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
THE GOLDSTONE FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)445 MAIN STREET
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RIDGEFIELD, CT06877
A Employer identification number

06-1596255
B Telephone number (see instructions)

(203) 438-5588
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$25,701,529
J 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 15,909 15,909  
4 Dividends and interest from securities... 299,736 299,736  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 787,537
b Gross sales price for all assets on line 6a 3,684,339
7 Capital gain net income (from Part IV, line 2)... 787,537
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)....... 2,008,964 2,008,964  
12 Total. Add lines 1 through 11........ 3,112,146 3,112,146  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 75,000 0   75,000
15 Pension plans, employee benefits....... 15,000 0   15,000
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 13,500 0   12,500
c Other professional fees (attach schedule).... 91,816 0   91,816
17 Interest............... 97 97   0
18 Taxes (attach schedule) (see instructions)... 34,290 5,231   10,098
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 42,840 0   42,840
21 Travel, conferences, and meetings....... 395 0   395
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 85,040 52,101   32,939
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 357,978 57,429   280,588
25 Contributions, gifts, grants paid....... 743,788 743,788
26 Total expenses and disbursements. Add lines 24 and 25 1,101,766 57,429   1,024,376
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,010,380
b Net investment income (if negative, enter -0-) 3,054,717
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......... 3,192,867 4,148,820 4,148,820
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) bullet400,000
Less: allowance for doubtful accounts bullet0 400,000 400,000 400,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 10,803,113 Click to see attachment12,869,027 12,869,027
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 7,389,915 Click to see attachment8,283,682 8,283,682
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) 21,785,895 25,701,529 25,701,529
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........... 21,785,895 25,701,529
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........    
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)..... 21,785,895 25,701,529
30 Total liabilities and net assets/fund balances (see instructions). 21,785,895 25,701,529
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
21,785,895
2
Enter amount from Part I, line 27a .....................
2
2,010,380
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,905,254
4
Add lines 1, 2, and 3 ..........................
4
25,701,529
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
25,701,529
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 FIDELITY 4535 P   2021-09-24
b FIDELITY 4535 P   2021-12-31
c FIDELITY 4535 P   2021-12-31
d FIDELITY 4535 P   2021-12-31
e FIDELITY 6870 P   2021-12-31
SILVERPOINT P   2021-12-31
FROM K-1 -LANDMARK INFRASTRUCTURES PARTNERS LP     2021-12-31
FROM K-1 SERIES INSTITUTIONAL OF METROPOLITAN PARTNERS FUND IV LLC P   2021-12-31
FROM K-1 SERIES INSTITUTIONAL OF METROPOLITAN PARTNERS FUND IV LLC P   2021-12-31
FROM K-1 MPF IV GP LLC P   2021-12-31
FROM K-1 MPF IV GP LLC P   2021-12-31
FROM K-1 - GS CAPITAL PARTNERS VI PARALLEL LP P   2021-12-31
LANDMARK - DISPOSAL     2021-12-31
FROM K-1 - GS MEZZANINE PARTNERS 2006 OFFSHORE LP P   2021-12-31
(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 13,888     13,888
b 533,412   457,280 76,132
c 2,610,841   1,909,894 700,947
d 806     806
e 148,124   129,317 18,807
    381,969 -381,969
61,224     61,224
    27 -27
38,295     38,295
    2 -2
2,149     2,149
19,705     19,705
254,386   18,313 236,073
1,509     1,509
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       13,888
b       76,132
c       700,947
d       806
e       18,807
      -381,969
      61,224
      -27
      38,295
      -2
      2,149
      19,705
      236,073
      1,509
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 2 787,537
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 42,461
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 42,461
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 50,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 989
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 6,550
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet6,550 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, DE
    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 ofbulletSTEVEN F GOLDSTONE Telephone no.bullet (203) 438-5588

    Located atbullet445 MAIN STREETRIDGEFIELDCT ZIP+4bullet06877
    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
    STEVEN F GOLDSTONE CO BEVERLY CHASE DIRECTOR, PRESIDENT & TREA
    10.00
    0 0 0
    445 MAIN STREET
    RIDGEFIELD,CT06877
    ELIZABETH GOLDSTONE CO BEVERLY CHAS DIRECTOR, VP, SECRETARY
    10.00
    0 0 0
    445 MAIN STREET
    RIDGEFIELD,CT06877
    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
    KERRI GLASS MANAGER
    40.00
    75,000 0 0
    187 FARMINGVILLE ROAD
    RIDGEFIELD,CT06877
    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
    12,425,121
    b
    Average of monthly cash balances.......................
    1b
    4,208,747
    c
    Fair market value of all other assets (see instructions)................
    1c
    8,072,711
    d
    Total (add lines 1a, b, and c).........................
    1d
    24,706,579
    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
    24,706,579
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    370,599
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    24,335,980
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,216,799
    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
    1,216,799
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    42,461
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    42,461
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,174,338
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,174,338
    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
    1,174,338
    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 1,174,338
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 957,104
    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: bullet$ 1,024,376
    a Applied to 2020, but not more than line 2a 957,104
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    Click to see attachment0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2021 distributable amount..... 67,272
    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 ..........
    1,107,066
    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)
    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).)
    STEVEN F GOLDSTONE CO BEVERLY CHASE
    ELIZABETH GOLDSTONE CO BEVERLY CHAS
    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
    A BETTER CHANCE IN RIDGEFIELD INC
    PO BOX 1044
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 1,000
    ABILITY BEYOND
    4 BERKSHIRE BLVD
    BETHEL,CT06801
    NONE PUBLIC CHARITY GENERAL USE 1,000
    ACT OF CONNECTICUT THEATRE
    36 OLD QUARRY ROAD
    RIDGEFIELD,CT06437
    NONE PUBLIC CHARITY GENERAL USE 10,500
    AMERICAN CANCER SOCITY
    3380 CHASTAIN MEADOWS PKWY NW STE
    200
    KENNESAW,GA30144
    NONE PUBLIC CHARITY GENERAL USE 100
    ANIMAL KIND INC
    721 WARREN STREET
    HUDSON,NY12534
    NONE PUBLIC CHARITY GENERAL USE 100
    ANN'S PLACE
    80 SAW MILL RD
    DANBURY,CT06810
    NONE PUBLIC CHARITY GENERAL USE 1,000
    ARTS BUSINESS COLLABORATIVE
    3802 61ST STREET
    WOODSIDE,NY11377
    NONE PUBLIC CHARITY GENERAL USE 1,000
    BARD COLLEGE
    30 CAMPUS ROAD
    HUDSON,NY12504
    NONE PUBLIC CHARITY GENERAL USE 3,500
    CAMDEN ARTS CENTRE
    1 HARBOUR BOULEVARD
    CAMDEN,NJ08103
    NONE PUBLIC CHARITY GENERAL USE 4,000
    CARDIGAN MOUNTAIN SCHOOL
    6200 ALUMNI DRIVE
    CANAAN,NH03741
    NONE PUBLIC CHARITY GENERAL USE 250
    CENTER FOR ADVANCEMENT IN CANCER EDUCATION
    300 E LANCASTER AVE SUITE 100
    WYNNEWOOD,PA19096
    NONE PUBLIC CHARITY GENERAL USE 1,000
    CHIRP
    400 MAIN STREET
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 500
    CHRIS HENRY AND ROYAL FAMILY PROD
    145 WEST 46TH STREET 3RD FLOOR
    NEW YORK,NY10036
    NONE PUBLIC CHARITY GENERAL USE 20,000
    CIRCLE OF TAPAWINGO
    5124 HOLYROOD ROAD
    PITTSBURGH,PA15213
    NONE PUBLIC CHARITY GENERAL USE 500
    COBBOSSEECONTEE YACHT CLUB
    PO BOX 17
    MANCHESTER,ME04351
    NONE PUBLIC CHARITY GENERAL USE 75,250
    COMPASSIONATE RIDGEFIELD
    24 BAILEY AVENUE
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 5,000
    CONNECTICUT FOOD BANK
    PO BOX 8686
    NEW HAVEN,CT06531
    NONE PUBLIC CHARITY GENERAL USE 500
    CREATIVE CAPITAL
    65 BLEECKER ST 7TH FL
    NEW YORK,NY10012
    NONE PUBLIC CHARITY RESTRICTED 500
    DANBURY HOSPITAL CAREGIVER CENTER
    24 HOSPITAL AVENUE
    DANBURY,CT06810
    NONE PUBLIC CHARITY GENERAL USE 200,971
    DOWNTOWN RIDGEFIELD - HOLIDAY STROLL
    400 MAIN ST
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 1,000
    ETHEL WALKER SCHOOL
    230 BUSHY HILL ROAD
    SIMSBURY,CT06070
    NONE PUBLIC CHARITY GENERAL USE 250
    EVERYTOWN FOR GUN SAFETY SUPPORT FUND
    PO BOX 3886
    NEW YORK,NY10163
    NONE PUBLIC CHARITY GENERAL USE 1,000
    FAMILY FACETIME PROJECT
    195 DANBURY RD
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 280
    FAMILY FUND
    195 DANBURY RD
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 550
    FAMILY REENTRY INC
    9 MOTT AVE STE 104
    NORWALK,CT06850
    NONE PUBLIC CHARITY GENERAL USE 250
    FOUNDERS HALL
    2504 9TH AVENUE
    KEARNEY,NE68845
    NONE PUBLIC CHARITY GENERAL USE 14,250
    FRIENDS OF COBBOSSEE WATERSHED
    51 SEWALL ST
    AUGUSTA,ME04330
    NONE PUBLIC CHARITY GENERAL USE 350
    FRIENDS OF KAREN
    118 TITICUS RD
    NORTH SALEM,NY10560
    NONE PUBLIC CHARITY GENERAL USE 526
    GRACE FARMS FOUNDATION
    365 LUKES WOOD RD
    NEW CANAAN,CT06840
    NONE PUBLIC CHARITY GENERAL USE 1,000
    GROOVE WITH ME
    186 E 123RD ST 2
    NEW YORK,NY10035
    NONE PUBLIC CHARITY GENERAL USE 25,000
    HARBOR CAMPS
    PO BOX 431314
    MIAMI,FL33243
    NONE PUBLIC CHARITY GENERAL USE 1,500
    HEART OF THE HAMPTONS
    168 HILL ST
    SOUTHHAMPTON,NY11968
    NONE PUBLIC CHARITY GENERAL USE 5,000
    HOLY CROSS HOSPITAL
    1500 FOREST GLEN RD
    SILVER SPRING,MD20910
    NONE PUBLIC CHARITY GENERAL USEGENERAL USE 500
    HOUSATONIC HABITAT FOR HUMANITY
    51 AUSTIN ST
    DANBURY,CT06810
    NONE PUBLIC CHARITY RESTRICTED 2,500
    KEELER TAVERN MUSEUM
    132 MAIN STREET
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 1,000
    KENNEBEC LAND TRUST
    134 MAIN ST STE 2B
    WINTHROP,ME04364
    NONE PUBLIC CHARITY GENERAL USE 500
    KIDS IN CRISIS
    1 SALEM ST
    COS COB,CT06807
    NONE PUBLIC CHARITY GENERAL USE 500
    KNOX COUNTY HOMELESS SHELTER
    169 OLD COUNTRY RD
    ROCKPORT,ME04856
    NONE PUBLIC CHARITY GENERAL USE 500
    LEGAL AID
    999 ASYLUM AVE
    HARTFORD,CT06105
    NONE PUBLIC CHARITY GENERAL USE 2,000
    MAHLER FOUNDATION
    1362 PACIFIC AVENUE SUITE 217
    SANTA CRUZ,CA95060
    NONE PUBLIC CHARITY GENERAL USE 5,000
    MAINE STATE MUSIC
    22 ELM ST
    BRUNSWICK,ME04011
    NONE PUBLIC CHARITY GENERAL USE 10,000
    MARC COMMUNITY RESOURCES INC
    924 N COUNTRY CLUB DRIVE
    MESA,AZ85201
    NONE PUBLIC CHARITY GENERAL USE 15,000
    NEW YORK CITY BALLET
    20 LINCOLN CENTER
    NEW YORK,NY10023
    NONE PUBLIC CHARITY GENERAL USE 250
    NORTHERN WESTCHESTER HOSPITAL
    400 E MAIN ST
    MT KISCO,NY10549
    NONE PUBLIC CHARITY GENERAL USE 500
    NORWALK OPEN DOOR SHELTER
    4 MERRITT STREET
    NORWALK,CT06854
    NONE PUBLIC CHARITY GENERAL USE 250
    PROSPECTS OPPORTUNITY AND ENRICHMENT
    454 MAIN STREET
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 20,000
    REGIONAL HOSPICE AND HOME CARE
    30 MILESTONE RD
    DANBURY,CT06810
    NONE PUBLIC CHARITY GENERAL USE 2,500
    RIDGEFIELD COMMUNITY CENTER
    316 MAIN STREET
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 10,864
    RIDGEFIELD HISTORICAL SOCIETY
    4 SUNSET LANE
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 11,500
    RIDGEFIELD INDEPENDENT FILM FESTIVAL
    80 EAST RIDGE ROAD
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 2,500
    RIDGEFIELD LIBRARY ASSOC
    472 MAIN STREET
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 9,250
    RIDGEFIELD MEALS ON WHEELS
    25 GILBERT ST 1
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 1,000
    RIDGEFIELD PLAYHOUSE
    80 EAST RIDGE ROAD
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 5,500
    RIDGEFIELD ROTARY
    PO BOX 41
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 500
    RIDGEFIELD SOCIAL SERVICES
    400 MAIN ST
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY NGENERAL USE 2,500
    RIDGEFIELD SYMPHONY ORCHESTRA
    90 E RIDGE RD 5
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 1,000
    RONALD MCDONALD HOUSE
    110 N CARPENTER STREET
    CHICAGO,IL60607
    NONE PUBLIC CHARITY GENRAL USE 1,000
    ROUNDABOUT THEATRE
    231 WEST 39TH STREET
    NEW YORK,NY10018
    NONE PUBLIC CHARITY GENERAL USE 25,000
    RUBY'S RAINBOW
    PO BOX 153095
    AUSTIN,TX78715
    NONE PUBLIC CHARITY GENERAL USE 100
    SAGE
    305 SEVENTH AVENUE 15TH FL
    NEW YORK,NY10001
    N/A PUBLIC CHARITY GENERAL USE 1,000
    SAINT ANN'S SCHOOL
    129 PIERREPONT STREET
    BROOKLYN HEIGHTS,NY11201
    NONE PUBLIC CHARITY GENERAL USE 500
    SANDY HOOK PROMISE FOUNDATION
    PO BOX 3489
    NEWTOWN,CT06470
    NONE PUBLIC CHARITY GENERAL USE 1,032
    SHELBURNE MUSEUM
    6000 SHELBURNE RD
    SHELBURNE,VT05482
    NONE PUBLIC CHARITY GENERAL USE 250
    SOCRATES SCULPTURE PARK
    3205 VERNON BOULEVARD
    QUEENS,NY11102
    NONE PUBLIC CHARITY GENERAL USE 5,000
    SPASTIC PARAPLEGIA
    4 SHERWOOD HILL RD
    SHERMAN,CT06784
    NONE PUBLIC CHARITY GENERAL USE 515
    SPECIAL OLYMPICS
    2666 STATE ST 1
    HAMDEN,CT06517
    NONE PUBLIC CHARITY GENERAL USE 300
    SPRAY BAY JOB TRAINING PROGRAM
    195 DANBURY RD
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 5,000
    ST JOHNLAND NURSING CENTER INC
    395 SUNKEN MEADOW RD
    KINGS PARK,NY11754
    NONE PUBLIC CHARITY GENERAL USE 250
    TEMPLE UNIVERSITY
    1801 N BROAD ST
    PHILADELPHIA,PA19122
    NONE PUBLIC CHARITY GENERAL USE 1,000
    TENNESSEE WILLIAMS THEATRE
    5901 COLLEGE RD
    KEY WEST,FL33040
    NONE PUBLIC CHARITY GENERAL USE 10,000
    THE ALDRICH MUSEUM
    258 MAIN STREET
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 15,000
    THE ALI FORNEY CENTER
    224 W 35TH STREET
    NEW YORK,NY10123
    N/A PUBLIC CHARITY GENERAL USE 1,000
    THE AUDRE LORDE PROJECT
    85 SOUTH OXFORD STREET
    BROOKLYN,NY11217
    N/A PUBLIC CHARITY GENERAL USE 1,000
    THE BOYS & GIRLS CLUB OF CT
    41 GOVERNOR ST
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 6,000
    THE CONNECTICUT HOSPICE INC
    2 TRAP FALLS RD EXT 40
    SHELTON,CT06484
    NONE PUBLIC CHARITY GENERAL USE 250
    THE CONSCIOUS KID
    9226 REGENTS RD APT L
    SAN DIEGO,CA92037
    N/A PUBLIC CHARITY GENERAL USE 1,000
    THE MARSHA P JOHNSON INSTITUTE
    PO BOX 5473
    RICHMOND,CA94805
    N/A PUBLIC CHARITY GENERAL USE 2,000
    THE RIDGEFIELD GUILD OF ARTISTS
    34 HALPIN LN
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 1,000
    THE SCHWARTZ CENTER
    100 CAMBRIDGE ST STE 2100
    BOSTON,MA02114
    NONE PUBLIC CHARITY GENERAL USE 250
    THE STUDIOS OF KEY WEST
    533 EATON ST
    KEY WEST,FL33040
    NONE PUBLIC CHARITY GENERAL USE 17,500
    THE TAFT SCHOOL
    110 WOODBURY ROAD
    WATERTOWN,CT06795
    N/A PUBLIC CHARITY GENERAL USE 1,250
    THE TOWN OF RIDGEFIELD SOCIAL SERVICES
    400 MAIN ST
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENRAL USE 500
    THE TREVOR PROJECT
    PO BOX 69232
    WEST HOLLYWOOD,CA90069
    N/A PUBLIC CHARITY GENERAL USE 1,000
    THEATRE AT MONMOUTH
    796 MAIN STREET
    MONMOUTH,ME04259
    NONE PUBLIC CHARITY GENERAL USE 1,000
    THIRTEEN
    825 EIGHTH AVENUE
    NEW YORK,NY10019
    NONE PUBLIC CHARITY GENERAL USE 600
    THROWN STONE THEATRE COMPANY
    440 MAIN ST
    RIDGEFIELD,CT06877
    NONE PUBLIC CHARITY GENERAL USE 1,500
    UNITED WAY KENNEBEC VALLEY
    121 COMMERCIAL STREET
    AUGUSTA,ME04330
    NONE PUBLIC CHARITY GENERAL USE 1,000
    UNIVERSITY OF PENNSYLVANIA
    423 GUARDIAN DRIVE 175
    PHILADELPHIA,PA19104
    NONE PUBLIC CHARITY RESTICTED 75,000
    UPSTREAM USA
    2 OLIVER ST
    BOSTON,MA02109
    NONE PUBLIC CHARITY GENERAL USE 5,000
    WESLEY HOUSE FAMILY SERVICES
    1100 VARELA STREET
    KEY WEST,FL33040
    NONE PUBLIC CHARITY GENERAL USE 250
    WHIDBEY ISLAND NOURISHES
    PO BOX 1642
    LANGLEY,WA98260
    NONE PUBLIC CHARITY GENERAL USE 1,000
    WILLIAMS HALL
    729 FLEMING STREET
    KEY WEST,FL33040
    N/A PUBLIC CHARITY GENERAL USE 70,000
    WOMEN FOR AFGHAN WOMEN
    PO BOX 670999
    FLUSHING,NY11367
    NONE PUBLIC CHARITY GENERAL USE 5,000
    WOMEN'S CENTER OF GREATER DANBURY
    2 WEST STREET
    DANBURY,CT06810
    NONE PUBLIC CHARITY GENERAL USE 1,000
    YELLOWHAMMER FUND
    PO BOX 1565
    TUSCALOOSA,AL35403
    NONE PUBLIC CHARITY GENERAL USE 500
    Total .................................bullet 3a 743,788
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........
        14 15,909  
    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 ............
        18 773,649  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aSILVER POINT CAPITAL OFFSHORE FUND, LTD.
        18 1,901,912  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 3,098,258 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,098,258
    (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:
    THE GOLDSTONE FAMILY FOUNDATION
    EIN:
    06-1596255
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 13,500 0   12,500

    TY 2021 AppliedToPriorYearElection
    Name:
    THE GOLDSTONE FAMILY FOUNDATION
    EIN:
    06-1596255
    Election:
    THE FOUNDATION ELECTS TO APPLY CURRENT YEAR EXCESS TO YEARS PRIOR TO 2018 PURSUANT TO TREAS. REG. SECTION 53.4942(A)-3(D)(2).

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE GOLDSTONE FAMILY FOUNDATION
    EIN:
    06-1596255
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FIDELITY INVESTMENTS #Z83-476870 4,160,317 4,160,317
    FIDELITY INVESTMENTS #Z85-514535 8,708,710 8,708,710

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE GOLDSTONE FAMILY FOUNDATION
    EIN:
    06-1596255
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GS CAPITAL PARTNERS VI PARALLEL, LP AT COST 51,053 51,053
    GS MEZZANINE PARTNERS 2006, LP AT COST 4,893 4,893
    SILVERPOINT CAPITAL OFFSHORE FUND AT COST 7,852,764 7,852,764
    SERIES INSTITUTIONAL OF METROPOLITAN PARTNERS FUND IV AT COST 365,086 365,086
    MPF IV GP LLC AT COST 9,886 9,886

    TY 2021 OtherExpensesSchedule
    Name:
    THE GOLDSTONE FAMILY FOUNDATION
    EIN:
    06-1596255
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TELEPHONE AND INTERNET 1,722 0   1,722
    PORTFOLIO AND OTHER K-1 DED 52,101 52,101   0
    BANK SERVICE FEES 786 0   786
    INSURANCE 8,982 0   8,982
    UTILITIES 2,762 0   2,762
    OFFICE EXPENSE 10,497 0   10,497
    REPAIRS 550 0   550
    POSTAGE 64 0   64
    MISCELLANEOUS 400 0   400
    ADVISOR FEES 5,197 0   5,197
    MEMBERSHIP FEES 225 0   225
    INVESTMENT FEES 1,754 0   1,754


    TY 2021 OtherIncomeSchedule2
    Name:
    THE GOLDSTONE FAMILY FOUNDATION
    EIN:
    06-1596255
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FROM K-1: GS CAPITAL PARTNERS VI PARALLEL -346 -346 -346
    FROM K-1 - GS MEZZANINE PARTNERS 2006 OFFSHORE LP 238 238 238
    FROM K-1 SERIES INSTITUTIONAL OF METROPOLITAN PARTNERS FUND 54,598 54,598 54,598
    FROM K-1 - MPF IV GP LLC 2,799 2,799 2,799
    OTHER INCOME 49,763 49,763 49,763
    SILVER POINT CAPITAL OFFSHORE FUND, LTD. 1,901,912 1,901,912 1,901,912


    TY 2021 OtherIncreasesSchedule
    Name:
    THE GOLDSTONE FAMILY FOUNDATION
    EIN:
    06-1596255
    Description Amount
    UNREALIZED GAIN/(LOSS) FROM INVESTMENTS 1,905,254


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE GOLDSTONE FAMILY FOUNDATION
    EIN:
    06-1596255
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING 91,816 0   91,816


    TY 2021 TaxesSchedule
    Name:
    THE GOLDSTONE FAMILY FOUNDATION
    EIN:
    06-1596255
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 5,231 5,231   0
    PAYROLL TAXES 6,064 0   6,064
    NEW YORK TAXES 250 0   0
    FEDERAL 17,453 0   0
    REAL ESTATE TAXES 1,258 0   0
    STATE TAXES 4,034 0   4,034