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
TF Educational Foundation
 
% GARY TURPANJIAN
Number and street (or P.O. box number if mail is not delivered to street address)580 Silver Spur Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Rancho Palos Verdes, CA90275
A Employer identification number

61-1504200
B Telephone number (see instructions)

(313) 265-6873
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$28,391,787J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 299,288 299,288 0
4 Dividends and interest from securities... 145,442 139,579 0
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 641,285
b Gross sales price for all assets on line 6a 14,990,621
7 Capital gain net income (from Part IV, line 2)... 363,442
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 -41,283 -41,283 0
12 Total. Add lines 1 through 11........ 1,044,732 761,026 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 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 4,635 2,317 0 2,318
c Other professional fees (attach schedule).... Click to see attachment 151,573 151,573 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 46,002 2,176 0 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 459 0 0 459
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 202,669 156,066 0 2,777
25 Contributions, gifts, grants paid....... 8,191,848 3,074,500
26 Total expenses and disbursements. Add lines 24 and 25 8,394,517 156,066 0 3,077,277
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -7,349,785
b Net investment income (if negative, enter -0-) 604,960
c Adjusted net income (if negative, enter -0-)... 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............. 152,046 34,962 34,962
2 Savings and temporary cash investments......... 8,210,457 5,394,319 5,394,319
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 3,168,584 Click to see attachment4,310,492 4,310,492
b Investments—corporate stock (attach schedule)....... 6,766,984 Click to see attachment6,395,860 6,395,860
c Investments—corporate bonds (attach schedule)....... 6,369,467 Click to see attachment3,979,285 3,979,285
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,203,688 Click to see attachment8,271,167 8,271,167
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment3,134 Click to see attachment5,702 Click to see attachment5,702
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 28,874,360 28,391,787 28,391,787
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 3,876,774 8,994,122
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 attachment39,864 Click to see attachment73,558
23 Total liabilities (add lines 17 through 22)......... 3,916,638 9,067,680
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 24,957,722 19,324,107
29 Total net assets or fund balances (see instructions)..... 24,957,722 19,324,107
30 Total liabilities and net assets/fund balances (see instructions). 28,874,360 28,391,787
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
24,957,722
2
Enter amount from Part I, line 27a .....................
2
-7,349,785
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,716,170
4
Add lines 1, 2, and 3 ..........................
4
19,324,107
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
19,324,107
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      
b EXCELSIOR PARTNERS FUND V LOSS ON DISP P    
c
d
e
(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 14,848,404   14,329,324 519,080
b     155,638 -155,638
c
d
e
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       519,080
b       -155,638
c
d
e
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 2 363,442
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 8,409
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  
3 Add lines 1 and 2........................... 3 8,409
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 8,409
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 15,651
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 21,151
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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 12,742
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet12,742 RefundedBullet 11  
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? Click to see attachment....................
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 changesClick to see attachment....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.Click to see attachment
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)
    bulletCA
    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 Click to see attachment.............
    11
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletGARY TURPANJIAN Telephone no.bullet (313) 265-6783

    Located atbullet580 SILVER SPUR RDRANCHO PALOS VERDESCA ZIP+4bullet90275
    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
     
    No
    ........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
    Yes
     
    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
    GERALD H TURPANJIAN DIRECTOR & PRESIDENT
    15.0     		0 0 0
    580 Silver Spur Rd
    Rancho Palos Verdes,CA90275
    PATRICIA TURPANJIAN DIRECTOR & VP
    5.0     		0 0 0
    580 Silver Spur Rd
    Rancho Palos Verdes,CA90275
    LORI MUNCHERIAN DIRECTOR & SECRETARY
    5.0     		0 0 0
    580 Silver Spur Rd
    Rancho Palos Verdes,CA90275
    Gary Turpanjian Director & CFO
    5.0     		0 0 0
    580 Silver Spur Rd
    Rancho Palos Verdes,CA90275
    Deanna Nazarian Director
    5.0     		0 0 0
    580 Silver Spur Rd
    Rancho Palos Verdes,CA90275
    Paul Turpanjian Director
    5.0     		0 0 0
    580 Silver Spur Rd
    Rancho Palos Verdes,CA90275
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
    US TRUST INVESTMENT MGMT 151,573
    114 W 47TH ST
    NEW YORK,NY10036
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 CONTINUE PRODUCTION OF EDUCATIONAL DOCUMENTARY ON THE ARMENIAN GENOCIDE TO BE DISTRIBUTED FOR NON-PROFIT USE. 204
    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 NONE  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    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
    20,594,491
    b
    Average of monthly cash balances.......................
    1b
    6,437,742
    c
    Fair market value of all other assets (see instructions)................
    1c
    36,673
    d
    Total (add lines 1a, b, and c).........................
    1d
    27,068,906
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    27,068,906
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    406,034
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    26,662,872
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,333,144
    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
    1,333,144
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    8,409
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,409
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,324,735
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,324,735
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,324,735
    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
    3,077,277
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,077,277
    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
    3,077,277
    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 1,324,735
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:2018, 2017, 2016 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 1,455,246
    b From 2016...... 2,698,235
    c From 2017...... 1,873,230
    d From 2018...... 3,128,482
    e From 2019...... 2,020,902
    fTotal of lines 3a through e........ 11,176,095
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 3,077,277
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 1,324,735
    e Remaining amount distributed out of corpus 1,752,542
    5 Excess distributions carryover applied to 2020.    
    (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 12,928,637
    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......     		 
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		1,455,246
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		11,473,391
    10 Analysis of line 9:
    a Excess from 2016.... 2,698,235
    b Excess from 2017.... 1,873,230
    c Excess from 2018.... 3,128,482
    d Excess from 2019.... 2,020,902
    e Excess from 2020.... 1,752,542
    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).)
    NONE
    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.
    NA
    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
    American University of Armenia
    300 Lakeside Dr 5th Floor
    Oakland,CA94612     		  PC GENERAL SUPPORT 1,250,000
    Armenian Assembly of America
    1140 19th Street NW No 600
    Washington,DC20036     		  PC GENERAL SUPPORT 10,000
    Armenian Brotherhood Bible Church
    1536 E Washington Blvd
    Pasadena,CA91104     		  PC GENERAL SUPPORT 18,000
    Armenian Evangelical Schools of CA Inc
    13330 Riverside Dr
    Sherman Oaks,CA91423     		  PC GENERAL SUPPORT 5,000
    Armenian General Benevolent Union
    55 East 59th St
    New York,NY10022     		  PC GENERAL SUPPORT 225,000
    Armenian Missionary Assoc of America
    31 W Century Rd
    Paramus,NJ07652     		  PC GENERAL SUPPORT 105,000
    Arpa Foundation for Film Music and Arts
    2919 Maxwell St
    Los Angeles,CA90027     		  PC GENERAL SUPPORT 50,000
    California State University Northridge
    18111 Nordhoff St
    Northridge,CA91330     		  PC GENERAL SUPPORT 50,000
    Central High School Alumni Assoc
    18335 Rancho St
    Tarzana,CA91356     		  PC GENERAL SUPPORT 90,000
    Civilitas Foundation
    315 W Arden Ave Suite 1
    Glendale,CA91203     		  PC GENERAL SUPPORT 72,500
    Fund for Armenian Relief Inc
    630 Second Ave
    New York,NY10016     		  PC GENERAL SUPPORT 15,000
    Immanuel Armenian Congregational Church
    9516 Downey Ave
    Downey,CA90240     		  PC GENERAL SUPPORT 10,000
    Knights of Vartan Charitable Fund
    38228 Lana Dr
    Farmington Hills,MI48335     		  PC GENERAL SUPPORT 1,000
    Nor Or Charitable Foundation Inc
    1901 N Allen Ave
    Altadena,CA91001     		  PC GENERAL SUPPORT 25,000
    St Gregory Armenian Apostolic Church
    2215 E Colorado Blvd
    Pasadena,CA91107     		  PC GENERAL SUPPORT 1,000
    St Katherine Greek Orthodox Church
    722 Knob Hill Ave
    Redondo Beach,CA90277     		  PC GENERAL SUPPORT 500
    St Mary Armenian Apostolic Church
    4444 Lowel Ave
    La Crescenta,CA91214     		  PC GENERAL SUPPORT 2,500
    Torrance Memorial Medical Center Health Care Found
    3300 Lomita Blvd
    Torrance,CA90505     		  PC GENERAL SUPPORT 525,000
    United Armenian Congregational Church
    3480 Cahuenga Blvd W
    Los Angeles,CA90068     		  PC GENERAL SUPPORT 5,000
    University of Southern California
    3551 Trousdale Parkway
    Los Angeles,CA90089     		  PC GENERAL SUPPORT 257,000
    Western Diocese of the Armenian Church
    3325 N Glenoaks Blvd
    Burbank,CA91504     		  PC GENERAL SUPPORT 357,000
    Total .................................bullet 3a 3,074,500
    bApproved for future payment
    American University of Armenia
    300 Lakeside Dr 5th Floor
    Oakland,CA94612     		  PC GENERAL SUPPORT 5,160,000
    Torrance Memorial Health Care Foundation
    3300 Lomita Blvd
    Torrance,CA90505     		  PC General Support 2,000,000
    Total .................................bullet 3b 7,160,000
    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 ...........     		    14 299,288  
    4 Dividends and interest from securities....     14 145,442  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 641,285  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME     		    01 -41,283  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,044,732  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,044,732
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    TF Educational Foundation
    EIN:
    61-1504200
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,635 2,317 0 2,318

    TY 2020 AllOthProgRltdInvestmentsSch
    Name:
    TF Educational Foundation
    EIN:
    61-1504200
    Category Amount
    NONE  

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

    TY 2020 DepreciationSchedule
    Name:
    TF Educational Foundation
    EIN:
    61-1504200
    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

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    TF Educational Foundation
    EIN:
    61-1504200
    Name of Bond End of Year Book Value End of Year Fair Market Value
    PHILIP MORRIS INTL INC 49,988 49,988
    CISCO SYS INC 73,227 73,227
    AMERICAN INTL GROUP INC 79,167 79,167
    CITIGROUP INC 100,578 100,578
    MORGAN STANLEY 100,620 100,620
    ABBVIE INC 102,688 102,688
    BOEING CO 76,260 76,260
    PNC FDG CORP 51,643 51,643
    AMERICAN INTL GROUP INC 22,280 22,280
    SIMON PPTY GROUP L P 51,310 51,310
    SUNTRUST BK ATLANTA GA UNSECD 76,361 76,361
    CITIGROUP INC NEW 76,198 76,198
    WELLS FARGO & CO NEW 102,854 102,854
    CVS HEALTH CORP UNSECD 7,489 7,489
    VIRGINIA ELEC & PWR CO 78,523 78,523
    CONSTELLATION BRANDS INC 27,251 27,251
    GEN MTRS FINL CO INC UNSECD 52,996 52,996
    VERIZON COMMUNICATIONS INC 56,342 56,342
    WELLS FARGO & CO NEW UNSECD 82,743 82,743
    AMERICREDIT AUTO RECVBL TR 103,599 103,599
    BANK NY INC UNSECD MEDIUM 82,235 82,235
    AMERICAN INTL GROUP INC 102,903 102,903
    DUKE ENERGY CORP NEW 55,048 55,048
    GM FINL CONSUMER AUTOMOBILE 101,618 101,618
    VERIZON OWNER TRUST 2019-C 102,145 102,145
    BB&T CORP 81,160 81,160
    HERSHEY CO 52,903 52,903
    NATIONAL RURAL UTILS COOP FIN 81,513 81,513
    TARGET CORP 107,046 107,046
    WISCONSIN ENERGY CORP 46,814 46,814
    MORGAN STANLEY 85,828 85,828
    WORLD FINL NETWORK CR CARD 102,516 102,516
    ABBVIE INC 55,395 55,395
    FIDELITY NATL INFORMATION SVCS 55,636 55,636
    JPMORGAN CHASE & CO 83,208 83,208
    ABBOTT LABS 30,457 30,457
    GOLDMAN SACHS GROUP INC UNSECD 85,590 85,590
    CONSTELLATION BRANDS INC 28,558 28,558
    UNITEDHEALTH GROUP INC 89,173 89,173
    VERIZON COMMUNICATIONS INC 90,317 90,317
    BOEING CO 26,812 26,812
    BOEING CO 51,713 51,713
    ENERGY TRANSFER OPER L P 80,899 80,899
    PRINCIPAL PFD SECS FUND 269,845 269,845
    HSBC HLDGS PLC 100,549 100,549
    BANK NOVA SCOTIA B C 100,473 100,473
    BANK MONTREAL UNSECD 101,107 101,107
    BHP BILLITON FIN USA LTD 41,141 41,141
    BANK NOVA SCOTIA B C 77,200 77,200
    CREDIT SUISSE GRP FDG GUERNSEY 79,214 79,214
    SHIRE ACQ UNV IRELAND DA SR 79,532 79,532
    AERCAP IRELAND CAP DESIGNATED 78,620 78,620

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    TF Educational Foundation
    EIN:
    61-1504200
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 219 219
    ACTIVISION BLIZZARD INC 195,449 195,449
    AIR PRODS & CHEMS INC 68,305 68,305
    AMAZON COM INC 227,985 227,985
    AMPHENOL CORP NEW 105,270 105,270
    BROADCOM INC 133,544 133,544
    CITIGROUP INC 131,335 131,335
    CONSTELLATION BRANDS INC 174,145 174,145
    CROWN CASTLE INTL CORP 58,900 58,900
    CVS HEALTH CORP 152,992 152,992
    DISNEY WALT CO 124,108 124,108
    EQUINIX INC 60,705 60,705
    HOME DEPOT INC 106,248 106,248
    IHS MARKIT LTD 108,694 108,694
    INTERCONTINENTAL EXCHANGE INC 117,596 117,596
    LAS VEGAS SANDS CORP 131,716 131,716
    MICROSOFT CORP 145,685 145,685
    MORGAN STANLEY 109,648 109,648
    NEXTERA ENERGY INC 129,612 129,612
    PAYPAL HOLDINGS INC 307,973 307,973
    SERVICENOW INC 178,890 178,890
    STRYKER CORP 225,437 225,437
    TARGET CORP 132,397 132,397
    TRUIST FINL CORP 102,331 102,331
    VISA INC CL A COM 109,365 109,365
    BOOZ ALLEN HAMILTON HLDG CORP 193,540 193,540
    IDEX CORP 103,584 103,584
    JOHN HANCOCK FDS III DISCIP 544,938 544,938
    REPLIGEN CORP 270,198 270,198
    FULLER & THALER BEHAVIORAL 924,564 924,564
    CHINA HIGH PRCSN AUTO. GRP LTD 1,822 1,822
    GLOBAL X FDS GLOBAL X ROBOTICS 448,648 448,648
    NEUBERGER BERMAN INTL FD INSTL 356,685 356,685
    ALIBABA GROUP HLDG LTD ADS 67,492 67,492
    TENCENT HOLDINGS LTD 145,840 145,840

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    TF Educational Foundation
    EIN:
    61-1504200
    US Government Securities - End of Year Book Value:

    4,310,492
    US Government Securities - End of Year Fair Market Value:

    4,310,492
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    TF Educational Foundation
    EIN:
    61-1504200
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESCO FTSE RAFI US 1000 ETF FMV 426,240 426,240
    INVESCO QQQ TRUST FMV 367,076 367,076
    ISHARES EXP TECH-SFTW SECT ETF FMV 28,328 28,328
    ISHARES RUSSELL 1000 GROWTH FMV 402,704 402,704
    BLACKROCK MID CAP GROWTH EQU FMV 604,369 604,369
    ISHARES CORE S&P MID CAP ETF FMV 206,847 206,847
    SPDR S&P HOMEBUILDERS FMV 371,778 371,778
    ISHARES RUSSELL 2000 ETF FMV 490,150 490,150
    ISHARES MSCI EURZONE ETF FMV 163,096 163,096
    ISHARES S&P GLOB IND INDEX FD FMV 170,768 170,768
    ISHARES S&P GLOB IND INDEX FD FMV 179,306 179,306
    ISHARES S&P GLOBAL MATERIALS FMV 248,301 248,301
    ISHARES S&P GLOBAL MATERIALS FMV 119,266 119,266
    COLUMBIA EMERGING MKT FD INSTL FMV 275,075 275,075
    ISHARES MSCI EMERGING MKTS EFT FMV 175,678 175,678
    PIMCO ALL ASSET FUND INSTL CL FMV 438,547 438,547
    SPDR GOLD TR FMV 3,561,849 3,561,849
    ACCRUED INCOME NET PUT/CALL FMV 41,789 41,789

    TY 2020 OtherAssetsSchedule
    Name:
    TF Educational Foundation
    EIN:
    61-1504200
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    EXCISE TAXES RECEIVABLE 3,134 5,702 5,702


    TY 2020 OtherExpensesSchedule
    Name:
    TF Educational Foundation
    EIN:
    61-1504200
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DOCUMENTARY EXPENSE 204 0 0 204
    ANUAL STATE FILLING FEES 235 0 0 235
    LICENSE EXPENSE 20 0 0 20


    TY 2020 OtherIncomeSchedule2
    Name:
    TF Educational Foundation
    EIN:
    61-1504200
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME - US TRUST -41,283 -41,283 0


    TY 2020 OtherIncreasesSchedule
    Name:
    TF Educational Foundation
    EIN:
    61-1504200
    Description Amount
    UNREALIZED GAINS ON INVESTMENTS 1,716,170


    TY 2020 OtherLiabilitiesSchedule
    Name:
    TF Educational Foundation
    EIN:
    61-1504200
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED TAX LIABILITY 39,864 73,558


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    TF Educational Foundation
    EIN:
    61-1504200
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 151,573 151,573 0 0


    TY 2020 TaxesSchedule
    Name:
    TF Educational Foundation
    EIN:
    61-1504200
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 10,132 0 0 0
    FOREIGN TAXES PAID 2,176 2,176 0 0
    DEFERRED TAX EXPENSE 33,694 0 0 0


    TY 2020 TransfersFrmControlledEntities
    Name:
    TF Educational Foundation
    EIN:
    61-1504200
    Name US /
    Foreign Address    		 EIN Description Amount
    EXCELSIOR PARTNERS FUND V MAPLES CORPORATE SERVICES LTD
    GEORGE TOWN   KY1-1104
    CJ     		99-9999999 Distribution - THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING 142,217
    Total     142,217