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CONSTANCE GOULANDRIS FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
CONSTANCE GOULANDRIS FOUNDATION INC (EIN 32-0367583)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-08-21
IRS object ID
202542339349100909
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-08-21T13:11:32-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13333 New Hyde Park Rd Ste 406AddressLine1Txt
CityNew Hyde ParkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN320367583EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Constance Goulandris Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlCONSBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBasil GoulandrisPersonNm
Person TitleVice PresidentPersonTitleTxt
Phone8008391754PhoneNum
Signature2025-08-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$13,325,049FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

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$1,380InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,380InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$390,791DividendsRevAndExpnssAmt
Dividends Net Invst Incm$390,791DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$470,205NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$6,887,318GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$470,205CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$862,376TotalRevAndExpnssAmt
Total Net Invst Incm$862,376TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss$11,279LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$11,279LegalFeesDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$78,102OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$78,102OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$8,651TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$39,131OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$39,131OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$137,163TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$78,102TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$50,410TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$550,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$550,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$687,163TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$78,102TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$600,410TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$175,213ExcessRevenueOverExpensesAmt
Net Investment Income$784,274NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$104,312SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$69,167SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$69,167SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$10,138,886CorporateStockBOYAmt
Corporate Stock EOY$10,451,053CorporateStockEOYAmt
Corporate Stock EOYFMV$11,243,078CorporateStockEOYFMVAmt
Corporate Bonds BOY$101,809CorporateBondsBOYAmt
Other Investments BOY$1,750,050OtherInvestmentsBOYAmt
Other Investments EOY$1,750,050OtherInvestmentsEOYAmt
Other Investments EOYFMV$2,012,804OtherInvestmentsEOYFMVAmt
Total Assets BOY$12,095,057TotalAssetsBOYAmt
Total Assets EOY$12,270,270TotalAssetsEOYAmt
Total Assets EOYFMV$13,325,049TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$12,095,057RetainedEarningBOYAmt
Retained Earning EOY$12,270,270RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$12,095,057TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$12,270,270TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$12,095,057TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$12,270,270TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$12,095,057TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$175,213ExcessRevenueOverExpensesAmt
Subtotal$12,270,270SubtotalAmt
Tot Net Ast Or Fund Balances EOY$12,270,270TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$6,887,318GrossSalesPriceAmt
Cost Or Other Basis$6,417,113CostOrOtherBasisAmt
Gain Or Loss$470,205GainOrLossAmt
Gains Minus Excess Or Losses$470,205GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$470,205CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$10,901InvestmentIncomeExciseTaxAmt
Subtotal$10,901SubtotalAmt
Tax Based On Investment Income$10,901TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$23,100EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$23,100TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$12,199OverpaymentAmt
Applied To ES Tax$12,199AppliedToESTaxAmt

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 StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
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 PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Chryssi Goulandris Benitz
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, VP1.0$0$0$0
Basil Goulandris
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, VP1.0$0$0$0

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PershingBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE PERSHING PLAZAAddressLine1Txt
CityJERSEY CITYCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07399ZIPCd
FieldValueIRS element (for citing)
Service TypeInvestment MgmtServiceTypeTxt
Compensation$78,102CompensationAmt
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$11,016,275AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$122,529AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$2,012,804FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$13,151,608TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$13,151,608AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$197,274CashDeemedCharitableAmt
Net Vl Noncharitable Assets$12,954,334NetVlNoncharitableAssetsAmt
Minimum Investment Return$647,717MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$647,717MinimumInvestmentReturnAmt
Tax Based On Investment Income$10,901TaxBasedOnInvestmentIncomeAmt
Total Tax$10,901TotalTaxAmt
Distributable Before Adj$636,816DistributableBeforeAdjAmt
Distributable Before Ded$636,816DistributableBeforeDedAmt
Distributable As Adjusted$636,816DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$600,410ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$600,410QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$636,816DistributableAsAdjustedAmt
Undistributed Income PY$585,787UndistributedIncomePYAmt
Qualifying Distributions$600,410QualifyingDistributionsAmt
Applied To Year1$585,787AppliedToYear1Amt
Applied To Current Year$14,623AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Total Corpus$0TotalCorpusAmt
Undistributed Income CY$622,193UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt
Excess From Current Year$0ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
LYFORD CAY FOUNDATION INC
31 BROOKSIDE DRGREENWICHCT06830N/APCGeneral & Unrestricted$350,000
LYFORD CAY SCHOOL FOUNDATION
PO BOX 5910PRINCETONNJ08543N/APCGeneral & Unrestricted$200,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$550,000TotalGrantOrContriPdDurYrAmt

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$1,380ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$390,791ExclusionAmt
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 IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$470,205ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$862,376ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$862,376TotalIncomeProducingActyAmt

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

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (10 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ISHARE DJ INTL SEL DIV INDEX$317,631$313,583
ISHARES 0-3 MONTH TREASURY$2,101,582$2,104,613
ISHARES CORE MSCI EAFE ETF$240,146$255,327
ISHARES IBONDS DEC 2025 TERM C$175,034$175,175
ISHARES TR DJ SEL DIVIDEND INX$189,463$209,670
OPPENHEIMER RUSSELL 1000 DYNAM$841,686$921,964
SPDR S TR/S&P 500 HIGH DIVID E$743,524$834,273
VANGUARD GROWTH ETF$1,330,591$1,837,950
VANGUARD LG-CAP ETF$1,018,772$1,190,186
VANGUARD TOTAL BOND MARKET ETF$3,492,624$3,400,337

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtBook ValueBookValueAmtEOYFMVEOYFMVAmt
AMG PANTHEON FUND CL 3 - 4381$1,000,025$1,243,554
MONROE CAPITAL INCOME PLUS COR$750,025$769,250

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryGeneral ConsultationsCategoryTxt
Legal Fees$11,279LegalFeesAmt
Disbursements Charitable Prps$11,279DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$39,106$39,106
State or Local Filing Fees$25$25

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$78,102Amt
Net Investment Income$78,102NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
990-PF Estimated Tax for 2024$3,500
IRS Miscellaneous Fee Expense$5,151

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