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 07-01-2013 , and ending 06-30-2014
Name of foundation
The Carl Marks Foundation Inc
 
% FOUNDATION SOURCE
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside RdSuite 123Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

13-6169215
B Telephone number (see instructions)

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$24,428,466J 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) 0
2 Check bullet
3 Interest on savings and temporary cash investments 296 296  
4 Dividends and interest from securities...... 172,223 172,223  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,691,558
b Gross sales price for all assets on line 6a 4,649,620
7 Capital gain net income (from Part IV, line 2)... 1,691,558
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........ 1,864,077 1,864,077  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 60,946     60,946
15 Pension plans, employee benefits....... 4,662     4,662
16a Legal fees (attach schedule)......... Click to see attachment 1,523 0 0 1,523
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 84,252     84,252
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 9,815 3,015    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,433     1,433
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 38,448 290   38,158
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 201,079 3,305 0 190,974
25 Contributions, gifts, grants paid........ 1,809,620 1,809,620
26 Total expenses and disbursements. Add lines 24 and 25 2,010,699 3,305 0 2,000,594
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -146,622
b Net investment income (if negative, enter -0-) 1,860,772
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.......... 305,534 3,093,056 3,093,056
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)........ 17,137,270 Click to see attachment14,203,126 21,335,410
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) 17,442,804 17,296,182 24,428,466
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
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.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 17,442,804 17,296,182
30 Total net assets or fund balances (see page 17 of the
instructions).................... 17,442,804 17,296,182
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 17,442,804 17,296,182
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 17,442,804
2 Enter amount from Part I, line 27a..................... 2 -146,622
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 17,296,182
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 17,296,182
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 Publicly-traded Securities      
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 4,649,620   2,958,062 1,691,558
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        
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 1,691,558
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 3,041,277 23,215,890 0.131
2011 2,418,678 22,895,862 0.105638
2010 1,784,442 27,173,598 0.065668
2009 1,742,622 24,600,504 0.070837
2008 1,716,310 23,405,369 0.07333
2 Total of line 1, column (d) ...................... 2 0.446473
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 0.089295
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 24,104,460
5 Multiply line 4 by line 3....................... 5 2,152,408
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 18,608
7 Add lines 5 and 6......................... 7 2,171,016
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,000,594
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 37,215
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  
3 Add lines 1 and 2............................ 3 37,215
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 37,215
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 14,400
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 22,815
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 37,215
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 11  
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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 addressbullet  
    14
    The books are in care ofbulletFOUNDATION SOURCE Telephone no.bullet (800) 839-1754
    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
     
     
    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
    Andrew M BoasClick to see attachment Co-Pres / Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Carol A BoasClick to see attachment Treas / Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Carol L BoasClick to see attachment Sec / Assistant Treas / Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Rick BoasClick to see attachment VP / Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Marjorie Boas-LevinsClick to see attachment Chairman / Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Mark ClasterClick to see attachment Co-Pres / Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Susan B ClasterClick to see attachment VP / Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Jack LevinsClick to see attachment Asst Sec/Asst TreaS
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
    Ms Susan Shankman PROGRAM ADMIN
    40.0     		60,946    
    575 RIVERSIDE AVE STE 202A
    Westport,CT06880
    Total number of other employees paid over $50,000...................bullet  
    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
    Marks Family Foundation Philanthropic 83,189
    900 Third Avenue 33rd Fl
    New York,NY10022
    Total number of others receiving over $50,000 for professional services.............bullet  
    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.........................bullet  
    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
    1,205,223
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    37,215
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    37,215
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,168,008
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,168,008
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    1,168,008
    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 1,168,008
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only.......  
    b Total for prior years:2011, 2010, 2009  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011....... 1,089,026
    e From 2012....... 1,895,514
    fTotal of lines 3a through e......... 2,984,540
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 2,000,594
    a Applied to 2012, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2013 distributable amount..... 1,168,008
    e Remaining amount distributed out of corpus 832,586
    5 Excess distributions carryover applied to 2013.    
    (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 3,817,126
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    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) .............     		 
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		3,817,126
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011.... 1,089,026
    d Excess from 2012.... 1,895,514
    e Excess from 2013.... 832,586
    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).)
    ANDREW M BOAS
    MARK CLASTER
    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
    A BETTER CHANCE OF WESTPORT INC
    PO BOX 2153
    WESTPORT,CT06880     		N/A PC General & Unrestricted 500
    ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSn
    PO BOX 96011
    WASHINGTON,DC20090     		N/A PC General & Unrestricted 1,000
    AMERICAN CANCER SOCIETY
    250 WILLIAMS ST
    ATLANTA,GA30303     		N/A PC The Fresh Meadow Country Club's Babes Against Cancer campaign 500
    AM COMMITTEE FOR THE WEIZMANN INSTITUTE OF Science
    633 3RD AVE FL 20
    NEW YORK,NY10017     		N/A PC General & Unrestricted 1,000
    AMERICAN DIABETES ASSOCIATION INC
    55 E MONROE ST ste 3420
    CHICAGO,IL60603     		N/A PC General & Unrestricted 1,000
    AMERICAN FRIENDS OF SHALVA ISRAEL INC
    315 5TH AVE FL 6
    NEW YORK,NY10016     		N/A PC General & Unrestricted 25,000
    AMERICAN FRIENDS OF SHALVA ISRAEL INC
    315 5TH AVE FL 6
    NEW YORK,NY10016     		N/A PC Final grant for the capital campaign 50,000
    AMERICAN FRIENDS OF THE HEBREW UNIVERSITY INC
    ONE BATTERY PARK PLZ 25TH FL
    NEW YORK,NY10004     		N/A PC General & Unrestricted 3,000
    AM FRIENDS OF THE ISRAEL PHILHARMONIC ORCHEStra
    122 E 42ND ST RM 4507
    NEW YORK,NY10168     		N/A PC General & Unrestricted 2,500
    AM FRIENDS OF THE SOROKA MEDICAL CTR OF the negev
    PO BOX 184H
    SCARSDALE,NY10583     		N/A PC General & Unrestricted 1,800
    AM SOCIETY FOR TECHNION- ISRAEL INSTITUTE OF tech
    55 E 59TH ST
    NEW YORK,NY10022     		N/A PC General & Unrestricted 1,000
    AMERICARES FOUNDATION INC
    88 HAMILTON AVE
    STAMFORD,CT06902     		N/A PC General & Unrestricted 15,000
    ANN & ROBERT H LURIE CHILDRENS HOSPITAL OF CHI
    225 E CHICAGO AVE BOX 4
    CHICAGO,IL60611     		N/A PC Patient Emergency Fund 40,000
    ANN & ROBERT H LURIE CHILDRENS HOSPITAL OF CHI
    225 E CHICAGO AVE BOX 4
    CHICAGO,IL60611     		N/A PC Strengthening Chicago's Youth Program 5,000
    ANTI-DEFAMATION LEAGUE
    605 3RD AVE
    NEW YORK,NY10158     		N/A PC General & Unrestricted 1,000
    ANTI-DEFAMATION LEAGUE OF BNAI BRITH
    1952 WHITNEY AVE 3RD FL
    HAMDEN,CT06517     		N/A PC General & Unrestricted 5,000
    APPALACHIAN MOUNTAIN CLUB
    5 JOY ST
    BOSTON,MA02108     		N/A PC Trail Maintenance Youth Program 5,000
    ARBOR BROTHERS INC
    56 E 126TH ST ste 1
    NEW YORK,NY10035     		N/A PC General & Unrestricted 10,000
    ARTHRITIS FOUNDATION INC
    122 E 42ND ST FL 18
    NEW YORK,NY10168     		N/A PC General & Unrestricted 100
    B'NAI B'RITH INTERNATIONAL
    134 N LASALLE ST ste 1530
    CHICAGO,IL60602     		N/A PC General & Unrestricted 300
    BE THE MATCH FOUNDATION
    3001 BROADWAY ST NE STE 601
    MINNEAPOLIS,MN55413     		N/A PC General & Unrestricted 5,000
    BI CULTURAL DAY SCHOOL
    2186 HIGH RIDGE RD
    STAMFORD,CT06903     		N/A PC Ayelet Yardena Wiederhorn Bat Mitzvah Fund 180
    BRANDEIS UNIVERSITY
    MS 027 415 S ST
    WALTHAM,MA02453     		N/A PC SCHOLARSHIP FUND 1,000
    BUILDERS BEYOND BORDERS
    8 WILLARD RD
    NORWALK,CT06851     		N/A PC General & Unrestricted 3,950
    CENTER FOR JEWISH HISTORY INC
    15 W 16TH ST
    NEW YORK,NY10011     		N/A PC General & Unrestricted 5,000
    CHERRY CREEK SCHOOLS FOUNDATION
    4700 S YOSEMITE ST STE 1
    GREENWOOD VILLAGE,CO80111     		N/A PC General & Unrestricted 15,000
    CHILD ABUSE PREVENTION SERVICES INC
    PO BOX 176
    ROSLYN,NY11576     		N/A PC General & Unrestricted 300
    CHILDRENS MEDICAL FUND OF NEW YORK
    300 ROBBINS LN
    SYOSSET,NY11791     		N/A PC General & Unrestricted 1,000
    CLASP HOMES INC
    246 POST RD E
    WESTPORT,CT06880     		N/A PC General & Unrestricted 5,300
    CNATURENET
    808 14TH AVE SE
    MINNEAPOLIS,MN55414     		N/A PC General & Unrestricted 5,000
    CONNECTICUT COALITION FOR ACHIEVEMENT NOW INC
    85 WILLOW ST
    NEW HAVEN,CT06511     		N/A PC General & Unrestricted 50,000
    CONNECTICUT COALITION FOR ACHIEVEMENT NOW INC
    85 WILLOW ST
    NEW HAVEN,CT06511     		N/A PC Charitable Event 1,000
    CONNECTICUT COMMUNITY FOUNDATION INC
    43 FIELD ST
    WATERBURY,CT06702     		N/A PC Give Local Brass City Charter School Fund 5,000
    CONNECTICUT FOOD BANK INC
    PO BOX 8686
    NEW HAVEN,CT06512     		N/A PC General & Unrestricted 5,000
    CONNECTICUT HOSPICE INC
    100 DOUBLE BEACH RD
    BRANFORD,CT06405     		N/A PC Fay Fund 20,000
    CONNECTICUT VETERANS LEGAL CENTER
    114 ORANGE AVE 2ND FL
    WEST HAVEN,CT06516     		N/A PC General & Unrestricted 500
    CORNELL UNIVERSITY
    260 DAY HALL
    ITHACA,NY14853     		N/A PC Summer School-AF Brooklyn Program SCHOLARSHIP FUND 6,020
    CORNELL UNIVERSITY
    260 DAY HALL
    ITHACA,NY14853     		N/A PC Scholarship Fund 250,000
    CREATIVE VISIONS FOUNDATION
    18820 PACIFIC COAST HWY STE 201
    MALIBU,CA90265     		N/A PC Cardboard Challenge Project 1,000
    CROHNS & COLITIS FOUNDATION OF AMERICA
    733 3RD AVE
    NEW YORK,NY10017     		N/A PC General & Unrestricted 3,500
    CT AGAINST GUN VIOLENCE EDUCATION FUND INC
    PO BOX 523
    SOUTHPORT,CT06890     		N/A PC General & Unrestricted 1,000
    CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION INC
    625 JAMAICA AVE
    BROOKLYN,NY11208     		N/A PC Moving Towards Achievement Program 50,000
    CYSTIC FIBROSIS FOUNDATION
    424 MADISON AVE 6TH FL
    NEW YORK,NY10017     		N/A PC General & Unrestricted 100
    DOCTORS WITHOUT BORDERS USA INC
    333 7TH AVE 2ND FL
    NEW YORK,NY10001     		N/A PC General & Unrestricted 15,000
    DOMUS KIDS INC
    83 LOCKWOOD AVE
    STAMFORD,CT06902     		N/A PC General & Unrestricted 2,500
    DONORSCHOOSE ORG
    134 W 37TH ST 11TH FL
    NEW YORK,NY10018     		N/A PC General & Unrestricted 5,000
    ECHOING GREEN FOUNDATION
    494 8TH AVE ste 2
    NEW YORK,NY10001     		N/A PC General & Unrestricted 1,000
    EGLEVSKY BALLET COMPANY OF LI INC
    700 HICKSVILLE RD STE 102
    BETHPAGE,NY11714     		N/A PC General & Unrestricted 500
    FIVER CHILDRENS FOUNDATION INC
    519 8TH AVE 24TH FL
    NEW YORK,NY10028     		N/A PC Step Up to High School and Beyond Program 50,000
    FJC
    520 8TH AVE FL 20
    NEW YORK,NY10018     		N/A PC Pink Aid-Ken Olson program 250
    FRACTURED ATLAS INC
    248 W 35TH ST 10TH FLR
    NEW YORK,NY10001     		N/A PC Loft Opera Project 2,500
    FRESH AIR FUND
    633 3RD AVE
    NEW YORK,NY10017     		N/A PC General & Unrestricted 100
    FRIENDS OF BAXTER STATE PARK
    PO BOX 609
    UNION,ME04862     		N/A PC General & Unrestricted 750
    FRIENDS OF BURLEY
    1630 W BARRY AVE
    CHICAGO,IL60657     		N/A PC General & Unrestricted 25,000
    FRIENDS OF THE CHILDREN NEW YORK
    PO BOX 1649
    NEW YORK,NY10026     		N/A PC support for a Friend Program 50,000
    FRIENDS OF THE ISRAEL DEFENSE FORCES
    1430 BROADWAY RM 1301
    NEW YORK,NY10018     		N/A PC Impact Scholarship Fund 4,000
    FRIENDS OF THE NORWALK RIVER VALLEY TRAIL INC
    115 NOD HILL RD
    RIDGEFIELD,CT06877     		N/A PC General & Unrestricted 250
    FRIENDS OF YEMIN ORDE INC
    12230 WILKINS AVE
    ROCKVILLE,MD20852     		N/A PC General & Unrestricted 10,000
    FRIENDS OF YEMIN ORDE INC
    12230 WILKINS AVE
    ROCKVILLE,MD20852     		N/A PC Graduates Program 50,000
    FUTURES WITHOUT VIOLENCE
    100 MONTGOMERY ST
    SAN FRANCISCO,CA94129     		N/A PC General & Unrestricted 5,000
    GLOBAL JUSTICE ECOLOGY PROJECT INC
    230 N ST
    BUFFALO,NY14201     		N/A PC General & Unrestricted 10,000
    G RICHARDS L POLATSCH & S WEINGARD MEmorial fd
    4 EDGEWOOD DR
    RYE BROOK,NY10573     		N/A PC General & Unrestricted 1,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    51 AUSTIN ST
    DANBURY,CT06810     		N/A PC General & Unrestricted 5,000
    HELEN KELLER INTERNATIONAL INC
    352 PARK AVE S STE 1200
    NEW YORK,NY10010     		N/A PC ChildSight Program 20,000
    HILLEL FOUNDATION AT TUFTS UNIVERSITY
    220 PACKARD AVE
    MEDFORD,MA02155     		N/A PC General & Unrestricted 250
    HILLEL THE FOUNDATION FOR JEWISH CAMPUS LIFE
    G-34 Anabel Taylor Hall
    ITHACA,NY14853     		N/A PC General & Unrestricted 1,000
    HOFSTRA UNIVERSITY - SCHOOL OF LAW
    121 HOFSTRA UNIVERSITY RM 029L
    HEMPSTEAD,NY11549     		N/A PC Alan N. Resnick Endowed Scholarship Fund 5,000
    HOLE IN THE WALL GANG FUND INC
    555 LONG WHARF DR
    NEW HAVEN,CT06511     		N/A PC Charitable Event 1,800
    HOMES WITH HOPE INC
    49 RICHMONDVILLE AVE STE 112
    WESTPORT,CT06880     		N/A PC General & Unrestricted 2,500
    HORACE MANN SCHOOL
    231 W 246TH ST
    BRONX,NY10471     		N/A PC Drama Department fund 5,000
    HORN OF AFRICA EDUCATION DEVELOPMENT FUND
    446 Main St ste 8
    WORCESTER,MA01608     		N/A PC General & Unrestricted 2,500
    HUMAN RIGHTS WATCH INC
    350 5TH AVE FL 34
    NEW YORK,NY10118     		N/A PC General & Unrestricted 5,000
    INTERFAITH NUTRITION NETWORK
    211 FULTON AVE
    HEMPSTEAD,NY11550     		N/A PC The INNkeeper's Ball 2014 Program 3,250
    INTERNATIONAL RESCUE COMMITTEE INC
    122 E 42ND ST
    NEW YORK,NY10168     		N/A PC General & Unrestricted 10,000
    ITHACA COLLEGE
    953 DANBY RD
    ITHACA,NY14850     		N/A PC Jewish Studies Program 10,000
    ITNCOASTALCT INC
    303 LINWOOD AVE
    FAIRFIELD,CT06824     		N/A PC General & Unrestricted 500
    J P HAITIAN RELIEF ORGANIZATION
    6464 W SUNSET BLVD STE 1170
    LOS ANGELES,CA90028     		N/A PC Charitable Event 10,000
    JEWISH CHILD CARE ASSOCIATION OF NEW YORK
    858 E 29TH ST
    BROOKLYN,NY11210     		N/A PC General & Unrestricted 500
    JEWISH FEDERATION OF PALM BEACH COUNTY INC
    4601 COMMUNITY DR
    WEST PALM BEACH,FL33417     		N/A PC General & Unrestricted 10,000
    JEWISH HOME LIFECARE MANHATTAN
    120 W 106TH ST
    NEW YORK,NY10025     		N/A PC Geriatric Career Development Program 50,000
    JOBS FOR AMERICAS GRADUATES INC
    1729 KING ST STE 100
    ALEXANDRIA,VA22314     		N/A PC JAG - connecticut Division 10,000
    JUILLIARD SCHOOL
    60 LINCOLN CENTER PLZA RM 225
    NEW YORK,NY10023     		N/A PC Chamber Music Program 1,000
    JUMOKE ACADEMY INC
    834 ASYLUM AVE
    HARTFORD,CT06105     		N/A PC FUSE, Inc. Fund 15,000
    KIDS IN DISTRESSED SITUATIONS INC
    112 W 34TH ST FL 22
    NEW YORK,NY10120     		N/A PC General & Unrestricted 2,500
    KIDS OF NYU FOUNDATION INC
    ONE PARK AVE OFC OF DEVELOPMent
    NEW YORK,NY10011     		N/A PC Charitable Event 5,000
    KOREA FOUNDATION FOR WOMEN
    5f korea fdn for women bldg 448-17
    seoul,SEOGY122-7
    KS     		N/A PC general & unrestricted 28,050
    KOREA FOUNDATION FOR WOMEN
    5f korea fdn for women bldg 448-17
    seoul,SEOGY122-7
    KS     		N/A PC general & unrestricted 85,179
    LEARNING ALLY
    20 ROSZEL RD
    PRINCETON,NJ08540     		N/A PC General & Unrestricted 2,500
    LEAVE OUT VIOLENCE LOVE US INC
    32 W 28TH ST FL 3
    NEW YORK,NY10001     		N/A PC General & Unrestricted 300
    LEUKEMIA & LYMPHOMA SOCIETY INC
    1311 MAMARONECK AVE STE 310
    WHITE PLAINS,NY10605     		N/A PC General & Unrestricted 100
    LEUKEMIA & LYMPHOMA SOCIETY INC
    61 BROADWAY STE 400
    NEW YORK,NY10006     		N/A PC General & Unrestricted 200
    MARCH OF DIMES FOUNDATION
    1275 MAMARONECK AVE
    WHITE PLAINS,NY10605     		N/A PC General & Unrestricted 25,000
    MEDIA ISLAND INTERNATIONAL DTD 0391
    PO BOX 7204
    OLYMPIA,WA98507     		N/A PC Black Mesa Indigenous Support Program 8,000
    MEMORIAL SLOAN KETTERING CANCER CENTER
    1275 YORK AVE
    NEW YORK,NY10065     		N/A PC Cycle for Survival Program 500
    MORRYS CAMP INC
    350 EXECUTIVE BLVD
    ELMSFORD,NY10523     		N/A PC General & Unrestricted 5,000
    MORSELIFE FOUNDATION INC
    4847 FRED GLADSTONE DR
    WEST PALM BCH,FL33417     		N/A PC General & Unrestricted 1,000
    MOUNT SINAI SCHOOL OF MEDICINE OF NY UNIVERSity
    ONE GUSTAVE L LEVY PL
    NEW YORK,NY10029     		N/A PC Department of Ophthalmology 2,500
    NATL CoMMiTtee FOR THE PREVENTION OF ELDER Abuse
    1730 RHODE ISLAND AVE NW
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 2,500
    NATIONAL COUNCIL OF JEWISH WOMEN INCORPORATED
    475 RIVERSIDE DR STE 1901
    NEW YORK,NY10115     		N/A PC General & Unrestricted 350
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    40 MARCUS DR STE 100
    MELVILLE,NY11747     		N/A PC General & Unrestricted 5,000
    NATIONAL RESEARCH FUND FOR TICK BORNE DISEASES INC
    PO BOX 643
    WILTON,CT06897     		N/A PC General & Unrestricted 10,000
    NEW ENGLAND HEBREW FARMERS OF THE EMANUEL SOCIETY
    3215 NETHERLAND AVE APT 3F
    RIVERDALE,NY10463     		N/A PC General & Unrestricted 1,000
    NEW ENGLAND HEBREW FARMERS OF THE EMANUEL SOCIETY
    3215 NETHERLAND AVE APT 3F
    RIVERDALE,NY10463     		N/A PC Strategic Planning Project 2,500
    NEW HEIGHTS YOUTH INC
    2576 BROADWAY PMB 213
    NEW YORK,NY10025     		N/A PC College Assistance Program 40,000
    NEW YORK NEEDS YOU INC
    589 8TH AVE 5TH FL
    NEW YORK,NY10018     		N/A PC General & Unrestricted 7,500
    NEW YORK PRESBYTERIAN HOSPITAL
    525 E 68TH ST BOX 123
    NEW YORK,NY10032     		N/A PC General & Unrestricted 1,000
    NEW YORK ROAD RUNNERS INC
    9 E 89TH ST
    NEW YORK,NY10128     		N/A PC NY Marathon Fund 256
    NORTH SHORE LONG ISLAND JEWISH HEALTH SYSTEM FDn
    972 BRUSH HOLLOW RD 5TH FL
    WESTBURY,NY11590     		N/A PC Annual Fund 10,000
    NORTH SHORE LONG ISLAND JEWISH HEALTH SYSTEM FDn
    972 BRUSH HOLLOW RD 5TH FL
    WESTBURY,NY11590     		N/A PC Leadership Gift for the Annual Fund 7,500
    NORTH SHORE LONG ISLAND JEWISH HEALTH SYSTEM FDn
    972 BRUSH HOLLOW RD 5TH FL
    WESTBURY,NY11590     		N/A PC Adopt-A-Family Program 500
    NORTH SHORE LONG ISLAND JEWISH HEALTH SYSTEM FDn
    972 BRUSH HOLLOW RD 5TH FL
    WESTBURY,NY11590     		N/A PC The Richard Goldstein Administrative Fellowship Program 5,000
    NORTH SHORE LONG ISLAND JEWISH HEALTH SYSTEM FDn
    972 BRUSH HOLLOW RD 5TH FL
    WESTBURY,NY11590     		N/A PC Early Career Award, Advancing Women in Science and Medicine 2,500
    NURSE FAMILY PARTNERSHIP
    1900 GRANT ST NO 400
    DENVER,CO80203     		N/A PC General & Unrestricted 5,000
    OPERATION FUEL INC
    75 CHARTER OAK AVE
    HARTFORD,CT06106     		N/A PC General & Unrestricted 5,000
    OPERATION MILITARY EMBRACE INC
    21307 CYPRESS ROSEHILL RD
    TOMBALL,TX77377     		N/A PC Walk Off The War Program 5,000
    OXALOSIS AND HYPEROXALURIA FOUNDATION
    201 E 19TH ST
    NEW YORK,NY10003     		N/A PC General & Unrestricted 700
    P E F ISRAEL ENDOWMENT FUNDS INC
    317 MADISON AVE STE 607
    NEW YORK,NY10017     		N/A PC Israel Free Loan Association fund 10,000
    PALM BEACH OPERA INC
    415 S OLIVE AVE
    WEST PALM BCH,FL33401     		N/A PC General & Unrestricted 5,000
    PAN MASSACHUSETTS CHALLENGE TRUST
    77 4TH AVE
    NEEDHAM,MA02494     		N/A PC General & Unrestricted 500
    PARTNERS IN HEALTH A NONPROFIT CORPORATION
    888 COMMONWEALTH AVE 3RD FL
    BOSTON,MA02215     		N/A PC General & Unrestricted 5,000
    PARTNERSHIP FOR THE HOMELESS
    305 7TH AVE 13TH FL
    NEW YORK,NY10001     		N/A PC General & Unrestricted 250
    PLANNED PARENTHOOD OF S FL AND THE TREASUre coast
    2300 N FLORIDA MANGO RD
    WEST PALM BCH,FL33409     		N/A PC General & Unrestricted 250
    POPULATION COUNCIL INC
    1 DAG HAMMARSKJOLD PLZ FL 9
    NEW YORK,NY10017     		N/A PC General & Unrestricted 3,000
    POSITIVE DIRECTIONS- CTR FOR PREVENTION & recovery
    420 POST RD W
    WESTPORT,CT06880     		N/A PC General & Unrestricted 250
    ROCKING THE BOAT INC
    812 EDGEWATER RD
    BRONX,NY10474     		N/A PC Alumni Services Fund 50,000
    ROCKING THE BOAT INC
    812 EDGEWATER RD
    BRONX,NY10474     		N/A PC start-up support for the hire of a Deputy director 34,125
    SAVE THE CHILDREN FEDERATION INC
    501 KINGS HWY E STE 400
    FAIRFIELD,CT06825     		N/A PC My First Baby in Nepal Project 25,000
    SEVA FOUNDATION
    1786 5TH ST
    BERKELEY,CA94710     		N/A PC Mahendranagar Secondary Eye Hospital and Bharatpur Eye Hospital 75,000
    SOUTH EAST CONSORTIUM FOR SPECIAL SERVICES INC
    740 W BOSTON POST RD
    MAMARONECK,NY10543     		N/A PC General & Unrestricted 20,000
    SOUTH EAST CONSORTIUM FOR SPECIAL SERVICES INC
    740 W BOSTON POST RD
    MAMARONECK,NY10543     		N/A PC Richard Schapiro Campaign 200
    ST JUDE CHILDRENS RESEARCH HOSPITAL INC
    262 DANNY THOMAS PL MSC 509
    MEMPHIS,TN38105     		N/A PC General & Unrestricted 100
    STAR FOUNDATION INC
    182 WOLFPIT AVE
    NORWALK,CT06851     		N/A PC General & Unrestricted 1,000
    STONY BROOK FOUNDATION INC
    230 ADMINISTRATION BLDG
    STONY BROOK,NY11794     		N/A PC Staller Center for the Arts Fund 500
    TEMPLE BETH EL OF GREAT NECK
    5 OLD MILL RD
    GREAT NECK,NY11023     		N/A PC Rabbi's Circle Silver Fund 12,500
    TEMPLE BETH EL OF GREAT NECK
    5 OLD MILL RD
    GREAT NECK,NY11023     		N/A PC Robert Boas Music Fund 500
    TEMPLE BETH EL OF GREAT NECK
    5 OLD MILL RD
    GREAT NECK,NY11023     		N/A PC The Brotherhood Program 60
    THANKS TO SCANDINAVIA INC
    745 5TH AVE
    GREAT NECK,NY10151     		N/A PC General & Unrestricted 1,000
    THE CONSERVATIVE SYNAGOGUE INC
    30 HILLSPOINT RD
    WESTPORT,CT06880     		N/A PC Share the Pie Project 400
    THE CONSERVATIVE SYNAGOGUE INC
    30 HILLSPOINT RD
    WESTPORT,CT06880     		N/A PC Kol Nidre Initiative 10,000
    THE FOUNDATION FOR AIDS RESEARCH
    120 WALL ST 13TH FL
    NEW YORK,NY10005     		N/A PC General & Unrestricted 150
    THE JEWISH HIGH SCHOOL OF CONNECTICUT INC
    360 AMITY RD
    WOODBRIDGE,CT06525     		N/A PC General & Unrestricted 5,000
    THE METROPOLITAN MUSEUM OF ART
    1000 5TH AVE
    NEW YORK,NY10028     		N/A PC General & Unrestricted 200
    THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC
    383 MAIN AVE 5TH FL
    NORWALK,WA06851     		N/A PC General & Unrestricted 5,000
    THE NY PUBLIC LIBRARY ASTOR LENOX AND TILDEN fdn
    5TH AVE AND 42ND ST
    NEW YORK,NY10018     		N/A PC General & Unrestricted 150
    TOURETTE SYNDROME ASSOCIATION INC
    42-40 BELL BLVD
    BAYSIDE,NY11361     		N/A PC General & Unrestricted 1,000
    TOWN OF PALM BEACH UNITED WAY INC
    44 COCOANUT ROW STE 201
    PALM BEACH,FL33480     		N/A PC General & Unrestricted 1,000
    TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF Ny
    622 W 113TH ST MC4520
    NEW YORK,NY10025     		N/A PC Research and Patient Care Fund run by Michio Hirano, MD, Department of Neurology 5,000
    TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF Ny
    622 W 113TH ST MC4520
    NEW YORK,NY10025     		N/A PC Lyme Evaluation Service Fund 10,000
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
    100 E NORTHWESTERN AVE
    PHILADELPHIA,PA19118     		N/A PC School of Nursing Division 1,000
    UJA-FEDERATION WESTPORT-WESTON-WILTON-NORWALK
    431 POST RD E STE 17
    WESTPORT,CT06880     		N/A PC 2013 Campaign 10,000
    UNITED JEWISH APPEAL FED OF JEWISH PHILANTHropies
    130 E 59TH ST
    NEW YORK,NY10022     		N/A PC General & Unrestricted 142,500
    UNITED JEWISH APPEAL FED OF JEWISH PHILANTHropies
    130 E 59TH ST
    NEW YORK,NY10022     		N/A PC Annual Fund and Lions of Judea program 42,000
    UNITED STATES COMMITTEE SPORTS FOR ISRAEL INC
    1926 ARCH ST
    PHILADELPHIA,PA19103     		N/A PC Maccabi USA Program 150
    UNITED STATES HOLOCAUST MEMORIAL MUSEUM
    100 RAOUL WALLENBERG PL SW
    WASHINGTON,DC20024     		N/A PC General & Unrestricted 500
    UNITED STATES HOLOCAUST MEMORIAL MUSEUM
    100 RAOUL WALLENBERG PL SW
    WASHINGTON,DC20024     		N/A PC Charitable Event 5,000
    UNITED WAY OF COASTAL FAIRFIELD COUNTY INC
    855 MAIN ST FL 10
    BRIDGEPORT,CT06604     		N/A PC General & Unrestricted 20,000
    UNIVERSITY OF PENNSYLVANIA SCHOOL OF NURSING
    418 CURIE BLVD
    PHILADELPHIA,PA19104     		N/A PC annual Fund 2,500
    UNIVERSITY SETTLEMENT SOCIETY OF NEW YORK
    184 ELDRIDGE ST 3RD FL
    NEW YORK,NY10002     		N/A PC General & Unrestricted 2,000
    WALL STREET SYNAGOGUE INC
    47 BEEKMAN ST
    NEW YORK,NY10038     		N/A PC Yahrzeit Lighting Fund 100
    WASHINGTON INSTITUTE FOR NEAR EAST POLICY
    1828 L ST NW STE 1050
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 2,500
    WEST SIDE MONTESSORI
    74 DEXTER ST
    PROVIDENCE,RI02909     		N/A PC General & Unrestricted 500
    WESTPORT ARTS CENTER
    51 RIVERSIDE AVE
    WESTPORT,CT06880     		N/A PC Art Center Veterans Program in Bridgeport 3,000
    WESTPORT LIBRARY ASSOC
    20 JESUP RD
    WESTPORT,CT06880     		N/A PC General & Unrestricted 10,000
    WILDERNESS ON WHEELS FOUNDATION
    PO BOX 1007
    WHEAT RIDGE,CO80034     		N/A PC General & Unrestricted 2,500
    WILTON LAND CONSERVATION TRUST
    PO BOX 77
    WILTON,CT06897     		N/A PC General & Unrestricted 150
    WILTON LIBRARY ASSOCIATION INCORPORATED
    137 OLD RIDGEFIELD RD
    WILTON,CT06897     		N/A PC General & Unrestricted 1,000
    WILTON VOLUNTEER AMBULANCE CORPS INC
    PO BOX 216
    WILTON,CT06897     		N/A PC General & Unrestricted 250
    Total .................................bullet 3a 1,809,620
    bApproved for future payment
    Total .................................bullet 3b  
    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 ............     		    14 296  
    4 Dividends and interest from securities....     14 172,223  
    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 1,691,558  
    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)..   1,864,077  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,864,077
    (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 CompensationExplanation
    Name:
    The Carl Marks Foundation Inc
    EIN: 13-6169215
    Person Name Explanation
    Marjorie Boas-Levins *Removed from foundation in FYE 2014

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

    TY 2013 DepreciationSchedule
    Name:
    The Carl Marks Foundation Inc
    EIN: 13-6169215
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    The Carl Marks Foundation Inc
    EIN: 13-6169215
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BARON FOCUSED GROWTH FD 661,380 1,263,400
    BERKSHIRE HATHAWAY INC CL B 610,384 1,012,480
    CENOVUS ENERGY INC 39,805 215,843
    CRIMSON WINE GROUP, LTD 90,550 225,617
    CUBAN ELECTRIC CO 0 0
    ENCANA CORP 268,204 395,198
    FOREST CITY ENTERPRISES CL A 2,589,152 1,575,691
    FRANCISCO IND INC 1,767 176
    KANSAS CITY SOUTHERN 530,682 2,936,958
    LEUCADIA NATL CORP 5,863,003 9,934,758
    U S G CP 3,548,199 3,775,289

    TY 2013 InvestmentsLandSchedule2
    Name:
    The Carl Marks Foundation Inc
    EIN: 13-6169215
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value

    TY 2013 LandEtcSchedule2
    Name:
    The Carl Marks Foundation Inc
    EIN: 13-6169215
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value


    TY 2013 LegalFeesSchedule
    Name:
    The Carl Marks Foundation Inc
    EIN: 13-6169215
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    General Consultations 1,523     1,523


    TY 2013 OtherExpensesSchedule
    Name:
    The Carl Marks Foundation Inc
    EIN: 13-6169215
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 37,353     37,353
    Bank Charges 290 290    
    CREDIT CARD FEE 55     55
    State or Local Filing Fees 750     750


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    The Carl Marks Foundation Inc
    EIN: 13-6169215
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PHILANTHROPIC SERVICES 84,252     84,252


    TY 2013 TaxesSchedule
    Name:
    The Carl Marks Foundation Inc
    EIN: 13-6169215
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2014 6,800      
    Foreign Tax Paid 3,015 3,015