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
BETH AND RAVENEL CURRY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)499 PARK AVENUE FLOOR 17
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY100221240
A Employer identification number

23-7411083
B Telephone number (see instructions)

(212) 583-7096
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$614,423,630J 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) 77,518,546
2 Check bullet.............
3 Interest on savings and temporary cash investments 259,700 259,700 259,700
4 Dividends and interest from securities... 5,290,872 5,290,872 5,290,872
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,335,876
b Gross sales price for all assets on line 6a 5,335,876
7 Capital gain net income (from Part IV, line 2)... 5,335,876
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 2,690 2,690 2,690
12 Total. Add lines 1 through 11........ 88,407,684 10,889,138 5,553,262
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 91,845 0 0 0
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 6,026 0 0 0
b Accounting fees (attach schedule)....... Click to see attachment 10,300 2,575 0 0
c Other professional fees (attach schedule).... Click to see attachment 156,798 0 0 0
17 Interest............... 20,240 20,240 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 46,034 22,642 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,864 0 0 0
22 Printing and publications.......... 427 0 0 0
23 Other expenses (attach schedule)....... Click to see attachment 250,427 237,545 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 588,961 283,002 0 0
25 Contributions, gifts, grants paid....... 23,946,550 23,946,550
26 Total expenses and disbursements. Add lines 24 and 25 24,535,511 283,002 0 23,946,550
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 63,872,173
b Net investment income (if negative, enter -0-) 10,606,136
c Adjusted net income (if negative, enter -0-)... 5,553,262
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............. 389,908,941 441,019,162 437,476,359
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 64,266,632 Click to see attachment62,587,735 159,568,585
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 7,284,560 Click to see attachment14,482,979 17,378,686
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 461,460,133 518,089,876 614,423,630
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 461,460,133 518,089,876
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)..... 461,460,133 518,089,876
30 Total liabilities and net assets/fund balances (see instructions). 461,460,133 518,089,876
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
461,460,133
2
Enter amount from Part I, line 27a .....................
2
63,872,173
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
208,000
4
Add lines 1, 2, and 3 ..........................
4
525,540,306
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
7,450,430
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
518,089,876
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 GAINS/LOSSES P    
b LONG-TERM GAINS/LOSSES P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 159,891     159,891
b 5,175,985     5,175,985
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       159,891
b       5,175,985
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 5,335,876
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 3 159,891
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........................... 3 147,425
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- ..... 5 147,425
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 64,100
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 125,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 189,100
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 1,696
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 39,979
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet39,979 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletFOUNDATION CENTER (FDNCENTER.ORG)
    14
    The books are in care ofbulletBETH AND RAVENEL CURRY FOUNDATION Telephone no.bullet (212) 583-7096

    Located atbullet499 PARK AVENUE FLOOR 17NEW YORKNY ZIP+4bullet100221240
    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
    RAVENEL B CURRY PRESIDENT
    2.00     		0 0 0
    499 PARK AVENUE FLOOR 17
    NEW YORK,NY100221240
    CAROLINE RIVERS CURRY TRUSTEE
    1.00     		0 0 0
    499 PARK AVENUE FLOOR 17
    NEW YORK,NY100221240
    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
    EMILY COX EXECUTIVE DIRECTOR
    40.00     		114,286 11,733 0
    1390 TAYLOR RIDGE COURT
    ERIE,PA16505
    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
    VANESSA MENDOZA CONSULTING 150,000
    60 REMSEN STREET 3C
    BROOKLYN,NY11201
    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
    91,255,532
    b
    Average of monthly cash balances.......................
    1b
    425,392,772
    c
    Fair market value of all other assets (see instructions)................
    1c
    73,774,893
    d
    Total (add lines 1a, b, and c).........................
    1d
    590,423,197
    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
    590,423,197
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    8,856,348
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    581,566,849
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    29,078,342
    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
    29,078,342
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    147,425
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    147,425
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    28,930,917
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    28,930,917
    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
    28,930,917
    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 28,930,917
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 23,053,644
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 23,946,550
    a Applied to 2020, but not more than line 2a 23,053,644
    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..... 892,906
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		28,038,011
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    RAVENEL B CURRY
    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
    3DE
    3565 PIEDMONT RD NE
    ATLANTA,GA30305     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    40 SCHOOLS
    612 ANDREW HIGGINS BLVD 3RD FLOOR
    NEW ORLEANS,LA70130     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    ADOPTION SHARE
    PO BOX 1532
    BRUNSWICK,GA31521     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    ALEXANDER HAMILTON INSTITUTE
    21 W PARK ROW
    CLINTON,NY13323     		N/A PUBLIC CHARITY UNRESTRICTED 1,000
    ALEXANDER HAMILTON SOCIETY
    1701 RHODE ISLAND AVENUE NW
    WASHINGTON,DC20036     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    ALLIANCE FOR DECISION EDUCATION
    1 BELMONT AVE UNIT 610
    BALA CYNWYD,PA19004     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    AMERICAN ENTERPRISE INSTITUTE
    1789 MASSACHUSETTS AVENUE NW
    WASHINGTON,DC20036     		N/A PUBLIC CHARITY UNRESTRICTED 3,000,000
    AMERICAN FEDERATION FOR CHILDREN
    1020 19TH ST NW
    WASHINGTON,DC20036     		N/A PUBLIC CHARITY UNRESTRICTED 250,000
    AMERICAN TRANSPARENCY
    200 S FRONTAGE RD STE 106
    BURR RIDGE,IL605276916     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    APPLE TREE INSTITUTE FOR EDUCATION
    1801 MISSISSIPPI AVE SE 3RD FLOOR
    WASHINGTON,DC20020     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    ARCHBRIDGE INSTUTUTE
    810 7TH ST NE
    WASHINGTON,DC20002     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    ATLAS NETWORK
    4075 WILSON BOULEVARD SUITE 310
    ARLINGTON,VA22203     		N/A PUBLIC CHARITY UNRESTRICTED 375,000
    BARD HIGH SCHOOL EARLY COLLEGE
    525 E HOUSTON ST
    NEW YORK,NY10002     		N/A PUBLIC CHARITY UNRESTRICTED 10,000
    BEACON CENTER
    1200 CLINTON STREET 205
    NASHVILLE,TN37203     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    BETTER TOGETHER
    15275 COLLIER BOULEVARD SUITE
    201-284
    NAPLES,FL34119     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    BILL OF RIGHTS INSTITUTE
    1310 NORTH COURTHOUSE RD
    ARLINGTON,VA22201     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    BRADLEY IMPACT FUND
    1400 N WATER ST SUITE 300
    MILWAUKEE,WI53202     		N/A PUBLIC CHARITY UNRESTRICTED 1,250,000
    BRADLEY IMPACT FUND DAF
    1400 N WATER ST SUITE 300
    MILWAUKEE,WI53202     		N/A PUBLIC CHARITY UNRESTRICTED 5,500,000
    BRIDGE2RWANDA
    1818 N TAYLOR ST SUITE B
    LITTLE ROCK,AR72207     		N/A PUBLIC CHARITY UNRESTRICTED 10,000
    BRIDGES OUTREACH
    120 MORRIS AVE
    SUMMIT,NJ07902     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    BUCKEYE INSTITUTE
    88 EAST BROAD STREET SUITE 1300
    COLUMBUS,OH43215     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    CADENCE LEARNING
    2655 SEELY AVENUE
    SAN JOSE,CA95134     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    CALVIN COOLIDGE PRESIDENTIAL FOUNDATION
    PO BOX 97
    PLYMOUTH NOTCH,VT05056     		N/A PUBLIC CHARITY UNRESTRICTED 200,000
    CARDINAL INSTITUTE
    1632 QUARRIER STREET
    CHARLESTON,WV25311     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    CATO INSTITUTE
    1000 MASSACHUSETTS AVE NW
    WASHINGTON,DC200015403     		N/A PUBLIC CHARITY UNRESTRICTED 250,000
    CENTER FOR EDUCATION REFORM
    1455 PENNSYLVANIA AVENUE NW SUITE
    250
    WASHINGTON,DC20004     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    CHANGE SUMMER
    119 WEST 72ND STREET SUITE 187
    NEW YORK,NY10023     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    CHARTER SCHOOL GROWTH FUND
    10901 W 120TH AVE SUITE 450
    BROOMFIELD,CO80021     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    CHILDREN'S SCHOLARSHIP FUND
    8 W 38TH STREET 9TH FLOOR
    NEW YORK,NY10018     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    CHILDREN'S SCHOLARSHIP FUND PHILADELPHIA
    100 S BROAD ST SUITE 1200
    PHILADELPHIA,PA19110     		N/A PUBLIC CHARITY UNRESTRICTED 75,000
    COMMON GOOD
    37-24 24TH STREET SUITE 137
    LONG ISLAND CITY,NY11101     		N/A PUBLIC CHARITY UNRESTRICTED 5,000
    COMMONWEALTH FOUNDATION
    420 N 3RD ST
    HARRISBURG,PA17101     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    COMPETITIVE ENTERPRISE INSTITUTE
    1310 L STREET NW 7TH FLOOR
    WASHINGTON,DC20005     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    COMPSCI HIGH
    1300 BOYNTON AVE
    BRONX,NY10472     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    COOPER HEWITT UNION
    2 EAST 91ST ST
    NEW YORK,NY10128     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    COUNCIL OF FOREIGN RELATIONS
    58 EAST 68TH STREET
    NEW YORK,NY10065     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    CRISTO REY PHILADELPHIA HIGH SCHOOL
    1717 W ALLEGHENY AVE
    PHILADELPHIA,PA19132     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    DISCOVERY ORCHESTRA
    OAKES CENTER 120 MORRIS AVE
    SUMMIT,NJ07901     		N/A PUBLIC CHARITY UNRESTRICTED 5,000
    DONORS TRUST INC
    1800 DIAGONAL RD UNIT 280
    ALEXANDRIA,VA22314     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    DREAM
    13 WINTER LANE
    MILTON,VT05468     		N/A PUBLIC CHARITY UNRESTRICTED 15,000
    DREXEL FUND
    135 W WELLS ST SUITE 100
    MILWAUKEE,WI53203     		N/A PUBLIC CHARITY UNRESTRICTED 150,000
    EDIBLE SCHOOLYARD
    20 JAY STREET STE M9
    BROOKLYN,NY11201     		N/A PUBLIC CHARITY UNRESTRICTED 10,000
    EL EDUCATION
    247 WEST 35TH STREET 8TH FLOOR
    NEW YORK,NY10001     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    EMERGE FELLOWSHIP
    11251 NORTHWEST FWY SUITE 330
    HOUSTON,TX77092     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    EMERGENT ORDER FOUNDATION
    4450 FRONTIER TRAIL
    AUSTIN,TX78745     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    EMPIRE CENTER
    30 SOUTH PEARL STREET SUITE 1210
    ALBANY,NY12207     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    EQUITABLE FACILITIES FUND
    228 PARK AVE S
    NEW YORK,NY100031502     		N/A PUBLIC CHARITY UNRESTRICTED 1,000,000
    EXCELLENCE COMMUNITY SCHOOLS
    2000 BENEDICT AVE
    BRONX,NY10462     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    FAMILY PROMISE
    71 SUMMIT AVENUE
    SUMMIT,NJ07901     		N/A PUBLIC CHARITY UNRESTRICTED 5,000
    FEDERALIST SOCIETY
    1776 I STREET NW SUITE 300
    WASHINGTON,DC20006     		N/A PUBLIC CHARITY UNRESTRICTED 150,000
    FIFTH AVENUE PRESBYTERIAN CHURCH
    7 W 55TH ST
    NEW YORK,NY10019     		N/A PUBLIC CHARITY UNRESTRICTED 110,000
    FORDHAM INSTITUTE
    1016 16TH ST NW 8TH FLOOR
    WASHINGTON,DC20036     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    FOUNDATION FOR ECONOMIC EDUCATION
    1819 PEACHTREE ROAD SUITE 300
    ATLANTA,GA30309     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    FOUNDATION FOR FIGHTING BLINDNESS
    7168 COLUMBIA GATEWAY DRIVE SUITE
    100
    COLUMBIA,MD21046     		N/A PUBLIC CHARITY UNRESTRICTED 5,000
    FOUNDATION FOR INDIVIDUAL RIGHTS IN EDUCATION
    510 WALNUT STREET SUITE 1250
    PHILADELPHIA,PA19106     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    FRICK COLLECTION
    1 E 70TH ST
    NEW YORK,NY10021     		N/A PUBLIC CHARITY UNRESTRICTED 550,000
    FRIENDS OF THE CHILDREN
    44 NE MORRIS ST
    PORTLAND,OR97212     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    FROST VALLEY YMCA
    2000 FROST VALLEY ROAD
    CLARYVILLE,NY12725     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    FURMAN UNIVERSITY
    3300 POINSETT HIGHWAY
    GREENVILLE,SC29613     		N/A PUBLIC CHARITY UNRESTRICTED 60,000
    GEN JUSTICE
    39000 EAST CAMELBACK ROAD SUITE 300
    PHOENIX,AZ85018     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    GEORGIA CENTER FOR OPPORTUNITY
    333 RESEARCH COURT SUITE 210
    PEACHTREE CORNERS,GA30092     		N/A PUBLIC CHARITY UNRESTRICTED 250,000
    GEORGIA PUBLIC POLICY FOUNDATION
    3200 COBB GALLERIA PARKWAY SUITE
    214
    ATLANTA,GA30339     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    GOLDWATER INSTITUTE
    500 EAST CORONADO ROAD
    PHOENIX,AZ85004     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    GOODMAN INSTITUTE
    6335 W NORTHWEST HWY - 2111
    DALLAS,TX75225     		N/A PUBLIC CHARITY UNRESTRICTED 10,000
    GRAY CENTER FOR THE STUDY OF THE ADMINISTRATIVE STATE
    3301 FAIRFAX DRIVE
    ARLINGTON,VA22201     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    GREENWOOD GENETIC CENTER FOUNDATION
    101 GREGOR MENDEL CIRCLE
    GREENWOOD,SC29646     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    GUADALUPE CENTER
    2640 GOLDEN GATE PARKWAY SUITE 205
    NAPLES,FL34105     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    HOPE WOMEN'S CENTER
    252 NORTH IRONWOOD DRIVE
    APACHE JUNCTION,AZ85120     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    INDEPENDENT INSTITUTE
    100 SWAN WAY
    OAKLAND,CA94621     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    INSTITUTE FOR FAMILY STUDIES
    PO BOX 1502
    CHARLOTTESVILLE,VA22902     		N/A PUBLIC CHARITY UNRESTRICTED 125,000
    INSTITUTE FOR HUMANE STUDIES
    VERNON SMITH HALL 1ST FLOOR 3434
    WASHINGTON BLVD
    ARLINGTON,VA22201     		N/A PUBLIC CHARITY UNRESTRICTED 60,000
    INSTITUTE FOR JUSTICE
    901 N GLEBE ROAD SUITE 900
    ARLINGTON,VA22203     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    INSTITUTE FOR REFORMING GOVERNMENT
    PO BOX 180291
    DELAFIELD,WI53018     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    INSTITUTE FOR RESPONSIBLE CITIZENSHIP
    1227 25TH STREET NW 6TH FL
    WASHINGTON,DC20037     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    INTELLIGENCE SQUARED
    150 EAST 52ND STREET
    NEW YORK,NY10022     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    JAMES MADISON INSTITUTE
    100 NORTH DUVAL STREET
    TALLAHASSEE,FL32301     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    JOE MARTIN ALS FOUNDATION
    100 N TRYON ST STE 3420
    CHARLOTTE,NC28202     		N/A PUBLIC CHARITY UNRESTRICTED 10,000
    JOHN LOCKE FOUNDATION
    4800 SIX FORKS ROAD SUITE 220
    RALEIGH,NC27609     		N/A PUBLIC CHARITY UNRESTRICTED 150,000
    JUNIOR ACHIEVEMENT
    ONE EDUCATION WAY
    COLORADO SPRINGS,CO80906     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    LAFAYETTE AVENUE PRESBYTERIAN CHURCH
    85 SOUTH OXFORD STREET
    BROOKLYN,NY11217     		N/A PUBLIC CHARITY UNRESTRICTED 500
    LET GROW
    228 PARK AVE S 77212
    NEW YORK,NY10003     		N/A PUBLIC CHARITY UNRESTRICTED 200,000
    LIFEBOX FOUNDATION
    195 MONTAGUE ST 14TH FLOOR
    BROOKLYN,NY11201     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    MACKINAW CENTER
    140 W MAIN STREET
    MIDLAND,MI48640     		N/A PUBLIC CHARITY UNRESTRICTED 150,000
    MANHATTAN INSTITUE
    52 VANDERBILT AVENUE
    NEW YORK,NY10017     		N/A PUBLIC CHARITY UNRESTRICTED 300,000
    MARK MORRIS DANCE GROUP
    3 LAFAYETTE AVE
    BROOKLYN,NY11217     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    MILKEN CENTER FOR ADVANCING THE AMERICAN DREAM
    730 15TH STREET NW 5TH FLOOR
    WASHINGTON,DC20005     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    MORAL COURAGE PROJECT
    300 COLLEGE PARK
    DAYTON,OH45469     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    NATIONAL ALLIANCE FOR PUBLIC CHARTER SCHOOLS
    800 CONNECTICUT AVE NW SUITE 300
    WASHINGTON,DC20006     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    NATIONAL CONSTITUTION CENTER
    525 ARCH ST
    PHILADELPHIA,PA19106     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    NATIONAL REVIEW INSTITUTE
    19 WEST 44TH STREET SUITE 1701
    NEW YORK,NY10036     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    NETWORK FOR TEACHING ENTREPRENEURSHIP
    120 WALL STREET 18TH FLOOR
    NEW YORK,NY10005     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    NEW CRITERION
    900 BROADWAY SUITE 602
    NEW YORK,NY10003     		N/A PUBLIC CHARITY UNRESTRICTED 10,000
    NEW YORK BOTANICAL GARDENS
    2900 SOUTHERN BLVD
    BRONX,NY10458     		N/A PUBLIC CHARITY UNRESTRICTED 200,000
    NEW YORK HALL OF SCIENCE
    47-01 111TH ST
    CORONA,NY11368     		N/A PUBLIC CHARITY UNRESTRICTED 120,050
    NEW YORK HISTORICAL SOCIETY
    170 CENTRAL PARK WEST AT RICHARD
    GILDER WAY
    NEW YORK,NY10024     		N/A PUBLIC CHARITY UNRESTRICTED 125,000
    NORTHSIDE DEVELOPMENT GROUP
    PO BOX 3362
    SPARTANBURG,SC29304     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    NPOWER
    55 WASHINGTON STREET SUITE 560
    BROOKLYN,NY11201     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    NYC OUTWARD BOUND SCHOOLS
    29-46 NORTHERN BOULEVARD
    LONG ISLAND CITY,NY11101     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    ONE AMERICA MOVEMENT
    4450 MITCHELLVILLE ROAD SUITE 1021
    BOWIE,MD20716     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    OUTSCHOOL
    1102 YORK ST
    SAN FRANCISCO,CA94110     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    PACIFIC LEGAL FOUNDATION
    555 CAPITOL MALL SUITE 1290
    SACRAMENTO,CA95814     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    PARTNERSHIP SCHOOLS
    1011 1ST AVE
    NEW YORK,NY10022     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    PHILANTHROPY ROUNDTABLE
    1120 20TH STREET NW SUITE 550 SOUTH
    WASHINGTON,DC20036     		N/A PUBLIC CHARITY UNRESTRICTED 150,000
    PRESIDENT AND FELLOWS OF HARVARD COLLEGE
    124 MOUNT AUBURN STREET
    CAMBRIDGE,MA02138     		N/A PUBLIC CHARITY UNRESTRICTED 300,000
    PUBLIC PREP
    192 E 151ST STREET 5TH FLOOR
    BRONX,NY10451     		N/A PUBLIC CHARITY UNRESTRICTED 200,000
    QUEENS UNIVERSITY OF CHARLOTTE
    1900 SELWYN AVENUE
    CHARLOTTE,NC28274     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    REASON FOUNDATION
    5737 MESMER AVE
    LOS ANGELES,CA90230     		N/A PUBLIC CHARITY UNRESTRICTED 10,000
    RISING TIDE CAPITAL
    384 MARTIN LUTHER KING DR
    JERSEY CITY,NJ07305     		N/A PUBLIC CHARITY UNRESTRICTED 250,000
    ROCKEFELLER UNIVERSITY
    1230 YORK AVENUE
    NEW YORK,NY10065     		N/A PUBLIC CHARITY UNRESTRICTED 275,000
    ROUNDABOUT THEATRE COMPANY
    231 WEST 39TH ST SUITE 1200
    NEW YORK,NY10018     		N/A PUBLIC CHARITY UNRESTRICTED 250,000
    SALVATION ARMY
    5550 PRAIRIE STONE PARKWAY
    HOFFMAN ESTATES,IL60192     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    SCHOOLHOUSE WORLD
    3790 EL CAMINO REAL UNIT 544
    PALO ALTO,CA94306     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    SETON EDUCATION PARTNERS
    1562 FIRST AVENUE NO 205
    NEW YORK,NY100284004     		N/A PUBLIC CHARITY UNRESTRICTED 200,000
    STATE POLICY NETWORK
    1655 NORTH FORT MYER DRIVE SUITE
    360
    ARLINGTON,VA22209     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    SUCCESS ACADEMY
    95 PINE STREET FLOOR 6
    NEW YORK,NY10005     		N/A PUBLIC CHARITY UNRESTRICTED 500,000
    TALENT MARKET
    1633 CONNECTICUT AVE NW SUITE 300
    WASHINGTON,DC20009     		N/A PUBLIC CHARITY UNRESTRICTED 25,000
    TEL EDUCATION
    1818 W LINDSEY ST SUITE D236
    NORMAN,OK73069     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    THE ACADEMY CHARTER SCHOOLS
    353 BROADWAY
    ALBANY,NY12246     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    THREAD
    2401 LIBERTY HEIGHTS AVE
    BALTIMORE,MD21215     		N/A PUBLIC CHARITY UNRESTRICTED 250,000
    TRANSCEND INC
    159 LINCOLN AVENUE
    HASTINGS ON HUDSON,NY10706     		N/A PUBLIC CHARITY UNRESTRICTED 10,000
    UNIVERSITY OF VIRGINIA DARDEN SCHOOL ANNUAL FUND
    211 EMMET STREET SOUTH PO BOX
    400331
    CHARLOTTESVILLE,VA22904     		N/A PUBLIC CHARITY UNRESTRICTED 5,000
    VELA EDUCATION FUND
    2200 WILSON BLVD STE 107
    ARLINGTON,VA22201     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    VERTEX PARTNERSHIP ACADEMIES
    1160 BEACH AVENUE
    BRONX,NY10472     		N/A PUBLIC CHARITY UNRESTRICTED 1,000,000
    VMTS EDUCATION INC
    137 MONTEGUE STREET 132
    BROOKLYN,NY11201     		N/A PUBLIC CHARITY UNRESTRICTED 500,000
    WEILL CORNELL MEDICAL COLLEGE
    1300 YORK AVENUE
    NEW YORK,NY10065     		N/A PUBLIC CHARITY UNRESTRICTED 250,000
    WILSON SHEEHAN LAB FOR ECONOMIC OPPORTUNITIES
    3060 JENKINS NANOVIC HALL
    NOTRE DAME,IN46556     		N/A PUBLIC CHARITY UNRESTRICTED 150,000
    WISCONSIN INSTITUTE FOR LAW AND LIBERTY
    330 EAST KILBOURN AVENUE SUITE 725
    MILAWUKEE,WI53202     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    WORK FIRST FOUNDATION
    228 E 45TH ST
    NEW YORK,NY10017     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    YEAR UP
    45 MILK STREET 9TH FLOOR
    BOSTON,MA02109     		N/A PUBLIC CHARITY UNRESTRICTED 100,000
    YOUNG PEOPLE'S CHORUS
    37 WEST 65TH STREET 2ND FLOOR
    NEW YORK,NY10023     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    ZETA CHARTER SCHOOLS
    222 ALEXANDER AVE
    BRONX,NY10454     		N/A PUBLIC CHARITY UNRESTRICTED 50,000
    Total .................................bullet 3a 23,946,550
    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 ...........     		    14 259,700  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 5,335,876  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 10,889,138 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    10,889,138
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


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

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    BETH AND RAVENEL CURRY FOUNDATION
     
    Employer identification number

    23-7411083
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    BETH AND RAVENEL CURRY FOUNDATION
          		Employer identification number
    23-7411083
    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
    RAVENEL B CURRY
    499 PARK AVENUE
     
    NEW YORK, NY10022

    		$ 26,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    ESTATE OF ELIZABETH R CURRY
    499 PARK AVENUE
     
    NEW YORK, NY10022

    		$ 51,518,546


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    BETH AND RAVENEL CURRY FOUNDATION
          		Employer identification number

    23-7411083
    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) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    BETH AND RAVENEL CURRY FOUNDATION
          		Employer identification number

    23-7411083
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    BETH AND RAVENEL CURRY FOUNDATION
    EIN:
    23-7411083
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 10,300 2,575 0 0

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    BETH AND RAVENEL CURRY FOUNDATION
    EIN:
    23-7411083
    Name of Stock End of Year Book Value End of Year Fair Market Value
    RBC ENERGY FUND 2,220,978 4,068,474
    RBC SMALL CAP FUND 23,193,589 58,708,111
    733 SHS. WELLS FARGO CORP. 35,169 35,169
    38 SHS. ALLEGHANY 25,369 25,369
    CITI CUSTODY 30,742,577 90,361,409
    393,456 SHS. LUMINAR TECHNOLOGIES, INC. 6,370,053 6,370,053

    TY 2021 InvestmentsOtherSchedule2
    Name:
    BETH AND RAVENEL CURRY FOUNDATION
    EIN:
    23-7411083
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    EXPLORADOR PANAM HORIZON FUND, LP AT COST 917,870 917,870
    CASDIN VENTURE OPPORTUNITIES FUND, L.P AT COST 1,612,140 1,612,140
    CASDIN PARTNERS OFFSHORE, LTD AT COST 4,723,433 7,619,140
    CASDIN PRIVATE GROWTH EQUITY FUND I, L.P. AT COST 1,796,707 1,796,707
    CASDIN PRIVATE GROWTH EQUITY FUND II, L.P. AT COST 299,771 299,771
    ALTA GLOBAL URBANIZATION FUND AT COST 5,120,630 5,120,630
    TD AMERITRADE SEP IRA AT COST 12,428 12,428

    TY 2021 LegalFeesSchedule
    Name:
    BETH AND RAVENEL CURRY FOUNDATION
    EIN:
    23-7411083
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 6,026 0 0 0


    TY 2021 OtherDecreasesSchedule
    Name:
    BETH AND RAVENEL CURRY FOUNDATION
    EIN:
    23-7411083
    Description Amount
    UNREALIZED GAINS/LOSSES 7,450,430


    TY 2021 OtherExpensesSchedule
    Name:
    BETH AND RAVENEL CURRY FOUNDATION
    EIN:
    23-7411083
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVERTISING 160 0 0 0
    OTHER EXPENSES 13,915 13,915 0 0
    PORTFOLIO DEDUCTIONS 110,125 110,125 0 0
    INVESTMENT EXPENSE 113,505 113,505 0 0
    PROGRAM EXPENSES 9,725 0 0 0
    INSURANCE 400 0 0 0
    LICENSES AND PERMITS 164 0 0 0
    REPAIRS 159 0 0 0
    SUPPLIES 2,274 0 0 0


    TY 2021 OtherIncomeSchedule2
    Name:
    BETH AND RAVENEL CURRY FOUNDATION
    EIN:
    23-7411083
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INVESTMENT INCOME 2,690 2,690 2,690


    TY 2021 OtherIncreasesSchedule
    Name:
    BETH AND RAVENEL CURRY FOUNDATION
    EIN:
    23-7411083
    Description Amount
    CHECKS IN TRANSIT 208,000


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    BETH AND RAVENEL CURRY FOUNDATION
    EIN:
    23-7411083
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING 156,798 0 0 0


    TY 2021 TaxesSchedule
    Name:
    BETH AND RAVENEL CURRY FOUNDATION
    EIN:
    23-7411083
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 23,392 0 0 0
    FOREIGN TAXES 22,642 22,642 0 0