Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 12-01-2021 , and ending 11-30-2022
Name of foundation
ALLEN I GROSS CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)45 BROADWAY 27TH FLOOR
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10006
A Employer identification number

11-2906887
B Telephone number (see instructions)

(212) 837-4602
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$11,978,048
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) 350,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 127,558 127,558  
4 Dividends and interest from securities... 28,641 28,641  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -132,488
b Gross sales price for all assets on line 6a 6,130,706
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 373,711 156,199 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).... 40,428 40,428 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 4,287 4,287 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 44,715 44,715 0 0
25 Contributions, gifts, grants paid....... 465,421 465,421
26 Total expenses and disbursements. Add lines 24 and 25 510,136 44,715 0 465,421
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -136,425
b Net investment income (if negative, enter -0-) 111,484
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............. 4,878,893 7,902,349 7,902,349
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet1,463
Less: allowance for doubtful accounts bullet     1,463 1,463
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) 0 Click to see attachment104,405 104,405
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment8 8
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,920,962 Click to see attachment309,012 309,012
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment3,575,119 Click to see attachment3,660,811 Click to see attachment3,660,811
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,374,974 11,978,048 11,978,048
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons   25,000
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment750
23 Total liabilities (add lines 17 through 22)......... 0 25,750
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........... 12,374,974 11,952,298
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 12,374,974 11,952,298
30 Total liabilities and net assets/fund balances (see instructions). 12,374,974 11,978,048
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
12,374,974
2
Enter amount from Part I, line 27a .....................
2
-136,425
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
398
4
Add lines 1, 2, and 3 ..........................
4
12,238,947
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
286,649
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
11,952,298
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 PUBLICLY TRADED SECURITIES P    
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(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 6,126,545   6,263,194 -136,649
b 4,161     4,161
c
d
e
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       -136,649
b       4,161
c
d
e
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 -132,488
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 1,550
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 1,550
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 3,041
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,041
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 1,491
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet1,491 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTHE ORGANIZATION Telephone no.bullet (212) 837-4602

    Located atbulletC/O GFI 45 BROADWAY 27TH FLRNEW YORKNY ZIP+4bullet10005
    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)
    Yes
     
    (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
     
    No
    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
    ALLEN I GROSS PRESIDENT
    5.00
    0 0 0
    1345 EAST 27TH ST
    BROOKLYN,NY11210
    EDITH GROSS TRUSTEE
    5.00
    0 0 0
    1345 EAST 27TH ST
    BROOKLYN,NY11210
    BRIAN GROSS TRUSTEE
    5.00
    0 0 0
    2822 AVE L
    BROOKLYN,NY11210
    JONATHAN GROSS TRUSTEE
    5.00
    0 0 0
    1224 EAST 24TH ST
    BROOKLYN,NY11210
    CAROLYN WEISER TRUSTEE
    5.00
    0 0 0
    1368 EAST 26TH STREET
    BROOKLYN,NY11210
    ZAHAVA HURWITZ TRUSTEE
    5.00
    0 0 0
    1360 EAST 28TH STREET
    BROOKLYN,NY11210
    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
    2,156,345
    b
    Average of monthly cash balances.......................
    1b
    6,238,464
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,683,832
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,078,641
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    12,078,641
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    181,180
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    11,897,461
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    594,873
    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
    594,873
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    1,550
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,550
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    593,323
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    593,323
    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
    593,323
    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 7 593,323
    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...... 174,376
    c From 2018...... 147,083
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 321,459
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 465,421
    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..... 465,421
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 127,902 127,902
    (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 5 193,557
    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 ......
    193,557
    10 Analysis of line 9:
    a Excess from 2017.... 46,474
    b Excess from 2018.... 147,083
    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).)
    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
    AGUDATH ISRAEL BAIS BINYOMIN
    2913 EAST 15 AVENUE L
    BROOKLYN,NY11210
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 11,725
    AGUDATH ISRAEL OF AMERICA
    42 BROADWAY
    NEW YORK,NY10004
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 1,500
    AGUDIST BENEVOLENT SOCIETY
    1769 46TH STREET
    BROOKLYN,NY11201
      PC ASSISTANCE FOR THE NEEDY 125
    AISH CENTER
    505 8TH AVE
    NEW YORK,NY10018
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 156,000
    AISH JERUSALEM
    915 CLIFTON AVE
    CLIFTON,NJ07013
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 500
    BAIS CHANA
    383 KINSGSTON AVE SUITE 248
    BROOKLYN,NY11218
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 50
    BAIS YAAKOV D'RAV MEIR
    85 PARKVILLE AVENUE
    BROOKLYN,NY11230
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 39,500
    BEER HAGOLAH
    671 LOUISIANA AVENUE
    BROOKLYN,NY11239
      PC ASSISTANCE FOR THE NEEDY 360
    BETH HATALMUD
    2127 82ND ST
    BROOKLYN,NY11214
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 100
    BONEI OLAM
    1755 46TH STREET
    BROOKLYN,NY11204
      PC ASSISTANCE FOR THE NEEDY 180
    CHAIM MEIR CAMP FUND
    132 NASSAU ST
    NEW YORK,NY10038
      PC ASSISTANCE FOR THE NEEDY 360
    DERECH HATORA - KIRYAT
    2810 NOSTRAND AVENUE
    BROOKLYN,NY11229
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 180
    FRIENDS OF YAD SARAH
    445 PARK AVE 1702
    NEW YORK,NY10022
      PC ASSISTANCE FOR THE NEEDY 680
    HASC
    5902 14TH AVENUE
    BROOKLYN,NY11219
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 1,380
    KEREN YAAKOV ZEV
    132 NASSAU ST RM 300
    NEW YORK,NY10038
      PC ASSISTANCE FOR THE NEEDY 100
    KOLLEL SHOMRE HACHOMOS
    18 HEYWARD STREET
    BROOKLYN,NY11249
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 50
    MASORES BAIS YAAKOV
    1451 52ND ST A1
    BROOKLYN,NY11219
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 22,700
    MATAN BSETAR BAMBI
    1667 54TH STREET
    BROOKLYN,NY11204
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 100
    MATNAS MICHOEL
    BROOKLYN
    BROOKLYN,NY11218
      PC ASSISTANCE FOR THE NEEDY 180
    MIKVAH USA
    1451 52ND ST A1
    BROOKLYN,NY11219
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 360
    MOSDOS VERETZKY
    1102 AVENUE L
    BROOKLYN,NY11230
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 500
    OHEL AVRAHAM JEWISH STUDENT INFO CENTER
    POB 95016
    PALATINE,IL60095
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 280
    OLD BROADWAY SYNAGOGUE
    15 OLD BROADWAY
    NEW YORK,NY10027
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 180
    ORTHODOX UNION
    11 BROADWAY SUITE 1301
    NEW YORK,NY10004
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 180
    PEYLIM LEV LACHIM
    1034 E 12TH ST
    BROOKLYN,NY11230
      PC ASSISTANCE FOR THE NEEDY 180
    PROJECT INSPIRE
    1407 BROADWAY SUITE 1703A
    NEW YORK,NY10018
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 35,000
    PROJECT RANANA
    1179 EAST 13TH STREET
    BROOKLYN,NY11230
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 750
    PROSPECT PARK YESHIVA
    1784 EAST 17TH STREET
    BROOKLYN,NY11229
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 400
    RCCS
    762 BEDFORD AVE
    BROOKLYN,NY11205
      PC ASSISTANCE FOR THE NEEDY 500
    RIVKAH LAUFER BIKUR CHOLIM
    1406 57TH STREET
    BROOKLYN,NY11219
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 680
    SAMCHENU
    812 HYDE COURT
    SILVER SPRING,MD20902
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 100
    SHALOM TORAH CENTER
    417 13TH ST
    LAKEWOOD,NJ08701
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 180
    SHOR YOSHUV
    1 CEDARLAWN AVENUE
    LAWRENCE,NY11559
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 600
    SINAI ACADEMY
    2025 79TH STREET
    BROOKLYN,NY11214
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 4,800
    TORAH COMMUNICATIONS CENTER
    1618 43RD STREET
    BROOKLYN,NY11204
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 96
    TORAH UMISORAH
    620 FOSTER AVENUE
    BROOKLYN,NY11230
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 360
    UNITED STATES HOLOCAUST MUSEUM
    100 RAOUL WALLENBERG PLACE SW
    WASHINGTON,DC20024
      PC ASSISTANCE FOR THE NEEDY 100
    UNITED TALMUDICAL ACADEMY
    245 KEAP ST
    BROOKLYN,NY11211
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 360
    YAD MOISHE
    4706 12TH AVE
    BROOKLYN,NY11218
      PC ASSISTANCE FOR THE NEEDY 360
    YESHIVA CHOFETZ CHAIM
    1271 EAST 35TH ST
    BROOKLYN,NY11218
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 500
    YESHIVA OHR YISROEL
    2899 NOSTRAND AVE
    BROOKLYN,NY11229
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 250
    YESHIVA TIFERES YISROEL
    1271 EAST 35TH STREET
    BROOKLYN,NY11210
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 83,500
    YESHIVA TORAH VODAATH
    425 EAST 9TH STREET
    BROOKLYN,NY11218
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 11,600
    ZICHRON SHLOMO REFUAH FUND
    1319 51ST ST
    BROOKLYN,NY11219
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 200
    ZICHRON YAAKOV FOUNDATION
    101 KENTILE ROAD
    SOUTH PLAINFIELD,NJ07080
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 180
    BIKUR CHOLIM ARUGAS HABOSEM
    3509 CLARKS LN
    BALTIMORE,MD21215
      PC ASSISTANCE FOR THE NEEDY 100
    BIKUR CHOLIM CHESED ORGANIZATION
    5216 11TH AVE
    BROOKLYN,NY11219
      PC ASSISTANCE FOR THE NEEDY 180
    BIKUR CHOLIM OF FLATBUSH NEFESH CHAYA TIFERES YOSEF YAD LCHOLIM
    3018 BEDFORD AVE
    BROOKLYN,NY11210
      PC ASSISTANCE FOR THE NEEDY 1,985
    BNOS YAAKOV HIGH SCHOOL
    2710 AVENUE X
    BROOKLYN,NY11235
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 12,500
    CONG CHASDEI LEV
    PO BOX 297257
    BROOKLYN,NY11229
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 30,000
    KHAL LEV AVROHOM
    3754 18TH AVE
    BROOKLYN,NY11218
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 230
    CONGREGATION SHAAR HASHOMAYIM
    450 AV KENSINGTON WESTMOUNT
      QUEBEC  
    CA
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 500
    HACHNOSAS KAYLA FUND INC
    1132 BAY 24TH ST
    FAR ROCKAWAY,NY11691
      PC ASSISTANCE FOR THE NEEDY 500
    FLATBUSH HATZOLOH
    1880 OCEAN AVE
    BROOKLYN,NY11230
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 5,000
    HATZOLOH EMS OF ROCKLAND COUNTY
    19 GROVE ST
    MONSEY,NY10952
      PC ASSISTANCE FOR THE NEEDY 5,000
    INSTITUTE FOR DAYANIM
    25520 COLLEEN ST
    OAK PARK,MI48237
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 500
    OHEL CHILDREN'S HOME
    1268 EAST 14TH STREET
    BROOKLYN,NY11230
      PC ASSISTANCE FOR THE NEEDY 500
    AMERICAN FRIENDS OF OSEH CHAYIL
    C/O WEISS AND CO - 18 EAST 41ST ST
    NEW YORK,NY10017
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 500
    PROJECT SHORESH
    262 BLACKSTONE BLVD
    PROVIDENCE,RI02906
      PC ASSISTANCE FOR THE NEEDY 100
    NEW SPRINGVILLE JEWISH CENTER
    120 SAXON AVE
    STATEN ISLAND,NY10314
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 180
    YESHIVA HASHEVAYNU
    144-49 72ND DR
    QUEENS,NY11367
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 500
    YESHIVA LIVNAS HASAPIR
    1760 53ST
    BROOKLYN,NY11204
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 1,000
    YESHIVA OHR SHRAGA VERETZSKY
    1102 AVENUE L
    BROOKLYN,NY11230
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 1,000
    YESHIVAS TORAS CHAIM
    1542 CONEY ISLAND AVE
    BROOKLYN,NY11230
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 27,000
    YESHIVA NACHLAS TZVI DKRULA
    127 WALLABOUT ST
    BROOKLYN,NY11206
      PC ASSISTANCE TO RELIGIOUS ORGANIZATION 180
    Total .................................bullet 3a 465,421
    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 ...........
        14 127,558  
    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 -132,488  
    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 23,711 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    23,711
    (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.)
    8 INVESTMENT INCOME IN ORDER TO BE ABLE TO ACCOMPLISH THE CHARITABLE
    8 GOALS OF THE ORGANIZATION.
    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
    ALLEN I GROSS CHARITABLE FOUNDATION
     
    Employer identification number

    11-2906887
    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
    ALLEN I GROSS CHARITABLE FOUNDATION
     
    Employer identification number
    11-2906887
    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
    MARISA CAPITAL CORP
     
    140 BROADWAY 41ST FLOOR
     
    NEW YORK, NY10005

    $ 350,000


    (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
    ALLEN I GROSS CHARITABLE FOUNDATION
     
    Employer identification number

    11-2906887
    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
    ALLEN I GROSS CHARITABLE FOUNDATION
     
    Employer identification number

    11-2906887
    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 InvestmentsCorpBondsSchedule
    Name:
    ALLEN I GROSS CHARITABLE FOUNDATION
    EIN:
    11-2906887
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BLACKROCK BOND ALLOCATION TARGET SHARES 8 8

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    ALLEN I GROSS CHARITABLE FOUNDATION
    EIN:
    11-2906887
    US Government Securities - End of Year Book Value:

    104,405
    US Government Securities - End of Year Fair Market Value:

    104,405
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    ALLEN I GROSS CHARITABLE FOUNDATION
    EIN:
    11-2906887
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALPHAKEYS MILLENNIUM OFFSHORE FUND LTD SER 1 FMV 185,029 185,029
    ALPHAKEYS MILLENNIUM FD LTD CLASS B SERIES 1 FMV 51,491 51,491
    NATIONAL SECURITY LIFE INS CO NSCORE LITE II FMV 29,092 29,092
    BANK OF AMER CORP NTS FMV 12,847 12,847
    VERIZON COMM INC NTS FMV 7,532 7,532
    INVESTMENT IN NOTE AT COST 23,021 23,021

    TY 2021 OtherAssetsSchedule
    Name:
    ALLEN I GROSS CHARITABLE FOUNDATION
    EIN:
    11-2906887
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INVESTMENT IN SQUARE MILE PARTNERS 17,550 17,550 17,550
    INVESTMENT 3,557,569 3,643,261 3,643,261


    TY 2021 OtherDecreasesSchedule
    Name:
    ALLEN I GROSS CHARITABLE FOUNDATION
    EIN:
    11-2906887
    Description Amount
    UNREALIZED GAIN ON SECURITIES 286,649


    TY 2021 OtherIncreasesSchedule
    Name:
    ALLEN I GROSS CHARITABLE FOUNDATION
    EIN:
    11-2906887
    Description Amount
    UNREALIZED LOSS ON SECURITIES 398


    TY 2021 OtherLiabilitiesSchedule
    Name:
    ALLEN I GROSS CHARITABLE FOUNDATION
    EIN:
    11-2906887
    Description Beginning of Year - Book Value End of Year - Book Value
    TAXES PAYABLE 0 750


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    ALLEN I GROSS CHARITABLE FOUNDATION
    EIN:
    11-2906887
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT SERVICE CHARGES 40,428 40,428 0 0
    FILING FEES 0 0 0 0


    TY 2021 TaxesSchedule
    Name:
    ALLEN I GROSS CHARITABLE FOUNDATION
    EIN:
    11-2906887
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE TAXES 750 750 0 0
    FEDERAL TAXES 3,537 3,537 0 0