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 Serenbetz Family Foundation Inc

% Foundation Source

Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377

A Employer identification number

13-3993644

B Telephone number (see instructions)

(800) 839-1754

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

$23,240,642J 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	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	10,000
2	Check .............
3	Interest on savings and temporary cash investments	779		779
4	Dividends and interest from securities...	338,599		338,599
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,344,032
b	Gross sales price for all assets on line 6a 6,794,022
7	Capital gain net income (from Part IV, line 2)...			1,209,178
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).......		-18,537	-18,537
12	Total. Add lines 1 through 11........	1,674,873		1,530,019
13	Compensation of officers, directors, trustees, etc.	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		12,995	0	0	12,995
c	Other professional fees (attach schedule)....		58,707	58,707
17	Interest...............	277		275
18	Taxes (attach schedule) (see instructions)...		7,610	210
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		38,163	3,522		34,572
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	117,752		62,714	0	47,567
25	Contributions, gifts, grants paid.......	885,000				885,000
26	Total expenses and disbursements. Add lines 24 and 25	1,002,752		62,714	0	932,567
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	672,121
b	Net investment income (if negative, enter -0-)			1,467,305
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.............
	2	Savings and temporary cash investments.........	4,928,979	2,332,132	2,332,132
	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)		183,694	186,061
	b	Investments—corporate stock (attach schedule).......	8,989,554	11,633,657	14,756,194
	c	Investments—corporate bonds (attach schedule).......	1,166,336	441,342	449,730
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	3,500,673	4,666,838	5,516,525
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	18,585,542	19,257,663	23,240,642
	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........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	18,585,542	19,257,663
	29	Total net assets or fund balances (see instructions).....	18,585,542	19,257,663
	30	Total liabilities and net assets/fund balances (see instructions).	18,585,542	19,257,663

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

18,585,542

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

672,121

Other increases not included in line 2 (itemize) bullet

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

19,257,663

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 .

19,257,663

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	Publicly-traded Securities
b	Passthrough K1 Capital Gain/(Loss)
c	ALLOCATED TO UBTI-ACQ INDEBTEDNESS
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	6,794,022	5,649,082	1,144,940
b			64,238
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			1,144,940
b
c
d
e

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	1,209,178
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
3	Add lines 1 and 2...........................	3	20,396
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	20,396
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	10,293
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	10,800
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	21,093
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	697
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax697	Refunded	11

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

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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)

NJ, NY

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

The books are in care of bullet

Foundation Source Telephone no. bullet

(800) 839-1754

Located at bullet

501 Silverside Road Suite 123WilmingtonDE ZIP+4 bullet

198091377

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)

Yes

(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
Cynthia L Serenbetz	Trustee, VP 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Trustee, VP 1.0	0	0	0
George Hunter Serenbetz	Trustee 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Trustee 1.0	0	0	0
Jean B Serenbetz	Treas, Trustee 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Treas, Trustee 1.0	0	0	0
Margaret Skyler Serenbetz	Trustee 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Trustee 1.0	0	0	0
Paul H Serenbetz	Trustee, Pres 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Trustee, Pres 1.0	0	0	0
Robert C Serenbetz	Trustee 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Trustee 1.0	0	0	0
Stuart W Serenbetz	Trustee 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Trustee 1.0	0	0	0
William Tucker Serenbetz	Trustee 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Trustee 1.0	0	0	0
Warren L Serenbetz III	Trustee 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Trustee 1.0	0	0	0
Warren L Serenbetz Jr	Trustee 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Trustee 1.0	0	0	0
Christin E Weberman	Trustee, Sec 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Trustee, Sec 1.0	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










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

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

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

14,546,537

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

3,937,612

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

4,999,042

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

23,483,191

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

23,483,191

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

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

352,248

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

23,130,943

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

1,156,547

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

1,156,547

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

20,396

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

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

20,396

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

1,136,151

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

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

1,136,151

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

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

1,136,151

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	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7				1,136,151
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......			760,371
b Total for prior years:2019, 2018, 2017
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 ........
4Qualifying distributions for 2021 from Part
XI, line 4: $ 932,567
a Applied to 2020, but not more than line 2a			760,371
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2021 distributable amount.....				172,196
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2021.
(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 ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........				963,955
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...
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....	0

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).)

Jean B Serenbetz

Stuart W Serenbetz

WARREN L SERENBETZ JR

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
CARVER FOUNDATION OF NORWALK INC 7 ACADEMY ST NORWALK,CT06850	N/A	PC	General & Unrestricted	40,000
FAMILY & CHILDRENS AGENCY INC 9 MOTT AVE NORWALK,CT06850	N/A	PC	ASPIRE program	60,000
FIRST GRADUATE 2973 16TH ST SUITE 400 SAN FRANCISCO,CA94103	N/A	PC	General & Unrestricted	40,000
FIRST GRADUATE 2973 16TH ST SUITE 400 SAN FRANCISCO,CA94103	N/A	PC	Data/CRM/Development manager fund	50,000
HARLEM ACADEMY 1330 5TH AVE NEW YORK,NY10026	N/A	PC	General & Unrestricted	30,000
HARLEM ACADEMY 1330 5TH AVE NEW YORK,NY10026	N/A	PC	General & Unrestricted	55,000
HORIZONS STUDENT ENRICHMENT PROGRAM PO BOX 997 NEW CANAAN,CT06840	N/A	PC	General & Unrestricted	90,000
HORIZONS STUDENT ENRICHMENT PROGRAM PO BOX 997 NEW CANAAN,CT06840	N/A	PC	Social Emotional Counselor Fund	30,000
HUDSON RIVER COMMUNITY SAILING INC PO BOX 20677 NEW YORK,NY10011	N/A	PC	General & Unrestricted	20,000
REACH PREP INC ONE DOCK ST SUITE 100 STAMFORD,CT06902	N/A	PC	Project Summer 2022	25,000
REACH PREP INC ONE DOCK ST SUITE 100 STAMFORD,CT06902	N/A	PC	General & Unrestricted	80,000
SAVE THE CHILDREN FEDERATION INC 501 KINGS HWY EAST STE 400 FAIRFIELD,CT06825	N/A	PC	Kinderboost Kindergarten readiness program	20,000
ST VINCENTS SERVICES INC 66 BOERUM PL BROOKLYN,NY11201	N/A	PC	American Dreams Program	65,000
TAFT SCHOOL CORPORATION 110 WOODBURY RD WATERTOWN,CT06795	N/A	PC	Red Rhino Fund	10,000
WATERSIDE SCHOOL INC 770 PACIFIC ST STAMFORD,CT06902	N/A	PC	General & Unrestricted	40,000
WATERSIDE SCHOOL INC 770 PACIFIC ST STAMFORD,CT06902	N/A	PC	Angel Scholarship Fund	80,000
WATERSIDE SCHOOL INC 770 PACIFIC ST STAMFORD,CT06902	N/A	PC	Thelma R. Serenbetz Endowed Scholarship Fund	150,000
Total ................................. 3a				885,000

bApproved for future payment

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

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 ...........			14	779
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	1,344,032
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aK-1 Inc/Loss			14	-18,537
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				1,664,873

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

1,664,873

(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 Serenbetz Family Foundation Inc

Employer identification number

13-3993644

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 Serenbetz Family Foundation Inc

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	Serenbetz Stuart W 526 Claret Way Johns Island, SC29455	$ 10,000	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 Serenbetz Family Foundation Inc		Employer identification number 13-3993644

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 The Serenbetz Family Foundation Inc			Employer identification number 13-3993644
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 Serenbetz Family Foundation Inc

EIN:

13-3993644

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX RETURN PREPARATION/REVIEW	12,995			12,995

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2021 DepreciationSchedule

Name:

The Serenbetz Family Foundation Inc

EIN:

13-3993644

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income	Adjusted Net Income	Cost of Goods Sold Not Included

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

The Serenbetz Family Foundation Inc

EIN:

13-3993644

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AMAZON INC - 2.100% - 05/12/20	12,067	12,173
BANK AMER CORP MTN - 2.884% -	12,419	12,402
BANK OF AMERICA - 4.000% - 04/	30,328	31,897
CITIGROUP INC NOTE - 3.668% -	13,096	12,951
COMCAST CORP NOTE - 4.150% - 1	12,629	12,498
CVS CAREMARK CORP NOTE - 4.300	12,508	12,353
ENTERPRISE PRODUCTS OPERTATING	8,477	8,547
GOLDMAN SACHS - 3.800% - 03/15	12,167	12,120
ING BANK NV REGS - 5.800% - 09	51,466	53,798
JP MORGAN CHASE BANK - 4.203%	16,974	16,793
LEGG MASON INC - 4.750% - 03/1	25,414	28,016
LEUCADIA NATL CORP - 5.500% -	95,434	99,161
MORGAN STANLEY FIN LLC CAL LKD	100,001	99,150
SHELL INT'L FINANCE - 2.875% -	12,890	12,735
VERIZON COMMUNICATIONS INC - 4	12,416	12,227
WELLS FARGO - 3.584% - 08/05/2	13,056	12,909

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

The Serenbetz Family Foundation Inc

EIN:

13-3993644

Name of Stock	End of Year Book Value	End of Year Fair Market Value
10X GENOMICS CLASS A	21,536	20,556
2U INC	20,386	10,798
ABBOTT LABS	2,835	3,519
ABBVIE INC	19,959	30,600
ACCENTURE PLC	4,541	6,633
ADOBE SYSTEMS, INC	27,088	31,755
ADVANCE AUTO PARTS INC	4,790	5,757
AERCAP HOLDING N.V	21,831	28,131
AIR PRODS & CHEM INC	14,407	14,604
ALEXANDRIA REAL ESTATE EQUITIE	3,991	4,682
ALLEGHANY CP	15,711	16,022
ALLEGION PLC	24,879	24,237
ALPHABET INC CL A	29,931	46,353
AMAZON COM	35,651	36,678
AMERICAN EXPRESS CO	15,038	14,888
AMERICAN TOWER REIT INC	34,994	44,168
AMERISOURCEBERGEN CORP	6,611	7,442
AMGEN INC	4,544	4,274
ANALOG DEVICES INC	39,814	44,294
ANSYS INC	18,709	19,655
APPLE INC	3,355	4,617
ARMSTRONG WORLD INDU	13,430	34,372
ASPEN TECHNOLOGY, INC	20,876	21,460
AUTODESK, INC	29,643	28,681
AVALONBAY CMNTYS INC	4,633	5,557
AXALTA COATING SYSTEMS LTD	25,320	27,324
BANK NEW YORK MELLON CORP COM	13,149	14,927
BANK OF AMERICA CORP	21,787	23,179
BARCLAYS BANK PLC RTY SPX 07/1	100,000	98,000
BARCLAYS BANK PLC UO TC-CYN ND	100,000	96,700
BARCLAYS BANK PLC UO TC-CYN RT	100,000	95,700
BARCLAYS BNK PLC 1/0TC-CYN RTY	100,000	100,900
BARCLYS BNK PLC L/0 LC-CYN RTY	100,000	100,400
BARON EMERGING MARKETS FUND RE	300,000	358,066
BECTON DICKINSON & CO	8,884	9,305
BENTLEY SYSTEMS INC CL B	31,780	25,518
BERKLEY W R CP	26,964	29,084
BEST BUY INC	19,702	17,475
BIO RAD LABS INC CL A	18,175	23,423
BLACK KNIGHT, INC	30,684	33,902
BLACKROCK INC	20,864	21,973
BLACKSTONE REAL ESTATE INCOME	452,250	462,710
BLOCK INC	70,358	51,522
BOFA FINANCE L/O TC-CYN NDX RT	100,000	97,700
BOFA FINANCE LLC L/0 TCCYN N	100,000	100,700
BOFA FINANCE LLC TC-CYN MXEF R	100,000	95,600
BOFA FINANCIAL TC-CNY RTY SPX	100,000	96,900
BOSTON PPTYS INC	2,551	2,419
BRIGHT HORIZONS FAMILY SOLUTIO	21,130	18,378
BRISTOL-MYERS SQUIBB CO	20,236	18,830
BROADCOM INC	8,167	23,289
BROADRIDGE FINANCIAL	16,687	30,531
CADENCE DESIGN SYSTEMS INC	24,178	34,288
CANNAE HOLDINGS INC	21,181	16,977
CAPITAL ONE FINANCIAL CORP	9,415	8,415
CARDINAL HEALTH INC	13,413	13,645
CARMAX INC	11,415	29,823
CDW CORP	32,655	35,632
CHARLES RIV LABORATORIES INTL	47,893	44,837
CHARLES SCHWAB CORP	9,879	11,269
CHEMED CORP	18,036	19,574
CHEVRON CORP	13,741	14,669
CHUBB LIMITED	9,243	10,632
CHURCHILL DOWNS INC	24,499	46,494
CIGNA CORPORATION	5,595	6,200
CISCO SYSTEMS INC	7,850	14,512
CITIGROUP GLBL VO TC-CYN MXEF	100,000	93,400
CITIGROUP GLOBAL MARKETS UO TC	100,000	93,400
CITIGROUP INC	12,252	10,387
CITIGRP GLBL MRKTS 1/0 TC-CYN	100,000	97,600
CITIZENS FINANCIAL GROUP, INC	10,100	15,026
CITRIX SYSTEMS INC	20,189	18,256
CME GROUP, INC	18,593	19,419
CMS ENERGY CP	6,077	6,635
COINBASE GLOBAL	53,738	51,483
COMCAST CORP	23,166	20,434
CONOCOPHILLIPS	20,313	23,819
COOPER COMPANIES INC	31,236	31,002
COPART INC	32,619	47,760
CORNING INC	4,855	4,468
CRISPR THERAPEUTICS AG	48,340	27,129
CUMMINS INC	5,288	7,199
CVS CAREMARK CORP	12,051	14,752
DANAHER CORP	32,486	46,061
DCT INDUSTRIAL TRUST INC	13,089	10,207
DECKERS OUTDOOR CORPORATION	7,694	35,532
DEERE CO	8,813	8,915
DOCUSIGN INC	17,853	14,926
DOVER CORP	15,020	18,160
DRAFTKINGS	32,322	19,339
DYNATRACE	20,210	26,976
EASTMAN CHEMICAL CO	7,793	15,960
EATON CORP PLC	12,609	14,863
ECOLAB INC	21,718	23,459
EDITAS MEDICINE INC	18,015	9,000
EDWARDS LIFESCIENCES	18,481	27,724
ELANCO ANIMAL HEALTH INCORPORA	20,844	17,000
ELI LILLY & CO	8,617	10,773
ENPHASE ENERGY ORD SHS	13,602	13,355
ENTEGRIS INC MINNESOTA	14,011	49,889
ENTERGY CORP	1,124	1,239
EOG RESOURCES INC	12,313	12,880
EQUIFAX INC	31,640	34,256
ETSY INC	17,248	20,799
EVEREST RE GROUP LTD	10,017	11,779
EXACT SCIENCES CORPORATION	54,807	37,514
EXPONENT, INC	17,562	17,860
FAIR ISSAC & CO INC	14,163	13,010
FIDELITY NATIONAL INFORMATION	12,263	9,278
FIRST INDUSTRIAL REALTY TRUST	7,076	26,281
FIRST TRUST IPOX-100 INDEX FUN	388,600	612,549
FONAR CORP CL A NON VTG NEW
FORTIVE CORPORATION	26,465	28,914
GALLAGHER ARTHUR J & CO	7,008	8,314
GAP INC	6,222	3,583
GCP APPLIED TECHNOLOGIES INC	22,829	27,513
GEN DYNAMICS CP	12,408	13,551
GENERAL MILLS INC	8,768	9,635
GENUINE PARTS COMPANY	13,164	18,647
GILEAD SCIENCES INC	15,823	17,063
HANOVER INS GROUP	21,538	23,853
HARTFORD FINANCIALSERVICES GRO	7,260	7,732
HASBRO INC	11,055	16,895
HAYWARD HOLDINGS INC	24,498	25,705
HENRY JACK & ASSOC INC	37,119	39,076
HIGHWOODS PRPTY INC	8,828	9,721
HOME DEPOT INC	28,782	42,331
IDEXX CORP	28,427	38,849
INTEL CORP	1,539	1,391
INTELLIA THERAPEUTICS INC	32,417	54,036
INTERACTIVE BROKERS GROUP, INC	21,581	25,494
INTERNATIONAL BUSINESS MACHINE	7,209	6,817
INTERPUBLIC GROUP OF COS	9,757	18,650
INTUIT	27,513	47,598
INVITAE CORP	62,665	23,455
IRIDIUM COMMUNICATIONS INC	13,587	14,493
ISHARE MSCI EMU INDX	299,898	340,816
JEFFERIES GROUP INC	9,939	14,666
JOHNSON & JOHNSON	36,102	38,149
KEYCORP	11,037	14,549
LAMB WESTON HOLDINGS INC	20,709	28,711
LENNOX INTL INC	25,297	24,976
LORD ABBETT SHORT DURATION INC	859,788	832,363
LPL FINANCIAL HOLDINGS INC	25,322	26,735
LYONDELLBASELL INDUSTRIES NV	9,401	9,223
M.D.C. HLDGS	9,872	10,273
MARSH AND MCLENNAN COMPANIES I	3,078	3,824
MARTIN MARIETTA MATLS INC	10,614	29,515
MARVELL TECHNOLOGY, INC	19,013	34,384
MBIA INC	13,616	18,680
MCDONALD'S CORP	11,253	12,867
MEDTRONIC PLC	16,364	13,552
MERCK & CO INC	14,924	14,792
METLIFE INC	8,222	8,061
MICROSOFT CORP	46,627	67,600
MONDELEZ INTERNATIONAL INC	10,874	11,472
MONOLITHIC POWER SYSTEMS, INC	21,191	29,600
MORGAN STANLEY	16,624	17,963
MORGAN STANLEY TC-CYN NDX RTY	100,000	97,750
MORGAN STANLEY TC-CYN RTY SPX	100,000	97,900
MSCI INC	59,452	67,396
NETAPP, INC	8,341	17,202
NEW MARKET CORP	17,965	20,563
NEXTERA ENERGY, INC	13,496	17,178
NIKE INC-CL B	23,419	27,667
NORDSON CP	30,919	32,419
NORFOLK SOUTHERN CORP	14,666	16,076
NORTHERN TRUST CORPORATION	4,351	4,665
NORTHROP GRUMMAN CORP	12,227	12,773
NUTRIEN LTD	15,787	21,282
NVIDIA CORP	19,741	39,999
OLD REP INTL CORP	11,928	14,011
OMNICOM GROUP	15,012	14,068
ONEMAIN HOLDINGS INC	9,939	8,307
ONEOK INC	9,480	9,989
OPPENHEIMER INTERNATIONAL BOND	301,867	246,171
PACIFIC BIOSCIENCES OF CALIF	18,511	14,874
PAGERDUTY ORD SHS	19,930	17,479
PALANTIR TECHNOLOGIES INC	23,524	20,687
PARKER HANNIFIN CP	12,174	13,043
PDL BIOPHARMA INC	4,242
PEPSICO INC	7,648	9,033
PERRIGO CO PLC	18,306	14,121
PFIZER INC	4,963	7,440
PHILIP MORRIS INTL	17,909	17,005
PNC FINANCIAL GROUP INC	19,583	20,654
POOL CORP	42,494	46,412
PORTLAND GEN ELEC	7,382	9,208
POST HOLDINGS INC	23,158	32,128
PPG INDUSTRIES INC	15,744	15,520
PROCTER GAMBLE CO	10,554	12,759
PROGRESSIVE CORP OHIO	5,664	6,262
PROLOGIS	6,312	8,418
PUBLIC SVC ENTERPRISE GROUP IN	4,425	4,805
RAYTHEON TECHNOLOGIES CORP	19,241	18,847
REALTY INCOME CORP	1,378	1,432
REGIONS FINANCIAL CORP	11,863	11,816
REPUBLIC SVCS INC	4,697	5,996
REYNOLDS CONSUMER PRODUCTS INC	18,687	19,468
ROBINHOOD	32,340	17,831
ROKU INC	71,116	51,345
ROLLINS INC	15,669	14,231
SCOTTS CO. CLASS A	41,605	38,479
SEAGATE TECHNOLOGY HOLDINGS PL	4,446	5,536
SENSATA TECHNOLOGIES HOLDINGS	16,303	21,777
SERVICE NOW	25,485	30,508
SHOPIFY INC	28,353	33,057
SITEONE LANDSCAPE SUPPLY INC	37,473	44,822
SNAP ON INC	9,580	9,692
SPOTIFY TECHNOLOGY SA	42,876	34,870
STAG INDUSTRIAL INC	5,268	8,249
STARBUCKS CORP COM	25,498	28,424
STORE CAPITAL CORPORATION	20,672	30,891
STRATASYS, INC	15,683	13,176
SYSCO CORP	14,368	14,610
T ROWE PRICE CAPITAL APPRECIAT		545,322
T. ROWE PRICE GROUP	9,588	9,439
TARGET CORPORATION	2,375	7,175
TELADOC INC	85,109	43,523
TELECOM SAO PAULO	19,549	19,431
TELEDYNE TECH INC	12,686	12,233
TERADYNE INC	34,501	41,373
TESLA MOTORS INC	54,414	78,202
TEXAS INSTRUMENTS INC	27,036	35,809
THE COCA-COLA CO	6,956	7,520
THERMO FISHER SCIENTIFIC INC	30,144	41,369
THOR INDS INC	30,123	26,669
TJX COMPANIES INC	10,776	12,527
TOTALENERGIES SE	13,321	13,552
TRANE TECHNOLOGIES PLC	2,915	3,232
TRUIST FINANCIAL CORPORATION	8,278	9,134
TWEEDY BROWNE GLOBAL VALUE FUN	300,000	344,949
TWILIO INC	47,029	37,921
TWITTER INC	40,817	28,828
UIPATH ORD SHS CLASS A	31,345	25,835
UNIFIRST CP	15,311	17,884
UNITED PARCEL SERVICE	12,886	13,932
UNITEDHEALTH GROUP INC	54,376	75,321
UNITY SOFTWARE INC	27,188	40,180
US BANCORP	9,036	8,650
V F CORP	5,208	4,686
VALERO ENERGY CORP	3,764	3,455
VANGUARD DEVELOPED MARKETS IDX	375,000	501,124
VANGUARD DIVIDEND GROWTH FD	200,000	459,883
VANGUARD EQUITY INCOME - ADMIR	254,732	543,893
VANGUARD INFORMATION TECHNOLOG	130,365	985,065
VANGUARD INTL VALUE FUND	350,000	389,294
VANGUARD SHORT-TERM CORPORATE	300,477	308,161
VANGUARD SMALL CAP VALUE INDEX	91,849	318,169
VANGUARD WELLINGTON ADMIRAL FU	201,954	300,923
VENTAS INC	4,353	3,885
VERACYTE INC	17,512	14,914
VERISK ANALYTICS, INC	33,603	39,342
VERIZON COMMUNICATIONS	8,679	7,950
VIRTUS EMERGING MARKETS OPPORT	530,447	467,113
VISA INC	39,149	40,525
WAL-MART STORES INC	10,986	11,575
WALGREENS BOOTS ALLIANCE	9,387	10,380
WEST PHARMA SVCS INC	22,983	37,052
WESTERN ASSET SMASH SERIES C F	80,730	80,242
WESTERN ASSET SMASH SERIES EC	225,390	224,908
WESTERN ASSET SMASH SERIES M F	109,724	108,683
WHIRLPOOL CORP	12,698	19,711
WHITE MTN INS LTD	14,396	24,334
XCEL ENERGY INC	8,420	8,395
ZEBRA TECHNOLOGIES CORP	50,139	52,378
ZOOM VIDEO COMMUNICATIONS INC	60,341	40,828

- TIN:

TY 2021 InvestmentsGovtObligationsSch

Name:

The Serenbetz Family Foundation Inc

EIN:

13-3993644

US Government Securities - End of Year Book Value:

183,694

US Government Securities - End of Year Fair Market Value:

186,061

State & Local Government Securities - End of Year Book Value:

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

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

The Serenbetz Family Foundation Inc

EIN:

13-3993644

Category/ Item	Book Value	End of Year Fair Market Value
ALT INV PTNS ABSOLUTE RTN	412,240	441,792
BLACKSTONE PRIVATE CREDIT FUND	892,296	933,848
CPG VINTAGE ACCESS FD II LLC	138,237	203,986
CPG VINTAGE ACCESS FD III LLC	237,532	298,094
CPG VINTAGE ACCESS FUND IV LP	100,000	98,256
IRONWOOD MULTI STRAT LLC	463,216	550,595
SKYBRIDGE MUL-AD SER G	467,825	451,825
THRESHER PARTNERS, L.P	1,955,492	2,538,129

- TIN:

TY 2021 OtherExpensesSchedule

Name:

The Serenbetz Family Foundation Inc

EIN:

13-3993644

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Administrative Fees	32,994		32,994
Bank Charges	18	18
K-1 Exp ALT INV PTNS ABSOLUTE	1,932	1,863
K-1 Exp THRESHER PARTNERS, L.P	1,641	1,641
Postage/Delivery Service	27		27
State or Local Filing Fees	1,033		1,033
Website Hosting/Support	369		369
REGISTERED AGENT FEE	149		149

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

The Serenbetz Family Foundation Inc

EIN:

13-3993644

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
K-1 Inc/Loss ALT INV PTNS ABSOLUTE RTN	5,470	5,470
K-1 Inc/Loss THRESHER PARTNERS, L.P	-24,007	-24,007

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

The Serenbetz Family Foundation Inc

EIN:

13-3993644

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment Management Services	58,707	58,707

- TIN:

TY 2021 TaxesSchedule

Name:

The Serenbetz Family Foundation Inc

EIN:

13-3993644

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
990-PF Estimated Tax for 2021	7,400
Foreign Tax Paid	210	210