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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
EJ GRASSMANN TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 4470
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WARREN, NJ07059
A Employer identification number

22-6326539
B Telephone number (see instructions)

(908) 753-2440
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$36,135,108J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 64,420 64,420  
4 Dividends and interest from securities... 595,437 583,886  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,236,396
b Gross sales price for all assets on line 6a 3,279,214
7 Capital gain net income (from Part IV, line 2)... 1,236,396
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 57,725 57,725  
12 Total. Add lines 1 through 11........ 1,953,978 1,942,427  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 66,000 39,600   26,400
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 10,625 1,625   9,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 36,570 10,286   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 7,457 0   7,457
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 120,652 51,511   42,857
25 Contributions, gifts, grants paid....... 1,739,740 1,739,740
26 Total expenses and disbursements. Add lines 24 and 25 1,860,392 51,511   1,782,597
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 93,586
b Net investment income (if negative, enter -0-) 1,890,916
c Adjusted net income (if negative, enter -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 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............. 11,444 29,358 29,358
2 Savings and temporary cash investments......... 4,966,447 4,251,183 4,288,042
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) 0 Click to see attachment300,005 300,399
b Investments—corporate stock (attach schedule)....... 4,661,483 Click to see attachment4,741,940 11,222,227
c Investments—corporate bonds (attach schedule)....... 810,286 Click to see attachment306,965 315,807
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 12,343,460 Click to see attachment13,080,593 19,970,283
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment7,276 Click to see attachment8,992 Click to see attachment8,992
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 22,800,396 22,719,036 36,135,108
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........... 22,800,396 22,719,036
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 22,800,396 22,719,036
30 Total liabilities and net assets/fund balances (see instructions). 22,800,396 22,719,036
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
22,800,396
2
Enter amount from Part I, line 27a .....................
2
93,586
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
22,893,982
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
174,946
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
22,719,036
Form 990-PF (2021)
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 UBS P    
b UBS P    
c CAPITAL GAINS DIVIDENDS P    
d
e
(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 127,041   134,954 -7,913
b 2,663,002   1,907,864 755,138
c 489,171     489,171
d
e
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       -7,913
b       755,138
c       489,171
d
e
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 1,236,396
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  
Form 990-PF (2021)
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 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 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 26,284
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 26,284
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 35,276
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 45,276
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 18,992
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet18,992 RefundedBullet 11 0
Part VI-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 XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 ofbulletMCGRATH DOYLE PHAIR Telephone no.bullet (212) 571-2300

    Located atbullet150 BROADWAY SUITE 1212NEW YORKNY ZIP+4bullet10038
    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 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
    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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)
     
    No
    (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)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    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? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    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.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (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)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (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)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    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
    SUZANNE B ENGEL TRUSTEE
    3.00     		40,500 0 0
    C/O PO BOX 4470
    WARREN,NJ07059
    WILLIAM V ENGEL ESQ TTEE/EXEC.DIR.
    10.00     		71,500 0 0
    C/O PO BOX 4470
    WARREN,NJ07059
    ROBERT S DEVLIN TRUSTEE
    3.00     		40,500 0 0
    C/O PO BOX 4470
    WARREN,NJ07059
    AMY M ZIEBARTH TRUSTEE
    3.00     		40,500 0 0
    C/O PO BOX 4470
    WARREN,NJ07059
    MICHAEL O'NEILL TRUSTEE
    3.00     		40,500 0 0
    C/O PO BOX 4470
    WARREN,NJ07059
    ALLOCATED TO CORPUS COMMISSIONS ($167,500) SEE STATEMENT 7
    0.00     		0 0 0
    C/O PO BOX 4470
    WARREN,NJ07059
    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 (2021)
    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.............bullet0
    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  
    2  
    3  
    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.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    34,848,697
    b
    Average of monthly cash balances.......................
    1b
    20,407
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    34,869,104
    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
    34,869,104
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    523,037
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    34,346,067
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,717,303
    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.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    1,717,303
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    26,284
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    26,284
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,691,019
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,691,019
    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 XII, line 1 ...
    7
    1,691,019
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    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 XII, line 4.
    4
     
    Form 990-PF (2021)
    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 1,691,019
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 148,178
    b From 2017...... 178,208
    c From 2018...... 221,232
    d From 2019...... 185,926
    e From 2020...... 204,718
    f Total of lines 3a through e ........ 938,262
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,782,597
    a Applied to 2020, 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 2021 distributable amount..... 1,691,019
    e Remaining amount distributed out of corpus 91,578
    5 Excess distributions carryover applied to 2021. 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 1,029,840
    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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		148,178
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		881,662
    10 Analysis of line 9:
    a Excess from 2017.... 178,208
    b Excess from 2018.... 221,232
    c Excess from 2019.... 185,926
    d Excess from 2020.... 204,718
    e Excess from 2021.... 91,578
    Form 990-PF (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
     
    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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 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).)
    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:
    WILLIAM ENGEL
    PO BOX 4470
    WARREN,NJ07059
    (908) 753-2440
    bThe form in which applications should be submitted and information and materials they should include:
    PROPOSALS SHOULD BE IN LETTER FORM, (NO FAXES OR EMAILS), AND GENERALLY NO MORE THAN FOUR PAGES IN LENGTH. IT WOULD BE APPRECIATED IF THE FIRST PARAGRAPH OF THE PROPOSAL IS A SUMMARY OF THE REQUEST. THE PROPOSAL AND ALL SUPPORTING MATERIAL MUST BE ABLE TO BE STAPLED WITH A STANDARD STAPLER.
    cAny submission deadlines:
    ALL GRANT APPLICATIONS MUST BE SUBMITTED NO LATER THAN APRIL 20 OR OCTOBER 15 FOR EACH MEETING
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE GEOGRAPHIC FOCUS OF THE GRANTS OF THE E. J. GRASSMANN TRUST WILL BE UNION COUNTY, NEW JERSEY AND THE FOLLOWING MIDDLE GEORGIA AREAS: MACON-BIBB COUNTY, MILLEDGEVILLE, SANDERSVILLE, AND BALDWIN, HOUSTON, TWIGGS, WASHINGTON AND WILKINSON COUNTIES. WHILE NON-PROFIT ORGANIZATIONS OUTSIDE OF THESE AREAS MAY RECEIVE GRANTS, THOSE ORGANIZATIONS MUST INCLUDE WITH THEIR GRANT PROPOSAL INFORMATION AND STATISTICS SHOWING HOW THE WORK OF THEIR ORGANIZATION SERVES THE RESIDENTS OF THESE AREAS OR IMPACTS THEM DIRECTLY
    Form 990-PF (2021)
    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)
    aPaid during the year
    ACOMA CATHOLIC INDIAN MISSIONS
    PO BOX 448
    ACOMA PUEBLO,NM87034     		NO INDIVIDUAL PC GENERAL OPERATING SUPPORT 3,000
    180 TURNING LIVES AROUND INC
    1 BETHANY ROAD BUILDING 3 SUITE 42
    HAZLET,NJ07730     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 2,500
    ADOPT-A-ROLE MODEL PROGRAM INC
    PO BOX 4985
    MACON,GA31208     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 6,500
    AMERICAN REPERTORY BALLET
    301 N HARRISON STREET
    PRINCETON,NJ08540     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 13,000
    AMERICA'S GROW-A-ROW INC
    150 PITTSTOWN ROAD
    PITTSTOWN,NJ08867     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 32,000
    ARCOFMACON
    4664 SHERATON DRIVE
    MACON,GA31210     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 2,700
    ASAH
    LEXINGTON SQUARE 2125 ROUTE 33
    HAMILTON SQUARE,NJ08690     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    ASSOCIATED HUMANE SOCIETIES INC
    124 EVERGREEN AVENUE
    NEWARK,NJ07114     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 15,000
    ASSOCIATION OF NJ ENVIRONMENTAL COMMISSIONS
    PO BOX 157
    MENDHAM,NJ07945     		NO INDIVIDUAL PC GENERAL OPERATING SUPPORT 5,000
    BIG BROTHERS BIG SISTERS OF ESSEX HUDSON & UNION
    500 BROAD STREET 2ND FLOOR
    NEWARK,NJ07102     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 20,000
    BLOOMFIELD COLLEGE
    68 OAKLAND AVENUE
    BLOOMFIELD,NJ07003     		NO INDIVIDUAL PC SCHOLARSHIP ENDOWMENT 5,000
    BONNIE BRAE
    PO BOX 825
    LIBERTY CORNER,NJ07938     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 15,000
    BOXWOOD LEARNING CENTER
    115 W SECOND AVE
    ROSELLE,NJ07203     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 11,000
    BOY SCOUTS OF AMERICA PATRIOTS' PATH COUNCIL
    1 SADDLE ROAD
    CEDAR KNOLLS,NJ07927     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 7,500
    BOYS & GIRLS CLUBS OF CENTRAL GEORGIA
    277 MARTIN LUTHER KING JR BLVD
    SUITE 202
    MACON,GA31201     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 7,000
    BOYS & GIRLS CLUBS OF UNION COUNTY
    CORPORATE OFFICE 1050 JEANETTE
    AVENUE
    UNION,NJ07083     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 25,000
    THE BRIDGE ACADEMY
    1958-B LAWRENCEVILLE ROAD
    LAWRENCEVILLE,NJ08648     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 5,000
    THE BRIDGE INC
    860 BLOOMFIELD AVENUE
    WEST CALDWELL,NJ07006     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 5,000
    CAMPUS CLUBS INC
    2193-B VINEVILLE AVE
    MACON,GA31204     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 22,000
    CAROLYN DORFMAN DANCE COMPANY
    2780 MORRIS AVENUE SUITE 2-C
    UNION,NJ07083     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 11,000
    THE CENTER FOR CONTEMPORARY ART
    2020 BURNT MILLS ROAD
    BEDMINSTER,NJ07921     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 7,000
    CENTER FOR GREAT EXPECTATIONS
    19 DELLWOOD LANE
    SOMERSET,NJ08873     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    CENTRAL PRESBYTERIAN CHURCH
    70 MAPLE STREET
    SUMMIT,NJ07901     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    CHESHIRE HOME INC
    9 RIDGEDALE AVENUE
    FLORHAM PARK,NJ07932     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    CHILDREN'S SPECIALIZED HOSPITAL FDN INC
    150 NEW PROVIDENCE ROAD
    MOUNTAINSIDE,NJ07092     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 20,000
    COLLIER SERVICES
    PO BOX 300
    WICKATUNK,NJ07765     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 5,000
    COMMUNITY ACCESS UNLIMITED
    80 WEST GRAND STREET
    ELIZABETH,NJ07202     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 12,500
    COMMUNITY HOPE INC
    959 ROUTE 46 EAST SUITE 402
    PARSIPPANY,NJ07054     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    COPE CENTER INC
    104 BLOOMFIELD AVENUE
    MONTCLAIR,NJ07042     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 4,600
    COUNCIL OF NEW JERSEY GRANTMAKERS
    1977 NORTH OLDEN AVENUE SUITE 238
    EWING,NJ08618     		NO INDIVIDUAL PC GENERAL OPERATING SUPPORT 2,565
    COURT APPOINTED SPECIAL ADVOCATES OF UNION COUNTY
    ALBENDER BLD 1143-45 EAST JERSEY ST
    ELIZABETH,NJ07201     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    COVENANT HOUSE NEW JERSEY
    330 WASHINGTON STREET
    NEWARK,NJ07102     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 22,000
    CANCER SUPPORT COMMUNITY OF CENTRAL NJ
    3 CROSSROADS DRIVE
    BEDMINSTER,NJ07921     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 20,000
    DUCRET SCHOOL OF ART
    1030 CENTRAL AVENUE
    PLAINFIELD,NJ07060     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 15,000
    ECLC FOUNDATION
    100 PASSAIC AVENUE SUITE 1
    CHATHAM,NJ07928     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    FANWOOD-SCOTCH PLAINS ROTARY FRAZEE HOUSE INC
    PO BOX426
    FANWOOD,NJ07023     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 5,000
    FELICIAN UNIVERSITY
    1 FELICIAN WAY
    RUTHERFORD,NJ07070     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 5,000
    GEORGE STREET PLAYHOUSE
    PO BOX 194
    NEW BRUNSWICK,NJ08903     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 20,000
    GEORGIA COLLEGE & STATE UNIVERSITY FOUNDATION
    CAMPUS BOX 96
    MILLEDGEVILLE,GA31061     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 15,000
    GEORGIA LEGAL SERVICES PROGRAM INC
    104 MARIETTA STREET NW
    ATLANTA,GA30303     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 20,000
    GIRL SCOUTS HEART OF NEW JERSEY INC
    1171 ROUTE 28
    NORTH BRANCH,NJ08876     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 15,000
    GIRL SCOUTS OF HISTORIC GEORGIA INC
    6869 COLUMBUS ROAD
    LIZELLA,GA31052     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 15,000
    GOODWILL INDUSTRIES OF MIDDLE GEORGIA INC
    5171 EISENHOWER PARKWAY
    MACON,GA31206     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    GREATER NEWARK CONSERVANCY
    32 PRINCE STREET
    NEWARK,NJ07103     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    THE GREENWOOD GARDENS
    274 OLD SHORT HILLS ROAD
    SHORT HILLS,NJ07078     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 7,600
    HISTORICAL SOCIETY ELIZABETH NEW JERSEY INC
    1045 EAST JERSEY STREET SUITE 101
    ELIZABETH,NJ07201     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    HOLY REDEEMER HOMECARE-NJ NORTH
    345 UNION AVENUE
    ELIZABETH,NJ07208     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 15,000
    HOLY TRINITY INTERPAROCHIAL SCHOOL
    336 FIRST STREET
    WESTFIELD,NJ07090     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    IMMACULATE CONCEPTION HIGH SCHOOL
    33 COTTAGE PLACE
    MONTCLAIR,NJ07042     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 7,000
    JAZZ HOUSE KIDS INC
    347 BLOOMFIELD AVENUE LOWER LEVEL
    MONTCLAIR,NJ07042     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 11,000
    JEWISH COMMUNITY CENTER OF CENTRAL NJ
    1391 MARTINE AVENUE
    SCOTCH PLAINS,NJ07076     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 9,000
    JEWISH FAMILY SERVICE AGENCY OF CENTRAL NJ
    655 WESTTFIELD AVENUE
    ELIZABETH,NJ07208     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    JOSEPHINE'S PLACE
    622 ELIZABETH AVENUE
    ELIZABETH,NJ07206     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 3,000
    KENILWORTH HISTORICAL SOCIETY INC
    567 BOULEVARD
    KENILWORTH,NJ07033     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 5,000
    KING'S DAUGHTERS DAY SCHOOL
    502 WEST FRONT STREET
    PLAINFIELD,NJ07060     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 20,000
    KOINONIA ACADEMY
    1040 PLAINFIELD AVENUE
    PLAINFIELD,NJ07060     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 14,000
    LACORDAIRE ACADEMY
    155 LORRAINE AVENUE
    UPPER MONTCLAIR,NJ07043     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 5,000
    THE LAND CONSERVANCY OF NEW JERSEY
    19 BOONTON AVENUE
    BOONTON,NJ07005     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 7,500
    LIBERTY HALL MUSEUM INC
    1003 MORRIS AVENUE
    UNION,NJ07083     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 5,000
    LITERACY NEW JERSEY INC
    121-125 CHESTNUT ST
    ROSELLE,NJ07203     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 8,000
    LITTLE KIDS ROCK INC
    PO BOX 43369
    MONTCLAIR,NJ07043     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 6,600
    LOAVES AND FISHES MINISTRIES
    PO BOX 825
    MACON,GA31202     		NO INDIVIDUAL PC ENDOWMENT 15,000
    LOCKERLY ARBORETUM FOUNDATION
    PO BOX310
    MILLEDGEVILLE,GA31059     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 40,000
    MACON AREA HABITAT FOR HUMANITY
    690 HOLT AVENUE
    MACON,GA31204     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 19,500
    MACON ARTS
    486 FIRST STREET
    MACON,GA31201     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 5,600
    THE MBCE- MID-HUDSON VALLEY CAMP INC
    PO BOX 197
    ESOPUS,NY12429     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 8,000
    MERCER UNIVERSITY
    1501 MERCER UNIVERSITY DRIVE
    MACON,GA31207     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 25,000
    MIDDLE GEORGIA STATE UNIVERSITY FOUNDATION INC
    100 UNIVERSITY PARKWAY
    MACON,GA31206     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 17,300
    MIDLAND FOUNDATION
    PO BOX 5026
    NORTH BRANCH,NJ08876     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    MORRIS HABITAT FOR HUMANITY
    274 SOUTH SALEM STREET SUITE 100
    RANDOLPH,NJ07869     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 18,000
    MORRIS MUSEUM
    6 NORMANDY HEIGHTS ROAD
    MORRISTOWN,NJ07960     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 13,000
    MOUNT DE SALES ACADEMY
    851 ORANGE STREET
    MACON,GA31201     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 16,500
    MOUNT ST DOMINIC ACADEMY
    3 RYERSON AVENUE
    CALDWELL,NJ07006     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 5,500
    MT PLEASANT ANIMAL SHELTER INC
    194 STATE ROUTE 10 WEST
    EAST HANOVER,NJ07936     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 12,000
    MUHLENBERG FOUNDATION INC
    80 JAMES STREET
    EDISON,NJ08820     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 9,375
    MUSEUM OF ARTS & SCIENCES
    4182 FORSYTH ROAD
    MACON,GA31210     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 22,500
    NATIONAL SHRINE OF BLESSED KATERI TEKAKWITHA
    PO BOX627
    FONDA,NY12068     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    NATURE CONSERVANCY
    200 POTTERSVILLE ROAD
    CHESTER,NJ07930     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 25,000
    NAVICENT HEALTH FOUNDATION
    PO BOX 7718
    MACON,GA31209     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 25,000
    NEW JERSEY AUDUBON SOCIETY
    9 HARDSCRABBLE ROAD
    BERNARDSVILLE,NJ07924     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 15,000
    NEW JERSEY BALLET COMPANY
    7-9 VREELAND ROAD
    FLORHAM PARK,NJ07932     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 15,000
    NEW JERSEY CONSERVATION FOUNDATION
    170 LONGVIEW ROAD
    FAR HILLS,NJ07931     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 8,000
    NEW JERSEY PARENTS' CAUCUS INC
    275 ROUTE 10 EAST SUITE 220-414
    SUCCASUNNA,NJ07876     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 5,600
    NEW JERSEY PERFORMING ARTS CENTER
    ONE CENTER STREET
    NEWARK,NJ07102     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 7,500
    NEW JERSEY SYMPHONY ORCHESTRA
    60 PARK PLACE 9TH FLOOR
    NEWARK,NJ07102     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 8,000
    NEW JERSEY THEATRE ALLIANCE
    PO BOX 124
    ALLENHURST,NJ07711     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    NEWARK BETH ISRAEL MEDICAL CENTER
    201 LYONS AVENUE G2
    NEWARK,NJ07112     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 11,900
    NEWTOWN MACON
    555 POPLAR STREET
    MACON,GA31201     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 25,000
    ORATORY PREPARATORY SCHOOL
    425 MORRIS AVENUE
    SUMMIT,NJ07901     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 25,000
    OTIS REDDING FOUNDATION
    339 COTTON AVENUE
    MACON,GA31201     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 7,500
    OVERLOOK HOSPITAL FOUNDATION
    46-48 BEAUVOIR AVENUE
    SUMMIT,NJ07901     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 17,600
    PG CHAMBERS SCHOOL INC
    15 HALKO DRIVE
    CEDAR KNOLLS,NJ07927     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 8,000
    PAPER MILL PLAYHOUSE
    22 BROOKSIDE DRIVE
    MILLBURN,NJ07041     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 25,000
    PINGRY SCHOOL
    131 MARTINSVILLE ROAD
    BASKING RIDGE,NJ07920     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 15,000
    PLANNED LIFETIME ASSISTANCE NETWORK OF NJ
    PO BOX547
    SOMERVILLE,NJ08876     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    PRESERVATION AMERICA TRUST
    7342 LINTON ROAD
    SPARTA,GA31087     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 4,900
    PREVENT BLINDNESS GEORGIA
    270 CARPENTER DRIVE SUITE 606
    SANDY SPRINGS,GA30328     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 7,500
    PRINCETON AREA COMMUNITY FOUNDATION INC
    15 PRINCESS DRIVE
    LAWRENCEVILLE,NJ08648     		NO INDIVIDUAL PC GENERAL OPERATING SUPPORT 10,000
    PRINCETON-BLAIRSTOWN CENTER
    13 ROSZEL ROAD SUITE BL09
    PRINCETON,NJ08540     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 5,000
    THE RAPTOR TRUST
    1390 WHITE BRIDGE ROAD
    MILLINGTON,NJ07946     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 20,000
    RARITAN HEADWATERS ASSOCIATION
    PO BOX 273
    GLADSTONE,NJ07934     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 13,500
    REBUILDING MACON INC
    3864 LAKE STREET
    MACON,GA31204     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 27,000
    REEVES-REED ARBORETUM
    165 HOBART AVENUE
    SUMMIT,NJ07901     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 20,000
    RESCUE MISSION OF MIDDLE GEORGIA
    6601 ZEBULON ROAD
    MACON,GA31210     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL RAHWAY FOUNDATION
    865 STONE STREET
    RAHWAY,NJ07065     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 13,000
    RONALD MCDONALD HOUSE CHARITIES OF CENTRAL GA
    1160 FORSYTH STREET
    MACON,GA31201     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 12,500
    ROOTS & WINGS FOUNDATION
    75 BLOOMFIELD AVE SUITE 303
    DENVILLE,NJ07834     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 5,000
    RUTGERS UNIVERSITY FOUNDATION
    19 COLLEGE AVENUE ROOM 207
    NEW BRUNSWICK,NJ08901     		NO INDIVIDUAL PC ENDOWMENT 5,000
    SAGE ELDERCARE INC
    290 BROAD STREET
    SUMMIT,NJ07901     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 11,000
    SAINT JOSEPH CHURCH
    424 N MESA VERDE AVE
    AZTEC,NM87410     		NO INDIVIDUAL PC GENERAL OPERATING 3,000
    SAINT PETER'S UNIVERSITY
    2641 JOHN F KENNEDY BOULEVARD
    JERSEY CITY,NJ07306     		NO INDIVIDUAL PC SCHOLARSHIP ENDOWMENT 7,500
    SAVE ELLIS ISLAND INC
    31 US HIGHWAY 206 SUITE 3E
    AUGUSTA,NJ07822     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 7,500
    SHAKESPEARE THEATRE OF NEW JERSEY
    3 VREELAND ROAD
    FLORHAM PARK,NJ07932     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 21,800
    SOUTH ORANGE PERFORMING ARTS CENTER
    ONE SOPAC WAY
    SOUTH ORANGE,NJ07079     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 17,000
    ST BENEDICT'S PREPARATORY SCHOOL
    520 DR MARTIN LUTHER KING JR BLVD
    NEWARK,NJ07102     		NO INDIVIDUAL PC ENDOWMENT 10,000
    ST HUBERT'S ANIMAL WELFARE CENTER
    PO BOX 159
    MADISON,NJ07940     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 15,000
    ST JOSEPH INDIAN MISSION
    PO BOX 128
    KEAMS CANYON,AZ86034     		NO INDIVIDUAL PC GENERAL OPERATING SUPPORT 3,000
    ST MICHAELS MISSION
    PO BOX 680
    SAINT MICHAELS,AZ86511     		NO INDIVIDUAL PC GENERAL OPERATING SUPPORT 3,000
    ST PAUL'S EPISCOPAL CHURCH
    414 EAST BROAD STREET
    WESTFIELD,NJ07090     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 7,500
    ST PETER CLAVER SCHOOL
    133 WARD STREET
    MACON,GA31204     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 25,000
    STATE THEATRE REGIONAL ARTS CTR AT NEW BRUNSWICK
    9 LIVINGSTON AVENUE
    NEW BRUNSWICK,NJ08901     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 15,000
    STRATFORD ACADEMY
    6010 PEAKE ROAD
    MACON,GA31220     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    SUMMIT AREA YMCA
    99 MORRIS AVENUE
    SUMMIT,NJ07901     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    SUMMIT PLAYHOUSE ASSOCIATION
    10 NEW ENGLAND AVENUE
    SUMMIT,NJ07901     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 6,200
    TATTNALL SQUARE ACADEMY
    111 TROJAN TRAIL
    MACON,GA31210     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    TRAIL BLAZER CAMPS
    394 ROGERS AVE
    BROOKLYN,NY11225     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 9,000
    TRINITAS HEALTH FOUNDATION
    PO BOX 259
    ELIZABETH,NJ07207     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 75,000
    TRUST FOR PUBLIC LAND
    60 PARK PLACE SUITE 901
    NEWARK,NJ07102     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 12,500
    UNION COUNTY COLLEGE FOUNDATION
    1033 SPRINGFIELD AVENUE
    CRANFORD,NJ07016     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 15,000
    UNITED WAY OF GREATER UNION COUNTY
    33 WEST GRAND STREET
    ELIZABETH,NJ07202     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 10,000
    VISUAL ARTS CENTER OF NEW JERSEY
    68 ELM STREET
    SUMMIT,NJ07901     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 1,900
    WARDLAW-HARTRIDGE SCHOOL
    1295 INMAN AVENUE
    EDISON,NJ08820     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 15,000
    WESLEY GLEN MINISTRIES
    4580 NORTH MUMFORD ROAD
    MACON,GA31210     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 15,000
    WESLEYAN COLLEGE
    4760 FORSYTH ROAD
    MACON,GA31210     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 20,000
    WESTFIELD AREA Y
    220 CLARK STREET
    WESTFIELD,NJ07090     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 12,500
    WHARTON INSTITUTE FOR THE PERFORMING ARTS INC
    60 LOCUST AVENUE
    BERKELEY HEIGHTS,NJ07922     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 7,000
    WOODFORD CEDAR RUN WILDLIFE REFUGE
    4 SAWMILL ROAD
    MEDFORD,NJ08055     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 6,500
    YMCA OF EASTERN UNION COUNTY
    144 MADISON AVE
    ELIZABETH,NJ07201     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 25,000
    YOGI BERRA MUSEUM & LEARNING CENTER
    8 YOGI BERRA DRIVE
    LITTLE FALLS,NJ07424     		NO INDIVIDUAL PC CAPITAL FUND SUPPORT 7,500
    Total .................................bullet 3a 1,739,740
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    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
    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 64,420  
    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 1,236,396  
    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 1,953,978 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,953,978
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 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)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    EJ GRASSMANN TRUST
    EIN:
    22-6326539
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 306,965 315,807

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    EJ GRASSMANN TRUST
    EIN:
    22-6326539
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCKS 4,741,940 11,222,227

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    EJ GRASSMANN TRUST
    EIN:
    22-6326539
    US Government Securities - End of Year Book Value:

    300,005
    US Government Securities - End of Year Fair Market Value:

    300,399
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    EJ GRASSMANN TRUST
    EIN:
    22-6326539
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS AT COST 6,867,490 9,529,343
    CLOSED END FUNDS & ETF AT COST 4,822,718 8,771,093
    LIMITED PARTNERSHIPS AT COST 1,090,385 1,366,000
    ANNUITIES AT COST 300,000 303,847

    TY 2021 OtherAssetsSchedule
    Name:
    EJ GRASSMANN TRUST
    EIN:
    22-6326539
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID EXCISE TAX 7,276 8,992 8,992


    TY 2021 OtherDecreasesSchedule
    Name:
    EJ GRASSMANN TRUST
    EIN:
    22-6326539
    Description Amount
    TRUSTEE PARTIAL CORPUS COMMISSIONS 167,500
    EXPENSES FOR 7TH INT ACCOUNTING 7,446


    TY 2021 OtherExpensesSchedule
    Name:
    EJ GRASSMANN TRUST
    EIN:
    22-6326539
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 1,992 0   1,992
    MISCELLANEOUS 744 0   744
    DUES 710 0   710
    COMPUTER EXPENSE 4,011 0   4,011


    TY 2021 OtherIncomeSchedule2
    Name:
    EJ GRASSMANN TRUST
    EIN:
    22-6326539
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    DEFERRED INCOME PAYMENT 2,110 2,110 2,110
    INCOME FROM LIMITED PARTNERSHIP 55,615 55,615 55,615


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    EJ GRASSMANN TRUST
    EIN:
    22-6326539
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANT ADMINISTRATOR FEES 9,000 0   9,000
    INVESTMENT FEE 1,625 1,625   0


    TY 2021 TaxesSchedule
    Name:
    EJ GRASSMANN TRUST
    EIN:
    22-6326539
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX ON INV. INCOME 26,284 0   0
    FOREIGN INCOME TAX/ADR FEES 10,286 10,286   0