2025-05-09T10:30:24-05:00 2024-12-31 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990PF 2024-01-01 136176855 FLORENCE GOULD FOUNDATION FLOR 2127013292 CO CAHILL 32 OLD SLIP NEW YORK NY 10005 ANNE H YOUNG PRESIDENT 2129498700 2025-05-05 1 1 BARBARA TAIBI P00179526 2129498700 2024 2025-03-06 01:10:19Z X 384157 X X 8421 8421 0 8421 8421 0 0 0 0 0 16027 0 0 16027 18295 12807 0 5488 315 315 0 0 26 0 0 0 25102 0 0 25102 59765 13122 0 46617 150000 150000 209765 13122 0 196617 -201344 0 0 5000 50983 50983 181827 80364 80364 141900 109994 252810 328727 241341 384157 0 0 X 328727 241341 0 0 0 0 328727 241341 328727 241341 328727 -201344 113958 241341 0 241341 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 NY 1 0 0 0 0 1 N/A CAHILL GORDON & REINDEL LLP 2127013292 32 OLD SLIP NEW YORK NY 10005 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ANNE H YOUNG C/O CAHILL 32 OLD SLIP NEW YORK NY 10005 PRESIDENT, DIRECTOR 5.00 0 0 0 JOAN MURTAGH FRANKEL C/O CAHILL 32 OLD SLIP NEW YORK NY 10005 VICE PRES, SECRETARY, DIRECTOR 5.00 0 0 0 MARY YOUNG C/O CAHILL 32 OLD SLIP NEW YORK NY 10005 VICE PRES, TREASURER, DIRECTOR 5.00 0 0 0 NONE 0 NONE 0 0 0 189669 0 189669 0 0 189669 2845 186824 9341 9341 0 9341 0 9341 0 9341 196617 0 196617 9341 0 2023 2022 2021 0 1207261 933570 5489418 18277974 2755891 28664114 196617 0 0 0 9341 187276 0 0 28851390 0 0 0 0 0 0 1207261 27644129 933570 5489418 18277974 2755891 187276 X FRENCH HERITAGE SOCIETY 14 EAST 60TH ST SUITE 605 NEW YORK NY 10022 NONE PC GENERAL SUPPORT 150000 150000 0 14 8421 0 8421 0 8421 0 0 0 0 0 0 0 0 0 0 EISNER ADVISORY GROUP LLC 18295 12807 0 5488 DURING 2023, THE FOUNDATION MADE GRANTS TOTALING $2,697,000 WHICH RESULTED IN A SUBSTANTIAL CONTRACTION. DURING 2024, THE ONLY GRANT PAID BY THE FOUNDATION WAS IN THE AMOUNT OF $150,000 PAID TO FRENCH HERITAGE SOCIETY, LEAVING A BALANCE OF $384,157 IN THE FOUNDATION AS OF DECEMBER 31, 2024. WHILE THE MEMBER AND DIRECTORS OF THE FOUNDATION HAD ANTICIPATED THAT THEY WOULD BE ADOPTING A PLAN FOR DISSOLUTION PRIOR TO THE END OF 2024, OUR COMPLETION OF THE DISSOLUTION OF THE FOUNDATION HAS BEEN DELAYED DUE TO THE DEATH OF PAULETTE BENUCCI, THE LIFE BENEFICIARY OF ONE OF THE ANNUITY TRUSTS UNDER THE WILL OF FLORENCE GOULD OF WHICH THE FOUNDATION IS THE REMAINDER BENEFICIARY. WHILE MS. BENUCCI DIED ON SEPTEMBER 8, 2023, NO DISTRIBUTION WAS MADE TO THE FOUNDATION BY BANK OF AMERICA, TRUSTEE OF THE ANNUITY TRUST, UNTIL LATE IN 2024. ON NOVEMBER 4, 2024, THE FOUNDATION RECEIVED A WIRE TRANSFER IN THE AMOUNT OF $145,864.31 FROM THE BENUCCI TRUST. BANK OF AMERICA, AS TRUSTEE, RETAINED A CASH RESERVE THAT WILL NOT BE DISTRIBUTED TO THE FOUNDATION UNTIL THE BANK HAS SUBMITTED AN ACCOUNTING WITH RESPECT TO THE ADMINISTRATION OF THE TRUST TO THE CHARITIES BUREAU OF THE NEW YORK STATE ATTORNEY GENERAL'S OFFICE AND HAS RECEIVED A "NO ACTION" LETTER WITH RESPECT TO THE ACCOUNTING. THE VALUE OF THE REMAINING CASH EQUIVALENTS IN THE BENUCCI TRUST AS OF DECEMBER 31, 2024, WAS $27,109.60. BECAUSE THE FOUNDATION PLANS TO SUBMIT AN APPLICATION TO THE OFFICE OF THE ATTORNEY GENERAL FOR APPROVAL OF A "NO ASSETS" DISSOLUTION, WE CANNOT PROCEED UNTIL THE RESERVE HAS BEEN DISTRIBUTED TO THE FOUNDATION FROM THE BENUCCI TRUST AND THE FOUNDATION CAN MAKE FINAL DISTRIBUTION OF ITS ASSETS. AS SOON AS THE FOUNDATION IS IN A POSITION TO PROCEED, THE DIRECTORS AND MEMBER WILL ADOPT THE NECESSARY RESOLUTIONS AND CONSENTS AND WE WILL FILE CERTIFIED COPIES OF SAME WITH THE FORM 990-PF FOR THE YEAR OF ADOPTION. WHILE WE ARE HOPEFUL THAT THE DISSOLUTION WILL BE COMPLETED DURING 2025, THE RESPONSIBLE OFFICER AT BANK OF AMERICA ADVISED THE FOUNDATION ON APRIL 7, 2025, THAT THE ACCOUNTING HAD NOT YET BEEN COMPLETED FOR SUBMISSION TO THE ATTORNEY GENERAL. ONCE THE ACCOUNTING HAS BEEN SUBMITTED FOR APPROVAL, WE HAVE NO CONTROL OVER HOW LONG IT WILL TAKE FOR THE CHARITIES BUREAU TO COMPLETE ITS REVIEW. CAHILL GORDON & REINDEL LLP 14807 0 0 14807 LUSSAN & ASSOCIATES 1220 0 0 1220 INTEREST IN TR: BENUCCI 65200 27110 27110 INTEREST IN TR: GUIDETTI 40972 42820 128932 INTEREST IN TR: ABRIL 16782 18735 48912 INTEREST IN TR: AMIAND 18946 21329 47856 INSURANCE EXPENSE 1989 0 0 1989 CAHILL - CHARITABLE ADMIN SVCS 23113 0 0 23113 CHANGE IN VALUE OF INTERESTS IN TRUSTS 113958 BANK OF AMERICA 315 315 0 0 TAX EXPENSE 26 0 0 0