2022-11-16T16:37:13-06:00 2021-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2021-01-01 275486698 Fleetwood Foundation Inc % Gerber/Taylor Capital Adviso FLEE 9015269750 1 COMMERCE SQ S MAIN ST STE 1900 Memphis TN 381035519 charles c gerber secretary 9015269750 2022-11-16 true charles c gerber 999009999 Jeffrey D Haskell P01345770 8008391754 2021 2022-09-23 18:48:47Z X 65112725 X 2000000 1613 1613 6047515 8344594 5736954 608155 529069 8657283 6267636 129459 129459 9904 9904 103800 1014477 967702 51768 1257640 967702 191131 2478333 2478333 3735973 967702 2669464 4921310 5299934 1441528 5355445 5355445 682 682 682 957552 38646284 40610547 59756598 41045364 45966674 65112725 0 0 X 41045364 45966674 41045364 45966674 41045364 45966674 41045364 4921310 45966674 45966674 Publicly-traded Securities 920156 957552 -37396 -37396 Passthrough K1 Capital Gain/(Loss) 3220082 BIF IV NR TH HOLDINGS AIV LP P 2020-01-01 2021-12-31 116620 71433 45187 45187 COMMERCE SQUARE LLC P 2018-12-24 2021-09-27 451556 612002 -160446 -160446 COMMERCE SQUARE LONG ONLY LLC P 2018-12-21 2021-12-07 823076 822433 643 643 GT EMERGING MARKETS LP P 2017-12-30 2021-12-30 1192451 886729 305722 305722 GT ILS FUND, LP P 2017-05-26 2021-11-05 48735 49763 -1028 -1028 GT OFFSHORE FUND, LTD - CLASS A P 2012-02-02 2021-03-01 275000 162551 112449 112449 GT OFFSHORE FUND, LTD - CLASS A P 2012-02-02 2021-05-02 75000 43431 31569 31569 GT OFFSHORE FUND, LTD - CLASS A P 2012-02-02 2021-07-31 86000 48257 37743 37743 GT OFFSHORE FUND, LTD - CLASS A P 2012-02-02 2021-08-31 345000 193028 151972 151972 GT OFFSHORE FUND, LTD - CLASS A P 2012-02-02 2021-09-30 80000 44758 35242 35242 GT OFFSHORE FUND, LTD - CLASS A P 2012-02-02 2021-12-31 75000 39849 35151 35151 GT OFFSHORE FUND, LTD - CLASS B P 2012-02-02 2021-01-04 2850000 1396238 1453762 1453762 GT OFFSHORE FUND, LTD - CLASS B P 2012-02-02 2021-03-01 275000 135905 139095 139095 GT OFFSHORE FUND, LTD - CLASS B P 2012-04-01 2021-05-02 75000 36853 38147 38147 GT OFFSHORE FUND, LTD - CLASS B P 2012-04-01 2021-07-31 86000 43356 42644 42644 GT OFFSHORE FUND, LTD - CLASS B P 2012-04-01 2021-08-31 345000 173313 171687 171687 GT OFFSHORE FUND, LTD - CLASS B P 2012-04-01 2021-09-30 80000 39017 40983 40983 GT OFFSHORE FUND, LTD - CLASS B P 2012-04-01 2021-11-30 70000 33558 36442 36442 GT OFFSHORE FUND, LTD - CLASS B P 2012-04-01 2021-12-31 75000 37696 37304 37304 5736954 73669 73669 73669 74200 0 74200 X 0 531 531 false false false false false true true false true true TN true false false false false true N/A GerberTaylor Capital Advisors 9015269750 40 South Main Street Suite 1900 Memphis TN 381035519 false false false false true false false false false false false false false false false false false false false false false false Thomas A Beazley 1 COMMERCE SQ S MAIN ST STE 1900 Memphis TN 381035519 Executive Dir 40.0 129459 0 0 Charles C Gerber 1 COMMERCE SQ S MAIN ST STE 1900 Memphis TN 381035519 Dir, Sec 1.0 0 0 0 Margaret L Gerber 1 COMMERCE SQ S MAIN ST STE 1900 Memphis TN 381035519 Dir, Pres 1.0 0 0 0 Foundation Source 55 Walls Drive 3rd Fl FAIRFIELD CT 06824 Administrative 51136 265101 2483093 58895606 61643800 0 61643800 924657 60719143 3035957 3035957 73669 65889 139558 2896399 2896399 2896399 2669464 0 0 0 0 2669464 2896399 2548219 2019 2018 2017 2669464 2548219 121245 0 0 2775154 0 0 Charles C Gerber Margaret L Gerber X CHALKBEAT INC 450 7TH AVE 32ND FL NEW YORK NY 10123 N/A PC General & Unrestricted 75000 CITY YEAR INC 287 COLUMBUS AVE BOSTON MA 02116 N/A PC City Year Memphis with local recruiter 25000 COMMUNITY FOUNDATION OF GREATER MEMPHIS INC PO BOX 1000 DEPT 78 MEMPHIS TN 38148 N/A PC Jack Gerber Fund 20000 COMMUNITY FOUNDATION OF GREATER MEMPHIS INC PO BOX 1000 DEPT 78 MEMPHIS TN 38148 N/A PC Fleetwood Housing Initiative 500000 COMMUNITY FOUNDATION OF GREATER MEMPHIS INC PO BOX 1000 DEPT 78 MEMPHIS TN 38148 N/A PC Fleetwood Fund 400000 INSTRUCTION PARTNERS 604 GALLATIN AVE STE 202 NASHVILLE TN 37206 N/A PC Second year of COVID-19 re-entry 180000 MAN UP TEACHER FELLOWS INC PO BOX 3637 CORDOVA TN 38088 N/A PC Recruit Managing Director 25000 MAN UP TEACHER FELLOWS INC PO BOX 3637 CORDOVA TN 38088 N/A PC General & Unrestricted 150000 NEW MEMPHIS INSTITUTE 22 N FRONT ST STE 500 MEMPHIS TN 38103 N/A PC General & Unrestricted 200000 PORTER-LEATH 3400 PRESCOTT RD MEMPHIS TN 38118 N/A PC Books from Birth 100000 PROMISE ACADEMY 1346 BRYAN ST MEMPHIS TN 38108 N/A PC General & Unrestricted 60000 SLINGSHOT MEMPHIS INC 802 ROZELLE ST MEMPHIS TN 38104 N/A PC General & Unrestricted 650000 TEACH FOR AMERICA INC PO BOX 11649 CHARLOTTE NC 28220 N/A PC General & Unrestricted 33333 THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC 191 PEACHTREE ST NE STE 1000 ATLANTA GA 30303 N/A PC Annie and Paxton Griffin Fund 20000 THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC 191 PEACHTREE ST NE STE 1000 ATLANTA GA 30303 N/A PC Robin and Kyle Collins Fund 20000 THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE INC 3833 CLEGHORN AVE NASHVILLE TN 37215 N/A PC Charlie and Hayley Gerber Advised Fund 20000 2478333 14 1613 525990 310561 18 5736954 K-1 Inc/Loss 525990 30035 14 536282 Federal Tax Refund 01 35814 STATE TAX REFUND 01 6024 340596 6316687 6657283 false false false false false false false false false false X X 1 Gerber Charles C 40 South Main Street Suite 1900 Memphis TN 38103 2000000 X Form 8865 Form 8865 The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information. Form 990-PF Form 990-PF One or more partnerships have provided a Schedule K-3 for the tax year in which they have checked one or more of the boxes in Part I but not provided sufficient back-up information to allow the Foundation to verify why such boxes were checked or the extent to which the checking of such boxes affects any item on this return. The Foundation has prepared this return to the best of its ability and without any foreign filings for such partnerships based on the information provided to it by these partnerships and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information. PART I LINE 6A (990-PF) PART I LINE 6A (990-PF) RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $5,736,954 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $310,561 TOTAL PART I, LINE 6A: $6,047,515 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $920,156 BOOK BASIS: $957,552 NET GAIN/(LOSS): $(37,396) PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $3,220,082 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $116,620 BOOK BASIS: $71,433 NET GAIN/(LOSS): $45,187 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $451,556 BOOK BASIS: $612,002 NET GAIN/(LOSS): $(160,446) SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $823,076 BOOK BASIS: $822,433 NET GAIN/(LOSS): $643 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $1,192,451 BOOK BASIS: $886,729 NET GAIN/(LOSS): $305,722 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $48,735 BOOK BASIS: $49,763 NET GAIN/(LOSS): $(1,028) SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $275,000 BOOK BASIS: $162,551 NET GAIN/(LOSS): $112,449 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $75,000 BOOK BASIS: $43,431 NET GAIN/(LOSS): $31,569 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $86,000 BOOK BASIS: $48,257 NET GAIN/(LOSS): $37,743 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $345,000 BOOK BASIS: $193,028 NET GAIN/(LOSS): $151,972 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $80,000 BOOK BASIS: $44,758 NET GAIN/(LOSS): $35,242 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $75,000 BOOK BASIS: $39,849 NET GAIN/(LOSS): $35,151 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $2,850,000 BOOK BASIS: $1,396,238 NET GAIN/(LOSS): $1,453,762 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $275,000 BOOK BASIS: $135,905 NET GAIN/(LOSS): $139,095 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $75,000 BOOK BASIS: $36,853 NET GAIN/(LOSS): $38,147 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $86,000 BOOK BASIS: $43,356 NET GAIN/(LOSS): $42,644 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $345,000 BOOK BASIS: $173,313 NET GAIN/(LOSS): $171,687 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $80,000 BOOK BASIS: $39,017 NET GAIN/(LOSS): $40,983 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $70,000 BOOK BASIS: $33,558 NET GAIN/(LOSS): $36,442 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $75,000 BOOK BASIS: $37,696 NET GAIN/(LOSS): $37,304 BIF IV AIV II LP 79244 113833 BIF IV AIV LP 34501 43393 BIF IV BRAVO AIV LP 54979 68111 BIF IV BUFFALO NR AIV LP 347130 357040 BIF IV CANADA NR AIV LP 45118 66040 BIF IV JARVIS AIV LP 179676 217717 BIF IV PRC AIV II LP 6492 BIF IV PRC AIV LP 19139 40731 BIF IV TELECOM AIV I LP BIF IV UK AIV LP 78560 65853 BIF IV WESTRAY AIV LP 45821 68235 BRAZIL CLOUD LP 116149 162355 BROOKFIELD INFRASTRUCTURE FUND 515820 510528 GT BIOTECH FUND, LP 2018541 2028529 GT CREDIT OPPORTUNITY FUND LP 430262 459462 GT EMERGING MARKETS QP, L.P 3134567 3894314 GT INTERNATIONAL EQUITY QP FUN 7388298 9514461 GT OFFSHORE FUND, LTD - CLASS 6131966 9746688 GT OFFSHORE FUND, LTD - CLASS 3611194 6127764 GT REAL ASSET FUND II, LP 656710 998352 GT REAL ASSET FUND LP 236002 390029 GT REAL ASSETS III, LP 991034 1517091 GT SPECIAL OPPORTUNITIES III-A 1144737 2212641 GT U.S. FUND, LP 5268210 8903893 HEADLANDS CPTL SECONDARY FD II 287925 478218 INVERGARRY HOLDINGS LP 511162 511162 INVERGARRY SPCL OPPS I LP 499939 499939 ONTARIO III AIV LP 15518 19450 PALLADIAN PARTNERS IX-A LP 2209609 4204272 PALLADIAN PARTNERS VII, LP 482681 993927 PALLADIAN PARTNERS VIII-A, LP 1144631 2421851 RSF VALOR PTNS TAX EXEMPT LP 297792 354471 SSM PARTNERS GROWTH EQUITY III 385896 514349 TIOGA PARTNERS II OFFSHORE LP 1935425 2251899 GT EMERGING MARKETS LP 305819 Administrative Fees 51136 51136 Bank Charges 475 475 K-1 Exp BIF IV AIV II LP 821 821 K-1 Exp BIF IV AIV LP 326 299 K-1 Exp BIF IV BRAVO AIV LP 928 928 K-1 Exp BIF IV BUFFALO NR AIV 3716 2961 K-1 Exp BIF IV CANADA NR AIV L 1949 1949 K-1 Exp BIF IV JARVIS AIV LP 2047 2047 K-1 Exp BIF IV NR TH HOLDINGS 808 632 K-1 Exp BIF IV PRC AIV II LP 59 55 K-1 Exp BIF IV PRC AIV LP 234 219 K-1 Exp BIF IV UK AIV LP 1122 1122 K-1 Exp BIF IV WESTRAY AIV LP 842 764 K-1 Exp BRAZIL CLOUD LP 1585 1585 K-1 Exp BROOKFIELD INFRASTRUCT 30294 30294 K-1 Exp COMMERCE SQUARE LLC 2745 2745 K-1 Exp COMMERCE SQUARE LONG O 5889 5889 K-1 Exp GT BIOTECH FUND, LP 45950 45950 K-1 Exp GT CREDIT OPPORTUNITY 19621 19619 K-1 Exp GT EMERGING MARKETS LP 134271 134271 K-1 Exp GT ILS FUND, LP 144 144 K-1 Exp GT INTERNATIONAL EQUIT 197156 196446 K-1 Exp GT REAL ASSET FUND II, 44738 44627 K-1 Exp GT REAL ASSET FUND LP 19519 19505 K-1 Exp GT REAL ASSETS III, LP 33227 34279 K-1 Exp GT SPECIAL OPPORTUNITI 45015 44057 K-1 Exp GT U.S. FUND, LP 139073 139073 K-1 Exp HEADLANDS CPTL SECONDA 9901 8453 K-1 Exp INVERGARRY HOLDINGS LP 13250 10451 K-1 Exp INVERGARRY SPCL OPPS I 33 33 K-1 Exp ONTARIO III AIV LP 260 227 K-1 Exp PALLADIAN PARTNERS IX- 82415 81937 K-1 Exp PALLADIAN PARTNERS VII 26377 23733 K-1 Exp PALLADIAN PARTNERS VII 54460 68653 K-1 Exp RSF VALOR PTNS TAX EXE 4508 4508 K-1 Exp SSM PARTNERS GROWTH EQ 38951 38951 Postage/Delivery Service 208 208 State or Local Filing Fees 424 424 K-1 Inc/Loss BIF IV AIV II LP 5239 5239 K-1 Inc/Loss BIF IV AIV LP 15975 14642 K-1 Inc/Loss BIF IV BRAVO AIV LP 4831 4831 K-1 Inc/Loss BIF IV BUFFALO NR AIV LP 1682 1358 K-1 Inc/Loss BIF IV CANADA NR AIV LP 5430 5430 K-1 Inc/Loss BIF IV JARVIS AIV LP -1200 -1200 K-1 Inc/Loss BIF IV NR TH HOLDINGS AIV LP 2613 2043 K-1 Inc/Loss BIF IV PRC AIV II LP -1 K-1 Inc/Loss BIF IV PRC AIV LP -703 -657 K-1 Inc/Loss BIF IV UK AIV LP 16357 16357 K-1 Inc/Loss BIF IV WESTRAY AIV LP 618 561 K-1 Inc/Loss BRAZIL CLOUD LP 1 1 K-1 Inc/Loss BROOKFIELD INFRASTRUCTURE FUND IV-C, 23500 23500 K-1 Inc/Loss COMMERCE SQUARE LLC 2521 2521 K-1 Inc/Loss COMMERCE SQUARE LONG ONLY LLC 4326 4326 K-1 Inc/Loss GT BIOTECH FUND, LP 1033 979 K-1 Inc/Loss GT CREDIT OPPORTUNITY FUND LP 16178 24672 K-1 Inc/Loss GT EMERGING MARKETS LP 59700 59700 K-1 Inc/Loss GT INTERNATIONAL EQUITY QP FUND LP 164392 164386 K-1 Inc/Loss GT REAL ASSET FUND II, LP 63952 57596 K-1 Inc/Loss GT REAL ASSET FUND LP 22906 18033 K-1 Inc/Loss GT REAL ASSETS III, LP -99755 -77728 K-1 Inc/Loss GT SPECIAL OPPORTUNITIES III-A LP 45315 45315 K-1 Inc/Loss GT U.S. FUND, LP 49457 59353 K-1 Inc/Loss HEADLANDS CPTL SECONDARY FD III LP (F 3919 3912 K-1 Inc/Loss INVERGARRY HOLDINGS LP 22697 8869 K-1 Inc/Loss ONTARIO III AIV LP 1358 1184 K-1 Inc/Loss PALLADIAN PARTNERS IX-A LP 31160 13460 K-1 Inc/Loss PALLADIAN PARTNERS VII, LP 21827 14730 K-1 Inc/Loss PALLADIAN PARTNERS VIII-A, LP 50336 25003 K-1 Inc/Loss RSF VALOR PTNS TAX EXEMPT LP 30652 30652 K-1 Inc/Loss SSM PARTNERS GROWTH EQUITY III, L.P 1 1 Federal Tax Refund 35814 State Tax Refund 6024 The Foundation's tax preparer is located in Nassau County, NY, which, per IRS release NY-2021-01 announced on September 9, 2021, is included in the list of localities that constitute a covered disaster area for purposes of Treas. Reg. Sec. 301.7508A-1(d)(2) and are entitled to tax relief due to Hurricane Ida. Additional time was needed to calculate and transmit the tax payment. Therefore, Form 2220 indicates that the Q3 or Q4 estimated tax payment made on or before the extended deadline of February 15, 2022 was, in fact, made timely on the original due date of such payment. We respectfully request that no late payment penalties be assessed in connection with such payment(s) per Treas. Reg. Sec. 301.7508A-1(c)(1). 990-PF Estimated Tax for 2021 66100 990-T Income Tax for 2020 28300 State Income Tax 2020 9400