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
FALCONWOOD FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)20 GRAMERCY PARK SOUTH
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10003
A Employer identification number

13-3456475
B Telephone number (see instructions)

(212) 984-1444
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$660,761J 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) 1,071,978
2 Check bullet.............
3 Interest on savings and temporary cash investments 193 193  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,072,171 193 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,896 0 0 6,896
c Other professional fees (attach schedule).... Click to see attachment 172,853 0 0 172,853
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 250 0 0 250
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,772 0 0 6,772
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 659 0 0 659
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 187,430 0 0 187,430
25 Contributions, gifts, grants paid....... 2,815,302 2,815,302
26 Total expenses and disbursements. Add lines 24 and 25 3,002,732 0 0 3,002,732
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,930,561
b Net investment income (if negative, enter -0-) 193
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 2,581,122 660,761 660,761
2 Savings and temporary cash investments.........      
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   10,000 Click to see attachment0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 2,591,122 660,761 660,761
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 2,591,122 660,761
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)..... 2,591,122 660,761
30 Total liabilities and net assets/fund balances (see instructions). 2,591,122 660,761
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
2,591,122
2
Enter amount from Part I, line 27a .....................
2
-1,930,561
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
200
4
Add lines 1, 2, and 3 ..........................
4
660,761
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
660,761
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  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 3
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 1,280
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,280
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,277
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet1,277 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    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
     
    No
    Website addressbulletN/A
    14
    The books are in care ofbulletDR STANLEY A LEFKOWITZ Telephone no.bullet (212) 984-1444

    Located atbullet20 GRAMERCY PARK SOUTHNEW YORKNY ZIP+4bullet10003
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DR HENRY G JARECKI PRES/TREAS DIRECTOR
    0.25     		0 0 0
    10 TIMBER TRAIL
    RYE,NY10580
    THOMAS A RUSSO DIRECTOR
    0.05     		0 0 0
    11527 GREEN BAYBERRY DRIVE
    PALM BEACH GARDENS,FL334181514
    DR STANLEY A LEFKOWITZ VICE-PRES/SECY DIRECTOR
    0.50     		0 0 0
    60 EAST 8TH STREET 22-J
    NEW YORK,NY10003
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    GRATIAS PARTNERS LLC CONSULTING 126,240
    20 HASKEL DRIVE
    PRINCETON,NJ08550
    ELLEN BRODY CHANDLER CONSULTING 46,613
    206 ANCON AVENUE
    PELHAM,NY10803
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 SUPPLYING FOOD AND OTHER SUPPLIES TO THE BRITISH VIRGIN ISLANDS COMMUNITY. 7,431
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    1,580,707
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,580,707
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,580,707
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    23,711
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    1,556,996
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    77,850
    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
    77,850
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    3
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    77,847
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    77,847
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    77,847
    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 77,847
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 4,300,523
    b From 2017...... 4,760,503
    c From 2018...... 3,707,092
    d From 2019...... 2,802,499
    e From 2020...... 5,775,778
    f Total of lines 3a through e ........ 21,346,395
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 3,002,732
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 77,847
    e Remaining amount distributed out of corpus 2,924,885
    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 24,271,280
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		4,300,523
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		19,970,757
    10 Analysis of line 9:
    a Excess from 2017.... 4,760,503
    b Excess from 2018.... 3,707,092
    c Excess from 2019.... 2,802,499
    d Excess from 2020.... 5,775,778
    e Excess from 2021.... 2,924,885
    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).)
    DR HENRY G JARECKI
    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 e-mail address of the person to whom applications should be addressed:
    THE FALCONWOOD FOUNDATION INC CO ST
    20 GRAMERCY PARK SOUTH
    NEW YORK,NY10003
    (212) 984-1444
    bThe form in which applications should be submitted and information and materials they should include:
    NO SET FORM; APPLICANTS ARE REQUESTED TO SEND DETAILED INFORMATION REGARDING EACH REQUEST.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    5 UNDER 40 FOUNDATION
    36 WEST 9TH STREET 1A
    NEW YORK,NY10011     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,500
    ACLU FOUNDATION
    125 BROAD STREET 18TH FLOOR
    NEW YORK,NY10004     		NONE PC GENERAL SUPPORT, UNRESTRICTED 233,125
    ALZHEIMER'S DRUG DISCOVERY FOUNDATION
    57 WEST 57TH STREET SUITE 904
    NEW YORK,NY10019     		NONE PC GENERAL SUPPORT, UNRESTRICTED 300
    AMAZON FRONTLINES
    425 BUSH ST SUITE 300
    SAN FRANCISCO,CA94108     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,500
    AMERICAN CANCER SOCIETY
    PO BOX 42040 OKLAHOMA CITY
    OKLAHOMA CITY,OK73123     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,000
    AMERICAN FILM INSTITUTE
    2021 NORTH WESTERN AVENUE
    LOS ANGELES,CA90027     		NONE PC GENERAL SUPPORT, UNRESTRICTED 10,000
    AOPA FOUNDATION
    421 AVIATION WAY
    FREDRICK,MD21701     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,000
    ARTISTS FOR PEACE AND JUSTICE
    750 LEXINGTON AVENUE 9TH FLOOR
    NEW YORK,NY10013     		NONE PC GENERAL SUPPORT, UNRESTRICTED 15,000
    ASPCA
    424 E 92ND STREET
    NEW YORK,NY10128     		NONE PC GENERAL SUPPORT, UNRESTRICTED 1,000
    BARD COLLEGE
    PO BOX 5000
    ANNADALEONHUDSON,NY12504     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,000
    BARD PRISON INITIATIVE
    PO BOX 5000
    ANNADALEONHUDSON,NY12504     		NONE PC GENERAL SUPPORT, UNRESTRICTED 66,000
    BOYS & GIRLS CLUBS MONMOUTH COUNTY
    1201 MONROE AVENUE
    ASBURY PARK,NJ07712     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,000
    BOYS & GIRLS CLUBS OF NANTUCKET
    PO BOX 269
    NANTUCKET,MA02554     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,000
    CAMP ARCADIA SCHOLARSHIP FOUNDATION
    63 BIRDIE LANE
    WELLS,ME04090     		NONE PC GENERAL SUPPORT, UNRESTRICTED 1,000
    CENTER FOR INVESTIGATIVE REPORTING
    1400 65TH ST SUITE 200
    EMERYVILLE,CA94608     		NONE PC GENERAL SUPPORT, UNRESTRICTED 15,000
    CHAPEL HILL-CARRBORO PUBLIC SCHOOL FOUNDATION
    PO BOX 877
    CARRBORO,NC27510     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,000
    CHILDREN OF THE NIGHT
    3450 CAHUENGA BLVD W UNIT 602
    LOS ANGELES,CA900681592     		NONE PC GENERAL SUPPORT, UNRESTRICTED 15,000
    CHILDREN'S HOSPITAL OF LOS ANGELES
    PO BOX 842712
    LOS ANGELES,CA90084     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,000
    CLASSICAL THEATRE OF HARLEM
    8 W 126TH STREET
    NEW YORK,NY11724     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,000
    COLUMBIA BUSINESS SCHOOL
    33 WEST 60TH STREET 7TH FLOOR
    NEW YORK,NY10025     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,500
    COLUMBIA COLLEGE FUND
    622 W 113TH STREET 3RD FLOOR
    NEW YORK,NY48113     		NONE PC GENERAL SUPPORT, UNRESTRICTED 25,000
    COMMUNITY ACTION NETWORK (CAN)
    PO BOX 130077
    ANN ARBOR,MN48114     		NONE PC GENERAL SUPPORT, UNRESTRICTED 15,000
    CONNECTICUT FOOD BANK
    2 RESEARCH PARKWAY
    WALLINGFORD,CT064921929     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,500
    DIVERS ALERT NETWORK
    6 WEST COLONY PLACE
    DURHAM,NC27705     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,000
    DOCTORS WITHOUT BORDERS USA INC
    40 RECTOR STREET 16TH FLOOR
    NEW YORK,NY10016     		NONE PC GENERAL SUPPORT, UNRESTRICTED 30,000
    DRUG POLICY ALLIANCE
    131 WEST 33RD STREET 15TH FLOOR
    NEW YORK,NY10001     		NONE PC GENERAL SUPPORT, UNRESTRICTED 25,000
    ELECTRONIC FRONTIER FOUNDATION
    815 EDDY STREET
    SAN FRANCISCO,CA94109     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,500
    ELON UNIVERSITY
    2615 CAMPUS BOX
    ELON,NC27244     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,000
    ENVIRONMENTAL DEFENSE FUND
    257 PARK AVENUE SOUTH 17TH FL
    NEW YORK,NY10010     		NONE PC GENERAL SUPPORT, UNRESTRICTED 45,000
    ENVIRONMENTAL WORKING GROUP
    1436 U STREET NW SUITE 100
    WASHINGTON,DC20009     		NONE PC GENERAL SUPPORT, UNRESTRICTED 14,500
    EQUAL JUSTICE INITIATIVE
    122 COMMERCE STREET
    MONTGOMERY,AL36104     		NONE PC GENERAL SUPPORT, UNRESTRICTED 15,000
    FEEDING AMERICA
    DONATION PROCESSING CENTER PO BOX
    96749
    WASHINGTON,DC200777746     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,500
    FOOD BANK FOR NEW YORK CITY
    39 BROADWAY 10TH FLOOR
    NEW YORK,NY10006     		NONE PC GENERAL SUPPORT, UNRESTRICTED 25,500
    FOOD CORPS INC
    1140 SE 7TH AVE 110
    PORTLAND,OR97214     		NONE PC GENERAL SUPPORT, UNRESTRICTED 25,000
    UNITE BVI
    PO BOX 1091
    THE VALLEY VIRGIN GORDA B    
    VI     		NONE PC GENERAL SUPPORT, UNRESTRICTED 4,929
    FREE ARTS
    11099 SOUTH LA CIENEGA BLVD SUITE
    235
    LOS ANGELES,CA90045     		NONE PC GENERAL SUPPORT, UNRESTRICTED 1,000
    FRIENDS OF THE JEWISH MUSEUM BERLIN
    239 RIDGEVIEW ROAD
    PRINCETON,NJ08540     		NONE PC GENERAL SUPPORT, UNRESTRICTED 1,000
    FRIENDS OF THE MOUNTAIN TO SEA TRAIL
    3509 HAYWORTH DRIVE SUITE 210
    RALEIGH,NC27609     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,000
    GO CAMPAIGN
    2309 SANTA MONICA BLVD 437
    SANTA MONICA,CA90404     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,000
    GOOD FOUNDATION
    306 W 37TH ST 8TH FLOOR
    NEW YORK,NY10018     		NONE PC GENERAL SUPPORT, UNRESTRICTED 25,000
    GRAMERCY PARK BLOCK ASSOCIATION
    34 GRAMERCY PARK EAST
    NEW YORK,NY10003     		NONE PC GENERAL SUPPORT, UNRESTRICTED 7,500
    GREEN VI
    PO BOX 4760
    ROAD TOWN TORTOLA   BVI VG1110
    VI     		NONE GOV GENERAL SUPPORT, UNRESTRICTED 15,000
    GREENPEACE FUND INC
    702 H STREET NW SUITE 300
    WASHINGTON,DC20001     		NONE PC GENERAL SUPPORT, UNRESTRICTED 45,000
    HARRISON EMERGENCY MEDICAL SERVICES
    2 PLEASANT RIDGE ROAD
    HARRISON,NY10528     		NONE PC GENERAL SUPPORT, UNRESTRICTED 1,000
    HARRISON FIRE DEPARTMENT
    206 HARRISON AVENUE
    HARRISON,NY10528     		NONE PC GENERAL SUPPORT, UNRESTRICTED 500
    HARRISON POLICE ASSOCIATION
    PO BOX 127
    HARRISON,NY10528     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,500
    HEIDELBERG UNIVERSITY ASSOCIATION
    871 UNITED NATIONS PLAZA
    NEW YORK,NY10017     		NONE PC GENERAL SUPPORT, UNRESTRICTED 3,000
    HEREDITARY DISEASE FOUNDATION
    601 WEST 168TH STREET SUITE 54
    NEW YORK,NY10032     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,500
    HOMEBOY INDUSTRIES
    DEVELOPMENT OFFICE 130 WEST BRUNO
    STREET
    LOS ANGELES,CA90012     		NONE PC GENERAL SUPPORT, UNRESTRICTED 3,000
    HOSPITAL FOR SPECIAL SURGERY
    535 E 70TH STREET
    NEW YORK,NY10021     		NONE PC GENERAL SUPPORT, UNRESTRICTED 8,000
    INNOCENCE PROJECT
    40 WORTH STREET
    NEW YORK,NY10013     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,000
    INSTITUTE OF INTERNATIONAL EDUCATION
    ONE WORLD TRADE CENTER 36TH FLOOR
    NEW YORK,NY10007     		NONE PC GENERAL SUPPORT, UNRESTRICTED 141,300
    INTERNATIONAL CAMPAIGN FOR TIBET
    1825 JEFFERSON PLACE NW
    WASHINGTON,DC20036     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,500
    INTERNATIONAL DOCUMENTARY ASSOCIATION
    3600 WILSHIRE BLVD SUITE 1810
    LOS ANGELES,CA900102622     		NONE PC GENERAL SUPPORT, UNRESTRICTED 3,500
    INTERNATIONAL RESCUE COMMITTEE
    122 EAST 42ND STREET 11TH FLOOR
    NEW YORK,NY101681289     		NONE PC GENERAL SUPPORT, UNRESTRICTED 20,000
    JAZZ FOUNDATION OF AMERICA
    247 WEST 37TH STREET
    NEW YORK,NY10018     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,500
    JOST VAN DYKE PRESERVATION SOCIETY CO JOHN KREITLER CPA
    326 FIRST STREET 37B
    ANNAPOLIS,MD21403     		NONE PC GENERAL SUPPORT, UNRESTRICTED 13,000
    KEEWAYDIN FOUNDATION
    500 RUSTIC LANE
    SALISBURY,VT05679     		NONE PC GENERAL SUPPORT, UNRESTRICTED 30,000
    KHAN ACADEMY INC
    PO BOX 1630
    MOUNTAIN VIEW,CA94042     		NONE PC GENERAL SUPPORT, UNRESTRICTED 79,000
    KING HUSSEIN CANCER FOUNDATION - USA CO ANDRAS KOSARASARNOLD & PORTER LLP
    601 MASSACHUSETTS AVE NW
    WASHINGTON DC,WA200013743     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,000
    KIPP FOUNDATION
    1501 BROADWAY SUITE 1000
    NEW YORK,NY10036     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,000
    LAC DCFS - SANTA CLARITA
    300 EAST K-6 AVENUE
    LANCASTER,CA93535     		NONE PC GENERAL SUPPORT, UNRESTRICTED 10,000
    LEO BAECK INSTITUTE
    15 WEST 16TH STREET
    NEW YORK,NY10011     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,000
    LOS ANGELES COUNTY MUSEUM OF ART
    5905 WILSHIRE BLVD
    LOS ANGELES,NY90036     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,500
    LOS ANGELES REGIONAL FOOD BANK
    1734 E 41ST STREET
    LOS ANGELES,CA900581502     		NONE PC GENERAL SUPPORT, UNRESTRICTED 17,500
    MARIA MITCHELL ASSOCIATION
    4 VESTAL STREET
    NANTUCKET,MA02554     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,500
    MASTERS SCHOOL
    49 CLINTON AVENUE
    DOBBS FERRY,NY10522     		NONE PC GENERAL SUPPORT, UNRESTRICTED 1,000
    MEDIA MATTERS FOR AMERICA
    5405 MONTGOMERY STREET
    SPRINGFIELD,VA22151     		NONE PC GENERAL SUPPORT, UNRESTRICTED 15,000
    MEMORIAL SLOAN-KETTERING CANCER CENTER
    PO BOX 27106
    NEW YORK,NY100877106     		NONE PC GENERAL SUPPORT, UNRESTRICTED 20,000
    MENTAL HEALTH AMERICA CO GIFT OFFICE
    500 MONTGOMERY STREET SUITE 820
    ALEXANDRIA,VA22314     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,500
    MOUNT SINAI MEDICAL CENTER
    ONE GUSTAVE LEVY PLACE BOX 1049
    NEW YORK,NY100296574     		NONE PC GENERAL SUPPORT, UNRESTRICTED 15,000
    NAACP LEGAL DEFENSE AND EDUC FUND INC
    40 RECTOR STREET 5TH FLOOR
    NEW YORK,NY10006     		NONE PC GENERAL SUPPORT, UNRESTRICTED 25,000
    NANTUCKET COTTAGE HOSPITAL FOUNDATION
    57 PROSPECT STREET
    NANTUCKET,MA02554     		NONE PC GENERAL SUPPORT, UNRESTRICTED 1,500
    NATURAL RESOURCES DEFENSE COUNCIL CO DMP
    1150 CONRAD COURT
    HAGERSTOWN,MD217405905     		NONE PC GENERAL SUPPORT, UNRESTRICTED 117,000
    NEIGHBOR TO NEIGHBOR
    248 EAST PUTNAM AVENUE
    GREENWICH,CT06830     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,000
    NET RESEARCH FOUNDATION
    321 COLUMBUS AVENUE SUITE 5R
    BOSTON,MA02116     		NONE PC GENERAL SUPPORT, UNRESTRICTED 10,000
    NEW ROCHELLE YMCA
    50 WEYMAN AVENUE
    NEW ROCHELLE,NY10805     		NONE PC GENERAL SUPPORT, UNRESTRICTED 1,000
    NEW YORKERS FOR CHILDREN
    450 7TH AVENUE SUITE 1707
    NEW YORK,NY10123     		NONE PC GENERAL SUPPORT, UNRESTRICTED 25,000
    NEW YORK-PRESBYTERIAN HOSPITAL
    525 EAST 68TH STREET PAYSON 122
    NEW YORK,NY10065     		NONE PC GENERAL SUPPORT, UNRESTRICTED 50,000
    NORTH BROOKLYN ANGELS
    127 KENT STREET
    BROOKLYN,NY11222     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,500
    NY UNIVERSITY SCHOLARS AT RISK NETWORK
    411 LAFAYETTE STREET 3RD FLOOR
    NEW YORK,NY10003     		NONE PC GENERAL SUPPORT, UNRESTRICTED 8,000
    OCEAN CONSERVANCY
    1300 19TH STREET NW 8TH FLOOR
    WASHINGTON,DC20036     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,500
    PATIENT AIRLIFT SERVICES
    7110 REPUBLIC AIRPORT 2ND FLOOR
    FARMINGDALE,NY11735     		NONE PC GENERAL SUPPORT, UNRESTRICTED 1,000
    PLANET HOPE
    9200 W SUNSET BLVD SUITE 600
    LOS ANGELES,CA90069     		NONE PC GENERAL SUPPORT, UNRESTRICTED 10,000
    PLANNED PARENTHOOD FEDERATION OF AMERICA
    123 WILLIAM ST 10TH FLOOR
    NEW YORK,NY10038     		NONE PC GENERAL SUPPORT, UNRESTRICTED 136,875
    PRINCETON UNIVERSITY
    HELM BUILDING 330 ALEXANDER STREET
    PRINCETON,NJ08540     		NONE PC GENERAL SUPPORT, UNRESTRICTED 25,000
    PRISON POLICY INITIATIVE
    69 GARFIELD AVENUE FLOOR
    EASTHAMPTON,MA01027     		NONE PC GENERAL SUPPORT, UNRESTRICTED 15,000
    RECREATION TRUST
    STATION AVENUE
    ROAD TOWN,TORTOLAVG1110
    VI     		NONE PC GENERAL SUPPORT, UNRESTRICTED 11,226
    RIP MEDICAL DEBT
    80 THEODORE FREMD AVENUE
    RYE,NY10580     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,000
    SCSU FOUNDATION INC
    PO BOX 846120
    BOSTON,MA022846120     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,000
    SEA EDUCATION ASSOCIATION
    PO BOX 6
    WOODS HOLE,MA02543     		NONE PC GENERAL SUPPORT, UNRESTRICTED 1,000
    SELFHELP
    520 EIGHTH AVENUE 5TH FLOOR
    NEW YORK,NY10018     		NONE PC GENERAL SUPPORT, UNRESTRICTED 3,000
    SHATTERPROOF A NONPROFIT CORPORATION
    101 MERRITT 7 CORPORATE PARK 1ST
    FLOOR
    NORWALK,CT06851     		NONE PC GNERAL SUPPORT, UNRESTRICTED 5,000
    SOCIAL TEES ANIMAL RESCUE
    443 EAST 9TH STREET STOREFRONT WEST
    NEW YORK,NY10009     		NONE PC GENERAL SUPPORT, UNRESTRICTED 1,500
    SONOMA ASHRAM FOUNDATION
    PO BOX 950
    SONOMA,CO95476     		NONE PC GENERAL SUPPORT, UNRESTRICTED 10,000
    SOUND RIVERS INC
    PO BOX 1854
    WASHINGTON,NC27889     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,000
    SOUTHERN ENVIRONMENTAL LAW CENTER
    201 W MAIN ST SUITE 14
    CHARLOTTESVILLE,VA22902     		NONE PC GENERAL SUPPORT, UNRESTRICTED 82,000
    SPONSORS FOR EDUCATIONAL OPPORTUNITY
    55 EXCHANGE PLACE SUITE 601
    NEW YORK,NY10005     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,000
    SUNDANCE INSTITUTE
    PO BOX 684429
    PARK CITY,UT84068     		NONE PC GENERAL SUPPORT, UNRESTRICTED 20,000
    THE BAIL PROJECT
    PO BOX 102592
    PASADENA,CA911892592     		NONE PC GENERAL SUPPORT, UNRESTRICTED 20,000
    THE BARUCH COLLEGE FUND
    ONE BERNARD BARUCH WAY BOX A-1603
    NEW YORK,NY100105585     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,000
    THE BRIGHTWATER FUND
    10 TIMBER TRAIL
    RYE,NY10580     		NONE PC GENERAL SUPPORT, UNRESTRICTED 495,297
    THE CARVER CENTER
    PO BOX 429
    PORT CHESTER,NY10573     		NONE PC GENERAL SUPPORT, UNRESTRICTED 25,000
    THE FILM NOIR FOUNDATION
    108 WHITE OAK CIRCLE
    PETALUMA,CA94952     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,000
    THE MARSHALL PROJECT
    156 WEST 56TH STREET SUITE 701
    NEW YORK,NY10019     		NONE PC GENERAL SUPPORT, UNRESTRICTED 60,000
    THE NEW SCHOOL FOR SOCIAL RESEARCH
    79 5TH AVE FL 7
    NEW YORK,NY102111041     		NONE PC GENERAL SUPPORT, UNRESTRICTED 1,500
    THE PICTURE HOUSE
    253 WOLFS LANE
    PELHAM,NY10803     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,000
    THE STISSING CENTER
    PO BOX 1024
    PINE PLAINS,NY12567     		NONE PC GENERAL SUPPORT, UNRESTRICTED 10,000
    THE WENDE MUSEUM OF THE COLD WAR
    10808 CULVER BOULEVARD
    CULVER CITY,CA90230     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,000
    THE YEP FOUNDATION
    ROAD TOWN
    TORTOLA    
    VI     		NONE PC GENERAL SUPPORT, UNRESTRICTED 231,000
    TRIANGLE LAND CONSERVANCY
    514 SOUTH DUKE STREET
    DURHAM,NC27701     		NONE PC GENERAL SUPPORT, UNRESTRICTED 4,000
    TRISTATE PUBLIC COMMUNICATIONS INC CO WHDD
    67 MAIN STREET
    SHARON,CT06069     		NONE PC GENERAL SUPPORT, UNRESTRICTED 1,000
    UNITED STATES HOLOCAUST MEMORIAL MUSEUM
    100 RAOUL WALLENBERG PLACE SW
    WASHINTON DC,DC200242126     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,500
    VERA INSTITUTE OF JUSTICE
    34 35TH STREET 4-2A
    BROOKLYN,NY11232     		NONE PC GENERAL SUPPORT, UNRESTRICTED 50,000
    VINEYARD THEATRE
    108 E 15TH STREET
    NEW YORK,NY10003     		NONE PC GENERAL SUPPORT, UNRESTRICTED 7,500
    WEILL CORNELL MEDICAL COLLEGE
    1300 YORK AVENUE BOX 314
    NEW YORK,NY10065     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,000
    WEISSMAN CENTER FOR INTL BUSINESS BARUCH COLLEGE
    ONE BERNARD BARUCH WAY BOX J-0810
    NEW YORK,NY10010     		NONE PC GENERAL SUPPORT, UNRESTRICTED 5,000
    WHITE PLAINS HOSPITAL
    41 EAST POST ROAD
    WHITE PLAINS,NY10601     		NONE PC GENERAL SUPPORT, UNRESTRICTED 20,000
    WIKIMEDIA FOUNDATION
    PO BOX 98204
    WASHINGTON DC,DC200908204     		NONE PC GENERAL SUPPORT, UNRESTRICTED 6,250
    WNETTHIRTEEN
    PATRON PROGRAM 825 EIGHTH AVENUE
    NEW YORK,NY100197435     		NONE PC GENERAL SUPPORT, UNRESTRICTED 2,500
    WORTH RISES
    914 HILLDALE AVENUE
    WEST HOLLYWOOD,CA90069     		NONE PC GENERAL SUPPORT, UNRESTRICTED 10,500
    YALE UNIVERSITY SCHOOL OF MEDICINE (JOHN H KRYSTAL MD) CHIEF OF PSYCHIA
    300 GEORGE STR SUITE 901
    NEW HAVEN,CT06511     		NONE PC GENERAL SUPPORT, UNRESTRICTED 90,000
    YIVO INSTITUTE FOR JEWISH RESEARCH
    15 WEST 16TH STREET
    NEW YORK,NY100116301     		NONE PC GENERAL SUPPORT, UNRESTRICTED 10,000
    THE MICHAEL J FOX FOUNDATION
    PO BOX 5014
    HAGERSTOWN,MD217415014     		NONE PC GENERAL SUPPORT, UNRESTRICTED 10,000
    Total .................................bullet 3a 2,815,302
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 193  
    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 ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 193 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    193
    (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
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    FALCONWOOD FOUNDATION INC
     
    Employer identification number

    13-3456475
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    FALCONWOOD FOUNDATION INC
          		Employer identification number
    13-3456475
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    ANDREW R JARECKI
    131 EAST 66TH STREET APT 4-D
     
    NEW YORK, NY10021

    		$ 6,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    NICHOLAS JARECKI
    8232 SKYLINE DRIVE
     
    LOS ANGELES, CA90046

    		$ 6,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    THOMAS A JARECKI
    3 KENILWORTH LANE
     
    RYE, NY10580

    		$ 6,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    TIMBER FALLS TRUST 1973
     
    C/O WITHERS BERGMAN 157 CHURCH STRE
     
    NEW HAVEN, CT06502

    		$ 1,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    DIVONNE HOLMES A'COURT
     
    9 EAST 40TH STREET FLOOR 6
     
    NEW YORK, NY10016

    		$ 6,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    EUGENE JARECKI
    7858 MAIN STREET
     
    WAITSFIELD, VT05673

    		$ 6,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Name of organization
    FALCONWOOD FOUNDATION INC
          		Employer identification number
    13-3456475
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    PAUL BRODY
    673 WEED STREET
     
    NEW CANAAN, CT06840

    		$ 6,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    LIANNA JARECKI
    101 DERBY LANE
     
    CHAPEL HILL, NC27514

    		$ 11,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    NONI GEORGES
    PO BOX 8
     
    ROAD TOWN TORTOLA,   VG1110VI

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
    BOYS AND GIRLS CLUBS OF MONMOUTH COUNTY
     
    1201 MONROE AVENUE
     
    ASBURY PARK, NJ07712

    		$ 5,000


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

    		$  


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

    		$  


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

    13-3456475
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    FALCONWOOD FOUNDATION INC
          		Employer identification number

    13-3456475
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    FALCONWOOD FOUNDATION INC
    EIN:
    13-3456475
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FRIEDMAN LLP- ACCOUNTING FEES 6,896 0 0 6,896

    TY 2021 OtherExpensesSchedule
    Name:
    FALCONWOOD FOUNDATION INC
    EIN:
    13-3456475
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOOD AND SUPPLIES - BVI RELIEF 409 0 0 409
    ED CERTIFICATE FEE 250 0 0 250


    TY 2021 OtherIncreasesSchedule
    Name:
    FALCONWOOD FOUNDATION INC
    EIN:
    13-3456475
    Description Amount
    VOIDED CHECK - GRAMERCY NEIGHBORHOOD ASSOCIATIONS INC 200


    TY 2021 OtherNotesLoansRcvblShortSch2
    Name:
    FALCONWOOD FOUNDATION INC
    EIN:
    13-3456475
    Name of 501(c)(3) Organization Balance Due
    THE YEP FOUNDATION
          		0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    FALCONWOOD FOUNDATION INC
    EIN:
    13-3456475
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ELLEN BRODY CHANDLER - CONSULTING 46,613 0 0 46,613
    GRATIAS PARTNERS, LLC - CONSULTING FEES 126,240 0 0 126,240


    TY 2021 SubstantialContributorsSch
    Name:
    FALCONWOOD FOUNDATION INC
    EIN:
    13-3456475
    Name Address
    NONI GEORGES PO BOX 8
    ROAD TOWN TORTOLA   VG1110
    VI
    BOYS AND GIRLS CLUBS OF MONMOUTH COUNTY
          		1201 MONROE AVENUE
    ASBURY PARK,NJ07712


    TY 2021 TaxesSchedule
    Name:
    FALCONWOOD FOUNDATION INC
    EIN:
    13-3456475
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NEW YORK STATE FILING FEE 250 0 0 250