IRS Form 990PF for Harry Frank Guggenheim
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Return of Private Foundation OMB No 1545-0052 F... eeo-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 DApartment 01 the Treasury Internal Revenue Serwce > Information about Form 990-PF and its separate Instructions is 3W W For calendar year 2014 or tax year beginning , and ending Name 01 foundation A Employer identification number THE HARRY FRANK GUGGENHEIM FOUNDATION 13-6043471 Number and street (or P 0 box number it mail is not delivered to street address) Room/suns B Telephone number 25 WEST 53RD STREET 16TH FLOOR 646-428-0971 City or town, state or province, country. and ZIP or torelgn postal code c it exemption application is pending, check here _ ,EJ NEW YORK, NY 10019 6 Check all that apply; El Initial return El Initial return 01a former public charity D 1. Foreign organizations, check here .>E] [II Final return [3 Amended return 2. Foreign organizations meeting the 85% test. E1 Address change '3 Name change check here and attach computation >121 H Check type of organization; Lj Section 501(c)(3) exempt private foundation E It private foundation status was terminated [3 Section 4947(a)(1) nonexempt charitable trust [X] Other taxable private foundation under section 507(b)(1)(A), check here _ HZ] I Fair market value of all assets at end of year J Accounting method; 1;] Cash LJ Accrual F It the foundation is in a 60-month termination (from Part II, col. (c), line 16) [Z] Other (speCIfy) MODIFIED CASH under section 507(b)(1)(B), check here D ,$ 6 1 I 7 4 3 , 0 0 8 . (Part I, column (d) must be on cash baSlS.) m92.122.13.291;massesmaw"0* Analysis of Revenue and Expenses 4182351111 (")"ii'ciiniitmem (719.153.th "at .1 54.24.445811 Disbursements 1 Contributions, gifts, grants, etc., received 2 Check>m lithe ioundationis notrequned to attach Sch B 3 31.512.32.231? 3" mm'm'? 4 DIVidends and interest from securitles 9 9 7 , 0 0 8 . 9 9 2 , 8 0 3 . 9 9 7 , 0 0 8 . STATEMENT 1 5a Gross rents b Net rental income or (loss) 0 63 Net gain or (Ioss)from sale of asses not on line 10 . 4 I 6 1 5 I 8 3 6 o E b 323.345.337.2'3'0'8" 12 . 189 . 895 - EL? 3 7 Capital gain net income (from Part IV. line 2) 4 , 6 1 5 , 8 3 6 0 Si 1 8 Netshort-term capital gain 0 . G; 9 Income modttications m 1.. .88.. > 0 Less Cost of goods sold 5) c Gross profit or (loss) E; 11 Otherincome 254,989. 246,068. 254,989.STATEMENT 2 Lu 12 Total.AddlInes1thrbugh11 5,867,833. 5,854,707. 1,251,997. 2; 13 Compensationciomcers,directors.trustees,etc 766,682. 81,379. 82,201. 684,481. 3 14 Otheremployee salaries and wages 218 , 503 . 0 . 0 . 218 , 503 . C 15 Pensmnplans,employeebenefits 255,039- 17.902. 18,083. 236,956. 015g tsaLegm%SMT 3" 129,511. 32,055. 32,378. 97,133. g. oincoummliteesCactV-Jisms 4 33,211. 8,220. 8,303. 24,908. 111 colther otessmnanees STMTB. 311,631. 233,861. 236,223. 75,408. 317 "1565* ",ngrpngl; 191 39,368. 38,974. 39,368. 0. E13 Tafeg NUV U U 8978131th 6 77,024. 15,392. 15,547. 61,477. .2 19 Digprecianamend-Gapletiprt'7'fjf'a _' Ti 2 6 I 875 - 3 I 9 91 . 4 I 0 31 - 'E 20 OgcupancijGDENLBin,__-' 349,129. 51,846. 52,370. 296,759. 2 21 Tramumeeiaesjaaaaeenngs 301,729. 20,154. 20,358. 281,371. E 22 Printing and publications . gas Otherexpenses STMT 7 580,728. 416,649. 420,857. 159,872. '73 24 Total operating and administrative i," expenses.Addlines13through23 3,089,431. 920,423. 929,719. 2,136,868. 0 25 Contributions, gifts, grants paid 1 , 3 56 , 00 3 . 1 , 3 6 6 , 0 0 3 . 26 Total expenses and disbursements. Addline524and25 4,455,434. 920,423. 929,719. 3,502,871. 27 Subtract line 26 from line 12; a Excess of revenue over expenses and disbursements _ _ 1 I 4 1 2 I 3 9 9 0 b Net investment income ninegative, enter -o-) 4 , 9 3 4 , 28 4 . c Adiusted net income or negative. enter .0-) 3 2 2 , 2 7 8 . 1 11-24-14 LHA For Paperwork Reduction Act Notice, see Instructions. Form-PF (2014) V . A ' , I Form ego-Pr 12014) THE HARRY FRANK GUGGENHEIM FOUNDATION 1 3 - 6 0 4 3 4 7 1 Page 2 Balance Sheets Attached schedules and amountsm the description Beginning of year End of year column should befor end-of-yeai amounts only (a) Book Value (b) Book Value (c) Fair Market Value Cash - non-interest-bearing 126,419. 1,888,377. 1,888,377. 2 Savmgs and temporary cash Investments 3,284,583. 4,154,957. 4,154,957. 3 Accounts receivable b Less. allowance for doubtful accounts D 4 Pledges receivable b Less; allowance for doubtful accounts D 5 Grants receivable 6 Receivables due from officers, directors, trustees, and other disqualified persons 7 Othernotes and loans recewable > Less; allowance for doubtful accounts P 8 Inventories for sale or use 9 Prepaid expenses and deferred charges 56,242. 55,959. 55,959. Assets 103 Investments - US. and state government obligations STMT 1 0 3,256,557. 3,587,603. 3,587,603. b Investments - corporate stock c Investments - corporate bonds STMT 1 1 3,133,474. 3,308,018. 3,308,018. 11 Investments -Iand, burldings,and equipment bass > Less accumulated depreciation b 12 Investments - mortgage loans 13 Investments - other STMT 12 52,001,962. 48,734,037. 48,734,037. 14 Land, bmldings, and equment; ba5is P 502,569. Less accumulated depreciation STMT 9 > 488,512. 38,576. 14,057. 14,057. 15 Other assets (describe b 16 Total assets (to be completed by all filers - see the instructions Also, see page 1, item I) 61,897,813. 61,743,008. 61,743,008. 17 Accounts payable and accrued expenses 18 Grants payable 19 Deferred revenue 20 Loans from officers, directors, trustees, and other disqualified persons 21 Mortgages and other notes payable Liabilities 22 Other liabilities (describe b 23 Total liabilities(add lines 17through 22) 0. 0. Foundations that follow SFAS 117, check here D IE and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted 61,872,813. 61,743,008. 25 Temporarilyrestricted 25,000. 0. Balances 26 Permanently restricted Foundations that do not follow SFAS 117, check here >IZI Fund and complete lines 27 through 31. or 27 Capital stock, trust prinCipal, or current funds 28 Paid-in or capital surplus, or land, bldg., and eqmpment fund Assets 29 Retained earnings, accumulated income, endowment, or other funds 30 Total net assets or fund balances 61,897,813. 61,743,008. Net 31 Total liabilities and net assets/fund balances 61,897,813. 61,743,008. 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) 61,897,813. Enter amount from Part I, line 27a 1,412, 399. Other increases not included in line 2 (itemize) D 0. Add lines 1, 2, and 3 63, 310,212. Decreases not included in line 2 (itemize) b SEE STATEMENT 8 1,567,204. 61,743,008. Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b), line 30 aim-kWh)... GUI-563M Form990-PF(2014) 423511 11-24-14 4 I I ' Form BSD-PF (2014) THE HARRY FRANK GUGGENHEIM FOUNDATION 1 3 - 6 0 4 3 4 7 1 Page 3 [ Part M Capital Gains and Losses for Tax on Investment Income 1 (3) mt and descnbe the kInd(s) of property sold (e.g , real estate, (214110271 racchqaugged (c) Date acqurred (d) Date sold 2-story brrck warehouse; or common stock, 200 shs. MLC Co.) D - DonatIon (mo., day, yr.) (010-, day, yr) ta b SEE ATTACHED STATEMENT c d e (e) Gross sales prIce (t) DepreCIatIon allowed (9) Cost or other basrs (h) GaIn or (loss) (or allowable) plus expense of sale (e) plus (I) minus (9) a b c d e 12,189,896. 7,574,060. 4,615,836. Complete only for assets showmg own In column (h) and owned by the foundatIon on 12/31/69 (I) GaIns (Col. (h) gam mInus . (nAdmsmdMas (nExmssmcm(n Cmikhbmnm'wsman010' (I) F.M V. as of 12/31/69 as of 12/31/59 over col. (1), I, any Losses (from col. (h)) a b c d 9 4,615,836. ll gaIn, also enter "1 Part I, Me 7 2 CapItal gaIn net Income or (net capItaI loss) It (loss), enter -0- In Part I, Me 7 2 4 , 6 l 5 , 8 3 6 . 3 Net short-term capItaI mm or (loss) as defIned In sectIons 1222(5) and (6); If gaIn, also enter In Part I, We 8, column (0). ll (loss), enter -0- In Part I, Me 8 3 0 . I Part U Quallfication Under Section 4940(e) for Reduced Tax on Net Investment Income (For optlonal use by domestIc pnvate foundatIons subject to the sectlon 4940(a) tax on net Investment Income.) If sectIon 4940(d)(2) applles, leave thIs part blank Was the foundatlon lIable lor the sectlon 4942 tax on the dlstnbutable amount of any year In the base perIod'? [I] Yes [XI No If "Yes," the foundatlon does not qualIty under sectlon 4940(e).