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 01-01-2021 , and ending 12-31-2021
Name of foundation
THE GAIL M ASARCH PRIVATE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1601 BELVEDERE ROAD 407S
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WEST PALM BEACH, FL33406
A Employer identification number

31-1599647
B Telephone number (see instructions)

(561) 689-6601
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$3,683,402
J 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) 100,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 228 228  
4 Dividends and interest from securities... 16,799 16,799  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 164,564
b Gross sales price for all assets on line 6a 1,400,490
7 Capital gain net income (from Part IV, line 2)... 164,564
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)....... 289,890 147,257  
12 Total. Add lines 1 through 11........ 571,481 328,848  
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)....... 2,850 2,850   0
c Other professional fees (attach schedule).... 3,076 3,076   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 5,523 292   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 868 198   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,317 6,416   0
25 Contributions, gifts, grants paid....... 148,111 147,500
26 Total expenses and disbursements. Add lines 24 and 25 160,428 6,416   147,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 411,053
b Net investment income (if negative, enter -0-) 322,432
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......... 275,407 128,634 128,634
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) bullet75,000
Less: allowance for doubtful accounts bullet0 75,000 75,000 75,000
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)....... 1,275,892 Click to see attachment1,551,349 1,551,349
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,645,834 Click to see attachment1,928,419 1,928,419
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment216 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,272,349 3,683,402 3,683,402
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........ 1,206,339 1,206,339
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 2,066,010 2,477,063
29 Total net assets or fund balances (see instructions)..... 3,272,349 3,683,402
30 Total liabilities and net assets/fund balances (see instructions). 3,272,349 3,683,402
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
3,272,349
2
Enter amount from Part I, line 27a .....................
2
411,053
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,683,402
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,683,402
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 10 SHS DANAHER CORP   2020-02-06 2021-05-27
b 46 SHS COMCAST CORP CL A   2020-02-06 2021-05-27
c 38 SHS BOSTON SCIENTIFIC CORP   2021-02-24 2021-05-27
d 22 SHS BOSTON SCIENTIFIC CORP   2021-02-25 2021-05-27
e 9 SHS AMERIPRISE FINANCIAL INC   2019-07-31 2021-05-27
8 SHS AMERIPRISE FINANCIAL INC   2020-02-06 2021-05-27
11 SHS ACCENTURE PLC   2019-07-31 2021-05-27
8 SHS ACCENTURE PLC   2020-02-06 2021-05-27
5 SHS PARKER-HANNIFIN   2019-07-31 2021-05-27
2 SHS PARKER-HANNIFIN   2019-11-11 2021-05-27
1 SH PARKER-HANNIFIN   2019-11-12 2021-05-27
4 SHS PARKER-HANNIFIN   2020-02-06 2021-05-27
4 SHS S&P GLOBAL INC   2021-05-21 2021-05-27
1 SH S&P GLOBAL INC   2021-05-24 2021-05-27
64 SHS APPLE INC   2020-06-08 2021-05-27
11 SHS APPLE INC   2020-09-09 2021-05-27
12 SHS SALESFORCE INC   2020-05-11 2021-05-27
7 SHS SALESFORCE INC   2020-05-12 2021-05-27
24 SHS INTERCONTINENTAL EXCHANGE INC   2019-07-31 2021-05-27
1 SH INTERCONTINENTAL EXCHANGE INC   2020-02-06 2021-05-27
4 SHS FIDELITY NATIONAL INFORMATION SVCS   2019-09-16 2021-05-27
11 SHS FIDELITY NATIONAL INFORMATION SVCS   2019-09-17 2021-05-27
4 SHS FIDELITY NATIONAL INFORMATION SVCS   2019-11-11 2021-05-27
3 SHS DANAHER CORP   2019-07-31 2021-05-27
2 SHS ROCKWELL AUTOMATION INC   2020-02-06 2021-05-27
4 SHS ROCKWELL AUTOMATION INC   2019-11-11 2021-05-27
1 SH SHERWIN WILLIAMS CO   2020-05-12 2021-05-27
2 SHS AMAZON.COM INC   1929-07-31 2021-05-27
1 SHS AMAZON.COM INC   2019-08-12 2021-05-27
1 SHS AMAZON.COM INC   2020-01-13 2021-05-27
1 SHS AMAZON.COM INC   2020-02-06 2021-05-27
17 SHS ABBOTT LABORATORIES   2021-01-27 2021-05-27
4 SHS ESTEE LAUDER COS INC/THE   2019-07-31 2021-05-27
2 SHS ESTEE LAUDER COS INC/THE   2020-02-06 2021-05-27
2 SHS COSTCO WHOLESALE CORP   2019-07-31 2021-05-27
2 SHS COSTCO WHOLESALE CORP   2020-02-06 2021-05-27
66 SHS MICROSOFT   2019-07-31 2021-05-27
4 SHS MICROSOFT   2020-02-06 2021-05-27
6 SHS FIDELITY NATIONAL INFORMATION SVCS   2019-11-12 2021-05-27
14 SHS UNITEDHEALTH GROUP INC   2019-07-31 2021-05-27
6 SHS HONEYWELL INTL INC   2020-02-06 2021-05-27
4 SHS HONEYWELL INTL INC   2020-06-08 2021-05-27
1 SH HONEYWELL INTL INC   2020-06-09 2021-05-27
7 SHS O'REILLY AUTOMOTIVE INC   2019-07-31 2021-05-27
2 SHS O'REILLY AUTOMOTIVE INC   2020-02-06 2021-05-27
8 SHS TEXAS INSTRUMENTS INC   2021-03-09 2021-05-27
1 SH TEXAS INSTRUMENTS INC   2021-03-10 2021-05-27
14 SHS APPLIED MATERIALS INC   2021-03-09 2021-05-27
5 SHS UNION PACIFIC CORP   2021-04-23 2021-05-27
2 SHS UNION PACIFIC CORP   2021-04-26 2021-05-27
12 SHS SHERWIN WILLIAMS CO   2020-05-11 2021-05-27
3 SHS UNITEDHEALTH GROUP INC   2020-02-06 2021-05-27
4 SHS LOWES COS INC   2020-02-06 2021-05-27
2 SHS FIDELITY NATIONAL INFORMATION SVCS   2020-02-06 2021-05-27
8 SHS VISA INC CL A   2020-02-06 2021-05-27
1 SH ADOBE INC   2020-02-06 2021-08-03
1 SH DANAHER CIORP   2020-02-06 2021-08-03
1 SH META PLATFORMS INC   2020-02-06 2021-08-31
1 SH ACCENTURE PLC   2020-02-18 2021-08-23
2 SHS ACCENTURE PLC   2020-02-19 2021-08-23
2 SHS ACCENTURE PLC   2020-03-16 2021-08-24
2 SHS ACCENTURE PLC   2020-03-16 2021-08-25
1 SH ACCENTURE PLC   2020-03-16 2021-08-26
2 SHS ACCENTURE PLC   2020-03-17 2021-08-26
2 SHS HOME DEPOT INC   2020-02-06 2021-09-30
2 SHS AMERICAN TOWER CORP   2020-02-06 2021-09-30
1 SH O'REILLY AUTOMTIVE INC   2020-02-06 2021-09-30
1 SH AMERIPRISE FINANCIAL INC   2020-02-06 2012-09-30
2 SHS META PLATFORMS INC   2020-02-06 2021-09-30
1 SH HOME DEPOT INC   2020-02-06 2021-10-01
2 SHS AMERICAN TOWER CORP   2020-02-06 2021-10-01
1 SH O'REILLY AUTOMTIVE INC   2020-02-06 2021-10-01
1 SH AMERIPRISE FINANCIAL INC   2020-02-06 2021-10-01
2 SHS LOWES COS INC   2020-02-06 2021-12-14
3 SHS UNION PACIFIC CORP   2021-04-26 2021-12-14
1 SH UNION PACIFIC CORP   2021-04-27 2021-12-14
13 SHS MEDTRONIC PLC   2020-02-06 2021-12-14
1 SH MEDTRONIC PLC   2020-04-13 2021-12-14
3 SHS META PLATFORMS INC   2020-02-06 2021-08-02
2 SHS DANAHER CORP   2020-02-06 2021-08-02
1 SH ADOBE INC   2020-02-06 2021-08-02
1 SH THERMO FISHER SCIENTIFIC INC   2020-02-06 2021-08-02
26 SHS META PLATFORMS INC   2019-07-31 2021-05-27
12 SHS META PLATFORMS INC   2020-02-06 2021-05-27
14 SHS MEDTRONIC PLC   2019-07-31 2021-05-27
10 SHS MEDTRONIC PLC   2020-02-06 2021-05-27
4 SHS ALPHABET INC CL A   2019-07-31 2021-05-27
2 SHS ALPHABET INC CL A   2020-02-06 2021-05-27
2 SHS UNITEDHEALTH GROUP INC   2020-02-06 2021-06-03
2 SHS UNITEDHEALTH GROUP INC   2020-02-06 2021-06-03
1 SH THERMO FISHER SCIENTIFIC INC   2020-02-06 2021-06-21
2 SHS AMERICAN TOWER CORP   2020-02-06 2021-06-21
2 SHS UNITEDHEALTH GROUP INC   2020-02-06 2021-06-21
25 SHS VISA INC CL A   2019-07-31 2021-05-27
18 SHS COMCAST CORP CL A   2020-02-06 2021-06-21
2 SHS ACCENTURE PLC   2020-02-06 2021-06-21
1 SH THERMO FISHER SCIENTIFIC INC   2020-02-06 2021-06-22
1 SH AMERICAN TOWER CORP   2020-02-06 2021-06-22
3 SHS UNITEDHEALTH GROUP INC   2020-02-06 2021-06-22
20 SHS COMCAST CORP CL A   2020-03-16 2021-06-22
1 SH ACCENTURE PLC   2020-02-06 2021-06-22
6 SHS COMCAST CORP CL A   2020-03-17 2021-06-23
1 SH COMCAST CORP CL A   2020-03-16 2021-06-23
1 SH ACCENTURE PLC   2020-02-06 2021-07-16
1 SH ACCENTURE PLC   2020-02-18 2021-07-16
2 SHS ACCENTURE PLC   2020-02-18 2021-07-19
1 SH COMCAST CORP CL A   2020-03-16 2021-06-21
15 SHS LOWES COS INC   2019-07-31 2021-05-27
53 SHS TJX COS INC   2019-07-31 2021-05-27
1 SH ADOBE INC   2020-02-06 2021-05-27
12 SHS ALLAKOS INC   2018-07-19 2021-06-09
87 SHS ALLAKOS INC   2018-07-19 2021-06-09
1 SH XOMETRY INC   2021-06-30 2021-07-01
76 SH GLAUKOS CORP   2015-06-25 2021-07-20
3 SHS AFFIRM HOLDINGS INC   2021-01-13 2021-07-22
29 SHS EARGO INC   2020-10-16 2021-07-23
4 SHS DUOLINGO INC   2021-07-28 2021-08-06
24 SHS OAK STREET HLTH INC   2020-08-06 2021-08-11
3 SHS ADYEN NV   2020-02-26 2021-08-20
289 SHS DOMA HOLDINGS INC   2021-03-30 2021-09-16
4 SHS MARQETA INC   2021-06-09 2021-09-16
31 SHS TORRRID HOLDINGS INC   2021-07-01 2021-09-16
62 SHS LESLIE'S INC   2020-10-29 2021-09-17
329 SHS 1LIFE HEALTHCARE INC   2020-03-09 2021-09-28
3 SHS 1LIFE HEALTHCARE INC   2020-11-23 2021-09-28
75 SHS GLAUKOS CORP   2015-06-25 2021-11-03
14 SHS SITEONE LANDSCAPE SUPPLY   2016-05-17 2021-11-03
145 SHS SITEONE LANDSCAPE SUPPLY   2016-05-13 2021-11-03
19 SHS RIVIAN AUTOMOTIVE INC   2021-11-10 2021-11-11
6 SHS ALLBIRDS INC   2021-11-03 2021-11-03
2 SHS SCIENTIFIC GAMES HLDGS CORP   2021-11-18 2021-11-18
21 SHS FRESHWORKS INC CL A   2021-09-22 2021-12-14
147 SHS FRESHWORKS INC CL A   2021-09-30 2021-12-14
1 SH USHG ACQUISITION CORP   2021-05-10 2021-05-10
1 SH NEW VISTA ACQUISITION CORP   2021-05-07 2021-05-07
0.50 SHS CLASS ACCELERATION CORP   2021-05-05 2021-05-05
0.50 SHS ENOVIX CORP   2021-05-05 2021-05-05
10,000 UNITS UBS AG L/O TC-CYN EFA   2020-03-06 2021-03-11
30,000 UNITS BARCLAY'S BANK PLC   2018-08-16 2021-05-19
7,500 UNITS CREDIT SUISSE AG/LONDON   2020-03-03 2021-06-07
7,500 UNITS MORGAN STANLEY FIN LLC   2020-06-12 2021-06-16
180.28 ENOVIX CORPORATION WTS EXP 11/330   2020-12-02 2021-12-20
10, 000 UNITS CITIGROUP GLOBAL MKTS HOLDINGS   2020-09-17 2021-06-22
948.65 SHS FIDELITY EMERGING ASIA FUND   2020-12-17 2021-09-01
1,627.91 SHS MATTHEWS ASUA GROWTH FUND   2020-12-17 2021-09-01
1,594.00 SHS VANGUARD H/Y ETF   2021-05-28 2021-11-29
95 SHS HLTHEQUITY INC   2014-07-31 2021-01-11
377 SHS PROVENTION BIO INC   2021-01-14 2021-01-28
37 SHS ARVINAS INC   2020-12-16 2021-02-22
3 SHS ARVINAS INC   2020-12-16 2021-02-22
11 SHS BIOTECHNOLOGY INC   2021-02-04 2021-03-04
125 SHS BIOTECHNOLOGY INC   2021-02-04 2021-03-04
23 SHS COMPASS INC   2021-04-01 2021-04-20
1 SH USHG ACQUISITION CORP   2021-02-25 2021-05-03
7,500 UNITS UBS AG L/O TC-CYN EFA   2020-02-24 2021-11-30
223.72 ENOVIX CORPORATION WTS EXP 11/330   2020-12-02 2021-12-20
23 SHS TOAST INC   2021-09-22 2021-12-27
86 SHS TOAST INC   2021-09-23 2021-12-27
2 SHS HONEYWELL INTL INC   2020-02-06 2021-04-26
1 SH PARKER-HANNIFIN   2019-07-31 2021-04-26
1 SH HOME DEPOT INC   2019-07-31 2021-04-27
1 SH LOWES COS INC   2019-07-31 2021-04-27
2 SHS HONEYWELL INTL INC   2020-02-06 2021-04-27
1 SH PARKER-HANNIFIN   2019-07-31 2021-04-27
2 SHS HONEYWELL INTL INC   2020-02-06 2021-04-28
9 SHS COMCAST CORP CL A   2019-08-12 2021-05-21
7 SHS COMCAST CORP CL A   2019-08-13 2021-05-21
1 SH AMERIPRISE FINANCIAL INC   2019-07-31 2021-05-21
1 SH META PLATFORMS INC   2019-07-31 2021-05-21
2 SHS LOWES COS INC   2019-07-31 2021-04-26
2 SHS AMERIPRISE FINANCIAL INC   2019-07-31 2021-05-24
8 SHS HOME DEPOT INC   2019-07-31 2021-05-27
2 SHS HOME DEPTO INC   2020-02-06 2021-05-27
5 SHS THERMOK FISHER SCIENTIFIC INC   2019-07-31 2021-05-27
2 SHS THERMO FISHER SCIENTIFIC INC   2020-02-06 2021-05-27
6 SHS AMERICAN TOWER CORP   2019-07-31 2021-05-27
2 SHS AMERICAN TOWER CORP   2019-12-16 2021-05-27
5 SHS AMERICAN TOWER CORP   2019-12-17 2021-05-27
4 SHS AMERICAN TOWER CORP   2020-02-06 2021-05-27
6 SHS DOLLAR GENERAL CORP   2020-05-11 2021-05-27
7 SHS DOLLAR GENERAL CORP   2020-05-12 2021-05-27
9 SHS ADOBE INC   2019-07-31 2021-05-27
4 SHS META PLATFORMS INC   2019-07-31 2021-05-24
1 SH UNION PACIFIC CORP   2021-04-27 2021-12-15
1 SH PARKER-HANNIFIN   2019-07-31 2021-04-23
1 SH LOWES COS INC   2019-07-31 2021-04-23
1 SH ENOVIX CORP   1950-01-01 2021-05-13
1 SH CLASS ACCELERATION CORP   1950-01-01 2021-05-13
1 SH ALPHABET INC CL A   2019-07-31 2021-01-25
4 SHS THERMO FISHER SCIENTIFIC INC   2019-07-31 2021-01-27
5 SHS DANAHER CORP   2019-07-31 2021-01-27
2 SHS THERMO FISHER SCIENTIFIC INC   2019-07-31 2021-01-28
23 SHS MONDELEZ INTL INC.   2019-07-31 2021-01-29
31 SHS MONDELEZ INTL INC.   2020-02-06 2021-01-29
1 SH MONDELEZ INTL INC.   2020-04-13 2021-01-29
17 SHS MONDELEZ INTL INC.   2020-04-13 2021-02-01
5 SHS MONDELEZ INTL INC.   2020-04-14 2021-02-01
2 SHS HONEYWELL INTL INC   2020-02-06 2021-04-23
5 SHS UNITEDHEALTH GROUP INC   2019-07-31 2021-02-24
1 SH THERMO FISHER SCIENTIFIC INC   2019-07-31 2021-03-09
2 SHS UNITEDHEALTH GROUP INC   2019-07-31 2021-03-09
14 SHS COMCAST CORP CL A   2019-07-31 2021-03-09
4 SHS COMCAST CORP CL A   2019-08-12 2021-03-09
1 SH AMERIPRISE FINANCIAL INC   2019-07-31 2021-03-09
1 SH ALPHABET INC CL A   2019-07-31 2021-03-09
1 SH THERMO FISHER SCIENTIFIC INC   2019-07-31 2021-03-10
2 SHS UNITEDHEALTH GROUP INC   2019-07-31 2021-03-10
11 SHS COMCAST CORP CL A   2019-08-12 2021-03-10
2 SHS AMERIPRISE FINANCIAL INC   2019-07-31 2021-03-10
1 SH HOME DEPOT INC   2019-07-31 2021-04-23
23 SHS MEDTRONIC PLC   2019-07-31 2021-02-24
9 SHS MEDTRONIC PLC   2020-04-13 2021-12-15
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,529   1,645 884
b 2,635   2,043 592
c 1,599   1,494 105
d 926   872 54
e 2,337   1,327 1,010
2,077   1,414 663
3,123   2,147 976
2,271   1,706 565
1,545   882 663
618   396 222
309   198 111
1,236   831 405
1,510   1,510 0
378   380 -2
8,127   5,327 2,800
1,397   1,291 106
2,726   2,171 555
1,590   1,254 336
2,701   2,103 598
113   90 23
596   532 64
1,639   1,476 163
596   525 71
759   427 332
527   409 118
1,054   720 334
287   186 101
6,501   3,784 2,717
3,251   1,790 1,461
3,251   1,891 1,360
3,251   2,047 1,204
1,984   1,967 17
1,221   748 473
610   415 195
773   559 214
773   620 153
16,518   9,190 7,328
1,001   728 273
894   797 97
5,778   3,571 2,207
1,368   1,063 305
912   649 263
228   159 69
3,716   2,681 1,035
1,062   807 255
1,514   1,359 155
189   170 19
1,914   1,583 331
1,121   1,109 12
448   451 -3
3,443   2,233 1,210
1,238   881 357
778   488 290
298   292 6
1,819   1,628 191
621   367 254
300   164 136
351   210 141
334   213 121
668   432 236
664   314 350
666   314 352
333   157 176
666   316 350
663   477 186
535   476 59
617   404 213
268   177 91
682   421 261
329   238 91
534   476 58
606   404 202
268   177 91
507   244 263
735   676 59
245   226 19
1,454   1,566 -112
112   99 13
1,059   630 429
595   329 266
618   367 251
535   334 201
8,505   5,087 3,418
3,925   2,522 1,403
1,782   1,450 332
1,273   1,205 68
9,487   4,905 4,582
4,743   2,946 1,797
811   587 224
814   587 227
483   334 149
534   476 58
793   587 206
5,685   4,526 1,159
1,031   800 231
571   426 145
489   334 155
267   238 29
1,197   881 316
1,151   746 405
286   213 73
340   226 114
57   37 20
314   213 101
314   213 101
617   426 191
57   37 20
2,917   1,547 1,370
3,598   2,927 671
499   367 132
1,090   216 874
7,905   1,566 6,339
83   44 39
3,613   2,289 1,324
174   147 27
977   522 455
530   408 122
1,200   504 696
8,988   2,709 6,279
2,072   2,957 -885
116   108 8
579   651 -72
1,412   1,054 358
6,291   7,656 -1,365
57   101 -44
4,162   2,259 1,903
3,467   294 3,173
35,906   4,073 31,833
2,300   1,483 817
165   90 75
102   56 46
515   756 -241
3,606   6,258 -2,652
      0
      0
      0
      0
100,000   100,000 0
300,000   300,000 0
75,000   75,000 0
75,000   75,000 0
      0
100,000   100,000 0
63,492   63,020 472
63,143   63,020 123
173,379   170,032 3,347
6,850   1,330 5,520
5,321   6,032 -711
2,800   2,590 210
227   225 2
248   275 -27
2,823   4,388 -1,565
390   414 -24
10   10 0
75,000   75,000 0
      0
888   920 -32
3,319   5,226 -1,907
444   354 90
320   176 144
321   217 104
200   103 97
446   354 92
318   176 142
447   355 92
496   382 114
386   305 81
255   147 108
316   196 120
398   206 192
501   295 206
2,560   1,734 826
640   477 163
2,306   1,414 892
922   668 254
1,527   1,270 257
509   428 81
1,272   1,067 205
1,018   951 67
1,236   1,097 139
1,443   1,276 167
4,488   2,734 1,754
1,296   783 513
246   226 20
318   176 142
201   103 98
13     13
10     10
1,891   1,226 665
1,948   1,131 817
1,123   711 412
999   566 433
1,283   1,254 29
1,730   1,795 -65
56   52 4
943   882 61
277   271 6
449   354 95
1,651   1,275 376
454   283 171
709   510 199
779   610 169
223   170 53
224   147 77
2,050   1,226 824
449   283 166
702   510 192
627   467 160
452   295 157
323   217 106
2,730   2,381 349
940   890 50
40,861     40,861
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       884
b       592
c       105
d       54
e       1,010
      663
      976
      565
      663
      222
      111
      405
      0
      -2
      2,800
      106
      555
      336
      598
      23
      64
      163
      71
      332
      118
      334
      101
      2,717
      1,461
      1,360
      1,204
      17
      473
      195
      214
      153
      7,328
      273
      97
      2,207
      305
      263
      69
      1,035
      255
      155
      19
      331
      12
      -3
      1,210
      357
      290
      6
      191
      254
      136
      141
      121
      236
      350
      352
      176
      350
      186
      59
      213
      91
      261
      91
      58
      202
      91
      263
      59
      19
      -112
      13
      429
      266
      251
      201
      3,418
      1,403
      332
      68
      4,582
      1,797
      224
      227
      149
      58
      206
      1,159
      231
      145
      155
      29
      316
      405
      73
      114
      20
      101
      101
      191
      20
      1,370
      671
      132
      874
      6,339
      39
      1,324
      27
      455
      122
      696
      6,279
      -885
      8
      -72
      358
      -1,365
      -44
      1,903
      3,173
      31,833
      817
      75
      46
      -241
      -2,652
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      472
      123
      3,347
      5,520
      -711
      210
      2
      -27
      -1,565
      -24
      0
      0
      0
      -32
      -1,907
      90
      144
      104
      97
      92
      142
      92
      114
      81
      108
      120
      192
      206
      826
      163
      892
      254
      257
      81
      205
      67
      139
      167
      1,754
      513
      20
      142
      98
      13
      10
      665
      817
      412
      433
      29
      -65
      4
      61
      6
      95
      376
      171
      199
      169
      53
      77
      824
      166
      192
      160
      157
      106
      349
      50
      40,861
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 2 164,564
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 4,482
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 4,482
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 7,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 106
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 2,912
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet2,912 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)
    bulletFL
    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 ofbulletGAIL M ASARCH Telephone no.bullet (561) 689-6601

    Located atbullet1601 BELVEDERE ROAD SUITE 407SWEST PALM BEACHFL ZIP+4bullet33406
    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
    GAIL M ASARCH DIRECTOR
    5.00
    0 0 0
    1601 BELVEDERE ROAD STE 407S
    WEST PALM BEACH,FL33406
    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
    3,159,216
    b
    Average of monthly cash balances.......................
    1b
    319,031
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,478,247
    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
    3,478,247
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    52,174
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    3,426,073
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    171,304
    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
    171,304
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    4,482
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,482
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    166,822
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    166,822
    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
    166,822
    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 7 166,822
    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......  
    b From 2017......  
    c From 2018......  
    d From 2019...... 38,069
    e From 2020...... 11,772
    f Total of lines 3a through e ........ 49,841
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 147,500
    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..... 147,500
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 19,322 19,322
    (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 30,519
    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) ...
    0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......
    30,519
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019.... 18,747
    d Excess from 2020.... 11,772
    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).)
    GAIL M ASARCH
    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
    AMERICAN JEWISH COMMITTEE
    165 EAST 56TH STREET
    NEW YORK,NY100222709
    NOT RELATED PUBLIC CHARITY GENERAL PURPOSE 5,000
    BARRINGTON STAGE COMPANY
    122 NORTH STREET
    PITTSFIELD,MA01201
    NOT RELATED PUBLIC CHARITY GENERAL PURPOSE 2,000
    BOSTON POPS SYMPHONY ORCHESTRA
    301 MASSACHUSETTS AVENUE
    BOSTON,MA02115
    NOT RELATED PUBLIC CHARITY GENERAL PURPOSE 2,500
    JEWISH FEDERATION OF PALM BEACH COUNTY
    1 HARVARD CIR 100
    WEST PALM BEACH,FL33409
    NOT RELATED PUBLIC CHARITY GENERAL PURPOSE 100,000
    JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY
    9901 DONNA KLEIN BLVD
    BOCA RATON,FL334281788
    NOT RELATED PUBLIC CHARITY GENERAL PURPOSE 18,000
    JEWISH NATIONAL FUND
    42 EAST 69TH STREET
    NEW YORK,NY10021
    NOT RELATED PUBLIC CHARITY GENERAL PURPOSE 10,000
    KRAVIS CENTER FOR THE PERFORMING ARTS
    701 OKEECHOBEE BLVD
    WEST PALM BEACH,FL33401
    NOT RELATED PUBLIC CHARITY GENERAL PURPOSE 9,900
    NATIONAL COMMITTEE FOR FURTHERANCE OF JEWISH EDUCATION
    824 EASTERN PKWY
    BROOKLYN,NY11213
    NOT RELATED PUBLIC CHARITY GENERAL PURPOSE 100
    Total .................................bullet 3a 147,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........
        14 228  
    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 ............
        18 164,564  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPFIC MARK-TO-MKT GAIN/(LOSS) - LIONHEDGE PLATFORM FD - VENBIO SELECT FUND
        14 -13,510  
    b45 RAVINE AVENUE REALTY LLC - PROMISSORY NOTE INTEREST     14 8,250  
    cUNREALIZED INVESTMENT APPREC./(DEPREC.)     18 156,807  
    dPFIC MARK-TO-MKT GAIN/(LOSS) - SKYE GLOBAL     14 56,702  
    ePARTNERSHIP INCOME/(LOSS) - CAZ PRIVATE EQUITY OWNERSHIP FD II LP     14 2,130  
    fPFIC MARK-TO-MKT GAIN/(LOSS) - LIONHEDGE PLATFORM FD - VERITION MULTI-STRAT     14 12,806  
    12 Subtotal. Add columns (b), (d), and (e) .. 0 471,481 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    471,481
    (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 GAIL M ASARCH PRIVATE FOUNDATION
     
    Employer identification number

    31-1599647
    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 GAIL M ASARCH PRIVATE FOUNDATION
     
    Employer identification number
    31-1599647
    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
    THE SYDELLE F MEYER CLAT DTD 12272004
     
    1601 BELVEDERE RD STE 407S
     
    WEST PALM BEACH, FL33406

    $ 100,000


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

    $  


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

    $  


    (Complete Part II for noncash contributions.)
    (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 GAIL M ASARCH PRIVATE FOUNDATION
     
    Employer identification number

    31-1599647
    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
     
    $    
    (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
     
    $    
    (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 GAIL M ASARCH PRIVATE FOUNDATION
     
    Employer identification number

    31-1599647
    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 GAIL M ASARCH PRIVATE FOUNDATION
    EIN:
    31-1599647
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PLANNING & PREPARATION EXPENSES 2,850 2,850   0

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE GAIL M ASARCH PRIVATE FOUNDATION
    EIN:
    31-1599647
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 4,926 4,926
    ADOBE SYSTEMS INC 41,962 41,962
    ADYEN NV REG S 18,401 18,401
    ALPHABET INC CLA 17,382 17,382
    AMAZON.COM INC 16,672 16,672
    AMERICAN TOWER CORP REIT 2,925 2,925
    AMERIPRISE FINANCIAL INC 4,525 4,525
    APPLE INC 13,140 13,140
    APPLIED MATERIALS INC 4,249 4,249
    ATLASSIAN CORPORATION PLC 44,230 44,230
    AZEK CO INC 370 370
    BOOKING HLDGS INC 2,399 2,399
    BOSTON SCIENTIFIC CORP 3,526 3,526
    CLASS ACCELERATION CORP 680 680
    CLASS ACCELERATION CORP WTS EX[ 03/31/2028 18 18
    CONFLUENT INC CL A 1,220 1,220
    COSTCO WHOLESALE CORP 3,974 3,974
    COUCHBASE INC 3,469 3,469
    CUSTOM TRUCK ONE SOURCE INC CL A 13,512 13,512
    DANAHER CORP 2,632 2,632
    DEXCOM INC 74,099 74,099
    DOCUSIGN INC 7,920 7,920
    DOLLAR GENERAL CORP 3,066 3,066
    ENOVIX CORPORATION 33,063 33,063
    FIDELITY NATL INFORMATION SVCS 3,602 3,602
    GLOBAL-E ONLINE LTD 6,085 6,085
    HARDING LOEVNER INTERNATINAL EQ INSTL 156,320 156,320
    HDFC BANK SPONS ADS 21,864 21,864
    HOME DEPOT INC 5,395 5,395
    HONEYWELL INTL INC 2,502 2,502
    INTERNATIONAL GENERAL INS HLDGS LTD 5,840 5,840
    INTERNCONTINENTAL EXCHANGE GROUP 3,009 3,009
    INTUITIVE SURGICAL INC 30,181 30,181
    JPMORGAN SMALL CAP EQUITY 237,111 237,111
    LAUDER ESTEE COS CL A 2,221 2,221
    LIFE TIME GROUP HOLDINGS INC 723 723
    LOWES COS INC 5,170 5,170
    MERCADOLIBRE INC 16,181 16,181
    META PLATFORMS INC CL A 10,427 10,427
    MICROSOFT CORP 68,946 68,946
    MORGAN STANLEY FINANCE L/O TC-CYN EFA IWM SPY 01/09/2026 99,750 99,750
    NEW VISTA ACQUISITION CORP 584 584
    NEW VISTA ACQUISITION CORP WTS EXP 02/01/2026 15 15
    NIKE INC CL B 2,667 2,667
    OKTA INC CL A 15,916 15,916
    ON HLDNG AG CHRO.1 1,172 1,172
    O'REILLY AUTOMOTIVE INC 4,944 4,944
    PARKER HANNIFIN CORP 4,454 4,454
    POOL CORP 47,544 47,544
    PROCORE TECHNOLOGIES INC 7,677 7,677
    Q2 HOLDINGS INC 23,038 23,038
    QUANTA SERVICES 11,695 11,695
    ROCKWELL AUTOMATION INC 2,093 2,093
    S&P GLOBAL INC 1,887 1,887
    SALESFORCE INC 5,083 5,083
    SHERWIN WILLIAMS CO 3,874 3,874
    SHOP APOTHEKE EUROPE NV NPV ISIN 4,720 4,720
    SILVERCREST METALS INC 15,907 15,907
    SITEONE LANDSCAPE SUPPLY INC 29,316 29,316
    TANDEM DIABETES CARE INC 15,654 15,654
    TEXAS INSTRUMENTTS 3,958 3,958
    THERMO FISHER SCIENTIFIC INC 2,669 2,669
    TJX COS INX 6,150 6,150
    TRANSDIGM GROUP INC 27,360 27,360
    UNION PACIFIC CORP 4,787 4,787
    UNITEDHEALTH GROUP INC 4,017 4,017
    USHG ACQUISITION CORP CL A 2,924 2,924
    USHG ACQUISITION CORP WTS EXP 02/24/2026 156 156
    VANGUARD DIVIDEND APPRECIATION ETF 180,338 180,338
    VISA INC CL A 7,585 7,585
    WILLIAM BLAIR EMERMG MKTS 113,762 113,762
    ZOOMINFO TECHNOLOGIES INC CL A 1,220 1,220
    ZUR ROSE GROUP AG CHF30.00 ISIN 4,496 4,496

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE GAIL M ASARCH PRIVATE FOUNDATION
    EIN:
    31-1599647
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BANK OF NOVA SCOTIA L/O TC-CYN EFA IWM SPY 03/03/2025 FMV 71,925 71,925
    BARCLAYS BANK PLC L/O TC-CYN MXEA RTY SPX 08/29/2025 FMV 75,150 75,150
    BOFA FINANCE LLC L/O TC-CYN EFA IWM SPY 09/24/2026 FMV 194,800 194,800
    BOFA FINANCE LLC L/O TC-CYN EFA IWM SPY 12/03/2026 FMV 37,875 37,875
    BOFA FINANCE LLC L/O TC-CYN EFA IWM SPY 12/15/2025 FMV 72,975 72,975
    CAZ PRIVATE EQUITY OWNERSHIP FUND II LP FMV 63,463 63,463
    CITIGROUP GLOBAL MARKETS L/O TC-CYN EFA IWM SPY 07/23/2026 FMV 387,200 387,200
    CITIGROUP GLOBAL MARKETS L/O TC-CYN EFA IWM SPY 10/09/2025 FMV 99,700 99,700
    CITIGROUP GLOBAL MARKETS L/O TC-CYN EFA IWM SPY 12/04/2026 FMV 37,763 37,763
    ISHARES US MEDICAL DEVICES ETF UV FMV 260,766 260,766
    SKYE GLOBAL FUND LTD FMV 317,172 317,172
    LIONHEDGE PLATFORM FUND - VERITION MULTI-STRAT FUND LLC FMV 212,806 212,806
    LIONHEDGE PLATFORM FUND - VENBIO SELECT FUND LLC FMV 96,824 96,824

    TY 2021 OtherAssetsSchedule
    Name:
    THE GAIL M ASARCH PRIVATE FOUNDATION
    EIN:
    31-1599647
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDEND RECEIVABLE 216    


    TY 2021 OtherExpensesSchedule
    Name:
    THE GAIL M ASARCH PRIVATE FOUNDATION
    EIN:
    31-1599647
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CREDIT CARD FEES 198 198   0
    COUVERT EXPENSES 670 0   0


    TY 2021 OtherIncomeSchedule2
    Name:
    THE GAIL M ASARCH PRIVATE FOUNDATION
    EIN:
    31-1599647
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    UBS FINL SERVICES #3K-02007 - MAKE WHOLE PAYMENT 66,705 66,705 66,705
    PFIC MARK-TO-MKT GAIN/(LOSS) - LIONHEDGE PLATFORM FD - VENBIO SELECT FUND -13,510 -13,510 -13,510
    45 RAVINE AVENUE REALTY LLC - PROMISSORY NOTE INTEREST 8,250 8,250 8,250
    UNREALIZED INVESTMENT APPREC./(DEPREC.) 156,807   156,807
    PFIC MARK-TO-MKT GAIN/(LOSS) - SKYE GLOBAL 56,702 70,876 56,702
    PARTNERSHIP INCOME/(LOSS) - CAZ PRIVATE EQUITY OWNERSHIP FD II LP 2,130 2,130 2,130
    PFIC MARK-TO-MKT GAIN/(LOSS) - LIONHEDGE PLATFORM FD - VERITION MULTI-STRAT 12,806 12,806 12,806


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE GAIL M ASARCH PRIVATE FOUNDATION
    EIN:
    31-1599647
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MGMT/ ADVISORY FEES 3,076 3,076   0


    TY 2021 TaxesSchedule
    Name:
    THE GAIL M ASARCH PRIVATE FOUNDATION
    EIN:
    31-1599647
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES WITHHELD 292 292   0
    EXCISE TAXES 5,231 0   0