2024-11-14T10:58:13-06:00 2023-12-31 990PF 2023-01-01 141798234 Gerry Foundation Inc GERR 8452952400 PO Box 311 Liberty NY 12754 Eric Frances Treasurer 8452952400 2024-11-14 0 2023 2024-10-15 13:58:12Z X 149275289 X 2982261 1225890 1225979 1621800 1613693 52200 52200 52200 -38112 5810239 5282860 433968 0 6278007 8174732 0 0 0 63192 0 63192 1182452 1071028 3333 286282 286282 0 226933 52071 78024 206532 0 1657203 422597 1233733 3622594 1831978 1378282 6594276 6565621 10216870 1831978 7943903 -3938863 6342754 372847 250 250 11876071 8817193 8817193 135703 148039 148039 22550675 23122717 24493410 57426545 60543182 101202780 16989834 2376217 18899363 14613617 14613617 111261204 107244998 149275289 77343 77343 0 X 111183861 107244998 111183861 107244998 111261204 107244998 111183861 -3938863 0 107244998 0 107244998 Redemption of Alternative Investments P 1341787 1341787 1341787 Short Term Gains from LP Investments P 844214 844214 844214 Long Term Gains from LP Investments P 473021 473021 473021 Write-down of land P 0 0 Publicly Traded Securities D 5781 5660 121 121 Publicly Traded Securities D 3144975 521280 2623695 2623695 Publicly Traded Securities P 461 439 22 22 5282860 88164 0 88164 0 88164 63567 0 50000 0 113567 X 0 25403 25403 0 0 0 0 0 0 0 0 0 1 1 0 1 1 DE NY 1 0 0 0 0 1 N/A Eric Frances 8452952400 PO Box 311 Liberty NY 12754 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 Sandra Gerry 5811 Pelican Bay Blvd Ste 400 Naples FL 34108 Director 2.00 0 0 0 Annelise Gerry 5811 Pelican Bay Blvd Ste 400 Naples FL 34108 Director 2.00 0 0 0 Robyn Gerry 5811 Pelican Bay Blvd Ste 400 Naples FL 34108 Director 2.00 0 0 0 Adam Gerry 5811 Pelican Bay Blvd Ste 400 Naples FL 34108 Director/President 5.00 0 0 0 Peter Racette PO Box 311 Liberty NY 12754 Asst. Secretary 5.00 0 0 0 Michael Fitzpatrick PO Box 311 Liberty NY 12754 Secretary 5.00 0 0 0 Eric Frances PO Box 311 Liberty NY 12754 Treasurer 5.00 0 0 0 Ronald Greenberg 1221 Avenue of the Americas 25th Fl New York NY 10020 Asst. Treasurer 2.00 0 0 0 Alan Gerry PO Box 311 Liberty NY 12754 Director/Chairperson 5.00 0 0 0 NONE 0 Granite Associates Inc 5811 Pelican Bay Blvd Ste 400 Naples FL 34108 Investment Management 1179119 Grant Thornton LLP 33570 Treasury Center Chicago IL 60964 Accounting Services 63192 0 0 18198328 7170481 100792780 126161589 0 0 126161589 1892424 124269165 6213458 6213458 88164 54158 142322 6071136 0 6071136 0 6071136 7943903 0 38173 7982076 6071136 0 0 986726 2297551 1806390 5090667 7982076 0 0 0 6071136 1910940 0 0 7001607 0 0 0 0 0 0 986726 6014881 2297551 1806390 1910940 Alan Gerry Igor Birman PO Box 311 Liberty NY 12754 8452952400 Letter including all pertinent information and purpose of funds None Preferentially Sullivan County, NY Bethel Woods Center for the Arts PO Box 222 Liberty NY 12754 N/A PC In June 2023, the Gerry Foundation contributed land to Bethel Woods Center for the Arts, Inc. with a book value of $4,096,144. Fair market value of the land per appraisals was determined to be $731,000. The difference between the fair market value and the foundation's book value resulted in a write-down of $3,365,144. 731000 Catskill Animal Rescue Inc 263 Old Monticello Road Ferndale NY 12754 N/A PC Community Beautification Projects 512 Cornell University 140 Sibley Hall Ithaca NY 14853 N/A GOV Support for the College of Veterinary Medicine 30000 From Abrams Capital Partners II LP (EIN 04-3455023) 2023 K-1 222 Berkeley Street Boston MA 02116 N/A NC Charitable Contribution per 2023 K-1 21 Memorial Sloan Kettering 633 3rd Avenue 28th Fl New York NY 10017 N/A PC Support for the Metastasis and Tumor Ecosystem Center 4000000 NYS Troops PBA Signal 30 Benefit Fund 48 Howard Street Albany NY 12207 N/A PC Special Event Sponsorship 10000 Rent My Escape 82 1/2 Watkins Avenue Middletown NY 10940 N/A NC Community Beautification Projects 500 Sullivan 180 Inc PO Box 311 Liberty NY 12754 N/A PC Funding for programs and projects that further the mission to improve the health and well-being of the residents of Sullivan County, NY by changing policies, systems and programs that will improve overall quality of life. 1522243 Town of Liberty 120 North Main St Liberty NY 12754 N/A GOV Community Beautification Projects 150000 Town of Rockland PO Box 964 Livingston Manor NY 12758 N/A GOV Community Beautification Projects 50000 Village of Monticello 2 Pleasant Street Monticello NY 12701 N/A GOV Community Beautification Projects 100000 6594276 0 14 1225890 14 1621800 16 52200 525990 396479 14 37489 18 -38112 396479 2899267 0 3295746 0 0 0 0 0 0 0 0 0 0 X X 1 Alan Gerry PO Box 311 Liberty NY 12754 2978150 X 1 40,977 shares of Albertson's Companies, Inc. stock 858058 2023-06-14 1 24,995 shares of Freshworks, Inc. stock 561888 2023-08-11 1 4,641 shares of Advanced Drainage Systems Inc. stock 567362 2023-08-18 1 1,156 shares of Transdigm Group, Inc. stock 990842 2023-08-18 Grant Thornton, LLP 63192 0 63192 Rent My Escape 82 1/2 Watkins Avenue Middletown NY 10940 2022-10-12 500 Project: Signage. Mini grant which is part of a larger project to beautify Sullivan County, NY. The entire project benefits Sullivan County and its residents. 500 No 02/04/2023 The grantor has no reason to doubt the accuracy or reliability of the report from the grantee; therefore, no independent verification of the report was made. Equity Investments 23122717 24493410 Alternative Investments AT COST 60543182 101202780 Repairs & Maintenance 19123 11549 7574 Common Area Maintenance Fees 1190000 0 1190000 Licenses 745 0 745 Advertising 702 0 702 Insurance 30953 4144 26809 Utilities 19305 11659 7646 Personnel Expenses 20 0 20 Bank Charges 135 135 0 Stationary & Supplies 92 0 92 Postage 145 0 145 Ordinary Loss from Limited Partnerships 395110 395110 0 Nondeductible Expenses 873 0 0 Tax Exempt Income from Limited Partnership 37489 0 37489 Gain Reported on Form 990-T (Includes net cap gain) 396479 0 396479 Kathleen Davidoff (Consulting) 3333 0 3333 Management Fees 1179119 1071028 0 Real Estate Taxes 99199 24834 74365 State & Corporate Taxes 1438 0 600 Federal Taxes 96000 0 0 Other Taxes 3059 0 3059 Withholding Taxes 27237 27237 0