efile Public Visual Render
ObjectId: 201943179349100229 - Submission: 2019-11-13
TIN: 20-8050779
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
18
Open to Public Inspection
For calendar year 2018, or tax year beginning
01-01-2018
, and ending
12-31-2018
Name of foundation
THE GRACE AND MERCY FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)
888 SEVENTH AVE
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK
,
NY
10019
A Employer identification number
20-8050779
B
Telephone number (see instructions)
(212) 984-2561
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
492,470,882
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
27,959,597
2
Check
.............
3
Interest on savings and temporary cash investments
690,673
690,673
4
Dividends and interest from securities
...
5,572,773
5,572,773
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
14,212,860
b
Gross sales price for all assets on line 6a
34,123,262
7
Capital gain net income (from Part IV, line 2)
...
14,212,860
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)
.....
0
11
Other income (attach schedule)
.......
149,944
149,944
12
Total.
Add lines 1 through 11
........
48,585,847
20,626,250
13
Compensation of officers, directors, trustees, etc.
14
Other employee salaries and wages
......
2,360,907
826,317
1,534,590
15
Pension plans, employee benefits
.......
532,800
0
532,800
16a
Legal fees (attach schedule)
.........
39,143
0
39,143
b
Accounting fees (attach schedule)
.......
14,750
10,875
3,875
c
Other professional fees (attach schedule)
....
0
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
0
0
0
19
Depreciation (attach schedule) and depletion
...
5,137
2,570
20
Occupancy
..............
57,226
0
57,226
21
Travel, conferences, and meetings
.......
106,936
0
106,936
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
1,173,660
44,048
1,129,612
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
4,290,559
883,810
3,404,182
25
Contributions, gifts, grants paid
.......
16,632,000
16,632,000
26
Total expenses and disbursements.
Add lines 24 and 25
20,922,559
883,810
20,036,182
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
27,663,288
b
Net investment income
(if negative, enter -0-)
19,742,440
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2018)
Page 2
Form 990-PF (2018)
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
1
Cash—non-interest-bearing
.............
9,359
19,100
19,100
2
Savings and temporary cash investments
.........
446,407,069
380,822,421
380,822,421
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
0
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
0
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)
.......
0
0
0
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
0
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
49,764,967
89,761,545
111,536,763
14
Land, buildings, and equipment: basis
51,266
Less: accumulated depreciation (attach schedule)
43,303
13,100
7,963
7,963
15
Other assets (describe
)
4,465
84,635
84,635
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
496,198,960
470,695,664
492,470,882
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
0
21
Mortgages and other notes payable (attach schedule)
......
0
22
Other liabilities (describe
)
5,946
91,940
23
Total liabilities
(add lines 17 through 22)
.........
5,946
91,940
Foundations that follow SFAS 117, check here
and complete lines 24 through 26 and lines 30 and 31.
24
Unrestricted
..................
25
Temporarily restricted
...............
26
Permanently restricted
...............
Foundations that do not follow SFAS 117, check here
and complete lines 27 through 31.
27
Capital stock, trust principal, or current funds
........
496,193,014
470,603,724
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)
.....
496,193,014
470,603,724
31
Total liabilities and net assets/fund balances
(see instructions)
.
496,198,960
470,695,664
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
496,193,014
2
Enter amount from Part I, line 27a
.....................
2
27,663,288
3
Other increases not included in line 2 (itemize)
3
224,090
4
Add lines 1, 2, and 3
..........................
4
524,080,392
5
Decreases not included in line 2 (itemize)
5
53,476,668
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30
.
6
470,603,724
Form
990-PF
(2018)
Page 3
Form 990-PF (2018)
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
3,030.5838 SHARES OF LONG OAR OFFSHORE, LTD
P
2016-12-31
2018-01-31
b
15,000 SHARES OF CASCABEL OFFSHORE,LTD CLASS A SERIRES 1
P
2011-03-01
2018-02-28
c
15,000 SHARES OF CASCABEL OFFSHORE,LTD CLASS A SERIRES 1
P
2011-03-01
2018-02-28
d
2,500 SHARES OF WHITE ELM CAPITAL OFFSHORE
P
2017-06-30
2018-07-31
e
19,691 SHARES OF AMAZON
D
2011-01-01
2018-12-28
MORGAN STANLEY - MONEY MARKET - MS SWAP LOSS
P
2017-10-21
2018-11-30
MORGAN STANLEY - MONEY MARKET - MS SWAP LOSS
P
2017-10-21
2018-12-31
(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
2,452,327
0
3,250,000
-797,673
b
975
0
1,965
-990
c
17,673
0
42,068
-24,395
d
2,309,282
0
1,322,332
986,950
e
29,343,005
0
9,492,440
19,850,565
0
0
1,618,566
-1,618,566
0
0
4,183,031
-4,183,031
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
0
0
0
-797,673
b
0
0
0
-990
c
0
0
0
-24,395
d
0
0
0
986,950
e
0
0
0
19,850,565
0
0
0
-1,618,566
0
0
0
-4,183,031
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
14,212,860
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
...................
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?
Yes
No
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))
2017
12,966,302
302,748,155
0.042829
2016
9,833,958
136,891,394
0.071838
2015
8,088,015
69,582,524
0.116236
2014
9,401,290
71,535,752
0.131421
2013
8,931,954
70,887,381
0.126002
2
Total
of line 1, column (d)
.....................
2
0.488326
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years
......
3
0.097665
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5
......
4
503,390,947
5
Multiply line 4 by line 3
......................
5
49,163,677
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
197,424
7
Add lines 5 and 6
........................
7
49,361,101
8
Enter qualifying distributions from Part XII, line 4
,.............
8
20,036,182
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
(2018)
Page 4
Form 990-PF (2018)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Domestic foundations that meet the section 4940(e) requirements in Part V, check
1
394,849
here
and 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
394,849
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
394,849
6
Credits/Payments:
a
2018 estimated tax payments and 2017 overpayment credited to 2018
6a
1,154,305
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
0
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
1,154,305
8
Enter any
penalty
for underpayment of estimated tax.
Check here
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
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
759,456
11
Enter the amount of line 10 to be:
Credited to 2019 estimated tax
759,456
Refunded
11
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.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
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)
NY
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 2018 or the taxable year beginning in 2018? See the 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
Yes
Form
990-PF
(2018)
Page 5
Form 990-PF (2018)
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 address
N/A
14
The books are in care of
PATRICK HALLIGAN
Telephone no.
(212) 984-2561
Located at
C/O THE GRACE AND MERCY FOUNDATION
NY
NY
ZIP+4
10019
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(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)?
...............
Yes
No
(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.)
.......
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
........
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 2018?
.............
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 2018, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2018?
.............
Yes
No
If "Yes," list the years
20
,
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
No
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
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?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2018 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 2018.)
..................
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 2018?
4b
No
Form
990-PF
(2018)
Page 6
Form 990-PF (2018)
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:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
.........
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?
..........
Yes
No
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?
.....................
Yes
No
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?
Yes
No
b
If yes, did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.................
Yes
No
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
SUMI KIM
PRESIDENT
40.00
475,000
52,534
0
C/O THE GRACE AND MERCY FOUNDATION
New York
,
NY
10019
SUNG KOOK HWANG
DIRECTOR
2.00
0
0
0
C/O THE GRACE AND MERCY FOUNDATION
New York
,
NY
10019
BECKY HWANG
V.P./DIRECTOR
2.00
0
0
0
C/O THE GRACE AND MERCY FOUNDATION
New York
,
NY
10019
PATRICK HALLIGAN
TREASURER
5.00
0
0
0
C/O THE GRACE AND MERCY FOUNDATION
New York
,
NY
10019
ANDREW MILLS
VICE CHAIRPERSON
1.00
0
0
0
C/O THE GRACE AND MERCY FOUNDATION
New York
,
NY
10019
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
EUNG SIK KIM
PROGRAM OFFICER
40.00
390,000
53,150
0
C/O THE GRACE AND MERCY FOUNDATION
New York
,
NY
10019
LANYU XU
PROGRAM OFFICER
40.00
255,000
26,710
0
C/O THE GRACE AND MERCY FOUNDATION
New York
,
NY
10019
DANIEL SANFORD
PROGRAM OFFICER
40.00
208,308
31,646
0
C/O THE GRACE AND MERCY FOUNDATION
New York
,
NY
10019
SAMUEL J TRAN
PROGRAM OFFICER
40.00
185,000
25,138
0
C/O THE GRACE AND MERCY FOUNDATION
New York
,
NY
10019
RICHELLE S BRYAN
PROGRAM OFFICER
40.00
175,000
25,079
0
C/O THE GRACE AND MERCY FOUNDATION
New York
,
NY
10019
Total
number of other employees paid over $50,000
...................
11
Form
990-PF
(2018)
Page 7
Form 990-PF (2018)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
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
.............
0
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
NOT APPLICABLE
0
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
NOT APPLICABLE
0
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
0
Form
990-PF
(2018)
Page 8
Form 990-PF (2018)
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
0
b
Average of monthly cash balances
.......................
1b
392,544,986
c
Fair market value of all other assets (see instructions)
................
1c
118,511,813
d
Total
(add lines 1a, b, and c)
.........................
1d
511,056,799
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
3
Subtract line 2 from line 1d
.........................
3
511,056,799
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
7,665,852
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
503,390,947
6
Minimum investment return.
Enter 5% of line 5
..................
6
25,169,547
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
25,169,547
2a
Tax on investment income for 2018 from Part VI, line 5
......
2a
394,849
b
Income tax for 2018. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
394,849
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
24,774,698
4
Recoveries of amounts treated as qualifying distributions
................
4
5
Add lines 3 and 4
............................
5
24,774,698
6
Deduction from distributable amount (see instructions)
.................
6
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
24,774,698
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
20,036,182
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
20,036,182
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
20,036,182
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
(2018)
Page 9
Form 990-PF (2018)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2017
(c)
2017
(d)
2018
1
Distributable amount for 2018 from Part XI, line 7
24,774,698
2
Undistributed income, if any, as of the end of 2018:
a
Enter amount for 2017 only
.......
b
Total for prior years:
20
,
20
,
20
3
Excess distributions carryover, if any, to 2018:
a
From 2013
......
5,425,637
b
From 2014
......
5,992,008
c
From 2015
......
4,852,971
d
From 2016
......
4,639,248
e
From 2017
......
1,131,317
f
Total
of lines 3a through e
........
22,041,181
4
Qualifying distributions for 2018 from Part
XII, line 4:
$
20,036,182
a
Applied to 2017, but not more than line 2a
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2018 distributable amount
.....
20,036,182
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2018.
4,738,516
4,738,516
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
17,302,665
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
......
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2017. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2018. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2019
..........
0
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)
.......
8
Excess distributions carryover from 2013 not
applied on line 5 or line 7 (see instructions)
...
687,121
9
Excess distributions carryover to 2019.
Subtract lines 7 and 8 from line 6a
......
16,615,544
10
Analysis of line 9:
a
Excess from 2014
....
5,992,008
b
Excess from 2015
....
4,852,971
c
Excess from 2016
....
4,639,248
d
Excess from 2017
....
1,131,317
e
Excess from 2018
....
0
Form
990-PF
(2018)
Page 10
Form 990-PF (2018)
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 2018, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
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)
2018
(b)
2017
(c)
2016
(d)
2015
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 foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List 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).)
SUNG KOOK HWANG
b
List 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.
NA
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(2018)
Page 11
Form 990-PF (2018)
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)
a
Paid during the year
A ROCHA USA
PO Box 1338
FREDERICKSBURG
,
TX
78624
509(a)1170(b)(1)(A)
COMMUNITY
100,000
ASIAN ACCESS
17100 Pioneer Blvd 302
ARTESIA
,
CA
90701
509(a)1170(b)(1)(A)
COMMUNITY
55,000
ASSEMBLIES OF GOD KOREAN DISTRICT COUNCIL
1445 N BOONVILLE AVE
SPRINGFIELD
,
MO
65802
509(a)1170(b)(1)(A)
RELIGIOUS
90,000
ASSOCIATION OF GOSPEL RESCUE MISSION
2153 CHUCKWAGON ROAD SUITE 100
COLORADO SPRINGS
,
CO
80919
509(a)1170(b)(1)(A)
509(a)1
7,500
AVAIL NYC
110 East 40th Street Suite 706
NEW YORK
,
NY
10016
509(a)1170(b)(1)(A)
COMMUNITY
150,000
BEACON CHRISTIAN COMMUNITY HEALTH CENTER
2079 Forest Ave
STATEN ISLAND
,
NY
10303
509(a)1170(b)(1)(A)
MEDICAL
100,000
CHILDREN'S AID
711 THIRD AVENUE SUITE 700
NEW YORK
,
NY
10017
509(a)1170(b)(1)(A)
COMMUNITY
100,000
CHRISTIAN EMBASSY
2111 WILSON BOULEVARD SUITE 700
ARLINGTON
,
VA
22201
509(a)1170(b)(1)(A)
COMMUNITY
40,000
CHRISTIAN UNION
19 Vandeventer Ave
PRINCETON
,
NJ
08542
509(a)1170(b)(1)(A)
RELIGIOUS
45,000
CHURCH MULTIPLICATION MINISTRIES
PO BOX 3284
ALPHARETTA
,
GA
30023
509(a)1170(b)(1)(A)
RELIGIOUS
75,000
CITY SEMINARY OF NEW YORK
302 W 119th St
NEW YORK
,
NY
10026
509(a)1170(b)(1)(A)
RELIGIOUS
200,000
CONCERTS OF PRAYER GREATER NEW YORK
4604 31st Ave
ASTORIA
,
NY
11103
509(a)1170(b)(1)(A)
RELIGIOUS
110,000
CRU INNER CITY
100 LAKE HART DRIVE
ORLANDO
,
FL
32832
509(a)1170(b)(1)(A)
RELIGIOUS
50,000
DWIGHT-ENGLEWOOD SCHOOL
315 EAST PALISADE AVE
ENGLEWOOD
,
NJ
07631
509(a)1170(b)(1)(A)
EDUCATION
620,000
EL POZO DE VIDA
910 W 17th Street Suite B
SANTA ANA
,
CA
92706
509(a)1170(b)(1)(A)
COMMUNITY
75,000
EXODUS TRANSITIONAL COMMUNITY INC
2271 3rd Ave
NEW YORK
,
NY
10035
509(a)1170(b)(1)(A)
COMMUNITY
80,000
FAMILY TOUCH TOTAL
218 MAIN STREET
LITTLE FERRY
,
NJ
07643
509(a)1170(b)(1)(A)
COMMUNITY
55,000
FELLOWSHIP OF CHRISTIAN ATHLETES
6 Drummond Pl 2
RED BANK
,
NJ
07701
509(a)1170(b)(1)(A)
EDUCATION
117,000
FOUNTAIN OF LIFE COVENANT CHURCH
1830 W Columbia St
LONG BEACH
,
CA
90810
509(a)1170(b)(1)(A)
RELIGIOUS
80,000
FULLER THEOLOGICAL SEMINARY
135 N Oakland Ave
PASADENA
,
CA
91101
509(a)1170(b)(1)(A)
RELIGIOUS
2,000,000
HAWAIIN ISLANDS MINISTRIES
2752 Woodlawn Dr
HONOLULU
,
HI
96822
509(a)1170(b)(1)(A)
RELIGIOUS
150,000
CHRISTIAN HOLY CITY CHURCH
35-05 162 STREET
FLUSHING
,
NY
11358
509(a)1170(b)(1)(A)
RELIGIOUS
5,000
HOLY NAME HOSPITAL KOREAN MEDICAL PROGRAM
718 Teaneck Road
TEANECK
,
NJ
07666
509(a)1170(b)(1)(A)
MEDICAL
250,000
HOPE FOR NEW YORK
1359 BROADWAY
NEW YORK
,
NY
10004
509(a)1170(b)(1)(A)
HUMANITARIAN
250,000
INFINITY BIBLE CHURCH
1619 E 174th St
BRONZ
,
NY
10472
509(a)1170(b)(1)(A)
RELIGIOUS
50,000
INHERITANCE OF HOPE
PO Box 90
PISGAH FOREST
,
NC
28768
509(a)1170(b)(1)(A)
HUMANITARIAN
150,000
INTERNATIONAL JUSTICE MISSION
PO Box 58147
WASHINGTON
,
DC
20037
509(a)1170(b)(1)(A)
HUMANTIARIAN
600,000
JAPAN CHRISTIAN LINK
927 PLAZA ESCONDIDO
FULLERTON
,
CA
92833
509(a)1170(b)(1)(A)
RELIGIOUS
20,000
KOREAN AMERICAN COMMUNITY FOUNDATION
31 West 34th Street 8th Floor
NEW YORK
,
NY
10001
509(a)1170(b)(1)(A)
CULTURAL
50,000
KOREAN AMERICAN FAMILY SERVICE CENTER
PO BOX 541429
FLUSHING
,
NY
11354
509(a)1170(b)(1)(A)
CULTURAL
50,000
KOREAN EVANGELICAL MISSION FOR HISPANICS
2148 Seaview Dr
FULLTERON
,
CA
92833
509(a)1170(b)(1)(A)
RELIGIOUS
290,000
LAUSANNE MOVEMENT
10524 MOSS PARK ROAD SUITE 201 358
ORLANDO
,
FL
32832
509(a)1170(b)(1)(A)
HUMANITARIAN
75,000
LIBERTY IN NORTH KOREA
1751 Torrance Blvd STE L
TORRANCE
,
CA
90501
509(a)1170(b)(1)(A)
HUMANITARIAN
400,000
LUIS PALAU ASSOCIATION
PO Box 50
PORTLAND
,
OR
97207
509(a)1170(b)(1)(A)
RELIGIOUS
250,000
MANHATTAN CHRISTIAN ACADEMY
401 WEST 205TH STREET
NEW YORK
,
NY
10034
509(a)1170(b)(1)(A)
EDUCATIONAL
275,000
METRO COMMUNITY CHURCH
291 S Van Brunt Street Unit 4
ENGLEWOOD
,
NJ
07631
509(a)1170(b)(1)(A)
RELIGIOUS
10,000
MILITARY COMMUNITY YOUTH MINISTRIES
420 N Cascade Ave
COLORADO SPRINGS
,
CO
80903
509(a)1170(b)(1)(A)
RELIGIOUS
37,500
MUSEUM OF THE BIBLE
PO Box 15479
WASHINGTON
,
DC
20003
509(a)1170(b)(1)(A)
RELIGIOUS
1,250,000
NEHEMIAH COMMUNITY DEVELOPMENT CORP
655 W Badger Road
MADISON
,
WI
53713
509(a)1170(b)(1)(A)
EDUCATION
180,000
NEW ASIA FOUNDATION FOR ED AND CULTURE
3440 WILSHIRE BLVD STE 505
LOS ANGELES
,
CA
90010
509(a)1170(b)(1)(A)
EDUCATION
50,000
NEW CANAAN SOCIETY INC
PO Box 111
NEW CANAAN
,
CT
06840
509(a)1170(b)(1)(A)
HUMANITARIAN
150,000
NEW YORK CITY RELIEF
1359 Broadway
NEW YORK
,
NY
10018
509(a)1170(b)(1)(A)
HUMANITARIAN
125,000
NOMI NETWORK
po box 533
NEW YORK
,
NY
10116
509(a)1170(b)(1)(A)
HUMANITARIAN
70,000
OPEN HANDS LEGAL SERVICES INC
244 5th Avenue Suite 2129
NEW YORK
,
NY
10001
509(a)1170(b)(1)(A)
HUMANITARIAN
60,000
OTR LIVING WATER MINISTRY
1528 Race Street
CINCINNATI
,
OH
45202
509(a)1170(b)(1)(A)
RELIGIOUS
25,000
PRISON FELLOWSHIP INTERNATIONAL
PO Box 1550
MERRIFIELD
,
VA
22116
509(a)1170(b)(1)(A)
RELIGIOUS
120,000
RAVI ZACHARIAS INTERNATIONAL MINISTRIES
3755 Mansell Road
ALPHARETTA
,
GA
30022
509(a)1170(b)(1)(A)
RELIGIOUS
255,000
RESONATE GLOBAL MISSION
1700 28TH STREET SE
GRAND RAPIDS
,
MI
495081407
509(a)1170(b)(1)(A)
RELIGIOUS
75,000
RESTORE NYC
PO Box 1003 Bowling Green Station
NEW YORK
,
NY
10274
509(a)1170(b)(1)(A)
COMMUNITY
100,000
RISING TIDE CAPITAL
334 Martin Luther King Dr
JERSEY CITY
,
NJ
07305
509(a)1170(b)(1)(A)
COMMUNITY
175,000
RUF CITY CAMPUS
1166 Ave of the Americas
NEW YORK
,
NY
10036
509(a)1170(b)(1)(A)
COMMUNITY
25,000
THE BIBLE PROJECT
1302 SE ANKENY STREET
PORTLAND
,
OR
97214
509(a)1170(b)(1)(A)
RELIGIOUS
75,000
THE BOWERY MISSION
227 Bowery
NEW YORK
,
NY
10002
509(a)1170(b)(1)(A)
COMMUNITY
300,000
THE FELLOWSHIP OF FATHERS FOUNDATION
PO BOX 12621
DALLAS
,
TX
75225
170(b)(1)(A)170(b)(1
COMMUNITY
25,000
THE FULLER FOUNDATION
135 N OAKLAND AVE
PASADENA
,
CA
91185
509(a)1170(b)(1)(A)
COMMUNITY
5,500,000
THE GENEVA SCHOOL OF MANHATTAN
593 Park Ave
NEW YORK
,
NY
10065
509(a)1170(b)(1)(A)
EDUCATION
195,000
THE KING'S COLLEGE
52 Broadway
NEW YORK
,
NY
10004
509(a)1170(b)(1)(A)
EDUCATIONAL
425,000
THE NAVIGATORS
PO Box 6079
ALBERT LEA
,
MN
56007
509(a)1170(b)(1)(A)
RELIGIOUS
25,000
THEOLOGY OF WORK PROJECT
PO Box 218
HAMILTON
,
MA
01936
509(a)1170(b)(1)(A)
HUMANITARIAN
120,000
USTA FOUNDATION
70 W Red Oak Ln 1
WHITE PLAINS
,
NY
10604
509(a)1170(b)(1)(A)
EDUCATION
55,000
UNIVERSITY OF ARIZONA
1111 N CHERRY AVENUE PO BOX 210109
TUCSON
,
AZ
857210109
509(a)1170(b)(1)(A)
EDUCATION
15,000
YOUNG LIFE NEW YORK CITY
120 W 14th Street
NEW YORK
,
NY
10011
509(a)1170(b)(1)(A)
COMMUNITY
150,000
ZIMELE USA
PO BOX 5543
ENGLEWOOD
,
NJ
07631
509(a)1170(b)(1)(A)
HUMANITARIAN
25,000
Total
.................................
3a
16,632,000
b
Approved for future payment
Total
.................................
3b
Form
990-PF
(2018)
Page 12
Form 990-PF (2018)
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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
690,673
4
Dividends and interest from securities
....
14
5,572,773
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
8
Gain or (loss) from sales of assets other than
inventory
............
18
14,212,860
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
LOAN CASCADE, L.P. - FROM K-1
14
149,944
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
20,626,250
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
20,626,250
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
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
(2018)
Page 13
Form 990-PF (2018)
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) (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) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
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.
2019-05-01
May the IRS discuss this return
with the preparer shown below
(see instr.)?
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
John T Ablamsky
Preparer's Signature
Date
2019-11-11
Check if self-
employed
PTIN
P01379861
Firm's name
John T Ablamsky MBA CPA PFS
Firm's EIN
Firm's address
63 Reid Avenue
Port Washington
,
NY
110503507
Phone no.
(516) 883-4306
Form
990-PF
(2018)
Additional Data
Software ID:
Software Version:
Part VI Line 7 -Original Return Overpayment:
-1,154,305
Form 990PF - Special Condition Description:
Special Condition Description