Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
BERNARD F & ALVA B GIMBEL FOUNDATION
INC
Number and street (or P.O. box number if mail is not delivered to street address)271 MADISON AVE SUITE 605
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10016
A Employer identification number

13-6090843
B Telephone number (see instructions)

(212) 684-9110
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$41,848,818J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 831,306 831,306  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,012,303
b Gross sales price for all assets on line 6a 8,396,606
7 Capital gain net income (from Part IV, line 2)... 2,012,303
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
List of Attached Documents:
// Content
417 417 0
12 Total. Add lines 1 through 11........ 2,844,026 2,844,026 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 182,183 0 0 182,183
14 Other employee salaries and wages...... 204,809 0 0 204,809
15 Pension plans, employee benefits....... 80,811 0 0 80,811
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
27,530 13,765 0 13,765
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
287,646 282,196 0 5,450
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
20,817 15,817 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
1,196 0 0
20 Occupancy.............. 78,067 0 0 78,067
21 Travel, conferences, and meetings....... 1,037 0 0 1,037
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
106,129 71,686 0 34,443
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 990,225 383,464 0 600,565
25 Contributions, gifts, grants paid....... 5,422,250 5,422,250
26 Total expenses and disbursements. Add lines 24 and 25 6,412,475 383,464 0 6,022,815
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,568,449
b Net investment income (if negative, enter -0-) 2,460,562
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 45,532 58,831 58,831
2 Savings and temporary cash investments......... 10,318,916 11,400,816 11,400,816
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 13,848,833 Click to see attachment
List of Attached Documents:
// Content
10,703,158 		20,991,901
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 12,199,386 Click to see attachment
List of Attached Documents:
// Content
10,682,488 		9,374,806
14 Land, buildings, and equipment: basis right arrow87,861
Less: accumulated depreciation (attach schedule) right arrow77,326 11,731 Click to see attachment
List of Attached Documents:
// Content
10,535 		10,535
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
11,929 		Click to see attachment
List of Attached Documents:
// Content
11,929 		Click to see attachment
List of Attached Documents:
// Content
11,929
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 36,436,327 32,867,757 41,848,818
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
2,285 		Click to see attachment
List of Attached Documents:
// Content
2,164
23 Total liabilities (add lines 17 through 22)......... 2,285 2,164
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 6,657,124 6,657,124
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 29,776,918 26,208,469
29 Total net assets or fund balances (see instructions)..... 36,434,042 32,865,593
30 Total liabilities and net assets/fund balances (see instructions). 36,436,327 32,867,757
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
36,434,042
2
Enter amount from Part I, line 27a .....................
2
-3,568,449
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
32,865,593
5
Decreases not included in line 2 (itemize) right arrow
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
32,865,593
Form 990-PF (2023)
Form 990-PF (2023)
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 SHORT TERM GAIN OR LOSS FROM PASS-THROUGH ENTITIES P 2023-01-01 2023-12-31
b LONG TERM GAIN OR LOSS FROM PASS-THROUGH ENTITIES P 2020-01-01 2023-12-31
c SALE OF MARKETABLE SECURITIES - PERSHING   2023-01-01 2023-12-31
d SALE OF MARKETABLE SECURITIES - PERSHING   2020-01-01 2023-12-31
e SALE OF MARKETABLE SECURITIES - GIVERNY   2023-01-01 2023-12-31
SALE OF MARKETABLE SECURITIES - GIVERNY   2020-01-01 2023-12-31
SALE OF MARKETABLE SECURITIES - SCHWAB   2020-01-01 2023-12-31
LITIGATION SETTLEMENTS P 2020-01-01 2023-12-31
(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       -127,842
b       -580,202
c 1,153,974   901,991 251,983
d 2,911,632   2,132,381 779,251
e 430,622   586,899 -156,277
3,230,409   1,983,049 1,247,360
434,670   71,939 362,731
235,299     235,299
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       -127,842
b       -580,202
c       251,983
d       779,251
e       -156,277
      1,247,360
      362,731
      235,299
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 2,012,303
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 -32,136
Part V
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 right arrow 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) 1 34,202
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 34,202
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 34,202
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 35,447
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 85,447
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.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 51,245
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow51,245 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
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 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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
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 addressright arrowWWW.GIMBELFOUNDATION.ORG
14
The books are in care ofright arrowGIMBEL FOUNDATION Telephone no.right arrow (212) 684-9110

Located atright arrow271 MADISON AVE SUITE 605NEW YORKNY ZIP+4right arrow10016
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(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)? ......................
1a(5)
 
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.) ...............
1a(6)
 
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
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2023? .............
1d
 
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
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? .............
5a(5)
 
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
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?
7a
 
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? .........................
8
 
No
Part VII
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
STEPHEN D GREENBERG TREASURER
1.00 		0 0 0
C/O GIMBEL FOUNDATION 271 MADISON
AVE SUITE 605
NEW YORK,NY10016
LYNN S STERN VICE PRESIDENT
1.00 		0 0 0
C/O GIMBEL FOUNDATION 271 MADISON
AVE SUITE 605
NEW YORK,NY10016
LESLIE GIMBEL PRESIDENT & CEO
40.00 		182,183 864 0
C/O GIMBEL FOUNDATION 271 MADISON
AVE SUITE 605
NEW YORK,NY10016
NICHOLAS SG STERN DIRECTOR
1.00 		0 0 0
C/O GIMBEL FOUNDATION 271 MADISON
AVE SUITE 605
NEW YORK,NY10016
THOMAS ST GIMBEL DIRECTOR
1.00 		0 0 0
C/O GIMBEL FOUNDATION 271 MADISON
AVE SUITE 605
NEW YORK,NY10016
ALVA G GREENBERG DIRECTOR
1.00 		0 0 0
C/O GIMBEL FOUNDATION 271 MADISON
AVE SUITE 605
NEW YORK,NY10016
JENNIFER BLOOM GREENBERG DIRECTOR
1.00 		0 0 0
C/O GIMBEL FOUNDATION 271 MADISON
AVE SUITE 605
NEW YORK,NY10016
HOPE KITTREDGE GIMBEL DIRECTOR
1.00 		0 0 0
C/O GIMBEL FOUNDATION 271 MADISON
AVE SUITE 605
NEW YORK,NY10016
MARK P GIMBEL DIRECTOR
1.00 		0 0 0
C/O GIMBEL FOUNDATION 271 MADISON
AVE SUITE 605
NEW YORK,NY10016
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
DOROTHY A KADAR PROGRAM OFFICER
40.00 		109,337 26,893 0
C/O GIMBEL FOUNDATION 271 MADISON
AVE STE 605
NEW YORK,NY10016
NATALIE F MAYRO OFFICE & GRANTS ADM
40.00 		95,472 22,511 0
C/O GIMBEL FOUNDATION 271 MADISON
AVE STE 605
NEW YORK,NY10016
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
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
GIVERNY CAPITAL ADVISORS LLC INVESTMENT ADVISOR 145,469
627 ROUTE 518
SKILLMAN,NJ08558
BRAVE WARRIOR ADVISORS LLC INVESTMENT ADVISOR 136,727
12 EAST 49TH STREET
NEW YORK,NY10017
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-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 VIII-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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
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
20,507,073
b
Average of monthly cash balances.......................
1b
10,601,576
c
Fair market value of all other assets (see instructions)................
1c
8,414,599
d
Total (add lines 1a, b, and c).........................
1d
39,523,248
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
39,523,248
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
592,849
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
38,930,399
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,946,520
Part X
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 IX, line 6..................
1
1,946,520
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
34,202
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
34,202
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,912,318
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,912,318
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 XII, line 1 ...
7
1,912,318
Part XI
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
6,022,815
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
6,022,815
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,912,318
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 1,719,243
b From 2019...... 2,373,577
c From 2020...... 2,384,969
d From 2021...... 2,964,384
e From 2022...... 3,995,072
f Total of lines 3a through e ........ 13,437,245
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 6,022,815
a Applied to 2022, 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 2023 distributable amount..... 1,912,318
e Remaining amount distributed out of corpus 4,110,497
5 Excess distributions carryover applied to 2023. 0 0
(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 17,547,742
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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 2018 not
applied on line 5 or line 7 (see instructions) ... 		1,719,243
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		15,828,499
10 Analysis of line 9:
a Excess from 2019.... 2,373,577
b Excess from 2020.... 2,384,969
c Excess from 2021.... 2,964,384
d Excess from 2022.... 3,995,072
e Excess from 2023.... 4,110,497
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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 right arrow
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 (2023)
Form 990-PF (2023)
Page 11
Part XIV
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

350ORG

PO BOX 843004
BOSTON,MA02284 		NONE PC GENERAL SUPPORT 150,000

ALIGN THE ALLIANCE FOR A GREATER NY

50 BROADWAY 29TH FLOOR
NEW YORK,NY10004 		NONE PC GENERAL SUPPORT 75,000

ANDOVER VILLAGE IMPROVEMENT SOCIETY

PO BOX 5097
ANDOVER,MA01810 		NONE PC GENERAL SUPPORT 5,000

BLUEGREEN ALLIANCE FOUNDATION

2701 UNIVERSITY AVENUE SE SUITE 209
MINNEAPOLIS,MN55414 		NONE PC OFFSHORE WIND PROGRAM 40,000

BLUEGREEN ALLIANCE FOUNDATION

2701 UNIVERSITY AVENUE SE SUITE 209
MINNEAPOLIS,MN55414 		NONE PC GENERAL SUPPORT 50,000

BOSTON CHILDREN'S HOSPITAL

300 LONGWOOD AVENUE
BOSTON,MA02115 		NONE PC DUCHENNE MUSCULAR DYSTROPHY RESEARCH 60,000

BOSTON CHILDREN'S HOSPITAL

300 LONGWOOD AVENUE
BOSTON,MA02115 		NONE PC DUCHENNE MUSCULAR DYSTROPHY RESEARCH 5,000

BRANDEIS UNIVERSITY

415 SOUTH STREET MS 126
WALTHAM,MA02453 		NONE PC GENERAL SUPPORT 1,000

BRANDWORKERS

43-32 22ND STREET SUITE 202
LONG ISLAND CITY,NY11101 		NONE PC GENERAL SUPPORT 40,000

BROOKLYN LEGAL SERVICES INC

105 COURT STREET 4TH FLOOR
BROOKLYN,NY11201 		NONE PC WORKERS' RIGHTS AND EMPLOYMENT PROJECTS 60,000

BROOKLYN WORKFORCE INNOVATIONS

621 DEGRAW STREET
BROOKLYN,NY11217 		NONE PC GENERAL SUPPORT 75,000

BRYN MAWR COLLEGE

101 NORTH MARION AVENUE
BRYN MAWR,PA19010 		NONE PC GENERAL SUPPORT 3,334

CASES

151 LAWRENCE STREET 3RD FLOOR
BROOKLYN,NY11201 		NONE PC GENERAL SUPPORT 50,000

CATSKILL ANIMAL SANCTUARY INC

316 OLD STAGE ROAD
SAUGERTIES,NY12477 		NONE PC GENERAL SUPPORT 4,666

CENTER FOR EMPLOYMENT OPPORTUNITIES INC

50 BROADWAY SUITE 1604
NEW YORK,NY10004 		NONE PC NEW YORK PROGRAM 50,000

CENTER FOR FAMILY REPRESENTATION

40 WORTH STREET SUITE 605
NEW YORK,NY10013 		NONE PC GENERAL SUPPORT 50,000

CENTER FOR REPRODUCTIVE RIGHTS INC

199 WATER STREET
NEW YORK,NY10038 		NONE PC U.S. PROGRAM 100,000

CENTRAL PARK CONSERVANCY INC

14 EAST 60TH STREET
NEW YORK,NY10022 		NONE PC GENERAL SUPPORT 2,500

CERES INC

99 CHAUNCY STREET 6TH FLOOR
BOSTON,MA02111 		NONE PC GENERAL SUPPORT 150,000

CLIMATE & CLEAN ENERGY EQUITY FUND

OPEN GOV HUB 1100 13TH STREET NW
SUITE 800
WASHINGTON,DC20005 		NONE PC GENERAL SUPPORT 200,000

COLD SPRING HARBOR LABORATORY

1 BUNGTOWN ROAD
COLD SPRING HARBOR,NY11724 		NONE PC DUCHENNE MUSCULAR DYSTROPHY RESEARCH 5,000

COMMON CAUSE EDUCATION FUND

805 15TH STREET NW 8TH FL
WASHINGTON,DC20005 		NONE PC GENERAL SUPPORT 200,000

DISCALCED INC

3 LAFAYETTE AVENUE
BROOKLYN,NY11217 		NONE PC DANCE FOR PD TEACHING ARTISTS TRAINING & DEVELOPMENT PROGRAM 20,000

EARTHJUSTICE

50 CALIFORNIA STREET SUITE 500
SAN FRANCISCO,CA94111 		NONE PC CLIMATE AND ENERGY PROGRAM 150,000

EQUAL JUSTICE INITIATIVE

122 COMMERCE STREET
MONTGOMERY,AL36104 		NONE PC GENERAL SUPPORT 10,000

FAIR COUNT INC

PO BOX 170382
ATLANTA,GA30317 		NONE PC GENERAL SUPPORT 5,000

FAMM FOUNDATION

1100 H STREET NW SUITE 1000
WASHINGTON,DC20005 		NONE PC GENERAL SUPPORT 60,000

GREENWICH UNITED WAY

2 DEARFIELD DRIVE SUITE 300
GREENWICH,CT06831 		NONE PC YOUTH & ADOLESCENT MENTAL HEALTH INTENSIVE OUTPATIENT PROGRAM 10,000

GUTTMACHER INSTITUTE INC

125 MAIDEN LANE 7TH FLOOR
NEW YORK,NY10038 		NONE PC U.S. PROGRAM 100,000

HELEN KELLER INTERNATIONAL INC

ONE DAG HAMMARSKJOLD PLAZA FLOOR 2
NEW YORK,NY10017 		NONE PC VITAMIN A SUPPLEMENTATION PROGRAM 20,000

HUDSON LINK FOR HIGHER EDUCATION IN PRISON INC

PO BOX 862
OSSINING,NY10562 		NONE PC GENERAL SUPPORT 60,000

INSTITUTE FOR SUSTAINABLE COMMUNITIES

535 STONE CUTTERS WAY
MONTPELIER,VT05602 		NONE PC GENERAL SUPPORT 6,666

INTERNATIONAL RESCUE COMMITTEE

122 EAST 42ND STREET
NEW YORK,NY10168 		NONE PC WORK ON BEHALF OF UKRAINIAN REFUGEES 20,000

JACKIE ROBINSON FOUNDATION INC

75 VARICK STREET 2ND FLOOR
NEW YORK,NY10013 		NONE PC GENERAL SUPPORT 20,000

JOBS TO MOVE AMERICA

525 SOUTH HEWITT STREET
LOS ANGELES,CA90013 		NONE PC NEW YORK PROGRAM 75,000

LAWYERS FOR CHILDREN INC

110 LAFAYETTE STREET 8TH FLOOR
NEW YORK,NY10013 		NONE PC GENERAL SUPPORT 100,000

LEAGUE OF CONSERVATION VOTERS EDUCATION FUND

740 15TH STREET NW SUITE 700
WASHINGTON,DC20005 		NONE PC GENERAL SUPPORT 150,000

LEAGUE OF CONSERVATION VOTERS EDUCATION FUND

740 15TH STREET NW SUITE 700
WASHINGTON,DC20005 		NONE PC CHISPA PROGRAM 50,000

LEGAL ACTION CENTER

225 VARICK STREET 4TH FLOOR
NEW YORK,NY10014 		NONE PC NEW YORK POLICY ADVOCACY 60,000

LEGAL AID SOCIETY

199 WATER STREET
NEW YORK,NY10038 		NONE PC IMMIGRANT YOUTH REPRESENTATION PROJECT 100,000

LEGAL SERVICES NYC

40 WORTH STREET SUITE 606
NEW YORK,NY10013 		NONE PC CIVIL RIGHTS JUSTICE WORK 75,000

LIGHTHOUSE GUILD

250 WEST 64TH STREET
NEW YORK,NY10023 		NONE PC GENERAL SUPPORT 8,000

LONG ISLAND UNIVERSITY

700 NORTHERN BOULEVARD
BROOKVILLE,NY11548 		NONE PC CARA GARGANO SCHOLARSHIP 5,000

LOUISIANA BUCKET BRIGADE

4731 CANAL STREET
NEW ORLEANS,LA70119 		NONE PC GENERAL SUPPORT 10,000

LOUISIANA BUCKET BRIGADE

4731 CANAL STREET
NEW ORLEANS,LA70119 		NONE PC GENERAL SUPPORT 100,000

MUSCULAR DYSTROPHY ASSOCIATION

1016 W JACKSON BLVD 1073
CHICAGO,IL60607 		NONE PC DUCHENNE MUSCULAR DYSTROPHY RESEARCH 2,500

NATIONAL INSTITUTE FOR REPRODUCTIVE HEALTH

14 WALL STREET SUITE 3B
NEW YORK,NY10005 		NONE PC GENERAL SUPPORT 75,000

NATIONWIDE CHILDREN'S HOSPITAL FOUNDATION

700 CHILDRENS DRIVE
COLUMBUS,OH43205 		NONE PC DUCHENNE MUSCULAR DYSTROPHY RESEARCH 2,500

NEIGHBORHOOD TRUST FINANCIAL PARTNERS

530 WEST 166TH STREET 4TH FLOOR
NEW YORK,NY10032 		NONE PC GENERAL SUPPORT 25,000

NEO PHILANTHROPY INC

1001 AVENUE OF THE AMERICAS 12TH FL
NEW YORK,NY10018 		NONE PC AMPLIFY GEORGIA COLLABORATIVE 50,000

NEO PHILANTHROPY INC

1001 AVENUE OF THE AMERICAS 12TH FL
NEW YORK,NY10018 		NONE PC STATE INFRASTRUCTURE FUND 250,000

NEW ECONOMY PROJECT

121 WEST 27TH STREET SUITE 804
NEW YORK,NY10001 		NONE PC GENERAL SUPPORT 50,000

NEW VENTURE FUND

1828 L STREET NW SUITE 300-A
WASHINGTON,DC20036 		NONE PC ABORTION ON OUR OWN TERMS 60,000

NEW VENTURE FUND

1828 L STREET NW SUITE 300-A
WASHINGTON,DC20036 		NONE PC TRUSTED ELECTIONS FUND 200,000

NEW VENTURE FUND

1828 L STREET NW SUITE 300-A
WASHINGTON,DC20036 		NONE PC TRUSTED ELECTIONS FUND 10,000

NONPROFIT NEW YORK INC

320 EAST 43RD STREET 3RD FLOOR
NEW YORK,NY10017 		NONE PC GENERAL SUPPORT 25,000

PACIFIC ENVIRONMENT

1012 TORNEY AVENUE
SAN FRANCISCO,CA94129 		NONE PC GENERAL SUPPORT 150,000

PARAPROFESSIONAL HEALTHCARE INSTITUTE INC (PHI)

261 MADISON AVENUE SUITE 913
NEW YORK,NY10016 		NONE PC NEW YORK STATE POLICY INITIATIVE 50,000

PER SCHOLAS INC

804 EAST 138TH STREET 2ND FLOOR
BRONX,NY10454 		NONE PC NEW YORK PROGRAM 40,000

PHILANTHROPY NEW YORK

320 EAST 43RD STREET
NEW YORK,NY10017 		NONE PC GENERAL SUPPORT 7,250

PHYSICIANS FOR REPRODUCTIVE HEALTH INC

PO BOX 35
HARTSDALE,NY10530 		NONE PC GENERAL SUPPORT 75,000

PLANNED PARENTHOOD OF GREATER NEW YORK

26 BLEECKER STREET
NEW YORK,NY10012 		NONE PC GENERAL SUPPORT 75,000

PRESIDENT AND FELLOWS OF MIDDLEBURY COLLEGE

152 MAPLE STREET
MIDDLEBURY,VT05753 		NONE PC GENERAL SUPPORT 3,334

PROTEUS FUND

15 RESEARCH DRIVE SUITE B
AMHERST,MA01002 		NONE PC PIPER FUND 200,000

RAINFOREST ACTION NETWORK

425 BUSH STREET SUITE 300
SAN FRANCISCO,CA94108 		NONE PC GENERAL SUPPORT 200,000

REPRODUCTIVE HEALTH ACCESS PROJECT INC

PO BOX 21191
NEW YORK,NY10025 		NONE PC GENERAL SUPPORT 75,000

RUTGERS UNIVERSITY FOUNDATION

335 GEORGE STREET
NEW BRUNSWICK,NJ08901 		NONE PC DUCHENNE MUSCULAR DYSTROPHY RESEARCH 5,000

SAVE THE CHILDREN

501 KINGS HIGHWAY EAST
FAIRFIELD,CT06825 		NONE PC SYRIA & TURKEY EMERGENCY RELIEF EFFORTS 3,000

SAVE THE RHINO INTERNATIONAL INC

1350 AVENUE OF THE AMERICAS SUITE
226
NEW YORK,NY10019 		NONE PC HLUHLUWE-IMFOLOZI PARK/UMKHUZE GAME RESERVE IN SOUTH AFRICA 2,000

SEARCH FOR CHANGE

400 COLUMBUS AVENUE SUITE 201E
VALHALLA,NY10595 		NONE PC GENERAL SUPPORT 10,000

STANDEARTH

548 MARKET STREET SUITE 74196
SAN FRANCISCO,CA94104 		NONE PC GENERAL SUPPORT 250,000

THE BRONX DEFENDERS

360 EAST 161ST STREET
BRONX,NY10451 		NONE PC CENTER FOR HOLISTIC DEFENSE 100,000

THE BRONX DEFENDERS

360 EAST 161ST STREET
BRONX,NY10451 		NONE PC CIVIL ACTION PRACTICE 75,000

THE DOOR - A CENTER OF ALTERNATIVES INC

555 BROOME STREET
NEW YORK,NY10013 		NONE PC LEGAL SERVICES CENTER 70,000

THE HOPE PROGRAM INC

1 SMITH STREET 4TH FLOOR
BROOKLYN,NY11201 		NONE PC GENERAL SUPPORT 75,000

THE NEW YORK IMMIGRATION COALITION INC

131 WEST 33RD STREET SUITE 610
NEW YORK,NY10001 		NONE PC GENERAL SUPPORT 225,000

THE NEW ORLEANS JAZZ AND HERITAGE FOUNDATION

1205 N RAMPART STREET
NEW ORLEANS,LA70116 		NONE PC GENERAL SUPPORT 2,500

THE SENTENCING PROJECT

1150 CONNECTICUT AVENUE NW SUITE
601
WASHINGTON,DC20036 		NONE PC GENERAL SUPPORT 100,000

TRUSTEES OF BOSTON UNIVERSITY

WBUR 890 COMMONWEALTH AVENUE 3RD
FLOOR
BOSTON,MA02215 		NONE PC WBUR 12,000

TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK

COLUMBIA BUSINESS SCHOOL 645 WEST
130TH STREET MC 9001
NEW YORK,NY10027 		NONE PC COLUMBIA BUSINESS SCHOOL 1,500

TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK

622 WEST 113TH STREET MC 4524
NEW YORK,NY10025 		NONE PC NAOMI BERRIE DIABETES CENTER 20,000

TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

2929 WALNUT STREET SUITE 300
PHILADELPHIA,PA19104 		NONE PC THE PENN FUND 2,000

UNION OF CONCERNED SCIENTISTS INC

2 BRATTLE SQUARE
CAMBRIDGE,MA02138 		NONE PC CENTER FOR SCIENCE & DEMOCRACY 100,000

WATERFRONT ALLIANCE INC

256 WEST 36TH STREET 11TH FLOOR
NEW YORK,NY10018 		NONE PC COASTAL RESILIENCY COMMUNITY ORGANIZER 50,000

WATERFRONT ALLIANCE INC

256 WEST 36TH STREET 11TH FLOOR
NEW YORK,NY10018 		NONE PC CLIMATE RESILIENCE AND ADAPTATION 100,000

YOUTH AND FAMILY COUNSELING AGENCY OF OYSTER BAY - EAST NORWICH INC

12 IRVING PLACE
OYSTER BAY,NY11771 		NONE PC GENERAL SUPPORT 2,500
Total .................................right arrow 3a 5,422,250
bApproved for future payment

ALL VOTING IS LOCAL
11 DUPONT CIRCLE NW SUITE 575
WASHINGTON,DC20036 		NONE PC GENERAL SUPPORT 100,000

AMERICAN CONSTITUTION SOCIETY
601 13TH STREET NW
WASHINGTON,DC20005 		NONE PC GENERAL SUPPORT 100,000

BOSTON CHILDREN'S HOSPITAL
300 LONGWOOD AVENUE
BOSTON,MA02115 		NONE PC DUCHENNE MUSCULAR DYSTROPHY RESEARCH 60,000

BLUEGREEN ALLIANCE FOUNDATION
2701 UNIVERSITY AVENUE SE SUITE 209
MINNEAPOLIS,MN55414 		NONE PC OFFSHORE WIND PROGRAM 40,000

BROOKLYN WORKFORCE INNOVATIONS
621 DEGRAW STREET
BROOKLYN,NY11217 		NONE PC GENERAL SUPPORT 120,000

CENTER FOR EMPLOYMENT OPPORTUNITIES INC
50 BROADWAY SUITE 1604
NEW YORK,NY10004 		NONE PC NEW YORK PROGRAM 25,000

CERES INC
99 CHAUNCY STREET 6TH FLOOR
BOSTON,MA02111 		NONE PC GENERAL SUPPORT 150,000

CLIMATE & CLEAN ENERGY EQUITY FUND
1100 13TH STREET NW SUITE 800
WASHINGTON,DC20005 		NONE PC GENERAL SUPPORT 200,000

EARTHJUSTICE
50 CALIFORNIA STREET SUITE 500
SAN FRANCISCO,CA94111 		NONE PC CLIMATE AND ENERGY PROGRAM 150,000

GUTTMACHER INSTITUTE INC
125 MAIDEN LANE 7TH FLOOR
NEW YORK,NY10038 		NONE PC U.S. PROGRAM 100,000

HUDSON LINK FOR HIGHER EDUCATION IN PRISON INC
PO BOX 862
OSSINING,NY10562 		NONE PC GENERAL SUPPORT 40,000

LAWYERS FOR CHILDREN INC
110 LAFAYETTE STREET 8TH FLOOR
NEW YORK,NY10013 		NONE PC GENERAL SUPPORT 100,000

LEAGUE OF CONSERVATION VOTERS EDUCATION FUND
740 15TH STREET NW SUITE 700
WASHINGTON,DC20005 		NONE PC GENERAL SUPPORT 150,000

LEAGUE OF CONSERVATION VOTERS EDUCATION FUND
740 15TH STREET NW SUITE 700
WASHINGTON,DC20005 		NONE PC CHISPA 50,000

NEO PHILANTHROPY INC
1001 AVENUE OF THE AMERICAS 12TH
FLOOR
NEW YORK,NY10018 		NONE PC AMPLIFY GEORGIA COLLABORATIVE 50,000

NEW VENTURE FUND
1828 L STREET NW SUITE 300-A
WASHINGTON,DC20036 		NONE PC ABORTION ON OUR OWN TERMS 100,000

NEW VENTURE FUND
1828 L STREET NW SUITE 300-A
WASHINGTON,DC20036 		NONE PC TRUSTED ELECTIONS FUND 600,000

PACIFIC ENVIRONMENT
1012 TORNEY AVENUE
SAN FRANCISCO,CA94129 		NONE PC GENERAL SUPPORT 75,000

PHILANTHROPY NEW YORK
320 EAST 43RD STREET
NEW YORK,NY10017 		NONE PC GENERAL SUPPORT 7,250

PHYSICIANS FOR REPRODUCTIVE HEALTH
PO BOX 35
HARTSDALE,NY10530 		NONE PC GENERAL SUPPORT 100,000

PROTEUS FUND
15 RESEARCH DRIVE SUITE B
AMHERST,MA01002 		NONE PC PIPER FUND 200,000

STANDEARTH
548 MARKET STREET SUITE 74196
SAN FRANCISCO,CA94104 		NONE PC GENERAL SUPPORT 600,000

THE DOOR - A CENTER OF ALTERNATIVES INC
555 BROOME STREET
NEW YORK,NY10013 		NONE PC LEGAL SERVICES CENTER 70,000

WATERFRONT ALLIANCE INC
256 WEST 36TH STREET 11TH FLOOR
NEW YORK,NY10018 		NONE PC CLIMATE RESILIENCE AND ADAPTATION 25,000
Total ................................. right arrow 3b 3,212,250
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 831,306  
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 2,012,303  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    01 417  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,844,026 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,844,026
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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 (2023)
Form 990-PF (2023)
Page 13
Part XVI
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
BERNARD F & ALVA B GIMBEL FOUNDATION
 
INC
EIN:
13-6090843
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EISNER ADVISORY GROUP LLC 27,530 13,765 0 13,765

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

TY 2023 DepreciationSchedule
Name:
BERNARD F & ALVA B GIMBEL FOUNDATION
 
INC
EIN:
13-6090843
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
COMPUTER 2000-04-10 9,307 9,306 SL 5.000000000000 0 0 0  
FURNITURE 2000-05-01 5,334 5,334 SL 7.000000000000 0 0 0  
FURNITURE 2001-06-03 195 194 SL 7.000000000000 0 0 0  
FURNITURE 2002-05-10 407 406 SL 7.000000000000 0 0 0  
COMPUTER SOFTWARE 2002-11-12 12,416 12,416 SL 3.000000000000 0 0 0  
LEASEHOLD IMPROVEMENT 2003-05-30 1,375 686 SL 39.000000000000 35 0 0  
COMPUTER 2003-08-18 6,115 4,586 SL 5.000000000000 0 0 0  
OFFICE EQUIPMENT 2003-12-17 652 488 SL 5.000000000000 0 0 0  
FURNITURE 2003-10-24 581 476 SL 7.000000000000 0 0 0  
COMPUTER SOFTWARE 2005-08-09 938 938 SL 3.000000000000 0 0 0  
OFFICE EQUIPMENT 2005-07-12 560 560 SL 5.000000000000 0 0 0  
FURNITURE 2005-07-28 3,040 3,039 SL 7.000000000000 0 0 0  
LEASEHOLD IMPROVEMENT 2005-10-31 1,400 618 SL 39.000000000000 36 0 0  
COMPUTER SOFTWARE 2006-09-18 3,440 3,440 SL 3.000000000000 0 0 0  
FURNITURE 2006-10-27 333 333 SL 7.000000000000 0 0 0  
FIXTURE 2006-02-28 962 962 SL 7.000000000000 0 0 0  
LEASEHOLD IMPROVEMENT 2006-12-07 125 48 SL 39.000000000000 3 0 0  
COMPUTER 2007-06-08 2,113 2,113 SL 5.000000000000 0 0 0  
COMPUTER SOFTWARE 2007-11-28 3,113 3,113 SL 3.000000000000 0 0 0  
FURNITURE 2007-03-14 2,028 2,028 SL 7.000000000000 0 0 0  
LEASEHOLD IMPROVEMENT 2007-02-12 300 127 SL 39.000000000000 8 0 0  
FURNITURE 2007-07-01 916 916 SL 7.000000000000 0 0 0  
COMPUTER 2004-10-14 2,366 1,858 SL 5.000000000000 0 0 0  
COMPUTER 2008-01-02 1,118 1,118 SL 5.000000000000 0 0 0  
COMPUTER 2008-09-09 714 713 SL 5.000000000000 0 0 0  
COMPUTER SOFTWARE 2008-09-09 3,104 3,104 SL 3.000000000000 0 0 0  
COMPUTER SOFTWARE 2009-09-10 2,829 2,829 SL 3.000000000000 0 0 0  
FURNITURE 2009-11-03 295 294 SL 7.000000000000 0 0 0  
COMPUTER 2010-07-28 508 508 SL 5.000000000000 0 0 0  
COMPUTER 2010-09-22 572 572 SL 5.000000000000 0 0 0  
FURNITURE 2010-02-09 223 223 SL 7.000000000000 0 0 0  
FURNITURE 2011-12-22 431 430 SL 7.000000000000 0 0 0  
COMPUTER 2011-06-01 1,202 1,201 SL 5.000000000000 0 0 0  
LEASEHOLD IMPROVEMENT 2014-10-21 4,580 956 SL 39.000000000000 117 0 0  
COMPUTER EQUIPMENT 2016-05-20 7,470 7,470 SL 5.000000000000 0 0 0  
AMAZON NEW SERVER 2018-06-27 795 716 SL 5.000000000000 79 0 0  
LEASEHOLD IMPROVEMENT 2019-09-09 811 70 SL 39.000000000000 21 0 0  
COMPUTER 2020-10-22 1,211 545 SL 5.000000000000 242 0 0  
COMPUTER 2020-11-23 1,792 806 SL 5.000000000000 358 0 0  
LEASEHOLD IMPROVEMENT 2020-02-03 810 61 SL 39.000000000000 21 0 0  
COMPUTER 2021-02-02 1,380 529 SL 5.000000000000 276 0 0  

TY 2023 InvestmentsCorpStockSchedule
Name:
BERNARD F & ALVA B GIMBEL FOUNDATION
 
INC
EIN:
13-6090843
Name of Stock End of Year Book Value End of Year Fair Market Value
LUMINE GROUP INC 0 55,279
CONSTELLATION SOF 40 WTF 417 0
AUTONATION INC COM 19,981 29,135
LOUISIANA-PAC CORP 21,684 24,224
MASTERBRAND INC COM 34,091 86,412
BANK OZK COM 42,779 67,221
ASBURY AUTOMOTIVE GROUP INC COM 50,428 77,840
DOLLARAMA INC COM 65,458 337,087
TOPICUS.COM INC COM 71,429 96,423
JP MORGAN CHASE & CO COM 81,149 405,348
DR HORTON INC COM 85,414 165,202
LENNAR CORP CL A 86,883 120,573
HOWDEN JOINERY GROUP PLC COM 94,318 174,565
FLOOR & DECOR HOLDINGS INC COM CL A 101,296 138,781
F&G ANNUITIES & LIFE INC COM 101,557 244,950
EDWARDS LIFESCIENCES CORP COM 114,668 250,634
LITTELFUSE INC COM 122,589 124,951
HEICO CORP COM CL A 125,202 584,574
ALPHABET INC COM CL C 127,697 674,491
VISA INC COM CL A 138,415 677,431
B&M EUROPEAN VALUE RETAIL SA REG SHS ISIN#LU1072616219 138,475 235,545
WALT DISNEY COMPANY (THE) COM 142,610 151,145
MTY FOOD GROUP INC COM 143,158 188,097
CHARLES SCHWAB CORP 145,590 219,266
BANK OF AMERICA CORPORATION COM 147,575 186,161
PRIMERICA INC COM 150,686 616,868
CONSTELLATION SOFTWARE INC COM 153,440 1,495,221
RAYMOND JAMES FINL INC COM 173,865 364,828
ANALOG DEVICES INC 187,291 197,369
AUTOHOME INC ADR 188,924 61,508
NVR INC COM 195,519 567,036
PROGRESSIVE CORP (OHIO) COM 213,030 453,470
B & M EUROPEAN VALUE RETAIL SA COM 218,912 342,320
LULULEMON ATHLETICA INC COM 222,093 374,776
FORTUNE BRANDS HOME & SECURITY COM 246,726 449,378
INSTALLED BUILDING PRODUCTS IN COM 254,976 429,444
AMETEK INC COM 257,283 923,384
CIENA CORP COM 279,372 189,267
M & T BANK CORP COM 285,326 244,962
KEYSIGHT TECHNOLOGIES INC COM 286,033 558,565
META PLATFORMS INC COM CL A 299,249 651,640
MEDPACE HOLDINGS INC 314,033 363,238
FISERV INC 321,144 362,786
FIVE BELOW INC COM 326,842 831,111
MARKEL CORP COM 331,908 722,729
ONEMAIN HLDGS INC COM 337,987 445,654
LITHIA MTRS INC COM 339,903 386,575
APOLLO GLOBAL MGMT INC NEW COM 357,948 594,086
DISCOVER FINL SVCS 364,988 423,973
BERKSHIRE HATHAWAY INC COM CL B 403,322 1,134,892
CARMAX INC COM 437,650 699,792
FIDELITY NATL FINL INC NEW FNF GROUP 519,508 620,811
ELEVANCE HEALTH INC COM 832,337 1,170,883

TY 2023 InvestmentsOtherSchedule2
Name:
BERNARD F & ALVA B GIMBEL FOUNDATION
 
INC
EIN:
13-6090843
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
DSM ALL WORLD GROWTH TRUST AT COST 10,682,488 9,374,806

TY 2023 LandEtcSchedule2
Name:
BERNARD F & ALVA B GIMBEL FOUNDATION
 
INC
EIN:
13-6090843
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
COMPUTER 9,307 9,306 1 1
FURNITURE 5,334 5,334 0 0
FURNITURE 195 194 1 1
FURNITURE 407 406 1 1
COMPUTER SOFTWARE 12,416 12,416 0 0
LEASEHOLD IMPROVEMENT 1,375 721 654 654
COMPUTER 6,115 4,586 1,529 1,529
OFFICE EQUIPMENT 652 488 164 164
FURNITURE 581 476 105 105
COMPUTER SOFTWARE 938 938 0 0
OFFICE EQUIPMENT 560 560 0 0
FURNITURE 3,040 3,039 1 1
LEASEHOLD IMPROVEMENT 1,400 654 746 746
COMPUTER SOFTWARE 3,440 3,440 0 0
FURNITURE 333 333 0 0
FIXTURE 962 962 0 0
LEASEHOLD IMPROVEMENT 125 51 74 74
COMPUTER 2,113 2,113 0 0
COMPUTER SOFTWARE 3,113 3,113 0 0
FURNITURE 2,028 2,028 0 0
LEASEHOLD IMPROVEMENT 300 135 165 165
FURNITURE 916 916 0 0
COMPUTER 2,366 1,858 508 508
COMPUTER 1,118 1,118 0 0
COMPUTER 714 713 1 1
COMPUTER SOFTWARE 3,104 3,104 0 0
COMPUTER SOFTWARE 2,829 2,829 0 0
FURNITURE 295 294 1 1
COMPUTER 508 508 0 0
COMPUTER 572 572 0 0
FURNITURE 223 223 0 0
FURNITURE 431 430 1 1
COMPUTER 1,202 1,201 1 1
LEASEHOLD IMPROVEMENT 4,580 1,073 3,507 3,507
COMPUTER EQUIPMENT 7,470 7,470 0 0
AMAZON NEW SERVER 795 795 0 0
LEASEHOLD IMPROVEMENT 811 91 720 720
COMPUTER 1,211 787 424 424
COMPUTER 1,792 1,164 628 628
LEASEHOLD IMPROVEMENT 810 82 728 728
COMPUTER 1,380 805 575 575


TY 2023 OtherAssetsSchedule
Name:
BERNARD F & ALVA B GIMBEL FOUNDATION
 
INC
EIN:
13-6090843
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
RENT SECURITY DEPOSIT 11,929 11,929 11,929


TY 2023 OtherExpensesSchedule
Name:
BERNARD F & ALVA B GIMBEL FOUNDATION
 
INC
EIN:
13-6090843
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FILING FEES 750 0 0 750
BANK CHARGES 538 0 0 538
DUES AND SUBSCRIPTIONS 750 0 0 750
INSURANCE EXPENSE 9,705 0 0 9,705
TELEPHONE EXPENSE 2,875 0 0 2,875
OFFICE EXPENSES & SUPPLIES 1,022 0 0 1,022
PAYROLL EXPENSES 2,157 0 0 2,157
COMPUTER AND INTERNET EXPENSES 16,646 0 0 16,646
INVESTMENT EXPENSE THRU PASS THRU DSM ALL WORLD 71,686 71,686 0 0


TY 2023 OtherIncomeSchedule2
Name:
BERNARD F & ALVA B GIMBEL FOUNDATION
 
INC
EIN:
13-6090843
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 417 417 417


TY 2023 OtherLiabilitiesSchedule
Name:
BERNARD F & ALVA B GIMBEL FOUNDATION
 
INC
EIN:
13-6090843
Description Beginning of Year - Book Value End of Year - Book Value
OTHER LIABILITIES 2,285 2,164


TY 2023 OtherProfessionalFeesSchedule
Name:
BERNARD F & ALVA B GIMBEL FOUNDATION
 
INC
EIN:
13-6090843
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES 282,196 282,196 0 0
COMPUTER CONSULTANT 5,450 0 0 5,450


TY 2023 TaxesSchedule
Name:
BERNARD F & ALVA B GIMBEL FOUNDATION
 
INC
EIN:
13-6090843
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GIVERNY - FOREIGN TAX PAID 4,704 4,704 0 0
PERSHING - FOREIGN TAX PAID 3,779 3,779 0 0
SCHWAB - FOREIGN TAX PAID 728 728 0 0
DSM ALL WORLD GROWTH TRUST 6,606 6,606 0 0
FEDERAL EXCISE TAXES 5,000 0 0 0