| Identifier | Return Reference | Explanation |
|---|---|---|
| PENALTY ASSESSMENT | 990-PF | TAXPAYER PREVIOUSLY TRIED TO EFILE THE 2020 RETURN, BUT WAS PREVENTED FROM SO DOING, BECAUSE THE RETURN REQUIRED SEVERAL ATTACHMENTS. THE TAX SOFTWARE ALLOWED THE RETURN TO BE PAPER FILED AND THE SOFTWARE ALSO INCLUDED MAILING INSTRUCTIONS FOR THE PAPER FILING. WE RELIED UPON THOSE INSTRUCTIONS TO SEND A PAPER RETURN AND IT WAS MAILED BEFORE THE NOVEMBER 15TH, 2021 FILING DATE. WE HAVE RECENTLY RECEIVED CORRESPONDENCE DATED JUNE 10TH, 2022 REQUESTING AN EFILED RETURN. WE HAVE UPDATED THE 2020 RETURN WHICH MADE THIS EFILE POSSIBLE. WE ARE RESPECTFULLY REQUESTING ABATEMENT FROM ALL PENALTIES UNDER FIRST TIME ABATEMENT RULES AND REASONABLE CAUSE CONDITIONS OUTLINED IN THE PREVIOUS PARAGRAPH.TAXPAYER IS A PRIVATE FOUNDATION AND MAKES CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS. WE REQUEST AN ABATEMENT OF ANY PENALTIES FOR THIS LATE FILED RETURN DUE TO REASONABLE CAUSE AND NOT WILLFUL NEGLECT. TO PENALIZE THE FOUNDATION WOULD BE CONTRARY TO THEIR CHARITABLE PURPOSES LIMITING THE ABILITY TO FURTHER THEIR OBJECTIVES. |
| TAX DUE PAID | 990-PF | THE TAX DUE OF 4,025 ON LINE 9 OF PART VI WAS PAID ON NOV 15TH, 2021 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ISRAEL BONDS | 100,000 | 100,000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 14194 SHS OLP | 284,874 | 284,874 |
| 23,469 SHS BRT | 356,729 | 356,729 |
| 92,111 SHS JBG SMITH PROPERTIES | 2,880,310 | 2,880,310 |
| MERCADOLIBRE INC 16 SHARES | 26,804 | 26,804 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FILING FEES | 250 | 0 | 250 | |
| MISCELLANEOUS EXPENSE | 45 | 0 | 45 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN - MKT SECURITIES | 1,489,015 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LOANS AND EXCHANGES | 733 | 5,897 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BROKERAGE FEES | 5,363 | 5,363 | 0 |