Form990-PF
Click to see list of attachments

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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 11-01-2017 , and ending 10-31-2018
Name of foundation
B THOMAS GOLISANO FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)ONE FISHERS ROAD
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSFORD, NY14534
A Employer identification number

22-2692938
B Telephone number (see instructions)

(585) 340-1200
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
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$39,098,011
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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 44,977 44,977 44,977
4 Dividends and interest from securities... 1,025,493 1,025,493 1,025,493
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 744,728
b Gross sales price for all assets on line 6a 4,592,213
7 Capital gain net income (from Part IV, line 2)... 744,728
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,815,198 1,815,198 1,070,470
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 181,234     181,234
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 1,500     1,500
b Accounting fees (attach schedule)....... 4,013     4,013
c Other professional fees (attach schedule).... 29,610     29,610
17 Interest............... 186,248 186,248    
18 Taxes (attach schedule) (see instructions)... 32,023 9,462    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 5,250     5,250
21 Travel, conferences, and meetings....... 15,909     15,909
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 207,755 167,697   40,058
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 663,542 363,407   277,574
25 Contributions, gifts, grants paid....... 1,654,600 1,654,600
26 Total expenses and disbursements. Add lines 24 and 25 2,318,142 363,407   1,932,174
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -502,944
b Net investment income (if negative, enter -0-) 1,451,791
c Adjusted net income (if negative, enter -0-)... 1,070,470
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments.........   8,348 8,348
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)....... 20,633,425 21,326,418 38,589,663
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).......... 500,000 500,000 500,000
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) 21,133,425 21,834,766 39,098,011
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) Click to see attachment4,759,212 Click to see attachment5,963,497
23 Total liabilities (add lines 17 through 22)......... 4,759,212 5,963,497
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 16,374,213 15,871,269
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 16,374,213 15,871,269
30 Total liabilities and net assets/fund balances (see instructions). 21,133,425 21,834,766
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
16,374,213
2
Enter amount from Part I, line 27a .....................
2
-502,944
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
15,871,269
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
15,871,269
Form 990-PF (2019)
Form 990-PF (2019)
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 GENESEE VALLEY TRUST - SEE ATTACHED PDF P 2018-01-01 2018-10-31
b GENESEE VALLEY TRUST - SEE ATTACHED PDF P 2001-01-01 2018-10-31
c 763 VIRTUS SEIX FLT RT P 2016-11-01 2017-11-03
d 714.161 CREDIT SUISSE P 2016-11-01 2017-12-07
e 3093.598 BLACKROCK HIGH YIELD P 2016-11-01 2017-12-07
497.206 T ROWE PRICE INST P 2016-11-01 2017-12-07
2432.783 LORD ABBETT P 2016-11-01 2018-01-23
1017.798 PIMCO FD PAC P 2017-11-01 2018-01-23
385.596 JH II STRAT P 2017-11-01 2018-01-30
739.623 LORD ABBETT P 2016-11-01 2018-01-30
369.298 MUZINICH LOW DURAT P 2017-11-01 2018-02-06
299.513 MUZINICH LOW DURAT P 2017-11-01 2018-02-07
3376.735 METROPOLITAN WEST P 2016-11-01 2018-03-02
609.92 PIMCO FD PAC P 2017-11-01 2018-03-05
597.383 PIMCO FD PAC P 2017-11-01 2018-03-06
587.115 PIMCO FD PAC P 2017-11-01 2018-03-07
623.57 PIMCO FD PAC P 2017-11-01 2018-03-08
252.073 COHEN & STEERS P 2016-11-01 2018-04-05
224.667 FEDERATED INST P 2016-11-01 2018-04-05
115.517 MATTHEWS ASIA P 2016-11-01 2018-04-05
145.236 PIMCO UNCONSTRAINED P 2016-11-01 2018-04-05
664.745 AMERICAN BEACON P 2016-11-01 2018-04-26
1218.574 JH II STRAT P 2017-11-01 2018-04-26
74.791 John Hancock LRF P 2017-11-01 2018-04-26
217.972 LAZARD EMERG MKT P 2017-11-01 2018-05-30
53 VANGUARD FTSE P 2017-11-01 2018-05-31
58 VANGUARD FTSE P 2017-11-01 2018-05-31
648.493 LAZARD EMERG MKT P 2017-11-01 2018-06-19
150 BLACKROCK HIGH YIELD P 2016-11-01 2018-08-03
87.361 COHEN & STEERS P 2016-11-01 2018-08-03
292.094 CREDIT SUISSE P 2016-11-01 2018-08-03
279.576 Doubleline Total Return P 2016-11-01 2018-08-03
567.464 LORD ABBETT P 2016-11-01 2018-08-03
196.516 METROPOLITAN WEST P 2017-11-01 2018-08-03
78.318 NUVEEN PREFERRED P 2017-11-01 2018-08-03
155.327 MUZINICH LOW DURAT P 2017-11-01 2018-08-03
157.272 T ROWE PRICE INST P 2016-11-01 2018-08-03
97.761 SIT Dividend Growth P 2017-11-01 2018-08-03
138.235 VOYA FLOATING RATE P 2016-11-01 2018-08-03
401 VANGUARD FTSE P 2016-11-01 2018-08-14
689.88 FHLMC GOLD P 2016-11-01 2017-11-15
1180 OCEANEERING INTL P 2017-11-01 2017-11-21
343.43 FNMA P 2016-11-01 2017-11-27
403.69 FNMA P 2016-11-01 2017-11-27
261.35 FNMA P 2016-11-01 2017-11-27
593.65 FNMA P 2016-11-01 2017-11-27
20 AMAZON.COM P 2016-11-01 2017-11-29
393.58 FHLMC GOLD P 2016-11-01 2017-12-15
155 FEDEX CORP P 2017-11-01 2017-12-15
481.62 FNMA P 2016-11-01 2017-12-26
432.24 FNMA P 2016-11-01 2017-12-26
220.54 FNMA P 2016-11-01 2017-12-26
514.84 FNMA P 2016-11-01 2017-12-26
35 ALPHABET INC. P 2016-11-01 2017-12-22
35 ALPHABET INC. P 2016-11-01 2017-12-22
710.52 FHLMC GOLD P 2016-11-01 2018-01-16
40 AMAZON.COM P 2016-11-01 2018-01-12
680 SERVICENOW INC. P 2016-11-01 2018-01-18
735 ASHLAND GLOBAL P 2016-11-01 2018-01-19
400.72 FNMA P 2016-11-01 2018-01-25
124.28 FNMA P 2016-11-01 2018-01-25
224.02 FNMA P 2016-11-01 2018-01-25
459.59 FNMA P 2016-11-01 2018-01-25
1165 ARCONIC P 2016-11-01 2018-02-06
150000 US TREASURY NOTES P 2017-11-01 2018-02-13
476.07 FHLMC GOLD P 2016-11-01 2018-02-15
2340 NIELSEN HOLDINGS P 2016-11-01 2018-02-16
1615 ARCONIC P 2016-11-01 2018-02-16
1795 FIRST QUANTUM P 2017-11-01 2018-02-16
423.82 FNMA P 2016-11-01 2018-02-26
105.97 FNMA P 2016-11-01 2018-02-26
287.87 FNMA P 2016-11-01 2018-02-26
428.82 FNMA P 2016-11-01 2018-02-26
450 SERVICENOW INC. P 2016-11-01 2018-02-28
305 VERTEX PHARM. P 2016-11-01 2018-03-06
850 EXPRESS SCRIPTS P 2016-11-01 2018-03-08
505 SOUTHER COPPER CORP P 2016-11-01 2018-03-09
175 SOUTHER COPPER CORP P 2016-11-01 2018-03-09
345.99 FHLMC GOLD P 2016-11-01 2018-03-15
370 SKYWORKS P 2016-11-01 2018-03-16
460 FACEBOOK INC P 2016-11-01 2018-03-19
402.59 FNMA P 2016-11-01 2018-03-26
173.16 FNMA P 2016-11-01 2018-03-26
326.7 FNMA P 2016-11-01 2018-03-26
359.89 FNMA P 2016-11-01 2018-03-26
1295 DAVITA INC P 2017-11-01 2018-04-04
635 EURONET WORLDWIDE P 2017-11-01 2018-04-04
445.03 FHLMC GOLD P 2016-11-01 2018-04-16
14000 US TREASURY NOTES P 2016-11-01 2018-04-16
465.74 FNMA P 2016-11-01 2018-04-25
217.99 FNMA P 2016-11-01 2018-04-25
192.08 FNMA P 2016-11-01 2018-04-25
542.42 FNMA P 2016-11-01 2018-04-25
146000 US TREASURY NOTES P 2016-11-01 2018-04-30
1760 WEYERHAEUSER P 2016-11-01 2018-04-30
1022.74 GBP SPOT FX P 2017-11-01 2018-04-09
493.69 FHLMC GOLD P 2016-11-01 2018-05-15
42 E*TRADE P 2017-11-01 2018-05-17
118 E*TRADE P 2016-11-01 2018-05-17
2020 ANTOFAGASTA PLC P 2017-11-01 2018-05-16
394.41 FNMA P 2017-11-01 2018-05-25
217.81 FNMA P 2017-11-01 2018-05-25
226.35 FNMA P 2017-11-01 2018-05-25
394.31 FNMA P 2017-11-01 2018-05-25
2092.85 EURO SPOT FX P 2017-11-01 2018-05-07
715 QORVO INC P 2017-11-01 2018-06-05
65 BIOGEN P 2016-11-01 2018-06-07
460.65 FHLMC GOLD P 2016-11-01 2018-06-15
195 SEATTLE GENETICS P 2017-11-01 2018-06-15
280 ELECTRONIC ARTS P 2016-11-01 2018-06-19
380 LULULEMON ATHLETICA P 2016-11-01 2018-06-20
458.66 FNMA P 2016-11-01 2018-06-25
128.05 FNMA P 2016-11-01 2018-06-25
205.9 FNMA P 2016-11-01 2018-06-25
413.32 FNMA P 2016-11-01 2018-06-25
40 BIOGEN P 2016-11-01 2018-06-28
399.26 FHLMC GOLD P 2016-11-01 2018-07-16
45 REGENERON PHARM. P 2017-11-01 2018-07-13
30 REGENERON PHARM. P 2017-11-01 2018-07-17
135 SEATTLE GENETICS P 2017-11-01 2018-07-17
240 INCYTE CORP P 2017-11-01 2018-07-18
190 BIOMARIN PHARMA P 2016-11-01 2018-07-19
412.09 FNMA P 2016-11-01 2018-07-25
58.2 FNMA P 2016-11-01 2018-07-25
365.54 FNMA P 2016-11-01 2018-07-25
332.19 FNMA P 2016-11-01 2018-07-25
305 SERVICENOW INC. P 2016-11-01 2018-07-23
1210 FACEBOOK INC P 2016-11-01 2018-07-26
315 SKYWORKS P 2016-11-01 2018-08-03
389.03 FHLMC GOLD P 2016-11-01 2018-08-15
325.61 FNMA P 2016-11-01 2018-08-27
124.34 FNMA P 2016-11-01 2018-08-27
289.94 FNMA P 2016-11-01 2018-08-27
396.32 FNMA P 2016-11-01 2018-08-27
175 EQUIFAX P 2017-11-01 2018-08-31
491 FHLMC GOLD P 2016-11-01 2018-09-17
354.63 FNMA P 2016-11-01 2018-09-25
237.61 FNMA P 2016-11-01 2018-09-25
320.67 FNMA P 2016-11-01 2018-09-25
363.71 FNMA P 2016-11-01 2018-09-25
160000 US TREASURY NOTES P 2016-11-01 2018-10-01
427.76 FHLMC GOLD P 2016-11-01 2018-10-15
160 LULULEMON ATHLETICA P 2016-11-01 2018-10-16
170 SCHWAB CORP P 2017-11-01 2018-10-16
220 E*TRADE P 2017-11-01 2018-10-16
198000 US TREASURY NOTES P 2016-11-01 2018-10-17
3820 LUNDIN MINING P 2016-11-01 2018-10-16
835 INCYTE CORP P 2016-11-01 2018-10-18
1825 CF INDUSTRIES P 2017-11-01 2018-10-18
374.85 FNMA P 2016-11-01 2018-10-25
212.88 FNMA P 2016-11-01 2018-10-25
311.99 FNMA P 2016-11-01 2018-10-25
326.19 FNMA P 2016-11-01 2018-10-25
120 BIOGEN P 2016-11-01 2018-10-24
440 SCHWAB CORP P 2017-11-01 2018-10-25
490 TEXAS INSTRUMENTS P 2017-11-01 2018-10-25
(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 217,979   234,593 -16,614
b 1,461,450   1,089,732 371,718
c 6,670   6,646 24
d 4,892   4,866 26
e 24,161   24,729 -568
4,982   5,004 -22
10,315   10,997 -682
9,150   9,130 20
4,203   4,218 -15
3,136   3,343 -207
3,789   3,785 4
3,073   3,060 13
33,092   34,263 -1,171
5,349   5,471 -122
5,251   5,359 -108
5,149   5,266 -117
5,469   5,593 -124
3,466   3,455 11
2,195   2,175 20
2,278   1,540 738
1,570   1,594 -24
7,033   7,171 -138
12,990   13,089 -99
3,759   3,940 -181
4,063   4,680 -617
3,070   3,137 -67
3,358   3,395 -37
11,517   13,923 -2,406
1,152   1,194 -42
1,182   1,197 -15
1,995   1,989 6
2,902   3,131 -229
2,372   2,565 -193
1,918   1,983 -65
1,322   1,389 -67
1,589   1,578 11
1,568   1,582 -14
1,703   1,653 50
1,363   1,375 -12
22,272   21,903 369
690   714 -24
21,543   30,147 -8,604
343   358 -15
404   405 -1
261   251 10
594   629 -35
23,388   13,985 9,403
394   407 -13
37,266   31,030 6,236
482   502 -20
432   434 -2
221   212 9
515   545 -30
37,129   9,235 27,894
37,434   9,265 28,169
711   735 -24
51,577   27,970 23,607
95,980   66,105 29,875
54,404   41,215 13,189
401   418 -17
124   125 -1
224   215 9
460   487 -27
29,536   33,463 -3,927
145,570   148,934 -3,364
476   493 -17
79,594   106,167 -26,573
41,112   28,423 12,689
29,615   16,504 13,111
424   442 -18
106   106  
288   276 12
429   454 -25
73,648   28,072 45,576
51,610   24,850 26,760
69,710   59,657 10,053
27,593   17,784 9,809
9,565   6,163 3,402
346   358 -12
41,100   33,725 7,375
79,483   54,186 25,297
403   420 -17
173   174 -1
327   314 13
360   381 -21
82,548   85,010 -2,462
45,674   58,345 -12,671
445   461 -16
15,044   15,050 -6
466   485 -19
218   219 -1
192   184 8
542   574 -32
140,400   144,606 -4,206
64,902   49,824 15,078
1,023   1,021 2
494   511 -17
2,723   2,297 426
7,662   6,455 1,207
29,062   21,760 7,302
394   411 -17
218   219 -1
226   217 9
394   418 -24
2,093   2,096 -3
58,382   56,417 1,965
19,769   18,211 1,558
461   477 -16
12,768   10,600 2,168
40,055   3,888 36,167
48,490   24,408 24,082
459   478 -19
128   129 -1
206   198 8
413   438 -25
11,461   11,019 442
399   413 -14
16,561   20,710 -4,149
10,958   13,807 -2,849
9,175   7,338 1,837
16,854   26,351 -9,497
19,453   17,175 2,278
412   429 -17
58   58  
366   351 15
332   352 -20
57,433   16,746 40,687
212,144   161,693 50,451
29,979   23,224 6,755
389   403 -14
326   339 -13
124   125 -1
290   278 12
396   420 -24
23,360   18,573 4,787
491   508 -17
355   370 -15
238   239 -1
321   308 13
364   385 -21
153,625   157,850 -4,225
428   443 -15
23,524   10,277 13,247
8,138   9,282 -1,144
11,009   12,034 -1,025
189,693   195,189 -5,496
17,269   21,542 -4,273
54,242   85,009 -30,767
92,763   72,354 20,409
375   391 -16
213   214 -1
312   300 12
326   345 -19
37,039   31,366 5,673
18,898   24,024 -5,126
45,077   47,416 -2,339
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       -16,614
b       371,718
c       24
d       26
e       -568
      -22
      -682
      20
      -15
      -207
      4
      13
      -1,171
      -122
      -108
      -117
      -124
      11
      20
      738
      -24
      -138
      -99
      -181
      -617
      -67
      -37
      -2,406
      -42
      -15
      6
      -229
      -193
      -65
      -67
      11
      -14
      50
      -12
      369
      -24
      -8,604
      -15
      -1
      10
      -35
      9,403
      -13
      6,236
      -20
      -2
      9
      -30
      27,894
      28,169
      -24
      23,607
      29,875
      13,189
      -17
      -1
      9
      -27
      -3,927
      -3,364
      -17
      -26,573
      12,689
      13,111
      -18
       
      12
      -25
      45,576
      26,760
      10,053
      9,809
      3,402
      -12
      7,375
      25,297
      -17
      -1
      13
      -21
      -2,462
      -12,671
      -16
      -6
      -19
      -1
      8
      -32
      -4,206
      15,078
      2
      -17
      426
      1,207
      7,302
      -17
      -1
      9
      -24
      -3
      1,965
      1,558
      -16
      2,168
      36,167
      24,082
      -19
      -1
      8
      -25
      442
      -14
      -4,149
      -2,849
      1,837
      -9,497
      2,278
      -17
       
      15
      -20
      40,687
      50,451
      6,755
      -14
      -13
      -1
      12
      -24
      4,787
      -17
      -15
      -1
      13
      -21
      -4,225
      -15
      13,247
      -1,144
      -1,025
      -5,496
      -4,273
      -30,767
      20,409
      -16
      -1
      12
      -19
      5,673
      -5,126
      -2,339
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 2 744,728
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 -15,564
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))
2018 1,990,023 31,851,264 0.06248
2017 1,881,005 30,506,608 0.06166
2016 1,640,718 29,899,452 0.05488
2015 1,604,516 29,043,125 0.05525
2014 1,122,254 25,858,160 0.04340
2
Total of line 1, column (d) .....................
2
0.277659
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.055532
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
34,438,815
5
Multiply line 4 by line 3......................
5
1,912,456
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
14,518
7
Add lines 5 and 6........................
7
1,926,974
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,932,174
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 (2019)
Form 990-PF (2019)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 14,518
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 14,518
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 14,518
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 15,500
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 15,500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 36
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 10 946
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet946 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
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 2019 or the taxable year beginning in 2019? See the 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 (2019)
    Form 990-PF (2019)
    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.GOLISANOFOUNDATION.ORG
    14
    The books are in care ofbulletMATTHEW RAY Telephone no.bullet (585) 340-1200

    Located atbulletONE FISHERS ROADPITTSFORDNY ZIP+4bullet14534
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2019, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. 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 2019?.............
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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
     
    No
    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 2019 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 2019.)..................
    3b
     
    No
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    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:
    Yes
    No
    (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
     
    No
    .........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
     
    No
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    B THOMAS GOLISANO Trustee
    2.00
    0    
    ONE FISHERS ROAD
    PITTSFORD,NY14534
    G THOMAS CLARK Trustee
    2.00
    0    
    1400 EAST AVENUE UNIT 412
    ROCHESTER,NY14610
    JAMES D MURRAY Trustee
    2.00
    0    
    42 BLACK WATCH TRAIL
    FAIRPORT,NY14450
    DAVID STILL Trustee
    2.00
    0    
    18 WREN FIELD LANE
    PITTSFORD,NY14534
    WILLIAM DESTLER Trustee
    2.00
    0    
    ONE LOMB MEMORIAL DRIVE
    ROCHESTER,NY14623
    CHARLES T GRAHAM Trustee
    2.00
    0    
    10 TURTLE CREEK
    PITTSFORD,NY14534
    CENETTE BURDINE Trustee
    2.00
    0    
    6 CHILLON COURT
    FAIRPORT,NY14450
    PHILIP DIPASQUALE Trustee
    2.00
    0    
    77 WHITEWOOD LANE
    ROCHESTER,NY14618
    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  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    34,963,264
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    34,963,264
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    34,963,264
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    524,449
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    34,438,815
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,721,941
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,721,941
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    14,518
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,518
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,707,423
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,707,423
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,707,423
    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
    1,932,174
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,932,174
    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
    14,518
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,917,656
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2018
    (c)
    2018
    (d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 1,707,423
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2019:
    a From 2014......  
    b From 2015...... 192,750
    c From 2016...... 176,237
    d From 2017...... 377,559
    e From 2018...... 425,294
    fTotal of lines 3a through e........ 1,171,840
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 1,932,174
    a Applied to 2018, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2019 distributable amount..... 1,707,423
    e Remaining amount distributed out of corpus 224,751
    5 Excess distributions carryover applied to 2019.    
    (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 1,396,591
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
     
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
     
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........
    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) .......
     
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...
     
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......
    1,396,591
    10 Analysis of line 9:
    a Excess from 2015.... 192,750
    b Excess from 2016.... 176,237
    c Excess from 2017.... 377,559
    d Excess from 2018.... 425,294
    e Excess from 2019.... 224,751
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    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 foundation 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 (2019)
    Form 990-PF (2019)
    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
    BIVONA CHILD ADVOCACY CENTER OTHERS
    275 LAKE AVENUE
    ROCHESTER,NY14608
    NONE 501(c)3 VARIOUS - SEE ATTACHMENT. 1,654,600
    Total .................................bullet 3a 1,654,600
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 ...........
            44,977
    4 Dividends and interest from securities....         1,025,493
    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 ............
            744,728
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..     1,815,198
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,815,198
    (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.)
    4 ALL INCOME SHOWN IN PART XVI-A WAS USED SOLELY TO PROVIDE FUNDS FOR THE FOUNDATION'S EXEMPT PURPOSES.
    Form 990-PF (2019)
    Form 990-PF (2019)
    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) (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) (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 (2019)
    Additional Data


    Software ID: 17005038
    Software Version: 2017v2.2


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2017 AccountingFeesSchedule
    Name:
    B THOMAS GOLISANO FOUNDATION
    EIN:
    22-2692938
    Software ID:
    17005038
    Software Version:
    2017v2.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,013 0 0 4,013

    TY 2017 LegalFeesSchedule
    Name:
    B THOMAS GOLISANO FOUNDATION
    EIN:
    22-2692938
    Software ID:
    17005038
    Software Version:
    2017v2.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,500 0 0 1,500


    TY 2017 OtherExpensesSchedule
    Name:
    B THOMAS GOLISANO FOUNDATION
    EIN:
    22-2692938
    Software ID:
    17005038
    Software Version:
    2017v2.2
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVERTISING 12,144     12,144
    DUES AND MEMBERSHIPS 2,500     2,500
    EDUCATION 800     800
    INSURANCE 630     630
    INVESTMENT MANAGEMENT FEES 167,697 167,697    
    MISCELLANEOUS 707     707
    OFFICE EXPENSE 4,551     4,551
    PAYROLL SERVICE FEES 5,387     5,387
    POSTAGE 225     225
    STORAGE FEES 674     674
    TECHNOLOGY AND WEBSITE 10,260     10,260
    TELEPHONE 2,180     2,180


    TY 2017 OtherLiabilitiesSchedule
    Name:
    B THOMAS GOLISANO FOUNDATION
    EIN:
    22-2692938
    Software ID:
    17005038
    Software Version:
    2017v2.2
    Description Beginning of Year - Book Value End of Year - Book Value
    LOAN PAYABLE - JP MORGAN 4,759,212  
    LOAN PAYABLE - UBS   5,963,497


    TY 2017 OtherProfessionalFeesSchedule
    Name:
    B THOMAS GOLISANO FOUNDATION
    EIN:
    22-2692938
    Software ID:
    17005038
    Software Version:
    2017v2.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 29,610 0 0 29,610


    TY 2017 TaxesSchedule
    Name:
    B THOMAS GOLISANO FOUNDATION
    EIN:
    22-2692938
    Software ID:
    17005038
    Software Version:
    2017v2.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES 21,811      
    FOREIGN TAXES 9,462 9,462    
    NYS ATTORNEY GENERAL 750