Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 09-01-2021 , and ending 08-31-2022
Name of foundation
THE GOTTESMAN FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)2300 N STREET NW 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20037
A Employer identification number

52-6061469
B Telephone number (see instructions)

(202) 457-1600
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$401,179,331J 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) 5,013,739
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 3,405,546 3,338,101  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment -9,654,990
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -1,360,860 -1,360,860  
12 Total. Add lines 1 through 11........ -2,596,565 1,977,241  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 299,219 0   299,219
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 208,668 0   208,668
16a Legal fees (attach schedule)......... Click to see attachment 14,157 0   14,157
b Accounting fees (attach schedule)....... Click to see attachment 262,000 262,000   0
c Other professional fees (attach schedule).... Click to see attachment 319,315 0   319,315
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 905,946 5,946   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 22,881 0   22,881
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 144,394 126,324   18,070
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,176,580 394,270   882,310
25 Contributions, gifts, grants paid....... 24,897,117 24,897,117
26 Total expenses and disbursements. Add lines 24 and 25 27,073,697 394,270   25,779,427
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -29,670,262
b Net investment income (if negative, enter -0-) 1,582,971
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......... 29,965,663 12,333,215 12,333,215
3 Accounts receivable bullet2,000,000
Less: allowance for doubtful accounts bullet   2,000,000 2,000,000 2,000,000
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.......... 5,188 494 494
10a Investments—U.S. and state government obligations (attach schedule) 2,182,214 Click to see attachment1,314,793 1,271,874
b Investments—corporate stock (attach schedule)....... 86,850,643 Click to see attachment105,216,548 154,999,498
c Investments—corporate bonds (attach schedule)....... 16,577,801 Click to see attachment15,387,027 14,706,221
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 156,259,563 Click to see attachment127,918,731 215,868,029
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) 293,841,072 264,170,808 401,179,331
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 293,841,072 264,170,808
29 Total net assets or fund balances (see instructions)..... 293,841,072 264,170,808
30 Total liabilities and net assets/fund balances (see instructions). 293,841,072 264,170,808
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
293,841,072
2
Enter amount from Part I, line 27a .....................
2
-29,670,262
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
264,170,810
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
264,170,808
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 CAPITAL GAINS FROM PUBLICLY TRADED SECURITIES P    
b LOSS ON WRITE OFF OF INVESTMENT IN BLMIS, LLC P    
c CLASS ACTION SETTLEMENTS P    
d FROM PARTNERSHIPS: P    
e BROOKFIELD INFRASTRUCTURE P    
FM FIRST CHINA FUND LLC P    
FMC RESEARCH P    
GREENLEA LANE CAPITAL PARTNERS LP P    
ROCK SPRINGS CAPITAL FUND P    
DISTRIBUTION IN EXCESS OF BASIS - CRC GLO STRUCTURED FUND P    
DISTRIBUTION IN EXCESS OF BASIS - GS INVESTMENT PARTNERS LP P    
LOSS ON SALE OF ARBITER PARTNERS OFFSHORE LTD. 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       14,106,217
b       -17,370,942
c       5,249
d       0
e       7,155
      391,417
      796,464
      2,144,074
      2,874,375
      114,861
      2,773
      -5,439,627
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       14,106,217
b       -17,370,942
c       5,249
d       0
e       7,155
      391,417
      796,464
      2,144,074
      2,874,375
      114,861
      2,773
      -5,439,627
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 -2,367,984
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 22,003
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 22,003
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 560,516
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.............. 7 560,516
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 10 538,513
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet538,513 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDC
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletROBERT W GOTTESMAN Telephone no.bullet (212) 756-3452

    Located atbulletC/O FIRST MANHATTAN CO 399 PARK AVENEW YORKNY ZIP+4bullet10022
    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
    DAVID S GOTTESMAN PRESIDENT EMERITUS
    3.00     		0 0 0
    26 ISLAND DRIVE
    RYE,NY10580
    RUTH L GOTTESMAN CO-PRESIDENT
    3.00     		0 0 0
    26 ISLAND DRIVE
    RYE,NY10580
    ROBERT W GOTTESMAN CO-PRESIDENT
    3.00     		0 0 0
    888 PARK AVE
    NEW YORK,NY10075
    ALICE R GOTTESMAN CHAIRPERSON
    3.00     		0 0 0
    C/O FIRST MANHATTAN CO399 PARK AVE
    NEW YORK,NY10022
    WILLIAM L GOTTESMAN TREASURER
    3.00     		0 0 0
    100 OVERLAKE PARK
    BURLINGTON,VT05401
    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
    DIANE EIDMAN DIRECTOR
    35.00     		299,219 208,668 0
    572 COUNTY ROUTE 32
    NORTH CHATHAM,NY12132
    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
    DAVID HARMAN CONSULTING 199,000
    53 SHMARYAHU LEVIN
    JERUSALEM    
    IS
    SHUNIMI ENGINEERING LTD CONSULTING 70,200
    36 HAVATZELET ST
    HOD HASHARON    
    IS
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 NONE 0
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    442,271,741
    b
    Average of monthly cash balances.......................
    1b
    14,448,829
    c
    Fair market value of all other assets (see instructions)................
    1c
    2,000,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    458,720,570
    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
    458,720,570
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    6,880,809
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    451,839,761
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    22,591,988
    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
    22,591,988
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    22,003
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    22,003
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    22,569,985
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    22,569,985
    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
    22,569,985
    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 22,569,985
    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...... 6,314,509
    b From 2017...... 6,017,254
    c From 2018...... 7,489,635
    d From 2019...... 7,497,983
    e From 2020...... 3,998,026
    f Total of lines 3a through e ........ 31,317,407
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 25,779,427
    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..... 22,569,985
    e Remaining amount distributed out of corpus 3,209,442
    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 34,526,849
    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) ...     		6,314,509
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		28,212,340
    10 Analysis of line 9:
    a Excess from 2017.... 6,017,254
    b Excess from 2018.... 7,489,635
    c Excess from 2019.... 7,497,983
    d Excess from 2020.... 3,998,026
    e Excess from 2021.... 3,209,442
    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).)
    DAVID S GOTTESMAN
    RUTH L GOTTESMAN
    ROBERT W GOTTESMAN
    ALICE R GOTTESMAN
    WILLIAM L GOTTESMAN
    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
    AM FRIENDS OF THE ISRAEL PHIL ORCHESTRA
    122 EAST 42ND STREET
    NEW YORK,NY10168     		  PUBLIC GENERAL SUPPORT 10,000
    AMJEWISH JOINT DIST COMMITTEE INC
    220 EAST 42ND ST
    NEW YORK,NY10017     		  PUBLIC GENERAL SUPPORT 83,000
    AMERICAN FRIENDS OF BATSHEVA
    1201 BROADWAY
    NEW YORK,NY10001     		  PUBLIC GENERAL SUPPORT 30,000
    AMERICAN FRIENDS OF LEKET ISRAEL INC
    PO BOX 2090
    TEANECK,NJ07666     		  PUBLIC GENERAL SUPPORT 300,000
    AMERICAN FRIENDS OF SHENKAR
    315 WEST 36TH STREET
    NEW YORK,NY10018     		  PUBLIC GENERAL SUPPORT 30,000
    AMERICAN JEWISH HISTORICAL SOCIETY
    15 WEST 16TH STREET
    NEW YORK,NY10011     		  PUBLIC GENERAL SUPPORT 10,000
    AMERICAN JEWISH WORLD SERVICE
    45 WEST 36TH STREET 11TH FLOOR
    NEW YORK,NY10018     		  PUBLIC GENERAL SUPPORT 150,000
    AMERICARES FOUNDATION INC
    88 HAMILTON AVENUE
    STAMFORD,CT06902     		  PUBLIC GENERAL SUPPORT 50,000
    ARTIS
    PO BOX 979
    NEW YORK,NY10013     		  PUBLIC GENERAL SUPPORT 10,000
    ASPNI
    28 ARRANDALE AVENUE
    GREAT NECK,NY11024     		  PUBLIC GENERAL SUPPORT 100,000
    ASSOCIATION TO BENEFIT CHILDREN
    419 EAST 86TH STREET
    NEW YORK,NY10028     		  PUBLIC GENERAL SUPPORT 150,000
    AVODAH
    125 MAIDEN LANE 8B
    NEW YORK,NY10038     		  PUBLIC GENERAL SUPPORT 35,000
    BARD COLLEGE
    PO BOX 5000
    ANNANDALEONHUDSON,NY12504     		  PUBLIC GENERAL SUPPORT 240,000
    BARNARD COLLEGE
    3009 BROADWAY
    NEW YORK,NY10027     		  PUBLIC GENERAL SUPPORT 25,000
    BAY RIDGE PREP
    8101 RIDGE BLVD
    BROOKLYN,NY11209     		  PUBLIC GENERAL SUPPORT 333,333
    BI-CULTURAL HEBREW ACADEMY OF CONNECTICUT
    1937 WEST MAIN STREET
    STAMFORD,CT06902     		  PUBLIC GENERAL SUPPORT 80,000
    BRONX CHILDREN'S MUSEUM
    PO BOX 1381
    BRONX,NY10451     		  PUBLIC GENERAL SUPPORT 35,000
    BROWN UNIVERSITY
    BOX 1893
    PROVIDENCE,RI02912     		  PUBLIC GENERAL SUPPORT 20,000
    CAPSTONE COMMUNITY ACTION
    20 GABLE PLACE
    BARRE,VT05641     		  PUBLIC GENERAL SUPPORT 125,000
    CARE INC
    151 ELLIS STREET NE
    ATLANTA,GA30303     		  PUBLIC GENERAL SUPPORT 50,000
    CENTER FOR REPRODUCTIVE RIGHTS
    199 WATER STREET
    NEW YORK,NY10038     		  PUBLIC GENERAL SUPPORT 75,000
    CENTRAL PARK CONSERVANCY
    14 EAST 60TH STREET
    NEW YORK,NY10022     		  PUBLIC GENERAL SUPPORT 200,000
    CHAMPLAIN COLLEGE
    163 SOUTH WILLARD STREET
    BURLINGTON,VT05402     		  PUBLIC GENERAL SUPPORT 30,000
    CHILDREN'S AID SOCIETY
    711 THIRD AVENUE
    NEW YORK,NY10017     		  PUBLIC GENERAL SUPPORT 150,000
    COALITION FOR THE HOMELESS INC
    129 FULTON STREET
    NEW YORK,NY10038     		  PUBLIC GENERAL SUPPORT 150,000
    CONGREGATION KEHILATH JESHURUN
    125 EAST 85TH STREET
    NEW YORK,NY10028     		  PUBLIC GENERAL SUPPORT 24,000
    CONGREGATION OR ZARUA
    127 EAST 82ND STREET
    NEW YORK,NY10028     		  PUBLIC GENERAL SUPPORT 25,000
    COUNCIL OF AMERICAN JEWISH MUSEUMS
    PO BOX 12025
    JACKSON,MS39236     		  PUBLIC GENERAL SUPPORT 25,000
    DARTMOUTH COLLEGE
    6066 DEVELOPMENT OFFICE
    HANOVER,NH03755     		  PUBLIC GENERAL SUPPORT 20,000
    DOROT INC
    171 WEST 85 ST
    NEW YORK,NY10024     		  PUBLIC GENERAL SUPPORT 50,000
    ECHO LEAHY CENTER FOR LAKE CHAMPLAIN
    1 COLLEGE ST
    BURLINGTON,VT05401     		  PUBLIC GENERAL SUPPORT 45,000
    FOOD BANK FOR NEW YORK CITY
    39 BROADWAY
    NEW YORK,NY10006     		  PUBLIC GENERAL SUPPORT 200,000
    FOUNDATION FOR JEWISH CAMP
    253 W 35TH STREET
    NEW YORK,NY10001     		  PUBLIC GENERAL SUPPORT 410,000
    FRIENDS OF THE ISRAEL DEFENSE FORCES
    60 EAST 42ND STREET
    NEW YORK,NY10165     		  PUBLIC GENERAL SUPPORT 20,000
    GENERATOR INC
    40 SEARS LANE
    BURLINGTON,VT05401     		  PUBLIC GENERAL SUPPORT 25,000
    GOLDA OCH ACADEMY
    1418 PLEASANT VALLEY WAY
    WEST ORANGE,NJ07052     		  PUBLIC GENERAL SUPPORT 170,000
    GOOD SHEPHERD SERVICES
    305 SEVENTH AVE 9TH FL
    NEW YORK,NY10001     		  PUBLIC GENERAL SUPPORT 150,000
    GROWNYC
    100 GOLD STREET SUITE 3300
    NEW YORK,NY10038     		  PUBLIC GENERAL SUPPORT 250,000
    HARVARD BUSINESS SCHOOL FUND
    TEELE HALL
    BOSTON,MA02163     		  PUBLIC GENERAL SUPPORT 250,000
    HEBREW COLLEGE
    160 HERRICK ROAD
    NEWTON,MA02459     		  PUBLIC GENERAL SUPPORT 60,000
    HILLEL - THE FDN FOR JEWISH CAMPUS LIFE
    CHARLES AND LYNN SCHUSTERMAN
    INTERNATIONAL CENTER
    WASHINGTON,DC20001     		  PUBLIC GENERAL SUPPORT 150,000
    HORTICULTURAL SOCIETY OF NEW YORK
    148 WEST 37TH STREET 13
    NEW YORK,NY10018     		  PUBLIC GENERAL SUPPORT 25,000
    INSTITUTE FOR CURRICULUM SERVICES
    121 STEUART ST STE 301
    SAN FRANCISCO,CA94105     		  PUBLIC GENERAL SUPPORT 150,000
    INTERNATIONAL MEDICAL CORPS
    12400 WILSHIRE BLVD SUITE 1500
    LOS ANGELES,CA90025     		  PUBLIC GENERAL SUPPORT 50,000
    INTERVALE CENTER
    180 INTERVALE RD
    BURLINGTON,VT05401     		  PUBLIC GENERAL SUPPORT 55,000
    ISRAAID (US) GLOBAL HUMANIT ASSIST INC
    555 COLLEGE AVENUE
    PALO ALTO,CA94306     		  PUBLIC GENERAL SUPPORT 50,000
    ISRAEL CENTER FOR EXCELLENCE THROUGH EDU
    14305 DAWNWOOD CT
    HOMER GLEN,IL60491     		  PUBLIC GENERAL SUPPORT 720,000
    ISRAEL ON CAMPUS COALITION
    PO BOX 34640
    WASHINGTON,DC20043     		  PUBLIC GENERAL SUPPORT 200,000
    JEWISH CHILD CARE ASSOCIATION
    858 E 29TH STREET
    BROOKLYN,NY11210     		  PUBLIC GENERAL SUPPORT 75,000
    JEWISH COMMUNITIES OF VERMONT
    47 MAPLE STREET
    BURLINGTON,VT05401     		  PUBLIC GENERAL SUPPORT 8,000
    JOHN HOPKINS UNIVTHE SHERIDAN LIBRARIES
    3400 N CHARLES STREET
    BALTIMORE,MD21218     		  PUBLIC GENERAL SUPPORT 133,333
    LAWYERS FOR CHILDREN INC
    110 LAFAYETTE ST
    NEW YORK,NY10013     		  PUBLIC GENERAL SUPPORT 20,000
    LURIA ACADEMY OF BROOKLYN
    238 ST MARKS AVENUE
    BROOKLYN,NY11238     		  PUBLIC GENERAL SUPPORT 125,000
    MA'AYANOT YESHIVA HIGH SCHOOL FOR GIRLS
    1650 PALISADE AVENUE
    TEANECK,NJ07666     		  PUBLIC GENERAL SUPPORT 180,000
    MARLENE MEYERSON JCC IN MANHATTAN
    334 AMSTERDAM AVENUE
    NEW YORK,NY10023     		  PUBLIC GENERAL SUPPORT 275,000
    MAYOR'S FUND TO ADVANCE NYC
    253 BROADWAY
    NEW YORK,NY10007     		  PUBLIC GENERAL SUPPORT 100,000
    MEET INTERNATIONAL INC
    177 HUNTINGTON AVE STE 1703
    BOSTON,MA02115     		  PUBLIC GENERAL SUPPORT 100,000
    MET COUNCIL ON JEWISH POVERTY
    77 WATER STREET
    NEW YORK,NY10005     		  PUBLIC GENERAL SUPPORT 150,000
    MILTON GOTTESMAN JEWISH DAY SCHOOL
    6045 16TH STREET NW
    WASHINGTON,DC20011     		  PUBLIC GENERAL SUPPORT 150,000
    MONGABAY ORG CORPORATION
    1259 EL CAMINO REAL 150
    MENLO PARK,CA94025     		  PUBLIC GENERAL SUPPORT 15,000
    MOUNT SINAI HEALTH SYSTEM
    ONE GUSTAVE L LEVY PLACE
    NEW YORK,NY10029     		  PUBLIC GENERAL SUPPORT 1,300,000
    MT HOLYOKE COLLEGE
    OFFICE OF ADVANCEMENT
    SOUTH HADLEY,MA01075     		  PUBLIC GENERAL SUPPORT 10,000
    NATIONAL GALLERY OF ART
    2000B SOUTH CLUB DRIVE
    WASHINGTON,DC20785     		  PUBLIC GENERAL SUPPORT 12,000
    NATLALLIANCE ON MENTAL ILLNESS OF NYC
    505 EIGHTH AVENUE
    NEW YORK,NY10018     		  PUBLIC GENERAL SUPPORT 75,000
    NEW YORK CARES
    65 BROADWAY
    NEW YORK,NY10006     		  PUBLIC GENERAL SUPPORT 75,000
    NEW YORK COMMON PANTRY
    8 EAST 109TH STREET
    NEW YORK,NY10029     		  PUBLIC GENERAL SUPPORT 250,000
    NEW YORKER FOR PARKS
    55 BROAD STREET
    NEW YORK,NY10004     		  PUBLIC GENERAL SUPPORT 5,000
    PEF - ISRAEL ENDOWMENT FD
    630 THIRD AVENUE
    NEW YORK,NY10017     		  PUBLIC GENERAL SUPPORT 8,472,696
    PLAN A HEALTH INC
    PO BOX 20066
    NEW YORK,NY10025     		  PUBLIC GENERAL SUPPORT 12,500
    RAMAZ SCHOOL
    114 EAST 85TH STREET
    NEW YORK,NY10028     		  PUBLIC GENERAL SUPPORT 1,250,000
    SANCTUARY FOR FAMILIES
    PO BOX 1406
    NEW YORK,NY10268     		  PUBLIC GENERAL SUPPORT 30,000
    SAR ACADEMY
    655 WEST 254TH STREET
    RIVERDALE,NY10583     		  PUBLIC GENERAL SUPPORT 375,000
    SAVE THE CHILDREN
    501 KINGS HIGHWAY EAST
    FAIRFIELD,CT06825     		  PUBLIC GENERAL SUPPORT 5,000
    SCHECHTER SCHOOL OF LONG ISLAND
    1 BARBARA LANE
    JERICHO,NY11753     		  PUBLIC GENERAL SUPPORT 100,000
    SINAI SCHOOLS
    240 FRISCH COURT
    PARAMUS,NJ07652     		  PUBLIC GENERAL SUPPORT 50,000
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    262 DANNY THOMAS PLACE
    MEMPHIS,TN38105     		  PUBLIC GENERAL SUPPORT 5,000
    STORYVILLE CENTER FOR THE SPOKEN WORD
    75 BROAD STREET
    NEW YORK,NY10004     		  PUBLIC GENERAL SUPPORT 7,200
    TEACHERS COLLEGE
    525 WEST 120TH STREET
    NEW YORK,NY10027     		  PUBLIC GENERAL SUPPORT 100,000
    THE BRIDGE
    290 LENOX AVE
    NEW YORK,NY10027     		  PUBLIC GENERAL SUPPORT 5,000
    THE BROTHERHOODSISTER SOL
    140 HAMILTON PLACE
    NEW YORK,NY10031     		  PUBLIC GENERAL SUPPORT 125,000
    THE FOUNDATION FOR CITY COLLEGE
    205 EAST 42 STREET
    NEW YORK,NY10017     		  PUBLIC GENERAL SUPPORT 81,250
    THE FRISCH SCHOOL
    120 WEST CENTURY ROAD
    PARAMUS,NJ07652     		  PUBLIC GENERAL SUPPORT 517,000
    THE JEWISH MUSEUM
    1109 FIFTH AVENUE
    NEW YORK,NY10128     		  PUBLIC GENERAL SUPPORT 68,000
    THE LAB SHUL
    125 MAIDEN LANE
    NEW YORK,NY10038     		  PUBLIC GENERAL SUPPORT 5,000
    THE LEFFELL SCHOOL
    555 WEST HARTSDALE AVE
    HARTSDALE,NY10530     		  PUBLIC GENERAL SUPPORT 375,000
    THE NEW YORK PUBLIC LIBRARY
    445 FIFTH AVENUE 8TH FLOOR
    NEW YORK,NY10016     		  PUBLIC GENERAL SUPPORT 2,000,000
    THE SHEFA SCHOOL
    40 EAST 29TH STREET
    NEW YORK,NY10016     		  PUBLIC GENERAL SUPPORT 250,000
    TIVNU BUILDING JUSTICE
    7971 SE 11TH AVENUE
    PORTLAND,OR97202     		  PUBLIC GENERAL SUPPORT 25,000
    TORAH ACADEMY OF BERGEN COUNTY
    1600 QUEEN ANNE ROAD
    TEANECK,NJ07666     		  PUBLIC GENERAL SUPPORT 100,000
    UJA-FEDERATION OF NEW YORK
    130 EAST 59TH STREET
    NEW YORK,NY10022     		  PUBLIC GENERAL SUPPORT 745,805
    UNIV OF SOUTHERN CALIFORNIA SHOAH FDN
    650 WEST 35TH STREET
    LOS ANGELES,CA90007     		  PUBLIC GENERAL SUPPORT 200,000
    UNIVERSITY OF WISCONSIN FOUNDATION
    1848 UNIVERSITY AVE
    MADISON,WI53726     		  PUBLIC GENERAL SUPPORT 50,000
    WEST SIDE CAMPAIGN AGAINST HUNGER
    263 W 86TH STREET
    NY,NY10024     		  PUBLIC GENERAL SUPPORT 250,000
    WESTERN STATES CENTER
    PO BOX 40305
    PORTLAND,OR97240     		  PUBLIC GENERAL SUPPORT 50,000
    WORLD CENTRAL KITCHEN INC
    200 MASSACHUSETTS AVE NW
    WASHINGTON,DC20001     		  PUBLIC GENERAL SUPPORT 50,000
    ZAMIR CHORAL FOUNDATION INC
    475 RIVERSIDE DRIVE
    NEW YORK,NY10115     		  PUBLIC GENERAL SUPPORT 209,000
    ABRAHAM JOSHUA HESCHEL SCHOOL
    20 WEST END AVENUE
    NEW YORK,NY10023     		  PUBLIC GENERAL SUPPORT 425,000
    ADVOCATES FOR CHILDREN OF NEW YORK INC
    151 W 30TH ST 5TH FLOOR
    NEW YORK,NY10001     		  PUBLIC GENERAL SUPPORT 75,000
    ALBERT EINSTEIN COLLEGE OF MEDICINE
    1300 MORRIS PARK AVENUE
    BRONX,NY10461     		  PUBLIC GENERAL SUPPORT 230,000
    Total .................................bullet 3a 24,897,117
    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 ...........     		         
    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 -9,654,990  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aADJUSTMENT - OTHER INVESTMENT INCOME     		  0 01 -1,360,860 0
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 -7,610,304 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -7,610,304
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


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

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

    52-6061469
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    THE GOTTESMAN FUND
          		Employer identification number
    52-6061469
    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
    ROBERT W GOTTESMAN
     
    888 PARK AVE
     
    NEW YORK, NY10075

    		$ 4,014,469


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    ALICE R GOTTESMAN
     
    118 W 79TH ST
     
    NEW YORK, NY10024

    		$ 999,269


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    THE GOTTESMAN FUND
          		Employer identification number

    52-6061469
    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
    		 23,071 SHARES APPLE, INC. $ 4,014,469 2021-12-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 6,175 SHARES LIBERTY BROADBAND CORP. SER C $ 999,269 2021-12-31
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    THE GOTTESMAN FUND
          		Employer identification number

    52-6061469
    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:
    THE GOTTESMAN FUND
    EIN:
    52-6061469
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 262,000 262,000   0

    TY 2021 AllOthProgRltdInvestmentsSch
    Name:
    THE GOTTESMAN FUND
    EIN:
    52-6061469
    Category Amount
    NONE 0

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 GainLossSaleOtherAssetsSch
    Name:
    THE GOTTESMAN FUND
    EIN:
    52-6061469
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    UNREALIZED LOSS ON SALE OF DONATED STOCK   PURCHASED         COST 0 -7,287,006  

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE GOTTESMAN FUND
    EIN:
    52-6061469
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AFLAC INC - 3.625 NOV 15 24 504,790 498,386
    ALLSTATE CORP - 6.125 DEC 15 32 199,175 164,378
    BLACKROCK INC - 3.500 MAR 18 24 414,080 408,882
    BROOKFIELD FIN INC - 4.250 JUN 02 26 500,660 493,628
    CANADIAN NATL RY CO - 6.900 JUL 15 28 93,273 84,358
    CANADIAN NATL RY CO - 7.375 OCT 15 31 70,857 60,249
    CATERPILLAR INC - 6.625 JUL 15 28 125,110 110,957
    CLOROX CO DEL - 1.800 MAY 15 30 149,046 118,947
    CLOROX CO DEL - 3.100 OCT 01 27 102,662 95,037
    COMCAST CABLE COMMUN - 9.455 NOV 15 22 760,527 758,781
    CUMMINS INC - 7.125 MAR 01 28 364,278 330,631
    ELM ROAD GENERATING - 5.209 FEB 11 30 144 - FACTOR=0.568344 277,008 256,442
    EQUINOR ASA - 2.450 JAN 17 23 RGD 498,157 498,420
    ESSEX PORTFOLIO L P - 4.000 MAR 01 29 168,453 142,213
    ESTEE LAUDER COS INC - 2.375 DEC 01 29 212,427 177,408
    EVERSOURCE ENERGY - 4.250 APR 01 29 267,392 243,759
    DIAGEO INVT CORP - 8.000 SEP 15 22 RGD 125,224 125,220
    GENERAL MTRS FINL CO - FLTG 6.500 PERP 391,159 321,601
    JPMORGAN CHASE & CO - 3.300 APR 01 26 64,051 58,126
    KRAFT HEINZ FOODS CO - 4.250 MAR 01 31 502,953 427,576
    LABORATORY CORP AMER - 3.600 FEB 01 25 450,374 443,653
    LEGGETT & PLATT INC - 3.800 NOV 15 24 119,196 118,761
    LEGGETT & PLATT INC - 4.400 MAR 15 29 349,524 314,833
    LOEWS CORP - 2.625 MAY 15 23 499,548 496,352
    NATIONAL RURAL UTILS - 3.700 MAR 15 29 299,257 261,843
    NEWELL BRANDS INC - 4.000 DEC 01 24 499,339 493,040
    ORACLE CORP - 2.650 JUL 15 26 146,760 138,316
    PACCAR FINL CORP SR - 3.400 AUG 09 23 100,653 99,788
    PACIFIC BELL - 7.125 MAR 15 26 552,393 532,871
    PARKER-HANNIFIN CORP - 3.300 NOV 21 24 124,649 122,920
    PRECISION CASTPARTS - 3.250 JUN 15 25 113,758 113,664
    PROVIDENCE ST JOSEPH - 0.000 OCT 01 29 105,904 87,976
    PUBLIC STORAGE - 3.385 MAY 01 29 269,446 235,461
    RAYTHEON TECHNOLOGIES - 7.000 NOV 01 28 78,506 71,926
    S&P GLOBAL INC - 3.750 AUG 01 28 144 87,349 76,830
    TARGET CORP - 7.000 JUL 15 31 RGD 96,387 82,354
    UNION PACIFIC RR CO - 6.176 JAN 02 31 - FACTOR=0.378034 96,264 86,783
    VERIZON COMMUNICATIO - 4.016 DEC 03 29 105,951 91,147
    VERIZON COMMUNICATIO - 4.329 SEP 21 28 257,450 256,587
    WASTE MGMT INC DEL - 7.100 AUG 01 26 117,497 109,599
    ZENECA WILMINGTON IN - 7.000 NOV 15 23 RGD 607,334 600,852
    VANGUARD FIXED INCM - STRM INVGRA AD 4,518,206 4,495,666

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE GOTTESMAN FUND
    EIN:
    52-6061469
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE INC - COMMON 1,691,120 2,026,985
    ALLY FINL INC - COMMON 709,157 1,371,160
    ALPHABET INC - CLASS C 1,974,525 5,457,500
    ALPHABET INC - CLASS C 1,327,696 3,820,250
    ALPHABET INC - CLASS C 991,904 1,940,687
    AMALGAMATED FINANCIAL - COMMON 241,618 315,000
    AMAZON COM INC - COMMON 8,067,417 6,338,500
    AMERICAN TOWER CORP - COMMON 4,221,826 3,810,750
    ANGI HOMESERVICES - COMMON 1,301,937 568,400
    ANHEUSER BUSCH INBEV - SPON ADR 1,061,140 764,088
    APPLE INC - COMMON 1,140,417 11,005,400
    APPLE INC - COMMON 672,034 3,954,083
    AUTOZONE INC - COMMON 3,007,469 5,298,025
    AUTOZONE INC - COMMON 1,233,094 2,193,382
    AXIS CAPITAL HOLDINGS - ORDINARY 366,870 425,200
    BERKSHIRE HATHAWAY - CLASS A 40 842,616
    BROOKFIELD ASSET MGT - CLASS A LTD VTG 727,446 1,695,878
    BROOKFIELD ASSET MGT - CLASS A LTD VTG 731,397 1,197,650
    CAPITAL ONE FINL CO - COMMON 662,585 952,380
    CBIZ INC - COMMON 351,187 624,338
    COMCAST CORP - CLASS A 1,408,496 1,069,415
    COPART INC - COMMON 1,264,765 1,196,500
    DANAHER CORP - COMMON 2,257,590 10,796,400
    ENBRIDGE INC - COMMON 692,852 974,853
    ENTEGRIS INC - COMMON 3,113,340 2,922,304
    FACEBOOK INC - CLASS A 1,219,406 949,067
    GATES INDL CORP PL - ORDINARY 554,164 518,848
    HONEYWELL INTL INC - COMMON 1,925,680 3,218,950
    IAC INTERACTIVECORP - COMMON 2,577,433 2,892,150
    INTER CONTINENTAL EX - COM 2,425,943 3,025,500
    JOHNSON & JOHNSON - COMMON 2,452,560 4,033,500
    KEYSIGHT TECHNOLOGS - COMMON 2,349,700 3,941,555
    LENNAR CORP - CLASS B 848,643 801,840
    LIBERTY BROADBAND CORP - COM SER A 851,789 705,740
    LIBERTY SIRIUS GROUP - COM SER C 14,285 627,998
    LONE STAR BANK - RSTK COM 92,462 0
    LOWES CO - COMMON 521,469 524,178
    MAINSTREET BANCSHARE - COM 183,565 181,650
    MAINSTREET BANCSHARE - COM 79,648 210,641
    MICROSOFT CORP - COMMON 591,451 6,196,839
    MICROSOFT CORP - COMMON 435,866 2,693,141
    MICROSOFT CORP - COMMON 380,450 2,222,495
    MILLS MUSIC TR - UNIT BEN INT 262,854 226,776
    MONDELEZ INTL INC - COMMON 2,272,111 4,639,500
    NVR INC - COMMON 414,222 517,508
    ONEX CORP - SUB VTG 819,963 737,103
    ORACLE CORP - COMMON 2,183,792 3,410,900
    ORION ENG CARBNS S.A - COMMON 391,661 354,060
    PHILIP MORRIS INTL - COMMON 2,752,848 3,103,425
    PHILIP MORRIS INTL - COMMON 1,747,619 1,647,203
    RAYTHEON TECHNOLOGIES - COMMON 521,702 538,500
    S&P GLOBAL INC - COMMON 2,474,755 2,465,260
    TRANSALTA CORP - COM 622,761 562,800
    TRICON RESIDENTIAL - COMMON SHARES 388,043 396,720
    TRIMAS CORP - COMMON 590,340 716,896
    US BANCORP DEL - COMMON 340,255 250,855
    UNITEDHEALTH GRP INC - COMMON 4,195,039 4,414,305
    UNITEDHEALTH GRP INC - COMMON 1,230,295 2,220,136
    VERITEX HLDGS INC - COMMON 411,514 481,760
    VIMEO INC - COMMON 1,196,502 432,497
    WYNDHAM HOTELS & RES - COM 442,020 457,380
    SEQUOIA FD INC - COMMON 1,005,937 786,353
    VANGUARD S&P 500 ETF 24,229,879 22,333,725

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    THE GOTTESMAN FUND
    EIN:
    52-6061469
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    1,314,793
    State & Local Government Securities - End of Year Fair Market Value:


    1,271,874


    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE GOTTESMAN FUND
    EIN:
    52-6061469
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ACACIA CONVERVATION OFFSHORE FUND LTD AT COST 7,748,096 13,665,561
    CERBERUS ASIA PARTNERS II LP AT COST 194,225 0
    FIRST BIOMED LTD AT COST 5,000,000 30,449,935
    FM FIRST CHINA FUND LLC AT COST 26,858,606 21,438,563
    FMC RESEARCH FUND LP AT COST 41,027,967 41,322,438
    GREENELA LANE CAPITAL PARTNERS LP AT COST 17,668,344 15,891,131
    ROCK SPRINGS CAPITAL FUND LP AT COST 14,350,954 18,099,417
    SECOND FIRST SAVE ASSOCIATES LP AT COST 5,135 0
    WISHBONE INTERNATIONAL PARTNERS LTD. AT COST 13,500,000 23,093,303
    UNREALIZED APPRECIATION ON CONTRIBUTED SECURITIES AT COST 1,565,404 0
    FIRST HEALTH LTD. AT COST 0 28,719,190
    REDWOOD OFFSHORE FUND, LTD. AT COST 0 22,859,811
    STYX INTERNATIONAL, LTD AT COST 0 111,220
    GS GLOBAL LONG SHORT PARTNERS LP AT COST 0 217,460

    TY 2021 LegalFeesSchedule
    Name:
    THE GOTTESMAN FUND
    EIN:
    52-6061469
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 14,157 0   14,157


    TY 2021 OtherDecreasesSchedule
    Name:
    THE GOTTESMAN FUND
    EIN:
    52-6061469
    Description Amount
    ROUNDING 2


    TY 2021 OtherExpensesSchedule
    Name:
    THE GOTTESMAN FUND
    EIN:
    52-6061469
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COMPUTER SERVICES 7,560 0   7,560
    FILING FEES 80 0   80
    INVESTMENT EXPENSES 122,796 122,796   0
    MISCELLANEOUS 10,430 0   10,430
    FEES ON FOREIGN DIVIDENDS 3,469 3,469   0
    BANK FEES 59 59   0


    TY 2021 OtherIncomeSchedule2
    Name:
    THE GOTTESMAN FUND
    EIN:
    52-6061469
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BROOKFIELD INFRASTRUCTURE -4,878 -4,878 -4,878
    FM FIRST CHINA FUND LLC -873,745 -873,745 -873,745
    FMC RESEARCH -51,146 -51,146 -51,146
    GREENLEA CAPITAL PARTNERS -65,217 -65,217 -65,217
    ROCK SPRINGS CAPITAL FUND -365,991 -365,991 -365,991
    MISCELLANEOUS INCOME 117 117 117
    ADJUSTMENT 1,360,860 0 1,360,860
    ADJUSTMENT - OTHER INVESTMENT INCOME -1,360,860   -1,360,860


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE GOTTESMAN FUND
    EIN:
    52-6061469
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 319,315 0   319,315


    TY 2021 TaxesSchedule
    Name:
    THE GOTTESMAN FUND
    EIN:
    52-6061469
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID 5,946 5,946   0
    EXCISE TAX 900,000 0   0