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 ACIERNO FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1011 CENTRE ROAD 310
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE19805
A Employer identification number

82-3460019
B Telephone number (see instructions)

(302) 225-0600
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$12,593,020J 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 42,013 42,013  
4 Dividends and interest from securities... 202,527 202,527  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 352,773
b Gross sales price for all assets on line 6a 2,523,035
7 Capital gain net income (from Part IV, line 2)... 352,773
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 230 230  
12 Total. Add lines 1 through 11........ 597,543 597,543  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 182 164   18
b Accounting fees (attach schedule)....... Click to see attachment 10,825 9,742   1,083
c Other professional fees (attach schedule).... Click to see attachment 51,104 51,104   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,928 3,664   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 1,021 1,021   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 69,060 65,695   1,101
25 Contributions, gifts, grants paid....... 510,000 510,000
26 Total expenses and disbursements. Add lines 24 and 25 579,060 65,695   511,101
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 18,483
b Net investment income (if negative, enter -0-) 531,848
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......... 97,706 111,794 111,794
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.......... 2,240 2,376 2,376
10a Investments—U.S. and state government obligations (attach schedule) 1,085,187 Click to see attachment944,056 957,312
b Investments—corporate stock (attach schedule)....... 1,409,751 Click to see attachment1,599,696 2,185,448
c Investments—corporate bonds (attach schedule)....... 1,075,722 Click to see attachment771,809 783,223
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,548,174 Click to see attachment5,809,909 8,542,934
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment12,785 Click to see attachment9,933 Click to see attachment9,933
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,231,565 9,249,573 12,593,020
Liabilities 17 Accounts payable and accrued expenses.......... 475  
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)......... 475 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 9,231,090 9,249,573
29 Total net assets or fund balances (see instructions)..... 9,231,090 9,249,573
30 Total liabilities and net assets/fund balances (see instructions). 9,231,565 9,249,573
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
9,231,090
2
Enter amount from Part I, line 27a .....................
2
18,483
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
9,249,573
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,249,573
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 GS SECURITIES ACCT#6983 - COVERED LONG TERM      
b GS SECURITIES ACCT#6991 - COVERED LONG TERM      
c GS SECURITIES ACCT#7007 - COVERED LONG TERM      
d GS SECURITIES ACCT#6975 - COVERED LONG TERM      
e GS SECURITIES ACCT#6983 - COVERED SHORT TERM      
GS SECURITIES ACCT#6991 - COVERED SHORT TERM      
GS SECURITIES ACCT#7007 - COVERED SHORT TERM      
GS SECURITIES ACCT#6975 - COVERED SHORT TERM      
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 862,956   743,836 119,120
b 261,142   149,640 111,502
c 179,030   123,684 55,346
d 564,201   540,723 23,478
e 196,644   185,483 11,161
341,316   329,689 11,627
32,235   35,093 -2,858
59,571   62,114 -2,543
25,940     25,940
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       119,120
b       111,502
c       55,346
d       23,478
e       11,161
      11,627
      -2,858
      -2,543
      25,940
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 2 352,773
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 7,393
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 7,393
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 2,376
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 8,700
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 11,076
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 3,683
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet3,683 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
 
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)
    bulletDE
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMICHAEL A ACIERNO Telephone no.bullet (302) 225-0600

    Located atbullet1011 CENTRE ROAD SUITE 310WILMINGTONDE ZIP+4bullet19805
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MICHAEL A ACIERNO DIRECTOR/PRESIDENT/TREASUR
    1.00     		0 0 0
    C/O BLS 1011 CENTRE ROAD SUITE 310
    WILMINGTON,DE19805
    JOHN J YANNACONE DIRECTOR/VICE-PRESIDENT/SE
    1.00     		0 0 0
    C/O BLS 1011 CENTRE ROAD SUITE 310
    WILMINGTON,DE19805
    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  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    12,210,104
    b
    Average of monthly cash balances.......................
    1b
    80,354
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,290,458
    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
    12,290,458
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    184,357
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    12,106,101
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    605,305
    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
    605,305
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    7,393
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,393
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    597,912
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    597,912
    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
    597,912
    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 7 597,912
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 507,139
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 511,101
    a Applied to 2020, but not more than line 2a 507,139
    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..... 3,962
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		593,950
    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) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    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
    ALZHEIMER'S ASSOCIATION
    225 N MICHIGAN AVE FLOOR 17
    CHICAGO,IL60601     		N/A PUBLIC THE FURTHERANCE OF CHARITABLE PROGRAMS 35,000
    DELAWARE ART MUSEUM
    2301 KENTMERE PARKWAY
    WILMINGTON,DE19806     		N/A PUBLIC THE FURTHERANCE OF CHARITABLE PROGRAMS 50,000
    DO IT FOR THE LOVE FOUNDATION
    1002 NATCHEZ ROAD
    FRANKLIN,TN37069     		N/A PUBLIC THE FURTHERANCE OF CHARITABLE PROGRAMS 25,000
    EPILEPSY FOUNDATION OF DELAWARE
    527 STANTON CHRISTIANA ROAD
    NEWARK,DE19713     		N/A PUBLIC THE FURTHERANCE OF CHARITABLE PROGRAMS 10,000
    MARYLAND FOOD BANK
    2200 HALETHORPE FARMS ROAD
    BALTIMORE,MD21227     		N/A PUBLIC THE FURTHERANCE OF CHARITABLE PROGRAMS 11,000
    ST EDMONDS ACADEMY
    2120 VEALE ROAD
    WILMINGTON,DE19810     		N/A PUBLIC SCHOLARSHIPS 100,000
    WEST END NEIGHBORHOOD HOUSE
    710 NORTH LINCOLN STREET
    WILMINGTON,DE19805     		N/A PUBLIC THE FURTHERANCE OF CHARITABLE PROGRAMS 10,000
    FRIENDS OF FUSION FOUNDATION
    15 FLINT ROAD
    NEWARK,DE19711     		N/A PUBLIC THE FURTHERANCE OF CHARITABLE PROGRAMS 10,000
    WELLNESS HOUSE OF ANNAPOLIS
    2625 MAS QUE FARM ROAD
    ANNAPOLIS,MD21403     		N/A PUBLIC THE FURTHERANCE OF CHARITABLE PROGRAMS 110,000
    LITTLE SISTERS OF THE POOR
    185 SALEM CHURCH ROAD
    NEWARK,DE19713     		N/A PUBLIC THE FURTHERANCE OF CHARITABLE PROGRAMS 20,000
    ST ANTHONY OF PADUA CHURCH
    901 N DUPONT STREET
    WILMINGTON,DE19805     		N/A PUBLIC THE FURTHERANCE OF CHARITABLE PROGRAMS 10,000
    THE TREVOR PROJECT
    PO BOX 69232
    WEST HOLLYWOOD,CA90069     		N/A PUBLIC THE FURTHERANCE OF CHARITABLE PROGRAMS 35,000
    FOOD BANK OF DELAWARE
    222 LAKE DRIVE
    NEWARK,DE19702     		N/A PUBLIC THE FURTHERANCE OF CHARITABLE PROGRAMS 51,000
    SHANNON'S COMFY CHEMO CARE BAG PROJECT
    1909 ALTHEA LANE
    BOWIE,MD20716     		N/A PUBLIC THE FURTHERANCE OF CHARITABLE PROGRAMS 1,000
    HURRICANE ISLAND OUTWARD BOUND SCHOOL
    21 ELM STREET
    CAMDEN,ME04843     		N/A PUBLIC THE FURTHERANCE OF CHARITABLE PROGRAMS 1,000
    CATHOLIC CHARITIES USA
    2050 BALLENGER AVENUE SUITE 400
    ALEXANDRIA,VA22314     		N/A PUBLIC THE FURTHERANCE OF CHARITABLE PROGRAMS 30,000
    CHESAPEAKE BAY OUTWARD BOUND SCHOOL
    1900 EAGLE DRIVE
    BALTIMORE,MD21207     		N/A PUBLIC THE FURTHERANCE OF CHARITABLE PROGRAMS 1,000
    Total .................................bullet 3a 510,000
    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 ...........     		    14 42,013  
    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 ............     		    18 352,773  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 597,543 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    597,543
    (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 ACIERNO FAMILY FOUNDATION
    EIN:
    82-3460019
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 10,825 9,742   1,083

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE ACIERNO FAMILY FOUNDATION
    EIN:
    82-3460019
    Name of Bond End of Year Book Value End of Year Fair Market Value
    35000 TRANS-CANADA PIPELINES 2.5% 08/01/2022 USD SR LIEN 34,796 35,348
    42000 PHILIP MORRIS INTERNATIONAL IN 2.375% 08/17/2022 USD 41,736 42,410
    5000 BOEING COMPANY (THE) 1.167% 02/04/2023 USD SR LIEN 5,000 5,001
    41000 BMW US CAPITAL LLC 3.45% 04/12/2023 USD PVT REGS SR 40,782 42,282
    40000 GLAXOSMITHKLINE CAPITAL PLC 3.375% 05/15/2023 USD SER 39,929 41,425
    40000 JOHN DEERE CAPITAL CORP MTN 3.45% 06/07/2023 USD SR 40,021 41,462
    39000 UNION PACIFIC CORP 3.5% 06/08/2023 USD SR LIEN NEXT CALL 38,979 40,343
    20000 AIR LEASE CORPORATION 3.875% 07/03/2023 USD SR LIEN 19,796 20,715
    38000 TOTAL CAPITAL CANADA LTD. 2.75% 07/15/2023 USD SR LIEN 37,595 39,047
    30000 STRYKER CORP 0.6% 12/01/2023 SR LIEN NEXT CALL DT. 12 01 29,974 29,840
    40000 APPLE INC. 2.85% 05/11/2024 USD SR LIEN NEXT CALL DT. 03 11 39,454 41,668
    10000 DISCOVER FINANCIAL SVS 3.75% 03/04/2025 USD SR LIEN 10,780 10,583
    30000 DOMINION ENERGY INC 3.3% 03/15/2025 USD SER A SR LIEN 29,952 31,393
    20000 SYNCHRONY FINANCIAL 4.5% 07/23/2025 USD SR LIEN NEXT 21,953 21,618
    30000 MCDONALD'S CORPORATION MTN 1.45% 09/01/2025 USD SR 29,945 30,281
    34000 SOUTHERN POWER COMPANY 4.15% 12/01/2025 USD SR LIEN 33,919 36,993
    35000 CITIGROUP INC 3.4% 05/01/2026 USD SR LIEN S&P BBB+ 38,319 37,549
    40000 WELLS FARGO & COMPANY MTN 4.1% 06/03/2026 USD SER 44,760 43,619
    38000 ADOBE INC 2.15% 02/01/2027 USD SR LIEN NEXT CALL DT. 12 01 37,975 39,113
    25000 NETAPP, INC. 2.375% 06/22/2027 USD SR LIEN NEXT CALL DT. 04 24,960 25,671
    35000 ROPER TECHNOLOGIES INC 1.4% 09/15/2027 SR LIEN NEXT CALL 34,951 33,986
    25000 AMERICAN TOWER CORP 1.5% 01/31/2028 SR LIEN NEXT CALL 24,993 23,938
    10000 DIGITAL REALTY TRUST, INC. 4.45% 07/15/2028 USD SR LIEN 11,661 11,280
    15000 AT&T INC. 4.35% 03/01/2029 USD SER 10YR SR LIEN NEXT CALL 17,510 16,863
    15000 BOSTON SCIENTIFIC CORP 4.0% 03/01/2029 USD SR LIEN NEXT 17,218 16,671
    12000 JPMORGAN CHASE & CO. HYBRID 04/23/2029 USD SR LIEN 13,955 13,255
    10000 ROYAL BK SCOTLND GRP PLC 6.0% 12/19/2023 USD SUB LIEN 10,896 10,869

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE ACIERNO FAMILY FOUNDATION
    EIN:
    82-3460019
    Name of Stock End of Year Book Value End of Year Fair Market Value
    53 SHS AXSOME THERAPEUTICS, INC. CMN (AXSM) 1,402 2,002
    360 SHS AZEK COMPANY INC. (THE) CMN (AZEK) 13,654 16,645
    111 SHS AZENTA INC CMN (AZTA) 10,433 11,444
    67 SHS BALCHEM CORPORATION CMN (BCPC) 5,850 11,295
    104 SHS BANDWIDTH INC. CMN CLASS A (BAND) 10,669 7,463
    30 SHS BEAM THERAPEUTICS INC CMN (BEAM) 3,239 2,391
    263 SHS BIOLIFE SOLUTIONS, INC. CMN (BLFS) 12,286 9,802
    180 SHS BJ'S WHOLESALE CLUB HOLDINGS, CMN (BJ) 7,054 12,055
    61 SHS BLACKLINE, INC. CMN (BL) 5,239 6,316
    558 SHS BROOKLINE BANCORP INC CMN (BRKL) 8,975 9,034
    270 SHS CACTUS, INC. CMN CLASS A (WHD) 10,595 10,295
    54 SHS CERENCE, INC. CMN (CRNC) 2,629 4,139
    61 SHS CHART INDUSTRIES, INC. CMN (GTLS) 4,957 9,729
    233 SHS CHESAPEAKE ENERGY CORPORATION CMN (CHK) 14,803 15,033
    38 SHS CMC MATERIALS INC CMN (CCMP) 3,754 7,284
    263 SHS COHEN & STEERS, INC. CMN (CNS) 18,196 24,330
    477 SHS COLUMBIA BANKING SYSTEM, INC. CMN (COLB) 19,054 15,607
    81 SHS COMFORT SYSTEMS USA INC COMMON STOCK (FIX) 3,783 8,014
    76 SHS CONMED CORPORATION CMN (CNMD) 8,303 10,774
    121 SHS CRYOPORT, INC. CMN (CYRX) 5,574 7,160
    115 SHS CYTOKINETICS, INC. CMN (CYTK) 3,358 5,242
    75 SHS EAGLE MATERIALS INC. CMN (EXP) 4,799 12,485
    310 SHS EASTERN BANKSHARES INC CMN (EBC) 6,415 6,253
    116 SHS EVERCORE INC CMN CLASS A (EVR) 12,477 15,759
    470 SHS FOCUS FINANCIAL PARTNERS INC. CMN CLASS A (FOCS) 18,224 28,068
    54 SHS FOX FACTORY HOLDING CORP. CMN (FOXF) 3,213 9,185
    102 SHS FRANKLIN ELECTRIC INC CMN (FELE) 8,594 9,645
    86 SHS FRONTDOOR, INC. CMN (FTDR) 2,948 3,152
    125 SHS GREEN PLAINS INC CMN (GPRE) 3,329 4,345
    290 SHS H&E EQUIPMENT SERVICES INC CMN (HEES) 11,261 12,838
    380 SHS HAYWARD HOLDINGS, INC. CMN (HAYW) 8,929 9,967
    215 SHS HILTON GRAND VACATIONS INC. CMN (HGV) 9,746 11,204
    226 SHS INDEPENDENT BANK CORP. CMN (INDB) 16,389 18,426
    73 SHS INSTALLED BLDG PRODS INC CMN (IBP) 7,840 10,200
    37 SHS INTELLIA THERAPEUTICS, INC. CMN (NTLA) 2,824 4,375
    600 SHS JETBLUE AIRWAYS CORPORATION CMN (JBLU) 10,820 8,544
    143 SHS KB HOME CMN (KBH) 3,296 6,396
    171 SHS KENNAMETAL INC. CMN (KMT) 4,386 6,141
    30 SHS LANCASTER COLONY CORPORATION CMN (LANC) 4,286 4,968
    405 SHS LESLIE'S, INC. CMN (LESL) 10,498 9,582
    47 SHS LHC GROUP, INC. CMN (LHCG) 5,965 6,450
    176 SHS LIVEPERSON, INC. CMN (LPSN) 5,186 6,287
    160 SHS MACOM TECHNOLOGY SOLUTIONS CMN (MTSI) 9,978 12,528
    106 SHS MAXLINEAR, INC. CMN (MXL) 2,315 7,991
    51 SHS MESA LABORATORIES INC CMN (MLAB) 12,924 16,733
    180 SHS MP MATERIALS CORP CMN (MP) 6,409 8,176
    85 SHS NEOGENOMICS, INC. CMN (NEO) 2,884 2,900
    128 SHS OASIS PETROLEUM INC. CMN (OAS) 12,308 16,127
    85 SHS OVERSTOCK.COM INC DEL CMN (OSTK) 7,998 5,016
    154 SHS POWER INTEGRATIONS, INC. CMN (POWI) 10,498 14,305
    360 SHS PUBMATIC INC CMN CLASS A (PUBM) 11,773 12,258
    40 SHS QUALYS INC CMN (QLYS) 4,072 5,489
    41 SHS RBC BEARINGS INCORPORATED CMN (ROLL) 8,315 8,281
    68 SHS RENEWABLE ENERGY GROUP, INC. CMN (REGI) 2,669 2,886
    125 SHS SEMTECH CORP CMN (SMTC) 6,444 11,116
    41 SHS SILICON LABORATORIES INC. CMN (SLAB) 3,566 8,463
    75 SHS SIMPSON MANUFACTURING CO INC CMN (SSD) 7,723 10,430
    150 SHS SOUTH JERSEY INDUSTRIES CMN (SJI) 3,510 3,918
    315 SHS SPIRIT AEROSYSTEMS HOLDINGS INC CMN (SPR) 14,660 13,573
    39 SHS SPROUT SOCIAL, INC. CMN (SPT) 1,161 3,537
    370 SHS SUMMIT MATERIALS, INC. CMN CLASS A (SUM) 9,597 14,852
    970 SHS SWITCH INC CMN (SWCH) 20,821 27,780
    16 SHS SYNAPTICS, INC. CMN (SYNA) 1,264 4,632
    121 SHS TECHTARGET, INC. CMN (TTGT) 8,890 11,575
    190 SHS TEREX CORP (NEW) CMN (TEX) 8,806 8,351
    66 SHS THE HOWARD HUGHES CORP CMN (HHC) 6,254 6,717
    225 SHS TRANSMEDICS GROUP INC CMN (TMDX) 7,391 4,311
    97 SHS TRIUMPH BANCORP, INC. CMN (TBK) 3,166 11,551
    57 SHS UPWORK, INC. CMN (UPWK) 3,122 1,947
    115 SHS VARONIS SYSTEMS, INC. CMN (VRNS) 4,039 5,610
    64 SHS VISTEON CORPORATION CMN (VC) 5,663 7,113
    118 SHS WALKER & DUNLOP, INC. CMN (WD) 5,215 17,804
    210 SHS WERNER ENTERPRISES, INC. CMN (WERN) 9,373 10,009
    270 SHS WILLSCOT MOBILE MINI HOLDINGS CMN (WSC) 8,613 11,027
    112 SHS WINTRUST FINANCIAL CORP CMN (WTFC) 5,106 10,172
    370 SHS WOLVERINE WORLD WIDE CMN (WWW) 11,800 10,660
    85 SHS WORKIVA INC. CMN (WK) 11,421 11,092
    220 SHS ZURN WTR SOLUTI/SH CMN (ZWS) 3,790 8,008
    530 SHS DIGITALBRIDGE GROUP, INC. CMN (DBRG) 4,290 4,415
    565 SHS HUDSON PACIFIC PROPERTIES, INC CMN (HPP) 15,306 13,961
    340 SHS MACERICH COMPANY CMN (MAC) 6,217 5,875
    174 SHS TERRENO REALTY CORPORATION CMN (TRNO) 7,580 14,840
    103 SHS ALBANY INTERNATIONAL CORP CLASS A (AIN) 5,193 9,110
    240 SHS ALTRA INDUSTRIAL MOTION CORP CMN (AIMC) 8,669 12,377
    420 SHS AMERICAN EAGLE OUTFITTERS INC (NEW) (AEO) 12,950 10,634
    122 SHS ARVINAS, INC. CMN (ARVN) 8,287 10,021
    75 SHS ASBURY AUTOMOTIVE GROUP, INC. CMN (ABG) 14,740 12,955
    82 SHS ASGN INCORPORATED CMN (ASGN) 6,617 10,119
    191 SHS ENN ENERGY HOLDINGS LIMITED ADR CMN (XNGSY) 12,398 14,386
    85 SHS XP INC CMN CLASS A (XP) 3,499 2,443
    1790 SHS ADYEN N.V. ADR CMN (ADYEY) 15,481 47,054
    967 SHS AIA GROUP LIMITED SPONSOR ADR CMN SERIES (AAGIY) 34,673 38,996
    417 SHS AIR LIQ2UIDE SA ADR CMN (AIQUY) 9,894 14,541
    265 SHS ALCON INC CMN (ALC) 16,739 23,087
    508 SHS ALFA LAVAL AB UNSPONSORED ADR CMN (ALFVY) 11,819 20,446
    1697 SHS ALLIANZ SE ADR CMN (AUZY) 38,526 40,073
    4858 SHS AMBER S.A. SPONSORED ADR CMN (ABEV) 18,336 13,042
    785 SHS ATLAS COPCO AB SPONS ADR NEW RESTG COM SER-A (ATLKY) 22,641 54,259
    3178 SHS BANCO BILBAO VIZCAYS S.A. ADR SPONSORED ADR CMN USDO 3296 (BBVA) 19,842 18,655
    507 SHS BMP GROUP LTD SPONSORED ADR CMN (BHP) 40,747 30,597
    125 SHS CANADIAN NATIONAL RAILWAY CO. CMN (CNI) 9,770 15,358
    246 SHS CHECK POINT SOFTWARE TECH LTD ORDINARY SHARES (CHKP) 23,770 28,674
    1031 SHS CHUGAN PHARMACEUTICALS CO. LTD UNSPONSORED ADR CMN (CHGCY) 10,717 16,720
    4179 SHS CSPC PHARMACENTICAL GROUP KUU ADR CMN (CSPCY)\ 20,268 18,162
    715 SHS DASSAULT SYSTENES SOISIRED ADR CMN (DASTY) 19,788 42,533
    432 SHS DBS GROUP HOLDINGS SPONSORED ADR CMN (DBSDY) 31,237 41,862
    81 SHS DIAGEO PLC SPON ADR (NEW) SPONSORED ADR CMN A(DEO) 11,607 17,831
    995 SHS EPIROC AB ADR CMN (EPOKY) 8,968 25,188
    484 SHS FANUC CORPORATION UNSPONSORED ADR CMN (FANUY) 8,939 10,247
    231 SHS FOMENTO ECEONOMICO MEXICANO SAB DE C.V. NEW SPONS ADR (FMX) 17,931 17,951
    908 SHS HAIER SMART HOME CO. LTD ADR CMN (HSHCY) 13,330 15,368
    191 SHS HDFC BANK LIMITED SPONSORED ADR CMN (HDB) 8,791 12,428
    1192 SHS ICICI BANK LIMITED SPONS ADR (IBN) 10,194 23,590
    993 SHS INFIEON ECHNOLOGIES INC AG-ADR SPONSORED ADR CMN 1 (IFNNY) 15,862 46,028
    591 SHS KOMATSU LTD ADR (NEW) SPONSORED GDS CMN (KMTUY) 10,819 13,823
    208 SHS KOBUTA LTD ADR CMN (KUBTY) 16,211 23,061
    550 SHS LOREAL CO (ADR) CMN (URLCY) 27,977 52,157
    49 SHS LINDE PLC CMN (LIN) 7,580 16,975
    417 SHS LONZA GROUP AG UNSPONSORED ADR CMN (LZAGY) 11,020 34,856
    276 SHS LUKOIL PJSC SPONSORED ADR CMN CLASS STAMP EXEMPT (LUKOIY) 21,869 24,176
    236 SHS NESTLE SA SPONSORED ADR (REP 1/20 CHF 10 REGD SHSI (NSRGY) 18,125 33,009
    1051 SHS NITORI HOLDINGS CO LTD ADR CMN (NCLTY) 17,158 15,721
    169 SHS NOVOZMES SA UNSPONSORED ADR CMN (NINVZMY( 8,256 13,881
    630 SHS PT TELEDOMUNKAS ADS (1 ADS 40 ORD (PNGAY) 14,027 18,264
    849 SHS PINO AN INS GRP CO OF CHINA SPONSORED ADR CMN (PNGAY) 17,565 12,229
    367 SHS RIO TINTO PLC SPONSORED ADR (RIO) 18,445 24,567
    772 SHS ROCHE HOLDING AG ADR B SHSINOM CHF 100 VAL 224 184 (RHHBY) 21,574 40,151
    396 SHS ROYAL DUTCH SHELL PLC SPONSORED ADR CMN SERIES B (RDSB) 19,207 17,167
    256 SHS SP SE (SPON ADR) (SAP) 28,138 35,868
    1088 SHS SCHNEIDER ELECTRIC SE UNSPONSORED ADR (FRANCE) (SBSGY) 19,673 42,676
    346 SHS SGS SA ADR CMN (SGSDY) 8,501 11,571
    1238 SHS SHIONOGI & CO LTD UNSPONSORED ADR CMN (SGIOY) 17,344 21,837
    226 SHS SONOVA HOLDING AG (THE) UNSPONSORED ADR CMN (AONVY) 7,249 17,750
    589 SHS SYMRISE AG UNSPONSORED ADR CMN (SYIEY) 12,329 21,819
    385 SHS SYSMEX CORPORATION ADR CMN (SSMXY) 16,530 25,994
    404 SHS TAIWAN SEMICODUCTOR MFG ADS LTD ADS 1 ADS EQUALS SORDS (TSM) 16,359 48,605
    663 SHS TENCENT HOLDINGS LIMITED UNSPONSORED ADR CMN ADD ADR REL 19358779 33,923 38,846
    2943 SHS UNICHARM CORP SPONSORED ADR CMN (UNICY) 19,616 25,551
    311 SHS UNILEVER CORP DPONSORED ADR CMN (UL) 16,366 16,729
    181 SHS YANDEX NV CMN (YNDX) 5,237 10,951
    199 SHS FUCHS OETRIKYS SE ADR CMN (FUPBY) 1,842 2,258
    3698 SHS ITAU UNBANCO BANCO HOLDING SA SPONSORED ADR CMN (ITUB) 22,370 13,868

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    THE ACIERNO FAMILY FOUNDATION
    EIN:
    82-3460019
    US Government Securities - End of Year Book Value:

    944,056
    US Government Securities - End of Year Fair Market Value:

    957,312
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE ACIERNO FAMILY FOUNDATION
    EIN:
    82-3460019
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FEDERATED HERMES INSTITUTIONAL HIGH YIELD BOND FUND AT COST 502,453 513,710
    GOLDMAN SACHS STRATEGIC VOLATILITY PREMIUM FUND CLASS P AT COST 1,003,790 999,826
    GS EMERGING MARKETS EQUITY FUND - CLASS P AT COST 353,746 454,445
    ISHARES S&P 500 INDEX FUND - CLASS G AT COST 3,268,331 5,664,267
    GS GQG PARTNERS INTERNATIONAL OPPORTUNITIES FUND AT COST 681,589 910,686

    TY 2021 LegalFeesSchedule
    Name:
    THE ACIERNO FAMILY FOUNDATION
    EIN:
    82-3460019
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 182 164   18


    TY 2021 OtherAssetsSchedule
    Name:
    THE ACIERNO FAMILY FOUNDATION
    EIN:
    82-3460019
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INCOME RECEIVABLE 12,785 9,933 9,933


    TY 2021 OtherExpensesSchedule
    Name:
    THE ACIERNO FAMILY FOUNDATION
    EIN:
    82-3460019
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 1,021 1,021   0


    TY 2021 OtherIncomeSchedule2
    Name:
    THE ACIERNO FAMILY FOUNDATION
    EIN:
    82-3460019
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS PORTFOLIO INCOME 230 230 230


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE ACIERNO FAMILY FOUNDATION
    EIN:
    82-3460019
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVISORY FEES 51,104 51,104   0


    TY 2021 TaxesSchedule
    Name:
    THE ACIERNO FAMILY FOUNDATION
    EIN:
    82-3460019
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 3,664 3,664   0
    SECT 4940 TAX ON NET INVESTMENT INCOME 2,264 0   0