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Return of Private Foundation OMB No 1545.0052 Form 990 P F Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation 2007 Department of the Treasury Note : The foundation may be able to use a copy of this return to satisfy state Internal Revenue Service For calendar year 2007, or tax year be ginnin g , 2007 , and endin g I G Check all that apply Initial return Final return Amended return Address change Name change Name of foundation A Employer identification number Use the IRS label THE MANN FOUNDATION INC 32-0149835 Otherwise , Number and street (or P 0 box number if mail is not delivered to street address) Room/suite B Telephone number (see the instructions) print or type 1385 BROADWAY 1 1102 (212) 840-6266 See Specific City or town State ZIP code C If exemption application is pending, check here Instructions. ► NEW YORK NY 1 0 0 1 8 D 1 Foreign organizations , check here ► H Check type of organization Section 501 (c)(3exempt private foundation 2 Foreign organizations meeting the 85% test, check q here and attach computation Section 4947(a ) (1) nonexem p t charitable trust Other taxable p rivate foundation ► foundation status was terminated Accrual E If private ► Fair market value of all assets at end of year J Accounting method Cash X under section 507(b)(1 XA), check here (from Part ll, column (c), line 16) Other (s pecify) _ _ _ _ _ _ _ _ _ _ _ _ F If the foundation is in a 60-month termination (d) on cash basis) under section 507(b)(1)(B), check here ► $ -2,064. (Part column must be ► Part I Ana lysis of Revenue an d (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 the instructions) ) 1 Contributions, gifts, grants , etc, received (att sch) 736 ,1 91. LMX 2 Ck ► L%J if the foundn is not req to att Sch B 3 Interest on savings and temporary , cash investments 410. 4 Dividends and interest from securities 5a Gross rents b Net rental income or (loss) R 6a Net gainf (loss) from sale of assets not on line 10 b Gross sales price for all E assets on line 6a V 7 Capital gain net income (from Part IV, line 2) E 8 Net short-term capital gain N 9 Income modifications U E 10a Gross sales less returns and allowances b Less Cost of goods sold c Gross profit/(loss) (aft sch) 11 Other income (attach schedule) 12 Total . Add lines 1 throug h 11 736 , 601. 13 Compensation of officers , directors, trustees, etc 0 . 14 Other employee salaries and wages 72 , 000. 15 Pension plans, employee benefits A 16a Legal fees (attach schedule) CIO M b Accounting fees (attach sch) 5 , 000. c-q N c Other prof fees (attach sch) 4 , 800. sl 17 Interest T 18 INCOME TAX 1 , 518. 19 e -f^ ch ep! 9 0 Occupancy G 1 1.cq f Bes, meetings 292 , 744. c -4 2 1PltIng and pubhcatl l 12 , 440. 0 3 xpenses- ah-i^ hedule) i t _ 184 393. E a operatingd dministrative S expenses. Add lines 13 through 23 572 895. 25 Contributions, gifts, grants paid 166 , 667 26 Total expenses and disbursements. Add lines 24 and 25 739 562. 27 Subtract line 26 from line 12: a Excess of revenue over expenses - - and disbursements -2 , 961. - a b Net investment income ( if negative, enter - 0-) C Adjusted net income ( if negative , enter -0-) BAA For Privacy Act and Paperwork Reduction Act Notice, see the instructions . TEEA0301 02/20/08 Form 990-PF (2007) Form 990-RF (2007) THF. MANN FOUNDATION INC 32-01 49835 Pane 2 Attached schedules and amounts in the description Beginning of year End of year Part II Balance Sheets column should be for end-of-year amounts only (See instructions ) (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash - non-interest-bearing 897. -2 , 064. -2 , 064. 2 Savings and temporary cash investments 3 Accounts receivable - - - - - - - - - - - Less. allowance for doubtful accounts ^ _ _ _ _ _ _ _ _ _ 4 Pledges receivable b- - - - - - - - - - - _ Less allowance for doubtful accounts --------- 5 Grants receivable 6 Receivables due from officers, directors, trustees, and other disqualified persons (attach schedule) (see the instructions) 7 Other notes and loans receivable (attach sch) ----------- Less allowance for doubtful accounts 01 S - ------- -- S 8 Inventories for sale or use E 9 Prepaid expenses and deferred charges T S 10a Investments - U S and state government obligations (attach schedule) 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) 14 Land, buildings, and equipment- basis ----------- Less accumulated depreciation (attach schedule) 15 Other assets (describe 16 Total assets (to be completed by all filers - see instructions Also, see p ag e 1, item I 897. -2 , 064. -2 , 064. L 17 Accounts payable and accrued expenses AI 18 Grants payable B 19 Deferred revenue LI 20 Loans from officers, directors, trustees, & other disqualified persons 1 21 Mortgages and other notes payable (attach schedule) T 22 Other liabilities (describe ) E S 23 Total liabilities (add lines 17 throug h 22) Foundations that follow SFAS 117, check here X '• - . , and complete lines 24 through 26 and lines 30 and 31. N F 24 Unrestricted 897. -2 , 064. _ E U T N 25 Temporarily restricted D 26 Permanently restricted S B Foundations that do not follow SFAS 117, check here S A and complete lines 27 through 31. E L T A 27 Capital stock, trust principal, or current funds S N 28 Paid in or capital surplus, or land, building, and equipment fund O E 29 Retained earnings, accumulated income, endowment, or other funds R S 30 Total net assets or fund balances (see the instructions) 897. -2 , 064. 31 Total liabilities and net assets/fund balances (see the instructions) 897. -2 , 064. , Part III I 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) 1 897. 2 Enter amount from Part I, line 27a 2 -2 , 961. 3 Other increases not included in line 2 (itemize) 3 ---------------------------- -- 4 Add lines 1, 2, and 3 4 -2 , 064. 5 Decreases not included in line 2(itemlze) 5 6 Total net assets or fund balances at end of year (line 4 minus line 5 - Part II, column (b) , line 30 6 -2 , 064. BAA TEEAo3o2 07/25/07 Form 990-PF (2007) Form 990-PF (2007) THE MANN FOUNDATION INC 32-0149835 Pag e 3 Part IV Caaital Gains and Losse s for Tax on Investm ent Income (a) List and describe the kind(s) of property sold (e . g., real estate , How acquired c Date acquired ) Date sold 2-story brick warehouse , or common stock , 200 shares MLC Company) P - Purchase (month, day. year) (month, day, year) D - Donat ion 1a 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 b c d e Com p lete only for assets showing gain in column (h) and owned b the foundation on 12/31 /69 (I) Gains (Column (h) (i) Fair Market Value Q) Adjusted basis (k) Excess of column (i) gain minus column (k), but not less as of 12/31/69 as of 12/31/69 over column (I), if any than -0-) or Losses (from column (h)) a b c d e If gain , also enter in Part I, line 7 2 Capital gain net income or (net capital loss) in Part I , line 7 2 -[If (loss), enter -0 - 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) (see the instructions) If (loss), enter -0- in Part I, line 8 3 [Part V I 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 to the base periods [ Yes [ No If 'Yes,' the foundation does not qualify under section 4940 (e) Do not complete this part 1 Enter the aDoroonate amount in each column for each year, see the instructions before making any entries. b c (d) years Base period Adjusted qualifying distributions Net value of Distribution ratio Calendar year (or tax year noncharitable-use assets (column (b) divided by column (c)) beginning in) 2006 0. 2005 0. 2004 2003 2002 2 Total of line 1, column (d) .. 2 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 4 Enter the net value of noncharitable-use assets for 2007 from Part X, line 5 4 5 Multiply line 4 by line 3 5 6 Enter 1 % of net investment income (11% of Part I, line 27b) 6 7 Add lines 5 and 6 .
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