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
BIMAH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)CO BERDON LLP 360 MADISON AVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY100177111
A Employer identification number

45-3526909
B Telephone number (see instructions)

(212) 832-0400
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$15,088,965J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 261,145 261,145  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,386,722
b Gross sales price for all assets on line 6a 6,240,564
7 Capital gain net income (from Part IV, line 2)... 1,386,722
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 72,024 71,185  
12 Total. Add lines 1 through 11........ 1,719,891 1,719,052  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 37,500 18,750   18,750
c Other professional fees (attach schedule).... Click to see attachment 4,211 3,841   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 39,000 0   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 76,439 76,439   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 157,150 99,030   18,750
25 Contributions, gifts, grants paid....... 566,615 566,615
26 Total expenses and disbursements. Add lines 24 and 25 723,765 99,030   585,365
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 996,126
b Net investment income (if negative, enter -0-) 1,620,022
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............. 4,307,420 4,136,369 4,136,369
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,820,993 Click to see attachment4,521 4,668
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,390,561 Click to see attachment10,355,781 10,929,499
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment18,429 Click to see attachment18,429
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,518,974 14,515,100 15,088,965
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 13,518,974 14,515,100
29 Total net assets or fund balances (see instructions)..... 13,518,974 14,515,100
30 Total liabilities and net assets/fund balances (see instructions). 13,518,974 14,515,100
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
13,518,974
2
Enter amount from Part I, line 27a .....................
2
996,126
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
14,515,100
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
14,515,100
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 BNY MELLON-3940: S/T REALIZED GAIN/LOSS      
b BNY MELLON-3940: L/T REALIZED GAIN/LOSS      
c ST JOHNS COUNTY F 5.5% CCRC HLTH DUE 08/01/44 P 2020-03-09 2021-01-21
d WESTCHESTR CN NY 6.5% CCRC HLTH DUE 07/01/23 P 2020-05-21 2021-01-06
e PARTNERSHIPS- NET S/T CAPITAL GAINS P    
PARTNERSHIPS- NET L/T CAPITAL GAINS P    
GAIN ON DISPOSITION OF PARTNERSHIP INTEREST- ANNEX DISLOCATION HOLDINGS FUND P    
FARADAY CAPITAL OFFSHORE II, L.P. P    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 135,878   127,923 7,955
b 6,048,500   4,699,396 1,349,104
c 16,175   15,560 615
d 40,000   40,962 -962
e       6,596
      21,878
      76
      1,449
11     11
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       7,955
b       1,349,104
c       615
d       -962
e       6,596
      21,878
      76
      1,449
      11
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 1,386,722
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 22,518
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 22,518
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 10,964
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 35,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 45,964
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 204
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 23,242
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet23,242 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)
    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 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 ofbulletBRICKS CAPITAL LLC Telephone no.bullet (212) 832-0400

    Located atbullet360 MADISON AVENEW YORKNY ZIP+4bullet100177111
    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)
     
    No
    (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
     
     
    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
    BARBARA K SILVERMAN VP/DIRECTOR
    5.00     		0 0 0
    C/O BERDON LLP 360 MADISON AVE
    NEW YORK,NY10017
    PHILIP SILVERMAN CO-PRESIDENT/DIRECTOR/SECR
    10.00     		0 0 0
    C/O BERDON LLP 360 MADISON AVE
    NEW YORK,NY10017
    RICHARD B SILVERMAN VP DIRECTOR
    1.00     		0 0 0
    C/O BERDON LLP 360 MADISON AVE
    NEW YORK,NY10017
    MATTHEW SIMON CO-PRESIDENT/DIRECTOR
    10.00     		0 0 0
    C/O BERDON LLP 360 MADISON AVE
    NEW YORK,NY10017
    MARGARET WISE VP/DIRECTOR
    1.00     		0 0 0
    C/O BERDON LLP 360 MADISON AVE
    NEW YORK,NY10017
    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
    763,845
    b
    Average of monthly cash balances.......................
    1b
    5,920,625
    c
    Fair market value of all other assets (see instructions)................
    1c
    8,473,239
    d
    Total (add lines 1a, b, and c).........................
    1d
    15,157,709
    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
    15,157,709
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    227,366
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    14,930,343
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    746,517
    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
    746,517
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    22,518
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    22,518
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    723,999
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    723,999
    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
    723,999
    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 7 723,999
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 426,537
    b Total for prior years:20, 20, 20 0
    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 ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 585,365
    a Applied to 2020, but not more than line 2a 426,537
    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..... 158,828
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		565,171
    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) ...     		0
    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....  
    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).)
    BARBARA K SILVERMAN
    RICHARD B SILVERMAN
    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
    AMERICAN FRIENDS OF LEKET ISRAEL
    PO BOX 2090
    TEANECK,NJ07666     		  PC GENERAL & UNRESTRICTED 40,000
    BELEV ECHAD
    206 E 95TH ST STE 1A
    NEW YORK,NY10128     		  PC GENERAL & UNRESTRICTED 40,000
    CENTRAL FUND OF ISRAEL
    980 SIXTH AVE STE 1501 3RD FLOOR
    NEW YORK,NY10018     		  PC PALESTINIAN MEDIA WATCH 55,000
    CHICAGO BOTANIC GARDEN
    1000 LAKE COOK RD
    GLENCOE,IL60022     		  PC GENERAL & UNRESTRICTED 4,000
    JEWISH FEDERATION OF METROPOLITAN CHICAGO
    30 SOUTH WELLS ST NO 4049
    CHICAGO,IL60606     		  PC RICHARD AND BARBARA SILVERMAN PHILANTHROPIC FUND 25,000
    NORTHWESTERN UNIVERSITY
    1201 DAVIS STREET
    EVANSTON,IL60208     		  PC NORTWESTERN HILLEL 37,000
    PARK AVENUE SYNAGOGUE
    50 E 87TH ST
    NEW YORK,NY10128     		  PC GENERAL & UNRESTRICTED 3,600
    PEF ISRAEL ENDOWMENT FUNDS INC
    630 3RD AVE STE 1501
    NEW YORK,NY10017     		  PC GENERAL & UNRESTRICTED 25,000
    STAND WITH US
    PO BOX 341069
    LOS ANGELES,CA90034     		  PC GENERAL & UNRESTRICTED 40,000
    THE AMEL PROJECT
    1100 15TH ST NW 4TH FL
    WASHINGTON DC,DC20005     		  PC GENERAL & UNRESTRICTED 10,000
    THE BLUE CARD
    171 MADISON AVE STE 1405
    NEW YORK,NY10016     		  PC MEDICAL SUPPLIES 40,000
    THE GOOD PEOPLE FUND
    384 WYMONIG AVE
    MILLBURN,NJ07041     		  PC GENERAL & UNRESTRICTED 10,000
    THE LAWFARE PROJECT
    633 3RD AVE 21ST FLOOR
    NEW YORK,NY10017     		  PC GENERAL & UNRESTRICTED 60,000
    CONGREGATION BNAI JEHOSHUA BETH ELOHIM
    1201 LAKE COOK RD
    DEERFIELD,IL60015     		  PC GENERAL & UNRESTRICTED 56,515
    MALTA CONFERENCES FOUNDATION
    1245 SOUTH MICHIGAN AVENUE
    CHICAGO,IL60605     		  PC GENERAL & UNRESTRICTED 1,500
    JOYCE THEATER FOUNDATION
    175 EIGHTH AVENUE
    NEW YORK,NY10011     		  PC GENERAL & UNRESTRICTED 25,000
    JEWISH NATIONAL FUND OF CANADA
    1000 FINCH AVENUE WEST
    TORONTO,ONTARIOM3J2V5
    CA     		  PC GENERAL & UNRESTRICTED 10,000
    GUSH ETZION FOUNDATION
    923 BROADWAY
    WOODMERE,NY11598     		  PC GENERAL & UNRESTRICTED 39,000
    AMERICAN FRIENDS OF THE ISRAEL SPORT CENTER FOR THE DISABLED
    ONE NORTHFIELD PLAZA SUITE 300
    NORTHFIELD,IL60093     		  PC GENERAL & UNRESTRICTED 5,000
    THE BIRTHRIGHT ISRAEL FOUNDATION
    C/O JPM 4 NEW YORK PLAZA
    NEW YORK,NY10004     		  PC GENERAL & UNRESTRICTED 20,000
    IMAGINATION PRODUCTIONS
    11110 WEST OAKLAND PARK BLVD SUITE
    288
    SUNRISE,FL33351     		  PC GENERAL & UNRESTRICTED 20,000
    Total .................................bullet 3a 566,615
    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 ...........     		         
    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 1,386,722  
    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 1,719,891 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,719,891
    (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 AccountingFeesSchedule
    Name:
    BIMAH FOUNDATION
    EIN:
    45-3526909
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 37,500 18,750   18,750

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    BIMAH FOUNDATION
    EIN:
    45-3526909
    Name of Stock End of Year Book Value End of Year Fair Market Value
    DOUBLELINE TOTAL RETURN BOND FUND CLASS I 638 644
    DOUBLELINE CORE FIXED INCOME FUND CLASS I 3,883 4,024

    TY 2021 InvestmentsOtherSchedule2
    Name:
    BIMAH FOUNDATION
    EIN:
    45-3526909
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OCEANA AUSTRALIAN FIXED INCOME AT COST 1,000,000 1,000,000
    INVESTMENT IN PRIME MOVERS LAB FUND II LP AT COST 45,215 55,397
    INVESTMENT IN PERCEPTIVE CREDIT OPPORTUNITIES OFFSHORE FUND III, LP AT COST 76,699 185,683
    INVESTMENT IN MELODY HARMONI CO-INVEST, LP AT COST 437,943 522,956
    INVESTMENT IN MELODY COMMUNICATIONS INFRASTRUCTURE ONSHORE AT COST 193,682 244,726
    INVESTMENT IN EXCELSIOR RENEWABLE ENERGY AIV I, LP AT COST 61,548 45,938
    INVESTMENT IN BPCP II OFFSHORE, LTD AT COST 550,000 614,258
    INVESTMENT IN CLADRIUS LP AT COST 550,000 604,945
    INVESTMENT IN CB OFFSHORE CREDIT OPPORTUNITIES FUND II, LP AT COST 532,589 529,174
    INVESTMENT IN LYNX EBO FUND I(A),LLC AT COST 595,000 716,210
    RADCLIFFE INTERNATIONAL ULTRA SHORT DURATION FUND AT COST 850,000 881,020
    OTHER INVESTMENTS AT COST 144,322 0
    BAY POINT CAPITAL PARTNERS II AT COST 173,513 170,000
    BREVET DIRECT LENDING AT COST 285,552 255,000
    CORRY CAPITAL - SHORT LE AT COST 382,500 402,521
    COURAGE MUSIC PARTNERS II AT COST 125,800 181,255
    FARADAY CAPITAL OFFSHORE II LP AT COST 259,375 255,670
    PRIMA MORTGAGE INVESTMENT TRUST AT COST 426,578 423,972
    SUMITOMO MITSUI BANKING CORP AT COST 3,452 0
    WHISKEY CAPITAL SECURED FINANCING FUND I AT COST 74,441 88,727
    FRAZIER LIFE SCIENCES AT COST 87,757 90,862
    NATARE CAPITAL MARKETS EVENT FUND LP AT COST 863,961 861,703
    IRON TRIANGLE OFFSHORE FUND AT COST 340,000 358,511
    MEREWETHER CYCLICAL OFFSHORE PARTNERS, LTD AT COST 340,000 415,061
    VELLAR OPPORTUNITIES FUND OFFSHORE LTD AT COST 765,000 772,145
    WHITEHAVEN CREDIT OPPORTUNITIES FUND, LTD AT COST 314,500 324,780
    WHI REAL ESTATE PARTNERS V-TE, L.P. AT COST 84,595 103,949
    CRC BOND OPPORTUNITY TRADING FUND (CAYMAN) LP AT COST 256,201 250,243
    CORRUM CAPITAL AVIATION OPPORTUNITIES IV, LLC AT COST 241,467 239,522
    SINGH PROPERTIES FUND III LP AT COST 245,086 286,561
    PERCEPTIVE XONTOGENY VENTURE FUND II, LP AT COST 49,005 48,710

    TY 2021 OtherAssetsSchedule
    Name:
    BIMAH FOUNDATION
    EIN:
    45-3526909
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DISTRIBUTION RECEIVABLE - ANNEX DISLOCATION HOLDINGS FUND LP 0 393 393
    DUE FROM BRICKS CAPITAL 0 18,036 18,036


    TY 2021 OtherExpensesSchedule
    Name:
    BIMAH FOUNDATION
    EIN:
    45-3526909
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PARTNERSHIPS- ROYALTY EXPENSES 34,272 34,272   0
    PARTNERSHIPS- INVESTMENT INTEREST EXPENSE 1,150 1,150   0
    PARTNERSHIPS- OTHER EXPENSES 41,017 41,017   0


    TY 2021 OtherIncomeSchedule2
    Name:
    BIMAH FOUNDATION
    EIN:
    45-3526909
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    AG CSF1A (ANNEX) DISLOCATION HOLDINGS FUND LP 36,213 36,213 36,213
    PARTNERSHIPS- ORDINARY INCOME (LOSS) -3,290 -3,290 -3,290
    PARTNERSHIPS- ROYALTY INCOME (LOSS) 17,862 17,862 17,862
    PARTNERSHIPS- OTHER INCOME (LOSS) 16,273 16,273 16,273
    CRC BOND OPPORTUNITY TRADING FUND (CAYMAN) LP 1,201 1,201 1,201
    FARADAY CAPITAL OFFSHORE II, L.P. 2,926 2,926 2,926
    MISCELLANEOUS INCOME 839 0 839


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    BIMAH FOUNDATION
    EIN:
    45-3526909
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 3,841 3,841   0
    OTHER PROFESSIONAL FEES 370 0   0


    TY 2021 TaxesSchedule
    Name:
    BIMAH FOUNDATION
    EIN:
    45-3526909
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX ON INVESTMENT INCOME 39,000 0   0