THOMAS L KEMPNER JR FOUNDATION INC: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: THOMAS L KEMPNER JR FOUNDATION INC (EIN 13-3407819)
Tax period: 2013-01-01 to 2013-12-31
Filed: 2014-11-11
IRS object ID: 201443159349100349
Schema version: 2013v3.0
Note: A later return for the same period supersedes this one.
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
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Liabilities Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2014-11-11T15:34:16-06:00	ReturnTs
Tax Period End	2013-12-31	TaxPeriodEndDt
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2013-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	133407819	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THOMAS L KEMPNER JR FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	THOM	BusinessNameControlTxt
Phone	2124464000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	65 EAST 55TH STREET	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10022	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	THOMAS L KEMPNER	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2124464000	PhoneNum
Signature	2014-11-10	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
PTIN	P00839914	PTIN
Phone	2122970400	PhoneNum

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2015-12-30 17:16:21Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$60,642,797	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	$3,966,762	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$78,460	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$78,460	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$3,264,344	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$4,600,457	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$3,266,900	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$342,436	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$350,465	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$0	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$7,652,002	TotalRevAndExpnssAmt
Total Net Invst Incm	$3,695,825	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	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	$0	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$260	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$260	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$14,250	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$7,125	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$7,125	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$80,000	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$0	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$39,765	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$39,015	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$750	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$134,275	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$46,140	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$8,135	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$2,761,950	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$2,761,950	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$2,896,225	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$46,140	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$2,770,085	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$4,755,777	ExcessRevenueOverExpensesAmt
Net Investment Income	$3,649,685	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$756,764	CashBOYAmt
Cash EOY	$392,598	CashEOYAmt
Cash EOYFMV	$392,598	CashEOYFMVAmt
Corporate Stock BOY	$1,806,895	CorporateStockBOYAmt
Corporate Stock EOY	$2,002,779	CorporateStockEOYAmt
Corporate Stock EOYFMV	$2,829,751	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$51,274	CorporateBondsBOYAmt
Corporate Bonds EOY	$51,274	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$0	CorporateBondsEOYFMVAmt
Other Investments BOY	$43,382,480	OtherInvestmentsBOYAmt
Other Investments EOY	$52,293,144	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$53,420,448	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$3,511,180	OtherAssetsBOYAmt
Other Assets EOY	$5,446,303	OtherAssetsEOYAmt
Other Assets EOYFMV	$4,000,000	OtherAssetsEOYFMVAmt
Total Assets BOY	$49,508,593	TotalAssetsBOYAmt
Total Assets EOY	$60,186,098	TotalAssetsEOYAmt
Total Assets EOYFMV	$60,642,797	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$6,060	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$7,050	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$6,060	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$7,050	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$49,502,533	RetainedEarningBOYAmt
Retained Earning EOY	$60,179,048	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$49,502,533	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$60,179,048	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$49,508,593	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$60,186,098	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$49,502,533	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$4,755,777	ExcessRevenueOverExpensesAmt
Other Increases	$6,175,450	OtherIncreasesAmt
Subtotal	$60,433,760	SubtotalAmt
Other Decreases	$254,712	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$60,179,048	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
19032 SHS GABRIEL RESOURCES LTD	P	2012-01-01	2013-12-31	$46,011	$57,333	-$11,322	-$11,322
197 SHS WILLIAMS PARTNERS LP	P	2012-01-01	2013-12-31	$9,499	$855	$8,644	$8,644
32275 SHS SPIRIT REALTY CAPITAL INC	P	2012-01-01	2013-12-31	$627,197	$370,951	$256,246	$256,246
STCG(L) - THROUGH K-1S	P	2012-01-01	2013-12-31		$214,965	-$214,965	-$214,965
LTCG(L) - THROUGH K-1S	P	2012-01-01	2013-12-31	$2,619,551		$2,619,551	$2,619,551
SECTION 1231 - THROUGH K-1S	P	2012-01-01	2013-12-31	$291,540		$291,540	$291,540
SECTION 1256 - THROUGH K-1S	P	2012-01-01	2013-12-31		$5,325	-$5,325	-$5,325
GAIN/LOSS PICKED UP ON 990T	P	2012-01-01	2013-12-31	$2,556		$2,556	$2,556
PUBLICLY TRADED SECURITIES	P	2012-01-01	2013-12-31	$169,822	$155,837	$13,985	$13,985
PUBLICLY TRADED SECURITIES	P	2012-01-01	2013-12-31	$834,281	$528,291	$305,990	$305,990

Field	Value	IRS element (for citing)
Capital Gain Net Income	$3,266,900	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$1,977,548	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$46,826,583	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.042231	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$1,862,109	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$40,582,654	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.045884	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$1,275,324	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$34,387,200	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.037087	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$1,139,516	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$24,211,327	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.047065	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$921,221	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$24,989,071	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.036865	DistributionYr5Rt
Total Distribution	0.209132	TotalDistributionRt
Average Distribution	0.041826	AverageDistributionRt
Net Vl Noncharitable Assets	$53,933,236	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$2,255,812	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$36,497	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$2,292,309	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$2,770,085	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	$36,497	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$36,497	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$36,497	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$90,339	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$90,339	TotalPaymentsAndCreditsAmt
Overpayment	$53,842	OverpaymentAmt
Applied To ES Tax	$53,842	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	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.GUIDESTAR.ORG	WebsiteAddressTxt
Individual With Books	THOMAS KEMPNER JR	IndividualWithBooksNm
Phone	2124464000	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	65 EAST 55TH STREET 19TH FLOOR	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10022	ZIPCode

Field	Value	IRS element (for citing)
Foreign Accounts Question	Yes (1)	ForeignAccountsQuestionInd
Foreign Country	OC	ForeignCountryCd

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 (4 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
THOMAS KEMPNER JR
65 EAST 55TH STREET 19TH FLOOR	NEW YORK	NY	10022	PRESIDENT	2.00	$0	$0	$0
KATHERYN C PATTERSON
65 EAST 55TH STREET 19TH FLOOR	NEW YORK	NY	10022	SECRETARY	0.50	$0	$0	$0
TREVOR KEMPNER
65 EAST 55TH STREET 19TH FLOOR	NEW YORK	NY	10022	DIRECTOR	0.50	$0	$0	$0
THOMAS N KEMPNER
65 EAST 55TH STREET 19TH FLOOR	NEW YORK	NY	10022	DIRECTOR	0.50	$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	NOT APPLICABLE	Description1Txt
Expenses1	$0	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	NOT APPLICABLE	Description1Txt
Expenses1	$0	Expenses1Amt
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$448,935	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$2,520,466	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$51,785,153	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$54,754,554	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$54,754,554	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$821,318	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$53,933,236	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$2,696,662	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$2,696,662	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$36,497	TaxBasedOnInvestmentIncomeAmt
Total Tax	$36,497	TotalTaxAmt
Distributable Before Adj	$2,660,165	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$2,660,165	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$2,660,165	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$2,770,085	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$2,770,085	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$36,497	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$2,733,588	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$2,660,165	DistributableAsAdjustedAmt
Undistributed Income PY	$1,956,554	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$2,770,085	QualifyingDistributionsAmt
Applied To Year1	$1,956,554	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$813,531	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$1,846,634	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	THOMAS KEMPNER JR	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
CENTRAL PARK CONSERVANCY
14 E 60TH ST	NEW YORK	NY	10022	NONE	501(C)(3)	UNRESTRICTED GRANT FOR EXEMPT PURPOSES	$600,000
COLUMBIA UNIVERSITY
630 WEST 168TH STREET	NEW YORK	NY	10032	NONE	501(C)(3)	UNRESTRICTED GRANT FOR EXEMPT PURPOSES	$450,000
GRAMEEN AMERICA
135 POST AVENUE	NEW YORK	NY	10034	NONE	501(C)(3)	UNRESTRICTED GRANT FOR EXEMPT PURPOSES	$50,000
HARLEM VILLAGE ACADEMIES
74 WEST 124TH STREET	NEW YORK	NY	10027	NONE	501(C)(3)	UNRESTRICTED GRANT FOR EXEMPT PURPOSES	$500,000
STANFORD UNIVERSITY
295 GALVEZ STREET	STANFORD	CA	94305	NONE	501(C)(3)	UNRESTRICTED GRANT FOR EXEMPT PURPOSES	$250,000
UNIVERSITY SETTLEMENT
189 ALLEN ST 1	NEW YORK	NY	10002	NONE	501(C)(3)	UNRESTRICTED GRANT FOR EXEMPT PURPOSES	$20,000
WILDLIFE CONSERVATION
602 SURF AVENUE	NEW YORK	NY	11224	NONE	501(C)(3)	UNRESTRICTED GRANT FOR EXEMPT PURPOSES	$41,950
YALE UNIVERSITY
38 HILLHOUSE AVENUE	NEW HAVEN	CT	06511	NONE	501(C)(3)	UNRESTRICTED GRANT FOR EXEMPT PURPOSES	$100,000
PHE - PLEDGE
1460 BROADWAY SUITE 5-24	NEW YORK	NY	10036	NONE	501(C)(3)	UNRESTRICTED GRANT FOR EXEMPT PURPOSES	$200,000
PHE - NY CHAPTER
1460 BROADWAY SUITE 5-24	NEW YORK	NY	10036	NONE	501(C)(3)	UNRESTRICTED GRANT FOR EXEMPT PURPOSES	$50,000
HARVARD BUSINESS SCHOOL
SOLDIERS FIELD	BOSTON	MA	02163	NONE	501(C)(3)	UNRESTRICTED GRANT FOR EXEMPT PURPOSES	$500,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$2,761,950	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)
Business	900000	BusinessCd
Exclusion	14	ExclusionCd
Exclusion	$78,460	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Business	900000	BusinessCd
Exclusion	14	ExclusionCd
Exclusion	$342,436	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Business	900000	BusinessCd
Unrelated Business Taxbl Incm	$2,883	UnrelatedBusinessTaxblIncmAmt
Exclusion	18	ExclusionCd
Exclusion	$3,261,462	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$2,883	UnrelatedBusinessTaxblIncmAmt
Exclusion	$3,682,358	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$3,685,241	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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1	CityContributorUSAddress/City	StateContributorUSAddress/State	ZIP CodeContributorUSAddress/ZIPCode	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd	Noncash ContributionNoncashContributionInd
THOMAS L KEMPNER
1	65 EAST 55TH STREET 19TH FLOOR	NEW YORK	NY	10022	$3,350,000	Yes (X)
THOMAS L KEMPNER
2	65 EAST 55TH STREET 19TH FLOOR	NEW YORK	NY	10022	$616,762		Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp

Field	Value	IRS element (for citing)
Contributor	2	ContributorNum
Noncash Property	32,275 SHS, SPIRIT REALTY CAPITAL INC	NoncashPropertyDesc
Fair Market Value	$616,762	FairMarketValueAmt
Received	2013-03-28	ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	PROFESSIONAL FEES	CategoryTxt
Amt	$14,250	Amt
Net Investment Income	$7,125	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$7,125	DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	VARIOUS BONDS - JPM	BondNm
EOY Book Value	$51,274	EOYBookValueAmt
EOYFMV	$0	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
VARIOUS COMMON STOCK - JPM	$475,871	$410,204
VARIOUS STOCKS - BRAVE WARRIOR	$1,526,908	$2,419,547

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (46 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
MHD MANAGEMENT COMPANY	AT COST	$8,127,303	$8,127,303
M H DAVIDSON & CO.	AT COST	$17,427,864	$17,427,864
AMERICAN REAL ESTATE PART(PREF	AT COST	$0	$0
SKYLINE VENTURE PARTNERS	AT COST	$16,550	$16,550
SKYLINE VENTURE PARTNERS II	AT COST	$16,202	$16,202
ARBITER PARTNERS	AT COST	$5,793,490	$5,971,189
SKYLINE VENTURE FUND III - PFD	AT COST	$0	$0
DRAWBRIDGE SPECIAL FUND	AT COST	$88,365	$88,365
SKYLINE VENTURE FUND III	AT COST	$41,262	$19,665
HEARTLAND PARTNERS LP	AT COST	$72,523	$72,523
FOREIGN CORP.-VAR. HEDGE FUNDS	AT COST	$1,126,182	$1,329,784
SKYLINE VENTURE FUND IV	AT COST	$242,282	$245,002
AQUILINE FINANCIAL	AT COST	$980,355	$980,560
NEW CENTURY HOLDINGS XI	AT COST	$52,350	$38,673
FOREIGN CURRENCY CONTRACTS	AT COST	$63,692	$49,731
AQUILINE DRAGON FUND OFFSHORE	AT COST	$58,988	$59,000
AQUILINE REAL ESTATE FUND LP	AT COST	$743,421	$743,721
ABRAMS CAPITAL PARTNERS II	AT COST	$1,503,651	$1,503,651
SKYLINE VENTURE PARTNERS V LP	AT COST	$289,475	$288,392
MKW	AT COST	$364,352	$193,918
AMERICAN SECURITIES PARTNERS	AT COST	$1,949,380	$1,949,380
NCH AGRIBUSINESS PARTNERS	AT COST	$457,010	$464,554
JCF III AIV I LP	AT COST	$160,599	$160,599
ASP V ALTERNATE INVESTMENTS LP	AT COST	$35,999	$35,998
HAWKEYE CAPITAL INSTITUTIONAL LP	AT COST	$1,388,278	$1,388,278
JCF III AIV SRV	AT COST	$479	$403
ASP FML CO-INVEST I	AT COST	$259,460	$259,460
JCF III AIV II LP	AT COST	$749,632	$749,632
MKW VENTURES LIMITED	AT COST	$12,978	$111,483
DK GROUP	AT COST	$1,907,671	$1,907,671
FINE CAPITAL	AT COST	$1,194,436	$1,194,436
ROBOTTI GLOBAL FUND	AT COST	$539,490	$539,490
AMERICAN SECURITIES PARTNERS VI	AT COST	$631,598	$631,598
CROSSHARBOR INSTITUTIONAL PARTNERS II	AT COST	$816,088	$1,243,519
HIGHBROOK INCOME PROPERTY FUND	AT COST	$946,370	$1,025,023
HOLT DISTRESSED PROPERTY FUND 2010	AT COST	$685,457	$685,457
HOLT DISTRESSED PROPERTY FUND (PARALLEL 1) 2010	AT COST	$191,543	$191,543
CIP II OHIO HOTELS	AT COST	$239,912	$239,912
HARBOR LITIGATION TRUST	AT COST	$351,120	$402,142
PENNYBACKER REAL ESTATE FUND	AT COST	$1,012,270	$1,206,865
HOLT OPPORTUNITY FUND 2013	AT COST	$213,026	$213,026
HOLT OPPORTUNITY FUND (PARALLEL 1) 2013	AT COST	$83,506	$83,506
AMPLIFY PARTNERS	AT COST	$166,652	$270,197
NAVITAS FUND	AT COST	$1,143,241	$1,143,241
WHITE DEER ENERGY LP	AT COST	$146,053	$146,052
JC FLOWERS	AT COST	$2,589	$4,890

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	PROFESSIONAL FEES	CategoryTxt
Legal Fees	$260	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$260	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
DUE FROM PARTNERSHIPS	-$988,820	$1,446,303	$0
LOAN TO HVA	$4,500,000	$4,000,000	$4,000,000

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Description	UNREALIZED APPRECIATION OF CONTRIBUTED SECURITIES	Description
Amount	$254,712	Amount

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MARGIN INTEREST	$2,455	$2,455	$0	$0
NY DEPT OF LAW	$750	$0	$0	$750
INVESTMENT MANAGEMENT FEES	$36,560	$36,560	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
UBTI TAXES ON 990T	-$8,029	$0
OTHER INCOME THROUGH K-1'S	$350,465	$350,465

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Description	UNREALIZED GAIN/LOSS & BOOK ADJ FROM K-1S	Description
Amount	$6,175,450	Amount

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
JC FLOWERS - NEGATIVE BASIS	$5,626	$0
DK PRESIDIO	$434	$434
SKYLINE VENTURES PARTNERS III	$0	$6,616

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	EXCISE TAXES - 2012 EXTENSION PAYMENT	CategoryTxt
Amt	$80,000	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt