BETA

VITAL PROJECTS FUND INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
VITAL PROJECTS FUND INC (EIN 13-3711340)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-07-22
IRS object ID
202142039349100314
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-07-22T14:04:09-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ERNST & YOUNG US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15 TIMES SQUAREAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133711340EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VITAL PROJECTS FUND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% MCDERMOTT WILL & EMERY LLPInCareOfNm
Business Name ControlVITABusinessNameControlTxt
Phone2127733000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ROBERT MENSCHEL375 PARK AVE 1602AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10152ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT MENSCHELPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone2127733000PhoneNum
Signature2021-07-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstROBERTPersonFirstNm
Person LastMENSCHELPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOSEPH BULGERPreparerPersonNm
PTINP01366942PTIN
Phone2127733000PhoneNum
Preparation2021-05-25PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$357,141,423FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$8,768InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$8,768InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$7,423,590DividendsRevAndExpnssAmt
Dividends Net Invst Incm$7,423,590DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$3,263,197NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$3,264,464GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$3,264,464CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$16OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$478OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$10,695,571TotalRevAndExpnssAmt
Total Net Invst Incm$10,697,300TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$215,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$107,500CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$107,500CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$378,677OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$189,339OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$189,338OthEmplSlrsWgsDsbrsChrtblAmt
Legal Fees Rev And Expnss$5,000LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$5,000LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$51,930AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$25,963AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$25,962AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$110,000TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$1,007,960OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$481,133OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$525,369OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,768,567TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$803,935TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$853,169TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$17,591,635ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$16,600,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$19,360,202TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$803,935TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$17,453,169TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$8,664,631ExcessRevenueOverExpensesAmt
Net Investment Income$9,893,365NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$0CashBOYAmt
Sav And Temp Cash Invst BOY$325,848SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$7,437,573SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$7,437,573SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$56,261,829USGovernmentObligationsBOYAmt
US Government Obligations EOY$37,005,092USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$37,005,092USGovtObligationsEOYFMVAmt
Corporate Stock BOY$269,982,443CorporateStockBOYAmt
Corporate Stock EOY$293,469,496CorporateStockEOYAmt
Corporate Stock EOYFMV$293,469,496CorporateStockEOYFMVAmt
Other Assets BOY$13,454,702OtherAssetsBOYAmt
Other Assets EOY$19,229,262OtherAssetsEOYAmt
Other Assets EOYFMV$19,229,262OtherAssetsEOYFMVAmt
Total Assets BOY$340,024,822TotalAssetsBOYAmt
Total Assets EOY$357,141,423TotalAssetsEOYAmt
Total Assets EOYFMV$357,141,423TotalAssetsEOYFMVAmt
Grants Payable BOY$3,350,000GrantsPayableBOYAmt
Grants Payable EOY$4,341,635GrantsPayableEOYAmt
Other Liabilities BOY$4,468,079OtherLiabilitiesBOYAmt
Other Liabilities EOY$3,527,109OtherLiabilitiesEOYAmt
Total Liabilities BOY$7,818,079TotalLiabilitiesBOYAmt
Total Liabilities EOY$7,868,744TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$332,206,743RetainedEarningBOYAmt
Retained Earning EOY$349,272,679RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$332,206,743TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$349,272,679TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$340,024,822TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$357,141,423TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$332,206,743TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$8,664,631ExcessRevenueOverExpensesAmt
Other Increases$25,730,567OtherIncreasesAmt
Subtotal$349,272,679SubtotalAmt
Tot Net Ast Or Fund Balances EOY$349,272,679TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescGross Sales PriceGrossSalesPriceAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
LTCG(L) ON PARTIAL DISP. OF ETON PARK$1,607$1,607$1,607
STCG(L) THRU K-1'S$1,255,136$1,255,136$1,255,136
LTCG(L) THRU K-1'S$2,007,721$2,007,721$2,007,721
FieldValueIRS element (for citing)
Capital Gain Net Income$3,264,464CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$137,518InvestmentIncomeExciseTaxAmt
Subtotal$137,518SubtotalAmt
Tax Based On Investment Income$137,518TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$122,042EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$145,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$267,042TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$67EsPenaltyAmt
Overpayment$129,457OverpaymentAmt
Applied To ES Tax$129,457AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundYes (true)DonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1MCDERMOTT WILL & EMERY LLPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2125475400PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1340 MADISON AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP101731922ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (true)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ROBERT B MENSCHEL
375 PARK AVENUESUITE 1602NEW YORKNY10152CHAIRMAN/TREASURER/DIRECTOR0$0$0$0
RICHARD L MENSCHEL
375 PARK AVENUESUITE 1602NEW YORKNY10152DIRECTOR0$0$0$0
DAVID F MENSCHEL
375 PARK AVENUESUITE 1602NEW YORKNY10152PRESIDENT/DIRECTOR0$100,000$0$0
LAUREN E MENSCHEL
375 PARK AVENUESUITE 1602NEW YORKNY10152SECRETARY/DIRECTOR0$0$0$0
RONAY MENSCHEL
375 PARK AVENUESUITE 1602NEW YORKNY10152DIRECTOR0$0$0$0
MARIANNE SAMMARCO
375 PARK AVENUESUITE 1602NEW YORKNY10152ASSISTANT SECRETARY0$75,000$0$0
JAY RIVLIN
340 MADISON AVENUENEW YORKNY10173DIRECTOR0$40,000$0$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee BenefitsEmployeeBenefitsAmt
NANCY ERTAG-BRAND
130 EAST 18TH STREETNEW YORKNY10003FULL TIME *0$260,100$32,083
SOPHIE CULL
3016 DUMAINE STREETNEW ORLEANSLA70119FULL TIME0$118,577$8,938

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPTDescription1Txt
Expenses1$0Expenses1Amt
Description2UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).Description2Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Description2N/ADescription2Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$310,697,128AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$7,472,571AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$14,852,977FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$333,022,676TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$333,022,676AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,995,340CashDeemedCharitableAmt
Net Vl Noncharitable Assets$328,027,336NetVlNoncharitableAssetsAmt
Minimum Investment Return$16,401,367MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$16,401,367MinimumInvestmentReturnAmt
Tax Based On Investment Income$137,518TaxBasedOnInvestmentIncomeAmt
Total Tax$137,518TotalTaxAmt
Distributable Before Adj$16,263,849DistributableBeforeAdjAmt
Distributable Before Ded$16,263,849DistributableBeforeDedAmt
Distributable As Adjusted$16,263,849DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$17,453,169ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$17,453,169QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$17,453,169AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$16,263,849DistributableAsAdjustedAmt
Undistributed Income PY$12,460,648UndistributedIncomePYAmt
Prior Year12018PriorYear1Yr
Prior Year22017PriorYear2Yr
Prior Year32016PriorYear3Yr
Excess Distribution Cyov Yr4$0ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$0ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$0ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$0ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$17,453,169QualifyingDistributionsAmt
Applied To Year1$12,460,648AppliedToYear1Amt
Applied To Current Year$4,992,521AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Undistributed Income CY$11,271,328UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt
Excess From Year3$0ExcessFromYear3Amt
Excess From Year2$0ExcessFromYear2Amt
Excess From Year1$0ExcessFromYear1Amt
Excess From Current Year$0ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE SCHEDULE ATTACHEDBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1SEE SCHEDULE ATTACHEDAddressLine1Txt
Address Line2SEE SCHEDULE ATTACHEDAddressLine2Txt
CitySEE SCHEDULE ATTACHEDCityNm
State AbbreviationNYStateAbbreviationCd
ZIP00000ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipN/ARecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeGENERAL SUPPORT - SEE ATTACHEDGrantOrContributionPurposeTxt
Amt$16,600,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$16,600,000TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE SCHEDULE ATTACHEDBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1SEE SCHEDULE ATTACHEDAddressLine1Txt
Address Line2SEE SCHEDULE ATTACHEDAddressLine2Txt
CitySEE SCHEDULE ATTACHEDCityNm
State AbbreviationNYStateAbbreviationCd
ZIP00000ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipN/ARecipientRelationshipTxt
Grant Or Contribution PurposeGENERAL USEGrantOrContributionPurposeTxt
Amt$4,341,635Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Apprv Fut$4,341,635TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$8,768ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$7,423,590ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Business523000BusinessCd
Exclusion18ExclusionCd
Exclusion$3,263,197ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp (5 entries)

DescDescBusinessBusinessCdUnrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmtExclusionExclusionCdExclusionExclusionAmt
ORD. INC. - K-1S523000-$462
REAL ESTATE INCOME - K-1S01-$7
OTHER INC. - K-1S01$530
SEC 988 LOSS - K-1S01-$45
SUBPART F (OTHER THAN 951A AND 965) THRU K-101

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm-$462UnrelatedBusinessTaxblIncmAmt
Exclusion$10,696,033ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$10,695,571TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ERNST & YOUNG, LLP$29,800$14,900$14,900
CONDON, O'MEARA, MCGINTY$22,130$11,063$11,062

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Other Program Related Invst AllOtherProgramRelatedInvstGrp

FieldValueIRS element (for citing)
DescN/ADesc

Depreciation Schedule DepreciationSchedule

Employee Compensation Expln EmployeeCompensationExpln

Employee Comp Explanation EmployeeCompExplanationGrp

FieldValueIRS element (for citing)
EmployeeNANCY ERTAG-BRANDEmployeeNm
Explanation* NANCY ERTAG-BRAND'S COMPENSATION AND CONTRIBUTIONS TO EMPLOYEE BENEFIT PLANS ARE SHARED WITH CHARINA ENDOWMENT FUND, INC. (EIN: 13-3675545) ON A 50% BASIS.ExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockGOLDMAN SACHS ACCOUNTStockNm
EOY Book Value$293,469,496EOYBookValueAmt
EOYFMV$293,469,496EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$37,005,092USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$37,005,092USGovtObligationsEOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryMCDERMOTT, WILL, & EMERYCategoryTxt
Legal Fees$5,000LegalFeesAmt
Disbursements Charitable Prps$5,000DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (6 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ETON PARK OVERSEAS FUND LTD$1,988$404$404
LONE CASCADE, LP$12,980,521$18,743,593$18,743,593
WHITEHALL PARALLEL GL RE LP 01$8,793$8,256$8,256
DIVIDEND RECEIVABLE$411,192$437,098$437,098
DUE F/ CHARINA ENDOWMENT FUND$39,952$39,911$39,911
REDEMPTION RECEIVABLE$12,256$0$0

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (19 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
CABLE$1,172$1,172
INSURANCE$17,812$17,553$259
FIRE SERVICE$93$93
POSTAGE$511$511
RENT EXPENSE$411,189$308,392$102,797
SUPPLIES$2,086$2,086
TELEPHONE$6,671$6,671
CONSULTING EXPENSE$64,505$64,505
NYS FILING FEE$1,500$1,500
INFORMATION TECHNOLOGY$35,215$35,215
TRAVEL & ENTERTAINMENT$39,271$39,271
SUBSCRIPTIONS$915$915
MISCELLANEOUS OFFICE EXPENSE$397$397
PAYROLL TAXES AND OTHER PR EXP$247,377$123,688$123,689
SALARY REIMBURSEMENTS FROM CEF-$153,199-$76,600-$76,600
PORTFOLIO DEDUCTIONS THRU K-1S$294,633$294,633
FOREIGN TAX THRU GOLDMAN SACHS$36,355$36,355
FOREIGN TAX THRU K-1S$1,456
FOREIGN TAX THRU K-1-UBTI$1

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
OTHER INCOME FROM K-1'S$530$530
RENTAL REAL ESTATE INCOME FROM K-1'S-$7-$7
ORDINARY INCOME FROM K-1'S - UBTI-$462$0
SEC 988 GAIN/(LOSS) FROM K-1'S-$45-$45

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (3 entries)

DescDescAmtAmt
UNREALIZED APPRECIATION FROM INVESTMENTS$24,778,427
ADJUSTMENT FOR DEFERRED FEDERAL EXCISE$0
TAXES$952,140

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (8 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
DUE TO HORACE W. GOLDSMITH FDN$100,179$99,405
DEFERRED FEDERAL EXCISE TAXES$4,218,948$3,266,802
STATE TAXES PAYABLE$585$585
ACCRUED ACCOUNTING FEES$50,000$50,000
ACCOUNTS PAYABLE$23,496$34,984
DUE TO GOLDMAN SACHS$74,871$75,333
FEDERAL UBTI TAXES$7,500$0
NYS UBTI TAXES-$7,500$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXES PAID & DEFERREDCategoryTxt
Amt$110,000Amt

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