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 04-01-2013 , and ending 03-31-2014
Name of foundation
PHYLLIS & DONALD KAHN FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)115 WEST ISLAND AVENUE   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNEAPOLIS, MN554011509
A Employer identification number

13-4054239
B Telephone number (see instructions)

(612) 378-2591
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$856,723J 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) 100
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 11,719 11,719  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 27,332
b Gross sales price for all assets on line 6a 59,052
7 Capital gain net income (from Part IV, line 2)... 27,332
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).......      
12 Total. Add lines 1 through 11........ 39,151 39,051  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)        
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 100 50   50
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 100 50   50
25 Contributions, gifts, grants paid........ 42,500 42,500
26 Total expenses and disbursements. Add lines 24 and 25 42,600 50   42,550
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,449
b Net investment income (if negative, enter -0-) 39,001
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...............      
2 Savings and temporary cash investments.......... 231,099 198,329 198,329
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)      
b Investments—corporate stock (attach schedule)........ 357,804 Click to see attachment387,125 658,394
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
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) 588,903 585,454 856,723
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....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 200,000 200,000
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 388,903 385,454
30 Total net assets or fund balances (see page 17 of the
instructions).................... 588,903 585,454
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 588,903 585,454
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)............... 1 588,903
2 Enter amount from Part I, line 27a..................... 2 -3,449
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 585,454
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. 6 585,454
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 1300 SHS BRISTOL MYERS P 2010-03-02 2013-06-28
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 59,052   31,720 27,332
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       27,332
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 27,332
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 28,200 710,710 0.039679
2011 42,396 720,918 0.058808
2010 79,423 764,723 0.103859
2009 12,616 848,882 0.014862
2008 14,695 638,192 0.023026
2 Total of line 1, column (d) ...................... 2 0.240234
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 0.048047
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 819,119
5 Multiply line 4 by line 3....................... 5 39,356
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 390
7 Add lines 5 and 6......................... 7 39,746
8 Enter qualifying distributions from Part XII, line 4.............. 8 42,550
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 1 390
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............................ 3 390
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- ..... 5 390
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 874
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.............. 7 874
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
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 10 484
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet484 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 ofbulletPHYLLIS KAHN Telephone no.bullet (612) 378-2591
    Located atbullet115 WEST ISLAND AVENUEMINNEAPOLISMN ZIP+4bullet554011509
    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
     
     
    .........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
    PHYLLIS KAHN PRESIDENT/SECRETARY
    0.00     		0 0 0
    115 WEST ISLAND AVENUE
    MINNEAPOLIS,MN55401
    IRVING KAHN VICE PRESIDENT
    0.00     		0 0 0
    14 EAST 75TH STREET
    NEW YORK,NY10021
    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
    NONE
    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
    40,956
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    390
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    390
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    40,566
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    40,566
    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
    40,566
    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 40,566
    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.......  
    b From 2009.......  
    c From 2010....... 2,831
    d From 2011....... 6,827
    e From 2012.......  
    fTotal of lines 3a through e......... 9,658
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 42,550
    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).........     		0
    d Applied to 2013 distributable amount..... 40,566
    e Remaining amount distributed out of corpus 1,984
    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 11,642
    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) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		11,642
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010.... 2,831
    c Excess from 2011.... 6,827
    d Excess from 2012....  
    e Excess from 2013.... 1,984
    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).)
    IRVING KAHN
    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
    ACKERMAN INSTITUTE
    149 E 78TH ST
    NEW YORK,NY10075     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 500
    ANNE BANCROFT FOUNDATION
    808 14TH AVENUE SE
    MINNEAPOLIS,MN55414     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    ASSOC FOR NON-SMOKERS - MINNESOTA
    2395 UNIVERSITY AVENUE W SUITE 310
    ST PAUL,MN55114     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    CENTER FOR GLOBAL EDUCATION AUGSBURG COLLEGE
    2211 RIVERSIDE AVENUE SOUTH
    MINNEAPOLIS,MN55455     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    CENTER FOR VICTIMS OF TORTURE
    649 DAYTON AVE
    ST PAUL,MN55104     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 500
    CENTER FOR WOMEN'S POLICY STUDIES
    1776 MASS AVENUE NW
    WASHINGTON,DC20036     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    COUNCIL ON CRIME AND JUSTICE
    822 SOUTH 3RD STREET SUITE 100
    MINNEAPOLIS,MN55415     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    FRIENDS OF THE MISSISSIPPI RIVER
    360 NORTH ROBERT ST STE 400
    ST PAUL,MN55101     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    GIRLS INTERNATIONAL FORUM
    2324 UNIVERSITY AVE W SUITE 120-G
    ST PAUL,MN55114     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    GLOBAL EXCHANGE
    2017 MISSION STREET 303
    SAN FRANCISCO,CA94110     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 500
    GREATER MINNEAPOLIS CRISIS NURSERY
    5400 GLENWOOD AVE
    GOLDEN VALLEY,MN55422     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    HARRIET TUBMAN CENTER
    3111 FIRST AVE SO
    MINNEAPOLIS,MN55408     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    HEART OF BEAST PUPPET AND MARK THEATER
    1500 E LAKE ST
    MINNEAPOLIS,MN55407     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    HOSTELLING INTERNATIONAL
    622 SELBY AVE
    SAINT PAUL,MN55104     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    INSTITUTE FOR MATHEMATICS AND ITS APPLICATIONS- UNIV OF MINN
    207 CHURCH STREET SE 306 LIND HALL
    MINNEAPOLIS,MN55455     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 5,000
    JUXTAPOSITION ARTS
    2007 EMERSON AVE N
    MINNEAPOLIS,MN55411     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    LAND STEWARDSHIP PROJECT
    821 E 35 STREET SUITE 200
    MINNEAPOLIS,MN55407     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    LIBRARY FOUNDATION OF HENNEPIN COUNTY
    300 NICOLLET MALL
    MINNEAPOLIS,MN55401     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    MINNEAPOLIS CHESS CLUB
    1121 JACKSON ST NE MAILBOX 134
    MINNEAPOLIS,MN55413     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    MINNESOTA ADVOCATES FOR HUMAN RIGHTS
    650 THIRD AVENUE SOUTH SUITE 550
    MINNEAPOLIS,MN55402     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    MINNESOTA CONSERVATION CORPS
    2715 UPPER AFTON RD
    MAPLEWOOD,MN55119     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    MINNESOTA JOURNAL OF LAW
    229 19TH AVENUE SOUTH UNIV OF MINN
    LAW SCHOOL
    MINNEAPOLIS,MN55455     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    MINNESOTA LANDSCAPE ARBORETUM
    3675 ARBORETUM DRIVE
    CHASKA,MN55318     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    MINNESOTA MEDICAL FOUNDATION MASONIC CANCER CENTER
    PO BOX 64001
    ST PAUL,MN55164     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 500
    MINNESOTA NARAL FOUNDATION
    550 RICE STREET
    ST PAUL,MN55103     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 500
    MINNESOTA NOW FOUNDATION
    550 RICE STREET 102
    ST PAUL,MN55103     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    MINNESOTA PARKS FOUNDATION
    3954 BRYANT AVENUE SO
    MINNEAPOLIS,MN55409     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    MINNESOTA WOMEN'S CONSORTIUM
    550 RICE STREET
    ST PAUL,MN55103     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    MINNESOTA ZOO FOUNDATION
    13000 ZOO BLVD
    APPLE VALLEY,MN55124     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 500
    MINNPOSTCOM
    900 6TH AVENUE SE 220
    MINNEAPOLIS,MN55414     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 500
    MIXED BLOOD THEATER
    1501 SOUTH 4TH STREET
    MINNEAPOLIS,MN55454     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 500
    PAGE EDUCATION FOUNDATION
    PO BOX 581254
    MINNEAPOLIS,MN55458     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 10,000
    PENUMBRA THEATRE
    270 N KENT ST
    ST PAUL,MN55102     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    PLANNED PARENTHOOD
    1200 LAGOON AVE
    MINNEAPOLIS,MN55408     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 2,000
    PRESERVATION ALLIANCE OF MINNESOTA
    75 W FIFTH ST
    ST PAUL,MN55102     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    RUTGERS FOUNDATION
    191 RYDERS LANE
    NEW BRUNSWICK,NJ08901     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    SECOND HARVEST HEARTLAND
    PO BOX 64051
    ST PAUL,MN55164     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    SIERRA CLUB FOUNDATION
    2327 FRANKLIN AVENUE 1
    MINNEAPOLIS,MN55406     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    SOUTHEAST SENIORS
    66 MALCOLM AVENUE SE
    MINNEAPOLIS,MN55414     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 500
    STARBASE MINNESOTA
    659 MUSTANG AVE
    ST PAUL,MN55111     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    THE SOUTHERN THEATER
    1420 WASHINGTON AVENUE SOUTH
    MINNEAPOLIS,MN55454     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 500
    TRUST FOR PUBLIC LAND
    2610 UNIVERSITY AVENUE W SUITE 300
    ST PAUL,MN55114     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    TWIN CITIES HABITAT FOR HUMANITY
    3001 4TH STREET SE
    MINNEAPOLIS,MN55414     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    TWIN CITIES MEDIA ALLIANCE
    2600 E FRANKLIN AVENUE 2
    MINNEAPOLIS,MN55406     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    URBAN BOAT BUILDERS
    1460 1/2 UNIVERSITY AVENUE
    ST PAUL,MN55104     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    WAND
    691 MASSACHUSETTS AVENUE
    ARLINGTON,MA02476     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    WATCH
    608 SECOND AVENUE SOUTH NORTHSTAR
    EAST STE 465
    MINNEAPOLIS,MN55402     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    WILDERNESS INQUIRY
    808 14TH AVENUE SE
    MINNEAPOLIS,MN55414     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    WOMEN VENTURE
    2324 UNIVERSITY AVENUE WEST 200
    ST PAUL,MN55114     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    WOMEN'S ENVIRONMENTAL INSTITUTE
    PO BOX 128
    NORTH BRANCH,MN55056     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    WOMEN'S FOUNDATION OF MINNESOTA
    155 5TH AVE S STE 500
    MINNEAPOLIS,MN55401     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    WORLD WITHOUT GENOCIDE - WILLIAM MITCHELL COLLEGE
    875 SUMMIT AVENUE
    ST PAUL,MN55105     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    ANNE PEDERSON WOMEN'S RESOURCE CENTER
    AUGSBURG COLLEGE- 2211 RIVERSIDE
    AVE
    MINNEAPOLIS,MN55454     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    MUSICIANS IN DEBUT INTERNATIONAL
    4141 DUPONT AVE S
    MINNEAPOLIS,MN55409     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 10,000
    NATIONAL CAUCUS OF ENVIRONMENTAL LEGISLATORS
    218 D STREET SE 1ST FLOOR
    WASHINGTON,DC20003     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    SEWARD NEIGHBORHOOD GROUP
    2323 E FRANKLIN AVE
    MINNEAPOLIS,MN55406     		NONE PUBLIC GENERAL CHARITABLE PURPOSES 250
    Total .................................bullet 3a 42,500
    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 ............     		         
    4 Dividends and interest from securities....     14 11,719  
    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 27,332  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 39,051 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    1339,051
    (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

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    PHYLLIS & DONALD KAHN FOUNDATION INC
    EIN: 13-4054239
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AT&T INC - 93 SHS 4,785 3,262
    BRISTOL MYERS SQUIBB - 1,300 SHS 0 0
    CITIGROUP INC - 2,000 SHS 66,486 95,200
    COMCAST - 291 SHS 8,009 14,562
    CTM MEDIA HOLDINGS INC. -5 SHS 0 315
    GENIE ENERGY LTD CL B - 333 SHS 6,140 3,320
    HOLOGIC INC - 4,000 SHS 7,987 86,000
    IDT CORP COM NEW - 333 SH S 8,217 5,548
    NAM TAI ELECTRS INC - 3,000 SHS 14,536 17,670
    NEW YORK CMNTY BANCORP INC COM - 3,000 SH S 41,286 48,210
    NEW YORK TIMES CO CL A - 6,000 SHS 44,368 102,719
    OLD REPUBLIC INT'L CORP - 3,000 SHS 32,309 49,200
    PATTERSON-UTI ENERGY INC - 2,500 SH 48,227 79,200
    PFIZER INC - 1,700 SHS 29,886 54,604
    TRINITY PLACE - 1,800 SHS 7,177 11,249
    VOXX INTL CORP CL A - 900 SHS 6,669 12,312
    STRAIGHT PATH COMM.- 166 SHS 0 1,222
    1300 SHS MERCK & CO 61,043 73,801

    TY 2013 OtherExpensesSchedule
    Name:
    PHYLLIS & DONALD KAHN FOUNDATION INC
    EIN: 13-4054239
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NYS FILING FEE 100 50   50