Form990-PF
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Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
Reynolds Family Foundation
 
% 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

38-3739715
B Telephone number (see instructions)

(800) 839-1754
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$75,688,587J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,221 1,221  
4 Dividends and interest from securities... 854,469 854,469  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,402,998
b Gross sales price for all assets on line 6a 11,048,506
7 Capital gain net income (from Part IV, line 2)... 5,569,079
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 313,379 107,157  
12 Total. Add lines 1 through 11........ 6,572,067 6,531,926  
Operating and Administrative Expenses 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).......        
c Other professional fees (attach schedule).... Click to see attachment 75,843 75,843    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 32,555      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 177,648 68,721   105,860
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 286,046 144,564   105,860
25 Contributions, gifts, grants paid....... 2,903,100 2,903,100
26 Total expenses and disbursements. Add lines 24 and 25 3,189,146 144,564   3,008,960
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,382,921
b Net investment income (if negative, enter -0-) 6,387,362
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 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.............      
2 Savings and temporary cash investments......... 2,349,058 4,411,579 4,411,579
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 4,034,019 Click to see attachment4,104,957 4,171,235
b Investments—corporate stock (attach schedule)....... 28,080,509 Click to see attachment28,569,384 57,698,549
c Investments—corporate bonds (attach schedule)....... 2,991,718 Click to see attachment3,035,887 2,993,016
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,762,736 Click to see attachment3,579,154 6,414,208
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) 100,000    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 40,318,040 43,700,961 75,688,587
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 40,318,040 43,700,961
29 Total net assets or fund balances (see instructions)..... 40,318,040 43,700,961
30 Total liabilities and net assets/fund balances (see instructions). 40,318,040 43,700,961
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
40,318,040
2
Enter amount from Part I, line 27a .....................
2
3,382,921
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
43,700,961
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
43,700,961
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 Publicly-traded Securities      
b Passthrough K1 Capital Gain/(Loss)      
c DISTRIBUTIONS IN EXCESS OF BASIS      
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 11,048,506   5,548,729 5,499,777
b       66,413
c       2,889
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       5,499,777
b        
c        
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 5,569,079
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  
3 Add lines 1 and 2........................... 3 88,784
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 88,784
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 33,187
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 57,400
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 90,587
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 1,803
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet1,803 RefundedBullet 11  
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletFL
    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 ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Alison L Baird Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Timothy D Friedman Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Donald F Mintmire Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Patricia R Mintmire Managing Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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...................bullet  
    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
    Foundation Source Administrative 105,860
    55 Walls Drive 3rd Fl
    Fairfield,CT06824
    Atlantic Trust Company NA Investment MGMT 75,843
    1177 Ave of the Americas
    NEW YORK,NY10036
    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)
    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
    65,151,298
    b
    Average of monthly cash balances.......................
    1b
    2,082,110
    c
    Fair market value of all other assets (see instructions)................
    1c
    5,337,220
    d
    Total (add lines 1a, b, and c).........................
    1d
    72,570,628
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    72,570,628
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,088,559
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    71,482,069
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    3,574,103
    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
    3,574,103
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    88,784
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    88,784
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,485,319
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    100,000
    5
    Add lines 3 and 4............................
    5
    3,585,319
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    3,585,319
    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 3,585,319
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 2,965,706
    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: bullet$ 3,008,960
    a Applied to 2020, but not more than line 2a 2,965,706
    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..... 43,254
    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 ..........     		3,542,065
    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)
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AIDS FOUNDATION OF CHICAGO
    200 W MONROE ST STE 1150
    CHICAGO,IL60606     		N/A PC General & Unrestricted 21,000
    ALEXANDRIA HOUSE
    426 S ALEXANDRIA AVE
    LOS ANGELES,CA90020     		N/A PC General & Unrestricted 1,000
    ALEXS LEMONADE STAND FOUNDATION
    333 E LANCASTER AVE 414
    WYNNEWOOD,PA19096     		N/A PC General & Unrestricted 10,000
    AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC
    9450 SW GEMINI DR PMB 62825
    BEAVERTON,OR97008     		N/A PC General & Unrestricted 1,000
    AMERICAN CIVIL LIBERTIES UNION FOUNDATION OF FLORI
    4343 W FLAGLER ST STE 400
    CORAL GABLES,FL33134     		N/A PC General & Unrestricted 100,000
    AMERICANS UNITED FOR SEPARATION OF CHURCH AND STAT
    1310 L ST NW STE 200
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 1,000
    ANN & ROBERT H LURIE CHILDRENS HOSPITAL OF CHICAGO
    225 EAST CHICAGO AVE BOX 4
    CHICAGO,IL60611     		N/A PC 2021 Children's Research Fund 25,000
    ANTI DEFAMATION LEAGUE FOUNDATION
    605 THIRD AVE
    NEW YORK,NY10158     		N/A PC Educational Program 5,000
    AQUARIUM OF THE PACIFIC
    100 AQUARIUM WAY
    LONG BEACH,CA90802     		N/A PC General & Unrestricted 2,000
    ART INSTITUTE OF CHICAGO
    111 S MICHIGAN AVE
    CHICAGO,IL60603     		N/A PC General & Unrestricted 500
    CALIFORNIA SCIENCE CENTER FOUNDATION
    700 EXPOSITION PARK DR
    LOS ANGELES,CA90037     		N/A PC General & Unrestricted 2,000
    CAPITAL REGION COMMUNITY FOUNDATION
    330 MARSHALL ST
    LANSING,MI48912     		N/A PC The Camp Grayling Officers Club 1,000
    CENTER FOR CHILD COUNSELING INC
    8895 N MILITARY TRAIL STE 300C
    PALM BEACH GARDENS,FL33410     		N/A PC General & Unrestricted 100,000
    CENTER FOR CREATIVE EDUCATION
    2400 METROCENTRE BLVD
    WEST PALM BCH,FL33407     		N/A PC General & Unrestricted 2,500
    CENTER FOR THE STUDY OF YOUNG PEOPLE IN GROUPS - T
    6500 WILSHIRE BLVD 1107
    LOS ANGELES,CA90048     		N/A PC General & Unrestricted 2,000
    CENTRAL INSTITUTE FOR THE DEAF
    825 S TAYLOR AVE
    SAINT LOUIS,MO63110     		N/A PC Robin M. Feder Endowed Scholarship Fund 5,000
    CENTRAL INSTITUTE FOR THE DEAF
    825 S TAYLOR AVE
    SAINT LOUIS,MO63110     		N/A PC General & Unrestricted 25,000
    CHICAGO DANCERS UNITED
    200 WEST MONROE ST STE 1150
    CHICAGO,IL60606     		N/A PC General & Unrestricted 10,000
    CHICAGO HORTICULTURAL SOCIETY - CHICAGO BOTANIC GA
    1000 LAKE COOK RD
    GLENCOE,IL60022     		N/A PC General & Unrestricted 15,000
    CHICAGO PUBLIC EDUCATION FUND
    200 W ADAMS ST STE 1175
    CHICAGO,IL60606     		N/A PC General & Unrestricted 2,500
    CHICAGO PUBLIC LIBRARY FOUNDATION
    200 W MADISON ST FL 3
    CHICAGO,IL60606     		N/A PC Charitable Event 5,000
    CHICAGO PUBLIC MEDIA INC
    NAVY PIER 848 EAST GRAND AVE
    CHICAGO,IL60611     		N/A PC General & Unrestricted 1,000
    CHICAGO SURVIVORS INC
    1010 W 35TH ST
    CHICAGO,IL60609     		N/A PC General & Unrestricted 500
    CHILDRENS DEFENSE FUND
    840 1ST ST NE STE 300
    WASHINGTON,DC20002     		N/A PC General & Unrestricted 5,000
    DANIEL MURPHY SCHOLARSHIP FUND
    309 WEST WASHINGTON STE 1250
    CHICAGO,IL60606     		N/A PC General & Unrestricted 500
    ENGAGING SCHOOLS INC
    23 GARDEN ST
    CAMBRIDGE,MA02138     		N/A PC General & Unrestricted 60,000
    EPILEPSY FOUNDATION OF NORTHERN CALIFORNIA
    909 MARINA VILLAGE PKWY 239
    ALAMEDA,CA94501     		N/A PC General & Unrestricted 1,000
    EVANS SCHOLARS FOUNDATION
    2501 PATRIOT BLVD
    GLENVIEW,IL60026     		N/A PC General & Unrestricted 2,500
    FAMILY FOCUS
    5467 S UNIVERSITY AVE
    CHICAGO,IL60615     		N/A PC Stronger Together 5,000
    FEW INITIATIVE FOR CHILDREN
    875 N MICHIGAN AVE STE 3850
    CHICAGO,IL60611     		N/A PC General & Unrestricted 500
    FLORIDAS CHILDREN FIRST INC
    1401 N UNIVERSITY DR STE 408
    CORAL SPRINGS,FL33071     		N/A PC General & Unrestricted 5,000
    FOUNDCARE INC
    2330 S CONGRESS AVE
    WEST PALM BCH,FL33406     		N/A PC Comprehensive AIDS Program (CAP) 50,000
    FRANCIS W PARKER SCHOOL
    330 W WEBSTER AVE
    CHICAGO,IL60614     		N/A PC General & Unrestricted 81,000
    FRANKLIN EDUCATION FORUM
    800 MAINE AVE SW NO 400
    WASHINGTON,DC20024     		N/A PC GENERAL AND UNRESTRICTED 25,000
    FRIENDS OF THE JOHN C FREMONT LIBRARY
    6121 MELROSE AVE
    LOS ANGELES,CA90038     		N/A PC General & Unrestricted 2,000
    FRIENDS OF THE MOUNTS BOTANICAL GARDEN INC
    559 N MILITARY TRL
    WEST PALM BCH,FL33415     		N/A PC General & Unrestricted 1,000
    FRIENDS OF WLRN INC
    172 NE 15TH ST
    MIAMI,FL33132     		N/A PC 101.9 operations in Palm Beach County 5,000
    FULCRUM POINT NEW MUSIC PROJECT
    1235A N CLYBOURN BLVD 135
    CHICAGO,IL60610     		N/A PC General & Unrestricted 5,000
    GUS GIORDANOS JAZZ DANCE CHICAGO INC
    1754 N CLARK ST
    CHICAGO,IL60614     		N/A PC General & Unrestricted 10,000
    HARVARD LAMPOON TRUST UNDER DECLARATION OF TRUST
    PO BOX 380308
    CAMBRIDGE,MA02238     		N/A PC General & Unrestricted 10,000
    HIGH JUMP
    59 W N BLVD
    CHICAGO,IL60610     		N/A PC Light the Room 5,000
    HIGH JUMP
    59 W N BLVD
    CHICAGO,IL60610     		N/A PC General & Unrestricted 100,000
    HISTORICAL SOCIETY OF PALM BEACH COUNTY
    300 N DIXIE HWY STE 471
    WEST PALM BCH,FL33401     		N/A PC General & Unrestricted 2,500
    HOMEBOY INDUSTRIES
    130 BRUNO ST
    LOS ANGELES,CA90012     		N/A PC General & Unrestricted 20,000
    INTERNATIONAL BEETHOVEN PROJECT
    PO BOX 14149
    CHICAGO,IL60614     		N/A PC General & Unrestricted 10,000
    ISRAEL CANCER ASSOCIATION USA
    PO BOX 804
    PALM BEACH,FL33480     		N/A PC General & Unrestricted 5,000
    JACK THE BIKE MAN INC
    PO BOX 17565
    WEST PALM BEACH,FL33416     		N/A PC General & Unrestricted 5,000
    JEWISH FEDERATION OF PALM BEACH COUNTY INC
    1 HARVARD CIR SUITE 100
    WEST PALM BEACH,FL33409     		N/A PC General & Unrestricted 6,000
    KCRW FOUNDATION INC
    1900 PICO BLVD
    SANTA MONICA,CA90405     		N/A PC General & Unrestricted 2,000
    KEDREN COMMUNITY HEALTH CENTER INC KEDREN CHILD DE
    4211 AVALON BLVD
    LOS ANGELES,CA90011     		N/A PC Covid Vaccination Program 50,000
    LA GOAL
    4911 OVERLAND AVE
    CULVER CITY,CA90230     		N/A PC General & Unrestricted 1,000
    LAMBDA LEGAL DEFENSE AND EDUCATION FUND INC
    120 WALL ST 19TH FL
    NEW YORK,NY10005     		N/A PC General & Unrestricted 15,000
    LARCHMONT SCHOOLS
    1265 NORTH FAIRFAX AVE
    WEST HOLLYWOOD,CA90046     		N/A PC General & Unrestricted 85,000
    LEGAL AID CHICAGO
    120 S LA SALLE ST STE 900
    CHICAGO,IL60603     		N/A PC General & Unrestricted 1,000
    LEGAL SERVICES CORPORATION
    3333 K ST NW
    WASHINGTON,DC20007     		N/A PC General & Unrestricted 15,000
    LIVE LIKE KATIE FOUNDATION
    390 AMY CT
    GLEN ELLYN,IL60137     		N/A PC General & Unrestricted 25,000
    LOGGERHEAD MARINELIFE CENTER INC
    14200 US HWY 1
    JUNO BEACH,FL33408     		N/A PC General & Unrestricted 2,500
    LORDS PLACE INC
    2808 N AUSTRALIAN AVE
    WEST PALM BEACH,FL33407     		N/A PC General & Unrestricted 152,100
    LOS ANGELES YOUTH NETWORK LA YOUTH
    1853 TAFT AVE
    LOS ANGELES,CA90028     		N/A PC General & Unrestricted 5,000
    MARCH OF DIMES FOUNDATION
    111 WEST JACKSON BLVD SUITE 2200
    CHICAGO,IL60604     		N/A PC General & Unrestricted 500
    MEDIA MATTERS FOR AMERICA
    PO BOX 44811
    WASHINGTON,DC20026     		N/A PC General & Unrestricted 55,000
    MORGAN PRESSEL FOUNDATION INC
    7933 YORKSHIRE CT
    BOCA RATON,FL33496     		N/A PC General & Unrestricted 500
    MUSEUM OF SCIENCE AND INDUSTRY
    5700 S LAKE SHORE DR
    CHICAGO,IL60637     		N/A PC General & Unrestricted 1,000
    NAMI PALM BEACH COUNTY INC
    5205 GREENWOOD AVE STE 110
    WEST PALM BCH,FL33407     		N/A PC General & Unrestricted 10,000
    NATIONAL GIVING ALLIANCE
    137 N LARCHMONT BLVD 155
    LOS ANGELES,CA90004     		N/A PC General & Unrestricted 5,000
    NATIONAL PARKS CONSERVATION ASSOCIATION
    777 6TH ST NW STE 700
    WASHINGTON,DC20001     		N/A PC General & Unrestricted 1,000
    NORTHWESTERN UNIVERSITY
    1201 DAVIS ST 3RD FLOOR
    EVANSTON,IL60208     		N/A PC General and Unrestricted 100,000
    NOURISHING HOPE
    1716 W HUBBARD ST
    CHICAGO,IL60622     		N/A PC General & Unrestricted 1,500
    P S ARTS
    6701 CENTER DR W STE 550
    LOS ANGELES,CA90045     		N/A PC General & Unrestricted 25,000
    PALM BEACH CIVIC ASSOCIATION INC
    139 N COUNTY ROAD STE 33
    PALM BEACH,FL33480     		N/A PC General & Unrestricted 3,000
    PALM BEACH COUNTY FOOD BANK INC
    701 BOUTWELL RD STE A2
    LK WORTH BCH,FL33461     		N/A PC General & Unrestricted 150,000
    PALM BEACH DRAMAWORKS INC
    201 CLEMATIS ST
    WEST PALM BEACH,FL33401     		N/A PC General & Unrestricted 50,000
    PALM BEACH FELLOWSHIP OF CHRISTIANS
    PO BOX 507
    PALM BEACH,FL33480     		N/A PC General & Unrestricted 2,500
    PARK SCHOOL CORPORATION
    171 GODDARD AVE
    BROOKLINE,MA02445     		N/A PC General & Unrestricted 1,000
    PLANNED PARENTHOOD FEDERATION OF AMERICA INC
    123 WILLIAMS ST 10TH FL
    NEW YORK,NY10038     		N/A PC General & Unrestricted 100,000
    PLANNED PARENTHOOD OF ILLINOIS
    17 N STATE ST
    CHICAGO,IL60602     		N/A PC Resolve Campaign 50,000
    PLANNED PARENTHOOD OF ILLINOIS
    17 N STATE ST
    CHICAGO,IL60602     		N/A PC General & Unrestricted 50,000
    PLANNED PARENTHOOD OF SOUTH FLORIDA AND THE TREASU
    2300 N FLORIDA MANGO RD
    WEST PALM BCH,FL33409     		N/A PC Second Century Campaign 450,000
    PLANNED PARENTHOOD OF SOUTH FLORIDA AND THE TREASU
    2300 N FLORIDA MANGO RD
    WEST PALM BCH,FL33409     		N/A PC Charitable Event 7,500
    PLANNED PARENTHOOD OF SOUTH FLORIDA AND THE TREASU
    2300 N FLORIDA MANGO RD
    WEST PALM BCH,FL33409     		N/A PC Martin County Cocktails for a Cause 500
    PLANNED PARENTHOOD OF SOUTH FLORIDA AND THE TREASU
    2300 N FLORIDA MANGO RD
    WEST PALM BCH,FL33409     		N/A PC General & Unrestricted 300,000
    PRESERVATION FOUNDATION OF PALM BEACH INC
    311 PERUVIAN AVE
    PALM BEACH,FL33480     		N/A PC General & Unrestricted 1,000
    RAVINIA FESTIVAL ASSOCIATION
    418 SHERIDAN RD
    HIGHLAND PARK,IL60035     		N/A PC General & Unrestricted 2,500
    RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS IN
    701 OKEECHOBEE BLVD
    WEST PALM BCH,FL33401     		N/A PC General & Unrestricted 15,000
    RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS IN
    701 OKEECHOBEE BLVD
    WEST PALM BCH,FL33401     		N/A PC John H. Kessler Memorial Fund 500
    RELIGIOUS COALITION FOR REPRODUCTIVE CHOICE EDUCAT
    1413 K ST NW 14TH FL
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 2,500
    RESPIRATORY HEALTH ASSOCIATION
    1440 W WASHINGTON BLVD
    CHICAGO,IL60607     		N/A PC Charitable Event 500
    RUSH UNIVERSITY MEDICAL CENTER
    1201 W HARRISON ST STE 300
    CHICAGO,IL60607     		N/A PC Research and education programs led by Dr. Jochen 10,000
    SHARE OUR STRENGTH
    1030 15TH ST NW STE 1100W
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 5,000
    SHEDD AQUARIUM SOCIETY
    1200 S DUSABLE LAKE SHORE DRIVE
    CHICAGO,IL60605     		N/A PC Shedd Academy 25,000
    SIMMONS UNIVERSITY
    300 THE FENWAY
    BOSTON,MA02115     		N/A PC simmons school of social work scholarship program for masters degree candidates 10,000
    SKID ROW HOUSING TRUST
    1317 E 7TH ST
    LOS ANGELES,CA90021     		N/A PC General & Unrestricted 20,000
    SOCIETY OF THE FOUR ARTS
    2 FOUR ARTS PLZ
    PALM BEACH,FL33480     		N/A PC General & Unrestricted 5,000
    SOUTHERN CALIFORNIA COUNSELING CENTER
    5615 W PICO BLVD
    LOS ANGELES,CA90019     		N/A PC General & Unrestricted 1,000
    SOUTHERN POVERTY LAW CENTER INC
    400 WASHINGTON AVE
    MONTGOMERY,AL36104     		N/A PC General & Unrestricted 75,000
    START EARLY
    33 W MONROE ST STE 1200
    CHICAGO,IL60603     		N/A PC General & Unrestricted 2,500
    TEACH FOR AMERICA-CHICAGO
    300 WEST ADAMS ST SUITE 1000
    CHICAGO,IL60606     		N/A PC General & Unrestricted 30,000
    THE DIAN FOSSEY GORILLA FUND INTERNATIONAL
    800 CHEROKEE AVE SE
    ATLANTA,GA30315     		N/A PC General & Unrestricted 5,000
    THE EDIBLE SCHOOLYARD PROJECT - DBA CHEZ PANISSE F
    1517 SHATTUCK AVE
    BERKELEY,CA94709     		N/A PC General & Unrestricted 5,000
    TIDES FOUNDATION
    PO BOX 889389
    LOS ANGELES,CA90088     		N/A PC Movement Voter Fund 50,000
    TOWN OF PALM BEACH
    360 S COUNTY ROAD
    PALM BEACH,FL33480     		N/A GOV Palm Beach Fire Rescue Department 1,000
    TOWN OF PALM BEACH UNITED WAY INC
    44 COCOANUT ROW M201
    PALM BEACH,FL33480     		N/A PC $2,500 for Planned Parenthood of South Florida and the treasure coast; $22,500 general and unrestricted 25,000
    TREE ACADEMY
    8628 HOLLOWAY DR
    W HOLLYWOOD,CA90069     		N/A PC General & Unrestricted 10,000
    TRINITY COLLEGE
    300 SUMMIT ST
    HARTFORD,CT06106     		N/A PC General & Unrestricted 1,000
    UNITED STATES FUND FOR UNICEF - SOUTHEAST REGIONAL
    1447 PEACHTREE ST NE STE 310 STE 53
    ATLANTA,GA30309     		N/A PC $25,000 to be allocated to the K.I.N.D./Last Word desk program, $75,000 general program purposes 100,000
    UNIVERSITY OF CHICAGO
    5235 S HARPER COURT
    CHICAGO,IL60615     		N/A PC Charitable Event 2,500
    UNIVERSITY OF CHICAGO - SMART MUSEUM OF ART
    5550 SOUTH GREENWOOD AVE
    CHICAGO,IL60637     		N/A PC General & Unrestricted 500
    UNIVERSITY OF CHICAGO WOMEN'S BOARD
    5801 S ELLIS AVE ROOM 302
    CHICAGO,IL60637     		N/A PC General & Unrestricted 5,000
    UNIVERSITY OF KENTUCKY
    18 FUNKHOUSER BLDG
    LEXINGTON,KY40506     		N/A GOV College of Law Dean's Discretionary Fund 5,000
    WOLCOTT SCHOOL
    524 N WOLCOTT AVE
    CHICAGO,IL60622     		N/A PC General & Unrestricted 10,000
    Total .................................bullet 3a 2,903,100
    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 ...........     		    14 1,221  
    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 ............     		525990 6,401 18 5,396,597  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss     		525990 195,766 14 106,936  
    bSTATE TAX REFUND     01 10,146  
    cCLASS ACTION LAWSUIT PROCEEDS     01 31  
    dINTEREST INCOME FROM PRI     01   500
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 202,167 6,369,400 500
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    6,572,067
    (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.)
    11 INTEREST INCOME FROM PROGRAM RELATED INVESTMENT, GENERAL OPERATIONAL FUNDS TO SUPPORT THE EDUCATIONAL INSTITUTION, HIGH JUMP
    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


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    Form 990PF - Special Condition Description:
    Special Condition Description

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    TY 2021 DepreciationSchedule
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    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

    TY 2021 GeneralExplanationAttachment
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Identifier Return Reference Explanation
    PART I LINE 6A (990-PF) - RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF PART I LINE 6A (990-PF) PART I LINE 6A (990-PF) - RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $5,396,597 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $6,401 TOTAL PART I, LINE 6A: $5,402,998 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $11,048,506 BOOK BASIS: $5,721,211 NET GAIN/(LOSS): $5,327,295 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $66,413 DISTRIBUTIONS IN EXCESS OF BASIS NET GAIN/(LOSS): $2,889

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN EXPRESS CREDIT MTN BO 228,000 214,104
    APPLE INC NOTE CALL - 3.350% - 316,068 325,785
    BERKSHIRE HATHAWAY INC DEL - 3 433,552 400,924
    CISCO SYSTEMS INC - 3.625% - 0 206,132 212,212
    CITIBANK CCIT SER 2017-A7 - 1. 251,404 250,431
    GOLDMAN SACHS GROUP INC NOTE - 224,730 215,485
    JP MORGAN CHASE - 3.125% - 01/ 218,990 210,016
    MICROSOFT CORP - 3.125% - 11/0 283,192 293,351
    PFIZER INC NT - 3.400% - 05/15 263,147 264,234
    PROCTER &GAMBLE CO - 3.000% - 328,963 326,394
    WAL-MART STORES INC - 3.700% - 281,709 280,080

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 222,538 351,287
    ADOBE SYSTEMS, INC 107,099 392,406
    ALPHABET INC CL A 337,219 759,024
    ALPHABET INC CL C 198,206 923,055
    AMAZON COM 284,437 1,290,390
    AMERICAN TOWER REIT INC 103,843 217,035
    AMERICAN WATER WORKS COMPANY I 98,075 147,311
    ANALOG DEVICES INC 149,969 314,101
    APPLE INC 128,500 844,345
    ASTRAZENECA 322,308 346,821
    AT MID CAP EQUITY FUND INSTITU 2,646,884 4,786,317
    AUTOMATIC DATA PROCESSING INC 90,740 273,457
    BLACKROCK INC 117,026 262,766
    BOOKING HOLDINGS INC 399,669 412,668
    CHARLES SCHWAB CORP 254,359 507,039
    CHEVRON CORP 183,800 179,428
    CISCO SYSTEMS INC 236,970 508,164
    CME GROUP, INC 149,984 172,487
    COLGATE-PALMOLIVE COMPANY 4,600,192 9,968,394
    COSTCO WHOLESALE CORPORATION 219,269 379,791
    D R HORTON 103,423 118,753
    DANAHER CORP 101,653 470,155
    DOLLAR GENERAL CORP 184,125 280,874
    ECOLAB INC 171,951 230,367
    FHLMC 8.375% PFD PERP 498,648 53,382
    FIDELITY NATIONAL INFORMATION 168,219 278,987
    FISERV INC 124,168 248,785
    FNMA 8.25% PFD SER S 502,253 59,124
    HOME DEPOT INC 237,077 589,729
    HONEYWELL INTL 359,327 510,850
    INTERCONTINENTAL EXCHANGE, INC 138,780 258,769
    ISHARE SP SMALL CAP 600 INDEX 987,308 3,091,769
    ISHARES S&P 500 INDEX FD 2,010,174 6,200,869
    ISHARES TR DJ SEL DIVIDEND INX 504,338 1,323,972
    ISHARES TR S & P MIDCAP 400 IN 999,030 3,085,571
    ISHARES TRUST RUSSELL 1000 GRO 112,684 561,674
    JP MORGAN CHASE 134,713 477,742
    LINDE PLC COM 93,185 329,109
    MARTIN MARIETTA MATLS INC 230,224 276,647
    MATTHEWS PACIFIC TIGER FUND I 1,738,535 1,755,137
    MEDTRONIC PLC 184,728 242,383
    MFS INSTITUTIONAL INVESTORS TR 1,130,873 1,385,197
    MICROSOFT CORP 276,453 1,797,967
    MONDELEZ INTERNATIONAL INC 182,845 227,709
    NEXTERA ENERGY, INC 267,347 471,281
    OTIS WORLDWIDE CORP 204,670 312,146
    PEPSICO INC 147,211 261,781
    PIONEER NAT RES CO 297,436 336,114
    PNC FINANCIAL GROUP INC 264,539 380,988
    QUALCOMM INC 123,502 367,752
    RAYTHEON TECHNOLOGIES CORP 334,573 416,616
    ROPER INDUSTRIES 183,317 278,885
    S&P GLOBAL INC COM 289,472 419,546
    SALESFORCE.COM 356,204 478,273
    STANLEY BLACK & DECKER INC 329,354 332,160
    STRYKER CORPORATION 91,747 218,482
    T-MOBILE US INC 296,542 428,778
    TE CONNECTIVITY LTD 303,260 368,985
    THE BLACKSTONE GROUP INC CL A 187,351 487,283
    THERMO FISHER SCIENTIFIC INC 83,255 419,694
    TJX COMPANIES INC 117,997 185,245
    UNION PACIFIC 150,834 355,725
    UNITEDHEALTH GROUP INC 172,518 690,945
    US BANCORP 279,481 333,257
    VANGUARD SM-CAP ETF 844,748 1,469,065
    VIRTUS EMERGING MARKETS OPPTS 346,480 383,307
    VISA INC 376,247 733,130
    WALT DISNEY HOLDINGS CO 336,969 338,590
    ZOETIS INC 158,529 338,714

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    US Government Securities - End of Year Book Value:

    4,104,957
    US Government Securities - End of Year Fair Market Value:

    4,171,235
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2021 InvestmentsOtherSchedule2
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AP ENERGY INFRASTRUCTURE FD LL   2,943,226 4,759,308
    ELSTON LAND FUND LLC   610,698 600,000
    ENTERPRISE PRODUCTS PARTNERS L     713,700
    OMAHA VENTURES II LLC   8,888 91,200
    OMAHA VENTURES LLC   16,342 250,000

    TY 2021 OtherExpensesSchedule
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 105,860     105,860
    Bank Charges 201 201    
    K-1 Exp AP ENERGY INFRASTRUCTU 71,587 68,520    


    TY 2021 OtherIncomeSchedule2
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss AP ENERGY INFRASTRUCTURE FD LLC 251,956 95,322  
    K-1 Inc/Loss ELSTON LAND FUND LLC 10,698 10,698  
    K-1 Inc/Loss ENTERPRISE PRODUCTS PARTNERS LP 55,611 2  
    K-1 Inc/Loss OMAHA VENTURES II LLC 827 -784  
    K-1 Inc/Loss OMAHA VENTURES LLC -16,390 1,388  
    Class Action Lawsuit Proceeds 31 31  
    Interest Income from PRI 500 500  
    State Tax Refund 10,146    


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 75,843 75,843    


    TY 2021 TaxesSchedule
    Name:
    Reynolds Family Foundation
    EIN:
    38-3739715
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2021 20,500      
    990-T Extension for 2020 10,700      
    STATE INCOME TAX EXTS FOR 2020 1,355