Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
THE CARROLL AND MILTON PETRIE FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)C/O BRANDMAN AT STROOCK 180 MAIDENLANERoom/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10038
A Employer identification number

20-1451752
B Telephone number (see instructions)

(212) 806-6027
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$20,477,278J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
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)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 1,539,617
2 Check bullet
3 Interest on savings and temporary cash investments 224,644 224,644  
4 Dividends and interest from securities...... 160,400 160,400  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 983,327
b Gross sales price for all assets on line 6a 10,951,634
7 Capital gain net income (from Part IV, line 2)... 983,327
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)....... Click to see attachment 14,726 -199  
12 Total. Add lines 1 through 11........ 2,922,714 1,368,172  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 104,167 0   104,167
15 Pension plans, employee benefits....... 41,133 0   41,133
16a Legal fees (attach schedule)......... Click to see attachment 46,736 11,684   35,052
b Accounting fees (attach schedule)....... Click to see attachment 60,050 29,425   30,625
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 99,415 0   8,148
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 104,358 93,029   11,329
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 455,859 134,138   230,454
25 Contributions, gifts, grants paid........ 4,593,837 4,593,837
26 Total expenses and disbursements. Add lines 24 and 25 5,049,696 134,138   4,824,291
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,126,982
b Net investment income (if negative, enter -0-) 1,234,034
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
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
Assets 1 Cash—non-interest-bearing............... 907 8,451 8,451
2 Savings and temporary cash investments.......... 4,668,001 3,305,224 3,305,224
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 654,370 Click to see attachment2,316,200 2,316,200
b Investments—corporate stock (attach schedule)........ 10,512,151 Click to see attachment12,351,470 12,351,470
c Investments—corporate bonds (attach schedule)........ 1,988,850 Click to see attachment1,022,433 1,022,433
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,679,948 Click to see attachment1,473,500 1,473,500
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,504,227 20,477,278 20,477,278
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 20,504,227 20,477,278
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 20,504,227 20,477,278
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 20,504,227 20,477,278
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 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 20,504,227
2 Enter amount from Part I, line 27a..................... 2 -2,126,982
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 2,100,033
4 Add lines 1, 2, and 3.......................... 4 20,477,278
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 20,477,278
Form 990-PF (2013)
Form 990-PF (2013)
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 PUBLICY TRADED SECURITIES P    
b
c
d
e
(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 10,951,634   9,968,307 983,327
b
c
d
e
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       983,327
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 983,327
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 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2012 5,430,514 18,999,219 0.285828
2011 5,801,870 33,883,609 0.171229
2010 6,711,116 25,839,692 0.259721
2009 7,492,175 25,535,597 0.293401
2008 13,118,090 22,332,111 0.587409
2 Total of line 1, column (d) ...................... 2 1.597588
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.319518
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 19,654,899
5 Multiply line 4 by line 3....................... 5 6,280,094
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 12,340
7 Add lines 5 and 6......................... 7 6,292,434
8 Enter qualifying distributions from Part XII, line 4.............. 8 4,824,291
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2013)
Form 990-PF (2013)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 24,681
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% 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 0
3 Add lines 1 and 2............................ 3 24,681
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 24,681
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 47,296
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 47,296
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 243
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 22,372
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet22,372 RefundedBullet 11 0
Part VII-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 page 19 of
the instructions for 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. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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 XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    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
    Yes
     
    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 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    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
    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 addressbulletN/A
    14
    The books are in care ofbulletCO ETTA BRANDMAN AT STROOCK Telephone no.bullet (212) 806-6027
    Located atbullet180 MAIDEN LANENEW YORKNY ZIP+4bullet10038
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bullet  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 5
    Part VII-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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?.................
    (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.).........
    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 page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    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 2013?.............
    1c
     
    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 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    If "Yes," list the years bullet20, 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
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 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?.........................
    b
    If "Yes," did it have excess business holdings in 2013 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 2013.)....................
    3b
     
     
    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 2013?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    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
     
     
    .........bullet
    c
    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?............
    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?........................
    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?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 6
    Part VIII
    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
    JEROME A MANNING PRESIDENT/DIRECTOR
    1.00     		0 0 0
    180 MAIDEN LANE
    NEW YORK,NY10038
    JEAN L TROUBH VICE-PRESIDENT/DIRECTOR
    1.00     		0 0 0
    180 MAIDEN LANE
    NEW YORK,NY10038
    CARROLL PETRIE HONORARY CHAIRPERSON
    1.00     		0 0 0
    180 MAIDEN LANE
    NEW YORK,NY10038
    CHARLES A KLEIN SECRETARY/DIRECTOR
    1.00     		0 0 0
    180 MAIDEN LANE
    NEW YORK,NY10038
    ETTA BRANDMAN DIRECTOR
    1.00     		0 0 0
    180 MAIDEN LANE
    NEW YORK,NY10038
    PAUL O LECLERC DIRECTOR
    1.00     		0 0 0
    180 MAIDEN LANE
    NEW YORK,NY10038
    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
    BETH LEIF EXECUTIVE DIRECTOR
    30.00     		104,167 30,000 0
    C/O CARROLL MILTON PETRIE FND 767
    THIRD AVENUE
    NEW YORK,NY10038
    Total number of other employees paid over $50,000...................bullet 0
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-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  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-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  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Part X
    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
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    982,745
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    24,681
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    24,681
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    958,064
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    958,064
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    958,064
    Part XII
    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
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 958,064
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 12,012,850
    b From 2009....... 6,242,265
    c From 2010....... 5,432,768
    d From 2011....... 5,801,870
    e From 2012....... 5,430,514
    fTotal of lines 3a through e......... 34,920,267
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 4,824,291
    a Applied to 2012, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		Click to see attachment3,858,390
    d Applied to 2013 distributable amount..... 958,064
    e Remaining amount distributed out of corpus 7,837
    5 Excess distributions carryover applied to 2013. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 38,786,494
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		12,012,850
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		26,773,644
    10 Analysis of line 9:
    a Excess from 2009.... 6,242,265
    b Excess from 2010.... 5,432,768
    c Excess from 2011.... 5,801,870
    d Excess from 2012.... 5,430,514
    e Excess from 2013.... 3,866,227
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-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 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    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 X, 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 XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList 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).)
    bList 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.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 10
    Part XV
    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)
    aPaid during the year
    BARUCH COLLEGE
    5 LEXINGTON AVENUE
    NEW YORK,NY10010     		NONE PUBLIC EDUCATIONAL 100,000
    BOROUGH OF MANHATTAN COMMUNITY COLLEGE
    199 CHAMBERS ST
    NEW YORK,NY10007     		NONE PUBLIC EDUCATIONAL 100,000
    BRONX COMMUNITY COLLEGE
    2155 UNIVERSITY AVENUE
    NEW YORK,NY10453     		NONE PUBLIC EDUCATIONAL 100,000
    BROOKLYN COLLEGE FOUNDATION
    2900 BEDFORD AVENUE
    BROOKLYN,NY11210     		NONE PUBLIC EDUCATIONAL 100,000
    CITY PARKS FOUNDATION
    830 FIFTH AVENUE
    NEW YORK,NY10021     		NONE PUBLIC EDUCATIONAL 40,000
    COLLEGE OF STATEN ISLAND
    2800 VICTORY BLVD
    STATEN ISLAND,NY10314     		NONE PUBLIC EDUCATIONAL 100,000
    HOSTOS COMMUNITY COLLEGE
    500 GRAND CONCOURSE
    BRONX,NY10451     		NONE PUBLIC EDUCATIONAL 50,000
    THE COOPER UNION FOR THE ADVANCEMENT OF SCIENCE & ART
    30 COOPER SQUARE
    NEW YORK,NY10003     		NONE PUBLIC EDUCATIONAL 50,000
    FUND FOR PUBLIC SCHOOLS
    52 CHAMBERS STREET
    NEW YORK,NY10007     		NONE PUBLIC EDUCATIONAL 825,000
    JOHN JAY COLLEGE OF CRIMINAL JUSTICE
    524 WEST 59TH STREET
    NEW YORK,NY10019     		NONE PUBLIC EDUCATIONAL 100,000
    LEHMAN COLLEGE
    250 BEDFORD PARK BOULEVARD WEST
    BRONX,NY10468     		NONE PUBLIC EDUCATIONAL 100,000
    MEDGAR EVERS COLLEGE
    1650 BEDFORD AVE
    NEW YORK,NY11225     		NONE PUBLIC EDUCATIONAL 100,000
    NEW TEACHER CENTER
    725 FRONT STREET SUITE 400
    SANTA CRUZ,CA95060     		NONE PUBLIC EDUCATIONAL 587,357
    NEW YORK CITY OUTWARD BOUND
    29-46 NORTHERN BLVD
    NEW YORK,NY11101     		NONE PUBLIC EDUCATIONAL 100,000
    PURCHASE COLLEGE FOUNDATION
    735 ANDERSON HILL RD
    PURCHASE,NY10577     		NONE PUBLIC EDUCATIONAL 100,000
    QUEENS COLLEGE
    65-30 KISSENA BLVD
    FLUSHING,NY11367     		NONE PUBLIC EDUCATIONAL 100,000
    RESEARCH FOUNDATION FOR CUNY
    30 WEST 41ST ST
    NEW YORK,NY10036     		NONE PUBLIC EDUCATIONAL 20,000
    THE NEW SCHOOL
    66 WEST 66 12TH STREET
    NEW YORK,NY10011     		NONE PUBLIC EDUCATIONAL 100,000
    YORK COLLEGE FOUNDATION
    94 - 20 GUY R BREWER BLVD
    JAMAICA,NY11451     		NONE PUBLIC EDUCATIONAL 100,000
    AMERICAN MUSEUM OF NATURAL HISTORY
    200 CENTRAL PARK W
    NEW YORK,NY11024     		NONE PUBLIC EDUCATIONAL 366,480
    INTERNATIONAL NETWORK FOR PUBLIC SCHOOLS
    50 BROADWAY
    NEW YORK,NY10004     		NONE PUBLIC EDUCATIONAL 400,000
    NEW YORK CITY COLLEGE OF TECHNOLOGY FOUNDATION
    300 JAY STREET
    BROOKLYN,NY11201     		NONE PUBLIC EDUCATIONAL 100,000
    QUEENSBOROUGH COMMUNITY COLLEGE
    222-05 56TH AVE
    NEW YORK,NY11364     		NONE PUBLIC EDUCATIONAL 100,000
    CITY YEAR NEW YORK
    20 W 22ND ST 3RD FLOOR
    NEW YORK,NY10010     		NONE PUBLIC EDUCATIONAL 50,000
    HARLEM ACADEMY
    1330 5TH AVE 4
    NEW YORK,NY10026     		NONE PUBLIC EDUCATIONAL 50,000
    PHILANTHROPHY NEW YORK
    79 FIFTH AVENUE FOURTH FLOOR
    NEW YORK,NY100033076     		NONE PUBLIC EDUCATIONAL 10,000
    THE URBAN ASSEMBLY
    90 BROAD STREET
    NEW YORK,NY10004     		NONE PUBLIC EDUCATIONAL 395,000
    TURNAROUND FOR CHILDREN INC
    25 WEST 45TH ST 6TH FLOOR
    NEW YORK,NY10036     		NONE PUBLIC EDUCATIONAL 250,000
    Total .................................bullet 3a 4,593,837
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-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.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 224,644  
    4 Dividends and interest from securities....     14 160,400  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 983,327  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aFOREIGN EXCHANGE LOSS     01 -199  
    bTAX REFUND     01 14,925  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,383,097 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,383,097
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-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 (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    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) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    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) of the Code (other than section 501(c)(3)) or in section 527?...........
    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 or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2013
    Name of the organization
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
     
    Employer identification number

    20-1451752
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 2
    Name of organization
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
          		Employer identification number

    20-1451752
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    TRUST UWO MILTON PETRIE ART 22A6  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$94,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    TRUST UWO MILTON PETRIE ART 22A7  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$10,800


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    TRUST UWO MILTON PETRIE ART 22A5  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$179,001


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
     
     

    TRUST UWO MILTON PETRIE ART 22A1  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$189,166


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
     
     

    TRUST UWO MILTON PETRIE ART 22A8  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$179,999


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
     
     

    TRUST UWO MILTON PETRIE ART 22A3  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$70,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Name of organization
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
          		Employer identification number

    20-1451752
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
     
     

    TRUST UWO MILTON PETRIE ART 22A4  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$150,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
     
     

    TRUST UWO MILTON PETRIE ART 22A9  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$245,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
     
     

    ESTATE OF MILTON PETRIE  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$387,651


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
     
     

    TRUST UWO MILTON PETRIE ART 22A2  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$33,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 3
    Name of organization
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
          		Employer identification number

    20-1451752
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 4
    Name of organization
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
          		Employer identification number

    20-1451752
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2013 AccountingFeesSchedule
    Name:
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
    EIN: 20-1451752
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 60,050 29,425   30,625

    TY 2013 DistributionFromCorpusElection
    Name:
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
    EIN: 20-1451752
    Election:
    PURSUANT TO IRC SECTION 4942(H)(2) AND REG. SECTION 53.4942(A)(2), TAXPAYER ELECTS TO TREAT $4,814,594 OF CURRENT QUALIFYING DISTRIBUTIONS AS COMING FROM CORPUS.

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2013 GainLossSaleOtherAssetsSch
    Name:
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
    EIN: 20-1451752
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    PUBLICLY TRADED SECURITIES   PURCHASED           0    

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
    EIN: 20-1451752
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CITIGROUP INC 60,229 60,229
    CREDIT SUISSE NEW YORK 167,784 167,784
    JP MORGAN CHASE 175,177 175,177
    PRUDENTIAL FINANCIAL INC. 211,244 211,244
    TCI COMMUNICATION INC 225,017 225,017
    HSBC USA INC 137,787 137,787
    JOHN DEERE CAPITAL 45,195 45,195

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
    EIN: 20-1451752
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AIA GROUP 251,402 251,402
    ALLERGAN INC. 278,811 278,811
    AMERICAN EXPRESS CO 379,251 379,251
    APPLE COMPUTER INC 280,555 280,555
    BOC HONG KONG HOLDINGS LTD(HKD) 160,617 160,617
    CELGENE CORP 424,089 424,089
    CHEVRON 261,062 261,062
    CHINA MOBILE LTD 86,414 86,414
    COSTCO WHOLESALE CORP 397,493 397,493
    CUMMINS INC 169,164 169,164
    DAIMLER AG (EUR) 217,162 217,162
    DU PONT'E I DEMOURS & CO 163,075 163,075
    EBAY INC 274,999 274,999
    EMC CORP 147,128 147,128
    EXXON MOBIL CORP 169,004 169,004
    F5 NETWORKS INC 151,736 151,736
    FAST RETAILING CO LTD 342,089 342,089
    GENERAL ELECTRIC CO 224,240 224,240
    HOME DEPOT INC 205,850 205,850
    HONEYWELL INTERNATIONAL 274,110 274,110
    HYUNDAI MOTOR CO. 264,263 264,263
    INDUSTRIVARDEN AB SER C FR 158,748 158,748
    INTERNATIONAL BUSINESS MACHINES CORP 232,587 232,587
    INVESTOR AB(SEK) 172,352 172,352
    LOCCITANE INTL SA(HKD) 140,608 140,608
    L'OREAL S A (EUR) 2 NEW 189,703 189,703
    LOUIS VUITTON MOET HENNESSY 196,982 196,982
    MYLAN INC 289,912 289,912
    NESTLE SA (CHF) 1 244,495 244,495
    NIKE INC 303,550 303,550
    NUANCE COMMUNICATION INC. 83,600 83,600
    PLUM CREEK TIMBER CO INC 155,343 155,343
    PRAXXAIR INC. 135,231 135,231
    PROCTER & GAMBLE CO. 122,115 122,115
    QUALCOMM INC 297,000 297,000
    ROCHE HOLDING AG BASIL (CHF) 164,820 164,820
    SANDISK CORP 112,864 112,864
    SCHLUMBERGER LTD 86,506 86,506
    TAIWAN SEMICONDUCTOR MFG CO SPON ADR 197,927 197,927
    TRIMBLE NAVIGATION LTD 267,884 267,884
    UNITED PARCEL SVC INC CL B 252,192 252,192
    VARIAN MEDICAL SYSTEMS INC 195,002 195,002
    VOLVO A B (SEK) 5 FREE B SHS 64,589 64,589
    WALT DISNEY 319,352 319,352
    WHOLE FOODS MARKET INC. 393,244 393,244
    YAHOO INC 337,674 337,674
    BOEING CO 227,938 227,938
    JGC CORP 220,548 220,548
    ANADARKO PETROLEUM CORP 63,456 63,456
    FMC TECHNOLOGIES INC 62,652 62,652
    ROCKWELL AUTOMATION INC 141,792 141,792
    HONDA MOTORS CO LTD ADR 90,970 90,970
    COMPAGNIE FINANCIERE RICHEMONT SA 213,028 213,028
    AMAZON 169,486 169,486
    EXPRESS SCRIPTS HOLDING CO 126,432 126,432
    NOVO-NORDISK AS 164,976 164,976
    BANK OF AMERICA 108,990 108,990
    GOOOGLE 268,970 268,970
    INTEL CORP 129,800 129,800
    WPP PLC 125,638 125,638

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
    EIN: 20-1451752
    US Government Securities - End of Year Book Value:

    2,316,200
    US Government Securities - End of Year Fair Market Value:

    2,316,200
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2013 InvestmentsOtherSchedule2
    Name:
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
    EIN: 20-1451752
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CARL MARKS STRATEGIC OPPORTUNITIES FUND LP FMV 959,884 959,884
    DORCHESTER FMV 513,616 513,616

    TY 2013 LegalFeesSchedule
    Name:
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
    EIN: 20-1451752
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 46,736 11,684   35,052


    TY 2013 OtherExpensesSchedule
    Name:
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
    EIN: 20-1451752
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 5,280 0   5,280
    OFFICE EXPENSES 287 0   287
    ADVERTISING 553 0   553
    OTHER FEES 98,199 93,029   5,170
    DUES & SUBSCRIPTIONS 39 0   39


    TY 2013 OtherIncomeSchedule2
    Name:
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
    EIN: 20-1451752
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FOREIGN EXCHANGE LOSS -199 -199 -199
    TAX REFUND 14,925   14,925


    TY 2013 OtherIncreasesSchedule
    Name:
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
    EIN: 20-1451752
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 2,100,033


    TY 2013 TaxesSchedule
    Name:
    THE CARROLL AND MILTON PETRIE FOUNDATION INC
    EIN: 20-1451752
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 8,148 0   8,148
    FEDERAL TAXES- ESTIMATED PAYMENTS 68,488 0   0
    FEDERAL TAXES 22,779 0   0