WILLIAM S PALEY FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- WILLIAM S PALEY FOUNDATION INC (EIN 13-6085929)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202223189349104672
- Schema version
- 2021v4.1
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T13:19:28-08:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 133274930 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bencivenga Ward & Co CPAs PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 Columbus Ave Ste 304 | AddressLine1Txt |
| City | Valhalla | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10595 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136085929 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM S PALEY FOUNDATION INC | BusinessNameLine1Txt |
| Business Name Line2 | co BENCIVENGA WARD & COMPANY CPAs PC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 9147695005 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 COLUMBUS AVENUE 304 | AddressLine1Txt |
| City | VALHALLA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10595 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PATRICK S GALLAGHER | PersonNm |
| Person Title | Executive Director | PersonTitleTxt |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PATRICK S | PersonFirstNm |
| Person Last | GALLAGHER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Leonard J Bencivenga CPA | PreparerPersonNm |
| PTIN | P00116788 | PTIN |
| Phone | 9147695005 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| 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 | $175,589,135 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $774 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $774 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,618,351 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,618,351 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $1,031,887 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $1,031,887 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $555,736 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $10,933,795 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $33,262,633 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $10,933,795 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $23,404 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$143 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $14,608,211 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $14,584,664 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $104,777 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $52,389 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $52,389 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $123,300 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $123,300 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $238,093 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $23,809 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $205,925 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $167,800 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $16,780 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $138,856 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,567,049 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,535,647 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $31,402 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $623,945 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $446,899 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $9,500 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $84,867 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $486,827 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $477,862 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $7,474 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,396,658 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,553,386 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $568,846 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,605,791 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,695,924 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $9,002,449 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,553,386 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,264,770 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $5,605,762 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $12,031,278 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $836,305 | CashBOYAmt |
| Cash EOY | $243,687 | CashEOYAmt |
| Cash EOYFMV | $243,687 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $4,658,704 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,816,933 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,816,933 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $141,742 | AcctRcvblAmt |
| Acct Rcvbl BOY | $191,354 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $141,742 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $141,742 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $7,041 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $67,406 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $67,406 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $61,765,543 | CorporateStockBOYAmt |
| Corporate Stock EOY | $66,223,906 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $66,223,906 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $20,889,870 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $28,206,955 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $28,206,955 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $45,391,087 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $52,888,506 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $52,888,506 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,466,422 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,638,217 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,913,072 | LandBOYAmt |
| Land EOY | $1,828,205 | LandEOYAmt |
| Land EOYFMV | $25,000,000 | LandEOYFMVAmt |
| Total Assets BOY | $135,652,976 | TotalAssetsBOYAmt |
| Total Assets EOY | $152,417,340 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $175,589,135 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $371,625 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $397,125 | AccountsPayableEOYAmt |
| Grants Payable BOY | $3,474,879 | GrantsPayableBOYAmt |
| Grants Payable EOY | $4,384,746 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $91,547,469 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $103,297,631 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $95,393,973 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $108,079,502 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $40,259,003 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $44,337,838 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $40,259,003 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $44,337,838 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $135,652,976 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $152,417,340 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $40,259,003 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $5,605,762 | ExcessRevenueOverExpensesAmt |
| Other Increases | $10,201,633 | OtherIncreasesAmt |
| Subtotal | $56,066,398 | SubtotalAmt |
| Other Decreases | $11,728,560 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $44,337,838 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (101 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 145057 A2 MILK CO LTD ISIN NZATME0002S8 SEDOL BWSRTS7 | P | 2020-01-01 | 2021-12-31 | $796,087 | $1,176,815 | -$380,728 | -$380,728 |
| 3660 ALCON INC | P | 2020-01-01 | 2021-12-31 | $272,577 | $203,928 | $68,649 | $68,649 |
| 4085 ALLEGION PLC | P | 2020-01-01 | 2021-12-31 | $464,937 | $335,289 | $129,648 | $129,648 |
| 31 ALPHABET INC-CL A | P | 2020-01-01 | 2021-12-31 | $64,565 | $33,285 | $31,280 | $31,280 |
| 291 ALPHABET INC-CL C | P | 2020-01-01 | 2021-12-31 | $610,334 | $161,394 | $448,940 | $448,940 |
| 79 AMAZON.COM INC | P | 2020-01-01 | 2021-12-31 | $257,187 | $255,337 | $1,850 | $1,850 |
| 7506 ARISTA NETWORKS INC | P | 2020-01-01 | 2021-12-31 | $2,571,106 | $1,535,764 | $1,035,342 | $1,035,342 |
| 2320 ARTHUR J GALLAGHER & CO | P | 2020-01-01 | 2021-12-31 | $269,654 | $213,242 | $56,412 | $56,412 |
| 85 BAXTER INTERNATIONAL INC | P | 2020-01-01 | 2021-12-31 | $6,302 | $6,829 | -$527 | -$527 |
| 3804 BERKSHIRE HATHAWAY INC-CL B | P | 2020-01-01 | 2021-12-31 | $950,706 | $606,984 | $343,722 | $343,722 |
| 58477.858 BLCKRCK HI YLD BND PORT-K | P | 2020-01-01 | 2021-12-31 | $457,882 | $412,204 | $45,678 | $45,678 |
| 56 BOOKING HOLDINGS INC | P | 2020-01-01 | 2021-12-31 | $120,996 | $102,629 | $18,367 | $18,367 |
| 2505 BROWN-FORMAN CORP-CLASS B | P | 2020-01-01 | 2021-12-31 | $191,503 | $119,620 | $71,883 | $71,883 |
| 2531 CARMAX INC | P | 2020-01-01 | 2021-12-31 | $320,451 | $246,359 | $74,092 | $74,092 |
| 1587 CELANESE CORP | P | 2020-01-01 | 2021-12-31 | $217,265 | $92,039 | $125,226 | $125,226 |
| 1936 COLGATE-PALMOLIVE CO | P | 2020-01-01 | 2021-12-31 | $151,075 | $126,566 | $24,509 | $24,509 |
| 9418 COMCAST CORP-CLASS A | P | 2020-01-01 | 2021-12-31 | $494,481 | $244,362 | $250,119 | $250,119 |
| 208 CONSTELLATION SOFTWARE INC ISIN CA21037X1006 SEDOL B15C4L6 | P | 2020-01-01 | 2021-12-31 | $269,105 | $84,557 | $184,548 | $184,548 |
| 2249 COPART INC | P | 2020-01-01 | 2021-12-31 | $266,319 | $116,646 | $149,673 | $149,673 |
| 162 COSTCO WHOLESALE CORP | P | 2020-01-01 | 2021-12-31 | $56,808 | $36,611 | $20,197 | $20,197 |
| 2741 CREDIT ACCEPTANCE CORP | P | 2020-01-01 | 2021-12-31 | $1,573,087 | $802,630 | $770,457 | $770,457 |
| 1969 DIAGEO PLC-SPONSORED ADR | P | 2020-01-01 | 2021-12-31 | $331,894 | $55,249 | $276,645 | $276,645 |
| 673 DOLLAR GENERAL CORP | P | 2020-01-01 | 2021-12-31 | $134,594 | $70,155 | $64,439 | $64,439 |
| 7854 EUROFINS SCIENTIFIC ISIN FR0014000MR3 SEDOL BNDPYV1 | P | 2020-01-01 | 2021-12-31 | $782,367 | $385,964 | $396,403 | $396,403 |
| 895 FACEBOOK INC-CLASS A | P | 2020-01-01 | 2021-12-31 | $239,610 | $235,575 | $4,035 | $4,035 |
| 6944 FIDELITY NATIONAL INFO SERV | P | 2020-01-01 | 2021-12-31 | $929,042 | $999,195 | -$70,153 | -$70,153 |
| 2340 FLEETCOR TECHNOLOGIES INC | P | 2020-01-01 | 2021-12-31 | $637,489 | $288,846 | $348,643 | $348,643 |
| 7150 HENRY SCHEIN INC | P | 2020-01-01 | 2021-12-31 | $477,017 | $388,340 | $88,677 | $88,677 |
| 31896 HISCOX LTD ISIN BMG4593F1389 SEDOL BVZHXQ9 | P | 2020-01-01 | 2021-12-31 | $416,594 | $262,000 | $154,594 | $154,594 |
| 1262 INTERCONTINENTAL EXCHANGE IN | P | 2020-01-01 | 2021-12-31 | $141,710 | $126,178 | $15,532 | $15,532 |
| 4423 ISHARES 20+ YEAR TREASURY BO | P | 2020-01-01 | 2021-12-31 | $658,838 | $723,492 | -$64,654 | -$64,654 |
| 8972 ISHARES JP MORGAN USD EMERGI | P | 2020-01-01 | 2021-12-31 | $1,010,402 | $1,026,837 | -$16,435 | -$16,435 |
| 0 ISHARES TRUST ISHARES 1-5 YEAR | P | 2020-01-01 | 2021-12-31 | $1,187 | $1,187 | $1,187 | |
| 3569 JACOBS ENGINEERING GROUP INC | P | 2020-01-01 | 2021-12-31 | $446,454 | $185,921 | $260,533 | $260,533 |
| 95736.934 JPM CORE PLUS BD FD - R6 FUND 3939 | P | 2020-01-01 | 2021-12-31 | $818,684 | $815,746 | $2,938 | $2,938 |
| 64051.206 JPM HIGH YIELD FD - USD - R6 ISIN US4812C01260 SEDOL B06G8K7 | P | 2020-01-01 | 2021-12-31 | $465,012 | $419,340 | $45,672 | $45,672 |
| 49666.695 JPM MTGE BACKED SEC FD - R6 FUND 3942 | P | 2020-01-01 | 2021-12-31 | $572,989 | $578,120 | -$5,131 | -$5,131 |
| 1005 KLA CORPORATION COM NEW | P | 2020-01-01 | 2021-12-31 | $307,363 | $99,899 | $207,464 | $207,464 |
| 528 LIBERTY MEDIA CORP-LIBERTY-A | P | 2020-01-01 | 2021-12-31 | $19,951 | $15,284 | $4,667 | $4,667 |
| 3208 LIBERTY MEDIA CORP-LIBERTY-C | P | 2020-01-01 | 2021-12-31 | $138,968 | $104,758 | $34,210 | $34,210 |
| 1869 LINDE PLC | P | 2020-01-01 | 2021-12-31 | $473,159 | $345,431 | $127,728 | $127,728 |
| 2203 MASTERCARD INC - A | P | 2020-01-01 | 2021-12-31 | $785,675 | $636,724 | $148,951 | $148,951 |
| 1356 MICRON TECHNOLOGY INC | P | 2020-01-01 | 2021-12-31 | $116,880 | $107,881 | $8,999 | $8,999 |
| 1065 NESTLE SA-SPONS ADR | P | 2020-01-01 | 2021-12-31 | $120,347 | $17,850 | $102,497 | $102,497 |
| 260 NETFLIX INC | P | 2020-01-01 | 2021-12-31 | $143,732 | $127,191 | $16,541 | $16,541 |
| 386 NIKE INC -CL B | P | 2020-01-01 | 2021-12-31 | $57,249 | $33,291 | $23,958 | $23,958 |
| 5473 ORACLE CORP | P | 2020-01-01 | 2021-12-31 | $399,263 | $211,714 | $187,549 | $187,549 |
| 5520 PERRIGO CO PLC | P | 2020-01-01 | 2021-12-31 | $245,537 | $481,879 | -$236,342 | -$236,342 |
| 130113.346 PGIM HIGH YIELD-Q | P | 2020-01-01 | 2021-12-31 | $724,731 | $642,331 | $82,400 | $82,400 |
| 1768 PROGRESSIVE CORP | P | 2020-01-01 | 2021-12-31 | $152,087 | $131,093 | $20,994 | $20,994 |
| 1599 PROSUS NV ISIN NL0013654783 SEDOL BJDS7L3 | P | 2020-01-01 | 2021-12-31 | $197,015 | $160,592 | $36,423 | $36,423 |
| 83900 ROLLS-ROYCE HOLDINGS PLC ISIN GB00B63H8491 SEDOL B63H849 | P | 2020-01-01 | 2021-12-31 | $105,347 | $277,614 | -$172,267 | -$172,267 |
| 0 RTS PROSUS N.V. ISIN NL0015000LD0 SEDOL BNLXSX7 | P | 2020-01-01 | 2021-12-31 | $584 | $584 | $584 | |
| 3723 SCHWAB (CHARLES) CORP | P | 2020-01-01 | 2021-12-31 | $207,094 | $115,137 | $91,957 | $91,957 |
| 0 SIX CIRCLES CREDIT OPPORT | P | 2020-01-01 | 2021-12-31 | $129 | $129 | $129 | |
| 2321 SMITH (A.O.) CORP | P | 2020-01-01 | 2021-12-31 | $140,571 | $104,894 | $35,677 | $35,677 |
| 3926 TAIWAN SEMICONDUCTOR-SP ADR | P | 2020-01-01 | 2021-12-31 | $517,829 | $203,518 | $314,311 | $314,311 |
| 278 THERMO FISHER SCIENTIFIC INC | P | 2020-01-01 | 2021-12-31 | $141,693 | $121,118 | $20,575 | $20,575 |
| 2710 TOPICUS.COM INC-SUB VOTING ISIN CA89072T1021 SEDOL BNGJNT1 | P | 2020-01-01 | 2021-12-31 | $130,572 | $2,142 | $128,430 | $128,430 |
| 707 UNITEDHEALTH GROUP INC | P | 2020-01-01 | 2021-12-31 | $232,911 | $238,397 | -$5,486 | -$5,486 |
| 0 UNIVERSAL MUSIC GROUP NV ISIN NL0015000IY2 SEDOL 7G2128S | P | 2020-01-01 | 2021-12-31 | ||||
| 0 UNIVERSAL MUSIC GROUP NV ISIN NL0015000IY2 SEDOL BNZGVV1 | P | 2020-01-01 | 2021-12-31 | ||||
| 0 VANGUARD SHORT-TERM BOND ETF | P | 2020-01-01 | 2021-12-31 | $4,852 | $4,852 | $4,852 | |
| 0 VANGUARD TOT BD MKT IDX-ADM | P | 2020-01-01 | 2021-12-31 | $5,777 | $5,777 | $5,777 | |
| 0 VANGUARD TOTAL BOND MARKET | P | 2020-01-01 | 2021-12-31 | $438 | $438 | $438 | |
| 5950 VANGUARD TOTAL INTL BOND ETF | P | 2020-01-01 | 2021-12-31 | $344,465 | $345,357 | -$892 | -$892 |
| 20389.052 VANGUARD TTL INTL BND-ADM | P | 2020-01-01 | 2021-12-31 | $490,530 | $474,249 | $16,281 | $16,281 |
| 6964 VISA INC-CLASS A SHARES | P | 2020-01-01 | 2021-12-31 | $1,520,041 | $640,211 | $879,830 | $879,830 |
| 54465 VIVENDI ISIN FR0000127771 SEDOL 4834777 | P | 2020-01-01 | 2021-12-31 | $794,084 | $2,749,965 | -$1,955,881 | -$1,955,881 |
| 1058 WALT DISNEY CO/THE | P | 2020-01-01 | 2021-12-31 | $199,439 | $130,603 | $68,836 | $68,836 |
| 963 WASTE MANAGEMENT INC | P | 2020-01-01 | 2021-12-31 | $108,701 | $100,481 | $8,220 | $8,220 |
| 1950 WAYFAIR INC- CLASS A | P | 2020-01-01 | 2021-12-31 | $648,145 | $156,628 | $491,517 | $491,517 |
| 0 WELLS FARGO & CO | P | 2020-01-01 | 2021-12-31 | $7,115 | $3,000 | $4,115 | $4,115 |
| 1845 ZOETIS INC | P | 2020-01-01 | 2021-12-31 | $308,487 | $75,558 | $232,929 | $232,929 |
| BBH ALTAROCK - LTG | P | 2020-01-01 | 2021-12-31 | $16,501 | $16,501 | $16,501 | |
| BBH BARES - LTG | P | 2020-01-01 | 2021-12-31 | $3,270 | $3,270 | $3,270 | |
| BBH ALTAROCK - LTG | P | 2020-01-01 | 2021-12-31 | $47,148 | $47,148 | $47,148 | |
| BBH BARES - LTG | P | 2020-01-01 | 2021-12-31 | $8,876 | $8,876 | $8,876 | |
| BBH ALTAROCK - LTG | P | 2020-01-01 | 2021-12-31 | $13,555 | $13,555 | $13,555 | |
| BBH BARES - LTG | P | 2020-01-01 | 2021-12-31 | $2,803 | $2,803 | $2,803 | |
| BBH ALTAROCK - STG | P | 2021-01-01 | 2021-12-31 | $569 | -$569 | -$569 | |
| BBH VALLEY FORGE - STG | P | 2021-01-01 | 2021-12-31 | $533 | $533 | $533 | |
| BBH ALTAROCK - STG | P | 2021-01-01 | 2021-12-31 | $1,628 | -$1,628 | -$1,628 | |
| BBH VALLEY FORGE - STG | P | 2021-01-01 | 2021-12-31 | $1,446 | $1,446 | $1,446 | |
| BBH ALTAROCK - STG | P | 2021-01-01 | 2021-12-31 | $468 | -$468 | -$468 | |
| BBH BARES - STG | P | 2021-01-01 | 2021-12-31 | $457 | $457 | $457 | |
| SELECT EQUITY - MANAGED - LTG | P | 2020-01-01 | 2021-12-31 | $1,308,312 | $1,308,312 | $1,308,312 | |
| SELECT EQUITY - MANAGED - STG | P | 2021-01-01 | 2021-12-31 | $103,203 | $103,203 | $103,203 | |
| HIMALAYA - MANGED - LTG | P | 2020-01-01 | 2021-12-31 | $38,579 | $38,579 | $38,579 | |
| HIMALAYA - MANGED - STG | P | 2021-01-01 | 2021-12-31 | $9,011 | -$9,011 | -$9,011 | |
| SELECT EQUITY - PCM LTG | P | 2020-01-01 | 2021-12-31 | $2,203,472 | $2,203,472 | $2,203,472 | |
| SELECT EQUITY - PCM STG | P | 2021-01-01 | 2021-12-31 | $173,815 | $173,815 | $173,815 | |
| HIMALAYA - PCM LTG | P | 2020-01-01 | 2021-12-31 | $68,156 | $68,156 | $68,156 | |
| HIMALAYA - PCM STG | P | 2021-01-01 | 2021-12-31 | $15,920 | -$15,920 | -$15,920 | |
| SELECT EQUITY - PARK LTG | P | 2020-01-01 | 2021-12-31 | $964,019 | $964,019 | $964,019 | |
| SELECT EQUITY - PARK STG | P | 2021-01-01 | 2021-12-31 | $76,044 | $76,044 | $76,044 | |
| HIMALAYA - PARK LTG | P | 2020-01-01 | 2021-12-31 | $25,719 | $25,719 | $25,719 | |
| HIMALAYA - PARK STG | P | 2021-01-01 | 2021-12-31 | $6,007 | -$6,007 | -$6,007 | |
| 80488 - ST CAP GAIN DISTRIBUTION | P | 2021-01-01 | 2021-12-31 | $1,058 | $1,058 | $1,058 | |
| 22304 - ST CAP GAIN DISTRIBUTION | P | 2021-01-01 | 2021-12-31 | $1,609 | $1,609 | $1,609 | |
| 22305 - ST CAP GAIN DISTRIBUTION | P | 2021-01-01 | 2021-12-31 | $590 | $590 | $590 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $10,933,795 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $325,152 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $167,235 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $167,235 | SubtotalAmt |
| Tax Based On Investment Income | $167,235 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $197,052 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $75,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $272,052 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $104,817 | OverpaymentAmt |
| Applied To ES Tax | $104,817 | 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 | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | 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 | LEONARD J BENCIVENGA CPA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9147695005 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 COLUMBUS AVENUE SUITE 304 | AddressLine1Txt |
| City | VALHALLA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 105951382 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| PATRICK S GALLAGHER | ||||||
| 420 COLUMBUS AVENUE SUITE 304 | VALHALLA | NY | 10595 | Executive Dir. | 16.00 | $104,777 |
| HENRY A KISSINGER | ||||||
| 420 COLUMBUS AVENUE SUITE 304 | VALHALLA | NY | 10595 | CHAIRMAN/DIR | 1.00 | $0 |
| WILLIAM C PALEY | ||||||
| 420 COLUMBUS AVENUE SUITE 304 | VALHALLA | NY | 10595 | VICE PRES/DIR | 1.00 | $0 |
| DANIEL L MOSLEY | ||||||
| 420 COLUMBUS AVENUE SUITE 304 | VALHALLA | NY | 10595 | TREAS&SEC/DIR | 1.00 | $0 |
| FAIZA J SAEED | ||||||
| 420 COLUMBUS AVENUE SUITE 304 | VALHALLA | NY | 10595 | Director | 1.00 | $0 |
| JACQUELINE SCALISI | ||||||
| 420 COLUMBUS AVENUE SUITE 304 | VALHALLA | NY | 10595 | Director | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| RUANE CUNNIFF & CO | |||||
| 767 FIFTH AVENUE | NEW YORK | NY | 10153 | ADVISORY & CUSTODY | $464,515 |
| BENCIVENGA WARD & COMPANY CPAS | |||||
| 420 COLUMBUS AVENUE SUITE 304 | VALHALLA | NY | 10595 | ACCOUNTING & TAX | $108,142 |
| BROWN BROTHERS HARRIMAN | |||||
| 140 BROADWAY | NEW YORK | NY | 10005 | ADVISORY & CUSTODY | $179,932 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $141,274,263 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $744,932 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $142,019,195 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $142,019,195 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,130,288 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $139,888,907 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,994,445 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,994,445 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $167,235 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $167,235 | TotalTaxAmt |
| Distributable Before Adj | $6,827,210 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $6,827,210 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $6,827,210 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,264,770 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $5,264,770 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,827,210 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $1,257,659 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,097,330 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr1 | $1,107,435 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,462,424 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,264,770 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $5,264,770 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $1,562,440 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $1,562,440 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,899,984 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $1,899,984 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $792,549 | ExcessFromYear4Amt |
| Excess From Year1 | $1,107,435 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | PATRICK S GALLAGHER | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 COLUMBUS AVENUE SUITE 304 | AddressLine1Txt |
| City | VALHALLA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 105951382 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Info And Materials | NO PARTICULAR FORM REQUIRED, BUT FULL FINANCIAL INFORMATION SHOULD BE DISCLOSED. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | UNDER THE PROVISION OF THE FOUNDATION'S CHARTER, NO GRANTS MAY BE MADE TO INDIVIDUALS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (35 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| THE GREENPARK FOUNDATION | ||||||||||||
| 420 COLUMBUS AVENUE SUITE 304 | VALHALLA | NY | 10595 | NONE | POF | PALEY PARK - PROGRAM SUPPORT | $735,000 | |||||
| CLEAN SOBER STREETS INC | ||||||||||||
| P O BOX 77114 | WASHINGTON | DC | 20013 | NONE | PC | GENERAL OPERATING SUPPORT | $20,000 | |||||
| THE JERUSALEM FOUNDATION | ||||||||||||
| 60 EAST 42ND STREET | NEW YORK | NY | 10165 | NONE | PC | PALEY ART CENTER | $100,000 | |||||
| THE METROPOLITAN MUSEUM OF ART | ||||||||||||
| 1000 FIFTH AVENUE | NEW YORK | NY | 10028 | NONE | PC | GENERAL OPERATING SUPPORT | $15,000 | |||||
| THE MUSEUM OF MODERN ART | ||||||||||||
| 11 WEST 53RD STREET | NEW YORK | NY | 10019 | NONE | PC | GENERAL OPERATING SUPPORT | $110,000 | |||||
| THE PALEY CENTER FOR MEDIA | ||||||||||||
| 25 WEST 52ND STREET | NEW YORK | NY | 10019 | NONE | PC | GENERAL OPERATING SUPPORT | $2,624,569 | |||||
| THE PALEY CENTER FOR MEDIA | ||||||||||||
| 25 WEST 52ND STREET | NEW YORK | NY | 10019 | NONE | PC | PALEY TELEVISON FESTIVAL | $501,355 | |||||
| OXFORD HOUSE | ||||||||||||
| 1010 WAYNE AVENUE | SILVER SPRING | MD | 20910 | NONE | PC | GENERAL OPERATING SUPPORT | $20,000 | |||||
| WASHINGTON PROJECT FOR THE ART | ||||||||||||
| 500 SEVENTEENTH STREET NW | WASHINGTON | DC | 20006 | NONE | PC | GENERAL OPERATING SUPPORT | $20,000 | |||||
| THE PALEY CENTER FOR MEDIA | ||||||||||||
| 25 WEST 52ND STREET | NEW YORK | NY | 10019 | NONE | PC | GENERAL OPERATING SUPPORT | $75,000 | |||||
| NEW YORK PRESBYTERIAN HOSPTIAL | ||||||||||||
| 525 EAST 68TH STREET BOX 123 | NEW YORK | NY | 10065 | NONE | PC | GENERAL OPERATING SUPPORT | $10,000 | |||||
| NORTHWEST CENTER FOR THE ARTS | ||||||||||||
| 68 MAIN STREET | TORRINGTON | CT | 06790 | NONE | PC | GENERAL OPERATING SUPPORT | $5,000 | |||||
| BOYS GIRLS CLUB OF GREENWICH | ||||||||||||
| 4 HORSENECK LANE | GREENWICH | CT | 06830 | NONE | PC | GENERAL OPERATING SUPPORT | $5,000 | |||||
| COLUMBIA UNIVERSITY | ||||||||||||
| 475 RIVERSIDE DRIVE | NEW YORK | NY | 10015 | NONE | PC | DEPT OF OPHTHALMOLOGY | $2,000 | |||||
| FRIENDS OF VIRGIN ISLAND NATIONAL P | ||||||||||||
| NONE | PC | GENERAL OPERATING SUPPORT | $10,000 | PO BOX 811 | ST JOHNS | ST JOHNS | VQ | 00831 | ||||
| WEST HILL POND ASSOCIATION | ||||||||||||
| 29 WHITE PINE LANE | WEST HARTFORD | CT | 06107 | NONE | PC | GENERAL OPERATING SUPPORT | $30,000 | |||||
| SO OTHERS MAY EAT | ||||||||||||
| 71 O STREET NW | WASHINGTON | DC | 20001 | NONE | PC | GENERAL OPERATING SUPPORT | $20,000 | |||||
| VOICES OF ASCENSION | ||||||||||||
| 12 WEST 11TH STREET | NEW YORK | NY | 10011 | NONE | PC | GENERAL OPERATING SUPPORT | $10,000 | |||||
| MADISON SQUARE BOYS GIRLS CLUB FOUN | ||||||||||||
| 250 BRADHURST AVE | NEW YORK | NY | 10039 | NONE | PC | GENERAL OPERATING SUPPORT | $15,000 | |||||
| CENTER FOR STRATEGIC INTERNATIONAL | ||||||||||||
| 1616 RHODE ISLAND AVENUE NW | WASHINGTON | DC | 20036 | NONE | PC | GENERAL OPERATING SUPPORT | $15,000 | |||||
| AMERICAN ACADEMY IN BERLIN | ||||||||||||
| 14 EAST 60TH STREET | NEW YORK | NY | 10022 | NONE | PC | GENERAL OPERATING SUPPORT | $7,500 | |||||
| NATIONAL COALIATION FOR HOMELESS VE | ||||||||||||
| 333 1/2 PENNSYLVANIA AVENUE SE | WASHINGTON | DC | 20003 | NONE | PC | GENERAL OPERATING SUPPORT | $20,000 | |||||
| REACH PREP | ||||||||||||
| ONE DOCK STREET | STAMFORD | CT | 06902 | NONE | PC | GENERAL OPERATING SUPPORT | $40,000 | |||||
| THE ROCKFELLER UNIVERSITY | ||||||||||||
| 1230 YORK AVENUE BOX 164 | NEW YORK | NY | 10065 | NONE | PC | GENERAL OPERATING SUPPORT | $25,500 | |||||
| MICHAEL'S CAUSE | ||||||||||||
| PO Box 120323 | Staten Island | NY | 10312 | NONE | PC | General Operating Support | $30,000 | |||||
| WORLD CENTRAL KITCHEN | ||||||||||||
| 655 New York Ave NW 6th Floor | Washington | DC | 20001 | NONE | PC | General Operating Support | $50,000 | |||||
| TOMLINSON MIDDLE SCHOOL PTA | ||||||||||||
| 200 Unquowa Road | Fairfield | CT | 06824 | NONE | PC | General Operating Support | $10,000 | |||||
| GREENWICH ACADEMY | ||||||||||||
| 200 NORTH MAPLE AVENUE | GREENWICH | CT | 06830 | NONE | PC | General Operating Support | $30,000 | |||||
| NEW HARTFORD LAND TRUST | ||||||||||||
| PO BOX 272 | NEW HARTFORD | CT | 06057 | NONE | PC | General Operating Support | $5,000 | |||||
| TRILATERAL COMISSION NORTH AMERICA | ||||||||||||
| PO BOX 380810 | CAMBRIDGE | MA | 02238 | NONE | PC | General Operating Support | $10,000 | |||||
| THE FOUNDATION FOR CITY COLLEGE | ||||||||||||
| 160 CONVENT AVENUE NAC 6/141 | NEW YORK | NY | 10031 | NONE | PC | General Operating Support | $75,000 | |||||
| THE MORRIS CEMETERY ASSOCIATION | ||||||||||||
| PO BOX 154 | MORRIS | CT | 06763 | NONE | PC | Endowment fund | $5,000 | |||||
| THE TREVOR PROJECT INC | ||||||||||||
| PO BOX 69232 | WEST HOLLYWOOD | CA | 90069 | NONE | PC | General Operating Support | $20,000 | |||||
| ONE RECOVERY | ||||||||||||
| PO BOX 3 | SIERRA MADRE | CA | 91025 | NONE | PC | General Operating Support | $10,000 | |||||
| SAFE PLACE FOR YOUTH INC | ||||||||||||
| 578 WASHINGTON BOULEVARD 398 | MARINA DEL REY | CA | 90292 | NONE | PC | General Operating Support | $15,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,695,924 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| THE JERUSALEM FOUNDATION | |||||||
| 60 EAST 42ND STREET | NEW YORK | NY | 10165 | NONE | PC | PALEY ART CENTER | $100,000 |
| THE MUSEUM OF MODERN ART | |||||||
| 11 WEST 53RD STREET | NEW YORK | NY | 10019 | NONE | PC | GENERAL OPERATING SUPPORT | $110,000 |
| THE PALEY CENTER FOR MEDIA | |||||||
| 25 WEST 52ND STREET | NEW YORK | NY | 10019 | NONE | PC | GENERAL PROGRAM | $4,124,746 |
| THE JERUSALEM FOUNDATION | |||||||
| 60 EAST 42ND STREET | NEW YORK | NY | 10165 | NONE | PC | Innovation | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $4,384,746 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $774 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,618,351 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $555,736 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $143 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $10,933,795 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Related Or Exempt Function Incm | $23,547 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $14,108,513 | ExclusionAmt |
| Related Or Exempt Function Incm | $23,547 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $14,132,060 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| AUDIT | $42,000 | $4,200 | $0 | $35,604 |
| TAX & ACCOUNTING | $125,800 | $12,580 | $0 | $103,252 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (19 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| BUILIDING IMPROVEMENTS | 2006-09-28 | $29,650 | $13,832 | SL | 30.0000 | $988 |
| ELEVATOR IMPROVEMENTS | 2012-10-01 | $355,498 | $97,762 | SL | 30.0000 | $11,850 |
| LOCAL LAW 11 IMPROVEMENTS | 2012-07-01 | $96,081 | $27,225 | SL | 30.0000 | $3,203 |
| ELEVATOR IMPROVEMENTS | 2013-10-01 | $30,562 | $7,388 | SL | 30.0000 | $1,019 |
| LOCAL LAW 11 IMPROVEMENTS | 2013-07-01 | $802,108 | $199,826 | SL | 30.0000 | $26,737 |
| FRONT GLASS DOORS | 2013-12-01 | $16,425 | $16,227 | SL | 7.0000 | $198 |
| LOCAL LAW 11 IMPROVEMENT | 2014-03-01 | $119,905 | $27,313 | SL | 30.0000 | $3,997 |
| BACKFLOW DEVICE | 2015-03-31 | $5,508 | $1,058 | SL | 30.0000 | $184 |
| STEAM TRAP | 2015-03-31 | $6,147 | $1,179 | SL | 30.0000 | $205 |
| FRONT GLASS DOORS | 2015-05-31 | $4,513 | $3,601 | SL | 7.0000 | $645 |
| LOCAL LAW 11 IMPROVEMENTS | 2016-10-01 | $20,882 | $2,958 | SL | 30.0000 | $696 |
| LOCAL LAW 26 IMPROVEMENTS | 2016-10-13 | $3,500 | $497 | SL | 30.0000 | $117 |
| LOCAL LAW 11 IMPROVEMENTS | 2017-07-01 | $145,866 | $17,017 | SL | 30.0000 | $4,862 |
| LOCAL LAW 26 IMPROVEMENTS | 2017-07-01 | $35,553 | $4,148 | SL | 30.0000 | $1,185 |
| LOCAL LAW 11 IMPROVEMENTS | 2018-07-01 | $248,165 | $20,680 | SL | 30.0000 | $8,272 |
| AC COMPRESSOR | 2018-07-01 | $6,870 | $2,453 | SL | 7.0000 | $981 |
| STORAGE TANK | 2020-01-01 | $40,000 | $5,714 | SL | 7.0000 | $5,714 |
| ELEVATOR DOOR LOCK MONITORING | 2020-01-01 | $5,649 | $807 | SL | 7.0000 | $807 |
| LOCAL LAW 26 IMPROVEMENTS | 2020-07-01 | $66,033 | $6,603 | SL | 5.0000 | $13,207 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|
| General Explanation Supplemental Information for Form 990-PF | STATEMENT 20FORM 990PF, PART II, LINE 22OTHER LIABILITIESFUNDS HELD FOR THE BENEFIT OF OTHERS -THE PALEY CENTER FOR MEDIA25 WEST 52ND STREETNEW YORK, NY 10019 $ 73,136,409THE GREENPARK FOUNDATION, INCC/O BENCIVENGA WARD & COMPANY, CPAS, PC420 COLUMBUS AVENUE, SUITE 304VALHALLA, NY 10595 $ 28,429,626TOTAL $102,566,035 |
| General Explanation Supplemental Information for Form 990-PF | STATEMENT 21FORM 990PF, PART VII-B, LINE 5CEXEMPTION FROM TAX ON TAXABLE EXPENDITURESDuring 2021, the Foundation made a grant of $735,000 to The Greenpark Foundation, Inc. (Greenpark, Federal ID# 13-6155738). Greenpark is a private operating foundation and has as its sole purpose the ownership, operation, and maintenance of a park open to the public. The officers and directors of Greenpark are also officers/directors of the Foundation. As such they are under common control.During 2021, Greenpark used the grant paid from the Foundation for the operation and maintenance of the park. In addition, Greenpark treated none of the grant as a qualifying distribution on its tax return for 2021 (Form 990PF), thereby allowing the grant of $735,000 to be treated as a qualifying distribution by the Foundation. Due to the common control of Greenpark and the foundation, the foundation has not formalized pre-grant and post-grant letters. It believes the Requirements of IRS Reg. 53.4945-5(d) are satisfied by the indicia of common control of the grantor and grantee. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (14 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| JPM CORE PLUS | $712,738 | $712,738 |
| VANGUARD TOTAL BOND | $2,812,165 | $2,812,165 |
| VANGUARD TOTAL INTERNATION | $2,954,474 | $2,954,474 |
| JPM MTGE BACKED SEC FD - R6 | $719,839 | $719,839 |
| SIX CIRCLES CREDIT OPPORT | $1,156,704 | $1,156,704 |
| SIX CIRCLES GLOBAL BOND | $2,103,906 | $2,103,906 |
| VANGUARD TOTAL BOND MARKET | $206,027 | $206,027 |
| VANGUARD TTL INTL BND-ADM | $126,151 | $126,151 |
| BARES MID/LARGE CAP SERIES | $2,724,992 | $2,724,992 |
| ALTAROCK PARTNERS SERIES | $7,768,038 | $7,768,038 |
| VALLEY FORGE LARGE CAP | $3,626,323 | $3,626,323 |
| I SHARES 3-7 YEAR TREASURY BO | $709,100 | $709,100 |
| I SHARES TRUST ISHARES 1-5 YEAR | $718,759 | $718,759 |
| VANGUARD SHORT-TERM BOND ETF | $1,867,739 | $1,867,739 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (50 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BERKSHIRE HATHAWAY, INC | $2,433,032 | $2,433,032 |
| DIAGEO PLC | $347,381 | $347,381 |
| NESTLE S A A/D/R | $265,299 | $265,299 |
| ROLLS ROYCE GROUP PLC | $1,248,386 | $1,248,386 |
| JACOBS ENGINEERING GROUP INC | $1,426,968 | $1,426,968 |
| ALPHABET INC | $5,244,362 | $5,244,362 |
| CELANESE CORP | $497,290 | $497,290 |
| ORACLE CORP | $390,003 | $390,003 |
| CARMAX | $3,223,844 | $3,223,844 |
| CONSTELLANTION SOFTWARE | $2,322,507 | $2,322,507 |
| LIBERTY MEDIA GROUP | $2,432,155 | $2,432,155 |
| MASTERCARD INC | $791,582 | $791,582 |
| CHARLES SCHWAB CORP | $2,508,703 | $2,508,703 |
| ZOETIS INC | $821,161 | $821,161 |
| CREDIT ACCEPTANCE CORP | $2,158,628 | $2,158,628 |
| BOOKING HOLDINGS | $345,489 | $345,489 |
| BROWN-FORMAN CORP | $342,223 | $342,223 |
| COPART INC | $646,356 | $646,356 |
| DOLLAR GENERAL | $295,731 | $295,731 |
| FACEBOOK (META PLATFORMS INC) | $3,210,797 | $3,210,797 |
| KLA-TENCOR CORP | $344,088 | $344,088 |
| LIBERTY BROADBAND | $2,027,649 | $2,027,649 |
| LINDE | $907,300 | $907,300 |
| EUROFINS SCIENTIFIC | $1,882,636 | $1,882,636 |
| TAIWAN SEMICONDUCTOR | $2,949,400 | $2,949,400 |
| ALCON INC | $591,980 | $591,980 |
| PROSUS NV | $1,655,057 | $1,655,057 |
| ARTHUR J. GALLAGHER & CO | $725,170 | $725,170 |
| COLGATE-PALMOLIVE CO | $328,218 | $328,218 |
| COSTCO WAREHOUSE | $430,317 | $430,317 |
| SMITH A.O. | $445,046 | $445,046 |
| UNITEDHEALTH CORP | $3,291,026 | $3,291,026 |
| WAYFAIR INC | $2,141,532 | $2,141,532 |
| WASTE MANAGEMENT INC | $297,082 | $297,082 |
| AMAZON.COM INC | $713,549 | $713,549 |
| BAXTER INTERNATIONAL INC | $497,700 | $497,700 |
| GRACO INC | $334,412 | $334,412 |
| INTERCONTINENTAL EXCHANGE IN | $1,669,551 | $1,669,551 |
| NETFLIX | $1,630,805 | $1,630,805 |
| NIKE INC - CL B | $600,512 | $600,512 |
| PROGRESSIVE CORP | $494,876 | $494,876 |
| STARBUCKS CORP | $451,153 | $451,153 |
| THERMO FISHER SCIENTIFIC INC | $498,428 | $498,428 |
| WALT DISNEY CO/THE | $1,526,751 | $1,526,751 |
| ABBOTT LABORATORIES | $449,664 | $449,664 |
| ANTHEM INC | $2,915,667 | $2,915,667 |
| MICRON TECHNOLOGY INC | $2,580,348 | $2,580,348 |
| S&P GLOBAL INC | $418,602 | $418,602 |
| SHERWIN-WILLIAMS CO/THE | $424,705 | $424,705 |
| UNIVERSAL MUSIC GROUP NV | $2,048,785 | $2,048,785 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SELECT EQUITY PARTNERSHIP | FMV | $39,535,287 | $39,535,287 |
| HIMALAYA CAPITAL | FMV | $13,353,219 | $13,353,219 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | EOYFMVEOYFMVAmt | Book ValueBookValueAmt |
|---|---|---|---|---|
| Furniture and Fixtures | $10,798 | $10,798 | ||
| Machinery and Equipment | $14,640 | $14,640 | ||
| Buildings | $379,455 | $379,455 | $14,492,086 | |
| Improvements | $2,720,929 | $1,223,169 | $1,497,759 | $1,497,760 |
| Land | $330,445 | $9,000,000 | $330,445 | |
| Miscellaneous | $10,155 | $10,155 | $10,155 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ADMINISTRATION | CategoryTxt |
| Legal Fees | $238,093 | LegalFeesAmt |
| Net Investment Income | $23,809 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $205,925 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NET CHANGE FOR GREENPARK ENDOWMENT | $3,463,838 |
| NET CHANGE FOR PALEY CENTER FOR MEDIA ENDOWMENT | $8,264,722 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FILING FEES | $1,500 | ||
| FOREIGN EXCHANGE | $1,711 | $1,711 | |
| GENERAL INSURANCE | $2,004 | $2,004 | |
| PAYROLL PROCESSING FEES | $656 | $656 | |
| Rental Expenses | $476,151 | $476,151 | |
| SUPPLIES | $4,805 | $4,814 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OTHER INCOME | $23,547 | |
| Other Investment Income | -$143 | -$143 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| SECURITY DEPOSITS | $47,942 | $47,942 |
| SEE STATEMENT #20 | $90,837,475 | $102,566,035 |
| DEFERRED EXCISE TAX | $539,852 | $683,654 |
| EXCISE TAX | $122,200 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ADMINISTRATION | $31,402 | $0 | $0 | $31,402 |
| ADVISORY & CUSTODY FEES | $1,535,647 | $1,535,647 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAXES | $167,546 | ||
| FOREIGN TAXES | $437,399 | $437,399 | |
| PAYROLL TAXES | $19,000 | $9,500 | $9,500 |