Form990-PF
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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
CAROLYN AND PETER FRIEDMAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)76 MAIN STREET STE A
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TIBURON, CA94920
A Employer identification number

83-2838067
B Telephone number (see instructions)

(415) 435-5966
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$4,872,014J 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 5,032 5,032 5,032
4 Dividends and interest from securities... 84,142 84,142 84,142
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 57,175
b Gross sales price for all assets on line 6a 1,258,664
7 Capital gain net income (from Part IV, line 2)... 57,175
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........ 146,349 146,349 89,174
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 34,286     34,286
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)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,378     3,378
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 3,407     3,407
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 41,071 0   41,071
25 Contributions, gifts, grants paid....... 250,000 250,000
26 Total expenses and disbursements. Add lines 24 and 25 291,071 0   291,071
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -144,722
b Net investment income (if negative, enter -0-) 146,349
c Adjusted net income (if negative, enter -0-)... 89,174
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............. 7,287 5,362 5,362
2 Savings and temporary cash investments.........      
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)....... 3,125,280 Click to see attachment3,033,513 4,191,498
c Investments—corporate bonds (attach schedule)....... 275,463    
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 426,531 Click to see attachment652,139 675,154
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) 3,834,561 3,691,014 4,872,014
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
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........ 3,834,561 3,691,014
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)..... 3,834,561 3,691,014
30 Total liabilities and net assets/fund balances (see instructions). 3,834,561 3,691,014
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
3,834,561
2
Enter amount from Part I, line 27a .....................
2
-144,722
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,175
4
Add lines 1, 2, and 3 ..........................
4
3,691,014
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,691,014
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a QTY. DESCRIPTION P    
b 50 ADOBE, INC P 2018-12-26 2021-08-04
c 1000 AMTRUST FINLS 7.5% P 2020-02-26 2021-06-08
d 100 AMTRUST FINLS 7.5% P 2020-03-02 2021-06-08
e 100 AMTRUST FINLS 7.5% P 2020-03-02 2021-06-08
100 AMTRUST FINLS 7.5% P 2020-03-02 2021-06-08
700 AMTRUST FINLS 7.5% P 2020-03-02 2021-06-08
200 APPLE INC. (Separate for sales) P 2018-12-26 2021-08-04
200 BIOGEN P 2021-01-27 2021-06-07
100 BIOGEN P 2021-06-08 2021-06-23
50.4457 DUPONT DE NEMOURS P 2018-12-26 2022-06-21
28.5542 DUPONT DE NEMOURS P 2019-01-25 2022-06-21
1089 GENERAL ELECTRIC P 2018-12-26 2021-03-10
1000 GENERAL ELECTRIC P 2019-08-22 2021-03-10
1000 GENERAL ELECTRIC P 2019-08-22 2021-03-10
911 GENERAL ELECTRIC P 2019-12-13 2021-03-10
250 HCP INC REIT / HEALTHPEAK P 2018-12-26 2021-06-04
750 HCP INC REIT / HEALTHPEAK P 2019-01-25 2021-06-04
2500 HEARTLAND EXPRESS P 2021-04-15 2021-11-11
100 HOME DEPOT INC P 2019-01-25 2021-06-04
500 INTEL CORP P 2019-04-29 2021-02-12
500 INTEL CORP P 2019-08-23 2021-03-11
500 INTEL CORP P 2020-07-30 2021-03-15
1000 KKR & CO P 2020-02-25 2021-06-15
4500 KNOW LABS INC P 2020-11-23 2021-02-25
120 KNOW LABS INC (SPLIT 500 TO 120 / 380) P 2020-11-23 2021-02-24
380 KNOW LABS INC (SPLIT 500 TO 120 / 380) P 2020-11-23 2021-02-25
100 MICROSOFT P 2018-12-26 2021-08-04
500 MODERNA INC P 2020-12-10 2021-02-19
250 MODERNA INC SPLIT 250 SHS P 2020-12-30 2021-06-10
250 MODERNA INC SPLIT 250 SHS P 2020-12-30 2021-08-04
2000 NEW RESIDENTIAL INVESTMENT P 2019-02-22 2021-11-11
1000 NEW RESIDENTIAL INVESTMENT P 2021-09-02 2021-11-11
0.3 ORGANON & CO P 2018-12-27 2021-06-04
85 ORGANON & CO P 2018-12-27 2021-06-04
60 ORION OFFICE REIT (Spin off) P 2021-11-15 2021-12-01
89 RIO TINTO PLC P 2021-04-15 2021-11-11
411 RIO TINTO PLC P    
100 UNITED HEALTH GROUP, INC. P    
11.1116 WASHINGTON PRIME GROUP P    
55.5583 WASHINGTON PRIME GROUP P    
55.5583 WASHINGTON PRIME GROUP P    
77.7816 WASHINGTON PRIME GROUP P    
100.005 WASHINGTON PRIME GROUP P    
111.1166 WASHINGTON PRIME GROUP P    
144.4516 WASHINGTON PRIME GROUP P    
555.5833 WASHINGTON PRIME GROUP P    
555.5833 WASHINGTON PRIME GROUP P    
555.5833 WASHINGTON PRIME GROUP P    
100.005 WASHINGTON PRIME GROUP P    
455.5783 WASHINGTON PRIME GROUP P    
555.5833 WASHINGTON PRIME GROUP P    
555.5833 WASHINGTON PRIME GROUP P    
258.6796 WASHINGTON PRIME GROUP P    
296.9037 WASHINGTON PRIME GROUP P    
555.5833 WASHINGTON PRIME GROUP P    
555.5833 WASHINGTON PRIME GROUP P    
555.5833 WASHINGTON PRIME GROUP P    
555.5833 WASHINGTON PRIME GROUP P    
13333 WASHINGTON PRIME GROUP P    
25M NORDSTROM 4% 10/15/21 P    
25M MORGAN STANLEY PR 1.7% 02/26/21 P    
Capital Gain Dividends      
(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 31,219   11,225 19,994
c 21,400   18,250 3,150
d 2,140   1,739 401
e 2,140   1,743 397
2,140   1,750 390
14,980   12,530 2,450
29,422   7,671 21,751
90,521   54,924 35,597
36,795   38,506 -1,711
4,304   3,891 413
2,436   2,445 -9
14,139   7,743 6,396
12,984   8,267 4,717
12,984   7,916 5,068
11,828   10,330 1,498
8,388   6,858 1,530
25,165   22,515 2,650
43,051   49,175 -6,124
30,987   18,041 12,946
30,944   25,588 5,356
31,997   22,544 9,453
31,450   24,815 6,635
25,000   26,750 -1,750
19,800   6,885 12,915
528   183 345
1,672   580 1,092
28,683   9,880 18,803
87,176   83,166 4,010
54,657   29,228 25,429
102,539   29,228 73,311
22,845   33,135 -10,290
11,422   11,050 372
10   10  
2,915   2,963 -48
1,073   1,631 -558
5,599   7,475 -1,876
25,858   34,512 -8,654
42,235   24,730 17,505
22   554 -532
112   2,766 -2,654
112   2,770 -2,658
157   3,872 -3,715
201   4,978 -4,777
224   5,540 -5,316
291   7,190 -6,899
1,119   29,139 -28,020
1,118   25,593 -24,475
1,117   24,225 -23,108
201   3,843 -3,642
916   17,519 -16,603
1,117   16,136 -15,019
1,117   14,248 -13,131
520   6,239 -5,719
597   7,156 -6,559
1,117   12,565 -11,448
1,117   11,239 -10,122
1,117   10,196 -9,079
1,117   8,946 -7,829
26,772   51,863 -25,091
25,000   25,040 -40
250,000   250,000  
      20,057
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       19,994
c       3,150
d       401
e       397
      390
      2,450
      21,751
      35,597
      -1,711
      413
      -9
      6,396
      4,717
      5,068
      1,498
      1,530
      2,650
      -6,124
      12,946
      5,356
      9,453
      6,635
      -1,750
      12,915
      345
      1,092
      18,803
      4,010
      25,429
      73,311
      -10,290
      372
       
      -48
      -558
      -1,876
      -8,654
      17,505
      -532
      -2,654
      -2,658
      -3,715
      -4,777
      -5,316
      -6,899
      -28,020
      -24,475
      -23,108
      -3,642
      -16,603
      -15,019
      -13,131
      -5,719
      -6,559
      -11,448
      -10,122
      -9,079
      -7,829
      -25,091
      -40
       
       
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 57,175
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 -68,148
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 2,034
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,034
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 46
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,080
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet0 RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    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)
    bulletCA
    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 ofbulletDAVID B BENNETTCPA Telephone no.bullet (415) 435-5966

    Located atbullet76 MAIN STREET SUITE ATIBURONCA ZIP+4bullet94920
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    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
    BRIAN SWIFT President & CEO
    8.00     		24,211    
    69 BEACH RD
    BELVEDERE,CA94920
    EINAR L ASBO Secretary
    2.00     		800    
    100 THORNDALE DRIVE 271
    SAN RAFAEL,CA94903
    DAVID B BENNETT Treasurer
    4.00     		7,675    
    76 MAIN ST A
    TIBURON,CA94920
    JOSHUA A THOMASSON Director
    2.00     		800    
    1940 PARK NEWPORT
    NEWPORT BEACH,CA92660
    PETER G THOMASSON Director
    2.00     		800    
    1409 SUPERIOR AVE 1
    NEWPORT BEACH,CA92663
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    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)
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    0
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    0
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    0
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    0
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    0
    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
     
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    2,034
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,034
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,034
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    2,034
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    0
    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 0
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019...... 138,732
    e From 2020...... 254,259
    f Total of lines 3a through e ........ 392,991
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 291,071
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount.....  
    e Remaining amount distributed out of corpus 291,071
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 684,062
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		684,062
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019.... 138,732
    d Excess from 2020.... 254,259
    e Excess from 2021.... 291,071
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    HUCKLEBERRY YOUTH PROGRAM
    3450 GEARY BLVD
    SAN FRANCISCO,CA94118     		NONE   SUPPORT PROG/CAPITAL IMPROV PROG 100,000
    TIBURON SUNSET ROTARY CLUB FOUNDATION
    PO BOX 236
    TIBURON,CA94920     		NONE   SUPPORT PROGRAMS 25,000
    GLOBAL BOOK EXCHANGE
    852 DEL GANADO RD
    SAN RAFAEL,CA94903     		NONE   SUPPORT PROGRAMS 10,000
    WARM WISHES
    5800 NORTHGATE DR
    SAN RAFAEL,CA94903     		NONE   SUPPORT PROGRAMS 25,000
    BEL-TIB LIBRARY FOUNDATION
    1501 TIBURON BLVD
    TIBURON,CA94920     		NONE   SUPPORT PROGRAMS 50,000
    BOOTS TO BOOKS
    1700 VAN NESS AVE 1363
    SAN FRANCISCO,CA94109     		NONE   SUPPORT PROGRAMS 20,000
    MARIN HOUSING FOR ALL
    4020 CIVIC CENTER DRIVE
    SAN RAFAEL,CA94903     		NONE   SUPPORT PROGRAMS 10,000
    WISDOM INTERNATIONAL
    PO BOX 854
    SAUSALITO,CA94966     		NONE   SUPPORT PROGRAMS 10,000
    Total .................................bullet 3a 250,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		        5,032
    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 ............     		        57,175
    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) ..     146,349
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    146,349
    (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: 21013475
    Software Version: 2021v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    CAROLYN AND PETER FRIEDMAN FOUNDATION
    EIN:
    83-2838067
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    200 SHS CHEVRON 21,421 23,470
    25 SHS EXXON MOBIL CORP 1,688 1,530
    1089 SHS GENERAL ELECTRIC    
    51 SHS JP MORGAN CHASE & CO 4,863 8,076
    853 SHS MERCK & CO, INC 60,168 65,374
    400 SHS MICROSOFT 39,518 134,528
    400 SHS NEXTERA ENERGY INC 17,005 37,344
    200 SHS PROCTOR & GAMBLE 18,025 32,716
    1,236 SHS U.S. BANCORP 55,478 69,426
    250 SHS VERIZON COMMUNICATION 13,565 12,990
    50 SHS WALT DISNEY CO 5,234 7,745
    400 SHS WASTE MANAGEMENT INC 34,686 66,760
    150 SHS WELLS FARGO BANK 6,704 7,197
    250 SHS ADOBE INC. 56,123 141,765
    700 SHS JOHNSON & JOHNSON 89,425 119,749
    300 SHS UNITED HEALTH GRP INC 74,190 150,642
    50 SHS ALPHABET INC CLASS C 51,022 144,680
    700 SHS APPLE INC 26,849 124,299
    1000 SHS AT&T 29,441 24,600
    300 SHS APPLE INC 11,753 53,271
    100 SHS BERKSHIRE HATHAWAY 19,771 29,900
    100 SHS BOEING CO 35,548 20,132
    100 SHS BOEING CO 34,649 20,132
    100 SHS CHEVRON 10,925 11,735
    100 SHS CHEVRON 11,171 11,735
    150 SHS CHEVRON 16,757 17,603
    1000 SHS CORNING INC 29,805 37,230
    40 SHS CORNING INC 1,129 1,489
    460 SHS CORNING INC 12,986 17,126
    100 SHS COSTCO 27,471 56,770
    200 SHS CROWN CASTLE INTL CO REIT 22,810 41,748
    106 SHS DUPONT DE NEMOURS    
    60 SHS DUPONT DE NEMOURS    
    175 SHS EXXON MOBIL 12,100 10,708
    100 SHS EXXON MOBIL 7,194 6,119
    200 SHS EXXON MOBIL 14,400 12,238
    1000 SHS GENERAL ELECTRIC    
    1000 SHS GENERAL ELECTRIC    
    911 SHS GENERAL ELECTRIC    
    1000 SHS GENERAL MOTORS CO 38,559 58,630
    750 SHS HCP INC REIT / HEALTHPEAK    
    100 SHS HOME DEPOT    
    500 SHS INTEL CORP    
    500 SHS INTEL CORP    
    149 SHS JP MORGAN CHASE AND CO 14,547 23,594
    100 SHS JP MORGAN CHASE AND CO 9,968 15,835
    100 SHS JP MORGAN CHASE AND CO 10,349 15,835
    100 SHS MICROSOFT 10,245 33,632
    400 SHS NEXTERA ENERGY 17,221 37,344
    400 SHS NEXTERA ENERGY 17,771 37,344
    2000 SHS NEW RESIDENTIAL INVESTMENT    
    750 SHS NXP SEMICONDUCTORS 58,958 170,835
    500 SHS PFIZER INC 16,414 29,525
    500 SHS POST HOLDINGS INC 53,171 56,365
    100 SHS PROCTOR AND GAMBLE 9,120 16,358
    200 SHS PROCTOR AND GAMBLE 18,896 32,716
    250 SHS PROCTOR AND GAMBLE 25,719 40,895
    100 SHS REALITY INCM CORP REIT 6,270 7,159
    200 SHS REALITY INCM CORP REIT 12,996 14,318
    2000 SHS ROCHE HOLDING AG 64,620 103,380
    100 SHS U.S. BANCORP 4,680 5,617
    250 SHS VERIZON 14,274 12,990
    1000 SHS VERIZON 57,913 51,960
    200 SHS WALT DISNEY CO 22,074 30,978
    100 SHS WALT DISNEY CO 11,206 15,489
    150 SHS WALT DISNEY CO 16,809 23,234
    11.1116 SHS WASHINGTON PRIME GROUP    
    55.5583 SHS WASHINGTON PRIME GROUP    
    55.5583 SHS WASHINGTON PRIME GROUP    
    77.7816 SHS WASHINGTON PRIME GROUP    
    100.005 SHS WASHINGTON PRIME GROUP    
    111.1166 SHS WASHINGTON PRIME GROUP    
    144.4516 SHS WASHINGTON PRIME GROUP    
    555.5833 SHS WASHINGTON PRIME GROUP    
    555.5833 SHS WASHINGTON PRIME GROUP    
    555.5833 SHS WASHINGTON PRIME GROUP    
    100.005 SHS WASHINGTON PRIME GROUP    
    455.5783 SHS WASHINGTON PRIME GROUP    
    100 SHS WASTE MANAGEMENT INC 9,133 16,690
    150 SHS WELLS FARGO AND CO 7,026 7,197
    200 SHS WELLS FARGO AND CO 9,548 9,596
    500 SHS WELLS FARGO AND CO 25,099 23,990
    1000 YUM CHINA HOLDINGS INC 34,230 49,840
    1000 SHS AT&T 29,128 24,600
    500 SHS AT&T 14,118 12,300
    1000 SHS AMTRUST FINLS 7.5%    
    100 SHS AMTRUST FINLS 7.5%    
    100 SHS AMTRUST FINLS 7.5%    
    100 SHS AMTRUST FINLS 7.5%    
    700 SHS AMTRUST FINLS 7.5%    
    1000 ARCHER-DANIELS MIDLAND 43,825 67,590
    1000 SHS ASTRAZENECA PLC 54,870 58,250
    100 SHS BERKSHIRE HATHAWAY 22,376 29,900
    100 SHS BOEING CO 33,170 20,132
    100 SHS BOEING CO 31,563 20,132
    100 SHS COSTCO WHOLESALE CO 31,741 56,770
    500 SHS EMERSON ELECTRIC CO 37,180 46,485
    500 SHS EMERSON ELECTRIC CO 34,908 46,485
    500 SHS EXXON MOBIL 28,567 30,595
    1000 SHS EXXON MOBIL 44,137 61,190
    400 SHS GENUINE PARTS CO 38,523 56,080
    400 SHS GENUINE PARTS CO 38,576 56,080
    500 SHS INTEL CORP    
    1000 SHS KKR & CO    
    500 SHS KNOW LABS INC    
    4500 SHS KNOW LABS INC    
    5000 SHS KNOW LABS INC 7,400 8,488
    500 SHS KNOW LABS INC 610 849
    2300 SHS KNOW LABS INC 2,852 3,904
    1000 SHS KNOW LABS INC 1,250 1,698
    1000 SHS KNOW LABS INC 1,250 1,698
    200 SHS KNOW LABS INC 252 340
    500 SHS MODERNA INC    
    500 SHS MODERNA INC    
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,074
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,074
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,074
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,074
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,074
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,074
    100 SHS NORWEGIAN CRUISE LINE` 2,108 2,074
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,074
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,074
    100 SHS NORWEGIAN CRUISE LINE 2,108 2,074
    1000 SHS NORWEGIAN CRUISE LINE 27,987 20,740
    500 SHS NOVOCURE LTD 40,528 37,540
    1000 SHS OCCIDENTAL PETROL CO 40,909 28,990
    1000 SHS OCCIDENTAL PETROL CO 39,846 28,990
    2000 SHS OCCIDENTAL PETROL CO 27,815 57,980
    500 SHS OCCIDENTAL WARRANTS 2,475 6,305
    1000 SHS PFIZER INC 35,221 59,050
    300 SHS POST HOLDINGS INC 30,744 33,819
    100 SHS POST HOLDINGS INC. 9,077 11,273
    100 SHS POST HOLDINGS INC. 9,077 11,273
    500 SHS SYSCO CORP 41,127 39,275
    500 SHS SYSCO CORP 41,127 39,275
    1000 SHS THE COCA-COLA CO 53,000 59,210
    200 SHS VERIZON 12,037 10,392
    100 SHS VERIZON 6,019 5,196
    155 SHS VERIZON 9,329 8,054
    45 SHS VERIZON 2,709 2,338
    555.5833 SHS WASHINGTON PRIME GROUP    
    555.5833 SHS WASHINGTON PRIME GROUP    
    258.6796 SHS WASHINGTON PRIME GROUP    
    296.9037 SHS WASHINGTON PRIME GROUP    
    555.5833 SHS WASHINGTON PRIME GROUP    
    555.5833 SHS WASHINGTON PRIME GROUP    
    555.5833 SHS WASHINGTON PRIME GROUP    
    555.5833 SHS WASHINGTON PRIME GROUP    
    300 SHS WELLS FARGO & CO 13,969 14,394
    700 SHS WELLS FARGO & CO 16,747 33,586
    100 SHS NETFLIX 48,976 60,244
    500 SHS PFIZER INC 17,255 29,525
    1000 SHS BANK OF AMERICA 34,472 44,490
    1 SHS CLEARBRIDGE ENERGY MIDSTREAM 18 22
    100 SHS CLEARBRIDGE ENERGY MIDSTREAM 1,800 2,184
    100 SHS CLEARBRIDGE ENERGY MIDSTREAM 1,800 2,184
    100 SHS CLEARBRIDGE ENERGY MIDSTREAM 1,800 2,184
    169 SHS CLEARBRIDGE ENERGY MIDSTREAM 3,042 3,691
    200 SHS CLEARBRIDGE ENERGY MIDSTREAM 3,600 4,368
    443 SHS CLEARBRIDGE ENERGY MIDSTREAM 7,974 9,675
    887 SHS CLEARBRIDGE ENERGY MIDSTREAM 15,966 19,372
    500 SHS CORNING INC 19,095 18,615
    100 SHS ENTERPRISE PRODS PART LP 2,237 2,196
    3 SHS EVERBRIDGE INC. 188 202
    6 SHS EVERBRIDGE INC. 377 404
    7 SHS EVERBRIDGE INC. 439 471
    10 SHS EVERBRIDGE INC. 628 673
    14 SHS EVERBRIDGE INC. 879 943
    60 SHS EVERBRIDGE INC. 3,765 4,040
    100 SHS EVERBRIDGE INC. 6,276 6,733
    100 SHS EVERBRIDGE INC. 6,276 6,733
    200 SHS EVERBRIDGE INC. 12,551 13,466
    57 SHS FIRST TRUST MLP AND ENERGY 376 413
    100 SHS FIRST TRUST MLP AND ENERGY 659 725
    100 SHS FIRST TRUST MLP AND ENERGY 659 725
    100 SHS FIRST TRUST MLP AND ENERGY 659 725
    100 SHS FIRST TRUST MLP AND ENERGY 659 725
    100 SHS FIRST TRUST MLP AND ENERGY 659 725
    100 SHS FIRST TRUST MLP AND ENERGY 660 725
    100 SHS FIRST TRUST MLP AND ENERGY 661 725
    243 SHS FIRST TRUST MLP AND ENERGY 1,605 1,762
    300 SHS FIRST TRUST MLP AND ENERGY 1,981 2,175
    400 SHS FIRST TRUST MLP AND ENERGY 2,637 2,900
    400 SHS FIRST TRUST MLP AND ENERGY 2,643 2,900
    2900 SHS FIRST TRUST MLP AND ENERGY 19,149 21,025
    40 SHS INTL FLAVORS & FRAGRANCE 4,235 6,009
    23 SHS INTL FLAVORS & FRAGRANCE 2,692 3,401
    138 SHS INTL FLAVORS & FRAGRANCE 18,905 20,790
    100 SHS INTL FLAVORS & FRAGRANCE 13,308 15,065
    200 SHS INTL FLAVORS & FRAGRANCE 27,890 30,130
    2500 SHS KNOW LABS INC 4,444 4,244
    2500 SHS KNOW LABS INC 4,444 4,244
    100 SHS MODERNA INC 38,744 25,398
    100 SHS MODERNA INC 35,919 25,398
    100 SHS MODERNA INC 38,084 25,398
    200 SHS MODERNA INC 67,700 50,796
    1000 NEWTEK BUSINESS SVCS 26,940 27,630
    100 SHS NORWEGIAN CRUISE LINE 2,730 2,074
    100 SHS NORWEGIAN CRUISE LINE 2,730 2,074
    800 SHS NORWEGIAN CRUISE LINE 21,836 16,592
    1 SHS YUM BRANDS INC. 105 139
    23 SHS YUM BRANDS INC. 2,423 3,194
    30 SHS YUM BRANDS INC. 3,161 4,166
    30 SHS YUM BRANDS INC. 3,161 4,166
    100 SHS YUM BRANDS INC. 10,537 13,886
    100 SHS YUM BRANDS INC. 10,537 13,886
    216 SHS YUM BRANDS INC. 22,758 29,994

    TY 2021 InvestmentsOtherSchedule2
    Name:
    CAROLYN AND PETER FRIEDMAN FOUNDATION
    EIN:
    83-2838067
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CHARLES SCHWAB BANK ACCOUNT AT COST 30,339 30,339
    INVESTMENT IN AMBULANT AT COST 150,000 150,000
    INVESTMENT IN MERIDIO AT COST 50,000 50,000
    250 SHS HCP INC REIT AT COST    
    2120 SHS MATTHEWS ASIA DIVIDEND AT COST 33,856 40,152
    300 SHS REALITY INCM CORP REIT AT COST 18,693 21,477
    300 SHS CROWN CASTLE INTL CO REIT AT COST 31,845 62,622
    100 SHS DIREXION DAILY 20+ YEAR AT COST 6,869 5,446
    900 SHS DIREXION DAILY 20+ YEAR AT COST 61,785 49,014
    1000 SHS DIREXION DAILY 20+ YEAR AT COST 59,260 54,460
    4900 SHS ENTERPRISE PRODS PART LP AT COST 109,662 107,604
    1000 SHS MAGELLAN MIDSTREAM PA LP AT COST 42,180 46,440
    5000 SHS SHELL MIDSTREAM PARTN LP AT COST 57,650 57,600

    TY 2021 OtherExpensesSchedule
    Name:
    CAROLYN AND PETER FRIEDMAN FOUNDATION
    EIN:
    83-2838067
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 90     90
    FEES 44     44
    INSURANCE 2,138     2,138
    INVESTMENT EXPENSE 148     148
    MEALS 150     150
    MISCELLANEOUS 837     837


    TY 2021 OtherIncreasesSchedule
    Name:
    CAROLYN AND PETER FRIEDMAN FOUNDATION
    EIN:
    83-2838067
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Amount
    BOOK ADJMT DUE TO STOCK BASIS ADJMT-SPIN OFF'S 1,175


    TY 2021 TaxesSchedule
    Name:
    CAROLYN AND PETER FRIEDMAN FOUNDATION
    EIN:
    83-2838067
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES-FEDERAL EXCISE 3,228     3,228
    TAXES-STATE ATTORNEY GENERAL 150     150