efile Public Visual Render
ObjectId: 202243199349110459 - Submission: 2022-11-15
TIN: 52-6047356
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0047
20
21
Open to Public Inspection
For calendar year 2021, or tax year beginning
01-01-2021
, and ending
12-31-2021
Name of foundation
Diane & Norman Bernstein Foundation Inc
% JOSHUA BERNSTEIN
Number and street (or P.O. box number if mail is not delivered to street address)
5301 Wisconsin Avenue NW Suite 500
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Washington
,
DC
20015
A Employer identification number
52-6047356
B
Telephone number (see instructions)
(202) 363-6301
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
50,370,689
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
200
2
Check
.............
3
Interest on savings and temporary cash investments
35,413
35,413
4
Dividends and interest from securities
...
1,012,758
1,012,758
5a
Gross rents
............
54,513
54,513
b
Net rental income or (loss)
54,513
6a
Net gain or (loss) from sale of assets not on line 10
14,448,948
b
Gross sales price for all assets on line 6a
7
Capital gain net income (from Part IV, line 2)
...
18,076,726
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)
.......
566,604
564,935
12
Total.
Add lines 1 through 11
........
16,118,436
19,744,345
13
Compensation of officers, directors, trustees, etc.
203,189
40,638
162,551
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
34,923
31,431
0
3,492
c
Other professional fees (attach schedule)
....
48,312
48,312
17
Interest
...............
76,644
76,644
18
Taxes (attach schedule) (see instructions)
...
75,002
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
451,705
360,923
3,917
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
889,775
557,948
0
169,960
25
Contributions, gifts, grants paid
.......
4,312,500
4,312,500
26
Total expenses and disbursements.
Add lines 24 and 25
5,202,275
557,948
0
4,482,460
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
10,916,161
b
Net investment income
(if negative, enter -0-)
19,186,397
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2021)
Page 2
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
1
Cash—non-interest-bearing
.............
4,907,566
7,647,131
7,647,131
2
Savings and temporary cash investments
.........
3
Accounts receivable
248,550
Less: allowance for doubtful accounts
208,118
248,550
248,550
4
Pledges receivable
Less: allowance for doubtful accounts
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)
4,200,000
Less: allowance for doubtful accounts
0
4,200,000
4,200,000
8
Inventories for sale or use
..............
238,286
238,286
238,286
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
6,009,838
9,193,283
10,612,199
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
16,275,404
23,293,456
27,220,926
14
Land, buildings, and equipment: basis
1,493,591
Less: accumulated depreciation (attach schedule)
1,289,994
2,931,205
203,597
203,597
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
30,570,417
45,024,303
50,370,689
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
3,627,778
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
2,300
23
Total liabilities
(add lines 17 through 22)
.........
2,300
3,627,778
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
43,612
67,612
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
30,524,505
41,328,913
29
Total net assets or fund balances
(see instructions)
.....
30,568,117
41,396,525
30
Total liabilities and net assets/fund balances
(see instructions)
.
30,570,417
45,024,303
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
30,568,117
2
Enter amount from Part I, line 27a
.....................
2
10,916,161
3
Other increases not included in line 2 (itemize)
3
4
Add lines 1, 2, and 3
..........................
4
41,484,278
5
Decreases not included in line 2 (itemize)
5
87,753
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
41,396,525
Form
990-PF
(2021)
Page 3
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
K-1 SHORT TERM CAPITAL GAINS
b
K-1 LONG TERM CAPITAL GAINS
c
K-1 1256 CONTRACTS LT
d
K-1 1256 CONTRACT ST
e
SALE OF LAND
K-1 1231 LOSSES
(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
1,007,701
b
2,187,578
c
24,117
d
16,078
e
14,827,806
13,446
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)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
18,076,726
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
...................
3
Form
990-PF
(2021)
Page 4
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
and enter “N/A" on line 1.
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
266,691
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
266,691
6
Credits/Payments:
a
2021 estimated tax payments and 2020 overpayment credited to 2021
6a
196,790
b
Exempt foreign organizations—tax withheld at source
......
6b
0
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
100,000
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
296,790
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
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
30,099
11
Enter the amount of line 10 to be:
Credited to 2022 estimated tax
30,099
Refunded
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.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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
Yes
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
Yes
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)
DC
,
VA
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
No
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
If "Yes," complete Part XIII
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
Form
990-PF
(2021)
Page 5
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 address
14
The books are in care of
JOSHUA BERNSTEIN
Telephone no.
(202) 363-6301
Located at
5301 WISCONSIN AVENUE NW SUITE 500
WASHINGTON
DC
ZIP+4
20015
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over
Yes
No
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
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
Organizations relying on a current notice regarding disaster assistance check here
........
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 (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2021?
....................
2a
No
If "Yes," list the years
20
,
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
No
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
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
Yes
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
No
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)
Page 6
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
Organizations relying on a current notice regarding disaster assistance check
.........
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
Norman Bernstein
Director
0
0
0
0
5301 Wisconsin Avenue NW Suite 6
Washington
,
DC
20015
Diane Bernstein
President Emeritus
0
0
0
0
5301 Wisconsin Avenue NW Suite 6
Washington
,
DC
20015
Susan Amy Bernstein
Director
0
0
0
0
21 Alpine Street
Cambridge
,
MA
02138
Elizabeth B Norton
Vice President
0
0
0
0
3725 Harrison Street
Washington
,
DC
20015
Joshua Benjamin Bernstein
Chairman
0
0
0
0
5301 Wisconsin Avenue NW Suite 6
Washington
,
DC
20015
Kelly Lynch
Executive Director & Treasurer
0
203,189
0
0
3617 Fessenden Street NW
Washington
,
DC
20008
Celia Ellen Bernstein
Director
0
0
0
0
513 Almar Avenue
Pacific Palisades
,
CA
90272
Marianne Bernstein Kalb
Director
0
0
0
0
62 Livingston Street
New Haven
,
CT
06511
Nancy Bernstein Schoen
Director
0
0
0
0
1425 Wightman Street
Pittsburgh
,
PA
15217
Robert Schoen
Director
0
0
0
0
1425 Wightman Street
Pittsburgh
,
PA
15217
Robert Kalb
Director
0
0
0
0
62 Livingston Street
New Haven
,
CT
06511
Lisa Bernstein
Director
0
0
0
0
5301 Wisconsin Avenue NW Suite 6
Washington
,
DC
20015
Robert Norton
Director
0
0
0
0
3725 Harrison Street
Washington
,
DC
20015
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
Total
number of other employees paid over $50,000
...................
Form
990-PF
(2021)
Page 7
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
Total
number of others receiving over $50,000 for professional services
.............
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
N/A
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
Form
990-PF
(2021)
Page 8
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
9,051,025
b
Average of monthly cash balances
.......................
1b
6,277,349
c
Fair market value of all other assets (see instructions)
................
1c
35,286,440
d
Total
(add lines 1a, b, and c)
.........................
1d
50,614,814
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
2
Acquisition indebtedness applicable to line 1 assets
..................
2
0
3
Subtract line 2 from line 1d
.........................
3
50,614,814
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions)
.............................
4
759,222
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3.
............
5
49,855,592
6
Minimum investment return.
Enter 5% (0.05) of line 5
................
6
2,492,780
Part X
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part IX, line 6
..................
1
2,492,780
2a
Tax on investment income for 2021 from Part V, line 5
.......
2a
266,691
b
Income tax for 2021. (This does not include the tax from Part V.)
...
2b
c
Add lines 2a and 2b
............................
2c
266,691
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
2,226,089
4
Recoveries of amounts treated as qualifying distributions
................
4
5
Add lines 3 and 4
............................
5
2,226,089
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
2,226,089
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
4,482,460
b
Program-related investments—total from Part VIII-B
..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
0
b
Cash distribution test (attach the required schedule)
.................
3b
0
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part XII, line 4.
4
4,482,460
Form
990-PF
(2021)
Page 9
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
2,226,089
2
Undistributed income, if any, as of the end of 2021:
a
Enter amount for 2020 only
.......
0
b
Total for prior years:
2019
,
2018
,
2017
0
3
Excess distributions carryover, if any, to 2021:
a
From 2016
......
0
b
From 2017
......
0
c
From 2018
......
0
d
From 2019
......
178,954
e
From 2020
......
0
f
Total
of lines 3a through e
........
178,954
4
Qualifying distributions for 2021 from Part
XI, line 4:
$
4,482,460
a
Applied to 2020, but not more than line 2a
0
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
.....
2,226,089
e
Remaining amount distributed out of corpus
2,256,371
5
Excess distributions carryover applied to 2021.
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
2,435,325
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
......
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)
.......
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
......
2,435,325
10
Analysis of line 9:
a
Excess from 2017
....
0
b
Excess from 2018
....
0
c
Excess from 2019
....
178,954
d
Excess from 2020
....
0
e
Excess from 2021
....
2,256,371
Form
990-PF
(2021)
Page 10
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
......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX 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.)
1
Information Regarding Foundation Managers:
a
List 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).)
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(2021)
Page 11
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)
a
Paid during the year
American Friends of the Umm El-Fahem Museum of Con
7 Times Square 40th Floor
New York
,
NY
10036
Charitable
20,000
American Jewish Joint Distribution Committee
711 Third Avenue
New York
,
NY
10017
Charitable
25,000
Bend the Arc
330 Seventh Ave Suite 1900
New York
,
NY
10001
Charitable
125,000
Building Bridges Across the River TheARC
1901 Mississippi Ave SE
Washington
,
DC
20020
Charitable
25,000
Centro Nia
1420 Columbia Rd NW
Washington
,
DC
20009
Charitable
25,000
Capital Area Food Bank
4900 Puerto Rico Avenue NE
Washington
,
DC
20017
Charitable
30,000
Children's Law Center
616 H St NW 300
Washington
,
DC
20001
Charitable
30,000
Community Foundation
1325 G Steet NW Suite 480
Washington
,
DC
20005
Charitable
85,000
DC Fiscal Policy Institute
820 First Street NE Suite 750
Washington
,
DC
20002
Charitable
10,000
Dreaming Out Loud Inc
80 M Street SE
Washington
,
DC
20003
Charitable
25,000
Jewish Funders Network
150 W 30th Street Suite 900
New York
,
NY
10001
Charitable
60,000
Jubilee Housing
1640 columbia Rd NW
Washington
,
DC
20009
Charitable
25,000
Martha's Table
2114 14th Street NW
Washington
,
DC
20009
Charitable
30,000
Medstar Georgetown University Hospital
3800 Reservoir Road NW
Washington
,
DC
20007
Charitable
25,000
New Israel Fund
1101 14th Street NW
Washington
,
DC
20001
Charitable
30,000
Planned Parenthood of Metropolitan Washington DC
1225 4th Street NE
Washington
,
DC
20002
Charitable
25,000
Tzedek DC
4340 Connecticut Ave NW
Washington
,
DC
20008
Charitable
25,000
Whitman-Walker Health
1342 Florida Avenue NW
Washington
,
DC
20009
Charitable
25,000
DC Policy Center
1310 L Street NW Ste 325
Washington
,
DC
200054383
Charitable
20,000
Kennedy Center For The Performing Arts
2700 F Street NW
Washington
,
DC
20566
Charitable
100,000
Local Initiatives Support Corp
1825 K Street Suite 1100
Washington
,
DC
20006
Charitable
25,000
Miriam's Kitchen
2401 Virginia Avenue NW
Washington
,
DC
20037
Charitable
25,000
Northern Israel Center for Arts & Technology
The Jewish Comm Foundation of Grtr
Pittsburgh
,
PW
15213
Charitable
25,000
Platform of Hope
1640 Columbia Rd NW
Washington
,
DC
20009
Charitable
25,000
Adas Israel Congregation
2850 Quebec St NW
Washington
,
DC
20008
Charitable
15,000
Anacostia Park Friends Group
600 Pennsylvania Avenue SE
Washington
,
DC
20003
Charitable
25,000
Anti-Defamation League
605 Third Avenue
New York
,
NY
10158
Charitable
20,000
Arena Stage
1101 Sixth Street SW
Washington
,
DC
20024
Charitable
200,000
Atlas Performing Arts Center
1333 H St NE
Washington
,
DC
20002
Charitable
20,000
Bread for the City Inc
1700 Good Hope Road SE
Washington
,
DC
20020
Charitable
80,000
Bright Beginnings Inc
128 M St NW
Washington
,
DC
20001
Charitable
25,000
Buzzards Bay Coalition
114 Front Street
New Bedford
,
MA
02740
Charitable
20,000
Capital Camps
11300 Rockville Pike
Suite 407
Rockville
,
MD
20852
Charitable
25,000
Charles E Smith Jewish Day School
1901 E Jefferson Street
Rockville
,
MD
20852
Charitable
10,000
Charles E Smith Life Communities
6121 Montrose Road
North Bethesda
,
MD
20852
Charitable
25,000
Children's National Medical Center
111 Michigan Ave NW
Washington
,
DC
20010
Charitable
50,000
China-US Womens Foundation
230 Riverside Dr
Apt 6a
New York
,
NY
10025
Charitable
15,000
Clean Water Fund
1444 I Street NW
Suite 400
Washington
,
DC
20005
Charitable
20,000
Community of Hope
4 Atlantic Street SW
Washington
,
DC
20032
Charitable
25,000
DC Central Kitchen Inc
452 2nd Street NW
Washington
,
DC
20001
Charitable
100,000
DC Greens Inc
810 7th Street NE
Washington
,
DC
20002
Charitable
50,000
DC Jewish Community Center
1529 16th Street NW
Washington
,
DC
20036
Charitable
30,000
Doctors Without Borders USA Inc
40 Rector Street
16th Floor
New York
,
NY
10006
Charitable
10,000
Eastern Massachusetts Abortion Fund
955 Massachusetts Ave 427
Cambridge
,
MA
02139
Charitable
10,000
Educare
33 West Monroe Street Suite 1200
Chicago
,
IL
60603
Charitable
30,000
Furnish Hope DC
1516 Good Hope Rd SE
Washington
,
DC
20020
Charitable
5,000
Hirshhorn Museum and Sculpture Garden
Independence Ave and 7th Street
Washington
,
DC
20560
Charitable
100,000
Jewish Federation of Greater Washington
6101 Executive Blvd 100
North Bethesda
,
MD
20852
Charitable
1,150,000
Jewish Foundation for Group Homes
1500 E Jefferson St
Rockville
,
MD
20852
Charitable
25,000
Jewish Social Service Agency
200 Wood Hill Road
Rockville
,
MD
20850
Charitable
35,000
J Street Education Fund
PO Box 66073
Washington
,
DC
20035
Charitable
50,000
Join for Justice Inc
PO Box 51248
Boston
,
MA
02205
Charitable
50,000
Jubilee Jumpstart
2525 Ontario Road NW
B
Washington
,
DC
20009
Charitable
25,000
Life Pieces to Masterpieces
5600 Eads St NE
Washington
,
DC
20019
Charitable
5,000
Marine Biological Lab Annual Fund
7 MBL Street
Woods Hole
,
MA
02543
Charitable
100,000
Mary's Center
2333 Ontario Road NW
Washington
,
DC
20009
Charitable
50,000
N Street Village
1333 N Street NW
Washington
,
DC
20005
Charitable
25,000
Omdim Beyachad - Standing Together
9977 Upper Galillee
Qiryat Shemona
1220800
IS
Charitable
20,000
PEF Israel Endowment Funds
630 3rd Ave 15th
New York
,
NY
10017
Charitable
65,000
Quissett Harbor Preservation Trust
PO Box 391
Falmouth
,
MA
02541
Charitable
35,000
Reach Inc
344 Church Ave SW
Roanoke
,
VA
24016
Charitable
25,000
Reentry Collective Impact Project
615 Willow Ave
Ithaca
,
NY
14850
Charitable
30,000
Sidwell Friends School
3825 Wisconsin Ave
Washington
,
DC
20016
Charitable
160,000
Sisters PGH
2014 Monongahela Avenue
Swissvale
,
PA
15218
Charitable
3,000
Sitar Arts Center
1700 Kalorama Rd NW 101
Washington
,
DC
20009
Charitable
25,000
Sixth & I Historic Synagogue
600 I Street NW
Washington
,
DC
20001
Charitable
50,000
Social Good Fund
PO Box 5473
Richmond
,
CA
94805
Charitable
50,000
Take Action Mon Valley
PO Box 3282
McKeesport
,
PA
15134
Charitable
12,000
The 300 Committee Land Trust
157 Locust Street
Falmouth
,
MA
02540
Charitable
10,000
The Ciesla Foundation
5005 Linnean Ave NW
Washington
,
DC
20008
Charitable
25,000
The Nature Conservancy
4245 North Fairfax Drive
Suite 100
Arlington
,
VA
22203
Charitable
50,000
Urban Alliance
2030 Q Street NW
Washington
,
DC
20009
Charitable
90,000
Urban Teachers
8 Market Place
Suite 410
Baltimore
,
MD
21202
Charitable
100,000
Voices for a Second Chance
1422 Massachusetts Ave SE
Washington
,
DC
20003
Charitable
10,000
WAMU 885 - American University Radio
PO Box 98101
Washington
,
DC
20090
Charitable
25,000
Washington Housing Conservancy
1310 L Street NW Suite 325
Washington
,
DC
20005
Charitable
100,000
Washington Regional Association of Grantmakers
1100 New Jersey Ave SE
Suite 710
Washington
,
DC
20003
Charitable
25,000
WETA
3939 Campbell Avenue
Arlington
,
VA
22206
Charitable
25,000
Wooly Mammoth Theater Company
641 D St NW
Washington
,
DC
20004
Charitable
25,000
Zero to Three
2445 M St NW
Washington
,
DC
20037
Charitable
20,000
Other Miscellaneous
5301 Wisconsin Avenue NW
Washington
,
DC
20015
Charitable
42,500
Total
.................................
3a
4,312,500
b
Approved for future payment
Total
.................................
3b
Form
990-PF
(2021)
Page 12
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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
14
1,012,758
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
35,413
4
Dividends and interest from securities
....
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
531390
54,513
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
14,448,948
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)
..
54,513
16,063,723
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
16,118,236
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
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)
Page 13
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?
...........
Yes
No
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.
2022-11-15
May the IRS discuss this return
with the preparer shown below?
See instructions.
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Marc Berger
Preparer's Signature
Date
Check if self-
employed
PTIN
P01871563
Firm's name
BDO USA LLP
Firm's EIN
Firm's address
8401 GREENSBORO DRIVE 800
MCLEAN
,
VA
22102
Phone no.
(703) 893-0600
Form
990-PF
(2021)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description