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 04-01-2017 , and ending 03-31-2018
Name of foundation
1848 FOUNDATION
C/O MARKS PANETH LLP
Number and street (or P.O. box number if mail is not delivered to street address)4 MANHATTANVILLE RD NO 402
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PURCHASE, NY10577
A Employer identification number

06-6302129
B Telephone number (see instructions)

(914) 524-9000
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$8,228,110
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 221,892 221,892  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 209,042
b Gross sales price for all assets on line 6a 1,368,854
7 Capital gain net income (from Part IV, line 2)... 209,042
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........ 430,934 430,934  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 77,600 15,520   62,080
c Other professional fees (attach schedule).... 54,209 54,209   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 10,320 320   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 142,129 70,049   62,080
25 Contributions, gifts, grants paid....... 434,035 434,035
26 Total expenses and disbursements. Add lines 24 and 25 576,164 70,049   496,115
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -145,230
b Net investment income (if negative, enter -0-) 360,885
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......... 698,500 394,830 394,830
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) 579,083 Click to see attachment672,672 672,672
b Investments—corporate stock (attach schedule)....... 5,694,396 Click to see attachment6,265,140 6,265,140
c Investments—corporate bonds (attach schedule)....... 959,436 Click to see attachment895,468 895,468
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) 7,931,415 8,228,110 8,228,110
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment7,000
23 Total liabilities (add lines 17 through 22)......... 0 7,000
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 7,931,415 8,221,110
29 Total net assets or fund balances (see instructions)..... 7,931,415 8,221,110
30 Total liabilities and net assets/fund balances (see instructions). 7,931,415 8,228,110
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
7,931,415
2
Enter amount from Part I, line 27a .....................
2
-145,230
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
434,925
4
Add lines 1, 2, and 3 ..........................
4
8,221,110
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,221,110
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 858 SHS INTEL CORP P 2011-04-20 2017-04-04
b 145 SHS JOHNSON & JOHNSON COM P 1998-02-19 2017-04-04
c 438 SHS MEDTRONIC PLC P 2015-01-27 2017-04-04
d 427 SHS ANADARKO PETROLEUM CORP P 2012-10-05 2017-06-09
e 758 SHS CISCO SYSTEMS INC P 2012-06-20 2017-10-04
300 SHS ALLEGRAN PLC P 2016-06-17 2017-11-17
2287 SHS GENERAL ELECTRIC P 2012-06-19 2017-12-21
164 SHS CVS P 2009-07-02 2017-12-22
9 SHS ACCENTURE PLC IRELAND CL A P 2015-11-18 2018-01-17
7 SHS ADOBE SYSTEMS INC (DELAWARE) P 2016-06-17 2018-01-17
5 SHS ALIBABA GROUP HLDG LTD P 2015-03-20 2018-01-17
2 SHS ALPHABET INC CL A P 2012-03-22 2018-01-17
1 SHS ALPHABET INC CL B P 2012-03-22 2018-01-17
9 SHS AMERICAN TOWER CORP REIT P 2013-10-03 2018-01-17
12 SHS APPLE INC P 2012-09-11 2018-01-17
42 SHS BANK OF AMERICA CORP P 2016-05-04 2018-01-17
8 SHS BHP BILLITON LTD SPON ADR P 2016-11-22 2018-01-17
10 SHS CELGNE CORP P 2012-03-22 2018-01-17
6 SHS CHEVRON CORP P 2012-10-05 2018-01-17
18 SHS CISCO SYSTEMS INC P 2012-06-20 2018-01-17
29 SHS COMCAST CORP BEW CL A P 2012-08-30 2018-01-17
11 SHS EXXON MOBIL CORP P 2009-06-02 2018-01-17
8 SHS FACEBOOK INC CL A P 2016-06-17 2018-01-17
5 SHS FEDEX CORP P 2012-05-09 2018-01-17
8 SHS HOME DEPOT INC P 2016-06-17 2018-01-17
41 SHS INTEL CORP P 2011-04-20 2018-01-17
15 SHS INTERCONTINENTAL EXCHANGE GROUP P 2012-09-24 2018-01-17
7 SHS JOHNSON & JOHNSON COM P 2008-01-04 2018-01-17
22 SHS JP MORGAN CHASE & CO P 2008-01-04 2018-01-17
22 SHS KINDER MORGAN INC P 2016-05-18 2018-01-17
6 SHS MEDTRONIC PLC P 2015-01-27 2018-01-17
17 SHS MERCK & CO INC NEW COM P 2013-03-11 2018-01-17
13 SHS MICROSOFT CORP P 2012-05-18 2018-01-17
6 SHS PEPSICO INC P 2009-06-02 2018-01-17
7 SHS PNC FINANCIAL SERVICES GROUP P 2012-09-24 2018-01-17
13 SHS RIO TIINTO PLC SPON ADR P 2016-05-18 2018-01-17
9 SHS SCHLUMBERGER LTD NETHERLANDS ANTILLES P 2012-06-20 2018-01-17
4 SHS THERMO FISHER SCIENTIFIC INC P 2012-05-02 2018-01-17
16 SHS TJX COS INC NEW P 2012-11-12 2018-01-17
4 SHS TRAVELERS COS INC/THE P 2009-12-22 2018-01-17
8 SHS UNTD TECHNOLOGIES CORP P 2012-04-19 2018-01-17
14 SHS US BANCORP DEL (NEW) P 2014-05-05 2018-01-17
8 SHS VISA INC CL A P 2016-09-12 2018-01-17
13 SHS WALT DISNEY CO (HOLDING CO) DISNEY COM P 2012-08-30 2018-01-17
6 SHS 3M CO P 2012-09-17 2018-01-17
18 SHS ACCENTURE PLC IRELAND CL A P 2015-11-18 2018-03-08
13 SHS ADOBE SYSTEMS INC (DELAWARE) P 2016-06-17 2018-03-08
10 SHS ALIBABA GROUP HLDG LTD P 2015-03-20 2018-03-08
3 SHS GOOGLE (ALPHABET INC CL A) P 2012-03-22 2018-03-08
2 SHS GOOGLE (ALPHABET INC CL C) P 2012-03-22 2018-03-08
1 SHS AMAZON P 2007-01-05 2018-03-08
18 SHS AMERICAN TOWER CORP REIT P 2013-10-03 2018-03-08
24 SHS APPLE INC P 2012-09-11 2018-03-08
84 SHS BANK OF AMERICA CORP P 2016-05-04 2018-03-08
15 SHS BHP BILLITON LTD SPON ADR P 2016-11-22 2018-03-08
19 SHS CELGNE CORP P 2012-03-22 2018-03-08
12 SHS CHEVRON CORP P 2012-10-05 2018-03-08
36 SHS CISCO SYSTEMS INC P 2012-06-20 2018-03-08
13 SHS COLGATE PALMOLIVE CO P 2017-02-17 2018-03-08
57 SHS COMCAST CORP BEW CL A P 2012-08-30 2018-03-08
11 SHS EDWARDS LIFESCIENCES CORP P 2017-02-17 2018-03-08
22 SHS EXXON MOBIL CORP P 2009-07-02 2018-03-08
15 SHS FACEBOOK INC CL A P 2016-06-17 2018-03-08
9 SHS FEDEX CORP P 2012-05-09 2018-03-08
15 SHS HOME DEPOT INC P 2016-06-17 2018-03-08
82 SHS INTEL CORP P 2011-04-20 2018-03-08
29 SHS INTERCONTINENTAL EXCHANGE GROUP P 2012-09-24 2018-03-08
14 SHS JOHNSON & JOHNSON COM P 2008-01-04 2018-03-08
44 SHS JP MORGAN CHASE & CO P 2008-01-04 2018-03-08
45 SHS KINDER MORGAN INC P 2016-05-18 2018-03-08
11 SHS MEDTRONIC PLC P 2015-01-27 2018-03-08
33 SHS MERCK & CO INC NEW COM P 2013-03-11 2018-03-08
25 SHS MICROSOFT CORP P 2012-05-18 2018-03-08
13 SHS PEPSICO INC P 2009-07-02 2018-03-08
13 SHS PNC FINANCIAL SERVICES GROUP P 2012-09-24 2018-03-08
27 SHS RIO TIINTO PLC SPON ADR P 2016-05-18 2018-03-08
18 SHS SCHLUMBERGER LTD NETHERLANDS ANTILLES P 2012-06-20 2018-03-08
9 SHS THERMO FISHER SCIENTIFIC INC P 2012-05-02 2018-03-08
33 SHS TJX COS INC NEW P 2012-11-12 2018-03-08
8 SHS TRAVELERS COS INC/THE P 2009-12-22 2018-03-08
12 SHS UNITEDHEALTH GROUP INC P 2017-02-17 2018-03-08
15 SHS UNTD TECHNOLOGIES CORP P 2012-04-19 2018-03-08
28 SHS US BANCORP DEL (NEW) P 2014-05-05 2018-03-08
15 SHS VISA INC CL A P 2016-09-12 2018-03-08
25 SHS WALT DISNEY CO (HOLDING CO) DISNEY COM P 2012-08-30 2018-03-08
12 SHS 3M CO P 2012-09-17 2018-03-08
175 SHS ACCENTURE PLC IRELAND CL A P 2015-11-18 2018-03-21
150 SHS ADOBE SYSTEMS INC (DELAWARE) P 2016-06-17 2018-03-21
32 SHS GOOGLE (ALPHABET INC CL A) P 2012-03-22 2018-03-21
216 SHS CISCO SYSTEMS INC P 2012-06-20 2018-03-21
180 SHS FEDEX CORP P 2012-05-09 2018-03-21
1698 SHS KINDER MORGAN INC P 2016-05-18 2018-03-21
152 SHS MERCK & CO INC NEW COM P 2013-03-11 2018-03-21
176 SHS ADOBE SYSTEMS INC (DELAWARE) P 2016-06-17 2017-06-09
173 SHS ANADARKO PETROLEUM CORP P 2016-07-07 2017-06-09
1265 SHS APACHE CORP P 2017-02-07 2017-06-09
23 SHS JHANCOK P 2017-04-20 2018-01-17
7 SHS BEIGENE LTD SPON ADR P 2017-08-14 2018-01-17
11 SHS BRISTOL MYERS SQUIBB P 2017-11-17 2018-01-17
7 SHS COLGATE PALMOLIVE CO P 2017-02-17 2018-01-17
6 SHS EDWARDS LIFESCIENCES CORP P 2017-02-17 2018-01-17
13 SHS EOG RESOURCES P 2017-06-09 2018-01-17
25 SHS MONDELEZ INTL INC P 2017-10-04 2018-01-17
6 SHS PIONEER NAT RES CO P 2017-06-09 2018-01-17
6 SHS UNITEDHEALTH GROUP INC P 2017-02-17 2018-01-17
14 SHS BEIGENE LTD SPON ADR P 2017-08-14 2018-03-08
22 SHS BRISTOL MYERS SQUIBB P 2017-11-17 2018-03-08
27 SHS EOG RESOURCES P 2017-06-09 2018-03-08
48 SHS JHANCOK P 2017-04-20 2018-03-08
17 SHS LENNAR CORP CL A P 2018-02-09 2018-03-08
50 SHS MONDELEZ INTL INC P 2017-10-04 2018-03-08
11 SHS PIONEER NAT RES CO P 2017-06-09 2018-03-08
131 SHS BEIGENE LTD SPON ADR P 2017-08-14 2018-03-21
15000 SHS STATE STREET BK & TR CO 5.25% P 2009-09-18 2017-04-18
15000 SHS SUNTRUST BANKS INC 6% P 2009-07-10 2017-04-19
20000 SHS PNC BANK NA 4.875% P 2009-06-19 2017-04-24
13000 SHS PNC BANK NA NTS P 2015-02-15 2017-05-09
33000 SHS METLIFE INC NTS SER A 6.817% P 2009-06-17 2017-06-15
19000 SHS BANK OF NEW YORK MELLON P 2013-01-29 2017-06-20
24000 SHS J P MORGAN CHASE & CO NTS B/E 2.0% P   2017-07-18
30000 SHS JOHNSON & JOHNSON COM P 2009-07-13 2017-08-15
15000 SHS COMET 5.75% P 2011-12-01 2017-09-15
30000 SHS NORTHERN STATES 5.25% P 2009-06-26 2017-09-29
9000 SHS COMERICA BK B/E 2.5% P 2015-12-15 2017-10-16
6000 SHS PUBLIC SVC CO 5.8% P 2015-10-16 2017-11-10
83000 SHS US TSY NOTE 0.750% DUE 9/30/18 P 2016-11-15 2017-12-19
30000 SHS AT&T INC P 2014-09-29 2018-02-01
22000 SHS GENERAL ELEC CAP CORP 2.2% P 2015-04-28 2018-03-02
20000 SHS AMERICAN EXPRESS CO 7.7% P 2013-09-13 2018-03-19
FHLMC PLG18622 2.500 P 2016-12-21 2017-11-14
FNMA PL 2.5% DUE 09/01/30 P 2015-09-21 2017-11-14
JCPL 2002-A 06.1600 FACTOR P 2011-10-21 2017-06-05
NELNET 2.0401% P 2009-09-11 2017-07-31
185 SHS MEDTRONIC PLC P 2015-01-27 2017-03-30
658 SHS CISCO SYSTEMS INC P 2015-06-22 2017-08-02
274 SHS SCHLUMBERGER LTD NETHERLANDS P 2015-05-11 2017-08-02
206 SHS TORONTO DOMINION BK NEW CANADA P 2014-08-19 2017-08-02
226 SHS NORDSTROM INC P 2013-08-12 2017-09-12
229 SHS PEPSICO INC P 2015-07-15 2018-01-09
30 SHS UNION PACIFIC CORP P 2014-04-17 2018-03-08
215 SHS JOHNSON STLD INTL PLC P 2017-01-30 2017-08-02
240 SHS CVS HEALTH CORP P 2017-01-30 2017-12-22
(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 30,693   18,056 12,637
b 22,453   8,341 14,112
c 35,473   16,754 18,719
d 20,466   27,725 -7,259
e 25,347   13,188 12,159
52,798   70,987 -18,189
40,001   45,854 -5,853
65,796   28,236 37,560
1,441   975 466
1,375   671 704
923   432 491
2,275   745 1,530
1,131   372 759
1,232   661 571
2,129   967 1,162
1,298   593 705
398   306 92
1,024   166 858
793   705 88
739   313 426
1,208   555 653
965   825 140
1,423   905 518
1,353   436 917
1,591   1,019 572
1,819   863 956
1,123   412 711
1,036   324 712
2,472   834 1,638
429   379 50
517   230 287
1,056   737 319
1,171   466 705
720   369 351
1,076   460 616
733   376 357
698   653 45
839   222 617
1,225   655 570
547   177 370
1,072   699 373
783   562 221
972   660 312
1,450   820 630
1,488   562 926
2,858   1,949 909
2,814   1,246 1,568
1,880   863 1,017
3,366   1,118 2,248
2,236   744 1,492
1,550   775 775
2,559   1,322 1,237
4,240   1,935 2,305
2,685   1,185 1,500
667   574 93
1,736   316 1,420
1,353   1,410 -57
1,588   626 962
922   933 -11
2,092   1,092 1,000
1,516   985 531
1,627   1,650 -23
2,735   1,697 1,038
2,140   784 1,356
2,663   1,911 752
4,170   1,726 2,444
2,127   797 1,330
1,830   649 1,181
5,019   1,667 3,352
720   776 -56
901   421 480
1,801   1,431 370
2,361   895 1,466
1,452   800 652
2,053   854 1,199
1,390   781 609
1,193   1,306 -113
1,894   498 1,396
2,755   1,350 1,405
1,112   355 757
2,704   1,886 818
1,953   1,311 642
1,499   1,125 374
1,824   1,238 586
2,607   1,576 1,031
2,819   1,125 1,694
28,464   18,950 9,514
34,112   14,373 19,739
35,141   11,928 23,213
9,620   3,758 5,862
45,410   15,684 29,726
27,035   29,290 -2,255
8,331   6,593 1,738
24,422   16,864 7,558
8,292   11,233 -2,941
60,824   71,887 -11,063
697   603 94
738   498 240
674   673 1
538   503 35
724   538 186
1,479   1,288 191
1,098   1,026 72
1,103   1,068 35
1,424   943 481
2,116   996 1,120
1,468   1,346 122
2,706   2,675 31
1,427   1,216 211
991   998 -7
2,197   2,052 145
1,857   1,958 -101
23,219   9,322 13,897
15,773   16,031 -258
15,353   14,271 1,082
20,364   17,650 2,714
13,679   15,407 -1,728
35,686   36,758 -1,072
19,000   19,576 -576
24,213   24,430 -217
30,000   33,905 -3,905
15,000   17,862 -2,862
30,473   31,926 -1,453
9,150   8,997 153
6,257   6,797 -540
82,527   82,691 -164
30,000   33,903 -3,903
21,771   22,577 -806
20,000   24,567 -4,567
28,917   28,795 122
29,150   33,238 -4,088
1,126   6,145 -5,019
38,876   40,008 -1,132
14,983     14,983
20,693   19,081 1,612
18,730   23,284 -4,554
10,603   10,824 -221
10,274   13,681 -3,407
27,107   22,171 4,936
3,944   2,812 1,132
8,473   9,350 -877
17,663   18,883 -1,220
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       12,637
b       14,112
c       18,719
d       -7,259
e       12,159
      -18,189
      -5,853
      37,560
      466
      704
      491
      1,530
      759
      571
      1,162
      705
      92
      858
      88
      426
      653
      140
      518
      917
      572
      956
      711
      712
      1,638
      50
      287
      319
      705
      351
      616
      357
      45
      617
      570
      370
      373
      221
      312
      630
      926
      909
      1,568
      1,017
      2,248
      1,492
      775
      1,237
      2,305
      1,500
      93
      1,420
      -57
      962
      -11
      1,000
      531
      -23
      1,038
      1,356
      752
      2,444
      1,330
      1,181
      3,352
      -56
      480
      370
      1,466
      652
      1,199
      609
      -113
      1,396
      1,405
      757
      818
      642
      374
      586
      1,031
      1,694
      9,514
      19,739
      23,213
      5,862
      29,726
      -2,255
      1,738
      7,558
      -2,941
      -11,063
      94
      240
      1
      35
      186
      191
      72
      35
      481
      1,120
      122
      31
      211
      -7
      145
      -101
      13,897
      -258
      1,082
      2,714
      -1,728
      -1,072
      -576
      -217
      -3,905
      -2,862
      -1,453
      153
      -540
      -164
      -3,903
      -806
      -4,567
      122
      -4,088
      -5,019
      -1,132
      14,983
      1,612
      -4,554
      -221
      -3,407
      4,936
      1,132
      -877
      -1,220
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 2 209,042
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 358,770 7,727,738 0.046426
2017 340,544 7,743,388 0.043979
2016 447,510 8,142,406 0.054960
2015 342,890 7,753,787 0.044222
2014 453,819 7,188,002 0.063136
2
Total of line 1, column (d) .....................
2
0.252723
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
0.050545
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
8,174,232
5
Multiply line 4 by line 3......................
5
413,167
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,609
7
Add lines 5 and 6........................
7
416,776
8
Enter qualifying distributions from Part XII, line 4,.............
8
496,115
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 3,609
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 3,609
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,609
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 27,415
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 27,415
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 23,806
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet23,806 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCT
    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 addressbulletN/A
    14
    The books are in care ofbulletMARC R KOPPELMAN CPA MARKS PANET Telephone no.bullet (914) 524-9000

    Located atbullet4 MANHATTANVILLE ROAD SUITE 402PURCHASENY ZIP+4bullet10577
    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
    ALAN I RITTER PRESIDENT
    2.00
    0 0 0
    C/O MP LLP 4 MANHATTANVILLE RD
    SUITE 402
    PURCHASE,NY10577
    JONATHAN RITTER VICE-PRESIDENT
    1.00
    0 0 0
    C/O MP LLP 4 MANHATTANVILLE RD
    SUITE 402
    PURCHASE,NY10577
    EILEEN S SILVERSTEIN SECRETARY
    1.00
    0 0 0
    C/O MP LLP 4 MANHATTANVILLE RD
    SUITE 402
    PURCHASE,NY10577
    BECKY HUBBERT TREASURER
    1.00
    0 0 0
    C/O MP LLP 4 MANHATTANVILLE RD
    SUITE 402
    PURCHASE,NY10577
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (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
    7,698,285
    b
    Average of monthly cash balances.......................
    1b
    600,428
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,298,713
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    8,298,713
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    124,481
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,174,232
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    408,712
    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
    408,712
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    3,609
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,609
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    405,103
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    405,103
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    405,103
    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
    496,115
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    496,115
    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
    3,609
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    492,506
    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 7 405,103
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 354,164
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014......  
    b From 2015......  
    c From 2016......  
    d From 2017......  
    e From 2018......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 496,115
    a Applied to 2018, but not more than line 2a 354,164
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2019 distributable amount..... 141,951
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........
    263,152
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016....  
    c Excess from 2017....  
    d Excess from 2018....  
    e Excess from 2019....  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2019, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2019 (b) 2018 (c) 2017 (d) 2016
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    ASSOCIATION FOR DE TEPYAC DE NY
    251 WEST 14TH STREET
    NEW YORK,NY10011
    N/A PC CHARITABLE PURPOSE 1,500
    BREAD AND PUPPET THEATER
    753 HEIGHTS ROAD
    GLOVER,VT05839
    N/A PC CHARITABLE PURPOSE 3,000
    CENTER FOR CHILDREN'S ADVOCACY
    65 ELIZABETH STREET
    HARTFORD,CT06105
    N/A PC CHARITABLE PURPOSE 50,000
    CENTER FOR CONSTITUTIONAL RIGHTS
    666 BROADWAY 7TH FLOOR
    NEW YORK,NY10012
    N/A PC CHARITABLE PURPOSE 50,000
    CENTER FOR NEW AMERICAN MEDIA
    59 PROSPECT PLACE
    BROOKLYN,NY11217
    N/A PC CHARITABLE PURPOSE 5,000
    CENTRAL AMERICA LEGAL ASSISTANCE
    240 HOOPER ST
    BROOKLYN,NY11211
    N/A PC CHARITABLE PURPOSE 50,000
    CITY HARVEST
    575 EIGHTH AVENUE 4TH FLOOR
    NEW YORK,NY10018
    N/A PC CHARITABLE PURPOSE 1,000
    COALITION FOR THE HOMELESS
    129 FULTON STREET
    NEW YORK,NY10038
    N/A PC CHARITABLE PURPOSE 5,000
    COMPASSION AND CHOICES
    244 5TH AVENUE
    NEW YORK,NY10001
    N/A PC CHARITABLE PURPOSE 20,000
    FELLOWSHIP OF RECONCILIATION UFPJ
    PO BOX 271
    NYACK,NY10960
    N/A PC CHARITABLE PURPOSE 1,000
    FOUNDATION FOR THE STUDY OF INDEPENDENT SOCIAL IDEAS
    310 RIVERSIDE DRIVE
    NEW YORK,NY10025
    N/A PC CHARITABLE PURPOSE 10,000
    FRIENDS OF NYC LAB
    333 WEST 17TH STREET
    NEW YORK,NY10011
    N/A PC CHARITABLE PURPOSE 535
    HEARTBEAT ENSEMBLE
    233 PEARL STREET 20
    HARTFORD,CT06103
    N/A PC CHARITABLE PURPOSE 5,000
    LA MAMA ETC
    74A EAST 4TH STREET
    NEW YORK,NY10003
    N/A PC CHARITABLE PURPOSE 1,000
    MUSEUM OF RECLAIMED URBAN SPACE
    155 AVENUE C
    NEW YORK,NY10009
    N/A PC CHARITABLE PURPOSE 1,000
    NEW YORK LIFE CIVIL LIBERTIES UNION
    125 BROAD STREET 19TH FLOOR
    NEW YORK,NY10004
    N/A PC CHARITABLE PURPOSE 50,000
    NYC LAB MIDDLE SCHOOL PA
    333 W 17TH STREET
    NEW YORK,NY10011
    N/A PC CHARITABLE PURPOSE 2,000
    PLANNED PARENTHOOD OF GREATER OHIO
    206 E STATE ST
    COLUMBIS,OH43215
    N/A PC CHARITABLE PURPOSE 7,000
    PLANNED PARENTHOOD OF GREATER TEXAS
    201 E BEN WHITE BLVD BUILDING B
    AUSTIN,TX78704
    N/A PC CHARITABLE PURPOSE 10,000
    PLANNED PARENTHOOD OF GULF COAST
    4600 GULF FREEWAY
    HOUTON,TX77023
    N/A PC CHARITABLE PURPOSE 4,000
    PLANNED PARENTHOOD OF INDIANA
    PO BOX 397
    INDIANAPOLIS,IN46206
    N/A PC CHARITABLE PURPOSE 6,000
    PLANNED PARENTHOOD OF KANSAS
    4401 WEST 109TH STREET SUITE 200
    OVERLAND PARK,KS66211
    N/A PC CHARITABLE PURPOSE 4,000
    PLANNED PARENTHOOD OF NEW MEXICO
    701 SAN MATEO NE
    ALBUQUERQUE,NM87108
    N/A PC CHARITABLE PURPOSE 4,000
    PLANNED PARENTHOOD OF NEW YORK
    26 BLEEKER STREET
    NEW YORK,NY10012
    N/A PC CHARITABLE PURPOSE 25,000
    PLANNED PARENTHOOD OF SOUTH EAST AND NORTH FLORIDA
    2300 N FLORIDA MANGO RD
    WEST PALM BEACH,FL33409
    N/A PC CHARITABLE PURPOSE 7,000
    PLANNED PARENTHOOD OF SOUTHEAST
    PO BOX 97166
    WASHINGTON,DC20090
    N/A PC CHARITABLE PURPOSE 6,000
    PLANNED PARENTHOOD OF SOUTHWEST AND CENTRAL FLORIDA
    33 6TH STREET S SUITE 110
    ST PETESBURG,FL33701
    N/A PC CHARITABLE PURPOSE 7,000
    PROJECT VIETNAM FOUNDATION
    15975 HARBOR BLVD
    FOUNTAIN VALLEY,CA92708
    N/A PC CHARITABLE PURPOSE 2,000
    SOUTHERN CENTER FOR HUMAN RIGHTS
    83 POPLAR ST NW
    ATLANTA,GA30303
    N/A PC CHARITABLE PURPOSE 50,000
    UNIVERSITY OF CONNECTICUT LAW SCHOOL FOUNDATION
    45 ELIZABETH STREET
    HARTFORD,CT06105
    N/A PC CHARITABLE PURPOSE 5,000
    WILLIE MAE ROCK CAMP FOR GIRLS
    87 IRVING PL
    BROOKLYN,NY11238
    N/A PC CHARITABLE PURPOSE 1,000
    WORKING AMERICA
    815 16TH STREET NW
    WASHINGTON,DC20006
    N/A PC CHARITABLE PURPOSE 25,000
    YALE UNIVERSITY
    246 CHURCH STREET
    NEW HAVEN,CT06520
    N/A PC CHARITABLE PURPOSE 15,000
    Total .................................bullet 3a 434,035
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........
             
    4 Dividends and interest from securities....     14 221,892  
    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 ............
        18 209,042  
    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).. 0 430,934 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    430,934
    (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

    TY 2017 AccountingFeesSchedule
    Name:
    1848 FOUNDATION
     
    C/O MARKS PANETH LLP
    EIN:
    06-6302129
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING, TAX PREPARATION AND TAX ADVISORY FEES 77,600 15,520   62,080

    TY 2017 InvestmentsCorpBondsSchedule
    Name:
    1848 FOUNDATION
     
    C/O MARKS PANETH LLP
    EIN:
    06-6302129
    Name of Bond End of Year Book Value End of Year Fair Market Value
    15000 SHS ALLSTATE CORP 7.45% 16,194 16,194
    16000 SHS AMER EXPRESS CRD 2.125% 16,039 16,039
    31000 SHS AT&T INC 2.450% 30,832 30,832
    10000 SHS BANK OF NEW YORK 02.200% 9,979 9,979
    19000 SHS BANK OF NY MELLON CORP 1.6% 19,079 19,079
    35000 SHS BERSKSHIRE HATHAWAY INC 02.100% 34,976 34,976
    40000 SHS BB&T CORP MED TERM NTS 02.050% 39,041 39,041
    40000 SHS CAROLINA PWR & LIGHT CO 3.000% 40,166 40,166
    23000 SHS COMERICA BK B/E 02.500% 22,902 22,902
    29000 SHS EXXON MOBIL CORP 28,483 28,483
    10000 SHS GOLDNAB SAGS GROUP INC 6.150% 10,304 10,304
    26000 SHS HONEYWELL INTL INC 4.2500% 27,127 27,127
    22000 SHS J P MORNGAN CHASE & CO 06.300% 23,427 23,427
    30000 SHS JOHNSON & JOHNSON NTS 2.05% 28,897 28,897
    4000 SHS JOHNSON & JOHNSON COM 2.25% 3,921 3,921
    35000 SHS KENTUCKY UTILS CO 3.250% 35,543 35,543
    30000 SHS KIMBERLY CLARK CORP 01.1850% 29,541 29,541
    34000 SHS METLIFE INC B/E 4.368% 35,442 35,442
    21000 SHS NATIONAL RURAL UTILS COOP 02.350% 20,858 20,858
    30000 SHS NORTHERN STATES PWR-MINN 2.15% 28,881 28,881
    18000 SHS NTHN TR CORP NTS 03.375% 18,372 18,372
    31000 SHS PEPSICO INC 02.250% 31,131 31,131
    20000 SHS PNC BK NATL ASSN 02.550% 19,684 19,684
    12000 SHS PNC BANK NA B/E 3.8% 12,234 12,234
    29000 SHS PROCTER & GAMBLE CO 2.300% 28,536 28,536
    5000 SHS PROCTER & GAMBLE CO 1.7% 4,852 4,852
    40000 SHS PRUDENTIAL FINANCIAL INC 2.350% 39,858 39,858
    39000 SHS PUBLIC SERVICE ELEC 2.250% 35,651 35,651
    15000 SHS STATE STREET CORP B/E 03.300% 15,014 15,014
    9000 SHS STATE STREET CORP B/E 3.7% 9,333 9,333
    15000 SHS SUNTRUST BANKS INC 02.700% 14,740 14,740
    28000 SHS TRGT CORP NTS 03.875% 28,909 28,909
    29000 SHS UNITED PARCEL SERVICE - 3.125% 29,412 29,412
    26000 SHS UNITED TECHNOLOGIES CORP 04.500% 27,412 27,412
    7000 SHS UNITED TECHNOLOGIES CORP 01-950 6,778 6,778
    39000 SHS US BANK NA CINCINNATI 02.125% 38,955 38,955
    33000 SHS WALT DISNEY CO 1.850 32,965 32,965

    TY 2017 InvestmentsCorpStockSchedule
    Name:
    1848 FOUNDATION
     
    C/O MARKS PANETH LLP
    EIN:
    06-6302129
    Name of Stock End of Year Book Value End of Year Fair Market Value
    6604 SHS AMERICAN FUNDS CAPITAL WORLD GROWTH & INCOME FUND 337,386 337,386
    3934 SHS AMERICAN FUNDS NEW WORLD FUND 266,577 266,577
    3533 SHS AMERICAN FUNDS SMALL CAP WORLD FUND CL A 199,767 199,767
    5803 SHS AMERICAN FUNDS EURO PACIPIC GROWTH FUND 329,305 329,305
    3690 SHS AMERICAN FUNDS NEW PERSPECTIVE FUND 162,675 162,675
    12863 SHS KEELEY SMALL CAP VALUE FUND 399,148 399,148
    490 SHS ABBVIE INC COM DE 46,378 46,378
    498 SHS ACCENTURE PLC 76,443 76,443
    359 SHS ADOBE SYSTEMS INC 77,573 77,573
    703 SHS AMERICAN TOWER CORP REIT DEL 102,174 102,174
    370 SHS ALIBABA GROUP HLDG LTD 67,910 67,910
    29 SHS AMAZON 41,973 41,973
    899 SHS APPLE INC. 150,834 150,834
    3189 SHS BANK OF AMERICA CORP 95,638 95,638
    398 SHS BEIGENE LTD SPON ADR DE 66,864 66,864
    582 SHS BHP BILLITON LTD 25,858 25,858
    832 SHS BRISTOL MYERS SQUIBB CO 52,624 52,624
    731 SHS CELGENE CORP 65,213 65,213
    446 SHS CHEVRON CORP 50,862 50,862
    1140 SHS CISCO SYSTEMS INC 48,895 48,895
    504 SHS COLGATE PALMOLIVE CO 36,127 36,127
    2164 SHS COMCAST CORP NEW CL A 73,944 73,944
    428 SHS EDWARDS LIFESCIENCES CORP 59,714 59,714
    1015 SHS EOG RESOURCES 106,849 106,849
    853 SHS EXXON MOBIL CORP 63,642 63,642
    577 SHS FACEBOOK INC CL A 92,199 92,199
    180 SHS FEDEX CORP 43,220 43,220
    92 SHS GOOGLE INC CL A- ALPHABET INC CL A 95,417 95,417
    63 SHS GOOGLE INC CL C- ALPHABET INC CL C 65,003 65,003
    587 SHS HOME DEPOT INC 104,627 104,627
    3109 SHS INTEL CORP 161,917 161,917
    1111 SHS INTERCONTINENTALEXCHANGE INC 80,570 80,570
    525 SHS JOHNSON & JOHNSON COM 67,279 67,279
    1661 SHS JPMORGAN CHASE & CO 182,660 182,660
    650 SHS LENNAR CORP CL A DE 38,311 38,311
    423 SHS MEDTRONIC INC 33,933 33,933
    1108 SHS MERCK & CO INC 60,353 60,353
    962 SHS MICROSOFT CORP 87,802 87,802
    1890 SHS MONDELEZ INTL INC DE 78,870 78,870
    481 SHS PEPSICO INC 52,501 52,501
    418 SHS PIONEER NAT RES CO 71,804 71,804
    502 SHS PNC FINANCIAL SERVICES GROUP 75,922 75,922
    1020 SHS RIO TINTO PLC SPON ADR 52,561 52,561
    673 SHS SCHLUMBERGER LTD NETHERLANDS ANTILLES 43,597 43,597
    1251 SHS TJX COS INC 102,032 102,032
    333 SHS THERMO FISHER SCIENTIFIC INC 68,751 68,751
    303 SHS TRAVELERS COS INC 42,075 42,075
    452 SHS UNITEDHEALTH GROUP 96,728 96,728
    765 SHS UNILEVER PLC AMER SHS NEW SPON ADR DE 42,503 42,503
    425 SHS UNITED PARCEL SERVICE INC 44,481 44,481
    577 SHS UNTD TECHNOLOGIES CORP 72,598 72,598
    1070 SHS US BANK CORP DEL 54,035 54,035
    572 SHS VISA INC CL A DE 68,423 68,423
    962 SHS WALT DISNEY CO 96,623 96,623
    469 SHS 3M CO 102,955 102,955
    15000 SHS CCCIT 02.28800% DUE 1/23/23 15,106 15,106
    40000 SHS CENTERPOINT ENERGY TRANSITION 04.243% 41,602 41,602
    15000 SHS CENTERPOINT ENERGY TRANSITION 03.0282% 15,161 15,161
    40000 SHS DISCOVER CARD EXECUTION NT 1.670% 39,565 39,565
    147000 SHS FNMA PL 4% DUE 5/1/24 9,362 9,362
    75000 SHS FNMA PL 3% DUE 11/1/26 18,831 18,831
    70000 SHS FNMA PL 2.5% DUUE 10/01/28 38,768 38,768
    20000 SHS KEYCORP STUDENT LN TR 2004-A SER 2004-A 7,835 7,835
    198 SHS ACCENTURE PLC IRELAND CL A DE 30,393 30,393
    89 SHS APPLE INC 14,932 14,932
    75 SHS BLACKROCK INC DE 40,629 40,629
    286 SHS BRITISH AMER TOBACCO PLC 16,499 16,499
    215 SHS CHEVRON CORP DE 24,519 24,519
    146 SHS CHUBB LTD 19,968 19,968
    222 SHS COCA COLA CO 9,641 9,641
    268 SHS COLGATE PALMOLIVE CO 19,210 19,210
    630 SHS COMCAST CORP NEW CL A DE 21,527 21,527
    215 SHS CRANE CO DE 19,939 19,939
    134 SHS DANAHER CORP 13,120 13,120
    138 SHS DIAGEO PLC 18,688 18,688
    118 SHS HOME DEPOT INC 21,032 21,032
    789 SHS INTEL CORP 41,091 41,091
    568 SHS INVESCO LTD 18,182 18,182
    189 SHS JOHNSON & JOHNSON COM 24,220 24,220
    280 SHS JPMORGAN CHASE & CO DE 30,792 30,792
    60 SHS LOCKHEED MARTIN CORP DE 20,276 20,276
    215 SHS MARSH & MCLENNAN COS INC 17,757 17,757
    155 SHS MCDONALDS CORP 24,239 24,239
    186 SHS MEDTRONIC INC 14,921 14,921
    579 SHS MICROSOFT CORP 52,845 52,845
    140 SHS NEXTERA ENERGY INC COM DE 22,866 22,866
    256 SHS NOVARTIS 20,698 20,698
    190 SHS PRAXAIR INC 27,417 27,417
    141 SHS ROCKWELL AUTOMATION INC NEW DE 24,562 24,562
    780 SHS SUNCOR ENERGY INC 26,941 26,941
    400 SHS TEXAS INSTRUMENTS 41,556 41,556
    186 SHS UNITED TECHNOLOGIES INC 23,403 23,403
    178 SHS UNION PACIFIC CORP 23,929 23,929
    234 SHS VF CORP 17,344 17,344
    1828 SHS JHANCOK REGIONAL BANK 51,651 51,651

    TY 2017 InvestmentsGovtObligationsSch
    Name:
    1848 FOUNDATION
     
    C/O MARKS PANETH LLP
    EIN:
    06-6302129
    US Government Securities - End of Year Book Value:

    672,672
    US Government Securities - End of Year Fair Market Value:

    672,672
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2017 OtherIncreasesSchedule
    Name:
    1848 FOUNDATION
     
    C/O MARKS PANETH LLP
    EIN:
    06-6302129
    Description Amount
    UNREALIZED GAINS ON INVESTMENTS 434,925


    TY 2017 OtherLiabilitiesSchedule
    Name:
    1848 FOUNDATION
     
    C/O MARKS PANETH LLP
    EIN:
    06-6302129
    Description Beginning of Year - Book Value End of Year - Book Value
    MISCELLANEOUS LIABILITY 0 7,000


    TY 2017 OtherProfessionalFeesSchedule
    Name:
    1848 FOUNDATION
     
    C/O MARKS PANETH LLP
    EIN:
    06-6302129
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 54,209 54,209   0


    TY 2017 TaxesSchedule
    Name:
    1848 FOUNDATION
     
    C/O MARKS PANETH LLP
    EIN:
    06-6302129
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 320 320   0
    IRC SEC 4940 TAX 10,000 0   0