KLINGENSTEIN-MARTELL FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: KLINGENSTEIN-MARTELL FOUNDATION (EIN 13-4078024)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2013-02-01
IRS object ID: 201310329349100406
Schema version: 2011v1.5
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
Depreciation Schedule
Investments Corp Stock Schedule
Land Etc Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-02-01T12:15:59-06:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate
Disaster Relief	HURRICANE SANDY	DisasterRelief

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TANTON AND COMPANY LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	37 WEST 57TH STREET - 5TH FLOOR	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	100193411	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	134078024	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE KLINGENSTEIN-MARTELL FOUNDATION	BusinessNameLine1
Business Name Line2	FKA THE SARAH D KLINGENSTEIN FOUNDATION	BusinessNameLine2

Field	Value	IRS element (for citing)
In Care Of Name	% JANET L MULLIGAN	InCareOfName
Name Control	KLIN	NameControl
Phone	2125831100	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	C/O TANTON AND CO37 W57TH ST 5TH F	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10019	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	SARAH K MARTELL	Name
Title	PRESIDENT	Title
Date Signed	2012-08-07	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	2125831100	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	4548712	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	535188	ContriReceivedRevAndExpnss
Dividends Rev And Expnss	73545	DividendsRevAndExpnss
Dividends Net Invst Incm	73545	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	520894	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	931039	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	520894	CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss	11884	OtherIncomeRevAndExpnss
Total Revenue And Expenses	1141511	TotalRevenueAndExpenses
Total Net Investment Income	594439	TotalNetInvestmentIncome
Legal Fees Rev And Expnss	2577	LegalFeesRevAndExpnss
Legal Fees Net Invst Incm	0	LegalFeesNetInvstIncm
Legal Fees Adj Net Incm	0	LegalFeesAdjNetIncm
Legal Fees Dsbrs Chrtbl Prps	2577	LegalFeesDsbrsChrtblPrps
Accounting Fees Rev And Expnss	5550	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	1388	AccountingFeesNetInvstIncm
Accounting Fees Adj Net Incm	0	AccountingFeesAdjNetIncm
Accounting Fees Dsbrs Chrtbl Prps	4163	AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss	28964	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	28964	OtherProfFeesNetInvstIncm
Taxes Rev And Expnss	6338	TaxesRevAndExpnss
Taxes Net Invst Incm	1838	TaxesNetInvstIncm
Other Expenses Rev And Expnss	806	OtherExpensesRevAndExpnss
Other Expenses Dsbrs Chrtbl Prps	806	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	44235	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	32190	TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm	0	TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	7546	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	438833	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	438833	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	483068	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	32190	TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm	0	TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps	446379	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	658443	ExcessOfRevenueOverExpenses
Net Investment Income	562249	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	13527	CashBOY
Cash EOY	5399	CashEOY
Cash EOYFMV	5399	CashEOYFMV
Savings And Temp Cash Invst BOY	211044	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	93978	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	93978	SavingsAndTempCashInvstEOYFMV
Accounts Receivable	1066	AccountsReceivable
Accounts Receivable BOY	12599	AccountsReceivableBOY
Accounts Receivable EOY	1066	AccountsReceivableEOY
Accounts Receivable EOYFMV	1066	AccountsReceivableEOYFMV
Investments Govt Oblig EOY	399941	InvestmentsGovtObligEOY
Investments Govt Oblig EOYFMV	399984	InvestmentsGovtObligEOYFMV
Investments Corp Stock BOY	5279295	InvestmentsCorpStockBOY
Investments Corp Stock EOY	5674560	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	4048285	InvestmentsCorpStockEOYFMV
Other Assets BOY	38	OtherAssetsBOY
Total Assets BOY	5516503	TotalAssetsBOY
Total Assets EOY	6174944	TotalAssetsEOY
Total Assets EOYFMV	4548712	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	5516503	CapitalStockBOY
Capital Stock EOY	6174944	CapitalStockEOY
Total Net Assets BOY	5516503	TotalNetAssetsBOY
Total Net Assets EOY	6174944	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	5516503	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	6174944	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	5516503	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	658443	ExcessOfRevenueOverExpenses
Subtotal	6174946	Subtotal
Other Decreases	2	OtherDecreases
Total Net Assets Fund Balances EOY	6174944	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (7 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date AcquiredDateAcquired	Date SoldDateSold	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses
US TREASURY BILLS	P	2010-09-22	2011-01-03	199970	199895	75	75
4,250 SHARES BERKSHIRE HATHAWAY B	D	1980-11-05	2011-03-08	363236	134	363102	363102
3,000 SHS CHICAGO BRIDGE & IRON	D	2003-10-23	2011-04-04	111667	40014	71653	71653
5,000 SHS E M C CORP MASS	P	2008-01-29	2011-03-01	135125	80104	55021	55021
2,000 SHS MANPOWERGROUP	D	2005-03-07	2011-06-01	117376	89998	27378	27378
ROYAL DUTCH SHELL LITIGATION SETTLEMENT	P			32		32	32
CAPITAL GAIN DIVIDENDS	P					3633

Field	Value	IRS element (for citing)
Capital Gain Net Income	520894	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	509512	QualifyingDistributionsYear1
Noncharitable Assets Year1	4230770	NoncharitableAssetsYear1
Distribution Ratio Year1	0.12043	DistributionRatioYear1
Qualifying Distributions Year2	520442	QualifyingDistributionsYear2
Noncharitable Assets Year2	3816270	NoncharitableAssetsYear2
Distribution Ratio Year2	0.136375	DistributionRatioYear2
Qualifying Distributions Year3	308793	QualifyingDistributionsYear3
Noncharitable Assets Year3	6102856	NoncharitableAssetsYear3
Distribution Ratio Year3	0.050598	DistributionRatioYear3
Qualifying Distributions Year4	171931	QualifyingDistributionsYear4
Noncharitable Assets Year4	7098253	NoncharitableAssetsYear4
Distribution Ratio Year4	0.024222	DistributionRatioYear4
Qualifying Distributions Year5	251646	QualifyingDistributionsYear5
Noncharitable Assets Year5	6308697	NoncharitableAssetsYear5
Distribution Ratio Year5	0.039889	DistributionRatioYear5
Total Distribution Ratio	0.371514	TotalDistributionRatio
Average Distribution Ratio	0.074303	AverageDistributionRatio
Net Noncharitable Assets	4525031	NetNoncharitableAssets
Adjusted Noncharitable Assets	336223	AdjustedNoncharitableAssets
One Percent Net Investment Income	5622	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	341845	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	446379	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	5622	InvestmentIncomeExciseTax
Subtotal	5622	Subtotal
Tax Based On Investment Income	5622	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	6028	EstTaxPaymentsAndOverpayment
Tax Paid With Extension	2000	TaxPaidWithExtension
Total Credits And Payments	8028	TotalCreditsAndPayments
Overpayment	2406	Overpayment
Amount Credited To Next Year	2406	AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	DE	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	n/a	WebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JANET L MULLIGAN	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	2125831100	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	37 W 57TH ST 5TH FL	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10019	ZIPCode

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	true	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	true	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions	false	ActsFailToQualifyAsExceptions
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Undistr Income4942a2 Not Applied	false	UndistrIncome4942a2NotApplied
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Relying Curr Notice Disaster Asst2	X	RelyingCurrNoticeDisasterAsst2
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation
SARAH K MARTELL
C/O TANTON COMPANY LLP	NEW YORK	NY	10019	PRESIDENT, TRUSTEE	0.5	0
ROBIN KRAUSE
PATERSON BELKNAP WEBB TYLER	NEW YORK	NY	10036	SECRETARY	0.1	0
LAUREN BRESLOW
C/O TANTON CO	NEW YORK	NY	10019	TREASURER	0.5	0
MICHAEL MARTELL
37 W57TH STREET 5TH FLOOR	NEW YORK	NY	10019	trustee	0	0

Field	Value	IRS element (for citing)
Summary Of Direct Charitable Acty		SummaryOfDirectCharitableActy
Sum Of Program Related Investments		SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	4460680	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	133260	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	4593940	TotalFMVOfUnusedAssets
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	4593940	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	68909	CashDeemedCharitable
Net Noncharitable Assets	4525031	NetNoncharitableAssets
Minimum Investment Return	226252	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	226252	MinimumInvestmentReturn
Tax Based On Investment Income	5622	TaxBasedOnInvestmentIncome
Total Tax	5622	TotalTax
Distributable Amount Before Adj	220630	DistributableAmountBeforeAdj
Distributable Amount Before Ded	220630	DistributableAmountBeforeDed
Distributable Amount As Adjusted	220630	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	446379	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Amounts Paid Acq Charitable Assets	0	AmountsPaidAcqCharitableAssets
Amounts Set Aside Suitability Test	0	AmountsSetAsideSuitabilityTest
Amounts Set Aside Cash Distri Test	0	AmountsSetAsideCashDistriTest
Qualifying Distributions	446379	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	5622	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	440757	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	220630	DistributableAmountAsAdjusted
Undistributed Income Prior Year	0	UndistributedIncomePriorYear
Prior Year1	2009	PriorYear1
Prior Year2	2008	PriorYear2
Prior Year3	2007	PriorYear3
Excess Distri Carryover Year3	0	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	30581	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	306917	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	337498	TotalExcessDistriCarryover
Qualifying Distributions	446379	QualifyingDistributions
Applied To Year1	0	AppliedToYear1
Applied To Current Year	220630	AppliedToCurrentYear
Remaining Distri From Corpus	225749	RemainingDistriFromCorpus
Total Corpus	563247	TotalCorpus
Taxable Amount2	0	TaxableAmount2
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	563247	ExcessDistriCyovToNextYear
Excess From Year3	0	ExcessFromYear3
Excess From Year2	30581	ExcessFromYear2
Excess From Year1	306917	ExcessFromYear1
Excess From Current Year	225749	ExcessFromCurrentYear

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

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	SARAH K MARTELL	ContributingManager
Shareholder Manager	NONE	ShareholderManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (7 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount	Address Line2RecipientUSAddress/AddressLine2
EMMA WILLARD SCHOOL
285 Pawling Avenue	Troy	NY	12180	NONE	PUBLIC CHARITY	ANNUAL FUND	$25,000
Maine Medical Center
272 Congress Street	Portland	ME	04101	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$17,500
Maine Lakes Resource Center
PO Box 431	BELGRADE LAKES	ME	04918	NONE	PUBLIC CHARITY	GENERAL SUPPORT	$17,333
THE TOWN SCHOOL
540 EAST 76TH STREET	NEW YORK	NY	10021	NONE	PUBLIC CHARITY	GENERAL PURPOSE	$100,000
COLUMBIA UNIVERSITY
622 WEST 168TH STREET	NEW YORK	NY	10032	NONE	PUBLIC CHARITY	MARTELL FD PRENATAL CARE CENTER	$150,000
YMYWHA - 92ND STREET Y
1395 LEXINGTON AVENUE	NEW YORK	NY	10128	NONE	PUBLIC CHARITY	GENERAL PURPOSE	$109,000
University at Buffalo Foundation Inc
Center for Tomorrow Flint Servic	Amherst	NY	14260	NONE	PUBLIC CHARITY	SCHOOL OF ARCHITECTURE	$20,000	University at Buffalo North Campus

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	438833	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Field	Value	IRS element (for citing)
Fees Contracts From Govt Agencies		FeesContractsFromGovtAgencies
Membership Dues And Assessments		MembershipDuesAndAssessments
Int On Savings And Temp Cash Invst		IntOnSavingsAndTempCashInvst

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$73,545	ExclusionAmount

Field	Value	IRS element (for citing)
Net Rental Incm Re Debt Fincd Prop		NetRentalIncmReDebtFincdProp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Incm Personal Property		NetRentalIncmPersonalProperty
Other Investment Income Part VII		OtherInvestmentIncomePartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$520,894	ExclusionAmount

Field	Value	IRS element (for citing)
Net Income Loss From Special Events		NetIncomeLossFromSpecialEvents
Gross Profit Loss Sales Of Invntry		GrossProfitLossSalesOfInvntry

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$606,323	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	606323	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	X	Organization501c3ExemptPF
General Rule	X	GeneralRule

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	1	ContributorNumber
Contributor Name Individual	JOHN KLINGENSTEIN	ContributorNameIndividual

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	C/O TANTON CO LLP 37 W57TH STREE	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10019	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	535188	AggregateContributions
Person Contribution Type	X	PersonContributionType
Noncash Contribution Type	X	NoncashContributionType

Noncash Property NoncashProperty

Field	Value	IRS element (for citing)
Contributor Number From Part I	1	ContributorNumberFromPartI
Noncash Property Description	6,250 SHARES BERKSHIRE HATHAWAY CL B STOCK	NoncashPropertyDescription
Fair Market Value	535188	FairMarketValue
Date Received	2011-03-07	DateReceived

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	TANTON AND COMPANY	Category
Amount	$5,550	Amount
Net Investment Income	1388	NetInvestmentIncome
Disbursements Charitable Prps	4163	DisbursementsCharitablePrps

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (2 entries)

Name Of StockNameOfStock	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
DOMESTIC & FOREIGN	5674560	4048285
(SEE ATTACHED)

Land Etc Schedule2 LandEtcSchedule2

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Field	Value	IRS element (for citing)
Category	PATTERSON BELKNAP WEBB & TYLER	Category
Amount	$2,577	Amount
Disbursements Charitable Prps	2577	DisbursementsCharitablePrps

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	ACCR'D RECEIVABLES	Description
BOY Book Value	38	BOYBookValue

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

Field	Value	IRS element (for citing)
Description	ROUNDING ERROR	Description
Amount	$2	Amount

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Disbursements Charitable PrpsDisbursementsCharitablePrps
STATE FILING FEES	726	726
BANK SERVICE CHARGES	80	80

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Field	Value	IRS element (for citing)
Description	FEDERAL TAX REFUND	Description
Revenue And Expenses Per Books	11884	RevenueAndExpensesPerBooks

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Field	Value	IRS element (for citing)
Category	KLINGENSTEIN FIELDS & CO	Category
Amount	$28,964	Amount
Net Investment Income	28964	NetInvestmentIncome

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome
FOREIGN TAX WITHHELD	$1,838	1838
FEDERAL TAX	$4,500