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
SCHUMANN FUND FOR NEW JERSEY INC
 
Number and street (or P.O. box number if mail is not delivered to street address)21 VAN VLECK STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MONTCLAIR, NJ07042
A Employer identification number

52-1556076
B Telephone number (see instructions)

(973) 509-9883
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$30,904,756J 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 23,351 24,424  
4 Dividends and interest from securities... 460,231 460,237  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 431,147
b Gross sales price for all assets on line 6a 12,390,535
7 Capital gain net income (from Part IV, line 2)... 431,147
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 76,499 76,499  
12 Total. Add lines 1 through 11........ 991,228 992,307  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 149,702 29,940   119,762
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 38,240 7,648   30,592
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 39,290 23,574   10,216
c Other professional fees (attach schedule).... Click to see attachment 257,630 205,096   22,803
17 Interest............... 428 428   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 17,247 6,763   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 25,458 0   25,458
21 Travel, conferences, and meetings....... 3,056 0   3,056
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 27,061 26,348   26,919
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 558,112 299,797   238,806
25 Contributions, gifts, grants paid....... 716,250 716,250
26 Total expenses and disbursements. Add lines 24 and 25 1,274,362 299,797   955,056
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -283,134
b Net investment income (if negative, enter -0-) 692,510
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.............      
2 Savings and temporary cash investments......... 372,752 262,716 262,716
3 Accounts receivable bullet5,065
Less: allowance for doubtful accounts bullet   5,461 5,065 5,065
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.......... 38,069 3,977 3,977
10a Investments—U.S. and state government obligations (attach schedule) 591,151 Click to see attachment589,663 589,663
b Investments—corporate stock (attach schedule)....... 14,514,088 Click to see attachment18,504,036 18,504,036
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 13,051,515 Click to see attachment11,509,120 11,509,120
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment24,766 Click to see attachment30,179 Click to see attachment30,179
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 28,597,802 30,904,756 30,904,756
Liabilities 17 Accounts payable and accrued expenses..........   13,750
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) Click to see attachment88,529 Click to see attachment113,626
23 Total liabilities (add lines 17 through 22)......... 88,529 127,376
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........... 28,509,273 30,777,380
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 28,509,273 30,777,380
30 Total liabilities and net assets/fund balances (see instructions). 28,597,802 30,904,756
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
28,509,273
2
Enter amount from Part I, line 27a .....................
2
-283,134
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,587,196
4
Add lines 1, 2, and 3 ..........................
4
30,813,335
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
35,955
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
30,777,380
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 SALE OF PUBLICLY TRADED SECURITIES P    
b VINTAGE VI OFFSHORE LP P    
c BROAD STREET RE PARTNERS II P    
d GS CAPITAL PARTNERS V INSTITUTIONAL, L.P. P    
e WEST STREET CAPITAL PARTNERS VII P    
GLOBAL OPPORTUNITIES OFFSHORE LTD P    
HEDGE FUND SELECT: PFM THEMATIC GROWTH LTD P    
ARTISAN DYNAMIC EQUITY NON-US EQUITY P    
GS FINANCE CORP. 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 6,200,922   6,365,081 -164,159
b       16,790
c       9,587
d       7
e       30,231
      27,925
      27,653
      67,763
      415,350
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       -164,159
b       16,790
c       9,587
d       7
e       30,231
      27,925
      27,653
      67,763
      415,350
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 2 431,147
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 9,626
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 9,626
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 9,626
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 13,447
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 13,447
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 3,821
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet3,821 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
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)
    bulletNJ
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletHTTP://FOUNDATIONCENTER.ORG/GRANTMAKER/SCHUMANN/
    14
    The books are in care ofbulletANNETTE STRICKLAND EXECUTIVE DIRECTOR Telephone no.bullet (973) 509-9883

    Located atbullet21 VAN VLECK STREETMONTCLAIRNJ ZIP+4bullet07042
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    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
    BARBARA BELL COLEMAN CHAIR
    3.00     		0 0 0
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042
    MARTHA BONSAL DAY VICE CHAIR
    2.00     		0 0 0
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042
    ROGER PRATT SECRETARY/TREASURER
    1.00     		0 0 0
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042
    ANTHONY CICATIELLO TRUSTEE
    1.00     		0 0 0
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042
    CHRISTOPHER DAGGETT TRUSTEE
    1.00     		0 0 0
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042
    LEONARD S COLEMAN TRUSTEE
    1.00     		0 0 0
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042
    ANNETTE STRICKLAND EXECUTIVE DIRECTOR
    45.00     		149,702 27,357 0
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042
    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
    GOLDMAN SACHS & CO INVESTMENT ADVISORS 161,277
    200 WEST STREET
    NEW YORK,NY10282
    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
    26,929,871
    b
    Average of monthly cash balances.......................
    1b
    309,409
    c
    Fair market value of all other assets (see instructions)................
    1c
    35,244
    d
    Total (add lines 1a, b, and c).........................
    1d
    27,274,524
    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
    27,274,524
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    409,118
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    26,865,406
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,343,270
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,343,270
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    9,626
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,626
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,333,644
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,333,644
    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
    1,333,644
    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
    955,056
    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
    955,056
    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
    955,056
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 1,333,644
    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...... 311,690
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 311,690
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 955,056
    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..... 955,056
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 311,690 311,690
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		66,898
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ANNETTE STRICKLAND
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042
    (973) 509-9883
    ASTRICKLAND@SCHUMANNFUND.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    THERE IS NO STANDARD APPLICATION FORM TO BE USED IN PRESENTING A REQUEST TO THE SCHUMANN FUND FOR NEW JERSEY, BUT ORGANIZATIONS MAY USE THE NEW YORK/NEW JERSEY COMMON APPLICATION FORM IF THEY CHOOSE. WE ASK THAT A WRITTEN PROPOSAL BE SUBMITTED WHICH INCLUDES A CLEAR DESCRIPTION OF THE PURPOSE OF THE GRANT, THE NEED OR PROBLEM THAT WILL BE ADDRESSED, THE WORK TO BE UNDERTAKEN, THE STAFFING PLAN FOR PROJECT IMPLEMENTATION, ANY COLLABORATIVE EFFORTS UNDERWAY OR CONTEMPLATED, AND THE MEANS OF EVALUATING PROGRESS. THE PROPOSAL MUST INCLUDE THE FOLLOWING ITEMS: A COPY OF THE ORGANIZATIONS MOST RECENT AUDITED FINANCIAL STATEMENT CURRENT ORGANIZATIONAL AND PROJECT BUDGETS IDENTIFYING ALL SOURCES OF REVENUE AND CATEGORIES AND AMOUNTS OF EXPENDITURES BRIEF RESUMES OF KEY ORGANIZATION AND PROJECT STAFF THE PROJECT TIME FRAME AND PROJECTED SOURCES OF FUTURE FUNDING A LIST OF THE ORGANIZATION'S BOARD OF DIRECTORS INTERNAL REVENUE SERVICE DOCUMENTS CONFIRMING THE ORGANIZATION'S
    cAny submission deadlines:
    THE SCHUMANN FUND BOARD OF TRUSTEES MEETS QUARTERLY: MARCH, JUNE, SEPTEMBER, AND DECEMBER.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N/A
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ADVOCATES FOR CHILDREN OF NEW JERSEY
    35 HALSEY STREET
    NEWARK,NJ07102     		  PC OPERATING SUPPORT 75,000
    CASA FOR CHIDREN OF ESSEX COUNTY
    212 WASHINGTON STREET
    NEWARK,NJ07102     		  PC OPERATING SUPPORT 20,000
    CHURCH OF ST JOHN ON THE MOUNTAIN
    379 MT HARMONY ROAD
    BERNARDSVILLE,NJ07924     		  PC TRUSTEE GRANT 2,500
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD PO BOX 338
    MORRISTOWN,NJ079600317     		  PC NEWARK COMMUNITY IMPACT FUND 5,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD PO BOX 338
    MORRISTOWN,NJ079600317     		  PC CARE OF BRANCH BROOK PARK 10,000
    COUNCIL OF NEW JERSEY GRANTMAKERS
    101 WEST STATE STREET
    TRENTON,NJ08608     		  PC NEWARK PHILANTHROPIC LIAISON 15,000
    COUNCIL OF NEW JERSEY GRANTMAKERS
    101 WEST STATE STREET
    TRENTON,NJ08608     		  PC RACIAL EQUITY TASK FORCE 15,000
    COURT APPOINTED SPECIAL ADVOCATES OF NEW JERSEY INC
    77 CHURCH ST
    NEW BRUNSWICK,NJ08901     		  PC RACIAL EQUITY PROGRAMMING 20,000
    FAMILY PROMISE OF ESSEX COUNTY
    46 PARK STREET
    MONTCLAIR,NJ07042     		  PC OPERATING SUPPORT 25,000
    GEORGE ST PLAYHOUSE
    9 LIVINGSTON AVENUE
    NEW BRUNSWICK,NJ08901     		  PC TRUSTEE GRANT 5,000
    HUMAN NEEDS FOOD PANTRY
    9 LABEL STREET
    MONTCLAIR,NJ07042     		  PC TRUSTEE GRANT 7,500
    IMAGINE A CENTER FOR COPING WITH LOSS
    244 SHEFFIELD STREET
    MOUNTAINSIDE,NJ07092     		  PC IMAGINE NEWARK 20,000
    INDEPENDENCE A FAMILY OF SERVICES
    132 SOUTH HARRISON STREET
    EAST ORANGE,NJ07018     		  PC OPERATING SUPPORT 25,000
    INSTITUTE FOR ADVANCED STUDY
    ONE EINSTEIN DRIVE
    PRINCETON,NJ08540     		  PC TRUSTEE GRANT 2,500
    IRONBOUND COMMUNITY CORPORATION
    317 ELM STREET
    NEWARK,NJ07105     		  PC REMOTE CHILDCARE SERVICES 45,000
    IRONBOUND COMMUNITY CORPORATION
    317 ELM STREET
    NEWARK,NJ07105     		  PC OPERATING SUPPORT 40,000
    IVY 1879 FOUNDATION
    43 PROSPECT STREET
    PRINCETON,NJ08540     		  PC TRUSTEE GRANT 6,000
    LEGAL SERVICES OF NEW JERSEY
    100 METROPLEX DRIVE SUITE 402
    EDISON,NJ08817     		  PC PARENT ALLY PROGRAM 30,000
    LIFE CAMPINC
    310 SOUTH STREET
    MORRISTOWN,NJ07960     		  PC TRUSTEE GRANT 2,500
    MAIN STREET COUNSELING CENTER
    8 MARCELLA DRIVE
    WEST ORANGE,NJ07050     		  PC OPERATING SUPPORT 20,000
    MEETING ESSENTIAL NEEDS WITH DIGNITY INC
    PO BOX 1304
    MAPLEWOOD,NJ07040     		  PC OPERATING SUPPORT 20,000
    MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE
    22 VALLEY ROAD
    MONTCLAIR,NJ07042     		  PC PEER - LED PROGRAMMING 15,000
    MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE
    22 VALLEY ROAD
    MONTCLAIR,NJ07042     		  PC PHASE 2 AMERICA TO ME 21,250
    MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE
    22 VALLEY ROAD
    MONTCLAIR,NJ07042     		  PC TRUSTEE GRANT 4,000
    MONTCLAIR NEIGHBORHOOD DEVELOPMENT CORPORATION
    228 BLOOOMFIELD AVENUE
    MONTCLAIR,NJ07042     		  PC EMERGENCY COVID NEEDS 10,000
    NEW JERSEY INSTITUTE FOR SOCIAL JUSTICE
    60 PARK PLACE SUITE 501
    NEWARK,NJ07102     		  PC OPERATING SUPPORT 25,000
    NEWARK TRUST FOR EDUCATION
    494 BROAD STREET SUITE LL 30
    NEWARK,NJ07102     		  PC OPERATLNG SUPPORT 25,000
    NJ CHAMBER OF CAMMERCE FOUNDATION
    216 WEST STATE STREET
    TRENTON,NJ08608     		  PC TRUSTEE GRANT 5,000
    PROGRAMS FOR PARENTS
    570 BROAD STREET 8TH FLOOR
    NEWARK,NJ07102     		  PC COVID CHILDCARE NEEDS 15,000
    RIDGE ALUMNI MEMORIAL SCHOLARSHIP INC
    777 HIGHLAND AVENUE
    PIEDMONT,CA946113808     		  PC TRUSTEE GRANT 2,500
    RUTGERS UNIVERSITY - ABBOTT LEADERSHIP INSTITUTE
    110 WARREN ST
    NEWARK,NJ07102     		  PC OPERATING SUPPORT 40,000
    SAINT VINCENT ACADEMY
    228 WEST MARKET ST
    NEWARK,NJ07103     		  PC TRUSTEE GRANT 2,500
    ST BENEDICT'S PREPARATORY SCHOOL
    520 DR MARTIN LUTHER KING BOULEVARD
    NEWARK,NJ07102     		  PC COUNSELING PROGRAM 30,000
    ST BENEDICT'S PREPARATORY SCHOOL
    520 DR MARTIN LUTHER KING BOULEVARD
    NEWARK,NJ07102     		  PC TRUSTEE GRANT 2,500
    ST LUKE'S EPISCOPAL CHURCH
    73 SOUTH FULLERTON AVENUE
    MONTCLAIR,NJ07042     		  PC TONI'S KITCHEN -- COVID 20,000
    ST LUKE'S EPISCOPAL CHURCH
    73 SOUTH FULLERTON AVENUE
    MONTCLAIR,NJ07042     		  PC TRUSTEE GRANT 2,500
    SUCCEED2GETHER INC
    139 UNION ST
    MONTCLAIR,NJ07042     		  PC OPERATING SUPPORT 10,000
    THE NEWARK MUSEUM
    43-49 WASHINGTON STREET
    NEWARK,NJ07101     		  PC TRUSTEE GRANT 5,000
    UNIFIED VAILSBURG SERVICES ORGANIZATION
    40 RICHELIEU TER
    NEWARK,NJ07106     		  PC OPERATING SUPPORT 25,000
    UNITED WAY OF ESSEX AND WEST HUDSON
    60 PARK PLACE SUITE 1400
    NEWARK,NJ07102     		  PC NEWARK OFFICE OF COMPREHENSIVE COMMUNITY EDUCATION 25,000
    UNITED WAY OF GREATER NEWARK
    60 PARK PLACE
    NEWARK,NJ07102     		  PC COVID EMERGENCY FOOD NEEDS 20,000
    Total .................................bullet 3a 716,250
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 23,351  
    4 Dividends and interest from securities....     14 460,231  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     01 76,499  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 431,147  
    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).. 0 991,228 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    991,228
    (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:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT AND TAX FEES-PKF O'CONNOR DAVIES, LLP 28,750 17,250   6,000
    ACCOUNTING FEES - LAMBRIDES, ARNOLD, MOULTHROP, LLP 10,540 6,324   4,216

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Name of Stock End of Year Book Value End of Year Fair Market Value
    10X GENOMICS INC CMN CLASS A 15,576 15,576
    ABBOTT LABORATORIES 83,103 83,103
    ABBVIE 27,645 27,645
    ACUSHNET HOLDINGS CORP. CMN 14,270 14,270
    ADAPTIVE BIOTECHNOLOGIES CORPO CMN 19,336 19,336
    ADOBE SYSTEMS 67,516 67,516
    AIR PRODUCTS & CHEMICALS 30,054 30,054
    ALLSTATE CORPORATION COMMON STOCK 24,295 24,295
    ALPHABET INC CL A 162,996 162,996
    ALPHABET INC CL C 68,323 68,323
    AMAZON.COM 169,360 169,360
    AMERICAN ELECTRIC POWER INC CMN 23,482 23,482
    AMERICAN EXPRESS 16,444 16,444
    AMERICAN INTL GROUP 81,399 81,399
    AMERICAN TOWER 40,403 40,403
    AMERICAN WELL CORPORATION CMN 12,462 12,462
    AMERISOURCEBERGEN 21,898 21,898
    AMPHENOL 27,200 27,200
    APPLE 283,957 283,957
    APTIV PLC 19,804 19,804
    ARCHER-DANIELS-MIDLAND COMPANY 33,069 33,069
    ASTRAZENECA PLC SPONS ADR SPONSORED ADR CMN 14,397 14,397
    ATLASSIAN CORPORATION PLC CMN CLASS A 18,008 18,008
    AUTOZONE, INC. CMN 16,596 16,596
    BANK OF AMERICA CORP CMN 121,604 121,604
    BEACON ROOFING SUPPLY, INC. CMN 16,518 16,518
    BERKSHIRE HATHAWAY INC. CLASS B 93,212 93,212
    BIOMARIN PHARMACEUTICAL INC. CMN 12,715 12,715
    BLACKROCK, INC. CMN 34,634 34,634
    BOEING 17,125 17,125
    BOINGO WIRELESS, INC. CMN 17,210 17,210
    BOOKING HOLDINGS INC 51,227 51,227
    BORGWARNER INC. CMN 41,422 41,422
    BOSTON PROPERTIES 19,284 19,284
    BOSTON SCIENTIFIC 29,551 29,551
    BRISTOL-MYERS SQUIBB COMPANY CMN 54,835 54,835
    BROADCOM LIMITED 21,455 21,455
    BROOKS AUTOMATION INC CMN 16,759 16,759
    C3.AI, INC. CMN 21,090 21,090
    CALIFORNIA WATER SERVICE GROUP HOLDING COMPANY 12,049 12,049
    CAPRI HOLDINGS LIMITED CMN 26,418 26,418
    CAREDX, INC. CMN 27,748 27,748
    CARRIER GLOBAL CORPORATION CMN 28,629 28,629
    CATERPILLAR 58,064 58,064
    CBIZ, INC. CMN 17,829 17,829
    CELSIUS HOLDINGS, INC. CMN 26,765 26,765
    CENTRAL PACIFIC FINANCIAL CORP CMN 11,235 11,235
    CERENCE, INC. CMN 35,369 35,369
    CHARLES SCHWAB 116,317 116,317
    CHARTER COMMUNICATIONS, INC. CMN 43,001 43,001
    CHEESECAKE FACTORY INCORPORATE CMN 22,977 22,977
    CHEGG, INC. CMN 15,537 15,537
    CHEVRON 68,489 68,489
    CIGNA CORPORATION CMN 20,402 20,402
    CISCO SYSTEMS 22,196 22,196
    COCA-COLA COMPANY 30,162 30,162
    COGNIZANT TECHNOLOGY SOLUTIONS CORP CLASS A 44,253 44,253
    COLUMBIA BANKING SYSTEM, INC. CMN 12,888 12,888
    COMCAST CLASS A 91,019 91,019
    CONOCOPHILLIPS 24,994 24,994
    CRYOPORT, INC. CMN 16,060 16,060
    CSX CORPORATION CMN 10,436 10,436
    DANAHER 24,880 24,880
    DARDEN RESTAURANTS, INC. CMN 21,322 21,322
    DEERE & COMPANY CMN 34,707 34,707
    DESCARTES SYSTEMS GRP (THE) CMN 19,942 19,942
    DISCOVERY COMMUNICATIONS CLASS A 26,569 26,569
    DMC GLOBAL INC. CMN 13,797 13,797
    DOMINION ENERGY INC CMN 19,853 19,853
    DTE ENERGY COMPANY CMN 28,531 28,531
    DUKE ENERGY CORPORATION CMN 31,405 31,405
    ECOLAB 16,443 16,443
    ELI LILLY & CO 58,250 58,250
    ENCORE WIRE CORP CMN 12,962 12,962
    EOG RESOURCES 18,203 18,203
    EQUINIX 21,425 21,425
    EQUITY LIFESTYLE PROPERTIES 9,694 9,694
    ESTEE LAUDER 28,749 28,749
    ETSY, INC. CMN 19,570 19,570
    EVERCORE INC CMN CLASS A 21,818 21,818
    FACEBOOK 154,062 154,062
    FIDELITY NATL INFO SVCS INC CMN 71,579 71,579
    FIRST REPUBLIC BANK 40,553 40,553
    GENERAL MOTORS CO 66,915 66,915
    GENMAB A/S SPONSORED ADR CMN 15,654 15,654
    GILEAD SCIENCES 20,216 20,216
    GLOBAL PMTS INC CMN 29,297 29,297
    GOOSEHEAD INSURANCE, INC. CMN CLASS A 19,587 19,587
    GUARDANT HEALTH, INC. CMN 20,234 20,234
    H&E EQUIPMENT SERVICES INC CMN 22,000 22,000
    HALOZYME THERAPEUTICS, INC. CMN 28,573 28,573
    HANESBRANDS INC. CMN 27,600 27,600
    HARTFORD FINANCIAL SRVCS 65,290 65,290
    HEALTHSTREAM INC CMN 10,396 10,396
    HERCULES CAPITAL INC . 14,665 14,665
    HILL-ROM HOLDINGS, INC CMN 19,692 19,692
    HILTON GRAND VACATIONS INC. CMN 19,970 19,970
    HONEYWELL INTL 67,851 67,851
    HUB GROUP, INC CMN CLASS A 14,649 14,649
    HUBSPOT INC. CMN 22,994 22,994
    HUMANA INC. CMN 60,720 60,720
    HUNTSMAN CORPORATION CMN 19,081 19,081
    ILLUMINA, INC. CMN 26,270 26,270
    INSPIRE MEDICAL SYSTEMS, INC. CMN 17,680 17,680
    INSULET CORPORATION CMN 17,894 17,894
    INTEL CORPORATION CMN 14,597 14,597
    INTER PARFUMS INC CMN 22,079 22,079
    INTERCONTINENTALEXCHANGE 46,001 46,001
    INTUITIVE SURGICAL 26,997 26,997
    ISHARES MSCI EAFE 100% HEDGED 2,422,365 2,422,365
    ISHARES MSCI EAFE ETF 698,957 698,957
    ISHARES MSCI EMERGING MARKETS ETF 470,197 470,197
    ISHARES RUSSELL 1000 GROWTH ETF 1,614,432 1,614,432
    JOHNSON & JOHNSON 48,788 48,788
    JPMORGAN CHASE 105,341 105,341
    KANSAS CITY SOUTHERN 27,966 27,966
    KAO CORP SPONSORED ADR CMN 8,491 8,491
    KIMBERLY CLARK 42,337 42,337
    KIRBY CORP CMN 17,259 17,259
    KKR & CO. INC. CMN CLASS A 55,593 55,593
    KNOWLES 12,514 12,514
    KRATOS DEFENSE & SECURITY SOL CMN 28,308 28,308
    L3HARRIS TECHNOLOGIES INC CMN 25,518 25,518
    LAS VEGAS SANDS 12,576 12,576
    LINDE PLC 49,013 49,013
    LIONS GATE ENTERTAINMENT CORP. CMN CLASS A 17,714 17,714
    LIVE NATION ENTERTAINMENT INC CMN 17,562 17,562
    LIVENT CORPORATION CMN 25,754 25,754
    LIVEPERSON, INC. CMN 40,138 40,138
    LOCKHEED MARTIN 18,104 18,104
    LOWES COMPANIES INC CMN 22,953 22,953
    LULULEMON ATHLETICA 18,446 18,446
    MARCUS & MILLICHAP, INC. CMN 10,983 10,983
    MARSH & MCLENNAN 28,197 28,197
    MARTEN TRANSPORT LTD CMN 13,284 13,284
    MARTIN MARIETTA MATERIALS,INC CMN 36,064 36,064
    MARVELL TECHNOLOGY GROUP LTD. CMN 19,254 19,254
    MASTERCARD 69,960 69,960
    MATERION CORPORATION CMN 15,229 15,229
    MC DONALDS 29,827 29,827
    MCCORMICK & CO 13,193 13,193
    MEDALLIA, INC. CMN 19,998 19,998
    MEDTRONIC 107,066 107,066
    MERCK 25,440 25,440
    METHANEX CORPORATION CMN 28,938 28,938
    METLIFE 34,227 34,227
    MICRON TECHNOLOGY, INC. CMN 27,892 27,892
    MICROSOFT 226,646 226,646
    MONDELEZ INTERNATIONAL, INC. CMN 104,135 104,135
    MONMOUTH REAL ESTATE INVESTMEN CL A CLASS A 12,315 12,315
    MONSTER BEVERAGE CORPORATION CMN 19,976 19,976
    MORGAN STANLEY 38,034 38,034
    N V R INC CMN 48,958 48,958
    NATERA, INC. CMN 39,808 39,808
    NATIONAL BANK HOLDINGS CORP CMN CLASS A 11,204 11,204
    NEOGENOMICS INC 31,712 31,712
    NETFLIX COM INC CMN 59,480 59,480
    NEVRO CORP. CMN 17,137 17,137
    NIKE CLASS B 52,768 52,768
    NORTHROP GRUMMAN CORP CMN 23,159 23,159
    NVIDIA CORP CMN 78,330 78,330
    NXP SEMICONDUCTORS N.V. CMN 30,053 30,053
    O`REILLY AUTOMOTIVE INC CMN 22,176 22,176
    OLIN CORPORATION CMN 20,311 20,311
    ON SEMICONDUCTOR CORP CMN 26,544 26,544
    OWENS CORNING CMN 17,955 17,955
    PAPA JOHN'S INTERNATIONAL INC. CMN 12,473 12,473
    PARKER-HANNIFIN 84,992 84,992
    PAYPAL 68,621 68,621
    PEPSICO 88,980 88,980
    PFIZER 46,013 46,013
    PHILIP MORRIS INTL 11,342 11,342
    PHILLIPS 66 CMN 13,988 13,988
    PHREESIA INC CMN 26,642 26,642
    PROCTER & GAMBLE 84,319 84,319
    PROLOGIS 29,898 29,898
    PRUDENTIAL FINANCIAL 27,637 27,637
    PUBLIC STORAGE 25,864 25,864
    PULTEGROUP INC. CMN 19,533 19,533
    PVH CORP 12,581 12,581
    QUALCOMM 81,502 81,502
    QUANTA SERVICES INC CMN 30,104 30,104
    RETAIL OPPORTUNITY INVTS CORP CMN 15,720 15,720
    ROSS STORES 31,808 31,808
    SAIA INC CMN CLASS 18,261 18,261
    SALESFORCE.COM 20,028 20,028
    SAREPTA THERAPEUTICS INC CMN 17,219 17,219
    SEATTLE GENETICS, INC. CMN 22,243 22,243
    SERVICENOW 42,934 42,934
    SHERWIN-WILLIAMS 44,830 44,830
    SIGNET JEWELERS LIMITED CMN 14,399 14,399
    SITEONE LANDSCAPE SUPPLY, INC. CMN 38,706 38,706
    SKYWEST, INC. CMN 7,014 7,014
    SNAP INC. CMN CLASS A 11,967 11,967
    SNOWFLAKE INC. CMN CLASS A 14,633 14,633
    SPDR S&P 500 ETF 5,036,164 5,036,164
    SPLUNK INC CMN 30,410 30,410
    SPROUT SOCIAL, INC. CMN 10,353 10,353
    STATE STREET CORPORATION (NEW) CMN 32,242 32,242
    TARGET CORPORATION CMN 37,601 37,601
    TERRENO REALTY 15,154 15,154
    TESLA, INC. CMN 81,152 81,152
    TEXAS INSTRUMENTS INC. CMN 44,643 44,643
    TEXTRON INC.DEL. CMN 20,782 20,782
    THE TRAVELERS COMPANIES 16,844 16,844
    THERMO FISHER SCIENTIFIC INC CMN 39,126 39,126
    TJX COMPANIES 48,281 48,281
    TOPBUILD CORP. CMN 19,881 19,881
    TRANE TECHNOLOGIES PUBLIC LIMI CMN 21,193 21,193
    TRUIST FINANCIAL CORPORATION CMN 64,562 64,562
    TTEC HOLDINGS, INC. CMN 19,545 19,545
    U.S. PHYSICAL THERAPY, INC. CMN 18,398 18,398
    ULTA BEAUTY INC CMN 24,409 24,409
    UNION PACIFIC CORP. CMN 27,901 27,901
    UNITEDHEALTH GROUP INCORPORATE CMN 26,652 26,652
    VEEVA SYSTEMS INC CMN 16,607 16,607
    VERACYTE, INC. CMN 25,645 25,645
    VERISK ANALYTICS 20,967 20,967
    VERIZON COMMUNICATIONS 45,473 45,473
    VF CORP 49,623 49,623
    VICOR CORPORATION CMN 22,871 22,871
    VISA 134,738 134,738
    VISTEON CORPORATION CMN 23,849 23,849
    WAL MART STORES 21,767 21,767
    WALT DISNEY 110,882 110,882
    WEIGHT WATCHERS INTERNATIONAL, CMN 12,102 12,102
    WEST PHARMACEUTICAL SERVICES INC 23,231 23,231
    WESTROCK COMPANY CMN 14,452 14,452
    WEYERHAEUSER 29,674 29,674
    WILLIS TOWERS WATSON PLC CMN 28,652 28,652
    WORKDAY, INC. CMN CLASS A 58,225 58,225
    XCEL ENERGY INC CMN 30,868 30,868

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    US Government Securities - End of Year Book Value:

    589,663
    US Government Securities - End of Year Fair Market Value:

    589,663
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ARTISAN DYN EQ - MAIN FMV 2,943,494 2,943,494
    GS HEDGE FUND OPPORTUNITIES FMV 671,205 671,205
    GS PRINCETON FUND FMV 402,949 402,949
    WEST STREET STRATEGIC SOLUTIONS OFFSHORE FEEDER FUND I, LLC FMV 158,025 158,025
    HEDGE FUND SELECT: EMPYREAN LTD FMV 324,834 324,834
    GS VINTAGE VI LP FMV 133,384 133,384
    GS CAPITAL PARTNERS V LP FMV 21,209 21,209
    US REAL PROPERTY INCOME FUND FMV 598,018 598,018
    BROAD STREET REAL ESTATE CREDIT PARTNERS II FMV 42,263 42,263
    BROAD STREET REAL ESTATE CREDIT PARTNERS III FMV 261,571 261,571
    WEST ST VII - MAIN FMV 1,158,667 1,158,667
    VINTAGE VII - MAIN FMV 497,368 497,368
    PRIVATE EQUITY MANAGERS (2018) FMV 410,955 410,955
    VINTAGE VIII - MAIN FMV 369,606 369,606
    KKR PRINCIPAL OPP FMV 217,089 217,089
    PRIVATE EQUITY MANAGERS (2019) FMV 186,387 186,387
    PRIVATE EQUITY MANAGERS (2020) OFFSHORE LP FMV 27,203 27,203
    GS HIGH YIELD FUND FMV 1,248,183 1,248,183
    GS INVESTMENT GRADE CREDIT FUND FMV 525,657 525,657
    GS SHORT DURATION INCOME FUND FMV 828,888 828,888
    GS US MORTGAGES FMV 482,165 482,165

    TY 2020 OtherAssetsSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST AND DIVIDENDS 24,766 30,179 30,179


    TY 2020 OtherDecreasesSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Description Amount
    PROVISION FOR DEFERRED EXCISE TAX EXPENSE 35,955


    TY 2020 OtherExpensesSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 3,711 0   3,711
    TELEPHONE 3,354 0   3,354
    DUES/MEMBER FEES 7,404 0   7,404
    EQUIPMENT 2,400 0   2,400
    OFFICE SUPPLIES 6,030 0   6,030
    POSTAGE AND SHIPPING 579 0   579
    ANNUAL REPORT 2,500 0   2,500
    MISCELLANEOUS 1,083 0   941
    OTHER PARTNERSHIP EXPENSES 0 26,348   0


    TY 2020 OtherIncomeSchedule2
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER PARTNERSHIP INCOME FROM K-1'S 76,081 76,081 76,081
    MISC INCOME 418 418 418


    TY 2020 OtherIncreasesSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 2,587,196


    TY 2020 OtherLiabilitiesSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED FEDERAL EXCISE TAX 77,671 113,626
    FEDERAL EXCISE TAX PAYABLE 10,858 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT AND PARTNERSHIP EXPENSES 234,827 205,096   0
    CONSULTANTS 22,803 0   22,803


    TY 2020 TaxesSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 6,763 6,763   0
    FEDERAL EXCISE TAX 10,234 0   0
    UNRELATED BUSINESS INCOME TAX 250 0   0