-
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
VAN BEUREN CHARITABLE FOUNDATION INC
C/O BRANDYWINE GROUP ADV (PTS) INC
Number and street (or P.O. box number if mail is not delivered to street address)
501 MADISON AVE 17TH FL
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK
,
NY
10022
A Employer identification number
22-2773769
B
Telephone number (see instructions)
(212) 319-2700
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)
$
287,897,557
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)
14,100,437
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
4,549,973
4,549,057
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
12,161,356
b
Gross sales price for all assets on line 6a
12,627,798
7
Capital gain net income (from Part IV, line 2)
...
12,161,356
8
Net short-term capital gain
.........
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
12
Total.
Add lines 1 through 11
........
30,811,766
16,710,413
13
Compensation of officers, directors, trustees, etc.
330,309
0
330,309
14
Other employee salaries and wages
......
108,246
0
108,246
15
Pension plans, employee benefits
.......
145,931
0
145,931
16a
Legal fees (attach schedule)
.........
1,487
981
506
b
Accounting fees (attach schedule)
.......
56,343
56,343
0
c
Other professional fees (attach schedule)
....
1,915,883
1,915,883
0
17
Interest
...............
231,733
231,733
0
18
Taxes (attach schedule) (see instructions)
...
116,379
0
27,883
19
Depreciation (attach schedule) and depletion
...
45,390
45,390
20
Occupancy
..............
96,226
0
96,226
21
Travel, conferences, and meetings
.......
20,478
0
20,478
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
524,130
952
482,014
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
3,592,535
2,251,282
1,211,593
25
Contributions, gifts, grants paid
.......
8,978,563
8,978,563
26
Total expenses and disbursements.
Add lines 24 and 25
12,571,098
2,251,282
10,190,156
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
18,240,668
b
Net investment income
(if negative, enter -0-)
14,459,131
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
1
5
5
2
Savings and temporary cash investments
.........
1,961,357
4,157,991
4,157,991
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
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)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
82,464,534
110,999,118
110,999,118
c
Investments—corporate bonds (attach schedule)
.......
12,276,555
11,514,128
11,514,128
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
146,297,968
159,763,391
159,763,391
14
Land, buildings, and equipment: basis
1,299,102
Less: accumulated depreciation (attach schedule)
89,465
36,658
1,209,637
1,209,637
15
Other assets (describe
)
321,723
253,287
253,287
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
243,358,796
287,897,557
287,897,557
17
Accounts payable and accrued expenses
..........
63,973
84,315
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
)
23
Total liabilities
(add lines 17 through 22)
.........
63,973
84,315
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
205,167,926
262,613,000
25
Net assets with donor restrictions
............
38,126,897
25,200,242
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)
.....
243,294,823
287,813,242
30
Total liabilities and net assets/fund balances
(see instructions)
.
243,358,796
287,897,557
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
243,294,823
2
Enter amount from Part I, line 27a
.....................
2
18,240,668
3
Other increases not included in line 2 (itemize)
3
39,204,406
4
Add lines 1, 2, and 3
..........................
4
300,739,897
5
Decreases not included in line 2 (itemize)
5
12,926,655
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
287,813,242
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
THRU PARTNERSHIPS
P
2019-01-01
2019-06-15
b
THRU PARTNERSHIPS
P
2017-01-01
2019-06-15
c
REALIZED GAINS & LOSSES
P
2019-01-01
2019-06-15
d
REALIZED GAINS & LOSSES
P
2017-01-01
2019-06-15
e
SEC LIT/WASH SALES/ADJUSTMENTS
P
2017-01-01
2019-06-15
OTHER LOSS THRU PARTNERSHIPS
P
(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
225,520
-225,520
b
4,257,427
4,257,427
c
257,690
257,690
d
7,888,197
7,888,197
e
224,484
224,484
240,922
-240,922
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
-225,520
b
4,257,427
c
257,690
d
7,888,197
e
224,484
-240,922
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
12,161,356
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
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
7,313,951
211,220,723
0.034627
2017
11,389,682
188,659,081
0.060372
2016
7,625,835
162,894,860
0.046814
2015
7,269,077
157,272,930
0.046220
2014
6,868,893
151,093,610
0.045461
2
Total
of line 1, column (d)
.....................
2
0.233494
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
0.046699
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
237,054,896
5
Multiply line 4 by line 3
......................
5
11,070,227
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
144,591
7
Add lines 5 and 6
........................
7
11,214,818
8
Enter qualifying distributions from Part XII, line 4
,.............
8
11,437,497
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
144,591
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
144,591
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
144,591
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
203,123
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
203,123
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
58,532
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
58,532
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)
RI
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
N/A
14
The books are in care of
BRANDYWINE TRUST COMPANY
Telephone no.
(718) 317-6857
Located at
7234 LANCASTER PIKE SUITE 300A
HOCKESSIN
DE
ZIP+4
19707
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
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
ARCHBOLD D VAN BEUREN
CHAIRMAN
0.00
0
0
0
C/O VAN BEUREN CHARITABLE FDN 449
THAMES ST UNIT 112
NEWPORT
,
RI
028403283
ANDREA VAN BEUREN
VICE CHAIRMAN
0.00
0
0
0
C/O VAN BEUREN CHARITABLE FDN 449
THAMES ST UNIT 112
NEWPORT
,
RI
028403283
STEPHEN L GLASCOCK
TREASURER
0.00
0
0
0
C/O VAN BEUREN CHARITABLE FDN 449
THAMES ST UNIT 112
NEWPORT
,
RI
028403283
HOPE HILL VAN BEUREN
BOARD MEMBER
0.00
0
0
0
C/O VAN BEUREN CHARITABLE FDN 449
THAMES ST UNIT 112
NEWPORT
,
RI
028403283
BARBARA VAN BEUREN
BOARD MEMBER
0.00
0
0
0
C/O VAN BEUREN CHARITABLE FDN 449
THAMES ST UNIT 112
NEWPORT
,
RI
028403283
HELENE B VAN BEUREN
BOARD MEMBER
0.00
0
0
0
C/O VAN BEUREN CHARITABLE FDN 449
THAMES ST UNIT 112
NEWPORT
,
RI
028403283
ROGER KASS
SECRETARY
0.00
0
0
0
C/O VAN BEUREN CHARITABLE FDN 449
THAMES ST UNIT 112
NEWPORT
,
RI
028403283
ELIZABETH R LYNN
PRESIDENT & ASSISTANT TREA
40.00
248,424
63,072
0
C/O VAN BEUREN CHARITABLE FDN 449
THAMES ST UNIT 112
NEWPORT
,
RI
028403283
KIM L DAME
ASSISTANT SECRETARY
40.00
81,885
39,046
0
C/O VAN BEUREN CHARITABLE FDN 449
THAMES ST UNIT 112
NEWPORT
,
RI
028403283
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
THOMAS BRENDLER
NONE
40.00
67,773
21,276
0
C/O VAN BEUREN CHARITABLE FDN
NEWPORT
,
RI
028403283
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
NONE
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
THE SUSTAINABILITY INITIATIVE - FUND DEVELOPMENT AND SUSTAINABLE PRACTICES- PROVIDING COHORT-BASED ASSESSMENTS, TRAININGS, FUND DEVELOPMENT PLANS AND PEER LEARNING, LEADERSHIP LECTURE SERIES.
85,784
2
LEADING TO BETTER DESIGN - WORKSHOP/TRAINING TO STRENGTHEN PLANNING FOR CAPITAL PROJECTS AND DEVELOPMENT OF AN ASSESSMENT TOOL FOR CAPITAL PROJECT READINESS
127,779
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
232,798,211
b
Average of monthly cash balances
.......................
1b
6,744,779
c
Fair market value of all other assets (see instructions)
................
1c
1,121,879
d
Total
(add lines 1a, b, and c)
.........................
1d
240,664,869
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
240,664,869
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
3,609,973
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
237,054,896
6
Minimum investment return.
Enter 5% of line 5
..................
6
11,852,745
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
11,852,745
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
144,591
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
144,591
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
11,708,154
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
11,708,154
6
Deduction from distributable amount (see instructions)
.................
6
0
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
11,708,154
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
10,190,156
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
1,247,341
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
11,437,497
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
144,591
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
11,292,906
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
11,708,154
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
4,016,023
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
b
From 2015
......
c
From 2016
......
d
From 2017
......
e
From 2018
......
f
Total
of lines 3a through e
........
0
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
11,437,497
a
Applied to 2018, but not more than line 2a
4,016,023
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
0
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2019 distributable amount
.....
7,421,474
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2019.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
0
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
0
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
0
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
4,286,680
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
0
8
Excess distributions carryover from 2014 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
0
10
Analysis of line 9:
a
Excess from 2015
....
b
Excess from 2016
....
c
Excess from 2017
....
d
Excess from 2018
....
e
Excess from 2019
....
Form
990-PF
(2019)
Form 990-PF (2019)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2019, enter the date of the ruling
.......
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
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.)
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).)
HOPE HILL VAN BEUREN
BARBARA VAN BEUREN
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
AQUIDNECK LAND TRUST
790 AQUIDNECK AVENUE
MIDDLETOWN
,
RI
02842
NONE
PUBLIC CHARITY
NEWPORT OPEN SPACE PARTNERSHIP
73,250
564 PARK AVENUE PRESERVATION FOUNDATION
564 PARK AVENUE
NEW YORK
,
NY
10065
NONE
PUBLIC CHARITY
PHASE V: RESTORATION
5,000
ACADEMY IN MANAYUNK INC
1200 RIVER ROAD
CONSHOCHOCKEN
,
PA
19428
NONE
PUBLIC CHARITY
ANNUAL FUND AND GENERAL SUPPORT
35,000
ALL SAINTS ACADEMY
915 WEST MAIN STREET
MIDDLETOWN
,
RI
02842
NONE
PUBLIC CHARITY
PERSONALIZING EDUCATION FOR THE 21ST CENTURY LEARNER
86,060
ART 21 INC
231 WEST 29TH
NEW YORK
,
NY
10001
NONE
PUBLIC CHARITY
ANNUAL FUND
5,000
AQUIDNECK ISLAND PLANNING COMMISSION
55 JOHN CLARKE ROAD
MIDDLETOWN
,
RI
02842
NONE
PUBLIC CHARITY
GENERAL OPERATING SUPPORT
42,000
AQUIDNECK LAND TRUST
790 AQUIDNECK AVENUE
MIDDLETOWN
,
RI
02842
NONE
PUBLIC CHARITY
RENEWED OPERATING SUPPORT
50,000
AQUIDNECK LAND TRUST
790 AQUIDNECK AVENUE
MIDDLETOWN
,
RI
02842
NONE
PUBLIC CHARITY
UNRESTRICTED
5,000
ATLANTIC THEATRE COMPANY
336 W 20TH ST
NEW YORK
,
NY
10011
NONE
PUBLIC CHARITY
CAPITAL CAMPAIGN
150,000
ATLANTIC THEATRE COMPANY
336 W 20TH ST
NEW YORK
,
NY
10011
NONE
PUBLIC CHARITY
UNRESTRICTED
15,000
BARNES FOUNDATION
2025 BENJAMIN FRANKLIN PKWY
PHILADELPHIA
,
PA
19130
NONE
PUBLIC CHARITY
2019 EXHIBITION FUND
25,000
BRANDYWINE CONSERVANCY
PO BOX 141
CHADDS FORD
,
PA
19317
NONE
PUBLIC CHARITY
ANNUAL FUND
2,500
BIKE NEWPORT
62 BROADWAY
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
CAPACITY SUPPORT
1,940
BLITHEWOLD
101 FERRY ROAD
BRISTOL
,
RI
02809
NONE
PUBLIC CHARITY
UNRESTRICTED
5,000
BOCA GRANDE HEALTH CLINIC
PO BOX 2340
BOCA GRANDE
,
FL
33921
NONE
PUBLIC CHARITY
ANNUAL FUND
25,000
BOCA GRANDE WOMANS CLUB
PO BOX 65
BOCA GRANDE
,
FL
33921
NONE
PUBLIC CHARITY
COLLEGE SCHOLARSHIP FUND
5,000
BOY SCOUTS OF AMERICA
PO BOX 14777
EAST PROVIDENCE
,
RI
02914
NONE
PUBLIC CHARITY
TO SUPPORT SCOUTING PROGRAMS
3,000
BOYS CLUBS & GIRLS CLUBS OF NEWPORT COUNTY
95 CHURCH STREET
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
READING REAPS REWARDS
23,400
BOYS CLUBS & GIRLS CLUBS OF NEWPORT COUNTY
95 CHURCH STREET
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
ACADEMIC PROGRAMSEDUCATION
35,000
BROOKLYN RAIL INC
253 36TH ST
BROOKLYN
,
NY
11232
NONE
PUBLIC CHARITY
UNRESTRICTED
5,000
BROOKS SCHOOL
1160 GREAT POND ROAD
NORTH ANDOVER
,
MA
01845
NONE
PUBLIC CHARITY
ANNUAL FUND
17,500
BROWN UNIVERSTIY
164 ANGELL STREET
PROVIDENCE
,
RI
02912
NONE
PUBLIC CHARITY
COLLEGE ADVISING EDUCATION-ROGERS HS
-240
CARY INSTITUTE
2801 SHARON TPKE
MILLBROOK
,
NY
12545
NONE
PUBLIC CHARITY
ANNUAL FUND
2,500
C THOMAS CLAGETT JR MEMORIAL CLINIC & REGATTA INC
231 INDIAN AVENUE
PORTSMOUTH
,
RI
02871
NONE
PUBLIC CHARITY
UNRESTRICTED
2,500
CENTRAL PARK CONSERVANCY
14 EAST 60TH STREET
NEW YORK
,
NY
10022
NONE
PUBLIC CHARITY
2019 SUMMER MATCHING GIFT
7,500
CHILD AND FAMILY SERVICES OF NEWPORT
31 JOHN CLARKE ROAD
MIDDLETOWN
,
NY
02842
NONE
PUBLIC CHARITY
HOME BASED SENIOR BEHAVORIAL HEALTH COUNSELING
75,000
CODAC INC
93 THAMES ST
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
ELECTRONIC MEDICAL RECORD SYSTEM
210,840
COLUMBIA UNIVERSITY BUSINESS SCHOOL
33 WEST 60TH STRWWT
NEW YORK
,
NY
10023
NONE
PUBLIC CHARITY
ANNUAL FUND
12,500
COLLEGE UNBOUND
325 PUBLIC ST
PRIVIDENCE
,
RI
02905
NONE
PUBLIC CHARITY
AQUIDNECK ISLAND COHORT BA COMPLETION
48,000
ALLEN-CHASE FOUNDATION
PO BOX 7646
DEERFIELD
,
MA
01342
NONE
PUBLIC CHARITY
ANNUAL FUND
10,000
COUNCIL ON FOUNDATIONS
2121 CRYSTAL DRIVE SUITE 700
ARLINGTON
,
VA
22202
NONE
PUBLIC CHARITY
UNRESTRICTED
1,000
DUTCHESS LAND CONSERVANCY
PO BOX 138
MILLBROOK
,
NY
12545
NONE
PUBLIC CHARITY
UNRESTRICTED
10,000
EAST BAY COMMUNITY ACTION PROGRAM
19 BROADWAY
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
RENEWED SUPPORT FOR BABY STEPS
10,000
ECORI INC
10 DAVOL SQUARE
PROVIDENCE
,
RI
02903
NONE
PUBLIC CHARITY
AQUIDNECK ISLAND
30,000
EMMA PENDLETON BRADLEY HOSPITAL
1011 VETERANS MEMORIAL PARKWAY
EAST PROVIDENCE
,
RI
02915
NONE
PUBLIC CHARITY
TRANSPORTING NEWPORT CHILD & ADOLESCENT
87,369
FABNEWPORT
1 YORK STREET
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
NEWPORT EXPERIENCE OUT OF SCHOOL PROGRAM
35,000
FOOD FOR THE POOR INC
6401 LYONS ROAD
COCONUT CREEK
,
FL
33073
NONE
PUBLIC CHARITY
ANNUAL FUND
2,000
FRIENDS OF BOCA GRANDE COMMUNITY CENTER
PO BOX 1222
BOCA GRANDE
,
FL
33921
NONE
PUBLIC CHARITY
ANNUAL FUND
10,000
FRIENDS OF UPPER EAST SIDE HISTORIC DISTRICT INC
20 EAST 69TH STREET 4B
NEW YORK
,
NY
10021
NONE
PUBLIC CHARITY
ANNUAL FUND
2,500
FRIENDS SEMINARY
222 E 16TH ST
NEW YORK
,
NY
10003
NONE
PUBLIC CHARITY
LIGHT THE FUTURE CAMPAIGN
5,000
FUNDERS NETWORK FOR SMART GROWTH AND LIVABLE COMMUNITIES
1500 SAN REMO AVENUE SUITE 249
CORAL GABLES
,
FL
33146
NONE
PUBLIC CHARITY
NEW ENGLAND FUNDERS' GROUP
9,010
GARDEN CONSERVANCY
PO BOX 219
NEW YORK
,
NY
10516
NONE
PUBLIC CHARITY
ANNUAL FUND
2,000
GASPARILLA ISLAND CONSERVATION & IMPROVEMENT ASSOCIATION
PO BOX 446
BOCA GRANDE
,
FL
33921
NONE
PUBLIC CHARITY
ANNUAL FUND
10,000
GLADNEY CENTER FOR ADOPTION
6300 JOHN RYAN DRIVE
FORT WORTH
,
TX
76132
NONE
PUBLIC CHARITY
ANNUAL FUND
5,000
GRANTMAKERS COUNCIL OF RHODE ISLAND
50 VALLEY STREET
PROVIDENCE
,
RI
02909
NONE
PUBLIC CHARITY
UNRESTRICTED
1,000
GRANTMAKERS FOR EFFECTIVE ORGANIZATIONS
1725 DESALES ST NW STE 404
WASHINGTON
,
DC
20036
NONE
PUBLIC CHARITY
CONFERENCE AND FOR GENERAL OPERATIONS
8,590
GROW SMART RHODE ISLAND
ONE EMPIRE PLAZA
PROVIDENCE
,
RI
02903
NONE
PUBLIC CHARITY
MAIN STREET INITIATIVE
54,000
GIRL SCOUTS OF SOUTHEASTERN NEW ENGLAND
500 GREENWICH AVENUE
WAKEFILED
,
RI
02886
NONE
PUBLIC CHARITY
CAMP ROCKY FARM RENOVATION
36,115
HEIFER PROJECT INTERNATIONAL
1 WORLD AVENUE
LITTLE ROCK
,
AR
72202
NONE
PUBLIC CHARITY
ANNUAL FUND
5,000
SOCIETY FOR PERSERVATION OF NE ANTIQUITIES
141 CAMBRIDGE AVE
BOSTON
,
MA
02114
NONE
PUBLIC CHARITY
RESILIENCY PROJECT
163,500
INTERNATIONAL MEDICAL CORPS
12400 WHILSHIRE BLVD SUITE 1500
LOS ANGELES
,
CA
90025
NONE
PUBLIC CHARITY
ANNUAL FUND
10,000
INTERNATIONAL YACHT RESTORATION SCHOOL
449 THAMES ST SUITE 111
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
SCHOLARSHIPS AND THE ANNUAL FUND
443,000
JAMESTOWN ART CENTER
18 VALLEY STREET
JAMESTOWN
,
RI
02835
NONE
PUBLIC CHARITY
ANNUAL FUND
2,500
MILL REEF FUND
C/O JP MORGAN
DETROIT
,
MI
48278
NONE
PUBLIC CHARITY
ANNUAL FUND
5,000
LUCY'S HEARTH
913 WEST MAIN ROAD
MIDDLETOWN
,
RI
02842
NONE
PUBLIC CHARITY
GENERAL OPERATING SUPPORT
67,500
MARTIN LUTHER KING COMMUNITY CENTER INC
20 DR MARCUS F WHEATLAND BLVD
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
GENERAL OPERATING SUPPORT
28,740
MEALS ON WHEELS OF RI INC
70 BATH STREET
PROVIDENCE
,
RI
02908
NONE
PUBLIC CHARITY
THE HOME DELIVERED PROGRAM IN NEWPORT COUNTY
22,500
MIDDLETOWN TREE ASSOCIATION
207 VERNON AVENUE
MIDDLETOWN
,
RI
02842
NONE
PUBLIC CHARITY
FOR THE TREE MAINTENANCE PROGRAM AND PLANTING INCENTIVE PROGRAMS
12,000
NY PRESBYTERIAN HOSPITAL
850 THIRD AVE
NEW YORK
,
NY
10022
NONE
PUBLIC CHARITY
UNRESTRICTED
5,000
NAVAL WAR COLLEGE FOUNDATION
686 CUSHING ROAD
NEWPORT
,
RI
02841
NONE
PUBLIC CHARITY
ANNUAL FUND & CYBER INNOVATION
1,621,667
NE GRASSROOTS ENVIRONMENTAL FUND
PO BOX 611
NEWMARKET
,
NH
03857
NONE
PUBLIC CHARITY
REFUND
-11,000
NEW YORK HARBOR FOUNDATION
10 SOUTH STREET SLIP 7
NEW YORK
,
NY
10004
NONE
PUBLIC CHARITY
BILLION OYSTER PROJECT
15,000
NEW YORK LANDMARKS CONSERVANCY
ONE WHITEHALL STREET
NEW YORK
,
NY
10004
NONE
PUBLIC CHARITY
ANNUAL FUND
3,000
URI RESEARCH FOUNDATION
75 LOWER COLLEGE RD
KINGSTON
,
RI
02881
NONE
PUBLIC CHARITY
INNOVATION CENTER
250,000
NEWPORT COMMUNITY SCHOOL
55 BROADWAY
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
RENEWED SUPPORT FOR NEXT STEP ADVISORY
35,748
NEWPORT COUNTY COMMUNITY MENTAL HEALTH CENTER
127 JOHNNY CAKE HILL ROAD
MIDDLETOWN
,
RI
02842
NONE
PUBLIC CHARITY
ELECTRONIC HEALTH RECORD & BEHAVORIAL HEALTH ASSESSMENT SOFTWARE
139,429
PHILANTHROPY ROUNDTABLE
1120 20 ST NW
WASHINGTON
,
DC
20036
NONE
PUBLIC CHARITY
UNRESTRICTED
500
NEWPORT YMCA
792 VALLEY ROAD
MIDDLETOWN
,
RI
02842
NONE
PUBLIC CHARITY
EXPANSION PROJECT
1,500,000
NEWPORT FESTIVALS FOUNDATION
150 EAST 69TH STREET 27K
NEW YORK
,
NY
10021
NONE
PUBLIC CHARITY
UNRESTRICTED OPERATING SUPPORT
95,000
NEWPORT FILM INC
174 BELLEVUE AVE SUITE 314
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
ANNUAL FUND
57,333
NEWPORT FILM INC
174 BELLEVUE AVE SUITE 314
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
SUMMER BENEFIT / STRATEGIC MARKETING INITIATIVE
15,000
NEWPORT HISTORICAL SOCIETY
82 TOURO STREET
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
ANNUAL FUND
5,000
NEWPORT HISTORICAL SOCIETY
82 TOURO STREET
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
SUPPORT THE NEWPORT ANTIQUE SHOW
10,000
NEWPORT HOSPITAL FOUNDATION
11 FRIENDSHIP STREET
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
EMERGENCY DEPARTMENT EXPANSION
35,000
CITY OF NEWPORT
43 BROADWAY
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
COMMUNITY ENGAGMENT DEVELOPMENT
100,000
NEWPORT PARTNERSHIPS FOR FAMILIES
109 OLD FORT ROAD
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
CHRONIC EARLY ABSENTEEISM AND TRUANCY REDUCTION
129,696
NEWPORT PUBLIC LIBRARY
300 SPRING STREET
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
ANNUAL FUND
5,000
NEWPORT PUBLIC SCHOOLS
109 OLD FORT ROAD
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
NACTC COLLEGE AND CAREER READINESS
3,144
NEWPORT PUBLIC SCHOOLS
109 OLD FORT ROAD
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
NEWPORT PROJECT
37,495
NEWPORT RESTORATION FOUNDATION
51 TOURO STREET
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
ANNUAL FUND
60,000
NEWPORT TREE CONSERVANCY
29 FRANKLIN STREET
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
HERITAGE TREE CENTER
65,000
NIGHTINGALE BAMFORD SCHOOL
20 EAST 92ND STREET
NEW YORK
,
NY
10128
NONE
PUBLIC CHARITY
ANNUAL FUND
2,500
NORMAN BIRD SANCTUARY TRUST
583 THIRD BEACH ROAD
MIDDLETOWN
,
RI
02842
NONE
PUBLIC CHARITY
DIRECT MAINTENANCE OF SANCTUARY LANDSCAPES
39,000
OCEANA
1350 CONNECTICUT AVE
WASHINGTON
,
DC
20036
NONE
PUBLIC CHARITY
SAILORS FOR THE SEA
10,000
OLANA PARTNERSHIP
PO BOX 199
HUDSON
,
NY
12534
NONE
PUBLIC CHARITY
ANNUAL FUND
2,500
PA SOCIETY-PREVENTION OF CRUELTY TO ANIMALS
350 E ERIE AVENUE
PHILADELPHIA
,
PA
19134
NONE
PUBLIC CHARITY
ANNUAL FUND AND UNRESTRICTED
90,000
PEAK GRANTMAKING INC
1666 K ST NW
WASHINGTON
,
DC
20006
NONE
PUBLIC CHARITY
UNRESTRICTED OPERATING SUPPORT
1,000
PER SCHOLAS
804 EAST 138TH ST
BRONX
,
NY
10454
NONE
PUBLIC CHARITY
ANNUAL FUND
3,750
POMFRET SCHOOL
398 POMFRET STREET
POMFRET
,
CT
06258
NONE
PUBLIC CHARITY
ANNUAL FUND
10,000
PORTSMOUTH HISTORICAL SOCIETY
PO BOX 834
PORTSMOUTH
,
RI
02871
NONE
PUBLIC CHARITY
LONG RANGE PLAN DEVELOPMENT
10,000
PRESERVATION SOCIETY OF NEWPORT COUNTY
424 BELLEVUE AVENUE
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
CONSTRUCTION OF THE WELCOME CENTER AT THE BREAKERS
500,000
PRESERVATION SOCIETY OF NEWPORT COUNTY
424 BELLEVUE AVENUE
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
ANNUAL FUND
20,000
PRESERVATION SOCIETY OF NEWPORT COUNTY
424 BELLEVUE AVENUE
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
ORGANIZATIONAL DEVELOPMENT
7,200
PROTECT OUR WINTERS
4676 BROADWAY STREET
BOULDER
,
CO
80304
NONE
PUBLIC CHARITY
ANNUAL FUND
15,000
PUPPIES BEHIND BARS
10 EAST 40TH STREET 19TH FLOOR
NEW YORK
,
NY
10016
NONE
PUBLIC CHARITY
ANNUAL FUND
2,000
REACH OUT AND READ RHODE ISLAND
1 RICHMOND SQ STE 158E
PROVIDENCE
,
RI
02906
NONE
PUBLIC CHARITY
SUPPORT THE REACH OUT & READ EARLY LITERACY PROGRAM IN NEWPORT COUNTY
6,000
RHODE ISLAND ARTS FOUNDATION AT NEWPORT
26 VALLEY ROAD
MIDDLETOWN
,
RI
02842
NONE
PUBLIC CHARITY
NEWPORT MUSIC FESTIVAL
37,500
RHODE ISLAND COMMUNITY FOOD BANK
200 NIANTIC AVENUE
PROVIDENCE
,
RI
02907
NONE
PUBLIC CHARITY
FOOD AQUISITION AND FUNDING FOR NEWPORT COUNTY FOOD PANTRIES
45,000
REDWOOD LIBRARY
50 BELLEVUE AVE
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
ANNUAL FUND
2,500
RHODE ISLAND KIDS COUNT
ONE UNION STATION
PROVIDENCE
,
RI
02903
NONE
PUBLIC CHARITY
3G INITIATIVE IN NEWPORT
45,000
RHODE ISLAND PUBLIC RADIO
ONE UNION STATION
PROVIDENCE
,
RI
02903
NONE
PUBLIC CHARITY
ANNUAL FUND
2,500
RHODYSQUASH INC
792 VALLEY ROAD
MIDDLETOWN
,
RI
02842
NONE
PUBLIC CHARITY
ANNUAL FUND
10,000
ROBERT POTTER LEAGUE FOR ANIMALS INC
87 OLIPHANT LANE
MIDDLETOWN
,
RI
02842
NONE
PUBLIC CHARITY
ANNUAL FUND
105,000
ROYAL PALM PLAYERS
PO BOX 954
BOCA GRANDE
,
FL
33921
NONE
PUBLIC CHARITY
COMMUNITY THEATER
3,500
SAIL NEWPORT
60 FORT ADAMS DRIVE
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
AQUIDNECK ISLAND HS SAILING PROGRAM
25,900
SAIL TO PREVAIL
86 THAMES STREET
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
ADAPTIVE SAILING PROGRAM
25,000
SEAMEN'S CHURCH INSTITUTE
18 MARKET SQUARE
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
STRATEGIC PLANNING
10,000
SAVE THE BAY INC
100 SAVE THE BAY DRIVE
PROVIDENCE
,
RI
02905
NONE
PUBLIC CHARITY
ACTION & IMPACT FOR NEWPORT COUNTY AND NARRAGANSETT BAYTECT NARRAGANSETT
35,000
INJURED MARINE SEMPER FI FUND
825 COLLEGE BLV
OCEANSIDE
,
CA
92057
NONE
PUBLIC CHARITY
ANNUAL FUND
3,750
SOCIAL ENTERPRISE GREENHOUSE
10 DAVOI SQUARE
PROVIDENCE
,
RI
02903
NONE
PUBLIC CHARITY
NEWPORT COUNTY PROGRAMMING
50,000
SPENCE SCHOOL
22 EAST 91ST STREET
NEW YORK
,
NY
10130
NONE
PUBLIC CHARITY
ANNUAL FUND
5,000
ST ANDREWS EPISCOPAL CHURCH
PO BOX 272
BOCA GRANDE
,
FL
33921
NONE
PUBLIC CHARITY
ANNUAL FUND
2,000
ST BERNARD'S SCHOOL
4 EAST 98TH STREET
NEW YORK
,
NY
10029
NONE
PUBLIC CHARITY
ANNUAL FUND
15,000
ST COLUMBA - THE BERKELEY MEMORIAL CHAPEL
55 VAUCLUSE AVENUE
MIDDLETOWN
,
RI
02842
NONE
PUBLIC CHARITY
ANNUAL FUND & PRESERVATION OF THE CHAPEL
45,200
ST GEORGE'S SCHOOL
PO BOX 1910
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
OPERATING - GENERAL
10,000
STAR KIDS SCHOLARSHIP PROGRAM
PO BOX 6214
MIDDLETOWN
,
RI
02842
NONE
PUBLIC CHARITY
TUITION ASSISTANCE
37,000
STUDIO INCAMMINATI
340 N 12TH STREET STE 400
PHILADELPHIA
,
PA
19107
NONE
PUBLIC CHARITY
ANNUAL FUND
5,000
SUNCOAST HUMANE SOCIETY
6781 SAN CASA DRIVE
ENGLEWOOD
,
FL
34224
NONE
PUBLIC CHARITY
ANNUAL FUND
25,000
SUNDANCE INSTITUTE
PO BOX 68442
PARK CITY
,
UT
84068
NONE
PUBLIC CHARITY
CATALYST WOMEN PROGRAM AND THE SUNDANCE CATALYST
5,000
TAFT SCHOOL
110 WOODBURY ROAD
WATERTOWN
,
CT
06795
NONE
PUBLIC CHARITY
ANNUAL FUND
20,000
THE ISLAND SCHOOL
PO BOX 1090
BOCA GRANDE
,
FL
33921
NONE
PUBLIC CHARITY
ANNUAL FUND
25,000
THIRD SECTOR NEW ENGLAND INC
89 SOUTH ST STE 700 LINCOLN PLAZA
BOSTON
,
MA
02111
NONE
PUBLIC CHARITY
SUPPORT OF RHODE ISLAND LAND TRUST AND LOCAL AGRICULTURE & SEAFOOD ACT MARKETING GRANTS PROGRAM
27,400
ST MARY'S EPISCOPAL CHURCH
324 EAST MAIN STREET
PORTSMOUTH
,
RI
02871
NONE
PUBLIC CHARITY
UPJOHN CHURCH
50,000
TOWN OF TIVERTOWN
343 HIGHLAND RD
TIVERTON
,
RI
02878
NONE
PUBLIC CHARITY
BEHAVORIAL HEALTH SYSTEMS
125,000
TOWN OF MIDDLETOWN
350 EAST MAIN RD
MIDDLETOWN
,
RI
02842
NONE
PUBLIC CHARITY
ORGANIZATIONAL DEVELOPMENT
7,500
TRUSTEES OF COLUMBIA
403 AVERY HALL
NEW YORK
,
NY
10027
NONE
PUBLIC CHARITY
RESEARCH FELLOWSHIP, REAL ESTATE DEVELOPMENT AND SUPPORT BUSINESS FUND
275,000
UNIVERSITY OF RI FOUNDATION
79 UPPER COLLEGE RD
KINGSTON
,
RI
02881
NONE
PUBLIC CHARITY
STRENGTHENING NEIGHBORHOOD RESILIENCY
70,409
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
210 SOUTH 34TH STREET
PHILADELPHIA
,
PA
19104
NONE
PUBLIC CHARITY
SUPPORT THE PENN DESIGN ANNUAL FUND AND MARILYN JORDAN TAYLOR PRESIDENTIAL PROFESSORSHIP
159,295
VNS OF NEWPORT & BRISTOL COUNTIES
1184 EAST MAIN ROAD
PORTSMOUTH
,
RI
02871
NONE
PUBLIC CHARITY
ANNUAL FUND, SUPPORT THE PALLIATIVE CARE AND MATERNAL HEALTH PROGRAMS AND TO PILOT A COLLABORATIVE PROFESSIONAL DEVELOPMENT PROJECT WITH NEWPORT COUNTY COMMUNITY MENTAL HEALTH CENTER
35,000
VNS OF NEWPORT & BRISTOL COUNTIES
1184 EAST MAIN ROAD
PORTSMOUTH
,
RI
02871
NONE
PUBLIC CHARITY
OPERATING - GENERAL
5,000
WESLEYAN UNIVERSITY
318 HIGH STREET
MIDDLETOWN
,
CT
06459
NONE
PUBLIC CHARITY
SUPPORT FILM CENTER ADDITION
105,000
YALE UNIVERSITY
PO BOX 2038
NEW HAVEN
,
CT
06521
NONE
PUBLIC CHARITY
ANNUAL FUND
182,500
UNIVERSITY OF VERMONT
411 MAIN ST
BURLINGTON
,
VT
05401
NONE
PUBLIC CHARITY
SUSTAINABLE INNOVATION
10,000
CORNELL UNIVERSITY
1300 YORK AVE
NEW YORK
,
NY
10065
NONE
PUBLIC CHARITY
DIVISION OF CHILD PSYCHIATRY
35,000
NEWPORT COUNTY WOMEN'S RESOURCE CENTER
114 TOURO STREET
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
VICTIMS OF DOMESTIC VIOLENCE, COMMUNITY ENGAGMENT, ORGANIZATIONAL DEV
51,120
WOODS HOLE OCEANOGRAPHIC INSTITUTION
266 WOOD HOLE ROAD
WOOD HOLE
,
MA
02543
NONE
PUBLIC CHARITY
FOR RESEARCH
104,953
WORL BICYCLE RELIEF
1000 WEST FULTON MARKET
CHICAGO
,
IL
60607
NONE
PUBLIC CHARITY
ANNUAL FUND
2,500
WREXHAM FOUNDATION
201913 YALE STATION
NEW HAVEN
,
CT
06520
NONE
PUBLIC CHARITY
ANNUAL FUND
10,000
PRESERVE RHODE ISLAND
957 NORTH MAIN ST
PROVIDENCE
,
RI
02904
NONE
PUBLIC CHARITY
AQUIDNECK STONE WALL INITIATIVE
133,000
ST MICHAELS COUNTRY DAY SCHOOL
180 RHODE ISLAND AVENUE
NEWPORT
,
RI
02840
NONE
PUBLIC CHARITY
ANNUAL FUND
30,000
STREETSQUASH
40 WEST 116TH ST
NEW YORK
,
NY
10026
NONE
PUBLIC CHARITY
20TH ANNIVERSARY CELEBRATION
2,500
THIRD OPTION FOUNDATION
111160-C1 SOUTH LAKE DRIVE
RESTON
,
VA
20191
NONE
PUBLIC CHARITY
UNRESTRICTED
5,000
Total
.................................
3a
8,978,563
b
Approved for future payment
Total
.................................
3b
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
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
...........
4
Dividends and interest from securities
....
14
4,549,973
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
12,161,356
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
0
16,711,329
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
16,711,329
(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.)
Form
990-PF
(2019)
Form 990-PF (2019)
Page
13
Part XVII
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
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.
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