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
WALTER & ADI BLUM FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 33598
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALM BEACH GARDENS, FL33420
A Employer identification number

65-0008826
B Telephone number (see instructions)

(561) 776-0834
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$13,430,979J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 501,733 501,733  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 133,328
b Gross sales price for all assets on line 6a 1,942,732
7 Capital gain net income (from Part IV, line 2)... 133,328
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 4,750    
12 Total. Add lines 1 through 11........ 639,811 635,061  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 262,167 187,867   74,300
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 6,679 5,009   1,670
b Accounting fees (attach schedule)....... Click to see attachment 3,800 3,800    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 11,274 7,677    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 2,162     2,162
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 6,359 1,101   5,258
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 292,441 205,454   83,390
25 Contributions, gifts, grants paid....... 460,500 460,500
26 Total expenses and disbursements. Add lines 24 and 25 752,941 205,454   543,890
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -113,130
b Net investment income (if negative, enter -0-) 429,607
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............. 127,248 8,331 8,333
2 Savings and temporary cash investments......... 303,118 383,816 383,816
3 Accounts receivable bullet5,450
Less: allowance for doubtful accounts bullet   3,630 5,450 5,450
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..........   8,000 8,000
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 7,404,964 Click to see attachment7,204,268 9,935,773
c Investments—corporate bonds (attach schedule)....... 668,313 Click to see attachment568,239 663,843
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,076,773 Click to see attachment2,292,812 2,425,764
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) 10,584,046 10,470,916 13,430,979
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........ 10,584,046 10,470,916
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)..... 10,584,046 10,470,916
30 Total liabilities and net assets/fund balances (see instructions). 10,584,046 10,470,916
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
10,584,046
2
Enter amount from Part I, line 27a .....................
2
-113,130
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
10,470,916
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
10,470,916
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 SEE ATTACHED P    
b SEE ATTACHED P    
c SEE ATTACHED P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 182,182   226,225 -44,043
b 1,316,693   1,353,898 -37,205
c 414,710   229,281 185,429
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -44,043
b       -37,205
c       185,429
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 133,328
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 5,972
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 5,972
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 5,972
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 8,000
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 4,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 6,028
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet6,028 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
    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)
    bulletFL
    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 addressbulletWWW.THEWALTERANDADIBLUMFOUNDATION.ORG
    14
    The books are in care ofbulletMARGARET J MURPHY Telephone no.bullet (561) 776-0834

    Located atbulletPO BOX 33598PALM BEACH GARDENSFL ZIP+4bullet334203598
    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
     
     
    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
    NORMAN SHAW ESQUIRE PRESIDENT &
    8.00     		32,500 0 0
    PO BOX 33598
    PALM BEACH GARDENS,FL334203598
    SANDRA E GAMBILL PRESIDENT, T
    35.00     		135,500 0 0
    PO BOX 33598
    PALM BEACH GARDENS,FL334203598
    MARGARET J MURPHY SECRETARY
    20.00     		72,500 0 0
    PO BOX 33598
    PALM BEACH GARDENS,FL334203598
    SHAUN MURPHY DIRECTOR
    8.00     		21,667 0 0
    101 WOODSMUIR COURT
    PALM BEACH GARDENS,FL33418
    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 N/A  
    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
    11,805,958
    b
    Average of monthly cash balances.......................
    1b
    540,878
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,346,836
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    12,346,836
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    185,203
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    12,161,633
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    608,082
    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
    608,082
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    5,972
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,972
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    602,110
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    602,110
    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
    602,110
    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
    543,890
    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
    543,890
    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
    543,890
    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 7 602,110
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 445,421
    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......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 543,890
    a Applied to 2019, but not more than line 2a 445,421
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 98,469
    e Remaining amount distributed out of corpus  
    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  
    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 ..........     		503,641
    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 ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    SANDRA GAMBILL
    PO BOX 33598
    PALM BEACH GARDENS,FL33420
    SGAMBILL69@AOL.COM
    bThe form in which applications should be submitted and information and materials they should include:
    N/A
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N/A
    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
    THE CHILDREN'S HEALING INSTITUTE
    2161 PALM BEACH LAKES BLV
    STE 212
    WEST PALM BEACH,FL33409     		    AID TO MOTHERS WITH PREEMIE BABIES 12,500
    WEST JUPITER COMMUNITY GROUP
    7187 CHURCH STREET
    JUPITER,FL33458     		    AFTER SCHOOLTUTORIAL CENTER 15,000
    PAWS 4 LIBERTY
    8939 PALIMINO DRIVE
    LAKE WORTH,FL33467     		    TRAIN SERVICE DOGS FOR VETS 15,000
    CENTER FOR CREATIVE EDUCATION
    425 24TH STREET
    WEST PALM BEACH,FL33407     		    WPB OFFERING TWO ELEMENTARY CLASSROO 15,000
    MOFFITT CANCER FOUNDATION
    12902 MAGNOLIA DRIVE
    MBC-FOU
    TAMPA,FL33612     		    FLORIDA RESEARCH CENTER 20,000
    FC BOCA PREDATORS
    222 YAMATA RD
    STE 106-229
    BOCA RATON,FL33431     		    HELPING TO PAY FOR NIGHT LIGHTS AT S 20,000
    FOUNDATION FOR EXCELLENCE IN MENTAL
    3250 BONITA BEACH RD
    STE205
    BONITA SPRINGS,FL34134     		    EXPANDING FACILITIES IN FLORIDA TO A 5,000
    GRANDMA'S PLACE INC
    184 SPARROW DRIVE
    ROYAL PALM BEACH,FL33411     		    SHELTER AND CARE FOR ABUSED AND NEGL 5,000
    HOPE COMMUNITY CENTER
    1016 NORTH PARK AVE
    APOPKA,FL32712     		    SERVES YOUNG CHILDREN FROM AGE 13 18 10,000
    THE WOMEN'S CIRCLE
    PO BOX 1318
    BOYNTON BEACH,FL33425     		    BOYNTON BEACH TEACH AT RISK WOMEN TO 10,000
    THE AMERICAN ACADEMY
    1506 WINGFIELD STREET
    LAKE WORTH,FL33460     		    LAKE WORTH FL (FORMERLY TRIPLE THREA 10,000
    ISRAEL TENNIS AND EDUCATION CENTERS
    57TH WEST 38TH STREET
    STE605
    NEW YORK,NY10018     		    PROVIDES SCHOLARSHIPS FOR 30 UNDERPR 25,000
    TAKE STOCK IN CHILDREN
    1896 PALM BEACH LAKES BLV
    103
    WEST PALM BEACH,FL33409     		    5 SCHOLARSHIPS ARE AWARDED TO DESERV 5,000
    HERD FOUNDATION
    5135 CONKLIN DRIVE
    DELRAY BEACH,FL33484     		    DELRAY BEACH FREEDOM PATCH PROGRAM F 10,000
    PROJECT LIFT
    1330 SW 34TH STREET
    PALM CITY,FL34990     		    VOCATIONAL TRAINING AND MENTAL HEALT 5,000
    GOLD COAST DOWN SYNDROME ORGANIZATI
    915 S FEDERAL HIGHWAY
    BOYNTON BEACH,FL33435     		    ONE DAY WORKSHOP FOR TEACHERS IN BOY 4,000
    VINCEREMOS THERAPEUTIC RIDING CENTE
    13300 SIXTH COURT NORTH
    LOXAHATCHEE,FL33470     		    LEARNING PROGRAM FOR STUDENTS WITH D 5,000
    WOUNDED VETERANS RELIEF FUND
    300 PROSPERITY FARMS RD
    UNIT F
    NORTH PALM BEACH,FL33408     		    PROVIDES FINANCIAL ASSISSTANCE TO DI 8,000
    HABITAT FOR HUMANITY
    6758 S MILITARY TRAIL
    SUITE 301
    RIVIERA BEACH,FL33407     		    CONSTRUCTS PRE FAB HOMES FOR THE IMP 10,000
    HACER MINISTRY CORP
    2727 GEORGIA AVE
    WEST PALM BEACH,FL33405     		    FOOD PANTRY PROGRAM IN WEST PALM BEA 5,000
    HANDS TOGETHER FOR HAITIANS INC
    12415 INDIAN ROAD
    NORTH PALM BEACH,FL33408     		    IN NORTH PALM BEACH TO HELP CHILDREN 3,000
    SPECIAL PLACES INC
    9078 MIDDLEBROOK PIKE
    KNOXVIILE,TN37923     		    BOCA RATON CHAPTER CREATES DREAM BED 2,500
    AMERICAN ASSOCIATION OF CAREGIVING
    6401 CONGRESS AVENUE
    SUITE 200
    BOCA RATON,FL33487     		    HELPS CHILDREN WHO ASSIST A PARENT O 10,000
    SWEET DREAM MAKERS
    55 NE 5TH AVENUE
    SUITE 400
    BOCA RATON,FL33432     		    PROVIDES MATTRESSES TO LOW INCOME FA 5,000
    STUDENT ACES
    7750 ARBOR QUEST WAY
    PALM BEACH GARDENS,FL33412     		    HELPS HIGH SCHOOL STUDENT ATHLETES I 15,000
    YMCA OF THE PALM BEACHES
    2085 S CONGRESS AVENUE
    WEST PALM BEACH,FL33406     		    BABY SITTING SERVICES FOR THE FIRST 10,000
    FAULK CENTER FOR GROUP COUNSELING
    22455 BOCA RIO ROAD
    BOCA RATON,FL33433     		    PROVIDING TELEHEALTH VIDEO AND TELEP 10,000
    MORNINGDAY COMMUNITY SOLUTIONS
    1410 SW 29TH AVE
    POMPANO BEACH,FL33069     		    REDISTRIBUTE GOODS FROM VARIOUS VEND 5,000
    FLORIDA OUTREACH CENTER FOR THE BLI
    2315 SOUTH CONGRESS AVE
    PALM SPRINGS,FL33406     		    SERVICES OVER 200 BLIND INDIVIDUALS. 15,000
    JOSH'S BENCHES FOR AWARENESS CORP
    PO BOX 212761
    ROYAL PALM BEACH,FL33421     		    PLACES BENCHES AROUND SCHOOLS AND NO 5,000
    AMERICAN RED CROSS
    1250 NORTHPOINT PARKWAY
    WEST PALM BEACH,FL33407     		    SUPPORT FOR NEEDED BLOOD DRIVES TO C 2,500
    BOYS AND GIRLS CLUB
    800 NORTHPOINT PARKWAY
    STE 204
    WEST PALM BEACH,FL33407     		    DISTRIBUTES FOOD PACKAGES TO NEEDY F 5,000
    QUANTUM HOUSE
    987 45TH STREET
    WEST PALM BEACH,FL33407     		    SUPPORTS THE FAMILY CARE PROGRAM PRO 2,500
    FARMWORKERS CHILDREN'S CENTER INC
    130 ISLAND DRIVE
    OCEAN RIDGE,FL334353310     		    AFTER SCHOOL TUTORING, MENTORING AND 2,500
    ROOTS AND WINGS
    513 SEASAGE DRIVE
    DELRAY BEACH,FL33483     		    DELRAY BEACH PROGRAM TO LIFT READING 2,500
    TRACK FIT
    224 DATURA STREET
    SUITE 815
    WEST PALM BEACH,FL33401     		    WEST PALM BEACH START UP FOR A VIRTU 3,000
    FEEDING SOUTH FLOIRDA
    4925 PARK RIDGE BLVD
    BOYNTON BEACH,FL33426     		    PROVIDES FOOD TO IMPOVERISHED AREAS 10,000
    GREY TEAM INC
    1181 S ROGERS CIRCLE
    SUITE 28
    BOCA RATON,FL33487     		    BOCA FACILITY BUILT BY HABITAT FOR H 5,000
    BIG BROTHERS BIG SISTERS OF PALM B
    1700 KIRK ROAD
    WEST PALM BEACH,FL33406     		    PROVIDES VIRTUAL REMOTE MENTORING SE 2,500
    DRESS FOR SUCCESS
    118 EAST OCEAN AVENUE
    LANTANA,FL33462     		    HELPS DISADANAGED WOMEN GET INTO THE 15,000
    SOCIETY OF ST VINCENT DE PAUL
    6801 LAKE WORTH RD
    SUITE 216
    GREENACRES,FL33467     		    WORKS WITH CATHOLIC CHARITIES OF PAL 5,000
    JEFF INDUSTRIES
    113 EAST COAST AVENUE
    HYPOLUXPO,FL33462     		    ADULT WORK CENTER PROVIDING JOB SKIL 2,500
    PALM BEACH COUNTY YOUTH FOOTBALL LE
    PO BOX 20216
    WEST PALM BEACH,FL33416     		    HELPS OVER 800 CHILDREN PARTICIPATE 5,000
    ON MY OWN
    4781 NORTH CONGRESS AVENU
    SUITE 241
    BOYNTON BEACH,FL33246     		    BOYNTON BEACH HELPS PROVIDE 100 HEAL 2,500
    THE SCRIPPS RESEARCH INSTITUTE
    130 SCRIROPPS WAY
    JUPITER,FL33458     		    PAYS FOR 4 STUDENTS FROM UNDERREPRES 5,000
    AZUL FOR BETTER LIVING INC
    2635 OLD OKEECHOBEE RD
    WEST PALM BEACH,FL33409     		    PROGRAM FOR YOUNG ADULTS WITH DISABI 6,000
    SWEET DREAM MAKERS
    55 NE 5TH AVENUE
    SIUTE 400
    BOCA RATON,FL33432     		    PROVIDE MATTRESSES AND BEDDINGTO LOW 5,000
    THE IDDEAL FOUNDATION
    1480 W SAMPLE RD
    CORAL SPRINGS,FL33065     		    HELPS MENTALLY DISABLED INDIVIDUALS 2,500
    YOUNG SINGERS OF THE PALM BEACHES
    701 OKEECHOBEE BLVD
    WEST PALM BEACH,FL33401     		    ALLOWS UNDERSERVED CHILDREN TO PARTI 2,500
    CLINICS CAN HELP
    2560 WESTGATE AVENUE
    WET PALM BEACH,FL33409     		    REFERBISH DONATED MEDICAL EQUIPMENT 5,000
    NATIONAL AUTISM REGISTRY INC
    7261 160TH STREET N
    PALM BEACH GARDENS,FL33418     		    TEACHING CHILDREN ORGANIZATIONAL, SO 1,500
    HABITAT FOR HUMANITY PALM BEACH COU
    6758 N MILITARY TRAIL
    STE 301
    RIVIERA BEACH,FL33407     		    CONSTRUCTING AFFORDABLE HOMES IN BEL 1,000
    EL SOL JUPITER'S COMMUNITY RESOURC
    106 MILITARY TRAIL
    JUPITER,FL33458     		    MATCHES DAY LABORERS WITH EMPLOYERS 5,000
    COALITION TO END HOMELESSNESS
    PO BOX 030177
    FT LAUDERDALE,FL334030177     		    UNRESTRICTED 5,000
    ANGEL FLIGHT SOUTHEAST
    8864 AIRPORT BLVD
    LEESBURG,FL34788     		    VOLUNTEER PILOTS PROGRAM TO TRANSPOR 2,500
    DEPORRES PLACE ADULT LITERACY CENTE
    1016 N DIXIE HIGHWAY
    WEST PALM BEACH,FL33401     		    TUTORS ADULTS IN BASIC SPEAKING ENGL 7,500
    MIAMI LIGHTHOUSE FOR THE BLIND AND
    601 SW 8TH AVENUE
    MIAMI,FL33130     		    PROVIDES EYE EXAMS AND GLASSES FOR L 2,500
    THE ARC OF THE GLADES
    4250 NW 16TH STREET
    BELLE GLADE,FL33430     		    REPLACE THE BUCKLING WALKWAY FOR DIS 9,000
    PAWS 4 LIBERTY
    8939 PALOMINO DRIVE
    LAKE WORTH,FL33467     		    TRAINS 30 SERVICE DOGS FOR VETS 2,500
    LIGHTHOUSE CAF OF BELLE GLADE
    PO BOX 220
    PAHOKEE,FL334760220     		    COVID 19 CLOSED THE CAF AND CONVERTE 10,000
    CITY OF WEST PALM BEACH YOUTH EMPOW
    501 21ST STREET
    WEST PALM BEACH,FL33407     		    CHILDREN'S ANNUAL HOLIDAY TOY SURPRI 5,000
    TOWN OF PALM BEACH
    PO BOX 2029
    PALM BEACH,FL33480     		    3,750 FIRE DEPT, 3,750 POLICE DEPT 7,500
    PALM BEACH HABITILATION CENTER INC
    4522 SOUTH CONGRESS AVE
    PALM SPRINGS,FL33461     		    FOOD AND SUPPLIES FOR UNDERPRIVLEGED 5,000
    JTK BIKES BUILDING FUTURES INC
    9061 SE DUNCAN STREET
    HOBE SOUND,FL33455     		    BELLE GLADE PROJECT THAT HELPS THE U 5,000
    FLIPANY
    1777 N DIXIE HIGHWAY
    FT LAUDERALE,FL33305     		    PROVIDES NUTRITIOUS MEALS FOR LOW IN 2,500
    PRESERVATION FOUNDATION OF PALM BEA
    311 PERUVIAN AVE
    PALM BEACH,FL33480     		    UNRESTRICTED 2,500
    Total .................................bullet 3a 460,500
    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 ...........     		         
    4 Dividends and interest from securities....     14 501,733  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 133,328  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aBROOKFIELD PROPERTY PARTNER     		    18 2,844  
    bENERGY TRANSFER OPERATING L     18 1,906  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   639,811  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    639,811
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    WALTER & ADI BLUM FOUNDATION INC
    EIN:
    65-0008826
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES- ACCOUNTING 3,800 3,800    

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    WALTER & ADI BLUM FOUNDATION INC
    EIN:
    65-0008826
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 568,239 663,843

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    WALTER & ADI BLUM FOUNDATION INC
    EIN:
    65-0008826
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMON STOCKS & ETFS 4,748,055 7,291,808
    PREFERRED STOCKS 2,456,213 2,643,965

    TY 2020 InvestmentsOtherSchedule2
    Name:
    WALTER & ADI BLUM FOUNDATION INC
    EIN:
    65-0008826
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS   2,292,812 2,425,764

    TY 2020 LegalFeesSchedule
    Name:
    WALTER & ADI BLUM FOUNDATION INC
    EIN:
    65-0008826
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES- LEGAL 6,679 5,009   1,670


    TY 2020 OtherExpensesSchedule
    Name:
    WALTER & ADI BLUM FOUNDATION INC
    EIN:
    65-0008826
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INVESTMENT ADR FEES 163 163    
    BOOKKEEPING 3,000     3,000
    INSURANCE- LIABILITY 1,250 938   312
    POSTAGE & DELIVERY 342     342
    MISCELLANEOUS 1,373     1,373
    WEBSITE DEVELOPMENT 231     231


    TY 2020 OtherIncomeSchedule2
    Name:
    WALTER & ADI BLUM FOUNDATION INC
    EIN:
    65-0008826
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BROOKFIELD PROPERTY PARTNERS 2,844    
    ENERGY TRANSFER OPERATING LP 1,906    


    TY 2020 TaxesSchedule
    Name:
    WALTER & ADI BLUM FOUNDATION INC
    EIN:
    65-0008826
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES- FEDERAL 3,597      
    TAXES - FOREIGN 7,677 7,677