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.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
STERLING NATIONAL BANK
CHARITABLE FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)400 RELLA BOULEVARD
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MONTEBELLO, NY10901
A Employer identification number

32-0103899
B Telephone number (see instructions)

(845) 369-8040
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$4,431,735
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 63,381
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 76,986 76,986  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 127,066
b Gross sales price for all assets on line 6a 497,864
7 Capital gain net income (from Part IV, line 2)... 127,066
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)....... 23,850 0 23,850
12 Total. Add lines 1 through 11........ 291,283 204,052 23,850
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 2,670 0 0 0
c Other professional fees (attach schedule).... 30 30 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 275 0 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 12,972 0 8,775 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 15,947 30 8,775 0
25 Contributions, gifts, grants paid....... 472,579 472,579
26 Total expenses and disbursements. Add lines 24 and 25 488,526 30 8,775 472,579
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -197,243
b Net investment income (if negative, enter -0-) 204,022
c Adjusted net income (if negative, enter -0-)... 15,075
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
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............. 117,002 289,958 289,958
2 Savings and temporary cash investments.........      
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)....... 3,163,817 Click to see attachment2,793,018 4,141,777
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) 3,280,819 3,082,976 4,431,735
Liabilities 17 Accounts payable and accrued expenses.......... 7,200 6,600
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)......... 7,200 6,600
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 3,273,619 3,076,376
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 3,273,619 3,076,376
31 Total liabilities and net assets/fund balances (see instructions). 3,280,819 3,082,976
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
3,273,619
2
Enter amount from Part I, line 27a .....................
2
-197,243
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,076,376
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,076,376
Form 990-PF (2015)
Form 990-PF (2015)
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 5500 SHS STERLING BANCORP D 2014-06-06 2015-05-28
b 15400 SHS STERLING BANCORP D 2014-06-06 2015-05-01
c 13000 SHS STERLING BANCORP D 2014-06-06 2015-12-04
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 74,080   60,159 13,921
b 200,338   168,445 31,893
c 223,446   142,194 81,252
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       13,921
b       31,893
c       81,252
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 2 127,066
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 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))
2014 220,813 3,857,358 0.057245
2013 121,850 3,246,302 0.037535
2012 153,983 2,781,273 0.055364
2011 225,579 2,901,855 0.077736
2010 153,685 3,249,411 0.047296
2
Total of line 1, column (d) .....................
20.275176
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
0.055035
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
4,064,599
5
Multiply line 4 by line 3......................
5
223,695
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,040
7
Add lines 5 and 6........................
7
225,735
8
Enter qualifying distributions from Part XII, line 4.............
8
472,579
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 (2015)
Form 990-PF (2015)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 2,040
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,040
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 2,040
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 1,107
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,107
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 67
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet67 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    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 2015 or the taxable year beginning in 2015 (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
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 addressbulletWWW.SNB.COM
    14
    The books are in care ofbulletSTEPHANIE YANIGA Telephone no.bullet (845) 369-8478

    Located atbullet400 RELLA BLVDMONTEBELLONY ZIP+4bullet10901
    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 2015, 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  
    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 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 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    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 2015 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 2015.)..................
    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 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    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 4945(d)(4)(A)? (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 (2015)
    Form 990-PF (2015)
    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
    LOUIS J CAPPELLI CHAIRMAN OF THE BOARD
    2.00
    0 0 0
    400 RELLA BLVD
    MONTEBELLO,NY10901
    JAMES P BLOSE ESQ EXECUTIVE VP
    1.00
    0 0 0
    400 RELLA BLVD
    MONTEBELLO,NY10901
    JOHN SILLINGS CIO & SENIOR VICE PRESIDEN
    1.00
    0 0 0
    400 RELLA BLVD
    MONTEBELLO,NY10901
    STACY NICHOLSON ASSISTANT VICE PRESIDENT
    1.00
    0 0 0
    400 RELLA BLVD
    MONTEBELLO,NY10901
    STEPHANIE YANIGA EXECUTIVE DIRECTOR
    2.00
    0 0 0
    400 RELLA BLVD
    MONTEBELLO,NY10901
    DAVID BAGATELLE EXECUTIVE VICE PRESIDENT
    2.00
    0 0 0
    400 RELLA BLVD
    MONTEBELLO,NY10901
    KATHARINE BROWN VICE PRESIDENT & SECRETARY
    2.00
    0 0 0
    400 RELLA BLVD
    MONTEBELLO,NY10901
    HAROLD PETERSON SENIOR VICE PRESIDENT
    1.00
    0 0 0
    400 RELLA BLVD
    MONTEBELLO,NY10901
    JACK KOPNISKY PRESIDENT
    1.00
    0 0 0
    400 RELLA BLVD
    MONTEBELLO,NY10901
    JIM PEOPLES DIRECTOR
    1.00
    0 0 0
    400 RELLA BLVD
    MONTEBELLO,NY10901
    BEN HIRSH SVP & TREASURER
    1.00
    0 0 0
    400 RELLA BLVD
    MONTEBELLO,NY10901
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    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.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    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
    3,976,892
    b
    Average of monthly cash balances.......................
    1b
    149,604
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,126,496
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    4,126,496
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    61,897
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,064,599
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    203,230
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    203,230
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    2,040
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,040
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    201,190
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    201,190
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    201,190
    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
    472,579
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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
    472,579
    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
    2,040
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    470,539
    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 (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2014
    (c)
    2014
    (d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 201,190
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011...... 82,084
    c From 2012...... 16,442
    d From 2013......  
    e From 2014...... 30,131
    fTotal of lines 3a through e........ 128,657
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 472,579
    a Applied to 2014, 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 2015 distributable amount..... 201,190
    e Remaining amount distributed out of corpus 271,389
    5 Excess distributions carryover applied to 2015. 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 5 400,046
    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 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2016. 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 2010 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......
    400,046
    10 Analysis of line 9:
    a Excess from 2011.... 82,084
    b Excess from 2012.... 16,442
    c Excess from 2013....  
    d Excess from 2014.... 30,131
    e Excess from 2015.... 271,389
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 2015, 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) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    THE STERLING NATIONAL BANK CHARITAB
    400 RELLA BLVD
    MONTEBELLO,NY10901
    (845) 359-8478
    bThe form in which applications should be submitted and information and materials they should include:
    1. COMPLETE A 10 PAGE APPLICATION 2. COPY OF 501(C)(3) 3. COPY OF MOST RECENT FEDERAL AND STATE TAX RETURNS 4. MISSION STATEMENT 5. BOARD OF DIRECTORS LIST 6. LIST OF MAJOR CORPORATE SPONSORS 7. CALENDER OF EVENTS 8. ANNUAL REPORT, IF EXISTS 9. RECENT PUBLIC RELATIONS MATERIAL
    cAny submission deadlines:
    2/20 FOR 3/31, 5/20 FOR 6/30, 8/20 FOR 9/30, 11/20 FOR 12/31
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    AWARDS SHOULD ENHANCE QUILITY OF LIFE IN THE COMMUNITIES OF ROCKLAND, ORANGE, ULSTER, SULLIVAN AND PUTNAM COUNTIES IN NEW YORK AND BERGEN COUNTY IN NEW JERSEY. YOU CANNOT BE A RECIPIENT OF A STERLING NATIONAL BANK CHARITABLE FOUNDATION GRANT FOR THE PRIOR FISCAL YEAR.
    Form 990-PF (2015)
    Form 990-PF (2015)
    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)
    aPaid during the year
    LYNCH MEMORIAL SCHOLARSHIP FUND
    PO BOX 132
    BRONX,NY10465
    NONE   GENERAL USE 25,000
    ACACIA NETWORK INC
    300 EAST 175TH STREET
    BRONX,NY10457
    NONE   GENERAL USE 500
    AGUILA INC
    661 CAULDWELL AVENUE
    BRONX,NY10455
    NONE   GENERAL USE 300
    ALL HALLOWS HIGH SCHOOL
    111 EAST 164TH STREET
    BRONX,NY10452
    NONE   GENERAL USE 300
    AMERICAN HEART ASSOCIATION
    125 EAST BETHPAGE ROAD SUITE 100
    PLAINVIEW,NY11803
    NONE   GENERAL USE 2,500
    AMY MARIE CRABTREE FOUNDATION
    PO BOX 494
    CROSS RIVER,NY10518
    NONE   GENERAL USE 250
    ARCHBISHOP STEPINAC HIGH SCHOOL
    950 MAMARONECK AVENUE
    WHITE PLAINS,NY10605
    NONE   GENERAL USE 500
    BANANA KELLY COMMUNITY IMPROVEMENT ASSOC INC
    863 PROSPECT AVENUE
    BRONX,NY10459
    NONE   GENERAL USE 300
    BENJAMIN N CARDOZO SCHOOL OF LAW
    55 FIFTH AVENUE
    NEW YORK,NY10003
    NONE   GENERAL USE 1,000
    BET AM SHALOM SYNAGOGUE
    295 SOUNDVIEW AVENUE
    WHITE PLAINS,NY10606
    NONE   GENERAL USE 300
    BORICUA COLLEGE
    3755 BROADWAY
    NEWYORK,NY10032
    NONE   GENERAL USE 500
    BRONX JEWISH COMMUNITY COUNCIL
    2930 WALLACE AVENUE
    BRONX,NY10467
    NONE   GENERAL USE 300
    BRONXWOOD CHURCH OF GOD
    3232 LURTING AVENUE
    BRONX,NY10469
    NONE   GENERAL USE 300
    C H O P INC
    200 NORTH WATER STREET
    PEEKSKILL,NY10566
    NONE   GENERAL USE 300
    CARDINAL SPELLMAN HIGH SCHOOL
    ONE CARDINAL SPELLMAN PLACE
    BRONX,NY10466
    NONE   GENERAL USE 300
    CATHOLIC HEALTH CARE FOUNDATION
    205 LEXINGTON AVENUE 3RD FL
    NEW YORK,NY10016
    NONE   GENERAL USE 50,000
    CENTER FOR SAFETY & CHANGE INC
    9 JOHNSON LANE
    NEW CITY,NY10956
    NONE   GENERAL USE 200
    CHAI LIFELINE
    151 WEST 30TH STREET
    NEW YORK,NY10001
    NONE   GENERAL USE 5,000
    CHILDRENS HOSPITAL FOUNDATION WMC INC
    TAYLOR PAVILION SUITE C3100WOODS
    ROAD
    VALHALLA,NY10595
    NONE   GENERAL USE 300
    CHURCH OF GOD OF MT VERNON NY INC
    P O BOX 2486
    MT VERNON,NY10550
    NONE   GENERAL USE 300
    CHURCH OF HOLY INNOCENTS
    431 BEDFORD ROAD
    PLEASANTVILLE,NY10570
    NONE   GENERAL USE 300
    CHURCH OF OUR LADY OF PERPETUAL HELP
    559 PELHAM MANOR ROAD
    PELHAM,NY10803
    NONE   GENERAL USE 300
    CHURCH OF OUR LADY OF VICTORY
    60 WILLIAM STREET
    NEW YORK,NY10005
    NONE   GENERAL USE 300
    CHURCH OF SAINT FRANCIS XAVIER
    55 WEST 15TH STREET
    NEW YORK,NY10001
    NONE   GENERAL USE 300
    CHURCH OF ST CASIMIR
    239 NEPPERHAN AVENUE
    YONKERS,NY10701
    NONE   GENERAL USE 300
    CHURCH OF ST GREGORY THE GREAT
    215 HALSTEAD AVENUE
    HARRISON,NY10528
    NONE   GENERAL USE 300
    CHURCH OF ST JOHN THE EVANGELIST
    348 EAST 55TH STREET
    NEW YORK,NY10022
    NONE   GENERAL USE 300
    CHURCH OF ST PATRICK IN ARMONK
    29 COX AVENUE PO BOX 6
    ARMONK,NY10504
    NONE   GENERAL USE 300
    CHURCH OF ST PAUL THE APOSTLE
    602 MCLEAN AVENUE
    YONKERS,NY10704
    NONE   GENERAL USE 300
    CHURCH OF ST URSULA
    214 EAST LINCOLN AVENUE
    MT VERNON,NY10552
    NONE   GENERAL USE 300
    CHURCH OF STS JOHN & PAUL
    280 WEAVER STREET
    LARCHMONT,NY10538
    NONE   GENERAL USE 300
    CHURCH OF THE ANNUNCIATION
    470 WESTCHESTER AVENUE
    TUCKAHOE,NY10707
    NONE   GENERAL USE 300
    CHURCH OF THE HOLY FAMILY
    83 CLOVE ROAD
    NEW ROCHELLE,NY10801
    NONE   GENERAL USE 300
    CHURCH OF THE IMMACULATE HEART OF MARY
    8 CARMEN ROAD
    SCARSDALE,NY10583
    NONE   GENERAL USE 300
    CLEAR VIEW SCHOOL
    480 ALBANY POST ROAD
    BRIARCLIFF MANOR,NY10510
    NONE   GENERAL USE 500
    CLUSTER
    20 SOUTH BROADWAY ROOM 501
    YONKERS,NY10701
    NONE   GENERAL USE 500
    COLLEGE OF MOUNT SAINT VINCENT
    6301 RIVERDALE AVENUE
    RIVERDALE,NY10471
    NONE   GENERAL USE 500
    COMM FUND OF BRONXVILLE EASTCHESTER TUCKAHOE INC
    17 SAGAMORE ROAD
    BRONXVILLE,NY10708
    NONE   GENERAL USE 500
    COMMUNITY BASED SERVICES INC
    3 FIELDS LANE
    SALEM,NY10560
    NONE   GENERAL USE 500
    COMMUNITY PLANNING COUNCIL OF YONKERS
    30 SOUTH BROADWAY 5TH FL
    YONKERS,NY10701
    NONE   GENERAL USE 250
    COMMUNITY SYNAGOGUE OF RYE
    200 FOREST AVENUE
    RYE,NY10580
    NONE   GENERAL USE 200
    CONCORDIA COLLEGE
    171 WHITE PLAINS ROAD
    BRONXVILLE,NY10708
    NONE   GENERAL USE 300
    CONGREGATION BETH ELOHIM
    274 GARFIELD PLACE
    BROOKLYN,NY11215
    NONE   GENERAL USE 300
    CONGREGATION BNAI YISRAEL
    2 BANKSVILLE ROAD BOX 7
    ARMONK,NY10504
    NONE   GENERAL USE 300
    CONGREGATION YETEV LEV OF MONSEY-CENTRAL UTA
    15 MONSEY BLVD
    MONSEY,NY10952
    NONE   GENERAL USE 5,400
    COOKE CENTER FOR LEARNING & DEVELOPMENT
    475 RIVERSIDE DRIVE SUITE 730
    NEW YORK,NY10115
    NONE   GENERAL USE 500
    COUNTRY CHILDRENS CENTER
    PO BOX 91
    KATONAH,NY10536
    NONE   GENERAL USE 300
    CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION
    625 JAMAICA AVENUE
    BROOKLYN,NY11208
    NONE   GENERAL USE 10,000
    DOMINICAN COLLEGE
    470 WESTERN HIGHWAY
    ORANGEBURG,NY10962
    NONE   GENERAL USE 300
    ELIZABETH SETON PEDIATRIC CENTER
    300 CORPORATE BLVD
    YONKERS,NY10701
    NONE   GENERAL USE 500
    ENRICO FERMI EDUCATIONAL FUND INC
    13 ANNMARIE PLACE
    YONKERS,NY10703
    NONE   GENERAL USE 200
    FAMILY SERVICE LEAGUE
    790 PARK AVENUE
    HUNTINGTON,NY11743
    NONE   GENERAL USE 2,500
    FAMILY SERVICE SOCIETY OF YONKERS
    PO BOX 437
    YONKERS,NY10703
    NONE   GENERAL USE 10,000
    FASHION INSTITUTE OF TECHNOLOGY
    227 WEST 27TH STREET ROOM C204
    NEW YORK,NY10001
    NONE   GENERAL USE 40,000
    FERNCLIFF MANOR
    1154 SAW MILL RIVER ROAD
    YONKERS,NY10710
    NONE   GENERAL USE 300
    FIRST PENTECOSTAL CHURCH OF GOD OF APOSTOLIC
    611 NORTH COLUMBUS AVENUE
    MT VERNON,NY10552
    NONE   GENERAL USE 300
    FORDHAM PREPARATORY SCHOOL
    441 EAST FORDHAM ROAD
    BRONX,NY104585175
    NONE   GENERAL USE 300
    GIFTED AND TALENTED DEVELOPMENT FOUND
    15 WESTWAY
    BRONXVILLE,NY10708
    NONE   GENERAL USE 300
    GRACE CHURCH COMMUNITY CENTER
    35 ORCHARD STREET
    WHITE PLAINS,NY10603
    NONE   GENERAL USE 250
    GREYSTON FOUNDATION
    21 PARK AVENUE
    YONKERS,NY10703
    NONE   GENERAL USE 300
    HELLENIC CLASSICAL CHARTER SCHOOL
    646 FIFTH AVE
    BROOKLYN,NY11215
    NONE   GENERAL USE 300
    HENRY KAUFMANN CAMPGROUNDS
    667 BLAUVELT RD PO BOX 175
    PEARL RIVER,NY10965
    NONE   GENERAL USE 5,000
    HIGHBRIDGE VOICES
    1360 MERRIAM AVE
    BRONX,NY10452
    NONE   GENERAL USE 500
    HISTORIC HUDSON VALLEY
    639 BEDFORD ROAD
    POCANTICO HILLS,NY10591
    NONE   GENERAL USE 500
    HOLY ROSARY CHURCH
    170 BRADHURST AVENUE
    HAWTHORNE,NY10532
    NONE   GENERAL USE 300
    HOLY ROSARY SCHOOL
    1510 ADEE AVENUE
    BRONX,NY10469
    NONE   GENERAL USE 300
    HOMELESS SERVICE COMMISSION YONKERS
    1010 NORTH BROADWAY
    YONKERS,NY10701
    NONE   GENERAL USE 350
    HOMES FOR HEROES INC
    1 BLUE HILL PLAZA PO BOX 1648
    PEARL RIVER,NY10965
    NONE   GENERAL USE 300
    HOPE COMMUNITY SERVICES
    50 WASHINGTON AVENUE
    NEW ROCHELLE,NY10801
    NONE   GENERAL USE 300
    HORIZONS STUDENT ENRICHMENT PROGRAM
    635 FROGTOWN ROAD PO BOX 997
    NEW CANAAN,CT06840
    NONE   GENERAL USE 300
    HUDSON RIVER HEALTHCARE INC
    1037 MAIN STREET
    PEEKSKILL,NY10566
    NONE   GENERAL USE 500
    HUDSON RIVER MUSEUM
    511 WARBURTON AVENUE
    YONKERS,NY10701
    NONE   GENERAL USE 300
    HUDSON VALLEY HOSPITAL FOUNDATION
    1980 CROMPOUND ROAD
    CORTLANDT MANOR,NY10567
    NONE   GENERAL USE 300
    IGLESIA CRISTIANA FUENTE
    720 E MAIN STREET
    MT KISCO,NY10549
    NONE   GENERAL USE 300
    IGLESIA PENTECOSTAL EL OLIVAR
    118 SOUTH MAIN STREET
    PORT CHESTER,NY10573
    NONE   GENERAL USE 300
    IMMACULATE CONCEPTION CHURCH
    16 NORTH BROADWAY
    IRVINGTON,NY10533
    NONE   GENERAL USE 300
    INSTITUTES OF APPLIED HUMAN DYNAMICS
    32 WARREN AVENUE
    TARRYTOWN,NY10591
    NONE   GENERAL USE 400
    JCC OF MID-WESTCHESTER
    999 WILMOT ROAD
    SCARSDALE,NY10583
    NONE   GENERAL USE 300
    JCY-WESTCHESTER COMMUNITY PARTNERS
    30 SOUTH BROADWAY 5TH FL
    YONKERS,NY10701
    NONE   GENERAL USE 500
    JOHN CARDINAL O'CONNOR SCHOOL
    16 NORTH BROADWAY
    IRVINGTON,NY10533
    NONE   GENERAL USE 500
    JOHN E ANDRUS MEMORIAL INC
    185 OLD BROADWAY
    HASTINGS,NY10706
    NONE   GENERAL USE 300
    JULIA DYCKMAN ANDRUS MEMORIAL INC
    1156 NORTH BROADWAY
    YONKERS,NY10701
    NONE   GENERAL USE 500
    LEVITICUS 2523 ALTERNATIVE FUND INC
    33 WEST MAIN ST ROOM 205
    ELMSFORD,NY10523
    NONE   GENERAL USE 20,000
    LINCOLN PARK JEWISH CENTER
    311 CENTRAL PARK AVENUE
    YONKERS,NY10704
    NONE   GENERAL USE 200
    LIVING HISTORY EDUCATION FOUNDATION
    11 LAKE DRIVE
    BUCHANAN,NY10511
    NONE   GENERAL USE 300
    LUBAVICH YOUTH ORGANIZATION
    1408 PRESIDENT STREET
    BROOKLYN,NY11213
    NONE   GENERAL USE 25,000
    LUTHERAN CARE NETWORK
    277 NORTH AVENUE 2ND FLOOR SUITE
    201
    NEW ROCHELLE,NY10801
    NONE   GENERAL USE 500
    LYNDSEY'S TLC FOUNDATION INC
    25 BLACKTHORN LANE
    WHITE PLAINS,NY10606
    NONE   GENERAL USE 300
    MARC ACADEMY & FAMILY CENTER
    2105-2111 JERMONE AVENUE
    BRONX,NY10453
    NONE   GENERAL USE 300
    MARIA REGINA HIGH SCHOOL
    500 WEST HARSDALE AVENUE
    HARTSDALE,NY10530
    NONE   GENERAL USE 500
    MARIST BROTHERS
    1241 KENNEDY BLVD
    BAYONNE,NJ07002
    NONE   GENERAL USE 500
    MASTERS SCHOOL
    49 CLINTON AVENUE
    DOBBS FERRY,NY10522
    NONE   GENERAL USE 500
    MEALS ON WHEELS PROGRAMS & SERVICES OF ROCKLAND INC
    121 WEST NYACK ROAD
    NANUET,NY10954
    NONE   GENERAL USE 5,000
    MENTAL HEALTH ASSOCIATION OF ROCKLAND COUNTY
    140 ROUTE 303
    VALLEY COTTAGE,NY10989
    NONE   GENERAL USE 10,000
    MHA RECREATION PROGRAM
    1511 CENTRAL PARK AVENUE
    YONKERS,NY10710
    NONE   GENERAL USE 500
    MID BRONX SENIOR CITIZENS COUNCIL INC
    900 GRAND CONCOURSE
    BRONX,NY10451
    NONE   GENERAL USE 300
    MOUNT SAINT MICHAEL ACADEMY
    4300 MURDOCK AVENUE
    BRONX,NY10466
    NONE   GENERAL USE 500
    MSGR ROBERT FOX MEMORIAL SHELTER
    FOX HOUSE 111 EAST 117TH STREET
    NEW YORK,NY10035
    NONE   GENERAL USE 500
    MT CARMEL BAPTIST CHURCH
    175 NEPPERHAN AVENUE
    YONKERS,NY10701
    NONE   GENERAL USE 300
    MT KISCO PRESBYTERIAN CHURCH
    BOX 429 605 MILLWOOD ROAD
    MT KISCO,NY10549
    NONE   GENERAL USE 300
    MT VERNON NEIGHBORHOOD HEALTH CENTER
    107 WEST 4TH STREET
    MT VERNON,NY10550
    NONE   GENERAL USE 500
    MUSLIM AMERICAN SOCIETY OF UPPER NY
    380 WALNUT STREET
    YONKERS,NY10701
    NONE   GENERAL USE 200
    NEIGHBORHOOD HOUSING OF NEW YORK CITY INC
    307 WEST 36TH ST 12TH FLOOR
    NEW YORK,NY10018
    NONE   GENERAL USE 20,000
    NEIGHBORHOOD TRUST FINANCIAL PARTNERS
    1112 ST NICHOLAS AVENUE
    NEW YORK,NY10032
    NONE   GENERAL USE 5,000
    NEPPERHAN COMMUNITY CENTER INC
    342 WARBURTON AVENUE
    YONKERS,NY10701
    NONE   GENERAL USE 500
    NEW DESTINY HOUSING
    12 WEST 37 STREET
    NEW YORK,NY10015
    NONE   GENERAL USE 5,000
    NEW YONKERS ANIMAL SHELTER FUND
    1000 RIDGE HILL BLVD
    YONKERS,NY10710
    NONE   GENERAL USE 300
    NORTH ROCKLAND HIGH SCHOOL ACADEMY OF FINANCE
    106 HAMMOND ROAD
    THIELLS,NY10984
    NONE   GENERAL USE 3,000
    NORTH SALEM OPEN LAND FOUNDATION INC
    PO BOX 176
    NORTH SALEM,NY10560
    NONE   GENERAL USE 300
    NORTHERN IRELAND CHILDRENS ENTERPRISE
    28 OAKMONT AVENUE
    JACKSON,NJ08527
    NONE   GENERAL USE 300
    NORTHFIELD TRUST FINANCIAL PARTNERS
    1112 ST NICHOLAS AVENUE
    NEW YORK,NY10032
    NONE   GENERAL USE 3,000
    NY CREATIVE ARTS THERAPY FOUNDATION INC
    221 DEVOE AVENUE
    YONKERS,NY10705
    NONE   GENERAL USE 500
    ONENESS REHOBOTH APOSTOLIC CHURCH
    125 EAST THIRD STREET
    MOUNT VERNON,NY10550
    NONE   GENERAL USE 350
    OUR LADY OF FATIMA
    355 SOUTH BROADWAY
    YONKERS,NY10705
    NONE   GENERAL USE 300
    OUR LADY OF LOURDES CHURCH
    463 W 142ND STREET
    NEW YORK,NY10031
    NONE   GENERAL USE 300
    OUR LADY OF MOUNT CARMEL CHURCH
    59 EAST MAIN STREET
    ELMSFORD,NY10523
    NONE   GENERAL USE 300
    OUR LADY OF MT CARMEL CHURCH
    70 PARK HILL AVENUE
    YONKERS,NY10701
    NONE   GENERAL USE 300
    PACE WOMEN'S JUSTICE CENTER
    78 NORTH BROADWAY
    WHITE PLAINS,NY10603
    NONE   GENERAL USE 500
    PAJAMA PROGRAM
    34 EASDT 39TH STREET SUITE B
    NEW YORK,NY10016
    NONE   GENERAL USE 350
    PARC
    31 INTERNATIONAL BLVD
    BREWSTER,NY10509
    NONE   GENERAL USE 2,500
    POLICE ATHLETIC LEAGUE OF YONKERS
    127 NORTH BROADWAY
    YONKERS,NY10701
    NONE   GENERAL USE 500
    PORT CHESTER PUBLIC LIBRARY
    1 HASECO AVENUE
    PORT CHESTER,NY10573
    NONE   GENERAL USE 300
    PREGNANCY CARE CENTER INC
    86 MAYFLOWER AVENUE
    NEW ROCHELLE,NY10801
    NONE   GENERAL USE 300
    PRISCILLA MORELLI RESEARCH FOUNDATION INC
    1861 MULFORD AVENUE
    BRONX,NY10461
    NONE   GENERAL USE 250
    PROGRAM DEVELOPMENT SERVICES
    6908 NEW UTRECHT AVENUE
    BROOKLYN,NY11228
    NONE   GENERAL USE 300
    PROVIDENCE REST FOUNDATION
    3304 WATERBURY AVENUE
    BRONX,NY10465
    NONE   GENERAL USE 500
    QUEENS DAUGHTERS DAY CARE CENTER INC
    73 BUENA VISTA AVENUE
    YONKERS,NY10701
    NONE   GENERAL USE 500
    RAIN
    811 MORRIS PARK AVENUE
    BRONX,NY10462
    NONE   GENERAL USE 500
    REGENCY EXTENDED CARE CENTER
    65 ASHBUTRON AVE
    YONKERS,NY10701
    NONE   GENERAL USE 300
    RESURRECTION CHURCH
    910 BOSTON POST ROAD
    RYE,NY10580
    NONE   GENERAL USE 300
    RICHARD G ROSENTHAL JCC
    600 BEAR RIDGE ROAD
    PLEASANTVILLE,NY10570
    NONE   GENERAL USE 250
    RICHMOND FOUNDATION INC
    272 NORTH BEDFORD ROAD
    MOUNT KISCO,NY10549
    NONE   GENERAL USE 500
    RIVENDELL SCHOOL
    277 THIRD AVENUE
    BROOKLYN,NY11215
    NONE   GENERAL USE 300
    ROMAN CATHOLIC CHURCH OF ST JOSEPH
    10 CROTON FALLS ROAD PO BOX 719
    CROTON FALLS,NY10519
    NONE   GENERAL USE 300
    ROTARY CLUB EAST YONKERS
    PO BOX 771
    YONKERS,NY10710
    NONE   GENERAL USE 250
    RSHM LIFE CENTER
    32-34 BEEKMAN AVENUE
    SLEEPY HOLLOW,NY10591
    NONE   GENERAL USE 7,000
    SACRED HEART CHURCH
    115 SHARPE BLVD
    MT VERNON,NY10550
    NONE   GENERAL USE 800
    SACRED HEART HIGH SCHOOL
    34 CONVENT AVENUE
    YONKERS,NY10703
    NONE   GENERAL USE 500
    SAINT THOMAS AQUINAS COLLEGE
    125 ROUTE 340
    SPARKHILL,NY10976
    NONE   GENERAL USE 50,000
    SALESIAN HIGH SCHOOL
    148 E MAIN STREET
    NEW ROCHELLE,NY10801
    NONE   GENERAL USE 500
    SALESIAN SOCIETY
    PO BOX 639
    NEW ROCHELLE,NY10802
    NONE   GENERAL USE 500
    SCARSDALE SYNAGOGUE TEMPLES
    2 OGDEN ROAD
    SCARSDALE,NY10583
    NONE   GENERAL USE 250
    SELECT HUMAN SERVICES INC
    17-19 MARBLE AVENUE
    PLEASANTVILLE,NY10570
    NONE   GENERAL USE 250
    SERVANTS OF RELIEF FOR INCURABLE CANCER
    600 LINDA AVENUE
    HAWTHORNE,NY10532
    NONE   GENERAL USE 500
    SHAAREI TIKVAH CONSERVATIVE SYNAGOGUE
    46 FOX MEADOW ROAD
    SCARSDALE,NY10583
    NONE   GENERAL USE 300
    SHARING COMMUNITY INC
    PO BOX 657
    YONKERS,NY10702
    NONE   GENERAL USE 300
    SINAI FREE SYNAGOGUE
    550 NORTH COLUMBUS AVENUE
    MOUNT VERNON,NY10552
    NONE   GENERAL USE 300
    SISTERS OF CHARITY
    6301 RIVERDALE AVENUE
    BRONX,NY104719930
    NONE   GENERAL USE 500
    SISTERS OF THE BLESSED SACRAMENT
    85 DROMORE ROAD
    SCARSDALE,NY10583
    NONE   GENERAL USE 300
    SPANISH E DIST COUNCIL ASSEMBLIES OF GOD
    213 OLD TAPPAN ROAD
    OLD TAPPAN,NJ07675
    NONE   GENERAL USE 250
    SPORTSMAN FOR CHARITY
    1088 CENTRAL AVE SUITE 220
    SCARSDALE,NY10583
    NONE   GENERAL USE 1,750
    ST ANN'S CHURCH
    854 MIDLAND AVENUE
    YONKERS,NY10704
    NONE   GENERAL USE 300
    ST BARTHOLOMEW'S CHURCH
    287 SAW MILL RIVER ROAD
    YONKERS,NY10701
    NONE   GENERAL USE 300
    ST BRENDAN CHURCH
    333 EAST 206TH STREET
    BRONX,NY10467
    NONE   GENERAL USE 300
    ST CABRINI NURSING HOME INC
    115 BROADWAY
    DOBBS FERRY,NY10522
    NONE   GENERAL USE 500
    ST CATHARINE ACADEMY
    2250 WILLIAMSBRIDGE ROAD
    BRONX,NY10469
    NONE   GENERAL USE 500
    ST CHRISTOPHER'S INN INC
    BOX 15021 FRANCISCAN WAY
    GARRISON,NY10524
    NONE   GENERAL USE 300
    ST CLARE SCHOOL
    1911 HONE AVENUE
    BRONX,NY10461
    NONE   GENERAL USE 300
    ST EUGENE'S CHURCH
    32 MASSITOA ROAD
    YONKERS,NY10710
    NONE   GENERAL USE 300
    ST FRANCIS OF ASSISI CHURCH
    2 GREEN STREET
    MOUNT KISCO,NY10549
    NONE   GENERAL USE 300
    ST HELENA'S SCHOOL
    1315 OLMSTEAD AVENUE
    BRONX,NY10462
    NONE   GENERAL USE 300
    ST JOESPH'S CATHOLIC CHURCH
    15 CEDAR STREET
    BRONXVILLE,NY10708
    NONE   GENERAL USE 300
    ST JOHN'S EPISCOPAL CHURCH
    100 UNDERHILL STREET
    YONKERS,NY10710
    NONE   GENERAL USE 300
    ST JOHN'S RIVERSIDE HOSPITAL
    967 NORTH BROADWAY
    YONKERS,NY10701
    NONE   GENERAL USE 500
    ST JOSEPH'S CHURCH
    141 ASHBURTON AVENUE
    YONKERS,NY10701
    NONE   GENERAL USE 300
    ST JOSEPH'S MEDICAL CENTER
    127 SOUTH BROADWAY
    YONKERS,NY10701
    NONE   GENERAL USE 500
    ST JOSEPH'S NURSING HOME
    127 SOUTH BROADWAY
    YONKERS,NY10701
    NONE   GENERAL USE 250
    ST JOSEPH'S SEMINARY FUND
    201 SEMINARY AVENUE
    YONKERS,NY10704
    NONE   GENERAL USE 500
    ST LUCYS SCHOOL
    833 MACE AVENUE
    BRONX,NY10467
    NONE   GENERAL USE 300
    ST MARY'S CHURCH
    103 SOUTH BROADWAY
    YONKERS,NY10701
    NONE   GENERAL USE 800
    ST MICHAEL'S ROMAN CATHOLIC CHURCH
    765 CO-OP CITY BLVD
    BRONX,NY10475
    NONE   GENERAL USE 300
    ST PATRICK'S HOME FOR THE AGED & INFIRM
    66 VAN CORTLAND PARK SOUTH
    BRONX,NY10463
    NONE   GENERAL USE 500
    ST PETER'S CHILD CARE CENTER INC
    204 HAWTHORNE AVENUE
    YONKERS,NY10701
    NONE   GENERAL USE 300
    ST PETER'S SCHOOL
    204 HAWTHORNE AVENUE
    YONKERS,NY10705
    NONE   GENERAL USE 300
    ST RAYMOND HIGH SCHOOL FOR BOYS
    2151 ST RAYMOND AVENUE
    BRONX,NY10462
    NONE   GENERAL USE 250
    ST RAYMOND'S CHURCH
    1759 CASTLE HILL AVENUE
    BRONX,NY10462
    NONE   GENERAL USE 500
    ST JUDES CHILDREN'S HOSPITAL
    262 DANNY THOMAS PLACE
    MEMPHIS,TN38105
    NONE   GENERAL USE 750
    ST PETER'S CHURCH
    91 LUDLOW STREET
    YONKERS,NY10705
    NONE   GENERAL USE 300
    ST VINCENT'S HOSPITAL WESTCHESTER
    127 SOUTH BROADWAY
    YONKERS,NY10701
    NONE   GENERAL USE 250
    STEIN YESHIVA OF LINCOLN PARK
    287 CENTRAL PARK AVENUE
    YONKERS,NY10704
    NONE   GENERAL USE 300
    SUMMER SEARCH
    261 FIFTH AVENUE 8TH FLOOR
    NEW YORK,NY10016
    NONE   GENERAL USE 25,000
    SUPPORT CONNECTION INC
    40 TRIANGLE CENTER SUITE 100
    YORKTOWN HEIGHTS,NY10598
    NONE   GENERAL USE 300
    TEMPLE BETH EL OF NORTHERN WESTCHESTER
    220 SOUTH BEDFORD ROAD
    CHAPPAQUA,NY10514
    NONE   GENERAL USE 300
    TEMPLE BETH SHALOM
    740 NORTH BROADWAY
    HASTINGSONHUDSON,NY10706
    NONE   GENERAL USE 300
    TEMPLE BETH TORAH
    330 NORTH HIGHLAND AVENUE
    NYACK,NY10960
    NONE   GENERAL USE 250
    TEMPLE ISRAEL CENTER
    280 OLD MAMARONECK ROAD
    WHITE PLAINS,NY10605
    NONE   GENERAL USE 300
    TEMPLE SHAARAY TEFILA
    89 BALDWIN ROAD
    BEDFORD CORNERS,NY10549
    NONE   GENERAL USE 300
    THE LEUKEMIA AND LYMPHOMA SOCIETY
    1311 MAMARONECK AVE
    WHITE PLAINS,NY10605
    NONE   GENERAL USE 10,000
    THE WARTBURG
    WARTBURG PLACE
    MT VERNON,NY10552
    NONE   GENERAL USE 300
    THESE OUR TREASURES
    338 SALEM ROAD
    POUND RIDGE,NY10576
    NONE   GENERAL USE 500
    TO THE TOP WITH LAPTOPS PROGRAM
    60 EAST 42ND STREET SUITE 1463
    NEW YORK,NY10165
    NONE   GENERAL USE 300
    UNION BAPTIST CHURCH
    31 MANHATTAN AVENUE
    WHITE PLAINS,NY10603
    NONE   GENERAL USE 300
    UNITED HOSPICE OF ROCKLAND
    11 STOKUM LANE
    NEW CITY,NY10956
    NONE   GENERAL USE 250
    UNITED WAY OF ROCKLAND COUNTY
    135 MAIN STREET
    NYACK,NY10960
    NONE   GENERAL USE 17,679
    UNTERMYER GARDENS CONSERVANCY
    33 SOUTH BROADWAY
    YONKERS,NY10701
    NONE   GENERAL USE 250
    UNTERMYER PERFORMING ARTS COUNCIL
    PO BOX 49
    YONKERS,NY10702
    NONE   GENERAL USE 300
    VCS INC
    77 SOUTH MAIN STREET
    NEW CITY,NY10956
    NONE   GENERAL USE 250
    VILLAGE LUTHERAN CHURCH
    172 WHITE PLAINS ROAD
    BRONXVILLE,NY10708
    NONE   GENERAL USE 250
    WEEKDAY NURSERY SCHOOL
    1200 NORTH AVENUE
    NEW ROCHELLE,NY10804
    NONE   GENERAL USE 250
    WESTCHESTER ARC FOUNDATION
    265 SAW MILL RIVER ROAD
    HAWTHORNE,NY10532
    NONE   GENERAL USE 300
    WESTCHESTER COMMUNITY COLLEGE FOUNDATION
    HARTFORD HALL 75 GRASSLANDS ROAD
    VALHALLA,NY10595
    NONE   GENERAL USE 500
    WESTCHESTER DAY SCHOOL
    856 ORIENTA AVENUE
    MAMARONECK,NY10543
    NONE   GENERAL USE 300
    WESTCHESTER ITALIAN CULTURAL CENTER
    ONE GENEROSO POPE PLACE
    TUCKAHOE,NY10707
    NONE   GENERAL USE 500
    WESTCHESTER JEWISH COUNCIL INC
    701 WESTCHESTER AVENUE SUITE 203E
    WHITE PLAINS,NY10604
    NONE   GENERAL USE 250
    WESTCHESTER- PUTNAM BSA
    41 SAW MILL RIVER ROAD
    HAWTHORNE,NY105321519
    NONE   GENERAL USE 250
    WOMEN'S ENTERPRISE DEVELOPMENT CENTER INC
    1133 WESTCHESTER AVENUE SUITE N-220
    WHITE PLAINS,NY10605
    NONE   GENERAL USE 10,000
    WORKING IN SUPPORT OF EDUCATION
    227 EAST 56TH STREET SUITE 201
    NEW YORK,NY10022
    NONE   GENERAL USE 10,000
    YESHIVAT TORES MOSHA
    1412 EAST 7TH STREET
    ROOKLYN,NY11230
    NONE   GENERAL USE 1,200
    YMCA OF CENTRAL & NORTHERN WESTCHESTER
    250 MAMARONECK AVENUE
    WHITE PLAINS,NY10605
    NONE   GENERAL USE 250
    YMCA OF MIDDLETOWN
    81 HIGHLAND AVENUE
    MIDDLETOWN,NY10940
    NONE   GENERAL USE 10,000
    YMCA OF NEW ROCHELLE
    50 WEYMAN AVENUE
    NEW ROCHELLE,NY10805
    NONE   GENERAL USE 10,000
    YMCA OF YONKERS
    17 RIVERDALE AVENUE
    YONKERS,NY10701
    NONE   GENERAL USE 300
    YONKERS HISTORICAL SOCIETY
    PO BOX 190
    YONKERS,NY10710
    NONE   GENERAL USE 300
    YORKTOWN JEWISH CENTER
    2166 CROMPOUND ROAD
    YORKTOWN HEIGHTS,NY10598
    NONE   GENERAL USE 300
    YOUNG ISRAEL OF SCARSDALE
    220 EAST 8TH STREET
    MOUNT VERNON,NY10550
    NONE   GENERAL USE 300
    YOUNG ISRAEL OF WHITE PLAINS
    135 OLD MAMARONECK AVENUE
    WHITE PLAINS,NY10605
    NONE   GENERAL USE 300
    YOUTH SHELTER OF WESTCHESTER
    220 EAST 8TH STREET
    MOUNT VERNON,NY10550
    NONE   GENERAL USE 300
    Total .................................bullet 3a 472,579
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    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
    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 76,986  
    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 ............
        18 127,066  
    9 Net income or (loss) from special events:     01 15,075  
    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).. 0 219,127 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13219,127
    (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 (2015)
    Form 990-PF (2015)
    Page 13
    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 organizations?
    Yes
    No
    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) 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 name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    STERLING NATIONAL BANK
    CHARITABLE FOUNDATION
    Employer identification number

    32-0103899
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    STERLING NATIONAL BANK
    CHARITABLE FOUNDATION
    Employer identification number
    32-0103899
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
    HVB FOUNDATION
     

       
    400 RELLA BOULEVARD
     
    MONTEBELLO, NY10901

    $ 63,381


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

       
     
     

    $  


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

       
     
     

    $  


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

       
     
     

    $  


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

       
     
     

    $  


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

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    STERLING NATIONAL BANK
    CHARITABLE FOUNDATION
    Employer identification number

    32-0103899
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    STERLING NATIONAL BANK
    CHARITABLE FOUNDATION
    Employer identification number

    32-0103899
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    STERLING NATIONAL BANK
     
    CHARITABLE FOUNDATION
    EIN:
    32-0103899
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 2,670 0 0 0

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    STERLING NATIONAL BANK
     
    CHARITABLE FOUNDATION
    EIN:
    32-0103899
    Name of Stock End of Year Book Value End of Year Fair Market Value
    255,350 SHS STERLING BANCORP 2,793,018 4,141,777

    TY 2015 OtherExpensesSchedule
    Name:
    STERLING NATIONAL BANK
     
    CHARITABLE FOUNDATION
    EIN:
    32-0103899
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSES 4,197 0 0 0
    FUNDRAISER EXPENSES 8,775 0 8,775 0


    TY 2015 OtherIncomeSchedule2
    Name:
    STERLING NATIONAL BANK
     
    CHARITABLE FOUNDATION
    EIN:
    32-0103899
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    GROSS INCOME FROM SPECIAL FUNDRAISING EVENTS 23,850   23,850


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    STERLING NATIONAL BANK
     
    CHARITABLE FOUNDATION
    EIN:
    32-0103899
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES 30 30 0 0


    TY 2015 TaxesSchedule
    Name:
    STERLING NATIONAL BANK
     
    CHARITABLE FOUNDATION
    EIN:
    32-0103899
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 275 0 0 0