2024-07-18T22:03:03-05:00 2022-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2022-01-01 453824368 City Hill Foundation % Foundation Source CITY 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 conyee lim co-president 8008391754 2024-07-10 true conyee lim 999009999 Jeffrey D Haskell P01345770 8008391754 2022 2023-04-26 12:10:37Z X X 10446400 X 0 X 3677 3677 87277 87277 324888 4264151 324888 20625 20625 20625 436467 436467 20625 0 89892 89892 15083 283 12555 30 12525 117530 90205 12525 3000000 3000000 3117530 90205 3012525 -2681063 346262 20625 346580 238732 238732 7837012 6814683 8140034 2835520 273354 247508 700000 700000 820126 1000000 1000000 11719112 9026769 10446400 24004 12724 24004 12724 X 11695108 9014045 11695108 9014045 11719112 9026769 11695108 -2681063 9014045 9014045 Publicly-traded Securities 4264151 3939263 324888 324888 324888 4813 4813 4813 9586 0 9586 X 0 4773 4312 461 false false false false false false true true true DE true false false false true true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Conyee Lim Foundation Source 501 Silverside Rd Wilmington DE 198091377 Co- Pres, Dir 3.0 0 0 0 Jonathan Lim Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Sec, Co- Pres 1.0 0 0 0 Goldman Sachs & CO LLC 2121 Avenue of the Start STE 2600 LOS ANGELOS CA 900675050 Investment MGMT 74720 CAMBRIDGE SCHOOL PRI - GENERAL SUPPORT IN FURTHERANCE OF CAMBRIDGE SCHOOL'S CHARITABLE AND EDUCATIONAL OPERATIONS 1000000 1000000 9798331 347835 820126 10966292 0 10966292 164494 10801798 540090 540090 4813 4813 535277 535277 535277 3012525 1000000 0 0 0 4012525 535277 2020 2019 2018 14706 14706 4012525 535277 3477248 3491954 0 3491954 14706 3477248 NONE X CAMBRIDGE SCHOOL 12855 BLACK MOUNTAIN RD SAN DIEGO CA 92129 N/A PC General & Unrestricted 2000000 FIDELITY INVESTMENTS CHARITABLE GIFT FUND PO BOX 770001 CINCINNATI OH 45277 N/A PC General & Unrestricted 50000 FIDELITY INVESTMENTS CHARITABLE GIFT FUND PO BOX 770001 CINCINNATI OH 45277 N/A PC City Hill Foundation Donor Advised Fund 950000 3000000 14 3677 14 87277 18 324888 INTEREST INCOME FROM PRI 20625 415842 20625 436467 11 Interest income from Program Related Investment, Cambridge School - see Part VIII-B for a description of this program-related investment false false false false false false false false false false BANK AMER CORP FR - 4.200% - 0 26031 24626 BOEING CO - 0.026% - 10/30/202 26245 23231 BUNGE LTD FINANCE CORP SR NT C 32589 27980 CAPITAL ONE FINL CORP - 3.750% 24453 24524 CBS CORP NOTE - 3.375% - 02/15 19040 17749 JPMORGAN CHASE &CO NOTE - 2.95 33233 28046 KROGER CO - 3.700% - 08/01/202 33617 28399 VALERO ENERGY - 0.000% - 03/15 26248 24196 WELLS FARGO CO MTN BE - 3.450% 25878 24953 WESTERN UN CO NOTE CALL MAKE W 26020 23804 ABBVIE INC 4596 8081 ACTIVISION BLIZZARD INC 6092 7655 ADOBE SYSTEMS, INC 7771 6731 ADVANCED MICRO DEVICES INC 8444 5829 ALPHABET INC CL A 2370 13676 AMAZON COM 2336 11760 AMGEN INC 6402 13920 AMPHENOL CORPORATION 3971 7614 ANALOG DEVICES INC 3523 14763 APPLE INC 6471 35731 APPLIED MATERIALS INC 1730 13633 BANK OF AMERICA CORP 2607 11261 BIOGEN INC 7113 8308 BLACKROCK INC 4042 12047 BLACKROCK INDEX FDS INTL FD K 1728199 1742175 BLACKROCK SMALL CAP INDEX FUND 613520 648714 BOEING CO 2638 6667 BRISTOL-MYERS SQUIBB CO 3913 5037 BROADCOM INC 3172 10623 CANADIAN PACIFIC RAILWAY LTD 2371 7310 CAPITAL ONE FINANCIAL CORP 3767 6972 CATERPILLAR INC 4641 9582 CENTENE CORP 4824 7381 CHECK POINT SOFTWARE TECHNOLOG 3876 4416 CHEVRON CORP 10426 14359 CHUBB LIMITED 3149 5515 CITIGROUP INC 5957 6332 CORTEVA INC 1317 4467 COSTCO WHOLESALE CORPORATION 2638 14152 CSX CORP 3028 13321 DEERE CO 2366 11148 DIAGEO PLC ADS 4940 6771 DOLLAR GENERAL CORP 9652 12313 DOW INC 3897 5845 EXXON MOBIL CORP 7696 9927 FIRST REPUBLIC BANK 3501 7313 FREEPORT-MCMORAN COPPER & GOLD 5809 11400 GILEAD SCIENCES INC 2315 8585 GOLDMAN SACHS GROUP 5697 11675 HOME DEPOT INC 2943 11371 HONEYWELL INTL 4842 14572 ILLINOIS TOOL WORKS 4315 16963 INTEL CORP 4660 3965 INTERCONTINENTAL EXCHANGE, INC 3793 10259 INTERNATIONAL BUSINESS MACHINE 7248 5636 INTUIT 3407 16347 ISHARES S&P 500 INDEX FUND CL 3358126 4240018 JOHNSON & JOHNSON 7879 10599 JP MORGAN CHASE 6962 10058 L3HARRIS TECHNOLOGIES 4552 5622 LABORATORY CORP AMER HLDGS 2457 5887 LINDE PLC COM 4106 12395 LOCKHEED MARTIN CORP 5068 6324 LOWES COMPANIES INC 1760 12353 LVMH MOET HENN UNSP 2995 13038 MARTIN MARIETTA MATLS INC 3841 5745 MASTERCARD INC 3810 17387 MEDTRONIC PLC 4232 4275 MERCADOLIBRE, INC 4700 6770 META PLATFORMS INC 6160 4934 MICROSOFT CORP 6690 38371 MORGAN STANLEY 1859 8502 NASDAQ OMX GROUP 1782 10123 NICE SYSTEMS LTD 3812 6538 NORFOLK SOUTHERN CORP 3491 12321 NVIDIA CORP 3831 8476 ORACLE CORP 4734 13487 PARKER HANNIFIN CP 3549 8148 PAYPAL HOLDINGS, INC 2706 6623 PULTE GROUP INC 5888 6830 QORVO INC 3845 4532 RAYTHEON TECHNOLOGIES CORP 6819 15138 REGENERON PHARMACEUTICALS INC 4989 5772 RESMED INC 2293 8117 ROCHE HOLDING LTD ADR 5067 6264 ROCKWELL AUTOMATION INC 6258 9530 SALESFORCE.COM 2901 6630 SAP AKTIENGESELL ADS 5365 8255 SHOPIFY INC 8530 3471 SKYWORKS SOLUTIONS, INC 4235 5012 STARBUCKS CORP COM 3753 6448 STATE STREET EMERGING MARKETS 348543 310804 STRYKER CORPORATION 3282 8557 SVB FINANCIAL GROUP 3008 3912 TAIWAN SEMICONDUCTOR MFG CO LT 2289 11918 TARGET CORPORATION 6716 4024 THERMO FISHER SCIENTIFIC INC 2832 27535 UNILEVER PLC AMER 5346 5035 UNION PACIFIC 6051 13460 VALERO ENERGY CORP 5947 11417 VANGUARD GLOBAL EX-US REAL EST 185316 143284 VANGUARD SF REIT ETF 169312 168177 VEEVA SYSTEMS INC 5958 5648 VMWARE INC 2056 8102 WALT DISNEY HOLDINGS CO 5188 6082 WELLS FARGO & CO 8126 8258 ZIMMER BIOMET HOLDINGS 3598 7650 ZIMVIE ORD SHS 85 56 HEDGE FUND SELECT: MILLENIUM L 700000 820126 AS EXPLAINED BELOW, THE FOUNDATION HAS NO PLANS FOR DISSOLUTION. THIS STATEMENT IS SUBMITTED TO REPORT THE DISTRIBUTION OF CERTAIN ASSETS DURING THE YEAR. THE DISTRIBUTIONS RESULTED IN A SUBSTANTIAL CONTRACTION OF ASSETS. THE FOLLOWING INFORMATION IS SUBMITTED IN ACCORDANCE WITH TREASURY REGULATION SECTION 1.6043-3(A)(1) AND THE FORM 990-PF INSTRUCTIONS: DURING THE TAXABLE YEAR ENDING DECEMBER 31, 2022, THE FOUNDATION MADE DISTRIBUTIONS FROM ASSETS FROM SOURCES OTHER THAN CURRENT INCOME. COLLECTIVELY, THE DISTRIBUTIONS IN EXCESS OF CURRENT INCOME TOTALED $3,979,375. THIS AMOUNT REPRESENTS 25% OR MORE OF THE FOUNDATION'S NET ASSETS OF $15,429,761 (AS MEASURED BY FAIR MARKET VALUE) AT THE BEGINNING OF THE FOUNDATION'S TAXABLE YEAR ENDING DECEMBER 31, 2022. ALTHOUGH THE FOUNDATION TECHNICALLY EXPERIENCED A SUBSTANTIAL CONTRACTION, IT WILL CONTINUE IN EXISTENCE AND HAS NO PLANS FOR DISSOLUTION. THE FOUNDATION MADE DISTRIBUTIONS OF CASH TO THE GRANTEES LISTED IN THE ATTACHMENT TO PART XIV, LINE 3A; EACH SUCH GRANT WAS MADE SOLELY FOR THE CHARITABLE PURPOSE SPECIFIED THEREIN. PRI - CAMBRIDGE SCHOOL 1000000 1000000 Administrative Fees 12500 12500 Bank Charges 30 30 State or Local Filing Fees 25 25 Interest income from PRI 20625 20625 20625 OUTSTANDING OPTIONS 24004 12724 Investment Management Services 89892 89892 990-PF Estimated Tax for 2022 9400 990-PF Extension for 2021 5400 Foreign Tax Paid 283 283