Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 01-01-2019 , and ending 12-31-2019
Name of foundation
Sterling National Bank Charitable Foundation
 
% BEN HIRSH
Number and street (or P.O. box number if mail is not delivered to street address)1133 Westchester Avenue N224
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
White Plains, NY10604
A Employer identification number

32-0103899
B Telephone number (see instructions)

(914) 771-3226
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$2,439,901J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,595 1,595  
4 Dividends and interest from securities... 38,315 38,315  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 219,102
b Gross sales price for all assets on line 6a 1,076,796
7 Capital gain net income (from Part IV, line 2)... 1,076,796
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........ 259,012 1,116,706  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 7,820 0 0 7,820
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 44,167      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 29,761     29,740
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 81,748 0 0 37,560
25 Contributions, gifts, grants paid....... 1,129,774 1,129,774
26 Total expenses and disbursements. Add lines 24 and 25 1,211,522 0 0 1,167,334
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -952,510
b Net investment income (if negative, enter -0-) 1,116,706
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
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 181,308 122,377 122,377
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.......... 7,775 11,372 11,372
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,663,889 Click to see attachment2,306,152 2,306,152
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,852,972 2,439,901 2,439,901
Liabilities 17 Accounts payable and accrued expenses.......... 13,906 46,927
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 13,906 46,927
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 2,839,066 2,392,974
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
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)..... 2,839,066 2,392,974
30 Total liabilities and net assets/fund balances (see instructions). 2,852,972 2,439,901
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
2,839,066
2
Enter amount from Part I, line 27a .....................
2
-952,510
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
506,518
4
Add lines 1, 2, and 3 ..........................
4
2,393,074
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
100
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,392,974
Form 990-PF (2019)
Form 990-PF (2019)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,076,796   0 1,076,796
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,076,796
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,076,796
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))
2018 1,115,202 4,265,182 0.261466
2017 847,256 5,520,487 0.153475
2016 399,020 4,511,059 0.088454
2015 470,539 4,064,599 0.115765
2014 220,813 3,857,358 0.057245
2
Total of line 1, column (d) .....................
2
0.676405
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
0.135281
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
2,902,264
5
Multiply line 4 by line 3......................
5
392,621
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
11,167
7
Add lines 5 and 6........................
7
403,788
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,167,334
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 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 11,167
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 11,167
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 11,167
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 22,539
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 353
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 22,892
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 11,725
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet11,725 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
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
Yes
 
If "Yes," attach the statement required by General Instruction T.Click to see attachment
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)
    bulletDE, NY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    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 addressbullet  
    14
    The books are in care ofbulletBEN HIRSH Telephone no.bullet (914) 771-3226

    Located atbullet1133 Westchester Avenue Suite N224White PlainsNY ZIP+4bullet10604
    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 2019, 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
     
     
    ........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 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?.............
    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 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))?
    (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
    Lucy AmicucciClick to see attachment VP
    1.0     		0 0 0
    1133 Westchester Avenue N224
    White Plains,NY10604
    James BloseClick to see attachment Executive VP, Chairman
    1.0     		0 0 0
    1133 Westchester Avenue N224
    White Plains,NY10604
    June Ann ByrnesClick to see attachment Assistant VP, Sec
    1.0     		0 0 0
    1133 Westchester Avenue N224
    White Plains,NY10604
    Vincent DeLuciaClick to see attachment Executive VP, Dir
    1.0     		0 0 0
    1133 Westchester Avenue N224
    White Plains,NY10604
    Javier EvansClick to see attachment Dir, executive VP
    1.0     		0 0 0
    1133 Westchester Avenue N224
    White Plains,NY10604
    Michael FinnClick to see attachment Dir, Executive VP
    1.0     		0 0 0
    1133 Westchester Avenue N224
    White Plains,NY10604
    Benjamin HirshClick to see attachment Dir,Sr VP,Treas,Chief Acct Off
    1.0     		0 0 0
    1133 Westchester Avenue N224
    White Plains,NY10604
    Jack KopniskyClick to see attachment Dir, Pres
    1.0     		0 0 0
    1133 Westchester Avenue N224
    White Plains,NY10604
    Marissa MackClick to see attachment Officer
    1.0     		0 0 0
    1133 Westchester Avenue N224
    White Plains,NY10604
    Brian EdwardsClick to see attachment dir, executive vp
    1.0     		0 0 0
    1133 westchester avenue n224
    white plains,NY10604
    luis massianiClick to see attachment cfo
    1.0     		0 0 0
    1133 westchester avenue n224
    white plains,NY10604
    Susan HentzeClick to see attachment senior vp, controller
    1.0     		0 0 0
    1133 westchester avenue n224
    white plains,NY10604
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (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
    2,659,073
    b
    Average of monthly cash balances.......................
    1b
    287,388
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,946,461
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,946,461
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    44,197
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,902,264
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    145,113
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    145,113
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    11,167
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,167
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    133,946
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    6,060
    5
    Add lines 3 and 4............................
    5
    140,006
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    140,006
    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
    1,167,334
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,167,334
    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
    11,167
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,156,167
    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 7 140,006
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only.......  
    b Total for prior years:2017, 2016, 2015  
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 30,131
    b From 2015...... 271,389
    c From 2016...... 178,093
    d From 2017...... 577,386
    e From 2018...... 904,943
    fTotal of lines 3a through e........ 1,961,942
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 1,167,334
    a Applied to 2018, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2019 distributable amount..... 140,006
    e Remaining amount distributed out of corpus 1,027,328
    5 Excess distributions carryover applied to 2019.    
    (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 2,989,270
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		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) .......     		 
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		30,131
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		2,959,139
    10 Analysis of line 9:
    a Excess from 2015.... 271,389
    b Excess from 2016.... 178,093
    c Excess from 2017.... 577,386
    d Excess from 2018.... 904,943
    e Excess from 2019.... 1,027,328
    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....... 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) 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.)
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Sterling National Bank Char Fdn
    1133 Westchester Avenue Suite N224
    White Plains,NY10604
    (914) 771-3226
    bThe form in which applications should be submitted and information and materials they should include:
    https://fsrequests.com/sterling
    cAny submission deadlines:
    https://fsrequests.com/sterling
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    https://fsrequests.com/sterling
    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)
    aPaid during the year
    ABANDONED ANGELS COCKER SPANIEL RESCUE INC
    PO BOX 545426
    FLUSHING,NY11354     		N/A PC General & Unrestricted 25
    ABBOTT HOUSE
    100 N BROADWAY
    IRVINGTON,NY10533     		N/A PC Promising Futures 5,000
    ACCION EAST INC
    80 MAIDEN LN RM 903
    NEW YORK,NY10038     		N/A PC 2020 New York Small Business Lending & Education Program 10,000
    ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI
    425 BROADHOLLOW RD STE 327
    MELVILLE,NY11747     		N/A PC General & Unrestricted 205
    ALZHEIMERS DISEASE RESEARCH FOUNDATION - CURE ALZH
    34 WASHINGTON ST STE 310
    WELLESLEY HILLS,MA02481     		N/A PC General & Unrestricted 100
    AMERICAN CANCER SOCIETY
    132 W 32ND ST
    NEW YORK,NY10001     		N/A PC General & Unrestricted 53
    AMERICAN CANCER SOCIETY
    1851 OLD CUTHBERT RD
    CHERRY HILL,NJ08034     		N/A PC General & Unrestricted 100
    AMERICAN CORPORATE PARTNERS
    140 E 45TH ST FL 19
    NEW YORK,NY10017     		N/A PC American Corporate Partners Veteran Mentoring Program 10,000
    AMERICAN HEART ASSOCIATION INC
    125 E BETHPAGE RD STE 100
    PLAINVIEW,NY11803     		N/A PC General & Unrestricted 100
    AMERICAN HEART ASSOCIATION INC
    10 E 40TH ST 11TH FL
    NEW YORK,NY10016     		N/A PC General & Unrestricted 170
    AMERICAN HEART ASSOCIATION INC - AMERICAN STROKE A
    7272 GREENVILLE AVE
    DALLAS,TX75231     		N/A PC General & Unrestricted 50
    AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO
    424 E 92ND ST
    NEW YORK,NY10128     		N/A PC General & Unrestricted 216
    ANTIGUA & BARBUDA STUDENT ASSOCIATION-USA INC
    17 SPRING BROOK RD
    NANUET,NY10954     		N/A PC General & Unrestricted 3,000
    ARCHCARE COMMUNITY SERVICES INC
    205 LEXINGTON AVE 2N FLR
    NEW YORK,NY10016     		N/A SO II Parish Health and Wellness Education and Outreach Program 25,000
    ASPERGER SYNDROME AND HIGH FUNCTIONING AUTISM ASSO
    330 BROADWAY
    AMITYVILLE,NY11701     		N/A PC General & Unrestricted 25
    ASSOCIATION OF THE BAR OF THE CITY OF NEW YORK FUN
    42 W 44TH ST
    NEW YORK,NY10036     		N/A PC Veterans Financial Literacy Initiative (VFLI) 5,000
    BEDFORD STUYVESANT RESTORATION CORPORATION
    1368 FULTON ST
    BROOKLYN,NY11216     		N/A PC Economic Solutions Center's Workforce Development 5,000
    BENTLEY UNIVERSITY
    175 FOREST ST
    WALTHAM,MA02452     		N/A PC General & Unrestricted 100
    BIG BROTHERS AND BIG SISTERS OF NEW YORK CITY INC
    40 RECTOR ST 11TH FL
    NEW YORK,NY10006     		N/A PC Big Brothers Big Sisters of New York City's (BBBS of NYC) College Success Program 10,000
    BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATI
    505 8TH AVE 5TH FL
    NEW YORK,NY10018     		N/A PC Street to Home and Transitional Housing 10,000
    BRONX NEIGHBORHOOD HOUSING SERVICES CDC INC
    1451 E GUN HILL RD 2ND FL
    BRONX,NY10469     		N/A PC Bronx NHS Home Ownership Program 10,000
    BUSINESSES UNITED IN INVESTING LENDING AND DEVELOP
    2385 BAY RD
    REDWOOD CITY,CA94063     		N/A PC Building Strong Futures Through Mentoring in NYC Schools 10,000
    CENTER FOR CHILDRENS ADVOCACY INC
    65 ELIZABETH ST
    HARTFORD,CT06105     		N/A PC General & Unrestricted 31
    CHARITY NAVIGATOR
    139 HARRISTOWN RD STE 201
    GLEN ROCK,NJ07452     		N/A PC General & Unrestricted 25
    CHILDREN'S DYSLEXIA CENTERS INC - CHILDREN'S DYS
    1700 TOMLINSON RD
    PHILADELPHIA,PA19116     		N/A PC General & Unrestricted 250
    CHILDRENS MIRACLE NETWORK
    205 W 700 S
    SALT LAKE CTY,UT84101     		N/A PC General & Unrestricted 100
    COLLEGE OF WESTCHESTER CHARITABLE FOUNDATION INC
    325 CENTRAL AVE
    WHITE PLAINS,NY10606     		N/A PC 2019-2020 Sterling National Bank Scholarship fund 5,000
    COMMUNITIES FOUNDATION OF TEXAS
    5500 CARUTH HAVEN LN
    DALLAS,TX75225     		N/A PC General & Unrestricted 1,049
    COMMUNITY BASED SERVICES INC
    3 FIELDS LN
    NORTH SALEM,NY10560     		N/A PC Workforce Development Program 5,000
    COMMUNITY CAPITAL NEW YORK INC
    44 EXECUTIVE BLVD 2ND FL
    ELMSFORD,NY10523     		N/A PC Small Business Program 15,000
    COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND I
    2100 MIDDLE COUNTRY RD
    CENTEREACH,NY11720     		N/A PC CDCLI Pathways to Economic Success 25,000
    COMMUNITY HOUSING INNOVATIONS INC
    75 S BROADWAY STE 340
    WHITE PLAINS,NY10601     		N/A PC Homeownership Counseling, Education & Grants Assistance Program 7,500
    COOKE SCHOOL AND INSTITUTE
    475 RIVERSIDE DR STE 730
    NEW YORK,NY10115     		N/A PC General & Unrestricted 100
    COOKE SCHOOL AND INSTITUTE
    475 RIVERSIDE DR STE 730
    NEW YORK,NY10115     		N/A PC Transition to Life Program 15,000
    DARTMOUTH-HITCHCOCK HEALTH
    1 MEDICAL CENTER DR
    LEBANON,NH03756     		N/A PC General & Unrestricted 100
    DOE FUND INC
    232 E 84TH ST
    NEW YORK,NY10028     		N/A PC Ready, Willing & Able 10,000
    DOMINICAN COLLEGE OF BLAUVELT N Y
    470 WESTERN HWY
    ORANGEBURG,NY10962     		N/A PC Charge Toward Success Program 10,000
    DONORSCHOOSE ORG
    134 W 37TH ST 11TH FL
    NEW YORK,NY10018     		N/A PC General & Unrestricted 50
    ECONOMIC OPPORTUNITY COUNCIL OF SUFFOLK INC
    31 W MAIN ST 3RD FL
    PATCHOGUE,NY11772     		N/A PC College Tour 10,000
    ENTERTAINMENT INDUSTRY FOUNDATION
    10880 WILSHIRE BLVD STE 1400
    LOS ANGELES,CA90024     		N/A PC General & Unrestricted 25
    EPIC LONG ISLAND INC
    1500 HEMPSTEAD TPKE
    EAST MEADOW,NY11554     		N/A PC Community Education and Outreach Program 10,000
    ERHS PTA INC
    411 E 76TH ST
    NEW YORK,NY10021     		N/A PC General & Unrestricted 155
    EXPLORING THE ARTS INC
    34-12 36TH ST NO 2-100
    ASTORIA,NY11106     		N/A PC Summer Arts Institute 5,000
    FAIRFIELD UNIVERSITY
    1073 N BENSON RD
    FAIRFIELD,CT06824     		N/A PC General & Unrestricted 500
    FAMILY SERVICE LEAGUE INC
    790 PARK AVE
    HUNTINGTON,NY11743     		N/A PC Brentwood Community School 5,000
    FAMILY SERVICE SOCIETY OF YONKERS
    30 S BROADWAY 5TH FL
    YONKERS,NY10701     		N/A PC Literacy Support Programs 10,000
    FEEDING WESTCHESTER INC
    200 CLEARBROOK RD
    ELMSFORD,NY10523     		N/A PC General & Unrestricted 50
    FEEDING WESTCHESTER INC
    200 CLEARBROOK RD
    ELMSFORD,NY10523     		N/A PC Child Focused Distribution Programs 5,000
    FISHER HOUSE FOUNDATION INC
    12300 TWINBROOK PKWY STE 410
    ROCKVILLE,MD20852     		N/A PC Sterling National Bank Employee Matching Gifts for Sterling Fundraising Project 1,778
    FORDHAM UNIVERSITY
    45 COLUMBUS AVE 8TH FL
    NEW YORK,NY10023     		N/A PC Project TRUE 15,000
    FOUNDATION FIGHTING BLINDNESS
    80 BROAD ST STE 3301
    NEW YORK,NY10004     		N/A PC General & Unrestricted 100
    FRIENDS OF AMBLER FARM INC
    PO BOX 7442
    WILTON,CT06897     		N/A PC General & Unrestricted 1,500
    FULLER CENTER FOR HOUSING INC
    701 S MARTIN LUTHER KING JR BLVD
    AMERICUS,GA31719     		N/A PC Homeownership Financial Literacy 10,000
    GREATER JAMAICA DEVELOPMENT CORP
    90-04 161ST ST STE 704
    JAMAICA,NY11432     		N/A PC GJDC Business Support-Community Events and Canvassing 10,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    125 WASHINGTON ST
    NEWBURGH,NY12550     		N/A PC The William Street Corridor Project 10,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    643 MIDDLE COUNTRY RD
    MIDDLE ISLAND,NY11953     		N/A PC Habitat Suffolk Home Build 2019-20 25,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    PO BOX 329
    SPRING VALLEY,NY10977     		N/A PC Financial and homeownership Literacy Program 10,000
    HOUR CHILDREN INC
    36-11 12TH ST
    LONG ISLAND CITY,NY11106     		N/A PC Hour Working Women Re-Entry Program/Hour Child Care Programs 15,000
    HOUSING HELP INC
    91-101 BROADWAY
    GREENLAWN,NY11740     		N/A PC Mobile Financial Literacy for New Americans (Immigrants and Refugees) 5,000
    INTREPID FALLEN HEROES FUND
    ONE INTREPID SQ-W 46TH ST 12TH AVE
    NEW YORK,NY10036     		N/A PC Sterling National Bank Matching Gifts for Sterling Fundraising Project 1,933
    JCC OF MID WESTCHESTER INC
    999 WILMOT RD
    SCARSDALE,NY10583     		N/A PC General & Unrestricted 1,000
    JDRF INTERNATIONAL
    26 BROADWAY 14TH FL
    NEW YORK,NY10004     		N/A PC General & Unrestricted 360
    JUNIOR ACHIEVEMENT OF NEW YORK
    420 LEXINGTON AVE RM 205
    NEW YORK,NY10170     		N/A PC General & Unrestricted 3,719
    JUNIOR ACHIEVEMENT OF NEW YORK
    420 LEXINGTON AVE RM 205
    NEW YORK,NY10170     		N/A PC Financial Literacy Programming for K-12 Students throughout New York City, Long Island and the Lower Hudson Valley 50,000
    LA FUERZA UNIDA INC
    40 GLEN ST STE 1
    GLEN COVE,NY11542     		N/A PC Housing Counseling 5,000
    LEGAL SERVICES OF THE HUDSON VALLEY
    90 MAPLE AVE
    WHITE PLAINS,NY10601     		N/A PC Homelessness Prevention Project 5,000
    LEUKEMIA & LYMPHOMA SOCIETY INC - NEW YORK CITY C
    61 BROADWAY STE 400
    NEW YORK,NY10006     		N/A PC General & Unrestricted 200
    LEVITICUS 25-23 ALTERNATIVE FUND INC
    220 WHITE PLAINS RD STE 125
    TARRYTOWN,NY10591     		N/A PC Affordable and Supportive Housing Lending 25,000
    LOCAL INITIATIVES SUPPORT CORPORATION
    28 LIBERTY ST 34TH FL
    NEW YORK,NY10005     		N/A PC Affordable Housing Initiative 10,000
    LONG ISLAND CADDIE SCHOLARSHIP FUND INC
    49 KNOLLWOOD RD
    ELMSFORD,NY10523     		N/A PC Long Island Caddie Scholarship Fund 10,000
    LONG ISLAND CARES INC
    10 DAVIDS DR
    HAUPPAUGE,NY11788     		N/A PC Long Island Cares' VetsWork Program 10,000
    LONG ISLAND GAY AND LESBIAN YOUTH INC
    125 KENNEDY DR STE 100
    HAUPPAUGE,NY11788     		N/A PC Pathways to Pride Financial Literacy Workshop Series 5,000
    LONG ISLAND HOUSING PARTNERSHIP INC
    180 OSER AVE
    HAUPPAUGE,NY11788     		N/A PC Pre-Purchase Education and Fair Housing Initiatives Program 25,000
    MANHATTAN COLLEGE
    3846 ELEANOR DR
    MOHEGAN LAKE,NY10547     		N/A PC General & Unrestricted 100
    MARC LUSTGARTEN PANCREATIC CANCER FOUNDATION
    415 CROSSWAYS PARK DR STE D
    WOODBURY,NY11797     		N/A PC General & Unrestricted 122
    MEMORIAL SLOAN-KETTERING CANCER CENTER
    885 2ND AVE 7TH FL
    NEW YORK,NY10017     		N/A PC General & Unrestricted 415
    MERCY COLLEGE
    555 BROADWAY
    DOBBS FERRY,NY10522     		N/A PC Saturday STEM Academy, a program of the Center for STEM Education at Mercy College 5,000
    MOUNT SAINT DOMINIC ACADEMY
    3 RYERSON AVE
    CALDWELL,NJ07006     		N/A PC General & Unrestricted 200
    MY HOPES IN YOU SMALL ANIMAL RESCUE INC
    806 FREEDOM PLAINS RD 808
    POUGHKEEPSIE,NY12603     		N/A PC General & Unrestricted 30
    NASSAU BAR FOUNDATION INC
    15TH AND W STREETS
    MINEOLA,NY11501     		N/A PC Mortgage Foreclosure Project 3,000
    NATIONAL COMMUNITY REINVESTMENT COALITION INC
    740 15TH ST NW STE 400
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 50,000
    NATIONAL COMMUNITY REINVESTMENT COALITION INC
    740 15TH ST NW STE 400
    WASHINGTON,DC20005     		N/A PC to cover some of the costs of activities directly benefiting the GROWTH Initiative 50,000
    NATIONAL FOUNDATION FOR TEACHING ENTREPRENEURSHIP
    70 W RED OAK LN
    WHITE PLAINS,NY10604     		N/A PC General & Unrestricted 500
    NATIONAL FOUNDATION ON FITNESS SPORTS AND NUTRITIO
    914 CREST PARK DR
    SILVER SPRING,MD20903     		N/A PC College Scholarship fund for LMI communities in the NYC & Long Island areas 5,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    733 3RD AVE
    NEW YORK,NY10017     		N/A PC General & Unrestricted 75
    NEIGHBORHOOD HOUSING SERVICES OF NEW YORK CITY INC
    307 W 36TH ST 12 FL
    NEW YORK,NY10018     		N/A PC Affordable Homeownership for Everyone Program 25,000
    NEIGHBORHOOD HOUSING SERVICES OF QUEENS CDC INC
    60-20 WOODSIDE AVE 2ND FL
    WOODSIDE,NY11377     		N/A PC Comprehensive Workforce Resource Assistance Program (C-WRAP) 15,000
    NETWORK FOR TEACHING ENTREPRENEURSHIP
    120 WALL ST 18TH FL
    NEW YORK,NY10005     		N/A PC Entrepreneurship in Every School 5,000
    NEW DESTINY HOUSING CORPORATION
    12 W 37TH ST 7TH FL
    NEW YORK,NY10018     		N/A PC General & Unrestricted 1,500
    NEW DESTINY HOUSING CORPORATION
    12 W 37TH ST 7TH FL
    NEW YORK,NY10018     		N/A PC New Destiny Housing Service-Enriched Affordable Housing and Family Support Program 25,000
    NEW JERSEY CHAMBER OF COMMERCE FOUNDATION
    216 W STATE ST 3RD FL
    TRENTON,NJ08608     		N/A PC Jobs for New Jersey's Graduates 10,000
    NEW JERSEY CITIZEN ACTION EDUCATION FUND INC
    625 BROAD ST STE 270
    NEWARK,NJ07102     		N/A PC 2019 New Jersey Financial Empowerment Projects 10,000
    NEW JERSEY COMMUNITY DEVELOPMENT CORPORATION INC
    32 SPRUCE ST 3RD FL
    PATERSON,NJ07501     		N/A PC Paterson Youth Council 15,000
    NEW YORK MORTGAGE COALITION INC
    85 BROAD ST 17TH FL
    NEW YORK,NY10004     		N/A PC NYMC Homeownership Counseling Program 40,000
    NORTHFIELD COMMUNITY LDC OF STATEN ISLAND INC
    160 HEBERTON AVE
    STATEN ISLAND,NY10302     		N/A PC Northfield Community's Financial Literacy Counseling Program 3,000
    NRHS AOF INC
    106 HAMMOND RD
    THIELLS,NY10984     		N/A PC Academy of Finance 5,000
    NYSARC INC
    25 HEMLOCK DR
    CONGERS,NY10920     		N/A PC Master's Degree Program in Liberal Studies with a concentration in Leadership and Human Services at Stony Brook University 10,000
    PACE UNIVERSITY
    1 PACE PLZ
    NEW YORK,NY10038     		N/A PC Educational Seminar Series 5,000
    PAN LONG ISLAND CHALLENGE INC
    1366 ODELL ST
    WANTAGH,NY11793     		N/A PC General & Unrestricted 100
    PLANNED PARENTHOOD FEDERATION OF AMERICA INC
    123 WILLIAMS ST 10TH FL
    NEW YORK,NY10038     		N/A PC General & Unrestricted 100
    PORT CHESTER CARVER CENTER INC
    400 WESTCHESTER AVE
    PORT CHESTER,NY10573     		N/A PC Carver Center After School Program 5,000
    PROSTATE CANCER FOUNDATION
    1250 4TH ST
    SANTA MONICA,CA90401     		N/A PC General & Unrestricted 100
    PTA NEW YORK CONGRESS
    60 MILL RD
    EASTCHESTER,NY10709     		N/A PC General & Unrestricted 30
    QSAC INC
    253 W 35TH ST
    NEW YORK,NY10001     		N/A PC General & Unrestricted 15,100
    QUEENS COUNCIL ON THE ARTS INC
    28-18 STEINWAY ST
    ASTORIA,NY11103     		N/A PC LMI High School Students to Art School-Portfolio Development Program 10,000
    ROCKLAND CENTER FOR THE ARTS INC
    27 S GREENBUSH RD
    WEST NYACK,NY10994     		N/A PC Summer Arts Camp Scholarship fund at Rockland Center for the Arts 3,000
    ROMAN CATHOLIC CHURCH OF ST BRIGIDS
    75 POST AVE
    WESTBURY,NY11590     		N/A PC General & Unrestricted 250
    SANDY HOOK PROMISE FOUNDATION
    PO BOX 3489
    NEWTOWN,CT06470     		N/A PC General & Unrestricted 50
    SCO FOUNDATION
    1 ALEXANDER PL
    GLEN COVE,NY11542     		N/A SO I General & Unrestricted 1,000
    SERVICE CORPS OF RETIRED EXECUTIVES ASSOCIATION
    1175 HERNDON PKWY STE 900
    HERNDON,VA20170     		N/A PC Small Business Education Program 5,000
    SETON HALL UNIVERSITY
    457 CENTRE ST
    South Orange,NJ07079     		N/A PC General & Unrestricted 500
    SOLEBURY SCHOOL
    6832 PHILLIPS MILL RD
    NEW HOPE,PA18938     		N/A PC General & Unrestricted 250
    SPECIAL KIDS FUND INC
    111 AUTUMN RD
    LAKEWOOD,NJ08701     		N/A PC General & Unrestricted 50
    ST BALDRICKS FOUNDATION INC
    1333 S MAYFLOWER AVE STE 400
    MONROVIA,CA91016     		N/A PC General & Unrestricted 131
    ST BONAVENTURE UNIVERSITY BUSINESS OFFICE - HOPKIN
    3261 W STATE RD
    ST BONAVENTURE,NY14778     		N/A PC General & Unrestricted 1,000
    ST ELIZABETH SETON CHILDRENS FOUNDATION LTD
    300 CORPORATE BLVD S
    YONKERS,NY10701     		N/A PC Sculpture Garden: a place for growth, learning and connectivity 10,000
    ST THOMAS AQUINAS COLLEGE
    RTE 340
    SPARKILL,NY10976     		N/A PC Sterling National Bank Commemorative Scholarship fund and Sterling Bloomberg Lab 50,000
    SUNNYSIDE COMMUNITY SERVICES INC
    43-31 39TH ST
    LONG ISLAND CITY,NY11104     		N/A PC The SCS Cornerstone Program at the Woodside Houses 5,000
    SUNRISE DAY CAMPS ASSOCIATION INC
    15 NEIL CT
    OCEANSIDE,NY11572     		N/A PC General & Unrestricted 200
    SUNRISE DAY CAMPS ASSOCIATION INC
    15 NEIL CT
    OCEANSIDE,NY11572     		N/A PC Sunrise Pearl River-STEAM Makerspace Program 20,000
    THE BROOKLYN HISTORICAL SOCIETY
    128 PIERREPONT ST
    BROOKLYN,NY11201     		N/A PC Youth Engagement Programs Serving LMI Teens 5,000
    THE CENTER FOR NEW YORK CITY
    17 BATTERY PL STE 728
    NEW YORK,NY10004     		N/A PC Homeowner Scam Prevention Program 10,000
    THE CHILD CENTER OF NY INC
    11835 QUEENS BLVD
    FOREST HILLS,NY11375     		N/A PC Steps to Success 20,000
    THE DISABILITY FUND INC
    265 SUNRISE HWY STE 45
    ROCKVILLE CTR,NY11570     		N/A PC DOF T.E.A.C.H. Program 15,000
    THE MARFAN FOUNDATION INC
    22 MANHASSET AVE
    PORT WASHINGTON,NY11050     		N/A PC General & Unrestricted 52
    THE SAFE CENTER LI INC
    15 GRUMMAN RD W STE 1000
    BETHPAGE,NY11714     		N/A PC School-Based Education & Prevention Programs 10,000
    THE YOUNG MENS AND YOUNG WOMENS HEBREW ASSOCIATION
    1395 LEXINGTON AVE
    NEW YORK,NY10128     		N/A PC 92Y Center for Arts Learning & Leadership (CALL) 15,000
    TRINITY EPISCOPAL SCHOOLS CORPORATION
    139 W 91ST ST
    NEW YORK,NY10024     		N/A PC General & Unrestricted 1,500
    UNION ACADEMY FOUNDATION
    675 N M L KING JR BLVD
    MONROE,NC28110     		N/A PC General & Unrestricted 50
    UNITED CEREBRAL PALSY ASSOCIATION OF GREATER SUFFO
    250 MARCUS BLVD
    HAUPPAUGE,NY11788     		N/A PC General & Unrestricted 1,800
    UNITED CEREBRAL PALSY ASSOCIATION OF GREATER SUFFO
    250 MARCUS BLVD
    HAUPPAUGE,NY11788     		N/A PC United Cerebral Palsy of Long Island's Partners For Transition Program 15,000
    UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTH
    PO BOX 4227
    NEW YORK,NY10261     		N/A PC General & Unrestricted 500
    UNITED STATES HOLOCAUST MEMORIAL MUSEUM
    100 RAOUL WALLENBERG PL SW
    WASHINGTON,DC20024     		N/A PC General & Unrestricted 100
    UNITED VETERANS BEACON HOUSE INC
    1715 UNION BLVD
    BAYSHORE,NY11706     		N/A PC Fiscal Literacy Work Shop 25,000
    UNITED WAY OF NEW YORK CITY
    205 E 42ND ST
    NEW YORK,NY10017     		N/A PC ReadNYC - community engagement and promotion 10,000
    UNIVERSITY NEIGHBORHOOD HOUSING PROGRAM INC
    2751 GRAND CONCOURSE
    BRONX,NY10468     		N/A PC Northwest Bronx Resource Center 5,000
    UNIVERSITY OF RICHMOND
    110 UR DR
    RICHMOND,VA23173     		N/A PC General & Unrestricted 1,500
    UPPER VALLEY STEWARDSHIP CENTER - MOUNTAIN VALLEY
    PO BOX 175
    HAVERHILL,NH03765     		N/A PC General & Unrestricted 500
    URBAN PATHWAYS INC
    575 8TH AVE 16TH FLR
    NEW YORK,NY10018     		N/A PC Urban Pathways' Housing and Services for Homeless Adults in New York City 5,000
    VOLUNTEER SERVICE BUREAU OF WESTCHESTER INC
    220 WHITE PLAINS RD 2ND FL
    TARRYTOWN,NY10591     		N/A PC Mobilizing Sterling National Volunteers to Meet Community Needs 7,500
    WEST VIRGINIA PUBLIC THEATRE
    PO BOX 6082
    MORGANTOWN,WV26506     		N/A PC General & Unrestricted 500
    WESTCHESTER GOLF ASSOCIATION CADDIE SCHOLARSHIP FU
    49 KNOLLWOOD RD
    ELMSFORD,NY10523     		N/A PC Westchester Golf Association Caddie Scholarship Fund 5,000
    WOMENS ENTERPRISE DEVELOPMENT CENTER INC
    901 N BROADWAY
    WHITE PLAINS,NY10603     		N/A PC Small Business Training Programs and Services 10,000
    WOODSIDE ON THE MOVE INC
    39-42 59TH ST
    WOODSIDE,NY11377     		N/A PC Affordable Housing and Community Residents Education 5,000
    WORKING IN SUPPORT OF EDUCATION
    227 E 56TH ST
    NEW YORK,NY10022     		N/A PC W!se Institute 10,000
    YEAR UP INC - NEW YORK
    85 BROAD ST 6TH FL
    NEW YORK,NY10004     		N/A PC Opportunity Youth Professional Skills Training 5,000
    YESHIVAS OHR REUVEN
    259 GRANDVIEW AVE
    SUFFERN,NY10901     		N/A PC to cover some of the costs of activities directly benefiting the Matching Gift 1,300
    YOUNG INDIAN CULTURE GROUP INC
    999 HERRICKS RD
    NEW HYDE PARK,NY11040     		N/A PC General & Unrestricted 500
    YOUNG MENS CHRISTIAN ASSOCIATION OF GREATER NEW YO
    5 W 63RD ST 6TH FL
    NEW YORK,NY10023     		N/A PC Youth Service 5,000
    YOUNG MENS CHRISTIAN ASSOCIATION OF LONG ISLAND IN
    121 DOSORIS LN
    GLEN COVE,NY11542     		N/A PC General & Unrestricted 1,000
    YOUNG MENS CHRISTIAN ASSOCIATION OF LONG ISLAND IN
    121 DOSORIS LN
    GLEN COVE,NY11542     		N/A PC Financial Assistance fund for 25 Students for 6-weeks of camp, and academic enrichment through Imagination Station, a Summer Learning Loss Prevention Program 25,000
    YOUNG WOMENS CHRISTIAN ASSOCIATION OF THE CITY OF
    50 BROADWAY 22ND FL
    NEW YORK,NY10004     		N/A PC YWCA Girls' Initiatives 2,500
    Total .................................bullet 3a 1,129,774
    bApproved for future payment
    Total .................................bullet 3b  
    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.)
    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 1,595  
    4 Dividends and interest from securities....     14 38,315  
    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 ............     		    18 219,102  
    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)..   259,012  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    259,012
    (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 (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? ...........
    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 (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description