WEILL FAMILY FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: WEILL FAMILY FOUNDATION (EIN 13-6223609)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-11-14
IRS object ID: 201913189349103656
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
Schedule B
Accounting Fees Schedule
Contractor Compensation Expln
Depreciation Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Legal Fees Schedule
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	2019-11-14T16:21:43-06:00	ReturnTs
Tax Period End	2018-12-31	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	2018-01-01	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	2127938888	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 I WEILL	PersonNm
Person Title	CHAIRMAN	PersonTitleTxt
Phone	2127938888	PhoneNum
Signature	2019-11-14	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Jayne M Bolt	PreparerPersonNm
PTIN	P01740454	PTIN
Phone	5184528050	PhoneNum
Preparation	2019-11-12	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	67.252.11.149	IPv4AddressTxt

Field	Value	IRS element (for citing)
Federal Original Submission Id	14293720193185000001	FederalOriginalSubmissionId
Federal Original Submission Id	2019-11-14	FederalOriginalSubmissionIdDt
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	BBD175DB3F02AD2DDF53DABC66CA404B31E69447	AtSubmissionCreationDeviceId
At Submission Filing Device Id	3934768CC4C6C7C66B96C92226D1AA4821F5745E	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	$288,911,436	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	$48,521,334	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$1,912,359	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$1,912,359	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$2,972,014	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$2,972,014	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$16,692,490	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$109,537,023	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$30,635,388	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$221,130	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$57,129	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$70,319,327	TotalRevAndExpnssAmt
Total Net Invst Incm	$35,576,890	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss	$6,160	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$0	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$72,048	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$126,918	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$51,918	OtherProfFeesNetInvstIncmAmt
Interest Rev And Expnss	$109,432	InterestRevAndExpnssAmt
Interest Net Invst Incm	$109,432	InterestNetInvstIncmAmt
Taxes Rev And Expnss	$1,028,175	TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss	$3,826	TravConfMeetingRevAndExpnssAmt
Printing And Pub Rev And Expnss	$160	PrintingAndPubRevAndExpnssAmt
Other Expenses Rev And Expnss	$216,190	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$215,777	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$1,562,909	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$377,127	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$835,030	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$835,030	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$2,397,939	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$377,127	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$835,030	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$67,921,388	ExcessRevenueOverExpensesAmt
Net Investment Income	$35,199,763	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$47,792	CashBOYAmt
Cash EOY	$11,408	CashEOYAmt
Cash EOYFMV	$11,408	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$77,635,198	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$34,171,496	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$34,171,496	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$0	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$123,394,007	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$123,598,415	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$80,669,733	CorporateStockBOYAmt
Corporate Stock EOY	$96,597,516	CorporateStockEOYAmt
Corporate Stock EOYFMV	$82,309,272	CorporateStockEOYFMVAmt
Other Assets BOY	$68,255,032	OtherAssetsBOYAmt
Other Assets EOY	$40,354,716	OtherAssetsEOYAmt
Other Assets EOYFMV	$48,820,845	OtherAssetsEOYFMVAmt
Total Assets BOY	$226,607,755	TotalAssetsBOYAmt
Total Assets EOY	$294,529,143	TotalAssetsEOYAmt
Total Assets EOYFMV	$288,911,436	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Retained Earning BOY	$226,607,755	RetainedEarningBOYAmt
Retained Earning EOY	$294,529,143	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$226,607,755	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$294,529,143	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$226,607,755	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$294,529,143	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$226,607,755	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$67,921,388	ExcessRevenueOverExpensesAmt
Subtotal	$294,529,143	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$294,529,143	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
LONG TERM- SEE ATTACHED	P	$99,360,022	$69,300,851	$30,059,171	$30,059,171
SHORT TERM- SEE ATTACHED		$10,156,501	$9,580,284	$576,217	$576,217

Field	Value	IRS element (for citing)
Capital Gain Net Income	$30,635,388	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$13,658,661	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$211,905,385	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.064456	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$14,976,748	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$150,198,255	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.099713	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$3,305,000	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$121,757,893	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.027144	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$856,600	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$82,096,985	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.010434	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$1,290,500	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$66,454,434	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.019419	DistributionYr5Rt
Total Distribution	0.221166	TotalDistributionRt
Average Distribution	0.044233	AverageDistributionRt
Net Vl Noncharitable Assets	$276,916,161	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$12,248,833	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$351,998	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$12,600,831	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$835,030	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$703,995	InvestmentIncomeExciseTaxAmt
Subtotal	$703,995	SubtotalAmt
Tax Based On Investment Income	$703,995	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$760,868	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$760,868	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Overpayment	$56,873	OverpaymentAmt
Applied To ES Tax	$56,873	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	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	CA	OrgReportOrRegisterStateCd
Org Report Or Register State	NY	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	INDEPENDENT FAMILY OFFICE LLC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	5183011679	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	677 BROADWAY	AddressLine1Txt
City	Albany	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	12207	ZIPCd

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

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
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
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 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
KENNETH BIALKIN
PO BOX 10879	Albany	NY	12201	DIRECTOR	1.0	$0	$0	$0
TOMMY BIBLIOWICZ
PO BOX 10879	Albany	NY	12201	Director	1.0	$0	$0	$0
DAVID BIBLIOWICZ
PO BOX 10879	Albany	NY	12201	Director	1.0	$0	$0	$0
MICHAEL FREEDMAN
PO BOX 10879	Albany	NY	12201	CHIEF INVESTMENT OFFICER, DIR	1.0	$0	$0	$0

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
Independent Family Office LLC
PO Box 10879	ALBANY	NY	12201	Tax & Reporting	$103,836
NICHOLAS B DIRKS
670 SAN LUIS ROAD	BERKELEY	CA	94707	CHARITABLE ADVISORY	$75,000
RRE ADVISORS LLC
130 EAST 59TH STREET 17TH FLOOR	NEW YORK	NY	10022	INVESTMENT MGMT	$92,672

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	$159,092,319	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$64,602,594	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$57,438,245	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$281,133,158	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$281,133,158	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$4,216,997	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$276,916,161	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$13,845,808	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$13,845,808	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$703,995	TaxBasedOnInvestmentIncomeAmt
Total Tax	$703,995	TotalTaxAmt
Distributable Before Adj	$13,141,813	DistributableBeforeAdjAmt
Distributable Before Ded	$13,141,813	DistributableBeforeDedAmt
Distributable As Adjusted	$13,141,813	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$835,030	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	$835,030	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$835,030	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$13,141,813	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Prior Year1	2016	PriorYear1Yr
Prior Year2	2015	PriorYear2Yr
Prior Year3	2014	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr2	$7,703,339	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$3,510,962	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$11,214,301	TotalExcessDistributionCyovAmt
Qualifying Distributions	$835,030	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Current Year	$835,030	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$11,214,301	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$11,214,301	ExcessDistributionCyovAppCYAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$1,092,482	UndistributedIncomeCYAmt

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

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	SANFORD I WEILL	ContributingManagerNm
Contributing Manager	JOAN H WEILL	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
SANTA ROSA HIGH SCHOOL CHORAL MUSIC BOOSTERS
PO BOX 3048	SANTA ROSA	CA	95402	NONE	PC	GENERAL CHARITABLE NEEDS	$15,000
CODE-TO-LEARN FOUNDATION
650 1ST AVENUE SUITE 7NW	NEW YORK	NY	10016	NONE	PC	GENERAL CHARITABLE NEEDS	$100,000
NEW YORK WEILL CORNELL MEDICAL CENTER FUND INC
1300 YORK AVENUE BOX 314	NEW YORK	NY	10065	NONE	PC	GENERAL CHARITABLE NEEDS	$216,320
ALVIN AILEY DANCE FOUNDATION INC
405 WEST 55TH STREET	NEW YORK	NY	10019	NONE	PC	GENERAL CHARITABLE NEEDS	$50,000
LANG LANG INTERNATIONAL MUSIC FOUNDATION INC
215 W 40TH STREET SUITE 1101	NEW YORK	NY	10018	NONE	PC	GENERAL CHARITABLE NEEDS	$100,000
LANG LANG INTERNATIONAL MUSIC FOUNDATION INC
215 W 40TH STREET SUITE 1101	NEW YORK	NY	10018	NONE	PC	GENERAL CHARITABLE NEEDS	$60,000
AMERICA ISRAEL FRIENDSHIP LEAGUE INC
1430 BROADWAY SUITE 1804	NEW YORK	NY	10018	NONE	PC	GENERAL CHARITABLE NEEDS	$25,000
LANG LANG INTERNATIONAL MUSIC FOUNDATION INC
215 W 40TH STREET SUITE 1101	NEW YORK	NY	10018	NONE	PC	GENERAL CHARITABLE NEEDS	$50,000
YALE UNIVERSITY
PO BOX 2038	NEW HAVEN	CT	06521	NONE	PC	GENERAL CHARITABLE NEEDS	$50,000
COUNCIL ON FOREIGN RELATIONS INC
58 EAST 68TH STREET	NEW YORK	NY	10065	NONE	PC	GENERAL CHARITABLE NEEDS	$25,000
NAF
218 WEST 40TH STREET 5TH FLOOR	NEW YORK	NY	10018	NONE	PC	GENERAL CHARITABLE NEEDS	$98,710
INDIVIDUALS NOW INC SOCIAL ADVOCATES FOR YOUTH
2447 SUMMERFIELD ROAD	SANTA ROSA	CA	95405	NONE	PC	GENERAL CHARITABLE NEEDS	$25,000
THE CONSERVATION FUND A NONPROFIT CORPORATION
1655 N FORT MYER DRIVE SUITE 1300	ARLINGTON	VA	22209	NONE	PC	GENERAL CHARITABLE NEEDS	$5,000
WATERKEEPER ALLIANCE INC
180 MAIDEN LANE SUITE 603	NEW YORK	NY	10038	NONE	PC	GENERAL CHARITABLE NEEDS	$1,000
WORLD RESOURCES INSTITUTE
10 G STREET NE SUITE 800	WASHINGTON	DC	20002	NONE	PC	GENERAL CHARITABLE NEEDS	$4,000
SOLDIERS PROJECT
4605 LANKERSHIM BOULEVARD SUITE 72	NORTH HOLLYWOOD	CA	91602	NONE	PC	GENERAL CHARITABLE NEEDS	$10,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$835,030	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,912,359	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$2,972,014	ExclusionAmt

Field	Value	IRS element (for citing)
Net Rntl Incm Re Debt Fincd Prop		NetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Income Personal Prop		NetRentalIncomePersonalPropGrp

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$221,130	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$16,692,490	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	TAX REFUND	Desc

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$21,797,993	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$21,797,993	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	$48,521,334	TotalContributionsAmt
Noncash Contribution	Yes (X)	NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp (12 entries)

ContributorContributorNum	Noncash PropertyNoncashPropertyDesc	Fair Market ValueFairMarketValueAmt	ReceivedReceivedDt
1	43,900 SHARES OF FEDEX CORP (FDX)	$11,360,793	2018-01-03
1	40,000 SHARES OF ROYAL DUTCH SHELL PLC (RDSA)	$2,732,200	2018-01-03
1	150,000 SHARES OF DELTA AIRLINES INC (DAL)	$8,659,500	2018-01-11
1	30,000 SHARES OF APPLE INC (AAPL)	$5,441,100	2018-03-13
1	200,000 SHARES OF PFIZER INC (PFE)	$8,443,000	2018-08-21
1	10,000 SHARES OF WALGREEN'S BOOT ALLIANCE INC (WBA)	$821,550	2018-11-08
1	12,000 SHARES OF WALGREEN'S BOOT ALLIANCE INC (WBA)	$985,860	2018-11-08
1	13,000 SHARES OF WALGREEN'S BOOT ALLIANCE INC (WBA)	$1,070,615	2018-11-09
1	35,000 SHARES OF WALGREEN'S BOOT ALLIANCE INC (WBA)	$2,881,025	2018-11-16
1	25,000 SHARES OF MERCK & CO (MRK)	$1,944,875	2018-11-29
1	25,000 SHARES OF MERCK & CO (MRK)	$1,965,113	2018-11-30
1	28,188 SHARES OF MERCK & CO (MRK)	$2,215,704	2018-11-30

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt
AUDIT FEES	$20,130
TAX PREPARATION	$51,918

Contractor Compensation Expln ContractorCompensationExpln

Contractor Comp Expln ContractorCompExplnGrp (3 entries)

ExplanationExplanationTxt
Independent Family Office LLC
PROVIDE TAX AND REPORTING SERVICES
NICHOLAS B DIRKS
PROVIDE CHARITABLE ADVICE
RRE ADVISORS LLC
PROVIDE INVESTMENT MANAGEMENT

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (61 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
AERCAP HOLDINGS	$84,044	$63,360
ALPHABET INC	$395,201	$430,814
AMAZON.COM INC	$182,993	$276,362
AMERICAN EXPRESS-HYBRID	$2,000,000	$1,970,000
ANADARKO PETROLEUM CORP	$50,372	$49,320
AON PLC	$147,546	$154,372
APPLE INC	$0	$0
AT&T	$12,052,393	$8,562,000
BANCO SANTANDER	$0	$0
BANK OF AMERICA	$2,673,490	$2,464,000
BAYER AG CMN	$5,270,794	$3,014,711
BERKSHIRE HATHAWAY	$341,377	$392,026
CHARLES SCHWAB	$0	$0
CATERPILLAR INC	$1,488,505	$1,270,700
CHARTER COMMUNICATIONS	$113,063	$123,962
CITIGROUP	$6,642,217	$5,490,976
COMCAST CORP	$236,917	$245,501
DEERE & COMPANY	$1,437,230	$1,491,700
DELTA AIRLINES INC	$8,659,500	$7,485,000
DISH NETWORK CORP	$173,007	$74,286
ECOLAB	$49,058	$54,520
FACEBOOK INC	$155,352	$127,682
FEDEX CORP	$10,351,520	$6,453,200
FIDELITY NATIONAL INFO SERVICE	$0	$0
GCI LIBERTY INC	$102,327	$93,639
GENERAL DYNAMICS CORP	$0	$0
GENERAL ELECTRIC CORP	$54,522	$42,014
GENERAL MOTORS CO	$150,146	$143,835
GOLDMAN SACHS GROUP INC	$2,851,337	$1,876,640
HILTON WORLDWIDE HOLDINGS	$55,371	$58,661
INTEL CORP	$0	$0
IBM CORP	$1,838,580	$1,651,398
JOHNSON $ JOHNSON	$1,447,337	$1,290,500
JPMORGAN CHASE & CO	$0	$0
LIBERY BROADBAND CORP	$53,939	$46,677
LIBERTY GLOBAL PLC	$300,609	$188,340
LIBERTY TRIPADVISOR HOLDINGS	$10,510	$17,876
MACYS INC	$0	$0
MARRIOTT INTERNATIONAL	$206,062	$210,498
MERCK CO	$8,344,712	$9,030,745
MICROSOFT CORP	$280,525	$395,006
MOHAWK INDUSTRIES	$185,243	$110,644
MONDELEZ INTERNATIONAL	$0	$0
MONSANTO	$0	$0
MORGAN STANLEY	$145,088	$122,915
ORACLE GROUP	$238,434	$216,359
PEPSICO INC	$0	$0
PRUDENTIAL FINANCIAL INC	$2,207,242	$1,631,000
ROCHE HOLDINGS AG	$2,548,771	$2,475,842
ROYAL DUTCH SHELL PLC	$2,732,200	$2,330,800
SCHLUMBERGER LTD	$0	$0
THERMO FISHER SCIENTIFIC INC	$0	$0
TRIPADVISOR INC	$59,141	$93,532
UNITEDHEALTH GROUP INC	$2,027,443	$2,721,636
UNITED TECHNOLOGIES CORP	$2,733,744	$2,129,600
WALGREENS BOOT ALLIANCE INC	$3,645,769	$3,413,084
WELLS FARGO & CO	$258,907	$224,317
WR BERKLEY CORP	$0	$0
VERIZON	$11,327,000	$11,244,000
TWENTY FIRST CENTURY FOX	$197,015	$293,130
BARCLAYS	$90,963	$62,092

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$123,394,007	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$123,598,415	USGovtObligationsEOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$6,160	LegalFeesAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (17 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
BLACKSTONE GROUP, LP	$5,292,678	$3,826,525	$4,471,500
CANYON LAUREL INVESTMENT FUND	$0	$2,949,933	$3,019,546
CVC CAPITAL PTRS ASIA PAC II	$390,459	$379,170	$23,483
CVC EXECUTIVE FUND LLC	$572,006	$402,650	$15,711
EUROPE ENTERPRISE II ONSHORE	$511,774	$314,660	$99,844
GAVEA FUND PLUS LTD	$4,535,147	$0	$0
GLOBAL ATLANTIC FINANCIAL GR	$2,018,153	$2,018,189	$2,742,311
MILLENIUM INTERNATIONAL LTD	$7,500,000	$0	$0
MSDC DENALI INVESTORS, LP	$1,500,420	$1,504,051	$4,319,397
PALOMA INTERNATIONAL, LTD	$10,000,000	$0	$0
PFM HEALTHCARE OFFSHORE FUND	$10,000,000	$10,000,000	$9,893,154
RRE VENTURES IV LP	$1,251,960	$1,115,995	$3,344,542
RRE VENTURES V LP	$1,952,591	$1,670,715	$2,988,129
STERLING AMERICAN PROPERTY V-C	$2,901,849	$2,687,459	$925,657
TEGEAN OFFSHORE FUND, LTD	$9,827,995	$3,485,369	$3,955,195
TWO SIGMA COMPASS CAYMAN FUND	$5,000,000	$5,000,000	$5,514,466
TWO SIGMA SPECTRUM CAYMAN FUND	$5,000,000	$5,000,000	$7,507,910

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (14 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
BLACKSTONE GROUP, LP	$7,903	$7,857
CANYON LAUREL INVESTMENT FUND	$4,693	$4,693
STERLING AMERICAN PROPERTY	$21,451	$21,451
EUROPE ENTERPRISE II ONSHORE	$9,869	$9,869
CVC EXECUTIVE FUND, LLC	$16,361	$16,361
CVC CAPITAL PARTNERS ASIA PAC	$1,510	$1,510
RRE VENTURES IV, LP	$3,771	$3,771
RRE VENTURES V, LP	$80,767	$80,767
MSDC DENALI INVESTORS, LP	$15,923	$15,923
RRE VENTURES IV MGMT FEE	$8,143	$8,143
EAGLE CAPITAL MANAGEMENT	$44,706	$44,706
SCHWAB ADR FEES	$726	$726
POSTAGE	$217
BANK FEES	$150

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (11 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
BLACKSTONE GROUP, LP	$81,594	$56,295
STERLING AMERICAN PROPERTY, LLC	$305	$305
EUROPE ENTERPRISE II ONSHORE, LP	-$27	-$27
CVC EXECUTIVE FUND, LLC	$672	$672
CVC CAPITAL PARTNERS ASIA PACIFIC II, LP	$9	$9
RRE VENTURES IV, LP	-$1,485	-$1,488
RRE VENTURES V, LP	-$586	-$586
US TREASURY- 2017 TAX REFUND APPLIED	$130,868
SECURITIES SETTLEMENT	$7,831
CERBERUS FIM INVESTORS RESCAP, LLC	$1,063	$1,063
GOLDMAN SACHS- BAYER AG	$886	$886

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
FINANCIAL REPORTING	$51,918	$51,918
CONSULTING	$75,000

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (7 entries)

CategoryCategoryTxt	AmtAmt
OVERPAYMENT APPLIED FROM 2017	$130,868
ESTIMATED TAX PAYMENTS	$747,000
STATE FILING FEES	$1,835
BLACKSTONE FOREIGN TAX PAID	$957
MERRILL LYNCH FOREIGN TAX PAID	$22,560
GOLDMAN SACHS FOREIGN TAX PAID	$120,841
SCHWAB FOREIGN TAX PAID	$4,114