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
THE BRUCE E AND ROBBI S TOLL FOUNDATION
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)754 SOUTH COUNTY ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALM BEACH, FL33480
A Employer identification number

23-2667935
B Telephone number (see instructions)

(215) 938-8222
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$52,578,779J 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... 629,551 629,528  
5a Gross rents............ 12,233 14,438  
b Net rental income or (loss) 12,233
6a Net gain or (loss) from sale of assets not on line 10 11,506,663
b Gross sales price for all assets on line 6a 18,018,086
7 Capital gain net income (from Part IV, line 2)... 11,415,875
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 621,968 689,163  
12 Total. Add lines 1 through 11........ 12,770,415 12,749,004  
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 13,697 0   13,697
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 27,150 10,415   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 752,784 683,584   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 793,631 693,999   13,697
25 Contributions, gifts, grants paid....... 2,603,560 2,603,560
26 Total expenses and disbursements. Add lines 24 and 25 3,397,191 693,999   2,617,257
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 9,373,224
b Net investment income (if negative, enter -0-) 12,055,005
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............. 138,041 985,468 985,467
2 Savings and temporary cash investments......... 497,234 861,896 861,896
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) 1,328,659 Click to see attachment1,409,273 1,412,849
b Investments—corporate stock (attach schedule)....... 17,650,810 Click to see attachment27,209,614 32,840,638
c Investments—corporate bonds (attach schedule)....... 7,143,954 Click to see attachment7,495,168 11,268,237
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,739,648 Click to see attachment5,919,756 5,933,145
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment-773,184 Click to see attachment-771,147 Click to see attachment-723,453
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 31,725,162 43,110,028 52,578,779
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) Click to see attachment33,500 Click to see attachment40,750
23 Total liabilities (add lines 17 through 22)......... 33,500 40,750
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........... 31,691,662 43,069,278
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 31,691,662 43,069,278
30 Total liabilities and net assets/fund balances (see instructions). 31,725,162 43,110,028
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
31,691,662
2
Enter amount from Part I, line 27a .....................
2
9,373,224
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,004,392
4
Add lines 1, 2, and 3 ..........................
4
43,069,278
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
43,069,278
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 SHORT TERM CAPITAL GAINS FROM K-1S P 2021-01-01 2021-12-31
b LONG TERM CAPITAL GAINS FROM K1 P 2020-12-01 2021-12-31
c SECTION 1231 GAINS/LOSS FROM K-1S P 2020-12-01 2021-12-31
d UNRELATED BUSINESS TAXABLE INCOME FROM K-1S - LONG-TERM CAPITAL GAINS/LOSS P 2020-01-01 2021-12-31
e MERRILL LYNCH X04G26 P 2021-01-01 2021-12-31
MERRILL LYNCH X04G26 P 2020-12-01 2021-12-31
MERRILL LYNCH X04G26 P 2020-12-01 2021-12-31
MERRILL LYNCH X04013 P 2021-01-01 2021-12-31
MERRILL LYNCH X04013 P 2020-12-01 2021-12-31
MERRILL LYNCH X02180 P 2021-01-01 2021-12-31
MERRILL LYNCH X02180 P 2020-12-01 2021-12-31
UNRELATED BUSINESS TAXABLE INCOME FROM K-1S - SHORT-TERM CAPITAL GAINS/LOSS P 2021-01-01 2021-12-31
UNRELATED BUSINESS TAXABLE INCOME FROM K-1S - SHORT-TERM CAPITAL GAINS/LOSS P 2020-12-01 2021-12-31
BARON USA 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 571,222     571,222
b 940,481     940,481
c 4,716     4,716
d     91,462 -91,462
e 1,098,739   1,058,644 40,095
3,080,754   1,925,162 1,155,592
57,489   11,919 45,570
464,720   463,847 873
577,250   573,254 3,996
1,665,918   836,534 829,384
43,977   43,326 651
310     310
364     364
9,510,000   1,598,063 7,911,937
2,146     2,146
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       571,222
b       940,481
c       4,716
d       -91,462
e       40,095
      1,155,592
      45,570
      873
      3,996
      829,384
      651
      310
      364
      7,911,937
      2,146
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 11,415,875
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........................... 3 167,565
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- ..... 5 167,565
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 36,800
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 33,300
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 70,100
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 97,465
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   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$ 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
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)
    bulletPA
    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
    Yes
     
    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 ofbulletTHE ORGANIZATION Telephone no.bullet (215) 938-8222

    Located atbullet754 SOUTH COUNTY ROADPALM BEACHFL ZIP+4bullet33480
    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
    BRUCE E TOLL PRESIDENT
    1.00     		0 0 0
    754 S COUNTY ROAD
    PALM BEACH,FL33480
    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
    36,737,176
    b
    Average of monthly cash balances.......................
    1b
    2,569,729
    c
    Fair market value of all other assets (see instructions)................
    1c
    10,245,229
    d
    Total (add lines 1a, b, and c).........................
    1d
    49,552,134
    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
    49,552,134
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    743,282
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    48,808,852
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    2,440,443
    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
    2,440,443
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    167,565
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    167,565
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,272,878
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,272,878
    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
    2,272,878
    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 2,272,878
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019...... 576,556
    e From 2020...... 757,458
    f Total of lines 3a through e ........ 1,334,014
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,617,257
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 2,272,878
    e Remaining amount distributed out of corpus 344,379
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,678,393
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		1,678,393
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019.... 576,556
    d Excess from 2020.... 757,458
    e Excess from 2021.... 344,379
    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).)
    BRUCE E TOLL
    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
    ABINGTON MEMORIAL HOSPITAL FOUNDATION
    1200 OLD YORK ROAD
    ABINGTON,PA19001     		NONE PC GENERAL SUPPORT GRANT 100,000
    AMERICAN JEWISH CONGRESS
    1600 MARKET STREET SUTIE 1820
    PHILADELPHIA,PA19103     		NONE PC GENERAL SUPPORT GRANT 10,000
    ALZHEIMER'S DRUG DISCOVERY FOUNDATION
    57 W 57TH ST SUITE 904
    NEW YORK,NY10019     		NONE PC GENERAL SUPPORT GRANT 1,500
    AMERICAN ENTERPRISE INSTITUTE
    1789 MASSACHUSETTS AVE NW
    WASHINGTON,DC20036     		NONE PC GENERAL SUPPORT GRANT 10,000
    AMERICAN FRIENDS OF THE HEBREW UNIVERSITY(AFHU)
    1 BATTERY PL
    NEW YORK,NY10004     		NONE PC GENERAL SUPPORT GRANT 32,500
    AMERICAN FRIENDS OF THE ISRAEL MUSEUM
    505 5TH AVE
    NEW YORK,NY10110     		NONE PC GENERAL SUPPORT GRANT 125,000
    AMERICAN FRIENDS OF THE ISRAEL PHIL
    122 E 42ND ST NO4507
    NEW YORK,NY10168     		NONE PC GENERAL SUPPORT GRANT 6,250
    THE BREAST CANCER RESEARCH FOUNDATION
    28 W 44TH ST SUITE 609
    NEW YORK,NY10036     		NONE PC GENERAL SUPPORT GRANT 1,250
    BROOKLYN ACADEMY OF MUSIC
    30 LAFAYETTE AVE
    BROOKLYN,NY11217     		NONE PC GENERAL SUPPORT GRANT 250
    BETH SHOLOM CONGREGATION
    8231 OLD YORK RD
    ELKINS PARK,PA19027     		NONE PC GENERAL SUPPORT GRANT 4,889
    FRIENDS SELECT SCHOOL
    17TH 1651 BENJAMIN FRANKLIN PKWY
    PHILADELPHIA,PA19103     		NONE PC GENERAL SUPPORT GRANT 25,000
    BRIGHAM AND WOMEN'S HOSPITAL
    75 CRANCIS ST
    BOSTON,MA02115     		NONE PC GENERAL SUPPORT GRANT 250
    COLEL CHABAD
    806 EASTER PARKWAY
    BROOKLYN,NY11213     		NONE PC GENERAL SUPPORT GRANT 6,800
    DEVEREAUX
    10 EMERSON PL 2E
    BOSTON,MA02114     		NONE PC GENERAL SUPPORT GRANT 14,000
    EQUUS FOUNDATION
    168 LONG LOTS ROAD
    WESTPORT,CT06880     		NONE PC GENERAL SUPPORT GRANT 250
    FRIENDS OF THE ISRAEL DEFENSE FORCES
    PO BOX 4224
    NEW YORK,NY10163     		NONE PC GENERAL SUPPORT GRANT 10,000
    GUGGENHEIM MUSEUM
    1071 FIFTH AVENUE
    NEW YORK,NY10128     		NONE PC GENERAL SUPPORT GRANT 140
    GERMANTOWN FRIENDS SCHOOL
    31 W COULTER ST
    PHILADELPHIA,PA19144     		NONE PC GENERAL SUPPORT GRANT 500
    GREATER PHILADELPHIA YMCA
    400 FAYETTE ST SUITE 250
    CONSHOHOCKEN,PA19428     		NONE PC GENERAL SUPPORT GRANT 25,000
    HILLSDALE COLLEGE
    33 E COLLEGE ST
    HILLSDALE,MI49242     		NONE PC GENERAL SUPPORT GRANT 1,076
    HOW
    360 CYPRESS DR 4
    JUPITER,FL33469     		NONE PC GENERAL SUPPORT GRANT 3,250
    ISRAEL TENNIS CENTERS
    57 W 38TH ST STE 605
    NEW YORK,NY10018     		NONE PC GENERAL SUPPORT GRANT 2,500
    JAZZ AT LINCOLN CENTER
    10 COLUMBUS CIR
    NEW YORK,NY10023     		NONE PC GENERAL SUPPORT GRANT 5,000
    JEWISH FEDERATION OF PALM BEACH COUNTY
    4601 COMMUNITY DR
    WEST PALM BEACH,FL33417     		NONE PC GENERAL SUPPORT GRANT 65,000
    MEALS ON WHEELS OF THE PALM BEACHES
    1300 S OLIVE AVE STE 210
    WEST PALM BEACH,FL33401     		NONE PC GENERAL SUPPORT GRANT 1,500
    KRAVIS CENTER
    701 OKEECHOBEE BLVD
    WEST PALM BEACH,FL33401     		NONE PC GENERAL SUPPORT GRANT 302,500
    LINCOLN CENTER FOR THE PERFORMING ARTS
    10 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		NONE PC GENERAL SUPPORT GRANT 35,000
    MEMORIAL SLOAN KETTERING
    136 MOUNTAINVIEW BLVD
    BASKING RIDGE,NJ07920     		NONE PC GENERAL SUPPORT GRANT 1,500
    METROPOLITAN MUSEUM OF ART
    1000 5TH AVE
    NEW YORK,NY10028     		NONE PC GENERAL SUPPORT GRANT 210
    MIAMI CANCER INSTITUTE
    8900 N KENDALL DR
    MIAMI,FL33176     		NONE PC GENERAL SUPPORT GRANT 5,395
    MIDDLE EAST FORUM
    1650 MARKET ST SUITE 3600
    PHILADELPHIA,PA19103     		NONE PC GENERAL SUPPORT GRANT 1,000
    MORSE LIFE FOUNDATION
    4920 LORING DR
    WEST PALM BEACH,FL33417     		NONE PC GENERAL SUPPORT GRANT 15,000
    MOVING TRADITIONS
    8380 OLD YORK ROAD SUITE 4300
    ELKINS PARK,PA19027     		NONE PC GENERAL SUPPORT GRANT 5,400
    MULTIPLE MYELOMA RESEARCH FOUNDATION
    383 MAIN AVE 5TH FL
    NORWALK,CT68510     		NONE PC GENERAL SUPPORT GRANT 3,000
    MUSEUM OF MODERN ART
    11 W 53RD ST
    NEW YORK,NY10019     		NONE PC GENERAL SUPPORT GRANT 4,000
    NANTUCKET BOYS & GIRLS CLUB
    61 SPARKS AVE
    NANTUCKET,MA02554     		NONE PC GENERAL SUPPORT GRANT 7,500
    NATIONAL LIBERTY MUSEUM
    321 CHESTNUT ST
    PHILADELPHIA,PA19106     		NONE PC GENERAL SUPPORT GRANT 3,000
    NATIONAL MUSEUM OF AM JEWISH HISTORY
    101 S INDEPENDENCE MALL E
    PHILADELPHIA,PA19106     		NONE PC GENERAL SUPPORT GRANT 38,600
    NORTON MUSEUM OF ART
    1451 S OLIVE AVE
    WEST PALM BEACH,FL33401     		NONE PC GENERAL SUPPORT GRANT 295,000
    PALM BEACH CIVIC ASSOCIATION
    139 N COUNTY RD 33
    PALM BEACH,FL33480     		NONE PC GENERAL SUPPORT GRANT 250
    PALM BEACH COUNTRY CLUB FOUNDATION
    760 N OCEAN BLVD
    PALM BEACH,FL33480     		NONE PC GENERAL SUPPORT GRANT 1,000
    PALM BEACH POLICE FOUNDATION
    139 N COUNTY RD
    PALM BEACH,FL33480     		NONE PC GENERAL SUPPORT GRANT 27,500
    PALM BEACH SYNAGOGUE
    120 N COUNTY ROAD
    PALM BEACH,FL33480     		NONE PC GENERAL SUPPORT GRANT 10,000
    PATRONS OF THE ARTS IN VATICAN MUSEUMS
    1011 1ST AVE
    NEW YORK,NY10022     		NONE PC GENERAL SUPPORT GRANT 15,000
    PHILADELPHIA MUSEUM OF ART
    2600 BENJAMIN FRANKLIN PWY
    PHILADELPHIA,PA19130     		NONE PC GENERAL SUPPORT GRANT 1,165,000
    PHILLY YOUTH BASKETBALL
    1735 MARKET ST
    PHILADELPHIA,PA19103     		NONE PC GENERAL SUPPORT GRANT 25,000
    PROMISE FUND OF FLORIDA
    340 ROYAL PONCIANA WAY
    PALM BEACH,FL33480     		NONE PC GENERAL SUPPORT GRANT 7,500
    RIVERDALE COUNTY SCHOOL
    5250 FIELDSTON RD
    BRONX,NY10471     		NONE PC GENERAL SUPPORT GRANT 10,000
    STEPHEN WISE FREE SYNAGOGUE
    30 W 68TH ST
    NEW YORK,NY10023     		NONE PC GENERAL SUPPORT GRANT 5,400
    SUNRISE DAY CAMP
    15 NEIL COURT
    OCEANSIDE,NY11572     		NONE PC GENERAL SUPPORT GRANT 6,000
    TURNING POINT USA
    4940 EAST BEVERLY ROAD
    PHOENIX,AZ85044     		NONE PC GENERAL SUPPORT GRANT 10,000
    THE BARNES FOUNDATION
    2025 BENJAMIN FRANKLIN PKWY
    PHILADELPHIA,PA19130     		NONE PC GENERAL SUPPORT GRANT 35,000
    THE FRICK COLLECTION
    1 E 70TH ST
    NEW YORK,NY10021     		NONE PC GENERAL SUPPORT GRANT 850
    THE JEWISH MUSEUM
    101 S INDEPENDENCE MALL E
    PHILADELPHIA,PA19106     		NONE PC GENERAL SUPPORT GRANT 2,500
    THE JERUSALEM FOUNDATION
    420 LEXINGTON AVENUE SUITE 1645
    NEW YORK,NY10170     		NONE PC GENERAL SUPPORT GRANT 25,000
    THE SOCIETY OF THE FOUR ARTS
    2 4 ARTS PLAZA
    PALM BEACH,FL33480     		NONE PC GENERAL SUPPORT GRANT 25,000
    UNIVERSITY OF PENNSYLVANIA
    3451 WALNUT STREET
    PHILADELPHIA,PA19104     		NONE PC GENERAL SUPPORT GRANT 8,000
    UJA FEDERATION OF NEW YORK
    130 E 59TH ST
    NEW YORK,NY10022     		NONE PC GENERAL SUPPORT GRANT 4,000
    UPLIFT CENTER FOR GRIEVING CHILDREN
    3300 HENRY AVE SUITE 102
    PHILADELPHIA,PA19129     		NONE PC GENERAL SUPPORT GRANT 500
    UNITED STATES HOLOCAUST MEMORIAL MUSEUM
    100 RAOUL WALLENBERG PL SW
    WASHINGTON,DC20024     		NONE PC GENERAL SUPPORT GRANT 25,000
    PROJECT MORRY
    1 GATEWAY PLAZA SUITE 1D
    PORT CHESTER,NY10573     		NONE PC GENERAL SUPPORT GRANT 1,050
    TOWN OF PALM BEACH UNITED WAY-TOCQUEVILLE SOCIETY
    44 COCOANUT ROW M201
    PALM BEACH,FL33480     		NONE PC GENERAL SUPPORT GRANT 25,000
    Total .................................bullet 3a 2,603,560
    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.....     16 12,233  
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		900001 90,788 18 11,506,663  
    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) .. 90,811 12,163,823 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    12,254,634
    (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:
    THE BRUCE E AND ROBBI S TOLL FOUNDATION
     
    FOUNDATION
    EIN:
    23-2667935
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 13,697 0   13,697

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE BRUCE E AND ROBBI S TOLL FOUNDATION
     
    FOUNDATION
    EIN:
    23-2667935
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MORGANSTANLEY 49,059 49,439
    GOLDMANSACHSGROUPINC 37,493 39,137
    JPMORGANCHASE&CO 39,110 39,233
    ABBVIEINC 18,301 19,423
    CITIGROUPINC 39,294 39,470
    GILEADSCIENCESINC 21,036 20,914
    DOWDUPONTINC 38,140 40,188
    WELLSFARGO&COMPANY 26,442 26,222
    FISERVINC 23,243 23,794
    ORACLECORP 22,665 23,004
    BATCAPITALCORP 19,136 19,751
    MORGANSTANLEY 39,936 39,412
    ABBVIEINC 29,376 29,061
    VERIZONCOMMUNICATIONS 20,490 20,219
    CITIGROUPINC 25,098 24,808
    COMCASTCORP 21,200 20,752
    COMCASTCORP 18,933 18,568
    AT&TINC 25,016 24,884
    AMAZON.COMINC 39,827 39,629
    VMWAREINC 41,827 41,301
    ISHARES RUSSELL 1000 712,709 1,310,676
    ISHARES RUSSELL 1000 907,403 1,200,364
    ISHARESRS 2000 GROWTH 322,899 481,188
    ISHARES 415,694 569,718
    ISHARES S&P 100 482,551 1,301,194
    VANGUARD VALUE ETF 862,078 1,218,953
    VANGUARD FTSE EMERGING 416,823 490,742
    VANGUARD DIVIDEND 1,010,041 1,903,677
    VANGUARDFTSEDEVELOPED 1,769,348 2,192,516

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE BRUCE E AND ROBBI S TOLL FOUNDATION
     
    FOUNDATION
    EIN:
    23-2667935
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BARON USA PARTNERS LTD 3,300,000 3,300,000
    INVESTMENT IN AMCP AIV 2,116,897 774,072
    10000 SHARES OF CORSAIR GAMING INC 335,999 210,100
    20000 SHARES OF ORACLE CORP 1,683,531 1,744,200
    5000 SHARES OF PININTEREST 380,949 181,750
    10000 SHARES OF TWITTER INC 704,688 432,200
    3000 SHARES OF VERANO HOLDINGS CORP 563,043 377,400
    5000 SHARES OF VIACOMBS INC 231,950 150,900
    25000 SHARES OF CISCO SYSTEMS INC 1,215,685 1,584,250
    10000 SHARES OF CORSAIR GAMING INC 327,546 210,100
    30000 SHARES OF CRITEO S A 418,131 1,166,100
    100000 SHARES OF INTERLINK ELECTRONICS INC 900,000 968,500
    10000 SHARES OF MAGNITE INC 491,850 175,000
    20000 SHARES OF MARVELL TECH INC 470,663 1,749,800
    3000 SHARES OF PRUDENTIAL FINANCIAL INC 2,554,670 3,247,200
    20000 SHARES OF TWITTER INC 610,796 864,400
    47400 SHARES OF VIACOMBS INC 1,994,537 1,430,532
    ABBOTTLABS 167,114 290,628
    ALPHABETINC 403,599 857,524
    AMAZONCOM 548,167 883,600
    ANTHEMINC 97,530 158,994
    APPLEINC 364,661 1,078,738
    BLACKROCKINC 166,538 330,517
    CAPITALONE 184,056 221,552
    CARRIERGLOBAL 212,761 255,579
    CHEVRONCORP 170,946 235,404
    CISCOSYSTEMS 222,032 287,636
    CITIGROUPINC 311,047 284,558
    CONOCOPHILLIPSCOP 268,502 319,469
    COSTCOWHOLESALE 231,912 414,421
    DANAHERCORP 306,806 531,022
    DISNEY(WALT) 261,611 308,541
    EQUITYRESIDENTIAL 230,027 279,736
    EXPEDIAGROUP 152,282 156,865
    FORDMOTOR 135,838 206,225
    GARMINLTD 123,328 130,451
    HILTONWORLDWIDE 94,506 159,734
    HOMEDEPOT 165,014 363,964
    HONEYWELLINTL 240,452 358,637
    INTLPAPER 116,996 91,329
    JPMORGANCHASE 271,804 353,279
    L3HARRISTECHNOLOGIES 328,602 308,772
    MARVELLTECH 382,580 672,973
    MICROCHIPTECHNOLOGY 131,513 246,554
    MICROSOFTCORP 490,197 1,215,124
    NEXTERAENERGY 152,744 311,542
    PARKERHANNIFIN 289,814 319,392
    PROLOGISINC 164,097 357,597
    SHERWINWILLIAMS 318,382 384,911
    THERMOFISHER 110,741 265,562
    TRUISTFINL 205,444 245,617
    UNIONPACIFIC 170,264 241,853
    VISAINC 271,154 381,843
    WALMARTINC 234,724 320,344
    ZOETISINC 210,894 443,647

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    THE BRUCE E AND ROBBI S TOLL FOUNDATION
     
    FOUNDATION
    EIN:
    23-2667935
    US Government Securities - End of Year Book Value:

    1,409,273
    US Government Securities - End of Year Fair Market Value:

    1,412,849
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE BRUCE E AND ROBBI S TOLL FOUNDATION
     
    FOUNDATION
    EIN:
    23-2667935
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    A&M CAPITAL OPPORTUNITIES FUND, LP AT COST 130,101 130,101
    SILVERPEAK LEGACY PENSION PARTNERS III LP AT COST 554,666 593,957
    SILVERPEAK LEGACY FUND LP FKA AT COST 15,604 2,669
    SILVERPEAK LEGACY FUND II LP F AT COST 2,752 312
    SILAS CAPITAL XVI LLC AT COST 941,975 962,412
    RIVER OAK REALTY FUND IV, LLC AT COST 54,312 45,444
    RC GLOBAL ENERGY AND POWER AT COST 219,418 215,623
    NB REAL ESTATE SECONDARY OPPORTUNITIES FUND LP AT COST 893,024 890,637
    MONARCH CAPITAL PARTNERS III LP AT COST 413,024 449,360
    TRILANTIC CAPITAL PARTNERS VI FUND LP AT COST 1,187,327 1,177,253
    BROOK VENTURE FUND II, L.P. AT COST 583 0
    BLACKSTONE REAL ESTATE PARTNERS AT COST 208,908 174,147
    BEACON CAPITAL STRATEGIC PARTNERS 8 LP AT COST 624,232 624,232
    AMCO SFD AIV LP AT COST 172,087 171,950
    AMCO PLASTICS AIV, LP AT COST 85,806 81,475
    AMCO OPTICS AIV LP AT COST 19,748 17,805
    AMCO CLASSIC AIV LP AT COST 154,087 153,669
    A&M CAPITAL PARTNERS LP AT COST 34,497 34,497
    AMCP CLOUD AGGREGATOR LLC AT COST 7,257 7,257
    AMCO CAR WASH AIV LP AT COST 181,911 181,908
    TCP VI SOLAR AIV LP AT COST 18,437 18,437

    TY 2021 OtherAssetsSchedule
    Name:
    THE BRUCE E AND ROBBI S TOLL FOUNDATION
     
    FOUNDATION
    EIN:
    23-2667935
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    K-1 DISRIB / DIVIDENDS RECEIVABLE -467,355 -485,502 -485,502
    AMCO CRASH AIV LP -248,116 -238,618 -238,799
    AMCO IHB AIV, LP -17,572 -6,886 40,989
    FSMP II TRUST -40,141 -40,141 -40,141


    TY 2021 OtherExpensesSchedule
    Name:
    THE BRUCE E AND ROBBI S TOLL FOUNDATION
     
    FOUNDATION
    EIN:
    23-2667935
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK SERVICE FEES 315 315   0
    MANAGEMENT/INVESTMENT FEES FROM BROKERAGE 235,485 235,485   0
    DEDUCTIONS FROM K-1S 516,984 447,784   0


    TY 2021 OtherIncomeSchedule2
    Name:
    THE BRUCE E AND ROBBI S TOLL FOUNDATION
     
    FOUNDATION
    EIN:
    23-2667935
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ORDINARY INCOME FROM K-1S -30,836 -30,836 -30,836
    OTHER INCOME FROM K-1S 46,218 46,218 46,218
    ROYALTY INCOME FROM K-1S 17 17 17
    UNRELATED BUSINESS TAXABLE INCOME FROM K-1S - ORDINARY INCOME -96,986 0 -96,986
    UNRELATED BUSINESS TAXABLE INCOME FROM K-1S - OTHER INCOME -1,310 0 -1,310
    NON-TAXABLE INCOME FROM K-1S 31,101 0 31,101
    SUBPART F INCOME FROM BARON FUNDS 673,764 673,764 673,764


    TY 2021 OtherIncreasesSchedule
    Name:
    THE BRUCE E AND ROBBI S TOLL FOUNDATION
     
    FOUNDATION
    EIN:
    23-2667935
    Description Amount
    K-1 BOOK TO TAX DIFFERENCES / UNREALIZED GAIN (LOSSES) 2,004,392


    TY 2021 OtherLiabilitiesSchedule
    Name:
    THE BRUCE E AND ROBBI S TOLL FOUNDATION
     
    FOUNDATION
    EIN:
    23-2667935
    Description Beginning of Year - Book Value End of Year - Book Value
    CREDIT CARD PAYABLE 33,500 40,750


    TY 2021 TaxesSchedule
    Name:
    THE BRUCE E AND ROBBI S TOLL FOUNDATION
     
    FOUNDATION
    EIN:
    23-2667935
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES FROM BROKERAGE 5,733 5,733   0
    FOREIGN TAXES FROM K-1S 4,682 4,682   0
    FEDERAL TAXES 16,735 0   0