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 12-01-2021 , and ending 11-30-2022
Name of foundation
THE CHARLES COHN FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)CO MARC S COHN 53 N PARK AVE 51
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ROCKVILLE CENTRE, NY11570
A Employer identification number

13-6129449
B Telephone number (see instructions)

(516) 763-3100
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$7,762,272J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 189 189  
4 Dividends and interest from securities... 210,514 210,514  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -59,555
b Gross sales price for all assets on line 6a 1,188,154
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).......      
12 Total. Add lines 1 through 11........ 151,148 210,703  
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 4,940 0   4,940
c Other professional fees (attach schedule).... Click to see attachment 4,500 0   4,500
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,540 0   7,540
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,138 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2,239 0   2,239
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 20,357 0   19,219
25 Contributions, gifts, grants paid....... 348,000 348,000
26 Total expenses and disbursements. Add lines 24 and 25 368,357 0   367,219
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -217,209
b Net investment income (if negative, enter -0-) 210,703
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............. 19,111 46,891 46,891
2 Savings and temporary cash investments......... 230,213 211,099 211,099
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)....... 1,941,022 Click to see attachment1,920,358 1,920,358
c Investments—corporate bonds (attach schedule)....... 5,161,472 Click to see attachment4,174,450 4,174,450
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 249,779 Click to see attachment227,286 227,286
14 Land, buildings, and equipment: basis bullet604,025
Less: accumulated depreciation (attach schedule) bullet15,458 589,705 Click to see attachment588,567 1,135,836
15 Other assets (describe bullet) Click to see attachment50,209 Click to see attachment46,352 Click to see attachment46,352
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,241,511 7,215,003 7,762,272
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........... 8,241,511 7,215,003
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 8,241,511 7,215,003
30 Total liabilities and net assets/fund balances (see instructions). 8,241,511 7,215,003
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
8,241,511
2
Enter amount from Part I, line 27a .....................
2
-217,209
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
8,024,302
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
809,299
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,215,003
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 CISCO SYSTEMS 3.5% 6/15/25 P 2017-04-03 2022-03-14
b INTEL CORP 3.7% 7/29/25 P 2017-11-08 2022-03-16
c INTEL CORP 4% 12/15/32 P 2017-12-20 2022-12-22
d JOHN HANCOCK 5.6% 10/15/27 P 2013-03-01 2022-06-21
e MICROSOFT CORP 3.5% 2/12/35 P 2016-04-01 2022-11-29
MICROSOFT CORP 3.5% 2/12/35 P 2016-05-02 2022-11-29
PFIZER 3% 12/15/26 P 2017-06-01 2022-05-02
PFIZER 3% 12/15/26 P 2017-11-27 2022-05-02
PFIZER 4% 12/15/36 P 2018-05-08 2022-08-22
VISA 3.15% 12/14/25 P 2018-01-02 2022-12-02
VISA INC 3.15% 12/14/25 P 2016-09-19 2022-12-02
(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 127,478   132,431 -4,953
b 102,349   107,487 -5,138
c 115,912   111,769 4,143
d 104,280   121,280 -17,000
e 137,473   152,482 -15,009
45,824   50,956 -5,132
96,918   102,086 -5,168
96,918   102,771 -5,853
96,697   101,899 -5,202
105,722   103,739 1,983
158,583   160,809 -2,226
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -4,953
b       -5,138
c       4,143
d       -17,000
e       -15,009
      -5,132
      -5,168
      -5,853
      -5,202
      1,983
      -2,226
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 -59,555
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 2,929
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 2,929
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 3,000
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 3,000
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 71
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet71 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)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See 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 ofbulletTHE FOUNDATION Telephone no.bullet (516) 763-3100

    Located atbulletC/O MARC S COHN 53 N PARK AVE 51ROCKVILLE CENTRENY ZIP+4bullet11570
    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
    MARC S COHN PRESIDENT
    2.00     		0 0 0
    53 NORTH PARK AVENUE - SUITE 51
    ROCKVILLE CENTRE,NY11570
    ELLEN MENSCHER VICE PRESIDENT
    0.00     		0 0 0
    C/O MARC S COHN 53 NORTH PARK
    AVENUE - SUITE 51
    ROCKVILLE CENTRE,NY11570
    DANIEL COHN VP & TREASURER
    0.00     		0 0 0
    C/O MARC S COHN 53 NORTH PARK
    AVENUE - SUITE 51
    ROCKVILLE CENTRE,NY11570
    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
    6,363,257
    b
    Average of monthly cash balances.......................
    1b
    229,900
    c
    Fair market value of all other assets (see instructions)................
    1c
    45,343
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,638,500
    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
    6,638,500
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    99,578
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    6,538,922
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    326,946
    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
    326,946
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    2,929
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,929
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    324,017
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    324,017
    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
    324,017
    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 7 324,017
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 362,177
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 367,219
    a Applied to 2020, but not more than line 2a 362,177
    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..... 5,042
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		318,975
    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) ...     		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).)
    MARC S COHN
    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
    GREATER LONG ISLAND RUNNING CLUB
    101 DUPONT ST
    PLAINVIEW,NY11803     		NONE PUBLIC CHARITY ATHLETIC 3,000
    JCC ON THE PALISADES
    411 E CLINTON AVE
    TENAFLY,NJ07670     		NONE PUBLIC CHARITY JEWISH EDUCATION 50,000
    JEWISH FEDERATION OF NORTHERN NJ
    50 EISENHOWER DRIVE
    PARAMUS,NJ07652     		NONE PUBLIC CHARITY JEWISH EDUCATION 10,000
    LONG ISLAND CRISIS CENTER
    2740 MARTIN AVE
    BELLMORE,NY11710     		NONE PUBLIC CHARITY CRISIS INTERVENTION, COUNSELING AND INFORMATION 50,000
    MUSEUM AT ELDRIDGE STREET
    12 ELDRIGE STREET
    NEW YORK,NY10002     		NONE PUBLIC CHARITY CULTURAL 100,000
    ST JUDE'S CHILDRENS HOSPITAL
    262 DANNY THOMAS PLACE MS512
    MEMPHIS,TN38105     		NONE PUBLIC CHARITY MEDICAL RESEARCH 5,000
    TRANQUILITY CAMP INC
    170 TRANQUILITY ROAD
    EARLTON,NY12058     		NONE PUBLIC CHARITY YOUTH EDUCATION AND ATHLETICS;LISTTOTAL 58397 105,000
    ENGLEWOOD HOSPITAL MEDICAL CENTER
    350 ENGLE ST
    ENGLEWOOD,NJ07631     		NONE PUBLIC CHARITY MEDICAL RESEARCH 5,000
    TEMPLE EMANUEL OF CLOSTER
    180 PIERMONT RD
    CLOSTER,NJ07624     		NONE PUBLIC CHARITY JEWISH EDUCATION 20,000
    Total .................................bullet 3a 348,000
    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 ...........     		    08 189  
    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 -59,555  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 151,148 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    151,148
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    THE CHARLES COHN FOUNDATION INC
    EIN:
    13-6129449
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,940 0   4,940

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

    TY 2021 DepreciationSchedule
    Name:
    THE CHARLES COHN FOUNDATION INC
    EIN:
    13-6129449
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    BUILDING 2009-05-01 31,294 14,320 SL 27.500000000000 1,138 0    
    LAND - SUGAR AND SPICE LLC   154,200   L   0 0    
    LAND - SANDP LLC   418,531   L   0 0    

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE CHARLES COHN FOUNDATION INC
    EIN:
    13-6129449
    Name of Bond End of Year Book Value End of Year Fair Market Value
    65000 AMAZON.COM 0.048 66,173 66,173
    100000 AMAZON.COM 0.03875 90,083 90,083
    70000 APPLE INC 0.032 67,201 67,201
    150000 APPLE INC 0.0325 145,153 145,153
    150000 APPLE INC 0.032 144,002 144,002
    250000 APPLE INC 0.0325 241,923 241,923
    100000 APPLE INC 0.0165 81,814 81,814
    100000 APPLE INC 0.0165 81,814 81,814
    125000 BERKSHIRE HATHAWAY 0.03125 120,638 120,638
    100000 BERKSHIRE HATHAWAY 0.02875 88,152 88,152
    150000 BERKSHIRE HATHAWAY 0.0575 165,146 165,146
    50000 BERKSHIRE HATHAWAY 0.0575 55,048 55,048
    100000 ELI LILLY 0.055 104,930 104,930
    50000 EXXON MOBIL 0.03043 47,886 47,886
    100000 EXXON MOBIL 0.03043 95,771 95,771
    100000 FLORIDA POWER & LIGHT 0.0565 104,129 104,129
    150000 GOOGLE 0.03375 149,625 149,625
    105000 IBM 0.07 111,596 111,596
    100000 INSTITUTE ADV 0.03792 93,170 93,170
    50000 JOHNSON & JOHNSON 0.034 43,331 43,331
    80000 JOHNSON & JOHNSON 0.034 69,329 69,329
    100000 JOHNSON & JOHNSON 0.03625 90,088 90,088
    125000 JOHNSON & JOHNSON 0.034 108,326 108,326
    150000 JOHNSON & JOHNSON 0.03625 135,132 135,132
    250000 JOHNSON & JOHNSON 0.0355 226,310 226,310
    100000 MERCK & CO 0.063 105,505 105,505
    150000 MERCK & CO 0.034 141,287 141,287
    100000 MICROSOFT 0.035 92,962 92,962
    100000 MICROSOFT 0.033 96,723 96,723
    50000 MICROSOFT CORP 0.033 48,361 48,361
    100000 MICROSOFT CORP 0.035 92,962 92,962
    150000 MICROSOFT CORP 0.033 145,085 145,085
    100000 MICROSOFT CORP 0.0345 91,042 91,042
    130000 MICROSOFT CORP 0.03125 126,286 126,286
    125000 PRES & FELLOWS OF HARVARD 0.03529 117,088 117,088
    75000 STANFORD UNIVERSITY 0.03089 69,224 69,224
    75000 UNIV OF SOUTHERN CALIFORNIA 0.03028 59,756 59,756
    75000 WALMART 0.0325 70,688 70,688
    100000 WALMART 0.037 97,796 97,796
    100000 WALMART 0.0395 92,915 92,915

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE CHARLES COHN FOUNDATION INC
    EIN:
    13-6129449
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1040 ALPHABET INC 105,030 105,030
    1540 APPLE INC 227,966 227,966
    4200 BGC PARTNERS INC 18,102 18,102
    1100 ENERGY SELECT SECTOR SPDR 100,265 100,265
    490 EXXON MOBIL CORP 54,557 54,557
    161 GENERAL ELECTRIC COMPANY 13,841 13,841
    300 INTERNATIONAL BUSINESS MACHINE CORP 44,670 44,670
    1130 ISHARES US AEROSPACE & DEFENSE 126,470 126,470
    380 JOHNSON & JOHNSON 67,640 67,640
    60 KYNDRYL HLDGS INC (SPINOFF FROM IBM) 703 703
    1948 NEWMARK GRP INC (SPINOFF FROM BGC) 16,519 16,519
    480 NORFOLK SOUTHERN CORP 123,120 123,120
    480 PROCTER & GAMBLE CO 71,597 71,597
    560 SCHLUMBERGER LTD 28,868 28,868
    1500 SECTOR SPDR TR TECHNOLOGY SELECT SECTOR 203,940 203,940
    1260 SELECT SECTOR SPDR CONSUMER STAPLES 97,259 97,259
    2800 SELECT SECTOR SPDR FINANCIAL 101,668 101,668
    915 SELECT SECTOR SPDR HEALTH CARE 127,203 127,203
    389 SELECT SECTOR SPDR REAL ESTATE SELECT 15,264 15,264
    1400 SELECT SECTOR SPDR UTILITIES 100,002 100,002
    320 SPDR S&P 500 130,458 130,458
    815 VERIZON COMMUNICATIONS 31,769 31,769
    520 VISA INC 112,840 112,840
    6 WABTEC (SPINOFF FROM GE) 607 607

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE CHARLES COHN FOUNDATION INC
    EIN:
    13-6129449
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    225000 ISRAEL AID 0.055 FMV 227,286 227,286

    TY 2021 LandEtcSchedule2
    Name:
    THE CHARLES COHN FOUNDATION INC
    EIN:
    13-6129449
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDING 31,294 15,458 15,836  
    LAND - SUGAR AND SPICE LLC 154,200 0 154,200  
    LAND - SANDP LLC 418,531 0 418,531  


    TY 2021 OtherAssetsSchedule
    Name:
    THE CHARLES COHN FOUNDATION INC
    EIN:
    13-6129449
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INTEREST RECEIVABLE 50,209 46,352 46,352


    TY 2021 OtherDecreasesSchedule
    Name:
    THE CHARLES COHN FOUNDATION INC
    EIN:
    13-6129449
    Description Amount
    UNREALIZED LOSS 809,299


    TY 2021 OtherExpensesSchedule
    Name:
    THE CHARLES COHN FOUNDATION INC
    EIN:
    13-6129449
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PUBLICATION NOTICE 160 0   160
    INSURANCE 1,116 0   1,116
    UTILITIES 320 0   320
    LLC FILING FEE 50 0   50
    REPAIRS & MAINTENANCE 593 0   593


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE CHARLES COHN FOUNDATION INC
    EIN:
    13-6129449
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 4,500 0   4,500


    TY 2021 TaxesSchedule
    Name:
    THE CHARLES COHN FOUNDATION INC
    EIN:
    13-6129449
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REAL ESTATE TAXES 3,887 0   3,887
    NYS CHAR500 TAX 250 0   250
    FEDERAL TAX 3,403 0   3,403