TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 04-01-2021 , and ending 03-31-2022

Name of foundation
FOUNDATION FOR CHILD DEVELOPMENT

Number and street (or P.O. box number if mail is not delivered to street address)475 RIVERSIDE DRIVE 248
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY101150010

A Employer identification number

13-1623901

B Telephone number (see instructions)

(212) 867-5777

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$119,744,027J Accounting method: Cash Accrual
Other (specify)Modified Cash
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	127		127
4	Dividends and interest from securities...	2,238,078		2,240,574
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		5,378,070
b	Gross sales price for all assets on line 6a 27,463,727
7	Capital gain net income (from Part IV, line 2)...			5,402,509
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).......		0	29,904
12	Total. Add lines 1 through 11........	7,616,275		7,673,114
13	Compensation of officers, directors, trustees, etc.	361,000		18,050	342,950
14	Other employee salaries and wages......	563,145		8,811	554,334
15	Pension plans, employee benefits.......	280,553		6,059	274,494
16a	Legal fees (attach schedule).........		23,880	0	23,880
b	Accounting fees (attach schedule).......		57,055	10,000	47,055
c	Other professional fees (attach schedule)....		566,896	366,331	200,565
17	Interest...............			1,145
18	Taxes (attach schedule) (see instructions)...		110,500	0	500
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............	71,548		0	71,548
21	Travel, conferences, and meetings.......	45,886		0	45,886
22	Printing and publications..........
23	Other expenses (attach schedule).......		195,900	401,770	195,152
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	2,276,363		812,166	1,756,364
25	Contributions, gifts, grants paid.......	3,500,000			3,500,000
26	Total expenses and disbursements. Add lines 24 and 25	5,776,363		812,166	5,256,364
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,839,912
b	Net investment income (if negative, enter -0-)			6,860,948
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	74,146	13,489	13,489
	2	Savings and temporary cash investments.........	1,661,204	1,290,845	1,290,845
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	8,155,542	9,132,365	9,132,365
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......	13,881,176	12,503,715	12,503,715
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	93,239,316	96,803,613	96,803,613
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	117,011,384	119,744,027	119,744,027
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	113,952,846	116,780,162
	25	Net assets with donor restrictions............	3,058,538	2,963,865
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	117,011,384	119,744,027
	30	Total liabilities and net assets/fund balances (see instructions).	117,011,384	119,744,027

Part III

Analysis of Changes in Net Assets or Fund Balances

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

117,011,384

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

1,839,912

Other increases not included in line 2 (itemize) bullet

892,731

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

119,744,027

Decreases not included in line 2 (itemize) bullet

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

119,744,027

Form 990-PF (2021)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation
1 a	PUBLICLY TRADED SECURITIES	P
b	SEVEN BRIDGES ENERGY FUND LP	P
c	CAPITAL GAINS DIVIDENDS	P
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	27,368,723	24,077,630	3,291,093
b			24,439
c	2,086,977		2,086,977
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			3,291,093
b			24,439
c			2,086,977
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	5,402,509
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Form 990-PF (2021)

Page 4

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	95,367
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	95,367
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	114,156
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	114,156
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	51
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	18,738
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax18,738	Refunded	11	0

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

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

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes Click to see attachment

....

Yes

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

Yes

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

Yes

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

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

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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

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

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

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

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

Yes

Website address bullet

WWW.FCD-US.ORG

The books are in care of bullet

THE FOUNDATION Telephone no. bullet

(212) 867-5777

Located at bullet

475 RIVERSIDE DRIVE SUITE 248NEW YORKNY ZIP+4 bullet

101150010

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

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

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

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

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

Yes

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

1a(4)

Yes

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

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

1a(5)

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

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

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

1a(6)

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

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

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

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

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

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

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

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

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

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2021)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation
H MELVIN MING	CHAIRPERSON 0.50	0	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	CHAIRPERSON 0.50	0	0
MARILOU HYSON	VICE CHAIRPERSON 0.50	0	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	VICE CHAIRPERSON 0.50	0	0
WALTER K FRYE	TREASURER 0.50	0	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	TREASURER 0.50	0	0
VELMA MCBRIDE MURRY	SECRETARY 0.50	0	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	SECRETARY 0.50	0	0
TAMMY L MANN	DIRECTOR 0.50	0	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	DIRECTOR 0.50	0	0
CYNTHIA GARCIA COLL	DIRECTOR 0.50	0	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	DIRECTOR 0.50	0	0
JOSEPH TOBIN	DIRECTOR 0.50	0	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	DIRECTOR 0.50	0	0
LYNN KAROLY	DIRECTOR 0.50	0	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	DIRECTOR 0.50	0	0
ELENA FUENTES-AFFLICK	DIRECTOR 0.50	0	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	DIRECTOR 0.50	0	0
GREGG AUERBACH	DIRECTOR 0.50	0	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	DIRECTOR 0.50	0	0
BILL LEWIS	DIRECTOR 0.50	0	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	DIRECTOR 0.50	0	0
VIRGINIA KLEIN	DIRECTOR 0.50	0	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	DIRECTOR 0.50	0	0
SAL LASPADA	DIRECTOR 0.50	0	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	DIRECTOR 0.50	0	0
DREW WHITE	DIRECTOR 0.50	0	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	DIRECTOR 0.50	0	0
JACQUELINE JONES	PRESIDENT AND CEO 40.00	365,484	79,679
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	PRESIDENT AND CEO 40.00	365,484	79,679

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
SARA VECCHIOTTI	VICE PRESIDENT 40.00	213,700	59,938	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	VICE PRESIDENT 40.00	213,700	59,938	0
ANDREA KENT	PROGRAM OFFICER 40.00	81,379	54,260	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	PROGRAM OFFICER 40.00	81,379	54,260	0
SHERICE BRAMMER	COMMUNICATIONS OFFIC 40.00	84,100	44,147	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	COMMUNICATIONS OFFIC 40.00	84,100	44,147	0
DOROTHY PFLAGER	EXECUTIVE ASSISTANT 40.00	83,438	20,080	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	EXECUTIVE ASSISTANT 40.00	83,438	20,080	0
TIM MURRAY	MANAGER OF FINANCE & 40.00	65,273	11,013	0
475 RIVERSIDE DRIVE SUITE 248 NEW YORK,NY101150010	MANAGER OF FINANCE & 40.00	65,273	11,013	0
Total number of other employees paid over $50,000...................				0

Form 990-PF (2021)

Page 7

Part VII

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

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
GOLDMAN SACHS & CO LLC	INVESTMENT ADVISORY FEES	366,331
200 WEST STREET 39TH FLOOR NEW YORK,NY10282	INVESTMENT ADVISORY FEES	366,331
PHILLIPS OPPENHEIM GROUP INC	EMPLOYEE RECURITMENT	81,111
135 W 50TH STREET SUITE 200 NEW YORK,NY10020	EMPLOYEE RECURITMENT	81,111
NEIMAND COLLABORATIVE	CONTENT AND DESIGN SERVICES	70,025
1100 VERMONT AVENUE NW SUITE 200 WASHINGTON,DC20005	CONTENT AND DESIGN SERVICES	70,025
VFRAMEWORK LLC	IT MSP MANAGED SERVICE PROVIDER	69,294
244 FIFTH AVE SUITE C272 NEW YORK,NY10001	IT MSP MANAGED SERVICE PROVIDER	69,294

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	YOUNG SCHOLARS PROGRAM - SUPPORTS A GROWING NETWORK OF EARLY CAREER SCHOLARS TAKING ON RESEARCH PROJECTS THAT ARE POLICY- AND PRACTICE-RELEVANT AND EXAMINE THE PREPARATION, COMPENSATION, WELL-BEING, AND ON-GOING PROFESSIONAL LEARNING OF THE EARLY CARE AND EDUCATION WORKFORCE. THE FOUNDATION NOT ONLY PROVIDES GRANTS TO SUPPORT THEIR WORK, BUT ALSO CONVENES MEETINGS AND WORKSHOPS THAT ENCOURAGE NETWORKING AND MENTORING IN ADDITION TO PROFESSIONAL DEVELOPMENT TO BUILD RESEARCH AND COMMUNICATIONS SKILLS. THE CURRENT NETWORK INCLUDES 67 YOUNG SCHOLARS AND 11 INAUGURAL PROMISING SCHOLARS.	176,294
2	POLICY & COMMUNICATIONS PROGRAM - LEVERAGES AND AUGMENTS THE IMPACT OF THE FOUNDATION'S GRANTS, THROUGH A STRATEGIC COMMUNICATIONS PROGRAM THAT REACHES OUT TO THE FIELD OF EARLY EDUCATION RESEARCHERS, PRACTITIONERS AND POLICY MAKERS AS WELL AS THE GENERAL PUBLIC THROUGH PUBLICATIONS, AN ELECTRONIC NEWSLETTER AND SOCIAL MEDIA, AND CONVENINGS.	395,160
3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2021)

Page 8

Part IX

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

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

purposes:

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

120,368,363

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

1,476,263

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

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

121,844,626

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

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

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

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

121,844,626

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

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

1,827,669

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

120,016,957

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

6,000,848

Part X

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

and do not complete this part.)

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

6,000,848

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

95,367

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

9,384

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

104,751

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

5,896,097

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

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

5,896,097

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

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

5,896,097

Part XI

Qualifying Distributions (see instructions)

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

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

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7					5,896,097
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......
b From 2017......
c From 2018......	252,131
d From 2019......	1,351,318
e From 2020......
f Total of lines 3a through e ........		1,603,449
4Qualifying distributions for 2021 from Part
XI, line 4: $ 5,256,364
a Applied to 2020, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2021 distributable amount.....					5,256,364
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2021.		639,733			639,733
(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		963,716
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		963,716
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....	963,716
d Excess from 2020....
e Excess from 2021....

Form 990-PF (2021)

Page 10

Part XIII

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

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

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

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

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

Part XIV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

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

SEE FOUNDATION'S WEBSITE FOR INFORM
475 RIVERSIDE DRIVE SUITE 248
NEW YORK,NY10115
(212) 867-5777

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

THE FOUNDATION FOR CHILD DEVELOPMENT DOES NOT ACCEPT UNSOLICITED PROPOSALS, RATHER, REQUESTS FOR FUNDING ARE SUBMITTED TO THE FOUNDATION BY INVITATION ONLY. WE FUND ORGANIZATIONS THAT ARE NON-PROFIT, PUBLIC CHARITIES AS RECOGNIZED BY THE UNITED STATES INTERNAL REVENUE SERVICE UNDER THE INTERNAL REVENUE CODE 501(C)(3). OUR YOUNG SCHOLARS PROGRAM FOR FELLOWSHIP GRANTS IS OUR ONLY OPEN COMPETITION. PLEASE VISIT THE YOUNG SCHOLARS PROGRAM PAGE FOR MORE INFORMATION ABOUT ELIGIBILITY AND THE APPLICATION PROCESS.

cAny submission deadlines:

APPLICATION DEADLINES CAN BE FOUND ON THE FOUNDATION'S WEBSITE: FCD-US.ORG

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

RESTRICTIONS AND LIMITATIONS CAN BE FOUND ON THE FOUNDATION'S WEBSITE: FCD-US.ORG

Form 990-PF (2021)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AMERICAN EDUCATIONAL RESEARCH ASSOCIATION 1430 K STREET NW WASHINGTON,DC20005	N/A	PC	SPECIAL INITIATIVE	2,500
ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY PO BOX 2260 TEMPE,AZ85280	N/A	PC	YOUNG SCHOLARS PROGRAM	125,000
ASIAN AMERICANPACIFIC ISLANDERS IN PHILANTHROPY 300 FRANK OGAWA PLAZA SUITE 256 OAKLAND,CA94612	N/A	PC	ANNUAL SUPPORT	2,500
ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC 42 BROADWAY 20TH FLOOR NEW YORK,NY10004	N/A	PC	ANNUAL SUPPORT	2,500
BRAZELTON TOUCHPOINTS PROJECT INCCO BRAZELTON TOUCHPOINTS CENTER 1295 BOYLSTON STREET SUITE 320 BOSTON,MA02215	N/A	PC	ECE WORKFORCE	10,000
BRAZELTON TOUCHPOINTS PROJECT INCCO BRAZELTON TOUCHPOINTS CENTER 1295 BOYLSTON STREET SUITE 320 BOSTON,MA02215	N/A	PC	ECE WORKFORCE	287,348
BROWN UNIVERSITY OFFICE OF SPONSORED PROJECTS BOX 1929 PROVIDENCE,RI029129002	N/A	PC	YOUNG SCHOLARS PROGRAM	122,000
CANDID 32 OLD SLIP 24TH FLOOR NEW YORK,NY10005	N/A	PC	ANNUAL SUPPORT	5,000
CAYL INSTITUTE INC 47 MAPLE STREET MILTON,MA02186	N/A	PC	ECE WORKFORCE	30,000
CENTER FOR COMMUNITY CHANGE 1536 U STREET NW WASHINGTON,DC20009	N/A	PC	ECE WORKFORCE	200,000
CENTER FOR DISASTER PHILANTHROPY INC ONE THOMAS CIRCEL NW SUITE 700 WASHINGTON,DC20005	N/A	PC	SPECIAL INITIATIVE	20,000
CHILD TRENDS INCORPORATED 7315 WISCONSIN AVENUE SUITE 1200W BETHESDA,MD208143666	N/A	PC	YOUNG SCHOLARS PROGRAM	134,000
COUNCIL FOR PROFESSIONAL RECOGNITION 2460 16TH STREET NW WASHINGTON,DC20009	N/A	PC	ECE WORKFORCE	10,000
EAST CAROLINA UNIVERSITY MAIL STOP 505 127 RIVERS WEST BUILDING GREENVILLE,NC27858	N/A	PC	YOUNG SCHOLARS PROGRAM	3,000
EAST CAROLINA UNIVERSITY MAIL STOP 505 127 RIVERS WEST BUILDING GREENVILLE,NC27858	N/A	PC	YOUNG SCHOLARS PROGRAM	5,000
EDUCATION WRITERS ASSOCIATION 1825 K STREET NW SUITE 200 WASHINGTON,DC20006	N/A	PC	ECE WORKFORCE	118,000
ERIKSON INSTITUTE 451 N LASALLE ST CHICAGO,IL60654	N/A	PC	SPECIAL INITIATIVE	6,000
ERIKSON INSTITUTE 451 N LASALLE ST CHICAGO,IL60654	N/A	PC	ECE WORKFORCE	101,000
GEORGIA SOUTHERN UNIVERSITY RESEARCH AND SERVICE POST OFFICE BOX 8005 STATESBORO,GA304608005	N/A	PC	YOUNG SCHOLARS PROGRAM	3,000
GEORGIA SOUTHERN UNIVERSITY RESEARCH AND SERVICE POST OFFICE BOX 8005 STATESBORO,GA304608005	N/A	PC	YOUNG SCHOLARS PROGRAM	5,000
GRANTMAKERS FOR EDUCATION 851 SW 6TH AVENUE SUITE 350 PORTLAND,OR97204	N/A	PC	ANNUAL SUPPORT	1,300
GRANTMAKERS FOR EFFECTIVE ORGANIZATIONS 1310 L STREET NW SUITE 650 WASHINGTON,DC20005	N/A	PC	ANNUAL SUPPORT	2,090
HISPANICS IN PHILANTHROPY 414 13TH STREET SUITE 200 OAKLAND,CA94612	N/A	PC	ANNUAL SUPPORT	3,000
JAMES B HUNT JR INSTITUTE FOR EDUCATIONAL LEADERSHIP AND POLICY FOUNDATION 4000 CENTREGREEN WAY SUITE 301 CARY,NC27513	N/A	PC	SPECIAL INITIATIVE	15,000
NATIONAL ASSOCIATION OF EARLY CHILDHOOD SPECIALISTS IN STATE DEPARTMENTS OF 308 E LAKE DRIVE GREENSBORO,NC27401	N/A	PC	ECE WORKFORCE	25,000
NATIONAL ASSOCIATION OF ELEMENTARY SCHOOL PRINCIPALS (NAESP) FOUNDATION 1615 DUKE STREET ALEXANDRIA,VA22314	N/A	PC	ECE WORKFORCE	200,000
NATIONAL ASSOCIATION OF STATE BOARDS OF EDUCATION 333 JOHN CARLYLE ST SUITE 530 ALEXANDRIA,VA22314	N/A	PC	ECE WORKFORCE	100,000
NATIONAL COMMITTEE FOR RESPONSIVE PHILANTHROPY 1900 L STREET NW SUITE 825 WASHINGTON,DC20036	N/A	PC	ANNUAL SUPPORT	1,500
NATIONAL LEAGUE OF CITIES INSTITUTE INC 660 NORTH CAPITOL STREET NW SUITE 450 WASHINGTON,DC20001	N/A	PC	ECE WORKFORCE	100,000
NEW YORK ACADEMY OF MEDICINE (NYAM) 1216 5TH AVE NEW YORK,NY10029	N/A	PC	YOUNG SCHOLARS PROGRAM	70,000
PEAK GRANTMAKING INC 1666 K STREET NW SUITE 440 WASHINGTON,DC200061242	N/A	PC	ANNUAL SUPPORT	1,250
PHILANTHROPY NEW YORK 320 EAST 43RD STREET NEW YORK,NY10017	N/A	PC	ANNUAL SUPPORT	7,250
PORTLAND STATE UNIVERSITY FOUNDATION PO BOX 243 PORTLAND,OR97201	N/A	PC	YOUNG SCHOLARS PROGRAM	75,000
REGENTS OF THE UNIVERSITY OF CALIFORNIA 2521 CHANNING WAY 5555 BERKELEY,CA94720	N/A	PC	ECE WORKFORCE	216,000
RESEARCH FOUNDATION OF CUNY 16 COURT ST 31ST FLOOR BROOKLYN,NY11241	N/A	PC	YOUNG SCHOLARS PROGRAM	5,000
RESEARCH FOUNDATION OF CUNY 16 COURT STREET 31ST FLOOR BROOKLYN,NY11241	N/A	PC	YOUNG SCHOLARS PROGRAM	3,000
RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK 160 CONVENT AVENUE NEW YORK,NY10031	N/A	PC	ECE WORKFORCE	92,000
RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK 16 COURT ST 31ST FLOOR BROOKLYN,NY11241	N/A	PC	ECE WORKFORCE	200,000
THE CURATORS OF THE UNIVERSITY OF MISSOURI 303 TOWNSEND HALL COLUMBIA,MO65211	N/A	PC	YOUNG SCHOLARS PROGRAM	101,000
THE REGENTS OF THE UNIVERSITY OF MICHIGAN 3003 S STATE STREET ANN ARBOR,MI481091274	N/A	PC	YOUNG SCHOLARS PROGRAM	30,000
THE UNIVERSITY OF TEXAS AT AUSTIN 1912 SPEEDWAY AUSTIN,TX78712	N/A	PC	ECE WORKFORCE	30,000
THE URBAN INSTITUTE 500 L ENFANT PLAZA SW WASHINGTON,DC20024	N/A	PC	YOUNG SCHOLARS PROGRAM	222,000
THIRD SECTOR NEW ENGLAND INC 89 SOUTH STREET SUITE 700 BOSTON,MA02111	N/A	PC	ANNUAL SUPPORT	7,500
THIRD SECTOR NEW ENGLAND INC 89 SOUTH STREET SUITE 700 BOSTON,MA02111	N/A	PC	ECE WORKFORCE	563,262
UNIVERSITY OF DENVER COLORADO SEMINARY 2155 S RACE ST DENVER,CO80210	N/A	PC	YOUNG SCHOLARS PROGRAM	7,000
UNIVERSITY OF DENVER COLORADO SEMINARY 2155 S RACE ST DENVER,CO80210	N/A	PC	YOUNG SCHOLARS PROGRAM	3,000
UNIVERSITY OF DENVER COLORADO SEMINARY 2155 S RACE ST DENVER,CO80210	N/A	PC	YOUNG SCHOLARS PROGRAM	5,000
THE URBAN INSTITUTE 500 LENFANT PLAZA SW WASHINGTON,DC20024	N/A	PC	ECE WORKFORCE	222,000
Total ................................. 3a				3,500,000

bApproved for future payment
ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY PO BOX 2260 TEMPE,AZ85280	N/A	PC	YOUNG SCHOLARS PROGRAM	100,000
BRAZELTON TOUCHPOINTS PROJECT INCCO BRAZELTON TOUCHPOINTS CENTER 1295 BOYLSTON STREET SUITE 320 BOSTON,MA02215	N/A	PC	ECE WORKFORCE	285,652
BROWN UNIVERSITY OFFICE OF SPONSORED PROJECTS BOX 1929 PROVIDENCE,RI029129002	N/A	PC	YOUNG SCHOLARS PROGRAM	103,000
CENTER FOR COMMUNITY CHANGE 1536 U STREET NW WASHINGTON,DC20009	N/A	PC	ECE WORKFORCE	200,000
CHILD TRENDS INCORPORATED 7315 WISCONSIN AVENUE SUITE 1200W BETHESDA,MD208143666	N/A	PC	YOUNG SCHOLARS PROGRAM	31,000
EDUCATION WRITERS ASSOCIATION 1825 K STREET NW SUITE 200 WASHINGTON,DC20006	N/A	PC	ECE WORKFORCE	122,000
ERIKSON INSTITUTE 451 N LASALLE ST CHICAGO,IL60654	N/A	PC	ECE WORKFORCE	99,000
GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION PO BOX 3978 ATLANTA,GA303023978	N/A	PC	YOUNG SCHOLARS PROGRAM	15,000
GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION PO BOX 3978 ATLANTA,GA303023978	N/A	PC	YOUNG SCHOLARS PROGRAM	109,000
NATIONAL CONFERENCE OF STATE LEGISLATURES 7700 E 1ST PL DENVER,CO80230	N/A	PC	ECE WORKFORCE	200,000
NEW YORK ACADEMY OF MEDICINE (NYAM) 1216 5TH AVE NEW YORK,NY10029	N/A	PC	YOUNG SCHOLARS PROGRAM	155,000
NEW YORK UNIVERSITY SCHOOL OF MEDICINE ONE PARK AVENUE 6TH FLOOR NEW YORK,NY10016	N/A	PC	YOUNG SCHOLARS PROGRAM	72,000
PORTLAND STATE UNIVERSITY FOUNDATION PO BOX 243 PORTLAND,OR97201	N/A	PC	YOUNG SCHOLARS PROGRAM	150,000
RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK 16 COURT ST 31ST FLOOR BROOKLYN,NY11241	N/A	PC	ECE WORKFORCE	208,000
RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK 16 COURT ST 31ST FLOOR BROOKLYN,NY11241	N/A	PC	ECE WORKFORCE	208,000
RUTGERS THE STATE UNIVERSITY OF NEW JERSEY 73 EASTON AVENUE NEW BRUNSWICK,NJ08901	N/A	PC	YOUNG SCHOLARS PROGRAM	68,000
THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ALABAMA PO BOX 870136 TUSCALOOSA,AL35487	N/A	PC	YOUNG SCHOLARS PROGRAM	15,000
THE CURATORS OF THE UNIVERSITY OF MISSOURI 303 TOWNSEND HALL COLUMBIA,MO65211	N/A	PC	YOUNG SCHOLARS PROGRAM	67,000
THE UNIVERSITY OF TOLEDO FOUNDATION 2801 W BANCROFT STREET TOLEDO,OH436063390	N/A	PC	YOUNG SCHOLARS PROGRAM	15,000
THIRD SECTOR NEW ENGLAND INC 89 SOUTH STREET SUITE 700 BOSTON,MA02111	N/A	PC	ECE WORKFORCE	1,332,970
UNIVERSITY OF MARYLAND BALTIMORE COUNTY 1000 HILLTOP CIRCLE BALTIMORE,MD21250	N/A	PC	YOUNG SCHOLARS PROGRAM	128,000
Total ................................. 3b				3,683,622

Form 990-PF (2021)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	127
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	5,378,070
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aUBIT PARTNERSHIP LOSS THROUGH K-1	525990	-5,206	18	5,206
bUBIT PARTNERSHIP INCOME THROUGH K-1	525990	90,014	01	-90,014
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		84,808		7,531,467	0

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

7,616,275

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2021)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2021 AccountingFeesSchedule

Name:

FOUNDATION FOR CHILD DEVELOPMENT

EIN:

13-1623901

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PKF-O'CONNOR DAVIES- AUDIT AND TAX PREPARATION	37,055	0		37,055
OWEN J. FLANAGAN & COMPANY-BOOKKEEPING SERVICES	20,000	10,000		10,000

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

FOUNDATION FOR CHILD DEVELOPMENT

EIN:

13-1623901

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ACTIVISION BLIZZARD 1.35% 09/15/2030 USD SR LIEN	143,042	143,042
ADOBE SYSTEMS INCORPORATED 3.25% 02/01/2025 USD SR LIEN	202,840	202,840
ADVANCE AUTO PARTS, INC. 1.75% 10/01/2027 USD SR LIEN	139,788	139,788
ALLY FINANCIAL INC 5.8% 05/01/2025 USD SR LIEN	98,753	98,753
AMERICAN INTL GROUP 4.125% 02/15/2024 USD SR LIEN	244,547	244,547
AT&T INC 4.25% 03/01/2027 USD SR LIEN	157,109	157,109
ATMOS ENERGY CORP 0.625% 03/09/2023 USD SR LIEN	216,858	216,858
AVALONBAY COMMUNITIES, INC. MTN 3.45% 06/01/2025 USD SR LIEN	261,882	261,882
BANK OF AMERICA CORPORATION HYBRID MTN 02/13/2031 USD SR LIEN CPN 02/13/20 2	105,718	105,718
BANK OF AMERICA CORPORATION HYBRID MTN 10/22/2030 USD SR LIEN CPN 10/22/19 2	251,326	251,326
BANK OF NOVA SCOTIA (THE) 3.4% 02/11/2024 USD SR LIEN	101,413	101,413
BIOGEN INC. 2.25% 05/01/2030 USD SR LIEN	234,577	234,577
BP CAPITAL MARKETS P.L.C. 3.535% 11/04/2024 USD SR LIEN	96,500	96,500
BROADCOM INC. 4.7% 04/15/2025 SER WI SR LIEN	93,501	93,501
BUNGE LIMITED FINANCE CORP. 2.75% 05/14/2031 USD SR LIEN	165,613	165,613
CANADIAN PACIFIC RR CO 2.9% 02/01/2025 USD SR LIEN	200,299	200,299
CAPITAL ONE FINANCIAL CO 3.9% 01/29/2024 USD SR LIEN	177,849	177,849
CBS CORPORATION 4.0% 01/15/2026 USD SR LIEN	101,755	101,755
CHARLES SCHWAB CORPORATION (TH 4.625% 03/22/2030 USD SR LIEN	59,807	59,807
CITIGROUP INC. HYBRID 01/29/2031 USD SR LIEN CPN 01/29/20 2.666%	60,230	60,230
CITIGROUP INC. HYBRID 11/05/2030 USD SR LIEN CPN 11/05/19 2.976%	409,356	409,356
CROWN CASTLE INTERNATIONAL COR 4.45% 02/15/2026 USD SR LIEN	103,158	103,158
DUKE ENERGY CORPORATION 3.75% 04/15/2024 USD SR LIEN	58,901	58,901
EXELON CORPORATION 4.05% 04/15/2030 USD SR LIEN	129,045	129,045
FEDERAL HOME LOAN BANK 2.125% 09/14/2029	578,904	578,904
FEDERAL HOME LOAN BANK SYSTEM 2.5% 12/09/2022 SR LIEN	352,695	352,695
FHLB 2.125% 12/11/2026	574,669	574,669
FHLB 2.75% 12/13/2024 SR LIEN	428,659	428,659
GLAXOSMITHKLINE CAPITAL PLC 3.375% 05/15/2023 USD SER 5Y SR LIEN	253,698	253,698
HEWLETT PACKARD ENTERPRISE COM STEP 10/15/2025 SER WI SR LIEN M-W+45.00BP 4.	192,900	192,900
HOME DEPOT, INC (THE) 2.95% 06/15/2029 USD SR LIEN	247,903	247,903
INGERSOLL-RAND LUXEMBOURG FINA 3.55% 11/01/2024 USD SR LIEN	176,915	176,915
JOHN DEERE CAPITAL CORP MTN 2.95% 04/01/2022 SR LIEN	146,000	146,000
JPMORGAN CHASE & CO. HYBRID 03/01/2025 USD SR LIEN CPN 06/01/17-02/29/24 3.2	125,470	125,470
JPMORGAN CHASE & CO. HYBRID 04/23/2024 USD SR LIEN M-W+15.00BP CPN 04/23/1	201,936	201,936
JPMORGAN CHASE & CO. HYBRID 05/06/2030 USD SR LIEN CPN 05/06/19 3.702%	55,268	55,268
KINDER MORGAN ENERGY PARTNERS, 4.25% 09/01/2024 USD SR LIEN	153,597	153,597
LABORATORY CORPORATION OF AMER 2.95% 12/01/2029 USD SR LIEN	120,259	120,259
LLOYDS BANKING GROUP PLC HYBRID 06/15/2023 SR LIEN CPN 06/15/20 1.326%	199,516	199,516
MITSUBISHI UFJ FINANCIAL GROUP 3.777% 03/02/2025 USD SR LIEN	183,168	183,168
MIZUHO FINANCIAL GROUP, INC. HYBRID 07/16/2025 USD SR LIEN CPN 07/16/19-07/1	197,886	197,886
MPLX LP 2.65% 08/15/2030 USD SR LIEN	141,087	141,087
OMNICOM GROUP INC. 3.65% 11/01/2024 USD SR LIEN	150,815	150,815
PACIFICORP 3.5% 06/15/2029 USD SR LIEN	177,193	177,193
PUBLIC STORAGE 1.85% 05/01/2028 USD SR LIEN	110,540	110,540
REPUBLIC SERVICES, INC. 3.95% 05/15/2028 USD SR LIEN	102,540	102,540
SALESFORCE.COM INC 3.7% 04/11/2028 USD SR LIEN	258,735	258,735
SUMITOMO MITSUI FINANCIAL GROU 2.348% 01/15/2025 USD SR LIEN	267,506	267,506
SYNCHRONY FINANCIAL 4.5% 07/23/2025 USD SR LIEN	132,755	132,755
TARGET CORPORATION 2.35% 02/15/2030 USD SR LIEN	128,980	128,980
TORONTO-DOMINION BANK (THE) HYBRID 09/15/2031 USD SUB LIEN CPN 09/15/16-09/1	301,527	301,527
TRANSCANADA PIPELINES 4.1% 04/15/2030 USD SR LIEN	81,583	81,583
UNITEDHEALTH GROUP INCORPORATE 3.85% 06/15/2028 USD SR LIEN	182,429	182,429
VERIZON COMMUNICATIONS, INC. 0.75% 03/22/2024 USD SR LIEN	67,789	67,789
VISA INC. 3.15% 12/14/2025 USD SR LIEN	202,694	202,694
WESTPAC BANKING CORPORATION HYBRID MTN 11/23/2031 USD SUB LIEN CPN 11/23/16-	373,635	373,635
XILINX INC 2.95% 06/01/2024 USD SR LIEN	230,630	230,630
AIR LEASE CORP 2.75% 01/15/2023 USD SR LIEN	25,074	25,074
AIR LEASE CORP MTN 2.875% 01/15/2026 USD SR LIEN	18,351	18,351
AMERICAN TOWER CORPORATION 0.6% 01/15/2024 USD SR LIEN	28,778	28,778
AT&T INC. 2.55% 12/01/2033 USD SR LIEN	27,516	27,516
AT&T INC. FRN 03/25/2024 USD SOFRRATE O/N +64.00BP SR LIEN CPN 06/27/22-09/2	15,000	15,000
BANK OF AMERICA CORPORATION HYBRID MTN 02/13/2026 USD SR LIEN CPN 02/13/20 2	72,269	72,269
BANK OF NEW YORK MELLON CORPOR MTN 2.1% 10/24/2024 USD SR LIEN	74,037	74,037
BIOGEN INC. 3.625% 09/15/2022 SR LIEN	75,642	75,642
BLACKROCK, INC. 3.375% 06/01/2022 SR LIEN	44,148	44,148
BMW US CAPITAL LLC 3.45% 04/12/2023 USD PVT REGS SR LIEN	50,672	50,672
BP CAP MARKETS AMERICA 3.119% 05/04/2026 USD SER * SR LIEN	39,954	39,954
BROADCOM INC 4.3% 11/15/2032 USD SER WI SR LIEN	20,323	20,323
CAPITAL ONE FINANCIAL CORPORAT 3.75% 07/28/2026 USD SUB LIEN	44,272	44,272
CBOE HOLDINGS INC 3.65% 01/12/2027 USD SR LIEN	40,763	40,763
CITIGROUP INC. 4.6% 03/09/2026 USD SUB LIEN	14,534	14,534
CITIGROUP INC. HYBRID 06/01/2024 USD SER * SR LIEN CPN 05/22/18 4.044%	15,198	15,198
DISCOVER FINANCIAL SERVICES 3.85% 11/21/2022 SER B SR LIEN	18,221	18,221
DUKE ENERGY CORP 0.9% 09/15/2025 USD SR LIEN	55,774	55,774
ELI LILLY AND COMPANY 2.35% 05/15/2022 SR LIEN	50,076	50,076
ESTEE LAUDER COMPANIES INC. (T 2.0% 12/01/2024 USD SR LIEN	49,231	49,231
FEDERAL HOME LOAN BANK SYSTEM 2.5% 12/09/2022 SR LIEN	151,155	151,155
FEDERAL REALTY INVESTMEN 1.25% 02/15/2026 USD SR LIEN	13,821	13,821
FISERV, INC. 3.5% 10/01/2022 SR LIEN	20,083	20,083
GENERAL MOTORS FINANCIAL COMPA 3.55% 07/08/2022 SR LIEN	30,153	30,153
GENERAL MOTORS FINANCIAL COMPA 4.35% 01/17/2027 USD SR LIEN	13,238	13,238
HEWLETT PACKARD ENTERPRISE COM STEP 10/15/2025 SER WI SR LIEN M-W+45.00BP 4.	20,967	20,967
JPMORGAN CHASE & CO. HYBRID 04/01/2023 SR LIEN CPN 03/22/19 3.207%	50,000	50,000
MITSUBISHI UFJ FINANCIAL GROUP 3.677% 02/22/2027 USD SR LIEN	26,309	26,309
MITSUBISHI UFJ FINANCIAL GROUP 3.777% 03/02/2025 USD SR LIEN	20,352	20,352
MORGAN STANLEY HYBRID MTN 07/22/2025 USD SR LIEN CPN 07/23/19 2.72%	74,311	74,311
MPLX LP 4.5% 07/15/2023 USD SER WI SR LIEN	23,390	23,390
NOVARTIS CAPITAL CORPORATION 1.75% 02/14/2025 USD SR LIEN	14,652	14,652
ORACLE CORPORATION 2.8% 04/01/2027 USD SR LIEN	32,494	32,494
PAYPAL HOLDINGS, INC. 2.4% 10/01/2024 USD SR LIEN	34,903	34,903
PEPSICO INC 2.25% 03/19/2025 USD SR LIEN	64,417	64,417
ROPER INDUSTRIES, INC. 3.125% 11/15/2022 SR LIEN	75,362	75,362
ROYAL BK SCOTLND GRP PLC 6.0% 12/19/2023 USD SUB LIEN	20,867	20,867
SPECTRA ENERGY PARTNERS, L.P. 4.75% 03/15/2024 USD SR LIEN	32,935	32,935
SUMITOMO MITSUI FINANCIAL GROU 3.784% 03/09/2026 USD SR LIEN	45,563	45,563
SYNCHRONY FINANCIAL 4.5% 07/23/2025 USD SR LIEN	30,636	30,636
VERIZON COMMUNICATIONS, INC. 0.75% 03/22/2024 USD SR LIEN	14,526	14,526

- TIN:

TY 2021 InvestmentsGovtObligationsSch

Name:

FOUNDATION FOR CHILD DEVELOPMENT

EIN:

13-1623901

US Government Securities - End of Year Book Value:

9,132,365

US Government Securities - End of Year Fair Market Value:

9,132,365

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

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

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

FOUNDATION FOR CHILD DEVELOPMENT

EIN:

13-1623901

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MULTI-MANAGER INTERNATIONAL EQUITY FUND P - 739610.466 SHARES	FMV	9,585,352	9,585,352
STATE STREET EMERGING MARKETS EQUITY INDEX FUND K CLASS - 45604.509 SHARES	FMV	3,190,948	3,190,948
STATE STREET HEDGED INTERNATIONAL DEVELOPED EQUITY INDEX FUND CLASS K - 8640	FMV	10,066,129	10,066,129
FEDERATED HERMES INSTITUTIONAL HIGH YIELD BOND FUND INSTITUTIONAL SHARES - 6	FMV	5,753,030	5,753,030
RBC BLUEBAY HIGH YIELD HIGH YIELD BOND FUND I - 561641.506 SHARES	FMV	5,773,673	5,773,673
FIDELITY LARGE CAP VALUE INDEX FUND - 99790.678 SHARES	FMV	1,617,607	1,617,607
ISHARES S&P 500 INDEX FUND CLASS G - 73894.991 SHARES	FMV	39,371,251	39,371,251
MULTI-MANAGER US SMALL CAP EQUITY FUND P - 486036.459 SHARES	FMV	6,474,006	6,474,006
SEVEN BRIDGES ENERGY FUND	FMV	1,628,897	1,628,897
TPG TECH ADJACENCIES ACCESS OFFSHORE LP	FMV	613,153	613,153
DST OPPORTUNITIES II ACCESS OFFSHORE LP	FMV	646,306	646,306
VINTAGE VIII OFFSHORE SCSP	FMV	2,628,673	2,628,673
PRIVATE EQUITY MANAGERS (2018) OFFSHORE SCSP	FMV	1,687,153	1,687,153
PRIVATE EQUITY MANAGERS (2019) OFFSHORE SCSP	FMV	2,188,022	2,188,022
VINTAGE REAL ESTATE PARTNERS II (INTERNATIONAL) OFFSHORE SCSP	FMV	246,933	246,933
ARES SPECIAL OPPORTUNITIES ACCESS OFFSHORE LP	FMV	1,290,757	1,290,757
GOLDMAN SACHS PRIVATE MIDDLE MARKET CREDIT LLC	FMV	680,111	680,111
PRIVATE CREDIT MANAGERS III OFFSHORE LP	FMV	2,197,911	2,197,911
PRIVATE EQUITY MAPRIVATE EQUITY MANAGERS (2020) OFFSHORE SCSPNAGERS (2020)	FMV	818,096	818,096
TCV XI ACCESS OFFSHORE SCSP	FMV	58,314	58,314
IMPRINT THEMATIC OPPORTUNITIES OFFSHORE SCSP	FMV	287,291	287,291

- TIN:

TY 2021 LegalFeesSchedule

Name:

FOUNDATION FOR CHILD DEVELOPMENT

EIN:

13-1623901

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
CARTER LEDYARD & MILBURN LLP-LEGAL FEES	23,880	0		23,880

- TIN:

TY 2021 OtherExpensesSchedule

Name:

FOUNDATION FOR CHILD DEVELOPMENT

EIN:

13-1623901

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
CAPITAL EXPENDITURES	10,903	0	10,903
BANK SERVICE CHARGES	748	748	0
INSURANCE	30,947	0	30,947
OFFICE SUPPLIES, REPAIRS AND MAINTENANCE	10,720	0	10,720
PAYROLL PROCESSING SERVICES	16,913	0	16,913
PROFESSIONAL DEVELOPMENT, MEMBERSHIPS AND SUBSCRIPTIONS	12,468	0	12,468
PUBLICATIONS AND WEB HOSTING	33,300	0	33,300
TECHNOLOGY, WEBSITE DESIGN AND MAINTENANCE	72,663	0	72,663
TELECOMMUNICATIONS AND POSTAGE	7,238	0	7,238
OTHER PARTNERSHIP EXPENSES THRU SCHEDULE K-1'S	0	401,022	0

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

FOUNDATION FOR CHILD DEVELOPMENT

EIN:

13-1623901

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER PARTNERSHIP LOSS THRU K-1'S NET OF UBI		29,904

- TIN:

TY 2021 OtherIncreasesSchedule

Name:

FOUNDATION FOR CHILD DEVELOPMENT

EIN:

13-1623901

Description	Amount
UNREALIZED GAIN ON INVESTMENTS	892,731

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

FOUNDATION FOR CHILD DEVELOPMENT

EIN:

13-1623901

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT AND CUSTODIAL FEES	366,331	366,331	0
CONSULTING FEES	113,454	0	113,454
RECRUITING FEES	81,111	0	81,111
IT ASSESSMENT	6,000	0	6,000

- TIN:

TY 2021 TaxesSchedule

Name:

FOUNDATION FOR CHILD DEVELOPMENT

EIN:

13-1623901

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL EXCISE TAX	110,000	0		0
STATE TAXES	500	0		500