Form990-PF
Click to see attachment
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Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
BARON CAPITAL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)767 FIFTH AVENUE 49TH FL
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10153
A Employer identification number

14-2004657
B Telephone number (see instructions)

(212) 583-2010
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$132,118,358J 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) 9,609,307
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 12,647 12,647  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,984,555
b Gross sales price for all assets on line 6a 3,984,555
7 Capital gain net income (from Part IV, line 2)... 3,984,555
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 6,874,951 6,874,951 0
12 Total. Add lines 1 through 11........ 20,481,460 10,872,153 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 28,600 14,300 0 14,300
c Other professional fees (attach schedule)....        
17 Interest............... 13,785 13,785 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 330,011 11 0 0
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 1,740 240 0 1,500
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 374,136 28,336 0 15,800
25 Contributions, gifts, grants paid....... 3,638,754 3,638,754
26 Total expenses and disbursements. Add lines 24 and 25 4,012,890 28,336 0 3,654,554
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 16,468,570
b Net investment income (if negative, enter -0-) 10,843,817
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 50 582,895 582,895
2 Savings and temporary cash investments.........      
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)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 28,758,502 Click to see attachment39,644,227 131,535,463
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 28,758,552 40,227,122 132,118,358
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) Click to see attachment5,000,000 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 5,000,000 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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 23,758,552 40,227,122
29 Total net assets or fund balances (see instructions)..... 23,758,552 40,227,122
30 Total liabilities and net assets/fund balances (see instructions). 28,758,552 40,227,122
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
23,758,552
2
Enter amount from Part I, line 27a .....................
2
16,468,570
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
40,227,122
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
40,227,122
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a LONG TERM CAPITAL GAIN DISTRIBUTIONS P    
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 3,984,555     3,984,555
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       3,984,555
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 3,984,555
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 0
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 150,729
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- ..... 5 150,729
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 200,637
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.............. 7 200,637
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 162
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 49,746
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet49,746 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
    Yes
     
    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 ofbulletRONALD BARON Telephone no.bullet (212) 583-2010

    Located atbulletC/O BARON CAPITAL GROUP 767 FIFTHAVENEW YORKNY ZIP+4bullet10153
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    RONALD BARON TRUSTEE
    2.00     		0 0 0
    767 FIFTH AVENUE 49TH FL
    NEW YORK,NY10153
    MICHAEL R BARON TRUSTEE
    2.00     		0 0 0
    767 FIFTH AVENUE 49TH FL
    NEW YORK,NY10153
    DAVID R BARON TRUSTEE
    2.00     		0 0 0
    767 FIFTH AVENUE 49TH FL
    NEW YORK,NY10153
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    75,964
    c
    Fair market value of all other assets (see instructions)................
    1c
    105,272,312
    d
    Total (add lines 1a, b, and c).........................
    1d
    105,348,276
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    105,348,276
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,580,224
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    103,768,052
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    5,188,403
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    5,188,403
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    150,729
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    150,729
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,037,674
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    5,037,674
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    5,037,674
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 5,037,674
    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...... 584,847
    b From 2017...... 654,809
    c From 2018...... 617,831
    d From 2019...... 22,913
    e From 2020......  
    f Total of lines 3a through e ........ 1,880,400
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 3,654,554
    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..... 3,654,554
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 1,383,120 1,383,120
    (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 5 497,280
    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 ......     		497,280
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 474,367
    c Excess from 2019.... 22,913
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    HORACE MANN
    231 WEST 246TH STREET
    BRONX,NY10471     		NONE PC GENERAL SUPPORT 25,000
    UJA
    130 EAST 59TH STREET
    NEW YORK,NY10022     		NONE PC GENERAL SUPPORT 125,000
    UJA
    130 EAST 59TH STREET
    NEW YORK,NY10022     		NONE PC GENERAL SUPPORT 15,000
    BRONX HIGH SCHOOL OF SCIENCE
    75 W 205TH ST
    BRONX,NY10468     		NONE PC GENERAL SUPPORT 10,000
    REUT USA
    21550 OXNARD ST SUITE 1000
    WOODLAND HILLS,CA91367     		NONE PC GENERAL SUPPORT 15,000
    CHILDRENS HEALTH ALLIANCE FOR ISRAEL
    1345 AVENUE OF THE AMERICAS 2ND
    FLOOR
    NEW YORK,NY10105     		NONE PC GENERAL SUPPORT 50,000
    AMERICAN FRIENDS OF THE HEBREW UNIVERSITY
    199 WATER ST 11TH FLOOR
    NEW YORK,NY10038     		NONE PC GENERAL SUPPORT 25,000
    MEMORIAL SLOAN KETTERING
    1275 YORK AVE
    NEW YORK,NY10065     		NONE PC GENERAL SUPPORT 100,000
    JERUSALEM FOUNDATION
    420 LEXINGTON AVENUE SUITE 1645
    NEW YORK,NY10170     		NONE PC GENERAL SUPPORT 25,000
    BRIDGE GOLF FOUNDATION
    40 WEST 117TH STREET
    NEW YORK,NY10026     		NONE PC GENERAL SUPPORT 20,000
    MJS
    39 BROADWAY 3RD FLOOR
    NEW YORK,NY10006     		NONE PC GENERAL SUPPORT 10,000
    STEPHEN GAYNOR SCHOOL
    148 W 90TH ST
    NEW YORK,NY10024     		NONE PC GENERAL SUPPORT 25,000
    BUCKNELL
    ONE DENT DRIVE
    LEWISBURG,PA17837     		NONE PC GENERAL SUPPORT 10,000
    EMORY UNIVERSITY
    1762 CLIFTON ROAD SUITE 1400
    ATLANTA,GA30322     		NONE PC GENERAL SUPPORT 10,000
    DUKE UNIVERSITY
    PO BOX 90581
    DURHAM,NC27708     		NONE PC GENERAL SUPPORT 10,000
    COLUMBIA BUSINESS SCHOOL
    622 WEST 113TH STREET MAIL CODE
    4524
    NEW YORK,NY10025     		NONE PC GENERAL SUPPORT 10,000
    HAITIAN HEALTH FOUNDATION
    97 SHERMAN ST
    NORWICH,CT06360     		NONE PC GENERAL SUPPORT 5,000
    ISRAEL DEFENCE FORCES
    6505 WILSHIRE BLVD SUITE 625
    LOS ANGELES,CA90048     		NONE PC GENERAL SUPPORT 100,000
    KINDNESS MATTERS 365
    20283 STATE ROAD 7 SUITE 106
    BOCA RATON,FL33498     		NONE PC GENERAL SUPPORT 10,000
    ST JUDE CHILDRENS RESEARCH HOSPITAL
    501 ST JUDE PLACE
    MEMPHIS,TN38105     		NONE PC GENERAL SUPPORT 3,821
    BIG BROTHER BIG SISTERS OF AMERICA
    2502 NROCKY POINT DRIVE SUITE 550
    TAMPA,FL33607     		NONE PC GENERAL SUPPORT 500
    ROBIN HOOD
    826 BROADWAY 9
    NEW YORK,NY10003     		NONE PC GENERAL SUPPORT 500
    WORLD CENTRAL KITCHEN
    200 MASSACHUSETTS AVE NW 7TH FL
    WASHINGTON,DC20001     		NONE PC GENERAL SUPPORT 500
    ALIMENTA LA SOLIDARIDAD
    78 SW 7TH STREET SUITE 800
    MIAMI,FL33130     		NONE PC GENERAL SUPPORT 500
    BAY AREA CRISIS NURSERY
    1506 MENDOCINO DR
    CONCORD,CA94521     		NONE PC GENERAL SUPPORT 500
    BOWERY MISSION
    355 LEXINGTON AVE FLOOR 19
    NEW YORK,NY10017     		NONE PC GENERAL SUPPORT 500
    BOYS & GIRLS CLUBS OF AMERICA
    1275 PEACHTREE STREET NE
    ATLANTA,GA30309     		NONE PC GENERAL SUPPORT 648
    BOYS AND GIRLS CLUB OF GREENWICH
    4 HORSENECK LN
    GREENWICH,CT06830     		NONE PC GENERAL SUPPORT 300
    CASA-NYC
    48 WALL ST 11TH FLOOR
    NEW YORK,NY10005     		NONE PC GENERAL SUPPORT 500
    CHAI LIFELINE
    151 W 30TH ST
    NEW YORK,NY10001     		NONE PC GENERAL SUPPORT 500
    CHILDHOOD LEAGUE INC
    674 CLEVELAND AVE
    COLUMBUS,OH43215     		NONE PC GENERAL SUPPORT 500
    CHILDREN'S AID
    117 W 124TH ST
    NEW YORK,NY10027     		NONE PC GENERAL SUPPORT 500
    COMMUNITY CENTER OF NORTHERN WESTCHESTER
    84 BEDFORD RD
    KATONAH,NY10536     		NONE PC GENERAL SUPPORT 500
    COMPREHENSIVE YOUTH DEVELOPMENT (CYD)
    240 2ND AVE
    NEW YORK,NY10003     		NONE PC GENERAL SUPPORT 500
    CONNECTICUT COMMUNITY FOUNDATION INC HARRIS FAMILY SCHOLARSHIP FUND
    43 FIELD ST
    WATERBURY,CT06702     		NONE PC GENERAL SUPPORT 450
    FEEDING AMERICA
    PO BOX 96749
    WASHINGTON,DC20090     		NONE PC GENERAL SUPPORT 1,280
    FEEDING WESTCHESTER
    200 CLEARBROOK RD
    ELMSFORD,NY10523     		NONE PC GENERAL SUPPORT 375
    FELIX ORGANIZATION
    43 OYSTER BAY ROAD
    LOCUST VALLEY,NY11560     		NONE PC GENERAL SUPPORT 225
    FIRST BOOK
    1319 F ST NW SUITE 1000
    WASHINGTON,DC20004     		NONE PC GENERAL SUPPORT 150
    FOOD BANK OF NEW YORK CITY
    39 BROADWAY
    NEW YORK,NY10006     		NONE PC GENERAL SUPPORT 495
    HIGHER ACHIEVEMENT
    1750 COLUMBIA ROAD NW
    WASHINGTON,DC20009     		NONE PC GENERAL SUPPORT 500
    HOLY APOSTLES SOUP KITCHEN
    296 9TH AVE
    NEW YORK,NY10001     		NONE PC GENERAL SUPPORT 450
    HOPE ATLANTA
    458 PONCE DE LEON AVE NE
    ATLANTA,GA30308     		NONE PC GENERAL SUPPORT 500
    MAKE-A-WISH AMERICA
    1702 E HIGHLAND AVE SUITE 400
    PHOENIX,AZ85016     		NONE PC GENERAL SUPPORT 330
    MEALS ON WHEELS
    1550 CRYSTAL DRIVE SUITE 1004
    ARLINGTON,VA22202     		NONE PC GENERAL SUPPORT 500
    NEW YORK CARES
    65 BROADWAY 19TH FLOOR
    NEW YORK,NY10006     		NONE PC GENERAL SUPPORT 225
    NO CHILD HUNGRY
    1030 15TH STREET NW SUITE 1100 W
    WASHINGTON,DC20005     		NONE PC GENERAL SUPPORT 500
    SALVATION ARMY NATIONAL CORP
    615 SLATERS LANE
    ALEXANDRIA,VA22314     		NONE PC GENERAL SUPPORT 1,000
    THE MARINE TOYS FOR TOTS FOUNDATION
    18251 QUANTICO GATEWAY DRIVE
    TRIANGLE,VA22172     		NONE PC GENERAL SUPPORT 725
    PALM BEACH COUNTY FOOD BANK
    701 BOUTWELL RD SUITE A-2
    LAKE WORTH,FL33461     		NONE PC GENERAL SUPPORT 5,000
    CENTRAL PARK CONSERVANCY
    14 E 60TH ST
    NEW YORK,NY10022     		NONE PC GENERAL SUPPORT 10,000
    PLANNED PARENTHOOD OF SOUTH EAST AND NORTH FLORIDA
    2300 N FLORIDA MANGO RD
    WEST PALM BEACH,FL33409     		NONE PC GENERAL SUPPORT 5,000
    30 DAY FUND INC
    1314 RUGBY ROAD
    CHARLOTTESVILLE,VA22903     		NONE PC GENERAL SUPPORT 100,000
    HORACE MANN
    231 WEST 246TH STREET
    BRONX,NY10471     		NONE PC GENERAL SUPPORT 5,000
    ALBERT EINSTEIN COLLEGE OF MEDICINE
    1300 MORRIS PARK AVE
    THE BRONX,NY10461     		NONE PC GENERAL SUPPORT 1,000
    AMERICAN FRIENDS OF THE UHN
    R FRASER ELLIOT BUILDING 5TH FL
    5S-801 190 ELIZABETH ST
    TORONTO,M5G 2C4  
    CA     		NONE PC GENERAL SUPPORT 10,000
    MANHATTAN THEATER CLUB
    311 WEST 43RD STREET 8TH FLOOR
    NEW YORK,NY10036     		NONE PC GENERAL SUPPORT 10,000
    UJA
    130 EAST 59TH STREET
    NEW YORK,NY10022     		NONE PC GENERAL SUPPORT 8,200
    FOOD ALLERGY SCIENCE INITIATIVE
    105 BROADWAY ROOM 381
    CAMBRIDGE,MA02142     		NONE PC GENERAL SUPPORT 10,000
    MORSELIFE FOUNDATION
    FOUNDATION CENTER 4920 LORING DR
    WEST PALM BEACH,FL33417     		NONE PC GENERAL SUPPORT 250,000
    MOUNT SINAI HEALTH SYSTEM CRYSTAL PARTY
    555 W 57TH ST
    NEW YORK,NY10019     		NONE PC GENERAL SUPPORT 15,000
    JEWISH FEDERATION OF PALM BEACH
    1 HARVARD CIR 100
    WEST PALM BEACH,FL33409     		NONE PC GENERAL SUPPORT 50,000
    JEWISH FEDERATION OF PALM BEACH COUNTY
    1 HARVARD CIR 100
    WEST PALM BEACH,FL33409     		NONE PC GENERAL SUPPORT 5,000
    STEPHEN GAYNOR SCHOOL
    148 W 90TH ST
    NEW YORK,NY10024     		NONE PC GENERAL SUPPORT 100,000
    FIDF
    6505 WILSHIRE BLVD SUITE 625
    LOS ANGELES,CA90048     		NONE PC GENERAL SUPPORT 25,000
    EDUCATIONAL ALLIANCE
    197 EAST BROADWAY
    NEW YORK,NY10002     		NONE PC GENERAL SUPPORT 17,500
    PHYSICIANS FOR HUMAN RIGHTS
    256 W 38TH ST 9TH FLOOR
    NEW YORK,NY10018     		NONE PC GENERAL SUPPORT 2,500
    STEPHEN GAYNOR SCHOOL
    148 W 90TH ST
    NEW YORK,NY10024     		NONE PC GENERAL SUPPORT 100,000
    HORACE MANN
    231 WEST 246TH STREET
    BRONX,NY10471     		NONE PC GENERAL SUPPORT 7,500
    UNIVERSITY OF PENNSYLVANIA (WHARTON FUND)
    VANCE HALL
    PHILADELPHIA,PA19104     		NONE PC GENERAL SUPPORT 7,500
    DUKE UNIVERSITY
    PO BOX 90581
    DURHAM,NC27708     		NONE PC GENERAL SUPPORT 7,500
    EDUCATIONAL ALLIANCE
    197 EAST BROADWAY
    NEW YORK,NY10002     		NONE PC GENERAL SUPPORT 400,000
    WORLD TRADE CENTER PAC
    ONE LIBERTY PLAZA 29TH FL
    NEW YORK,NY10006     		NONE PC GENERAL SUPPORT 200,000
    UJA FEDERATION OF NEW YORK
    130 EAST 59TH STREET
    NEW YORK,NY10022     		NONE PC GENERAL SUPPORT 250,000
    THE JERUSALEM FOUNDATION
    420 LEXINGTON AVENUE SUITE 1645
    NEW YORK,NY10170     		NONE PC GENERAL SUPPORT 50,000
    AMERICAN FRIENDS ISRAELI NAVY SEALS
    138 W 133RD ST
    NEW YORK,NY10030     		NONE PC GENERAL SUPPORT 5,000
    SOUTHAMPTON HOSPITAL FOUNDATION
    240 MEETING HOUSE LANE
    SOUTHAMPTON,NY11968     		NONE PC GENERAL SUPPORT 250,000
    CBN
    977 CENTERVILLE TURNPIKE
    VIRGINA BEACH,VA23463     		NONE PC GENERAL SUPPORT 22,000
    EAST HAMPTON VILLAGE FOUNDATION
    132 N MAIN STREET
    EAST HAMPTON,NY11937     		NONE PC GENERAL SUPPORT 100,000
    ICAHN SCHOOL OF MEDICINE (JAFFE FOOD ALLERGY
    5 E 98TH ST 10TH FLOOR
    NEW YORK,NY10029     		NONE PC GENERAL SUPPORT 15,000
    HORACE MANN
    231 WEST 246TH STREET
    BRONX,NY10471     		NONE PC GENERAL SUPPORT 100,000
    BRIDGE GOLF FOUNDATION
    40 WEST 117TH STREET
    NEW YORK,NY10026     		NONE PC GENERAL SUPPORT 6,000
    MORSELIFE FOUNDATION
    FOUNDATION CENTER 4920 LORING DR
    WEST PALM BEACH,FL33417     		NONE PC GENERAL SUPPORT 500
    NORTON MUSEUM OF ART
    1450 S DIXIE HWY
    WEST PALM BEACH,FL33401     		NONE PC GENERAL SUPPORT 15,000
    AMERICAN FRIENDS ISRAEL MUSEUM
    545 5TH AVE 920
    NEW YORK,NY10017     		NONE PC GENERAL SUPPORT 25,000
    UJA FEDERATION OF NEW YORK
    130 EAST 59TH STREET
    NEW YORK,NY10022     		NONE PC GENERAL SUPPORT 25,000
    EDUCATIONAL ALLIANCE
    197 EAST BROADWAY
    NEW YORK,NY10002     		NONE PC GENERAL SUPPORT 10,000
    HOSPITAL FOR SPECIAL SURGERY
    535 EAST 70TH STREET
    NEW YORK,NY10021     		NONE PC GENERAL SUPPORT 5,000
    BREAST CANCER RESEARCH FOUNDATION
    28 W 44TH ST 609
    NEW YORK,NY10036     		NONE PC GENERAL SUPPORT 13,516
    JEWISH CENTER FOR THE HAMPTONS
    44 WOODS LN
    EAST HAMPTON,NY11937     		NONE PC GENERAL SUPPORT 10,000
    ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
    5 E 98TH ST 10TH FLOOR
    NEW YORK,NY10029     		NONE PC GENERAL SUPPORT 5,000
    MJHS
    39 BROADWAY 300
    NEW YORK,NY10006     		NONE PC GENERAL SUPPORT 10,000
    WEILL CORNELL MEDICAL COLLEGE
    1300 YORK AVENUE ROOM F-113
    NEW YORK,NY10065     		NONE PC GENERAL SUPPORT 30,000
    AFINS
    PO BOX 20080
    NEW YORK,NY10001     		NONE PC GENERAL SUPPORT 5,000
    REUT USA
    21550 OXNARD ST SUITE 1000
    WOODLAND HILLS,CA91367     		NONE PC GENERAL SUPPORT 25,000
    HORACE MANN
    231 WEST 246TH STREET
    BRONX,NY10471     		NONE PC GENERAL SUPPORT 25,000
    HORACE MANN
    231 WEST 246TH STREET
    BRONX,NY10471     		NONE PC GENERAL SUPPORT 25,000
    BUCKNELL UNIVERSITY
    ONE DENT DR
    LEWISBURG,PA17837     		NONE PC GENERAL SUPPORT 10,000
    EMORY UNIVERSITY
    201 DOWMAN DRIVE
    ATLANTA,GA30322     		NONE PC GENERAL SUPPORT 10,000
    DUKE UNIVERSITY
    1121 WEST MAIN STREET SUITE 1200
    DURHAM,NC27701     		NONE PC GENERAL SUPPORT 10,000
    COLUMBIA BUSINESS SCHOOL
    665 W 130TH ST
    NEW YORK,NY10027     		NONE PC GENERAL SUPPORT 10,000
    STEPHEN GAYNOR SCHOOL
    148 W 90TH ST
    NEW YORK,NY10024     		NONE PC GENERAL SUPPORT 25,000
    BRONX HIGH SCHOOL OF SCIENCE
    240 E 172ND ST
    BRONX,NY10457     		NONE PC GENERAL SUPPORT 10,000
    KINDNESS MATTERS 365
    20423 SR 7 SUITE F6-268
    BOCA RATON,FL33498     		NONE PC GENERAL SUPPORT 10,000
    FARE
    7901 JONES BRANCH DRIVE SUITE 240
    MCLEAN,VA22102     		NONE PC GENERAL SUPPORT 15,000
    ST JUDES CHILDRENS RESEARCH HOSPITAL
    501 ST JUDE PLACE
    MEMPHIS,TN38105     		NONE PC GENERAL SUPPORT 100,000
    GUILD HALL
    158 MAIN STREET
    EAST HAMPTON,NY11937     		NONE PC GENERAL SUPPORT 200,000
    ISRAEL DEFENCE FORCES
    6505 WILSHIRE BLVD SUITE 625
    LOS ANGELES,CA90048     		NONE PC GENERAL SUPPORT 100,000
    MOVEMBER FOUNDATION
    PO BOX 2040
    SANTA MONICA,CA90406     		NONE PC GENERAL SUPPORT 6,564
    PROSTATE CANCER FOUNDATION
    1250 FOURTH STREET
    SANTA MONICA,CA90401     		NONE PC GENERAL SUPPORT 25,000
    THE FELIX ORGANIZATION
    43 OYSTER BAY ROAD
    LOCUST VALLEY,NY11560     		NONE PC GENERAL SUPPORT 10,000
    BIRTHRIGHT ISRAEL FOUNDATION
    PO BOX 5892
    HICKSVILLE,NY11802     		NONE PC GENERAL SUPPORT 50,000
    BIRTHRIGHT ISRAEL FOUNDATION
    PO BOX 5892
    HICKSVILLE,NY11802     		NONE PC GENERAL SUPPORT 25,000
    UJA
    130 EAST 59TH STREET
    NEW YORK,NY10022     		NONE PC GENERAL SUPPORT 15,000
    UNIVERSITY OF PENNSYLVANIA- WHARTON FUND
    VANCE HALL
    PHILADELPHIA,PA19104     		NONE PC GENERAL SUPPORT 10,000
    Total .................................bullet 3a 3,638,754
    bApproved for future payment
    MORSELIFE FOUNDATION
    4847 DAVID S MACK DRIVE
    WEST PALM BEACH,FL33417     		NONE PC GENERAL SUPPORT 1,000,000
    STEPHEN GAYNOR SCHOOL
    148 W 90TH STREET
    NEW YORK,NY10024     		NONE PC GENERAL SUPPORT 800,000
    EDUCATIONAL ALLIANCE
    197 EAST BROADWAY
    NEW YORK,NY10002     		NONE PC GENERAL SUPPORT 1,600,000
    WORD TRADE CENTER PAC
    ONE LIBERTY PLAZA 29TH FL
    NEW YORK,NY10006     		NONE PC GENERAL SUPPORT 800,000
    UNITED JEWISH APPEAL
    130 EAST 59TH STREET
    NEW YORK,NY10022     		NONE PC GENERAL SUPPORT 1,000,000
    SOUTHAMPTON HOSPITAL FOUNDATION
    240 MEETING HOUSE LANE
    SOUTHAMPTON,NY11968     		NONE PC GENERAL SUPPORT 500,000
    WEILL CORNELL MEDICAL COLLEGE
    1300 YORK AVENUE ROOM F-113
    NEW YORK,NY10065     		NONE PC GENERAL SUPPORT 120,000
    GUILD HALL
    158 MAIN STREET
    EAST HAMPTON,NY11937     		NONE PC GENERAL SUPPORT 800,000
    ST JUDES CHILDREN'S RESEARCH HOSPITAL
    501 ST JUDE PLACE
    MEMPHIS,TN38105     		NONE PC GENERAL SUPPORT 400,000
    Total .................................bullet 3b 7,020,000
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    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 3,984,555  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    a       		        0
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 10,872,153 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    10,872,153
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    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
    2021
    Name of the organization
    BARON CAPITAL FOUNDATION
     
    Employer identification number

    14-2004657
    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) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    BARON CAPITAL FOUNDATION
          		Employer identification number
    14-2004657
    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
    BAMCO INC
     
    767 FIFTH AVE 49TH FL
     
    NEW YORK, NY10153

    		$ 8,962,879


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    BARON FAMILY 2014 CLAT
     
    767 FIFTH AVE 49TH FL
     
    NEW YORK, NY10153

    		$ 449,280


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    BARON FAMILY 2015 CLAT
     
    767 FIFTH AVE 49TH FL
     
    NEW YORK, NY10153

    		$ 112,320


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    BARON FAMILY 2017 CLAT
     
    767 FIFTH AVE 49TH FL
     
    NEW YORK, NY10153

    		$ 38,080


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    BARON FAMILY 2017 CLAT #2
     
    767 FIFTH AVE 49TH FL
     
    NEW YORK, NY10153

    		$ 9,520


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    BARON FAMILY 2018 CLAT
     
    767 FIFTH AVE 49TH FL
     
    NEW YORK, NY10153

    		$ 23,526


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Name of organization
    BARON CAPITAL FOUNDATION
          		Employer identification number
    14-2004657
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    BARON FAMILY 2019 CLAT
     
    767 FIFTH AVE 49TH FL
     
    NEW YORK, NY10153

    		$ 8,515


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    BARON FAMILY 2020 CLAT
     
    767 FIFTH AVE 49TH FL
     
    NEW YORK, NY10153

    		$ 5,068


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    DAVID BARON 2019 CLAT
     
    767 FIFTH AVE 49TH FL
     
    NEW YORK, NY10153

    		$ 38


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
    MICHAEL BARON 2019 CLAT
     
    767 FIFTH AVE 49TH FL
     
    NEW YORK, NY10153

    		$ 38


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    11
    DAVID BARON 2020 CLAT
     
    767 FIFTH AVE 49TH FL
     
    NEW YORK, NY10153

    		$ 17


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    12
    MICHAEL BARON 2020 CLAT
     
    767 FIFTH AVE 49TH FL
     
    NEW YORK, NY10153

    		$ 26


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    BARON CAPITAL FOUNDATION
          		Employer identification number

    14-2004657
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    BARON CAPITAL FOUNDATION
          		Employer identification number

    14-2004657
    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) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    BARON CAPITAL FOUNDATION
    EIN:
    14-2004657
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EISNERAMPER, LLP 28,600 14,300 0 14,300

    TY 2021 GeneralExplanationAttachment
    Name:
    BARON CAPITAL FOUNDATION
    EIN:
    14-2004657
    Identifier Return Reference Explanation
    INFORMATION OF THE CONTROLLED ENTITY FORM 990PF, PART VI-A, LINE 11 NAME OF THE CONTROLLED ENTITY: BARON USA PARTNERS FUND LTDEIN: FOREIGN CORPORATIONADDRESS: C/O BARON CAPITAL MANAGEMENT 767 FIFTH AVE, 49FL NEW YORK, NY, 10153THERE WERE NO TRANSFERS TO OR FROM THIS CONTROLLED ENTITY DURING 2021.THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING.

    TY 2021 InvestmentsOtherSchedule2
    Name:
    BARON CAPITAL FOUNDATION
    EIN:
    14-2004657
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT IN BARON USA PARTNERS FUND, LTD. AT COST 20,928,533 85,393,421
    INVESTMENT IN BARON FIFTH AVENUE GROWTH FUND AT COST 457,717 1,741,080
    INVESTMENT IN BARON FOCUSED GROWTH FUND AT COST 9,474,370 24,748,460
    INVESTMENT IN BARON REAL ESTATE FUND AT COST 558,259 1,119,489
    INVESTMENT IN BARON GROWTH FUND AT COST 1,352,250 2,338,673
    INVESTMENT IN BARON PARTNERS FUND AT COST 1,270,140 5,040,369
    INVESTMENT IN BARON EMERGING MARKETS FUND AT COST 6,883 7,954
    INVESTMENT IN BARON DISCOVERY FUND AT COST 8,178 14,795
    INVESTMENT IN BARON WEALTHBUILDER FUND AT COST 588,037 844,288
    INVESTMENT IN SPACE EXPLORATION TECH CORP AT COST 4,999,860 10,286,934

    TY 2021 OtherExpensesSchedule
    Name:
    BARON CAPITAL FOUNDATION
    EIN:
    14-2004657
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NY FILING FEE 1,500 0 0 1,500
    BANK FEE 240 240 0 0


    TY 2021 OtherIncomeSchedule2
    Name:
    BARON CAPITAL FOUNDATION
    EIN:
    14-2004657
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SUBPART F INCOME 6,874,951 6,874,951 0


    TY 2021 OtherLiabilitiesSchedule
    Name:
    BARON CAPITAL FOUNDATION
    EIN:
    14-2004657
    Description Beginning of Year - Book Value End of Year - Book Value
    NOTES PAYABLE - JP MORGAN 5,000,000 0


    TY 2021 TaxesSchedule
    Name:
    BARON CAPITAL FOUNDATION
    EIN:
    14-2004657
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 330,000 0 0 0
    FOREIGN TAX PAID 11 11 0 0