WILLIAM S PALEY FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- WILLIAM S PALEY FOUNDATION INC (EIN 13-6085929)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202103199349110020
- Schema version
- 2020v4.0
- 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 | 2021-11-15T17:51:52-08:00 | ReturnTs |
| Tax Period End | 2020-12-31 | 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 & Company CPAs PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 Columbus Avenue Suite 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 | 2020-01-01 | 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 | 2021-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | 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 | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $158,739,904 | 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 | $9,097 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $9,097 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,171,536 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,171,536 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $1,032,187 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $1,032,187 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $454,642 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $14,462,600 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $57,303,413 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $14,462,600 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $7,796 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $7,796 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $16,683,216 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $16,683,216 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $100,262 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $50,131 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $50,131 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $52,609 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $5,261 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $33,889 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $154,800 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $15,480 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $141,121 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,302,384 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,284,103 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $30,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $261,415 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $52,852 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $4,070 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $80,216 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $585,691 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $577,545 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $9,011 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,537,377 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,985,372 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $268,222 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,242,218 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,237,643 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,779,595 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,985,372 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,505,865 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $8,903,621 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $14,697,844 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $438,482 | CashBOYAmt |
| Cash EOY | $836,305 | CashEOYAmt |
| Cash EOYFMV | $836,305 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,297,004 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $4,658,704 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $4,658,704 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $191,354 | AcctRcvblAmt |
| Acct Rcvbl BOY | $115,111 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $191,354 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $191,354 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $6,945 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $7,041 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $7,041 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $81,921,191 | CorporateStockBOYAmt |
| Corporate Stock EOY | $61,765,543 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $61,765,543 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $9,072,774 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $20,889,870 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $20,889,870 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $27,149,738 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $45,391,087 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $45,391,087 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,466,422 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,553,350 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,927,254 | LandBOYAmt |
| Land EOY | $1,913,072 | LandEOYAmt |
| Land EOYFMV | $25,000,000 | LandEOYFMVAmt |
| Total Assets BOY | $123,928,499 | TotalAssetsBOYAmt |
| Total Assets EOY | $135,652,976 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $158,739,904 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $384,430 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $371,625 | AccountsPayableEOYAmt |
| Grants Payable BOY | $4,470,304 | GrantsPayableBOYAmt |
| Grants Payable EOY | $3,474,879 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $82,026,778 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $91,547,469 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $86,881,512 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $95,393,973 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $37,046,987 | NoDonorRstrNetAssestsBOYAmt |
| Tot Net Ast Or Fund Balances BOY | $37,046,987 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $40,259,003 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $123,928,499 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $135,652,976 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $37,046,987 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $8,903,621 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,692,902 | OtherIncreasesAmt |
| Subtotal | $49,643,510 | SubtotalAmt |
| Other Decreases | $9,384,507 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $40,259,003 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (86 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 61209 A2 MILK CO LTD ISIN NZATME0002S8 SEDOL BWSRTS7 | P | 2019-01-01 | 2020-12-31 | $651,759 | $486,601 | $165,158 | $165,158 |
| 4147 ALCON INC | P | 2019-01-01 | 2020-12-31 | $265,929 | $243,696 | $22,233 | $22,233 |
| 2482 ALLEGION PLC | P | 2019-01-01 | 2020-12-31 | $278,697 | $229,807 | $48,890 | $48,890 |
| 602 ALPHABET INC-CL A | P | 2019-01-01 | 2020-12-31 | $807,518 | $152,592 | $654,926 | $654,926 |
| 3725 ALPHABET INC-CL C | P | 2019-01-01 | 2020-12-31 | $5,276,250 | $2,766,663 | $2,509,587 | $2,509,587 |
| 938 AMAZON.COM INC | P | 2019-01-01 | 2020-12-31 | $2,528,263 | $1,045,405 | $1,482,858 | $1,482,858 |
| 4160 ARISTA NETWORKS INC | P | 2019-01-01 | 2020-12-31 | $873,780 | $837,567 | $36,213 | $36,213 |
| 2593 ARTHUR J GALLAGHER & CO | P | 2019-01-01 | 2020-12-31 | $320,929 | $241,291 | $79,638 | $79,638 |
| 2301 BAXTER INTERNATIONAL INC | P | 2019-01-01 | 2020-12-31 | $182,372 | $187,622 | -$5,250 | -$5,250 |
| 5 BERKSHIRE HATHAWAY INC-CL A | P | 2019-01-01 | 2020-12-31 | $1,488,967 | $211,809 | $1,277,158 | $1,277,158 |
| 10161 BERKSHIRE HATHAWAY INC-CL B | P | 2019-01-01 | 2020-12-31 | $2,048,251 | $382,902 | $1,665,349 | $1,665,349 |
| 100035.074 BLCKRCK HI YLD BND PORT-K | P | 2019-01-01 | 2020-12-31 | $737,529 | $736,033 | $1,496 | $1,496 |
| 1458 BOOKING HOLDINGS INC | P | 2019-01-01 | 2020-12-31 | $2,293,217 | $2,413,086 | -$119,869 | -$119,869 |
| 3206 BRIGHT HORIZONS FAMILY SOLUT | P | 2019-01-01 | 2020-12-31 | $234,112 | $485,814 | -$251,702 | -$251,702 |
| 4765 BROWN-FORMAN CORP-CLASS B | P | 2019-01-01 | 2020-12-31 | $360,634 | $251,095 | $109,539 | $109,539 |
| 26987 CARMAX INC | P | 2019-01-01 | 2020-12-31 | $1,946,483 | $1,559,638 | $386,845 | $386,845 |
| 2775 CELANESE CORP | P | 2019-01-01 | 2020-12-31 | $362,982 | $227,099 | $135,883 | $135,883 |
| 2174 COLGATE-PALMOLIVE CO | P | 2019-01-01 | 2020-12-31 | $184,604 | $142,896 | $41,708 | $41,708 |
| 21527 COMCAST CORP-CLASS A | P | 2019-01-01 | 2020-12-31 | $858,506 | $579,638 | $278,868 | $278,868 |
| 1506 CONSTELLATION SOFTWARE INC ISIN CA21037X1006 SEDOL B15C4L6 | P | 2019-01-01 | 2020-12-31 | $1,503,365 | $614,444 | $888,921 | $888,921 |
| 6059 COPART INC | P | 2019-01-01 | 2020-12-31 | $677,377 | $322,717 | $354,660 | $354,660 |
| 361 COSTCO WHOLESALE CORP | P | 2019-01-01 | 2020-12-31 | $130,582 | $102,645 | $27,937 | $27,937 |
| 2536 CREDIT ACCEPTANCE CORP | P | 2019-01-01 | 2020-12-31 | $933,356 | $731,068 | $202,288 | $202,288 |
| 2221 DIAGEO PLC-SPONSORED ADR | P | 2019-01-01 | 2020-12-31 | $346,612 | $255,670 | $90,942 | $90,942 |
| 2171 DOLLAR GENERAL CORP | P | 2019-01-01 | 2020-12-31 | $440,884 | $231,731 | $209,153 | $209,153 |
| 1442 EUROFINS SCIENTIFIC ISIN FR0000038259 SEDOL 5972643 | P | 2019-01-01 | 2020-12-31 | $768,423 | $656,394 | $112,029 | $112,029 |
| 934 FLEETCOR TECHNOLOGIES INC | P | 2019-01-01 | 2020-12-31 | $254,123 | $132,594 | $121,529 | $121,529 |
| 2900 HENRY SCHEIN INC | P | 2019-01-01 | 2020-12-31 | $193,801 | $175,441 | $18,360 | $18,360 |
| Himalaya - Managed | P | 2019-01-01 | 2020-12-31 | $4,479 | $4,479 | $4,479 | |
| Himalaya - Park | P | 2019-01-01 | 2020-12-31 | $2,988 | $2,988 | $2,988 | |
| Himalaya - PCM | P | 2019-01-01 | 2020-12-31 | $7,900 | $7,900 | $7,900 | |
| 51333 HISCOX LTD ISIN BMG4593F1389 SEDOL BVZHXQ9 | P | 2019-01-01 | 2020-12-31 | $700,734 | $480,972 | $219,762 | $219,762 |
| 1963 ISHARES 20+ YEAR TREASURY BO | P | 2019-01-01 | 2020-12-31 | $321,788 | $277,236 | $44,552 | $44,552 |
| 8286 ISHARES 7-10 YEAR TREASURY B | P | 2019-01-01 | 2020-12-31 | $1,007,664 | $883,718 | $123,946 | $123,946 |
| 17123 ISHARES US TREASURY BOND ETF | P | 2019-01-01 | 2020-12-31 | $478,064 | $480,003 | -$1,939 | -$1,939 |
| 16138 JACOBS ENGINEERING GROUP INC | P | 2019-01-01 | 2020-12-31 | $1,433,370 | $814,771 | $618,599 | $618,599 |
| 9314.689 JPM CORE PLUS BD FD - R6 FUND 3939 | P | 2019-01-01 | 2020-12-31 | $101,625 | $80,945 | $20,680 | $20,680 |
| 43724.572 JPM HIGH YIELD FD - USD - R6 ISIN US4812C01260 SEDOL B06G8K7 | P | 2019-01-01 | 2020-12-31 | $306,072 | $286,908 | $19,164 | $19,164 |
| 0 JPM MTGE BACKED SEC FD - R6 FUND 3942 | P | 2019-01-01 | 2020-12-31 | $5,448 | $5,448 | $5,448 | |
| 668 KLA CORPORATION COM NEW | P | 2019-01-01 | 2020-12-31 | $171,852 | $66,514 | $105,338 | $105,338 |
| 1762 LIBERTY BROADBAND-A | P | 2019-01-01 | 2020-12-31 | $214,873 | $148,091 | $66,782 | $66,782 |
| 8747 LIBERTY BROADBAND-C | P | 2019-01-01 | 2020-12-31 | $1,098,140 | $723,964 | $374,176 | $374,176 |
| 90 LIBERTY MEDIA CORP-LIBERTY-A | P | 2019-01-01 | 2020-12-31 | $3,907 | $2,605 | $1,302 | $1,302 |
| 23652 LIBERTY MEDIA CORP-LIBERTY-C | P | 2019-01-01 | 2020-12-31 | $823,897 | $616,370 | $207,527 | $207,527 |
| 302 LINDE PLC | P | 2019-01-01 | 2020-12-31 | $64,795 | $52,156 | $12,639 | $12,639 |
| 170240.43 LORD ABBETT SHRT DUR INC-F3 | P | 2019-01-01 | 2020-12-31 | $716,712 | $710,877 | $5,835 | $5,835 |
| 930 MASTERCARD INC - A | P | 2019-01-01 | 2020-12-31 | $309,926 | $262,983 | $46,943 | $46,943 |
| 565420 MELROSE INDUSTRIES PLC ISIN GB00BZ1G4322 SEDOL BZ1G432 | P | 2019-01-01 | 2020-12-31 | $1,085,215 | $1,231,119 | -$145,904 | -$145,904 |
| 4973 META PLATFORMS INC | P | 2019-01-01 | 2020-12-31 | $986,151 | $902,753 | $83,398 | $83,398 |
| 8045 NASPERS LTD-N SHS ISIN ZAE000015889 SEDOL 6622691 | P | 2019-01-01 | 2020-12-31 | $1,238,546 | $2,334,370 | -$1,095,824 | -$1,095,824 |
| 1682 NESTLE SA-SPONS ADR | P | 2019-01-01 | 2020-12-31 | $187,841 | $28,353 | $159,488 | $159,488 |
| 1516 NIKE INC -CL B | P | 2019-01-01 | 2020-12-31 | $216,685 | $136,535 | $80,150 | $80,150 |
| 8348 NOVARTIS AG-SPONSORED ADR | P | 2019-01-01 | 2020-12-31 | $747,663 | $190,195 | $557,468 | $557,468 |
| 17331 ORACLE CORP | P | 2019-01-01 | 2020-12-31 | $959,795 | $749,276 | $210,519 | $210,519 |
| 2332 PERRIGO CO PLC | P | 2019-01-01 | 2020-12-31 | $103,639 | $280,972 | -$177,333 | -$177,333 |
| 115120.692 PGIM HIGH YIELD-Q | P | 2019-01-01 | 2020-12-31 | $602,681 | $602,968 | -$287 | -$287 |
| 73267.818 PIMCO INCOME FUND-INS | P | 2019-01-01 | 2020-12-31 | $825,118 | $882,877 | -$57,759 | -$57,759 |
| 165973.967 PIMCO INTL BND USD HGD-INS | P | 2019-01-01 | 2020-12-31 | $1,796,066 | $1,807,926 | -$11,860 | -$11,860 |
| 28086.303 PIMCO SHORT-TERM FUND-INST | P | 2019-01-01 | 2020-12-31 | $273,841 | $275,145 | -$1,304 | -$1,304 |
| 1937 PROGRESSIVE CORP | P | 2019-01-01 | 2020-12-31 | $190,016 | $148,240 | $41,776 | $41,776 |
| 5991 PROSUS NV ISIN NL0013654783 SEDOL BJDS7L3 | P | 2019-01-01 | 2020-12-31 | $453,674 | $478,351 | -$24,677 | -$24,677 |
| 11309974 ROLLS-ROYCE HLD --- NON-CUM RED PFDREGISTERED SHS -C- ISIN GB00BKT6BP09 SEDOL BKT6BP0 | P | 2019-01-01 | 2020-12-31 | $14,884 | $14,554 | $330 | $330 |
| 107715 ROLLS-ROYCE HOLDINGS PLC ISIN GB00B63H8491 SEDOL B63H849 | P | 2019-01-01 | 2020-12-31 | $622,760 | $1,117,898 | -$495,138 | -$495,138 |
| 575759 RTS ROLLS-ROYCE HOLDINGS PLC-NIL ISIN GB00BJP49W43 SEDOL BJP49W4 | P | 2019-01-01 | 2020-12-31 | $443,842 | $1,132,143 | -$688,301 | -$688,301 |
| 29459 SCHWAB (CHARLES) CORP | P | 2019-01-01 | 2020-12-31 | $1,144,526 | $946,575 | $197,951 | $197,951 |
| Select Equity Fund - Managed | P | 2019-01-01 | 2020-12-31 | $238,035 | $238,035 | $238,035 | |
| Select Equity Fund - Park | P | 2019-01-01 | 2020-12-31 | $175,395 | $175,395 | $175,395 | |
| Select Equity Fund -PCM | P | 2019-01-01 | 2020-12-31 | $400,902 | $400,902 | $400,902 | |
| 7838 SMITH (A.O.) CORP | P | 2019-01-01 | 2020-12-31 | $426,496 | $365,018 | $61,478 | $61,478 |
| 1528 STARBUCKS CORP | P | 2019-01-01 | 2020-12-31 | $156,428 | $142,524 | $13,904 | $13,904 |
| 6960 TAIWAN SEMICONDUCTOR-SP ADR | P | 2019-01-01 | 2020-12-31 | $410,500 | $344,649 | $65,851 | $65,851 |
| 275 THERMO FISHER SCIENTIFIC INC | P | 2019-01-01 | 2020-12-31 | $127,647 | $119,811 | $7,836 | $7,836 |
| 11464 UNILEVER N V -NY SHARES | P | 2019-01-01 | 2020-12-31 | $605,551 | $355,130 | $250,421 | $250,421 |
| 2216 UNITEDHEALTH GROUP INC | P | 2019-01-01 | 2020-12-31 | $612,921 | $634,146 | -$21,225 | -$21,225 |
| 20255 US BANCORP | P | 2019-01-01 | 2020-12-31 | $736,458 | $897,846 | -$161,388 | -$161,388 |
| 0 VANGUARD | P | 2019-01-01 | 2020-12-31 | $259 | $259 | $259 | |
| 14552.809 VANGUARD TOT BD MKT IDX-ADM | P | 2019-01-01 | 2020-12-31 | $165,135 | $165,902 | -$767 | -$767 |
| 455 VANGUARD TOTAL BOND MARKET | P | 2019-01-01 | 2020-12-31 | $40,498 | $40,364 | $134 | $134 |
| 0 VANGUARD TOTAL INTL BOND ETF | P | 2019-01-01 | 2020-12-31 | $736 | $736 | $736 | |
| 0 VANGUARD TTL INTL BND-ADM | P | 2019-01-01 | 2020-12-31 | $6,660 | $6,660 | $6,660 | |
| 8975 VISA INC-CLASS A SHARES | P | 2019-01-01 | 2020-12-31 | $1,656,208 | $601,133 | $1,055,075 | $1,055,075 |
| 33287 VIVENDI SE ISIN FR0000127771 SEDOL 4834777 | P | 2019-01-01 | 2020-12-31 | $861,563 | $904,785 | -$43,222 | -$43,222 |
| 519 WALT DISNEY CO/THE | P | 2019-01-01 | 2020-12-31 | $60,239 | $64,075 | -$3,836 | -$3,836 |
| 2131 WASTE MANAGEMENT INC | P | 2019-01-01 | 2020-12-31 | $239,196 | $246,735 | -$7,539 | -$7,539 |
| 21389 WAYFAIR INC- CLASS A | P | 2019-01-01 | 2020-12-31 | $3,435,307 | $2,322,420 | $1,112,887 | $1,112,887 |
| 2050 ZOETIS INC | P | 2019-01-01 | 2020-12-31 | $330,797 | $83,954 | $246,843 | $246,843 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $14,462,600 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $204,300 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $204,300 | SubtotalAmt |
| Tax Based On Investment Income | $204,300 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $327,292 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $327,292 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $940 | EsPenaltyAmt |
| Overpayment | $122,052 | OverpaymentAmt |
| Applied To ES Tax | $122,052 | 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 | false | 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. | 5.00 | $100,262 |
| 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 | $450,755 |
| BENCIVENGA WARD & COMPANY CPAS | |||||
| 420 COLUMBUS AVENUE SUITE 304 | VALHALLA | NY | 10595 | ACCOUNTING & TAX | $118,767 |
| BROWN BROTHERS HARRIMAN | |||||
| 140 BROADWAY | NEW YORK | NY | 10005 | ADVISORY & CUSTODY | $213,632 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $115,375,418 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $538,555 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $115,913,973 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $115,913,973 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,738,710 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $114,175,263 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,708,763 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $5,708,763 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $204,300 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $204,300 | TotalTaxAmt |
| Distributable Before Adj | $5,504,463 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $5,504,463 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $5,504,463 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,505,865 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $106,033 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $6,611,898 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $6,611,898 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,504,463 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $1,257,659 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,097,330 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $2,354,989 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $6,611,898 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $5,504,463 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,107,435 | RemainingDistriFromCorpusAmt |
| Total Corpus | $3,462,424 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $3,462,424 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,257,659 | ExcessFromYear4Amt |
| Excess From Year3 | $1,097,330 | ExcessFromYear3Amt |
| Excess From Current Year | $1,107,435 | ExcessFromCurrentYearAmt |
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 (28 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 | $600,000 | |||||
| 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 OPERATING SUPPORT | $2,539,653 | |||||
| THE PALEY CENTER FOR MEDIA | ||||||||||||
| 25 WEST 52ND STREET | NEW YORK | NY | 10019 | NONE | PC | PALEY TELEVISON FESTIVAL | $500,000 | |||||
| THE PALEY CENTER FOR MEDIA | ||||||||||||
| 25 WEST 52ND STREET | NEW YORK | NY | 10019 | NONE | PC | GENERAL OPERATING SUPPORT | $50,000 | |||||
| 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 | $10,000 | |||||
| GREENWICH LIBRARY | ||||||||||||
| 101 WEST PUTNAM AVENUE | GREENWICH | CT | 06830 | NONE | PC | GENERAL OPERATING SUPPORT | $2,500 | |||||
| BOYS GIRLS CLUB OF GREENWICH | ||||||||||||
| 4 HORSENECK LANE | GREENWICH | CT | 06830 | NONE | PC | GENERAL OPERATING SUPPORT | $2,500 | |||||
| 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 | $2,500 | |||||
| VOICES OF ASCENSION | ||||||||||||
| 12 WEST 11TH STREET | NEW YORK | NY | 10011 | NONE | PC | GENERAL OPERATING SUPPORT | $10,000 | |||||
| MADISON SQUARE BOYS GIRLS CLUB INC | ||||||||||||
| 733 THIRD AVENUE FLOOR 2 | NEW YORK | NY | 10017 | 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 | |||||
| THE ROCKFELLER UNIVERSITY | ||||||||||||
| 1230 YORK AVENUE BOX 164 | NEW YORK | NY | 10065 | NONE | PC | GENERAL OPERATING SUPPORT | $12,500 | |||||
| MICHAEL'S CAUSE | ||||||||||||
| PO Box 120323 | Staten Island | NY | 10312 | NONE | PC | General Operating Support | $50,000 | |||||
| WORLD CENTRAL KITCHEN | ||||||||||||
| 655 New York Ave NW 6th Floor | Washington | DC | 20001 | NONE | PC | General Operating Support | $100,000 | |||||
| PORTSMOUTH ABBEY SCHOOL co Matt Wal | ||||||||||||
| 285 Corys Lane | Portsmouth | RI | 02871 | NONE | PC | General Operating Support | $10,000 | |||||
| TOMLINSON MIDDLE SCHOOL PTA | ||||||||||||
| 200 Unquowa Road | Fairfield | CT | 06824 | NONE | PC | General Operating Support | $7,500 | |||||
| GREENWICH ACADEMY | ||||||||||||
| 200 NORTH MAPLE AVENUE | GREENWICH | CT | 06830 | NONE | PC | General Operating Support | $35,000 | |||||
| THE ANIMAL MEDICAL CENTER | ||||||||||||
| 510 EAST 62ND STREET | NEW YORK | NY | 10065 | NONE | PC | General Operating Support | $13,000 | |||||
| WGA CADDIE SCHOLARSHIP FUND | ||||||||||||
| 49 KNOLLWOOD ROAD | ELMSFORD | NY | 10523 | NONE | PC | General Operating Support | $1,000 | |||||
| WEILL CORNELL MEDICINE | ||||||||||||
| 1300 York Avenue Box 314 | New York | NY | 10065 | NONE | PC | PHYLLIS AND HARVEY KLEIN MD SCHOLARSHIP FUND | $5,000 | |||||
| THE PALEY CENTER FOR MEDIA | ||||||||||||
| 25 WEST 52 STREET | NEW YORK | NY | 10019 | NONE | PC | INTERNATIONAL SUMMIT ENDOWMENT | $2,006,990 | |||||
| AMERICAN CANCER SOCIETY | ||||||||||||
| PO BOX 22478 | OKLAHOMA CITY | OK | 73123 | NONE | PC | General Operating Support | $10,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,237,643 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (6 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 | $3,239,878 |
| NY PRESBYTERIAN HOSPITAL | |||||||
| 525 EAST 68TH STREET BOX 123 | NEW YORK | NY | 10065 | NONE | PC | GENERAL OPERATING SUPPORT | $10,000 |
| VOICES OF ASCENSION | |||||||
| 12 WEST 11TH STREET | NEW YORK | NY | 10011 | NONE | PC | GENERAL PROGRAM | $10,000 |
| NEW HARTFORD LAND TRUST | |||||||
| PO BOX 272 | NEW HARTFORD | CT | 06057 | NONE | PC | General Operating Support | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $3,474,878 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,097 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,171,536 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $454,642 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,796 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $14,462,600 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $16,105,671 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $16,105,671 | 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 | $39,000 | $3,900 | $0 | $36,806 |
| TAX & ACCOUNTING | $115,800 | $11,580 | $0 | $104,315 |
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 | $12,844 | SL | 30.0000 | $988 |
| ELEVATOR IMPROVEMENTS | 2012-10-01 | $355,498 | $85,912 | SL | 30.0000 | $11,850 |
| LOCAL LAW 11 IMPROVEMENTS | 2012-07-01 | $96,081 | $24,022 | SL | 30.0000 | $3,203 |
| ELEVATOR IMPROVEMENTS | 2013-10-01 | $30,562 | $6,369 | SL | 30.0000 | $1,019 |
| LOCAL LAW 11 IMPROVEMENTS | 2013-07-01 | $802,108 | $173,089 | SL | 30.0000 | $26,737 |
| FRONT GLASS DOORS | 2013-12-01 | $16,425 | $14,076 | SL | 7.0000 | $2,151 |
| LOCAL LAW 11 IMPROVEMENT | 2014-03-01 | $119,905 | $23,316 | SL | 30.0000 | $3,997 |
| BACKFLOW DEVICE | 2015-03-31 | $5,508 | $874 | SL | 30.0000 | $184 |
| STEAM TRAP | 2015-03-31 | $6,147 | $974 | SL | 30.0000 | $205 |
| FRONT GLASS DOORS | 2015-05-31 | $4,513 | $2,956 | SL | 7.0000 | $645 |
| LOCAL LAW 11 IMPROVEMENTS | 2016-10-01 | $20,882 | $2,262 | SL | 30.0000 | $696 |
| LOCAL LAW 26 IMPROVEMENTS | 2016-10-13 | $3,500 | $380 | SL | 30.0000 | $117 |
| LOCAL LAW 11 IMPROVEMENTS | 2017-07-01 | $145,866 | $12,155 | SL | 30.0000 | $4,862 |
| LOCAL LAW 26 IMPROVEMENTS | 2017-07-01 | $35,553 | $2,963 | SL | 30.0000 | $1,185 |
| LOCAL LAW 11 IMPROVEMENTS | 2018-07-01 | $248,165 | $12,408 | SL | 30.0000 | $8,272 |
| AC COMPRESSOR | 2018-07-01 | $6,870 | $1,472 | SL | 7.0000 | $981 |
| STORAGE TANK | 2020-01-01 | $40,000 | SL | 7.0000 | $5,714 | |
| ELEVATOR DOOR LOCK MONITORING | 2020-01-01 | $5,649 | SL | 7.0000 | $807 | |
| LOCAL LAW 26 IMPROVEMENTS | 2020-07-01 | $66,033 | SL | 5.0000 | $6,603 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|
| General Explanation Supplemental Information for Form 990-PF | STATEMENT 19FORM 990PF, PART II, LINE 22OTHER LIABILITIESFUNDS HELD FOR THE BENEFIT OF OTHERS -THE PALEY CENTER FOR MEDIA25 WEST 52ND STREETNEW YORK, NY 10019 $65,871,687THE GREENPARK FOUNDATION, INCC/O BENCIVENGA WARD & COMPANY, CPAS, PC420 COLUMBUS AVENUE, SUITE 304VALHALLA, NY 10595 $24,965,789TOTAL $90,837,475 |
| General Explanation Supplemental Information for Form 990-PF | STATEMENT 20FORM 990PF, PART VII-B, LINE 5CEXEMPTION FROM TAX ON TAXABLE EXPENDITURESDuring 2020, the Foundation made a grant of $600,000 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 2020, 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 2020 (Form 990PF), thereby allowing the grant of $600,000 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 (20 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BLACKROCK HIGH YIELD | $456,127 | $456,127 |
| ISHARES 20 YEAR | $697,640 | $697,640 |
| ISHARES 7-10 YEAR | ||
| JPM CORE PLUS | $1,572,083 | $1,572,083 |
| PGIM HIGH YIELD | $604,021 | $604,021 |
| PIMCO INCOME FUND | ||
| PIMCO SHORT TERM FD | ||
| VANGUARD TOTAL BOND | $2,108,604 | $2,108,604 |
| PIMCO FDS | ||
| VANGUARD TOTAL INTERNATION | $3,457,000 | $3,457,000 |
| ISHARES JP MORGAN USD EMERGING | $738,463 | $738,463 |
| JPM HIGH YIELD FD - USD - R6 ISIN | $456,045 | $456,045 |
| JPM MTGE BACKED SEC FD - R6 | $720,048 | $720,048 |
| SIX CIRCLES CREDIT OPPORT | $733,923 | $733,923 |
| SIX CIRCLES GLOBAL BOND | $2,174,250 | $2,174,250 |
| VANGUARD TOTAL BOND MARKET | $214,390 | $214,390 |
| VANGUARD TTL INTL BND-ADM | $482,276 | $482,276 |
| BARES MID/LARGE CAP SERIES | $1,600,000 | $1,600,000 |
| ALTAROCK PARTNERS SERIES | $3,275,000 | $3,275,000 |
| VALLEY FORGE LARGE CAP | $1,600,000 | $1,600,000 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (61 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BERKSHIRE HATHAWAY, INC | $2,891,449 | $2,891,449 |
| COMCAST CORP | $493,503 | $493,503 |
| DIAGEO PLC | $563,299 | $563,299 |
| NESTLE S A A/D/R | $348,099 | $348,099 |
| NOVARTIS A G A/D/R | ||
| UNILEVER N V | ||
| ROLLS ROYCE GROUP PLC | $1,138,246 | $1,138,246 |
| HISCOX LTD | $433,386 | $433,386 |
| VISA INC | $1,480,365 | $1,480,365 |
| JACOBS ENGINEERING GROUP INC | $1,545,271 | $1,545,271 |
| ALPHABET INC | $3,914,358 | $3,914,358 |
| CELANESE CORP | $512,613 | $512,613 |
| HENRY SCHEIN NC | $478,049 | $478,049 |
| ORACLE CORP | $643,342 | $643,342 |
| US BANCORP | ||
| CARMAX | $2,165,684 | $2,165,684 |
| CONSTELLANTION SOFTWARE | $1,891,646 | $1,891,646 |
| FLEETCOR TECHNOLOGIES | $638,422 | $638,422 |
| LIBERTY MEDIA GROUP | $1,641,543 | $1,641,543 |
| MASTERCARD INC | $1,334,956 | $1,334,956 |
| CHARLES SCHWAB CORP | $1,779,651 | $1,779,651 |
| ZOETIS INC | $862,255 | $862,255 |
| CREDIT ACCEPTANCE CORP | $1,978,882 | $1,978,882 |
| A2 MILK CO LTD | $1,113,569 | $1,113,569 |
| ALLEGION PLC | $475,412 | $475,412 |
| BOOKING HOLDINGS | $363,045 | $363,045 |
| BROWN-FORMAN CORP | $572,055 | $572,055 |
| COPART INC | $828,652 | $828,652 |
| DOLLAR GENERAL | $405,248 | $405,248 |
| $2,194,021 | $2,194,021 | |
| KLA-TENCOR CORP | $430,567 | $430,567 |
| LIBERTY BROADBAND | $1,732,891 | $1,732,891 |
| LINDE | $1,182,633 | $1,182,633 |
| MELROSE | ||
| VIVENDI | $1,757,980 | $1,757,980 |
| EUROFINS SCIENTIFIC | $1,937,239 | $1,937,239 |
| NASPERS LTDD | ||
| TAIWAN SEMICONDUCTOR | $2,575,089 | $2,575,089 |
| ALCON INC | $689,821 | $689,821 |
| PROSUS NV | $1,606,990 | $1,606,990 |
| ARISTA NETWORKS | $1,954,955 | $1,954,955 |
| ARTHUR J. GALLAGHER & CO | $815,744 | $815,744 |
| BRIGHT HORIZONS FAMILY SOL | ||
| COLGATE-PALMOLIVE CO | $470,219 | $470,219 |
| COSTCO WAREHOUSE | $346,638 | $346,638 |
| SMITH A.O. | $411,424 | $411,424 |
| UNITEDHEALTH CORP | $2,290,992 | $2,290,992 |
| WAYFAIR INC | $1,456,475 | $1,456,475 |
| WASTE MANAGEMENT INC | $323,482 | $323,482 |
| AMAZON.COM INC | $752,351 | $752,351 |
| BAXTER INTERNATIONAL INC | $472,052 | $472,052 |
| FIDELITY NATIONAL INFO SERV | $982,298 | $982,298 |
| GRACO INC | $203,521 | $203,521 |
| INTERCONTINENTAL EXCHANGE IN | $1,430,979 | $1,430,979 |
| NETFLIX | $1,370,751 | $1,370,751 |
| NIKE INC - CL B | $564,324 | $564,324 |
| PERRIGO CO PLC | $246,854 | $246,854 |
| PROGRESSIVE CORP | $497,465 | $497,465 |
| STARBUCKS CORP | $412,622 | $412,622 |
| THERMO FISHER SCIENTIFIC INC | $367,035 | $367,035 |
| WALT DISNEY CO/THE | $1,795,131 | $1,795,131 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SELECT EQUITY PARTNERSHIP | FMV | $31,541,338 | $31,541,338 |
| HIMALAYA CAPITAL | FMV | $13,849,749 | $13,849,749 |
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 | $14,407,218 | |
| Improvements | $2,720,929 | $1,138,302 | $1,582,627 | $1,582,627 |
| 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 | $52,609 | LegalFeesAmt |
| Net Investment Income | $5,261 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $33,889 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NET CHANGE FOR GREENPARK ENDOWMENT | $2,791,076 |
| NET CHANGE FOR PALEY CENTER FOR MEDIA ENDOWMENT | $6,593,431 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| FILING FEES | $1,500 | ||
| GENERAL INSURANCE | $2,040 | $2,040 | |
| PAYROLL PROCESSING FEES | $600 | $600 | |
| Rental Expenses | $577,545 | $577,545 | |
| SUPPLIES | $4,006 | $6,371 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income | Desc |
| Revenue And Expenses Per Books | $7,796 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $7,796 | NetInvestmentIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| SECURITY DEPOSITS | $47,972 | $47,942 |
| SEE STATEMENT #19 | $81,452,968 | $90,837,475 |
| DEFERRED EXCISE TAX | $508,489 | $539,852 |
| EXCISE TAX | $17,349 | $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 | $18,281 | $0 | $0 | $30,000 |
| ADVISORY & CUSTODY FEES | $1,284,103 | $1,284,103 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAXES | $204,492 | ||
| FOREIGN TAXES | $48,782 | $48,782 | |
| PAYROLL TAXES | $8,141 | $4,070 | $4,070 |