2014-11-12T14:20:24-08:00 2013-12-31 Bencivenga Ward & Company CPAs PC 420 Columbus Avenue Suite 304 Valhalla NY 105951382 990PF 2013-01-01 136085929 WILLIAM S PALEY FOUNDATION INC co BENCIVENGA WARD & COMPANY CPAs PC WILL 9147695005 420 COLUMBUS AVENUE VALHALLA NY 10595 PATRICK S GALLAGHER Executive Director 2014-11-12 true Leonard J Bencivenga CPA P00116788 9147695005 2013 2015-12-30 17:16:21Z X 141338738 X X 725 725 1907205 1907205 825887 825887 152754 4611337 14844314 4611337 7345154 7345154 40000 20000 20000 3607 1803 1803 17172 8586 2451 130776 13078 99654 898898 827486 30000 599089 42358 31339 686482 673133 10760 2407363 1586444 164668 6474949 5677000 8882312 1586444 5841668 -1537158 5758710 67254 207497 207497 10231340 7777270 7777270 140623 132784 140623 140623 28791 33848 33848 399988 399988 64904847 83496261 83496261 23729790 28033251 28033251 2757832 1134798 805278 1623034 21250000 14640 14640 99900084 121711772 141338738 1205823 1670376 3089865 3892814 64052589 78102436 68348277 83665626 X 31551807 38046146 31551807 38046146 99900084 121711772 31551807 -1537158 22072514 52087163 14041017 38046146 4611337 4611337 false 5454039 92962827 0.05867 5440297 88327794 0.06159 5032261 81657593 0.06163 4834392 72036161 0.06711 15765007 94984184 0.16598 0.41497 0.08300 106476832 8837045 57587 8894632 6690762 115174 115174 115174 120000 40000 160000 X 846 43980 43980 false false false false false false false false true true NY true false false false false true N/A LEONARD J BENCIVENGA CPA 9147695005 420 COLUMBUS AVENUE SUITE 304 VALHALLA NY 105951382 false false false false true false false false false false false false false false false false false false true false false true false false false false PATRICK S GALLAGHER 420 COLUMBUS AVENUE SUITE 304 VALHALLA NY 10595 Executive Dir. 5.00 50000 HENRY A KISSINGER 420 COLUMBUS AVENUE SUITE 304 VALHALLA NY 10595 CHAIRMAN/DIR 1.00 0 WILLIAM C PALEY 420 COLUMBUS AVENUE SUITE 304 VALHALLA NY 10595 VICE PRES/DIR 1.00 0 DANIEL L MOSLEY 420 COLUMBUS AVENUE SUITE 304 VALHALLA NY 10595 TREAS&SEC/DIR 1.00 0 GEORGE J GILLESPIE III 420 COLUMBUS AVENUE SUITE 304 VALHALLA NY 10595 Director 1.00 0 NONE DP CONSULTING CORP 303 FIFTH AVENUE NEW YORK NY 10016 CONTRACTOR 782049 TWEEDY BROWNE & CO ONE STATION PLACAE 5TH FLOOR STAMFORD CT 06902 ADVISORY & CUSTODY 218366 BENCIVENGA WARD & COMPANY CPAS 420 COLUMBUS AVENUE SUITE 304 VALHALLA NY 10595 ACCOUNTING & TAX 62047 GRANT THORNTON LLP 33570 TREASURY CENTER CHICAGO IL 60694 AUDIT 50531 RUANE CUNNIFF & CO 767 FIFTH AVENUE NEW YORK NY 10153 ADVISORY & CUSTODY 561388 105306340 2791967 0 108098307 0 108098307 1621475 106476832 5323842 5323842 115174 115174 5208668 5208668 5208668 5841668 849094 6690762 6690762 5208668 11143388 1271705 1062371 1092188 926747 15496399 6690762 0 5208668 1482094 16978493 0 11143388 5835105 1271705 1062371 1092188 926747 1482094 X PATRICK S GALLAGHER 420 COLUMBUS AVENUE SUITE 304 VALHALLA NY 105951382 NO PARTICULAR FORM REQUIRED, BUT FULL FINANCIAL INFORMATION SHOULD BE DISCLOSED. NONE UNDER THE PROVISION OF THE FOUNDATION'S CHARTER, NO GRANTS MAY BE MADE TO INDIVIDUALS. THE GREENPARK FOUNDATION 420 COLUMBUS AVENUE SUITE 304 VALHALLA NY 10595 COMMON DIRECTORS POF PALEY PARK - PROGRAM SUPPORT 475000 CLEAN SOBER STREETS INC P O BOX 77114 WASHINGTON DC 20013 NONE PC GENERAL PROGRAM 5000 THE JERUSALEM FOUNDATION 60 EAST 42ND STREET NEW YORK NY 10165 NONE PC PALEY ART CENTER 75000 LEGAL ACTION CENTER 153 WAVERLY PLACE NEW YORK NY 10014 NONE PC GENERAL PROGRAM 5000 MADISON SQ BOYS GIRLS CLUB 250 FIFTH AVENUE NEW YORK NY 10118 NONE PC GENERAL PROGRAM 15000 THE METROPOLITAN MUSEUM OF ART 1000 FIFTH AVENUE NEW YORK NY 10028 NONE PC GENERAL PROGRAM 25000 THE MUSEUM OF MODERN ART 11 WEST 53RD STREET NEW YORK NY 10019 NONE PC GENERAL PROGRAM 110000 THE PALEY CENTER FOR MEDIA 25 WEST 52ND STREET NEW YORK NY 10019 NONE PC GENERAL PROGRAM 4122000 THE PALEY CENTER FOR MEDIA 25 WEST 52ND STREET NEW YORK NY 10019 NONE PC GENERAL PROGRAM 500000 OXFORD HOUSE 1010 WAYNE AVENUE SILVER SPRING MD 20910 NONE PC GENERAL PROGRAM 5000 WASHINGTON PROJECT FOR THE ART 500 SEVENTEENTH STREET NW WASHINGTON DC 20006 NONE PC GENERAL PROGRAM 5000 THE PALEY CENTER FOR MEDIA 25 WEST 52ND STREET NEW YORK NY 10019 NONE PC CHALLENGE GRANT 225000 NORTHWEST CENTER FOR THE ARTS 68 MAIN STREET TORRINGTON CT 06790 NONE PC GENERAL OPERATING SUPPORT 5000 GREENWICH EMERGENCY MEDICAL SERVICE 111 EAST PUTNAM RIVERSIDE CT 06878 NONE PC GENERAL OPERATING SUPPORT 2500 GREENWICH LIBRARY 101 WEST PUTNAM AVENUE GREENWICH CT 06830 NONE PC GENERAL OPERATING SUPPORT 2500 DC CENTRAL KITCHEN 425 2ND STREET NW WASHINGTON DC 20001 NONE PC GENERAL OPERATING SUPPORT 5000 TULANE UNIVERSITY 218 GIBSON HALL NEW ORLEANS LA 70118 NONE PC HISTORY PROFESSOR SUPPORT 5000 JEFFERSON SCHOLARS FOUNDATION P O BOX 3446 CHARLOTTESVILLE VA 22903 NONE PC STANLEY G. MORTIMER II SCHOLARSHIP 10000 PORTLAND MUSEUM OF ART SEVEN CONGRESS SQUARE PORTLAND ME 04101 NONE PC ANNUAL FUND 25000 BOYS GIRLS CLUB OF GREENWICH 4 HORSENECK LANE GREENWICH CT 06830 NONE PC GENERAL OPERATING SUPPORT 10000 THELONIOUS MONK INSTITUTE 5225 WISCONSIN AVENUE NW SUITE 605 WASHINGTON DC 20015 NONE PC GENERAL OPERATING SUPPORT 5000 COLUMBIA UNIVERSITY 475 RIVERSIDE DRIVE NEW YORK NY 10015 NONE PC DEPT OF OPHTHALMOLOGY 5000 FRIENDS OF VIRGIN ISLAND NATIONAL P PO BOX 811 ST JOHNS ST JOHNS VQ 00831 NONE PC GENERAL OPERATING SUPPORT 5000 WEST HILL POND ASSOCIATION 29 WHITE PINE LANE WEST HARTFORD CT 06107 NONE PC GENERAL OPERATING SUPPORT 5000 SO OTHERS MAY EAT 71 O STREET NW WASHINGTON DC 20001 NONE PC GENERAL OPERATING SUPPORT 5000 DOMUS FOUNDATION 83 LOCKWOOD AVENUE STAMFORD CT 06902 NONE PC GENERAL OPERATING SUPPORT 5000 THE MASTERS SCHOOL 49 CLINTON AVENUE DOBBS FERRY NY 10522 NONE PC GENERAL OPERATING SUPPORT 5000 BUILDING BRIDGES ACROSS THE RIVER 1901 MISSISSIPPI AVENUE SE WASHINGTON DC 20020 NONE PC GENERAL OPERATING SUPPORT 5000 INTERNATIONAL ARTS ARTISTS 9 HILLYER COURT NW WASHINGTON DC 20008 NONE PC GENERAL OPERATING SUPPORT 5000 5677000 THE PALEY CENTER FOR MEDIA 25 WEST 52ND STREET NEW YORK NY 10019 NONE PC PALEY TELEVISION FESTIVAL 1000000 THE PALEY CENTER FOR MEDIA 25 WEST 52ND STREET NEW YORK NY 10019 NONE PC GENERAL PROGRAM 1000000 THE PALEY CENTER FOR MEDIA 25 WEST 52ND STREET NEW YORK NY 10019 NONE PC GENERAL PROGRAM 1000000 THE JERUSALEM FOUNDATION 60 EAST 42ND STREET NEW YORK NY 10165 NONE PC PALEY ART CENTER 75000 THE MUSEUM OF MODERN ART 11 WEST 53RD STREET NEW YORK NY 10019 NONE PC GENERAL OPERATING SUPPORT 110000 THE PALEY CENTER FOR MEDIA 25 WEST 52ND STREET NEW YORK NY 10019 NONE PC PCM AWARDS 59865 THE PALEY CENTER FOR MEDIA 25 WEST 52ND STREET NEW YORK NY 10019 NONE PC GENERAL PROGRAM 600000 TULANE UNIVERSITY 218 GIBSON HALL NEW ORLEANS LA 70118 NONE PC HISTORY PROFESSOR SUPPORT 15000 CRYSTAL BRIDGES 600 MUSEUM WAY BENTONVILLE AR 72712 NONE PC GENERAL PROGRAM 50000 3909865 14 725 14 1907205 16 152754 18 4611337 6672021 6672021 false false false false false false false false false false AUDIT 50376 5038 0 45384 TAX & ACCOUNTING 80400 8040 0 54270 BENCIVENGA WARD & COMPANY CPAS DP CONSULTING CORP GRANT THORNTON LLP RUANE CUNNIFF & CO TWEEDY BROWNE & CO BUILIDING IMPROVEMENTS 2006-09-28 29650 5928 91 30.0000 988 PHOTOLUMINESCE 2006-05-31 10798 9258 91 7.0000 1540 BUILDING IMPROVEMENTS 2008-07-01 3035 1953 91 7.0000 434 CARPETING 5TH FLOOR 2009-09-02 2812 1340 91 7.0000 402 ELEVATOR IMPROVEMENTS 2012-10-01 355498 2962 91 30.0000 11850 LOCAL LAW 11 IMPROVEMENTS 2012-07-01 96081 1601 91 30.0000 3203 ELEVATOR IMPROVEMENTS 2013-10-01 30562 91 30.0000 255 LOCAL LAW 11 IMPROVEMENTS 2013-07-01 802108 91 30.0000 12667 General Explanation Supplemental Information for Form 990-PF STATEMENT 19FORM 990PF, PART II, LINE 22OTHER LIABILITIESFUNDS HELD FOR THE BENEFIT OF OTHERS -THE PALEY CENTER FOR MEDIA25 WEST 52ND STREETNEW YORK, NY 10019 $59,081,036THE GREENPARK FOUNDATION, INCC/O BENCIVENGA WARD & COMPANY, CPAS, PC420 COLUMBUS AVENUE, SUITE 304VALHALLA, NY 10595 $18,978,872TOTAL $78,059,908 General Explanation Supplemental Information for Form 990-PF STATEMENT 20FORM 990PF, PART VII-B, LINE 5CEXEMPTION FROM TAX ON TAXABLE EXPENDITURESDuring 2013, the Foundation made a grant of $475,000 to The Greenpark Foundation, Inc. (Greenpark, Federal ID# 13-6155738). Greenpark is a private operating foundation and has as its sole purpose the ownership, operation, and maintenance of a park open to the public. The officers and directors of Greenpark are also officers/directors of the Foundation. As such they are under common control.During 2013, Greenpark used the grant paid to it by the Foundation for the operation and maintenance of the park. In addition, Greenpark treated none of the grant as a qualifying distribution on its tax return for 2013 (Form 990PF), thereby allowing the grant of $475,000 to be treated as a qualifying distribution by the Foundation.Due to the common control of Greenpark and the foundation, the foundation has not formalized pre-grant and post-grant letters. It believes the Requirements of IRS Reg. 53.4945-5(d) are satisfied by the indicia of common control of the grantor and grantee. TWEEDY BROWNE GLOBAL VALUE FUND 14177564 14177564 JP MORGAN SHORT TERM BOND FUND 2878476 2878476 EATON VANCE MUTUAL FUNDS 1462769 1462769 HARBOR HIGH YIELD BOND FUND JP MORGAN HIGH YIELD BOND FUND 723168 723168 JP MORGAN STRATEGIC INCOME 2195047 2195047 JP MORGAN TOTAL RETURN FUND 1944872 1944872 PIMCO TOTAL RETURN FUND 2203543 2203543 RIDGEWORTH INTERMEDIATE BOND FUND VANGUARD FI SEC F INTR RFM CP PRT JPM CORE BOND FD - SEL DOUBLELINE TOTAL RETURN BOND 2175852 2175852 PRUDENTIAL TOTAL RETURN BOND 271960 271960 AKZO NOBEL N V A/D/R 388050 388050 AMERICAN EXPRESS CO 2590704 2590704 AMERICAN NATIONAL INSURANCE COMPANY 114540 114540 BERKSHIRE HATHAWAY, INC 7535642 7535642 BROWN & BROWN, INC 322532 322532 COCA COLA CO. 462672 462672 COMCAST CORP 353150 353150 SIRONA DENTAL SYSTEMS 171990 171990 DANAHER CORP 1821920 1821920 DIAGEO PLC 894100 894100 FASTENAL CORP 3419817 3419817 GLAXOSMITHKLINE PLC 300052 300052 HEINEKEN N V 901628 901628 IDEXX LABORATORIES, INC 1796270 1796270 MOHAWK INDUSTRIES 1045725 1045725 NATIONAL WESTERN LIFE INSURANCE 83608 83608 NESTLE S A A/D/R 1324031 1324031 NOVARTIS A G A/D/R 1229734 1229734 TJX COMPANIES INC 7832417 7832417 UNILEVER PLC A/D/R 123600 123600 UNILEVER N V 840727 840727 WAL MART STORES INC 459314 459314 CISCO SYSTEMS INC 412824 412824 UNIFIRST CORP 67517 67517 EMCOR GROUP INC 272635 272635 EXOR RSP NORFOLK SOUTHERN CORP ROLLS ROYCE GROUP PLC 2956406 2956406 EXOR SPA 22365 22365 CONOCO PHILLIPS 591341 591341 FIRST SOLAR INC DEVON ENERGY CORP 654894 654894 EMERSON ELECTRIC CO 416518 416518 RICHIE BROTHERS AUCTIONEERS INC 309394 309394 UNION PACIFIC CORP 166320 166320 IFI-ISTITUTO FINANZIARIO IND 3M CO 692835 692835 HENRY SCHEIN INC ADVANCED AUTO PARTS, INC 620804 620804 JOHNSON & JOHNSON 1071603 1071603 OMNICOM GROUP INC 910512 910512 PRAXAIR INC 791753 791753 PRECISION CASTPARTS CORP 3398566 3398566 IMI PLC 720908 720908 MASTERCARD INC 79369 79369 CANADIAN NATURAL RESOURCES LTD 86901 86901 QINETIQ GROUP PLC 1043266 1043266 BANK OF NEW YORK MELLON CORP 804319 804319 BAXTER INTERNATIONAL 517452 517452 COSTCO WHOLESALE CORP 1196151 1196151 CRODA INTERNATIONAL PLC 617451 617451 GOLDMAN SACHS GROUP INC 1000455 1000455 GOOGLE INC 2224609 2224609 HISCOX LTD 802255 802255 INTERNATIONAL BUSINESS MACHINES 1139113 1139113 PERRIGO CO 1010534 1010534 VALENT PHARAMACEUTICALS 16382583 16382583 VISA INC 1134555 1134555 WELLS FARGO 1090962 1090962 WORLD FUEL SERVICE CORP 653356 653356 SMA SOLAR TECHNOLOGY AG TOTAL SA 656814 656814 TRIMBLE NAVIGATION LTD 49552 49552 WATERS CORP 553200 553200 HALLIBURTON CO 489484 489484 HSBC HOLDINGS PLC 274933 274933 JACOBS ENGINEERING GROUP INC 413655 413655 NOVOZYMES A/S-B SHARES 512754 512754 PHILLIPS 66 60701 60701 PIRELLI & C SPA 2080675 2080675 TIFFANY & CO 456292 456292 JOY GLOBAL INC 75452 75452 399988 399988 Furniture and Fixtures 10798 10798 Buildings 379455 379455 Improvements 2026978 734390 1292588 1292588 Land 330446 330446 19957412 Miscellaneous 10155 10155 Machinery and Equipment 14640 14640 ADMINISTRATION 17172 8586 0 2451 NET CHANGE FOR GREENPARK ENDOWMENT 3619496 NET CHANGE FOR PALEY CENTER FOR MEDIA ENDOWMENT 10421521 FILING FEES 1500 GENERAL INSURANCE 1924 1924 OFFICE SUPPLIES & OTHER EXP 9205 8116 PAYROLL PROCESSING FEES 720 720 Rental Expenses 673133 673133 SECURITY DEPOSITS 33699 42528 SEE STATEMENT #19 64018890 78059908 ADMINISTRATION 71412 0 0 30000 CUSTODY FEES 827472 827472 0 0 FOREIGN EXCHANGE 14 14 0 0 EXCISE TAX - CURRENT 115638 EXCISE TAX - DEFERRED 441093 FOREIGN TAXES 42358 42358