| Identifier | Return Reference | Explanation |
|---|---|---|
| ELECTION TO APPLY CY QUALIFIED DISTRIBUTIONS TO PY UNDISTRIBUTED INCOME | FORM 990-PF, PART XII, LINE 4B | PURSUANT TO TREASURY REGULATION SEC. 53.4942(A)-3(D)(2) THE FOUNDATION IS MAKING AN ELECTION UNDER THIS SUBPARAGRAPH TO TREAT $196 OF THE CURRENT YEAR QUALIFYING DISTRIBUTIONS AS MADE OUT OF THE UNDISTRIBUTED INCOME FROM THE 2015 AND 2016 TAX YEARS, WHICH TOTALS $196 COMBINED. |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENTS - EQUITIES & FUNDS | AT COST | 1 | 1 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ART AND FURNISHINGS COLLECTION | 111,300 | 111,300 | 111,300 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 16,847 | 16,847 | 0 | |
| ADVISOR FEES | 3,328 | 3,328 | 0 | |
| FOREIGN TAX PAID | 4 | 4 | 0 |
| Description | Amount |
|---|---|
| NONDIVIDEND DISTRIBUTIONS | 37 |