/24/2020 P 2020-03-24 2020-11-24
630 EQM MIDSTREAM PARTNERS LP P 2019-02-19 2020-06-17
30000 CAP ONE NA-NON-TRADEABLE ASSET CORP P 2017-05-02 2020-06-10
TRUIST FIN CORP BAR RT PERP MAT 12/09/2019 P 2015-11-13 2020-03-16
YORK GLOBAL CREDIT P 1925-02-01 2021-01-31
DECATHALON ALPHA P 2015-02-01 2021-01-31
GACP I LP P 2017-02-01 2021-01-31
TALON GW 1 LP P 2017-02-01 2021-01-31
INSOLVE GLOBAL FEEDER FUND IV P 2018-02-01 2021-01-31
J. P. MORGAN P 2017-02-01 2021-01-31
J.P. MORGAN P 2017-02-01 2021-01-31
(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 1,011   985 26
b 10,109   8,713 1,396
c 14,728   4,524 10,204
d 2,422   4,210 -1,788
e 4,359   7,556 -3,197
1,130   1,877 -747
1,292   1,209 83
30,250   32,490 -2,240
11,346   11,636 -290
2,258   2,418 -160
4,632   4,836 -204
2,257   2,448 -191
2,247   2,448 -201
1,197   1,435 -238
4,788   5,677 -889
19,151   21,322 -2,171
4,788   5,309 -521
11,970   13,168 -1,198
3,591   3,921 -330
5,985   6,201 -216
1,197   1,239 -42
2,394   2,408 -14
5,985   5,447 538
9,600   10,186 -586
9,600   10,643 -1,043
4,571   4,653 -82
2,286   2,257 29
9,600   10,404 -804
4,571   4,539 32
16,000   15,600 400
3,108   3,206 -98
1,463   1,499 -36
5,028   4,838 190
3,109   2,828 281
6,583   5,782 801
3,737   8,157 -4,420
5,372   8,467 -3,095
55,817   77,411 -21,594
190   50 140
190   358 -168
5,686   12,023 -6,337
190   354 -164
3,317   6,885 -3,568
379   717 -338
2,180   4,122 -1,942
5,780   10,419 -4,639
284   507 -223
190   268 -78
4,363   3,269 1,094
151,968   105,425 46,543
32,392   24,628 7,764
76,979   80,157 -3,178
1,395   1,433 -38
1,395   1,392 3
1,395   1,359 36
5,578   5,249 329
824   1,927 -1,103
1,030   2,222 -1,192
4,118   7,857 -3,739
4,118   7,826 -3,708
4,942   9,361 -4,419
4,942   9,285 -4,343
5,354   9,464 -4,110
1,030   1,792 -762
4,118   7,075 -2,957
4,118   6,979 -2,861
2,059   3,419 -1,360
2,059   3,323 -1,264
3,089   4,881 -1,792
206   306 -100
3,089   4,519 -1,430
131,273   73,996 57,277
3,591   3,639 -48
3,591   3,628 -37
11,970   11,369 601
1,197   1,021 176
228,481   96,569 131,912
17,962   6,827 11,135
33,161   12,561 20,600
4,759   1,701 3,058
8,813   3,140 5,673
39,002   13,672 25,330
10,289   11,325 -1,036
748   751 -3
37,414   17,547 19,867
307,321   100,653 206,668
265,241   147,504 117,737
3,756   4,350 -594
109,689   117,938 -8,249
8,640   9,023 -383
8,853   9,418 -565
4,673   3,823 850
2,459   2,003 456
96,158   65,882 30,276
3,689   2,419 1,270
1,463   1,321 142
3,506   7,252 -3,746
379   717 -338
20,000   20,017 -17
15,000   14,750 250
40,155   26,278 13,877
29,775   30,091 -316
200,000   207,281 -7,281
581,714     581,714
      0
49,690     49,690
13,546     13,546
62,732     62,732
    70,859 -70,859
23,819   23,819 0
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       26
b       1,396
c       10,204
d       -1,788
e       -3,197
      -747
      83
      -2,240
      -290
      -160
      -204
      -191
      -201
      -238
      -889
      -2,171
      -521
      -1,198
      -330
      -216
      -42
      -14
      538
      -586
      -1,043
      -82
      29
      -804
      32
      400
      -98
      -36
      190
      281
      801
      -4,420
      -3,095
      -21,594
      140
      -168
      -6,337
      -164
      -3,568
      -338
      -1,942
      -4,639
      -223
      -78
      1,094
      46,543
      7,764
      -3,178
      -38
      3
      36
      329
      -1,103
      -1,192
      -3,739
      -3,708
      -4,419
      -4,343
      -4,110
      -762
      -2,957
      -2,861
      -1,360
      -1,264
      -1,792
      -100
      -1,430
      57,277
      -48
      -37
      601
      176
      131,912
      11,135
      20,600
      3,058
      5,673
      25,330
      -1,036
      -3
      19,867
      206,668
      117,737
      -594
      -8,249
      -383
      -565
      850
      456
      30,276
      1,270
      142
      -3,746
      -338
      -17
      250
      13,877
      -316
      -7,281
      581,714
      0
      49,690
      13,546
      62,732
      -70,859
      0
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,229,046
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 20,026
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 20,026
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 20,026
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 20,600
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 35,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 15,574
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet15,574 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCT
    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. Click to see attachment...............................
    10
    Yes
     
    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 ofbulletKEITH KRAMERCPA Telephone no.bullet (332) 330-0540

    Located atbullet462 SEVENTH AVE-ROOM 1600NEW YORKNY ZIP+4bullet10018
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    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
    ALFRED B ENGELBERG TRUSTEE
    10.00     		0 0 0
    1050 NORTH LAKE WAY
    PALM BEACH,FL33480
    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
    13,603,915
    b
    Average of monthly cash balances.......................
    1b
    2,282,822
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    15,886,737
    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
    15,886,737
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    238,301
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    15,648,436
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    782,422
    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
    782,422
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    20,026
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    4,265
    c
    Add lines 2a and 2b............................
    2c
    24,291
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    758,131
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    758,131
    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
    758,131
    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
    2,734,700
    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
    2,734,700
    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
    2,734,700
    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 7 758,131
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017...... 2,052,003
    d From 2018...... 3,217,026
    e From 2019...... 2,092,295
    fTotal of lines 3a through e........ 7,361,324
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,734,700
    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..... 758,131
    e Remaining amount distributed out of corpus 1,976,569
    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 9,337,893
    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) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		9,337,893
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 2,052,003
    c Excess from 2018.... 3,217,026
    d Excess from 2019.... 2,092,295
    e Excess from 2020.... 1,976,569
    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).)
    ALFRED B ENGELBERG
    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
    ALZHEIMER'S DRUG DISCOVERY
    57 WEST57TH STREET 904
    NEW YORK,NY10019     		NONE 501 (C) 3 UNRESTRICTED 1,000
    BREAST CANCER RESEARCH FOUDATION
    28 WEST 44TH STREET SUITE 609
    NEW YORK,NY10036     		NONE 501 (C) 3 UNRESTRICTED 3,000
    PALM BEACH POLICE AND FIRE
    139 N COUNTY RD SUITE 26
    PALM BEACH,FL33480     		NONE 501 (C) 3 UNRESTRICTED 10,000
    MOUNT SINAI CYSTALL BALL
    1468 MADISON AVE
    NEW YORK,NY10029     		NONE 501 (C) 3 UNRESTRICTED 5,000
    ANDERSEN RANCH ARTS CENTER
    5263 OWL CREEK ROAD
    SNOWMASS,CO81615     		NONE 501 (C) 3 UNRESTRICTED 2,500
    CENTRAL SYNAGOGUE
    652 LEXINGTON AVE
    NEW YORK,NY10022     		NONE 501 (C) 3 UNRESTRICTED 9,700
    NEW YORK UNIVERSITY SCHOOL OF LAW
    40 WASHINGTON SQ SOUTH
    NEW YORK,NY10012     		NONE 501 (C) 3 UNRESTRICTED 2,500,000
    JEWISH FEDERATION OF PALM BEACH
    1 HARVARD CIRCLE SUITE 700
    WEST PALM BEACH,FL33409     		NONE 501 (C) 3 UNRESTRICTED 5,000
    THE ASPEN INSTITUTE
    2300 N STREET NW SUITE 700
    WASHINGTON,DC20037     		NONE 501 (C) 3 UNRESTRICTED 10,000
    PALM BEACH ZOO AND CONSERVANCY
    1301 SUMMIT BLVD
    WEST PALM BEACH,FL33405     		NONE 501 (C) 3 UNRESTRICTED 1,000
    COALITION FOR THE HOMELESS
    129 FULTON STREET
    NEW YORK,NY10038     		NONE 501 (C) 3 UNRESTRICTED 15,000
    STOCKTON UNIVERSITY FOUNDATION
    101 VERA KING FARRIS DRIVE
    GALOWAY,NJ08205     		NONE 501 (C) 3 UNRESTRICTED 172,000
    JDRF
    200 VESSEY STREET-28TH FLOOR
    NEW YORK,NY10281     		NONE 501 (C) 3 UNRESTRICTED 500
    Total .................................bullet 3a 2,734,700
    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 16,722  
    4 Dividends and interest from securities....     14 196,852  
    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 54,972  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 742,126  
    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 1,010,672 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,010,672
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


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

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    THE ENGELBERG FOUNDATION
     
    Employer identification number

    06-1309603
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THE ENGELBERG FOUNDATION
          		Employer identification number
    06-1309603
    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
    ALFRED ENGELBERG
     
    1050 NORTH LAKE WAY
     
    PALM BEACH, FL33480

    		$ 1,807,922


    (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
    THE ENGELBERG FOUNDATION
          		Employer identification number

    06-1309603
    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
    THE ENGELBERG FOUNDATION
          		Employer identification number

    06-1309603
    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:
    THE ENGELBERG FOUNDATION
    EIN:
    06-1309603
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    KEITH KRAMER CPA 20,600 10,300   0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE ENGELBERG FOUNDATION
    EIN:
    06-1309603
    Name of Bond End of Year Book Value End of Year Fair Market Value
    APPLE INC - FIXED 40,110 40,191
    AMERICAN EXPRESS CREDIT MTN 35,056 35,215
    BANK OF AMERICA CORP 247,265 263,730
    BECTON DICKINSON & CO 32,127 32,328
    CAPITAL ONE FINANCIAL 308,797 295,611
    CITIGROUP INC 240,906 238,322
    CONS EDISON CO 20,017 20,032
    CVS HEALTH CORP 24,693 25,018
    EASTN ENERGY GAS 26,041 26,051
    EXXON MOBIL CORPORATION 29,446 30,142
    GOLDMAN SACHS GROUP INC 332,688 331,740
    GEN DYNAMICS CORP 30,015 30,029
    GENERAL MILLS INC 33,009 33,034
    INTEL CORP - FIXED 30,012 30,119
    KEY BANK NA 40,075 40,244
    MORGAN STANLEY 337,254 330,755
    PEPSICO INC - FIXED 35,028 35,154
    PENNANTPARK FLOATING RATE CA 89,390 82,253
    UNITED PARCEL SERVICE 30,023 30,111
    US BK NA CINCINNATI 9,640 10,005
    US BANCORP MTN 15,023 15,081
    TWDC ENTERPRISES 18 CORP 45,050 45,181
    WELLS FARGO & CO 30,245 30,499

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE ENGELBERG FOUNDATION
    EIN:
    06-1309603
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQM MIDSTREAM CORP 13,495 10,228
    MAINGATE MLP FUND 1,370,756 1,060,344
    PENNANTPARK INVESTMENT CORP 95,569 72,800
    B RILEY #5005 BASIS ADJUSTMENT 2 0

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE ENGELBERG FOUNDATION
    EIN:
    06-1309603
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    DECATHLON ALPHA, LP AT COST 47,092 23,980
    HPS - CORE SENIOR LENDING OFFSHORE AT COST 948,813 903,425
    FARALLON INSTITUTIONAL PARTNERS LP AT COST 20,125 20,457
    TALON 303 RIVER AT COST 960,314 1,000,000
    WOODSON CAPITAL OFFSHORE FUND AT COST 1,000,000 2,634,480
    INSOLVE GLOBAL FEEDER AT COST 1,061,718 642,593
    INSOLVE GLOBAL FEEDER IV AT COST 802,756 1,504,967
    GACP I LP AT COST 41,838 65,436
    GACP II LP AT COST 652,956 630,537

    TY 2020 OtherAssetsSchedule
    Name:
    THE ENGELBERG FOUNDATION
    EIN:
    06-1309603
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID EXCISE TAX 15,669 6,878 6,878


    TY 2020 OtherExpensesSchedule
    Name:
    THE ENGELBERG FOUNDATION
    EIN:
    06-1309603
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 28,737 28,737   0
    PORTFOLIO DEDUCTIONS 687 687   0


    TY 2020 OtherIncomeSchedule2
    Name:
    THE ENGELBERG FOUNDATION
    EIN:
    06-1309603
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    TALON GW1 LLC -1,048 -1,048 -1,048
    FARALLON CAPITAL INSTITUTIONAL PARTNERS -21,178 -21,178 -21,178
    CORE SENIOR LENDING -46,537 -46,537 -46,537
    GACP I LP 2,268 2,268 2,268
    GACP II LP 86,510 86,510 86,510
    TALON 303 RIVER LLC 34,957 34,957 34,957
    UBTI INCOME SUBTRATCION 0 -17,021 0


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE ENGELBERG FOUNDATION
    EIN:
    06-1309603
    Description Beginning of Year - Book Value End of Year - Book Value
    UBTI TAX PAYABLE 196,945 53,105


    TY 2020 SubstantialContributorsSch
    Name:
    THE ENGELBERG FOUNDATION
    EIN:
    06-1309603
    Name Address
    ALFRED ENGELBERG 1050 NORTH LAKE WAY
    PALM BEACH,FL33480


    TY 2020 TaxesSchedule
    Name:
    THE ENGELBERG FOUNDATION
    EIN:
    06-1309603
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 160 160   0
    CT UBTI TAX 1,277 0   0
    UBTI TAX 4,265 0   0
    EXCISE TAXES 27,859 0   0