Form990-PF
Click to see attachment
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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
M K Reichert Sternlicht Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

81-0807556
B Telephone number (see instructions)

(800) 839-1754
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$94,225,522J 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) 9,357,208
2 Check bullet.............
3 Interest on savings and temporary cash investments 3,389 3,389  
4 Dividends and interest from securities... 2,145,681 2,145,681  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,565,012
b Gross sales price for all assets on line 6a 14,939,678
7 Capital gain net income (from Part IV, line 2)... 8,225,872
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 60,457 19,764  
12 Total. Add lines 1 through 11........ 16,131,747 10,394,706  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages...... 208,125     208,125
15 Pension plans, employee benefits....... 16,000     16,000
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 30,948 26,358   4,590
17 Interest............... 23,734 23,734    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 63,000      
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 267,376 149,671   117,084
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 609,183 199,763   345,799
25 Contributions, gifts, grants paid....... 2,784,500 2,784,500
26 Total expenses and disbursements. Add lines 24 and 25 3,393,683 199,763   3,130,299
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 12,738,064
b Net investment income (if negative, enter -0-) 10,194,943
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.............      
2 Savings and temporary cash investments......... 9,925,275 5,519,624 5,519,624
3 Accounts receivable bullet2,389
Less: allowance for doubtful accounts bullet   1,796 2,389 2,389
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) bullet100,000
Less: allowance for doubtful accounts bullet   100,000 Click to see attachment100,000 100,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,835,019 Click to see attachment1,984,249 2,048,002
b Investments—corporate stock (attach schedule)....... 46,245,089 Click to see attachment56,667,492 71,202,031
c Investments—corporate bonds (attach schedule)....... 5,230,244 Click to see attachment5,424,573 5,403,545
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,038,055 Click to see attachment8,415,215 9,949,931
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 65,375,478 78,113,542 94,225,522
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 65,375,478 78,113,542
29 Total net assets or fund balances (see instructions)..... 65,375,478 78,113,542
30 Total liabilities and net assets/fund balances (see instructions). 65,375,478 78,113,542
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
65,375,478
2
Enter amount from Part I, line 27a .....................
2
12,738,064
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
78,113,542
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
78,113,542
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 Publicly-traded Securities      
b Passthrough K1 Capital Gain/(Loss)      
c WELLINGTON TRUST COMPANY P 2021-09-07 2021-10-29
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 14,939,265   6,933,578 8,005,687
b       220,201
c 413   429 -16
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        
b        
c        
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 8,225,872
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  
3 Add lines 1 and 2........................... 3 141,710
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 141,710
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 106,703
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 35,100
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 141,803
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 93
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet93 RefundedBullet 11  
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletDE
    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 instructionsClick to see attachment.................
    12
    Yes
     
    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 ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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)
    Yes
     
    (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
    Miriam Klein Sternlicht Dir, Pres, Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
    Mr Richard Zimmerman Executive Director
    15.0     		125,000    
    3850 N Wilke Rd
    Arlington Heights,IL60004
    Mr James Sternlicht DIR OF SPECIAL PROJ
    15.0     		83,125    
    3850 N Wilke Rd
    Arlington Heights,IL60004
    Total number of other employees paid over $50,000...................bullet  
    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
    Foundation Source Administrative 117,059
    55 Walls Drive 3rd Floor
    Fairfield,CT06824
    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  
    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.........................bullet  
    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
    76,001,483
    b
    Average of monthly cash balances.......................
    1b
    8,715,089
    c
    Fair market value of all other assets (see instructions)................
    1c
    5,887,649
    d
    Total (add lines 1a, b, and c).........................
    1d
    90,604,221
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    90,604,221
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,359,063
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    89,245,158
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    4,462,258
    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
    4,462,258
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    141,710
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    141,710
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,320,548
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,320,548
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    4,320,548
    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 4,320,548
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 3,065,160
    b Total for prior years:2019, 2018, 2017  
    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: bullet$ 3,130,299
    a Applied to 2020, but not more than line 2a 3,065,160
    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..... 65,139
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		4,255,409
    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 ......     		0
    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.... 0
    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).)
    Miriam Klein Sternlicht
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (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
    ACUMEN FUND INC
    40 WORTH ST STE 303
    NEW YORK,NY10013     		N/A PC Acumen America 125,000
    ALLIANCE OF ARTISTS COMMUNITIES
    PO BOX 23212
    PROVIDENCE,RI02903     		N/A PC General & Unrestricted 5,000
    AMERICAN FRIENDS OF ALYN HOSPITAL INC
    122 E 42ND ST RM 1519
    NEW YORK,NY10168     		N/A PC General & Unrestricted 10,000
    BAIL PROJECT INC
    PO BOX 102592
    PASADENA,CA91189     		N/A PC General & Unrestricted 15,000
    BROWN UNIVERSITY
    GIFT CASHIER BOX 1877
    PROVIDENCE,RI02912     		N/A PC Class of 1983 Fund 5,000
    BRUCE MUSEUM INC
    1 MUSEUM DR
    GREENWICH,CT06830     		N/A PC Educational Initiative for Underserved students 100,000
    CAPITAL INSTITUTE
    PO BOX 22
    STONINGTON,CT06378     		N/A PC General & Unrestricted 10,000
    CASA NUEVA VIDA INC
    53 GLEN RD
    JAMAICA PLAIN,MA02130     		N/A PC General & Unrestricted 10,000
    CHICAGO CARES INC
    1200 W 35TH ST UNIT 302
    CHICAGO,IL60609     		N/A PC General & Unrestricted 25,000
    CHINATI FOUNDATION
    PO BOX 1135
    MARFA,TX79843     		N/A PC Charitable Event 5,000
    CITIZENS FOR RESPONSIBILITY AND ETHICS IN WASHINGT
    1331 F ST NW STE 900
    WASHINGTON,DC20004     		N/A PC General & Unrestricted 5,000
    COMMUNITY HABILITATION CENTER INC
    11450 SW 79TH ST
    MIAMI,FL33173     		N/A PC General & Unrestricted 10,000
    COMMUNITY LEAGUE OF THE HEIGHTS INC
    PO BOX 322068
    NEW YORK,NY10032     		N/A PC Food Pantry Fund 75,000
    COMMUNITY LEAGUE OF THE HEIGHTS INC
    PO BOX 322068
    NEW YORK,NY10032     		N/A PC Food Pantry Fund 75,000
    DAVID LYNCH FOUNDATION FOR CONSCIOUSNESS-BASED EDU
    1000 N 4TH ST
    FAIRFIELD,IA52557     		N/A SO III FI General & Unrestricted 5,000
    EAST END NRZ POP UP MARKET & CAFE
    1851 STRATFORD AVE
    BRIDGEPORT,CT06607     		N/A PC General & Unrestricted 10,000
    EISENHOWER EXCHANGE FELLOWSHIPS INC
    250 S 16TH ST
    PHILADELPHIA,PA19102     		N/A PC General & Unrestricted 50,000
    ENTERPRISE COMMUNITY PARTNERS INC
    11000 BROKEN LAND PKWY STE 700
    COLUMBIA,MD21044     		N/A PC General & Unrestricted 25,000
    EQUAL JUSTICE INITIATIVE
    122 COMMERCE ST
    MONTGOMERY,AL36104     		N/A PC General & Unrestricted 15,000
    EQUUS FOUNDATION INC
    168 LONG LOTS RD
    WESTPORT,CT06880     		N/A PC Charitable Event 12,500
    FAIRFIELD COUNTYS COMMUNITY FOUNDATION INC
    40 RICHARDS AVE
    NORWALK,CT06854     		N/A PC Community Impact Fund 50,000
    FAIRFIELD COUNTYS COMMUNITY FOUNDATION INC
    40 RICHARDS AVE
    NORWALK,CT06854     		N/A PC Emme Coalition 10,000
    FORTUNE SOCIETY INC
    29-76 NORTHERN BLVD
    LONG ISLAND CITY,NY11101     		N/A PC General & Unrestricted 25,000
    GIVING BACK FUND INC
    2208 CANYONBACK RD
    LOS ANGELES,CA90049     		N/A PC The Peace Dept 75,000
    GIVING BACK FUND INC
    2208 CANYONBACK RD
    LOS ANGELES,CA90049     		N/A PC Foundation House project 100,000
    GIVING BACK FUND INC
    2208 CANYONBACK RD
    LOS ANGELES,CA90049     		N/A PC Peace Dept Project 50,000
    GLOBAL STRAYS INC
    26 HILL ST 112
    SOUTHAMPTON,NY11968     		N/A PC General & Unrestricted 1,000
    GREENWICH BOTANICAL CENTER INC
    PO BOX 1600
    COS COB,CT06807     		N/A PC Charitable Event 1,000
    GREENWICH EMERGENCY MEDICAL SERVICE INCORPORATED
    1111 EAST PUTNAM AVE
    RIVERSIDE,CT06878     		N/A PC General & Unrestricted 5,000
    GREENWICH POLICE DEPT SCHOLARSHIP FUND INC GREENWI
    11 BRUCE PL
    GREENWICH,CT06830     		N/A PC General & Unrestricted 2,500
    GREENWICH RIDING & TRAILS ASSOCIATION INC
    PO BOX 1403
    GREENWICH,CT06836     		N/A PC GRTA Trail Maintenance 10,000
    HUMANITY FORWARD FOUNDATION
    499 S CAPITOL ST SW STE 407
    WASHINGTON,DC20002     		N/A PC General & Unrestricted 10,000
    IDEOORG
    444 SPEAR ST STE 213
    SAN FRANCISCO,CA94105     		N/A PC General & Unrestricted 10,000
    IMPACTASSETS INC
    4340 EAST WEST HWY STE 210
    BETHESDA,MD20814     		N/A PC M K Reichert Sternlicht Fund 525,000
    ISRAAID US INC
    PO BOX 61227
    PALO ALTO,CA94306     		N/A PC General & Unrestricted 10,000
    JDRF INTERNATIONAL
    200 VESEY ST 28TH FLOOR
    NEW YORK,NY10281     		N/A PC JDRF T1D Fund LLC 200,000
    JDRF INTERNATIONAL
    200 VESEY ST 28TH FLOOR
    NEW YORK,NY10281     		N/A PC JDRF T1D Fund LLC 200,000
    JEWISH BOARD OF FAMILY & CHILDRENS SERVICES INC
    135 WEST 50TH ST 6TH FLOOR
    NEW YORK,NY10020     		N/A PC Charitable Event 1,000
    JUDD FOUNDATION
    101 SPRING ST
    NEW YORK,NY10012     		N/A PC Charitable Event 5,000
    KAMINSKI CENTER FOR PSYCHIATRY AND OTHERNESS STUDI
    64 E 94TH ST APT 1E
    NEW YORK,NY10128     		N/A PC General & Unrestricted 10,000
    MARSHALL PROJECT INC
    156 W 56TH ST STE 701
    NEW YORK,NY10019     		N/A PC General & Unrestricted 10,000
    NATIONAL TRUST FOR HISTORIC PRESERVATION IN THE UN
    199 ELM ST
    NEW CANAAN,CT06840     		N/A PC General & Unrestricted 5,000
    NATIONAL TRUST FOR HISTORIC PRESERVATION IN THE UN
    199 ELM ST
    NEW CANAAN,CT06840     		N/A PC Support for Operations in 2022 25,000
    NATURE CONSERVANCY - CONNECTICUT CHAPTER
    55 CHURCH ST FLOOR 3
    NEW HAVEN,CT06510     		N/A PC General & Unrestricted 20,000
    NEW PROFIT INC
    225 FRANKLIN ST SUITE 350
    BOSTON,MA02110     		N/A PC Proximate Leaders Impact Inclusion Fund 50,000
    ONEGOAL
    55 EXCHANGE PL STE 503
    NEW YORK,NY10005     		N/A PC Support for Operations in 2022 75,000
    PEN AMERICAN CENTER INC
    588 BROADWAY RM 303
    NEW YORK,NY10012     		N/A PC Charitable Event 10,000
    PLANNED PARENTHOOD FEDERATION OF AMERICA INC
    123 WILLIAMS ST 10TH FL
    NEW YORK,NY10038     		N/A PC General & Unrestricted 5,000
    PLANNED PARENTHOOD OF SOUTHERN NEW ENGLAND INC
    345 WHITNEY AVE
    NEW HAVEN,CT06511     		N/A PC Charitable Event 10,000
    PLANNED PARENTHOOD OF SOUTHERN NEW ENGLAND INC
    345 WHITNEY AVE
    NEW HAVEN,CT06511     		N/A PC Charitable Event 10,000
    PLANNED PARENTHOOD OF SOUTHERN NEW ENGLAND INC
    345 WHITNEY AVE
    NEW HAVEN,CT06511     		N/A PC General & Unrestricted 35,000
    PROJECT ACCESS INC
    2100 W ORANGEWOOD AVE STE 230
    ORANGE,CA92868     		N/A PC Bridge Workforce BCEI + Project 25,000
    SAG HARBOR COMMUNITY FOOD PANTRY INC
    PO BOX 1241
    SAG HARBOR,NY11963     		N/A PC General & Unrestricted 1,000
    SAG HARBOR VOLUNTEER AMBULANCE CORPS
    PO BOX 2725
    SAG HARBOR,NY11963     		N/A PC General & Unrestricted 250
    SAG HARBOR VOLUNTEER FIRE DEPT
    PO BOX 209
    SAG HARBOR,NY11963     		N/A PC General & Unrestricted 250
    SAVE THE CHILDREN FEDERATION INC
    501 KINGS HWY EAST STE 400
    FAIRFIELD,CT06825     		N/A PC 100 Strong Women Initiative 100,000
    SAVE THE CHILDREN FEDERATION INC
    501 KINGS HWY EAST STE 400
    FAIRFIELD,CT06825     		N/A PC Save The Children's US Emergency 50,000
    SEVENTH REGIMENT ARMORY CONSERVANCY INC DBA PARK A
    643 PARK AVE 3RD FL
    NEW YORK,NY10065     		N/A PC General & Unrestricted 50,000
    SEVENTH REGIMENT ARMORY CONSERVANCY INC DBA PARK A
    643 PARK AVE 3RD FL
    NEW YORK,NY10065     		N/A PC Charitable Event 50,000
    SEVENTH REGIMENT ARMORY CONSERVANCY INC DBA PARK A
    643 PARK AVE 3RD FL
    NEW YORK,NY10065     		N/A PC Charitable Event 10,000
    SHATTERPROOF A NONPROFIT CORP
    101 MERRITT 7 CORPORATE PARK 1ST FL
    NORWALK,CT06851     		N/A PC General & Unrestricted 10,000
    SHINING HOPE FOR COMMUNITIES INC
    11 PARK PL 3RD FL
    NEW YORK,NY10007     		N/A PC General & Unrestricted 125,000
    SOCIAL GOOD FUND INC
    PO BOX 5473
    RICHMOND,CA94805     		N/A PC Tight Lipped podcast 10,000
    SPACE ON THE FARM INC
    PO BOX 699
    NEW YORK,NY10013     		N/A PC Founders Fund 10,000
    ST JUDE CHILDRENS RESEARCH HOSPITAL INC
    501 ST JUDE PL
    MEMPHIS,TN38105     		N/A PC General & Unrestricted 10,000
    TEACH FOR AMERICA - CONNECTICUT
    370 JAMES ST SUITE 404
    NEW HAVEN,CT06513     		N/A PC General & Unrestricted 25,000
    TRUST WOMEN FOUNDATION INC
    5107 E KELLOGG DR
    WICHITA,KS67218     		N/A PC General & Unrestricted 50,000
    UJA FEDERATION OF GREENWICH
    1 HOLLY HILL LN
    GREENWICH,CT06830     		N/A PC UJA-JCC Greenwich 15,000
    UNCHARTED
    1801 13TH ST STE 400
    BOULDER,CO80302     		N/A PC Uncharted's Economic Inequality Initiative 85,000
    UNITED STATES EQUESTRIAN TEAM FOUNDATION INC
    PO BOX 355
    GLADSTONE,NJ07934     		N/A PC General & Unrestricted 10,000
    Total .................................bullet 3a 2,784,500
    bApproved for future payment
    Total .................................bullet 3b  
    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 3,389  
    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 ............     		525990 -28 18 4,565,040  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss     		525990 1,187 14 21,410  
    bFederal Tax Refund     01 35,110  
    cINTEREST INCOME FROM NOTES     14 2,750  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 1,159 6,773,380  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    6,774,539
    (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
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    M K Reichert Sternlicht Foundation
     
    Employer identification number

    81-0807556
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    M K Reichert Sternlicht Foundation
          		Employer identification number
    81-0807556
    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
    Miriam Klein Sternlicht Revocable T
    Miriam K Sternlicht 121 Old Mill Rd
     
    Greenwich, CT06831

    		$ 7,387,223


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    Sternlicht Miriam Klein
    121 Old Mill Road
     
    Greenwich, CT06831

    		$ 1,969,985


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    M K Reichert Sternlicht Foundation
          		Employer identification number

    81-0807556
    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
    1
    		 BLACKLINE INC BL, 19437 sh. $ 2,257,413 2021-03-11
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 DATADOG INC DDOG, 20179 sh. $ 1,714,105 2021-03-11
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 CROWDSTRIKE HOLDINGS, INC CRWD, 9718 sh. $ 1,925,573 2021-03-12
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 SLACK TECHNOLOGIES CLASS A ORD SHS WORK, 36496 sh. $ 1,490,132 2021-03-12
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 APPLE INC AAPL, 16394 sh. $ 1,969,985 2021-03-12
    (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
    M K Reichert Sternlicht Foundation
          		Employer identification number

    81-0807556
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


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    TY 2021 DepreciationSchedule
    Name:
    M K Reichert Sternlicht Foundation
    EIN:
    81-0807556
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2021 GeneralExplanationAttachment
    Name:
    M K Reichert Sternlicht Foundation
    EIN:
    81-0807556
    Identifier Return Reference Explanation
    Part 1 Line 6A (990-PF) PART I LINE 6A (990-PF) RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $4,565,040 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $(28) TOTAL PART I, LINE 6A: $4,565,012 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $14,939,265 BOOK BASIS: $10,594,410 NET GAIN/(LOSS): $4,344,855 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $220,201 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $413 BOOK BASIS: $429 NET GAIN/(LOSS): $(16)
    990-PF FORM 8865 - CONTROLLED FOREIGN PARTNERSHIP REPORTING FORM 8865 - CONTROLLED FOREIGN PARTNERSHIP REPORTING THE TAXPAYER MAY BE REQUIRED TO FILE U.S. FORM 8865, BUT IS NOT DOING SO UNDER THE CONSTRUCTIVE OWNERSHIP EXCEPTION. THE TAXPAYER HAS AN INTEREST IN MICROVEST SHORT DURATION FUND, LP, 7315 WISCONSIN AVENUE, SUITE 300W BETHESDA, MD 20814 EIN: 27-2981077 WHICH FILED FORM 8865'S OR WAS A PARTNER IN FUNDS THAT FILED FORM 8865'S FOR THE YEAR ENDED 12/31/2021.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    M K Reichert Sternlicht Foundation
    EIN:
    81-0807556
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALLEGION US HOLDING CO - 3.200 85,912 86,328
    ALPHABET INC - 1.100% - 08/15/ 115,197 108,856
    ALTRIA GROUP INC - 4.400% - 02 77,730 73,740
    AMC NETWORK - 5.000% - 04/01/2 8,210 8,060
    AMC NETWORKS INC - 4.750% - 08 72,300 73,530
    AMERICAN TOWER CORP - 3.375% - 11,095 10,631
    AMERICAN TOWER CORP BOND - 4.0 63,259 62,089
    APPLE INC - 3.000% - 06/20/202 175,356 171,458
    AT&T INC - 4.100% - 02/15/2028 29,906 28,872
    ATT INC - 3.800% - 02/15/2027 47,818 45,638
    BANK AMER CORP - 2.456% - 10/2 173,147 174,600
    BANK OF NOVA SCOTIA - 2.375% - 171,326 172,925
    BECTON DICKINSON - 3.363% - 06 12,983 12,566
    BLOCK FINL LLC - 2.500% - 07/1 30,532 30,058
    BROADCOM CORP/BROADCOM CAYMAN 87,040 90,048
    CARLISLE COS INC NOTE CALL - 3 86,604 86,499
    CARRIER GLOBAL CORP - 2.242% - 34,777 33,805
    CARRIER GLOBAL CORPORATION SER 44,131 42,146
    CDK GLOBAL INC - 4.875% - 06/0 63,313 63,135
    CDW CORP - 3.250% - 02/15/2029 73,730 73,652
    CDW LLC / CDW FIN CORP - 4.250 12,653 12,390
    CENTURYLINK INC NOTE - 0.000% 87,290 84,315
    CITIGROUP INC - 1.678% - 05/15 179,453 176,954
    CITRIX SYS INC - 4.500% - 12/0 86,622 86,899
    CONAGRA BRANDS INC - 4.300% - 55,745 54,279
    CONAGRA BRANDS INC - 4.600% - 25,594 24,199
    DISCOVERY COMMUNICATIONS LLC - 86,623 86,011
    DOLLAR TREE INC - 4.200% - 05/ 70,238 72,497
    DUKE ENERGY - 3.350% - 05/15/2 127,006 126,330
    EQUINIX INC - 1.550% - 03/15/2 29,342 28,856
    EURO BK RECON & DEV - 0.250% - 314,935 313,128
    EUROPEAN INVESTMENT BANK - 2.5 164,857 171,826
    FORTUNE BRANDS HOME & SEC - 4. 78,372 76,478
    HCA INC - 5.375% - 09/01/2026 43,178 42,703
    HCA INC - 5.625% - 09/01/2028 43,336 43,234
    HP INC NOTE - 3.000% - 06/17/2 76,086 75,767
    IDAHO ENERGY RES AUTH - 2.297% 81,639 87,185
    INTERNATIONAL BK - 0.375% - 07 134,817 131,365
    JPMORGAN CHASE & CO - 0.653% - 130,136 129,403
    KLA-TENCOR SR GLBL NT - 4.650% 86,696 84,579
    KRAFT HEINZ FOODS - 3.875% - 0 78,931 78,899
    MICROCHIP TECHNOLOGYINC. SER B 79,209 78,938
    MIDAMERICAN ENERGY CO - 3.100% 156,970 169,966
    MOTOROLA SOLUTIONS INC - 4.000 85,962 85,218
    ORACLE CORP - 2.300% - 03/25/2 79,206 77,812
    PFIZER INC - 2.625% - 04/01/20 132,208 125,385
    QORVO INC - 4.350% - 10/15/202 79,218 78,533
    QVC INC - 4.450% - 02/15/2025 61,281 62,245
    QVC INC NOTE - 4.750% - 02/15/ 12,250 14,385
    REYNOLDS AMERICAN - 4.450% - 0 74,038 73,422
    SBA COMMUNICATIONS CORP SER B 81,626 81,370
    SERVICE CORP INTL NOTE - 4.625 81,853 81,413
    STARBUCKS CORP - 2.450% - 06/1 116,940 129,225
    STEEL DYNAMICS INC SER B - 5.0 77,944 76,069
    TEGNA INC SER B NOTE - 4.625% 86,655 84,906
    TOTAL SYS SVCS - 0.000% - 06/0 86,665 85,544
    TRINITY ACQUISITION PLC - 4.40 61,285 57,980
    UNITED RENTALS - 5.500% - 05/1 80,447 78,000
    UNITED RENTALS NORTH AMER INC 8,260 8,220
    UNIVERSITY CALIFORNIA - 3.309% 69,363 75,480
    VERISK ANALYTICS INC - 4.000% 73,589 73,090
    VERIZON - 3.875% - 02/08/2029 135,922 127,547
    VERIZON COMMUNICATIONS INC - 4 87,569 83,366
    WESTERN DIGITAL CORP - 4.750% 75,622 77,568
    WESTINGHOUSE AIR BRAKE TECHNOL 56,191 55,742
    WILLIS NORTH AMERICA - 3.600% 26,385 26,188

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    M K Reichert Sternlicht Foundation
    EIN:
    81-0807556
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AB FLEXFEE US THEMATIC PORTFOL 850,000 908,858
    ALLIANCEBERN GLOBAL THEMATIC G 2,000,000 3,219,033
    AMERICAN AIRLINES GROUP INC 6,527,393 2,692,527
    APPLE INC 3,940,685 15,912,047
    ASHMORE EMERGING MARKETS 1,500,000 1,293,725
    BLACKLINE INC 1,746,165 1,556,724
    BLACKROCK EUROFUND I 1,500,000 2,113,146
    BOSTON COMMON INTERNATIONAL 3,300,000 4,028,330
    BROWN ADVISORY SUSTAINABILITY 2,300,000 3,392,398
    CALVERT EMERGING MARKETS EQUIT 850,000 784,055
    CROWDSTRIKE HOLDINGS, INC 1,549,098 1,600,736
    EQUINIX, INC 1,509,385 2,907,998
    HARTFORD CLIMATE OPPORTUNITIES 850,000 807,781
    ISHARES MSCI KLD 400 SOCIAL IN 1,099,978 1,193,093
    ISHARES S&P GLOBAL I 2,199,338 2,281,036
    ISHARES TRUST MSCI EAFE INDEX 1,899,889 1,852,521
    MANAGED PORTFOLIO SERIES ECORN 2,000,000 1,909,110
    MORGAN STANLEY ASIA OPPORTUNIT 2,100,000 1,997,678
    PARNASSUS FD EQUITY INCOME FUN 850,000 844,275
    PAX WORLD GLOBAL GREEN FD INST 1,500,000 1,913,023
    PAX WORLD HIGH YIELD BOND-IN 750,000 761,062
    SALESFORCE.COM 1,672,524 838,375
    SHELTON GREEN ALPHA FD 850,000 708,948
    STARWOOD PROPERTY TRUST INC 13,323,037 15,685,552

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    M K Reichert Sternlicht Foundation
    EIN:
    81-0807556
    US Government Securities - End of Year Book Value:

    451,069
    US Government Securities - End of Year Fair Market Value:

    466,158
    State & Local Government Securities - End of Year Book Value:


    1,533,180
    State & Local Government Securities - End of Year Fair Market Value:


    1,581,844


    TY 2021 InvestmentsOtherSchedule2
    Name:
    M K Reichert Sternlicht Foundation
    EIN:
    81-0807556
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BRIDGE WORKFORCE AND AFFORDABL   941,882 1,083,147
    DESERT BLOOM FOOD VENTURES LLC   370,851 430,000
    LEGACY VENTURE (X), LLC   236,900 270,645
    LEGACY VENTURE IX LLC   713,086 1,477,241
    MICROVEST SHORT DURATION FUND,   288,865 271,221
    NEW SUMMIT IMPACT FUND II-B, L   238,937 313,041
    ROSE AFFORDABLE HOUSING PRESER   509,877 498,049
    SKELLIG DST WATER FUND   748,995 905,338
    SOSV IV LP   153,836 247,471
    STARWOOD REAL ESTATE INCOME TR   2,987,276 3,153,774
    THE SOCIAL ENTREPRENEURS FUND   188,349 257,574
    THIS BAR SAVES LIVES LLC   186,665 250,000
    TPG RISE CLIMATE CAYMAN AIV I,   124 151
    TPG RISE CLIMATE, LP      
    WELLINGTON TRUST COMPANY, NA   849,572 792,279

    TY 2021 OtherExpensesSchedule
    Name:
    M K Reichert Sternlicht Foundation
    EIN:
    81-0807556
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 117,059     117,059
    Bank Charges 28,402 28,402    
    K-1 Exp BRIDGE WORKFORCE AND A 33,864 33,862    
    K-1 Exp DESERT BLOOM FOOD VENT 20 16    
    K-1 Exp LEGACY VENTURE (X), LL 12,939 12,939    
    K-1 Exp LEGACY VENTURE IX LLC 30,034 30,034    
    K-1 Exp MICROVEST SHORT DURATI 4,684 4,684    
    K-1 Exp NEW SUMMIT IMPACT FUND 14,855 14,241    
    K-1 Exp ROSE AFFORDABLE HOUSIN 59 59    
    K-1 Exp SKELLIG DST WATER FUND 8,088 8,088    
    K-1 Exp SOSV IV LP 4,591 4,591    
    K-1 Exp THE SOCIAL ENTREPRENEU 12,204 12,204    
    K-1 Exp THIS BAR SAVES LIVES L 550 549    
    K-1 Exp TPG RISE CLIMATE CAYMA 2 2    
    State or Local Filing Fees 25     25


    TY 2021 OtherIncomeSchedule2
    Name:
    M K Reichert Sternlicht Foundation
    EIN:
    81-0807556
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss DESERT BLOOM FOOD VENTURES LLC -14,129 -14,129  
    K-1 Inc/Loss LEGACY VENTURE (X), LLC 178 101  
    K-1 Inc/Loss LEGACY VENTURE IX LLC 837 292  
    K-1 Inc/Loss MICROVEST SHORT DURATION FUND, L.P 20,669 20,669  
    K-1 Inc/Loss NEW SUMMIT IMPACT FUND II-B, L.P 5,973 5,354  
    K-1 Inc/Loss SKELLIG DST WATER FUND 13,445 13,445  
    K-1 Inc/Loss SOSV IV LP 188 188  
    K-1 Inc/Loss THE SOCIAL ENTREPRENEURS FUND III LP 491 491  
    K-1 Inc/Loss THIS BAR SAVES LIVES LLC -5,181 -9,523  
    K-1 Inc/Loss TPG RISE CLIMATE CAYMAN AIV I, L.P 126 126  
    Federal Tax Refund 35,110    
    Interest Income from Notes 2,750 2,750  


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    TY 2021 OtherNotesLoansRcvblLongSch
    Name:
    M K Reichert Sternlicht Foundation
    EIN:
    81-0807556

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    NOTE - LOCAL INITIATIVES SUPPORT CORP   100,000 100,000 2019-04 2026-05   275 %        

    TY 2021 OtherProfessionalFeesSchedule
    Name:
    M K Reichert Sternlicht Foundation
    EIN:
    81-0807556
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 26,358 26,358    
    Philanthropic Consulting Srvcs 4,590     4,590


    TY 2021 TaxesSchedule
    Name:
    M K Reichert Sternlicht Foundation
    EIN:
    81-0807556
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2021 63,000