TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2020

Open to Public Inspection

For calendar year 2020, or tax year beginning 02-01-2020 , and ending 01-31-2021

Name of foundation
SKOLNICK FAMILY CHARITABLE TRUST
C/O EXOTIC CAR

Number and street (or P.O. box number if mail is not delivered to street address)1510 NE 131 STREET
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
NORTH MIAMI, FL33161

A Employer identification number

11-6462058

B Telephone number (see instructions)

(732) 239-9590

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$104,667,216J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	1,678,359		1,678,359
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		831,044
b	Gross sales price for all assets on line 6a 831,044
7	Capital gain net income (from Part IV, line 2)...			831,044
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).......		-642,805	-154,914	0
12	Total. Add lines 1 through 11........	1,866,598		2,354,489	0
13	Compensation of officers, directors, trustees, etc.	0		0	0	0
14	Other employee salaries and wages......	395,500		157,500	0	238,000
15	Pension plans, employee benefits.......	16,930		6,052	0	10,878
16a	Legal fees (attach schedule).........		2,461	0	0	2,461
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		102,331	102,181	0	150
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		89,223	46,223	0	0
19	Depreciation (attach schedule) and depletion...		7,273	0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		182,690	1,240	0	181,450
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	796,408		313,196	0	432,939
25	Contributions, gifts, grants paid.......	4,410,708				4,410,708
26	Total expenses and disbursements. Add lines 24 and 25	5,207,116		313,196	0	4,843,647
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-3,340,518
b	Net investment income (if negative, enter -0-)			2,041,293
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	10,445,239	11,887,664	11,887,664
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts	1,303
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule) 11,799,948
		Less: allowance for doubtful accounts 0	11,799,948	11,799,948	12,069,948
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	2,681,598	232,077	281,601
	b	Investments—corporate stock (attach schedule).......	21,411,186	20,540,745	20,643,458
	c	Investments—corporate bonds (attach schedule).......	13,082,648	11,426,811	12,520,912
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	30,361,095	30,511,107	47,063,633
	14	Land, buildings, and equipment: basis 200,000
		Less: accumulated depreciation (attach schedule) 8,940	198,333	191,060	200,000
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	89,981,350	86,589,412	104,667,216
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )	0	224,144
	23	Total liabilities (add lines 17 through 22).........	0	224,144
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	89,981,350	86,365,268
	29	Total net assets or fund balances (see instructions).....	89,981,350	86,365,268
	30	Total liabilities and net assets/fund balances (see instructions).	89,981,350	86,589,412

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

89,981,350

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

-3,340,518

Other increases not included in line 2 (itemize) bullet

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

86,640,832

Decreases not included in line 2 (itemize) bullet

275,564

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

86,365,268

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
1 a	THRU FORMS K-1	P
b	REALIZED GAINS - VARIOUS	P
c	CAPITAL GAINS DIVIDENDS	P
d
e

(e) Gross sales price		(h) Gain or (loss) (e) plus (f) minus (g)
a	481,717	481,717
b	254,779	254,779
c	94,548	94,548
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			481,717
b			254,779
c			94,548
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	831,044
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3	254,779

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE

1 Reserved

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved

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

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

Form 990-PF (2020)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	28,374
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	28,374
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	28,374
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	46,900
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	46,900
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	9
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	18,517
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax18,517	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

Yes

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

Yes

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

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

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

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions Click to see attachment

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

Yes

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

Yes

Website address bullet

N/A

The books are in care of bullet

AARON FISCHER Telephone no. bullet

(732) 239-9590

Located at bullet

C/O EXOTIC CAR 1510 NE 131 STREETN MIAMIFL ZIP+4 bullet

33161

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2020?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2020, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2020?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2020.)..................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?

Form 990-PF (2020)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
BARRY L SKOLNICK	TRUSTEE 10.00	0	0	0
C/O EXOTIC CAR 1510 NE 131 ST NORTH MIAMI,FL33161	TRUSTEE 10.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
AARON FISCHER	COO/CIO 30.00	350,000	0	0
C/O EXOTIC CAR 1510 NE 131 ST NORTH MIAMI,FL33161	COO/CIO 30.00	350,000	0	0
MARTIN SKOLNICK	ADMINISTRATION 30.00	45,500	0	0
410 OCEAN AVE LYNBROOK,NY11563	ADMINISTRATION 30.00	45,500	0	0






Total number of other employees paid over $50,000...................				1

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
FOUNDATION SOURCE	ADMINISTRATIVE	169,939
55 WALLS DRIVE FAIRFIELD,CT06824	ADMINISTRATIVE	169,939
UBS FINANCIAL SERVICES	INVESTMENT MGT	50,172
109 NORTH AVENUE WESTFIELD,NJ07090	INVESTMENT MGT	50,172
OPPENHEIMER & CO	INVESTMENT MGT	46,180
11780 US HIGHWAY 1 SUITE N101 NORTH PALM BEACH,FL33408	INVESTMENT MGT	46,180
HIGHTOWER ADVISORS	INVESTMENT MGT	5,829
445 BROADHOLLOW RD 332 MELVILLE,NY11747	INVESTMENT MGT	5,829

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2020)

Page 8

Part X

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

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

purposes:

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

33,567,236

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

12,347,977

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

54,894,557

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

100,809,770

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

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

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

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

100,809,770

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

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

1,512,147

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

99,297,623

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

4,964,881

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

4,964,881

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

28,374

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

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

28,374

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

4,936,507

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

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

4,936,507

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

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

4,936,507

Part XII

Qualifying Distributions (see instructions)

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

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

4,843,647

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

4,843,647

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b. See instructions.................

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

4,843,647

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2020)

Page 9

Part XIII

Undistributed Income (see instructions)

	(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7				4,936,507
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......			4,779,844
b Total for prior years:20, 20, 20		0
3 Excess distributions carryover, if any, to 2020:
a From 2015......
b From 2016......
c From 2017......
d From 2018......
e From 2019......
fTotal of lines 3a through e........	0
4Qualifying distributions for 2020 from Part
XII, line 4: $ 4,843,647
a Applied to 2019, but not more than line 2a			4,779,844
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.....				63,803
e Remaining amount distributed out of corpus	0
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	0
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 ..........				4,872,704
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......	0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...	0
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2016....
b Excess from 2017....
c Excess from 2018....
d Excess from 2019....
e Excess from 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 section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2020)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AMERICAN JEWISH COMMITTEE 165 E 56TH ST NY,NY10022		PC	GENERAL SUPPORT	50,000
AMERICAN NATIONAL RED CROSS 600 NE 3RD AVENUE FORT LAUDERDALE,FL33304		PC	GENERAL SUPPORT	5,000
ASCENT A SCHOOL FOR INDIVIDUALS WITH AUTISM 819 GRAND BLVD STE A DEER PARK,NY11729		PC	GENERAL SUPPORT	80,000
BAILEY HOUSE INC 1751 PARK AVE NY,NY10035		PC	GENERAL SUPPORT	25,000
BIRTHRIGHT ISRAEL FOUNDATION 711 3RD AVE 10TH FLOOR NY,NY10017		PC	GENERAL SUPPORT	100,000
BLUE CARD INC 171 MADISON AVE NY,NY10016		PC	GENERAL SUPPORT	5,000
CLARION PROJECT INC 1856 N NOB HILL ROAD STE 210 PLANTATION,FL33322		PC	GENERAL SUPPORT	250,000
CENTRAL FUND OF ISRAEL 461 CENTRAL AVE CEDARHURST,NY11516		PC	HETZ FOR ISRAEL	25,000
COPE FOUNDATION INC PO BOX 1251 MELVILLE,NY11747		PC	GENERAL SUPPORT	2,000
COURAGEOUS ADVENTURES INC 5581 WELLMAN LINE RD CROSWELL,MI48422		PC	GENERAL SUPPORT	2,500
DISABILITY ALLIES INC 415 STATE ROUTE 18 STE 3 EAST BRUNSWICK,NJ08816		PC	GENERAL SUPPORT	2,500
EAGLE FIRE ENGINE AND HOSE COMPANY NUMBER 1 2 3 PO BOX 72 GILBERTSVILLE,NY13776		PC	GENERAL SUPPORT	5,000
EMERGENCY HOUSING AND ADVOCACY PROGRAM INC 41 THROCKMORTON ST FREEHOLD,NJ07728		PC	GENERAL SUPPORT	2,000
FREEHOLD AREA OPEN DOOR INC PO BOX 1073 FREEHOLD,NJ07728		PC	GENERAL SUPPORT	2,000
GILBERTSVILLE EXPRESSIVE MOVEMENT INC PO BOX 46 GILBERTSVILLE,NY13776		PC	GENERAL SUPPORT	150,000
GREATER MIAMI-MIAMI BEACH POLICE FOUNDATION 401 E LAS OLAS BLVD STE 1400 FT LAUDERDALE,FL33301		PC	GENERAL SUPPORT	250,000
HEWLETT-EAST ROCKAWAY JEWISH CENTRE 295 MAIN STREET EAST ROCKAWAY,NY11518		PC	GENERAL SUPPORT	50,000
HOLOCAUST MEMORIAL & ED CTR OF NASSAU COUNTY 100 CRESCENT BEACH RD GLEN COVE,NY11542		PC	GENERAL SUPPORT	50,000
INFINITE FAMILY PO BOX 1204 BRONX,NY10471		PC	GENERAL SUPPORT	5,000
JEWISH CHILD CARE ASSOCIATION OF NY 858 E 29TH ST BROOKLYN,NY11210		PC	GENERAL SUPPORT	20,000
JEWISH COMMUNAL FUND 575 MADISON AVE STE 703 NY,NY10022		PC	SKOLNICK FAMILY CHARITABLE FUND	1,100,000
JEWISH ED IN MEDIA INC DBA JBS JEWISH BROADCASTING PO BOX 360 STAMFORD STAMFORD,CT06904		PC	GENERAL SUPPORT	10,000
JEWISH FEDERATION OF GREATER MIDDLESEX COUNTY 230 OLD BRIDGE TPKE SOUTH RIVER,NJ08882		PC	GENERAL SUPPORT	10,000
JEWISH THEOLOGICAL SEMINARY OF AMERICA 3080 BROADWAY NY,NY10027		PC	GENERAL SUPPORT	100,000
MAKE A WISH FOUNDATION OF SOUTHERN FL INC 4491 S SR 7 FORT LAUDERDALE,FL33314		PC	GENERAL SUPPORT	25,000
MAIMONIDES INST FOR MED ETHICS AND THE HOLOCAUST PO BOX 31 MARLBORO,NJ07746		PC	GENERAL SUPPORT	5,000
MEOR INC PO BOX 279 POMONA,NY10970		PC	GENERAL SUPPORT	175,000
MERGING VETS AND PLAYERS INC 2029 CENTURY PARK E STE 1500 LOS ANGELES,CA90067		PC	GENERAL SUPPORT	1,000
MOUNT SINAI MEDICAL CENTER FOUNDATION INC 4300 ALTON RD MIAMI BEACH,FL33140		PC	CONSTRUCTION PROJECT PLEDGE	1,000,000
NASSAU COUNTY POLICE DEPARTMENT FOUNDATION INC 734 FRANKLIN AVE 189 GARDEN CITY,NY11530		PC	GENERAL SUPPORT	10,000
NATIONAL STUTTERING ASSOCIATION 1460 BROADWAY NY,NY10036		PC	GENERAL SUPPORT	5,000
NYS ELITE POLICE FOUNDATION 100 N PARK AVE ROCKVILLE CENTER,NY11570		PC	GENERAL SUPPORT	25,000
PLANNED PARENTHOOD FEDERATION OF AMERICA INC 123 WILLIAMS ST 10TH FL NY,NY10038		PC	GENERAL SUPPORT	5,000
SMILE TRAIN INC PO BOX 96231 WASHINGTON,DC20090		PC	GENERAL SUPPORT	1,000
SPECIAL STRIDES 118 FEDERAL RD MONROE,NJ08831		PC	GENERAL SUPPORT	1,500
ST JUDE CHILDREN'S RESEARCH HOSPITAL 3750 NW 87TH AVE STE 100 DORAL,FL33178		PC	GENERAL SUPPORT	1,000
TALMUDICAL ACADEMY OF NORFOLK INC 612 COLONIAL AVE NORFOLK NORFOLK,VA23507		PC	GENERAL SUPPORT	25,000
TEMPLE SHAARI EMETH 400 CRAIG RD MANALAPAN,NJ07726		PC	GENERAL SUPPORT	10,000
TEMPLE SINAI OF NEWINGTON INC 41 WEST HARTFORD ROAD NEWINGTON,CT06111		PC	GENERAL SUPPORT	10,000
USDAN CENTER FOR THE CREATIVE AND PERFORMING ARTS 185 COLONIAL SPRINGS RD WHEATLEY HEIGHTS,NY11798		PC	GENERAL SUPPORT	25,000
THROUGH K-1 PARTNERSHIP INVESTMENTS VARIOUS VARIOUS,FL33161		PC	GENERAL SUPPORT	208
GILBERTSVILLE EXPRESSIVE MOVEMENT INC PO BOX 46 GILBERTSVILLE,NY13776		PC	GENERAL SUPPORT	150,000
IMAGINATION PRODUCTIONS INC 11110 W OAKLAND PARK BLVD STE 288 SUNRISE,FL33351		PC	MENACHEM BEGIN FILM PROJECT	175,000
SHARE OUR STRENGTH 1030 15TH ST NW STE 1100W WASHINGTON,DC20005		PC	NO KID HUNGRY PROGRAM	10,000
AMERICAN COMMITTEE FOR THE WEIZMAN INSTITUTE OF SCIENCE 633 THIRD AVENUE 20TH FL NY,NY10017		PC	GENERAL SUPPORT	100,000
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY INC ONE BATTERY PARK PLAZA NY,NY10014		PC	GENERAL SUPPORT	350,000
Total ................................. 3a				4,410,708

bApproved for future payment

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

Form 990-PF (2020)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	1,678,359
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	831,044
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aK-1 INCOME NOTE 1		-487,891	14	-154,914	0
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		-487,891		2,354,489	0

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

1,866,598

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2020)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

SKOLNICK FAMILY CHARITABLE TRUST

C/O EXOTIC CAR

EIN:

11-6462058

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AIG INC - 4.872% - 06/01/2022	610,830	588,048
ALBERTSONS COS LLC/SAFEWAY INC - 5.750% - 03/15/2025	3,570	4,130
ALEXANDRIA REAL ESTATE EQ - 3.450% - 04/30/2025	26,244	27,637
AMC NETWORKS INC - 4.750% - 08/01/2025	46,350	46,350
AMERICAN EXPRESS - 8.150% - 03/19/2038	47,650	79,250
AMERICAN HONDA FIN CORP - 3.500% - 02/15/2028	64,765	68,664
ANHEUSER BUSCH - 4.000% - 04/28/2028	53,772	62,520
ARCONIC INC - 5.870% - 02/23/2022	97,301	104,375
AT&T INC - 2.300% - 06/01/2027	55,942	56,981
AVALONBAY COMMUNITIES - 3.500% - 11/15/2025	60,026	62,704
B AND G FOODS - 5.250% - 04/01/2025	11,164	12,343
BALL CORP - 2.875% - 08/15/2030	5,970	5,972
BANC ONE - 7.750% - 07/15/2025	570,000	731,966
BANK AMER CORP - 3.500% - 04/19/2026	52,569	60,766
BANK ONE CORP - 8.750% - 09/01/2030	50,749	74,238
BEAZER HOMES USA INC - 5.875% - 10/15/2027	12,516	12,675
BELLSOUTH TELECOMMUNTNS - 7.000% - 10/01/2025	500,000	685,137
BUCKEYE PARTNERS - 4.125% - 12/01/2027	14,816	15,346
CENTURY TEL - 6.875% - 01/15/2028	97,626	116,810
CENTURYLINK INC - 5.625% - 04/01/2025	11,640	13,080
CENTURYLINK INC NOTE - 6.450% - 06/15/2021	104,053	101,625
CHEVRON CORP - 3.191% - 06/24/2023	57,863	57,285
CITIGROUP - 5.950% - 12/31/2049	503,166	543,125
CITIGROUP BOND - 4.450% - 09/29/2027	504,005	582,435
CITIGROUP INC - 3.200% - 10/21/2026	56,741	59,511
COMCAST CORP - 3.000% - 02/01/2024	57,326	56,971
COMCAST CORP - 9.455% - 11/15/2022	11,458	11,632
CONAGRA FOODS INC - 3.200% - 01/25/2023	256,091	267,188
CONOCOPHILLIPS - 3.350% - 11/15/2024	55,308	58,983
COSTCO - 2.750% - 05/18/2024	45,241	48,381
CSC HLDGS INC NOTE - 5.250% - 06/01/2024	4,356	4,305
DIGITAL RLTY TR INC - 3.700% - 08/15/2027	11,567	11,464
DISCOVER FINL SVCS COM - 4.250% - 03/15/2026	250,000	273,075
DUKE ENERGY CAROLINAS - 2.950% - 12/01/2026	9,934	11,100
ELANCO ANIMAL HEALTHINC - 4.900% - 08/28/2028	23,258	25,085
EMBARQ CORP NT - 7.995% - 06/01/2036	297,500	307,238
ENCOMPASS HEALTH CORP - 4.625% - 04/01/2031	28,075	27,625
ENERGY TRANSFER PARTNERS - 3.600% - 02/01/2023	53,089	56,456
EQUINIX INC - 5.375% - 05/15/2027	12,930	13,025
FIRST ENERGY CORP - 7.375% - 11/15/2031	669,230	701,465
FORD HOLDINGS INC - 9.300% - 03/01/2030	592,711	558,597
FORD MOTOR COMPANY - 4.346% - 12/08/2026	46,805	48,114
FORD MTR - 7.500% - 08/01/2026	62,666	64,625
FORTUNE BRANDS INC - 6.625% - 07/15/2028	19,818	24,745
GE CAP CORP - 5.200% - 07/15/2034	103,189	113,570
GE CAP CORP - 5.250% - 07/15/2034	83,577	91,035
GENERAL ELECTRIC CO - 3.450% - 05/15/2024	62,220	65,102
GENERAL MOTORS - 3.450% - 01/14/2022	502,005	512,608
GOLDMAN SACHS GP INC - 5.950% - 01/15/2027	273,833	312,263
GOLDMAN SACHS GROUP - 3.200% - 02/23/2023	55,973	59,003
GOLDMAN SACHS GROUP - 4.250% - 10/21/2025	252,130	284,480
GOLDMAN SACHS GROUP INC - 6.750% - 10/01/2037	141,975	221,714
GRAPHIC PACKAGING CORP COM STK - 4.125% - 08/15/2024	14,686	15,900
HCP INC - 3.250% - 07/15/2026	62,584	66,758
HOME DEPOT INC - 2.950% - 06/15/2029	56,445	60,076
HOSPITAL PROPERTIES TRUST - 5.250% - 02/15/2026	500,353	488,940
HSBC HOLDINGS PLC - 4.250% - 03/14/2024	506,255	550,030
HUNTSMAN INTL LLC - 4.500% - 05/01/2029	11,947	13,802
INGERSOLL RAND CO - 9.000% - 08/15/2021	108,286	103,918
INGLES MKTS INC - 5.750% - 06/15/2023	5,188	5,050
JEFFERIES GROUP INC - 6.450% - 06/08/2027	264,856	319,925
JP MORGAN CHASE - 3.125% - 01/23/2025	53,994	60,929
KLA TENCOR CORP - 5.650% - 11/01/2034	495,223	662,850
KRAFT HEINZ - 4.375% - 06/01/2046	14,408	15,933
LEHMAN BRTH HLD ESCROW DPS - 7.950% - 12/31/2049	50,000	20
LEVI STRAUSS &CO - 5.000% - 05/01/2025	30,150	30,713
LIMITED BRANDS INC - 6.950% - 03/01/2033	5,804	6,396
LOUISIANA PACIFIC CP - 4.875% - 09/15/2024	12,060	12,300
LOWES COS INC NOTE - 3.750% - 04/15/2021	32,538	32,092
MAGELLAN MIDSTREAM PRTNRS LP - 3.250% - 06/01/2030	12,720	13,216
MATTEL - 3.150% - 03/15/2023	7,800	8,130
MERRILL LYNCH - 6.220% - 09/15/2026	19,170	25,248
METLIFE - 3.600% - 04/10/2024	258,855	274,420
MGM RESORTS INTL BOND - 4.625% - 09/01/2026	8,964	9,383
MORGAN STANLEY - 6.250% - 08/09/2026	101,874	126,857
MORGAN STANLEY FR - 3.700% - 10/23/2024	55,227	62,152
MURPHY OIL CP HLDG - 5.625% - 05/01/2027	15,563	15,844
NUSTAR LOGISTICS - 4.750% - 02/01/2022	11,640	12,210
PACKAGING CORP AMER - 3.000% - 12/15/2029	63,803	65,710
PHILLIPS 66 - 4.300% - 04/01/2022	59,662	56,381
POLYONE CORP NOTE - 5.250% - 03/15/2023	12,607	12,780
QVC INC - 4.450% - 02/15/2025	12,134	12,840
RADIOSHACK CORP SR NT - 6.750% - 05/15/2019	76,007	0
REPUBLIC SVCS INC - 2.300% - 03/01/2030	65,335	67,491
SABRA HLTH CARE - 5.125% - 08/15/2026	8,594	9,053
SALLY HLDGS LLC - 5.625% - 12/01/2025	2,095	2,058
SOUTHERN COPPER CORP - 7.500% - 07/27/2035	114,935	150,369
TEMPUR SEALY - 5.500% - 06/15/2026	23,640	24,840
TIME WARNER INC - 6.100% - 07/15/2040	103,781	123,456
TOLL BROS FIN CORP - 3.800% - 11/01/2029	10,266	10,825
TYSON FOODS INC SR NT - 3.950% - 08/15/2024	58,558	59,884
UNDER ARMOUR INC - 3.250% - 06/15/2026	54,608	54,124
UNITED RENTALS - 5.250% - 01/15/2030	62,489	63,128
VERIZON COMMUNICATIONS INC - 4.125% - 03/16/2027	39,135	43,374
WALGREENS BOOTS ALLIANCE - 3.800% - 11/18/2024	56,276	59,596
WASTE CONNECTIONS INC - 2.600% - 02/01/2030	55,414	57,338
WASTE MGMT INC - 2.400% - 05/15/2023	54,900	56,260
WELLS FARGO & CO - 3.000% - 10/23/2026	55,213	61,594
WEYERHAEUSER CO - 6.950% - 10/01/2027	78,931	94,657
YUM BRANDS INC NOTE CALL MAKE WHOLE3.62500% 03/15/2031 - 3.625% - 03/15/2031	40,245	39,240

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

SKOLNICK FAMILY CHARITABLE TRUST

C/O EXOTIC CAR

EIN:

11-6462058

Name of Stock	End of Year Book Value	End of Year Fair Market Value
3M CO	26,158	25,822
ABBOTT LABS	14,506	35,841
ABBVIE INC	269,408	334,290
ACCENTURE PLC	5,202	7,500
ACTIVISION BLIZZARD INC	6,220	6,916
ADOBE SYSTEMS, INC	5,352	10,093
ADVANCE AUTO PARTS INC	12,307	15,660
AIR PRODS & CHEM INC	18,837	35,746
ALIBABA GROUP HOLDING LTD	4,763	6,346
ALLY FINANCIAL INC	8,959	16,233
ALPHABET INC CL A	459,067	961,191
ALTRIA GROUP INC	9,220	6,080
AMAZON COM	469,066	1,631,956
AMER INTERNATIONAL GROUP INC	17,581	16,399
AMERICAN TOWER REIT INC	9,599	9,776
AMERISOURCEBERGEN CORP	11,541	15,109
AMGEN INC	10,011	13,037
ANTHEM INC	9,124	11,879
APOLLO INVESTMENT CORP	65,244	43,172
APPLE INC	11,772	22,829
APPLIED MATERIALS INC	10,649	20,013
ASSERTIO THERAPEUTICS INC	233,132	8,190
AT&T, INC	1,133,474	883,264
AUTOMATIC DATA PROCESSING INC	22,654	26,254
BAKER HUGHES COMPANY	1,065	1,025
BANK OF AMERICA CORP	18,997	19,124
BCE INC	12,724	12,211
BERKSHIRE HATHAWAY INC. CLASS B	24,113	27,117
BLACKROCK INC	21,145	37,167
BRISTOL-MYERS SQUIBB CO	23,810	24,572
BRIXMOR PPTY GROUP INC COM	5,306	7,195
BROADCOM INC	37,705	58,115
CENTURY LINK INC D/B/A LUMEN TECHNOLOGIES INC	77,925	24,760
CENTURYLINK INC	11,619	13,225
CHEVRON CORP	54,527	46,775
CHUBB LIMITED	11,330	12,965
CISCO SYSTEMS INC	182,991	266,633
CITIGROUP INC	26,200	25,226
CNH INDUSTRIAL NV	8,828	15,746
COMCAST CORP	13,307	17,250
CONAGRA FOODS INC	6,952	8,442
CONOCOPHILLIPS	6,497	6,005
CORNING INC	1,627	2,116
CORTEVA INC	4,111	5,301
CRISPR THERAPEUTICS AG	7,303	7,125
CROWN CASTLE INTL	49,728	81,700
CURTISS WRIGHT CP	3,201	3,633
CVS CAREMARK CORP	10,838	13,040
DANAHER CORP	6,162	14,270
DIAGEO PLC ADS	5,465	8,494
DIVERSIFIED HEALTHCARE TRUST	213,996	40,200
DOLLAR GENERAL CORP	6,107	5,644
DOW INC	15,178	14,065
DU PONT DE NEMOURS	11,332	10,567
DUKE ENERGY CO	31,118	37,036
DXC TECHNOLOGY COMPANY	15,053	10,885
EATON CORP PLC	11,270	13,300
ELI LILLY & CO	22,633	48,249
EQUITABLE HOLDINGS INC	12,102	16,603
EVERSOURCE ENERGYINC	4,084	4,900
EXXON MOBIL CORP	12,876	7,219
FACEBOOK INC	11,758	19,116
FIRST ENERGY CORP	38,935	30,760
FISERV INC	4,065	5,648
FIVE STAR SENIOR LIVING INC	2,512	4,895
FORD MOTOR COMPANY	6,724	7,771
GEN DYNAMICS CP	16,121	14,375
GENERAL MOTORS	6,673	7,653
GENUINE PARTS COMPANY	8,946	8,731
HDFC BANK LTD ADR	12,212	12,041
HEALTHPEAK PROPERTIES INC	7,695	7,561
HOME DEPOT INC	30,904	57,685
HONEYWELL INTL	14,732	22,077
ILLINOIS TOOL WORKS	12,092	18,062
INTEL CORP	35,427	49,792
INTERNATIONAL BUSINESS MACHINES	15,983	12,507
INTUITIVE SURGICAL	5,746	9,719
JOHNSON & JOHNSON	21,919	28,548
JOHNSON CONTROLS INTERNATIONAL PLC	12,873	15,295
JP MORGAN CHASE	43,835	66,908
KIMBERLY CLARK CORP	7,980	8,851
KKR & CO LP - 6.50 SER B PFD	99,921	103,520
KKR & CO LP SER A PFD - 6.750%	201,085	206,320
KONTOOR BRANDS INC	2,271	2,059
LAM RESEARCH CORP	2,274	4,356
LINCOLN NATIONAL CORP	10,375	8,325
LOCKHEED MARTIN CORP	31,086	35,722
LOWES COMPANIES INC	4,157	7,675
MARSH AND MCLENNAN COMPANIES INC	16,565	23,081
MATTELL INC	22,622	14,496
MCDONALD'S CORP	20,183	25,980
MEDTRONIC PLC	27,909	35,848
MERCK & CO INC	79,077	82,927
METLIFE INC	19,529	19,260
MICROSOFT CORP	325,202	1,240,522
MONDELEZ INTERNATIONAL INC	29,160	31,601
MONSTER BEVERAGE CORP	6,185	6,686
MORGAN STANLEY	17,125	27,423
MURPHY OIL CP HLDG	11,599	10,811
NATL FUEL GAS CO	11,270	10,790
NEWELL RUBBERMAID INC	10,490	13,043
NEXTERA ENERGY, INC	29,039	77,069
NOVARTIS AG ADR	8,498	11,671
NUCOR CP	10,456	13,157
OCCIDENTAL PETROLEUM CORP	25,105	6,018
OCCIDENTAL PETROLEUM WARRANTS	183	324
ORACLE CORP	4,998	5,983
PALANTIR TECHNOLOGIES INC	9,420	13,368
PAYCHEX	18,698	27,593
PAYPAL HOLDINGS, INC	3,761	8,435
PEPSICO INC	30,839	37,557
PFIZER INC	353,299	369,806
PHILIP MORRIS INTL	12,419	11,629
PHILLIPS 66	12,675	8,204
PNC FINANCIAL GROUP INC	22,349	22,246
PROCTER GAMBLE CO	18,930	19,744
PROLOGIS	17,868	20,846
QUALCOMM INC	31,744	44,852
RAYTHEON TECHNOLOGIES CORP	15,314	15,615
REALTY INCOME CORP	11,904	11,635
RELIANCE STL & ALMN	4,241	6,384
RITE AID CORP	150,436	32,863
ROCKWELL AUTOMATION INC	5,773	7,953
ROYAL DUTCH SHEL PLC SPONS ADR B	413,328	258,186
SABRA HEALTHCARE REIT INC	271,429	188,552
SEMPRA ENERGY COM	19,352	20,915
SIEMENS AG	11,198	13,150
STANLEY BLACK & DECKER INC	2,422	3,990
STARBUCKS CORP COM	16,889	31,560
SYSCO CORP	8,583	12,014
T. ROWE PRICE GROUP	6,188	7,511
TAPESTRY INC	10,032	13,755
TARGET CORPORATION	28,828	70,113
TEXAS INSTRUMENTS INC	23,928	50,370
THE COCA-COLA CO	10,288	9,919
THERMO FISHER SCIENTIFIC INC	4,313	10,194
TRAVELERS COMPANIES INC	5,469	6,679
TRUIST FINANCIAL CORPORATION	41,137	43,710
UNILEVER N V N Y	7,271	10,326
UNION PACIFIC	29,494	39,494
UNITED PARCEL SERVICE	13,011	12,090
UNITEDHEALTH GROUP INC	10,020	13,010
UNUM GROUP - PFD 6.25%	100,000	107,200
US BANCORP	18,527	15,083
V F CORP	34,186	30,748
VECTOR GROUP LTD	560,959	352,306
VENTAS INC	894,542	950,470
VEREIT INC COM	5,558,426	3,509,338
VEREIT INC PFD SER F	560,931	665,556
VERIZON COMMUNICATIONS	502,977	567,703
VIACOMCBS INC	6,154	11,398
VIATRIS ORD SHS	18,846	21,068
WAL-MART STORES INC	28,584	42,147
WALGREENS BOOTS ALLIANCE	8,924	7,186
WALT DISNEY HOLDINGS CO	14,020	19,844
WEC ENERGY GROUP, INC	14,693	22,225
WELLS FARGO & CO	13,118	14,940
WELLTOWER INC.	8,531	8,545
ZOOM VIDEO COMMUNICATIONS INC	6,894	7,441
ALLIANZ AGIC CONVERTIBLE BOND FUND A	427,847	618,140
CALAMOS CONVERTIBLE FD CL I	430,830	578,328
INVESCO S&P 500 HIGH BETA ETF	307,003	280,245
ISHARES DJ US TECH ETF	9,750	18,528
LYRICAL U.S. VALUE EQUITY FUND	516,307	479,548
POLEN GROWTH FUND INSTITUTIONAL CLASS	824,591	1,522,037
SPDR S&P 500 ETF TRUST	65,475	87,707
VANGUARD ENERGY ETF	504,752	454,817
VANGUARD SM-CAP ETF	453,819	565,386
AMERICAN FIN TR INC	1,820,635	647,098
PFD APT COMM INC	7	0

- TIN:

TY 2020 InvestmentsGovtObligationsSch

Name:

SKOLNICK FAMILY CHARITABLE TRUST

C/O EXOTIC CAR

EIN:

11-6462058

US Government Securities - End of Year Book Value:

38,998

US Government Securities - End of Year Fair Market Value:

39,000

State & Local Government Securities - End of Year Book Value:

193,079

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

242,601

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

SKOLNICK FAMILY CHARITABLE TRUST

C/O EXOTIC CAR

EIN:

11-6462058

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ADVANCED MONITORED CAREGIVING, INC	AT COST	2,500,000	2,500,000
BUSINESS DEVELOPMENT CORP OF AMERICA	AT COST	844,287	569,112
ELICIO THERAPEUTICS SERIES B	AT COST	500,000	500,000
HOSPITALITY TRUST, INC	AT COST	1,544,738	587,701
PREFERRED APARTMENT COMMUNITIES INC - PFD SER A - 6%	AT COST	726,107	750,000
X-VAX TECHNOLOGY, INC	AT COST	250,000	250,000
BLACKSTONE TOTAL ALTERNATIVES SOLUTION 2016-A L.P	AT COST	3,548,956	4,490,517
BLUMBERG CAPITAL IV LP	AT COST	3,722,623	5,274,953
BRONX 1000 HOLDINGS, LLC	AT COST	0	18,205
DOME US MULTIFAMILY FUND II LP	AT COST	167,860	1,158,122
GPB AUTOMOTIVE PORTFOLIO, L.P	AT COST	468,492	429,441
HGI DEBT PORTFOLIO SELECT 9-17, LLC	AT COST	856,936	1,079,717
HGI KFB K45 LLC	AT COST	130,920	172,815
HGI OPPORTUNITY SELECT FUND II	AT COST	209,746	245,175
ITE RAIL FUND LP	AT COST	858,734	2,155,253
NEW YORK REIT LIQUIDATING LLC	AT COST	472,523	780,000
NSC BIOTECH OPPORTUNITIES FUND, LLC	AT COST	0	250,000
PARAMOUNT CROSSINGS AT MT LAUREL, LLC	AT COST	14,514	447,400
PARAMOUNT KOMAR BLS LLC	AT COST	1,242,122	3,000,600
PARAMOUNT PAD AT MARLTON, LLC	AT COST	0	70,300
PARAMOUNT PAD AT MT. LAUREL, LLC	AT COST	0	128,200
PARAMOUNT REALTY SHOPPING CENTER FUND III, LP	AT COST	173,982	625,000
PARAMOUNT SQUARE AT UPLAND LLC	AT COST	65,250	150,000
SGS AUBURN, LLC	AT COST	595,035	2,598,267
SGS OHIO PORTFOLIO, LLC	AT COST	896,974	2,271,359
SHELBOURNE TULSA I LLC	AT COST	0	1,397,746
SUBURBAN PORTFOLIO HOLDINGS LLC	AT COST	430,955	1,588,300
SUSSEX SELECT LLC	AT COST	40,251	206,800
ADVANTAGE ADVISERS GLOBAL GROWTH LTD	AT COST	1,150,000	2,349,520
ALKEON INNOVATION OFFSHORE FUND, LTD	AT COST	455,250	478,272
ALKEON INNOVATION OFFSHORE FUND 2, LTD	AT COST	45,000	45,000
ATLAS ENHANCED FUND, LTD	AT COST	1,000,000	1,419,810
BIRCH GROVE CREDIT STRATEGIES FUND LTD	AT COST	1,500,000	1,783,662
ELECTRON GLOBAL FUND, LTD	AT COST	750,000	1,012,785
IRONWOOD INTERNATIONAL LTD	AT COST	1,790,000	2,240,038
KL SPECIAL OPPORTUNITIES FUND LTD	AT COST	1,990,808	2,342,277
SUVRETTA OFFSHORE FUND LTD	AT COST	800,000	909,571
TIG ARBITRAGE ENHANCED, LTD	AT COST	500,000	534,918
TRG GROWTH PARTNERSHIP (CAYMAN OFFSHORE) II LP	AT COST	28,588	28,889
NH2 LTD	AT COST	80,316	77,908
GENESIS ENERGY LP	AT COST	19,888	62,300
PLAINS ALL AMERICAN PIPELINE LP	AT COST	140,252	83,700

- TIN:

TY 2020 LegalFeesSchedule

Name:

SKOLNICK FAMILY CHARITABLE TRUST

C/O EXOTIC CAR

EIN:

11-6462058

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	2,461	0	0	2,461

- TIN:

TY 2020 OtherDecreasesSchedule

Name:

SKOLNICK FAMILY CHARITABLE TRUST

C/O EXOTIC CAR

EIN:

11-6462058

Description	Amount
PRIOR PERIOD ADJUSTMENT	275,564

- TIN:

TY 2020 OtherExpensesSchedule

Name:

SKOLNICK FAMILY CHARITABLE TRUST

C/O EXOTIC CAR

EIN:

11-6462058

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
MISC	1,105	1,105	0
OFFICE EXP	11,211	0	11,211
BANK CHARGES	135	135	0
STATE FILING FEES	300	0	300
ADMINISTRATIVE FEE	169,939	0	169,939

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

SKOLNICK FAMILY CHARITABLE TRUST

C/O EXOTIC CAR

EIN:

11-6462058

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
	0	0	0
K-1 INCOME NOTE 1	-642,805	-154,914	-642,805

- TIN:

TY 2020 OtherLiabilitiesSchedule

Name:

SKOLNICK FAMILY CHARITABLE TRUST

C/O EXOTIC CAR

EIN:

11-6462058

Description	Beginning of Year - Book Value	End of Year - Book Value
NEGATIVE BOOK VALUE OF OTHER INVESTMENTS	0	224,144

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

SKOLNICK FAMILY CHARITABLE TRUST

C/O EXOTIC CAR

EIN:

11-6462058

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
WEBSITE	150	0	150
HIGHTOWER ADVISORY FEE	5,829	5,829	0
UBS ADVISORY FEE	50,172	50,172	0
OPPENHEIMER ADVISORY FEE	46,180	46,180	0

- TIN:

TY 2020 TaxesSchedule

Name:

SKOLNICK FAMILY CHARITABLE TRUST

C/O EXOTIC CAR

EIN:

11-6462058

Category	Amount	Net Investment Income
FEDERAL EXCISE TAX	43,000	0
FOREIGN TAXES	329	329
STATE TAXES	45,894	45,894