WEILL FAMILY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- WEILL FAMILY FOUNDATION (EIN 13-6223609)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202203189349103485
- Schema version
- 2021v4.2
- 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
- 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 | 2022-11-14T12:03:23-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
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 | 2021-01-01 | 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 | 2022-11-15 | 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 | 2022-11-11 | 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 | 2021 | 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 | $411,518,246 | 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 | $26,997,668 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $184,102 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $184,102 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,694,058 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,694,058 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $27,314,028 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $304,190,430 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $43,122,022 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $144,712 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $5,221 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $58,334,568 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $47,005,403 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $67,640 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $67,640 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $50,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $50,000 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $450 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $450 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $845,922 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $33,279 | TaxesNetInvstIncmAmt |
| Printing And Pub Rev And Expnss | $160 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $218,406 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $218,232 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $1,182,578 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $301,961 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $67,640 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,736,457 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,736,457 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,919,035 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $301,961 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,804,097 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $50,415,533 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $46,703,442 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $31,249 | CashBOYAmt |
| Cash EOY | $326,560 | CashEOYAmt |
| Cash EOYFMV | $326,560 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $55,518,101 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $219,800,072 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $219,800,072 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $114,231,757 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $128,751,178 | CorporateStockBOYAmt |
| Corporate Stock EOY | $130,682,914 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $135,929,226 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $37,090,850 | OtherAssetsBOYAmt |
| Other Assets EOY | $35,229,122 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $55,462,388 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $335,623,135 | TotalAssetsBOYAmt |
| Total Assets EOY | $386,038,668 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $411,518,246 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $335,623,135 | RetainedEarningBOYAmt |
| Retained Earning EOY | $386,038,668 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $335,623,135 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $386,038,668 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $335,623,135 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $386,038,668 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $335,623,135 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $50,415,533 | ExcessRevenueOverExpensesAmt |
| Subtotal | $386,038,668 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $386,038,668 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| LONG-TERM COVERED (SEE ATTACHED) | $236,747,167 | $206,125,912 | $30,621,255 | $30,621,255 |
| SHORT-TERM COVERED (SEE ATTACHED) | $67,384,185 | $54,892,951 | $12,491,234 | $12,491,234 |
| LONG-TERM NONCOVERED (SEE ATTACHED) | $58,655 | $49,122 | $9,533 | $9,533 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $43,122,022 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $649,178 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $649,178 | SubtotalAmt |
| Tax Based On Investment Income | $649,178 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $662,593 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $50,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $712,593 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $63,415 | OverpaymentAmt |
| Applied To ES Tax | $63,415 | 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 7TH FLOOR | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| 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 (10 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 |
| MARC WEILL | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| VIJU RAJAN | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | DIRECTOR, AUDIT COMMITTEE | 8.0 | $0 | $0 | $100,000 |
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 | FOUNDATION ADMIN | $100,022 |
| EAGLE CAPITAL MANAGEMENT | |||||
| 499 PARK AVENUE 17TH FLOOR | NEW YORK | NY | 10022 | 0 | $136,682 |
| 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 | $165,341,774 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $173,133,972 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $55,861,188 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $394,336,934 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $394,336,934 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,915,054 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $388,421,880 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $19,421,094 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $19,421,094 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $649,178 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $649,178 | TotalTaxAmt |
| Distributable Before Adj | $18,771,916 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $18,771,916 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $18,771,916 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,804,097 | 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 | $6,804,097 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $18,771,916 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $6,055,207 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Qualifying Distributions | $6,804,097 | QualifyingDistributionsAmt |
| Applied To Year1 | $6,055,207 | AppliedToYear1Amt |
| Applied To Current Year | $748,890 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Undistributed Income CY | $18,023,026 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| 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 | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| THE CARNEGIE HALL CORPORATION | |||||||
| 881 SEVENTH AVENUE | NEW YORK | NY | 10019 | NONE | PC | SATISFACTION OF A PLEDGE | $2,957,725 |
| REGENTS OF THE UNIVERSITY OF MICHIGAN | |||||||
| 3003 SOUTH STATE STREET SUITE 8000 | ANN ARBOR | MI | 481091288 | NONE | PC | SATISFACTION OF A PLEDGE | $3,683,732 |
| LANG LANG INTERNATIONAL MUSIC FOUNDATION INC | |||||||
| 14006 ISLAMORADA DRIVE | ORLANDO | FL | 32837 | NONE | PC | GENERAL CHARITABLE NEEDS | $50,000 |
| COUNCIL ON FOREIGN RELATIONS | |||||||
| 58 EAST 68TH STREET | NEW YORK | NY | 10065 | NONE | PC | GENERAL CHARITABLE NEEDS | $25,000 |
| EQUAL JUSTICE INITIATIVE | |||||||
| 122 COMMERCE STREET | MONTGOMERY | AL | 36104 | NONE | PC | GENERAL CHARITABLE NEEDS | $5,000 |
| CENTER FOR REPRODUCTIVE RIGHTS INC | |||||||
| 199 WATER STREET FL 22 | NEW YORK | NY | 10038 | NONE | PC | GENERAL CHARITABLE NEEDS | $5,000 |
| FAIR GIRLS INC | |||||||
| 2021 L street NW 101-254 | WASHINGTON | DC | 20036 | NONE | PC | GENERAL CHARITABLE NEEDS | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,736,457 | 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 | $184,102 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,694,058 | 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 Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,119 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $27,314,028 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 2020 TAX REFUND | Desc |
| Exclusion | $137,593 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $31,336,900 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $31,336,900 | 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 | $26,997,668 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (6 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 50,000 SHARES OF GENERAL MOTORS CO | $2,706,000 | 2021-02-03 |
| 1 | 75,611 SHARES OF MORGAN STANLEY | $6,190,651 | 2021-03-08 |
| 1 | 140,088 SHARES OF RAYTHEON TECHNOLOGIES | $11,797,518 | 2021-05-06 |
| 1 | 26,148 SHARES OF OUTSET MEDICAL INC | $1,237,977 | 2021-06-10 |
| 1 | 10,000 SHARES OF MICROSOFT CORP | $3,289,300 | 2021-11-01 |
| 1 | 5,400 SHARES OF MICROSOFT CORP | $1,776,222 | 2021-11-01 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| AUDIT FEES | $17,640 | $17,640 |
| TAX PREP & GRANT ADMIN | $50,000 | $50,000 |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (2 entries)
| ExplanationExplanationTxt |
|---|
| INDEPENDENT FAMILY OFFICE LLC |
| PROVIDE TAX, REPORTING, AND ADMINISTRATION 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 | $14,703,589 | $15,496,448 |
| CITI PRIVATE BANK #7768 | $24,702,708 | $31,139,364 |
| GOLDMAN SACHS #4729 | $42,196,764 | $39,433,478 |
| MERRILL LYNCH #2608 | $21,964,977 | $25,543,375 |
| CHARLES SCHWAB #7414 | $10,146,416 | $7,728,500 |
| CITI PRIVATE BANK #6768 | $16,968,460 | $16,588,061 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (13 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CANYON LAUREL INVESTMENT FUND | $2,258,338 | $1,007,209 | $1,102,256 |
| DRAGONEER OPPS OFFSHORE IV | $2,762,558 | $1,061,002 | $6,094,724 |
| EUROPE ENTERPRISE II ONSHORE | $188,859 | $181,097 | $51,274 |
| GLOBAL ATLANTIC FINANCIAL GR | $2,017,784 | $0 | $0 |
| HAMILTON INSURANCE GROUP LP | $10,472,519 | $10,472,519 | $10,180,480 |
| PFM HEALTHCARE OFFSHORE FUND | $10,000,000 | $10,000,000 | $14,125,309 |
| RRE VENTURES IV LP | $481,241 | $465,245 | $2,382,291 |
| RRE VENTURES V LP | $1,319,263 | $1,130,064 | $7,826,378 |
| STERLING AMERICAN PROPERTY V-C | $2,279,355 | $2,287,340 | $707,442 |
| TWO SIGMA SPECTRUM CAYMAN FUND | $4,400,933 | $4,400,933 | $7,358,461 |
| DRAGONEER OPPS OFFSHORE V | $510,000 | $3,000,000 | $3,445,213 |
| PARTNER INVESTMENTS | $400,000 | $1,190,299 | $2,155,147 |
| PRADO ALPHA FUND | $0 | $33,414 | $33,413 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CANYON LAUREL INVESTMENT FUND | $2,925 | $2,925 |
| CVC EUROPE ENTERPRISE II ONSHO | $10,321 | $10,321 |
| PARTNER INVESTMENTS | $9,516 | $9,516 |
| PRADO ALPHA FUND | $44 | $44 |
| RRE VENTURES IV, LP | $2,675 | $2,673 |
| RRE VENTURES V, LP | $31,482 | $31,482 |
| STERLING AMERICAN PROPERTY | $12,208 | $12,208 |
| CITI EAGLE - MANAGEMENT FEES | $136,682 | $136,682 |
| BANK FEES | $12,531 | $12,381 |
| POSTAGE | $22 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CVC EUROPE ENTERPRISE II ONSHORE, LP | -$11 | -$11 |
| PARTNER INVESTMENTS, LP | -$185 | -$185 |
| RRE VENTURES IV, LP | -$86 | -$86 |
| RRE VENTURES V, LP | $5,456 | $5,456 |
| STERLING AMERICAN PROPERTY | $47 | $47 |
| US TREASURY - 2020 TAX REFUND APPLIED | $137,593 | $0 |
| OTHER TAXES & FEES | $1,898 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FINANCIAL REPORTING | CategoryTxt |
| Amt | $50,000 | Amt |
| Net Investment Income | $50,000 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OVERPAYMENT APPLIED FROM 2020 | $137,593 | $0 |
| 990-PF 2021 ESTIMATED PAYMENTS | $525,000 | $0 |
| 990-PF 2020 EXTENSION PAYMENT | $150,000 | $0 |
| CITI FOREIGN TAX PAID | $30,311 | $30,311 |
| CITI EAGLE FOREIGN TAX PAID | $2,968 | $2,968 |
| STATE FILING FEES | $50 | $0 |