Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 11-01-2018 , and ending 10-31-2019
Name of foundation
VIRGINIA B TOULMIN CHARITABLE FOUNDATION
CHARITABLE FOUNDATION III
Number and street (or P.O. box number if mail is not delivered to street address)530 FIFTH AVE FL 24
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10036
A Employer identification number

13-7385769
B Telephone number (see instructions)

(212) 546-6263
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$131,857,254J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 10,206 10,206  
4 Dividends and interest from securities... 1,766,962 1,766,962  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,588,802
b Gross sales price for all assets on line 6a 39,472,418
7 Capital gain net income (from Part IV, line 2)... 7,549,771
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 0 156,952  
12 Total. Add lines 1 through 11........ 9,365,970 9,483,891  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 468,750 187,500   187,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 24,667 0   0
b Accounting fees (attach schedule)....... Click to see attachment 126,000 94,500   31,500
c Other professional fees (attach schedule).... Click to see attachment 1,386,223 1,116,228   213,995
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 107,100 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 123,139 49,256   49,256
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 17,004 117,072   13,007
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,252,883 1,564,556   495,258
25 Contributions, gifts, grants paid....... 7,534,827 7,238,404
26 Total expenses and disbursements. Add lines 24 and 25 9,787,710 1,564,556   7,733,662
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -421,740
b Net investment income (if negative, enter -0-) 7,919,335
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 403,568 47,243 47,243
2 Savings and temporary cash investments......... 8,421,853 10,407,993 10,407,993
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 17,800    
10a Investments—U.S. and state government obligations (attach schedule) 16,626,555 Click to see attachment18,752,055 18,752,055
b Investments—corporate stock (attach schedule)....... 44,244,148 Click to see attachment46,470,700 46,470,700
c Investments—corporate bonds (attach schedule)....... 12,671,616 Click to see attachment12,143,167 12,143,167
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 48,131,193 Click to see attachment43,629,241 43,629,241
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment419,017 Click to see attachment406,855 Click to see attachment406,855
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 130,935,750 131,857,254 131,857,254
Liabilities 17 Accounts payable and accrued expenses.......... 120,154 199,882
18 Grants payable................. 1,317,690 1,474,326
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment338,095 Click to see attachment376,195
23 Total liabilities (add lines 17 through 22)......... 1,775,939 2,050,403
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 129,159,811 129,806,851
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 129,159,811 129,806,851
31 Total liabilities and net assets/fund balances (see instructions). 130,935,750 131,857,254
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
129,159,811
2
Enter amount from Part I, line 27a .....................
2
-421,740
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,073,758
4
Add lines 1, 2, and 3 ..........................
4
129,811,829
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,978
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
129,806,851
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b CAPITAL GAIN - BOND REDEMPTION P    
c PARTNERSHIP CAPITAL GAINS/LOSSES P    
d CAPITAL GAINS DIVIDENDS 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 37,582,126   31,064,865 6,517,261
b 824,441   818,751 5,690
c     39,031 -39,031
d 1,065,851     1,065,851
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       6,517,261
b       5,690
c       -39,031
d       1,065,851
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 7,549,771
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 8,244,837 140,303,874 0.058764
2016 7,672,919 133,492,745 0.057478
2015 7,521,228 129,038,299 0.058287
2014 6,859,683 136,737,285 0.050167
2013 7,207,706 138,957,962 0.051870
2
Total of line 1, column (d) .....................
2
0.276566
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
0.055313
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
131,385,742
5
Multiply line 4 by line 3......................
5
7,267,340
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
79,193
7
Add lines 5 and 6........................
7
7,346,533
8
Enter qualifying distributions from Part XII, line 4,.............
8
7,733,662
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 79,193
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 79,193
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 79,193
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 68,569
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 32,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 100,569
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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 21,376
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet21,376 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOH
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.TOULMINFOUNDATION.ORG
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (212) 546-6263

    Located atbullet530 FIFTH AVE FL 24NEW YORKNY ZIP+4bullet10036
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    WILLIAM S VILLAFRANCO TRUSTEE/CEO
    35.00     		218,750 0 0
    530 FIFTH AVENUE 24TH FLOOR
    NEW YORK,NY10036
    ALEXANDER C SANGER TRUSTEE/COO
    30.00     		150,000 0 0
    IPPF 125 MAIDEN LANE 9TH FLOOR
    NEW YORK,NY10038
    WALTER P MONTAIGNE TRUSTEE
    15.00     		100,000 0 0
    165 W 66TH ST 10D
    NEW YORK,NY10023
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    SOUTHWIND ASSOCIATES OF NJ INC INVESTMENT MGT & ADMIN SERVICES 648,621
    530 FIFTH AVENUE 24TH FLOOR
    NEW YORK,NY10036
    EAGLE CAPITAL MANAGEMENT LLC INVESTMENT MANAGEMENT SERVICES 147,263
    499 PARK AVENUE 17TH FLOOR
    NEW YORK,NY10022
    TCC GROUP CONSULTING SERVICES 137,952
    31 WEST 27TH STREET 4TH FLOOR
    NEW YORK,NY10001
    RSM US LLP ACCOUNTING SERVICES 126,000
    6 SOUTH PATTERSON BLVD
    DAYTON,OH45402
    ANGELUS NOVUS INC VIDEO PRODUCTION SERVICES 125,927
    410 WEST END AVENUE 2B
    NEW YORK,NY10024
    Total number of others receiving over $50,000 for professional services.............bullet8
    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 AMOUNTS PAID DIRECTLY TO A VENDOR TO PRODUCE PROMOTIONAL VIDEOS FOR VARIOUS CHARITABLE ORGANIZATIONS. 125,927
    2 AMOUNTS PAID DIRECTLY TO A CONSULTANT ON BEHALF OF A CHARITABLE ORGANIZATION. 6,000
    3 OTHER INDIRECT GRANTS FOR EXPENSES PAID ON BEHALF OF CHARITABLE ORGANIZATIONS. 7,860
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    123,146,763
    b
    Average of monthly cash balances.......................
    1b
    10,239,777
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    133,386,540
    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
    133,386,540
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,000,798
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    131,385,742
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,569,287
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    6,569,287
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    79,193
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    79,193
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,490,094
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    6,490,094
    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
    6,490,094
    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
    7,733,662
    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
    7,733,662
    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
    79,193
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    7,654,469
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 6,490,094
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 381,935
    b From 2014...... 169,991
    c From 2015...... 1,141,279
    d From 2016...... 1,114,036
    e From 2017...... 1,447,039
    fTotal of lines 3a through e........ 4,254,280
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 7,733,662
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 6,490,094
    e Remaining amount distributed out of corpus 1,243,568
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 5,497,848
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		381,935
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		5,115,913
    10 Analysis of line 9:
    a Excess from 2014.... 169,991
    b Excess from 2015.... 1,141,279
    c Excess from 2016.... 1,114,036
    d Excess from 2017.... 1,447,039
    e Excess from 2018.... 1,243,568
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN BALLET THEATRE
    890 BROADWAY 3RD FL
    NEW YORK,NY10003     		  PC ABT INCUBATOR 25,000
    AMERICAN BALLET THEATRE
    890 BROADWAY 3RD FL
    NEW YORK,NY10003     		  PC ABT WOMEN'S MOVEMENT 150,000
    AMERICAN COMPOSERS ORCHESTRA
    494 EIGHTH AVENUE SUITE 503
    NEW YORK,NY10001     		  PC 2-YEAR SUPPORT FOR FEMALE AND NONBINARY EMERGING COMPOSERS 50,000
    AMERICAN OPERA PROJECTS INC
    138 SOUTH OXFORD STREET
    BROOKLYN,NY11217     		  PC AOP STAFF DIVERSITY GROWTH INITIATIVE 50,000
    AMERICA'S VETDOGS - THE VETERAN'S K-9 CORPS INC
    371 E JERICHO TURNPIKE
    SMITHTOWN,NY11787     		  PC GENERAL OPERATING SUPPORT 5,000
    ANCHOR PROGRAM FUND INC
    630 LIDO BLVD
    LIDO BEACH,NY11561     		  PC ANCHOR PROGRAM FUND GRANT TO BENEFIT CAMP ANCHOR 110,000
    ANCHOR PROGRAM FUND INC
    630 LIDO BLVD
    LIDO BEACH,NY11561     		  PC ANCHOR PROGRAM FUND GRANT TO BENEFIT CAMP ANCHOR 25,000
    ANDIAMO MOTORCYCLES CHARITY INC
    23 HARDENBURGH AVE
    HAWORTH,NJ07641     		  PC GENERAL OPERATING SUPPORT 10,000
    ASOLO THEATRE
    5555 N TAMIAMI TRAIL
    SARASOTA,FL34243     		  PC SUPPORT ASOLO THEATRE'S ASSOCIATE DIRECTOR POSITION 40,000
    ASOLO THEATRE
    5555 N TAMIAMI TRAIL
    SARASOTA,FL34243     		  PC GENERAL SUPPORT, FEMALE CREATIVE TEAM MEMBER FUND, SNOW WHITE 145,000
    ATLANTIC THEATER COMPANY
    76 NINTH AVE
    NEW YORK,NY10018     		  PC WOMEN PLAYWRIGHTS COMMISSIONING PROGRAM - THEATER RFP 30,000
    AUTISM SPEAKS INC
    1 E 33RD ST 4TH FL
    NEW YORK,NY10016     		  PC GENERAL OPERATING SUPPORT 5,000
    BALLET WEST
    52 W 200 S
    SALT LAKE CITY,UT84101     		  PC 2019/20 CHOREOGRAPHIC FESTIVAL FEATURING COMMISSION BY JENNIFER ARCHIBALD - BALLET RFP 10,000
    BETH MORRISON PROJECTS
    666 OCEAN AVE D1
    BROOKLYN,NY11226     		  PC STRATEGIC PLANNING AND VIDEO PROMOTION 25,000
    BOSTON BALLET
    19 CLARENDON ST
    BOSTON,MA02116     		  PC FEMALE STUDENT CHOREOGRAPHY PROJECT - LAUREN FOWLER - BALLET RFP 40,000
    BOSTON BALLET
    19 CLARENDON ST
    BOSTON,MA02116     		  PC FEMALE STUDENT CHOREOGRAPHY PROJECT 2019-20 ACADEMIC YEAR - BALLET SCHOOL RFP 32,400
    BROWN UNIVERSITY
    BOX 1929
    PROVIDENCE,RI02912     		  PC RESEARCH COLLABORATION ON MASCULINITIES AND MALE SRH IN MEXICO W/ IPPF/WHR 29,250
    CALVARY HOSPITAL INC
    1740 EASTCHESTER ROAD
    BRONX,NY10461     		  PC GENERAL OPERATING SUPPORT 5,000
    CAMP H-TOWN
    1106 JOE ANNIE STREET
    HOUSTON,TX77019     		  PC GENERAL OPERATING SUPPORT 25,000
    CASE WESTERN RESERVE UNIVERSITY
    10900 EUCLID AVE
    CLEVELAND,OH44106     		  PC SUPPORT HALF OF THE TUITION FOR FOUR NEONATAL NURSING STUDENTS 60,000
    CHAMBER MUSIC SOCIETY OF LINCOLN CENTER
    70 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		  PC SUPPORT COMMISSIONS BY EMERGING WOMEN COMPOSERS 16,500
    CHANCES FOR CHILDREN
    1178 ANDERSON AVENUE
    BRONX,NY10452     		  PC CHANCES FOR CHILDREN CLINICAL GROUP AND DYADIC PROGRAM 100,000
    COMMUNITY FOUNDATION OF COLLIER COUNTY
    1110 PINE RIDGE ROAD
    NAPLES,FL34108     		  PC GENERAL OPERATING SUPPORT C/O ANGEL FUND FOR SMALL NONPROFITS 20,000
    COVENANT HOUSE
    461 EIGHTH AVE
    NEW YORK,NY10001     		  PC STRENGTHENING ANTI-HUMAN TRAFFICKING SERVICES AND THE CONTINUUM OF CARE AT COVENANT HOUSE NEW YORK 200,000
    DALLAS SYMPHONY ASSOCIATION INC
    MORTON H MEYERSON SYMPHONY CENTER
    DALLAS,TX75201     		  PC COMMISSION FOR A NEW ORCHESTRAL WORK BY ANGELICA NEGRON 50,000
    DAYTON CONTEMPORARY DANCE COMPANY
    840 GERMANTOWN STREET
    DAYTON,OH45402     		  PC DCDC 50TH ANNIVERSARY CELEBRATION 50,000
    DOMINICAN ACADEMY OF THE CITY OF NEW YORK
    44 EAST 68TH STREET
    NEW YORK,NY10065     		  PC SCHOLARSHIPS 10,000
    EAST END HOSPICE INC
    PO BOX 1048
    WESTHAMPTON BEACH,NY11978     		  PC CAMP GOOD GRIEF 10,000
    EMMA ALYSON & KATE HANCE FAMILY FOUNDATION INC
    PO BOX 20795
    FLORAL PARK,NY11002     		  PC GENERAL OPERATING SUPPORT 50,000
    FRANCISCAN BREAD FOR THE POOR INC
    144 W 32ND ST
    NEW YORK,NY10001     		  PC GENERAL OPERATING SUPPORT 10,000
    FRANCISCAN MOUNTAIN RETREAT INC
    PO BOX AR
    ST BONAVENTURE,NY14778     		  PC GENERAL OPERATING SUPPORT 10,000
    GIRLS INC OF SARASOTA COUNTY
    201 S TUTTLE AVE
    SARASOTA,FL34237     		  PC GIRLS INC. OF SARASOTA COUNTY GROWTH INITIATIVE 95,000
    GIRLS INC OF SARASOTA COUNTY
    201 S TUTTLE AVE
    SARASOTA,FL34237     		  PC GIRLS INC. OF SARASOTA COUNTY GROWTH INITIATIVE 50,000
    GIVE2ASIA
    600 CALIFORNIA ST
    SAN FRANCISCO,CA94108     		  PC EDUCATION HELPING ORPHANS, BROKEN HOME/POOR/DISADVANTAGED/HIGH RISK YOUTHS 175,000
    GREATER CHICAGO FOOD DEPOSITORY
    4100 W ANN LURIE PL
    CHICAGO,IL60632     		  PC GENERAL OPERATING SUPPORT 5,000
    GREATER DAYTON DISASTER RELIEF FUND
    1401 S MAIN STREET SUITE 100
    DAYTON,OH45409     		  PC TORNADO DISASTER RELIEF 50,000
    HELPING IMMIGRANTS STAY PROJECT
    130 SW MORRISION ST 250
    PORTLAND,OR97205     		  PC PSYCHOLOGICAL EVALUATIONS FOR LOW-INCOME IMMIGRANTS 50,000
    HOSPITAL FOR SPECIAL SURGERY
    535 EAST 70TH STREET
    NEW YORK,NY10021     		  PC UNDERSTANDING THE ROLE OF INFLAMMATORY AND IMMUNE CELLS IN ACL GRAFT HEALING AND POST-TRAUMATIC OA 100,000
    ICAHN SCHOOL OF MEDICINE - DUBIN BREAST CENTER
    ONE GUSTAVE L LEVY PLACE BOX 1049
    NEW YORK,NY10029     		  PC DUBIN BREAST CENTER FAMILY PSYCHOLOGY AND SOCIAL WORK PROGRAM (RENEWED TWO-YEAR SUPPORT) 200,000
    IPPF WHR
    125 MAIDEN LN 9TH FL
    NEW YORK,NY10038     		  PC THE ACCENTURE PROJECT 100,000
    IPPF WHR
    125 MAIDEN LN 9TH FL
    NEW YORK,NY10038     		  PC A SUSTAINABLE EFFORT TO REACH VULNERABLE POPULATIONS PHASE III: SCALING SOCIAL ENTERPRISE MODELS 150,000
    IPPF WHR
    125 MAIDEN LN 9TH FL
    NEW YORK,NY10038     		  PC RESEARCH COLLABORATION ON MASCULIITIES AND AND MALE SRH IN MEXICO W/ BROWN UNIVERSITY 50,000
    IPPF WHR
    125 MAIDEN LN 9TH FL
    NEW YORK,NY10038     		  PC A SUSTAINABLE EFFORT TO REACH VULNERABLE POPULATIONS PHASE III: SCALING SOCIAL ENTERPRISE MODELS 200,000
    IPPF WHR
    125 MAIDEN LN 9TH FL
    NEW YORK,NY10038     		  PC EXPANDING SEXUAL AND REPRODUCTIVE HEALTH SERVICES FOR BOLIVIAN IMMIGRANTS IN AMERICA 100,000
    JOE TORRE SAFE AT HOME FOUNDATION
    55 WEST 39TH STREET
    NEW YORK,NY10018     		  PC GENERAL OPERATING SUPPORT 75,000
    JOE TORRE SAFE AT HOME FOUNDATION
    55 WEST 39TH STREET
    NEW YORK,NY10018     		  PC GENERAL OPERATING SUPPORT 15,000
    JOE TORRE SAFE AT HOME FOUNDATION
    55 WEST 39TH STREET
    NEW YORK,NY10018     		  PC GENERAL OPERATING SUPPORT FOR SAFE AT HOME 100,000
    KAUFMAN MUSIC CENTER
    129 WEST 67TH STREET
    NEW YORK,NY10023     		  PC LUNA COMPOSITION LAB 15,000
    LEAGUE OF AMERICAN ORCHESTRAS
    33 W 60TH ST 5TH FL
    NEW YORK,NY10023     		  PC LEAGUE'S BRUNO WALTER NATIONAL CONDUCTOR PREVIEW 25,000
    LEAGUE OF AMERICAN ORCHESTRAS
    33 W 60TH ST 5TH FL
    NEW YORK,NY10023     		  PC WOMEN COMPOSERS READINGS AND COMMISSIONS PROGRAM 165,000
    LINCOLN CENTER THEATER
    150 WEST 65TH STREET
    NEW YORK,NY10023     		  PC LCT3 2019-2020 SEASON WOMEN WRITERS AND DIRECTORS: PRODUCTION SUPPORT 125,000
    MANASOTA LACROSSE CLUB INC DBA SARASOTA SEAHAWKS LACROSSE CLUB
    5020 CLARK ROAD NO 130
    SARASOTA,FL34233     		  PC NORTH COUNTY YOUTH INITIATIVE 25,000
    MARIE SELBY BOTANICAL GARDENS INC
    811 S PALM AVENUE
    SARASOTA,FL34236     		  PC AUDIO TOUR FOR "SALVADOR DALI: GARDENS OF THE MIND AND SUPPORT FOR "SHAKESPEARE IN THE GARDENS" 75,000
    MYFACE
    333 EAST 30TH STREET
    NEW YORK,NY10016     		  PC GENERAL OPERATING SUPPORT 125,000
    MYFACE
    333 EAST 30TH STREET
    NEW YORK,NY10016     		  PC GENERAL OPERATING SUPPORT 50,000
    MYFACE
    333 EAST 30TH STREET
    NEW YORK,NY10016     		  PC GENERAL OPERATING SUPPORT 15,000
    MYFACE
    333 EAST 30TH STREET
    NEW YORK,NY10016     		  PC BOARD DEVELOPMENT 25,000
    NAPLES THERAPEUTIC RIDING CENTER
    206 RIDGE DRIVE
    NAPLES,FL34108     		  PC GENERAL OPERATING SUPPORT 50,000
    NAPLES THERAPEUTIC RIDING CENTER
    206 RIDGE DRIVE
    NAPLES,FL34108     		  PC GENERAL OPERATING SUPPORT 75,000
    NAPLES THERAPEUTIC RIDING CENTER
    206 RIDGE DRIVE
    NAPLES,FL34108     		  PC GENERAL OPERATING SUPPORT 10,000
    NATIONAL SAWDUST
    80 N 6TH ST
    BROOKLYN,NY11249     		  PC NATIONAL SAWDUST'S PROGRAMS TO SUPPORT FEMALE AND NON-BINARY COMPOSERS 75,000
    NEW YORK CITY BALLET
    DAVID H KOCH THEATER
    NEW YORK,NY10023     		  PC NEW BALLETS BY CHOREOGRAPHERS LAUREN LOVETTE AND PAM TANOWITZ 50,000
    NEW YORK CITY CENTER
    130 W 56TH ST
    NEW YORK,NY10019     		  PC NEW YORK CITY CENTER'S 2019-20 SEASON DANCE COMMISSIONS 100,000
    NEW YORK CITY CENTER
    130 W 56TH ST
    NEW YORK,NY10019     		  PC NEW YORK CITY CENTER CAPACITY BUILDING INITIATIVES 75,000
    NEW YORK COMMUNITY TRUST
    909 THIRD AVE 22ND FL
    NEW YORK,NY10022     		  PC SUPPORT ARTS AND CULTURAL, SOCIAL SERVICES, AND OTHER CHARITABLE ORGANIZATIONS 100,000
    NEW YORK THEATER WORKSHOP
    79 EAST 4TH STREET
    NEW YORK,NY10003     		  PC WOMEN PLAYWRIGHTS COMMISSIONING PROGRAM - THEATER RFP 30,000
    NEW YORK UNIVERSITY CENTER FOR BALLET
    20 COOPER SQUARE 2ND FLOOR
    NEW YORK,NY10003     		  PC SUPPORT THE VIRGINIA B TOULMIN FELLOWSHIP FOR WOMEN LEADERS IN DANCE 110,000
    NYU - SCHOOL OF MEDICINE
    ONE PARK AVENUE 5TH FLOOR
    NEW YORK,NY10016     		  PC NUCLEAR CARDIOLOGY 30,000
    NYU - SCHOOL OF MEDICINE
    ONE PARK AVENUE 5TH FLOOR
    NEW YORK,NY10016     		  PC HANDS ONLY CPR TRAINING FOR FAMILIES OF PATIENTS WITH CARDIOVASCULAR DISEASE AND RISK 15,000
    OPERA AMERICA
    330 7TH AVE
    NEW YORK,NY10001     		  PC OPERA GRANTS FOR FEMALE COMPOSERS 19,000
    OPERA AMERICA
    330 7TH AVE
    NEW YORK,NY10001     		  PC OPERA GRANTS FOR FEMALE COMPOSERS 44,850
    OPERA AMERICA
    330 7TH AVE
    NEW YORK,NY10001     		  PC SUPPORT THE DIGITAL MEDIA INITIATIVE AND DISCOVERY AND COMMISSIONING GRANTS FOR FEMALE COMPOSERS 300,000
    OUR LADY OF VICTORY PARISH SCHOOL
    2 BELLMORE STREET
    FLORAL PARK,NY11001     		  PC GENERAL OPERATING SUPPORT 10,000
    PACIFIC NORTHWEST BALLET
    301 MERCER ST
    SEATTLE,WA98109     		  PC NEW VOICES: CHOREOGRAPHY AND PROCESS FOR YOUNG WOMEN IN DANCE - BALLET SCHOOLS RFP 40,000
    PACIFIC NORTHWEST BALLET
    301 MERCER ST
    SEATTLE,WA98109     		  PC NEW VOICES: CHOREOGRAPHY AND PROCESS FOR YOUNG WOMEN IN DANCE - EVA STONE - BALLET RFP 50,000
    PENCILS OF PROMISE INC
    37 WEST 28TH STREET 3RD FLOOR
    NEW YORK,NY10001     		  PC GENERAL OPERATING SUPPORT 10,000
    PHILADELPHIA ORCHESTRA ASSOCIATION
    300 S BROAD ST
    PHILADELPHIA,PA19102     		  PC COMMISSION FOR A NEW ORCHESTRAL WORK BY XI WANG - ORCHESTRA RFP 50,000
    PLANNED PARENTHOOD OF SW AND CENTRAL FL
    736 CENTRAL AVENUE
    SARASOTA,FL34236     		  PC PPSWCF PREVENTION OUTREACH EDUCATION SUPPORT 50,000
    POINTS OF LIGHT FOUNDATION
    600 MEANS STREET
    ATLANTA,GA30318     		  PC GENERAL OPERATING SUPPORT 10,000
    POPPA INC
    32 BROADWAY STE 1401
    NEW YORK,NY10004     		  PC SAFER (SUICIDE AWARENESS FOR EMERGENCY RESPONDERS) 100,000
    PRIMARY STAGES
    307 WEST 38TH STREET
    NEW YORK,NY10018     		  PC WOMEN PLAYWRIGHTS COMMISSIONING PROGRAM - THEATER RFP 30,000
    PROFESSIONAL CHILDREN'S SCHOOL
    132 WEST 60TH STREET
    NEW YORK,NY10023     		  PC VIRGINIA B TOULMIN SCHOLARS PROGRAM 100,000
    RATTLESTICK PLAYWRIGHTS THEATER
    224 WAVERLY PLACE
    NEW YORK,NY10014     		  PC WOMEN PLAYWRIGHTS COMMISSIONING PROGRAM - THEATER RFP 30,000
    RIVER FUND NEW YORK INC
    89-11 LEFFERTS BLVD
    RICHMOND HILL,NY11418     		  PC GENERAL OPERATING SUPPORT 10,000
    SARASOTA OPERA ASSOCIATION
    61 N PINEAPPLE AVE
    SARASOTA,FL34236     		  PC GENERAL OPERATING SUPPORT FOR 2019-20 PROGRAMMING 200,000
    SARASOTA ORCHESTRA
    709 N TAMIAMI TRAIL
    SARASOTA,FL34236     		  PC SARASOTA ORCHESTRAS 2018-2019 ACTIVITIES 375,000
    SCHOOL OF AMERICAN BALLET
    70 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		  PC SUPPORT THE FEMALE CHOREOGRAPHERS UNDER THE TOULMIN SCHOLARS PROGRAM 57,500
    SCRIPTED INC
    85 BROAD STREET 17TH FLOOR
    NEW YORK,NY10004     		  PC 1-TO-1 GEN. OP. MATCHING GRANT UP TO $200,000 FROM NEW EAST COAST-BASED DONORS BY JUNE 30, 2019 81,404
    SHATTERPROOF
    950 SIXTH AVE 10TH FL
    NEW YORK,NY10001     		  PC GENERAL OPERATING SUPPORT 15,000
    SILVER HILL HOSPITAL
    208 VALLEY RD
    NEW CANAAN,CT06840     		  PC GENERAL OPERATING BUDGET 100,000
    SOMERSET HILLS LEARNING INSTITUTE
    1810 BURNT MILLS ROAD
    BEDMINSTER,NJ07921     		  PC OPERATING EXPENSES FOR ALL OF SOMERSET HILLS LEARNING INSTITUTE'S PROGRAMS 100,000
    SOMERSET HILLS LEARNING INSTITUTE
    1810 BURNT MILLS ROAD
    BEDMINSTER,NJ07921     		  PC GENERAL OPERATING SUPPORT 100,000
    SOMERSET HILLS LEARNING INSTITUTE
    1810 BURNT MILLS ROAD
    BEDMINSTER,NJ07921     		  PC CENTER FOR CAREER ADVANCEMENT AND THREE MEADOWS FARM 50,000
    SPOLETO FESTIVAL USA
    14 GEORGE ST
    CHARLESTON,SC29401     		  PC RHIANNON GIDDENS/OMAR IBN SAID OPERA PROJECT 25,000
    STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION
    2361 HYLAN BLVD
    STATEN ISLAND,NY10306     		  PC GENERAL OPERATING SUPPORT 5,000
    SUNRISE ASSOCIATION
    15 NEIL COURT
    OCEANSIDE,NY11572     		  PC SCHOLARSHIPS AND GENERAL OPERATING SUPPORT 150,000
    SUNRISE ASSOCIATION
    15 NEIL COURT
    OCEANSIDE,NY11572     		  PC GENERAL OPERATING SUPPORT 50,000
    SUNRISE ASSOCIATION
    15 NEIL COURT
    OCEANSIDE,NY11572     		  PC GENERAL OPERATING SUPPORT 10,000
    SYMPHONY SPACE
    2537 BROADWAY
    NEW YORK,NY10025     		  PC SYMPHONY SPACE'S GLOBAL ARTS: CULTURAL LITERACY & HERITAGE PROGRAM 50,000
    THE JOYCE THEATER FOUNDATION INC
    175 EIGHTH AVE
    NEW YORK,NY10011     		  PC THE JOYCE THEATER'S BALLET FESTIVAL 50,000
    THE JUILLIARD SCHOOL
    60 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		  PC TOULMIN SCHOLARS PROGRAM 100,000
    THE JUILLIARD SCHOOL
    60 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		  PC SUPPORT FULL SCHOLARSHIPS FOR TWO VOCAL ARTS STUDENTS UNDER THE TOULMIN SCHOLARS PROGRAM 115,000
    THE NEW 42ND STREET
    229 W 42ND STREET
    NEW YORK,NY10036     		  PC 2019-20 NEW 42ND STREET USHERS CORPS AND FELLOWS CORPS 50,000
    THE PAINTED TURTLE
    1300 4TH STREET
    SANTA MONICA,CA90401     		  PC 2019-2020 NURSING PROGRAM 150,000
    THE PUBLIC THEATER
    425 LAFAYETTE ST
    NEW YORK,NY10003     		  PC WOMEN PLAYWRIGHTS COMMISSIONING PROGRAM - THEATER RFP 30,000
    THE WILDERMAN FUND FOR MATERNAL MENTAL HEALTH INC
    400 TENAFLY ROAD
    TENAFLY,NJ07670     		  PC GENERAL OPERATING SUPPORT 2,500
    VAIL VALLEY FOUNDATION
    PO BOX 6550
    AVON,CO81620     		  PC FEMALE CHOREOGRAPHERS PREMIERE NEW WORKS AT VAIL DANCE FESTIVAL 2019 110,000
    VICTORY GARDENS THEATER
    2433 N LINCOLN AVE
    CHICAGO,IL60614     		  PC WOMEN PLAYWRIGHTS COMMISSIONING PROGRAM - THEATER RFP 30,000
    WATERMAN'S COMMUNITY CENTER
    PO BOX 526
    NORTH HAVEN,ME04853     		  PC THEATER PROGRAMMING 20,000
    WILMA THEATER
    265 S BROAD ST
    PHILADELPHIA,PA19107     		  PC WOMEN PLAYWRIGHTS COMMISSIONING PROGRAM - THEATER RFP 30,000
    YOUTH HAVEN
    5867 WHITAKER ROAD
    NAPLES,FL34112     		  PC THERAPEUTIC CAMPUS: IMPLEMENTING THE NEUROSEQUENTIAL MODEL OF THERAPEUTICS 50,000
    Total .................................bullet 3a 7,238,404
    bApproved for future payment
    AMERICAN OPERA PROJECTS
    138 SOUTH OXFORD STREET
    BROOKLYN,NY11217     		  PC AOP STAFF DIVERSITY GROWTH INITIATIVE 50,000
    BROOKLYN ACADEMY OF MUSIC
    30 LAFAYETTE AVE
    BROOKLYN,NY11217     		  PC BREAKING THE WAVES 50,000
    CHANCES FOR CHILDREN
    1178 ANDERSON AVENUE
    BRONX,NY10452     		  PC CHANCES FOR CHILDREN CLINICAL GROUP AND DYADIC PROGRAM 125,000
    EMMA ALYSON & KATE HANCE FAMILY FOUNDATION
    PO BOX 20795
    FLORAL PARK,NY11002     		  PC GENERAL OPERATING SUPPORT 50,000
    HERE ARTS CENTER
    145 SIXTH AVE
    NEW YORK,NY10013     		  PC PROTOTYPE FESTIVAL 2020-2022 75,000
    HOSPITAL FOR SPECIAL SURGERY
    535 EAST 70TH STREET
    NEW YORK,NY10021     		  PC UNDERSTANDING THE ROLE OF INFLAMMATORY AND IMMUNE CELLS IN ACL GRAFT HEALING AND POST-TRAUMATIC OA 100,000
    ICAHN SCHOOL OF MEDICINE
    ONE GUSTAVE L LEVY PLACE BOX 1049
    NEW YORK,NY10029     		  PC DUBIN BREAST CENTER FAMILY PSYCHOLOGY AND SOCIAL WORK PROGRAM 150,000
    JOE TORRE SAFE AT HOME FOUNDATION
    55 WEST 39TH STREET
    NEW YORK,NY10018     		  PC GENERAL OPERATING SUPPORT 75,000
    LEAD
    5 S MAIN ST
    ALLENTOWN,NJ08501     		  PC GENERAL OPERATING SUPPORT 7,500
    NAPLES THERAPEUTIC RIDING CENTER
    206 RIDGE DRIVE
    NAPLES,FL34108     		  PC GENERAL OPERATING SUPPORT 50,000
    NATIONAL SAWDUST
    80 N 6TH ST
    BROOKLYN,NY11249     		  PC NATIONAL SAWDUST'S PROGRAMS TO SUPPORT FEMALE AND NON-BINARY COMPOSERS 75,000
    NEW YORK CITY BALLET
    DAVID H KOCH THEATER
    NEW YORK,NY10023     		  PC NEW BALLETS BY CHOREOGRAPHERS LAUREN LOVETTE AND PAM TANOWITZ 50,000
    NEW YORK PHILHARMONIC
    10 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		  PC NEW YORK PHILHARMONIC - PROJECT 19 50,000
    OPERA AMERICA
    330 7TH AVE
    NEW YORK,NY10001     		  PC SUPPORT EMERGING FEMALE COMPOSERS 322,150
    PLANNED PARENTHOOD OF SW AND CENTRAL FL
    736 CENTRAL AVENUE
    SARASOTA,FL34236     		  PC PPSWCF PREVENTION OUTREACH EDUCATION SUPPORT 50,000
    SOMERSET HILLS LEARNING INSTITUTE
    1810 BURNT MILLS ROAD
    BEDMINSTER,NJ07921     		  PC OPERATING EXPENSES FOR ALL OF SOMERSET HILLS LEARNING INSTITUTE'S PROGRAMS 50,000
    THE JUILLIARD SCHOOL
    60 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		  PC TOULMIN MENTORSHIP PROGRAM FOR FEMALE COMPOSERS 100,000
    Total .................................bullet 3b 1,429,650
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 10,206  
    4 Dividends and interest from securities....     14 1,766,962  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 7,588,802  
    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 9,365,970 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    9,365,970
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    VIRGINIA B TOULMIN CHARITABLE FOUNDATION
     
    CHARITABLE FOUNDATION III
    EIN:
    13-7385769
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 126,000 94,500   31,500

    TY 2018 GeneralExplanationAttachment
    Name:
    VIRGINIA B TOULMIN CHARITABLE FOUNDATION
     
    CHARITABLE FOUNDATION III
    EIN:
    13-7385769
    Identifier Return Reference Explanation
    TRANSFERS FROM CONTROLLED ENTITIES FORM 990-PF, PART VII-A, LINE 11 NAME OF CONTROLLED ENTITY: VIRGINIA B. TOULMIN IRREVOCABLE TRUSTEMPLOYER ID NO: 61-6399748ADDRESS: 10 WEST SECOND STREET, 26TH FLOOR, DAYTON, OH 45402DESCRIPTION OF TRANSFER: CASH TRANSFERS OF CONTRIBUTION RECEIVABLE FROM TRUST DURING THE YEARAMOUNT OF TRANSFER: NONETOTAL AMOUNT OF TRANSFERS FROM CONTROLLED ENTITIES: $80,000EXCESS BUSINESS HOLDING: NO

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    VIRGINIA B TOULMIN CHARITABLE FOUNDATION
     
    CHARITABLE FOUNDATION III
    EIN:
    13-7385769
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 12,143,167 12,143,167

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    VIRGINIA B TOULMIN CHARITABLE FOUNDATION
     
    CHARITABLE FOUNDATION III
    EIN:
    13-7385769
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITIES 46,470,700 46,470,700

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    VIRGINIA B TOULMIN CHARITABLE FOUNDATION
     
    CHARITABLE FOUNDATION III
    EIN:
    13-7385769
    US Government Securities - End of Year Book Value:

    6,183,075
    US Government Securities - End of Year Fair Market Value:

    6,183,075
    State & Local Government Securities - End of Year Book Value:


    12,568,980
    State & Local Government Securities - End of Year Fair Market Value:


    12,568,980


    TY 2018 InvestmentsOtherSchedule2
    Name:
    VIRGINIA B TOULMIN CHARITABLE FOUNDATION
     
    CHARITABLE FOUNDATION III
    EIN:
    13-7385769
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GLOBAL LONG/SHORT FUND FMV 8,292,257 8,292,257
    LIMITED PARTNERSHIP INTERESTS FMV 6,543,849 6,543,849
    OVERSEAS FUND FMV 5,765,898 5,765,898
    MUTUAL FUNDS/REITS FMV 23,027,237 23,027,237

    TY 2018 LegalFeesSchedule
    Name:
    VIRGINIA B TOULMIN CHARITABLE FOUNDATION
     
    CHARITABLE FOUNDATION III
    EIN:
    13-7385769
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 24,667 0   0


    TY 2018 OtherAssetsSchedule
    Name:
    VIRGINIA B TOULMIN CHARITABLE FOUNDATION
     
    CHARITABLE FOUNDATION III
    EIN:
    13-7385769
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST RECEIVABLE 255,699 248,515 248,515
    CONTRIBUTION RECEIVABLE 163,318 158,340 158,340


    TY 2018 OtherDecreasesSchedule
    Name:
    VIRGINIA B TOULMIN CHARITABLE FOUNDATION
     
    CHARITABLE FOUNDATION III
    EIN:
    13-7385769
    Description Amount
    GAIN/LOSS ON CONTRIBUTION RECEIVABLE 4,978


    TY 2018 OtherExpensesSchedule
    Name:
    VIRGINIA B TOULMIN CHARITABLE FOUNDATION
     
    CHARITABLE FOUNDATION III
    EIN:
    13-7385769
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PARTNERSHIP EXPENSES 0 114,408   0
    OFFICE EXPENSES 6,661 2,664   2,664
    GRANT MANAGEMENT SOFTWARE 10,343 0   10,343


    TY 2018 OtherIncomeSchedule2
    Name:
    VIRGINIA B TOULMIN CHARITABLE FOUNDATION
     
    CHARITABLE FOUNDATION III
    EIN:
    13-7385769
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP INCOME   156,952  


    TY 2018 OtherIncreasesSchedule
    Name:
    VIRGINIA B TOULMIN CHARITABLE FOUNDATION
     
    CHARITABLE FOUNDATION III
    EIN:
    13-7385769
    Description Amount
    UNREALIZED CHANGE IN FAIR VALUE OF INVESTMENTS 1,073,758


    TY 2018 OtherLiabilitiesSchedule
    Name:
    VIRGINIA B TOULMIN CHARITABLE FOUNDATION
     
    CHARITABLE FOUNDATION III
    EIN:
    13-7385769
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED FEDERAL EXCISE TAX 338,095 365,595
    FEDERAL EXCISE TAX PAYABLE 0 10,600


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    VIRGINIA B TOULMIN CHARITABLE FOUNDATION
     
    CHARITABLE FOUNDATION III
    EIN:
    13-7385769
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT AND ADVISORY FEES 1,006,698 1,006,698   0
    INVESTMENT CONSULTANT 109,530 109,530   0
    ADMINISTRATIVE SERVICES 112,000 0   56,000
    CONSULTANTS 157,995 0   157,995


    TY 2018 TaxesSchedule
    Name:
    VIRGINIA B TOULMIN CHARITABLE FOUNDATION
     
    CHARITABLE FOUNDATION III
    EIN:
    13-7385769
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 79,600 0   0
    DEFERRED FEDERAL EXCISE TAX 27,500 0   0