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
SPEYER FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3700 SOUTH WATER STREET NO 100
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15203
A Employer identification number

23-3097648
B Telephone number (see instructions)

(412) 281-7224
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$2,356,316J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 32,251 32,251  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 151,124
b Gross sales price for all assets on line 6a 202,837
7 Capital gain net income (from Part IV, line 2)... 151,124
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 45,203 19,746  
12 Total. Add lines 1 through 11........ 228,578 203,121  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 2,088 1,670   418
b Accounting fees (attach schedule)....... Click to see attachment 20,287 16,230   4,057
c Other professional fees (attach schedule)....        
17 Interest............... 2,646 2,646   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,374 1,374   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 68,836 54,332   14,504
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 96,231 76,252   18,979
25 Contributions, gifts, grants paid....... 182,629 182,629
26 Total expenses and disbursements. Add lines 24 and 25 278,860 76,252   201,608
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -50,282
b Net investment income (if negative, enter -0-) 126,869
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............. 16,283 15,285 15,285
2 Savings and temporary cash investments......... 39,843 389,863 389,863
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,018,705 Click to see attachment555,488 721,018
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,388,948 Click to see attachment1,472,756 1,230,150
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,463,779 2,433,392 2,356,316
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment4,633 Click to see attachment24,528
23 Total liabilities (add lines 17 through 22)......... 4,633 24,528
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 2,411,749 2,411,749
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 47,397 -2,885
29 Total net assets or fund balances (see instructions)..... 2,459,146 2,408,864
30 Total liabilities and net assets/fund balances (see instructions). 2,463,779 2,433,392
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,459,146
2
Enter amount from Part I, line 27a .....................
2
-50,282
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,408,864
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,408,864
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 HOLLOW BROOK X003689      
b HOLLOW BROOK X050425      
c TILLIE ASSOCIATES      
d SM MERGER/ARITRAGE LP      
e MORELAND ASSOCIATES      
COMMONFUND CAPITAL PARTNERS VI LP      
CRAIL ASSOCIATES      
ANCORA CATALYST SPV I LP - SERIES E      
HOLLOW BROOK X003689      
HOLLOW BROOK X050425      
TILLIE ASSOCIATES      
SM MERGER/ARITRAGE LP      
MORELAND ASSOCIATES      
SPEYER HEALTHPOINT PARTNERS      
SPEYER BROADCAST ASSOCIATES LP      
SPEYER WARD ASSOCIATES      
COMMONFUND CAPITAL PARTNERS VI LP      
CRAIL ASSOCIATES      
ANCORA CATALYST SPV I LP - SERIES E      
SM MERGER/ARITRAGE LP      
MORELAND ASSOCIATES      
COMMONFUND CAPITAL PARTNERS VI LP      
(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     12,847 -12,847
b     4,331 -4,331
c     3,199 -3,199
d 1     1
e     53 -53
228     228
911     911
1,249     1,249
50,986     50,986
    8,615 -8,615
18,475     18,475
3     3
5,006     5,006
    22,668 -22,668
104,141     104,141
6,345     6,345
2,634     2,634
10,854     10,854
112     112
2     2
229     229
1,661     1,661
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       -12,847
b       -4,331
c       -3,199
d       1
e       -53
      228
      911
      1,249
      50,986
      -8,615
      18,475
      3
      5,006
      -22,668
      104,141
      6,345
      2,634
      10,854
      112
      2
      229
      1,661
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 2 151,124
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 1,763
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,763
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,763
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,591
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 3,591
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,828
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,828 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)
    bulletPA
    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 addressbulletN/A
    14
    The books are in care ofbulletTRUSTEE Telephone no.bullet (412) 281-7224

    Located atbullet3700 SOUTH WATER STREET SUITE 100PITTSBURGHPA ZIP+4bullet15203
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ALEXANDER C SPEYER III TRUSTEE
    0.05     		0 0 0
    3700 SOUTH WATER STREET SUITE 100
    PITTSBURGH,PA15203
    JAMES M SPEYER TRUSTEE
    0.05     		0 0 0
    3700 SOUTH WATER STREET SUITE 100
    PITTSBURGH,PA15203
    TIMOTHY S SPEYER TRUSTEE
    0.05     		0 0 0
    3700 SOUTH WATER STREET SUITE 100
    PITTSBURGH,PA15203
    DEBORA J SPEYER TRUSTEE
    0.05     		0 0 0
    3700 SOUTH WATER STREET SUITE 100
    PITTSBURGH,PA15203
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    738,199
    b
    Average of monthly cash balances.......................
    1b
    438,890
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,230,150
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,407,239
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,407,239
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    36,109
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,371,130
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    118,557
    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
    118,557
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,763
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,763
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    116,794
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    116,794
    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
    116,794
    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
    201,608
    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
    201,608
    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
    201,608
    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 7 116,794
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018...... 27,865
    e From 2019...... 52,496
    fTotal of lines 3a through e........ 80,361
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 201,608
    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..... 116,794
    e Remaining amount distributed out of corpus 84,814
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 165,175
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		165,175
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018.... 27,865
    d Excess from 2019.... 52,496
    e Excess from 2020.... 84,814
    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).)
    ALEXANDER C SPEYER III
    JAMES M SPEYER
    TIMOTHY S SPEYER
    DEBORA J SPEYER
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    CONTRIBUTIONS FROM PARTNERSHIP INVESMENTS
    3700 SOUTH WATER STREET 100
    PITTSBURGH,PA15203     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 61
    YOUR GRATEFUL NATION
    PO BOX 2034
    SMYRNA,GA30081     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,000
    SANTA FE BOTANICAL GARDEN
    P O BOX 23343
    SANTA FE,NM87502     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,000
    WYOFILE
    P O BOX 1099
    LANDER,WY82520     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 2,045
    WHEELWRIGHT MUSEUM
    704 CAMINO LEJO
    SANTA FE,NM87505     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 250
    WALK FOR STEVEN SMITH
    3806 MONUMENT AVENUE
    RICHMOND,VA23230     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 550
    VOTO LATINO FOUNDATION
    PO BOX 35608
    WASHINGTON,DC20033     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 5,000
    VETERINARY CARE FOUNDATION
    16550 NW 46TH STREET
    MORRISTON,FL32668     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 3,000
    UNIVERSITY OF MONTANA FOUNDATION
    P O BOX 7159
    MISSOULA,MT59807     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 2,500
    JEWISH FEDERATION OF GREATER PITTSBURGH
    2000 TECHNOLOGY DRIVE
    PITTSBURGH,PA15219     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 5,000
    SPEAKING VOLUMES ART CO HOLTER MUSEUM
    12 E LAWRENCE STREET
    HELENA,MT59601     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 5,000
    SOUL TRACK OUTDOORS
    2628 SHERIDAN ROAD SE SUITE 100
    WASHINGTON,DC20020     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 5,000
    SITE SANTA FE
    1606 PASEO DE PERALTA
    SANTA FE,NM87501     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,500
    SANTA FE SYMPHONY
    551 W CORDOVA ROAD
    SANTA FE,NM87505     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,000
    POWER UNITED
    520 PATTEE STREET
    MISSOULA,MT59802     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 2,500
    MONTANA WILDERNESS ASSOCIATION
    80 S WARREN STREET
    HELENA,MT59601     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,000
    PITTSBURGH SYMPHONY SOCIETY
    600 PENN AVENUE
    PITTSBURGH,PA15222     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 4,200
    PITTSBURGH PARKS CONSERVANCY
    45 S 23RD STREET 101
    PITTSBURGH,PA15203     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 5,000
    PITTSBURGH BOTANICAL GARDEN
    799 PINKERTON RUN ROAD
    OAKDALE,PA15071     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 11,000
    PILCHUCK GLASS SCHOOL
    240 2ND AVENUE S SUITE 100
    SEATTLE,WA98104     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,000
    PETA FOUNDATION
    501 FRONT STREET
    NORFOLK,VA23510     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 100
    PARKINSON FOUNDATION OF WESTERN PA
    575 LINCOLN AVENUE SUITE 101
    BELLEVUE,PA15202     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,000
    OREGON COAST SCHOOL OF ART
    325 HIGH STREET
    GARDINER,OR97441     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,000
    NORTON MUSEUM OF ART
    1450 S DIXIE HIGHWAY
    WEST PALM BEACH,FL33401     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 300
    NATIONAL MUSEUM OF WILDLIFE ART
    P O BOX 6825
    JACKSON,WY83002     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 3,000
    MUSIC CENTER OF STRATHMORE
    5301 TUCKERMAN LANE
    NORTH BETHESDA,MD20852     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,500
    MUSEUM OF NEW MEXICO FOUNDATION
    1411 PASEO DE PERALTA
    SANTA FE,NM87501     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 2,500
    MONTANA PRESERVATION ALLIANCE
    44 W 6TH AVENUE SUITE 110
    HELENA,MT59601     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,000
    MASSAI GIRLS EDUCATION FUND
    5800 MACARTHUR BOULEVARD NW
    WASHINGTON,DC20016     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,036
    LEWIS AND CLARK LIBRARY FOUNDATION
    120 S LAST CHANCE GULCH
    HELENA,MT59601     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,000
    FRICK ART HISTORY MUSEUM
    7227 REYNOLDS STREET
    PITTSBURGH,PA15208     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 2,156
    JEWISH HISTORICAL SOCIETY
    701 4TH STREET NW
    WASHINGTON,DC20001     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 5,000
    JACKSON HOLE CONSERVATION ALLIANCE
    685 S CACHE STREET
    JACKSON,WY83001     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,000
    JACKSON HOLE CENTER FOR GLOBAL AFFAIRS
    PO BOX 3040
    JACKSON,WY83001     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 5,000
    JACKSON COMMUNITY FOUNDATION
    245 E SIMPSON AVENUE
    JACKSON,WY83001     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 16,000
    HELENA SYMPHONY
    21 N LAST CHANCE GULCH SUITE 100
    HELENA,MT59601     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,000
    HELENA FOOD SHARE
    P O BOX 943
    HELENA,MT59624     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 2,000
    HELENA EDUCATION FOUNDATION
    55 S RODNEY STREET
    HELENA,MT59601     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,000
    HOPITAL ALBERT SCHWEITZER HAITI
    PO BOX 110091
    PITTSBURGH,PA15232     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 2,000
    GRANDSTREET THEATRE
    325 N PARK AVENUE
    HELENA,MT59601     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 6,000
    GRAND TETON NATIONAL PARK FOUNDATION
    115 E PEARL AVENUE SUITE 201
    JACKSON,WY83001     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 20,200
    GLACIER CONSERVANCY
    PO BOX 2749
    COLUMBIA FALLS,MT59912     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 2,000
    FORWARD MONTANA FOUNDATION
    PO BOX 2817
    MISSOULA,MT59806     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 2,000
    BIG SKY INSTITUTE FOR THE ADVANCEMENT OF NON-PROFITS
    P O BOX 1514
    HELENA,MT59624     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 10,000
    EXPLORATION WORKS
    995 CAROUSEL WAY
    HELENA,MT59601     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 2,000
    EFO INTERNATIONAL
    1430 2ND STREET
    WILSON,WY83014     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 5,000
    DEFIANT REQUIEM
    5506 CONNECTICUT AVENUE NW
    WASHINGTON,DC20015     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,500
    CORNERSTONES COMMUNITY PARTNERSHIP
    227 OTERO ST
    SANTA FE,NM87501     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 600
    CONTEMPORARY CRAFT
    2100 SMALLMAN STREET
    PITTSBURGH,PA15222     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 5,000
    COMMUNITY SUPPORT CENTER
    236 E REEDER STREET
    DILLON,MT59725     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,000
    COLLATERAL REPAIR PROJECT
    PO BOX 23146
    BROOKLYN,NY11202     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,000
    COHESION DANCE PROJECT
    1020 ARGYLE STREET
    HELENA,MT59601     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,000
    CITY KIDS WILDERNESS PROJECT
    2437 15TH STREET NW
    WASHINGTON,DC20009     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 17,336
    CHILD CARE CONNECTIONS
    901 N BENTON AVENUE
    HELENA,MT59601     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,000
    BLUEGRASS COUNTRY FOUNDATION
    4401 CONNECTICUT AVENUE NW
    WASHINGTON,DC20008     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 1,300
    ASSOCIATION OF SMALL FOUNDATIONS
    1667 K STREET NW SUITE 550
    WASHINGTON,DC20006     		  PC TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. 495
    Total .................................bullet 3a 182,629
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 32,251  
    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.....     14 45,203  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 151,124  
    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).. 0 228,578 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    228,578
    (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:
    SPEYER FAMILY FOUNDATION
    EIN:
    23-3097648
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING & TAX RETURN PREPARATION 20,287 16,230   4,057

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    SPEYER FAMILY FOUNDATION
    EIN:
    23-3097648
    Name of Stock End of Year Book Value End of Year Fair Market Value
    87 SHARES ABBOTT LABS 7,721 9,526
    157 SHARES AGNICO EAGLE MINES LTD 5,588 11,070
    65 SHARES AIR LIQUIDE ADR 2,135 2,138
    7 SHARES ALPHABET INC 5,698 12,268
    122 SHARES APPLE INC 2,888 16,188
    456 SHARES B RILEY FINANCIAL INC 8,266 20,164
    193 SHARES BARRICK GOLD CORP 4,089 4,397
    23 SHARES BERKSHIRE HATHAWAY INC 4,335 5,333
    11 SHARES BERKSHIRE HATHAWAY INC 2,537 2,551
    26 SHARES BERKSHIRE HATHAWAY INC 5,250 6,029
    77 SHARES BLACKROCK HEALTH SCIENCES OPPORTUNITIES FUND 4,625 6,016
    117 SHARES CISCO SYSTEMS 4,923 5,236
    138 SHARES CROWN CASTLE INTL CORP 11,914 21,968
    78 SHARES DBS GROUP HOLDINGS LTD 5,101 5,932
    491 SHARES ENTERPRISE PRODUCTS PARTNERS LP 9,492 9,619
    33 SHARES FACEBOOK INC 7,607 9,014
    190 SHARES FIDELITY SELECT HEALTH CARE FUND 4,620 6,038
    271 SHARES GILEAD SCIENCES INC 22,659 15,788
    1662 SHARES GMO QUALITY SERIES FUND 17,482 21,007
    152 SHARES HEIDELBERGCEMENT AG ADR 2,146 2,269
    236 SHARES INVESCO EXCH-TR FD AEROSPACE & DEF 8,678 16,017
    91 SHARES ITOCHU CORP 4,759 5,254
    114 SHARES JOHNSON & JOHNSON 11,137 17,941
    99 SHARES KRANESHARES TR CSI CHINA INTERNET ETF 4,226 7,602
    79 MICROSOFT INC 5,037 17,571
    199 SHARES MITSUBISHI CORP 4,903 4,965
    13 SHARES MITSUI & CO LTD 4,689 4,794
    57 SHARES NESTLE SA 6,172 6,715
    95 SHARES RAYTHEON CO 7,337 6,793
    356 SHARES REAVES UTILITIES INCOME FD 10,622 11,673
    79 SHARES RIO TINTO PLC 5,046 5,942
    60 SHARES SAFRAN SA ADR 2,222 2,128
    39 SHARES SAP AE SPONSORED ADR 4,560 5,085
    91 SHARES SPDR GOLD TRUST 11,198 16,231
    34 SHARES SPDR S&P BIOTECH ETF 3,911 4,787
    337 SHARES VANECK VECTORS GOLD MINERS ETF 9,156 12,139
    46 SHARES VERISK ANALYTICS INC 7,322 9,549
    136 SHARES VERIZON COMMUNICATIONS INC 7,489 7,990
    65 SHARES WALMART INC 7,986 9,370
    840 SHARES WORLD GOLD MINISHARES TRUST 13,254 15,910
    4184 SHARES BNY MELLON INTERNATIONAL STOCK FUND 72,500 102,328
    1372 SHARES VANECK VECTORS GOLD MINERS TR 47,240 49,419
    8933 SHARES WORLD GOLD SPDR GOLD MINISHARES TR 156,968 188,264

    TY 2020 InvestmentsOtherSchedule2
    Name:
    SPEYER FAMILY FOUNDATION
    EIN:
    23-3097648
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    TILLIE ASSOCIATES AT COST 227,729 227,370
    SM MERGER/ARBITRAGE LP AT COST 270,250 206,065
    MORELAND ASSOCIATES AT COST 109,001 57,032
    SPEYER HEALTHPOINT PARTNERS AT COST 27,327 37,769
    SPERRY BROADCAST ASSOCIATES AT COST 77,496 116,475
    SPEYER WARD ASSOCIATES AT COST 180,384 217,726
    SILVER BULLET 18% SENIOR SECURED DEBT AT COST 92,500 0
    COMMONFUND CAPITAL PARTNERS VI LP AT COST 60,057 77,336
    CRAIL ASSOCIATES AT COST 136,870 126,592
    AG ENERGY PARTNERS II AT COST 191,132 90,635
    ANCORA CATALYST SPV SERIES K AT COST 100,010 73,150

    TY 2020 LegalFeesSchedule
    Name:
    SPEYER FAMILY FOUNDATION
    EIN:
    23-3097648
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 2,088 1,670   418


    TY 2020 OtherExpensesSchedule
    Name:
    SPEYER FAMILY FOUNDATION
    EIN:
    23-3097648
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE EXPENSES 22,837 18,270   4,567
    OFFICE EXPENSES 1,858 929   929
    MISCELLANEOUS 18,016 9,008   9,008
    INVESTMENT MANAGEMENT FEES 26,125 26,125   0


    TY 2020 OtherIncomeSchedule2
    Name:
    SPEYER FAMILY FOUNDATION
    EIN:
    23-3097648
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    COMMONFUND CAPITAL PARTNERS VI 902 902 902
    SM MERGER/ARBITRAGE LP 2,161 2,161 2,161
    MORELAND ASSOCIATES -561 14 -561
    GRAND TETON INVESTMENTS -6,201 1,806 -6,201
    SPERRY BROADCAST PARTNERS 14,863 14,863 14,863
    SPEYER WARD ASSOCIATES 34,039 0 34,039


    TY 2020 OtherLiabilitiesSchedule
    Name:
    SPEYER FAMILY FOUNDATION
    EIN:
    23-3097648
    Description Beginning of Year - Book Value End of Year - Book Value
    GRAND TETON INVESTMENTS LLC - DEFICIT 4,633 24,528


    TY 2020 TaxesSchedule
    Name:
    SPEYER FAMILY FOUNDATION
    EIN:
    23-3097648
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX ON INVESTMENT INCOME 1,374 1,374   0
    PRIVATE FOUNDATION TAX 1,000 0   0