2021-05-12T08:42:07-05:00 2020-12-31 Foundation Source One Hollow Ln Ste 212 Lake Success NY 11042 990PF 2020-01-01 131968353 TASK Foundation Inc % Foundation Source TASK 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 jane stanley treasurer 8008391754 2021-05-05 true jane stanley 999009999 Jeffrey D Haskell P01345770 8008391754 2020 2022-09-23 18:48:47Z X 5267891 X 0 X 1093 1093 70803 70803 42 240042 42 100 100 72038 72038 0 5000 0 0 5000 22233 22233 3234 7 46 46 16656 16656 47169 22240 0 21702 177580 177580 224749 22240 0 199282 -152711 49798 335934 332016 332016 363828 368555 383214 1535587 1535587 3817981 621589 468069 500880 233800 233800 233800 3090738 2938027 5267891 0 0 X 3090738 2938027 3090738 2938027 3090738 2938027 3090738 -152711 2938027 2938027 Publicly-traded Securities 240042 240000 42 42 42 692 692 692 1884 0 1884 X 1192 0 1192 false false false false false false false true true NY true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Ellen Kheel Jacobs Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 0.5 0 0 0 Katherine Kheel Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 0.25 0 0 0 Robert J Kheel Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres 1.0 0 0 0 Jane Kheel Stanley Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Sec, Treas 2.0 0 0 0 4156610 381361 0 4537971 0 4537971 68070 4469901 223495 223495 692 692 222803 222803 222803 199282 0 0 0 0 199282 0 199282 222803 198739 2018 2017 2016 199282 198739 543 0 0 222260 0 0 NONE X AGRICULTURAL STEWARDSHIP ASSOCIATION 2531 STATE RTE 40 GREENWICH NY 12834 N/A PC General & Unrestricted 26516 CLAY ART CENTER INC 40 BEECH ST PORT CHESTER NY 10573 N/A PC General & Unrestricted 10000 CORNELL UNIVERSITY 260 DAY HALL ITHACA NY 14853 N/A PC The Kheel Labor Management endowment fund 26516 DIRECT RELIEF 6100 WALLACE BECKNELL RD SANTA BARBARA CA 93117 N/A PC For use in Direct Relief's COVID-19 program 35000 GOOD FOOD INSTITUTE INC 2503D N HARRISON ST NO 19 ARLINGTON VA 22207 N/A PC General & Unrestricted 26516 INTERNATIONAL RESCUE COMMITTEE INC PO BOX 6068 ALBERT LEA MN 56007 N/A PC General & Unrestricted 26516 NEW YORK URBAN LEAGUE INC 204 W 136TH ST NEW YORK NY 10030 N/A PC General & Unrestricted 26516 177580 14 1093 14 70803 18 42 CLASS ACTION LAWSUIT PROCEEDS 01 100 72038 72038 false false false false false false false false false false AUDIT SUPPORT 5000 5000 The Persistence Foundation Inc PO Box 11 Eagle Bridge NY 12057 2020-12-09 233800 PRI LOAN - SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION NO 11/22/2019, 01/07/2021, 02/03/2021 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. 1 FORM 990-PF, PART VII-B, LINE 5C - EXPENDITURE RESPONSIBILITY PRI RECIPIENT: The Persistence Foundation, Inc. DATE OF PRI: December 9, 2020 PURPOSE OF PRI: To ensure the continuing success of land conservation and agricultural preservation. REPORTS OF AMOUNTS EXPENDED: Recipient has submitted a full and complete financial report of the type ordinarily required by commercial investors under similar circumstances and a statement that it has complied with the terms of the investment for its fiscal years ending 7/31/19 and 7/31/20. From 2009 through 2011, TASK Foundation, Inc. (the "Foundation") entered into three (3) program related investment loan agreements with The Persistence Foundation as follows: (i) a loan agreement for $85,000, effective as of August 10, 2009, (ii) a loan agreement for $75,600, effective as of September 27, 2010 of which $10,800 was repaid, and (iii) a loan agreement for $105,000, effective as of August 1, 2011 (amended on January 12, 2012 to increase the total), of which $21,000 was repaid. In 2020, the Foundation and The Persistence Foundation entered into a consolidated loan agreement, effective as of December 9, 2020, thereby consolidating the outstanding balances of all three of these loans into one. Going forward, the Foundation will report these loans as one, single consolidated loan on its return. This investment remained on the foundation's books as of 12/31/2020. DIVERSIONS: To the knowledge of the grantor, no funds have been diverted to any activity other than the activity for which the investment was originally made. VERIFICATION: The grantor has no reason to doubt the accuracy or reliability of the report from the grantee; therefore, no independent verification of the report was made. AMERICAN EXPRESS - 2.650% - 12 34540 36534 ANHEUSER BUSCH INBEV BOND - 3. 35630 39646 APPLE INC - 3.450% - 05/06/202 35466 38544 BANK AMER CORP - 4.125% - 01/2 35421 38792 BERKSHIRE HATHAWAY INC - 0.000 35106 36756 CATERPILLAR FINL SVCS MTNS BE 50146 54687 CISCO SYSTEMS INC - 3.625% - 0 35871 38481 COCA-COLA CO - 3.200% - 11/01/ 50794 54211 GOLDMAN SACHS GROUP INC - 3.62 35301 37350 HOME DEPOT INC - 2.700% - 04/0 35183 36709 ORACLE - 2.500% - 10/15/2022 34789 36380 PEPSICO INC - 2.750% - 03/01/2 49822 52790 ALPHABET INC CL A 39481 87632 ALPHABET INC CL C 38452 87594 AMAZON COM 47655 227985 AMERICAN WATER WORKS COMPANY I 23307 102825 AMERIPRISE FINANCIAL INC 13560 48583 AMETEK INC 33617 74378 APPLE INC 64003 355608 BANK NEW YORK MELLON CORP COM 24924 25252 BMY CONTINGENT VALUE RIGHTS 1065 345 BOEING CO 37069 58867 BRINKER INTL INC 18776 26305 BRISTOL-MYERS SQUIBB CO 27950 31015 BROADCOM INC 18998 56921 CAPITAL ONE FINANCIAL CORP 50378 56345 CHEVRON CORP 20771 20690 CIGNA CORPORATION 58923 83272 CISCO SYSTEMS INC 19987 42960 CITIGROUP INC 47178 70416 COGNIZANT TECHNOLOGY SOLUTIONS 19938 26634 CONAGRA FOODS INC 14086 21031 COSTCO WHOLESALE CORPORATION 28480 65937 ECOLAB INC 30929 57335 EOG RESOURCES INC 17564 15709 FIDELITY NATIONAL INFORMATION 16987 38902 HCA INC 23027 49338 HOME DEPOT INC 12991 106248 INTUIT 14447 55078 JP MORGAN CHASE 47784 132788 KROGER CO 36365 31125 MCKESSON CORP 43819 34784 METLIFE INC 22291 29109 MICROSOFT CORP 85446 338077 NEXTERA ENERGY, INC 8918 52462 NIKE INC-CL B 50541 111054 NORFOLK SOUTHERN CORP 19207 72471 NXP SEMICONDUCTORS 7700 20671 OCCIDENTAL PETROLEUM CORP 36629 9330 OCCIDENTAL PETROLEUM WARRANTS 456 ORACLE CORP 23919 44636 PARKER HANNIFIN CP 19969 54482 PEPSICO INC 36975 54130 PHILLIPS 66 30679 26228 PROLOGIS 34736 84711 REGAL BELOITE CP 16526 30088 ROPER INDUSTRIES 39493 88373 SALESFORCE.COM 18167 51182 SEALED AIR CORP 18848 31595 T-MOBILE US INC 15184 75516 THERMO FISHER SCIENTIFIC INC 54166 279468 TRANSDIGM GRP INC 11167 30943 V F CORP 4086 17082 VISA INC 48374 133425 WALT DISNEY HOLDINGS CO 40055 90590 368555 383214 PRI-THE PERSISTANCE FOUNDATION 233800 233800 Administrative Fees 16336 16336 Equipment Maintenance 40 40 Postage/Delivery Service 20 20 State or Local Filing Fees 250 250 Website Hosting/Support 10 10 Class Action Lawsuit Proceeds 100 100 Investment Management Services 22233 22233 990-PF Estimated Tax for 2020 600 990-PF Extension for 2019 2627 Foreign Tax Paid 7 7