TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
SAMUEL AND JEAN FRANKEL FINE ARTS
FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1671 LOCHRIDGE RD
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BLOOMFIELD HILLS, MI48302

A Employer identification number

30-0095026

B Telephone number (see instructions)

(248) 649-2924

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$136,493,173J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	3,237,320		3,237,320
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		2,379,226
b	Gross sales price for all assets on line 6a 24,569,103
7	Capital gain net income (from Part IV, line 2)...			2,379,226
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).......		1,228,127	1,228,127
12	Total. Add lines 1 through 11........	6,844,673		6,844,673
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).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		391,117	391,117	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		98,438	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		196,528	196,528	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	686,083		587,645	0
25	Contributions, gifts, grants paid.......	8,460,749			8,460,749
26	Total expenses and disbursements. Add lines 24 and 25	9,146,832		587,645	8,460,749
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-2,302,159
b	Net investment income (if negative, enter -0-)			6,257,028
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	907,508	832,633	832,633
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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).......	132,858,972	135,576,943	135,576,943
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	139,676	83,597	83,597
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	133,906,156	136,493,173	136,493,173
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	133,906,156	136,493,173
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		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
	29	Total net assets or fund balances (see instructions).....	133,906,156	136,493,173
	30	Total liabilities and net assets/fund balances (see instructions).	133,906,156	136,493,173

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

133,906,156

Enter amount from Part I, line 27a .....................

-2,302,159

Other increases not included in line 2 (itemize) bullet

4,889,176

Add lines 1, 2, and 3 ..........................

136,493,173

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

136,493,173

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	ADVANCED ENERGY IND: AEIS	P	2021-05-25	2021-06-25
b	ALTRA INDUSTRIAL MOTION: AIMC	P	2020-08-21	2021-06-25
c	ARCHROCK INC: AROC	P	2020-12-23	2021-06-25
d	CABOT CORP: CBT	P	2020-08-21	2021-06-25
e	CASELLA WASTE SYS CLASS CWST	P	2020-08-21	2021-06-25
	COHERENT INC: COHR	P	2020-08-21	2021-03-01
	CONMED CORP: CNMD	P	2020-12-23	2021-06-25
	CORE LABORATORIES	P	2020-08-21	2021-06-25
	CORP OFFICE PPTY TR	P	2020-08-21	2021-06-25
	D M C GLOBAL INC00500: BOOM	P	2020-08-21	2021-06-25
	DARLING INGREDIENTS: DAR	P	2020-08-21	2021-06-28
	DARLING INGREDIENTS: DAR	P	2020-08-21	2021-06-29
	EATON VANCE CO	P	2020-08-21	2021-03-02
	ENERSYS: ENS	P	2020-08-21	2021-06-25
	FIRST MERCHANTS CORP: FRME	P	2020-08-21	2021-06-25
	FLIR SYSTEMS INC: FLIR	P	2020-08-21	2021-02-12
	FORMFACTOR INC: FORM	P	2020-08-21	2021-06-25
	FRANKLIN ELECTRIC CO: FELE	P	2020-08-21	2021-06-25
	GATX CORP: GATX	P	2020-08-21	2021-06-25
	HEARTLAND FINL USA: HTLF	P	2021-06-03	2021-06-25
	HOULIHAN LOKEY INC CLASS HLI	P	2020-08-21	2021-06-25
	LITTELFUSE INC: LFUS	P	2020-08-21	2021-06-25
	MEDNAX INC: MD	P	2021-02-12	2021-06-25
	MERIDIAN BIOSCIENCE: VIVO	P	2021-04-01	2021-04-14
	MERITAGE HOMES CORP: MTH	P	2020-08-21	2021-06-25
	MOLINA HEALTHCARE: MOH	P	2020-08-21	2021-06-25
	MONOLITHIC POWER SYS: MPWR	P	2020-08-21	2021-01-05
	MOOG INC CLASS	P	2020-08-21	2021-06-25
	MORGAN STANLEY: MS	P	2020-08-21	2021-03-04
	MORGAN STANLEY: MS	P	2020-08-21	2021-04-13
	MYRIAD GENETICS INC: MYGN	P	2021-01-05	2021-04-01
	MYRIAD GENETICS INC: MYGN	P	2021-01-05	2021-04-22
	MYRIAD GENETICS INC: MYGN	P	2021-01-05	2021-05-12
	MYRIAD GENETICS INC: MYGN	P	2021-01-05	2021-06-25
	PEBBLEBROOK HOTEL TR REIT: PEB	P	2020-08-21	2021-06-25
	PLEXUS CORP: PLXS	P	2020-08-21	2021-06-25
	RAYMOND JAMES FINL: RJF	P	2020-08-21	2021-06-25
	REINSURANCE GP AMER: RGA	P	2020-08-21	2021-06-25
	RYDER SYSTEM INC: R	P	2020-08-21	2021-06-25
	SANMINA CORP: SANM	P	2020-08-21	2021-05-25
	SANMINA CORP: SANM	P	2020-08-21	2021-05-25
	SANMINA CORP: SANM	P	2020-08-21	2021-05-26
	SANMINA CORP: SANM	P	2020-08-21	2021-05-26
	SANMINA CORP: SANM	P	2020-08-21	2021-05-26
	SANMINA CORP: SANM	P	2020-08-21	2021-05-26
	SANMINA CORP: SANM	P	2020-08-21	2021-05-26
	SANMINA CORP: SANM	P	2020-08-21	2021-05-26
	SCOTTS MIRACLE GRO CO: SMG	P	2020-08-21	2021-06-25
	STAG INDUSTRIAL INC REIT: STAG	P	2020-08-21	2021-06-25
	STEELCASE INC CLASS A: SCS	P	2020-08-21	2021-04-22
	STEELCASE INC CLASS A: SCS	P	2020-08-21	2021-06-25
	STIFEL FINL CO: SF	P	2020-08-21	2021-06-25
	TELEDYNE TECHNOLOGIE: TDY	P	2020-08-21	2021-06-25
	TELEDYNE TECHNOLOGIE: TDY	P	2020-08-21	2021-08-20
	TIMKEN CO: TKR	P	2020-08-21	2021-06-25
	TRUSTMARK CORP: TRMK	P	2020-08-21	2021-06-25
	UNITED FIRE GROUP: UFCS	P	2020-08-21	2021-06-25
	UNITED FIRE GROUP: UFCS	P	2020-08-21	2021-06-25
	WOLVERINE WORLD WIDE: WWW	P	2021-01-05	2021-06-25
	CATALENT INC: CTLT	P	2020-08-21	2021-10-29
	ENTEGRIS INC: ENTG	P	2020-08-21	2021-10-19
	MOLINA HEALTHCARE: MOH	P	2020-08-21	2021-10-29
	MONOLITHIC POWER SYS: MPWR	P	2020-08-21	2021-09-23
	TELEDYNE TECHNOLOGIE: TDY	P	2020-08-21	2021-10-29
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-01-27
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-02-01
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-02-09
	JPM MANAGED INCOME FD - USD - L	P	2020-12-07	2021-02-12
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-02-18
	JPM MANAGED INCOME FD - USD - L	P	2020-12-07	2021-02-22
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-03-12
	JPM MANAGED INCOME FD - USD - L	P	2020-10-21	2021-03-22
	JPM MANAGED INCOME FD - USD - L	P	2020-10-21	2021-03-31
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-04-13
	JPM MANAGED INCOME FD - USD - L	P	2020-10-21	2021-04-16
	JPM MANAGED INCOME FD - USD - L	P	2020-10-21	2021-04-26
	JPM MANAGED INCOME FD - USD - L	P	2020-10-21	2021-04-30
	JPM MANAGED INCOME FD - USD - L	P	2020-10-21	2021-05-17
	JPM MANAGED INCOME FD - USD - L	P	2020-10-21	2021-06-01
	JPM MANAGED INCOME FD - USD - L	P	2020-10-21	2021-06-10
	JPM MANAGED INCOME FD - USD - L	P	2020-10-21	2021-06-15
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-06-30
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-07-02
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-07-29
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-08-26
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-09-02
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-09-24
	JPM MANAGED INCOME FD - USD - L	P	2021-01-29	2021-11-29
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-12-20
	JPM MANAGED INCOME FD - USD - L	P	2021-01-29	2021-12-21
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-12-23
	VANGUARD S/T INVEST GRD-ADM	P	2021-01-01	2021-12-30
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-10-22
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-10-26
	JPM MANAGED INCOME FD - USD - L	P	2021-01-01	2021-11-19
	JPM MANAGED INCOME FD - USD - L	P	2020-10-21	2021-04-26
	JPM MANAGED INCOME FD - USD - L	P	2020-10-21	2021-01-22
	WALT DISNEY CO/THE	P	2020-03-19	2021-03-18
	WALT DISNEY CO/THE	P	2020-03-19	2021-03-19
	BERKSHIRE HATHAWAY INC-CL B	P	2020-02-21	2021-02-18
	BERKSHIRE HATHAWAY INC-CL B	P	2002-02-21	2021-02-19
	WABTEC CORP	P	2020-02-21	2021-02-05
	WALT DISNEY CO/THE	P	2020-03-20	2021-03-19
	HASBRO INC SR NTS	P	2020-06-10	2021-03-29
	LAB CORP OF AMER SR NTS	P	2020-12-08	2021-11-22
	MOSAIC CO 3 3/4% NOV 15 2021 DTD 10/24/2011 ENTIRE ISSUE CALLED	P	2021-01-07	2021-08-16
	NUTRIEN LTD SR NTS	P	2021-09-23	2021-12-16
	JPM MANAGED INCOME FD - USD - L	P	2020-12-07	2021-01-22
	JPM MANAGED INCOME FD - USD - L	P	2020-12-07	2021-01-27
	VANGUARD S/T INVEST GRD-ADM	P	2021-01-04	2021-12-30
	JPM MANAGED INCOME FD - USD - L	P	2020-08-13	2021-09-24
	ISHARES-MSCI EAFE INTL-K	P	2021-01-01	2021-11-10
	JPM MANAGED INCOME FD - USD - L	P	2020-08-13	2021-10-22
	JPM MANAGED INCOME FD - USD - L	P	2020-08-13	2021-10-26
	JPM MANAGED INCOME FD - USD - L	P	2020-05-29	2021-12-23
	VANGUARD S/T INVEST GRD-ADM	P	2021-01-01	2021-12-30
	JPM MANAGED INCOME FD - USD - L	P	2020-10-21	2021-11-26
	ALPHABET INC-CL C	P	2019-06-11	2021-07-08
	ALPHABET INC-CL C	P	2019-06-11	2021-07-22
	AON PLC-CLASS A	P	2021-01-01	2021-11-19
	AON PLC-CLASS A	P	2021-01-01	2021-12-03
	AON PLC-CLASS A	P	2021-01-01	2021-12-27
	BERKSHIRE HATHAWAY INC-CL B	P	2019-06-11	2021-02-11
	BERKSHIRE HATHAWAY INC-CL B	P	2019-06-11	2021-02-18
	BERKSHIRE HATHAWAY INC-CL B	P	2021-01-01	2021-03-01
	BERKSHIRE HATHAWAY INC-CL B	P	2017-10-03	2021-03-04
	BERKSHIRE HATHAWAY INC-CL B	P	2017-10-03	2021-05-25
	BERKSHIRE HATHAWAY INC-CL B	P	2017-10-03	2021-05-28
	BERKSHIRE HATHAWAY INC-CL B	P	2017-10-03	2021-06-11
	BERKSHIRE HATHAWAY INC-CL B	P	2017-10-03	2021-07-09
	BERKSHIRE HATHAWAY INC-CL B	P	2017-10-03	2021-08-06
	BERKSHIRE HATHAWAY INC-CL B	P	2017-10-03	2021-08-12
	BERKSHIRE HATHAWAY INC-CL B	P	2017-10-03	2021-08-17
	BERKSHIRE HATHAWAY INC-CL B	P	2021-01-01	2021-10-25
	COMCAST CORP-CLASS A	P	2021-01-01	2021-04-05
	COMCAST CORP-CLASS A	P	2019-06-11	2021-04-07
	COMCAST CORP-CLASS A	P	2017-10-03	2021-04-16
	GENERAL MOTORS CO	P	2017-10-03	2021-05-27
	GENERAL MOTORS CO	P	2017-10-03	2021-06-01
	GOLDMAN SACHS GROUP INC	P	2020-02-11	2021-05-13
	GOLDMAN SACHS GROUP INC	P	2020-02-11	2021-05-18
	MARRIOTT INTERNATIONAL -CL A	P	2019-06-11	2021-04-15
	MICROSOFT CORP	P	2017-10-03	2021-12-16
	WABTEC CORP	P	2021-01-01	2021-02-01
	WABTEC CORP	P	2021-01-01	2021-03-01
	WABTEC CORP	P	2019-05-15	2021-03-10
	WELLS FARGO & CO	P	2021-01-01	2021-05-24
	WELLS FARGO & CO	P	2018-10-17	2021-05-24
	WELLS FARGO & CO	P	2021-01-01	2021-05-28
	WELLS FARGO & CO	P	2021-01-01	2021-11-09
	WELLS FARGO & CO	P	2018-12-19	2021-11-22
	WELLS FARGO & CO	P	2021-01-01	2021-11-22
	WELLS FARGO & CO	P	2019-06-11	2021-12-20
	WELLS FARGO & CO	P	2021-01-01	2021-12-21
	ALPHABET INC-CL C	P	2020-02-21	2021-07-08
	ALPHABET INC-CL C	P	2020-02-21	2021-07-22
	AON PLC-CLASS A	P	2020-02-21	2021-11-19
	AON PLC-CLASS A	P	2020-02-21	2021-12-01
	AON PLC-CLASS A	P	2020-02-21	2021-12-23
	BERKSHIRE HATHAWAY INC-CL B	P	2020-02-21	2021-03-01
	BERKSHIRE HATHAWAY INC-CL B	P	2020-02-21	2021-03-04
	BERKSHIRE HATHAWAY INC-CL B	P	2020-02-21	2021-05-25
	BERKSHIRE HATHAWAY INC-CL B	P	2020-02-21	2021-05-28
	BERKSHIRE HATHAWAY INC-CL B	P	2020-02-21	2021-06-10
	BERKSHIRE HATHAWAY INC-CL B	P	2020-02-21	2021-07-08
	BERKSHIRE HATHAWAY INC-CL B	P	2020-02-21	2021-08-09
	BERKSHIRE HATHAWAY INC-CL B	P	2020-02-21	2021-08-12
	BERKSHIRE HATHAWAY INC-CL B	P	2020-02-21	2021-08-16
	BERKSHIRE HATHAWAY INC-CL B	P	2020-02-21	2021-08-17
	COMCAST CORP-CLASS A	P	2020-02-21	2021-04-05
	COMCAST CORP-CLASS A	P	2020-02-21	2021-04-08
	COMCAST CORP-CLASS A	P	2020-02-21	2021-04-16
	GENERAL MOTORS CO	P	2020-02-21	2021-05-27
	GOLDMAN SACHS GROUP INC	P	2020-02-21	2021-05-13
	GOLDMAN SACHS GROUP INC	P	2020-02-21	2021-05-18
	MARRIOTT INTERNATIONAL -CL A	P	2020-02-21	2021-04-07
	MICROSOFT CORP	P	2020-02-21	2021-12-16
	WABTEC CORP	P	2020-02-21	2021-03-01
	WABTEC CORP	P	2020-02-21	2021-03-04
	WALT DISNEY CO/THE	P	2020-03-12	2021-03-18
	WALT DISNEY CO/THE	P	2020-03-12	2021-03-19
	WELLS FARGO & CO	P	2020-02-21	2021-05-20
	WELLS FARGO & CO	P	2020-02-21	2021-05-28
	WELLS FARGO & CO	P	2020-02-21	2021-11-08
	WELLS FARGO & CO	P	2020-02-21	2021-11-22
	WELLS FARGO & CO	P	2020-02-21	2021-11-22
	WELLS FARGO & CO	P	2021-01-01	2021-12-17
	WELLS FARGO & CO	P	2021-01-01	2021-12-21
	$ TREE INC SR NTS	P	2021-01-01	2021-12-01
	BECTON DICKINSON & CO SR NTS	P	2017-09-29	2021-09-13
	CONSTELLATION BRANDS INC 3.75% 05/01/2021 DTD 05/14/2013 ENTIRE ISSUE CALLED	P	2017-09-06	2021-02-04
	CVS HEALTH CORP	P	2016-08-05	2021-06-01
	HOME DEPOT INC SR NTS 2.0% 04/01/2021 DTD 02/12/2016 ENTIRE ISSUE CALLED	P	2016-05-05	2021-03-01
	KINDER MORGAN ENER PART 3.5% 03/01/2021 DTD 02/24/2014 ENTIRE ISSUE CALLED	P	2021-01-01	2021-01-05
	NEXTERA ENERGY CAP 2.403% 09/01/2021 DTD 08/08/2019 TO REDEMPTION	P	2020-01-16	2021-09-01
	TIME WARNER CABLE LLC SR NTS	P	2020-01-31	2021-07-02
	ALTRIA GROUP INC	P	2016-04-19	2021-02-18
	BK OF AMER CORP SR NTS	P	2018-05-14	2021-05-17
	ENTERPRISE PRODUCTS OPER 2.8% 02/15/2021 DTD 02/15/2018 TO REDEMPTION	P	2018-02-01	2021-02-16
	TEXTRON INC SR NTS 3.65% 03/01/2021 DTD 01/30/2014 TO REDEMPTION	P	2015-02-20	2021-03-01
	TX INSTRUMENTS INC SR NTS 2.75% 03/12/2021 DTD 03/12/2014 ENTIRE ISSUE CALLE	P	2017-04-27	2021-02-12
	UN PAC CORP SR NTS	P	2018-06-05	2021-06-08
	US BANCORP MTN	P	2017-01-19	2021-12-23
	WALMART INC	P	2019-04-17	2021-09-23
	ISHARES GOLD TRUST	P	2021-01-01	2021-01-31
	ISHARES GOLD TRUST	P	2021-01-01	2021-02-28
	ISHARES GOLD TRUST	P	2021-01-01	2021-03-31
	ISHARES GOLD TRUST	P	2021-01-01	2021-04-30
	GENERAL ELECTRIC CO	P	2021-01-01	2021-08-12
	GENERAL ELECTRIC CO CASH IN LIEU OF FRACTIONAL SHARES	P	2021-01-01	2021-08-12
	ADIDAS AG FSPONSORED ADR 1	P	2020-08-11	2021-04-06
	ADIDAS AG FSPONSORED ADR 1	P	2020-07-29	2021-04-07
	ADIDAS AG FSPONSORED ADR 1	P	2020-08-11	2021-04-07
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-12-16	2021-01-22
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-12-16	2021-01-22
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-12-16	2021-02-02
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-12-16	2021-02-02
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-12-16	2021-02-03
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-12-16	2021-02-04
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-12-16	2021-02-05
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2021-04-07	2021-08-03
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2021-04-07	2021-08-03
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2021-04-08	2021-08-03
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2021-04-09	2021-08-03
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-10-21	2021-08-05
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-12-16	2021-08-05
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2021-04-07	2021-08-05
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-10-21	2021-08-09
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-10-28	2021-08-09
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-10-29	2021-08-09
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-09-11	2021-08-23
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-10-29	2021-08-23
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-10-30	2021-08-23
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-09-11	2021-08-24
	AIA GROUP LTD FSPONSORED ADR	P	2020-07-29	2021-06-11
	AIA GROUP LTD FSPONSORED ADR	P	2021-01-06	2021-06-11
	AIA GROUP LTD FSPONSORED ADR	P	2020-07-29	2021-06-15
	AIA GROUP LTD FSPONSORED ADR	P	2020-08-11	2021-06-15
	AIA GROUP LTD FSPONSORED ADR	P	2020-08-11	2021-06-15
	AIA GROUP LTD FSPONSORED ADR	P	2020-08-11	2021-06-16
	AIRBUS GROUP FSPONSORED ADR	P	2021-02-23	2021-06-29
	ALIBABA GROUP HLDG LTD FSPONSORED	P	2020-07-29	2021-01-11
	ALIBABA GROUP HLDG LTD FSPONSORED	P	2020-08-11	2021-01-11
	ALIBABA GROUP HLDG LTD FSPONSORED	P	2020-11-17	2021-01-11
	ALIBABA GROUP HLDG LTD FSPONSORED	P	2020-08-11	2021-01-26
	ALIBABA GROUP HLDG LTD FSPONSORED	P	2020-08-11	2021-01-27
	ALIBABA GROUP HLDG LTD FSPONSORED	P	2020-08-11	2021-02-16
	ALIBABA GROUP HLDG LTD FSPONSORED	P	2020-08-11	2021-02-17
	ALIBABA GROUP HLDG LTD FSPONSORED	P	2020-08-11	2021-02-19
	ALIBABA GROUP HLDG LTD FSPONSORED	P	2020-08-11	2021-02-22
	ALIBABA GROUP HLDG LTD FSPONSORED	P	2020-08-11	2021-02-23
	ALIBABA GROUP HLDG LTD FSPONSORED	P	2020-08-11	2021-02-24
	ALIBABA GROUP HLDG LTD FSPONSORED	P	2020-08-11	2021-02-25
	ASML HLDGS NV FSPONSORED ADR	P	2020-08-11	2021-02-16
	ASML HLDGS NV FSPONSORED ADR	P	2020-08-11	2021-02-17
	ASML HLDGS NV FSPONSORED ADR	P	2020-08-11	2021-04-06
	ASTRAZENECA PLC FSPONSORED ADR	P	2020-07-29	2021-03-11
	ASTRAZENECA PLC FSPONSORED ADR	P	2020-08-11	2021-03-11
	ATLASSIAN CORP PLC FCLASS A:	P	2020-07-29	2021-02-16
	ATLASSIAN CORP PLC FCLASS A:	P	2020-07-29	2021-02-17
	ATLASSIAN CORP PLC FCLASS A:	P	2020-07-29	2021-07-29
	ATLASSIAN CORP PLC FCLASS A:	P	2020-09-04	2021-07-29
	ATLASSIAN CORP PLC FCLASS A:	P	2020-09-09	2021-07-29
	ATLASSIAN CORP PLC FCLASS A:	P	2020-09-08	2021-07-30
	ATLASSIAN CORP PLC FCLASS A:	P	2020-09-09	2021-07-30
	ATLASSIAN CORP PLC FCLASS A:	P	2020-09-10	2021-07-30
	GENMAB A/S FSPONSORED ADR	P	2020-08-07	2021-03-11
	GENMAB A/S FSPONSORED ADR	P	2020-08-11	2021-03-11
	GENMAB A/S FSPONSORED ADR	P	2020-08-11	2021-03-11
	GENMAB A/S FSPONSORED ADR	P	2020-08-11	2021-03-12
	GENMAB A/S FSPONSORED ADR	P	2020-08-11	2021-03-15
	ICICI BANK LTD FSPONSORED ADR	P	2021-01-06	2021-03-11
	ICICI BANK LTD FSPONSORED ADR	P	2021-01-06	2021-03-11
	ICICI BANK LTD FSPONSORED ADR	P	2021-01-12	2021-03-11
	ICICI BANK LTD FSPONSORED ADR	P	2021-01-12	2021-03-11
	ICICI BANK LTD FSPONSORED ADR	P	2021-01-06	2021-03-12
	INFINEON TECH AG FSPONSORED ADR	P	2020-08-11	2021-05-05
	INFINEON TECH AG FSPONSORED ADR	P	2020-08-11	2021-05-06
	INFINEON TECH AG FSPONSORED ADR	P	2020-08-11	2021-05-07
	INFINEON TECH AG FSPONSORED ADR	P	2020-08-11	2021-05-10
	INFINEON TECH AG FSPONSORED ADR	P	2020-08-11	2021-05-25
	INFINEON TECH AG FSPONSORED ADR	P	2020-08-11	2021-05-26
	INFINEON TECH AG FSPONSORED ADR	P	2020-07-29	2021-06-01
	INFINEON TECH AG FSPONSORED ADR	P	2020-08-11	2021-06-01
	INFINEON TECH AG FSPONSORED ADR	P	2020-07-29	2021-06-03
	INFINEON TECH AG FSPONSORED ADR	P	2020-07-29	2021-06-04
	INFINEON TECH AG FSPONSORED ADR	P	2020-07-29	2021-06-10
	TENCENT HOLDINGS FUNSPONSORED	P	2020-07-29	2021-02-17
	TENCENT HOLDINGS FUNSPONSORED	P	2020-07-29	2021-04-06
	TENCENT HOLDINGS FUNSPONSORED	P	2020-07-29	2021-04-07
	TENCENT HOLDINGS FUNSPONSORED	P	2020-08-11	2021-04-07
	TENCENT HOLDINGS FUNSPONSORED	P	2021-08-25	2021-10-20
	WUXI BIOLOGICS CAYMAN FUNSPONSORED	P	2020-08-11	2021-01-06
	WUXI BIOLOGICS CAYMAN FUNSPONSORED	P	2020-08-11	2021-01-11
	WUXI BIOLOGICS CAYMAN FUNSPONSORED	P	2020-08-11	2021-02-03
	WUXI BIOLOGICS CAYMAN FUNSPONSORED	P	2020-08-11	2021-02-03
	WUXI BIOLOGICS CAYMAN FUNSPONSORED	P	2020-08-11	2021-02-04
	WUXI BIOLOGICS CAYMAN FUNSPONSORED	P	2020-08-11	2021-02-05
	WUXI BIOLOGICS CAYMAN FUNSPONSORED	P	2020-08-11	2021-02-11
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-09-11	2021-10-26
	AFTERPAY TOUCH FUNSPONSORED ADR	P	2020-09-11	2021-11-03
	APTIV PLC F: APTV	P	2020-11-17	2021-12-17
	APTIV PLC F: APTV	P	2020-11-18	2021-12-17
	APTIV PLC F: APTV	P	2020-11-11	2021-12-22
	APTIV PLC F: APTV	P	2020-11-17	2021-12-22
	ASML HLDGS NV FSPONSORED ADR	P	2020-08-11	2021-09-09
	ASML HLDGS NV FSPONSORED ADR	P	2020-08-11	2021-09-10
	ATLASSIAN CORP PLC FCLASS A:	P	2020-08-19	2021-09-09
	ATLASSIAN CORP PLC FCLASS A:	P	2020-09-08	2021-09-09
	ATLASSIAN CORP PLC FCLASS A:	P	2020-08-19	2021-09-21
	ICICI BANK LTD FSPONSORED ADR	P	2020-08-11	2021-10-25
	ICICI BANK LTD FSPONSORED ADR	P	2020-08-11	2021-10-26
	ICICI BANK LTD FSPONSORED ADR	P	2020-08-11	2021-10-26
	LVMH MOET HENNESSY LOU FSPONSORED	P	2020-07-29	2021-08-19
	LVMH MOET HENNESSY LOU FSPONSORED	P	2020-08-11	2021-08-19
	TENCENT HOLDINGS FUNSPONSORED	P	2020-08-11	2021-10-20
	WUXI BIOLOGICS CAYMAN FUNSPONSORED	P	2020-08-11	2021-11-16
	STONE RIDGE TR II SRRIX	P	2021-01-01	2021-05-21
	STONE RIDGE TR II SRRIX	P	2017-12-14	2021-05-21
	STONE RIDGE TR II SRRIX	P	2017-12-14	2021-08-20
	STONE RIDGE TR II SRRIX	P	2017-12-14	2021-12-03

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	111	100	11
b	907	534	373
c	1,184	1,160	24
d	3,283	2,180	1,103
e	2,678	2,342	336
	146,383	66,610	79,773
	1,566	1,242	324
	1,051	560	491
	2,759	2,410	349
	1,327	772	555
	79,222	38,629	40,593
	9,857	4,857	5,000
	14,182		14,182
	2,756	2,007	749
	1,310	752	558
	118,376	76,821	41,555
	8,148	6,333	1,815
	3,909	2,904	1,005
	829	578	251
	201	202	-1
	4,778	3,425	1,353
	2,465	1,799	666
	1,686	1,488	198
	16,764	19,658	-2,894
	93	104	-11
	2,778	2,070	708
	111,148	82,220	28,928
	172	118	54
	67	53	14
	23,325	19,000	4,325
	9,309	6,456	2,853
	6,743	5,031	1,712
	14,467	12,113	2,354
	6,625	4,383	2,242
	3,613	1,773	1,840
	3,754	3,105	649
	1,982	1,104	878
	3,114	2,380	734
	1,798	944	854
	635	407	228
	4,231	2,714	1,517
	1,050	679	371
	3,571	2,307	1,264
	4,201	2,714	1,487
	4,201	2,714	1,487
	4,201	2,714	1,487
	28,733	18,557	10,176
	189	170	19
	1,790	1,515	275
	7,993	6,242	1,751
	169	119	50
	1,184	599	585
	3,417	2,469	948
	36,011	24,688	11,323
	2,596	1,705	891
	453	332	121
	617	558	59
	1,122	1,015	107
	1,788	1,617	171
	53,129	33,561	19,568
	82,861	44,222	38,639
	16,097	10,160	5,937
	82,644	43,288	39,356
	16,177	11,110	5,067
	98,758	98,758	0
	93,254	93,254	0
	2,999,963	2,999,963	0
	52,500	52,500	0
	170,000	170,000	0
	30,000	30,000	0
	308,865	308,865	0
	900,000	901,349	-1,349
	210,000	210,124	-124
	870,974	872,769	-1,795
	80,000	80,160	-160
	938	938	0
	186,149	186,149	0
	825,000	825,670	-670
	30,000	30,059	-59
	374,224	374,970	-746
	300,000	300,598	-598
	419,000	419,290	-290
	61,859	61,922	-63
	88,273	88,273	0
	140,596	140,596	0
	102,542	102,542	0
	43,446	43,446	0
	365,028	366,489	-1,461
	199,871	200,667	-796
	110,444	110,886	-442
	833,467	836,736	-3,269
	1,557	1,557	0
	807,105	809,216	-2,111
	102,105	102,518	-413
	79,686	79,998	-312
	62	62	0
	63	63	0
	56,840	27,907	28,933
	19,234	9,399	9,835
	11,684	10,988	696
	4,855	4,578	277
	9,854	9,564	290
	192	88	104
	230,000	230,464	-464
	349,251	366,752	-17,501
	515,000	517,857	-2,857
	26,385	26,471	-86
	938	938	0
	1,349	1,349	0
	753	753	0
	16,554	16,554	0
	3,000,000	2,056,904	943,096
	17,895	17,895	0
	17,895	18,001	-106
	416,533	417,783	-1,250
	207,690	207,690	0
	11,960	11,960	0
	72,362	30,669	41,693
	64,001	26,288	37,713
	74,104	51,185	22,919
	63,883	42,224	21,659
	31,835	21,104	10,731
	23,230	20,213	3,017
	53,309	45,635	7,674
	89,348	67,565	21,783
	19,845	15,051	4,794
	36,950	23,784	13,166
	61,230	39,392	21,838
	30,382	19,696	10,686
	61,566	40,879	20,687
	63,782	41,622	22,160
	66,183	42,551	23,632
	56,424	36,234	20,190
	44,573	28,615	15,958
	56,540	45,302	11,238
	57,360	43,713	13,647
	37,962	28,432	9,530
	60,712	44,029	16,683
	14,618	10,638	3,980
	58,187	38,350	19,837
	89,693	57,761	31,932
	49,866	45,063	4,803
	13,335	3,048	10,287
	44,807	41,068	3,739
	18,661	17,241	1,420
	27,706	25,035	2,671
	59,690	69,391	-9,701
	2,084	2,399	-315
	61,090	63,714	-2,624
	75,012	71,324	3,688
	1,412	1,318	94
	65,222	59,679	5,543
	62,571	61,546	1,025
	25,025	14,446	10,579
	15,506	8,957	6,549
	13,334	7,464	5,870
	16,071	12,513	3,558
	14,215	11,122	3,093
	7,041	5,561	1,480
	20,159	18,542	1,617
	4,410	4,120	290
	8,371	6,638	1,733
	13,286	10,530	2,756
	6,860	5,494	1,366
	13,426	11,217	2,209
	14,081	11,217	2,864
	14,503	11,445	3,058
	13,843	10,988	2,855
	8,670	6,867	1,803
	12,473	10,431	2,042
	12,713	10,753	1,960
	8,044	6,709	1,335
	13,373	7,739	5,634
	12,571	8,038	4,533
	19,482	12,172	7,310
	13,882	13,310	572
	2,927	1,608	1,319
	4,122	4,312	-190
	5,878	6,350	-472
	12,524	6,032	6,492
	5,962	2,875	3,087
	14,241	14,792	-551
	13,524	13,793	-269
	16,990	15,886	1,104
	303	285	18
	14,421	13,650	771
	13,954	13,525	429
	5,922	3,410	2,512
	93,938	89,923	4,015
	25,481	25,023	458
	130,997	130,448	549
	30,000	30,000	0
	700,000	700,164	-164
	240,000	240,938	-938
	580,000	580,000	0
	875,000	877,392	-2,392
	51,938	50,467	1,471
	50,000	50,000	0
	75,000	74,960	40
	50,000	50,000	0
	50,000	50,025	-25
	50,000	49,969	31
	100,000	99,828	172
	27,446	24,987	2,459
	661	661	0
	1,151	1,151	0
	1,213	1,213	0
	1,197	1,197	0
	26		26
	39		39
	67,670	64,546	3,124
	29,164	25,805	3,359
	42,935	41,216	1,719
	2,301	1,732	569
	3,392	2,599	793
	2,221	1,732	489
	10,035	7,796	2,239
	10,140	7,796	2,344
	12,311	9,528	2,783
	14,782	11,261	3,521
	5,755	5,456	299
	6,747	6,365	382
	11,511	10,993	518
	8,633	8,313	320
	13,513	10,164	3,349
	40,538	36,381	4,157
	6,756	6,365	391
	14,936	10,890	4,046
	4,979	3,550	1,429
	15,932	11,209	4,723
	1,971	1,078	893
	6,899	4,904	1,995
	26,611	18,551	8,060
	17,806	9,701	8,105
	28,569	21,828	6,741
	17,240	17,361	-121
	21,277	16,559	4,718
	967	751	216
	22,754	17,653	5,101
	22,474	17,278	5,196
	19,664	18,651	1,013
	20,566	22,688	-2,122
	41,131	45,287	-4,156
	12,568	14,168	-1,600
	9,247	8,806	441
	6,541	6,290	251
	81,419	75,478	5,941
	28,462	26,417	2,045
	2,671	2,516	155
	15,255	15,096	159
	16,167	16,354	-187
	6,241	6,290	-49
	11,026	11,322	-296
	31,382	19,078	12,304
	36,901	22,747	14,154
	44,101	25,682	18,419
	40,143	46,248	-6,105
	12,728	14,394	-1,666
	12,365	9,347	3,018
	11,246	8,413	2,833
	17,320	12,151	5,169
	11,991	7,841	4,150
	11,991	7,697	4,294
	34,697	17,841	16,856
	3,304	1,710	1,594
	33,044	17,044	16,000
	1,636	1,830	-194
	2,944	3,324	-380
	29,442	32,919	-3,477
	17,864	20,117	-2,253
	17,980	19,751	-1,771
	3,126	2,733	393
	3,994	3,485	509
	2,779	2,437	342
	10,767	9,453	1,314
	1,166	1,061	105
	20,126	13,728	6,398
	13,550	9,504	4,046
	15,953	10,824	5,129
	777	528	249
	42,950	28,512	14,438
	8,257	5,544	2,713
	14,776	9,180	5,596
	11,903	7,656	4,247
	395	255	140
	5,681	3,570	2,111
	20,843	13,005	7,838
	32,585	23,895	8,690
	19,451	16,164	3,287
	8,959	7,731	1,228
	68,411	55,574	12,837
	24,790	23,531	1,259
	41,537	23,151	18,386
	3,006	1,694	1,312
	7,219	3,388	3,831
	25,297	11,858	13,439
	9,059	4,235	4,824
	14,022	6,353	7,669
	6,412	2,823	3,589
	60,482	33,415	27,067
	60,471	36,110	24,361
	20,753	14,773	5,980
	15,165	11,027	4,138
	8,042	5,530	2,512
	4,825	3,409	1,416
	59,794	25,682	34,112
	22,636	9,539	13,097
	24,675	10,669	14,006
	1,898	850	1,048
	31,732	12,803	18,929
	17,486	8,040	9,446
	8,669	4,020	4,649
	39,733	18,392	21,341
	74,835	47,785	27,050
	54,687	34,379	20,308
	138,300	140,259	-1,959
	19,204	9,599	9,605
	10,015	10,110	-95
	100,948	112,866	-11,918
	104,762	116,434	-11,672
	29,244	33,886	-4,642

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			11
b			373
c			24
d			1,103
e			336
			79,773
			324
			491
			349
			555
			40,593
			5,000
			14,182
			749
			558
			41,555
			1,815
			1,005
			251
			-1
			1,353
			666
			198
			-2,894
			-11
			708
			28,928
			54
			14
			4,325
			2,853
			1,712
			2,354
			2,242
			1,840
			649
			878
			734
			854
			228
			1,517
			371
			1,264
			1,487
			1,487
			1,487
			10,176
			19
			275
			1,751
			50
			585
			948
			11,323
			891
			121
			59
			107
			171
			19,568
			38,639
			5,937
			39,356
			5,067
			0
			0
			0
			0
			0
			0
			0
			-1,349
			-124
			-1,795
			-160
			0
			0
			-670
			-59
			-746
			-598
			-290
			-63
			0
			0
			0
			0
			-1,461
			-796
			-442
			-3,269
			0
			-2,111
			-413
			-312
			0
			0
			28,933
			9,835
			696
			277
			290
			104
			-464
			-17,501
			-2,857
			-86
			0
			0
			0
			0
			943,096
			0
			-106
			-1,250
			0
			0
			41,693
			37,713
			22,919
			21,659
			10,731
			3,017
			7,674
			21,783
			4,794
			13,166
			21,838
			10,686
			20,687
			22,160
			23,632
			20,190
			15,958
			11,238
			13,647
			9,530
			16,683
			3,980
			19,837
			31,932
			4,803
			10,287
			3,739
			1,420
			2,671
			-9,701
			-315
			-2,624
			3,688
			94
			5,543
			1,025
			10,579
			6,549
			5,870
			3,558
			3,093
			1,480
			1,617
			290
			1,733
			2,756
			1,366
			2,209
			2,864
			3,058
			2,855
			1,803
			2,042
			1,960
			1,335
			5,634
			4,533
			7,310
			572
			1,319
			-190
			-472
			6,492
			3,087
			-551
			-269
			1,104
			18
			771
			429
			2,512
			4,015
			458
			549
			0
			-164
			-938
			0
			-2,392
			1,471
			0
			40
			0
			-25
			31
			172
			2,459
			0
			0
			0
			0
			26
			39
			3,124
			3,359
			1,719
			569
			793
			489
			2,239
			2,344
			2,783
			3,521
			299
			382
			518
			320
			3,349
			4,157
			391
			4,046
			1,429
			4,723
			893
			1,995
			8,060
			8,105
			6,741
			-121
			4,718
			216
			5,101
			5,196
			1,013
			-2,122
			-4,156
			-1,600
			441
			251
			5,941
			2,045
			155
			159
			-187
			-49
			-296
			12,304
			14,154
			18,419
			-6,105
			-1,666
			3,018
			2,833
			5,169
			4,150
			4,294
			16,856
			1,594
			16,000
			-194
			-380
			-3,477
			-2,253
			-1,771
			393
			509
			342
			1,314
			105
			6,398
			4,046
			5,129
			249
			14,438
			2,713
			5,596
			4,247
			140
			2,111
			7,838
			8,690
			3,287
			1,228
			12,837
			1,259
			18,386
			1,312
			3,831
			13,439
			4,824
			7,669
			3,589
			27,067
			24,361
			5,980
			4,138
			2,512
			1,416
			34,112
			13,097
			14,006
			1,048
			18,929
			9,446
			4,649
			21,341
			27,050
			20,308
			-1,959
			9,605
			-95
			-11,918
			-11,672
			-4,642

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	2,379,226
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 ...................		3

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 and enter “N/A" on line 1.
	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	86,973
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	86,973
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	97,709
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	20,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	117,709
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	30,736
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax30,736	Refunded	11	0

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

STUART FRANKEL Telephone no. bullet

(248) 649-2924

Located at bullet

1334 MAPLELAWNTROYMI ZIP+4 bullet

48084

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

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? .................

16Yes

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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? .............

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)):

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?....................

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
STUART FRANKEL	PRESIDENT 1.00	0	0	0
1334 MAPLELAWN TROY,MI48084	PRESIDENT 1.00	0	0	0
MAXINE FRANKEL	VICE PRESIDENT 1.00	0	0	0
1334 MAPLELAWN TROY,MI48084	VICE PRESIDENT 1.00	0	0	0

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...................				0

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............. 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)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

176,385,672

Average of monthly cash balances.......................

872,863

Fair market value of all other assets (see instructions)................

83,597

Total (add lines 1a, b, and c).........................

177,342,132

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

177,342,132

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

2,660,132

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

174,682,000

Minimum investment return. Enter 5% (0.05) of line 5................

8,734,100

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.)

Minimum investment return from Part IX, line 6..................

8,734,100

Tax on investment income for 2021 from Part V, line 5.......

86,973

Income tax for 2021. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

86,973

Distributable amount before adjustments. Subtract line 2c from line 1............

8,647,127

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

8,647,127

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

8,647,127

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

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					8,647,127
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......
b From 2017......
c From 2018......
d From 2019......
e From 2020......	608,994
f Total of lines 3a through e ........		608,994
4Qualifying distributions for 2021 from Part
XI, line 4: $ 8,460,749
a Applied to 2020, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2021 distributable amount.....					8,460,749
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2021.		186,378			186,378
(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		422,616
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		422,616
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....
d Excess from 2020....	422,616
e Excess from 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 4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
NATIONAL PHILANTHROPIC TRUST 165 TOWNSHIP LINE ROAD NO 1200 JENKINTOWN,PA19046		PUBLIC CHARITY	CONTRIBUTION	8,460,749
Total ................................. 3a				8,460,749

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	2,379,226
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aFROM PASSTHROUGH			18		1,228,127
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		5,616,546	1,228,127

13Total. Add line 12, columns (b), (d), and (e)..................

6,844,673

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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.)
11	ACTIVITY FROM PASSTHROUGH

Form 990-PF (2021)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Stock	End of Year Book Value	End of Year Fair Market Value
GOLDMAN SACHS PORTFOLIO	14,030,588	14,030,588
QUANTUN ENERGY PARTNERS VI, LP	174,580	174,580
BLOOMFIELD CAPITAL INCOME FUND III LLC	2,165,707	2,165,707
CARLYLE STRATEGIC PARTNERS IV	826,382	826,382
DEERFIELD PRIVATE DESIGN FUND IV LP	1,650,765	1,650,765
MITHRIL II LP	1,709,637	1,709,637
QUANTUN ENERGY PARTNERS VII, LP	1,425,384	1,425,384
ELLIOTT INTERNATIONAL	5,860,416	5,860,416
CHARLES SCHWAB SECURITIES	11,668,942	11,668,942
AQUILO CAPITAL	2,065,951	2,065,951
THE CHILDRENS INVESTMENT FUND	7,165,894	7,165,894
THE HURON FLEX EQUITY	872,107	872,107
THE HURON FUND V	447,634	447,634
PLYMOUTH GROWTH PARTNERS IV	1,245,066	1,245,066
DEERFIELD HEALTHCARE INNOVATIONS FUND	346,889	346,889
JP MORGAN PORTFOLIO	78,343,937	78,343,937
DEERFIELD PRIVATE DESIGN V	324,864	324,864
DEERFIELD PARTNERS	1,313,550	1,313,550
DEERFIELD	88,905	88,905
PLYMOUTH GROWTH PARTNERS V	110,166	110,166
TIGER GLOBAL PIP	2,914,579	2,914,579
TIGER GLOBAL PIP XV FEEDER	825,000	825,000

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
PREPAID EXCISE TAX	79,154	10,736	10,736
TRANSFERRED TO RELATED FOUNDATION	4,566	4,566	4,566
BOND PREMIUM	55,956	68,295	68,295

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXCISE TAX	98,418	0		0
MAR	20	0		0