2022-10-27T16:18:31-05:00 2021-12-31 FOUNDATION SOURCE ONE HOLLOW LN STE 212 LAKE SUCCESS NY 11042 990PF 2021-01-01 814548446 The Picard Family Foundation % Foundation Source PICA 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 ALEXANDRA PICARD PRESIDENT 8008391754 2022-10-19 true ALEXANDRA PICARD 999009999 Jeffrey D Haskell P01345770 8008391754 2021 2022-09-23 18:48:47Z X 4879334 X 0 X 36 36 81197 81197 504260 1772502 504260 585493 585493 0 75271 75271 8526 2406 21131 835 20296 104928 78512 20296 210000 210000 314928 78512 230296 270565 506981 91872 443660 443660 120194 139187 150737 2668492 2799308 3923202 353452 349472 361735 227052 3461062 3731627 4879334 0 0 X 3461062 3731627 3461062 3731627 3461062 3731627 3461062 270565 3731627 3731627 Publicly-traded Securities 1546408 1041190 505218 505218 A&Q MULTI-STRATEGY FUND P 2021-12-31 226094 227052 -958 -958 504260 7047 7047 7047 5008 0 2200 7208 X 8 153 153 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 Alexandra Picard Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Treas 1.0 0 0 0 Caroline Picard Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Sec 1.0 0 0 0 Peter Picard Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, VP 1.0 0 0 0 UBS Financial Services 1285 AVE OF THE AMERICAS 15-18TH F NEW YORK NY 100196301 Investment MGMT 75271 4288855 271485 226094 4786434 0 4786434 71797 4714637 235732 235732 7047 7047 228685 228685 228685 230296 0 0 0 0 230296 228685 2019 2018 2017 41590 173811 175584 390985 230296 228685 1611 392596 0 392596 41590 173811 175584 1611 Alexandra Picard Caroline Picard Peter Picard X AMERICAN INSTITUTE OF MUSICAL STUDIES 28 E 69TH ST KANSAS CITY MO 64113 N/A PC General & Unrestricted 10000 BEARGRASS WRITERS WORKSHOP PO BOX 7741 MISSOULA MT 59807 N/A PC General & Unrestricted 40000 BOYS AND GIRLS CLUBS OF KING COUNTY 603 STEWART ST SUITE 300 SEATTLE WA 98101 N/A PC General & Unrestricted 5000 GROTON SCHOOL 282 FARMERS ROW GROTON MA 01450 N/A PC General & Unrestricted 2500 GROTON SCHOOL 282 FARMERS ROW GROTON MA 01450 N/A PC Financial Aid/GRAIN 2.0 FUND 5000 NISHIMACHI FOUNDATION THE CORPTRUSTCOMPANY 1209 ORANGE ST WILMINGTON DE 19801 N/A PC General & Unrestricted 50000 NORTHWEST SYMPHONY ORCHESTRA PO BOX 16231 SEATTLE WA 98116 N/A PC General & Unrestricted 9500 ODEA HIGH SCHOOL 802 TERRY AVE SEATTLE WA 98104 N/A PC General & Unrestricted 10500 PIVOT FOR HUMANITY INC 189 ROWAYTON AVE NORWALK CT 06853 N/A PC General & Unrestricted 37500 ROCKHOUSE FOUNDATION 2 CORNELIA ST STE 12C NEW YORK NY 10014 N/A PC General & Unrestricted 27500 THE HEALING CENTER PO BOX 22004 SEATTLE WA 98122 N/A PC General & Unrestricted 5000 THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC 383 MAIN AVE 5TH FL NORWALK CT 06851 N/A PC General & Unrestricted 7500 210000 14 36 14 81197 18 504260 585493 585493 false false false false false false false false false false ABBVIE INC - 3.600% - 05/14/20 6710 7423 AMAZON COM INC - 3.875% - 08/2 8072 8238 AMERICAN EXPRESS CO - 1.650% - 8039 8020 AMERICAN INTERNATIONAL GROUP, 7815 7577 ANHEUSER BUSCH INBEVFIN INC - 6374 7154 ANTHEM INC NOTE - 4.101% - 03/ 7044 7767 APPLE INC - 2.500% - 02/09/202 6594 7287 AT&T INC - 4.350% - 03/01/2029 8344 7869 BANK NEW YORK - 3.650% - 02/04 6064 6316 BANK OF NOVA SCOTIA - 3.400% - 7516 7346 BK OF AMERICA CORP - 2.087% - 7875 7944 BLACKROCK INC - 2.400% - 04/30 8236 8216 BNP PARIBAS - 3.250% - 03/03/2 6796 7208 BP CAPITAL MKTS - 3.814% - 02/ 6381 6327 CAPITAL ONE FINANCIAL CO NOTE 6999 7369 CITIGROUP INC NOTE - 4.600% - 5999 6620 COMCAST - 4.250% - 10/15/2030 8133 8087 CSX CORP - 0.000% - 11/01/2026 7872 8343 CVS CAREMARK CORP NOTE - 4.300 3443 3369 DEERE CO - 2.650% - 01/06/2022 5973 6001 DUKE ENERGY CORP - 3.750% - 04 7971 8401 ENERGY TRANSFER PARTNERS DTD - 5849 6358 ENTERGY CORP - 0.900% - 09/15/ 8029 7752 EXPRESS SCRIPTS NOTE - 4.500% 6347 6611 EXXON MOBIL CORP - 2.992% - 03 6336 6308 GENERAL MTRS FINL COINC NOTE - 7667 8817 GOLDMAN SACHS GROUP INC NOTE - 7331 7473 INTEL CORP - 2.450% - 11/15/20 8176 8284 INTERNATIONAL BUSINESS MACHINE 6393 8075 JOHNSON &JOHNSON - 1.300% - 09 8058 7709 JP MORGAN CHASE NOTE - 0.000% 8088 8318 KEYCORP - 2.550% - 10/01/2029 8563 8191 KINDER MORGAN EP - 4.150% - 02 6042 6313 MORGAN STANLEY - 3.875% - 04/2 7132 7422 NISOURCE - 0.950% - 08/15/2025 8044 7791 NVIDIA CORP - 2.850% - 04/01/2 7703 7435 ORACLE CORP - 2.950% - 05/15/2 5743 6221 ORIX CORPORATION - 2.900% - 07 8068 8092 SANTANDER HLDGS USA INC - 3.50 8222 8340 SHELL INTL FIN NT - 6.375% - 1 6599 7298 SIMON PPTY GROUP - 3.500% - 09 7606 7463 STARBUCKS CORP 2.25% 03/12/203 8326 7952 SUNTRUST BK - 2.800% - 05/17/2 7111 7051 TORONTO DOMINION BANK MTN - 1. 7875 7864 UNITEDHEALTH GROUP INC - 5.800 5616 6948 VERIZON COMMUNICATIONS INC - 0 7942 8154 VODAFONE GROUP PLC - 6.150% - 5971 8150 WELLS FARGO - 3.000% - 02/19/2 6028 6266 WESTPAC BKG CORP NOTE - 2.350% 6357 6197 ADIDAS AG 7795 10800 ADVANCED ENERGY IND INC 6228 6374 AGREE REALTY CORP 4524 4995 AIA GROUP LTD ADR 5604 10241 AIRBUS GROUP 14791 18412 ALAMO GP INC 5876 7212 ALEXANDRIA REAL ESTATE EQUITIE 5284 6689 ALIBABA GROUP HOLDING LTD 38506 30529 ALPHABET INC CL A 68564 107190 ALPHABET INC CL C 14846 37617 AMAZON COM 22396 73355 AMER INTERNATIONAL GROUP INC 19651 20583 ANTERO RESOURCES CORPORATION 2916 3010 ARAMARK 6823 11755 ARTISAN PARTNERS ASSET MANAGEM 2882 3049 ASGN INC 8096 13821 ASML HOLDING NV NY REG SHS 2780 16719 ASTRAZENECA 21758 26213 AUTODESK, INC 4840 42460 AUTOMATIC DATA PROCESSING INC 4956 8630 AVALONBAY CMNTYS INC 4723 6567 AVATAR HOLDINGS INC. 4540 5605 BALLY S ORD SHS 8174 6889 BANK OF AMERICA CORP 16373 31899 BEACON ROOFING SUPPLY, INC 5188 5620 BERKSHIRE HATHAWAY INC. CLASS 27450 40664 BLACKROCK INC 4341 10071 BOEING CO 35613 43686 BOOKING HOLDINGS INC 19990 26392 BRIXMOR PPTY GROUP INC COM 4389 7343 BROWN & BROWN INC 7012 9207 BUILDERS FIRST SOURCE INC 2214 4028 BUNGE LTD 7226 14938 CACI INTL INC 10292 11038 CADENCE BANCORPORATION 8522 8311 CAMECO CORPORATION 7205 12214 CANADIAN PACIFIC RAILWAY LTD 5450 12949 CAPRI HOLDINGS LTD.SHS 7248 12593 CARLISLE COS INC 6587 15880 CDK GLOBAL INC 27881 25253 CHARLES SCHWAB CORP 16226 32042 CHARTER COMMUNICATIONS, INC 14819 24775 CISCO SYSTEMS INC 6339 21546 CITIGROUP INC 12793 15943 CMC MATERIALS INC 5238 7859 COLGATE-PALMOLIVE COMPANY 11617 13910 COMCAST CORP 12359 18421 COMSTOCK RES INC 1925 2532 CONSTELLATION BRANDS INC 9385 14054 COTY INC 6956 8946 CREDIT SUISSE GROUP ADR 26821 18268 CYBERARK SOFTWARE LTD 5943 11263 DBS GROUP HLDGS SPON ADR 13547 16162 DEERE CO 8305 25374 DEUTSCHE TELE AG ADS 9087 8811 DIAGEO PLC ADS 8126 15630 DIGITAL RLTY TR INC 2869 3537 DOLLAR TREE INC 16578 22905 DXC TECHNOLOGY COMPANY 6761 9496 EASTGROUP PROPERTIES INC 5797 9798 ELEMENT SOLUTIONS INC 9274 18137 EMERGENT BIOSOLUTIONS INC 5361 2956 EQUIFAX INC 4847 9662 EQUINIX, INC 11711 15225 EQUITY LIFESTYLE PRP 2117 4032 ERICSSON L M TEL CO 13412 16718 ESSEX PRTY TR INC 6527 9510 ESSILOR INTL ADR 7776 12295 EVERI HOLDINGS INC 5015 5594 EXLSERVICE HOLDINGS INC 10828 15925 EXPEDITORS INTL WASH INC 8000 23501 EXTRA SPACE STORAGE 5682 12470 F M C CP 10206 10659 FABRINET INC 3726 5568 FACTSET RESH SYST INC 4206 19926 FEDERAL RLTY INVT TR 2811 2863 FEDERAL SIGNAL CORP 7651 10662 FERRARI NV 10085 13200 FIRST AMERICAN CORP 6788 9153 FISERV INC 37858 37053 FTI CONSULTING INC 7845 9819 GATX CORP INC 8144 10732 GEN DYNAMICS CP 15086 22723 GENERAL MOTORS 13300 23804 GENMAB A/S SPON 6587 9415 GIBRALTAR INDS INC 7207 5068 GLOBAL MEDICAL REIT INC 2852 3319 GLOBAL PAYMENTS INC 8760 10003 GRIFOLS SA REP 1/2 CL B 15332 9871 HALLIBURTON COMPANY 9191 7684 HCA INC 12025 30317 HDFC BANK LTD ADR 12180 18935 HEALTHCARE TRUST OF AMERICA IN 1978 2404 HILTON WORLDWIDE HOLDINGS, INC 9862 20279 HOLOGIC, INC 6572 7197 HOST HOTELS & RESORTS INC 4646 4695 HUMANA INC 22785 32006 HUNTINGTON INGALLS INDUSTRIES 12820 12885 ICHOR HOLDINGS 5391 5109 II VI INC 8933 9088 ILLUMINA INC COM 16607 22066 INDEPENDENCE REALTY TR 2674 4701 INFOSYS TECH LTD SPD ADR 10174 14629 INSIGHT ENTERPRISES, INC 10535 18762 INSTALLED BUILDING PRODUCTS IN 6838 8104 INTERNATIONAL GAME TECHNOLOGY 6192 10061 INTUITIVE SURGICAL 7257 15091 INVITATION HOMES INC. 4423 5350 ITAU UNIBANCO HOLDING S.A 9646 7931 KERRY GROUP PLC 10944 12225 KEURIG DR PEPPER INC 28310 34796 KILROY REALTY CP 3432 3722 KION GROUP AG GERMANY 7773 13803 KKR & CO INC 8471 16316 L'AIR LIQUIDE ADR OTC 8216 11437 LANDSTAR SYSTEM 6746 7698 LEAR CORP 17183 18844 LIFE STORAGE, INC 6709 11182 LONDON STK EXCHANGE GROUP 7748 10663 LOOMIS SAYLES HIGH INCOME OPPO 126271 120921 LOOMIS SAYLES SECURITIZED ASSE 311247 273986 LPL FINANCIAL HOLDINGS INC 7552 13127 LVMH MOET HENN UNSP 4209 12744 MACERICH CO 4597 5996 MACQUARIE GROUP LTD ADR 6896 13510 MANULIFE FIN CORP 12267 14989 MASTERCARD INC 15650 16888 META PLATFORMS INC 28655 92160 MICROSOFT CORP 7827 54148 MKS INSTRUMENTS, INC 7839 10624 MOELIS AND COMPANY 4268 5001 MOLINA HEALTHCARE 12232 14950 MONSTER BEVERAGE CORP 7910 32173 MOODYS CORP 3110 11327 MURATA MFG INC UNSP/ADR 16191 15182 NESTLE S.A 7262 11791 NETFLIX INC 12038 26507 NIDEC CORPORATION ADR 4896 12099 NOMAD FOODS LIMITED 9174 7998 NOV INC 12947 5528 NOVARTIS AG ADR 26249 26328 NOVO NORDISK A S 4406 12432 NVIDIA CORP 9154 72351 NXP SEMICONDUCTORS 9088 19134 OLD NATIONAL BANCORP 7974 7719 ORACLE CORP 23684 45262 OVINTIV INC 3996 6369 PACWEST BANCORP 7701 8582 PAGSEGURO DIGITAL LTD. 11788 8810 PARAMOUNT GROUP INC COM 454 359 PDC ENERGY INC 3343 3610 PERFORMANCE FOOD GROUP COMPANY 10684 12757 PHILIP MORRIS INTL 5926 6270 PING AN INSURANCE GROUP ADR 15553 17853 POST HOLDINGS INC 16636 20630 PROLOGIS 10811 22560 PRUDENTIAL PLC SC 22367 19728 QUALCOMM INC 7884 26150 REGENERON PHARMACEUTICALS INC 35183 52416 REINSURANCE GROUP AMER INC 13920 16642 RETAIL OPPORTUNITY INVESTMENTS 1136 1196 RITCHIE BROS AUCTIONEERS 7891 7651 ROCHE HOLDING LTD ADR 32246 39646 ROYAL DUTCH SHEL PLC SPONS ADR 17968 18987 RUSH ENTERPRISES, INC 3458 5564 RYANAIR HOLDINGS PLC-ADR COM 12338 11870 RYMAN HOSPITALITY PROPERTIES 3853 4230 SAIA, INC 2644 6404 SALESFORCE.COM 36013 54892 SAP AKTIENGESELL ADS 7556 10088 SBA COMMUNICATIONS CORP 2197 3112 SCHLUMBERGER LTD 23477 13118 SEALED AIR CORP 8722 13561 SEI INVESTMENTS 4487 14077 SELECTIVE INS GROUP INC 8011 8440 SEVEN & I HOLDINGS C 13963 16009 SHISEIDO CO LTD 9303 8883 SIEMENS AG 14087 20524 SIKA AG BEARER SHS 9725 12011 SIMON PPTY GROUP INC 2981 3036 SINCLARI BROADCAST GROUP INC 6981 7215 SONY GROUP CORP 12268 23510 SOUTH STATE CORPORATION 5240 5608 SOUTHERN COPPER CORP 6938 12280 SOUTHWEST GAS CP 7075 7285 SOUTHWESTERN ENERGY CO 2912 3113 SPIRE INC 7940 7109 SPIRIT REALTY CAPITAL, INC 4770 5301 SPX CORPORATION 5027 6266 STARBUCKS CORP COM 13508 24330 SUN COMMUNITIES INC 4801 6719 SYMRISE AG UNSPONSORED 6847 10602 SYNEOS HEALTH INC 12022 15299 T-MOBILE US INC 14911 16237 TAIWAN SEMICONDUCTOR MFG CO LT 5061 16122 TECHNIPFMC PLC 5727 3114 TEGNA 5472 8018 TELE NORTE CELULAR PARTICIPACO 5223 5883 TENCENT HOLDINGS LIMITED 17324 21629 TERRENO RLTY CORPCOM 6078 8188 THE CHEMOURS CO 8881 11175 THOR INDS INC 18776 28122 TORAY INDUSTRIES INC 19362 16633 TOYOTA MTR CORP 12888 16862 TREAN INS GROUP INC 4304 2682 TREASURY WINE ESTATES ADR 17376 20074 UDR INC 6292 8159 ULTRA CLEAN HOLDINGS, INC 4279 4933 UNIFIRST CP 3354 4208 UNITED BANKSHARES, INC 5353 5369 UNITED COMMUNITY BANKS, INC 5394 5930 UNIVAR INC 6733 10433 VENTAS INC 7299 7208 VERTEX PHARMCTLS INC 23176 25693 VICI PROPERTIES INC 7503 9846 VISA INC 24328 68914 WAL-MART DE MEX V SP/ADR 6060 8977 WALT DISNEY HOLDINGS CO 36942 45693 WARNER MUSIC GRP CRP 5354 6132 WATSCO INC 5112 5632 WELLS FARGO & CO 18766 29172 WELLTOWER INC. 1987 3259 WILLIS TOWERS WATSON PUBLIC LT 20688 21374 WNS (HOLDINGS) LIMIT 7354 7852 WORKDAY INC 7207 14205 WORLDLINE 9316 9464 XP INC CL A 11655 9455 YUM BRANDS INC 5288 14164 YUM CHINA HOLDINGS INC 3981 6928 131148 142276 8039 8461 Administrative Fees 20271 20271 Bank Charges 835 835 State or Local Filing Fees 25 25 Investment Management Services 75271 75271 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 4900 990-PF Extension for 2020 1220 Foreign Tax Paid 2406 2406