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 07-01-2020 , and ending 06-30-2021
Name of foundation
THE KAHLERT FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 1701 1363 PROGRESS WAY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SYKESVILLE, MD21784
A Employer identification number

52-1798711
B Telephone number (see instructions)

(443) 745-6571
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$330,173,859J 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 897 897  
4 Dividends and interest from securities... 715,356 715,356  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 18,720,727
b Gross sales price for all assets on line 6a 38,141,646
7 Capital gain net income (from Part IV, line 2)... 18,720,727
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........ 19,436,980 19,436,980  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 273,394 0   273,394
14 Other employee salaries and wages...... 26,220 0   26,220
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 2,060 2,060   0
b Accounting fees (attach schedule)....... Click to see attachment 22,000 22,000   0
c Other professional fees (attach schedule).... Click to see attachment 171,363 171,363   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 338,277 1,691   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,456 4,456   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 13,709 13,709   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 851,479 215,279   299,614
25 Contributions, gifts, grants paid....... 13,784,500 13,784,500
26 Total expenses and disbursements. Add lines 24 and 25 14,635,979 215,279   14,084,114
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,801,001
b Net investment income (if negative, enter -0-) 19,221,701
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............. 5,291,865 5,884,416 5,884,416
2 Savings and temporary cash investments......... 3,383,614 4,447,586 4,447,586
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.......... 331,710 270,124 270,124
10a Investments—U.S. and state government obligations (attach schedule) 1,105,432 Click to see attachment1,913,476 1,921,601
b Investments—corporate stock (attach schedule)....... 74,291,885 Click to see attachment76,531,657 315,860,307
c Investments—corporate bonds (attach schedule)....... 1,594,865 Click to see attachment1,753,113 1,789,825
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 85,999,371 90,800,372 330,173,859
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 85,999,371 90,800,372
29 Total net assets or fund balances (see instructions)..... 85,999,371 90,800,372
30 Total liabilities and net assets/fund balances (see instructions). 85,999,371 90,800,372
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
85,999,371
2
Enter amount from Part I, line 27a .....................
2
4,801,001
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
90,800,372
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
90,800,372
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P   2021-06-30
b PUBLICLY TRADED SECURITIES P   2021-06-30
c PUBLICLY TRADED SECURITIES P   2021-06-30
d PUBLICLY TRADED SECURITIES P   2021-06-30
e EVAPCO INC D   2020-12-02
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 4,523,012   4,393,304 129,708
b 3,168,200   2,231,205 936,995
c 8,486,364   7,660,525 825,839
d 1,554,522   1,154,495 400,027
e 19,999,899   3,981,390 16,018,509
409,649     409,649
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       129,708
b       936,995
c       825,839
d       400,027
e       16,018,509
      409,649
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 18,720,727
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................................ 1 267,182
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........................... 3 267,182
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- ..... 5 267,182
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 270,124
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.............. 7 270,124
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,942
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet2,942 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 addressbulletWWW.THEKAHLERTFOUNDATION.ORG
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (443) 745-6571

    Located atbulletP O BOX 1701 1363 PROGRESS WAYSYKESVILLEMD ZIP+4bullet21784
    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
     
    No
    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
    GREG W KAHLERT PRESIDENT
    30.00     		128,750 0 0
    P O BOX 1701 1363 PROGRESS WAY
    SYKESVILLE,MD21784
    ROBERTA S KAHLERT VICE PRESIDENT/TREASURER
    1.00     		0 0 0
    P O BOX 1701 1363 PROGRESS WAY
    SYKESVILLE,MD21784
    HEATHER K KAHLERT VICE PRESIDENT
    30.00     		144,644 0 0
    P O BOX 1701 1363 PROGRESS WAY
    SYKESVILLE,MD21784
    HAROLD W WALSH EXECUTIVE VICE PRESIDENT
    1.00     		0 0 0
    P O BOX 1701 1363 PROGRESS WAY
    SYKESVILLE,MD21784
    RONALD F TUTRONE MD VICE PRESIDENT
    1.00     		0 0 0
    P O BOX 1701 1363 PROGRESS WAY
    SYKESVILLE,MD21784
    JAMES D STONE SECRETARY
    1.00     		0 0 0
    P O BOX 1701 1363 PROGRESS WAY
    SYKESVILLE,MD21784
    SCOTT W KAHLERT VICE PRESIDENT
    1.00     		0 0 0
    P O BOX 1701 1363 PROGRESS WAY
    SYKESVILLE,MD21784
    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
    T ROWE PRICE ASSOCIATES INC INVESTMENT MANAGEMENT AND CUSTODY FEES 101,967
    100 E PRATT STREET
    BALTIMORE,MD21202
    BROWN ADVISORY INCORPORATED INVESTMENT MANAGEMENT AND CUSTODY FEES 69,396
    901 S BOND STREET SUITE 400
    BALTIMORE,MD21231
    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
    298,470,409
    b
    Average of monthly cash balances.......................
    1b
    6,031,183
    c
    Fair market value of all other assets (see instructions)................
    1c
    216,552
    d
    Total (add lines 1a, b, and c).........................
    1d
    304,718,144
    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
    304,718,144
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    4,570,772
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    300,147,372
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    15,007,369
    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
    15,007,369
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    267,182
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    267,182
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    14,740,187
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    14,740,187
    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
    14,740,187
    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
    14,084,114
    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
    14,084,114
    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
    14,084,114
    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 14,740,187
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016...... 273,537
    c From 2017...... 674,524
    d From 2018...... 752,839
    e From 2019...... 316,598
    fTotal of lines 3a through e........ 2,017,498
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 14,084,114
    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..... 14,084,114
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 656,073 656,073
    (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 1,361,425
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,361,425
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 291,988
    c Excess from 2018.... 752,839
    d Excess from 2019.... 316,598
    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 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
    A-OK MENTORING & TUTORNG INC
    P O BOX 871
    COLUMBIA,MD21044     		  PC TO SUPPORT A-OK MENTORING & TUTORING: POST-PANDEMIC STRONG! 10,000
    ALS ASSOCIATION - DCMDVA CHAPTER
    30 WEST GUDE DRIVE SUITE 150
    ROCKVILLE,MD20850     		  PC TO SUPPORT CERTIFIED TREATMENT CENTER OF EXCELLENCE AT JOHNS HOPKINS MEDICINE AND SPONSORSHIP FY 2021 110,000
    ALZHEIMER'S ASSOCIATION
    1850 YORK ROAD SUITE D
    LUTHERVILLETIMONIUM,MD21093     		  PC TO ACCELERATE RESEARCH AND MAXIMIZE CARE AND SUPPORT 125,000
    AMERICAN DIABETES ASSOCIATION
    2451 CRYSTAL DRIVE SUITE 900
    ARLINGTON,VA22202     		  PC TO SUPPORT COVID RESEARCH GRANT FUNDING AND OPPORTUNITIES FOR LOCAL OUTREACH 125,000
    AMERICAN HEART ASSOCIATION
    5001 SOUTH MIAMI BOULEVARD SUITE
    300
    DURHAM,NC27703     		  PC TO SUPPORT A COVID-19 RESPONSE: OXYGENATION AND VENTILATION TRAINING FOR MARYLAND HEALTHCARE PROFESSIONALS 75,000
    AMMONIA REFRIGERATION FOUNDATION
    1001 NORTH FAIRFAX STREET SUITE 503
    ALEXANDRIA,VA22314     		  PC TO SUPPORT SCHOLARSHIPS/ANR ACADEMY OF NATURAL REFRIGERANTS COURSE DEVELOPMENT/ARF TRUSTEE MATCHING FUNDS 50,000
    ARC OF CARROLL COUNTY INC
    180 KRIDERS CHURCH ROAD
    WESTMINSTER,MD21158     		  PC TO ENHANCE TRANSPORTATION SERVICES 30,000
    ARC OF HOWARD COUNTY INC
    11735 HOMEWOOD ROAD
    ELLICOTT CITY,MD21042     		  PC TO SUPPORT PROJECT SEARCH HOWARD 30,000
    ARCHBISHOP CURLEY HIGH SCHOOL
    3701 SINCLAIR LANE
    BALTIMORE,MD21213     		  PC TO SUPPORT PROJECT LEAD THE WAY ENGINEERING PROGRAM 60,000
    ASSOCIATION OF COMMUNITY SERVICES OF HOWARD COUNTY
    9770 PATUXENT WOODS DRIVE SUITE 301
    COLUMBIA,MD21044     		  PC TO PROVIDE FY 2021 SPONSORSHIP 1,250
    ASSOCIATION OF FUNDRAISING PROFESSIONALS
    3465 BOX HILL CORPORATE CENTER
    DRIVE SUITE H
    ABINGDON,MD21009     		  PC TO SUPPORT FUNDRAISING PROFESSIONALS 2,500
    BALLET WEST
    52 WEST 200 SOUTH
    SALT LAKE CITY,UT84101     		  PC TO SUPPORT ONLINE ARTS EDUCATION AND COMMUNITY OUTREACH INITIATIVES AND 2021 SPRING SOIREE GALA 80,000
    BALTIMORE CONNECT
    624 NORTH BROADWAY
    BALTIMORE,MD21205     		  PC TO SUPPORT ENHANCING MENTAL HEALTH TRAINING AND ACCESS TO SERVICES 30,000
    BEST FRIENDS ANIMAL SOCIETY
    5001 ANGEL CANYON ROAD
    KANAB,UT84741     		  PC TO SUPPORT SAVING UTAH'S HOMELESS PETS: A VISION FOR NO-KILL IN THE BEEHIVE STATE 25,000
    BIOTECHNICAL INSTITUTE OF MARYLAND
    1101 WEST PRATT STREET
    BALTIMORE,MD21223     		  PC TO SUPPORT CREATING SCIENTISTS: INVESTING IN MARYLAND'S WORKFORCE 50,000
    BLESSINGS IN A BACKPACK
    P O BOX 3508
    FREDERICK,MD21705     		  PC TO PROVIDE WEEKEND BACKPACKS OF FOOD FOR LOW-INCOME, LOCAL CHILDREN 35,000
    BOYS & GIRLS CLUB OF WESTMINSTER INC
    71 EAST MAIN STREET
    WESTMINSTER,MD21157     		  PC TO FUND FULL DAY PROGRAMMING THROUGH COVID 95,000
    BRENDAN CORPORATION
    1500 K STREET NW SUITE 350
    WASHINGTON,DC20005     		  PC TO SUPPORT BRENDAN SAILING 20,000
    BRIGHT MINDS FOUNDATION
    10910 STATE ROUTE 108
    ELLICOTT CITY,MD21042     		  PC TO SUPPORT BRIDGING THE DIGITAL DIVIDE - ACCESS TO LEARNING FUND AND COMPUTERS FOR STUDENTS SUPPORT 65,000
    CALVERT SCHOOL
    105 TUSCANY ROAD
    BALTIMORE,MD21210     		  PC TO FUND THE KAHLERT FOUNDATION SCHOLARSHIP FUND 40,500
    CAMP ATTAWAY
    9770 PATUXENT WOODS DRIVE SUITE 303
    COLUMBIA,MD21046     		  PC TO SUPPORT 2021 CAMP PROGRAM, PARENT EDUCATION/SUPPORT GROUPS, DEVELOP SIBLING PILOT AND 25TH ANNIVERSARY CAMPAIGN 60,000
    CARING CARROLL INC
    255 CLIFTON BOULEVARD SUITE 315
    WESTMINSTER,MD21157     		  PC TO SUPPORT CARING CARROLL SUSTAINABILITY AND GROWTH, AND SENIOR TRANSPORTATION 135,000
    CARROLL COMMUNITY COLLEGE FOUNDATION INC
    1601 WASHINGTON ROAD
    WESTMINSTER,MD21157     		  PC TO PROVIDE CARROLL STUDENT SUPPORT AND FY 2021 SPONSORSHIP 102,000
    CARROLL COUNTY BUREAU OF AGING & DISABILITIES - VETERAN SERVICES PROGRAM
    125 STONER AVENUE
    WESTMINSTER,MD21157     		  PC TO PROVIDE CARROLL COUNTY VETERAN SERVICES GRANT 2021 85,000
    CARROLL COUNTY FOOD SUNDAY
    P O BOX 124
    WESTMINSTER,MD21158     		  PC TO SUPPORT VEGGIE VOUCHER PROGRAM 2020 25,000
    CARROLL COUNTY PUBLIC LIBRARY
    1100 GREEN VALLEY ROAD
    NEW WINDSOR,MD21776     		  PC TO SUPPORT EXPLORATION COMMONS AT 50 EAST 75,000
    CARROLL COUNTY PUBLIC SCHOOLS
    125 NORTH COURT STREET
    WESTMINSTER,MD21157     		  PC TO SUPPORT ROBOTICS IN CARROLL COUNTY PUBLIC SCHOOLS 20,000
    CARROLL COUNTY SHERIFF'S OFFICE
    100 NORTH COURT STREET
    WESTMINSTER,MD21157     		  PC TO SUPPORT GET HEALTHY - GET MOVING! 20,000
    CARROLL COUNTY VETERANS INDEPENDENCE PROJECT
    P O BOX 2878
    WESTMINSTER,MD21157     		  PC TO SPONSOR VETERANS INDEPENDENCE PROJECT 150,000
    CARROLL COUNTY YOUTH SERVICE BUREAU INC
    59 KATE WAGNER ROAD
    WESTMINSTER,MD21157     		  PC TO SUPPORT EXPANDING OUR CAPACITY: ONE GRANT AT A TIME AND GALA SPONSORSHIP 52,500
    CARROLL HOSPICE INC
    292 STONER AVENUE
    WESTMINSTER,MD21157     		  PC TO FUND EXPANSION OF CARROLL HOSPICE'S INPATIENT FACILITY, DOVE HOUSE 100,000
    CARROLL HOSPITAL CENTER FOUNDATION INC
    200 MEMORIAL AVENUE
    WESTMINSTER,MD21157     		  PC TO FUND VISION 2020 AND CONTINUED EXCELLENCE AT THE WILLIAM E. KAHLERT REGIONAL CANCER CENTER 500,000
    CARROLL TECHNOLGY AND INNOVATION COUNCIL INC
    255 CLIFTON BOULEVARD SUITE 215
    WESTMINSTER,MD21157     		  PC TO SUPPORT TECHKIDS AND FY 2021 SPONSORSHIP 71,500
    CARSON SCHOLARS FUND
    305 WEST CHESAPEAKE AVENUE SUITE
    310
    TOWSON,MD21204     		  PC TO PROVIDE SUPPORT FOR 45 SCHOOLS, BANQUET SPONSORSHIP, AND UNRESTRICTED FUNDS 75,000
    CASEY CARES FOUNDATION
    3918 VERO ROAD SUITE C
    BALTIMORE,MD21227     		  PC TO SUPPORT FAMILY FESTIVITIES PROGRAM 15,000
    CHABAD LUBAVITCH OF UTAH INC
    1760 SOUTH 1100 EAST
    SALT LAKE CITY,UT84105     		  PC TO SUPPORT PROJECT HEART - DEVELOPING THE NEXT GENERATION 25,000
    CHESAPEAKE BAY FOUNDATION INC
    6 HERNDON AVENUE
    ANNAPOLIS,MD21403     		  PC TO SUPPORT CHESAPEAKE BAY FOUNDATION OYSTER RESTORATION CAMPAIGN AND ENVIRONMENTAL EDUCATION 125,000
    CHESAPEAKE BAY OUTWARD BOUND SCHOOL
    1900 EAGLE DRIVE
    BALTIMORE,MD21207     		  PC TO SUPPORT EXPERIENTIAL LEARNING FOR YOUTH IN HIGH-NEED COMMUNITIES 50,000
    CHILDREN'S CANCER FOUNDATION
    5570 STERRETT PLACE SUITE 204
    COLUMBIA,MD21044     		  PC TO SUPPORT EMERGENCY OPERATIONS DUE TO CORONAVIRUS, 2021 CCF RESEARCH SYMPOSIUM, MAGIC CASTLE, CCF VIDEOS 110,000
    CLEVELAND CLINIC FOUNDATION
    200 SOUTHEAST HOSPITAL AVENUE
    STUART,FL34995     		  PC TO PROVIDE GRANT FOR OPERATING SUPPORT 10,000
    COMMUNITY COLLEGE OF BALTIMORE COUNTY FOUNDATION INC
    7200 SOLLERS POINT ROAD
    DUNDALK,MD21222     		  PC TO PROVIDE CHALLENGE GRANT TO ESTABLISH THE CAROL D EUSTIS CENTER FOR THE SCHOOL OF HEALTH PROFESSIONS AT CCBC AND SPONSORSHIP FY 2021 105,000
    COMMUNITY FOUNDATION OF CARROLL COUNTY INC
    255 CLIFTON BOULEVARD SUITE 313
    WESTMINSTER,MD21157     		  PC TO FUND UPDATE TO NEW WHEEL CHAIR VAN 50,000
    COMMUNITY FOUNDATION OF HOWARD COUNTY
    10440 LITTLE PATUXENT PARKWAY SUITE
    230
    COLUMBIA,MD21044     		  PC TO PROVIDE FOR GENERAL OPERATIONS, SPONSORSHIP, AND SUPPORT FOR THE 50TH ANNIVERSARY OPERATING ENDOWMENT CAMPAIGN 97,500
    COOL KIDS CAMPAIGN FOUNDATION
    8422 BELLONA LANE SUITE 102
    TOWSON,MD21204     		  PC TO SUPPORT COOL KIDS TUTORING AND MENTORING 30,000
    CRISTO REY JESUIT HIGH SCHOOL
    420 SOUTH CHESTER STREET
    BALTIMORE,MD21231     		  PC TO SUPPORT CRISTO REY JESUIT SCHOLARSHIP 60,000
    CURES WITHIN REACH
    134 NORTH LASALLE 1130
    CHICAGO,IL60602     		  PC TO SUPPORT MID-ATLANTIC REGION REPURPOSING FY2021 50,000
    DISTINGUISHED YOUNG WOMEN OF MARYLAND
    C/O COMMUNITY FOUNDATION OF
    FREDERICK COUNTY 312 EAST CHURCH ST
    FREDERICK,MD21701     		  PC TO SUPPORT SCHOLARSHIP PROGRAM FOR THE CLASS OF 2021 15,000
    ENCIRCLE FAMILY AND YOUTH RESOURCE CENTER
    331 SOUTH 600 SOUTH
    SALT LAKE CITY,UT84102     		  PC TO FUND ENCIRCLE MENTAL HEALTH COUNSELING PROGRAM EXPANSION 50,000
    EVANS SCHOLARS FOUNDATION
    2501 PATRIOT BOULEVARD
    GLENVIEW,IL60026     		  PC TO PROVIDE OPERATING SUPPORT 10,000
    EXPANDING BOUNDARIES INTERNATIONAL INC
    596 SCOTT DRIVE
    WESTMINSTER,MD21157     		  PC TO PROVIDE OPERATING SUPPORT 5,000
    FIRST FRUITS FARM INC
    20431 MIDDLETOWN ROAD
    FREELAND,MD21053     		  PC TO SUPPORT FIRST FRUITS FARM FLAGSHIP FOUNDATION 100,000
    FOLDS OF HONOR FOUNDATION
    5800 NORTH PATRIOT DRIVE
    OWASSO,OK74055     		  PC TO PROVIDE SPONSORSHIP 2,250
    FORT MEADE ALLIANCE FOUNDATION
    7467 RIDGE ROAD SUITE 200
    HANOVER,MD21076     		  PC TO SUPPORT POST CAPITAL CAMPAIGN NEEDS 50,000
    FREDERICK HEALTH HOSPICE
    516 TRAIL AVENUE P O BOX 1799
    FREDERICK,MD21702     		  PC TO SUPPORT FREDERICK HEALTH HOSPICE VETERAN PROGRAM 75,000
    FUEL FUND OF MARYLAND
    1800 WASHINGTON BOULEVARD SUITE 410
    BALTIMORE,MD21230     		  PC TO SUPPORT CRITICAL MEDICAL NEEDS ENERGY ASSISTANCE PROGRAM 25,000
    GBMC HEALTHCARE
    6701 NORTH CHARLES STREET
    TOWSON,MD21204     		  PC TO SUPPORT GBMC HEALTHCARE 1,003,500
    GILCHRIST HOSPICE CARE INC
    11311 MCCORMICK ROAD SUITE 350
    HUNT VALLEY,MD21031     		  PC TO SUPPORT MUSIC THERAPY PROGRAM 25,000
    GIRLS ON THE RUN OF CENTRAL MARYLAND
    9150 RUMSEY ROAD SUITE A7
    COLUMBIA,MD21045     		  PC TO SUPPORT RISING STRONG IN 2021 30,000
    HABITAT FOR HUMANITY OF CARROLL COUNTY
    255 CLIFTON BOULEVARD SUITE 301
    WESTMINSTER,MD21157     		  PC TO SUPPORT CARROLL COUNTY HABITAT FOR HUMANITY RESTORE AND GENERAL OPERATING SUPPORT 50,000
    HAMPDEN FAMILY CENTER
    1104 WEST 36TH STREET
    BALTIMORE,MD21211     		  PC TO SUPPORT AFTER SCHOOL ENRICHMENT PROGRAM 20,000
    HERO DOGS INC
    P O BOX 64
    BROOKEVILLE,MD20833     		  PC TO FUND HERO DOGS SUPPORT PROJECT 20,000
    HIPPODROME FOUNDATION INC
    416 WEST BALTIMORE STREET
    BALTIMORE,MD21201     		  PC TO SUPPORT USING THE POWER OF THEATER TO PROMOTE HEALTHY EATING DURING COVID 25,000
    HIRE HEROES USA
    1360 UNION HILL ROAD BUILDING 2
    SUITE A
    ALPHARETTA,GA30004     		  PC TO PROVIDE CAREER ASSISTANCE TO U S MILITARY MEMBERS, VETERANS, AND SPOUSES IN THE MID ATLANTIC REGION 125,000
    HO HO HO INC DBA SANTA'S HELPERS ANONYMOUS
    14411 COOPER ROAD
    PHOENIX,MD21131     		  PC TO SUPPORT ELVES HELPING FAMILIES IN NEED AT CHRISTMAS 15,000
    HOPE FOR HENRY FOUNDATION
    2440 WISCONSIN AVENUE NW SUITE 201
    WASHINGTON,DC20007     		  PC TO SUPPORT HELPING SICK CHILDREN STICK WITH THE PLAN USING ENGAGING TOOLS AND INCENTIVES 40,000
    HOPECAM INC
    12100 SUNSET HILLS ROAD SUITE C-10
    RESTON,VA20190     		  PC TO SUPPORT CHAMPIONS OF HOPE 20,000
    HOPEWELL CANCER SUPPORT INC
    P O BOX 755
    BROOKLANDVILLE,MD21022     		  PC TO SUPPORT OPERATING IN AND TRANSITIONING BEYOND "CANCER IN THE TIME OF COVID" 100,000
    HORIZON DAY CAMP
    8 MARKET PLACE SUITE 331
    BALTIMORE,MD21202     		  PC TO SUPPORT HORIZON DAY CAMP 2021 75,000
    HOUSE OF RUTH MARYLAND INC
    2201 ARGONNE DRIVE
    BALTIMORE,MD21218     		  PC TO SUPPORT BEYOND OUR DOORS 50,000
    HOWARD COMMUNITY COLLEGE EDUCATIONAL FOUNDATION
    10901 LITTLE PATUXENT PARKWAY
    COLUMBIA,MD21044     		  PC TO FUND THE KAHLERT FOUNDATION SCHOLARSHIP AND PROGRAM FUND 200,000
    HOWARD COUNTY GENERAL HOSPITAL
    5755 CEDAR LANE
    COLUMBIA,MD21044     		  PC TO SUPPORT COMMUNITY CARE TEAM (CCT) AND SPONSORSHIP FY 2021 357,500
    HOWARD COUNTY PUBLIC SCHOOL SYSTEM
    10910 CLARKSVILLE PIKE
    ELLICOTT CITY,MD20910     		  PC TO FUND COMPUTER LABS: PROJECT LEAD THE WAY, HIGH SCHOOLS 60,000
    INTREPID FALLEN HEROES FUND
    ONE INTREPID SQUARE WEST 46TH
    STREET AND 12TH AVENUE
    NEW YORK,NY10036     		  PC TO SUPPORT INTREPID SPIRIT CENTER 55,000
    IRVINE NATURE CENTER
    11201 GARRISON FOREST ROAD
    OWINGS MILLS,MD21117     		  PC TO SUPPORT NATURE THERAPY AND WELLNESS 25,000
    IVYMOUNT SCHOOL INC
    11614 SEVEN LOCKS ROAD
    ROCKVILLE,MD20854     		  PC TO SUPPORT LEARNING IN A NEW AGE 25,000
    JDRF
    891 ELKRIDGE LANDING ROAD SUITE 150
    LINTHICUM,MD21090     		  PC TO SUPPORT JDRF RESEARCH IN MARYLAND TO ACCELERATE CURES FOR TYPE 1 DIABETES 50,000
    JEWISH FAMILY SERVICE
    1111 BRICKYARD ROAD SUITE 218
    SALT LAKE CITY,UT84106     		  PC TO SUPPORT JFS PROJECT ENCOURAGE/CAREGIVER CONNECTION, JFS SAFETY NET PROGRAM/COUNSELING 50,000
    JOHNS HOPKINS UNIVERSITY
    3400 NORTH CHARLES STREET
    BALTIMORE,MD21218     		  PC TO SUPPORT SUSTAINING CRITICAL PREVENTIVE SCHOOL HEALTH SERVICES IN THE ERA OF COVID-19 100,000
    JUNIOR ACHIEVEMENT OF UTAH INC
    515 SOUTH 700 EAST SUITE 1F
    SALT LAKE CITY,UT84102     		  PC TO SUPPORT JA CITY/BIZTOWN AND IN-CLASS PROGRAM AND SPONSOR IN RECOGNITION OF JA CITY SUPPORTERS 55,000
    KIDS ON THE MOVE INC
    475 WEST 260 NORTH
    OREM,UT84057     		  PC TO SPONSOR 2020 HEBER HALF RUN FOR AUTISM 5,000
    LEARNING UNDEFEATED INC
    9841 WASHINGTONIAN BOULEVARD SUITE
    330
    GAITHERSBURG,MD20878     		  PC TO SUPPORT MOBILE AND DIGITAL STEM EDUCATION LEARNING PROGRAM 25,000
    LITERACY COUNCIL OF CARROLL COUNTY INC
    255 CLIFTON BLVD SUITE 314
    WESTMINSTER,MD21157     		  PC TO PROVIDE OPERATIONAL SUPPORT FOR THE LITERACY COUNCIL ACTIVITIES 2021 25,000
    LOYOLA BLAKEFIELD
    500 CHESTNUT AVENUE
    TOWSON,MD21204     		  PC TO PROVIDE GRANT FOR NEED-BASED FINANCIAL AID AND TECHNOLOGY RESOURCES FOR DESERVING FAMILIES 15,000
    LYRIC THEATER
    59 SW FLAGLER AVENUE
    STUART,FL34994     		  PC TO PROVIDE GRANT FOR OPERATING SUPPORT 30,000
    MAKE-A-WISH MID-ATLANTIC
    6555 ROCK SPRING DRIVE SUITE 280
    BETHESDA,MD20817     		  PC TO SUPPORT MID-ATLANTIC WISH GRANTING AND PROVIDE SPONSORSHIP FY 2021 77,500
    MARRIAGE AND RELATIONSHIP EDUCATION CENTER INC
    255 CLIFTON BOULEVARD SUITE 213
    WESTMINSTER,MD21157     		  PC TO SUPPORT THE HEALTHY RELATIONSHIPS PROJECT AND GARDEN PARTY GALA 21,000
    MARYLAND FOOD BANK INC
    2200 HALETHORPE FARMS ROAD
    HALETHORPE,MD21227     		  PC TO SUPPORT COVID-19 FOOD ACCESS RESPONSE PLAN AND FIGHTING HUNGER IN CARROLL COUNTY 125,000
    MARYLAND SCIENCE CENTER
    601 LIGHT STREET
    BALTIMORE,MD21230     		  PC TO SUPPORT FREE ADMISSION PROGRAM FOR CARROLL COUNTY SCHOOL GROUPS 40,000
    MARYLAND ZOOLOGICAL SOCIETY INC
    1876 MANSION HOUSE DRIVE
    BALTIMORE,MD21217     		  PC TO SUPPORT THE MARYLAND ZOO IN BALTIMORE'S TEEN VOLUNTEER PROGRAM 40,000
    MCDANIEL COLLEGE
    2 COLLEGE HILL
    WESTMINSTER,MD21157     		  PC TO SUPPORT GILL PHYSICAL EDUCATION/KINESIOLOGY LEARNING CENTER RENOVATION PROJECT 100,000
    MCDONOGH SCHOOL INCORPORATED
    8600 MCDONOGH ROAD
    OWINGS MILLS,MD21117     		  PC TO PROVIDE OPERATING SUPPORT 10,000
    MEALS ON WHEELS OF CENTRAL MARYLAND INC
    515 SOUTH HAVEN STREET
    BALTIMORE,MD21224     		  PC TO SUPPORT HOME DELIVERED MEAL PROGRAM AND GROCERY ASSISTANCE PROGRAM AND SPONSORSHIP FY 2021 102,500
    MID ATLANTIC GIGABIT INNOVATION COLLABORATORY INC
    P O BOX 517
    WESTMINSTER,MD21157     		  PC TO FUND INFORMAL STEM PROGRAM FOR CYBERSECURITY AND TECH WORKFORCE DEVELOPMENT 2020 30,000
    MISSION OF MERCY INC
    22 SOUTH MARKET STREET SUITE 6D
    FREDERICK,MD21701     		  PC TO PROVIDE MEDICAL CARE, DENTAL CARE AND MEDICATIONS FOR THE UNINSURED AND UNDERINSURED AND GALA SPONSORSHIP 77,500
    MONTESSORI SCHOOL OF WESTMINSTER INC
    1055 MONTESSORI DRIVE
    WESTMINSTER,MD21158     		  PC TO FUND TRANSPORTATION / ACCESS MONTESSORI 30,000
    MOVEABLE FEAST
    901 NORTH MILTON AVENUE
    BALTIMORE,MD21205     		  PC TO PROVIDE GENERAL OPERATING SUPPORT 50,000
    NATIONAL AQUARIUM INC
    501 EAST PRATT STREET
    BALTIMORE,MD21202     		  PC TO SUPPORT STEM EDUCATION CONTINUUM 25,000
    NAVY SEAL FOUNDATION
    1619 D STREET BUILDING 5326
    VIRGINIA BEACH,VA23459     		  PC TO PROVIDE TRANSITION ASSISTANCE - HUMAN PERFORMANCE 75,000
    NORTH CARROLL COMMUNITY SCHOOL
    401 STONE ROAD
    WESTMINSTER,MD21158     		  PC TO FUND KAHLERT KIDS SCHOLARSHIP FUND AND PROVIDE OPERATING SUPPORT 40,000
    OPERATION HOMEFRONT INC
    1355 CENTRAL PARKWAY SOUTH SUITE
    100
    SAN ANTONIO,TX78232     		  PC TO PROVIDE CRITICAL SUPPORT FOR VETERANS, MILITARY FAMILIES, AND CAREGIVERS AND CRITICAL ASSISTANCE FOR MILITARY AND VETERAN FAMILIES IN NEED 115,000
    OPERATION KIDS FOUNDATION
    1245 EAST BRICKYARD ROAD SUITE 260
    SALT LAKE CITY,UT84106     		  PC TO SUPPORT THE BUSINESS OF CHANGING THE WORLD 250,000
    PARTNERSHIP AND INSPIRATION FOR ENGINEERNG EDUCATION AND ENTREPRENEURSHIP
    1797 NATURES WAY
    WOODBINE,MD21797     		  PC TO SUPPORT BACK TO THE FUTURE OF ROBOTICS FOR ALL 30,000
    PEACE HOUSE INC
    700 ROUND VALLEY DRIVE 115
    PARK CITY,UT84060     		  PC TO SUPPORT 25TH YEAR ANNIVERSARY CAMPAIGN AND COMMUNITY PATIO NAMING: DOMESTIC VIOLENCE VICTIM SERVICES 150,000
    PENN-MAR HUMAN SERVICES
    310 OLD FREELAND ROAD
    FREELAND,MD21053     		  PC TO SUPPORT CAREER LADDERS PROGRAM FOR DIRECT SUPPORT PROFESSIONALS 50,000
    PORT DISCOVERY CHILDREN'S MUSEUM
    35 MARKET PLACE
    BALTIMORE,MD21202     		  PC TO SUPPORT PORT DISCOVERY MUSEUM ACCESS PROGRAMS 50,000
    RED FRED PROJECT FOUNDATION INC
    307 WEST 200 SOUTH 5002
    SALT LAKE CITY,UT84101     		  PC TO SUPPORT RED FRED PROJECT 2020 50,000
    ROAD HOME
    1415 SOUTH MAIN STREET
    SALT LAKE CITY,UT84115     		  PC TO SUPPORT EMERGENCY SHELTER AND RESOURCE CENTER PROGRAM 50,000
    ROCKY MOUNTAIN UNIVERSITY OF HEALTH PROFESSIONS FOUNDATION
    122 EAST 1700 SOUTH
    PROVO,UT84606     		  PC TO SUPPORT COMMUNITY REHABILITATION CLINIC 125,000
    ROLAND PARK COUNTRY SCHOOL
    5204 ROLAND AVENUE
    BALTIMORE,MD21210     		  PC TO SUPPORT ANNUAL FUND FOR FINANCIAL ASSISTANCE FOR MULTIPLE SCHOLARS 30,000
    RONALD MCDONALD HOUSE CHARITIES OF MARYLAND INC
    1 AISQUITH STREET
    BALTIMORE,MD21202     		  PC TO PROVIDE ANNUAL OPERATING GRANT 2021 AND RED SHOE SHUFFLE SPONSORSHIP 102,500
    RONALD MCDONALD HOUSE CHARITIES OF THE INTERMOUNTAIN AREA INC
    935 EAST SOUTH TEMPLE
    SALT LAKE CITY,UT84102     		  PC TO SUPPORT EMERGENCY MEDICAL HOUSING RELIEF PROGRAM AND GALA GUARDIAN OF LIGHT 150,000
    ROOT FOR KIDS
    2044 SOUTH MESA PALMS DRIVE
    ST GEORGE,UT84770     		  PC TO SUPPORT 2020 ROOT FOR KIDS SECRET GARDEN GALA (HOME EDITION) GOLD SPONSORSHIP AND NURTURING STRONG BEGINNINGS 55,000
    ROOTS OF HUMANITY FOUNDATION
    3001 NORTH THANKSGIVING WAY SUITE 2
    LEHI,UT84043     		  PC TO SUPPORT "7 PILLARS" WINDOWS - CREATIVITY, KNOWLEDGE, FREEDOM, COURAGE, FAITH, LOVE, AND UNITY 250,000
    SALVATION ARMY OF CENTRAL MARYLAND
    300 HAHN ROAD
    WESTMINSTER,MD21157     		  PC TO FUND CARROLL COUNTY FAMILY SERVICE CENTER WALK-IN COOLER/FREEZER 40,000
    SEMPER FI & AMERICA'S FUND
    825 COLLEGE BOULEVARD SUITE 102 PMB
    609
    OCEANSIDE,CA92057     		  PC TO SUPPORT TRANSITION AND SERVICE MEMBER AND FAMILY SUPPORT PROGRAMS IN THE MID-ATLANTIC REGION 80,000
    SHELTER THE HOMELESS COMMITTEE INC
    242 WEST PARAMOUNT AVENUE
    SALT LAKE CITY,UT84115     		  PC TO SUPPORT SHELTER THE HOMELESS - HOMELESS RESOURCE CENTERS 100,000
    SINAI HOSPITAL OF BALTIMORE INC
    2401 WEST BELVEDERE AVENUE
    BALTIMORE,MD21215     		  PC TO SUPPORT DIVISION OF REHABILITATION ENGINEERING 100,000
    SISTERS ACADEMY OF BALTIMORE INC
    139 FIRST AVENUE
    BALTIMORE,MD21227     		  PC TO SUPPORT THREE R'S FOR OUR TIME 40,000
    SOBER TRUTH
    32 WEST BALTIMORE STREET
    TANEYTOWN,MD21787     		  PC TO SUPPORT CHRYSALIS TRANSITIONAL LIVING PROGRAM 20,000
    SPRINGBOARD COMMUNITY SERVICES
    4623 FALLS ROAD
    BALTIMORE,MD21209     		  PC TO SUPPORT WEST END PLACE MEDICAL ADULT DAY CARE 210,000
    SPY HOP PRODUCTIONS
    208 WEST HARVEY MILK BOULEVARD
    SALT LAKE CITY,UT84101     		  PC TO FUND NEW YOUTH MEDIA ARTS CENTER AND GRAND OPENING EVENT 255,000
    SQUASHWISE INC
    3600 CLIPPER MILL ROAD SUITE 107
    BALTIMORE,MD21211     		  PC TO SUPPORT 'ADJUSTING OUR SERVE': SQUASHWISE DURING COVID AND BEYOND 50,000
    ST MARY'S COLLEGE OF MARYLAND FOUNDATION
    18952 EAST FISHER ROAD
    ST MARYS CITY,MD20686     		  PC TO PROVIDE OPERATING SUPPORT 40,000
    STEVENSON UNIVERSITY
    1525 GREENSPRING VALLEY ROAD
    STEVENSON,MD21153     		  PC TO PROVIDE BIOMEDICAL ENGINEERING START-UP FUNDS AND STUDENT SCHOLARSHIPS 100,000
    SUCCESS IN EDUCATION FOUNDATION
    111 EAST BROADWAY SUITE 900
    SALT LAKE CITY,UT84111     		  PC TO SUPPORT CODE TO SUCCESS AND HOLE IN ONE CHALLENGE 255,000
    SUNDANCE INSTITUTE
    1500 KEARNS BOULEVARD SUITE B110
    PARK CITY,UT84060     		  PC TO SUPPORT SUNDANCE INSTITUTE - CATALYST 50,000
    THANKSGIVING POINT INSTITUTE INC
    3003 NORTH THANKSGIVING WAY
    LEHI,UT84043     		  PC TO SUPPORT GIRLS IN STEM PROGRAMING AND GENERAL OPERATIONAL SUPPORT FOR TRANSFORMATIVE EDUCATION PROGRAMS AND IMAGINE THAT! GALA SPONSORSHIP 2020 105,000
    TOWSON UNIVERSITY FOUNDATION
    8000 YORK ROAD
    TOWSON,MD21252     		  PC TO SUPPORT THROUGH MULTI YEAR GRANT 600,000
    TREE OF FRIENDS FOUNDATION
    3211 MAIN STREET
    MANCHESTER,MD21102     		  PC TO SUPPORT TREE OF FRIENDS FOUNDATION 20,000
    TRI COUNTY COUNCIL FOUNDATION
    31901 TRI COUNTY WAY
    SALISBURY,MD21804     		  PC TO SUPPORT PROJECT OPPORTUNITY 15,000
    TYLER ROBINSON FOUNDATION
    400 SOUTH 4TH STREET SUITE 500
    LAS VEGAS,NV89101     		  PC TO SUPPORT 2020 RISE UP GALA, FUNDING OUR SIGNATURE GRANT PROGRAM 250,000
    ULMAN CANCER FUND FOR YOUNG ADULTS
    1215 EAST FORT AVENUE SUITE 104
    BALTIMORE,MD21230     		  PC TO BUILD OUT THE FIRST FLOOR OF ULMAN HOUSE IN BALTIMORE 50,000
    UNITED WAY OF SALT LAKE
    257 EAST 200 SOUTH SUITE 300
    SALT LAKE CITY,UT84111     		  PC TO SUPPORT STAY SAFE, STAY CONNECTED INITIATIVE 100,000
    UNIVERSITY OF MARYLAND BALTIMORE FOUNDATION INC
    31 SOUTH GREENE STREET SUITE 312
    BALTIMORE,MD21201     		  PC TO SUPPORT GLYBURIDE AS A NOVEL TREATMENT FOR COVID-POSITIVE PATIENTS WITH SEVERE INFLAMMATORY LUNG DISEASE AND MONITORING OF IMMUNE RESPONSES TO THE COVID-19 VACCINE IN PATIENTS WITH HEMATOLOGIC MALIGNANCIES 275,000
    UNIVERSITY OF MARYLAND MEDICAL SYSTEM FOUNDATION INC SHOCK TRAUMA
    110 SOUTH PACA STREET 9TH FLOOR
    BALTIMORE,MD21201     		  PC TO SUPPORT CENTER FOR INNOVATION IN CLINICAL AND TRANSLATIONAL SHOCK AND INJURY RESEARCH 125,000
    UNIVERSITY OF MARYLAND ST JOSEPH MEDICAL CENTER
    7601 OSLER DRIVE
    TOWSON,MD21204     		  PC TO SUPPORT MIRACLES HAPPEN HERE: THE CAMPAIGN FOR SUSTAINING SURGICAL EXCELLENCE 125,000
    UNIVERSITY OF UTAH ATHLETICS
    1825 EAST SOUTH CAMPUS DRIVE
    SALT LAKE CITY,UT84112     		  PC TO SUPPORT UNIVERSITY OF UTAH ATHLETICS 2020 50,000
    UNIVERSITY OF UTAH SCHOOL OF BUSINESS
    1655 EAST CAMPUS CENTER DRIVE
    SALT LAKE CITY,UT84112     		  PC TO SUPPORT UNIVERSITY OF UTAH BUSINESS SCHOOL 2020 300,000
    UNIVERSITY OF UTAH
    332 SOUTH 1400 EAST SUITE 150
    SALT LAKE CITY,UT84112     		  PC TO FUND KAHLERT VILLAGE / KAHLERT INITIATIVE FOR TECHNOLOGY 1,000,000
    URBAN TEACHERS
    1800 WASHINGTON BOULEVARD SUITE 411
    BALTIMORE,MD21230     		  PC TO SUPPORT URBAN TEACHERS - EFFECTIVE TEACHERS FOR BALTIMORE CITY 40,000
    UROLOGY CARE FOUNDATION
    1000 CORPORATE BOULEVARD
    LINTHICUM,MD21090     		  PC TO FUND ONE YEAR RESIDENCY RESEARCH AWARDS 37,500
    USTAMID-ATLANTIC SECTION INC
    620 HERNDON PARKWAY SUITE 290
    HERNDON,VA20170     		  PC TO PROVIDE USTA MID-ATLANTIC - HOWARD COUNTY TENNIS PROGRAM SUPPORT 15,000
    UTAH FILM CENTER
    50 WEST BROADWAY SUITE 1125
    SALT LAKE CITY,UT84101     		  PC TO SUPPORT MEDIA EDUCATION AND FILM FESTIVAL SPONSORSHIP 30,000
    UTAH GUARD CHARITABLE TRUST
    17800 SOUTH CAMP WILLIAMS ROAD
    BUILDING 8000
    BLUFFDALE,UT84065     		  PC TO PROVIDE FAMILY SUPPORT AND EDUCATIONAL SCHOLARSHIPS 25,000
    UTAH MUSEUM OF CONTEMPORARY ART
    20 SOUTH WEST TEMPLE
    SALT LAKE CITY,UT84101     		  PC TO SUPPORT BRAVE NEW WORLD GALA 5,000
    UTAH NONPROFITS ASSOCIATION INC
    4900 HIGHLAND DRIVE SUITE B
    HOLLADAY,UT84117     		  PC TO SUPPORT UNA ANNUAL CONFERENCE 5,000
    UTAH VALLEY UNIVERSITY FOUNDATION INC
    800 WEST UNIVERSITY PARKWAY
    OREM,UT84058     		  PC TO SUPPORT WOMEN'S SUCCESS CENTER SCHOLARSHIP 125,000
    WARRIOR RISING
    11614 SOUTH ANNA EMILY DRIVE
    SOUTH JORDAN,UT84095     		  PC TO SUPPORT WARRIOR RISING - 2020/2021 (ONLINE MARKETPLACE) 150,000
    WESTMINSTER RESCUE MISSION
    P O BOX 285 658 LUCABAUGH MILL ROAD
    WESTMINSTER,MD21158     		  PC TO SUPPORT FEEDING CARROLL COUNTY 40,000
    WOMAN TO WOMAN MENTORING INC
    P O BOX 1660
    FREDERICK,MD21702     		  PC TO SUPPORT STEM MENTOR/MATCHING AND WORKSHOPS THROUGH PANDEMIC/SERVICE EXPANSION CARROLL COUNTY 30,000
    WOMEN TECH COUNCIL
    32 WEST 200 SOUTH 158
    SALT LAKE CITY,UT84058     		  PC TO SUPPORT WOMEN TECH COUNCIL STUDENT INNOVATORS AND GALA 55,000
    Y IN CENTRAL MARYLAND
    303 WEST CHESAPEAKE AVENUE
    TOWSON,MD21204     		  PC TO SUPPORT EMERGENCY RESPONSE TO COVID 125,000
    YOUNIQUE FOUNDATION
    3400 WEST MAYFLOWER AVENUE
    LEHI,UT84043     		  PC TO SUPPORT THE HAVEN RETREAT AND EVENT SPONSORSHIP OF THE RECLAIM HOPE GALA: BEHIND THE MASK 105,000
    ZACHING AGAINST CANCER FOUNDATION
    6700 ALEXANDER BELL DRIVE SUITE 185
    COLUMBIA,MD21046     		  PC TO SUPPORT DIRECT PATIENT OUTREACH PROGRAM 75,000
    Total .................................bullet 3a 13,784,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 897  
    4 Dividends and interest from securities....     14 715,356  
    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 18,720,727  
    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 19,436,980 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    19,436,980
    (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:
    THE KAHLERT FOUNDATION INC
    EIN:
    52-1798711
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 22,000 22,000   0

    TY 2020 GeneralExplanationAttachment
    Name:
    THE KAHLERT FOUNDATION INC
    EIN:
    52-1798711
    Identifier Return Reference Explanation
    MISSION STATEMENT FORM 990-PF THE KAHLERT FOUNDATION'S MISSION IS TO PROVIDE GRANTS TO NON-PROFIT ORGANIZATIONS TO IMPROVE THE QUALITY OF LIFE AND WELL-BEING OF THE COMMUNITY IN THE AREAS OF HEALTH CARE, YOUTH PROGRAMS, EDUCATION, VETERAN ORGANIZATIONS, AND HUMAN SERVICES. OUR FOCUS IS IN MARYLAND AND UTAH BUT ALSO INCLUDES NORTHERN VIRGINIA, SOUTHERN PENNSYLVANIA, AND WASHINGTON DC.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE KAHLERT FOUNDATION INC
    EIN:
    52-1798711
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 1,753,113 1,789,825

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE KAHLERT FOUNDATION INC
    EIN:
    52-1798711
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK 56,087,503 290,454,621
    MUTUAL FUNDS 20,444,154 25,405,686

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    THE KAHLERT FOUNDATION INC
    EIN:
    52-1798711
    US Government Securities - End of Year Book Value:

    1,828,503
    US Government Securities - End of Year Fair Market Value:

    1,834,183
    State & Local Government Securities - End of Year Book Value:


    84,973
    State & Local Government Securities - End of Year Fair Market Value:


    87,418


    TY 2020 LegalFeesSchedule
    Name:
    THE KAHLERT FOUNDATION INC
    EIN:
    52-1798711
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 2,060 2,060   0


    TY 2020 OtherExpensesSchedule
    Name:
    THE KAHLERT FOUNDATION INC
    EIN:
    52-1798711
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK SERVICE CHARGES 237 237   0
    DUES AND SUBSCRIPTIONS 85 85   0
    OFFICE EXPENSE 13,387 13,387   0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE KAHLERT FOUNDATION INC
    EIN:
    52-1798711
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CUSTODY FEES 4,434 4,434   0
    INVESTMENT MANAGEMENT FEES 166,929 166,929   0


    TY 2020 TaxesSchedule
    Name:
    THE KAHLERT FOUNDATION INC
    EIN:
    52-1798711
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX ON INVESTMENT INCOME FOR FYE 06/30/2020 336,586 0   0
    FOREIGN TAXES WITHHELD ON INVESTMENTS 1,691 1,691   0