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 07-01-2020 , and ending 06-30-2021
Name of foundation
THE STEPHEN & ELISABETH FRANK FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)60 EDGEWATER DRIVE APT 16E
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CORAL GABLES, FL33133
A Employer identification number

27-0453411
B Telephone number (see instructions)

(786) 693-6300
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$3,381,443J 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... 29,533 29,533  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 212,898
b Gross sales price for all assets on line 6a 960,175
7 Capital gain net income (from Part IV, line 2)... 212,898
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).......      
12 Total. Add lines 1 through 11........ 242,431 242,431  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,650 4,650   0
c Other professional fees (attach schedule).... Click to see attachment 6,263 6,263   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 147 147   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2 2   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 11,062 11,062   0
25 Contributions, gifts, grants paid....... 189,875 189,875
26 Total expenses and disbursements. Add lines 24 and 25 200,937 11,062   189,875
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 41,494
b Net investment income (if negative, enter -0-) 231,369
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 8    
2 Savings and temporary cash investments......... 4,231 19,995 19,995
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 460,866 Click to see attachment408,993 705,252
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,822,889 Click to see attachment1,899,640 2,656,196
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) 2,287,994 2,328,628 3,381,443
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 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........ 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 2,287,994 2,328,628
29 Total net assets or fund balances (see instructions)..... 2,287,994 2,328,628
30 Total liabilities and net assets/fund balances (see instructions). 2,287,994 2,328,628
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
2,287,994
2
Enter amount from Part I, line 27a .....................
2
41,494
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,329,488
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
860
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,328,628
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 ALIBABA GROUP HOLDINGS LTD P 2016-06-27 2021-01-04
b ALIBABA GROUP HOLDINGS LTD P 2016-06-27 2021-01-11
c ALLEGION PLC ORD SHS P 2018-06-14 2020-08-04
d ALPHABET INC CLASS C P 2015-10-09 2020-07-15
e ALPHABET INC CLASS C P 2015-11-03 2020-07-15
AMAZON.COM INC P 2016-09-13 2020-07-15
AMAZON.COM INC P 2016-08-23 2020-07-15
AMEREN CORP P 2018-09-10 2020-07-15
AMEREN CORP P 2018-09-10 2020-11-20
AMEREN CORP P 2018-09-10 2021-03-23
AMERICAN TOWER CORP P 2018-12-20 2020-07-15
AMERICAN WATER WORKS CO P 2013-06-11 2020-07-15
AMERICAN WATER WORKS CO P 2013-06-11 2020-11-20
AMERICAN WATER WORKS CO P 2013-06-11 2021-03-23
AMPHENOL CORP P 2019-09-12 2020-11-20
AMPHENOL CORP P 2019-09-12 2021-05-27
ANSYS INC P 2018-06-14 2020-10-14
ANSYS INC P 2018-06-14 2021-03-23
APPLE INC P 2013-09-16 2020-07-15
APPLE INC P 2013-09-16 2020-10-14
APPLE INC P 2013-09-16 2020-11-20
APPLE INC P 2013-09-16 2021-03-23
APPLE INC P 2020-04-06 2021-05-27
APTARGROUP INC P 2018-11-05 2021-02-26
APTARGROUP INC P 2018-12-12 2021-03-23
APTARGROUP INC P 2019-01-04 2021-06-22
APTARGROUP INC P 2020-03-31 2021-06-22
BANK OF AMERICA CORP P 2019-11-04 2020-11-20
BANK OF AMERICA CORP P 2019-11-04 2021-03-23
BANK OF AMERICA CORP P 2019-11-04 2021-05-27
BLACKROCK INC P 2018-05-24 2021-02-10
BLACKROCK INC P 2018-07-13 2021-02-10
BLACKSTONE GROUP INC P 2020-02-27 2021-03-23
BLACKSTONE GROUP INC P 2020-02-27 2021-05-27
BURLINGTON STORES INC P 2019-08-21 2020-10-14
BURLINGTON STORES INC P 2020-03-31 2021-04-08
CHARTER COMMUNICATIONS INC P 2019-11-04 2021-05-27
CHUBB LIMITED P 2014-03-28 2020-07-15
CITIGROUP INC P 2020-02-20 2021-03-23
CITIGROUP INC P 2012-08-20 2021-03-23
CITIGROUP INC P 2020-03-31 2021-05-27
CITIGROUP INC P 2020-03-31 2021-05-27
CMC MATERIALS INC P 2019-11-06 2021-03-23
CMC MATERIALS INC P 2020-01-08 2021-06-07
CME GROUP INC P 2018-10-04 2020-09-02
CME GROUP INC P 2018-11-14 2020-09-02
CONOCOPHILLIPS P 2015-01-15 2020-07-15
CONOCOPHILLIPS P 2015-01-15 2020-10-14
CONOCOPHILLIPS P 2012-02-03 2021-03-23
CONOCOPHILLIPS P 2012-02-14 2021-03-23
CONOCOPHILLIPS P 2012-02-03 2021-05-27
CONOCOPHILLIPS P 2012-02-03 2021-05-27
COOPER COS INC P 2018-06-14 2021-03-23
DANAHER CORP P 2017-01-09 2020-07-15
DANAHER CORP P 2017-01-09 2020-10-14
DANAHER CORP P 2017-01-09 2020-11-10
DANAHER CORP P 2017-01-09 2020-11-20
DANAHER CORP P 2017-01-09 2021-01-04
DANAHER CORP P 2017-01-05 2021-01-04
DANAHER CORP P 2020-03-31 2021-05-27
DOLLARAMA INC P 2019-08-13 2020-10-14
DOLLARAMA INC P 2019-06-21 2021-03-23
DOVER CORP P 2018-06-14 2020-07-15
EQUIFAX INC P 2019-06-21 2020-07-15
EQUIFAX INC P 2020-04-28 2021-06-07
FACEBOOK INC-A P 2019-03-04 2020-07-15
FACEBOOK INC-A P 2019-08-12 2021-03-23
FACEBOOK INC-A P 2019-08-12 2021-05-27
FIDELITY NATL INFO SVCS P 2018-05-03 2020-07-15
FIDELITY NATL INFO SVCS P 2019-08-12 2021-02-05
FIDELITY NATL INFO SVCS P 2017-01-20 2021-02-08
FIDELITY NATL INFO SVCS P 2017-01-19 2021-02-08
FIDELITY NATL INFO SVCS P 2017-01-19 2021-02-09
FIDELITY NATL INFO SVCS P 2017-02-07 2021-02-09
FORTIVE CO P 2017-05-19 2020-07-15
FORTIVE CO P 2017-05-19 2021-03-23
FORTIVE CO P 2017-05-19 2021-04-21
FORTIVE CO P 2017-04-13 2021-04-21
FORTIVE CO P 2020-03-31 2021-04-21
HEALTH CARE SELECT SPDR P 2019-11-08 2021-01-08
HILTON WORLDWIDE HOLDINGS P 2020-03-06 2021-05-27
HOME DEPOT P 2017-01-19 2020-07-15
HOME DEPOT P 2017-01-19 2020-11-10
HOME DEPOT P 2020-03-31 2021-04-21
IAA INC P 2019-04-22 2020-10-14
IAA INC P 2018-06-14 2020-10-14
IAA INC P 2018-06-14 2020-11-17
IAA INC P 2019-10-15 2020-11-17
IAA INC P 2018-06-14 2021-01-13
IAA INC P 2018-06-14 2021-01-13
IAA INC P 2019-03-06 2021-03-23
IDEX CORP P 2018-06-14 2020-10-28
IDEX CORP P 2018-06-14 2020-11-20
INGREDION INC P 2018-06-14 2020-08-19
INGREDION INC P 2018-06-14 2020-08-19
IQVIA HOLDINGS INC P 2019-09-12 2021-04-22
IQVIA HOLDINGS INC P 2019-09-12 2021-05-27
L3 HARRIS TECHNOLOGIES INC P 2018-06-14 2021-04-08
L3 HARRIS TECHNOLOGIES INC P 2018-11-02 2021-04-08
LAB CORP OF AMER HLDGS NEW P 2018-06-14 2020-11-20
LAB CORP OF AMER HLDGS NEW P 2018-06-14 2021-04-09
LVMH MOET HENNESSY VUITTON P 2020-02-07 2021-03-23
MICROSOFT CORP P 2019-03-04 2020-07-15
MICROSOFT CORP P 2016-12-19 2020-10-14
MICROSOFT CORP P 2016-12-19 2021-03-04
MICROSOFT CORP P 2016-12-19 2021-03-23
MICROSOFT CORP P 2020-03-31 2021-05-27
MICROSOFT CORP P 2020-03-31 2021-05-27
NASDAQ INC. P 2018-06-14 2020-07-15
NASDAQ INC. P 2018-06-14 2020-09-17
NASDAQ INC. P 2018-06-14 2020-10-14
NASDAQ INC. P 2018-06-14 2021-02-04
NASDAQ INC. P 2018-06-14 2021-03-23
NIKE INC CL B P 2018-04-05 2020-07-15
NIKE INC CL B P 2020-02-27 2021-03-23
NIKE INC CL B P 2020-02-27 2021-05-27
OW LARGE CAP STRATEGIES FD P 2013-09-25 2020-07-16
OW LARGE CAP STRATEGIES FD P 2013-09-25 2020-07-16
OW LARGE CAP STRATEGIES FD P 2013-09-25 2020-11-20
OW LARGE CAP STRATEGIES FD P 2019-12-10 2021-02-05
OW LARGE CAP STRATEGIES FD P 2019-12-10 2021-02-10
OW LARGE CAP STRATEGIES FD P 2019-12-10 2021-05-28
OW LARGE CAP STRATEGIES FD P 2020-03-31 2021-05-28
OW MULTI-ASSET OPPS FUND P 2012-04-10 2020-09-30
OW MULTI-ASSET OPPS FUND P 2012-04-10 2020-09-30
OW MULTI-ASSET OPPS FUND P 2018-12-21 2020-09-30
OW SMALL & MIDCAP STRAT FD P 2018-12-20 2020-07-16
OW SMALL & MIDCAP STRAT FD P 2018-12-20 2020-10-15
OW SMALL & MIDCAP STRAT FD P 2018-12-20 2020-11-20
OW SMALL & MIDCAP STRAT FD P 2018-12-20 2021-02-10
PEPSICO INC P 2017-01-19 2020-07-15
PEPSICO INC P 2015-06-22 2020-07-15
PEPSICO INC P 2015-06-22 2021-03-23
PEPSICO INC P 2020-03-31 2021-05-27
PIONEER NATURAL RESOURCES P 2018-06-22 2020-07-15
RENTOKIL INITIAL PLC P 2019-04-29 2020-07-15
RENTOKIL INITIAL PLC P 2019-08-14 2020-10-14
RENTOKIL INITIAL PLC P 2019-04-24 2021-02-04
RENTOKIL INITIAL PLC P 2019-08-14 2021-02-04
RENTOKIL INITIAL PLC P 2019-04-29 2021-02-04
RENTOKIL INITIAL PLC P 2019-04-24 2021-03-23
RENTOKIL INITIAL PLC P 2020-04-07 2021-06-07
RENTOKIL INITIAL PLC P 2019-04-24 2021-06-08
RENTOKIL INITIAL PLC P 2020-04-07 2021-06-08
RENTOKIL INITIAL PLC P 2019-04-25 2021-06-08
RENTOKIL INITIAL PLC P 2020-03-31 2021-06-09
ROSS STORES INC P 2020-04-28 2021-05-27
SAFRAN SA P 2018-07-18 2020-07-15
SAFRAN SA P 2018-07-18 2021-05-28
SALESFORCE COM P 2018-03-06 2020-07-15
SALESFORCE COM P 2018-03-06 2020-08-13
SALESFORCE COM P 2018-03-06 2020-10-14
SALESFORCE COM P 2018-03-06 2020-12-02
SALESFORCE COM P 2018-04-17 2020-12-02
SEA LTD ADR P 2020-01-22 2021-04-21
SEA LTD ADR P 2020-01-22 2021-05-12
SEA LTD ADR P 2020-01-22 2021-05-27
SERVICENOW INC P 2018-03-06 2020-07-15
SERVICENOW INC P 2018-03-06 2021-05-27
SMITH A O CORP P 2019-02-15 2020-10-14
SMITH A O CORP P 2019-03-08 2021-02-26
SMITH A O CORP P 2019-01-25 2021-02-26
SMITH A O CORP P 2019-01-25 2021-03-23
SMITH A O CORP P 2019-06-21 2021-04-09
STERIS PLC P 2018-06-14 2020-10-14
SYNOPSYS INC P 2018-10-18 2020-07-15
SYNOPSYS INC P 2018-10-18 2020-10-14
SYNOPSYS INC P 2018-10-18 2020-11-20
SYNOPSYS INC P 2019-01-04 2021-01-13
SYNOPSYS INC P 2019-01-04 2021-03-23
TELEFLEX INC P 2018-09-19 2020-07-15
TENCENT HOLDINGS LTD P 2019-01-07 2020-07-15
TENCENT HOLDINGS LTD P 2019-08-13 2021-01-11
TENCENT HOLDINGS LTD P 2019-01-08 2021-01-11
TENCENT HOLDINGS LTD P 2019-01-07 2021-01-11
TEXAS INSTRUMENTS INC P 2019-03-04 2020-07-15
TEXAS INSTRUMENTS INC P 2019-03-04 2020-11-20
TEXAS INSTRUMENTS INC P 2019-02-06 2021-05-27
THERMO FISHER SCIENTIFIC P 2012-08-29 2020-07-15
THERMO FISHER SCIENTIFIC P 2012-08-29 2020-12-16
THERMO FISHER SCIENTIFIC P 2012-08-29 2021-01-04
THERMO FISHER SCIENTIFIC P 2012-08-29 2021-01-04
THERMO FISHER SCIENTIFIC P 2020-03-31 2021-05-27
UNION PACIFIC CORP P 2019-07-18 2020-11-20
UNION PACIFIC CORP P 2019-07-18 2021-01-15
UNION PACIFIC CORP P 2019-07-18 2021-05-27
UNITEDHEALTH GROUP INC P 2018-10-24 2020-10-14
VERISK ANALYTICS INC-CL A P 2018-07-23 2020-10-14
VERISK ANALYTICS INC-CL A P 2018-07-23 2021-02-04
VISA INC P 2017-01-24 2020-07-15
VONTIER CORP P 2017-04-13 2020-11-10
VONTIER CORP P 2017-05-19 2020-11-10
WEST PHARMACEUTICAL SVC P 2018-06-14 2020-07-15
WYNDHAM HOTELS & RESORTS P 2018-06-14 2020-07-15
WYNDHAM HOTELS & RESORTS P 2018-06-14 2021-03-23
ZOETIS INC P 2017-10-11 2020-07-15
ZOETIS INC P 2017-10-11 2020-08-14
ZOETIS INC P 2017-10-11 2020-10-14
ZOETIS INC P 2020-03-31 2021-05-27
ADOBE INC P 2020-12-02 2021-03-04
ADOBE INC P 2020-12-02 2021-05-12
AIR PRODUCTS & CHEMICALS P 2021-01-19 2021-05-27
ALIBABA GROUP HOLDINGS LTD P 2020-03-31 2021-01-11
ALLEGION PLC ORD SHS P 2020-03-31 2020-10-02
AMPHENOL CORP P 2019-09-12 2020-07-15
BANK OF AMERICA CORP P 2020-02-20 2020-07-15
BANK OF AMERICA CORP P 2019-11-04 2020-07-15
BANK OF AMERICA CORP P 2019-11-04 2020-10-14
BLACKSTONE GROUP INC P 2020-02-27 2020-07-15
BLACKSTONE GROUP INC P 2020-02-27 2020-10-14
CATALENT INC P 2021-01-04 2021-05-27
CHUBB LIMITED P 2020-03-31 2021-01-15
CITIGROUP INC P 2020-02-07 2020-07-15
CME GROUP INC P 2020-03-31 2020-07-15
EATON CORP PLC P 2021-05-12 2021-05-27
FIDELITY NATL INFO SVCS P 2020-03-31 2021-02-09
HEALTH CARE SELECT SPDR P 2019-11-08 2020-07-15
HEALTH CARE SELECT SPDR P 2020-03-31 2021-01-08
HILTON WORLDWIDE HOLDINGS P 2020-03-06 2020-07-15
IDEX CORP P 2020-03-31 2021-01-14
INGREDION INC P 2020-03-31 2020-08-19
IQVIA HOLDINGS INC P 2019-09-12 2020-07-15
JPMORGAN CHASE & CO P 2021-05-12 2021-05-27
L3 HARRIS TECHNOLOGIES INC P 2020-03-31 2020-10-14
MATCH GROUP INC P 2020-06-12 2020-07-21
OW FIXED INCOME FUND P 2020-07-16 2020-11-20
OW FIXED INCOME FUND P 2021-02-10 2021-03-24
OW FIXED INCOME FUND P 2020-07-16 2021-03-24
OW FIXED INCOME FUND P 2020-10-15 2021-03-24
OW FIXED INCOME FUND P 2020-12-14 2021-03-24
OW FIXED INCOME FUND P 2020-07-16 2021-03-24
OW SMALL & MIDCAP STRAT FD P 2019-12-20 2020-07-16
PAYPAL HOLDINGS INC P 2021-02-05 2021-05-27
ROSS STORES INC P 2020-06-03 2020-07-15
S&P 500 DEP RCPTS P 2021-01-11 2021-01-19
S&P 500 DEP RCPTS P 2021-01-11 2021-02-05
S&P 500 DEP RCPTS P 2021-01-11 2021-02-10
SALESFORCE COM P 2020-03-31 2020-12-02
SCHWAB CHARLES CORP NEW P 2021-03-04 2021-05-27
SEA LTD ADR P 2020-01-22 2020-07-15
SEA LTD ADR P 2020-01-22 2020-08-13
SEA LTD ADR P 2020-01-22 2020-10-14
SERVICENOW INC P 2020-12-02 2021-03-04
SERVICENOW INC P 2020-12-02 2021-05-27
SQUARE INC P 2021-02-05 2021-05-12
SS&C TECHNOLOGIES HOLDINGS P 2021-02-05 2021-03-23
SYNOPSYS INC P 2020-03-31 2021-03-23
SYNOPSYS INC P 2020-03-31 2021-03-23
TENCENT HOLDINGS LTD P 2020-04-01 2021-01-12
TENCENT HOLDINGS LTD P 2021-02-08 2021-05-28
UNION PACIFIC CORP P 2019-07-18 2020-07-15
US FOODS HOLDING CORP P 2021-02-05 2021-03-23
VERISK ANALYTICS INC-CL A P 2020-03-31 2021-02-25
VONTIER CORP P 2020-03-31 2020-11-10
WEST PHARMACEUTICAL SVC P 2020-03-31 2020-10-14
WEST PHARMACEUTICAL SVC P 2020-03-31 2021-01-19
CHUBB LIMITED P 2010-06-09 2021-01-15
CHUBB LIMITED P 2010-05-21 2021-01-15
CHUBB LIMITED P 2010-06-10 2021-01-15
OW MULTI-ASSET OPPS FUND P 2010-05-21 2020-07-16
OW MULTI-ASSET OPPS FUND P 2009-04-22 2020-09-30
OW MULTI-ASSET OPPS FUND P 2009-05-11 2020-09-30
OW MULTI-ASSET OPPS FUND P 2009-06-12 2020-09-30
OW MULTI-ASSET OPPS FUND P 2009-05-08 2020-09-30
OW MULTI-ASSET OPPS FUND P 2011-11-17 2020-09-30
OW MULTI-ASSET OPPS FUND P 2010-05-21 2020-09-30
OW MULTI-ASSET OPPS FUND P 2009-05-11 2020-09-30
OW MULTI-ASSET OPPS FUND P 2009-04-22 2020-09-30
OW SMALL & MIDCAP STRAT FD P 2011-12-16 2020-07-16
OW SMALL & MIDCAP STRAT FD P 2011-12-16 2020-07-16
OW SMALL & MIDCAP STRAT FD P 2010-05-05 2020-07-16
OW SMALL & MIDCAP STRAT FD P 2010-07-16 2021-02-10
OW SMALL & MIDCAP STRAT FD P 2010-05-21 2021-02-10
OW SMALL & MIDCAP STRAT FD P 2009-11-05 2021-02-10
ADVANCE AUTO PARTS P 2018-06-14 2020-07-15
ADVANCE AUTO PARTS P 2019-08-13 2020-10-14
ADVANCE AUTO PARTS P 2018-06-14 2021-03-23
ALIBABA GROUP HOLDINGS LTD P 2017-02-09 2020-07-15
ALIBABA GROUP HOLDINGS LTD P 2016-06-14 2021-01-04
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,134   372 762
b 4,593   1,488 3,105
c 991   814 177
d 3,046   1,284 1,762
e 4,569   2,165 2,404
9,240   2,287 6,953
6,160   1,526 4,634
773   659 114
393   329 64
1,556   1,317 239
1,311   808 503
675   200 475
782   200 582
699   200 499
638   469 169
336   234 102
1,764   885 879
1,676   885 791
1,980   324 1,656
1,208   162 1,046
593   81 512
1,229   162 1,067
1,904   960 944
654   510 144
702   500 202
709   457 252
2,126   1,513 613
133   162 -29
559   486 73
853   648 205
2,894   2,153 741
3,617   2,536 1,081
368   264 104
923   529 394
1,080   858 222
1,565   814 751
3,477   2,368 1,109
665   489 176
2,136   2,339 -203
2,492   1,044 1,448
157   87 70
629   349 280
839   781 58
730   741 -11
4,313   4,518 -205
863   941 -78
632   931 -299
173   310 -137
358   375 -17
153   167 -14
448   429 19
112   107 5
1,924   1,165 759
936   403 533
1,124   403 721
2,282   806 1,476
1,128   403 725
1,113   403 710
1,112   400 712
1,259   703 556
395   381 14
209   173 36
502   455 47
826   672 154
1,144   705 439
2,416   1,668 748
1,462   930 532
1,642   930 712
1,380   989 391
1,984   2,017 -33
3,306   1,991 1,315
1,322   791 531
1,310   791 519
2,619   1,543 1,076
702   618 84
341   263 78
4,807   3,422 1,385
1,849   1,289 560
739   447 292
2,925   2,373 552
633   459 174
1,303   678 625
2,740   1,356 1,384
1,633   969 664
287   174 113
573   341 232
910   512 398
303   182 121
318   171 147
637   316 321
273   151 122
873   718 155
979   718 261
783   1,129 -346
392   620 -228
1,134   753 381
1,202   753 449
1,037   752 285
1,037   744 293
993   939 54
1,269   939 330
3,290   2,273 1,017
6,292   3,357 2,935
1,114   319 795
2,273   637 1,636
2,377   637 1,740
251   160 91
3,510   2,232 1,278
630   475 155
622   475 147
635   475 160
724   475 249
735   475 260
1,476   1,041 435
694   453 241
688   453 235
9,827   7,847 1,980
42,362   33,826 8,536
19,452   13,812 5,640
10,000   8,149 1,851
35,603   28,663 6,940
2,916   2,281 635
12,501   7,986 4,515
12,496   13,324 -828
2,987   3,185 -198
8,776   8,652 124
7,272   6,285 987
21,170   16,547 4,623
11,272   8,404 2,868
1,447   939 508
677   512 165
677   478 199
692   478 214
740   622 118
485   928 -443
103   76 27
323   245 78
71   50 21
177   136 41
460   328 132
170   126 44
134   98 36
101   76 25
34   24 10
203   151 52
538   387 151
622   464 158
1,044   1,262 -218
748   631 117
955   622 333
1,951   1,243 708
1,341   622 719
2,207   1,243 964
4,414   2,453 1,961
1,202   223 979
2,143   445 1,698
1,227   223 1,004
2,114   855 1,259
1,911   684 1,227
278   258 20
300   254 46
601   477 124
670   477 193
334   230 104
942   532 410
977   443 534
1,136   443 693
1,108   443 665
515   169 346
708   253 455
1,828   1,347 481
1,385   811 574
3,813   2,150 1,663
3,050   1,610 1,440
2,288   1,216 1,072
1,314   1,072 242
786   536 250
1,888   1,063 825
1,963   286 1,677
2,758   343 2,415
2,347   286 2,061
469   57 412
2,294   1,419 875
1,024   869 155
2,167   1,739 428
1,120   869 251
1,619   1,318 301
962   563 399
942   563 379
1,952   831 1,121
287   223 64
803   638 165
1,186   499 687
227   301 -74
683   601 82
1,415   642 773
2,356   963 1,393
829   321 508
876   579 297
1,342   1,430 -88
3,304   3,336 -32
1,494   1,428 66
1,148   972 176
2,464   2,349 115
491   469 22
494   695 -201
741   972 -231
242   324 -82
1,389   1,334 55
277   266 11
521   520 1
777   563 214
1,036   1,576 -540
841   861 -20
721   719 2
1,964   1,865 99
1,040   949 91
1,755   1,336 419
764   917 -153
2,001   1,392 609
392   385 7
750   753 -3
821   787 34
875   902 -27
67   56 11
5,519   5,519 0
56,101   57,189 -1,088
95,843   100,661 -4,818
7,355   7,692 -337
9,172   9,366 -194
5,277   5,412 -135
12,710   13,135 -425
1,294   1,345 -51
408   500 -92
2,650   2,654 -4
8,136   7,961 175
1,558   1,516 42
1,104   743 361
724   642 82
1,145   445 700
2,565   891 1,674
865   223 642
2,014   2,104 -90
478   526 -48
3,514   4,076 -562
346   347 -1
236   129 107
236   129 107
1,899   1,228 671
389   484 -95
1,747   1,739 8
183   181 2
1,654   1,450 204
115   77 38
1,492   772 720
1,495   772 723
1,398   447 951
2,330   744 1,586
1,553   504 1,049
919   1,006 -87
47   42 5
49   46 3
37,110   34,982 2,128
82,824   76,472 6,352
4,132   4,320 -188
26,913   28,696 -1,783
1,848   1,704 144
2,215   1,982 233
5,150   4,530 620
389   342 47
1,601   1,424 177
12   8 4
43,235   27,079 16,156
1     1
704   668 36
795   699 96
911   669 242
1,255   519 736
1,124   389 735
40,992     40,992
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       762
b       3,105
c       177
d       1,762
e       2,404
      6,953
      4,634
      114
      64
      239
      503
      475
      582
      499
      169
      102
      879
      791
      1,656
      1,046
      512
      1,067
      944
      144
      202
      252
      613
      -29
      73
      205
      741
      1,081
      104
      394
      222
      751
      1,109
      176
      -203
      1,448
      70
      280
      58
      -11
      -205
      -78
      -299
      -137
      -17
      -14
      19
      5
      759
      533
      721
      1,476
      725
      710
      712
      556
      14
      36
      47
      154
      439
      748
      532
      712
      391
      -33
      1,315
      531
      519
      1,076
      84
      78
      1,385
      560
      292
      552
      174
      625
      1,384
      664
      113
      232
      398
      121
      147
      321
      122
      155
      261
      -346
      -228
      381
      449
      285
      293
      54
      330
      1,017
      2,935
      795
      1,636
      1,740
      91
      1,278
      155
      147
      160
      249
      260
      435
      241
      235
      1,980
      8,536
      5,640
      1,851
      6,940
      635
      4,515
      -828
      -198
      124
      987
      4,623
      2,868
      508
      165
      199
      214
      118
      -443
      27
      78
      21
      41
      132
      44
      36
      25
      10
      52
      151
      158
      -218
      117
      333
      708
      719
      964
      1,961
      979
      1,698
      1,004
      1,259
      1,227
      20
      46
      124
      193
      104
      410
      534
      693
      665
      346
      455
      481
      574
      1,663
      1,440
      1,072
      242
      250
      825
      1,677
      2,415
      2,061
      412
      875
      155
      428
      251
      301
      399
      379
      1,121
      64
      165
      687
      -74
      82
      773
      1,393
      508
      297
      -88
      -32
      66
      176
      115
      22
      -201
      -231
      -82
      55
      11
      1
      214
      -540
      -20
      2
      99
      91
      419
      -153
      609
      7
      -3
      34
      -27
      11
      0
      -1,088
      -4,818
      -337
      -194
      -135
      -425
      -51
      -92
      -4
      175
      42
      361
      82
      700
      1,674
      642
      -90
      -48
      -562
      -1
      107
      107
      671
      -95
      8
      2
      204
      38
      720
      723
      951
      1,586
      1,049
      -87
      5
      3
      2,128
      6,352
      -188
      -1,783
      144
      233
      620
      47
      177
      4
      16,156
      1
      36
      96
      242
      736
      735
      40,992
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 2 212,898
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 3,216
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 3,216
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 3,216
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,200
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 1,200
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 2,016
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 taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
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
     
    No
    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)
    bulletFL
    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 .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMIKE VIDAL Telephone no.bullet (786) 693-6300

    Located atbullet2525 PONCE DE LEON BLVD SUITE 1040CORAL GABLESFL ZIP+4bullet33134
    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
    ELISABETH G FRANK PRESIDENT
    1.00     		0 0 0
    60 EDGEWATER DRIVE APT 16E
    CORAL GABLES,FL33133
    SABINA HOLTZMAN VP, SECRETARY
    1.00     		0 0 0
    1034 S BRENTWOOD BLVD STE 300
    ST LOUIS,MO63117
    ADAM FRANK VP, TREASURER
    1.00     		0 0 0
    316 WILLINGS ALLEY
    PHILADELPHIA,PA19106
    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.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,126,534
    b
    Average of monthly cash balances.......................
    1b
    20,248
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,146,782
    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
    3,146,782
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    47,202
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,099,580
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    154,979
    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
    154,979
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,216
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,216
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    151,763
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    151,763
    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
    151,763
    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
    189,875
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    189,875
    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
    189,875
    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 7 151,763
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016...... 1,916
    c From 2017...... 23,068
    d From 2018...... 68,052
    e From 2019...... 34,903
    fTotal of lines 3a through e........ 127,939
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 189,875
    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..... 151,763
    e Remaining amount distributed out of corpus 38,112
    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 5 166,051
    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 ......     		166,051
    10 Analysis of line 9:
    a Excess from 2016.... 1,916
    b Excess from 2017.... 23,068
    c Excess from 2018.... 68,052
    d Excess from 2019.... 34,903
    e Excess from 2020.... 38,112
    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).)
    ELISABETH G FRANK
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AJC GLOBAL JEWISH ADVOCACY
    165 EAST 56 STREET
    NEW YORK,NY10022     		N/A 501(C)(3) SOCIAL SERVICES 500
    BOSTON UNIVERSITY HILLEL
    233 BAY STATE ROAD
    BOSTON,MA02215     		N/A 501(C)(3) EDUCATION 18,000
    CAJE CENTER FOR THE ADVANCEMENT OF JEWISH EDUCATION
    4200 BISCAYNE BLVD
    MIAMI,FL33137     		N/A 501(C)(3) EDUCATION 1,000
    CENTER FOR THE ADVANCEMENT OF LEARNING
    4200 CONNECTICUT AVENUE NW
    WASHINGTON,DC20008     		N/A 501(C)(3) EDUCATION 600
    GREATER MIAMI JEWISH FEDERATION
    4200 BISCAYNE BLVD
    MIAMI,FL33137     		N/A 501(C)(3) SOCIAL SERVICES 36,000
    LIBERALE JUDISCHE GEMEINDE HAMBURG
    GROBE JOHANNISTRABE 13
    HAMBURG    
    HU     		N/A 501(C)(3) RELIGIOUS 40,000
    PEREZ ART MUSEUM MIAMI
    1103 BISCAYNE BLVD
    MIAMI,FL33132     		N/A 501(C)(3) SOCIAL SERVICES 1,000
    PLANNED PARENTHOOD OF SOUTH FLORIDA
    11440 N KENDALL DR STE 109
    MIAMI,FL33176     		N/A 501(C)(3) SOCIAL SERVICES 1,000
    SAUL MIROWITZ JEWISH COMMUNITY SCHOOL
    348 S MASON ROAD
    ST LOUIS,MO63141     		N/A 501(C)(3) EDUCATION 25,000
    TEMPLE BETH AM
    5950 SW 88TH ST
    PINECREST,FL33156     		N/A 501(C)(3) RELIGIOUS 65,775
    UNIVERSITY OF MIAMI SYLVESTER COMPREHENSIVE CANCER CENTER
    1475 NW 12 AVE
    MIAMI,FL33136     		N/A 501(C)(3) EDUCATION 1,000
    Total .................................bullet 3a 189,875
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 29,533  
    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 ............     		    18 212,898  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 242,431 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    242,431
    (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:
    THE STEPHEN & ELISABETH FRANK FOUNDATION
    EIN:
    27-0453411
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 4,650 4,650   0

    TY 2020 ExplnOfNonFilingWithAGStmt
    Name:
    THE STEPHEN & ELISABETH FRANK FOUNDATION
    EIN:
    27-0453411
    Statement:
    FLORIDA DOES NOT REQUIRE A FILING PER STATE STATUTES

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE STEPHEN & ELISABETH FRANK FOUNDATION
    EIN:
    27-0453411
    Name of Stock End of Year Book Value End of Year Fair Market Value
    STOCKS 408,993 705,252

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE STEPHEN & ELISABETH FRANK FOUNDATION
    EIN:
    27-0453411
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS AT COST 1,899,640 2,656,196

    TY 2020 OtherDecreasesSchedule
    Name:
    THE STEPHEN & ELISABETH FRANK FOUNDATION
    EIN:
    27-0453411
    Description Amount
    FEDERAL EXCISE TAXES 860


    TY 2020 OtherExpensesSchedule
    Name:
    THE STEPHEN & ELISABETH FRANK FOUNDATION
    EIN:
    27-0453411
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEES 2 2   0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE STEPHEN & ELISABETH FRANK FOUNDATION
    EIN:
    27-0453411
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BESSEMER TUST ADVISORY FEES 6,263 6,263   0


    TY 2020 TaxesSchedule
    Name:
    THE STEPHEN & ELISABETH FRANK FOUNDATION
    EIN:
    27-0453411
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 86 86   0
    LICENSES AND TAXES 61 61   0