Return of Private Foundation Form 990-PF C Grossprofitor(^) NOV 2
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Return of Private Foundation OMB No 1545-00 2 ' Form 990-PF or Section 4947(a)(1) Nonexempt Charitable Trust Department of the Treasury Treated as a Private Foundation Internal Revenue Service 00 Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements 2 8 For calendar year 2008 , or tax year beginning ^ and ending M n-- ..u - _--h. I 1 ,..,.,.., .,.h.... I I c^..ol sf,,.n I I Am nAaA rnf,,.n I 1 AAA.n rhsnnn I 1 Clem When Name of foundation A Employer Identification number Use the IRS label. Otherwise , HE RANDOLPH FOUNDATION 47-0892971 d print Number and street (or P O box number If mail is not delivered to street address) RooMsulte B Telephone number ortype . 55 EAST 49TH STREET 23D ( 212 ) 752-7148 See Specific City or town , state, and ZIP code C If exemption application is pentling , check here ► Instructions . NEW YORK , NY 10 017 0 1 • Foreign organizations , check here ► 2. check rgan d att mopum tio85%test, ► H Check type of org anization ^ Section 501 ()()c 3 exempt private foundation ch eck h ere an attac h co mpupu tati on charitable trust Other taxable p rivate foundation = Section 4947(a )( 1 nonexem pt 0 E It private fou ndation status was terminated I Fair market value of all assets at end of year J Accounting method 0 Cash 0 Accrual under section 507(b)(1)(A), check here (from Part 11, co!. (C), line 16) 0 Other (specify ) MODIFIED CASH F If the foundation is in a 60-month termination (Part 1, column (d) must be on cash basis) ► $ 4 7 2 0 7 0 0 8 . under section 507 (b )( 1 ) B ), check here ► PiMt I Analysis of Revenue and Expenses ( a) Revenue and ( b) Net investment ( c) Adjusted net (d) Disbursements (The total of amounts in columns ( b), (c), and (0) may not for charitable purposes necessarily equal the amounts in column (a)) expenses p er books income income (cash basis only) 1 Contributions , gifts, grants , etc , received N A 2 Check ► Q If the foundation is not required to attach Sch e I eres t s and temporary 25 817. 25 , 817. Statement 2 3 cash i nvestments , 4 Dividends and interest from securities 847 , 482. 827 , 457. S tatement 3 5a Gross rents b Net rental income or (loss) 6a Net gain or (loss) from sale of assets not on line 10 -5, 296,564 . S tatement 1 7 Gross sales pnce for all b assets on line 6a 13 , 062 , 214. 7 Capital gain net income (from Part IV, line 2) 0 cc 8 Net short-term capital gain 9 Income modrf ^^^^^® Gross sales less turns 10a and allowances b Less Cost of g as Id c Gross profit or (^) NOV 2 ®200 11 Other income ° 5 , 050. 5,050. S tatement 4 12 Total . Add line 1 t 4 418 215. 858 324 . 6v 13 Compensation of fficers, s 1J 1 420,330. 124 , 273. 296 , 057. 14 Other employee salaries and wages 339 , 398. 43, 101. 296,297 . c^ 15 Pension plans , employee benefits 276, 720 . 63 , 839 . 212 , 8 81 . 16a Legal fees Stmt 5 36,704. 0. 36,704. C b Accounting fees Stmt 6 25 , 315. 12 , 658. 12 , 657. O c Other professional fees Stmt 7 532 , 226 . 502 , 443. 3 , 146 . 17 Interest 138, 704. 0 . 0 . 2 18 Taxes Stmt 8 110 , 451. 0. 1,500. L 9 19 Depreciation and depletion 37 , 590 . 10 , 525 . 20 Occupancy 75,214. 20,980. 54,234. a 21 Travel , conferences , and meetings 90, 848 . 9 , 030 . 81 , 845 . V 22 Printing and publications 8 , 566 . 0 . 8 , 566 . 23 Other expenses Stmt 9 128, 270. 33,277 . 94,984. 24 Total operating and administrative n expenses . Add lines 13 through 23 2 , 220 , 336 . 820 , 126 . 1 0 9 8 8 71 . 0 25 Contributions , gifts, grants paid 3,068, 950 . 3,068 , 950 . 26 Total expenses and disbursements. Add lines 24 and 25 5 , 289 , 286. 820 126. 4 , 167 , 821. 27 Subtract line 26 from line 12 707,501 a Excess of revenue over expenses and disbursements 9 1 . b Net investment income (if negative, enter -0-) 3 8 , 19 8 . c Ad j usted net Income ifnegative, -0-) 1 N/A LHA For Privacy Act and Paperwork Reduction Act Notice , see the instructions . Form 990-PF (2008) 823501 01-02-09 1 10261102 788682 1263 2008.04020 THE RANDOLPH FOUNDATION 1263 1 k t MCI Fnrm 990-PF 120081 THE RANDOT,PH FOUNDATION 47-0892971 Paoe2 schedules and amounts in the description Beginning of year End of year Balance Sheets ' coiurnnshould beforend-ot-yearamounts only ( a) Book Value ( b) Book Value ( c) Fair Market Value 1 Cash - non-interest-bearing 6 ,477. 173,564. 173,564. 2 Savings and temporary cash investments 2 , 0 0 0 8 5 7. 4 , 882 , 824. 4,882,824. 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 7 Other notes and loans receivable 10. Less allowance for doubtful accounts ► 8 Inventories for sale or use y 9 Prepaid expenses and deferred charges a 10a Investments - U S and state government obligations Stmt 10 4 , 317 842. 3,080 , 915. 3,731 , 839. b Investments - corporate stock Stmt 11 21 , 152 , 614. 17 , 841,367. 15 , 703,669. c Investments - corporate bonds Stmt 12 829 , 039. 829 , 039. 753 , 090. 11 in esbnents - land, buildings , and equipment basis ► Less accumuiated depreciation ► 12 Investments - mortgage loans 13 Investments - other Stmt 13 34 935 384. 26 733 653. 21, 225, 046. 1 257, 779. 14 Land , buildings , and equipment basis ► Less accumulated depreciation ► 520 , 803. 741,845. 736,976. 736,976. 15 Other assets (describe ► 16 Total assets to be com pleted by all filers 63 , 984 , 058. 54f278,338. 47 , 207 , 008. 17 Accounts payable and accrued expenses 18 Grants payable u) 19 Deferred revenue 20 Loans from officers , directors , trustees, and other disqualified persons tav 21 Mortgages and other notes payable Statement 14 ) 10 , 692. 12,473. J 22 Other liabilities (describe ► 23 Total liabilities (add lines 17 throug h 22 ) 10 , 692. 12 , 473. Foundations that follow SFAS 117, check here ► and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted 63 , 973 , 366. 54,265 , 865. E 25 Temporarily restricted m 26 Permanently restricted c Foundations that do not follow SFAS 117, check here ► U. and complete lines 27 through 31. u, 27 Capital stock , trust principal , or current funds 28 Paid -in or capital surplus , or land , bldg , and equipment fund a 29 Retained earnings , accumulated income , endowment, or other funds Z 30 Total net assets or fund balances 63,973,366. 54,265 , 865. 31 Total liabilities and net assets and balances 63,984,058. 54,278,338. p ..ij 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 63 ,973, 366 . 2 Enter amount from Part I, line 27a 2 -9,707 , 501 . 3 Other increases not included in line 2 ( itemize) ► 3 0 4 Add lines 1 , 2, and3 4 54 265 865. 5 Decreases not included in line 2 ( itemize) ► 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 54 , 265 , 865 . Form 990-PF (2008) 823511 01-02-09 2 10261102 788682 1263 2008.04020 THE RANDOLPH FOUNDATION 1263 1 t 14, At a Form 990-PF (2008) THE RANDOLPH FOUNDATION 47-0892971 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, (b How acquired (c) Date acquired (d) Date sold Purchase (mo yr) 2-story brick warehouse, or common stock, 200 shs MLC Co ) D - Donation , day, (mo , day, yr ) 13 b See Attached Statement c d e allowed (g) Cost or other basis (h) Gain or (loss) (e) Gross sales price (f) Depreciation (or allowable) plus expense of sale (e) plus (f) minus (g) a b c d e 13 , 755,134. 1 1 18 358 778. -4,603,644. Complete only for assets sho wing gain in column (h) and owned by the foundation on 12/31/69 (I) Gains (Col (h) gain minus ()) Adjusted basis (k) Excess of col (i) col (k), but not less than -0-) or Losses (from col (h)) (i) F M V as of 12/31/69 as of 12/31/69 over col (1), if any a b c d e -4 , 603,644. 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 -4 , 603 , 644. 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) If ( loss ), enter -0- in Part I line 8 3 N/A 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 penod9 Yes EXI No If Yes , the foundation does not quality 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) (b) d) Base period years (C) Distnbution ratio Calendar year or tax year be innm m Adjusted qualifying distributions Net value of nonchantable-use assets (col (b ) divided by col (c)) 2007 4 , 157 , 083.