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 08-01-2021 , and ending 07-31-2022
Name of foundation
THE KAPLEN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 792
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TENAFLY, NJ07670
A Employer identification number

22-6048152
B Telephone number (see instructions)

(201) 227-0722
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$77,608,394J 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 895,731 895,731 895,731
4 Dividends and interest from securities... 774,214 774,214 774,214
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,716,955
b Gross sales price for all assets on line 6a 16,929,881
7 Capital gain net income (from Part IV, line 2)... 3,716,955
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 5,386,900 5,386,900 1,669,945
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 162,408 16,241   146,167
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 47,525     47,525
c Other professional fees (attach schedule).... Click to see attachment 212,916 212,916    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 150,514 1,276   149,238
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 102,216     102,216
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 675,579 230,433   445,146
25 Contributions, gifts, grants paid....... 6,932,389 6,932,389
26 Total expenses and disbursements. Add lines 24 and 25 7,607,968 230,433   7,377,535
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,221,068
b Net investment income (if negative, enter -0-) 5,156,467
c Adjusted net income (if negative, enter -0-)... 1,669,945
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............. 781,309 925,611 925,612
2 Savings and temporary cash investments......... 1,060,411 1,307,006 1,307,006
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) 6,534,282 Click to see attachment6,354,495 6,323,049
b Investments—corporate stock (attach schedule)....... 30,619,394 Click to see attachment28,005,909 39,651,439
c Investments—corporate bonds (attach schedule)....... 30,817,694 Click to see attachment30,426,800 29,399,288
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment2,000 Click to see attachment2,000 Click to see attachment2,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 69,815,090 67,021,821 77,608,394
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
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 69,815,090 67,021,821
29 Total net assets or fund balances (see instructions)..... 69,815,090 67,021,821
30 Total liabilities and net assets/fund balances (see instructions). 69,815,090 67,021,821
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
69,815,090
2
Enter amount from Part I, line 27a .....................
2
-2,221,068
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
67,594,022
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
572,201
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
67,021,821
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 525 APPLIED INDL TECHNOLOGIES INC P 2020-07-31 2021-10-12
b AUGUST 2021 - WEATHERBIE P 2020-07-31 2021-08-31
c 65 CARLISLE COMPANIES INC P 2020-07-31 2022-03-18
d SEPTEMBER 2021 - WEATHERBIE P 2020-07-31 2021-09-30
e 105 CARLISLE COMPANIES INC P 2020-07-31 2022-05-04
OCTOBER 2021 - WETHERBIE P 2020-07-31 2021-10-31
1200 CISCO SYSTEMS INC P 2020-07-31 2022-02-16
NOVEMBER 2021 - WEATHERBIE P 2020-07-31 2021-11-30
100 JOHNSON & JOHNSON P 2020-07-31 2022-05-16
DECEMBER 2021 - WEATHERBIE P 2020-07-31 2021-12-31
240 NESTLE SA P 2020-07-31 2022-05-16
JANUARY 2022 - WEATHERBIE P 2020-07-31 2022-01-31
391 3M COMPANY P 2020-07-31 2022-05-16
FEBRUARY 2022 - WEATHERBIE P 2020-07-31 2022-02-28
PASSED THROUGH JANUS K-1 P 2020-07-31 2022-07-31
MARCH 2022 - WEATHERBIE P 2020-07-31 2022-03-31
351K JPMORGAN CHASE P 2020-07-31 2022-01-18
APRIL 2022 - WEATHERBIE P 2020-07-31 2022-04-30
362K AT&T INC P 2020-07-31 2022-05-02
MAY 2022 - WEATHERBIE P 2020-07-31 2022-05-31
330K AT&T INC P 2020-07-31 2022-05-11
JUNE 2022 - WEATHERBIE P 2020-07-31 2022-06-30
2646 VANGUARD INST INDEX FUND P 2020-07-31 2022-04-20
JULY 2022 - WEATHERBIE P 2020-07-31 2022-07-31
35689 TB INTERNATIONAL VALUE FUND P 2020-07-31 2022-04-06
250K AT&T INC NOTE P 2018-08-13 2022-05-11
250K US TREASURY NOTE P 2017-12-11 2022-07-27
(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 49,975   22,868 27,107
b 948,420   619,204 329,216
c 15,930   7,851 8,079
d 1,402,646   289,401 1,113,245
e 28,661   12,683 15,978
502,430   408,609 93,821
64,501   22,540 41,961
1,038,125   726,536 311,589
17,837   6,142 11,695
851,183   121,908 729,275
29,590   4,405 25,185
821,170   715,668 105,502
58,648   17,895 40,753
334,568   350,139 -15,571
    179,143 -179,143
907,407   1,065,459 -158,052
351,000   351,973 -973
3,860,299   4,657,889 -797,590
362,000   360,190 1,810
342,105   615,891 -273,786
335,088   331,390 3,698
200,153   286,554 -86,401
1,000,000   278,915 721,085
263,375   248,846 14,529
1,000,000   1,012,023 -12,023
256,493   249,805 6,688
249,305   248,999 306
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       27,107
b       329,216
c       8,079
d       1,113,245
e       15,978
      93,821
      41,961
      311,589
      11,695
      729,275
      25,185
      105,502
      40,753
      -15,571
      -179,143
      -158,052
      -973
      -797,590
      1,810
      -273,786
      3,698
      -86,401
      721,085
      14,529
      -12,023
      6,688
      306
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,716,955
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 71,675
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 71,675
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 117,113
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 117,113
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 137
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 45,301
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet45,301 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
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ
    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
     
     
    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 ofbulletMARGARET KAPLEN Telephone no.bullet (201) 227-0722

    Located atbulletPO BOX 792TENAFLYNJ ZIP+4bullet07670
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MARGARET KAPLEN PRESIDENT
    40.00     		58,300 0 0
    PO BOX 792
    TENAFLY,NJ07670
    NANCY SUTHERLAND SECRETARY
    40.00     		100,108 0 0
    PO BOX 792
    TENAFLY,NJ07670
    PETER G TATE TRUSTEE
    1.00     		2,000 0 0
    PO BOX 792
    TENAFLY,NJ07670
    JAMES TATE TRUSTEE
    1.00     		2,000 0 0
    PO BOX 792
    TENAFLY,NJ07670
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    MA WEATHERBIE & CO INVESTMENT 112,254
    265 FRANKLIN STREET
    BOSTON,MA02110
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    85,449,458
    b
    Average of monthly cash balances.......................
    1b
    3,709,074
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    89,158,532
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    89,158,532
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,337,378
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    87,821,154
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    4,391,058
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    4,391,058
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    71,675
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    71,675
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,319,383
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,319,383
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    4,319,383
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 4,319,383
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 2,257,975
    b From 2017...... 1,182,697
    c From 2018...... 253,157
    d From 2019...... 2,087,060
    e From 2020...... 3,110,923
    f Total of lines 3a through e ........ 8,891,812
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 7,377,535
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 4,319,383
    e Remaining amount distributed out of corpus 3,058,152
    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 11,949,964
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		2,257,975
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		9,691,989
    10 Analysis of line 9:
    a Excess from 2017.... 1,182,697
    b Excess from 2018.... 253,157
    c Excess from 2019.... 2,087,060
    d Excess from 2020.... 3,110,923
    e Excess from 2021.... 3,058,152
    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
    ADLER APHASIA CENTER
    60 WEST HUNTER AVE
    MAYWOOD,NJ07607     		NONE PC GENERAL SUPPORT 76,000
    ALZHEIMER'S NEW JERSEY INC
    425 EAGLE ROCK AVE SUIT
    ROSELAND,NJ07068     		NONE PC GENERAL SUPPORT 1,000
    AMERICAN CANCER SOCIETY
    1851 OLD CUTHBERT RD
    CHERRY HILL,NJ08034     		NONE PC GENERAL SUPPORT 1,000
    AMERICAN HEART ASSOCIATION
    1 UNION STREET 301
    ROBBINSVILLE,NJ08691     		NONE PC GENERAL SUPPORT 1,000
    AMERICAN JEWISH COMMITTEE
    165 E 56TH STREET
    NEW YORK,NY10022     		NONE PC GENERAL SUPPORT 250,000
    AMERICAN LUNG ASSOCIATION
    PO BOX 7000
    ALBERT LEA,MN56007     		NONE PC GENERAL SUPPORT 150
    ANTI-DEFAMATION LEAGUE
    605 3RD AVENUE
    NEW YORK,NY10158     		NONE PC GENERAL SUPPORT 250,000
    BERGEN FAMILY SERVICES- HIPPY
    44 ARMORY ST
    ENGLEWOOD,NJ07631     		NONE PC GENERAL SUPPORT 15,000
    BERGEN PERFORMING ARTS CENTER INC
    30 NORTH VAN BRUNT ST
    ENGLEWOOD,NJ07631     		NONE PC GENERAL SUPPORT 200,000
    BERGEN VOLUNTEER CENTER
    64 PASSAIC STREET
    HACKENSACK,NJ07601     		NONE PC GENERAL SUPPORT 1,000
    BERGEN VOLUNTEER MEDICAL INITIATIVE
    75 ESSEX ST SUITE 100
    HACKENSACK,NJ07601     		NONE PC GENERAL SUPPORT 30,000
    BOYS TOWN JERUSALEM
    12 WEST 31ST ST STE 300
    NEW YORK,NY10001     		NONE PC GENERAL SUPPORT 10,000
    BRAIN AND BEHAVIOR RESEARCH FOUNDAT
    60 CUTTER MILL RD STE 40
    GREAT NECK,NY11021     		NONE PC GENERAL SUPPORT 30,000
    CENTER FOR FOOD ACTION
    192 W DEMAREST AVE
    ENGLEWOOD,NJ07631     		NONE PC GENERAL SUPPORT 40,000
    CENTER FOR HOPE AND SAFETY
    12 OVERLOOK AVE STE A
    ROCHELLE PARK,NJ07662     		NONE PC GENERAL SUPPORT 2,000
    CHATHAM SYNAGOGUE
    BOX 51 1536 RT 28
    CHATHAM,NY12037     		NONE PC GENERAL SUPPORT 5,000
    CHILDREN'S AID AND FAMILY SERVICES
    200 ROBIN ROAD
    PARAMUS,NJ07652     		NONE PC GENERAL SUPPORT 1,000
    CROHN'S & COLITIS FDN OF AMERICA I
    444 PARK AVE SOUTH 2ND
    NEW YORK,NY10016     		NONE PC GENERAL SUPPORT 1,000
    CTC ACADEMY
    29-01 BERKSHIRE RD
    FAIR LAWN,NJ07410     		NONE PC GENERAL SUPPORT 1,000
    DEBORAH HOSPITAL FOUNDATION
    20 PINE MILL ROAD
    BROWNS MILLS,NJ08015     		NONE PC GENERAL SUPPORT 5,000
    DOMINICAN COLLEGE OF BLAUVELT
    10 WESTERN HIGHWAY
    ORANGEBURG,NY10962     		NONE PC GENERAL SUPPORT 100,000
    ENGLEWOOD HEALTH FOUNDATION
    350 ENGLE STREET
    ENGLEWOOD,NJ07631     		NONE PC GENERAL SUPPORT 2,072,000
    EXPONENT PHILANTHROPY
    1720 N STREET NW
    WASHINGTON,DC20036     		NONE PC GENERAL SUPPORT 795
    FAMILY PROMISE OF BERGEN COUNTY
    479 MAITLAND AVE
    TEANECK,NJ07666     		NONE PC GENERAL SUPPORT 7,500
    FLAT ROCK BROOK NATURE ASSOCIATION
    443 VAN NOSTRAND AVENUE
    ENGLEWOOD,NJ07631     		NONE PC GENERAL SUPPORT 1,000
    FOOD AND ALLERGY RESEARCH AND EDUCA
    515 MADISON AVE STE 191
    NEW YORK,NY10022     		NONE PC GENERAL SUPPORT 1,000
    FORGOTTEN FELINES
    PO BOX 734 5 CARTER HILL
    CLINTON,CT06413     		NONE PC GENERAL SUPPORT 1,000
    FRESH AIR FUND
    633 3RD AVE 14TH FLR
    NEW YORK,NY10164     		NONE PC GENERAL SUPPORT 1,000
    FRIENDS OF SOUTHERN OCEAN ANIMAL SH
    PO BOX 1162
    MANAHAWKIN,NJ08050     		NONE PC GENERAL SUPPORT 1,000
    FRIENDS OF YAD LAKASHISH- LIFELINE
    PO BOX 494
    ENGLEWOOD,NJ07631     		NONE PC GENERAL SUPPORT 2,000
    GALAPAGOS CONSERVANCY
    11150 FAIRFAX BLVD STE
    FAIRFAX,VA22030     		NONE PC GENERAL SUPPORT 1,000
    HEALING THE CHILDREN NORTH EAST INC
    PO BOX 129
    NEW MILFORD,CT06776     		NONE PC GENERAL SUPPORT 1,000
    HIGH POINT FIRE COMPANY
    10 W 80TH STREET SOUTH
    HARVEY CEDARS,NJ08008     		NONE PC GENERAL SUPPORT 50
    HIP
    131 MAIN ST STE 120
    HACKENSACK,NJ07601     		NONE PC GENERAL SUPPORT 1,000
    HOSPITAL FOR SPECIAL SURGERY FOUNDA
    PO BOX 21041
    NEW YORK,NY10087     		NONE PC GENERAL SUPPORT 5,000
    J-ADD
    190 MOORE ST STE 410
    HACKENSACK,NJ07601     		NONE PC GENERAL SUPPORT 1,000
    JEWISH FAMILY & CHILDREN'S SERVICES
    1485 TEANECK RD
    TEANECK,NJ07666     		NONE PC GENERAL SUPPORT 6,000
    JEWISH FEDERATION OF NORTHERN NEW J
    50 EISENHOWER DR
    PARAMUS,NJ07652     		NONE PC GENERAL SUPPORT 520,850
    JEWISH HOME FOUNDATION
    10 LINK DRIVE
    ROCKLEIGH,NJ07647     		NONE PC GENERAL SUPPORT 405,550
    KAPLEN JCC ON THE PALISADES
    411 E CLINTON AVE
    TENAFLY,NJ07670     		NONE PC GENERAL SUPPORT 2,500,080
    MADD
    511 E JOHN CARPENTER FRE
    IRVING,TX75062     		NONE PC GENERAL SUPPORT 1,000
    MUSCULAR DYSTROPHY ASSOCIATION
    C/O TENAFLY LETTER CARRIE
    SPRINGFIELD,NJ07081     		NONE PC GENERAL SUPPORT 100
    NATURE ISRAEL
    28 ARRANDALE AVE
    GREAT NECK,NY11024     		NONE PC GENERAL SUPPORT 7,500
    NCJW BCS
    C/O TOBEY WEISS 595 ALBIN
    TEANECK,NJ07666     		NONE PC GENERAL SUPPORT 3,000
    NEWARK PUBLIC LIBRARY
    5 WASHINGTON STREET
    NEWARK,NJ07102     		NONE PC GENERAL SUPPORT 500
    NORTH JERSEY FRIENDSHIP HOUSE
    125 ATLANTIC AVE
    HACKENSACK,NJ07601     		NONE PC GENERAL SUPPORT 31,000
    ONE SAFE PLACE
    PO BOX 991060
    REDDING,CA96099     		NONE PC GENERAL SUPPORT 10,000
    ORT AMERICA
    1530 PALISADES AVENUE
    FORT LEE,NJ07024     		NONE PC GENERAL SUPPORT 50
    OUTWARD BOUND USA
    1133 RT 55 SUITE 10
    LAGRANGEVILLE,NY12540     		NONE PC GENERAL SUPPORT 6,000
    PALISADES NATURE ASSOCIATION
    PO BOX 155
    ALPINE,NJ07620     		NONE PC GENERAL SUPPORT 5,000
    PARSONS DANCE FOUNDATION
    229 WEST 42ND ST 8TH FL
    NEW YORK,NY10036     		NONE PC GENERAL SUPPORT 6,600
    PEDIATRIC BRAIN TUMOR FDN OF THE UN
    302 RIDGEFIELD CT
    ASHEVILLE,NC28806     		NONE PC GENERAL SUPPORT 1,000
    PEF ISRAEL ENDOWMENT FUNDS INC
    630 3RD AVE SUITE 1501
    NEW YORK,NY10017     		NONE PC GENERAL SUPPORT 10,000
    PHILANTHROPY ROUNDTABLE
    1730 M ST NW STE 601
    WASHINGTON,DC20077     		NONE PC GENERAL SUPPORT 1,000
    PINELANDS PRESERVATION ALLIANCE
    BISHOP FARMSTEAD 17 PEMB
    SOUTHAMPTON,NJ08088     		NONE PC GENERAL SUPPORT 100
    PLAN INTERNATIONAL USA
    155 PLAN WAY
    WARWICK,RI02886     		NONE PC GENERAL SUPPORT 384
    PLANNED PARENTHOLD OF NORTHERN CEN
    196 SPEEDWELL AVE 2ND F
    MORRISTOWN,NJ07960     		NONE PC GENERAL SUPPORT 10,000
    PLAY FOR PINK
    C/O ALPINE COUNTRY CLUB
    DEMAREST,NJ07627     		NONE PC GENERAL SUPPORT 10,000
    PRISONER VISITATION & SUPPORT
    1501 CHERRY ST
    PHILADELPHIA,PA19102     		NONE PC GENERAL SUPPORT 800
    PROJECT LITERACY OF GREATER BERGEN
    355 MAIN STREET
    HACKENSACK,NJ07601     		NONE PC GENERAL SUPPORT 1,000
    ROUNDABOUT THEATRE CO
    231 WEST 39TH ST STE 12
    NEW YORK,NY10018     		NONE PC GENERAL SUPPORT 75,000
    SAINT JUDE CHILDREN'S RESEARCH HOSP
    PO BOX 1000 DEPT 42
    MEMPHIS,TN38105     		NONE PC GENERAL SUPPORT 100
    SARASOTA ART MUSEUM OF RINGLING COL
    1001 SOUTH TAMIAMI TRAIL
    SARASOTA,FL34236     		NONE PC GENERAL SUPPORT 500
    SELBY GARDENS
    1534 MOUND ST
    SARASOTA,FL34236     		NONE PC GENERAL SUPPORT 650
    SOCK OUT CANCER LLC
    C/O BRUCE BOYEU- SECURITY
    BINGHAMTON,NY13902     		NONE PC GENERAL SUPPORT 5,000
    SOUTHEAST SENIOR CENTER FOR INDEPEN
    228 GRAND AVENUE
    ENGLEWOOD,NJ07631     		NONE PC GENERAL SUPPORT 15,000
    SOUTHERN POVERTY LAW CENTER
    400 WASHINGTON AVE PO B
    MONTGOMERY,AL36101     		NONE PC GENERAL SUPPORT 10,000
    SPECIAL OLYMPICS
    PO BOX 3589
    PRINCETON,NJ08543     		NONE PC GENERAL SUPPORT 1,000
    SPECTRUM FOR LIVING DEVELOPMENT INC
    210 RIVERVALE RD STE 3
    RIVER VALE,NJ07675     		NONE PC GENERAL SUPPORT 1,000
    TEMPLE BETH ISRAEL
    567 BAY ISLES ROAD
    LONBOAT KEY,FL34228     		NONE PC GENERAL SUPPORT 5,155
    TEMPLE EMANU-EL
    180 PIERMONT ROAD
    CLOSTER,NJ07624     		NONE PC GENERAL SUPPORT 1,050
    TEMPLE SINAI OF BERGEN COUNTY
    1 ENGLE STREET
    TENAFLY,NJ07670     		NONE PC GENERAL SUPPORT 33,850
    TENAFLY EDUCATIONAL FOUNDATION
    PO BOX 384
    TENAFLY,NJ07670     		NONE PC GENERAL SUPPORT 1,000
    TENAFLY FIRE ASSOCIATION
    100 RIVEREDGE RD
    TENAFLY,NJ07670     		NONE PC GENERAL SUPPORT 1,000
    TENAFLY LIBRARY FRIENDS
    100 RIVEREDGE RD
    TENAFLY,NJ07670     		NONE PC GENERAL SUPPORT 1,000
    TENAFLY LIONS CLUB
    C/O JOHN PREOLO 355-365
    TENAFLY,NJ07670     		NONE PC GENERAL SUPPORT 1,000
    TENAFLY NATURE CENTER
    313 HUDSON AVE
    TENAFLY,NJ07670     		NONE PC GENERAL SUPPORT 1,600
    TENAFLY VOLUNTEER AMBULANCE ASSOCIA
    PO BOX 355
    TENAFLY,NJ07670     		NONE PC GENERAL SUPPORT 1,000
    THE ARNOLD P GOLD FOUNDATION INC
    260 LINCOLN STREET
    ENGLEWOOD,NJ07631     		NONE PC GENERAL SUPPORT 50,000
    THE CITY COLLEGE FUND
    160 COVENT AVE
    NEW YORK,NY10031     		NONE PC GENERAL SUPPORT 1,000
    THE CLARK
    225 SOUTH STREET
    WILLIAMSTOWN,MA01267     		NONE PC GENERAL SUPPORT 150
    THE COMMUNITY CHEST
    122 SOUTH VAN BRUNDT ST
    ENGLEWOOD,NJ07670     		NONE PC GENERAL SUPPORT 5,540
    THE DEFINING MOMENT FOUNDATION
    126 CHESTNUT ST
    ENGLEWOOD,NJ07631     		NONE PC GENERAL SUPPORT 10,000
    THE EDUCATION CENTER TEMPLE BETH
    567 BAY ISLES RD
    LONGBOAT KEY,FL34228     		NONE PC GENERAL SUPPORT 500
    THE HADLEY SCHOOL FOR THE BLIND
    700 ELM STREET
    WINNETKA,IL60093     		NONE PC GENERAL SUPPORT 1,000
    THE JEWISH BRAILLE INSTITUTE INTL
    110 EAST 30TH STREET
    NEW YORK,NY10016     		NONE PC GENERAL SUPPORT 1,000
    THE JEWISH HISTORICAL SOCIETY OF NO
    680 BROADWAY STE 2
    PATERSON,NJ07514     		NONE PC GENERAL SUPPORT 500
    THE JOHN & MABLE RINGLING MUSEUM OF
    5401 BAY SHORE ROAD
    SARASOTA,FL34243     		NONE PC GENERAL SUPPORT 125
    THE JOYCE THEATER FOUNDATION INC
    175 EIGHTH AVE
    NEW YORK,NY10011     		NONE PC GENERAL SUPPORT 1,000
    THE PUBLIC THEATER
    425 LAFAYETTE ST
    NEW YORK,NY10003     		NONE PC GENERAL SUPPORT 3,000
    THIRTEEN- WNET
    WORLDWIDE PLAZA 825 8TH A
    NEW YORK,NY10019     		NONE PC GENERAL SUPPORT 25,060
    TUFTS MEDICAL CENTER
    800 WASHINGTON ST 231
    BOSTON,MA02111     		NONE PC GENERAL SUPPORT 500
    UNIV OF THE CUMBERLANDS CUMBERLAN
    6191 CLOOEGE STATION DR
    WILLIAMSBURG,KY40769     		NONE PC GENERAL SUPPORT 1,000
    US HOLOCAUST MEMORIAL MUSEUM
    100 RAOUL WALLENBERG PL
    WASHINGTON,DC20024     		NONE PC GENERAL SUPPORT 1,000
    WEST BERGEN MENTAL HEALTHCARE
    120 CHESTNUT ST
    RIDGEWOOD,NJ07450     		NONE PC GENERAL SUPPORT 1,000
    WEST SIDE INFANT AND TEEN PARENT PR
    192 DEMAREST AVE
    ENGLEWOOD,NJ07631     		NONE PC GENERAL SUPPORT 20,000
    WORLD WILDLIFE FUND
    PO BOX 96555
    WASHINGTON,DC20077     		NONE PC GENERAL SUPPORT 100
    YIDDISH BOOK CENTER
    1021 WEST STREET
    AMHERST,MA01002     		NONE PC GENERAL SUPPORT 1,000
    Total .................................bullet 3a 6,932,389
    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 ...........     		    14 895,731  
    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 3,716,955  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   5,386,900  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,386,900
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    THE KAPLEN FOUNDATION
    EIN:
    22-6048152
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FRED W. CAMIN III C.P.A. 47,525     47,525

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE KAPLEN FOUNDATION
    EIN:
    22-6048152
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FEDERATED HERMES ULTRASHORT BOND FUN 3,000,000 2,966,428
    FEDERATED HERMES TOTAL RETURN BOND F 4,500,000 4,248,116
    APPLE INC 355,828 351,801
    AT&T INC    
    AT&T INC    
    BANK OF AMERICA 360,000 321,052
    CAPITAL ONE 170,809 155,121
    CAPITAL ONE 250,000 250,010
    CAPITAL ONE 222,000 222,009
    CITIGROUP 611,000 548,708
    COCA COLA 357,419 331,503
    CONOCO PHILLIPS 360,583 362,062
    EXXON MOBIL CORP 359,781 363,996
    GENERAL ELECTRIC COMPANY 256,875 233,125
    GOLDMAN SACHS 170,998 156,682
    GOLDMAN SACHS 362,000 355,542
    JOHNSON & JOHNSON 358,244 365,343
    JPMORGAN CHASE    
    MERCK & CO 337,015 336,963
    ROYAL BANK OF CANADA 330,000 327,730
    WAL MART STORES 373,687 374,070
    WELLS FARGO 368,531 370,740
    ALLY BANK 250,000 249,480
    ALLY FINANCIAL 500,000 464,120
    AMERICAN EXPRESS 501,692 495,115
    APPLE INC 998,705 990,990
    AT&T INC    
    BARCLAYS BANK 250,000 233,363
    BARCLAYS BANK 250,000 247,405
    BMW BANK 250,000 250,115
    BOEING CO 242,780 230,867
    BOEING CO 238,575 235,797
    BRIGHTHOUSE FINANCIAL 399,813 384,717
    CAPITAL ONE 241,692 245,317
    CHEVRON CORP 359,450 364,566
    CITIBANK 250,000 246,747
    COACH INC 205,446 200,220
    COMENITY CAPITAL BANK 250,000 251,265
    COMMERCIAL BANK 250,000 249,627
    CVS HEALTH CORP 250,140 244,812
    EXXON MOBIL CORP 1,006,727 989,470
    FIRST BANK OF HIGHLAND BANK 250,000 245,617
    FIRST INTERNET BANK 250,000 247,533
    FIRST NATIONAL BANK OF AMERICA 250,000 220,135
    FORD MOTOR CREDIT 250,000 232,590
    GENERAL MILLS 251,116 253,120
    GENERAL MOTORS 255,068 239,002
    GENERAL MOTORS 247,805 249,080
    GOLDMAN SACHS 516,235 489,555
    GS FINANCIAL CORP 500,000 447,878
    GS FINANCIAL CORP 500,000 398,644
    JOHNSON & JOHNSON 250,694 248,558
    JPMORGAN CHASE 365,000 360,876
    JPMORGAN CHASE 250,610 251,485
    LIVE OAK BANKING CO 250,000 247,738
    MARRIOTT INTL 115,378 114,845
    MARRIOTT INTL 625,580 618,556
    MERCK & CO 1,004,736 991,650
    MICROSOFT CORP 1,506,258 1,496,475
    MORGAN STANLEY BANK 250,000 240,695
    NEW YORK COMMUNITY BANK 250,000 225,445
    PARKSIDE FINL B&T 223,000 219,477
    QUALCOMM INC 245,955 250,462
    SALLIE MAE BANK 250,000 226,372
    STATE BANK OF INDIA 250,000 226,000
    STEARNS BANK 250,000 249,730
    SYNCHRONY BANK 124,880 123,649
    TEXAS EXCHANGE BANK 250,000 227,905
    UBS AG LONDON 250,000 227,050
    US TREASURY NOTE    
    VANGUARD SHORT TERM 394,695 386,950
    WELLS FARGO 250,000 227,222

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE KAPLEN FOUNDATION
    EIN:
    22-6048152
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M COMPANY    
    ALIBABA GROUP 103,854 39,323
    ALPHABET INC 20,486 167,962
    AMERICAN EXPRESS CO 31,751 166,342
    APPLIED INDL    
    AUTOLIV INC 20,063 36,550
    AUTOZONE INC 24,114 96,183
    BANK OF AMERICA 19,637 28,568
    BANK OF NEW YORK MELLON 29,691 68,189
    BERKSHIRE HATHAWAY INC 76,955 451,700
    CARLISLE COMPANIES    
    CISCO SYSTEMS    
    CNH INDUSTRIAL NV 54,923 81,073
    COCA COLA 36,964 57,821
    DIAGEO PLC 27,976 186,615
    FEDEX CORP 51,377 58,273
    FOX CORP 52,734 45,423
    FRESENIUS MEDICAL 105,236 54,819
    HEINEKEN NV 40,851 125,476
    INTEL CORP 77,259 61,727
    IVECO GROUP 7,619 7,643
    JOHNSON & JOHNSON 78,620 223,386
    NESTLE S.A. 33,780 227,414
    NOVARTIS AG 47,765 127,200
    PARAMOUNT GLOBAL 25,552 21,049
    THOR INDUSTRIES INC 27,750 24,877
    TRUIST FINANCIAL CORP 19,650 28,010
    UNILEVER NV 46,304 116,881
    WELLS FARGO 121,408 192,107
    VANGUARD DIVIDEND GROWTH 1,245,366 2,632,846
    VANGUARD FUND TOTAL INTL 361,044 381,864
    VANGUARD INDEX 722,088 2,664,528
    ACADIA PHARMA INC 112,439 60,053
    AERIE PHARMA INC 23,817 17,798
    AGILITI INC 107,692 117,965
    ALTAIR ENGINEERING    
    AMERESCO INC 206,870 195,349
    APRIA INC    
    AXOS FINANCIAL INC 64,604 115,049
    BTRS HOLDINGS    
    CANADA GOOSE HOLDINGS 94,423 45,993
    CASELLA WASTE SYS 151,638 375,365
    CERENCE INC 5,814 8,874
    CHEGG INC 106,323 204,310
    CI&T INC 130,531 102,072
    CORE LABS 233,476 190,044
    DEFINITIVE HEALTHCARE CORP 80,458 99,140
    DRILL-QUIP INC 161,089 127,044
    EARGO INC    
    EBIX INC 38,800 29,646
    EVERBRIDGE INC 795 1,609
    FIRSTSERVICE CORP 21,269 358,022
    GLAUKOS CORP 159,944 176,951
    GLOBANT SA 56,543 288,500
    GOOSEHEAD INSURANCE 11,830 16,245
    GRID DYNAMICS HOLDINGS 37,405 41,495
    HAMILTON LANE 152,359 223,914
    IMPINJ INC 38,577 175,311
    INOGEN INC 43,527 37,780
    INSPIRE MEDICAL SYSTEMS 54,529 81,715
    KRATOS DEFENSE 39,847 47,199
    LATHEM GROUP 109,205 24,914
    LENDINGTREE INC 50,334 16,819
    LIVEPERSON INC    
    MONTROSE ENVIRONMENTAL 350,698 336,607
    MYT NETHERLANDS 182,564 87,133
    NATERA INC 33,332 48,927
    NATIONAL VISIION HOLDINGS 258 262
    NEOGENOMICS INC    
    NEVRO CORP 146,313 146,133
    NOVANTA INC 183,177 226,211
    OLLIE'S BARGAIN OUTLET HOLDINGS 24,529 72,332
    PAYLOCITY HOLDINGS    
    PETIQ INC 40,861 37,654
    PLANET FITNESS 67,234 181,263
    PROGYNY INC 54,668 101,940
    PUMA BIOTECHNOLOGY INC    
    RANPACK HOLDINGS    
    RAPID7 INC 75,397 69,855
    SEACOAST BANKING CORP 153,128 150,741
    SEMRUSH HOLDINGS 7,291 7,393
    SIGNATURE BANK    
    SITEONE LANDSCAPE 58,818 266,260
    SPS COMMERCE INC 244,453 324,788
    STEPSTONE GROUP 200,841 206,753
    TABULA RASA HEALTHCARE    
    TECHTARGET 49,582 42,439
    TRANSCAT INC 132,161 104,822
    ULTRAGENYX PHARMA 31,641 36,657
    UPSTART HOLDINGS 26,300 13,941
    US PHYSICAL THERAPY 156,433 191,815
    VERTEX INC 182,590 103,118
    WINGSTOP INC 31,177 52,365
    JANUS HENDERSON INTERNATIONAL RESEAR 4,093,433 4,093,433
    TB GLOBAL VALUE FUND 1,412,169 1,918,044
    TB GLOBAL VALUE FUND 5,766,629 5,705,492
    TWEEDY BROWNE VALUE FUND 3,473,860 3,047,425
    VANGUARD INSTITUTIONAL INDEX 4,047,095 8,935,938
    CONOCOPHILLIPS 183,049 292,290
    INTEL CORP 75,180 108,930
    JPMORGAN CHASE 161,126 346,080
    MONDELEZ INTERNATIONAL 111,479 241,431
    NEWELL BRANDS INC 125,344 73,908
    PHILLIPS 66 160,884 222,500
    QUALCOMM INC 90,161 217,590
    3M COMPANY 67,099 85,944

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    THE KAPLEN FOUNDATION
    EIN:
    22-6048152
    US Government Securities - End of Year Book Value:

    378,040
    US Government Securities - End of Year Fair Market Value:

    398,776
    State & Local Government Securities - End of Year Book Value:


    5,976,455
    State & Local Government Securities - End of Year Fair Market Value:


    5,924,273


    TY 2021 OtherAssetsSchedule
    Name:
    THE KAPLEN FOUNDATION
    EIN:
    22-6048152
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSIT 2,000 2,000 2,000


    TY 2021 OtherDecreasesSchedule
    Name:
    THE KAPLEN FOUNDATION
    EIN:
    22-6048152
    Description Amount
    UNREALIZED LOSSES ON INVESTMENTS 572,201


    TY 2021 OtherExpensesSchedule
    Name:
    THE KAPLEN FOUNDATION
    EIN:
    22-6048152
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    HOSPITALIZATION INSURANCE 55,620     55,620
    GENERAL INSURANCE 5,427     5,427
    INTERNET 4,309     4,309
    OFFICE EXPENSE 9,438     9,438
    POSTAGE 1,495     1,495
    RENTAL EXPENSES 18,946     18,946
    TELEPHONE 3,876     3,876
    UTILITIES 1,520     1,520
    MISCELLANEOUS 1,585     1,585


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE KAPLEN FOUNDATION
    EIN:
    22-6048152
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORS 212,916 212,916    


    TY 2021 TaxesSchedule
    Name:
    THE KAPLEN FOUNDATION
    EIN:
    22-6048152
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 137,753     137,753
    PAYROLL TAXES - FEDERAL 12,236 1,224   11,012
    PAYROLL TAXES - STATE 525 52   473