CY1 C) Form 990-PF(2017 ) the BARRY S

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CY1 C) Form 990-PF(2017 ) the BARRY S 2949133512217 8 Form 990-PF\,- Return of Private Foundation OMB No 1545-0052 or Section 4947(a)(1) Trust Treated as Private Foundation ^j /^lvl Department of the Treasury ► Do not enter soc I al sec urrty ' " bers on th I. form as tt may ba ma da pu bl Ic. 17 Internal Revenue Service ► Go to www.irs for instructions and the latest inform ation. For ca lendar y ear 2017 or tax y ear be g inning , 2017 , and endin g , 20 Nan1e of foundation A Employer Identification number THE BARRY S. STERNLICHT FOUNDATION 26-0039094 Number and street (or P 0 box number if mail is not delivered to street address ) Room/ suite B Telephone number (see instructions) FOUNDATION SOURCE 501 SILVERSIDE RD (800) 839-1754 City or town, state or province, country, and ZIP or foreign postal code C If exemption application is pen d ing , ch eck h ere , . 0. El WILMINGTON, DE 19809-1377 G Check all that apply Initial return Initial return of a former public charity o 1 Foreign organizations , check here. , ► El Final return Amended return 2 Foreign organizations meeting the Address change X Name change 85% test , check here and attach . ► 4 computation El H Check type of organization X Section 501(c)(3) exempt private foundation E If private foundation status was terminated q Section 4947 ( a )( 1 ) nonexem pt charitable trust Other taxable p rivate foundation 507(b)( 1)(A) under section , check here , ► I Fair market value of all assets at J Accounting method X Cash Accrual F If t h e f oun d a t ion is in a 60-month termination q end year (from of Part II, col (c), line Other (specify) under section 507(b)( 1)(B), check here , ► 16) ► $ 62,618,263. (Part I, column (d) must be on cash basis ) (d) Disbursements Analysis of Revenue and Expenses (The (a) Revenue and total of amounts columns (b) Net investment (c) Adjusted net for charitable in (b), (c), and (d) expenses per may not necessarily equal income income ppurposesurposes the amounts in books column (a) (see Instructions)) (cash basis only) I Contributions gifts, grants, etc, received ( attach schedule ) 64,090 . if the foundation 2 Check is not required to ► attach Sch B. 3 Interest on savings and temporary cash investments. 47,492. 47,492. 4 Dividends and interest from securities 739, 030. 739, 030 . 5a Gross rents . A O_ b Net rental Income or (loss) O 2,716, c%t 6a Net gain or (loss) from sale of assets not on line 10 950. b Gross sales price for all 9,727,009. db w assets on line 6a 7 Capital gain net income (from Part IV, line 2) , 3, 459,393. S Net short-term capital gain. W 9 Income modifications . W 10a Gross sales less returns and allowances . 13 b Less Cost of goods sold Q La I c Gross profit or (loss) (attach schedule) • • . 11 Other income (attach schedule) ATCH. I . • 1, 368, 463. 1,364,581. I 12 Total Add lines 1 through 11 4, 936, 025. 5,610,496. 13 Compensation of officers, directors, trustees, etc 0 U) 4) 14 Other employee salaries and wages . a 15 Pension plans, employee benefits . x 16a Legal fees (attach schedule) • • • , , , , , , L b Accounting fees (attach schedule) . , > c Other professional fees (attach schedule). [2 806. 806. 17 Interest . T 18 Taxes (attach schedule) (see Instructions)[ 31. 48, 079 . 19 Depreciation (attach schedule) and depletion. Q 20 Occupancy . 00 . 21 Travel, conferences, and meetings . CV 22 Printing and publications . 23 Other expenses (attach schedule)ATCH .4. 135, 794. 40,748. 95,025 24 Total operating and administrative expenses O w Add lines 13 through 23. .. ...... .. 184, 679. 41,554. 95,025 O 25 Contributions, gifts, grants paid . 17, 219, 451. 5,215,800 26 Total expenses and disbursements Add lines 24 and 25 17,404,130. 41,554. 5,310,825 27 Subtract line 26 from line 12 - nJ co a Excess of revenue over expenses and disbursements , . -12,468,105. b Net investment income (if negative, enter 5,568,942. C) N.A -0-) (\J N c Adjusted net income (if negative, enter -0-). JsA For Paperwork Reduction Act Notice, see instructions. Form 99U-PP (2017) M f.7E 1410 1 000 N _ZT &CY1 C) Form 990-PF(2017 ) THE BARRY S. STERNLICHT FOUNDATION 26-0039094 Pae2 Attached schedules and amounts in the Beginning of year End of year B a l ance Sheets descri ption column should be for end-of-year amounts only (See instructions ) (a) Book Value ( b) Book Value (c) Fair Market Value 1 Cas h - non-interest-bearing . 2 Savings and temporary cash investments . 9, 306, 681. 6, 878, 701. 6,878,701 178,740. 3 Accounts receivable ► 58, 367. 178, 740. Less allowance for doubtful accounts ► 178, 740 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 schedule) ► 2,153,422. Less allowance for doubtful accounts ► 8 Inventories for sale or use . 9 Prepaid expenses and deferred charges . a 10a Investments - U S and state government obligations (attach schedule). b Investments - corporate stock (attach schedule) ATCH 5 16, 599, 710. 23, 289, 751. 28, 965, 221 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) .....ATCH, c . 18, 438, 167. 11, 066, 099. 26, 595, 601 14 Land , buildings, and ► equipment basis - Less accumulated depreciation ► (attach schedule) 15 Other assets (descnbe ► 16 Total assets ( to be completed by all filers - see the instructions Also, see page 1, item I) . 46 , 556, 347. 41, 413, 291. 62, 618, 263 17 Accounts payable and accrued expenses . 18 Grants payable . y 19 Deferred revenue . .. 20 Loans from officers, directors , trustees, and other disqualified persons. _ 21 Mortgages and other notes payable (attach schedule) . J 22 Other liabilities (describe ► 23 Total liabilities ( add lines 17 through 22 ) . 0. 0. Foundations that follow SFAS 117, check here. ► Q and complete lines 24 through 26, and lines 30 and 31 24 Unrestricted . 25 Temporarily restricted . co 26 Permanently restricted . Foundations that do not follow SFAS 117, check here ► U. and complete lines 27 through 31. 0 27 Capital stock , trust principal, or current funds . y 28 Paid - in or capital surplus, or land, bldg , and equipment fund. 0) 29 Retained earnings, accumulated income , endowment, or other funds , 46,5 56,347. 41,413,291. 30 Total net assets or fund balances (see instructions ) . 46,556,347. 41,413,291. Z 31 Total liabilities and net assets/fund balances (see instructions) .. 46, 556, 347. 41,413,291. Ile Anal sis 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 46,556,347. 2 Enter amount from Part I, line 27a .... .... .... .. .. ... ........ .. 2 -12,468,105. 3 Other increases not included in line ATCH 7 3 2 ( Itemize ) ► 7, 325, 049. 4 Add lines 1 , 2, and 3 . .. .. 4 41,413,291. 5 Decreases not included in line 2 ( itemize) ► 5 6 Total net assets or fund balances at end of year ( line 4 minus line 5) - Part II , column (b), line 30 . 6 41,413,291. Form 990-PF (2017) JSA 7E1420 1 000 THE BARRY S. STERNLICHT FOUNDATION 26-0039094 Form 990-PF (2017) Pag e 3 Ca ital Gains and Losses for Tax on Investment Income (a) List and describe the kind ( s) of property sold (for example , real estate, acq^a (c Date acquired (d) Date sold 2-story brick warehouse , or common stock , 200 shs MLC Co) P-Purchase (mo , day, yr) (mo , day, yr) D - Donation 1a SEE PART IV SCHEDULE b c d e Depreciation allowed (g) Cost or other basis (e) Gross sales price (f) (h) Gain or (loss) (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 Adj usted basis ( col ( k), but not less than -0-) or (1) FMV as of 12/ 31/69 ()) k) Excess of col (1) as of 12 / 31 /69 over col Q), if any Losses (from col (h)) 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, 459,393. 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 Instructions If (loss), enter -0- in l Part I, line 8 . J 3 . 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 period? Yes No If "Yes," the foundation doesn't qualify under section 4940 ( e) Do not complete this part I Enter the appropriate amount in each column for each year , see the instructions before maklnci any entries (a ) (d ) Base period years (b) (c) Distribution ratio Adjusted qualifying distributions Net value of nonchantable-use Calendar year (or tax year beginning in ) assets ( col (b) divided by col (c)) 2016 5,524,804.
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