TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021

Name of foundation
THE BEA & DAVID ZACK MEMORIAL FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)3 RUBY FIELD COURT
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BALTIMORE, MD21209

A Employer identification number

03-0575765

B Telephone number (see instructions)

(212) 832-0400

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$4,806,140J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	271,715
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	61,905		61,905
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		277,022
b	Gross sales price for all assets on line 6a 1,097,943
7	Capital gain net income (from Part IV, line 2)...			478,211
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).......
12	Total. Add lines 1 through 11........	610,642		540,116
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		9,200	4,600	4,600
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		3,243	3,243	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		33,617	33,617	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	46,060		41,460	4,600
25	Contributions, gifts, grants paid.......	171,000			171,000
26	Total expenses and disbursements. Add lines 24 and 25	217,060		41,460	175,600
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	393,582
b	Net investment income (if negative, enter -0-)			498,656
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2021)

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	683,254	132,035	132,035
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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).......	2,338,730	3,283,531	4,670,860
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	3,245	3,245	3,245
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,025,229	3,418,811	4,806,140
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	3,025,229	3,418,811
	29	Total net assets or fund balances (see instructions).....	3,025,229	3,418,811
	30	Total liabilities and net assets/fund balances (see instructions).	3,025,229	3,418,811

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

3,025,229

Enter amount from Part I, line 27a .....................

393,582

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

3,418,811

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

3,418,811

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	NBT 001447
b	NBT 001447
c	NBT 001448
d	NBT 001448
e	NBT 005387
	NBT 007799
	NBT 007799
	NBT 008521
	NBT 008521
	TOTAL CASH IN LIEU

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	175,235	145,209	30,026
b	125,804	95,902	29,902
c	10,736	10,573	163
d	109,704	70,049	39,655
e	86,772	14,395	72,377
	89,002	73,093	15,909
	315,906	134,832	181,074
	38,558	22,931	15,627
	146,226	52,839	93,387
			91

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			30,026
b			29,902
c			163
d			39,655
e			72,377
			15,909
			181,074
			15,627
			93,387
			91

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	478,211
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 ...................		3

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 and enter “N/A" on line 1.
	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	6,931
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	6,931
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	16,051
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	16,051
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	9,120
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax9,120	Refunded	11	0

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

DONALD ZACK Telephone no. bullet

(212) 331-7425

Located at bullet

3 RUBY FIELD COURTBALTIMOREMD ZIP+4 bullet

21209

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

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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? .............

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)):

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?....................

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

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).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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 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
DONALD J ZACK	PRESIDENT & TREASURER 1.00	0	0	0
3 RUBY FIELD COURT BALTIMORE,MD21209	PRESIDENT & TREASURER 1.00	0	0	0
ELLEN M OKUN	VICE PRESIDENT & SECRETARY 1.00	0	0	0
3 RUBY FIELD COURT BALTIMORE,MD21209	VICE PRESIDENT & SECRETARY 1.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2021)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

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......................... bullet

Form 990-PF (2021)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

4,282,486

Average of monthly cash balances.......................

164,819

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

4,447,305

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

4,447,305

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

66,710

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

4,380,595

Minimum investment return. Enter 5% (0.05) of line 5................

219,030

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.)

Minimum investment return from Part IX, line 6..................

219,030

Tax on investment income for 2021 from Part V, line 5.......

6,931

Income tax for 2021. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

6,931

Distributable amount before adjustments. Subtract line 2c from line 1............

212,099

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

212,099

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

212,099

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

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				212,099
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......			167,023
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: $ 175,600
a Applied to 2020, but not more than line 2a			167,023
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.....				8,577
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 ..........				203,522
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)

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

DONALD J ZACK

ELLEN M OKUN

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AMERICAN CIVIL LIBERTIES UNION 125 BORAD STREET 18TH FLOOR NEW YORK,NY10004		PC	FIGHT GOVERNMENT ABUSE AND VIGOROUSLY DEFEND INDIVIDUAL FREEDOMS	30,000
BOSTON HEALTH CARE FOR THE HOMELESS PROGRAM INC 780 ALBANY ST BOSTON,MA02118		PC	TO PROVIDE OR ASSURE ACCESS TO THE HIGHEST QUALITY HEALTH CARE FOR ALL HOMELESS MEN, WOMEN AND CHILDREN IN THE GREATER BOSTON AREA.	10,000
ENVIRONMENTAL DEFENSE FUND 1875 CONNETICUT AVENUE NW SUITE 600 WASHINGTON,DC20009		PC	ADDRESS MOST ENVIRONMENTAL CHALLENGES BY TARGETING ISSUES THAT AFFECT PEOPLE AROUND THE WORLD	30,000
HEALTH CARE FOR THE HOMELESS 421 FALLSWAY BALTIMORE,MD21202		PC	PROVIDES WHOLE-PERSON HEALTH CARE AND SUPPORTIVE SERVICES TO INDIVIDUALS AND FAMILIES EXPERIENCING HOMELESSNESS.	10,000
MARYLAND FOOD BANK 2200 HALETHORPE FARMS RD BALTIMORE,MD21227		PC	FEEDING PEOPLE, STRENGTHENING COMMUNITIES, AND ENDING HUNGER FOR MARYLANDERS	500
PAUL'S PLACE 1118 WARD STREET BALTIMORE,MD21230		PC	IMPROVING THE QUALITY OF LIFE IN THE WASHINGTON VILLAGE/PIGTOWN NEIGHBORHOOD AND THE SURROUNDING SOUTHWEST BALTIMORE COMMUNITIES	10,000
PUBLIC JUSTICE CENTER 1 NORTH CHARLES STREET SUITE 200 BALTIMORE,MD21201		PC	SUPPORT ADVOCACY GROUP TO HELP BUILD A JUST SOCIETY	15,000
RYR-1 FOUNDATION PO 13312 PITTSBURG,PA15243		PC	SUPPORT RESEARCH LEADING TO AN EFFECTIVE TREATMENT OR A CURE FOR RYR-1 RELATED DISEASES	3,000
RYR-1 FOUNDATION PO 13312 PITTSBURG,PA15243		PC	SUPPORT RESEARCH LEADING TO AN EFFECTIVE TREATMENT OR A CURE FOR RYR-1 RELATED DISEASES	1,500
SOUTHERN POVERTY LAW CENTER 400 WASHINGTON AVENUE MONTGOMERY,AL36104		PC	DEDICATED TO FIGHTING HATE AND BIGOTRY AND TO SEEKING JUSTICE FOR THE MOST VULNERABLE MEMBERS OF SOCIETY.	30,000
WORLD FOOD PROGRAM USA 1725 I ST NW 510 WASHINGTON,DC20006		PC	SUPPORTS THE MISSION OF THE UNITED NATIONS WORLD FOOD PROGRAMME TO END WORLD HUNGER.	10,000
THE UMB FOUNDATION 220 ARCH ST 13TH BALTIMORE,MD21201		PC	PROMOTES THE UNIVERSITY THROUGH ADVOCACY AND THE ENLISTING OF FINANCIAL SUPPORT AND MANAGES AND INVESTS GIFTS AND PROPERTY FOR THE BENEFIT OF UMB.	10,000
MARYLAND FOOD BANK 2200 HALETHORPE FARMS RD BALTIMORE,MD21227		PC	FEEDING PEOPLE, STRENGTHENING COMMUNITIES, AND ENDING HUNGER FOR MARYLANDERS	10,000
RESEARCH TO PREVENT BLINDNESS 360 LEXINGTON AVE NEW YORK,NY10017		PC	PROVIDES MAJOR EYE RESEARCH FUNDING TO 37 LEADING SCIENTIFIC INSTITUTIONS IN THE U.S. AND SUPPORTS THE WORK OF HUNDREDS OF TALENTED VISION SCIENTISTS ENGAGED IN A DIVERSE RANGE OF DISEASE-ORIENTED RESEARCH.	1,000
Total ................................. 3a				171,000

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	277,022
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		338,927	0

13Total. Add line 12, columns (b), (d), and (e)..................

338,927

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Name of the organization

THE BEA & DAVID ZACK MEMORIAL FOUNDATION

Employer identification number

03-0575765

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

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

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... 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 THE BEA & DAVID ZACK MEMORIAL FOUNDATION

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	DONALD ZACK 3 RUBY FIELD COURT BALTIMORE, MD21209	$ 271,715	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

Name of organization THE BEA & DAVID ZACK MEMORIAL FOUNDATION		Employer identification number 03-0575765

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
1	42 SH. INTUIT INC	$ 27,322	2021-12-27
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	80 SH. ASML HOLDINGS	$ 64,318	2021-12-27
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	15 SH. ASML HOLDINGS	$ 12,060	2021-12-27
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	123 SH. INTUIT INC	$ 78,078	2021-12-23
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	281 SH. DANAHER CORP	$ 89,937	2021-12-23
(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 THE BEA & DAVID ZACK MEMORIAL FOUNDATION			Employer identification number 03-0575765
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.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose 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

(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

(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

(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:

- TIN:

TY 2021 AccountingFeesSchedule

Name:

THE BEA & DAVID ZACK MEMORIAL FOUNDATION

EIN:

03-0575765

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BERDON LLP FEES	9,200	4,600		4,600

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

THE BEA & DAVID ZACK MEMORIAL FOUNDATION

EIN:

03-0575765

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ACCENTURE PLC	8,326	19,484
ADOBE SYSTEMS INCORPORATED COM	7,550	16,445
AFLAC INC COM USD0.10	11,648	16,232
ALPHABET INC CAP STK CL A	28,005	72,426
AMERICAN WATER WORKS COMPANY INC COM	10,424	19,453
ANSYS INC COM USD0.01	7,246	16,446
ANTHEM INC	7,827	12,979
APPLE INC COM USD0.00001	12,607	47,589
ASML HOLDING NV EURO .09 NY REGISTRY SHS	6,342	17,515
ASTRAZENECA ADR REP 0.5 ORD	9,803	13,456
AVALONBAY COMMUNITIES INC COM USD0.01	6,890	9,851
AVANGRID INC COM	9,661	10,475
BALL CORP COM NPV	8,586	9,434
BK OF AMERICA CORP COM	17,382	27,139
BLACKBAUD INC	5,931	7,503
BRIGHT HORIZONS FAMILY SOLUTIONS INC	10,134	9,315
COSTCO WHOLESALE CORP COM USD0.01	9,421	21,573
DISNEY WALT CO COM	10,325	9,139
EATON CORP PLC COM	9,107	20,047
ECOLAB INC	10,774	15,014
ETSY INC COM	8,692	9,633
FIRST REPUBLIC BANK SAN FRANCISCO COM	9,791	19,412
FIRST SOLAR INC	7,716	12,725
GILEAD SCIENCES INC COM USD0.001	6,639	7,479
HOME DEPOT INC	10,086	20,751
HUNT J.B. TRANSPORT SERVICES INC COM	10,752	18,192
INTERNATIONAL FLAVORS & FRAGRANCES COM	9,866	11,600
IPG PHOTONICS CORPORATION COM USD0.0001	8,759	9,468
IQVIA HLDGS INC COM	11,424	21,443
JONES LANG LASALLE INC COM USD0.01	6,434	13,736
LAMB WESTON HLDGS INC COM	10,913	9,444
LHC GROUP INC	9,618	9,881
LINDE PLC COM EUR0.001	10,293	14,204
LPL FINANCIAL HOLDINGS INC	9,842	11,687
LULULEMON ATHLETICA INC COM USD0.005	5,397	14,092
MASTERCARD INCORPORATED CL A	18,001	26,949
MCCORMICK & COMPANY INC COM NPV	8,023	11,593
MEDTRONIC PLC	11,255	12,517
MERCK &CO INC COM	12,559	12,262
MICROSOFT CORP	18,691	56,165
NEW YORK TIMES CO	9,891	16,181
NIKE INC CLASS B COM NPV	8,640	16,834
NXP SEMICONDUCTORS NV	6,904	16,856
OMNICELL COM COM	7,072	17,864
ORGANON & CO COMMON STOCK	629	487
ORMAT TECHNOLOGIES INC	6,388	8,089
PALO ALTO NETWORKS INC COM USD0.0001	9,118	21,714
PAYCOM SOFTWARE INC COM USD0.01	8,494	9,134
PAYPAL HLDGS INC COM	9,976	19,424
PNC FINANCIAL SERVICES GROUP COM USD5	11,931	18,247
PROCTER AND GAMBLE CO COM	10,338	16,358
QUANTA SERVICES COM USD0.00001	6,939	18,460
QUEST DIAGNOSTICS INC COM USD0.01	9,406	18,512
REINSURANCE GRP OF AMERICA INC COM NEW	4,890	5,256
SBA COMMUNICATIONS CORP NEW CL A	12,361	26,453
SOLAREDGE TECHNOLOGIES INC	6,675	7,014
STARBUCKS CORP COM USD0.001	7,384	12,048
STRYKER CORPORATION COM	5,164	7,220
SVB FINANCIAL GROUP COM	9,252	26,451
TAIWAN SEMICONDUCTOR MANUFACTURING SPON	11,245	14,076
TARGET CORP	5,649	17,821
TETRA TECH INC	9,612	11,377
THERMO FISHER SCIENTIFIC INC	10,539	12,678
TJX COMPANIES INC	10,988	16,626
TRACTOR SUPPLY CO	6,225	15,270
TRANE TECHNOLOGIES PLC COM USD1	6,762	13,536
TRAVELERS COMPANIES INC COM STK NPV	16,241	20,179
UNILEVER PLC SPON ADR NEW	10,612	10,650
UNITED PARCEL SERVICE INC	9,252	12,432
VF CORP COM NPV	7,158	8,127
WABTEC COM	10,919	14,001
WEST PHARMACEUTICAL SERVICES INC	9,381	9,849
WOLFSPEED INC COM	7,296	10,506
XYLEM INC COM USD0.01	11,155	18,348
ACCENTURE PLC	6,996	19,484
ADVANCE AUTO PARTS INC	14,225	33,103
ALPHABET INC CAP STK CL A	10,592	43,456
AMERISOURCEBERGEN CORPORATION COM	11,790	20,731
ANSYS INC COM USD0.01	7,029	8,825
APTIV PLC COM USD0.01	9,182	27,712
ARISTA NETWORKS INC COM USD0.0001	9,536	26,450
BECTON DICKINSON & CO COM USD1.00	14,476	24,394
CIGNA CORP NEW COM	28,645	32,607
COGNIZANT TECHNOLOGY SOLUTIONS CORP COM	17,209	27,503
COLGATE-PALMOLIVE CO COM USD1.00	18,351	21,506
COMCAST CORP	22,319	30,701
COMPASS GROUP PLC SPON ADR EACH REP 1	22,355	24,822
COSTAR GROUP INC	19,013	17,308
CSX CORP COM USD1	12,030	20,417
DANAHER CORPORATION COM	13,899	71,724
DISCOVERY INC COM SER A	17,429	15,937
FISERV INC	13,742	12,662
GODADDY INC CL A	21,553	22,488
GRAINGER W W INC COM USD0.50	13,559	31,094
INTERCONTINENTAL EXCHANGE INC COM	12,886	31,047
INTUIT INC	10,410	87,478
JPMORGAN CHASE & CO	10,044	27,870
MASTERCARD INCORPORATED CLA	10,695	30,183
MEDTRONIC PLC	11,259	15,621
MICROSOFT CORP	19,627	53,811
NATIONAL GRID SPON ADR EACH REP 5 ORD	18,298	23,287
OTIS WORLDWIDE CORP COM	9,999	15,150
PROGRESSIVE CORP COM	14,571	30,076
ROCHE HOLDINGS ADR	17,117	28,085
SHERWIN-WILLIAMS CO	8,019	21,130
STANLEY BLACK & DECKER INC	14,962	22,823
STARBUCKS CORP COM USD0.001	8,159	14,153
TEXAS INSTRUMENTS INC COM USD1.00	11,131	40,898
UNILEVER PLC SPON ADR NEW	15,558	21,086
UNITED RENTALS INC	4,174	16,615
VESTAS WIND SYS AS UNSP ADR	10,650	15,320
ZEBRA TECHNOLOGIES CORPORATION CL A	7,638	24,403
ADIDAS AG ADR EA REP 1/2 ORD NPV	13,797	12,237
AIA GROUP ADR	8,187	8,751
ALCON INC	3,838	5,750
ALIBABA GROUP HOLDING LTD SPON ADS EACH	11,761	7,365
ASSA ABLOY UNSP ADR EA REPE 0.50 ORD SHS	7,507	10,692
ATLAS COPCO ADR	3,511	8,112
AXA SA SPON ADR EACH REP 1 ORD SHS	14,145	18,730
BANK RAKYAT INDONESIA UNSP ADR EACH REPR	7,879	7,599
BARRATT DEVELOPMENT ADR	6,935	10,294
BIONTECH SE SPON ADS EACH REP 1 ORD SHS	8,129	7,992
BYD CO UNSP ADR EACH REPR 2 ORD	5,598	5,676
CRODA INTERNATIONAL UNSP ADS EA REPE 0.5	5,317	11,103
DAIKIN INDUSTRIES UNSP ADS EACH REP 0.1	12,715	13,865
DASSAULT SYSTEMES SPON ADR EACH REP 1	4,240	9,934
DEUTSCHE TELEKOM AG SPON ADS EACH REPR 1	10,995	11,326
EISAI CO LTD SPONSORED ADR	7,560	5,161
FERGUSON PLC SPON ADS EACH REP 0.1 ORD	5,298	13,813
HANG LUNG PROPERTIES HLP SPON ADR EACH	7,140	6,522
HDFC BANK LTD SPON ADS EACH REP 3 ORD	3,230	5,596
HENKEL AG&CO KGAA SPON ADS EACH REP	5,795	5,156
HOYA ADR	12,579	14,561
INFINEON TECHNOLOGIES AG SPON ADR EACH	5,303	12,422
ING GROEP NV SPONSORED ADR	10,429	18,569
KAO CORP UNSPON ADS EACH REP 0.20 ORD	8,248	5,823
KERRY GROUP PLC SPONSORED ADR	11,137	11,720
KION GROUP PLC SPONSORED ADR	5,374	9,271
KONINKLIJKE PHILIPS ADR	7,842	7,481
L AIR LIQUIDE ORD ADR	3,872	5,963
LLOYDS BANKING GROUP ADR 4 ORD	8,967	8,443
MACQUARIE GROUP LIMITED ADR EACH REPR 1	8,866	14,934
MONDI PLC ADR EACH REPR 2 ORD	8,092	10,041
NOVARTIS AG SPONSORED ADR	8,195	9,009
NOVO NORDISK A/S ADR EACH CNV INTO 1	6,042	13,776
ORIX CORPORATION SPON ADR EACH REP 5 ORD	11,379	16,590
ORSTED A/S UNSP ADR EACH REPR 0.333 ORD	13,799	9,407
OVERSEA-CHINESE BANKING CORP UNSP ADR	12,914	12,312
PRYSMIAN SPA UNSPONSORED ADR	7,766	9,601
RECRUIT HOLDINGS CO LTD UNSPON ADR EACH	7,373	12,279
ROCHE HOLDINGS ADR	12,366	17,527
SAMPO PLC UNSP ADR EACH REP 0.5 A SH	11,874	16,034
SAP ADR REP 1 ORD	9,419	11,769
SCHNEIDER ELECTRIC SE UNSPONSORED ADR	7,085	18,004
SHISEIDO CO LTD SPONSORED ADR	10,961	9,302
SINGAPORE TELECOMMUNICATIONS ADR	5,757	5,524
SK TELECOM ADR EACH REPR 0.55555 SHS	6,514	3,334
SONY GROUP CORPORATION SPON ADS EACH	11,735	14,283
TAIWAN SEMICONDUCTOR MANUFACTURING SPON	2,607	7,940
TDK ADR REP 1 ORD	6,684	9,943
UMICORE UNSP ADR EACH REP 0.25 ORD SHS	6,080	5,468
UNILEVER PLC SPON ADR NEW	16,126	16,191
VALEO ADR-EACH REPR 0.5 ORD EUR3	9,560	9,234
VESTAS WIND SYS AS UNSP ASR	5,609	8,052
VOLVO(AB) UNSP ADR EACH REP 1 ORD SHS	10,518	9,587
WORLDLINE UNSP ADR EACH REP 0.5 ORD SHS	8,656	5,128
YAMAHA ADR	7,806	9,355
AVERY DENNISON CORP COM USD1	3,893	13,644
CLEVELAND-CLIFFS INC NEW COM	5,306	13,497
CMC MATERIALS INC COM	5,215	7,093
VIAVI SOLUTIONS INC COM ISIN	4,322	8,986
AERCAP HOLDINGS N V EUR 0.01	6,138	13,411
AMNEAL PHARMACEUTICALS INC COM STK CL A	2,540	2,898
CHARLES RIVER LABORATORIES INTERNATIONAL	1,998	10,550
CONDUENT INC COM	6,796	9,185
CRITEO ADR REP ORD	9,354	25,071
EMERGENT BIOSOLUTIONS INC	5,714	4,521
HAIN CELESTIAL GROUP INC	4,642	8,096
MOLINA HEALTHCARE INC	3,519	14,314
TREEHOUSE FOODS INC	6,792	6,080
CHICO S FAS INC	696	1,808
CHILDREN S PLACE INC COM USD 0.10	3,718	5,154
KAR AUCTION SERVICES INC COM USD0.01	7,498	7,170
LIONS GATE ENTERTAINMENT CORP CL B NON	10,043	12,881
SEAWORLD ENTERTAINMENT INC	1,171	5,513
STERICYCLE INC COM ISIN #US8589121081	7,304	8,946
SUNSTONE HOTEL INVESTORS INC	2,371	2,369
TEMPUR SEALY INTERNATIONAL INC	3,186	12,228
CNX RES CORP COM	3,314	3,369
DEVON ENERGY CORP NEW	5,899	14,977
PATTERSON-UTI ENERGY INC COM	652	1,183
TECHNIPFMC PLC USD1	3,730	2,966
ALLIANCE DATA SYSTEM COM USD0.01	3,820	3,462
DRILL QUIP INC COM	3,624	2,303
OIL STATES INTERNATIONAL INC COM USD0.01	3,274	2,013
BANKUNITED INC	5,058	10,578
COMERICA INC	4,974	11,310
EHEALTH INC	3,976	2,652
HUNTINGTON BANCSHARES INC COM	6,002	9,284
TEXAS CAP BANCSHARES INC COM	4,954	9,038
ACADIA HEALTHCARE COMPANY INC COM	4,527	10,319
PATTERSON COS INC COM	2,426	3,962
BABCOCK & WILCOX ENTERPRISES I COM	6,342	9,200
CLEAN HARBORS INC	3,235	6,984
CROWN HLDGS INC COM	8,658	20,575
ENERPAC TOOL GROUP CORP CL A COM	2,802	3,143
HARSCO CORP	6,646	8,104
LOYALTY VENTURES INC COMMON STOCK	962	601
ITRON INC	6,381	9,250
KYNDRYL HLDGS INC COMMON STOCK	3,814	3,729
VALMONT INDUSTRIES INC	2,142	5,010
RLJ LODGING TRUST	2,383	2,452
ACCURAY INCORPORATED COM USD 0.001	2,051	4,555
ATRICURE INC	1,567	5,910
AVANOS MED INC COM	3,876	4,507
BLOOM ENERGY CORP COM CL A	1,010	3,399
BOX INC CL A	3,521	5,500
CALERES INC COM	3,132	3,062
CARDIOVASCULAR SYSTEMS INC	3,757	2,197
CHATHAM LODGING TRUST	1,162	1,221
CEVA INC	1,964	3,675
CIENA CORP	5,747	22,321
COGNYTE SOFTWARE LTD COM NPV WI	7,449	6,472
CYTOSORBENTS CORP	2,048	947
DIEBOLD NIXDORF INCORPORATED COM USD 1.25	2,116	3,756
EMCORE CORP	2,099	2,373
ENTEGRIS INC	827	4,435
FLUIDIGM CORP	3,249	3,018
HAEMONETICS CORP MASS COM	5,878	5,781
II-VI INC CORP	1,812	4,236
IMPINJ INC COM	311	2,129
INFINERA CORP COM	2,164	4,459
INNOVIZ TECHNOLOGIES LTD SHS ISIN	1,826	1,820
MACOM TECH SOLUTIONS HLDGS INC COM	5,316	18,401
MANDIANT INC COM	7,593	10,875
NEW RELIC INC COM	3,895	6,927
ONESPAN INC COM	4,495	4,486
ORASURE TECHNOLOGIES INC	4,168	3,719
OSI SYSTEMS INC	3,396	4,846
PING IDENTITY HLDG CORP COM	5,775	4,965
QUANTUM CORP COM NEW	8,587	6,790
RADWARE LTS COM ILS 0.05	2,644	4,164
RAMBUS INC	5,542	16,018
RESIDEO TECHNOLOGIES INC COM	6,964	16,529
RIBBON COMMUNICATIONS INC COM	2,353	3,521
SPIRIT AEROSYSTEMS HOLDINGS INC	2,404	3,663
STRATASYS LTD	7,305	9,894
THE ODP CORP COM	7,093	8,092
UNISYS CORP	8,928	13,103
VAREX IMAGING CORP COM	3,400	4,985
VEECO INSTRUMENTS INC	7,383	14,662
VERINT SYSTEMS INC	5,358	11,290
XPERI HOLDING CORP COM	10,692	12,197
ORMAT TECHNOLOGIES INC	9,072	12,767
VISTRA CORP COM	6,395	8,357
NEUBERGER BERMAN EMERG MRKTS EQ INSTL	93,617	122,228
TIAA-CREF CORE IMPACT BOND INSTL	405,978	397,769
MATTHEWS PACIFIC TIGER FUND INSTL	139,248	108,859
WCM FOCUSED INTL GROWTH FUND INSTL	241,520	261,958
NEUBERGER BERMAN EMERG MRKTS DEBT INSTL	144,948	132,411
NEUBERGER BERMAN HIGH INC BOND INSTL	182,621	182,395

- TIN:

TY 2021 OtherAssetsSchedule

Name:

THE BEA & DAVID ZACK MEMORIAL FOUNDATION

EIN:

03-0575765

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
ACCRUED INT PAID C/O DUE FROM BROKER	33	33	33
ACCRUED INTEREST	3,212	3,212	3,212

- TIN:

TY 2021 OtherExpensesSchedule

Name:

THE BEA & DAVID ZACK MEMORIAL FOUNDATION

EIN:

03-0575765

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES	33,617	33,617		0

- TIN:

TY 2021 TaxesSchedule

Name:

THE BEA & DAVID ZACK MEMORIAL FOUNDATION

EIN:

03-0575765

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	2,442	2,442		0
ADR FEES	801	801		0