Form990-PF
Click to see attachment

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 12-01-2017 , and ending 11-30-2018
Name of foundation
THE THOMAS AND AGNES CARVEL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)35 EAST GRASSY SPRAIN ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
YONKERS, NY10710
A Employer identification number

13-2879673
B Telephone number (see instructions)

(914) 793-7300
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$47,586,668J 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) 3,478,275
2 Check bullet.............
3 Interest on savings and temporary cash investments 156 156  
4 Dividends and interest from securities... 951,917 951,917  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,023,629
b Gross sales price for all assets on line 6a 15,540,914
7 Capital gain net income (from Part IV, line 2)... 1,023,629
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 1,271 1,271  
12 Total. Add lines 1 through 11........ 5,455,248 1,976,973  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 122,000 73,200   48,800
14 Other employee salaries and wages...... 132,277 79,366   52,911
15 Pension plans, employee benefits....... 4,945 2,967   1,978
16a Legal fees (attach schedule)......... Click to see attachment 87,981 87,981   0
b Accounting fees (attach schedule)....... Click to see attachment 28,700 22,960   5,740
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 10,866 6,520   4,346
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 54,479 27,240   27,240
21 Travel, conferences, and meetings....... 12,204 7,322   4,882
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 283,169 257,737   25,432
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 736,621 565,293   171,329
25 Contributions, gifts, grants paid....... 2,481,050 2,481,050
26 Total expenses and disbursements. Add lines 24 and 25 3,217,671 565,293   2,652,379
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,237,577
b Net investment income (if negative, enter -0-) 1,411,680
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............. 101,844 104,469 104,469
2 Savings and temporary cash investments......... 48,715 48,847 48,847
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   76,793 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 22,865 22,838 22,838
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 46,556,882 Click to see attachment47,317,143 47,317,143
14 Land, buildings, and equipment: basis bullet10,993
Less: accumulated depreciation (attach schedule) bullet10,993      
15 Other assets (describe bullet) Click to see attachment65,190 Click to see attachment93,371 Click to see attachment93,371
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 46,872,289 47,586,668 47,586,668
Liabilities 17 Accounts payable and accrued expenses.......... 55,842 35,000
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment4,786 Click to see attachment21,713
23 Total liabilities (add lines 17 through 22)......... 60,628 56,713
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    
29 Total net assets or fund balances (see instructions)..... 46,811,661 47,529,955
30 Total liabilities and net assets/fund balances (see instructions). 46,872,289 47,586,668
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
46,811,661
2
Enter amount from Part I, line 27a .....................
2
2,237,577
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
11,800
4
Add lines 1, 2, and 3 ..........................
4
49,061,038
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,531,083
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
47,529,955
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-BONY NOMINEE P    
b PUBLICLY TRADED SECURITIES-GOLDMAN SACHS NOMINEE P    
c CAPITAL GAINS DIVIDENDS P    
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 12,076,640   11,770,487 306,153
b 3,035,790   2,746,798 288,992
c 428,484     428,484
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       306,153
b       288,992
c       428,484
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 1,023,629
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 2,538,424 44,769,905 0.056699
2017 2,297,727 43,467,398 0.052861
2016 2,532,779 39,445,835 0.064209
2015 2,179,936 38,510,910 0.056606
2014 2,361,721 36,865,424 0.064063
2
Total of line 1, column (d) .....................
2
0.294438
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
0.058888
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
47,832,013
5
Multiply line 4 by line 3......................
5
2,816,732
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
14,117
7
Add lines 5 and 6........................
7
2,830,849
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,652,379
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 28,234
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 28,234
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 28,234
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 14,539
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 14,539
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 506
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 14,201
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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 ofbulletTHE FOUNDATION Telephone no.bullet (914) 793-7300

    Located atbullet35 E GRASSY SPRAIN RDYONKERSNY ZIP+4bullet107100000
    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
    PETER SMITH PRESIDENT
    25.00     		102,827 0 0
    35 E GRASSY SPRAIN RD
    YONKERS,NY10710
    SALVADOR MOLELLA VICE PRESIDENT
    3.00     		25,000 0 0
    37035 EXUMA BAY
    BOYNTON BEACH,FL33436
    JOAN MAGOOLAGHAN DIRECTOR
    1.00     		23,500 0 0
    221 DEVOE AVENUE
    YONKERS,NY10705
    MARIE HOLCOMBE TREASURER
    1.00     		25,000 0 0
    19 HEWITT AVENUE
    BRONXVILLE,NY10708
    BETTY GODLEY DIRECTOR
    1.00     		25,000 0 0
    4440E LADY BANKS LANE
    MURRELLS INLET,SC29576
    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
    RADCLIFFESLEBRASSEUR LEGAL 57,049
    88 FLEET ST
    LONDON    
    UK
    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
    48,292,272
    b
    Average of monthly cash balances.......................
    1b
    151,938
    c
    Fair market value of all other assets (see instructions)................
    1c
    116,209
    d
    Total (add lines 1a, b, and c).........................
    1d
    48,560,419
    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
    48,560,419
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    728,406
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    47,832,013
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,391,601
    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
    2,391,601
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    28,234
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    28,234
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,363,367
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,363,367
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,363,367
    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
    2,652,379
    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
    2,652,379
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,652,379
    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 2,363,367
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 92,632
    b From 2015...... 290,354
    c From 2016...... 644,225
    d From 2017...... 137,855
    e From 2018...... 332,609
    fTotal of lines 3a through e........ 1,497,675
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 2,652,379
    a Applied to 2018, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2019 distributable amount..... 2,363,367
    e Remaining amount distributed out of corpus 289,012
    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 1,786,687
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		92,632
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		1,694,055
    10 Analysis of line 9:
    a Excess from 2015.... 290,354
    b Excess from 2016.... 644,225
    c Excess from 2017.... 137,855
    d Excess from 2018.... 332,609
    e Excess from 2019.... 289,012
    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 e-mail address of the person to whom applications should be addressed:
    PETER SMITH
    35 E GRASSY SPRAIN RD
    YONKERS,NY10710
    (914) 793-7300
    bThe form in which applications should be submitted and information and materials they should include:
    BY LETTER SUPPORTED BY BUDGET FOR EXPENDITURE OF REQUESTED GRANT.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    ABBOTT HOUSE
    100 NORTH BROADWAY
    IRVINGTONONHUDSON,NY10533     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    AFYA FOUNDATION
    140 SAW MILL RIVER RD
    YONKERS,NY10701     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    AISLING IRISH COMMUNITY CENTER
    990 MCLEAN AVE
    YONKERS,NY10704     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    ALZHEIMER'S FOUNDATION OF AMERICA
    322 EIGHT AVE
    NEW YORK,NY10001     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    ANDRUS CHILDREN'S CENTER
    1156 NORTH BROADWAY
    YONKERS,NY10701     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    ART BEYOND SIGHT
    589 BROADWAY
    NEW YORK,NY10012     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    ARTSWESTCHESTER
    31 MAMARONECK AVENUE
    WHITE PLAINS,NY10601     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    ASSOCIATION FOR CHILDREN WITH DOWNS SYNDROME (ACDS)
    963 SCARSDALE RD
    SCARSDALE,NY10583     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    BEST BUDDIES NEW YORK
    1133 AVENUE OF THE AMERICAS
    NEW YORK,NY10036     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    BLUE PATH SERVICE DOGS
    8 COUNTRY CLUB ROAD
    HOPEWELL JUNCTION,NY12533     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    BOY SCOUTS OF AMERICA
    350 FIFTH AVE
    NEW YORK,NY10118     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    BOY SCOUTS WESTCHESTER PUTNAM
    41 SAW MILL RIVER RD
    HAWTHORNE,NY10532     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    BOYS & GIRLS CLUB OF MT VERNON
    350 S SIXTH AVE
    MT VERNON,NY10550     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    BRIDGES OUTREACH INC
    120 MORRIS AVENUE PO BOX 1444
    SUMMIT,NJ07902     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    BUILD NEW YORK
    1460 BROADWAY
    NEW YORK,NY10036     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    CABRINI IMMIGRANT SERVICES
    121 MAIN STREET
    DOBBS FERRY,NY10522     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    CALVARY FUND INC OF CALVARY HOSPITAL
    1740 EASTCHESTER ROAD
    BRONX,NY10461     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    CAMP SOULGROW INC
    PO BOX 1016
    MONTAUK,NY11954     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    CANCER SUPPORT TEAM
    2900 WESTCHESTER AVE
    PURCHASE,NY10577     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    CARDINAL HAYES HIGH SCHOOL
    650 GRAND CONCOURSE
    BRONX,NY10451     		SEE STATEMENT 15 PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    CARDINAL MCCLOSKEY SERVICES
    115 STEVENS AVENUE
    VALHALLA,NY10595     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 50,000
    CAREERS SUPPORT SOLUTIONS
    102 GLENEIDA AVE
    CARMEL,NY10512     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    CARVER CENTER
    400 WESTCHESTER AVENUE
    PORT CHESTER,NY10573     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    CATHOLIC BIG SISTERS BIG BROTHERS
    137 E SECOND STREET
    NEW YORK,NY10009     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    CATHOLIC CHARITIES COMMUNITY SERVICES
    1011 FIRST AVENUE
    NEW YORK,NY10022     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    CENTER CAREER FREEDOM
    ONE EAST POST ROAD
    WHITE PLAINS,NY10601     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    CEREBRAL PALSY OF WESTCHESTER
    1186 KING STREET
    RYE BROOK,NY10573     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 16,000
    CHALLENGED ATHLETES FOUNDATION
    18 CLUB BLVD
    W ORANGE,NJ07052     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 30,000
    CHILDREN'S VILLAGE
    THE CHILDRENS VILLAGE
    DOBBS FERRY,NY10522     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    CHRIST THE KING PREPARATORY HIGH SCHOOL
    239 WOODSIDE AVENUE
    NEWARK,NJ07104     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    COLLEGE OF NEW ROCHELLE SCHOOL OF NURSING
    29 CASTLE PLACE
    NEW ROCHELLE,NY10805     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    COMMUNITY BASED SERVICES
    3 FIELDS LANE
    NORTH SALEM,NY10560     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 30,000
    COMMUNITY CENTER OF NO WESTCHESTER
    84 BEDFORD RD
    KATONAH,NY10536     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    DELIVERING GOOD
    266 WEST 37TH STREET
    NEW YORK,NY10018     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    DOMINICAN COLLEGE
    470 WESTERN HIGHWAY
    ORANGEBURG,NY10962     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    ELIZABETH MASCIA CHILD CARE CENTER
    171 SHELDON AVENUE
    TARRYTOWN,NY10591     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    ELIZABETH SETON CHILDREN'S FOUNDATION
    300 CORPORATE BOULEVARD SOUTH
    YONKERS,NY10701     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    ENRICO FERMI SCHOLARSHIP FUND
    13 ANN MARIE PLACE
    YONKERS,NY10703     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    FAMILY SERVICES OF WESTCHESTER
    ONE GATEWAY PLAZA
    PORT CHESTER,NY10573     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    FAMILY SERVICES OF YONKERS
    30 SOUTH BROADWAY
    YONKERS,NY10701     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    FERNCLIFF MANOR
    1174 SAW MILL RIVER ROAD
    YONKERS,NY10710     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 13,400
    FOOD BANK OF WESTCHESTER
    200 CLEARBROOK ROAD
    ELMSFORD,NY10523     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    FRAXA FOUNDATION
    24 CUNNINGHAM DRIVE
    LAGRANGEVILLE,NY12540     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 60,000
    FREEDOM HOUSE FOUNDATION
    2004 ROUTE 31
    CLINTON,NJ08809     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    FREEHOLD BOROUGH EDUCATIONAL FUND
    6 HANCE BLVD
    FREEHOLD,NJ07728     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 1,000
    FRIENDS OF KAREN
    118 TITICUS RD PO BOX 190
    NORTH SALEM,NY10560     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    FROST VALLEY YMCA
    2000 FROST VALLEY RD
    CLARYVILLE,NY12725     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    FURNITURE SHAREHOUSE
    1 WEST AVENUE SUITE 201
    LARCHMONT,NY10538     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    GILDA'S CLUB OF WESTCHESTER
    80 MAPLE AVE
    WHITE PLAINS,NY10601     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    GIRL SCOUTS HEART OF THE HUDSON INC
    2 GREAT OAK LANE
    PLEASANTVILLE,NY10570     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    GIRLS INCWESTCHESTER
    901 NORTH BROADWAY SUITE 6
    WHITE PLAINS,NY10603     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    GREEN CHIMNEYS
    400 DOANSBURGH RD
    BREWSTER,NY10509     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    GREENBURGH NATURE CENTER
    99 DROMORE ROAD
    SCARSDALE,NY10583     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    GREENWOOD GARDENS
    274 OLD SHORT HILLS ROAD
    SHORT HILLS,NJ07078     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 7,500
    GREYSTON SOCIAL ENTERPRISE
    21 PARK AVENUE
    YONKERS,NY10703     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    GROUNDWORK HUDSON VALLEY
    22 MAIN STREET
    YONKERS,NY10701     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    GUIDANCE CENTER OF WESTCHESTER
    256 WASHINGTON AVE
    MT VERNON,NY10553     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    GULLOTTA HOUSE
    72 NORTH STATE RD
    BRIARCLIFF MANOR,NY10510     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 4,000
    HAZLET SCHOOL DISTRICT
    37 CRESCI BLVD
    HAZLET,NJ07730     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    HEARING AND COMMUNICATION CENTER
    50 BROADWAY
    NEW YORK,NY10004     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    HEARING HEALTH FOUNDATION
    363 SEVENTH AVENUE
    NEW YORK,NY10001     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    HISTORIC HUDSON VALLEY
    639 BEDFORD RD
    TARRYTOWN,NY10591     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    HOSPICE AND PALLIATIVE CARE OF WESTCHESTER
    1025 WESTCHESTER AVE
    WHITE PLAINS,NY10604     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    HOSPICE OF WESTCHESTER AND PUTNAM
    540 WHITE PLAINS RD
    TARRYTOWN,NY10591     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    HUDSON VALLEY SHAKESPEARE FESTIVAL
    143 MAIN STREET
    COLD SPRINGS,NY10516     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    JACK STEWART WILDLIFE FUND
    330 OVERLOOK DRIVE
    CARMEL,NY10512     		SEE STATEMENT 15 PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    JEWISH CHILD CARE ASSOCIATION
    120 WALL STREET
    NEW YORK,NY10005     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    JEWISH COUNCIL OF YONKERS
    30 SOUTH BROADWAY
    YONKERS,NY10701     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    JUVENILE DIABETES RESEARCH FOUNDATION
    1480 US 9 N SUITE 306
    WOODBRIDGE,NJ07095     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    KATONAH MUSEUM OF ART
    134 JAY STREET
    KATONAH,NY10536     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 8,500
    KEEN NEW YORK
    PO BOX 5115
    NEW YORK,NY10185     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    LEARNING ALLY
    20 ROSZEL ROAD
    PRINCETON,NJ08540     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    LEGAL SERVICES OF THE HUDSON VALLEY
    90 MAPLE AVENUE
    WHITE PLAINS,NY10601     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    LEUKEMIA AND LYMPHOMA SOCIETY
    3 INTERNATIONAL DRIVE
    RYE BROOK,NY10573     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    LIFTING UP WESTCHESTER
    35 ORCHARD STREET
    WHITE PLAINS,NY10603     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    LIVING HISTORY EDUCATION FOUNDATION
    11 LAKE DRIVE
    BUCHANAN,NY10511     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,050
    LOWER EAST SIDE GIRLS CLUB
    101 AVENUE D
    NEW YORK,NY10009     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 50,000
    MAKE A WISH FOUNDATION
    828 SOUTH BROADWAY
    TARRYTOWN,NY10591     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    MARIA REGINA HIGH SCHOOL
    500 W HARTSDALE AVE
    HARTSDALE,NY10530     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    MARIAN WOODS
    152 RIDGE RD
    HARTSDALE,NY10530     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    MASON GROSS SCHOOL OF THE ARTS
    33 LIVINGSTON AVE
    NEW BRUNSWICK,NJ08901     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 1,000
    MAYO PERFORMING ARTS CENTER
    100 SOUTH STREET
    MORRISTOWN,NJ07960     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    MEMORIAL SLOAN-KETTERING CANCER CENTER
    1275 YORK AVE
    NEW YORK,NY10065     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    MENTAL HEALTH ASSOCIATION OF WESTCHESTER
    580 WHITE PLAINS ROAD
    TARRYTOWN,NY10591     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    MERCY CARE OF THE ADIRONDACKS
    185 OLD MILITARY ROAD
    LAKE PLACID,NY12946     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 7,500
    MERCY CENTER
    377 EAST 145TH STREET
    BRONX,NY10454     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    MERCY COLLEGE
    555 BROADWAY
    DOBBS FERRY,NY10522     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    MIDNIGHT RUN
    97 MAIN STREET
    DOBBS FERRY,NY10522     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    MILL NECK FAMILY OF ORGANIZATIONS
    40 FROST MILL RD
    MILL NECK,NY11765     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    MIRACLE LEAGUE OF WESTCHESTER
    15 FISHER LANE
    WHITE PLAINS,NV10603     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    MONTEFIORE MEDICAL CENTER
    111 EAST 210 ST
    BRONX,NY10467     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    MOUNT KISCO CHILD CARE CENTER
    95 RADIO CIRCLE
    MT KISCO,NY10549     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 16,000
    MUSIC CONSERVATORY OF WESTCHESTER
    216 CENTRAL AVE
    WHITE PLAINS,NY10606     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    MY SISTER'S PLACE
    ONE WATER STREET
    WHITE PLAINS,NY10601     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    NATIONAL COUNCIL OF JEWISH WOMEN
    70 S ORANGE AVENUE
    LIVINGSTON,NJ07039     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    NEIGHBORHOOD HOUSE
    43 WILDEY STREET
    TARRYTOWN,NY10591     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 12,000
    NEUBERGER MUSEUM OF ART
    735 ANDERSON HILL RD
    PURCHASE,NY10577     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    NEW JERSEY SYMPHONY ORCHESTRA
    60 PARK PLACE
    NEWARK,NJ07102     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 7,500
    NEW YORK MILK BANK
    185 OLD BROADWAY
    HASTINGSONHUDSON,NY10706     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 35,000
    NORTHERN DUTCHESS SYMPHONY ORCHESTRA
    PO BOX 253
    RHINEBECK,NY12572     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    NY FOUNDLING HOSPITAL
    590 AVENUE OF THE AMERICAS
    NEW YORK,NY10011     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    OPEN DOOR
    2 CHURCH STREET
    OSSINING,NY10562     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 35,000
    OUR LADY OF MERCY ACADEMY
    816 CONVENT ROAD
    SYOSSET,NY11716     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    OUR LADY OF THE VALLEY CHURCH
    510 VALLEY STREET
    ORANGE,NJ07050     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    PACE WOMEN'S JUSTICE CENTER
    78 NORTH BROADWAY
    WHITE PLAINS,NY10603     		SEE STATEMENT 15 PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    PAJAMA PROGRAM
    114 EAST 39TH STREET
    NEW YORK,NY10016     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    PAPER MILL PLAYHOUSE
    BROOKSIDE DRIVE
    MILLBURN,NJ07041     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    PARTNERSHIP FOR INNER-CITY EDUCATION
    1011 FIRST AVENUE/SUITE 1800
    NEW YORK,NY10022     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    PEACE OUTSIDE CAMPUS
    45 KNOLLWOOD RD
    ELMSFORD,NY10523     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    PEDIATRIC CANCER FOUNDATION
    PO BOX 785
    MAMARONECK,NY10543     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    PEGASUS THERPEUTIC RIDING
    310 PEACH LAKE ROAD
    BREWSTER,NY10509     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    PINELANDS PRESERVATION ALLIANCE
    17 PEMBERTON ROAD
    SOUTHAMPTON,NY08088     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 150,000
    PREGNANCY CARE CENTER
    PO BOX 28
    NEW ROCHELLE,NY10801     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    RAMAPO FOR CHILDREN
    PO BOX 266
    RHINEBECK,NY12572     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    RESOURCE CENTER FOR COMMUNITY DEVELOPMENT
    884 EAST 163RD STREET
    BRONX,NY10459     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 8,000
    RISING GROUND
    463 HAWTHORNE AVE
    YONKERS,NY10705     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    SAN MIGUEL ACADEMY
    PO BOX 284
    CHAPPAQUA,NY10514     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    SARAH LAWRENCE COLLEGE
    35 ALEXANDER STREET
    YONKERS,NY10701     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    SCHOOL FOR CHILDREN WITH HIDDEN INTELLIGENCE
    1001 AVENUE OF THE AMERICAS
    NEW YORK,NY10018     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    SEARCH FOR CHANGE
    115 E STEVENS AVE
    VALHALLA,NY10595     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,600
    SHARING COMMUNITY
    PO BOX 657
    YONKERS,NY10702     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 2,000
    SHOES THAT FIT
    1420 N CLAREMONT BLVD
    CLAREMONT,CA91711     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 7,500
    SISTERS OF CHARITY
    6301 RIVERDALE AVE
    BRONX,NY10471     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    SOAR
    3025 4TH STREET NE
    WASHINGTON,DC20017     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    SONGCATCHERS INC
    2005 PALMER AVE
    LARCHMONT,NY10538     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    SOUTHAMPTON FRESH AIR HOME
    36 BARKERS ISLAND RD
    SOUTHAMPTON,NY11968     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    SPARC
    3045 GOMER STREET
    YORKTOWN,NY10598     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    ST FRANCIS YOUTH CENTER
    421 E 155TH STREET
    BRONX,NY10455     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    ST IGNATIUS SCHOOL
    740 MANITA STREET
    BRONX,NY10474     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    ST BARNABAS CHURCH
    REVOLUTIONARY ROAD
    ARDSLEY,NY10502     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 40,000
    ST CHRISTOPHER'S INN
    21 FRANCISCAN WAY/PO BOX 150
    GARRISON,NY10524     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    ST DOMINIC'S HOME
    500 WESTERN HIGHWAY
    BLAUVELT,NY10913     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 35,000
    ST PETERS SCHOOL
    204 HAWTHORNE AVENUE
    YONKERS,NY10705     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    ST PETERS UNIVERSITY
    2641 KENNEDY BLVD
    JERSEY CITY,NJ07306     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    ST VINCENT'S ACADEMY
    228 WEST MARKET STREET
    NEWARK,NJ07103     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 7,500
    STATE THEATRE
    15 LIVINGSTON AVENUE
    NEW BRUNSWICK,NJ08901     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    STEFFI NOSSEN DANCE FOUNDATION
    216 CENTRAL AVE
    WHITE PLAINS,NY10606     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    STUTTERING ASSOCIATION FOR THE YOUNG
    55 WEST 39TH STREEET
    NEW YORK,NY10018     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    SUPPORT CONNECTION
    40 TRIANGLE CENTER
    YORKTOWN HEIGHTS,NY10598     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    SYMPHONY OF WESTCHESTER
    PO BOX 207
    NEW ROCHELLE,NY10804     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    TEATOWN LAKE RESERVATION
    1600 SPRING VALLEY ROAD
    OSSINING,NY10562     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    THE CLEARVIEW SCHOOL
    480 ALBANY POST RD
    BRIARCLIFF MANOR,NY10510     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    THE SEEING EYE
    PO BOX 375
    MORRISTOWN,NJ07963     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    TRINITAS EMERGENCY DEPARTMENT
    PO BOX 259
    ELIZABETH,NJ07207     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    UNTERMYER GARDENS CONSERVANCY
    945 N BROADWAY
    YONKERS,NY10701     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    VERNON AVENUE PROJECT
    442 LORIMER STREET
    BROOKLYN,NY11206     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    VOLUNTEER NEW YORK
    220 WHITE PLAINS RD
    TARRYTOWN,NY10591     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    WARTBURG HOME
    ONE WARTBURG PLACE
    MT VERNON,NY10552     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    WESTCHESTER COMMUNITY COLLEGE FOUNDATION
    75 GRASSLANDS RD
    VALHALLA,NY10595     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 50,000
    WESTCHESTER EXCEPTIONAL CHILDREN
    520 RT 22
    NORTH SALEM,NY10560     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    WESTCHESTER INSTITUTE FOR HUMAN DEVELOPMENT
    CEDARWOOD HALL
    VALHALLA,NY10595     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    WESTCHESTER JEWISH COMMUNITY SERVICES
    845 NORTH BROADWAY
    WHITE PLAINS,NY10603     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    WESTCHESTER LIBRARY SYSTEM
    570 TAXTER ROAD
    ELMSFORD,NY10523     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    WESTHAB
    8 BASHFORD STREET
    YONKERS,NY10701     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    WHITE PLAINS LIBRARY
    100 MARTINE AVE
    WHITE PLAINS,NY10601     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 15,000
    WOMEN IN NEED
    115 WEST 31ST STREET
    NEW YORK,NY10001     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 5,000
    YMCA OF TARRYTOWN
    62 MAIN STREET
    TARRYTOWN,NY10591     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 10,000
    YONKERS PARTNERSHIP IN EDUCATION
    86 MAIN STREET
    YONKERS,NY10701     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 20,000
    YONKERS PHILHARMONIC ORCHESTRA
    PO BOX 705
    YONKERS,NY10704     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 6,000
    YWCA WHITE PLAINS AND CENTRAL WESTCHESTER
    515 NORTH STREET
    WHITE PLAINS,NY10605     		NONE PUBLIC CHARITY UNRESTRICTED GRANT 25,000
    Total .................................bullet 3a 2,481,050
    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 ...........     		    14 156  
    4 Dividends and interest from securities....     14 951,917  
    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.....     18 1,271  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,023,629  
    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 1,976,973 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,976,973
    (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:
    THE THOMAS AND AGNES CARVEL FOUNDATION
    EIN:
    13-2879673
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 28,700 22,960   5,740

    TY 2017 GeneralExplanationAttachment
    Name:
    THE THOMAS AND AGNES CARVEL FOUNDATION
    EIN:
    13-2879673
    Identifier Return Reference Explanation
    GRANT RECIPIENT RELATIONSHIP PART I - LINE 25 GRANTS A SPOUSE OF A BOARD MEMBER IS ALSO ON BOARD OF RECIPIENT ORGANIZATION. BOARD MEMBER ABSTAINED FROM VOTING ON GRANT APPROVAL: PACE WOMEN'S JUSTICE CENTER.A BOARD MEMBER IS ALSO ON BOARD OF RECIPIENT ORGANIZATION. BOARD MEMBER ABSTAINED FROM VOTING ON GRANT APPROVAL: CARDINAL HAYES HIGH SCHOOL.A RELATION OF A BOARD MEMBER IS ALSO ON BOARD OF RECIPIENT ORGANIZATION. BOARD MEMBER ABSTAINED FROM VOTING ON GRANT APPROVAL: JACK STEWART WILDLIFE FUND.

    TY 2017 InvestmentsOtherSchedule2
    Name:
    THE THOMAS AND AGNES CARVEL FOUNDATION
    EIN:
    13-2879673
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PUBLICLY TRADED SECURITIES FMV 47,317,143 47,317,143

    TY 2017 LegalFeesSchedule
    Name:
    THE THOMAS AND AGNES CARVEL FOUNDATION
    EIN:
    13-2879673
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 87,981 87,981   0


    TY 2017 OtherAssetsSchedule
    Name:
    THE THOMAS AND AGNES CARVEL FOUNDATION
    EIN:
    13-2879673
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INTEREST RECEIVABLE 45,290 85,171 85,171
    SECURITY DEPOSITS 7,870 8,200 8,200
    PREPAID EXCISE TAX 12,030 0  


    TY 2017 OtherDecreasesSchedule
    Name:
    THE THOMAS AND AGNES CARVEL FOUNDATION
    EIN:
    13-2879673
    Description Amount
    NET LOSS ON INVESTMENTS PER BOOK BASIS 907,198
    NET GAIN ON INVESTMENTS PER TAX BASIS 595,145
    FEDERAL EXCISE TAX PER BOOKS 28,740


    TY 2017 OtherExpensesSchedule
    Name:
    THE THOMAS AND AGNES CARVEL FOUNDATION
    EIN:
    13-2879673
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE SUPP. & EXPENSES 5,931 2,966   2,965
    TELEPHONE 3,310 1,655   1,655
    INSURANCE 40,153 20,076   20,077
    INVESTMENT CHARGES 231,325 231,325   0
    FILING FEES 2,450 1,715   735


    TY 2017 OtherIncomeSchedule2
    Name:
    THE THOMAS AND AGNES CARVEL FOUNDATION
    EIN:
    13-2879673
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 1,271 1,271 1,271


    TY 2017 OtherIncreasesSchedule
    Name:
    THE THOMAS AND AGNES CARVEL FOUNDATION
    EIN:
    13-2879673
    Description Amount
    RECOVERIES OF PRIOR YEAR QUALIFYING GRANTS PAID 11,800


    TY 2017 OtherLiabilitiesSchedule
    Name:
    THE THOMAS AND AGNES CARVEL FOUNDATION
    EIN:
    13-2879673
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL TAXES PAYABLE 4,786 7,512
    EXCISE TAX PAYABLE 0 14,201


    TY 2017 TaxesSchedule
    Name:
    THE THOMAS AND AGNES CARVEL FOUNDATION
    EIN:
    13-2879673
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL 10,866 6,520   4,346