BERN SCHWARTZ FAMILY FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: BERN SCHWARTZ FAMILY FOUNDATION (EIN 47-1141878)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-07-11
IRS object ID: 201921929349101002
Schema version: 2018v3.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Legal Fees Schedule
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-07-11T12:57:12-05:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Foundation Source	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	One Hollow Ln Ste 212	AddressLine1Txt
City	Lake Success	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11042	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2018-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	471141878	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	The Bern Schwartz Family Foundation	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% Foundation Source	InCareOfNm
Business Name Control	BERN	BusinessNameControlTxt
Phone	8008391754	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	Foundation Source 501 Silverside Rd	AddressLine1Txt
City	Wilmington	CityNm
State Abbreviation	DE	StateAbbreviationCd
ZIP	198091377	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MICHAEL L SCHWARTZ	PersonNm
Person Title	Chairman	PersonTitleTxt
Phone	8008391754	PhoneNum
Signature	2019-06-25	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Jeffrey D Haskell	PreparerPersonNm
PTIN	P01345770	PTIN
Phone	8008391754	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	24.187.244.114	IPv4AddressTxt

Field	Value	IRS element (for citing)
Federal Original Submission Id	06391520191925000017	FederalOriginalSubmissionId
Federal Original Submission Id	2019-07-11	FederalOriginalSubmissionIdDt
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	54CCAE8F7BC02385263C2CCCA723B6609AD4C170	AtSubmissionCreationDeviceId
At Submission Filing Device Id	78D185D94E59032E4B5D677F857013E059842DEA	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$22,015,302	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$358,930	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$2,609	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$2,609	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$349,371	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$349,371	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$934,811	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$2,825,112	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$934,811	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$95	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$95	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$1,645,816	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,286,886	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss	$344	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$344	LegalFeesDsbrsChrtblAmt
Other Prof Fees Rev And Expnss	$205,746	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$177,946	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$27,800	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$21,974	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$5,540	TaxesNetInvstIncmAmt
Occupancy Rev And Expnss	$5,056	OccupancyRevAndExpnssAmt
Occupancy Dsbrs Chrtbl	$5,056	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$10,634	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl	$10,634	TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss	$564	PrintingAndPubRevAndExpnssAmt
Printing And Pub Dsbrs Chrtbl	$564	PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss	$79,409	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$521	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$78,888	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$323,727	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$184,007	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$123,286	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,623,167	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,623,167	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,946,894	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$184,007	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$1,746,453	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$301,078	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,102,879	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$301,797	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$401,243	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$401,243	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$3,074,636	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$3,111,619	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$3,072,452	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$5,693,461	CorporateStockBOYAmt
Corporate Stock EOY	$5,585,521	CorporateStockEOYAmt
Corporate Stock EOYFMV	$14,233,342	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$3,110,306	CorporateBondsBOYAmt
Corporate Bonds EOY	$2,780,739	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$2,732,894	CorporateBondsEOYFMVAmt
Other Assets BOY	$1,041,427	OtherAssetsBOYAmt
Other Assets EOY	$1,041,427	OtherAssetsEOYAmt
Other Assets EOYFMV	$1,575,371	OtherAssetsEOYFMVAmt
Total Assets BOY	$13,221,627	TotalAssetsBOYAmt
Total Assets EOY	$12,920,549	TotalAssetsEOYAmt
Total Assets EOYFMV	$22,015,302	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Retained Earning BOY	$13,221,627	RetainedEarningBOYAmt
Retained Earning EOY	$12,920,549	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$13,221,627	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$12,920,549	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$13,221,627	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$12,920,549	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$13,221,627	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$301,078	ExcessRevenueOverExpensesAmt
Subtotal	$12,920,549	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$12,920,549	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Field	Value	IRS element (for citing)
Property	Publicly-traded Securities	PropertyDesc
Gross Sales Price	$2,825,112	GrossSalesPriceAmt
Cost Or Other Basis	$1,890,301	CostOrOtherBasisAmt
Gain Or Loss	$934,811	GainOrLossAmt
Gains Minus Excess Or Losses	$934,811	GainsMinusExcessOrLossesAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	$934,811	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$1,829,677	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$21,806,206	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.083906	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$1,359,733	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$20,496,575	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.06634	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$1,298,822	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$21,496,584	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.06042	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$395,154	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$21,461,832	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.018412	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$1,355,316	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$19,932,887	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.067994	DistributionYr5Rt
Total Distribution	0.297072	TotalDistributionRt
Average Distribution	0.059414	AverageDistributionRt
Net Vl Noncharitable Assets	$21,752,023	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$1,292,375	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$11,029	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$1,303,404	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$1,746,453	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$11,029	InvestmentIncomeExciseTaxAmt
Subtotal	$11,029	SubtotalAmt
Tax Based On Investment Income	$11,029	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$22,939	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$548	ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits	$23,487	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Overpayment	$12,458	OverpaymentAmt
Applied To ES Tax	$12,458	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
Org Report Or Register State	DE	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	Yes (true)	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	Foundation Source	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8008391754	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	501 Silverside Road Suite 123	AddressLine1Txt
City	Wilmington	CityNm
State Abbreviation	DE	StateAbbreviationCd
ZIP	198091377	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	Yes (true)	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (true)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
Fred W Concklin
Foundation Source 501 Silverside Rd	Wilmington	DE	198091377	Dir, VP, Treas	1.0	$0	$0	$0
Tilda R Orr
Foundation Source 501 Silverside Rd	Wilmington	DE	198091377	Dir, Sec	1.0	$0	$0	$0
Eric A Schwartz
Foundation Source 501 Silverside Rd	Wilmington	DE	198091377	Dir, Pres	1.0	$0	$0	$0
Michael L Schwartz
Foundation Source 501 Silverside Rd	Wilmington	DE	198091377	Dir, Chairman, Grant Evaluator	5.0	$0	$0	$0

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
Gardner Russo & Gardner LLC
223 East Chestnut Street	Lancaster	PA	176022705	Investment mgmt	$162,008
Foundation Source
55 Walls Drive 3rd fl	Fairfield	CT	06824	Administrative	$57,038

Field	Value	IRS element (for citing)
Summary Of Direct Chrtbl Acty		SummaryOfDirectChrtblActyGrp
Sum Of Program Related Invst		SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$21,798,899	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$284,373	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$22,083,272	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$22,083,272	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$331,249	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$21,752,023	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,087,601	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,087,601	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$11,029	TaxBasedOnInvestmentIncomeAmt
Total Tax	$11,029	TotalTaxAmt
Distributable Before Adj	$1,076,572	DistributableBeforeAdjAmt
Distributable Before Ded	$1,076,572	DistributableBeforeDedAmt
Distributable As Adjusted	$1,076,572	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,746,453	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$1,746,453	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$11,029	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$1,735,424	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,076,572	DistributableAsAdjustedAmt
Prior Year1	2016	PriorYear1Yr
Prior Year2	2015	PriorYear2Yr
Prior Year3	2014	PriorYear3Yr
Excess Distribution Cyov Yr3	$118,669	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$355,690	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$749,342	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$1,223,701	TotalExcessDistributionCyovAmt
Qualifying Distributions	$1,746,453	QualifyingDistributionsAmt
Applied To Current Year	$1,076,572	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$669,881	RemainingDistriFromCorpusAmt
Total Corpus	$1,893,582	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$1,893,582	ExcessDistriCyovToNextYrAmt
Excess From Year3	$118,669	ExcessFromYear3Amt
Excess From Year2	$355,690	ExcessFromYear2Amt
Excess From Year1	$749,342	ExcessFromYear1Amt
Excess From Current Year	$669,881	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	Eric A Schwartz	ContributingManagerNm
Contributing Manager	Michael L Schwartz	ContributingManagerNm
Contributing Manager	Tilda R Orr	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
ALLIANCE FOR SCHOOL CHOICE INC
1020 19TH ST NW STE 675	WASHINGTON	DC	20036	N/A	PC	General & Unrestricted	$100,000
AMERICAN FRIENDS OF THE NATIONAL PORTRAIT GALLERY
275 MADISON AVE 6TH FL	NEW YORK	NY	10016	N/A	PC	General & Unrestricted	$50,000
AMERICAN FRIENDS OF THE VICTORIA AND ALBERT MUSEUM
61 LONDONDERRY DR	GREENWICH	CT	06830	N/A	PC	General & Unrestricted	$17,000
AMERICAN FRIENDS OF THE VICTORIA AND ALBERT MUSEUM
61 LONDONDERRY DR	GREENWICH	CT	06830	N/A	PC	American Friends of the Victoria and Albert Museum, Inc.	$332,500
AMERICAN FRIENDS OF THE VICTORIA AND ALBERT MUSEUM
61 LONDONDERRY DR	GREENWICH	CT	06830	N/A	PC	American Friends of the Victoria and Albert Museum, Inc.	$338,000
ARMAND HAMMER UNITED WORLD COLLEGE OF THE AMERICAN
PO BOX 248	MONTEZUMA	NM	87731	N/A	PC	Mountbatten Prize	$10,000
BRYN MAWR COLLEGE
101 N MERION AVE	BRYN MAWR	PA	19010	N/A	PC	The Rosalyn Schwartz Endowed Lectureship Fund	$125,000
HOOVER INSTITUTION -STANFORD UNIVERSITY
434 GALVEZ MALL STANFORD UNIVERSI	STANFORD	CA	94305	N/A	PC	education reform studies	$25,000
INTERNATIONAL CENTER OF PHOTOGRAPHY
1114 AVE OF THE AMERICAS	NEW YORK	NY	10036	N/A	PC	lecture/talks and general purposes	$20,000
JERUSALEM FOUNDATION INC
420 LEXINGTON AVE STE 1645	NEW YORK	NY	10170	N/A	PC	general operating support for the Musrara The Naggar School of Photography, Media and New Music in Jerusalem, Israel	$25,000
MARC LUSTGARTEN PANCREATIC CANCER FOUNDATION
415 CROSSWAYS PARK DR STE D	WOODBURY	NY	11797	N/A	PC	Support scientific research	$50,000
MUSEUM OF PHOTOGRAPHIC ARTS
1649 EL PRADO	SAN DIEGO	CA	92101	N/A	PC	General & Unrestricted	$10,000
MUSEUM OF PHOTOGRAPHIC ARTS
1649 EL PRADO	SAN DIEGO	CA	92101	N/A	PC	Irving Penn: Beyond Beauty Exhibition	$15,000
NATIONAL DANCE INSTITUTE INC
217 W 147TH ST	NEW YORK	NY	10039	N/A	PC	General & Unrestricted	$12,500
PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY
101 MONTGOMERY ST STE 1300	SAN FRANCISCO	CA	94104	N/A	PC	Education Studies Program	$37,500
PANCREATIC CANCER ACTION NETWORK INC
1500 ROSECRANS AVE STE 200	MANHATTAN BCH	CA	90266	N/A	PC	General & Unrestricted	$50,000
POMFRET SCHOOL INCORPORATED
PO BOX 128	POMFRET	CT	06258	N/A	PC	Schwartz Visiting Fellow Program	$14,000
SCHWAB CHARITABLE FUND
211 MAIN ST	SAN FRANCISCO	CA	94105	N/A	PC	Fred and Deborah Concklin Charitable Fund	$15,000
SCRIPPS HEALTH
PO BOX 2669	LA JOLLA	CA	92038	N/A	PC	Bernard Lee Schwartz Lecture at the 2019 Clinical Hematology & Oncology Conference	$10,000
THE BASIC FUND
1301 CLAY ST 70450	OAKLAND	CA	94612	N/A	PC	2018 Scholarship fund	$50,000
THE BASIC FUND
1301 CLAY ST 70450	OAKLAND	CA	94612	N/A	PC	2017 Scholarship fund	$50,000
THE BASIC FUND
1301 CLAY ST 70450	OAKLAND	CA	94612	N/A	PC	2016 Scholarship fund	$50,000
UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION
PO BOX 45339	SAN FRANCISCO	CA	94145	N/A	PC	to support research purposes of the Pancreas Center	$166,667
XIMED DIGESTIVE DISEASE RESEARCH CENTER
7337 ENCELIA DR	LA JOLLA	CA	92037	N/A	PC	General & Unrestricted	$50,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,623,167	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$2,609	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$349,371	ExclusionAmt

Field	Value	IRS element (for citing)
Net Rntl Incm Re Debt Fincd Prop		NetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Income Personal Prop		NetRentalIncomePersonalPropGrp
Other Investment Incm Part VII		OtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$934,811	ExclusionAmt

Field	Value	IRS element (for citing)
Net Income Loss From Special Evt		NetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	CLASS ACTION LAWSUIT PROCEEDS	Desc
Exclusion	01	ExclusionCd
Exclusion	$95	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$1,286,886	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,286,886	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	Trust FBO BLS Fd dtd 103012 UTa r	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	1350 Old Bayshore highway suite 800	AddressLine1Txt
City	Burlingame	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94010	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$358,930	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (17 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
AMERICAN EXPRESS CO - 2.700% -	$161,261	$156,060
ANHEUSER BUSCH - 6.875% - 11/1	$119,736	$118,538
AT&T INC BOND - 2.450% - 06/30	$168,468	$167,816
BANK OF MONTREAL - 2.350% - 09	$184,748	$178,710
GE CAPITAL CORP - 1.321% - 04/	$170,000	$154,101
GEN DYNAMICS CP - 3.375% - 05/	$189,270	$191,315
GOLDMAN SACHS - 2.625% - 04/25	$200,045	$194,791
ING GROEP NV - 4.100% - 10/02/	$204,956	$204,876
JPMORGAN CHASE & CO SR NT - 4.	$199,180	$203,605
MORGAN STANLEY - 5.625% - 09/2	$148,890	$147,163
PEPSICO INC - 2.000% - 04/15/2	$159,968	$156,813
SHELL INTERNATIONAL - 2.205% -	$123,500	$123,510
SIMON PPTY GROUP INC - 2.625%	$189,895	$184,813
TARGET CORP - 3.875% - 07/15/2	$100,081	$101,451
VERIZON COMMUNICATIONS - 4.600	$68,045	$67,109
WELLS FARGO CO - 3.500% - 03/0	$187,964	$179,122
WESTPAC BANKING NT - 4.875% -	$204,732	$203,101

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (20 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
ALPHABET INC CL C	$82,993	$75,600
AMERICAN EXPRESS CO	$72,798	$150,129
ANHEUSER BUSCH INBEV SA NV SHS	$751,712	$603,453
BERKSHIRE HATHAWAY INC DEL CL	$366,000	$1,835,999
BERKSHIRE HATHAWAY INC. CLASS	$104,881	$255,225
BROWN FORMAN INC CLASS A	$35,427	$374,618
CIE FINANCIERE RICH	$552,761	$895,068
COMCAST CORP	$36,426	$317,516
DIAGEO PLC	$91,842	$330,111
FOMENTO ECONOMICO MEXICANO	$69,414	$126,924
HEINEKEN HOLDING	$226,801	$1,085,314
JC DECAUX SA.	$222,217	$274,658
MARTIN MARIETTA MATLS INC	$106,883	$365,224
MASTERCARD INC	$215,572	$1,806,324
NESTLE S.A	$479,192	$1,441,088
PERNOD RICARD ORD	$555,214	$1,134,259
SWATCH GRP AKT NEW	$411,945	$439,331
UNILEVER N V N Y	$553,766	$928,050
VISA INC	$146,674	$1,088,505
WELLS FARGO & CO	$503,003	$705,946

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$3,111,619	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$3,072,452	USGovtObligationsEOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	Document Review/Drafting	CategoryTxt
Legal Fees	$344	LegalFeesAmt
Disbursements Charitable Prps	$344	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	PHOTO COLLECTION - B. SCHWARTZ	Desc
EOY Book Value	$1,041,427	EOYBookValueAmt
EOYFMV	$1,575,371	EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt	Net Investment IncomeNetInvestmentIncomeAmt
Administrative Fees	$57,038	$57,038
Bank Charges	$521		$521
Foundation Dues & Memberships	$3,550	$3,550
Indemnification Insurance	$1,525	$1,525
Insurance Premiums	$4,151	$4,151
MOVING EXPENSES	$6,834	$6,834
PHOTOGRAPHY SUPPLIES	$3,358	$3,358
Postage/Delivery Service	$216	$216
State or Local Filing Fees	$185	$185
Storage Fee	$1,500	$1,500
Website Hosting/Support	$531	$531

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	Class Action Lawsuit Proceeds	Desc
Revenue And Expenses Per Books	$95	RevenueAndExpensesPerBooksAmt
Net Investment Income	$95	NetInvestmentIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Investment Management Services	$177,946	$177,946
PHILANTHROPIC CONSULTING SVCS	$26,300		$26,300
MOVING CONSULTING SERVICES	$1,500		$1,500

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
990-PF Estimated Tax for 2018	$15,400
990-PF Extension for 2017	$1,034
Foreign Tax Paid	$5,540	$5,540