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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
The Carroll and Milton Petrie
Foundation Inc c/o Brandman at Stroock
% ETTA BRANDMAN AT STOOCK
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. 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$83,836,527J 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) 1,437,455
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,596,060 1,596,060  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,399,558
b Gross sales price for all assets on line 6a 19,794,057
7 Capital gain net income (from Part IV, line 2)... 2,399,558
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 46,472 -18,714  
12 Total. Add lines 1 through 11........ 5,479,545 3,976,904  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 156,250 144,125   12,125
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 52,150 48,103   4,047
16a Legal fees (attach schedule)......... 44,773 41,299   3,474
b Accounting fees (attach schedule)....... 36,705 33,857   2,848
c Other professional fees (attach schedule).... Click to see attachment 310,533 310,533    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 189,740 9,496   799
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 11,757 10,845   912
21 Travel, conferences, and meetings....... 278 256   22
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 12,739 11,750   789
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 814,925 610,264   25,016
25 Contributions, gifts, grants paid....... 6,505,506 6,505,506
26 Total expenses and disbursements. Add lines 24 and 25 7,320,431 610,264   6,530,522
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,840,886
b Net investment income (if negative, enter -0-) 3,366,640
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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............. 5,548 5,178 5,178
2 Savings and temporary cash investments......... 5,359,230 5,248,073 5,248,073
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) 1,120,420 Click to see attachment1,299,581 1,299,581
b Investments—corporate stock (attach schedule)....... 80,528,756 Click to see attachment72,198,186 72,198,186
c Investments—corporate bonds (attach schedule).......   Click to see attachment3,399,757 3,399,757
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,182,265 Click to see attachment1,685,752 1,685,752
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) 92,196,219 83,836,527 83,836,527
Liabilities 17 Accounts payable and accrued expenses..........   6,205
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 6,205
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 92,196,219 83,830,322
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here 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)..... 92,196,219 83,830,322
31 Total liabilities and net assets/fund balances (see instructions). 92,196,219 83,836,527
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
92,196,219
2
Enter amount from Part I, line 27a .....................
2
-1,840,886
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
90,355,333
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
6,525,011
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
83,830,322
Form 990-PF (2018)
Form 990-PF (2018)
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 FIDUCIARY TRUST INTERNATIONAL - INFO AVAILABLE UPON REQUEST P 2016-01-01 2018-12-31
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 19,794,057   17,394,499 2,399,558
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       2,399,558
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 2,399,558
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see 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))
2017 6,906,160 80,198,079 0.086114
2016 6,242,663 74,346,902 0.083967
2015 5,161,330 55,692,208 0.092676
2014 4,472,208 18,703,491 0.239111
2013 4,824,291 19,654,899 0.24545
2
Total of line 1, column (d) .....................
2
0.747318
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
0.149464
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
91,908,316
5
Multiply line 4 by line 3......................
5
13,736,985
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
33,666
7
Add lines 5 and 6........................
7
13,770,651
8
Enter qualifying distributions from Part XII, line 4,.............
8
6,530,522
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 (2018)
Form 990-PF (2018)
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 67,333
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 67,333
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 67,333
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 89,300
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 89,300
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 918
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 21,049
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet21,049 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$ 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 2018 or the taxable year beginning in 2018? 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 (2018)
    Form 990-PF (2018)
    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 ofbulletETTA BRANDMAN AT STOOCK 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 —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 2018, 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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
     
     
    .........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
     
     
    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
    David Tanner CO Stroock DIRECTOR
    1.0     		0 0 0
    180 Maiden Lane
    New York,NY10038
    jean l troubh CO STROOcK Director/Vice-President
    1.0     		0 0 0
    180 Maiden Lane
    new York,NY10038
    Regina Peruggi CO STROOcK DIRECTOR
    1.0     		0 0 0
    180 Maiden Lane
    new York,NY10038
    CHARLES D KLEIN CO STROOcK SECRETARY/TREASURER
    1.0     		0 0 0
    299 Park Avenue
    new York,NY10017
    etta brandman CO STROOcK PRESIDENT
    1.0     		0 0 0
    180 Maiden Lane
    new York,NY10038
    Gail Gordon CO STROOcK director
    1.0     		0 0 0
    180 Maiden Lane
    new York,NY10038
    beth lief co carroll petrie fdn executive director
    35.0     		156,250 52,150 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
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    Fiduciary Trust Company International investment mgmt 310,533
    280 Park Avenue
    NEW YORK,NY10017
    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 (2018)
    Form 990-PF (2018)
    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
    90,304,232
    b
    Average of monthly cash balances.......................
    1b
    3,003,703
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    93,307,935
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    93,307,935
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,399,619
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    91,908,316
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,595,416
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    4,595,416
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    67,333
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    67,333
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,528,083
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,528,083
    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
    4,528,083
    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
    6,530,522
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    6,530,522
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    6,530,522
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 4,528,083
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:2016, 2015, 2014  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 3,866,227
    b From 2014...... 3,562,055
    c From 2015...... 2,398,404
    d From 2016...... 2,552,472
    e From 2017...... 2,985,556
    fTotal of lines 3a through e........ 15,364,714
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 6,530,522
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 4,528,083
    e Remaining amount distributed out of corpus 2,002,439
    5 Excess distributions carryover applied to 2018.    
    (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 17,367,153
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		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 2013 not
    applied on line 5 or line 7 (see instructions) ...     		3,866,227
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		13,500,926
    10 Analysis of line 9:
    a Excess from 2014.... 3,562,055
    b Excess from 2015.... 2,398,404
    c Excess from 2016.... 2,552,472
    d Excess from 2017.... 2,985,556
    e Excess from 2018.... 2,002,439
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 (2018)
    Form 990-PF (2018)
    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 charity educational 100,000
    Borough of Manhattan Community College
    199 Chambers St
    New York,NY10007     		NOne Public charity educational 120,000
    Bottom Line
    44 Court St 300
    Brooklyn,NY11201     		none Public charity educational 200,000
    Bronx Community College
    2155 University Avenue
    New York,NY10453     		NOne Public charity educational 120,000
    Bronx Opportunity Network
    378 East 151st ST
    Bronx,NY10455     		none Public charity educational 100,000
    brooklyn college foundation
    2900 bedford avenue
    brooklyn,NY11210     		none Public charity educational 120,000
    City College of New York
    PO Box 177
    New York,NY10027     		none Public Charity educational 20,000
    Coalition for Queens
    4710 Austell Pl 2nd Floor
    Long island City,NY11101     		none Public Charity educational 100,000
    College Of Staten Island
    2800 Victory Blvd
    Staten Island,NY10314     		NOne Public charity educational 120,000
    Cooper Union
    30 Cooper Sq
    New York,NY10003     		NOne Public charity educational 50,000
    CUNY School of Professional Studies Foundation Inc
    119 West 31st Street
    New York,NY10001     		none Public Charity educational 50,000
    ExpandEd Schools
    11 W 42nd St
    new York,NY10036     		none Public charity educational 103,587
    Good Shepherd Services
    337 E 17th St
    new york,NY10003     		none Public charity educational 100,000
    Graduate Center Foundation
    365 Fifth Avenue
    new York,NY10016     		none Public charity educational 50,000
    Guttman Community College
    50 W 40th St
    NEW York,NY10018     		NOne Public charity educational 50,000
    Hostos Community college
    500 Grand Concourse
    Bronx,NY10451     		none Public charity educational 194,667
    Hunter College
    695 Park Ave
    new York,NY10065     		none Public charity educational 20,000
    International Network For Public Schools
    50 Broadway
    New York,NY10004     		NOne Public charity educational 200,000
    Jewish Board of Family & Children's Services
    135 West 50th Street 6th Floor
    New York,NY10020     		none Public Charity educational 85,631
    Jobsfirstnyc
    11 Park Place Suite 1602
    New York,NY10007     		none Public charity educational 250,000
    John Jay College Of Criminal Justice
    524 West 59th Street
    New York,NY10019     		none Public charity educational 218,507
    Kingsborough Community College
    2001 Oriental Blvd
    brooklyn,NY11235     		NOne Public charity educational 88,000
    LaGuardia Community College Foundation
    31-10 Thomson Ave
    Long island City,NY11101     		none Public charity educational 161,523
    Lehman College
    250 Bedford Park boulevard West
    Bronx,NY10468     		NOne Public charity educational 120,000
    Medgar Evers College
    1650 Bedford Ave
    Brooklyn,NY11225     		none Public charity educational 120,000
    New Visions for Public Schools
    320 W 13th St
    New York,NY10014     		NOne Public charity educational 400,000
    New York City College Of Technology
    300 Jay Street
    BROOklyn,NY11201     		none Public charity educational 120,000
    new york city outward bound
    29-46 Northern Blvd
    New York,NY11101     		NOne Public charity educational 100,000
    New York Community Trust
    909 3rd Ave
    New York,NY10022     		none Public charity educational 75,000
    New York Immigration Coalition
    131 West 33rd Street Suite 610
    New York,NY10001     		none Public Charity educational 106,121
    New York University
    70 washington square south
    New York,NY10012     		none Public charity educational 1,385,000
    purchase college foundation
    735 Anderson Hill Rd
    Purchase,NY10577     		none Public charity educational 50,000
    Queens College
    65-30 Kissena Blvd
    Flushing,NY11367     		NOne Public charity educational 84,000
    Queensborough Community College
    222-05 56th Ave
    New York,NY11364     		none Public charity educational 120,000
    Research Foundation For CUNY
    30 West 41st St
    New York,NY10036     		none Public charity educational 583,470
    Sponsors For Educational Opportunity
    55 Exchange Place suite 601
    New York,NY10005     		none Public charity educational 100,000
    Streetwise Partners Inc
    222 Broadway Floor 19
    New York,NY10038     		none Public charity educational 50,000
    Tandon Engineering School Of New York University
    6 MetroTech Center
    brooklyn,NY11201     		none Public charity educational 50,000
    The New School
    66 West 66 12th Street
    new york,NY10011     		NOne Public charity educational 100,000
    the urban assembly
    90 broad street
    New York,NY10004     		none Public charity educational 200,000
    York College Foundation
    94-20 GUY R Brewer Blvd
    Jamaica,NY11451     		none Public charity educational 120,000
    Total .................................bullet 3a 6,505,506
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 1,596,060  
    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 2,399,558  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISCELLANEOUS     		    14 46,472  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   4,042,090  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,042,090
    (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 (2018)
    Form 990-PF (2018)
    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 (2018)
    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 Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    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 isn't covered by the General Rule and/or the Special Rules doesn't 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 doesn't 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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) 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
    Trust UWO Milton Petrie Art 12c1  
    Stroock Stroock Lavan 180 Maiden
     
    New York, NY10038

    		$ 378,323


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    Trust UWO Milton Petrie Art 22A1  
    Stroock Stroock Lavan 180 Maiden
     
    New York, NY10038

    		$ 252,499


    (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 Art 22A5  
    Stroock Stroock Lavan 180 Maiden
     
    New York, NY10038

    		$ 251,334


    (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 Art 22A8  
    Stroock Stroock Lavan 180 Maiden
     
    New York, NY10038

    		$ 219,999


    (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 Art 22A6  
    Stroock Stroock Lavan 180 Maiden
     
    New York, NY10038

    		$ 115,000


    (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 Art 22A3  
    Stroock Stroock Lavan 180 Maiden
     
    New York, NY10038

    		$ 75,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    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 22A9  
    Stroock Stroock Lavan 180 Maiden
     
    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
    8
    Trust UWO Milton Petrie Art 22A2  
    Stroock Stroock Lavan 180 Maiden
     
    New York, NY10038

    		$ 42,000


    (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 22A4  
    Stroock Stroock Lavan 180 Maiden
     
    New York, NY10038

    		$ 36,000


    (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 Art 22A7  
    Stroock Stroock Lavan 180 Maiden
     
    New York, NY10038

    		$ 10,800


    (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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    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
     
    		$    
    (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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    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) (2018)

    Additional Data


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    TY 2018 DepreciationSchedule
    Name:
    The Carroll and Milton Petrie
     
    Foundation Inc c/o Brandman at Stroock
    EIN:
    20-1451752
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2018 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
    FRANKLIN LIBERTY INVESTMENT GR 139,937 139,937
    VANGUARD SHORT TERM CORPORATE 491,022 491,022
    METLIFE INC SR BD DTD 08-06-20 23,750 23,750
    GILEAD SCIENCES INC SENIOR NOT 69,773 69,773
    ANHEUSER-BUSCH INBEV FINANCE 68,235 68,235
    WELLS FARGO & CO SR SUB NT SER 68,718 68,718
    AFLAC INC SENIOR BOND 70,137 70,137
    SOUTHERN CO THE SENIOR NOTE CA 67,721 67,721
    BOSTON PROPERTIES LP CALLABLE 69,524 69,524
    WALGREENS BOOTS ALLIANCE INC 68,973 68,973
    CELGENE CORP SR BOND CALLABLE 67,514 67,514
    BANK OF AMERICAN CORP 69,336 69,336
    BERKSHIRE HATHAWAY INC SENIOR 68,028 68,028
    BUNGE LTD FINANCE CORP ST NT 61,464 61,464
    MORGAN STANLEY SUBORDINATED 68,170 68,170
    SIMON PROPERTY GROUP LP SENIOR 67,628 67,628
    JOHN DEERE CAPITAL CORP SENIOR 37,622 37,622
    JP MORGAN CHASE & CO SUB BOND 68,815 68,815
    CVS HEALTH CORP SENIOR BOND 34,336 34,336
    KIMBERLY-CLARK CORP SENIOR BON 57,001 57,001
    TYSON FOODS INC SR NT CALLABLE 68,026 68,026
    COMCAST CORP SENIOR NOTE CALL 60,756 60,756
    ISHARES JP MORGAN USD EMERGING 166,256 166,256
    COCA-COLA FEMSA S A DE C V SEN 70,066 70,066
    ISHARES IBOXX $ HIGH YIELD COR 91,238 91,238
    ISHARES MBS ETF 463,076 463,076
    ISHARES CMBS ETF 135,756 135,756
    FRANKLIN STRATEGIC MORTGAGE PO 606,879 606,879

    TY 2018 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
    CHEVRON CORP 911,734 911,734
    ROYAL DUTCH PLC ADR 437,025 437,025
    EOG RES INC 872,100 872,100
    ECOLAB INC 1,178,800 1,178,800
    DOWDUPONT INC 962,640 962,640
    RAYTHEON CO NEW 766,750 766,750
    BOEING CO 806,250 806,250
    ROCKWELL AUTOMATION INC 902,880 902,880
    AMETEK INC NEW 677,000 677,000
    HONEYWELL INTL INC 977,688 977,688
    ROPER TECHNOLOGIES INC 852,864 852,864
    UNITED PARCEL SVC INC CL B 780,240 780,240
    DAIMLER AG (EUR) 474,983 474,983
    NIKE INC CL B 1,610,321 1,610,321
    LOUIS VUITTON MOET HENNESSEY 1,207,054 1,207,054
    MCDONALDS CORP 710,280 710,280
    AMAZON.COM INC 2,478,251 2,478,251
    HOME DEPOT INC 773,190 773,190
    FAST RETAILING CO LTD (JPY) 50 941,214 941,214
    COSTCO WHOLESALE CORP 2,444,520 2,444,520
    PEPSICO INC 662,880 662,880
    NESTLE SA (CHF) 1,002,452 1,002,452
    ALTRIA GROUP INC 98,780 98,780
    COLGATE PALMOLIVE CO 101,184 101,184
    KIMBERLY CLARK CORP 113,940 113,940
    PROCTOR & GAMBLE CO 735,360 735,360
    L'OREAL S A (EUR) 2 NEW 922,143 922,143
    DANAHER CORP 1,340,560 1,340,560
    ABBOTT LABORATORIES 1,265,775 1,265,775
    ABBVIE INC 553,140 553,140
    REGENERON PHARMACEUTICALS INC 276,390 276,390
    JOHNSON & JOHNSON CO 219,385 219,385
    ELI LILLY & CO 462,880 462,880
    PFIZER 654,750 654,750
    NOVO NORDISK AS (DKK) CL B 228,581 228,581
    IQVIA HOLDINGS INC 1,161,700 1,161,700
    TORONTO DOMINION BK ONT NEW 497,200 497,200
    US BANCORP DEL COM NEW 548,400 548,400
    JP MORGAN CHASE & CO 1,757,160 1,757,160
    BOC HONG KONG HOLDINGS LTD 743,248 743,248
    INVESTOR AB (SEK)6.25 'B'SHS 1,271,826 1,271,826
    AMERICAN EXPRESS CO 762,560 762,560
    MORGAN STANLEY 337,025 337,025
    SCHWAB CHARLES CORP NEW 913,660 913,660
    BLACKROCK INC 1,178,460 1,178,460
    GALLAGHER ARTHUR J & CO 1,105,500 1,105,500
    AIA GROUP LTD (USD) 460,320 460,320
    CHUBB LTD 645,900 645,900
    AUTOMATIC DATA PROCESSING INC 603,152 603,152
    MICROSOFT CORP 1,320,410 1,320,410
    ADOBE INC 1,244,320 1,244,320
    SALESFORCE.COM INC 547,880 547,880
    SERVICENOW INC 658,785 658,785
    APPLE INC 1,892,880 1,892,880
    INTEL CORP 1,407,900 1,407,900
    MICROCHIP TECHNOLOGY INC 503,440 503,440
    TAIWAN SEMICONDUCTOR MFG CO SP 627,470 627,470
    BROADCOM INC 661,128 661,128
    NVIDIA CORP 534,000 534,000
    VERIZON COMMUNICATIONS 562,200 562,200
    WALT DISNEY CO 1,315,800 1,315,800
    ALPHABET INC CLASS C 1,449,854 1,449,854
    ALPHABET INC CL 626,976 626,976
    FACEBOOK INC CL A 524,360 524,360
    NEXTERA ENERGY INC 1,686,054 1,686,054
    AMERICAN TOWER REIT INC 790,950 790,950
    DODGE & COX STOCK FUND 14,453,684 14,453,684

    TY 2018 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:

    1,299,581
    US Government Securities - End of Year Fair Market Value:

    1,299,581
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2018 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
    BANK OF MONTREAL SR NOTE FMV 57,920 57,920
    CNOOC NEXEN FINANCE 2014 ULC FMV 71,083 71,083
    TRANS-CANADA PIPELINES SR NOTE FMV 72,544 72,544
    CARL MARKS STRATEGIC OPP FD II FMV 1,484,205 1,484,205

    TY 2018 OtherDecreasesSchedule
    Name:
    The Carroll and Milton Petrie
     
    Foundation Inc c/o Brandman at Stroock
    EIN:
    20-1451752
    Description Amount
    UNREALIZED LOSS ON INVESTMENTS 6,525,011


    TY 2018 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 5,280 4,870   410
    OTHER FEES 4,264 3,933   331
    OFFICE EXPENSE 3,195 2,947   48


    TY 2018 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
    distributions from reits 13,300    
    tax refunds 51,886    
    partnership income -21,988 -21,988  
    settlement income 3,274 3,274  


    TY 2018 OtherProfessionalFeesSchedule
    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
    INVESTMENT MANAGEMENT FEES 310,533 310,533    


    TY 2018 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 10,295 9,496   799
    FEDERAL TAXES - EST PMT 89,300      
    FEDERAL EXCISE TAXES 90,145