S & G FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- S & G FOUNDATION (EIN 36-4193183)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202403209349107025
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers Frm Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T16:10:00-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331197384 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDERSEN TAX LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1177 AVENUE OF THE AMERICAS 18TH | AddressLine1Txt |
| Address Line2 | FLOOR | AddressLine2Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364193183 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | S&G FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | S&GF | BusinessNameControlTxt |
| Phone | 5188864000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO K HEISS AYCO PO BOX 15201 | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12212 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LANSING DAVIS | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 6462135100 | PhoneNum |
| Signature | 2024-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DION DEMETROPOULOS | PreparerPersonNm |
| PTIN | P01072229 | PTIN |
| Phone | 6462135100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,881,713,662 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,498,352 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $992,525 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $992,525 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $43,083,859 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $43,083,859 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$82,433,395 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $56,048,306 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,988,185 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,029,655 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | -$34,870,474 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $45,106,039 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $11,186 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $11,186 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $49,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $24,500 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $24,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $773,082 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $449,082 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $324,000 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $11,659,597 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $11,659,597 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,281,841 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $81,841 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $7,330,006 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $7,308,638 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $23,104,712 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $19,534,844 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $348,504 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $125,578,042 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $125,578,042 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $148,682,754 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $19,534,844 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $125,926,546 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$183,553,228 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $25,571,195 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $11,406,845 | CashBOYAmt |
| Cash EOY | $4,444,209 | CashEOYAmt |
| Cash EOYFMV | $4,444,209 | CashEOYFMVAmt |
| Corporate Stock BOY | $489,273,609 | CorporateStockBOYAmt |
| Corporate Stock EOY | $432,414,438 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,366,053,528 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,117,867,236 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,051,021,265 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,511,215,925 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,618,547,690 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,487,879,912 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,881,713,662 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $1,400,944,330 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,453,829,780 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $217,603,360 | RetainedEarningBOYAmt |
| Retained Earning EOY | $34,050,132 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,618,547,690 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,487,879,912 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,618,547,690 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,487,879,912 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,618,547,690 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$183,553,228 | ExcessRevenueOverExpensesAmt |
| Other Increases | $52,885,450 | OtherIncreasesAmt |
| Subtotal | $1,487,879,912 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,487,879,912 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (15 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| FIDELITY #1319 - PUBLICLY TRADED SECURITIES | $585,680 | $615,651 | -$29,971 | -$29,971 | |
| JP MORGAN #9004 - PUBLICLY TRADED SECURITIES | $11,404 | $22,961,638 | -$22,950,234 | -$22,950,234 | |
| GOLDMAN SACHS #7600 - PUBLICLY TRADED SECURITIES | $1,396,547 | $1,194,656 | $201,891 | $201,891 | |
| GOLDMAN SACHS #5972 - PUBLICLY TRADED SECURITIES | $627,377 | $624,580 | $2,797 | $2,797 | |
| FIDELITY #0279 - PUBLICLY TRADED SECURITIES | $1,255,003 | $1,263,644 | -$8,641 | -$8,641 | |
| FIDELITY #2240 - PUBLICLY TRADED SECURITIES | $644,109 | $659,703 | -$15,594 | -$15,594 | |
| FIDELITY #1319 - PUBLICLY TRADED SECURITIES | $3,096,053 | $3,348,811 | -$252,758 | -$252,758 | |
| GOLDMAN SACHS #7600 - PUBLICLY TRADED SECURITIES | $6,180,968 | $5,947,679 | $233,289 | $233,289 | |
| GOLDMAN SACHS #5972 - PUBLICLY TRADED SECURITIES | $5,648,601 | $4,812,387 | $836,214 | $836,214 | |
| FIDELITY #0279 - PUBLICLY TRADED SECURITIES | $7,160,159 | $6,103,721 | $1,056,438 | $1,056,438 | |
| FIDELITY #1704 - PUBLICLY TRADED SECURITIES | $9,968,318 | $2,850,218 | $7,118,100 | $7,118,100 | |
| FIDELITY #2240 - PUBLICLY TRADED SECURITIES | $1,636,413 | $1,703,805 | -$67,392 | -$67,392 | |
| FROM PASSTHROUGHS | $86,395,208 | -$86,395,208 | -$86,395,208 | P | |
| FROM PASSTHROUGHS | $17,320,518 | $17,320,518 | $17,320,518 | P | |
| CAPITAL GAINS DIVIDENDS | $517,156 | $517,156 | $517,156 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$82,433,395 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$109,194,960 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $355,440 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $355,440 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $355,440 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,813,215 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $500,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,313,215 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,957,775 | OverpaymentAmt |
| Applied To ES Tax | $1,000,000 | AppliedToESTaxAmt |
| Refund | $957,775 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | 0 | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CO K HEISS AYCO COMPANY | IndividualWithBooksNm |
| Phone | 5188864299 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 COLISEUM DRIVE | AddressLine1Txt |
| City | COHOES | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12047 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| GALE L DAVIS | ||||||||
| C/O K HEISS AYCO PO BOX 15201 | ALBANY | NY | 12212 | SECRETARY | 5.00 | $0 | $0 | $0 |
| CRAIG CORNELIUS | ||||||||
| C/O K HEISS AYCO PO BOX 15201 | ALBANY | NY | 12212 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| LANSING A DAVIS | ||||||||
| C/O K HEISS AYCO PO BOX 15201 | ALBANY | NY | 12212 | TREASURER | 5.00 | $0 | $0 | $0 |
| SHELBY MC DAVIS | ||||||||
| C/O K HEISS AYCO PO BOX 15201 | ALBANY | NY | 12212 | PRESIDENT | 5.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PHILIP O GEIER | |||||
| 460 PIERCE ST | MONTEREY | CA | 93940 | GRANTS CONSULTING | $216,000 |
| JACOB MNOOKIN | |||||
| C/O AYCO PO BOX 15201 | ALBANY | NY | 12212 | GRANTS CONSULTING | $108,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,299,800,451 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $14,085,408 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,511,215,925 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,825,101,784 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,825,101,784 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $42,376,527 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,782,725,257 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $139,136,263 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $139,136,263 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $355,440 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $178,209 | IncomeTaxAmt |
| Total Tax | $533,649 | TotalTaxAmt |
| Distributable Before Adj | $138,602,614 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $138,602,614 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $138,602,614 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $125,926,546 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $125,926,546 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $138,602,614 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $118,793,617 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $125,926,546 | QualifyingDistributionsAmt |
| Applied To Year1 | $118,793,617 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $7,132,929 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $131,469,685 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SHELBY MC DAVIS | ContributingManagerNm |
| Shareholder Manager | LANSING A DAVIS | ShareholderManagerNm |
| Shareholder Manager | SHELBY MC DAVIS | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| VARIOUS - CASH (SEE STATEMENT) | ||||||
| C/O K HEISS AYCO PO BOX 15201 | ALBANY | NY | 12212 | PC | GENERAL CHARITABLE PURPOSES | $14,932,478 |
| VARIOUS - STOCK (SEE STATEMENT) | ||||||
| C/O K HEISS AYCO PO BOX 15201 | ALBANY | NY | 12212 | PC | GENERAL CHARITABLE PURPOSES | $110,645,564 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $125,578,042 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $992,525 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $43,083,859 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | $943,902 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $1,988,185 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$82,433,395 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $943,902 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$36,368,826 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$35,424,924 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRINCETON UNIVERSITY | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 701 CARNEGIE CENTER SUITE 556 | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08544 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,498,352 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEES | CategoryTxt |
| Amt | $49,000 | Amt |
| Net Investment Income | $24,500 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $24,500 | DisbursementsCharitablePrpsAmt |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | WYOMING - NOT REQUIRED | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS #0897 - PUBLICLY TRADED SECURITIES | $79,381,960 | $221,068,336 |
| GOLDMAN SACHS #7600 - PUBLICLY TRADED SECURITIES | $26,354,515 | $48,986,146 |
| GOLDMAN SACHS #5972 - PUBLICLY TRADED SECURITIES | $11,883,735 | $17,321,543 |
| MORGAN STANLEY #1880 - PUBLICLY TRADED SECURITIES | $1,507,015 | $3,984,540 |
| MORGAN STANLEY #OJO2 - PUBLICLY TRADED SECURITIES | $19,168,696 | $35,496,491 |
| FIDELITY #2240 - PUBLICLY TRADED SECURITIES | $15,593,615 | $17,900,407 |
| FIDELITY #1319 - PUBLICLY TRADED SECURITIES | $6,600,104 | $8,630,120 |
| FIDELITY #1704 - PUBLICLY TRADED SECURITIES | $131,276,753 | $637,559,855 |
| FIDELITY #0279 - PUBLICLY TRADED SECURITIES | $45,688,777 | $50,056,614 |
| JP MORGAN #9004 - PUBLICLY TRADED SECURITIES | $87,241,047 | $310,145,583 |
| WELLS FARGO #8259 - PUBLICLY TRADED SECURITIES | $7,718,221 | $14,903,893 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (18 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GS CORPORATE CREDIT INV OFFSH | AT COST | $7,342,967 | $13,838,811 |
| GS GLOBAL LONG SHORT PTRS OFSH | AT COST | $962,571 | $63,627 |
| GS VINTAGE VII LP OFFSHORE | AT COST | $2,728,905 | $2,667,647 |
| GS PRIV MID MRKT CRED OFFSH | AT COST | $3,100,551 | $1,477,054 |
| GS GLOBAL ATLANTIC OFFSH LTD | AT COST | $10,611,542 | $25,738,978 |
| GS WEST ST CAP PTRS VII PAR LP | AT COST | $1,713,372 | $2,822,731 |
| DAVIS PARTNERSHIP LP | AT COST | $909,894,523 | $1,326,839,057 |
| PETRUS FARMLAND INVESTORS I LP | AT COST | $3,332,124 | $6,529,945 |
| PETERSHILL II OFFSHORE LP | AT COST | $4,845,473 | $5,311,347 |
| GREEN STREET BANCFUND LP | AT COST | $23,552,300 | $27,902,914 |
| LANSING MANAGEMENT ONSHORE LP | AT COST | $2,621,540 | $3,816,667 |
| BLUE WATER LIFE SCIENCE FD LP | AT COST | $27,449,739 | $22,996,503 |
| BLUE PINE FINANCIAL OPP II LP | AT COST | $12,143,068 | $12,137,817 |
| GLOBAL FRONTIER PTRS LP | AT COST | $11,127,459 | $8,713,060 |
| GLOBAL FRONTIER QUANTUM OPP LP | AT COST | $21,177,973 | $37,278,609 |
| SELKIRK PARTNERS LP | AT COST | $5,627,546 | $8,595,022 |
| USA FUND LLLP | AT COST | $576,191 | $1,154,420 |
| WORLD TOTAL RETURN LLLP | AT COST | $2,213,421 | $3,331,716 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $11,186 | LegalFeesAmt |
| Net Investment Income | $11,186 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PORTFOLIO DED FROM PASSTHROUGH | $7,308,638 | $7,308,638 | $0 | $0 |
| CHARITABLE CONTRBS THROUGH INV | $4 | $0 | $0 | $4 |
| NONDEDUCTIBLE FROM PASSTHROUGH | $21,339 | $0 | $0 | $0 |
| STATE OF WYOMING FEE | $25 | $0 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ROYALTY INCOME FROM PASSTHROUGHS | $1,072 | $1,072 | $0 |
| ORDINARY INCOME FROM PASSTHROUGHS | $3,685,501 | $2,741,599 | $0 |
| RENTAL INCOME FROM PASSTHROUGHS | $27,591 | $27,591 | $0 |
| SEC. 988 INCOME FROM PASSTHROUGHS | -$1,655,305 | -$1,655,305 | $0 |
| OTHER PORTFOLIO INCOME FROM PASSTHROUGHS | $5,836 | $5,836 | $0 |
| OTHER INCOME FROM PASSTHROUGHS | -$78,703 | -$93,331 | $0 |
| SEC. 1231 INCOME FROM PASSTHROUGHS | $2,193 | $2,193 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | APPRECIATION OF DONOR'S COST BASIS FOR STOCKS AND ASSETS DONATED | Desc |
| Amt | $52,885,450 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES | $449,082 | $449,082 | $0 | $0 |
| PHILIP GEIER CONSULTING | $216,000 | $0 | $0 | $216,000 |
| JACOB MNOOKIN CONSULTING | $108,000 | $0 | $0 | $108,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FEDERAL TAXES | $3,200,000 | $0 | $0 | $0 |
| FOREIGN TAXES | $81,841 | $81,841 | $0 | $0 |
Transfers Frm Controlled Entities TransfersFrmControlledEntities
Transfers From Controlled Ent TransfersFromControlledEntGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | DescDesc | AmtAmt |
|---|---|---|---|---|---|---|
| WORLD TOTAL RETURN FUND | ||||||
| 2907 WEST STRATHMORE AVE | BALTIMORE | MD | 21209 | 521799733 | TAXABLE INCOME, DEDUCTIONS, GAINS AND LOSSES | $0 |
| USA FUND | ||||||
| 2907 WEST STRATHMORE AVE | BALTIMORE | MD | 21209 | 521799734 | TAXABLE INCOME, DEDUCTIONS, GAINS AND LOSSES | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,204 | TotalAmt |
Comments