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
MORRIS AND ALMA SCHAPIRO FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)CO ANCHIN LLP - 1375 BROADWAY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY100187001
A Employer identification number

13-6089254
B Telephone number (see instructions)

(212) 840-3456
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$164,592,120J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 785 785  
4 Dividends and interest from securities... 392,294 392,294  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,618,687
b Gross sales price for all assets on line 6a 21,777,479
7 Capital gain net income (from Part IV, line 2)... 7,618,687
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 7,567,971 7,045,127  
12 Total. Add lines 1 through 11........ 15,579,737 15,056,893  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 1,500 0   1,500
b Accounting fees (attach schedule)....... Click to see attachment 88,000 22,000   66,000
c Other professional fees (attach schedule).... Click to see attachment 322,074 322,074   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 108,645 13,645   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 883,181 687,852   195,329
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,403,400 1,045,571   262,829
25 Contributions, gifts, grants paid....... 7,001,167 7,001,167
26 Total expenses and disbursements. Add lines 24 and 25 8,404,567 1,045,571   7,263,996
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 7,175,170
b Net investment income (if negative, enter -0-) 14,011,322
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............. 1,597,517 794,602 794,602
2 Savings and temporary cash investments......... 612,137 1,496,198 1,496,198
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 15,304,441 Click to see attachment18,043,413 30,344,424
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).......... 81,701,183 Click to see attachment88,815,573 131,956,896
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) 99,215,278 109,149,786 164,592,120
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 99,215,278 109,149,786
29 Total net assets or fund balances (see instructions)..... 99,215,278 109,149,786
30 Total liabilities and net assets/fund balances (see instructions). 99,215,278 109,149,786
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
99,215,278
2
Enter amount from Part I, line 27a .....................
2
7,175,170
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,759,338
4
Add lines 1, 2, and 3 ..........................
4
109,149,786
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
109,149,786
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 PUBLIC TRADED SECURITIES      
b TOTAL ST GAINS THRU PARTNERSHIPS P    
c TOTAL LT GAINS THRU PARTNERSHIPS P    
d SALE OF CONSONANCE CAPITAL INVESTORS LTD P    
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 16,995,236   12,249,371 4,745,865
b 891,563   3,067 888,496
c 822,401   156,354 666,047
d 3,068,279   1,750,000 1,318,279
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       4,745,865
b       888,496
c       666,047
d       1,318,279
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 7,618,687
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........................... 3 194,757
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- ..... 5 194,757
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 105,103
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 65,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 170,103
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 168
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 24,822
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    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 addressbulletN/A
    14
    The books are in care ofbulletANCHIN BLOCK ANCHIN LLP Telephone no.bullet (212) 840-3456

    Located atbullet1375 BROADWAYNEW YORKNY ZIP+4bullet10018
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletVI, CJ, BD
    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
    RUFUS COLLINS TRUSTEE
    2.00     		0 0 0
    C/O ANCHIN BLOCK ANCHIN 1375
    BROADWAY
    NEW YORK,NY10018
    STEPHEN J PALUSZEK TRUSTEE
    2.00     		0 0 0
    C/O ANCHIN BLOCK ANCHIN 1375
    BROADWAY
    NEW YORK,NY10018
    BARNABY SCHAPIRO TRUSTEE
    2.00     		0 0 0
    C/O ANCHIN BLOCK ANCHIN 1375
    BROADWAY
    NEW YORK,NY10018
    JACOB COLLINS TRUSTEE
    2.00     		0 0 0
    C/O ANCHIN BLOCK ANCHIN 1375
    BROADWAY
    NEW YORK,NY10018
    JON SCHAPIRO TRUSTEE
    2.00     		0 0 0
    C/O ANCHIN BLOCK ANCHIN 1375
    BROADWAY
    NEW YORK,NY10018
    MARION SCHPIRO TRUSTEE
    2.00     		0 0 0
    C/O ANCHIN BLOCK ANCHIN 1375
    BROADWAY
    NEW YORK,NY10018
    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
    RITA BOWEN CONSULTING 250,450
    20-68 29TH STREET 3RD FLOOR
    ASTORIA,NY11105
    SELECT EQUITY GROUP INVESTMENT ADVISORS 127,871
    380 LAFAYETTE STREET
    NEW YORK,NY10003
    HS MANAGEMENT LLC INVESTMENT ADVISORS 95,586
    640 FIFTH AVENUE 18TH FLOOR
    NEW YORK,NY10019
    ANCHIN BLOCK & ANCHIN ACCOUNTING FEES 88,000
    1375 BROADWAY
    NEW YORK,NY10018
    EAGLE CAPITAL MANAGEMENT LLC INVESTMENT ADVISORS 70,852
    499 PARK AVENUE 17
    NEW YORK,NY10022
    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 NONE 0
    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 NONE 0
    2  
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    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
    72,710,652
    b
    Average of monthly cash balances.......................
    1b
    4,826,503
    c
    Fair market value of all other assets (see instructions)................
    1c
    87,378,248
    d
    Total (add lines 1a, b, and c).........................
    1d
    164,915,403
    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
    164,915,403
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    2,473,731
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    162,441,672
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    8,122,084
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    8,122,084
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    194,757
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    23,624
    c
    Add lines 2a and 2b............................
    2c
    218,381
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,903,703
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    7,903,703
    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
    7,903,703
    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 7,903,703
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 147,858
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 7,263,996
    a Applied to 2020, but not more than line 2a 147,858
    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..... 7,116,138
    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 ..........     		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 ..........     		787,565
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		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....  
    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
    ELAINE KAUFMAN MUSIC CENTER-LUCY MOSES SCHOOL
    129 W 67TH ST
    NEW YORK,NY10023     		NONE PUBLIC CHARITIES GENERAL PURPOSE 250,000
    HOSPITAL FOR SPECIAL
    535 EAST 0TH STREET
    NEW YORK,NY10021     		NONE PUBLIC CHARITIES GENERAL PURPOSE 250,000
    GRAND CENTRAL ATELIER
    46-06 11TH STREET
    QUEENS,NY11101     		NONE PUBLIC CHARITIES GENERAL PURPOSE 92,500
    THE NEW YORK PUBLIC
    476 5TH AVE
    NEW YORK,NY10018     		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000
    WAVE HILL
    675 WEST 252ND STREET
    BRONX,NY10471     		NONE PUBLIC CHARITIES GENERAL PURPOSE 60,000
    COOKE CENTER FOR LEARNING AND DEVELOPMENT
    254 W 29TH ST
    NEW YORK,NY10001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    THE NEW SCHOOLCENTER FOR NYC AFFAIRS
    72 5TH AVE 6TH FL
    NEW YORK,NY10011     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    FRIENDS OF KAREN
    118 TITICUS ROAD
    NORTH SALEM,NY10001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    THE IRISH REPERTORY THEATRE COMPANY INC
    132 WEST 22ND STREET 2ND FLOOR
    NEW YORK,NY10011     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    BUCKMINSTER FULLER I
    181 N 11TH ST
    BROOKLYN,NY11211     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    PENTA MEDICAL RECYCLE
    500 PARK AVENUE
    NEW YORK,NY10022     		NONE PUBLIC CHARITIES GENERAL PURPOSE 20,000
    FRACTURED ATLAS INC
    248 WEST 35TH STREET 10TH FLOOR
    NEW YORK,NY10001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 15,000
    ARS NOVA THEATER INC
    511 WEST 54TH STREET
    NEW YORK,NY10019     		NONE PUBLIC CHARITIES GENERAL PURPOSE 15,000
    NEW YORK STUDIO SCHOOL
    8 W 8TH ST
    NEW YORK,NY10011     		NONE PUBLIC CHARITIES GENERAL PURPOSE 15,000
    COOL CULTURE INC
    80 HANSON PL
    BROOKLYN,NY11217     		NONE PUBLIC CHARITIES GENERAL PURPOSE 5,000
    NEW YORK UNIVERSITY
    50 WEST 4TH STREET
    NEW YORK,NY10012     		NONE PUBLIC CHARITIES GENERAL PURPOSE 200,000
    SOCIETY OF THE THIRD
    235 EAST 11TH STREET
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 150,000
    SAFE HANDS FOR GIRLS INC
    2890 DARRAH CT SW
    ATLANTA,GA30331     		NONE PUBLIC CHARITIES GENERAL PURPOSE 100,000
    CHESS IN THE SCHOOLS INC
    520 EIGHTH AVENUE FL 2
    NEW YORK,NY10018     		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000
    RIVENDELL SCHOOL
    277 THIRD AVENUE
    BROOKLYN,NY11215     		NONE PUBLIC CHARITIES GENERAL PURPOSE 65,000
    BROOKLYN ACADEMY OF MUSIC INC
    PETER JAY SHARP BUILDING 30
    LAFAYETTE AVENUE
    BROOKLYN,NY11217     		NONE PUBLIC CHARITIES GENERAL PURPOSE 60,000
    ETHICAL CULTURE FIELDSON SCHOOL
    33 CENTRAL PARK WEST
    NEW YORK,NY10023     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    STANLEY M ISSACS NEIGHBORHOOD CENTER INC
    415 E 93RD ST
    NEW YORK,NY10128     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    STEFFI NOSSEN DANCE FOUNDATION
    216 CENTRAL AVENUE
    WHITE PLAINS,NY10606     		NONE PUBLIC CHARITIES GENERAL PURPOSE 30,000
    THE DILLER-QUAILE SCHOOL OF MUSIC
    24 EAST 95TH STREET
    NEW YORK,NY10128     		NONE PUBLIC CHARITIES GENERAL PURPOSE 30,000
    BARNARD COLLEGE
    3009 BROADWAY
    NEW YORK,NY10027     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    THE PLAYERS FOUNDATION
    16 GRAMERCY PK S
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 17,000
    WASHINGTON UNIVERSITY
    1 BROOKINGS DR
    ST LOUIS,MO63130     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    SCHOOL OF AMERICAN B
    66 WEST 12TH STREET
    NEW YORK,NY10011     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    CANCER RESEARCH INSTITUTE
    29 BROADWAY FLOOR 4
    NEW YORK,NY10006     		NONE PUBLIC CHARITIES GENERAL PURPOSE 250,000
    MEMORIAL SLOAN KETTERING CANCER CENTER
    1275 YORK AVE
    NEW YORK,NY10065     		NONE PUBLIC CHARITIES GENERAL PURPOSE 100,000
    BROOKLYN PUBLIC LIBRARY
    10 GRAND ARMY PLAZA
    BROOKLYN,NY11238     		NONE PUBLIC CHARITIES GENERAL PURPOSE 80,000
    LYME ACADEMY OF FINE
    84 LYME ST
    OLD LYME,CT06371     		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000
    OPENING ACT
    PO BOX 20178 GREELEY SQUARE STATION
    NEW YORK,NY10001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000
    CITY HARVEST INC
    EAST 32ND STREET 5TH FLOOR
    NEW YORK,NY10016     		NONE PUBLIC CHARITIES GENERAL PURPOSE 55,000
    YOUNG AUDIENCES OF NORTHERN CALIFORNIA
    465 CALIFORNIA ST STE 433
    SAN FRANCISCO,CA94104     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    THE ACTING COMPANY
    PO BOX 898
    NEW YORK,NY10108     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    TEAM STEADY BUCKETS
    27 UNION SQUARE W 307
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    ALFRED UNIVERSITY CO
    1 SAXON RIVE
    ALFRED,NY14802     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    MECHANIC'S INSTITUTE
    57 POST STREET
    SAN FRANCISCO,CA94104     		NONE PUBLIC CHARITIES GENERAL PURPOSE 40,000
    RED HOOK INITIATIVE
    767 HICKS STREET
    BROOKLYN,NY11231     		NONE PUBLIC CHARITIES GENERAL PURPOSE 35,000
    THE IRISH REPERTORY THEATRE COMPANY INC
    132 WEST 22ND STREET 2ND FLOOR
    NEW YORK,NY10011     		NONE PUBLIC CHARITIES GENERAL PURPOSE 30,000
    THE NEW YORK LANDMARKS CONSERVANCY
    ONE WHITEHALL STREET
    NEW YORK,NY10004     		NONE PUBLIC CHARITIES GENERAL PURPOSE 30,000
    CHRISTIAN BROTHERS CONFERENCE
    415 MICHIGAN AVE NE SUITE 300
    WASHINGTON,DC20017     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    MUSICIANS FOUNDATION INC
    875 6TH AVE
    NEW YORK,NY10001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    WORLD MONUMENTS FUND
    600 FIFTH AVENUE
    NEW YORK,NY10020     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    THE PLAYERS FOUNDATION
    16 GRAMERCY PARK SOUTH
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    PROSTATE CANCER FOUNDATION
    39 BROADWAY 10TH FLOOR
    NEW YORK,NY10006     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    COLUMBIA UNIVERSITY
    2960 BROADWAY
    NEW YORK,NY10027     		NONE PUBLIC CHARITIES GENERAL PURPOSE 333,333
    NEW ALTERNATIVES FOR CHILDREN
    37 WEST 26TH STREET 6TH FLOOR
    NEW YORK,NY10010     		NONE PUBLIC CHARITIES GENERAL PURPOSE 250,000
    THE DOOR CENTER
    555 BROOME ST
    NEW YORK,NY10013     		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000
    SOLAR COOKERS INTERNATIONAL
    2400 22ND STREET SUITE 210
    SACRAMENTO,CA95818     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    MONTEFIEORE MEDICAL CENTER
    111 EAST 210TH STREET
    BRONX,NY10467     		NONE PUBLIC CHARITIES GENERAL PURPOSE 300,000
    AMERICARES FOUNDATION
    88 HAMILTON AVENUE
    STAMFORD,CT06902     		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000
    MEDECINS SANS FRONTIER
    40 RECTOR ST 16TH FLOOR
    NEW YORK,NY10006     		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000
    BROWN UNIVERSITY
    DIVISION OF ADVANCEMENT BOX 1893
    PROVIDENCE,RI02912     		NONE PUBLIC CHARITIES GENERAL PURPOSE 200,000
    CARNEGIE HALL CORPORATION
    881 SEVENTH AVENUE
    NEW YORK,NY10019     		NONE PUBLIC CHARITIES GENERAL PURPOSE 170,000
    FOOD BANK
    355 FOOD CENTER DRIVE
    BRONX,NY10474     		NONE PUBLIC CHARITIES GENERAL PURPOSE 100,000
    EDIBLE SCHOOLYARD NEW YORK
    55 WASHINGTON STREET SUITE 257
    BROOKLYN,NY11201     		NONE PUBLIC CHARITIES GENERAL PURPOSE 85,000
    WELLNESS IN THE SCHOOLS
    PO BOX 250832
    NEW YORK,NY10025     		NONE PUBLIC CHARITIES GENERAL PURPOSE 80,000
    STREETSQUASH
    40 WEST 116TH STREET
    NEW YORK,NY10026     		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000
    BROOKLYN PUBLIC LIBRARY
    10 GRAND ARMY PLAZA
    BROOKLYN,NY11238     		NONE PUBLIC CHARITIES GENERAL PURPOSE 60,000
    ETHICAL CULTURE FIELDSON SCHOOL
    33 CENTRAL PARK WEST
    NEW YORK,NY10023     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    COOKE CENTER FOR LEARNING AND DEVELOPMENT
    254 W 29TH ST
    NEW YORK,NY10001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    MANHATTAN COUNTRY SCHOOL
    7 EAST 96TH STREET
    NEW YORK,NY10128     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    ASSOCIATION TO BENEFIT CHILDREN
    419 EAST 86TH STREET
    NEW YORK,NY10028     		NONE PUBLIC CHARITIES GENERAL PURPOSE 40,000
    NATIONAL CIVIC ART SOCIETY
    300 NEW JERSEY AVE NW 900
    WASHINGTON,DC20001     		NONE PUBLIC CHARITIES GENERAL PURPOSE 35,000
    SALMAGUNDI CLUB
    47 5TH AVE
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 31,000
    THEATRE DEVELOPMENT FUND
    520 EIGHTH AVENUE SUITE 801
    NEW YORK,NY10018     		NONE PUBLIC CHARITIES GENERAL PURPOSE 30,000
    GRAND CENTRAL ATELIER
    46-06 11TH STREET
    QUEENS,NY11101     		NONE PUBLIC CHARITIES GENERAL PURPOSE 29,000
    THE LIT FUND INC DBA
    48-15 28TH AVE
    QUEENS,NY11103     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    THE JEWISH COMMUNITY CENTER IN MANHATTAN INC
    334 AMSTERDAM AVE AT W 76TH ST
    NEW YORK,NY10023     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    THE ACTORS FUND OF AMERICA
    729 SEVENTH AVENUE
    NEW YORK,NY10019     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    THE LIBRARY OF AMERICA
    PO BOX 37910
    BOONE,IA50037     		NONE PUBLIC CHARITIES GENERAL PURPOSE 15,000
    LAKE FOREST COLLEGE
    555 N SHERIDAN RD
    LAKE FOREST,IL60045     		NONE PUBLIC CHARITIES GENERAL PURPOSE 10,000
    LEARNINGSPRING SCHOOL
    247 EAST 20TH STREET
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 10,000
    BROOKLYN YOUTH CHORU
    179 PACIFIC ST
    BROOKLYN,NY11201     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    GMHC
    1211 FULTON ST
    BROOKLYN,NY11216     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    CITY HARVEST INC
    6 EAST 32ND ST 5TH FLOOR
    NEW YORK,NY10016     		NONE PUBLIC CHARITIES GENERAL PURPOSE 333,334
    BROOKLYN BOTANIC GARDEN
    1000 WASHINGTON AVENUE
    BROOKLYN,NY11225     		NONE PUBLIC CHARITIES GENERAL PURPOSE 200,000
    BROOKLYN COMMUNITY FOUNDATION
    1000 DEAN STREET SUITE 307
    BROOKLYN,NY11238     		NONE PUBLIC CHARITIES GENERAL PURPOSE 100,000
    BLOOMINGDALE SCHOOL OF MUSIC
    323 WEST 108TH STREET
    NEW YORK,NY10025     		NONE PUBLIC CHARITIES GENERAL PURPOSE 90,000
    CATHOLIC RELIEF SERV
    228 W LEXINGTON ST
    BALTIMORE,MD21201     		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000
    PTA ASSOCATION
    101 5TH AVE
    NEW YORK,NY10003     		NONE PUBLIC CHARITIES GENERAL PURPOSE 60,000
    ETHICAL CULTURE FIELDSON SCHOOL
    33 CENTRAL PARK WEST
    NEW YORK,NY10023     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    WILDLIFE CONSERVATION SOCIETY
    2300 SOUTHERN BOULEVARD
    BRONX,NY10460     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    BROOKLYN COMMUNITY FOUNDATION
    1000 DEAN STREET SUITE 307
    BROOKLYN,NY11238     		NONE PUBLIC CHARITIES GENERAL PURPOSE 40,000
    THE CHILDREN'S HEARING
    575 8TH AVE SUITE 1201
    NEW YORK,NY10018     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    JAZZ FOUNDATION OF AMERICA INC
    322 WEST 48TH STREET FLOOR 6
    NEW YORK,NY10036     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    HARLEM LINK CHARTER SCHOOL
    20 WEST 112TH STREET ROOM 357
    NEW YORK,NY10026     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    BUCKMINSTER FULLER I
    2261 MARKET STREET 469
    SAN FRANCISCO,CA94114     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    UNTITLED THEATER COMPANY #61 LTD
    215 WEST 95TH STREET SUITE 11G
    NEW YORK,NY10025     		NONE PUBLIC CHARITIES GENERAL PURPOSE 15,000
    WETHERSFIELD FOUNDATION
    257 PUGSLEY HILL RD
    AMENIA,NY12501     		NONE PUBLIC CHARITIES GENERAL PURPOSE 15,000
    APEX FOR YOUTH INC
    110 WALL ST
    NEW YORK,NY10005     		NONE PUBLIC CHARITIES GENERAL PURPOSE 10,000
    ROSA VERA FUND
    910 E AVENUE
    DOUGLAS,AZ85607     		NONE PUBLIC CHARITIES GENERAL PURPOSE 5,000
    MARY MCDOWELL FRIENDS SCHOOL
    20 BERGEN STREET
    BROOKLYN,NY11201     		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
    THE HAMNER THEATER
    1408 CROZET AVE
    CROZET,VA22932     		NONE PUBLIC CHARITIES GENERAL PURPOSE 10,000
    WNET DEPOSITORY
    LIBRARY OF CONGRESS
    WASHINGTON,DC20540     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    SIDWELL FRIENDS SCHOOL
    3825 WISCONSIN AVE
    WASHINGTON,DC20016     		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000
    NATIONAL TRUST FOR HISTORIC PRESERVATION
    2600 VIRGINA AVENUE
    WASHINGTON,DC20037     		NONE PUBLIC CHARITIES GENERAL PURPOSE 20,000
    THE NATURE CONSERVANCY
    4245 N PAIRFAX DRIVE SUITE 100
    ARLINGTON,VA22203     		NONE PUBLIC CHARITIES GENERAL PURPOSE 150,000
    UNITED WAY OF SOUTHE
    701 N FAIRFAX STREET
    ALEXANDRIA,VA22314     		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000
    TOWN OF EAST HAMPTON
    159 PANTIGO ROAD
    EAST HAMPTON,NY11937     		NONE PUBLIC CHARITIES GENERAL PURPOSE 5,000
    Total .................................bullet 3a 7,001,167
    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 ...........     		    14 785  
    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 ............     		523000 159,421 18 7,459,266  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aTHRU PARTNERSHIP INVESTMENTS     		523000 522,844 18 0  
    bOTHER ORDINARY INCOME FROM INVESTMENTS     18 7,045,127  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 682,265 14,897,472 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    15,579,737
    (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:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 88,000 22,000   66,000

    TY 2021 AllOthProgRltdInvestmentsSch
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Category Amount
    NONE 0

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADVANCED DRAINAGE SYSTEMS IN 125,364 235,369
    AMERICAN EAGLE OUTFITTERS 328,218 260,138
    AMPHENOL CORP-CL A 47,360 304,098
    AVERY DENNISON CORP 179,605 202,060
    BROWN & BROWN INC 237,549 574,117
    CDW CORP/DE 220,092 557,002
    CERIDIAN HCM HOLDING INC 285,019 514,257
    CINCINNATI FINANCIAL CORP 100,959 187,415
    CORE & MAIN INC-CLASS A 83,381 108,283
    COUPA SOFTWARE INC 135,262 115,377
    DUCKHORN PORTFOLIO INC/THE 46,720 53,192
    ENTEGRIS INC 188,835 402,298
    EVERBRIDGE INC 160,002 136,141
    FIRST REPUBLIC BANK/CA 32,701 281,060
    GODADDY INC - CLASS A 131,087 256,532
    JACOBS ENGINEERING GROUP INC 127,366 287,231
    LIVE NATION ENTERTAINMENT IN 160,180 272,654
    MARAVAI LIFESCIENCES HLDGS-A 313,004 353,804
    MARTIN MARIETTA MATERIALS 269,811 609,239
    P MORNINGSTAR INC 449,381 704,841
    PAYCHEX INC 46,086 244,472
    PERKINELMER INC 28,743 303,198
    POOL CORP 113,909 209,986
    POWERSCHOOL HOLDINGS INC-A 104,562 74,576
    REPLIGEN CORP 51,960 115,205
    SALA INC 96,124 162,448
    SERVICE CORP INTERNATIONAL 54,349 113,442
    SS&C TECHNOLOGIES HOLDINGS 350,521 572,958
    TENABLE HOLDINGS INC 380,225 384,463
    TORO CO 120,751 203,517
    TRACTOR SUPPLY COMPANY 100,659 235,021
    TRANSUNION 256,882 321,945
    ULTA BEAUTY INC 21,826 52,780
    WILLIAMS-SONOMA INC 77,998 210,059
    STERIS PLC 169,551 276,514
    CLARIVATE PLC 83,141 157,960
    ALPHABET INC-CL C 91,899 986,714
    AMAZON.COM INC 222,470 630,190
    ANTHEM INC 203,302 319,843
    CAPITAL ONE FINANCIAL CORP 68,624 145,090
    CHARTER COMMUNICATIONS INC-A 117,741 295,342
    CITIGROUP INC 293,895 367,292
    COMCAST CORP-CLASS A 253,564 397,758
    DISH NETWORK CORP-A 168,959 163,108
    GENERAL MOTORS CO 106,864 183,746
    GENERAL ELECTRIC CO 267,980 373,157
    GOLDMAN SACHS GROUP INC 122,079 406,268
    HILTON WORLDWIDE HOLDINGS IN 136,746 320,715
    IAC/INTERACTIVECORP 52,093 51,500
    LIBERTY BROADBAND-C 130,446 185,265
    MARRIOTT INTERNATIONAL -CL A 179,969 429,459
    META PLATFORMS INC-CLASS A 388,768 666,982
    MICROSOFT CORP 68,436 929,588
    MORGAN STANLEY 148,801 393,818
    NETFLIX INC 294,740 451,830
    UNITEDHEALTH GROUP INC 39,349 423,806
    VISA INC-CLASS A SHARES 99,497 108,355
    WALT DISNEY CO/THE 89,141 157,058
    WELLS FARGO & CO 138,884 264,418
    WOODWARD INC 50,316 57,576
    AERCAP HOLDINGS NV 89,756 116,317
    AON PLC-CLASS A 86,527 385,618
    EVOLUTION AB 51,967 57,327
    LYONDELLBASELL INDU-CL A 33,988 78,764
    PROSUS NV -SPON ADR 95,585 89,777
    SAFRAN SA-UNSPON ADR 144,863 136,554
    WILLIS TOWERS WATSON PLC 126,934 135,607
    NASPERS LTD-N SHS SPON ADR 46,592 37,510
    ACTIVISION BLIZZARD INC 583,246 507,291
    ALPHABET INC-CL C 102,502 491,910
    APPLE INC 90,855 130,514
    BEST BUY CO INC 584,848 523,240
    COCA-COLA CO/THE 337,810 417,431
    CONSTELLATION BRANDS INC-A 504,160 555,899
    DICK'S SPORTING GOODS INC 92,797 103,491
    DOMINO'S PIZZA INC 132,647 191,872
    KELLOGG CO 482,631 494,424
    MCDONALD'S CORP 91,947 261,368
    META PLATFORMS INC-CLASS A 429,810 534,797
    MICROSOFT CORP 40,646 277,464
    PEPSICO INC 461,535 603,642
    PROCTER & GAMBLE CO/THE 318,695 421,219
    QUALCOMM INC 423,595 653,760
    RALPH LAUREN CORP 641,685 668,588
    SONOS INC 200,365 188,485
    STARBUCKS CORP 130,960 143,288
    TARGET CORP 285,459 451,308
    UNITED PARCEL SERVICE-CL B 513,245 667,669
    VISA INC-CLASS A SHARES 511,612 530,940
    WALMART INC 488,463 661,957
    WILLIAMS-SONOMA INC 214,492 463,416
    DIAGEO PLC-SPONSORED ADR 99,936 217,939
    NESTLE SA-SPONS ADR 189,514 382,508

    TY 2021 InvestmentsOtherSchedule2
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CITADEL KENSINGTON GLOBAL STRATEGIES FUND LTD AT COST 4,257,007 6,692,943
    CADIAN OFFSHORE FUND LTD AT COST 2,932,655 7,099,001
    ELLIOT INTERNATIONAL LTD AT COST 3,000,000 9,581,221
    GLENVIEW CAPITAL PARTNERS LTD AT COST 1,017,115 472
    ABSOLUTE RETURN STRATEGIES AT COST 5,500,000 4,814,453
    HEDGED EQUITY STRATEGIES AT COST 5,000,000 4,663,550
    HIGHFIELD CAPITAL LTD AT COST 0 684
    CONCENTRATED EQUITY STRATEGIES AT COST 2,039,464 4,006,143
    MILLENNIUM INTERNATIONAL LTD AT COST 2,493,689 7,103,101
    ACQUISITION FUND FIVE LP AT COST 129,236 123,282
    ACQUISITION FUND 2006 LP AT COST 88,766 69,138
    ACQUISITION FUND 2007 LP AT COST 173,229 187,914
    ACQUISITION FUND 2008 LP AT COST 255,773 215,947
    ASIA ACQUISITION FUND LP AT COST 62,187 97,041
    EP ASIA EQUITY STRATEGIES (FKA ASIA INVESTMENTS LP) AT COST 11,603,878 11,603,878
    OVERSEAS ACQUISITION FUND FOUR LP AT COST 0 47,745
    REAL ESTATE ACQUISITION FUND THREE LP AT COST 284,637 285,674
    REAL ESTATE ACQUISITION FUND TWO LP AT COST 143,826 151,339
    EP ACQUISITION FUND LP AT COST 1,725,316 2,895,896
    ENERGY OPPORTUNITY FUND LP AT COST 2,575,151 2,550,411
    BAYOU CITY ENERGY II, LP AT COST 450,908 2,086,198
    THE CHILDREN'S INVESTMENT FUND AT COST 1,632,762 13,147,561
    PSF PARTNERS AT COST 2,601,429 2,545,867
    JUNTO OFFSHORE FUND LTD. AT COST 4,000,000 5,014,874
    INSTITUTIONAL DIRECT LENDING FUND THREE LTD AT COST 1,500,000 3,274,761
    LEGACY VENTURE IX AT COST 2,138,135 3,500,491
    PEAK ROCK CAPITAL CREDIT FUND II-A AT COST 217,268 240,468
    PEAK ROCK CAPITAL FUND II-A AT COST 833,389 945,211
    PEAK ROCK CAPITAL FUND III-A AT COST 398,750 401,358
    INSTITUTIONAL DIST. OPP FUND LTD AT COST 4,625,000 6,189,799
    EP LIFE SCIENCES AT COST 9,000,000 14,056,705
    EP PRIVATE CREDIT STRATEGIES LT AT COST 6,025,887 6,025,887
    EP PRIVATE EQUITY STRATEGIES AT COST 4,173,991 4,173,991
    TIGER GLOBAL LTD AT COST 4,428,040 4,428,040
    OWL VENTURES OPPORTUNITY FUND I AT COST 217,183 281,972
    OWL VENTURES IV AT COST 612,719 775,697
    EP TFF LTD AT COST 2,678,183 2,678,183

    TY 2021 LegalFeesSchedule
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,500 0   1,500


    TY 2021 OtherExpensesSchedule
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 184 184   0
    CUSTODY FEES - JPMORGAN 18,915 18,915   0
    OUTSIDE CONSULTANTS 257,279 64,320   192,959
    NYS FILING FEES 120 0   120
    THRU PARTNERSHIP INVESTMENTS 604,433 604,433   0
    INSURANCE 2,250 0   2,250


    TY 2021 OtherIncomeSchedule2
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    THRU PARTNERSHIP INVESTMENTS 522,844 0 522,844
    OTHER ORDINARY INCOME FROM INVESTMENTS 7,045,127 7,045,127 7,045,127


    TY 2021 OtherIncreasesSchedule
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Description Amount
    OTHER CHANGES IN FUND BALANCES 2,759,338


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 294,309 294,309   0
    COMPUTER EXPENSES 27,765 27,765   0


    TY 2021 TaxesSchedule
    Name:
    MORRIS AND ALMA SCHAPIRO FUND
    EIN:
    13-6089254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES - JPMORGAN 1,912 1,912   0
    FOREIGN TAXES - THRU PARTNERSHIP INVESTMENTS 11,733 11,733   0
    FEDERAL EXCISE TAXES 95,000 0   0