TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0052

2020

Open to Public Inspection

For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020

Name of foundation
MERVAT ZAHID CULTURAL FOUNDATION
C/O AMIRA ZAHID

Number and street (or P.O. box number if mail is not delivered to street address)96 LEWIS STREET
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
GREENWICH, CT06830

A Employer identification number

46-2975291

B Telephone number (see instructions)

(203) 861-9201

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$12,949,303J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)	51,166
2	Check .............
3	Interest on savings and temporary cash investments	12		12	12
4	Dividends and interest from securities...	70,713		70,713	70,713
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		152,494
b	Gross sales price for all assets on line 6a 466,882
7	Capital gain net income (from Part IV, line 2)...			152,494
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	274,385		223,219	70,725
13	Compensation of officers, directors, trustees, etc.	0		0	0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		29,817	0	29,817	9,939
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...
19	Depreciation (attach schedule) and depletion...		91,803	0	91,803
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		308,910	22,053	308,910	95,618
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	430,530		22,053	430,530	105,557
25	Contributions, gifts, grants paid.......	5,000				5,000
26	Total expenses and disbursements. Add lines 24 and 25	435,530		22,053	430,530	110,557
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-161,145
b	Net investment income (if negative, enter -0-)			201,166
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2020)

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	201,133	63,738	63,738
	2	Savings and temporary cash investments.........	141,261	116,182	116,182
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	535,915	612,191	651,625
	b	Investments—corporate stock (attach schedule).......	934,970	1,004,812	1,862,859
	c	Investments—corporate bonds (attach schedule).......	680,239	627,253	683,632
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 4,887,790
		Less: accumulated depreciation (attach schedule) 282,895	4,696,698	4,604,895	4,611,150
	15	Other assets (describe )	3,339,233	3,339,233	4,960,117
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	10,529,449	10,368,304	12,949,303
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	10,529,449	10,368,304
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	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).....	10,529,449	10,368,304
	30	Total liabilities and net assets/fund balances (see instructions).	10,529,449	10,368,304

Part III

Analysis of Changes in Net Assets or Fund Balances

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

10,529,449

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

-161,145

Other increases not included in line 2 (itemize) bullet

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

10,368,304

Decreases not included in line 2 (itemize) bullet

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

10,368,304

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	86 SH NMC HEALTH PLC UNSPON ADR	P	2019-03-27	2020-01-08
b	25 SH IPSEN S A SPON ADR	P	2019-08-20	2020-03-16
c	78 SH CAMECO CORP	P	2019-06-04	2020-04-22
d	33 SH ADYEN NV UNSPON ADS	P	2020-02-28	2020-05-28
e	9 SH RIO TINTO PLC SPON ADR	P	2019-08-20	2020-05-28
	46 SH ADYEN NV UNSPON ADR	P	2020-02-14	2020-07-24
	75 SH EUROFINS SCIENTIFIC SE UNSPON ADR	P	2019-11-14	2020-08-07
	30 SH ADECCO GROUP SA	P	2018-08-16	2020-01-08
	131 SH FANUC CORP	P	2014-08-19	2020-01-08
	16 SH GRIFOLS SA	P	2014-08-13	2020-01-08
	25 SH GRIFOLS SA	P	2014-08-13	2020-01-08
	37 SH ADR IBERDROLA	P	2015-10-06	2020-01-08
	47 SH GALAXY ENTNMT GRP LTD	P	2019-01-11	2020-01-29
	84 SH IPENS SA SPON ADR	P	2019-01-10	2020-03-16
	101 SH VALEO SA-SPON ADR	P	2018-08-16	2020-03-30
	85 SH CAMECO CORP	P	2015-07-09	2020-04-22
	12 SH ALIBABA GRP HLDG LTD	P	2015-08-12	2020-05-28
	95 SH HSBC HOLDINGS PLC SPONS ADR	P	2018-02-26	2020-05-28
	10 SH RIOT TINTO PLC SPON ADR	P	2018-03-14	2020-05-28
	6 SH TELEPERFORMANCE SA	P	2019-05-14	2020-05-28
	96 SH DEUTSCHE BOERSE	P	2016-09-16	2020-05-29
	7 SH ALIBABA GRP HLDG LTD	P	2015-08-12	2020-07-24
	383 SH KION GRP AG ADR	P	2020-01-26	2020-12-29
	59 SH BASF AKTIENGELSELLSCHAFT LEVEL	P	2009-05-26	2020-01-08
	36 SH SIEMENS AG SPONS ADR	P	2006-06-19	2020-05-28
	12 SH TAIWAN SEMINCONDUCOTRO SP ADR	P	2006-12-13	2020-08-06
	136 SH BASF AKTIENGELSELLSCHAFT LEVEL	P	2009-05-26	2020-09-11
	128 SH Z HLDGS CORP UNSPON ADS	P	2013-12-27	2020-08-07
	5 SH ALIBABA GRP HLDG LTD	P	2015-08-12	2020-09-17
	.5 SH EUROFINS SCIENTIFIC SE UNSPON ADR	P	2019-11-14	2020-12-16
	110 SH DARDEN RESTAURANTS INC	P	2019-05-28	2020-03-18
	126 SH WALGREENS BOOTS ALLIANCE INC	P	2020-03-18	2020-10-26
	150 SH XILINX INC	P	2020-03-18	2020-10-26
	25000 US TREAS NTS	P	2018-10-31	2020-01-29
	406 SH NORTONLIFELOCK SHS	P	2017-12-08	2020-02-05
	248 SH CARNIVAL CORP	P	2017-06-15	2020-03-10
	76 SH MSCI INC	P	2018-03-12	2020-03-16
	37 SH BOEING CO	P	2015-06-17	2020-03-18
	541 SH CENTERPOINT ENERGY INC	P	2019-01-14	2020-03-18
	88 SH EAGLE MATLS INC	P	2018-08-16	2020-03-18
	202 SH FOOT LOCKER INC	P	2018-04-12	2020-03-18
	97 SH COGNIZANT TECH SOLUTIONS CRP	P	2017-09-11	2020-05-20
	50000 AT&T 3.55% BOND	P	2019-06-06	2020-08-06
	107 SH COGNEX CORP	P	2018-04-03	2020-10-26
	124 SH WALGREENS BOOTS ALLIANCE INC	P	2019-08-02	2020-10-26
	41 SH APPLE INC	P	2008-02-28	2020-01-08
	25 SH CHARTER COMMUNICATIONS	P	2009-11-30	2020-01-08
	37 SH UNITEDHEALTH GRP INC	P	2010-03-04	2020-01-08
	50 SH APPLE INC	P	2008-02-28	2020-01-29
	35 SH UNITEDHEALTH GRP INC	P	2010-03-04	2020-01-29
	25 SH APPLE INC	P	2008-02-28	2020-02-05
	40 SH UNITEDHEALTH GRP INC	P	2010-03-04	2020-02-05
	150 SH UNITEDHEALTH GRP INC	P	2010-03-04	2020-03-18
	25 SH APPLE INC	P	2008-02-28	2020-04-14
	20 SH CHARTER COMMUNICIATION INC	P	2009-11-30	2020-04-14
	700 SH EXXON MOBIL CORP	P	2016-04-18	2020-04-14
	169 SH MERCK & CO INC	P	2008-02-28	2020-04-14
	882 SH WELLS FARGO & CO	P	2003-06-11	2020-04-14
	15 SH APPLE INC	P	2008-02-28	2020-06-30
	420 SH CARRIER GLOBAL CORP COM	P	2001-12-11	2020-06-30
	10 SH APPLE INC	P	2008-02-28	2020-07-07
	10 SH UNITEDHEALTH GRP INC	P	2010-03-04	2020-07-07
	100 SH APPLE INC	P	2008-02-28	2020-10-26
	100 SH MERCK & CO INC	P	2008-02-28	2020-10-26
	40 SH UNITEDHEALTH GRP INC	P	2010-03-04	2020-10-26

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,405	2,550	-1,145
b	262	647	-385
c	743	825	-82
d	820	561	259
e	475	441	34
	1,445	674	771
	1,420	962	458
	947	877	70
	2,421	2,280	141
	390	283	107
	609	443	166
	1,473	1,026	447
	1,604	1,487	117
	882	2,847	-1,965
	798	2,272	-1,474
	810	1,171	-361
	2,417	1,555	862
	2,258	3,956	-1,698
	528	527	1
	746	549	197
	1,576	756	820
	1,737	506	1,231
	52		52
	1,080	635	445
	1,972	1,523	449
	969	125	844
	2,195	1,457	738
	1,519	1,431	88
	1,374	362	1,012
	4	3	1
	4,088	13,028	-8,940
	4,751	6,116	-1,365
	17,303	11,133	6,170
	24,905	24,278	627
	7,188	10,088	-2,900
	5,497	15,442	-9,945
	19,457	11,092	8,365
	3,614	5,266	-1,652
	7,041	15,798	-8,757
	4,495	6,084	-1,589
	4,752	10,348	-5,596
	5,116	7,003	-1,887
	55,438	51,311	4,127
	7,427	5,297	2,130
	4,675	6,712	-2,037
	12,189	763	11,426
	12,440	1,054	11,386
	10,739	1,218	9,521
	16,335	931	15,404
	9,950	1,152	8,798
	8,018	465	7,553
	11,828	1,317	10,511
	33,810	4,939	28,871
	7,145	465	6,680
	9,787	900	8,887
	29,578	29,823	-245
	13,867	7,612	6,255
	26,460	22,541	3,919
	5,433	279	5,154
	9,345	2,401	6,944
	3,752	186	3,566
	2,995	329	2,666
	11,530	465	11,065
	7,921	4,504	3,417
	13,082	1,317	11,765

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			-1,145
b			-385
c			-82
d			259
e			34
			771
			458
			70
			141
			107
			166
			447
			117
			-1,965
			-1,474
			-361
			862
			-1,698
			1
			197
			820
			1,231
			52
			445
			449
			844
			738
			88
			1,012
			1
			-8,940
			-1,365
			6,170
			627
			-2,900
			-9,945
			8,365
			-1,652
			-8,757
			-1,589
			-5,596
			-1,887
			4,127
			2,130
			-2,037
			11,426
			11,386
			9,521
			15,404
			8,798
			7,553
			10,511
			28,871
			6,680
			8,887
			-245
			6,255
			3,919
			5,154
			6,944
			3,566
			2,666
			11,065
			3,417
			11,765

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	152,494
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3	-4,173

Part V

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

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

1 Reserved

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

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

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

Form 990-PF (2020)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	2,796
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	2,796
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	2,796
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	2,647
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	2,500
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	5,147
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	2,351
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax2,351	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

Yes

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

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

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

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

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

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

N/A

The books are in care of bullet

WILLIAM IGNATOWICH Telephone no. bullet

(203) 861-9201

Located at bullet

96 LEWIS STREETGREENWICHCT ZIP+4 bullet

06830

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

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

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

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

16 No

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

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2020)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VIII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
MERVAT ZAHID	CHAIRMAN AND TRUSTEE 5.00	0	0	0
96 LEWIS STREET GREENWICH,CT06830	CHAIRMAN AND TRUSTEE 5.00	0	0	0
AMIRA ZAHID	PRESIDENT 15.00	0	0	0
96 LEWIS STREET GREENWICH,CT06830	PRESIDENT 15.00	0	0	0
HODA ZAHID	SECRETARY AND TREASURER 2.00	0	0	0
96 LEWIS STREET GREENWICH,CT06830	SECRETARY AND TREASURER 2.00	0	0	0

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


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

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............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	THE COSTS INCURRED TO PROVIDE STORAGE SPACE FOR THE DAHESH MUSEUM OF ART.	105,557
2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2020)

Page 8

Part X

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

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

purposes:

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

3,034,493

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

93,737

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

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

3,128,230

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

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

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

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

3,128,230

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

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

46,923

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

3,081,307

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

154,065

Part XI

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

and do not complete this part.)

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

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

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

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

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

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

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

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

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

Part XII

Qualifying Distributions (see instructions)

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

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

110,557

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

110,557

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

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

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

110,557

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

Form 990-PF (2020)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2020:
a From 2015......
b From 2016......
c From 2017......
d From 2018......
e From 2019......
fTotal of lines 3a through e........
4Qualifying distributions for 2020 from Part
XII, line 4: $
a Applied to 2019, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2020 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2020.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2016....
b Excess from 2017....
c Excess from 2018....
d Excess from 2019....
e Excess from 2020....

Form 990-PF (2020)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet

2014-08-29

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total
	0	0	0	120,261	120,261
b 85% of line 2a .........	0	0	0	102,222	102,222
c Qualifying distributions from Part XII, line 4 for each year listed .....	110,557	89,588	113,386	57,428	370,959
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........	0	0	0	0	0
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	110,557	89,588	113,386	57,428	370,959
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......					0
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)					0
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...	102,710	102,951	99,037	80,174	384,872
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) ....					0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....					0
(3) Largest amount of support from an exempt organization					0
(4) Gross investment income					0

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).)

MERVAT ZAHID

AMIRA ZAHID

HODA ZAHID

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

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

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (2020)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ASSOCIATION OF HISTORIANS OF NINETEETH-CENTURY ART 3200 16TH ST NW APT 206 WASHINGTON,DC20010		PUBLIC CHARITY	HELP SUPPORT THE ORGANIZATION'S 19TH CENTURY ART WORLDWIDE JOURNAL USED BY ART HISTORIANS, UNIVERSITIES AND MUSEUMS, COLLECTORS, AUCTIONERS AND MANY OTHERS.	5,000
Total ................................. 3a				5,000

bApproved for future payment

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

Form 990-PF (2020)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........			14	12
4 Dividends and interest from securities....			14	70,713
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	152,494
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		223,219	0

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

223,219

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2020)

Page 13

Part XVII

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2020

Name of the organization

MERVAT ZAHID CULTURAL FOUNDATION
C/O AMIRA ZAHID

Employer identification number

46-2975291

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)

Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2

Name of organization MERVAT ZAHID CULTURAL FOUNDATION C/O AMIRA ZAHID

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	HODA ZAHID 96 LEWIS STREET GREENWICH, CT06830	$ 51,166	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Page 3

Name of organization MERVAT ZAHID CULTURAL FOUNDATION C/O AMIRA ZAHID		Employer identification number 46-2975291

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Page 4


Name of organization MERVAT ZAHID CULTURAL FOUNDATION C/O AMIRA ZAHID			Employer identification number 46-2975291
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Additional Data

Software ID:
Software Version:

- TIN:

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

TY 2020 DepreciationSchedule

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Adjusted Net Income
ORGANIZATION EXPENSES	2013-09-01	12,790	5,402	SL	15.000000000000	853	853
LAND MANCHESTER, CT	2017-12-17	1,327,946		L		0	0
BUILDING MANCHESTER, CT	2017-12-17	3,547,054	185,690	SL	39.000000000000	90,950	90,950

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

Name of Bond	End of Year Book Value	End of Year Fair Market Value
50,000 AT&T INC NOTE	52,219	57,864
25000 BANK OF AMERICA COPR NOTE	25,720	26,421
50000 BERKSHIRE HATHAWAY INC NOTE	50,252	55,865
25000 BP CAP MKTS PLC NOTE	24,550	25,241
25000 GOLDMAN SACHS GROUP INC NOTE	24,906	25,130
50000 JOHN DEERE CAP CORP NOTE	50,198	53,705
50000 JPMORGAN CHASE & CO NOTE	50,398	55,918
50000 MORGAN STANLEY FR NOTE	50,069	57,261
50000 SHELL INTL FIN BV NOTE	50,334	55,298
50000 SIMON PROPERTY GRP LP NOTE	50,221	51,311
50000 VERIZON COMM INC NOTE	46,771	54,788
50000 WELLS FARGO & CO NOTE	50,213	55,030
50000 WESTPAC BKG CORP NOTE	50,251	56,613
50000 WHIRLPOOL CORP SERA MTN NOTE	51,151	53,187

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

Name of Stock	End of Year Book Value	End of Year Fair Market Value
105 SH ADECCO GROUP A.G.	3,020	3,514
69 SH ADYEN NV	987	3,217
246 SH AGL GROUP LTD	3,617	2,268
160 SH AIA GROUP LTD	3,662	7,841
316 SH ALLIANZ SE ADR	4,502	7,760
461 SH ANGLO AMERICAN PLC	5,073	7,639
184 SH ASAHI KASEI CORP ADR	4,485	3,759
328 SH ASTELLAS PHARMA INC ADR	3,508	5,064
931 SH BANCO SANTANDER SA	5,811	2,840
298 SH BAYER AG SPND ADR	5,998	4,390
222 SH BNP PARIBAS SPND ADR	5,722	5,854
719 SH CAMECO CORP	6,794	9,635
318 SH CK HUTCHSON HLDGS LTD	2,911	2,219
157 SH COMPASS GROUP PLC	3,665	2,925
227 SH CREDIT SUISSE GRP	5,711	2,906
143 SH CRH PLC	4,398	6,089
32 SH CYBER ARK SOFTWARE	3,028	5,171
177 SH DAIWA HOUSE INDUSTRIES ADR	5,371	5,253
39 SH DBS GROUP LTD	3,051	2,956
202 SH DEUTSCHE BOERSE	1,592	3,442
93 SH DEUTSCHE POST AG	3,083	4,609
288 SH DEUTSCHE TELEKOM AG	4,856	5,270
447 SH EUROFINS SCIENTIFIC SE	2,292	3,754
407 SH FANUC CORP	6,719	9,997
159 SH GRIFOLS SA	2,631	2,932
58 SH HEXAGON AB ADR	2,620	5,295
138 SH HONG KONG EXC	4,012	7,564
85 SH IBERDROLA	2,356	4,867
383 SH KION GROUP AG ADR	5,524	8,337
55 SH KIRKLAND LAKE GOLD LTD	2,396	2,270
105 SH KONINKLIJKE AHOLD DELHAIZE	2,352	2,969
52 SH KUBOTA LTD	2,479	5,669
84 SH KURITA WATER IND	4,470	6,419
914 SH LLOYDS TBS GROPU PLC	3,362	1,791
38 SH LVMH MOET HENNESSY LOUIS V	1,133	4,751
1464 SH MITSUBISHI UFJ FINL	7,415	6,486
98 SH MOWI ASA	1,437	2,186
98 SH NESTLE SA SPONA ADR	3,484	11,559
244 SH NIPPON TEL & TEL SPN ADR	3,864	6,252
34 SH NOVARTIS AG ADR	1,582	3,211
60 SH NOVO NORDISK A/S	1,644	4,191
81 SH NUTRIEN LTD	3,191	3,901
240 ORGANE INC ADR	3,894	2,846
124 SH PANDORA A/S AMERICA	3,287	3,470
56 SH PRUDENTIAL PLC ADR	2,487	2,068
153 SH RIO TINTO PLC	6,614	11,509
195 SH ROCHE HLDG LTD SPON ADR	4,612	8,521
136 SH ROYAL DUTCH SHELL PLC	8,136	4,571
96 SH SAFRAN SA	1,643	3,405
80 SH SANOFI	4,125	3,887
48 SH SAP AE-SPON ADR	3,089	6,259
467 SH SEVEN & I HLDGS CO LTD JPY	8,870	8,275
98 SH SMITH & NEPHEW PLC SP ADR	1,103	4,133
86 SH SONY CORP	2,048	8,695
238 SH STANDARD CHARTER	2,258	3,031
30 SH SUZUKI MOTOR CORP	5,729	5,558
24 SH TELEPERFORMANCE SA-EUR	2,194	3,983
110 SH TOTAL SE	4,921	4,610
48 SH TOYOTA MOTOR CORP ADR	3,905	7,419
78 SH UNILEVER PLC SPONS ADR	4,380	4,708
151 SH VEOLIA ENVIRONMENT	3,855	3,697
195 SH VINCI SA ADR	4,344	4,853
342 SH VOLVO AB-B SH	5,049	8,071
160 SH WH GROUP LTD	2,499	2,683
400 Z HOLDINGS CORP	3,634	4,838
50 SH GALAXY ENTMT GROUP LTD	1,582	1,943
56 SH TAIWAN SEMICONDUCTOR MFG	584	6,106
23 SH TENCENT HOLDINGS LTD	1,686	1,673
300 SH ABBVIE INC	23,626	32,145
200 SH ALEXION PHARMACEUTICALS INC	17,040	31,248
25 SH ALPHABET INC	24,546	43,816
1200 SH APPLE INC	5,585	159,228
160 SH APTIV PLC	11,793	20,846
100 SH ARIST NETWORKS INC	21,335	29,057
700 SH AT&T INC	16,856	20,132
1100 SH BANK OF AMERICA	27,118	33,341
182 SH BERKSHIRE HATHAWAY INC CL B	31,512	42,200
10 SH BOOKING HOLDINGS INC	15,733	22,273
600 SH BOSTON SCIENTIFIC CORP	22,037	21,570
80 SH CHARTER COMM INC	3,372	52,924
300 SH CHEVRON CORP	25,683	25,335
867 SHCISCO SYSTEMS INC	27,671	38,798
394 SH COMCAST CORP	3,367	20,646
82 SH CONSTELLATION BRANDS INC	17,877	17,962
212 SH CROWN CASTLE INTL CORP	19,135	33,748
85 SH CUMMINS INC	12,718	19,303
108 SH DOLLAR GENERAL CORP	12,846	22,712
200 SHFISERV INC	19,910	22,772
125 SH FORTINET INC	9,200	18,566
265 SH FORTUNE BRANDS HOME & SEC INC	14,169	22,716
179 SH HOME DEPOT INC	26,294	47,546
153 SH HONEYWELL INTL INC	19,713	32,543
135 SH IBM CORP	7,404	16,994
949 SH INTEL CORP	20,640	47,279
150 SH INTERCONTINENTAL EXCHANGE	13,010	17,294
325 SH JPMORGAN CHASE & CO	22,859	41,298
186 SH MEDTRONICS PLC	15,763	21,788
900 SH MERCK & CO INC	18,426	73,620
650 SH NEWMONT GLOD CORP	24,995	38,929
300 SH ORACLE CORP COM	9,298	19,407
210 SH OTIS WORLDWIDE CORP	3,359	14,186
109 SH PACKAGIN CORP AMER	11,026	15,032
137 SH PAYPAL HOLDINGS INC	6,131	32,085
300 SH PHILLIP MORRIS INTL INC	10,264	24,837
111 SH PROCTOR & GAMBLE CO	9,366	15,445
420 SH RAYTHEON TECHN CORP	7,089	30,034
41 SH SALEFORCE COM	5,995	9,124
100 SH SEMPRA ENERGY	9,417	12,741
450 SH TYSON FOODS INC	26,432	28,998
250 SH UNITED HEALTH GROUP INC	8,231	87,670
450 SH VERIZON COMMUNICATIONS	25,966	26,438
210 SH VISA INC	21,040	45,933
136 SH WALMART INC	12,964	19,604
148 SH WALT DISNEY CO	16,207	26,815
125 SH XYLEM INC	8,672	12,724
85 SH HUBBELL INC	8,786	13,323

- TIN:

TY 2020 InvestmentsGovtObligationsSch

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

US Government Securities - End of Year Book Value:

612,191

US Government Securities - End of Year Fair Market Value:

651,625

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

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

- TIN:

TY 2020 LandEtcSchedule2

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value
ORGANIZATION EXPENSES	12,790	6,255	6,535
LAND MANCHESTER, CT	1,327,946	0	1,327,946
BUILDING MANCHESTER, CT	3,547,054	276,640	3,270,414

- TIN:

TY 2020 LegalFeesSchedule

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	29,817	0	29,817	9,939

- TIN:

TY 2020 OtherAssetsSchedule

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
BUILDING - ARCHITURE AND ZONING	160,117	160,117	160,117
ART COLLECTION	3,179,116	3,179,116	4,800,000

- TIN:

TY 2020 OtherExpensesSchedule

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT EXPENSES	20,963	20,963	20,963	0
FOREIGN TAX PAID	1,090	1,090	1,090	0
BANK CHARGES	25	0	25	8
INSURANCE	36,789	0	36,789	12,263
MAINTENANCE	24,421	0	24,421	8,141
MANAGEMENT FEES	16,800	0	16,800	5,600
POSTAGE	42	0	42	14
REAL ESTATE TAXES	140,775	0	140,775	46,925
SECURITY EXPENSE	7,365	0	7,365	2,455
TELEPHONE & INTERNET	7,245	0	7,245	2,415
UTILITIES	52,993	0	52,993	17,664
REGISTRATION	365	0	365	121
OFFICE EXPENSE	37	0	37	12