TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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 09-01-2021 , and ending 08-31-2022

Name of foundation
PHILIP AND JANICE LEVIN FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)975 US HIGHWAY 22 WEST
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
NORTH PLAINFIELD, NJ07060

A Employer identification number

22-6075837

B Telephone number (see instructions)

(908) 755-2401

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$23,596,920J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	2		2
4	Dividends and interest from securities...	563,874		563,874
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		2,204,905
b	Gross sales price for all assets on line 6a 4,995,318
7	Capital gain net income (from Part IV, line 2)...			2,204,905
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).......		754	754
12	Total. Add lines 1 through 11........	2,769,535		2,769,535
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		12,750	0	0
c	Other professional fees (attach schedule)....		170,520	120,520	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		37,638	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		175,875	0	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	396,783		120,520	0
25	Contributions, gifts, grants paid.......	2,049,750			2,049,750
26	Total expenses and disbursements. Add lines 24 and 25	2,446,533		120,520	2,049,750
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	323,002
b	Net investment income (if negative, enter -0-)			2,649,015
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	502,280	269,958	269,958
	2	Savings and temporary cash investments.........	224,594	1,446,356	1,446,356
	3	Accounts receivable 10,404
		Less: allowance for doubtful accounts	10,832	10,404	10,404
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	13,074,364	12,037,421	17,499,193
	c	Investments—corporate bonds (attach schedule).......	1,238,318	1,097,577	1,029,047
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	3,020,324	3,694,520	3,341,962
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	18,070,712	18,556,236	23,596,920
	17	Accounts payable and accrued expenses..........	16,434	35,829
	18	Grants payable.................	4,765,606	4,939,062
	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 )
	23	Total liabilities (add lines 17 through 22).........	4,782,040	4,974,891
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	13,288,672	13,581,345
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	13,288,672	13,581,345
	30	Total liabilities and net assets/fund balances (see instructions).	18,070,712	18,556,236

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

13,288,672

Enter amount from Part I, line 27a .....................

323,002

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

13,611,674

Decreases not included in line 2 (itemize) bullet

30,329

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

13,581,345

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	ALL PUBLICLY TRADED SECURITIES
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	4,995,318	2,790,413	2,204,905
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			2,204,905
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	2,204,905
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 ...................		3

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	36,821
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	36,821
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	14,523
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	14,523
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	834
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	23,132
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax	Refunded	11

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 . Click to see attachment

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

THE FOUNDATION Telephone no. bullet

(908) 755-2401

Located at bullet

975 US HIGHWAY 22 WESTNORTH PLAINFIELDNJ ZIP+4 bullet

07060

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

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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? .............

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)):

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?....................

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
ADAM LEVIN	PRESIDENT 1.00	0	0	0
975 US HIGHWAY 22 WEST N PLAINFIELD,NJ07060	PRESIDENT 1.00	0	0	0
WILLIAM FARBER	V. PRESIDENT 1.00	0	0	0
975 US HIGHWAY 22 WEST N PLAINFIELD,NJ07060	V. PRESIDENT 1.00	0	0	0
ARIELLE TEPPER MADOVER	V. PRESIDENT 1.00	0	0	0
975 US HIGHWAY 22 WEST N PLAINFIELD,NJ07060	V. PRESIDENT 1.00	0	0	0
ANTOINETTE PUCCIA	ASSISTANT SECRETARY 1.00	0	0	0
975 US HIGHWAY 22 WEST N PLAINFIELD,NJ07060	ASSISTANT SECRETARY 1.00	0	0	0
MATTHEW K HARDING	V. PRESIDENT 1.00	0	0	0
975 US HIGHWAY 22 WEST N PLAINFIELD,NJ07060	V. PRESIDENT 1.00	0	0	0
STACY A GARRITY	SECRETARY 1.00	0	0	0
975 US HIGHWAY 22 WEST N PLAINFIELD,NJ07060	SECRETARY 1.00	0	0	0
PAUL TAVAGLIONE	TREASURER 1.00	0	0	0
975 US HIGHWAY 22 WEST N PLAINFIELD,NJ07060	TREASURER 1.00	0	0	0

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...................				0

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
NONE

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)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

25,338,047

Average of monthly cash balances.......................

1,221,594

Fair market value of all other assets (see instructions)................

10,618

Total (add lines 1a, b, and c).........................

26,570,259

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

26,570,259

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

398,554

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

26,171,705

Minimum investment return. Enter 5% (0.05) of line 5................

1,308,585

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.)

Minimum investment return from Part IX, line 6..................

1,308,585

Tax on investment income for 2021 from Part V, line 5.......

36,821

Income tax for 2021. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

36,821

Distributable amount before adjustments. Subtract line 2c from line 1............

1,271,764

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

1,271,764

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

1,271,764

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

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					1,271,764
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......	1,717,529
b From 2017......	1,678,976
c From 2018......	910,693
d From 2019......	890,134
e From 2020......	880,639
f Total of lines 3a through e ........		6,077,971
4Qualifying distributions for 2021 from Part
XI, line 4: $ 2,049,750
a Applied to 2020, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2021 distributable amount.....					1,271,764
e Remaining amount distributed out of corpus		777,986
5 Excess distributions carryover applied to 2021.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		6,855,957
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...		1,717,529
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		5,138,428
10 Analysis of line 9:
a Excess from 2017....	1,678,976
b Excess from 2018....	910,693
c Excess from 2019....	890,134
d Excess from 2020....	880,639
e Excess from 2021....	777,986

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

PHILIP JANICE LEVIN FOUNDATION
975 US HIGHWAY 22 WEST
NORTH PLAINFIELD,NJ07060
(908) 755-2401

bThe form in which applications should be submitted and information and materials they should include:

BY LETTER ONLY

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

NONE

Form 990-PF (2021)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AMERICAN RED CROSS PO BOX 37839 BOONE,IA50037	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	60,000
BARROW NEUOROLOGICAL FOUNDATION 2910 N 3RD AVENUE SUITE 450 PHOENIX,AZ85013	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	25,000
CHILDREN OF THE FALLEN PATRIOTS FOUNDATION 419 THIRD ST NORTH JACKSONVILLE BEACH,FL32250	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	25,000
GOD'S LOVE WE DELIVER 166 AVENUE OF AMERICA NEW YORK,NY10013	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	10,000
LUZERNE MUSIC CENTER PO BOX 39 LAKE LUZERNE,NY12846	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	125,000
MEDIA MATTERS FOR AMERICA 455 MASSACHUSETTS AVENUE SUITE 600 WASHINGTON,DC20001	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	100,000
NORTHERN NEW JERSEY COUNCIL C/O BLDG CONNECTIONS 25 RAMAPO VALLEY ROAD OAKLAND,NJ07436	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	1,000
NY PRESBYTERIAN FUND 850 THIRD AVENUE NEW YORK,NY10022	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	85,000
NYU SCHOOL OF MEDICINE 550 1ST AVENUE NEW YORK,NY10016	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	450,000
RUTGERS UNIVERSITY 7 COLLEGE AVENUE NEW BRUNSWICK,NJ08901	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	200,000
SARASOTA BALLET 5555 NORTH TAMIAMI TRAIL SARASOTA,FL34243	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	50,000
SHELTERING ARMS CHILDREN AND FAMILY SERVICES 25 BROADWAY 18TH FLOOR NEW YORK,NY10004	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	12,500
TEL AVIV-YAFO FOUNDATION 1201 BROADWAY NEW YORK,NY10001	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	56,250
THE PUBLIC THEATER 425 LAFAYETTE AVENUE NEW YORK,NY10003	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	500,000
THIRTEENWNET 450 WEST 33RD STREET NEW YORK,NY10001	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	200,000
WHITNEY MUSEUM OF AMERICAN ART 945 MADISON AVENUE NEW YORK,NY10021	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	150,000
Total ................................. 3a				2,049,750

bApproved for future payment
BARROW NEUOROLOGICAL FOUNDATION 2910 N 3RD AVENUE SUITE 450 PHOENIX,AZ85013	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	50,000
LUZERNE MUSIC CENTER PO BOX 39 LAKE LUZERNE,NY12846	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	50,000
NYU SCHOOL OF MEDICINE 550 1ST AVENUE NEW YORK,NY10016	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	900,000
RUTGERS UNIVERSITY 7 COLLEGE AVENUE NEW BRUNSWICK,NJ08901	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	1,000,000
THE PUBLIC THEATER 425 LAFAYETTE AVENUE NEW YORK,NY10003	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	2,500,000
TEL AVIV-YAFO FOUNDATION 1201 BROADWAY NEW YORK,NY10001	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	56,250
THIRTEENWNET 450 WEST 33RD STREET NEW YORK,NY10001	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	575,000
Total ................................. 3b				5,131,250

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	(e) Related or exempt function income (See instructions.)
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	2
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	2,204,905
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		2,769,535	0

13Total. Add line 12, columns (b), (d), and (e)..................

2,769,535

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2021 AccountingFeesSchedule

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	12,750	0		0

- TIN:

TY 2021 ExplnOfNonFilingWithAGStmt

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Statement:

THE FOUNDATION IS EXEMPT FROM REGISTRATION IN THE STATE OF NEW JERSEY.

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Name of Bond	End of Year Book Value	End of Year Fair Market Value
BANK OF NY MELLON CORP MTN 3.5% 04/28/2023 SR LIEN	25,972	26,327
UNITED PARCEL SERVICE, INC. 2.8% 11/15/2024 USD SR LIEN	25,895	25,871
NIKE, INC. 2.375% 11/01/2026 USD SR LIEN	24,920	23,967
CISCO SYSTEMS, INC. 2.2% 09/20/2023 USD SR LIEN	23,951	23,919
PNC FINANCIAL SERVICES GROUP, 2.6% 07/23/2026 USD SR LIEN	24,952	23,767
WELLS FARGO & COMPANY HYBRID MTN 06/17/2027 USD SR LIEN CPN 06/17/19 3.196%	25,509	23,743
EMERSON ELECTRIC CO. 2.0% 12/21/2028 USD SR LIEN	23,754	23,357
NOVARTIS CAPITAL CORPORATION 3.4% 05/06/2024 USD SR LIEN	23,038	23,157
MERCK & CO., INC. 1.9% 12/10/2028 USD SR LIEN	23,471	23,139
PEPSICO, INC. 2.625% 07/29/2029 USD SR LIEN	23,598	23,018
COSTCO WHOLESALE CORP 2.75% 05/18/2024 USD SR LIEN	23,037	22,988
APPLE INC. 2.85% 05/11/2024 USD SR LIEN	22,978	22,963
BANK OF AMERICA CORPORATION HYBRID MTN 06/19/2026 USD SR LIEN CPN 06/19/20 1	25,000	22,824
BANK OF MONTREAL HYBRID MTN 01/22/2027 USD SR LIEN CPN 01/22/21 0.949%	24,699	22,351
AVALONBAY COMMUNITIES, INC. MTN 2.85% 03/15/2023 SR LIEN	22,041	22,165
TRUIST FINANCIAL CORP MTN 1.125% 08/03/2027 USD SR LIEN	24,960	21,554
ROYAL BANK OF CANADA MTN 1.15% 07/14/2026 USD SR LIEN	20,791	20,528
VERIZON COMMUNICATIONS, INC. 3.0% 03/22/2027 USD SR LIEN	21,223	19,212
DUKE ENERGY CORPORATION 3.15% 08/15/2027 USD SR LIEN	21,473	18,914
WELLTOWER INC 2.7% 02/15/2027 USD SR LIEN	20,084	18,620
PRUDENTIAL FINANCIAL INC MTN 1.5% 03/10/2026 USD SR LIEN	19,914	18,478
PROCTER & GAMBLE CO/THE 0.55% 10/29/2025 USD SR LIEN	19,968	18,211
JOHN DEERE CAPITAL CORP MTN 2.8% 07/18/2029 USD SR LIEN	16,156	15,805
ANHEUSER-BUSCH INBEV WOR 4.0% 04/13/2028 USD SR LIEN	16,832	15,082
CAPITAL ONE FINANCIAL CORPORAT 4.2% 10/29/2025 USD SRSUB LIEN	16,296	15,035
VODAFONE GROUP PUBLIC LIMITED 4.375% 05/30/2028 USD SR LIEN	17,056	14,993
B.A.T. CAPITAL CORPORATION 4.7% 04/02/2027 USD SR LIEN	16,692	14,909
BUNGE LTD FINANCE CORP 3.75% 09/25/2027 USD SR LIEN	16,275	14,795
MPLX LP 4.0% 03/15/2028 USD SR LIEN	16,516	14,652
BP CAP MARKETS AMERICA 3.017% 01/16/2027 USD SER * SR LIEN	15,899	14,422
PACCAR FINANCIAL CORP MTN 1.8% 02/06/2025 USD SR LIEN	14,988	14,338
NORTHROP GRUMMAN CORPORATION 3.25% 01/15/2028 USD SR LIEN	16,066	14,314
SUMITOMO MITSUI FINANCIAL GROU 3.544% 01/17/2028 USD SR LIEN	16,257	14,300
AIR LEASE CORPORATION MTN 2.3% 02/01/2025 USD SR LIEN	14,844	14,088
AT&T INC. 1.65% 02/01/2028 USD SR LIEN	14,788	12,930
HEWLETT PACKARD ENTERPRISE COM STEP 10/15/2025 SER WI SR LIEN M-W+45.00BP 4.	11,029	10,350
ENERGY TRANSFER OPERATNG 5.5% 06/01/2027 USD SER * SR LIEN	11,332	10,267
DELL INT LLC / EMC CORP 4.9% 10/01/2026 USD SR LIEN	11,194	10,255
BOEING COMPANY (THE) 4.875% 05/01/2025 USD SR LIEN	10,850	10,196
CONSTELLATION BRANDS, INC. 4.65% 11/15/2028 USD SR LIEN	11,317	10,073
AXA EQUITABLE HOLDINGS, INC. 4.35% 04/20/2028 USD SER WI SR LIEN	11,251	10,011
KELLOGG CO 4.3% 05/15/2028 USD SR LIEN	11,244	10,010
CITIGROUP INC 4.45% 09/29/2027 USD SUB LIEN	11,186	9,958
DOMINION ENERGY INC 4.25% 06/01/2028 USD SR LIEN	11,257	9,953
CVS HEALTH CORPORATION 3.625% 04/01/2027 USD SR LIEN	10,864	9,891
REALTY INCOME CORP 3.4% 01/15/2028 USD SR LIEN	10,808	9,441
JPMORGAN CHASE & CO. HYBRID 04/22/2026 USD SR LIEN CPN 04/22/20 2.083%	10,000	9,433
HP ENTERPRISE CO 1.75% 04/01/2026 USD SR LIEN	10,093	9,244
AMERICAN TOWER CORP 2.75% 01/15/2027 USD SR LIEN	10,429	9,204
JPMORGAN CHASE & CO. HYBRID 06/01/2028 USD SR LIEN CPN 05/27/20 2.182%	10,000	8,953
CANADIAN NATL RAILWAY 2.95% 11/21/2024 USD SR LIEN	9,079	8,903
RELX CAPITAL INC. 4.0% 03/18/2029 USD SR LIEN	8,936	8,874
CROWN CASTLE INTL CORP 1.05% 07/15/2026 USD SR LIEN	9,969	8,784
AMERICAN EXPRESS COMPANY 3.4% 02/27/2023 SR LIEN	7,993	7,997
WALMART INC. 1.5% 09/22/2028 USD SR LIEN	7,165	7,059
GENERAL MOTORS CO 5.0% 10/01/2028 USD SR LIEN	7,910	6,963
CITIGROUP INC 4.125% 07/25/2028 USD SUB LIEN	6,686	5,756
AIR LEASE CORP 3.375% 07/01/2025 USD SR LIEN	6,312	5,738
JPMORGAN CHASE & CO. HYBRID 02/04/2027 USD SR LIEN CPN 02/04/21 1.04%	5,409	5,295
MORGAN STANLEY MTN 5.0% 11/24/2025 USD SER F SUB LIEN	5,580	5,149
ENBRIDGE INC 4.25% 12/01/2026 USD SR LIEN	5,509	4,982
FOX CORPORATION 4.709% 01/25/2029 USD SER WI SR LIEN	5,094	4,981
MPLX LP 4.125% 03/01/2027 USD SR LIEN	5,466	4,957
SYNCHRONY FINANCIAL 4.5% 07/23/2025 USD SR LIEN	5,357	4,920
SYNCHRONY FINANCIAL 3.7% 08/04/2026 USD SR LIEN	5,342	4,706
AMERICAN TOWER CORPORATION 3.6% 01/15/2028 USD SR LIEN	5,336	4,675
ORACLE CORPORATION 3.25% 11/15/2027 USD SR LIEN	5,244	4,671
EVERSOURCE ENERGY 4.25% 04/01/2029 USD SER O SR LIEN	4,019	3,978
CELGENE CORP	48,480	47,481
JPMORGAN CHASE & CO FXD TO 082023 VAR THRAFTR 6.0000% (DIV)	49,944	47,203

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Name of Stock	End of Year Book Value	End of Year Fair Market Value
FIDELITY 500 INDEX FUND	1,680,888	2,551,368
SIX CIRCLES US UNCONSTR EQ	697,830	858,072
SPDR S&P 500 ETF TRUST	285,912	738,196
ISHARES CORE MSCI EAFE ETF	735,187	651,799
ISHARES MSCI EAFE ETF	221,054	200,340
JPMORGAN BETABUILDERS CANADA	231,396	286,331
SIX CIRCLES INTL UNCON EQ	789,327	702,839
JPMORGAN BETABUILDERS EUROPE ETF	321,864	272,934
JPMORGAN BETABUILDERS JAPAN ETF	274,648	265,382
JPMORGAN BETABUILDERS DEVELO	207,228	190,570
ABBVIE INC	3,826	6,051
ADVANCED MICRO DEVICES	2,796	2,631
ALPHABET INC-CL A	571	4,329
ALPHABET INC-CL C	1,865	11,679
AMAZON.COM INC	4,676	14,452
AMEREN CORPORATION	3,549	3,520
AMERICAN EXPRESS CO	2,220	3,040
AMETEK INC	1,900	2,283
ANALOG DEVICES INC	2,399	2,728
APPLE INC	305	15,093
ARTHUR J GALLAGHER & CO	2,531	3,268
ASML HOLDING NV-NY REG SHS	877	1,470
BANK OF AMERICA CORP	1,176	3,832
BIOGEN INC	1,735	1,172
BOOKING HOLDINGS INC	3,321	3,752
BOOZ ALLEN HAMILTON HOLDINGS	2,688	3,062
BOSTON SCIENTIFIC CORP	1,747	3,064
BRISTOL-MYERS SQUIBB CO	5,015	5,393
CHARTER COMMUNICATIONS INC-A	990	2,063
CONOCOPHILLIPS	4,978	7,990
COSTCO WHOLESALE CORP	2,930	3,133
DEERE & CO	6,117	6,209
EATON CORP PLC	2,642	2,733
ELI LILLY & CO	1,020	4,217
FISERV INC	1,657	2,024
HILTON WORLDWIDE HOLDINGS IN	2,402	2,420
HONEYWELL INTERNATIONAL INC	808	3,787
INGERSOLL RAND INC COMMON STOCK	1,889	1,847
INTUIT INC	2,702	3,886
INTUITIVE SURGICAL INC	1,754	1,234
LINDE PLC	3,216	5,374
LOWE'S COS INC	343	3,495
MASTERCARD INC - A	2,468	8,109
MCDONALD'S CORP	3,759	4,289
META PLATFORMS INC-CLASS A	4,155	4,236
MICROSOFT CORP	1,189	20,395
MONDELEZ INTERNATIONAL INC-A	868	2,474
MONSTER BEVERAGE CORP	3,236	3,198
MORGAN STANLEY	1,068	4,431
NEXTERA ENERGY INC	3,277	5,529
NIKE INC -CL B	1,964	1,490
NORFOLK SOUTHERN CORP	2,781	4,863
NVIDIA CORP	672	2,264
NXP SEMICONDUCTORS NV	5,620	7,242
O'REILLY AUTOMOTIVE INC	1,119	2,788
OLD DOMINION FREIGHT LINE	2,801	2,714
PEPSICO INC	2,500	4,479
PIONEER NATURAL RESOURCES CO	1,943	4,811
PROGRESSIVE CORP	3,759	3,925
RAYTHEON TECHNOLOGIES CORP	1,918	1,795
REGENERON PHARMACEUTICALS	2,714	2,905
SVB FINANCIAL GROUP	2,025	1,220
T-MOBILE US INC	1,735	1,728
TEXAS INSTRUMENTS INC	2,288	5,452
THERMO FISHER SCIENTIFIC INC	3,560	5,453
TRANE TECHNOLOGIES PLC	1,976	2,003
UNITEDHEALTH GROUP INC	1,364	12,983
WASTE CONNECTIONS INC	1,428	3,062
WELLS FARGO & CO	3,753	4,983
SPDR S&P 500 ETF TRUST	2,804,912	5,089,918
ISHARES RUSSELL 1000 VALUE ETF	219,552	198,247
MICROSOFT CORPORATION CMN	6,807	58,708
ALPHABET INC. CMN CLASS C	13,160	53,593
AMAZON.COM INC CMN	14,263	40,566
UNITEDHEALTH GROUP INCORPORATE CMN	4,089	36,872
MARRIOTT INTERNATIONAL, INC CMN CLASS A	13,742	33,889
ALPHABET INC. CMN CLASS A	18,154	32,466
MORGAN STANLEY CMN	13,423	31,531
WELLS FARGO & CO (NEW) CMN	19,586	30,851
NETFLIX, INC. CMN	39,611	30,628
CITIGROUP INC. CMN	31,324	30,360
META PLATFORMS INC-CLASS A CMN CLASS A	34,290	29,816
FISERV, INC. CMN	27,013	29,547
ANALOG DEVICES, INC. CMN	19,612	28,935
CROWN CASTLE INTL CORP CMN	25,211	27,333
LIBERTY BROADBAND CORPORATION CMN CLASS C	18,741	25,832
AON PUBLIC LIMITED COMPANY CMN	6,464	25,692
SYSCO CORPORATION CMN	23,540	25,324
GENERAL ELECTRIC COMPANY CMN	23,411	24,823
COMCAST CORPORATION CMN CLASS A VOTING	23,097	24,247
HILTON WORLDWIDE HOLDINGS INC. CMN	10,618	20,657
LKQ CORPORATION CMN	15,630	20,319
S&P GLOBAL INC. CMN	13,629	20,123
WASTE MANAGEMENT INC CMN	10,862	18,931
OTIS WORLDWIDE CORPORATION CMN	19,607	17,040
MEDTRONIC PUBLIC LIMITED COMPA CMN	15,327	16,969
SKYWORKS SOLUTIONS, INC. CMN	17,956	16,462
ELEVANCE HEALTH INC CMN	8,308	15,524
VERISIGN, INC. CMN	15,136	14,578
SAFRAN SA SPONSORED ADR CMN	15,569	12,706
VAIL RESORTS, INC. CMN	13,793	12,357
PROSUS NV SPONSORED ADR CMN	14,430	11,848
LOWES COMPANIES INC CMN	6,034	11,843
DOLLAR TREE STORES, INC. CMN	7,990	11,533
VULCAN MATERIALS CO CMN	7,359	11,182
VISA INC. CMN CLASS A	9,592	10,950
AERCAP HOLDINGS NV ORD CMN	11,156	10,220
WOODWARD INC CMN	11,032	9,958
WALT DISNEY COMPANY (THE) CMN	10,602	9,639
CAPITAL ONE FINANCIAL CORP CMN	5,740	8,995
LYONDELLBASELL INDUSTRIES N.V. CMN CLASS A	10,862	8,587
VERISK ANALYTICS, INC. CMN	8,043	8,422
VISA INC. CMN CLASS A	8,332	8,362
ARMSTRONG WORLD INDUSTRIES, INC CMN	6,363	8,231
ADOBE INC CMN	8,144	7,469
DISH NETWORK CORPORATION CMN CLASS A	15,387	7,443
GENERAL MOTORS COMPANY CMN	6,706	7,392
CONOCOPHILLIPS CMN	5,703	7,254
ENVISTA HOLDINGS CORPORATION CMN	7,821	6,787
OMNICELL, INC. CMN	7,500	6,649
ELECTRONIC ARTS CMN	4,108	4,701
SOTERA HEALTH COMPANY CMN	6,761	4,312
IAC INC CMN	8,670	4,242
NASPERS LTD SPONSORED ADR CMN	3,519	2,903
EVOLUTION AB ADR CMN	4,080	2,341
APPLE INC	31,372	209,417
ABBVIE INC COM	79,787	103,534
ACCENTURE PLC IRELAND CL A	79,907	81,923
ADOBE INC	75,580	57,883
AMGEN INC	57,546	85,307
AMAZON COM INC	83,048	79,738
BROADCOM INC	42,473	39,929
BLACKROCK INC	44,193	66,639
BERKSHIRE HATHAWAY CL-B NEW	119,464	162,864
CONSTELLATION ENERGY CORP	20,991	54,665
COSTCO WHOLESALE CORP NEW	37,477	119,561
SALESFORCE INC	81,148	62,916
CVS HEALTH CORP COM	58,130	89,317
DIAGEO PLC SPON ADR NEW	68,166	110,067
WALT DISNEY CO HLDG CO	117,473	117,684
ESTEE LAUDER CO INC CL A	82,165	71,735
ELEVANCE HEALTH INC	62,437	94,596
EXELON CORP	49,876	88,347
ALPHABET INC CL C	52,777	163,725
HONEYWELL INTL INC	98,535	164,545
JOHNSON & JOHNSON	76,659	90,028
JPMORGAN CHASE & CO	43,174	79,611
COCA COLA CO	76,483	94,972
MASTERCARD INC CL A	102,019	94,716
MONDELEZ INTL INC COM	45,365	66,314
MEDTRONIC PLC SHS	74,828	68,578
MERCK & CO INC NEW COM	110,709	125,479
MICROSOFT CORP	49,936	235,584
NEXTERA ENERGY INC	33,169	72,301
SERVICENOW INC	62,886	56,501
PALO ALTO NETWORKS INC	61,374	100,226
PFIZER INC	98,213	141,841
CHARLES SCHWAB NEW	43,335	75,987
SENSATA TECHNOLOGIES HLDG PLC	68,609	65,656
STRYKER CORP	79,789	66,895
THERMO FISHER SCIENTIFIC	42,484	157,052
T-MOBILE US INC COM	70,136	252,074
UNITEDHEALTH GP INC	82,905	168,263
VISA INC CL A	89,540	146,052
WALMART INC	42,973	42,681

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ISHARES US TREASURY BOND ETF	AT COST	74,742	66,764
VANGUARD MORTGAGE-BACKED SEC	AT COST	83,252	73,147
VANGUARD TOTAL BOND MARKET	AT COST	44,372	43,268
VANGUARD TTL BD MKT IDX-ADM	AT COST	133,166	127,808
VANGUARD TOTAL INTL BOND ETF	AT COST	35,229	33,948
VANGUARD TTL INTL BND-ADM	AT COST	339,190	313,125
SIX CIRCLES CREDIT OPPORT	AT COST	111,048	103,228
SIX CIRCLES GLOBAL BOND	AT COST	339,329	305,040
GS HIGH YIELD FLOATING RATE FUND CLASS P	AT COST	257,819	241,542
ISHARES TRUST-ISHARES CURRENCY HEDGED MSCI EAFE ETF	AT COST	490,323	533,169
NON-US EQUITY MANAGERS: PORTFOLIO 4 OFFSHORE L.P.	AT COST	716,800	452,869
GQG PARTNERS EMERGING MARKETS EQUITY FUND INSTITUTIONAL	AT COST	107,131	95,358
ISHARES FLOATING RATE BD ETF	AT COST	102,437	101,254
SPDR BLACKSTONE SENIOR LOAN	AT COST	50,047	47,113
ISHARES BROAD USD INV GRD CORP	AT COST	59,635	54,329
BLACKROCK T-FUND PREMIER	AT COST	750,000	750,000

- TIN:

TY 2021 OtherDecreasesSchedule

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Description	Amount
ADJUST AMORTIZED COST BASIS OF INVESTMENTS	30,329

- TIN:

TY 2021 OtherExpensesSchedule

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
CHANGE IN PRESENT VALUE OF FUTURE GRANTS	173,457	0		0
INSURANCE	2,040	0		0
MISCELLANEOUS	378	0		0

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
SECURITIES LITIGATION SETTLEMENTS	754	754	754

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENTS MANAGEMENT AND ADVISORY FEES	120,520	120,520		0
MANAGEMENT FEES	50,000	0		0

- TIN:

TY 2021 TaxesSchedule

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL EXCISE TAX	37,638	0		0