CONDUIT FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: CONDUIT FOUNDATION (EIN 04-3684566)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-11-15
IRS object ID: 201843199349104164
Schema version: 2017v2.3
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
Schedule B
Accounting Fees Schedule
General Explanation Attachment
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-11-15T15:10:32-06:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	271728945	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PKF O'CONNOR DAVIES LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	665 FIFTH AVENUE	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10022	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	043684566	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CONDUIT FOUNDATION	BusinessNameLine1Txt
Business Name Line2	C/O WM DOYLE JR WINSTON & STRAWN LLP	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	COND	BusinessNameControlTxt
Phone	3125585600	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	35 W WACKER DRIVE	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	606019703	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DAVID A MESSER	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Phone	3125585600	PhoneNum
Signature	2018-11-14	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	EMMANUEL T CHIRICO	PreparerPersonNm
PTIN	P00891698	PTIN
Phone	2122862600	PhoneNum
Preparation	2018-11-14	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	4.15.211.182	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2018-11-14	IPDt
IP Tm	10:08:20	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	0CD84155715B420B3CA643B5B94A5DE534683C6B	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$3,653,659	FMVAssetsEOYAmt
Method Of Accounting Other	Yes (X)	MethodOfAccountingOtherInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$399,193	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$2,117	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$2,117	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$9,655	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$9,655	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$169,800	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,118,067	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$209,216	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$9,066	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$9,012	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$589,831	TotalRevAndExpnssAmt
Total Net Invst Incm	$230,000	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$7,091	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$7,091	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$16,950	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$16,950	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$62,191	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$26,171	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$36,020	OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss	$130	InterestRevAndExpnssAmt
Interest Net Invst Incm	$130	InterestNetInvstIncmAmt
Interest Dsbrs Chrtbl	$0	InterestDsbrsChrtblAmt
Taxes Rev And Expnss	$323	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$323	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$14,693	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$3,172	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$11,521	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$101,378	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$29,796	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$71,582	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$2,816,500	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$2,816,500	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$2,917,878	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$29,796	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$2,888,082	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$2,328,047	ExcessRevenueOverExpensesAmt
Net Investment Income	$200,204	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$758,795	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$16,735	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$16,735	SavAndTempCashInvstEOYFMVAmt
Other Investments BOY	$1,524,936	OtherInvestmentsBOYAmt
Other Investments EOY	$38,769	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$38,769	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$3,780,433	OtherAssetsBOYAmt
Other Assets EOY	$3,598,155	OtherAssetsEOYAmt
Other Assets EOYFMV	$3,598,155	OtherAssetsEOYFMVAmt
Total Assets BOY	$6,064,164	TotalAssetsBOYAmt
Total Assets EOY	$3,653,659	TotalAssetsEOYAmt
Total Assets EOYFMV	$3,653,659	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$6,064,164	UnrestrictedBOYAmt
Unrestricted EOY	$3,653,659	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$6,064,164	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$3,653,659	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$6,064,164	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$3,653,659	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$6,064,164	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$2,328,047	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$3,736,117	SubtotalAmt
Other Decreases	$82,458	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$3,653,659	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (16 entries)

PropertyPropertyDesc	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	AcquiredAcquiredDt	How AcquiredHowAcquiredCd
1,631.761 SHS FIDELITY INTER TREAS BD INDEX PREM	2017-06-15	$17,721	$17,572	$149	$149
18,518.519 SHS FIDELITY INTER TREAS BD INDEX PREM	2017-04-20	$200,000	$199,411	$589	$589	2014-04-30
44,704.658 SHS FIDELITY INTER TREAS BD INDEX PREM	2017-06-15	$485,493	$481,399	$4,094	$4,094
2,263 SHS RYDEX ETF TRUST GUGGENHEIM S&P 500 EQUAL	2017-10-02	$216,194	$176,384	$39,810	$39,810	2014-09-18
GP LOW VOLATILITY HEDEGED STRATEGIES OFFSHORE LP		$21,147		$21,147	$21,147		P
GP OPPORTUNISTIC GROWTH STRATEGIES OFFSHORE LP		$47,462		$47,462	$47,462		P
GP GLOBAL EQUITY STRATEGIES LP			$34,085	-$34,085	-$34,085		P
GP EMERGING MARKETS STRATEGIES LP		$36,435		$36,435	$36,435		P
GP GLOBAL EQUITY STRATEGIES LP K-1		$26,601		$26,601	$26,601		P
GP GLOBAL EQUITY STRATEGIES LP K-1		$43,372		$43,372	$43,372		P
GP EMERGING MARKETS STRATEGIES LP K-1		$9,160		$9,160	$9,160		P
GP EMERGING MARKETS STRATEGIES LP K-1		$8,515		$8,515	$8,515		P
GP GLOBAL EQUITY STRATEGIES LP K-1		$1,314		$1,314	$1,314		P
GP GLOBAL EQUITY STRATEGIES LP K-1		$4,317		$4,317	$4,317		P
GP GLOBAL EQUITY STRATEGIES LP K-1		$292		$292	$292		P
GP EMERGING MARKETS STRATEGIES LP K-1		$44		$44	$44		P

Field	Value	IRS element (for citing)
Capital Gain Net Income	$209,216	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$2,898,321	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$3,401,494	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.852073	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$2,141,387	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$6,405,715	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.334293	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$2,695,824	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$7,943,182	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.339388	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$6,654,428	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$4,577,474	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	1.453734	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$2,557,588	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$8,753,391	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.292183	DistributionYr5Rt
Total Distribution	3.271671	TotalDistributionRt
Average Distribution	0.654334	AverageDistributionRt
Net Vl Noncharitable Assets	$1,223,140	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$800,342	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$2,002	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$802,344	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$2,888,082	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$2,002	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$2,002	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$2,002	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$7,819	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$7,819	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$5,817	OverpaymentAmt
Applied To ES Tax	$5,817	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	IL	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	Yes (1)	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	WILLIAM M DOYLE JR	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3125585600	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	35 WEST WACKER DRIVE 38TH FL	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60601	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	Yes (1)	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	Yes (1)	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
WILLIAM M DOYLE JR
35 W WACKER DRIVE 38TH FL	CHICAGO	IL	60601	V.P, SEC. & TREAS.	1.00	$0	$0	$0
DAVID A MESSER
1 ZACCHEUS MEAD LANE	GREENWICH	CT	06831	PRESIDENT	1.00	$0	$0	$0
DAVID B BRAINSON
2 ELIZABETH ROAD	NEW ROCHELLE	NY	10804	EXECUTIVE DIRECTOR	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$729,577	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$512,190	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$1,241,767	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$1,241,767	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$18,627	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$1,223,140	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$61,157	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$61,157	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$2,002	TaxBasedOnInvestmentIncomeAmt
Income Tax	$678	IncomeTaxAmt
Total Tax	$2,680	TotalTaxAmt
Distributable Before Adj	$58,477	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$58,477	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$58,477	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$2,888,082	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$2,888,082	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$2,002	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$2,886,080	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$58,477	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$2,127,490	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$6,431,458	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2	$1,826,848	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$2,730,596	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$13,116,392	TotalExcessDistributionCyovAmt
Qualifying Distributions	$2,888,082	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$58,477	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$2,829,605	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$15,945,997	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$2,127,490	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$13,818,507	ExcessDistriCyovToNextYrAmt
Excess From Year4	$6,431,458	ExcessFromYear4Amt
Excess From Year2	$1,826,848	ExcessFromYear2Amt
Excess From Year1	$2,730,596	ExcessFromYear1Amt
Excess From Current Year	$2,829,605	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	DAVID A MESSER	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
AMERICAN COMMITTEE FOR SHAARE ZEDEK MEDICAL CENTER IN JERUSALEM
55 W 39TH ST	NEW YORK	NY	10018	N/A	PC	GENERAL PURPOSES	$36,000
AMERICAN FRIENDS OF HERTZOG
1 ROCKEFELLER PLAZA RRROM 1430	NEW YORK	NY	10020	N/A	PC	GENERAL PURPOSES	$50,000
AMERICAN ISRAEL EDUCATION FOUNDATION
251 H ST NW	WASHINGTON DC	DC	200012604	N/A	PC	GENERAL PURPOSES	$100,000
CARMEL ACADEMY
270 LAKE AVE	GREENWICH	CT	06830	N/A	PC	GENERAL PURPOSES	$375,500
CENTRAL FUND OF ISRAEL
980 AVENUE OF THE AMERICAS STE 3RD	NEW YORK	NY	100185443	N/A	PC	GENERAL PURPOSES	$160,000	FLOOR
CHABAD LUBAVITCH OF GREENWICH
75 MASON STREET	GREENWICH	CT	06830	N/A	PC	GENERAL PURPOSES	$180,000
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
200 SEAPORT BLVD MZ Z3B	BOSTON	MA	02210	N/A	PC	GENERAL PURPOSES	$290,000
ISRAEL EMERGENCY ALLIANCE
3710 ROBERSTON BOULEVARD	CULVER CITY	CA	90232	N/A	PC	GENERAL PURPOSES	$100,000
JEWISH HIGH SCHOOL OF CT
1937 W MAIN ST	STAMFORD	CT	06902	N/A	PC	GENERAL PURPOSES	$25,000
LOUIS D BRANDEIS CENTER INC
1717 PENNSYLVANIA AVE NW SUITE 1025	WASHINGTON DC	DC	20006	N/A	PC	GENERAL PURPOSES	$10,000
MANHATTAN JEWISH EXPERIENCE
131 W 86TH STREET	NEW YORK	NY	10024	N/A	PC	GENERAL PURPOSES	$100,000
PEF ISRAEL ENDOWMENT FUNDS
630 3RD AVENUE ROOM 1501	NEW YORK	NY	10017	N/A	PC	GENERAL PURPOSES	$480,000
THE AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE
711 THIRD AVE	NEW YORK	NY	10017	N/A	PC	GENERAL PURPOSES	$250,000
THE JEWISH NATIONAL FUND
42 EAST 69TH ST	NEW YORK	NY	100215016	N/A	PC	GENERAL PURPOSES	$250,000
UJA FEDERATION GREENWICH
1 HOLLY HILL LN	GREENWICH	CT	06830	N/A	PC	GENERAL PURPOSES	$100,000
WESTCHESTER HEBREW HIGH SCHOOL
856 ORIENTA AVE	MAMARONECK	NY	10543	N/A	PC	GENERAL PURPOSES	$310,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$2,816,500	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$2,117	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$9,655	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Business	525990	BusinessCd
Unrelated Business Taxbl Incm	$54	UnrelatedBusinessTaxblIncmAmt
Exclusion	14	ExclusionCd
Exclusion	$9,012	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Business	525990	BusinessCd
Unrelated Business Taxbl Incm	$5,967	UnrelatedBusinessTaxblIncmAmt
Exclusion	18	ExclusionCd
Exclusion	$163,833	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$6,021	UnrelatedBusinessTaxblIncmAmt
Exclusion	$184,617	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$190,638	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (4 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd	Noncash ContributionNoncashContributionInd
DAVID A MESSER
1	1 ZACCHES MEAD LANE	GREENWICH	CT	06831	$20,584	Yes (X)
DAVID A MESSER
2	1 ZACCHES MEAD LANE	GREENWICH	CT	06831	$123,885		Yes (X)
DAVID A MESSER
3	1 ZACCHES MEAD LANE	GREENWICH	CT	06831	$38,924		Yes (X)
DAVID A MESSER
4	1 ZACCHES MEAD LANE	GREENWICH	CT	06831	$215,800		Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)

ContributorContributorNum	Noncash PropertyNoncashPropertyDesc	Fair Market ValueFairMarketValueAmt
2	1,969 BOTTLE - KOSHER WINE COLLECTION	$123,885
3	936 SHARES JD COM	$38,924
4	2,263 SHARES RYDEX EFT TRUST GUGGENHEIM S&P 500 EQUAL WEIGHT ETF	$215,800

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	PKF O'CONNOR DAVIES	CategoryTxt
Amt	$16,950	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$16,950	DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	Medium ExplanationMediumExplanationTxt
FORM 990-PF, PAGE 5, PART VII-A, LINE 12	DISTRIBUTIONS TO A DONOR ADVISED FUNDTHE FOUNDATION TREATED ALL DISTRIBUTIONS TO A DONOR ADVISED FUND AT THE FIDELITY CHARITABLE GIFT FUND (THE "GIFT FUND") AS QUALIFYING DISTRIBUTIONS BECAUSE THE IRS HAS CLASSIFIED THE GIFT FUND AS A PUBLIC CHARITY. THE FOUNDATION HAS MADE AND WILL, FROM TIME TO TIME, CONTINUE TO MAKE REQUESTS TO THE GIFT FUND TO MAKE DISTRIBUTIONS FROM THE DONOR ADVISED FUND IN FURTHERANCE OF THE FOUNDATION'S CHARITABLE PURPOSES, WHICH ARE DESCRIBED IN CODE SECTION 170(C)(2)(B).
FORM 990-PF PART VII-B STATEMENTS REGARDING ACTIVITIES	LINE 1A(4) PAY COMPENSATION TO A DISQUALIFIED PERSONPAYMENTS OF $36,020 WERE MADE DURING THE YEAR TO THE BRAINSON GROUP INC. THE EXECUTIVE DIRECTOR, DAVID BRAINSON IS THE OWNER OF THIS ENTITY.

Form And Line ReferenceFormAndLineReferenceDesc

Medium ExplanationMediumExplanationTxt

FORM 990-PF, PAGE 5, PART VII-A, LINE 12

DISTRIBUTIONS TO A DONOR ADVISED FUNDTHE FOUNDATION TREATED ALL DISTRIBUTIONS TO A DONOR ADVISED FUND AT THE FIDELITY CHARITABLE GIFT FUND (THE "GIFT FUND") AS QUALIFYING DISTRIBUTIONS BECAUSE THE IRS HAS CLASSIFIED THE GIFT FUND AS A PUBLIC CHARITY. THE FOUNDATION HAS MADE AND WILL, FROM TIME TO TIME, CONTINUE TO MAKE REQUESTS TO THE GIFT FUND TO MAKE DISTRIBUTIONS FROM THE DONOR ADVISED FUND IN FURTHERANCE OF THE FOUNDATION'S CHARITABLE PURPOSES, WHICH ARE DESCRIBED IN CODE SECTION 170(C)(2)(B).

FORM 990-PF PART VII-B STATEMENTS REGARDING ACTIVITIES

LINE 1A(4) PAY COMPENSATION TO A DISQUALIFIED PERSONPAYMENTS OF $36,020 WERE MADE DURING THE YEAR TO THE BRAINSON GROUP INC. THE EXECUTIVE DIRECTOR, DAVID BRAINSON IS THE OWNER OF THIS ENTITY.

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
936 SHS JD COM INC SPON ADR	FMV	$94	$38,769
NET UNREALIZED GAIN ON DONATED SECURITIES	FMV	$38,675	$0

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	WINSTON STRAWN	CategoryTxt
Legal Fees	$7,091	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$7,091	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
PROGRAM RELATED INVESTMENT-LOAN TO CARMEL ACADEMY	$3,239,000	$3,239,000	$3,239,000
COLLECTION OF 1,969 BOTTLES OF KOSHER WINE	$0	$123,885	$123,885
CASH IN TRANSIT	$541,433	$235,270	$235,270

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	CHANGE IN UNREALIZED GAIN ON INVESTMENTS	Desc
Amt	$82,458	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OTHER EXPENSES THRU K-1'S	$3,172	$3,172	$0
FILING FEES	$125	$0	$125
MISC FEES	$12	$0	$12
WINE STORAGE FEES	$11,384	$0	$11,384

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	OTHER INVESTMENT INCOME THRU K-1'S	Desc
Revenue And Expenses Per Books	$9,066	RevenueAndExpensesPerBooksAmt
Net Investment Income	$9,012	NetInvestmentIncomeAmt
Adjusted Net Income	$9,066	AdjustedNetIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
THE BRAINSON GROUP INC.	$36,020	$0	$36,020
INVESTMENT FEES	$26,171	$26,171	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FOREIGN TAX THRU K-1'S	CategoryTxt
Amt	$323	Amt
Net Investment Income	$323	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt