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
SANZONE FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)114 W 47TH ST NY8-114-07-07 AFT
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY100361510
A Employer identification number

81-5235970
B Telephone number (see instructions)

(888) 866-3275
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$3,069,268J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 53,839 53,096  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 47,790
b Gross sales price for all assets on line 6a 591,434
7 Capital gain net income (from Part IV, line 2)... 47,790
8 Net short-term capital gain......... 0
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).......      
12 Total. Add lines 1 through 11........ 101,629 100,886  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 2,500 0 0 2,500
c Other professional fees (attach schedule).... Click to see attachment 25,352 15,211   10,141
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 957 957   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 1,235 555   680
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 30,044 16,723 0 13,321
25 Contributions, gifts, grants paid....... 66,000 66,000
26 Total expenses and disbursements. Add lines 24 and 25 96,044 16,723 0 79,321
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,585
b Net investment income (if negative, enter -0-) 84,163
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............. 2,193 2,942 2,942
2 Savings and temporary cash investments......... 81,683 62,958 62,958
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 559,057 Click to see attachment500,644 527,644
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,084,187 Click to see attachment2,168,195 2,475,724
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,727,120 2,734,739 3,069,268
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
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........ 2,727,120 2,734,739
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,727,120 2,734,739
30 Total liabilities and net assets/fund balances (see instructions). 2,727,120 2,734,739
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
2,727,120
2
Enter amount from Part I, line 27a .....................
2
5,585
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,122
4
Add lines 1, 2, and 3 ..........................
4
2,734,827
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
88
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,734,739
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 7000. AMERICAN EXPRESS CREDIT   2019-02-20 2020-02-03
b 96.08 ARTISAN GLOBAL OPPORTUNITIES FUND   2019-02-14 2020-02-19
c 135.54 ARTISAN GLOBAL OPPORTUNITIES FUND   2019-02-14 2020-05-28
d 6000. BANK OF MONTREAL   2019-02-20 2020-10-06
e 125. BLACKROCK BOND ALLOC   2020-03-09 2020-05-19
1777. BLACKROCK BOND ALLOC   2020-03-09 2020-08-25
893. BLACKROCK BOND ALLOC   2019-02-20 2020-05-19
377. BLACKROCK BOND ALLOC   2019-02-20 2020-06-01
47. BLACKROCK TARGET SHARES- BATS SERIES A   2019-02-20 2020-05-19
1719. BLACKROCK TARGET SHARES- BATS SERIES A   2019-02-20 2020-07-08
2000. BP CAP MARKETS AMERICA   2019-02-20 2020-06-01
4000. CVS HEALTH CORP   2019-02-20 2020-12-22
7000. COMCAST CORP   2019-02-20 2020-02-21
60. DELAWARE SMALL CAP CORE FUND   2019-02-14 2020-12-02
61. DOUBLELINE TOTAL RETURN BOND FUND   2019-02-28 2020-05-28
57. DOUBLELINE TOTAL RETURN BOND FUND   2019-01-31 2020-05-28
1. DOUBLELINE TOTAL RETURN BOND FUND   2018-12-31 2020-05-28
.59 DOUBLELINE TOTAL RETURN BOND FUND   2018-01-09 2020-05-28
8003.91 DOUBLELINE TOTAL RETURN BOND FUND   2018-01-09 2020-05-28
1. DOUBLELINE TOTAL RETURN BOND FUND   2019-02-28 2020-05-28
59. DOUBLELINE TOTAL RETURN BOND FUND   2018-12-31 2020-05-28
63. DOUBLELINE TOTAL RETURN BOND FUND   2019-03-29 2020-05-28
61. DOUBLELINE TOTAL RETURN BOND FUND   2019-04-30 2020-05-28
.1 DOUBLELINE TOTAL RETURN BOND FUND   2019-04-30 2020-05-28
1. DOUBLELINE TOTAL RETURN BOND FUND   2019-04-30 2020-05-28
171. DOUBLELINE TOTAL RETURN BOND FUND   2018-04-09 2020-05-28
2000. DOWDUPONT INC   2019-02-20 2020-05-19
7000. DOWDUPONT INC   2019-02-20 2020-11-16
107.58 EATON VANCE RCHRD BRSTN   2018-04-05 2020-02-19
157. EATON VANCE RCHRD BRSTN   2018-04-05 2020-12-02
2000. ENTERPRISE PRODUCTS OPER   2019-02-20 2020-05-19
659.89 FHLMC G0 8784 03 50%2047   2020-01-15 2020-01-15
606.81 FHLMC G0 8784 03 50%2047   2020-02-18 2020-02-18
785.43 FHLMC G0 8784 03 50%2047   2020-03-16 2020-03-16
1091.65 FHLMC G0 8784 03 50%2047   2020-04-15 2020-04-15
1721.87 FHLMC G0 8784 03 50%2047   2020-05-15 2020-05-15
8000. FHLMC G0 8784 03 50%2047   2019-02-20 2020-05-19
1575.23 FHLMC G0 8784 03 50%2047   2020-06-15 2020-06-15
1637.57 FHLMC G0 8784 03 50%2047   2020-07-15 2020-07-15
1431.8 FHLMC G0 8784 03 50%2047   2020-08-17 2020-08-17
1404.84 FHLMC G0 8784 03 50%2047   2020-09-15 2020-09-15
1428.01 FHLMC G0 8784 03 50%2047   2020-10-15 2020-10-15
1392.44 FHLMC G0 8784 03 50%2047   2020-11-16 2020-11-16
1193.12 FHLMC G0 8784 03 50%2047   2020-12-15 2020-12-15
388.92 FHLMC G0 8741 03%2047   2020-01-15 2020-01-15
333.91 FHLMC G0 8741 03%2047   2020-02-18 2020-02-18
388.64 FHLMC G0 8741 03%2047   2020-03-16 2020-03-16
602.6 FHLMC G0 8741 03%2047   2020-04-15 2020-04-15
806.25 FHLMC G0 8741 03%2047   2020-05-15 2020-05-15
2000. FHLMC G0 8741 03%2047   2019-02-20 2020-05-19
769.64 FHLMC G0 8741 03%2047   2020-06-15 2020-06-15
945.27 FHLMC G0 8741 03%2047   2020-07-15 2020-07-15
1131.76 FHLMC G0 8741 03%2047   2020-08-17 2020-08-17
1191.27 FHLMC G0 8741 03%2047   2020-09-15 2020-09-15
1279.68 FHLMC G0 8741 03%2047   2020-10-15 2020-10-15
1341.63 FHLMC G0 8741 03%2047   2020-11-16 2020-11-16
1102.69 FHLMC G0 8741 03%2047   2020-12-15 2020-12-15
184.93 FHLMC G1 8684 03%2033   2020-01-15 2020-01-15
181.67 FHLMC G1 8684 03%2033   2020-02-18 2020-02-18
140.61 FHLMC G1 8684 03%2033   2020-03-16 2020-03-16
221.02 FHLMC G1 8684 03%2033   2020-04-15 2020-04-15
314.15 FHLMC G1 8684 03%2033   2020-05-15 2020-05-15
329.26 FHLMC G1 8684 03%2033   2020-06-15 2020-06-15
369.79 FHLMC G1 8684 03%2033   2020-07-15 2020-07-15
335.7 FHLMC G1 8684 03%2033   2020-08-17 2020-08-17
343.77 FHLMC G1 8684 03%2033   2020-09-15 2020-09-15
329.28 FHLMC G1 8684 03%2033   2020-10-15 2020-10-15
296.26 FHLMC G1 8684 03%2033   2020-11-16 2020-11-16
261.86 FHLMC G1 8684 03%2033   2020-12-15 2020-12-15
31.82 FHLMC SD 8107 02 50%2050   2020-11-25 2020-11-25
46.79 FHLMC SD 8107 02 50%2050   2020-12-28 2020-12-28
593.46 FNMA PMA3521 04%2048   2020-01-27 2020-01-27
479.04 FNMA PMA3521 04%2048   2020-02-25 2020-02-25
515.89 FNMA PMA3521 04%2048   2020-03-25 2020-03-25
747.26 FNMA PMA3521 04%2048   2020-04-27 2020-04-27
900.72 FNMA PMA3521 04%2048   2020-05-26 2020-05-26
836.36 FNMA PMA3521 04%2048   2020-06-25 2020-06-25
829.25 FNMA PMA3521 04%2048   2020-07-27 2020-07-27
688.61 FNMA PMA3521 04%2048   2020-08-25 2020-08-25
640.91 FNMA PMA3521 04%2048   2020-09-25 2020-09-25
608.58 FNMA PMA3521 04%2048   2020-10-26 2020-10-26
551.46 FNMA PMA3521 04%2048   2020-11-25 2020-11-25
497.06 FNMA PMA3521 04%2048   2020-12-28 2020-12-28
1857.99 OAKMARK INTERNATIONAL FUND   2018-01-09 2020-05-28
330. OAKMARK INTERNATIONAL FUND   2018-12-13 2020-05-28
1. OAKMARK INTERNATIONAL FUND   2018-12-13 2020-05-28
.67 OAKMARK INTERNATIONAL FUND   2018-01-09 2020-05-28
175. OAKMARK INTERNATIONAL FUND   2020-02-19 2020-05-28
271. OAKMARK INTERNATIONAL FUND   2020-05-18 2020-05-28
10. ISHARES CORE S&P MID-CAP ETF   2019-02-14 2020-12-02
38.67 ISHARES CORE MSCI EAFE ETF   2018-01-08 2020-12-02
.33 ISHARES CORE MSCI EAFE ETF   2018-01-08 2020-12-02
87. ISHARES CORE MSCI EMERGING MARKETS ETF   2019-02-14 2020-12-02
7000. JPMORGAN CHASE & CO   2019-02-20 2020-10-15
2000. JPMORGAN CHASE & CO   2019-02-20 2020-06-01
644.23 JP MORGAN STRATEGIC   2019-02-14 2020-05-28
429.25 JPMORGAN LARGE CAP GROWTH FUND   2019-02-14 2020-02-19
252.67 JPMORGAN LARGE CAP GROWTH FUND   2019-02-14 2020-05-28
337. JPMORGAN LARGE CAP GROWTH FUND   2019-02-14 2020-12-02
68.96 LAZARD GL LISTED   2019-02-14 2020-02-19
105. MFS INTERNATIONAL DIVERSIFICATION FUND   2020-05-28 2020-12-02
436. MATTHEWS ASIA DIVIDEND FUND   2018-01-09 2020-12-02
2000. MORGAN STANLEY   2019-07-12 2020-05-19
137. NEUBERGER BERMAN MULTI-CAP OPPS FUND   2019-02-14 2020-12-02
2000. ORACLE CORP   2019-02-20 2020-05-19
8000. ORACLE CORP   2019-02-20 2020-11-18
491. SPDR GOLD TRUST   2020-05-28 2020-06-10
491. SPDR GOLD TRUST   2020-05-28 2020-07-10
491. SPDR GOLD TRUST   2020-05-28 2020-08-11
491. SPDR GOLD TRUST   2020-05-28 2020-09-15
491. SPDR GOLD TRUST   2020-05-28 2020-10-15
491. SPDR GOLD TRUST   2020-05-28 2020-11-17
491. SPDR GOLD TRUST   2020-05-28 2020-12-04
1000. U.S. TREASURY NOTE   2019-02-20 2020-05-19
1000. U.S. TREASURY NOTE   2019-02-20 2020-06-01
19000. U.S. TREASURY NOTE   2019-02-20 2020-08-17
7000. U.S. TREASURY NOTE   2019-02-20 2020-03-02
1000. U.S. TREASURY NOTE   2019-02-20 2020-05-19
1000. U.S. TREASURY NOTE   2019-02-20 2020-01-16
1000. U.S. TREASURY NOTE   2019-02-20 2020-05-19
1000. U.S. TREASURY NOTE   2019-02-20 2020-06-01
5000. U.S. TREASURY NOTE   2019-05-15 2020-01-16
6000. U.S. TREASURY NOTE   2019-04-12 2020-01-16
15000. U.S. TREASURY NOTE   2019-05-15 2020-02-06
5000. U.S. TREASURY NOTE   2019-05-15 2020-03-06
1000. U.S. TREASURY NOTE   2019-05-15 2020-05-19
6000. U.S. TREASURY NOTE   2019-05-15 2020-10-21
2000. U.S. TREASURY NOTE   2019-06-06 2020-10-21
2000. U.S. TREASURY NOTE   2019-02-20 2020-05-19
1000. U.S. TREASURY NOTE   2019-02-20 2020-06-01
2000. U.S. TRSY INFLATION NTE   2019-02-20 2020-05-19
1000. U.S. TREASURY NOTE   2019-02-20 2020-01-16
3000. U.S. TREASURY NOTE   2019-02-20 2020-05-19
1000. U.S. TREASURY NOTE   2019-02-20 2020-06-01
1000. U.S. TREASURY NOTE   2019-08-07 2020-05-19
18000. U.S. TREASURY NOTE   2019-02-20 2020-01-16
2000. U.S. TREASURY NOTE   2019-12-03 2020-05-19
1000. U.S. TREASURY NOTE   2019-12-03 2020-06-01
3000. U.S. TREASURY NOTE   2020-01-16 2020-05-19
1000. U.S. TREASURY NOTE   2020-01-16 2020-06-01
7000. UNITED TECHNOLOGIES CORP   2019-02-20 2020-02-28
2000. UNITED TECHNOLOGIES CORP   2019-02-20 2020-03-06
9. VANGUARD DIVIDEND APPRECIATION ETF   2019-02-14 2020-02-19
2. VANGUARD DIVIDEND APPRECIATION ETF   2019-02-14 2020-12-02
12. VANGUARD S&P 500 ETF   2019-02-14 2020-02-19
9. VANGUARD S&P 500 ETF   2019-02-14 2020-12-02
17. VANGUARD REAL ESTATE ETF   2019-02-14 2020-02-19
15. VANGUARD SMALL-CAP ETF   2019-02-14 2020-12-02
6000. VERIZON COMMUNICATIONS   2019-02-20 2020-06-29
.66 VIRTUS EMERGING MARKETS   2018-01-09 2020-12-02
1002.34 VIRTUS EMERGING MARKETS   2018-01-09 2020-12-02
2000. WALMART INC   2019-02-20 2020-06-01
2000. WELLS FARGO & COMPANY   2019-02-20 2020-05-19
CAPITAL GAIN DIVIDENDS P    
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(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 7,000   6,957 43
b 2,831   2,338 493
c 3,938   3,298 640
d 6,089   6,005 84
e 1,369   1,400 -31
20,436   19,902 534
8,859   8,484 375
3,751   3,582 169
444   468 -24
16,760   17,104 -344
2,206   2,003 203
4,163   4,012 151
7,211   7,059 152
1,546   1,313 233
649   636 13
606   596 10
11   10 1
6   6  
85,162   84,681 481
11   10 1
628   615 13
670   663 7
649   641 8
1   1  
11   10 1
1,819   1,792 27
2,026   2,007 19
7,000   7,000  
1,847   1,842 5
2,934   2,688 246
2,186   2,025 161
660   660  
607   607  
785   785  
1,092   1,092  
1,722   1,722  
5,582   5,499 83
1,575   1,575  
1,638   1,638  
1,432   1,432  
1,405   1,405  
1,428   1,428  
1,392   1,392  
1,193   1,193  
389   389  
334   334  
389   389  
603   603  
806   806  
1,454   1,400 54
770   770  
945   945  
1,132   1,132  
1,191   1,191  
1,280   1,280  
1,342   1,342  
1,103   1,103  
185   185  
182   182  
141   141  
221   221  
314   314  
329   329  
370   370  
336   336  
344   344  
329   329  
296   296  
262   262  
32   32  
47   47  
593   593  
479   479  
516   516  
747   747  
901   901  
836   836  
829   829  
689   689  
641   641  
609   609  
551   551  
497   497  
33,890   54,605 -20,715
6,019   6,963 -944
18   22 -4
12   20 -8
3,192   4,197 -1,005
4,943   4,547 396
2,187   1,896 291
2,621   2,629 -8
22   22  
5,205   4,417 788
7,000   7,000  
2,191   1,966 225
7,273   7,402 -129
19,728   16,161 3,567
11,456   9,513 1,943
20,550   12,688 7,862
1,163   995 168
2,461   1,997 464
9,514   8,816 698
2,316   2,177 139
2,536   2,407 129
2,052   2,001 51
8,130   8,003 127
26   26  
25   24 1
28   24 4
31   27 4
29   26 3
31   28 3
29   27 2
1,003   985 18
1,003   985 18
19,000   18,718 282
7,000   6,980 20
1,067   1,004 63
1,054   1,005 49
1,123   1,004 119
1,124   1,004 120
5,347   5,099 248
6,416   6,038 378
16,256   15,295 961
5,820   5,097 723
1,168   1,019 149
6,942   6,110 832
2,314   2,078 236
2,171   1,972 199
1,087   986 101
2,307   2,166 141
995   939 56
3,205   2,816 389
1,070   939 131
1,016   993 23
18,098   18,009 89
2,041   1,999 42
1,020   999 21
3,109   3,004 105
1,037   1,001 36
7,347   7,064 283
2,172   2,018 154
1,177   964 213
278   214 64
3,736   3,032 704
3,026   2,274 752
1,672   1,427 245
2,751   2,291 460
6,189   6,077 112
8   8  
12,860   12,429 431
2,172   2,031 141
2,149   1,986 163
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
      41,082
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       43
b       493
c       640
d       84
e       -31
      534
      375
      169
      -24
      -344
      203
      151
      152
      233
      13
      10
      1
       
      481
      1
      13
      7
      8
       
      1
      27
      19
       
      5
      246
      161
       
       
       
       
       
      83
       
       
       
       
       
       
       
       
       
       
       
       
      54
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
      -20,715
      -944
      -4
      -8
      -1,005
      396
      291
      -8
       
      788
       
      225
      -129
      3,567
      1,943
      7,862
      168
      464
      698
      139
      129
      51
      127
       
      1
      4
      4
      3
      3
      2
      18
      18
      282
      20
      63
      49
      119
      120
      248
      378
      961
      723
      149
      832
      236
      199
      101
      141
      56
      389
      131
      23
      89
      42
      21
      105
      36
      283
      154
      213
      64
      704
      752
      245
      460
      112
       
      431
      141
      163
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 47,790
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 1,170
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 1,170
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 1,170
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,160
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,160
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 10
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
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.
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)
    bulletDE
    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
    Yes
     
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletBANK OF AMERICA NA Telephone no.bullet (212) 852-3049

    Located atbullet114 WEST 47TH STREET NY8-114-07-07NEW YORKNY ZIP+4bullet100361510
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    THOMAS J SANZONE DIRECTOR
    1     		0    
    24725 HARBOUR VIEW DR
    PONTE VEDRA,FL320821509
    LISA SANZONE DIRECTOR
    1     		0    
    24725 HARBOUR VIEW DR
    PONTE VEDRA,FL320821509
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    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)
    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
    2,735,753
    b
    Average of monthly cash balances.......................
    1b
    63,353
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,799,106
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,799,106
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    41,987
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,757,119
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    137,856
    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
    137,856
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,170
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,170
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    136,686
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    136,686
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    136,686
    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
    79,321
    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
    79,321
    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
    79,321
    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 7 136,686
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 144,657
    d From 2018...... 43,001
    e From 2019...... 18,966
    fTotal of lines 3a through e........ 206,624
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 79,321
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 79,321
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 57,365 57,365
    (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 5 149,259
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		149,259
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 87,292
    c Excess from 2018.... 43,001
    d Excess from 2019.... 18,966
    e Excess from 2020....  
    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).)
    THOMAS J SANZONE
    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.
    NONE
    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
    TUNNEL 2 TOWERS FOUNDATION
    2361 HYLAN BOULEVARD
    STATEN ISLAND,NY10306     		N/A PC UNRESTRICTED GENERAL 5,000
    HOFSTRA UNIVERSITY
    128 HOFSTRA UNIVERSITY
    HEMPSTEAD,NY11549     		N/A PC UNRESTRICTED GENERAL 10,000
    AMERICAN SPCA
    424 E 92ND STREET
    NEW YORK,NY10128     		N/A PC UNRESTRICTED GENERAL 5,000
    GUIDING EYES FOR THE BLIND INC
    611 GRANITE SPRINGS ROAD
    YORKTOWN HEIGHTS,NY105983411     		N/A PC UNRESTRICTED GENERAL 2,000
    JERSEY BATTERED WOMEN'S SERVICE
    PO BOX 1437
    MORRISTOWN,NJ07962     		N/A PC UNRESTRICTED GENERAL 2,500
    BEST FRIENDS ANIMAL SOCIETY
    5001 ANGEL CANYON ROAD
    KANAB,UT847410567     		N/A PC UNRESTRICTED GENERAL 2,000
    SAFE PET RESCUE
    PO BOX 840215
    ST AUGUSTINE,FL32080     		N/A PC UNRESTRICTED GENERAL 2,000
    COMPANIONS FOR HEROES
    300 COLONIAL CENTER PKWY
    ROSWELL,GA300764892     		N/A PC UNRESTRICTED GENERAL 2,000
    VESTED INTEREST IN K-9'S
    PO BOX 1201
    MERRIFIELD,VA221161201     		N/A PC UNRESTRICTED GENERAL 2,000
    NEW YORK BULLY CREW
    1457 MONTAUK HWY
    E PATCHOGUE,NY117725322     		N/A PC UNRESTRICTED GENERAL 3,000
    CHILDRENS ENVIRONMENTAL LITERACY FDN
    41 OLD LYME ROAD
    CHAPPAQUA,NY105143805     		N/A PC UNRESTRICTED GENERAL 4,000
    TWIN OAKS HORSE SANCTUARY
    PO BOX 284
    LAKE GROVE,NY11755     		N/A PC UNRESTRICTED GENERAL 2,000
    WARRIOR DOG FOUNDATION
    5930 ROYAL LANE
    DALLAS,TX75230     		N/A PC UNRESTRICTED GENERAL 2,000
    JACKSONVILLE HUMANE SOCIETY
    8464 BEACH BLVD
    JACKSONVILLE,FL322163131     		N/A PC UNRESTRICTED GENERAL 10,000
    BETTY GRIFFIN CENTER
    2450 OLD MOUTLRIE ROAD
    ST AUGUSTINE,FL32086     		N/A PC UNRESTRICTED GENERAL 2,500
    CATHEDRAL ARTS PROJECT INC
    207 N LAURA STREET STE 300
    JACKSONVILLE,FL322023508     		N/A PC UNRESTRICTED GENERAL 10,000
    Total .................................bullet 3a 66,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 53,839  
    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 47,790  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   101,629  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    101,629
    (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:
    SANZONE FAMILY FOUNDATION
    EIN:
    81-5235970
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE 2,500     2,500

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    SANZONE FAMILY FOUNDATION
    EIN:
    81-5235970
    Name of Bond End of Year Book Value End of Year Fair Market Value
    31418C4F8 FNMA PMA3521 04% 6,533 6,808
    38141GGQ1 GOLDMAN SACHS GROUP 9,102 9,253
    9128286A3 U.S. TREASURY NOTE 29,924 32,299
    20030NCQ2 COMCAST CORP    
    06367T4W7 BANK OF MONTREAL    
    10373QBE9 BP CAP MARKETS AMERI 6,124 6,727
    6174468G7 MORGAN STANLEY 12,044 13,381
    9128282Q2 U.S. TREASURY NOTE    
    9128283Y4 U.S. TREASURY NOTE    
    913017DB2 UNITED TECHNOLOGIES    
    337738AU2 FISERV INC 7,007 7,993
    46625HHU7 JPMORGAN CHASE & CO    
    494550BL9 KINDER MORGAN ENER P 7,062 7,346
    666807BQ4 NORTHROP GRUMMAN COR 6,869 7,265
    94974BGA2 WELLS FARGO & COMPAN 9,033 9,857
    3128MJZF0 FHLMC G0 8741 03% 21,750 23,319
    912828N71 U.S. TRSY INFLATION 8,853 9,785
    9128284A5 U.S. TREASURY NOTE 8,026 8,429
    26078JAA8 DOWDUPONT INC    
    912828R36 U.S. TREASURY NOTE 47,572 51,109
    931142EK5 WALMART INC 5,064 5,370
    126650CV0 CVS HEALTH CORP 3,072 3,209
    3128MJ2S8 FHLMC G0 8784 03 50% 16,668 17,574
    46647PAF3 JPMORGAN CHASE & CO 3,932 4,564
    571748BG6 MARSH & MCLENNAN COS 6,176 7,305
    912828Y46 U.S. TREASURY NOTE    
    92343VAX2 VERIZON COMMUNICATIO    
    29379VBE2 ENTERPRISE PRODUCTS 6,174 6,718
    68389XBA2 ORACLE CORP    
    912828G38 U.S. TREASURY NOTE 32,445 34,473
    912828T67 U.S. TREASURY NOTE 17,897 18,167
    912828YT1 U.S. TREASURY NOTE 33,068 33,413
    9128285W6 U.S. TRSY INFLATION 7,302 8,483
    9128285X4 U.S. TREASURY NOTE 7,000 7,012
    9128286B1 U.S. TREASURY NOTE 26,586 27,551
    94974BFY1 WELLS FARGO & COMPAN 5,035 5,732
    037833AK6 APPLE INC 6,881 7,343
    14040HBW4 CAPITAL ONE FINANCIA 4,820 5,762
    172967LC3 CITIGROUP INC 6,963 7,151
    023135AZ9 AMAZON.COM INC 9,938 10,822
    0258M0EE5 AMERICAN EXPRESS CRE    
    3128MMXN8 FHLMC G1 8684 03% 5,779 6,050
    92343VER1 VERIZON COMMUNICATIO 7,232 7,225
    65339KBR0 NEXTERA ENERGY CAPIT 7,372 7,339
    20030NDN8 COMCAST CORP 6,972 6,953
    126650DM9 CVS HEALTH CORP 6,981 7,032
    68389XBV6 ORACLE CORP 8,926 8,945
    00287YAQ2 ABBVIE INC 7,747 7,799
    037833DU1 APPLE INC 7,152 7,209
    125523CL2 CIGNA CORP 7,273 7,464
    3132DWAG8 FHLMC SD 8107 02 50% 8,287 8,358
    3132DV6K6 FHLMC SD 8074 03% 5,841 5,823
    912828YW4 U.S. TREASURY NOTE 42,162 43,227

    TY 2020 InvestmentsOtherSchedule2
    Name:
    SANZONE FAMILY FOUNDATION
    EIN:
    81-5235970
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    09260B382 BLACKROCK STRATEGIC      
    258620103 DOUBLELINE TOTAL RET AT COST 142,042 143,563
    464287457 ISHARES 1-3 YEAR TRE      
    92828W361 VIRTUS EMERGING MARK AT COST 152,729 169,737
    277902573 EATON VANCE RCHRD BR AT COST 84,854 92,709
    413838731 OAKMARK INTERNATIONA      
    46432F842 ISHARES CORE MSCI EA AT COST 154,199 159,137
    577125107 MATTHEWS ASIA PACIFI      
    72201M438 PIMCO ALL ASSET ALL      
    921946406 VANGUARD HIGH DVD YI      
    4812C0530 JPMORGAN LARGE CAP G AT COST 141,589 226,167
    46434G103 ISHARES CORE MSCI EM AT COST 55,071 68,058
    922908363 VANGUARD S&P 500 ETF AT COST 117,384 159,128
    464287507 ISHARES CORE S&P MID AT COST 81,142 99,287
    577130750 MATTHEWS ASIA DIVIDE AT COST 90,390 103,792
    922908553 VANGUARD REAL ESTATE AT COST 28,013 28,791
    922908751 VANGUARD SMALL-CAP E AT COST 52,966 68,138
    092480201 BLACKROCK BOND ALLOC AT COST 163,931 168,701
    64122Q309 NEUBERGER BERMAN MUL AT COST 58,805 51,862
    72201M867 PIMCO ALL ASSET FUND AT COST 55,824 60,808
    092480706 BLACKROCK TARGET SHA      
    09251M504 BLACKROCK EQTY DIVID AT COST 247,660 250,782
    52106N459 LAZARD GL LISTED AT COST 53,014 53,893
    04314H691 ARTISAN GLOBAL OPPOR AT COST 67,381 100,420
    4812A4351 JP MORGAN STRATEGIC AT COST 171,688 171,819
    24610B859 DELAWARE SMALL CAP C AT COST 53,565 66,534
    921908844 VANGUARD DIVIDEND AP AT COST 48,017 63,103
    092480300 BLACKROCK BOND TARGE AT COST 17,577 17,695
    55273G298 MFS INTERNATIONAL DI AT COST 50,974 64,025
    78463V107 SPDR GOLD TRUST AT COST 79,380 87,575

    TY 2020 OtherDecreasesSchedule
    Name:
    SANZONE FAMILY FOUNDATION
    EIN:
    81-5235970
    Description Amount
    ACCRUED INTEREST ADJUSTMENT 88


    TY 2020 OtherExpensesSchedule
    Name:
    SANZONE FAMILY FOUNDATION
    EIN:
    81-5235970
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSES-DIVIDEND I 357 357   0
    INVSTMT EXPENSE 198 198   0
    OTHER CHARITABLE EXPENSES 680 0   680


    TY 2020 OtherIncreasesSchedule
    Name:
    SANZONE FAMILY FOUNDATION
    EIN:
    81-5235970
    Description Amount
    INCOME ADJUSTMENT 348
    COST ADJUSTMENT 1,774


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    SANZONE FAMILY FOUNDATION
    EIN:
    81-5235970
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMNT MNGMNT FEES (NON-DED 25,352 15,211   10,141


    TY 2020 TaxesSchedule
    Name:
    SANZONE FAMILY FOUNDATION
    EIN:
    81-5235970
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 735 735   0
    FOREIGN TAXES ON NONQUALIFIED 222 222   0