Form990-PF
Click to see attachment
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Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
THE HELEN J SERINI FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 146
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
REISTERSTOWN, MD21136
A Employer identification number

46-1353961
B Telephone number (see instructions)

(410) 630-9061
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$3,925,250J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 167,276 166,835  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 325,770
b Gross sales price for all assets on line 6a 790,871
7 Capital gain net income (from Part IV, line 2)... 325,770
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 29,150 0  
12 Total. Add lines 1 through 11........ 522,196 492,605  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 80,137 0   78,937
14 Other employee salaries and wages...... 84,181 0   84,181
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 48,387 0   0
c Other professional fees (attach schedule).... Click to see attachment 11,415 11,415   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 17,516 702   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 185,378 127,077   29,698
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 427,014 139,194   192,816
25 Contributions, gifts, grants paid....... 326,638 326,638
26 Total expenses and disbursements. Add lines 24 and 25 753,652 139,194   519,454
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -231,456
b Net investment income (if negative, enter -0-) 353,411
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......... 73,221 127,512 127,512
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)      
b Investments—corporate stock (attach schedule)....... 3,179,228 Click to see attachment2,676,561 2,907,012
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 425,007 Click to see attachment615,344 890,726
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) 3,677,456 3,419,417 3,925,250
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........ 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 3,677,456 3,419,417
29 Total net assets or fund balances (see instructions)..... 3,677,456 3,419,417
30 Total liabilities and net assets/fund balances (see instructions). 3,677,456 3,419,417
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
3,677,456
2
Enter amount from Part I, line 27a .....................
2
-231,456
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,446,000
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
26,583
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,419,417
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 CAREY STUDENT HOUSING FUND I LP P    
b HGR LIQUIDATING TRUST P    
c BOEING COMPANY - 40 SHS P 2020-06-19 2021-04-29
d BOEING COMPANY - 150 SHS P 2020-02-27 2021-04-29
e BOEING COMPANY - 10 SHS P 2020-02-27 2021-04-29
BOEING COMPANY - 60 SHS P 2020-06-19 2021-12-21
BOEING COMPANY - 40 SHS P 2020-06-19 2021-12-21
AMAZON INC. - 10 SHS P 2019-10-03 2021-04-29
AMAZON INC. - 15 SHS P 2019-10-03 2021-09-07
AMAZON INC. - 22 SHS P 2019-10-03 2021-12-21
APPLE INC. - 640 SHS D 2015-02-09 2021-03-26
APPLE INC. - 400 SHS D 2015-02-09 2021-09-07
APPLE INC. - 32 SHS D 2015-02-09 2021-11-29
APPLE INC. - 368 SHS D 2015-02-12 2021-11-29
APPLE INC. - 400 SHS D 2015-02-12 2021-12-21
CION INVT CORP NEW - 2,751 SHS P 2013-06-03 2021-11-02
JPMORGAN CHASE & COMPANY - 200 SHS P 2019-08-07 2021-10-11
JPMORGAN CHASE & COMPANY - 100 SHS P 2020-05-01 2021-12-21
JPMORGAN CHASE & COMPANY - 400 SHS P 2020-05-13 2021-12-21
STARBUCKS CORPORATION - 420 SHS P 2020-05-01 2021-12-21
W.P. CAREY INC. - 815 SHS P 2019-09-30 2021-12-21
FS GLOBAL CREDIT OPPTYS FUND - 2,111.753 SHS P   2021-04-08
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 8,229     8,229
b 2,514     2,514
c 9,371   7,748 1,623
d 35,100   44,598 -9,498
e 2,343   2,973 -630
11,977   11,622 355
7,985   7,748 237
34,770   17,200 17,570
52,822   25,800 27,022
74,799   37,840 36,959
77,040   19,062 57,978
62,721   11,914 50,807
5,128   953 4,175
58,968   11,640 47,328
69,085   12,652 56,433
34,421   56,373 -21,952
33,472   21,264 12,208
15,626   9,317 6,309
62,506   33,915 28,591
46,421   31,006 15,415
65,485   73,037 -7,552
19,823   28,439 -8,616
265     265
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       8,229
b       2,514
c       1,623
d       -9,498
e       -630
      355
      237
      17,570
      27,022
      36,959
      57,978
      50,807
      4,175
      47,328
      56,433
      -21,952
      12,208
      6,309
      28,591
      15,415
      -7,552
      -8,616
      265
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 2 325,770
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 4,912
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 4,912
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 9,600
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 9,600
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 4,688
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet4,688 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMD
    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 addressbulletWWW.HJSFOUNDATION.ORG
    14
    The books are in care ofbulletTHE HELEN J SERINI FOUNDATION INC Telephone no.bullet (410) 630-9061

    Located atbullet11620 REISTERSTOWN ROAD 1000REISTERSTOWNMD ZIP+4bullet21136
    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
    PAUL A SERINI DIRECTOR/PRESIDENT
    1.50     		0 0 0
    PO BOX 146
    REISTERSTOWN,MD21136
    SUSAN M SERINI DIRECTOR
    1.50     		0 0 0
    PO BOX 146
    REISTERSTOWN,MD21136
    KERRY A MCHUGH DIRECTOR
    37.50     		78,937 0 0
    PO BOX 146
    REISTERSTOWN,MD21136
    J JAMES SERINI DIRECTOR
    1.50     		1,200 0 0
    PO BOX 146
    REISTERSTOWN,MD21136
    P ALEX SERINI DIRECTOR
    1.50     		0 0 0
    PO BOX 146
    REISTERSTOWN,MD21136
    ROBERT GEIS DIRECTOR
    1.50     		0 0 0
    PO BOX 146
    REISTERSTOWN,MD21136
    KEVIN MCHUGH DIRECTOR
    1.50     		0 0 0
    PO BOX 146
    REISTERSTOWN,MD21136
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 CONVENE COMMUNITY PARTNERS AND PROVIDE EDUCATIONAL OPPORTUNITIES, INCLUDING THE ANNUAL FREDERICK NONPROFIT SUMMIT, TWO VIRTUAL EQUITY SERIES FOR GRANTEES, AND ONGOING CENSUS EDUCATION. 14,281
    2 COLLABORATE WITH FUNDERS TO ENHANCE COMMUNITY SUPPORT AND PHILANTHROPIC BEST PRACTICES, INCLUDING THE ANNUAL FREDERICK DATA PROJECT AND WORKGROUPS WITHIN PSOS. 15,760
    3 MEMBERSHIP DUES, LESS $1,200 NON-ALLOWABLE AMOUNT, FOR 2021 & 2022 MEMBERSHIP AND PARTICIPATION IN MARYLAND PHILANTHROPY NETWORK, TO ENGAGE WITH AND ORGANIZE FUNDERS ACROSS THE STATE TO LEARN TOGETHER, IMPROVE PHILANTHROPIC PRACTICES AND PROCESSES, AND DEVELOP COLLABORATIVE PARTNERSHIPS. 6,680
    4 SUPPORT FOR NEXT-GEN AND RISING LEADERS IN THE SECTOR, INCLUDING FACILITATION OF EXPONENT PHILANTHROPY'S NEXT GEN FELLOWS PROGRAM AND THE MPN RISING LEADERS AFFINITY GROUP 3,528
    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.........................bullet0
    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
    3,870,958
    b
    Average of monthly cash balances.......................
    1b
    98,104
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,969,062
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,969,062
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    59,536
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    3,909,526
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    195,476
    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
    195,476
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    4,912
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    5,965
    c
    Add lines 2a and 2b............................
    2c
    10,877
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    184,599
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    184,599
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    184,599
    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 7 184,599
    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...... 122,802
    b From 2017...... 106,402
    c From 2018...... 244,270
    d From 2019...... 240,718
    e From 2020...... 332,129
    f Total of lines 3a through e ........ 1,046,321
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 519,454
    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..... 184,599
    e Remaining amount distributed out of corpus 334,855
    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 1,381,176
    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) ...     		122,802
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		1,258,374
    10 Analysis of line 9:
    a Excess from 2017.... 106,402
    b Excess from 2018.... 244,270
    c Excess from 2019.... 240,718
    d Excess from 2020.... 332,129
    e Excess from 2021.... 334,855
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    WWWHJSFOUNDATIONORGAPPLY
    11620 REISTERSTOWN ROAD 1000
    REISTERSTOWN,MD21136
    (410) 630-9061
    bThe form in which applications should be submitted and information and materials they should include:
    ALL APPLICATIONS MUST BE SUBMITTED ONLINE THROUGH THE APPLICATION PORTAL AT WWW.HJSFOUNDATION.ORG/APPLY. BEFORE SUBMITTING AN APPLICATION, ALL APPLICANTS MUST REVIEW THE GRANT GUIDELINES, TYPES OF GRANTS MADE, AND APPLICATION PROCESSES BY VISITING WWW.HJSFOUNDATION.ORG/GRANTS. GRANT APPLICATIONS ARE NOT REVIEWED OR ACCEPTED BY MAIL, EMAIL, OR IN ANY OTHER FORMAT. ALL OTHER INQUIRIES CAN BE SENT TO: THE HELEN J. SERINI FOUNDATION P.O. BOX 146 REISTERSTOWN, MD 21136 INFO@HJSFOUNDATION.ORG
    cAny submission deadlines:
    THE FOUNDATION ACCEPTS GRANT REQUESTS ONCE A YEAR. PLEASE REFER TO OUR WEBSITE FOR INFORMATION.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    WE ACCEPT UNSOLICITED LOI SUBMISSIONS FROM ORGANIZATIONS THAT SERVE ANNE ARUNDEL COUNTY, BALTIMORE COUNTY, BALTIMORE CITY, AND FREDERICK COUNTY. WE REQUIRE THAT ALL GRANT APPLICANTS: 1) ARE IN OUR GEOGRAPHIC FOCUS AREA, 2) PROVIDE EVIDENCE OF TAX EXEMPTION UNDER SECTION 501(C)(3), 3) PROVIDE UP-TO-DATE CONTACT DETAILS, AND 4) ADHERE TO THE PRINCIPLES OF THE FOUNDATION'S MISSION STATEMENT. WE OFFER LEADERSHIP DEVELOPMENT GRANTS, AS WELL AS THREE TYPES OF MAJOR GRANTS: GENERAL OPERATING SUPPORT, CAPACITY BUILDING SUPPORT, AND PROJECT/PROGRAM-SPECIFIC GRANTS. GRANTS WILL NOT BE MADE TO INDIVIDUALS, POLITICAL ACTION COMMITTEES OR LOBBYING ORGANIZATIONS, ORGANIZATIONS THAT ARE TAX EXEMPT UNDER IRC 509(A)(3), RELIGIOUS INSTITUTIONS THAT HAVE NOT APPLIED FOR OR RECEIVED 501(C)(3) STATUS, OR ANY ORGANIZATION THAT ENGAGES IN DISCRIMINATORY PRACTICES AGAINST ANY CLASS OF INDIVIDUALS PROTECTED UNDER APPLICABLE FEDERAL OR STATE LAW.
    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
    ADOPTIONS TOGETHER
    4061 POWDER MILL ROAD SUITE 320
    CALVERTON,MD20705     		  PC GENERAL OPERATING SUPPORT TO MAINTAIN AND GROW INFANT ADOPTION PLACEMENT COUNSELING AND SUPPORT SERVICES, OLDER CHILD ADOPTION PLACEMENT SERVICES, AND SPECIALIZED THERAPEUTIC SERVICES THAT KEEP FAMILIES FORMED THROUGH ADOPTION STRONG.CONTRIBUTION INCLUDES AN ADDITIONAL ONE-TIME PAYMENT OF $5,000 TO SUPPORT ORGANIZATIONAL HEALTH THROUGH COVID SHUTDOWNS AND REVENUE LOSS. 10,000
    BALTIMORE COMMUNITY TOOLBANK
    1224 WICOMICO STREET
    BALTIMORE,MD21230     		  PC GENERAL OPERATING SUPPORT TO INCREASE TOOL LENDING AND DEEPEN SERVICES TO COMMUNITY-BASED PARTNERS THROUGHOUT THE BALTIMORE-D.C. CORRIDOR ACROSS A DIVERSITY OF IMPACT AREAS.CONTRIBUTION INCLUDES AN ADDITIONAL ONE-TIME PAYMENT OF $5,000 TO SUPPORT ORGANIZATIONAL HEALTH THROUGH COVID SHUTDOWNS AND REVENUE LOSS. 12,000
    BANNER NEIGHBORHOODS
    2911 PULASKI HIGHWAY
    BALTIMORE,MD21224     		  PC GENERAL OPERATING SUPPORT FOR A GROWING ORGANIZATION TO SERVE SENIORS & YOUTH IN EAST & SOUTHEAST BALTIMORE.CONTRIBUTION INCLUDES AN ADDITIONAL ONE-TIME PAYMENT OF $5,000 TO SUPPORT ORGANIZATIONAL HEALTH THROUGH COVID SHUTDOWNS AND REVENUE LOSS, AND PROJECT-SPECIFIC SUPPORT FOR A BOARD AND ORGANIZATIONAL RACIAL EQUITY TRAININGS WITH LOCAL CONSULTANTS. 7,500
    BELIEVE BIG
    4821 BUTLER ROAD SUITE 1D
    GLYNDON,MD21136     		  PC PROJECT-SPECIFIC SUPPORT FOR THE 2021 HORIZON DAY CAMP & MUG PAINTING FOR PEDIATRIC CANCER PATIENTS. 2,500
    CASH CAMPAIGN OF MARYLAND
    575 S CHARLES STREET SUITE 500
    BALTIMORE,MD21201     		  PC GENERAL OPERATING SUPPORT TO INCREASE THE FINANCIAL CAPABILITY OF LOW-TO-MODERATE INCOME INDIVIDUALS AND FAMILIES IN MARYLAND. 10,000
    EXPONENT PHILANTHROPY
    1720 NORTH STREET NW
    WASHINGTON,DC20036     		  PC GENERAL OPERATING SUPPORT TO AMPLIFY AND INCREASE THE IMPACT OF LEAN FUNDERS BY BUILDING AN INCLUSIVE COMMUNITY WHERE THEY CAN LEARN, CONNECT, AND COLLABORATE. 2,500
    INTERFAITH HOUSING ALLIANCE
    22 SOUTH MARKET STREET SUITE 217
    FREDERICK,MD21701     		  PC PROJECT-SPECIFIC/CAPACITY BUILDING SUPPORT TO ENHANCE DIVERSITY, EQUITY, AND INCLUSION (DEI) AT INTERFAITH HOUSING ALLIANCE VIA A STAFF TRAINING ON UNCONSCIOUS BIAS AND UPDATES TO THE EMPLOYEE HANDBOOK. 1,638
    LITERACY COUNCIL OF FREDERICK COUNTY INC
    110 EAST PATRICK STREET
    FREDERICK,MD21701     		  PC GENERAL OPERATING SUPPORT FOR THE LITERACY COUNCIL'S STAFF WHO SUPPORT ALL PROGRAMMING, INCLUDING A NEW PARENT OUTREACH INITIATIVE IN 3 FCPS TITLE I ELEMENTARY SCHOOLS, AND WORKPLACE CLASSES FOR LOW-WAGE WORKERS IN HOSPITALITY AND SERVICE INDUSTRIES.CONTRIBUTION INCLUDES AN ADDITIONAL ONE-TIME PAYMENT OF $5,000 TO SUPPORT ORGANIZATIONAL HEALTH THROUGH COVID SHUTDOWNS AND REVENUE LOSS. 10,000
    MARYLAND CENTER ON ECONOMIC POLICY
    1800 NORTH CHARLES STREET SUITE 406
    BALTIMORE,MD21201     		  PC GENERAL OPERATING SUPPORT TO ADVANCE INNOVATIVE POLICY IDEAS THAT FOSTER BROAD PROSPERITY AND HELP MARYLAND BE THE STANDARD-BEARER FOR RESPONSIBLE PUBLIC POLICY.CONTRIBUTION INCLUDES AN ADDITIONAL ONE-TIME PAYMENT OF $5,000 TO SUPPORT ORGANIZATIONAL HEALTH THROUGH COVID SHUTDOWNS AND REVENUE LOSS. 12,500
    MARYLAND HUNGER SOLUTIONS AN INITIATIVE OF THE FOOD RESOURCE & ACTION CENT
    711 WEST 40TH STREET SUITE 360
    BALTIMORE,MD21211     		  PC GENERAL OPERATING SUPPORT TO MAINTAIN AND ENHANCE MARYLAND HUNGER SOLUTIONS' EFFORTS TO COMBAT HUNGER AND POVERTY ACROSS MARYLAND, INCLUDING BALTIMORE CITY AND BALTIMORE COUNTY.CONTRIBUTION INCLUDES AN ADDITIONAL ONE-TIME PAYMENT OF $5,000 TO SUPPORT ORGANIZATIONAL HEALTH THROUGH COVID SHUTDOWNS AND REVENUE LOSS. 10,000
    MARYLAND NEW DIRECTIONS
    2700 NORTH CHARLES STREET SUITE 200
    BALTIMORE,MD21218     		  PC GENERAL OPERATING SUPPORT FOR MND EMPLOYMENT TRAINING PROGRAMS FY21 AND COVID-19 RESPONSE. 7,500
    MARYLAND PHILANTHROPY NETWORK
    1600 WEST 41ST STREET SUITE 700
    BALTIMORE,MD21211     		  PC GENERAL OPERATING SUPPORT TO CONTINUE AND GROW COMMUNITY WEALTH BUILDERS, A CRITICAL EFFORT WORKING TO FOSTER FAMILY-SUSTAINING, EMPOWERING JOBS AND VIBRANT, LOCALLY-OWNED BUSINESSES IN BALTIMORE. 60,000
    RELIGIOUS COALITION FOR EMERGENCY HUMAN NEEDS
    27 DEGRANGE STREET
    FREDERICK,MD21701     		  PC GENERAL OPERATING SUPPORT TO HELP HOMELESS WITH CHILDREN EXIT HOMELISSNESS IN FREDERICK COUNTY, MD 17,500
    ROB'S BARBERSHOP COMMUNITY FOUNDATION
    612 CRAWFORDS RIDGE ROAD
    ODENTON,MD21113     		  PC PROJECT-SPECIFIC SUPPORT FOR ROB'S BARBERSHOP'S VIRTUAL GROOMING COURSES FOR FOSTER AND ADOPTIVE PARENTS AND EXPANSION INTO ANNE ARUNDEL COUNTY SCHOOLS. THIRD INSTALLMENT OF A THREE-YEAR GRANT. 10,000
    THE LIGHT HOUSE
    10 HUDSON STREET
    ANNAPOLIS,MD21401     		  PC GENERAL OPERATING SUPPORT TO CONTINUE TO PROVIDE SHELTER AND SERVICES TO PREVENT HOMELESSNESS AND EMPOWER PEOPLE AS THEY TRANSITION TOWARD EMPLOYMENT, HOUSING AND SELF-SUFFICIENCY. 20,000
    CHILDREN OF INCARCERATED PARENTS PARTNERSHIP
    PO BOX 791
    FREDERICK,MD217050791     		  PC UNRESTRICTED FUNDING TO SUPPORT COIPP'S CONTINUED SUPPORT OF FAMILIES AND CHILDREN OF INCARCERATED PARENTS, INCLUDING KNOW YOUR WORLD RESOURCE BOXES FOR PARENTS TO USE TO CONNECT WITH THEIR CHILDREN ABOUT LEARNING THROUGH THE COVID-19 SHUTDOWNS. 3,000
    LIFE ASSET INC
    2448 18TH STREET NW SUITE A
    WASHINGTON,DC20009     		  PC GENERAL OPERATING SUPPORT TO EXPAND LIFE ASSET'S MICROLOAN AND FINANCIAL TRAINING PROGRAM TO MORE LOW-INCOME ENTREPRENEURS IN ANNE ARUNDEL COUNTY, BALTIMORE COUNTY, BALTIMORE CITY, AND FREDERICK COUNTY - CREATING FINANCIAL SELF-SUFFICIENCY THROUGH SMALL BUSINESS OWNERSHIP. SECOND OF THREE INSTALLMENTS. 10,000
    BENEFICIAL PAIN INC
    828 EAST BALTIMORE STREET
    BALTIMORE,MD21202     		  PC GENERAL OPERATING SUPPORT FOR BENEFICIAL PAIN'S COMMUNITY-BASED WORK TO SHIFT THE MINDSET AROUND PAIN. 2,500
    ADOPTION EXCHANGE ASSOCIATION
    605 GLOBAL WAY SUITE 100
    LINTHICUM,MD21090     		  PC PROJECT-SPECIFIC SUPPORT FOR AN ORGANIZATIONAL EQUITY AUDIT, SPECIFICALLY FACILITATED GROUP SESSIONS AND DATA COLLECTION BY DEI EXPERTS FROM PROINSPIRE TO DISCUSS ALIGNMENT WITH STAFF AROUND NEW ORGANIZATIONAL DEI VALUES 5,000
    ELIJAH'S BLESSING COMMUNITY SERVICE CENTER
    1640 GORSUCH AVENUE
    BALTIMORE,MD21218     		  PC GENERAL OPERATING SUPPORT TO OFFSET THE COSTS OF AZIZA PE&CE'S TRANSITION TO A NEW FISCAL SPONSOR, ALLOWING PROGRAMS FOR YOUTH TO CONTINUE THROUGH A PROGRAM THAT FURTHER DEVELOPS THEIR SOCIAL, CULTURAL, EMOTIONAL, LIFE AND CRITICAL-THINKING SKILLS. 5,000
    CHILDREN'S SCHOLARSHIP FUND OF BMORE
    PO BOX 5282
    BALTIMORE,MD21224     		  PC GENERAL OPERATING SUPPORT FOR TUITION-ASSISTANCE PROGRAM FOR LOW-INCOME STUDENTS GRANDE K - 8 IN BALTIMORE CITY. 2,500
    STUDENT SUPPORT NETWORK
    1740 EAST JOPPA RD SUITE 200
    BALTIMORE,MD21234     		  PC GENERAL OPERATING SUPPORT FOR SCHOOL SUPPLIES INCLUDING BACKPACKS, BASIC SCHOOL SUPPLIES, AND SPECIALIZED ITEMS SUCH AS GRAPHING CALCULATORS AND ART SUPPLIES FOR CLASSES, FOR STUDENTS IN BALTIMORE COUNTY. 1,500
    SISTERS SAVING THE CITY
    4236 PIMLICO ROAD
    BALTIMORE,MD21215     		  PC GENERAL OPERATING SUPPORT TO FUND OPERATIONS FOR SISTERS SAVING THE CITY'S PROGRAMS TO SERVE AT-RISK AND HOMELESS YOUTH AND YOUNG ADULTS IN THE PARK HEIGHTS COMMUNITY 5,000
    MARYLAND VOLUNTEER LAWYERS SERVICE
    201 N CHARLES STREET SUITE 1400
    BALTIMORE,MD21201     		  PC GENERAL OPERATING SUPPORT TO CONTINUE MVLS' EFFORTS TO ADDRESS SYSTEMIC BARRIERS TO PRESERVE HOMEOWNERSHIP FOR BLACK HOMEOWNERS AND TO STOP WEALTH EXTRACTION IN COMMUNITIES OF COLOR IN BALTIMORE AND SURROUNDING AREAS. 10,000
    PROJECT OWN
    33 CURLEY STREET
    BALTIMORE,MD21224     		  PC GENERAL OPERATING SUPPORT TO PROJECT OWN'S COLLABORATIVE PILOT TO CREATE SYSTEMS OF OWNERSHIPCOUNSELING THAT INCLUDE HOUSEHOLDS WHO ARE NOT YET MORTGAGE READY 10,000
    MD CITIZEN'S HEALTH INITIATIVE EDUCATION FUND
    2600 ST PAUL STREET
    BALTIMORE,MD21218     		  PC GENERAL OPERATING SUPPORT TO 1) IMPLEMENT THE HEALTH EQUITY RESOURCE COMMUNITIES INITIATIVE 2) PROMOTE NEW STATE-FUNDED HEALTH INSURANCE SUBSIDIES AND 3) BUILD ON THE MARYLAND EASY ENROLLMENT HEALTH INSURANCE PROGRAM. 10,000
    HOOD COLLEGE FOOD SECURITY NETWORK
    401 ROSEMONT AVENUE
    FREDERICK,MD21701     		  PC PROGRAM SPECIFIC FUNDING TO SUPPORT THE FREDERICK FOOD SECURITY NETWORK GROWTH TO 6 GARDENS AND 3 GREENHOUSES, CONTINUING TO MEET GROWING DEMAND DUE TO THE COVID-19 CRISIS. 10,000
    THE BEORG
    636 N GILMORE STREET
    BALTIMORE,MD21217     		  PC GENERAL OPERATING SUPPORT TO EXPAND SERVICE OFFERINGS TO FOSTER STEM EDUCATION AND CAREER PATHWAYS FOR BALTIMORE YOUTH 5,000
    EMPOWERED TO LIVE INC
    6936 DOUBLEBRAND COURT
    FREDERICK,MD21703     		  PC PROGRAM SUPPORT FOR EMPOWERED TO LIVE'S FIRST PILOT PROGRAM, PROJECT GUIDE: A 14-WEEK PRE-APPRENTICESHIP PROGRAM THAT OFFERS YOUTH AGES 1624 JOB READINESS AND TECHNICAL SKILLS TRAINING AND PAID INTERNSHIP OPPORTUNITIES WITH LOCAL BUSINESSES IN AND AROUND FREDERICK COUNTY, MARYLAND. 10,000
    LANGTON GREEN INC
    3016 ARUNDEL ON THE BAY ROAD
    ANNAPOLIS,MD21403     		  PC PROGRAM SPECIFIC FUNDING TO SUPPORT WAGES FOR ADULTS WITH INTELLECTUAL DISABILITIES ON LANGTON GREEN COMMUNITY FARM IN MILLERSVILLE, MD. 10,000
    MHA OF FREDERICK COUNTY
    226 S JEFFERSON STREET
    FREDERICK,MD21701     		  PC GENERAL OPERATING SUPPORT TO HELP MAINTAIN MHA'S PROGRAMS, INCLUDING THE OPERATION OF 2-1-1 AND SYSTEMS NAVIGATION FOR FAMILIES IN CRISIS, THROUGH 2020 AND 2021. 7,500
    BLACK WOMEN BUILD - BALTIMORE
    PO BOX 16564
    BALTIMORE,MD21217     		  PC GENERAL OPERATING SUPPORT TO SUPPOR BLACK WOMEN BUILD'S HOME OWNERSHIP & WEALTH BUILDING INITIATIVE THAT TRAINS BLACK WOMEN IN CARPENTRY, ELECTRICAL & PLUMBING BY RESTORING VACANT & DETERIORATED HOUSES IN WEST BALTIMORE 10,000
    CHAPEL HILL HIGH SCHOOL BOOSTERS CLUB
    205 WESTHAMPTON WAY
    CHAPEL HILL,NC27516     		  PC PROJECT SUPPORT FOR THE PURCHASE OF A TRACK AND FIELD TIMING SYSTEM TO SUPPORT THE CLUB. 5,000
    LEAF PROJECT INC
    554 WARM SPRINGS ROAD
    LANDISBURG,PA17040     		  PC GENERAL OPERATING SUPPORT FOR LEAF PROJECT'S WORK TO CULTIVATE YOUTH LEADERS FROM DIVERSE BACKGROUNDS THROUGH MEANINGFUL WORK IN THE FOOD SYSTEMS. 5,000
    LITTLE LONGEARS DONKEY RESCUE
    1079 TURKEY PIT ROAD
    NEW OXFORD,PA17350     		  PC GENERAL OPERATING SUPPORT TO HELP PROVIDE CARE FOR LITTLE LONG EARS' 80 RESCUE DONKEYS. 1,000
    LOYOLA EARLY LEARNING CENTER
    801 ST PAUL STREET
    BALTIMORE,MD21202     		  PC LEADERSHIP DEVELOPMENT SUPPORT FOR THE LOYOLA EARLY LEARNING CENTER'S SCHOOL SOCIAL WORKER. 5,000
    Total .................................bullet 3a 326,638
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 325,770  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aCAREY EUROPEAN STUDENT HOUSING     		900001 29,403     1,126
    bMMG FUSION LLC         1,173
    cPIXELLIGENT TECHNOLOGIES, LLC 900001 -12,414      
    dTESSEMAES LLC         9,862
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 16,989 492,605 12,602
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    522,196
    (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.)
    4 NONTAXABLE DIVIDENDS - $441
    11 TAX EXEMPT INCOME - $12,161
    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 HELEN J SERINI FOUNDATION INC
    EIN:
    46-1353961
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 48,387 0   0

    TY 2021 GeneralExplanationAttachment
    Name:
    THE HELEN J SERINI FOUNDATION INC
    EIN:
    46-1353961
    Identifier Return Reference Explanation
    DIRECT CHARITABLE ACTIVITIES PART I, LINE 24, COLUMN (D) THIS TOTAL INCLUDES $40,249 IN DIRECT CHARITABLE ACTIVITIES CONDUCTED BY THE FOUNDATION. SEE PART IX-A FOR DETAILS.
    COMPENSATION OF KERRY MCHUGH PART VIII, LINE 1 KERRY MCHUGH RECEIVES COMPENSATION FOR HER TIME WORKING AS THE FOUNDATION'S CHIEF PROGRAM OFFICER, AS SHE DEVOTES 37.5 HOURS PER WEEK IN THAT CAPACITY TO OVERSEE THE FOUNDATION'S GRANTMAKING AND NONPROFIT CAPACITY BUILDING ACTIVITIES. KERRY ALSO SERVES AS A DIRECTOR AND BOARD SECRETARY, BUT DOES NOT RECEIVE COMPENSATION FOR THE ADDITIONAL 20 HOURS OF TIME PER QUARTER FULFILLING THOSE ROLES.

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE HELEN J SERINI FOUNDATION INC
    EIN:
    46-1353961
    Name of Stock End of Year Book Value End of Year Fair Market Value
    LPL FINANCIAL - EQUITIES AND OPTIONS 197,880 443,385
    WP CAREY CORP PROPERTY ASSOC 18 - GLOBAL INC. CLA A 204,586 226,750
    WP CAREY CORP PROPERTY ASSOC 18 - GLOBAL INC. CLA C 210,074 242,513
    WP CAREY CAREY WATERMARK INVESTORS INC. 217,286 280,666
    CION INVESTMENT CORPORATION 112,747 71,925
    FS ENERGY AND POWER FUND 96,579 32,222
    SOCIAL TOASTER INC. 58,402 58,402
    SIERRA INCOME CORPORATION 100,000 52,157
    FS GLOBAL CREDIT OPPTYS 150,624 108,015
    CARTER VALIDUS MISSION 46,810 38,384
    HMS INCOME FUND 200,000 151,200
    PREVINEX LLC CONVERTIBLE DEBT 10,000 24,400
    MAINLINE TECHNOLOGIES 30,000 30,000
    PREVINEX LLC EQUITY 25,000 25,000
    GRIFFIN AMERICAN HEALTHCARE REIT IV INC 87,609 92,200
    OWL ROCK CAP CORP II 106,000 100,254
    BLACK CREEK INDUSTRIAL REIT IV 473,755 559,929
    HINES GLOBAL INCOME TRUST 199,209 201,536
    NUVEEN GLOBAL CITIES REIT INC 150,000 168,074

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE HELEN J SERINI FOUNDATION INC
    EIN:
    46-1353961
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    K-1 - PIXELLIGENT TECHNOLOGIES, LLC AT COST 23,557 15,232
    K-1 - CAREY EUROPEAN STUDENT HOUSING FUND I, LP AT COST 98,053 98,053
    HGR LIQUIDATING TRUST AT COST 32,484 31,507
    MMG CONVERTIBLE NOTE AT COST 75,000 75,000
    FEDERATED CHARITIES AT COST 74,250 74,250
    K-1 - TESSAMAE'S LLC AT COST 0 284,684
    2428 N. CALVERT NOTE AT COST 312,000 312,000

    TY 2021 OtherDecreasesSchedule
    Name:
    THE HELEN J SERINI FOUNDATION INC
    EIN:
    46-1353961
    Description Amount
    LOSSES NOT RECORDED ON BOOKS 26,583


    TY 2021 OtherExpensesSchedule
    Name:
    THE HELEN J SERINI FOUNDATION INC
    EIN:
    46-1353961
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 2,875 0   2,875
    BANK FEES 448 0   448
    HGR LIQUIDATING TRUST 2,097 2,097   0
    PIXELLIGENT TECHNOLOGIES, LLC 3 0   0
    TESSEMAE'S LLC 86,700 73,637   3,201
    CAREY EUROPEAN STUDENT HOUSING FUND I 12,320 11,194   0
    OPERATING EXPENSES 5,006 0   5,006
    MMG FUSION, LLC 56,561 40,149   0
    SOFTWARE EXPENSE 6,488 0   6,488
    DUES/MEMBERSHIP 12,880 0   11,680


    TY 2021 OtherIncomeSchedule2
    Name:
    THE HELEN J SERINI FOUNDATION INC
    EIN:
    46-1353961
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CAREY EUROPEAN STUDENT HOUSING 30,529   30,529
    MMG FUSION LLC 1,173   1,173
    PIXELLIGENT TECHNOLOGIES, LLC -12,414   -12,414
    TESSEMAES LLC 9,862   9,862


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE HELEN J SERINI FOUNDATION INC
    EIN:
    46-1353961
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 11,415 11,415   0


    TY 2021 TaxesSchedule
    Name:
    THE HELEN J SERINI FOUNDATION INC
    EIN:
    46-1353961
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 702 702   0
    FEDERAL TAX PAID 13,598 0   0
    STATE TAX PAID 3,216 0   0