Form990-PF
Click to see attachment
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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 12-01-2021 , and ending 11-30-2022
Name of foundation
HOCHBERG FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)5215 OLD ORCHARD RD 880
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SKOKIE, IL60077
A Employer identification number

36-3152002
B Telephone number (see instructions)

(847) 881-2023
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$10,664,551J 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) 2,917,100
2 Check bullet.............
3 Interest on savings and temporary cash investments 414 414  
4 Dividends and interest from securities... 211,067 211,067  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 393,085
b Gross sales price for all assets on line 6a 1,990,443
7 Capital gain net income (from Part IV, line 2)... 393,085
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -5,797 -7,550  
12 Total. Add lines 1 through 11........ 3,515,869 597,016  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 13,200 6,600   6,600
c Other professional fees (attach schedule).... Click to see attachment 48,631 48,631   0
17 Interest............... 8,149 8,149   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 9,657 2,362   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 17,648 15,231   2,417
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 97,285 80,973   9,017
25 Contributions, gifts, grants paid....... 883,099 883,099
26 Total expenses and disbursements. Add lines 24 and 25 980,384 80,973   892,116
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,535,485
b Net investment income (if negative, enter -0-) 516,043
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 220,766 324,707 324,707
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 5,739,740 Click to see attachment4,953,414 5,820,902
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment1,913,133 1,752,582
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,773,427 Click to see attachment2,772,195 2,766,360
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,733,933 9,963,449 10,664,551
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 7,733,933 9,963,449
29 Total net assets or fund balances (see instructions)..... 7,733,933 9,963,449
30 Total liabilities and net assets/fund balances (see instructions). 7,733,933 9,963,449
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
7,733,933
2
Enter amount from Part I, line 27a .....................
2
2,535,485
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
10,269,418
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
305,969
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,963,449
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 BAXTER STREET FUND II, L.P. P    
b BAXTER STREET FUND II, L.P. P    
c PUBLICLY TRADED SECURITIES P    
d SAVILE ROW FINANCIALS HEDGED P    
e SAVILE ROW FINANCIALS HEDGED P    
SAVILE ROW GLOBAL MACRO FUND C P    
SAVILE ROW HEALTHCARE P    
SAVILE ROW TAX ADVANTAGED P    
SAVILE ROW TAX ADVANTAGED P    
CAPITAL GAINS DIVIDENDS P    
(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     3,466 -3,466
b 98,040     98,040
c 1,823,581   1,488,520 335,061
d     81,860 -81,860
e     176 -176
    49 -49
    8 -8
    23,279 -23,279
26,706     26,706
42,116     42,116
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       -3,466
b       98,040
c       335,061
d       -81,860
e       -176
      -49
      -8
      -23,279
      26,706
      42,116
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 2 393,085
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 7,173
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 7,173
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 7,200
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 7,200
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 27
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet27 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletLARRY J HOCHBERG Telephone no.bullet (847) 881-2023

    Located atbullet5215 OLD ORCHARD ROAD SUITE 880SKOKIEIL ZIP+4bullet60077
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    LARRY J HOCHBERG DIRECTOR
    0.25     		0 0 0
    5215 OLD ORCHARD ROAD SUITE 880
    SKOKIE,IL60077
    ANDREW S HOCHBERG DIRECTOR
    0.25     		0 0 0
    5215 OLD ORCHARD ROAD SUITE 880
    SKOKIE,IL60077
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    7,567,071
    b
    Average of monthly cash balances.......................
    1b
    613,196
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,208,021
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,388,288
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    12,388,288
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    185,824
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    12,202,464
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    610,123
    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
    610,123
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    7,173
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,173
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    602,950
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    602,950
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    602,950
    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 7 602,950
    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...... 357,259
    b From 2017...... 659,575
    c From 2018...... 483,022
    d From 2019...... 666,700
    e From 2020...... 242,692
    f Total of lines 3a through e ........ 2,409,248
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 892,116
    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)........     		Click to see attachment892,116
    d Applied to 2021 distributable amount..... 0
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 602,950 602,950
    (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 2,698,414
    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) .......     		3,301,364
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    LARRY J HOCHBERG
    ANDREW S HOCHBERG
    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
    AKIVA-SCHECHTER JEWISH DAY SCHOOL
    5235 S CORNELL AVENUE
    CHICAGO,IL60615     		  PC GENERAL FUND 12,500
    AMCHA INITIATIVE
    PO BOX 408
    SANTA CRUZ,CA95061     		  PC GENERAL FUND 2,000
    AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF SCIENCE
    633 THIRD AVENUE
    NEW YORK,NY10017     		  PC GENERAL FUND 2,500
    AMERICAN FRIENDS ISRAEL PHILHARMONIC
    122 EAST 42ND STREET SUITE 4507
    NEW YORK,NY10168     		  PC GENERAL FUND 2,000
    AMERICAN FRIENDS OF ALYN HOSPITAL
    122 E 42ND ST 1519
    NEW YORK,NY10168     		  PC GENERAL FUND 250
    AMERICAN FRIENDS OF BEIT RUTH
    150 GREENWICH ST 29TH FL
    NEW YORK,NY10007     		  PC GENERAL FUND 3,000
    AMERICAN FRIENDS OF ISRAEL SPORT CENTER FOR THE DISABLED
    ONE NORTHFIELD PLAZA
    NORTHFIELD,IL60093     		  PC GENERAL FUND 1,000
    AMERICAN JEWISH COMMITTEE
    165 E 56TH ST
    NEW YORK,NY10022     		  PC GENERAL FUND 25,000
    AMERICAN JEWISH UNIVERSITY
    15600 MULHOLLAND DR
    LOS ANGELES,CA90077     		  PC GENERAL FUND 750
    AMERICAN SEPHARDI FEDERATION
    15 W 16TH ST
    NEW YORK,NY10011     		  PC GENERAL FUND 2,500
    AMERICAN TECHNION SOCIETY
    30 NORTH LASALLE ST SUITE 1515
    CHICAGO,IL60602     		  PC GENERAL FUND 10,000
    AMERICAN YOUTH SYMPHONY
    60 55TH STREET
    CLARIDON HILLS,IL60514     		  PC GENERAL FUND 2,500
    ANSHE EMET SYNAGOGUE
    3751 N BROADWAY
    CHICAGO,IL60613     		  PC GENERAL FUND 5,000
    AVENUES TO INDEPENDENCE
    515 BUSSE HWY
    PARK RIDGE,IL60068     		  PC GENERAL FUND 1,000
    BCH FOUNDATION
    4860 RIVERBEND RD
    BOULDER,CO80301     		  PC GENERAL FUND 500
    BEIT T'SHUVAH
    8831 VENICE BLVD
    LOS ANGELES,CA90034     		  PC GENERAL FUND 3,000
    BIRTHRIGHT ISRAEL FOUNDATION
    PO BOX 5892
    HICKSVILLE,NY11802     		  PC GENERAL FUND 43,000
    BNAI TIKVAH
    1558 WILMOT RD
    DEERFIELD,IL60015     		  PC GENERAL FUND 1,000
    BRIDGES OUTREACH
    120 MORRIS AVE
    SUMMIT,NJ07902     		  PC GENERAL FUND 250
    BRIGHT STAR COMMUNITY OUTREACH
    4518 S COTTAGE GROVE
    CHICAGO,IL60653     		  PC GENERAL FUND 1,000
    BYNC - BACK OF THE YARDS NEIGHBORHOOD COUNCIL
    1823 W 47TH STREET 2ND FL
    CHICAGO,IL60609     		  PC GENERAL FUND 250
    CAMERA
    PO BOX 35040
    BOSTON,MA02135     		  PC GENERAL FUND 3,000
    CENTER FOR ISRAEL EDUCATION
    825 HOUSTON MILL RD NE STE 114
    ATLANTA,GA30329     		  PC GENERAL FUND 10,000
    CHAI LIFELINE
    151 WEST 30TH STREET
    NEW YORK,NY30329     		  PC GENERAL FUND 500
    CHICAGO CENTER FOR TORAH
    6557 N LINCOLN AVE
    LINCOLNWOOD,IL60712     		  PC GENERAL FUND 2,000
    CHILDREN'S BURN FOUNDATION
    5000 VAN NUYS BLVD
    SHERMAN OAKS,CA91403     		  PC GENERAL FUND 250
    CHRISTIANS UNITED FOR ISRAEL
    PO BOX 1307
    SAN ANTONIO,TX78295     		  PC GENERAL FUND 400
    CONCERN FOUNDATION
    11111 W OLYMPIC BLVD STE 214
    LOS ANGELES,CA90064     		  PC GENERAL FUND 10,000
    CONFERENCE OF PRESIDENTS OF MAJOR AMERICAN JEWISH ORGANIZATIONS FUND
    633 THIRD AVENUE
    NEW YORK,NY10017     		  PC GENERAL FUND 2,500
    CONGREGATION BETH SHALOM
    3433 WALTERS AVE
    NORTHBROOK,IL60062     		  PC GENERAL FUND 1,000
    COUNCIL FOR JEWISH ELDERLY
    3003 W TOUCHY AVE
    CHICAGO,IL60645     		  PC GENERAL FUND 2,200
    CREATIVE COMMUNITY FOR PEACE
    PO BOX 34122
    LOS ANGELES,CA90034     		  PC GENERAL FUND 10,000
    EAGLES' WINGS
    514 14TH ST
    WEST PALM BEACH,FL33401     		  PC GENERAL FUND 3,000
    EB RESEARCH PARTNERSHIP
    132 EAST 43RD ST STE 432
    NEW YORK,NY10017     		  PC GENERAL FUND 1,000
    EL MEDIO INC
    600 BRICKELL AVE
    MIAMI,FL33131     		  PC GENERAL FUND 15,000
    EMET (ENDOWMENT FOR MIDDLE EAST TRUTH)
    PO BOX 66366
    WASHINGTON,DC20035     		  PC GENERAL FUND 5,000
    FIRST SONS OF ISRAEL - ST AUGUSTINE FL
    161 CORDOVA ST
    ST AUGUSTINE,FL32084     		  PC GENERAL FUND 1,000
    FOUNDATION FOR DEFENSE OF DEMOCRACIES (FDD)
    1800 M ST NW
    WASHINGTON,DC20033     		  PC GENERAL FUND 60,000
    FRIENDS OF ELNET (FELNET)
    5215 OLD ORCHARD ROAD STE 880
    SKOKIE,IL60077     		  PC GENERAL FUND 205,000
    FRIENDS OF IDF (FIDF)
    PO BOX 4224
    NEW YORK,NY10163     		  PC GENERAL FUND 101,000
    FRIENDS OF THE JEWISH CHAPEL
    326 FIRST STREET SUITE 22
    ANNAPOLIS,MD21403     		  PC GENERAL FUND 250
    HARMONY PROJECT
    4322 WILSHIRE BLVD STE 101
    LOS ANGELES,CA90010     		  PC GENERAL FUND 12,500
    HEBREW UNION COLLEGE
    3101 CLIFTON AVENUE
    CINCINNATI,OH45220     		  PC GENERAL FUND 20,000
    HILLEL AT UNIVERSITY OF WI
    611 LANGDON ST
    MADISON,WI53703     		  PC GENERAL FUND 9,000
    HUDSON INSTITUTE
    1201 PENNSYLVANIA AVENUE NW
    WASHINGTON,DC20004     		  PC GENERAL FUND 10,000
    ICS - JCRC (INSTITUTE FOR CURRICULUM SERVICES - JEWISH COMMUNITY RELATIONS
    131 STEUART ST STE 205
    SAN FRANCISCO,CA94105     		  PC GENERAL FUND 5,000
    ISRA AID
    PO BOX 61227
    PALO ALTO,CA94306     		  PC GENERAL FUND 2,500
    ISRAEL POLICY FORUM
    355 LEXINGTON AVE 4TH FL
    NEW YORK,NY10017     		  PC GENERAL FUND 1,000
    JEWISH BOOK COUNCIL
    520 8TH AVE 4TH FLOOR
    NEW YORK,NY10018     		  PC GENERAL FUND 5,000
    JEWISH CHILD AND FAMILY SERVICES
    216 W JACKSON BLVD 800
    CHICAGO,IL60606     		  PC GENERAL FUND 1,000
    JEWISH COMMUNITY CENTER CHABAD
    3661 GRENOBLE CT
    ROCKFORD,IL61114     		  PC GENERAL FUND 5,000
    JEWISH FUNDERS NETWORK
    150 WEST 30TH ST STE 900
    NEW YORK,NY10001     		  PC GENERAL FUND 1,099
    JEWISH INSTITUTE FOR LIBERAL VALUES
    PO BOX 9406
    COLUMBUS,OH43209     		  PC GENERAL FUND 7,500
    JEWISH JUMPSTART
    1801 AVENUE OF THE STARS
    LOS ANGELES,CA90067     		  PC GENERAL FUND 1,500
    JEWISH UNITED FUND
    30 S WELLS STREET
    CHICAGO,IL60606     		  PC GENERAL FUND 200
    JEWISH VOCATIONAL SERVICES
    135 N ARLINGTON HEIGHTS RD 104
    BUFFALO GROVE,IL60089     		  PC GENERAL FUND 250
    JEWISH WORLD WATCH
    5551 BALBOA BLVD
    ENCINO,CA91316     		  PC GENERAL FUND 10,000
    JEWS UNITED FOR DEMOCRACY & JUSTICE
    11960 W SUNSET BLVD
    LOS ANGELES,CA90049     		  PC GENERAL FUND 1,000
    JINSA - (JEWISH INSTITUTE FOR NATIONAL SECURITY OF AMERICA)
    1101 14TH STREET NW STE 1030
    WASHINGTON,DC20005     		  PC GENERAL FUND 12,500
    KESHET
    600 ACADEMY DR 130
    NORTHBROOK,IL60062     		  PC GENERAL FUND 2,500
    LAKE SHORE DRIVE SYNAGOGUE
    70 E ELM ST
    CHICAGO,IL60611     		  PC GENERAL FUND 250
    LUPUS SOCIETY OF IL
    411 S WELLS ST 710
    CHICAGO,IL60607     		  PC GENERAL FUND 250
    LYMPHOMA RESEARCH FOUNDATION
    WALL ST PLAZA 88 PINE STREET
    NEW YORK,NY10005     		  PC GENERAL FUND 500
    MAGIVIM ORG
    1550 SOUTH BEVERLY DRIVE SUITE 2
    LOS ANGELES,CA90035     		  PC GENERAL FUND 1,000
    MAOT CHITIM
    3710 COMMERCIAL AVE 7
    NORTHBROOK,IL60062     		  PC GENERAL FUND 500
    MERONA CAMPUS LEADERSHIP FOUNDATION
    16027 VENTURA BLVD
    ENCINO,CA914362728     		  PC GENERAL FUND 12,500
    MILKEN COMMUNITY SCHOOL
    15800 ZELDINS WAY
    LOS ANGELES,CA90049     		  PC GENERAL FUND 1,800
    ONE TABLE
    79 MADISON AVENUE
    NEW YORK,NY10016     		  PC GENERAL FUND 1,000
    PEF ISRAEL ENDOWMENT FUNDS
    630 THIRD AVE STE 1501
    NEW YORK,NY10017     		  PC GENERAL FUND 25,000
    PROCLAIMING JUSTICE TO THE NATIONS INC
    PO BOX 682711
    FRANKLIN,TN370682711     		  PC GENERAL FUND 30,000
    RAND CORP
    1776 MAIN STREET
    SANTA MONICA,CA904013208     		  PC GENERAL FUND 7,500
    ROLFE FOUNDATION
    4809 N RAVENSWOOD AVE 326
    CHICAGO,IL60640     		  PC GENERAL FUND 250
    SHALVA
    PO BOX 46375
    CHICAGO,IL60646     		  PC GENERAL FUND 500
    SINAI TEMPLE
    15 W DELAWARE PL
    CHICAGO,IL60610     		  PC GENERAL FUND 5,000
    SOLOMON SCHECHTER DAY SCHOOL
    3210 DUNDEE RD
    NORTHBROOK,IL60062     		  PC GENERAL FUND 1,750
    ST JUDE DREAM
    201 E RANDOLPH ST
    CHICAGO,IL60602     		  PC GENERAL FUND 1,000
    STAND WITH US
    PO BOX 340169
    LOS ANGELES,CA90034     		  PC GENERAL FUND 82,500
    STANDSTRONG
    692 SOUTH MILITARY TRAIL STE B
    DEERFIELD BEACH,FL33442     		  PC GENERAL FUND 25,025
    SUSAN G KOMEN BREAST CANCER FDN
    5005 LBJ FREEWAY STE 526
    DALLAS,TX75244     		  PC GENERAL FUND 250
    THE ALGEMEINER
    20 E 51ST STREET 185
    NEW YORK,NY10022     		  PC GENERAL FUND 250
    THE BROAD STAGE
    1310 11TH ST
    SANTA MONICA,CA90401     		  PC GENERAL FUND 1,500
    THE CHICAGO LIGHTHOUSE
    1850 WEST ROOSEVELT ROAD
    CHICAGO,IL60608     		  PC GENERAL FUND 2,500
    THE GUARDIANS
    2600A E SELTICE WAY 122
    POST FALLS,ID83854     		  PC GENERAL FUND 1,000
    THE JEWISH CENTER OF PRINCETON
    435 NASSAU ST
    PRINCETON,NJ08540     		  PC GENERAL FUND 500
    THE JEWISH MUSEUM
    1109 5TH AVE E 92ND ST
    NEW YORK,NY10128     		  PC GENERAL FUND 125
    THE SCHECHTER INSTITUTES
    BOX 3566 POB 8500
    PHILADELPHIA,PA19178     		  PC GENERAL FUND 2,500
    TORAH UMESORAH
    8150 MCCORMICK BLVD
    SKOKIE,IL60076     		  PC GENERAL FUND 5,000
    TRIBE MEDIA CORPORATION
    3250 WILSHIRE BLVD STE 1280
    LOS ANGELES,CA90010     		  PC GENERAL FUND 5,000
    UN WATCH
    PO BOX 5872
    WASHINGTON,DC20016     		  PC GENERAL FUND 5,000
    WTTW CHANNEL 11
    5400 N SAINT LOUIS AVE
    CHICAGO,IL60625     		  PC GENERAL FUND 1,000
    ZIONESS MOVEMENT
    244 FIFTH AVENUE SUITE A205
    NEW YORK,NY10001     		  PC GENERAL FUND 2,500
    Total .................................bullet 3a 883,099
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 414  
    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 ............     		    18 393,085  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME - BAXTER STREET FUND     		    14 -165  
    bSAVILE ROW TAX ADVANTAGED     14 -10,853  
    cSAVILE ROW CONVERTIBLE BOND     14 7,362  
    dSAVILE ROW GLOBAL MACRO FUND C     14 3,204  
    eEUSF, LLC     14 -7,098  
    fSAVILE ROW GLOBAL MACRO FUND C - UBIT 900001 1,753 14    
    12 Subtotal. Add columns (b), (d), and (e) .. 1,753 597,016 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    598,769
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

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

    36-3152002
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    HOCHBERG FAMILY FOUNDATION
          		Employer identification number
    36-3152002
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    ANDREW HOCHBERG
    77 SOUTH DEERE PARK
     
    HIGHLAND PARK, IL60035

    		$ 750,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    LARRY HOCHBERG
    180 EAST PEARSON APT 2016
     
    CHICAGO, IL60611

    		$ 192,100


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    LARRY HOCHBERG
    180 EAST PEARSON APT 2016
     
    CHICAGO, IL60611

    		$ 100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    LARRY HOCHBERG
    180 EAST PEARSON APT 2016
     
    CHICAGO, IL60611

    		$ 1,875,000


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

    		$  


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

    		$  


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

    36-3152002
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 10% MEMBER INTEREST IN NEXT FOUNTAIN SQUARE LLC $ 750,000 2022-01-07
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 2000 SHARES OF THE TRADE DESK INC COM CL A $ 192,100 2022-12-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    4
    		 25% MEMBER INTEREST IN NEXT FOUNTAIN SQUARE LLC $ 1,875,000 2022-01-07
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    HOCHBERG FAMILY FOUNDATION
          		Employer identification number

    36-3152002
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    HOCHBERG FAMILY FOUNDATION
    EIN:
    36-3152002
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 13,200 6,600   6,600

    TY 2021 DistributionFromCorpusElection
    Name:
    HOCHBERG FAMILY FOUNDATION
    EIN:
    36-3152002
    Election:
    PURSUANT TO IRC SECTION 4942(H)(2) AND REGULATION 53.4942(A)-3(D)(2), THE ABOVE REFERENCED FOUNDATION HEREBY ELECTS TO TREAT CURRENT-YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF CORPUS.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    HOCHBERG FAMILY FOUNDATION
    EIN:
    36-3152002
    Name of Bond End of Year Book Value End of Year Fair Market Value
    VANGUARD INFLATION PROCTED SEC ADM CL 32,596 27,297
    CARILLON REAMS CORE PLUS BOND CL I 634,104 593,241
    GMO OPPORTUNISTIC INCOME FUND INSTL 178,979 168,456
    DODGE & COX INCOME CL I 793,467 699,646
    J P MORGAN EXCHANGE TRADED FD INFLATION 273,987 263,942

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    HOCHBERG FAMILY FOUNDATION
    EIN:
    36-3152002
    Name of Stock End of Year Book Value End of Year Fair Market Value
    APPLE INC 5,766 60,396
    PZENA EMERGING MRKTS FOCUSED VAL INSTL 391,889 362,358
    POLAR CAPITAL EMERG MARKET STARS I 346,500 335,745
    OAKMARK INTL ADVISOR FUND 301,500 274,334
    VANGUARD TOTAL STOCK MARKET INDEX ADMIRAL 2,086,031 2,673,348
    KOPERNIK GLOBAL ALL CAP FUND INSTL 402,867 345,577
    ISHARES TR MSCI USA MMENTM 255,459 355,167
    GOLDMAN SACHS GQG PARTNERS INTL OPP I 258,426 267,202
    LAZARD GLOBAL LISTED INFRASTRUCTE INSTL 159,223 160,315
    VANGUARD WORLD FDS VANGUARD INFORMATION 6,331 20,876
    GMO RESOURCES FUND I 305,540 432,328
    DFA US LARGE CAP VALUE PRTF INSTL 433,882 533,256

    TY 2021 InvestmentsOtherSchedule2
    Name:
    HOCHBERG FAMILY FOUNDATION
    EIN:
    36-3152002
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    EUSF LLC AT COST 237,902 237,902
    SAVILE ROW CONVERTIBLE BOND AT COST 251,886 251,886
    SAVILE ROW GLOBAL MACRO FUND C AT COST 247,232 247,232
    SAVILE ROW HEALTHCARE HEDGED EQUITY AT COST 8,102 11,098
    SAVILE ROW TAX ADVANTAGED AT COST 236,253 236,253
    SR DIVERSIFIED STRATEGIES AT COST 1,000,000 1,000,000
    BAXTER STREET FUND II, LP AT COST 790,820 781,989

    TY 2021 OtherDecreasesSchedule
    Name:
    HOCHBERG FAMILY FOUNDATION
    EIN:
    36-3152002
    Description Amount
    BOOK/TAX DIFFERENCE IN DONATED SECURITIES 163,519
    BOOK/TAX DIFFERENCE IN DONATED K-1 142,450


    TY 2021 OtherExpensesSchedule
    Name:
    HOCHBERG FAMILY FOUNDATION
    EIN:
    36-3152002
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 15 15   0
    FILING FEES 15 0   15
    BAXTER STREET FUND K-1 EXPENSES 10,264 10,264   0
    SAVILE ROW FINANCIALS HEDGED K-1 EXPENSES 217 217   0
    SAVILE ROW HEALTHCARE HEDGED K-1 EXPENSES 208 208   0
    SAVILE ROW TAX ADVANTAGED K-1 EXPENSES 3,326 3,326   0
    SAVILE ROW CONVERTIBLE BOND K-1 EXPENSES 476 476   0
    SAVILE ROW GLOBAL MACRO FUND C K-1 EXPENSES 725 725   0
    REIMBURSED CHARITABLE EXPENSES 2,402 0   2,402


    TY 2021 OtherIncomeSchedule2
    Name:
    HOCHBERG FAMILY FOUNDATION
    EIN:
    36-3152002
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME - BAXTER STREET FUND -165 -165 -165
    SAVILE ROW TAX ADVANTAGED -10,853 -10,853 -10,853
    SAVILE ROW CONVERTIBLE BOND 7,362 7,362 7,362
    SAVILE ROW GLOBAL MACRO FUND C 3,204 3,204 3,204
    EUSF, LLC -7,098 -7,098 -7,098
    SAVILE ROW GLOBAL MACRO FUND C - UBIT 1,753 0 1,753


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    HOCHBERG FAMILY FOUNDATION
    EIN:
    36-3152002
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FIDELITY FEES 48,631 48,631   0


    TY 2021 TaxesSchedule
    Name:
    HOCHBERG FAMILY FOUNDATION
    EIN:
    36-3152002
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 2,362 2,362   0
    FEDERAL TAXES 7,295 0   0