MARINA KELLEN FRENCH TR FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: MARINA KELLEN FRENCH TR FOUNDATION (EIN 13-7270721)
Tax period: 2014-01-01 to 2014-12-31
Filed: 2015-11-13
IRS object ID: 201523179349100317
Schema version: 2014v5.0
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
Accounting Fees Schedule
Investments Corp Bonds Schedule
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-11-13T08:46:52-06:00	ReturnTs
Tax Period End	2014-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	135504490	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	JOEL E SAMMET & CO LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	15 MAIDEN LANE SUITE 500	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10038	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2014-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	137270721	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MARINA KELLEN FRENCH FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MARI	BusinessNameControlTxt
Phone	2126983005	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	33 EAST 70TH STREET NO 6E	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10021	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARINA KELLEN FRENCH	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2126983005	PhoneNum
Signature	2015-11-04	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JEROME GRUBIN	PreparerPersonNm
PTIN	P00182226	PTIN
Phone	2122698628	PhoneNum

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-02-25 16:41:14Z	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	$11,247,512	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$310	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$310	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$820,995	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$3,349,216	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$820,995	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$957,657	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$0	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$1,778,962	TotalRevAndExpnssAmt
Total Net Invst Incm	$821,305	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$8,140	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$8,140	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$0	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$11,000	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$5,500	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$5,500	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$115,334	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$0	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$119,690	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$50,252	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$254,164	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$63,892	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$5,500	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$164,890	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$164,890	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$419,054	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$63,892	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$170,390	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$1,359,908	ExcessRevenueOverExpensesAmt
Net Investment Income	$757,413	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$46,243	CashBOYAmt
Cash EOY	-$126,603	CashEOYAmt
Cash EOYFMV	-$126,603	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$7,338,129	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$9,388,898	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$9,389,016	SavAndTempCashInvstEOYFMVAmt
Corporate Bonds BOY	$0	CorporateBondsBOYAmt
Corporate Bonds EOY	$500,000	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$500,000	CorporateBondsEOYFMVAmt
Other Investments BOY	$3,340,235	OtherInvestmentsBOYAmt
Other Investments EOY	$256,131	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$826,099	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$659,000	OtherAssetsBOYAmt
Other Assets EOY	$659,000	OtherAssetsEOYAmt
Other Assets EOYFMV	$659,000	OtherAssetsEOYFMVAmt
Total Assets BOY	$11,383,607	TotalAssetsBOYAmt
Total Assets EOY	$10,677,426	TotalAssetsEOYAmt
Total Assets EOYFMV	$11,247,512	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$11,383,607	UnrestrictedBOYAmt
Unrestricted EOY	$10,677,426	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$11,383,607	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$10,677,426	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$11,383,607	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$10,677,426	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$11,383,607	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$1,359,908	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$12,743,515	SubtotalAmt
Other Decreases	$2,066,089	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$10,677,426	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
GOODRICH PETE CORP.	2014-04-04	2014-12-10	$68,015	$333,261	-$265,246	-$265,246
GOODRICH PETE CORP.	2014-04-07	2014-12-10	$1,317	$6,386	-$5,069	-$5,069
KINDER MORGAN INC	2014-12-18	2014-12-19	$398,392	$421,913	-$23,521	-$23,521
KINDER MORGAN INC	2014-12-18	2014-12-31	$42	$41	$1	$1
KINDER MORGAN ENERGY PARTNERS LP	2012-05-18	2014-11-26	$465,491	$194,850	$270,641	$270,641
NUSTAR GP HOLDINGS LLC			$1,979,831	$1,309,397	$670,434	$670,434
WILLIAMS PARTNERS LP	2009-10-09	2014-12-10	$436,128	$262,373	$173,755	$173,755

Field	Value	IRS element (for citing)
Capital Gain Net Income	$820,995	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$569,293	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$10,968,368	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.051903	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$576,769	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$10,251,986	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.056259	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$849,660	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$10,435,529	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.081420	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$354,972	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$9,295,535	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.038187	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$421,254	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$6,715,440	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.062729	DistributionYr5Rt
Total Distribution	0.290498	TotalDistributionRt
Average Distribution	0.058100	AverageDistributionRt
Net Vl Noncharitable Assets	$11,608,404	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$674,448	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$7,574	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$682,022	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$170,390	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$15,148	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$15,148	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$15,148	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$20,000	EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax	$23,500	AppliedToEsTaxAmt
Total Payments And Credits	$43,500	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Overpayment	$28,352	OverpaymentAmt
Applied To ES Tax	$28,352	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	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
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	N/A	WebsiteAddressTxt
Individual With Books	THE FOUNDATION	IndividualWithBooksNm
Phone	2126983005	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	33 EAST 70TH STREET APT 6E	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10021	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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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
MARINA KELLEN FRENCH
33 EAST 70TH STREET	NEW YORK	NY	10021	TRUSTEE	0.00	$0	$0	$0
ANDREW GUNDLACH
1345 AVE OF THE AMERICAS	NEW YORK	NY	10105	TREASURER	0.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	DONATIONS TO PUBLICLY-SUPPORTED TAX-EXEMPT ORGANIZATIONS	Description1Txt
Expenses1	$0	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	NONE	Description1Txt
Expenses1	$0	Expenses1Amt
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$3,272,028	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$7,854,154	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$659,000	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$11,785,182	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$11,785,182	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$176,778	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$11,608,404	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$580,420	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$580,420	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$15,148	TaxBasedOnInvestmentIncomeAmt
Income Tax	$174,194	IncomeTaxAmt
Total Tax	$189,342	TotalTaxAmt
Distributable Before Adj	$391,078	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$391,078	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$391,078	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$170,390	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$170,390	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$170,390	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$391,078	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr3	$263,218	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$101,144	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$86,773	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$451,135	TotalExcessDistributionCyovAmt
Qualifying Distributions	$170,390	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$170,390	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$220,688	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$220,688	ExcessDistributionCyovAppCYAmt
Total Corpus	$230,447	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	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$230,447	ExcessDistriCyovToNextYrAmt
Excess From Year3	$42,530	ExcessFromYear3Amt
Excess From Year2	$101,144	ExcessFromYear2Amt
Excess From Year1	$86,773	ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	CountryRecipientForeignAddress/CountryCd	Foreign PostalRecipientForeignAddress/ForeignPostalCd
AMERICAN FRIENDS OF THE COURTAULD INSTITUTE
55 EAST END AVENUE	NEW YORK	NY	10028	PUBLIC CHARITY	GENERAL TAX-EXEMPT PURPOSES	$1,800
AMERICAN FRIENDS OF THE SALZBURG FESTIVAL
509 MADISON AVENUE	NEW YORK	NY	10022	PUBLIC CHARITY	GENERAL TAX-EXEMPT PURPOSES	$500
GLYNDEBOURNE
				PUBLIC CHARITY	GENERAL TAX-EXEMPT PURPOSES	$1,000	LEWES	EAST SUSSEX	UK	BN8 5UU
HAVANESE RESERVE INC
710 SUMMIT AVENUE	ST PAUL	MN	55105	PUBLIC CHARITY	GENERAL TAX-EXEMPT PURPOSES	$500
THE BREARLEY SCHOOL
610 E 83RD ST	NEW YORK	NY	10028	PUBLIC CHARITY	GENERAL TAX-EXEMPT PURPOSES	$7,000
THE FRICK COLLECTION
1 E 70TH STREET	NEW YORK	NY	10021	PUBLIC CHARITY	GENERAL TAX-EXEMPT PURPOSES	$2,500
THE METROPOLITAN MUSEUM OF ART
1000 FIFTH AVE	NEW YORK	NY	10028	PUBLIC CHARITY	GENERAL TAX-EXEMPT PURPOSES	$150,000
THE METROPOLITAN OPERA
10 LINCOLN CENTER PLAZA	NEW YORK	NY	10023	PUBLIC CHARITY	GENERAL TAX-EXEMPT PURPOSES	$1,200
THROUGH PARTNERSHIPS
PO BOX 781609	SAN ANTONIO	TX	78278	PUBLIC CHARITY	GENERAL TAX-EXEMPT PURPOSES	$390

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$164,890	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	$310	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Business	900099	BusinessCd
Unrelated Business Taxbl Incm	$957,657	UnrelatedBusinessTaxblIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$820,995	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$957,657	UnrelatedBusinessTaxblIncmAmt
Exclusion	$821,305	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,778,962	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$11,000	Amt
Net Investment Income	$5,500	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$5,500	DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	MATERIA INC.	BondNm
EOY Book Value	$500,000	EOYBookValueAmt
EOYFMV	$500,000	EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (5 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
KINDER MORGAN ENERGY PARNTERS L.P.	FMV	$0	$0
NUSTAR ENERGY L.P.	FMV	$38,800	$288,750
NUSTAR GP HOLDINGS LLC	FMV	$0	$0
SUBURBAN PROPANE PARTNERS L.P.	FMV	$217,331	$537,349
WILLIAMS PARTNERS L.P.	FMV	$0	$0

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$8,140	LegalFeesAmt
Net Investment Income	$8,140	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	OTHER TANGIBLE ASSETS	Desc
BOY Book Value	$659,000	BOYBookValueAmt
EOY Book Value	$659,000	EOYBookValueAmt
EOYFMV	$659,000	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	PY UNREALIZED LOSS ON INVESTMENTS	Desc
Amt	$2,066,089	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
NON-DEDUCTIBLE EXPENSES THROUGH INVESTMENT PARTNERSHIPS	$987	$0	$0
NYS DEP'T OF LAW - FILING FEE	$750	$750	$0
BROKER TRANSACTION CHARGES	$2,223	$2,223	$0
NYS CORP TAXES	$20,121	$20,121	$0
PASSTHROUGH LOSSES FROM INVESTMENT PARTNERSHIPS	$95,609	$27,158	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
ORDINARY INCOME PORTION OF KINDER MORGAN ENERGY PARTNERS LP SALE	$133,144	$0	$133,144
ORDINARY INCOME PORTION OF NUSTAR GP HOLDINGS SALE	$562,140	$0	$562,140
ORDINARY INCOME PORTION OF WILLIAMS PARTNERS SALE	$262,373	$0	$262,373

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	EXCISE TAXES PAID	CategoryTxt
Amt	$115,334	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt