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 Louis & Harold Price Foundation
 
% THE FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)100 Woodbridge Center Drive
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Woodbridge, NJ070951191
A Employer identification number

13-6121358
B Telephone number (see instructions)

(213) 330-8571
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$119,257,402J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 104,893 104,893  
4 Dividends and interest from securities... 1,104,914 1,104,914  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,333,979
b Gross sales price for all assets on line 6a 13,360,983
7 Capital gain net income (from Part IV, line 2)... 1,333,979
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 165,405 165,405  
12 Total. Add lines 1 through 11........ 2,709,191 2,709,191  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 34,917 3,492 0 31,425
b Accounting fees (attach schedule)....... Click to see attachment 8,750 875 0 7,875
c Other professional fees (attach schedule).... Click to see attachment 516,555 330,899   185,657
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 145,065 2,209    
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 151,544 148,698   2,846
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 856,831 486,173 0 227,803
25 Contributions, gifts, grants paid....... 3,785,350 3,785,350
26 Total expenses and disbursements. Add lines 24 and 25 4,642,181 486,173 0 4,013,153
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,932,990
b Net investment income (if negative, enter -0-) 2,223,018
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............. 5,775 5,775 5,775
2 Savings and temporary cash investments......... 888,733 1,978,106 1,978,106
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) 13,278,579 Click to see attachment10,294,610 10,319,929
b Investments—corporate stock (attach schedule)....... 51,858,271 Click to see attachment52,720,629 89,535,993
c Investments—corporate bonds (attach schedule)....... 4,879,399 Click to see attachment5,456,088 5,417,599
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,645,784 Click to see attachment5,615,994 12,000,000
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) 77,556,541 76,071,202 119,257,402
Liabilities 17 Accounts payable and accrued expenses.......... 10,806  
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)......... 10,806 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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 77,545,735 76,071,202
29 Total net assets or fund balances (see instructions)..... 77,545,735 76,071,202
30 Total liabilities and net assets/fund balances (see instructions). 77,556,541 76,071,202
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
77,545,735
2
Enter amount from Part I, line 27a .....................
2
-1,932,990
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
459,534
4
Add lines 1, 2, and 3 ..........................
4
76,072,279
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,077
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
76,071,202
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 MARKETABLE SECURITIES P    
b PFIC LTCG P    
c FROM PASS-THRU ENTITIES P    
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 12,007,457   12,027,004 -19,547
b 11,292     11,292
c 1,342,234     1,342,234
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       -19,547
b       11,292
c       1,342,234
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 1,333,979
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 30,900
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 30,900
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 50,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 60,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 247
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 28,853
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet28,853 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.PRICEFOUNDATION.ORG
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (732) 694-5413

    Located atbullet100 WOODBRIDGE CENTER DRIVEWOODBRIDGENJ ZIP+4bullet070951191
    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
     
    No
    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
    AL OSBORNE JR PHD TRUSTEE
    0     		0 0 0
    10250 CONSTELLATION BLVD
    LOS ANGELES,CA90067
    BONNIE VITTI PRESIDENT & TRUSTEE
    0     		0 0 0
    10250 CONSTELLATION BLVD
    LOS ANGELES,CA90067
    GEORGE ASCH TRUSTEE
    0     		0 0 0
    10250 CONSTELLATION BLVD
    LOS ANGELES,CA90067
    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
     
    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
    BESSEMER TRUST INV ADVISORY/Mgmt 448,148
    100 WOODBRIDGE CENTER DRIVE
    WOODBRIDGE,NJ070951191
    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  
    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
    80,627,398
    b
    Average of monthly cash balances.......................
    1b
    1,624,164
    c
    Fair market value of all other assets (see instructions)................
    1c
    9,814,583
    d
    Total (add lines 1a, b, and c).........................
    1d
    92,066,145
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    92,066,145
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,380,992
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    90,685,153
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    4,534,258
    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
    4,534,258
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    30,900
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    30,900
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,503,358
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,503,358
    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
    4,503,358
    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 4,503,358
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 3,853,587
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020...... 0
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 4,013,153
    a Applied to 2020, but not more than line 2a 3,853,587
    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..... 159,566
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    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 ..........     		4,343,792
    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 ......     		0
    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.... 0
    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
    ACCESS AFTERSCHOOL
    PO BOX 819
    CARBONDALE,CO81623     		NONE PC GENERAL OPERATING SUPPORT 10,000
    AIDS PROJECT LOS ANGELES
    611 S KINGSLEY DRIVE
    LOS ANGELES,CA90005     		NONE PC GENERAL OPERATING SUPPORT 2,000
    AMERICAN FRIENDS OF SHAARE ZEDEK MEDICAL
    55 W 39th St Fl 4
    NEW YORK,NY10018     		NONE PC GENERAL OPERATING SUPPORT 5,000
    ANTI-DEFAMATION LEAGUE PACIFIC SOUTHWEST
    10495 SANTA MONICA BLVD
    LOS ANGELES,CA90025     		NONE PC GENERAL OPERATING SUPPORT 10,000
    ASPEN HALL OF FAME
    PO BOX 510
    ASPEN,CO81612     		NONE PC GENERAL OPERATING SUPPORT 2,000
    ASPEN HISTORICAL SOCIETY
    620 W BLEEKER STREET
    ASPEN,CO81611     		NONE PC GENERAL OPERATING SUPPORT 5,000
    ASPEN HOMELESS SHELTER
    405 CASTLE CREEK ROAD
    SUITE 16
    ASPEN,CO81611     		NONE PC GENERAL OPERATING SUPPORT 10,000
    ASPEN MUSIC FESTIVAL & SCHOOL
    225 MUSIC SCHOOL ROAD
    ASPEN,CO81611     		NONE PC GENERAL OPERATING SUPPORT 71,700
    ASPEN VALLEY SKI-SNOWBOARD CLUB INC
    300 AVSC DRIVE
    ASPEN,CO81611     		NONE PC General operating support 10,000
    ASPEN YOUTH CENTER
    PO BOX 8266
    ASPEN,CO81612     		NONE PC General operating support 10,000
    AVENUES TO INDEPENDENCE
    PO BOX 12675
    DENVER,CO80212     		NONE PC GENERAL OPERATING SUPPORT 150,000
    BESSIE'S HOPE
    1761 N Ogden St
    DENVER,CO80218     		NONE PC General Operating Support 5,000
    BRIDGING BIONICS FOUNDATION
    PO BOX 3767
    BASALT,CO81621     		NONE PC GENERAL OPERATING SUPPORT 20,000
    CARNEGIE HALL CORPORATION
    881 SEVENTH AVE
    NEW YORK,NY10019     		NONE PC GENERAL OPERATING SUPPORT 5,000
    CEDARS-SINAI MEDICAL CENTER
    8700 BEVERLY BLVD
    SUITE 2416
    LOS ANGELES,CA900480750     		NONE PC General operating support 40,000
    CENTER THEATRE GROUP
    601 W TEMPLE ST
    LOS ANGELES,CA90012     		NONE PC General operating support 210,000
    CYSTIC FIBROSIS CANADA
    2323 YONGE STREET SUITE 800
    TORONTO,ONTARIOM4P 2C9
    CA     		NONE PC GENERAL OPERATING SUPPORT 10,000
    DE TOLEDO HIGH SCHOOL
    22622 VANOWEN STREET
    WEST HILLS,CA91307     		NONE PC GENERAL OPERATING SUPPORT 20,000
    ENGLISH IN ACTION
    PO BOX 4856
    BASALT,CO81621     		NONE PC GENERAL OPERATING SUPPORT 10,000
    ETHICAL CULTURE FIELDSTON SCHOOL
    33 CENTRAL PARK WEST
    NEW YORK,NY10023     		NONE PC General operating support 5,000
    FEEDING AMERICA
    161 NORTH CLARK STREET
    SUITE 700
    CHICAGO,IL60601     		NONE PC GENERAL OPERATING SUPPORT 120,000
    FOOD BANK FOR NEW YORK CITY
    39 BROADWAY 10TH FLOOR
    NEW YORK,NY10006     		NONE PC GENERAL OPERATING SUPPORT 40,000
    FOOD BANK OF THE ROCKIES
    10700 E 45TH AVENUE
    DENVER,CO80329     		NONE PC GENERAL OPERATING SUPPORT 30,000
    FRESH START SURGICAL GIFTS
    2011 PALOMAR AIRPORT ROAD
    SUITE 206
    CARLSBAD,CA92011     		NONE PC General operating support 20,000
    HARVARD-WESTLAKE SCHOOL
    700 N FARING ROAD
    LOS ANGELES,CA90077     		NONE PC GENERAL OPERATING SUPPORT 6,000
    HENRY STREET SETTLEMENT
    265 HENRY STREET
    NEW YORK,NY10002     		NONE PC General operating support 2,500
    HOPE HOUSE OF COLORADO
    6475 BENTON ST SUITE A
    ARVADA,CO80003     		NONE PC General operating support 15,000
    INDEPENDENCE PASS FOUNDATION
    PO BOX 1700
    ASPEN,CO81612     		NONE PC GENERAL OPERATING SUPPORT 6,000
    INTERCAMBIO DE COMMUNIDADES
    4735 WALNUT ST
    SUITE B
    BOULDER,CO80301     		NONE PC GENERAL OPERATING SUPPORT 3,000
    JEWISH BIG BROTHERS BIG SISTERS OF LA
    11150 W OLYMPIC BLVD
    SUITE 900
    LOS ANGELES,CA90064     		NONE PC GENERAL OPERATING SUPPORT 5,000
    JEWISH FOUNDATION FOR THE RIGHTEOUS
    80 MAIN STREET
    SUITE 380
    WEST ORANGE,NJ07052     		NONE PC GENERAL OPERATING SUPPORT 40,000
    LARADON
    5100 LINCOLN STREET
    DENVER,CO80216     		NONE PC General operating support 15,000
    LENOX HILL HOSPITAL
    100 EAST 77TH STREET
    NEW YORK,NY10075     		NONE PC GENERAL OPERATING SUPPORT 10,000
    LEO BAECK TEMPLE
    1300 NORTH SEPULVEDA BLVD
    LOS ANGELES,CA90049     		NONE PC GENERAL OPERATING SUPPORT 107,500
    LIFT-UP
    41 10TH AVENUE N
    HOPKINS,MN55343     		NONE PC GENERAL OPERATING SUPPORT 5,000
    LINCOLN CENTER FOR THE PERFORMING ARTS
    70 LINCOLN CENTTER PLAZA
    9TH FLOOR
    NEW YORK,NY10023     		NONE PC GENERAL OPERATING SUPPORT 5,000
    LOS ANGELES COUNTY MUSEUM OF ART
    5905 WILSHIRE BOULEVARD
    LOS ANGELES,CA90036     		NONE PC GENERAL OPERATING SUPPORT 10,000
    LOS ANGELES JEWISH HOME FOR THE AGING
    7150 TAMPA AVENUE
    RESEDA,CA91335     		NONE PC GENERAL OPERATING SUPPORT 10,000
    LOS ANGELES OPERA
    135 N GRAND AVE
    LOS ANGELES,CA90012     		NONE PC General operating support 25,000
    LOS ANGELES POLICE MEMORIAL FOUNDATION
    1880 ACADEMY DRIVE
    LOS ANGELES,CA90012     		NONE PC GENERAL OPERATING SUPPORT 5,000
    LOS ANGELES REGIONAL FOODBANK
    1734 EAST 41ST STREET
    LOS ANGELES,CA90058     		NONE PC GENERAL OPERATING SUPPORT 30,000
    MOUNTAIN RESCUE ASPEN INC
    37925 HIGHWAY 82
    ASPEN,CO81611     		NONE PC GENERAL OPERATING SUPPORT 1,000
    NATIONAL CENTER FOR FAMILY PHILANTHROPY
    1667 K STREET NW
    SUITE 550
    WASHINGTON,DC20006     		NONE PC General operating support 1,000
    NATURAL RESOURCES DEFENSE COUNCIL
    40 WEST 20TH STREET
    11TH FLOOR
    NEW YORK,NY10011     		NONE PC GENERAL OPERATING SUPPORT 25,000
    NEW YORK HISTORICAL SOCIETY
    170 CENTRAL PARK WEST
    NEW YORK,NY10024     		NONE PC GENERAL OPERATING SUPPORT 5,000
    NEW YORK PRESBYTERIAN Hospital
    525 E 68TH STREET
    NEW YORK,NY10021     		NONE PC GENERAL OPERATING SUPPORT 10,000
    OAKWOOD SCHOOL
    11600 MAGNOLIA BLVD
    NORTH HOLLYWOOD,CA916013015     		NONE PC GENERAL OPERATING SUPPORT 120,000
    PITKIN COUNTY LIBRARY
    120 N MILL ST
    ASPEN,CO81611     		NONE PC GENERALOPERATING SUPPORT 3,000
    PLANNED PARENTHOOD - ROCKY MOUNTAIN
    7155 E 38TH AVENUE
    DENVER,CO80207     		NONE PC General operating support 5,000
    PLANNED PARENTHOOD LOS ANGELES
    400 WEST 30TH STREET
    LOS ANGELES,CA90007     		NONE PC GENERAL OPERATING SUPPORT 5,000
    PLANNED PARENTHOOD OF NEW YORK CITY
    26 BLEECKER STREET
    6TH FLOOR
    NEW YORK,NY10012     		NONE PC GENERAL OPERATING SUPPORT 5,000
    POPULATION CONNECTION
    2120 L STREET NW
    SUITE 500
    WASHINGTON,DC20037     		NONE PC GENERAL OPERATING SUPPORT 10,000
    REGENTS OF THE UNIVERSITY OF COLORADO
    1800 GRANT ST
    UNIT 800
    DENVER,CO80203     		NONE PC GENERAL OPERATING SUPPORT 100,000
    RESPONSE - HELP FOR BATTERED WOMEN
    405 CASTLE CREEK ROAD
    SUITE 203
    ASPEN,CO81612     		NONE PC GENERAL OPERATING SUPPORT 12,000
    RIVIERA HALL LUTHERAN SCHOOL
    330 PALOS VERDES BLVD
    REDONDO BEACH,CA90277     		NONE PC GENERAL OPERATING SUPPORT 30,000
    ROCKY MOUNTAIN PBS - KRMA CHANNEL 6
    2101 ARAPAHOE STREET
    DENVER,CO80205     		NONE PC GENERAL OPERATING SUPPORT 5,000
    SABAN COMMUNITY CLINIC
    8405 BEVERLY BOULEVARD
    LOS ABGELES,CA900483476     		NONE PC GENERAL OPERATING SUPPORT 25,000
    SACRAMENTO FOOD BANK & FAMILY SERVICES
    3333 THIRD AVENUE
    SACRAMENTO,CA95817     		NONE PC GENERAL OPERATING SUPPORT 40,000
    SAFEHOUSE DENVER INC
    1649 DOWNING STREET
    DENVER,CO80218     		NONE PC GENERAL OPERATING SUPPORT 15,000
    SAFEHOUSE PROGRESSIVE ALLIANCE FOR NONVIO
    835 NORTH STREET
    BOULDER,CO80304     		NONE PC GENERAL OPERATING SUPPORT 5,000
    SCHOOL ON WHEELS
    PO BOX 23371
    VENTURA,CA93002     		NONE PC GENERAL OPERATING SUPPORT 10,000
    SEA SHEPHERD AUSTRALIA LIMITED
    2 ANN STREET PO BOX 1215
    WILLIAMSTOWN,VICTORIA3016
    AS     		NONE PC GENERAL OPERATING SUPPORT 30,000
    SHINING STARS FOUNDATION
    PO BOX 730
    TABERNASH,CO80478     		NONE PC General operating support 5,000
    SOLOMON R GUGGENHEIM FOUNDATION
    345 HUDSON ST
    NEW YORK,NY10014     		NONE PC General Operating Support 10,000
    SOUTHERN POVERTY LAW CENTER
    400 WASHINGTON AVENUE
    MONTGOMERY,AL36104     		NONE PC General Operating Support 50,000
    SWIPE OUT HUNGER
    800 Wilshire Blvd Ste 200
    LOS ANGELES,CA90017     		NONE PC General Operating Support 5,000
    TEMPLE BETH HILLEL
    2164 Ralph Ave
    BROOKLYN,NY11234     		NONE PC General Operating Support 50,000
    THE BUDDY PROGRAM INC
    110 E Hallam St Ste 125
    ASPEN,CO81611     		NONE PC General Operating Support 25,000
    THE COLUMBIA COLLEGE FUND
    1130 Amsterdam Avenue
    NEW YORK,NY10027     		NONE PC General Operating Support 5,000
    THE ISEF FOUNDATION
    520 8th Ave 4th Fl
    NEW YORK,NY10018     		NONE PC General operating support 50,000
    THE PEOPLE CONCERN
    2116 Arlington Ave Ste 100
    LOS ANGELES,CA90018     		NONE PC General operating support 15,000
    THE SALVATION ARMY SOUTHERN CA
    801 W Colton Ave
    REDLANDS,CA92374     		NONE PC General operating support 10,000
    THE UCLA FOUNDATION
    10889 Wilshire Boulevard Suite 110
    LOS ANGELES,CA90024     		NONE PC General operating support 645,000
    UNIVERSITY OF COLORADOGUARDIAN SCHOLARS
    4740 Walnut St
    BOULDER,CO80301     		NONE PC General operating support 20,000
    WORKSHOP IN BUSINESS OPPORTUNITIES
    411 Lafayette St 6th Floor
    NEW YORK,NY10003     		NONE PC General Operating Support 50,000
    American Jewish World Service
    45 West 36th Street 11
    New York,NY100187904     		None PC General operating support 20,000
    Center for Reproductive Rights
    199 Water Street 22nd Floor
    New York,NY10038     		None PC General Operating Support 50,000
    Children's Aid Society
    117 West 124th Street 3rd Floor
    New York,NY10027     		None PC General Operating Support 3,000
    Dog Tag Inc
    3206 Grace St NW
    Washington,DC20007     		None PC General Operating Support 5,000
    Jewish Federation Council of Greater LA
    6505 Wilshire Blvd
    Los Angeles,CA90048     		None PC General operating support 250,000
    MANNA Foodbank
    627 Swannanoa River Road
    Asheville,NC28805     		None PC General operating support 55,000
    Onegeneration
    17400 VICTORY BLVD
    Van Nuys,CA91406     		None PC General operating support 10,000
    Partners in Health
    800 Boylston St Suite 300
    Boston,MA02116     		None PC General Operating Support 5,000
    Second Nurture
    2389 Main St Suite 100
    Glastonbury,CT06033     		None PC General operating support 10,000
    St Francis House
    39 Boylston Street
    Boston,MA02116     		None PC General operating support 5,000
    Stanford University
    655 Knight Way
    Stanford,CA943057298     		None PC General Operating Support 5,000
    Teach for America - Los Angeles
    606 South Olive Street Suite 300
    Los Angeles,CA90014     		None PC General Operating Support 10,000
    The Denver Rescue Mission
    6100 Smith Road
    Denver,CO80216     		None PC General Operating Support 25,000
    The Music Center of Los Angeles County
    135 N Grand Ave
    Los Angeles,CA90012     		None PC General Operating Support 15,000
    The Garry Marshall Theatre
    4252 W Riverside Drive
    Burbank,CA91505     		None PC General Operating Support 15,000
    University of California Irvine Foundation
    100 Theory Ste 250
    Irvine,CA92697     		None PC General Operating Support 5,000
    University of California Los Angeles
    110 Westwood Plaza C305
    Los Angeles,CA90095     		None PC General Operating Support 110,650
    University of Colorado Foundatoin
    1800 Grant St Unit 800
    Denver,CO80203     		None PC General Operating Support 5,000
    University of Washington Foundation
    4333 Brooklyn Ave NE
    Seattle,WA981953200     		NONE PC General Operating Support 14,000
    VNA Hospice and Palliative Care of Southern CA
    412 E Vanderbilt Way
    San Bernardino,CA92408     		None PC General Operating Support 10,000
    Volunteers of America Colorado Branch
    2660 Larimer Street
    Denver,CO90205     		None PC General Operating Support 30,000
    Women Founders Education Foundatin
    741 Iliff Street
    Pacific Palisades,CA90272     		None PC General Operating Support 5,000
    The UCLA Foundation
    10889 Wilshire Boulevard Suite 110
    Los Angeles,CA90024     		None PC General operating support 600,000
    Total .................................bullet 3a 3,785,350
    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 ...........     		         
    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 1,333,979  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aSTATE TAX REFUND     		        1,634
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 58,257 2,649,300 1,634
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,709,191
    (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 Louis & Harold Price Foundation
    EIN:
    13-6121358
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BDO USA LLP 8,750 875   7,875

    TY 2021 ContractorCompensationExpln
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Contractor Explanation
    BESSEMER TRUST INV ADVISORY/MGMT

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

    TY 2021 DepreciationSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS    
    CATERPILLAR FINL SERVICE 75,234 75,165
    ORACLE CORP 70,506 70,276
    BURLINGTON NORTH SANTA FE 71,444 70,748
    CHURCH & DWIGHT CO INC 107,614 106,731
    WILLIAMS COMPANIES INC 108,804 107,280
    NEXTERA ENERGY CAPITAL 110,487 109,772
    FLORIDA POWER & LIGHT CO 80,620 81,529
    AMERICAN HONDA FINANCE 110,082 110,117
    GOLDMAN SACHS GRP INC 57,066 57,185
    TOYOTA MOTOR CREDIT CORP 110,331 111,012
    SAN DIEGO G&E 89,263 88,098
    HCA INC 107,206 107,580
    VALERO ENERGY CORP 110,102 109,887
    QUALCOMM INC 107,959 109,420
    AIR LEASE CORP 109,257 107,812
    GENERAL MOTORS FINL CO 38,119 37,298
    ADOBE INC 107,581 105,828
    MOODY'S CORPORATION 109,399 106,865
    GENERAL MOTORS FINL CO 74,821 73,263
    ROSS STORES INC 110,808 109,485
    ABBVIE INC 108,652 106,272
    PAYPAL HOLDINGS INC 107,118 106,296
    MCDONALD'S CORP 107,343 106,134
    SHERWIN-WILLIAMS CO 77,530 75,570
    CHEVRON USA INC 109,221 107,807
    HP ENTERPRISE CO 107,295 105,426
    CONAGRA BRANDS INC 108,311 104,506
    BANK OF AMERICA CORP 103,283 105,269
    ELECTRONIC ARTS INC 88,261 94,895
    COMCAST CORP 123,465 119,954
    VISA INC 109,231 106,714
    MORGAN STANLEY 165,345 163,308
    SOUTHWEST AIRLINES CO 109,149 108,735
    KIMBBERLY-CLARK CORP 95,279 92,079
    DR HORTON INC 109,670 106,459
    ANTHEM INC 96,217 98,781
    CHARLES SCHWAB CORP 110,634 111,319
    PUBLIC STORAGE 110,023 109,811
    ENERGY TRANSFER PARTNERS 109,455 109,380
    CITIGROUP INC 116,041 124,034
    UNION PACIFIC CORP 89,236 86,435
    BP CAP MARKETS AMERICA 101,767 99,900
    JPMORGAN CHASE & CO 51,477 50,574
    JPMORGAN CHASE & CO 51,064 56,958
    CONSTELLATION BRANDS INC 109,386 105,347
    ROPER TECHNOLOGIES INC 108,591 103,591
    ESTEE LAUDER CO INC 108,824 103,669
    OMNICOM GROUP INC 98,848 105,071
    VERIZON COMMUNICATIONS 95,046 88,969
    NVIDIA CORP 99,559 99,305
    CAPITAL ONE FINANCIAL CO 112,110 109,104
    MITSUBISHI UFJ FIN GRP 70,980 70,350
    CANADIAN IMPERIAL BANK 105,629 104,319
    BANK OF MONTREAL 109,830 108,489
    SHELL INTERNATIONAL FIN 105,515 107,418

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ISHARES TR S&P MIDCAP 400 7,429,851 11,483,423
    ISHARES TR S&P 500 INDEX 41,927,915 72,969,930
    ISHARES S&P SN CAP 600 INDEX 3,362,863 5,082,640

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    US Government Securities - End of Year Book Value:

    10,294,610
    US Government Securities - End of Year Fair Market Value:

    10,319,929
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2021 InvestmentsOtherSchedule2
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CARLYLE REALTY PARTNERS VII,   133,511 12,000,000
    COMMONFUND CAPITAL INT'L PRIVA   240,426  
    COMMONFUND PRIVATE EQUITY PART   113,410  
    COMMONFUND NAT. RES VII   118,461  
    COMMONFUND NAT RES. VIII   1,395,971  
    LANDMARK EQUITY PARTNER XV   306,382  
    LEGACY VENTURE   649,356  
    PARK STREET CAP NAT RES FUND V   512,395  
    WELSH CARSON ANDERSON & STOWE   989,170  
    ETON PARK OVERSEAS FUND   0  
    GEM REALTY FUND VI, LP   472,557  
    OHA STRATEGIC CREDIT FUND II   684,355  

    TY 2021 LegalFeesSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    KATTEN MUCHIN ROSENMAN LLP 34,917 3,492   31,425


    TY 2021 OtherDecreasesSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Description Amount
    NONDEDUCTIBLE EXPENSES PER K-1 1,077


    TY 2021 OtherExpensesSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    K-1: INVESTMENT INTEREST EXP 4,736 4,736    
    K-1: OTHER DEDUCTIONS 143,646 143,646    
    ADMINISTRATIVE EXPENSES 3,162 316   2,846


    TY 2021 OtherIncomeSchedule2
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 PASS-THROUGH INCOME 94,706 94,706  
    OTHER INCOME - PFIC (FROM K-1) 69,065 69,065  
    State tax refund 1,634 1,634  


    TY 2021 OtherIncreasesSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Description Amount
    OTHER INCREASES 117,014
    UNREALIZED GAIN ON DONATED SECURITIES 252,293
    TAX-EXEMPT INCOME 90,227


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ONLINE GRANTS MANAGEMENT 3,400     3,400
    INVESTMENT MANAGEMENT FEES 309,731 309,731    
    MANAGEMENT FEES 137,500 13,750   123,750
    ADMINSTRATIVE SUPPORT 15,015 1,502   13,514
    OTHER PROFESSIONAL FEES 49,992 4,999   44,993
    CUSTODY SERVICE FEES 917 917    


    TY 2021 TaxesSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXCISE TAX 142,856      
    K-1: FOREIGN TAXES 2,159 2,159    
    STATE TAXES 50 50