Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 09-01-2020 , and ending 08-31-2021
Name of foundation
CALDER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)207 W 25TH STREET NO 12
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10001
A Employer identification number

13-3466986
B Telephone number (see instructions)

(212) 334-2424
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$675,204,677J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 4,815,555
2 Check bullet.............
3 Interest on savings and temporary cash investments 92 92  
4 Dividends and interest from securities... 6,958 6,958  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,047
b Gross sales price for all assets on line 6a 6,047
7 Capital gain net income (from Part IV, line 2)... 6,047
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 760,464 185,163 575,301
12 Total. Add lines 1 through 11........ 5,589,116 198,260 575,301
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 1,234,776 2,835 12,094 1,219,847
15 Pension plans, employee benefits....... 206,867 5,864 25,016 175,988
16a Legal fees (attach schedule)......... Click to see attachment 44,100 0 0 44,100
b Accounting fees (attach schedule)....... Click to see attachment 45,867 8,710 37,157 0
c Other professional fees (attach schedule).... Click to see attachment 66,225 12,575 53,650 0
17 Interest............... 682 682 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 173,372 6,081 25,941 141,350
19 Depreciation (attach schedule) and depletion... Click to see attachment 394,026 0 413,616
20 Occupancy.............. 116,353 5,523 23,565 87,265
21 Travel, conferences, and meetings....... 5,167 245 1,046 3,875
22 Printing and publications.......... 18,651 885 3,777 13,988
23 Other expenses (attach schedule)....... Click to see attachment 757,774 27,702 117,566 613,011
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,063,860 71,102 713,428 2,299,424
25 Contributions, gifts, grants paid....... 9,444 9,444
26 Total expenses and disbursements. Add lines 24 and 25 3,073,304 71,102 713,428 2,308,868
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,515,812
b Net investment income (if negative, enter -0-) 127,158
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 13,265,673 3,317,986 3,317,986
2 Savings and temporary cash investments......... 176,254 793,384 793,384
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 1,915 11,272 11,272
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 819 Click to see attachment1,817 1,779
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,616,542 Click to see attachment6,193,566 6,191,214
14 Land, buildings, and equipment: basis bullet19,486,123
Less: accumulated depreciation (attach schedule) bullet3,329,163 7,179,558 Click to see attachment16,156,960 20,180,811
15 Other assets (describe bullet) Click to see attachment269,018,246 Click to see attachment272,489,608 Click to see attachment644,708,231
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 296,259,007 298,964,593 675,204,677
Liabilities 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 bullet) Click to see attachment245,000 Click to see attachment269,511
23 Total liabilities (add lines 17 through 22)......... 245,000 269,511
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 296,014,007 298,695,082
29 Total net assets or fund balances (see instructions)..... 296,014,007 298,695,082
30 Total liabilities and net assets/fund balances (see instructions). 296,259,007 298,964,593
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
296,014,007
2
Enter amount from Part I, line 27a .....................
2
2,515,812
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
604,903
4
Add lines 1, 2, and 3 ..........................
4
299,134,722
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
439,640
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
298,695,082
Form 990-PF (2020)
Form 990-PF (2020)
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 CURRENCY EXCHANGE GAIN P   2021-08-31
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 6,047     6,047
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       6,047
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 6,047
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 1,767
c All other domestic foundations enter 1.39% 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 1,767
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 1,767
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,801
b Exempt foreign organizations—tax withheld at source...... 6b 5
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 1,806
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 39
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    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 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    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 (2020)
    Form 990-PF (2020)
    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 addressbulletWWW.CALDER.ORG
    14
    The books are in care ofbulletCALDER FOUNDATION Telephone no.bullet (212) 334-2424

    Located atbullet207 WEST 25TH STREET 12 FLNEW YORKNY ZIP+4bullet10001
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 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 2020.)..................
    3b
     
    No
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ALEXANDER SC ROWER CHAIRMAN / PRESIDENT
    40.00     		0 0 0
    C/O CALDER FOUNDATION 207 WEST 25TH
    STREET FL 12
    NEW YORK,NY10001
    SANDRA DAVIDSON VICE PRESIDENT / TRUSTEE
    1.00     		0 0 0
    C/O CALDER FOUNDATION 207 WEST 25TH
    STREET FL 12
    NEW YORK,NY10001
    JOHN V PERNA TREASURER / TRUSTEE
    0.30     		0 0 0
    C/O CALDER FOUNDATION 207 WEST 25TH
    STREET FL 12
    NEW YORK,NY10001
    SHAWN DAVIDSON VICE PRESIDENT / TRUSTEE
    0.00     		0 0 0
    C/O CALDER FOUNDATION 207 WEST 25TH
    STREET FL 12
    NEW YORK,NY10001
    SEAN SWEENEY VICE PRESIDENT / TRUSTEE
    0.00     		0 0 0
    C/O CALDER FOUNDATION 207 WEST 25TH
    STREET FL 12
    NEW YORK,NY10001
    ANDREA DAVIDSON VICE PRESIDENT / TRUSTEE
    0.30     		0 0 0
    C/O CALDER FOUNDATION 207 WEST 25TH
    STREET FL 12
    NEW YORK,NY10001
    HOLTON ROWER VICE PRESIDENT / TRUSTEE
    0.00     		0 0 0
    C/O CALDER FOUNDATION 207 WEST 25TH
    STREET FL 12
    NEW YORK,NY10001
    PETER LIPMAN VICE PRESIDENT / TRUSTEE
    0.00     		0 0 0
    C/O CALDER FOUNDATION 207 WEST 25TH
    STREET FL 12
    NEW YORK,NY10001
    GRYPHON ROWER-UPJOHN VICE PRESIDENT / TRUSTEE
    1.00     		0 0 0
    C/O CALDER FOUNDATION 207 WEST 25TH
    STREET FL 12
    NEW YORK,NY10001
    SOPHIA ROBLEDO ROWER VICE PRESIDENT / TRUSTEE
    1.00     		0 0 0
    C/O CALDER FOUNDATION 207 WEST 25TH
    STREET FL 12
    NEW YORK,NY10001
    MICHAEL STERNBERG SECRETARY/TRUSTEE
    1.00     		0 0 0
    C/O CALDER FOUNDATION 207 WEST 25TH
    STREET FL 12
    NEW YORK,NY10001
    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
    ALEXIS MAROTTA DIRECTOR OF ARCHIVES
    40.00     		155,814 0 0
    C/O CALDER FOUNDATION 207 WEST 25TH
    STREET FL 12
    NEW YORK,NY10001
    LILY C LYONS DIRECTOR OF EXTERNAL
    40.00     		135,896 0 0
    C/O CALDER FOUNDATION 207 WEST 25TH
    STREET FL 12
    NEW YORK,NY10001
    SUSAN DAM DIRECTOR RESEARCH AN
    40.00     		135,560 0 0
    C/O CALDER FOUNDATION 207 WEST 25TH
    STREET FL 12
    NEW YORK,NY10001
    IAN ROTHAM DIRECTOR OF AGRICULT
    40.00     		83,139 0 0
    C/O CALDER FOUNDATION 207 WEST 25TH
    STREET FL 12
    NEW YORK,NY10001
    BRANDON KORNPROBST DATABASE & DIGITAL A
    40.00     		72,196 0 0
    C/O CALDER FOUNDATION 207 WEST 25TH
    STREET FL 12
    NEW YORK,NY10001
    Total number of other employees paid over $50,000...................bullet 5
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    MARK OLIVIERI MANAGEMENT SERVICES 205,942
    ONE CROSSBROOK ROAD
    ROXBURY,CT06783
    STEPHANIE GOTO DESIGN LLC PROFESSIONAL DESIGN SERVICES 65,353
    ONE UNION SQUARE WEST
    NEW YORK,NY10003
    MANHATTAN TECHSUPPORTCOM TECH SUPPORT 63,459
    55 W 39TH ST 12TH FL
    NEW YORK,NY10018
    Total number of others receiving over $50,000 for professional services.............bullet0
    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 CATALOGUING ALL THE WORKS PRODUCED BY THE ARTIST ALEXANDER CALDER AND MAKING HIS WORKS AVAILABLE FOR PUBLIC INSPECTION IN ORDER TO FACILITATE ART EDUCATION AND RESEARCH 2,971,648
    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.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,624,386
    b
    Average of monthly cash balances.......................
    1b
    9,209,013
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,833,399
    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
    11,833,399
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    177,501
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    11,655,898
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    582,795
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    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
    2,308,868
    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
    2,308,868
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,308,868
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, enter the date of the ruling....... bullet
    1991-09-18
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
    0 0 0 0 0
    b 85% of line 2a ......... 0 0 0 0 0
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		2,308,868 2,203,269 2,210,148 0 6,722,285
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		2,308,868 2,203,269 2,210,148 0 6,722,285
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		388,530 101,416 40,087 17,602 547,635
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    RENSSELAER POLYTECHNIC INSTITUTE
    110 8TH STREET
    TROY,NY12180     		NONE NON-PROFIT TECHICAL TO SUPPORT ART PROGRAMS 5,000
    COHERENCE LAB
    PO BOX 1538
    HANALEI,HI96714     		NONE NONPROFIT 501(C)(3) TO SUPPORT PROTECTING ANCIENT FORESTS TO PRESERVE LIFE ON EARTH 4,444
    Total .................................bullet 3a 9,444
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aROYALTY FEES     15   185,163
    bEXHIBITION INCOME         570,421
    cCONSERVATION & CONSULTING         4,880
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 92  
    4 Dividends and interest from securities....     14 6,958  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 6,047  
    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 13,097 760,464
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    773,561
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1B ART WORKS WERE DISPLAYED TO THE PUBLIC FOR ART EDUCATION AND RESEARCH
    1A LICENSING INCOME FOR BOOKS AND EXHIBITION
    1C OTHER MISCELLANEOUS FEES
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    CALDER FOUNDATION
     
    Employer identification number

    13-3466986
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    CALDER FOUNDATION
          		Employer identification number
    13-3466986
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    SHAWN DAVIDSON
     
    C/O CALDER FOUNDATION 207 W 25TH ST
     
    NEW YORK, NY10001

    		$ 1,050,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    HOLTON ROWER
     
    C/O CALDER FOUNDATION 207 W 25TH ST
     
    NEW YORK, NY10001

    		$ 1,525,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    ALEXANDER ROWER
     
    C/O CALDER FOUNDATION 207 W 25TH ST
     
    NEW YORK, NY10001

    		$ 1,525,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    ANDREA DAVIDSON
     
    99 JANE STREET
     
    NEW YORK, NY10014

    		$ 500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    ALEXANDER ROWER
     
    C/O CALDER FOUNDATION 207 W 25TH ST
     
    NEW YORK, NY10001

    		$ 115,555


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    JON & MARY SHIRLEY FOUNDATION
     
    300 EAST PINE STREET
     
    SEATTLE, WA98122

    		$ 100,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    CALDER FOUNDATION
          		Employer identification number

    13-3466986
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 A CALDER, FISH PULL TOY 1960 $ 250,000 2020-09-29
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 A CALDER, CANASSON KODAK 1960 $ 300,000 2020-09-29
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 25% A CALDER, UNTITLED (LIGHT-REFRACTING MOBILE) $ 500,000 2020-11-13
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 25% A CALDER, UNTITLED (LIGHT-REFRACTING MOBILE) $ 500,000 2020-11-13
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 50% 314 PAINTER HILL ROAD, ROXBURY CT (REAL PROPERTY) $ 1,025,000 2020-11-20
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 25% A CALDER, UNTITLED (LIGHT-REFRACTING MOBILE) $ 500,000 2020-11-13
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    CALDER FOUNDATION
          		Employer identification number

    13-3466986
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 50% 314 PAINTER HILL ROAD, ROXBURY CT (REAL PROPERTY) $ 1,025,000 2020-11-20
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    4
    		 25% A CALDER, UNTITLED (LIGHT-REFRACTING MOBILE) $ 500,000 2020-11-13
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    CALDER FOUNDATION
          		Employer identification number

    13-3466986
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    CALDER FOUNDATION
    EIN:
    13-3466986
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 45,867 8,710 37,157 0

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    CALDER FOUNDATION
    EIN:
    13-3466986
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LEASEHOLD IMPROVEMENT 1999-01-22 2,000 1,103 SL 39.000000000000 51 0 51  
    LEASEHOLD IMPROVEMENT 1999-02-08 250 129 SL 39.000000000000 6 0 6  
    BUILDING 2005-10-31 4,674,087 1,782,739 SL 39.000000000000 119,848 0 119,848  
    BUILDING IMPROVEMENT 2006-07-31 1,062,881 385,063 SL 39.000000000000 27,253 0 27,253  
    LAND - 339 PAINTER HILLD ROAD, CT 2011-03-10 676,162   L   0 0 0  
    OFFICE FURNITURE 2012-11-09 24,936 12,468 200DB 7.000000000000 0 0 0  
    OFFICE FURNITURE 2013-04-26 3,009 1,504 200DB 7.000000000000 0 0 0  
    FIXTURES 2014-09-04 48,000 20,787 200DB 7.000000000000 2,142 0 6,857  
    OFFICE FURNITURE 2015-06-22 5,760 4,989 200DB 7.000000000000 514 0 771  
    SCANNER 2015-01-22 1,030 1,030 200DB 5.000000000000 0 0 0  
    OFFICE FURNITURE 2015-11-12 2,393 974 200DB 7.000000000000 104 0 342  
    OFFICE FURNITURE 2016-08-11 5,319 1,992 200DB 7.000000000000 232 0 760  
    LEASEHOLD IMPROVEMENT 2016-03-07 14,580 4,374 SL 15.000000000000 972 0 972  
    OFFICE FIXTURE 2016-05-04 3,500 1,344 200DB 7.000000000000 155 0 500  
    DINING TABLE - LOWER FARM LLC 2016-07-22 450 169 200DB 7.000000000000 19 0 64  
    RANGE AND DISHWASHER - LOWER FARM LLC 2016-07-11 1,135 513 200DB 5.000000000000 54 0 189  
    303 PAINTER HILL ROAD 2016-06-10 79,323 8,644 SL 39.000000000000 2,034 0 2,034  
    303 PAINTER HILL ROAD 2016-06-16 275,000   L   0 0 0  
    REFRIGERATOR 2016-09-14 1,148 503 200DB 5.000000000000 63 0 230  
    EQUIPMENT 2017-07-10 1,069 425 200DB 5.000000000000 58 0 214  
    COMPUTER EQUIPMENT 2016-09-14 609 266 200DB 5.000000000000 34 0 122  
    COMPUTER EQUIPMENT 2016-09-20 13,478 5,904 200DB 5.000000000000 742 0 2,696  
    COMPUTER EQUIPMENT 2016-11-16 5,549 2,430 200DB 5.000000000000 306 0 1,110  
    COMPUTER EQUIPMENT 2017-03-07 662 270 200DB 5.000000000000 38 0 132  
    ROCK RAKE WENGER - LOWER FARM LLC 2017-04-03 2,715 915 200DB 7.000000000000 126 0 388  
    BCS TILLER - LOWER FARM LLC 2017-05-31 4,396 1,483 200DB 7.000000000000 204 0 628  
    CINDER PRESS - LOWER FARM LLC 2017-07-07 2,437 790 200DB 7.000000000000 122 0 348  
    LIFT TRUCK - LOWER FARM LLC 2017-06-20 27,750 8,999 200DB 7.000000000000 1,393 0 3,964  
    PICKUP TRUCK - LOWER FARM LLC 2017-05-02 11,000 4,490 200DB 5.000000000000 622 0 2,200  
    LAND - 33 BEAR BURROW RD, CT - LOWER FARM LLC 2017-02-16 220,000   L   0 0 0  
    33 BEAR BURROW RD, CT 2017-02-16 132,503 11,893 SL 39.000000000000 3,398 0 3,398  
    COMPUTER EQUIPMENT 2017-10-10 10,400   200DB 5.000000000000 0 0 2,080  
    COMPUTER EQUIPMENT 2018-03-12 5,646   200DB 5.000000000000 0 0 1,129  
    COMPUTER EQUIPMENT 2018-06-01 3,320   200DB 5.000000000000 0 0 664  
    COMPUTER EQUIPMENT 2018-08-14 6,567   200DB 5.000000000000 0 0 1,313  
    4 SEASON TOOLS - LOWER FARM LLC 2017-09-01 23,770 6,688 200DB 7.000000000000 1,485 0 3,396  
    SNOW BLOWER - LOWER FARM LLC 2017-12-31 5,424   200DB 7.000000000000 0 0 775  
    AIR COMPRESSOR - LOWER FARM LLC 2018-01-11 2,799   200DB 7.000000000000 0 0 400  
    TRACTOR - LOWER FARM LLC 2018-03-15 11,400   200DB 7.000000000000 0 0 1,629  
    FARMING EQUIPMENT - LOWER FARM LLC 2018-03-29 15,000   200DB 7.000000000000 0 0 2,143  
    WHITE 588 PLOW - LOWER FARM LLC 2018-04-23 6,466   200DB 7.000000000000 0 0 924  
    FLAIL MOWER - LOWER FARM LLC 2018-05-02 15,062   200DB 7.000000000000 0 0 2,152  
    2013 TEREX TC75 - LOWER FARM LLC 2018-05-02 59,337   200DB 7.000000000000 0 0 8,477  
    GENERATOR - LOWER FARM LLC 2018-06-15 24,286   200DB 7.000000000000 0 0 3,469  
    ZERO TURN MOWER - LOWER FARM LLC 2018-07-09 18,073   200DB 7.000000000000 0 0 2,582  
    1958 FARMALL 140 TRACTOR - LOWER FARM LLC 2018-07-11 5,500   200DB 7.000000000000 0 0 786  
    ROAD - LOWER FARM LLC 2017-09-01 26,667 5,334 SL 15.000000000000 1,778 0 1,778  
    LAND - TOPHET ROAD, CT - LOWER FARM LLC 2018-03-28 900,000   L   0 0 0  
    LAND - 221 GOOD HILL ROAD 2018-07-09 8,500   L   0 0 0  
    LAND - 340 PAINTER HILL ROAD 2018-05-09 420,000   L   0 0 0  
    LAND - 65 CROSS BROOK ROAD, ROXBURY CT 2018-05-04 400,000   L   0 0 0  
    LAND - MAP 30 LOT 5 ROXBURY CT 2018-06-08 264,342   L   0 0 0  
    LAND - 38 LOT 27 ROXBURY CT 2018-06-08 300,000   L   0 0 0  
    LAND - MAP 39 LOT 5 ROXBURY CT 2018-06-08 30,000   L   0 0 0  
    LAND - MAP 39 LOT 6 ROXBURY CT 2019-06-08 30,000   L   0 0 0  
    LAND - MAP 39 LOT 17 ROXBURY CT 2019-01-25 559,000   L   0 0 0  
    314 PAINTERS HILL ROAD IMPROVEMENTS 2019-08-31 730,633   NC 0 % 0 0 0  
    FURNITURE & FIXTURE - LADDER 2018-10-18 3,165   200DB 7.000000000000 0 0 452  
    FURNITURE & FIXTURE - CHAIRS & DOLLYS 2019-02-20 16,645   200DB 7.000000000000 0 0 2,378  
    SECURITY CAMERA 2019-04-16 8,000   200DB 5.000000000000 0 0 1,600  
    FIXTURES - SHELVES 2018-11-12 9,789   200DB 7.000000000000 0 0 1,398  
    COMPUTER EQUIPMENT 2018-09-03 4,243   200DB 5.000000000000 0 0 849  
    WEBSITE DEVELOPMENT 2019-04-17 15,984   200DB 3.000000000000 0 0 5,328  
    FARMING EQUIPMENT - LOWER FARM LLC 2018-09-04 3,844   200DB 7.000000000000 0 0 549  
    SNOW BLOWER - LOWER FARM LLC 2018-11-29 2,526   200DB 7.000000000000 0 0 361  
    EVAPORATOR - LOWER FARM LLC 2018-12-11 3,978   200DB 7.000000000000 0 0 568  
    DISK HARROW/SPREADER - LOWER FARM LLC 2019-01-01 2,568   200DB 7.000000000000 0 0 367  
    BARN CONSTRUCTION AND IMPROVEMENTS - LOWER FARM LLC 2018-09-01 3,699,302 185,756 SL 39.000000000000 94,854 0 94,854  
    LAND IMPROVEMENTS - LOWER FARM LLC 2018-09-01 532,762 53,276 SL 15.000000000000 35,517 0 35,517  
    BUILDING - TOPHET ROAD TC - LOWER FARM LLC 2018-03-28 101,727   NC 0 % 0 0 0  
    EQUIPMENT SHED - 34 BBR 2020-08-24 3,470   SL 15.000000000000 231 0 231  
    IMPROVEMENTS - 314 PHR 2020-04-03 149,181 4,144 SL 15.000000000000 9,945 0 9,945  
    FIXTURE - HVAC 2020-08-14 10,111   200DB 7.000000000000 0 0 1,444  
    314 PAINTERS HILL ROAD HOUSE 2020-11-20 1,230,000   SL 39.000000000000 23,654 0 23,654  
    LAND - 315 PAINT HILL RD 2020-11-20 820,000   L   0 0 0  
    TRUCK LOADER, LEAF VAC - ROXBURY 2019-11-18 8,496   200DB 5.000000000000 3,398 0 1,699  
    FIELD AND BRUSH MOWER - ROXBURY 2019-11-18 1,915   200DB 5.000000000000 766 0 383  
    REFRIGERATOR - 34 BBR 2019-11-18 1,398   200DB 5.000000000000 559 0 280  
    WASHER AND DRYER - 34 BBR 2021-05-03 1,890   200DB 5.000000000000 1,890 0 126  
    FURNITURE- 34 BBR 2021-06-16 1,301   200DB 7.000000000000 1,301 0 31  
    SLIDE IN RANGE - 34 BBR 2021-07-13 1,786   200DB 5.000000000000 1,786 0 60  
    DISHWASHERS - 34 BBR 2021-05-03 823   200DB 5.000000000000 823 0 55  
    SACHE GREENHOUSE IMPROVEMENTS 2021-07-31 250,066   SL 15.000000000000 1,389 0 1,389  
    2021 34 BEAR BURROW RD SHED 2021-07-31 742,398   NC 0 % 0 0 0  
    WEB DEVELOPMENT 2019-09-01 15,984 11,375 SL 3.000000000000 4,609 0 4,609  
    WEB DEVELOPMENT 2020-09-01 22,297   SL 3.000000000000 7,432 0 7,432  
    OFFICE FIXTURE 2016-08-11 2,570 1,878 200DB 7.000000000000 277 0 367  
    DUMP BODY 2019-11-27 8,488   200DB 5.000000000000 3,395 0 1,698  
    FREEZER 2020-10-02 8,498   200DB 5.000000000000 8,498 0 1,558  
    FREEZER 2021-03-01 15,468   200DB 5.000000000000 15,468 0 1,547  
    CELLAR DOOR - 33 BBR 2021-01-31 2,797   200DB 7.000000000000 2,797 0 233  
    FIXTURE - LOCKING DOCK CANOPY 340 PHR 2020-09-01 9,105   200DB 7.000000000000 9,105 0 1,301  
    33 BEAR BURROW RD - SUGAR HOUSE 2020-09-01 11,000   SL 39.000000000000 282 0 282  
    2020 CONSTRUCTION 2020-09-01 89,572   SL 39.000000000000 2,297 0 2,297  
    LAND - LITCHFIELD INVESTMENT 2018-06-08 487,655   L   0 0 0  

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    CALDER FOUNDATION
    EIN:
    13-3466986
    Name of Stock End of Year Book Value End of Year Fair Market Value
    GE STOCK (135 SHS) 1,817 1,779

    TY 2020 InvestmentsOtherSchedule2
    Name:
    CALDER FOUNDATION
    EIN:
    13-3466986
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CR TRADER PARTNERS LP FMV 2,350 0
    PERSHING #2523 FMV 2,831,459 2,831,459
    EHRENKRANZ PARTNERS FMV 3,359,755 3,359,755
    SMALL POTATOES UR (16,760 SHS) FMV 1 0
    SPUD USA HOLDING (16,760 SHS) FMV 1 0

    TY 2020 LandEtcSchedule2
    Name:
    CALDER FOUNDATION
    EIN:
    13-3466986
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LEASEHOLD IMPROVEMENT 2,000 1,154 846  
    LEASEHOLD IMPROVEMENT 250 135 115  
    BUILDING 4,674,087 1,902,587 2,771,500  
    BUILDING IMPROVEMENT 1,062,881 412,316 650,565  
    LAND - 339 PAINTER HILLD ROAD, CT 676,162 0 676,162  
    OFFICE FURNITURE 24,936 24,936 0  
    OFFICE FURNITURE 3,009 3,009 0  
    FIXTURES 48,000 46,929 1,071  
    OFFICE FURNITURE 5,760 5,503 257  
    SCANNER 1,030 1,030 0  
    OFFICE FURNITURE 2,393 2,275 118  
    OFFICE FURNITURE 5,319 4,884 435  
    LEASEHOLD IMPROVEMENT 14,580 5,346 9,234  
    OFFICE FIXTURE 3,500 3,249 251  
    DINING TABLE - LOWER FARM LLC 450 413 37  
    RANGE AND DISHWASHER - LOWER FARM LLC 1,135 1,135 0  
    303 PAINTER HILL ROAD 79,323 10,678 68,645  
    303 PAINTER HILL ROAD 275,000 0 275,000  
    REFRIGERATOR 1,148 1,140 8  
    EQUIPMENT 1,069 1,018 51  
    COMPUTER EQUIPMENT 609 605 4  
    COMPUTER EQUIPMENT 13,478 13,385 93  
    COMPUTER EQUIPMENT 5,549 5,511 38  
    COMPUTER EQUIPMENT 662 639 23  
    ROCK RAKE WENGER - LOWER FARM LLC 2,715 2,399 316  
    BCS TILLER - LOWER FARM LLC 4,396 3,885 511  
    CINDER PRESS - LOWER FARM LLC 2,437 2,131 306  
    LIFT TRUCK - LOWER FARM LLC 27,750 24,267 3,483  
    PICKUP TRUCK - LOWER FARM LLC 11,000 10,612 388  
    LAND - 33 BEAR BURROW RD, CT - LOWER FARM LLC 220,000 0 220,000  
    33 BEAR BURROW RD, CT 132,503 15,291 117,212  
    COMPUTER EQUIPMENT 10,400 10,400 0  
    COMPUTER EQUIPMENT 5,646 5,646 0  
    COMPUTER EQUIPMENT 3,320 3,320 0  
    COMPUTER EQUIPMENT 6,567 6,567 0  
    4 SEASON TOOLS - LOWER FARM LLC 23,770 20,058 3,712  
    SNOW BLOWER - LOWER FARM LLC 5,424 5,424 0  
    AIR COMPRESSOR - LOWER FARM LLC 2,799 2,799 0  
    TRACTOR - LOWER FARM LLC 11,400 11,400 0  
    FARMING EQUIPMENT - LOWER FARM LLC 15,000 15,000 0  
    WHITE 588 PLOW - LOWER FARM LLC 6,466 6,466 0  
    FLAIL MOWER - LOWER FARM LLC 15,062 15,062 0  
    2013 TEREX TC75 - LOWER FARM LLC 59,337 59,337 0  
    GENERATOR - LOWER FARM LLC 24,286 24,286 0  
    ZERO TURN MOWER - LOWER FARM LLC 18,073 18,073 0  
    1958 FARMALL 140 TRACTOR - LOWER FARM LLC 5,500 5,500 0  
    ROAD - LOWER FARM LLC 26,667 7,112 19,555  
    LAND - TOPHET ROAD, CT - LOWER FARM LLC 900,000 0 900,000  
    LAND - 221 GOOD HILL ROAD 8,500 0 8,500  
    LAND - 340 PAINTER HILL ROAD 420,000 0 420,000  
    LAND - 65 CROSS BROOK ROAD, ROXBURY CT 400,000 0 400,000  
    LAND - MAP 30 LOT 5 ROXBURY CT 264,342 0 264,342  
    LAND - 38 LOT 27 ROXBURY CT 300,000 0 300,000  
    LAND - MAP 39 LOT 5 ROXBURY CT 30,000 0 30,000  
    LAND - MAP 39 LOT 6 ROXBURY CT 30,000 0 30,000  
    LAND - MAP 39 LOT 17 ROXBURY CT 559,000 0 559,000  
    314 PAINTERS HILL ROAD IMPROVEMENTS 730,633 0 730,633  
    FURNITURE & FIXTURE - LADDER 3,165 3,165 0  
    FURNITURE & FIXTURE - CHAIRS & DOLLYS 16,645 16,645 0  
    SECURITY CAMERA 8,000 8,000 0  
    FIXTURES - SHELVES 9,789 9,789 0  
    COMPUTER EQUIPMENT 4,243 4,243 0  
    WEBSITE DEVELOPMENT 15,984 15,984 0  
    FARMING EQUIPMENT - LOWER FARM LLC 3,844 3,844 0  
    SNOW BLOWER - LOWER FARM LLC 2,526 2,526 0  
    EVAPORATOR - LOWER FARM LLC 3,978 3,978 0  
    DISK HARROW/SPREADER - LOWER FARM LLC 2,568 2,568 0  
    BARN CONSTRUCTION AND IMPROVEMENTS - LOWER FARM LLC 3,699,302 280,610 3,418,692  
    LAND IMPROVEMENTS - LOWER FARM LLC 532,762 88,793 443,969  
    BUILDING - TOPHET ROAD TC - LOWER FARM LLC 101,727 0 101,727  
    EQUIPMENT SHED - 34 BBR 3,470 231 3,239  
    IMPROVEMENTS - 314 PHR 149,181 14,089 135,092  
    FIXTURE - HVAC 10,111 10,111 0  
    314 PAINTERS HILL ROAD HOUSE 1,230,000 23,654 1,206,346  
    LAND - 315 PAINT HILL RD 820,000 0 820,000  
    TRUCK LOADER, LEAF VAC - ROXBURY 8,496 3,398 5,098  
    FIELD AND BRUSH MOWER - ROXBURY 1,915 766 1,149  
    REFRIGERATOR - 34 BBR 1,398 559 839  
    WASHER AND DRYER - 34 BBR 1,890 1,890 0  
    FURNITURE- 34 BBR 1,301 1,301 0  
    SLIDE IN RANGE - 34 BBR 1,786 1,786 0  
    DISHWASHERS - 34 BBR 823 823 0  
    SACHE GREENHOUSE IMPROVEMENTS 250,066 1,389 248,677  
    2021 34 BEAR BURROW RD SHED 742,398 0 742,398  
    WEB DEVELOPMENT 15,984 15,984 0  
    WEB DEVELOPMENT 22,297 7,432 14,865  
    OFFICE FIXTURE 2,570 2,155 415  
    DUMP BODY 8,488 3,395 5,093  
    FREEZER 8,498 8,498 0  
    FREEZER 15,468 15,468 0  
    CELLAR DOOR - 33 BBR 2,797 2,797 0  
    FIXTURE - LOCKING DOCK CANOPY 340 PHR 9,105 9,105 0  
    33 BEAR BURROW RD - SUGAR HOUSE 11,000 282 10,718  
    2020 CONSTRUCTION 89,572 2,297 87,275  
    LAND - LITCHFIELD INVESTMENT 487,655 0 487,655  


    TY 2020 LegalFeesSchedule
    Name:
    CALDER FOUNDATION
    EIN:
    13-3466986
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 44,100 0 0 44,100


    TY 2020 OtherAssetsSchedule
    Name:
    CALDER FOUNDATION
    EIN:
    13-3466986
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    WORKS OF ART 267,721,642 270,481,806 642,781,064
    PROMOTIONAL BOOKS/MATERIALS 79,107 79,107  
    ARCHIVAL DOCUMENTS 211,571 303,727 303,727
    BOND RECEIVABLE 109,549 0  
    BMW 3.0 CSL 896,377 1,623,440 1,623,440
    OTHER CURRENT RECEIVABLE   1,528  


    TY 2020 OtherDecreasesSchedule
    Name:
    CALDER FOUNDATION
    EIN:
    13-3466986
    Description Amount
    50 % MEALS & ENTERTAINMENT ALLOCATED TO NET INVESTMENT INCOME 137
    BOOK/TAX DEPRECIATION DIFFERENCE 37,191
    FEDERAL TAX 109,208
    PRIOR PERIOD BOOK VS. FMV ADJUSTMENT 293,104


    TY 2020 OtherExpensesSchedule
    Name:
    CALDER FOUNDATION
    EIN:
    13-3466986
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ART RESTORATION 90,132 0 0 90,132
    ARCHIVES & STORAGE 24,700 1,173 5,002 18,525
    ARCHIVAL DOCUMENT EXPENSE 3,860 0 0 3,860
    BANK CHARGES 5,674 269 1,149 4,256
    CLEANING EXPENSE 1,258 60 255 944
    COMPUTER EXPENSE 80,386 3,816 16,280 60,290
    MEALS & ENTERTAINMENT 5,615 136 1,165 4,314
    INSURANCE 153,896 7,306 31,168 115,422
    LICENSES & FEES 7,026 334 1,423 5,270
    OFFICE EXPENSES 25,778 1,224 5,221 19,334
    CONTINUING EDUCATION 1,099 0 0 1,099
    EQUIPMENT RENTAL 6,265 0 0 6,265
    POSTAGE & DELIVERY 4,094 194 829 3,071
    REPAIRS & MAINTENANCE 165,204 7,843 33,458 123,903
    SECURITY 4,506 214 913 3,380
    TELEPHONE 11,107 527 2,249 8,830
    UTILITIES 38,981 1,850 7,895 29,236
    PROMOTION 271 0 0 271
    DUES AND SUBSCRIPTIONS 5,046 240 1,022 3,785
    OTHER OFFICE ADMINISTRATIVE EXPENSES 1,885 0 0 1,885
    FARMING EXPENSES 70,480 0 0 70,480
    MANAGEMENT FEE 46,628 2,214 9,443 34,971
    MOVING EXPENSES 465 22 94 349
    EXHIBITION EXPENSE 1,118 280 0 839
    COPYRIGHT FEES 2,300 0 0 2,300


    TY 2020 OtherIncomeSchedule2
    Name:
    CALDER FOUNDATION
    EIN:
    13-3466986
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTY FEES 185,163 185,163 0
    EXHIBITION INCOME 570,421   570,421
    CONSERVATION & CONSULTING 4,880   4,880


    TY 2020 OtherIncreasesSchedule
    Name:
    CALDER FOUNDATION
    EIN:
    13-3466986
    Description Amount
    UNREALIZED GAIN FROM MARKETABLE SECURITIES RECORDED ON BOOKS, NOT TAX 359,903
    PPP LOAN FORGIVNESS 245,000


    TY 2020 OtherLiabilitiesSchedule
    Name:
    CALDER FOUNDATION
    EIN:
    13-3466986
    Description Beginning of Year - Book Value End of Year - Book Value
    PPP LOAN 245,000 219,882
    LOAN FROM RPO 0 49,629


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    CALDER FOUNDATION
    EIN:
    13-3466986
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INTERIOR DESIGN 64,361 12,221 52,140 0
    OTHER PROFESSIONAL FEES 1,864 354 1,510 0


    TY 2020 TaxesSchedule
    Name:
    CALDER FOUNDATION
    EIN:
    13-3466986
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAX 71,462 5,864 25,016 40,582
    PAYROLL TAXES 101,910 217 925 100,768