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OMBNo 1545-0047 Far, 990 Return of Organization Exempt From Income Tax Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung ^^11 benefit trust or private foundation) • . - Department a Treasury Internal Revenue Service organization may have to use a copy of this return to satisfy state reporting requirements. A For the 2011 calendar year. or tax veer henlnnino All /9A1 1 and endlnn 1/111 /011110 B Check If applicable , C Name of organization FJC D Employer Identification number Doing Address change Business As FJC - A Foundation of Philanthropic Funds 13-3848582 Name change Number and street (or P.O. box if mall Is not delivered to street address) Room(suite E Telephone number Initial return 20 Ei g hth Ave. 20th Fl. (212) 714-0001 Terminated City or town, state or country, and ZIP + 4 Amended return New 10018-6507 0 Gross receipts $ 33, 990, 122 Application pending F Name and address of principal officer H(a) Is this a group return for affiliates? [:]Yes[] No Lorin Silverman 520 8th Ave. , 20th FI New York , NY 10018 H(b) Are all affiliates Included ? q YesLJ No I Tax-exempt status q 501(c)(3) q 501(c) ( ) -4 (Insert no.) 4947( a)(1) or 527 If "No,' attach a list (see Instructions) J Website : ► www.FJC. org Group exemption number ► K Form of organization : X Corporation [J Trust El Association El Other ► L Year of formation. 1995 M State of legal domicile NY Summa 1 Briefly describe the organization's mission or most significant activities: _() To maximize increase-and---------the-impact--- ----------- of charitable dollars; (I)To create innovative and customized philanthropic solutions;---- - ------------- -- --- -------------------------- ------------------ ----------------- (I) To respond effectively to needs and interests donors. not-for-profit borrowers the ---------------of ------ - - - -- ---- --------------------------- ---- ----------- --- and other charitable E - - -------- ------agencies, _ _ _ ---------------------------------------- --------------------------- -----------------• 2 Check this box if the organization discontinued its operations or disposed of more than 25% of its net assets. m 3 Number of voting members of the governing body (Part VI, line 1 a) . 3 8 4 Number of independent voting members of the governing body (Part VI. line 1 b) . 4 8 a 5 Total number of individuals employed in calendar year 2011 (Part V, line 2a) . 5 13 6 Total number of volunteers (estimate if necessary) . 6 7a Total unrelated business revenue from Part VIII, column (C), line 12 . 7a 0 b Net unrelated business taxable income from Form 990-T line 34 . 7b 0 Z Prior Year Current Year m 8 Contributions and grants (Part VIII, line 1 h) . 25 407771 30 ,354, 661 CF 9 Program service revenue (Part VIII, line 2g) . 196,092 208, 160 - 10 Investment Income! (Part Vtll^colmmn,(A);lines- , nd 7d) . 11 858,546 3 ,427 , 301 11 Other revenue (Pa VItl-Column_(A),lines59,-6d, 8c, 9c, 10c, and 11e) 0 0 12 Total revenue-add Ifnesl 8 throw h 11 must a Pua aR II column (A), line 12) 37,462,409,462,409 33 ,990,1229 art 13 Grants and similar amounts.pald (Part IXac3lumiv I , lines 1-3) . 28 , 617 ,450 29 ,447 ,214 14 Benefits paid to or for inem^ers (Part IX; column, (4) line 4) . 0 15 Salaries, other cam nsa Ifudrn isinrees ^(A), li a 11e) . 0 W b Total fund raising a ertses art iX^colurnr?(D),Jiae 25) ► _ _ ____ _83,714_ :^;ca, , ; ',;_ -. :_3;; %:; ' .',; :. , , .•. 17 Other expenses (Part IX, column (A), lines 11a-11d, l l f-24e) . 308,367 330,234 18 Total expenses . Add lines 13-17 (must equal Part IX, column (A), line 25). 29,887,004 30,822,023 19 Revenue less expenses. Subtract line 18 from line 12 . 7 ,575 ,405 3,168,099 0 Beginning of Current Year End of Year La 20 Total assets (Part X, line 16) . 210 672 379 216 ,454 , 124 21 Total liabilities (Part X, line 26) . 25 ,234,245 27 , 800,850 LL 22 Net assets or fund balances. Subtract line 21 from line 20 . 185 438 134 168 , 653,274 Sig nature Block Under penalties of penury, I declare that I he examined this rto Inafudmg accompanying schedules and statements, and to the best of my knowledge and belief, it is true , correct, and con to claratbn of re r than officer is based on all Information of which pre pa re r has any knovded e ^ ), Z Sign ; Signature of o r Date Here Lorin Sllve an If Type or print name and title Print/Type preparers name Preparer's signature Paid Preparer Use Only Firmt name ► May the IRS discuss this return with the preparer shown above? (see it For Paperwork Reduction Act Notice , see the separate Instructions. (HTA) Form 990 (2011) FJC 13-3848582 Page 2 Statement of Program Service Accomplishments Check if Schedule 0 contains a response to any question in this Part III . LI 1 Briefly describe the organization's mission: Si) To increase and maximize the impact of charitable dollars: jii) To create innovative ---------- ------ -------------- and customized hilanthroicsolutions; (ii)_To respond effectively_ to the needs and ----------------- ---------- -eds a d interests of donors, not-for-profit borrowers and other charitable -------------- agencies: _ _ _ _ _ _ _ _ _ _ 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ? . LI Yes FX No If "Yes,' describe these new services on Schedule 0. 3 Did the organization cease conducting , or make significant changes in how it conducts , any program services? . LI Yes MX No If 'Yes," describe these changes on Schedule 0 4 Describe the organization 's program service accomplishments for each of its three largest program services , as measured by expenses . Section 501 (c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue , if any, for each program service reported. 4a (Code : _____________ ) ( Expenses $ ____________ 0 including grants of $ __-- 29,447,214 ) (Revenue $ _____ 30,354,661) f^Aanaped a portfolio ofphilanthropic funds-to increase the amount of charitable funding available ------- ---------------- to nonprofits and to assist donors with their philanthrop ------ --------------------------- 1 -1ic ooals________________________________________________________________ 4b (Code: _____________ ) (Expenses $ ._____________ 0 including grants of $ -------------- 0 ) (Revenue $ 9. ) 4c (Code: _____________ ) (Expenses $ ._____________ 0 including grants of $ -------------- 0 ) (Revenue $ 9. ) 4d Other program services. (Describe in Schedule 0.) (Expenses $ 0 including grants of $ 0 ) (Revenue $ 0) 4e Total program service expenses ' 0 Form 990 (2011) Form 990 (2011) FJC 13-3848582 Page 3 FOM Checklist of Required Schedules Yes No 1 Is the organization described in section 501 (c)(3) or 4947(a)(1) (other than a private foundation)? If 'Yes,' complete Schedule A . 1 X 2 Is the organization required to complete Schedule B, Schedule of Contributors (see instructions )? . 2 X 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes, " complete Schedule C, Part I . 3 X 4 Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If 'Yes,' complete Schedule C, Part 11 . 4 X 5 Is the organization a section 501 (c)(4), 501 (c)(5), or 501 (c)(6) organization that receives membership dues, assessments , or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part /// . 5 X 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I . 6 X 7 Did the organization receive or hold a conservation easement , including easements to preserve open space, the environment , historic land areas , or historic structures? If 'Yes,' complete Schedule D, Part 11 . 7 X 8 Did the organization maintain collections of works of art, historical treasures , or other similar assets? If "Yes," complete Schedule D, Part 111 . 8 X 9 Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling , debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV . 9 X 10 Did the organization , directly or through a related organization , hold assets in temporarily restricted endowments , permanent endowments , or quasi-endowments? If "Yes," complete Schedule D, Part V . 10 X 11 If the organization 's answer to any of the following questions is "Yes," then complete Schedule D , Parts VI, VII, VIII, IX, or X as applicable. a Did the organization report an amount for land, buildings , and equipment in Part X, line 10? If "Yes," complete Schedule D, Part Vl.. 11a X b Did the organization report an amount for investments-other securities in Part X , line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes,"complete Schedule D, Part VII.. 11b X c Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more of its total assets reported in Part X , line 16? If "Yes, " complete Schedule D, Part Vlll . 11c X d Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X , line 16? If "Yes," complete Schedule D, Part IX.
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