2019-08-07T15:58:58-05:00 2018-12-31 050255779 SANSIVERI KIMBALL & CO LLP 50 HOLDEN STREET PROVIDENCE RI 02908 990 2018-01-01 050275563 THE GEORGE A & ELIZA GARDNER HOWARD FOUNDATION GEOR 2000 CHAPEL VIEW BOULEVARD CRANSTON RI 02920 WILLIAM W KENYON CHAIRMAN 2019-07-10 1 SUSAN B WINDLECPA P00058941 4013310500 2019-07-10 X 24.249.212.226 2019-07-10 17:17:54 ED P 7C8005527F661F2BB614E75E008A13427C51FE11 00C596E035639E26C69D21792E66502C3EC1A04C 2018 2019-02-21 02:37:17Z WILLIAM W KENYON 2286936 0 X N/A X 1952 RI TO PROVIDE INCOME TO BROWN UNIVERSITY FOR GRANTS AS DIRECTED BY THE FOUNDATIONS BOARD OF ADMINISTRATION 5 4 0 0 1395 0 0 0 0 0 776733 441832 2786 1395 779519 443227 325000 325000 0 0 47250 47250 0 0 0 81553 84939 453803 457189 325716 -13962 10518525 11006042 23845 1560 10494680 11004482 TO PROVIDE INCOME TO BROWN UNIVERSITY FOR GRANTS AS DIRECTED BY THE FOUNDATIONS BOARD OF ADMINISTRATION 0 0 325000 325000 DISTRIBUTION OF INCOME FUNDS TO BROWN UNIVERSITY FOR GRANTS AS DIRECTED BY THE FOUNDATIONS BOARD OF ADMINISTRATION. 325000 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X 5 4 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 X WILLIAM W KENYON 4019449200 2000 CHAPEL VIEW BOULEVARD CRANSTON RI 02920 WILLIAM W KENYON CHAIRMAN 12.00 X X 35250 0 0 WALTER G KENYON TRUSTEE 2.00 X 0 0 0 ARTHUR H PARKER TRUSTEE 2.00 X 0 0 0 JANE G GURZENDA TRUSTEE 2.00 X X 0 0 0 KAREN BINDER TRUSTEE 2.00 X 0 0 0 35250 0 0 0 0 0 0 0 486155 486155 1799386 1843709 -44323 -44323 -44323 FROM K-1 900099 1395 1395 1395 443227 441832 1395 0 325000 325000 47250 47250 4170 4170 59363 59363 2023 2023 700 700 2193 2193 FOREIGN TAXES ON DIVIDE 10345 10345 OUTSIDE SERVICES 5745 5745 TAXES 400 400 457189 325000 132189 0 X 8530 18444 448639 539483 22649 21957 10038707 10426158 10518525 11006042 23845 1560 23845 1560 X 479818 579884 10014862 10424598 10494680 11004482 10518525 11006042 X -13962 -1524946 2048710 X 1 X 0 0 0 X X 1 BROWN UNIVERSITY 050258809 2 1 325000 0 1 325000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 10038707 943149 487550 69708 10424598 9712437 779519 325000 128249 10038707 9501803 657981 350000 97347 9712437 9302429 672101 360000 112727 9501803 8774267 1023687 325000 170525 9302429 1.00000 0 0 0 LIABILITY FOR OPTIONS 1560 1560 PART V, LINE 4: TO PROVIDE INCOME TO SUPPORT THE ACTIVITIES OF THE FOUNDATION. SCHDULE D PART V LINE C SUMMARY OF ADJUSTMENTS INCLUDED ON SCHEDULE D PART V LINE C (SEE EXPLANATION OF ADJUSTMENTS ON NEXT PAGE): FAIR MARKET VALUE ADJUSTMENT 2,048,710 OPTIONS ADJUSTMENT (23,845) ROUNDING 3 NET ADJUSTMENT 2,024,868 FAIR MARKET VALUE ADJUSTMENT: THE ORGANIZATION HAS, PRIOR TO 2018, REPORTED THE ENDOWMENT FUND ON A HISTORICAL COST BASIS. THIS HAS BEEN RESTATED DURING 2018 TO REPORT THE ENDOWMENT FUND ON A FAIR MARKET VALUE BASIS WHICH IS THE SAME METHOD USED ON THE ORGANIZATION'S REVIEWED FINANCIAL STATEMENTS. OPTIONS ADJUSTMENT: THE ORGANIZATION HAS, PRIOR TO 2018, EXCLUDED THE LIABILITY FOR OPTIONS FROM THE ENDOWMENT FUND BALANCE REPORTED ON SCHEDULE D PART V. THESE OPTIONS ARE INCLUDED IN PERMANENTLY RESTRICTED NET ASSETS AND AS SUCH, SHOULD BE INCLUDED IN THE ENDOWMENT FUND BALANCE. THE POSITIVE, NET ADJUSTMENT OF 2,024,868, HAS BEEN INCLUDED NET INVESTMENT EARNINGS, GAINS AND LOSSES FOR 2018. 1 BROWN UNIVERSITY 244 THAYER STREET PROVIDENCE RI 02912 050258809 501C3 325000 TO PROVIDE INCOME FOR GRANTS FORM 990, PART VI, SECTION A, LINE 2 WALTER G KENYON-FAMILY RELATIONSHIP WILLIAM W KENYON-FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION HAS NO COMMITTEES FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED BY THE BOARD. THE CHAIRMAN OF THE BOARD REVIEWS AND APPROVES THE FROM 990. FORM 990, PART VI, SECTION C, LINE 19 PROVIDE COPIES UPON REQUEST FORM 990, PART XI, LINE 9: RESTATE OPENING BALANCE SHEET FROM COST BASIS TO FAIR MARKET VALUE 2,048,710. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS THE ORGANIZATION HAS, PRIOR TO 2018, REPORTED THE BALANCE SHEET ON A HISTORICAL COST BASIS. FOR 2018, THE ENDING BALANCE SHEET HAS BEEN REPORTED ON A FAIR MARKET VALUE BASIS WHICH IS THE SAME METHOD USED ON THE ORGANIZATION'S REVIEWED FINANCIAL STATEMENTS. THIS POSITIVE ADJUSTMENT OF 2,048,710 REPRESENTS THE DIFFERENCE BETWEEN NET ASSETS REPORTED ON THE FAIR MARKET VALUE BASIS AND NET ASSETS REPORTED ON THE HISTORICAL COST BASIS AS OF THE BEGINNING OF THE TAX YEAR.