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
SILVER MOUNTAIN FOUNDATION FOR THE ARTS
 
Number and street (or P.O. box number if mail is not delivered to street address)360 MOUNT KEMBLE AVE SUITE 5
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MORRISTOWN, NJ07960
A Employer identification number

13-3157286
B Telephone number (see instructions)

(973) 682-2688
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$21,902,048J 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) 5,000,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 560 560  
4 Dividends and interest from securities... 153,129 153,129  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 431,737
b Gross sales price for all assets on line 6a 7,016,989
7 Capital gain net income (from Part IV, line 2)... 432,666
8 Net short-term capital gain.........  
9 Income modifications........... 10,000
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 4,575 0  
12 Total. Add lines 1 through 11........ 5,590,001 586,355 10,000
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 243,689 243,689   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,354 5,354   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 910 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 249,953 249,043   0
25 Contributions, gifts, grants paid....... 5,284,000 5,284,000
26 Total expenses and disbursements. Add lines 24 and 25 5,533,953 249,043   5,284,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 56,048
b Net investment income (if negative, enter -0-) 337,312
c Adjusted net income (if negative, enter -0-)... 10,000
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,370,497 3,252,449 3,252,449
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)....... 1,860,989 Click to see attachment1,905,821 4,219,154
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 13,886,102 Click to see attachment12,011,777 14,430,445
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) 17,117,588 17,170,047 21,902,048
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 17,117,588 17,170,047
29 Total net assets or fund balances (see instructions)..... 17,117,588 17,170,047
30 Total liabilities and net assets/fund balances (see instructions). 17,117,588 17,170,047
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
17,117,588
2
Enter amount from Part I, line 27a .....................
2
56,048
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
10,000
4
Add lines 1, 2, and 3 ..........................
4
17,183,636
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
13,589
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
17,170,047
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 NATIONAL FINANCIAL SERVICES LLC 328 P    
b NATIONAL FINANCIAL SERVICES LLC 328 P    
c NATIONAL FINANCIAL SERVICES LLC 329 P    
d NATIONAL FINANCIAL SERVICES LLC 329 P    
e NATIONAL FINANCIAL SERVICES LLC 330 P    
NATIONAL FINANCIAL SERVICES LLC 330 P    
NATIONAL FINANCIAL SERVICES LLC 331 P    
NATIONAL FINANCIAL SERVICES LLC 331 P    
PERSHING LLC P    
PERSHING LLC P    
UBS FINANCIAL SERVICES LLC P    
UBS FINANCIAL SERVICES LLC P    
BANK OF AMERICA, N.A. P    
BANK OF AMERICA, N.A. P    
SOUTH STREET CAPITAL II, LLC P    
SOUTH STREET CAPITAL II, LLC P    
5 SHS AMAZON.COM D 2011-09-21 2020-08-20
Capital Gains Dividends P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 812,814   785,272 27,542
b 2,477,858   2,580,007 -102,149
c 92,595   79,838 12,757
d 396,790   290,088 106,702
e 162,245   156,027 6,218
421,983   356,097 65,886
35,759   29,565 6,194
90,969   140,062 -49,093
43,109   63,029 -19,920
51,441   70,656 -19,215
356,466   378,981 -22,515
948,110   651,860 296,250
17,285   17,056 229
932,706   985,555 -52,849
5,911     5,911
119,475     119,475
16,409   230 16,179
35,064     35,064
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       27,542
b       -102,149
c       12,757
d       106,702
e       6,218
      65,886
      6,194
      -49,093
      -19,920
      -19,215
      -22,515
      296,250
      229
      -52,849
      5,911
      119,475
      16,179
      35,064
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 2 432,666
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 4,689
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 4,689
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 4,689
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 7,446
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 9,946
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 5,257
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet5,257 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)
    bulletNY
    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 ofbulletCHERYL M BROWN CPA Telephone no.bullet (973) 682-2688

    Located atbullet360 MOUNT KEMBLE AVE SUITE 5MORRISTOWNNJ ZIP+4bullet07960
    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
    JOHN P SIMON TRUSTEE / AS REQUIRED
    0.00     		0 0 0
    360 MOUNT KEMBLE AVE SUITE 5
    MORRISTOWN,NJ07960
    MS GUMMER TRUSTEE / AS REQUIRED
    0.00     		0 0 0
    360 MOUNT KEMBLE AVE SUITE 5
    MORRISTOWN,NJ07960
    CHERYL M BROWN ASSISTANT TREASURER AND VICE PRESIDENT
    0.00     		0 0 0
    360 MOUNT KEMBLE AVE SUITE 5
    MORRISTOWN,NJ07960
    MICHAEL T OLIVERI CHIEF FINANCIAL OFFICER AND TREASURER
    0.00     		0 0 0
    360 MOUNT KEMBLE AVE SUITE 5
    MORRISTOWN,NJ07960
    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
    17,189,357
    b
    Average of monthly cash balances.......................
    1b
    1,089,933
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    18,279,290
    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
    18,279,290
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    274,189
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    18,005,101
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    900,255
    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
    900,255
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    4,689
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,689
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    895,566
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    895,566
    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
    895,566
    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
    5,284,000
    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
    5,284,000
    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
    5,284,000
    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 7 895,566
    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...... 23,549
    b From 2016...... 17,292
    c From 2017......  
    d From 2018...... 119,880
    e From 2019......  
    fTotal of lines 3a through e........ 160,721
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 5,284,000
    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..... 895,566
    e Remaining amount distributed out of corpus 4,388,434
    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 4,549,155
    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) ...     		23,549
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		4,525,606
    10 Analysis of line 9:
    a Excess from 2016.... 17,292
    b Excess from 2017....  
    c Excess from 2018.... 119,880
    d Excess from 2019....  
    e Excess from 2020.... 4,388,434
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    MS GUMMER
    360 MOUNT KEMBLE AVE SUITE 5
    MORRISTOWN,NJ07960
    (973) 898-0290
    bThe form in which applications should be submitted and information and materials they should include:
    IN WRITING WITH A COPY OF THE I.R.S. DETERMINATION LETTER STATING IT IS A TAX-EXEMPT CHARITABLE ORGANIZATION.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    Actors Fund Of America
    729 Seventh Avenue 10th Floor
    New York,NY10019     		  Public Charity GENERAL PURPOSES - Arts & Culture 1,000,000
    Berkshire Taconic Community Foundation
    271 Main Street
    Great Barrington,MA01230     		  Public Charity GENERAL PURPOSES 5,000
    Broadway CaresEquity Fights Aids Inc
    165 W 46th Street Suite 1300
    New York,NY10036     		  Public Charity GENERAL PURPOSES - Social Welfare 2,000
    Cary Institute Of Eco-System Studies
    PO Box AB
    Millbrook,NY12545     		  Public Charity GENERAL PURPOSES - Environmental 500
    Christopher Reeve Foundation
    500 Morris Avenue
    Springfield,NJ07081     		  Public Charity GENERAL PURPOSES - Healthcare 2,000
    City Meals On Wheels
    355 Lexington Avenue
    New York,NY10017     		  Public Charity GENERAL PURPOSES - Social Welfare 110,000
    Coalition for the Homeless
    89 Chambers Street 3rd Floor
    New York,NY10007     		  Public Charity GENERAL PURPOSES - Social Welfare 5,000
    Color of Change Education Fund
    1714 Franklin St 100-135
    Oakland,CA94612     		  Public Charity GENERAL PURPOSES - Social Welfare 25,000
    Columbia Graduate School of Journalism
    2950 Broadway
    NEW YORK,NY10027     		  Public Charity GENERAL PURPOSES - Education 20,000
    Committee to Protect Journalists
    330 7th Ave 11th Floor
    NEW YORK,NY10001     		  Public Charity GENERAL PURPOSES - Social Welfare 50,000
    Congregational Church Of Salisbury
    30 Main Street PO Box 392
    Salisbury,CT06068     		  Public Charity GENERAL PURPOSES - Religion 1,000
    Connecticut Farmland Trust
    77 Buckingham Street
    Hartford,CT06106     		  Public Charity GENERAL PURPOSES - Environmental 3,000
    Conservation Law Foundation
    62 Summer Street
    Boston,MA02110     		  Public Charity GENERAL PURPOSES - Environmental 1,000
    Danbury Hospital
    24 Hospital Ave
    Danbury,CT06810     		  Public Charity GENERAL PURPOSES - Healthcare 100,000
    Denison Pequotsepos Nature Center
    PO Box 122
    Mystic,CT06355     		  Public Charity GENERAL PURPOSES - Environmental 500
    Donor Direct Action
    PO Box 231310
    New York,NY10023     		  Public Charity GENERAL PURPOSES 27,000
    Equal Justice Initiative
    122 Commerce St
    Montgomery,AL36104     		  Public Charity GENERAL PURPOSES - Social Welfare 50,000
    Equality Now Inc
    250 West 57th Steet Suite 1527
    New York,NY10107     		  Public Charity GENERAL PURPOSES - Social Welfare 10,000
    Eugene O'Neill Theater Center
    305 Great Neck Road
    Waterford,CT06385     		  Public Charity GENERAL PURPOSES - Arts & Culture 10,000
    Extras
    Town Hall
    Salisbury,CT06068     		  Public Charity GENERAL PURPOSES - Youth 500
    Feeding America
    161 North Clark St Suite 700
    Chicago,IL60601     		  Public Charity GENERAL PURPOSES - Social Welfare 1,000,000
    Times Up
    3756 W Ave 49 Suite K 507
    Los Angeles,CA90065     		  Public Charity GENERAL PURPOSES - Social Welfare 150,000
    Hearts Of The Father Outreach
    PO Box 491
    Sheffield,MA01257     		  Public Charity GENERAL PURPOSES - Religion 5,000
    Hole in the Wall Gang Fund Inc
    555 Long Wharf Drive
    New Haven,CT06511     		  Public Charity GENERAL PURPOSES - Youth 1,000
    Housatonic Child Care Center
    30 Salmon Kill Road
    Salisabury,CT06068     		  Public Charity GENERAL PURPOSES - Youth 1,000
    Housatonic Valley Association
    150 Kent Rd PO Box 28
    Cornwall Bridge,CT06754     		  Public Charity GENERAL PURPOSES 1,000
    Housatonic Youth Service Bureau
    PO Box 356
    Falls Village,CT06031     		  Public Charity GENERAL PURPOSES - Youth 1,000
    Indiana University Foundation
    1500 State Rd 46
    Bloomington,IN47408     		  Public Charity GENERAL PURPOSES - Education 10,000
    International Consortium Investigative Journalists
    1710 Rhode Island Ave NW 11th Floor
    Washington,DC20006     		  Public Charity GENERAL PURPOSES - Social Welfare 75,000
    International Rescue Committee
    122 E 42nd St
    New York,NY10168     		  Public Charity GENERAL PURPOSES - Social Welfare 125,000
    Juvenile Diabetes Foundation Internationa
    432 Park Avenue South 15th Floor
    New York,NY10016     		  Public Charity GENERAL PURPOSES - Healthcare 10,000
    Kageno Worldwide
    261 Broadway Suite 10D
    New York,NY10007     		  Public Charity GENERAL PURPOSES - Healthcare 10,000
    LA Food Bank
    1734 E 41st St
    Los Angeles,CA90058     		  Public Charity GENERAL PURPOSES 100,000
    Lake Wononscopomuc Association
    PO Box 243
    Salisbury,CT06039     		  Public Charity GENERAL PURPOSES 1,000
    Memorial Sloan-Kettering Cancer Center
    1275 York Avenue
    New York,NY10021     		  Public Charity GENERAL PURPOSES - Healthcare 1,000
    Ms Foundation For Women
    120 Wall Street 33rd Floor
    New York,NY10005     		  Public Charity GENERAL PURPOSES 10,000
    NAACP
    4805 Mt Hope Drive
    Baltimore,MD21215     		  Public Charity GENERAL PURPOSES - Social Welfare 6,000
    National Domestic Workers Alliance
    1204 Broadway 2nd Floor
    New York,NY10001     		  Public Charity GENERAL PURPOSES - Social Welfare 35,000
    Natural Resources Defense Council
    40 West 20th Street
    New York,NY10011     		  Public Charity GENERAL PURPOSES - Environmental 10,000
    New York Stage and Film
    315 West 36th Street Ste 1006
    New York,NY10018     		  Public Charity GENERAL PURPOSES - Arts & Culture 10,000
    New York Women in Film & Television
    6 East 39th Street Suite 1200
    New York,NY10016     		  Public Charity GENERAL PURPOSES - Arts & Culture 25,000
    Noon Day Farm Inc
    PO Box 71
    Winchendon,MA01475     		  Public Charity GENERAL PURPOSES - Environmental 2,000
    Opus 118 Harlem School of Music
    112 E 106th Street PO Box 986
    New York,NY10029     		  Public Charity GENERAL PURPOSES - Arts & Culture 5,000
    Partners in Health
    641 Huntington Avenue 1st Floor
    Boston,MA02115     		  Public Charity GENERAL PURPOSES - Healthcare 20,000
    Pilobolus Inc
    PO Box 388
    Washington Depot,CT06794     		  Public Charity GENERAL PURPOSES - Arts & Culture 2,000
    Plan International USA Inc
    155 Plan Way
    Warwick,RI02886     		  Public Charity GENERAL PURPOSES 2,000
    Planned Parenthood Federation Of America
    434 West 33rd Street
    New York,NY10001     		  Public Charity GENERAL PURPOSES - Healthcare 25,000
    Rainforest Foundation
    32 Broadway Suite 1614
    New York,NY10004     		  Public Charity GENERAL PURPOSES - Environmental 1,000
    Research to Prevent Blindness
    645 Madison Avenue 21st Floor
    New York,NY10022     		  Public Charity GENERAL PURPOSES - Healthcare 1,000
    Row New York
    1 Liberty Plaza 34th Floor
    New York,NY10006     		  Public Charity GENERAL PURPOSES - Youth 500
    SAG-AFTRA Foundation
    5757 Wilshire Boulevard Suite PH1
    Los Angeles,CA90036     		  Public Charity GENERAL PURPOSES - Social Welfare 1,000,000
    Salisbury Association
    PO Box 553
    Salisbury,CT06068     		  Public Charity GENERAL PURPOSES 5,000
    Salisbury Family Service
    30A Salmon Kill Road - PO Box 379
    Salisbury,CT06069     		  Public Charity GENERAL PURPOSES - Social Welfare 5,000
    Salisbury Visiting Nurse Association
    30A Salmon Kill Road PO Box 645
    Salisbury,CT06068     		  Public Charity GENERAL PURPOSES - Healthcare 1,000
    Salisbury Volunteer Ambulance Service
    PO Box 582
    Salisbury,CT06068     		  Public Charity GENERAL PURPOSES - Healthcare 5,000
    SalisburyLakeville Fire Department
    Lakeville Hose 1
    Lakeville,CT06039     		  Public Charity GENERAL PURPOSES - Social Welfare 1,000
    Scoville Memorial Library Association
    38 Main Street
    Salisbury,CT06068     		  Public Charity GENERAL PURPOSES - Library 1,000
    Screen Actors Guild Fund
    5757 Wilshire Blvd 7th Floor
    Los Angeles,CA90036     		  Public Charity GENERAL PURPOSES - Arts & Culture 1,000
    Second Stage
    5757 Wilshire Blvd 7th Floor
    Los Angeles,CA90036     		  Public Charity GENERAL PURPOSES - Arts & Culture 1,000
    Streetsquash Inc
    420 Lexington Ave Ste 246
    New York,NY10170     		  Public Charity GENERAL PURPOSES - Youth 500
    Stuttering Association for the Young
    330 West 42nd Street 12th Floor
    New York,NY10036     		  Public Charity GENERAL PURPOSES - Youth 500
    The Corner Pantry
    PO Box 153
    Lakeville,CT06039     		  Public Charity GENERAL PURPOSES 5,000
    The Greater Boston Food Bank
    70 S Bay Ave
    Boston,MA02118     		  Public Charity GENERAL PURPOSES 10,000
    The Hunger Project
    5 Union Square West
    New York,NY10003     		  Public Charity GENERAL PURPOSES - Social Welfare 1,000
    The Innocence Project
    40 Worth St Ste 701
    New York,NY10013     		  Public Charity GENERAL PURPOSES - Civil Rights 60,000
    The Kaufman Center
    129 W 67th Street
    New York,NY10023     		  Public Charity GENERAL PURPOSES - Arts & Culture 5,000
    Theater Development Fund
    520 8th Ave 801
    New York,NY10018     		  Public Charity GENERAL PURPOSES - Arts & Culture 25,000
    Union Of Concerned Scientists
    2 Brattle Square PO Box 9105
    Cambridge,MA02238     		  Public Charity GENERAL PURPOSES - Environmental 1,000
    United Way of Greater Los Angeles
    1150 S Olive St Suite T500
    Los Angeles,CA90015     		  Public Charity GENERAL PURPOSES - Social Welfare 10,000
    Vassar College
    124 Raymond Avenue PO Box 14
    Poughkeepsie,NY12604     		  Public Charity GENERAL PURPOSES - Education 25,000
    Vital Voices Global Partnership
    1625 Massachusetts Ave NW
    Washington,DC20036     		  Public Charity GENERAL PURPOSES - Social Welfare 2,000
    WNYC-New York Public Radio
    One Centre Street
    New York,NY10007     		  Public Charity GENERAL PURPOSES - Arts & Culture 10,000
    WAMC-North East Public Radio
    318 Central Avenue PO Box 66600
    Albany,NY12206     		  Public Charity GENERAL PURPOSES - Arts & Culture 1,000
    Women's Refugee Commission
    122 East 42nd Street
    New York,NY10168     		  Public Charity GENERAL PURPOSES - Social Welfare 10,000
    Women's Support Services
    PO Box 341
    Sharon,CT06069     		  Public Charity GENERAL PURPOSES - Social Welfare 1,000
    Women for Women International
    4455 Connecticut Ave NW
    Washington,DC20008     		  Public Charity GENERAL PURPOSES - Social Welfare 2,000
    Women In Need
    115 West 31st Street 7th Floor
    New York,NY10001     		  Public Charity GENERAL PURPOSES - Social Welfare 2,000
    World Central Kitchen
    655 New York Ave NW 6th Fl
    Washington,DC20001     		  Public Charity GENERAL PURPOSES 1,000,000
    Yale University School of Drama
    PO Box 2038
    New Haven,CT06521     		  Public Charity GENERAL PURPOSES - Arts & Culture 25,000
    Total .................................bullet 3a 5,284,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 560  
    4 Dividends and interest from securities....     14 153,129  
    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 ............     		    18 431,737  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aNONDIVIDEND DISTRIBUTION     		    01 4,575  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 590,001 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    590,001
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    SILVER MOUNTAIN FOUNDATION FOR THE ARTS
     
    Employer identification number

    13-3157286
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    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
    Special Rules
    ......... 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
    SILVER MOUNTAIN FOUNDATION FOR THE ARTS
          		Employer identification number
    13-3157286
    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
    MS GUMMER
     
    360 MOUNT KEMBLE AVE SUITE 5
     
    MORRISTOWN, NJ07960

    		$ 5,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (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
    SILVER MOUNTAIN FOUNDATION FOR THE ARTS
          		Employer identification number

    13-3157286
    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
    SILVER MOUNTAIN FOUNDATION FOR THE ARTS
          		Employer identification number

    13-3157286
    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 $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use 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 (c) Use 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 (c) Use 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 (c) Use 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:  

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    SILVER MOUNTAIN FOUNDATION FOR THE ARTS
    EIN:
    13-3157286
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MERCK & CO INC 69,632 116,667
    UBS FINANCIAL SERVICES 1,836,189 4,102,487

    TY 2020 InvestmentsOtherSchedule2
    Name:
    SILVER MOUNTAIN FOUNDATION FOR THE ARTS
    EIN:
    13-3157286
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VANGUARD SHORT-TERM INVEST-GRADE ADMIRAL AT COST 0 86
    EATON VANCE FLTG RATE FUND AT COST 1 1
    SOUTH STREET CAPITAL II,LP-OVERLOOK & 3G AT COST 1,066,925 1,477,063
    SPDR SSGA GENDER DIVERSITY INDEX AT COST 98,775 134,490
    ACK ASSET PARTNERS (CAYMAN) AT COST 1,000,000 1,415,670
    ALTUM CREDIT FUND LTD AT COST 1,000,000 1,075,675
    ARROWMARK INCOME OPPORTUNITY AT COST 929,458 1,064,407
    KLS DIVERSIFIED OPT FUND AT COST 1,000,000 858,494
    FIDELITY INVESTMENTS - 328 AT COST 1,965,861 2,316,388
    FIDELITY INVESTMENTS - 329 AT COST 561,116 928,458
    FIDELITY INVESTMENTS - 330 AT COST 472,064 650,980
    FIDELITY INVESTMENTS - 331 AT COST 525,736 689,994
    ROSE GROVE OFFSHORE FUND AT COST 750,000 850,316
    CIGNA CORP NEW AT COST 3,829 11,866
    PERSHING LLC INVESTMENTS AT COST 638,012 759,760
    LIGHT STREET XENON LTD AT COST 500,000 574,479
    SEG PARTNERS OFFSHORE LTD AT COST 750,000 750,000
    RIVERNORTH AT COST 750,000 872,318

    TY 2020 OtherDecreasesSchedule
    Name:
    SILVER MOUNTAIN FOUNDATION FOR THE ARTS
    EIN:
    13-3157286
    Description Amount
    TAX COST ADJUSTMENTS 13,589


    TY 2020 OtherExpensesSchedule
    Name:
    SILVER MOUNTAIN FOUNDATION FOR THE ARTS
    EIN:
    13-3157286
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PUBLIC NOTICE - NY LAW JOURNAL 160 0   0
    ANNUAL FILING - NYS DEPT OF LAW 750 0   0


    TY 2020 OtherIncomeSchedule2
    Name:
    SILVER MOUNTAIN FOUNDATION FOR THE ARTS
    EIN:
    13-3157286
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    NONDIVIDEND DISTRIBUTION 4,575   4,575


    TY 2020 OtherIncreasesSchedule
    Name:
    SILVER MOUNTAIN FOUNDATION FOR THE ARTS
    EIN:
    13-3157286
    Description Amount
    RECOVERY OF QUALIFYING DISTRIBUTION 10,000


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    SILVER MOUNTAIN FOUNDATION FOR THE ARTS
    EIN:
    13-3157286
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SIMON QUICK ADVISORS 158,419 158,419   0
    UBS FINANCIAL SERVICES LLC 40,890 40,890   0
    BANK OF AMERICA, N.A. 2,235 2,235   0
    PERSHING LLC 7,111 7,111   0
    NATIONAL FINANCIAL SERVICES LLC 329 8,084 8,084   0
    NATIONAL FINANCIAL SERVICES LLC 330 11,813 11,813   0
    SOUTH STREET CAPITAL II LLC 11,384 11,384   0
    NATIONAL FINANCIAL SERVICES LLC 331 3,753 3,753   0


    TY 2020 TaxesSchedule
    Name:
    SILVER MOUNTAIN FOUNDATION FOR THE ARTS
    EIN:
    13-3157286
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    UBS FINANCIAL SERVICES LLC-FOREIGN TAX PAID 145 145   0
    NATIONAL FINANCIAL SERVICES LLC 329-FOREIGN TAX PAID 1,322 1,322   0
    NATIONAL FINANCIAL SERVICES LLC 331-FOREIGN TAX PAID 113 113   0
    PERSHING LLC-FOREIGN TAX PAID 955 955   0
    SOUTH STREET CAPITAL II, LLC 2,819 2,819   0