TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2021

Open to Public Inspection

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

Name of foundation
EUGENE AND JANET LERNER FAMILY
FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)1205 W SHERWIN AVE 815
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60626

A Employer identification number

36-3674212

B Telephone number (see instructions)

(773) 719-3038

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$16,580,879J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	25		25
4	Dividends and interest from securities...	398,500		350,484
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		834,019
b	Gross sales price for all assets on line 6a 4,949,978
7	Capital gain net income (from Part IV, line 2)...			739,743
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).......		50,201	30,413
12	Total. Add lines 1 through 11........	1,282,745		1,120,665
13	Compensation of officers, directors, trustees, etc.	5,000		500	4,500
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		8,850	7,965	885
c	Other professional fees (attach schedule)....		111,610	97,826	0
17	Interest...............	19,275		0	0
18	Taxes (attach schedule) (see instructions)...		28,925	3,440	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		45,006	10,736	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	218,666		120,467	5,385
25	Contributions, gifts, grants paid.......	1,125,236			1,125,236
26	Total expenses and disbursements. Add lines 24 and 25	1,343,902		120,467	1,130,621
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-61,157
b	Net investment income (if negative, enter -0-)			1,000,198
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	795,553	584,094	584,094
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	6,391,348	6,453,596	11,335,515
	c	Investments—corporate bonds (attach schedule).......	3,483,260	3,439,556	3,445,854
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,306,986	1,292,232	1,215,416
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	11,977,147	11,769,478	16,580,879
	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)......	1,342,951	1,188,883
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	1,342,951	1,188,883
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	10,634,196	10,580,595
	29	Total net assets or fund balances (see instructions).....	10,634,196	10,580,595
	30	Total liabilities and net assets/fund balances (see instructions).	11,977,147	11,769,478

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

10,634,196

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

-61,157

Other increases not included in line 2 (itemize) bullet

7,743

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

10,580,782

Decreases not included in line 2 (itemize) bullet

187

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

10,580,595

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	P
b	PUBLICLY TRADED SECURITIES	P
c	PIPELINE MEDIA	P	2013-10-11	2021-12-31
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	4,276,734	3,607,638	669,096
b	602,597	602,597	0
c	70,647		70,647
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			669,096
b			0
c			70,647
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	739,743
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Form 990-PF (2021)

Page 4

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	13,903
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	13,903
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	15,231
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	15,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	30,231
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	34
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	16,294
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax16,294	Refunded	11	0

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

Yes

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

Yes

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

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

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

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

N/A

The books are in care of bullet

LAURA LERNER Telephone no. bullet

(773) 719-3038

Located at bullet

6350 N LAKEWOOD AVECHICAGOIL ZIP+4 bullet

60660

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

Yes

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2021? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2021, did the foundation have any undistributed income (lines 6d

and 6e, Part XII) for tax year(s) beginning before 2021?....................

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

Yes

If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2021.) .....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..

Form 990-PF (2021)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

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

5a(3)

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

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

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

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

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
LAURA LERNER	PRESIDENT 15.00	5,000
6350 N LAKEWOOD AVE CHICAGO,IL60660	PRESIDENT 15.00	5,000
SUSAN COHN	SECRETARY 5.00	0
720 N LARRABEE ST 503 CHICAGO,IL60610	SECRETARY 5.00	0
AARON COHN	TREASURER 5.00	0
1907 BOSWORTH LANE NORTHFIELD,IL60093	TREASURER 5.00	0
LEE COHN	DIRECTOR 5.00	0
10 LIBERTY STREET NO 17C NEW YORK,NY10005	DIRECTOR 5.00	0
DEAN LERNER	DIRECTOR 5.00	0
6773 E GELDING DRIVE SCOTTSDALE,IL85254	DIRECTOR 5.00	0

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


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









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

Form 990-PF (2021)

Page 7

Part VII

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

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
HIGHTOWER ADVISORS	INVESTMENT ADVISORY	111,610
500 LAKE COOK RD SUITE 210 DEERFIELD,IL600155266	INVESTMENT ADVISORY	111,610

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

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2021)

Page 8

Part IX

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

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

purposes:

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

14,604,879

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

748,072

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

1,043,465

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

16,396,416

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

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

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

1,265,917

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

15,130,499

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

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

226,957

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

14,903,542

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

745,177

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

745,177

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

13,903

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

17,637

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

31,540

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

713,637

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

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

713,637

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

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

713,637

Part XI

Qualifying Distributions (see instructions)

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

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

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7					713,637
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......	143,137
b From 2017......	379,844
c From 2018......	698,747
d From 2019......	626,868
e From 2020......	524,676
f Total of lines 3a through e ........		2,373,272
4Qualifying distributions for 2021 from Part
XI, line 4: $ 1,130,621
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.....					713,637
e Remaining amount distributed out of corpus		416,984
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		2,790,256
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) ...		143,137
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		2,647,119
10 Analysis of line 9:
a Excess from 2017....	379,844
b Excess from 2018....	698,747
c Excess from 2019....	626,868
d Excess from 2020....	524,676
e Excess from 2021....	416,984

Form 990-PF (2021)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2021)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ARZA 633 THIRD AVENUE NEW YORK,NY10017		PC	CHARITY	25,000
BET TZEDEK 3250 WILSHIRE BLVD SUITE 1301 LOS ANGELES,CA90010		PC	CHARITY	5,000
BIRTHRIGHT ISRAEL FOUNDATION PO BOX 21615 NEW YORK,NY10087		PC	CHARITY	60,000
CAL POLY FOUNDATION 1 GRAND AVENUE HERON HALL 117/116 SAN LUIS OBISPO,CA93407		PC	CHARITY	15,000
CENTRAL TEXAS FOOD BANK 6500 METROPLOIS DR AUSTIN,TX78744		PC	CHARITY	10,000
CONQUER CANCER FOUNDATION 2318 MILL ROAD 800 ALEXANDRIA,VA22314		PC	CHARITY	10,000
DESERT LABRADOR RETRIEVER RESCUE PO BOX 10575 GLENDALE,AZ85318		PC	CHARITY	5,000
DUKE UNIVERSITY 300 W MORGAN ST SUITE 1000 DURHAM,NC27701		PC	CHARITY	5,000
EVANSTON ANIMAL SHELTER 2310 OAKTON ST EVANSTON,IL60202		PC	CHARITY	5,000
FIDV BEIT HALOCHEM 1133 BROADWAY SUITE 232 NEW YORK,NY10010		PC	CHARITY	5,000
FISHER HOUSE FOUNDATION 111 ROCKVILLE PIKE SUITE 420 ROCKVILLE,MD208505168		PC	CHARITY	10,000
FRIENDS OF ELNET 5215 OLD ORCHARD RD 880 SKOKIE,IL60077		PC	CHARITY	50,000
FRIENDS OF THE IDF 29 E MADISON ST CHICAGO,IL606024550		PC	CHARITY	16,000
GLASA 27864 IRMA LEE CIRCLE 101 LAKE FOREST,IL60045		PC	CHARITY	5,000
HADASSAH 60 REVERE DR 800 NORTHBROOK,IL60062		PC	CHARITY	10,000
HUMAN CONNECTIONS 210 S LINDEN AVE WESTMONT,IL605592013		PC	CHARITY	20,000
ISRAEL CANCER RESEARCH FUND 1 NORTHFIELD PLAZA 235 NORTHFIELD,IL60093		PC	CHARITY	45,000
ISRAEL SPORTS CENTER FOR THE DISABLES 1 NORTHFIELD PLAZA 300 NORTHFIELD,IL60093		PC	CHARITY	100,000
JEWISH COALITION FOR DISASTER RELIEF 711 THIRD AVE FLOOR 10 NEW YORK,NY100174014		PC	CHARITY	10,000
JEWISH NATIONAL FUND 78 RANDALL AVE ROCKVILLE CENTRE,NY11570		PC	CHARITY	20,000
JEWISH UNITED FUND 30 S WELLS ST CHICAGO,IL60606		PC	CHARITY	285,000
JUDD GOLDMAN ADOPTIVE SAILING 875 MICHIGAN AVE 3718 CHICAGO,IL60611		PC	CHARITY	15,000
KESHET 600 ACADEMY DR 130 NORTHBROOK,IL60062		PC	CHARITY	100,000
LEARNING DISABILITIES ASSOCIATION OF ILLINOIS 10101 SOUTH ROBERTS ROAD SUITE 205 PALOS HILLS,IL604651556		PC	CHARITY	15,000
LOS ANGELES COUNTY MUSEUM OF ART (LACMA 5905 WILSHIRE BLVD LOS ANGELES,CA90036		PC	CHARITY	5,000
MAX MCGRAW 14N322 IL ROUTE 25 DUNDEE,IL60118		PC	CHARITY	32,436
NADD 132 FAIR STREET KINGSTON,NY12401		PC	CHARITY	5,000
NATURAL RESOURCES DEFENSE COUNCIL 40 W 20TH ST FLOOR 11 NEW YORK,NY10011		PC	CHARITY	5,000
NEW ISRAEL FUND 235 MONTGOMERY ST 920 SAN FRANCISCO,CA941043000		PC	CHARITY	38,000
NORTHWESTERN HILLEL 629 FOSTER ST EVANSTON,IL60201		PC	CHARITY	2,500
NORTHWESTERN UNIVERSITY DEPT OF MATH 1201 DAVIS ST EVANSTON,IL60208		PC	CHARITY	10,000
OLIN SANG RUBY UNION INSTITUTE CAMP 1121 LAKE COOK ROAD SUITE D DEERFIELD,IL60015		PC	CHARITY	41,800
OPENDORMEDIA 1110 W OAKLAND BLVD 288 SUNRISE,FL333516808		PC	CHARITY	10,000
PLANNED PARENTHOOD FEDERATION OF AMERICA POBOX 97166 WASHINGTON,DC200907166		PC	CHARITY	10,000
PROJECT 613 2836 W JARVIS AVE CHICAGO,IL60645		PC	CHARITY	5,000
RIVENDELL THEATRE ENSEMBLE 5779 N RIDGE AVE CHICAGO,IL60660		PC	CHARITY	3,000
SEMPER FI FUND 825 COLLEGE BLVD SUITE 102 PMB 609 OCEANSIDE,CA92057		PC	CHARITY	10,000
SHORE COMMUNITY 8350 LARAMIE AVE SKOKIE,IL60077		PC	CHARITY	1,500
SOCIAL GOOD FUND PO BOX 5473 RICHMOND,CA94805		PC	CHARITY	10,000
ST BALDRICKS FOUNDATION 1333 SOUTH MAYFLOWER AVENUE 400 MONROVIA,CA91016		PC	CHARITY	20,000
ST MARY'S FOOD BANK 2831 N 31ST AVE PHOENIX,AZ85009		PC	CHARITY	5,000
TEMPLE BETH ISRAEL 3601 W DEMPTSTER ST SKOKIE,IL60076		PC	CHARITY	20,000
UMRC FOUNDATION 805 WEST MIDDLE ST CHELSEA,MI48118		PC	CHARITY	5,000
UNITED WAY OF METROPOLITAN CHICAGO 333 S WABASH AVE 30TH FLOOR CHICAGO,IL60604		PC	CHARITY	5,000
WBEZ 848 E GRAND AVE CHICAGO,IL60611		PC	CHARITY	10,000
WORLD ASSISSTANCE FOR CAMBODIA PO BOX 2716 GPO NEW YORK,NY10116		PC	CHARITY	15,000
WTTW 5400 N ST LOUIS AVE CHICAGO,IL60625		PC	CHARITY	10,000
Total ................................. 3a				1,125,236

bApproved for future payment

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

Form 990-PF (2021)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	25
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 ............	901101	94,276	18	739,743
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		162,080		1,120,665	0

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

1,282,745

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2021)

Page 13

Part XVI

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2021 AccountingFeesSchedule

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	8,850	7,965		885

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Name of Bond	End of Year Book Value	End of Year Fair Market Value
GOLDMAN SACHS GROUP INC MEDIUM TERM NTS CALLABLE QUARTERLY CMS SPREAD-LINKED	113,948	106,375
ROYAL CARIBBEAN CRUISES LTD (DOING BUSINESS AS ROYAL CARIBBEAN GROUP) 7.500	83,440	86,813
CENTRAL GARDEN & PET CO FXD RT SR NT 5.125% 02/01/28 B/E DTD 12/14/17 CLB	156,244	156,750
ICAHN ENTERPRISES L P / ICAHN ENTERPRISES FIN CORP GTD FXD RT SR NT 6.375%	102,300	101,750
AMC NETWORKS INC GTD FXD RT SR NT 5.000% 04/01/24 B/E DTD 03/30/16 CLB	101,343	100,750
CITIGROUP INC DEP SHS REPSTG 1/25TH PFD SER W 4.000% 12/10/70 B/E DTD 12/10	128,461	125,938
FREEPORT-MCMORAN COPPER & GOLD INC SR NT 5.250% 09/01/29 B/E DTD 08/15/19 C	52,164	54,750
GOLDMAN SACHS GROUP INC DEP SHS REPSTG 1/25TH INT SH FXD RATE RESET NON 4.9	25,373	25,938
PBF HLDG CO LLC / PBF FIN CORP SR NT 6.000% 02/15/28 B/E DTD 08/15/20 CLB	111,327	128,500
SCHWAB CHARLES CORP NEW NON CUM PERP PDF SER A FIXED TO FLTG RATE 7.602% 01	76,276	75,188
CENTENE CORP DEL SR NT 4.250% 12/15/27 B/E DTD 12/06/19 CLB	104,870	104,250
MURPHY OIL CORP NT 5.875% 12/01/27 B/E DTD 11/27/19 CLB	39,964	41,250
WEIBO CORP SR NT CONV ADR REPSTG CL A ORD SHS ISIN#US948596AC55 1.250% 11/1	97,000	97,000
COMMERCIAL METALS CO FXD RT 4.875% 05/15/23 B/E DTD 05/20/13 CLB	100,078	103,000
SCHWAB CHARLES CORP NEW DEP SHS REPSTG 1/100TH INT SH FIXED RESET NON CUM PE	25,964	25,500
MOUNTAIN STS TEL & TELEG CO DEB 7.375% 05/01/30 B/E DTD 05/01/90	54,401	62,843
FEDERAL NATL MTG ASSN PFD SER G VAR RATE	46,196	12,662
MGIC INVT CORP WIS SR NT 5.250% 08/15/28 B/E DTD 08/12/20 CLB	104,857	105,000
JPMORGAN CHASE & CO DEP SHS REPSTG 1/10TH PFD SER I FIXED TO FLOATING 6.275	146,790	150,750
FEDERAL NATL MTG ASSN NON CUM PFD SER Q	8,485	6,075
DANA INC SR NT 5.375% 11/15/27 B/E DTD 11/20/19 CLB	104,434	104,870
HERCULES INC JR SUB DEB 6.500% 06/30/29 B/E DTD 07/27/99	152,084	168,000
UNITED RENTALS NORTH AMER INC GTD FXD RT SR NT 5.500% 05/15/27 B/E DTD 11/0	157,539	156,000
SHOPKO STORES INC SR NT 9.250% 03/15/22 REG DTD 03/12/92 MAT	49,700	0
TWO HBRS INVT CORP FXD RT SR NT CONV 6.250% 01/15/22 B/E DTD 01/19/17	30,735	30,057
MURPHY OIL CORP GTD FXD RT NT 5.750% 08/15/25 B/E DTD 08/18/17 CLB	96,967	102,750
CDW CORP SR NT 4.250% 04/01/28 B/E DTD 09/26/19 CLB	103,768	103,250
BANK NEW YORK MELLON CORP DEPOSITARY SHS REPSTG 1/100TH INT PERP PFD SER G	50,558	53,338
GS FIN CORP MEDIUM TERM NTS LINKED 10.000% 06/28/34 B/E DTD 06/28/19 CLB	4,700	4,613
TRANSCANADA TR TR NT SER 2019-A 5.500% 09/15/79 B/E DTD 09/12/19 CLB	52,250	53,375
JPMORGAN CHASE BK NA COLUMBUS OHIO CTF DEP ACT/365 QUARTERLY 0.000% 03/24/2	113,406	112,088
EQM MIDSTREAM PARTNERS L P FXD RT SR NT 5.500% 07/15/28 B/E DTD 06/25/18 CL	67,875	81,938
DANA INC SR NT 5.625% 06/15/28 B/E DTD 06/19/20 CLB	53,699	53,125
DILLARD DEPT STORES INC DEB 7.750% 05/15/27 B/E DTD 05/15/97	52,213	59,238
COMMERCIAL METALS CO FXD RT SR NT 5.375% 07/15/27 B/E DTD 07/11/17 CLB	52,758	52,000
CDK GLOBAL INC FXD RT SR NT FULLY EXCHANGED FROM CUSIP 12508EAE1 4.875% 06/	104,714	103,500
ICAHN ENTERPRISES L P / ICAHN ENTERPRISES FIN CORP SR NT 6.250% 05/15/26 B/	52,266	52,063
ZIONS BANCORPORATION FXD TO FLTG RATE NON CUMULATIVE PERPETUAL PREFERRED STO	26,713	26,625
BANK AMER CORP DEPOSITARY SHARES EACH REPRESENTING A 1/25TH INT IN A 6.500%	52,508	54,749
WESTERN DIGITAL CORP FXD RT SR NT 4.750% 02/15/26 B/E DTD 02/13/18 CLB	46,378	54,625
CITIGROUP INC MEDIUM TERM SR NTS FXD TO FLTNG RT LEVERAGED CALLABLE CMS CURV	86,520	83,150
RADIAN GROUP INC FXD RT SR NT 4.500% 10/01/24 B/E DTD 09/26/17 CLB	75,463	78,563
TRANSCANADA TR TR NT SER 2016-A ISIN #US89356BAB45 5.875% 08/15/76 B/E DTD	50,993	54,625
TRITON INTL LTD CUM REDM PREP SER C PFD STK 7.375% QTLY DIV CLLB ON OR ANYTM	46,492	54,480
CITIGROUP INC DEP SHS REPSTG 1/25TH PFD SER U FIXED/FLTG 5.000% 09/12/69 B/	25,242	25,750
EQM MIDSTREAM PARTNERS L P FXD RT SR NT 4.750% 07/15/23 B/E DTD 06/25/18 CL	50,100	52,000

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Name of Stock	End of Year Book Value	End of Year Fair Market Value
DANAHER CORP COM	53,986	121,734
VALE S A ADR ISIN#US91912E1055	90,072	105,430
AMAZON COM INC COM	21,853	73,355
MARSH & MCLENNAN COS INC COM	35,860	93,863
VERIZON COMMUNICATIONS INC COM	139,319	149,801
ALPHABET INC CAP STK CL C	84,310	434,039
VIATRIS INC COM	7,196	7,130
CARLISLE COS INC COM	37,181	59,549
PHILIP MORRIS INTL INC COM	111,563	130,150
MASTERCARD INC CL A	49,852	189,362
FIRSTENERGY CORP COM	44,177	65,296
LAM RESH CORP COM	47,224	64,724
CERNER CORP COM_C/A EFF 06/08/22 1 OLD/ USD 95.00 PER SHARE	47,661	55,722
PUBLIC SVC ENTERPRISE GROUP INC COM	32,709	44,709
GOODYEAR TIRE & RUBR CO COM	35,571	95,727
HOME DEPOT INC COM	65,693	352,759
NICE SYSTEMS LTD SPONS ADR	12,178	63,756
ALCOA CORP COM	20,677	125,714
FREEPORT-MCMORAN INC CL B	22,601	110,585
NOVARTIS AG SPONSORED ADR	23,046	26,241
MARATHON PETE CORP COM	30,276	38,394
STMICROELECTRONICS NV SHS N Y REGISTRY	58,464	73,328
EXXON MOBIL CORP COM	77,558	98,516
TAIWAN SEMICONDUCTOR MFG CO SPONSORED ADR ISIN#US8740391003	160,709	320,025
UNION PAC CORP COM	36,943	100,772
SOUTHERN CO COM	85,685	122,758
QUALCOMM INC COM	221,560	318,194
MORGAN STANLEY COM NEW	125,241	150,185
NORDSON CORP COM	2,852	10,211
STANLEY BLACK & DECKER INC COM	26,393	48,098
ULTA SALON COSMETICS & FRAGRANCE INC	36,519	57,728
HONEYWELL INTL INC COM	54,106	120,936
CUMMINS INC COM	39,926	56,716
NORFOLK SOUTHN CORP COM	22,907	35,725
OTIS WORLDWIDE CORP COM	17,071	26,121
PPL CORP COM	51,722	61,022
GOLDMAN SACHS GROUP INC COM	159,890	256,309
TC ENERGY CORPORATION REGISTERED SHS ISIN#CA87807B1076	118,778	125,299
GENERAL DYNAMICS CORP COM	76,042	120,913
PFIZER INC COM	92,385	175,379
DUPONT DE NEMOURS INC COM	5,355	6,866
MGM RESORTS INTL COM	21,493	58,793
FIRST SOLAR INC COM	32,334	61,884
TEREX CORP NEW COM	68,144	153,825
AIR PRODS & CHEMS INC COM	64,131	82,150
MAGNA INTERNATIONAL INC COM ISIN#CA5592224011	30,636	63,943
TENCENT HLDGS LTD ADR ISIN#US88032Q1094	107,511	81,037
ORGANON & CO COM	744	609
WHITING PETROLEUM C/A EFF 07/01/2022 1 OLD/ USD 6.25 AND 0.5774 NEW CU 67421	353	3,234
KROGER CO COM	45,898	63,817
EMERSON ELEC CO COM	23,684	37,188
CARRIER GLOBAL CORP COM	12,205	32,544
ALCON SA ACT NOM ISIN#CH0432492467	28,231	41,123
BROOKFIELD ASSET MANAGEMENT REINSURANCE PARTNERS LTD REGISTERED SHS ISIN#BMG	823	1,002
UNITED PARCEL SVC INC CL B	75,527	92,166
SKYWORKS SOLUTIONS INC COM	48,477	48,093
COTY INC COM CL A	27,211	92,505
FIVE BELOW INC COM	44,196	68,274
JPMORGAN CHASE & CO COM	24,566	44,338
MARVELL TECHNOLOGY INC COM	27,974	54,244
SANOFI SPONS ADR ISIN#US80105N1054	41,850	46,593
GLENCORE PLC ADR ISIN#US37827X1000	25,904	30,240
3M CO COM	138,003	186,512
CORTEVA INC COM	1,868	4,019
APPLE INC COM	22,751	127,850
MARTIN MARIETTA MATLS INC COM	35,327	61,673
MCDONALDS CORP COM	163,659	238,582
ZIMMER BIOMET HLDGS INC COM	52,990	47,005
GENERAL MTRS CO COM	371	2,521
CANOPY GROWTH CORP COM ISIN# CA1380351009	33,530	31,206
CDW CORP COM	85,751	253,927
AT&T INC COM	20,737	13,850
ADYEN B V PARTS SOCIALES ISIN#NL0012969182	16,330	52,568
BHP GROUP PLC C/A EFF 01/31/2022 1 OLD / NEW CU 088606108 BHP GROUP LTD	81,976	112,368
VIRTU FINL INC CL A	85,982	80,436
YELLOW CORP NEW COM	51,969	176,260
DOW INC COM	34,012	53,033
TUTOR PERINI CORP COM	64,443	113,309
TJX COS INC NEW COM	78,491	170,061
MONDELEZ INTL INC CL A	38,093	44,428
MERCK & CO INC NEW COM	92,233	97,333
SOUTHERN COPPER CORP DEL COM	53,890	55,539
CROWDSTRIKE HLDGS INC CL A	59,316	122,850
DOLLAR GEN CORP NEW COM	37,594	42,449
INFOSYS LTD SPONSORED ADR REPSTG 1 EQUITY SHS ISIN#US4567881085	9,305	32,397
AMGEN INC COM	11,660	20,247
CISCO SYS INC COM	72,769	118,502
DICKS SPORTING GOODS INC OC-COM	30,801	93,142
INTERNATIONAL BUSINESS MACHS CORP COM	36,835	48,118
NOVO NORDISK A.S. ADR FORMERLY NOVO INDUSTRIE A.S. ADR SAME CUSIP	20,303	44,800
BROOKFIELD ASSET MGMT INC VTG SHS CL A ISIN#CA1125851040	78,752	145,516
AMERICOLD RLTY TR INC COM	54,873	61,317
AMPHENOL CORP NEW CL A	7,678	20,116
ELANCO ANIMAL HEALTH INC COM	37,202	37,008
ELEVANCE HEALTH INC COM	62,091	74,166
NATIONAL STORAGE AFFILIATES TR COM SHS BEN INT	33,694	38,337
RELIANCE STL & ALUM CO COM	41,912	97,332
ABIOMED INC COM	26,929	53,876
KYNDRYL HLDGS INC COM	1,615	1,303
LILLY ELI & CO COM	34,260	77,342
CHEMOURS CO COM	702	1,342
CATERPILLAR INS COM	44,298	70,292
WESTERN DIGITAL CORP COM	48,386	86,077
RESMED INC COM	15,057	23,443
CLEVELAND-CLIFFS INC NEW COM	15,900	21,770
M D C HLDGS INC COM	40,487	51,252
BAIDU COM INC SPONS ADR REPSTG ORD SHS CL A ISIN#US0567521085	24,080	28,270
MOSAIC CO NEW COM	19,592	69,150
ACCENTURE PLC IRELAND CLASS SHS ISIN#IE00B4BNMY34	31,559	70,474
COINBASE GLOBAL INC COM CL A	149,761	151,422
FEDEX CORP COM	9,925	15,518
UNITEDHEALTH GROUP INC COM	20,125	120,514
CEMEX S A B DE C V SPONSOR ADR NEW REP ORD PARTN CTF NEW FOR A & B SHS ISIN#	13,431	22,781
AGILENT TECHNOLOGIES INC COM	20,269	39,913
JOHNSON CTLS INTL PLC SHS ISIN#IE00BY7QL619	45,716	57,730
AMETEK INC NEW COM	42,677	51,464
SHOPIFY INC CL A ISIN#CA82509L1076	139,095	502,747
XILINX INC C/A EFF 02/15/22 1 OLD 1.7234 NEW CU 007903107 ADVANCED MICRO DEV	43,654	103,895
LABORATORY CORP AMER HLDGS COM NEW	45,635	53,416
WILLIS TOWERS WATSON PUB LTD CO SHS ISIN#IE00BDB6Q211	58,664	66,497
TARGET CORP COM	52,953	127,292
ROYAL BK CDA MONTREAL QUE ISIN# CA7800871021	18,556	25,474
JOHNSON & JOHNSON COM	74,398	95,799
MASCO CORP COM	21,049	32,301
LVMH MOET HENNESSY LOUIS VUITTON ADR ISIN#US5024413065	69,978	74,475
TERNIUM S A SPONS ADR ISIN#US8808901081	17,546	30,464
L3HARRIS TECHNOLOGIES INC COM	78,013	130,290
WALMART INC COM	100,117	104,177
VISA INC COM CL A	43,463	69,347
KBR INC COM	28,024	49,049
CHEVRON CORP NEW COM	75,488	86,839

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
NORTH BY NORTHWEST INVESTORS, LLC	AT COST	522,766	522,766
ASPHALT PLUS	AT COST	64,086	64,086
OWMN LTD.	AT COST	25,424	25,424
OB TOOLS	AT COST	431,189	431,189
ECA MARCELLUS TRUST I (ECT)	AT COST	82,518	12,600
ENERGY TRANSFER - SERIES A	AT COST	117,349	108,601
ENERGY TRANSFER - SERIES G	AT COST	48,900	50,750

- TIN:

TY 2021 OtherDecreasesSchedule

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Description	Amount
NONDEDUCTIBLE EXPENSE	187

- TIN:

TY 2021 OtherExpensesSchedule

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Description	Revenue and Expenses per Books	Net Investment Income
MISCELLANEOUS EXPENSE	6,350	5,566
K-1 DEDUCTIONS	38,605	5,170
BANK FEES	41	0
ANNUAL FILING FEES	10	0

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
ECA MARCELLUS	6,736	6,736	6,736
ETP OPERATING SERIES A	3,905	3,905	3,905
OWMN	15,609	0	15,609
NORTH BY NORTHWEST	2,458	0	2,458
SUBSTITUTE PAYMENTS IN LIEU	11,775	11,775	11,775
SUBSTITUTE PAYMENTS IN LIEU	1,659	0	1,659
ETP LP SERIES A	3,906	3,906	3,906
ETP LP SERIES G	3,563	3,563	3,563
PERSHING OTHER INCOME	438	438	438
PERSHING OTHER INCOME	62	0	62
BYLINE OTHER INCOME	90	90	90

- TIN:

TY 2021 OtherIncreasesSchedule

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Description	Amount
NONDIVIDEND DISTRIBUTIONS	1,927
TAX EXEMPT INCOME	5,816

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES	111,610	97,826		0

- TIN:

TY 2021 TaxesSchedule

Name:

EUGENE AND JANET LERNER FAMILY

FOUNDATION INC

EIN:

36-3674212

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL EXCISE TAX	25,000	0		0
FOREIGN TAX PAID	3,925	3,440		0