Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE GARY & CAROL BERMAN FAMILY
FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)5410 EDSON LANE NO 220
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ROCKVILLE, MD20852
A Employer identification number

30-0012325
B Telephone number (see instructions)

(301) 816-1555
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$1,638,188J 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) 2,200,518
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 7,732 7,732  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,942
b Gross sales price for all assets on line 6a 483,505
7 Capital gain net income (from Part IV, line 2)... 2,942
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).......      
12 Total. Add lines 1 through 11........ 2,211,192 10,674  
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 5,888 5,888   0
c Other professional fees (attach schedule).... Click to see attachment 8,618 8,618   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7 7   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 14,513 14,513   0
25 Contributions, gifts, grants paid....... 2,393,717 2,393,717
26 Total expenses and disbursements. Add lines 24 and 25 2,408,230 14,513   2,393,717
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -197,038
b Net investment income (if negative, enter -0-) 0
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.............      
2 Savings and temporary cash investments......... 110,186 564,436 564,436
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)....... 1,798,454 Click to see attachment935,585 903,837
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 172,574 Click to see attachment173,235 169,915
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,081,214 1,673,256 1,638,188
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 attachment24,534 Click to see attachment22,400
23 Total liabilities (add lines 17 through 22)......... 24,534 22,400
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 2,056,680 1,650,856
29 Total net assets or fund balances (see instructions)..... 2,056,680 1,650,856
30 Total liabilities and net assets/fund balances (see instructions). 2,081,214 1,673,256
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,056,680
2
Enter amount from Part I, line 27a .....................
2
-197,038
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
8,774
4
Add lines 1, 2, and 3 ..........................
4
1,868,416
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
217,560
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,650,856
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 .778 SHS BROOKFIELD INFRASTRUCTURE CORP P 2020-03-31 2020-04-02
b .250 SHS PROLOGIS INC P 2018-03-01 2020-02-14
c 716.000 SHS PROSHARES TRUST PSHS ULT S&P 500 ETF P   2020-01-15
d 1,965.000 SHS PROSHARES TRUST PSHS ULTRA QQQ ETF P   2020-01-15
e 1,947.000 SHS PROSHARES TRUST PSHS ULTRA DOW30 ETF P   2020-01-15
.204 SHS VIATRIS INC P 2018-03-06 2020-11-20
CAPITAL GAINS DIVIDENDS P    
(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 29   28 1
b 24   14 10
c 112,655   111,825 830
d 258,107   257,101 1,006
e 112,660   111,592 1,068
4   3 1
26     26
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       1
b       10
c       830
d       1,006
e       1,068
      1
      26
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 2,942
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 0
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 0
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 0
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 286
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 286
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 286
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet286 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
 
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)
    bulletMD
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletGARY BERMAN Telephone no.bullet (301) 816-1555

    Located atbullet5410 EDSON LANE SUITE 220ROCKVILLEMD ZIP+4bullet20852
    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
    CAROL BERMAN DIRECTOR
    2.00     		0 0 0
    5410 EDSON LANE SUITE 220
    ROCKVILLE,MD20852
    GARY BERMAN DIRECTOR
    2.00     		0 0 0
    5410 EDSON LANE SUITE 220
    ROCKVILLE,MD20852
    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
    1,121,560
    b
    Average of monthly cash balances.......................
    1b
    564,873
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,686,433
    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
    1,686,433
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    25,296
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,661,137
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    83,057
    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
    83,057
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    83,057
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    83,057
    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
    83,057
    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
    2,393,717
    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
    2,393,717
    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
    2,393,717
    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 83,057
    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...... 13,522
    b From 2016...... 5,416
    c From 2017...... 455,954
    d From 2018...... 1,654,038
    e From 2019...... 2,094,353
    fTotal of lines 3a through e........ 4,223,283
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,393,717
    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..... 83,057
    e Remaining amount distributed out of corpus 2,310,660
    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 6,533,943
    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) ...     		13,522
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		6,520,421
    10 Analysis of line 9:
    a Excess from 2016.... 5,416
    b Excess from 2017.... 455,954
    c Excess from 2018.... 1,654,038
    d Excess from 2019.... 2,094,353
    e Excess from 2020.... 2,310,660
    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).)
    GARY BERMAN
    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
    ADVENTURE THEATER MTC
    7300 MACARTHUR BLVD
    GLEN ECHO,MD20812     		N/A PC CHARITABLE 1,000
    AJC GLOBAL JEWISH ADVOCACY
    PO BOX 170305
    MILWAUKEE,WI53217     		N/A PC CHARITABLE 10,000
    ALEPH BET MONTESSORI
    6125 TUCKERMAN LANE
    NORTH BETHESDA,MD20852     		N/A PC CHARITABLE 3,000
    ALEPH BET MONTESSORI
    7300 WHITTIER BLVD
    BETHESDA,MD20817     		N/A PC CHARITABLE 50,000
    ALLEGHENY MOUNTAIN INSTITUTE
    PO BOX 542
    STAUNTON,VA24402     		N/A PC CHARITABLE 5,000
    ALYN
    SHMARYAHU LEVIN ST 84
    JERUSALEM    
    IS     		N/A PC CHARITABLE 1,800
    AMERICAN HEART ASSOCIATION
    102 NORTHCHASE PKWY 1
    MARIETTA,GA30067     		N/A PC CHARITABLE 180
    AMERICAN UNIVERSITY CENTER FOR ISRAELI STUDIES
    4400 MASSACHUSETTS AVE NW
    WASHINGTON,DC20016     		N/A PC CHARITABLE 50,000
    AMERICAN UNIVERSITY CHAIR OF ISLAMIC STUDIES AKBAR AHMED
    4400 MASSACHUSETTS AVE NW
    WASHINGTON,DC20016     		N/A PC CHARITABLE 17,000
    AMERICAN WRITERS MUSEUM
    180 N MICHIGAN AVE 505
    CHICAGO,IL60601     		N/A PC CHARITABLE 1,000
    AMERICAN-ISRAELI COOPERATIVE ENTERPRISE
    2810 BLAINE DR
    CHEVY CHASE,MD20815     		N/A PC CHARITABLE 7,500
    ANTI-DEFAMATION LEAGUE
    1100 CONNECTICUT AVE NW
    WASHINGTON,DC20036     		N/A PC CHARITABLE 25,000
    ASHES 2 ART
    7250 HERITAGE VILLAGE PLZ 102
    GAINESVILLE,VA20155     		N/A PC CHARITABLE 1,000
    AVODAH
    1816 12TH ST NW 3RD FL
    WASHINGTON,DC20009     		N/A PC CHARITABLE 1,800
    B'NAI ISRAEL CONGREGATION
    6301 MONTROSE RD
    ROCKVILLE,MD20852     		N/A PC CHARITABLE 23,644
    B'NAI TZEDEK
    10621 SOUTH GLEN ROAD
    POTOMAC,MD20854     		N/A PC CHARITABLE 37,002
    BAIS YAAKOV SCHOOL FOR GIRLS
    6300 SMITH AVE
    BALTIMORE,MD21209     		N/A PC CHARITABLE 6,000
    BBYO
    800 EIGHTH ST NW
    WASHINGTON,DC20001     		N/A PC CHARITABLE 15,000
    BETH SHOLOM
    11825 SEVEN LOCKS RD
    POTOMAC,MD20854     		N/A PC CHARITABLE 18
    BIKUR CHOLIM OF GREATER WASHINGTON
    1232 PARKLAWN DR
    ROCKVILLE,MD20852     		N/A PC CHARITABLE 2,000
    BOYS & GIRLS CLUB OF GREATER WASHINGTON
    PO BOX 91660
    WASHINGTON,DC20077     		N/A PC CHARITABLE 3,610
    BREAD FOR THE CITY
    1525 7TH ST NW
    WASHINGTON,DC20001     		N/A PC CHARITABLE 5,000
    CAPITAL AREA FOODBANK
    645 TAYLOR ST NE
    WASHINGTON,DC20017     		N/A PC CHARITABLE 3,600
    CAPITAL CAMPS
    11300 ROCKVILLE PIKE 407
    ROCKVILLE,MD20852     		N/A PC CHARITABLE 95,000
    CHABAD FRIENDSHIP CIRCLE
    10321 CROWN POINT CT
    POTOMAC,MD20854     		N/A PC CHARITABLE 10,000
    CHABAD JEWISH STUDENT CENTER
    2101 NUECES ST
    AUSTIN,TX78705     		N/A PC CHARITABLE 5,000
    CHABAD OF POTOMAC
    11826 SEVEN LOCKS RD
    POTOMAC,MD20854     		N/A PC CHARITABLE 91,140
    CHABAD OF UPPER MONTGOMERY COUNTY
    11520 DARNESTOWN RD
    GAITHERSBURG,MD20878     		N/A PC CHARITABLE 5,000
    CHARLES E SMITH JEWISH DAY SCHOOL
    1901 EAST JEFFERSON ST
    ROCKVILLE,MD20852     		N/A PC CHARITABLE 75,000
    CHILDREN'S NATIONAL MEDICAL CENTER
    111 MICHIGAN AVE NW
    WASHINGTON,DC20010     		N/A PC CHARITABLE 10,000
    COLORADO GIVES (COMMUNITY FIRST FOUNDATION)
    5855 WADSWORTH BYPASS UNIT A
    ARVADA,CO80003     		N/A PC CHARITABLE 1,000
    COMFORT CASES
    15825 SHADY GROVE RD 60
    ROCKVILLE,MD20850     		N/A PC CHARITABLE 186
    CURE CHILDHOOD CANCER
    784 EUCLID AVE
    BERKELEY,CA94708     		N/A PC CHARITABLE 180
    ENDOWMENT FOR MIDDLE EAST TRUTH (EMET)
    1050 CONNECTICUT AVE
    WASHINGTON,DC20036     		N/A PC CHARITABLE 1,800
    FIRST GENERATION COLLEGE BOUND
    8101 SANDY SPRING RD 230
    LAUREL,MD20707     		N/A PC CHARITABLE 12,000
    FOREVER FROSTY FOUNDATION
    PO BOX 2118
    JUPITER,FL33468     		N/A PC CHARITABLE 1,111
    FRIENDS OF THE ISRAEL DEFENSE FORCES
    1430 BROADWAY
    NEW YORK,NY10018     		N/A PC CHARITABLE 16,000
    GAITHER DC
    1817 M STREET NW
    WASHINGTON,DC20036     		N/A PC CHARITABLE 5,000
    GESHER JEWISH DAY SCHOOL
    4800 MATTIE MOORE CT
    FAIRFAX,VA22030     		N/A PC CHARITABLE 12,380
    GIIS UNIVERSITY OF MARYLAND ISRAEL STUDIES
    1102 FRANCIS SCOTT KEY HALL
    COLLEGE PARK,MD20742     		N/A PC CHARITABLE 10,000
    GIVAT HAVIVA EDUCATIONAL FOUNDATION INC
    PO BOX 53
    SEFWI BEKWAI    
    GH     		N/A PC CHARITABLE 7,500
    GWC KOLLEL
    10900 LOCKWOOD DR
    SILVER SPRING,MD20901     		N/A PC CHARITABLE 7,500
    HABITAT FOR HUMANITY
    4705 WEST VIRGINIA AVE
    BETHESDA,MD20814     		N/A PC CHARITABLE 384
    HAND IN HAND CENTER FOR JEWISH-ARAB EDUCATION IN ISRAEL
    PO BOX 80102
    PORTLAND,OR97280     		N/A PC CHARITABLE 1,800
    HAR MISHPACHA
    PO BOX 776108
    STEAMBOAT SPRINGS,CO80477     		N/A PC CHARITABLE 2,220
    HARTMAN INSTITUTE
    475 RIVERSIDE DR 1450
    NEW YORK,NY10115     		N/A PC CHARITABLE 3,600
    HASBARA FELLOWSHIP
    505 8TH AVE 601
    NEW YORK,NY10018     		N/A PC CHARITABLE 2,500
    HEBREW HOME OF GREATER WASHINGTON
    6121 MONTROSE RD
    ROCKVILLE,MD20852     		N/A PC CHARITABLE 11,000
    HERB COHEN MEMORIAL FUND
    201 SOUTH 25TH ST 602
    PHILADELPHIA,PA19103     		N/A PC CHARITABLE 1,000
    HILLEL AMERICAN UNIVERSITY
    4400 MASSACHUSETTS AVE NW
    WASHINGTON,DC20016     		N/A PC CHARITABLE 3,600
    HILLEL INTERNATIONAL
    800 EIGHTH ST NW
    WASHINGTON,DC20001     		N/A PC CHARITABLE 35,000
    HILLEL ITHACA COLLEGE
    953 DANBY RD
    ITHACA,NY14850     		N/A PC CHARITABLE 9,000
    HILLEL OF GEORGE WASHINGTON UNIVERSITY
    2300 H ST NW
    WASHINGTON,DC20037     		N/A PC CHARITABLE 10,000
    HILLEL UNIVERSITY OF MARYLAND
    7612 MOWATT LN
    COLLEGE PARK,MD20740     		N/A PC CHARITABLE 10,000
    HOSPITAL FOR SPECIAL SURGERY
    535 EAST 70TH ST
    NEW YORK,NY10021     		N/A PC CHARITABLE 10,000
    HOUSE OF RUTH
    5 THOMAS CIRCLE NW
    WASHINGTON,DC20005     		N/A PC CHARITABLE 1,800
    HOUSING UNLIMITED
    12125 VEIRS MILL RD 201
    SILVER SPRING,MD20906     		N/A PC CHARITABLE 250
    INSTITUTE FOR JEWISH ETHICS
    1519 RIPLEY STREET
    PHILADELPHIA,PA19111     		N/A PC CHARITABLE 36
    INTEGRITY FIRST FOR AMERICA
    PO BOX 1831
    NEW YORK,NY10156     		N/A PC CHARITABLE 500
    JCA-JEWISH COUNCIL FOR AGING
    11820 PARKLAWN DR 200
    ROCKVILLE,MD20852     		N/A PC CHARITABLE 10,180
    JCADA-JEWISH COALITION AGAINST DOMESTIC ABUSE
    PO BOX 2266
    ROCKVILLE,MD20847     		N/A PC CHARITABLE 20,000
    JCC OF GREATER WASHINGTON
    6125 MONTROSE ROAD
    ROCKVILLE,MD20852     		N/A PC CHARITABLE 16,500
    JCC OF NV
    6125 MONTROSE ROAD
    ROCKVILLE,MD20852     		N/A PC CHARITABLE 5,000
    JCPA
    116 E 27TH ST 10TH FL
    NEW YORK,NY10016     		N/A PC CHARITABLE 5,000
    JCRC OF GREATER WASHINGTON
    6101 EXECUTIVE BLVD 300
    ROCKVILLE,MD20852     		N/A PC CHARITABLE 67,680
    JEWISH FEDERATION OF GREATER WASHINGTON
    6101 MONTROSE ROAD
    ROCKVILLE,MD20852     		N/A PC CHARITABLE 432,100
    JEWISH FOUNDATION FOR GROUP HOMES
    1500 EAST JEFFERSON ST
    ROCKVILLE,MD20852     		N/A PC CHARITABLE 5,640
    JEWISH NATIONAL FUND
    2 RESERVOIR CIR 204
    PIKESVILLE,MD21208     		N/A PC CHARITABLE 1,800
    JEWISH ROC
    11304 OLD GEORGETOWN RD
    ROCKVILLE,MD20852     		N/A PC CHARITABLE 6,000
    JEWISH STUDIO
    10319 WESTLAKE DR 442
    BETHESDA,MD20817     		N/A PC CHARITABLE 1,800
    JEWISH THEOLOGICAL SEMINARY OF AMERICA
    3080 BROADWAY
    NEW YORK,NY10027     		N/A PC CHARITABLE 1,800
    JINSA
    1101 14TH ST NW 1110
    WASHINGTON,DC20005     		N/A PC CHARITABLE 1,000
    JSSA-JEWISH SOCIAL SERVICE AGENCY
    200 WOOD HILL RD
    ROCKVILLE,MD20850     		N/A PC CHARITABLE 25,000
    JWI-JEWISH WOMEN INTERNATIONAL
    1129 20TH ST NW 8010
    WASHINGTON,DC20036     		N/A PC CHARITABLE 1,000
    LATINAS USA
    212 NEW MARK ESPLANADE
    ROCKVILLE,MD20850     		N/A PC CHARITABLE 500
    LEUKEMIA & LYMPHOMA SOCIETY
    5846 RICHMOND HWY 800
    ALEXANDRIA,VA22303     		N/A PC CHARITABLE 1,800
    LIFT UP ROUTT COUNTY
    2125 CURVE CT
    STEAMBOAT SPRINGS,CO80487     		N/A PC CHARITABLE 1,000
    LILLIAN & ALBERT SMALL CAPITAL JEWISH MUSEUM
    1319 F ST NW 810
    WASHINGTON,DC20004     		N/A PC CHARITABLE 10,000
    MAZON
    PO BOX 894765
    LOS ANGELES,CA90189     		N/A PC CHARITABLE 3,600
    MCPS EDUCATIONAL FOUNDATION
    850 HUNGERFORD DR RM 149
    ROCKVILLE,MD20850     		N/A PC CHARITABLE 2,567
    MEDSTAR GEORGETOWN UNIVERSITY HOSPITAL
    3800 RESERVOIR RD NW
    WASHINGTON,DC20007     		N/A PC CHARITABLE 5,115
    MEOR MARYLAND
    4607 KNOX RD
    COLLEGE PARK,MD20740     		N/A PC CHARITABLE 7,200
    MERCY HEALTH CLINIC
    7 METRO CT
    GAITHERSBURG,MD20878     		N/A PC CHARITABLE 5,000
    MILTON GOTTESMAN JEWISH DAY SCHOOL OF THE NATION'S CAPITAL
    6045 16TH ST NW
    WASHINGTON,DC20011     		N/A PC CHARITABLE 25,000
    MOISHE HOUSERIGHTEOUS CROWD
    441 SAXONY ROAD BARN 2
    ENCINITAS,CA92024     		N/A PC CHARITABLE 330
    MOMENTUM UNLIMITED
    6101 EXECUTIVE BLVD 240
    ROCKVILLE,MD20852     		N/A PC CHARITABLE 3,888
    MONTGOMERY COUNTY COALITION FOR THE HOMELESS
    405 EAST GUDE DR 209
    ROCKVILLE,MD20850     		N/A PC CHARITABLE 10,000
    MONTGOMERY HOSPICE
    1355 PICCARD DR 100
    ROCKVILLE,MD20850     		N/A PC CHARITABLE 180
    MOSAIC
    399 PARK AVE 2502
    NEW YORK,NY10022     		N/A PC CHARITABLE 100
    N STREET VILLAGE
    1333 N ST
    WASHINGTON,DC20005     		N/A PC CHARITABLE 1,800
    NAMI MC
    11718 PARKLAWN DR
    ROCKVILLE,MD20852     		N/A PC CHARITABLE 3,600
    NATIONAL DIAPER BANK NETWORK
    155 EAST STREET 101
    NEW HAVEN,CT06511     		N/A PC CHARITABLE 180
    NATIONAL JEWISH HEALTH
    1400 JACKSON ST
    DENVER,CO80206     		N/A PC CHARITABLE 1,800
    NATIONAL PARK FOUNDATION
    1500 K STREET NW 700
    WASHINGTON,DC20005     		N/A PC CHARITABLE 250
    NORTH AMERICAN CONFERENCE ON ETHIOPIAN JEWRY
    255 W 36TH ST 701
    NEW YORK,NY10018     		N/A PC CHARITABLE 1,800
    ONE TABLE
    79 MADISON AVE 8TH FL
    NEW YORK,NY10016     		N/A PC CHARITABLE 10,000
    PEF ENDOWMENT FUNDS INC
    630 THIRD AVE 1501
    NEW YORK,NY10017     		N/A PC CHARITABLE 5,000
    PERLMAN CAMP
    11820 PARKLAWN DR 380
    ROCKVILLE,MD20852     		N/A PC CHARITABLE 3,600
    PRIORITIES USA FOUNDATION
    1030 15TH ST NW SUITE 950 WEST
    WASHINGTON,DC20005     		N/A PC CHARITABLE 5,000
    PROJECT TORAH AND BIBLICAL SCHOLARSHIP
    15 DE BELL COURT
    PASSAIC,NJ07055     		N/A PC CHARITABLE 360
    RAILS-TO-TRAILS CONSERVANCY
    2121 WARD CT NW 5TH FL
    WASHINGTON,DC20090     		N/A PC CHARITABLE 100
    ROUTT COUNTY UNITED WAY
    PO BOX 774005
    STEAMBOAT SPRINGS,CO80477     		N/A PC CHARITABLE 500
    SASHA BRUCE YOUTHWORK
    PO BOX 3566 POB 8500
    PHILADELPHIA,PA191783566     		N/A PC CHARITABLE 5,000
    SCHECHTER INSTITUTE OF JEWISH STUDIES
    BOX 3566 POB 8500
    PHILADELPHIA,PA191783566     		N/A PC CHARITABLE 40,000
    SHORESH
    2704 BARTO AVE
    BALTIMORE,MD21209     		N/A PC CHARITABLE 5,000
    SIXTH & I ST SYNAGOGUE
    600 I ST NW
    WASHINGTON,DC20001     		N/A PC CHARITABLE 10,000
    SULAM
    13300 ARCTIC AVE
    ROCKVILLE,MD20853     		N/A PC CHARITABLE 3,600
    SUNFLOWER BAKERY
    8507 ZIGGY LANE
    GAITHERSBURG,MD20877     		N/A PC CHARITABLE 26,000
    THE DENNIS BERMAN FAMILY FOUNDATION
    5410 EDSON LANE 220
    ROCKVILLE,MD20852     		N/A PC CHARITABLE 645,036
    TIKKUN OLAM WOMAN'S FOUNDATION
    6101 EXECUTIVE BLVD 317
    NORTH BETHESDA,MD20852     		N/A PC CHARITABLE 3,000
    TORAH SCHOOL
    2010 LINDEN LN
    SILVER SPRING,MD20910     		N/A PC CHARITABLE 75,000
    TORAH U'MESORAH
    812 LAMBERTON DR
    SILVER SPRING,MD20902     		N/A PC CHARITABLE 8,000
    UNIVERSITY OF VIRGINIA-KANSTOROOM FAMILY BICENTENNIAL SCHOLARSHIP
    PO BOX 400807
    CHARLOTTESVILLE,VA22904     		N/A PC CHARITABLE 10,000
    WASHINGTON BALLET
    3515 WISCONSIN AVE NW
    WASHINGTON,DC20016     		N/A PC CHARITABLE 5,000
    WASHINGTON INSTITUTE FOR NEAR EAST POLICY
    1111 19TH ST NW 500
    WASHINGTON,DC20036     		N/A PC CHARITABLE 5,000
    WASHINGTON TENNIS & EDUCATION FOUNDATION
    16TH KENNEDY STS NW
    WASHINGTON,DC20011     		N/A PC CHARITABLE 5,000
    WEIZMAN INSTITUTE USA
    6330 THIRD AVE
    NEW YORK,NY10017     		N/A PC CHARITABLE 5,000
    WHEN WE ALL VOTE
    PO BOX 34673 1400 L ST NW
    WASHINGTON,DC20005     		N/A PC CHARITABLE 1,000
    WHITMAN WALKER CLINIC
    1701 14TH ST NW
    WASHINGTON,DC20090     		N/A PC CHARITABLE 1,000
    WORLD BICYCLE RELIEF
    1000 W FULTON MARKET 4TH FL
    CHICAGO,IL60607     		N/A PC CHARITABLE 1,470
    YESHIVA OF GREATER WASHINGTON
    2010 LINDEN LN
    SILVER SPRING,MD20910     		N/A PC CHARITABLE 50,000
    YOUTH ART FOR HEALING
    PO BOX 30183
    BETHESDA,MD20824     		N/A PC CHARITABLE 25,000
    YOUTH LEADERSHIP FOUNDATION
    5034 WISCONSIN AVE NW 250
    WASHINGTON,DC20016     		N/A PC CHARITABLE 15,000
    YVCF (CATAMOUNT SCHOLARSHIP FOUNDATION)
    PO BOX 881869
    STEAMBOAT SPRINGS,CO80488     		N/A PC CHARITABLE 200
    Total .................................bullet 3a 2,393,717
    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 ...........     		         
    4 Dividends and interest from securities....     14 7,732  
    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 2,942  
    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 10,674 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    10,674
    (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 GARY & CAROL BERMAN FAMILY
    FOUNDATION INC
    Employer identification number

    30-0012325
    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 GARY & CAROL BERMAN FAMILY
    FOUNDATION INC         		Employer identification number
    30-0012325
    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
    GARY BERMAN
    5410 EDSON LANE SUITE 220
     
    ROCKVILLE, MD20852

    		$ 1,720,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    GARY BERMAN
    5410 EDSON LANE SUITE 220
     
    ROCKVILLE, MD20852

    		$ 111,825


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    GARY BERMAN
    5410 EDSON LANE SUITE 220
     
    ROCKVILLE, MD20852

    		$ 257,101


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    GARY BERMAN
    5410 EDSON LANE SUITE 220
     
    ROCKVILLE, MD20852

    		$ 111,592


    (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 GARY & CAROL BERMAN FAMILY
    FOUNDATION INC         		Employer identification number

    30-0012325
    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
    2
    		 716 SHS PROSHARES TRUST PSHS ULT S&P 500 ETF $ 111,825 2020-01-14
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 1,965 SHS PROSHARES TRUST PSHS ULTRA QQQ ETF $ 257,101 2020-01-14
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    4
    		 1,947 SHS PROSHARES TRUST PSHS ULTRA DOW30 ETF $ 111,592 2020-01-14
    (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 GARY & CAROL BERMAN FAMILY
    FOUNDATION INC         		Employer identification number

    30-0012325
    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 GARY & CAROL BERMAN FAMILY
     
    FOUNDATION INC
    EIN:
    30-0012325
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,888 5,888   0

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE GARY & CAROL BERMAN FAMILY
     
    FOUNDATION INC
    EIN:
    30-0012325
    Name of Stock End of Year Book Value End of Year Fair Market Value
    STOCKS 935,585 903,837

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE GARY & CAROL BERMAN FAMILY
     
    FOUNDATION INC
    EIN:
    30-0012325
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BONDS AT COST 150,000 150,000
    MUTUAL FUNDS AT COST 20,517 17,168
    EXCHANGE-TRADED FUNDS AT COST 2,718 2,747

    TY 2020 OtherDecreasesSchedule
    Name:
    THE GARY & CAROL BERMAN FAMILY
     
    FOUNDATION INC
    EIN:
    30-0012325
    Description Amount
    NONDEDUCTIBLE LOSS ON STOCK CONTRIBUTED 217,560


    TY 2020 OtherIncreasesSchedule
    Name:
    THE GARY & CAROL BERMAN FAMILY
     
    FOUNDATION INC
    EIN:
    30-0012325
    Description Amount
    TIMING ADJUSTMENTS 8,774


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE GARY & CAROL BERMAN FAMILY
     
    FOUNDATION INC
    EIN:
    30-0012325
    Description Beginning of Year - Book Value End of Year - Book Value
    CREDIT CARD PAYABLE 24,534 22,400


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE GARY & CAROL BERMAN FAMILY
     
    FOUNDATION INC
    EIN:
    30-0012325
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 8,618 8,618   0


    TY 2020 TaxesSchedule
    Name:
    THE GARY & CAROL BERMAN FAMILY
     
    FOUNDATION INC
    EIN:
    30-0012325
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 7 7   0