GRAY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- GRAY FOUNDATION (EIN 47-1408100)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-10-01
- IRS object ID
- 202042759349100614
- 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
- Schedule B
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-10-01T13:34:40-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Ayco Company LP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 15201 | AddressLine1Txt |
| City | Albany | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 122125201 | 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 | 471408100 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Gray Foundation | BusinessNameLine1Txt |
| Business Name Line2 | c/o The Ayco Company LP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % AYCO COMPANY LP - NTG | InCareOfNm |
| Business Name Control | GRAY | BusinessNameControlTxt |
| Phone | 5188864205 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 Coliseum Drive | AddressLine1Txt |
| City | Cohoes | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12047 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANA ZUCKER | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 5188864000 | PhoneNum |
| Signature | 2020-09-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Christine DiIonna | PreparerPersonNm |
| PTIN | P00999533 | PTIN |
| Phone | 5188864000 | PhoneNum |
| Preparation | 2020-09-21 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 12.47.208.34 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 14257320202755000012 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-10-01 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 716D96126D1B8C16AFF40CFDA6233024E5FC4F92 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | DF84AC4E44499F0D171198AEB947CEF4E9D2D1C8 | 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $140,805,775 | 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 | $30,718,397 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,289 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,289 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,642,619 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,642,619 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $10,265,084 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $19,304,781 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $10,265,084 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $43,628,389 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $12,909,992 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $525,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $525,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $209,969 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $209,969 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $287,736 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $169,099 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $172,504 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $50,504 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $5,666 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $155,210 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $155,210 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $4,416 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $4,416 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $42,115 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $40,469 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,402,616 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,154,667 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $24,173,485 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $24,173,485 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $25,576,101 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $25,328,152 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $18,052,288 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $12,909,992 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $43,971 | CashBOYAmt |
| Cash EOY | $7,470,328 | CashEOYAmt |
| Cash EOYFMV | $7,470,328 | CashEOYFMVAmt |
| Corporate Stock BOY | $31,089,170 | CorporateStockBOYAmt |
| Corporate Stock EOY | $32,409,904 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $133,335,447 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $17,000 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $14,166 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $8,500 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $2,834 | LandBldgInvestmentsEOYAmt |
| Total Assets BOY | $31,141,641 | TotalAssetsBOYAmt |
| Total Assets EOY | $39,883,066 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $140,805,775 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $31,141,641 | CapitalStockBOYAmt |
| Capital Stock EOY | $39,883,066 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $31,141,641 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $39,883,066 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $31,141,641 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $39,883,066 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $31,141,641 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $18,052,288 | ExcessRevenueOverExpensesAmt |
| Other Increases | $5,000,414 | OtherIncreasesAmt |
| Subtotal | $54,194,343 | SubtotalAmt |
| Other Decreases | $14,311,277 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $39,883,066 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | JPM 001 | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $19,304,781 | GrossSalesPriceAmt |
| Cost Or Other Basis | $9,039,697 | CostOrOtherBasisAmt |
| Gain Or Loss | $10,265,084 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $10,265,084 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $10,265,084 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $20,249,910 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $93,945,369 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.21555 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $18,384,537 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $81,450,102 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.225715 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $6,483,502 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $39,701,063 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.163308 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,811,448 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $21,015,546 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.181363 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $0 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $330,442 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.0 | DistributionYr5Rt |
| Total Distribution | 0.785936 | TotalDistributionRt |
| Average Distribution | 0.157187 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $118,210,003 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $18,581,076 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $129,100 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $18,710,176 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $25,328,152 | 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 | $129,100 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $129,100 | SubtotalAmt |
| Tax Based On Investment Income | $129,100 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $148,583 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $148,583 | TotalPaymentsAndCreditsAmt |
| Overpayment | $19,483 | OverpaymentAmt |
| Applied To ES Tax | $19,483 | 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 | 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 | AYCO COMPANY LP - NTG | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5188864000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 COLISEUM DR | AddressLine1Txt |
| City | COHOES | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12047 | 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| DANA ZUCKER | ||||||||
| Ayco Company LP 100 Coliseum Dr | Cohoes | NY | 12047 | EXECUTIVE DIRECTOR | 40.0 | $525,000 | $0 | $0 |
| JONATHAN GRAY | ||||||||
| Ayco Company LP 100 Coliseum Dr | Cohoes | NY | 12047 | PRESIDENT | 1.0 | $0 | $0 | $0 |
| MINDY GRAY | ||||||||
| Ayco Company LP 100 Coliseum Dr | Cohoes | NY | 12047 | SECRETARY & TREASURER | 1.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHI V DANG | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O THE AYCO COMPANY LP | AddressLine1Txt |
| City | COHOES | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12047 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | CHIEF SCIENCE ADV | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 10.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $125,000 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Ayco Company LP | |||||
| 100 Coliseum Drive | COHOES | NY | 12047 | Accounting | $93,405 |
| Simpson Thacher & Bartlett LLP | |||||
| 425 Lexington Ave | NEW YORK | NY | 10017 | Legal | $84,140 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION DOES NOT ENGAGE IN ANY DIRECT CHARITABLE ACTIVITIES; RATHER, IT ACCOMPLISHES ITS EXEMPT FUNCTION AND CHARITABLE PURPOSE THROUGH GRANT PAYMENTS TO IRC SECTION | Description1Txt |
| Description2 | 501(C)(3) QUALIFIED CHARITIES. | Description2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $118,351,756 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,658,399 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $120,010,155 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $120,010,155 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,800,152 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $118,210,003 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,910,500 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $5,910,500 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $129,100 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $129,100 | TotalTaxAmt |
| Distributable Before Adj | $5,781,400 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $5,781,400 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $5,781,400 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $25,328,152 | 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 | $25,328,152 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $129,100 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $25,199,052 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,781,400 | 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 Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,763,913 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $4,528,375 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $14,371,290 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $15,596,626 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $37,260,204 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $25,328,152 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $5,781,400 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $19,546,752 | RemainingDistriFromCorpusAmt |
| Total Corpus | $56,806,956 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $56,806,956 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,763,913 | ExcessFromYear4Amt |
| Excess From Year3 | $4,528,375 | ExcessFromYear3Amt |
| Excess From Year2 | $14,371,290 | ExcessFromYear2Amt |
| Excess From Year1 | $15,596,626 | ExcessFromYear1Amt |
| Excess From Current Year | $19,546,752 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JONATHAN AND MINDY GRAY | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| SEE ATTACHED LIST | |||||||
| 100 Coliseum Drive | Cohoes | NY | 12047 | NONE | PC | SEE ATTACHED LIST | $13,126,970 |
| SEE ATTACHED LIST | |||||||
| 100 Coliseum Drive | Cohoes | NY | 12047 | NONE | PC | SEE ATTACHED LIST | $11,046,515 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $24,173,485 | 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 | $2,289 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,642,619 | 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 | $10,265,084 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $12,909,992 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $12,909,992 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | N/A | LineNumberTxt |
| Relationship Statement | NOT APPLICABLE | RelationshipStatementTxt |
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 | JONATHAN MINDY GRAY | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | AYCO COMPANY LP 100 COLISEUM DR | AddressLine1Txt |
| City | COHOES | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12047 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $30,717,809 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | SEE ATTACHED LIST | NoncashPropertyDesc |
| Fair Market Value | $30,717,809 | FairMarketValueAmt |
| Received | 2019-12-31 | ReceivedDt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | SOFTWARE | PropertyDesc |
| Acquired | 2017-07-01 | AcquiredDt |
| Cost Or Other Basis | $17,000 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $8,500 | PriorYearDepreciationAmt |
| Computation Method | M3 | ComputationMethodTxt |
| Life | 3 | LifeRt |
| Current Year Expense | $5,666 | CurrentYearExpenseAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| JP MORGAN #0001 | $17,836,492 | $81,149,076 |
| WELLS FARGO #3608 | $14,573,412 | $52,186,371 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SOFTWARE | CategoryOrItemTxt |
| Cost Or Other Basis | $17,000 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $14,166 | AccumulatedDepreciationAmt |
| Book Value | $2,834 | BookValueAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| APPRECIATION OVER DONOR'S COST BASIS FOR | $0 |
| STOCK DONATED | $14,311,277 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| DUES & SUBSCRIPTIONS | $844 | $844 |
| FILING FEES | $1,586 | |
| INSURANCE | $13,147 | $13,147 |
| MISC. EXPENSE | $60 | |
| OFFICE SUPPLIES | $26,444 | $26,444 |
| ACCOUNT FEES | $34 | $34 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| APPRECIATION OVER DONOR'S COST BASIS FOR | $0 |
| STOCK DONATED TO 501(C)(3) CHARITIES | $5,000,414 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| LEGAL FEES | $84,140 | $63,105 |
| ACCOUNTING FEES | $93,405 | $23,351 |
| CONSULTANTS | $76,000 | $57,000 |
| OTHER | $34,191 | $25,643 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| FEDERAL TAXES | $122,000 | |
| PAYROLL TAXES | $34,749 | $34,749 |
| FOREIGN TAXES PAID | $15,755 | $15,755 |