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 Sand Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

81-3209913
B Telephone number (see instructions)

(800) 839-1754
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$10,246,690J 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) 13
2 Check bullet.............
3 Interest on savings and temporary cash investments 126 126  
4 Dividends and interest from securities... 187,434 187,434  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 460,840
b Gross sales price for all assets on line 6a 1,357,682
7 Capital gain net income (from Part IV, line 2)... 460,840
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 3,400 3,400  
12 Total. Add lines 1 through 11........ 651,813 651,800  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 5,000     5,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 144,547 48,547   96,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,431 67    
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 36,394 159   36,235
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 192,372 48,773   137,235
25 Contributions, gifts, grants paid....... 285,200 285,200
26 Total expenses and disbursements. Add lines 24 and 25 477,572 48,773   422,435
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 174,241
b Net investment income (if negative, enter -0-) 603,027
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......... 228,846 102,814 102,814
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)....... 7,442,200 Click to see attachment7,618,067 9,919,461
c Investments—corporate bonds (attach schedule)....... 100,000 Click to see attachment100,000 100,000
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   Click to see attachment124,406 124,415
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,771,046 7,945,287 10,246,690
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 7,771,046 7,945,287
29 Total net assets or fund balances (see instructions)..... 7,771,046 7,945,287
30 Total liabilities and net assets/fund balances (see instructions). 7,771,046 7,945,287
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
7,771,046
2
Enter amount from Part I, line 27a .....................
2
174,241
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
7,945,287
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
7,945,287
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,357,682   896,842 460,840
b
c
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       460,840
b
c
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 2 460,840
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 8,382
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 8,382
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 5,280
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 4,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 9,780
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,398
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet1,398 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)
    bulletPA
    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 addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Alexander Braun SchoenfeldClick to see attachment Dir
    1.0     		1,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Barbara B SchoenfeldClick to see attachment Dir, Pres, Sec, Treas
    10.0     		1,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Gordon SchoenfeldClick to see attachment Dir
    1.0     		1,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Larry J SchoenfeldClick to see attachment Dir, VP
    1.0     		1,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Max SchoenfeldClick to see attachment Dir
    1.0     		1,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Saffron LLC Philanthropic 96,000
    10 Cliff Terrace
    Newport,RI02840
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    9,836,408
    b
    Average of monthly cash balances.......................
    1b
    102,018
    c
    Fair market value of all other assets (see instructions)................
    1c
    117,939
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,056,365
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    10,056,365
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    150,845
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    9,905,520
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    495,276
    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
    495,276
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    8,382
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,382
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    486,894
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    486,894
    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
    486,894
    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 7 486,894
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 385,180
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 422,435
    a Applied to 2020, but not more than line 2a 385,180
    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..... 37,255
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		449,639
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021.... 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ADOPT-A-CLASSROOM INC
    401 2ND AVE N STE 305
    MINNEAPOLIS,MN55401     		N/A PC General & Unrestricted 1,000
    AMOS HOUSE
    460 PINE ST
    PROVIDENCE,RI02907     		N/A GOV General & Unrestricted 1,000
    AQUIDNECK LAND TRUST
    790 AQUIDNECK AVE
    MIDDLETOWN,RI02842     		N/A PC General & Unrestricted 1,000
    BACKLINE CARE INC
    PO BOX 13511
    PORTLAND,OR97213     		N/A PC General & Unrestricted 1,000
    BERKELEY FOOD NETWORK
    1569 SOLANO AVE BOX 243
    BERKELEY,CA94707     		N/A PC General & Unrestricted 1,000
    BERKELEY PUBLIC SCHOOLS FUND
    PO BOX 2066
    BERKELEY,CA94702     		N/A PC General & Unrestricted 4,000
    BOYS AND GIRLS CLUBS OF PROVIDENCE
    90 IVES ST
    PROVIDENCE,RI02906     		N/A PC Food Program 500
    CALIFORNIA FIRE SAFE COUNCIL INC
    3237 PEACEKEEPER WAY STE 201
    MCCLELLAN,CA95652     		N/A PC General & Unrestricted 1,000
    CALIFORNIA VOLUNTEER FIRE DEPT
    PO BOX 578
    CALIFORNIA,PA15419     		N/A PC General & Unrestricted 500
    CENTER FOR DISASTER PHILANTHROPY INC
    1 THOMAS CIR NW STE 700
    WASHINGTON,DC20005     		N/A PC Greece fires 2,000
    CENTER FOR REPRODUCTIVE RIGHTS INC
    199 WATER ST 22ND FLOOR
    NEW YORK,NY10038     		N/A PC General & Unrestricted 15,000
    CITYSIDE JOURNALISM INITIATIVE
    2120 UNIVERSITY AVE
    BERKELEY,CA94704     		N/A PC General & Unrestricted 1,000
    COALITION ON HOMELESSNESS
    468 TURK ST
    SAN FRANCISCO,CA94102     		N/A PC General & Unrestricted 1,500
    COMMUNITY HOUSING PARTNERSHIP
    251 POST ST STE 200
    SAN FRANCISCO,CA94108     		N/A PC General & Unrestricted 1,500
    CONGREGATION OF THE SONS OF ISRAEL AND DAVID DBA T
    70 ORCHARD AVE
    PROVIDENCE,RI02906     		N/A PC President's Circle Premium Support 3,000
    CONNECTICUT COLLEGE
    270 MOHEGAN AVE
    NEW LONDON,CT06320     		N/A PC General & Unrestricted 8,000
    CRESSKILL JUNIOR-SENIOR HIGH SCHOOL HSA
    1 LINCOLN DR
    CRESSKILL,NJ07626     		N/A PC General & Unrestricted 600
    CROSSROADS RHODE ISLAND
    160 BROAD ST
    PROVIDENCE,RI02903     		N/A PC General & Unrestricted 20,000
    DORCAS INTERNATIONAL INSTITUTE OF RHODE ISLAND INC
    645 ELMWOOD AVE
    PROVIDENCE,RI02907     		N/A PC General & Unrestricted 200
    EDUCATIONAL FUND TO STOP GUN VIOLENCE
    805 15TH ST NW STE 410
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 500
    EVERYTOWN FOR GUN SAFETY SUPPORT FUND INC
    PO BOX 3886
    NEW YORK,NY10163     		N/A PC General & Unrestricted 500
    FORENSIC MENTAL HEALTH ASSOCIATION
    4010 FOOTHILLS BLVD STE 103
    ROSEVILLE,CA95747     		N/A PC General & Unrestricted 500
    FOSTER FORWARD
    55 S BROW ST
    EAST PROVIDENCE,RI02914     		N/A PC Holiday Gifts for Teens Campaign 500
    GAY MENS HEALTH CRISIS INC AIDS Walk New York Eve
    PO BOX 7607
    NEW YORK,NY10116     		N/A PC General & Unrestricted 500
    GEORGETOWN UNIVERSITY
    2115 WISCONSIN AVE NW STE 500
    WASHINGTON,DC20007     		N/A PC General & Unrestricted 1,000
    GRUB STREET INC
    PO BOX 418
    ARLINGTON,MA02476     		N/A PC General & Unrestricted 5,000
    HUMAN RIGHTS CAMPAIGN FOUNDATION
    1640 RHODE ISLAND AVE NW
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 10,000
    HUMANE SOCIETY OF THE UNITED STATES
    1255 23RD ST NW STE 450
    WASHINGTON,DC20037     		N/A PC General & Unrestricted 1,000
    INTERNATIONAL TENNIS HALL OF FAME INCORPORATED
    194 BELLEVUE AVE
    NEWPORT,RI02840     		N/A PC General & Unrestricted 200
    JEWISH ALLIANCE OF GREATER RHODE ISLAND
    401 ELMGROVE AVE
    PROVIDENCE,RI02906     		N/A PC General & Unrestricted 2,000
    KQED INC
    2601 MARIPOSA ST
    SAN FRANCISCO,CA94110     		N/A PC General & Unrestricted 1,000
    MARTIN LUTHER KING COMMUNITY CENTER INCORPORATED
    20 DR MARCUS WHEATLAND BLVD
    NEWPORT,RI02840     		N/A PC General & Unrestricted 200
    MARY C WHEELER SCHOOL INC
    216 HOPE ST
    PROVIDENCE,RI02906     		N/A PC Hamilton Institute Endowment 50,000
    MARY C WHEELER SCHOOL INC
    216 HOPE ST
    PROVIDENCE,RI02906     		N/A PC General & Unrestricted 3,500
    MDDS BALANCE DISORDER FOUNDATION INC
    22406 SHANNONDELL DR
    AUDUBON,PA19403     		N/A PC General & Unrestricted 200
    MENTAL HEALTH ASSOCIATION OF SAN FRANCISCO
    870 MARKET ST STE 928
    SAN FRANCISCO,CA94102     		N/A PC General & Unrestricted 500
    MR HOLLANDS OPUS FOUNDATION INC
    4370 TUJUNGA AVE SUITE 110
    STUDIO CITY,CA91604     		N/A PC General & Unrestricted 3,000
    NAF
    218 WEST 4OTH ST 5TH
    NEW YORK CITY,NY10018     		N/A PC General & Unrestricted 1,000
    NATIONAL GEOGRAPHIC SOCIETY
    1145 17TH ST NW
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 500
    NATIONAL SARCOIDOSIS FOUNDATION
    8032 S MERRILL AVE 1A
    CHICAGO,IL60617     		N/A PC General & Unrestricted 1,000
    NAVAL WAR COLLEGE FOUNDATION INC
    686 CUSHING RD
    NEWPORT,RI02841     		N/A PC Sentinel of the Seas and General Support 29,500
    NEWPORT ART MUSEUM AND ART ASSOCIATION
    76 BELLEVUE AVE
    NEWPORT,RI02840     		N/A PC General & Unrestricted 25,000
    NORMAN BIRD SANCTUARY TRUST
    583 3RD BEACH ROAD
    MIDDLETOWN,RI02842     		N/A PC General & Unrestricted 500
    NRIVA INC
    PO BOX 410843
    SAINT LOUIS,MO63141     		N/A PC NRIVA COVID-19 Relief Fund 500
    OCEAN FOUNDATION - OCEAN CONSERVATION RESEARCH PRO
    1990 M ST NW
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 500
    PLANNED PARENTHOOD FEDERATION OF AMERICA INC
    123 WILLIAMS ST 10TH FL
    NEW YORK,NY10038     		N/A PC General & Unrestricted 1,000
    PLAY FOR P I N K INC
    28 W 44TH ST STE 609
    NEW YORK,NY10036     		N/A PC General & Unrestricted 2,500
    PRESERVATION SOCIETY OF NEWPORT COUNTY
    424 BELLEVUE AVE
    NEWPORT,RI02840     		N/A PC Project Perserverance 1,000
    PRESIDENT AND DIRECTORS OF GEORGETOWN COLLEGE FOR
    3300 WHITEHAVEN ST STE 3000
    WASHINGTON,DC20007     		N/A PC Georgetown Lombardi Comprehensive Cancer Center for "AYA" integrative medicine 10,000
    PRO PUBLICA INC
    155 AVE OF THE AMERICAS 13TH FL
    NEW YORK,NY10013     		N/A PC General & Unrestricted 100
    PROVIDENCE ATHENAEUM
    251 BENEFIT ST
    PROVIDENCE,RI02903     		N/A PC General & Unrestricted 500
    PROVIDENCE COMMUNITY LIBRARY
    441 PRAIRIE AVE
    PROVIDENCE,RI02905     		N/A PC General & Unrestricted 200
    PROVIDENCE PUBLIC LIBRARY
    150 EMPIRE ST
    PROVIDENCE,RI02903     		N/A PC General & Unrestricted 200
    PTA CALIFORNIA CONGRESS OF PARENTS TEACHERS & STUD
    2300 MARTIN LUTHER KING JR WAY
    BERKELEY,CA94704     		N/A PC General & Unrestricted 10,000
    REGIONAL PARKS FOUNDATION
    PO BOX 21074 CRESTMONT STA
    OAKLAND,CA94620     		N/A PC General & Unrestricted 2,000
    RHODE ISLAND ARTS FOUNDATION AT NEWPORT INCORPORAT
    PO BOX 3303
    NEWPORT,RI02840     		N/A PC General & Unrestricted 1,000
    RHODE ISLAND COMMUNITY FOOD BANK ASSOCIATION
    200 NIANTIC AVE
    PROVIDENCE,RI02907     		N/A PC General & Unrestricted 500
    RHODE ISLAND FREE CLINIC INC
    655 BROAD ST STE 301
    PROVIDENCE,RI02907     		N/A PC General & Unrestricted 2,500
    RHODE ISLAND PHILHARMONIC ORCHESTRA & MUSIC SCHOOL
    667 WATERMAN AVE
    E PROVIDENCE,RI02914     		N/A PC Music School Scholarship Fund 5,000
    RHODE ISLAND PUBLIC RADIO
    1 UNION STA
    PROVIDENCE,RI02903     		N/A PC EJMP Challenge Grant for Investigative Journalism 5,000
    SAN FRANCISCO JAPANESE SCHOOL
    22 BATTERY ST STE 612
    SAN FRANCISCO,CA94111     		N/A PC General & Unrestricted 100
    SAN FRANCISCO SOCIETY FOR THE PREVENTION OF CRUELT
    201 ALABAMA ST
    SAN FRANCISCO,CA94103     		N/A PC General & Unrestricted 500
    SAVE THE BAY INC
    100 SAVE THE BAY DR
    PROVIDENCE,RI02905     		N/A PC General & Unrestricted 200
    SOCIETY FOR SCIENCE AND THE PUBLIC
    1719 N ST NW
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 1,000
    SOMA WEST COMMUNITY BENEFIT DISTRICT
    1066 HOWARD ST
    SAN FRANCISCO,CA94103     		N/A PC General & Unrestricted 500
    SOPHIA ACADEMY
    582 ELMWOOD AVE
    PROVIDENCE,RI02907     		N/A PC General & Unrestricted 1,000
    SOPHIA ACADEMY
    582 ELMWOOD AVE
    PROVIDENCE,RI02907     		N/A PC Scholarship Fund and Annual Fund 25,000
    SPONSORS FOR EDUCATIONAL OPPORTUNITY INC
    55 EXCHANGE PL
    NEW YORK,NY10005     		N/A PC General & Unrestricted 1,000
    THE MIRIAM HOSPITAL
    164 SUMMIT AVE
    PROVIDENCE,RI02906     		N/A PC General & Unrestricted 1,000
    THE NATURE CONSERVANCY
    250 LAWRENCE HILL RD
    COLD SPRING HARBOR,NY11724     		N/A PC General & Unrestricted 1,000
    THE SANDRA FEINSTEIN-GAMM THEATRE
    1245 JEFFERSON BLVD
    WARWICK,RI02886     		N/A PC General & Unrestricted 1,000
    TREEPEOPLE INC
    12601 MULHOLLAND DR
    BEVERLY HILLS,CA90210     		N/A PC General & Unrestricted 400
    TROUT UNLIMITED INC
    PO BOX 7400
    WOOLLY BUGGER,WV25438     		N/A PC General & Unrestricted 2,500
    WESTSIDE COMMUNITY MENTAL HEALTH CENTER
    1153 OAK ST
    SAN FRANCISCO,CA94117     		N/A PC General & Unrestricted 500
    WIKIMEDIA FOUNDATION INC
    PO BOX 98204
    WASHINGTON,DC20090     		N/A PC General & Unrestricted 100
    WILDERNESS INQUIRY INC
    1611 COUNTY RD B WEST STE 315
    ST PAUL,MN55113     		N/A PC General & Unrestricted 1,000
    WORLD WILDLIFE FUND INC
    1250 24TH ST NW
    WASHINGTON,DC20037     		N/A PC General & Unrestricted 500
    YALE UNIVERSITY
    PO BOX 2038
    NEW HAVEN,CT06521     		N/A PC School of Management: Dean's Priorities 1,000
    YEAR UP INC
    45 MILK ST 9TH FL
    BOSTON,MA02109     		N/A PC General & Unrestricted 3,000
    Total .................................bullet 3a 285,200
    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 ...........     		    14 126  
    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 ............     		    18 460,840  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss     		    14 3,375  
    bCLASS ACTION LAWSUIT PROCEEDS     01 25  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   651,800  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    651,800
    (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 CompensationExplanation
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Person Name Explanation
    Barbara B Schoenfeld * BARBARA B SCHOENFELD, DIRECTOR/PRESIDENT/SECREATRY/TREASURER OF THE SAND FOUNDATION (THE "FOUNDATION"), IS THE SOLE MEMBER AT THE CONSULTING FIRM OF SAFFRON LLC, A DISQUALIFIED PERSON WHICH PROVIDES CONSULTING SERVICES TO THE FOUNDATION. DURING THE TAXABLE YEAR ENDING DECEMBER 31, 2021, THE FOUNDATION PAID $96,000 FOR PHILANTHROPIC CONSULTING SERVICES RENDERED BY SUCH DISQUALIFIED PERSON AS REPORTED IN FORM 990-PF, PART I, LINE 16C. SUCH CONSULTING FIRM BILLED THE FOUNDATION AT THE SAME RATE OR BELOW THE RATE IT CHARGES ITS OTHER CLIENTS.

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

    TY 2021 DepreciationSchedule
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CALVERT SOCIAL INVT - 2.000% - 100,000 100,000

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Name of Stock End of Year Book Value End of Year Fair Market Value
    10X GENOMICS CLASS A 3,333 2,681
    2SEVENTY BIO, INC 1,648 589
    ABB LTD 2,900 4,542
    ABBOTT LABS 5,584 13,511
    ABBVIE INC 7,016 9,884
    ABCELLERA BIOLOGICS INC 3,226 2,288
    ADOBE SYSTEMS, INC 8,078 17,579
    ADVANCED DRAINAGE SYSTEMS INC 2,556 3,267
    ADVANCED ENERGY IND INC 1,334 2,003
    ADVANCED MICRO DEVICES INC 3,183 8,490
    AFLAC INC 273 350
    AGILENT TECHNOLOGIES INC 263 639
    AKAMAI TECH COM STK 2,911 3,745
    ALEXANDRIA REAL ESTATE EQUITIE 3,160 5,128
    ALLSTATE CORP 391 471
    AMER INTERNATIONAL GROUP INC 509 512
    AMERICAN AIRLINES GROUP INC 301 126
    AMERICAN EXPRESS CO 8,808 11,943
    AMERICAN REALTY CAP TR INC 1,966 1,739
    AMERICAN TOWER REIT INC 10,339 16,673
    AMERICAN WATER WORKS COMPANY I 7,955 12,842
    AMGEN INC 4,013 5,174
    AMPHENOL CORPORATION 8,318 13,294
    ANALOG DEVICES INC 2,706 4,570
    ANSYS INC 1,660 3,610
    ANTHEM INC 749 1,391
    AON PLC CL A 1,282 2,705
    APPLE INC 1,872 5,860
    APPLIED MATERIALS INC 9,131 17,467
    APTIV PLC 338 660
    ARISTA NETWORKS 2,581 6,325
    ARRAY BIOPHARMA INC 2,459 1,287
    ASML HOLDING NV NY REG SHS 4,394 5,573
    AT&T, INC 11,485 9,791
    ATHERSYS ORD SHS 1,280 597
    ATLASSIAN CORP PLC 1,250 6,482
    ATMOS ENERGY CORP 325 314
    AUTODESK, INC 13,630 14,622
    AUTOMATIC DATA PROCESSING INC 10,497 14,302
    AVALONBAY CMNTYS INC 489 758
    AZURE POWER GLOBAL LTD 2,054 1,379
    BADGER METER, INC 1,687 2,771
    BALL CP 281 674
    BANK NEW YORK MELLON CORP COM 436 465
    BANK OF AMERICA CORP 11,569 19,220
    BAXTER INTERNATIONAL INC 278 343
    BECTON DICKINSON & CO 457 503
    BEST BUY INC 306 406
    BEYOND MEAT INC 1,767 1,434
    BIOGEN INC 499 480
    BIONTECH SE ADR 3,269 7,476
    BLOCK INC 1,210 2,423
    BLUEBIRD BIO INC 1,356 689
    BOOKING HOLDINGS INC 9,659 11,996
    BORG WARNER INC 294 270
    BOSTON PPTYS INC 364 346
    BOSTON SCIENTIFIC 287 425
    BOX INC 1,985 2,724
    BRISTOL-MYERS SQUIBB CO 5,379 5,736
    BROADCOM INC 13,629 21,293
    BROOKFIELD RENEWABLE CORP CL A 958 2,283
    BROOKS AUTOMATION, INC 1,223 3,506
    BROWN FORMAN CORP CL B 519 510
    CADENCE DESIGN SYSTEMS INC 6,480 10,622
    CALIFORNIA WATER SVC 2,039 3,162
    CALVERT SMALL CAP VALUE FUND C 210,276 241,494
    CANADIAN SOLAR INC 720 1,565
    CAPITAL ONE FINANCIAL CORP 2,842 4,063
    CARDINAL HEALTH INC 321 257
    CARIBOU BIOSCIENCES INC 2,331 1,509
    CARRIER GLOBAL 354 597
    CATERPILLAR INC 8,082 12,404
    CBRE GROUP 325 760
    CDW CORP 7,790 12,082
    CENTERPOINT ENERGY 312 307
    CERNER CORPORATION 291 464
    CHARLES SCHWAB CORP 8,844 11,690
    CHR HANSEN HOLDINGS 2,940 2,519
    CHUBB LIMITED 4,101 5,413
    CHURCH & DWIGHT 277 615
    CIGNA CORPORATION 172 230
    CINTAS CRP 1,013 1,330
    CISCO SYSTEMS INC 13,583 19,011
    CITIGROUP INC 11,218 11,595
    CITIZENS FINANCIAL GROUP, INC 363 425
    CITY DEVELOPMENTS LT 3,460 2,505
    CLOROX CO 352 523
    CME GROUP, INC 1,418 1,599
    CMS ENERGY CP 283 390
    COGNIZANT TECHNOLOGY SOLUTIONS 557 621
    COLGATE-PALMOLIVE COMPANY 496 512
    COMCAST CORP 10,475 15,351
    COMERICA INC 284 261
    COMMUNITY REINV ACT QUAL INVT 100,000 101,737
    CONAGRA FOODS INC 492 444
    CONSOLIDATED EDISON INC 2,073 2,218
    CONSTELLATION BRANDS INC 2,395 3,012
    COPART INC 5,930 6,671
    CORNING INC 3,710 4,095
    CRISPR THERAPEUTICS AG 984 1,743
    CROWN CASTLE INTL 3,528 5,845
    CUMMINS INC 320 436
    CUREVAC N.V 2,965 1,098
    CVS CAREMARK CORP 2,522 3,404
    D R HORTON 557 976
    DANAHER CORP 8,527 13,818
    DAQO NEW ENERGY CORP NEW 315 1,532
    DARDEN RESTAURANTS INC 279 452
    DASSAULT SYS SA SPN ADR 2,571 4,774
    DEERE CO 3,789 9,601
    DELTA AIR LINES INC 574 430
    DEUTSCHE POST AG 3,614 4,229
    DEUTSCHE TELE AG ADS 3,112 3,332
    DIGITAL RLTY TR INC 3,241 4,599
    DISCOVER FINL SVCS COM 285 462
    DOCUSIGN INC 3,313 2,437
    DOLLAR GENERAL CORP 333 707
    DOVER CORP 221 545
    DU PONT DE NEMOURS 358 404
    DXC TECHNOLOGY COMPANY 328 290
    EASTMAN CHEMICAL CO 306 363
    EATON CORP PLC 300 691
    EBAY INC 5,724 10,773
    ECOLAB INC 3,909 6,334
    EDITAS MEDICINE INC 1,800 1,487
    EDWARDS LIFESCIENCES 382 1,166
    ELECTRONIC ARTS 2,334 2,242
    ELI LILLY & CO 1,417 1,657
    EMERSON ELECTRIC CO 2,457 3,440
    ENPHASE ENERGY ORD SHS 456 3,476
    EQUIFAX INC 553 878
    EQUINIX, INC 5,153 10,150
    ESTEE LAUDER COMPANIES INC 9,140 14,438
    ETSY INC 5,802 6,349
    EVERSOURCE ENERGYINC 3,473 5,095
    EXACT SCIENCES CORPORATION 1,833 1,868
    EXPEDIA INC 285 542
    EXPEDITORS INTL WASH INC 300 537
    EXTREME NETWORKS, INC 1,722 3,658
    FASTENAL COMPANY 300 769
    FIDELITY NATIONAL INFORMATION 5,962 4,693
    FIFTH THIRD BANCORP 328 523
    FIRST SOLAR INC 1,701 2,876
    FISERV INC 11,372 9,756
    FLEETCOR TECHNOLGIES INC 841 672
    FLEXTRONICS INTERNATIONAL 2,880 2,878
    FORD MOTOR COMPANY 470 1,039
    FORTINET INC 1,707 7,547
    FORTIVE CORPORATION 295 305
    GAMESA CORP TECN UNSP/ADR 3,275 2,020
    GARMIN LTD 1,840 3,404
    GARTNER INC 569 1,003
    GENERAL MILLS INC 452 539
    GILEAD SCIENCES INC 650 653
    GLOBAL PAYMENTS INC 538 406
    GROUPE DANONE ADS 3,458 2,949
    HANESBRANDS INC 296 268
    HANNON ARMSTRONG SUST INFRAST 948 2,337
    HARTFORD FINANCIALSERVICES GRO 269 345
    HCA INC 287 771
    HEALTHPEAK PROPERTIES INC 304 469
    HEWLETT PACKARD ENTERPRISE CO 416 552
    HILTON WORLDWIDE HOLDINGS, INC 315 624
    HOME DEPOT INC 12,049 24,901
    HORIZON TECHNOLOGY FINANCE COR 1,096 1,385
    HOST HOTELS & RESORTS INC 322 261
    HOWMET AEROSPACE ORD SHS 915 987
    HUDSON PACIFIC PROPERTIES INC 2,537 2,273
    HUNTINGTON BANCSHARES INC 298 308
    ICHOR HOLDINGS 1,126 1,703
    IHS MARKIT LTD 448 665
    ILLINOIS TOOL WORKS 2,418 4,196
    ILLUMINA INC COM 3,734 4,565
    INFINEON TECH ADS 1,799 3,864
    INGERSOLL-RAND INC 43 124
    INOVIO PHARMACEUTICALS INC 2,089 1,083
    INT'L FLAVORS & FRAGRANCES INC 424 452
    INTELLIA THERAPEUTICS INC 519 3,547
    INTERCONTINENTAL EXCHANGE, INC 290 547
    INTERFACE INC CL A 2,008 1,595
    INTERNATIONAL BUSINESS MACHINE 4,191 4,143
    INTUIT 9,652 16,724
    INTUITIVE SURGICAL 2,449 3,234
    INVITAE CORP 1,085 1,084
    IPG PHOTONICS CORP 526 516
    IRON MOUNTAIN 2,649 4,134
    ITRON INC 2,074 1,919
    JINKOSOLAR HOLDING CO LTD 795 2,758
    JOHNSON & JOHNSON 17,396 22,068
    KELLOGG CO 418 451
    KEYCORP 299 347
    KEYSIGHT TECHNOLOGIES INC 1,771 3,098
    KILROY REALTY CP 2,941 2,924
    KIMBERLY CLARK CORP 3,216 3,716
    KONINKLIJKE PHILIPS ELECTRONIC 2,905 2,322
    KRAFT HEINZ CO 4,643 4,847
    KROGER CO 565 769
    KYNDRYL HOLDINGS INC 177 109
    KYOCERA CORP ADR 3,148 3,201
    LAM RESEARCH CORP 2,807 9,349
    LAS VEGAS SANDS CORP 1,323 866
    LENNAR CORP 492 697
    LINCOLN NATIONAL CORP 314 341
    LINDE PLC COM 9,528 16,282
    LUMENTUM HOLDINGS INC 2,004 3,279
    LYONDELLBASELL INDUSTRIES NV 529 461
    MARSH AND MCLENNAN COMPANIES I 897 1,912
    MARVELL TECHNOLOGY, INC 1,607 5,774
    MASTERCARD INC 11,495 19,044
    MAXEON SOLAR TECHNOLOGIES LTD 1,767 904
    MCCORMICK & CO 316 580
    MCDONALD'S CORP 7,994 8,846
    MEDTRONIC PLC 7,143 8,897
    MERCK & CO INC 6,728 9,197
    META PLATFORMS INC 32,671 31,953
    METLIFE INC 4,655 6,062
    MGM RESORTS INTERNATIONAL 376 539
    MICROCHIP TECHNOLOGY INC 1,708 3,482
    MICRON TECHNOLOGY 1,893 4,285
    MILLER HERMAN INC 2,424 2,391
    MODERNA, INC 2,400 7,619
    MOLSON COOR BREW CO CL B 285 185
    MONOLITHIC POWER SYSTEMS, INC 1,113 4,440
    MONSTER BEVERAGE CORP 9,621 9,892
    MOODYS CORP 487 1,172
    MOTOROLA SOLUTIONS INC 329 815
    MUELLER WATER PRODUCTS INC 2,285 2,592
    NANOSTRING TECHNOLOGIES INC 2,412 1,478
    NATURAL GROCERS BY VITAMIN COT 1,034 1,012
    NETAPP, INC 6,028 8,555
    NETFLIX INC 2,733 3,012
    NEWMONT GOLDCORP CORPORATION 1,556 1,799
    NEWS CORP LTD ADR 489 450
    NIELSEN HOLDINGS N.V 283 185
    NIO INC 3,585 2,820
    NISOURCE INC 293 331
    NORTHERN TRUST CORPORATION 320 359
    NORTONLIFELOCK INC 306 286
    NORWEGIAN CRUISE LINE HOLDINGS 267 104
    NVIDIA CORP 8,234 43,528
    OMNICELL, INC 1,724 3,970
    ORGANON & CO 337 365
    ORMAT TECHNOLOGIES 2,298 2,855
    OTIS WORLDWIDE CORP 388 522
    PACCAR INC 318 441
    PACIFIC BIOSCIENCES OF CALIF 2,794 1,657
    PALO ALTO NETWORKS INC 2,227 5,568
    PARKER HANNIFIN CP 494 954
    PARNASSUS FIXED INCOME FUND IN 300,000 319,480
    PAX WORLD HIGH YIELD BOND-IN 100,000 103,459
    PAX WORLD INTERNATIONAL FD INS 200,000 234,168
    PAYCHEX 1,802 2,594
    PAYPAL HOLDINGS, INC 10,107 15,841
    PENTAIR INC. COM 179 292
    PER-SE TECHNOLOGIES, INC. 1,250 368
    PERSONALIS ORD SHS 2,053 1,156
    PFIZER INC 8,084 13,759
    PING AN INSURANCE GROUP ADR 4,156 2,452
    PNC FINANCIAL GROUP INC 5,691 8,221
    PPG INDUSTRIES INC 448 517
    PRIMO WATER CORPORATION 2,530 2,715
    PROGRESSIVE CORP OHIO 1,344 2,258
    PROLOGIS 6,427 10,607
    PROTO LABS INC 2,500 1,027
    PRUDENTIAL FINCL INC 609 649
    PUBLIC STORAGE INC 669 1,124
    PURE STORAGE INC 2,549 4,264
    PVH CORP 479 320
    QUALCOMM INC 4,211 12,801
    QUANTUMSCAPE CORP 3,133 1,398
    RALPH LAUREN CORP 330 357
    RAPID7 INCORPORATED 3,540 3,531
    RAYMOND JAMES FINANCIAL INC 239 402
    REGENCY CENTERS CORP 329 377
    REGIONS FINANCIAL CORP 374 501
    REPUBLIC SVCS INC 323 697
    ROCKWELL AUTOMATION INC 494 1,047
    ROPER INDUSTRIES 1,806 2,951
    ROSS STORES, INC 323 457
    S&P GLOBAL INC COM 8,750 14,630
    SALESFORCE.COM 10,977 16,264
    SBA COMMUNICATIONS CORP 614 778
    SCHNITZER STEEL INDUSTRIES, IN 1,417 2,596
    SCHRODER EMERGING MKT EQUITY F 100,000 113,919
    SEAGATE TECHNOLOGY HOLDINGS PL 6,642 13,445
    SEAGEN INC 2,097 3,556
    SERVICE NOW 9,703 13,631
    SHERWIN-WILLIAMS CO 830 1,056
    SIEMENS HEALTHINEERS AG 3,389 5,117
    SIMON PPTY GROUP INC 1,407 1,438
    SK TELECOM ADS ADS 3,257 1,920
    SKYWORKS SOLUTIONS, INC 1,521 2,637
    SOLAREDGE TECHNOLOGIES INC 471 2,806
    SPLUNK INC 2,934 2,662
    SPROUTS FARMERS MARKET INC 2,549 2,820
    STANLEY BLACK & DECKER INC 431 566
    STARBUCKS CORP COM 8,315 14,036
    STATE STREET CORPORATION 299 279
    STEELECASE INC 2,195 1,699
    STMICROELECTRONICS 1,594 4,057
    STRYKER CORPORATION 519 802
    SUNPOWER CORP 386 1,774
    SUNRUN INC 582 1,578
    SWITCH INC 1,684 4,411
    SYNCHRONY FINANCIAL 299 418
    T-MOBILE US INC 3,292 2,900
    T. ROWE PRICE GROUP 341 590
    TAIWAN SEMICONDUCTOR MFG CO LT 1,818 4,091
    TAKE-TWO INTERACTIVE SOFTWARE 299 533
    TAPESTRY INC 269 203
    TARGET CORPORATION 11,885 13,424
    TE CONNECTIVITY LTD 8,366 12,746
    TELADOC INC 1,366 1,561
    TELEDYNE TECH INC 3,230 4,369
    TESLA MOTORS INC 21,241 38,044
    TEXAS INSTRUMENTS INC 10,326 11,874
    THE COCA-COLA CO 14,765 17,467
    THE HAIN CELESTIAL GROUP, INC 1,648 2,471
    THE JM SMUCKER COMPANY 342 407
    THERMO FISHER SCIENTIFIC INC 3,576 11,343
    TJX COMPANIES INC 3,946 5,998
    TOKYO ELECTRON LTD 1,305 4,605
    TPI COMPOSITES INC 878 539
    TRACTOR SUPPLY CO COM 361 954
    TRANE TECHNOLOGIES PLC 195 606
    TRANSDIGM GRP INC 2,538 3,818
    TRAVELERS COMPANIES INC 395 469
    TREX CO INC 1,327 4,186
    TRIMBLE NAV LTD 496 523
    TRUIST FINANCIAL CORPORATION 3,595 4,157
    TWILIO INC 3,505 2,633
    TWIST BIOSCIENCE CORP 2,781 1,703
    TWITTER INC 468 303
    ULTRA CLEAN HOLDINGS, INC 606 2,352
    UNDER ARMOUR INC CL A 302 360
    UNDER ARMOUR INC CL C 400 361
    UNION PACIFIC 12,658 15,368
    UNITED CONTINENTAL HOLDINGS IN 270 175
    UNITED RENTALS INC 364 997
    UNITEDHEALTH GROUP INC 12,380 25,609
    UNIVERSAL DISPLAY CORP 1,635 1,980
    US BANCORP 505 562
    USD CYRUSONE INC 2,481 3,858
    VAIL RESORTS INC 2,857 3,279
    VANGUARD INDEX TR VANGUARD TOT 1,844,143 3,255,451
    VANGUARD INTERMEDIATE TERM INV 205,115 209,820
    VANGUARD LONG TERM INVESTMENT 178,200 173,994
    VANGUARD SHORT-TERM CORPORATE 304,754 306,951
    VANGUARD TOT INTL BOND IX ADMI 607,842 602,387
    VANGUARD TOTAL BOND MARKET IND 682,540 706,891
    VANGUARD TOTAL INT ST IDX-AD 1,738,420 2,021,084
    VENTAS INC 309 307
    VEON LTD 2,513 2,428
    VERISIGN INC 614 761
    VERISK ANALYTICS, INC 319 686
    VERIZON COMMUNICATIONS 11,548 11,223
    VERTEX PHARMCTLS INC 4,366 4,392
    VESTAS WIND SYS UNSP/ADR 1,018 2,339
    VIACOMCBS INC 322 332
    VISA INC 13,447 19,937
    VORNADO RLTY TR 3,200 2,846
    WABTEC 372 461
    WALGREENS BOOTS ALLIANCE 4,578 3,599
    WALT DISNEY HOLDINGS CO 12,077 16,573
    WASTE MANAGEMENT INC 330 668
    WELLTOWER INC. 321 515
    WESTERN DIGITAL CORP 886 1,043
    WESTROCK COMPANY 296 222
    WHERE FOOD COMES FROM ORD SHS 606 1,331
    WILLIS TOWERS WATSON PUBLIC LT 446 712
    WOLFSPEED INC 1,139 2,794
    WORKHORSE GROUP INC 2,039 619
    XYLEM INC 2,829 4,197
    YUM BRANDS INC 348 555
    ZEBRA TECHNOLOGIES CORP 4,522 8,928
    ZENDESK INC 1,739 2,399
    ZIMMER BIOMET HOLDINGS 346 381
    ZOETIS INC 334 976
    ZSCALER INC 3,197 5,784

    TY 2021 InvestmentsOtherSchedule2
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GREENBACKER RENEWABLE ENERGY C   60,662 63,241
    TRILINC GLOBAL IMPACT FUND CL   63,744 61,174

    TY 2021 OtherExpensesSchedule
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 30,495     30,495
    Bank Charges 69 69    
    Foundation Dues & Memberships 4,500     4,500
    Indemnification Insurance 1,240     1,240
    K-1 Exp GREENBACKER RENEWABLE 90 90    


    TY 2021 OtherIncomeSchedule2
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss TRILINC GLOBAL IMPACT FUND CL 3,375 3,375  
    Class Action Lawsuit Proceeds 25 25  


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 48,547 48,547    
    Philanthropic Consulting Srvcs 96,000     96,000


    TY 2021 TaxesSchedule
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2021 4,200      
    990-PF Excise Tax for 2020 1,084      
    990-PF Extension for 2020 1,080      
    Foreign Tax Paid 67 67