TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021

Name of foundation
LAW FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)820 MORRIS TURNPIKE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SHORT HILLS, NJ07078

A Employer identification number

22-3074635

B Telephone number (see instructions)

(973) 924-8246

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$226,822,308J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	8,602,648
2	Check .............
3	Interest on savings and temporary cash investments	895		895
4	Dividends and interest from securities...	5,790,522		5,790,522
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		7,343,652
b	Gross sales price for all assets on line 6a 38,768,388
7	Capital gain net income (from Part IV, line 2)...			10,723,408
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).......		4,831,581	3,536,980
12	Total. Add lines 1 through 11........	26,569,298		20,051,805
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).......		1,500	1,500	0
c	Other professional fees (attach schedule)....		355,631	355,631	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		25,603	815	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		315,722	256,327	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	698,456		614,273	0
25	Contributions, gifts, grants paid.......	10,132,300			10,132,300
26	Total expenses and disbursements. Add lines 24 and 25	10,830,756		614,273	10,132,300
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	15,738,542
b	Net investment income (if negative, enter -0-)			19,437,532
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2021)

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	8,250,551	5,920,577	5,920,577
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,123,394	1,097,258	1,206,635
	b	Investments—corporate stock (attach schedule).......	30,423,615	34,614,226	36,689,561
	c	Investments—corporate bonds (attach schedule).......	97,857,061	99,025,919	101,207,625
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	67,130,932	73,810,513	81,797,910
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	204,785,553	214,468,493	226,822,308
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	204,785,553	214,468,493
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	204,785,553	214,468,493
	30	Total liabilities and net assets/fund balances (see instructions).	204,785,553	214,468,493

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

204,785,553

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

15,738,542

Other increases not included in line 2 (itemize) bullet

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

220,524,095

Decreases not included in line 2 (itemize) bullet

6,055,602

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

214,468,493

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
1 a	PUBLICLY TRADED SECURITIES	P
b	CAPITAL GAIN FROM PARTNERSHIP	P
c	CAPITAL GAIN DISTRIBUTION	P
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	37,431,408	28,029,217	9,402,191
b	832,160	15,763	816,397
c	504,820		504,820
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			9,402,191
b			816,397
c			504,820
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	10,723,408
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Form 990-PF (2021)

Page 4

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	270,182
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	270,182
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	87,418
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	60,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	147,418
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	122,764
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax	Refunded	11

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

Yes

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

Yes

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation . Click to see attachment

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

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

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

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

N/A

The books are in care of bullet

CITRIN COOPERMAN Telephone no. bullet

(212) 697-1000

Located at bullet

50 ROCKEFELLER PLAZANEW YORKNY ZIP+4 bullet

10020

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

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

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2021? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2021, did the foundation have any undistributed income (lines 6d

and 6e, Part XII) for tax year(s) beginning before 2021?....................

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2021.) .....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..

Form 990-PF (2021)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

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

5a(3)

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

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

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
LEONARD WILF	TRUSTEE, CHAIRMAN & PRESIDENT 0.25	0	0	0
820 MORRIS TURNPIKE SHORT HILLS,NJ07078	TRUSTEE, CHAIRMAN & PRESIDENT 0.25	0	0	0
ORIN WILF	TRUSTEE & VICE PRESIDENT 0.25	0	0	0
820 MORRIS TURNPIKE SHORT HILLS,NJ07078	TRUSTEE & VICE PRESIDENT 0.25	0	0	0
BETH WILF	TRUSTEE, SECRETARY & TREASURER 0.25	0	0	0
820 MORRIS TURNPIKE SHORT HILLS,NJ07078	TRUSTEE, SECRETARY & TREASURER 0.25	0	0	0
ZYGMUNT WILF	TRUSTEE 0.25	0	0	0
820 MORRIS TURNPIKE SHORT HILLS,NJ07078	TRUSTEE 0.25	0	0	0
HALLE WILF	TRUSTEE 0.25	0	0	0
820 MORRIS TURNPIKE SHORT HILLS,NJ07078	TRUSTEE 0.25	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2021)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2021)

Page 8

Part IX

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

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

purposes:

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

187,629,567

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

4,806,465

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

21,864,158

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

214,300,190

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

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

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

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

214,300,190

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

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

3,214,503

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

211,085,687

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

10,554,284

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

10,554,284

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

270,182

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

259,183

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

529,365

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

10,024,919

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

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

10,024,919

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

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

10,024,919

Part XI

Qualifying Distributions (see instructions)

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

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

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

	(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7				10,024,919
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......			9,863,425
b Total for prior years:20, 20, 20		0
3 Excess distributions carryover, if any, to 2021:
a From 2016......
b From 2017......
c From 2018......
d From 2019......
e From 2020......
f Total of lines 3a through e ........	0
4Qualifying distributions for 2021 from Part
XI, line 4: $ 10,132,300
a Applied to 2020, but not more than line 2a			9,863,425
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.....				268,875
e Remaining amount distributed out of corpus	0
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	0
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 ..........				9,756,044
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 ......	0
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....
d Excess from 2020....
e Excess from 2021....

Form 990-PF (2021)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

LEONARD WILF

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2021)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ALLEN-STEVENSON SCHOOL 132 EAST 78TH STREET NEW YORK,NY10021		PC	GENERAL	25,000
AMERICAN COMMITTEE FOR SHAARE ZEDEK 55 WEST 39TH STREET NEW YORK,NY10018		PC	GENERAL	400,000
AMERICAN FRIENDS OF MDA 352 SEVENTH AVENUE SUITE 400 NEW YORK,NY10001		PC	GENERAL	200,000
AMERICAN FRIENDS OF THE ISRAEL PHILHARMONIC ORCHESTRA 122 E 42ND STREET SUITE 4507 NEW YORK,NY04507		PC	GENERAL	25,000
AMERICAN HUMANE ASSOCIATION 1400 16TH ST NW STE 360 WASHINGTON,DC200362215		PC	GENERAL	1,000
AMERICAN NATIONAL RED CROSS 209 FAIRFIELD ROAD FAIRFIELD,NJ07004		PC	GENERAL	250,000
AMERICAN NATIONAL RED CROSS 209 FAIRFIELD ROAD FAIRFIELD,NJ07004		PC	GENERAL	100,000
AMERICAN NATIONAL RED CROSS 209 FAIRFIELD ROAD FAIRFIELD,NJ07004		PC	GENERAL	25,000
AMERICAN SOCIETY FOR YAD VASHEM 500 FIFTH AVENUE NEW YORK,NY101104304		PC	GENERAL	500,000
AMERICAN SOCIETY FOR YAD VASHEM 500 FIFTH AVENUE NEW YORK,NY101104304		PC	GENERAL	200,000
AMERICAN SOCIETY FOR YAD VASHEM 500 FIFTH AVENUE NEW YORK,NY101104304		PC	GENERAL	50,000
AMERICAN SOCIETY FOR YAD VASHEM 500 FIFTH AVENUE NEW YORK,NY101104304		PC	GENERAL	25,000
AMERICAN SOCIETY FOR YAD VASHEM 500 FIFTH AVENUE NEW YORK,NY101104304		PC	GENERAL	1,000
AMERICAN SOCIETY FOR YAD VASHEM 500 FIFTH AVENUE NEW YORK,NY101104304		PC	GENERAL	1,000
ANTI-DEFAMATION LEAGUE 605 THIRD AVE 9TH FL NEW YORK,NY101580180		PC	GENERAL	75,000
ARMY HISTORICAL FOUNDATION PO BOX 96281 WASHINGTON,DC200906281		PC	GENERAL	1,000
BIG DOG RANCH RESCUE INC 14444 OKEECHOBEE BLVD LXHTCHEE GRVS,FL334704823		PC	GENERAL	10,000
BIRTHRIGHT ISRAEL FOUNDATION 711 THIRD AVENUE 10TH FLOOR NEW YORK,NY10017		PC	GENERAL	250,000
BLACK GIRLS CODE PO BOX 640926 SAN FRANCISCO,CA94164		PC	GENERAL	50,000
BRENNAN CENTER FOR JUSTICE 120 BROADWAY SUITE 1720 NEW YORK,NY102710002		PC	GENERAL	100,000
CALIFORNIA INSTITUTE OF TECHNOLOGY 1200 EAST CALIFORNIA BLVD PASADENA,CA911250001		PC	GENERAL	50,000
CAMELBACK VENTURES 9169 W STATE STREET GARDEN CITY,LA83714		PC	GENERAL	150,000
CARING KIND 360 LEXINGTON AVENUE 3RD FL NEW YORK,NY100176568		PC	GENERAL	5,000
CENTRAL PARK CONSERVANCY 14 EAST 60TH STREET NEW YORK,NY10022		PC	GENERAL	10,000
CITY HARVEST 6 EAST 32ND STREET 5TH FLOOR NEW YORK,NY10016		PC	GENERAL	400,000
CITY HARVEST 6 EAST 32ND STREET 5TH FLOOR NEW YORK,NY10016		PC	GENERAL	100,000
COMMUNITY FOOD BANK OF NEW JERSEY 31 EVANS TERMINAL ROAD HILLSIDE,NJ072052400		PC	GENERAL	125,000
COMMUNITY FOOD BANK OF NEW JERSEY 31 EVANS TERMINAL ROAD HILLSIDE,NJ072052400		PC	GENERAL	25,000
DWIGHT-ENGLEWOOD SCHOOL 315 EAST PALISADE AVENUE ENGLEWOOD,NJ076313146		PC	GENERAL	50,000
ELON UNIVERSITY CAMPUS BOX 2615 ELON,NC27244		PC	GENERAL	25,000
ELON UNIVERSITY CAMPUS BOX 2615 ELON,NC27244		PC	GENERAL	15,000
EXPECT MIRACLES FOUNDATION 89 SOUTH STREET SUITE L102 BOSTON,MA02111		PC	GENERAL	10,000
FILM SOCIETY OF LINCOLN CENTER 70 LINCOLN CENTER PLAZA NEW YORK,NY100236595		PC	GENERAL	10,000
FLORIDA OCEANOGRAPHIC SOCIETY INC 890 NE OCEAN BLVD STUART,FL349961627		PC	GENERAL	1,000
FOOD BANK FOR NEW YORK CITY PO BOX 470 NEW YORK,NY10530		PC	GENERAL	25,000
FOUNDATION FOR MORRISTOWN MEDICAL CENTER 475 SOUTH STREET MORRISTOWN,NJ076921956		PC	GENERAL	50,000
FRESH AIR FUND 633 THIRD AVENUE NEW YORK,NY10017		PC	GENERAL	10,000
FRIENDS OF THE ISRAEL DEFENSE FORCES 60 EAST 42ND STREET NEW YORK,NY10165		PC	GENERAL	200,000
FRIENDS OF THE ISRAEL DEFENSE FORCES 60 EAST 42ND STREET NEW YORK,NY10165		PC	GENERAL	10,000
FULFILL MONMOUTH & OCEAN 3300 ROUTE 66 NEPTUNE,NJ077532706		PC	GENERAL	25,000
GEORGE W BUSH PRESIDENTIAL CENTER 2943 SMU BLVD DALLAS,TX75205		PC	GENERAL	100,000
GEORGETOWN UNIVERSITY LAW CENTER OFFICE OF ADVANCEMENT WASHINGTON,DC20001		PC	GENERAL	25,000
GREEN BERET FOUNDATION 14402 BLANCO ROAD SAN ANTONIO,TX78216		PC	GENERAL	10,000
HEART AND SOUL CHARITABLE FUND 1157 LEXINGTON AVENUE NEW YORK,NY100750440		PC	GENERAL	5,000
HEART AND SOUL CHARITABLE FUND 1157 LEXINGTON AVENUE NEW YORK,NY100750440		PC	GENERAL	2,500
HELEN KELLER INTERNATIONAL ONE DAG HAMMARSKJOLD PLAZA FLOOR 2 NEW YORK,NY10017		PC	GENERAL	162,500
HOSPICE OF PALM BEACH COUNTY 5300 EAST AVE WEST PALM BCH,FL334072387		PC	GENERAL	1,000
HUN SCHOOL OF PRINCETON 176 EDGERSTOUNE ROAD PRINCETON,NJ08540		PC	GENERAL	100,000
INTERFAITH FOOD PANTRY 2 EXECUTIVE DIVE MORRIS PLAINS,NJ07950		PC	GENERAL	25,000
INVESTIGATIVE PROJECT ON TERRORISM FOUNDATION 5614 CONNECTICUT AVENUE NW WASHINGTON,DC200152604		PC	GENERAL	10,000
JACKIE ROBINSON FOUNDATION 75 VARICK STREET 2ND FLOOR NEW YORK,NY10013		PC	GENERAL	10,000
JASA 247 WEST 37TH STREET 9TH FLOOR NEW YORK,NY10018		PC	GENERAL	2,500
JERUSALEM FOUNDATION 420 LEXINGTON AVENUE NEW YORK,NY10170		PC	GENERAL	375,000
JERUSALEM FOUNDATION 420 LEXINGTON AVENUE NEW YORK,NY10170		PC	GENERAL	100,000
JEWISH EDUCATIONAL CENTER 330 ELMORA AVENUE ELIZABETH,NJ07208		PC	GENERAL	10,000
JEWISH FEDERATION HEART OF NJ 230 OLD BRIDGE TURNPIKE SOUTH RIVER,NJ08882		PC	GENERAL	1,800
JEWISH FEDERATION OF PALM BEACH COUNTY 1 HARVARD CIRCLE SUITE 100 WEST PALM BEACH,FL334091905		PC	GENERAL	15,000
JEWISH FEDERATION OF PALM BEACH COUNTY 1 HARVARD CIRCLE SUITE 100 WEST PALM BEACH,FL334091905		PC	GENERAL	10,000
JUPITER MEDICAL CENTER FOUNDATION INC 1210 S OLD DIXIE HIGHWAY JUPITER,FL334587205		PC	GENERAL	10,000
KRAVIS CENTER FOR THE PERFORMING ARTS 701 OKEECHOBEE BLVD WEST PALM BCH,FL334016323		PC	GENERAL	10,000
LEXINGTON INSTITUTE 1600 WILSON BOULEVARD ARLINGTON,VA22209		PC	GENERAL	10,000
MORSELIFE FOUNDATION INC 4847 DAVID MACK DR WEST PALM BEACH,FL334170000		PC	GENERAL	10,000
MRCC FOUNDATION INC 713 PASSAIC AVENUE WEST CALDWELL,NJ07006		PC	GENERAL	1,000
NAACP LEGAL DEFENSE AND EDUCATIONAL FUND 40 RECTOR STREET 5TH FLOOR NEW YORK,NY100061738		PC	GENERAL	100,000
NATIONAL SEPTEMBER 11 MEMORIAL & MUSEUM 200 LIBERTY STREET 16TH FLOOR NEW YORK,NY10006		PC	GENERAL	1,000
NEW VENTURE FUND 1201 CONNECTICUT AVE NW STE 300 WASHINGTON,DC200362611		PC	GENERAL	75,000
NEW YORK PRESBYTERIAN FUND 850 THIRD AVENUE 12TH FLOOR NEW YORK,NY10022		PC	GENERAL	2,000,000
NEW YORK PRESBYTERIAN FUND 850 THIRD AVENUE 12TH FLOOR NEW YORK,NY10022		PC	GENERAL	100,000
ONE MIND PO BOX 680 RUTHERFORD,CA94573		PC	GENERAL	100,000
OPERATION FINALLY HOME 1659 STATE HIGHWAY 46 WEST SUITE 11 NEW BRAUNFELS,TX78132		PC	GENERAL	10,000
PEF ISRAEL ENDOWMENT FUNDS 630 3RD AVENUE SUITE 1501 NEW YORK,NY100176745		PC	GENERAL	15,000
PALM BEACH COUNTRY CLUB FOUNDATION INC 760 N OCEAN BLVD PALM BEACH,FL334803300		PC	GENERAL	5,000
PALM BEACH COUNTY FOOD BANK INC 701 BOUTWELL ROAD SUITE A-2 LAKE WORTH,FL33461		PC	GENERAL	25,000
PALM BEACH ORTHODOX SYNAGOGUE 120 NORTH COUNTY ROAD PALM BEACH,FL334803917		PC	GENERAL	100,000
PALM BEACH ORTHODOX SYNAGOGUE 120 NORTH COUNTY ROAD PALM BEACH,FL334803917		PC	GENERAL	18,000
PALM BEACH POLICE FOUNDATION INC 139 N COUNTY RD STE 20C PALM BEACH,FL334803924		PC	GENERAL	10,000
PALM BEACH POLICE FOUNDATION INC 139 N COUNTY RD STE 20C PALM BEACH,FL334803924		PC	GENERAL	10,000
PALM BEACH UNITED WAY 44 COCOANUT ROW PALM BEACH,FL33480		PC	GENERAL	10,000
PARK EAST SYNAGOGUE 164 EAST 68TH STREET NEW YORK,NY10065		PC	GENERAL	25,000
PARK EAST SYNAGOGUE 164 EAST 68TH STREET NEW YORK,NY10065		PC	GENERAL	25,000
PEACEPLAYERS INTERNATIONAL 1200 NEW HAMPSHIRE AVE NW STE 875 WASHINGTON,DC200366831		PC	GENERAL	25,000
PECONIC HOCKEY FOUNDATION INC PO BOX 374 WADING RIVER,NY117920374		PC	GENERAL	6,000
PGA TOUR FIRST TEE FOUNDATION 13000 SAWGRASS VILLAGE CIRCLE PONTE VEDRA BEACH,FL32082		PC	GENERAL	250,000
PHILADELPHIA HOLOCAUST REMEMBRANCE FOUNDATION 2100 ARCH ST PHILADELPHIA,PA191031300		PC	GENERAL	25,000
PROMISE FUND OF FLORIDA 340 ROYAL POINCIANA WY STE 317 301 PALM BEACH,FL334804096		PC	GENERAL	5,000
RABBINICAL COLLEGE OF AMERICA PO BOX 1996 MORRISTOWN,NJ079621996		PC	GENERAL	25,000
RENEWAL OF LIFE 5904 13TH AVENUE BROOKLYN,NY112194934		PC	GENERAL	10,000
SECURE COMMUNITY NETWORK 25 BROADWAY SUITE 1700 NEW YORK,NY100041010		PC	GENERAL	250,000
SILVER SHIELD FOUNDATION 870 UNITED NATIONS PLAZA NEW YORK,NY10017		PC	GENERAL	10,000
SUTTON PLACE SYNAGOGUE 225 EAST 51ST STREET NEW YORK,NY10022		PC	GENERAL	18,000
THE FIRST TEE OF METROPOLITAN NEW YORK 3545 JEROME AVENUE BRONX,NY10467		PC	GENERAL	25,000
UJA-FEDERATION OF NEW YORK 130 EAST 59TH STREET PO BOX 4227 NEW YORK,NY102614227		PC	GENERAL	360,000
UJA-FEDERATION OF NEW YORK 130 EAST 59TH STREET PO BOX 4227 NEW YORK,NY102614227		PC	GENERAL	25,000
UJA-FEDERATION OF NEW YORK 130 EAST 59TH STREET PO BOX 4227 NEW YORK,NY102614227		PC	GENERAL	23,000
UJA-FEDERATION OF NEW YORK 130 EAST 59TH STREET PO BOX 4227 NEW YORK,NY102614227		PC	GENERAL	20,000
UJA-FEDERATION OF NEW YORK 130 EAST 59TH STREET PO BOX 4227 NEW YORK,NY102614227		PC	GENERAL	18,000
UNIVERSITY OF MIAMI 1320 S DIXIE HWY SUITE 100 CORAL GABLES,FL331462968		PC	GENERAL	10,000
UNIVERSITY OF PENNSYLVANIA 2929 WALNUT STREET SUITE 300 PHILADELPHIA,PA19104		PC	GENERAL	7,000
YESHIVA UNIVERSITY 500 WEST 185TH STREET NEW YORK,NY10033		PC	GENERAL	1,000,000
JEWISH FOUNDATION OF THE GREATER METROWEST 230 OLD BRIDGE TURNPIKE SOUTH RIVER,NJ08882		PC	GENERAL	500,000
NEW YORK UNIVERSITY 870 UNITED NATIONS PLAZA NEW YORK,NY10017		PC	GENERAL	10,000
PAYEE UNRECORDED 820 MORRIS TURNPIKE SHORT HILLS,NJ07078		PC	GENERAL	25,000
JERUSALEM FOUNDATION 420 LEXINGTON AVENUE NEW YORK,NY10170		PC	GENERAL	10,000
SUNRISE ASSN 185 PARKHURST ST NEWARK,NJ07114		PC	GENERAL	105,000
ROWAN UNIVERSITY FOUNDATION 201 MULLICA HILL ROAD GLASSBORO,NJ08028		PC	GENERAL	50,000
JERUSALEM FOUNDATION 420 LEXINGTON AVENUE NEW YORK,NY10170		PC	GENERAL	100,000
Total ................................. 3a				10,132,300

bApproved for future payment

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

Form 990-PF (2021)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	895
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	7,343,652
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		17,966,650	0

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

17,966,650

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2021)

Page 13

Part XVI

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Name of the organization

LAW FOUNDATION INC

Employer identification number

22-3074635

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2021)

Schedule B (Form 990) (2021) Page 2

Name of organization LAW FOUNDATION INC			Employer identification number 22-3074635

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
1	1999 JUDITH WILF CHARITABLE LEAD TRUST 820 MORRIS TURNPIKE SHORT HILLS, NJ07078	$ 270,053		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
2	2003 JUDITH WILF CHARITABLE LEAD TRUST 820 MORRIS TURNPIKE SHORT HILLS, NJ07078	$ 255,999		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
3	2002 JUDITH WILF CHARITABLE LEAD TRUST 820 MORRIS TURNPIKE SHORT HILLS, NJ07078	$ 218,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
4	1998 JUDITH WILF CHARITABLE LEAD TRUST 820 MORRIS TURNPIKE SHORT HILLS, NJ07078	$ 108,023		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
5	2001 JUDITH WILF CHARITABLE LEAD TRUST 820 MORRIS TURNPIKE SHORT HILLS, NJ07078	$ 275,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
6	2000 JUDITH WILF CHARITABLE LEAD TRUST 820 MORRIS TURNPIKE SHORT HILLS, NJ07078	$ 265,573		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization LAW FOUNDATION INC			Employer identification number 22-3074635
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
7	JUDITH WILF 820 MORRIS TURNPIKE SHORT HILLS, NJ07078	$ 7,210,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

Name of organization LAW FOUNDATION INC		Employer identification number 22-3074635

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 4


Name of organization LAW FOUNDATION INC			Employer identification number 22-3074635
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2021)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2021 AccountingFeesSchedule

Name:

LAW FOUNDATION INC

EIN:

22-3074635

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	1,500	1,500		0

- TIN:

TY 2021 ExplnOfNonFilingWithAGStmt

Name:

LAW FOUNDATION INC

EIN:

22-3074635

Statement:

THE FOUNDATION IS NOT REQUIRED TO FILE A COPY OF FORM 990-PF WITH THE NEW JERSEY ATTORNEY GENERAL BECAUSE IT DOES NOT SOLICIT FUNDS FROM THE PUBLIC.

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

LAW FOUNDATION INC

EIN:

22-3074635

Name of Bond	End of Year Book Value	End of Year Fair Market Value
3M COMPANY 3 25	518,903	529,525
ABBOTT LAB 3.4 23	530,957	558,062
ABBVIE INC 2.85 23	624,919	638,906
AETNA INC 3.50 24	254,562	263,738
AETNA LIFE 7.25	168,548	218,552
AFLAC INC 3.625 23	261,433	267,000
ALTRIA GROUP 4.4 26	497,053	484,214
ALTRIA GROUP INC 4.000% JAN 31 2024	274,005	263,645
AMAZON.COM INC	509,535	507,205
AMERICAN EXPRESS CO 3.625 24	250,498	267,175
AMERICAN EXPRESS CREDIT SER 3.30 27	269,640	267,630
AMERICAN HONDA FINANCE MTN 0.65% 09/08/2023	504,778	503,520
AMERICAN INTL GROUP 3.75 25	258,715	267,615
AMERICAN INTL GROUP 3.9 26	257,100	271,085
AMERICAN TOWER CORP 2.75 2027	1,198,056	1,237,560
AMGEN INC 3.625 22	264,821	263,343
ANHEUSER-BUSCH INBEV WOR 3.5% 06/01/2030	324,318	356,567
ANHEUSER-BUSCH INBEV WOR COMPANY 4 28	278,823	278,283
ANHEUSER-BUSCH INBEV WOR COMPANY 4.75 29	604,328	582,440
ANTHEM INC 3.65 27	267,755	274,450
ANTHEM INC 4.101 28	274,123	277,393
APPLE INC 3.2 25	258,223	266,120
APPLE INC 3.45 24	103,832	105,781
APPLE INC. 1.25% 08/20/2030	314,235	297,247
APPLE INC. 3 24	712,082	729,386
AT & T INC 3.400 25	247,048	264,208
AT&T 5	500,000	536,000
AT&T 6.5 29	494,005	621,750
AT&T INC 4.25 27	430,055	410,659
AVALONBAY COMMUNITIES INC 2.85 23	254,063	254,003
AVALONBAY COMMUNITIES, INC. MTN 4.2% 23	1,638,616	1,476,832
B.A.T. CAPITAL CORPORATION 2.726% 03/25/2031	205,000	199,158
B.A.T. INTERNATIONAL FINANCE 1.668 26	311,187	304,473
BANCO SANTANDER, S.A. 5.179% 11/19/2025 USD SER SUB	911,448	890,672
BANK OF AMERICA CORP 4.125	500,000	508,200
BANK OF AMERICA CORP 5.375	396,000	402,300
BANK OF AMERICA CORP HYBRID MTN 02/13/2031 SR LIEN	625,000	627,225
BANK OF MONTREAL MTN 2.9% 2022	671,535	654,056
BANK OF NEW YORK MELLON 3 28	250,145	266,360
BANK OF NEW YORK MELLON 3.65 24	269,565	263,153
BANK OF NEW YORK MELLON 3.95 25	107,607	109,199
BARCLAYS PLC HYBRID 06/24/2031 SR LIEN	800,000	797,400
BAXTER INTERNATIONAL INC 2.6 26	253,148	259,213
BELL SOUTH TELECOM 6.375 28	388,233	474,504
BERKSHIRE HATHAWAY INC 2.75 23	603,030	612,660
BERKSHIRE HATHAWAY INC 3.125 26	259,738	267,705
BERKSHIRE HATHAWAY INC 3.4 22	259,375	250,578
BNP PARIBAS MTN 4.25% 10/15/2024 USD SUB	1,099,178	1,062,569
BP CAPITAL MARKETS AMERICA INC 3.796% 25	1,000,000	1,079,670
BRISTOL-MYERS SQUIBB CO 2 22	244,450	252,345
BRISTOL-MYERS SQUIBB CO 3.25 27	263,050	269,160
BURLINGTON NORTH SANTE FE 3.85 23	272,115	260,188
CAMPBELL SOUP CO 2.5 22	509,003	505,320
CAMPBELL SOUP CO 3.3 25	254,868	263,505
CAPITAL ONE BANK 3.375 23	510,174	539,553
CATERPILLAR INC 2.6 29	256,428	261,688
CATERPILLAR INC 3.4 24	275,632	262,438
CBS CORP 3.5 25	1,345,075	1,371,591
CBS CORP 3.5 25	255,265	263,768
CHARLES SCHWAB 3.2 28	248,420	268,938
CHEVRON CORP	257,200	253,170
CIGNA CORP 3.25 25	249,555	262,185
CISCO SYSTEMS 3.5 25	264,731	269,485
CITIGROUP 4.4 25	267,766	272,350
CITIGROUP 4.45 27	268,948	278,923
CITIGROUP INC GLB 03.700% JAN 12 2026	270,463	270,453
CITIGROUP INC SER P VAR% PERPETUAL	54,250	51,500
CITIGROUP INC VAR% PERPETUAL	52,808	53,500
CITIGROUP INC. HYBRID 07/24/2028 CPN 3.668	1,400,277	1,591,909
CITIZENS FINANCIAL GROUP 2.85 26	1,047,879	1,094,363
CLOROX COMPANY 3.05 22	263,748	252,845
COCA-COLA CO 03.450% MAR 25 2030	299,495	277,048
COLGATE-PALMOLIVE CO 3.25 24	260,830	262,155
COMCAST CORP 3.3 27	260,278	268,720
CONOCOPHILLIPS CO 4.95 26	572,600	564,350
CONSOLIDATED EDISON CO 04.0% 12/01/2028	1,423,946	1,597,154
COSTCO WHOLESALE CORP 3 27	248,445	267,978
CROWN CASTLE INTL CORP 3.2 24	498,605	521,975
CSX CORP 4.25 29	823,232	900,152
CVS CAREMARK CORP 2.75 22	256,575	253,473
DISCOVER BANK-3.35% 02/06/2023 USD DE	579,510	614,388
DOLLAR GENERAL CORPO 3.25 23	628,839	614,538
DUKE ENERGY OHIO, INC. 3.65 29	999,560	1,081,960
ELI LILLY 3.1 27	499,165	533,645
ESTEE LAUDER CO INC 2.35 22	248,700	252,868
EXXON MOBIL CORP 3.043 26	254,763	264,605
GENERAL MILLS INC 3.2 27	251,623	265,773
GENERAL MOTORS FINL 003.25 23	134,907	137,969
GOLDMAN SACHS 3.5 26	514,208	533,105
GOLDMAN SACHS CAPITAL I 6.345 34	202,345	276,046
GOLDMAN SACHS CAPITAL II VAR% PERPETUAL	4,831	4,900
GTE CORP 6.94 28	215,506	248,216
HALLIBURTON CO 3.8 25	261,695	268,875
HIGHWOODS REALTY LP 2.6% 02/01/2031	637,382	633,869
HOME DEPOT 3.0 26	509,045	531,475
HOME DEPOT INC 02.800% SEP 14 2027	276,580	265,295
HONEYWELL INTERNATIONAL	569,005	524,095
HSBC HOLDINGS PLC HYBRID 08/18/2031 SR LIEN	250,000	244,510
HUMANA INC 3.95 27	534,278	546,755
HUMANA INC3.85 24	276,758	265,455
INTEL 3.15 27	540,358	536,355
INTERPUBLIC GROUP COS 4.2 24	429,476	427,983
INTERSTATE POWER AND LIGHT COM 2.3% 06/01/2030	995,750	995,400
JP MORGAN CHASE & CO 4.625	500,000	522,200
JP MORGAN CHASE & CO SER DD 5.75% PERPETUAL	167,280	161,280
JP MORGAN CHASE 4.55	250,000	261,100
JP MORGAN CHASE 4.55	250,000	261,100
JPMORGAN CHASE & CO 3.125 25	243,475	262,600
JPMORGAN CHASE & CO 3.125 25	249,890	262,600
JPMORGAN CHASE & CO GLB VAR% OCT 15 2030	256,385	257,118
JPMORGAN CHASE & CO NOTES VAR% PERPETUAL	121,983	123,615
JPMORGAN CHASE & CO SER EE 6.00% PERPETUAL	112,920	109,000
JPMORGAN CHASE & CO SER R VAR% PERPETUAL	190,566	187,650
JPMORGAN CHASE & CO. HYBRID 05/06/2030 SR LIEN	1,236,864	1,312,608
JPMORGAN CHASE & CO. HYBRID 10/15/2030 SR LIEN	148,953	154,271
JPMORGAN CHASE 3.625 27	253,803	269,533
KERR MCGEE	197,670	216,098
KINDER MORGAN INC 2.0% 02/15/2031	842,010	809,778
KOHLS 6 33	224,443	290,693
KROGER CO 4.5 29	994,030	1,152,660
LENNOX INTERNATIONAL INC 3.0 23	412,781	437,117
LLOYDS BANKING GROUP PLC HYBRID 02/05/2026 SR LIEN	200,000	203,976
LOCKHEED MARTIN CORP 3.55 26	261,378	270,750
MARSH & MCLENNAN COS INC 2.25% 11/15/2030	485,815	489,510
MCDONALD'S CORP 2.625 22	508,233	500,315
MCDONALD'S CORP 3.5 27	262,813	270,183
MCDONALD'S CORP MTN 2.65 29	496,320	516,240
MCKESSON CORP 3.95 28	563,801	549,375
MERCK & CO IN 3.4 29	845,866	816,608
METLIFE INC 03.000% MAR 01 2025	273,405	262,945
METLIFE INC 3.6 24	267,843	263,910
METLIFE INC 4.55 30	300,748	295,730
MICROSOFT CORP 3.125 25	531,708	533,610
MICROSOFT CORP 3.3 27	257,383	272,603
MICROSOFT CORP GLB 02.400% AUG 08 2026	257,655	261,763
MILLER OPPORTUNITY TRUST	783,148	701,620
MONSANTO CO 2.2 22	253,230	250,300
MOODY'S CORPORA11ON 4.25% 02/01/2029 DE	1,612,796	1,835,015
MORGAN STANLEY 4.25	500,000	504,600
MORGAN STANLEY MTN 2.75 22	1,164,433	1,160,293
MORGAN STANLEY MTN 4.35 26	352,992	359,018
MOTOROLA 6.5 25	200,005	229,532
MPLX LP 4 25	1,019,890	1,066,780
NM SLM CORP 5.75 29	200,000	193,114
NORFLOK SOUTHERN CORP 3.85 24	948,559	916,834
NORFOLK SOUTHERN CORP	263,650	250,433
NORTHERN TRUST CORP 3.15 29	554,761	538,700
NORTHERN TRUST CPRP 3.95 25	263,518	273,335
NORTHROP GRUMMAN CORPORATION 2.93%	1,166,022	1,302,588
NOVARTIS CAPITAL CORP 2.2% 08/14/2030 SR LIEN	364,522	370,789
NUCOR 4.125 22	245,665	254,083
ORACLE CORP 02650% JUL 15 2026	270,453	257,060
PENNSYLVANIA ECONOMIC DEV 6.412 30	264,905	320,595
PEPSICO 2.625	265,695	263,193
PEPSICO INC 3 27	268,193	268,160
PFIZER INC 03.450% MAR 15 2029	296,170	275,353
PFIZER INC 3 26	253,175	268,873
PFIZER INC 3.0 26	251,325	268,873
PFIZER INC 3.4 24	257,533	264,840
PHILIP MORRIS	212,377	252,588
PHILIP MORRIS INTL INC 3.6 23	268,573	262,188
PNC BANK NA SER 3.25 28	553,756	537,620
PNC FINANCIAL SERVICES 2.6 26	255,778	261,518
PROCTER & GAMBLE 3.00	273,855	271,995
PROCTER & GAMBLE 3.1 23	258,943	259,915
PRUDENTIAL FINANCIAL INC 3.87 28	196,500	189,750
QUEST DIAGNOSTIC 2.95 30	265,143	260,043
QUEST DIAGNOSTIC 2.95 30	280,660	260,043
QUEST DIAGNOSTIC 3.5 25	257,210	263,953
REALTY INCOME CORP	413,436	404,738
REGIONS FINANCIAL CORP SEE B VAR% PERPETUAL	276,800	289,100
ROYALTY PHARMA PLC 1.2 25	299,280	293,808
SANTANDER UK GROUP HOLDINGS PL 3.571% 01/10/2023	552,077	535,225
SKYWORKS SOLUTIONS, INC 3.0 31	275,854	272,444
SOUTHERN CO 3.25 26	247,875	264,598
SRS CCD 3.75 26	433,027	418,969
STARBUCKS CORP 03.550% AUG 15 2029	274,655	273,293
STARBUCKS CORP 3.5 28	271,950	270,580
STATE STREET CORP 03 29	293,968	283,915
STATE STREET CORP 3.7 23	268,255	263,070
STATE STREET CORP GLB 02.650% MAY 19 2026	258,290	263,655
STATE STREET CORPORATION HYBRID	1,779,000	2,020,339
SUMITOMO MITSUI FINANCIAL GROUP 2.846% 2022	271,895	265,119
SYNCHRONY FINANCIAL 4.25 2024	307,712	296,610
TARGET 2.650 30	285,430	262,318
TARGET CORP 3.375 29	559,142	548,120
THE GOLDMAN SACHS GROUP 5.50% SERIES J PERPETUAL	264,796	255,243
THERMO FISHER SCIENTIFIC 2.6 29	250,270	260,078
THOMOSON REUTERS 3.35 26	420,375	411,967
TIME WARNER 6.95 28	198,891	248,664
TIME WARNER INC 3.600 25	269,385	262,073
TORONTO-DOMINION BANK (THE) MTN 0.75% 09/11/2025	698,047	681,590
TOTAL SYSTEM SERVICES 4.8 26	384,140	375,420
TOYOTA MOTOR CREDIT CORP MTN 3.45% 23	1,497,060	1,567,635
TYSON FOODS 7 28	204,566	246,662
U.S. BANCORP SER L NON-CUM PFD STK 3.75% PERPETUAL	500,000	479,200
UNION PACIFIC CORP 2.95 23	264,345	254,368
UNITED HEALTH GROUP 2.00 30	252,855	248,455
UNITED HEALTH GROUP 3.375 27	263,283	271,033
UNITED PARCEL SERVICE 2.45 22	254,780	253,605
UNITED TECHNOLOGIES CORP 3.125 27	257,488	265,565
UNITEDHEALTH GROUP INC 3.1 26	252,500	267,358
US BANCORP 3.10 26	515,099	528,635
US BANCORP 3.15 27	258,233	267,848
VENTAS RLTY LTD PARTNERS COMPANY 4 28	272,083	276,813
VERIZON COMMUNICATIONS 0.75 24	214,987	214,157
VERIZON COMMUNICATIONS 4.125 27	533,300	555,775
VERIZON COMMUNICATIONS, INC. 1.75% 01/20/2031	268,772	255,836
VERIZON MARYLAND 5.125 33	170,776	236,078
VIACOM 5.5 33	465,627	622,725
VIACOM INC VAR% FEB 28 2057	52,214	49,860
WALGREEN CO 3.1 22	259,620	254,258
WALMART INC 03.250% JUL08 2029	288,750	274,993
WALMART INC 2.375 29	278,130	261,043
WALMART INC GLB 03.700% JUN 26 2028	279,950	280,080
WALMART STORES INC 3.3 24	533,263	524,200
WALT DISNEY COMPANY 2.35 22	257,300	253,260
WALT DISNEY COMPANY 2.55 22	249,990	250,648
WALT DISNEY COMPANY 3.15 25	258,213	265,598
WASTE MANAGEMENT INC 1.5% 03/15/2031	249,408	235,665
WASTE MANAGEMENT INC 2.9 22	254,553	252,940
WELLS FARGO & CO 3.3 24	258,980	262,930
WELLS FARGO & CO 4.1 26	266,603	272,618
WELLS FARGO & COMPANY HYBRID MTN 10/30/2030	700,000	728,413
WELLS FARGO & COMPANY MTN 3.75 24	1,108,181	1,103,361
WELLS FARGO 3.55 25	254,685	266,518
WELLS FARGO COMPANY 5.85% NON-CUM PERPETUAL	102,765	103,811
WHIRLPOOL CORP 3.7 25	252,959	266,763
WHIRLPOOL CORP 4 24	261,185	264,963
ZOETIS INC. 3.25% 02/01/2023	1,131,945	1,171,931
BLACKROCK ESG CAP	500,000	466,250
BLACKROCK MID CAP GROWTH	275,000	0
BOEING COMPANY 1.167 23	145,000	145,019
BROADCOM INC 4.7 25	268,549	257,034
BUNGE LIMITED FINANCE CORP 3.25 26	259,764	253,291
CATERPILLAR INC 2.6 30	267,533	260,773
COCA-COLA 2.00 31	252,973	249,450
DOW CHEMICAL 4.8	298,153	291,818
ENERGY TRANSFER PARTNERS 4.2 27	404,880	396,069
FIRST REPUBLIC BANK	500,000	520,000

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

LAW FOUNDATION INC

EIN:

22-3074635

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ALEXANDRIA ESTATE EQUITIES INC	20,606	25,417
AMAZON.COM INC	420,464	416,793
APPLE INC.	457,129	669,794
ARTISAN INTERNATIONAL FUND	2,527,961	2,635,889
BLACKSTONE MORTGAGE TRUST INC	26,791	31,569
BNP PARIBAS LINKED TO S&P 500 INDEX	235,000	287,711
BOSTON PROPERTIESREIT	229,522	230,360
BRANDYWINE REALTY TRUST NEW	32,885	40,233
CANADIAN IMPERIAL BANK OF COMM LINKED TO S&P 500	85,000	92,355
CANADIAN IMPERIAL BANK OF COMM LINKED TO S&P 500 3690.01	180,000	207,131
CAPITAL ONE FINANCIAL	84,269	290,180
CHEVRON CORP	91,540	117,350
CHEVRON CORPORATION	116,940	117,350
CITIGROUP INC 7.125 PFD	500,000	547,200
CREDIT SUISSE AG LINKED TO S&P 500 INDEX	125,000	138,763
CROWN CASTLE INTL CORP	83,087	107,084
DIGITAL REALTY TRUST, INC. PFD USD1.3125 SERIES J	68,957	67,600
DOUGLAS EMMETT INC	125,400	134,000
EXXON MOBIL	387,339	367,140
FACEBOOK, INC.	10,873	13,454
GENERAL MILLS	87,457	134,760
HEALTHCARE REALTY TRUST INC	51,951	48,567
HEALTHPEAK PPTYS INC	87,000	180,450
HEALTHPEAK PROPERTIES INC CMN	71,101	85,353
HIGHWOODS PROPERTIES INC	52,745	60,910
HOME DEPOT INC	229,280	249,006
HOME DEPOT INC	123,699	124,503
HUDSON PACIFIC PROPERTIES, INC PFD USD1.1875(4.75%) SERIES	23,148	24,264
INTL BUSINESS MACHINES CORP	4,431,482	4,196,924
INTRICON CORPORATION	500,885	622,545
ISHARES RUSSELL 1000	752,360	755,685
ISHARES RUSSELL 1000	400,773	419,825
ISHARES RUSSELL 2000	737,340	689,595
ISHARES RUSSELL 2000	400,118	411,533
JBG SMITH PROPERTIES	2,102,231	1,677,927
JOHNSON & JOHNSON	45,449	119,749
JOHNSON AND JOHNSON	84,405	222,391
JOHNSON CONTROLS INTERNATIONAL	100,942	247,589
JP MORGAN CHASE & CO	216,920	205,855
JP MORGAN CHASE & CO	120,178	118,763
JPMORGAN CHASE & CO	122,000	158,350
JPMORGAN CHASE & CO. LINKED TO S&P 500 3385.51	109,000	128,086
JPMORGAN CHASE & CO. LINKED TO S&P 500 4360.03	122,000	127,868
KIMBERLY CLARK	92,776	142,920
KKR REAL ESTATE FINANCE TRUST	36,511	42,722
KYNDRYL HOLDINGS INC CMN (KD)	114,978	113,668
METLIFE INC NON-CUM PFD STK SER F 04.75% PERPETUAL	250,000	266,800
MGM GROWTH PROPERTIES LLC CMN CLASS A	51,118	83,743
MICROSOFT CORP	143,565	1,681,600
MICROSOFT CORPORATION	472,640	719,725
MORGAN STANLEY FINANCE LLC LINKED TO S&P 500 INDEX	123,000	146,751
MORGAN STANLEY FINANCE LLC LINKED TO S&P 500 INDEX 4155.86	148,000	158,020
NVENT ELECTRIC PUBLIC LIMITED	48,120	76,000
NVIDIA CORPORATION	104,305	217,641
OMEGA HEALTHCARE INVESTORS INC	72,144	63,263
PEBBLEBROOK HOTEL TRUST PFD 6.3750 SERIES F	65,572	66,035
PENNYMAC MTG INVT IR CMN CTSY MERRILL LYNCH	39,838	45,058
PENTAIR PLC	77,960	146,060
PEPSICO INC	213,631	225,823
PEPSICO INC	121,743	130,283
PFIZER	47,173	118,100
PFIZER	70,759	177,150
PRUDENTIAL FINANCIAL INC	548,361	1,082,400
PS BUSINESS PARKS INC SER U 5.2 PFD SER Y	107,696	109,136
PUBLIC SERVICE ENT GROUP	50,000	165,757
PUBLIC STORAGE PFD USDO.9588(3.88%) SERIES N	126,315	126,554
REGIONS FINANCIAL CORPORATION	19,860	21,776
REXFORD INDUSTRIAL REALTY, INC PFD .4688	79,201	82,160
RLJ LODGING TRUST CONV PFD USD1.9500	26,392	29,134
ROYAL BANK OF CANADA LINKED TO S&P 500	92,000	94,171
SECTOR OPPRUTUNIITIES	245,285	572,640
SL GREEN REALTY CORP SER I 6.5 PFD	58,634	60,542
SOCIETE GENERALE LINKED TO S&P 500 INDEX 4471.37	11,000	11,317
SPDR S&P 500 ETF TRUST	981,146	997,416
SPDR S&P 500 ETF TRUST	545,660	569,952
STAG INDUSTRIAL, INC.	34,550	53,907
TESLA, INC.	34,598	79,259
THE BANK OF NOVA SCOTIA LINKED TO S&P 500 INDEX 3152.05	136,000	164,968
THE BANK OF NOVA SCOTIA LINKED TO S&P 500 INDEX 4574.79	138,000	138,718
TORONTO DOMINION BANK LINKED TO S&P 500 INDEX 2868.44	114,000	144,244
TORONTO DOMINION BANK LINKED TO S&P 500 INDEX 3225.52	121,000	148,951
TRAVELERS COMPANIES	100,000	538,588
UBS AG LINKED TO S&P 500 INDEX 4185.47	139,000	150,454
UBS AG LINKED TO S&P 500 INDEX 4369.21	128,000	133,043
URBAN EDGE PROPERTIES	1,177,647	1,110,436
VENTAS, INC. CMN CTSY WRP INVESTMENTS CRP	65,708	67,581
VISA INC CL A	531,925	541,775
VORNADO REALTY TRUST	7,872,407	4,892,932
VORNADO REALTY TRUST SER M 5.25 PFD	89,299	91,939
WELLS FARGO COMPANY 5.85 PFD	500,000	535,800
WP CAREY INC	55,774	71,137
BLACKROCK MID CAP GROWTH	500,000	752,768
CITIGROUP INC. LINKED TO S&P 500 INDEX BUFFERED CAPPED 4668.67	94,000	94,620
COSTCO WHOLESALE CRP DEL	208,100	227,080
COSTCO WHOLESALE CRP DEL	121,812	130,571
COUSINS PROPERTIES INCORPORATE	45,443	50,229
CUBESMART CMN	27,799	41,430
DISNEY WALT CO COM STK	206,780	201,357
DISNEY WALT CO COM STK	116,734	123,912
DUKE REALTY CORPORATION	20,473	29,079
EQUITY LIFESTYLE PROPERTIES	20,600	26,123
EQUITY RESIDENTIAL CMN	47,967	56,472

- TIN:

TY 2021 InvestmentsGovtObligationsSch

Name:

LAW FOUNDATION INC

EIN:

22-3074635

US Government Securities - End of Year Book Value:

1,097,258

US Government Securities - End of Year Fair Market Value:

1,206,635

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

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

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

LAW FOUNDATION INC

EIN:

22-3074635

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
AIR LEASE CORPORATION PFD USD1.5375(6.15%) SERIES A	AT COST	10,000	10,363
ALLY FINANCIAL INC. HYBRID PERPETUAL SER B JRSUB LIEN 4.7%	AT COST	40,000	41,500
ALLY FINANCIAL INC. HYBRID PERPETUAL SER C JRSUB LIEN 4.7%	AT COST	24,050	24,739
AMERICAN EXPRESS COMPANY HYBRID PERPETUAL JRSUB LIEN CPN 08/03/21 3.55%	AT COST	40,000	40,070
AMEX HEALTH CARE SELECT SECTOR 'SPDR' FUND	AT COST	1,796,848	2,269,738
AT&T INC. PFD 5 SERIES A	AT COST	15,581	16,750
AT&T INC. PFD 5 SERIES C	AT COST	1,482	1,471
BANK OF AMERICA CORP. HYBRID PERPETUAL USD SER JJ	AT COST	13,875	15,694
BANK OF AMERICA CORPORATION HYBRID PERPETUAL USD SER AA	AT COST	52,875	54,188
BANK OF AMERICA CORPORATION HYBRID PERPETUAL USD SER DD	AT COST	26,875	28,125
BANK OF AMERICA CORPORATION HYBRID PERPETUAL USD SER FF	AT COST	24,031	27,813
BANK OF NEW YORK MELLON CORPOR HYBRID PERPETUAL SER G	AT COST	30,000	30,675
BANK OF NEW YORK MELLON CORPOR HYBRID PERPETUAL SER H	AT COST	30,000	32,003
BANK OF NOVA SCOTIA (THE) HYBRID PERPETUAL SUB LIEN	AT COST	10,525	10,716
BLACKROCK GLOBAL ALLOCATIONS	AT COST	891,094	973,413
BNSF FUNDING TRUST I HYBRID 12/15/2055 TR PFD SECS	AT COST	27,188	27,719
CAPITAL ONE FINANCIAL CORP PFD USD1.2500 SERIES I	AT COST	16,250	17,388
CENTERPOINT ENERGY, INC HYBRID PERPETUAL USD SER A	AT COST	50,875	52,000
CHARLES SCHWAB CORPORATION HYBRID PERPETUAL SER G	AT COST	35,000	38,150
CHARLES SCHWAB CORPORATION HYBRID PERPETUAL SER H	AT COST	10,000	10,100
CITIGROUP INC. HYBRID PERPETUAL SER T CPN 6.25	AT COST	24,875	28,195
CITIGROUP INC. HYBRID PERPETUAL SER W CPN 4	AT COST	10,000	10,075
CITIGROUP INC. HYBRID PERPETUAL USD DE	AT COST	49,463	51,500
CITIGROUP INC. HYBRID PERPETUAL USD SER P SUB LIEN	AT COST	19,100	21,400
CITIZENS FINANCIAL GROUP, INC. PFD 5.0000 SERIES E	AT COST	16,250	17,206
CITIZENS FINANCIAL GROUP, INC. PFD USD1.5875 SER D	AT COST	9,575	10,559
CMS ENERGY CORPORATION HYBRID 06/01/2050 JRSUB LIEN	AT COST	5,200	5,438
CMS ENERGY CORPORATION HYBRID 12/01/2050 JRSUB LIEN	AT COST	5,000	4,913
DISCOVER FINANCIAL SERVICES HYBRID PERPETUAL SER D	AT COST	30,000	33,075
DOMINION ENERGY, INC. HYBRID PERPETUAL SER B	AT COST	25,000	26,063
DUKE ENERGY CORPORATION HYBRID PERPETUAL	AT COST	30,400	31,125
DUKE ENERGY CORPORATION PFD 5.7500 SERIES A	AT COST	15,250	16,745
EMERA INCORPORATED HYBRID 06/15/2076 USD SER 16-A	AT COST	25,620	28,750
ENBRIDGE INC. HYBRID 07/15/2080 SER 20-A	AT COST	15,000	16,650
ENERGY TRANSFER, LP FRN 11/01/2066 USD SER B	AT COST	16,000	16,000
EQUITABLE HOLDINGS, INC. HYBRID PERPETUAL SER B	AT COST	10,000	10,475
FEDERATED HERMES INSTITUTIONAL HIGH YIELD BOND FUND INSTITUTIONAL	AT COST	1,065,127	1,102,419
FIFTH THIRD BANCORP HYBRID PERPETUAL SER L JRSUB LIEN	AT COST	40,000	42,350
GENERAL MOTORS FINANCIAL COMPA HYBRID PERPETUAL SER B	AT COST	22,375	27,653
GS HIGH YIELD FLOATING RATE FUND CLASS P	AT COST	965,606	1,157,819
GS HIGH YIELD FUND CLASS P	AT COST	987,725	1,019,530
GS MEZZANINEPARTNERS V	AT COST	18,325	0
GS MLP ENERGY INFRASTRUCTURE	AT COST	4,126,352	2,405,288
GS SHORT DURATION INCOME FUND CLASS P	AT COST	4,416,567	4,437,811
GS TACTICAL TILT IMPLEMENTATION	AT COST	4,538,799	4,608,487
HUNTINGTON BANCSHARES INCORPOR HYBRID PERPETUAL SER G	AT COST	35,394	36,969
ISHARES RUSSELL 2000 ETF AVG.PRICE IN ACCORD WITH THE CLIENT'S INSTRUCTIONS	AT COST	2,992,254	2,780,625
ISHARES TRUST - ISHARES SELECT DIVIDEND	AT COST	3,252,224	3,298,897
JPMORGAN CHASE & CO. HYBRID PERPETUAL SER FF CPN 5	AT COST	31,191	30,825
JPMORGAN CHASE & CO. HYBRID PERPETUAL SER KK JRSUB LIEN CPN 05/12/21 3.65%	AT COST	69,000	68,828
JPMORGAN CHASE & CO. HYBRID PERPETUAL USD SER	AT COST	52,938	54,194
JPMORGAN CHASE & CO. HYBRID PERPETUAL USD SER X	AT COST	25,938	26,375
KEYCORP HYBRID PERPETUAL USD DE	AT COST	22,500	27,031
KEYCORP PFD USD1.5313 (6.13%) SERIES E	AT COST	31,241	37,679
KKR ASIAN FUND	AT COST	3,657,222	3,657,222
KKR GLOBAL FAMILY INVESTMENT	AT COST	1,141,375	1,141,375
KKR GROUP FINANCE CO IX LLC PFD	AT COST	20,700	21,652
KKR LENDING PARTNERS EUROPE	AT COST	9,135,220	9,135,220
LIBERTY HARBOR SPV II LTD	AT COST	6,490	0
M&T BANK CORPORATION HYBRID PERPETUAL USD SER E	AT COST	26,375	26,813
M&T BANK CORPORATION HYBRID PERPETUAL USD SER E CPN 3.5	AT COST	30,285	29,394
MARKEL CORPORATION HYBRID PERPETUAL JRSUB LIEN	AT COST	10,000	10,963
METLIFE, INC. HYBRID PERPETUAL SER G JRSUB LIEN	AT COST	25,250	25,500
METLIFE, INC. HYBRID PERPETUAL USD SER D CPN 5.875	AT COST	49,125	56,194
MORGAN STANLEY HYBRID PERPETUAL SER M CPN 5.875	AT COST	33,013	39,461
MORGAN STANLEY HYBRID PERPETUAL USD SER H	AT COST	50,025	50,025
MORGAN STANLEY PFD USD1.71 88(6.88%)	AT COST	38,751	41,226
MSCI EAFE HEDGED EQUITY INDEX FUND	AT COST	1,925,812	2,714,539
NATIONAL RURAL UTILITIES 000PE HYBRID	AT COST	24,625	26,883
NORTHVOLT INVESTMENTS, SLP	AT COST	350,000	348,793
PARTNERRE FINANCE B LLC HYBRID 10/01/2050	AT COST	20,000	21,063
PNC FINANCIAL SVS GROUP INC HYBRID PERPETUAL USD SER O CPN 6.75	AT COST	59,238	58,070
PRIVATE EQUITY CO INVESTMENT	AT COST	256,975	1,120,568
PRIVATE EQUITY MANAGERS 2015	AT COST	469,990	1,028,340
PRIVATE EQUITY MANAGERS 2016	AT COST	644,559	1,280,789
PRIVATE EQUITY MANAGERS 2018	AT COST	607,211	776,523
PRIVATE EQUITY MANAGERS 2019	AT COST	1,080,600	1,439,562
PRIVATE EQUITY MANAGERS 2020	AT COST	292,273	312,803
PRIVATE EQUITY MANAGERS 2021	AT COST	30,600	28,774
PRUDENTIAL FINANCIAL, INC. HYBRID 06/15/2043 USD	AT COST	51,750	51,936
REGIONS FINANCIAL CORPORATION HYBRID PERPETUAL SER D	AT COST	5,000	5,475
REGIONS FINANCIAL CORPORATION PFD USD1.4250 SERIES C	AT COST	5,750	6,647
SCHWAB US DIV EQ ETF ETF AVG.PRICE IN	AT COST	3,252,422	3,327,367
SEMPRA ENERGY HYBRID 04/01/2052 CTSY MORGAN STANLEY	AT COST	27,000	27,368
SOUTHERN COMPANY (THE) HYBRID 01/15/2051 SER B	AT COST	15,000	15,338
SPDR S&P 500 ETF TRUST	AT COST	3,987,750	6,613,818
STATE STREET CORPORATION HYBRID PERPETUAL USD SER F	AT COST	17,021	17,040
STATE STREET CORPORATION PFD .3375 SERIES G	AT COST	29,067	34,332
SVB FINANCIAL GROUP HYBRID PERPETUAL SER C JRSUB LIEN CPN 05/13/21 4.0%	AT COST	45,625	45,255
SYNCHRONY FINANCIAL PFD USD1.4062(5.62%) SERIES A	AT COST	15,625	16,831
TCV XI ACCESS OFFSHORE LP	AT COST	83,017	78,102
THIRD POINT PARTNERS	AT COST	9,089,632	9,089,632
TRANSCANADA TRUST HYBRID 08/15/2076 USD SER 16-A	AT COST	25,000	27,313
TRUIST FINANCIAL CORPORATION HYBRID PERPETUAL SER Q	AT COST	25,000	27,887
TRUIST FINANCIAL CORPORATION HYBRID PERPETUAL USD SER N	AT COST	12,675	15,638
TRUIST FINANCIAL CORPORATION HYBRID PERPETUAL USD SER P	AT COST	5,000	5,364
VANGUARD HIGH DIVIDEND YIELD E (VANGUARD	AT COST	3,251,268	3,298,837
VANGUARD SPECIALIZED PORTFOLIO VANGUARD	AT COST	3,251,373	3,351,701
VINTAGE VII AIV	AT COST	60,116	0
VINTAGE VII LP	AT COST	437,563	956,447
VINTAGE VIII OFFSHORE	AT COST	562,420	1,280,538
VODAFONE GROUP PUBLIC LIMITED HYBRID 04/04/2079 USD	AT COST	12,158	12,098
VOYA FINANCIAL, INC. HYBRID 05/15/2053	AT COST	48,000	51,688
VOYA FINANCIAL, INC. HYBRID PERPETUAL DE	AT COST	48,688	51,974
WELLS FARGO & COMPANY HYBRID PERPETUAL JRSUB LIEN CPN 01/26/21 3.9% NEXT CAL	AT COST	45,120	46,238
WELLS FARGO & COMPANY HYBRID PERPETUAL USO SER U	AT COST	49,750	54,625
WEST STREET CAPITAL PARTNERS VII, LP	AT COST	1,637,061	3,051,310
WEST STREET CAPITAL PARTNERS VIII - PARALLEL, L.P.	AT COST	798,951	820,166
WEST STREET GLOBAL GROWTH PARTNERS	AT COST	260,000	251,083
WEST STREET STRATEGIC SOLUTIONS OFFSHORE FEEDER FUND I, LLC	AT COST	356,292	392,823
BP CAPITAL MARKETS P.L.C. HYBRID PERPETUAL USD CTSY	AT COST	27,023	26,813
CHARLES SCHWAB CORPORATION (TH HYBRID PERPETUAL SER I JRSUB LIEN CPN 03/18/2	AT COST	65,000	66,300
CITIGROUP INC. HYBRID PERPEFUAL CTSY 3.875	AT COST	40,150	40,000
DUKE ENERGY CORPORATION HYBRID 01/15/2082 JRSUB LIEN CPN 09/28/21 3.25%	AT COST	14,000	13,658
EDISON INTERNATIONAL HYBRID PERPETUAL CTSY DAIN	AT COST	20,694	20,952

- TIN:

TY 2021 OtherDecreasesSchedule

Name:

LAW FOUNDATION INC

EIN:

22-3074635

Description	Amount
PARTNERSHIP ADJUSTMENT	6,055,602

- TIN:

TY 2021 OtherExpensesSchedule

Name:

LAW FOUNDATION INC

EIN:

22-3074635

Description	Revenue and Expenses per Books	Net Investment Income
INVESTMENT & TRANSFER FEES	510	510
OTHER PARTNERSHIP DEDUCTIONS	153,296	153,296
LESS: AMOUNT ATTRIBUTABLE TO UBI	0	-59,395
ACCRUED INTEREST	57,880	57,880
MISCELLANEOUS EXPENSE	31	31
INVESTMENT INTEREST EXPENSE	104,005	104,005

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

LAW FOUNDATION INC

EIN:

22-3074635

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER PARTNERSHIP INCOME	4,825,280	4,825,280	4,825,280
LESS: AMOUNT ATTRIBUTABLE TO UBI (LOSS)		-1,294,601
OTHER INCOME	6,301	6,301	6,301

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

LAW FOUNDATION INC

EIN:

22-3074635

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES	355,631	355,631		0

- TIN:

TY 2021 TaxesSchedule

Name:

LAW FOUNDATION INC

EIN:

22-3074635

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL TAX	24,788	0		0
FOREIGN TAXES	815	815		0