Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
The Ajana Foundation
 
% GMA FOUNDATIONS
Number and street (or P.O. box number if mail is not delivered to street address)2 Liberty Square ste 500
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Boston, MA02109
A Employer identification number

13-7299038
B Telephone number (see instructions)

(617) 426-7080
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$27,278,144J 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) 40,254
2 Check bullet.............
3 Interest on savings and temporary cash investments 353 353  
4 Dividends and interest from securities... 369,023 369,023  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,245,881
b Gross sales price for all assets on line 6a 6,997,095
7 Capital gain net income (from Part IV, line 2)... 4,783,619
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 1,028 980  
12 Total. Add lines 1 through 11........ 2,656,539 5,153,975  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 40,000 0 0 40,000
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 89,341 71,443   17,898
17 Interest............... 826 826    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 104,755 69,925    
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 63,972 26,287   37,685
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 298,894 168,481 0 95,583
25 Contributions, gifts, grants paid....... 888,500 888,500
26 Total expenses and disbursements. Add lines 24 and 25 1,187,394 168,481 0 984,083
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,469,145
b Net investment income (if negative, enter -0-) 4,985,494
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,020,327 768,794 768,794
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) 931,598 Click to see attachment1,192,727 1,183,530
b Investments—corporate stock (attach schedule)....... 13,423,296 Click to see attachment11,617,067 18,923,975
c Investments—corporate bonds (attach schedule)....... 1,239,021 Click to see attachment969,584 956,279
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,207,296 Click to see attachment4,742,511 5,445,566
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) 17,821,538 19,290,683 27,278,144
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 17,821,538 19,290,683
29 Total net assets or fund balances (see instructions)..... 17,821,538 19,290,683
30 Total liabilities and net assets/fund balances (see instructions). 17,821,538 19,290,683
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
17,821,538
2
Enter amount from Part I, line 27a .....................
2
1,469,145
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
19,290,683
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
19,290,683
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 Publicly-traded Securities      
b Passthrough K1 Capital Gain/(Loss)      
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 6,997,095   2,229,637 4,767,458
b       16,161
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       4,767,458
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 4,783,619
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 69,298
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 69,298
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 32,760
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 38,700
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 71,460
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 2,162
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet2,162 RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletGMA FOUNDATIONS Telephone no.bullet (617) 426-7080

    Located atbullet2 LIBERTY SQUAREBostonMA ZIP+4bullet02109
    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
    Daphne Hoch Cunningham Trustee
    1.0     		0 0 0
    2 Liberty Square ste 500
    Boston,MA02109
    Roland E Hoch Trustee
    1.0     		0 0 0
    2 Liberty Square ste 500
    Boston,MA02109
    Steven G Hoch Trustee
    1.0     		0 0 0
    2 Liberty Square ste 500
    Boston,MA02109
    Alix M Laager Trustee
    1.0     		0 0 0
    2 Liberty Square ste 500
    Boston,MA02109
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    22,045,485
    b
    Average of monthly cash balances.......................
    1b
    1,069,583
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,156,808
    d
    Total (add lines 1a, b, and c).........................
    1d
    26,271,876
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    26,271,876
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    394,078
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    25,877,798
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,293,890
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    1,293,890
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    69,298
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    69,298
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,224,592
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,224,592
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,224,592
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,224,592
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 969,937
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 984,083
    a Applied to 2020, but not more than line 2a 969,937
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 14,146
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		1,210,446
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021.... 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    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
    826 NATIONAL
    1388 HAIGHT ST 245
    SAN FRANCISCO,CA94117     		N/A PC General & Unrestricted 2,000
    826 VALENCIA
    826 VALENCIA ST
    SAN FRANCISCO,CA94110     		N/A PC General & Unrestricted 2,500
    AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC
    9450 SW GEMINI DR PMB 62825
    BEAVERTON,OR97008     		N/A PC General & Unrestricted 500
    ARTISTS FOR HUMANITY INC
    100 WEST SECOND ST - 2ND FLOOR
    BOSTON,MA02127     		N/A PC General & Unrestricted 1,000
    BRIDGE OVER TROUBLED WATERS INC
    47 WEST ST
    BOSTON,MA02111     		N/A PC General & Unrestricted 3,500
    CAMPAIGN FOR THE WESTCHESTER CHILDRENS MUSEUM INC
    PO BOX 397
    RYE,NY10580     		N/A PC General & Unrestricted 1,000
    CARITAS OF AUSTIN
    611 NECHES ST
    AUSTIN,TX78701     		N/A PC General & Unrestricted 5,000
    CENTER FOR REPRODUCTIVE RIGHTS INC
    199 WATER ST 22ND FLOOR
    NEW YORK,NY10038     		N/A PC General & Unrestricted 1,000
    CITY YEAR INC
    287 COLUMBUS AVE
    BOSTON,MA02116     		N/A PC General & Unrestricted 1,000
    CLEAN AIR TASK FORCE INC
    114 STATE ST 6TH FL
    BOSTON,MA02109     		N/A PC General & Unrestricted 1,000
    COALITION FOR RAINFOREST NATIONS SECRETARIAT
    52 VANDERBILT AVE 14TH FL
    NEW YORK,NY10017     		N/A PC General & Unrestricted 1,000
    COMMONWEALTH KITCHEN INC
    196 QUINCY ST
    DORCHESTER,MA02121     		N/A PC General & Unrestricted 51,500
    COMMUNITIES IN SCHOOLS OF NORTH TEXAS INC
    PO BOX 295543
    LEWISVILLE,TX75029     		N/A PC General & Unrestricted 500
    CONGRESS FOR THE NEW URBANISM
    1720 N ST NW
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 1,000
    CRADLES TO CRAYONS INC
    281 NEWTONVILLE AVE
    NEWTON,MA02460     		N/A PC General & Unrestricted 2,000
    CURTS CAFE
    2922 CENTRAL ST
    EVANSTON,IL60201     		N/A PC General & Unrestricted 2,500
    DANA FARBER CANCER INSTITUTE INC
    PO BOX 849168
    BOSTON,MA02284     		N/A PC General & Unrestricted 3,000
    DOUG COOMBS FOUNDATION
    PO BOX 7665
    JACKSON,WY83002     		N/A PC General & Unrestricted 1,000
    EQUAL JUSTICE INITIATIVE
    122 COMMERCE ST
    MONTGOMERY,AL36104     		N/A PC General & Unrestricted 2,000
    FALMOUTH EDUCATION FOUNDATION INC
    PO BOX 1061
    FALMOUTH,MA02541     		N/A PC General & Unrestricted 1,000
    FIDELITY INVESTMENTS CHARITABLE GIFT FUND
    PO BOX 770001
    CINCINNATI,OH45277     		N/A PC The Swiss Dragon Fund, Highmount Donor Advised Fund, Elephant Rock Donor Advised Fund, mandala FUND 39,000
    FIRST NATIONS DEVELOPMENT INSTITUTE
    2432 MAIN ST FLOOR 2
    LONGMONT,CO80501     		N/A PC General & Unrestricted 1,000
    FOOD RUNNERS
    2579 WASHINGTON ST
    SAN FRANCISCO,CA94115     		N/A PC General & Unrestricted 1,000
    FOUNDATION FOR THE HOMELESS INC
    PO BOX 140946
    AUSTIN,TX78714     		N/A PC General & Unrestricted 5,000
    FRIDAY NIGHT SUPPER PROGRAM INC
    351 BOYLSTON ST
    BOSTON,MA02116     		N/A PC General & Unrestricted 1,000
    GIVEDIRECTLY INC
    CHURCH STREET STA PO BOX 3221
    NEW YORK,NY10008     		N/A PC General & Unrestricted 2,000
    GROW CYCLING FOUNDATION CORPORATION
    5550 N CENTRAL EXPY 176
    MCKINNEY,TX75070     		N/A PC General & Unrestricted 1,000
    HARLEM LACROSSE AND LEADERSHIP CORPORATION
    PO BOX 708
    NEW YORK,NY10030     		N/A PC General & Unrestricted 1,000
    HER JUSTICE INC
    100 BROADWAY 10TH FL
    NEW YORK,NY10005     		N/A PC General & Unrestricted 1,000
    HIGH FIVES NONPROFIT FOUNDATION
    10775 PIONEER TRL STE 108
    TRUCKEE,CA96161     		N/A PC General & Unrestricted 1,000
    HISPANIC RESOURCE CENTER OF LARCHMONT MAMARONECK I
    134 CENTER AVE
    MAMARONECK,NY10543     		N/A PC General & Unrestricted 1,000
    HOPE COMMUNITY SERVICES INC
    50 WASHINGTON BLVD
    NEW ROCHELLE,NY10801     		N/A PC General & Unrestricted 1,000
    INDIVISIBLE CIVICS INC
    PO BOX 43884
    WASHINGTON,DC20010     		N/A PC General & Unrestricted 1,000
    JANE GOODALL INSTITUTE FOR WILDLIFE RESEARCH EDUCA
    1120 20TH ST NW STE 520S
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 1,000
    KEEP AUSTIN BEAUTIFUL INC
    55 N I35 STE 215
    AUSTIN,TX78702     		N/A PC General & Unrestricted 1,000
    LEAGUE OF WOMEN VOTERS EDUCATION FUND
    1233 20TH ST NW STE 500
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 1,000
    LOVIN SPOONFULS INC
    189 WELLS AVE STE 100
    NEWTON,MA02459     		N/A PC General & Unrestricted 100,000
    MCGAW YMCA
    1000 GROVE ST
    EVANSTON,IL60201     		N/A PC General & Unrestricted 2,000
    MORE THAN WORDS INC
    56 FELTON ST
    WALTHAM,MA02453     		N/A PC General & Unrestricted 2,000
    NATIONAL OUTDOOR LEADERSHIP SCHOOL
    284 LINCOLN ST
    LANDER,WY82520     		N/A PC General & Unrestricted 3,000
    NATIONAL PARK FOUNDATION
    1110 VERMONT AVE NW SUITE 200
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 2,000
    NEW YORK IMMIGRATION COALITION INC
    131 W 33RD ST STE 610
    NEW YORK,NY10001     		N/A PC General & Unrestricted 500
    OCEAN CONSERVANCY INC
    1300 19TH ST NW 8TH FLOOR
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 1,000
    ONE FAMILY INC
    423 W BROADWAY STE 402
    SOUTH BOSTON,MA02127     		N/A PC General & Unrestricted 2,000
    PLANNED PARENTHOOD FEDERATION OF AMERICA INC
    123 WILLIAMS ST 10TH FL
    NEW YORK,NY10038     		N/A PC General & Unrestricted 2,000
    PRESERVATION WORCESTER INC
    61 HARVARD ST
    WORCESTER,MA01609     		N/A PC General & Unrestricted 2,000
    PRESIDENT AND FELLOWS OF HARVARD COLLEGE - CENTER
    PO BOX 419209
    BOSTON,MA02241     		N/A PC General & Unrestricted 75,000
    PROTECT OUR WINTERS
    4676 BROADWAY ST
    BOULDER,CO80304     		N/A PC General & Unrestricted 1,000
    PVDPERIOD
    28 MEMORIAL RD
    PROVIDENCE,RI02906     		N/A PC General & Unrestricted 500
    REFED INC
    PO BOX 1531
    LONG IS CITY,NY11101     		N/A PC General & Unrestricted 100,000
    RIZE MASSACHUSETTS FOUNDATION INC
    101 HUNTINGTON AVE MS 0116 1300
    BOSTON,MA02199     		N/A PC General & Unrestricted 2,000
    ROSIES PLACE INC
    889 HARRISON AVE
    BOSTON,MA02118     		N/A PC General & Unrestricted 1,000
    SCHOOL ON WHEELS OF MASSACHUSETTS INC
    100 LAUREL ST STE 121
    E BRIDGEWTR,MA02333     		N/A PC General & Unrestricted 1,000
    SEND IT
    10075 W RIVER ST 204
    TRUCKEE,CA96161     		N/A PC General & Unrestricted 2,500
    SHANE MCCONKEY FOUNDATION
    PO BOX 3666
    OLYMPIC VLY,CA96146     		N/A PC General & Unrestricted 2,000
    SOUTH EAST CONSORTIUM FOR SPECIAL SERVICES INC
    740 W BOSTON POST RD
    MAMARONECK,NY10543     		N/A PC General & Unrestricted 1,300
    SPECIAL OLYMPICS NEW YORK INC - HUDSON VALLEY REGI
    94 NEW KRANER RD STE 208
    ALBANY,NY12203     		N/A PC General & Unrestricted 200
    STEM ALLIANCE OF LARCHMONT-MAMARONECK INC
    PO BOX 528
    LARCHMONT,NY10538     		N/A PC General & Unrestricted 4,000
    TEAM IMPACT
    500 VICTORY RD 4TH FL
    QUINCY,MA02171     		N/A PC General & Unrestricted 500
    THE BHUTAN FOUNDATION
    1050 CONNECTICUT AVE NW 66013
    WASHINGTON,DC20035     		N/A PC Nomad Health Camps 100,000
    THE BHUTAN FOUNDATION
    1050 CONNECTICUT AVE NW 66013
    WASHINGTON,DC20035     		N/A PC General & Unrestricted 1,500
    THE EDIBLE SCHOOLYARD PROJECT - DBA CHEZ PANISSE F
    1517 SHATTUCK AVE
    BERKELEY,CA94709     		N/A PC General & Unrestricted 2,000
    THE GREATER BOSTON FOOD BANK INC
    70 S BAY AVE
    BOSTON,MA02118     		N/A PC General & Unrestricted 52,000
    THE STATION FOUNDATION
    1627 W MAIN STE 258
    BOZEMAN,MT59715     		N/A PC General & Unrestricted 500
    THE URBAN FARMING INSTITUTE OF BOSTON INC
    PO BOX 260371
    MATTAPAN,MA02126     		N/A PC General & Unrestricted 80,000
    THIRD SECTOR NEW ENGLAND INC
    89 S ST STE 700
    BOSTON,MA02111     		N/A PC MA Food System Collaborative Fund, New Hires FUND and General Support 85,000
    THOMPSON ISLAND OUTWARD BOUND EDUCATION CENTER INC
    PO BOX 127
    BOSTON,MA02127     		N/A PC General & Unrestricted 1,000
    TREES THAT FEED FOUNDATION
    1200 HILL RD
    WINNETKA,IL60093     		N/A PC General & Unrestricted 10,000
    TWLOHA INC
    PO BOX 2203
    MELBOURNE,FL32902     		N/A PC General & Unrestricted 1,000
    URBAN FOOD INITIATIVE
    420 WASHINGTON ST
    DORCHESTER,MA02124     		N/A PC Capital Campaign 100,000
    WESTCHESTER ARC FOUNDATION INC
    265 SAW MILL RIVER RD
    HAWTHORNE,NY10532     		N/A PC General & Unrestricted 1,000
    WOODS HOLE OCEANOGRAPHIC INSTITUTION
    266 WOODS HOLE RD MS 40
    WOODS HOLE,MA02543     		N/A PC General & Unrestricted 2,500
    WORLD CENTRAL KITCHEN INCORPORATED
    200 MASSACHUSETTS AVE NW 7TH FL
    WASHINGTON,DC20001     		N/A PC General & Unrestricted 1,000
    WORLD RESOURCES INSTITUTE
    10 G ST NE
    WASHINGTON,DC20002     		N/A PC General & Unrestricted 500
    Total .................................bullet 3a 888,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 353  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 2,245,881  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss     		    14 1,028  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   2,616,285  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,616,285
    (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
    The Ajana Foundation
     
    Employer identification number

    13-7299038
    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
    The Ajana Foundation
          		Employer identification number
    13-7299038
    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
    Lisina M Hoch Revocable Trust
    39 Matthiessen Park
     
    Irvington, NY10533

    		$ 40,254


    (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.)
    (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.)
    (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
    The Ajana Foundation
          		Employer identification number

    13-7299038
    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
    1
    		 HIGHMOUNT OLYMPIC FD, LLC HMNTOLYMPIC, 1 sh. $ 40,254 2021-01-01
    (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
    The Ajana Foundation
          		Employer identification number

    13-7299038
    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


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    TY 2021 DepreciationSchedule
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AGILENT TECHNOLOGIES INC NOTE 20,133 19,600
    ALEXANDRIA REAL ESTATE - 4.900 24,444 24,048
    AMERICAN TOWER CORP - 3.125% - 21,036 20,950
    AMPHENOL CORP - 2.800% - 02/15 20,739 20,629
    BANK NOVA SCOTIA - 0.650% - 07 19,982 19,753
    BK OF AMERICA CORP SER N MTN - 35,023 34,582
    BRUNSWICK CORP - 2.400% - 08/1 24,953 23,999
    CITIGROUP INC - 1.678% - 05/15 19,999 20,223
    CLOROX CO - 1.800% - 05/15/203 19,935 19,403
    CNH EQUIP TR 2021-B SER 2021-B 24,999 24,461
    CONSOLIDATED EDISON CO N Y INC 10,723 10,765
    CROWDSTRIKE HLDGS INC NOTE - 3 10,098 9,875
    CROWN CASTLE INTL - 3.300% - 0 20,405 21,118
    CVS CAREMARK CORP NOTE - 4.300 33,587 33,690
    EQUINIX INC NOTE CALL - 2.500% 21,894 22,010
    EUROPEAN INVESTMENT BANK - 2.5 71,296 67,689
    FORD - 2.415% - 06/01/2050 20,163 18,974
    FORD MTR CO DEL NT - 3.250% - 10,008 10,240
    FORTIS INC. SER. B - 3.055% - 21,914 20,830
    GOLDMAN SACHS GROUP INC NOTE - 20,013 19,616
    HASBRO INC - 3.900% - 11/19/20 22,187 22,071
    INTERNATIONAL BK FOR RECON & D 119,956 118,044
    JB HUNT - 3.875% - 03/01/2026 21,424 21,752
    JPMORGAN CHASE & CO - 0.653% - 20,043 19,908
    MARRIOTT INTL INC NEW SER AA N 21,743 22,446
    MICRON TECHNOLOGY INC NOTE - 2 20,000 20,023
    MORGAN STANLEY - 0.864% - 10/2 20,044 19,720
    NEXTERA ENERGY CAP HLDGS INC S 10,340 10,659
    PERKINELMER INC - 2.250% - 09/ 19,975 19,470
    PHYSICIANS RLTY LP - 2.625% - 19,981 19,902
    PVH CORPORATION SER B NOTE - 4 22,306 21,790
    TOYOTA AUTO REC OWN SER 2021-B 19,998 19,807
    V F CORP NOTE - 2.950% - 04/23 20,575 20,765
    VERISK ANALYTICS INC - 4.000% 33,076 32,246
    VERIZON - 3.875% - 02/08/2029 34,125 33,273
    VERIZON COMMUNICATIONS - 0.000 24,997 25,187
    VERIZON OWNER TRUST SER - 2.37 2,555 2,568
    VMWARE INC NOTE CALL - 1.800% 24,939 24,350
    XYLEM INC NOTE CALL MAKE WHOLE 19,976 19,843

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABCAM ADR 21,209 21,784
    ACCOLADE ORD SHS 26,898 20,640
    ADOBE SYSTEMS, INC 68,431 117,381
    ADVANCED MEDICAL OPTICS 23,802 36,568
    ALIBABA GROUP HOLDING LTD 17,907 11,879
    ALIGNMENT HEALTHCARE INC 24,960 16,703
    ALPHABET INC CL A 115,238 315,777
    AMAZON COM 105,047 236,738
    AMERICAN TOWER REIT INC 127,394 159,998
    ANALOG DEVICES INC 64,298 92,982
    ANGI HOMESERVICES INC 37,963 28,385
    APPLE INC 60,155 195,327
    ASCENDIS PHARMA 32,346 32,691
    ASPEN TECHNOLOGY, INC 17,140 25,722
    AUTODESK, INC 92,927 159,716
    AVDX 35,528 21,039
    AZEK COMPANY INC CL A 53,153 60,667
    BANCORP INC 30,180 45,735
    BIO RAD LABS INC CL A 43,563 84,624
    BIOHAVEN PHARMACEUTICAL HOLDIN 19,664 39,138
    BLACKLINE INC 22,659 32,201
    BLOCK INC 85,884 70,257
    BLUEPRINT MEDICINES CORPORATIO 25,333 31,919
    BOOKING HOLDINGS INC 20,186 23,992
    BRIGHT HORIZONS FAMILY SOLUTIO 50,873 58,534
    BROOKFIELD GLOBAL LISTED REAL 200,000 252,195
    BROWN ADVISORY GLOBAL LEADERS 924,999 1,456,611
    BROWN ADVISORY SMALL CAP CL I 285,795 344,081
    BROWN ADVISORY SOMERSET EMERGI 523,925 682,528
    C T S CP 30,268 37,675
    CADENCE DESIGN SYSTEMS INC 80,227 124,295
    CARRIER GLOBAL 5,210 12,204
    CHARLES RIV LABORATORIES INTL 19,672 45,967
    CHARLES SCHWAB CORP 14,833 29,435
    CHOICE HOTELS INTERNATIONAL IN 19,740 38,218
    CMC MATERIALS INC 42,233 54,440
    COMFORT SYSTEMS USA INC 40,685 71,435
    DANAHER CORP 76,353 166,808
    DENNYS CORPORATION 23,764 39,056
    DFA INTERNATIONAL SUSTAINABILI 1,004,999 1,357,671
    DIGITALBRIDGE GROUP INC CL A 46,505 57,985
    DYNATRACE 83,333 123,899
    EASTERN BANKSHARES INC 63,803 67,711
    EASTGROUP PROPERTIES INC 40,045 72,684
    ECHOSTAR HOLDING CORPORATION 46,496 46,719
    ECOLAB INC 71,517 84,687
    EDWARDS LIFESCIENCES 92,286 159,606
    EMERGING MARKETS SUSTAINABILIT 350,000 500,154
    ENPHASE ENERGY ORD SHS 48,811 48,479
    ENVESTNET INC 17,028 16,820
    ESSENTIAL PROPERTIES REALTY TR 15,125 29,810
    ETSY INC 32,462 75,315
    EVO PAYMENTS INC 16,162 18,714
    FEDERAL SIGNAL CORP 38,144 55,995
    FORTIVE CORPORATION 84,112 104,670
    FULLER H B CO 39,734 46,737
    GENPACT LIMITED 21,610 29,778
    HEALTHEQUITY INC 42,817 28,756
    HOME DEPOT INC 70,237 179,699
    IAA INC 46,949 56,897
    IDEXX CORP 57,800 141,569
    INARI MEDICAL INC 17,770 27,564
    INGEVITY CORPORATION 59,470 51,767
    INTUIT 68,877 170,453
    JOHN BEAN TECH CORP 16,472 27,794
    JP MORGAN CHASE 47,360 63,340
    LITTELFUSE, INC 16,702 33,356
    MARVELL TECHNOLOGY, INC 34,619 125,548
    MASTERCARD INC 55,065 62,881
    MCGRATH RENTCORP 33,067 44,946
    MGIC INVESTMENT CORP 40,631 47,514
    MICROSOFT CORP 153,428 476,565
    MONOLITHIC POWER SYSTEMS, INC 35,174 107,546
    MSCI INC 70,832 104,770
    MUELLER WATER PRODUCTS INC 35,697 54,634
    NEOGENOMICS INC 12,384 15,354
    NESTLE SA - REG 2,399,072 4,926,058
    NEUROCRINE BIOSCIENCES, INC 23,662 17,715
    NEVRO CORP 25,167 13,944
    NEXSTAR MEDIA GROUP, INC 38,931 62,657
    NIKE INC-CL B 101,328 158,503
    NVIDIA CORP 71,192 144,702
    ONTO INNOVATION 39,779 87,159
    ORTHOPEDIATRICS CORP 26,870 36,934
    OTIS WORLDWIDE CORP 7,776 9,752
    OWENS AND MINOR INC 45,319 53,027
    PACIFIC PREMIER BANCORP INC 23,850 40,190
    PARNASSUS EQUITY INCOME FUND I 999,999 1,328,664
    PAYPAL HOLDINGS, INC 20,967 37,716
    PEPSICO INC 21,657 27,794
    PFIZER INC 34,515 59,050
    PRIMERICA, INC 36,116 47,054
    PROSPERITY BANC SHARES, INC 37,234 44,537
    PRUDENTIAL FINANCIAL 9.0% PREF 19,538 19,664
    SERVICE NOW 52,658 112,296
    SI BONE INC 25,149 18,634
    SIMPSON MANUFACTURING CO INC 15,313 29,066
    SITEONE LANDSCAPE SUPPLY INC 10,105 26,893
    SPROUTS FARMERS MARKET INC 56,182 66,275
    SPX CORPORATION 40,617 44,700
    STARBUCKS CORP COM 76,387 118,958
    T-MOBILE US INC 51,780 46,392
    THERMO FISHER SCIENTIFIC INC 69,940 149,462
    TJX COMPANIES INC 16,766 22,776
    TOPBUILD CORP 21,779 40,559
    TREEHOUSE FOODS INC 25,450 19,252
    TRISTATE CAPITAL HOLDINGS OLD 10,204 21,031
    UMB FINANCIAL CORPORATION 32,050 63,454
    UNITED RENTALS INC 12,680 33,229
    UNITEDHEALTH GROUP INC 89,120 172,736
    VERISK ANALYTICS, INC 100,912 142,270
    VERITEX HOLDINGS INC 29,242 56,846
    VISA INC 156,267 208,258
    W. P. CAREY INC 10,582 13,784
    WARBY PARKER ORD SHS CLASS A 17,180 14,480
    WEST PHARMA SVCS INC 46,450 135,544
    WEX, INC 38,610 32,290
    WOODWARD INC 9,804 13,354
    WORKIVA INC 19,764 65,897
    ZOETIS INC 58,292 113,474
    ZURN WATER SOLUTIONS 12,847 13,213

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    US Government Securities - End of Year Book Value:

    951,928
    US Government Securities - End of Year Fair Market Value:

    944,303
    State & Local Government Securities - End of Year Book Value:


    240,799
    State & Local Government Securities - End of Year Fair Market Value:


    239,227


    TY 2021 InvestmentsOtherSchedule2
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BAIN CAPITAL DOUBLE IMPACT FUN   184,803 188,971
    BROWN ADVISORY ALTERNATIVE STR   1,000,000 1,517,254
    BROWN ADVISORY GLOBAL- CL G   1,500,000 1,608,002
    BROWN ADVISORY GLOBAL - CL J   1,500,000 1,558,497
    HIGHMOUNT OLYMPIC FD, LLC   39,091 37,369
    MANNA TREE PARTNERS FUND I, L.   197,983 222,401
    MT NUTRITION II CAYMAN, LP   65,694 64,048
    ROSE AFFORDABLE HOUSING PRESER   254,940 249,024

    TY 2021 LegalFeesSchedule
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Document Review/Drafting 40,000     40,000


    TY 2021 OtherExpensesSchedule
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 32,500     32,500
    Bank Charges 38 38    
    K-1 Exp BAIN CAPITAL DOUBLE IM 14,078 14,078    
    K-1 Exp HIGHMOUNT OLYMPIC FD, 1,468 1,468    
    K-1 Exp MANNA TREE PARTNERS FU 6,100 6,100    
    K-1 Exp MT NUTRITION II CAYMAN 4,574 4,574    
    K-1 Exp ROSE AFFORDABLE HOUSIN 29 29    
    State or Local Filing Fees 750     750
    Storage Fee 4,435     4,435


    TY 2021 OtherIncomeSchedule2
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss BAIN CAPITAL DOUBLE IMPACT FUND II, L 131 83  
    K-1 Inc/Loss HIGHMOUNT OLYMPIC FD, LLC 541 541  
    K-1 Inc/Loss MANNA TREE PARTNERS FUND I, L.P 356 356  


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administration of Foundation 6,760     6,760
    Investment Management Services 71,443 71,443    
    Philanthropic Consulting Srvcs 11,138     11,138


    TY 2021 TaxesSchedule
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2021 32,700      
    990-PF Extension for 2020 2,130      
    Foreign Tax Paid 69,925 69,925