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. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 07-01-2020 , and ending 06-30-2021
Name of foundation
BAINUM FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)7735 OLD GEORGETOWN ROAD NO 1000
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BETHESDA, MD20814
A Employer identification number

23-7000192
B Telephone number (see instructions)

(240) 450-0000
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$810,308,479J 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) 1,202,500
2 Check bullet.............
3 Interest on savings and temporary cash investments 11,138 11,138 11,138
4 Dividends and interest from securities... 7,688,541 7,688,541 7,688,541
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 50,144,207
b Gross sales price for all assets on line 6a 164,726,566
7 Capital gain net income (from Part IV, line 2)... 50,118,820
8 Net short-term capital gain......... 24,315,203
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 1,906,670 1,801,308 1,801,308
12 Total. Add lines 1 through 11........ 60,953,056 59,619,807 33,816,190
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 664,493 0 0 664,493
14 Other employee salaries and wages...... 4,156,723 109,979 109,979 3,963,234
15 Pension plans, employee benefits....... 1,108,145 47,134 47,134 1,075,281
16a Legal fees (attach schedule)......... Click to see attachment 64,528 0 0 64,528
b Accounting fees (attach schedule)....... Click to see attachment 203,007 10,152 10,152 183,030
c Other professional fees (attach schedule).... Click to see attachment 24,181,822 5,292,578 5,292,578 16,739,405
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,435,014 178,896 0 1,000,000
19 Depreciation (attach schedule) and depletion... 268,621 0 0
20 Occupancy.............. 465,292 0 0 447,972
21 Travel, conferences, and meetings....... 99,283 0 0 93,979
22 Printing and publications.......... 4,713 0 0 4,713
23 Other expenses (attach schedule)....... Click to see attachment 818,099 1,307 1,307 829,708
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 35,469,740 5,640,046 5,461,150 25,066,343
25 Contributions, gifts, grants paid....... 3,884,702 3,884,927
26 Total expenses and disbursements. Add lines 24 and 25 39,354,442 5,640,046 5,461,150 28,951,270
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 21,598,614
b Net investment income (if negative, enter -0-) 53,979,761
c Adjusted net income (if negative, enter -0-)... 28,355,040
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 2,843,547 1,697,871 1,697,871
2 Savings and temporary cash investments......... 22,074,232 1,110,853 1,110,853
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)..... 42,009,969 Click to see attachment42,009,969 42,009,969
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.......... 1,363,682 753,763 753,763
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 107,780,378 Click to see attachment88,352,730 88,352,730
c Investments—corporate bonds (attach schedule)....... 34,483,503 Click to see attachment24,666,031 24,666,031
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 401,122,253 Click to see attachment633,021,798 633,021,798
14 Land, buildings, and equipment: basis bullet7,824,186
Less: accumulated depreciation (attach schedule) bullet1,957,972 5,980,920 Click to see attachment5,866,214 5,866,214
15 Other assets (describe bullet) Click to see attachment3,085,803 Click to see attachment12,829,250 Click to see attachment12,829,250
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 620,744,287 810,308,479 810,308,479
Liabilities 17 Accounts payable and accrued expenses.......... 2,009,808 1,659,302
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 attachment2,732,427 Click to see attachment6,593,857
23 Total liabilities (add lines 17 through 22)......... 4,742,235 8,253,159
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........... 209,627,942 279,030,753
25 Net assets with donor restrictions............ 406,374,110 523,024,567
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)..... 616,002,052 802,055,320
30 Total liabilities and net assets/fund balances (see instructions). 620,744,287 810,308,479
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
616,002,052
2
Enter amount from Part I, line 27a .....................
2
21,598,614
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
164,454,654
4
Add lines 1, 2, and 3 ..........................
4
802,055,320
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
802,055,320
Form 990-PF (2020)
Form 990-PF (2020)
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 ISHARES CORE AGGREGATE BOND      
b CURRENCY EXCHANGE      
c COGNEX CORP      
d DELIVERY HERO      
e EDITAS MEDICINE INC      
FIVERR INTL LTD      
ILLUMINA      
IMPINJ INC.COM      
MOODY'S CORP      
NIKE INC CL B      
SPLUNK INC.      
ADJUVANT GLOBAL HEALTH TECHNOLOGY P    
ATALAYA INCOME FND III P    
CARLYLE PARTNERS VII P    
WELLINGTON EMERGING MARKETS P    
CLAYTON, DUBILIER & RICE FND X P    
IPI DC PARTNERS FUND I-A P    
DOUBLELINE BOND FUND P    
GMO QUALITY FD III P    
VG TOTAL BOND - ADMIRAL P    
VG DEVELOPED MARKETS P    
VG INTL EQUITY FUND - ADMIRAL P    
VG SCOTTSDALE INTERM TREAS - ADMIRAL P    
VG WORLD MEGA CAP 300 GROWTH P    
OWL VENTURES III LP P    
PAINE SCHWARTZ FOOD CHAIN FUND V LP P    
SILVER LAKE PARTNERS V, LP P    
TURNER-AGASSI CHARTER SCHOOL FACILITIES FUND II LP P    
VISTA EQUITY PARTNERS FUND VI P    
VISTA EQUITY PARTNERS FUND VII P    
VISTA FDN FUND III P    
PARTNERSHIP INVESTMENT K-1 ST P    
PARTNERSHIP INVESTMENT K-1 LT      
ADR NOVARTIS AG      
ADR UNILEVER PLC      
ALPHABET INC.      
APPLE INC.      
CITIGROUP INC.      
CME GROUP INC COM STK      
COGNEX CORP      
CRYOPORT INC.      
CVS HEALTHCORE      
DAIFUKU CO LTD NPV      
DELIVERY HERO      
EDITAS MEDICINE INC      
FLIR SYS INC      
GOLDMAN SACHS GROUP      
HORIZON DISCOVERY ORD GBPO      
IMPINJ INC.COM      
INTELLIA THERAPEUTICS INC.      
INTUITIVE SURGICAL INC.      
ISHARES CORE AGGREGATE BOND      
MSCI INC COMMON      
NIKE INC. CL B      
NVIDIA CORP      
TERRENO REALTY CORP      
CF FINANCIAL OPORTUNITY FUND P    
COATUE XXI P    
DOUBLELINE BOND FUND P    
GMO QUALITY FD III P    
VG TOTAL BOND - ADMIRAL P    
VG DEVELOPED MARKETS P    
VG INFLATION PROTECTED ADMIRAL P    
WELLINGTON EMERGING MARKETS P    
PARTNERSHIP INVESTMENT K-1 UBI ST P    
PARTNERSHIP INVESTMENT K-1 UBI LT 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 111,802   107,563 4,239
b 118,629   115,587 3,042
c 31,138   17,537 13,601
d 23,323   9,416 13,907
e 61,908   22,252 39,656
148,398   53,854 94,544
40,669   27,659 13,010
289,732   158,704 131,028
146,102   155,242 -9,140
41,961   29,405 12,556
44,478   30,975 13,503
131,302     131,302
    5,251 -5,251
37,176     37,176
91,413   79,466 11,947
6,986     6,986
1,079     1,079
1,100,131   1,097,284 2,847
6,383,280   5,307,554 1,075,726
547,818   549,793 -1,975
858,860   760,134 98,726
14,918,170   15,017,596 -99,426
15,070,615   15,073,920 -3,305
37,597,610   23,163,231 14,434,379
331,609     331,609
1,314     1,314
240,252     240,252
302,092     302,092
1,870,654     1,870,654
468     468
2,512,866     2,512,866
3,035,791     3,035,791
9,166,184     9,166,184
27,573   23,909 3,664
113,156   113,438 -282
98,210   50,922 47,288
57,630   9,253 48,377
114,022   123,114 -9,092
110,887   101,845 9,042
49,987   29,841 20,146
107,676   35,046 72,630
48,394   63,317 -14,923
53,903   8,105 45,798
219,968   80,357 139,611
241,159   89,894 151,265
169,575   142,379 27,196
97,267   72,768 24,499
99,381   92,628 6,753
28,159   5,944 22,215
166,016   50,813 115,203
124,391   68,598 55,793
18,428   16,655 1,773
99,230   36,059 63,171
67,723   31,580 36,143
81,122   10,590 70,532
3     3
7,000,000   4,663,060 2,336,940
    41,028 -41,028
18,518,104   18,617,704 -99,600
16,953,560   11,102,127 5,851,433
3,186     3,186
15,661,832   11,653,232 4,008,600
311     311
9,106,516   5,465,730 3,640,786
19,549   19,549 0
5,838   5,838 0
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       4,239
b       3,042
c       13,601
d       13,907
e       39,656
      94,544
      13,010
      131,028
      -9,140
      12,556
      13,503
      131,302
      -5,251
      37,176
      11,947
      6,986
      1,079
      2,847
      1,075,726
      -1,975
      98,726
      -99,426
      -3,305
      14,434,379
      331,609
      1,314
      240,252
      302,092
      1,870,654
      468
      2,512,866
      3,035,791
      9,166,184
      3,664
      -282
      47,288
      48,377
      -9,092
      9,042
      20,146
      72,630
      -14,923
      45,798
      139,611
      151,265
      27,196
      24,499
      6,753
      22,215
      115,203
      55,793
      1,773
      63,171
      36,143
      70,532
      3
      2,336,940
      -41,028
      -99,600
      5,851,433
      3,186
      4,008,600
      311
      3,640,786
      0
      0
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 50,118,820
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 24,315,203
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
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 Reserved................................ 1 750,319
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% 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........................... 3 750,319
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- ..... 5 750,319
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 834,032
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 834,032
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 83,713
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet83,713 RefundedBullet 11 0
Part VII-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 XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDC, MD, VA
    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 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    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 (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-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 addressbulletWWW.BAINUMFDN.ORG
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (240) 450-0000

    Located atbullet7735 OLD GEORGETOWN ROAD STE 1000BETHESDAMD ZIP+4bullet20814
    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 2020, 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? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletCJ, CA, VQ, BD
    Part VII-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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?...............
    (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.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    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 2020?.............
    1c
     
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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?......................
    b
    If "Yes," did it have excess business holdings in 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-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))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    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
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    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?
    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? .................
    Part VIII
    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 BAINUM CHAIR
    3.00     		0 0 0
    7735 OLD GEORGETOWN ROAD
    BETHESDA,MD20814
    DAVID DANIELS CEO
    40.00     		492,221 85,858 0
    7735 OLD GEORGETOWN ROAD
    BETHESDA,MD20814
    MAE CHEUNG SECRETARY
    40.00     		172,272 20,991 0
    7735 OLD GEORGETOWN ROAD
    BETHESDA,MD20814
    ALEXANDER FROOM DIRECTOR
    1.00     		0 0 0
    7735 OLD GEORGETOWN ROAD
    BETHESDA,MD20814
    CHARLES LEDSINGER DIRECTOR
    1.00     		0 0 0
    7735 OLD GEORGETOWN ROAD
    BETHESDA,MD20814
    SCOTT RENSCHLER DIRECTOR
    1.00     		0 0 0
    7735 OLD GEORGETOWN ROAD
    BETHESDA,MD20814
    KENNY EMSON DIRECTOR
    1.00     		0 0 0
    7735 OLD GEORGETOWN ROAD
    BETHESDA,MD20814
    TAMMY MANN DIRECTOR
    1.00     		0 0 0
    7735 OLD GEORGETOWN ROAD
    BETHESDA,MD20814
    ROBERTO RODRIGUEZ DIRECTOR (LEFT NOV. 2021)
    1.00     		0 0 0
    7735 OLD GEORGETOWN ROAD
    BETHESDA,MD20814
    BROOKE BAINUM DIRECTOR
    1.00     		0 0 0
    7735 OLD GEORGETOWN ROAD
    BETHESDA,MD20814
    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
    BRENDA HENRY VICE PRESIDENT OF PR
    40.00     		245,512 37,579 0
    7735 OLD GEORGETOWN ROAD
    BETHESDA,MD20814
    CLARA NORTHINGTON VICE PRESIDENT OF HU
    40.00     		214,486 52,094 0
    7735 OLD GEORGETOWN ROAD
    BETHESDA,MD20814
    ANGELA DEEDS SR. DIR. OF FINANCE
    40.00     		205,291 28,408 0
    7735 OLD GEORGETOWN ROAD
    BETHESDA,MD20814
    LEILA OTIS VICE PRESIDENT OF OP
    40.00     		196,698 17,596 0
    7735 OLD GEORGETOWN ROAD
    BETHESDA,MD20814
    REBECCA CISEK SR. DIR. OF TALENT A
    40.00     		203,555 5,917 0
    7735 OLD GEORGETOWN ROAD
    BETHESDA,MD20814
    Total number of other employees paid over $50,000...................bullet 30
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    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
    REINVESTMENT FUND PROGRAMMATIC CONSULTING 1,132,931
    1700 MARKET STREET SUITE 1900
    PHILADELPHIA,PA19103
    THE ROCK CREEK GROUP INVESTMENT CONSULTING 715,430
    1133 CONNETICUT AVENUE NW SUITE 810
    WASHINGTON,DC20036
    GEORGE WASHINGTON UNIVERSITY PROGRAMMATIC CONSULTING 694,386
    GCAS PO BOX 829896
    PHILADELPHIA,PA19182
    GUIDEHOUSE LLC PROGRAMMATIC CONSULTING 614,538
    1800 TYSONS BLVD SUITE 700
    MCLEAN,VA22102
    TIDES CENTER PROGRAMMATIC CONSULTING 269,308
    1012 TORNEY STREET
    SAN FRANCISCO,CA94124
    Total number of others receiving over $50,000 for professional services.............bullet16
    Part IX-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 DC EARLY LEARNING INITIATIVE- D.C. WARDS 7 AND 8 INITIATIVE EARLY LEARNING:BECAUSE THE FIRST FEW YEARS OF LIFE ARE CRITICALLY IMPORTANT AND CAN AFFECT LEARNING, BEHAVIOR AND HEALTH OVER AN ENTIRE LIFETIME, WE SUPPORT CHILDREN'S HEALTHY DEVELOPMENT AND LEARNING FROM BIRTH TO AGE 3.UNDER OUR CURRENT STRATEGIC PLAN, WE HAVE FOCUSED ON INCREASING THE NUMBER OF HIGH-QUALITY EARLY LEARNING SEATS FOR INFANTS AND TODDLERS. HIGH-QUALITY EARLY LEARNING PROGRAMS ARE DESIGNED TO COMPREHENSIVELY SUPPORT A CHILD'S SOCIAL, EMOTIONAL, PHYSICAL AND COGNITIVE DEVELOPMENT, WHILE ALSO ENCOURAGING AND SUPPORTING FAMILY ENGAGEMENT. SCHOOL MENTAL HEALTH: WORKING WITH A RANGE OF PARTNERS NATIONALLY AND LOCALLY, THE FOUNDATION HAS RESEARCHED, IMPLEMENTED AND SHARED SUSTAINABLE BEST PRACTICES TO BUILD THE CAPACITY FOR SCHOOLS TO ESTABLISH COMPREHENSIVE ,HIGH-QUALITY SCHOOL MENTAL HEALTH SYSTEMS TO SUPPORT BOTH STUDENTS AND FAMILIES. 10,794,330
    2 SEVENTH-DAY ADVENTIST INITIATIVE- TO HONOR OUR FOUNDERS' COMMITMENT TO FAITH-BASED EDUCATION, THE FOUNDATION'S SEVENTH-DAY ADVENTIST (SDA) INITIATIVE WORKS TO SUPPORT ADVENTIST SCHOOLS, CHURCHES, HOSPITALS AND OTHER ORGANIZATIONS IN CREATING ENVIRONMENTS WHERE ALL CHILDREN AND FAMILIES HAVE EQUITABLE OPPORTUNITIES AND RESOURCES TO THRIVE. 5,149,019
    3 FOOD SECURITY INITIATIVE AND FARM- OUR FOOD SECURITY INITIATIVE IN COLLABORATION WITH THE BAINUM FOUNDATION FARM, LLC WORKS WITH A RANGE OF PARTNERS TO CREATE A HEALTHIER, MORE EQUITABLE AND MORE ECOLOGICALLY SOUND FOOD SYSTEM IN THE D.C. REGION - ONE THAT NOURISHES CHILDREN, FAMILIES AND COMMUNITIES. 1,576,964
    4 FAMILY PHILANTHROPY INITIATIVE- OUR FOUNDERS, STEWART BAINUM SR. AND JANE BAINUM, WERE VERY INTENTIONAL ABOUT PASSING ALONG THEIR COMMITMENT TO SUPPORTING THE COMMUNITY. THE FOUNDATION'S FAMILY PHILANTHROPY INITIATIVE ENSURES THAT SUBSEQUENT GENERATIONS OF THE BAINUM FAMILY FIND THEIR UNIQUE PLACE IN ADVANCING THE LEGACY OF OUR FOUNDERS AND HELPING OTHERS. 3,083,436
    Part IX-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 (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    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
    198,298,090
    b
    Average of monthly cash balances.......................
    1b
    3,535,019
    c
    Fair market value of all other assets (see instructions)................
    1c
    468,807,952
    d
    Total (add lines 1a, b, and c).........................
    1d
    670,641,061
    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
    670,641,061
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    10,059,616
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    660,581,445
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    33,029,072
    Part XI
    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 X, line 6....................
    1
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    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
    28,951,270
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    22,542
    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 V, line 8, and Part XIII, line 4
    4
    28,973,812
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    28,973,812
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
    28,355,040 4,207,243 14,980,922 9,564,082 57,107,287
    b 85% of line 2a ......... 24,101,784 3,576,157 12,733,784 8,129,470 48,541,194
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		28,973,812 30,704,777 25,124,850 22,342,574 107,146,013
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		3,884,927 3,801,701 1,486,665 1,923,218 11,096,511
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		25,088,885 26,903,076 23,638,185 20,419,356 96,049,502
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		22,019,381 20,212,624 19,406,073 19,007,175 80,645,253
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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 (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    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
    AGA KHAN FOUNDATION
    1825 K STREET NW STREET 901
    WASHINGTON,DC20006     		  PUBLIC CHARITY RESPONSIVE CARE AND EARLY LEARNING 149,414
    AMERICAN ACADEMY OF PEDIATRICS
    345 PARK BOULEVARD
    ITASCA,IL60143     		  PUBLIC CHARITY THRIVE COALITION 100,000
    AMERICAN CIVIL LIBERTIES UNION
    125 BROAD STREET 18TH FLOOR
    NEW YORK,NY10004     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 120
    BISHOP DENIS J O'CONNELL HIGH SCHOOL
    23151 CAMINO ALTAZANO
    SANTA MARGARITA,CA92688     		  PUBLIC CHARITY GENERAL SUPPORT 195
    BLACK GIRLS CODE
    PO BOX 640926
    SAN FRANCISCO,CA94164     		  PUBLIC CHARITY BLACK GIRLS CODE DC CHAPTER 30,000
    BLACK LIVES MATTER GLOBAL NETWORK
    19197 GOLDEN VALLEY ROAD SUITE 313
    CANYON COUNTRY,CA91387     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 25
    BVM CAPACITY INSTITUTE
    3645 MARKETPLACE BOULEVARD SUITE
    130-209
    EAST POINT,GA30344     		  PUBLIC CHARITY GENERAL SUPPORT 25
    CAF AMERICA
    225 REINEKERS LANE SUITE 375
    ALEXANDRIA,GA30344     		  PUBLIC CHARITY PRIORITIZING THE YOUNG CHILD PROGRAM 125,000
    CAF AMERICA
    225 REINEKERS LANE SUITE 375
    ALEXANDRIA,VA22314     		  PUBLIC CHARITY COVID 19 EMERGENCY SUPPORT FOR MOBILE CRECHES 100,000
    CANAL ALLIANCE
    91 LARKSPUR STREET
    SAN RAFAEL,CA94901     		  PUBLIC CHARITY COVID EMERGENCY RESPONSE 25,000
    CENTER FOR RACIAL JUSTICE IN EDUCATION INC
    95 MORTON STREET 7TH FLOOR
    NEW YORK,NY10014     		  PUBLIC CHARITY GENERAL OPPERATING SUPPORT 100
    CENTER FOR RACIAL JUSTICE IN EDUCATION INC
    95 MORTON STREET 7TH FLOOR
    NEW YORK,NY10014     		  PUBLIC CHARITY GENERAL OPPERATING SUPPORT 100
    COMMUNITY RESOURCES FOR CHILDREN
    3299 CLAREMONT WAY SUITE 1
    NAPA,CA94558     		  PUBLIC CHARITY EARLY LEARNING AT HOME 38,000
    COMPASS FAMILY SERVICES
    37 GROVE STREET
    SAN FRANCISCO,CA94102     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT - COMPREHENSIVE SERVICES FOR HOMELESS FAMILIES 50,000
    COVENANT HOUSE
    3212 WESSYNTON WAY
    MOUNT VERNON,VA22309     		  PUBLIC CHARITY GENERAL SUPPORT 50
    DC EARLY LEARNING COLLABORATIVE
    2405 MARTIN LUTHER KING AVENUE SE
    WASHINGTON,DC20020     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 25,000
    DEVELOPING COMMUNITIES INCORPORATED
    1156 MAIN STREET
    HELENA,CA94574     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 12,000
    DOWNTOWN WOMEN'S CENTER
    442 S SAN PEDRO ST
    LOS ANGELES,CA90013     		  PUBLIC CHARITY COVID RELIEF 8,000
    EAST BAY COMMUNNITY FOUNDATION
    DE DOMENICO BUILDING 200 FRANK H
    OGAWA PLAZA
    OAKLAND,CA94612     		  PUBLIC CHARITY COVID RELIEF 5,000
    ECHOING GREEN
    462 SEVENTH AVENUE 13TH FLOOR
    NEW YORK,NY10018     		  PUBLIC CHARITY COVID RELIEF 15,000
    ECHOING GREEN
    462 SEVENTH AVENUE 13TH FLOOR
    NEW YORK,NY10018     		  PUBLIC CHARITY COVID RELIEF 7,500
    EL NIDO FAMILY CENTERS
    440 SHATTO PLACE SUITE 417
    LOS ANGELES,CA90020     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    FAMILY CHILD CARE ALLIANCE OF MD INC
    17912 DANUBE LANE
    OLNEY,MD20832     		  PUBLIC CHARITY PILOT ADMINISTRATION 220,000
    FEEDING AMERICA
    125 BROAD ST 18TH FLOOR
    NEW YORK,NY10004     		  PUBLIC CHARITY GENERAL SUPPORT 100
    FLORIDA KEYS HEALTHY START COALITION INC
    PO BOX 6166
    KEY WEST,FL33041     		  PUBLIC CHARITY FLORIDA KEYS HEALTHY START CORE FAMILY SUPPORT 35,000
    FOOD ON FOOT INC
    415 N CRESCENT DRIVE SUITE 330
    BEVERLY HILLS,CA90210     		  PUBLIC CHARITY COVID RESPONSE 10,000
    FOSTER & ADOPTIVE PARENT ADVOCACY CENTER
    508 KENNEDY STREET NORTHWEST ROOM
    303
    WASHINGTON,DC20011     		  PUBLIC CHARITY DEVELOP A PROGRAM THAT PROVIDES SUPPLEMENTAL EDUCATION SUPPORT (LEARNING HUBS) FOR CHILDREN IN FOSTER CARE WHO ARE EXPECTED TO ATTEND VIRTUAL SCHOOL DURING THE COVID-19 HEALTH CRISIS. 10,000
    FUSION PARTNERSHIPS INC
    2821 EMERYWOOD PARKWAY
    RICHMOND,VA23294     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 37,500
    FUSION PARTNERSHIPS INC
    2821 EMERYWOOD PARKWAY
    RICHMOND,VA23294     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 50,000
    GENERATION HOPE
    415 MICHIGAN AVENUE NORTHEAST SUITE
    430
    WASHINGTON,DC20017     		  PUBLIC CHARITY PROVIDE FAMILY SUPPORT AND EARLY LEARNING RESOURCES FOR TEEN SCHOLARS AND THEIR CHILDREN TO REDUCE LEARNING LOSS DUE TO THE COVID-19 HEALTH CRISIS. 50,000
    GEORGIA CUMBERLAND ACADEMY
    397 ACADEMY DRIVE SW
    CALHOUN,GA30701     		  PUBLIC CHARTIY SEWER SYSTEM RENOVATION 400,000
    GIVEDIRECT INC
    PO BOX 3221
    NEW YORK,NY10008     		  PUBLIC CHARITY COVID AFRICA RESPONSE FUND 25,000
    GLOBAL CAMPAIGN FOR EDUCATION-US INC
    1201 16TH STREET NW SUITE 521
    WASHINGTON,DC20036     		  PUBLIC CHARITY EARLY, INCLUSIVE EDUCATION FOR ALL 80,000
    HEALTH FEDERATION OF PHILADELPHIA
    123 S BROAD STREET
    PHILADELPHIA,PA19109     		  PUBLIC CHARITY TO SUPPORT HOME GROWNS POLICY LEADERSHIP NETWORK 50,000
    HOMELESS CHILDREN'S PLAYTIME PROJECT
    1525 NEWTON STREET NW
    WASHINGTON,DC20010     		  PUBLIC CHARITY PLAYTIME PLAYGROUND 25,000
    INNOVATIONS FOR POVERTY ACTION
    655 15TH STREET NORTHWEST SUITE 800
    WASHINGTON,DC20005     		  PUBLIC CHARITY TWO GENERATIONS FOR IMPACT 150,395
    INTERNATIONAL RESCUE COMMITTEE INC
    122 E 42ND STREET 12TH FLOOR
    NEW YORK,NY10168     		  PUBLIC CHARITY LEARNING THROUGH PLAY OPPORTUNITIES FOR REFUGEE CHILDREN 250,000
    JENESSE CENTER INC
    PO BOX 8476
    LOS ANGELES,CA90008     		  PUBLIC CHARITY COVID RELIEF 7,000
    KINDRED INC
    3169A MT PLEASANT ST NW
    WASHINGTON,DC20010     		  PUBLIC CHARITY EXPANSION OF PARENT ADVISORY COMMITTEE CURRICULUM AND ENHANCE THE SHARING RESOURCES AND TOOLS AMONG FAMILIES, ACROSS SCHOOLS. 123,096
    LIFE PIECES TO MASTERPIECES
    5600 EADS STREET NORTHEAST 4TH
    FLOOR
    WASHINGTON,DC20019     		  PUBLIC CHARITY LPTM FLOURISHING UNDER PRESSURE 25,000
    LIFT INC
    999 NORTH CAPITAL STREET NE SUITE
    310
    WASHINGTON,DC20002     		  PUBLIC CHARITY TO SUPPORT NEEDS RELATED TO COVID-19 CRISIS 95,000
    LIGHTHOUSE CENTRAL FLORIDA INC
    2500 KUNZE AVENUE
    ORLANDO,FL32806     		  PUBLIC CHARITY TO SUPPORT YOUTH SERVICES 50,000
    LINCOLN CHILD CENTER
    1266 14TH STREET
    OAKLAND,CA94607     		  PUBLIC CHARITY MANDELA FAMILY RESOURCE CENTER 30,000
    LOAVES AND FISHES OF CONTRA COSTA
    835 FERRY STREET
    MARTINEZ,CA94553     		  PUBLIC CHARITY COVID RELIEF GRANT 25,000
    LOAVES AND FISHES OF CONTRA COSTA
    835 FERRY STREET
    MARTINEZ,CA94553     		  PUBLIC CHARITY COVID RELIEF GRANT 7,500
    MARTHA'S TABLE
    3905 NATIONAL DR STE 280
    BURTONSVILLE,MD20866     		  PUBLIC CHARITY GENERAL SUPPORT 100
    NAPA VALLEY COMMUNITY FOUNDATION
    3299 CLAREMONT WAY SUITE 4
    NAPA,CA94558     		  PUBLIC CHARITY COVID RELIEF 25,000
    NATIONAL CENTER FOR SCIENCE EDUCATION
    1904 FRANKLIN STREET SUITE 600
    OAKLAND,CA94612     		  PUBLIC CHARITY TEACHER AMBASSADOR PROGRAM 15,000
    NATIONAL GEOGRAPHIC SOCIETY
    424 E 92ND ST
    NEW YORK,NY10128     		  PUBLIC CHARITY PRISTINE SEAS 50
    NATURAL RESOURCES DEFENSE COUNCIL INC
    3039 TROOST AVE
    KANSAS CITY,MO64109     		  PUBLIC CHARITY GENERAL SUPPORT 60
    ONEAMERICA
    1225 S WELLER STREET SUITE 430
    SEATTLE,WA98144     		  PUBLIC CHARITY SPEAK YOUR LANGUAGE CAMPAIGN 20,000
    OPEN ARMS PERINATAL SERVICES
    2524 16TH AVENUE SOUTH 207A
    SEATTLE,WA98144     		  PUBLIC CHARITY NURTURING EARLY LEARNING DURING PREGNANCY 30,000
    OPERATION BREAKTHROUGH INC
    11901 WORNALL RD
    KANSAS CITY,MO64145     		  PUBLIC CHARITY GENERAL SUPPORT 100
    ORANGE COUNTY SCHOOL READINESS COALITION INC
    7700 SOUTHLAND BOULEVARD
    ORLANDO,FL32809     		  PUBLIC CHARITY EARLY CHILDHOOD MENTAL HEALTH & COVID-19 SUPPORTS 15,000
    ORANGE COUNTY SCHOOL READINESS COALITION INC
    7700 SOUTHLAND BOULEVARD
    ORLANDO,FL32809     		  PUBLIC CHARITY COVID-19 SUPPORT 25,000
    ORLANDO HEALTH FOUNDATION
    3160 SOUTHGATE COMMERCE BOULEVARD
    SUITE 50
    ORLANDO,FL32806     		  PUBLIC CHARITY ARNOLD PALMER CHILDREN'S HOSPITAL 100
    PATH
    2201 WESTLAKE AVENUE SUITE 200
    SEATTLE,WA98121     		  PUBLIC CHARITY BRUEH TESFA (BRIGHT HOPE) 150,000
    PATH
    2201 WESTLAKE AVENUE SUITE 200
    SEATTLE,WA98121     		  PUBLIC CHARITY THE PURPOSE OF THIS GRANT IS TO SUPPORT ECDAN COLLABORATION GRANT 199,838
    PATH
    2201 WESTLAKE AVENUE SUITE 200
    SEATTLE,WA98121     		  PUBLIC CHARITY EMERGENCY FUNDING TO SUPPORT COVID-19 RELIEF EFFORTS. 100,000
    REFUGEE & IMMIGRANT TRANSITIONS
    870 MARKET STREET SUITE 558
    SAN FRANCISCO,CA94102     		  PUBLIC CHARITY BRIDGE-2-SUCCESS YOUTH DEVELOPMENT PROGRAM (B2S) 20,000
    REGINALD S LOURIE CENTER FOR INFANTS AND YOUNG CHILDREN
    12301 ACADEMY WAY
    ROCKVILLE,MD20852     		  PUBLIC CHARITY PG COUNTY BUILDING RENOVATION PROJECT THAT WILL CREATE CLASSROOM AND OFFICE SPACE FOR THE LOURIE CENTERS HEAD START PROGRAMMING 70,500
    RESULTS EDUCATION FUND
    1101 15TH STREET NW SUITE 1200
    WASHINGTON,DC20005     		  PUBLIC CHARITY LEVERAGING THE WORLD BANK TO EXPAND ECD FOR THE MOST VULNERABLE CHILDREN 75,000
    REZ REFUGE MINISTRIES
    PO BOX 2016
    FORT DEFIANCE,AZ86504     		  PUBLIC CHARITY COVID RESPONSE 5,000
    REZ REFUGE MINISTRIES
    PO BOX 2016
    FORT DEFIANCE,AZ86504     		  PUBLIC CHARITY COVID RESPONSE 12,500
    SAN FRANCISCO-MARIN FOOD BANK
    900 PENNSYLVANIA AVENUE
    SAN FRANCISCO,CA94107     		  PUBLIC CHARITY HEALTHY FOOD FOR CHILDREN 35,000
    SAVE THE CHILDREN FEDERATION INC
    1500 KINGS HIGHWAY
    FAIRFIELD,CT06824     		  PUBLIC CHARITY EMERGENCY FUNDING TO SUPPORT COVID-19 RELIEF EFFORTS. 100,000
    SAVE THE REDWOODS LEAGUE
    125 BROAD ST 18TH FLOOR
    NEW YORK,NY10004     		  PUBLIC CHARITY PRISTINE SEAS 50
    SEATTLE COLLEGES FOUNDATION
    1500 HARVARD AVENUE
    SEATTLE,WA98122     		  PUBLIC CHARITY TO SUPPORT AAS AND BAS EARLY LEARNING PROGRAMS 12,500
    SEATTLE UNIVERSITY
    901 12TH AVE PO BOX 222000
    SEATTLE,WA98122     		  PUBLIC CHARITY TO SUPPORT COMMUNITY ENGAGEMENT FOR THE YESLER EDUCATION COLLABORATIVE FOR COVID RESPONSE 12,500
    SEATTLE UNIVERSITY
    901 12TH AVE PO BOX 222000
    SEATTLE,WA98122     		  PUBLIC CHARITY TO SUPPORT THE CENTER FOR COMMUNITY ENGAGEMENT AND ADDRESS NEEDS RELATED TO THE COVID-19 CRISIS 10,000
    SECOND HARVEST FOOD BANK OF CENTRAL FLORIDA
    411 MERCY DRIVE
    ORLANDO,FL32805     		  PUBLIC CHARITY COVID SUPPORT 12,500
    SHARED SPACES FOR ALL
    1643 S JACKSON PLACE
    SEATTLE,WA98144     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 200
    SHENANDOAH VALLEY ACADEMY
    234 WEST LEE HIGHWAY
    NEW MARKET,VA22844     		  PUBLIC CHARITY ZIRKLE AUDITORIUM CAPITAL IMPROVEMENT 232,809
    SUCCESS ACADEMY CHARTER SCHOOLS INC
    95 PINE STREET 6TH FLOOR
    NEW YORK,NY10005     		  PUBLIC CHARITY COVID RESPONSE/SECOND STEP PROGRAM-BRONX MIDDLE SCHOOLS 10,000
    THE WILEY CENTER FOR SPEECH & LANGUAGE DEVELOP
    5761 BUCKINGHAM PARKWAY
    CULVER CITY,CA90230     		  PUBLIC CHARITY PARENT PROFESSIONAL PARTNERSHIP PROGRAM 10,000
    UMMEED CHILD DEVELOPMENT FUND INC
    17 POWDER MILL ROAD
    FRAMINGHAM,MA01701     		  PUBLIC CHARITY SUPPORTS PROGRAMS THAT PROVIDE CLINICAL SERVICES, TRAINING, AWARENESS & RESEARCH RELATED TO CHILD DEVELOPMENT AND DISABILITIES 55,000
    UNITED STATES FUND FOR UNICEF
    125 MAIDEN LANE 10TH FLOOR
    NEW YORK,NY10038     		  PUBLIC CHARITY TO SUPPORT PROMOTING PLAY-BASED LEARNING FOR THE MOST VULNERABLE CHILDREN IN ETHIOPIA 125,000
    UNIVERSITY OF MARYLAND COLLEGE PARK
    1308 BENJAMIN BUILDING UNIVERSITY
    OF MARYLAND
    COLLEGE PARK,MD20742     		  PUBLIC CHARITY PHASE V OF THE TRAUMA SENSITIVE PEDAGOGY (TSP) PROJECT 50,000
    Total .................................bullet 3a 3,884,927
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 11,138  
    4 Dividends and interest from securities....     14 7,688,541  
    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..... 900000 105,362 14 645,451  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		900000 25,387 18 50,118,820  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aNOTE RECEIVABLE INTEREST     		    14 1,155,857  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 130,749 59,619,807 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    59,750,556
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-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 XVI-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 (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    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)
    Yes
     
    (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
    Yes
     
    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
    1b(4) 216,690 CHILDREN'S EQUITY FUND (C)(4) ENTITIY SHARING OF PAID EMPLOYEES, OFFICE SPACE, EQUIPMENT AND SUPPLIES VIA RESOURCE SHARING AGREEMENT
    1c 216,690 CHILDREN'S EQUITY FUND (C)(4) ENTITIY SHARING OF PAID EMPLOYEES, OFFICE SPACE, EQUIPMENT AND SUPPLIES VIA RESOURCE SHARING AGREEMENT
    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
    CHILDREN'S EQUITY FUND 501(C)(4) BAINUM FAMILY FOUNDATION AND CHILDREN'S EQUITY FUND CONSISTS OF OVERLAPPING BOARD MEMBERS , AND SHARE THE SAME OFFICE SPACE.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    BAINUM FAMILY FOUNDATION
     
    Employer identification number

    23-7000192
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    BAINUM FAMILY FOUNDATION
          		Employer identification number
    23-7000192
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    JANE BAINUM
     
    7735 OLD GEORGETOWN ROAD SUITE 1000
     
    BETHESDA, MD20814

    		$ 1,202,500


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    BAINUM FAMILY FOUNDATION
          		Employer identification number

    23-7000192
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    BAINUM FAMILY FOUNDATION
          		Employer identification number

    23-7000192
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    BAINUM FAMILY FOUNDATION
    EIN:
    23-7000192
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 203,007 10,152 10,152 183,030

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    BAINUM FAMILY FOUNDATION
    EIN:
    23-7000192
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BAC CAPITAL TR XIV 2,007,500 2,007,500
    GOLDMAN SACHS CAPITAL II 1,982,000 1,982,000
    JPMORGAN CHASE 979,443 979,443
    SPDR GOLD TRUST (ETF) 3,538,519 3,538,519
    VANGUARD INFLATION-PROTECTED SECURITIES 9,956,684 9,956,684
    VANGUARD TOTAL BOND MARKET INDEX FUND 1,768,811 1,768,811
    VANGUARD EMERGING MARKETS BOND ADMIRAL 4,433,074 4,433,074

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    BAINUM FAMILY FOUNDATION
    EIN:
    23-7000192
    Name of Stock End of Year Book Value End of Year Fair Market Value
    INTELLIA THERAPEUTICS 743,005 743,005
    ILLUMINA INC 601,450 601,450
    JPMORGAN CHASE 488,805 488,805
    ALPHABET / GOOGLE INC COM 481,213 481,213
    NESTLE ADR 469,272 469,272
    GOLDMAN SACHS GROUP 464,165 464,165
    FANUC CORP 455,797 455,797
    ESTEE LAUDER 420,820 420,820
    IMPINJ 417,466 417,466
    WALT DISNEY COMPANY 416,751 416,751
    REGENERON PHARM 411,085 411,085
    LVMH MOET HENNESSY ADR 403,021 403,021
    COGNEX CORP COM 400,330 400,330
    NIKE CL B 385,674 385,674
    APPLE COMPUTER 385,268 385,268
    EOG RESOURCES INC. COM 384,658 384,658
    AMERICAN ELEC POWER 373,211 373,211
    DAIFUKU CO LTD NPV 371,091 371,091
    VGP 346,913 346,913
    VERIZON COMMUNICATIONS COM 333,883 333,883
    SPLUNK 328,920 328,920
    FRANCO NEV CORP COM STK 328,874 328,874
    TERRENO REALTY CORP 319,643 319,643
    KADANT INC 315,377 315,377
    INDITEX 312,694 312,694
    ADR ASML HOLDING 308,805 308,805
    ROYAL DUTCH SHELL PLC 293,749 293,749
    CVS HEALTH CORP 287,701 287,701
    NOVARTIS ADR 286,585 286,585
    SUMITOMO MITSUI FINL GRP 269,435 269,435
    ACCENTURE 262,953 262,953
    AIA GROUP LTD NPV 262,280 262,280
    AMAZON 254,572 254,572
    SCHLUMBERGER LTD 251,392 251,392
    NVIDIA 241,679 241,679
    MSCI INC 228,158 228,158
    LONDON STOCK EXCHANGE GROUP 199,394 199,394
    ISHARES GOLD TR ISHARES 191,776 191,776
    CADENCE DESIGN SYS INC 190,317 190,317
    GUARDANT HEALTH 187,154 187,154
    INUITIVE SURGICAL 186,687 186,687
    DELIVERY HERO SE NPV 182,179 182,179
    CRYOPORT INC COM 167,972 167,972
    FIVERR INTERNATIONAL LTD COM 161,256 161,256
    UNILEVER NV ADR 157,365 157,365
    STITCH FIX INC 140,981 140,981
    CHAMPIONX CORP 131,046 131,046
    DELL 20,034 20,034
    GMO QUALITY FUND 21,591,222 21,591,222
    GMO CLIMATE CHANGE FUND 15,141,667 15,141,667
    VANGUARD EUROPEAN STOCK INDEX FUND 4,827,769 4,827,769
    CHOICE HOTELS INTERNATIONAL, INC. 31,569,216 31,569,216

    TY 2020 InvestmentsOtherSchedule2
    Name:
    BAINUM FAMILY FOUNDATION
    EIN:
    23-7000192
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FJ CAPITAL FINANCIAL OPPORTUNITY FUND, LTD FMV 26,294,643 26,294,643
    KALORAMA SEPARATE ACCOUNT CYRUS FMV 6,762,745 6,762,745
    ATALAYA ASSET INCOME FUND III LP FMV 196,280 196,280
    SILVER POINT SPECIALTY CREDIT FUND, LP FMV 5,151,198 5,151,198
    TCI REAL ESTATE PARTNERS FUND II, LP FMV 6,039,556 6,039,556
    NEW ENERGY CAPITAL INFRASTRUCTURE CREDIT FUND II, L.P. (GT 25) FMV 869,119 869,119
    AVENUE AVIATION OPPORTUNITIES FUND II (OFFSHORE), LP FMV 2,588,255 2,588,255
    ROCK GREEK BAINUM FDN HEDGE FUND FMV 148,776,323 148,776,323
    ADAMS FUND SERIES LLC-ADAGE SERIES FMV 48,914,024 48,914,024
    ADAMS FUND SERIES LLC - OWNERSHIP SERIES FMV 23,429,950 23,429,950
    ELLINGTON ENHANCED INCOME FUND, LTD FMV 5,456,613 5,456,613
    GENERATION IM GLOBAL EQUITY FUND, LLC FMV 21,746,575 21,746,575
    GENERATION IM GLOBAL EQUITY FUND FMV 11,107,234 11,107,234
    EMERGING VARIANT DIRECTIONAL FUND, LTD. FMV 5,944,624 5,944,624
    HILLHOUSE CHINA VALUE FUND FMV 10,675,100 10,675,100
    KALORAMA SEPARATE ACCOUNT OVERLOOK FMV 20,458,088 20,458,088
    TIGER GLOBAL LONG OPPORTUNITIES FMV 25,878,066 25,878,066
    VIKING GLOBAL OPPORTUNITIES LP (GT 35) FMV 1,849,121 1,849,121
    ADJUVANT GLOBAL HEALTH TECHNOLOGY FUND, L.P. FMV 1,277,088 1,277,088
    CARLYLE PARTNERS VII, LP FMV 1,698,683 1,698,683
    CLAYTON, DUBILIER & RICE FUND X, L.P. FMV 4,078,415 4,078,415
    COATUE KONA III OFFSHORE FEEDER FUND L.P. FMV 3,073,857 3,073,857
    FOUNDATION CAPITAL LEADERSHIP FUND II, L.P. FMV 2,445,265 2,445,265
    ANDREESSEN HOROWITZ FUND VI-Q, LP (GT 31) FMV 5,059,526 5,059,526
    PAINE SCHWARTZ PARTNERS FOOD CHAIN FUND V, L.P. FMV 1,568,557 1,568,557
    SILVER LAKE PARTNERS V, LP FMV 3,537,788 3,537,788
    SILVER LAKE PARTNERS VI, L.P. FMV 734,446 734,446
    VISTA EQUITY PARTNERS FUND VI, L.P. FMV 7,712,446 7,712,446
    VISTA EQUITY PARTNERS FUND VII, L.P. FMV 2,540,097 2,540,097
    RS CO-INVESTMENT III, LP FMV 1,527,466 1,527,466
    RS FUND IV, LP FMV 372,768 372,768
    LUMINATE CAPITAL PARTNERS III, LP FMV 123,446 123,446
    JEN 7 PARALLEL FUND LP(GT 48) FMV 486,244 486,244
    GRAIN SPECTRUM HOLDINGS III LP (GT OPP 2016) FMV 382,929 382,929
    FOUNDATION CAPITAL IX, L.P. FMV 5,394,532 5,394,532
    ANDREESSEN HOROWITZ LSV FUND I-Q, LP (GT 32) FMV 9,875,671 9,875,671
    H CAPITAL V, L.P. FMV 5,338,928 5,338,928
    OWL VENTURES II, L.P. FMV 4,765,728 4,765,728
    OWL VENTURES III, L.P. FMV 5,870,553 5,870,553
    COATUE GROWTH IV OFFSHORE FEEDER FUND LP FMV 3,730,277 3,730,277
    AH BIO FUND II, LP (GT 21) FMV 3,486,054 3,486,054
    TRUSTBRIDGE PARTNERS VI L.P. (GT 22) FMV 6,951,803 6,951,803
    VIKING GLOBAL OPPORTUNITIES LP (GT 23) FMV 2,813,584 2,813,584
    YC II (GT 24) FMV 33,949,924 33,949,924
    TIGER GLOBAL PRIVATE INVESTMENT PARTNERS XI, L.P (GT 26) FMV 7,525,166 7,525,166
    APEEL SCIENCES, INC. (GT 38) FMV 750,000 750,000
    KLEINER PERKINS CAUFIELD & BYERS XVII, LLC (GT 1) FMV 2,457,447 2,457,447
    KPCB DIGITAL GROWTH FUND III, LLC (GT 2) FMV 21,866,269 21,866,269
    ANDREESEN HOROWITZ FUND V-Q, LP & AH PARALLEL FUND V-Q, LP (GT 3) FMV 5,603,608 5,603,608
    BOND CAPITAL FUND, LP (GT 33) FMV 20,637,507 20,637,507
    BOND CAPITAL FUND II, LP FMV 1,169,380 1,169,380
    TIGER GLOBAL PRIVATE INVESTMENT PARTNERS XII, L.P. (GT 36) FMV 7,574,532 7,574,532
    AH BIO FUND III, LP (GT 37) FMV 1,351,473 1,351,473
    YCES20 (GT 39) FMV 655,751 655,751
    CARE IN HEALTHCARE LLC (GT 42) FMV 498,875 498,875
    ANDREESSEN HOROWITZ FUND VII LP (GT 44) FMV 629,834 629,834
    ANDREESSEN HOROWITZ LSV FUND II LP (GT 45) FMV 2,423,625 2,423,625
    CNK FUND III, L.P. (ANDREESSEN HOROWITZ) (GT 4) FMV 125,000 125,000
    YCC20 (GT 40) FMV 1,091,858 1,091,858
    TIGER GLOBAL PRIVATE INVESTMENT PARTNERS XIV, L.P. (GT 51) FMV 3,382,676 3,382,676
    OBVIOUS GROWTH I, L.P. (GT 52) FMV 1,175,164 1,175,164
    ZEAL CAPITAL PARTNERS FUND I, LP / AUTHENTIC VENTURES II, LP (GT 56) FMV 305,486 305,486
    OWL VENTURES PARTNERSHIP HOLDINGS III LLC (GT 2020 - 1) FMV 151,917 151,917
    H CAPITAL VI, L.P. FMV 3,318,636 3,318,636
    OWL VENTURES IV, L.P. FMV 1,710,825 1,710,825
    OWL VENTURES OPPORTUNITY FUND I, LP FMV 1,146,911 1,146,911
    COATUE GROWTH V OFFSHORE FEEDER FUND LP FMV 1,111,262 1,111,262
    TPG GROWTH IV, L.P. FMV 758,694 758,694
    VISTA FOUNDATION FUND III, L.P. FMV 4,539,315 4,539,315
    CBRE U.S. CORE PARTNERS, LP FMV 23,412,226 23,412,226
    PROLOGIS TARGETED US LOGISTICS FUND FMV 7,735,878 7,735,878
    GRAIN COMMUNICATIONS OPPORTUNITY FUND II, L.P. FMV 2,861,904 2,861,904
    GRAIN COMMUNICATIONS OPPORTUNITY FUND III (PARALLEL), L.P. (GT 47) FMV 309,322 309,322
    IPI DATA CENTER PARTNERS FUND I, LP FMV 5,143,173 5,143,173
    IPI PARTNERS FUND II, LP FMV 12,850 12,850
    ROSE AFFORDABLE HOUSING PRESERVATION FUND V, L.P. FMV 1,499,789 1,499,789
    ROSE AFFORDABLE HOUSING PRESERVATION FUND IV, L.P. FMV 7,642,488 7,642,488
    TURNER-AGASSI CHARTER SCHOOL FACILITIES FUND II, L.P. FMV 1,509,368 1,509,368

    TY 2020 LandEtcSchedule2
    Name:
    BAINUM FAMILY FOUNDATION
    EIN:
    23-7000192
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER HARDWARE 311,625 311,625 0  
    FURNITURE AND EQUIPMENT 705,417 521,446 183,971 183,971
    TELEPHONE SYSTEM 41,973 41,102 871 871
    COMPUTER SOFTWARE 579,873 579,873 0  
    LHI/OFFICE EXPANSION 874,842 260,668 614,174 614,174
    LAND- NAPLES, FLORIDA 874,057 0 874,057 874,057
    BAINUM FOUNDATION FARM, LLC 3,465,000 0 3,465,000 3,465,000
    LHI/FARM 69,282 15,941 53,341 53,341
    BUILDING FARM LLC 716,356 195,618 520,738 520,738
    VEHICLES AND FARM EQUIPMENT 39,175 31,699 7,476 7,476
    CONSTRUCTION IN PROGRESS 146,586 0 146,586 146,586


    TY 2020 LegalFeesSchedule
    Name:
    BAINUM FAMILY FOUNDATION
    EIN:
    23-7000192
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 64,528 0 0 64,528


    TY 2020 OtherAssetsSchedule
    Name:
    BAINUM FAMILY FOUNDATION
    EIN:
    23-7000192
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST/DIVIDEND RECEIVABLE 152,972 159,386 159,386
    OTHER RECEIVABLE 0 82,819 82,819
    INVESTMENT RELATED RECEIVABLES AND PENDING PURCHASES 51,500 10,086,681 10,086,681
    PROGRAM RELATED INVESTMENTS 684,000 584,000 584,000
    RIGHT TO USE ASSET 1,634,894 1,231,781 1,231,781
    FEDERAL TAX RECEIVABLE 136,387 76,000 76,000
    SOCIAL IMPACT INVESTMENT LOAN 400,000 400,000 400,000
    DUE FROM AFFILIATE 26,050 208,583 208,583


    TY 2020 OtherExpensesSchedule
    Name:
    BAINUM FAMILY FOUNDATION
    EIN:
    23-7000192
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LICENSING, DUES, AND SUBSCRIPTIONS 441,784 1,307 1,307 437,384
    SCHOLARSHIPS 176,815 0 0 179,317
    OFFICE RELATED EXPENSES 5,648 0 0 5,648
    INSURANCE 102,618 0 0 109,409
    EQUIPMENT AND MAINTENANCE 71,028 0 0 77,744
    FARM EXPENSE 20,206 0 0 20,206


    TY 2020 OtherIncomeSchedule2
    Name:
    BAINUM FAMILY FOUNDATION
    EIN:
    23-7000192
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP K-1 INVESTMENTS 645,451 645,451 645,451
    PARTNERSHIP K-1 INVESTMENTS UBI 105,362 0 0
    NOTE RECEIVABLE INTEREST 1,155,857 1,155,857 1,155,857


    TY 2020 OtherIncreasesSchedule
    Name:
    BAINUM FAMILY FOUNDATION
    EIN:
    23-7000192
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 164,454,654


    TY 2020 OtherLiabilitiesSchedule
    Name:
    BAINUM FAMILY FOUNDATION
    EIN:
    23-7000192
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED FEDERAL EXCISE TAX PAYABLE 1,076,782 3,505,958
    OPERATING LEASE LIABILITY 1,655,645 1,263,182
    PARTNER CONTRACTUAL AGREEMENTS 0 1,824,717


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    BAINUM FAMILY FOUNDATION
    EIN:
    23-7000192
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 3,766,514 0 0 3,993,998
    INVESTMENT FEES K-1 4,108,975 4,108,975 4,108,975 0
    INVESTMENT FEES 1,183,603 1,183,603 1,183,603 0
    PARTNER AGREEMENTS 15,035,266 0 0 12,679,560
    INVESTMENT FEES K-1 UBI 21,617 0 0 0
    STAFF RECRUITING 65,847 0 0 65,847


    TY 2020 OtherReceivablesOfficersSch
    Name:
    BAINUM FAMILY FOUNDATION
    EIN:
    23-7000192
    Travel Advance to Officers:  


    Item No. 1
    Borrower's Name STEWART W BAINUM JR
    Borrower's Title  
    Original Amount of Loan 17267698
    Balance Due 17655924
    Date of Note 2014-09
    Maturity Date 2023-09
    Repayment Terms ANNUAL INTEREST PAYMENTS, BALLOON PAYMENT AT MATURITY
    Interest Rate 2.860000000000
    Security Provided by Borrower PERSONAL GUARANTEE
    Purpose of Loan PURCHASE OF ESTATE ASSETS UNDER EXCEPTION PROVISIONS IN 53.4941(D)-3
    Description of Lender Consideration ESTATE ASSETS
    Consideration FMV 0

    Item No. 2
    Borrower's Name SCOTT A RENSCHLER
    Borrower's Title  
    Original Amount of Loan 1165050
    Balance Due 1191243
    Date of Note 2014-09
    Maturity Date 2023-09
    Repayment Terms ANNUAL INTEREST PAYMENTS, BALLOON PAYMENT AT MATURITY
    Interest Rate 2.860000000000
    Security Provided by Borrower PERSONAL GUARANTEE
    Purpose of Loan PURCHASE OF ESTATE ASSETS UNDER EXCEPTION PROVISIONS IN 53.4941(D)-3
    Description of Lender Consideration ESTATE ASSETS
    Consideration FMV 0

    Item No. 3
    Borrower's Name BRUCE D BAINUM
    Borrower's Title  
    Original Amount of Loan 17449670
    Balance Due 17680273
    Date of Note 2015-01
    Maturity Date 2024-01
    Repayment Terms ANNUAL INTEREST PAYMENTS, BALLOON PAYMENT AT MATURITY
    Interest Rate 2.750000000000
    Security Provided by Borrower PERSONAL GUARANTEE
    Purpose of Loan PURCHASE OF ESTATE ASSETS UNDER EXCEPTION PROVISIONS IN 53.4941(D)-3
    Description of Lender Consideration ESTATE ASSETS
    Consideration FMV 0

    Item No. 4
    Borrower's Name TODD RENSCHLER
    Borrower's Title  
    Original Amount of Loan 540900
    Balance Due 548007
    Date of Note 2015-01
    Maturity Date 2024-01
    Repayment Terms ANNUAL INTEREST PAYMENTS, BALLOON PAYMENT AT MATURITY
    Interest Rate 2.750000000000
    Security Provided by Borrower PERSONAL GUARANTEE
    Purpose of Loan PURCHASE OF ESTATE ASSETS UNDER EXCEPTION PROVISIONS IN 53.4941(D)-3
    Description of Lender Consideration ESTATE ASSETS
    Consideration FMV 0

    Item No. 5
    Borrower's Name BRIAN B BAINUM
    Borrower's Title  
    Original Amount of Loan 513855
    Balance Due 520606
    Date of Note 2015-01
    Maturity Date 2024-01
    Repayment Terms ANNUAL INTEREST PAYMENTS, BALLOON PAYMENT AT MATURITY
    Interest Rate 2.750000000000
    Security Provided by Borrower PERSONAL GUARANTEE
    Purpose of Loan PURCHASE OF ESTATE ASSETS UNDER EXCEPTION PROVISIONS IN 53.4941(D)-3
    Description of Lender Consideration ESTATE ASSETS
    Consideration FMV 0

    Item No. 6
    Borrower's Name DINWIDDIE FARMS LLC
    Borrower's Title  
    Original Amount of Loan 4356674
    Balance Due 4413916
    Date of Note 2015-01
    Maturity Date 2024-01
    Repayment Terms ANNUAL INTEREST PAYMENTS, BALLOON PAYMENT AT MATURITY
    Interest Rate 2.750000000000
    Security Provided by Borrower CORPORATE OBLIGATION
    Purpose of Loan PURCHASE OF ESTATE ASSETS UNDER EXCEPTION PROVISIONS IN 53.4941(D)-3
    Description of Lender Consideration ESTATE ASSETS
    Consideration FMV 0


    TY 2020 TaxesSchedule
    Name:
    BAINUM FAMILY FOUNDATION
    EIN:
    23-7000192
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 826,559 0 0 0
    FOREIGN TAXES K-1 179,279 178,896 0 0
    DEFERRED EXCISE TAX 2,429,176 0 0 1,000,000