LILLIAN VERNON FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: LILLIAN VERNON FOUNDATION (EIN 22-3390451)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2012-12-10
IRS object ID: 201213459349100201
Schema version: 2011v1.2
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
Accounting Fees Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Other Decreases 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	2012-12-10T14:26:31-06:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	134038080	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GRAF REPETTI & CO LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1114 AVENUE OF THE AMERICAS	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10036	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	223390451	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	LILLIAN VERNON FOUNDATION GRAF REPETTI & COLLP	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	LILL	NameControl
Phone	2123023300	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1114 AVENUE OF AMERICAS 17TH FLOOR	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10036	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	LILLIAN VERNON	Name
Title	TRUSTEE	Title
Phone	2123023300	Phone
Date Signed	2012-11-30	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	BERNARD POMERANTZ	Name
PTIN	P00548051	PTIN
Phone	2123023300	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	3163651	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	34	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	34	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	54511	DividendsRevAndExpnss
Dividends Net Invst Incm	54511	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	71926	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	492700	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	71926	CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss	71562	OtherIncomeRevAndExpnss
Other Income Net Invst Incm	71562	OtherIncomeNetInvstIncm
Total Revenue And Expenses	198033	TotalRevenueAndExpenses
Total Net Investment Income	198033	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
Accounting Fees Rev And Expnss	10154	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	3384	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	6770	AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss	9500	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	9500	OtherProfFeesNetInvstIncm
Other Prof Fees Dsbrs Chrtbl Prps	0	OtherProfFeesDsbrsChrtblPrps
Taxes Rev And Expnss	1518	TaxesRevAndExpnss
Taxes Net Invst Incm	1517	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	0	TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss	35353	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	35353	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	0	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	56525	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	49754	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	6770	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	415194	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	415194	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	471719	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	49754	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	421964	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-273686	ExcessOfRevenueOverExpenses
Net Investment Income	148279	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	22165	CashBOY
Cash EOY	67435	CashEOY
Cash EOYFMV	67435	CashEOYFMV
Savings And Temp Cash Invst BOY	380388	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	238118	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	238118	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY	2277499	InvestmentsCorpStockBOY
Investments Corp Stock EOY	2053536	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	2136024	InvestmentsCorpStockEOYFMV
Investments Other BOY	595373	InvestmentsOtherBOY
Investments Other EOY	542287	InvestmentsOtherEOY
Investments Other EOYFMV	722074	InvestmentsOtherEOYFMV
Total Assets BOY	3275425	TotalAssetsBOY
Total Assets EOY	2901376	TotalAssetsEOY
Total Assets EOYFMV	3163651	TotalAssetsEOYFMV
Total Liabilities BOY	0	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	0	CapitalStockBOY
Capital Stock EOY	0	CapitalStockEOY
Paid In Or Capital Surplus BOY	0	PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY	0	PaidInOrCapitalSurplusEOY
Retained Earnings BOY	3275425	RetainedEarningsBOY
Retained Earnings EOY	2901376	RetainedEarningsEOY
Total Net Assets BOY	3275425	TotalNetAssetsBOY
Total Net Assets EOY	2901376	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	3275425	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	2901376	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	3275425	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-273686	ExcessOfRevenueOverExpenses
Other Increases	524	OtherIncreases
Subtotal	3002263	Subtotal
Other Decreases	100887	OtherDecreases
Total Net Assets Fund Balances EOY	2901376	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (31 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date AcquiredDateAcquired	Date SoldDateSold	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses	Gross Sales PriceGrossSalesPrice
FROM K-1 GAMCO MEDICAL OPPORTUNITIES	P	2011-01-01	2011-12-31	889	-889	-889
FROM K-1 ENERGY TRANSFER EQUITY LP	P	2011-01-01	2011-12-31		7	7	7
FROM K-1 ENTERPRISE PRODUCTS PARTNERS LP	P	2011-01-01	2011-12-31		1105	1105	1105
FROM K-1 NUSTAR GP HOLDINGS LLC	P	2011-01-01	2011-12-31		21	21	21
FROM K-1 REGENCY ENERGY PARTNERS LP	P	2011-01-01	2011-12-31		192	192	192
SECTION 1231 INCOME FROM K-1S PER SCHEDULE	P	2011-01-01	2011-12-31		716	716	716
1900 GLOBAL GEOPHYSICAL SYCS INC	P	2010-04-21	2011-07-29	22724	9645	9645	32369
1500 DHT HOLDINGS INC	P	2008-04-29	2011-10-20	15737	-13060	-13060	2677
ATLAS ENERGY INC	P	2009-09-30	2011-11-29		70	70	70
400 JP MORGAN CHASE & CO	P	2004-07-19	2012-01-17	14424	-424	-424	14000
500 COOPER INDUSTRIES PLC	P	2004-08-23	2012-05-21	14068	21104	21104	35172
1110 DEUTSCHE TELEKOM AG	P	1997-12-11	2011-08-08	149	14959	14959	15108
283 DEUTSCHE TELEKOM AG	P	1999-06-23	2011-08-08		3852	3852	3852
500 DIEBOLD INCORPORATED	P	2008-03-03	2012-02-08	19591	-2335	-2335	17256
500 DIEBOLD INCORPORATED	P	2008-03-03	2012-02-13	19591	-578	-578	19013
3000 GRAHAM PACKAGING CO ICHG	P	2011-06-20	2011-09-09	75860	640	640	76500
1000 LIN TV CORP CL A	P	2007-10-15	2011-08-08	13599	-10289	-10289	3310
2000 MIDAS ROUP INC	P	2011-03-11	2012-05-01	17520	5480	5480	23000
2000 NATL SEMICONDUCTORS COCHG	P	2011-04-07	2011-09-27	48320	1680	1680	50000
1500 NETLOGIC MICROSYSTEMS	P	2011-09-12	2012-02-17	72542	2458	2458	75000
1500 NEWS CORP	P	2009-01-01	2011-07-13	19562	4137	4137	23699
1000 NEWS CORP	P	2009-01-01	2011-07-22	13041	2929	2929	15970
1000 NEWS CORP	P	2009-01-01	2011-08-08	13041	1044	1044	14085
643.2 ROLLS ROYCE GROUP PLC	P	2011-11-10	2011-07-13	1034	0	0	1034
462300 ROLLS ROYCE HLDGS PLCXXX	P	2011-05-10	2012-01-06	714	0	0	714
1000 STD MOTOR PRODUCTS COM	P	2001-01-17	2012-01-03	8778	11982	11982	20760
0.25 VIVENDI SA - CASH IN LIEU	P	2012-05-09	2012-05-09		4	4	4
1000 WASTE MGMT INC DEL	P	2012-05-09	2012-08-08	29590	-511	-511	29079
BANK NORTH C/A ST LMNT	P	2004-12-20	2012-06-15		516	516	516
ADJUSTED CAPITAL GAIN - PTP SALES	P	2011-01-01	2011-12-31		10037	10037	10037
ENTERPRISE PRODUCT PARTNERS LP- EXCESS DISTN OVER TAX BASIS	P	2011-01-01	2011-12-31		7434	7434	7434

Field	Value	IRS element (for citing)
Capital Gain Net Income	71926	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	0	LiableFor4942Tax
Qualifying Distributions Year1	316328	QualifyingDistributionsYear1
Noncharitable Assets Year1	4292689	NoncharitableAssetsYear1
Distribution Ratio Year1	0.073690	DistributionRatioYear1
Qualifying Distributions Year2	467313	QualifyingDistributionsYear2
Noncharitable Assets Year2	3824862	NoncharitableAssetsYear2
Distribution Ratio Year2	0.122178	DistributionRatioYear2
Qualifying Distributions Year3	418663	QualifyingDistributionsYear3
Noncharitable Assets Year3	3925291	NoncharitableAssetsYear3
Distribution Ratio Year3	0.106658	DistributionRatioYear3
Qualifying Distributions Year4	402547	QualifyingDistributionsYear4
Noncharitable Assets Year4	5526010	NoncharitableAssetsYear4
Distribution Ratio Year4	0.072846	DistributionRatioYear4
Qualifying Distributions Year5	168110	QualifyingDistributionsYear5
Noncharitable Assets Year5	5497049	NoncharitableAssetsYear5
Distribution Ratio Year5	0.030582	DistributionRatioYear5
Total Distribution Ratio	0.405954	TotalDistributionRatio
Average Distribution Ratio	0.081191	AverageDistributionRatio
Net Noncharitable Assets	3847492	NetNoncharitableAssets
Adjusted Noncharitable Assets	312382	AdjustedNoncharitableAssets
One Percent Net Investment Income	1483	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	313865	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	421964	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	1483	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	1483	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	1483	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	8254	EstTaxPaymentsAndOverpayment
Total Credits And Payments	8254	TotalCreditsAndPayments
Overpayment	6771	Overpayment
Amount Credited To Next Year	6771	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	0	UnrelatedBusIncomeOver1000
Termination Etc	0	TerminationEtc
Requirements Of Sect508e	1	RequirementsOfSect508e
At Least5000 In Assets	1	AtLeast5000InAssets
States Filed With	CT	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 Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	2123023300	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	C/O GRAF REPETTI 1114 AVENUE OF THE	AddressLine1
Address Line2	AMERICAS	AddressLine2
City	NEW YORK	City
State	NY	State
ZIP Code	10036	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	0	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	0	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	0	TransferAssetsToDsqflyPerson
Payment To Government Offical	0	PaymentToGovernmentOffical
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 (3 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
LILLIAN VERNON
C/O GRAF REPETTI 1114 AVE OF THE	AMERICAS	NEW YORK	NY	10036	TRUSTEE AS NEEDED	0.00	0	0	0
FRED HOCHBERG
40 FIFTH AVE APT 12A		NEW YORK	NY	10011	TRUSTEE AS NEEDED	0.00	0	0	0
DAVID HOCHBERG
C/O GRAF REPETTI 1114 AVE OF THE	AMERICAS	NEW YORK	NY	10036	TRUSTEE AS NEEDED	0.00	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
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE
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	2824820	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	354084	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	727179	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	3906083	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	3906083	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	58591	CashDeemedCharitable
Net Noncharitable Assets	3847492	NetNoncharitableAssets
Minimum Investment Return	192375	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	192375	MinimumInvestmentReturn
Tax Based On Investment Income	1483	TaxBasedOnInvestmentIncome
Total Tax	1483	TotalTax
Distributable Amount Before Adj	190892	DistributableAmountBeforeAdj
Recoveries Qlfy Distributions	0	RecoveriesQlfyDistributions
Distributable Amount Before Ded	190892	DistributableAmountBeforeDed
Deduction Fr Distributable	$0	DeductionFrDistributableAmount
Distributable Amount As Adjusted	190892	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	421964	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Qualifying Distributions	421964	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	1483	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	420481	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	190892	DistributableAmountAsAdjusted
Undistributed Income Prior Year	0	UndistributedIncomePriorYear
Total For Prior Years	0	TotalForPriorYears
Excess Distri Carryover Year4	138946	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	223118	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	279340	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	102634	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	744038	TotalExcessDistriCarryover
Qualifying Distributions	421964	QualifyingDistributions
Applied To Year1	0	AppliedToYear1
Applied To Prior Years	0	AppliedToPriorYears
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	190892	AppliedToCurrentYear
Remaining Distri From Corpus	231072	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	0	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	0	ExcessDistriCyovAppliedCY
Total Corpus	975110	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	0	UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g3	0	DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5	0	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	975110	ExcessDistriCyovToNextYear
Excess From Year4	138946	ExcessFromYear4
Excess From Year3	223118	ExcessFromYear3
Excess From Year2	279340	ExcessFromYear2
Excess From Year1	102634	ExcessFromYear1
Excess From Current Year	231072	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

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

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (24 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount	Address Line1RecipientForeignAddress/AddressLine1	CityRecipientForeignAddress/City	Province Or StateRecipientForeignAddress/ProvinceOrState	CountryRecipientForeignAddress/Country	Postal CodeRecipientForeignAddress/PostalCode
AMERICAN FRIENDS OF THE ISRAEL PHIL
122 EAST 42ND STREET SUITE 4507	NEW YORK	NY	10168	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$3,000
ANNE FRANK CENTER
44 PARK PLACE	NEW YORK	NY	10007	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$2,600
CENTRAL PARK CONSERVANCY
14 E 60TH ST	NEW YORK	NY	10022	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$100
CITY MEALS ON WHEELS
355 LEXINGTON AVENUE	NEW YORK	NY	10017	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$20,000
COLLEGIATE CHORAL
115 EAST 57TH STREET 11TH FLOOR	NEW YORK	NY	10022	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$25,000
CONTRIBUTION FROM PASSTHROUGH
1114 AVENUE OF AMERICAS 17TH FLOOR	NEW YORK	NY	10036	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$44
FILM SOCIETY OF LINCOLN CENTER
70 LINCOLN CENTER PLZ 4	NEW YORK	NY	10023	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$27,350
FOUNDATION FOR GENDER SPECIFIC MEDICINE
903 PARK AVE SUITE 2A	NEW YORK	NY	10075	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$1,200
GREENWOOD COUNSELING REFERRALS
25 SOUTH STREET PO BOX 1549	LITCHFIELD	CT	06759	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$2,000
HACKLEY SCHOOL
293 BENEDICT AVENUE	TARRYTOWN	NY	10591	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$5,000
KAGENO
261 BROADWAY 10 D	NEW YORK	NY	10007	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$50,250
LINCOLN CENTER
10 LINCOLN CENTER PLAZA	NEW YORK	NY	10023	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$19,500
MARK'S MAKING
PO BOX 4271	CHATTANOOGA	TN	37405	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$250
NEW YORK UNIVERSITY
50 WEST 4TH STREET	NEW YORK	NY	10012	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$200,000
NYU CREATIVE WRITING PROGRAM
50 WEST 4TH STREET	NEW YORK	NY	10012	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$25,000
OLD STURBRIDGE VILLAGE
1 OLD STURBRIDGE VILLAGE ROAD	STURBRIDGE	MA	01566	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$200
PARTY WITH PURPOSE
P O BOX 1045	HOBOKEN	NJ	07030	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$200
PATH TO PEACE FOUNDATION
25 E 39TH STREET	NEW YORK	NY	10016	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$2,000
RICHARD TUCKER MUSIC
162 WEST 56TH STREET SUITE 506	NEW YORK	NY	10019	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$1,000
THE METROPOLITIAN OPERA
LINCOLN CENTER	NEW YORK	NY	10023	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$10,000
THE MEUSEUM OF MODERN ART
11 WEST 53RD STREET	NEW YORK	NY	10019	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$10,000
UNIVERSITY OF MIAMI
1320 SOUTH DIXIE HWY	CORAL GABLES	FL	33124	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$500
VICTORY FOUNDATION
				NONE	PUBLIC CHARITY	GENERAL SUPPORT	$5,000	7012 OGDEN ROAD SE	CALGARY	CALGARY	CA	T2C 1B4
WOMEN'S VOICES FOR CHANGE
16 E 90TH ST	NEW YORK	NY	10128	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$5,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	415194	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	$34	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$54,511	ExclusionAmount

Other Investment Income Part VII OtherInvestmentIncomePartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$71,562	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$71,926	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$0	UnrelatedBusinessIncomeAmount
Exclusion	$198,033	ExclusionAmount
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	198033	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	GRAF REPETTI & CO. LLP- ACCOUNTING AND TAX SERVICES	Category
Amount	$10,154	Amount
Net Investment Income	3384	NetInvestmentIncome
Disbursements Charitable Prps	6770	DisbursementsCharitablePrps

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (70 entries)

Name Of StockNameOfStock	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
2900 ALCOA ALUMINUM	92611	25375
1300 AXIS CAPITAL HOLDINGS	39066	42315
2000 BANK OF AMERICA	75437	16360
1350 COMCAST CORP	26431	42390
666 D R HORTON INC.	14392	12241
2100 DIANA SHIPPING, INC.	52501	16338
1100 DOW CHEMICAL	29626	34650
1300 DUKE ENERGY	25153	29978
2130 ENERPLUS CORP.	56583	27385
1960 EQUAL ENERGY LTD.- MERGER	129063	4971
3421 EXCEL MARITIME CARRIERS-SPINOFF QUINTANA*	100906	1899
1900 GLOBAL GEOPHYSICAL SVCS INC	0	0
400 J P MORGAN CHASE	0	0
700 LIBERTY INTERACTIVE	13049	12453
13656 NAVIOS MARITIME HOLDINGS INC.	66253	45338
180 PATRIOT COAL	2278	220
2700 PFIZER INC	50017	62100
5000 SAFE BULKERS INC.	55423	30850
1100 TEEKAY TANKERS LTD	21451	5016
800 TORCHMARK CORP.	31586	60660
2100 SENIOR HSG	43799	46872
1200 WALMART STORES	67733	83664
37100 MOLY MINES	38916	4560
68 DIANA CONTAINERSHIPS INC STOCK RECD ON SPINOFF OF DIANA SHIPPING, INC.	918	505
500 UNITED CONTL HLDGS INC- MERGER AGNST CONTINENTAL AIRLINE INC SHARES 500	15661	12773
500 DEVON ENERGY CORPORATION NEW	33317	28995
1200 FORD MOTOR CO.	12829	11508
500 GRAFTECH INTERNATIONAL LTD.	8075	4825
44000 SIRIUS MINERALS	15861	10696
468 ALLERGAN, INC	23940	43323
1000 AMERICAN EXPRESS CO.	5243	58210
200 AMERIPRISE-DISTRIBUTION FROM AMEX	726	10452
40 ASCENT MEDIA CORP	236	2070
6000 CABLEVISION SYSTEMS	74211	79740
1500 AMC NETWORK INC. CLASS A - DEMERGE	0	53325
1000 CBS CORP	24560	32780
1500 CIRCOR INC.	55777	51135
2000 CRAZY WOMAN CREEK BANC	39920	14100
500 DEERE & CO.	3208	40435
1000 DIRECTV GROUP INC.	26602	48820
800 DISCOVERY COMMUNICATIONS INC - FROM LIBERTY MEDIA	2554	41636
1000 DISH NETWORK (FORMERLY )ECHOSTAR	24816	28550
200 ECHOSTAR HOLDING-SPINOFF	5239	5284
1000 FURMANITE CORPORATION*	3100	4860
1000 GRUPO TELEVISA SA	26570	21480
600 HONEYWELL INTERNATIONAL	22614	33504
3000 JOURNAL COMMUNICATIONS	23736	15480
600 LIBERTY GLOBAL SER A	3570	29778
1000 LIBERTY MEDIA CAP SER A	8373	87910
2000 LIBERTY MEDIA INTERACTIVE A	8728	35550
1000 LIN TV CORP	10852	3020
500 NAVISTAR INTERNATIONAL	4665	14185
1000 NEWS CORP LTD PFD	13041	22290
2000 OCEANEERING INTL	27575	95720
1800 PNM RESOURCES	22491	35172
6700 ROLLS ROYCE PLC	50275	89244
1000 ROWAN COMPANIES	38148	32330
600 SL INDUSTRIES INC.	6048	7914
800 SOUTHWEST GAS CORP	16486	34920
4000 SPRINT NEXTEL CORP	84477	13040
1250 TIME WARNER INC. NEW (REV SPLIT)	40572	48125
1033 VIVENDI SA	14806	19051
1000 WASTE MANAGEMENT	28680	33400
3000 WELLS FARGO	96663	100320
1000 ZEP INC.	13860	13730
2143 MADISON SQUARE GARDEN- DIST FROM CABLEVISION SYSTEMS	19594	80234
1000 SANOFI- RECD AGST GENZYME CORP STOCK	0	1410
3000 SMART BALANCE INC	17301	28170
1000 LAYNE CHRISTENSON CO	19100	20690
3000 THE PEP BOYS	26244	29700

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (11 entries)

Category Or ItemCategoryOrItem	Listed At Cost Or FMVListedAtCostOrFMV	Book ValueBookValue	EOYFMVEOYFMV
1200 ENBRIDGE ENERGY PARTNERS	AT COST	4522	36924
5600 ENCORE ENERGY PARTNERS LP	AT COST	0	0
1900 ENERGY TRANSFER PARTNERS LP	AT COST	24190	83961
3100 ENTERPRISE PRODUCTS PARTNERS LP	AT COST	0	158844
GAMCO MEDICAL OPPORTUNITIES LP	AT COST	275914	0
3000 NUSTAR GP HOLDINGS LLC	AT COST	38068	93120
1447 PLAINS ALL AMERICAN PIPELINE LP	AT COST	25598	116932
2400 REGENCY ENERGY PARTNERS LP	AT COST	3566	57048
300 STONEMOR PARTNERS LP	AT COST	5865	7776
4300 NAVIOUS MARITIME	AT COST	74262	58437
4200 VANGUARD NATURAL RESOURCES LLC	AT COST	90302	109032

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases (2 entries)

DescriptionDescription	AmountAmount
NONDEDUCTIBLE EXPENSES FROM PASSTHROUGH ENTITIES	$312
ADJUST BOOK TO TAX BASIS OF SECURITIES SOLD	$100,575

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome
INVESTMENT ADVISORY FEES	15401	15401
ORDINARY LOSSES FROM K-1'S-SEE SCHEDULE ATTACHED	14732	14732
MISC EXPENSE	5220	5220

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Field	Value	IRS element (for citing)
Description	ORDINARY GAIN FROM SALE OF PARTNERSHIP INTEREST	Description
Revenue And Expenses Per Books	71562	RevenueAndExpensesPerBooks
Net Investment Income	71562	NetInvestmentIncome
Adjusted Net Income	71562	AdjustedNetIncome

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Field	Value	IRS element (for citing)
Description	PARTNERSHIP DISTRIBUTION IN EXCESS OF BASIS	Description
Amount	$524	Amount

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Field	Value	IRS element (for citing)
Category	WALTER KRIEGER- INVESTMENT ADVISORY FEES	Category
Amount	$9,500	Amount
Net Investment Income	9500	NetInvestmentIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	FOREIGN TAX PAID	Category
Amount	$1,518	Amount
Net Investment Income	1517	NetInvestmentIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps

LILLIAN VERNON FOUNDATION: Form 990PF, tax year 2011

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 (31 entries)

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of Business Name BooksInCareOfBusinessName

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 (3 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 (24 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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (70 entries)

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (11 entries)

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases (2 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Taxes Schedule TaxesSchedule

Taxes Taxes

Comments