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 Bay and Paul Foundations Inc
 
% THE BAY AND PAUL FOUNDATIONS
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

13-1991717
B Telephone number (see instructions)

(800) 839-1754
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$33,659,644J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 14,741 14,741  
4 Dividends and interest from securities... 327,521 327,521  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 544,322
b Gross sales price for all assets on line 6a 15,094,060
7 Capital gain net income (from Part IV, line 2)... 544,322
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)....... Click to see attachment 3,537 3,537  
12 Total. Add lines 1 through 11........ 890,121 890,121  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages...... 273,430 13,672   259,759
15 Pension plans, employee benefits....... 77,361 3,868   73,493
16a Legal fees (attach schedule)......... Click to see attachment 16,112 0 0 16,112
b Accounting fees (attach schedule)....... Click to see attachment 18,400 18,400 0 0
c Other professional fees (attach schedule).... Click to see attachment 120,522 84,990   38,173
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 11,010      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 36,255 1,813   34,442
21 Travel, conferences, and meetings....... 724 36   688
22 Printing and publications.......... 118 6   112
23 Other expenses (attach schedule)....... Click to see attachment 114,876 3,344   114,812
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 668,808 126,129 0 537,591
25 Contributions, gifts, grants paid....... 17,963,576 11,690,892
26 Total expenses and disbursements. Add lines 24 and 25 18,632,384 126,129 0 12,228,483
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -17,742,263
b Net investment income (if negative, enter -0-) 763,992
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......... 27,802,397 31,056,718 31,056,718
3 Accounts receivable bullet17,876
Less: allowance for doubtful accounts bullet   108,393 17,876 17,876
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 108,402 7,926 7,926
10a Investments—U.S. and state government obligations (attach schedule) 8,227,635 Click to see attachment1,409,540 1,409,540
b Investments—corporate stock (attach schedule)....... 1,991,973    
c Investments—corporate bonds (attach schedule)....... 7,863,597 Click to see attachment1,162,709 1,162,709
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment4,875 Click to see attachment4,875 Click to see attachment4,875
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 46,107,272 33,659,644 33,659,644
Liabilities 17 Accounts payable and accrued expenses.......... 52,053 52,820
18 Grants payable................. 2,598,300 8,870,984
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) 14,000  
23 Total liabilities (add lines 17 through 22)......... 2,664,353 8,923,804
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........... 43,442,919 24,735,840
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)..... 43,442,919 24,735,840
30 Total liabilities and net assets/fund balances (see instructions). 46,107,272 33,659,644
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
43,442,919
2
Enter amount from Part I, line 27a .....................
2
-17,742,263
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
28,674
4
Add lines 1, 2, and 3 ..........................
4
25,729,330
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
993,490
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
24,735,840
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 15,094,060   14,549,738 544,322
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       544,322
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 544,322
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  
3 Add lines 1 and 2........................... 3 10,619
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 10,619
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 6,461
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 6,200
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,661
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,042
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet2,042 RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
Yes
 
If "Yes," attach the statement required by General Instruction T.Click to see attachment
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)
    bulletME, NY, VT
    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 addressbulletWWW.BAYANDPAULFOUNDATIONS.ORG
    14
    The books are in care ofbulletTHE BAY AND PAUL FOUNDATIONS Telephone no.bullet (800) 839-1754

    Located atbullet165 COURT STREET BOX 187BROOKLYNNY ZIP+4bullet11201
    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
    Rebecca AdamsonClick to see attachment Dir
    2.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    David BuryClick to see attachment Dir
    2.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Kenneth D HurwitzClick to see attachment Dir, Sec, Treas
    2.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Marilyn ReznickClick to see attachment Dir, Chair
    2.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    William E TerryClick to see attachment Dir
    2.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Gail StoneClick to see attachment CORP COUNS/EXEC DIR
    30.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
    GAIL STONEClick to see attachment CORP COUNS/EXEC DIR
    30.0     		171,189 31,670  
    165 COURT STREET 187
    BROOKLYN,NY11201
    KHALIF WILLIAMSClick to see attachment PROGRAM DIRECTOR
    32.0     		102,241 8,206 0
    165 COURT STREET 187
    BROOKLYN,NY11201
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    RBC Wealth Management Investment Mgmt 90,095
    1211 6th Ave 3300
    NEW YORK,NY10036
    Foundation Source Administrative 89,637
    55 Walls Drive 3rd Fl
    Fairfield,CT06824
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    13,289,203
    b
    Average of monthly cash balances.......................
    1b
    26,472,620
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    39,761,823
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    39,761,823
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    596,427
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    39,165,396
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,958,270
    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
    1,958,270
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    10,619
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,619
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,947,651
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    14,674
    5
    Add lines 3 and 4............................
    5
    1,962,325
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,962,325
    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 1,962,325
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 2,411,232
    b From 2017...... 2,168,088
    c From 2018...... 3,331,619
    d From 2019...... 3,847,779
    e From 2020...... 7,259,721
    f Total of lines 3a through e ........ 19,018,439
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 12,228,483
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 1,962,325
    e Remaining amount distributed out of corpus 10,266,158
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 29,284,597
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		2,411,232
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		26,873,365
    10 Analysis of line 9:
    a Excess from 2017.... 2,168,088
    b Excess from 2018.... 3,331,619
    c Excess from 2019.... 3,847,779
    d Excess from 2020.... 7,259,721
    e Excess from 2021.... 10,266,158
    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).)
    NONE
    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.
    NONE
    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
    ABENAKI CIRCLE OF COURAGE
    65 CANADA ST STE RM 3
    SWANTON,VT05488     		N/A PC Program Support for the Circle of Courage After School Program 5,000
    AFFILIATED TRIBES OF NORTHWEST INDIANS
    6636 NE SANDY BLVD
    PORTLAND,OR97213     		N/A PC to support annual National and International Tribal Climate Adaptation Planning Camps 278,721
    ALLIED MEDIA PROJECTS INC
    4126 3RD ST
    DETROIT,MI48201     		N/A PC General Operations for People In Education 45,000
    ALZHEIMERS DISEASE AND RELATED DISORDERS NEW YORK
    360 LEXINGTON AVE 3RD FL
    NEW YORK,NY10017     		N/A PC General Operating Support 500
    AMERICAN INDIAN HIGHER EDUCATION CONSORTIUM
    121 ORONOCO ST
    ALEXANDRIA,VA22314     		N/A PC Summer Internship Program 300,000
    ASSOCIATION SHERPA
    94 RUE SAINT LAZARE
      PARIS75009
    FR     		N/A PC General Operating Support 100,000
    BETHANY COLLEGE
    31 E CAMPUS DR
    BETHANY,WV26032     		N/A PC Larry Grimes Annual Lecture Series Fund and General Operating Support 3,500
    BIG PICTURE COMPANY INC
    325 PUBLIC ST
    PROVIDENCE,RI02905     		N/A PC Program Support: Transforming PreK-12 Learning Practices in Vermont 50,000
    BLOOMAGAINBKLYN
    495 HENRY ST STE 255
    BROOKLYN,NY11231     		N/A PC General & Unrestricted 5,000
    BLOOMINGDALE SCHOOL OF MUSIC INC
    323 W 108TH ST
    NEW YORK,NY10025     		N/A PC To support preparation for and development of a Strategic Plan and the subsequent implementation of the Plan 97,000
    BLOOMINGDALE SCHOOL OF MUSIC INC
    323 W 108TH ST
    NEW YORK,NY10025     		N/A PC BSM Major Donor Program 30,000
    BOGGS EDUCATIONAL CENTER PROJECT TEAM
    7600 GOETHE ST
    DETROIT,MI48214     		N/A PC Community Teachers Program 25,000
    BROOKLYN COLLEGE FOUNDATION INC
    2900 BEDFORD AVE INGERSOLL HALL
    BROOKLYN,NY11210     		N/A PC Corinne Steel Award for Outstanding English Honors Thesis 3,000
    BROOKLYN COMMUNITY FOUNDATION
    1000 DEAN ST STE 307
    BROOKLYN,NY11238     		N/A PC COVID Response Fund 1,000
    BROOKLYN COMMUNITY FOUNDATION
    1000 DEAN ST STE 307
    BROOKLYN,NY11238     		N/A PC General Operating Support 1,000
    BROOKLYN FILMSHOP INC
    104 SULLIVAN ST 14
    NEW YORK,NY10012     		N/A PC In support of the Filmshop Exhibition 3,000
    BURLINGTON CITY ARTS FOUNDATION INC
    135 CHURCH ST
    BURLINGTON,VT05401     		N/A PC General Operating Support 5,000
    BURLINGTON SCHOOL DISTRICT
    150 COLCHESTER AVE
    BURLINGTON,VT05401     		N/A GOV Leading With Equity Toward Deeper Learning 20,000
    BURLINGTON SCHOOLS FOUNDATION
    PO BOX 3307
    BURLINGTON,VT05408     		N/A PC program support for the third year of the Burlington City and Lake Semester Program (BCL) 20,000
    CALVARY HOSPITAL INC
    1740 EASTCHESTER RD
    BRONX,NY10461     		N/A PC Hospice Care 500
    CAPITAL AREA FOOD BANK
    4900 PUERTO RICO AVE NE
    WASHINGTON,DC20017     		N/A PC General & Unrestricted 7,000
    CELLOBELLO INC
    192 PURITAN RD
    SWAMPSCOTT,MA01907     		N/A PC Administrative Leadership Restructuring 20,000
    CENTER FOR REPRODUCTIVE RIGHTS INC
    199 WATER ST 22ND FLOOR
    NEW YORK,NY10038     		N/A PC General & Unrestricted 5,000
    CINTOC
    4528 VAN NESS ST NW
    WASHINGTON,DC20016     		N/A PC General Operating Support 100,000
    CITIZENS FOR RESPONSIBILITY AND ETHICS IN WASHINGT
    1331 F ST NW STE 900
    WASHINGTON,DC20004     		N/A PC General & Unrestricted 200,000
    CLARION CONCERTS IN COLUMBIA COUNTY
    PO BOX 43
    COPAKE,NY12516     		N/A PC For the project with music teachers in Hudson Public Schools and music students and professors at Bard College for creation of a partnership to support additional music education in the public schools. 2,500
    CLASSICAL THEATRE OF HARLEM
    566 WEST 159TH ST STE 44
    NEW YORK,NY10032     		N/A PC General & Unrestricted 10,000
    CLEMMONS FAMILY FARM
    2213 GREENBUSH RD
    CHARLOTTE,VT05445     		N/A PC to support expansion of the Windows to a Multicultural World program in Vermont 135,000
    COALITION FOR GREEN CAPITAL
    1201 CONNECTICUT AVE NW STE 600
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 200,000
    COMMUNITY ENGAGEMENT LAB INC
    41 SUMMER ST
    MONTPELIER,VT05602     		N/A PC General Operating Support 30,000
    CONFLICT AWARENESS PROJECT
    PO BOX 68
    HARTFIELD,VA23071     		N/A PC General Operating Support 50,000
    COOL CULTURE INC
    80 HANSON PL
    BROOKLYN,NY11217     		N/A PC to support implementation of its three-year capacity building initiative to deepen program impact and further incorporate Social Justice Core Values throughout the organization 250,000
    COOL CULTURE INC
    80 HANSON PL
    BROOKLYN,NY11217     		N/A PC General Operating Support 30,000
    CSC REPERTORY LTD
    136 E 13TH ST
    NEW YORK,NY10003     		N/A PC General Operating Support 12,000
    CSC REPERTORY LTD
    136 E 13TH ST
    NEW YORK,NY10003     		N/A PC General & Unrestricted 5,000
    CULTURAL SURVIVAL INC
    2067 MASSACHUSETTS AVE
    CAMBRIDGE,MA02140     		N/A PC General Operations & Advocacy Program Support 250,000
    DYNAMIC WOMEN OF PURPOSE INC
    13069 224TH ST
    LAURELTON,NY11413     		N/A PC General & Unrestricted 500
    EARTHWALK VERMONT INC
    PO BOX 21
    PLAINFIELD,VT05667     		N/A PC General Operations 5,000
    EARTHWATCH INSTITUTE INC
    1380 SOLDIERS FIELD RD STE 2700
    BRIGHTON,MA02135     		N/A PC Girls in Science Program 25,000
    EARTHWATCH INSTITUTE INC
    1380 SOLDIERS FIELD RD STE 2700
    BRIGHTON,MA02135     		N/A PC Girls in Science program 25,000
    EASTERN MICHIGAN UNIVERSITY FOUNDATION
    850 W CROSS ST
    YPSILANTI,MI48197     		N/A PC SEMIS Coalition 20,000
    EDUCATIONAL RESULTS PARTNERSHIP
    428 J ST STE 320
    SACRAMENTO,CA95814     		N/A PC General & Unrestricted 25,000
    FACING HISTORY AND OURSELVES INC
    PO BOX 470749
    BROOKLINE,MA02447     		N/A PC to update its online course, Foundations, and to create and deliver a new self-paced online course, Centering Equity in Our Classrooms and Schools 125,000
    FIRST LOOK MEDIA WORKS INC
    114 5TH AVE
    NEW YORK,NY10011     		N/A PC Press Freedom Defense Fund 50,000
    FIRST PEOPLES CONSERVATION COUNCIL OF LOUISIANA
    3731 OAK POINTE RD
    MONTEGUT,LA70377     		N/A PC To support FPCCL's project involving tribal youth working with leaders to identify and document compromised sacred sites and obstructions to cultural practice 15,000
    FIRST PEOPLES FUND
    PO BOX 2977
    RAPID CITY,SD57709     		N/A PC General Operating Support 250,000
    FLOW OF HISTORY INC
    729 UNION VILLAGE RD
    NORWICH,VT05055     		N/A PC Teaching about Slavery and its Legacies in Vermont and New Hampshire 15,000
    FLYNN CENTER FOR THE PERFORMING ARTS LTD
    153 MAIN ST
    BURLINGTON,VT05401     		N/A PC Program Support for Flynn Initiatives for Access, Diversity, Equity, And Inclusion; Innovation; Creative Chair 50,000
    FRIENDS OF THE BRATTLEBORO MUSIC CENTER INC
    72 BLANCHE MOYSE WAY
    BRATTLEBORO,VT05301     		N/A PC General Operating Support/Capacity Building 20,000
    GATEWAYS MUSIC FESTIVAL INC
    26 GIBBS ST
    ROCHESTER,NY14604     		N/A PC to support its 2022 Carnegie Hall Performance and related appearances in New York City and for general operations 300,000
    GATEWAYS MUSIC FESTIVAL INC
    26 GIBBS ST
    ROCHESTER,NY14604     		N/A PC To support the April 2022 Carnegie Hall Concert 20,000
    GENERATOR INC
    40 SEARS LN
    BURLINGTON,VT05401     		N/A PC Workplace Development Initiative 100,000
    GENERATOR INC
    40 SEARS LN
    BURLINGTON,VT05401     		N/A PC Program support for two youth programs: 1) Generator Maker Mentors, 2) Generator Design Lab 20,000
    GINA GIBNEY DANCE INC
    890 BROADWAY 5TH FL
    NEW YORK,NY10003     		N/A PC Moving Toward Justice (MTJ) 225,000
    GLOBAL INVESTIGATIVE JOURNALISM NETWORK
    9404 CROSBY RD
    SILVER SPRING,MD20910     		N/A PC to support translation services for the 12th Global Investigative Journalism Conference, including interpreting, translating, coordinating, and administrative support during the conference dates of November 1-5, 2021, and for a follow-up period through June 30, 2022. 100,000
    GLOBAL INVESTIGATIVE JOURNALISM NETWORK
    9404 CROSBY RD
    SILVER SPRING,MD20910     		N/A PC General Operating Support 250,000
    GOOD PEOPLE FUND INC
    384 WYOMING AVE
    MILLBURN,NJ07041     		N/A PC General Operating Support 1,500
    GOOD PEOPLE FUND INC
    384 WYOMING AVE
    MILLBURN,NJ07041     		N/A PC General & Unrestricted 1,500
    GOVERNORS INSTITUTES OF VERMONT
    20 W CANAL ST STE C5
    WINOOSKI,VT05404     		N/A PC General Operating Support 10,000
    HASKELL FOUNDATION
    155 INDIAN AVE
    LAWRENCE,KS66046     		N/A PC Haskell Indigenous Peoples Climate Change Working Group Elementary science curriculum project 15,000
    HOUSE OF HOPE MINISTRY INC
    2332 BEATTIES FORD RD
    CHARLOTTE,NC28216     		N/A PC General & Unrestricted 10,000
    HUI ALOHA AINA MOMONA
    47-540 AHUIMANU RD
    KANEOHE,HI96744     		N/A PC Ulu ka Honua 15,000
    INCLUSIVE ARTS VERMONT INC
    21 CARMICHAEL ST STE 206
    ESSEX JUNCTION,VT05452     		N/A PC Program Support: Collaborative Integrated Arts Residencies 7,500
    INDIAN LAW RESOURCE CENTER
    602 N EWING ST
    HELENA,MT59601     		N/A PC General Operating Support 450,000
    INDIJ PUBLIC MEDIA
    PO BOX 929
    PHOENIX,AZ85001     		N/A PC to launch its Indigenous Economics Project 300,000
    INSTITUTE FOR DEMOCRATIC EDUCATION IN AMERICA
    2008 W RIDGEWAY ST
    JACKSON,MS39213     		N/A PC General Operating Support 150,000
    INTERNATIONAL CONSORTIUM OF INVESTIGATIVE JOURNALI
    1710 RHODE ISLAND AVE NW 11TH FL
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 100,000
    INTERNATIONAL INDIAN TREATY COUNCIL INC
    100 E AJO WAY
    TUCSON,AZ85713     		N/A PC To continue its leadership efforts to ensure the inclusion of Indigenous peoples' rights in the 30X30 Plan 190,000
    JANET S MUNT FAMILY ROOM
    20 ALLEN ST
    BURLINGTON,VT05401     		N/A PC General operating support, COVID relief 5,000
    JANET S MUNT FAMILY ROOM
    20 ALLEN ST
    BURLINGTON,VT05401     		N/A PC Winooski Family Empowerment Project 30,000
    JAZZ AND CLASSICS FOR CHANGE INC
    56 FERN HILL RD
    GHENT,NY12075     		N/A PC For the series of concerts planned for the summer of 2021 6,000
    JAZZ AND CLASSICS FOR CHANGE INC
    56 FERN HILL RD
    GHENT,NY12075     		N/A PC General & Unrestricted 10,000
    JOB PATH INC
    256 WEST 38TH ST 2ND FL
    NEW YORK,NY10018     		N/A PC General & Unrestricted 1,000
    JOURNALISM DEVELOPMENT NETWORK INC
    1220 L ST NW STE 100
    WASHINGTON,DC20005     		N/A PC Organized Crime and Corruption Reporting Project 250,000
    JOURNALISM DEVELOPMENT NETWORK INC
    1220 L ST NW STE 100
    WASHINGTON,DC20005     		N/A PC To support the first year of OCCRP's new cybersecurity initiative 600,000
    JOY 2 LEARN FOUNDATION
    1617 3RD AVE 286403
    NEW YORK,NY10128     		N/A PC General Operating Support 5,000
    JOY 2 LEARN FOUNDATION
    1617 3RD AVE 286403
    NEW YORK,NY10128     		N/A PC General & Unrestricted 30,000
    JOY 2 LEARN FOUNDATION
    1617 3RD AVE 286403
    NEW YORK,NY10128     		N/A PC To support continued development of Joy2Learn's online professional development program for K-12 educators 25,000
    JOY 2 LEARN FOUNDATION
    1617 3RD AVE 286403
    NEW YORK,NY10128     		N/A PC Project to update its website and technology functionality 15,000
    KENMORE WEST ALUMNI FOUNDATION INC
    33 HIGHLAND PKWY
    TONAWANDA,NY14223     		N/A PC Support for scholarships to be made, in the discretion of the Kenmore West Alumni Foundation, in recognition of the Kenmore West Class of 1960 12,500
    KIMELTUWVN - MAPUCHE COMMUNITY SCHOOL
    LLAGUEPULLI MAPUCHE COMMUNITY
    TEODORO SCHMIDT,ARAUCANIA REGION  
    CI     		N/A PC For continuation of the renovation and expansion of the school 50,000
    KINGS MAJESTIC CORPORATION
    1000 DEAN ST STE 232
    BROOKLYN,NY11238     		N/A PC General Operating Support 20,000
    KNICKERBOCKER TENNIS FOUNDATION
    123 7TH AVE - BOX 142
    BROOKLYN,NY11215     		N/A PC General & Unrestricted 1,000
    LIVELIHOODS KNOWLEDGE EXCHANGE NETWORK INC
    109 ROSEMONT GDN
    LEXINGTON,KY40503     		N/A PC Program Funding to create and sustain a Knowledge Sharing Network for Climate Education Centering Indigenous Knowledge Systems 150,000
    MAPLE MICRODEVELOPMENT
    2175 ONYX ST
    EUGENE,OR97403     		N/A PC To support the general operations of its MAPLE Chile Program 70,000
    MEDECINS SANS FRONTIERES USA INC - DOCTORS WITHOUT
    PO BOX 5030
    HAGERSTOWN,MD21741     		N/A PC General Operating Support 4,000
    MENIKANAEHKEM INC
    N8866 CTY RD G
    GRESHAM,WI54128     		N/A PC project involving 10 young Menominee leaders coming together to learn from elders and to build a traditional teaching lodge 15,000
    MENTOR VERMONT INC
    19 MARBLE AVE
    BURLINGTON,VT05401     		N/A PC K-12 Mentoring Initiative 7,500
    MERCY SHIPS
    PO BOX 1930
    LINDALE,TX75771     		N/A PC General Operating Support 7,000
    MILL HOLLOW HERITAGE ASSOCIATION
    PO BOX 608
    ALSTEAD,NH03602     		N/A PC Support for continued development of MHHA's community engagement activities 15,000
    MOUNT SINAI HOSPITAL
    ONE GUSTAVE L LEVY PL BOX 1049
    NEW YORK,NY10029     		N/A PC For the research fellowship in memory of Hans Schapira 500
    MOUNT TREMPER ARTS INC
    647 PLANK RD
    MOUNT TREMPER,NY12457     		N/A PC General support 500
    MOVEMENT THEATRE COMPANY INC
    279 W 117TH ST APT 2Q
    NEW YORK,NY10026     		N/A PC General & Unrestricted 10,000
    MUSEUM AT WARM SPRINGS
    PO BOX 909
    WARM SPRINGS,OR97761     		N/A PC Education project: "The Knowledge from Long Ago Into the Future" 15,000
    NA AH ILLAHEE FUND
    PO BOX 17844
    SEATTLE,WA98127     		N/A PC Native Vote 2022 and Beyond 50,000
    NATIONAL CENTER FOR FAIR & OPEN TESTING INC
    196 SPRING ST
    ARLINGTON,MA02476     		N/A PC General Operations 5,000
    NATIONAL FRAGILE X FOUNDATION
    1861 INTERNATIONAL DR STE 200
    MCLEAN,VA22102     		N/A PC General & Unrestricted 5,000
    NATIONAL URBAN INDIAN FAMILY COALITION
    4000 AURORA AVE N STE 214
    SEATTLE,WA98103     		N/A PC For NUIFC's program to explore how to educate youth about climate and climate justice from indigenous knowledge systems and pedagogies 15,000
    NEW YORK UNIVERSITY - SCHOOL OF LAW
    22 WASHINGTON SQ NORTH
    NEW YORK,NY10011     		N/A PC To support the general operations of its Institute for Policy Integrity 600,000
    NEW YORK UNIVERSITY - SCHOOL OF LAW
    22 WASHINGTON SQ NORTH
    NEW YORK,NY10011     		N/A PC Institute for Policy Integrity 300,000
    NEXT STAGE ARTS PROJECT INCORPORATED
    PO BOX 251
    PUTNEY,VT05346     		N/A PC General & Unrestricted 25,000
    NORTHERN ARIZONA UNIVERSITY FDN INC
    620 S KNOLES
    FLAGSTAFF,AZ86011     		N/A PC For the internship program and international activities of its Institute for Tribal Environmental Professionals 222,871
    OUTRIGHT VERMONT
    PO BOX 5235
    BURLINGTON,VT05402     		N/A PC Education initiatives 30,000
    PLANNED PARENTHOOD FEDERATION OF AMERICA INC
    123 WILLIAMS ST 10TH FL
    NEW YORK,NY10038     		N/A PC General Operating Support 5,000
    PLATEFORME FRANCAISE DE PROTECTION DES LANCEURS D'
    16 BLVD VOLTAITE
    PARIS   75011
    FR     		N/A PC General Operations 25,000
    PLATEFORME FRANCAISE DE PROTECTION DES LANCEURS D'
    16 BLVD VOLTAITE
    PARIS   75011
    FR     		N/A PC General & Unrestricted 12,000
    POLLEN CIRCLES INC
    PO BOX 4985
    WINDOW ROCK,AZ86515     		N/A PC To expand youth summer camps to include ceremonies at sacred mountains and to engage youth in the re-awakening of an important agricultural practice for the Navajo 15,000
    PRESIDENT & FELLOWS OF MIDDLEBURY COLLEGE
    700 EXCHANGE ST
    MIDDLEBURY,VT05753     		N/A PC What's the Story Project 10,000
    PROJECT EXPEDITE JUSTICE
    74-5617 PAWAI PL 208A
    KAILUA KONA,HI96740     		N/A PC General & Unrestricted 200,000
    PROJECT EXPEDITE JUSTICE
    74-5617 PAWAI PL 208A
    KAILUA KONA,HI96740     		N/A PC to support the "Overview of Violations of Indigenous Peoples' Rights in Protected Conservation Areas" project 50,000
    QUEENSBOROUGH COMMUNITY COLLEGE FUND INC
    222-05 56TH AVE SUITE A-406
    BAYSIDE,NY11364     		N/A PC Performing Arts Center 1,000
    RAMAZ SCHOOL
    60 E 78TH ST
    NEW YORK,NY10075     		N/A PC For the Scholarship Fund and Special Education Needs 3,000
    READ 718
    420 ATLANTIC AVE
    BROOKLYN,NY11217     		N/A PC Support for enhanced programming in response to student learning deficits resulting from the COVID-19 pandemic 50,000
    REDRESS TRUST LIMITED
    87 Vauxhall Walk
      LONDONSE11 5HJ
    UK     		N/A PC General Operating Support 75,000
    ROOT SOCIAL JUSTICE CENTER INC
    28 WILLIAMS ST
    BRATTLEBORO,VT05301     		N/A PC Development of the Vermont Statewide People of Color Caucus 15,000
    SAMUEL FIELD YM & YWHA INC
    5820 LITTLE NECK PKWY
    LITTLE NECK,NY11362     		N/A PC For the Single Parent Initiative 2,500
    SAMUEL FIELD YM & YWHA INC
    5820 LITTLE NECK PKWY
    LITTLE NECK,NY11362     		N/A PC Counterpoint Together Queens Single Parent Initiative 3,500
    SANDGLASS CENTER FOR PUPPETRY & THEATER RESEARCH L
    PO BOX 970
    PUTNEY,VT05346     		N/A PC General & Unrestricted 25,000
    SANTA FE FILM INSTITUTE
    418 MONTEZUMA AVE
    SANTA FE,NM87501     		N/A PC The Land Acknowledgement Streaming Experience 200,000
    SCHOOL REFORM INITIATIVE INC
    1550 LARIMER ST BOX 257
    DENVER,CO80202     		N/A PC To support staff salaries, maintain current professional development contracts, and to hire a consultant for the Phoenix Project 50,000
    SERVICES FOR THE UNDERSERVED INC
    463 7TH AVE
    NEW YORK,NY10018     		N/A PC For work in providing basic educational tools and supplies to students in homeless shelters 20,000
    SHELBURNE FARMS
    1611 HARBOR RD
    SHELBURNE,VT05482     		N/A PC General & Unrestricted 10,000
    SHELBURNE FARMS
    1611 HARBOR RD
    SHELBURNE,VT05482     		N/A PC Capital Campaign & Education for Sustainability programs 450,000
    SOCIAL GOOD FUND
    PO BOX 5473
    RICHMOND,CA94805     		N/A PC For programs supporting documentary film making to capture the history and knowledge of Indigenous elders 10,000
    SPECTRUM INC
    31 ELMWOOD AVE
    BURLINGTON,VT05401     		N/A PC Multicultural Youth Program 10,000
    ST LUKES CHAMBER ENSEMBLE INC
    450 W 37TH ST STE 502
    NEW YORK,NY10018     		N/A PC Support of OSL's music education and community engagement programs 250,000
    SYNERGY LEARNING INTERNATIONAL INC
    PO BOX 599
    PUTNEY,VT05346     		N/A PC Vermont Learning for the Future 20,000
    TEACHING MATTERS INC
    475 RIVERSIDE DR STE 1270
    NEW YORK,NY10115     		N/A PC To expand and develop its blended Early Reading Matters program for K-2nd grades into an application for Pre-K settings 185,000
    THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIO
    PO BOX 20466
    STANFORD,CA94309     		N/A PC Building a Professional Learning Community for National Ed Equity Lab Teachers 110,000
    THE BROOKLYN QUEENS CONSERVATORY OF MUSIC
    58 7TH AVE
    BROOKLYN,NY11217     		N/A PC BKCM IT Systems Modernization 100,000
    THE CENTER FOR ADVANCED DEFENSE STUDIES INC
    1201 I ST NW STE 200
    WASHINGTON,DC20005     		N/A PC for the Icarus Non-profit Expansion plan and for General Operating Support 250,000
    THE CENTER FOR AN AGRICULTURAL ECONOMY
    PO BOX 451
    HARDWICK,VT05843     		N/A PC Emergent Model for Community-Based Rural Education 30,000
    THE LAUNDROMAT PROJECT INC
    PO BOX 472917
    BROOKYLN,NY11247     		N/A PC To support infrastructure development and general operations, Bed-Sty programs and artistic development 300,000
    THE NEW YORK PUBLIC LIBRARY ASTOR LENOX AND TILDEN
    445 FIFTH AVE 4TH FLOOR
    NEW YORK,NY10016     		N/A PC in support of the salary of the Dance Education Coordinator 48,300
    THE PROJECT ON GOVERNMENT OVERSIGHT INC
    1100 G ST NW SUITE 500
    WASHINGTON,DC20005     		N/A PC to support its project to investigate corruption, waste and abuse of power within the Bureau of Land Management and the Bureau of Indian Affairs 40,000
    THE S S COLUMBIA PROJECT
    232 E 11TH ST
    NEW YORK,NY10003     		N/A PC General Operations 50,000
    THE WHARTON SCHOOL
    3733 SPRUCE ST 344 VANCE HALL
    PHILADELPHIA,PA19104     		N/A PC ESG Analytics Lab 252,000
    THE YOUNG CENTER FOR IMMIGRANT CHILDRENS RIGHTS
    2245 S MICHIGAN AVE
    CHICAGO,IL60616     		N/A PC General Operating Support 75,000
    THINKDANCE INC
    235 W 102ND ST APT 14T
    NEW YORK,NY10025     		N/A PC General & Unrestricted 15,000
    THINKDANCE INC
    235 W 102ND ST APT 14T
    NEW YORK,NY10025     		N/A PC General support 5,000
    THOMAS COLE HISTORIC HOUSE
    218 SPRING ST
    CATSKILL,NY12414     		N/A PC General Operating Support 5,000
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
    3451 WALNUT ST 433 FRANKLIN BLDG
    PHILADELPHIA,PA19104     		N/A PC to support the Wharton School ESG Analytics Lab's short-term project to explore the effects of increasing corporate board diversity, particularly with respect to Indigenous peoples 50,000
    TSU INSTITUTE FOR ENTREPRENEURSHIP & ECONOMIC REVI
    3100 CLEBURNE ST STE 236B TMSL-TSU
    HOUSTON,TX77004     		N/A PC General Operating Support 10,000
    UNITARIAN UNIVERSALIST FELLOWSHIP OF FREDERICKSBUR
    25 CHALICE CIR
    FREDERICKSBRG,VA22405     		N/A PC General Operating Support 10,000
    UNITARIAN UNIVERSALIST FELLOWSHIP OF FREDERICKSBUR
    25 CHALICE CIR
    FREDERICKSBRG,VA22405     		N/A PC Continued COVID-19 outreach 15,000
    UNIVERSITY OF COLORADO FOUNDATION
    PO BOX 17126
    DENVER,CO80217     		N/A PC First Peoples Worldwide to support capacity building in the areas of Campaigns and Shareholder Engagement; Training and Capacity Building; Global Policy Advocacy; Market Trends and Reforms, and Investors and Indigenous Peoples Clearinghouse 500,000
    UNLEASHING THE POWER OF PARTNERSHIP FOR LEARNING I
    155 ELM ST STE 1
    MONTPELIER,VT05602     		N/A PC General Operating Support 75,000
    VERMONT COMMUNITY GARDEN NETWORK INC
    12 N ST STE 5
    BURLINGTON,VT05401     		N/A PC To expand VCGN's programs in schools 10,000
    VERMONT FOLKLIFE CENTER
    88 MAIN ST
    MIDDLEBURY,VT05753     		N/A PC Educational Program with Conversations from the Open Road (CFTOR) 50,000
    VERMONT PRINCIPALS ASSOCIATION INC
    2 PROSPECT ST STE 3
    MONTPELIER,VT05602     		N/A PC General Operations for the Equity Practitioner's Network Program 25,000
    VERMONT RURAL EDUCATION COLLABORATIVE INC
    121 DUCHESS AVE SUITE A
    NEWPORT,VT05855     		N/A PC General Operating Support 30,000
    VOICES FOR VERMONTS CHILDREN INC
    PO BOX 261
    MONTPELIER,VT05601     		N/A PC as a final grant in support of its work in furtherance of the Vermont Education Equity Project 75,000
    WOMENS MEDIA CENTER
    PO BOX 70967
    WASHINGTON,DC20024     		N/A PC General Operating Support 60,000
    YALE UNIVERSITY
    PO BOX 2038
    NEW HAVEN,CT06521     		N/A PC Journal of Industrial Ecology General Operations 5,000
    Total .................................bullet 3a 11,690,892
    bApproved for future payment
    AFFILIATED TRIBES OF NORTHWEST INDIANS
    6636 NE SANDY BLVD
    PORTLAND,OR97213     		N/A PC to support annual National and International Tribal Climate Adaptation Planning Camps (TCCs) in 2022, 2023 and 2024 677,242
    AMERICAN INDIAN HIGHER EDUCATION CONSORTIUM
    121 ORONOCO ST
    ALEXANDRIA,VA22314     		N/A PC Summer Internship Program 700,000
    BLOOMINGDALE SCHOOL OF MUSIC INC
    323 W 108TH ST
    NEW YORK,NY10025     		N/A PC To support preparation for and development of a Strategic Plan (Year 1) and the subsequent implementation of the Plan (Years 2 and 3) 253,000
    CITIZENS FOR RESPONSIBILITY AND ETHICS IN WASHINGT
    1331 F ST NW STE 900
    WASHINGTON,DC20004     		N/A PC General & Unrestricted 200,000
    COLLEGE OF THE MENOMINEE NATION
    PO Box 1179
    Keshena,WI54135     		N/A PC To support the general operations of its "Sustainability Development Institute" 670,000
    COOL CULTURE INC
    80 HANSON PL
    BROOKLYN,NY11217     		N/A PC to support implementation of its three-year capacity building initiative to deepen program impact and further incorporate Social Justice Core Values throughout the organization 500,000
    GENERATOR INC
    40 SEARS LN
    BURLINGTON,VT05401     		N/A PC Workplace Development Initiative 100,000
    GLOBAL INVESTIGATIVE JOURNALISM NETWORK
    9404 CROSBY RD
    SILVER SPRING,MD20910     		N/A PC to support translation services for the 12th Global Investigative Journalism Conference, including interpreting, translating, coordinating, and administrative support during the conference dates of November 1-5, 2021, and for a follow-up period through June 30, 2022. 250,000
    INTERNATIONAL INDIAN TREATY COUNCIL INC
    100 E AJO WAY
    TUCSON,AZ85713     		N/A PC To continue its leadership efforts to ensure the inclusion of Indigenous peoples' rights in the 30X30 Plan 310,000
    JOURNALISM DEVELOPMENT NETWORK INC
    1220 L ST NW STE 100
    WASHINGTON,DC20005     		N/A PC Organized Crime and Corruption Reporting Project 250,000
    NEW YORK UNIVERSITY - SCHOOL OF LAW
    22 WASHINGTON SQ NORTH
    NEW YORK,NY10011     		N/A PC To support the general operations of its Institute for Policy Integrity 1,400,000
    NORTHERN ARIZONA UNIVERSITY FDN INC
    620 S KNOLES
    FLAGSTAFF,AZ86011     		N/A PC For the internship program and international activities of its Institute for Tribal Environmental Professionals 445,742
    PROJECT EXPEDITE JUSTICE
    74-5617 PAWAI PL 208A
    KAILUA KONA,HI96740     		N/A PC General & Unrestricted 200,000
    ST LUKES CHAMBER ENSEMBLE INC
    450 W 37TH ST STE 502
    NEW YORK,NY10018     		N/A PC Support of OSL's music education and community engagement programs 500,000
    THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIO
    PO BOX 20466
    STANFORD,CA94309     		N/A PC Building a Professional Learning Community for National Ed Equity Lab Teachers 110,000
    THE BROOKLYN QUEENS CONSERVATORY OF MUSIC
    58 7TH AVE
    BROOKLYN,NY11217     		N/A PC BKCM IT Systems Modernization 200,000
    THE LAUNDROMAT PROJECT INC
    PO BOX 472917
    BROOKLYN,NY11247     		N/a PC To support infrastructure development and general operations, Bed-Sty programs and artistic development 600,000
    THOMAS COLE HISTORIC HOUSE
    218 SPRING ST
    CATSKILL,NY12414     		n/a PC Support for the Empire State Development Incentive Proposal for the 20th Anniversary Campaign 75,000
    UNIVERSITY OF COLORADO FOUNDATION
    PO BOX 17126
    DENVER,CO80217     		N/A PC First Peoples Worldwide to support capacity building in the areas of Campaigns and Shareholder Engagement; Training and Capacity Building; Global Policy Advocacy; Market Trends and Reforms, and Investors and Indigenous Peoples Clearinghouse 500,000
    Total .................................bullet 3b 7,940,984
    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 14,741  
    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 ............     		    18 544,322  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFOREIGN TAX REFUND     		    01 3,537  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   890,121  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    890,121
    (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 Bay and Paul Foundations Inc
    EIN:
    13-1991717
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Audit Fees 18,400 18,400    

    TY 2021 CompensationExplanation
    Name:
    The Bay and Paul Foundations Inc
    EIN:
    13-1991717
    Person Name Explanation
    Gail Stone *Gail Stone's compensation is reported in Part I Line 14 and Part VII Line 2

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

    TY 2021 DepreciationSchedule
    Name:
    The Bay and Paul Foundations Inc
    EIN:
    13-1991717
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2021 EmployeeCompensationExpln
    Name:
    The Bay and Paul Foundations Inc
    EIN:
    13-1991717
    Employee Explanation
    KHALIF WILLIAMS *No longer employed by the foundation

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

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    The Bay and Paul Foundations Inc
    EIN:
    13-1991717
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    Vermont NEA Inc
          		10 Wheelock St
    Montpelier,VT08602     		2018-08-20 25,000 To support the racial justice liaison project 25,000 NO 3/28/19, 5/6/21   None necessary
    Willowell Foundation
          		PO Box 314
    Bristol,VT05443     		2019-07-22 15,000 To support the PreK-12 Transformative Learning Practices 15,000 NO 1/27/21   None necessary

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    The Bay and Paul Foundations Inc
    EIN:
    13-1991717
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN EXPRESS CO NOTE - 2.5 176,803 176,803
    APPLE INC - 2.850% - 02/23/202 280,753 280,753
    DEERE JOHN CAP CORP BOND - 2.8 322,789 322,789
    PEPSICO INC - 2.750% - 03/05/2 170,694 170,694
    908 DEVICES INC - 1.734% - 08/ 211,670 211,670

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    The Bay and Paul Foundations Inc
    EIN:
    13-1991717
    US Government Securities - End of Year Book Value:

    971,931
    US Government Securities - End of Year Fair Market Value:

    971,931
    State & Local Government Securities - End of Year Book Value:


    437,609
    State & Local Government Securities - End of Year Fair Market Value:


    437,609


    TY 2021 LiquidationExplanationStmt
    Name:
    The Bay and Paul Foundations Inc
    EIN:
    13-1991717
    Statement:
    This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $11,690,892. This amount represents 25% or more of the Foundation's net assets of $43,442,919 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.


    TY 2021 LegalFeesSchedule
    Name:
    The Bay and Paul Foundations Inc
    EIN:
    13-1991717
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EMPLOYMENT MATTERS 4,828     4,828
    General Consultations 11,284     11,284


    TY 2021 OtherAssetsSchedule
    Name:
    The Bay and Paul Foundations Inc
    EIN:
    13-1991717
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSITS   4,875 4,875


    TY 2021 OtherDecreasesSchedule
    Name:
    The Bay and Paul Foundations Inc
    EIN:
    13-1991717
    Description Amount
    UNREALIZED LOSS IN VALUE OF INVESTMENTS 993,490


    TY 2021 OtherExpensesSchedule
    Name:
    The Bay and Paul Foundations Inc
    EIN:
    13-1991717
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 86,593     89,637
    Bank Charges 2,095 2,095    
    Foundation Dues & Memberships 1,000 50   950
    Indemnification Insurance 5,162 258   5,096
    Insurance Premiums 7,491 375   7,160
    OFFICE EXPENSES 2,797 140   2,657
    Postage/Delivery Service 720 36   684
    State or Local Filing Fees 1,227     1,227
    Website Hosting/Support 7,791 390   7,401


    TY 2021 OtherIncomeSchedule2
    Name:
    The Bay and Paul Foundations Inc
    EIN:
    13-1991717
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Foreign Tax Refund 3,537 3,537  


    TY 2021 OtherIncreasesSchedule
    Name:
    The Bay and Paul Foundations Inc
    EIN:
    13-1991717
    Description Amount
    RETURNED GRANTS 14,674
    CHANGE IN DEFERRED EXCISE TAX PAYABLE 14,000


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    The Bay and Paul Foundations Inc
    EIN:
    13-1991717
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 84,990 84,990    
    Philanthropic Consulting Srvcs 20,729     23,396
    RETIREMENT PLAN CONSULTING 11,259     11,233
    IT SERVICES 104     104
    PAYROLL PROCESSING FEES 3,440     3,440


    TY 2021 TaxesSchedule
    Name:
    The Bay and Paul Foundations Inc
    EIN:
    13-1991717
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 10,760      
    STATE INCOME TAX 250