S & G FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- S & G FOUNDATION (EIN 36-4193183)
- Tax period
- 2021-07-01 to 2021-12-31
- Filed
- 2022-11-10
- IRS object ID
- 202203149349102135
- Schema version
- 2021v4.2
- 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
- Legal Fees Schedule
- Other Assets Schedule
- 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 | 2022-11-10T13:01:33-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | 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 | 2021-07-01 | 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 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 | 5186404000 | PhoneNum |
| Signature | 2022-11-15 | 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 | 999009999 | 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 | 2021 | 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 | $3,036,101,436 | 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 | $408,804,849 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $5,065 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5,065 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $28,339,300 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $23,525,215 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $121,212,433 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $134,726,459 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $121,212,433 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,976,048 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,719,394 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $562,337,695 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $148,462,107 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $5,396 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $3,856 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $1,350,307 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,330,252 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $395,890 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $395,890 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $885,196 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $85,196 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $8,282,067 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $8,273,487 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $98 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $10,918,856 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,088,681 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $98 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $103,495,937 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $103,495,937 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $114,414,793 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,088,681 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $103,496,035 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $447,922,902 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $138,373,426 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $0 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $43,859,379 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $72,388,206 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $72,388,206 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $403,277,004 | CorporateStockBOYAmt |
| Corporate Stock EOY | $458,045,969 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,410,003,849 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $732,952,776 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $942,547,514 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,553,646,139 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $63,242 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $63,242 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,180,089,159 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,473,044,931 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,036,101,436 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $1,180,089,159 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,473,044,931 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,180,089,159 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,473,044,931 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,180,089,159 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,473,044,931 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,180,089,159 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $447,922,902 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,628,012,061 | SubtotalAmt |
| Other Decreases | $154,967,130 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,473,044,931 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (24 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 510.9 SHS GLOBAL LONG SHORT PARTNERS | P | 2008-01-02 | 2021-10-01 | $17,028 | $51,090 | -$34,062 | -$34,062 |
| GS DEVELOPING MARKETS RE CO OFFSHORE | P | 2007-11-23 | 2021-12-16 | $19,587 | $325,814 | -$306,227 | -$306,227 |
| GS 760 | P | 2021-12-31 | $7,512,804 | $5,105,435 | $2,407,369 | $2,407,369 | |
| GS 597 | P | 2021-12-31 | $16,287 | $20,500 | -$4,213 | -$4,213 | |
| PREFERRED GLOBAL ATLANTIC CO 9.5% 10/1/2046 | P | 2021-10-01 | $3,750,000 | $3,750,000 | |||
| MS 038 | P | 2021-12-31 | $1,112,609 | $470,288 | $642,321 | $642,321 | |
| FID 19 | P | 2021-12-31 | $31 | $31 | $31 | ||
| ALTERNATIVE SECOND CURVE | P | 2008-01-01 | 2021-07-09 | $4,373,415 | $1,649,788 | $2,723,627 | $2,723,627 |
| FID 2240 | P | 2021-12-31 | $21 | -$21 | -$21 | ||
| FID 279 | P | 2021-12-31 | $602,327 | $370,273 | $232,054 | $232,054 | |
| JPM | D | 2021-12-31 | $27,902,188 | $1,567,970 | $26,334,218 | $26,334,218 | |
| WF | P | 2021-12-31 | $397,831 | $202,847 | $194,984 | $194,984 | |
| CAPITAL GAIN DIVIDENDS | P | $1,826,313 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,826,313 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,826,313 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,826,313 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,826,313 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,826,313 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,826,313 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,826,313 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,826,313 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,826,313 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,826,313 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,826,313 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $121,212,433 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,923,391 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,923,391 | SubtotalAmt |
| Tax Based On Investment Income | $1,923,391 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,477,449 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $2,477,449 | TotalPaymentsAndCreditsAmt |
| Overpayment | $554,058 | OverpaymentAmt |
| Applied To ES Tax | $554,058 | 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 | Yes (true) | 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 | $0 |
| CAPITAL IDEAS INC | |||||
| C/O SORENSEN SORENSEN PC PO BOX | JACKSON | WY | 83001 | INVSTMENT CONSULTING | $1,325,238 |
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 | $1,536,751,184 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $60,967,414 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,410,016,512 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,007,735,110 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,007,735,110 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $45,116,027 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,962,619,083 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $74,674,234 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $74,674,234 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,923,391 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $954,407 | IncomeTaxAmt |
| Total Tax | $2,877,798 | TotalTaxAmt |
| Distributable Before Adj | $71,796,436 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $71,796,436 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $71,796,436 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $103,496,035 | 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 | $103,496,035 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $71,796,436 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $99,724,144 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $103,496,035 | QualifyingDistributionsAmt |
| Applied To Year1 | $99,724,144 | AppliedToYear1Amt |
| Applied To Current Year | $3,771,891 | 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 | $68,024,545 | 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 | $78,500 |
| VARIOUS STOCK (SEE ATTACHMENT) | |||||||
| various | various | NY | 12866 | none | PC | GENERAL CHARITABLE PURPOSES | $103,417,437 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $103,495,937 | 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 | $5,065 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $23,525,215 | 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 Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 110000 | BusinessCd |
| Unrelated Business Taxbl Incm | $5,059,207 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $3,719,394 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $121,212,433 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|
| TAX EXEMPT INCOME | 110000 | $4,124 |
| TAX REFUND | 110000 | $7,408 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $5,070,739 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $148,462,107 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $153,532,846 | TotalIncomeProducingActyAmt |
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 | $408,804,849 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (6 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 200 shs berkshire hathaway | $83,441,724 | 2021-07-19 |
| 1 | 750,000 shs jp morgan | $112,485,000 | 2021-07-19 |
| 1 | 75,000 shs mastercard inc | $27,872,625 | 2021-07-19 |
| 1 | 500,000 shs us bancorp | $28,015,000 | 2021-07-19 |
| 1 | 500,000 wells fargo | $22,342,500 | 2021-07-19 |
| 1 | 800,000 shs american express | $134,648,000 | 2021-07-19 |
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 (15 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS 089 | $57,179,151 | $166,640,869 |
| GOLDMAN SACHS 760 | $23,251,859 | $47,898,278 |
| GOLDMAN SACHS 597 | $9,843,515 | $15,724,171 |
| GOLDMAN SACHS 658 | $0 | $0 |
| MORGAN STANLEY SMITH BARNEY 80 | $2,897,731 | $4,976,186 |
| MORGAN STANLEY SMITH BARNEY 38 | $11,975,765 | $21,488,721 |
| FIDELITY 240 | $14,792,995 | $18,232,051 |
| FIDELITY 319 | $9,482,844 | $10,557,432 |
| FIDELITY 704 | $177,625,643 | $694,193,424 |
| FIDELITY 279 | $38,646,532 | $39,506,374 |
| JP MORGAN | $93,600,598 | $338,012,841 |
| WELLS FARGO | $7,854,508 | $16,174,702 |
| KKR & CO INC VIA GS | $4,085,216 | $14,871,094 |
| KKR & CO INC VIA JPM | $3,037,170 | $13,438,906 |
| KKR & CO INC VIA FID | $3,772,442 | $8,288,800 |
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 | $13,175,600 |
| GS GLOBAL LONG SHORT PTRS OFSH | AT COST | $962,571 | $31,459 |
| GS LIBERTY HARBOR OFFSHORE | AT COST | $217,825 | $0 |
| GS MEZZANINE PARTNERS V OFFSH | AT COST | $91,409 | $21,404 |
| GS DEVELOPING MKTS RE OFFSH | AT COST | $0 | $0 |
| GS VINTAGE VII LP OFFSHORE | AT COST | $1,875,769 | $3,825,791 |
| GS PRIV MID MRKT CRED OFFSH | AT COST | $3,100,551 | $2,079,091 |
| JPM MIDOCEAN III PRIV OFFSHORE | AT COST | $872,881 | $343,148 |
| JPM HIGHBRIDGE MEZZ OFFSHORE | AT COST | $612,634 | $471,016 |
| SECOND CURVE VISION FD INTL | AT COST | $0 | $0 |
| GS GLOBAL ATLANTIC OFFSH LTD | AT COST | $10,611,542 | $20,439,115 |
| GS WEST ST CAP PTRS VII PAR LP | AT COST | $2,132,465 | $3,661,580 |
| DAVIS PARTNERSHIP LP | AT COST | $776,883,227 | $1,323,830,496 |
| PETRUS FARMLAND INVESTORS I LP | AT COST | $3,728,769 | $6,244,529 |
| PETERSHILL II OFFSHORE LP | AT COST | $4,527,574 | $5,834,865 |
| GREEN STREET BANCFUND LP | AT COST | $24,964,925 | $41,983,976 |
| LANSING MANAGEMENT ONSHORE LP | AT COST | $2,680,897 | $4,572,275 |
| BLUE WATER LIFE SCIENCE FD LP | AT COST | $54,168,242 | $73,542,343 |
| BLUE PINE FINANCIAL OPP II LP | AT COST | $12,597,880 | $13,258,430 |
| GLOBAL FRONTIER PTRS LP | AT COST | $14,656,606 | $16,014,879 |
| GLOBAL FRONTIER QUANTUM OPP LP | AT COST | $11,207,211 | $11,326,336 |
| GS VINTAGE VII AIV OFFSH SCSP | AT COST | $243,135 | |
| SELKIRK PARTNERS LP | AT COST | $5,646,082 | $9,904,770 |
| USA FUND LLLP | AT COST | $943,516 | $1,043,480 |
| WORLD TOTAL RETURN LLLP | AT COST | $2,161,028 | $2,041,556 |
| GS WEST STREET CAP PTRS PARA B | AT COST | $317,808 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $5,396 | LegalFeesAmt |
| Net Investment Income | $3,856 | NetInvestmentIncomeAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIVIDEND RECEIVABLE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $63,242 | EOYBookValueAmt |
| EOYFMV | $63,242 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| APPRECIATION OF DONORS COST BASIS FOR | $154,967,130 |
| 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 (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ACCOUNT MGMT INVESTMENT FEES | $267,570 | $267,570 | |
| INVESTMENT MANAGEMENT FEES | $373,380 | $373,380 | |
| PORTFOLIO DED FROM PASSTHROUGH | $7,640,862 | $7,632,537 | |
| CHARITABLE CONTRBS THROUGH INV | $98 | $98 | |
| NONDEDUCTIBLE FROM PASSTHROUGH | $107 | ||
| STATE OF WYOMING FEE | $50 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| invst inc gs vintage vii offsh | $115,423 | $115,423 |
| invst inc gs priv mid mrkt credit offsh | $608,556 | $608,556 |
| invst inc jpm midocean iii private offsh | $241,911 | $241,911 |
| section 988 from passthroughs | $856,907 | $856,907 |
| rental income from passthroughs | $21,409 | $21,409 |
| royalty income from passthroughs | $563 | $563 |
| ordinary inc(loss) from passthroughs | $1,762,455 | $1,517,333 |
| foreign currency adjustment ms 038 | $357,292 | $357,292 |
| tax exempt income from passthroughs | $4,124 | |
| tax refund | $7,408 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| AYCO TAX PREPARATION FEE | $25,069 | $5,014 |
| CAPITAL IDEAS INVST CONSULTING | $1,325,238 | $1,325,238 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL TAXES | $800,000 | |
| FOREIGN TAXES | $77,833 | $77,833 |
| RECLAIMABLE FOREIGN TAXES | $7,363 | $7,363 |
Transfers Frm Controlled Entities TransfersFrmControlledEntities
Transfers From Controlled Ent TransfersFromControlledEntGrp (4 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 | $93,985,143 |
| GREEN STREET BANCFUND LP | ||||||
| 3 harbor drive suite 301 | sausalito | CA | 94965 | 471995432 | TAXABLE INCOME, DEDUCTIONS, GAINS AND LOSSES | $1,574,432 |
| blue water life science fund lp | ||||||
| c/o priv wlth 80 east sir francis | larkspur | CA | 94939 | 384028950 | TAXABLE INCOME, DEDUCTIONS, GAINS AND LOSSES | $952,332 |
| global frontier quantum opportunity fund | ||||||
| 92 BROAD STREET | CHARLESTON | SC | 29401 | 825126807 | TAXABLE INCOME/loss, DEDUCTIONS, GAINS AND LOSSES | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,511,907 | TotalAmt |
Transfers To Controlled Entities TransfersToControlledEntities
Transfers To Controlled Ent TransfersToControlledEntGrp (4 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 | $0 |
| GREEN STREET BANCFUND LP | ||||||
| 3 HARBOR DRIVE SUITE 301 | SAUSALITO | CA | 94965 | 471995432 | CAPITAL CONTRIBUTIONS | $0 |
| blue water life science fund lp | ||||||
| c/o priv wlth 80 east sir francis | larkspur | CA | 94939 | 384028950 | CAPITAL CONTRIBUTIONS | $4,500,000 |
| global frontier quantum opportunity fund | ||||||
| 92 BROAD STREET | CHARLESTON | SC | 29401 | 825126807 | capital contributions | $3,875,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,375,000 | TotalAmt |
Comments