BRIGHT HORIZON FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- BRIGHT HORIZON FOUNDATION (EIN 13-4121003)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-10
- IRS object ID
- 201703149349100105
- Schema version
- 2016v3.0
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-10T08:19:25-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331197384 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDERSEN TAX LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1177 AVENUE OF THE AMERICAS 18TH | AddressLine1Txt |
| Address Line2 | FLOOR | AddressLine2Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134121003 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRIGHT HORIZON FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O LAURA B CARROLL THE AYCO CO | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BRIG | BusinessNameControlTxt |
| Phone | 2124038304 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 860 | AddressLine1Txt |
| City | SARATOGA SPRINGS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12866 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LOUIS K SALKIND | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2124038304 | PhoneNum |
| Signature | 2017-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALISON ANDERSEN | PreparerPersonNm |
| PTIN | P00826218 | PTIN |
| Phone | 6462135100 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 173.205.45.54 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-10 | IPDt |
| IP Tm | 08:18:39 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 1FB0DC6CCBB62E013CE01F3A769F965C875BF8A7 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 8D0C089742B9C663664637A94004FD876991260D | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $122,230,745 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,672,553 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $3,700,270 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,700,270 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,974,186 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,974,186 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,974,186 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $735,743 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $9,082,752 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,674,456 | 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 |
| Accounting Fees Rev And Expnss | $15,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,500 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $7,500 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $37,085 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,085 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,058 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,388 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,650 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $55,143 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $13,973 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $9,150 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,645,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,645,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,700,143 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $13,973 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,654,150 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,382,609 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,660,483 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,999,995 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $9,258,629 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,752,804 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,752,804 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $150,003 | AcctRcvblAmt |
| Acct Rcvbl BOY | $150,003 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $150,003 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $150,003 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $17,257,529 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,251,305 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,318,340 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $21,229,344 | CorporateStockBOYAmt |
| Corporate Stock EOY | $46,215,382 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $46,977,313 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $5,515,344 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $5,515,344 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,818,550 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $45,127,410 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $48,036,025 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $66,213,735 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $101,538,254 | TotalAssetsBOYAmt |
| Total Assets EOY | $103,920,863 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $122,230,745 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | -$1,298,776 | CapitalStockBOYAmt |
| Capital Stock EOY | -$1,298,776 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $102,837,030 | RetainedEarningBOYAmt |
| Retained Earning EOY | $105,219,639 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $101,538,254 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $103,920,863 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $101,538,254 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $103,920,863 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $101,538,254 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,382,609 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $103,920,863 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $103,920,863 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| MERRILL LYNCH - CAPITAL GAIN | P | $1,751,845 | $1,751,845 | $1,751,845 |
| VANGUARD - CAPITAL GAIN | P | $1,707 | $1,707 | $1,707 |
| VANGUARD - CAPITAL GAIN | P | $91,107 | $91,107 | $91,107 |
| MORGAN STANLEY PMF III - CAPITAL GAIN | P | $125,867 | $125,867 | $125,867 |
| CAPITAL GAINS DIVIDENDS | P | $3,660 | $3,660 | $3,660 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,974,186 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $6,361,190 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $115,287,920 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.055177 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $5,810,357 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $107,366,085 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.054117 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $5,519,928 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $98,034,486 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.056306 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $4,657,937 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $87,745,355 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.053085 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $4,321,270 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $80,153,844 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.053912 | DistributionYr5Rt |
| Total Distribution | 0.272597 | TotalDistributionRt |
| Average Distribution | 0.054519 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $120,694,404 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $6,580,138 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $56,605 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $6,636,743 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $6,654,150 | 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 | $56,605 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $56,605 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $56,605 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $32,202 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $200,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $232,202 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $506 | EsPenaltyAmt |
| Overpayment | $175,091 | OverpaymentAmt |
| Applied To ES Tax | $175,091 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | 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 | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | 0 | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CO LAURA B CARROLL | IndividualWithBooksNm |
| Phone | 5188864231 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 860 | AddressLine1Txt |
| City | SARATOGA SPRINGS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12866 | 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 | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| LOUIS SALKIND | ||||||||
| C/O LAURA B CARROLL PO BOX 860 | SARATOGA SPRINGS | NY | 12866 | OFFICER | 2.00 | $0 | $0 | $0 |
| DEBORAH RENNELS | ||||||||
| C/O LAURA B CARROLL PO BOX 860 | SARATOGA SPRINGS | NY | 12866 | OFFICER | 2.00 | $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 | $102,238,679 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $20,143,708 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $150,003 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $122,532,390 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $122,532,390 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,837,986 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $120,694,404 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,034,720 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,034,720 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $56,605 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $56,605 | TotalTaxAmt |
| Distributable Before Adj | $5,978,115 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $5,978,115 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $5,978,115 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,654,150 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $6,654,150 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $56,605 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $6,597,545 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,978,115 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $350,444 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $314,215 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $647,700 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $564,393 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $655,484 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,532,236 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $6,654,150 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $5,978,115 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $676,035 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $3,208,271 | 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 | $350,444 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,857,827 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $314,215 | ExcessFromYear4Amt |
| Excess From Year3 | $647,700 | ExcessFromYear3Amt |
| Excess From Year2 | $564,393 | ExcessFromYear2Amt |
| Excess From Year1 | $655,484 | ExcessFromYear1Amt |
| Excess From Current Year | $676,035 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | LOUIS SALKIND | ContributingManagerNm |
| Contributing Manager | DEBORAH RENNELS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN INDIAN COLLEGE FUND | |||||||
| 8333 GREENWOOD BLVD | DENVER | CO | 80221 | N/A | 170(B)(1)(A)(VI) | CREATES AWARENESS OF COMMUNITY BASED TRIBAL COLLEGES | $10,000 |
| CARTER CENTER ONE COPENHILL | |||||||
| 453 FREEDOM PARKWAY | ATLANTA | GA | 30307 | N/A | 170(B)(1)(A)(VI) | SEEKS TO RESOLVE CONFLICTS, ENHANCE FREEDOM, & ALLEV | $500,000 |
| COMMUNITY FOUNDATION OF SANTA CRUZ COUNTY | |||||||
| 7807 SOQUEL DRIVE | APTOS | CA | 95003 | N/A | 170(B)(1)(A)(VI) | IMPROVE THE QUALITY OF LIFE IN SANTA CRUZ COUNTY, AND BEYOND, THROUGH PHILANTHROPY | $200,000 |
| DOCTORS WITHOUT BORDERS | |||||||
| 333 7TH AVENUE 2ND FLOOR | NEW YORK | NY | 10001 | N/A | 170(B)(1)(A)(VI) | PROVIDE QUALITY MEDICAL CARE TO PEOPLE IN CRISIS | $50,000 |
| FIDELITY CHARITABLE GIFT FUND | |||||||
| 200 SEAPORT BOULEVARD MAIL ZONE Z3B | BOSTON | MA | 02210 | N/A | 170(B)(1)(A)(VI) | FACILITATES, SUPPORTS AND INCREASES CHARITABLE ACTIVITIES | $775,000 |
| INTERNATIONAL CRISIS GROUP | |||||||
| 420 LEXINGTON AVENUE SUITE 2640 | NEW YORK | NY | 10170 | N/A | 170(B)(1)(A)(VI) | COMMITTED TO PREVENTING AND RESOLVING DEADLY CONFLICT | $500,000 |
| NATURAL RESOURCES DEFENSE COUNCIL INC | |||||||
| 40 WEST 20TH STREET | NEW YORK | NY | 10011 | N/A | 170(B)(1)(A)(VI) | USES LAW, SCIENCE, & SUPPORT TO PROTECT THE PLANET'S | $1,000,000 |
| PARTNERS IN HEALTH | |||||||
| 888 COMMONWEALTH AVE 3RD FLOOR | BOSTON | MA | 02215 | N/A | 170(B)(1)(A)(VI) | PROVIDE HEALTH CARE IN SOME OF THE WORLD'S POOREST COMMUNITIES | $500,000 |
| ROBIN HOOD FOUNDATION | |||||||
| 826 BROADWAY 7TH FL | NEW YORK | NY | 10003 | N/A | 170(B)(1)(A)(VI) | HELP POVERTY IN NEW YORK CITY | $500,000 |
| THE BROOKINGS INSTITUTION | |||||||
| 1775 MASSACHUSETTS AVE NW | WASHINGTON | DC | 20036 | N/A | 170(B)(1)(A)(VI) | CONDUCTS RESEARCH TO STRENGTHEN AMERICAN DEMOCRACY & | $100,000 |
| THE CONSERVATION FUND | |||||||
| 1655 N FORT MYER DRSTE 1300 | ARLINGTON | VA | 22209 | N/A | 170(B)(1)(A)(VI) | CONSERVES LAND, TRAINS LEADERS & INVESTS IN CONVSERV | $100,000 |
| THE TRUST FOR PUBLIC LAND | |||||||
| 116 NEW MONTGOMERY ST | SAN FRANCISCO | CA | 94105 | N/A | 170(B)(1)(A)(VI) | CONSERVES LAND, ENSURING LIVABLE COMMUNITIES FOR GEN | $10,000 |
| UNION OF CONCERNED SCIENTISTS INC | |||||||
| TWO BRATTLE SQUARE | CAMBRIDGE | MA | 02138 | N/A | 170(B)(1)(A)(VI) | SECURES CHANGES IN GOVERNMENT POLICY, CORPORATE PRAC | $2,400,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,645,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,700,270 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,974,186 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd |
|---|---|---|
| MORGAN STANLEY - NONTAXABLE DIVIDENDS | $717,536 | 14 |
| VANGUARD - NONTAXABLE DIVIDENDS | $18,207 | 14 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $735,743 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $5,674,456 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,410,199 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11 | LineNumberTxt |
| Relationship Statement | N/A | RelationshipStatementTxt |
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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| LOUIS SALKIND | |||||||
| 1 | C/O LAURA B CARROLL PO BOX 860 | SARATOGA SPRINGS | NY | 12866 | $313,000 | Yes (X) | |
| LOUIS SALKIND | |||||||
| 2 | C/O LAURA B CARROLL PO BOX 860 | SARATOGA SPRINGS | NY | 12866 | $2,359,553 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | 11,300 SHS VFIAX | NoncashPropertyDesc |
| Fair Market Value | $2,359,553 | FairMarketValueAmt |
| Received | 2016-12-23 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEES | CategoryTxt |
| Amt | $15,000 | Amt |
| Net Investment Income | $7,500 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7,500 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | SMITH BARNEY - STUDENT LOAN CORP | BondNm |
| EOY Book Value | $5,515,344 | EOYBookValueAmt |
| EOYFMV | $4,818,550 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD FUNDS | $33,069,248 | $35,158,203 |
| MERRILL LYNCH - EQUITIES | $3,073 | $0 |
| PIMCO FUND | $13,143,061 | $11,819,110 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,251,305 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,318,340 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (11 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CPP (PALOMA PARTNERS) | AT COST | $4,000,000 | $7,735,899 |
| SILVER CREEK LOW VOLUME | AT COST | $737,793 | $724,756 |
| SILVER CREEK CORE STRATEGIES | AT COST | $4,097,753 | $4,559,485 |
| MORGAN STANLEY PMF II | AT COST | $21,393 | $422,032 |
| D. E. SHAW COMPOSITE | AT COST | $15,450,000 | $23,796,071 |
| D. E. SHAW OCULUS | AT COST | $8,120,429 | $9,433,736 |
| D. E. SHAW VALENCE | AT COST | $7,650,000 | $10,414,043 |
| BLACKSTONE PARTNERS | AT COST | $3,284,158 | $3,375,491 |
| ELLINGTON MORTGAGE OPPS | AT COST | $1,000,000 | $1,609,425 |
| MAGNITUDE INTERNATIONAL CLASS D | AT COST | $3,000,000 | $3,455,333 |
| STELLUS CREDIT OFFSHORE FUND LP | AT COST | $674,499 | $687,464 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES / WIRE TRANSFER FEES | $870 | $870 | $0 |
| NYS FILING FEE | $1,500 | $0 | $1,500 |
| ADVERTISING | $150 | $0 | $150 |
| STELLUS CREDIT OFFSHORE FUND - PORTFOLIO DEDUCTION | $518 | $518 | $0 |
| MISC | $20 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| MORGAN STANLEY - NONTAXABLE DIVIDENDS | $717,536 | $717,536 |
| VANGUARD - NONTAXABLE DIVIDENDS | $18,207 | $18,207 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES PAID | $5,085 | $5,085 | $0 |
| 2015 IRS ESTIMATED PAYMENTS | $32,000 | $0 | $0 |
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