2022-09-29T07:49:46-05:00 2020-12-31 New York-Hurricane Ida Foundation Source One Hollow Ln Ste 212 Lake Success NY 11042 990PF 2020-01-01 843236384 Zain Jaffer Foundation % Foundation Source ZAIN 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Zain Jaffer President 8008391754 2022-09-20 true Zain Jaffer 999009999 Jeffrey D Haskell P01345770 8008391754 2020 2022-09-23 18:48:47Z X 1056175 X 0 X 2760 2760 8349 8349 -7059 166910 0 4050 11109 0 2387 2387 441 435 13604 102 13502 16432 2924 13502 7500 7500 23932 2924 21002 -19882 8185 1000275 358005 358005 58132 60246 396897 463702 36559 38450 130800 135772 1000275 980393 1056175 0 0 X 1000275 980393 1000275 980393 1000275 980393 1000275 -19882 980393 980393 Publicly-traded Securities 166910 173969 -7059 -7059 -7059 114 114 114 0 120 120 6 6 false false false false false false false true true DE true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Zainali Jaffer Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Sec, Treas 1.0 0 0 0 445421 437656 125756 1008833 0 1008833 15132 993701 49685 49685 114 114 49571 49571 49571 21002 0 0 0 0 21002 0 21002 49571 1664 2018 2017 2016 21002 1664 19338 0 0 30233 0 0 Zainali Jaffer X CARE FOR HUMANITY 4631 BERWYN LN MACUNGIE PA 18062 N/A PC building Fund for 3 wells in Africa via Clear Water- Africa project 7500 7500 14 2760 14 8349 18 -7059 4050 4050 false false false false false false false false false false BANK AMER CORP MTN - 2.884% - 2103 2196 CITIGROUP INC NOTE - 3.668% - 3252 3413 COMCAST CORP NOTE - 4.150% - 1 3427 3611 CVS CAREMARK CORP NOTE - 4.300 3467 3570 ENTERPRISE PRODUCTS OPERTATING 2363 2520 GE CAP CORP NTS - 5.875% - 01/ 2553 2708 GOLDMAN SACHS - 3.800% - 03/15 2297 2352 JP MORGAN CHASE BANK - 4.203% 4530 4766 MICROSOFT CORP - 4.250% - 02/0 3798 4242 SHELL INT'L FINANCE - 2.875% - 3156 3318 VERIZON COMMUNICATIONS INC - 4 2376 2357 WELLS FARGO &CO MTN - 3.584% - 3237 3397 ABBVIE INC 3349 3750 AGCO CP 3907 5567 ALCON INC 3667 4025 AMAZON COM 8111 13028 AMERIPRISE FINANCIAL INC 4288 5247 APTIV PLC 4269 8729 ASHTEAD GROUP PLC 3264 4548 BIO RAD LABS INC CL A 4061 6412 BIOMARIN PHARMACEUTICAL INC 2194 2543 BRAMBLES LTD UNSP AD 3768 3699 BT GROUP PLC 3808 4666 CADENCE DESIGN SYSTEMS INC 4456 4639 CIENA CORP 3572 3700 CONTL AG SPONS ADR 4732 6268 COSTCO WHOLESALE CORPORATION 4239 5275 ECOLAB INC 6298 6707 ELECTRONIC ARTS 3409 4595 ELI LILLY & CO 1853 2195 EQUINOR ASA 4910 4630 ERSTE GROUP BANK AG 3370 3975 GENMAB A/S SPON 2722 4757 H LUNDBECK A/S UNSPON ADR 3048 2450 HENKEL & KGAA PREF SHS 3021 3268 HESS CORP 3723 3537 HILL-ROM HOLDINGS, INC 2085 1763 HOYA CORP SPONS ADR 2898 3331 INGERSOLL-RAND INC 3359 5012 KBC GROUP SA/NV SHS 3788 3644 KEYSIGHT TECHNOLOGIES INC 5183 6340 KONINKLIJKE AHOLD DELHAIZE NV 3709 4319 LABORATORY CORP AMER HLDGS 1456 1628 LAIDLAW INTL 2741 2451 LINDE PLC COM 6278 7642 LOWES COMPANIES INC 3136 5778 LYFT INC 1636 3046 MARSH AND MCLENNAN COMPANIES I 5185 5265 MEDIA GENERAL CL A 2881 3034 MEDTRONIC PLC 3316 3397 MICRON TECHNOLOGY 3928 5338 MICROSOFT CORP 9711 12233 MIRATI THERAPEUTICS INC 830 2196 MONDI PLC 2299 2609 MSA SAFETY INCORPORATED 3536 4183 NASPERS LTD N SPONS ADR 2659 3089 NATIONAL INSTRUMENTS CORPORATI 3606 3691 NESTE ORD SHS 3672 6950 NINTENDO CO LTD ADR UNSPON 2496 4348 NIPPON TELEGRAPH & TELEPHONE C 2342 2339 NXP SEMICONDUCTORS 2957 3657 ORIX CORP ADS 3358 3480 PING AN INSURANCE GROUP ADR 4298 4508 PROCTER GAMBLE CO 3295 3618 PROSUS NV ADR 2402 3405 PRYSMIAN SPA 3587 5189 PT BK MANDIR PRS UNSP/ADR 5120 4753 PTC INC 2814 4067 SAGE GROUP PLC 5562 4463 SONY CORP ADR 6071 8492 SOUTHWEST AIRLINES 4893 6852 SPECTRIS PLC 4150 4262 T. ROWE PRICE GROUP 5750 6358 TAKEDA PHARMACEUTICAL COMPANY 5589 5078 TECHNOPRO HOLDINGS 5 SPONSORED 2534 3323 TJX COMPANIES INC 6911 7648 TRIMBLE NAV LTD 1983 4273 TWITTER INC 3697 5957 UNILEVER PLC AMER 4943 5070 UNITEDHEALTH GROUP INC 5923 7364 UNIVERSAL DISPLAY CORP 1726 2528 VAIL RESORTS INC 3872 5579 VISA INC 4880 5250 VMWARE INC 3370 3366 WELLS FARGO & CO 5310 4799 WESTERN ASSET SMASH SERIES C F 23887 24819 WESTERN ASSET SMASH SERIES EC 48003 50035 WESTERN ASSET SMASH SERIES M F 32858 33922 WESTERN DIGITAL CORP 4182 3545 ZURICH INS GROU ADR 6203 6206 58132 60246 THE NOMAD MBA LIMITED (UPRISE 130800 135772 Administrative Fees 7857 7857 Administrative Set-Up Fee 4400 4400 Bank Charges 102 102 Delaware Incorporation Fees 500 500 IRS Application Fees 600 600 Postage/Delivery Service 120 120 State or Local Filing Fees 25 25 Investment Management Services 2387 2387 Zain Jaffer Foundation (EIN: 84-3236384) respectfully requests abatement of any penalties for late filing of Form 990-PF for taxable year ending December 31, 2020 because the delay was inadvertent, unintended, and due to reasonable causes. Treasury Regulations Section 301.6651-1(c)(1) defines reasonable cause by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to prepare its Form 990-PF for tax period ending 12/31/2020. The Foundation's 2020 Form 990-PF was was originally mailed to the IRS, but was returned along with a notice instructing the Foundation to submit the return electronically. The Foundation's administrator advised the Foundation to submit the return for paper filing initially because at the time the return was filed, the foundation's exempt application was still pending and the IRS does not have the capability to accept e-filed returns for exempt organizations where tax exempt status is still pending. The foundation's administrator is now submitting the return via e-file, and the delay in filing Form 990-PF for the taxable year ending 2020 is no fault or willful neglect of the foundation. According to the standards set forth in Rev. Proc. 92-85, we believe the Foundation's actions were reasonable and in good faith. These administrative actions were in no way an intentional disregard of the IRS rules and therefore entitled to abatement of any penalty. The organization acted in good faith in complying with the filing deadline and in rectifying the situation as soon as it was known. Therefore, we again request that no penalty be assessed for late filing. 990-PF Excise Tax for 2019 6 Foreign Tax Paid 435 435