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
THE CARROLL AND MILTON PETRIE
FOUNDATION INC C/O BRANDMAN AT STROOCK
Number and street (or P.O. box number if mail is not delivered to street address)180 MAIDEN LANE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10038
A Employer identification number

20-1451752
B Telephone number (see instructions)

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

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$71,949,459J 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) 55,586,690
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 129,057 129,057  
4 Dividends and interest from securities... 989,021 989,021  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -266,325
b Gross sales price for all assets on line 6a 24,827,743
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 10,708 0  
12 Total. Add lines 1 through 11........ 56,449,151 1,118,078  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 104,167 0   104,167
15 Pension plans, employee benefits....... 31,750 0   300
16a Legal fees (attach schedule)......... Click to see attachment 40,035 30,026   10,019
b Accounting fees (attach schedule)....... Click to see attachment 7,900 3,871   4,029
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 39,887 0   8,200
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 254,383 0   1,470
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 478,122 33,897   128,185
25 Contributions, gifts, grants paid....... 5,033,145 5,033,145
26 Total expenses and disbursements. Add lines 24 and 25 5,511,267 33,897   5,161,330
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 50,937,884
b Net investment income (if negative, enter -0-) 1,084,181
c Adjusted net income (if negative, enter -0-)...  
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............. 9,435 6,713 6,713
2 Savings and temporary cash investments......... 7,108,194 8,605,403 8,605,403
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) 0 Click to see attachment518,865 518,865
b Investments—corporate stock (attach schedule)....... 15,966,663 Click to see attachment60,156,810 60,156,810
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment109,982 109,982
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment2,551,686 2,551,686
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) 23,084,292 71,949,459 71,949,459
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 23,084,292 71,949,459
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)..... 23,084,292 71,949,459
31 Total liabilities and net assets/fund balances (see instructions). 23,084,292 71,949,459
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
23,084,292
2
Enter amount from Part I, line 27a .....................
2
50,937,884
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
74,022,176
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,072,717
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
71,949,459
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 PUBLICLY TRADED SECURITIES P    
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 24,827,743   25,094,068 -266,325
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -266,325
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -266,325
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 4,472,208 18,703,491 0.239111
2013 4,824,291 19,654,899 0.245450
2012 5,430,514 18,999,219 0.285828
2011 5,801,870 33,883,609 0.171229
2010 6,711,116 25,839,692 0.259721
2
Total of line 1, column (d) .....................
21.201339
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
0.240268
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
55,692,208
5
Multiply line 4 by line 3......................
5
13,381,055
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
10,842
7
Add lines 5 and 6........................
7
13,391,897
8
Enter qualifying distributions from Part XII, line 4.............
8
5,161,330
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 21,684
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 21,684
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 21,684
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 29,385
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 29,385
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 164
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 7,537
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet7,537 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
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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 addressbulletN/A
    14
    The books are in care ofbulletCO ETTA BRANDMAN AT STROOCK Telephone no.bullet (212) 806-6027

    Located atbullet180 MAIDEN LANENEW YORKNY ZIP+4bullet10038
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 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
    JEROME A MANNING DIRECTOR
    1.00     		0 0 0
    180 MAIDEN LANE
    NEW YORK,NY10038
    JEAN L TROUBH DIRECTOR/VICE-PRESIDENT
    1.00     		0 0 0
    180 MAIDEN LANE
    NEW YORK,NY10038
    CARROLL PETRIE HONORARY CHAIRPERSON
    1.00     		0 0 0
    180 MAIDEN LANE
    NEW YORK,NY10038
    CHARLES A KLEINS DIRECTOR/SECRETARY/TREASURER
    1.00     		0 0 0
    180 MAIDEN LANE
    NEW YORK,NY10038
    ETTA BRANDMAN DIRECTOR/PRSEIDENT
    1.00     		0 0 0
    180 MAIDEN LANE
    NEW YORK,NY10038
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    BETH LEIF EXECUTIVE DIRECTOR
    30.00     		104,167 20,000 0
    C/O CARROLL MILTON PETRIE FND 767
    THIRD AVENUE
    NEW YORK,NY10038
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    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
    50,196,273
    b
    Average of monthly cash balances.......................
    1b
    6,344,040
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    56,540,313
    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
    56,540,313
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    848,105
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    55,692,208
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,784,610
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    2,784,610
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    21,684
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    21,684
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,762,926
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,762,926
    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
    2,762,926
    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
    5,161,330
    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
    5,161,330
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    5,161,330
    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 2,762,926
    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...... 5,432,768
    b From 2011...... 5,801,870
    c From 2012...... 5,430,514
    d From 2013...... 3,866,227
    e From 2014...... 3,562,055
    fTotal of lines 3a through e........ 24,093,434
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 5,161,330
    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..... 2,762,926
    e Remaining amount distributed out of corpus 2,398,404
    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 26,491,838
    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) ...     		5,432,768
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		21,059,070
    10 Analysis of line 9:
    a Excess from 2011.... 5,801,870
    b Excess from 2012.... 5,430,514
    c Excess from 2013.... 3,866,227
    d Excess from 2014.... 3,562,055
    e Excess from 2015.... 2,398,404
    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 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 (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
    BARUCH COLLEGE
    5 LEXINGTON AVENUE
    NEW YORK,NY10010     		NONE PUBLIC EDUCATIONAL 100,000
    BOROUGH OF MANHATTAN COMMUNITY COLLEGE
    199 CHAMBERS ST
    NEW YORK,NY10007     		NONE PUBLIC EDUCATIONAL 240,263
    BOTTOM LINE
    44 COURT ST 300
    BROOKLYN,NY11201     		NONE PUBLIC EDUCATIONAL 125,000
    BRONX COMMUNITY COLLEGE
    2155 UNIVERSITY AVENUE
    NEW YORK,NY10453     		NONE PUBLIC EDUCATIONAL 100,000
    BROOKLYN COLLEGE FOUNDATION
    2900 BEDFORD AVENUE
    BROOKLYN,NY11210     		NONE PUBLIC EDUCATIONAL 100,000
    CITY PARKS FOUNDATION
    830 FIFTH AVENUE
    NEW YORK,NY10021     		NONE PUBLIC EDUCATIONAL 40,000
    COLLEGE OF STATEN ISLAND
    2800 VICTORY BLVD
    STATEN ISLAND,NY10314     		NONE PUBLIC EDUCATIONAL 82,588
    COOPER UNION
    30 COOPER SQ
    NEW YORK,NY10003     		NONE PUBLIC EDUCATIONAL 35,000
    GOOD SHEPHERD SERVICES
    337 E 17TH ST
    NEW YORK,NY10003     		NONE PUBLIC EDUCATIONAL 100,000
    GUTTMAN COMMUNITY COLLEGE
    50 W 40TH ST
    NEW YORK,NY10018     		NONE PUBLIC EDUCATIONAL 30,000
    HOSTOS COMMUNITY COLLEGE
    500 GRAND CONCOURSE
    BRONX,NY10451     		NONE PUBLIC EDUCATIONAL 215,000
    INTERNATIONAL NETWORK FOR PUBLIC SCHOOLS
    50 BROADWAY
    NEW YORK,NY10004     		NONE PUBLIC EDUCATIONAL 200,000
    JOHN JAY COLLEGE OF CRIMINAL JUSTICE
    524 WEST 59TH STREET
    NEW YORK,NY10019     		NONE PUBLIC EDUCATIONAL 100,000
    KINGSBOROUGH COMMUNITY COLLEGE
    2001 ORIENTAL BLVD
    BROOKLYN,NY11235     		NONE PUBLIC EDUCATIONAL 100,181
    LAGUARDIA COMMUNITY COLLEGE FOUNDATION
    31-10 THOMSON AVE
    LONG ISLAND,NY11101     		NONE PUBLIC EDUCATIONAL 193,880
    LEHMAN COLLEGE
    250 BEDFORD PARK BOULEVARD WEST
    BRONX,NY10468     		NONE PUBLIC EDUCATIONAL 100,000
    MEDGAR EVERS COLLEGE
    1650 BEDFORD AVE
    BROOKLYN,NY11225     		NONE PUBLIC EDUCATIONAL 100,000
    NEW VISIONS FOR PUBLIC SCHOOLS
    320 W 13TH ST
    NEW YORK,NY10014     		NONE PUBLIC EDUCATIONAL 400,000
    NEW YORK CITY COLLEGE OF TECHNOLOGY FOUNDATION
    300 JAY STREET
    BROOKLYN,NY11201     		NONE PUBLIC EDUCATIONAL 100,000
    NEW YORK CITY OUTWARD BOUND
    29-46 NORTHERN BLVD
    NEW YORK,NY11101     		NONE PUBLIC EDUCATIONAL 100,000
    NEW YORK UNIVERSITY
    70 WASHINGTON SQUARE SOUTH
    NEW YORK,NY10012     		NONE PUBLIC EDUCATIONAL 335,000
    NEW YORK UNIVERSITY SCHOOL OF LAW
    245 SULLIVAN ST
    NEW YORK,NY10012     		NONE PUBLIC EDUCATIONAL 1,000,000
    PURCHASE COLLEGE FOUNDATION
    735 ANDERSON HILL RD
    PURCHASE,NY10577     		NONE PUBLIC EDUCATIONAL 100,000
    QUEENS COLLEGE
    65-30 KISSENA BLVD
    FLUSHING,NY11367     		NONE PUBLIC EDUCATIONAL 100,000
    QUEENSBOROUGH COMMUNITY COLLEGE
    222-05 56TH AVE
    NEW YORK,NY11364     		NONE PUBLIC EDUCATIONAL 100,000
    RESEARCH FOUNDATION FOR CUNY
    30 WEST 41ST ST
    NEW YORK,NY10036     		NONE PUBLIC EDUCATIONAL 461,660
    THE NEW SCHOOL
    66 WEST 66 12TH STREET
    NEW YORK,NY10011     		NONE PUBLIC EDUCATIONAL 100,000
    THE URBAN ASSEMBLY
    90 BROAD STREET
    NEW YORK,NY10004     		NONE PUBLIC EDUCATIONAL 210,000
    YORK COLLEGE FOUNDATION
    94 - 20 GUY R BREWER BLVD
    JAMAICA,NY11451     		NONE PUBLIC EDUCATIONAL 64,573
    Total .................................bullet 3a 5,033,145
    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 ...........     		    14 129,057  
    4 Dividends and interest from securities....     14 989,021  
    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 -266,325  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aMISCELLANOUS     		    01 10,708  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 862,461 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13862,461
    (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
    THE CARROLL AND MILTON PETRIE
    FOUNDATION INC C/O BRANDMAN AT STROOCK
    Employer identification number

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





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    THE CARROLL AND MILTON PETRIE
    FOUNDATION INC C/O BRANDMAN AT STROOCK         		Employer identification number
    20-1451752
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    CARROLL PETRIE MARITAL TRUST  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$ 48,507,033


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

    CARROLL PETRIE MARITAL TRUST  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$ 883,997


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

    TRUST UWO MILTON PETRIE FBO DEVORAH  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$ 531,946


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

    TRUST UWO MILTON PETRIE FBO HERBERT  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$ 491,186


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

    TRUST UWO MILTON PETRIE FBO BARBARA  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$ 261,856


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

    TRUST UWO MILTON PETRIE FBO ADELE P  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$ 226,702


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Name of organization
    THE CARROLL AND MILTON PETRIE
    FOUNDATION INC C/O BRANDMAN AT STROOCK         		Employer identification number
    20-1451752
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
     
     

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

    		$ 215,832


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

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

    		$ 204,801


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

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

    		$ 199,999


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

    TRUST UWO MILTON PETRIE FBO ESTHER  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$ 112,234


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    11
     
     

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

    		$ 96,250


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    12
     
     

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

    		$ 75,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Name of organization
    THE CARROLL AND MILTON PETRIE
    FOUNDATION INC C/O BRANDMAN AT STROOCK         		Employer identification number
    20-1451752
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    13
     
     

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

    		$ 50,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    14
     
     

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

    		$ 37,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    15
     
     

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

    		$ 24,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    16
     
     

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

    		$ 11,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    17
     
     

    TRUST UWO MILTON PETRIE FBO WILLIAM  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$ 8,333


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    18
     
     

    TRUST UWO MILTON PETRIE ART 22A11  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$ 5,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Name of organization
    THE CARROLL AND MILTON PETRIE
    FOUNDATION INC C/O BRANDMAN AT STROOCK         		Employer identification number
    20-1451752
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    19
     
     

    TRUST UWO MILTON PETRIE FBO DOROTHY  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$ 4,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    20
     
     

    TRUST UWO MILTON PETRIE FBO LAVERNE  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$ 1,667


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    21
     
     

    TRUST UWO MILTON PETRIE FBO NORMA L  
    STROOCKSTROOCK LAVAN 180 MAIDEN LAN
     
    NEW YORK, NY10038

    		$ 1,500


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (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
    THE CARROLL AND MILTON PETRIE
    FOUNDATION INC C/O BRANDMAN AT STROOCK         		Employer identification number

    20-1451752
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 STOCK CONTRIBUTION $ 48,507,033 2015-06-03
    (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
    THE CARROLL AND MILTON PETRIE
    FOUNDATION INC C/O BRANDMAN AT STROOCK         		Employer identification number

    20-1451752
    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:
    THE CARROLL AND MILTON PETRIE
     
    FOUNDATION INC C/O BRANDMAN AT STROOCK
    EIN:
    20-1451752
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 7,900 3,871   4,029

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    THE CARROLL AND MILTON PETRIE
     
    FOUNDATION INC C/O BRANDMAN AT STROOCK
    EIN:
    20-1451752
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CITIGROUP INC SENIOR NOTE 60,008 60,008
    TORONTO DOMINION BANK SR NT 49,974 49,974

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE CARROLL AND MILTON PETRIE
     
    FOUNDATION INC C/O BRANDMAN AT STROOCK
    EIN:
    20-1451752
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE 515,388 515,388
    ACCENTURE PLC 522,500 522,500
    ACE LTD 584,250 584,250
    AIA GROUP 752,320 752,320
    ALASKA AIR GROUP INC. 281,785 281,785
    ALLERGAN INC. 989,688 989,688
    ALPHABET INC CLASS A 567,947 567,947
    ALPHABET INC CLASS C 601,033 601,033
    ALTRIA 116,420 116,420
    AMAZON 1,622,136 1,622,136
    AMERICAN AIRLINES GROUP INC 762,300 762,300
    AMERICAN EXPRESS CO 556,400 556,400
    AMERICAN TOWER CORP 184,068 184,068
    AMETEK INC 509,105 509,105
    ANADARKO PETROLEUM CORP 412,930 412,930
    AON PLC 820,669 820,669
    APPLE COMPUTER INC 1,578,900 1,578,900
    APPLE INC 221,046 221,046
    ASSURANT INC 338,268 338,268
    AUSTRALIA & NEW ZEALAND BKG GRP(AUD)1PAR 101,735 101,735
    AUTOMATIC DATA PROCESSING INC 389,712 389,712
    AVAGO TECHNOLOGIES LTD 217,725 217,725
    AXALTA COATING SYSTEMS LTD 533,000 533,000
    BLACKROCK INC 1,021,560 1,021,560
    BOC HONG KONG HOLDINGS LTD(HKD) 671,708 671,708
    BOEING CO 708,491 708,491
    BRISTOL-MYERS SQUIBB CO 894,270 894,270
    CELGENE CORP 1,317,360 1,317,360
    CERNER CORP 491,709 491,709
    CHEVRON 719,680 719,680
    CISCO SYSTEMS INC 339,438 339,438
    CITIGROUP INC 279,450 279,450
    COCA COLA CO 279,240 279,240
    COLGATE PALMOLIVE CO 113,254 113,254
    COMCAST CORP CL A 366,795 366,795
    COMPAGNIE FINANCIERE RICHEMONT SA 513,766 513,766
    CONCHO RESOURCES INC 306,438 306,438
    COSTCO WHOLESALE CORP 1,992,910 1,992,910
    D R HORTON INC 233,819 233,819
    DAIMLER AG (EUR) 759,283 759,283
    DELTA AIR LINES INC DEL 506,900 506,900
    DOW CHEMICAL CO 617,760 617,760
    EMC CORP 436,560 436,560
    EOG RESOURCES INCORPORATION 849,480 849,480
    EXPRESS SCRIPTS HOLDING CO 874,100 874,100
    FAST RETAILING CO LTD 649,205 649,205
    FEDEX CORP 268,181 268,181
    GENERAL ELECTRIC CO 1,246,000 1,246,000
    GILEAD SCIENCES INC 445,236 445,236
    HOME DEPOT INC 595,125 595,125
    HONEYWELL INTERNATIONAL 517,851 517,851
    HYUNDAI MOTOR CO. 611,800 611,800
    INTEL CORP 1,102,400 1,102,400
    INTERNATIONAL BUSINESS MACHINES CORP 247,716 247,716
    INVESTOR AB(SEK) 1,555,207 1,555,207
    JOHNSON & JOHNSON CO 441,696 441,696
    KIMBERLY CLARK CORP 127,300 127,300
    KONIKIJKE PHILIPS ELECTRS N V SPON ADR 259,590 259,590
    LILLY ELI & CO 463,430 463,430
    LINCOLN NATIONAL CORP IND. 341,768 341,768
    LOREAL S A (EUR) 2 NEW 603,926 603,926
    LOUIS VUITTON MOET HENNESSY 642,181 642,181
    LYONDELLBASELL INDUSTRIES NV CL A 260,700 260,700
    MCDONALDS CORP 354,420 354,420
    MICROCHIP TECHNOLOGY INC 603,624 603,624
    MICROSOFT CORP 466,032 466,032
    MICROSOFT CORP 554,800 554,800
    NESTLE SA (CHF) 1 918,111 918,111
    NEXTERA ENERGY INC 727,230 727,230
    NIKE INC 1,357,500 1,357,500
    NOVO-NORDISK AS 261,997 261,997
    OCCIDENTAL PETROLEUM CORP 507,075 507,075
    ORACLE CORP 438,360 438,360
    PAYCHEX INC 539,478 539,478
    PERRIGO CO PLC 868,200 868,200
    PFIZER INC 839,280 839,280
    PHILIP MORRIS INTERNATIONAL INC 263,730 263,730
    PIONEER NATURAL RESOURCES CO 551,672 551,672
    PNC FINANCIAL SERVICE GROUP INC 381,240 381,240
    PRAXXAIR INC. 513,843 513,843
    PRICE T ROWE GROUP INC 157,278 157,278
    PROCTER & GAMBLE CO. 476,460 476,460
    RATHEON CO 311,325 311,325
    RED HAT INC 662,480 662,480
    ROCHE HOLDING AG BASEL (CHF) AKT 469,536 469,536
    ROCHE HOLDING AG BASIL (CHF) 1,103,393 1,103,393
    ROYAL DUTCH PLC ADR 105,317 105,317
    SANDISK CORP 463,539 463,539
    SCHLUMBERGER LTD 569,160 569,160
    SEAGATE TECHNOLOGY 381,264 381,264
    SKANSKA AB-B (SEK) 546,464 546,464
    STANLEY BLACK & DECKER INC 116,790 116,790
    TAIWAN SEMICONDUCTOR MFG CO SPON ADR 1,456,000 1,456,000
    TEVA PHARMACEUTICAL INDS LTD ADR 275,688 275,688
    TOLL BROTHERS INC 173,160 173,160
    TORONTO DOMINION BK ONT NEW (CAD) 125,344 125,344
    TRAVELERS COS INC 519,156 519,156
    UNION PACIFIC CORP 93,840 93,840
    UNITED CONTINENTAL HOLDINGS INC 378,180 378,180
    UNITED PARCEL SVC INC CL B 837,201 837,201
    UNITED TECHNOLOGIES CORP 88,673 88,673
    W R GRACE INC 268,893 268,893
    WALT DISNEY 2,120,514 2,120,514
    WELLS FARGO & CO NEW 271,800 271,800
    WESTERN DIGITAL CORP 186,155 186,155

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    THE CARROLL AND MILTON PETRIE
     
    FOUNDATION INC C/O BRANDMAN AT STROOCK
    EIN:
    20-1451752
    US Government Securities - End of Year Book Value:

    518,865
    US Government Securities - End of Year Fair Market Value:

    518,865
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2015 InvestmentsOtherSchedule2
    Name:
    THE CARROLL AND MILTON PETRIE
     
    FOUNDATION INC C/O BRANDMAN AT STROOCK
    EIN:
    20-1451752
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CARL MARKS STRATEGIC OPPS FD II LP FMV 839,792 839,792
    CARL MARKS STRATEGIC OPPS FD LP- NON- DISCRET ASSET ADVISED ACCT FMV 302,194 302,194
    DORCHESTER CAPITAL SECONDARIES OFFSHORE II LP FMV 229,798 229,798
    ISHARES US INTERMEDIATE CREDIT BOND FMV 579,312 579,312
    ISHARES US PREFERRED STOCK ETF FMV 102,953 102,953
    VANGUARD SHORT TERM CORPORATE BOND FUND FMV 497,637 497,637

    TY 2015 LegalFeesSchedule
    Name:
    THE CARROLL AND MILTON PETRIE
     
    FOUNDATION INC C/O BRANDMAN AT STROOCK
    EIN:
    20-1451752
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 40,035 30,026   10,019


    TY 2015 OtherDecreasesSchedule
    Name:
    THE CARROLL AND MILTON PETRIE
     
    FOUNDATION INC C/O BRANDMAN AT STROOCK
    EIN:
    20-1451752
    Description Amount
    UNREALIZED LOSS ON INVESTMENTS 2,072,717


    TY 2015 OtherExpensesSchedule
    Name:
    THE CARROLL AND MILTON PETRIE
     
    FOUNDATION INC C/O BRANDMAN AT STROOCK
    EIN:
    20-1451752
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 4,755 0   713
    OFFICE EXPENSES 180 0   180
    TRAVEL 577 0   577
    OTHER FEES 5,162 0   0
    DUES & SUBSCRIPTIONS 91 0   0
    INVESTMENT MANAGEMENT FEES 243,618 0   0


    TY 2015 OtherIncomeSchedule2
    Name:
    THE CARROLL AND MILTON PETRIE
     
    FOUNDATION INC C/O BRANDMAN AT STROOCK
    EIN:
    20-1451752
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANOUS 10,708   10,708


    TY 2015 TaxesSchedule
    Name:
    THE CARROLL AND MILTON PETRIE
     
    FOUNDATION INC C/O BRANDMAN AT STROOCK
    EIN:
    20-1451752
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 8,200 0   8,200
    FEDERAL TAXES- ESTIMATED PAYMENTS 26,602 0   0
    FOREIGN TAXES PAID 5,085 0   0