Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
The Jockey Club Safety Net Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)40 EAST 52ND STREET 15TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10022
A Employer identification number

13-6124094
B Telephone number (see instructions)

(212) 371-5970
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$9,787,044J 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) 292,257
2 Check bullet.............
3 Interest on savings and temporary cash investments 165 165  
4 Dividends and interest from securities... 163,430 163,430  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 400,267
b Gross sales price for all assets on line 6a 3,693,537
7 Capital gain net income (from Part IV, line 2)... 400,267
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 26,611
b Less: Cost of goods sold.... 29,774
c Gross profit or (loss) (attach schedule)..... Click to see attachment -3,163  
11 Other income (attach schedule)....... 0 0 0
12 Total. Add lines 1 through 11........ 852,956 563,862 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 38,250     38,250
14 Other employee salaries and wages...... 43,288     43,288
15 Pension plans, employee benefits....... 9,003     9,003
16a Legal fees (attach schedule)......... Click to see attachment 438 0 0 438
b Accounting fees (attach schedule)....... Click to see attachment 18,150 0 0 9,075
c Other professional fees (attach schedule).... Click to see attachment 38,120 32,495 0 2,813
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 10,627 0 0 0
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,274     4,274
22 Printing and publications.......... 1,386     1,386
23 Other expenses (attach schedule)....... Click to see attachment 5,583 0 0 5,583
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 169,119 32,495 0 114,110
25 Contributions, gifts, grants paid....... 516,560 516,560
26 Total expenses and disbursements. Add lines 24 and 25 685,679 32,495 0 630,670
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 167,277
b Net investment income (if negative, enter -0-) 531,367
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 365,341 187,736 187,736
3 Accounts receivable bullet9,251
Less: allowance for doubtful accounts bullet   11,014 9,251 9,251
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet   0 0 0
5 Grants receivable.................   18,788 18,788
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) bullet0
Less: allowance for doubtful accounts bullet0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 58,856 46,456 46,456
10a Investments—U.S. and state government obligations (attach schedule) 895,940 Click to see attachment827,581 827,581
b Investments—corporate stock (attach schedule)....... 8,333,779 Click to see attachment7,877,805 7,877,805
c Investments—corporate bonds (attach schedule)....... 956,080 Click to see attachment819,427 819,427
11 Investments—land, buildings, and equipment: basis bullet0
Less: accumulated depreciation (attach schedule) bullet0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 0 0
14 Land, buildings, and equipment: basis bullet5,211
Less: accumulated depreciation (attach schedule) bullet5,211 0 Click to see attachment0 0
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,621,010 9,787,044 9,787,044
Liabilities 17 Accounts payable and accrued expenses.......... 22,686 21,061
18 Grants payable.................    
19 Deferred revenue................. 951 0
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 23,637 21,061
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 10,597,373 9,765,983
25 Temporarily restricted............... 0 0
26 Permanently restricted............... 0 0
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 10,597,373 9,765,983
31 Total liabilities and net assets/fund balances (see instructions). 10,621,010 9,787,044
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
10,597,373
2
Enter amount from Part I, line 27a .....................
2
167,277
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
10,764,650
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
998,667
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
9,765,983
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a SECURITY SALES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,693,537 0 3,293,270 400,267
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a     0 400,267
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 400,267
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 0
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 633,678 9,827,038 0.064483
2016 597,540 8,868,479 0.067378
2015 544,837 9,219,169 0.059098
2014 529,996 8,951,514 0.059207
2013 519,611 8,225,243 0.063173
2
Total of line 1, column (d) .....................
2
0.313339
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
0.062668
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
10,528,790
5
Multiply line 4 by line 3......................
5
659,818
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
5,314
7
Add lines 5 and 6........................
7
665,132
8
Enter qualifying distributions from Part XII, line 4,.............
8
630,670
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 10,627
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 10,627
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 10,627
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 5,229
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 7,398
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,627
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,000
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet2,000 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.TJCFOUNDATION.ORG
    14
    The books are in care ofbulletTHE JOCKEY CLUB Telephone no.bullet (212) 371-5970

    Located atbullet40 EAST 52ND STREET 15TH FLOORNEW YORKNY ZIP+4bullet10022
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    HELEN ALEXANDER TRUSTEE
    1.000     		0 0 0
    40 EAST 52ND STREET
    15TH FLOOR
    NEW YORK,NY10022
    C STEVEN DUNCKER TRUSTEE
    1.000     		0 0 0
    40 EAST 52ND STREET
    15TH FLOOR
    NEW YORK,NY10022
    DANIEL G VAN CLIFF JR MANAGING TRUSTEE
    1.000     		0 0 0
    40 EAST 52ND STREET
    15TH FLOOR
    NEW YORK,NY10022
    NANCY C KELLY SECRETARY
    16.000     		38,250 0 0
    40 EAST 52ND STREET
    15TH FLOOR
    NEW YORK,NY10022
    LAURA BARILLARO TREASURER
    2.000     		0 0 0
    40 EAST 52ND STREET
    15TH FLOOR
    NEW YORK,NY10022
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    THE JOCKEY CLUB PROFESSIONAL SERVICES 96,167
    40 EAST 52ND STREET
    15TH FLOOR
    NEW YORK,NY10022
    Total number of others receiving over $50,000 for professional services.............bullet1
    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 (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    10,361,201
    b
    Average of monthly cash balances.......................
    1b
    327,926
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,689,127
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    10,689,127
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    160,337
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    10,528,790
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    526,440
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    526,440
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    10,627
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,627
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    515,813
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    515,813
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    515,813
    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
    630,670
    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
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    630,670
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    630,670
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 515,813
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 2014 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 123,109
    b From 2014...... 94,459
    c From 2015...... 98,572
    d From 2016...... 156,848
    e From 2017...... 160,136
    fTotal of lines 3a through e........ 633,124
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 630,670
    a Applied to 2017, 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 2018 distributable amount..... 515,813
    e Remaining amount distributed out of corpus 114,857
    5 Excess distributions carryover applied to 2018. 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 5 747,981
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		123,109
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		624,872
    10 Analysis of line 9:
    a Excess from 2014.... 94,459
    b Excess from 2015.... 98,572
    c Excess from 2016.... 156,848
    d Excess from 2017.... 160,136
    e Excess from 2018.... 114,857
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JOCKEY CLUB SAFETY NET FOUNDATION
    40 EAST 52ND STREET 15TH FLOOR
    NEW YORK,NY10022
    (212) 371-5970
    bThe form in which applications should be submitted and information and materials they should include:
    A STATEMENT OUTLINING THE NEED FOR ASSISTANCE
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    APPLICANTS MUST HAVE, AT SOME TIME, BEEN ASSOCIATED IN SOME WAY (EVEN VIA RELATIVES) WITH THE THOROUGHBRED INDUSTRY.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Luisa Alvarez
    141 Norfolk Street
    New York,NY10022     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 11,050
    Vincent Amico
    5831 Secretariat Drive
    Vinton,LA70668     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 6,000
    Zaida Barrera
    370 Seventh Avenue Suite 1618
    New York,NY10001     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 11,400
    Gary Birzer
    8916 Fawn Trail
    Blanchester,OH45107     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 9,020
    Arlene Blake
    PO Box 25056
    Farmington,NY14425     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 3,600
    Wendy Bompas
    406 Sweetbay Ct
    Versailles,KY40383     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 9,000
    Margaret Cameron
    4 Meadow Lane
    Hicksville,NY11801     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 6,000
    Nick Caras
    506 First Avenue
    New Hyde Park,NY11040     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 500
    Dennis Carr
    229 County Route 76
    Still Water,NY12170     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 27,400
    Bonnie Castandeda
    304 New Haven Road
    Lancaster,KY40444     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 6,000
    Josue Don Juan
    7325 N 700 W
    Fairland,IN46126     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 3,000
    Donna Donovan
    1 Harness Court Apt T4
    Pikesville,MD21208     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 17,964
    Tiffany Easley
    321 Beacon Hill
    Versailles,KY40383     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 6,000
    Orlando Forbes
    664 Greenwich Drive
    Richmond Hill,GA31324     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 2,650
    Barbara Gabriele
    20 Warren Avenue
    Lincoln,RI02865     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 3,600
    Carl Gambardelia
    4 Danrich Court
    havehill,MA01832     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 9,000
    Humberto Garcia
    PO Box 37191
    Elmont,NY11003     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 10,200
    Melvin Gonzalez
    422 Heywood Avenue Apt 116
    Louisville,KY40208     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 1,800
    Doris Hollander
    83 Franklin Street
    Derry,NH03038     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 6,000
    Donna Israel
    735 Edgwood Rd
    Tobyhanna,PA18466     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 6,000
    Gwen Jocson
    105 Majestic Oak Drive
    Goose Creek,SC29445     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 10,300
    Kentucky Racetrack Chaplaincy
    PO Box 324
    Simpsonville,KY40067     		NONE PC to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 2,750
    Diane Lake
    93 Lakeside Drive
    Mechanicville,NY12118     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 5,500
    Eduardo Linares
    7 Penn Plaza Suite 618
    New York,NY10001     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 9,050
    James Lopes
    12351 Memorial Hwy
    Tampa,FL33635     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 6,600
    Isidro Luna
    200 Siesta Way
    El Paso,TX79922     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 9,000
    Anahi Mejia
    422 Heywood Avenue
    Louisville,KY40208     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 5,070
    Joseph Mileni
    730 SW 69th Terrace
    Pembroke Pines,FL33023     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 3,888
    Edwin Molinari
    14 B Reed Street
    Londonderry,NH03053     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 9,000
    Chris Montano
    14 B Reed Street
    Londonderry,NH03053     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 9,000
    Permanently Disabled Jockeys Fund
    PO Box 803
    Elmhurst,IL60126     		NONE PC to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 500
    David Prine
    68-01 Cooper Avenue
    Glendale,NY11385     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 12,660
    Raul Rojas
    165 Crowell Street
    Elmont,NY11003     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 6,000
    Race Track Champlaincy of America - Tampa Bay
    11225 Race Track Road
    Tampa,FL33626     		NONE PC to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 1,000
    Race Track Champlaincy of America - New York
    PO Box 37191
    Elmont,NY11003     		NONE PC to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 58,695
    Race Track Champlaincy of America - Ohio
    1223 Treehaven Lane
    Columbus,OH43204     		NONE PC to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 8,500
    Shannon Rydman
    1709 W 38th Street Apt 73
    Kearney,NE68845     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 850
    Henry Rytter
    925 N Queen Street
    Martinsburg,WV25404     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 7,500
    Diego Sanchez
    5216 Huckleberry Lane NW
    Gig Harbor,WA98335     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 14,400
    Joy Scott
    PO Box 187
    Pasadena,CA91102     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 12,000
    Rosemary Spinelli
    100 S Woodberry Dr
    DeBary,FL32713     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 5,500
    Rose Eileen Steele
    11610 County Road 461
    Tyler,TX75776     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 6,000
    Michael Straight
    2215 N 42nd Street
    Hollywood,FL33021     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 20,188
    Andria Terrill
    PO Box 1914
    Hallandale,FL33008     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 3,600
    Catalina Carpinteiro
    c/o Belmont Racetrack 2150 Hempstea
    d Tpke
    Elmont,NY11003     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 1,704
    Anne von Rosen
    2407 W Paradise Lane
    Phoenix,AZ85023     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 7,200
    Charles Walcott
    3729 S Fourth St
    Louisville,KY40214     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 1,500
    Thomas Walsh
    2375 Hickory Hill Road
    Oxford,PA19363     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 10,200
    Robert Werner
    21511 SE 67th Place
    Morriston,FL32668     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 9,000
    Danny Wolsey
    702 Kingsmere Crescent SW
    Alberta    
    CA     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 12,000
    Anna York
    10350 N Vancouver Way
    Portland,OR97217     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 2,875
    Jessica York
    3507 Kimberly Dr Apt 4
    Erlanger,KY41018     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 4,700
    David Amiss
    419 Shore Rd
    Oldsmar,FL34677     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 3,900
    Belmont Childcare Association
    2150 Hempstead Turnpike
    Elmont,NY11003     		NONE PC to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 1,000
    Suellen Brewster
    102 Tristan Road
    Louisville,KY40222     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 3,500
    Jose Cardenas
    PO Box 37191
    Elmont,NY11003     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 1,200
    Jose Cazares
    1718 Morningside Drive Apt B
    Shelbyville,IN46176     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 3,225
    Humberto Chavez
    296 Litchfield Avenue
    Elmont,NY11003     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 7,500
    Aida Guerra
    210 NE 146th Drive 126
    Newberry,FL32669     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 101
    Jill Davies
    803 Williston Way
    Williston,SC29853     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 1,000
    Luis Espinosa
    8219 Minor Lane Trlr 44
    Louisville,KY40219     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 3,000
    Douglas Haehen
    3930 Wynnbrook Drive Apt 24
    Florence,KY41042     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 9,000
    Rosalba Hernadez
    422 Heywood Avenue
    Louisville,KY40208     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 1,000
    Marlon St Julien
    9085 E Mineral Circle Suite 350
    Centennial,CO80112     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 3,000
    Jason Lumpkins
    15244 Timber Rock Rd
    Cambridge,OH43725     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 2,400
    Socimo Mejia
    422 Heywood Avenue
    Louisville,KY40208     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 200
    Raymond Lyle
    c/o KYRHWFF 700 Central Avenue
    Louisville,KY40208     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 505
    Paul Nolan
    8357 Beard Road
    Bloomington,MN55431     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 6,750
    David Pace
    8407 Spring Road
    New Bloomfield,PA17068     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 4,320
    Pedro Rodriguez
    48 Keuka Lane
    Manchester,NY14504     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 5,100
    Jeffrey Skerrett
    25021 Aurora Rd Lot 172
    Bedford Heights,OH44146     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 1,500
    Keenan Steward
    3138 N Xanthus Place
    Tulsa,OK74110     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 6,400
    Jose Flores
    1504 Barnswallow Drive
    Bensalem,PA19020     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 4,395
    Anthony Tweedy
    918 Holly Drive
    Jeffersonville,IN47130     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 2,550
    Kelsi Purcell
    18905 Interstate 35 N Lot 79
    Schertz,TX781549504     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 5,000
    Felipe Valdez
    446 E Mauna Loa Ave
    Glendora,CA91740     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 2,100
    Rondolfo Orantes
    10317 W Atlantic Avenue
    Delray Beach,FL33446     		NONE I to provide financial support to individuals in need. This financial assistance is to cover medical, funeral and basic living expenses on a temporary basis for individuals with prolonged illness or permanent disabilities. 5,000
    Total .................................bullet 3a 516,560
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 163,595  
    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 ............     		    18 400,267  
    9 Net income or (loss) from special events:         -3,163
    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).. 0 563,862 -3,163
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    560,699
    (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.)
    9 THE JOCKEY CLUB SAFETY NET FOUNDATION IS PRIMARILY SUPPORTED BY INVESTMENT EARNINGS. ADMISSIONS, SPONSORSHIP, AND DONATION REVENUE WERE INCLUDED DUE TO THE FOUNDATION HOSTING A LUNCHEON IN 2018. THE EVENT RAISED AWARENESS ABOUT THE JOCKEY CLUB SAFETY NET FOUNDATION AND ITS MISSION TO PROVIDE FINANCIAL RELIEF THROUGH GRANT ASSISTANCE TO INDIVIDUALS RELATED TO THE THOROUGHBRED INDUSTRY.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
    Yes
     
    (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
    1b(4) 96,167 THE JOCKEY CLUB REIMB. SALARY & FRINGE BENEFITS
    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
    THE JOCKEY CLUB 501(c)(5) The Jockey Club is the breed registry for thoroughbred horses in the United States, Canada, and Puerto Rico. The organization is dedicated to the improvement of thoroughbred breeding and racing, and it fulfills that mandate by serving many segments of the industry through its subsidiary companies and by providing support to a wide range of industry initiatives. The Jockey Club Safety Net Foundation is a charitable trust which provides, on a confidential basis, financial relief and assistance to needy members of the thoroughbred industry and their families. The Jockey Club Safety Net Foundation reimburses The Jockey Club for the services of its personnel. Also, The Jockey Club provides administrative and accounting services to The Jockey Club Safety Net Foundation. The Jockey Club Safety Net Foundation's operations are located in the New York office of The Jockey Club.
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID: 18007697
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    The Jockey Club Safety Net Foundation
     
    Employer identification number

    13-6124094
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    The Jockey Club Safety Net Foundation
          		Employer identification number
    13-6124094
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    New York Racing Association Inc
     
    PO Box 90
     
    Jamaica, NY11417

    		$ 37,800


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    William H Flowers Jr Foundation
     
    PO Box 6100
     
    Thomasville, GA31758

    		$ 35,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    Juddmonte Farms
     
    3082 Walnut Hill Road
     
    Lexington, KY40515

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    National Philanthropic
     
    165 Township Line Road Suite 1200
     
    Jenkintown, PA19046

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    Mary K Oxley Foundation
     
    1437 South Boulder Suite 770
     
    Tulsa, OK74119

    		$ 20,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    Edith Allen Clark Trust
     
    One Court Square 43rd Fl
     
    Long Island City, NY11120

    		$ 16,803


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    The Jockey Club Safety Net Foundation
          		Employer identification number
    13-6124094
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    CitiCorp Trust
     
    PO Box 600B
     
    Sioux Falls, SD57117

    		$ 15,660


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    Vincent Viola
     
    410 Park Avenue 22nd Floor
     
    New York, NY10022

    		$ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    Adele Dilschneider
     
    9 Apple Tree Lane
     
    St Louis, MO63124

    		$ 7,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
    Helen Alexander
     
    112 E Pecan Street Suite 1025
     
    San Antonio, TX78205

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    11
    Duncker Foundation
     
    475 Park Avenue S Fl 31
     
    New York, NY10016

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    12
    Godolphin
     
    3333 Bowman Mill Road
     
    Lexington, KY40513

    		$ 5,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    The Jockey Club Safety Net Foundation
          		Employer identification number
    13-6124094
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    13
    Kevin Warsh
     
    225 Lafayette Street PH
     
    New York, NY10012

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    The Jockey Club Safety Net Foundation
          		Employer identification number

    13-6124094
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    The Jockey Club Safety Net Foundation
          		Employer identification number

    13-6124094
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID: 18007697
    Software Version: 2018v3.1

    TY 2018 AccountingFeesSchedule
    Name:
    The Jockey Club Safety Net Foundation
    EIN:
    13-6124094
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Professional Fees 18,150     9,075

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    The Jockey Club Safety Net Foundation
    EIN:
    13-6124094
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Corporate Bonds 819,427 819,427

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    The Jockey Club Safety Net Foundation
    EIN:
    13-6124094
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Corporate Stock 7,877,805 7,877,805

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    The Jockey Club Safety Net Foundation
    EIN:
    13-6124094
    Software ID:
    18007697
    Software Version:
    2018v3.1
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

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


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


    0


    TY 2018 LandEtcSchedule2
    Name:
    The Jockey Club Safety Net Foundation
    EIN:
    13-6124094
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    EQUIPMENT 5,211 5,211 0  


    TY 2018 LegalFeesSchedule
    Name:
    The Jockey Club Safety Net Foundation
    EIN:
    13-6124094
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 438     438


    TY 2018 OtherDecreasesSchedule
    Name:
    The Jockey Club Safety Net Foundation
    EIN:
    13-6124094
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Description Amount
    Unrealized Loss 998,667


    TY 2018 OtherExpensesSchedule
    Name:
    The Jockey Club Safety Net Foundation
    EIN:
    13-6124094
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Miscellaneous Expenses 805     805
    Credit Card Fees 1,108     1,108
    Office Supplies 100     100
    Mailing Costs 599     599
    Telephone 1,054     1,054
    Insurance 1,917     1,917


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    The Jockey Club Safety Net Foundation
    EIN:
    13-6124094
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Fees 32,495 32,495    
    Professional Fees - Web Design 5,625     2,813


    TY 2018 SalesOfInventoryList 
    Name:
    The Jockey Club Safety Net Foundation
    EIN:
    13-6124094
    Software ID:
    18007697
    Software Version:
    2018v3.1

    Category Gross Sales Cost of Goods Sold Net (Gross Sales Minus
    Cost of Goods Sold)
    SPECIAL EVENTS 26,611 29,774 -3,163

    TY 2018 TaxesSchedule
    Name:
    The Jockey Club Safety Net Foundation
    EIN:
    13-6124094
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 10,627