-
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
07-01-2019
, and ending
06-30-2020
Name of foundation
THE WINSTON FOUNDATION INC
C/O L IPPOLITO (PAUL WEISS ET AL)
Number and street (or P.O. box number if mail is not delivered to street address)
1285 AVENUE OF THE AMERICAS
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK
,
NY
10019
A Employer identification number
13-6161672
B
Telephone number (see instructions)
(212) 373-3000
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)
$
86,501,543
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
4
Dividends and interest from securities
...
1,625,959
1,625,959
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
1,353,779
b
Gross sales price for all assets on line 6a
17,466,633
7
Capital gain net income (from Part IV, line 2)
...
1,353,779
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)
.......
6,034
6,034
12
Total.
Add lines 1 through 11
........
2,985,772
2,985,772
13
Compensation of officers, directors, trustees, etc.
96,000
19,200
76,800
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
11,963
0
11,963
b
Accounting fees (attach schedule)
.......
25,000
12,500
12,500
c
Other professional fees (attach schedule)
....
161,960
161,960
0
17
Interest
...............
47,307
47,307
0
18
Taxes (attach schedule) (see instructions)
...
81,298
0
0
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
159,576
69,108
90,468
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
583,104
310,075
191,731
25
Contributions, gifts, grants paid
.......
4,003,000
4,003,000
26
Total expenses and disbursements.
Add lines 24 and 25
4,586,104
310,075
4,194,731
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-1,600,332
b
Net investment income
(if negative, enter -0-)
2,675,697
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
.........
546,276
549,534
549,534
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)
0
4,799,087
4,953,865
b
Investments—corporate stock (attach schedule)
.......
c
Investments—corporate bonds (attach schedule)
.......
0
3,946,795
4,161,482
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
77,634,567
67,346,770
76,836,662
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)
78,180,843
76,642,186
86,501,543
17
Accounts payable and accrued expenses
..........
177,517
102,621
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
.........
177,517
102,621
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
78,003,326
76,539,565
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
........
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)
.....
78,003,326
76,539,565
30
Total liabilities and net assets/fund balances
(see instructions)
.
78,180,843
76,642,186
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
78,003,326
2
Enter amount from Part I, line 27a
.....................
2
-1,600,332
3
Other increases not included in line 2 (itemize)
3
136,571
4
Add lines 1, 2, and 3
..........................
4
76,539,565
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
76,539,565
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
THROUGH BAIRD
P
b
THROUGH BLACKROCK
P
c
THROUGH BRECKINRIDGE
P
d
THROUGH FRANKLIN
P
e
THROUGH HAMILTON LANE PRIVATE OFFSHORE FUND
P
THROUGH KKR
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
14,967,866
14,813,724
154,142
b
1,550,000
607,490
942,510
c
717,774
691,640
26,134
d
2,615
2,615
e
227,665
227,665
713
713
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
154,142
b
942,510
c
26,134
d
2,615
e
227,665
713
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
1,353,779
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
4,187,831
86,085,852
0.048647
2017
4,193,000
87,604,962
0.047863
2016
4,152,502
85,286,199
0.048689
2015
4,171,644
83,410,292
0.050014
2014
4,156,932
89,151,278
0.046628
2
Total
of line 1, column (d)
.....................
2
0.241841
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
0.048368
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
85,471,907
5
Multiply line 4 by line 3
......................
5
4,134,105
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
26,757
7
Add lines 5 and 6
........................
7
4,160,862
8
Enter qualifying distributions from Part XII, line 4
,.............
8
4,194,731
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
26,757
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
26,757
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
26,757
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
188,103
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
150,000
d
Backup withholding erroneously withheld
...........
6d
0
7
Total credits and payments. Add lines 6a through 6d
..............
7
338,103
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
311,346
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
311,346
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
L IPPOLITO PAUL WEISS ET AL
Telephone no.
(212) 373-3000
Located at
1285 AVE OF THE AMERICAS
NEW YORK
NY
ZIP+4
10019
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
LAURI LEVITT FRIEDLAND
PRESIDENT
4.00
35,000
0
0
C/O PAUL WEISS 1285 6TH AVENUE
NEW YORK
,
NY
10019
JAN KRUKOWSKI
TREASURER
4.00
35,000
0
0
C/O PAUL WEISS 1285 6TH AVENUE
NEW YORK
,
NY
10019
BARBARA RIFKIND
SECRETARY
4.00
26,000
0
0
C/O PAUL WEISS 1285 6TH AVENUE
NEW YORK
,
NY
10019
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
PAUL WEISS ET AL
LEGAL AND ADMINISTRATIVE SERVICES
119,633
1285 AVENUE OF THE AMERICAS
NEW YORK
,
NY
10019
CLEARBROOK INVESTMENT CONSULTING LLC
INVESTMENT SERVICES
87,068
152 WEST 57TH STREET
NEW YORK
,
NY
10019
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
85,053,877
b
Average of monthly cash balances
.......................
1b
1,719,633
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
86,773,510
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
86,773,510
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
1,301,603
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
85,471,907
6
Minimum investment return.
Enter 5% of line 5
..................
6
4,273,595
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
4,273,595
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
26,757
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
26,757
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
4,246,838
4
Recoveries of amounts treated as qualifying distributions
................
4
30,000
5
Add lines 3 and 4
............................
5
4,276,838
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
4,276,838
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
4,194,731
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
4,194,731
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
26,757
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
4,167,974
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
4,276,838
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
......
b
From 2015
......
12,155
c
From 2016
......
d
From 2017
......
e
From 2018
......
237,824
f
Total
of lines 3a through e
........
249,979
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
4,194,731
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
.....
4,194,731
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2019.
82,107
82,107
(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
167,872
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)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
167,872
10
Analysis of line 9:
a
Excess from 2015
....
b
Excess from 2016
....
c
Excess from 2017
....
d
Excess from 2018
....
167,872
e
Excess from 2019
....
Form
990-PF
(2019)
Form 990-PF (2019)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2019
(b)
2018
(c)
2017
(d)
2016
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
d
Amounts included in line 2c not used directly
for active conduct of exempt activities
..........
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part X, line 6 for each year listed
...
c
“Support" alternative test—enter:
(1)
Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
....
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
(3)
Largest amount of support
from an exempt organization
(4)
Gross investment income
Part XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
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
A BETTER CHANCE OF WESTPORT
PO BOX 2153
WESTPORT
,
CT
06880
NONE
PC
GENERAL PURPOSES
5,000
ACLU FOUNDATION
125 BROAD STREET 18TH FLOOR
NEW YORK
,
NY
10004
NONE
PC
CIVIL RIGHTS ADVOCACY AND DEFENSE OF IMMIGRANTS
50,000
ADAPTIVE TRAINING FOUNDATION
4125 OLD DENTON RD
CARROLLTON
,
TX
75010
NONE
PC
GENERAL PURPOSES
2,500
ALLIANCE FOR JUSTICE
11 DUPONT CIRCLE NW
WASHINGTON
,
DC
20036
NONE
PC
GENERAL PURPOSES
75,000
AMERICAN FOUNDATION FOR THE BLIND
1401 S CLARK STREET
ARLINGTON
,
VA
22202
NONE
PC
GENERAL OPERATING SUPPORT
100,000
AMERICAN JEWISH HISTORICAL SOCIETY
15 WEST 18TH STREET
NEW YORK
,
NY
10011
NONE
PC
DIGITIZATION AND ARCHIVING OF THE SIMON H. RIFKIND COLLECTION
20,000
ATLANTIC CLASSICAL ORCHESTRA
141 N01TH US HIGHWAY 1
FORT PIERCE
,
FL
34950
NONE
PC
GENERAL PURPOSES
5,000
BARD COLLEGE
PO BOX 5000
ANNANDALEONHUDSON
,
NY
125045000
NONE
PC
SUPPORT COLLEGE PROGRAMS FOR PRISONERS
10,000
BAY STREET THEATRE
PO BOX 810
SAG HARBOR
,
NY
11963
NONE
PC
STAFF SUPPORT AND GENERAL OPERATING PURPOSES
125,000
BENNINGTON COLLEGE
1 COLLEGE DRIVE
BENNINGTON
,
VT
052016001
NONE
PC
GENERAL PURPOSES
35,000
BLUEPATH SERVICE DOGS
8 COUNTRY CLUB ROAD
HOPEWELL JUNCTION
,
NY
12533
NONE
PC
GENERAL PURPOSES
10,000
BOYS TOWN JERUSALEM FOUNDATION OF AMERICA
1 PENN PLAZA SUITE 6250
NEW YORK
,
NY
10119
NONE
PC
GENERAL PURPOSES
2,000
BROOKLYN ACADEMY OF MUSIC
30 LAFAYETTE AVENUE
BROOKLYN
,
NY
112171486
NONE
PC
GENERAL PURPOSES
10,000
CENTER ON WRONGFUL CONVICTIONS
375 EAST CHICAGO AVENUE
CHICAGO
,
IL
60611
NONE
PC
GENERAL PURPOSES
8,000
CENTRAL SYNAGOGUE
123 EAST 55TH STREET
NEW YORK
,
NY
100223566
NONE
PC
GENERAL PURPOSES
3,000
CHILD ADVOCATES OF SW CONNECTICUT
55 GREEN FARMS ROAD STE 200-6
WESTPORT
,
CT
06851
NONE
PC
GENERAL PURPOSES
30,000
CITY COLLEGE FUND
160 CONVENT AVENUE
NEW YORK
,
NY
10031
NONE
PC
RIFKIND CENTER FOR THE HUMANITIES
125,000
CITY PARKS FOUNDATION
830 FIFTH AVENUE ROOM 280
NEW YORK
,
NY
10065
NONE
PC
TOWARD THE ONE YEAR SALARY FOR GARDENER
25,000
CLUTCH PRODUCTIONS
19 SEAMAN AVENUE 3M
NEW YORK
,
NY
10034
NONE
PC
FOR NEW PLAY DEVELOPMENT
45,000
CONSERVATIVE SYNAGOGUE OF WESTPORT
30 HILLSPOINT ROAD
WESTPORT
,
CT
06880
NONE
PC
GENERAL PURPOSES
2,500
COUNCIL OF FOREIGN RELATIONS
58 EAST 68TH STREET
NEW YORK
,
NY
10065
NONE
PC
GENERAL PURPOSES
5,000
EARTH JUSTICE
50 CALIFORNIA STREET SUITE 500
SAN FRANCISCO
,
CA
94111
NONE
PC
ENVIRONMENTAL LEGAL ADVOCACY
70,000
ENVIRONMENTAL DEFENSE FUND
257 PARK AVENUE SOUTH
NEW YORK
,
NY
10010
NONE
PC
GENERAL PURPOSES
10,000
FILM FORUM
209 WEST HOUSTON STREET
NEW YORK
,
NY
10014
NONE
PC
GENERAL PURPOSES
35,000
FLORIDA OCEANOGRAPHIC SOCIETY
890 NE OCEAN BLVD HUTCHINSON ISLAND
STUART
,
FL
34996
NONE
PC
GENERAL PURPOSES
10,000
FRIENDS OF SHERWOOD ISLAND
PO 544
WESTPORT
,
CT
06880
NONE
PC
GENERAL PURPOSES
5,000
GUIDING EYES FOR THE BLIND
611 GRANITE SPRINGS ROAD
YORKTOWN HEIGHTS
,
NY
10598
NONE
PC
GENERAL PURPOSES
10,000
HAMILTON COLLEGE
198 COLLEGE HILL ROAD
CLINTON
,
NY
12223
NONE
PC
ARTHUR LEVITT PUBLIC AFFAIRS CENTER
100,000
HARVARD COLLEGE WIDENER LIBRARY
HARVARD UNIVERSITY
CAMBRIDGE
,
MA
02138
NONE
PC
GENERAL PURPOSES
5,000
HIBISCUS CHILDREN'S FOUNDATION
2920 SOUTH 25TH STREET
FORT PIERCE
,
FL
34981
NONE
PC
GENERAL PURPOSES
30,000
HOMES WITH HOPE INC
49 RICHMONDVILLE AVENUE SUITE 212
WESTPORT
,
CT
06680
NONE
PC
GENERAL PURPOSES
5,000
HOSPITAL FOR SPECIAL SURGERY
535 EAST 70TH STREET
NEW YORK
,
NY
10021
NONE
PC
GENERAL PURPOSES
435,000
HUMAN RIGHTS FIRST
75 BROAD STREET - 31TH FLOOR
NEW YORK
,
NY
10004
NONE
PC
FOR HUMAN RIGHTS ADVOCACY AND OTHER GENERAL PURPOSES
50,000
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
ONE GUSTAVE L LEVY PLACE BOX 1049
NEW YORK
,
NY
100296574
NONE
PC
PROGRAM TO SUPPORT FACULTY AND DEVELOPMENT
30,000
INDEPENDENT DIPLOMAT
45 EAST 20TH ST 6TH FLOOR
NEW YORK
,
NY
10003
NONE
PC
GENERAL PURPOSES
45,000
LICK-WILMERDING HIGH SCHOOL
755 OCEAN AVENUE
SAN FRANCISCO
,
CA
94112
NONE
PC
FINANCIAL AID
40,000
LINCOLN CENTER THEATER
150 WEST 65TH STREET
NEW YORK
,
NY
100236875
NONE
PC
PRODUCTION OF NEW PLAYS AT THE MITZI NEW HOUSE THEATRE
40,000
LONG ISLAND CARES INC
10 DAVIDS DRIVE - HARRY CHAPIN WAY
HAUPPAUGE
,
NY
11788
NONE
PC
TO MAKE AVAILABLE OR DISTRIBUTE EMERGENCY FOOD
10,000
MARTIN MEMORIAL FOUNDATION
PO BOX 9010
STUART
,
FL
34995
NONE
PC
GENERAL PURPOSES
500,000
METROPOLITAN MUSEUM OF ART
1000 FIFTH AVENUE
NEW YORK
,
NY
100280198
NONE
PC
GENERAL PURPOSES
25,000
NATIONAL CENTER FOR LAW AND ECOMONIC JUSTICE
275 SEVENTH AVENUE
NEW YORK
,
NY
100016708
NONE
PC
GENERAL PURPOSES
15,000
NATIONAL COUNCIL FOR JEWISH WOMEN
342 CENTRAL AVENUE
LAWRENCE
,
NY
11559
NONE
PC
GENERAL PURPOSES
2,000
NATIONAL MULTIPLE SCLEROSIS SOCITEY
733 THIRD AVENUE 3RD FLOOR
NEW YORK
,
NY
10017
NONE
PC
SUPPORT RESEARCH AND CARETAKER RESPITE
205,000
NATIONAL PUBLIC RADIO WSHU
5151 PARK AVENUE
FAIRFIELD
,
CT
06825
NONE
PC
SUPPORT FOR NPR STATION PROGRAMMING
20,000
NATURAL RESOURCE DEFENSE COUNCIL
40 WEST 20TH STREET
NEW YORK
,
NY
10011
NONE
PC
GENERAL PURPOSES
35,000
NEW YORK COMMUNITY TRUST RELIEF FUND
909 THIRD AVENUE 22ND FLOOR
NEW YORK
,
NY
10022
NONE
PC
NYC COVID 19 RESPONSE AND IMPACT FUND
30,000
NEW YORK PRESBYTERIAN HOSPITAL
525 EAST 68TH STREET
NEW YORK
,
NY
10021
NONE
PC
FUND THE MEDICINE
60,000
NEW YORK PUBLIC LIBRARY
FIFTH AVENUE AND 42ND STREET ROOM
210
NEW YORK
,
NY
100182788
NONE
PC
GENERAL PURPOSES
75,000
NEW YORK SOCIETY LIBRARY
53 EAST 79TH STREET
NEW YORK
,
NY
10021
NONE
PC
GENERAL PURPOSES
20,000
NYU COLLEGE PREP ACADEMY
547 LAGUARDIA PLACE
NEW YORK
,
NY
10012
NONE
PC
PROVIDE HIGH SCHOOL STUDENTS IN NEED WITH TOOLS AND SUPPORT
75,000
NYU SHANGHAI
25 WEST 4TH STREET ROOM 323
NEW YORK
,
NY
10012
NONE
PC
NEUROECONOMICS RESEARCH AND COVID-19 RELIEF
100,000
NYU STERN SCHOOL OF BUSINESS
44 WEST FOURTH STREET
NEW YORK
,
NY
10012
NONE
PC
GENERAL PURPOSES
50,000
PEOPLE FOR THE AMERICAN WAY FOUNDATION
1101 15TH STREET NW SUITE 600
WASHINGTON
,
DC
20005
NONE
PC
CAMPAIGN TO SUPPORT VOTER REGISTRATION
100,000
PLANNED PARENTHOOD FEDERATION OF AMERICA
123 WILLIAM STREET 10TH FLOOR
NEW YORK
,
NY
10038
NONE
PC
GENERAL PURPOSES
10,000
PRIMARY STAGES
307 WEST 38TH STREET
NEW YORK
,
NY
10018
NONE
PC
TEENWRIGHTS PROGRAM/ADMIN. COSTS
60,000
QUEENS COLLEGE - AARON COPLAND SCHOOL
MUSIC BUILDING 203 65-30 KISSENA
BLVD
FLUSHING
,
NY
113671597
NONE
PC
SIR ROLAND HANNA MEMORIAL SCHOLARSHIP FUND
15,000
RETT SYNDROME RESEARCH TRUST
67 UNDER CLIFF ROAD
TRUMBULL
,
CT
06611
NONE
PC
SUPPORT AND STIMULATE NEW RESEARCH STRATEGIES
30,000
ROBIN HOOD FOUNDATION
826 BROADWAY 9TH FLOOR
NEW YORK
,
NY
10003
NONE
PC
COVID-19 RELIEF FUND
30,000
SAVE THE CHILDREN
501 KINGS HIGHWAY EAST
FAIRFIELD
,
CT
06825
NONE
PC
GENERAL PURPOSES
25,000
SAVE THE SOUND
900 CHAPEL STREET UPPER MEZZANINE
NEW HAVEN
,
CT
06510
NONE
PC
GENERAL PURPOSES
5,000
SCHOLARS AT RISK
194 MERCER STREET - ROOM 410
NEW YORK
,
NY
10012
NONE
PC
GENERAL PURPOSES
75,000
SCIENCE FRIDAY INITIATIVE
1114 ST JOHNS PLACE 3
BROOKLYN
,
NY
11213
NONE
PC
SUPPORT PROGRAMMING AND EDUCATIONAL OUTREACH
30,000
SECURITIES AND EXCHANGE COMMISSION HISTORICAL SOCIETY
1101 PENNSYLVANIA AVENUE NW SUITE
600
WASHINGTON
,
DC
20004
NONE
PC
GENERAL PURPOSES
1,000
SMITH COLLEGE
33 ELM STREET
NORTHAMPTON
,
MA
01063
NONE
PC
GENERAL OPERATING SUPPORT OF THE COLLEGE PROGRAMS
60,000
STONY BROOK FOUNDATION
STONY BROOK UNIVERSITY 230
ADMINISTRATION
STONY BROOK
,
NY
117941188
NONE
PC
RESOURCES, TREATMENT AND SUPPLIES FOR COVID
25,000
STUDENT ADVOCACY
3 WEST MAIN STREET
ELMSFORD
,
NY
10523
NONE
PC
GENERAL PURPOSES
1,000
TEMPLE BEIT HAYAM
951 SE MONTEREY COMMONS BOULEVARD
STUART
,
FL
34996
NONE
PC
GENERAL PURPOSES
5,000
TERRANOVA COLLECTIVE
565 NORTH MADISON STREET
MARSHALL
,
MI
49068
NONE
PC
THEATRICAL WORKS ADAPTED FROM NON THEATRICAL SOURCES
50,000
TEXAS CHILDREN'S HOSPITAL
1919 S BRAESWOOD SUITE 5214
HOUSTON
,
TX
77030
NONE
PC
NEUROIMAGING RESEARCH
60,000
THE 24 HOUR COMPANY
151 BANK STREET ROOM 107
NEW YORK
,
NY
10014
NONE
PC
SUPPORT OF WORLD PREMIERE PRODUCTION
40,000
THE CULTURE PROJECT
85 DELANCEY STREET 201
NEW YORK
,
NY
10002
NONE
PC
EXPLORATION AND FEASIBILITY STUDIES REGARDING EXPANSION OF PROGRAMMING
50,000
THE FIELD
75 MAIDEN LANE SUITE 906
NEW YORK
,
NY
10038
NONE
PC
SUPPORT NEW AND ONGOING PROGRAMS
10,000
THE GOATHOUSE REFUGE
680 ALTON ALSTON ROAD
PITTSBORO
,
NC
27312
NONE
PC
GENERAL PURPOSES
15,000
THE METROPOLITAN OPERA ASSOCIATION
30 LINCOLN CENTER
NEW YORK
,
NY
10023
NONE
PC
GENERAL PURPOSES
15,000
THE NATURE CONSERVANCY
4245 N FAIRFAX DRIVE STE 100
ARLINGTON
,
VA
222031606
NONE
PC
GENERAL PURPOSES
5,000
THE PROMISE PROJECT
121 AVENUE OF THE AMERICAS 6TH
FLOOR
NEW YORK
,
NY
10013
NONE
PC
DELIVERY OF COMPREHENSIVE SERVICES TO DISADVANTAGED CHILDREN LIVING WITH LEARNING DISABILITIES
40,000
THE RAND CORPORATION
PO 2138
SANTA MONICA
,
CA
904072138
NONE
PC
GENERAL PURPOSES
5,000
THE SAMUEL WAXMAN CANCER RESEARCH FOUNDATION
420 LEXINGTON A VENUE SUITE 825
NEW YORK
,
NY
10170
NONE
PC
GENERAL PURPOSES
5,000
TRUSTEES OF RESERVATIONS
200 HIGH STREET 4TH FLOOR
BOSTON
,
MA
02110
NONE
PC
PRESIDENT'S CIRCLE ANNUAL FUND AND PROPERTY STEWARDSHIP OPERATING FUND
100,000
UNITED WAY OF LONG ISLAND
819 GRAND BOULEVARD
DEER PARK
,
NY
11729
NONE
PC
TO GIVE ASSISTANCE TO THOSE IMPACTED BY COVID 19
15,000
VERA INSTITUTE OF JUSTICE
233 BROADWAY 12TH FLOOR
NEW YORK
,
NY
102791299
NONE
PC
ENSURE LEGAL COUNSEL FOR UNDOCUMENTED IMMIGRANTS
40,000
VICTIMS INFORMATION BUREAU OF SUFFOLK
185 OVAL DRIVE
ISLANDIA
,
NY
11749
NONE
PC
GENERAL OPERATING SUPPORT
65,000
WEILL MEDICAL COLLEGE OF CORNELL UNIVERSITY
1300 YORK AVENUE RM LC-401
NEW YORK
,
NY
10021
NONE
PC
DR. ARLEEN RIFKIND LAB FELLOWSHIP
60,000
WESTPORT COUNTRY PLAYHOUSE
25 POWERS COURT
WESTPORT
,
CT
06880
NONE
PC
GENERAL PURPOSES
20,000
WESTPORT LIBRARY
20 JESUP ROAD
WESTPORT
,
CT
06880
NONE
PC
GENERAL PURPOSES
15,000
WESTPORT TEMPLE ISRAEL
14 COLEYTOWN ROAD
WESTPORT
,
CT
06880
NONE
PC
GENERAL PURPOSES
10,000
WILLIAMS COLLEGE
75 PARK STREET MEARS WEST ROOM 201
WILLIAMSTOWN
,
MA
01267
NONE
PC
ALUMNI FUND AND OTHER GENERAL PURPOSES
76,000
Total
.................................
3a
4,003,000
b
Approved for future payment
Total
.................................
3b
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
4
Dividends and interest from securities
....
14
1,625,959
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
.....
14
6,034
8
Gain or (loss) from sales of assets other than
inventory
............
18
1,353,779
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
2,985,772
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
2,985,772
(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