WEILL FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- WEILL FAMILY FOUNDATION (EIN 13-6223609)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2022-06-27
- IRS object ID
- 202211789349100206
- Schema version
- 2020v4.1
- 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
- Schedule B
- Accounting Fees Schedule
- Contractor Compensation Expln
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-06-27T08:50:56-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
| Disaster Relief | HURRICANE IDA | DisasterReliefTxt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Independent Family Office LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 677 Broadway 7th Floor | AddressLine1Txt |
| City | Albany | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12207 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136223609 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE WEILL FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % INDEPENDENT FAMILY OFFICE L | InCareOfNm |
| Business Name Control | WEIL | BusinessNameControlTxt |
| Phone | 5183011679 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 10879 | AddressLine1Txt |
| City | Albany | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SANFORD WEILL | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 2127938888 | PhoneNum |
| Signature | 2022-01-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SANFORD | PersonFirstNm |
| Person Last | WEILL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Viju P Rajan | PreparerPersonNm |
| PTIN | P01063393 | PTIN |
| Phone | 5184528050 | PhoneNum |
| Preparation | 2021-12-31 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $352,967,193 | 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 | $18,550,177 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,631,705 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,631,705 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,746,624 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,746,624 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $954,733 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $96,535,248 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $11,067,308 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,207,074 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $116,713 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $26,090,313 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $15,562,350 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $72,594 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $54,126 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $54,126 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $5,133 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $5,133 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $258,375 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $56,363 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $0 | TravConfMeetingRevAndExpnssAmt |
| Printing And Pub Rev And Expnss | $0 | PrintingAndPubRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $145,895 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $145,735 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $536,123 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $261,357 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $9,004,024 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $9,004,024 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $9,540,147 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $261,357 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $9,004,024 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $16,550,166 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $15,300,993 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $68,538 | CashBOYAmt |
| Cash EOY | $31,249 | CashEOYAmt |
| Cash EOYFMV | $31,249 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $27,908,652 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $55,518,101 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $55,518,101 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $140,051,179 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $114,231,757 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $114,242,280 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $108,048,193 | CorporateStockBOYAmt |
| Corporate Stock EOY | $128,751,178 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $132,199,165 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $42,996,407 | OtherAssetsBOYAmt |
| Other Assets EOY | $37,090,850 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $50,976,398 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $319,072,969 | TotalAssetsBOYAmt |
| Total Assets EOY | $335,623,135 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $352,967,193 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $319,072,969 | RetainedEarningBOYAmt |
| Retained Earning EOY | $335,623,135 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $319,072,969 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $335,623,135 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $319,072,969 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $335,623,135 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $319,072,969 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $16,550,166 | ExcessRevenueOverExpensesAmt |
| Subtotal | $335,623,135 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $335,623,135 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| LONG TERM- SEE ATTACHED | $47,069,447 | $37,989,209 | $9,088,036 | $9,080,238 |
| SHORT TERM- SEE ATTACHED | $49,466,070 | $47,500,615 | $1,979,272 | $1,965,455 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $11,067,308 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $212,684 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $212,684 | SubtotalAmt |
| Tax Based On Investment Income | $212,684 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $350,277 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $350,277 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $137,593 | OverpaymentAmt |
| Applied To ES Tax | $137,593 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDEPENDENT FAMILY OFFICE LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5183011679 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 677 BROADWAY | AddressLine1Txt |
| City | Albany | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12207 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 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 |
|---|---|---|---|---|---|---|---|---|
| SANFORD WEILL | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | CHAIRMAN, TREAS, DIR | 5.0 | $0 | $0 | $0 |
| JOAN WEILL | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | PRESIDENT, DIRECTOR | 5.0 | $0 | $0 | $0 |
| MICHAEL MASIN | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | SECRETARY, DIRECTOR | 1.0 | $0 | $0 | $0 |
| JESSICA BIBLIOWICZ | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| ARTHUR MAHON | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | ASST SEC, ASST TREAS, DIRECTOR | 1.0 | $0 | $0 | $0 |
| TOMMY BIBLIOWICZ | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | Director | 1.0 | $0 | $0 | $0 |
| DAVID BIBLIOWICZ | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | Director | 1.0 | $0 | $0 | $0 |
| MICHAEL FREEDMAN | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | CHIEF INVESTMENT OFFICER, DIR | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| INDEPENDENT FAMILY OFFICE LLC | |||||
| PO Box 10879 | ALBANY | NY | 12201 | TAX & REPORTING | $108,249 |
| EAGLE CAPITAL MANAGEMENT | |||||
| 499 PARK AVENUE 17TH FLOOR | NEW YORK | NY | 10022 | 0 | $64,179 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $227,175,685 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $40,268,076 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $45,991,855 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $313,435,616 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $313,435,616 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,701,534 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $308,734,082 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $15,436,704 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $15,436,704 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $212,684 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $212,684 | TotalTaxAmt |
| Distributable Before Adj | $15,224,020 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $15,224,020 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $15,224,020 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $9,004,024 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $9,004,024 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $9,004,024 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $15,224,020 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $164,789 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $164,789 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $9,004,024 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $9,004,024 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $164,789 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $164,789 | ExcessDistributionCyovAppCYAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $6,055,207 | UndistributedIncomeCYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SANFORD I WEILL | ContributingManagerNm |
| Contributing Manager | JOAN H WEILL | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION | ||||||||
| 220 MONTGOMERY STREET 5TH FLOOR | UCSF BOX 0248 | SAN FRANCISCO | CA | 94143 | NONE | PC | SATISFACTION OF A PLEDGE | $894,870 |
| CORNELL UNIVERSITY | ||||||||
| 130 EAST SENECA STREET SUITE 400 | ITHACA | NY | 148504353 | NONE | PC | SATISFACTION OF A PLEDGE | $7,939,154 | |
| LANG LANG INTERNATIONAL MUSIC FOUNDATION INC | ||||||||
| 215 W 40TH STREET SUITE 1101 | NEW YORK | NY | 10018 | NONE | PC | GENERAL CHARITABLE NEEDS | $100,000 | |
| COUNCIL ON FOREIGN RELATIONS | ||||||||
| 58 EAST 68TH STREET | NEW YORK | NY | 10065 | NONE | PC | GENERAL CHARITABLE NEEDS | $50,000 | |
| EQUAL JUSTICE INITIATIVE | ||||||||
| 122 COMMERCE STREET | MONTGOMERY | AL | 36104 | NONE | PC | GENERAL CHARITABLE NEEDS | $5,000 | |
| SAFEHOUSE DENVER | ||||||||
| 1649 DOWNING STREET | DENVER | CO | 80218 | NONE | PC | GENERAL CHARITABLE NEEDS | $10,000 | |
| WORLD CENTRAL KITCHEN | ||||||||
| 655 NEW YORK AVE NW 6TH FLOOR | WASHINGTON | DC | 20001 | NONE | PC | GENERAL CHARITABLE NEEDS | $5,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $9,004,024 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,631,705 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,746,624 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $116,713 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $954,733 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionAmt | ExclusionExclusionCd |
|---|---|---|
| 2019 TAX REFUND | $75,277 | |
| UNREALIZED GAIN ON GRANTS PAID | $2,015,084 | 18 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $7,540,136 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $7,540,136 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | SANFORD I WEILL | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 10879 | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $18,550,177 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (5 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 1,500 SHARES OF ALPHABET INC. | $2,539,719 | 2020-09-02 |
| 1 | 9,950 SHARES OF FEDEX CORPORATION | $2,438,496 | 2020-09-18 |
| 1 | 25,000 SHARES OF JOHNSON & JOHNSON | $3,663,086 | 2020-11-19 |
| 1 | 50,000 SHARES OF GENERAL MOTORS CO. | $2,294,500 | 2020-11-24 |
| 1 | 150,000 SHARES OF CHARLES SCHWAB CORP. | $7,614,375 | 2020-12-07 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| AUDIT FEES | $18,469 |
| TAX PREP & GRANT ADMIN | $54,125 |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (2 entries)
| ExplanationExplanationTxt |
|---|
| INDEPENDENT FAMILY OFFICE LLC |
| PROVIDE TAX AND REPORTING SERVICES |
| EAGLE CAPITAL MANAGEMENT |
| PROVIDE INVESTMENT MANAGEMENT |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MORGAN STANLEY #9887 | $30,692,201 | $31,531,686 |
| CITI PRIVATE BANK #7768 | $10,061,314 | $12,920,847 |
| GOLDMAN SACHS #4729 | $32,884,095 | $30,723,017 |
| MERRILL LYNCH #2608 | $21,583,049 | $23,842,800 |
| CHARLES SCHWAB #7414 | $26,579,240 | $26,186,500 |
| CITI PRIVATE BANK #6768 | $6,951,279 | $6,994,315 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $114,231,757 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $114,242,280 | USGovtObligationsEOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (14 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CANYON LAUREL INVESTMENT FUND | $3,202,981 | $2,258,338 | $2,354,189 |
| DRAGONEER OPPS OFFSHORE IV | $889,029 | $2,762,558 | $5,774,260 |
| EUROPE ENTERPRISE II ONSHORE | $306,855 | $188,859 | $62,878 |
| GLOBAL ATLANTIC FINANCIAL GR | $2,018,215 | $2,017,784 | $3,085,563 |
| HAMILTON INSURANCE GROUP LP | $10,472,519 | $10,472,519 | $9,099,935 |
| PFM HEALTHCARE OFFSHORE FUND | $10,000,000 | $10,000,000 | $13,216,837 |
| RRE VENTURES IV LP | $833,144 | $481,241 | $2,686,649 |
| RRE VENTURES V LP | $1,525,933 | $1,319,263 | $5,967,201 |
| STERLING AMERICAN PROPERTY V-C | $2,604,107 | $2,279,355 | $716,214 |
| TEGEAN OFFSHORE FUND, LTD | $1,742,691 | $0 | $0 |
| TWO SIGMA COMPASS CAYMAN FUND | $5,000,000 | $0 | $0 |
| TWO SIGMA SPECTRUM CAYMAN FUND | $4,400,933 | $4,400,933 | $7,123,709 |
| DRAGONEER OPPS OFFSHORE V | $0 | $510,000 | $488,963 |
| PARTNER INVESTMENTS | $0 | $400,000 | $400,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CANYON LAUREL INVESTMENT FUND | $3,195 | $3,195 |
| CVC EUROPE ENTERPRISE II ONSHO | $8,994 | $8,994 |
| RRE VENTURES IV | $9,316 | $9,306 |
| RRE VENTURES V | $40,588 | $40,588 |
| STERLING AMERICAN PROPERTY | $12,457 | $12,457 |
| CITI EAGLE - MANAGEMENT FEES | $69,195 | $69,195 |
| BANK FEES | $2,150 | $2,000 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CVC EUROPE ENTERPRISE II ONSHORE, LP | $16 | $16 |
| RRE VENTURES IV, LP | $102,263 | $102,263 |
| RRE VENTURES V, LP | $14,418 | $14,418 |
| STERLING AMERICAN PROPERTY | $16 | $16 |
| US TREASURY - 2019 TAX REFUND APPLIED | $75,277 | $0 |
| UNREALIZED GAIN ON GRANTS PAID | $2,015,084 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FINANCIAL REPORTING | CategoryTxt |
| Amt | $54,126 | Amt |
| Net Investment Income | $54,126 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OVERPAYMENT APPLIED FROM 2019 | $75,277 | $0 |
| 990-PF 2020 ESTIMATE | $125,000 | $0 |
| MERRILL LYNCH FOREIGN TAX PAID | $14,100 | $14,100 |
| SCHWAB FOREIGN TAX PAID | $41,421 | $41,421 |
| CITI EAGLE FOREIGN TAX PAID | $842 | $842 |
| STATE FILING FEES | $1,735 | $0 |