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
BILEZIKIAN FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)231 WILLOW STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
YARMOUTHPORT, MA026751744
A Employer identification number

04-3504021
B Telephone number (see instructions)

(508) 375-0005
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$25,608,207J 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 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 476,984 476,984  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 802,910
b Gross sales price for all assets on line 6a 2,804,769
7 Capital gain net income (from Part IV, line 2)... 802,910
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).......      
12 Total. Add lines 1 through 11........ 1,279,894 1,279,894  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 95,000 0   95,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 138,151 136,651   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 17,089 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 12,746 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 262,986 136,651   95,000
25 Contributions, gifts, grants paid....... 1,126,673 1,126,673
26 Total expenses and disbursements. Add lines 24 and 25 1,389,659 136,651   1,221,673
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -109,765
b Net investment income (if negative, enter -0-) 1,143,243
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......... 1,051,682 291,068 291,068
3 Accounts receivable bullet6,647
Less: allowance for doubtful accounts bullet   6,332 6,647 6,647
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 17,268,978 Click to see attachment17,760,683 25,310,492
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) 18,326,992 18,058,398 25,608,207
Liabilities 17 Accounts payable and accrued expenses.......... 30,954  
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)......... 30,954 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........ 17,432,038 17,432,038
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 864,000 626,360
29 Total net assets or fund balances (see instructions)..... 18,296,038 18,058,398
30 Total liabilities and net assets/fund balances (see instructions). 18,326,992 18,058,398
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
18,296,038
2
Enter amount from Part I, line 27a .....................
2
-109,765
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,186,273
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
127,875
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
18,058,398
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 FLEXSHARES UPSTREAM IDX ETF P   2021-09-23
b FLEXSHARES UPSTREAM IDX ETF P 2020-09-25 2021-09-23
c FLEXSHARES UPSTREAM IDX ETF P 2021-06-25 2021-09-23
d NEUBERGER BERMAN STRATEGIC INCOME P   2021-09-23
e FLEXSHARES UPSTREAM IDX ETF P   2021-09-23
FLEXSHARES UPSTREAM IDX ETF P 2017-01-17 2021-09-23
FLEXSHARES UPSTREAM IDX ETF P 2017-01-17 2021-09-23
FLEXSHARES UPSTREAM IDX ETF P 2017-01-17 2021-09-23
FLEXSHARES UPSTREAM IDX ETF P 2017-01-17 2021-09-23
FLEXSHARES UPSTREAM IDX ETF P 2017-01-17 2021-09-23
FLEXSHARES UPSTREAM IDX ETF P 2017-01-17 2021-09-23
FLEXSHARES UPSTREAM IDX ETF P 2017-01-17 2021-09-23
NEUBERGER BERMAN STRATEGIC INCOME P   2021-09-23
VANGUARD FTSE DEVELOPED MKTS ETF P 2014-04-14 2021-09-23
VANGUARD FTSE DEVELOPED MKTS ETF P 2014-04-14 2021-09-23
VANGUARD FTSE DEVELOPED MKTS ETF P 2014-04-14 2021-09-23
VANGUARD FTSE DEVELOPED MKTS ETF P 2014-04-14 2021-09-23
VANGUARD FTSE DEVELOPED MKTS ETF P 2014-04-14 2021-09-23
VANGUARD FTSE DEVELOPED MKTS ETF P 2014-04-14 2021-09-23
VANGUARD FTSE DEVELOPED MKTS ETF P 2014-04-14 2021-09-23
VANGUARD FTSE DEVELOPED MKTS ETF P 2014-04-14 2021-09-23
VANGUARD FTSE DEVELOPED MKTS ETF P 2014-04-14 2021-09-23
VANGUARD FTSE DEVELOPED MKTS ETF P   2021-09-23
BROOKFIELD INFRASTRUCTURE LP P   2021-09-24
CAPITAL GAINS 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 8,532   7,312 1,220
b 33   25 8
c 2,299   2,444 -145
d 29,163   29,068 95
e 280,023   229,484 50,539
36   30 6
1,350   1,109 241
3,649   2,996 653
3,649   2,996 653
18,245   14,978 3,267
18,245   14,978 3,267
40,102   32,921 7,181
901,711   804,393 97,318
5,243   4,100 1,143
5,242   4,100 1,142
5,767   4,510 1,257
10,485   8,200 2,285
26,212   20,500 5,712
48,498   37,925 10,573
57,667   45,100 12,567
62,910   49,200 13,710
127,852   99,999 27,853
473,545   342,577 130,968
440,525   242,914 197,611
233,786     233,786
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       1,220
b       8
c       -145
d       95
e       50,539
      6
      241
      653
      653
      3,267
      3,267
      7,181
      97,318
      1,143
      1,142
      1,257
      2,285
      5,712
      10,573
      12,567
      13,710
      27,853
      130,968
      197,611
      233,786
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 2 802,910
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 15,891
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 15,891
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 15,412
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 30,912
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 15,021
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet15,021 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMA
    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 ofbulletLAKE STREET ADVISORS LLC Telephone no.bullet (603) 610-4122

    Located atbullet25 CHESTNUT STREETPORTSMOUTHNH ZIP+4bullet03801
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DOREEN BILEZIKIAN PRESIDENT/DIRECTOR
    1.00     		0 0 0
    231 WILLOW STREET
    YARMOUTHPORT,MA02675
    HENRY L MURPHY CLERK/DIRECTOR
    1.00     		0 0 0
    231 WILLOW STREET
    YARMOUTHPORT,MA02675
    JEFFREY D BILEZIKIAN TREASURER/EXECUTIVE DIRECTOR
    20.00     		95,000 0 0
    231 WILLOW STREET
    YARMOUTHPORT,MA02675
    GREGORY C BILEZIKIAN VP/DIRECTOR
    1.00     		0 0 0
    231 WILLOW STREET
    YARMOUTHPORT,MA02675
    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
    LAKE STREET ADVISORS INVESTMENT MANAGEMENT 136,651
    25 CHESTNUT STREET
    PORTSMOUTH,NH03801
    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
    23,999,601
    b
    Average of monthly cash balances.......................
    1b
    745,661
    c
    Fair market value of all other assets (see instructions)................
    1c
    425,453
    d
    Total (add lines 1a, b, and c).........................
    1d
    25,170,715
    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
    25,170,715
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    377,561
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    24,793,154
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,239,658
    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
    1,239,658
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    15,891
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    15,891
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,223,767
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,223,767
    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
    1,223,767
    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 1,223,767
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018...... 56,079
    d From 2019......  
    e From 2020...... 70,732
    f Total of lines 3a through e ........ 126,811
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,221,673
    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..... 1,221,673
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 2,094 2,094
    (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 5 124,717
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		124,717
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 53,985
    c Excess from 2019....  
    d Excess from 2020.... 70,732
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ARMENIAN EYECARE PROJECT
    PO BOX 5630
    NEWPORT BEACH,CA92662     		NONE PUBLIC CHARITY SUPPORT FOR THE ELIMINATION OF PREVENTABLE BLINDNESS IN ARMENIA 10,000
    ARMENIAN MEMORIAL CHURCH
    32 BIGELOW AVENUE
    WATERTOWN,MA02472     		NONE PUBLIC CHARITY SUPPORT OF CHURCH CULTURAL AND RELIGIOUS ACTIVITIES 5,000
    ARMENIAN TREE PROJECT
    400 WEST CUMMINGS PARK STE 3900
    WOBURN,MA01801     		NONE PUBLIC CHARITY SUPPORT FOR THE GREENHOUSE PROJECT 25,000
    ARTS FOUNDATION OF CAPE COD
    396 MAIN STREET
    HYANNIS,MA02601     		NONE PUBLIC CHARITY SUPPORT FOR THE ARTS ON CAPE COD 7,000
    BARNSTABLE CLEAN WATER COALITION
    864 MAIN STREET
    OSTERVILLE,MA02655     		NONE PUBLIC CHARITY SUPPORT FOR ORGANIZATION'S EFFORTS TO PREERVE AND RESTORE CLEAN WATER THROUGHOUT BARNSTABLE 25,000
    BARNSTABLE LAND TRUST
    1540 MAIN STREET
    WEST BARNSTABLE,MA02668     		NONE PUBLIC CHARITY SUPPORT ORGANIZATION'S EFFORTS TO PRESERVE OPEN SPACE AND NATURAL RESOURCES 13,420
    BEHAVIORAL HEALTH INNOVATORS
    PO BOX 583
    SOUTH CHATHAM,MA02659     		NONE PUBLIC CHARITY SUPPORT FOR THE ORGANIZATION'S HIGH IMPACT SOLUTIONS FOR INDIVIDUALS WITH BEHAAVIORAL ILLNESS 10,000
    BIG BROTHER BIG SISTER OF CAPE COD
    1934 FALMOUTH ROAD
    CENTERVILLE,MA02632     		NONE PUBLIC CHARITY SUPPORT PROGRAMS OF BIG BROTHER BIG SISTER 10,000
    BLUE HILL OBSERVATORY SCIENCE CENTER
    1 OBSERVATORY SERVICE ROAD
    MILTON,MA02186     		NONE PUBLIC CHARITY SUPPORT THE ORGANIZATION'S MISSION TO FOSET PUBLIC UNDERSTANDING OF WEATHER, CLIMATE AND ENVIRONMENT 15,000
    BOSTON MEDICAL CENTER
    840 HARRISON AVENUE
    BOSTON,MA02118     		NONE PUBLIC CHARITY SUPPORT FOR SERVICES OF MEDICAL CENTER 10,000
    BOY SCOUTS OF CAPE COD AND ISLANDS
    247 WILLOW STREET
    YARMOUTH,MA02675     		NONE PUBLIC CHARITY SUPPORT BOY SCOUTS OF CAPE COD AND ISLANDS COUNCIL 7,500
    BOYS AND GIRLS CLUB OF CAPE COD
    31 FRANK E HICKS DRIVE
    MASHPEE,MA02649     		NONE PUBLIC CHARITY SUPPORT ORGANIZATIONS EFFORTS TO PROVIDE A SAFE PLACE TO INSPIRE AND ENABLE YOUNG PEOPLE TO REALIZE THEIR FULL POTENTIAL 10,000
    CAHOON MUSEUM OF AMERICAN ART
    4676 FALMOUTH ROAD
    COTUIT,MA02635     		NONE PUBLIC CHARITY PROMOTE EFFORTS TO USE AMERICAN ART TO EXPAND KNOWLWDGE AND EXPAND THE SPIRIT 10,000
    CALMER CHOICE
    23 WHITES PATH
    SOUTH YARMOUTH,MA02664     		NONE PUBLIC CHARITY SUPPORT SECULAR MINDFULNESS TO PROMOTE POSITIVE CHANGE IN SCHOOL CLIMATES 20,000
    CAPE ARTS & ENTERTAINMENT
    60 HIGHFIELD DRIVE
    FALMOUTH,MA02540     		NONE PUBLIC CHARITY SUPPORT FOR THE ORGANIZATIONS EFFORTS TOWARDS ARTS AND ENTERTANIMENT ON CAPE COD 25,000
    CAPE COD ART ASSOCIATION
    396 MAIN STREET
    HYANNIS,MA02601     		NONE PUBLIC CHARITY SUPPORT FOR THE ARTS ON CAPE COD 25,000
    CAPE COD CHILDREN'S PLACE INC
    10 BALLWIC ROAD
    NORTH EASTHAM,MA02651     		NONE PUBLIC CHARITY SUPPORT FOR CHILD AND FAMILY PROGRAMS EDUCATIONAL AND ADVOCACY PROGRAMS 5,000
    CAPE COD COMMERCIAL HOOK FISHERMAN ASSOC
    1566 MAIN STREET
    CHATHAM,MA02633     		NONE PUBLIC CHARITY SUPPORT FOR THE OUTREACH PROJECT 9,000
    CAPE COD COMMUNITY COLLEGE
    2240 IYANNOUGH ROAD
    WEST BARNSTABLE,MA02668     		NONE PUBLIC CHARITY SUPPORT FOR NURSING AND ALLIED HEALTH PROGRAM 75,000
    CAPE COD FOUNDATION
    259 WILLOW STREET 5
    YARMOUTHPORT,MA02675     		NONE PUBLIC CHARITY SUPPORT FOR ORGANIZATIONS ACTIVITIES AND INP PROGRAM 25,000
    CAPE COD HEALTH CARE FOUNDATION
    32 MAIN STREET
    HYANNIS,MA02601     		NONE PUBLIC CHARITY SUPPORT FOR PROVIDING SUPPORT TO HEALTHCARE ORGANIZATIONS ON CAPE COD 252,050
    CAPE COD MUSEUM OF NATURAL HISTORY
    869 MAIN STREET
    BREWSTER,MA02631     		NONE PUBLIC CHARITY SUPPORT ORGANIZATION'S EFFORTS TOWARDS UNDERSTANDING THE ENVIRONMENT AND WILDLIFE 50,000
    CAPE COD SYMPHPONY AND CONSERVANCY
    1060 FALMOUTH ROAD
    HYANNIS,MA02601     		NONE PUBLIC CHARITY SUPPORT ORGANIZATIONS EFFORTS TOWARDS SUPPORTING THE ARTS ON CAPE COD 2,000
    CAPE COD TIMES NEEDY FUND
    PO BOX 36
    HYANNIS,MA02601     		NONE PUBLIC CHARITY SUPPORT FOR THE ORGANIZATION'S EFFORTS TO PROVIDE RESOURCES FOR NEEDY CAPE COD RESIDNETS 10,000
    CAPE KID MEALS
    280 RTE 130
    FORESTDALE,MA02644     		NONE PUBLIC CHARITY SUPPORT FOR ORGANIZATIONS EFFORTS TO PROVIDE WEEKEND FOOD FOR NEEDY SCHOOL AGED CHILDREN 7,500
    CHARLES RIVER WATERSHED ASSOCIATION
    190 PARK ROAD
    WESTON,MA02493     		NONE PUBLIC CHARITY SUPPORT FOR RESTORATION AND PRESERVATION OF THE CHARLES RIVER AND ITS WATERSHED THROUGH SCIENCE AND ADVOCACY 24,000
    CHILDREN'S HOSPITAL BOSTON
    300 LONGWOOD AVENUE
    BOSTON,MA02115     		NONE PUBLIC CHARITY SUPPORT FOR THE CAROLINE BASS FUND 5,000
    COMPACT OF CAPE COD CONSERVATION TRUST
    PO BOX 443
    BARNSTABLE,MA02630     		NONE PUBLIC CHARITY SUPPORT ORGANIZATION'S EFFORTS TO PROTECT OPEN SPACE ON CAPE COD 7,500
    COTUIT CENTER FOR THE ARTS
    4404 FALMOUTH ROAD
    COTUIT,MA02635     		NONE PUBLIC CHARITY SUPPORT MISSION TO BRING TOGETHER ARTISTS AND AUDIENCES IN A NURTURING EXPERIENCE 40,000
    CULTURAL CENTER OF CAPE COD
    307 OLD MAIN STREET
    SOUTH YARMOUTH,MA02664     		NONE PUBLIC CHARITY SUPPORT FOR DEVELOPMENT OF VISUAL, LITERARY AND PERFORMING ARTS ON CAPE COD 13,900
    CYSTIC FIBROSIS FOUNDATION
    220 NORTH MAIN STREET
    NATICK,MA01760     		NONE PUBLIC CHARITY SUPPORT FOR RESEARCH BY THE CYSTIC FIBROSIS FOUNDATION 15,000
    FALMOUTH ART CENTER
    137 GIFFORD STREET
    FALMOUTH,MA02540     		NONE PUBLIC CHARITY SUPPORT FOR VISUAL ARTS. EDUCATIONAL EXPERIENCES AND EXHIBITION OPPORTUNITIES ON CAPE CODSUPPORT FOR PLACE TO CREATE ART AND DEVELOP ART SKILLS 2,500
    FALMOUTH HISTORICAL SOCIETY
    PO BOX 174
    FALMOUTH,MA02541     		NONE PUBLIC CHARITY SUPPORT ONGOING EFFORTS TO SHARE THE HISTORY AND CULTURE OF FALMOUTH 10,000
    FAMILY PANTRY CORP
    133 QUEEN ANNE ROAD
    HARWICH,MA02645     		NONE PUBLIC CHARITY SUPPORT FOR PROVIDING FOOD TO THE NEEDY OF CAPE COD 25,000
    FINE ARTS WORK CENTER OF PROVINCETOWN
    24 PEARL STREET
    PROVINCETOWN,MA02657     		NONE PUBLIC CHARITY SUPPORT FOR GROWTH AND DEVELOPMENT OF EMERGING VISUAL ARTISTS AND WRITERS 25,000
    GOSNOLD ON CAPE COD
    200 TER HEUN DRIVE
    FALMOUTH,MA02540     		NONE PUBLIC CHARITY SUPPORT FOR ORGANIZATIONS ADDICTION AND MENTAL HEALTH TREATMENTS 2,000
    GREATER BOSTON FOOD BANK
    70 SOUTH BAY AVE
    BOSTON,MA02118     		NONE PUBLIC CHARITY SUPPORT EFFORTS TO PROVIDE FOOD FOR THOSE IN NEED 10,000
    HIBISCUS CHILDREN'S CENTER
    PO BOX 1406
    JENSEN BEACH,FL34958     		NONE PUBLIC CHARITY SUPPORT FOR THE CENTER'S EFFORTS IN HELPING ABUSED, ABANDONED AND NEGLECTED CHILDREN 200
    HISTORICAL SOCIETY OF OLD YARMOUTH
    11 STRAWBERRY LANE
    YARMOUTH,MA02675     		NONE PUBLIC CHARITY SUPPORT FOR ORGANIZATIONS EFFORTS TO PRESERVE THE HISTORY OF OLD YARMOUTH 7,150
    JEWISH FAMILY AND CHILDREN'S SERVICES
    174 PORTLAND STREET
    BOSTON,MA02114     		NONE PUBLIC CHARITY SUPPORT FOR HUMAN SERVICE AND HEALTH CARE PROGRAMS 10,000
    KATELYNN'S CLOSET INC
    45 COMMERCIAL STREET
    SOUTH YARMOUTH,MA02664     		NONE PUBLIC CHARITY SUPPORT FOR PROVIDING CLOTHING TO NEEDY CHILDREN 20,000
    LANDMARK SCHOOL
    429 HALE STREET
    PRIDES CROSSING,MA01965     		NONE PUBLIC CHARITY SUPPORT FOR PROGRAMS AIDING CHILDREN WITH LEARNING DISABILITIES 19,850
    LOWER CAPE OUTREACH COUNCIL
    19 BREWSTER CROSS ROAD
    ORLEANS,MA02653     		NONE PUBLIC CHARITY SUPPORT EFFORTS TO PROVIDE SHORT-TERM EMERGENCY ASSISTANCE TO FAMILIES AND INDIVIDUALS 5,000
    MASSACHUSETTS GENERAL HOSPITAL
    125 NASHUA ST SUITE 540
    BOSTON,MA02114     		NONE PUBLIC CHARITY SUPPORT FOR HOSPITAL'S MEDICAL SERVICES 2,100
    NAVITY PREPARATORY SCHOOL NEW BEDFORD INC
    66 SPRING STREET
    NEW BEDFORD,MA02740     		NONE PUBLIC CHARITY SUPPORT EDUCATIONAL PROGRAMS FOR LOW-INCOME MIDDLESCHOOL BOYS IN THE NEW BEDFORD AREA 5,000
    OSTERVILLE VILLAGE LIBRARY
    43 WIANNO AVENUE
    OSTERVILLE,MA02655     		NONE PUBLIC CHARITY SUPPORT THE LIBRARY'S LEARNING AND KNOWLEDGE EFFORTS 15,000
    OUR LADY OF GUADALUPE MISSION
    16650 US-301
    WIMAUMA,FL33598     		NONE PUBLIC CHARITY SUPPORT THE CHURCH'S RELIGIOUS AND CHARITABLE PROGRAMS 600
    OUR LADY OF VICTORY CHURCH
    230 SOUTH MAIN STREET
    CENTERVILLE,MA02632     		NONE PUBLIC CHARITY SUPPORT THE CHURCH'S RELIGIOUS AND CHARITABLE PROGRAMS 2,300
    OUTER CAPE HEALTH SERVICES
    PO BOX 598
    HARWICH PORT,MA02646     		NONE PUBLIC CHARITY SUPPORT FOR THE ORGANIZATION'S COMMUNITY HEALTHCARE PROGRAMSSUPPORT THE ORGANIZATION'S COMMUNITY HEALH CARE PROGRAMS 7,200
    PERKINS SCHOOL FOR THE BLIND
    175 NORTH BEACON STREET
    WATERTOWN,MA02472     		NONE PUBLIC CHARITY SUPPORT EDUCATIONAL PROGRAMS FOR INDIVIDUALS WITH VISUAL IMPAIRMENTS 91,977
    PHALANTHROPY MASSACHUSETTS INC
    133 FEDERAL STREET
    BOSTON,MA02110     		NONE PUBLIC CHARITY SUPPORT FOR THE ORGANIZATIONS EFFORTS TO CONNECT NONPROFITS WITH NEEDY ORGANIZATIONS 10,000
    PROJECT SAVE
    32 STATION AVENUE
    BROOKLINE,MA02445     		NONE PUBLIC CHARITY SUPPORT FOR ORGANIZATION'S PUPPETRY ARTS PROGRAMS 4,903
    RED CROSS OF CAPE COD
    286 SOUTH STREET
    HYANNIS,MA02601     		NONE PUBLIC CHARITY SUPPORT FOR THE ORGANIZATION'S WORK 5,000
    ST SEBASTIANS CATHOLIC CHURCH
    13071 US 1
    SEBASTIAN,FL32958     		NONE PUBLIC CHARITY SUPPORT FOR THE CHURCH'S RELIGIOUS ENDEAVORS 550
    ST STEPHEN'S ELEMENTARY SCHOOL
    47 NICHOLS AVENUE
    WATERTOWN,MA02472     		NONE PUBLIC CHARITY SUPPORT FOR THE SCHOOL'S EDUCATIONAL PROGRAMS FOR ARMENIAN CHILDREN 5,000
    ST VINCENT DEPAUL FOOD CENTER
    5480 85TH STREET
    VERO BEACH,FL32967     		NONE PUBLIC CHARITY SUPPORT FOR THE FOOD FOR THE NEEDY PROGRAMS 1,000
    THE CAPE COD PLAYHOUSE
    820 MAIN STREET
    DENNIS,MA02638     		NONE PUBLIC CHARITY SUPPORT ORGANIZATION'S EFFORTS TO ENHANCE THEATER AND PERFORMING ARTS ON CAPE COD 2,000
    THE CHILDREN'S ROOM
    1210 MASSACHUSETTS AVE
    ARLINGTON,MA02476     		NONE PUBLIC CHARITY SUPPORT ORGANIZATION'S GRIEF SUPPORT SERVICES 5,000
    THE PHILANTHROPIC INITIATIVE
    75 ARLINGTON STREET
    BOSTON,MA02116     		NONE PUBLIC CHARITY SUPPORT FOR ORGANIZATION'S EFFORTS TO INCREASE IMPACT OF PHILANTHROPIC ENDEAVORS 7,863
    UNITED WAY OF CAPE COD & ISLANDS
    749 MAIN STREET
    HYANNIS,MA02601     		NONE PUBLIC CHARITY SUPPORT LOCAL CHAPTER OF THE UNITED WAY 26,500
    VISITING NURSES OF VERO BEACH
    1110 35 LANE
    VERO BEACH,FL32960     		NONE PUBLIC CHARITY SUPPORT ORGANIZATION'S VNA AND HOSPICE SERVICES 150
    WATERTOWN COMMUNITY FOUNDATION
    PO BOX 334
    WATERTOWN,MA02471     		NONE PUBLIC CHARITY SUPPORT WORK TO BUILD AND SUSTAIN A VIBRANT CLOSE KNIT COMMUNITY 7,500
    WE CAN
    783 RTE 28
    HARWICHPORT,MA02646     		NONE PUBLIC CHARITY SUPPORT ORGANIZATION'S PROGRAMS FOR EMPOWERING WOMEN UNDERGOING CHALLENGING LIFE TRANSITIONS 10,000
    YARMOUTH FOOD PANTRY
    845 MA-28
    SOUTH YARMOUTH,MA02664     		NONE PUBLIC CHARITY SUPPORT FOR PROVIDING FOOD TO THE NEEDY OF CAPE COD 11,460
    Total .................................bullet 3a 1,126,673
    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 ...........     		         
    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 ............     		    18 802,910  
    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 1,279,894 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,279,894
    (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.
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    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 InvestmentsOtherSchedule2
    Name:
    BILEZIKIAN FAMILY FOUNDATION INC
    EIN:
    04-3504021
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VANGUARD TOTAL BOND MKT INDEX AT COST 2,597,282 2,715,314
    VANGUARD 500 INDEX FD ADMIRAL SH AT COST 2,086,688 5,391,142
    WASATCH INTL GROWTH FD AT COST 1,256,043 1,523,473
    VANGUARD FTSE EMERGING MARKETS ETF AT COST 868,386 1,274,050
    VANGUARD FTSE ETF DEVELOPED MARKETS AT COST 3,738,022 5,229,808
    VANGUARD REIT AT COST 862,603 1,432,809
    SPDR S&P 500 ETF AT COST 1,061,426 1,929,174
    BROOKFIELD INFRA PTN LP AT COST 370,160 781,044
    FLEXSHARES UPSTREAM AT COST 5,813 6,139
    VANGUARD TOTAL BOND MKT ETF AT COST 3,732,149 3,689,149
    BROOKFIELD RENEWABLE LP AT COST 340,021 496,300
    RESIDENCES AT 1550 SOLDIERS FIELD ROAD LP AT COST 250,000 250,000
    POWER INNOVATION FUND LP AT COST 372,978 372,978
    TCG OAKLAND PARK LP AT COST 219,112 219,112

    TY 2021 OtherDecreasesSchedule
    Name:
    BILEZIKIAN FAMILY FOUNDATION INC
    EIN:
    04-3504021
    Description Amount
    MISCELLANEOUS BASIS ADJUSTMENT 127,875


    TY 2021 OtherExpensesSchedule
    Name:
    BILEZIKIAN FAMILY FOUNDATION INC
    EIN:
    04-3504021
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 5,851 0   0
    MEMBERSHIPS & DUES 5,860 0   0
    MASSACHUSETTS FORM PC ANNUAL FEE 125 0   0
    PAYROLL PROCESSING FEES 910 0   0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    BILEZIKIAN FAMILY FOUNDATION INC
    EIN:
    04-3504021
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES - LAKE STREET ADVISORS 136,651 136,651   0
    CONSULTING FEES 1,500 0   0


    TY 2021 TaxesSchedule
    Name:
    BILEZIKIAN FAMILY FOUNDATION INC
    EIN:
    04-3504021
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 7,516 0   0
    FORM 990-PF 8,406 0   0
    FOREIGN TAXES PAID 1,167 0   0