Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
THE SELZ FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)121 EAST 73RD STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10021
A Employer identification number

13-3180806
B Telephone number (see instructions)

(212) 269-7808
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$187,161,954J 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) 2,301,709
2 Check bullet.............
3 Interest on savings and temporary cash investments 359,909 359,909  
4 Dividends and interest from securities... 2,085,826 2,085,826  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 17,441,048
b Gross sales price for all assets on line 6a 71,595,196
7 Capital gain net income (from Part IV, line 2)... 17,441,048
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 2,267,842 2,267,842  
12 Total. Add lines 1 through 11........ 24,456,334 22,154,625  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 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 15,410 7,705   7,705
c Other professional fees (attach schedule).... Click to see attachment 395,197 395,197   0
17 Interest............... 21,491 1,452   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 352,784 217,427   357
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 41,437 0   41,437
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 22,360 0   22,360
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 848,679 621,781   71,859
25 Contributions, gifts, grants paid....... 9,019,522 9,019,522
26 Total expenses and disbursements. Add lines 24 and 25 9,868,201 621,781   9,091,381
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 14,588,133
b Net investment income (if negative, enter -0-) 21,532,844
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 26,505,264 41,596,544 41,596,544
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) bullet5,030,000
Less: allowance for doubtful accounts bullet0 30,000 5,030,000 5,030,000
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)....... 81,769,344 Click to see attachment71,998,238 116,765,138
c Investments—corporate bonds (attach schedule)....... 2,332,250 0 0
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 14,720,455 Click to see attachment23,770,272 23,770,272
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) 125,357,313 142,395,054 187,161,954
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 161,534,909 125,357,313
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds -36,177,596 17,037,741
29 Total net assets or fund balances (see instructions)..... 125,357,313 142,395,054
30 Total liabilities and net assets/fund balances (see instructions). 125,357,313 142,395,054
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
125,357,313
2
Enter amount from Part I, line 27a .....................
2
14,588,133
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,449,608
4
Add lines 1, 2, and 3 ..........................
4
142,395,054
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
142,395,054
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 PROSHARES ULTRA VIX P    
b ALIGHT CAPITAL ONSHORE FUND LP P    
c ALIGHT CAPITAL ONSHORE FUND LP P    
d OXFORD GATE LLC P    
e OXFORD GATE LLC P    
NEUBERGER BERMAN #037336 P    
NEUBERGER BERMAN #037336 P    
INGALLS & SNYDER #01960004 P    
INGALLS & SNYDER #01960004 P    
MW JAPAN CLASS C P    
MW JAPAN CLASS A P    
MATERIA INC P    
NEUBERGER BERMAN #037336 CIL P    
MW JAPAN FUND PLC P    
PROSHARES ULTRA VIX P    
PROSHARES ULTRA VIX 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       -39,532
b       80,698
c       23,157
d       276,409
e       320,493
2,926,156   2,249,120 677,036
1,622,296   1,062,881 559,415
35,143,809   27,300,498 7,843,311
28,754,444   22,194,627 6,559,817
1,287,683   1,178,420 109,263
509,573   500,000 9,573
1,351,235     1,351,235
      16
      63,049
      -235,736
      -157,156
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       -39,532
b       80,698
c       23,157
d       276,409
e       320,493
      677,036
      559,415
      7,843,311
      6,559,817
      109,263
      9,573
      1,351,235
      16
      63,049
      -235,736
      -157,156
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 17,441,048
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 0
3 Add lines 1 and 2........................... 3 299,307
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- ..... 5 299,307
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 295,254
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 310,254
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 55
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 10,892
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet10,892 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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
     
    No
    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 addressbulletN/A
    14
    The books are in care ofbulletBERNARD T SELZ Telephone no.bullet (212) 269-7808

    Located atbulletSELZ CAPITAL 121 EAST 73RD STREETNEW YORKNY ZIP+4bullet10021
    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? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletJA
    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
    BERNARD T SELZ PRES/DIR
    7.00     		0 0 0
    121 EAST 73RD STREET
    NEW YORK,NY10021
    LISA SELZ SECY/TRES
    30.00     		0 0 0
    121 EAST 73RD STREET
    NEW YORK,NY10021
    ARNOLD SYROP VP/DIR
    7.00     		0 0 0
    19 EAST 88TH STREET
    NEW YORK,NY10028
    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
    122,472,722
    b
    Average of monthly cash balances.......................
    1b
    34,050,904
    c
    Fair market value of all other assets (see instructions)................
    1c
    19,274,428
    d
    Total (add lines 1a, b, and c).........................
    1d
    175,798,054
    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
    175,798,054
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    2,636,971
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    173,161,083
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    8,658,054
    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
    8,658,054
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    299,307
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    299,307
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    8,358,747
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    8,358,747
    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
    8,358,747
    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 8,358,747
    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...... 5,365,638
    b From 2017...... 2,048,321
    c From 2018...... 5,661,990
    d From 2019...... 8,060,485
    e From 2020...... 325,368
    f Total of lines 3a through e ........ 21,461,802
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 9,091,381
    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..... 8,358,747
    e Remaining amount distributed out of corpus 732,634
    5 Excess distributions carryover applied to 2021. 0 0
    (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 22,194,436
    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) ...     		5,365,638
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		16,828,798
    10 Analysis of line 9:
    a Excess from 2017.... 2,048,321
    b Excess from 2018.... 5,661,990
    c Excess from 2019.... 8,060,485
    d Excess from 2020.... 325,368
    e Excess from 2021.... 732,634
    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
    PAID THROUGH ENERGY TRANSFER LP
    8111 WESTCHESTER DRIVE
    DALLAS,TX75225     		NONE PC GENERAL PURPOSE-UNKNOWN 217
    FARM TO SCHOOL OF PARK COUNTY
    215 EAST LEWIS STREET
    LIVINGSTON,MT59047     		NONE PC GENERAL PURPOSE-COMMUNITY SERVICES 1,000
    ACKERMAN INSTITUTE FOR THE FAMILY
    149 EAST 78TH STREET
    NEW YORK,NY10075     		NONE PC GENERAL PURPOSE-COMMUNITY SERVICES 73,000
    ALLEN STEVENSON SCHOOL
    132 EAST 78TH STREET
    NEW YORK,NY100750381     		NONE PC GENERAL PURPOSE-EDUCATION 102,000
    AMERICAN CLASSICAL ORCHESTRA
    133 WEST 70TH STREET
    NEW YORK,NY100234498     		NONE PC GENERAL PURPOSE-ARTS 40,000
    AMERICAN FRIENDS OF LES ARTS DECORATIFS
    40 EAST 78TH STREET
    NEW YORK,NY10075     		NONE PC GENERAL PURPOSE-ARTS 337,000
    METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVENUE
    NEW YORK,NY10028     		NONE PC GENERAL PURPOSE-MUSEUM 200
    NY BOTANICAL GARDEN
    2900 SOUTHERN BLVD
    BRONX,NY10458     		NONE PC GENERAL PURPOSE-EDUCATION 165
    AMPLE TABLE FOR EVERYONE
    174 EAST 74TH STREET
    NEW YORK,NY10021     		NONE PC GENERAL PURPOSE-COMMUNITY SERVICES 33,000
    BARD GRADUATE CENTER
    18 WEST 86TH STREET
    NEW YORK,NY10024     		NONE PC GENERAL PURPOSE-EDUCATION 73,000
    CATO INSTITUTE
    1000 MASSACHUSETTS AVE NW
    WASHINGTON,DC200015403     		NONE PC GENERAL PURPOSE-COMMUNITY SERVICES 230,000
    CAVARAN TO CLASS
    1001 BRIDGEWAY 730
    SAUSALITO,CA94965     		NONE PC GENERAL PURPOSE-EDUCATION 25,000
    EMPIRE CENTER
    100 STATE STREET 600
    ALBANY,NY12207     		NONE PC GENERAL PURPOSE-PUBLIC POLICY 7,000
    ETHEL WALKER SCHOOL
    230 BUSHY HILL RD
    SIMSBURY,CT06070     		NONE PC GENERAL PUROSE-EDUCATION 100,000
    FIRE
    510 WALNUT STREET
    PHILADELPHIA,PA19106     		NONE PC GENERAL PURPOSE-EDUCATION 73,000
    FRIENDS OF THE MUSEE DES ARTS
    60 RUE REAUMUR
    PARIS   75003
    FR     		NONE PC GENERAL PURPOSE-ARTS 25,000
    GOUCHER COLLLEGE
    1021 DULANEY VALLEY ROAD
    BALTIMORE,MD21204     		NONE PC GENERAL PURPOSE-EDUCATION 450,000
    GREATER LIFE
    272 CHANCELLOR AVENUE
    NEWARK,NJ07112     		NONE PC GENERAL PURPOSE-COMMUNITY SERVICES 57,000
    GULLOTTA HOUSE
    72 NORTH STATE ROAD
    BRIARCLIFF MANOR,NY10510     		NONE PC GENERAL PURPOSE-COMMUNITY SERVICES 10,000
    INSTITUTE OF FINE ARTS
    1 EAST 78TH STREET
    NEW YORK,NY10075     		NONE PC GENERAL PURPOSE-ARTS 43,000
    LA GUARDIA COMMUNITY COLLEGE
    31-10 THOMSON AVENUE
    LONG ISLAND CITY,NY11101     		NONE PC GENERAL PURPOSE-EDUCATION 1,000,000
    LIVINGSTON CENTER FOR ARTS & CULTURE
    119 SOUTH MAIN STREET
    LIVINGSTON,MT59047     		NONE PC GENERAL PURPOSE-ARTS 1,000
    MANHATTAN INSTITUTE FOR POLICY RESEARCH
    52 VANDERBILT AVENUE
    NEW YORK,NY10017     		NONE PC GENERAL PURPOSE-PUBLIC POLICY 7,000
    MILLBROOK SCHOOL
    131 MILLBROOK SCHOOL ROAD
    MILLBROOK,NY12545     		NONE PC GENERAL PURPOSE-EDUCATION 102,000
    MONTANA FOOD BANK
    5625 EXPRESSWAY
    MISSOULA,MT59808     		NONE PC GENERAL PURPOSE-COMMUNITY SERVICES 5,000
    MY SISTERS CIRLCE
    PO BOX 84
    TIMONIUM,MD21094     		NONE PC GENERAL PURPOSE-EDUCATION 5,000
    NATIONAL DISABLED VETERANS WINTER SPORTS
    810 VERMONT AVENUE
    WASHINGTON,DC20420     		NONE PC GENERAL PURPOSE-VETERAN SERVICES 1,078,000
    NATIONAL PARKS OF NY HARBOR CONSERVANCY
    26 WALL STREET
    NEW YORK,NY10005     		NONE PC GENERAL PURPOSE-ENVIROMENTAL 10,000
    NATURE CONSERVANCY OF MONTANA
    32 SOUTH EWING
    HELENA,MT59601     		NONE PC GENERAL PURPOSE-ENVIROMENTAL 5,000
    NY UNIVERSITY
    50 WEST 4TH STREET
    NEW YORK,NY10012     		NONE PC GENERAL PURPOSE-EDUCATION 38,801
    PBS FOUNDATION
    110 WEST ALEXANDRIA AVENUE
    ALEXANDRIA,VA22301     		NONE PC GENERAL PURPOSES-EDUCATION 3,000
    PALS PROGRAM
    PO BOX 843
    CRANFORD,NJ07016     		NONE PC GENERAL PURPOSE-EDUCATION 23,000
    PARK COUNTY ENVIROMENTAL COUNCIL
    215 EAST LEWIS STREET
    LIVINGSTON,MT59047     		NONE PC GENERAL PURPOSE-ENVIROMENTAL 3,500
    PRO PUBLICA
    55 BROADWAY
    NEW YORK,NY10006     		NONE PC GENERAL PURPOSE-ARTS 73,000
    RIPPOWAM CISQUA SCHOOL
    PO BOX 488
    BEDFORD,NY10546     		NONE PC GENERAL PURPOSE-EDUCATION 50,000
    SMILING GOAT RANCH
    271 WILLOW LANE
    CARBONDALE,CO81623     		NONE PC GENERAL PURPOSE-MENTAL HEALTH 10,000
    ST FRANCIS DE SALES CATHOLIC CHURCH
    135 EAST 96TH STREET
    NEW YORK,NY10128     		NONE PC GENERAL PURPOSE-RELIGIOUS 5,000
    STAFFORD ANIMAL SHELTER
    3 BOULDER BUSINESS PARK ROAD
    LIVINGSTON,MT59047     		NONE PC GENERAL PURPOSE-ANIMAL WELFARE 3,500
    STRIVE INTERNATIONAL
    205 EAST 122ND STREET
    NEW YORK,NY10035     		NONE PC GENERAL PURPOSE-COMMUNITY SERVICES 73,000
    THE BRIDGE FUND OF NEW YORK
    271 MADISON AVENUE
    NEW YORK,NY10016     		NONE PC GENERAL PURPOSE-COMMUNITY SERVICES 73,000
    THE LAND INSTITUTE
    2440 EAST WATER WELL ROAD
    SALINA,KS67401     		NONE PC GENERAL PURPOSE-ENVIROMENTAL 10,000
    THE MORGAN LIBRARY
    225 MADISON AVENUE
    NEW YORK,NY10016     		NONE PC GENERAL PURPOSE-LIBRARY 2,000
    TOUCH A LIFE
    400 EAST ROYAL LANE
    IRVING,TX75039     		NONE PC GENERAL PURPOSE-MENTAL HEALTH 23,000
    UNITED IN LIGHT
    101 BILLMAN LANE
    LIVINGSTON,MT59047     		NONE PC GENERAL PURPOSE-ANIMAL WELFARE 10,000
    WIKIMEDIA FOUNDATION
    149 NEW MONTGOMERY STREET
    SAN FRANCISCO,CA94105     		NONE PC GENERAL PURPOSE-EDUCATION 7,000
    WORLD MONUMENT FUND
    95 MADISON AVENUE
    NEW YORK,NY10016     		NONE PC GENERAL PURPOSE-CULTURAL PRESERVATION 1,007,000
    WORLD WILDLIFE FUND
    1250 24TH STREET NW
    WASHINGTON,DC20090     		NONE PC GENERAL PURPOSE-ANIMAL WELFARE 6,000
    T ROWE PRICE CHARITABLE GIVING FUND
    PO BOX 17468
    BALTIMORE,MD21298     		NONE PC GENERAL PURPOSE-ARTS 2,700,000
    CAMP EMUNAH
    828 EASTERN PARKWAY
    BROOKLYN,NY11213     		NONE PC GENERAL PURPOSE-COMMUNITY SERVICES 25,000
    COMMUNITY RESOURCE CENTER
    134 CENTER AVENUE
    MAMARONECK,NY10543     		NONE PC GENERAL PURPOSE-COMMUNITY SERVICES 10,000
    INSTITUTE FOR THE STUDY OF THE ANCIENT WORLD
    15 EAST 84TH STREET
    NEW YORK,NY10028     		NONE PC GENERAL PURPOSE-EDUCATION 800,000
    JANE GOODALL INSTITUTE
    1120 20TH STREET NW
    WASHINGTON,DC20036     		NONE PC GENERAL PURPOSE-EDUCATION 2,000
    LEWISBORO LAND TRUST
    PO BOX 496
    SOUTH SALEM,NY10590     		NONE PC GENERAL PURPOSE-COMMUNITY SERVICES 1,000
    PEF ISRAEL ENDOWMENT FUND
    630 3RD AVENUE
    NEW YORK,NY10017     		NONE PC GENERAL PURPOSE-COMMUNITY SERVICES 97,000
    PRATT INSTITUTE
    200 WILLOUGHBY AVENUE
    BROOKLYN,NY11205     		NONE PC GENERAL PURPOSE-EDUCATION 25,000
    ST GEORGE GEORGIAN ORTHODOX CHURCH
    412 PHILMONT AVENUE
    FEASTERVILLETREVOSE,PA19053     		NONE PC GENERAL PURPOSE-RELIGIOUS 5,000
    ST GRIGOL OF GEORGIAN ORTHODOX CHURCH
    135 S 3RD AVENUE
    MANVILLE,NJ08835     		NONE PC GENERAL PURPOSE-RELIGIOUS 5,000
    THE NEW SCHOOL
    66 WEST 12TH STREET
    NEW YORK,NY10011     		NONE PC GENERAL PURPOSE-EDUCATION 31,139
    IGREJA EVANGELICA FANUEL
    RUA ALEXANDRINA DE SOUZA 168
    MG,BRAZIL  
    BR     		NONE PC GENERAL PURPOSE-RELIGIOUS 5,000
    Total .................................bullet 3a 9,019,522
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		    14 359,909  
    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 17,441,048  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 19,886,783 2,267,842
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    22,154,625
    (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.)
    7 OTHER PARTNERSHIP NET ROYALTY AND NET INVESTMENT INCOME
    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
    THE SELZ FOUNDATION
     
    Employer identification number

    13-3180806
    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
    THE SELZ FOUNDATION
          		Employer identification number
    13-3180806
    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
    CHARITABLE LEAD ANNUITY TRUST (BERNARD SELZ)
     
    1370 AVENUE OF THE AMERICAS
     
    NEW YORK, NY10019

    		$ 1,026,968


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    CHARITABLE LEAD ANNUITY TRUST (BERNARD SELZ)
     
    1370 AVENUE OF THE AMERICAS
     
    NEW YORK, NY10019

    		$ 1,274,741


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    13-3180806
    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
    THE SELZ FOUNDATION
          		Employer identification number

    13-3180806
    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:
    THE SELZ FOUNDATION
    EIN:
    13-3180806
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING/TAX PREPARATION FEES 15,410 7,705   7,705

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE SELZ FOUNDATION
    EIN:
    13-3180806
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ISHARES SILVER 5,721,511 7,636,050
    ASTON MARTIN LAGONDA 1,241,144 1,353,375
    ATHENE HOLDINGS LTD 1,105,180 4,474,821
    CELLNEX TELECOM 4,056,773 8,730,810
    CONSTELLIUM SE 395,770 895,500
    ECN CAPITAL CORP 0 2,049,464
    ELEMENT FLEET MANAGEMENT CORP 4,611,416 5,503,842
    ENERGY TRANSFER LP 764,820 823,000
    GREAT BEAR RESOURCES 726,931 1,821,600
    GREEN THUMB INDUSTRIES INC 4,783,934 4,432,100
    HDFC BANK LTD 549,981 976,050
    IAC INTERACTIVECORP 864,366 1,307,100
    LIBERTY BROADBAND CORP SER A 318,497 1,206,750
    LIBERTY BROADBAND CORP SER C 716,837 2,738,700
    LIBERTY MEDIA CORP DEL COM A SIRIUSXM 789,662 1,525,500
    LIBERTY MEDIA CORP DEL COM C SIRIUSXM 1,446,452 2,898,450
    LUNDIN GOLD INC 3,994,774 3,792,976
    NEXSTAR MEDIA GROUP CL A 2,368,600 3,019,600
    SCIENTIFIC GAMES CORP 2,004,304 9,022,050
    TRILOGY METALS INC 1,479,565 2,805,000
    TRULIEVE CANNABIS CORP 9,234,970 9,103,500
    WESTPORT FUEL SYSTEMS 1,242,852 1,185,000
    WILLSCOTT MOBIL MINI HLDNG 3,798,444 16,336,000
    LIBERTY MEDIA ACQUISITION CORP 400,000 423,600
    DHT HOLDINGS INC 3,818,197 3,114,000
    DXC TECHNOLOGIES 7,670,999 9,657,000
    NAC KAZATOMPROM JSR-GDR 6,731,565 9,187,500
    PROSHARES TR II ULTRA VIX FUTURES 1,160,694 745,800

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE SELZ FOUNDATION
    EIN:
    13-3180806
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT IN OXFORD GATE LLC AT COST 9,461,175 9,461,175
    INVESTMENT IN ALIGHT CAPITAL AT COST 7,009,097 7,009,097
    INVESTMENT IN SIVA THERAPEUTICS AT COST 300,000 300,000
    INVESTMENT IN STRATEGOS OFFSHORE LTD AT COST 7,000,000 7,000,000

    TY 2021 OtherExpensesSchedule
    Name:
    THE SELZ FOUNDATION
    EIN:
    13-3180806
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 100 0   100
    OTHER OPERATING EXPENSES 20,760 0   20,760
    NYS DEPT OF LAW 1,500 0   1,500


    TY 2021 OtherIncomeSchedule2
    Name:
    THE SELZ FOUNDATION
    EIN:
    13-3180806
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ORDINARY INCOME OXFORD GATE LLC 1,943,569 1,943,569 1,943,569
    SUBPART F INCOME-OXFORD GATE LLC 250,022 250,022 250,022
    ORDINARY INCOME ENERGY TRANSFER 58,906 58,906 58,906
    ORDINARY INCOME MW JAPAN PLC 15,345 15,345 15,345


    TY 2021 OtherIncreasesSchedule
    Name:
    THE SELZ FOUNDATION
    EIN:
    13-3180806
    Description Amount
    UNREALIZED AND OTHER BOOK/TAX DIFFERENCES FROM INVESTMENTS IN PARTNERSHIPS 2,449,608


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE SELZ FOUNDATION
    EIN:
    13-3180806
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES-OXFORD GATE LLC 119,222 119,222   0
    OTHER PROFESSIONAL FEES-PROSHARES ULTRA VIX 3,616 3,616   0
    OTHER PROFESSIONAL FEES-ALIGHT CAPITAL 96,385 96,385   0
    ADVISORY FEES 175,974 175,974   0


    TY 2021 TaxesSchedule
    Name:
    THE SELZ FOUNDATION
    EIN:
    13-3180806
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NYS TAXES 357 0   357
    FOREIGN TAXES PAID THROUGH PARTNERSHIP INVESTMENTS 217,427 217,427   0
    FEDERAL TAXES 135,000 0   0