2020-04-30T15:13:14-05:00 2019-12-31 Foundation Source One Hollow Ln Ste 212 Lake Success NY 11042 990PF 2019-01-01 203367664 The Timothy and Susanne Sullivan Family Foundation % Foundation Source TIMO 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 TIMOTHY SULLIVAN vice president 8008391754 2020-04-09 true Jeffrey D Haskell P01345770 8008391754 68.194.129.137 06391520201215000009 2020-04-30 P BC971FC33BAF52379132A0473611089A0DAEC697 D2746C13DFDED97F2954BEA0DC7B7E2EDF81EBF0 2019 2020-11-06 18:47:13Z X 1204171 X 0 X 13454 13454 7930 7930 0 21384 21384 0 19283 10417 10417 29700 0 10417 802500 802500 832200 0 812917 -810816 21384 1517732 756916 756916 225456 225456 447255 1743188 982372 1204171 0 0 X 1743188 982372 1743188 982372 1743188 982372 1743188 -810816 50000 982372 982372 false 138946 995821 0.139529 11327 917950 0.012339 166508 613297 0.271497 1107434 1484657 0.745919 736527 1729613 0.425833 1.595117 0.319023 1366799 436040 214 436254 812917 X 214 214 214 500 500 286 286 false false false false false false true true true DE true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Susanne Sullivan Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, VP 1.0 0 0 0 Timothy P Sullivan Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres, Dir, Sec 1.0 0 0 0 416788 970825 0 1387613 0 1387613 20814 1366799 68340 68340 214 214 68126 50000 118126 118126 812917 0 0 0 0 812917 214 812703 118126 2017 2016 2015 664281 1041053 136070 108211 1949615 812917 118126 694791 2644406 0 664281 1980125 1041053 136070 108211 694791 Susanne Sullivan Timothy P Sullivan X BIG SHOULDERS FUND 212 W VAN BUREN ST STE 900 CHICAGO IL 60607 N/A PC 2019 Sullivan Fellows Program 200000 BROWN UNIVERSITY OF PROVIDENCE CAMPUS BOX 1911 164 ANGELL ST PROVIDENCE RI 02912 N/A PC Endowed Men's Head Coach Basketball Chair FUND and the Pizzatola Athletic Center Modernization Project 412500 NEIGHBORHOOD HEALTH CLINIC INC 121 GOODLETTE RD N NAPLES FL 34102 N/A PC Charitable Event 10000 STANFORD UNIVERSITY GRADUATE SCHOOL OF BUSINESS 655 KNIGHT WAY STANFORD CA 94305 N/A PC FOR Yellow Ribbon Program, Dean's Annual Fund, Dean's Ignite Fund and OMAC PROGRAM 130000 UNIVERSITY OF CHICAGO 5235 S HARPER COURT CHICAGO IL 60615 N/A PC DR. RUBIN ON CROHN'S DISEASE RESEARCH 50000 802500 14 13454 14 7930 21384 21384 false false false false false false false false false false ISHARES S&P MIDCAP 400 BARRA V 45252 101755 ISHARES S&P MIDCAP 400 GROWTH 47059 145248 ISHARES TRUST MSCI EAFE INDEX 85179 86314 SPDR S&P 500 ETF TRUST 47966 113938 As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2019, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $802,500. This amount represents 25% or more of the Foundation's net assets of $1,878,368 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2019. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 10392 10392 State or Local Filing Fees 25 25 RETURNED GRANT 50000 990-PF Estimated Tax for 2019 500 990-PF Excise Tax for 2018 18783