-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
11-01-2019
, and ending
10-31-2020
Name of foundation
GULTON FOUNDATION INC
C/O BREDEFELD & ASSOC PC
Number and street (or P.O. box number if mail is not delivered to street address)
125 MAPLE AVE NO C
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHESTER
,
NJ
07930
A Employer identification number
13-6105207
B
Telephone number (see instructions)
(732) 764-9292
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
4,249,408
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
534
534
4
Dividends and interest from securities
...
90,002
90,002
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
138,721
b
Gross sales price for all assets on line 6a
1,319,130
7
Capital gain net income (from Part IV, line 2)
...
138,721
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
........
229,257
229,257
13
Compensation of officers, directors, trustees, etc.
0
0
0
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
16,875
8,438
8,437
c
Other professional fees (attach schedule)
....
16,099
8,049
8,050
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
3,082
3,082
0
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
250
0
250
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
36,306
19,569
16,737
25
Contributions, gifts, grants paid
.......
457,450
457,450
26
Total expenses and disbursements.
Add lines 24 and 25
493,756
19,569
474,187
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-264,499
b
Net investment income
(if negative, enter -0-)
209,688
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
2
Savings and temporary cash investments
.........
56,714
85,290
85,290
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
3,878,578
3,602,378
4,164,118
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
3,935,292
3,687,668
4,249,408
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
0
16,875
23
Total liabilities
(add lines 17 through 22)
.........
0
16,875
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
3,935,292
3,670,793
27
Paid-in or capital surplus, or land, bldg., and equipment fund
0
0
28
Retained earnings, accumulated income, endowment, or other funds
0
0
29
Total net assets or fund balances
(see instructions)
.....
3,935,292
3,670,793
30
Total liabilities and net assets/fund balances
(see instructions)
.
3,935,292
3,687,668
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
3,935,292
2
Enter amount from Part I, line 27a
.....................
2
-264,499
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
3,670,793
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
3,670,793
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
ACTIVISION BLIZZARD, INC.
2018-07-17
2020-01-17
b
ACTIVISION BLIZZARD, INC.
2018-12-24
2020-01-24
c
ALIBABA GROUP HOLDINGS LTD
2016-06-30
2020-01-17
d
AMEREN CORP.
2018-09-07
2020-07-09
e
AMEREN CORP.
2018-09-07
2020-10-27
AMEREN CORP.
2018-09-07
2020-01-17
AMERICAN TOWER CORP.
2018-11-14
2020-01-17
AMERICAN TOWER CORP.
2018-12-24
2020-07-09
AMERICAN WATER WORKS CO
2018-03-01
2020-01-17
AMERICAN WATER WORKS CO
2018-03-01
2020-07-09
AMERICAN WATER WORKS CO
2018-03-01
2020-01-23
AMERICAN WATER WORKS CO
2018-03-01
2020-10-27
AMPHENOL CORP.
2019-09-16
2020-07-09
APPLE INC
2016-05-13
2020-01-17
BANK OF AMERICA CORP.
2019-01-29
2020-01-24
BANK OF AMERICA CORP.
2019-01-29
2020-07-09
BANK OF AMERICA CORP.
2019-01-29
2020-01-17
BANK OF AMERICA CORP.
2019-01-30
2020-07-09
BANK OF AMERICA CORP.
2019-01-30
2020-10-27
BAXTER INTERNATIONAL, INC.
2019-01-31
2019-11-13
BAXTER INTERNATIONAL, INC.
2019-01-31
2019-11-01
BAXTER INTERNATIONAL, INC.
2019-01-31
2019-11-13
BLACKSTONE GROUP, INC.
2020-01-23
2020-10-27
BLACKSTONE GROUP, INC.
2020-01-23
2020-07-09
BOOKING HOLDINGS INC
2017-01-27
2020-01-23
CHARTER COMMUNICATIONS, INC.
2019-11-06
2020-07-09
CHUBB LIMITED
2017-01-25
2020-10-27
CHUBB LIMITED
2017-01-25
2020-01-17
CHUBB LIMITED
2017-01-25
2020-01-24
CHUBB LIMITED
2017-01-25
2020-02-11
CHUBB LIMITED
2017-01-25
2020-03-02
CINTAS CORP.
2018-01-29
2020-01-17
CINTAS CORP.
2018-03-01
2020-07-09
CITIGROUP INC.
2013-03-21
2020-01-17
CITIGROUP INC.
2013-05-17
2020-01-24
CITIGROUP INC.
2013-05-17
2020-01-17
CITIGROUP INC.
2015-11-13
2020-07-09
CME GROUP, INC.
2018-10-09
2020-01-24
CME GROUP, INC.
2018-10-09
2020-09-04
CME GROUP, INC.
2020-04-06
2020-09-04
CONOCOPHILLIPS
2015-01-20
2020-01-24
CONOCOPHILLIPS
2015-01-20
2020-07-09
CONOCOPHILLIPS
2015-01-20
2020-01-17
CONOCOPHILLIPS
2016-08-26
2020-10-27
CONSUMER STAPLES INDEX FUND
2019-09-10
2019-11-07
CONSUMER STAPLES INDEX FUND
2019-09-11
2019-11-06
DANAHER CORP.
2017-01-13
2020-01-17
DANAHER CORP.
2017-01-13
2020-01-24
DANAHER CORP.
2017-01-13
2020-07-09
DANAHER CORP.
2017-01-13
2020-10-27
DISCOVER FINANCIAL SVCS
2015-10-15
2020-01-17
DISCOVER FINANCIAL SVCS
2015-10-15
2020-01-23
DISCOVER FINANCIAL SVCS
2016-02-10
2020-01-23
DISCOVER FINANCIAL SVCS
2017-12-06
2020-01-23
DISNEY (WALT) HOLDING CO.
2018-10-14
2020-01-17
DISNEY (WALT) HOLDING CO.
2018-10-19
2020-01-24
DISNEY (WALT) HOLDING CO.
2018-10-19
2020-03-02
FACEBOOK, INC.
2019-01-31
2020-01-24
FACEBOOK, INC.
2019-01-31
2020-07-09
FACEBOOK, INC.
2019-01-31
2020-10-27
FIDELITY NATL INFO SVCS
2017-01-30
2020-07-09
FIDELITY NATL INFO SVCS
2017-01-30
2020-10-27
FIDELITY NATL INFO SVCS
2017-01-30
2020-01-17
FORTIVE CO.
2017-05-24
2020-01-17
FORTIVE CO.
2017-07-26
2020-07-09
FORTIVE CO.
2017-07-26
2020-10-27
HEALTH CARE SELECT
2019-11-13
2020-07-09
HEALTH CARE SELECT
2019-11-13
2020-01-17
HEALTH CARE SELECT
2019-11-13
2020-01-24
HEALTH CARE SELECT
2019-11-13
2020-06-05
HEALTH CARE SELECT
2019-11-13
2020-05-04
HILTON WORLDWIDE HOLDINGS
2020-01-23
2020-10-27
HILTON WORLDWIDE HOLDINGS
2020-01-23
2020-07-09
HOME DEPOT
2017-01-25
2020-04-30
HOME DEPOT
2017-01-25
2020-01-17
HOME DEPOT
2017-01-25
2020-07-09
HOME DEPOT
2017-01-25
2020-10-27
IQVIA HOLDINGS, INC.
2019-09-16
2020-07-09
IQVIA HOLDINGS, INC.
2019-09-16
2020-01-17
IQVIA HOLDINGS, INC.
2019-09-16
2020-10-27
LVMH MOET HENNESSY VUITTON
2020-03-02
2020-10-27
MICROSOFT CORP.
2017-02-03
2020-01-24
MICROSOFT CORP.
2017-02-03
2020-10-27
MICROSOFT CORP.
2017-02-03
2020-01-17
MICROSOFT CORP.
2017-02-03
2020-07-09
MSCI, INC.
2019-08-22
2020-02-24
NIKE INC. CL B
2017-01-25
2020-07-09
NIKE INC. CL B
2017-01-25
2020-10-27
NIKE INC. CL B
2017-01-25
2020-01-17
OW CREDIT INCOME FUND
2020-10-01
2020-10-26
OW FIXED INCOME FUND
2015-03-11
2019-11-21
OW FIXED INCOME FUND
2015-03-11
2020-01-23
OW FIXED INCOME FUND
2015-03-11
2020-01-16
OW FIXED INCOME FUND
2015-03-11
2020-10-26
OW LARGE CAP STRATEGIES FD
2012-08-17
2019-11-22
OW LARGE CAP STRATEGIES FD
2012-08-17
2019-11-05
OW LARGE CAP STRATEGIES FD
2013-02-01
2020-10-26
OW LARGE CAP STRATEGIES FD
2013-02-01
2020-01-23
OW LARGE CAP STRATEGIES FD
2013-02-01
2019-11-22
OW LARGE CAP STRATEGIES FD
2013-02-01
2020-01-16
OW MULTI ASSET OPPS FUND
2012-08-17
2019-11-05
OW MULTI ASSET OPPS FUND
2012-08-17
2020-01-23
OW MULTI ASSET OPPS FUND
2012-08-17
2019-11-21
OW MULTI ASSET OPPS FUND
2012-08-17
2020-01-16
OW MULTI ASSET OPPS FUND
2012-08-17
2020-10-01
OW MULTI ASSET OPPS FUND
2012-08-17
2020-04-03
OW MULTI ASSET OPPS FUND
2015-03-18
2020-10-01
OW MULTI ASSET OPPS FUND
2015-03-18
2020-10-01
OW MULTI ASSET OPPS FUND
2016-05-31
2020-10-01
OW MULTI ASSET OPPS FUND
2016-05-31
2020-10-01
OW SMALL & MIDCAP STRAT FUND
2008-10-06
2019-11-05
OW SMALL & MIDCAP STRAT FUND
2008-10-06
2020-01-23
OW SMALL & MIDCAP STRAT FUND
2008-10-06
2019-11-21
OW SMALL & MIDCAP STRAT FUND
2008-10-06
2020-01-16
OW SMALL & MIDCAP STRAT FUND
2008-10-06
2020-10-26
OW SMALL & MIDCAP STRAT FUND
2008-10-06
2020-07-08
PEPSICO, INC.
2015-06-26
2020-07-09
PEPSICO, INC.
2015-06-26
2020-01-17
PEPSICO, INC.
2015-06-26
2020-01-24
PEPSICO, INC.
2017-01-25
2020-10-27
PIONEER NATURAL RESOURCES
2018-06-26
2020-10-27
PIONEER NATURAL RESOURCES
2018-06-26
2020-01-24
ROSS STORES, INC.
2020-04-30
2020-10-27
SAFRAN SA
2018-07-19
2020-01-20
SAFRAN SA
2018-07-20
2020-07-10
SALESFORCE
2018-03-01
2020-01-17
SALESFORCE
2018-03-01
2020-08-17
SALESFORCE
2018-03-01
2020-07-09
SALESFORCE
2018-03-01
2020-10-27
SEA LTD ADR
2020-01-24
2020-07-09
SEA LTD ADR
2020-01-24
2020-10-27
SEA LTD ADR
2020-01-24
2020-06-30
SEA LTD ADR
2020-01-24
2020-08-31
SERVICENOW, INC.
2018-03-01
2020-02-24
SERVICENOW, INC.
2018-03-01
2020-01-17
SERVICENOW, INC.
2018-04-19
2020-02-24
TENCENT HOLDINGS LTD
2019-01-09
2020-10-27
TENCENT HOLDINGS LTD
2019-01-09
2020-01-20
TENCENT HOLDINGS LTD
2019-01-09
2020-07-10
TEXAS INSTRUMENTS, INC.
2019-01-11
2020-01-17
TEXAS INSTRUMENTS, INC.
2019-01-11
2020-07-09
THERMO FISHER SCIENTIFIC
2015-01-20
2020-01-17
THERMO FISHER SCIENTIFIC
2015-01-20
2020-07-09
UNION PACIFIC CORP
2019-07-18
2020-01-17
UNION PACIFIC CORP
2019-07-18
2020-01-24
UNION PACIFIC CORP
2019-07-18
2020-10-27
UNION PACIFIC CORP
2019-07-18
2020-07-09
UNITED HEALTH GROUP, INC.
2018-10-26
2020-01-17
UNITED HEALTH GROUP, INC.
2018-10-26
2020-10-27
VISA, INC.
2017-01-27
2020-10-27
VISA, INC.
2017-01-27
2020-01-17
VISA, INC.
2017-01-27
2020-01-24
VISA, INC.
2017-01-27
2020-07-09
VONTIER CORP.
2017-07-26
2020-10-27
WASTE MANAGEMENT, INC.
2018-12-24
2020-06-26
WASTE MANAGEMENT, INC.
2019-08-16
2020-06-26
WASTE MANAGEMENT, INC.
2020-04-06
2020-06-26
ZOETIS, INC.
2018-01-29
2020-07-09
ZOETIS, INC.
2018-01-29
2020-10-27
ZOETIS, INC.
2018-01-29
2020-01-17
ZOETIS, INC.
2018-01-29
2020-08-17
AMERICAN FUNDS INTERNATIONAL
2015-11-17
2020-01-31
AMERICAN FUNDS INTERNATIONAL
2015-11-17
2020-04-28
AMERICAN FUNDS INTERNATIONAL
2015-11-17
2020-05-15
AMERICAN FUNDS INTERNATIONAL
2015-11-17
2020-09-25
DOUBLELINE TOTAL RET BND
2017-04-12
2020-05-11
DOUBLELINE TOTAL RET BND
2017-07-06
2020-05-11
DOUBLELINE TOTAL RET BND
2017-07-06
2020-08-17
DOUBLELINE TOTAL RET BND
2017-11-20
2020-08-17
DOUBLELINE TOTAL RET BND
2017-11-20
2020-10-21
DOUBLELINE TOTAL RET BND
2018-01-16
2020-10-21
FIDELITY 500 INDEX FUND
2018-02-07
2019-11-21
FIDELITY 500 INDEX FUND
2018-02-07
2020-03-23
FIDELITY 500 INDEX FUND
2018-02-07
2020-03-23
FIDELITY 500 INDEX FUND
2018-02-12
2020-03-23
FIDELITY 500 INDEX FUND
2018-02-12
2020-03-23
FIDELITY 500 INDEX FUND
2018-02-12
2020-09-10
FIDELITY 500 INDEX FUND
2019-01-03
2020-09-10
FIDELITY 500 INDEX FUND
2019-01-03
2020-09-10
FIDELITY 500 INDEX FUND
2019-01-03
2020-10-21
FIDELITY INT'L INDEX-INST PRM
2020-01-31
2020-03-13
ISHARES MSCI EAFENINTL INDEX
2017-05-10
2020-03-13
ISHARES MSCI EAFENINTL INDEX
2017-07-06
2020-03-13
ISHARES MSCI EAFENINTL INDEX
2017-07-06
2020-03-23
JP MORGAN BETABUILDERS EUROPE ETF
2018-08-17
2020-03-23
JP MORGAN BETABUILDERS EUROPE ETF
2018-08-17
2020-10-21
JP MORGAN BETABUILDERS EUROPE ETF
2018-10-29
2020-10-21
JP MORGAN BETABUILDERS EUROPE ETF
2018-10-29
2020-10-21
JP MORGAN BETABUILDERS JAPAN ETF
2018-07-26
2020-02-07
JP MORGAN BETABUILDERS JAPAN ETF
2018-10-24
2020-02-07
JP MORGAN BETABUILDERS JAPAN ETF
2018-10-24
2020-03-13
JP MORGAN GL RES ENH INDEX
2014-12-22
2020-06-18
JP MORGAN GL RES ENH INDEX
2015-08-27
2020-06-18
SCHWAB U.S. TIPS ETF
2018-10-03
2020-03-13
SIX CIRCLES U.S. UNCONSTRAINED EQUITY FUND
2018-10-24
2020-04-28
SIX CIRCLES ULTRA SHORT DURATION FUND
2018-10-24
2020-04-29
SPDR S&P 500 ETF TRUST
2013-07-02
2020-04-28
VANGUARD TOTAL BOND MARKET INDEX FUND
2016-10-26
2020-08-17
VANGUARD TOTAL BOND MARKET INDEX FUND
2016-10-26
2020-09-10
VANGUARD TOTAL BOND MARKET INDEX FUND
2016-10-26
2020-09-23
VANGUARD TOTAL BOND MARKET INDEX FUND
2018-01-17
2020-09-23
VANGUARD TOTAL BOND MARKET INDEX FUND
2018-01-17
2020-10-21
CAPITAL GAINS DIVIDENDS
P
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
891
1,223
-332
b
4,236
3,271
965
c
1,124
372
752
d
366
324
42
e
415
324
91
781
649
132
1,176
807
369
1,340
808
532
634
411
223
653
411
242
670
411
259
766
411
355
483
469
14
1,554
466
1,088
343
296
47
459
592
-133
863
740
123
345
445
-100
495
593
-98
1,568
1,327
241
3,067
2,129
938
4,313
2,927
1,386
541
614
-73
2,153
2,454
-301
1,990
1,561
429
2,649
2,368
281
642
656
-14
755
656
99
764
656
108
816
656
160
1,545
1,313
232
1,423
833
590
1,358
856
502
808
462
346
400
250
150
404
250
154
754
834
-80
1,036
904
132
2,588
2,711
-123
863
840
23
318
310
8
411
620
-209
1,295
1,239
56
327
432
-105
1,821
1,843
-22
4,854
4,905
-51
802
405
397
818
405
413
913
405
508
1,160
405
755
831
558
273
3,798
2,510
1,288
844
925
-81
844
734
110
720
580
140
719
583
136
2,993
2,913
80
1,111
722
389
1,214
722
492
1,389
722
667
687
400
287
718
400
318
720
400
320
1,166
926
240
343
316
27
332
269
63
512
475
37
519
475
44
523
475
48
1,533
1,424
109
1,994
1,899
95
473
556
-83
1,113
1,669
-556
1,090
677
413
1,121
677
444
1,239
677
562
1,402
677
725
715
753
-38
794
753
41
833
753
80
2,495
2,048
447
835
323
512
2,149
646
1,503
3,262
1,292
1,970
4,220
1,292
2,928
3,217
2,317
900
492
266
226
645
266
379
1,026
532
494
3,620
3,620
0
5,086
5,001
85
13,455
13,254
201
26,131
25,764
367
36,359
34,515
1,844
4,267
2,676
1,591
12,285
7,744
4,541
5,409
3,517
1,892
18,229
12,290
5,939
18,877
12,928
5,949
33,761
22,925
10,836
762
730
32
6,549
6,284
265
7,538
7,224
314
9,761
9,403
358
16,673
18,249
-1,576
66,801
88,947
-22,146
1,606
1,868
-262
56,027
65,163
-9,136
5,415
5,798
-383
29,951
32,070
-2,119
3,399
2,255
1,144
6,502
4,225
2,277
8,735
5,769
2,966
10,082
6,602
3,480
17,840
11,136
6,704
24,023
16,889
7,134
670
477
193
694
477
217
710
477
233
696
516
180
426
928
-502
728
928
-200
468
464
4
1,555
1,263
292
2,540
3,155
-615
904
622
282
976
622
354
991
622
369
1,238
622
616
570
223
347
806
223
583
1,060
445
615
1,281
445
836
1,409
684
725
1,521
855
666
352
174
178
364
203
161
512
405
107
664
406
258
645
479
166
1,288
958
330
1,673
630
1,043
1,912
630
1,282
904
869
35
915
869
46
937
869
68
1,700
1,739
-39
1,483
1,318
165
1,646
1,318
328
981
415
566
996
415
581
1,040
415
625
1,961
831
1,130
150
114
36
2,536
2,188
348
1,015
1,170
-155
507
450
57
697
396
301
812
396
416
1,386
792
594
1,585
792
793
6,410
5,414
996
10,000
9,419
581
5,883
5,590
293
11,965
9,710
2,255
32,142
32,569
-427
3,858
3,905
-47
24,208
24,095
113
11,628
11,563
65
20,507
20,437
70
5,514
5,454
60
25,105
21,792
3,313
6,224
6,635
-411
1,128
1,203
-75
8,090
8,546
-456
6,128
6,474
-346
10,312
8,258
2,054
7,469
5,471
1,998
11,255
8,244
3,011
15,133
10,798
4,335
5,025
6,410
-1,385
1,137
1,406
-269
9,869
12,439
-2,570
13,545
19,385
-5,840
12,445
17,866
-5,421
5,800
6,019
-219
4,849
4,700
149
14,125
13,673
452
17,603
17,564
39
2,831
2,568
263
11,354
13,329
-1,975
32,284
29,436
2,848
41,050
35,689
5,361
24,683
23,962
721
11,051
10,084
967
22,121
22,300
-179
23,714
13,303
10,411
79,049
74,807
4,242
50,014
47,371
2,643
6,143
5,818
325
49,559
45,433
4,126
7,884
7,284
600
41,608
41,608
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
-332
b
965
c
752
d
42
e
91
132
369
532
223
242
259
355
14
1,088
47
-133
123
-100
-98
241
938
1,386
-73
-301
429
281
-14
99
108
160
232
590
502
346
150
154
-80
132
-123
23
8
-209
56
-105
-22
-51
397
413
508
755
273
1,288
-81
110
140
136
80
389
492
667
287
318
320
240
27
63
37
44
48
109
95
-83
-556
413
444
562
725
-38
41
80
447
512
1,503
1,970
2,928
900
226
379
494
0
85
201
367
1,844
1,591
4,541
1,892
5,939
5,949
10,836
32
265
314
358
-1,576
-22,146
-262
-9,136
-383
-2,119
1,144
2,277
2,966
3,480
6,704
7,134
193
217
233
180
-502
-200
4
292
-615
282
354
369
616
347
583
615
836
725
666
178
161
107
258
166
330
1,043
1,282
35
46
68
-39
165
328
566
581
625
1,130
36
348
-155
57
301
416
594
793
996
581
293
2,255
-427
-47
113
65
70
60
3,313
-411
-75
-456
-346
2,054
1,998
3,011
4,335
-1,385
-269
-2,570
-5,840
-5,421
-219
149
452
39
263
-1,975
2,848
5,361
721
967
-179
10,411
4,242
2,643
325
4,126
600
41,608
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
138,721
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
Yes
No
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1
Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018
496,639
4,379,048
0.113413
2017
496,386
4,871,570
0.101894
2016
494,073
4,840,760
0.102065
2015
517,408
4,977,829
0.103943
2014
559,166
5,602,833
0.099801
2
Total
of line 1, column (d)
.....................
2
0.521116
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
0.104223
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
4,237,759
5
Multiply line 4 by line 3
......................
5
441,672
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
2,097
7
Add lines 5 and 6
........................
7
443,769
8
Enter qualifying distributions from Part XII, line 4
,.............
8
474,187
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Domestic foundations that meet the section 4940(e) requirements in Part V, check
1
2,097
here
and enter 1% of Part I, line 27b
...................
c
All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
2
0
3
Add lines 1 and 2
...........................
3
2,097
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
2,097
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
3,600
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
0
d
Backup withholding erroneously withheld
...........
6d
0
7
Total credits and payments. Add lines 6a through 6d
..............
7
3,600
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
1,503
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
1,503
Refunded
11
0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition)
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
NY
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
N/A
14
The books are in care of
CO BREDEFELD ASSOC
Telephone no.
(732) 764-9292
Located at
125 MAPLE AVE STE C
CHESTER
NJ
ZIP+4
07930
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1)
Engage in the sale or exchange, or leasing of property with a disqualified person?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
...............
Yes
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
.......
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
........
1b
Organizations relying on a current notice regarding disaster assistance check here
........
c
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2019?
.............
1c
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2019.)
..................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
b
If any answer is "Yes" to 5a(1)–(5), did
any
of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions
......
5b
Organizations relying on a current notice regarding disaster assistance check here
.........
c
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant?
..........
Yes
No
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.....................
Yes
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
Yes
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.................
Yes
No
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1
List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a)
Name and address
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(If not paid, enter
-0-)
(d)
Contributions to employee benefit plans and deferred compensation
(e)
Expense account,
other allowances
MARIAN G MALCOLM
PRESIDENT
5.00
0
0
0
99 OXFORD DRIVE
TENAFLY
,
NJ
07670
JOHN MALCOLM
VICE PRES. & SEC'Y
5.00
0
0
0
2330 BANCROFT PLACE NW
WASHINGTON
,
DC
20008
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
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
NONE
Total
number of others receiving over $50,000 for professional services
.............
0
Part IX-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1
2
3
4
Part IX-B
Summary of Program-Related Investments
(see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
1
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
8
Part X
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
4,179,539
b
Average of monthly cash balances
.......................
1b
122,754
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
4,302,293
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
4,302,293
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
64,534
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
4,237,759
6
Minimum investment return.
Enter 5% of line 5
..................
6
211,888
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
211,888
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
2,097
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
2,097
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
209,791
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
209,791
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
209,791
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
474,187
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
474,187
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
2,097
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
472,090
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
209,791
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
0
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
284,422
b
From 2015
......
272,733
c
From 2016
......
256,699
d
From 2017
......
260,015
e
From 2018
......
284,635
f
Total
of lines 3a through e
........
1,358,504
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
474,187
a
Applied to 2018, 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 2019 distributable amount
.....
209,791
e
Remaining amount distributed out of corpus
264,396
5
Excess distributions carryover applied to 2019.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
1,622,900
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
0
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
0
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
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 2014 not
applied on line 5 or line 7 (see instructions)
...
284,422
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
1,338,478
10
Analysis of line 9:
a
Excess from 2015
....
272,733
b
Excess from 2016
....
256,699
c
Excess from 2017
....
260,015
d
Excess from 2018
....
284,635
e
Excess from 2019
....
264,396
Form
990-PF
(2019)
Form 990-PF (2019)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2019
(b)
2018
(c)
2017
(d)
2016
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
d
Amounts included in line 2c not used directly
for active conduct of exempt activities
..........
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part X, line 6 for each year listed
...
c
“Support" alternative test—enter:
(1)
Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
....
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
(3)
Largest amount of support
from an exempt organization
(4)
Gross investment income
Part XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
b
List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(2019)
Form 990-PF (2019)
Page
11
Part XV
Supplementary Information
(continued)
3
Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
BOYS TOWN WASHINGTON DC
4801 SARGENT RD NE
WASHINGTON
,
DC
20017
EXEMPT
GENERAL OPERATIONS
50,000
CORNERSTONE SCHOOL
10-12 COMMERCE DR
CRANFORD
,
NJ
07016
EXEMPT
GENERAL OPERATIONS
2,500
DOMINGO-CAFRIZ YOUNG ARTIST
2700 F ST NW
WASHINGTON
,
DC
20566
EXEMPT
GENERAL OPERATIONS
5,000
FEDERALIST SOCIETY THE
1776 I STREET NW SUITE 300
WASHINGTON
,
DC
20006
EXEMPT
GENERAL OPERATIONS
30,000
FRACTURED ATLAS
248 W 35TH ST STE 10
NEW YORK
,
NY
10001
EXEMPT
GENERAL OPERATIONS
10,000
FRESH AIR FUND
633 3RD AVE FL 14
NEW YORK
,
NY
10017
EXEMPT
GENERAL OPERATIONS
10,000
FRIENDSHIP CIRCLE
10 MICROLAB RD
LIVINGSTON
,
NJ
07039
EXEMPT
GENERAL OPERATIONS
7,000
GLOUCHESTER INSITUTE
8229 BOONE BLVD STE 365
TYSONS CORNER
,
VA
22182
EXEMPT
GENERAL OPERATIONS
5,000
JCC ON THE PALISADE
411 E CLINTON AVE
TENAFLY
,
NJ
07670
EXEMPT
GENERAL OPERATIONS
17,000
KENNEDY CENTER FOR THE ARTS
2700 F ST NW
WASHINGTON
,
DC
20037
EXEMPT
GENERAL OPERATIONS
15,000
LEGAL SERVICES CORP
3333 K ST NW
WASHINGTON
,
DC
20007
EXEMPT
GENERAL OPERATIONS
8,000
METROPOLITAN MUSEUM OF ART
1000 5TH AVE
NEW YORK
,
NY
10028
EXEMPT
GENERAL OPERATIONS
10,000
NATIONAL DANCE INSTITUTE
217 WEST 147TH ST
NEW YORK
,
NY
10039
EXEMPT
GENERAL OPERATIONS
4,000
NATIONAL GALLERY OF ART
6 TH ST NW
WASHINGTON
,
DC
20004
EXEMPT
GENERAL OPERATIONS
5,000
NY PUBLIC RADIO
160 VARICK ST STE 7
NEW YORK
,
NY
10013
EXEMPT
GENERAL OPERATIONS
2,000
PHILLIPS COLLECTION THE
1600 21ST ST NW
WASHINGTON
,
DC
20009
EXEMPT
GENERAL OPERATIONS
2,000
READY WILLING AND WORKING
1451 PENNSYLVANIA AVE SE
WASHINGTON
,
DC
20003
EXEMPT
GENERAL OPERATIONS
5,000
SIGNATURE THEATER
480 W 42ND ST
NEW YORK
,
NY
10036
EXEMPT
GENERAL OPERATIONS
5,000
ST JUDE CHILDREN'S RESEARCH HOSPITAL
262 DANNY THOMAS PL
MEMPHIS
,
TN
38105
EXEMPT
GENERAL OPERATIONS
5,000
WASHINGTON URBAN DEBATE LEAGUE
PO BOX 6319
WASHINGTON
,
DC
20016
EXEMPT
GENERAL OPERATIONS
10,000
WEEKEND BOOK PARISH FOR HOMELESS KIDS
905 SOUTH MAPLE AVE
GLEN ROCK
,
NJ
07452
EXEMPT
GENERAL OPERATIONS
5,000
WNET
825 8TH AVE
NEW YORK
,
NY
10019
EXEMPT
GENERAL OPERATIONS
50,000
WQXR
160 VARICK ST 8TH FLOOR
NEW YORK
,
NY
10013
EXEMPT
GENERAL OPERATIONS
2,000
WILDLIFE EMERGENCY FUND
1250 24TH STREET NW
WASHINGTON
,
DC
20037
EXEMPT
GENERAL OPERATIONS
100,000
WASHINGTON NATIONAL OPERA
6925 WILLOW SAINT NW
WASHINGTON
,
DC
20007
EXEMPT
GENERAL OPERATIONS
10,000
AARP FOUNDATION
PO BOX 93207
LONG BEACH
,
CA
90809
EXEMPT
GENERAL OPERATIONS
100
BARBER FAMILY FOUNDATION
1 CATAMORE BLVD
EAST PROVIDENCE
,
RI
02914
EXEMPT
GENERAL OPERATIONS
5,000
BARNARD COLLEGE
3009 BROADWAY
NEW YORK
,
NY
10027
EXEMPT
GENERAL OPERATIONS
5,000
COMMUNITY FOOD BANK OF NJ
31 EVANS TERMINAL
HILLSIDE
,
NJ
07205
EXEMPT
GENERAL OPERATIONS
15,000
COMPASSION AND CHOICES
244 5TH AVE
NEW YORK
,
NY
10001
EXEMPT
GENERAL OPERATIONS
250
GOUCHER PRISON EDUCATION PROGRAM
1021 DULANEY VALLEY ROAD
BALTIMORE
,
MD
21204
EXEMPT
GENERAL OPERATIONS
5,000
HNH FOUNDATION
49 S MAIN ST STE 204
CONCORD
,
NH
03301
EXEMPT
GENERAL OPERATIONS
10,000
HOLY NAME MEDICAL CENTER
718 TEANECK RD
TEANECK
,
NJ
07666
EXEMPT
GENERAL OPERATIONS
10,000
NYC BALLET
20 LINCOLN CENTER PLZ
NEW YORK
,
NY
10023
EXEMPT
GENERAL OPERATIONS
17,500
NEW YORK PUBLIC LIBRARY
476 5TH AVE
NEW YORK
,
NY
10018
EXEMPT
GENERAL OPERATIONS
5,000
SGT THOMAS SULLIVAN FUND
65 ELLIOT ST
SPRINGFIELD
,
MA
01102
EXEMPT
GENERAL OPERATIONS
2,500
TENAFLY FIRE ASSOC
100 RIVEREDGE RD
TENAFLY
,
NJ
07670
EXEMPT
GENERAL OPERATIONS
2,500
TENAFLY VOLUNTEER AMBULANCE ASSOC
100 RIVEREDGE RD
TEANECK
,
NJ
07670
EXEMPT
GENERAL OPERATIONS
5,100
Total
.................................
3a
457,450
b
Approved for future payment
Total
.................................
3b
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
534
4
Dividends and interest from securities
....
14
90,002
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
8
Gain or (loss) from sales of assets other than
inventory
............
18
138,721
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
229,257
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
229,257
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form
990-PF
(2019)
Form 990-PF (2019)
Page
13
Part XVII
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description