Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE TREETOPS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)BAKER TILLY ONE PENN PLAZA NO 30
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10119
A Employer identification number

13-4093466
B Telephone number (see instructions)

(212) 697-6900
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$17,976,710J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 49,185
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 290,854 290,854  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,026,553
b Gross sales price for all assets on line 6a 4,491,997
7 Capital gain net income (from Part IV, line 2)... 1,026,553
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 0 -280,100  
12 Total. Add lines 1 through 11........ 1,366,592 1,037,307  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 75,762 0   75,762
c Other professional fees (attach schedule).... Click to see attachment 192,793 72,793   120,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 15,750 5,036   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 16,049 4,815   5,511
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 300,354 82,644   201,273
25 Contributions, gifts, grants paid....... 1,761,747 1,761,747
26 Total expenses and disbursements. Add lines 24 and 25 2,062,101 82,644   1,963,020
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -695,509
b Net investment income (if negative, enter -0-) 954,663
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 515,163 576,403 576,403
3 Accounts receivable bullet10,141
Less: allowance for doubtful accounts bullet   5,180 10,141 10,141
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 9,995,025 Click to see attachment9,243,857 13,365,847
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,098,532 Click to see attachment4,115,113 4,024,319
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) 14,613,900 13,945,514 17,976,710
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment171,472 Click to see attachment198,595
23 Total liabilities (add lines 17 through 22)......... 171,472 198,595
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 14,442,428 13,746,919
29 Total net assets or fund balances (see instructions)..... 14,442,428 13,746,919
30 Total liabilities and net assets/fund balances (see instructions). 14,613,900 13,945,514
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
14,442,428
2
Enter amount from Part I, line 27a .....................
2
-695,509
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
13,746,919
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
13,746,919
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 PARKER HANNIFIN CORP P 2020-07-24 2020-12-14
b ADOBE INC. (DELAWARE) P 2019-01-09 2020-07-24
c AMAZON.COM P 2019-01-02 2020-12-14
d CORTEVA INC P 2015-04-20 2020-07-24
e COSTCO WHOLESALE CORP P 2019-04-04 2020-07-24
DANAHER CORP P 2019-04-18 2020-07-24
WALT DISNEY CO (HOLDING CO) DISNEY COM P 2019-01-04 2020-05-14
OAKMARK INTL P 2018-12-14 2020-12-14
MICROSOT CORP P 2018-12-21 2020-12-14
THERMO FISHER SCIENTIFIC P 2019-04-18 2020-07-24
THERMO FISHER SCIENTIFIC P 2019-04-18 2020-12-14
CORTEVA INC P 2016-07-11 2020-07-24
CORTEVA INC P 2016-07-20 2020-07-24
CORTEVA INC P 2016-07-22 2020-07-24
FIDELITY NEW MKT INC P 2019-04-01 2020-03-18
FIDELITY NEW MKT INC P 2019-05-01 2020-03-18
FIDELITY NEW MKT INC P 2019-06-03 2020-03-18
FIDELITY NEW MKT INC P 2019-07-01 2020-03-18
FIDELITY NEW MKT INC P 2019-08-01 2020-03-18
FIDELITY NEW MKT INC P 2019-09-03 2020-03-18
FIDELITY NEW MKT INC P 2019-10-01 2020-03-18
FIDELITY NEW MKT INC P 2019-11-01 2020-03-18
FIDELITY NEW MKT INC P 2019-12-02 2020-03-18
FIDELITY NEW MKT INC P 2019-12-27 2020-03-18
FIDELITY NEW MKT INC P 2020-01-02 2020-03-18
FIDELITY NEW MKT INC P 2020-02-03 2020-03-18
FIDELITY NEW MKT INC P 2020-03-02 2020-03-18
PIMCO SHORT TERM FD INST CL P 2019-04-01 2020-03-20
PIMCO SHORT TERM FD INST CL P 2019-05-01 2020-03-20
PIMCO SHORT TERM FD INST CL P 2019-06-03 2020-03-20
PIMCO SHORT TERM FD INST CL P 2019-07-01 2020-03-20
PIMCO SHORT TERM FD INST CL P 2019-08-01 2020-03-20
PIMCO SHORT TERM FD INST CL P 2019-09-03 2020-03-20
PIMCO SHORT TERM FD INST CL P 2019-10-01 2020-03-20
PIMCO SHORT TERM FD INST CL P 2019-11-01 2020-03-20
PIMCO SHORT TERM FD INST CL P 2019-12-02 2020-03-20
PIMCO SHORT TERM FD INST CL P 2019-12-27 2020-03-20
PIMCO SHORT TERM FD INST CL P 2020-01-02 2020-03-20
PIMCO SHORT TERM FD INST CL P 2020-02-03 2020-03-20
PIMCO SHORT TERM FD INST CL P 2020-03-02 2020-03-20
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2019-02-01 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2019-03-01 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2019-04-01 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2019-05-01 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2019-06-03 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2019-07-01 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2019-08-01 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2019-09-03 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2019-10-01 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2019-11-01 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2019-12-02 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2019-12-27 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2020-01-02 2020-01-23
SPDR S&P 500 TRUST P 2020-02-25 2020-12-10
SPDR S&P 500 TRUST P 2020-03-03 2020-12-10
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2019-09-17 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2019-10-16 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2019-11-18 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2019-12-17 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2020-01-16 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2020-02-19 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2020-03-17 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2020-04-16 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2020-05-18 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2020-06-16 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2020-07-16 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2020-08-18 2020-08-24
FIDELITY NEW MKT INC P 2018-10-03 2020-03-18
FIDELITY NEW MKT INC P 2018-10-16 2020-03-18
FIDELITY NEW MKT INC P 2018-10-17 2020-03-18
FIDELITY NEW MKT INC P 2018-11-01 2020-03-18
FIDELITY NEW MKT INC P 2018-12-03 2020-03-18
FIDELITY NEW MKT INC P 2018-12-10 2020-03-18
FIDELITY NEW MKT INC P 2018-12-28 2020-03-18
FIDELITY NEW MKT INC P 2019-01-02 2020-03-18
FIDELITY NEW MKT INC P 2019-02-01 2020-03-18
FIDELITY NEW MKT INC P 2019-03-01 2020-03-18
PIMCO SHORT TERM FD INST CL P 2018-05-02 2020-03-20
PIMCO SHORT TERM FD INST CL P 2018-05-02 2020-03-20
PIMCO SHORT TERM FD INST CL P 2018-06-01 2020-03-20
PIMCO SHORT TERM FD INST CL P 2018-07-02 2020-03-20
PIMCO SHORT TERM FD INST CL P 2018-08-01 2020-03-20
PIMCO SHORT TERM FD INST CL P 2018-09-04 2020-03-20
PIMCO SHORT TERM FD INST CL P 2018-10-01 2020-03-20
PIMCO SHORT TERM FD INST CL P 2018-11-01 2020-03-20
PIMCO SHORT TERM FD INST CL P 2018-12-03 2020-03-20
PIMCO SHORT TERM FD INST CL P 2018-12-13 2020-03-20
PIMCO SHORT TERM FD INST CL P 2018-12-13 2020-03-20
PIMCO SHORT TERM FD INST CL P 2018-12-27 2020-03-20
PIMCO SHORT TERM FD INST CL P 2019-01-02 2020-03-20
PIMCO SHORT TERM FD INST CL P 2019-02-01 2020-03-20
PIMCO SHORT TERM FD INST CL P 2019-03-01 2020-03-20
PIMCO FDS INCOME FD INSTL P 2018-05-02 2020-02-27
PIMCO FDS INCOME FD INSTL P 2018-05-02 2020-02-28
PIMCO FDS INCOME FD INSTL P 2018-05-02 2020-03-03
PIONEER SERIES TR IV MULTI ASSET INCOME FUND P 2018-05-02 2020-01-08
PIONEER SERIES TR IV MULTI ASSET INCOME FUND P 2018-05-02 2020-02-19
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2018-05-02 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2018-06-01 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2018-07-02 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2018-08-01 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2018-09-04 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2018-10-01 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2018-11-01 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2018-12-03 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2018-12-27 2020-01-23
PIONEER SER TR X MULTI-ASSET ULTRASHORT P 2019-01-02 2020-01-23
SPDR S&P 500 TRUST P 2019-01-03 2020-01-16
SPDR S&P 500 TRUST P 2019-01-07 2020-01-16
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-07-19 2020-01-16
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-07-25 2020-01-16
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-08-09 2020-01-16
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-08-10 2020-01-16
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-08-16 2020-01-16
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-08-29 2020-01-16
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-09-18 2020-01-16
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-10-16 2020-01-16
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-10-16 2020-01-16
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-10-16 2020-02-25
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-10-16 2020-02-25
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-11-16 2020-02-25
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-11-19 2020-02-25
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-11-19 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-11-27 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-12-10 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2018-12-18 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2019-01-16 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2019-02-19 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2019-03-18 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2019-04-16 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2019-05-16 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2019-06-18 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2019-07-16 2020-08-24
TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD P 2019-08-16 2020-08-24
AERIE PHARMACEUTICALS INC P 2019-07-15 2020-07-15
AERIE PHARMACEUTICALS INC P 2019-08-08 2020-07-15
ARCHER DANIELS MIDLAND, ADM P 2019-12-11 2020-03-09
ARCHER DANIELS MIDLAND, ADM P 2019-12-13 2020-03-09
ARCHER DANIELS MIDLAND, ADM P 2019-05-21 2020-03-20
ARCHER DANIELS MIDLAND, ADM P 2019-12-11 2020-03-20
ARCHER DANIELS MIDLAND, ADM P 2019-05-21 2020-04-24
BIOHAVEN PHARMACETUICAL HLDG CO LTD P 2020-01-13 2020-02-11
BIOHAVEN PHARMACETUICAL HLDG CO LTD P 2020-01-13 2020-07-29
BOEING CO COM P 2019-12-31 2020-01-21
BRUNSWICK CORP P 2020-04-09 2020-05-26
BRUNSWICK CORP P 2020-04-17 2020-05-26
BRUNSWICK CORP P 2020-04-09 2020-06-15
CAPITAL SENIOR LIVING CORP P 2019-04-29 2020-04-24
CAPITAL SENIOR LIVING CORP P 2019-04-29 2020-04-28
CAPITAL SENIOR LIVING CORP P 2019-04-30 2020-04-28
COOPER-STANDARD HOLDINGS INC P 2019-05-02 2020-03-09
COOPER-STANDARD HOLDINGS INC P 2019-11-25 2020-03-09
CORNING INC P 2019-11-22 2020-01-28
CORNING INC P 2019-11-25 2020-01-28
CORNING INC P 2019-11-25 2020-01-28
CORNING INC P 2019-11-22 2020-03-18
DEERE & CO P 2020-05-26 2020-12-29
DISH NETWORK CORPORATION P 2019-12-05 2020-09-18
DISH NETWORK CORPORATION P 2019-12-27 2020-09-18
DISH NETWORK CORPORATION P 2019-12-05 2020-09-21
DISH NETWORK CORPORATION P 2019-12-05 2020-10-15
DISH NETWORK CORPORATION P 2020-04-01 2020-10-15
DISH NETWORK CORPORATION P 2020-04-01 2020-11-18
DISH NETWORK CORPORATION P 2020-04-01 2020-12-29
GRACE (W.R.) & CO P 2020-04-07 2020-05-06
KRAFT HEINZ CO P 2020-03-30 2020-07-23
KRAFT HEINZ CO P 2020-03-30 2020-12-29
LIVE NATION ENTERTAINMENT INC P 2020-05-08 2020-05-13
OCCIDENTAL PETE CORP P 2019-08-09 2020-03-09
OCCIDENTAL PETE CORP P 2019-12-27 2020-03-09
OCCIDENTAL PETE CORP P 2019-11-25 2020-06-08
OCCIDENTAL PETE CORP P 2019-12-27 2020-06-08
OCCIDENTAL PETE CORP P 2019-11-14 2020-10-12
OCCIDENTAL PETE CORP P 2019-11-25 2020-10-12
OCCIDENTAL PETE CORP P 2020-08-03 2020-08-06
OCCIDENTAL PETE CORP P 2020-08-03 2020-11-12
PITNEY BOWES INC P 2019-12-31 2020-03-18
PRIMO WATER CORPORATION CANADA P 2020-01-22 2020-03-16
PRIMO WATER CORPORATION CANADA P 2020-01-21 2020-03-18
PRIMO WATER CORPORATION CANADA P 2020-01-22 2020-03-18
PRIMO WATER CORPORATION CANADA P 2020-01-14 2020-03-20
PRIMO WATER CORPORATION CANADA P 2020-01-21 2020-03-20
SPDR S&P500 ETF TRUST P 2020-03-25 2020-04-30
SPDR S&P500 ETF TRUST P 2020-03-25 2020-05-12
UNITED STATES TREAS NTS NOTE 2.62500% P 2019-07-31 2020-03-16
VERIZON COMMUNICATIONS INC P 2020-05-20 2020-12-29
VIACOMCBS INC CL B P 2019-12-31 2020-06-09
VIACOMCBS INC CL B P 2019-12-31 2020-08-18
VIACOMCBS INC CL B P 2020-02-20 2020-08-18
VIACOMCBS INC CL B P 2020-03-13 2020-08-18
WILLIAMS COMPANIES INC P 2019-12-05 2020-03-12
WILLIAMS COMPANIES INC P 2019-12-05 2020-03-09
WILLIAMS COMPANIES INC P 2020-01-21 2020-03-09
WILLIAMS COMPANIES INC P 2019-12-05 2020-03-19
AERIE PHARMACEUTICALS INC P 2019-05-24 2020-07-15
AERIE PHARMACEUTICALS INC P 2019-05-28 2020-07-15
DUPONT DE NEMOURS INC COM P 2019-03-21 2020-09-22
DUPONT DE NEMOURS INC COM P 2019-03-21 2020-10-02
DUPONT DE NEMOURS INC COM P 2019-04-01 2020-10-02
DUPONT DE NEMOURS INC COM P 2019-04-01 2020-11-02
MACQUARIE INFRASTRUCTURE CORP P 2019-03-04 2020-03-12
SUNRUN INC P 2018-11-14 2020-03-02
SUNRUN INC P 2018-11-14 2020-09-04
ZAYO GROUP HLDGS INC P 2018-12-26 2020-01-02
ALCOA CORP P 2018-03-22 2020-04-24
APPLE INC P 2018-03-22 2020-08-18
BARRICK GOLD CORP P 2018-03-22 2020-02-28
BAXTER INTERNATIONALINC P 2018-03-22 2020-03-18
CORNING INC P 2018-03-22 2020-03-18
DIAGEO ADR EACH REPR4 ORD P 2018-03-22 2020-12-29
KINDER MORGAN INC P 2018-03-22 2020-02-28
KINDER MORGAN INC P 2018-03-22 2020-02-28
MACQUARIE INFRASTRUCTURE CORP P 2018-03-22 2020-03-12
MICROSOFT CORP P 2018-03-22 2020-04-24
MICROSOFT CORP P 2018-03-22 2020-08-04
MICROSOFT CORP P 2018-03-22 2020-08-28
NOVAGOLD RES INC P 2018-03-22 2020-03-12
NOVAGOLD RES INC P 2018-03-22 2020-05-05
PFIZER INC, P 2018-03-22 2020-03-02
PFIZER INC, P 2018-03-22 2020-03-11
PFIZER INC, P 2018-03-22 2020-03-18
PFIZER INC, P 2018-03-22 2020-06-01
TIFFANY &CO P 2018-03-22 2020-04-24
VIACOMCBS INC CL B, P 2018-03-22 2020-06-09
VIATRIS INC P 2018-03-22 2020-11-20
VIATRIS INC P 2018-03-22 2020-11-27
XCEL ENERGY INC P 2018-03-22 2020-08-18
EXCESS GAIN ON DISTRIBUTION RIVER PARTNERS 2004-BROWN, LLC D   2020-12-31
EXCESS GAIN ON DISTRIBUTION RIVER PARTNERS 2006-AF06, LLC D   2020-12-31
EXCESS GAIN ON DISTRIBUTION RIVER PARTNERS 2007-AF07, LLC D   2020-12-31
EXCESS GAIN ON DISTRIBUTION RIVER PARTNERS 2007-HPC, LLC D   2020-12-31
EXCESS GAIN ON DISTRIBUTION RIVER PARTNERS 2007-LEE LLC D   2020-12-31
EXCESS GAIN ON DISTRIBUTION RIVER PARTNERS 2007-MSRE LLC D   2020-12-31
EXCESS GAIN ON DISTRIBUTION RIVER PARTNERS 2010-CREF LLC D   2020-12-31
EXCESS GAIN ON DISTRIBUTION RIVER PARTNERS 2007-HPC, LLC D   2020-12-31
EXCESS GAIN ON DISTRIBUTIONS - OFF ROAD D   2020-12-31
RIVER PARTNERS 2000-4, LLC D   2020-12-31
RIVER PARTNERS 2001-BBI, LLC D   2020-12-31
RIVER PARTNERS 2002-NCH, LLC D   2020-12-31
RIVER PARTNERS 2003-NEA, LP D   2020-12-31
RIVER PARTNERS 2006-AF06, LLC D   2020-12-31
RIVER PARTNERS 2007-TCG, LLC D   2020-12-31
TINICUM PARALLEL LP D   2020-12-31
RIVER PARTNERS 2000-3, LLC D   2020-12-31
RIVER PARTNERS 2000-4, LLC D   2020-12-31
RIVER PARTNERS 2001-BBI, LLC D   2020-12-31
RIVER PARTNERS 2002-NCH, LLC D   2020-12-31
RIVER PARTNERS 2003-NEA, LP D   2020-12-31
RIVER PARTNERS 2005-NCH2, LLC D   2020-12-31
RIVER PARTNERS 2006-OLIF, LLC D   2020-12-31
RIVER PARTNERS 2006-WRIF, LLC D   2020-12-31
RIVER PARTNERS 2007-AP, LLC D   2020-12-31
RIVER PARTNERS 2007-TCG, LLC D   2020-12-31
LHC LP D   2020-12-31
ACQUISITION FUND FOUR L.P. D   2020-12-31
OVERSEAS ACQUISITION FUND TWO, L.P. D   2020-12-31
TINICUM PARALLEL LP D   2020-12-31
DELOS INVESTMENT FUND, LP D   2020-12-31
STRONGHOLD LMP I LP D   2020-12-31
OFF ROAD LI1 LLC D   2020-12-31
RIVER PARTNERS 2000-4, LLC - 1231 GAIN D   2020-12-31
RIVER PARTNERS 2002-NCH, LLC - 1231 LOSS D   2020-12-31
RIVER PARTNERS 2006-LS, LLC - 1231 GAIN D   2020-12-31
RIVER PARTNERS 2007-AF07, LLC - 1231 GAIN D   2020-12-31
RIVER PARTNERS 2007-AP, LLC - 1231 GAIN D   2020-12-31
BGT INVESTOR LLC - 1231 LOSS D   2020-12-31
TINICUM PARALLEL LP - 1231 LOSS D   2020-12-31
TRILANTIC CAPITAL PARTNERS VI ( NORTH AMERICA) L.P. - 1231 GAIN D   2020-12-31
RIVER PARTNERS 2000-4, LLC - 1256 LOSS D   2020-12-31
SURBURBAN PROPANE PARTNERS, L.P. - 1231 LOSS D   2020-12-31
ENERGY TRANSFER L.P. - 1231 LOSS D   2020-12-31
ENERGY TRANSFER L.P. - 1256 GAIN D   2020-12-31
AMOUNT CLASSIFIED AS UBTI FROM PASS-THROUGH ENTITIES P    
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 75,519   50,444 25,075
b 50,121   27,255 22,866
c 178,487   86,608 91,879
d 8,773   7,907 866
e 124,054   92,895 31,159
75,094   49,643 25,451
90,767   95,047 -4,280
100,000   82,260 17,740
101,367   46,195 55,172
50,108   32,260 17,848
122,029   67,642 54,387
19,722   17,826 1,896
9,505   9,093 412
9,505   9,128 377
109   135 -26
101   122 -21
113   136 -23
101   124 -23
106   131 -25
105   126 -21
100   120 -20
103   123 -20
99   118 -19
27   32 -5
103   126 -23
100   123 -23
96   116 -20
180   188 -8
175   182 -7
187   195 -8
157   163 -6
162   169 -7
165   172 -7
139   145 -6
141   146 -5
145   151 -6
269   278 -9
143   148 -5
133   138 -5
116   121 -5
177   177 0
185   185 0
186   186 0
88   88 0
69   69 0
71   71 0
71   71 0
71   71 0
71   71 0
71   71 0
66   66 0
9   9 0
66   66 0
9,152   7,884 1,268
9,884   8,287 1,597
364   392 -28
481   514 -33
516   551 -35
1,732   1,818 -86
558   591 -33
422   449 -27
294   302 -8
181   181 0
277   280 -3
219   219 0
229   230 -1
257   257 0
8,372   9,999 -1,627
8,451   9,999 -1,548
8,451   9,999 -1,548
64   75 -11
110   125 -15
19   22 -3
4   4 0
82   94 -12
110   133 -23
98   119 -21
20,000   20,122 -122
51,389   53,956 -2,567
270   283 -13
287   301 -14
275   289 -14
332   348 -16
260   273 -13
289   304 -15
325   341 -16
80   83 -3
143   149 -6
225   234 -9
352   365 -13
161   168 -7
150   157 -7
25,000   25,125 -125
25,000   25,209 -209
25,000   25,125 -125
75,000   79,480 -4,480
50,000   53,179 -3,179
24,598   24,672 -74
274   275 -1
304   305 -1
304   305 -1
305   306 -1
306   307 -1
314   315 -1
289   289 0
136   135 1
222   221 1
36,608   24,428 12,180
36,608   25,280 11,328
4,627   4,979 -352
4,596   4,979 -383
4,577   4,979 -402
4,608   4,979 -371
100   106 -6
9,504   9,956 -452
126   131 -5
154   164 -10
1,707   1,830 -123
7,510   8,092 -582
9,202   9,915 -713
258   278 -20
8,031   8,601 -570
14,064   15,884 -1,820
21,483   24,327 -2,844
21,649   24,322 -2,673
633   713 -80
663   755 -92
549   632 -83
587   670 -83
572   654 -82
586   656 -70
518   581 -63
511   581 -70
508   549 -41
7,784   14,895 -7,111
1,423   2,356 -933
4,498   5,530 -1,032
22,130   27,692 -5,562
53,533   64,771 -11,238
16,428   21,900 -5,472
3,644   4,096 -452
12,084   14,167 -2,083
16,699   14,006 2,693
52,340   55,101 -2,761
2,481   1,641 840
17,703   11,908 5,795
26,870   18,047 8,823
1,447   7,097 -5,650
845   5,305 -4,460
2,057   12,404 -10,347
3,064   12,213 -9,149
3,188   6,772 -3,584
9,395   9,565 -170
9,390   9,757 -367
3,781   3,926 -145
2,891   4,021 -1,130
70,870   39,219 31,651
8,006   8,493 -487
24,681   28,199 -3,518
7,444   8,325 -881
16,796   21,116 -4,320
7,503   5,297 2,206
15,200   8,577 6,623
14,385   8,596 5,789
25,630   21,652 3,978
31,137   22,632 8,505
31,662   22,632 9,030
17,026   18,467 -1,441
9,049   24,359 -15,310
24,068   56,462 -32,394
14,896   25,272 -10,376
141   242 -101
7,373   26,789 -19,416
6,227   23,397 -17,170
1   1 0
493   792 -299
4,292   5,847 -1,555
38,593   50,979 -12,386
26,356   55,149 -28,793
2,503   5,237 -2,734
10,487   16,997 -6,510
615   1,059 -444
16,881   14,343 2,538
87,303   74,190 13,113
453,340   451,017 2,323
20,098   18,639 1,459
13,659   21,003 -7,344
11,366   17,656 -6,290
20,200   22,486 -2,286
18,449   11,314 7,135
8,575   12,942 -4,367
152   218 -66
18,148   27,719 -9,571
5,197   12,942 -7,745
3,650   10,855 -7,205
4,133   12,028 -7,895
47,141   90,842 -43,701
5,497   9,172 -3,675
10,507   16,342 -5,835
19,245   28,171 -8,926
16,340   23,889 -7,549
11,467   7,529 3,938
7,512   1,879 5,633
63,895   39,673 24,222
11,576   61,074 -49,498
99,613   14,810 84,803
33,970   24,285 9,685
10,451   3,737 6,714
13,628   6,547 7,081
37,846   8,555 29,291
100,465   118,420 -17,955
11,809   13,919 -2,110
5,492   8,229 -2,737
87,348   15,521 71,827
64,182   9,220 54,962
38,840   5,225 33,615
3,351   2,076 1,275
11,382   3,737 7,645
10,020   4,833 5,187
12,422   6,516 5,906
4,345   2,300 2,045
24,454   11,532 12,922
212,044   107,646 104,398
11,591   20,174 -8,583
2   2 0
2,929   2,628 301
36,648   11,680 24,968
9,440     9,440
13,761     13,761
905     905
2,465     2,465
6,807     6,807
31,009     31,009
11,136     11,136
2,485     2,485
252     252
131     131
1,630     1,630
    51 -51
125     125
2     2
460     460
2,440     2,440
50     50
1,646     1,646
8,810     8,810
152     152
855     855
124     124
748     748
53     53
61,172     61,172
3,460     3,460
9,009     9,009
    12 -12
    20 -20
249,416     249,416
33,264     33,264
    1,277 -1,277
71,328     71,328
1     1
    25 -25
2,386     2,386
160     160
1,604     1,604
    69 -69
    20,139 -20,139
3     3
    47 -47
    29 -29
    5 -5
43     43
      0
6,310     6,310
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       25,075
b       22,866
c       91,879
d       866
e       31,159
      25,451
      -4,280
      17,740
      55,172
      17,848
      54,387
      1,896
      412
      377
      -26
      -21
      -23
      -23
      -25
      -21
      -20
      -20
      -19
      -5
      -23
      -23
      -20
      -8
      -7
      -8
      -6
      -7
      -7
      -6
      -5
      -6
      -9
      -5
      -5
      -5
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      1,268
      1,597
      -28
      -33
      -35
      -86
      -33
      -27
      -8
      0
      -3
      0
      -1
      0
      -1,627
      -1,548
      -1,548
      -11
      -15
      -3
      0
      -12
      -23
      -21
      -122
      -2,567
      -13
      -14
      -14
      -16
      -13
      -15
      -16
      -3
      -6
      -9
      -13
      -7
      -7
      -125
      -209
      -125
      -4,480
      -3,179
      -74
      -1
      -1
      -1
      -1
      -1
      -1
      0
      1
      1
      12,180
      11,328
      -352
      -383
      -402
      -371
      -6
      -452
      -5
      -10
      -123
      -582
      -713
      -20
      -570
      -1,820
      -2,844
      -2,673
      -80
      -92
      -83
      -83
      -82
      -70
      -63
      -70
      -41
      -7,111
      -933
      -1,032
      -5,562
      -11,238
      -5,472
      -452
      -2,083
      2,693
      -2,761
      840
      5,795
      8,823
      -5,650
      -4,460
      -10,347
      -9,149
      -3,584
      -170
      -367
      -145
      -1,130
      31,651
      -487
      -3,518
      -881
      -4,320
      2,206
      6,623
      5,789
      3,978
      8,505
      9,030
      -1,441
      -15,310
      -32,394
      -10,376
      -101
      -19,416
      -17,170
      0
      -299
      -1,555
      -12,386
      -28,793
      -2,734
      -6,510
      -444
      2,538
      13,113
      2,323
      1,459
      -7,344
      -6,290
      -2,286
      7,135
      -4,367
      -66
      -9,571
      -7,745
      -7,205
      -7,895
      -43,701
      -3,675
      -5,835
      -8,926
      -7,549
      3,938
      5,633
      24,222
      -49,498
      84,803
      9,685
      6,714
      7,081
      29,291
      -17,955
      -2,110
      -2,737
      71,827
      54,962
      33,615
      1,275
      7,645
      5,187
      5,906
      2,045
      12,922
      104,398
      -8,583
      0
      301
      24,968
      9,440
      13,761
      905
      2,465
      6,807
      31,009
      11,136
      2,485
      252
      131
      1,630
      -51
      125
      2
      460
      2,440
      50
      1,646
      8,810
      152
      855
      124
      748
      53
      61,172
      3,460
      9,009
      -12
      -20
      249,416
      33,264
      -1,277
      71,328
      1
      -25
      2,386
      160
      1,604
      -69
      -20,139
      3
      -47
      -29
      -5
      43
      0
      6,310
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,026,553
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 13,270
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 13,270
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 13,270
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 14,139
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 34,139
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 13
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 20,856
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet20,856 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletBAKER TILLY US LLP Telephone no.bullet (212) 697-6900

    Located atbulletONE PENN PLAZA - SUITE 3000NEW YORKNY ZIP+4bullet10119
    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
    Yes
     
    .........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). Click to see attachment
    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
    MATTHEW BRONFMAN TRUSTEE
    0.00     		0 0 0
    C/O BT US LLP 1 PENN PLAZA - STE
    3000
    NEW YORK,NY10119
    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
    ALMOG GEVA CONSULTING 120,000
    487 CUMBERLAND AVENUE
    TEANECK,NJ07666
    BAKER TILLY US ACCOUNTING 75,012
    BAKER TILLY ONE PENN PLAZA STE 3000
    NEW YORK,NY10119
    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
    12,155,690
    b
    Average of monthly cash balances.......................
    1b
    871,675
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,754,735
    d
    Total (add lines 1a, b, and c).........................
    1d
    17,782,100
    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
    17,782,100
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    266,732
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    17,515,368
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    875,768
    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
    875,768
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    13,270
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    43,992
    c
    Add lines 2a and 2b............................
    2c
    57,262
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    818,506
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    818,506
    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
    818,506
    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
    1,963,020
    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
    1,963,020
    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
    1,963,020
    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 7 818,506
    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...... 18,269
    c From 2017...... 469,704
    d From 2018...... 580,104
    e From 2019...... 61,736
    fTotal of lines 3a through e........ 1,129,813
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,963,020
    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..... 818,506
    e Remaining amount distributed out of corpus 1,144,514
    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 2,274,327
    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 ......     		2,274,327
    10 Analysis of line 9:
    a Excess from 2016.... 18,269
    b Excess from 2017.... 469,704
    c Excess from 2018.... 580,104
    d Excess from 2019.... 61,736
    e Excess from 2020.... 1,144,514
    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).)
    MATTHEW BRONFMAN
    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
    5TH AVENUE SYNAGOGUE
    5 E 62ND ST
    NEW YORK,NY10065     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 7,000
    AMERICAN FRIENDS OF SHEBA
    205 W 86TH ST APT 511A
    NEW YORK,NY10024     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 50,000
    AMERICAN FRIENDS OF THE ISRAEL MUSEUM
    500 FIFTH AVENUE SUITE 2540
    NEW YORK,NY10110     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 50,000
    AMERICAN FRIENDS OF THE OPEN UNIVERSITY OF ISRAEL
    120 EAST 56 STREET SUITE 900
    NEW YORK,NY10022     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 26,800
    AMERICAN FRIENDS OF THE PHILHARMONIC ORCHESTRA
    122 EAST 42ND STREET SUITE 4507
    NEW YORK,NY10168     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 336,920
    CHILD MIND INSTITUTE
    101 EAST 56TH STREET
    NEW YORK,NY10022     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 2,500
    FRIENDS NYC NURSE-FAMILY-PTNRSHP
    1035 5TH AVE 10B
    NEW YORK,NY10028     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 360
    FRIENDS OF ISRAEL INIATIVE INC
    2950 SW 27TH AVE STE 300
    MIAMI,FL33133     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 72,000
    FROM PASSTHROUGH ENTITIES
    C/O BAKER TILLY ONE PENN PLAZA -
    SUITE 3000
    NEW YORK,NY10119     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 59
    GEORGETOWN UNIVERSITY
    37TH AND O STS NW
    WASHINGTON,DC20007     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 2,500
    GIVE BACK FOUNDATION
    2302 INTERNATIONAL LANE
    MADISON,WI53704     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 280
    HEBREW PUBLIC
    729 7TH AVE 9TH FLOOR
    NEW YORK,NY10019     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 2,500
    JEWISH NATIONAL FUND
    42 E 69TH STREET
    NEW YORK,NY10021     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 730
    JGIVE - FRIENDS OF ASOR
    24 HEBRON RD JVP MEDIA QUARTER
    JERUSALEM   9354212
    IS     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 6,500
    KIDS RESEARCH FOUNDATION
    1 NORTH LEXINGTON AVENUE 7TH FLOOR
    WHITE PLAINS,NY10601     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 50
    METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVENUE
    NEW YORK,NY10028     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 600
    MONTEFIORE
    111 EAST 210TH STREET
    BRONX,NY10467     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 50
    NEW YORK LANDMARKS CONSERVANCY
    1 WHITEHALL ST
    NEW YORK,NY10004     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 1,000
    NY PRESBYTERIAN
    622 W 168TH ST
    NEW YORK,NY10032     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 50
    NY RESTORATION PROJECT
    254 WEST 31ST STREET 10TH FLOOR
    NEW YORK,NY10001     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 500
    NYU
    25 WEST 4TH STREET 4TH FLOOR
    NEW YORK,NY10012     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 28,000
    NYU-BRONFMAN CENTER ENDOWMENT FUND
    PO BOX 6706
    HAGERSTOWN,MD21741     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 200,000
    OHR TORAH STONE
    49 WEST 45TH STREET 701
    NEW YORK,NY10036     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 25,000
    PARK AVENUE SYNAGOGUE
    50 EAST 87TH STREET
    NEW YORK,NY10128     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 101,748
    PAYPAL GIVING FUND
    1250 I STREET NW SUITE 120
    WASHINGTON,DC20005     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 1,100
    PROJECT INSPIRE INC
    915 CLIFTON AVE STE 7
    CLIFTON,NJ07013     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 18,000
    THE ALLEN STEVENSON SCHOOL
    132 EAST 78TH STREET
    NEW YORK,NY10075     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 1,800
    THE EAGLEBROOK SCHOOL
    271 PINE NOOK RD
    DEERFIELD,MA01342     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 16,300
    THE PRESERVATION SOCIETY
    174 EAST 80TH STREET
    NEW YORK,NY10075     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 500
    VENETIAN HERITAGE INC
    232 E 59TH ST
    NEW YORK,NY10022     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 7,700
    WHITNEY MUSEUM OF AMERICAN ART
    99 GANSEVOORT ST
    NEW YORK,NY10014     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 1,200
    YOUNG MEN'S & YOUNG WOMEN'S HEBREW ASSOC
    54 NAGLE AVENUE
    NEW YORK,NY10040     		NONE 501(C)(3) TAX EXEMPT GENERAL CHARITABLE SUPPORT - NO DESIGNATION 800,000
    Total .................................bullet 3a 1,761,747
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 290,854  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14    
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,026,553  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,317,407 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,317,407
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


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

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

    13-4093466
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THE TREETOPS FOUNDATION
          		Employer identification number
    13-4093466
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    ANN L BRONFMAN CHARITABLE TRUST
     
    C/O BAKER TILLY ONE PENN PLAZA - SU
     
    NEW YORK, NY10119

    		$ 45,195


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    THE TREETOPS FOUNDATION
          		Employer identification number

    13-4093466
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THE TREETOPS FOUNDATION
          		Employer identification number

    13-4093466
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    THE TREETOPS FOUNDATION
    EIN:
    13-4093466
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 75,762 0   75,762

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    THE TREETOPS FOUNDATION
    EIN:
    13-4093466
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    JGIVE - FRIENDS OF ASOR
          		24 HEBRON RD JVP MEDIA QUARTER
    JERUSALEM   9354212
    IS     		2020-09-30 6,500 GENERAL CHARITABLE SUPPORT - NO DESIGNATION 6,500 NO 09/30/20 2020-09-30 TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED ON THE REPORT FURNISHED BY THE GRANTEE, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE TREETOPS FOUNDATION
    EIN:
    13-4093466
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SIMPLY GOOD FOODS CO 0 19,820
    SELECT SECTOR SPDR F ETF 9,056 16,078
    ENERGY SELECT SECTOR SPDR 11,257 7,580
    SPDR S&P BIOTECH ETF 14,117 28,156
    BARON SELECT FUNDS EM FD 15,000 19,162
    LIVE NATION ENTERTAINMENT INC 18,507 33,874
    EXCHANGE TRADED CONCEPTS TR EMQQ 22,271 41,327
    JANUS HENDERSON GLOBAL TECHNOLOGY FUND 22,529 30,828
    LAZARD FDS INC 35,333 38,699
    ABBVIE INC 36,191 46,825
    BERKSHIRE HATHAWAY INC 41,723 54,489
    THORNBURG INVT TR INVT INCOME BUILDER FD CL I 44,661 42,218
    ISHARES MSCI CHINA 59,409 72,873
    HESS CORP 72,872 90,060
    SECTOR SPDR TR 76,112 113,768
    BRUNSWICK CORP 91,520 209,126
    PRIMO WATER CORP (FKA COTT CORP) 130,776 142,406
    GRACE (WR) & CO 133,452 140,613
    HP PONIT72 LTD 1,000,000 1,095,511
    IGENE BIOTECHNOLOGY 1,358 348
    CATERPILLAR INC 24,385 60,613
    NESTLE SA 4,533 30,315
    ANTERO MIDSTREAM CORP 13,299 10,046
    SUNRUN INC 5,637 31,429
    NOVAGOLD RES INC 14,949 37,597
    FACEBOOK INC - CLASS A 23,738 47,803
    ALPHABET INC CAP STK CL C 23,784 122,632
    ALPHABET INC CAP STK CL A 23,861 122,685
    COHEN & STEERS FUNDS LOW DURATION PRF 36,794 36,842
    COHEN & STEERS PFD SECS & INCOME FUND 63,983 72,138
    MARSH & MCLENNAN 31,410 119,340
    ALGER GROWTH SM CAP FOCUS FD - AGOZX 43,381 67,531
    MARKEL CORP 43,352 103,330
    BLACKSTONE GROUP 43,078 97,215
    TANGER FACTORY OUTLET CENTERS INC 44,907 19,920
    PFIZER INC 20,485 51,055
    WP CAREY 48,887 56,464
    STARWOOD PROPERTY TRUST INC 49,378 48,250
    JPMORGAN TR I HEDGED EQUITY FD - JHEQX 50,887 59,551
    BLACKROCK HEALTH SCIENCES OPP 65,376 79,007
    NESTLE A SPONSORED ADR 53,731 117,948
    AMAZON.COM 54,422 100,965
    INVESCO QQQ TR 60,404 117,653
    VORNADO RLTY TRUST 58,880 36,593
    INVESCO EMERGING MKTS LOCAL DEBT FD 61,626 68,532
    JOHNSON & JOHNSON 63,100 157,380
    MONDELEZ INT'L INC 63,605 74,666
    SCHLUMBERGER LTD 67,274 37,962
    SERVICE PROPERTIES TR 67,596 36,768
    MERCK & CO. INC. 70,100 163,600
    ROYAL DUTCH SHELL 71,046 36,862
    PHILLIP MORRIS INTL 72,579 91,069
    APPLE INC 61,273 463,884
    MICROSOFT CORP 47,024 340,303
    O REILLY AUTOMOTIVE INC 77,032 87,346
    ISHARES CORE MSCI EAFE - IEFA 79,987 94,861
    LAUDER ESTEE COS 80,145 126,174
    BARRICK GOLD CORP 56,447 97,954
    DOW INC. 85,835 92,463
    KINDER MORGAN INC 88,331 30,429
    HONEYWELL INTL INC 93,370 151,655
    DANAHER CORP 50,279 87,745
    MEDTRONIC 100,061 131,197
    JOHNSON & JOHNSON 105,767 449,192
    ISHARES INC CORE MSCI 110,918 142,692
    THORNBURG INT'L GROWTH FUND 122,919 170,029
    JP MORGAN CHASE & CO 125,535 264,398
    DOWDUPONT 125,964 118,469
    EATON VANCE GLOBAL MACRO ABSOLUTE - EIGMX 133,100 132,000
    UNITEDHEALTH GROUP INC 129,817 183,055
    BANK OF NEW YORK MELLON CORP 134,069 256,762
    ADOBE INC 111,366 237,057
    ISHARES RUSSELL 2000 ETF - IWM 145,474 206,843
    MICROSOFT CORP 100,154 226,646
    ISHARES EDGE MSCI 157,194 193,458
    GENERAL MOTORS 177,493 208,242
    PIMCO FUNDS INCOME FD - PIMIX 92,889 94,865
    VISA INC 164,884 264,663
    INTEL CORP 169,893 184,633
    JP MORGAN 177,356 381,210
    AERIE PHARMACEUTICALS INC 141,717 97,299
    DUPONT DE NEMOURS INC 72,335 95,501
    ALPHABET INC CL A 189,184 315,475
    INTL BUSINESS MACH 191,473 174,973
    ISHARES CORE MSCI EMERGING - IEMG 240,017 313,612
    PIONEER SERIES TR IV - PMFYX 235,573 224,224
    OAKMARK INTL FUND 327,951 402,143
    CITIGROUP INC 703,565 910,718
    SPDR S&P REGIONAL BNKG ETF 9,262 10,390
    TRULIEVE CANNABIS CORP 20,134 28,904
    INTERNATIONAL FLAVORS & FRAGRANCES 36,432 34,938
    VOLKSWAGEN AG PFD 38,816 45,890
    CONCORD ACQUISITION CORP 45,509 46,343
    COMCAST CORP 47,475 57,954
    MERCK & CO INC, 47,868 48,344
    ROCKWELL AUTOMATION INC. 49,920 55,178
    INTERCONTINENTALEXCHANGE GROUP 50,074 59,951
    FACEBOOK INC 74,058 87,411
    AMERICAN TOWER CORP 74,895 65,093
    CITIGROUP INC. 114,255 143,175
    AES CORP 152,157 172,584

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE TREETOPS FOUNDATION
    EIN:
    13-4093466
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    RIVER PARTNERS 2005 -- SAK LLC AT COST 0 52
    DELOS INVESTMENT FUND LP AT COST 189,806 97,931
    ACQUISITION FUND FOUR LP AT COST 0 1,140
    RIVER PARTNERS 2002 -- EDGE LLC AT COST 89 1,495
    L & R EXPLORATION VENTURE AT COST 1,250 1,250
    OVERSEAS ACQUISITION FUND TWO LP AT COST 3,201 431
    SURBURBAN PROPANE PARTNERS, L.P. AT COST 4,269 22,290
    STRONGHOLD LMP I LP AT COST 1,346 1,349
    LHC LIMITED PARTNERSHIP AT COST 3,295 1,641
    LAT ASSOCIATES, LLC AT COST 10,108 0
    L ONE CANAL PLACE, LLC AT COST 12,712 8,814
    LAA ASSOCIATES, LLC AT COST 15,779 0
    RIVER PARTNERS 2005 -- NCH2 LLC AT COST 15,268 24,031
    PRINCETON LR LLC AND PRINCETON LR II, LLC AT COST 14,723 2,861
    RIVER PARTNERS 2002 -- NCH LLC AT COST 18,471 16,876
    RIVER PARTNERS 2004 -- CVL LLC AT COST 18,102 19,876
    RIVER PARTNERS 2006 -- WRIF LLC AT COST 27,982 42,727
    RIVER PARTNERS 2007 -- AP LLC AT COST 27,828 42,404
    RIVER PARTNERE 2006 -- OLIF LLC AT COST 35,602 47,916
    RIVER PARTNERS 2006 -- LS LLC AT COST 40,348 61,481
    RIVER PARTNERS 2003 -- NEA LLC AT COST 39,580 58,146
    LOEB HOLDING CORP A AT COST 54,893 54,893
    RIVER PARTNERS 2004 -- BRN LLC AT COST 0 5,103
    BHB GE LLC AT COST 68,445 68,445
    RIVER PARTNERS 2001 -- BBI LLC AT COST 96,817 177,070
    TRILANTIC CAPITAL PARTNERS VI (NORTH AMERICA) LP AT COST 83,742 78,697
    RIVER PARTNERS 2007 -- TCG LLC AT COST 35,320 44,833
    RIVER PARTNERS 2000-4 LLC AT COST 4,544 30,323
    RIVER PARTNERS 2012-CBX LLC AT COST 222,735 222,735
    CHARLES LANE HOLDINGS LLC AT COST 188,949 188,949
    LOEB HOLDING CORP B AT COST 384,250 384,250
    BROOKDALE GLOBAL OPPORTUNITY FUND AT COST 500,000 694,060
    TINICUM PARALLEL LP AT COST 1,035,690 1,041,398
    MUSE CAPITAL LP AT COST 226,670 210,009
    BLACK RIFLE COFFEE CO (BRCC) (AUTHENTIC BRANDS) AT COST 355,521 360,265
    BROADSCALE PT INVESTORS LP AT COST 377,778 10,578

    TY 2020 OtherExpensesSchedule
    Name:
    THE TREETOPS FOUNDATION
    EIN:
    13-4093466
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 426 0   426
    FROM K-1 ACTIVITIES - NON-DEDUCTIBLE EXP 436 0   0
    MEALS 514 0   514
    OFFICE EXPENSE 961 0   961
    TRAVEL 3,610 0   3,610
    INVESTMENT INCOME/LOSS FROM PUBLICLY TRADED ENTITIES 4,815 4,815   0
    INVESTMENT INCOME/LOSS FROM PASS-THROUGH ENTITIES 5,287 0   0


    TY 2020 OtherIncomeSchedule2
    Name:
    THE TREETOPS FOUNDATION
    EIN:
    13-4093466
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    AMOUNT CLASSIFIED AS UBTI FROM PUBLICLY TRADED ENTITIES   -5,283  
    AMOUNT CLASSIFIED AS UBTI FROM PASS-THROUGH ENTITIES   -274,817  


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE TREETOPS FOUNDATION
    EIN:
    13-4093466
    Description Beginning of Year - Book Value End of Year - Book Value
    PRESIDENTIAL ESTATES ASSOCIATES 86,095 88,664
    LA STOUGHTON, LLC 36,474 40,117
    PARK HILL LANE ASSOCIATES LP 36,510 37,124
    BGT INVESTORS LLC 9,876 21,032
    RIVER PARTNERS 2006 -- AF06 LLC 0 6,575
    RIVER PARTNERS 2007 -- AF07 LLC 0 2,795
    ENERGY TRANSFER LP 0 1,578
    RIVER PARTNERS 2000-3 (HIGHFIELDS) LLC 531 471
    RIVER PARTNERS 2007 -- HPC LLC 0 174
    RIVER PARTNERS 2007-RCG LLC 32 43
    RIVER PARTNERS 2004 -- CCH LLC 0 22
    RIVER PARTNERS 2007 -- MSRE LLC 1,954 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE TREETOPS FOUNDATION
    EIN:
    13-4093466
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 72,793 72,793   0
    CONSULTING FEES 120,000 0   120,000


    TY 2020 TaxesSchedule
    Name:
    THE TREETOPS FOUNDATION
    EIN:
    13-4093466
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DAVENPORT & CO LLC - 1415 - FOREIGN TAXES 301 301   0
    FIDELITY- FOREIGN TAXES 2,030 2,030   0
    FROM PASS-THROUGH K-1S & PTPS - FOREIGN TAXES 528 528   0
    WELLS FARGO- FOREIGN TAXES 1,078 1,078   0
    FEDERAL TAX 10,714 0   0
    UBS - FOREIGN TAXES 1,099 1,099   0