Form 990-PF 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
Total Page:16
File Type:pdf, Size:1020Kb
*Return of Private Foundation OMB No 1545-0052 Form 990-PF 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. 2014 Department of the Treasury ► Internal Revenue Service ► Information about F orm 990-PF and its separate instructions is at www.irs.gov/fom For calendar y ear 2014 or tax year be g inning , 2014 , and ending , 20 Name of foundation THE RYNA AND MELVIN COHEN FAMILY A Employer identification number FOUNDATION, INC. 52-1800019 Number and street (or P 0 box number if mail is not delivered to street address ) Room/suite B Telephone number (see instructions) (301) 937-5300 10501 RHODE ISLAND AVENUE City or town, state or province, country , and ZIP or foreign postal code q C If exemption application is ► pending. check here • • • • • . BELTSVILLE, MD 20705 G Check all that apply Initial return Initial return of a former public charity D 1 . Foreign organizations , check here. ► Final return Amended return 2. Foreign organizations meeting the Address change Name change 85% test , check here and attach computation . ► H Check type of organization K Section 501(c)(3) exempt private foundation E If private foundation status was terminated Section 4947(a)( 1 ) nonexem pt charitable trust Other taxable p rivate foundation FI under section 507(b )( 1)(A), check here . ► I Fair market value of all assets at J Accounting method X Cash L_J Accrual F If the foundation is in a 60-month termination end of year (from Part /l, col (c), line Other ( specify) ------- - - --- - ---- - --- - under section 507(b)(1)(B),check here . 16) ► $ 31,318,059. (Part1, column (d) must be on cash basis) (d) Disbursements Analysis of Revenue and Expenses (The (a) Revenue and (b) Net investment (c) Adjusted net for charitable total of amounts in columns (b), (c), and (d) expenses per may not necessanly equal the amounts income income purposes in books column (a) (see instructions)) (cash basis only) 1 Contributions , gifts, grants , etc , received (attach schedule) the foundation is not required to 2 Check if ► attach Sch B . 3 Interest on savings and temporary cash investments . 9 9. ATCH 1 4 Dividends and interest from securities . 748, 719 748, 719. ATCH 2 5a Gross rents . b Net rental income or (loss) 6a Net gain or ( loss) from sale of assets not on line 10 1,054,182 . b Gross sales puce for all 7 , 578 , 044. 4) assets on line 6a r y 7 Capital gain net income (from Part IV, line 2) . 1,054,182. 8 Net short-term capital gain . 9 Income modifications . 10a Gross sales less returns and allowances . (J b Less Cost of goods sold . c Gross profit or (loss) (attach schedule) . • - 11 Other income ( attach schedule) ATQH• 3 . 157, 965. 157, 965. 12 Total . Add lines 1 through 11 . 1, 960, 875. 1, 960, 875. N 13 Compensation of officers , directors, trustees, etc 14 Other employee salaries and wages . U) 15 Pension plans , employee benefits . 16a Legal fee ,^fi W b Accountl5g,aam a 'sje u CH 4 4, 662. 4, 662 c Ohre professional fees (attach "ule). [.57 198, 024. 198,024. ' 17 I^e st. N OV 18 llaxxe (attach ;schedule rsee in rucUons)I 6 ). 71, 941. 2 , 678. • 19 a rec fl c e e ePletlon. Q£ 20 Oecupancyc _. UPIue. ! . -p 21 Travel , conferences , and meetings . M 22 Printing and publications . Cr 23 Other expenses (attach schedule)ATcH .7. 5, 989. 3, 529. 2, 460 4' 24 Total operating and administrative expenses. d Add lines 13 through 23 . 280, 616. 204, 231. 7,122 O 25 Contributions , gifts, grants paid . 1, 626, 245. 1,626,245 26 Total exp enses anddisbursements Add lines 24 and 25 1 , 906, 861. 204 , 231. 1,633,367 27 Subtract line 26 from line 12. a Excess of revenue over expenses and disbursements . 54,014. b Net Investment income (if negative, enter -0-) 1,756,644. c Adjusted net Income ( if negative , enter -0-). JsA For Paperwork Reduction Act Notice , see Instructions. Form 990-PF (2014) 4E14101000102011 701M 11/4/2015 1:54:01 PM V 14-7.3F 005149 91,10-1 PAGE 3 Form 990-PF(2014) THE NA AND MELVIN COHEN FAMILY 52-1800019 Pace 2 Attached schedules and amounts in the Beginning of year End of year Balance Sheets d escrip tion col umn sh ou ld be for end-of-year amounts only (See instructions ) (a) Book Value (b) Book Value (c) Fair Market Value I Cash - non-interest-beanng . .. 409, 252. -43,369. -43,369 2 Savings and temporary cash investments . .. .. 258, 480. 611, 724. 611, 724 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) . , , , 7 Other notes and loans receivable (attach schedule) ► Less allowance for doubtful accounts ► ------------ ..y 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) ATCH 8 19, 261, 855. 19, 209, 940. 27, 980, 976 c Investments - corporate bonds (attach schedule). 11 Investments - land, buildings, ► and equipment basis __________________ Less accumulated depreciation ► (attach schedule ) ------------------- 12 Investments - mortgage loans . 13 Investments - other (attach schedule) .. ATCH 9 2, 57 6, 34 9. 2,768,728. 2,768,728 14 Land , buildings, and ► equipment basis __________________ Less accumulated depreciation ► (attach schedule) ------------------- 15 Other assets (describe ► ___________________) 16 Total assets (to be completed by all filers - see the instructions Also, see page 1 , item I) .. 22, 505, 936. 22, 547, 023. 31, 318, 059 17 Accounts payable and accrued expenses , , , , , , , , , , , 18 Grants payable , , , , , , , , , , , , , , , , , , , , , , , W 19 Deferred revenue . 20 Loans from officers , directors , trustees, and other disqualified persons a 21 Mortgages and other notes payable (attach schedule) , , 22 Other liabilities (describe ► ___________________ ) 23 Total liabilities ( add lines 17 through 22) . 0 Foundations that follow SFAS 117 , check here. ► and complete lines 24 through 26 and lines 30 and 31. C) L 24 Unrestricted . cc cc 25 Temporarily restricted „,,,,,,,,,,,,,,,,,, IX1 26 Permanently restricted . Foundations that do not follow SFAS 117, . .. q LL ► check here 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 , , , , , Q 29 Retained earnings, accumulated income, endowment, or other funds 22, 505, 936. 22, 547, 023 . w 30 Total net assets or fund balances (see instructions), , , , 22, 505, 936. 22, 547, 023. Z 31 Total liabilities and net assetslfund balances (see instructions) . m . 22,505,936. 22,547,023. Analy sis 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 22, 505, 936 54, 014 2 Enter amount from Part I, line 27a .... ..... ..... ... ....... ............. 2 3 Other increases not included in line 2 ( itemize) _______ 3 4 Add lines 1, 2, and 3 4 22, 559, 950 5 Decreases not included in line 2 ( itemize). ATCH 10 5 12, 927 ---------------------------------------- 6 Total net assets or fund balances at end of ear Ilne 4 minus Ilne 5 Part II, column b line 30 . 6 22, 547, 023 Form 990 -PF (2014) JSA 4E1420 1 000 102011 701M 11/4/2015 1:54:01 PM V 14-7.3F 005149 PAGE 4 TH•NA AND MELVIN COHEN FAMILY 52-1800019 Form 990 - PF (2014) Page 3 Capital Gains and Losses for Tax on Investment Income (a) List and describe the kind(s) of property sold (e g , real estate, ( b)uuedu-ed (c) Date acq acquired fd) Date sold 2-story brick warehouse , or common stock, 200 shs MLC Co) P - Purchase ( yr) lmo , day, yr ) D -Donation mo , day, 1a SEE PART IV SCHEDULE b c d e (g) Cost or other basis (e) Gross sales price (f) Depreciation allowed (h) Gain or (loss) (or allowable) plus expense of sale (e) plus (f) minus (g) a b c d e Complete only for assets showing gain in column ( h) and owned by the foundation on 12/31/69 ( I) Gains (Col (h) gain minus Adjusted col (k), but not less than -0-) or (i) F M V as of 12/31/69 G) basis (k) Excess of col (i) as of 12 /31/69 over col 0), if any Losses (from col (h)) a b c d e If gain , also enter in Part I, line 7 2 Capital gain net income or (net capital loss) { If (loss ), enter -0- in Part I, line 7 } 2 1,054,182. 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 0 FEMM 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 17-1 No If "Yes," the foundation does not qualify under section 4940 (e) Do not complete this part I Enter the appropriate amount in each column for each year , see the instructions before making any entries (a ) Base peri od years Distribution ratio Adjusted qualifying distributions Net value of non hantable Calendar year (or tax year beginning in) -use assets (col (b) divided by col (c)) 2013 1,727,751.