THE GILBERT AND ILDIKO BUTLER FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: THE GILBERT AND ILDIKO BUTLER FAMILY FOUNDATION (EIN 27-0141384)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-15
IRS object ID: 201313199349100526
Schema version: 2012v2.1
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
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-15T08:49:39-06:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	113266576	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GRASSI & CO CPA'S PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	488 MADISON AVENUE	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10022	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	270141384	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE GILBERT AND ILDIKO BUTLER	BusinessNameLine1
Business Name Line2	FAMILY FOUNDATION INC	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	GILB	NameControl
Phone	2123030214	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	60 CUTTER MILL ROAD NO 212	AddressLine1
City	GREAT NECK	City
State	NY	State
ZIP Code	11021	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DHRUVIKA PATEL AMIN	Name
Title	VP OF FINANCE AND ADMINISTRATION	Title
Phone	2123030214	Phone
Date Signed	2013-11-14	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	ANTHONY DATTOMA	Name
PTIN	P00237982	PTIN
Phone	2126616166	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	9945908	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss	11901	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	11901	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	280091	DividendsRevAndExpnss
Dividends Net Invst Incm	280091	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	-25957	NetGainSaleAssetsRevAndExpnss
Capital Gain Net Incm Net Invst Incm	0	CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss	11379	OtherIncomeRevAndExpnss
Other Income Net Invst Incm	11379	OtherIncomeNetInvstIncm
Total Revenue And Expenses	277414	TotalRevenueAndExpenses
Total Net Investment Income	303371	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	0	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	0	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	0	CompOfcrDirTrstDsbrsChrtblPrps
Legal Fees Rev And Expnss	6079	LegalFeesRevAndExpnss
Legal Fees Net Invst Incm	3040	LegalFeesNetInvstIncm
Legal Fees Dsbrs Chrtbl Prps	3039	LegalFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss	133493	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	128384	OtherProfFeesNetInvstIncm
Other Prof Fees Dsbrs Chrtbl Prps	5109	OtherProfFeesDsbrsChrtblPrps
Interest Rev And Expnss	12050	InterestRevAndExpnss
Interest Net Invst Incm	12050	InterestNetInvstIncm
Interest Dsbrs Chrtbl Prps	0	InterestDsbrsChrtblPrps
Taxes Rev And Expnss	11279	TaxesRevAndExpnss
Taxes Net Invst Incm	12019	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	0	TaxesDsbrsChrtblPrps
Trav Conf Meeting Rev And Expnss	3774	TravConfMeetingRevAndExpnss
Trav Conf Meeting Net Invst Incm	0	TravConfMeetingNetInvstIncm
Trav Conf Meeting Dsbrs Chrtbl Prps	3774	TravConfMeetingDsbrsChrtblPrps
Other Expenses Rev And Expnss	1121	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	1121	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	0	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	167796	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	156614	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	11922	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	553183	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	553183	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	720979	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	156614	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	565105	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-443565	ExcessOfRevenueOverExpenses
Net Investment Income	146757	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	8030	CashBOY
Cash EOY	12616	CashEOY
Cash EOYFMV	12616	CashEOYFMV
Savings And Temp Cash Invst BOY	748793	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	969558	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	969558	SavingsAndTempCashInvstEOYFMV
Investments Other BOY	8745717	InvestmentsOtherBOY
Investments Other EOY	8913365	InvestmentsOtherEOY
Investments Other EOYFMV	8913365	InvestmentsOtherEOYFMV
Other Assets BOY	236797	OtherAssetsBOY
Other Assets EOY	50369	OtherAssetsEOY
Other Assets EOYFMV	50369	OtherAssetsEOYFMV
Total Assets BOY	9739337	TotalAssetsBOY
Total Assets EOY	9945908	TotalAssetsEOY
Total Assets EOYFMV	9945908	TotalAssetsEOYFMV
Accounts Payable BOY	171	AccountsPayableBOY
Accounts Payable EOY	3590	AccountsPayableEOY
Total Liabilities BOY	171	TotalLiabilitiesBOY
Total Liabilities EOY	3590	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	9739166	UnrestrictedBOY
Unrestricted EOY	9942318	UnrestrictedEOY
Total Net Assets BOY	9739166	TotalNetAssetsBOY
Total Net Assets EOY	9942318	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	9739337	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	9945908	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	9739166	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-443565	ExcessOfRevenueOverExpenses
Other Increases	646717	OtherIncreases
Subtotal	9942318	Subtotal
Other Decreases	0	OtherDecreases
Total Net Assets Fund Balances EOY	9942318	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (5 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses
JP MORGAN CHASE BANK	P	-130337	-130337
JP MORGAN CHASE BANK	P	95604	95604
BAROMETER (CAD ACCOUNT)	P	1708	1708
MORGAN CREEK DISLOCATION OFFSHORE FUND	P	856	856
PCCP MEZZANINE RECOVERY PARTNERS II OFFSHORE AIV, LP	P	6212	6212

Field	Value	IRS element (for citing)
Capital Gain Net Income	-25957	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	0	LiableFor4942Tax
Qualifying Distributions Year1	273181	QualifyingDistributionsYear1
Noncharitable Assets Year1	9148302	NoncharitableAssetsYear1
Distribution Ratio Year1	0.029861	DistributionRatioYear1
Qualifying Distributions Year2	321910	QualifyingDistributionsYear2
Noncharitable Assets Year2	7957607	NoncharitableAssetsYear2
Distribution Ratio Year2	0.040453	DistributionRatioYear2
Qualifying Distributions Year3	388075	QualifyingDistributionsYear3
Noncharitable Assets Year3	6927328	NoncharitableAssetsYear3
Distribution Ratio Year3	0.056021	DistributionRatioYear3
Qualifying Distributions Year4	376929	QualifyingDistributionsYear4
Noncharitable Assets Year4	8941555	NoncharitableAssetsYear4
Distribution Ratio Year4	0.042155	DistributionRatioYear4
Qualifying Distributions Year5	410620	QualifyingDistributionsYear5
Noncharitable Assets Year5	7269794	NoncharitableAssetsYear5
Distribution Ratio Year5	0.056483	DistributionRatioYear5
Total Distribution Ratio	0.224973	TotalDistributionRatio
Average Distribution Ratio	0.044995	AverageDistributionRatio
Net Noncharitable Assets	9806685	NetNoncharitableAssets
Adjusted Noncharitable Assets	441252	AdjustedNoncharitableAssets
One Percent Net Investment Income	1468	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	442720	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	565105	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	1468	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	1468	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	1468	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	13304	EstTaxPaymentsAndOverpayment
Tax Paid With Extension	10000	TaxPaidWithExtension
Total Credits And Payments	23304	TotalCreditsAndPayments
Overpayment	21836	Overpayment
Amount Credited To Next Year	21836	AmountCreditedToNextYear
Amount To Be Refunded	0	AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	0	LegislativePoliticalActivities
More Than100 Spent	0	MoreThan100Spent
Form1120 POL Filed	0	Form1120POLFiled
Sect4955 Tax On Organization	0	Sect4955TaxOnOrganization
Sect4955 Tax On Managers	0	Sect4955TaxOnManagers
Reimbursement Of Tax	0	ReimbursementOfTax
Activities Not Prev Reported	0	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	1	UnrelatedBusIncomeOver1000
Form990 T Filed	1	Form990TFiled
Termination Etc	0	TerminationEtc
Requirements Of Sect508e	1	RequirementsOfSect508e
At Least5000 In Assets	1	AtLeast5000InAssets
States Filed With	MA	StatesFiledWith
Form990 PF Filed With AG	1	Form990PFFiledWithAG
Private Operating Foundation	0	PrivateOperatingFoundation
New Substantial Contributors	0	NewSubstantialContributors
Interest In Controlled Entity	0	InterestInControlledEntity
Applicable Insurance Contract	0	ApplicableInsuranceContract
Comply With Public Inspection Rqr	1	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	GILBERT ILDIKO BUTLER FAMILY FDN	BooksInCareOfPersonName
Books In Care Of Phone Number	2123030214	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	60 CUTTER MILL ROAD SUITE 212	AddressLine1
City	GREAT NECK	City
State	NY	State
ZIP Code	11021	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	0	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	0	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	0	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	1	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	1	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	0	TransferAssetsToDsqflyPerson
Payment To Government Offical	0	PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions	0	ActsFailToQualifyAsExceptions
Uncorrected Prior Acts	0	UncorrectedPriorActs
Undistributed Income Prior Years	0	UndistributedIncomePriorYears
Business Holdings	0	BusinessHoldings
Jeopardy Investments	0	JeopardyInvestments
Uncorrected Jeopardy Investments	0	UncorrectedJeopardyInvestments
Influence Legislation	0	InfluenceLegislation
Influence Election	0	InfluenceElection
Grants To Individuals	0	GrantsToIndividuals
Grants To Organizations	0	GrantsToOrganizations
Noncharitable Purpose	0	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	0	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	0	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	0	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (7 entries)

Address Line1USAddress/AddressLine1	Address Line2USAddress/AddressLine2	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
GILBERT BUTLER
C/O GILBERT ILDIKO BUTLER FAMILY	FOUNDATION 60 CUTTER MILL ROAD	GREAT NECK	NY	11021	PRESIDENT/TREASURER/DIRECTOR	1.00	0	0	0
ILDIKO BUTLER
C/O GILBERT ILDIKO BUTLER FAMILY	FOUNDATION 60 CUTTER MILL ROAD	GREAT NECK	NY	11021	DIRECTOR	0.50	0	0	0
EMILY RAFFERTY
C/O GILBERT ILDIKO BUTLER FAMILY	FOUNDATION 60 CUTTER MILL ROAD	GREAT NECK	NY	11021	DIRECTOR	0.50	0	0	0
WINTHROP RUTHERFURD JRESQ
C/O GILBERT ILDIKO BUTLER FAMILY	FOUNDATION 60 CUTTER MILL ROAD	GREAT NECK	NY	11021	DIRECTOR/SECRETARY	0.50	0	0	0
MELISSA BUTLER
C/O GILBERT ILDIKO BUTLER FAMILY	FOUNDATION 60 CUTTER MILL ROAD	GREAT NECK	NY	11021	DIRECTOR	0.50	0	0	0
FRED BUTLER
C/O GILBERT ILDIKO BUTLER FAMILY	FOUNDATION 60 CUTTER MILL ROAD	GREAT NECK	NY	11021	DIRECTOR	0.50	0	0	0
DHRUVIKA PATEL AMIN
C/O GILBERT ILDIKO BUTLER FAMILY	FOUNDATION 60 CUTTER MILL ROAD	GREAT NECK	NY	11021	VP OF FINANCE/ ADMINISTRAT	1.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k	0	TotNumberOfOthEmplPaidOver50k

Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct (2 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	Type Of ServiceTypeOfService	CompensationCompensation
BLACK RIVER MANAGEMENT CO
60 CUTTER MILL ROAD SUITE 212	GREAT NECK	NY	11021	ADVISORY FEES	97772
BLACK RIVER MANAGEMENT CO
60 CUTTER MILL ROAD SUITE 212	GREAT NECK	NY	11021	ADMINISTRATIVE AND ACCOUNTING FEES	12643

Field	Value	IRS element (for citing)
Tot Number Of Cntrct Paid Over50k	0	TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Total	0	Total

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	9890440	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	65585	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	9956025	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	9956025	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	149340	CashDeemedCharitable
Net Noncharitable Assets	9806685	NetNoncharitableAssets
Minimum Investment Return	490334	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	490334	MinimumInvestmentReturn
Tax Based On Investment Income	1468	TaxBasedOnInvestmentIncome
Total Tax	1468	TotalTax
Distributable Amount Before Adj	488866	DistributableAmountBeforeAdj
Recoveries Qlfy Distributions	0	RecoveriesQlfyDistributions
Distributable Amount Before Ded	488866	DistributableAmountBeforeDed
Deduction Fr Distributable	$0	DeductionFrDistributableAmount
Distributable Amount As Adjusted	488866	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	565105	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Qualifying Distributions	565105	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	1468	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	563637	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	488866	DistributableAmountAsAdjusted
Undistributed Income Prior Year	187065	UndistributedIncomePriorYear
Total For Prior Years	0	TotalForPriorYears
Total Excess Distri Carryover	0	TotalExcessDistriCarryover
Qualifying Distributions	565105	QualifyingDistributions
Applied To Year1	187065	AppliedToYear1
Applied To Prior Years	0	AppliedToPriorYears
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	378040	AppliedToCurrentYear
Remaining Distri From Corpus	0	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	0	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	0	ExcessDistriCyovAppliedCY
Total Corpus	0	TotalCorpus
Prior Year Undistributed Income	0	PriorYearUndistributedIncome
Prior Year Deficiency Or Tax	0	PriorYearDeficiencyOrTax
Taxable Amount1	0	TaxableAmount1
Taxable Amount2	0	TaxableAmount2
Undistributed Income CY	110826	UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g3	0	DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5	0	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	0	ExcessDistriCyovToNextYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	GILBERT BUTLER	ContributingManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (58 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount	Address Line2RecipientUSAddress/AddressLine2
AMERICAN ACADEMY IN ROME
7 EAST 60TH STREET	NEW YORK	NY	10022	NONE	PUBLIC CHARITY	EDUCATION	$10,000
AMERICAN FOUNDATION FOR HUNGARIAN LITERATURE & EDUCATION CONSTRUCTION FUND
213 E 82ND ST	NEW YORK	NY	10028	NONE	PUBLIC CHARITY	EDUCATION	$1,000
AMERICAN FRIENDS OF THE PARIS OPERA
972 FIFTH AVENUE	NEW YORK	NY	10075	NONE	PUBLIC CHARITY	CULTURAL	$1,000
AMERICAN RED CROSS
PO BOX 97089	WASHINGTON	DC	200907089	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$10,000
AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS
520 EIGHTH AVENUE 7TH FLOOR	NEW YORK	NY	10018	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$2,000
BEATRIX FARRAND SOCIETY
PO BOX 111	MT DESERT	ME	04660	NONE	PUBLIC CHARITY	EDUCATION	$500
BECA
418 E 84TH ST 5	NEW YORK	NY	10028	NONE	PUBLIC CHARITY	EDUCATION	$100
BILINGUAL EDUCATION FOR CENTRAL AMERICA
418 E 84TH ST 5	NEW YORK	NY	10028	NONE	PUBLIC CHARITY	EDUCATION	$1,000
BLACK WATCH COUNCIL
PO BOX 390	TICONDEROGA	NY	12883	NONE	PUBLIC CHARITY	CULTURAL	$270
BOONVILLE BLACK RIVER CANAL MUSEUM
PO BOX 122	BOONVILLE	NY	13309	NONE	PUBLIC CHARITY	ENVIRONMENTAL PROGRAM	$250
CATHOLIC CHARITIES
1011 FIRST AVENUE	NEW YORK	NY	10022	NONE	PUBLIC CHARITY	CULTURAL	$10,000
CENTRAL PARK CONSERVANCY
14 EAST 60TH ST	NEW YORK	NY	10022	NONE	PUBLIC CHARITY	ENVIRONMENTAL PROGRAM	$1,000
CHAMBER MUSIC SOCIETY OF UTICA
BLUE BARN BEND 463 PARTRIDGE HILL	BARNEVELD	NY	13304	NONE	PUBLIC CHARITY	CULTURAL	$10,000	ROAD
CHURCH OF ST JOHN DIVINE
1047 AMSTERDAM AVENUE	NEW YORK	NY	10025	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$500
COLD SPRING HARBOR LAB
1 BUNGTOWN RD	COLD SPRING HARBOR	NY	11724	NONE	PUBLIC CHARITY	EDUCATION	$500
COLUMBIA BUSINESS SCHOOL
101 URIS HALL 3022 BROADWAY	NEW YORK	NY	100276902	NONE	PUBLIC CHARITY	EDUCATION	$200,000
CONSTABLE HALL ASSOCIATION
PO BOX 36	CONSTABLEVILLE	NY	13325	NONE	PUBLIC CHARITY	CULTURAL	$1,000
DOCTORS WITHOUT BORDERS
333 SEVENTH AVENUE 2ND FLOOR	NEW YORK	NY	10001	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$20,000
FORT TICONDEROGA
PO BOX 390	TICONDEROGA	NY	12883	NONE	PUBLIC CHARITY	CULTURAL	$500
FRESH AIR FUND
633 THIRD AVENUE 14TH FLOOR	NEW YORK	NY	10014	NONE	PUBLIC CHARITY	ENVIRONMENTAL PROGRAM	$10,000
FRIENDS OF ACADIA
PO BOX 45	BAR HARBOR	ME	04609	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$2,500
FRIENDS OF CARNEGIE HALL
881 SEVENTH AVENUE	NEW YORK	NY	10019	NONE	PUBLIC CHARITY	CULTURAL	$2,275
FRIENDS OF UPPER EAST SIDE
966 LEXINGTON AVENUE 3E	NEW YORK	NY	10021	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$6,310
GOTHAM CHAMBER OPERA
410 WEST 42ND STREET	NEW YORK	NY	10036	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$325
HARVARD UNIVERSITY
124 MOUNT AUBURN ST	CAMBRIDGE	MA	021385762	NONE	PUBLIC CHARITY	EDUCATION	$75,000
HOPE HOUSE
PO BOX 161	UTICA	NY	13503	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$500
HUNGARIAN AMERICAN COALITION
1120 CONNECTICUT AVE NW SUITE 280	WASHINGTON	DC	20036	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$1,000
LENNOX HILL NEIGHBORHOOD HOUSE
331 EAST 70TH STREET	NEW YORK	NY	10021	NONE	PUBLIC CHARITY	PUBLIC WELFARE	$280
MARIN COUNTY ROWING GROUP
50 DRAKES LANDING ROAD	GREENBRAE	CA	94904	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$500
MEMORIAL SLOAN KETTERING
1275 YORK AVENUE - BOX 345	NEW YORK	NY	10065	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$10,000
METROPOLITAN MUSEUM OF ART
1000 FIFTH AVENUE	NEW YORK	NY	100280198	NONE	PUBLIC CHARITY	CULTURAL	$10,000
MILTON ACADEMY
170 CENTRE STREET	MILTON	MA	02186	NONE	PUBLIC CHARITY	EDUCATION	$23,726
MINNESOTA PUBLIC RADIO (KMRV RADIO- SUN VALLEY)
480 CEDAR ST	ST PAUL	MN	55101	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$250
MOUNT DESERT LAND & GARDEN PRESERVE
PO BOX 208	SEAL HARBOR	ME	04675	NONE	PUBLIC CHARITY	ENVIRONMENTAL PROGRAM	$500
NARSAD
90 PARK AVENUE 16FL	NEW YORK	NY	10016	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$25,000
NEIGHBORHOOD HOUSE
PO BOX 332	NORTHEAST HARBOR	ME	04662	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$750
NEW YORK CITY BALLET
DAVID KOCH THEATER 20 LINCOLN	NEW YORK	NY	10023	NONE	PUBLIC CHARITY	CULTURAL	$2,427	CENTER
NEW YORK HISTORICAL SOCIETY
170 CENTRAL PARK WEST	NEW YORK	NY	10024	NONE	PUBLIC CHARITY	CULTURAL	$6,400
NEW YORK PUBLIC LIBRARY
476 FIFTH AVENUE	NEW YORK	NY	10018	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$2,780
NEW YORK SOCIETY FOR THE RELIEF OF RUPTURED & CRIPPLED
HOSPITAL FOR SPECIAL SURGERY 535	NEW YORK	NY	10021	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$10,000	EAST 70TH STREET
NIGHTANGALE-BAMFORD SCHOOL
20 EAST 92ND STREET	NEW YORK	NY	10128	NONE	PUBLIC CHARITY	EDUCATION	$12,000
NORTHEAST HARBOR LIBRARY
PO BOX 279	NORTHEAST HARBOR	ME	04662	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$500
PARTNERSHIP FOR INNER CITY EDUCATION
1011 FIRST AVENUE 18TH FLOOR	NEW YORK	NY	10022	NONE	PUBLIC CHARITY	EDUCATION	$5,250
PIERPONT MORGAN LIBRARY
225 MADISON AVENUE	NEW YORK	NY	10016	NONE	PUBLIC CHARITY	EDUCATION	$5,925
PLANNED PARENTHOOD
434 WEST 33RD STREET	NEW YORK	NY	10001	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$1,000
PRESERVATION LEAGUE OF NEW YORK STATE
44 CENTRAL AVENUE	ALBANY	NY	12206	NONE	PUBLIC CHARITY	ENVIRONMENTAL PROGRAM	$13,015
PROCTOR ACADEMY
PO BOX 389	ANDOVER	NH	03216	NONE	PUBLIC CHARITY	EDUCATION	$10,000
PROJECT SUNSHINE
108 WEST 39TH STREET SUITE 725	NEW YORK	NY	10018	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$10,000
SALVATION ARMY
PO BOX 1959	ATLANTA	GA	30301	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$10,000
SAVE THE CHILDREN
54 WILTON RD	WESTPORT	CT	06880	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$10,000
ST IGNATIUS LOYOLA
PO BOX 1379	SUN VALLEY	ID	83353	NONE	PUBLIC CHARITY	CULTURAL	$2,500
THE COMMUNITY LIBRARY
PO BOX 2168 415 SPRUCE AVENUE	KETHCUM	ID	83340	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$1,000
THIRD STREET SCHOOL SETTLEMENT
1040 FIFTH AVENUE	NEW YORK	NY	10028	NONE	PUBLIC CHARITY	CULTURAL	$500
UNIVERSITY OF COLORADO
1305 UNIVERSITY AVENUE 459 UCB	BOULDER	CO	80302	NONE	PUBLIC CHARITY	EDUCATION	$5,000
VIGILANT ENGINE HOOK & LADDER
83 CUTTER MILL ROAD	GREAT NECK	NY	11021	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$100
VILLO VARGA
112 LAFAYETTE AVE	PASSAIC	NJ	07055	NONE	PUBLIC CHARITY	CULTURAL	$750
WILLIAM GEORGE AGENCY FOR CHILDREN'S SOCIETY
380 FREEVILLE ROAD	FREEVILLE	NY	13068	NONE	PUBLIC CHARITY	SOCIAL PROGRAM	$5,000
YOUNG CONCERT ARTISTS
250 WEST 57TH ST SUITE 1222	NEW YORK	NY	10107	NONE	PUBLIC CHARITY	CULTURAL	$500

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	553183	TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future	0	TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$11,901	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$280,091	ExclusionAmount

Other Investment Income Part VII OtherInvestmentIncomePartVII

Field	Value	IRS element (for citing)
Exclusion Code	15	ExclusionCode
Exclusion	$11,379	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	-$25,957	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$0	UnrelatedBusinessIncomeAmount
Exclusion	$277,414	ExclusionAmount
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	277414	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	0	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	0	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	0	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	0	RentalOfFacilitiesEtc
Reimbursement Arrangements	0	ReimbursementArrangements
Loans Or Loan Guarantees	0	LoansOrLoanGuarantees
Performance Of Services Etc	0	PerformanceOfServicesEtc
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	0	RelationshipsNoncharitableEOs

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (4 entries)

Category Or ItemCategoryOrItem	Listed At Cost Or FMVListedAtCostOrFMV	Book ValueBookValue	EOYFMVEOYFMV
CANADIAN SECURITIES	FMV	3005772	3005772
MASTER LIMITED PARTNERSHIPS	FMV	5548782	5548782
PRIVATE EQUITY	FMV	357380	357380
HEDGE FUND	FMV	1431	1431

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Field	Value	IRS element (for citing)
Category	LEGAL FEES	Category
Amount	$6,079	Amount
Net Investment Income	3040	NetInvestmentIncome
Disbursements Charitable Prps	3039	DisbursementsCharitablePrps

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets (3 entries)

DescriptionDescription	BOY Book ValueBOYBookValue	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
HEDGE FUND RECEIVABLE	2210	401	401
SECURITY TRANSANCTION RECEIVABLE	184619	0	0
RARE MAPS	49968	49968	49968

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
COMPUTER FEES	461	461	0
MISCELLANEOUS	660	660	0

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Field	Value	IRS element (for citing)
Description	NET PORTFOLIO GAIN FROM PASSTHROUGH ENTITIES	Description
Revenue And Expenses Per Books	11379	RevenueAndExpensesPerBooks
Net Investment Income	11379	NetInvestmentIncome
Adjusted Net Income	11379	AdjustedNetIncome

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Field	Value	IRS element (for citing)
Description	UNREALIZED GAIN ON INVESTMENTS	Description
Amount	$646,717	Amount

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees (4 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
INVESTMENT ADVISORY FEES	$120,850	120850	0
EXPENSE REIMBURSEMENT-BCC INVESTMENT RELATED	$5,786	2893	2893
EXPENSE REIMBURSEMENT-DIRECT GRANTS ADMIN REIMBURSEMENT	$2,216	0	2216
EXPENSE REIMBURSEMENT-GENERAL AND ADMIN SERVICES	$4,641	4641	0

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	FOREIGN TAX	Category
Amount	$11,279	Amount
Net Investment Income	12019	NetInvestmentIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps

THE GILBERT AND ILDIKO BUTLER FAMILY FOUNDATION: Form 990PF, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (5 entries)

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (7 entries)

Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct (2 entries)

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (58 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Other Investment Income Part VII OtherInvestmentIncomePartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (4 entries)

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets (3 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees (4 entries)

Taxes Schedule TaxesSchedule

Taxes Taxes

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