PALETTE FUND INC: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: PALETTE FUND INC (EIN 26-2736653)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-11-14
IRS object ID: 201903189349101600
Schema version: 2018v3.1
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 Other Schedule2
Land Etc Schedule2
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-11-14T10:00:09-06:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	133587163	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	TARLOW & CO CPA'S	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	7 PENN PLAZA	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10001	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2018-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	262736653	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE PALETTE FUND INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	PALE	BusinessNameControlTxt
Phone	6468613292	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	115 BRADFORD STREET	AddressLine1Txt
City	PROVINCETOWN	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02657	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	TERRENCE MECK	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	6468613292	PhoneNum
Signature	2019-11-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BRIAN STEIN CPA	PreparerPersonNm
PTIN	P00370567	PTIN
Phone	2126978540	PhoneNum
Preparation	2019-11-12	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	100.38.175.99	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-11-12	IPDt
IP Tm	13:09:55	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	8DC6029D48852A06328D385D64968CE16E5DE330	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-03-31 21:24:44Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$13,367,857	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$1,600	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$272,209	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$272,209	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$272,209	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	$350,665	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,863,832	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$350,665	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$41,206	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$41,206	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$41,206	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$665,680	TotalRevAndExpnssAmt
Total Net Invst Incm	$664,080	TotalNetInvstIncmAmt
Total Adj Net Incm	$313,415	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$62,500	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm	$0	CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$62,500	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$190,317	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$64,786	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm	$0	OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$125,531	OthEmplSlrsWgsDsbrsChrtblAmt
Other Prof Fees Rev And Expnss	$153,039	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$56,800	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$70,661	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$28,400	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$5,221	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$14,861	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$44,458	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$0	DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm	$44,458	DeprecAndDpltnAdjNetIncmAmt
Occupancy Rev And Expnss	$9,918	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$0	OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm	$0	OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl	$9,918	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$163,094	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm	$0	TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$163,094	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$218,765	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$82,518	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$136,247	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$870,491	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$209,325	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$44,458	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$582,812	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,343,635	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,343,635	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$2,214,126	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$209,325	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$44,458	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$1,926,447	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$1,548,446	ExcessRevenueOverExpensesAmt
Net Investment Income	$454,755	NetInvestmentIncomeAmt
Adjusted Net Income	$268,957	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$125,617	CashBOYAmt
Cash EOY	$804,967	CashEOYAmt
Cash EOYFMV	$804,967	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$1,479,219	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$123,755	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$123,755	SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses BOY	$3,951	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$3,951	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$3,951	PrepaidExpensesEOYFMVAmt
Corporate Stock BOY	$7,101,376	CorporateStockBOYAmt
Corporate Stock EOY	$5,303,705	CorporateStockEOYAmt
Corporate Stock EOYFMV	$5,303,705	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$3,583,135	CorporateBondsBOYAmt
Corporate Bonds EOY	$3,483,521	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$3,483,521	CorporateBondsEOYFMVAmt
Other Investments BOY	$3,155,127	OtherInvestmentsBOYAmt
Other Investments EOY	$2,487,674	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$2,487,674	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$1,286,241	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$125,957	LandBldgEquipAccumDeprecAmt
Land BOY	$1,172,081	LandBOYAmt
Land EOY	$1,160,284	LandEOYAmt
Land EOYFMV	$1,160,284	LandEOYFMVAmt
Total Assets BOY	$16,620,506	TotalAssetsBOYAmt
Total Assets EOY	$13,367,857	TotalAssetsEOYAmt
Total Assets EOYFMV	$13,367,857	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$53,021	AccountsPayableBOYAmt
Accounts Payable EOY	$50,182	AccountsPayableEOYAmt
Grants Payable BOY	$1,520,940	GrantsPayableBOYAmt
Grants Payable EOY	$1,078,000	GrantsPayableEOYAmt
Total Liabilities BOY	$1,573,961	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,128,182	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$15,046,545	UnrestrictedBOYAmt
Unrestricted EOY	$12,239,675	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$15,046,545	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$12,239,675	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$16,620,506	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$13,367,857	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$15,046,545	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$1,548,446	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$13,498,099	SubtotalAmt
Other Decreases	$1,258,424	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$12,239,675	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)

PropertyPropertyDesc	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MORGAN STANLEY - A/C # 876038660335	$135,865	$132,419	$3,446	$3,446
MORGAN STANLEY - A/C # 876014425335	$91,790	$99,690	-$7,900	-$7,900
MORGAN STANLEY - A/C # 876042482335	$58,176	$62,241	-$4,065	-$4,065
MORGAN STANLEY - A/C # 876118335335	$99,125	$99,809	-$684	-$684
MORGAN STANLEY - A/C # 876038660335	$427,218	$411,991	$15,227	$15,227
MORGAN STANLEY - A/C # 876014425335	$603,958	$452,174	$151,784	$151,784
MORGAN STANLEY - A/C # 876042482335	$7,017	$9,715	-$2,698	-$2,698
MORGAN STANLEY - A/C # 876014425335	$440,683	$245,128	$195,555	$195,555

Field	Value	IRS element (for citing)
Capital Gain Net Income	$350,665	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	-$8,519	NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$1,725,854	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$16,420,165	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.105106	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$1,633,108	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$17,025,496	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.095921	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$2,033,528	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$17,934,517	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.113386	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$1,611,616	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$19,106,892	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.084347	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$1,674,322	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$19,600,745	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.085421	DistributionYr5Rt
Total Distribution	0.484181	TotalDistributionRt
Average Distribution	0.096836	AverageDistributionRt
Net Vl Noncharitable Assets	$14,832,994	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$1,436,368	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$4,548	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$1,440,916	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$1,926,447	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	$4,548	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$4,548	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$4,548	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$3,951	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$6,049	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$10,000	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$5,452	OverpaymentAmt
Applied To ES Tax	$5,452	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	MA	OrgReportOrRegisterStateCd
Org Report Or Register State	NY	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	WWW.THEPALETTEFUND.ORG	WebsiteAddressTxt
Individual With Books	TERRENCE MECK	IndividualWithBooksNm
Phone	6468613292	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	115 BRADFORD STREET	AddressLine1Txt
City	PROVINCETOWN	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02657	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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
TERRENCE MECK
115 BRADFORD STREET	PROVINCETOWN	MA	02657	PRESIDENT	40.00	$62,500	$0	$0
PETER BENASSI
115 BRADFORD STREET	PROVINCETOWN	MA	02657	CHAIR	1.00	$0	$0	$0
KRISTIN RESNANSKY
115 BRADFORD STREET	PROVINCETOWN	MA	02657	SECRETARY & TREASURER	1.00	$0	$0	$0
TODD SEARS
115 BRADFORD STREET	PROVINCETOWN	MA	02657	DIRECTOR	1.00	$0	$0	$0
BLAIRE MILANESE
115 BRADFORD STREET	PROVINCETOWN	MA	02657	DIRECTOR	1.00	$0	$0	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee BenefitsEmployeeBenefitsAmt	Expense AccountExpenseAccountAmt
CLARABELLE A RODRIGUEZ
311 W 17TH STREET APT 3A	NEW YORK	NY	10011	N/A	40.00	$125,531	$0	$0
RYAN FULLER
6193 HONEY HOLLOW ROAD	DOYLESTOWN	PA	18902	N/A	40.00	$64,786	$0	$0

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
MORGAN STANLEY
1585 BROADWAY	NEW YORK	NY	10036	INVESTMENT ADVISORY	$79,112
VAID GROUP
230 WEST END AVE	NEW YORK	NY	10023	CONSULTING	$51,000

Field	Value	IRS element (for citing)
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$12,545,669	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$1,348,972	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$1,164,236	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$15,058,877	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$15,058,877	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$225,883	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$14,832,994	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$741,650	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$741,650	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$4,548	TaxBasedOnInvestmentIncomeAmt
Total Tax	$4,548	TotalTaxAmt
Distributable Before Adj	$737,102	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$737,102	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$737,102	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,926,447	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$1,926,447	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$4,548	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$1,921,899	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$737,102	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$713,409	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$672,877	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$1,081,773	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$786,407	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$911,812	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$4,166,278	TotalExcessDistributionCyovAmt
Qualifying Distributions	$1,926,447	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$737,102	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$1,189,345	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$5,355,623	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$713,409	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$4,642,214	ExcessDistriCyovToNextYrAmt
Excess From Year4	$672,877	ExcessFromYear4Amt
Excess From Year3	$1,081,773	ExcessFromYear3Amt
Excess From Year2	$786,407	ExcessFromYear2Amt
Excess From Year1	$911,812	ExcessFromYear1Amt
Excess From Current Year	$1,189,345	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (40 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
ALLY COALITION
529 5TH AVE	NEW YORK	NY	10017	GRANT	$20,000
BROADWAY CARES GRANT
165 WEST 46TH STREET STE 1300	NEW YORK	NY	10036	GRANT	$12,500
BROTO PROJECT
460 COMMERICAL STREET	PROVINCETOWN	MA	02657	GRANT	$15,000
CENTERLINK
P O BOX 24490	FORT LAUDERDALE	FL	33307	GRANT	$20,000
DOC SOCIETY
20 JAY STREET STE 1008	BROOKLYN	NY	11201	GRANT	$20,000
EFFORTS OF GRACE
1712 ORETHA CASTLE HALEY BLVD	NEW ORLEANS	CA	70113	GRANT	$10,000
EQUALITY FEDERATION INSTITUTE
818 SW 3RD AVE 441	PORTLAND	OR	97204	GRANT	$20,000
FINE ARTS WORK CENTER
24 PEARL STREET	PROVINCETOWN	MA	02657	GRANT	$15,000
FRIENDS OF THE HIGHLINE
820 WASHINGTON STREET	NEW YORK	NY	10014	GRANT	$15,000
GAMAL PALMER-GLOBAL EYE ENTREPR
8424 SANTA MONICA BLVD SUITE 576	WEST HOLLYWOOD	CA	90069	GRANT	$25,000
GLBTQ LEGAL ADVOCATES & DEFENDER
18 TREMONT STREET STE 950	BOSTON	MA	02108	GRANT	$20,000
GOD'S LOVE WE DELIVER-CONT
166 AVENUE OF THE AMERICAS	NEW YORK	NY	10013	GRANT	$24,221
HETRICK-MARTIN INSTITUTE
2 ASTOR PLACE	NEW YORK	NY	10003	GRANT	$26,000
IAN EDWARDS TEDX PROVINCETOWN
35 PROVINCE ROAD	PROVINCETOWN	MA	02657	GRANT	$6,000
LATINO COMMUNITY FOUNDATION
ONE EMBARCADERO CENTER SUITE 1400	SAN FRANCISCO	CA	94111	GRANT TO SUPPORT PROGRAMS	$25,000
LEADERSHIP FOR EDUCATIONAL EQUI
1805 7TH STREET NW 6TH FLOOR	WASHINGTON	WA	20001	GRANT	$25,000
LGBTHIV CRIMINAL JUSTICE WORKI
POB 231126	BOSTON	MA	02123	GRANT	$25,000
MAP
1905 15TH STREET 1097	BOULDER	CO	80306	GRANT	$50,000
MEDIA MATTERS FOR AMERICA
455 MASSACHUETTS AVE NW SUITE 600	WASHINGTON	WA	20001	GRANT	$25,000
MEDICAL REVOLUTION
3470 WILSHIRE BLVD STE 980	LOS ANGELES	CA	90010	GRANT	$25,000
PAAM
460 COMMERICAL STREET	PROVINCETOWN	MA	02657	GRANT	$5,000
POINT SOURCE YOUTH
425 HANCOCK STREET	BROOKLYN	NY	11205	POINT SOURCE YOUTH AND IT'S EXPANSION TO END YOUTH HOMELESSNESS IN NEW YORK CITY, BALTIMORE, HARTFOR	$41,500
POLARIS GRANT
POB 65323	WASHINGTON	WA	20035	GRANT	$20,000
PROVINCETOWN 400
POB 1620	PROVINCETOWN	RI	26570	GENERAL OPERATING SUPPORT FUNDS TO SUPPORT THE EXECUTIVE DIRECTOR POSITION AT PILGRIMS' FIRST LANDIN	$20,000
PROVINCETOWN FILM SOCIETY
POB 605	PROVINCETOWN	MA	02657	GRANT	$15,000
PUBLIC SQUARE FILMS
3405 CAZADOR STREET	LOS ANGELES	CA	90065	GRANT	$62,500
QUEER KIDS GRANT
273 HICKS STREET	BROOKLYN	NY	11201	GRANT	$25,000
READ AHEAD
50 BROAD STREET STE 1720	NEW YORK	NY	10004	GRANT	$10,000
RESOURCE GENERATION
18 WEST 27TH STREET FLOOR 2	NEW YORK	NY	10001	GRANT	$15,000
ROSIE THEATER KIDS
445 WEST 45TH STREET	NEW YORK	NY	10036	GRANT	$10,000
THE CENTER FOR ANTI-VIOLENCE ED
327 7TH STREET 2	BROOKLYN	NY	11215	GRANT	$12,500
THE CENTER FOR FAMILY AND COMMU
100 HAVEN AVENUE STE 27D	NEW YORK	NY	10032	GRANT	$25,000
THE COMMONS
460 COMMERCIAL STREET	PROVINCETOWN	MA	02657	GRANT	$25,000
THE DOOR
121 AVENUE OF THE AMERICAS	NEW YORK	NY	10013	GRANT	$25,000
THE FILM COLLABORATIVE INC
3405 CAZADOR STREET	LOS ANGELES	CA	90065	GRANT	$12,500
THRESHOLD
2875 ROUTE 35 6N-50B	KATONAH	NY	10536	GRANT	$107,000
TRANSGENDER LAW CENTER
PO BOX 70976	OAKLAND	CA	94612	GRANT	$25,000
TRUE COLORS FUND
311 WEST 43RD STREET 12TH FLOOR	NEW YORK	NY	10036	GRANT	$37,500
URBAN WORD NYC
5 WEST 19TH STREET 3RD FLOOR	NEW YORK	NY	10011	SUPPORT FOR LGBT YOUTH POETRY SLAM: PAGE MEETS STAGES LGBT INITIATIVE.	$20,000
VARIOUS ORG UNDER 5K
115 BRADFORD STREET	PROVINCETOWN	MA	02657	GRANT	$406,414

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,343,635	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$272,209	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$41,206	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$350,665	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$664,080	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$664,080	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (15 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	Cost Or Other BasisCostOrOtherBasisAmt	Prior Year DepreciationPriorYearDepreciationAmt	Computation MethodComputationMethodTxt	LifeLifeRt	Current Year ExpenseCurrentYearExpenseAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
PRINTER	2014-06-18	$750	$525	SL	5.000000000000	$150	$0	$150
BRADFORD OFFICE	2015-11-09	$1,091,892	$60,660	SL	39.000000000000	$27,997	$0	$27,997
BROADWAY FURNITURE	2014-06-18	$1,217	$609	SL	7.000000000000	$174	$0	$174
BRADFORD FURNITURE	2015-06-24	$6,098	$2,178	SL	7.000000000000	$871	$0	$871
WEST 14TH STREET FURNITURE	2016-09-06	$1,500	$285	SL	7.000000000000	$214	$0	$214
BRADFORD FURNITURE	2016-08-17	$26,521	$5,052	SL	7.000000000000	$3,789	$0	$3,789
WINDOW & BATHROOM PROJECT	2016-05-31	$40,086	$4,231	SL	15.000000000000	$2,672	$0	$2,672
GUTTER, FLOORING & ROOFING IMPROVEMENTS	2016-07-20	$29,561	$2,792	SL	15.000000000000	$1,971	$0	$1,971
AC/HEATING UNITS	2016-08-24	$28,185	$2,505	SL	15.000000000000	$1,879	$0	$1,879
WELL & IRRIGATION	2016-10-05	$5,948	$496	SL	15.000000000000	$397	$0	$397
IMPROVEMENT	2017-06-30	$21,821	$2,166	SL	39.000000000000	$560	$0	$560
FURNITURE & FIXTURES	2018-02-15	$17,100		SL	7.000000000000	$2,914	$0	$2,914
FURNITURE & FIXTURES	2018-05-14	$4,523		SL	7.000000000000	$431	$0	$431
FURNITURE & FIXTURES	2018-07-05	$5,164		SL	7.000000000000	$369	$0	$369
FURNITURE & FIXTURES	2018-12-11	$5,875		SL	7.000000000000	$70	$0	$70

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	MORGAN STANLEY	BondNm
EOY Book Value	$3,483,521	EOYBookValueAmt
EOYFMV	$3,483,521	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
MORGAN STANLEY	$4,665,945	$4,665,945
MORGAN STANLEY	$637,760	$637,760

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (8 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
D.E. SHAW OCULUS INT'L FUND	AT COST	$1,122,368	$1,122,368
MORGAN STANLEY CROSSROADS	AT COST	$453,462	$453,462
RENEWAL 2 SOCIAL FUND	AT COST	$118,312	$118,312
RENEWAL 3 US LIMITED	AT COST	$257,675	$257,675
STARBOARD OFFSHORE	AT COST	$368,126	$368,126
SJC OFFSHORE CAP K-1	AT COST	$920	$920
NORTH HAVEN EXPANSION K-1	AT COST	$148,289	$148,289
RENEWAL 3 US LIMITED	AT COST	$18,522	$18,522

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (15 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt
PRINTER	$750	$675	$75
BRADFORD OFFICE	$1,091,892	$88,657	$1,003,235
BROADWAY FURNITURE	$1,217	$783	$434
BRADFORD FURNITURE	$6,098	$3,049	$3,049
WEST 14TH STREET FURNITURE	$1,500	$499	$1,001
BRADFORD FURNITURE	$26,521	$8,841	$17,680
WINDOW & BATHROOM PROJECT	$40,086	$6,903	$33,183
GUTTER, FLOORING & ROOFING IMPROVEMENTS	$29,561	$4,763	$24,798
AC/HEATING UNITS	$28,185	$4,384	$23,801
WELL & IRRIGATION	$5,948	$893	$5,055
IMPROVEMENT	$21,821	$2,726	$19,095
FURNITURE & FIXTURES	$17,100	$2,914	$14,186
FURNITURE & FIXTURES	$4,523	$431	$4,092
FURNITURE & FIXTURES	$5,164	$369	$4,795
FURNITURE & FIXTURES	$5,875	$70	$5,805

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	ACCUMULATED UNREALIZED GAIN/LOSS ADJUSTMENT	Desc
Amt	$1,258,424	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK SERVICE CHARGE	$824	$0	$0	$824
CONFERENCES AND SEMINARS	$39,105	$0	$0	$39,105
DUES AND SUBSCRIPTIONS	$18,648	$0	$0	$18,648
INSURANCE	$2,470	$0	$0	$2,470
OFFICE SUPPLIES	$27,878	$0	$0	$27,878
REPAIRS AND MAINTENANCE	$40,234	$0	$0	$40,234
TELEPHONE	$1,241	$0	$0	$1,241
WEBSITE	$5,847	$0	$0	$5,847
LOSS FROM K-1'S	$82,518	$82,518	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS INCOME	Desc
Revenue And Expenses Per Books	$41,206	RevenueAndExpensesPerBooksAmt
Net Investment Income	$41,206	NetInvestmentIncomeAmt
Adjusted Net Income	$41,206	AdjustedNetIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PROFESSIONAL FEES	$25,578	$0	$0	$0
PAYROLL FEES	$2,245	$584	$0	$1,661
CONSULTING FEES	$69,000	$0	$0	$69,000
INVESTMENT ADVISORY FEES	$56,216	$56,216	$0	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PAYROLL TAXES	$20,082	$5,221	$0	$14,861
REAL ESTATE TAXES	$8,318	$0	$0	$0