Form .790-PF 2015
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OMB No 1545-0052 Form .790-PF Return of Private Foundation or Section 4947(a)(1) Trust Treated as Private Foundation 2015 Do not enter social security numbers on this form as it may be made public. Department of the Treasury ► Internal Revenue Service Information about Form 990-PF and Its separate instructions Is at www.trs.gov/form990pf. to Public Inspection For calendar year 2015, or tax year beginning , 2015 , and ending Name of foundation A Employer identification number Tho t-1 nrs, T.iii Pe-ii nntlatinn Tnr I 1 '3-Fi(1(11 7R7 Number and street (or P 0 box number if mail Is not delivered to street address ) Room/suite B Telephone number ( see instructions) 51 Madison Avenue 30th Floor ( 212 ) 489-7700 City or town, state or province , country , and ZIP or foreign postal code application Is pending , check here. New York NY 10 010 C If exemption ► LI G Check all that apply Initial return Initial return of a former public charity D I Foreign organizations , check here . ► Final return Amended return Address change Name change 2 Foreign organizations meeting the 85% test, check q J here and attach computation . H Check type of organization : }{ Section 501 (c)(3) exempt private foundation ► Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation E If private foundation status was terminated q under section 507(b)(1)(A), check here . I Fair market value of all assets at end of year J Accounting method Cash }( Accrual ► (from Part ll, column (c), line 16) FlOther (specify) F If the foundation is in a 60-month termination 01. $ 8 2 7 , 8 9 5 , 311. (Part column (d) must be on cash basis ) under section 507(b)(1)(B), check here . ' Part I Analysis of Revenue and (a) Revenue and ( b) Net investment (c) Adjusted net (d) Disbursements Expenses (The total of amounts in expenses per books income income for charitable columns (b), (c), and (d) may not neces- purposes sanly equal the amounts in column (a) (cash basis only) (see instructions).) 1 Conldbulions efts, grants , etc, received (attach schedule) 2 Ck ► If the foundation is not required to attach Sch B 3 Interest on savings and temporary cash Investments . 4 Dividends and Interest from securities . 4,204,752. 1,213,646. 5 a Gross rents . b Net rental income or (loss) . R 6a Net gain or (ioss) from sale of assets not on line 10 . - 9 0,379,874. for all E . 212,830, 133. v b assets onlnersai 7 Capital gain net income (from Part IV, line 2 ) . 31,910,409. EN 8 Net short-term capital gain . U 9 Income modifications . Gross sales less E 10a returns and allowancescost . b Less of goods sold . C Gross profit or (toss) (attach schedule) . • • 11 Other income (attach schedule ) . • • . • • - See Line 11 Stmt 28,460. -1,599,350. CID 12 Total Add lines 1 through 1 1 . 9 4 , 613, 0 8 6 . 31,524, 705 . 13 Compensation of officers , directors, trustees , etc •- 1,352, 824 . 66, 660 . 1,264, 444 . To 14 Other employee salaries and wages . 1 ,837, 921 . 28, 500 . 1,800, 375 . 15 Pension plans, employee benefits. ..... 1 , 408, 802 . 42, 479. 1,390, 938 A 16a Legal fees (attach schedule ) . 2 8 , 939 . 63, 116 . M b Accounting fees ( attach sch ). 35, 409 . 35, 000 C Other prof fees (attach sch). 543, 261 2,035, 790. 52, 744 N 3, 0 I 17 Interest . E T 18 Taxes (attach schedule)(see mstrs) See. Line.18 Stmt. - 6 4 7, 392 . -208, 928. R R A A 19 Depreciation (attach T T schedule) and depletion . 12 9 , 247. N V 20 Occupancy . 759, 710. 19, 731. 739, 979 G E 21 Travel , conferences, and meetings . 115, 798 . 119 , 371. A E 22 Punting and publications . N D Xp 23 Other expenses (attach schedule) Line 23 Stmt 862, 395. 23,710. 834, 663. NE See S 24 Total operating and administrative E expenses . Add lines 13 through 23 ..... 9 , 4 2 6, 914. 2,007, 942. 6, 300, 630. 25 Contributions , gins, grants paid . 3 9 , 6 3 4 , 939. 37, 239,853. 26 Total expenses and disbursements. Add lines 24and 25 . 4 9 , 061, 853. 2,007, 942. 43, 540, 483. 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements . - . 45,551,233. b Net Investment income (if negative , enter -0- ) • 29,516,763. C Adjusted net Income (if negative, enter -0-) . - BAA For Paperwork Reduction Act Notice, see instructions. TEEA0301 12/04/15 1-orm 990 -PF (2015) 01^1 Fdrm 990-0F (2015 ) The Henr y Luce Foundation, Inc. 13 -6001282 Page 2 Attached schedules and amounts in the description Beginning of year End of year Part II Balance Sh eets column should be for en d -of-year amounts on ly (See instructions) (a) Book Value (b) Book Value (c) Fair Market Value I Cash - non-interest-bearing . 1 , 000. 1 , 000. 11000. 2 Savings and temporary cash investments . 14, 484, 148. 16, 883 768. 16,883,768. 3 Accounts receivable . ' - - - - 4 1 9,69 0. Less . allowance for doubtful accounts 478, 550. 419, 690. 419, 690. ---------- 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 sch) - - - - - - - - - - - --- - - -- - ---- - Less : allowance for doubtful accounts _ _ _ _ _ _ _ _ _ _ S S 8 Inventories for sale or use . E 9 Prepaid expenses and deferred charges . 41 , 208. 151 , 646. 151 , 646. T S 10a Investments - U S and state government obligations (attach schedule ) . See Scbedu.e.B 27, 841, 181. 24, 595, 963. 24, 595 963. b Investments - corporate stock (attach schedule) . 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) . See .Schedul.e. B 828 , 958, 153. 784, 836, 834. 784 836, 834. 14 Land , buildings, and equipment* basis - - 1,6 2 8,1 2 8. Less accumulated depreciation (attach schedule) . .L-.1.4. Stmt . 904, 177. 849, 742. 723, 951. 723, 951. -- --------- 15 Other assets (describe ' L-15 Stmt ) 366, 062. 282, 459. 282, 459. ----- - - -------- 16 Total assets (to be completed by all f+lers - seethe instructions Also, see page 1, item 1). 873, 020, 044. 827, 895, 311. 827 , 895,311. L 17 Accounts payable and accrued expenses . 5 5 4 , 8 9 9 . 603,828. AI 18 Grants payable . 20, 022, 892. 22, 417, 978. B 19 Deferred revenue . LI 20 Loans from officers, directors, trustees , & other disqualified persons . 1 21 Mortgages and other notes payable (attach schedule) . T 1 22 Other liabilities (describe ' L-22 - Stmt ) 6,774 , 828. 4, 960, 543. E S 23 Total liabilities ( add lines 17 through 22 ) . • 2-7,352,619. 2-7,982,349. Foundations that follow SFAS 117, check here . ' X and complete lines 24 through 26 and lines 30 and 31. N F 24 Unrestricted . 690, 379 485. 652, 686, 979. E U 25 Temporarily restricted . 2 7 , T N 8 6 9 4 5 6 . 78,880 619. D 26 Permanently restricted . 68,345 , 364. 68 r 345 , 364. A Foundations that do not follow SFAS 117, check here . ' S B and complete lines 27 through 31. L E 27 Capital stock, trust principal , or current funds . { T A S N 28 Paid-in or capital surplus , or land , bldg , and equipment fund . c 29 Retained earnings, accumulated income, endowment , or other funds . OE RS 30 Total net assets or fund balances (see instructions ) . 8 4 5, 6 67 4 2 5 . 7 9 9 912 9 62 . 31 Total liabilities and net assets/fund balances (see instructions ) . 873 020 044. 827 , 895,311. Part III Analysis of Chan ges 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 ) . 1 845 ,667,425. 2 Enter amount from Part I, line 27a . 2 45, 5 51, 2 3 3 . 3 Other increases not included in line 2 (itemize) . .' 3 ------------------------------ 4 Add lines 1 , 2, and3 . 4 891 ,218,658. 5 Decreases not included inline 2 (Itemize) . .' C hange in unrealized appreciation on inve_ _ s tme_ _n t s 5 91, 305, 696. 6 Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b), line 30 6 7 9 9, 912, 9 62 . BAA TEEA0302 10/13/15 Form 990-PF (2015) Fcfrm 990-PF (2015) The Henr y Luce Foundation Inc. 13-6001282 Page 3 9Pa'"° t 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 2-story buck warehouse , or common stock , 200 shares MLC Company ) P - Purchase (mo , day, yr) (mo , day, yr ) D - Donation ^a See Schedule E b c d e (e) Gross sales price (f) Depreciation allowed (g) Cost or other basis (h) Gain or (loss) (or allowable) plus expense of sale (e) plus (f) minus (g) a 212,830,133. 180,919,724. 31,910,409. b C d e Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (0 Gains (Col (h) (i) F.M.V.