Form990-PF
Click to see attachment

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. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
Gerald L Lennard Foundation Inc
 
% FOUNDATION SOURCE
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

13-3888381
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$54,994,145J 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) 140,825
2 Check bullet.............
3 Interest on savings and temporary cash investments 73,460 73,460  
4 Dividends and interest from securities... 613,227 613,227  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 137,110
b Gross sales price for all assets on line 6a 46,944,869
7 Capital gain net income (from Part IV, line 2)... 137,110
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 2,132 2,132  
12 Total. Add lines 1 through 11........ 966,754 825,929  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 172,308 172,308    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 32,502 4,903    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 88,090 6,162   81,928
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 292,900 183,373   81,928
25 Contributions, gifts, grants paid....... 1,667,350 1,667,350
26 Total expenses and disbursements. Add lines 24 and 25 1,960,250 183,373   1,749,278
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -993,496
b Net investment income (if negative, enter -0-) 642,556
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 165,523    
2 Savings and temporary cash investments......... 25,502,884 9,104,153 9,104,153
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 17,453,820 Click to see attachment6,566,494 6,709,439
b Investments—corporate stock (attach schedule)....... 6,151,637 Click to see attachment26,576,193 29,745,170
c Investments—corporate bonds (attach schedule).......   Click to see attachment3,999,262 4,233,867
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,767,647 Click to see attachment4,841,726 5,201,516
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1,053,700    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 52,095,211 51,087,828 54,994,145
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 52,095,211  
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds   51,087,828
29 Total net assets or fund balances (see instructions)..... 52,095,211 51,087,828
30 Total liabilities and net assets/fund balances (see instructions). 52,095,211 51,087,828
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
52,095,211
2
Enter amount from Part I, line 27a .....................
2
-993,496
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
7,000
4
Add lines 1, 2, and 3 ..........................
4
51,108,715
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
20,887
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
51,087,828
Form 990-PF (2020)
Form 990-PF (2020)
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 46,944,869   46,807,759 137,110
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       137,110
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 2 137,110
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  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
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 Reserved................................ 1 8,932
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% 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 8,932
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 8,932
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 24,620
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 24,620
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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 15,688
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet9,000 RefundedBullet 11 6,688
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    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 XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDE
    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 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    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 (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-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 ofbulletGERALD L LENNARD FOUNDATION Telephone no.bullet (800) 839-1754

    Located atbullet501 SILVERSIDE RD SUITE 123WilmingtonDE ZIP+4bullet198091377
    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 2020, 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 VII-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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?...............
    (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.).......
    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
     
     
    ........bullet
    c
    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 2020?.............
    1c
     
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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?......................
    b
    If "Yes," did it have excess business holdings in 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-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))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    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
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    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?
    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? .................
    Part VIII
    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
    Donna LennardClick to see attachment Dir, vp*
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Stacey LennardClick to see attachment Dir, Sec, vP*
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Jennifer MeyerhardtClick to see attachment Dir, VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Lewis A RubinClick to see attachment Treas,seC*
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Wendy RubinClick to see attachment Dir, Pres
    1.0     		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
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    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
    UBS Financial Services iNC Investment Mgmt 99,601
    1285 AVE OF THE AMERICAS
    NEW YORK,NY100196031
    Foundation Source Administrative 80,000
    55 Walls Drive 3rd Fl
    Fairfield,CT06824
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-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 IX-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 (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    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
    34,811,708
    b
    Average of monthly cash balances.......................
    1b
    15,578,073
    c
    Fair market value of all other assets (see instructions)................
    1c
    2,876,526
    d
    Total (add lines 1a, b, and c).........................
    1d
    53,266,307
    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
    53,266,307
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    798,995
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    52,467,312
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,623,366
    Part XI
    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 X, line 6....................
    1
    2,623,366
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    8,932
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,932
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,614,434
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    7,000
    5
    Add lines 3 and 4............................
    5
    2,621,434
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,621,434
    Part XII
    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
    1,749,278
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,749,278
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,749,278
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 2,621,434
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 683,869
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,749,278
    a Applied to 2019, but not more than line 2a 683,869
    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 2020 distributable amount..... 1,065,409
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020.    
    (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 ..........     		 
    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 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		1,556,025
    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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    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 X, 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 XV
    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.
    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 (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    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
    350ORG
    PO BOX 843004
    BOSTON,MA02284     		N/A PC Pacific Climate Warriors program 25,000
    AFYA FOUNDATION INC
    510 NEPPERHAN AVE
    YONKERS,NY10701     		N/A PC General Operating Support and PPE FUND 50,000
    AFYA FOUNDATION INC
    510 NEPPERHAN AVE
    YONKERS,NY10701     		N/A PC Native Elders Support Program/ Wave 2 PROGRAM 7,000
    ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI
    225 N MICHIGAN AVE 17TH FL
    CHICAGO,IL60601     		N/A PC The Hudson Valley Chapter 2,500
    AMALGAMATED CHARITABLE FOUNDATION INC
    1825 K ST NW
    WASHINGTON,DC20006     		N/A PC goal for a second round of funding 25,000
    AMERICAN FARMLAND TRUST
    1150 CONNECTICUT AVE NW STE 600
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 10,000
    AMERICAN FRIENDS OF COMBATANTS FOR PEACE INC
    545 TERESITA BLVD
    SAN FRANCISCO,CA94127     		N/A PC Youth programs of greatest need, Freedom School and/or Palestinian Youth Group 20,000
    BEGINNING WITH CHILDREN FOUNDATION INC
    217 HAVENMEYER ST 2ND FL
    BROOKLYN,NY11211     		N/A PC General & Unrestricted 5,000
    BELIEVE IN STUDENTS INC
    1755 N 13TH ST 295
    PHILADELPHIA,PA19122     		N/A PC general operating support FUND, and emergency aid FUND to students 50,000
    BREAST CANCER ALLIANCE INC
    48 MAPLE AVE
    GREENWICH,CT06830     		N/A PC General & Unrestricted 2,500
    CAMPO GARZON INC
    40 W 77TH ST
    NEW YORK,NY10024     		N/A PC General & Unrestricted 10,000
    CENTER FOR DISASTER PHILANTHROPY INC
    1 THOMAS CIR NW STE 700
    WASHINGTON,DC20005     		N/A PC COVID-19 Response Fund 250,000
    CHARITY GLOBAL INC - CHARITY WATER
    40 WORTH ST STE 330
    NEW YORK,NY10013     		N/A PC Water Sponsor FUND in Cambodia and Ethiopia 22,000
    CITYMEALS-ON-WHEELS
    355 LEXINGTON AVE 3RD FL
    NEW YORK,NY10017     		N/A PC General & Unrestricted 10,000
    COALITION FOR THE HOMELESS INC
    129 FULTON ST
    NEW YORK,NY10038     		N/A PC General & Unrestricted 12,000
    COALITION FOR THE HOMELESS INC
    129 FULTON ST
    NEW YORK,NY10038     		N/A PC COVID Relief/Grand Central Food Program 5,000
    CONNECT TO COMPETE INC
    413 K ST NW
    WASHINGTON,DC20001     		N/A PC FUNDING DIGITAL INCLUSION WORK AND DIGITAL TRAINING PROGRAMS/EVALUATION IN US 50,000
    CORNELL UNIVERSITY
    260 DAY HALL
    ITHACA,NY14853     		N/A PC NY FarmNet Program 10,000
    CUPON INC
    5 TIOKEN RD
    SPRING VALLEY,NY10977     		N/A PC CUPON Nyack 2,000
    DIGDEEP RIGHT TO WATER PROJECT
    3308 DESCANSO DR
    LOS ANGELES,CA90026     		N/A PC Navajo Water Project 22,500
    DIGDEEP RIGHT TO WATER PROJECT
    3308 DESCANSO DR
    LOS ANGELES,CA90026     		N/A PC Navajo Water Project 10,000
    DREAMYARD PROJECT INC
    1085 WASHINGTON AVE
    BRONX,NY10456     		N/A PC General & Unrestricted 30,000
    EARTH ISLAND INSTITUTE INC
    2150 ALLSTON WAY STE 460
    BERKELEY,CA94704     		N/A PC Plastic Pollution Coalition PROGRAM 10,000
    EAST SIDE HOUSE INC
    337 ALEXANDER AVE
    BRONX,NY10454     		N/A PC Farms to Food Banks and to purchase 90 tablets for students 25,000
    EDIBLE SCHOOLYARD NEW YORK
    20 JAY ST STE M9
    BROOKLYN,NY11201     		N/A PC General & Unrestricted 5,000
    EYELLIANCE INC
    110 E 25TH ST
    NEW YORK,NY10010     		N/A PC General & Unrestricted 5,000
    FIRST BOOK
    1319 F ST 10TH FLOOR
    WASHINGTON,DC20004     		N/A PC COVID/General Operating Support fund 25,000
    FOOD BANK FOR NEW YORK CITY
    39 BROADWAY 10TH FL
    NEW YORK,NY10006     		N/A PC Pop Up Distribution Initiative/COVID fund 75,000
    FOOD RECOVERY NETWORK INC
    1100 H ST NW STE 520
    WASHINGTON,DC20005     		N/A PC fund to Cover staff time and resources 20,000
    FREAKS ACTION NETWORK INC
    865 OLIVER AVE
    VALLEY STREAM,NY11581     		N/A PC Musician's Relief Fund 10,000
    FREAKS ACTION NETWORK INC
    865 OLIVER AVE
    VALLEY STREAM,NY11581     		N/A PC Musician's Relief Fund 10,000
    FREAKS ACTION NETWORK INC
    865 OLIVER AVE
    VALLEY STREAM,NY11581     		N/A PC Musician's Relief Fund 15,000
    FREAKS ACTION NETWORK INC
    865 OLIVER AVE
    VALLEY STREAM,NY11581     		N/A PC fund for food insecurity drive benefitting Safe Horizon 4,350
    FRESH AIR FUND
    633 THIRD AVE 14TH FLOOR
    NEW YORK,NY10017     		N/A PC General & Unrestricted 1,000
    GIVEDIRECTLY INC
    CHURCH STREET STA PO BOX 3221
    NEW YORK,NY10008     		N/A PC US COVID-19 Relief fund 25,000
    GLYNWOOD CENTER INC
    PO BOX 157
    COLD SPRINGS,NY10516     		N/A PC Food Access Fund 20,000
    GRAMEEN AMERICA INC
    8211 37TH AVE STE 607
    JACKSON HTS,NY11372     		N/A PC General & Unrestricted 5,000
    GREENWAVE ORGANIZATION CORP
    315 FRONT ST
    NEW HAVEN,CT06513     		N/A PC discretionary fund for Training & Support programs (online platform, seed to harvest); or the Innovation programs (bioplastics, fertilizers, buyers market) 20,000
    INNOCENCE PROJECT INC
    40 WORTH ST RM 701
    NEW YORK,NY10013     		N/A PC General & Unrestricted 5,000
    INTERNATIONAL RESCUE COMMITTEE INC
    PO BOX 6068
    ALBERT LEA,MN56007     		N/A PC Programs supporting women and girls 20,000
    LFA INTERNATIONAL INC
    110 E 25TH ST
    NEW YORK,NY10010     		N/A PC General & Unrestricted 35,000
    MEDECINS SANS FRONTIERES USA INC - DOCTORS WITHOUT
    PO BOX 5030
    HAGERSTOWN,MD21741     		N/A PC COVID-19 work in the United States 5,000
    NATIONAL INDEPENDENT VENUE FOUNDATION
    1 PENN PLZ 6263
    NEW YORK,NY10119     		N/A PC Pandemic relief fund to keep live performance venues afloat 50,000
    NEW YORK STUDIO SCHOOL OF DRAWING PAINTING & SCULP
    8 W 8TH ST
    NEW YORK,NY10011     		N/A PC Gerald L. Lennard Scholarship fund 50,000
    NYACK PARK CONSERVANCY
    168 HIGH AVE
    NYACK,NY10960     		N/A PC General & Unrestricted 1,000
    OPEN DOOR FOUNDATION INC
    165 MAIN ST
    OSSINING,NY10562     		N/A PC Behavioral Health Fund 3,000
    PARTNERS IN HEALTH A NONPROFIT CORPORATION
    PO BOX 996
    FREDERICK,MD21705     		N/A PC General & Unrestricted 75,000
    PHILHARMONIC-SYMPHONY SOCIETY OF NEW YORK INC
    10 LINCOLN CENTER PLZ
    NEW YORK,NY10023     		N/A PC Young Composers Bridge program and Project 19 50,000
    PLANNED PARENTHOOD FEDERATION OF AMERICA INC
    123 WILLIAMS ST 10TH FL
    NEW YORK,NY10038     		N/A PC General & Unrestricted 25,000
    PROJECT DRAWDOWN
    3450 SACRAMENTO ST 506
    SAN FRANCISCO,CA94118     		N/A PC Challenge fund 25,000
    RENAISSANCE YOUTH CENTER
    3485 3RD AVE
    BRONX,NY10456     		N/A PC I Belong Program 5,000
    RESTAURANT WORKERS COMMUNITY FOUNDATION INC
    575 GRAND ST APT E1507
    NEW YORK,NY10002     		N/A PC General Operating Support/Crisis Relief Fund 15,000
    ROBIN HOOD FOUNDATION
    826 BROADWAY 9TH FL
    NEW YORK,NY10003     		N/A PC ROAR - Relief Opportunities for All Restaurants 20,000
    ROOM TO READ
    465 CALIFORNIA ST STE 1000
    SAN FRANCISCO,CA94104     		N/A PC Funding Cambodia Girls Education Program 100,000
    SAFE HORIZON INC
    2 LAFAYETTE ST FL 3
    NEW YORK,NY10007     		N/A PC General & Unrestricted 50,000
    SAMUEL WAXMAN CANCER RESEARCH FOUNDATION
    420 LEXINGTON AVE STE 825
    NEW YORK,NY10170     		N/A PC General Research Support fund 25,000
    SAVE THE CHILDREN FEDERATION INC
    501 KINGS HWY EAST STE 400
    FAIRFIELD,CT06825     		N/A PC COVID Response Fund 5,000
    SHARE OUR STRENGTH
    1030 15TH ST NW STE 1100W
    WASHINGTON,DC20005     		N/A PC General Program Funding 25,000
    SONGWRITINGWITH INC
    632 FOGG ST 8
    NASHVILLE,TN37203     		N/A PC General Programming 2,500
    SUNRISE MOVEMENT EDUCATION FUND
    50 F ST NW STE 700
    WASHINGTON,DC20001     		N/A PC General & Unrestricted 10,000
    THE CHILDRENS AID SOCIETY
    711 THIRD AVE SUITE 700
    NEW YORK,NY10017     		N/A PC General & Unrestricted 5,000
    THE JAMES BEARD FOUNDATION INC
    167 W 12TH ST
    NEW YORK,NY10011     		N/A PC General & Unrestricted 15,000
    THE METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVE
    NEW YORK,NY10028     		N/A PC General & Unrestricted 5,000
    THE NEW YORK COMMUNITY TRUST
    909 3RD AVE 22ND FL
    NEW YORK,NY10022     		N/A PC COVID-19 Response & Impact Fund 50,000
    V-DAY
    4104 24TH ST 4515
    SAN FRANCISCO,CA94114     		N/A PC "voices" project 10,000
    WORKERS LAB
    1111 BROADWAY FL 3
    OAKLAND,CA94607     		N/A PC The Workers Fund 25,000
    WORLD CENTRAL KITCHEN INCORPORATED
    655 NEW YORK AVE NW 6TH FL
    WASHINGTON,DC20001     		N/A PC General & Unrestricted 50,000
    Total .................................bullet 3a 1,667,350
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-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 73,460  
    4 Dividends and interest from securities....     14 613,227  
    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 ............     		    18 137,110  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss     		    14 2,132  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   825,929  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    825,929
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-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 XVI-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 (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    Gerald L Lennard Foundation Inc
     
    Employer identification number

    13-3888381
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    Gerald L Lennard Foundation Inc
          		Employer identification number
    13-3888381
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Estate of Gerald L Lennard
    1675 Broadway 34th floor
     
    New York, NY10019

    		$ 140,825


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    Gerald L Lennard Foundation Inc
          		Employer identification number

    13-3888381
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    Gerald L Lennard Foundation Inc
          		Employer identification number

    13-3888381
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 CompensationExplanation
    Name:
    Gerald L Lennard Foundation Inc
    EIN:
    13-3888381
    Person Name Explanation
    Donna Lennard *REMOVED FROM POSITION IN 2020
    Stacey Lennard *REMOVED FROM POSITION IN 2020
    Lewis A Rubin *REMOVED FROM POSITION IN 2020

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

    TY 2020 DepreciationSchedule
    Name:
    Gerald L Lennard Foundation Inc
    EIN:
    13-3888381
    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 2020 GeneralExplanationAttachment
    Name:
    Gerald L Lennard Foundation Inc
    EIN:
    13-3888381
    Identifier Return Reference Explanation
    Form 926 990-Pf Foreign Filing - Form 926 The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Gerald L Lennard Foundation Inc
    EIN:
    13-3888381
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN EXPRESS CO - 0.000% - 130,004 140,125
    AMERICAN HONDA FINANCE CORP SE 124,749 132,488
    BANK AMER CORP - 4.450% - 03/0 135,756 145,663
    BANK OF NOVA SCOTIA - 1.950% - 124,844 129,093
    BOEING CO NOTE CALL - 1.875% - 124,033 127,563
    BOSTON PPTYS - 3.800% - 02/01/ 131,766 135,688
    BUNGE LTD FINANCE CORP SR NT C 125,466 138,988
    CELGENE CORP SR UNSECD - 3.875 134,798 140,221
    COMCAST CORP SENIOR NOTE - 4.6 149,119 164,762
    DISNEY WALT CO - 2.000% - 09/0 121,789 130,422
    GILEAD SCIENCES INC SENIOR NOT 128,925 130,338
    GOLDMAN SACHS GROUP INC/THE SE 130,753 136,275
    JOHN DEERE - 2.800% - 09/08/20 128,745 138,938
    JPMORGAN CHASE & CO SUB BOND - 137,114 148,362
    JUNIPER NETWORKS INC - 4.500% 133,756 139,875
    KROGER CO/THE SENIOR BOND - 4. 139,590 153,649
    LEGGETT & PLATT INC SR BD - 3. 129,924 135,875
    MARRIOTT INTL INC - 3.125% - 0 127,305 133,438
    MORGAN STANLEY - 4.350% - 09/0 134,867 147,512
    PEACEHEALTH - 1.375% - 11/15/2 125,000 127,600
    PHILIP MORRIS INTL INC - 2.875 128,405 134,725
    PSEC PWR LLC SR NT - 4.300% - 132,766 136,525
    SEMPRA ENERGY COM - 3.250% - 0 128,348 139,338
    SHERWIN-WILLIAMS - 2.300% - 05 164,964 172,490
    SIMON PROPERTY GROUP LP SENIOR 131,750 138,988
    SUTTER HEALTH - 2.294% - 08/15 149,999 156,764
    TRANSCANADA PIPELINES LTD SR N 139,729 148,762
    TYSON FOODS INC NOTE - 4.875% 147,635 163,737
    UNILEVER CAPITAL CORP SENIOR N 128,538 133,250
    WELLS FARGO CO MTN BE - 3.450% 128,825 132,413

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Gerald L Lennard Foundation Inc
    EIN:
    13-3888381
    Name of Stock End of Year Book Value End of Year Fair Market Value
    2U INC 3,266 3,681
    ABBOTT LABS 129,214 164,344
    ACADIA PHARMACEUTICALS INC 5,218 5,239
    ACCENTURE PLC 308,298 383,717
    ACUITY BRANDS INC 1,693 1,695
    ACUSHNET HOLDINGS CORP 46,412 71,877
    ADAPTEC, INC 3,456 4,316
    ADDUS HOMECARE CORP 1,623 1,991
    ADIDAS AG 6,608 8,967
    ADOBE SYSTEMS, INC 145,890 213,551
    ADVANCED DRAINAGE SYSTEMS INC 1,567 2,758
    ADYEN N.V. 84,122 105,374
    AGCO CP 12,593 16,082
    AGIOS PHARMACEUTICALS INC 4,571 3,900
    AIA GROUP LTD ADR 170,299 205,560
    AIR PRODS & CHEM INC 15,454 20,218
    AIRBUS GROUP 3,425 4,781
    ALASKA AIR GROUP INC 3,067 3,536
    ALBEMARLE CP 1,548 2,508
    ALCON INC 110,787 124,372
    ALIGN TECHNOLOGY, INC 42,749 87,638
    ALLEGION PLC 2,825 3,259
    ALLY FINANCIAL INC 1,343 1,426
    ALPHABET INC CL A 62,695 87,632
    ALPHABET INC CL C 160,407 197,962
    AMADEUS IT HLDS SA 119,720 118,496
    AMAZON COM 13,054 39,083
    AMEDISYS INC - COMMON STOCK 9,816 14,960
    AMERICA'S CAR-MART, INC 1,255 1,428
    AMERICAN ELECTRIC POWER INC 29,650 27,562
    AMERICAN EXPRESS CO 14,190 17,532
    AMERICAN TOWER REIT INC 24,682 26,262
    AMERICAN WELL CORP 4,421 4,002
    AMERISOURCEBERGEN CORP 6,128 6,257
    AMGEN INC 83,831 78,173
    ANALOG DEVICES INC 14,496 18,762
    ANSYS INC 6,485 8,367
    ANTERO MIDSTREAM CORPORATION 1,274 1,527
    ANTHEM INC 10,688 11,880
    AON PLC CL A 69,675 71,198
    APPLE INC 6,916 13,136
    APTAR GROUP INC 23,420 27,789
    APTIV PLC 17,181 22,670
    ARCUS BIOSCIENCES 1,310 1,142
    ARENA PHARMACEUTICALS, INC. 3,356 3,995
    ARTISAN PARTNERS ASSET MANAGEM 30,441 45,155
    ASML HOLDING NV NY REG SHS 120,372 190,699
    ASPEN TECHNOLOGY, INC 78,169 81,927
    AT HOME CORP 98,922 121,736
    ATHENE HOLDING LTD 4,698 5,306
    ATLAS COPCO AB A SHS ADR 83,468 107,881
    ATLASSIAN CORP PLC 3,447 4,444
    ATRION CORPORATION 32,127 28,901
    AUTODESK, INC 82,464 146,258
    AVATAR HOLDINGS INC. 10,339 11,936
    AVERY DENNISON CORP 2,619 3,568
    AVIS BUDGET GROUP INC 1,719 2,163
    BADGER METER, INC 1,581 2,352
    BALL CP 6,100 8,013
    BANCORPSOUTH BANK 1,440 1,729
    BANK NEW YORK MELLON CORP COM 7,803 8,997
    BANK OF AMERICA CORP 23,102 26,885
    BANKUNITED, INC 1,416 2,539
    BERKSHIRE HATHAWAY INC. CLASS 9,944 12,289
    BEYOND MEAT INC 1,167 875
    BIO RAD LABS INC CL A 7,145 8,744
    BIOTELEMETRY INC 1,736 2,595
    BLACKLINE INC 5,078 8,936
    BLACKROCK INC 54,293 70,711
    BLOOM ENERGY CORP 8,726 10,862
    BLUEBIRD BIO INC 2,270 1,601
    BRAMBLES LTD UNSP AD 10,629 11,409
    BRIGHT HORIZONS FAMILY SOLUTIO 3,946 4,671
    BRIGHTHOUSE FINANCIAL INC 1,546 1,847
    BRUKER CORPORATION 3,883 4,872
    BUNGE LTD 9,667 12,460
    BURBERRY GROUP PLC 4,671 5,772
    CACTUS, INC. CLASS A 887 1,147
    CADENCE BANCORPORATION 1,578 2,233
    CADENCE DESIGN SYSTEMS INC 7,399 9,141
    CALVERT EMERGING MARKETS EQUIT 214,555 314,332
    CANADIAN PACIFIC RAILWAY LTD 119,477 159,131
    CAPITAL ONE FINANCIAL CORP 7,018 7,315
    CARDIOVASCULAR SYSTEMS, INC. 1,288 1,532
    CARDLYTICS 3,062 6,710
    CAVCO INDS INC DEL 1,167 1,053
    CELLNEX TELECOM ADR 2,896 2,993
    CF INDUSTRIES HOLDINGS, INC 11,133 13,626
    CHARLES SCHWAB CORP 5,258 7,691
    CHARTER COMMUNICATIONS, INC 19,139 23,154
    CHEMED CORP 6,212 6,924
    CHEMICAL AND MINING CO OF CHIL 1,541 2,896
    CHILDREN'S PLACE 1,604 2,756
    CHINA MENGNIU DAIRY COMPANY AD 9,698 11,770
    CHOICE HOTELS INTERNATIONAL IN 2,249 2,882
    CHUBB LIMITED 75,954 80,808
    CIRRUS LOGIC INC 1,622 1,891
    CISCO SYSTEMS INC 89,370 91,738
    CLEARWAY ENERGY, INC. CLASS C 1,968 2,618
    COGENT COMMUNICATIONS GROUP, I 2,437 1,916
    COLUMBIA SPORTSWEAR CO 1,936 1,922
    COMCAST CORP 105,870 128,275
    COMMSCOPE HOLDING COMPANY INC 2,269 2,854
    CONAGRA FOODS INC 16,856 16,208
    CONTL AG SPONS ADR 13,444 16,830
    CORESITE REALTY CORPORATION 3,449 3,508
    COSTAR GROUP, INC 10,054 13,864
    CRACKER BARREL OLD COUNTRY STO 1,966 1,979
    CRANE CO 30,044 28,579
    CSL LTD 155,420 168,089
    DANAHER CORP 29,729 38,652
    DARLING INGREDIENTS INC 1,799 3,172
    DEERE CO 11,112 18,834
    DIAGEO PLC ADS 58,254 57,966
    DICK'S SPORTING GDS 1,586 1,967
    DIGITAL RLTY TR INC 13,743 12,137
    DINEEQUITY INC 1,779 1,972
    DISH NETWORK CORPORATION 17,239 17,787
    DOLLAR GENERAL CORP 66,244 86,854
    DOMYX 297,745 366,230
    DONALDSON CO. INC 36,862 38,278
    DOUGLAS EMMETT INC 2,335 2,305
    DRIL QUIP INC 36,752 25,325
    DSV UNSP ADR EACH REPR 0.5 ORD 94,956 141,238
    DYNATRACE 8,775 9,303
    EATON CORP PLC 14,951 19,102
    EATON VANCE TAX-MAN BUY WRITE 474,506 488,100
    ECOLAB INC 29,501 30,939
    EDISON INTL 18,172 19,977
    EDITAS MEDICINE INC 2,575 3,576
    EDP-ELECTRICIDADE DE PORTUGAL 8,011 10,699
    EDWARDS LIFESCIENCES 6,483 7,755
    ELASTIC NV 4,353 7,453
    EMCOR GROUP INC 63,428 83,869
    EMERSON ELECTRIC CO 9,866 11,654
    ENCORE CAPITAL GROUP INC 1,769 1,636
    ENPHASE ENERGY ORD SHS 648 2,106
    EQUINOR ASA 12,108 13,481
    ERSTE BK DER OEST SP 1,837 2,410
    ERSTE GROUP BANK AG 9,627 13,744
    ETSY INC 4,025 7,828
    EVERCORE PARTNERS INC 2,660 4,166
    EXPERIAN GROUP LTD S/ADR 138,836 151,233
    FACEBOOK INC 175,419 235,464
    FACTSET RESH SYST INC 52,859 62,510
    FANUC LIMITED UNSPONSORED 6,262 8,419
    FASTENAL COMPANY 6,756 8,008
    FERRARI NV 59,711 88,365
    FIRST HAWAIIAN INC 89,572 90,194
    FISHER AND PAYKEL HEALTHCARE 6,436 6,599
    FIVE BELOW INC 9,572 15,223
    FIVE9 INC 2,887 3,488
    FLOOR AND DECOR HOLDINGS 3,076 4,921
    FORTIVE CORPORATION 7,113 8,853
    FRANKLIN ELECTRIC CO., INC 1,424 1,869
    FRANKLIN LIBERTY HIGH YIELD CO 256,454 299,475
    FTI CONSULTING INC 72,934 79,656
    GALP ENERGIA, SGPS, S.A. 5,955 6,566
    GARTNER INC 65,205 70,323
    GENMAB A/S SPON 12,925 14,068
    GENTEX CORPORATION 3,199 4,072
    GIVAUDAN SA UNSP/ADR 5,818 6,789
    GLOBANT SA 7,799 11,533
    GRACO INC 67,544 91,595
    GRAND CANYON EDUCATION, INC 6,214 6,052
    GUIDEWIRE SOFTWARE INC 3,371 4,248
    HANNON ARMSTRONG SUST INFRAST 791 1,205
    HDFC BANK LTD ADR 139,199 164,681
    HEALTHCARE SVCS GROUP INC 4,554 5,199
    HEICO CORP 7,543 9,400
    HENKEL & KGAA PREF SHS 11,914 12,397
    HENRY JACK & ASSOC INC 40,977 41,793
    HOME DEPOT INC 97,941 109,435
    HONEYWELL INTL 12,861 21,908
    HOYA CORP SPONS ADR 4,829 6,940
    HUB GROUP, INC 769 855
    HYATT HOTELS CORP 3,237 4,307
    IAA INC 2,329 2,794
    IAC INTERACTIVE CORP 4,332 6,249
    ICON PLC - AMERICAN DEPOSITARY 54,928 63,174
    IDEXX CORP 12,785 19,995
    IGM BIOSCIENCES ORD SHS 2,617 3,002
    IHS MARKIT LTD 64,661 64,678
    ILLINOIS TOOL WORKS 12,459 14,475
    ILLUMINA INC COM 52,224 63,270
    INCYTE CORPORATION 11,936 10,873
    INDUSTRIA DE DISENO 4,946 5,550
    INFINEON TECH ADS 18,321 21,665
    INNOVATIVE INDUSTRIAL PROPERTI 2,194 2,930
    INPHI CORPORATION 3,163 4,172
    INTEL CORP 94,324 74,581
    INTERSECT ENT INC 956 1,649
    INTUIT 10,752 14,054
    INTUITIVE SURGICAL 54,265 60,539
    IPG PHOTONICS CORP 9,595 11,861
    IRHYTHM TECHNOLOGIES INC 2,963 5,219
    IROBOT CORPORATION 3,230 3,212
    IRONWOOD PHARMACEUTICALS INC 7,198 7,802
    ISHARES IBOXX $ HIGH YIELD COR 250,162 281,543
    ISHARES INC ISHARES MSCI EM ES 149,683 205,156
    ISHARES JP MORGAN USD EM MKTS 351,501 359,321
    ISHARES MSCI KLD 400 SOCIAL IN 1,051,037 1,276,989
    ISHARES TRUST ISHARES MSCI EAF 204,039 247,167
    JOHNSON & JOHNSON 104,546 111,740
    JP MORGAN CHASE 100,339 102,927
    JUST EAT TAKEAWAY COM NV 6,492 6,720
    KAO CORP 6,818 6,516
    KBC GROUP SA UNSP ADR 3,397 4,326
    KEMPER CORP 2,570 2,689
    KEURIG DR PEPPER INC 7,525 8,544
    KEYCORP CAPITAL B 8.25% CORP B 1,425 1,707
    KINGSPAN GROUP ORD SHS 9,785 7,342
    KONINKLIJKE AHOLD DELHAIZE NV 15,032 14,454
    L'OREAL ADR 6,292 8,148
    LAIDLAW INTL 5,408 4,901
    LAM RESEARCH CORP 8,395 14,640
    LAMB WESTON HOLDINGS INC 1,087 1,417
    LANDSTAR SYSTEM 1,535 1,616
    LEGRAND INC 5,208 6,770
    LIBERTY MEDIA CORPORATION - SE 1,282 1,278
    LINDE PLC COM 87,093 105,931
    LIVANOVA PLC 7,922 10,329
    LIVE OAK BANCSHARES, INC. 814 902
    LIVEPERSON, INC. 1,181 1,929
    LKQ CORPORATION 13,058 14,942
    LOCKHEED MARTIN CORP 68,154 57,862
    LONDON STK EXCHANGE GROUP 9,474 11,410
    LONZA GROUP AG UNSP/ADR 106,018 110,346
    LULULEMON ATHLETICA INC 83,750 122,855
    LVMH MOET HENN UNSP 118,360 162,398
    LYFT INC 9,490 16,655
    M.D.C. HLDGS 1,842 2,090
    M/I HOMES, INC 1,065 1,152
    MANHATTAN ASSOCIATES INC 45,018 69,524
    MARAVAI LIFESCIENCES HOLDINGS 4,722 4,208
    MARRIOTT VACATIONS WORLDWIDE C 1,236 1,784
    MARSH AND MCLENNAN COMPANIES I 74,815 78,858
    MARTIN MARIETTA MATLS INC 5,404 7,667
    MARVEL TECH INC 5,744 10,839
    MASCO CORP 10,042 9,503
    MASTERCARD INC 121,778 139,564
    MCDONALD'S CORP 71,615 75,532
    MEDIA GENERAL CL A 13,015 14,582
    MEDTRONIC PLC 88,856 92,892
    MERCADOLIBRE, INC 97,001 244,582
    MERCK & CO INC 8,421 8,671
    MERITAGE CORPORATION 1,638 1,491
    METTLER-TOLEDO INTL 67,529 98,012
    MICRON TECHNOLOGY 9,028 13,608
    MICROSOFT CORP 364,873 462,189
    MIRATI THERAPEUTICS INC 4,766 5,711
    MOELIS AND COMPANY 42,404 54,803
    MONOLITHIC POWER SYSTEMS, INC 6,143 10,254
    MONOTARO CO., LTD 2,815 3,732
    MORGAN STANLEY INST ULTRA SHOR 9,895,861 9,885,953
    MOTOROLA SOLUTIONS INC 11,176 13,605
    MSCI INC 37,921 58,049
    NATIONAL INSTRUMENTS CORPORATI 6,850 7,777
    NEOGEN CORPORATION 2,221 2,458
    NESTLE S.A 115,710 124,043
    NETFLIX INC 3,448 4,326
    NEVRO CORP 1,030 1,385
    NEW ORIENTAL ED & TECHNOLOGY G 11,780 12,821
    NEXTERA ENERGY, INC 35,352 42,278
    NIDEC CORPORATION ADR 3,066 5,706
    NIKE INC-CL B 53,773 75,828
    NINTENDO CO LTD ADR UNSPON 8,196 12,320
    NORDSON CP 7,958 8,641
    NOVARTIS AG ADR 84,616 87,820
    NOVO NORDISK A S 7,339 7,823
    NVIDIA CORP 4,000 5,744
    OCADO GROUP PLC 3,675 3,612
    ONEMAIN HOLDINGS INC 1,779 2,119
    ORACLE CORP 6,291 7,504
    OTIS WORLDWIDE CORP 9,523 10,808
    OVINTIV INC 1,701 2,499
    OXFORD INDUSTRIES 1,372 1,900
    PACIRA PHARMACEUTICALS INC 1,842 2,394
    PAYCOM SOFTWARE 7,417 11,306
    PAYPAL HOLDINGS, INC 64,516 124,829
    PENTAIR INC. COM 1,762 2,336
    PEPSICO INC 11,894 13,347
    PERNOD-RECARD SA 77,086 83,833
    PHILLIPS 66 51,847 52,105
    PILGRIMS PRIDE CORP 2,667 2,549
    PLUG POWER INC 1,610 2,577
    PLURALSIGHT INC 2,323 2,431
    POOL CORP 68,176 113,240
    PPG INDUSTRIES INC 7,014 9,663
    PRE-PAID LEGAL SERVICES 9,914 9,513
    PRELUDE THERAPEUTICS INC 1,916 3,291
    PREMIER INC 2,077 2,141
    PRICESMART, INC 33,006 45,454
    PRIMERICA, INC 84,086 89,197
    PRINCIPAL PREFERRED SECURITIES 754,479 755,918
    PRINCIPAL REAL ESTATE FUND INS 534,189 541,600
    PROCTER GAMBLE CO 68,604 76,666
    PROGRESSIVE CORP OHIO 7,786 9,789
    PROTO LABS INC 5,966 6,903
    PRUDENTIAL SHORT DURATION HIGH 754,403 758,629
    PRYSMIAN SPA MILANO 18,004 20,939
    PT BK MANDIR PRS UNSP/ADR 12,426 14,845
    QTS REALTY TRUST 1,951 1,856
    QUALCOMM INC 7,610 9,597
    R L I CP 39,844 47,701
    RAYTHEON TECHNOLOGIES CORP 40,102 42,691
    RBC BEARINGS INCORPORATED 42,740 48,699
    REALOGY HOLDINGS CORP 1,286 2,152
    REDFIN CORP 1,615 2,265
    REGENERON PHARMACEUTICALS INC 57,288 68,119
    RENEWABLE ENERGY GROUP INC 631 1,487
    RENTOKIL INITIAL PLC SPON ADR 6,362 7,227
    REPUBLIC SVCS INC 37,730 39,002
    RESMED INC 108,222 140,502
    REXFORD INDUSTRIAL REALTY INC 3,170 3,683
    REYNOLDS CONSUMER PRODUCTS INC 10,247 9,102
    RIGHTMOVE PLC ADR 92,453 94,745
    RITCHIE BROS AUCTIONEERS 6,835 10,780
    RITE AID CORP 2,835 2,311
    ROCHE HOLDING LTD ADR 12,168 12,100
    ROCKWELL AUTOMATION INC 37,424 45,898
    ROLLINS INC 6,161 8,244
    SAGE THERAPEUTICS INC 3,034 3,287
    SALESFORCE.COM 98,068 121,501
    SANGAMO BIOSCIENCES INC 820 1,124
    SCHNITZER STEEL INDUSTRIES, IN 619 1,244
    SEAGEN INC 6,078 6,130
    SELECT SECTOR SPDR ENERGY FUND 478,178 478,298
    SEMPRA ENERGY COM 19,872 20,258
    SERVICE NOW 89,893 145,864
    SHISEIDO CO LTD 5,791 6,376
    SHOPIFY INC 60,401 124,515
    SIKA AG BEARER SHS 64,138 94,461
    SIMPSON MANUFACTURING CO INC 55,907 64,574
    SITEONE LANDSCAPE SUPPLY INC 3,510 5,076
    SMITH & NEPHEW PLC ADR 102,540 95,515
    SMITH A O CORP DEL COM 1,930 2,193
    SOLAREDGE TECHNOLOGIES INC 2,544 5,106
    SPECTRIS PLC 16,203 17,268
    SPOTIFY TECHNOLOGY SA 4,381 7,237
    SQUARE INC 4,731 6,094
    STARBUCKS CORP COM 86,957 112,757
    STEEL DYNAMICS INC 3,123 3,023
    STERICYCLE INC 9,388 9,914
    STERIS PLC 76,777 95,528
    STONECO LTD 3,282 7,469
    SUMITOMO MITSUI FINCL GRP 12,536 13,642
    T-MOBILE US INC 11,956 15,777
    TAIWAN SEMICONDUCTOR MFG CO LT 129,641 247,412
    TAKEDA PHARMACEUTICAL COMPANY 16,963 17,272
    TC ENERGY CORPORATION 7,708 7,085
    TE CONNECTIVITY LTD 15,977 22,640
    TEAMVIEWER AG 7,561 8,464
    TELADOC INC 4,895 5,599
    TELEDYNE TECH INC 128,374 137,977
    TELEPERFORMANCE SA 5,099 6,859
    TEMENOS GROUP AG 4,980 4,673
    TENCENT HOLDINGS LIMITED 83,275 114,593
    TETRA TECH INC 1,698 2,431
    TEXAS INSTRUMENTS INC 70,658 89,615
    THE CHEFS' WAREHOUSE, INC 1,686 2,723
    THE CHEMOURS CO 3,126 3,818
    THE COCA-COLA CO 107,409 108,254
    THE LOVESAC COMPANY 960 1,336
    THE REALREAL ORD SHS 2,997 4,006
    THERMO FISHER SCIENTIFIC INC 8,123 12,576
    THOMSON REUTERS CORPORATION 4,695 5,650
    TOKYO ELECTRON LTD 5,549 9,265
    TOLL BROTHERS INC 2,522 2,869
    TORO CO 66,890 79,571
    TRAVELERS COMPANIES INC 6,468 8,422
    TREX CO INC 1,423 1,842
    TRIMBLE NAV LTD 14,580 18,696
    TRUIST FINANCIAL CORPORATION 40,293 36,762
    TRUPANION INC 2,763 5,746
    TYLER TECHNOLOGIES, INC 14,419 17,024
    U.S. PHYSICAL THERAPY INC 628 962
    ULTRAGENYX PHARMACEUTICAL INC 3,058 3,599
    UMICORE SA 3,377 3,546
    UNION PACIFIC 56,992 71,211
    UNITED NATURAL FOODS, INC 2,941 2,411
    UNITED PARCEL SERVICE 54,282 61,466
    UNITEDHEALTH GROUP INC 106,011 117,478
    UNIVERSAL DISPLAY CORP 14,257 16,086
    US BANCORP 6,021 7,687
    US FOODS HOLDING CORPORATION 4,873 5,696
    USD TRONOX LTD 1,098 1,725
    V F CORP 67,018 71,403
    VARONIS SYSTEMS INC 2,815 5,236
    VEEVA SYSTEMS INC 7,469 9,529
    VERISK ANALYTICS, INC 17,532 21,382
    VERTIV CL A 7,667 8,607
    VESTAS WIND SYS UNSP/ADR 4,194 5,711
    VISA INC 139,950 160,110
    VMWARE INC 15,803 14,587
    VOYA FINANCIAL INC 2,712 3,235
    WALKER & DUNLOP INC 763 1,380
    WATTS WATER TECHNOLOGIES INC 55,602 69,734
    WEST PHARMA SVCS INC 15,352 20,115
    WORLD WRESTLING ENT 4,806 5,189
    WORLDLINE 5,195 5,571
    WYNDHAM HOTELS & RESORTS INC C 2,691 3,388
    YETI HOLDINGS, INC. 868 1,164
    ZENDESK INC 14,749 19,464
    ZOETIS INC 106,581 129,090
    ZYMEWORKS ORD SHS 2,545 2,599

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    Gerald L Lennard Foundation Inc
    EIN:
    13-3888381
    US Government Securities - End of Year Book Value:

    5,301,428
    US Government Securities - End of Year Fair Market Value:

    5,402,993
    State & Local Government Securities - End of Year Book Value:


    1,265,066
    State & Local Government Securities - End of Year Fair Market Value:


    1,306,446


    TY 2020 InvestmentsOtherSchedule2
    Name:
    Gerald L Lennard Foundation Inc
    EIN:
    13-3888381
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALKEON GROWTH OFFSHORE FUND   975,000 1,094,651
    BLACKSTONE REAL ESTATE INCOME   500,000 510,011
    EXODUSPOINT PARTNERS INTL FUND   450,000 466,621
    FORTRESS LENDING FUND II A LP   189,579 189,579
    MILLENNIUM INTL LTD - HH   110,000 119,712
    PE PREMIER BX STRATEGIC PARTNE   18,772 21,231
    PE PREMIER OAKTREE OPP XI OFFS   46,875 48,867
    POINT72 CAPITAL INTERNATIONAL   700,000 787,473
    SEG PARTNERS OFFSHORE LTD   575,000 686,871
    TALF 2.0 FUND (CAYMAN) LP   225,000 225,000
    TRUEBRIDGE SELECT I CAYMAN      
    AFTER FREDERIC REMINGTON   1,500 1,500
    FERNAND LGER "FEMME COUCHE"   375,000 375,000
    GINO SEVERINI - "JOUEUR DE GUI   425,000 425,000
    HENRI LAURENS "LA CHEVELURE"   250,000 250,000

    TY 2020 OtherAssetsSchedule
    Name:
    Gerald L Lennard Foundation Inc
    EIN:
    13-3888381
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ARTWORK 1,051,500    
    CASH IN TRANSIT 2,200    


    TY 2020 OtherDecreasesSchedule
    Name:
    Gerald L Lennard Foundation Inc
    EIN:
    13-3888381
    Description Amount
    PRIOR PERIOD ADJUSTMENT 20,887


    TY 2020 OtherExpensesSchedule
    Name:
    Gerald L Lennard Foundation Inc
    EIN:
    13-3888381
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 80,000     80,000
    Bank Charges 1,109 1,109    
    K-1 Exp FORTRESS LENDING FUND 53 53    
    K-1 Exp TRUEBRIDGE SELECT I CA 5,000 5,000    
    Postage/Delivery Service 20     20
    Registered Agent Fee 1,883     1,883
    State or Local Filing Fees 25     25


    TY 2020 OtherIncomeSchedule2
    Name:
    Gerald L Lennard Foundation Inc
    EIN:
    13-3888381
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss FORTRESS LENDING FUND II A LP 2,132 2,132  


    TY 2020 OtherIncreasesSchedule
    Name:
    Gerald L Lennard Foundation Inc
    EIN:
    13-3888381
    Description Amount
    RETURNED GRANT 7,000


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Gerald L Lennard Foundation Inc
    EIN:
    13-3888381
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 172,308 172,308    


    TY 2020 TaxesSchedule
    Name:
    Gerald L Lennard Foundation Inc
    EIN:
    13-3888381
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 11,600      
    990-PF Extension for 2019 15,000      
    Foreign Tax Paid 4,903 4,903    
    IRS MISCELLANEOUS FEE 999