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
JOSEPH R TAKATS FOUNDATION - CASH
 
Number and street (or P.O. box number if mail is not delivered to street address)1 RIGHTER PKWY 120
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE19803
A Employer identification number

16-1098026
B Telephone number (see instructions)

(212) 276-7988
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$3,276,392J 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      
4 Dividends and interest from securities... 56,739 56,739  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 272,760
b Gross sales price for all assets on line 6a 1,133,021
7 Capital gain net income (from Part IV, line 2)... 272,760
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........ 329,499 329,499  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,090 2,045   2,045
c Other professional fees (attach schedule).... Click to see attachment 54,358 54,358   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,038 416   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 64,486 56,819   2,045
25 Contributions, gifts, grants paid....... 163,850 163,850
26 Total expenses and disbursements. Add lines 24 and 25 228,336 56,819   165,895
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 101,163
b Net investment income (if negative, enter -0-) 272,680
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......... 95,601 74,022 74,022
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) 396,530 Click to see attachment448,587 455,469
b Investments—corporate stock (attach schedule)....... 907,873 Click to see attachment932,446 1,544,890
c Investments—corporate bonds (attach schedule)....... 158,050 Click to see attachment161,749 166,144
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 855,926 Click to see attachment905,939 1,035,867
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) 2,413,980 2,522,743 3,276,392
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 2,596,539 2,596,539
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds -182,559 -73,796
29 Total net assets or fund balances (see instructions)..... 2,413,980 2,522,743
30 Total liabilities and net assets/fund balances (see instructions). 2,413,980 2,522,743
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
2,413,980
2
Enter amount from Part I, line 27a .....................
2
101,163
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
7,600
4
Add lines 1, 2, and 3 ..........................
4
2,522,743
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,522,743
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES - ST P    
b PUBLICLY TRADED SECURITIES - LT P    
c CAPITAL GAINS DIVIDENDS P    
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 334,534   319,138 15,396
b 797,814   541,123 256,691
c 673     673
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       15,396
b       256,691
c       673
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 2 272,760
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 3,790
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 3,790
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 3,663
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 3,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,663
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 2
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 2,871
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet2,871 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)
    bulletNY
    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 ofbulletJOSEPH R TAKATS III Telephone no.bullet (212) 276-7988

    Located atbullet1195 COLVIN BLVDKENMORENY ZIP+4bullet14223
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JOSEPH R TAKATS III TRUSTEE
    1.00     		0 0 0
    1195 COLVIN BLVD
    KENMORE,NY14223
    LEE A TAKATS TRUSTEE
    1.00     		0 0 0
    963 PARKSIDE AVE
    BUFFALO,NY14217
    MAURA LYNN LEAVITT TRUSTEE
    1.00     		0 0 0
    6004 NORTH 4TH ST
    ARLINGTON,VA22202
    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
    3,223,473
    b
    Average of monthly cash balances.......................
    1b
    74,485
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,297,958
    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
    3,297,958
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    49,469
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    3,248,489
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    162,424
    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
    162,424
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    3,790
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,790
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    158,634
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    158,634
    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
    158,634
    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 7 158,634
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019...... 5,891
    e From 2020...... 26,972
    f Total of lines 3a through e ........ 32,863
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 165,895
    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..... 158,634
    e Remaining amount distributed out of corpus 7,261
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 40,124
    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 ......     		40,124
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019.... 5,891
    d Excess from 2020.... 26,972
    e Excess from 2021.... 7,261
    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
    AHIRA HALL MEMORIAL LIBRARY
    37 WEST MAIN STREET
    BROCKTON,NY14716     		NONE PC GENERAL SUPPORT 1,000
    ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION OF WNY
    2805 WEHRLE DRIVE STE 6
    WILLIAMSVILLE,NY14221     		NONE PC GENERAL SUPPORT 1,000
    AMERICAN CANCER SOCIETY
    101 JOHN JAMES AUDOBON PARKWAY
    WEST AMHERST,NY14228     		NONE PC GENERAL SUPPORT 1,000
    AMERICAN DIABETES ASSOCIATION OF WNY
    4955 N BAILEY AVE STE 217
    AMHERST,NY14226     		NONE PC GENERAL SUPPORT 1,000
    AMERICAN HEART ASSOCIATION OF WNY
    5488 SHERIDAN DR 300
    WILLIAMSVILLE,NY14221     		NONE PC GENERAL SUPPORT 2,000
    AMERICAN LUNG ASSOCIATION OF WESTERN NY INC
    210 JOHN GLENN DR 3
    BUFFALO,NY14228     		NONE PC GENERAL SUPPORT 850
    AMERICAN RED CROSS
    786 DELAWARE AVENUE
    BUFFALO,NY14209     		NONE PC GENERAL SUPPORT 1,000
    ANTARCTICA PROJECT (NAME RECENTLY CHANGED TO ASOC)
    1630 CONNECTICUT AVE NW 300
    WASHINGTON,DC20009     		NONE PC GENERAL SUPPORT 500
    ARTA
    4444 38TH ST N
    ARLINGTON,VA222074550     		NONE PC GENERAL SUPPORT 1,000
    BOYS AND GIRLS CLUB OF AMERICA
    55 EAST BENTON STREET
    DUNKIRK,NY14048     		NONE PC GENERAL SUPPORT 500
    BOYSTOWN (FATHER FLANAGANS)
    14100 CRAWFORD STREET
    BOYSTOWN,NE68010     		NONE PC GENERAL SUPPORT 1,000
    BREAST CANCER FUND
    1388 SUTTER STREET
    SAN FRANCISCO,CA94109     		NONE PC GENERAL SUPPORT 1,000
    BUFFALO & ERIE HISTORICAL SOCIETY ENDOWMENT
    25 NOTTINGHAM COURT
    BUFFALO,NY14216     		NONE PC GENERAL SUPPORT 1,800
    BUFFALO ARTS STUDIO
    2495 MAIN ST STE 500
    BUFFALO,NY14214     		NONE PC GENERAL SUPPORT 500
    BUFFALO CAN ANIMAL PATRY
    201 NORWALK
    BUFFALO,NY14216     		NONE PC GENERAL SUPPORT 1,000
    BUFFALO CITY MISSION
    100 EAST TUPPER STREET
    BUFFALO,NY14203     		NONE PC GENERAL SUPPORT 1,500
    BUFFALO FINE ARTS ACADEMY
    ALBRIGHT KNOX ART GALLERY
    BUFFALO,NY142163199     		NONE PC GENERAL SUPPORT 850
    BUFFALO MARITIME CENTER
    90 ARTHUR STREET
    BUFFALO,NY14207     		NONE PC GENERAL SUPPORT 500
    BUFFALO MUSEUM OF SCIENCE
    1020 HUMBOLDT PARKWAY
    BUFFALO,NY14211     		NONE PC GENERAL SUPPORT 850
    BUFFALO OLMSTED PARKS CONSERVANCY
    84 PARKSIDE AVE
    BUFFALO,NY14214     		NONE PC GENERAL SUPPORT 1,000
    BUFFALO PHILHARMONIC ORCHESTRA
    786 DELAWARE AVE
    BUFFALO,NY14209     		NONE PC GENERAL SUPPORT 4,000
    BUFFALO SEMINARY
    205 BIDWELL PKWY
    BUFFALO,NY14222     		NONE PC GENERAL SUPPORT 1,500
    BUFFALO STATE COLLEGE FOUNDATION - DR MARY MURDOCK ENDOWED SCHOLARSHIP
    1300 ELMWOOD AVENUE
    BUFFALO,NY14222     		NONE PC GENERAL SUPPORT 1,000
    BUFFALO STATE COLLEGE FOUNDATION - HERMINA TAKATS ENDOWED SCHOLARSHIP
    1300 ELMWOOD AVENUE
    BUFFALO,NY14222     		NONE PC GENERAL SUPPORT 5,000
    BUFFALO STATE COLLEGE FOUNDATION - PARNES - NOLLER ENDOWED SCHOLARSHIP
    1300 ELMWOOD AVENUE
    BUFFALO,NY14222     		NONE PC GENERAL SUPPORT 1,000
    BUFFALO ZOO
    300 PARKSIDE AVENUE
    BUFFALO,NY14214     		NONE PC GENERAL SUPPORT 1,000
    BUFFALO ZOOLOGICAL GARDENS
    300 PARKSIDE AVENUE
    BUFFALO,NY14214     		NONE PC GENERAL SUPPORT 1,200
    CAMP GOOD DAYS & SPECIAL TIMES INC
    6430 TRANSIT RD SUITE 200
    DEPEW,NY14043     		NONE PC GENERAL SUPPORT 1,200
    CARLY'S CROSSING
    ROSWELL PARK CANCER IN ELM CARLTON
    STREET
    BUFFALO,NY14263     		NONE PC GENERAL SUPPORT 500
    CATHOLIC CHARITIES
    525 WASHINGTON STREET
    BUFFALO,NY14203     		NONE PC GENERAL SUPPORT 750
    CEPA
    617 MAIN STREET SUITE 201
    BUFFALO,NY14203     		NONE PC GENERAL SUPPORT 500
    CHAUTAUQUA COUNTY FALLEN HEROES FUND
    212 LAKE SHORE DRIVE WEST
    DUNKIRK,NY14048     		NONE PC GENERAL SUPPORT 750
    CHAUTAUQUA COUNTY HISTORICAL SOCIETY
    15 EAST MAIN ST
    WESTFIELD,NY14787     		NONE PC GENERAL SUPPORT 750
    CHAUTAUQUA COUNTY HUMANE SOCIETY
    2825 STRUNK ROAD
    JAMESTOWN,NY14701     		NONE PC GENERAL SUPPORT 1,000
    CHAUTAUQUA RAILS AND TRAILS
    PO BOX 151
    MAYVILLE,NY14757     		NONE PC GENERAL SUPPORT 1,000
    CHAUTAUQUA WATERSHED CONSERVANCY
    PO BOX 45 71 EAST FAIRMOUNT AVE
    LAKEWOOD,NY14750     		NONE PC GENERAL SUPPORT 750
    CHILDREN'S HOSPITAL FOUNDATION OF BUFFALO
    219 BRYANT ST
    BUFFALO,NY14222     		NONE PC GENERAL SUPPORT 2,500
    CHILDREN'S HUNGER RELIEF FUND
    PO BOX 96012
    WASHINGTON,DC20090     		NONE PC GENERAL SUPPORT 2,600
    CHRON'S & COLITIS FOUNDATION OF AMERICA
    386 PARK AVE S 17TH FLOOR
    NEW YORK,NY100168801     		NONE PC GENERAL SUPPORT 1,000
    CLEARWATER MARINE AQUARIUM
    249 WINWOOD PASSAGE
    CLEARWATER,FL33767     		NONE PC GENERAL SUPPORT 500
    CROSSNORE SCHOOL
    PO BOX 249
    CROSSNORE,NC28616     		NONE PC GENERAL SUPPORT 400
    DIOCESE OF BUFFALO NY
    795 MAIN ST
    BUFFALO,NY142031250     		NONE PC GENERAL SUPPORT 400
    DISABLED AMERICAN VETERANS
    3725 ALEXANDRIA PIKE
    SPRING,KY41076     		NONE PC GENERAL SUPPORT 2,000
    DOCTORS WITHOUT BORDERS
    66 CANAL CENTRAL PLAZA SUITE 130
    ALEXANDRIA,VA22314     		NONE PC GENERAL SUPPORT 800
    EASTER SEALS OF NY
    230 WASHINGTON AVE EXTENSION
    ALBANY,NY12203     		NONE PC GENERAL SUPPORT 50
    ELMIRA COLLEGE
    ONE PARK PLACE
    ELMIRA,NY14901     		NONE PC GENERAL SUPPORT 2,000
    ERIE COUNTY SPCA
    205 ENSMINGER ROAD
    TONAWANDA,NY14150     		NONE PC GENERAL SUPPORT 1,400
    F-BITES
    1 SYMPHONY CIRCLE
    BUFFALO,NY14214     		NONE PC GENERAL SUPPORT 500
    FEEDING AMERICA
    DONATION PROCESSING CTR PO BOX
    96749
    WASHINGTON,DC20090     		NONE PC GENERAL SUPPORT 2,500
    FISH & WILDLIFE FOUNDATION OF FLORIDA
    6205 MERIDIAN STREET
    TALLAHASSEE,FL32302     		NONE PC GENERAL SUPPORT 800
    FOOD BANK OF WNY
    91 HOLT STREET
    BUFFALO,NY14206     		NONE PC GENERAL SUPPORT 2,000
    FOOD FOR OTHERS
    2938 PROSPERITY AVE
    FAIRFAX,VA22031     		NONE PC GENERAL SUPPORT 1,600
    FRANCISCAN MISSIONS INC
    PO BOX 130
    WATERFORD,WI53185     		NONE PC GENERAL SUPPORT 600
    FRANKLIN & MARSHAL COLLEGE
    PO BOX 3003
    LANCASTER,PA176043003     		NONE PC GENERAL SUPPORT 5,000
    GETZVILLE FIRE COMPANY
    630 DODGE ROAD
    GETZVILLE,NY14068     		NONE PC GENERAL SUPPORT 500
    GRAND ISLAND FIRE DEPARTMENT
    2275 BASELINE ROAD
    GRAND ISLAND,NY14072     		NONE PC GENERAL SUPPORT 500
    GREYSTONE NATURE PRESERVE
    8531 BEAR LAKE ROAD
    FREDONIA,NY14063     		NONE PC GENERAL SUPPORT 1,000
    HABITAT FOR HUMANITY
    322 W LAMAR STREET
    AMERICUS,GA31709     		NONE PC GENERAL SUPPORT 1,000
    HEBREW HOME OF GREATER WASHINGTON
    6121 MONTROSE ROAD
    ROCKVILLE,MD20852     		NONE PC GENERAL SUPPORT 1,000
    HOPE FOR CATS
    PO BOX 243
    BOSTON,NY14110     		NONE PC GENERAL SUPPORT 750
    HOSPICE CHAUTAUQUA COUNTY
    20 WEST FAIRMONT AVENUE
    LAKEWOOD,NY14750     		NONE PC GENERAL SUPPORT 750
    HOSPICE FOUNDATION OF WNY
    225 COMO PARK BOULEVARD
    BUFFALO,NY14227     		NONE PC GENERAL SUPPORT 1,700
    JAMES R RYAN PARAMEDIC FOUNDATION
    1835 SHERIDAN DRIVE
    BUFFALO,NY14223     		NONE PC GENERAL SUPPORT 1,000
    JEWISH SOCIAL SERVICE AGENCY
    6123 MONTROSE ROAD
    ROCKVILLE,MD20852     		NONE PC GENERAL SUPPORT 1,000
    KANSAS CITY UNIVERSITY OF MEDICAL AND BIOSCIENCES
    1750 INDEPENDENCE AVE
    KANSAS CITY,MO64106     		NONE PC GENERAL SUPPORT 14,000
    KENMORE WEST ALUMNI SCHOLARSHIP FOUNDATION INC
    33 HIGHLAND PKWY
    BUFFALO,NY14223     		NONE PC GENERAL SUPPORT 1,000
    KENTON MEALS ON WHEELS
    169 SHERIDAN PARKSIDE DRIVE
    TONAWANDA,NY14150     		NONE PC GENERAL SUPPORT 1,000
    MADD
    511 EAST JOHN CARPENTER PARKWAY
    IRVING,TX75062     		NONE PC GENERAL SUPPORT 1,000
    MAKE A WISH FOUNDATION OF WNY
    3901 GENESSAGE ST SUITE 110
    BUFFALO,NY14225     		NONE PC GENERAL SUPPORT 1,500
    MARCH OF DIMES
    PO BOX 1794
    NORFOLK,VA23501     		NONE PC GENERAL SUPPORT 500
    MARINE TOYS FOR TOTS FOUNDATION
    18251 QUANTICO GATEWAY DRIVE
    TRIANBLE,VA22172     		NONE PC GENERAL SUPPORT 500
    MARION THERAPEUTIC RIDING ASSN
    6850 SE 41ST COURT
    OCALA,FL34480     		NONE PC GENERAL SUPPORT 600
    MEALS ON WHELLS FOUNDATION OF WNY
    100 JAMES E CASEY DRIVE
    BUFFALO,NY14266     		NONE PC GENERAL SUPPORT 900
    MESSINGER WOODS WILDLIFE CARE AND EDUCATION CENTER INC
    PO BOX 508
    ORCHARD PARK,NY14127     		NONE PC GENERAL SUPPORT 500
    MIRACLE FLIGHTS FOR KIDS
    5740 SOUTH EASTERN AVE
    VEGAS,NV89119     		NONE PC GENERAL SUPPORT 500
    MSAA
    706 HADDONFIELD ROAD
    CHERRY HILL,NJ12603     		NONE PC GENERAL SUPPORT 800
    NARDIN ACADEMY
    135 CLEVELAND AVENUE
    BUFFALO,NY14222     		NONE PC GENERAL SUPPORT 1,000
    NATIONAL FOUNDATION FOR TRANSPLANTS
    3249 W SARAZANS CIR
    MEMPHIS,TN38125     		NONE PC GENERAL SUPPORT 400
    NATIONAL HERITAGE TRUST (ALLEGANY REGION)
    MIDWAY STATE PARK
    BEMUS POINT,NY14712     		NONE PC GENERAL SUPPORT 250
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    4245 UNION RD SUITE 108
    BUFFALO,NY14225     		NONE PC GENERAL SUPPORT 1,000
    NATURE CONSERVANCY
    4245 N FAIRFAX SUITE 100
    ARLINGTON,VA22203     		NONE PC GENERAL SUPPORT 500
    NATURE SANCTUARY SOCIETY OF WESTERN NEW YORK INC
    PO BOX 828
    WEST SENECA,NY14224     		NONE PC GENERAL SUPPORT 750
    NCCF FOR CHILDREN'S LOVE FUND
    212 LAKE SHORE DRIVE WEST
    DUNKIRK,NY14048     		NONE PC GENERAL SUPPORT 750
    NCCF FOR FIX YOUR FELINE FUND
    212 LAKE SHORE DRIVE WEST
    DUNKIRK,NY14048     		NONE PC GENERAL SUPPORT 1,000
    NCCF FOR LITERACY VOLUNTEERS ENDOWMENT FUND
    212 LAKE SHORE DRIVE WEST
    DUNKIRK,NY14048     		NONE PC GENERAL SUPPORT 750
    NET POSITIVE INC (THE FOUNDRY)
    298 NORTHAMPTON ST
    BUFFALO,NY14208     		NONE PC GENERAL SUPPORT 1,000
    NEW COVENANT UMC
    3470 WOODBRIDGE DRIVE
    THE VILLAGES,FL32162     		NONE PC GENERAL SUPPORT 2,000
    NIAGARA HOSPICE
    4675 SUNSET DRIVE
    LOCKPORT,NY14094     		NONE PC GENERAL SUPPORT 750
    NIAGARA UNIVERSITY
    PO BOX 2008
    UNIVERSITY,NY14109     		NONE PC GENERAL SUPPORT 500
    NICHOLS SCHOOL
    1250 AMHERST ST
    BUFFALO,NY14216     		NONE PC GENERAL SUPPORT 2,500
    OLMSTED CENTER FOR SIGHT
    1170 MAIN ST
    BUFFALO,NY14209     		NONE PC GENERAL SUPPORT 500
    OPERATION PET SPAYNEUTER CLINIC OF WNY
    3443 SOUTH PARK AVE
    BLASDELL,NY14219     		NONE PC GENERAL SUPPORT 450
    ORCHARD PARK FIRE DISTRICT EMS
    4222 SOUTH TAYLOR ROAD
    PARK,NY14127     		NONE PC GENERAL SUPPORT 1,000
    PATTERSON LIBRARY
    40 S PORTAGE STREET
    WESTFIELD,NY14787     		NONE PC GENERAL SUPPORT 1,000
    PEOPLE INC FOUNDATION
    1219 N FOREST
    WILLIAMSVILLE,NY14221     		NONE PC GENERAL SUPPORT 500
    PHI KAPPA PSI FOUNDATION
    5395 EMERSON WAY
    INDIANAPOLIS,IN46226     		NONE PC GENERAL SUPPORT 900
    PLATTSBURG COLLEGE FOUNDATION INC
    201 BROAD ST HAWKINS HALL RM 107
    PLATTSBURG,NY12901     		NONE PC GENERAL SUPPORT 1,000
    PORTLAND VOLUNTEER FIRE DEPARTMENT
    PO BOX 229
    PORTLAND,NY14769     		NONE PC GENERAL SUPPORT 1,000
    RENSSLAER NEWMAN FOUNDATION
    110 8TH ST
    TROY,NY12180     		NONE PC GENERAL SUPPORT 750
    RENSSLAER POLYTECHNIC INSTITUTE
    110 8TH ST
    TROY,NY12180     		NONE PC GENERAL SUPPORT 4,000
    RMHC OF WNY INC
    780 WEST FERRY ST
    BUFFALO,NY14222     		NONE PC GENERAL SUPPORT 750
    ROSWELL PARK ALLIANCE FOUNDATION
    ELM CARLTON STREETS
    BUFFALO,NY14263     		NONE PC GENERAL SUPPORT 4,000
    SALVATION ARMY
    960 MAIN STREET
    BUFFALO,NY14202     		NONE PC GENERAL SUPPORT 1,000
    SEEING EYE INC
    10 WASHINGTON VALLEY ROAD PO BOX
    375
    MORRISTOWN,NJ079630375     		NONE PC GENERAL SUPPORT 700
    SMILE TRAIN
    P O BOX 96231
    WASHINGTON,DC20090     		NONE PC GENERAL SUPPORT 700
    SNYDER FIRE DEPT
    4531 MAIN STREET
    SNYDER,NY14226     		NONE PC GENERAL SUPPORT 500
    SOUTHERN POVERTY LAW CENTER
    400 WASHINGTON AVENUE
    MONTGOMERY,AL36104     		NONE PC GENERAL SUPPORT 400
    SPCA OF SUMTER COUNTY
    994 CR 529 A
    LAKE PANASOFFKEE,FL33538     		NONE PC GENERAL SUPPORT 1,000
    SPECIAL OLYMPICS OF FLORIDA
    1915 DON WICKHAM DRIVE
    CLERMONT,FL34711     		NONE PC GENERAL SUPPORT 700
    ST JOSEPHS COLLEGIATE INSTITUTE
    845 KENMORE AVE
    KENMORE,NY14223     		NONE PC GENERAL SUPPORT 1,250
    ST JOSEPHS ELEMENTARY SCHOOL
    3275 MAIN STREET
    BUFFALO,NY14214     		NONE PC GENERAL SUPPORT 500
    ST MARK SCHOOL
    399 WOODWARD
    BUFFALO,NY14214     		NONE PC GENERAL SUPPORT 750
    ST MARY'S SCHOOL FOUNDATION
    2253 MAIN STREET
    BUFFALO,NY14214     		NONE PC GENERAL SUPPORT 500
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    PO BOX 50
    MEMPHIS,TN381019929     		NONE PC GENERAL SUPPORT 200
    ST JUDE'S RESEARCH HOSPITAL
    PO BOX 3704
    MEMPHIS,TN381730704     		NONE PC GENERAL SUPPORT 2,000
    ST MARK'S EPISCOPAL CHURCH
    PAYNE AND TREMONT STREETS
    NORTH TONAWANDA,NY14120     		NONE PC GENERAL SUPPORT 2,500
    SUSAN B ANTHONY HOUSE
    17 MADISON STREET
    ROCHESTER,NY146081928     		NONE PC GENERAL SUPPORT 500
    TEMPLE BETH ZION
    805 DELAWARE AVENUE
    BUFFALO,NY14209     		NONE PC GENERAL SUPPORT 1,500
    TEN LIVES CLUB
    PO BOX 253
    BOSTON,NY14110     		NONE PC GENERAL SUPPORT 1,000
    THE KEVIN GUEST HOUSE
    782 ELLICOT STREET
    BUFFALO,NY14203     		NONE PC GENERAL SUPPORT 400
    TRI-CHURCH PARISH
    PO BOX R 41 EAST MAIN STREET
    BROCTON,NY14716     		NONE PC GENERAL SUPPORT 750
    TUTORS FOR KIDS INC
    2085 175TH LOOP
    SUMMERFIELD,FL34491     		NONE PC GENERAL SUPPORT 1,500
    UNCROWNED QUEENS
    984 PARKSIDE AVE
    BUFFALO,NY14216     		NONE PC GENERAL SUPPORT 300
    UNION RELIEF ASSOC OF WESTFIELD
    PO BOX 454
    WESTFIELD,NY14787     		NONE PC GENERAL SUPPORT 750
    UNIVERSITY OF MISSOURIKANSAS CITY
    5100 ROCKHILL ROAD
    KANSAS CITY,MO641102499     		NONE PC GENERAL SUPPORT 4,000
    US FUND FOR UNICEF
    PO BOX 27780
    NEWARK,NJ07101     		NONE PC GENERAL SUPPORT 2,500
    WENDELVILLE VOLUNTEER FIRE COMPANY
    7340 CAMPBELL BLVD
    NORTH TONAWANDA,NY142141999     		NONE PC GENERAL SUPPORT 500
    WESTFIELD COMMUNITY KITCHEN
    101 EAST MAIN STREET
    WESTFIELD,NY14787     		NONE PC GENERAL SUPPORT 750
    WESTFIELD STRAY CAT CLINIC
    59 EAST MAIN STREET
    WESTFIELD,NY14787     		NONE PC GENERAL SUPPORT 1,000
    WILDWOOD ELEMENTARY SCHOOL
    300 HUEY ST
    WILDWOOD,FL34785     		NONE PC GENERAL SUPPORT 1,000
    WNED
    PO BOX 806
    BUFFALO,NY14240     		NONE PC GENERAL SUPPORT 2,000
    WNY LAND CONSERVANCY
    PO BOX 471
    AURORA,NY14052     		NONE PC GENERAL SUPPORT 1,000
    WOUNDED WARRIOR PROJECT
    4899 BELFORT ROAD SUITE 300
    JACKSONVILLE,FL32256     		NONE PC GENERAL SUPPORT 300
    YMCA PARTNER WITH YOUTH
    2564 DELAWARE AVENUE
    BUFFALO,NY14216     		NONE PC GENERAL SUPPORT 1,000
    YWCA OF WESTFIELD
    58 SOUTH PORTAGE STREET
    WESTFIELD,NY14787     		NONE PC GENERAL SUPPORT 1,000
    Total .................................bullet 3a 163,850
    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 ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 272,760  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 329,499 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    329,499
    (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:
    JOSEPH R TAKATS FOUNDATION - CASH
    EIN:
    16-1098026
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,090 2,045   2,045

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    JOSEPH R TAKATS FOUNDATION - CASH
    EIN:
    16-1098026
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ANHEUSER-BUSCH INBEV WLDW I 3.5% 12,351 12,068
    APPLE INC 3% 9,514 9,677
    BANK AMER CORP 3.248% 19,829 21,301
    BERKSHIRE HATHAWAY INC DEL 3.125% 9,015 9,637
    CITI GROUP INC 2.35% 12,452 12,076
    CVS CAREMARK CORP 2.75% 22,035 22,306
    ENTERPRISE PRODS OPER LLC 3.75% 12,019 12,755
    EXXON MOBIL CORPORATION 3.176% 9,106 9,406
    GILEAD SCIENCES INC 3.5% 9,127 9,518
    JP MORGAN CHASE 3.625% 11,333 11,641
    THE GOLDMAN SACHS GROUP INC 2.6% 12,002 11,762
    TORONTO DOMINION BANK 3.25% 11,018 11,497
    VERIZON COMMUNICATIONS 3.625% 11,948 12,500

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    JOSEPH R TAKATS FOUNDATION - CASH
    EIN:
    16-1098026
    Name of Stock End of Year Book Value End of Year Fair Market Value
    10X GENOMICS INC 1,281 2,234
    ABBOTT LABS 3,941 8,444
    ABBVIE INC 6,148 9,749
    ABOIMED INC 2,282 4,310
    ACI WORLDWIDE IN 1,230 1,839
    ADOBE SYSTEMS INC 1,352 8,506
    AERCAP HOLDINGS NV 6,112 6,084
    AGILON HEALTH INC 2,394 2,376
    AIR PRODS & CHEMS INC 3,608 6,998
    AIRBNB INC 4,317 4,662
    ALIGN TECHNOLOGY INC 2,019 5,915
    ALLEGHANY CORP 4,303 6,008
    ALLISON TRANSMISSION HOLDING 3,991 3,453
    ALLSTATE CORP 1,385 1,765
    ALNYLAM PHARMACEUTICALS INC 236 848
    ALPHABET INC CL A 5,116 14,485
    AMAZON COM INC 769 6,669
    AMERIPRISE FINANCIAL INC. 9,916 17,496
    AMICUS THERAPEUTICS INC 3,423 2,784
    AMPHENOL CORP NEW 1,800 5,335
    ANTHEM INC 1,423 2,781
    APPLE COMPUTER INC 4,170 20,421
    APTARGROUP INC 5,358 4,532
    ARES MANAGEMENT CORPORATION 2,603 2,844
    ARGENX SE 1,090 2,451
    ARISTA NETWORKS INC. 2,792 6,900
    ARMSTRONG WORLD INDUSTRIES INC 3,070 7,664
    ARROWHEAD PHARMACEUTICALS INC 929 4,508
    ATMOS ENERGY CORP 5,706 5,762
    ATRICURE INC 2,127 3,268
    AUTOMATIC DATA PROCESSING INC 2,904 5,425
    AVIENT CORPORATION 1,940 2,294
    BALL CORP 3,663 5,872
    BANK AMERICA CORP 1,638 2,981
    BAUSCH HEALTH COS INC 3,266 4,418
    BEIGENE LTD 1,476 2,438
    BERRY PLASTICS GROUP INC 2,796 4,796
    BEST BUY COMPANY INC 7,581 7,315
    BILL COM HLDGS INC 5,318 4,734
    BIOMARIN PHARMACEUTICAL INC 5,071 5,301
    BLACK KNIGHT INC 4,431 5,802
    BLACKLINE INC 1,709 2,278
    BLACKROCK INC 4,857 9,156
    BLACKSTONE GROUP INC 263 1,035
    BLOOM ENERGY CORP 1,851 1,798
    BOOKING HLDGS INC 3,746 7,198
    BROADCOM INC 6,009 14,639
    BROWN & BROWN INC 1,853 2,390
    BROWN FORMAN CORP CL B 2,098 3,862
    CARMAX INC 6,918 12,111
    CARVANA CO 1,295 4,172
    CELANESE CORP-A 1,499 2,521
    CHAMPIONX CORPORATION 3,250 3,375
    CHEMED CORP 1,367 1,587
    CHEVRON CORPORATION 10,416 13,143
    CHEWY INC 6,680 4,953
    CHURCHILL DOWNS INC 5,534 5,782
    CINCINNATI FINL CORP 4,354 7,519
    CINTAS CORP 1,107 2,659
    CISCO SYS INC 5,673 9,886
    CITIGROUP INC 2,736 3,020
    CITIZENS FINANCIAL GROUP 2,570 4,914
    CITRIX SYS INC 3,500 4,257
    CLOUDFLARE INC 6,209 11,835
    COGNEX CORP 1,758 2,799
    COINBASE GLOBAL INC 3,797 3,533
    COMCAST CORP-CL A 4,838 5,687
    COPART INC 1,578 9,855
    CORNING INC 2,033 1,899
    COSTAR GROUP INC. 4,733 5,453
    COSTCO WHOLESALE CORP NEW 13,082 21,573
    CROWDSTRIKE HLDGS INC 2,495 2,457
    CROWN CASTLE INTL CORP NEW 4,363 8,141
    D T E ENERGY COMPANY 2,026 2,391
    DANAHER CORP 8,425 22,044
    DATADOG INC 4,025 7,481
    DECKERS OUTDOOR CORP 4,021 4,396
    DEVON ENERGY CORPORATION NEW 3,754 6,652
    DEXCOM 285 2,685
    DICK'S SPORTING GOODS INC 1,031 2,875
    DOCUSIGN INC 4,293 3,503
    DOLBY LABORATORIES INC-CL A 1,656 3,618
    DOLLAR GENERAL CORP 1,354 1,651
    DOLLAR TREE INC 4,002 7,026
    DOMINOS PIZZA INC 10,272 15,237
    DOORDASH INC 11,276 9,232
    DOXIMITY INC 1,160 902
    EATON CORP PLC 2,212 3,629
    EDWARDS LIFESCIENCES CORP 4,511 8,939
    EMCOR GROUP INC 1,660 3,567
    ENPHASE ENERGY INC 2,563 3,293
    ENTEGRIS INC 2,889 16,214
    EOG RES INC 1,292 1,599
    ETSY INC 1,242 6,130
    EVERSOURCE ENERGY 1,395 1,638
    EXACT SCIENCES CORP 3,520 3,814
    EXELIXIS INC 3,712 3,181
    FASTLY INC 1,989 780
    FERRARI N V 10,320 13,459
    FIRST REPUBLIC BANK 5,358 10,945
    FNF GROUP 848 1,983
    FORTINET INC 768 7,907
    FORTUNE BRANDS HOME & SECURITY INC 1,179 2,352
    GINKGO BIOWORKS HOLDINGS INC 672 432
    GLOBAL PMTS INC 1,730 1,217
    GODADDY INC 2,577 3,055
    GOODRX HLDGS INC 1,043 915
    GRAB HOLDINGS LIMITED 1,032 977
    GRACO INC 1,454 2,741
    GUARDANT HEALTH INC 2,489 3,401
    HAEMONETICS CORP MASS 3,656 1,538
    HASBRO INC 2,297 3,868
    HDFC BK LTD SPONS ADR 10,549 13,079
    HOME DEPOT INC 7,005 17,015
    HONEYWELL INTL INC 2,239 3,545
    HYATT HOTELS CORP - CL A 3,459 5,466
    ICON PLC (IRELAND) 1,480 2,168
    ILLINOIS TOOL WKS INC 1,352 3,208
    ILLUMINA INC 2,193 4,565
    INARI MED INC 1,531 2,008
    INSPERITY INC 2,799 3,425
    INTUIT 3,803 9,005
    INVESCO LIMITED 4,184 4,029
    IRHYTHM TECHNOLOGIES INC 2,945 5,178
    J P MORGAN CHASE & CO 17,045 30,562
    JACK HENRY & ASSOC INC 1,727 2,171
    JACOBS ENGR GROUP INC 2,269 2,367
    JOHNSON & JOHNSON 2,419 3,421
    KINSALE CAP GROUP INC 1,594 2,141
    L3HARRIS TECHNOLOGIES INC 2,440 2,985
    LAMB WESTON HLDGS INC 6,403 6,148
    LAUDER ESTEE COS CL-A 6,757 15,548
    LEIDOS HOLDINGS INC 1,618 1,600
    LENNAR CORP 459 1,278
    LILLY ELI & CO 3,531 7,458
    LITHIA MOTORS INC-CLASS A 2,285 2,376
    LOCKHEED MARTIN CORP 4,569 5,687
    LULULEMON ATHLETICA INC 3,496 7,046
    LVMH MOET HENNESSY LOUIS - ADR 8,402 17,362
    M & T BK CORP 4,556 5,682
    M D C HOLDINGS INC 1,655 1,675
    MARSH & MCLENNAN COS INC 2,190 4,867
    MASTERCARD INC-A 4,077 11,139
    MATCH GROUP INC NEW 7,640 7,671
    MC DONALD'S CORPORATION 7,883 11,527
    MEDTRONIC PLC 4,056 4,552
    MERCADOLIBRE INC 4,700 5,394
    MERCK & CO INC 9,087 9,273
    META PLATFORMS INC CL A (FB) 2,205 8,745
    MGM RESORTS INTERNATIONAL 2,370 5,071
    MICROSOFT CORP 13,613 48,430
    MODERNA INC 528 1,270
    MOELIS & CO 2,933 6,314
    MOHAWK INDUSTRIESINC 1,776 3,826
    MOLINA HEALTHCARE INC 2,001 4,771
    MONDELEZ INTERNATIONAL INC 5,463 6,896
    MONGODB INC 2,256 5,823
    MORGAN STANLEY 2,435 3,239
    MOSAIC CO/THE 2,026 4,400
    MSCI INC 3,612 9,190
    NEUROCRINE BIOSCIENCES INC 3,111 2,470
    NEW YORK TIMES CO CLASS 2,697 3,719
    NEWMARKET CORP 5,566 4,113
    NEXTERA ENERGY 9,782 21,193
    NIKE INC CLASS B 2,954 8,334
    NORDSON CORP 1,106 3,829
    NORFOLK SOUTHERN CORP 3,115 5,359
    NOVOCURE LTD 1,627 1,652
    NVIDIA CORP 1,616 8,823
    OKTA INC 884 2,018
    OLD DOMINION FGHT LINE INC 971 6,451
    ONEOK INC NEW 1,374 1,880
    OTIS WORLDWIDE CORP 5,617 7,314
    OUTSET MED INC 1,475 1,429
    PACKAGING CORP OF AMERICA 2,335 2,451
    PAYCHEX INC 2,264 5,051
    PAYPAL HLDGS INC 3,021 6,035
    PEPSICO INC 4,053 6,427
    PERRIGO CO LTD 4,369 3,618
    PHILLIPS 66 3,272 2,609
    PINTEREST INC 4,224 2,326
    PJSC LUKOIL ADR 3,457 4,380
    PLANET FITNESS INC 5,917 7,518
    PNC FINANCIAL SERVICES GROUP 2,985 4,812
    POST HOLDINGS INC 5,993 7,891
    POWER INTEGRATIONS INC 792 2,787
    PROCTER & GAMBLE CO 7,950 10,633
    PROGRESSIVE CORP OHIO 2,894 2,977
    PROLOGIS INC 3,530 7,071
    PUBMATIC INC 3,212 2,894
    QUALCOMM INC 3,456 5,303
    QUANTA SERVICES INCORPORATED 2,919 2,752
    RAYTHEON TECHNOLOGIES CORP 834 1,033
    REALTY INCOME CORP REIT 3,020 3,580
    REGAL BELOIT CORP 1,953 2,212
    RH 2,059 2,144
    RINGCENTRAL INC-CLASS A 7,040 4,684
    RITCHIE BROS AUCTIONEERS INC 1,294 1,224
    RIVIAN AUTOMOTIVE INC 1,108 1,037
    ROBLOX CORP 7,478 9,697
    ROYAL GOLD INC 1,507 1,578
    ROYALTY PHARMA PLC 6,481 5,539
    S&P GLOBAL INC 1,979 2,832
    SALESFORCE.COM 1,273 5,337
    SAREPTA THERAPEUTICS INC 2,189 1,801
    SBA COMMUNICATIONS CORP NEW 2,492 3,112
    SEA LTD 3,144 2,908
    SEMPRA ENERGY 3,583 4,101
    SEMTECH CORP 1,346 2,312
    SENSATA TECHNOLOGIES HLDNG PLC 3,191 4,072
    SERVICENOW INC. 920 9,737
    SHOCKWAVE MED INC 1,853 3,388
    SHOPIFY INC-CLASS A 1,815 11,019
    SKYWORKS SOLUTIONS INC 3,093 6,361
    SMITH A O CORP 2,415 3,949
    SNAP INC - A 4,253 7,290
    SNOWFLAKE INC 9,776 13,211
    SPOTIFY TECHNOLOGY S A 1,490 2,808
    SPRINGWORKS THERAPEUTICS INC 2,838 2,293
    SQUARE INC 4,798 10,337
    STARBUCKS CORP 2,134 4,679
    STERIS PLC 4,531 6,572
    STORE CAP CORP 18,262 24,527
    SUN COMMUNITIESINC. 1,187 2,100
    SVB FINANCIAL GROUP 8,411 27,130
    SYNCHRONY FINANCIAL 2,383 5,196
    TAIWAN SEMICONDUCTOR SPONS ADR 2,803 10,347
    TENCENT HLDGS LTD UNSPONS ADR 5,815 11,132
    TERADYNE INC 1,468 1,962
    TEXAS INSTRUMENTS INC 7,125 12,251
    THE TRADE DESK INC 3,705 6,873
    THERMO FISHER SCIENTIFIC INC 2,721 4,003
    TOPBUILD CORP 1,867 3,311
    TRANE TECHNOLOGIES PLC 3,381 6,061
    TRANSUNION 1,297 1,779
    TRUIST FINL CORP 4,430 5,504
    TTEC HLDGS INC 1,988 2,173
    TWILIO INC 4,293 5,267
    TWITTER INC 4,170 6,872
    UBER TECHNOLOGIES INC 4,360 5,199
    UNIFIRST CORP MASS 5,209 5,050
    UNION PAC CORP 1,314 1,512
    UNITED PARCEL SERVICE CL B 2,823 3,215
    UNITED RENTALS INC 7,127 16,615
    UNITEDHEALTH GROUP INC 1,083 3,013
    UNITY SOFTWARE INC 5,456 7,435
    UNIVERSAL DISPLAY CORP 1,413 1,650
    US BANCORP NEW 2,814 3,033
    VALERO ENERGY CORP 2,309 3,080
    VEEVA SYSTEMS INC-CLASS A 2,690 8,175
    VERACYTE INC 1,107 1,895
    VERIZON COMMUNICATIONS 3,541 3,481
    VISA INC-CLASS A 3,719 7,585
    VULCAN MATERIALS CO 3,718 8,926
    WAL MART STORES INC 1,415 1,736
    WASTE MGMT INC DEL 9,307 14,187
    WAYFAIR INC 3,418 3,799
    WEC ENERGY GROUP INC 4,348 5,533
    WENDY'S CO/THE 1,403 1,479
    WEST PHARMACEUTICAL SERVICE INC 3,343 7,035
    ZENDESK INC 1,795 2,294
    ZENTALIS PHARMACEUTICALS INC 1,377 1,597
    ZILLOW GROUP INC 3,389 3,129
    ZOOM VIDEO COMMUNICATIONS INC 3,488 4,966

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    JOSEPH R TAKATS FOUNDATION - CASH
    EIN:
    16-1098026
    US Government Securities - End of Year Book Value:

    448,587
    US Government Securities - End of Year Fair Market Value:

    455,469
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    JOSEPH R TAKATS FOUNDATION - CASH
    EIN:
    16-1098026
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ENERGY SELECT SECTOR SPDR AT COST 9,560 15,263
    ETF J P MORGAN EXCHAN BE AT COST 20,803 20,159
    GRANITESHARES GOLD TR AT COST 12,661 17,714
    HEALTH CARE SELECT SECTOR SPDR AT COST 7,030 10,567
    ISHARES 10-20 YEAR TREASURY BD AT COST 27,922 25,080
    ISHARES 7-10 YEAR TREASURY BOND AT COST 40,431 38,295
    ISHARES EDGE MSCI USA QUALITY AT COST 62,049 109,316
    ISHARES GLOBAL CON STAP ETF AT COST 18,630 19,225
    ISHARES GLOBAL FINANCIALS ETF AT COST 20,266 21,616
    ISHARES GLOBAL HEALTHCARE AT COST 6,961 11,021
    ISHARES INC MSCI EMRG MKT ETF AT COST 20,547 20,735
    ISHARES MSCI CHINA INDEX FUND AT COST 9,318 9,227
    ISHARES MSCI EAFE SMALL CAP AT COST 23,927 31,063
    ISHARES TR INTL QLTY FACTOR AT COST 47,845 71,396
    ISHARES TR RUSSEL 2000 VALUE INDX FD AT COST 8,154 11,457
    ISHARES TRANSPORTATION AVERAGE ETF AT COST 11,539 18,247
    ISHARES U S ETF TR INT RT HD LONG AT COST 77,196 81,244
    ISHARES U S ETF TR INT RT HDG C B AT COST 39,851 40,772
    KRANESHARES CSI CHINA INTERNET AT COST 5,658 4,853
    PIMCO 0-5 YEAR HIGH YIELD CORP BOND AT COST 26,952 28,147
    SPDR S&P REGINAL BANKING ETF AT COST 25,120 31,103
    THE TECHNOLOGY SEL SEC SPDR FD AT COST 17,554 19,821
    VANECK EMERGING MARKETS HIGH AT COST 53,404 50,198
    VANGUARD EUROPEAN ETF AT COST 13,614 17,469
    VANGUARD VALUE ETF INDEX AT COST 22,536 23,538
    WISDOMTREE FLOATING RATE TRSRY AT COST 72,782 72,736
    ALLIANZ GL INV FXD INC SH-C AT COST 89,962 94,238
    ALLIANZ GL INV FXD INC SH-M AT COST 93,494 94,313
    ISHARES GLOBAL MATERIALS ETF AT COST 6,528 9,136
    ALEXANDRIA REAL ESTATE EQUITIES INC AT COST 1,387 2,007
    AMERICAN TOWER REIT INC AT COST 8,612 11,408
    BLACKSTONE MORTGAGE TRU-CL A AT COST 1,294 1,715
    MEDICAL PROPERTIES TRUST INC AT COST 2,352 2,788

    TY 2021 OtherIncreasesSchedule
    Name:
    JOSEPH R TAKATS FOUNDATION - CASH
    EIN:
    16-1098026
    Description Amount
    BOOK/TAX DIFFERENCE 7,600


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    JOSEPH R TAKATS FOUNDATION - CASH
    EIN:
    16-1098026
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 54,358 54,358   0


    TY 2021 TaxesSchedule
    Name:
    JOSEPH R TAKATS FOUNDATION - CASH
    EIN:
    16-1098026
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 416 416   0
    FEDERAL TAX BALANCE DUE 1,922 0   0
    FEDERAL ESTIMATED TAX PAYMENTS 3,150 0   0
    NY STATE TAX BALANCE DUE 550 0   0