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 RICHARD S GLASSER
FAMILY FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)580 E MAIN STREET SUITE 600
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NORFOLK, VA23510
A Employer identification number

54-2061975
B Telephone number (see instructions)

(757) 625-6787
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$7,132,686J 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 7 7 7
4 Dividends and interest from securities... 106,028 106,028 106,028
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 36,942
b Gross sales price for all assets on line 6a 691,078
7 Capital gain net income (from Part IV, line 2)... 228
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 3,044 3,044 3,044
12 Total. Add lines 1 through 11........ 146,021 109,307 109,079
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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 1,250      
c Other professional fees (attach schedule).... Click to see attachment 25,784      
17 Interest............... 1      
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,534      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 33,569 0   0
25 Contributions, gifts, grants paid....... 300,000 300,000
26 Total expenses and disbursements. Add lines 24 and 25 333,569 0   300,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -187,548
b Net investment income (if negative, enter -0-) 109,307
c Adjusted net income (if negative, enter -0-)... 109,079
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......... 1,686,309 356,562 356,562
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,655,186 Click to see attachment2,797,707 6,690,644
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).......... 58,446 Click to see attachment58,124 85,480
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) 3,399,941 3,212,393 7,132,686
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
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........... 3,399,941 3,212,393
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 3,399,941 3,212,393
30 Total liabilities and net assets/fund balances (see instructions). 3,399,941 3,212,393
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
3,399,941
2
Enter amount from Part I, line 27a .....................
2
-187,548
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,212,393
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,212,393
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 228
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 1,519
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,519
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 36
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,555
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletVA
    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 ofbulletMICHAEL A GLASSER Telephone no.bullet (757) 625-6787

    Located atbullet8402 OCEAN FRONT AVEVIRGINIA BEACHVA ZIP+4bullet23451
    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
     
     
    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
    HARA B GLASSER FREI PRESIDENT /
    2.00     		0 0 0
    3200 NE 23RD AVE
    LIGHTHOUSE POINT,FL33064
    MICHAEL A GLASSER SECRETARY /
    2.00     		0 0 0
    8402 OCEAN FRONT AVE
    VIRGINIA BEACH,VA23451
    STEPHEN FREI TREASURER /
    2.00     		0 0 0
    3200 NE 23RD AVE
    LIGHTHOUSE POINT,FL33064
    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  
    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.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    5,984,551
    b
    Average of monthly cash balances.......................
    1b
    435,512
    c
    Fair market value of all other assets (see instructions)................
    1c
    85,480
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,505,543
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    6,505,543
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    97,583
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    6,407,960
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    320,398
    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
    320,398
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    1,519
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,519
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    318,879
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    318,879
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    318,879
    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 7 318,879
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 300,000
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 300,000
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		18,879
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ACHIEVABLE DREAM
    10858 WARWICK BLVD
    SUITE A
    NEWPORT NEWS,VA23601     		  PC DIRECTED TO THE VA BCH ACADEMY 3,600
    AMERICAN DIABETES ASSOCIATION
    PO BOX 7023
    MERRIFIELD,VA22116     		  PC DIABETES RESEARCH 1,000
    AMERICAN FRIENDS OF MAGEN DA
    20 W 36TH ST
    SUITE 1100
    NEW YORK,NY10018     		  PC UNRESTRICTED GIFT 500
    AMERICAN HEART ASSOCIATION
    7272 GREENVILLE AVE
    DALLAS,TX75231     		  PC MEDICAL RESEARCH 1,000
    ANTI-DEFAMATION LEAGUE - FLORIDA
    5295 TOWN CENTER RD
    SUITE 300
    BOCA RATON,FL33486     		  PC UNRESTRICTED GIFT 3,600
    B'NAI TORAH CONGREGATION
    6261 SW 18TH ST
    BOCA RATON,FL33433     		  PC RABBI DAVID ENGLANDER DISCRET. FUND 10,000
    CHILDREN'S HOSPITAL OF THE
    KING'S DAUGHTERS
    PO BOX 2156
    NORFOLK,VA23501     		  PC UNRESTRICTED GIFT 1,000
    CHRISTOPHER NEWPORT UNIVERSITY
    1 AVENUE OF THE ARTS
    NEWPORT NEWS,VA23606     		  PC JEWISH STUDIES ENDOWMENT 25,000
    CHRYLSER MUSEUM OF ART
    ONE MEMORIAL PL
    NORFOLK,VA23510     		  PC UNRESTRICTED GIFT 5,000
    CLEVELAND CLINIC FLORIDA
    2950 CLEVELAND CLINIC BLV
    WESTON,FL33331     		  PC UNRESTRICTED GIFT 1,000
    COMM FOR ACCURACY IN MID EAST REPOR
    PO BOX 35040
    BOSTON,MA02135     		  PC UNRESTRICTED GIFT 1,000
    CS ELITE INC
    3877 CORAL SPRINGS DR
    CORAL SPRINGS,FL33065     		  PC YOUTH HEALTH AND EDUCATION 1,000
    EASTERN VIRGINIA
    MEDICAL SCHOOL FOUNDATION
    PO BOX 5
    NORFOLK,VA23501     		  PC MEDICAL SCHOOL SUPPORT 1,000
    ELIZABETH RIVER PROJECT
    5205 COLLEY AVE
    NORFOLK,VA23508     		    UNRESTRICTED GIFT 5,000
    ELIZABETH RIVER PROJECT
    5205 COLLEY AVE
    NORFOLK,VA23508     		  PC UNRESTRICTED GIFT 5,000
    ELIZABETH RIVER TRAIL FOUNDATION
    101 W MAIN ST
    NORFOLK,VA23510     		  PC TO ENHANCE THE NORFOLK WATERFRONT 1,000
    EMORY UNIVERSITY
    1762 CLIFTON ROAD
    SUITE 1400
    ATLANTA,GA30322     		    JESSICA GLASSER MEMORIAL LECTURE END 5,000
    FRIENDS OF ISRAELI DEFENSE FORCES
    PO BOX 4224
    NEW YORK,NY10163     		  PC UNRESTRICTED GIFT 500
    GOODMAN JEWISH FAMILY SERVICES
    OF BROWARD
    5890 S PINE ISLAND RD
    SUITE 201
    DAVIE,FL33328     		  PC UNRESTRICTED GIFT 1,800
    HILLEL OF BROWARD AND PALM BEACH
    777 GLADES RD
    BOCA RATON,FL33431     		  PC UNRESTRICTED GIFT 3,600
    HOLOCAUST COMMISSION OF
    THE UNITED JEWISH FEDERATION
    500 CORPORATE WOODS DR
    SUITE 200
    VIRGINIA BEACH,VA23462     		  PC UNRESTRICTED GIFT 1,800
    HOLOCOST DOCUMENTATION AND
    EDUCATION CENTER
    303 N FEDERAL HWY
    DANIA BEACH,FL33004     		  PC PROMOTE SHOAH AWARENESS 1,800
    JACKSON HEALTH FOUNDATION
    500 NORTH 12TH AVE
    SUITE 1117
    MIAMI,FL33136     		  PC UNRESTRICTED GIFT 1,700
    JAFCO CHILDRENS FOUNDATION
    4200 N UNIVERSITY DR
    SUNRISE,FL33351     		  PC BEDROOM IN THE CHILDRENS VILLAGE 36,000
    JEWISH COMMUNITY CNTR OF TIDEWATER
    5000 CORPORATE WOODS DR
    VIRGINIA BEACH,VA23462     		  PC FILM FESTIVAL SPONSORSHIP 5,000
    JEWISH FAMILY SERVICES
    OF TIDEWATER
    5000 CORPORATE WOODS DR
    SUITE 400
    VIRGINIA BEACH,VA23462     		  PC UNRESTRICTED GIFT 3,600
    JEWISH FEDERATION OF BROWARD COUNTY
    5890 S PINE ISLAND RD
    DAVIE,FL33328     		  PC THE CUPBOARD KOSHER FOOD BANK 9,000
    JOE DIMAGGIO CHILDREN'S
    HOSPITAL FOUNDATION
    1005 JOE DIMAGGIO DR
    HOLLYWOOD,FL33021     		  PC UNRESTRICTED GIFT 1,000
    LD BRITT MD SCHOLARSHIP FUND
    PO BOX 11087
    NORFOLK,VA23507     		  PC SCHOLARSHIP FUND 1,000
    LUPUS FOUNDATION OF AMERICA
    2121 K STREET NW
    SUITE 200
    WASHINGTON,DC20037     		  PC UNRESTRICTED GIFT 1,000
    MYOTONIC DISTRAPHY FOUNDATION
    663 THIRTEENTH ST
    SUITE 100
    OAKLAND,CA94612     		  PC UNRESTRICTED GIFT 1,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    SOUTH FLORIDA CHAPTER
    3125 W COMMERCIAL BLVD
    SUITE 100
    FORT LAUDERDALE,FL33309     		  PC MEDICAL RESEARCH 2,000
    NATIONAL PUBLIC RADIO
    5200 HAMPTON BLVD
    NORFOLK,VA23508     		  PC UNRESTRICTED GIFT 1,000
    NORFOLK ACADEMY
    1585 WESLYAN DRIVE
    NORFOLK,VA23502     		  PC JESSICA RACHEL GLASSER MEM FUND 10,000
    NORFOLK ACADEMY
    1585 WESLYAN DRIVE
    NORFOLK,VA23502     		  PC VA ART FESTIVAL 10,000
    NORTH AMERICAN FED OF TEMPLE YOUTH
    1580 SPALDING DR
    SANDY SPRINGS,GA30350     		    YOUTH GROUP PROGRAMS 3,600
    OHEF SHOLOM TEMPLE
    530 RALEIGH AVE
    NORFOLK,VA23507     		  PC UNRESTRICTED GIFT 3,600
    OLD DOMININION UNIV HILLEL
    2024 BATTEN ARTS LETTER
    NORFOLK,VA23529     		  PC UNRESTRICTED GIFT 1,000
    PINE CREST SCHOOL
    1501 NE 62ND ST
    FT LAUDERDALE,FL33334     		  PC ANNUAL FUND 4,000
    PJ LIBRARY
    5890 S PINE ISLAND RD
    DAVIE,FL33328     		  PC UNRESTRICTED GIFT 1,000
    PJ OUR WAY
    5890 S PINE ISLAND RD
    DAVIE,FL33328     		  PC UNRESTRICTED GIFT 1,000
    RUTTER FAMILY ART FOUNDATION
    759 GRANBY ST
    NORFOLK,VA23510     		  PC UNRESTRICTED GIFT 1,000
    STRELITZ INTERNATIONAL ACADEMY
    5000 CORPORATE WOODS DR
    VIRGINIA BEACH,VA23462     		  PC UNRESTRICTED GIFT 5,000
    SUSAN G KOMEN
    13770 NOEL RD
    SUITE 801889
    DALLAS,TX75380     		  PC BREAST CANCER RESEARCH 1,000
    TEMPLE SINAI OF NORTH DADE
    18801 NE 22ND AVE
    MIAMI,FL33180     		  PC UNRESTRICTED GIFT 1,800
    THE CHARITY GUILD OF
    FORT LAUDERDALE
    PO BOX 39555
    FORT LAUDERDALE,FL33339     		  PC UNRESTRICTED GIFT 1,000
    THE CHILDHOOD CANCER PROJECT
    1835 E HALLANDALE BEACH
    HALLANDALE,FL33009     		  PC CHILDHOOD CANCER RESEARCH 5,000
    UNITED JEWISH FED OF TIDEWATER
    5000 CORPORATE WOODS DR
    SUITE 200
    VIRGINIA BEACH,VA23462     		    UNRESTRICTED GIFT 20,000
    UNITED WAY
    1300 S ANDREWS AVE 1
    FORT LAUDERDALE,FL33316     		  PC TOCQUEVILLE CONTRIBUTION 25,000
    UNITED WAY OF SOUTH HAMPTON ROADS
    2515 WALMER AVE
    NORFOLK,VA23513     		  PC ALEXIS DE TOCQUEVILLE SOCIETY 30,000
    UNIVERSITY OF VIRGINIA CHABAD
    2014 LEWIS MOUNTAIN RD
    CHARLOTTESVILLE,VA22903     		  PC UNRESTRICTED GIFT 5,000
    UNIVERSITY OF VIRGINIA HILLEL
    1824 UNIVERSITY CIRCLE
    CHARLOTTESVILLE,VA22903     		  PC BRODY JEWISH CENTER 10,000
    UNIVERSITY OF VIRGINIA LAW SCHOOL
    580 MASSIE RD
    CHARLOTTESVILLE,VA22903     		  PC UNRESTRICTED GIFT 10,000
    VA BEACH VOLUNTEER RESQUE SQUAD
    740 VIRGINIA BEACH BLVD
    VIRGINIA BEACH,VA23451     		  PC UNRESTRICTED GIFT 1,500
    VIRGINIA LAW FOUNDATION
    105 WHITEWOOD RD
    CHARLOTTESVILLE,VA22901     		  PC UNRESTRICTED GIFT 500
    VIRGINIA MUSEUM OF CONTEMPORARY ART
    2200 PARKS AVE
    VIRGINIA BEACH,VA23451     		  PC UNRESTRICTED GIFT 3,000
    VIRGINIA POVERTY AND LAW CENTER
    919 E MAIN ST
    SUITE 610
    RICHMOND,VA23219     		  PC INDIGENT LEGAL SERVICE 1,000
    WHRO PUBLIC MEDIA
    5200 HAMPTON BLVD
    NORFOLK,VA23508     		  PC UNRESTRICTED GIFT 2,500
    Total .................................bullet 3a 300,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 7  
    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 ............     		    14 228 36,714
    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) ..   109,307 36,714
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    146,021
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    THE RICHARD S GLASSER
     
    FAMILY FOUNDATION
    EIN:
    54-2061975
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION 1,250      

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

    TY 2021 GainLossSaleOtherAssetsSch
    Name:
    THE RICHARD S GLASSER
     
    FAMILY FOUNDATION
    EIN:
    54-2061975
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    16.2 KYNDRYL HOLDINGS 2020-12 PURCHASE 2021-11   340 423     -83  
    SPDR - CIL 2021-02 PURCHASE 2021-02   341       341  
    .894 TELEDYNE TECH 2020-12 PURCHASE 2021-05   349 376     -27  
    18.8 ORION OFFICE REIT 2021-11 PURCHASE 2021-11   391 388     3  
    40.6 ORGANON & CO. 2020-12 PURCHASE 2021-06   1,149 1,559     -410  
    12 UNION PACIFIC 2021-04 PURCHASE 2021-12   2,939 2,669     270  
    14 HONEWELL 2020-12 PURCHASE 2021-04   3,124 2,921     203  
    10 PARKER HANNIFIN 2020-12 PURCHASE 2021-04   3,192 2,664     528  
    19 SITEONE LANDSCAPE 2020-12 PURCHASE 2021-06   3,209 3,017     192  
    14 LOWES 2020-12 PURCHASE 2021-12   3,225 2,253     972  
    15 AMERIPRISE FINANCIAL 2020-12 PURCHASE 2021-10   4,476 3,406     1,070  
    8 ADOBE 2020-12 PURCHASE 2021-08   4,952 4,020     932  
    86 COCA COLA 2020-12 PURCHASE 2021-12   5,034 4,695     339  
    9 O REILLY AUTOMOTIVE 2020-12 PURCHASE 2021-12   5,648 4,084     1,564  
    11 HOME DEPOT 2020-12 PURCHASE 2021-09   3,615 2,938     677  
    25 DANAHER CORP 2020-12 PURCHASE 2021-08   6,577 5,609     968  
    25 AMERICAN TOWER 2020-12 PURCHASE 2021-10   6,678 5,528     1,150  
    17 MSCI INC 2020-12 PURCHASE 2021-03   7,047 7,427     -380  
    73 PHILIP MORRIS 2020-12 PURCHASE 2021-09   7,213 5,983     1,230  
    291 FLIR SYSTEMS 2020-12 PURCHASE 2021-05   8,148 4,103     4,045  
    149 MONDELEZ INTL 2020-12 PURCHASE 2021-02   8,301 8,739     -438  
    42 CROWN CASTLE 2020-12 PURCHASE 2021-06   8,307 6,517     1,790  
    103 MERCK & CO. 2020-12 PURCHASE 2021-10   8,461 7,974     487  
    72 EATON CORP 2020-12 PURCHASE 2021-01   9,012 8,557     455  
    5 ALPHABET 2020-12 PURCHASE 2021-03   9,602 8,813     789  
    84 TERADYNE INC 2020-12 PURCHASE 2021-03   9,973 10,073     -100  
    183 BRISTOL MYERS SQUIBB 2020-12 PURCHASE 2021-02   11,577 11,274     303  
    110 JP MORGAN CHASE 2020-12 PURCHASE 2021-03   12,690 10,667     2,023  
    38 META PLATFORMS INC 2020-12 PURCHASE 2021-09   12,911 10,572     2,339  
    110 IBM 2020-12 PURCHASE 2021-08   13,869 13,311     558  
    29 TERMO FISHER 2020-12 PURCHASE 2021-08   14,412 13,459     953  
    264 COMCAST 2020-12 PURCHASE 2021-06   14,998 13,570     1,428  
    715 REGIONS FINANCIAL 2020-12 PURCHASE 2021-11   15,605 11,347     4,258  
    143 MEDTRONIC 2020-12 PURCHASE 2021-12   16,091 16,588     -497  
    94 PEPSICO 2020-12 PURCHASE 2021-12   16,121 13,867     2,254  
    574 AT&T 2020-12 PURCHASE 2021-06   16,657 16,398     259  
    51 UNITED HEALTH GROUP 2020-12 PURCHASE 2021-06   19,412 17,690     1,722  
    112 PNC FINANCIAL 2020-12 PURCHASE 2021-05   20,833 16,386     4,447  
    68 ACCENTURE 2020-12 PURCHASE 2021-08   21,381 17,326     4,055  
    246 CDN IMPERIAL BK 2020-12 PURCHASE 2021-11   27,939 21,170     6,769  
    123 DOCUSIGN 2020-12 PURCHASE 2021-01   28,632 28,073     559  
    543 CISCO SYS 2020-12 PURCHASE 2021-11   29,853 24,280     5,573  
    616 PFIZER INC 2020-12 PURCHASE 2021-12   31,130 22,851     8,279  
    385 DOLLAR TREE 2001-03 PURCHASE 2021-11   50,190 2,374     47,816  
    6 ALPS CORP 2001-01 PURCHASE 2021-10   185,246 258,197     -72,951  

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE RICHARD S GLASSER
     
    FAMILY FOUNDATION
    EIN:
    54-2061975
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M 11,379 11,546
    ABBOTT LABS 15,441 19,141
    ABBVIE 36,041 46,171
    ACCENTURE    
    ADOBE 15,075 17,012
    ALLEGION 17,375 20,131
    ALPHABET (A) 39,710 63,735
    ALPHABET (A) 5,768 72,426
    ALPHABET (C) 110,949 361,699
    AMAZON 66,366 66,687
    AMER ELECTRIC POWER 21,991 23,933
    AMERICAN TOWER 9,066 11,992
    AMERIPRISE 11,354 18,100
    AMGEN 14,425 247,467
    AMGEN 18,987 19,347
    ANSYS 14,956 16,446
    APPLE 16,700 497,196
    APPLE 40,391 52,383
    APPLIED MATERIALS 12,785 16,365
    ASPEN TECHNOLOGY 15,714 18,264
    AT&T 15,222 13,112
    BANK OF AMERICA 845 845
    BANK OF AMERICA 61,755 180,318
    BCE INC 26,679 32,161
    BENTLEY SYSTEMS 16,858 20,879
    BERKLEY W R 19,603 24,387
    BERKSHIRE HATHAWAY 22,268 74,750
    BLACKSTONE GROUP (A) 73,612 388,170
    BOOKING HLDGS 9,008 9,597
    BOSTON SCIENTIFIC 12,819 13,721
    BRIGHT HORIZONS FAMILY SOLUTIONS 19,958 15,106
    BRISTOL MYERS SQUIBB 13,490 13,779
    BRITISH AMER TOBACCO 39,581 39,243
    CDN IMPERIAL 12,654 17,018
    CDW 19,131 30,103
    CHARLES RIVER LABS 25,224 38,432
    CHARTER COMMUNICATIONS 1,747 46,290
    CHEMED CORP 16,960 16,929
    CHEVRON 37,449 234,817
    CHEVRON 31,381 42,129
    COCA COLA 8,266 9,000
    COMCAST    
    CONAGRA BRANDS 9,315 9,255
    COOPER COMPANIES 22,885 26,812
    COPART INC 21,852 25,927
    COSTCO 10,175 15,328
    CROWN CASTLE 22,598 29,224
    CSX CORP 7,958 451,200
    DANAHER 7,179 10,528
    DIGITAL REALTY TRUST 8,118 11,143
    DOLLAR GENERAL 10,524 11,791
    DOLLAR TREE 3,792 86,420
    DOMINION ENERGY 21,228 22,311
    DUCK CREEK TECH 14,433 9,123
    DUKE ENERGY 24,037 27,694
    ELANCO ANIMAL HEALTH 15,407 14,417
    ENBRIDGE 24,989 29,740
    EQUIFAX 18,967 28,986
    EXPONENT 11,459 14,941
    EXXON MOBIL 26,618 38,305
    FACEBOOK    
    FIAR ISAAC 13,259 11,275
    FIDELITY NATIONAL 17,518 14,080
    GENL MILLS 13,998 16,036
    GILEAD SCIENCES 26,945 34,417
    HENRY JACK & ASSOC 12,729 13,359
    HOME DEPOT 14,754 21,581
    HONEYWELL 9,389 9,383
    HUNTINGTON BANC SHARES 17,673 21,696
    INTERACTIVE BROKERS 17,478 22,714
    INTERCONTINENTAL EXCHANGE GROUP 9,744 11,762
    KIMBERLY CLARK 15,288 16,150
    LAUDER ESTEE 6,376 8,885
    LENNOX INTL 17,476 20,759
    LOCKHEED MARTIN 9,122 9,596
    LOWES 13,409 20,420
    LPL FINL 18,865 22,573
    MEDTRONIC    
    MERCK & CO. 30,981 31,269
    META PLATFORMS 33,072 40,026
    MICROSOFT 57,640 336,320
    MICROSOFT 69,357 100,560
    MONDELEZ    
    MSCI INC 23,154 32,473
    NATIONAL GRID 21,589 26,397
    NIKE 8,776 10,000
    NORDSON 20,926 26,803
    NORFOLK SOUTHERN 35,388 445,374
    O REILLY AUTOMOTIVE 11,652 18,362
    PARKER HANNIFIN 14,295 16,542
    PEPSICO 7,543 8,859
    PFIZER 11,334 17,656
    PHILIP MORRIS 29,898 34,580
    POOL 25,724 39,620
    PPL CORP 12,706 13,858
    PUBLIC SERVICE ENTERPRISE 8,280 9,609
    REALTY INCOME CORP 12,974 13,459
    REGIONS FINANCIAL 7,516 9,156
    ROCKWELL AUTOMATION 5,693 8,024
    ROLLINS 13,780 12,213
    ROYAL DUTCH SHELL 236 130
    S&P GLOBAL 6,442 8,023
    SALSEFORCE.COM 16,967 19,314
    SCHLUMBERGER LTD 107,135 89,850
    SCOTTS MIRACLE GRO 39,735 32,683
    SHERWIN WILLIAMS 10,284 14,791
    SITEONE LANDSCAPE 24,936 38,038
    SOUTHERN CO 27,246 30,724
    TC ENERGY 12,835 14,753
    TELEDYNE TECH 8,410 8,738
    TERADYNE 25,662 34,995
    TESLA 9,815 264,195
    TEXAS INSTRUMENTS 14,537 15,266
    THERMO FISHER 6,497 9,341
    THOR INDUSTRIES 21,600 23,037
    TJX COS 21,497 23,839
    TOTALENERGIES 8,745 8,804
    TOWNEBANK 87,129 159,372
    TRUIST 139,441 362,190
    TRUIST FINL 14,760 15,984
    UNILEVER PLC 33,655 30,499
    UNION PACIFIC 17,512 19,902
    UNITEDHEALTH 11,100 16,068
    US BANCORP 16,274 17,020
    VERIZON COMM 32,290 28,786
    VISA 28,671 29,256
    VODAFONE GROUP 25,660 22,992
    WALGREENS BOOTS 9,067 9,545
    WALMART 14,334 28,938
    WILLIAMS COS 19,537 19,113
    ZEBRA TECH 28,880 44,640
    ALPS CORP    

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE RICHARD S GLASSER
     
    FAMILY FOUNDATION
    EIN:
    54-2061975
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SPDR GOLD SHARES ETF AT COST 58,124 85,480

    TY 2021 OtherIncomeSchedule2
    Name:
    THE RICHARD S GLASSER
     
    FAMILY FOUNDATION
    EIN:
    54-2061975
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    UBS 6765 NON DIV DISTRIBUTION 1,244 1,244 1,244
    UBS 4174 NON DIV DISTRIBUTION 1,800 1,800 1,800


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE RICHARD S GLASSER
     
    FAMILY FOUNDATION
    EIN:
    54-2061975
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FINANCIAL MGMT FEE UBS 6752 6,693      
    FINANCIAL MGMT FEE UBS 6765 8,387      
    FINANCIAL MGMT FEE UBS 4174 4,030      
    FINANCIAL MGMT FEE UBS 6781 6,674      


    TY 2021 TaxesSchedule
    Name:
    THE RICHARD S GLASSER
     
    FAMILY FOUNDATION
    EIN:
    54-2061975
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX UBS 6765 1,285      
    FOREIGN TAX UBS 4174 1      
    IRS UBS 4174 5,248