TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
EUGENE AND JANET LERNER FAMILY
FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)1205 W SHERWIN AVE NO 815
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60626

A Employer identification number

36-3674212

B Telephone number (see instructions)

(773) 719-3038

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$15,162,934J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	68		68
4	Dividends and interest from securities...	393,928		341,827
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,041,124
b	Gross sales price for all assets on line 6a 9,616,085
7	Capital gain net income (from Part IV, line 2)...			910,443
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).......		25,749	22,464
12	Total. Add lines 1 through 11........	1,460,869		1,274,802
13	Compensation of officers, directors, trustees, etc.	5,000		500	4,500
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		9,100	8,190	910
c	Other professional fees (attach schedule)....		91,976	79,789	0
17	Interest...............	21,534		0	0
18	Taxes (attach schedule) (see instructions)...		7,297	1,993	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	359		0	359
22	Printing and publications..........
23	Other expenses (attach schedule).......		41,799	9,019	19
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	177,065		99,491	5,788
25	Contributions, gifts, grants paid.......	1,092,130			1,092,130
26	Total expenses and disbursements. Add lines 24 and 25	1,269,195		99,491	1,097,918
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	191,674
b	Net investment income (if negative, enter -0-)			1,175,311
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	183,756	795,553	795,553
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	371,297	0	0
	b	Investments—corporate stock (attach schedule).......	6,021,718	6,391,348	9,533,740
	c	Investments—corporate bonds (attach schedule).......	3,851,875	3,483,260	3,592,756
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,325,510	1,306,986	1,240,885
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	11,754,156	11,977,147	15,162,934
	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)......	1,321,986	1,342,951
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	1,321,986	1,342,951
		Foundations that follow FASB ASC 958, check here
		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
		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	10,432,170	10,634,196
	29	Total net assets or fund balances (see instructions).....	10,432,170	10,634,196
	30	Total liabilities and net assets/fund balances (see instructions).	11,754,156	11,977,147

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

10,432,170

Enter amount from Part I, line 27a .....................

191,674

Other increases not included in line 2 (itemize) bullet

10,618

Add lines 1, 2, and 3 ..........................

10,634,462

Decreases not included in line 2 (itemize) bullet

266

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

10,634,196

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
b	PUBLICLY TRADED SECURITIES
c	PIPELINE MEDIA	P	2013-10-11	2020-12-31
d	ENERGY TRANSFER	P	2020-04-07	2020-10-28
e	ENTERPRISE PRODUCT PARTNERS	P	2020-04-09	2020-10-27
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	8,076,747	7,221,583	855,164
b	1,233,624	1,233,689	-65
c	139,027	100,000	39,027
d	83,283	78,669	4,614
e	82,912	71,701	11,211
	492		492

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			855,164
b			-65
c			39,027
d			4,614
e			11,211
			492

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	910,443
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 ...................		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

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	16,337
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	16,337
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	16,337
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	11,568
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	10,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	21,568
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	5,231
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax5,231	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

Yes

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

LAURA LERNER Telephone no. bullet

(773) 719-3038

Located at bullet

6350 N LAKEWOOD AVECHICAGOIL ZIP+4 bullet

60660

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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-)
LAURA LERNER	PRESIDENT 15.00	5,000
6350 N LAKEWOOD AVE CHICAGO,IL60660	PRESIDENT 15.00	5,000
SUSAN COHN	SECRETARY 5.00	0
720 N LARRABEE ST 503 CHICAGO,IL60610	SECRETARY 5.00	0
AARON COHN	TREASURER 5.00	0
1907 BOSWORTH LANE NORTHFIELD,IL60093	TREASURER 5.00	0
LEE COHN	DIRECTOR 5.00	0
10 LIBERTY STREET NO 17C NEW YORK,NY10005	DIRECTOR 5.00	0
DEAN LERNER	DIRECTOR 5.00	0
6773 E GELDING DRIVE SCOTTSDALE,IL85254	DIRECTOR 5.00	0

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...................				0

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
HIGHTOWER ADVISORS	INVESTMENT ADVISORY	91,976
500 LAKE COOK RD SUITE 210 DEERFIELD,IL600155266	INVESTMENT ADVISORY	91,976

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

11,828,390

Average of monthly cash balances.......................

769,123

Fair market value of all other assets (see instructions)................

1,054,782

Total (add lines 1a, b, and c).........................

13,652,295

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

1,332,469

Subtract line 2 from line 1d.........................

12,319,826

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

184,797

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

12,135,029

Minimum investment return. Enter 5% of line 5..................

606,751

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.)

Minimum investment return from Part X, line 6....................

606,751

Tax on investment income for 2020 from Part VI, line 5......

16,337

Income tax for 2020. (This does not include the tax from Part VI.)...

17,172

Add lines 2a and 2b............................

33,509

Distributable amount before adjustments. Subtract line 2c from line 1............

573,242

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

573,242

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

573,242

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,097,918

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

1,097,918

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

1,097,918

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)

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					573,242
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......	856,722
b From 2016......	143,137
c From 2017......	379,844
d From 2018......	698,747
e From 2019......	626,868
fTotal of lines 3a through e........		2,705,318
4Qualifying distributions for 2020 from Part
XII, line 4: $ 1,097,918
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.....					573,242
e Remaining amount distributed out of corpus		524,676
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		3,229,994
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) ...		856,722
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		2,373,272
10 Analysis of line 9:
a Excess from 2016....	143,137
b Excess from 2017....	379,844
c Excess from 2018....	698,747
d Excess from 2019....	626,868
e Excess from 2020....	524,676

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ADVANCES IN NEUROBLASTOMA RESEARCH (ANRA) 3501 CIVIC CENTER BLVD 3018 PHILADELPHIA,PA191043820		PC	CHARITY	34,000
ARZA 633 THIRD AVENUE NEW YORK,NY10017		PC	CHARITY	25,000
BIRTHRIGHT ISRAEL FOUNDATION PO BOX 21615 NEW YORK,NY10087		PC	CHARITY	60,000
CENTRAL TEXAS FOOD BANK 6500 METROPLOIS DR AUSTIN,TX78744		PC	CHARITY	10,000
CONQUER CANCER FOUNDATION 2318 MILL ROAD 800 ALEXANDRIA,VA22314		PC	CHARITY	30,000
DESERT LABRADOR RETRIEVER RESCUE PO BOX 10575 GLENDALE,AZ85318		PC	CHARITY	5,000
DIGESTIVE HEALTH FOUNDATION 676 N ST CLAIRE ST ARKES PAVILLION 14TH FLOOR CHICAGO,IL60611		PC	CHARITY	7,500
DOWNTOWN WOMEN'S CENTER 442 S PEDRO ST LOS ANGELES,CA90013		PC	CHARITY	5,000
EVANSTON ANIMAL SHELTER 2310 OAKTON ST EVANSTON,IL60202		PC	CHARITY	5,000
FOOD BANK FOR NEW YORK CITY PO BOX 470 HARTSDALE,NY10530		PC	CHARITY	5,000
FRIENDS OF ELNET 5215 OLD ORCHARD RD 880 SKOKIE,IL60077		PC	CHARITY	50,000
FRIENDS OF THE IDF 29 E MADISON ST CHICAGO,IL606024550		PC	CHARITY	16,000
GLASA 27864 IRMA LEE CIRCLE 101 LAKE FOREST,IL60045		PC	CHARITY	5,000
HADASSAH 60 REVERE DR 800 NORTHBROOK,IL60062		PC	CHARITY	10,000
HILLEL INTERNATIONAL 800 8TH ST NW WASHINGTON,DC20001		PC	CHARITY	2,500
HINDA INSTITUTE 9401 N MARGAIL DES PLAINES,IL60016		PC	CHARITY	2,500
HOPE WORLDWIDE 4231 BALBOA AVE 330 SAN DIEGO,CA92117		PC	CHARITY	15,000
HUMAN CONNECTIONS 210 S LINDEN AVE WESTMONT,IL605592013		PC	CHARITY	25,000
I BELONG 8652 CRAWFORD AVE SKOKIE,IL600762126		PC	CHARITY	5,130
ISRAEL CANCER RESEARCH FUND 1 NORTHFIELD PLAZA 235 NORTHFIELD,IL60093		PC	CHARITY	58,000
ISRAEL SPORTS CENTER FOR THE DISABLES 1 NORTHFIELD PLAZA 300 NORTHFIELD,IL60093		PC	CHARITY	100,000
JEWISH FEDERATION OF METRO CHICAGO 30 S WELLS ST CHICAGO,IL60606		PC	CHARITY	135,000
JEWISH NATIONAL FUND 78 RANDALL AVE ROCKVILLE CENTRE,NY11570		PC	CHARITY	20,000
JEWISH UNITED FUND 30 S WELLS ST CHICAGO,IL60606		PC	CHARITY	150,000
JUDD GOLDMAN ADOPTIVE SAILING 875 MICHIGAN AVE 3718 CHICAGO,IL60611		PC	CHARITY	15,000
KESHET 600 ACADEMY DR 130 NORTHBROOK,IL60062		PC	CHARITY	55,000
LEARNING DISABILITIES ASSOCIATION OF ILLINOIS 10101 SOUTH ROBERTS ROAD SUITE 205 PALOS HILLS,IL604651556		PC	CHARITY	10,000
LOS ANGELES COUNTY MUSEUM OF ART (LACMA) 5905 WILSHIRE BLVD LOS ANGELES,CA90036		PC	CHARITY	5,000
LOS ANGELES REGINAL FOOD ANK 1734 EAST 41ST STREET LOS ANGELES,CA90058		PC	CHARITY	5,000
MAX MCGRAW WILDLIFE FOUNDATION 14N322 IL ROUTE 25 DUNDEE,IL60118		PC	CHARITY	5,500
MUTUAL AID ACTION LOS ANGELES 2515 W 7TH ST LOS ANGELES,CA90057		PC	CHARITY	5,000
NEW HORIZON CENTER 6737 W FOREST PRESERVE AVE CHICAGO,IL606341470		PC	CHARITY	5,000
NEW ISRAEL FUND 235 MONTGOMERY ST 920 SAN FRANCISCO,CA941043000		PC	CHARITY	38,000
OLIN SANG RUBY UNION INSTITUTE CAMP 1121 LAKE COOK ROAD SUITE D DEERFIELD,IL60015		PC	CHARITY	40,000
OPENDORMEDIA 1110 W OAKLAND BLVD 288 SUNRISE,FL333516808		PC	CHARITY	10,000
PLANNED PARENTHOOD FEDERATION OF AMERICA POBOX 97166 WASHINGTON,DC200907166		PC	CHARITY	10,000
PROJECT 613 2836 W JARVIS AVE CHICAGO,IL60645		PC	CHARITY	10,000
ST BALDRICKS FOUNDATION 1333 SOUTH MAYFLOWER AVENUE 400 MONROVIA,CA91016		PC	CHARITY	10,000
ST MARY'S FOOD BANK 2831 N 31ST AVE PHOENIX,AZ85009		PC	CHARITY	10,000
TEMPLE BETH ISRAEL 3601 W DEMPTSTER ST SKOKIE,IL60076		PC	CHARITY	28,000
UMRC FOUNDATION 805 WEST MIDDLE ST CHELSEA,MI48118		PC	CHARITY	5,000
UNITED WAY OF METROPOLITAN CHICAGO 333 S WABASH AVE 30TH FLOOR CHICAGO,IL60604		PC	CHARITY	5,000
UNIVERSITY OF CHICAGO 5235 S HARPER COURT 4TH FLOOR CHICAGO,IL60615		PC	CHARITY	20,000
WBEZ 848 E GRAND AVE CHICAGO,IL60611		PC	CHARITY	10,000
WTTW 5400 N ST LOUIS AVE CHICAGO,IL60625		PC	CHARITY	10,000
Total ................................. 3a				1,092,130

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	68
4 Dividends and interest from securities....	523000	52,101	14	341,827
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.....	523000	3,285	01	22,464
8 Gain or (loss) from sales of assets other than inventory ............	523000	130,681	18	910,443
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)..		186,067		1,274,802	0

13Total. Add line 12, columns (b), (d), and (e)..................

1,460,869

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	9,100	8,190		910

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Name of Bond	End of Year Book Value	End of Year Fair Market Value
APACHE CORP FXD RT NT 4.375% 10/15/28 B/E DTD 08/23/18 CLB	2,875	5,205
AMC NETWORKS INC GTD FXD RT SR NT 5.000% 04/01/24 B/E DTD 03/30/16 CLB	50,922	50,813
BOEING CO SR NT 3.200% 03/01/29 B/E DTD 02/15/19 CLB	43,160	54,893
BOEING CO SR NT 3.600% 05/01/34 B/E DTD 05/02/19 CLB	90,855	105,294
CDK GLOBAL INC FXD RT SR NT 5.875% 06/15/26 B/E DTD 06/18/18 CLB	104,817	104,909
CDW CORP SR NT 4.250% 04/01/28 B/E DTD 09/26/19 CLB	10,368	10,558
CENTRAL GARDEN & PET CO FXD RT SR NT 5.125% 02/01/28 B/E DTD 12/14/17 CLB	61,814	63,806
COEUR MNG INC GTD FXD RT SR NT 5.875% 06/01/24 B/E DTD 05/31/17 CLB	24,125	25,188
COMMERCIAL METALS CO FXD RT 4.875% 05/15/23 B/E DTD 05/20/13 CLB	150,688	157,875
DANA INC SR NT 5.375% 11/15/27 B/E DTD 11/20/19 CLB	51,797	53,000
DANA INC SR NT 5.500% 12/15/24 B/E DTD 12/09/14 CLD	76,090	76,500
DILLARD DEPT STORES INC DEB 7.750% 05/15/27 B/E DTD 05/15/97	52,544	54,817
DILLARD DEPT STORES INC DEB 7.875% 01/01/23 B/E DTD 01/01/93	5,265	5,426
EQM MIDSTREAM PARTNERS L P FXD RT SR NT 4.750% 07/15/23 B/E DTD 06/25/18 CLB	50,162	52,574
EQM MIDSTREAM PARTNERS L P FXD RT SR NT 5.500% 07/15/28 B/E DTD 06/25/18 CLB	90,500	109,285
FREEPORT-MCMORAN COPPER & GOLD INC SR NT 5.250% 09/01/29 B/E DTD 08/15/19 CL	52,394	55,625
HERCULES INC JR SUB DEB 6.500% 06/30/29 B/E DTD 07/27/99	152,301	161,175
ICAHN ENTERPRISES L P / ICAHN ENTERPRISES FIN CORP GTD FXD RT SR NT 6.375% 1	102,804	103,450
INGRAM MICRO INC NT 5.000% 08/10/22 B/E DTD 08/10/12 CLD	78,456	82,538
LEVI STRAUSS & CO NEW SR NT 5.000% 05/01/25 B/E DTD 04/27/15 CLB	51,376	51,250
MERITOR INC GTD FXD RT 6.250% 02/15/24 B/E DTD 02/13/14 CLB	27,595	27,554
MGIC INVT CORP WIS SR NT 5.250% 08/15/28 B/E DTD 08/12/20 CLB	25,588	26,750
MOUNTAIN STS TEL & TELEG CO DEB 7.375% 05/01/30 B/E DTD 05/01/90	54,796	59,634
MUELLER INDS INC FXD RT SUB DEB 6.000% 03/01/27 REG DTD 03/09/17 CLD	82,078	81,400
NORDSTROM INC FXD RT SR NT 4.000% 03/15/27 B/E DTD 03/09/17 CLB	2,531	2,973
PBF HLDG CO LLC / PBF FIN CORP GTD FXD RT SR NT 7.250% 06/15/25 B/E DTD 05/3	89,780	55,100
RADIAN GROUP INC FXD RT SR NT 4.500% 10/01/24 B/E DTD 09/26/17 CLB	75,618	79,125
ROYAL CARIBBEAN CRUISES LTD (DOING BUSINESS AS ROYAL CARIBBEAN GROUP) 7.500%	84,655	81,750
SCIENCE APPLICATIONS INTL CORP FXD RT NT 7.125% 07/01/32 B/E DTD 06/28/02	61,633	80,973
SEAGATE HDD CAYMAN GTD SR NT ISIN#US81180WAL54 4.750% 01/01/25 B/E DTD 07/01	24,344	27,203
SHOPKO STORES INC SR NT 9.250% 03/15/22 REG DTD 03/12/92	48,362	0
TEVA PHARMACEUTICAL FIN IV B V SR NT ISIN#US88166JAA16 3.650% 11/10/21 B/E D	59,454	60,750
TRANSCANADA TR TR NT SER 2016-A ISIN #US89356BAB45 5.875% 08/15/76 B/E DTD 0	50,996	55,750
TRANSCANADA TR TR NT SER 2019-A 5.500% 09/15/79 B/E DTD 09/12/19 CLB	52,250	55,000
TWO HBRS INVT CORP FXD RT SR NT CONV 6.250% 01/15/22 B/E DTD 01/19/17	30,735	29,925
WESCO DISTR INC GTD SR NT 5.375% 12/15/21 B/E DTD 06/15/14 CLB	105,279	105,063
WESTERN DIGITAL CORP FXD RT SR NT 4.750% 02/15/26 B/E DTD 02/13/18 CLB	68,634	82,875
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP GTD FXD RT SR NT 4.950% 09/15/28 B/	19,666	23,728
AMERICAN EXPRESS CO FIXED RATE TO FLOATING RT NONCUMULATIVE 3.552% 11/10/64	66,563	69,475
BANK AMER CORP DEPOSITARY SHARES EACH REPRESENTING A 1/25TH INT IN A 6.500%	52,508	57,125
BANK NEW YORK MELLON CORP DEPOSITARY SHS REPSTG 1/100TH INT PERP PFD SER G 4	50,561	55,140
CAPITAL ONE FINL CORP PERP PFD SER E FIXED/FLTG 3.934% 05/14/65 B/E DTD 05/1	62,719	74,348
CITIGROUP INC DEP SHS EACH REPRESENTING A 1/25TH INTEREST IN A 5.900% 12/13/	25,386	26,263
CITIGROUP INC DEP SHS REPSTG 1/25TH INT SH FXD/FLTG NON CUMULATIVE PFD SER A	24,829	26,240
CITIGROUP INC DEP SHS REPSTG 1/25TH PFD SER U FIXED/FLTG 5.000% 09/12/69 B/E	25,245	25,985
GOLDMAN SACHS GROUP INC DEP SHS REPSTG 1/25TH INT SH FXD RATE RESET NON 4.95	25,375	26,448
GOLDMAN SACHS GROUP INC FIXED-TO-FLOATING RATE DEP SHS NON CUM 4.127% 04/23/	101,432	99,798
JPMORGAN CHASE & CO DEP SHS REPSTG 1/10TH PFD SER I FIXED TO FLOATING 3.598%	146,794	149,693
JPMORGAN CHASE & CO DEP SHS REPSTG 1/10TH PFD SER S FIXED TO FLTG 6.750% 01/	56,385	61,749
METLIFE INC FXD TO FLTG NON CUM PFD STK SER C 3.758% 06/01/65 B/E DTD 06/01/	27,525	29,850
MORGAN STANLEY DEP SHS REPSTG 1/25TH SHS FXD TO FLTG NON CUM PFD SER J 4.051	13,445	14,850
PPL CAP FDG INC GTD JR SUB NT 2007 SER A FIXED TO FLOAT 2.796% 03/30/67 B/E	50,061	43,124
SCHWAB CHARLES CORP NEW NON CUM PERP PDF SER A FIXED TO FLTG RATE 7.000% 01/	76,282	79,219
WACHOVIA CAP TR III GTD FIXED-FLTG RATE NORMAL WACHOVIA INCOME TR SECS SER I	70,236	70,884
ZIONS BANCORPORATION FXD TO FLTG RATE NON CUMULATIVE PERPETUAL PREFERRED STO	26,721	26,625
JPMORGAN CHASE BK NA COLUMBUS OHIO CTF DEP ACT/365 QUARTERLY 0.000% 03/24/29	112,785	117,900
CITIGROUP INC MEDIUM TERM SR NTS FXD TO FLTNG RT LEVERAGED CALLABLE CMS CURV	83,438	95,080
GOLDMAN SACHS GROUP INC MEDIUM TERM NTS CALLABLE QUARTERLY CMS SPREAD-LINKED	112,963	118,475
GS FIN CORP MEDIUM TERM NTS LINKED 10.000% 06/28/34 B/E DTD 06/28/19 CLB	4,700	4,751

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Name of Stock	End of Year Book Value	End of Year Fair Market Value
3M CO COM	48,646	76,908
ABIOMED INC COM	26,929	48,630
ACCENTURE PLC IRELAND CLASS SHS ISIN#IE00B4BNMY34	31,559	44,406
ADYEN B V PARTS SOCIALES ISIN#NL0012969182	16,330	46,612
AGILENT TECHNOLOGIES INC COM	20,269	29,623
AIR PRODS & CHEMS INC COM	64,131	73,769
ALCOA CORP COM	25,892	65,001
ALCON SA ACT NOM ISIN#CH0432492467	28,231	30,615
ALPHABET INC CAP STK CL C	84,310	262,782
AMAZON COM INC	44,738	146,562
AMGEN INC COM	11,660	20,693
AMPHENOL CORP NEW CL A	7,678	15,039
APPLE INC COM	22,751	95,537
BCE INC COM NEW ISIN#CA05534B7604 SHS	27,442	27,392
BIOGEN IDEC INC COM	76,514	73,458
BOEING CO COM	44,622	57,796
BROOKFIELD ASSET MGMT INC VTG SHS CL A ISIN#CA1125851040	78,752	99,461
CARLISLE COS INC COM	26,131	28,112
CARRIER GLOBAL CORP COM	12,205	22,632
CDW CORP COM	85,751	163,420
COTY INC COM CL A	27,211	61,846
CROWDSTRIKE HLDGS INC CL A	59,316	127,092
CUMMINS INC	39,926	59,046
DANAHER CORP COM	70,704	108,849
DEVON ENERGY CORP NEW COM	65,030	82,370
DICKS SPORTING GOODS INC COM	38,675	60,707
DOLLAR GEN CORP NEW COM	25,161	25,236
DOW INC COM	30,363	47,175
ELANCO ANIMAL HEALTH INC COM	37,202	39,994
FEDEX CORP COM	9,925	15,577
FIRST SOLAR INC COM	32,334	70,233
FIVE BELOW INC COM	40,012	54,244
FREEPORT-MCMORAN INC CL B	22,601	68,953
FTI CONSULTING INC COM	82,719	81,556
GOLDMAN SACHS GROUP INC COM	54,600	68,565
GOODYEAR TIRE & RUBR CO COM	27,712	43,531
HOME DEPOT INC COM	65,693	225,777
HONEYWELL INTL INC COM	54,106	123,366
IAMGOLD CORP COM ISIN#CA4509131088	30,095	35,416
IROBOT CORP COM	17,107	25,693
JOHNSON & JOHNSON COM	61,870	75,542
KBR INC COM	28,024	31,858
L3HARRIS TECHNOLOGIES INC COM	78,013	115,491
LAM RESEARCH CORP	28,969	28,336
LILLY ELI & CO COM	57,635	96,070
MAGNA INTERNATIONAL INC COM ISIN#CA5592224011	30,636	55,932
MARATHON OIL CORP COM	23,491	27,747
MARSH & MCLENNAN COS INC COM	35,860	63,180
MARTIN MARIETTA MATLS INC COM	22,946	31,237
MARVELL TECH GROUP LTD C/A EFF 04/21/21 1 OLD / 1 NEW CU 573874104 MARVELL T	20,907	22,819
MASCO CORP COM	21,049	25,268
MASTERCARD INC CL A COM	70,711	281,983
MCDONALDS CORP	163,659	190,976
MGM RESORTS INTL COM	40,072	82,556
MONDELEZ INTL INC CL A	31,433	32,159
MORGAN STANLEY COM NEW	26,096	37,006
MOSAIC CO NEW COM	19,592	40,498
NORDSON CORP COM	2,852	8,038
NORFOLK SOUTHN CORP COM	22,907	28,513
OTIS WORLDWIDE CORP COM	17,071	20,265
PFIZER INC COM	32,140	35,338
PUBLIC SVC ENTERPRISE GROUP INC COM	32,709	39,061
QUALCOMM INC	56,786	76,170
RELIANCE STL & ALUM CO COM	41,912	71,850
RESMED INC COM	15,057	19,130
ROYAL BK CDA MONTREAL QUE ISIN# CA7800871021	18,556	19,694
SHOPIFY INC CL A ISIN#CA82509L1076	139,095	413,162
SKYWORKS SOLUTIONS INC COM	19,591	19,874
TARGET CORP COM	52,953	97,092
TC ENERGY CORPORATION REGISTERED SHS ISIN#CA87807B1076	20,459	19,094
TEREX CORP NEW .01 PV	68,144	122,115
TJX COS INC NEW COM	78,491	152,970
TUTOR PERINI CORP COM STK	64,443	118,622
ULTA SALON COSMETICS & FRAGRANCE INC	20,210	25,844
UNION PAC CORP COM	36,943	83,288
UNITEDHEALTH GROUP INC COM	20,125	84,163
VIATRIS INC COM	1,761	2,230
VISA INC COM CL A	81,493	131,238
WESTERN DIGITAL CORP COM	48,386	73,115
WHITING PETE CORP COM PAR$	509	1,800
XIAOMI CORPORATION USD CL B SHS 144A ISIN#KYG9830T1067	34,155	44,091
XILINX INC COM	43,654	69,467
YRC WORLDWIDE INC N/C EFF 02/08/21 1 OLD / 1 NEW CU 985510106 YELLOW CORP	129,924	155,050
ZIMMER BIOMET HLDGS INC COM	19,990	21,573
ALIBABA GROUP HLDG LTD SPONSORED ADR ISIN#US01609W1027	68,127	79,128
ANHEUSER BUSCH INBEV SA NV SPONSORED ADR ISIN#US03524A1088	25,929	33,557
ASTRAZENECA PLC SPONSORED ADR ISIN#US0463531089	26,486	24,495
BAIDU COM INC SPONS ADR REPSTG ORD SHS CL A ISIN#US0567521085	27,827	47,573
BHP GROUP LTD SPONSORED ADR ISIN#US0886061086	26,639	36,590
CEMEX S A B DE C V SPONSOR ADR NEW REP ORD PARTN CTF NEW FOR A & B SHS ISIN#	13,431	17,371
FRESENIUS MED CARE AKTIENGESELLSCHAFT SPONSORED ADR REPSTG SHS ISIN#US358029	25,187	26,183
INFOSYS LTD SPONSORED ADR REPSTG 1 EQUITY SHS ISIN#US4567881085	9,305	21,696
KONINKLIJKE PHILIPS N V ISIN#US5004723038	18,900	25,406
NATIONAL GRID PLC SPON ADR NEW 2017	32,889	33,057
NICE SYSTEMS LTD SPONS ADR	12,178	59,543
NOVARTIS AG SPONSORED ADR	23,046	28,329
NOVO NORDISK A.S. ADR FORMERLY NOVO INDUSTRIE A.S. ADR SAME CUSIP	20,303	27,940
SANOFI SPONS ADR ISIN#US80105N1054	16,040	17,978
TAIWAN SEMICONDUCTOR MFG CO SPONSORED ADR ISIN#US8740391003	31,127	68,695
TENCENT HLDGS LTD ADR ISIN#US88032Q1094	30,090	33,069
TERNIUM S A SPONS ADR ISIN#US8808901081	14,770	17,448
VALE S A ADR ISIN#US91912E1055	25,848	41,062
WEIBO CORP SPONS ADR ISIN#US9485961018	32,646	31,152
FEDERAL NATL MTG ASSN PFD SER S DIV- 8.25% FREQ QRTLY PERP MTY CALL @25 ON E	1,787	1,716
FEDERAL NATL MTG ASSN PFD SER T DIV-8.25% FREQ QRTLY PERP MATY CALL W/30 DAY	6,033	5,760
3M CO COM	89,356	106,622
AMERICAN ELECTRIC POWER CO	51,037	50,795
AT&T INC COM	142,279	117,139
CATERPILLAR INC COM	44,298	61,887
CHEMOURS CO COM	702	992
CISCO SYSTEMS INC	72,769	83,683
CONAGRA BRANDS INC COM	51,446	54,027
CORTEVA INC COM	1,868	3,291
DOW INC COM	3,648	4,718
DUKE ENERGY CORP NEW COM NEW	121,942	143,749
DUPONT DE NEMOURS INC COM	5,355	6,044
EMERSON ELEC CO COM	23,684	32,148
FIRSTENERGY CORP COM	44,789	48,058
GENERAL DYNAMICS CORP COM	76,042	86,316
GENERAL MTRS CO COM	371	1,791
GOLDMAN SACHS GROUP INC COM	83,239	92,299
INTERNATIONAL BUSINESS MACHS CORP COM	38,450	45,317
JP MORGAN CHASE & CO COM ISIN#US46625H1005	24,566	35,580
KELLOGG CO COM	85,384	82,766
KIMBERLY CLARK CORP COM	77,750	82,246
KROGER CO COM	45,898	44,782
M D C HLDGS INC FORMERLY M D C CORP COLO TO 6/20/85 COM	40,487	41,310
MARATHON PETE CORP COM	30,276	24,816
MERCK & CO INC NEW COM	96,852	103,886
PFIZER INC COM	99,132	121,105
PHILIP MORRIS INTL INC COM	111,563	113,422
PPL CORP COM	51,722	57,246
PROCTER & GAMBLE CO COM	95,388	129,400
SEAGATE TECHNOLOGY PLC C/A EFF 05/19/21 1 OLD /1 NEW CU G7997R103 SEAGATE TE	36,396	47,863
SOUTHERN CO COM	85,685	109,960
STANLEY BLACK & DECKER INC COM	26,393	45,533
TC ENERGY CORPORATION REGISTERED SHS ISIN#CA87807B1076	86,071	79,222
UNITED PARCEL SVC INC CL B	52,448	53,888
VERIZON COMMUNICATIONS INC COM	139,319	169,376
VIATRIS INC COM	5,435	7,646
WHITING PETE CORP COM PAR$	2,411	13,250
BHP GROUP PLC SPONSORED ADR ISIN#US05545E2090	81,976	99,696
RIO TINTO PLC SPONSORED ADR ISIN#US7672041008	82,836	97,786
TAIWAN SEMICONDUCTOR MFG CO SPONSORED ADR ISIN#US8740391003	92,324	186,458
TRITON INTL LTD CUM REDM PREP SER C PFD STK 7.375% QTLY DIV CLLB ON OR ANYTM	50,180	54,800
FEDERAL NATL MTG ASSN NON CUM PFD SER Q DIV 6.75% FREQ QRTLY PERP MAT CALL A	8,485	19,875
FEDERAL NATL MTG ASSN PFD SER G DIV- VAR PERP MATY FREQ QRTLY CALL @ 50.00 O	46,196	50,025

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
NORTH BY NORTHWEST INVESTORS, LLC	AT COST	520,308	520,308
ASPHALT PLUS	AT COST	96,738	96,738
OWMN LTD.	AT COST	6,547	6,547
OB TOOLS	AT COST	431,189	431,189
LAZARD LTD	AT COST	51,274	82,908
ECA MARCELLUS TRUST I (ECT)	AT COST	83,580	3,820
ENERGY TRANSFER OPERATING LP	AT COST	117,350	99,375

- TIN:

TY 2020 OtherDecreasesSchedule

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Description	Amount
NON-DEDUCTIBLE EXPENSES	266

- TIN:

TY 2020 OtherExpensesSchedule

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
MISCELLANEOUS EXPENSE	19	0	19
K-1 DEDUCTIONS	41,566	8,805	0
BANK FEES	214	214	0

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
ECA MARCELLUS	2,820	2,820	2,820
ETP OPERATING	7,032	7,032	7,032
SUBSTITUTE PAYMENTS IN LIEU	12,393	12,393	12,393
SUBSTITUTE PAYMENTS IN LIEU	1,893	0	1,893
ETP LP	2	2	2
ETP LP	1,359	0	1,359
MISCELLANEOUS	217	217	217
MISCELLANEOUS	33	0	33

- TIN:

TY 2020 OtherIncreasesSchedule

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Description	Amount
NONDIVIDEND DISTRIBUTIONS	6,931
BASIS ADJUSTMENTS	3,687

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES	91,976	79,789		0

- TIN:

TY 2020 TaxesSchedule

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL EXCISE TAX	5,000	0		0
FOREIGN TAX PAID	2,297	1,993		0