TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021

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

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

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

A Employer identification number

46-2975291

B Telephone number (see instructions)

(203) 861-9201

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$13,332,169J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)	215,775
2	Check .............
3	Interest on savings and temporary cash investments	6		6	6
4	Dividends and interest from securities...	73,350		73,350	73,350
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		158,941
b	Gross sales price for all assets on line 6a 629,486
7	Capital gain net income (from Part IV, line 2)...			158,941
8	Net short-term capital gain.........				3,856
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	448,072		232,297	77,212
13	Compensation of officers, directors, trustees, etc.	0		0	0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		19,835	0	19,835	6,612
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		2,500	0	2,500	0
19	Depreciation (attach schedule) and depletion...		91,803	0	91,803
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		251,479	24,525	251,479	75,652
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	365,617		24,525	365,617	82,264
25	Contributions, gifts, grants paid.......	33,000				33,000
26	Total expenses and disbursements. Add lines 24 and 25	398,617		24,525	365,617	115,264
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	49,455
b	Net investment income (if negative, enter -0-)			207,772
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2021)

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	63,738	94,365	94,365
	2	Savings and temporary cash investments.........	116,182	235,115	235,115
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	612,191	515,847	535,578
	b	Investments—corporate stock (attach schedule).......	1,004,812	1,194,406	2,238,250
	c	Investments—corporate bonds (attach schedule).......	627,253	525,699	555,650
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 4,887,790
		Less: accumulated depreciation (attach schedule) 374,696	4,604,895	4,513,094	4,513,094
	15	Other assets (describe )	3,339,233	3,339,233	5,160,117
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	10,368,304	10,417,759	13,332,169
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	10,368,304	10,417,759
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	10,368,304	10,417,759
	30	Total liabilities and net assets/fund balances (see instructions).	10,368,304	10,417,759

Part III

Analysis of Changes in Net Assets or Fund Balances

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

10,368,304

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

49,455

Other increases not included in line 2 (itemize) bullet

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

10,417,759

Decreases not included in line 2 (itemize) bullet

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

10,417,759

Form 990-PF (2021)

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	18 SH RIO TINTO PLC SPONS ADR	P	2020-03-13	2021-01-12
b	80 SH KION GRP AD ADR	P	2020-05-29	2021-01-26
c	89 SH CAMECO CORP	P	2018-10-10	2021-02-11
d	20 SH NUTRIEN LTD COM	P	2020-09-11	2021-03-24
e	89 SH FANUC CORP	P	2020-05-28	2021-05-06
	60 SH SQUARE ENIX HLDGS CO	P	2021-02-12	2021-06-02
	23 SH TENCENT HLDGS LTD	P	2020-10-20	2021-08-17
	29 SH UNILIVER PLC SPONS ADR	P	2021-01-12	2021-09-16
	28 SH KIRLAND LAKE GOLD LTD	P	2021-02-11	2021-10-18
	245 SH ANRITSU CORP UNSPON ADR	P	2021-06-15	2021-12-20
	14 SH HEXAGON AB	P	2018-11-20	2021-01-12
	163 SH MITSUBISHI UFJ FINL GRP	P	2018-10-10	2021-01-12
	4 SH RIO TINTO PLC SPON ADR	P	2019-08-20	2021-01-12
	245 SH MITSUBISHI UFJ FINL GRP	P	2018-10-10	2021-01-13
	124 SH PANDORA A/S SPON ADR	P	2018-10-10	2021-01-13
	97 SH ASTELLAS PHARMA INC ADR	P	2013-07-31	2021-01-25
	18 SH HONG KONG EXCHANGES & CLEARI	P	2018-12-11	2021-01-25
	447 SH EUROFINS SCIENTIFIC SE UNSPONSORE ADR	P	2019-11-14	2021-02-03
	184 SH ASAHI KASEI CORP	P	2018-10-10	2021-02-04
	37 SH CAMECO CORP	P	2019-06-04	2021-02-11
	73 SH NIPPON TELEGRAPH & TELEPHONE CORP	P	2018-10-10	2021-02-11
	53 SH CAMECO CORP	P	2018-10-10	2021-02-12
	64 SH ANGLO AMERN PLC	P	2019-09-13	2021-03-24
	41 SH NIPPON TELEGRAPH & TELEPHONE CORP	P	2014-05-01	2021-03-24
	15 SH RIO TINTO PLC SPONSORED ADR	P	2019-08-20	2021-03-24
	227 SH CREDIT SUISSE GROUP SPNS ADR	P	2018-10-10	2021-03-31
	246 SH AGL ENERGY LTD SPONSORED ADS	P	2018-10-10	2021-04-23
	231 SH ASTELLAS PHARMA INC ADR	P	2013-07-31	2021-04-23
	23 SH HEXAGON AB	P	2018-11-20	2021-04-23
	57 SH NIPPON TELEGRAPH & TELEPHONE CORP	P	2014-05-01	2021-04-23
	82 SH ANGLO AMERN PLC	P	2018-10-10	2021-05-06
	37 SH FANUC CORPORATION	P	2014-08-19	2021-05-06
	86 SH VOLVO AB	P	2018-10-10	2021-05-06
	47 SH ADECCO GROUP S.A.	P	2018-10-10	2021-06-01
	105 SH ANGLO AMERN PLC	P	2018-02-06	2021-06-01
	147 SH HEXAGON AB	P	2018-11-20	2021-06-01
	73 SH NIPPON TELEGRAPH & TELEPHONE CORP	P	2014-05-01	2021-06-01
	16 SH SONY CORP ADR NEW	P	2015-10-06	2021-06-01
	134 SH BAYER A G SPONSORED ADR	P	2018-10-10	2021-08-17
	12 SH NOVO NORDISK A S ADR	P	2012-06-25	2021-08-17
	50 SH GALAXY ENTMT GROUP LTD	P	2019-01-11	2021-08-18
	52 SH WH GROUP LTD SPONSORED ADR	P	2017-03-10	2021-08-19
	105 SH WH GROUP LTD SPONSORED ADR	P	2017-03-10	2021-08-20
	3 SH WH GROUP LTD SPONSORED ADR	P	2017-03-10	2021-08-20
	89 SH CAMECO CORP	P	2017-08-24	2021-09-08
	61 SH DAIWA HOUSE IND LTD	P	2018-10-10	2021-09-16
	96 SH SEVEN & I HLDGS CO LTD	P	2018-10-10	2021-09-16
	78 SH UNILEVER PLC-SPONS ADR NEW	P	2018-10-10	2021-09-16
	.8 SH JACKSON FINANCIAL INC COM CL A	P	2014-01-07	2021-09-24
	2 SH JACKSON FINANCIAL INC COM CL A	P	2014-01-07	2021-10-12
	16 SH NUTRIEN LTD COM	P	2020-09-11	2021-10-12
	34 SH CAMECO CORP	P	2017-08-24	2021-10-13
	55 SH KIRKLAND LAKE GOLD LTD COM	P	2018-10-10	2021-10-18
	44 SH CAMECO CORP	P	2017-03-24	2021-11-03
	96 SH SAFRAN S A	P	2018-10-10	2021-12-20
	18 SH TAIWAN SEMICONDUCTOR-SP ADR	P	2006-12-13	2021-01-12
	11 SH TAIWAN SEMICONDUCTOR-SP ADR	P	2006-12-13	2021-02-03
	124 SH BAYER A G SPONSORED ADR	P	2018-10-10	2021-06-01
	40 SH BAYER A G SPONSORED ADR	P	2008-05-19	2021-08-17
	100 SH SEMPRA ENERGY	P	2020-03-18	2021-03-15
	109 SH PACKAGING CORP OF AMERICA PAR .01	P	2018-10-10	2021-03-15
	125 SH XYLEM INC	P	2019-01-14	2021-03-15
	25000 SH GOLDMAN SACHS GROUP INC	P	2017-03-03	2021-03-25
	265 SH FORTUNE BRANDS HOME & SEC IN	P	2018-10-10	2021-06-29
	200 SH ALEXION PHARMACEUTICALS INC	P	2018-10-10	2021-07-14
	125 SH FORTINET INC	P	2020-03-18	2021-08-13
	85 SH HUBBELL INC	P	2020-03-18	2021-08-13
	50000 SH SIMON PROPERTY GROUP	P	2017-08-31	2021-08-25
	25000 SH BP CAP MKTS P L C	P	2017-02-21	2021-09-16
	100000 SH UNITED STATES TREAS NTS	P	2018-10-31	2021-10-31
	100000 SH U S TREAS NTS 1.6250%	P	2020-01-08	2021-12-31
	100 SH APPLE COMPUTER INC	P	2008-02-28	2021-01-11
	50 SH MERCK & CO INC NEW	P	2008-02-28	2021-01-11
	25000 SH UNITEDHEALTH GROUP INC PAR .01	P	2010-03-04	2021-01-11
	210 SH OTIS WORLDWIDE CORP COM	P	2001-12-11	2021-03-15
	100 SH APPLE COMPUTER INC	P	2008-02-28	2021-08-13
	85 SH ORGANON & CO COMMON STOCK	P	2018-10-10	2021-08-13
	25000 SH UNITEDHEALTH GROUP INC PAR .01	P	2010-03-04	2021-08-13

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,509	759	750
b	1,758	1,121	637
c	1,391	588	803
d	1,095	788	307
e	2,110	1,641	469
	1,551	2,044	-493
	1,269	1,686	-417
	1,581	1,706	-125
	1,277	1,076	201
	3,750	5,619	-1,869
	1,270	633	637
	777	979	-202
	335	196	139
	1,172	1,365	-193
	3,047	3,287	-240
	1,598	1,037	561
	1,272	528	744
	4,357	2,292	2,065
	4,234	4,485	-251
	578	392	186
	1,968	1,445	523
	835	538	297
	1,228	792	436
	1,106	580	526
	1,133	735	398
	2,403	5,711	-3,308
	1,643	3,617	-1,974
	3,545	2,471	1,074
	2,298	1,039	1,259
	1,467	806	661
	1,867	978	889
	877	644	233
	2,156	1,386	770
	1,652	1,355	297
	2,448	1,219	1,229
	2,118	949	1,169
	1,922	1,032	890
	1,585	419	1,166
	1,874	2,477	-603
	1,255	329	926
	1,500	1,582	-82
	744	812	-68
	1,542	1,640	-98
	44	47	-3
	1,986	883	1,103
	2,145	1,869	276
	2,304	1,917	387
	4,252	4,380	-128
	21	22	-1
	56	54	2
	1,141	630	511
	865	338	527
	2,509	2,396	113
	1,194	437	757
	2,693	1,643	1,050
	2,224	188	2,036
	1,404	115	1,289
	1,956	2,663	-707
	560	857	-297
	13,010	9,417	3,593
	14,742	11,026	3,716
	12,716	8,672	4,044
	25,000	24,936	64
	26,498	14,169	12,329
	37,342	17,040	20,302
	38,418	9,200	29,218
	17,604	8,790	8,814
	50,672	50,119	553
	25,000	25,000	0
	100,000	100,000	0
	100,000	100,000	0
	12,888	465	12,423
	4,238	2,252	1,986
	9,011	823	8,188
	13,854	3,359	10,495
	14,897	465	14,432
	2,904	772	2,132
	10,241	823	9,418

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			750
b			637
c			803
d			307
e			469
			-493
			-417
			-125
			201
			-1,869
			637
			-202
			139
			-193
			-240
			561
			744
			2,065
			-251
			186
			523
			297
			436
			526
			398
			-3,308
			-1,974
			1,074
			1,259
			661
			889
			233
			770
			297
			1,229
			1,169
			890
			1,166
			-603
			926
			-82
			-68
			-98
			-3
			1,103
			276
			387
			-128
			-1
			2
			511
			527
			113
			757
			1,050
			2,036
			1,289
			-707
			-297
			3,593
			3,716
			4,044
			64
			12,329
			20,302
			29,218
			8,814
			553
			0
			0
			0
			12,423
			1,986
			8,188
			10,495
			14,432
			2,132
			9,418

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	158,941
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3	3,856

Form 990-PF (2021)

Page 4

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	2,888
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	2,888
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	2,351
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	4,851
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	6
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,957
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax1,957	Refunded	11	0

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

and Part XIV..................................

Yes

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

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

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

Yes

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

or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Yes

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

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

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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

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

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

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

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

Yes

Website address bullet

N/A

The books are in care of bullet

WILLIAM IGNATOWICH Telephone no. bullet

(203) 861-9201

Located at bullet

96 LEWIS STREETGREENWICHCT ZIP+4 bullet

06830

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

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

16 At any time during calendar year 2021, 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 VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

(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)? ......................

1a(5)

(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.) ...............

1a(6)

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

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

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

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

that were not corrected before the first day of the tax year beginning in 2021? .............

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

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

At the end of tax year 2021, did the foundation have any undistributed income (lines 6d

and 6e, Part XII) for tax year(s) beginning before 2021?....................

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2021 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 2021.) .....................

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

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

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..

Form 990-PF (2021)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VII

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

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

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

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


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









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

Form 990-PF (2021)

Page 7

Part VII

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

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	THE COSTS INCURRED TO PROVIDE STORAGE SPACE FOR THE DAHESH MUSEUM OF ART.	82,263
2	ASSOCIATION OF HISTORIANS OF NINETEETH-CENTURY ART HELP SUPPORT THE ORGANIZATION'S 19TH CENTURY ART WORLDWIDE JOURNAL USED BY ART HISTORIANS, UNIVERSITIES AND MUSEUMS, COLLECTORS, AUCTIONERS AND MANY OTHERS.	30,000
3	DAHESH MUSEUM OF ART PROVIDE FUNDING FOR THE DAHESH MUSEUM OF ART SYMPOSIUM AWARDS	3,000
4

Part VIII-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2021)

Page 8

Part IX

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

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

purposes:

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

3,439,446

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

79,052

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

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

3,518,498

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

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

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

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

3,518,498

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

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

52,777

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

3,465,721

Minimum investment return. Enter 5% (0.05) of line 5................

173,286

Part X

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

and do not complete this part.)

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

Tax on investment income for 2021 from Part V, line 5.......

Income tax for 2021. (This does not include the tax from Part V.) ...

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

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

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

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

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

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

Part XI

Qualifying Distributions (see instructions)

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

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

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2021:
a From 2016......
b From 2017......
c From 2018......
d From 2019......
e From 2020......
f Total of lines 3a through e ........
4Qualifying distributions for 2021 from Part
XI, line 4: $
a Applied to 2020, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2021 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2021.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....
d Excess from 2020....
e Excess from 2021....

Form 990-PF (2021)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-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 2021, enter the date of the ruling ....... bullet

2014-08-29

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total
	0	0	0	0	0
b 85% (0.85) of line 2a .........	0	0	0	0	0
c Qualifying distributions from Part XI, line 4 for each year listed .....	115,264	110,557	89,588	113,386	428,795
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........	0	0	0	0	0
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	115,264	110,557	89,588	113,386	428,795
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......					0
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)					0
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..	115,524	102,710	102,951	99,037	420,222
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....					0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....					0
(3) Largest amount of support from an exempt organization					0
(4) Gross investment income					0

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

MERVAT ZAHID

AMIRA ZAHID

HODA ZAHID

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

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

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (2021)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ASSOCIATION OF HISTORIANS OF NINETEETH-CENTURY ART 3200 16TH ST NW APT 206 WASHINGTON,DC20010		PUBLIC CHARITY	HELP SUPPORT THE ORGANIZATION'S 19TH CENTURY ART WORLDWIDE JOURNAL USED BY ART HISTORIANS, UNIVERSITIES AND MUSEUMS, COLLECTORS, AUCTIONERS AND MANY OTHERS.	30,000
DAHESH MUSEUM OF ART 96 LEWIS STREET GREENWICH,CT06830		PRIVATE OPERATING FO	HELP SUPPORT THE ORGANIZATION ANNUAL SYMPOSIUM PROGRAM AND AWARDS	3,000
Total ................................. 3a				33,000

bApproved for future payment

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

Form 990-PF (2021)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	6
4 Dividends and interest from securities ....
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	158,941
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		232,297	0

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

232,297

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-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 (2021)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

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

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

OMB No. 1545-0047

2021

Name of the organization

MERVAT ZAHID CULTURAL FOUNDATION
C/O AMIRA ZAHID

Employer identification number

46-2975291

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

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

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

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

501(c)(3) taxable private foundation

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

General Rule

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

Special Rules

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

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

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

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

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

Cat. No. 30613XSchedule B (Form 990) (2021)

Schedule B (Form 990) (2021) Page 2

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

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	HODA ZAHID 96 LEWIS STREET GREENWICH, CT06830	$ 200,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	MAHMOUD ZAHID 96 LEWIS STREET GREENWICH, CT06830	$ 15,775	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

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

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 4


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

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

Schedule B (Form 990) (2021)

Additional Data

Software ID:
Software Version:

- TIN:

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

TY 2021 DepreciationSchedule

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Adjusted Net Income
ORGANIZATION EXPENSES	2013-09-01	12,790	6,255	SL	15.000000000000	853	853
LAND MANCHESTER, CT	2017-12-17	1,327,946		L		0	0
BUILDING MANCHESTER, CT	2017-12-17	3,547,054	276,638	SL	39.000000000000	90,950	90,950

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

Name of Bond	End of Year Book Value	End of Year Fair Market Value
50,000 AT&T INC NOTE	51,817	54,563
25000 BANK OF AMERICA COPR NOTE	25,056	25,070
50000 BERKSHIRE HATHAWAY INC NOTE	50,207	53,541
50000 JOHN DEERE CAP CORP NOTE	50,143	51,916
50000 JPMORGAN CHASE & CO NOTE	50,331	53,049
50000 MORGAN STANLEY FR NOTE	50,059	54,241
50000 SHELL INTL FIN BV NOTE	50,276	53,064
50000 VERIZON COMM INC NOTE	46,771	52,083
50000 WELLS FARGO & CO NOTE	50,176	52,549
50000 WESTPAC BKG CORP NOTE	50,215	54,013
50000 WHIRLPOOL CORP SERA MTN NOTE	50,648	51,561

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

Name of Stock	End of Year Book Value	End of Year Fair Market Value
103 SH ADECCO GROUP A.G.	2,836	2,634
69 SH ADYEN NV	987	3,628
160 SH AIA GROUP LTD	3,662	6,452
316 SH ALLIANZ SE ADR	4,502	7,462
461 SH ANGLO AMERICAN PLC	2,083	4,289
931 SH BANCO SANTANDER SA	5,811	3,063
251 SH BNP PARIBAS SPND ADR	6,615	8,673
373 SH CAMECO CORP	3,619	8,135
494 SH CK HUTCHSON HLDGS LTD	4,225	3,187
238 SH COMPASS GROUP PLC	5,451	5,322
143 SH CRH PLC	4,398	7,550
47 SH CYBER ARK SOFTWARE	4,770	8,144
116 SH DAIWA HOUSE INDUSTRIES ADR	3,502	3,332
51 SH DBS GROUP LTD	4,061	4,942
202 SH DEUTSCHE BOERSE	1,592	3,379
93 SH DEUTSCHE POST AG	3,083	5,980
373 SH DEUTSCHE TELEKOM AG	6,607	6,914
281 SH FANUC CORP	4,434	5,949
235 SH GRIFOLS SA	3,976	2,639
120 SH HONG KONG EXC	3,484	7,009
85 SH IBERDROLA	2,356	4,025
303 SH KION GROUP AG ADR	4,403	8,311
105 SH KONINKLIJKE AHOLD DELHAIZE	2,352	3,598
52 SH KUBOTA LTD	2,479	5,765
84 SH KURITA WATER IND	4,470	7,966
1676 SH LLOYDS TBS GROPU PLC	5,361	4,274
38 SH LVMH MOET HENNESSY LOUIS V	1,133	6,283
1056 SH MITSUBISHI UFJ FINL	5,070	5,766
147 SH MOWI ASA	2,789	3,479
98 SH NESTLE SA SPONA ADR	3,484	13,707
47 SH NOVARTIS AG ADR	2,677	4,111
48 SH NOVO NORDISK A/S	1,315	5,376
45 SH NUTRIEN LTD	1,773	3,384
240 ORGANE INC ADR	3,894	2,532
56 SH PRUDENTIAL PLC ADR	2,487	1,928
116 SH RIO TINTO PLC	4,925	7,765
195 SH ROCHE HLDG LTD SPON ADR	4,612	10,142
136 SH ROYAL DUTCH SHELL PLC	8,136	5,896
96 SH SANOFI	8,503	8,166
55 SH SAP AE-SPON ADR	4,096	7,706
371 SEVEN & I HLDGS CO LTD JPY	6,953	8,145
156 SH SMITH & NEPHEW PLC SP ADR	3,062	5,401
70 SH SONY CORP	1,629	8,848
394 SH STANDARD CHARTER	4,434	4,786
35 SH SUZUKI MOTOR CORP	6,617	5,385
24 SH TELEPERFORMANCE SA-EUR	2,194	5,349
110 SH TOTAL SE	4,921	5,441
48 SH TOYOTA MOTOR CORP ADR	3,905	8,894
151 SH VEOLIA ENVIRONMENT	3,855	5,540
231 SH VINCI SA ADR	5,285	6,102
256 SH VOLVO AB-B SH	3,664	5,928
400 Z HOLDINGS CORP	3,634	4,637
27 SH TAIWAN SEMICONDUCTOR MFG	282	3,248
300 SH ABBVIE INC	23,626	40,620
25 SH ALPHABET INC	24,546	72,426
1000 SH APPLE INC	4,654	177,570
160 SH APTIV PLC	11,793	26,392
400 SH ARIST NETWORKS INC	21,335	57,500
700 SH AT&T INC	16,856	17,220
1100 SH BANK OF AMERICA	27,118	48,939
182 SH BERKSHIRE HATHAWAY INC CL B	31,512	54,418
10 SH BOOKING HOLDINGS INC	15,733	23,992
800 SH BOSTON SCIENTIFIC CORP	29,319	33,984
80 SH CHARTER COMM INC	3,372	52,158
350 SH CHEVRON CORP	30,269	41,073
867 SHCISCO SYSTEMS INC	27,671	54,942
394 SH COMCAST CORP	3,367	19,830
82 SH CONSTELLATION BRANDS INC	17,877	20,580
85 SH CUMMINS INC	12,718	18,542
108 SH DOLLAR GENERAL CORP	12,846	25,470
300 SHFISERV INC	31,076	31,137
179 SH HOME DEPOT INC	26,294	74,287
153 SH HONEYWELL INTL INC	19,713	31,902
135 SH IBM CORP	7,093	18,044
949 SH INTEL CORP	20,640	48,874
150 SH INTERCONTINENTAL EXCHANGE	13,010	20,516
325 SH JPMORGAN CHASE & CO	22,859	51,464
300 SH MEDTRONICS PLC	30,302	31,035
850 SH MERCK & CO INC	15,403	65,144
650 SH NEWMONT GLOD CORP	24,995	40,313
300 SH ORACLE CORP COM	9,298	26,163
137 SH PAYPAL HOLDINGS INC	6,131	25,835
300 SH PHILLIP MORRIS INTL INC	10,264	28,500
111 SH PROCTOR & GAMBLE CO	9,366	18,157
450 SH RAYTHEON TECHN CORP	9,476	38,727
100 SH SALEFORCE COM	18,891	25,413
450 SH TYSON FOODS INC	26,432	39,222
200 SH UNITED HEALTH GROUP INC	6,585	100,428
450 SH VERIZON COMMUNICATIONS	25,966	23,382
210 SH VISA INC	21,040	45,509
136 SH WALMART INC	12,964	19,678
148 SH WALT DISNEY CO	16,207	22,924
42 SH ADVANTEST CORP	3,913	3,976
160 SH ASTRAZENECA PLC	8,516	9,320
279 SH COMPAGNIE DE DAINT-GOBAIN	3,871	3,926
110 SH COVESTRO AG	3,579	3,390
20 SH DIAGEO PLC	3,815	4,403
359 SH ENEL SOCIETA PER AZIONI-EU	3,776	2,877
33 SH ESSILORLUXOTTICA	2,937	3,513
193 SH NEWCREST MINING LTD SPON	3,496	3,435
63 SH NINTENDO CO LTD ADR	4,541	3,669
116 SH RECKITT BENCKISER PLC	4,132	4,381
87 SH SCHNEIDER ELECT SA UNSPON	2,810	3,413
122 SH SHIN ETSU CHEM CO LTD	5,387	5,276
143 SH TOKIO MARINE HLDGS INC	7,319	7,938
89 SH VOLKSWAGEN AG UNSPON ADR	1,795	2,615
82 SH HIKMA PHAR PLC	5,731	4,929
8 SH SEA LTD	2,500	1,790
325 SH AKAMAI TECHN INC	32,089	38,038
600 SH DOW INC	38,234	34,032
125 SH FEDEX CORP	33,915	32,330
750 SH WALGREENS BOOTS ALLIANCE INC	34,931	39,120
1500 SH WILLIAMS COS INC	37,340	39,060
200 SH AGCO CORP	25,627	23,204
27 SH KYNDRYL HOLDINGS INC	311	489
212 SH CROWN CASTLE INTL CORP	18,776	44,249

- TIN:

TY 2021 InvestmentsGovtObligationsSch

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

US Government Securities - End of Year Book Value:

515,847

US Government Securities - End of Year Fair Market Value:

535,578

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

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

- TIN:

TY 2021 LandEtcSchedule2

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value
ORGANIZATION EXPENSES	12,790	7,108	5,682
LAND MANCHESTER, CT	1,327,946	0	1,327,946
BUILDING MANCHESTER, CT	3,547,054	367,588	3,179,466

- TIN:

TY 2021 LegalFeesSchedule

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	19,835	0	19,835	6,612

- TIN:

TY 2021 OtherAssetsSchedule

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
BUILDING - ARCHITURE AND ZONING	160,117	160,117	160,117
ART COLLECTION	3,179,116	3,179,116	5,000,000

- TIN:

TY 2021 OtherExpensesSchedule

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT EXPENSES	22,908	22,908	22,908	0
FOREIGN TAX PAID	1,617	1,617	1,617	0
BANK CHARGES	20	0	20	7
INSURANCE	39,358	0	39,358	13,119
MAINTENANCE	21,022	0	21,022	7,008
MANAGEMENT FEES	16,800	0	16,800	5,600
POSTAGE	36	0	36	12
REAL ESTATE TAXES	94,112	0	94,112	31,371
SECURITY EXPENSE	5,502	0	5,502	1,834
TELEPHONE & INTERNET	6,255	0	6,255	2,085
UTILITIES	43,474	0	43,474	14,491
REGISTRATION	375	0	375	125

- TIN:

TY 2021 TaxesSchedule

Name:

MERVAT ZAHID CULTURAL FOUNDATION

C/O AMIRA ZAHID

EIN:

46-2975291

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL INCOME TAXES	2,500	0	2,500	0