Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
William & Sheila Konar Foundation
 
% ANN MARIE MAHONEY
Number and street (or P.O. box number if mail is not delivered to street address)75 THRUWAY PARK DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
W HENRIETTA, NY14586
A Employer identification number

22-2434846
B Telephone number (see instructions)

(585) 533-2900
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$152,862,077J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 134 134  
4 Dividends and interest from securities... 4,324,338 4,324,338  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,565,935
b Gross sales price for all assets on line 6a 22,513,693
7 Capital gain net income (from Part IV, line 2)... 6,565,935
8 Net short-term capital gain.........  
9 Income modifications........... 185,000
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 6,202 6,202  
12 Total. Add lines 1 through 11........ 10,896,609 10,896,609 185,000
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages...... 271,313     271,313
15 Pension plans, employee benefits....... 18,844     18,844
16a Legal fees (attach schedule)......... Click to see attachment 35,385 0 0 35,385
b Accounting fees (attach schedule)....... Click to see attachment 15,575 9,345 0 6,230
c Other professional fees (attach schedule).... Click to see attachment 358,261 352,166   6,095
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 145,274 125,603   19,671
19 Depreciation (attach schedule) and depletion... Click to see attachment 13,903    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 81,555     81,555
22 Printing and publications.......... 2,466     2,466
23 Other expenses (attach schedule)....... Click to see attachment 185,603 91,437   94,166
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,128,179 578,551 0 535,725
25 Contributions, gifts, grants paid....... 5,830,508 5,830,508
26 Total expenses and disbursements. Add lines 24 and 25 6,958,687 578,551 0 6,366,233
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,937,922
b Net investment income (if negative, enter -0-) 10,318,058
c Adjusted net income (if negative, enter -0-)... 185,000
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............. 1,006,732 775,849 775,849
2 Savings and temporary cash investments......... 1,092,528 3,307,301 3,307,301
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)....... 118,948,382 Click to see attachment121,079,584 148,156,172
c Investments—corporate bonds (attach schedule)....... 300,000 Click to see attachment300,000 300,000
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet227,699
Less: accumulated depreciation (attach schedule) bullet115,942 125,658 Click to see attachment111,757 111,757
15 Other assets (describe bullet) Click to see attachment192,533 Click to see attachment210,998 Click to see attachment210,998
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 121,665,833 125,785,489 152,862,077
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 121,667,174 125,785,489
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 121,667,174 125,785,489
30 Total liabilities and net assets/fund balances (see instructions). 121,667,174 125,785,489
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
121,667,174
2
Enter amount from Part I, line 27a .....................
2
3,937,922
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
185,000
4
Add lines 1, 2, and 3 ..........................
4
125,790,096
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,607
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
125,785,489
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 BERNSTEIN #036-41647 ST COVERED P    
b BERNSTEIN #036-41647 LT COVERED P    
c BERNSTEIN #888-99481 ST COVERED P    
d BERNSTEIN #888-99481 LT COVERED P    
e BERNSTEIN #888-99481 CIL P    
MORGAN STANLEY #881-010037 ST COVERED P    
MORGAN STANLEY #881-010037 LT COVERED P    
MORGAN STANLEY #881-010037 LT NON-COVERED P    
MORGAN STANLEY #881-010037 LT NON-COVERED P    
MORGAN STANLEY #881-010042 ST COVERED P    
MORGAN STANLEY #881-010042 LT COVERED P    
MORGAN STANLEY #881-143165 LT COVERED P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 232,169   206,082 26,087
b 4,007,606   3,585,727 421,879
c 1,954,443   1,581,511 372,932
d 11,454,610   8,389,593 3,065,017
e 34     34
343,026   321,204 26,411
553,192   497,935 55,257
63,775   63,188 587
163,189   158,766 4,423
172,130   182,132 -7,061
289,072   208,888 81,497
775,000   761,594 13,425
      1,007,830
      1,007,830
      1,007,830
      1,007,830
      1,007,830
      1,007,830
      1,007,830
      1,007,830
      1,007,830
      1,007,830
      1,007,830
      1,007,830
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       26,087
b       421,879
c       372,932
d       3,065,017
e       34
      21,822
      55,257
      587
      4,423
      -10,002
      80,184
      13,406
       
       
       
       
       
       
       
       
       
       
       
       
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 6,565,935
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 143,421
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 143,421
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 88,483
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 150,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 238,483
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 95,062
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet95,062 RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
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
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletkonarfoundation.org
    14
    The books are in care ofbulletANN MARIE MAHONEY Telephone no.bullet (585) 533-2903

    Located atbullet75 THRUWAY PARK DRIVEW HENRIETTANY ZIP+4bullet14586
    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
     
    No
    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
    HOWARD KONAR Trustee, Hours - As Required
    0     		0 0 0
    75 THRUWAY PARK DRIVE
    W HENRIETTA,NY14586
    RACHAEL GUTTENBERG Trustee, Hours - As Required
    0     		0 0 0
    75 THRUWAY PARK DRIVE
    W HENRIETTA,NY14586
    DONALD NOWILL Trustee, Hours - As Required
    0     		0 0 0
    41 Taylor Crossway
    Brookline,MA02146
    Lawrence Fine Trustee, Hours - As Required
    0     		0 0 0
    2 Tiffany Court
    Pittsford,NY14534
    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
    MARILYN GRANT PROGRAM DIRECTOR
    40.0     		151,656 4,486  
    227 GENESEE PARK BLVD
    ROCHESTER,NY14619
    ANN MARIE MAHONEY OPERATIONS MANAGER
    40.0     		59,845 13,532  
    63 ALGER DR
    ROCHESTER,NY14624
    LORNA WASHINGTON PROGRAM DIRECTOR
    40.0     		52,812 825  
    1149 AMBERWOOD LANE
    WEBSTER,NY14580
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NONE  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    144,204,433
    b
    Average of monthly cash balances.......................
    1b
    3,018,782
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    147,223,215
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    147,223,215
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    2,208,348
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    145,014,867
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    7,250,743
    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
    7,250,743
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    143,421
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    143,421
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,107,322
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    185,000
    5
    Add lines 3 and 4............................
    5
    7,292,322
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    7,292,322
    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 7,292,322
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:2019, 2018, 2017 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 1,008,919
    b From 2017......  
    c From 2018...... 205,793
    d From 2019...... 611,555
    e From 2020...... 1,094,071
    f Total of lines 3a through e ........ 2,920,338
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 6,366,233
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 6,366,233
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 926,089 926,089
    (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 1,994,249
    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......     		 
    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) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		82,830
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		1,911,419
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 205,793
    c Excess from 2019.... 611,555
    d Excess from 2020.... 1,094,071
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Ann Marie Mahoney
    75 THRUWAY PARK DRIVE
    W Henrietta,NY14586
    AMMahoney@konarfoundation.org
    bThe form in which applications should be submitted and information and materials they should include:
    Submit a letter of intent and provide a brief overview of the organization and the reason for the grant request.
    cAny submission deadlines:
    One month prior to the quarterly trustee meetings held mid-March, Mid-June, mid-September, Mid-Novem
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Grants are awarded in the areas of education, cultural & civic organizations, improvement to health care services, promotion of ethnic/religious/cultural understanding & tolerance, benefits to the Jewish community
    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
    Monroe Community College Foundation
    Damon City Campus
    228 East Main Street
    Rochester,NY14604     		NONE PC Scholarship Support for Students & General Support 45,000
    Cancer Wellness Connections
    7 Brickston Drive
    Pittsford,NY14534     		NONE PC Support for patient care/medical treatments 2,500
    Mayo Clinic Foundation
    2200 First Street SW
    Rochester,MN559050001     		NONE PC General support for greatest needs at Mayo Clinic 2,500
    Chabad Lubavitch
    1037 Winton Road South
    Rochester,NY14618     		NONE PC Services for Jewish community 10,000
    Garth Fagan Dance
    50 Chestnut Street
    Rochester,NY14604     		NONE PC Program support to promote dance in communities 12,500
    JCC of Greater Rochester
    1200 Edgewood Avenue
    Rochester,NY14618     		NONE PC General support & Camp Seneca Lake 5,070
    JCC Rochester Jewish Film Festival
    1200 Edgewood Avenue
    Rochester,NY14618     		NONE PC Jewish cultural support through film 25,000
    Jewish Family Services
    441 East Avenue
    Rochester,NY14607     		NONE PC Services for Jewish families 171,468
    The Little Theatre
    240 East Avenue
    Rochester,NY14604     		NONE PC Rehab Project 50,000
    Rochester Philharmonic Orchestra
    108 East Avenue
    Rochester,NY14604     		NONE PC Annual campaign support for local musicians 50,000
    United Way
    75 College Avenue
    Rochester,NY146071009     		NONE PC General community support services - crisis fund, universal home visitation project 35,000
    US Holocaust Museum
    100 Raoul Wallenberg Place SW
    Washington,DC200242126     		NONE PC Tolerance education/promotion of Jewish history, Denial & Antisemitism Initiative 1,350,000
    Breast Cancer Coalition of Rochester
    10480 University Avenue
    Rochester,NY14607     		NONE PC Support of breast cancer awareness programs/advocacy 2,500
    Water for Sudan
    PO Box 25551
    Rochester,NY14625     		NONE PC Provide access to clean water for Sudanese communities 2,500
    George Eastman Museum
    900 East Avenue
    Rochester,NY146072298     		NONE PC Support for museum's activities/programs 313,355
    Sisters of St Joseph of Rochester
    150 French Road
    Rochester,NY146183822     		NONE PC MEDICAL SUPPORT OF RETIRED SISTERS 3,500
    Alzheimer's Association
    435 East Henrietta Road
    Rochester,NY14602     		NONE PC Program & services for Alzheimer's patients and special fund raising project 2,500
    Al Sigl Center
    1000 Elmwood Avenue Suite 300
    Rochester,NY146203098     		NONE PC Support for programs & services to children & families 2,500
    Tourette Syndrome Association
    42-40 Bell Blvd Suite 205
    Bayside,NY113612820     		NONE PC Program support services 2,500
    Dana Farber Cancer Institute
    10 Brookline Place West
    6th Floor
    Brookline,MA02445     		NONE PC Biobank for Innovative Cancer Research and Care 125,000
    Nazareth College
    4245 East Avenue
    Rochester,NY14618     		NONE PC Music Performance Center & Support for Center for Tolerance & Jewish Studies 100,000
    University of Rochester
    300 E River Rd
    PO Box 270032
    Rochester,NY14627     		NONE PC Grants & Program Support 130,000
    American Indian College Fund
    8444 GREENWOOD BLVD
    DENVER,CO80221     		NONE PC PROMOTE EDUCATION INITIATIVES & OPPORTUNITIES 7,500
    East House
    259 MONROE AVENUE 200
    ROCHESTER,NY14607     		NONE PC RECOVERY SUPPORT SERVICES 25,000
    GEVA Theatre Center
    75 WOODBURY BLVD
    ROCHESTER,NY14607     		NONE PC Education Programs 50,000
    Greater Rochester Enterprise Foundation
    100 CHESTNUT ST 1910
    ROCHESTER,NY14604     		NONE PC Program Support 50,000
    Greater Rochester Summer Learning Association
    274 NORTH GOODMAN STREET D103
    ROCHESTER,NY14617     		NONE PC Kindergarten Readiness & Transition 60,000
    Homesteads for Hope
    2185 MANITOU ROAD
    ROCHESTER,NY14506     		NONE PC Support Program Services 50,000
    Rochester Museum & Science Center
    657 EAST AVENUE
    ROCHESTER,NY14607     		NONE PC PROGRAM SUPPORT 2,500
    The Center for Youth Services
    905 MONROE AVENUE
    ROCHESTER,NY14620     		NONE PC Support for The Center for Youth 50,000
    The Children's Agenda
    1 SOUTH WASHINGTON STREET 120
    ROCHESTER,NY14614     		NONE PC ADVOCACY PROGRAMS 50,000
    The Lawrence W & Elyse Fine Community Foundation
    441 EAST AVENUE
    ROCHESTER,NY14607     		Trustee PF PROGRAM SUPPORT 25,000
    Baden Street Settlement
    152 Baden Street
    Rochester,NY14605     		None PC Grant for Program & Services to Youth, Adults & Families 85,520
    Cameron Community Ministries
    48 Cameron Street
    Rochester,NY14606     		None PC After School Academy Award 20,000
    Carthage College
    2001 Alford Park Dr
    Kenosha,WI53140     		None PC Urban Teacher Prep Program 50,000
    Connected Communities
    410 Atlantic Avenue
    Rochester,NY14609     		None PC Program Support 156,908
    Flower City Arts Center
    713 Monroe Avenue
    Rochester,NY14607     		None PC Educational Programs 50,000
    Frank R Williams Scholarship Fund
    PO Box 55216
    Washington,DC20040     		None PC B Bethea Designation 5,000
    Freedom House
    1850 M Street NW
    Washington,DC20036     		None PC Program Support 100,000
    Lymphatic Education & Research Network
    261 Madison Avenue
    New York,NY10016     		None PC Program Support 2,500
    Rochester Childrens Scholarship Fund
    131 W Broad Street
    Rochester,NY14614     		None PC D Vega Designation 5,000
    Rochester Institute of Technology
    1 Lomb Memorial Drive
    Rochester,NY14623     		None PC DDI Summer Experience & Hillel Campus Engagement Initiative 70,000
    St John Fisher College
    3690 East Avenue
    Rochester,NY14618     		None PC Trauma Sensitive Community Program 61,328
    The Center For Teen Empowerment
    392 Genesee Street
    Rochester,NY14611     		None PC Program Services 1,000
    The Strong Museum
    1 Manhattan Square
    Rochester,NY14607     		None PC Support of program services 100,000
    University of Rochester East - EPO
    500 Wilson Blvd
    Rochester,NY14627     		None PC Step to College 353,259
    YWCA of Rochester & Monroe County
    175 N Clinton Ave
    Rochester,NY14604     		None PC Program Support 6,000
    Jewish Federation of Greater Rochester
    255 East Avenue
    Rochester,NY14604     		None PC Support Program Services, Community Relief & Recovery Fund 500,000
    Pathstone Foundation
    400 East Avenue
    Rochester,NY14607     		None PC Champion of Diversity Project and other program services 15,000
    William Warfield Scholarship Fund
    PO Box 31992
    Rochester,NY14603     		None PC Classical Vocal Competition 10,500
    Woodland Golf Club Scholarship Foundation
    1897 Washington Street
    Auburndale,MA02466     		None PC Support young golfers with scholarships 10,000
    Common Ground Foundation Inc
    1387 Fairport Road Suite 800
    Fairport,NY14450     		None PC Deliverative Democracy Initiative 125,000
    Convergence Center for Policy Resolution
    1133 19th St NW Suite 410
    Washington,DC20036     		none PC Tolerance Education 5,000
    Friends of Thai Daughters
    PO Box 370
    Trevett,ME04571     		none PC Program support 5,000
    Gateways Music Festival Inc
    26 Gibbs St
    Rochester,NY14604     		none PC Festival to support the community 25,000
    Greater Rochester Chamber of Commerce
    150 State St Suite 400
    Rochester,NY14614     		none PC Program support 2,500
    International African American Museum
    PO Box 22761
    Charleston,SC29413     		none PC Program Support 5,000
    Rochester City Ballet
    1326 University Ave
    Rochester,NY14607     		none PC Accessible Dance Performances & Creative Movement Classes 25,000
    Allendale Columbia School
    519 Allens Creek Rd
    Rochester,NY14618     		None PC Antiracism Curriculum Project & Scholarship 22,500
    AS Academy Inc
    4405 Shelly Road
    Livonia,NY14487     		None PC Program Services 5,000
    Bridge Alliance Education Fund
    214 S Allen Street
    State College,PA16801     		None PC Tolerance & Democracy Education 10,000
    Brookline Community Foundation
    40 Webster Pl
    Brookline,MA02445     		None PC Program Support 5,000
    Brookline Food Pantry
    15 St Paul St
    Brookline,MA02446     		None PC Program Support 5,000
    Caddie and Leadership Academy Inc
    3349 Monroe Ave Suite 251
    Rochester,NY14618     		None PC Program Support 5,000
    Church of Love Faith Center
    700 Exchange St
    Rochester,NY14608     		None PC Faith in Action - Adopt a School 20,000
    Greater Works Collaborative Inc
    139 Lime Rock Road
    Leroy,NY14482     		None PC Smart Restart Program 50,000
    HIAS
    1300 Spring St Suite 500
    Silver Spring,MD20910     		None PC Support for Afghan Refugees 5,000
    Horizons at Harley
    1981 Clover St
    Rochester,NY14618     		None PC Summer School Program 20,000
    Innovative Charitable Initiatives Inc
    27 Broadway
    Menands,NY12204     		None PC Freedom Scholars Summer Program 10,000
    Integrity First for America Inc
    PO Box 1831
    New York,NY10156     		None PC The Charlottesville Case 50,000
    Mary Cariola Center
    1000 Elmwood Ave Suite 100
    Rochester,NY14620     		None PC Organizational Diversity, Equity & Inclusion 30,000
    Pluta Cancer Center Foundation
    125 Red Creek Dr
    Rochester,NY14623     		None PC Group Acupuncture Pilot Program 5,500
    ROC The Future
    274 N Goodman St Suite D103
    Rochester,NY14607     		None PC Program Support 4,000
    Rochester Oratorio Society Inc
    1050 East Avenue
    Rochester,NY14607     		None PC Celebration of R. Nathaniel Dett's Oratorio 5,000
    Silent Spring Institute
    320 Nevada Street
    Newton,MA02460     		None PC Improving Health Outcomes for Low-Income Rochester Residents 15,000
    St John's Home Foundation
    150 Highland Ave
    Rochester,NY14620     		None PC Sensory Room for Dementia Care 30,000
    The Healing Connection Inc
    1320 University Ave
    Rochester,NY14607     		None PC Healthcare - Adolescent Eating Disorder Residential Program 125,000
    The Hub585 Inc
    111 North Chestnut St
    Rochester,NY14604     		None PC Hope Center - Supporting Youth, Families & Capacity Building 55,000
    Urban League of Rochester
    265 Clinton Ave
    Rochester,NY14605     		None PC Interrupt Racism 35,000
    Veterans Outreach Center
    447 S Avenue
    Rochester,NY14620     		None PC Promoting & Improving Health for Veterans 30,000
    Walker's Legacy Foundation
    60 M Street SE
    Washington,DC20003     		None PC Accelerating Women Who Enterprise - Rochester 70,000
    Warner School of Education
    PO Box 270425
    Rochester,NY14627     		None PC Sheila Konar Professorship - Project READ program, literacy book pilot projects, general program support 590,000
    Writers & Books Inc
    740 University Ave
    Rochester,NY14607     		None PC Underserved Black, Indigenous, People of Color Programs 20,600
    Total .................................bullet 3a 5,830,508
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 134  
    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 6,565,935  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISCELLANEOUS PORTFOLIO INCOME     		      6,202  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   10,896,609  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    10,896,609
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    William & Sheila Konar Foundation
    EIN:
    22-2434846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING & 990PF PREPARATION 15,575 9,345   6,230

    TY 2021 AllOthProgRltdInvestmentsSch
    Name:
    William & Sheila Konar Foundation
    EIN:
    22-2434846
    Category Amount
    NONE  

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

    TY 2021 DepreciationSchedule
    Name:
    William & Sheila Konar Foundation
    EIN:
    22-2434846
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    COMPUTER EQUIPMENT 2016-10-16 1,024 925 M5   98      
    LEASEHOLD IMPRVMNT 2017-05-17 88,490 8,227 M39   2,269      
    COMPUTER SOFTWARE 2017-01-18 10,588 10,588 SL 3        
    FURNITURE/FIXTURES 2017-05-01 70,095 48,198 M7   6,259      
    COMPUTER EQUIPMENT 2017-03-14 36,180 29,929 M5   4,168      
    SIGNAGE/LOGO PANEL 2018-06-11 10,675 696 M39   274      
    DOORS 2018-09-20 4,986 293 M39   128      
    LOBBY FURNITURE 2018-07-06 1,192 670 M7   149      
    TABLES 2018-09-13 2,814 1,583 M7   351      
    FILE CABINETS 2018-12-14 1,655 930 M7   207      

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    William & Sheila Konar Foundation
    EIN:
    22-2434846
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ISRAEL BONDS 300,000 300,000

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    William & Sheila Konar Foundation
    EIN:
    22-2434846
    Name of Stock End of Year Book Value End of Year Fair Market Value
    JP MORGAN 13,529,342 15,145,149
    BERNSTEIN 99,291,882 124,778,088
    MORGAN STANLEY 8,258,360 8,232,935

    TY 2021 LandEtcSchedule2
    Name:
    William & Sheila Konar Foundation
    EIN:
    22-2434846
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER EQUIPMENT 1,024 1,023 1  
    LEASEHOLD IMPRVMNT 88,490 10,496 77,994  
    COMPUTER SOFTWARE 10,588 10,588    
    FURNITURE/FIXTURES 70,095 54,457 15,638  
    COMPUTER EQUIPMENT 36,180 34,097 2,083  
    SIGNAGE/LOGO PANEL 10,675 970 9,705  
    DOORS 4,986 421 4,565  
    LOBBY FURNITURE 1,192 819 373  
    TABLES 2,814 1,934 880  
    FILE CABINETS 1,655 1,137 518  


    TY 2021 LegalFeesSchedule
    Name:
    William & Sheila Konar Foundation
    EIN:
    22-2434846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 35,385     35,385


    TY 2021 OtherAssetsSchedule
    Name:
    William & Sheila Konar Foundation
    EIN:
    22-2434846
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS/INTEREST RECEIVABLE 192,533 210,998 210,998


    TY 2021 OtherDecreasesSchedule
    Name:
    William & Sheila Konar Foundation
    EIN:
    22-2434846
    Description Amount
    BOOK/TAX DIFFERENCE - WASH SALES 4,607


    TY 2021 OtherExpensesSchedule
    Name:
    William & Sheila Konar Foundation
    EIN:
    22-2434846
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL & OTHER FEES 7,402     7,402
    MANAGEMENT FEE 18,000     18,000
    MAIL/COURIER SERVICE 1,849     1,849
    INFORMATION TECHNOLOGY 25,402     25,402
    OFFICE SUPPLIES 3,643     3,643
    INSURANCE 6,144     6,144
    DUES & SUBSCRIPTIONS 18,106     18,106
    TELEPHONE 1,140     1,140
    MAINTENANCE 2,237     2,237
    ADVERSTISING & MARKETING 2,292     2,292
    CAM CHARGES 6,049     6,049
    MISC INVESTMENT EXPENSES 91,437 91,437    
    MISCELLANEOUS EXPENSES 402     402
    NYS FILING FEES 1,500     1,500


    TY 2021 OtherIncomeSchedule2
    Name:
    William & Sheila Konar Foundation
    EIN:
    22-2434846
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Miscellaneous Income 2,082 2,082  
    Other Portfolio Income 4,120 4,120  


    TY 2021 OtherIncreasesSchedule
    Name:
    William & Sheila Konar Foundation
    EIN:
    22-2434846
    Description Amount
    ADJ NET INCOME - PRIOR YEAR GRANT REFUND 185,000


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    William & Sheila Konar Foundation
    EIN:
    22-2434846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVISORY COUNCIL FEES 5,000     5,000
    INVESTMENT MANAGEMENT FEES 352,166 352,166    
    MISC OTHER PROFESSIONAL FEES 1,095     1,095


    TY 2021 TaxesSchedule
    Name:
    William & Sheila Konar Foundation
    EIN:
    22-2434846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 75,603 75,603    
    FEDERAL TAXES 50,000 50,000    
    PAYROLL TAX 19,671     19,671