S & G FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- S & G FOUNDATION (EIN 36-4193183)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-04-04
- IRS object ID
- 202200949349100855
- Schema version
- 2020v4.1
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers Frm Controlled Entities
- Transfers To Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-04-04T12:32:13-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Ayco Company LP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 15201 | AddressLine1Txt |
| City | Albany | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 122125201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | 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) |
|---|---|---|
| In Care Of | % C/O K HEISS AYCO COMPANY | InCareOfNm |
| Business Name Control | S&GF | BusinessNameControlTxt |
| Phone | 5188864000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o 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 | 5186404000 | PhoneNum |
| Signature | 2022-04-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | lansing | PersonFirstNm |
| Person Last | davis | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | christine diionna | PreparerPersonNm |
| PTIN | P00999533 | PTIN |
| Phone | 5188864000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,545,108,822 | 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 | $200,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $40,334 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $40,334 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $28,123,037 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $27,258,447 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $62,967,809 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $79,708,361 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $62,967,808 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,805,503 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,636,514 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $294,936,683 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $93,903,103 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $2,205,095 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,065,095 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $100,000 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $156,048 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $156,048 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $4,868,929 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $116,158 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $6,353,173 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $6,332,549 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $21 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $13,583,245 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $8,669,850 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $100,021 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $81,195,350 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $81,195,350 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $94,778,595 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $8,669,850 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $81,295,371 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $200,158,088 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $85,233,253 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $0 | CashBOYAmt |
| Cash EOY | $0 | CashEOYAmt |
| Sav And Temp Cash Invst BOY | $82,728,199 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $43,859,379 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $43,859,379 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $413,422,962 | CorporateStockBOYAmt |
| Corporate Stock EOY | $403,277,004 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,074,516,134 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $650,986,846 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $732,952,776 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,426,733,309 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,147,138,007 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,180,089,159 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,545,108,822 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $1,147,138,007 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,180,089,159 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,147,138,007 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,180,089,159 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,147,138,007 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,180,089,159 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,147,138,007 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $200,158,088 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,347,296,095 | SubtotalAmt |
| Other Decreases | $167,206,936 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,180,089,159 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (18 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 171.052 SHS GS GLOBAL LONG SHORT PARTNERS | P | 2021-05-01 | $18,578 | $17,105 | $1,473 | $1,473 |
| GS 89-7 (DETAIL AVAILABLE) | P | 2021-06-30 | $33,540,285 | $2,685,687 | $30,854,598 | $30,854,598 |
| GS 760 | P | 2021-06-30 | $6,004,709 | $5,368,708 | $636,001 | $636,001 |
| GS 597 | P | 2021-06-30 | $3,424,269 | $2,471,615 | $952,654 | $952,654 |
| MS 38 | P | 2021-06-30 | $3,023,597 | $1,426,740 | $1,596,857 | $1,596,857 |
| FID 240 | P | 2021-06-30 | $2,715,762 | $2,490,606 | $225,156 | $225,156 |
| FID 319 | P | 2021-06-30 | $321,838 | $218,923 | $102,915 | $102,915 |
| FID 279 | P | 2021-06-30 | $1,146,264 | $824,562 | $321,702 | $321,702 |
| WF | P | 2021-06-30 | $2,101,036 | $1,236,607 | $864,429 | $864,429 |
| CAPITAL GAIN DIVIDENDS | P | $114,214 | ||||
| CAPITAL GAIN DIVIDENDS | P | $114,214 | ||||
| CAPITAL GAIN DIVIDENDS | P | $114,214 | ||||
| CAPITAL GAIN DIVIDENDS | P | $114,214 | ||||
| CAPITAL GAIN DIVIDENDS | P | $114,214 | ||||
| CAPITAL GAIN DIVIDENDS | P | $114,214 | ||||
| CAPITAL GAIN DIVIDENDS | P | $114,214 | ||||
| CAPITAL GAIN DIVIDENDS | P | $114,214 | ||||
| CAPITAL GAIN DIVIDENDS | P | $114,214 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $62,967,808 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,184,742 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,184,742 | SubtotalAmt |
| Tax Based On Investment Income | $1,184,742 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,012,191 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $2,012,191 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $827,449 | OverpaymentAmt |
| Applied To ES Tax | $827,449 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | WY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CO K HEISS AYCO COMPANY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | 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 |
|---|---|---|---|---|---|---|---|---|
| SHELBY MC DAVIS | ||||||||
| c/o k heiss ayco po box 15201 | albany | NY | 12212 | PRESIDENT - 5 hours | 0 | $0 | $0 | $0 |
| GALE L DAVIS | ||||||||
| c/o k heiss ayco po box 15201 | albany | NY | 12212 | secretary - 5 hours | 0 | $0 | $0 | $0 |
| JACOB MNOOKIN | ||||||||
| c/o k heiss ayco po box 15201 | albany | NY | 12212 | VICE PRESIDENT - <1 hour | 0 | $0 | $0 | $0 |
| LANSING A DAVIS | ||||||||
| c/o k heiss ayco po box 15201 | albany | NY | 12212 | TREASURER - 5 hours | 0 | $0 | $0 | $0 |
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 | $100,000 |
| CAPITAL IDEAS INC | |||||
| C/O SORENSEN SORENSEN PC PO BOX | JACKSON | WY | 83001 | INVSTMENT CONSULTING | $2,055,095 |
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 | Description1Txt |
| Description2 | INTERNAL REVENUE CODE SECTION 501(C)(3). | Description2Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,007,635,744 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $64,854,081 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,019,774,643 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,092,264,468 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,092,264,468 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $31,383,967 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,060,880,501 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $103,044,025 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $103,044,025 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,184,742 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $192,511 | IncomeTaxAmt |
| Total Tax | $1,377,253 | TotalTaxAmt |
| Distributable Before Adj | $101,666,772 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $101,666,772 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $101,666,772 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $81,295,371 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $81,295,371 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $81,295,371 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $101,666,772 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $79,352,743 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $81,295,371 | QualifyingDistributionsAmt |
| Applied To Year1 | $79,352,743 | AppliedToYear1Amt |
| Applied To Current Year | $1,942,628 | 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 |
| Undistributed Income CY | $99,724,144 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SHELBY MC DAVIS | ContributingManagerNm |
| Shareholder Manager | SHELBY MC DAVIS | ShareholderManagerNm |
| Shareholder Manager | LANSING A 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 RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| VARIOUS CASH (SEE ATTACHMENT) | |||||||
| VARIOUS | various | NY | 12866 | NONE | PC | GENERAL CHARITABLE PURPOSES | $404,000 |
| VARIOUS STOCK (SEE ATTACHMENT) | |||||||
| various | various | NY | 12866 | none | PC | GENERAL CHARITABLE PURPOSES | $80,791,350 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $81,195,350 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $40,334 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $28,123,037 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 110000 | BusinessCd |
| Unrelated Business Taxbl Incm | $168,989 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $3,636,514 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $62,967,809 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $168,989 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $94,767,694 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $94,936,683 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | n/a | LineNumberTxt |
| Relationship Statement | n/a | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | 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 Person | SHELBY MC AND GALE L DAVIS | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O AYCO PO BOX 15201 | AddressLine1Txt |
| City | Albany | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12212 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $200,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | interest in davis partnership lp | NoncashPropertyDesc |
| Fair Market Value | $200,000,000 | FairMarketValueAmt |
| Received | 2021-05-01 | ReceivedDt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (16 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS 089 | $55,314,256 | $170,835,778 |
| GOLDMAN SACHS 760 | $20,811,139 | $43,438,783 |
| GOLDMAN SACHS 597 | $9,864,033 | $14,519,534 |
| GOLDMAN SACHS 658 | $3,750,000 | $3,881,250 |
| MORGAN STANLEY SMITH BARNEY 80 | $2,897,731 | $5,090,033 |
| MORGAN STANLEY SMITH BARNEY 38 | $11,335,773 | $21,628,642 |
| FIDELITY 240 | $14,792,995 | $19,358,588 |
| FIDELITY 319 | $6,405,679 | $7,732,588 |
| FIDELITY 704 | $128,315,765 | $334,130,523 |
| FIDELITY 279 | $31,856,151 | $36,517,487 |
| JP MORGAN | $97,508,503 | $363,710,044 |
| WELLS FARGO | $7,718,501 | $15,107,644 |
| KKR & CO INC VIA GS | $5,383,072 | $17,831,240 |
| KKR & CO INC VIA JPM | $3,550,964 | $13,032,800 |
| KKR & CO INC VIA FID | $3,772,442 | $7,701,200 |
| SHATTUCK LABS INC | $0 | $0 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (26 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GS CORPORATE CREDIT INV OFFSH | AT COST | $7,342,967 | $13,240,076 |
| GS GLOBAL LONG SHORT PTRS OFSH | AT COST | $1,013,661 | $514,580 |
| GS LIBERTY HARBOR OFFSHORE | AT COST | $217,825 | $146 |
| GS MEZZANINE PARTNERS V OFFSH | AT COST | $91,409 | $23,310 |
| GS DEVELOPING MKTS RE OFFSH | AT COST | $325,814 | $18,469 |
| GS VINTAGE VII LP OFFSHORE | AT COST | $2,011,183 | $3,146,427 |
| GS PRIV MID MRKT CRED OFFSH | AT COST | $3,100,550 | $2,561,836 |
| JPM MIDOCEAN III PRIV OFFSHORE | AT COST | $870,713 | $343,148 |
| JPM HIGHBRIDGE MEZZ OFFSHORE | AT COST | $612,634 | $421,960 |
| SECOND CURVE VISION FD INTL | AT COST | $1,649,788 | |
| GS GLOBAL ATLANTIC OFFSH LTD | AT COST | $10,611,773 | $20,439,115 |
| GS WEST ST CAP PTRS VII PAR LP | AT COST | $2,154,805 | $3,088,129 |
| DAVIS PARTNERSHIP LP | AT COST | $577,103,034 | $1,230,523,573 |
| PETRUS FARMLAND INVESTORS I LP | AT COST | $3,780,396 | $6,245,434 |
| PETERSHILL II OFFSHORE LP | AT COST | $4,207,266 | $5,247,255 |
| GREEN STREET BANCFUND LP | AT COST | $23,390,493 | $30,851,040 |
| LANSING MANAGEMENT ONSHORE LP | AT COST | $2,523,275 | $4,536,410 |
| BLUE WATER LIFE SCIENCE FD LP | AT COST | $53,215,910 | $56,149,253 |
| BLUE PINE FINANCIAL OPP II LP | AT COST | $4,500,000 | $4,677,794 |
| GLOBAL FRONTIER PTRS LP | AT COST | $13,940,307 | $17,024,887 |
| GLOBAL FRONTIER QUANTUM OPP LP | AT COST | $11,216,258 | $11,326,336 |
| GS VINTAGE VII AIV OFFSH SCSP | AT COST | $209,422 | $195,068 |
| SELKIRK PARTNERS LP | AT COST | $5,717,661 | $12,733,342 |
| USA FUND LLLP | AT COST | $872,528 | $924,423 |
| WORLD TOTAL RETURN LLLP | AT COST | $1,996,236 | $2,104,509 |
| GS WEST STREET CAP PTRS PARA B | AT COST | $276,868 | $396,789 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| APPRECIATION OF DONORS COST BASIS FOR | $167,206,936 |
| STOCKS AND ASSETS DONATED INTO THE | $0 |
| FOUNDATION AND STOCKS DONATED TO CHARITY | $0 |
| FROM THE FOUNDATION | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ACCOUNT MGMT INVESTMENT FEES | $507,220 | $507,220 | |
| INVESTMENT MANAGEMENT FEES | $1,375,656 | $1,375,656 | |
| PORTFOLIO DED FROM PASSTHROUGH | $4,463,562 | $4,449,673 | |
| CHARITABLE CONTRBS THROUGH INV | $21 | $21 | |
| NONDEDUCTIBLE FROM PASSTHROUGH | $168 | ||
| STATE OF WYOMING FEE | $25 | ||
| LEGAL FEES | $6,521 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| invst inc gs vintage vii offsh | $63,053 | $63,053 |
| invst inc gs priv mid mrkt credit offsh | $891,412 | $891,412 |
| invst inc jpm midocean iii private offsh | $64,001 | $64,001 |
| invst inc jpm highbridge mezzanine offsh | -$3,717 | -$3,717 |
| section 988 from passthroughs | -$61,254 | -$61,254 |
| portfolio income from passthroughs | $2,015 | $2,015 |
| rental income from passthroughs | $8,150 | $8,150 |
| royalty income from passthroughs | -$44 | -$44 |
| section 1231 from passthroughs | -$1,877 | -$1,877 |
| ordinary inc(loss) from passthroughs | $116,241 | -$52,748 |
| foreign currency adjustment ms 038 | $2,721,386 | $2,721,386 |
| other portfolio inc from brokerage | $6,137 | $6,137 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| GRANTS CONSULTING FEE | $100,000 | $100,000 | |
| AYCO TAX PREPARATION FEE | $50,000 | $10,000 | |
| CAPITAL IDEAS INVST CONSULTING | $2,055,095 | $2,055,095 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL TAXES | $4,752,771 | |
| FOREIGN TAXES | $116,158 | $116,158 |
Transfers Frm Controlled Entities TransfersFrmControlledEntities
Transfers From Controlled Ent TransfersFromControlledEntGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | DescDesc | AmtAmt |
|---|---|---|---|---|---|---|
| DAVIS PARTNERSHIP LP | ||||||
| 3 HARBOR DRIVE SUITE 301 | SAUSALITO | CA | 94965 | 262372169 | TAXABLE INCOME, DEDUCTIONS, GAINS AND LOSSES = $27,966,187 | $0 |
| GREEN STREET BANCFUND LP | ||||||
| 3 harbor drive suite 301 | sausalito | CA | 94965 | 471995432 | TAXABLE INCOME, DEDUCTIONS, GAINS AND LOSSES = $-531,225 | $0 |
| blue water life science fund lp | ||||||
| c/o priv wlth 80 east sir francis | larkspur | CA | 94939 | 384028950 | TAXABLE INCOME, DEDUCTIONS, GAINS AND LOSSES = $4,919,314 | $0 |
Transfers To Controlled Entities TransfersToControlledEntities
Transfers To Controlled Ent TransfersToControlledEntGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | DescDesc | AmtAmt |
|---|---|---|---|---|---|---|
| DAVIS PARTNERSHIP LP | ||||||
| 3 HARBOR DRIVE SUITE 301 | SAUSALITO | CA | 94965 | 262372169 | CAPITAL CONTRIBUTIONS = $5,000,000 | $0 |
| GREEN STREET BANCFUND LP | ||||||
| 3 HARBOR DRIVE SUITE 301 | SAUSALITO | CA | 94965 | 471995432 | CAPITAL CONTRIBUTIONS = $5,000,000 | $0 |
| blue water life science fund lp | ||||||
| c/o priv wlth 80 east sir francis | larkspur | CA | 94939 | 384028950 | CAPITAL CONTRIBUTIONS = $34,500,000 | $0 |
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