I T HIRSCHL CHARITABLE TR: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: I T HIRSCHL CHARITABLE TR (EIN 13-6356381)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-11-13
IRS object ID: 202013189349100311
Schema version: 2019v5.1
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
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
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)
Return	2020-11-13T07:34:32-06:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ERNST & YOUNG US LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	99 WOOD AVENUE SOUTH	AddressLine1Txt
City	ISELIN	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08830	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	136356381	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TRUST UWO IRMA T HIRSCHL CHARITABLE TRUST	BusinessNameLine1Txt
Business Name Line2	P60307009	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
In Care Of	% MCLAUGHLIN & STERN LLP	InCareOfNm
Business Name Control	TRUS	BusinessNameControlTxt
Phone	2124480066	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	260 MADISON AVE	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10016	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	STEPHEN E JACOBS	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	2124550422	PhoneNum
Signature	2020-11-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MICHAEL SALES	PreparerPersonNm
PTIN	P01770943	PTIN
Phone	7325164200	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	47.18.13.11	IPv4AddressTxt

Field	Value	IRS element (for citing)
Federal Original Submission Id	26308520203185000021	FederalOriginalSubmissionId
Federal Original Submission Id	2020-11-13	FederalOriginalSubmissionIdDt
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	751FB705F3FA9FAEBC58E398C5C16F1B9A4D4551	AtSubmissionCreationDeviceId
At Submission Filing Device Id	37B92DE6E8F5A49A41BBAC03ED8AE7138F59821D	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-04-22 16:20:28Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$49,812,450	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	$0	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$12,605	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$12,605	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$971,095	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$971,095	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$2,416,381	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$14,106,314	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$2,416,381	CapGainNetIncmNetInvstIncmAmt
Incm Modifications Adj Net Incm	$70,000	IncmModificationsAdjNetIncmAmt
Other Income Rev And Expnss	-$10,367	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$4,059	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$3,389,714	TotalRevAndExpnssAmt
Total Net Invst Incm	$3,404,140	TotalNetInvstIncmAmt
Total Adj Net Incm	$70,000	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$90,015	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$30,005	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$60,010	CompOfcrDirTrstDsbrsChrtblAmt
Other Prof Fees Rev And Expnss	$289,218	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$289,218	OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss	$22,684	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$22,684	TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss	$2,382	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$1,632	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$750	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$404,299	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$343,539	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$60,760	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$2,716,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$2,716,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$3,120,299	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$343,539	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$2,776,760	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$269,415	ExcessRevenueOverExpensesAmt
Net Investment Income	$3,060,601	NetInvestmentIncomeAmt
Adjusted Net Income	$70,000	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$642,630	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$612,835	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$612,835	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$3,263,745	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$5,699,979	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$5,618,054	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$26,768,939	CorporateStockBOYAmt
Corporate Stock EOY	$24,605,936	CorporateStockEOYAmt
Corporate Stock EOYFMV	$40,298,255	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$3,743,927	CorporateBondsBOYAmt
Corporate Bonds EOY	$3,243,479	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$3,283,306	CorporateBondsEOYFMVAmt
Total Assets BOY	$34,419,241	TotalAssetsBOYAmt
Total Assets EOY	$34,162,229	TotalAssetsEOYAmt
Total Assets EOYFMV	$49,812,450	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$34,419,241	CapitalStockBOYAmt
Capital Stock EOY	$34,162,229	CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY	$34,419,241	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$34,162,229	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$34,419,241	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$34,162,229	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$34,419,241	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$269,415	ExcessRevenueOverExpensesAmt
Other Increases	$70,000	OtherIncreasesAmt
Subtotal	$34,758,656	SubtotalAmt
Other Decreases	$596,427	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$34,162,229	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDesc	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt
AMERIGAS PARNTERS 1231 LOSS	$55	-$55	-$55
PUBLICLY TRADED SECURITIES	$11,694,596	$2,411,718	$2,411,718	P	$14,106,314
CAPITAL GAIN DIVIDENDS		$4,718		P

Field	Value	IRS element (for citing)
Capital Gain Net Income	$2,416,381	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$77,024	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$43,174,589	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.001784	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$3,044,626	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$47,063,541	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.064692	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$2,666,368	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$45,093,183	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.05913	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$2,402,048	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$43,948,697	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.054656	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$1,983,643	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$46,544,346	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.042618	DistributionYr5Rt
Total Distribution	0.22288	TotalDistributionRt
Average Distribution	0.044576	AverageDistributionRt
Net Vl Noncharitable Assets	$46,142,600	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$2,056,853	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$30,606	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$2,087,459	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$2,776,760	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$30,606	InvestmentIncomeExciseTaxAmt
Subtotal	$30,606	SubtotalAmt
Tax Based On Investment Income	$30,606	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$36,252	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$50,000	ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits	$86,252	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Overpayment	$55,646	OverpaymentAmt
Applied To ES Tax	$55,646	AppliedToESTaxAmt
Refund	$0	RefundAmt

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	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
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

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	MCLAUGHLIN & STERN LLP	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2124550422	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	260 MADISON AVENUE	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10016	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
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
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
Proceeds Or Net Income	false	ProceedsOrNetIncomeInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	Address Line2USAddress/AddressLine2Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
LEO L SCHMOLKA
mclaughlin Stern llp	260 madison avenue	New York	NY	10016	TRUSTEE	1.0	$53,407	$0	$0
Stephen E Jacobs
mclaughlin stern LLP	260 Madison Avenue	New York	NY	10016	Trustee	1.0	$28,399	$0	$0
Robert Todd Lang
McLaughlin Stern LLP	260 Madison Avenue	New York	NY	10016	Trustee	1.0	$8,209	$0	$0

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Peter B Cannel	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	545 Madison Avenue	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10022	ZIPCd

Field	Value	IRS element (for citing)
Service Type	Financial Advisory	ServiceTypeTxt
Compensation	$289,218	CompensationAmt

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	$45,917,558	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$927,721	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$46,845,279	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$46,845,279	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$702,679	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$46,142,600	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$2,307,130	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$2,307,130	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$30,606	TaxBasedOnInvestmentIncomeAmt
Total Tax	$30,606	TotalTaxAmt
Distributable Before Adj	$2,276,524	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$70,000	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$2,346,524	DistributableBeforeDedAmt
Distributable As Adjusted	$2,346,524	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$2,776,760	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	$2,776,760	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$30,606	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$2,746,154	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$2,346,524	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Prior Year1	2017	PriorYear1Yr
Prior Year2	2016	PriorYear2Yr
Prior Year3	2015	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr2	$27,419	ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov	$27,419	TotalExcessDistributionCyovAmt
Qualifying Distributions	$2,776,760	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Current Year	$2,346,524	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$430,236	RemainingDistriFromCorpusAmt
Total Corpus	$457,655	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$457,655	ExcessDistriCyovToNextYrAmt
Excess From Year2	$27,419	ExcessFromYear2Amt
Excess From Current Year	$430,236	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	See attached	BusinessNameLine1Txt

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	See attached list of organizations	AddressLine1Txt
City	New York	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10017	ZIPCd

Field	Value	IRS element (for citing)
Grant Or Contribution Purpose	To promote the work of the organization	GrantOrContributionPurposeTxt
Amt	$2,716,000	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$2,716,000	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	$12,605	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$971,095	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

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$2,416,381	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	BusinessBusinessCd	Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt	ExclusionExclusionCd
ORDINARY LOSS THRU AMERIGAS PARTNERS	525990	-$14,426
CLASS ACTION SETTLEMENT		$4,059	01

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	-$10,367	UnrelatedBusinessTaxblIncmAmt
Exclusion	$3,400,081	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$3,389,714	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

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
CORPORATE BONDS	$3,243,479	$3,283,306
SEE PART II STATEMENT ATTACHED

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
CORPORATE STOCK	$24,605,936	$40,298,255
SEE PART II STATEMENT ATTACHED

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$5,699,979	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$5,618,054	USGovtObligationsEOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDesc	AmtAmt
CHANGE IN STOCK BASIS	$593,201
ADJUSTMENTS FOR AMORTIZATION	$3,226

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK FEES	$1,632	$1,632
NYS DEPARTMENT OF LAW	$750		$750

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
ordinary income - AMERIGAS PARTNERS	-$14,426
class action settlement	$4,059	$4,059

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	RECOVERY OF PRIOR YEAR GRANTS	Desc
Amt	$70,000	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	ADVISORY FEES	CategoryTxt
Amt	$289,218	Amt
Net Investment Income	$289,218	NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FOREIGN TAXES	CategoryTxt
Amt	$22,684	Amt
Net Investment Income	$22,684	NetInvestmentIncomeAmt