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 07-01-2021 , and ending 06-30-2022
Name of foundation
HISTORIC PRESERVATION EDUCATION FOUNDATION
 
% MARILYN KAPLAN
Number and street (or P.O. box number if mail is not delivered to street address)1050 CONNECTICUT AVE NW PO BOX 6525
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC200357594
A Employer identification number

52-1474906
B Telephone number (see instructions)

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$2,024,017J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 0 0 0
4 Dividends and interest from securities... 52,243 52,243 52,243
5a Gross rents............ 0 0 0
b Net rental income or (loss) 0
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 141,772
b Gross sales price for all assets on line 6a 288,299
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications........... 0
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0 0
11 Other income (attach schedule)....... Click to see attachment 2,500 0 0
12 Total. Add lines 1 through 11........ 196,515 52,243 52,243
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 33,750 0 0 23,625
15 Pension plans, employee benefits....... 0 0 0 0
16a Legal fees (attach schedule)......... 0 0 0 0
b Accounting fees (attach schedule)....... 0 0 0 0
c Other professional fees (attach schedule).... Click to see attachment 22,507 22,507 22,507 0
17 Interest............... 0 0 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,962 0 0 0
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy.............. 0 0 0 0
21 Travel, conferences, and meetings....... 0 0 0 0
22 Printing and publications.......... 0 0 0 0
23 Other expenses (attach schedule)....... Click to see list of attachments 8,137 0 0 6,542
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 67,356 22,507 22,507 30,167
25 Contributions, gifts, grants paid....... 34,618 149,018
26 Total expenses and disbursements. Add lines 24 and 25 101,974 22,507 22,507 179,185
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 94,541
b Net investment income (if negative, enter -0-) 29,736
c Adjusted net income (if negative, enter -0-)... 29,736
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............. 27,766 20,819 20,819
2 Savings and temporary cash investments......... 51,634 75,039 75,039
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   232    
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet   0    
5 Grants receivable................. 39,077 45,500 45,500
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0  
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet   0 0  
8 Inventories for sale or use.............. 0    
9 Prepaid expenses and deferred charges.......... 729 729 729
10a Investments—U.S. and state government obligations (attach schedule)   0  
b Investments—corporate stock (attach schedule)....... 878,918 Click to see attachment765,927 1,416,274
c Investments—corporate bonds (attach schedule)....... 226,910 Click to see attachment408,005 364,580
11 Investments—land, buildings, and equipment: basis bullet0
Less: accumulated depreciation (attach schedule) bullet0 0 0 0
12 Investments—mortgage loans............. 0    
13 Investments—other (attach schedule).......... 64,378 Click to see attachment64,378 101,076
14 Land, buildings, and equipment: basis bullet39,751
Less: accumulated depreciation (attach schedule) bullet39,751 0 0 0
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,289,644 1,380,397 2,024,017
Liabilities 17 Accounts payable and accrued expenses.......... 4,688 900
18 Grants payable................. 0 0
19 Deferred revenue................. 0 0
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 4,688 900
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........... 1,284,956 1,379,497
25 Net assets with donor restrictions............ 0  
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)..... 1,284,956 1,379,497
30 Total liabilities and net assets/fund balances (see instructions). 1,289,644 1,380,397
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
1,284,956
2
Enter amount from Part I, line 27a .....................
2
94,541
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,379,497
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,379,497
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.)
1a
b
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
b
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
b
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  
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  
3 Add lines 1 and 2........................... 3 413
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 413
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b  
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.............. Part VI Line 7 - Tax Paid with the Original Return: 413 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 413
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet0 RefundedBullet 11  
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)
    bullet
    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
    Yes
     
    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 addressbulletHPEF.US
    14
    The books are in care ofbulletMARILYN KAPLAN Telephone no.bullet (518) 459-6460

    Located atbullet43 MARION AVEALBANYNY ZIP+4bullet122031822
    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
    MARILYN KAPLANClick to see attachment PRESIDENT
    3.00     		0 0 0
    43 MARION AVENUE
    ALBANY,NY122038122
    MARTHA WARENFELSClick to see attachment SECRETARY
    1.50     		0 0 0
    111 CHESTNUT ST
    PROVIDENCE,RI02903
    DEBORAH SLATONClick to see attachment DIRECTOR
    2.00     		0 0 0
    330 PFINGSTEN ROAD
    NORTHBROOK,IL60062
    RICHARD PIEPERClick to see attachment DIRECTOR
    1.00     		0 0 0
    39 WEST 37TH STREET
    NEW YORK,NY10018
    AMANDA LEWKOWICZClick to see attachment DIRECTOR
    1.00     		0 0 0
    9 WASHINGTON PLACE
    APT 1
    TROY,NY12180
    TRUDI G SANDMEIERClick to see attachment DIRECTOR
    1.00     		0 0 0
    760 LLIFF STREET
    PACIFIC PALISADES,CA90272
    STEPHEN J FARNETHClick to see attachment DIRECTOR
    1.00     		0 0 0
    PIER 9
    THE EMBARCADERO SUITE 107
    SAN FRANCISCO,CA94111
    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  
    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.............bullet  
    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 EDUCATIONAL SEMINARS - THE FOUNDATION PARTNERS WITH OTHER LOCAL 501C3 PRESERVATION ENTITIES TO PRESENT PRESERVATION EDUCATION TO THE PUBLIC 64,785
    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.........................bullet  
    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
    2,102,696
    b
    Average of monthly cash balances.......................
    1b
    66,158
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,168,854
    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
    2,168,854
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    32,533
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    2,136,321
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    106,816
    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
     
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
     
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
     
    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  
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    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 ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$  
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		 
    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) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    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
    29,736 3,313 27,090 28,924 89,063
    b 85% (0.85) of line 2a ......... 25,276 2,816 23,027 24,585 75,704
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		179,185 81,885 85,547 286,139 632,756
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		179,185 81,885 85,547 286,139 632,756
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ...... 0 0 0 0 0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		 0 0 0 0 0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		71,211 2,209 57,751 58,023 189,194
    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) ....     		0 0 0 0 0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		0 0 0 0 0
    (3) Largest amount of support
    from an exempt organization    		 0 0 0 0 0
    (4) Gross investment income 0 0 0 0 0
    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).)
    NONE
    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.
    NONE
    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
    HISTORIC HAWAII FOUNDATION
    680 Iwilei Road
    SUITE 690
    HONOLULU,HI96817     		No Relationship PC Three-day workshop on repair maintenance and in-kind replacement of historic wooden windows. 3,490
    HISTORIC ITHACA
    212 Center Street
    ITHACA,NY14850     		No Relationship PC Series of then free public preservation training and collaborative municipal planning workshops charrettes roundtable discussions and presentations on topic of sustainably retrofitting historic buildings. 6,300
    TEXAS AM UNIVERSITY
    3137 TAMU
    LANGFORD BLDG ROOM 1
    COLLEGE STATION,TX778433137     		No Relationship PC One-day workshop on integrating non-destructive techniques into preservation workflow. 10,000
    POWER OF PRESERVATION FOUNDATION
    PO Box 830295
    SAN ANTONIO,TX78283     		No Relationship PC Prototype community learning lab workshops on porches wood shake siding wood windows repair and interior details that are part of City of San Antonio Office of Historic Preservation's Rehabbers Club. 3,464
    MICHIGAN HISTORIC PRESERVATION NETWORK
    440 Burroughs
    SUITE 183
    DETROIT,MI48202     		No Relationship PC Fifty hours of wood window rehabilitation training in an 8-part evening and weekend course consisting of four hands-on workshops followed by 3 onsite learn-along labs at the homes of participants and final review session. 7,364
    PRESERVATION ALLIANCE OF MINNESOTA
    416 Landmark Center
    75 West 5th Street
    ST PAUL,MN55102     		No Relationship PC Series of hands-on rehabilitation workshops on wood and wood window repair porch reconstruction exterior painting and foundation repair using Cox House in St. Peter Minnesota as case study site. 4,000
    Total .................................bullet 3a 34,618
    bApproved for future payment
    HISTORIC ALBANY FOUNDATION
    89 LEXINGTON AVE
    ALBANY,NY12206     		    Historic Preservation Trades and Technology Program - Preservation Carpentry and Repair of Historic Plaster Training Modules. 0
    KENTUCKY TRUST FOR HIST
    PO Box 830295
    FRANKFORT,KY40602     		    Historic Window Restoration and Preservation Workshop Series 0
    ASSOC PRESERVATION TECHNOLOGY APT
    3085 STEVENSON DR
    SUITE 200
    SPRINGFIELD,IL62703     		    OSCAR 2.0 - Phase 2 Implementation and Content Development 0
    NATIONAL PRESERVATION INSTITUTE
    PO Box 830295
    ALEXANDRIA,VA22313     		    Risk Assessment and Resiliency Planning for Cultural Resources Seminar 0
    CALVERT VAUX PRESERVATION ALLIANCE
    P O BOX 213
    STAATSBURG,NY12580     		    Expanding Preservation Technology Training at The Point 0
    RE PURPOSE SAVANNAH
    2302 E Gwinnett St
    SAVANNAH,GA31404     		    One year paid apprenticeship program to train two women in historic building deconstruction through classes at Savannah Technical College's preservation program and site work at the organization's yard and active deconstruction sites. 0
    LANDMARK SOCIETY OF WESTERN NY
    133 South Fitzhugh
    ROCHESTER,NY14608     		    Six-week paid training program to address shortage of workers skilled in traditional trades starting with window rehabilitation. 0
    ASSOC PRESERVATION TECHNOLOGY APT
    1 Eglinton Ave E
    Suite 705
    TORONTO,TORONTOON MAP 3A1
    CA     		    Online workshop for code officials building owners and Main Street program administrators to present strategies for utilizing IEBC's "Performance Compliance Method to encourage Main Street revitalization and occupancy. 0
    PRESERVATION ALLIANCE OF MN
    416 Landmark Center
    75 West 5th Street
    SANIT PAUL,MN55012     		    Four hands-on workshops on maintenance repair and rehabilitation issues window and door weatherization concrete roofs and paint removal in older homes in collaboration with partner organizations in Central and Northern Minnesota. 0
    PRESERVATION MARYLAND
    3600 Clipper Mill Road
    SUITE 2488
    BALTIMORE,MD21211     		    Translation of hands-on preservation training videos and posting online for Spanish-speaking tradespersons. 0
    NEWPORT RESTORATION FOUNDATION
    51 Touro St
    NEWPORT,RI02840     		    Evaluating the base construction skills of two cohorts of students from the local construction community to develop a specialty in the preservation trades. 0
    UNIVERSITY OF NEW MEXICO
    2401 Central Ave
    NE ALBURQUERQUE,NM87131     		    International workshop on traditional methods of earthen architecture preservation for students and attendees of concurrent conferences. 0
    NEIGHBORHOOD HOUSING SERVICES LA
    3926 WILSHIRE BLVD
    LOS ANGLES,CA90010     		    Provide education training and USC student-based pro bono design services for homeowners in primarily non-white historic neighborhood in Los Angeles. 0
    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 ....   0   0 0
    3 Interest on savings and temporary cash
    investments ...........     		  0   0 0
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......   0   0 0
    bNot debt-financed property.....   0   0 0
    6 Net rental income or (loss) from personal property   0   0 0
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		  0 18 141,772 0
    9 Net income or (loss) from special events:   0   0 0
    10 Gross profit or (loss) from sales of inventory   0   0 0
    11 Other revenue:
    a       		  0   0 0
    b     0   0 0
    c     0   0 0
    d     0   0 0
    e     0   0 0
    12 Subtotal. Add columns (b), (d), and (e) .. 0 194,015 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    194,015
    (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: 21013404
    Software Version: V1.0
    Part VI Line 7 - Tax Paid with the Original Return: 413


    Form 990PF - Special Condition Description:
    Special Condition Description

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

    TY 2021 GainLossSaleOtherAssetsSch
    Name:
    HISTORIC PRESERVATION EDUCATION FOUNDATION
    EIN:
    52-1474906
    Software ID:
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    Software Version:
    V1.0
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Apple Inc 2009-09 Purchase 2021-08  
    Apple Inc     		50,940 2,157   0   0
    EXXON MOBILE 2017-09 Purchase 2021-08  
    EXXON MOBILE     		11,535 15,880   0   0
    EXXON MOBILE CORP 2018-07 Purchase 2021-08  
    EXXON MOBILE CORP     		5,767 8,371   0   0
    EXXON MOBILE CORP 2018-10 Purchase 2021-08  
    EXXON MOBILE CORP     		2,884 3,973   0   0
    STANLEY BLACK & DECKER INC 2015-08 Purchase 2021-08  
    STANLEY BLACK & DECKER INC     		48,980 24,762   0   0
    STARBUCKS CORP 2012-02 Purchase 2021-08  
    STARBUCKS CORP     		24,072 4,847   0   0
    APPLE INC 2009-09 Purchase 2021-10  
    APPLE INC     		37,223 1,541   0   0
    SCHWAB US SMALL CAP ETF 2018-09 Purchase 2022-03  
    SCHWAB US SMALL CAP ETF     		106,898 84,996   0   0

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    HISTORIC PRESERVATION EDUCATION FOUNDATION
    EIN:
    52-1474906
    Software ID:
    21013404
    Software Version:
    V1.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    INTERMEDIATE BONDS 64,960 61,196
    INFLATION BONDS 65,025 59,004
    CORPORATE BONDS 49,461 43,065
    MULTI SECTOR/OTHER BONDS 228,559 201,315
    HIGH YIELD NON-INVESTMENT GRADE 0 0

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    HISTORIC PRESERVATION EDUCATION FOUNDATION
    EIN:
    52-1474906
    Software ID:
    21013404
    Software Version:
    V1.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    UTILITIES 12,699 11,902
    SMALL & MID CAP FUND 49,880 46,879
    HELATHCARE 154,688 314,708
    REAL ESTATE 25,185 51,118
    CONSUMER DISCRETIONARY 66,914 127,378
    CONSUMER STAPLES 58,716 82,670
    FINANCIAL SERVICES 65,016 113,207
    INDUSTRIALS 83,015 142,605
    INFORMATION TECHNOLOGY 54,188 270,201
    MATERIALS 44,541 56,568
    MUTUAL FUNDS - LARGE BLEND 0 0
    MUTUAL FUNDS - SMALL VALUE 0 0
    TELECOMMUNICATIONS SERVICES 100,230 134,709
    International Equity Fund 50,855 64,329
    ENERGY 0 0
    FOREIGN EQUITIES 0 0

    TY 2021 InvestmentsLandSchedule2
    Name:
    HISTORIC PRESERVATION EDUCATION FOUNDATION
    EIN:
    52-1474906
    Software ID:
    21013404
    Software Version:
    V1.0
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Land 0 0 0 0
    Buildings 0 0 0 0
    Leasehold improvements 0 0 0 0
    Equipment 0 0 0 0

    TY 2021 InvestmentsOtherSchedule2
    Name:
    HISTORIC PRESERVATION EDUCATION FOUNDATION
    EIN:
    52-1474906
    Software ID:
    21013404
    Software Version:
    V1.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SPDR GOLD SHARES   64,378 101,076

    TY 2021 LandEtcSchedule2
    Name:
    HISTORIC PRESERVATION EDUCATION FOUNDATION
    EIN:
    52-1474906
    Software ID:
    21013404
    Software Version:
    V1.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Office Equipment 0 39,751 0 0


    TY 2021 OtherExpensesSchedule
    Name:
    HISTORIC PRESERVATION EDUCATION FOUNDATION
    EIN:
    52-1474906
    Software ID:
    21013404
    Software Version:
    V1.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Officers & Directors Insurance 1,595 0 0 0
    Postage 124 0 0 124
    Dues & Subscriptions 1,110 0 0 1,110
    Computer Expenses 420 0 0 420
    Shipping 176 0 0 176
    Storage 2,822 0 0 2,822
    Miscellaneous Program Expenses 294 0 0 294
    Internet Costs 1,596 0 0 1,596


    TY 2021 OtherIncomeSchedule2
    Name:
    HISTORIC PRESERVATION EDUCATION FOUNDATION
    EIN:
    52-1474906
    Software ID:
    21013404
    Software Version:
    V1.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Conference Revenues 2,500 0 0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    HISTORIC PRESERVATION EDUCATION FOUNDATION
    EIN:
    52-1474906
    Software ID:
    21013404
    Software Version:
    V1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Fees 22,507 22,507 22,507 0


    TY 2021 TaxesSchedule
    Name:
    HISTORIC PRESERVATION EDUCATION FOUNDATION
    EIN:
    52-1474906
    Software ID:
    21013404
    Software Version:
    V1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Employer Payroll Taxes 2,962 0 0 0