TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2014

Open to Public Inspection

For calendar year 2014, or tax year beginning 2014, and ending , 20

Name of foundation
CAL FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)C/O SACKS PRESS LACHER 600 THIRDAVENURoom/suite

City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10016

A Employer identification number

13-6083347

B Telephone number (see instructions)

(212) 682-6640

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$4,773,396J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	36,116		36,116
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		777,731
b	Gross sales price for all assets on line 6a 1,836,509
7	Capital gain net income (from Part IV, line 2)...			777,731
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........	813,847		813,847
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).......		5,217	5,217	0
c	Other professional fees (attach schedule)....		28,260	28,260	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		12,121	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		250	250	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	45,848		33,727	0
25	Contributions, gifts, grants paid........	226,000			226,000
26	Total expenses and disbursements. Add lines 24 and 25	271,848		33,727	226,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	541,999
b	Net investment income (if negative, enter -0-)			780,120
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2014)

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	15,522	25,890	25,890
	2	Savings and temporary cash investments..........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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)........	2,402,478	2,934,109	4,747,506
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,418,000	2,959,999	4,773,396
	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 )
	23	Total liabilities (add lines 17 through 22)..........	0	0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	486,677	486,677
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	1,931,323	2,473,322
	30	Total net assets or fund balances (see instructions)......	2,418,000	2,959,999
	31	Total liabilities and net assets/fund balances (see instructions)..	2,418,000	2,959,999

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	2,418,000
2	Enter amount from Part I, line 27a.....................	2	541,999
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	2,959,999
5	Decreases not included in line 2 (itemize)	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	2,959,999

Form 990-PF (2014)

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	SCHWAB CHARLES CORP NEW -286 SHS	P	2014-03-10	2014-06-17
b	SCHWAB CHARLES CORP NEW -14 SHS	P	2014-03-11	2014-06-17
c	STRATASYS LTD -37 SHS	P	2014-01-22	2014-06-17
d	STRATASYS LTD -18 SHS	P	2014-01-23	2014-06-17
e	TWENTY-FIRST CENTURY FOX INC -158 SHS	P	2014-07-15	2014-07-16
	TWENTY-FIRST CENTURY FOX INC -409 SHS	P	2014-07-10	2014-07-16
	TWENTY-FIRST CENTURY FOX INC -507 SHS	P	2014-07-11	2014-07-16
	TWENTY-FIRST CENTURY FOX INC -349 SHS	P	2014-07-14	2014-07-16
	TWENTY-FIRST CENTURY FOX INC -3 SHS	P	2014-07-15	2014-07-16
	TWENTY-FIRST CENTURY FOX INC -365 SHS	P	2014-07-15	2014-07-17
	QUALCOMM INC -37 SHS	P	2014-01-22	2014-08-19
	VIACOM INC-CLASS B -69 SHS	P	2014-01-23	2014-08-19
	VIACOM INC-CLASS B -26 SHS	P	2014-01-22	2014-08-19
	VIACOM INC-CLASS B -48 SHS	P	2014-01-23	2014-08-19
	QUALCOMM INC -60 SHS	P	2014-01-22	2014-08-20
	QUALCOMM INC -101 SHS	P	2014-01-23	2014-08-20
	QUALCOMM INC -75 SHS	P	2014-01-23	2014-08-21
	QUALCOMM INC -77 SHS	P	2014-01-23	2014-08-22
	QUALCOMM INC -46 SHS	P	2014-01-23	2014-08-25
	QUALCOMM INC -84 SHS	P	2014-01-23	2014-08-26
	QUALCOMM INC -18 SHS	P	2014-01-23	2014-08-27
	QUALCOMM INC -16 SHS	P	2014-01-24	2014-08-27
	QUALCOMM INC -23 SHS	P	2014-01-24	2014-08-28
	QUALCOMM INC -81 SHS	P	2014-01-24	2014-08-29
	QUALCOMM INC -21 SHS	P	2014-01-24	2014-09-02
	QUALCOMM INC -8 SHS	P	2014-01-27	2014-09-02
	QUALCOMM INC -74 SHS	P	2014-01-27	2014-09-03
	PRECISION CASTPARTS CORP -13 SHS	P	2014-07-10	2014-10-21
	PRECISION CASTPARTS CORP -4 SHS	P	2014-07-11	2014-10-21
	PRECISION CASTPARTS CORP -9 SHS	P	2014-07-16	2014-10-21
	PRECISION CASTPARTS CORP -25 SHS	P	2014-07-17	2014-10-21
	ALLIANCE DATA SYS CORP -7 SHS	P	2014-02-24	2014-11-03
	CHIPOTLE MEXICAN GRILL INC -CL A -16 SHS	P	2012-10-15	2014-01-22
	GILEAD SCIENCES INC -141 SHS	P	2012-11-16	2014-01-22
	ILLUMINA INC -99 SHS	P		2014-01-22
	CHIPOTLE MEXICAN GRILL INC -CL A -32 SHS	P	2012-10-15	2014-01-23
	ILLUMINA INC -58 SHS	P	2011-08-29	2014-01-23
	ILLUMINA INC -90 SHS	P	2011-08-30	2014-01-23
	CHIPOTLE MEXICAN GRILL INC -CL A -25 SHS	P	2012-10-15	2014-01-24
	CHIPOTLE MEXICAN GRILL INC -CL A -7 SHS	P	2012-10-25	2014-01-24
	CHIPOTLE MEXICAN GRILL INC -CL A -25 SHS	P	2012-10-25	2014-01-27
	ILLUMINA INC -12 SHS	P	2011-08-29	2014-01-29
	ILLUMINA INC -58 SHS	P	2011-09-01	2014-01-29
	CHIPOTLE MEXICAN GRILL INC -CL A -25 SHS	P	2012-10-25	2014-02-06
	CHIPOTLE MEXICAN GRILL INC -CL A -6 SHS	P	2012-10-25	2014-02-07
	CHIPOTLE MEXICAN GRILL INC -CL A -13 SHS	P	2012-10-25	2014-02-10
	CHIPOTLE MEXICAN GRILL INC -CL A -14 SHS	P	2012-10-25	2014-02-11
	CHIPOTLE MEXICAN GRILL INC -CL A -13 SHS	P	2012-10-24	2014-02-12
	CHIPOTLE MEXICAN GRILL INC -CL A -1 SHS	P	2012-10-25	2014-02-12
	ILLUMINA INC -68 SHS	P	2011-09-01	2014-02-12
	ILLUMINA INC -8 SHS	P	2011-09-01	2014-02-13
	ILLUMINA INC -13 SHS	P	2011-09-02	2014-02-13
	ILLUMINA INC -58 SHS	P	2011-09-02	2014-02-13
	ILLUMINA INC -84 SHS	P	2012-04-18	2014-02-13
	CME GROUP INC -33 SHS	P	2010-02-02	2014-02-18
	CME GROUP INC -101 SHS	P	2013-01-24	2014-02-18
	CME GROUP INC -25 SHS	P	2013-01-23	2014-02-19
	CME GROUP INC -138 SHS	P	2013-01-24	2014-02-19
	CHIPOTLE MEXICAN GRILL INC -CL A -20 SHS	P	2012-10-24	2014-02-20
	CME GROUP INC -13 SHS	P	2012-02-07	2014-02-20
	CME GROUP INC -153 SHS	P	2013-01-23	2014-02-20
	CHIPOTLE MEXICAN GRILL INC -CL A -28 SHS	P	2012-10-24	2014-02-21
	CME GROUP INC -66 SHS	P	2012-02-06	2014-02-21
	CME GROUP INC -82 SHS	P	2012-02-07	2014-02-21
	CHIPOTLE MEXICAN GRILL INC -CL A -17 SHS	P	2012-10-24	2014-02-24
	CME GROUP INC -192 SHS	P	2012-02-06	2014-02-24
	CHIPOTLE MEXICAN GRILL INC -CL A -25 SHS	P	2012-10-24	2014-02-25
	CME GROUP INC -65 SHS	P	2012-02-06	2014-02-25
	CHIPOTLE MEXICAN GRILL INC -CL A -14 SHS	P	2012-10-24	2014-02-26
	CME GROUP INC -3 SHS	P	2012-02-03	2014-02-26
	CME GROUP INC -82 SHS	P	2012-02-06	2014-02-26
	CME GROUP INC -157 SHS	P	2012-02-03	2014-02-27
	CME GROUP INC -173 SHS	P	2011-08-29	2014-02-28
	CME GROUP INC -19 SHS	P	2005-04-05	2014-03-03
	CME GROUP INC -60 SHS	P	2011-08-09	2014-03-03
	CME GROUP INC -10 SHS	P	2011-08-10	2014-03-03
	CME GROUP INC -107 SHS	P	2011-08-29	2014-03-03
	CME GROUP INC -344 SHS	P	2005-04-05	2014-03-04
	CELGENE CORP -100 SHS	P	2008-01-29	2014-03-05
	CME GROUP INC -337 SHS	P	2005-04-05	2014-03-05
	CME GROUP INC -160 SHS	P	2009-03-03	2014-03-05
	CME GROUP INC -1 SHS	P	2009-03-02	2014-03-06
	CME GROUP INC -395 SHS	P	2009-03-03	2014-03-06
	CME GROUP INC -190 SHS	P	2009-03-02	2014-03-07
	CME GROUP INC -56 SHS	P	2009-03-02	2014-03-10
	CME GROUP INC -23 SHS	P	2009-03-02	2014-03-11
	INTUITIVE SURGICAL INC -21 SHS	P	2012-10-15	2014-04-07
	INTUITIVE SURGICAL INC -26 SHS	P	2012-10-15	2014-04-14
	INTUITIVE SURGICAL INC -11 SHS	P	2012-07-25	2014-04-15
	INTUITIVE SURGICAL INC -23 SHS	P	2012-07-30	2014-04-15
	INTUITIVE SURGICAL INC -19 SHS	P	2012-10-15	2014-04-15
	INTUITIVE SURGICAL INC -24 SHS	P	2012-07-25	2014-04-16
	INTUITIVE SURGICAL INC -5 SHS	P	2013-03-18	2014-04-16
	ALLERGAN INC -21 SHS	P	2011-03-16	2014-04-22
	ALLERGAN INC -49 SHS	P	2011-03-17	2014-04-22
	ALLERGAN INC -53 SHS	P	2009-06-01	2014-04-23
	ALLERGAN INC -143 SHS	P	2011-03-16	2014-04-23
	INTUITIVE SURGICAL INC -42 SHS	P	2013-03-18	2014-04-23
	INTUITIVE SURGICAL INC -16 SHS	P	2013-03-19	2014-04-23
	ALLERGAN INC -131 SHS	P	2009-06-01	2014-04-30
	ALLERGAN INC -73 SHS	P	2009-05-29	2014-05-01
	ALLERGAN INC -38 SHS	P	2009-06-01	2014-05-01
	AMERICAN TOWER CORP -77 SHS	P	2005-07-22	2014-05-06
	AMERICAN TOWER CORP -55 SHS	P	2011-03-28	2014-05-06
	AMERICAN TOWER CORP -28 SHS	P	2011-03-29	2014-05-06
	AMERICAN TOWER CORP -190 SHS	P	2011-03-29	2014-05-06
	INTUITIVE SURGICAL INC -22 SHS	P	2010-10-25	2014-05-06
	INTUITIVE SURGICAL INC -16 SHS	P	2013-03-19	2014-05-06
	VIACOM INC-CLASS B -37 SHS	P	2012-01-26	2014-05-06
	VIACOM INC-CLASS B -98 SHS	P	2012-01-30	2014-05-06
	VIACOM INC-CLASS B -93 SHS	P	2012-07-05	2014-05-06
	INTUITIVE SURGICAL INC -19 SHS	P	2010-10-25	2014-05-07
	INTUITIVE SURGICAL INC -22 SHS	P	2010-10-26	2014-05-07
	VIACOM INC-CLASS B -82 SHS	P	2012-01-30	2014-05-07
	INTUITIVE SURGICAL INC -11 SHS	P	2010-10-21	2014-05-08
	INTUITIVE SURGICAL INC -28 SHS	P	2010-10-26	2014-05-08
	GILEAD SCIENCES INC -41 SHS	P	2013-06-13	2014-06-16
	GILEAD SCIENCES INC -85 SHS	P	2013-06-14	2014-06-16
	ILLUMINA INC -53 SHS	P	2012-04-18	2014-06-16
	APPLE INC -154 SHS	P	2012-11-19	2014-06-17
	IHS INC-CLASS A -3 SHS	P	2012-06-22	2014-06-17
	IHS INC-CLASS A -47 SHS	P	2012-06-22	2014-06-17
	ILLUMINA INC -82 SHS	P	2012-04-18	2014-06-17
	T ROWE PRICE GROUP INC -9 SHS	P	2010-08-02	2014-06-17
	T ROWE PRICE GROUP INC -27 SHS	P	2010-08-04	2014-06-17
	VIACOM INC-CLASS B -92 SHS	P	2012-01-27	2014-06-17
	VIACOM INC-CLASS B -21 SHS	P	2012-01-30	2014-06-17
	VISA INC-CLASS A SHRS -30 SHS	P	2010-05-18	2014-06-17
	GILEAD SCIENCES INC -80 SHS	P	2013-06-17	2014-06-18
	GILEAD SCIENCES INC -58 SHS	P	2013-06-17	2014-06-19
	GILEAD SCIENCES INC -44 SHS	P	2013-06-17	2014-06-20
	VIACOM INC-CLASS B -137 SHS	P	2012-01-12	2014-07-10
	VIACOM INC-CLASS B -11 SHS	P	2012-01-27	2014-07-10
	VIACOM INC-CLASS B -114 SHS	P	2012-01-12	2014-07-11
	VIACOM INC-CLASS B -79 SHS	P	2012-07-06	2014-07-11
	VIACOM INC-CLASS B -14 SHS	P	2012-01-06	2014-07-14
	VIACOM INC-CLASS B -32 SHS	P	2012-07-06	2014-07-14
	VIACOM INC-CLASS B -94 SHS	P	2012-07-09	2014-07-14
	VIACOM INC-CLASS B -39 SHS	P	2012-01-06	2014-07-15
	VIACOM INC-CLASS B -152 SHS	P	2012-01-06	2014-07-15
	QUALCOMM INC -234 SHS	P	2006-09-18	2014-07-30
	QUALCOMM INC -121 SHS	P	2006-09-18	2014-08-04
	QUALCOMM INC -83 SHS	P	2006-09-18	2014-08-05
	QUALCOMM INC -103 SHS	P	2006-09-18	2014-08-06
	QUALCOMM INC -15 SHS	P	2005-04-25	2014-08-07
	QUALCOMM INC -189 SHS	P	2006-09-18	2014-08-07
	QUALCOMM INC -143 SHS	P	2005-04-25	2014-08-08
	VIACOM INC-CLASS B -178 SHS	P	2012-01-06	2014-08-08
	VIACOM INC-CLASS B -41 SHS	P	2012-01-11	2014-08-08
	QUALCOMM INC -86 SHS	P	2005-04-25	2014-08-11
	VIACOM INC-CLASS B -14 SHS	P	2012-01-10	2014-08-11
	VIACOM INC-CLASS B -134 SHS	P	2012-01-10	2014-08-11
	VIACOM INC-CLASS B -85 SHS	P	2012-01-11	2014-08-11
	QUALCOMM INC -56 SHS	P	2005-04-25	2014-08-12
	VIACOM INC-CLASS B -97 SHS	P	2012-01-09	2014-08-12
	VIACOM INC-CLASS B -103 SHS	P	2012-01-10	2014-08-12
	QUALCOMM INC -60 SHS	P	2005-04-25	2014-08-13
	VIACOM INC-CLASS B -192 SHS	P	2012-01-09	2014-08-13
	QUALCOMM INC -86 SHS	P	2005-04-25	2014-08-14
	VIACOM INC-CLASS B -164 SHS	P	2012-01-09	2014-08-14
	QUALCOMM INC -29 SHS	P	2005-04-25	2014-08-15
	VIACOM INC-CLASS B -62 SHS	P	2012-01-09	2014-08-15
	VIACOM INC-CLASS B -30 SHS	P	2012-01-13	2014-08-15
	VIACOM INC-CLASS B -91 SHS	P	2012-01-13	2014-08-15
	VIACOM INC-CLASS B -126 SHS	P	2012-01-13	2014-08-15
	GILEAD SCIENCES INC -164 SHS	P	2013-06-17	2014-08-18
	GILEAD SCIENCES INC -52 SHS	P	2013-06-18	2014-08-18
	GILEAD SCIENCES INC -54 SHS	P	2013-06-18	2014-08-18
	GILEAD SCIENCES INC -79 SHS	P	2013-06-19	2014-08-18
	QUALCOMM INC -129 SHS	P	2005-04-25	2014-08-18
	VIACOM INC-CLASS B -109 SHS	P	2012-01-13	2014-08-18
	QUALCOMM INC -46 SHS	P	2005-04-25	2014-08-19
	VIACOM INC-CLASS B -49 SHS	P	2012-01-13	2014-08-19
	GILEAD SCIENCES INC -17 SHS	P	2013-08-23	2014-09-03
	GILEAD SCIENCES INC -132 SHS	P	2013-08-26	2014-09-03
	GILEAD SCIENCES INC -50 SHS	P	2013-08-29	2014-09-03
	PRECISION CASTPARTS CORP -37 SHS	P	2013-09-17	2014-10-16
	PRECISION CASTPARTS CORP -20 SHS	P	2013-10-10	2014-10-16
	PRECISION CASTPARTS CORP -34 SHS	P	2013-10-11	2014-10-16
	PRECISION CASTPARTS CORP -33 SHS	P	2013-10-14	2014-10-16
	PRECISION CASTPARTS CORP -62 SHS	P	2013-10-15	2014-10-16
	PRECISION CASTPARTS CORP -21 SHS	P	2013-09-17	2014-10-17
	PRECISION CASTPARTS CORP -56 SHS	P	2013-09-18	2014-10-17
	PRECISION CASTPARTS CORP -60 SHS	P	2013-09-19	2014-10-17
	PRECISION CASTPARTS CORP -32 SHS	P	2013-09-20	2014-10-17
	PRECISION CASTPARTS CORP -17 SHS	P	2013-09-12	2014-10-20
	PRECISION CASTPARTS CORP -39 SHS	P	2013-09-13	2014-10-20
	PRECISION CASTPARTS CORP -25 SHS	P	2013-09-16	2014-10-20
	PRECISION CASTPARTS CORP -17 SHS	P	2013-09-11	2014-10-21
	PRECISION CASTPARTS CORP -45 SHS	P	2013-09-12	2014-10-21
	CELGENE CORP -75 SHS	P	2008-01-29	2014-10-24
	ALLERGAN INC -109 SHS	P	2013-06-17	2014-11-03
	AMERICAN TOWER CORP -39 SHS	P	2013-07-10	2014-11-03
	AMERICAN TOWER CORP -56 SHS	P	2013-07-11	2014-11-03
	APPLE INC -100 SHS	P	2012-11-19	2014-11-03
	CELGENE CORP -151 SHS	P	2008-01-29	2014-10-30
	GILEAD SCIENCES INC -33 SHS	P	2013-08-23	2014-11-03
	APPLE INC -100 SHS	P	2012-11-19	2014-10-31
	CELGENE CORP -17 SHS	P	2008-01-28	2014-10-31
	CELGENE CORP -12 SHS	P	2008-01-29	2014-10-31
	GOOGLE INC - CL A -5 SHS	P	2012-01-26	2014-10-31
	GOOGLE INC - CL A -10 SHS	P	2012-01-27	2014-10-31
	GOOGLE INC - CL A -5 SHS	P	2012-01-30	2014-10-31
	GOOGLE INC-CL C -5 SHS	P	2012-01-26	2014-10-31
	GOOGLE INC-CL C -10 SHS	P	2012-01-27	2014-10-31
	GOOGLE INC-CL C -5 SHS	P	2012-01-30	2014-10-31
	ILLUMINA INC -82 SHS	P	2012-04-18	2014-10-31
	T ROWE PRICE GROUP INC -100 SHS	P	2010-08-02	2014-10-31
	VISA INC-CLASS A SHRS -6 SHS	P	2010-05-18	2014-10-31
	VISA INC-CLASS A SHRS -64 SHS	P	2011-01-21	2014-10-31
	INTUITIVE SURGICAL INC -12 SHS	P	2013-08-02	2014-11-03
	CELGENE CORP -54 SHS	P	2008-01-28	2014-12-09
	CELGENE CORP -238 SHS	P	2008-01-28	2014-12-10
	EQUINIX INC -0.47 SHS	P	2013-04-24	2014-12-16
	ALLERGAN INC -22 SHS	P	2013-06-14	2014-12-19
	ALLERGAN INC -185 SHS	P	2013-06-18	2014-12-19
	ALLERGAN INC -70 SHS	P	2013-06-13	2014-12-22
	ALLERGAN INC -23 SHS	P	2013-06-14	2014-12-22
	ALLERGAN INC -16 SHS	P	2013-06-19	2014-12-22
	ALLERGAN INC -93 SHS	P	2013-06-19	2014-12-23
	CAPITAL GAIN ADJUSTMENT	P
	CLASS ACTION SETTLEMENT	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	7,579	7,775	-196
b	371	380	-9
c	3,731	4,653	-922
d	1,815	2,252	-437
e	5,208	5,573	-365
	13,483	14,638	-1,155
	16,714	18,012	-1,298
	11,505	12,457	-952
	99	106	-7
	12,058	12,873	-815
	2,776	2,807	-31
	5,636	5,755	-119
	2,112	2,193	-81
	3,898	4,004	-106
	4,553	4,552	1
	7,664	7,636	28
	5,768	5,670	98
	5,915	5,821	94
	3,522	3,478	44
	6,454	6,351	103
	1,381	1,361	20
	1,228	1,198	30
	1,757	1,723	34
	6,152	6,067	85
	1,578	1,573	5
	601	587	14
	5,586	5,430	156
	2,959	3,310	-351
	911	1,022	-111
	2,049	2,319	-270
	5,691	6,435	-744
	1,981	2,004	-23
	8,243	4,681	3,562
	11,645	5,250	6,395
	14,361	5,158	9,203
	16,155	9,362	6,793
	8,298	2,999	5,299
	12,876	4,657	8,219
	12,340	7,314	5,026
	3,455	1,724	1,731
	12,173	6,158	6,015
	1,769	620	1,149
	8,549	2,980	5,569
	13,631	6,158	7,473
	3,299	1,478	1,821
	7,097	3,202	3,895
	7,670	3,449	4,221
	7,077	3,146	3,931
	544	246	298
	10,888	3,494	7,394
	1,311	411	900
	2,089	647	1,442
	9,503	2,886	6,617
	13,501	3,594	9,907
	2,516	1,921	595
	7,701	5,789	1,912
	1,889	1,422	467
	10,427	7,910	2,517
	11,011	4,841	6,170
	961	713	248
	11,312	8,702	2,610
	15,451	6,777	8,674
	4,905	3,608	1,297
	6,094	4,500	1,594
	9,397	4,114	5,283
	14,275	10,495	3,780
	13,894	6,051	7,843
	4,790	3,553	1,237
	7,767	3,388	4,379
	218	163	55
	5,952	4,482	1,470
	11,435	8,543	2,892
	12,746	9,100	3,646
	1,396	717	679
	4,409	3,152	1,257
	735	521	214
	7,862	5,629	2,233
	26,025	12,981	13,044
	16,162	5,427	10,735
	25,735	12,717	13,018
	12,218	5,656	6,562
	77	35	42
	30,337	13,964	16,373
	14,624	6,601	8,023
	4,295	1,946	2,349
	1,759	799	960
	10,505	10,723	-218
	11,179	13,276	-2,097
	4,580	5,311	-731
	9,577	11,226	-1,649
	7,911	9,702	-1,791
	10,024	11,588	-1,564
	2,088	2,408	-320
	3,444	1,456	1,988
	8,036	3,445	4,591
	8,716	2,360	6,356
	23,517	9,918	13,599
	15,954	20,230	-4,276
	6,078	7,652	-1,574
	21,616	5,834	15,782
	12,280	3,182	9,098
	6,392	1,692	4,700
	6,724	1,648	5,076
	4,803	2,749	2,054
	2,445	1,387	1,058
	16,593	9,558	7,035
	7,980	5,846	2,134
	5,804	7,652	-1,848
	3,087	1,783	1,304
	8,177	4,695	3,482
	7,760	4,461	3,299
	6,719	5,049	1,670
	7,780	5,816	1,964
	6,820	3,929	2,891
	3,899	2,817	1,082
	9,925	7,402	2,523
	3,316	2,120	1,196
	6,875	4,442	2,433
	8,976	2,267	6,709
	14,191	12,054	2,137
	388	300	88
	6,071	4,975	1,096
	13,996	3,508	10,488
	739	449	290
	2,218	1,349	869
	7,951	4,407	3,544
	1,815	1,006	809
	6,335	2,122	4,213
	6,330	4,150	2,180
	4,637	3,009	1,628
	3,520	2,283	1,237
	11,872	6,544	5,328
	953	527	426
	9,729	5,445	4,284
	6,742	3,766	2,976
	1,194	663	531
	2,728	1,525	1,203
	8,014	4,467	3,547
	3,326	1,846	1,480
	12,894	7,195	5,699
	17,680	8,648	9,032
	8,857	4,472	4,385
	6,057	3,067	2,990
	7,500	3,807	3,693
	1,091	518	573
	13,745	6,985	6,760
	10,481	4,936	5,545
	14,281	8,426	5,855
	3,290	1,935	1,355
	6,389	2,968	3,421
	1,135	659	476
	10,838	6,304	4,534
	6,875	4,012	2,863
	4,156	1,933	2,223
	7,817	4,559	3,258
	8,301	4,846	3,455
	4,463	2,071	2,392
	15,412	9,024	6,388
	6,433	2,968	3,465
	13,233	7,708	5,525
	2,161	1,001	1,160
	5,041	2,914	2,127
	2,431	1,402	1,029
	7,373	4,249	3,124
	10,244	5,890	4,354
	16,606	8,508	8,098
	5,229	2,693	2,536
	5,468	2,797	2,671
	7,943	4,085	3,858
	9,665	4,452	5,213
	8,941	5,089	3,852
	3,451	1,588	1,863
	3,980	2,288	1,692
	1,846	1,014	832
	14,337	8,010	6,327
	5,431	3,049	2,382
	8,264	8,751	-487
	4,467	4,738	-271
	7,594	8,128	-534
	7,371	7,930	-559
	13,848	14,810	-962
	4,755	4,967	-212
	12,681	13,183	-502
	13,586	14,162	-576
	7,246	7,494	-248
	3,845	3,909	-64
	8,820	8,996	-176
	5,654	5,846	-192
	3,870	3,869	1
	10,243	10,347	-104
	7,677	2,035	5,642
	20,572	11,098	9,474
	3,766	2,926	840
	5,408	4,345	1,063
	10,896	7,827	3,069
	16,134	4,098	12,036
	3,610	1,969	1,641
	10,753	7,827	2,926
	1,844	453	1,391
	1,302	326	976
	2,829	1,426	1,403
	5,659	2,870	2,789
	2,829	1,442	1,387
	2,780	1,430	1,350
	5,559	2,877	2,682
	2,780	1,446	1,334
	15,915	3,508	12,407
	8,182	4,989	3,193
	1,450	424	1,026
	15,471	4,494	10,977
	5,920	4,718	1,202
	6,409	1,440	4,969
	27,841	6,348	21,493
	108	103	5
	4,704	2,226	2,478
	39,559	18,730	20,829
	14,861	7,061	7,800
	4,883	2,328	2,555
	3,397	1,607	1,790
	19,450	9,342	10,108
	130,696		130,696
	33		33

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			-196
b			-9
c			-922
d			-437
e			-365
			-1,155
			-1,298
			-952
			-7
			-815
			-31
			-119
			-81
			-106
			1
			28
			98
			94
			44
			103
			20
			30
			34
			85
			5
			14
			156
			-351
			-111
			-270
			-744
			-23
			3,562
			6,395
			9,203
			6,793
			5,299
			8,219
			5,026
			1,731
			6,015
			1,149
			5,569
			7,473
			1,821
			3,895
			4,221
			3,931
			298
			7,394
			900
			1,442
			6,617
			9,907
			595
			1,912
			467
			2,517
			6,170
			248
			2,610
			8,674
			1,297
			1,594
			5,283
			3,780
			7,843
			1,237
			4,379
			55
			1,470
			2,892
			3,646
			679
			1,257
			214
			2,233
			13,044
			10,735
			13,018
			6,562
			42
			16,373
			8,023
			2,349
			960
			-218
			-2,097
			-731
			-1,649
			-1,791
			-1,564
			-320
			1,988
			4,591
			6,356
			13,599
			-4,276
			-1,574
			15,782
			9,098
			4,700
			5,076
			2,054
			1,058
			7,035
			2,134
			-1,848
			1,304
			3,482
			3,299
			1,670
			1,964
			2,891
			1,082
			2,523
			1,196
			2,433
			6,709
			2,137
			88
			1,096
			10,488
			290
			869
			3,544
			809
			4,213
			2,180
			1,628
			1,237
			5,328
			426
			4,284
			2,976
			531
			1,203
			3,547
			1,480
			5,699
			9,032
			4,385
			2,990
			3,693
			573
			6,760
			5,545
			5,855
			1,355
			3,421
			476
			4,534
			2,863
			2,223
			3,258
			3,455
			2,392
			6,388
			3,465
			5,525
			1,160
			2,127
			1,029
			3,124
			4,354
			8,098
			2,536
			2,671
			3,858
			5,213
			3,852
			1,863
			1,692
			832
			6,327
			2,382
			-487
			-271
			-534
			-559
			-962
			-212
			-502
			-576
			-248
			-64
			-176
			-192
			1
			-104
			5,642
			9,474
			840
			1,063
			3,069
			12,036
			1,641
			2,926
			1,391
			976
			1,403
			2,789
			1,387
			1,350
			2,682
			1,334
			12,407
			3,193
			1,026
			10,977
			1,202
			4,969
			21,493
			5
			2,478
			20,829
			7,800
			2,555
			1,790
			10,108
			130,696
			33

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	777,731
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 . . . . . . . . . . . . . . . .		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? Yes No

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 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))
2013	190,500	3,824,606	0.049809
2012	165,000	3,116,165	0.052950
2011	144,000	2,940,992	0.048963
2010	133,500	2,864,510	0.046605
2009	127,000	2,489,471	0.051015

2	Total of line 1, column (d) ......................	2	0.249342
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	0.049868
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	4,521,360
5	Multiply line 4 by line 3.......................	5	225,471
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	7,801
7	Add lines 5 and 6.........................	7	233,272
8	Enter qualifying distributions from Part XII, line 4..............	8	226,000
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 (2014)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	15,602
	hereand 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	15,602
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	15,602
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	5,200
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	5,200
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	10,402
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

SACKS PRESS LACHER PC Telephone no. bullet

(212) 682-6640

Located at bullet

600 THIRD AVENUENEW YORKNY ZIP+4 bullet

10016

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

16 At any time during calendar year 2014, 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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

Form 990-PF (2014)

Page 6

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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 instructions)? ........

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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 2014?.............

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)):

At the end of tax year 2014, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2014?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?........................YesNo

If "Yes," did it have excess business holdings in 2014 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 2014.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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 2014?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)..................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.......................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2014)

Page 7

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
LINDA HACKETT	PRESIDENT 2.00	0	0	0
C/O SACKS 600 THIRD AVENUE NEW YORK,NY10016	PRESIDENT 2.00	0	0	0
MONTAGUE H HACKETT JR	SECRETARY 2.00	0	0	0
C/O SACKS 600 THIRD AVENUE NEW YORK,NY10016	SECRETARY 2.00	0	0	0
MELINDA HACKETT	VICE-PRES. 2.00	0	0	0
C/O SACKS 600 THIRD AVENUE NEW YORK,NY10016	VICE-PRES. 2.00	0	0	0

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...................				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............. 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 (2014)

Page 8

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 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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

4,569,507

Average of monthly cash balances.......................

20,706

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

4,590,213

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

4,590,213

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

68,853

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

4,521,360

Minimum investment return. Enter 5% of line 5..................

226,068

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

226,068

Tax on investment income for 2014 from Part VI, line 5......

15,602

Income tax for 2014. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

15,602

Distributable amount before adjustments. Subtract line 2c from line 1............

210,466

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

210,466

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

210,466

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

226,000

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

226,000

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).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

226,000

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 (2014)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2013	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7					210,466
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2014:
a From 2009.......	3,691
b From 2010.......
c From 2011.......	1,513
d From 2012.......	12,006
e From 2013.......	4,155
fTotal of lines 3a through e.........		21,365
4Qualifying distributions for 2014 from Part
XII, line 4: $ 226,000
a Applied to 2013, 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 2014 distributable amount.....					210,466
e Remaining amount distributed out of corpus		15,534
5 Excess distributions carryover applied to 2014.		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		36,899
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 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...		3,691
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		33,208
10 Analysis of line 9:
a Excess from 2010....
b Excess from 2011....	1,513
c Excess from 2012....	12,006
d Excess from 2013....	4,155
e Excess from 2014....	15,534

Form 990-PF (2014)

Page 10

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 2014, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

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) 2014	(b) 2013	(c) 2012	(d) 2011	(e) Total

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).)

LINDA HACKETT

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or email address 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 (2014)

Page 11

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AMERICAN SOCIETY OF BOTANICAL ARTISTS 225 SOUTHERN BLVD BRONX,NY10458	NONE	PUBLIC CHARITY	GENERAL PURPOSES	500
ANIMAL MEDICAL CENTER 510 EAST 62ND STREET NEW YORK,NY10065	NONE	PUBLIC CHARITY	GENERAL PURPOSES	17,500
ANIMAL RESCUE FUND 1963 HOLLY BUSH ROAD PELAHATCHIE,MS39145	NONE	PUBLIC CHARITY	GENERAL PURPOSES	4,500
ASPCA 424 EAST 92ND STREET NEW YORK,NY10128	NONE	PUBLIC CHARITY	GENERAL PURPOSES	2,000
ASSOCIATION OF COMMUNITY EMPLOYMENT 598 BROADWAY NEW YORK,NY10012	NONE	PUBLIC CHARITY	GENERAL PURPOSE	2,000
BIDE A WEE ASSOCIATION 410 EAST 38TH STREET NEW YORK,NY10016	NONE	PUBLIC CHARITY	GENERAL PURPOSES	1,000
CENTRAL PARK CONSERVANCY 14 EAST 60TH STREET NEW YORK,NY10022	NONE	PUBLIC CHARITY	GENERAL PURPOSES	2,000
CHILDRENS AID SOCIETY 105 EAST 22ND STREET NEW YORK,NY10010	NONE	PUBLIC CHARITY	GENERAL PURPOSES	2,000
CITY HARVEST 575 8TH AVENUE 4TH FL NEW YORK,NY10018	NONE	PUBLIC CHARITY	GENERAL PURPOSES	2,000
CITY MEALS ON WHEELS 355 LEXINGTON AVENUE NEW YORK,NY10017	NONE	PUBLIC CHARITY	GENERAL PURPOSES	2,000
FOOD BANK FOR NEW YORK CITY 39 BROADWAY NEW YORK,NY10006	NONE	PUBLIC CHARITY	GENERAL PURPOSES	10,000
FOXCROFT SCHOOL 22407 FOXHOUND LANE MIDDLEBERG,VA20117	NONE	PUBLIC CHARITY	GENERAL PURPOSE	1,000
FRESH AIR FUND 633 THIRD AVENUE 14TH FL NEW YORK,NY10017	NONE	PUBLIC CHARITY	GENERAL PURPOSES	2,000
GOD'S LOVE WE DELIVER 166 6TH AVENUE NEW YORK,NY10013	NONE	PUBLIC CHARITY	GENERAL PURPOSES	2,000
GROUP FOR SOUTH FORK PO BOX 569 BRIDGEHAMPTON,NY11932	NONE	PUBLIC CHARITY	GENERAL PURPOSES	1,000
HALCYON FOUNDATION 100 PARK AVENUE 20TH FLOOR NEW YORK,NY10017	NONE	PUBLIC CHARITY	GENERAL PURPOSE	50,000
HORTICULTURAL SOCIETY- NEW YORK 148 WEST 37TH STREET 13TH FL NEW YORK,NY10018	NONE	PUBLIC CHARITY	GENERAL PURPOSES	1,000
HUMAN RESOURCES OF THE HAMPTONS 100 HILL STREET SOUTHAMPTON,NY11968	NONE	PUBLIC CHARITY	GENERAL PURPOSE	7,000
INT'L CENTER FOR PHOTOGRAPHY 1114 6TH AVENUE AT 43RD STREET NEW YORK,NY10036	NONE	PUBLIC CHARITY	GENERAL PURPOSES	1,000
INT'L PRIMATE PROTECTION LEAGUE PO BOX 766 SUMMERVILLE,SC29484	NONE	PUBLIC CHARITY	GENERAL PURPOSES	1,000
INTERFAITH CENTER OF NEW YORK 475 RIVERSIDE DRIVE NEW YORK,NY10115	NONE	PUBLIC CHARITY	GENERAL PURPOSES	1,000
JOHN PB EDDY SCHOLARSHIP FUND 12 BRADLEE STREET DORCHESTER,MA02124	NONE	PUBLIC CHARITY	GENERAL PURPOSES	1,000
LCRF 845 3RD AVENUE 6TH FL NEW YORK,NY10022	NONE	PUBLIC CHARITY	GENERAL PURPOSES	1,000
LREI 272 SIXTH AVENUE NEW YORK,NY10014	NONE	PUBLIC CHARITY	GENERAL PURPOSE	1,000
MEMORIAL SLOAN KETTERING CANCER 301 EAST 61ST STREET 2 NEW YORK,NY10065	NONE	PUBLIC CHARITY	GENERAL PURPOSES	2,000
NATURE CONSERVANCY 4245 NORTH FAIRFAX DRIVE SUITE 100 ARLINGTON,VA22203	NONE	PUBLIC CHARITY	GENERAL PURPOSES	2,000
NEW YORK BOTANICAL GARDEN BRONX RIVER PRWY AT FORDHAM ROAD BRONX,NY10458	NONE	PUBLIC CHARITY	GENERAL PURPOSES	2,500
NEW YORK RESTORATION PROJECT 254 WEST 31ST STREET 10 NEW YORK,NY10001	NONE	PUBLIC CHARITY	GENERAL PURPOSES	1,000
NEW YORK TIME NEEDIEST 4 CHASE METROTECH CENTER 7TH FL BROOKLYN,NY11245	NONE	PUBLIC CHARITY	GENERAL PURPOSES	10,000
PARRISH ART MUSEUM 25 JOBS LANE SOUTHAMPTON,NY11968	NONE	PUBLIC CHARITY	GENERAL PURPOSES	15,000
PET PARTNERS 10 MOUNTAIN LEDGE WILTON,CT12831	NONE	PUBLIC CHARITY	GENERAL PURPOSES	2,000
PLANNED PARENTHOOD OF NYC 26 BLEECKER STREET NEW YORK,NY10012	NONE	PUBLIC CHARITY	GENERAL PURPOSES	5,000
PLANNED PARENTHOOD SUFFOLK 434 WEST 33RD STREET NEW YORK,NY10001	NONE	PUBLIC CHARITY	GENERAL PURPOSES	5,000
RSVP 1201 NEW YORK AVENUE NW WASHINGTON,DC20525	NONE	PUBLIC CHARITY	GENERAL PURPOSES	5,000
SALVATION ARMY 120 WEST 14TH STREET NEW YORK,NY10011	NONE	PUBLIC CHARITY	GENERAL PURPOSES	5,000
SOUTHAMPTON ANIMAL SHELTER 102 OLD RIVERHEAD ROAD WEST SOUTHAMPTON,NY11946	NONE	PUBLIC CHARITY	GENERAL PURPOSES	5,000
SOUTHAMPTON HOSPITAL 240 MEETING HOUSE LANE SOUTHAMPTON,NY11968	NONE	PUBLIC CHARITY	GENERAL PURPOSES	2,000
SOUTHHAMPTON FRESH AIR FUND 38 MAIN STREET SOUTHAMPTON,NY11968	NONE	PUBLIC CHARITY	GENERAL PURPOSES	2,000
ST ANDREWS DUNE CHURCH PO BOX 1245 SOUTHAMPTON,NY11969	NONE	PUBLIC CHARITY	GENERAL PURPOSES	2,000
TWO MAUDS 100 PARK AVENUE 20TH FLOOR NEW YORK,NY10017	NONE	PUBLIC CHARITY	GENERAL PURPOSES	25,000
VERMONT STUDIO SCHOOL PO BOX 613 JOHNSON,VT05656	NONE	PUBLIC CHARITY	GENERAL PURPOSES	15,000
WILDLIFE CONSERVATION SOCIETY 2300 SOUTHERN BLVD BRONX,NY10460	NONE	PUBLIC CHARITY	GENERAL PURPOSES	2,000
PEKINGESE CHARITABLE FOUNDATION 1560 HEWLETT HEALTH ROAD HEWLETT,NY11557	NONE	PUBLIC CHARITY	GENERAL PURPOSES	1,000
SOUTHAMPTON ASSOCIATION 240 MEETING HOUSE LANE SOUTHAMPTON,NY11968	NONE	PUBLIC CHARITY	GENERAL PURPOSES	1,000
THE READING TEAM 2090 ADAM POWELL BLVD NEW YORK,NY10027	NONE	PUBLIC CHARITY	GENERAL PURPOSES	1,000
Total ................................. 3a				226,000

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2014)

Page 12

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	(e) Related or exempt function income (See instructions.)
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	36,116
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	777,731
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		813,847	0

13Total. Add line 12, columns (b), (d), and (e)..................

13813,847

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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 (2014)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2014 AccountingFeesSchedule

Name:

CAL FOUNDATION INC

EIN: 13-6083347

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	3,000	3,000		0
CUSTODY FEE	2,217	2,217		0

- TIN:

TY 2014 InvestmentsCorpStockSchedule

Name:

CAL FOUNDATION INC

EIN: 13-6083347

Name of Stock	End of Year Book Value	End of Year Fair Market Value
CORPORATE EQUITITES	2,934,109	4,747,506

- TIN:

TY 2014 OtherExpensesSchedule

Name:

CAL FOUNDATION INC

EIN: 13-6083347

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MISCELLANEOUS	250	250		0

- TIN:

TY 2014 OtherProfessionalFeesSchedule

Name:

CAL FOUNDATION INC

EIN: 13-6083347

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEE	28,260	28,260		0

- TIN:

TY 2014 TaxesSchedule

Name:

CAL FOUNDATION INC

EIN: 13-6083347

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXCISE	12,121	0		0