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 11-01-2021 , and ending 10-31-2022
Name of foundation
KOLATCH FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)144 WALNUT STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ENGLEWOOD, NJ07631
A Employer identification number

13-3918276
B Telephone number (see instructions)

(305) 440-0572
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$131,700,173J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 5,497,550
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 3,105,380 3,105,380  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,590,439
b Gross sales price for all assets on line 6a 4,592,306
7 Capital gain net income (from Part IV, line 2)... 4,590,439
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........ 13,193,369 7,695,819 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest............... 2,927 2,927 0 0
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 12,186,320 300,000 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,189,247 302,927 0 0
25 Contributions, gifts, grants paid....... 6,365,214 6,365,214
26 Total expenses and disbursements. Add lines 24 and 25 18,554,461 302,927 0 6,365,214
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,361,092
b Net investment income (if negative, enter -0-) 7,392,892
c Adjusted net income (if negative, enter -0-)... 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............. 1,144,079 7,024,953 7,024,953
2 Savings and temporary cash investments......... -461,260 2,469,378 2,469,378
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)....... 11,848,842 Click to see attachment8,884,596 8,884,596
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).......... 74,274,759 Click to see attachment74,535,943 113,321,246
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 86,806,420 92,914,870 131,700,173
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) Click to see attachment1,313,052 Click to see attachment20
23 Total liabilities (add lines 17 through 22)......... 1,313,052 20
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........ 679,470 679,470
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 84,813,898 92,235,380
29 Total net assets or fund balances (see instructions)..... 85,493,368 92,914,850
30 Total liabilities and net assets/fund balances (see instructions). 86,806,420 92,914,870
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
85,493,368
2
Enter amount from Part I, line 27a .....................
2
-5,361,092
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
12,782,574
4
Add lines 1, 2, and 3 ..........................
4
92,914,850
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
92,914,850
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 EPR PROPERTIES P   2022-01-15
b ADIENT LTD P   2022-01-15
c FIRSTENERGY CORP P   2022-01-16
d ADIENT LTD P   2022-01-16
e MGIC INVESTMENT CORP COM P   2022-02-25
ADIENT LTD P   2022-02-25
CVS HEALTH CORP P   2022-02-25
FIRSTENERGY CORP P   2022-02-25
UPPER90 LOAN SPV I LLC P   2022-06-28
BILATERAL HOLDINGS LLC ADMIRAL VENTURES P   2022-10-03
SPDR S&P 500 ETF TRUST P   2022-10-25
UPPER90 LOAN SPV I LLC P   2022-03-22
HIGHPEAK ENERGY INC 10.0% 2/15/24 P   2022-07-12
STONEMOR INC 8.5% 5/15/29 P   2022-07-22
(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 131,148     131,148
b 321,491     321,491
c 375,180     375,180
d 163,545     163,545
e 531,513     531,513
137,325     137,325
201,047     201,047
26,416     26,416
51,677     51,677
262,562     262,562
1,984,261     1,984,261
352,545     352,545
    1,867 -1,867
53,596     53,596
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       131,148
b       321,491
c       375,180
d       163,545
e       531,513
      137,325
      201,047
      26,416
      51,677
      262,562
      1,984,261
      352,545
      -1,867
      53,596
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 4,590,439
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 3 404,274
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........................... 3 102,761
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- ..... 5 102,761
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 54,223
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 150,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 204,223
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 10 101,462
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet101,462 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)
    bulletNJ
    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 .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJONATHAN KOLATCH Telephone no.bullet (305) 440-0572

    Located atbullet144 WALNUT STREETENGLEWOODNJ ZIP+4bullet07631
    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
    JONATHAN L KOLACTH TRUSTEE
    5.00     		0 0 0
    144 WALNUT STREET
    ENGLEWOOD,NJ07631
    MINDY S KOLATCH TRUSTEE
    5.00     		0 0 0
    390 WEST END AVENUE APT 10J
    NEW YORK,NY10024
    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
    135,898,480
    b
    Average of monthly cash balances.......................
    1b
    3,063,569
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    138,962,049
    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
    138,962,049
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    2,084,431
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    136,877,618
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    6,843,881
    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
    6,843,881
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    102,761
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    102,761
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,741,120
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    6,741,120
    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
    6,741,120
    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 6,741,120
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 4,426,266
    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$ 6,365,214
    a Applied to 2020, but not more than line 2a 4,426,266
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 1,938,948
    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 ..........     		4,802,172
    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).)
    JONATHAN L KOLACTH
    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 FRIENDS OF SHAARE ZEDEK HOSPITAL
    55 W 39TH ST
    NEW YORK,NY10018     		  PC GENERAL SUPPORT 2,500
    CHABAD HOUSE BOWERY
    353 BOWERY
    NEW YORK,NY10003     		  PC GENERAL SUPPORT 3,600
    COALITION FOR THE HOMELESS
    129 FULTON STREET
    NEW YORK,NY10038     		  PC GENERAL SUPPORT 7,500
    CONGREGATION AHAVATH TORAH
    240 BROAD AVENUE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 37
    CONGREGATION AHAVATH TORAH
    240 BROAD AVENUE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 37
    CONGREGATION AHAVATH TORAH
    240 BROAD AVENUE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 56
    CONGREGATION AHAVATH TORAH
    240 BROAD AVENUE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 56
    CONGREGATION AHAVATH TORAH
    240 BROAD AVENUE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 56
    CONGREGATION AHAVATH TORAH
    240 BROAD AVENUE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 180
    CONGREGATION AHAVATH TORAH
    240 BROAD AVENUE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 37
    CONGREGATION OHAB ZEDEK
    118 WEST 95TH ST
    NY,NY10025     		  PC GENERAL SUPPORT 1,830
    CONGREGATION RAMATH ORAH
    550 WEST 110TH ST
    NEW YORK,NY10025     		  PC GENERAL SUPPORT 3,000
    EAST HILL SYNAGOGUE
    255 WALNUT STREET
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 2,700
    ENGLEWOOD MIKVAH
    240 BROAD AVENUE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 1,000
    FROST SCIENCE MUSEUM
    1101 BISCAYNE BLVD
    MIAMI,FL33132     		  PC GENERAL SUPPORT 279
    HILLEL INTERNATIONAL
    800 EIGHTH STREET NW
    WASHINGTON,DC20001     		  PC GENERAL SUPPORT 25,000
    JCC ON THE PALISADES
    411 EAST CLINTON AVENUE
    TENAFLY,NJ07670     		  PC GENERAL SUPPORT 852
    RAMAZ SCHOOL
    60 EAST 78TH ST
    NEW YORK,NY10028     		  PC GENERAL SUPPORT 10,000
    REFUAT HANEFESH CREATIVE WRITING CAMPAIGN
    PO BOX 210051
    CLEVELAND,OH44121     		  PC GENERAL SUPPORT 10,000
    SINAI SCHOOLS
    240 FRISCH COURT SUITE 100
    PARAMUS,NJ07652     		  PC GENERAL SUPPORT 5,400
    TEACH NJ (TEACH COALITION)
    259 CEDAR LANE
    TEANECK,NJ07666     		  PC GENERAL SUPPORT 10,000
    THE WHITNEY MUSEUM
    99 GANSEVOORT ST
    NEW YORK,NY10014     		  PC GENERAL SUPPORT 275
    YESHIVA UNIVERSITY
    500 WEST 185TH STREET
    NEW YORK,NY10033     		  PC GENERAL SUPPORT 10,000
    CONGREGATION AHAVATH TORAH
    240 BROAD AVENUE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 56
    CONGREGATION AHAVATH TORAH
    240 BROAD AVENUE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 111
    CONGREGATION AHAVATH TORAH
    240 BROAD AVENUE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 56
    CONGREGATION AHAVATH TORAH
    240 BROAD AVENUE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 36,947
    CONGREGATION AHAVATH TORAH
    240 BROAD AVENUE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 19
    EAST HILL SYNAGOGUE
    255 WALNUT STREET
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 5,000
    EAST HILL SYNAGOGUE
    255 WALNUT STREET
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 1,028
    FIDELITY CHARITABLE GIVING FUND
    PO BOX 77001
    CINCINNATI,OH45277     		  PC GENERAL SUPPORT 5,000,000
    ALBERT EINSTEIN COLLEGE OF MEDICINE
    1300 MORRIS PARK AVE BRONX
    NEW YORK,NY10461     		  PC GENERAL SUPPORT 30,000
    AMERICAN FRIENDS OF MIGDAL OZ
    111 GALWAY PL SUITE 203
    TEANECK,NJ07666     		  PC GENERAL SUPPORT 20,000
    AMIT CHILDREN
    49 W 37TH ST 5TH FLOOR
    NEW YORK,NY10018     		  PC GENERAL SUPPORT 50,000
    AMIT CHILDREN INC
    49 W 37TH ST 5TH FLOOR
    NEW YORK,NY10018     		  PC GENERAL SUPPORT 50
    BEIS AHARON VYISROEL INC
    38 BALMORAL DR SPRING VALLEY
    NEW YORK,NY10977     		  PC GENERAL SUPPORT 50,000
    CHABAD LUBAVITCH
    770 EASTERN PARKWAY
    NEW YORK,NY11213     		  PC GENERAL SUPPORT 10,000
    CHAI LIFELINE 866-886-7464 NY
    151 W 30TH ST
    NEW YORK,NY10001     		  PC GENERAL SUPPORT 1,800
    CHEVRA KADISHA OF ENGLEWOOD
    240 BROAD AVENUE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 36
    CONGREGATION
    240 BROAD AVE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 18
    CONGREGATION
    240 BROAD AVE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 360
    CONGREGATION DARKHEI NOAM
    C/O WACHTEL 771 WEST END AVE APT 5E
    NEW YORK,NY10025     		  PC GENERAL SUPPORT 3,000
    CONGREGATION HEICHAL MOSHE
    303 W 91ST ST
    NEW YORK,NY10024     		  PC GENERAL SUPPORT 500
    CONGREGATION SHOMREI EMUNAH
    89 HUGENOT AVE
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 2,000
    ELLIE RUBY FOUNDATION
    7 ROSS COURT
    OAKHURST,NJ07755     		  PC GENERAL SUPPORT 5,000
    ENGLEWOOD COMMUNITY CHEST
    122 S VAN BRUNT ST 2ND FL
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 1,000
    FEDERATION OF JEWISH COMMUNITIES OFNEW YORK
    130 E 59TH ST
    NEW YORK,NY10022     		  PC GENERAL SUPPORT 45,000
    FIDELITY CHARITABLE
    PO BOX 770001
    CINCINNATI,OH45277     		  PC GENERAL SUPPORT 1,800
    FIRST HUNGARIAN CONGREGATION OHAB ZEDEK
    118 W 95TH ST
    NEW YORK,NY10025     		  PC GENERAL SUPPORT 250,000
    FRIENDS OF UNITED HATZALAH
    442 5TH AVE SUITE 1866
    NEW YORK,NY10018     		  PC GENERAL SUPPORT 2,000
    ISRAEL SELECT CHARITY FUND INC
    8170 MCCORMICK BLVD SUITE 225
    SKOKIE,IL60076     		  PC GENERAL SUPPORT 25,000
    JEWISH FEDERATION OF NORTHERN NEW JERSEY
    50 EISENHOWER DR
    PARAMUS,NJ07652     		  PC GENERAL SUPPORT 25,000
    JEWISH FEDERATION OF NORTHERN NEW JERSEY
    50 EISENHOWER DR
    PARAMUS,NJ07652     		  PC GENERAL SUPPORT 25,000
    JEWISH ORTHODOX FEMINIST ALLIANCE
    PO BOX 2044 SILVER SPRING MD 20915
    SILVER SPRING,MD20915     		  PC GENERAL SUPPORT 25,000
    KAPLEN JCC ON THE PALISADES
    411 E CLINTON AVE
    TENAFLY,NJ07670     		  PC GENERAL SUPPORT 2,076
    KEHILLA KESHER
    509 ENGLE ST
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 1,000
    MANHATTAN DAY SCHOOL
    310 W 75TH ST
    NEW YORK,NY10023     		  PC GENERAL SUPPORT 29,000
    OHAB ZEDEK CHESED FUND
    118 W 95TH ST
    NEW YORK,NY10025     		  PC GENERAL SUPPORT 10,000
    ONEG SHABBAT OF THE WESTSIDE
    650 WEST END AVE APT 2A
    NEW YORK,NY10025     		  PC GENERAL SUPPORT 3,600
    ONEG SHABBAT OF THE WESTSIDE
    650 WEST END AVE APT 2A
    NEW YORK,NY10025     		  PC GENERAL SUPPORT 4,000
    PEF ISRAEL ENDOWMENT FUNDS
    630 3RD AVE 15TH FL
    NEW YORK,NY10017     		  PC GENERAL SUPPORT 15,000
    PREGNANCY LOSS SUPPORT PROGRAM
    241 W 72ND ST
    NEW YORK,NY10023     		  PC GENERAL SUPPORT 5,000
    PRIZMAH FEMALE ED LEADERS PROGRAM
    254 W 54TH ST 11TH FL
    NEW YORK,NY10019     		  PC GENERAL SUPPORT 10,000
    RELIEF RESOURCES
    5904 13TH AVE BOROKLYN NY 11219
    BROOKLYN,NY11219     		  PC GENERAL SUPPORT 15,000
    STARDUST JEWISH FERTILITY FOUNDATION
    221 GRIFFEN AVE
    SCASDALE,NY10583     		  PC GENERAL SUPPORT 1,300
    TEMPLE BETH SHOLOM MITZVAH FUND
    4144 CHASE AVE
    MIAMI BEACH,FL33140     		  PC GENERAL SUPPORT 18,000
    THE AMERICAN JEWISH JOINT DISTRIBUTION
    220 E 42ND ST
    NEW YORK,NY10017     		  PC GENERAL SUPPORT 45,000
    THE ENGLEWOOD HEALTH FOUNDATION
    350 ENGLE STREET
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 5,000
    THE JEWISH CENTER
    131 W 86TH ST
    NEW YORK,NY10024     		  PC GENERAL SUPPORT 3,000
    THE MORIAH SCHOOL
    53 S WOODLAND ST
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 36,000
    THE MORIAH SCHOOL OF ENGLEWOOD
    53 S WOODLAND ST
    ENGLEWOOD,NJ07631     		  PC GENERAL SUPPORT 125,000
    THE STARDUST JEWISH FERTILITY FOUNDATION
    221 GRIFFEN AVE
    SCASDALE,NY10583     		  PC GENERAL SUPPORT 250,000
    THE WASHINGTON INSTITUTE
    1111 19TH STREET
    WASHINGTON,DC20036     		  PC GENERAL SUPPORT 25,000
    UJA FEDERATION OF NEW YORK
    130 E 59TH ST
    NEW YORK,NY10022     		  PC GENERAL SUPPORT 1,000
    UKRAINE RELIEF FUND
    770 EASTERN PARKWAY
    NEW YORK,NY11213     		  PC GENERAL SUPPORT 7,500
    UNION OF ORTHODOX JEWISH CONGREGATIONS OF AMERICA
    40 RECTOR ST
    NEW YORK,NY10006     		  PC GENERAL SUPPORT 5,000
    WESTSIDE INSTITUTIONAL SYNAGOGUE
    120 W 76TH ST
    NEW YORK,NY10023     		  PC GENERAL SUPPORT 5,000
    YACHAD
    40 RECTOR ST
    NEW YORK,NY10006     		  PC GENERAL SUPPORT 5,000
    YAD LEAH
    2 BRIGHTON AVE PASSAIC
    PASSAIC,NJ07055     		  PC GENERAL SUPPORT 180
    YATOM
    7580 E GRAY ROAD SUITE 102
    SCOTTSDALE,AZ85260     		  PC GENERAL SUPPORT 5,000
    YATOM
    7580 E GRAY ROAD SUITE 102
    SCOTTSDALE,AZ85260     		  PC GENERAL SUPPORT 5,000
    YESHIVA HEICHAL HATORA
    70 STERLING PL
    TEANECK,NJ07666     		  PC GENERAL SUPPORT 250
    YESHIVA UNIVERSITY HIGH SCHOOL
    500 W 185TH ST
    NEW YORK,NY10033     		  PC GENERAL SUPPORT 54
    YESHIVAT SHALSHELET
    80 W CENTURY RD
    PARAMUS,NJ07652     		  PC GENERAL SUPPORT 18,000
    YOUNG ISRAEL OF SCARSDALE SISTERHOOD
    1313 WEAVER ST SCARSDALE NY 10583
    SCASDALE,NY10583     		  PC GENERAL SUPPORT 80
    Total .................................bullet 3a 6,365,216
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 4,590,439  
    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 7,695,819 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    7,695,819
    (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
    KOLATCH FAMILY FOUNDATION
     
    Employer identification number

    13-3918276
    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
    KOLATCH FAMILY FOUNDATION
          		Employer identification number
    13-3918276
    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
    JONATHAN KOLATCH
    144 WALNUT STREET
     
    ENGLEWOOD, NJ07631

    		$ 5,497,550


    (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
    KOLATCH FAMILY FOUNDATION
          		Employer identification number

    13-3918276
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 20,000 SHS OF ADNT, 5,000 SHS OF EPR, 25,000 SHS OF FE, 80,0000 SHS OF MGIC, 5,0000 SHS OF CVS $ 3,997,550 2022-02-07
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (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
    KOLATCH FAMILY FOUNDATION
          		Employer identification number

    13-3918276
    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 ExplnOfNonFilingWithAGStmt
    Name:
    KOLATCH FAMILY FOUNDATION
    EIN:
    13-3918276
    Statement:
    NEW JERSEY DOES NOT REQUIRE REPORTING IF THE FOUNDATION DOES NOT ENGAGE IN THIRD PARTY SOLICITATION.

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    KOLATCH FAMILY FOUNDATION
    EIN:
    13-3918276
    Name of Stock End of Year Book Value End of Year Fair Market Value
    12,020 SHS ALPHABET INC CMN CL C 1,137,813 1,137,813
    400 SHS BANK OF AMERICA CORP 14,416 14,416
    6,000 SHS CITIGROUP INC CMN 275,160 275,160
    4,189 SHS CVS 396,698 396,698
    1,612,000 STONEMOR INC 8.5% 05/15/2029 PVT 144A PVT SR LIEN 1,360,125 1,360,125
    85,553 REPUBLIC OF ARGENTINA 1.0% 07/09/2029 SR LIEN 17,549 17,549
    1,631,370 REPUBLIC OF ARGENTINA STEP 01/09/2038 SR LIEN 0.125% 09/04/20-07/0 419,866 419,866
    5,000 TELECOM ARGENTINA S.A. TELECOM S.A. SPONSORED ADR REP 5 CL B 20,850 20,850
    10,000 THE FINANCIAL SELECT SECTOR SPDR FUND 339,800 339,800
    3.760 FIDELITY GOVERMENT MONEY MARKET 4 4
    5,250,000 HIGHPEAK ENERGY INC 10.0% 02/15/2024 4,902,315 4,902,315

    TY 2021 InvestmentsOtherSchedule2
    Name:
    KOLATCH FAMILY FOUNDATION
    EIN:
    13-3918276
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FINEPOINT CAPITAL PT FMV 4,757,977 4,757,977
    BOREALIS STRATEGIC FMV 2,815,142 2,815,142
    BLOCKTOWER GAMMA POINT OFFSHORE FUND FMV 2,041,072 2,041,072
    SANDALWOOD OVERSEAS FUND SCP LTD FMV 6,825,037 6,825,037
    SANDALWOOD PRIVATE PARTNERSHIP II, LP - PERCEPTIVE CREDIT OPPORTUN FMV 2,153,773 2,153,773
    REDWOOD OFFSHORE OPPORTUNITY FUND LTD AT COST 32,419,500 71,204,803
    MINDGEEK FMV 2,263,987 2,263,987
    S3 FMV 9,339,910 9,339,910
    MAXIM FMV 500,000 500,000
    NEW GABLES FMV 689,894 689,894
    TITAN FMV 436,800 436,800
    UPPER90 II FMV 592,047 592,047
    COLUMBA/CATALUR FMV 3,994,534 3,994,534
    LACERTA FMV 1,201 1,201
    ORANGE GROVE FMV 2,500,000 2,500,000
    BOREALIS STRATEGIC CAPITAL PARTNERS OFFSHORE FUND II, LP FMV 268,101 268,101
    HIRSHMARK - 14 EAST 69 MEZZ FUNDING LLC FMV 83,333 83,333
    HIRSHMARK - 14 EAST 69 STREET FUNDING LLC FMV 666,667 666,667
    HIRSHMARK - 327 E 22ND STREET FMV 1,960,000 1,960,000
    NODAL HEALTH INC FMV 100,000 100,000
    SLS PARTNERS FUND I, L.P. FMV 126,968 126,968

    TY 2021 OtherExpensesSchedule
    Name:
    KOLATCH FAMILY FOUNDATION
    EIN:
    13-3918276
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSES 11,886,320 0 0 0
    PORTAGE ANNUAL SUBSCRIPTION 300,000 300,000 0 0


    TY 2021 OtherIncreasesSchedule
    Name:
    KOLATCH FAMILY FOUNDATION
    EIN:
    13-3918276
    Description Amount
    MARK TO MARKET ADJUSTMENT 12,782,574


    TY 2021 OtherLiabilitiesSchedule
    Name:
    KOLATCH FAMILY FOUNDATION
    EIN:
    13-3918276
    Description Beginning of Year - Book Value End of Year - Book Value
    LOANS PAYABLE 1,263,660 0
    -1,981 SHS GLOBALSTAR TELECOMMUNICATION 49,392 0
    GSAT 0 20