-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
LINDEN TRUST FOR CONSERVATION
Number and street (or P.O. box number if mail is not delivered to street address)
156 WEST 56TH STREET NO 1100
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK
,
NY
100193879
A Employer identification number
13-3748063
B
Telephone number (see instructions)
(212) 991-3730
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
23,185,340
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
8,083,974
2
Check
.............
3
Interest on savings and temporary cash investments
19,773
19,773
19,773
4
Dividends and interest from securities
...
393,183
393,183
393,183
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
434,395
b
Gross sales price for all assets on line 6a
2,086,461
7
Capital gain net income (from Part IV, line 2)
...
434,395
8
Net short-term capital gain
.........
24,812
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)
.......
81,118
-50
81,118
12
Total.
Add lines 1 through 11
........
9,012,443
847,301
518,886
13
Compensation of officers, directors, trustees, etc.
544,646
27,232
57,869
486,777
14
Other employee salaries and wages
......
376,583
5,641
24,347
352,236
15
Pension plans, employee benefits
.......
274,829
8,847
23,696
255,253
16a
Legal fees (attach schedule)
.........
10,569
0
0
11,587
b
Accounting fees (attach schedule)
.......
42,258
0
0
19,500
c
Other professional fees (attach schedule)
....
1,007,743
63,562
63,562
968,908
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
8,996
334
334
16,000
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
240,597
9,071
9,071
265,910
21
Travel, conferences, and meetings
.......
68,424
0
0
81,698
22
Printing and publications
..........
20,082
763
763
24,559
23
Other expenses (attach schedule)
.......
65,395
2,554
19,530
52,798
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
2,660,122
118,004
199,172
2,535,226
25
Contributions, gifts, grants paid
.......
6,418,000
5,601,967
26
Total expenses and disbursements.
Add lines 24 and 25
9,078,122
118,004
199,172
8,137,193
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-65,679
b
Net investment income
(if negative, enter -0-)
729,297
c
Adjusted net income
(if negative, enter -0-)
...
319,714
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
156,566
420,318
420,318
2
Savings and temporary cash investments
.........
2,810,883
1,416,965
1,416,965
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
2,783,765
6,058,822
6,058,822
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
3,545
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
35,201
40,882
40,882
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
867,573
1,187,918
1,187,918
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
14,062,771
14,060,435
14,060,435
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
19,379
0
0
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
20,739,683
23,185,340
23,185,340
17
Accounts payable and accrued expenses
..........
201,304
181,489
18
Grants payable
.................
6,453,476
7,145,986
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
)
60,612
53,590
23
Total liabilities
(add lines 17 through 22)
.........
6,715,392
7,381,065
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
11,214,502
9,770,664
25
Net assets with donor restrictions
............
2,809,789
6,033,611
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
29
Total net assets or fund balances
(see instructions)
.....
14,024,291
15,804,275
30
Total liabilities and net assets/fund balances
(see instructions)
.
20,739,683
23,185,340
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return)
...............
1
14,024,291
2
Enter amount from Part I, line 27a
.....................
2
-65,679
3
Other increases not included in line 2 (itemize)
3
1,968,155
4
Add lines 1, 2, and 3
..........................
4
15,926,767
5
Decreases not included in line 2 (itemize)
5
122,492
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
15,804,275
Form
990-PF
(2019)
Form 990-PF (2019)
Page
3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a)
List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a
PUBLICLY TRADED SECURITIES (SHORT-TERM)
b
PUBLICLY TRADED SECURITIES (LONG-TERM)
c
THRU SCHEDULE K-1'S (SHORT-TERM)
P
d
THRU SCHEDULE K-1'S (LONG-TERM)
P
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
121,292
121,121
171
b
1,965,169
1,771,121
194,048
c
24,641
d
215,535
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
171
b
194,048
c
24,641
d
215,535
e
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
434,395
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
...................
3
24,812
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?
Yes
No
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1
Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018
7,838,531
18,418,177
0.425587
2017
6,816,936
19,506,748
0.349466
2016
6,860,391
21,644,819
0.316953
2015
6,953,426
26,120,822
0.266202
2014
5,617,992
27,321,685
0.205624
2
Total
of line 1, column (d)
.....................
2
1.563832
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
0.312766
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
16,238,087
5
Multiply line 4 by line 3
......................
5
5,078,722
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
7,293
7
Add lines 5 and 6
........................
7
5,086,015
8
Enter qualifying distributions from Part XII, line 4
,.............
8
8,137,193
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
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
7,293
here
and enter 1% of Part I, line 27b
...................
c
All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
2
0
3
Add lines 1 and 2
...........................
3
7,293
4
Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
4
0
5
Tax based on investment income.
Subtract line 4 from line 3. If zero or less, enter -0-
.....
5
7,293
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
31,412
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
0
d
Backup withholding erroneously withheld
...........
6d
0
7
Total credits and payments. Add lines 6a through 6d
..............
7
31,412
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
24,119
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
24,119
Refunded
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.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
NY
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
9
Yes
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
N/A
14
The books are in care of
IGOR GOLDENBERG
Telephone no.
(212) 991-3730
Located at
156 WEST 56TH STREET NO 1100
NEW YORK
NY
ZIP+4
100193879
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
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
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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(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)?
...............
Yes
No
(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.)
.......
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
........
c
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2019?
.............
1c
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
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.
20
,
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?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2019.)
..................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
.........
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?
..........
Yes
No
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?
.....................
Yes
No
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?
Yes
No
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?
.................
Yes
No
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
LAWRENCE H LINDEN
TRUSTEE
40.00
0
0
0
156 WEST 56TH ST SUITE 1100
NEW YORK
,
NY
100193879
DANA WECHSLER LINDEN
TRUSTEE
1.00
0
0
0
156 WEST 56TH ST SUITE 1100
NEW YORK
,
NY
100193879
ROGER T ULLMAN
EXECUTIVE DIRECTOR
40.00
544,646
87,664
0
156 WEST 56TH ST SUITE 1100
NEW YORK
,
NY
100193879
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
KAREN A SIMONSON
DIRECTOR OF FINANCE
26.00
112,812
60,647
0
156 W 56TH ST STE 1100
NY
,
NY
100193879
RYAN L PRICE
PROGRAM ASSOCIATE
40.00
124,950
33,734
0
156 W 56TH ST STE 1100
NY
,
NY
100193879
AMY M TOHN
OFFICE ADMINISTRATOR
40.00
97,203
23,979
0
156 W 56TH ST STE 1100
NY
,
NY
100193879
CYBELE-TERES GOUVERNEUR-KELLER
OFFICE ADMINISTRATOR
40.00
41,618
16,438
0
156 W 56TH ST STE 1100
NY
,
NY
100193879
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
SPITFIRE STRATEGIES
STRATEGIC COMMUNICATION
338,523
2300 N STREET NW SUITE 610
WASHINGTON
,
DC
20037
RHODIUM GROUP
US CLIMATE ANALYSIS SERVICES
207,385
5 COLUMBUS CIRCLE SUITE 1801
NEW YORK
,
NY
10019
CASSIDY & ASSOCIATES
NON-LOBBYING SERVICES
95,327
607 14TH STREET SUITE 400
WASHINGTON
,
DC
20005
CORRIDOR PARTNERS
PROGRAM PLANNING
55,000
PO BOX 20332
NEW YORK
,
NY
10001
Total
number of others receiving over $50,000 for professional services
.............
0
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
CLIMATE POLICY INITIATIVES: SEEKS TO (1) ENCOURAGE THE ADOPTION OF AN ECONOMY-WIDE, MARKET-BASED SOLUTION TO ADDRESS THE CHALLENGE OF CLIMATE CHANGE AND ADVANCE A CLEAN-ENERGY ECONOMY, AND (2) GAIN THE INCLUSION OF CARBON DIOXIDE REMOVAL, ONE OF THE MAJOR NECESSARY COMPONENTS OF A GLOBAL CLIMATE SOLUTION, IN U.S. CLIMATE POLICY.
2,359,135
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
.........................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
8
Part X
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
15,442,670
b
Average of monthly cash balances
.......................
1b
1,042,698
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
16,485,368
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets
..................
2
0
3
Subtract line 2 from line 1d
.........................
3
16,485,368
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
247,281
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
16,238,087
6
Minimum investment return.
Enter 5% of line 5
..................
6
811,904
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
4
Recoveries of amounts treated as qualifying distributions
................
4
5
Add lines 3 and 4
............................
5
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
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
8,137,193
b
Program-related investments—total from Part IX-B
..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
b
Cash distribution test (attach the required schedule)
.................
3b
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
8,137,193
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
7,293
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
8,129,900
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
b
Total for prior years:
20
,
20
,
20
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
b
From 2015
......
c
From 2016
......
d
From 2017
......
e
From 2018
......
f
Total
of lines 3a through e
........
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
a
Applied to 2018, but not more than line 2a
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
c
Treated as distributions out of corpus (Election
required—see instructions)
........
d
Applied to 2019 distributable amount
.....
e
Remaining amount distributed out of corpus
5
Excess distributions carryover applied to 2019.
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter 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 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
8
Excess distributions carryover from 2014 not
applied on line 5 or line 7 (see instructions)
...
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
10
Analysis of line 9:
a
Excess from 2015
....
b
Excess from 2016
....
c
Excess from 2017
....
d
Excess from 2018
....
e
Excess from 2019
....
Form
990-PF
(2019)
Form 990-PF (2019)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2019, enter the date of the ruling
.......
2015-03-20
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2019
(b)
2018
(c)
2017
(d)
2016
319,714
430,360
975,337
396,121
2,121,532
b
85% of line 2a
.........
271,757
365,806
829,036
336,703
1,803,302
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
8,137,193
7,858,981
6,852,659
6,863,961
29,712,794
d
Amounts included in line 2c not used directly
for active conduct of exempt activities
..........
5,778,058
5,740,465
5,177,121
3,892,838
20,588,482
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
2,359,135
2,118,516
1,675,538
2,971,123
9,124,312
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
0
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
0
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part X, line 6 for each year listed
...
541,269
613,939
650,225
721,494
2,526,927
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)
....
0
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
0
(3)
Largest amount of support
from an exempt organization
0
(4)
Gross investment income
0
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.)
1
Information Regarding Foundation Managers:
a
List 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).)
LAWRENCE H LINDEN
DANA WECHSLER LINDEN
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(2019)
Form 990-PF (2019)
Page
11
Part XV
Supplementary Information
(continued)
3
Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
ALLIANCE FOR MARKET SOLUTIONS
325 7TH STREET NW SUITE 820
WASHINGTON
,
DC
20004
N/A
PC
GENERAL OPERATING SUPPORT
2,325,000
AMERICAN ASSOCIATION FOR THE ADVANCEMENT OF SCIENCE
1200 NEW YORK AVENUE NW
WASHINGTON
,
DC
20005
N/A
PC
HOW WE RESPOND INITIATIVE
100,000
AMERICAN FLOOD COALITION
1342 FLORIDA AVENUE NW
WASHINGTON
,
DC
20009
N/A
PC
GENERAL OPERATING SUPPORT
50,000
BIPARTISAN POLICY CENTER
1225 EYE STREET NW SUITE 1000
WASHINGTON
,
DC
20005
N/A
PC
CARBON DIOXIDE REMOVAL
300,000
BROOKINGS INSTITUTION
1775 MASSACHUSETTS AVENUE NW
WASHINGTON
,
DC
20036
N/A
PC
CARBON TAX INITIATIVES
12,500
CARBON 180
1111 BROADWAY 3RD FLOOR
OAKLAND
,
CA
94607
N/A
PC
CARBON DIOXIDE REMOVAL
267,667
CENTER FOR AMERICAN PROGRESS
1333 H STREET NW 10TH FLOOR
WASHINGTON
,
DC
20005
N/A
PC
CLIMATE CHANGE PROGRAMS
425,000
CLIMATE LEADERSHIP COUNCIL
C/O WILMER CUTLER PICKERING HALE
AND CAROLINE DOTOLO 60 STATE STREET
BOSTON
,
MA
02109
N/A
PC
CARBON DIVIDENDS INITIATIVE
100,000
CLIMATE MOBILIZATION PROJECT
275 NINTH STREET SUITE 150387
BROOKLYN
,
NY
11215
N/A
PC
GENERAL OPERATING SUPPORT
2,500
COLUMBIA UNIVERSITY
622 W 113TH STREET MC4522
NEW YORK
,
NY
10025
N/A
PC
CENTER ON GLOBAL ENERGY POLICY
25,000
DUKE UNIVERSITY
2138 CAMPUS DRIVE
DURHAM
,
NC
27708
N/A
PC
NICHOLAS INSTITUTE
50,000
ENERGY FUTURES INITIATIVE INC
900 17TH STREET NW SUITE 1100
WASHINGTON
,
DC
20006
N/A
PC
CARBON DIOXIDE REMOVAL
291,300
ENVIRONMENTAL DEFENSE FUND
257 PARK AVENUE S
NEW YORK
,
NY
10010
N/A
PC
CARBON DIOXIDE REMOVAL
83,000
ENVIRONMENTAL DEFENSE FUND
257 PARK AVENUE S
NEW YORK
,
NY
10010
N/A
PC
GENERAL OPERATING SUPPORT
25,000
ENVIRONMENTAL LAW INSTITUTE
1730 M STREET NW SUITE 700
WASHINGTON
,
DC
20036
N/A
PC
JUDICIARY GRANT
125,000
GREAT PLAINS INSTITUTE
2801 21ST AVENUE S SUITE 220
MINNEAPOLIS
,
MN
55407
N/A
PC
CARBON DIOXIDE REMOVAL
150,000
LEAGUE OF CONSERVATION VOTERS EDUCATION FUND
1920 L STREET NW SUITE 800
WASHINGTON
,
DC
20036
N/A
PC
EDUCATION FUND
50,000
MALIASILI INITIATIVES INC
PO BOX 293
UNDERHILL
,
VT
05489
N/A
PC
GENERAL OPERATING SUPPORT
5,000
NATURAL RESOURCES DEFENSE COUNCIL
40 WEST 20TH STREET
NEW YORK
,
NY
10011
N/A
PC
CLIMATE CHANGE
125,000
NATURAL RESOURCES DEFENSE COUNCIL
40 WEST 20TH STREET
NEW YORK
,
NY
10011
N/A
PC
GENERAL OPERATING SUPPORT
25,000
NISKANEN CENTER
1875 CONNECTICUT AVENUE NW 10TH
FLOOR
WASHINGTON
,
DC
20009
N/A
PC
CARBON TAX
100,000
OPEN SPACE INSTITUTE
1350 BROADWAY SUITE 201
NEW YORK
,
NY
10018
N/A
PC
GENERAL OPERATING SUPPORT
10,000
RESOURCES FOR THE FUTURE
1616 P STREET NW
WASHINGTON
,
DC
20036
N/A
PC
GENERAL OPERATING SUPPORT
25,000
RESOURCES FOR THE FUTURE
1616 P STREET NW
WASHINGTON
,
DC
20036
N/A
PC
2022 TRANSITION FUND
50,000
RESOURCES FOR THE FUTURE
1616 P STREET NW
WASHINGTON
,
DC
20036
N/A
PC
SHARP FUND FOR POLICY ENGAGEMENT
50,000
RESOURCES FOR THE FUTURE
1616 P STREET NW
WASHINGTON
,
DC
20036
N/A
PC
CLIMATE POLICY INITIATIVE
200,000
ROCKEFELLER FAMILY FUND
475 RIVERSIDE DRIVE SUITE 900
NEW YORK
,
NY
10115
N/A
PC
GENERAL OPERATING SUPPORT
25,000
STUDENTS FOR CARBON DIVIDENDS
C/O CLIMATE LEADERSHIP CNCL 1250
CONNECTICUT AVENUE SUITE 625
WASHINGTON
,
DC
20036
N/A
PC
CARBON TAX INITIATIVES
50,000
THE NATURE CONSERVANCY
4245 NORTH FAIRFAX DRIVE SUITE 100
ARLINGTON
,
VA
22203
N/A
PC
GENERAL OPERATING SUPPORT
10,000
THIRD WAY INSTITUTE
1025 CONNECTICUT AVENUE NW SUITE
501
WASHINGTON
,
DC
20036
N/A
PC
GENERAL OPERATING SUPPORT
10,000
WILDLIFE CONSERVATION SOCIETY
2300 SOUTHERN BOULEVARD
BRONX
,
NY
10460
N/A
PC
AMERICAN BISON SOCIETY
100,000
WILDLIFE CONSERVATION SOCIETY
2300 SOUTHERN BOULEVARD
BRONX
,
NY
10460
N/A
PC
GENERAL OPERATING SUPPORT
10,000
WORLD RESOURCES INSTITUTE
10 G STREET NE SUITE 800
WASHINGTON
,
DC
20002
N/A
PC
CARBON DIOXIDE REMOVAL
100,000
WORLD RESOURCES INSTITUTE
10 G STREET NE SUITE 800
WASHINGTON
,
DC
20002
N/A
PC
CARBON PRICING
25,000
WORLD RESOURCES INSTITUTE
10 G STREET NE SUITE 800
WASHINGTON
,
DC
20002
N/A
PC
CDR OBJECTIVES AND OPPS
25,000
WORLD RESOURCES INSTITUTE
10 G STREET NE SUITE 800
WASHINGTON
,
DC
20002
N/A
PC
GENERAL OPERATING SUPPORT
25,000
WORLD WILDLIFE FUND
1250 24TH STREET NW PO BOX 97180
WASHINGTON
,
DC
20090
N/A
PC
NORTHERN GREAT PLAINS RESTORATION
150,000
WORLD WILDLIFE FUND
1250 24TH STREET NW PO BOX 97180
WASHINGTON
,
DC
20090
N/A
PC
GENERAL OPERATING SUPPORT
100,000
Total
.................................
3a
5,601,967
b
Approved for future payment
ALLIANCE FOR MARKET SOLUTIONS
325 7TH STREET NW SUITE 820
WASHINGTON
,
DC
20004
N/A
PC
GENERAL OPERATING SUPPORT
6,075,000
BIPARTISAN POLICY CENTER
1225 EYE STREET NW SUITE 1000
WASHINGTON
,
DC
20005
N/A
PC
CARBON DIOXIDE REMOVAL
300,000
CARBON 180
1111 BROADWAY 3RD FLOOR
OAKLAND
,
CA
94607
N/A
PC
CARBON DIOXIDE REMOVAL
150,000
CLIMATE LEADERSHIP COUNCIL
C/O WILMER CUTLER PICKERING HALE
AND CAROLINE DOTOLO 60 STATE ST
BOSTON
,
MA
02109
N/A
PC
CARBON DIVIDENDS INITIATIVE
100,000
ENVIRONMENTAL DEFENSE FUND
257 PARK AVENUE S
NEW YORK
,
NY
10010
N/A
PC
CARBON DIOXIDE REMOVAL
200,000
GREAT PLAINS INSTITUTE
2801 21ST AVENUE S SUITE 220
MINNEAPOLIS
,
MN
55407
N/A
PC
CARBON DIOXIDE REMOVAL
150,000
NATURAL RESOURCES DEFENSE COUNCIL
40 WEST 20TH STREET
NEW YORK
,
NY
10011
N/A
PC
CLIMATE CHANGE
187,500
NISKANEN CENTER
1875 CONNECTICUT AVENUE NW 10TH
FLOOR
WASHINGTON
,
DC
20009
N/A
PC
CARBON TAX
50,000
RESOURCES FOR THE FUTURE
1616 P STREET NW
WASHINGTON
,
DC
20036
N/A
PC
CLIMATE POLICY INITIATIVE
100,000
WORLD RESOURCES INSTITUTE
10 G STREET NE SUITE 800
WASHINGTON
,
DC
20002
N/A
PC
CDR OBJECTIVES AND OPPS
50,000
Total
.................................
3b
7,362,500
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
19,773
4
Dividends and interest from securities
....
14
393,183
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not 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
434,395
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
OTHER INVESTMENT LOSS
14
-50
b
ORGANIZATION ADMINISTRATIVE INCOME
81,168
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
0
847,301
81,168
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
928,469
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
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.)
11C
LINDEN TRUST FOR CONSERVATION (THE "TRUST") HAS ENTERED INTO A SHARED SERVICES AGREEMENT WITH LTC ACTION, INC. (THE ORGANIZATION"), AN IRS RECOGNIZED ORGANIZATION DESCRIBED UNDER IRS CODE SECTION 501(C)(4), GOVERNING THE ALLOCATED COSTS OF THE ORGANIZATION'S USE OF THE TRUST'S PAID STAFF AND FACILITIES. DURING THE YEAR ENDED DECEMBER 31, 2019, THE ORGANIZATION PAID THE TRUST $81,168.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
13
Part XVII
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
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
Yes
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)
33,474
LTC ACTION INC
LINDEN TRUST FOR CONSERVATION (THE "TRUST") HAS ENTERED INTO A SHARED SERVICES AGREEMENT WITH LTC ACTION, INC. (THE ORGANIZATION"), AN IRS RECOGNIZED ORGANIZATION DESCRIBED UNDER IRS CODE SECTION 501(C)(4), GOVERNING THE ALLOCATED COSTS OF THE ORGANIZATION'S USE OF THE TRUST'S PAID STAFF AND FACILITIES. DURING THE YEAR ENDED DECEMBER 31, 2019, THE ORGANIZATION REIMBURSED THE TRUST $33,474 FOR SHARED COSTS.
1c
81,168
LTC ACTION INC
LINDEN TRUST FOR CONSERVATION (THE "TRUST") HAS ENTERED INTO A SHARED SERVICES AGREEMENT WITH LTC ACTION, INC. (THE ORGANIZATION"), AN IRS RECOGNIZED ORGANIZATION DESCRIBED UNDER IRS CODE SECTION 501(C)(4), GOVERNING THE ALLOCATED COSTS OF THE ORGANIZATION'S USE OF THE TRUST'S PAID STAFF AND FACILITIES. DURING THE YEAR ENDED DECEMBER 31, 2019, THE ORGANIZATION PAID THE TRUST $81,168.
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?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
LTC ACTION INC
501(C)(4)
LINDEN TRUST FOR CONSERVATION (THE "TRUST") HAS ENTERED INTO A SHARED SERVICES AGREEMENT WITH LTC ACTION, INC. (THE ORGANIZATION") GOVERNING THE ALLOCATION OF COSTS AND REIMBURSEMENT OF EXPENSES FROM THE ORGANIZATION FOR THE USE OF THE TRUST'S COMPENSATED STAFF, EQUIPMENT AND FACILITIES. THE ORGANIZATION'S BOARD PRESIDENT ALSO SERVES AS A COMPENSATED OFFICER OF THE TRUST, AND THEREFORE COMMON CONTROL IS PRESENT.
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.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description