Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2016
Open to Public Inspection
For calendar year 2016, or tax year beginning 05-01-2016 , and ending 04-30-2017
Name of foundation
ANNA-MARIA AND STEPHEN KELLEN FOUNDATION
INC C/O JOEL E SAMMET & CO LLP
Number and street (or P.O. box number if mail is not delivered to street address)15 MAIDEN LANE SUITE 500
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10038
A Employer identification number

13-3173593
B Telephone number (see instructions)

(212) 269-8628
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,393,206,056J Accounting method:
INCOME TAX BASIS
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 35,881,630 35,881,630  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 52,324,012
b Gross sales price for all assets on line 6a 120,062,434
7 Capital gain net income (from Part IV, line 2)... 52,324,012
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 4,759,490 10,227,637  
12 Total. Add lines 1 through 11........ 92,965,132 98,433,279  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 12,000 6,000   6,000
14 Other employee salaries and wages...... 66,357 0   66,357
15 Pension plans, employee benefits....... 73,878 0   73,878
16a Legal fees (attach schedule)......... 17,898 0   17,898
b Accounting fees (attach schedule)....... 75,000 37,500   37,500
c Other professional fees (attach schedule).... 26,762 0   26,762
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 5,529,942 0   29,942
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 1,124,366 997,579   3,171
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,926,203 1,041,079   261,508
25 Contributions, gifts, grants paid....... 41,294,272 41,294,272
26 Total expenses and disbursements. Add lines 24 and 25 48,220,475 1,041,079   41,555,780
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 44,744,657
b Net investment income (if negative, enter -0-) 97,392,200
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2016)
Form 990-PF (2016)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 553,116,391 4,860,439 4,860,439
2 Savings and temporary cash investments.........   634,551,064 634,551,064
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 157,361,215 160,953,269 185,667,729
c Investments—corporate bonds (attach schedule)....... 15,860,468 21,044,672 21,930,782
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 500,841,978 450,740,765 545,259,292
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) 1,162,250 936,750 936,750
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,228,342,302 1,273,086,959 1,393,206,056
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 1,228,342,302 1,273,086,959
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 1,228,342,302 1,273,086,959
31 Total liabilities and net assets/fund balances (see instructions). 1,228,342,302 1,273,086,959
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,228,342,302
2
Enter amount from Part I, line 27a .....................
2
44,744,657
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,273,086,959
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,273,086,959
Form 990-PF (2016)
Form 990-PF (2016)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a)
List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b NEW EAGLE HOLDINGS - DISTRIBUTION IN EXCESS OF BASIS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 77,399,181   67,738,422 9,660,759
b 42,663,253     42,663,253
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       9,660,759
b       42,663,253
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 52,324,012
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2015 37,031,298 1,189,923,356 0.031121
2014 33,811,947 763,459,629 0.044288
2013 24,158,997 572,933,332 0.042167
2012 19,238,505 493,088,259 0.039016
2011 17,637,677 468,738,893 0.037628
2
Total of line 1, column (d) .....................
20.194220
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years ......
30.038844
4
Enter the net value of noncharitable-use assets for 2016 from Part X, line 5......
41,357,650,215
5
Multiply line 4 by line 3......................
552,736,565
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6973,922
7
Add lines 5 and 6........................
753,710,487
8
Enter qualifying distributions from Part XII, line 4,.............
841,555,780
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2016)
Form 990-PF (2016)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 1,947,844
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,947,844
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,947,844
6 Credits/Payments:
a 2016 estimated tax payments and 2015 overpayment credited to 2016 6a 2,116,907
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,000,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,116,907
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,169,063
11 Enter the amount of line 10 to be: Credited to 2017 estimated taxBullet1,169,063 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2016 or the taxable year beginning in 2016 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2016)
    Form 990-PF (2016)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTHE ORGANIZATION Telephone no.bullet (212) 698-3300

    Located atbullet1345 AVENUE OF THE AMERICASNEW YORKNY ZIP+4bullet10105
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2016, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2016?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2016, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2016?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2016 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2016.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2016?
    4b
     
    No
    Form 990-PF (2016)
    Form 990-PF (2016)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2016)
    Form 990-PF (2016)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MICHAEL M KELLEN PRESIDENT
    20.00     		0 0 0
    1345 AVE OF THE AMERICAS
    NEW YORK,NY10105
    MARINA K FRENCH VICE-PRESIDENT
    20.00     		12,000 0 0
    1345 AVE OF THE AMERICAS
    NEW YORK,NY10105
    ANDREW GUNDLACH SECRETARY/TREASURER
    5.00     		0 0 0
    1345 AVE OF THE AMERICAS
    NEW YORK,NY10105
    NINA M GORRISSEN DIRECTOR
    5.00     		0 0 0
    LAGUNA DEL SAUCE PO BOX 52-060
    MALDONADO    
    UY
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2016)
    Form 990-PF (2016)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    273,133,744
    b
    Average of monthly cash balances.......................
    1b
    616,800,813
    c
    Fair market value of all other assets (see instructions)................
    1c
    488,390,534
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,378,325,091
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,378,325,091
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    20,674,876
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,357,650,215
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    67,882,511
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    67,882,511
    2a
    Tax on investment income for 2016 from Part VI, line 5......
    2a
    1,947,844
    b
    Income tax for 2016. (This does not include the tax from Part VI.)...
    2b
    751,399
    c
    Add lines 2a and 2b............................
    2c
    2,699,243
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    65,183,268
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    65,183,268
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    65,183,268
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    41,555,780
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    41,555,780
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    41,555,780
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2016)
    Form 990-PF (2016)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2015     		(c)
    2015     		(d)
    2016
    1 Distributable amount for 2016 from Part XI, line 7 65,183,268
    2 Undistributed income, if any, as of the end of 2016:
    a Enter amount for 2015 only....... 29,981,434
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2016:
    a From 2011......  
    b From 2012......  
    c From 2013......  
    d From 2014......  
    e From 2015......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2016 from Part
    XII, line 4: bullet$ 41,555,780
    a Applied to 2015, but not more than line 2a 29,981,434
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2016 distributable amount..... 11,574,346
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2016. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2015. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2017 ..........     		53,608,922
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2011 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2017.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2012....  
    b Excess from 2013....  
    c Excess from 2014....  
    d Excess from 2015....  
    e Excess from 2016....  
    Form 990-PF (2016)
    Form 990-PF (2016)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2016, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2016 (b) 2015 (c) 2014 (d) 2013
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NINA M GORRISSEN
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2016)
    Form 990-PF (2016)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ABCD INC
    1070 PARK AVENUE
    BRIDGEPORT,CT066043400     		  PC GENERAL TAX EXEMPT PURPOSESGENERAL TAX EXEMPT PURPOSES 39,000
    ACADEMY OF THE ARTS - PS X335
    888 REV JAMES A POLITE AVENUE
    BRONX,NY10459     		  PC GENERAL TAX EXEMPT PURPOSES 95,905
    ACKERMAN INSTITUTE FOR THE FAMILY
    936 BROADWAY
    NEW YORK,NY10010     		  PC GENERAL TAX EXEMPT PURPOSES 25,000
    ACT OF CONNECTICUT INC
    63 HIGH RIDGE AVENUE
    RIDGEFIELD,CT06877     		  PC GENERAL TAX EXEMPT PURPOSESGENERAL TAX EXEMPT PURPOSES 150,000
    AFAR - AMERICAN FEDERATION FOR AGING RESEARCH
    55 W 39TH STREET 16
    NEW YORK,NY10018     		  PC GENERAL TAX EXEMPT PURPOSES 25,000
    AHA FOUNDATION
    130 7TH AVENUE STE 236
    NEW YORK,NY10011     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    ALDRICH CONTEMPORARY ART MUSEUM
    258 MAIN STREET
    RIDGEFIELD,CT06877     		  PC GENERAL TAX EXEMPT PURPOSES 210,000
    AMERICAN ACADEMY IN BERLIN
    17-19 AM SANDWERDER
    BERLIN   14109
    GM     		  PC GENERAL TAX EXEMPT PURPOSES 2,014,022
    AMERICAN BALLET THEATER
    890 BROADWAY 3RD FLOOR
    NEW YORK,NY10003     		  PC GENERAL TAX EXEMPT PURPOSES 25,000
    AMERICAN CHESTNUT FOUNDATION
    50 NORTH MERRIMON AVENUE SUITE 115
    ASHEVILLE,NC28804     		  PC GENERAL TAX EXEMPT PURPOSES 20,000
    AMERICAN COUNCIL ON GERMANY
    14 E 60TH ST 1000
    NEW YORK,NY10022     		  PC GENERAL TAX EXEMPT PURPOSES 35,000
    AMERICAN FEDERATION OF ARTS
    10TH FL 305 E 47TH ST
    NEW YORK,NY10017     		  PC GENERAL TAX EXEMPT PURPOSES 1,000
    AMERICAN FOUNDATION FOR THE PARIS SCHOOL OF ECONOMICS
    149 E 63RD STREET
    NEW YORK,NY10065     		  PC GENERAL TAX EXEMPT PURPOSES 1,000
    AMERICAN MUSEUM OF NATURAL HISTORY
    CENTRAL PARK W 79TH ST
    NEW YORK,NY10024     		  PC GENERAL TAX EXEMPT PURPOSES 5,000
    AMERICAN SKIN ASSOCIATION
    6 EAST 43RD STREET
    NEW YORK,NY10017     		  PC GENERAL TAX EXEMPT PURPOSES 175,000
    AMERICARES
    88 HAMILTON AVE
    STAMFORD,CT06906     		  PC GENERAL TAX EXEMPT PURPOSES 100,000
    ART21 INC
    133 W 25TH STREET 3E
    NEW YORK,NY10001     		  PC GENERAL TAX EXEMPT PURPOSES 550,000
    ASIA SOCIETY
    725 PARK AVENUE
    NEW YORK,NY10021     		  PC GENERAL TAX EXEMPT PURPOSES 35,000
    ASPCA
    424 EAST 92ND STREET
    NEW YORK,NY10128     		  PC GENERAL TAX EXEMPT PURPOSES 1,000
    AUTISM SPEAKS
    1 E 33RD STREET
    NEW YORK,NY10016     		  PC GENERAL TAX EXEMPT PURPOSES 6,000
    BALLET HISPANICO
    167 W 89TH STREET
    NEW YORK,NY10024     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    BARD COLLEGE
    30 CAMPUS ROAD
    ANNANDALEONHUDSON,NY12504     		  PC GENERAL TAX EXEMPT PURPOSES 1,250,000
    BED-STUY CAMPAIGN AGAINST HUNGER
    2010 FULTON ST
    BROOKLYN,NY11233     		  PC GENERAL TAX EXEMPT PURPOSES 25,000
    BRADFORD EDUCATIONAL FOUNDATION
    300 CAMPUS DRIVE
    BRADFORD,PA167019980     		  PC GENERAL TAX EXEMPT PURPOSES 25,000
    BREARLEY SCHOOL
    601 EAST 83RD STREET
    NEW YORK,NY10028     		  PC GENERAL TAX EXEMPT PURPOSES 240,000
    BRICK CHURCH
    1140 PARK AVENUE
    NEW YORK,NY10128     		  PC GENERAL TAX EXEMPT PURPOSES 21,000
    BROOKINGS INSTITUTION
    1775 MASSACHUSETTS AVENUE NW
    WASHINGTON,DC20036     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    BROOKS SCHOOL
    1160 GREAT POND ROAD
    NORTH ANDOVER,MA01845     		  PC GENERAL TAX EXEMPT PURPOSES 500,000
    CAMBRIDGE IN AMERICA
    1120 6TH AVE
    NEW YORK,NY10036     		  PC GENERAL TAX EXEMPT PURPOSES 150,000
    CANCER RESEARCH INSTITUTE
    ONE EXCHANGE PLAZA 55 BROADWAY STE
    1802
    NEW YORK,NY10006     		  PC GENERAL TAX EXEMPT PURPOSES 5,075,000
    CARNEGIE HALL SOCIETY
    881 7TH AVENUE
    NEW YORK,NY10019     		  PC GENERAL TAX EXEMPT PURPOSES 890,000
    CAROLINE PREVIDI FOUNDATION
    PO BOX 3482
    NEWTOWN,CT06470     		  PC GENERAL TAX EXEMPT PURPOSES 5,000
    CATHEDRAL CHURCH OF ST JOHN THE DIVINE
    1047 AMSTERDAM AVENUE
    NEW YORK,NY10025     		  PC GENERAL TAX EXEMPT PURPOSES 4,000
    CENTER FOR ARTS EDUCATION
    266 WEST 37TH STREET 9TH FLOOR
    NEW YORK,NY10018     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    CENTER FOR CURATORIAL LEADERSHIP
    174 EAST 80TH STREET
    NEW YORK,NY10075     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    CENTRAL PARK CONSERVANCY
    14 EAST 60TH STREET
    NEW YORK,NY10022     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    CHAMPLAIN AREA TRAILS
    6482 MAIN STREET
    WESTPORT,NY12993     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    CHELSEA MUSIC FESTIVAL
    PARK WEST STATION NUMBER 20435
    NEW YORK,NY10025     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    CHESS IN THE SCHOOLS
    520 8TH AVENUE 2
    NEW YORK,NY10018     		  PC GENERAL TAX EXEMPT PURPOSES 2,500
    CHEZ BUSHWICK
    304 BOERUM STREET 23
    BROOKLYN,NY11206     		  PC GENERAL TAX EXEMPT PURPOSES 2,500
    CHILD MIND INSTITUTE
    445 PARK AVENUE
    NEW YORK,NY10022     		  PC GENERAL TAX EXEMPT PURPOSES 5,000
    CITY HARVEST INC
    5501 2ND STREET
    LONG ISLAND CITY,NY11101     		  PC GENERAL TAX EXEMPT PURPOSES 75,000
    CIVITAS
    1457 LEXINGTON AVENUE
    NEW YORK,NY10128     		  PC GENERAL TAX EXEMPT PURPOSES 2,500
    COHME INC
    11 BROADWAY
    NEW YORK,NY10004     		  PC GENERAL TAX EXEMPT PURPOSES 100,000
    COLUMBIA BUSINESS SCHOOL
    3022 BROADWAY
    NEW YORK,NY10027     		  PC GENERAL TAX EXEMPT PURPOSES 700,000
    COLUMBIA UNIVERSITY GRADUATE SCHOOL OF ARTS AND SCIENCES
    535 W 116TH STREET 109
    NEW YORK,NY10027     		  PC GENERAL TAX EXEMPT PURPOSES 6,000
    COLUMBIA UNIVERSITYDEPT OF OPHTHALMOLOGY
    635 W 165TH STREET 218
    NEW YORK,NY10032     		  PC GENERAL TAX EXEMPT PURPOSES 225,000
    COPD FOUNDATION
    20F STREET NW STE 200A
    WASHINGTON,DC20001     		  PC GENERAL TAX EXEMPT PURPOSES 278,217
    COUNCIL ON FOREIGN RELATIONS
    THE HAROLD PRATT HOUSE 58 E 68TH ST
    NEW YORK,NY10065     		  PC GENERAL TAX EXEMPT PURPOSES 750,000
    CURTIS INSTITUTE OF MUSIC
    1726 LOCUST STREET
    PHILADELPHIA,PA19103     		  PC GENERAL TAX EXEMPT PURPOSES 2,500,000
    DANA-FARBER CANCER INSTITUTE
    PO BOX 849168
    BOSTON,MA02284     		  PC GENERAL TAX EXEMPT PURPOSES 175,000
    DANBURY HOSPITAL
    24 HOSPITAL AVENUE
    DANBURY,CT068106099     		  PC GENERAL TAX EXEMPT PURPOSES 600,000
    DE LA SALLE ACADEMY
    332 W 43RD STREET
    NEW YORK,NY10036     		  PC GENERAL TAX EXEMPT PURPOSES 75,000
    DENNISTON HILL
    PO BOX 728
    GLEN WILD,NY12738     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    DKMS - DELETE BLOOD CANCER
    100 BROADWAY 6TH FLOOR
    NEW YORK,NY10005     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    DOE FUND INC
    232 E 84TH STREET
    NEW YORK,NY10028     		  PC GENERAL TAX EXEMPT PURPOSES 1,000
    DUTCHESS LAND CONSERVANCY
    4289 ROUTE 82
    MILLBROOK,NY12545     		  PC GENERAL TAX EXEMPT PURPOSES 5,000
    DWIGHT SCHOOL FOUNDATION
    291 CENTRAL PARK WEST
    NEW YORK,NY10024     		  PC GENERAL TAX EXEMPT PURPOSES 25,000
    EAST HILL SYNAGOGUE CHESSED FUND
    255 WALNUT STREET
    ENGLEWOOD,NJ07631     		  PC GENERAL TAX EXEMPT PURPOSES 200,000
    EL PUENTE
    211 SOUTH 4TH STREET
    BROOKLYN,NY11211     		  PC GENERAL TAX EXEMPT PURPOSES 25,000
    ELYSIUM - BETWEEN TWO CONTINENTS INC
    303 E 83RD STREET 17E
    NEW YORK,NY10028     		  PC GENERAL TAX EXEMPT PURPOSES 25,000
    EPISCOPAL DIOCESE OF NEW YORK
    1047 AMSTERDAM AVENUE
    NEW YORK,NY10025     		  PC GENERAL TAX EXEMPT PURPOSES 15,000
    EPONA'S PATH INC
    2799 PALM DEER DRIVE
    LOXAHATCHEE,FL33470     		  PC GENERAL TAX EXEMPT PURPOSES 12,500
    ESF COLLEGE FOUNDATION
    1 FORESTRY DRIVE
    SYRACUSE,NY13210     		  PC GENERAL TAX EXEMPT PURPOSES 30,000
    EVERGLADES FOUNDATION
    18001 OLD CUTLER RD STE 625
    PALMETTO BAY,FL33157     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    FERALS IN PERIL
    1751 BATH AVENUE
    BROOKLYN,NY11214     		  PC GENERAL TAX EXEMPT PURPOSES 155,000
    FOOD ALLERGY RESEARCH & EDUCATION
    515 MADISON AVENUE 1912
    NEW YORK,NY10022     		  PC GENERAL TAX EXEMPT PURPOSES 158,500
    FOOD BANK OF NEW YORK CITY
    39 BROADWAY
    NEW YORK,NY10038     		  PC GENERAL TAX EXEMPT PURPOSES 100,000
    FOOD FOR NEEDY
    5055 COLLINS AVE 12J/K
    MIAMI BEACH,FL33140     		  PC GENERAL TAX EXEMPT PURPOSES 2,500
    FORDHAM UNIVERSITY
    LINCOLN CENTER 33 W 60TH ST
    NEW YORK,NY10023     		  PC GENERAL TAX EXEMPT PURPOSES 55,000
    FRACTURED ATLAS
    248 WEST 35TH STREET 10TH FLOOR
    NEW YORK,NY10001     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    FRANKLIN LAND TRUST
    5 MECHANIC STREET
    SHELBURNE FALLS,MA01370     		  PC GENERAL TAX EXEMPT PURPOSES 5,000
    FRICK COLLECTION
    1 EAST 70TH STREET
    NEW YORK,NY10021     		  PC GENERAL TAX EXEMPT PURPOSES 110,000
    FRIENDS OF RIDGEFIELDCHIRP
    TOWN HALL 400 MAIN ST
    RIDGEFIELD,CT06877     		  PC GENERAL TAX EXEMPT PURPOSES 3,500
    FRIENDS OF RIDGEFIELD PARKS AND RECREATION
    CITY HALL 230 PIONEER STREET
    RIDGEFIELD,WA98642     		  PC GENERAL TAX EXEMPT PURPOSES 5,000
    FRIENDS OF THE MUSEE DES ARTS DECORATIFS
    107 RUE DE RIVOLI
    PARIS   75001
    FR     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    FRIENDS OF UNITED HATZALAH
    208 E 51ST STREET STE 303
    NEW YORK,NY10022     		  PC GENERAL TAX EXEMPT PURPOSES 120,000
    FRIENDS OF THE UPPER EAST SIDE HISTORIC DISTRICT
    36 E 68TH STREET
    NEW YORK,NY10065     		  PC GENERAL TAX EXEMPT PURPOSES 2,250
    FUND FOR PARK AVENUE
    445 PARK AVENUE 9TH FLOOR
    NEW YORK,NY10022     		  PC GENERAL TAX EXEMPT PURPOSES 1,000
    GEORGETOWN UNIVERSITY
    37TH O STREET NW
    WASHINGTON,DC20057     		  PC GENERAL TAX EXEMPT PURPOSES 175,000
    GROTON SCHOOL
    282 FARMERS ROW
    GROTON,MA01450     		  PC GENERAL TAX EXEMPT PURPOSES 100,000
    GUIDE DOG FOUNDATION FOR THE BLIND
    EAST 371 JERICHO TURNPIKE
    SMITHTOWN,NY11787     		  PC GENERAL TAX EXEMPT PURPOSES 1,000
    HARLEM SCHOOL OF THE ARTS
    645 ST NICHOLAS AVENUE
    NEW YORK,NY10030     		  PC GENERAL TAX EXEMPT PURPOSES 60,000
    HIP TO HIP THEATRE COMPANY
    5240 39TH DRIVE 9U
    WOODSIDE,NY11377     		  PC GENERAL TAX EXEMPT PURPOSES 5,000
    HOSPITAL FOR SPECIAL SURGERY
    535 E 70TH STREET
    NEW YORK,NY10021     		  PC GENERAL TAX EXEMPT PURPOSES 1,164,330
    HUMAN RIGHTS CAMPAIGN FOUNDATION
    1640 RHODE ISLAND AVE NW
    WASHINGTON,DC200363212     		  PC GENERAL TAX EXEMPT PURPOSES 15,000
    HUMANE SOCIETY OF NEW YORK
    306 E 59TH STREET
    NEW YORK,NY10022     		  PC GENERAL TAX EXEMPT PURPOSES 1,000
    HUNTER COLLEGE FOUNDATION
    695 PARK AVENUE
    NEW YORK,NY10065     		  PC GENERAL TAX EXEMPT PURPOSES 20,000
    INTERFAITH CENTER OF NEW YORK
    475 RIVERSIDE DRIVE 540
    NEW YORK,NY10115     		  PC GENERAL TAX EXEMPT PURPOSES 80,000
    INTERNATIONAL CONTEMPORARY ENSEMBLE
    4306 3RD AVENUE 4TH FLOOR
    BROOKLYN,NY11232     		  PC GENERAL TAX EXEMPT PURPOSES 25,000
    INTERNATIONAL COUNCIL MUSEUM MODERN ART
    11 W 53RD STREET
    NEW YORK,NY10019     		  PC GENERAL TAX EXEMPT PURPOSES 7,500
    INTERNATIONAL HOUSE
    500 RIVERSIDE DRIVE
    NEW YORK,NY100273916     		  PC GENERAL TAX EXEMPT PURPOSES 25,000
    IRISH REPERTORY THEATRE
    345 PARK AVENUE SUITE 1702
    NEW YORK,NY10154     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    JBI INTERNATIONAL (JEWISH BRAILLE INSTITUTE)
    110 E 30TH STREET
    NEW YORK,NY10016     		  PC GENERAL TAX EXEMPT PURPOSES 2,500
    JEFFERSON AWARDS FOR PUBLIC SERVICE
    100 W 10TH ST STE 215
    WILMINGTON,DE19801     		  PC GENERAL TAX EXEMPT PURPOSES 200,000
    JEWISH COMMUNITY RELATIONS COUNCIL
    225 W 34TH STREET 1607
    NEW YORK,NY10122     		  PC GENERAL TAX EXEMPT PURPOSES 5,000
    JEWISH CENTER OF JACKSON HEIGHTS
    37-06 77TH STREET
    JACKSON HEIGHTS,NY11372     		  PC GENERAL TAX EXEMPT PURPOSES 100,000
    LEO BAECK INSTITUTE
    15 W 16TH STREET
    NEW YORK,NY10011     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    LEO ZOOLOGICAL CONSERVATION CENTER
    404 TACONIC ROAD
    GREENWICH,CT06831     		  PC GENERAL TAX EXEMPT PURPOSES 100,000
    LINCOLN CENTER THEATRE
    150 W 65TH STREET
    NEW YORK,NY10023     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    LOUNSBURY HOUSE
    316 MAIN ST
    RIDGEFIELD,CT06877     		  PC GENERAL TAX EXEMPT PURPOSES 7,500
    MAYO CLINIC
    200 FIRST STREET SW
    ROCHESTER,MN55905     		  PC GENERAL TAX EXEMPT PURPOSES 6,118,809
    MAYSLES DOCUMENTARY CENTER
    343 LENOX AVENUE
    NEW YORK,NY10027     		  PC GENERAL TAX EXEMPT PURPOSES 20,000
    MELANOMA RESEARCH ALLIANCE FOUNDATION
    1101 NEW YORK AVE 620
    WASHINGTON,DC20005     		  PC GENERAL TAX EXEMPT PURPOSES 375,000
    METROPOLIS ENSEMBLE
    3433 84TH STREET
    QUEENS,NY11372     		  PC GENERAL TAX EXEMPT PURPOSES 20,000
    METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVENUE
    NEW YORK,NY10028     		  PC GENERAL TAX EXEMPT PURPOSES 2,680,000
    METROPOLITAN OPERA ASSOCIATION INC
    30 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		  PC GENERAL TAX EXEMPT PURPOSES 250,000
    MILLBROOK SCHOOL
    345 PARK AVENUE SUITE 1702
    NEW YORK,NY10154     		  PC GENERAL TAX EXEMPT PURPOSES 150,000
    MOMA PS1 (PS 1 CONTEMPORARY ART CENTER)
    22-25 JACKSON AVENUE
    LONG ISLAND CITY,NY11101     		  PC GENERAL TAX EXEMPT PURPOSES 500,000
    MORGAN LIBRARY & MUSEUM
    225 MADISON AVENUE
    NEW YORK,NY10016     		  PC GENERAL TAX EXEMPT PURPOSES 225,000
    MOUNT SINAI SCHOOL OF MEDICINE
    1 GUSTAVE L LEVY PLACE
    NEW YORK,NY10029     		  PC GENERAL TAX EXEMPT PURPOSES 582,500
    MUNICIPAL ART SOCIETY OF NEW YORK
    488 MADISON AVE
    NEW YORK,NY10022     		  PC GENERAL TAX EXEMPT PURPOSES 25,000
    MUSEUM OF ARTS AND DESIGN
    THE JEROME AND SIMONA CHAZEN
    BUILDING 2 COLUMBUS CIRCLE
    NEW YORK,NY10019     		  PC GENERAL TAX EXEMPT PURPOSES 5,000
    MUSEUM OF CONTEMPORARY ART DENVER
    1485 DELGANY STREET
    DENVER,CO80202     		  PC GENERAL TAX EXEMPT PURPOSES 20,000
    MUSEUM OF MODERN ART
    11 WEST 53RD STREET
    NEW YORK,NY10019     		  PC GENERAL TAX EXEMPT PURPOSES 20,239
    MUSEUM OF THE CITY OF NEW YORK
    1220 5TH AVENUE
    NEW YORK,NY10029     		  PC GENERAL TAX EXEMPT PURPOSES 5,000
    NATIONAL GALLERY OF ART
    6TH CONSTITUTION AVENUE NW
    WASHINGTON,DC20565     		  PC GENERAL TAX EXEMPT PURPOSES 30,000
    NATIONAL RESOURCES DEFENSE COUNCIL
    1314 SECOND STREET
    SANTA MONICA,CA90401     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    NEUE GALERIE
    1048 5TH AVENUE
    NEW YORK,NY10028     		  PC GENERAL TAX EXEMPT PURPOSES 20,000
    NEW ALTERNATIVES
    83 CHRISTOPHER STREET
    NEW YORK,NY10014     		  PC GENERAL TAX EXEMPT PURPOSES 18,000
    NEW CRITERION
    900 BROADWAY
    NEW YORK,NY10003     		  PC GENERAL TAX EXEMPT PURPOSES 25,000
    NEW YORK BOTANICAL GARDEN
    2900 SOUTHERN BOULEVARD
    BRONX,NY10458     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    NEW YORK HISTORICAL SOCIETY
    170 CENTRAL PARK WEST
    NEW YORK,NY10024     		  PC GENERAL TAX EXEMPT PURPOSES 6,000
    NEW YORK PHILLHARMONIC
    DAVID GEFFEN HALL 10 LINCOLN CENTER
    PLAZA
    NEW YORK,NY10023     		  PC GENERAL TAX EXEMPT PURPOSES 1,350,000
    NEW YORK PUBLIC LIBRARY
    5TH AVENUE AT 42ND STREET
    NEW YORK,NY10018     		  PC GENERAL TAX EXEMPT PURPOSES 110,000
    NEW YORK PUBLIC RADIO
    WNYC 160 VARICK STREET
    NEW YORK,NY10013     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    NEW YORK UNIVERSITY - INSTITUTE OF FINE ARTS
    1 EAST 78TH STREET
    NEW YORK,NY100750178     		  PC GENERAL TAX EXEMPT PURPOSES 25,000
    NEW YORK YOUTH SYMPHONY
    110 W 40TH STREET 1503
    NEW YORK,NY10018     		  PC GENERAL TAX EXEMPT PURPOSES 15,000
    NEW YORKERS FOR CHILDREN
    450 FASHION AVENUE 403
    NEW YORK,NY10123     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    ONEGOAL
    55 EXCHANGE PLACE
    NEW YORK,NY10005     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    OPEN SPACE INSTITUTE
    1350 BROADWAY 201
    NEW YORK,NY10018     		  PC GENERAL TAX EXEMPT PURPOSES 2,500
    PARK AVENUE ARMORY
    643 PARK AVENUE
    NEW YORK,NY10065     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    PHIPPS NEIGHBORHOODS
    902 BROADWAY
    NEW YORK,NY10010     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    PROSPECTS OPPORTUNITY & ENRICHMENT
    454 MAIN STREET
    RIDGEFIELD,CT06877     		  PC GENERAL TAX EXEMPT PURPOSES 500,000
    PUBLIC ART FUND
    1 EAST 53RD STREET 12
    NEW YORK,NY10022     		  PC GENERAL TAX EXEMPT PURPOSES 26,000
    REACHING U A FOUNDATION FOR URUGUAY
    PO BOX 453935
    MIAMI,FL33243     		  PC GENERAL TAX EXEMPT PURPOSES 1,029,000
    RIDGEFIELD ACADEMY
    223 WEST MOUNTAIN ROAD
    RIDGEFIELD,CT06877     		  PC GENERAL TAX EXEMPT PURPOSES 62,500
    RIDGEFIELD CONSERVATORY OF DANCE
    444 MAIN STREET
    RIDGEFIELD,CT06877     		  PC GENERAL TAX EXEMPT PURPOSES 65,000
    RIDGEFIELD LIBRARY
    472 MAIN STREET
    RIDGEFIELD,CT06877     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    RIDGEFIELD THRIFT SHOP
    21B GOVERNOR STREET
    RIDGEFIELD,CT068774608     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    RIDGEFIELD VISITING NURSE ASSOCIATION
    90 EAST RIDGE
    RIDGEFIELD,CT06877     		  PC GENERAL TAX EXEMPT PURPOSES 5,000
    RIDGEFIELD VOLUNTEER FIRE DEPARTMENT
    6 CATOONAH STREET
    RIDGEFIELD,CT06877     		  PC GENERAL TAX EXEMPT PURPOSES 1,000
    RIP MEDICAL DEBT
    80 THEODORE FREMD AVE
    RYE,NY10580     		  PC GENERAL TAX EXEMPT PURPOSES 150,000
    ROAR ANIMAL SHELTER
    45 SOUTH STREET
    RIDGEFIELD,CT06877     		  PC GENERAL TAX EXEMPT PURPOSES 65,000
    ROCKEFELLER UNIVERSITY
    1230 YORK AVENUE
    NEW YORK,NY100656399     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    RONALD MCDONALD HOUSE OF THE GREATER HUDSON VALLEY
    80 WOODS ROADS
    VALHALLA,NY10595     		  PC GENERAL TAX EXEMPT PURPOSES 10,000
    RUDOLF STEINER SCHOOL
    15 EAST 79TH STREET
    NEW YORK,NY10075     		  PC GENERAL TAX EXEMPT PURPOSES 25,000
    SANCTUARY FOR FAMILIES
    PO BOX 1406 WALL STREET STATION
    NEW YORK,NY10268     		  PC GENERAL TAX EXEMPT PURPOSES 26,000
    SCENIC HUDSON INC
    ONE CIVIC CENTER PLAZA STE 200
    POUGHKEEPSIE,NY12601     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    SILVER HILL HOSPITAL
    208 VALLEY ROAD
    NEW CANAAN,CT06840     		  PC GENERAL TAX EXEMPT PURPOSES 150,000
    SING FOR HOPE
    575 EIGHTH AVENUE STE 1812
    NEW YORK,NY10018     		  PC GENERAL TAX EXEMPT PURPOSES 110,000
    SKIDMORE COLLEGE
    815 NORTH BROADWAY
    SARATOGA SPRINGS,NY12866     		  PC GENERAL TAX EXEMPT PURPOSES 77,000
    SKOWHEGAN SCHOOL OF PAINTING & SCULPTURE
    136 WEST 22ND STREET
    NEW YORK,NY10011     		  PC GENERAL TAX EXEMPT PURPOSES 15,000
    ST BERNARD'S SCHOOL
    4 EAST 98TH STREET
    NEW YORK,NY10029     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    ST PETER'S EPISCOPAL CHURCH
    346 W 20TH STREET
    NEW YORK,NY10011     		  PC GENERAL TAX EXEMPT PURPOSES 15,500
    ST ROSE OF LIMA CHURCH
    2 BAYVIEW AVENUE
    MASSAPEQUA,NY11758     		  PC GENERAL TAX EXEMPT PURPOSES 5,000
    STANFORD FREE LIBRARY
    14 CREAMERY ROAD
    STANFORDVILLE,NY12581     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    STORM KING ART CENTER
    1 MUSEUM ROAD
    NEW WINDSOR,NY12553     		  PC GENERAL TAX EXEMPT PURPOSES 15,000
    THE BRIDGE
    290 LENOX AVENUE 3RD FLOOR
    NEW YORK,NY10027     		  PC GENERAL TAX EXEMPT PURPOSES 25,000
    THE SUN
    1 LONDON BRIDGE STREET
    LONDON   SE1 9GF
    UK     		  PC GENERAL TAX EXEMPT PURPOSES 1,000
    THIRD STREET MUSIC SCHOOL SETTLEMENT
    235 E 11TH STREET 1
    NEW YORK,NY10003     		  PC GENERAL TAX EXEMPT PURPOSES 400,000
    TWO EAST SIXTY-SECOND STREET FOUNDATION
    2 EAST 62ND STREET
    NEW YORK,NY10065     		  PC GENERAL TAX EXEMPT PURPOSES 60,000
    UNIVERSITY OF ST ANDREW AMERICAN FOUNDATION
    UNIV OF ST ANDREWS 91 NORTH ST ST
    ANDREWS
    FIFE   KY16 9AJ
    UK     		  PC GENERAL TAX EXEMPT PURPOSES 5,000
    URBAN ASSEMBLY
    90 BROAD ST
    NEW YORK,NY10004     		  PC GENERAL TAX EXEMPT PURPOSES 90,000
    US SCIENCES PO FOUNDATION
    600 MADISON AVENUE
    NEW YORK,NY10022     		  PC GENERAL TAX EXEMPT PURPOSES 75,000
    VASSAR BROTHERS MEDICAL CENTER
    45 READE PLACE
    POUGHKEEPSIE,NY12601     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    WASHINGTON UNIVERSITY
    1 BROOKINGS DRIVE
    ST LOUIS,MO63130     		  PC GENERAL TAX EXEMPT PURPOSES 1,000
    WEILL CORNELL MEDICAL CENTER
    1300 YORK AVENUE
    NEW YORK,NY10065     		  PC GENERAL TAX EXEMPT PURPOSES 3,550,000
    WELLESLEY COLLEGE
    106 CENTRAL STREET
    WELLESLEY,MA02481     		  PC GENERAL TAX EXEMPT PURPOSES 100,000
    WESTERN CONNECTICUT YOUTH ORCHESTRA
    90 E RIDGE RD 225A
    RIDGEFIELD,CT06877     		  PC GENERAL TAX EXEMPT PURPOSES 30,000
    WILDLIFE CONSERVATORY SOCIETY
    2300 SOUTHERN BOULEVARD
    BRONX,NY10460     		  PC GENERAL TAX EXEMPT PURPOSES 1,500
    WNETORG
    825 EIGHTH AVENUE
    NEW YORK,NY10019     		  PC GENERAL TAX EXEMPT PURPOSES 500,000
    WOMEN MAKE MOVIES INC
    115 W 29TH STREET 1200
    NEW YORK,NY10001     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    WOMEN'S PRISON ASSOCIATION
    110 2ND AVENUE
    NEW YORK,NY10003     		  PC GENERAL TAX EXEMPT PURPOSES 150,000
    WOODSTOCK FARM ANIMAL SANCTUARY
    2 RESCUE ROAD
    HIGH FALLS,NY12440     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    WORK TO RIDE INC
    CHAMOUNIX EQUESTRIAN CENTER 98
    CHAMOUNIX DRIVE
    PHILADELPHIA,PA19131     		  PC GENERAL TAX EXEMPT PURPOSES 50,000
    WORLD WILDLIFE FUND
    1250 24TH STREET NW
    WASHINGTON,DC20037     		  PC GENERAL TAX EXEMPT PURPOSES 1,000
    Total .................................bullet 3a 41,294,272
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2016)
    Form 990-PF (2016)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 35,881,630  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....     14 4,759,490  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 52,324,012  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 92,965,132 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    92,965,132
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2016)
    Form 990-PF (2016)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2016)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description