2017-12-01T15:56:27-06:00 2017-09-30 HECHT AND COMPANY PC 350 5TH AVENUE - 68TH FL NEW YORK NY 101180110 990PF 2016-10-01 134082016 THE PAESTUM FOUNDATION INC % HECHT & COMPANY PC PAES 2128198000 C/O HECHT CO - 350 FIFTH AVE Suit NEW YORK NY 10118 MICHAEL HECHT TREASURER 2128198000 2017-12-01 true JAMES F MAHON P01223405 2128198000 2017-12-01 72.69.212.98 13030020173355000006 2017-12-01 P B6FD430A8EDFF5BAF9FCD9DDBA9472F8F1D09CD7 ACC17A17D7F60B5578AC16A1E502A6A96FB01BB5 2016 2017-02-10 21:41:12Z X 43302157 X 0 X 4707 4707 605519 601761 2035312 9927975 2035312 -69670 -69494 2575868 2572286 0 16005 0 0 16005 40858 20429 0 20429 220701 220313 7017 7017 65121 65121 349702 247759 0 101555 175000 175000 524702 247759 0 276555 2051166 2324527 476000 2889968 2889968 3699754 2507298 2478183 18514754 18161134 30402209 2087405 1360561 1365035 379789 477407 477407 3876855 5689355 5689355 29034557 31085723 43302157 0 0 X 29034557 31085723 29034557 31085723 29034557 31085723 29034557 2051166 31085723 31085723 S/T GAINS - STATEMENT ATTACHED P 2017-01-01 2017-06-30 3970232 3475150 495082 495082 L/T GAINS - STATEMENT ATTACHED P 2015-01-01 2017-09-30 5956713 4417513 1539200 1539200 S/T THRU PANCO STRATEGIC REAL ESTATE FUND III-QP LP P 2017-01-01 2017-06-30 810 810 810 L/T THRU PANCO STRATEGIC REAL ESTATE FUND III-QP LP P 2015-01-01 2017-09-30 220 220 220 2035312 false 2890503 30609367 0.094432 1817178 34513159 0.052652 1476878 34494742 0.042815 1372974 29076930 0.047219 1371369 26991257 0.050808 0.287926 0.057585 34700662 1998238 23245 2021483 2089055 X 23245 23245 23245 50187 50187 26942 26942 false false false 0 0 0 false false false false true true DE NY true false false false true true N/A HECHT & COMPANY PC 2128198000 350 FIFTH AVENUE - 68TH FL NEW YORK NY 10118 false false false false true false false false false false false false false false false false false false false false false MICHAEL HECHT 350 5TH AVENUE - 68TH FL NEW YORK NY 10118 DIRECTOR/SECRETARY/TREASURER 1.5 0 0 0 JOHN SILBERMAN 145 EAST 57TH STREET NEW YORK NY 10022 DIRECTOR / PRES 1.0 0 0 0 GREENHAVEN ASSOCIATES INC 3 MANHATTANVILLE ROAD PURCHASE NY 10577 INVESTMENT ADVISORY 208205 MAINTAINING A COLLECTION OF WORKS AND PHOTOGRAPHS FOR EXHIBITION AND LOAN TO MUSEUMS. PURCHASE ON 5/19/17 OF A PAINTING BY KENNETH NOLAND FOR $1,812,500 FOR LOAN PROGRAM. 2089055 NONE 33788658 963033 477407 35229098 0 35229098 528436 34700662 1735033 1735033 23245 23245 1711788 1711788 1711788 276555 0 1812500 0 0 2089055 23245 2065810 1711788 0 2014 2013 2012 0 131494 131494 2089055 0 1711788 377267 508761 0 0 508761 0 131494 377267 NA NA X FIDELITY CHARITABLE PO BOX 770001 CINCINNATI OH 45277 NONE PC GENERAL SUPPORT 175000 175000 14 4707 14 605519 18 2035312 PARTNERSHIP LOSS 01 -69670 2575868 2575868 false false false false false false false false false false PREPARATION OF ANNUAL REPORT AND 990 PF 20429 20429 BOOKKEEPING SERVICES 20429 20429 NONE GREENHAVEN ASSOCIATES INC none SEE ATTACHMENT 11.1 1360561 1365035 SEE ATTACHMENT 10.1 18161134 30402209 2387142 2357474 120156 120709 PANCO STRATEGIC REAL ESTATE FUND III QP LP AT COST 477407 477407 LEGAL FEES IN CONNECTION WITH TAX EXEMPT ACTIVITIES 16005 16005 ART 3876855 5689355 5689355 ART EXPENSES 41911 41911 INSURANCE 2501 2501 FILING FEES 1214 1214 PUBLIC INSPECTION AD 150 150 CONSULTING 19345 19345 PARTNERSHIP INCOME PANCO STRATEGIC REAL ESTATE FUND III QP ORDINARY LOSS -68880 -68880 OTHER DEDUCTIONS -614 -614 BOOK TAX DIFFERENCE -176 0 INVESTMENT & CUSTODIAL FEES 220701 220313 FOREIGN INCOME TAX 7017 7017