Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 07-01-2021 , and ending 06-30-2022
Name of foundation
LEO POTISHMAN FOUNDATION XXXXX3002
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

75-6314202
B Telephone number (see instructions)

(800) 496-2583
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$27,593,329J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 6,252,467 6,252,467  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 901,864
b Gross sales price for all assets on line 6a 5,274,511
7 Capital gain net income (from Part IV, line 2)... 901,864
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 282,191 277,328  
12 Total. Add lines 1 through 11........ 7,436,522 7,431,659  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 218,523 102,510   116,013
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 10,382 10,382   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 162,231 7,138   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 86,038 86,038    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 477,174 206,068 0 116,013
25 Contributions, gifts, grants paid....... 6,185,000 6,185,000
26 Total expenses and disbursements. Add lines 24 and 25 6,662,174 206,068 0 6,301,013
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 774,348
b Net investment income (if negative, enter -0-) 7,225,591
c Adjusted net income (if negative, enter -0-)... 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 Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 198,501 199,514 199,514
2 Savings and temporary cash investments......... 79,468 308,591 308,591
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
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)....... 10,246,792 Click to see attachment9,425,489 10,256,150
c Investments—corporate bonds (attach schedule)....... 1,456,971 Click to see attachment1,554,059 1,498,391
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,684,505 Click to see attachment5,002,480 4,588,037
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment178,987 Click to see attachment178,987 Click to see attachment10,742,646
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,845,224 16,669,120 27,593,329
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 15,845,224 16,669,120
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 15,845,224 16,669,120
30 Total liabilities and net assets/fund balances (see instructions). 15,845,224 16,669,120
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
15,845,224
2
Enter amount from Part I, line 27a .....................
2
774,348
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
50,014
4
Add lines 1, 2, and 3 ..........................
4
16,669,586
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
466
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
16,669,120
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 7485.46 OAKMARK INTERNATIONAL-R6   2020-08-10 2021-07-15
b 10125.785 OAKMARK INTERNATIONAL-R6   2018-02-09 2021-07-15
c 642. VANGUARD FINANCIALS VIPERS   2021-02-11 2021-07-15
d 635. VANGUARD FINANCIALS VIPERS   2019-07-25 2021-07-15
e 2244. VANGUARD FINANCIALS VIPERS     2021-07-15
522. VANGUARD FINANCIALS VIPERS     2021-07-15
1. SECTOR SPDR TRUST   2021-02-23 2021-09-16
1145. SECTOR SPDR TRUST   2021-02-23 2021-09-16
1256. SECTOR SPDR TRUST   2021-02-23 2021-09-16
3885.484 FIDELITY INTL INDX-INST PRM     2021-10-07
14353.72 VANGUARD TTL BD MKT IDX-ADM   2021-04-09 2021-10-07
5214.518 VANGUARD TTL BD MKT IDX-ADM   2019-06-17 2021-10-07
14805.308 JPM MANAGED INCOME - INSTL FUND 2119   2021-09-16 2021-11-03
13196.895 VANGUARD TTL BD MKT IDX-ADM     2021-11-03
19436.879 JPM MANAGED INCOME - INSTL FUND 2119     2021-12-07
608.847 FIDELITY 500 INDEX FUND   2021-03-03 2021-12-09
13215.566 VANGUARD TTL BD MKT IDX-ADM     2021-12-09
1028.336 EDGEWOOD GROWTH FUND   2020-07-09 2021-12-17
70. INVESCO QQQ TRUST SERIES 1   2021-06-24 2022-02-15
309. INVESCO QQQ TRUST SERIES 1     2022-02-15
56. INVESCO QQQ TRUST SERIES 1   2020-03-26 2022-02-15
6469.071 T ROWE PR JAPAN FUND-I   2020-02-20 2022-02-24
11161.197 JPM MANAGED INCOME - INSTL FUND 2119   2021-07-15 2022-03-02
356. INVESCO QQQ TRUST SERIES 1   2020-03-26 2022-03-08
2419.618 PIMCO TOTAL RETURN FIND   2021-04-09 2022-03-08
6426.782 PIMCO TOTAL RETURN FIND   2019-02-01 2022-03-08
2266. VANGUARD EUROPEAN ETF     2022-03-25
27. SECTOR SPDR TRUST   2021-02-23 2022-04-04
3112. SECTOR SPDR TRUST   2021-02-23 2022-04-04
466.092 FIDELITY 500 INDEX FUND     2022-04-13
172. VANGUARD FINANCIALS VIPERS   2020-05-28 2022-04-13
1582. VANGUARD FINANCIALS VIPERS   2020-05-28 2022-04-13
2552. VANGUARD FINANCIALS VIPERS     2022-04-25
6097.134 T ROWE PR JAPAN FUND-I   2020-02-20 2022-04-27
4389.871 EDGEWOOD GROWTH FUND     2022-05-27
9095.435 DOUBLELINE TTL RTRN BND-R6     2022-05-27
32154.231 JPM MANAGED INCOME - INSTL FUND 2119   2021-07-15 2022-05-27
1231. ISHARES MSCI INDIA ETF   2018-02-09 2022-06-09
77. ISHARES MSCI INDIA ETF   2018-02-09 2022-06-09
9572.461 PIMCO COMMODITYPL STRAT-INS   2020-02-13 2022-06-24
74. VANGUARD EUROPEAN ETF   2021-05-11 2022-06-24
2494. VANGUARD EUROPEAN ETF     2022-06-24
1. JPM ACCESS MULTI-STRATEGY FUND II RIC ENDOWMENTS & FOUNDATIONS & OT   2021-01-01 2022-06-30
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 217,527   152,479 65,048
b 294,255   290,509 3,746
c 57,852   49,800 8,052
d 57,221   45,099 12,122
e 200,478   151,367 49,111
46,935   34,078 12,857
101   91 10
116,401   104,550 11,851
127,797   114,685 13,112
191,088   194,507 -3,419
161,192   160,762 430
58,559   56,578 1,981
148,201   148,497 -296
148,201   143,162 5,039
194,369   194,952 -583
98,852   80,806 18,046
148,279   135,353 12,926
63,819   47,540 16,279
24,834   24,536 298
109,518   108,307 1,211
19,848   10,536 9,312
93,284   95,548 -2,264
111,277   111,947 -670
115,108   66,979 48,129
23,761   24,849 -1,088
63,111   64,204 -1,093
140,474   154,738 -14,264
2,754   2,465 289
317,374   284,156 33,218
71,974   46,478 25,496
15,520   10,076 5,444
142,765   92,672 50,093
224,979   145,700 79,279
77,068   90,055 -12,987
178,229   201,274 -23,045
86,952   100,140 -13,188
320,256   322,507 -2,251
50,376   43,416 6,960
3,161   2,716 445
82,898   96,682 -13,784
3,940   4,951 -1,011
133,396   162,900 -29,504
364,630     364,630
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
      165,897
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       65,048
b       3,746
c       8,052
d       12,122
e       49,111
      12,857
      10
      11,851
      13,112
      -3,419
      430
      1,981
      -296
      5,039
      -583
      18,046
      12,926
      16,279
      298
      1,211
      9,312
      -2,264
      -670
      48,129
      -1,088
      -1,093
      -14,264
      289
      33,218
      25,496
      5,444
      50,093
      79,279
      -12,987
      -23,045
      -13,188
      -2,251
      6,960
      445
      -13,784
      -1,011
      -29,504
      364,630
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 901,864
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 100,436
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- ..... 5 100,436
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 144,423
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 144,423
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 43,987
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet43,987 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletJP MORGAN CHASE BANK NA Telephone no.bullet (800) 496-2583

    Located atbullet10 S DEARBORN ST MC IL 1-0111CHICAGOIL ZIP+4bullet60603
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    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)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JP MORGAN CHASE BANK NA TRUSTEE
    2     		218,523    
    10 S DEARBORN ST MC IL 1-0111
    CHICAGO,IL60603
    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...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    18,728,514
    b
    Average of monthly cash balances.......................
    1b
    3,072,816
    c
    Fair market value of all other assets (see instructions)................
    1c
    10,669,670
    d
    Total (add lines 1a, b, and c).........................
    1d
    32,471,000
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    32,471,000
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    487,065
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    31,983,935
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,599,197
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    1,599,197
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    100,436
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    100,436
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,498,761
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    50,010
    5
    Add lines 3 and 4............................
    5
    1,548,771
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,548,771
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,548,771
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 0
    b From 2017...... 4,207,769
    c From 2018...... 4,517,327
    d From 2019...... 2,985,771
    e From 2020...... 3,955,879
    f Total of lines 3a through e ........ 15,666,746
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 6,301,013
    a Applied to 2020, but not more than line 2a 0
    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..... 1,548,771
    e Remaining amount distributed out of corpus 4,752,242
    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 20,418,988
    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 ..........     		0
    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 ......     		20,418,988
    10 Analysis of line 9:
    a Excess from 2017.... 4,207,769
    b Excess from 2018.... 4,517,327
    c Excess from 2019.... 2,985,771
    d Excess from 2020.... 3,955,879
    e Excess from 2021.... 4,752,242
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JPMORGAN CHASE BANK N A ATTN ERI
    420 THROCKMORTON
    FORT WORTH,TX76102
    (817) 884-4165
    bThe form in which applications should be submitted and information and materials they should include:
    NAME OF ORGANIZATION AND ITS PURPOSE, AMOUNT REQUESTED, DIRECTORS, AND PURPOSE OF REQUEST.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ORGANIZATIONS DESCRIBED IN IRC SECTION 501(C)(3), NO GRANTS ARE MADE TO INDIVIDUALS.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    CENTER FOR TRANSFORMING
    LIVES
    512 W 4TH STREET
    FORT WORTH,TX76102     		NONE PC GENERAL 1,030,000
    COMMUNITIES IN SCHOOL
    OF GREATER TARRANT COUNTY
    5601 BRIDGE STREET STE 501
    FORT WORTH,TX76112     		NONE PC GENERAL 45,000
    FOLDS OF HONOR
    352 SEVETH AVENUE STE 400
    NEW YORK,NY10001     		NONE PC GENERAL 100,000
    TEXAS CHRISTIAN UNIVERSITY
    TCU BOX 297044
    FORT WORTH,TX76129     		NONE PC GENERAL 275,000
    MAKE A WISH FOUNDATION
    OF NORTH TEXAS
    4541 BELLAIRE DR S 102
    FORT WORTH,TX76109     		NONE PC GENERAL 25,000
    TEXAS WESLEYAN UNIVERSITY
    1201 WESLEYAN STREET
    FORT WORTH,TX76105     		NONE PC GENERAL 250,000
    PANTEGO CHRISTIAN ACADEMY
    2201 W PARK ROW DRIVE
    ARLINGTON,TX76013     		NONE PC GENERAL 130,000
    THE PARENTING CENTER
    2928 W 5TH STREET
    FORT WORTH,TX76107     		NONE PC GENERAL 10,000
    FORT WORTH ZOOLOGICAL ASSOCIATION
    1989 COLONIAL PARKWAY
    FORT WORTH,TX76110     		NONE PC GENERAL 1,000,000
    UNITED WAY OF TARRANT COUNTY
    1500 N MAIN ST STE 200
    FORT WORTH,TX76164     		NONE PC GENERAL 50,000
    PROJECTHANDUP GATEHOUSE
    2501 STONE MYERS PARKWAY
    GRAPEVINE,TX76051     		NONE PC GENERAL 500,000
    FORT WORTH OPERA ASSOCIATION INC
    3803 CAMP BOWIE BOULEVARD
    FORT WORTH,TX76107     		NONE PC GENERAL 50,000
    AMPHIBIAN STAGE NEIGHBORHOOD LEAP
    120 S MAIN ST
    FORT WORTH,TX76104     		NONE PC GENERAL 35,000
    SCOTTISH RITE FOR CHILDREN
    MENTAL HEALTH SERVICES
    2222 WELBORN STREET
    DALLAS,TX75219     		NONE PC GENERAL 25,000
    FORT WORTH CHAMBER FOUNDATION
    2222 WELBORN STREET
    DALLAS,TX75219     		NONE PC GENERAL 1,000,000
    LEGACY EARLY LEARNING ACADEMY
    2501 STONE MYERS PARKWAY
    GRAPEVINE,TX76051     		NONE PC GENERAL 25,000
    RONALD MCDONALD HOUSE-FT WORTH
    1004 7TH AVE
    FORT WORTH,TX76104     		NONE PC GENERAL 150,000
    Trinity Habitat For Humanity
    9333 N NORMANDALE ST
    Fort Worth,TX76116     		NONE PC GENERAL 35,000
    CASA MANANA INC
    3101 W LANCASTER AVE
    FORT WORTH,TX76107     		NONE PC GENERAL 100,000
    PRESBYTERIAN NIGHT SHELTER OF TARRA
    2400 CYPRESS ST
    FORT WORTH,TX76102     		NONE PC GENERAL 50,000
    HELPING RESTORE ABILITY
    4300 BELTWAY PLACE SUITE 130
    Arlington,TX76018     		NONE PC GENERAL 40,000
    HEROES FOR HEROES
    12700 PARK CENTRAL DR
    DALLAS,TX75251     		NONE PC GENERAL 100,000
    STAR SPONSORSHIP PROGRAM INC
    6707 BRENTWOOD STAIR RD
    FORT WORTH,TX76112     		NONE PC GENERAL 10,000
    DAY RESOURCE CENTER FOR THE
    HOMELESS
    1415 E LANCASTER AVE
    Fort Worth,TX76102     		NONE PC GENERAL 25,000
    FORT WORTH MUSEUM OF SCIENCE
    AND HISTORY
    1600 GENDY ST
    Fort Worth,TX76107     		NONE PC GENERAL 250,000
    UNION GOSPEL MISSION OF
    TARRANT COUNTY
    885 COMMERCIAL ST NE
    Salem,OR97301     		NONE PC GENERAL 100,000
    MEALS-ON-WHEELS INC OF TARRANT
    COUNTY
    320 SOUTH FWY
    Fort Worth,TX76104     		NONE PC GENERAL 50,000
    CAMP FIRE FIRST TEXAS
    GENERAL OPERATING SUPPORT
    2700 MEACHAM BLVD
    Fort Worth,TX76137     		NONE PC GENERAL 50,000
    TARRANT AREA FOOD BANK
    2600 CULLEN ST
    FORT WORTH,TX76107     		NONE PC GENERAL 100,000
    AMON CARTER MUSEUM
    3501 CAMP BOWIE BLVD
    FORT WORTH,TX76107     		NONE PC GENERAL 75,000
    FORT WORTH SYMPHONY ORCHESTRA
    ASSOCIATION INC
    330 E 4TH ST STE 200
    Fort Worth,TX76102     		NONE PC GENERAL 50,000
    JUNIOR ACHIEVEMENT-CHISHOLM TRAIL
    6300 RIDGLEA PLACE SUITE 400
    FORT WORTH,TX76116     		NONE PC GENERAL 50,000
    TEXAS BALLET THEATER INC
    1540 MALL CIR
    FORT WORTH,TX76116     		NONE PC GENERAL 300,000
    PERFORMING ARTS FORT WORTH INC
    4TH AND CALHOUN STREETS
    Fort Worth,TX76102     		NONE PC GENERAL 100,000
    Total .................................bullet 3a 6,185,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    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 ............     		    18 901,864  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aROYALTY INCOME     		    16 282,191  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   7,436,522  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    7,436,522
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    LEO POTISHMAN FOUNDATION XXXXX3002
    EIN:
    75-6314202
    Name of Bond End of Year Book Value End of Year Fair Market Value
    921937603 VANGUARD TOT BD MKT 638,319 628,086
    808524870 SCHWAB U.S. TIPS ETF 262,007 257,963
    693390700 PIMCO TOTAL RETURN F 138,016 124,338
    258620566 DOUBLELINE TTL RTRN 146,021 129,746
    922020805 VANGUARD SHORT-TERM 369,696 358,258

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    LEO POTISHMAN FOUNDATION XXXXX3002
    EIN:
    75-6314202
    Name of Stock End of Year Book Value End of Year Fair Market Value
    957255102 WESTBROOK THOMPSON-U   1,200
    315911750 FIDELITY 500 INDEX-I 1,572,334 2,261,662
    701769408 PARNASSUS CORE EQUIT 808,082 967,864
    315911727 FIDELITY INTL INDX-I 1,041,631 930,365
    46434G822 ISHARES MSCI JAPAN E 497,467 414,293
    464288182 ISHARES MSCI ALL COU 138,084 141,514
    46429B598 ISHARES MSCI INDIA E 153,490 171,338
    46090E103 INVESCO QQQ TRUST SE 352,912 585,505
    46434G103 ISHARES CORE MSCI EM 737,121 709,211
    92189F106 VANECK GOLD MINERS E 235,279 158,694
    92204A405 VANGUARD FINANCIALS    
    0075W0759 EDGEWOOD GROWTH FUND 312,063 294,371
    464287598 ISHARES RUSSELL 1000 928,915 957,527
    577130818 MATTHEWS CHINA FUND- 195,850 182,636
    77956H286 T ROWE PR JAPAN FUND    
    77956H385 T ROWE PRICE NEW ASI 211,304 185,675
    81369Y209 HEALTH CARE SELECT S 532,388 682,237
    413838574 OAKMARK INTERNATIONA 435,853 408,712
    81369Y704 INDUSTRIAL SELECT SE    
    922042874 VANGUARD FTSE EUROPE 631,583 546,634
    46429B671 ISHARES MSCI CHINA E 247,353 222,961
    808509855 SCHWAB S&P 500 INDEX 64,157 52,985
    92189H607 VANECK OIL SERVICES 329,623 380,766

    TY 2021 InvestmentsOtherSchedule2
    Name:
    LEO POTISHMAN FOUNDATION XXXXX3002
    EIN:
    75-6314202
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    HFGAPBWF1 JPM ACCESS MULTI-STR AT COST 3,643,222 3,263,663
    72201P175 PIMCO COMMODITYPL ST AT COST 602,146 657,575
    464285204 ISHARES GOLD TRUST AT COST 210,338 219,550
    191912708 COHEN & STEERS RL ES AT COST 546,774 447,249

    TY 2021 OtherAssetsSchedule
    Name:
    LEO POTISHMAN FOUNDATION XXXXX3002
    EIN:
    75-6314202
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    MINERAL INTEREST   0 588,178
    XXX-XX-XXXX COLFAX CO NM 1/2 M. 1 1 1
    XXX-XX-XXXX H G PILLOW SVY ETC H 1 1 1
    XXX-XX-XXXX RESERVOIR MINERALS,   0 627,879
    XXX-XX-XXXX BALMORHEA RANCHES, I 178,985 178,985 9,526,587


    TY 2021 OtherDecreasesSchedule
    Name:
    LEO POTISHMAN FOUNDATION XXXXX3002
    EIN:
    75-6314202
    Description Amount
    MUTUAL FUND ADJUSTMENT 466


    TY 2021 OtherExpensesSchedule
    Name:
    LEO POTISHMAN FOUNDATION XXXXX3002
    EIN:
    75-6314202
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MINERAL INT-PRODUCTION TAX 15,358 15,358   0
    MINERAL INT-AD VALOREM TAX 2,789 2,789   0
    ROYALTY - OTHER EXPENSES 67,891 67,891   0


    TY 2021 OtherIncomeSchedule2
    Name:
    LEO POTISHMAN FOUNDATION XXXXX3002
    EIN:
    75-6314202
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTY INCOME 282,191 282,191  
    K-1 LOSS   -4,863  


    TY 2021 OtherIncreasesSchedule
    Name:
    LEO POTISHMAN FOUNDATION XXXXX3002
    EIN:
    75-6314202
    Description Amount
    ROUNDING 4
    RECOVERY OF PRIOR YEAR GRANTS 50,010


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    LEO POTISHMAN FOUNDATION XXXXX3002
    EIN:
    75-6314202
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMNT MNGMNT FEES (NON-DED 10,382 10,382    


    TY 2021 TaxesSchedule
    Name:
    LEO POTISHMAN FOUNDATION XXXXX3002
    EIN:
    75-6314202
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX PAYMENT - PRIOR YE 52,037 0   0
    FEDERAL ESTIMATES - INCOME 103,056 0   0
    FOREIGN TAXES ON QUALIFIED FOR 4,799 4,799   0
    FOREIGN TAXES ON NONQUALIFIED 2,339 2,339   0