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
GORLITZ FOUNDATION LTD
 
Number and street (or P.O. box number if mail is not delivered to street address)3935 MORRISON STREET NW
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20015
A Employer identification number

52-1439097
B Telephone number (see instructions)

(202) 966-2108
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$5,055,127J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 10 10  
4 Dividends and interest from securities... 95,913 95,913  
5a Gross rents............ 6,537 6,537  
b Net rental income or (loss) -65,358
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
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).......      
12 Total. Add lines 1 through 11........ 102,460 102,460  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 8,000 8,000   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 12,500 12,500   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 33,128 33,128   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 21,878 21,878  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 17,069 17,069   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 92,575 92,575   0
25 Contributions, gifts, grants paid....... 82,500 82,500
26 Total expenses and disbursements. Add lines 24 and 25 175,075 92,575   82,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -72,615
b Net investment income (if negative, enter -0-) 9,885
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......... 86,300 31,363 31,363
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)....... 513,572 Click to see attachment513,572 2,986,906
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet933,359
Less: accumulated depreciation (attach schedule) bullet499,091 456,146 Click to see attachment434,268 1,963,850
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 37,604 Click to see attachment37,604 73,008
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) 1,093,622 1,016,807 5,055,127
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) Click to see attachment18,269 Click to see attachment18,269
23 Total liabilities (add lines 17 through 22)......... 18,269 18,269
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 1,447,224 1,447,224
28 Retained earnings, accumulated income, endowment, or other funds -371,871 -448,686
29 Total net assets or fund balances (see instructions)..... 1,075,353 998,538
30 Total liabilities and net assets/fund balances (see instructions). 1,093,622 1,016,807
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
1,075,353
2
Enter amount from Part I, line 27a .....................
2
-72,615
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,002,738
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,200
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
998,538
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.)
1a
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
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
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  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 137
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- ..... 5 137
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 7,851
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,851
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 7,714
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet7,714 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMD
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (202) 966-2108

    Located atbullet3935 MORRISON STREET NWWASHINGTONDC ZIP+4bullet20015
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    PAULA GORLITZ VICE PRESIDENT
    20.00     		0 0 0
    623 GREGORY AVENUE
    WILMETTE,IL60091
    CHRISTOPHER T SMITH TREASURER
    20.00     		0 0 0
    3935 MORRISON STREET NW
    WASHINGTON,DC20015
    ARIEL ZUCKERMAN PRESIDENT
    50.00     		8,000 0 0
    2130 N STAVE STREET
    CHICAGO,IL60647
    ERIC ZUCKERMAN SECRETARY
    5.00     		0 0 0
    298 N 7TH ST APT 3A
    BROOKLYN,NY11211
    STEVEN ZUCKERMAN ASSISTANT SECRETARY
    20.00     		0 0 0
    623 GREGORY AVENUE
    WILMETTE,IL60091
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,556,500
    b
    Average of monthly cash balances.......................
    1b
    123,093
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,963,850
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,643,443
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    4,643,443
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    69,652
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    4,573,791
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    228,690
    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
    228,690
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    137
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    137
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    228,553
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    228,553
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    228,553
    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 7 228,553
    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...... 35,303
    c From 2018...... 61,584
    d From 2019...... 16,673
    e From 2020...... 78,188
    f Total of lines 3a through e ........ 191,748
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 82,500
    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..... 82,500
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 146,053 146,053
    (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 45,695
    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 ......     		45,695
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020.... 45,695
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    PAULA GORLITZ
    CHRISTOPHER T SMITH
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    GORLITZ FOUNDATION LTD
    3935 MORRISON STREET NW
    WASHINGTON,DC20015
    (202) 966-2108
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS BY LETTER STATING NAME OF ORGANIZATION, CHARITABLE PURPOSE, AMOUNT REQUESTED AND PROPOSED USE OF AMOUNT TO BE PROVIDED BY THE FOUNDATION.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ANY RECOGNIZED CHARITY-NO GEOGRAPHICAL RESTRICTIONS OR OTHER LIMITATIONS
    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
    AMAZON WATCH
    520 3RD STREET SUITE 108
    OAKLAND,CA94607     		N/A NC PROTECT INDIGENOUS PEOPLE & AMAZON RAINFOREST FROM DESTRUCTION AND DEVELOPMENT 1,000
    AMERICAN JEWISH WORLD SERVICE
    PO BOX 568
    ETNA,NH03750     		N/A NC INTERNATIONAL HUMAN RIGHTS ORGANIZATION 1,000
    BIG LIFE FOUNDATION
    1715 N HERON DRIVE
    RIDGEFIELD,WA98642     		N/A NC EMPLOY MAASAI RANGERS TO PREVENT BIG GAME POACHING AND SAFEGUARD LAND 1,000
    BORDER ANGELS
    2258 ISLAND AVE
    SAN DIEGO,CA92102     		N/A NC HUMANITARIAN OUTREACH FOR DAY LABORERS AND MIGRANTS AT THE BORDER 1,000
    CENTER FOR REPRODUCTIVE RIGHTS
    199 WATER ST 22ND FL
    NEW YORK,NY10038     		N/A NC NATIONAL GROUP ADVANCING & PROTECTING PRO-CHOICE LAWS 3,500
    CONSERVATION LANDS FOUNDATION
    835 E 2ND AVE STE 314
    DURANGO,CO81301     		N/A NC PROTECT US PUBLIC LANDS FROM OIL, DRILLING, MINING, DEVELOPMENT 1,000
    DIRECT RELIEF
    6100 WALLACE BECKNELL RD
    SANTA BARBARA,CA93117     		N/A NC INTERNATIONAL & NATIONAL MEDICAL AID DURING CRISIS 1,000
    DOCTORS WITHOUT BORDERS
    PO BOX 5023
    HAGERSTOWN,MD21741     		N/A NC INTERNATIONAL MEDICAL AID 4,000
    EARTHJUSTICE
    50 CALIFORNIA ST STE 500
    SAN FRANCISCO,CA94111     		N/A NC INTERNATIONAL ENVIRONMENTAL LAW GROUP 4,000
    EDEN REFORESTATION PROJECTS
    303 W FOOTHILL BLVD UNIT 13
    GLENDORA,CA91741     		N/A NC HIRES INDIGENOUS PEOPLE IN GLOBAL SOUTH TO PLANT AND CARE FOR NATIVE FOREST SPECIES 1,000
    ENVIRONMENTAL DEFENSE FUND
    1875 CONNECTICUT AVE NW SUITE 600
    WASHINGTON,DC20009     		N/A NC INTERNATIONAL WILDLIFE PROTECTION & CLIMATE SCIENCE GROUP 5,000
    FLORENCE IMMIGRANT & REFUGEE RIGHTS PROJECT
    PO BOX 86299
    TUCSON,AZ85754     		N/A NC LEGAL SERVICE PROVIDER FOR IMMIGRANTS & REFUGEES IN ARIZONA 1,000
    FRIENDS OF THE EARTH
    1101 15TH STREET NW 11TH FL
    WASHINGTON,DC20005     		N/A NC INTERNATIONAL ENVIRONMENTAL GROUP NETWORK 3,500
    GLOBAL HEALTH PARTNERS
    113 UNIVERSITY PLACE 8TH FLOOR
    NEW YORK,NY10003     		N/A NC SUPPORT COMMUNITY HEALTH CENTERS IN LATIN AMERICA 4,000
    HIAS
    PO BOX 97077
    WASHINGTON,DC20090     		N/A NC NATIONAL REFUGEE AID & ASSISTANCE 1,000
    INSTITUTE FOR AGRICULTURE AND TRADE POLICY
    2105 FIRST AVE SOUTH
    MINNEAPOLIS,MN55404     		N/A NC SUSTAINABLE FARMING/TRADE RESEARCH & ADVOCACY 500
    INTERNATIONAL REFUGEE ASSISTANCE PROJECT
    PO BOX 21917
    NEW YORK,NY10087     		N/A NC LEGAL ADVOCACY FOR REFUGEES 1,000
    INTERNATIONAL RELIEF TEAMS
    4560 ALVARADO CANYON RD STE 1H
    SAN DIEGO,CA92120     		N/A NC HUMANITARIAN/MEDICAL ASSISTANCE TO DISASTER VICTIMS AND IMPOVERISHED 1,000
    INTERNATIONAL RESCUE COMMITTEE
    PO BOX 6068
    ALBERT LEA,MN56007     		N/A NC HUMANITARIAN AID FOR WAR, REFUGEE, EMERGENCY SITUATIONS 3,000
    JANE GOODALL INSTITUTE
    1595 SPRING HILL RD STE 550
    VIENNA,VA22182     		N/A NC INTERNATIONAL JEWISH SERVICE GROUP & FIGHTING ANTI-SEMITISM 1,000
    JEWISH COUNCIL FOR THE AGING
    12320 PARKLAWN DR
    ROCKVILLE,MD20852     		N/A NC MARYLAND OLDER ADULT SERVICES 2,000
    LAWYERS FOR GOOD GOVERNMENT FOUNDATION PROJECT CORAZON
    10685-B HAZELHURST DRIVE STE 19646
    HOUSTON,TX77043     		N/A NC LEGAL SERVICE PROVIDER FOR IMMIGRANTS & REFUGEES TOWARD FAMILY REUNIFICATION 1,000
    MIDWEST ACCESS PROJECT
    5215 NORTH RAVENSWOOD AVENUE SUITE
    206
    CHICAGO,IL60640     		N/A NC CHICAGO FAMILY PHYSICIANS AND REPRODUCTIVE HEALTH ADVOCATES WHO OBSERVED THAT THEIR PATIENTS AND CLIENTS HAD DIFFICULTY ACCESSING COMPREHENSIVE REPRODUCTIVE HEALTH SERVICES 1,000
    NAACP LEGAL DEFENSE & EDUCATION FUND
    40 RECTOR STREET 5TH FLOOR
    NEW YORK,NY10006     		N/A NC NATIONAL ORGANIZATION PROVIDING LITIGATION/ADVOCACY FOR RACIAL JUSTICE 2,500
    NARAL PRO-CHOICE AMERICA FOUNDATION
    1725 EYE ST NW STE 900
    WASHINGTON,DC20006     		N/A NC POLITICAL/LEGAL ADVOCACY FOR REPRODUCTIVE RIGHTS 1,500
    NATIVE AMERICAN RIGHTS FUND
    1506 BROADWAY
    BOULDER,CO80302     		N/A NC LEGAL ADVOCACY FOR NATIVE AMERICAN GROUPS 1,000
    NATURAL RESOURCES DEFENSE COUNCIL
    PO BOX 1830
    MERRIFIELD,VA22116     		N/A NC INTERNATIONAL LEGAL/SCIENTIFIC GROUP PROTECTING ENVIRONMENT 6,000
    OCEAN CONSERVANCY
    1300 19TH STREET NW 8TH FL
    WASHINGTON,DC20036     		N/A NC CONDUCT OCEAN CLEAN-UP, EDUCATION, ADVOCACY FOR SUSTAINABLE FISHERIES AND PROTECTION OF OCEAN ECOSYSTEMS 2,000
    OCEANA
    1025 CONNECTICUT AVE NW STE 200
    WASHINGTON,DC20036     		N/A NC PROTECT OCEAN AND MARINE SPECIES 2,000
    PARTNERS IN HEALTH
    PO BOX 996
    FREDERICK,MD21705     		N/A NC INTERNATIONAL MEDICAL AID 5,000
    PHYSICIANS COMMITTEE FOR RESPONSIBLE MEDICINE
    TWO BRATTLE SQUARE STE 6
    CAMBRIDGE,MA02138     		N/A NC RESEARCH & ADVOCACY ON SUSTAINABLE AGRICULTURE, GLOBAL WARMING, NUCLEAR POWER 1,000
    PLANNED PARENTHOOD FEDERATION OF AMERICA
    PO BOX 97166
    WASHINGTON,DC20090     		N/A NC NATIONAL REPRODUCTIVE AND PRIMARY HEALTHCARE PROVIDER 7,500
    RAICES
    1305 N FLORES STREET
    SAN ANTONIO,TX78212     		N/A NC LEGAL SERVICE PROVIDER FOR IMMIGRANTS & REFUGEES IN TEXAS 500
    REWILD
    PO BOX 129
    AUSTIN,TX78767     		N/A NC PROTECT CRITICAL BIODIVERSITY AND PREVENT EXTINCTION OF ENDANGERED PLANT AND ANIMAL SPECIES IN CONJUNCTION WITH INDIGENOUS COMMUNITIES 1,000
    SIERRA CLUB FOUNDATION
    2101 WEBSTER ST STE 1250
    OAKLAND,CA94612     		N/A NC NATIONAL ENVIRONMENTAL PROTECTION GROUP 5,000
    SOUTHERN POVERTY LAW CENTER
    400 WASHINGTON AVE
    MONTGOMERY,AL36104     		N/A NC LEGAL ADVOCACY FOR CIVIL RIGHTS & LITIGATION AGAINST HATE GROUPS/ EXTREMISTS 5,000
    SYRIAN AMERICAN MEDICAL SOCIETY FOUNDATION
    PO BOX 34115
    WASHINGTON,DC20043     		N/A NC ASSIST SYRIAN REFUGEES WITH THERAPY AND PSYCHOSOCIAL SUPPORT 1,000
    THE CONSERVATION FUND
    1655 FORT MYER DR
    ARLINGTON,VA22209     		N/A NC NATIONAL ENVIRONMENTAL PRESERVATION GROUP 3,500
    THE NATURE CONSERVANCY
    4245 FAIRFAX DRIVE SUITE 100
    ARLINGTON,VA22203     		N/A NC INTERNATIONAL ENVIRONMENTAL CONSERVATION GROUP 5,000
    TRUST FOR PUBLIC LAND
    PO BOX 399336
    SAN FRANCISCO,CA94139     		N/A NC NATIONAL ENVIRONMENTAL PROTECTION & PARK CREATION 2,000
    WATERKEEPER ALLIANCE
    180 MAIDEN LANE STE 603
    NEW YORK,NY10038     		N/A NC INTERNATIONAL WATER PATROL & PROTECTION 1,500
    GLOBAL HEALTH PARTNERS
    113 UNIVERSITY PLACE 8TH FLOOR
    NEW YORK,NY10003     		N/A NC SUPPORT COMMUNITY HEALTH CENTERS IN LATIN AMERICA -4,500
    PETS LTD INC
    13320 OCCOQUAN RD
    WOODBRIDGE,VA22191     		N/A NC VIRGINIA SPAY/RESCUE GROUP -4,000
    HEALTHY LIVING INC
    1816 12TH ST NW
    WASHINGTON,DC20009     		N/A NC WASHINGTON NUTRITION & COOKING CLASSES FOR POOR COMMUNITIES -4,000
    RABBIS FOR HUMAN RIGHTS
    630 THIRD AVE STE 1501
    NEW YORK,NY10017     		N/A NC ISRAELI HUMAN RIGHTS ORGANIZATION -1,000
    CHICAGO ARTS PARTNERSHIPS IN EDUCATION
    228 S WABASH AVE STE 500
    CHICAGO,IL60604     		N/A NC FUND ART CLASSES, TRAINING, AND PROGRAMS FOR CPS STUDENTS -500
    Total .................................bullet 3a 82,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 10  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property..... 531390 -65,358      
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. -65,358 95,923 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    30,565
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    GORLITZ FOUNDATION LTD
    EIN:
    52-1439097
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 12,500 12,500   0

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

    TY 2021 DepreciationSchedule
    Name:
    GORLITZ FOUNDATION LTD
    EIN:
    52-1439097
    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
    BUILDING 1997-12-26 698,398 412,631 SL 39.000000000000 17,908 17,908    
    BUILDING IMPROVEMENTS 1997-12-26 14,425 8,525 SL 39.000000000000 370 370    
    LAND 1997-12-26 75,000   L   0 0    
    BUILDING IMPROVEMENTS 1998-04-01 32,199 18,757 SL 39.000000000000 826 826    
    BUILDING IMPROVEMENTS 2002-06-01 8,068 3,838 SL 39.000000000000 207 207    
    ROOF 2004-06-01 15,883 6,733 SL 39.000000000000 407 407    
    HVAC UNIT 2005-05-31 12,566 5,031 SL 39.000000000000 322 322    
    HVAC UNIT 2006-07-01 4,025 1,489 SL 39.000000000000 103 103    
    HVAC UNIT 2007-06-30 8,775 3,047 SL 39.000000000000 225 225    
    BUILDING IMPROVEMENTS 2007-07-01 5,000 1,723 SL 39.000000000000 128 128    
    SECURITY SYSTEM 2009-07-01 4,132 2,066 200DB 10.000000000000 0 0    
    SECURITY SYSTEM 2010-07-01 1,000 500 200DB 10.000000000000 0 0    
    HVAC NEW EQUIPMENT 2013-07-01 53,888 10,307 SL 39.000000000000 1,382 1,382    

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    GORLITZ FOUNDATION LTD
    EIN:
    52-1439097
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BRISTOL MEYERS SQUIBB CO 300 SHARES 7,200 18,705
    CITIGROUP INC COM NEW 200 SHS 5,826 12,078
    COMCAST CORP NEW CLASS A 200 SHS 4,445 20,132
    EXXON MOBIL CORP 700 SHARES 29,872 42,833
    FEDERAL REALTY 19900 SHS. 395,426 2,712,768
    J P MORGAN CHASE & CO 200 SH 8,396 31,670
    JOHNSON AND JOHNSON CO 100 SHS 6,379 17,107
    MCDONALDS CORP 200 SHS 12,240 53,614
    PFIZER INC DEL 1200 SHS 14,241 35,430
    VERIZON COMM COM 800 SHARES 28,766 41,568
    VIATRIS INC 781 1,001

    TY 2021 InvestmentsLandSchedule2
    Name:
    GORLITZ FOUNDATION LTD
    EIN:
    52-1439097
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDING 698,398 430,539 267,859  
    BUILDING IMPROVEMENTS 14,425 8,895 5,530  
    LAND 75,000 0 75,000  
    BUILDING IMPROVEMENTS 32,199 19,583 12,616  
    BUILDING IMPROVEMENTS 8,068 4,045 4,023  
    ROOF 15,883 7,140 8,743  
    HVAC UNIT 12,566 5,353 7,213  
    HVAC UNIT 4,025 1,592 2,433  
    HVAC UNIT 8,775 3,272 5,503  
    BUILDING IMPROVEMENTS 5,000 1,851 3,149  
    SECURITY SYSTEM 4,132 4,132 0  
    SECURITY SYSTEM 1,000 1,000 0  
    HVAC NEW EQUIPMENT 53,888 11,689 42,199  

    TY 2021 InvestmentsOtherSchedule2
    Name:
    GORLITZ FOUNDATION LTD
    EIN:
    52-1439097
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMER FUNDS INCOME FUND OF AMERICA CL F2 988.064 SHS FMV 14,974 25,512
    SPDR S&P 500 ETF TRUST 100 SHARES FMV 22,630 47,496

    TY 2021 OtherDecreasesSchedule
    Name:
    GORLITZ FOUNDATION LTD
    EIN:
    52-1439097
    Description Amount
    FEDERAL TAXES 4,200


    TY 2021 OtherExpensesSchedule
    Name:
    GORLITZ FOUNDATION LTD
    EIN:
    52-1439097
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS ADMINISTRATIVE 24 24   0
    INVESTMENT FEES 156 156   0
    INSURANCE 3,312 3,312   0
    REPAIRS & MAINTENANCE 1,167 1,167   0
    UTILITIES 7,532 7,532   0
    LEGAL FEES 2,661 2,661   0
    SECURITY SYSTEM 1,934 1,934   0
    EXTERMINATOR 283 283   0


    TY 2021 OtherLiabilitiesSchedule
    Name:
    GORLITZ FOUNDATION LTD
    EIN:
    52-1439097
    Description Beginning of Year - Book Value End of Year - Book Value
    SECURITY DEPOSITS 7,669 7,669
    DUE TO CRIS SMITH 200 200
    DUE TO GRACE K. GORLITZ 10,400 10,400


    TY 2021 TaxesSchedule
    Name:
    GORLITZ FOUNDATION LTD
    EIN:
    52-1439097
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAXES 33,128 33,128   0