Form990-PF
Click to see list of attachments

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 RITA AND ALEX HILLMAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)200 PARK AVE SO
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10003
A Employer identification number

13-2560546
B Telephone number (see instructions)

(212) 265-3115
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$117,496,855J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 3,896 3,896  
4 Dividends and interest from securities... 1,984,158 1,984,158  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,027,843
b Gross sales price for all assets on line 6a 37,974,044
7 Capital gain net income (from Part IV, line 2)... 3,027,843
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 35,839 35,839  
12 Total. Add lines 1 through 11........ 5,051,736 5,051,736  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 602,250 68,313   533,937
14 Other employee salaries and wages...... 86,000     86,000
15 Pension plans, employee benefits....... 89,440 2,750   86,690
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 65,000 13,000   52,000
c Other professional fees (attach schedule).... Click to see attachment 874,996 706,305   168,691
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 259,068 48,648   32,180
19 Depreciation (attach schedule) and depletion... Click to see attachment 7,464 7,464  
20 Occupancy.............. 111,249 16,687   94,562
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 160,399 18,685   141,714
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,255,866 881,852   1,195,774
25 Contributions, gifts, grants paid....... 4,660,738 4,660,738
26 Total expenses and disbursements. Add lines 24 and 25 6,916,604 881,852   5,856,512
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,864,868
b Net investment income (if negative, enter -0-) 4,169,884
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 331,250 291,825 291,825
2 Savings and temporary cash investments......... 4,299,290 4,672,540 4,672,540
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 50,830 78,721 78,721
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 13,591,175 14,687,704 15,696,783
c Investments—corporate bonds (attach schedule)....... 12,830,303 12,493,248 12,510,199
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 52,347,598 48,693,598 55,738,942
14 Land, buildings, and equipment: basis bullet3,245
Less: accumulated depreciation (attach schedule) bullet   9,711 Click to see attachment3,245 7,845
15 Other assets (describe bullet) Click to see attachment17,260,900 Click to see attachment17,260,900 Click to see attachment28,500,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 100,721,057 98,181,781 117,496,855
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment97,300 Click to see attachment89,440
23 Total liabilities (add lines 17 through 22)......... 97,300 89,440
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..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 100,623,757 98,092,341
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)..... 100,623,757 98,092,341
31 Total liabilities and net assets/fund balances (see instructions). 100,721,057 98,181,781
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
100,623,757
2
Enter amount from Part I, line 27a .....................
2
-1,864,868
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
98,758,889
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
666,548
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
98,092,341
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 CHARLES SCHWAB - 1100 P 2018-01-01 2018-12-31
b CHARLES SCHWAB - 1100 P 2017-01-01 2018-12-31
c CHARLES SCHWAB - 5542 P 2018-01-01 2018-12-31
d CHARLES SCHWAB - 5542 P 2017-01-01 2018-12-31
e CHARLES SCHWAB - 7408 P 2018-01-01 2018-12-31
CHARLES SCHWAB - 7824 P 2018-01-01 2018-12-31
CHARLES SCHWAB - 7824 P 2017-01-01 2018-12-31
CHARLES SCHWAB - 9718 P 2018-01-01 2018-12-31
CHARLES SCHWAB - 9718 P 2017-01-01 2018-12-31
STATE STREET - 1270 P 2018-01-01 2018-12-31
STATE STREET - 1270 P 2017-01-01 2018-12-31
CAPITAL GAIN DIVIDENDS P 2017-01-01 2018-12-31
MORGAN STANLEY - 012105 P 2018-01-01 2018-12-31
MORGAN STANLEY - 012106 P 2018-01-01 2018-12-31
MORGAN STANLEY - 012107 P 2018-01-01 2018-12-31
MORGAN STANLEY - 016180 P 2018-01-01 2018-12-31
MORGAN STANLEY - 016180 P 2017-01-01 2018-12-31
MORGAN STANLEY - 023508 P 2018-01-01 2018-12-31
MORGAN STANLEY - 023508 P 2017-01-01 2018-12-31
MORGAN STANLEY - 121134 P 2018-01-01 2018-12-31
MORGAN STANLEY - 121134 P 2017-01-01 2018-12-31
MORGAN STANLEY - 131676 P 2018-01-01 2018-12-31
MORGAN STANLEY - 131676 P 2017-01-01 2018-12-31
MORGAN STANLEY - 131681 P 2018-01-01 2018-12-31
MORGAN STANLEY - 131681 P 2017-01-01 2018-12-31
MORGAN STANLEY - 158919 P 2018-01-01 2018-12-31
MORGAN STANLEY - 158919 P 2017-01-01 2018-12-31
MORGAN STANLEY - 115997 P 2018-01-01 2018-12-31
MORGAN STANLEY - 115997 P 2017-01-01 2018-12-31
MORGAN STANLEY - 131672 P 2018-01-01 2018-12-31
MORGAN STANLEY - 131672 P 2017-01-01 2018-12-31
S/T CAP GAINS FROM PS ALT INV P 2018-01-01 2018-12-31
L/T CAP GAINS FROM PS ALT INV P 2017-01-01 2018-12-31
(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 910,011   909,285 726
b 2,839,828   2,708,396 131,432
c 38,351   41,418 -3,067
d 756,830   419,698 337,132
e 133,268   126,642 6,626
7,913   7,259 654
610,148   350,787 259,361
587,206   601,332 -14,126
380,775   379,083 1,692
89,039   89,270 -231
1,311,574   1,312,217 -643
72,544     72,544
1,747,900   1,691,946 55,954
117,784   141,366 -23,582
239,752   281,143 -41,391
3,616,796   3,646,215 -29,419
1,897,103   1,430,465 466,638
1,245,109   1,350,575 -105,466
645,917   623,687 22,230
1,162,702   1,153,024 9,678
2,160,199   1,778,396 381,803
409,173   473,817 -64,644
955,098   958,617 -3,519
6,078,120   6,203,688 -125,568
2,236,687   2,297,301 -60,614
138,469   164,974 -26,505
406,039   302,631 103,408
199,342   240,669 -41,327
441,461   456,766 -15,305
3,048,697   3,157,732 -109,035
1,571,850   1,647,802 -75,952
300,608     300,608
1,617,751     1,617,751
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       726
b       131,432
c       -3,067
d       337,132
e       6,626
      654
      259,361
      -14,126
      1,692
      -231
      -643
      72,544
      55,954
      -23,582
      -41,391
      -29,419
      466,638
      -105,466
      22,230
      9,678
      381,803
      -64,644
      -3,519
      -125,568
      -60,614
      -26,505
      103,408
      -41,327
      -15,305
      -109,035
      -75,952
      300,608
      1,617,751
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 3,027,843
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 -210,115
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 4,678,537 97,462,303 0.04800
2016 2,407,441 91,141,245 0.02641
2015 5,715,996 96,687,185 0.05912
2014 3,973,231 98,477,458 0.04035
2013 2,899,464 97,578,141 0.02971
2
Total of line 1, column (d) .....................
2
0.203597
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
0.040719
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
97,708,236
5
Multiply line 4 by line 3......................
5
3,978,582
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
41,699
7
Add lines 5 and 6........................
7
4,020,281
8
Enter qualifying distributions from Part XII, line 4,.............
8
5,856,512
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 41,699
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 41,699
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 41,699
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 111,918
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 126,918
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 85,219
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet85,219 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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.rahf.org
    14
    The books are in care ofbulletLINDA LE Telephone no.bullet (212) 265-3115

    Located atbullet200 PARK AVENUE SO SUITE 1705NEW YORKNY ZIP+4bullet10003
    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
     
    No
    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
     
    No
    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
     
    No
    .........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
     
    No
    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
    LIZANNE FONTAINE Director
    1.00     		0    
    91 COLUMBIA HEIGHTS
    BROOKLYN,NY11201
    KRISTEN CHOI Director
    1.00     		0    
    11616 CHENAULT STREET 1
    LOS ANGELES,CA90049
    AHRIN MISHAN VP/Sec/Ex Dir
    40.00     		376,250 55,000  
    200 PARK AVENUE SO STE1705
    NEW YORK,NY10003
    DAVID GOULD Director
    1.00     		0    
    496 EAST 17TH STREET
    BROOKLYN,NY11226
    DORI JAFFE ASST TREAS
    20.00     		66,000    
    200 PARK AVENUE SO STE 1705
    NEW YORK,NY10003
    PAUL GARFINKLE Director
    1.00     		0    
    2001 SO E SAILFISH PT BLVD
    STUART,FL34996
    LINDA LE ASST SEC/VP OPS
    40.00     		160,000 22,400  
    200 PARK AVENUE SO STE 1705
    NEW YORK,NY10003
    RAYMOND J MCGUIRE Director
    1.00     		0    
    388 GREENWICH ST - 39 FLOOR
    NEW YORK,NY10013
    ADAM E MAX President/Treas
    1.00     		0    
    200 PARK AVENUE SO STE1705
    NEW YORK,NY10003
    DR JENNIFER MIERES Director
    1.00     		0    
    1725 YORK AVE
    NEW YORK,NY10128
    MEGAN MONAHAN Director
    1.00     		0    
    1201 HUDSON ST
    HOBOKEN,NJ07030
    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
    RACHAEL A WATMAN VP PROGRAMS
    40.00     		86,000 12,040  
    3170 DUKE ROAD
    POWHATAN,VA23139
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    DAVIS WARD & HOCHMAN LLP AUDIT AND TAX ACCTNG 65,000
    150 E 58 STREET
    NEW YORK,NY10155
    MORGAN STANLEY INVESTMENT ADVISORY 254,516
    399 PARK AVE
    NEW YORK,NY10022
    OFFIT CAPITAL ADVISERS INVESTMENT ADVISORY 345,523
    485 LEXINGTON AVENUE
    NE YORK,NY10017
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 N/A 0
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    98,433,858
    b
    Average of monthly cash balances.......................
    1b
    680,355
    c
    Fair market value of all other assets (see instructions)................
    1c
    81,966
    d
    Total (add lines 1a, b, and c).........................
    1d
    99,196,179
    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
    99,196,179
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,487,943
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    97,708,236
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,885,412
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    4,885,412
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    41,699
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    41,699
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,843,713
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,843,713
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    4,843,713
    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
    5,856,512
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    5,856,512
    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
    41,699
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    5,814,813
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 4,843,713
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1,234,258
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 5,856,512
    a Applied to 2017, but not more than line 2a 1,234,258
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 4,622,254
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		221,459
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BROOKLYN ACADEMY OF MUSIC
    30 LAFAYETTE AVE
    BROOKLYN,NY11217     		NONE PC ADVANCE VISUAL ARTS 389,000
    INTERNATIONAL CENTER FOR PHOTOGRAPH
    1114 AVENUE OF AMERICAS
    NEW YORK,NY10036     		NONE PC SUPPORT ART OF PHOTOGRAPHY 183,700
    UNIVERSITY OF PENN SCHOOL OF NURSIN
    418 CURIE BLVD ROOM 430
    PHILADELPHIA,PA19104     		NONE PC SUPPORT NURSING EDUCATION 436,976
    METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVENUE
    NEW YORK,NY10028     		NONE PC SUPPORT VISUAL ARTS 10,000
    AMERICAN ACADEMY OF NURSING
    1000 NW VERMONT AVE SUITE 910
    WASHINGTON,DC20005     		NONE PC SUPPORT NURSING EDUCATION 10,000
    UNIVERSITY OF PENNSYLVANIA
    418 CURIE BLVD
    PHILADELPHIA,PA19104     		NONE PC SUPPORT NURSING EDUCATION 50,000
    AMERICAN NURSES FOUNDATION
    8515 GEORGIA AVENUE
    SIVER SPRING,MD20910     		NONE PC SUPPORT NURSING EDUCATION 72,500
    UNC CHAPEL HILL
    250 E FRANKLIN ST
    CHAPEL HILL,NC27516     		NONE PC SUPPORT NURSING EDUCATION 640,427
    NY INTL CHILDREN'S FILM FESTIVAL
    225 BROADWAY
    NEW YORK,NY10007     		NONE PC SUPPORT VISUAL ARTS 2,000
    NLN FOUNDATION
    2600 VIRGINIA AVE NW 8TH FL
    WASHINGTON,DC20037     		NONE PC SUPPORT NURSING EDUCATION 10,000
    THE SPENCE SCHOOL
    22 E 91 STREET
    NEW YORK,NY10128     		NONE PC SUPPORT CHILDREN'S EDUCATION 20,000
    NATONAL NURSING CENTERS CONSORTIUM
    1500 MARKET ST
    PHILADELPHIA,PA19102     		NONE PC SUPPORT NURSING EDUCATION 200,000
    ACADEMY HEALTH
    1150 17 STREE NW
    WASHINGTON,DC20036     		NONE PC SUPPORT NURSING RESEARCH 500
    THE BROOKLYN HOSPITAL FDN
    121 DEKALB AVENUE
    BROOKLYN,NY11201     		NONE PC SUPPORT HEALTH CARE 10,000
    MARTIN MEMORIAL FDN INC
    2135 SE OCEAN BLVD
    STUART,FL34996     		NONE PC SUPPORT NURSING EDUCATION 10,000
    REGENTS UNIVERSITY OF CALIFORNIA
    2450 48TH STREET
    SACRAMENTO,CA95817     		NONE PC HEALTH OF VULNERABLE POPULATON 204,432
    FOUR SEASONS COMPASSION FOR LIFE
    571 S ALLEN ROAD
    FLAT ROCK,NC28731     		NONE PC HEALTH OF VULNERABLE POPULATION 192,220
    TRUSTEES OF THE UNIVERSITY OF PENN
    3451 WALNUT ST P221 FRANKLIN BLDG
    PHILADELPHIA,PA19104     		NONE PC SUPPORT NURSING EDUCATION 5,000
    UNIVERSITY OF KENTUCKY
    172 FUNKHOUSER DR KINKEAD HALL 207
    LEXINGTON,KY40508     		NONE PC HEALTH OF VULNERABLE POPULATION 201,211
    JOHNS HOPKINS UNIVERSITY
    525 N WOLFE STREET PINKARD 336
    BALTIMORE,MD21205     		NONE PC SUPPORT NURSING RESEARCH 200,000
    NATIONAL PROGRAM OFFICE UNIV OF PEN
    418 CURIE BLVD
    PHILADELPHIA,PA19104     		NONE PC SUPPORT NURSING EDUCATION 123,366
    DUKE UNIVERSITY
    2200 WEST MAIN STREET SUITE 900
    DURHAM,NC27705     		NONE PC SUPPORT NURSING RESEARCH 50,000
    FJC
    520 8TH AVENUE 20TH FLOOR
    NEW YORK,NY10018     		NONE PC HEALTH OF VULNERABLE POPULATION 10,000
    HOFSTRA UNIVERSITY
    500 HOFSTRA UNIVERSITY
    HEMPSTEAD,NY11549     		NONE PC SUPPORT PERFORMING ARTS 5,000
    NEW YORKERS FOR CHILDREN
    450 SEVENTH AVENUE SUITE 403
    NEW YORK,NY10123     		NONE PC SUPPORT NEEDY POPULATION 5,000
    JOHNS HOPKINS UNIVERSITY CAPABLE
    525 North Wolfe Street 424
    BALTIMORE,MD21205     		NONE PC HEALTH OFVULNERABLEPOPULATON 844,158
    HENRY FORD HEALTH SYSTEM
    1 Ford Place 5A
    DETROIT,MI48202     		NONE PC HEALTH OFVULNERABLEPOPULATION 199,998
    FLORIDA STATE UNIVERSITY
    2010 Levy Avenue
    Tallahassee,FL32310     		NONE PC EDUCATION 150,000
    OHIO STATE UNIVERSITY
    1585 Neil Avenue
    Columbus,OH43210     		NONE PC EDUCATION 100,000
    JOHNS HOPKINS UNIVERSITY HEI
    525 N Wolfe Street
    Baltimore,MD21205     		NONE PC SUPPORT NURSINGEDUCATION 50,000
    UNIVERSITY OF MINNESOTA
    410 Church St SE
    Minneapolis,MN55455     		NONE PC SUPPORT OF HEALTH EDUCATION 50,000
    UNIVERSITY OF UTAH
    75 South 2000 East
    Salt Lake City,UT84112     		NONE PC EDUCATION 50,000
    UNIVERSITY OF VIRGINIA
    PO Box 800782 McLeod Hall
    Charlottesville,VA22908     		NONE PC SUPPORT OF HEALTH EDUCATION 50,000
    UNIVERSITY OF ARKANSAS
    4301 West Markham St 748
    Little Rock,AR72205     		NONE PC SUPPORT HEALTHCARE & EDUCATION 25,000
    GRANTMAKERS IN AGING
    2001 Jefferson Davis Hwy STE 1011
    ARLINGTON,VA22202     		NONE PC HEALTH OFVULNERABLEPOPULATION 10,000
    HOSPICE AND PALLIATIVE NURSES FOUND
    One Penn Center West Suite 425
    Pittsburgh,PA15276     		NONE PC SUPPORT NURSINGEDUCATION 10,000
    BROOKLYN MUSEUM
    200 Eastern Parkway
    Brooklyn,NY11238     		NONE PC EDUCATION & ARTS 30,000
    PS ARTS
    6701 Center Drive W Suite 550
    Los Angeles,CA90045     		NONE PC SUPPORT OF ART EDUCATION 10,000
    DREAM YARD PROJECT INC
    1085 Washington Ave GROUND FLOOR
    Bronx,NY10456     		NONE PC SUPPORT CHILDREN'S ART EDUCATION 10,000
    ARTS EAST NEW YORK INC
    534 Livonia Avenue
    Brooklyn,NY11205     		NONE PC SUPPORT OF ART EDUCATION 10,000
    IFP FISCAL SPONSORSHIP
    30 John Street
    BROOKLYN,NY11201     		NONE PC SUPPORT OF FILMMAKING PROJECTS 10,000
    PUBLIC HEALTH SOLUTIONS
    40 Worth Street 5th Floor
    NEW YORK,NY10013     		NONE PC HEALTH OFVULNERABLEPOPULATION 3,000
    UNITED HOSPITAL FUND
    1411 Broadway 12th Floor
    NEW YORK,NY10018     		NONE PC HEALTH OFVULNERABLEPOPULATON 3,000
    PRIMARY CARE DEVELOPMENT CORPORATIO
    45 Broadway Suite 530
    NEW YORK,NY10006     		NONE PC SUPPORT NEEDYPOPULATION 2,000
    CENTER FOR URBAN COMMUNITY SERVICES
    198 E 121st Street
    NEW YORK,NY10035     		NONE PC SUPPORT NEEDYPOPULATION 2,000
    MEMORIAL SLOAN KETTERING CANCER CEN
    1275 York Avenue
    NEW YORK,NY10065     		NONE PC SUPPORT HEALTH RESEARCH 250
    Total .................................bullet 3a 4,660,738
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 3,896  
    4 Dividends and interest from securities....     14 1,984,158  
    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.....     14 35,839  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 3,027,843  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIP INCOME     		         
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   5,051,736  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,051,736
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


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


    Software ID: 18007218
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    THE RITA AND ALEX HILLMAN FOUNDATION
    EIN:
    13-2560546
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT AND TAX COMPLIANCE 65,000 13,000 0 52,000

    TY 2018 GeneralExplanationAttachment
    Name:
    THE RITA AND ALEX HILLMAN FOUNDATION
    EIN:
    13-2560546
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Identifier Return Reference Explanation
      General Explanation Supplemental Information for Form 990-PF STATEMENT ATAXPAYER HAS EXTENSIVE HOLDINGS OF EQUITY AND FIXED INCOME SECURITIES AND HAS REALIZED CAPITAL GAINS AND LOSSES FROM NUMEROUS SECURITY TRANSACTIONS, DISPOSITION OF INVESTMENT PARTNERSHIPS AND PASS THROUGH FROM INVESTMENT PARTNERSHIPS. THE HOLDINGS AND TRANSACTIONS ARE AVAILABLE FROM BOOKS AND RECORDS MAINTAINED BY THE TAXPAYER.SCHEDULE OF INVESTMENTSHOLDINGS ARE HELD IN CUSTODY ACCOUNTS AND ARE MANAGED BY LICENSED INVESTMENT ADVISORS AS FOLLOWS (FAIR MARKET VALUE): SECURITY OFFIT CAP ADVISERS POLK-MORGAN STANLEY TOTAL EQUITIES 5,756,769 9,940,014 15,696,783 BONDS 7,476,575 5,033,624 12,510,199 OTHER EXCHANGE TRADED FUNDS 1,373,374 9,626,996 MUTUAL FUNDS 15,306,551 4,757,964 ALTERNATIVE INVESTMENTS 14,168,462 10,505,595 30,848,387 24,890,555 55,738,942 MISCELLANEOUS ADJUST. 35,257 TOTAL OTHER 55,774,199
      General Explanation Supplemental Information for Form 990-PF STATEMENT BTHE FOUNDATION IS REPORTING $33,744 UNRELATED BUSINESS INCOME IN FORM 990T FOR THE CURRENT YEAR. THIS INCOME ALL ORIGINATES FROM K-1 FORMS PROVIDED BY INVESTMENT PARTNERSHIPS. THE K-1 FORMS DO NOT INCLUDE ANY INFORMATION ABOUT THE SOURCE OF THE INCOME AND ACCORDINGLY THERE ARE NO DOLLAR AMOUNTS INCLUDED ON THIS SCHEDULE.
      General Explanation Supplemental Information for Form 990-PF STATEMENT CINSURANCE EXPENSE INCLUDES PREMIUMS PAID FOR EMPLOYEE MEDICAL, FIRE AND THEFT AND LIABILITY COVERAGE.

    TY 2018 LandEtcSchedule2
    Name:
    THE RITA AND ALEX HILLMAN FOUNDATION
    EIN:
    13-2560546
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 3,245   3,245 7,845


    TY 2018 OtherAssetsSchedule
    Name:
    THE RITA AND ALEX HILLMAN FOUNDATION
    EIN:
    13-2560546
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ARTWORK EXHIBITED 17,260,900 17,260,900 28,500,000


    TY 2018 OtherDecreasesSchedule
    Name:
    THE RITA AND ALEX HILLMAN FOUNDATION
    EIN:
    13-2560546
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Amount
    ADJUSTMENTS NOT REFLECTED IN PARTNERSHIP COST BASIS 666,548


    TY 2018 OtherExpensesSchedule
    Name:
    THE RITA AND ALEX HILLMAN FOUNDATION
    EIN:
    13-2560546
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE EXPENSE 36,629 5,494   31,135
    INSURANCE (NOTE C) 120,426 12,689   107,737
    OFFICE EXPENSE 3,344 502   2,842


    TY 2018 OtherIncomeSchedule2
    Name:
    THE RITA AND ALEX HILLMAN FOUNDATION
    EIN:
    13-2560546
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 35,839    


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE RITA AND ALEX HILLMAN FOUNDATION
    EIN:
    13-2560546
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Beginning of Year - Book Value End of Year - Book Value
    RETIREMENT PLAN OBLIGATION 97,300 89,440


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE RITA AND ALEX HILLMAN FOUNDATION
    EIN:
    13-2560546
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES-NURSING SERVICES 138,691 0 0 138,691
    CURATORIAL SERVICES 30,000 0 0 30,000
    INVESTMENT ADVISORY FEES 706,305 706,305 0 0


    TY 2018 TaxesSchedule
    Name:
    THE RITA AND ALEX HILLMAN FOUNDATION
    EIN:
    13-2560546
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 178,240      
    FOREIGN TAX WITHHELD 45,102 45,102    
    PAYROLL TAXES 35,726 3,546   32,180