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
AUSHERMAN FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)7420 HAYWARD ROAD NO 203
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FREDERICK, MD21702
A Employer identification number

20-4937263
B Telephone number (see instructions)

(301) 620-4477
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$18,738,717J 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) 300,001
2 Check bullet.............
3 Interest on savings and temporary cash investments 24 24  
4 Dividends and interest from securities... 187,360 187,360  
5a Gross rents............ 34,023 34,023  
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,011,113
b Gross sales price for all assets on line 6a 6,832,309
7 Capital gain net income (from Part IV, line 2)... 1,011,113
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 650,069 667,916  
12 Total. Add lines 1 through 11........ 2,182,590 1,900,436  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 150,577 0   150,577
14 Other employee salaries and wages...... 156,115 0   156,115
15 Pension plans, employee benefits....... 15,004 0   15,004
16a Legal fees (attach schedule)......... Click to see attachment 423 0   5,946
b Accounting fees (attach schedule)....... Click to see attachment 1,400 0   1,400
c Other professional fees (attach schedule).... Click to see attachment 105,458 58,738   46,720
17 Interest............... 7,294 7,294   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 45,523 18,500   32,879
19 Depreciation (attach schedule) and depletion... Click to see attachment 171,628 171,628  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 239,626 -163,840   255,586
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 893,048 92,320   664,227
25 Contributions, gifts, grants paid....... 2,117,746 769,711
26 Total expenses and disbursements. Add lines 24 and 25 3,010,794 92,320   1,433,938
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -828,204
b Net investment income (if negative, enter -0-) 1,808,116
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............. 36,468 574,019 574,019
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet10,236
Less: allowance for doubtful accounts bullet   2,758 10,236 10,236
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.......... 41,580 30,197 30,197
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 13,058,313 Click to see attachment11,221,111 11,221,111
14 Land, buildings, and equipment: basis bullet8,502,184
Less: accumulated depreciation (attach schedule) bullet372,040 7,072,582 Click to see attachment8,130,144 6,900,954
15 Other assets (describe bullet) Click to see attachment1,394 Click to see attachment2,200 Click to see attachment2,200
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,213,095 19,967,907 18,738,717
Liabilities 17 Accounts payable and accrued expenses.......... 692,651 1,874,126
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 173,355 173,355
22 Other liabilities (describe bullet) Click to see attachment5,000 Click to see attachment77,282
23 Total liabilities (add lines 17 through 22)......... 871,006 2,124,763
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 19,342,089 17,843,144
29 Total net assets or fund balances (see instructions)..... 19,342,089 17,843,144
30 Total liabilities and net assets/fund balances (see instructions). 20,213,095 19,967,907
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
19,342,089
2
Enter amount from Part I, line 27a .....................
2
-828,204
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,513,885
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
670,741
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
17,843,144
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES - MORGAN STANLEY #0826      
b PUBLICLY TRADED SECURITIES - MORGAN STANLEY #0831      
c PUBLICLY TRADED SECURITIES - MORGAN STANLEY #2415      
d PUBLICLY TRADED SECURITIES - MORGAN STANLEY #2417      
e PUBLICLY TRADED SECURITIES - MORGAN STANLEY #2418      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY #3272      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY #3778      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY #6746      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY #9860      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY #9525      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY #9883      
FROM K-1 - PATRIOT CAPITAL II P    
FROM K-1 - ARTHUR STREET P    
FROM K-1 - ARTHUR STREET P    
FROM K-1 - PATRIOT CAPITAL III P    
FROM K-1 - PENN SQUARE 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 44,096   48,856 -4,760
b 115,823   122,463 -6,640
c 130,142   139,573 -9,431
d 207,565   175,919 31,646
e 76,944   82,029 -5,085
535,430   126,176 409,254
570,000   570,000 0
530,921   599,951 -69,030
2,742,742   2,219,820 522,922
1,684,021   1,641,648 42,373
122,325   84,739 37,586
354     354
    178 -178
370     370
    4,037 -4,037
    5,807 -5,807
71,576     71,576
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       -4,760
b       -6,640
c       -9,431
d       31,646
e       -5,085
      409,254
      0
      -69,030
      522,922
      42,373
      37,586
      354
      -178
      370
      -4,037
      -5,807
      71,576
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 1,011,113
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 25,133
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 25,133
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 25,133
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 8,720
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 17,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 26,220
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,087
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,087 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)
    bulletMD
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.AUSHERMANFAMILYFOUNDATION.ORG
    14
    The books are in care ofbulletLAURA LEBO Telephone no.bullet (301) 620-4477

    Located atbullet7420 HAYWARD ROAD SUITE 203FREDERICKMD ZIP+4bullet21702
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MARVIN E AUSHERMAN TRUSTEE/CHAIRMAN/FOUNDER
    3.00     		0 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    JUSTIN E AUSHERMAN TRUSTEE/VICE CHAIR/SECRETARY
    3.00     		0 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    JOSEPH S WELTY TRUSTEE
    3.00     		0 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    RENEE AUSHERMAN TRUSTEE/TREASURER
    3.00     		0 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    LEIGH ADAMS EXECUTIVE DIRECTOR
    40.00     		150,577 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    DR DENISE ROLLINS TRUSTEE
    3.00     		0 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    TAMMIE WORKMAN TRUSTEE
    3.00     		0 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    JOSHUA PEDERSON TRUSTEE
    3.00     		0 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    JEREMY HOLDER TRUSTEE
    3.00     		0 0 0
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    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
    LEIGH K ADAMS EXECUTIVE DIRECTOR
    40.00     		150,577 0 0
    9005 MOUNTAINBERRY CIRCLE
    FREDERICK,MD21702
    PETER COUCHMAN DIRECTOR OF COMMUNIT
    40.00     		78,573 0 0
    375 JACKSONVILLE RD APT 1-203
    WARMINSTER,PA18974
    LORI PERKINS GRANTS MANAGER
    40.00     		68,691 0 0
    2603 BEAR DEN RD
    FREDERICK,MD21701
    JENNIFER SPECHT COMMUNITY RELATIONS
    40.00     		56,872 0 0
    4892 HITESHOW DR
    FREDERICK,MD21703
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 MAINTENANCE AND OPERATING EXPENSES FOR BUILDINGS FOR CHARITABLE USE 75,886
    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 0
    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
    10,683,817
    b
    Average of monthly cash balances.......................
    1b
    58,701
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,742,518
    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
    10,742,518
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    161,138
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    10,581,380
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    529,069
    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
    529,069
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    25,133
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    25,133
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    503,936
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    503,936
    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
    503,936
    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
    1,433,938
    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
    1,433,938
    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
    1,433,938
    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 7 503,936
    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...... 58,548
    b From 2016...... 990,231
    c From 2017...... 1,458,643
    d From 2018...... 865,236
    e From 2019...... 8,294,358
    fTotal of lines 3a through e........ 11,667,016
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,433,938
    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..... 503,936
    e Remaining amount distributed out of corpus 930,002
    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 12,597,018
    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) ...     		58,548
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		12,538,470
    10 Analysis of line 9:
    a Excess from 2016.... 990,231
    b Excess from 2017.... 1,458,643
    c Excess from 2018.... 865,236
    d Excess from 2019.... 8,294,358
    e Excess from 2020.... 930,002
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LORI PERKINS GRANTS COORDINATOR AUS
    7420 HAYWARD ROAD SUITE 203
    FREDERICK,MD21702
    (301) 620-4443
    bThe form in which applications should be submitted and information and materials they should include:
    VISIT WWW.AUSHERMANFAMILYFOUNDATION.ORG, CHOOSE "GRANT APPLICATION", AND FOLLOW INSTRUCTIONS PROVIDED.
    cAny submission deadlines:
    SUBMISSIONS WILL BE REVIEWED BY THE PHILANTHROPIC COMMITTEE THAT MEETS SIX TIMES EACH YEAR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GLOBAL FUNDS ARE AVAILABLE, BUT LIMITED. 90% OF THE FUNDS AVAILABLE MUST BENEFIT FREDERICK COUNTY, MD.
    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
    ADVOCATES FOR THE HOMELESS
    216 ABRECHT PLACE
    FREDERICK,MD217014918     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 10,000
    ALZHEIMER'S ASSOCIATION
    1850 YORK ROAD STE D
    TIMONIUM,MD21093     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,600
    BLESSINGS IN A BACKPACK
    PO BOX 3508
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 5,000
    BOYS AND GIRLS CLUB OF FREDERICK COUNTY
    413 BURCK STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,500
    CERE COMMUNITY PROJECT
    7351 BODEGA AVENUE
    SEBASTOPOL,CA95472     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 512
    CHILDREN OF INCARCERATED PARENTS
    PO BOX 791
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,900
    CHURCH OF THE REDEEMER
    5606 BUCKEYSTOWN PIKE
    FREDERICK,MD21704     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,200
    COMMUNITY FOUNDATION OF FREDERICK
    312 E CHURCH ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 6,500
    COMMUNITY LIVING
    620-B RESEARCH COURT
    FREDERICK,MD21703     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 2,500
    DAYBREAK ADULT DAY SERVICES
    7819 ROCKY SPRINGS RD
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 250
    DOWNTOWN FREDERICK PARTNERSHIP
    19 E CHURCH ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 13,700
    EXPONENT PHILANTHROPY
    PO BOX 65607
    WASHINGTON,DC200355607     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 2,000
    FRIENDS
    PO BOX 641
    MIDDLETOWN,MD21769     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,000
    FARMERS & HUNTERS FEEDING
    PO BOX 323
    WILLIAMSPORT,MD21795     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    FEBRUARY STAR SANCTUARY
    3910 AUSHERMAN RD
    KNOXVILLE,MD21758     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 50
    FREDERICK ARTS COUNCIL
    11 WEST PATRICK ST STE 201
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 84,000
    FREDERICK COMMUNITY COLLEGE
    7932 OPPOSUMTOWN PIKE
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 10,000
    FREDERICK COUNTY SENIOR
    1440 TANEY AVE
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 10,000
    FREDERICK HEALTH HOSPICE
    PO BOX 1799
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 650
    FREDERICK UNION RESCUE MISSION
    PO BOX 3389
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 10,250
    FROSTBURG STATE UNIVERSITY
    101 BRADDOCK ROAD
    FROSTBURG,MD21532     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 700
    HABITAT FOR HUMANITY
    2 EAST CHURCH STREET 3RD FLOOR
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 3,000
    HEARTLY HOUSE
    PO BOX 857
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 45,788
    HIPPODROME FOUNDATION INC
    416 WEST BALTIMORE
    BALTIMORE,MD21201     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 10,000
    HOOD COLLEGE
    401 ROSEMONT AVE
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,500
    HOUSING AUTHORITY OF THE CITY
    209 MADISON ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 8,500
    INTERFAITH HOUSING ALLIANCE
    5301 BUCKEYSTOWN PIKE STE 320
    FREDERICK,MD21704     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 15,000
    IT'S A BLESSING TO BE A BLESSING
    248 S LOCUST STREET
    HAGERSTOWN,MD21740     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,000
    LIFE & DISCOVERY
    1306 W PATRICK ST UNIT 5A
    FREDERICK,MD21703     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 10,000
    LITERACY COUNCIL OF FREDERICK
    110 E PATRICK STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    MARYLAND ASSOCIATION OF NONPROFITS
    1500 UNION AVE STE 2500
    BALTIMORE,MD21211     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 2,000
    MARYLAND ENSEMBLE THEATRE
    31 W PATRICK STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 10,250
    MENTAL HEALTH ASSOCIATION
    226 SOUTH JEFFFERSON STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 11,854
    MISSION OF MERCY
    22 S MARKET STREET SUITE 6D
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 70,000
    NATIONAL MUSEUM OF CIVIL WAR
    PO BOX 470
    FREDERICK,MD217050470     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 250
    NO MORE STOLEN CHILDHOODS
    PO BOX 1553
    COCKEYSVILLE,MD21030     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 4,500
    OLNEY THEATRE CENTER
    2001 OLNEY SANDY SPRING RD
    OLNEY,MD20832     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 5,000
    PHILLIPS HR GROUP
    5209 BRENTFORD DR
    ROCKVILLE,MD20852     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 5,300
    ROCKY MOUNTAIN ELK FOUNDATION
    PO BOX 8249
    MISSOULA,MT598078249     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,015
    ROTARY CLUB OF FREDERICK
    PO BOX 13
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    SOS SAFE RIDE
    122 E PATRICK STREET STE 114
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 3,750
    SALVATION ARMY
    223 W 5TH STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 33,333
    SHIP OF FREDERICK COUNTY
    PO BOX 1629
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 50,250
    SPANISH SPEAKING COMMUNITY
    329 S JEFFERSON ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 60,365
    ST JOHN REGIONAL CATHOLIC SCHOOL
    8414 OPOSSUMTOWN PIKE
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 3,000
    ST JOHN'S CATHOLIC PREP
    3989 BUCKEYSTOWN PIKE
    BUCKEYSTOWN,MD21717     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 5,500
    THE PHOENIX FOUNDATION OF MD
    PO BOX 4193
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    THE RELIGIOUS COALITION
    27 DEGRANGE STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 23,750
    THOUSAND CURRENTS
    1330 BROADWAY STE 301
    OAKLAND,CA94612     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,000
    UNITED WAY OF FREDERICK COUNTY
    629 NORTH MARKET ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 78,549
    WEBER STATE UNIVERSITY
    3850 DIXON PKWY DEPT 1021
    OGDEN,UT84408     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,000
    WEINBERG CENTER FOR THE ARTS
    20 WEST PATRICK STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 2,000
    WOMAN TO WOMAN MENTORING
    PO BOX 1660
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 6,520
    YMCA OF FREDERICK COUNTY
    1000 N MARKET ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 10,250
    AFRICAN AMERICAN RESOURCES
    PO BOX 3903
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,000
    ANIMAL WELFARE LEAGUE
    1202 EAST PATRICK STREET STE 13A
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 250
    ANTIETAM NATIONAL BATTLEFIELD
    PO BOX 158
    SHARPSBURG,MD21782     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 3,000
    ARC OF FREDERICK COUNTY INC
    620-A RESEARCH COUNT
    FREDERICK,MD21703     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 5,000
    ASSOCIATED BLACK CHARITIES
    2 HAMILL ROAD STE 272 NORTH
    QUADRANGLE
    BALTIMORE,MD21210     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    AUTISM SPEAKS INC
    1060 STATE ROAD 2ND FLOOR
    PRINCETON,NJ08540     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    BALTIMORE SAFE HAVEN
    2468 GREENMOUNT AVE
    BALTIMORE,MD21218     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    BRADLEY FOOD PANTRY
    605 FOURTH AVE
    BRADLEY BEACH,NJ07720     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 250
    CAMPUS CRUSADE FOR CHRIST INC
    100 LAKE HART DRIVE
    ORLANDO,FL32832     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,500
    CRISTOSAL INC
    370 SHELBURNE ROAD 4424
    BURLINGTON,VT05401     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    DAMASCUS ROAD COMMUNNITY CHURCH
    12826 OLD NATIONAL PIKE
    MOUNT AIRY,MD21771     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 153
    DISABILITY RIGHTS FUND INC
    89 SOUTH STREET STE 203
    BOSTON,MA02111     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    EMPOWERING COMMUNITY LEADERS
    PO BOX 369
    WALKERSVILLE,MD21793     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 3,500
    EVANGELICAL REFORM UNITED
    15 WEST CHURCH STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 250
    FIRST NATIONS DEVELOPMENT
    2432 MAIN STREET 2ND FLOOR
    LONGMONT,CO80501     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    FOOD RESEARCH & ACTION
    1200 18TH STREET NW STE 400
    WASHINGTON,DC20036     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 250
    FREDERICK COUNTY COMMISSION FOR WOMEN
    401 SAGNER AVE
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 200
    FREDERICK COUNTY EXTENSION
    7998 REGENTS DR
    COLLEGE PARK,MD20742     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 6,000
    FRIENDS OF CHILD ADVOCACY
    PO BOX 3344
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 4,765
    FUSION PARTNERSHIPS INC
    1601 GUILFORD AVE 2 SOUTH
    BALTIMORE,MD21202     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,500
    GIRL TREK INCORPORATED
    1800 WYOMING AVE NW FLOOR 2
    WASHINGTON,DC20009     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    GREAT WORKS REGIONAL LAND
    610 MAIN ST
    OGUNQUIT,ME03907     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 50
    GLOBALGIVING FOUNDATION INC
    1 THOMAS CIRCLE NW STE 800
    WASHINGTON,DC20005     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 50
    HERITAGE FREDERICK
    24 EAST CHURCH STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    HOPE INTERNATIONAL
    227 GRANITE RUN DRIVE STE 250
    LANCASTER,PA17601     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,000
    HOPE WORKS OF HOWARD COUNTY
    9770 PATUXENT WOODS DRIVE STE 300
    COLUMBIA,MD21046     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 150
    HOUSING FREDERICK INC
    7901 OPOSSUMTOWN PIKE
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    I BELIEVE IN ME INC
    PO BOX 4255
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 250
    JUSTICE JOBS OF MARYLAND INC
    22 S MARKET ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,000
    LOVELAND FOUNDATION INC
    367 N MONTGOMERY STREET
    NEWBURGH,NY12550     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,000
    MINDPOP
    7112 BURNET BUILDING B
    AUSTIN,TX78757     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 300
    NATIONAL DOWN SYNDROME
    8 E 41ST STREET 8TH FLOOR
    NEW YORK,NY10017     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    NEW SPIRE ARTS INC
    15 WEST PARTICK STREET
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    OPEN MINDS INC
    15 LINCOLN SQUARE
    GETTYSBURG,PA17325     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    PEAK GRANTMAKING INC
    1701 PENNSYLVANIA AVE NW STE 200
    WASHINGTON,DC20006     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    PECULIAR INC
    580 HIDDEN CIRCLE
    NORTH SALT LAKE,UT84054     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 2,000
    RAINBOW OF LOVE RECOVERY
    PO BOX 4094
    FREDERICK,MD21705     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 1,500
    RAINIER VALLEY CORPS
    1225 S WELLER STREET SUITE 400
    SEATTLE,WA98144     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    SAINT JAMES SCHOOL INC
    17641 COLLEGE ROAD
    HAGERSTOWN,MD21740     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 2,000
    SISTERSONG WOMEN OF COLOR
    PO BOX 94408
    ATLANTA,GA30377     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    SOPHIE AND MADIGAN'S PLAYGROUND
    PO BOX 1628
    FREDERICK,MD21702     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 5,000
    SOUTH WASHINGTON FAMILY FOOD
    PO BOX 63
    BOONSBORO,MD21713     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    SPECIAL OLYMPICS MARYLAND
    3701 COMMERCE DRIVE STE 103
    BALTIMORE,MD21227     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    SPECTRUM SUPPORT INC
    2 PARK CENTER COURT UNIT 3
    OWINGS MILLS,MD21117     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 49,706
    SPRINGBOARD TO OPPORTUNITIES
    854 N JEFFERSON STREET
    JACKSON,MS39202     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    ST PETERS LIBERTYTOWN ROMAN
    9190 CHURCH ST
    LIBERTYTOWN,MD21762     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 600
    STILLBRAVE CHILDHOOD CANCER
    145 WHITES LANDING ROAD
    LINDEN,VA22642     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    THE BIRTHING CIRCLE INC
    22 N MARKET ST 16
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 400
    THE DELAPLAINE ARTS CENTER
    40 S CARROLL ST
    FREDERICK,MD21701     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 16,500
    THON
    227D HETZEL UNION BUILDING
    UNIVERSITY PARK,PA16802     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 851
    WETA
    3939 CAMPBELL AVENUE
    ARLINGTON,VA22206     		NONE PUBLIC CHARITY FOR SUPPORT OF EXEMPT PURPOSE 500
    Total .................................bullet 3a 769,511
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 24  
    4 Dividends and interest from securities....     14 187,360  
    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.....     01 672,000  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,011,113  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPATRIOT CAPITAL II, LP     		  708 14 421  
    bPENN SQUARE GLOBAL REAL ESTATE FUND I, LP   20 14 795  
    cPATRIOT CAPITAL III SBIC, LP   -16,903 14 -4  
    dARTHUR STREET FUND IV, LP 900099 -1,672 14 -5,296  
    e
    12 Subtotal. Add columns (b), (d), and (e).. -17,847 1,866,413 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,848,566
    (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
    AUSHERMAN FAMILY FOUNDATION INC
     
    Employer identification number

    20-4937263
    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
    AUSHERMAN FAMILY FOUNDATION INC
          		Employer identification number
    20-4937263
    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
    STATE OF MARYLAND
     
    DEPT OF COMMERCE 401 E PRATT ST F R
     
    BALTIMORE, MD21202

    		$ 300,000


    (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
    AUSHERMAN FAMILY FOUNDATION INC
          		Employer identification number

    20-4937263
    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
    AUSHERMAN FAMILY FOUNDATION INC
          		Employer identification number

    20-4937263
    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:
    AUSHERMAN FAMILY FOUNDATION INC
    EIN:
    20-4937263
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 1,400 0   1,400

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

    TY 2020 DepreciationSchedule
    Name:
    AUSHERMAN FAMILY FOUNDATION INC
    EIN:
    20-4937263
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    117 E CHURCH - BUILDING 2019-07-01 330,569 17,659 SL 39.000000000000 8,476 8,476    
    117 E CHURCH - IMPROVEMENTS 2019-07-01 20,000 791 SL 39.000000000000 513 513    
    117 E CHURCH - LAND 2015-10-06 29,626   L   0 0    
    115 E CHURCH - LAND 2015-10-06 371,618   L   0 0    
    115 E CHURCH - BUILDING 2019-07-01 759,801 47,081 SL 39.000000000000 19,482 19,482    
    15 W PATRICK ST - BUILDING & IMPROVEMENTS 2019-01-21 5,200,759 127,796 SL 39.000000000000 133,353 133,353    
    15 W PATRICK ST - LAND 2019-01-21 178,275   L   0 0    
    115 E CHURCH - IMPROVEMENTS 2019-07-01 107,073 6,633 SL 39.000000000000 2,745 2,745    
    115 E CHURCH - IMPROVEMENTS 2019-07-01 4,125 162 SL 39.000000000000 106 106    
    117 E CHURCH - IMPROVEMENTS 2019-12-31 271,148 290 SL 39.000000000000 6,953 6,953    

    TY 2020 InvestmentsOtherSchedule2
    Name:
    AUSHERMAN FAMILY FOUNDATION INC
    EIN:
    20-4937263
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENTS FMV 11,221,111 11,221,111

    TY 2020 LandEtcSchedule2
    Name:
    AUSHERMAN FAMILY FOUNDATION INC
    EIN:
    20-4937263
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    115 E. CHURCH STREET 1,242,617 76,209 1,166,408 1,166,408
    117 E. CHURCH STREET 651,343 34,682 616,661 616,661
    15 W. PATRICK STREET 5,379,034 261,149 5,117,885 5,117,885


    TY 2020 LegalFeesSchedule
    Name:
    AUSHERMAN FAMILY FOUNDATION INC
    EIN:
    20-4937263
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 423 0   5,946


    TY 2020 OtherAssetsSchedule
    Name:
    AUSHERMAN FAMILY FOUNDATION INC
    EIN:
    20-4937263
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DUE TO NEW SPIRE ARTS, INC 1,394 2,200 2,200


    TY 2020 OtherDecreasesSchedule
    Name:
    AUSHERMAN FAMILY FOUNDATION INC
    EIN:
    20-4937263
    Description Amount
    NET UNREALIZED GAIN FROM INVESTMENTS 670,741


    TY 2020 OtherExpensesSchedule
    Name:
    AUSHERMAN FAMILY FOUNDATION INC
    EIN:
    20-4937263
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MEALS AND ENTERTAINMENT 738 0   738
    EDUCATION AND TRAINING 2,920 0   2,920
    REPAIR AND MAINTENANCE 12,509 0   12,509
    MISCELLANEOUS 911 0   216
    DUES AND SUBSCRIPTIONS 10,738 0   10,538
    PROMOTIONS 16,501 0   16,501
    INSURANCE 8,094 0   8,094
    BANK FEES 1,997 0   1,997
    OFFICE 1,107 0   1,107
    CHARITABLE PURPOSE RENTAL EXPENSES 228,840 0   75,886
    NONDEDUCTIBLE EXPENSES NET OF TAX-EXEMPT INCOME -5,969 0   0
    COMMUNITY BENEFIT PROJECTS 125,080 0   125,080
    REPAIRS & MAINTENANCE 0 0   0
    UTILITIES 16,682 16,682   0
    MANAGEMENT FEES 0 0   0
    CAM EXEPENSES 2,413 2,413   0
    OFFICE EXPENSE 384 384   0
    INSURANCE 5,751 5,751   0
    LIMITATION ON INVESTMENT EXPENSES FROM CHARITABLE PURPOSE RENTAL REAL ESTATE -37,815 -37,815   0
    REPAIRS & MAINTENANCE 0 0   0
    UTILITIES 13,303 13,303   0
    INSURANCE 14,995 14,995   0
    MANAGEMENT FEES 0 0   0
    CAM EXEPENSES 824 824   0
    ADVERTISING 0 0   0
    OFFICE EXPENSE 507 507   0
    LIMITATION ON INVESTMENT EXPENSES FROM CHARITABLE PURPOSE RENTAL REAL ESTATE -45,246 -45,246   0
    REPAIRS & MAINTENANCE 0 0   0
    UTILITIES 0 0   0
    CAM EXEPENSES 556 556   0
    OFFICE EXPENSE 4,758 4,758   0
    INSURANCE 1,126 1,126   0
    LIMITATION ON INVESTMENT EXPENSES FROM CHARITABLE PURPOSE RENTAL REAL ESTATE -145,779 -145,779   0
    AMORTIZATION 3,701 3,701   0


    TY 2020 OtherIncomeSchedule2
    Name:
    AUSHERMAN FAMILY FOUNDATION INC
    EIN:
    20-4937263
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MD HISTORIC TAX CREDIT 672,000 672,000 672,000
    PATRIOT CAPITAL II, LP 1,129 421 1,129
    PENN SQUARE GLOBAL REAL ESTATE FUND I, LP 815 795 815
    PATRIOT CAPITAL III SBIC, LP -16,907 -4 -16,907
    ARTHUR STREET FUND IV, LP -6,968 -5,296 -6,968


    TY 2020 OtherLiabilitiesSchedule
    Name:
    AUSHERMAN FAMILY FOUNDATION INC
    EIN:
    20-4937263
    Description Beginning of Year - Book Value End of Year - Book Value
    TENANT SECURITY DEPOSIT 5,000 5,000
    LOAN - PAYROLL 0 71,782
    DEFERRED REVENUE 0 500


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    AUSHERMAN FAMILY FOUNDATION INC
    EIN:
    20-4937263
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT COUNSELING 46,720 0   46,720
    INVESTMENT MANAGEMENT FEES 57,489 57,489   0
    PROFESSIONAL FEES 625 625   0
    PROFESSIONAL FEES 624 624   0


    TY 2020 TaxesSchedule
    Name:
    AUSHERMAN FAMILY FOUNDATION INC
    EIN:
    20-4937263
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 808 808   0
    PAYROLL TAXES 26,623 0   32,479
    PERSONAL PROPERTY TAX 400 0   400
    INCOME & EXCISE TAX 0 0   0
    PROPERTY TAX 7,936 7,936   0
    PROPERTY TAX 654 654   0
    PROPERTY TAX 9,102 9,102   0