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
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 07-01-2017 , and ending 06-30-2018
Name of foundation
The Carl Marks Foundation Inc
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

13-6169215
B Telephone number (see instructions)

(800) 839-1754
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$19,260,096J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,280 1,280  
4 Dividends and interest from securities... 199,550 199,550  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,583,430
b Gross sales price for all assets on line 6a 5,639,066
7 Capital gain net income (from Part IV, line 2)... 1,583,430
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........ 1,784,260 1,784,260  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages...... 73,000     73,000
15 Pension plans, employee benefits....... 5,585     5,585
16a Legal fees (attach schedule)......... Click to see attachment 428 0 0 428
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 87,979     87,979
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 9,820 120    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 581     581
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 33,555 305   33,250
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 210,948 425 0 200,823
25 Contributions, gifts, grants paid....... 2,265,369 2,265,369
26 Total expenses and disbursements. Add lines 24 and 25 2,476,317 425 0 2,466,192
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -692,057
b Net investment income (if negative, enter -0-) 1,783,835
c Adjusted net income (if negative, enter -0-)...  
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......... 588,126 3,927,403 3,927,403
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 12,451,541 Click to see attachment8,420,207 15,332,693
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,039,667 12,347,610 19,260,096
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances 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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 13,039,667 12,347,610
29 Total net assets or fund balances (see instructions)..... 13,039,667 12,347,610
30 Total liabilities and net assets/fund balances (see instructions). 13,039,667 12,347,610
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
13,039,667
2
Enter amount from Part I, line 27a .....................
2
-692,057
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
12,347,610
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
12,347,610
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 Publicly-traded Securities      
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 5,639,066   4,055,636 1,583,430
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       1,583,430
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 1,583,430
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))
2018 2,227,773 19,578,853 0.113785
2017 2,605,124 19,448,966 0.133947
2016 1,641,695 24,072,774 0.068197
2015 2,000,594 24,104,460 0.082997
2014 3,041,277 23,215,890 0.131
2
Total of line 1, column (d) .....................
2
0.529926
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
0.105985
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
19,891,149
5
Multiply line 4 by line 3......................
5
2,108,163
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
17,838
7
Add lines 5 and 6........................
7
2,126,001
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,466,192
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 17,838
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 17,838
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 17,838
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 11,300
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,269
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 36,569
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 18,731
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet18,731 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
 
 
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 addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
     
     
    ........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
     
     
    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
     
     
    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
     
     
    .........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
    Andrew M Boas Co-Pres, Dir, Chairman
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Carol A Boas Treas, Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Carol L Boas Assistant Treas, Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Rick Boas Dir, VP, Vice Chair
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Mark Claster Co-Pres, Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Susan B Claster Dir, VP, Vice Chair
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Jack Levins Assistant Sec, Assistant Treas
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Kate Liebman Sec
    20.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
    SUSAN SHANKMAN Program Admin
    40.0     		73,000    
    575 RIVERSIDE AVE STE 202A
    WESTPORT,CT06880
    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
    Nancy and Edwin Marks Foundation Philanthropic 87,979
    900 Third Avenue - 33rd Floor
    New York,NY10022
    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
    19,703,015
    b
    Average of monthly cash balances.......................
    1b
    491,045
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    20,194,060
    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
    20,194,060
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    302,911
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    19,891,149
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    994,557
    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
    994,557
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    17,838
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    17,838
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    976,719
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    976,719
    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
    976,719
    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
    2,466,192
    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
    2,466,192
    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
    17,838
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,448,354
    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 7 976,719
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only.......  
    b Total for prior years:2015, 2014, 2013  
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 1,895,514
    b From 2015...... 832,586
    c From 2016...... 483,350
    d From 2017...... 1,637,144
    e From 2018...... 1,251,862
    fTotal of lines 3a through e........ 6,100,456
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 2,466,192
    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)........     		 
    d Applied to 2019 distributable amount..... 976,719
    e Remaining amount distributed out of corpus 1,489,473
    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 7,589,929
    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) ...     		1,895,514
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		5,694,415
    10 Analysis of line 9:
    a Excess from 2015.... 832,586
    b Excess from 2016.... 483,350
    c Excess from 2017.... 1,637,144
    d Excess from 2018.... 1,251,862
    e Excess from 2019.... 1,489,473
    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).)
    Andrew M Boas
    Mark Claster
    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
    50CAN INC
    1625 K ST NW STE 400
    WASHINGTON,DC20006     		N/A PC CONNCan Division 75,000
    ACHIEVEMENT FIRST INC
    335 ADAMS ST
    BROOKLYN,NY11201     		N/A PC General & Unrestricted 225,000
    ALLIANCE FOR EATING DISORDERS AWARENESS INC
    1649 FORUM PL STE 2
    WEST PALM BCH,FL33401     		N/A PC General & Unrestricted 1,000
    ALS ANGELS INC
    342 GREENS FARMS RD
    WESTPORT,CT06880     		N/A PC General & Unrestricted 2,000
    ALZHEIMERS DISEASE AND RELATED DISORDERS NEW YORK
    360 LEXINGTON AVE
    NEW YORK,NY10017     		N/A PC General & Unrestricted 100
    AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF S
    633 3RD AVE 20TH FL
    NEW YORK,NY10017     		N/A PC General & Unrestricted 360
    AMERICAN DIABETES ASSOCIATION INC
    55 E MONROE ST 3420
    CHICAGO,IL60603     		N/A PC General & Unrestricted 2,000
    AMERICAN FRIENDS OF SHALVA ISRAEL INC
    315 5TH AVE
    NEW YORK,NY10016     		N/A PC General & Unrestricted 500
    AMERICAN FRIENDS OF SHALVA ISRAEL INC
    315 5TH AVE
    NEW YORK,NY10016     		N/A PC For general operating support and the Shalva Band 27,500
    AMERICARES FOUNDATION INC
    88 HAMILTON AVE
    STAMFORD,CT06902     		N/A PC General & Unrestricted 25,000
    ANN & ROBERT H LURIE CHILDRENS HOSPITAL OF CHICAGO
    225 E CHICAGO AVE BOX 4
    CHICAGO,IL60611     		N/A PC Patient Emergency Fund 40,000
    ANN & ROBERT H LURIE CHILDRENS HOSPITAL OF CHICAGO
    225 E CHICAGO AVE BOX 4
    CHICAGO,IL60611     		N/A PC For Personalizing Care in the Pediatric Intensive Car Unit 50,000
    ANTI-DEFAMATION LEAGUE OF BNAI BRITH - CONNECTICUT
    1952 WHITNEY AVE 3RD FL
    HAMDEN,CT06517     		N/A PC General & Unrestricted 7,500
    APPALACHIAN MOUNTAIN CLUB
    10 CITY SQ
    BOSTON,MA02129     		N/A PC Annual Fund and Leadership Giving Initiative in Maine 55,000
    ARBOR BROTHERS INC
    56 E 126TH ST 1
    NEW YORK,NY10035     		N/A PC General & Unrestricted 10,000
    B'NAI B'RITH INTERNATIONAL
    1120 20TH ST NW STE 300 N
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 500
    BE THE MATCH FOUNDATION
    500 N 5TH ST
    MINNEAPOLIS,MN55401     		N/A PC General & Unrestricted 6,000
    BERNARD M BARUCH COLLEGE
    ONE BERNARD BARUCH WAY BOX A-1603
    NEW YORK,NY10010     		N/A GOV The Zicklin School of Business, Graduate School 500
    BIRTHRIGHT ISRAEL FOUNDATION
    33 E 33RD ST 7TH FL
    NEW YORK,NY10016     		N/A PC General & Unrestricted 300
    BLUE ENGINE INC
    142 W 57TH 11TH FL
    NEW YORK,NY10019     		N/A PC General & Unrestricted 10,000
    BRANDWORKERS INTERNATIONAL
    PO BOX 1257
    LONG IS CITY,NY11101     		N/A PC General & Unrestricted 200
    BRONX CHARTER SCHOOL FOR CHILDREN
    388 WILLIS AVE
    BRONX,NY10454     		N/A PC General & Unrestricted 1,000
    BUILDERS BEYOND BORDERS
    66 FORT POINT ST
    NORWALK,CT06855     		N/A PC General & Unrestricted 1,000
    CARE ALLIANCE
    1530 ST CLAIR AVE NE
    CLEVELAND,OH44114     		N/A PC General & Unrestricted 200
    CENTER FOR ENRICHED LIVING
    280 SAUNDERS RD
    RIVERWOODS,IL60015     		N/A PC General & Unrestricted 1,000
    CHERRY CREEK SCHOOLS FOUNDATION
    4700 S YOSEMITE ST STE 1
    GREENWOOD VILLAGE,CO80111     		N/A PC General & Unrestricted 50,000
    CLASP HOMES INC
    246 POST RD E
    WESTPORT,CT06880     		N/A PC General & Unrestricted 5,000
    CONNECTICUT FOOD BANK INC
    2 RESEARCH PKWY
    WALLINGFORD,CT06492     		N/A PC General & Unrestricted 6,000
    CORNELL UNIVERSITY - COLLEGE OF VETERINARY MEDICIN
    PO BOX 223623
    PITTSBURGH,PA15251     		N/A PC For the Patient Assistance Program and the Chester Hartenstein DVM '45 Memorial Lecture Series 10,000
    COUNCIL ON FOREIGN RELATIONS INC
    58 E 68TH ST
    NEW YORK,NY10065     		N/A PC Council on Foreign Relations 2017-2018 Annual Fund 5,000
    CREATIVE THOUGHT AND ACTION
    PO BOX 305
    ASHFIELD,MA01330     		N/A PC Climate Action Now CSL Initiative 500
    CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION INC
    625 JAMAICA AVE
    BROOKLYN,NY11208     		N/A PC College Persistence Program 45,000
    DONORSCHOOSE ORG
    134 W 37TH ST 11TH FL
    NEW YORK,NY10018     		N/A PC General & Unrestricted 2,500
    DRUGS FOR NEGLECTED DISEASESINITIATIVE NORTH AMERI
    40 RECTOR ST 16TH FL
    NEW YORK,NY10006     		N/A PC General & Unrestricted 1,500
    DRUM-DESIS RISING UP AND MOVING INC
    7218 ROOSEVELT AVE
    JACKSON HTS,NY11372     		N/A PC General & Unrestricted 200
    DUKE UNIVERSITY
    PO BOX 90581
    DURHAM,NC27708     		N/A PC General & Unrestricted 5,000
    EDITH AND CARL MARKS JEWISH COMMUNITY HOUSE OF BEN
    7802 BAY PKWY
    BROOKLYN,NY11214     		N/A PC Community Support Fund 18,000
    EDUCATORS FOR EXCELLENCE
    80 PINE ST 28TH FLR
    NEW YORK,NY10005     		N/A PC Connecticut Division 20,000
    EMDR HUMANITARIAN ASSISTANCE PROGRAMS INC
    2911 DIXWELL AVE
    HAMDEN,CT06518     		N/A PC Connecticut division 2,000
    ENCOURAGE KIDS FOUNDATION
    1560 BROADWAY STE 600
    NEW YORK,NY10036     		N/A PC General & Unrestricted 2,000
    FACING HISTORY AND OURSELVES NATIONAL FOUNDATION
    14 E 4TH ST STE 3003
    NEW YORK,NY10012     		N/A PC General & Unrestricted 2,500
    FAIRFIELD COUNTYS COMMUNITY FOUNDATION INC
    40 RICHARDS AVE
    NORWALK,CT06854     		N/A PC Social Venture Partners Fund 5,000
    FEDERATION FOR JEWISH PHILANTHROPY OF UPPER FAIRFI
    4200 PARK AVE STE 300
    BRIDGEPORT,CT06604     		N/A PC General & Unrestricted 15,000
    FIGURE SKATING IN HARLEM INC
    361 W 125TH ST
    NEW YORK,NY10027     		N/A PC General & Unrestricted 36,000
    FIVER CHILDRENS FOUNDATION INC
    519 8TH AVE 24TH FL
    NEW YORK,NY10018     		N/A PC General & Unrestricted 45,000
    FLORIDA KEYS WILD BIRD REHABILITATION CENTER INC
    92080 OVERSEAS HWY
    TAVERNIER,FL33070     		N/A PC General & Unrestricted 200
    FORDHAM UNIVERSITY
    45 COLUMBUS AVE 8TH FL
    NEW YORK,NY10023     		N/A PC Dilley Project of the Feerick Center 7,500
    FRESH AIR FUND
    633 3RD AVE
    NEW YORK,NY10017     		N/A PC General & Unrestricted 150
    FRIENDS OF LANE
    2501 W ADDISON ST
    CHICAGO,IL60618     		N/A PC General & Unrestricted 10,000
    FRIENDS OF THE CHILDREN NEW YORK
    PO BOX 1649
    NEW YORK,NY10026     		N/A PC General & Unrestricted 45,000
    FRIENDS OF THE LEVITT PAVILION INC
    260 S COMPO RD
    WESTPORT,CT06880     		N/A PC General & Unrestricted 1,000
    FRIENDS OF YEMIN ORDE INC
    4340 E-W HWY STE 202
    BETHESDA,MD20814     		N/A PC General & Unrestricted 12,800
    FRIENDS OF YEMIN ORDE INC
    4340 E-W HWY STE 202
    BETHESDA,MD20814     		N/A PC Graduate Program 50,000
    FRIENDS OF YEMIN ORDE INC
    4340 E-W HWY STE 202
    BETHESDA,MD20814     		N/A PC For the purchase of Village Clubhouse TVs 12,600
    FUEL FOR TRUTH INC
    PO BOX 1929
    NEW YORK,NY10008     		N/A PC General & Unrestricted 1,000
    FUTURES WITHOUT VIOLENCE
    100 MONTGOMERY ST
    SAN FRANCISCO,CA94129     		N/A PC General & Unrestricted 12,000
    GABBY KRAUSE FOUNDATION
    7200 S ALTON WAY STE B130
    CENTENNIAL,CO80112     		N/A PC General & Unrestricted 1,200
    GEORGE JACKSON ACADEMY
    104 SAINT MARKS PL
    NEW YORK,NY10009     		N/A PC General & Unrestricted 2,000
    GO PHILANTHROPIC CHARITABLE FUND
    350 WOOLSTON RD
    PITTSFORD,NY14534     		N/A PC For the HUSK Programs: Training for Softies Ladies, Materials for Change for Change, Materials for other sewing projects, House rebuild, and Schoolbooks 7,500
    GRASSROOTS LEADERSHIP INC
    PO BOX 6310
    AUSTIN,TX78762     		N/A PC Hutto Community Deportation Defense & Bond Fund 1,500
    GRASSROOTS LEADERSHIP INC
    PO BOX 6310
    AUSTIN,TX78762     		N/A PC Youth Rise Texas Initiative 1,000
    GREG RICHARDS LARRY POLATSCH AND SCOTT WEINGARD ME
    4 EDGEWOOD DR
    RYE BROOK,NY10573     		N/A PC General & Unrestricted 1,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    121 HABITAT ST
    AMERICUS,GA31709     		N/A PC General & Unrestricted 370
    HABITAT FOR HUMANITY INTERNATIONAL INC - HOUSATONI
    51 AUSTIN ST
    DANBURY,CT06810     		N/A PC General & Unrestricted 15,000
    HEARTBEAT OPERA LTD
    804 W 180TH ST APT 63
    NEW YORK,NY10033     		N/A PC General & Unrestricted 1,000
    HELEN KELLER INTERNATIONAL
    ONE DAG HAMMARSKJOLD PLZ FL 2
    NEW YORK,NY10017     		N/A PC Achievement First Connecticut Project 20,000
    HOMES WITH HOPE INC
    49 RICHMONDVILLE AVE STE 212
    WESTPORT,CT06880     		N/A PC General & Unrestricted 6,000
    ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
    ONE GUSTAVE L LEVY PL BOX 1049
    NEW YORK,NY10029     		N/A PC MSMC Glaucoma Research Fund 1,000
    ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
    ONE GUSTAVE L LEVY PL BOX 1049
    NEW YORK,NY10029     		N/A PC Steven M. Podos, MD Symposium and Lectureship 10,000
    INTERFAITH NUTRITION NETWORK
    211 FULTON AVE
    HEMPSTEAD,NY11550     		N/A PC Charitable Event 1,000
    INTERNATIONAL RESCUE COMMITTEE INC
    122 E 42ND ST 12TH FL
    NEW YORK,NY10168     		N/A PC General & Unrestricted 25,000
    ISRAEL TENNIS CENTERS FOUNDATION INC
    57 W 38TH ST STE 605
    NEW YORK,NY10018     		N/A PC General & Unrestricted 1,800
    JDRF INTERNATIONAL
    26 BROADWAY 14TH FL
    NEW YORK,NY10004     		N/A PC General & Unrestricted 3,000
    JEWISH FAMILY SERVICE OF STAMFORD INC
    733 SUMMER ST
    STAMFORD,CT06901     		N/A PC General & Unrestricted 5,000
    JEWISH FEDERATION OF PALM BEACH COUNTY INC
    4601 COMMUNITY DR
    WEST PALM BEACH,FL33417     		N/A PC General & Unrestricted 10,000
    JEWISH HOME LIFECARE MANHATTAN
    120 W 106TH ST
    NEW YORK,NY10025     		N/A PC Geriatric Career Development (GCD) Program 45,000
    LACEY HORWITCH SCHOLARSHIP FOUNDATION
    3216 HIGHLAND RD
    NORTHBROOK,IL60062     		N/A PC General & Unrestricted 1,000
    LEARNING ALLY
    20 ROSZEL RD
    PRINCETON,NJ08540     		N/A PC General & Unrestricted 6,500
    LEUKEMIA & LYMPHOMA SOCIETY INC
    3 INTERNATIONAL DR STE 200
    RYE BROOK,NY10573     		N/A PC General & Unrestricted 100
    LEUKEMIA & LYMPHOMA SOCIETY INC
    3 INTERNATIONAL DR STE 200
    RYE BROOK,NY10573     		N/A PC Jon Shankman Team in Training Program 500
    LEUKEMIA & LYMPHOMA SOCIETY INC
    3 INTERNATIONAL DR STE 200
    RYE BROOK,NY10573     		N/A PC Charitable Event 500
    LIGHT MY WAY CAREER DAY INC
    350 CENTRAL PARK W APT 10H
    NEW YORK,NY10025     		N/A PC General & Unrestricted 5,000
    LOUISIANA RISE
    916 E BUTLER ST
    RAYNE,LA70578     		N/A PC General & Unrestricted 1,000
    LUMITY
    55 W VAN BUREN ST STE 420
    CHICAGO,IL60605     		N/A PC General & Unrestricted 5,000
    MADONNA HALL FOR GIRLS
    1354 HANCOCK ST
    QUINCY,MA02169     		N/A PC General & Unrestricted 10,000
    MEDECINS SANS FRONTIERES USA INC
    40 RECTOR ST 16TH FL
    NEW YORK,NY10006     		N/A PC General & Unrestricted 25,000
    MORRYS CAMP INC
    350 EXECUTIVE BLVDSTE 125
    ELMSFORD,NY10523     		N/A PC General & Unrestricted 75,000
    MORSELIFE FOUNDATION INC
    4847 DAVID MACK DR
    WEST PALM BEACH,FL33417     		N/A PC General & Unrestricted 1,000
    MOVEMENT STRATEGY CENTER
    436 14TH ST 5TH FL
    OAKLAND,CA94612     		N/A PC Movement Generation Program 1,000
    MUSEUM AT ELDRIDGE STREET
    12 ELDRIDGE ST
    NEW YORK,NY10002     		N/A PC General & Unrestricted 5,000
    MUSEUM OF MODERN ART
    11 W 53RD ST
    NEW YORK,NY10019     		N/A PC General & Unrestricted 200
    NATIONAL COMMITTEE FOR THE PREVENTION OF ELDER ABU
    1730 RHODE ISLAND AVE NW
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 6,000
    NATIONAL COUNCIL OF JEWISH WOMEN INCORPORATED
    475 RIVERSIDE DR STE 1901
    NEW YORK,NY10115     		N/A PC General & Unrestricted 100
    NATIONAL NETWORK OF ABORTION FUNDS
    PO BOX 170280
    BOSTON,MA02117     		N/A PC SASS Project 500
    NEW HEIGHTS YOUTH INC
    2472 BROADWAY PMB 112
    NEW YORK,NY10025     		N/A PC Support for the Career Assist, College Assist, and the Alumni Network Program 36,000
    NEW YORK PRESBYTERIAN HOSPITAL - COLUMBIA UNIVERSI
    525 E 68TH ST BOX 123
    NEW YORK,NY10032     		N/A PC General & Unrestricted 1,000
    NORTHWELL HEALTH FOUNDATION
    2000 MARCUS AVE 2ND FL
    NEW HYDE PARK,NY11042     		N/A PC Cohen Children's Medical Center 5,000
    NORTHWELL HEALTH FOUNDATION
    2000 MARCUS AVE 2ND FL
    NEW HYDE PARK,NY11042     		N/A PC Robert S Boas Genomics and Genetics Center Fund 210,065
    NORTHWELL HEALTH FOUNDATION
    2000 MARCUS AVE 2ND FL
    NEW HYDE PARK,NY11042     		N/A PC AWSM Collaborative Women in Science Award sponsored by the Feinstein Institute 2,000
    NORTHWELL HEALTH FOUNDATION
    2000 MARCUS AVE 2ND FL
    NEW HYDE PARK,NY11042     		N/A PC Educational Advancement Award sponsored by the Feinstein's Advancing Women in Science & Medicine 3,000
    NORTHWELL HEALTH FOUNDATION
    2000 MARCUS AVE 2ND FL
    NEW HYDE PARK,NY11042     		N/A PC Research Program 135,500
    NORTHWELL HEALTH FOUNDATION
    2000 MARCUS AVE 2ND FL
    NEW HYDE PARK,NY11042     		N/A PC Cohen's Children's Circle to benefit Cohen's Medical Center 6,500
    NURSE FAMILY PARTNERSHIP
    1900 GRANT ST NO 400
    DENVER,CO80203     		N/A PC General & Unrestricted 16,000
    OFICINA LEGAL DEL PUEBLO UNIDO INC
    1405 MONTOPOLIS DR
    AUSTIN,TX78741     		N/A PC Family Reunification Project 1,500
    OPERATION FUEL INC
    75 CHARTER OAK AVE STE 2-240
    HARTFORD,CT06106     		N/A PC General & Unrestricted 12,000
    ORT AMERICA INC
    75 MAIDEN LN FL 10
    NEW YORK,NY10038     		N/A PC General & Unrestricted 180
    OXALOSIS AND HYPEROXALURIA FOUNDATION
    201 E 19TH ST
    NEW YORK,NY10003     		N/A PC General & Unrestricted 500
    PALM BEACH COUNTRY CLUB FOUNDATION INC
    760 N OCEAN BLVD
    PALM BEACH,FL33480     		N/A PC General & Unrestricted 1,000
    PARTNERS IN HEALTH A NONPROFIT CORPORATION
    PO BOX 996
    FREDERICK,MD21705     		N/A PC General & Unrestricted 25,000
    PARTNERSHIP FOR THE HOMELESS
    305 7TH AVE 13TH FL
    NEW YORK,NY10001     		N/A PC General & Unrestricted 250
    PAUL SMITHS COLLEGE OF ARTS AND SCIENCES
    PO BOX 265
    PAUL SMITHS,NY12970     		N/A PC John Dillon Park Fund 2,500
    PEACE DEVELOPMENT FUND INC
    PO BOX 40250
    SAN FRANCISCO,CA94140     		N/A PC SASS Program 1,000
    POPULATION COUNCIL INC
    ONE DAG HAMMARSKJOLD PLZ STE 3R
    NEW YORK,NY10017     		N/A PC General & Unrestricted 25,000
    POSITIVE DIRECTIONS-THE CENTER FOR PREVENTION AND
    90 POST RD W
    WESTPORT,CT06880     		N/A PC General & Unrestricted 500
    PROTEUS FUND INC
    15 RESEARCH DR NO B
    AMHERST,MA01002     		N/A PC Solidaire Fund 15,000
    RESIST INC
    42 SEAVERNS AVE
    JAMAICA PLAIN,MA02130     		N/A PC General & Unrestricted 5,000
    ROCKING THE BOAT INC
    812 EDGEWATER RD
    BRONX,NY10474     		N/A PC General & Unrestricted 45,000
    RONALD MCDONALD HOUSE OF LONG ISLAND INC
    26707 76TH AVE
    NEW HYDE PARK,NY11040     		N/A PC For one family's one-night stay fund 150
    ROW NEW YORK
    252 W 37TH ST 4TH FL
    NEW YORK,NY10018     		N/A PC General & Unrestricted 36,000
    SALVATION ARMY PULASKI STREET RESIDENCE INC
    120 W 14TH ST
    NEW YORK,NY10011     		N/A PC To provide two red boxes at Christmas Fund 130
    SAN FRANCISCO AIDS FOUNDATION
    1035 MARKET ST STE 400
    SAN FRANCISCO,CA94103     		N/A PC General & Unrestricted 1,000
    SANKATY HEAD FOUNDATION INC
    PO BOX 875
    SIASCONSET,MA02564     		N/A PC General & Unrestricted 5,000
    SERRV INTERNATIONAL INC
    532 BALTIMORE BLVD STE 409
    WESTMINSTER,MD21157     		N/A PC General & Unrestricted 1,500
    SEVA FOUNDATION
    1786 5TH ST
    BERKELEY,CA94710     		N/A PC Reaching Tibetan Communities With Needed Eye Care Program 50,000
    SEVA FOUNDATION
    1786 5TH ST
    BERKELEY,CA94710     		N/A PC American Indian Sight Initiative 50,000
    SOLIDAGO FOUNDATION
    150 MAIN ST
    NORTHAMPTON,MA01060     		N/A PC Criminal Justice Initiative 2,000
    SOUTH EAST CONSORTIUM FOR SPECIAL SERVICES INC
    740 W BOSTON POST RD
    MAMARONECK,NY10543     		N/A PC General & Unrestricted 20,000
    STAR FOUNDATION INC
    182 WOLFPIT AVE
    NORWALK,CT06851     		N/A PC General & Unrestricted 3,000
    STREETSQUASH INC
    40 W 116TH ST
    NEW YORK,NY10026     		N/A PC Alumni Program 45,000
    TEMPLE BETH EL OF GREAT NECK
    5 OLD MILL RD
    GREAT NECK,NY11023     		N/A PC General & Unrestricted 7,600
    TEMPLE BETH EL OF GREAT NECK
    5 OLD MILL RD
    GREAT NECK,NY11023     		N/A PC Robert S. Boas Music Fund 200
    TEMPLE JUDEA OF MANHASSET
    333 SEARINGTOWN RD
    MANHASSET,NY11030     		N/A PC Kol Nidre Fund 3,600
    THANKS TO SCANDINAVIA INC
    366 AMSTERDAM AVE STE 205
    NEW YORK,NY10024     		N/A PC General & Unrestricted 500
    THE CONNECTICUT HOSPICE INC
    100 DOUBLE BEACH RD
    BRANFORD,CT06405     		N/A PC Fay Fund 5,000
    THE CONSERVATIVE SYNAGOGUE INC
    30 HILLSPOINT RD
    WESTPORT,CT06880     		N/A PC Kol Nidre Fund 10,000
    THE CONSERVATIVE SYNAGOGUE INC
    30 HILLSPOINT RD
    WESTPORT,CT06880     		N/A PC Share the Pie Program 264
    THE CONSERVATIVE SYNAGOGUE INC
    30 HILLSPOINT RD
    WESTPORT,CT06880     		N/A PC Koach Project 50,000
    THE JEWISH HOME FOR THE ELDERLY OF FAIRFIELD COUNT
    4200 PARK AVE
    BRIDGEPORT,CT06604     		N/A PC General & Unrestricted 50,000
    THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC
    383 MAIN AVE 5TH FL
    NORWALK,CT06851     		N/A PC General & Unrestricted 7,500
    THE WATERSHED CENTER INC
    44 KAYE RD
    MILLERTON,NY12546     		N/A PC General & Unrestricted 10,000
    THE YOUNG CENTER FOR IMMIGRANT CHILDRENS RIGHTS
    6020 S UNIVERSITY AVE
    CHICAGO,IL60637     		N/A PC General & Unrestricted 1,000
    TOWN OF PALM BEACH UNITED WAY INC
    44 COCOANUT ROW STE 201
    PALM BEACH,FL33480     		N/A PC General & Unrestricted 1,500
    UNITED HOSPITAL FUND OF NEW YORK
    1411 BROADWAY
    NEW YORK,NY10018     		N/A PC General & Unrestricted 250
    UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTH
    130 E 59TH ST
    NEW YORK,NY10022     		N/A PC General & Unrestricted 5,000
    UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTH
    130 E 59TH ST
    NEW YORK,NY10022     		N/A PC For the Lion of Judah and Annual Fund 36,000
    UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTH
    130 E 59TH ST
    NEW YORK,NY10022     		N/A PC Annual Fund 15,000
    UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTH
    130 E 59TH ST
    NEW YORK,NY10022     		N/A PC Ramy Sharp's Mitzvahs & Milestones Project and to sponser the Girl's Leadership Program 1,800
    UNITED STATES HOLOCAUST MEMORIAL MUSEUM
    100 RAOUL WALLENBERG PL SW
    WASHINGTON,DC20024     		N/A PC General & Unrestricted 5,000
    UNIVERSITY OF PENNSYLVANIA SCHOOL OF NURSING
    418 CURIE BLVD
    PHILADELPHIA,PA19104     		N/A PC General & Unrestricted 2,500
    UNIVERSITY SETTLEMENT SOCIETY OF NEW YORK
    184 ELDRIDGE ST 3RD FL
    NEW YORK,NY10002     		N/A PC General & Unrestricted 1,000
    WARRIOR EXPEDITIONS
    6621 FAIRWAY VIEW TRAIL
    ROANOKE,VA24018     		N/A PC General & Unrestricted 10,000
    WASHINGTON INSTITUTE FOR NEAR EAST POLICY
    1111 19TH ST NW STE 500
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 2,500
    WILDERNESS ON WHEELS FOUNDATION
    PO BOX 1007
    WHEAT RIDGE,CO80034     		N/A PC General & Unrestricted 2,500
    WILTON LIBRARY ASSOCIATION INCORPORATED
    137 OLD RIDGEFIELD RD
    WILTON,CT06897     		N/A PC General & Unrestricted 1,000
    WILTON VOLUNTEER AMBULANCE CORPS INC
    PO BOX 216
    WILTON,CT06897     		N/A PC General & Unrestricted 500
    Total .................................bullet 3a 2,265,369
    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 ...........     		    14 1,280  
    4 Dividends and interest from securities....     14 199,550  
    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 1,583,430  
    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)..   1,784,260  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,784,260
    (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 (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:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2017 DepreciationSchedule
    Name:
    The Carl Marks Foundation Inc
    EIN:
    13-6169215
    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

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2017 ExpenditureResponsibilityStmt
    Name:
    The Carl Marks Foundation Inc
    EIN:
    13-6169215
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    KOREA FOUNDATION FOR WOMEN
          		5F KOREA FDN FOR WOMEN BLDG
    SEOUL,SEOGYO-DONG, MAPO448-17
    KS     		2015-09-04 55,000 TO SUPPORT THE SELF-ESTEEM OF UNWED MOTHERS PROJECT 55,000 NO 5/31/16, 6/23/17, 4/6/2018   NONE NECESSARY

    TY 2017 InvestmentsCorpStockSchedule
    Name:
    The Carl Marks Foundation Inc
    EIN:
    13-6169215
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BARON FOCUSED GROWTH FD INSTI 682,168 1,348,936
    BERKSHIRE HATHAWAY INC. CLASS 610,384 1,493,200
    CRIMSON WINE GROUP, LTD 90,550 230,603
    CUBAN ELECTRIC CO    
    ENCANA CORP 87,454 113,117
    FRANCISCO IND INC 1,767 2,635
    JEFFERIES GROUP INC 5,863,002 8,616,186
    KANSAS CITY SOUTHERN 486,453 2,437,080
    U S G CP 598,429 1,090,936

    TY 2017 LegalFeesSchedule
    Name:
    The Carl Marks Foundation Inc
    EIN:
    13-6169215
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Document Review/Drafting 428     428


    TY 2017 OtherExpensesSchedule
    Name:
    The Carl Marks Foundation Inc
    EIN:
    13-6169215
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 32,393     32,393
    Bank Charges 305 305    
    FOUNDATION CREDIT CARD FEES 47     47
    Postage/Delivery Service 60     60
    State or Local Filing Fees 750     750


    TY 2017 OtherProfessionalFeesSchedule
    Name:
    The Carl Marks Foundation Inc
    EIN:
    13-6169215
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PHILANTHROPIC SERVICES 87,979     87,979


    TY 2017 TaxesSchedule
    Name:
    The Carl Marks Foundation Inc
    EIN:
    13-6169215
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2018 9,700      
    Foreign Tax Paid 120 120