Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
The Memton Fund Inc
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

13-6096608
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$16,058,089J 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 873 873  
4 Dividends and interest from securities... 230,416 230,416  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 670,528
b Gross sales price for all assets on line 6a 2,042,233
7 Capital gain net income (from Part IV, line 2)... 670,528
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 203 203  
12 Total. Add lines 1 through 11........ 902,020 902,020  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 8,753     8,753
16a Legal fees (attach schedule)......... Click to see attachment 6,498 0 0 6,498
b Accounting fees (attach schedule)....... Click to see attachment 9,600 2,800 0 6,800
c Other professional fees (attach schedule).... Click to see attachment 65,930 65,930    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 11,341 909    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 119     119
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 43,658 122   43,536
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 145,899 69,761 0 65,706
25 Contributions, gifts, grants paid....... 580,250 580,250
26 Total expenses and disbursements. Add lines 24 and 25 726,149 69,761 0 645,956
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 175,871
b Net investment income (if negative, enter -0-) 832,259
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......... 1,044,487 1,073,552 1,073,552
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) 273,994 Click to see attachment177,530 166,785
b Investments—corporate stock (attach schedule)....... 7,375,505 Click to see attachment7,756,304 10,208,010
c Investments—corporate bonds (attach schedule)....... 519,185 Click to see attachment486,842 490,893
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,400,164 Click to see attachment1,294,978 4,118,849
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,613,335 10,789,206 16,058,089
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 10,613,335 10,789,206
29 Total net assets or fund balances (see instructions)..... 10,613,335 10,789,206
30 Total liabilities and net assets/fund balances (see instructions). 10,613,335 10,789,206
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
10,613,335
2
Enter amount from Part I, line 27a .....................
2
175,871
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
10,789,206
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
10,789,206
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 CSOFF - COOPER SQUARE OFFSHORE FUND, LDT P 2017-10-01 2021-04-01
c SEGPART - SEG PARTNERS OFFSHORE, LTD P 2008-12-31 2021-04-01
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 1,742,233   1,266,519 475,714
b 100,000   74,043 25,957
c 200,000   31,143 168,857
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       475,714
b       25,957
c       168,857
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 2 670,528
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 11,568
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 11,568
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 8,200
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 3,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 11,700
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 10 132
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet132 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    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 addressbulletN/A
    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)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Frank B ArismanClick to see attachment Dir, Assistant Treas
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Mary Ann ArismanClick to see attachment Dir, Assistant Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Elizabeth DrumwrightClick to see attachment Dir, Sec*
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Robert V EdgarClick to see attachment Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    E 'Shepi' Shepard FarrarClick to see attachment Dir, Pres
    2.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Ellen W LevyClick to see attachment Dir, Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Ron LevyClick to see attachment VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Samuel 'Toma' Thomas MilbankClick to see attachment Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Samuel L 'Tony' MilbankClick to see attachment Treas, Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Thomas L MilbankClick to see attachment Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Nathalie Milbank NolteClick to see attachment Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Karen QuackenbushClick to see attachment Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Pamela WhiteClick to see attachment Dir
    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
    Fiduciary Trust International INVESTMENT MGMT 65,930
    280 PARK AVENUE
    NEW YORK,NY10017
    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
    10,561,498
    b
    Average of monthly cash balances.......................
    1b
    1,075,391
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,193,644
    d
    Total (add lines 1a, b, and c).........................
    1d
    15,830,533
    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
    15,830,533
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    237,458
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    15,593,075
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    779,654
    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
    779,654
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    11,568
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,568
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    768,086
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    768,086
    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
    768,086
    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 7 768,086
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 638,641
    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$ 645,956
    a Applied to 2020, but not more than line 2a 638,641
    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..... 7,315
    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 ..........     		760,771
    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
    23 ARTS INITIATIVE INC
    2752 SALT POINT TPKE
    CLINTON CORS,NY12514     		N/A PC General & Unrestricted 1,500
    ACLU FOUNDATION OF MASSACHUSETTS INC
    ONE CENTER PLAZA STE 850
    BOSTON,MA02108     		N/A PC General & Unrestricted 1,000
    ADVOCATES FOR ACADEMIC EXCELLENCE IN EDUCATION INC
    2001 LEON C SIMON DR
    NEW ORLEANS,LA70122     		N/A PC General & Unrestricted 1,500
    ALASKA CONSERVATION FOUNDATION
    1227 W 9TH AVE STE 300
    ANCHORAGE,AK99501     		N/A PC General & Unrestricted 8,000
    ALIMA USA INC
    ONE WHITEHALL ST 2ND FLOOR
    NEW YORK,NY10004     		N/A PC General & Unrestricted 20,000
    ALL SOULS CHURCH
    PO BOX 451
    TANNERSVILLE,NY12485     		N/A PC Outreach Fund 6,000
    AMERICAN CAVE CONSERVATION ASSOCIATION
    119 E MAIN ST
    HORSE CAVE,KY42749     		N/A PC General & Unrestricted 2,000
    ANIMAL WELFARE LEAGUE OF ARLINGTON VA INCORPORATED
    2650 S ARLINGTON MILL DR
    ARLINGTON,VA22206     		N/A PC General & Unrestricted 2,000
    ARTS COUNCIL OF PRINCETON
    102 WITHERSPOON ST
    PRINCETON,NJ08542     		N/A PC General & Unrestricted 500
    BALTIMORE SAFE HAVEN
    416 N MONTFORD AVE
    BALTIMORE,MD21224     		N/A PC General & Unrestricted 5,000
    BARNARD COLLEGE
    3009 BROADWAY
    NEW YORK,NY10027     		N/A PC General & Unrestricted 4,000
    BOULDER DAY NURSERY
    1518 SPRUCE ST
    BOULDER,CO80302     		N/A PC General & Unrestricted 3,000
    BOUNTY & SOUL
    999 OLD US 70
    BLACK MOUNTAIN,NC28711     		N/A PC General & Unrestricted 5,000
    BUCKLEY SCHOOL IN THE CITY OF NEW YORK
    113 E 73RD ST
    NEW YORK,NY10021     		N/A PC Alumni Fund 500
    CAAHC COMMUNITY OUTREACH SAFEPOINT
    87 BROAD ST
    NEWVILLE,PA17241     		N/A PC General & Unrestricted 4,000
    CARVER CENTER FOUNDATION INC
    PO BOX 257
    RIDERWOOD,MD21139     		N/A PC General & Unrestricted 2,500
    CASCADE PUBLIC MEDIA
    PO BOX 84109
    SEATTLE,WA98124     		N/A PC General & Unrestricted 1,000
    CATHOLIC RELIEF SERVICES INC
    228 W LEXINGTON ST
    BALTIMORE,MD21201     		N/A PC General & Unrestricted 3,000
    CHILDRENS LAW CENTER OF WASHINGTON PS
    8201 164TH AVE NE STE 200
    REDMOND,WA98052     		N/A PC General & Unrestricted 5,000
    CITIZENS COMMITTEE TO SAVE OUR CANYONS
    3690 E FORT UNION BLVD STE 101
    COTTONWOOD HEIGHTS,UT84121     		N/A PC General & Unrestricted 4,250
    CLAY BEHAVIORAL HEALTH CENTER INC
    1726 KINGSLEY AVE STE 2
    ORANGE PARK,FL32073     		N/A PC General & Unrestricted 250
    COLORADO COLLEGE
    14 E CACHE LA POUDRE ST
    COLORADO SPRINGS,CO80903     		N/A PC SCHOLARSHIP FUND 2,000
    COMMUNITY ADOLESCENT RESOURCES AND EDUCATION CENTE
    247 CABOT ST
    HOLYOKE,MA01040     		N/A PC General & Unrestricted 3,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC SUGAR VOLUNTEERS INC 500
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC KIWANIS CLUB OF NORTH MANATEE Program 2,500
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC MANATEE COUNTY SHERIFF'S DEPARTMENT: DEPUTIES ASSISTING CITIZENS Program 5,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC General & Unrestricted 5,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC BIG BROTHERS BIG SISTERS OF THE SUN COAST INC 1,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC MOTE MARINE LABORATORY: Educational initiatives/ Scholarship Fund 5,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC HONOR SANTUARY INC., Educational outreach/ classes 5,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC BOYS & GIRLS CLUB OF SARASOTA COUNTY 1,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC SUGAR VOLUNTEERS INC. 7,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC THE FLORIDA SHERIFF'S ASSOCIATION: FLORIDA STATE YOUTH RANCHES Program 1,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC HABITAT FOR HUMANITY SARASOTA INC., Homes for Vets Program 1,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC WILLIAM MONROE ROWLETT ACADEMY: FHF and Library Program 15,000
    COVENANT HOUSE
    5 PENN PLZ
    NEW YORK,NY10001     		N/A PC Educational Program 3,000
    CRIME VICTIMS CENTER OF CHESTER COUNTY INC
    135 W MARKET ST 137
    WEST CHESTER,PA19382     		N/A PC General & Unrestricted 3,000
    CRISIS TEXT LINE INC
    PO BOX 1144
    NEW YORK,NY10159     		N/A PC General & Unrestricted 3,500
    CUNNEEN HACKETT CULTURAL CENTER INC
    9 VASSAR ST STE 2
    POUGHKEEPSIE,NY12601     		N/A PC Office Space support for Work Works Inc. 6,000
    DIVINE ALTERNATIVES FOR DADS SERVICES (DADS)
    5709 RAINIER AVE S
    SEATTLE,WA98118     		N/A PC General & Unrestricted 5,000
    DUBLIN SCHOOL INC
    18 LEHMANN WAY
    DUBLIN,NH03444     		N/A PC General & Unrestricted 1,500
    ELECTRIC EARTH CONCERTS
    PO BOX 44
    PETERBOROUGH,NH03458     		N/A PC General & Unrestricted 1,500
    END 68 HOURS OF HUNGER
    PO BOX 676
    SOMERSWORTH,NH03878     		N/A PC General & Unrestricted 5,000
    FRANZISKA RACKER CENTERS INC
    3226 WILKINS RD
    ITHACA,NY14850     		N/A PC Early childhood services program 2,000
    FRANZISKA RACKER CENTERS INC
    3226 WILKINS RD
    ITHACA,NY14850     		N/A PC Early Childhood Services 2,500
    FRIENDS ASSOCIATION FOR CARE & PROTECTION OF CHILD
    113 W CHESTNUT ST
    WEST CHESTER,PA19380     		N/A PC Early Childhood Services program 3,000
    FRIENDS OF GREAT SALT LAKE
    150 S 600 E
    SALT LAKE CITY,UT84102     		N/A PC General & Unrestricted 5,000
    FRIENDS OF THE WORLD FOOD PROGRAM INC
    1725 EYE ST NW STE 510
    WASHINGTON,DC20006     		N/A PC General & Unrestricted 16,000
    FUSION PARTNERSHIPS INC
    1601 GUILFORD AVE 2 S
    BALTIMORE,MD21202     		N/A PC The Baltimore Arts Resistance Support 5,000
    FUTURE BUSINESS LEADERS OF AMERICA PHI BETA LAMBDA
    1912 ASSOCIATION DR
    RESTON,VA20191     		N/A PC General & Unrestricted 5,000
    GREENWICH VILLAGE SOCIETY FOR HISTORIC PRESERVATIO
    232 EAST 11TH ST
    NEW YORK,NY10003     		N/A PC General & Unrestricted 15,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    121 HABITAT ST
    AMERICUS,GA31709     		N/A PC El Salvador Affiliate 20,000
    HEALTHY ENVIRONMENT ALLIANCE OF UTAH
    824 S 400 W STE B-111
    SALT LAKE CITY,UT84101     		N/A PC General & Unrestricted 4,250
    HELPFUL HEARTS COMMUNITY CLOSET INC
    51 SPENCER ST
    LYONS,NY14489     		N/A PC General & Unrestricted 7,000
    HISTORIC HARRISVILLE INC
    PO BOX 79
    HARRISVILLE,NH03450     		N/A PC General & Unrestricted 4,000
    HOLDERNESS SCHOOL
    PO BOX 1879
    PLYMOUTH,NH03264     		N/A PC General & Unrestricted 2,500
    HOOSIER HILLS FOOD BANK INC
    PO BOX 697
    BLOOMINGTON,IN47402     		N/A PC General & Unrestricted 3,000
    HOPALONG ANIMAL RESCUE
    PO BOX 27507
    OAKLAND,CA94602     		N/A PC General & Unrestricted 3,000
    HUNTER FOUNDATION INC
    PO BOX 563
    TANNERSVILLE,NY12485     		N/A PC Mountain Top Arboretum Project 500
    INSTITUTE OF INTERNATIONAL EDUCATION INC
    ONE WORLD TRADE CENTER 36TH FL
    NEW YORK,NY10007     		N/A PC Afghanistan or Turkey Scholarship Fund 5,000
    INSTITUTE OF INTERNATIONAL EDUCATION INC
    ONE WORLD TRADE CENTER 36TH FL
    NEW YORK,NY10007     		N/A PC Afghanistan and Turkey Scholarship Fund 10,000
    INTERNATIONAL ANTI-POACHING FOUNDATION INC
    1655 N FORT MYER DR 700
    ARLINGTON,VA22209     		N/A PC General & Unrestricted 11,000
    INTERNATIONAL CENTER OF PHOTOGRAPHY
    79 ESSEX ST
    NEW YORK,NY10002     		N/A PC General & Unrestricted 15,000
    JOURNEYS IN EDUCATION INC
    26 MAIN ST
    PETERBOROUGH,NH03458     		N/A PC General & Unrestricted 4,000
    LEAGUE OF WOMEN VOTERS LOTTE E SCHARFMAN MEMORIAL
    90 CANAL ST STE 414
    BOSTON,MA02114     		N/A PC General & Unrestricted 2,000
    LISTENERS COMMUNITY RADIO OF UTAH INC KRCL-FM
    535 W 300 N STE A
    SALT LAKE CITY,UT84116     		N/A PC General & Unrestricted 2,500
    MANNA SOUP KITCHEN INC
    48 ELM ST
    NORTHAMPTON,MA01060     		N/A PC General & Unrestricted 5,000
    MEDECINS SANS FRONTIERES USA INC - DOCTORS WITHOUT
    PO BOX 5030
    HAGERSTOWN,MD21741     		N/A PC General & Unrestricted 7,500
    MISS PORTERS SCHOOL INC
    60 MAIN ST
    FARMINGTON,CT06032     		N/A PC 50th Class Reunion Fund 5,000
    MISS PORTERS SCHOOL INC
    60 MAIN ST
    FARMINGTON,CT06032     		N/A PC General & Unrestricted 1,000
    MONADNOCK MUSIC
    PO BOX 3022
    PETERBOROUGH,NH03458     		N/A PC General & Unrestricted 4,000
    MULTICARE HEALTH FOUNDATION
    PO BOX 5299
    TACOMA,WA98415     		N/A PC Comfort Therapy Program 3,000
    MY SISTERS CLOSET OF MONROE COUNTY INC
    414 S COLLEGE AVE
    BLOOMINGTON,IN47403     		N/A PC General & Unrestricted 2,000
    NACKEY S LOEB SCHOOL OF COMMUNICATIONS INC
    749 E INDUSTRIAL PARK DR
    MANCHESTER,NH03109     		N/A PC Monadnock Ledger-Transcript 1,000
    NELSON CONGREGATIONAL CHURCH
    830 NELSON RD
    NELSON,NH03457     		N/A PC General & Unrestricted 1,000
    NEW 42ND STREET INC
    229 WEST 42ND ST 10TH FLOOR
    NEW YORK,NY10036     		N/A PC General & Unrestricted 5,000
    NEW ENGLAND PUBLIC MEDIA INC
    1525 MAIN ST
    SPRINGFIELD,MA01103     		N/A PC General & Unrestricted 1,000
    NEW HAMPSHIRE PUBLIC BROADCASTING
    268 MAST RD
    DURHAM,NH03824     		N/A PC General & Unrestricted 2,500
    NEW HAMPSHIRE PUBLIC RADIO INC
    2 PILLSBURY ST
    CONCORD,NH03301     		N/A PC General & Unrestricted 1,500
    NEW YORK CITY BALLET INC
    20 LINCOLN CENTER PLZ
    NEW YORK,NY10023     		N/A PC General & Unrestricted 4,000
    NEW YORK PUBLIC RADIO
    160 VARICK ST
    NEW YORK,NY10013     		N/A PC WNCN - The Greene Space and WQXR division 2,000
    NORTHAMPTON SURVIVAL CENTER INC
    265 PROSPECT ST
    NORTHAMPTON,MA01060     		N/A PC General & Unrestricted 5,000
    OLIVIA RODHAM MEMORIAL LIBRARY
    1 NELSON COMMON RD
    NELSON,NH03457     		N/A GOV General & Unrestricted 1,000
    OLYMPUS AQUATICS
    1917 E 3780 S
    SALT LAKE CTY,UT84106     		N/A PC General & Unrestricted 5,000
    ONTEORA HISTORIC PRESERVATION TRUST INC
    PO BOX 592
    TANNERSVILLE,NY12485     		N/A PC General & Unrestricted 1,000
    PACIFIC ISLANDERS IN COMMUNICATIONS
    615 PIIKOI ST STE 1504
    HONOLULU,HI96814     		N/A PC Projects and Programs for Micronesia 3,000
    PACIFIC PUBLIC MEDIA
    930 BROADWAY
    TACOMA,WA98402     		N/A PC NPR 1,000
    PEARL S BUCK INTERNATIONAL INC
    520 DUBLIN RD
    PERKASIE,PA18944     		N/A PC Philippines - Tutoring Program 3,500
    PENNSYLVANIA HOME OF THE SPARROW
    969 E SWEDESFORD RD
    EXTON,PA19341     		N/A PC General & Unrestricted 3,000
    PEOPLES PANTRY AT CHURCH ROAD
    384 LANCASTER AVE
    FRAZER,PA19355     		N/A PC General & Unrestricted 3,000
    PETERBOROUGH PLAYERS INC
    PO BOX 118
    PETERBOROUGH,NH03458     		N/A PC General & Unrestricted 2,000
    PRESIDENT AND FELLOWS OF HARVARD COLLEGE
    124 MT AUBURN ST
    CAMBRIDGE,MA02138     		N/A PC Scholarship Fund 1,000
    PRESIDENT AND TRUSTEES OF BATES COLLEGE
    2 ANDREWS RD
    LEWISTON,ME04240     		N/A PC General & Unrestricted 3,000
    PROJECT HOME
    20 GREEN ACRES RD
    KEENE,NH03431     		N/A PC General & Unrestricted 7,500
    PROJECT MOST INC
    PO BOX 1486
    EAST HAMPTON,NY11937     		N/A PC After-School Tutoring Program and Summer Camp Program 3,000
    PROJECT ORBIS INTERNATIONAL INC
    520 8TH AVE 12TH FL
    NEW YORK,NY10018     		N/A PC General & Unrestricted 3,000
    RESCUE ROVERS
    11624 S BROADVIEW WAY
    SANDY,UT84092     		N/A PC General & Unrestricted 5,000
    SAINT JAMES SCHOOL
    3217 W CLEARFIELD ST
    PHILADELPHIA,PA19132     		N/A PC Food Program 3,500
    SALT LAKE ACTING COMPANY
    168 W 500 N
    SALT LAKE CTY,UT84103     		N/A PC Accessibility Capital Campaign 20,000
    SALT LAKE FILM SOCIETY
    111 E BROADWAY STE 99
    SALT LAKE CTY,UT84111     		N/A PC General & Unrestricted 2,500
    SALT LAKE TRIBUNE INC
    90 S 400 W STE 600
    SALT LAKE CTY,UT84101     		N/A PC General & Unrestricted 5,000
    SAVE INDIAN FARMERS
    137 COURTS LN
    LITTLE ROCK,AR72223     		N/A PC Women's Empowerment Projects 3,000
    SHIPLEY SCHOOL
    814 YARROW ST
    BRYN MAWR,PA19010     		N/A PC Drama Program 750
    SOCIETY FOR FRENCH HISTORICAL STUDIES
    345 BOYER AVE
    WALLA WALLA,WA99362     		N/A PC Farrar Scholarship Fund 5,000
    SOLDIER ON INC
    425 N MAIN STREET BLDG 6
    LEEDS,MA01053     		N/A PC General & Unrestricted 2,000
    SOUTHERN POVERTY LAW CENTER INC
    400 WASHINGTON AVE
    MONTGOMERY,AL36104     		N/A PC General & Unrestricted 2,000
    SOUTHERN POVERTY LAW CENTER INC
    400 WASHINGTON AVE
    MONTGOMERY,AL36104     		N/A PC Teaching Tolerance Program 2,000
    SPIRIT OF AMERICA WORLDWIDE
    3033 WILSON BLVD
    ARLINGTON,VA22201     		N/A PC General & Unrestricted 10,000
    ST JOHNS COMMUNITY SERVICES
    901 D ST SW STE 800
    WASHINGTON,DC20024     		N/A PC Ithaca NY location to purchase a bed 3,000
    TACOMA AREA LITERACY COUNCIL
    PO BOX 7210
    TACOMA,WA98417     		N/A PC General & Unrestricted 3,000
    TANZANIAN CHILDRENS FUND INC
    2 GARDEN ST
    CAMBRIDGE,MA02138     		N/A PC Health Program 10,000
    TEAM RUBICON
    214 MAIN ST 354
    EL SEGUNDO,CA90245     		N/A PC General & Unrestricted 15,500
    THE ACORN SCHOOL FOR EARLY CHILDHOOD DEVELOPMENT
    2845 WILDERNESS PL
    BOULDER,CO80301     		N/A PC General & Unrestricted 3,000
    THE DIAN FOSSEY GORILLA FUND INTERNATIONAL
    800 CHEROKEE AVE SE
    ATLANTA,GA30315     		N/A PC General & Unrestricted 5,000
    THE ROAD HOME
    1415 S MAIN ST
    SALT LAKE CTY,UT84115     		N/A PC General & Unrestricted 7,000
    THE TREVOR PROJECT INC
    PO BOX 69232
    WEST HOLLYWOOD,CA90069     		N/A PC General & Unrestricted 250
    THEATER PROJECT A NJ NONPROFIT CORPORATION
    676 LEXINGTON RD
    UNION,NJ07083     		N/A PC General & Unrestricted 1,000
    TREE NORTHAMPTON INC
    59 REVELL AVE
    NORTHAMPTON,MA01060     		N/A PC General & Unrestricted 2,000
    TREVOR DAY SCHOOL
    312 EAST 95TH ST
    NEW YORK,NY10128     		N/A PC General & Unrestricted 1,000
    TRINITY COLLEGE
    300 SUMMIT ST
    HARTFORD,CT06106     		N/A PC Annual Fund 500
    TRINITY EPISCOPAL SCHOOLS CORPORATION
    139 W 91ST ST
    NEW YORK,NY10024     		N/A PC General & Unrestricted 1,000
    TRUSTEES OF COLUMBIA UNIVERSITY
    PO BOX 1523
    NEW YORK,NY10008     		N/A PC Earth Institute Program 2,000
    TRUSTEES OF DARTMOUTH COLLEGE
    6001 PARKHURST HALL STE 207
    HANOVER,NH03755     		N/A PC Alumni Fund 500
    TRUSTEES OF PRINCETON UNIVERSITY
    701 CARNEGIE CTR
    PRINCETON,NJ08540     		N/A PC Albert G. Milbank Scholarship Fund 10,000
    TRUSTEES OF THE SMITH COLLEGE
    23 ELM ST
    NORTHAMPTON,MA01063     		N/A PC Ada Comstock Scholars Program 1,000
    UNION SETTLEMENT ASSOC
    237 E 104TH ST
    NEW YORK,NY10029     		N/A PC Mental Health Program 12,500
    UNIVERSITY OF UTAH
    201 PRESIDENTS CIR RM 203
    SALT LAKE CTY,UT84112     		N/A PC PBS Utah 2,500
    UNIVERSITY OF UTAH
    201 PRESIDENTS CIR RM 203
    SALT LAKE CTY,UT84112     		N/A PC Pioneer Theater Company 4,000
    UNIVERSITY OF UTAH
    201 PRESIDENTS CIR RM 203
    SALT LAKE CTY,UT84112     		N/A PC PBS Utah-KUED 3,000
    UNIVERSITY OF UTAH
    ECCLES BROADCAST CTR 101 S WASATCH
    SALT LAKE CITY,UT84112     		N/A PC NPR Utah 2,500
    UNIVERSITY OF UTAH
    ECCLES BROADCAST CTR 101 S WASATCH
    SALT LAKE CITY,UT84112     		N/A PC General & Unrestricted 3,000
    UTAH GOLF FOUNDATION
    4444 S 700 E
    SALT LAKE CITY,UT84107     		N/A PC Veterans on Course program and Youth on course Program 2,500
    VERMONT JAZZ CENTER INC
    72 COTTON MILL HILL STE 222
    BRATTLEBORO,VT05301     		N/A PC General & Unrestricted 2,000
    VIRGINIA CONGRESS OF PARENTS AND TEACHERS
    4700 S CHESTERFIELD RD
    ARLINGTON,VA22206     		N/A PC Claremont Immersion Elementary School PTA - Food Pantry Program 1,000
    WASATCH HOMELESS HEALTH CARE INC
    409 W 400 S
    SALT LAKE CTY,UT84101     		N/A PC General & Unrestricted 7,000
    WATSON
    1310 COLLEGE AVE OFC 100
    BOULDER,CO80302     		N/A PC General & Unrestricted 3,500
    WGBH EDUCATIONAL FOUNDATION
    ONE GUEST ST
    BOSTON,MA02135     		N/A PC General & Unrestricted 2,500
    WMHT EDUCATIONAL TELECOMMUNICATIONS INC
    4 GLOBAL VIEW
    TROY,NY12180     		N/A PC General & Unrestricted 1,000
    WNET
    825 8TH AVENUE
    NEW YORK,NY10019     		N/A PC General & Unrestricted 5,000
    WORLD CENTRAL KITCHEN INCORPORATED
    200 MASSACHUSETTS AVE NW 7TH FL
    WASHINGTON,DC20001     		N/A PC General & Unrestricted 1,500
    Total .................................bullet 3a 580,250
    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 ...........     		    14 873  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 670,528  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aCLASS ACTION LAWSUIT PROCEEDS     		    01 78  
    bFOREIGN CURRENCY GAIN     01 125  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   902,020  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    902,020
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GEN. ACCOUNTING & BOOKKEEPING 9,600 2,800   6,800

    TY 2021 CompensationExplanation
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Person Name Explanation
    Elizabeth Drumwright * Resigned from position in 2021

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

    TY 2021 DepreciationSchedule
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    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 InvestmentsCorpBondsSchedule
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALLY FINL INC BOND PERPETUAL - 56,718 57,063
    AMAZON COM INC - 3.150% - 08/2 23,040 21,622
    APPLE INC NOTE - 2.400% - 05/0 20,655 20,483
    CITIGROUP INC - 4.000% - 08/05 22,150 21,282
    COCA COLA CO - 2.125% - 09/06/ 31,540 30,557
    DISNEY WALT CO - 2.000% - 09/0 26,188 24,893
    GOLDMAN SACHS GROUP PERP - 5.0 120,697 126,474
    JPMORGAN CHASE - 5.419% - 12/3 33,075 35,130
    JPMORGAN CHASE - 7.900% - 12/3 71,783 72,000
    MORGAN STANLEY FXD FLTG - 5.45 80,996 81,389

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE INC 52,427 100,873
    ACCENTURE PLC 20,479 55,964
    ACTIVISION BLIZZARD INC 65,143 56,218
    ADIDAS-SALOMON AG OR OTC 23,591 25,927
    AERCAP HOLDING N.V 22,276 27,476
    ALPHABET INC CL A 25,872 86,911
    ALPHABET INC CL C 51,166 214,126
    AMAZON COM 70,218 233,404
    AMERICAN CAPITAL AGENCY CORP 49,974 47,421
    AMERICOLD REALTY TRUST 36,035 36,954
    AMGEN INC 14,913 28,121
    ANALOG DEVICES INC 22,795 50,973
    ANNALY CAPITAL MANAGEMENT INC 48,873 47,707
    ANNALY MTG MGMT INC. COM 53,648 46,771
    ANTHEM INC 46,178 76,948
    AON PLC CL A 51,173 91,671
    APPLE INC 6,262 86,121
    AZEK COMPANY INC CL A 31,832 36,530
    BLACKLINE INC 14,639 35,721
    CAPITAL ONE FINANCIAL CORP 16,054 34,241
    CHARLES SCHWAB CORP 22,419 32,379
    CHARTER COMMUNICATIONS, INC 12,216 30,643
    CISCO SYSTEMS INC 75,741 88,528
    CITIGROUP INC 82,734 87,324
    COGNEX CORPORATION 16,987 34,992
    COMCAST CORP 66,859 94,369
    CROWN CASTLE INTL 35,639 61,578
    DIAGEO PLC ADS 29,985 42,487
    DISH NETWORK CORPORATION 41,796 39,285
    ECOLAB INC 27,400 30,497
    EDWARDS LIFESCIENCES 27,371 44,695
    EVOLUTION GAMING GROUP AB ADR 12,322 13,581
    GENERAL ELECTRIC CO 65,285 88,235
    GENERAL MOTORS 26,861 44,148
    GOLDMAN SACHS GROUP 47,978 96,403
    HDFC BANK LTD ADR 38,518 49,779
    HILTON WORLDWIDE HOLDINGS, INC 40,535 75,811
    HOME DEPOT INC 41,901 87,982
    IAC INTERACTIVE CORP 11,740 12,287
    INTEL CORP 29,415 37,080
    INTUIT 19,885 80,403
    JOHNSON & JOHNSON 56,256 68,257
    JP MORGAN CHASE 61,179 102,928
    KEYENCE CORPORATION,FIRST SECT 14,069 63,480
    KIMBERLY CLARK CORP 36,920 39,303
    L'OREAL CO ACT 28,233 37,951
    LIBERTY BROADBAND CORPORATION 50,478 83,611
    LVMH-MOET HNSY L VUTN 27,388 41,254
    LYONDELLBASELL INDUSTRIES NV 8,901 18,630
    MARRIOTT INTERNATIONAL INC. CL 59,899 101,953
    META PLATFORMS INC 126,273 214,591
    MICROSOFT CORP 33,928 296,971
    MORGAN STANLEY 54,561 93,546
    NASPERS LTD N SPONS ADR 11,832 9,021
    NESTLE S.A 28,282 46,322
    NETFLIX INC 70,311 107,234
    NVIDIA CORP 11,839 57,351
    OSTERWEIS FUND 1,742,479 1,752,976
    OSTERWEIS STRATEGIC INCOME FUN 2,140,717 2,180,941
    PAYPAL HOLDINGS, INC 25,478 25,835
    PIMCO INCOME FUND 703,046 696,739
    POOL CORP 21,678 62,260
    PROGRESSIVE CORP OHIO 20,647 29,255
    PROSUS NV ADR 23,171 21,593
    REALTY INCOME CORP 55,603 58,489
    ROCHE HOLDING LTD ADR 24,645 28,946
    ROKU INC 25,891 46,781
    ROSS STORES, INC 26,175 39,427
    SAFRAN SA - UNSPON ADR 33,974 32,487
    SHERWIN-WILLIAMS CO 20,071 79,236
    SITEONE LANDSCAPE SUPPLY INC 38,805 52,090
    STARBUCKS CORP COM 45,461 58,134
    TAIWAN SEMICONDUCTOR MFG CO LT 56,762 75,795
    TENCENT HOLDINGS LTD 16,227 41,013
    TEXAS INSTRUMENTS INC 67,545 98,758
    THE COCA-COLA CO 53,877 58,973
    THERMO FISHER SCIENTIFIC INC 12,186 60,052
    TJX COMPANIES INC 41,515 59,218
    UNION PACIFIC 22,434 51,646
    UNITEDHEALTH GROUP INC 7,220 100,428
    VERIZON COMMUNICATIONS 98,511 94,671
    VISA INC 83,859 123,525
    WALT DISNEY HOLDINGS CO 44,720 78,529
    WELLS FARGO & CO 34,297 62,854
    WILLIS TOWERS WATSON PUBLIC LT 30,938 32,774
    WOODWARD INC 12,027 13,573
    YETI HOLDINGS, INC. 21,684 52,597
    ZOETIS INC 27,177 63,448

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    US Government Securities - End of Year Book Value:

    177,530
    US Government Securities - End of Year Fair Market Value:

    166,785
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2021 InvestmentsOtherSchedule2
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    COOPER SQUARE OFFSHORE FUND, L   821,617 1,104,823
    SEG PARTNERS OFFSHORE, LTD   473,361 3,014,026

    TY 2021 LegalFeesSchedule
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Document Review/Drafting 6,498     6,498


    TY 2021 OtherExpensesSchedule
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 41,256     41,256
    Bank Charges 122 122    
    Indemnification Insurance 750     750
    State or Local Filing Fees 750     750
    FOUNDATION DUES & MEMBERSHIPS 780     780


    TY 2021 OtherIncomeSchedule2
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Class Action Lawsuit Proceeds 78 78  
    Foreign Currency Gain 125 125  


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 65,930 65,930    


    TY 2021 TaxesSchedule
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2021 8,200      
    990-PF Extension for 2020 2,232      
    Foreign Tax Paid 909 909