Form 990-PF Return of Private Foundation
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Return of Private Foundation OMB No 1545-0052 Form 990-PF or Section 4947(a)(1) Nonexempt Charitable Trust Department of the Treasury Treated as a Private Foundation Internal Revenue Service Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements. 2011 ror calenGar year zu> i or tax year beginning APR 2 8 , 2 011 and ending APR 2 9 , 2 012 Name of foundation A Employer identification numbe H J HEINZ CO. FOUNDATION 30-0055087 Number and street (or P O box number if mail is not delivered to street address) Room/suite B Telephone number P 0 BOX 57' (412) 456-5773 C If exemption City or town, state, and ZIP code application is pending, check here ► PITTSBURGH, PA 15230 G Check all that apply: L_J Initial return L_J Initial return of a former public charity D 1. Foreign organizations, check here Final return Amended return Foreign organizations meeting the 85% test, D Address chang e 0 Name change 2. check here and attach computation H Check type of organization: X Section 501(c)(3) exempt private foundation E If private foundation status was terminated Section 4947(a)(1) nonexempt charitable trust = Other taxable private foundation under section 507(b)(1)(A), check here I Fair market value of all assets at end of year J Accounting method: Cash X Accrual F If the foundation is in a 60-month termination (from Part ll, col. (c), line 16) 0 Other (specify) under section 507(b)(1)(B), check here ► $ 14 , 2 9 5 , 9 71 • (Part 1, column (d) must be on cash basis) Part 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 (d) may not for charitable purposes necessarily equal the amounts In column (a)) exp enses p er books income income (cash basis only) 1 Contributions, gifts, grants, etc., received 5,000,000 . N A - 2 Check if the foundation is not required to attach Sch 8 3 Interest on savings and temporary cash investments 1 , 554. 1 , 554. S TATEMENT 1 4 Dividends and interest from securities 5a Gross rents b Net rental income or (loss) 6a Net gain or (loss) from sale of assets not on line 10 Gross sales price for all ^r („^ b assets on line 6a O 7 Capital gain net Income (from Part IV, line 2) 0. CV Jul 8 Net short-term capital gain 13 1 1Q 1Z e+^ 9 Income modifications Gross sales less returns P 108 and allowances b Less Cost of goods sold c Gross profit or (loss) 11 Other income 12 Total. Add lines 1 through 11 5,001,554. 1,554. 13 Compensation of officers , directors, trustees, etc 0. 0. 0. 14 Other employee salaries and wages 15 Pension plans, employee benefits N 16a Legal fees a b Accounting fees STMT 2 16,183. 0. 16,183. W c Other professional fees STMT 3 510,490. 9,687. 443,819. > 17 Interest 18 Taxes 19 Depreciation and depletion E 20 Occupancy v < 21 Travel, conferences, and meetings a 22 Printing and publications W 23 Other expenses STMT 4 3,400. 0. 3,400. 24 Total operating and administrative CL expenses . Add lines 13 through 23 530,073. 9,687. 463,402. 0 25 Contributions, gifts, grants paid 2 169,963. 2, 511, 4 5 0. 26 Total expenses and disbursements Add lines 24 and 25 2,700,036. 9 , 687. 2,97 4, 852. 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements 2,301 ,518. b Net investment income (if negative, enter -0-) 0 C Adjusted net income (it negative, enter -o-) N/A 12-02-11 LrA rut reperwulR neUUCUUn Met moor:, sets rnslruuuuns. rurln aav-rr teu I I) 1 07451203 798870 4535 2011.05010 H J HEINZ CO. FOUNDATION 4535 1 \\ Form 990-PF (2011) H J HEINZ CO. FOUNDATION 30-0055087 Paget Beginning of year End of year Pa rt II Balance Sheets Atchedschedulesandamountsinthe description column should betor end -of year amounts only (a) Book Value Book Value (c) Fair Market Value 1 Cash - non-interest-bearing 1,468. 484. 484. 2 Savings and temporary cash investments 3,273,643. ,792,167. 4,792,167. 3 Accounts receivable ► Less: allowance for doubtful accounts ► 4 Pledges receivable ► Less: allowance for doubtful accounts ► 5 Grants receivable 9,000,000. 9,500,000. 6 Receivables due from officers, directors, trustees, and other disqualified persons 7 Other notes and loans receivable ► Less: allowance for doubtful accounts ► U) 8 Inventories for sale or use 9 Prepaid expenses and deferred charges a 10a Investments - U S. and state government obligations b Investments - corporate stock c Investments - corporate bonds 11 Investments - land, buildings, and equipment basis ► Less accumulated depreciation ► 12 Investments - mortgage loans 13 Investments - other 14 Land, buildings, and equipment: basis ► Less accumulated depreciation ► 15 nth., assest ( d escrl e STATEMENT 5 ) 3 , 3 2 0 `. , .J c, v . .2 , J Z, V . 16 Total assets to be completed by all filers 12,278 , 431. 14 , 2 9 5 , 9 71. 14,295,971. 17 Accounts payable and accrued expenses 56,984 . 18 Grants payable 614, 873. 273,911. u) 19 Deferred revenue 20 Loans from officers, directors, trustees, and other disqualified persons 20 21 Mortgages and other notes payable 22 Other liabilities (describe ► 23 Total liabilities (add lines 17 through 22 ) 614,873. 330,895. Foundations that follow SFAS 117, check here ► X and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted 2,663,558. 4,465,076. 0 25 Temporarily restricted 9,000,000. 9,500,000. M 26 Permanently restricted 13 Foundations that do not follow SFAS 117, check here ► 0 LL and complete lines 27 through 31. y 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 11,663,558. 31 Total liabilities and net assets/fund balances 12,278,431. 1_ 14,295,971. 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) 11,663,558. 2 Enter amount from Part I, line 27a 2,301,518. 3 Other increases not included in line 2 (itemize) ► 0. 4 Add lines 1, 2, and 3 13,965,076. 5 Decreases not included in line 2 (itemize) ► 0. 6 Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b), line 30 13,965,076. Form 990-PF (2011) 123511 12-02-11 2 07451203 798870 4535 2011.05010 H J HEINZ CO. FOUNDATION 4535 1 Form 990-PF (2011) H J HEINZ CO. FOUNDATION 30-0055087 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, How acquire (c) Date acquired (d) Date sold (mo , day, yr.) 2-story brick warehouse; or common stock, 200 shs. MLC Co.) D - Donation (mo., day, yr) la b NONE C d e or (loss) (e) Gross sales price (f) Depreciation allowed (g) Cost or other basis (h) Gain (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 (j) 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. (j), if any 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 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 ii-art v 1 uuairncaiion unuer .)ecxion, w,+ute) Tor rseaucea r ax on rvei invesimeni 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 EX 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 Distribution ratio Calendar year (or tax year beginning in) Adjusted qqualifying distributions Net value of noncharitable-use assets (col. (b) divided by col. (c)) 2010 3,413,768. 3,223,068. 1.059167 2009 2,533,797. 2,947,346. .859688 2008 3,446,012. 3,245,590. 1.061752 2007 4,214,413. 3,220,536. 1.308606 2006 521,404. 2,586,358. .201598 2 Total of line 1, column (d) 2 4.490811 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 3 .