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 SCHOENBAUM FAMILY
FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 580
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SARASOTA, FL342300580
A Employer identification number

65-0043921
B Telephone number (see instructions)

(941) 366-1708
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$24,418,230J 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) 3,861,260
2 Check bullet.............
3 Interest on savings and temporary cash investments 354 354  
4 Dividends and interest from securities... 320,249 320,249  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 548,227
b Gross sales price for all assets on line 6a 949,558
7 Capital gain net income (from Part IV, line 2)... 548,227
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 8,797    
12 Total. Add lines 1 through 11........ 4,738,887 868,830  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,500 6,500    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 37,101 5,951    
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 90,599 71,901   18,698
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 134,200 84,352   18,698
25 Contributions, gifts, grants paid....... 1,105,000 1,105,000
26 Total expenses and disbursements. Add lines 24 and 25 1,239,200 84,352   1,123,698
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,499,687
b Net investment income (if negative, enter -0-) 784,478
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............. 2,857 10 10
2 Savings and temporary cash investments......... 612,605 2,967,227 2,967,227
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).......      
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).......... 14,244,425 Click to see attachment15,136,941 20,842,044
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment366,702 Click to see attachment608,949 Click to see attachment608,949
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,226,589 18,713,127 24,418,230
Liabilities 17 Accounts payable and accrued expenses.......... 13,093  
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) Click to see attachment56  
23 Total liabilities (add lines 17 through 22)......... 13,149 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 15,213,440  
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds   18,713,127
29 Total net assets or fund balances (see instructions)..... 15,213,440 18,713,127
30 Total liabilities and net assets/fund balances (see instructions). 15,226,589 18,713,127
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
15,213,440
2
Enter amount from Part I, line 27a .....................
2
3,499,687
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
18,713,127
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
18,713,127
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 MILLENIUM INTERNATIONAL LTD P    
b OCA SA MEZZANINE II P    
c SGOF LIQUIDATING FEEDER LTD P    
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 604,004   378,150 225,854
b 63,982   21,047 42,935
c 4,945   2,134 2,811
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       225,854
b       42,935
c       2,811
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 2 548,227
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 10,904
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 10,904
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 16,829
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 17,829
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 79
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 6,846
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet6,846 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)
    bulletFL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
    8b
     
    No
    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 ofbulletJOANN S MILLER Telephone no.bullet (727) 510-0658

    Located atbullet1331 PRESERVATION WAYOLDSMARFL ZIP+4bullet34677
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
     
    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
    RAYMOND D SCHOENBAUM TREASURER
    000.00     		0 0 0
    PO BOX 580
    SARASOTA,FL342300580
    JEFFREY F SCHOENBAUM SECRETARY
    000.00     		0 0 0
    PO BOX 580
    SARASOTA,FL342300580
    JOANN SCHOENBAUM MILLER PRESIDENT
    000.00     		0 0 0
    PO BOX 580
    SARASOTA,FL342300580
    EMILY SCHOENBAUM VICE PRESIDE
    000.00     		0 0 0
    PO BOX 580
    SARASOTA,FL342300580
    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  
    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
    DIVERSIFIED TRUST INVEST ADVISORY 62,539
    4401 NORTHSIDE PARKWAY NW
    SUITE 700
    ATLANTA,GA30327
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    18,761,082
    b
    Average of monthly cash balances.......................
    1b
    2,291,599
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    21,052,681
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    21,052,681
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    315,790
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    20,736,891
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,036,845
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    1,036,845
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    10,904
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,904
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,025,941
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,025,941
    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
    1,025,941
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,025,941
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 138,003
    b From 2017...... 75,736
    c From 2018...... 33,105
    d From 2019...... 51,512
    e From 2020...... 32,305
    f Total of lines 3a through e ........ 330,661
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,123,698
    a Applied to 2020, but not more than line 2a  
    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..... 1,025,941
    e Remaining amount distributed out of corpus 97,757
    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 5 428,418
    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 ..........     		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) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		138,003
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		290,415
    10 Analysis of line 9:
    a Excess from 2017.... 75,736
    b Excess from 2018.... 33,105
    c Excess from 2019.... 51,512
    d Excess from 2020.... 32,305
    e Excess from 2021.... 97,757
    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 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
    ATLANTA COMMUNITY FOOD BANK
    732 JOSEPH E LOWERY
    BLVD NW
    ATLANTA,GA30318     		NONE PC SUPPORT FOR FAMILIES IN CRISIS 11,800
    AVODAH NEW ORLEANS
    4238 ST CHARLES AVE
    NEW ORLEANS,LA70115     		NONE PC GENERAL CHARITABLE PURPOSES 46,800
    BIRTHRIGHT ISRAEL FOUNDATION
    PO BOX 21615
    NEW YORK,NY10087     		NONE PC SPONSOR EDUCATION IN ISRAEL 150,000
    BOYS & GIRLS CLUB OF SARASOTA
    3130 FRUITVILLE ROAD
    SARASOTA,FL34237     		NONE PC PROVIDE SCHOLARSHIPS 45,000
    BREAD FOR THE CITY
    1525 7TH STREET NW
    WASHINGTON,DC20001     		NONE PC PROVIDE SUPPORT FOR DC FAMILIES 15,000
    CLEARWATER FREE CLINIC
    1218 COURT STREET
    CLEARWATER,FL33756     		NONE PC HEALTHCARE FOR UNINSURED RESIDENTS 15,000
    CLOTHES TO KIDS
    3251 3RD AVENUE NORTH
    SUITE 145
    CLEARWATER,FL33713     		NONE PC SCHOOL UNIFORMS 10,000
    COMMUNITIES IN SCHOOLS OF CENTRAL T
    3000 SOUTH IH-35
    SUITE 200
    AUSTIN,TX78704     		NONE PC GENERAL SUPPORT 3,600
    CONGREGATION BETH SHALOM
    1325 S BELCHER ROAD
    CLEARWATER,FL33764     		NONE PC RABBINICAL SUPPORT 23,600
    CONGREGATION BETH SHALOM
    1325 S BELCHER ROAD
    CLEARWATER,FL33764     		NONE PC SUPPORT EDUC, CULTURE & YOUTH PROGAM 5,000
    CONGREGATION BETH SHALOM
    1325 S BELCHER ROAD
    CLEARWATER,FL33764     		NONE PC SUPPORT SHABBAT B'YACHAD PROGRAM 5,000
    CONGREGATION BETH SHALOM
    1325 S BELCHER ROAD
    CLEARWATER,FL33764     		NONE PC SUPORT SPIRITUALITY 3,000
    CONGREGATION BETH SHALOM
    1325 S BELCHER ROAD
    CLEARWATER,FL33764     		NONE PC SUPPORT SOCIAL ACTION 4,000
    EDAVITCH JEWISH COMMUNITY CTR
    1529 SIXTEENTH ST NW
    WASHINGTON,DC20036     		NONE PC SUPPORT OLDER ADULT PROGRAMS 15,000
    EDAVITCH JEWISH COMMUNITY CTR
    1529 SIXTEENTH ST NW
    WASHINGTON,DC20036     		NONE PC SUPPORT FAMILY AND YOUTH PROGRAMS 15,000
    EXPERIENCE LEARNING INC
    18 WOODLANDS WAY
    CIRCLEVILLE,WV26804     		NONE PC SUPPORT EDUCATION PROGRAMS 32,813
    FEED THE SECOND LINE
    818 GALLIER STREET
    NEW ORLEANS,LA70117     		NONE PC ASSISTANCE TO ELDERS AND VULNERABLE 8,600
    GLASSERSCHOENBAUM HUMAN SVCS CTR
    1750 17TH STREET
    BUILDING J-1
    SARASOTA,FL34234     		NONE PC SUPPORT TECH/SYSTEM UPGRADES 35,000
    GLASSERSCHOENBAUM HUMAN SVCS CTR
    1750 17TH STREET
    BUILDING J-1
    SARASOTA,FL34234     		NONE PC PERPETUAL GRANT 25,000
    HILLELS OF GEORGIA
    735 GATEWOOD RD NE
    ATLANTA,GA30322     		NONE PC SCHOLARSHIP PROGRAM 23,600
    JEWISH FED OF GREATER ATLANTA
    1440 SPRING STREET NW
    ATLANTA,GA30309     		NONE PC PROGRAM SUPPORT 90,000
    JEWISH FEDERATION OF NEW ORLEANS
    3747 ESPLANDE AVENUE
    METAIRIE,LA70002     		NONE PC GENERAL SUPPORT 77,187
    MAZON
    10850 WILSHIRE BLVD
    SUITE 400
    LOS ANGELES,CA90024     		NONE PC FUND SUPPORT 8,600
    MOUNTAINEER FOOD BANK
    484 ENTERPRISE DRIVE
    GASSAWAY,WV26624     		NONE PC SUPPORT MOBILE PANTRY PROGRAM 50,000
    NAHALAT SHALOM
    3606 RIO GRANDE BLVD NW
    ALBUQUERQUE,NM87107     		NONE PC PROGRAM SUPPORT 12,200
    SALVATION ARMY - SARASOTA
    PO BOX 2792
    SARASOTA,FL34236     		NONE PC PROGRAMS FOR THE NEEDY 25,000
    SHALOM AUSTIN
    7300 HART LANE
    AUSTIN,TX78731     		NONE PC GENERAL SUPPORT 11,000
    ST PETERSBURG FREE CLINIC
    863 3RD AVE
    ST PETERSBURG,FL33701     		NONE PC GENERAL OPERATING SUPPORT 35,000
    TAMPA JCC AND FEDERATION
    13009 COMMUNITY CAMPUS DR
    TAMPA,FL33625     		NONE PC SUPPORT EDUCATIONAL PROGRAMS 202,400
    TAMPA JCC AND FEDERATION
    13009 COMMUNITY CAMPUS DR
    TAMPA,FL33625     		NONE PC SUPPORT CAMP PROGRAMS 25,400
    TAMPA JEWISH FAMILY SERVICES
    522 N HOWARD AVE
    TAMPA,FL33606     		NONE PC SUPPORT HEALTHY FOOD INITIATIVE 8,600
    TEMPLE BETH SHALOM
    1050 S TUTTLE AVE
    SARASOTA,FL34237     		NONE PC GENERAL SUPPORT 30,000
    WILLIAM BREMAN JEWISH HOME
    3150 HOWELL MILL ROAD NW
    ATLANTA,GA30327     		NONE PC SUPOORT FOR OLDER ADULTS 11,800
    WOMEN'S RESOURCE CTR OF MANATEE
    1926 MANATEE AVE W
    BRADENTON,FL34205     		NONE PC PROVIDE SCHOLARSHIPS 20,000
    WOMEN'S RESOURCE CTR OF MANATEE
    1926 MANATEE AVE W
    BRADENTON,FL34205     		NONE PC SUPPORT SCHOLARSHIP EMERGENCY FUND 5,000
    Total .................................bullet 3a 1,105,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 354  
    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 ............     		    18 548,227  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFED TAX REFUND     		    1 8,797  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   877,627  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    877,627
    (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 SCHOENBAUM FAMILY
     
    FOUNDATION INC
    EIN:
    65-0043921
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 6,500 6,500    

    TY 2021 ExplnOfNonFilingWithAGStmt
    Name:
    THE SCHOENBAUM FAMILY
     
    FOUNDATION INC
    EIN:
    65-0043921
    Statement:
    FLORIDA ATTORNEY GENERAL DOES NOT REQUIRE AND PREFERS THAT WE DO NOT FURNISH A COPY OF FORM 990-PF TO THEIR OFFICE.

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE SCHOENBAUM FAMILY
     
    FOUNDATION INC
    EIN:
    65-0043921
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AQR LARGE CAP MULTI-STYLE FD AT COST 735,236 849,734
    CAUSEWAY INT'L OPP FD AT COST 941,097 1,137,758
    CHAMPLAIN MID CAP FD AT COST 335,674 444,653
    DFA REAL ESTATE AT COST 529,046 944,157
    GCP SPV LTD AT COST 53,503 3,500
    ISHARES RUSSELL 1000 VALUE AT COST 235,168 345,264
    LAZARD YS EQUITY CONCENTRATED PORT AT COST 429,574 503,425
    MARRIOTT INTENATIONAL INC AT COST 211,952 2,460,754
    MARRIOTT VACATIONS WORLDWIDE AT COST 31,220 614,411
    MILLENIUM INTL LTD AT COST 371,850 593,955
    OCA MEZZANINE II AT COST 30,466 92,210
    PIMCO LOW DUR FD II AT COST 1,707,630 1,713,923
    SENATOR GLOBAL OPP FD AT COST 16,751 38,844
    TOUCHSTONE IMPACT BD DS CL I AT COST 4,335,674 4,327,731
    TOUCHSTONE SANDS CAP INST GROWTH AT COST 384,999 492,482
    VANGUARD INDEX FDS EXT MKT ETF AT COST 556,339 891,625
    VANGUARD INDEX FDS S&P 500 ETF AT COST 1,519,860 2,497,180
    VANGUARD ST ETF AT COST 1,097,373 1,073,041
    VANGUARD INTL EQ INDEX FDS FTSE AT COST 624,780 828,689
    VANGUARD MALVERN FDS ST AT COST 515,954 536,719
    VIRTUS VONTOBEL FOR OPP FD CL 1 AT COST 472,795 451,989

    TY 2021 OtherAssetsSchedule
    Name:
    THE SCHOENBAUM FAMILY
     
    FOUNDATION INC
    EIN:
    65-0043921
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DISTRIBUTION RECEIVABLE-MILLENIUM 366,473 604,004 604,004
    DISTRIBUTION RECIEVABLE-SGOF   4,945 4,945
    PREPAID EXCISE TAX 229    


    TY 2021 OtherExpensesSchedule
    Name:
    THE SCHOENBAUM FAMILY
     
    FOUNDATION INC
    EIN:
    65-0043921
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    CHECK FEES 13 3   10
    CONSULTING FEES 23,337 4,667   18,670
    INSURANCE 140 140    
    INVESTMENT MANAGEMENT 67,086 67,086    
    OFFICE SUPPLIES 23 5   18


    TY 2021 OtherIncomeSchedule2
    Name:
    THE SCHOENBAUM FAMILY
     
    FOUNDATION INC
    EIN:
    65-0043921
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FED TAX REFUND 8,797    


    TY 2021 OtherLiabilitiesSchedule
    Name:
    THE SCHOENBAUM FAMILY
     
    FOUNDATION INC
    EIN:
    65-0043921
    Description Beginning of Year - Book Value End of Year - Book Value
    OTHER PAYABLE 56  


    TY 2021 TaxesSchedule
    Name:
    THE SCHOENBAUM FAMILY
     
    FOUNDATION INC
    EIN:
    65-0043921
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX WITHHELD 5,951 5,951    
    FEDERAL EXCISE TAX 31,150